The table below looks at the statistics for RMDS skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited RMDS over the 3 months to 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Reuters Market Data System (RMDS)
Rank 603 573 545
Rank change year-on-year
-30 -28
Contract jobs citing RMDS 23 39 43
As % of all contract IT jobs located in the UK 0.045% 0.075% 0.086%
As % of the Business Applications category 0.56% 0.81% 0.91%
Number of daily rates quoted 21 25 33
Average daily rate £600 £563 £625
Average daily rate % change year-on-year
+6.66% -10.00%
90% offered a daily rate of more than £350 £430 £335
10% offered a daily rate of more than £625 £633 £700
UK excluding London average daily rate - - -
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
4097 4813 4744
As % of all contract IT jobs located in the UK 7.96% 9.29% 9.54%
Number of daily rates quoted 2407 2729 2442
Average daily rate £438 £446 £438
Average daily rate % change year-on-year
-1.96% +2.00%
90% offered a daily rate of more than £300 £300 £279
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 63 38 59
Average hourly rate £39.14 £30.00 £27.53
Average hourly rate % change year-on-year
+30.45% +8.97%
90% offered a hourly rate of more than £12.75 £13.00 £15.15
10% offered a hourly rate of more than £69.07 £59.57 £59.90
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

RMDS
Jobs Demand Trend

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

RMDS Jobs Demand Trend in the UK

RMDS
Daily Rate Trend

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

RMDS Daily Rate Trend in the UK

RMDS
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS within the UK over the 3 months to 10 February 2016.

RMDS Daily Rate Histogram in the UK

RMDS
Hourly Rate Trend

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

RMDS Hourly Rate Trend in the UK

RMDS
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 RMDS within the UK over the 3 months to 10 February 2016. 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 0 23 £600 +6.66%
England -12 23 £600 +6.66%
City of London +30 4 £625 +25.00%

RMDS
Top 30 Related IT Skills

For the 6 months to 10 February 2016, IT contractor jobs within the UK citing RMDS 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 RMDS.

1 22 (64.71%) Reuters
2 19 (55.88%) ION Trading
3 18 (52.94%) Fixed Income
4 16 (47.06%) Banking
4 16 (47.06%) Front Office
5 15 (44.12%) Electronic Trading
6 13 (38.24%) Agile Software Development
6 13 (38.24%) Finance
6 13 (38.24%) Java
6 13 (38.24%) SQL Server
7 12 (35.29%) Oracle
7 12 (35.29%) TIBCO
8 11 (32.35%) Rendezvous
8 11 (32.35%) Bloomberg
8 11 (32.35%) ION MarketView
9 10 (29.41%) Microsoft
9 10 (29.41%) Multithreading
10 9 (26.47%) Analytical Skills
10 9 (26.47%) TDD
11 8 (23.53%) C#
11 8 (23.53%) Unix
11 8 (23.53%) Low Latency
12 7 (20.59%) .NET
12 7 (20.59%) WPF
13 6 (17.65%) MVVM
13 6 (17.65%) VMware
13 6 (17.65%) Investment Banking
13 6 (17.65%) Linux
13 6 (17.65%) MS Excel
13 6 (17.65%) XAML

RMDS
Top Related IT Skills by Category

For the 6 months to 10 February 2016, IT contractor jobs within the UK citing RMDS 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 RMDS. Up to 20 skills are shown per category.

