The table below looks at the statistics for LatentZero skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited LatentZero over the 3 months to 29 May 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
29 May 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 585 574 528
Rank change year-on-year
-11 -46
Contract jobs citing LatentZero 11 21 26
As % of all contract IT jobs located in the UK 0.021% 0.040% 0.055%
As % of the Business Applications category 0.27% 0.45% 0.60%
Number of daily rates quoted 9 18 23
Average daily rate
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£525 £588 £450
Average daily rate % change year-on-year
-10.63% +30.55%
90% offered a daily rate of more than £505 £468 £400
10% offered a daily rate of more than £670 £650 £590
UK excluding London average daily rate - £650 £613
% change year-on-year
- +6.12%
Number of hourly rates quoted 0 1 0
Average hourly rate - £50.00 -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised across the UK.

Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4138 4652 4349
As % of all contract IT jobs located in the UK 7.76% 8.79% 9.19%
Number of daily rates quoted 2371 2575 2181
Average daily rate £450 £425 £440
Average daily rate % change year-on-year
+5.88% -3.40%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £588
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 43 53 79
Average hourly rate £22.50 £37.49 £37.80
Average hourly rate % change year-on-year
-39.98% -0.82%
90% offered a hourly rate of more than £17.50 £14.70 £12.50
10% offered a hourly rate of more than £50.20 £52.50 £58.50
UK excluding London average hourly rate £22.50 £35.00 £37.80
% change year-on-year
-35.71% -7.40%

LatentZero
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing LatentZero within the UK as a proportion of the total demand within the Business Applications category.

LatentZero Jobs Demand Trend in the UK

LatentZero
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing LatentZero within the UK.

LatentZero Daily Rate Trend in the UK

LatentZero
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing LatentZero within the UK over the 3 months to 29 May 2015.

LatentZero Daily Rate Histogram in the UK

LatentZero
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing LatentZero within the UK.

LatentZero Hourly Rate Trend in the UK

LatentZero
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing LatentZero within the UK over the 3 months to 29 May 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -6 11 £525 -8.69% 1
England -31 11 £525 -8.69% 1
City of London +7 2 £519 -9.78%

LatentZero
Top 30 Related IT Skills

For the 6 months to 29 May 2015, IT contractor jobs within the UK citing LatentZero also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited LatentZero.

1 26 (100.00%) thinkFolio
2 20 (76.92%) Front Office
2 20 (76.92%) Asset Management
3 14 (53.85%) Fixed Income
3 14 (53.85%) Equities
4 12 (46.15%) Derivative
4 12 (46.15%) Fund Management
5 11 (42.31%) Investment Management
6 10 (38.46%) Charles River
7 9 (34.62%) Fidessa
8 8 (30.77%) SQL
8 8 (30.77%) Bloomberg
8 8 (30.77%) User Acceptance Testing
9 7 (26.92%) Tesseract
9 7 (26.92%) Minerva
9 7 (26.92%) Sentinel
9 7 (26.92%) SQL Server
10 5 (19.23%) Finance
10 5 (19.23%) Markit EDM
11 4 (15.38%) Analytical Skills
11 4 (15.38%) MS Excel
11 4 (15.38%) MS Access
11 4 (15.38%) VBA
11 4 (15.38%) Oracle
11 4 (15.38%) Agile Software Development
12 3 (11.54%) Microsoft
12 3 (11.54%) Back Office
12 3 (11.54%) Management Information System
12 3 (11.54%) SQL Server Management Studio (SSMS)
12 3 (11.54%) Problem Management

LatentZero
Top Related IT Skills by Category

For the 6 months to 29 May 2015, IT contractor jobs within the UK citing LatentZero also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited LatentZero. Up to 20 skills are shown per category.

Applications
1 4 (15.38%) MS Excel
Business Applications
1 26 (100.00%) thinkFolio
2 7 (26.92%) Tesseract
2 7 (26.92%) Minerva
2 7 (26.92%) Sentinel
3 5 (19.23%) Markit EDM
4 2 (7.69%) Eagle PACE
5 1 (3.85%) SimCorp Dimension
Database & Business Intelligence
1 7 (26.92%) SQL Server
2 4 (15.38%) MS Access
Development Applications
1 3 (11.54%) SQL Server Management Studio (SSMS)
General
1 20 (76.92%) Front Office
2 5 (19.23%) Finance
3 3 (11.54%) Back Office
4 1 (3.85%) Banking
4 1 (3.85%) Retail
Job Titles
1 23 (88.46%) Analyst
2 9 (34.62%) Business Analyst
3 7 (26.92%) Support Analyst
4 6 (23.08%) Applications Support
5 5 (19.23%) Applications Support Analyst
6 4 (15.38%) Developer
6 4 (15.38%) Excel Developer
6 4 (15.38%) VBA Developer
7 3 (11.54%) Analyst Developer
7 3 (11.54%) Excel VBA Developer
7 3 (11.54%) Test Analyst
8 1 (3.85%) Testing Analyst
8 1 (3.85%) Business Test Analyst
8 1 (3.85%) Project Analyst
8 1 (3.85%) Support Manager
8 1 (3.85%) Applications Support Manager
8 1 (3.85%) Business Manager
8 1 (3.85%) Applications Manager
8 1 (3.85%) Programme Manager
8 1 (3.85%) Senior Business Analyst
Miscellaneous
1 14 (53.85%) Fixed Income
1 14 (53.85%) Equities
2 12 (46.15%) Derivative
3 4 (15.38%) Analytical Skills
4 3 (11.54%) Management Information System
5 2 (7.69%) Foreign Exchange (FX)
6 1 (3.85%) Data Integration
Processes & Methodologies
1 20 (76.92%) Asset Management
2 12 (46.15%) Fund Management
3 11 (42.31%) Investment Management
4 8 (30.77%) User Acceptance Testing
5 4 (15.38%) Agile Software Development
6 3 (11.54%) Problem Management
6 3 (11.54%) Portfolio Management
7 2 (7.69%) System Integration Testing
7 2 (7.69%) SDLC
7 2 (7.69%) Integration Testing
8 1 (3.85%) Data Validation
8 1 (3.85%) Fund Accounting
8 1 (3.85%) Test Scripting
8 1 (3.85%) Software Testing
8 1 (3.85%) Enterprise Data Management
8 1 (3.85%) Business Analysis
8 1 (3.85%) Data Management
8 1 (3.85%) Data Analysis
8 1 (3.85%) BPR
8 1 (3.85%) Change Management
Programming Languages
1 8 (30.77%) SQL
2 4 (15.38%) VBA
Qualifications
1 1 (3.85%) CFA
Systems Management
1 1 (3.85%) HP Quality Center
1 1 (3.85%) Control-M
Vendors
1 10 (38.46%) Charles River
2 9 (34.62%) Fidessa
3 8 (30.77%) Bloomberg
4 4 (15.38%) Oracle
5 3 (11.54%) Microsoft
6 1 (3.85%) SimCorp
6 1 (3.85%) Sophis
6 1 (3.85%) Reuters
6 1 (3.85%) Murex
6 1 (3.85%) HP
6 1 (3.85%) FactSet
Central London / West End
Westbourne Partners
Rate: From £600 to £650 per day
Posted: Yesterday