The first table below looks at the demand for Loan IQ skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Loan IQ over the 3 months to 31 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category.

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
31 Jul 2014
Same period 2013 Same period 2012
Misys Loan IQ
Rank 588 559 569
Rank change year-on-year
-29 +10
Contract jobs citing Loan IQ 6 11 15
As % of all contract IT jobs located in the UK 0.011% 0.022% 0.026%
As % of the Business Applications category 0.12% 0.24% 0.28%
Number of daily rates quoted 6 11 5
Average daily rate
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£588 £550 £600
Average daily rate % change year-on-year
+6.81% -8.33%
90% offered a daily rate of more than £494 £500 £525
10% offered a daily rate of more than £638 £650 £643
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
5098 4568 5325
As % of all contract IT jobs located in the UK 9.32% 8.94% 9.22%
Number of daily rates quoted 2638 2343 2593
Average daily rate £438 £425 £450
Average daily rate % change year-on-year
+2.94% -5.55%
90% offered a daily rate of more than £300 £297 £300
10% offered a daily rate of more than £575 £600 £575
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 68 76 55
Average hourly rate £32.03 £19.50 £33.75
Average hourly rate % change year-on-year
+64.25% -42.22%
90% offered a hourly rate of more than £13.67 £12.35 £15.00
10% offered a hourly rate of more than £51.50 £45.00 £61.00
UK excluding London average hourly rate £32.00 £22.50 £28.75
% change year-on-year
+42.22% -21.73%

Loan IQ
Jobs Demand Trend

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

Loan IQ Jobs Demand Trend in the UK

Loan IQ
Daily Rate Trend

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

Loan IQ Daily Rate Trend in the UK

Loan IQ
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Loan IQ within the UK over the 3 months to 31 July 2014.

Loan IQ Daily Rate Histogram in the UK

Loan IQ
Hourly Rate Trend

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

Loan IQ Hourly Rate Trend in the UK

Loan IQ
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 Loan IQ within the UK over the 3 months to 31 July 2014. 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 +14 6 £588 +6.81%
England -32 6 £588 +6.81% 1
City of London +24 5 £575 +4.54%

Loan IQ
Top 30 Related IT Skills

For the 6 months to 31 July 2014, IT contractor jobs within the UK citing Loan IQ 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 Loan IQ.

1 5 (41.67%) Data Modelling
1 5 (41.67%) Banking
2 3 (25.00%) Dodd-Frank
2 3 (25.00%) Misys
2 3 (25.00%) SQL
2 3 (25.00%) Finance
2 3 (25.00%) Stakeholder Management
2 3 (25.00%) User Acceptance Testing
3 2 (16.67%) Test Scripting
3 2 (16.67%) Legal
3 2 (16.67%) Java
3 2 (16.67%) Oracle
3 2 (16.67%) XML
3 2 (16.67%) UNIX
3 2 (16.67%) MQSeries
3 2 (16.67%) DataStage
3 2 (16.67%) Project Management
3 2 (16.67%) Investment Banking
3 2 (16.67%) IBM InfoSphere
4 1 (8.33%) Business Analysis
4 1 (8.33%) CGI
4 1 (8.33%) Change Management
4 1 (8.33%) Workflow
4 1 (8.33%) Wholesale Banking
4 1 (8.33%) Business Development
4 1 (8.33%) Degree
4 1 (8.33%) Use Case
4 1 (8.33%) MBA
4 1 (8.33%) IIBA
4 1 (8.33%) CBAP

Loan IQ
Top Related IT Skills by Category

For the 6 months to 31 July 2014, IT contractor jobs within the UK citing Loan IQ 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 Loan IQ. Up to 20 skills are shown per category.

Application Platforms
1 2 (16.67%) MQSeries
Database & Business Intelligence
1 2 (16.67%) DataStage
1 2 (16.67%) IBM InfoSphere
General
1 5 (41.67%) Banking
2 3 (25.00%) Finance
3 2 (16.67%) Legal
3 2 (16.67%) Investment Banking
4 1 (8.33%) Wholesale Banking
Job Titles
1 7 (58.33%) Business Analyst
1 7 (58.33%) Analyst
2 3 (25.00%) Project Manager
3 2 (16.67%) Developer
3 2 (16.67%) DataStage Developer
3 2 (16.67%) Senior DataStage Developer
3 2 (16.67%) Senior Developer
4 1 (8.33%) Contracts Manager
4 1 (8.33%) Banking Business Analyst
4 1 (8.33%) Investment Banking Business Analyst
4 1 (8.33%) Programme Manager
Libraries, Frameworks & Software Standards
1 2 (16.67%) XML
2 1 (8.33%) CGI
Miscellaneous
1 1 (8.33%) SWIFT
Operating Systems
1 2 (16.67%) UNIX
Processes & Methodologies
1 5 (41.67%) Data Modelling
2 3 (25.00%) Stakeholder Management
2 3 (25.00%) User Acceptance Testing
3 2 (16.67%) Test Scripting
3 2 (16.67%) Project Management
4 1 (8.33%) Change Management
4 1 (8.33%) Workflow
4 1 (8.33%) Business Analysis
4 1 (8.33%) Business Development
4 1 (8.33%) Use Case
Programming Languages
1 3 (25.00%) SQL
2 2 (16.67%) Java
Qualifications
1 1 (8.33%) MBA
1 1 (8.33%) Degree
1 1 (8.33%) IIBA
1 1 (8.33%) CBAP
Quality Assurance & Compliance
1 3 (25.00%) Dodd-Frank
Vendors
1 3 (25.00%) Misys
2 2 (16.67%) Oracle