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 27 March 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
27 Mar 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 586 560 495
Rank change year-on-year
-26 -65
Contract jobs citing LatentZero 13 10 45
As % of all contract IT jobs located in the UK 0.024% 0.019% 0.098%
As % of the Business Applications category 0.29% 0.22% 1.08%
Number of daily rates quoted 13 8 30
Average daily rate
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£550 £625 £525
Average daily rate % change year-on-year
-12.00% +19.04%
90% offered a daily rate of more than £455 £443 £425
10% offered a daily rate of more than £720 £665 £578
UK excluding London average daily rate - - -
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
4419 4467 4152
As % of all contract IT jobs located in the UK 8.24% 8.61% 9.01%
Number of daily rates quoted 2514 2429 2096
Average daily rate £450 £425 £438
Average daily rate % change year-on-year
+5.88% -2.85%
90% offered a daily rate of more than £300 £288 £300
10% offered a daily rate of more than £600 £588 £575
UK excluding London average daily rate £425 £410 £425
% change year-on-year
+3.65% -3.52%
Number of hourly rates quoted 25 47 66
Average hourly rate £30.00 £22.50 £37.80
Average hourly rate % change year-on-year
+33.33% -40.47%
90% offered a hourly rate of more than £13.00 £14.30 £16.92
10% offered a hourly rate of more than £54.40 £55.00 £55.00
UK excluding London average hourly rate £17.50 £33.00 £37.80
% change year-on-year
-46.96% -12.69%

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 27 March 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 27 March 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 +5 13 £550 -12.00% 4
England -6 13 £550 -12.00% 4
City of London +15 5 £576 +9.61%

LatentZero
Top 30 Related IT Skills

For the 6 months to 27 March 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 23 (100.00%) thinkFolio
2 19 (82.61%) Front Office
3 17 (73.91%) Asset Management
4 13 (56.52%) Fixed Income
4 13 (56.52%) Equities
5 11 (47.83%) Bloomberg
5 11 (47.83%) SQL
5 11 (47.83%) SQL Server
5 11 (47.83%) Derivative
5 11 (47.83%) Fund Management
6 8 (34.78%) VBA
6 8 (34.78%) Oracle
6 8 (34.78%) Fidessa
7 7 (30.43%) Investment Management
8 6 (26.09%) Problem Management
8 6 (26.09%) Management Information System
8 6 (26.09%) MS Access
9 5 (21.74%) Charles River
9 5 (21.74%) Markit EDM
9 5 (21.74%) User Acceptance Testing
10 4 (17.39%) MS Excel
10 4 (17.39%) Finance
10 4 (17.39%) Agile Software Development
11 3 (13.04%) Back Office
11 3 (13.04%) Microsoft
11 3 (13.04%) Tesseract
11 3 (13.04%) Minerva
11 3 (13.04%) Sentinel
11 3 (13.04%) SQL Server Management Studio (SSMS)
12 2 (8.70%) Portfolio Management

LatentZero
Top Related IT Skills by Category

For the 6 months to 27 March 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 (17.39%) MS Excel
2 1 (4.35%) Spreadsheet
Business Applications
1 23 (100.00%) thinkFolio
2 5 (21.74%) Markit EDM
3 3 (13.04%) Tesseract
3 3 (13.04%) Minerva
3 3 (13.04%) Sentinel
4 2 (8.70%) Eagle PACE
Database & Business Intelligence
1 11 (47.83%) SQL Server
2 6 (26.09%) MS Access
Development Applications
1 3 (13.04%) SQL Server Management Studio (SSMS)
General
1 19 (82.61%) Front Office
2 4 (17.39%) Finance
3 3 (13.04%) Back Office
4 2 (8.70%) Banking
4 2 (8.70%) Retail
5 1 (4.35%) Investment Banking
Job Titles
1 18 (78.26%) Analyst
2 8 (34.78%) VBA Developer
2 8 (34.78%) Developer
3 7 (30.43%) Excel Developer
3 7 (30.43%) Business Analyst
4 6 (26.09%) Excel VBA Developer
5 5 (21.74%) Analyst Developer
6 4 (17.39%) Test Analyst
7 3 (13.04%) Support Analyst
7 3 (13.04%) Applications Support
8 2 (8.70%) Applications Support Analyst
9 1 (4.35%) Senior Test Analyst
9 1 (4.35%) Programme Manager
9 1 (4.35%) Senior Business Analyst
9 1 (4.35%) Senior Analyst
9 1 (4.35%) Support Manager
9 1 (4.35%) Applications Support Manager
9 1 (4.35%) Applications Manager
9 1 (4.35%) Business Test Analyst
Miscellaneous
1 13 (56.52%) Fixed Income
1 13 (56.52%) Equities
2 11 (47.83%) Derivative
3 6 (26.09%) Management Information System
4 1 (4.35%) Foreign Exchange (FX)
4 1 (4.35%) Data Integration
Processes & Methodologies
1 17 (73.91%) Asset Management
2 11 (47.83%) Fund Management
3 7 (30.43%) Investment Management
4 6 (26.09%) Problem Management
5 5 (21.74%) User Acceptance Testing
6 4 (17.39%) Agile Software Development
7 2 (8.70%) Portfolio Management
7 2 (8.70%) Integration Testing
8 1 (4.35%) Test Scripting
8 1 (4.35%) Business Analysis
8 1 (4.35%) Software Testing
8 1 (4.35%) Change Management
8 1 (4.35%) Migration
8 1 (4.35%) Change Control
Programming Languages
1 11 (47.83%) SQL
2 8 (34.78%) VBA
Systems Management
1 1 (4.35%) Control-M
Vendors
1 11 (47.83%) Bloomberg
2 8 (34.78%) Oracle
2 8 (34.78%) Fidessa
3 5 (21.74%) Charles River
4 3 (13.04%) Microsoft
5 1 (4.35%) Reuters
5 1 (4.35%) FactSet
London
Harvey Nash plc
Rate: £500 - £600 per day
Posted: 6 days ago