Application Platforms
1 5 (14.71%) MS Exchange
2 3 (8.82%) Oracle Workflow
3 1 (2.94%) Apache
3 1 (2.94%) IIS
3 1 (2.94%) Oracle Coherence
3 1 (2.94%) Oracle HTTP Server
3 1 (2.94%) Tomcat
3 1 (2.94%) WebSphere
Applications
1 6 (17.65%) MS Excel
2 4 (11.76%) MS Office
2 4 (11.76%) MS PowerPoint
Business Applications
1 11 (32.35%) ION MarketView
Cloud Services
1 1 (2.94%) IaaS
1 1 (2.94%) PaaS
Communications & Networking
1 5 (14.71%) SSL
2 1 (2.94%) FCoE
2 1 (2.94%) Fibre Channel
2 1 (2.94%) HTTP
2 1 (2.94%) iSCSI
2 1 (2.94%) LAN
2 1 (2.94%) Multicast
2 1 (2.94%) NAS
2 1 (2.94%) SAN
2 1 (2.94%) WAN
Database & Business Intelligence
1 13 (38.24%) SQL Server
2 1 (2.94%) Hadoop
2 1 (2.94%) HBase
Development Applications
1 5 (14.71%) NUnit
1 5 (14.71%) Visual Studio
2 3 (8.82%) JUnit
3 2 (5.88%) Maven
3 2 (5.88%) Visual Studio Tools for Office
4 1 (2.94%) CodeRush
4 1 (2.94%) Grunt
4 1 (2.94%) gulp
4 1 (2.94%) ReSharper
4 1 (2.94%) TeamCity
General
1 16 (47.06%) Banking
1 16 (47.06%) Front Office
2 13 (38.24%) Finance
3 6 (17.65%) Investment Banking
4 4 (11.76%) International Banking
5 1 (2.94%) French Language
5 1 (2.94%) Games
5 1 (2.94%) Private Banking
Job Titles
1 19 (55.88%) Developer
2 11 (32.35%) Java Developer
3 9 (26.47%) Analyst
4 8 (23.53%) Electronic Trading Developer
5 7 (20.59%) C# Developer
6 6 (17.65%) Senior Analyst
6 6 (17.65%) Senior Developer
6 6 (17.65%) Senior Java Developer
7 5 (14.71%) C# Developer - Electronic Trading
7 5 (14.71%) C# WPF Developer
7 5 (14.71%) Service Analyst
7 5 (14.71%) WPF Developer
8 4 (11.76%) Data Analyst
8 4 (11.76%) Front Office Developer
9 3 (8.82%) .NET Developer
9 3 (8.82%) C# .NET Developer
9 3 (8.82%) Electronic Trading Java Developer
9 3 (8.82%) UX Developer
9 3 (8.82%) XAML Developer
10 2 (5.88%) Oracle Developer
Libraries, Frameworks & Software Standards
1 11 (32.35%) Rendezvous
2 7 (20.59%) .NET
2 7 (20.59%) WPF
3 4 (11.76%) FIX Protocol
3 4 (11.76%) Middleware
4 3 (8.82%) HTML
5 2 (5.88%) AngularJS
5 2 (5.88%) HTML5
5 2 (5.88%) Reactive Extensions
5 2 (5.88%) Ultra Messaging
6 1 (2.94%) .NET Framework
6 1 (2.94%) Entity Framework
6 1 (2.94%) LINQ
6 1 (2.94%) NHibernate
6 1 (2.94%) RequireJS
6 1 (2.94%) TIBCO EMS
6 1 (2.94%) XML
6 1 (2.94%) XSLT
Miscellaneous
1 18 (52.94%) Fixed Income
2 9 (26.47%) Analytical Skills
3 6 (17.65%) Foreign Exchange (FX)
3 6 (17.65%) User Experience
4 3 (8.82%) Derivative
5 2 (5.88%) Equities
5 2 (5.88%) Equity Derivative
5 2 (5.88%) Visualisation
6 1 (2.94%) Computer Science
6 1 (2.94%) Data Centre
6 1 (2.94%) Interest Rate Derivative
6 1 (2.94%) RIA
Operating Systems
1 8 (23.53%) Unix
2 6 (17.65%) Linux
3 5 (14.71%) Windows
4 1 (2.94%) Solaris
Processes & Methodologies
1 15 (44.12%) Electronic Trading
2 13 (38.24%) Agile Software Development
3 10 (29.41%) Multithreading
4 9 (26.47%) TDD
5 8 (23.53%) Low Latency
6 6 (17.65%) Concurrent Programming
6 6 (17.65%) MVVM
7 5 (14.71%) Change Control
7 5 (14.71%) Change Management
7 5 (14.71%) ITIL
7 5 (14.71%) Problem Management
7 5 (14.71%) Project Management
8 4 (11.76%) Workflow
9 3 (8.82%) Analytics
9 3 (8.82%) Performance Tuning
9 3 (8.82%) SOA
10 2 (5.88%) Data Modelling
10 2 (5.88%) Investment Management
10 2 (5.88%) Portfolio Management
10 2 (5.88%) Risk Management
Programming Languages
1 13 (38.24%) Java
2 8 (23.53%) C#
3 6 (17.65%) XAML
4 4 (11.76%) SQL
5 3 (8.82%) JavaScript
6 2 (5.88%) MATLAB
6 2 (5.88%) R
6 2 (5.88%) VBA
7 1 (2.94%) Bash Shell
7 1 (2.94%) C++
7 1 (2.94%) Perl
7 1 (2.94%) Python
7 1 (2.94%) Shell Script
Qualifications
1 5 (14.71%) ITIL Certification
2 4 (11.76%) Degree
3 2 (5.88%) CFA
3 2 (5.88%) MBA
System Software
1 5 (14.71%) Active Directory
1 5 (14.71%) Microsoft App-V
2 1 (2.94%) Hyper-V
2 1 (2.94%) KVM
2 1 (2.94%) NFS
2 1 (2.94%) Oracle RAC
2 1 (2.94%) SRDF
2 1 (2.94%) VMware Infrastructure
2 1 (2.94%) Xen
Systems Management
1 5 (14.71%) SCCM
1 5 (14.71%) Thomson Reuters DACS
2 4 (11.76%) Open DACS
3 1 (2.94%) MOM
Vendors
1 22 (64.71%) Reuters
2 19 (55.88%) ION Trading
3 12 (35.29%) Oracle
3 12 (35.29%) TIBCO
4 11 (32.35%) Bloomberg
5 10 (29.41%) Microsoft
6 6 (17.65%) Cisco
6 6 (17.65%) VMware
7 5 (14.71%) Citrix
8 2 (5.88%) FactSet
8 2 (5.88%) Sybase
9 1 (2.94%) DataSynapse
9 1 (2.94%) EMC
9 1 (2.94%) IBM
9 1 (2.94%) Intel
9 1 (2.94%) NetApp
9 1 (2.94%) Sun