The table below looks at the statistics 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 22 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
22 May 2015
Same period 2014 Same period 2013
Misys Loan IQ
Rank 588 577 534
Rank change year-on-year
-11 -43
Contract jobs citing Loan IQ 19 5 15
As % of all contract IT jobs located in the UK 0.035% 0.009% 0.032%
As % of the Business Applications category 0.45% 0.11% 0.35%
Number of daily rates quoted 9 4 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £600 £625
Average daily rate % change year-on-year
-16.66% -4.00%
90% offered a daily rate of more than £375 £558 £550
10% offered a daily rate of more than £560 £643 £650
UK excluding London average daily rate £375 - -
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
4245 4595 4335
As % of all contract IT jobs located in the UK 7.84% 8.73% 9.20%
Number of daily rates quoted 2423 2564 2180
Average daily rate £450 £425 £448
Average daily rate % change year-on-year
+5.88% -5.07%
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 40 52 79
Average hourly rate £22.50 £35.00 £37.80
Average hourly rate % change year-on-year
-35.71% -7.40%
90% offered a hourly rate of more than £17.50 £15.60 £12.50
10% offered a hourly rate of more than £53.80 £52.50 £57.50
UK excluding London average hourly rate £22.50 £37.49 £37.80
% change year-on-year
-39.98% -0.82%

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 22 May 2015.

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 5 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 22 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 -2 11 £515 -14.16%
England -20 11 £515 -14.16%
Scotland - 8 £375 -
Glasgow - 8 £375 -
City of London +6 2 £530 -11.66%

Loan IQ
Top 30 Related IT Skills

For the 6 months to 22 May 2015, 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 17 (62.96%) Data Modelling
2 14 (51.85%) Banking
3 13 (48.15%) Java
4 11 (40.74%) Finance
5 9 (33.33%) Misys
6 8 (29.63%) C#
6 8 (29.63%) SQL
6 8 (29.63%) UNIX
7 6 (22.22%) DataStage
7 6 (22.22%) XML
7 6 (22.22%) MQSeries
7 6 (22.22%) Oracle
7 6 (22.22%) Agile Software Development
8 5 (18.52%) Analytical Skills
8 5 (18.52%) Linux
8 5 (18.52%) Perl
8 5 (18.52%) Back Office
9 4 (14.81%) DB2
9 4 (14.81%) IBM
9 4 (14.81%) IBM InfoSphere
9 4 (14.81%) DTCC
10 3 (11.11%) Wholesale Banking
10 3 (11.11%) QA
10 3 (11.11%) Use Case
10 3 (11.11%) SWIFT
10 3 (11.11%) Data Migration
10 3 (11.11%) Business Intelligence
10 3 (11.11%) CGI
10 3 (11.11%) Oracle Reports
10 3 (11.11%) Change Management

Loan IQ
Top Related IT Skills by Category

For the 6 months to 22 May 2015, 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 6 (22.22%) MQSeries
Database & Business Intelligence
1 6 (22.22%) DataStage
2 4 (14.81%) DB2
2 4 (14.81%) IBM InfoSphere
3 3 (11.11%) Oracle Reports
General
1 14 (51.85%) Banking
2 11 (40.74%) Finance
3 5 (18.52%) Back Office
4 3 (11.11%) Wholesale Banking
4 3 (11.11%) Investment Banking
5 1 (3.70%) Financial Institution
5 1 (3.70%) Front Office
Job Titles
1 18 (66.67%) Developer
2 8 (29.63%) Analyst
3 7 (25.93%) Business Analyst
4 6 (22.22%) DataStage Developer
5 3 (11.11%) AWS Developer
6 2 (7.41%) C# Developer
7 1 (3.70%) Financial Analyst
7 1 (3.70%) Banking Business Analyst
7 1 (3.70%) Investment Banking Business Analyst
7 1 (3.70%) Java Developer
7 1 (3.70%) Test Manager
7 1 (3.70%) Consultant
7 1 (3.70%) Programmer
7 1 (3.70%) Support Analyst
Libraries, Frameworks & Software Standards
1 6 (22.22%) XML
2 3 (11.11%) CGI
Miscellaneous
1 5 (18.52%) Analytical Skills
2 4 (14.81%) DTCC
3 3 (11.11%) SWIFT
4 1 (3.70%) Mathematics
4 1 (3.70%) Physics
4 1 (3.70%) Computer Science
Operating Systems
1 8 (29.63%) UNIX
2 5 (18.52%) Linux
Processes & Methodologies
1 17 (62.96%) Data Modelling
2 6 (22.22%) Agile Software Development
3 3 (11.11%) Use Case
3 3 (11.11%) Data Migration
3 3 (11.11%) Business Intelligence
3 3 (11.11%) Change Management
3 3 (11.11%) Migration
3 3 (11.11%) Stakeholder Management
3 3 (11.11%) Data Management
3 3 (11.11%) Business Analysis
4 2 (7.41%) Cash Management
5 1 (3.70%) Business Development
5 1 (3.70%) User Acceptance Testing
5 1 (3.70%) Performance Testing
5 1 (3.70%) Stakeholder Engagement
5 1 (3.70%) Test Strategy
5 1 (3.70%) Workflow
Programming Languages
1 13 (48.15%) Java
2 8 (29.63%) C#
2 8 (29.63%) SQL
3 5 (18.52%) Perl
4 1 (3.70%) C
Qualifications
1 2 (7.41%) Degree
2 1 (3.70%) IIBA
2 1 (3.70%) CBAP
2 1 (3.70%) MBA
Quality Assurance & Compliance
1 3 (11.11%) QA
Systems Management
1 1 (3.70%) HP Quality Center
Vendors
1 9 (33.33%) Misys
2 6 (22.22%) Oracle
3 4 (14.81%) IBM
4 3 (11.11%) GoldenSource