The first table below looks at the demand for Minerva skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Minerva 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
Fidessa LatentZero Minerva
Rank 589 559 560
Rank change year-on-year
-30 +1
Contract jobs citing Minerva 5 11 24
As % of all contract IT jobs located in the UK 0.009% 0.022% 0.042%
As % of the Business Applications category 0.098% 0.24% 0.45%
Number of daily rates quoted 1 5 14
Average daily rate
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£475 £463 £488
Average daily rate % change year-on-year
+2.70% -5.12%
UK excluding London average daily rate - - £325
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%

Minerva
Jobs Demand Trend

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

Minerva Jobs Demand Trend in the UK

Minerva
Daily Rate Trend

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

Minerva Daily Rate Trend in the UK

Minerva
Hourly Rate Trend

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

Minerva Hourly Rate Trend in the UK

Minerva
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 Minerva 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 +17 5 £475 +2.70%
England -32 5 £475 +2.70%
City of London +23 3 £475 +2.70%

Minerva
Top 30 Related IT Skills

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

1 10 (55.56%) Tesseract
1 10 (55.56%) Sentinel
1 10 (55.56%) SQL
2 7 (38.89%) LatentZero
3 6 (33.33%) Investment Management
4 5 (27.78%) Fidessa
4 5 (27.78%) Capstone
5 4 (22.22%) Derivative
5 4 (22.22%) thinkFolio
5 4 (22.22%) Charles River
5 4 (22.22%) Asset Management
6 3 (16.67%) Banking
6 3 (16.67%) Portfolio Management
7 2 (11.11%) Data Governance
7 2 (11.11%) Reference Data
7 2 (11.11%) Stakeholder Engagement
7 2 (11.11%) Front Office
7 2 (11.11%) Finance
7 2 (11.11%) Reuters
7 2 (11.11%) Bloomberg
7 2 (11.11%) Oracle
7 2 (11.11%) Windows
8 1 (5.56%) ATM
8 1 (5.56%) GSM
8 1 (5.56%) UMTS
8 1 (5.56%) Ethernet
8 1 (5.56%) HTTP
8 1 (5.56%) TCP/IP
8 1 (5.56%) HTTPS
8 1 (5.56%) SQL Server

Minerva
Top Related IT Skills by Category

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

Business Applications
1 10 (55.56%) Tesseract
1 10 (55.56%) Sentinel
2 7 (38.89%) LatentZero
3 5 (27.78%) Capstone
4 1 (5.56%) Markit EDM
Communications & Networking
1 1 (5.56%) ATM
1 1 (5.56%) GSM
1 1 (5.56%) UMTS
1 1 (5.56%) Ethernet
1 1 (5.56%) HTTP
1 1 (5.56%) TCP/IP
1 1 (5.56%) HTTPS
1 1 (5.56%) MPLS
1 1 (5.56%) LTE
Database & Business Intelligence
1 1 (5.56%) SQL Server
Development Applications
1 1 (5.56%) SQL Server Management Studio (SSMS)
General
1 3 (16.67%) Banking
2 2 (11.11%) Front Office
2 2 (11.11%) Finance
3 1 (5.56%) Investment Banking
Job Titles
1 16 (88.89%) Analyst
2 6 (33.33%) Business Analyst
2 6 (33.33%) Support Analyst
3 4 (22.22%) Test Analyst
4 1 (5.56%) Systems Analyst
4 1 (5.56%) Tester
4 1 (5.56%) Applications Support
4 1 (5.56%) Applications Support Analyst
4 1 (5.56%) Systems Test Analyst
4 1 (5.56%) Functional Analyst
4 1 (5.56%) Regression Tester
4 1 (5.56%) Test Leader
4 1 (5.56%) Transmission Planner
Miscellaneous
1 4 (22.22%) Derivative
2 2 (11.11%) Reference Data
3 1 (5.56%) Equities
Operating Systems
1 2 (11.11%) Windows
2 1 (5.56%) Windows Server 2003
2 1 (5.56%) Windows Server 2012
2 1 (5.56%) UNIX
Processes & Methodologies
1 6 (33.33%) Investment Management
2 4 (22.22%) Asset Management
3 3 (16.67%) Portfolio Management
4 2 (11.11%) Data Governance
4 2 (11.11%) Stakeholder Engagement
5 1 (5.56%) User Acceptance Testing
5 1 (5.56%) Test Scripting
5 1 (5.56%) Regression Testing
5 1 (5.56%) Migration
Programming Languages
1 10 (55.56%) SQL
Quality Assurance & Compliance
1 1 (5.56%) EMIR
Vendors
1 5 (27.78%) Fidessa
2 4 (22.22%) Charles River
2 4 (22.22%) thinkFolio
3 2 (11.11%) Oracle
3 2 (11.11%) Reuters
3 2 (11.11%) Bloomberg
4 1 (5.56%) Cramer
4 1 (5.56%) NetCracker