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 6 July 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
6 Jul 2015
Same period 2014 Same period 2013
Fidessa LatentZero
Rank 596 574 529
Rank change year-on-year
-22 -45
Contract jobs citing LatentZero 13 17 26
As % of all contract IT jobs located in the UK 0.024% 0.032% 0.053%
As % of the Business Applications category 0.30% 0.35% 0.57%
Number of daily rates quoted 11 16 20
Average daily rate
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£625 £613 £413
Average daily rate % change year-on-year
+2.04% +48.48%
UK excluding London average daily rate - £650 £328
% change year-on-year
- +98.47%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
4356 4818 4537
As % of all contract IT jobs located in the UK 7.94% 9.10% 9.21%
Number of daily rates quoted 2462 2520 2286
Average daily rate £450 £425 £430
Average daily rate % change year-on-year
+5.88% -1.16%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £420 £413 £425
% change year-on-year
+1.81% -2.94%
Number of hourly rates quoted 52 60 76
Average hourly rate £22.50 £30.75 £32.58
Average hourly rate % change year-on-year
-26.82% -5.61%
90% offered a hourly rate of more than £18.00 £17.00 £12.50
10% offered a hourly rate of more than £47.05 £45.00 £61.75
UK excluding London average hourly rate £23.00 £25.50 £36.90
% change year-on-year
-9.80% -30.89%

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 6 July 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 6 July 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 +1 13 £625 +4.16% 11
England -15 13 £625 +4.16% 11
City of London -9 1 £563 -6.25% 7

LatentZero
Top 30 Related IT Skills

For the 6 months to 6 July 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 27 (100.00%) thinkFolio
2 20 (74.07%) Front Office
3 18 (66.67%) Asset Management
4 16 (59.26%) Fixed Income
5 15 (55.56%) Derivative
6 14 (51.85%) Charles River
7 12 (44.44%) Equities
7 12 (44.44%) Investment Management
8 10 (37.04%) SQL
9 9 (33.33%) Fund Management
9 9 (33.33%) Portfolio Management
10 8 (29.63%) Fidessa
11 7 (25.93%) Foreign Exchange (FX)
11 7 (25.93%) Finance
11 7 (25.93%) Tesseract
11 7 (25.93%) Minerva
11 7 (25.93%) Sentinel
12 6 (22.22%) Bloomberg
12 6 (22.22%) User Acceptance Testing
13 5 (18.52%) Murex
13 5 (18.52%) BPR
13 5 (18.52%) Data Analysis
13 5 (18.52%) Sophis
13 5 (18.52%) SimCorp
13 5 (18.52%) SimCorp Dimension
13 5 (18.52%) CFA
14 4 (14.81%) Agile Software Development
14 4 (14.81%) Analytical Skills
14 4 (14.81%) Markit EDM
15 3 (11.11%) SQL Server

LatentZero
Top Related IT Skills by Category

For the 6 months to 6 July 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 2 (7.41%) MS Excel
Business Applications
1 27 (100.00%) thinkFolio
2 7 (25.93%) Tesseract
2 7 (25.93%) Minerva
2 7 (25.93%) Sentinel
3 5 (18.52%) SimCorp Dimension
4 4 (14.81%) Markit EDM
5 2 (7.41%) Eagle PACE
Database & Business Intelligence
1 3 (11.11%) SQL Server
2 2 (7.41%) MS Access
Development Applications
1 1 (3.70%) SQL Server Management Studio (SSMS)
General
1 20 (74.07%) Front Office
2 7 (25.93%) Finance
3 2 (7.41%) Back Office
4 1 (3.70%) Banking
Job Titles
1 23 (85.19%) Analyst
2 10 (37.04%) Business Analyst
3 7 (25.93%) Support Analyst
4 5 (18.52%) Applications Support
4 5 (18.52%) Applications Support Analyst
5 2 (7.41%) VBA Developer
5 2 (7.41%) Senior Business Analyst
5 2 (7.41%) Senior Analyst
5 2 (7.41%) Developer
5 2 (7.41%) Excel Developer
6 1 (3.70%) Excel VBA Developer
6 1 (3.70%) Business Test Analyst
6 1 (3.70%) Testing Analyst
6 1 (3.70%) Project Manager
6 1 (3.70%) Programme Manager
6 1 (3.70%) Data Analyst
6 1 (3.70%) Business Manager
6 1 (3.70%) Test Analyst
6 1 (3.70%) Senior Test Analyst
6 1 (3.70%) Analyst Developer
Miscellaneous
1 16 (59.26%) Fixed Income
2 15 (55.56%) Derivative
3 12 (44.44%) Equities
4 7 (25.93%) Foreign Exchange (FX)
5 4 (14.81%) Analytical Skills
6 1 (3.70%) Reference Data
6 1 (3.70%) Data Integration
6 1 (3.70%) Management Information System
Processes & Methodologies
1 18 (66.67%) Asset Management
2 12 (44.44%) Investment Management
3 9 (33.33%) Fund Management
3 9 (33.33%) Portfolio Management
4 6 (22.22%) User Acceptance Testing
5 5 (18.52%) Data Analysis
5 5 (18.52%) BPR
6 4 (14.81%) Agile Software Development
7 1 (3.70%) Problem Management
7 1 (3.70%) Analytics
7 1 (3.70%) Critical Success Factor
7 1 (3.70%) SDLC
7 1 (3.70%) Project Management
7 1 (3.70%) Change Management
7 1 (3.70%) Validation
7 1 (3.70%) Migration
7 1 (3.70%) Business Analysis
7 1 (3.70%) Enterprise Data Management
7 1 (3.70%) Data Management
7 1 (3.70%) Data Validation
Programming Languages
1 10 (37.04%) SQL
2 2 (7.41%) VBA
Qualifications
1 5 (18.52%) CFA
Systems Management
1 1 (3.70%) Control-M
1 1 (3.70%) HP Quality Center
Vendors
1 14 (51.85%) Charles River
2 8 (29.63%) Fidessa
3 6 (22.22%) Bloomberg
4 5 (18.52%) Murex
4 5 (18.52%) Sophis
4 5 (18.52%) SimCorp
5 2 (7.41%) Oracle
6 1 (3.70%) Microsoft
6 1 (3.70%) HP
6 1 (3.70%) Reuters
6 1 (3.70%) FactSet