The first table below looks at the demand 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 23 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
23 Jul 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 540 511 528
Rank change year-on-year
-29 +17
Contract jobs citing RMDS 40 58 59
As % of all contract IT jobs located in the UK 0.074% 0.11% 0.10%
As % of the Business Applications category 0.79% 1.26% 1.10%
Number of daily rates quoted 33 41 37
Average daily rate
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£625 £600 £500
Average daily rate % change year-on-year
+4.16% +20.00%
90% offered a daily rate of more than £253 £550 £308
10% offered a daily rate of more than £769 £650 £570
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 2 0
Average hourly rate - £39.51 -
UK excluding London average hourly rate - - -
Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
5036 4611 5362
As % of all contract IT jobs located in the UK 9.35% 9.04% 9.26%
Number of daily rates quoted 2577 2362 2585
Average daily rate £433 £425 £450
Average daily rate % change year-on-year
+1.76% -5.55%
90% offered a daily rate of more than £300 £293 £300
10% offered a daily rate of more than £575 £588 £575
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 63 80 56
Average hourly rate £31.50 £27.50 £37.00
Average hourly rate % change year-on-year
+14.54% -25.67%
90% offered a hourly rate of more than £13.36 £12.50 £14.40
10% offered a hourly rate of more than £42.60 £50.00 £59.50
UK excluding London average hourly rate £31.50 £31.50 £32.50
% change year-on-year
- -3.07%

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 23 July 2014.

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 6 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 23 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 -16 40 £625 +4.16% 5
England -32 40 £625 +4.16% 5
City of London +8 10 £625 +4.16% 4
Docklands, London - - - -
South East - - - -
Kent - - - -

RMDS
Top 30 Related IT Skills

For the 6 months to 23 July 2014, 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 84 (71.19%) Java
2 83 (70.34%) Linux
3 64 (54.24%) Front Office
4 59 (50.00%) Banking
5 52 (44.07%) Foreign Exchange (FX)
5 52 (44.07%) 29West
6 51 (43.22%) SQL
7 47 (39.83%) Oracle
8 46 (38.98%) UNIX
9 40 (33.90%) Low Latency
10 39 (33.05%) Reuters
11 37 (31.36%) Solaris
12 34 (28.81%) Risk Management
13 26 (22.03%) Finance
13 26 (22.03%) E-Commerce
13 26 (22.03%) Windows
14 25 (21.19%) Oracle Coherence
15 22 (18.64%) TIBCO
16 21 (17.80%) Bloomberg
17 20 (16.95%) Multithreading
18 19 (16.10%) Rendezvous
18 19 (16.10%) Investment Banking
19 17 (14.41%) Firewall
20 16 (13.56%) Fixed Income
20 16 (13.56%) Middleware
21 13 (11.02%) ION Trading
22 12 (10.17%) Change Management
23 11 (9.32%) ION MarketView
23 11 (9.32%) VMware
23 11 (9.32%) SQL Server

RMDS
Top Related IT Skills by Category

For the 6 months to 23 July 2014, 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 25 (21.19%) Oracle Coherence
2 6 (5.08%) Confluence
3 4 (3.39%) IIS
3 4 (3.39%) Apache
3 4 (3.39%) Tomcat
3 4 (3.39%) Oracle HTTP Server
3 4 (3.39%) WebSphere
Applications
1 4 (3.39%) MS Office
1 4 (3.39%) MS Excel
Business Applications
1 11 (9.32%) ION MarketView
2 1 (0.85%) 3000 Xtra
2 1 (0.85%) FLEXCUBE
2 1 (0.85%) Temenos T24
Communications & Networking
1 17 (14.41%) Firewall
2 8 (6.78%) LAN
2 8 (6.78%) WAN
3 7 (5.93%) DNS
4 4 (3.39%) SAN
4 4 (3.39%) FTP
4 4 (3.39%) HTTP
4 4 (3.39%) TCP/IP
4 4 (3.39%) NAS
4 4 (3.39%) FCoE
4 4 (3.39%) Fibre Channel
4 4 (3.39%) Multicast
5 1 (0.85%) CHAP
5 1 (0.85%) iSCSI
Database & Business Intelligence
1 11 (9.32%) SQL Server
2 5 (4.24%) KDB
3 4 (3.39%) Hadoop
3 4 (3.39%) HBase
4 3 (2.54%) Relational Database
4 3 (2.54%) MongoDB
5 2 (1.69%) Hazelcast
Development Applications
1 9 (7.63%) JIRA
2 7 (5.93%) JUnit
3 6 (5.08%) TeamCity
3 6 (5.08%) Git (software)
4 4 (3.39%) Eclipse
5 2 (1.69%) IntelliJ
5 2 (1.69%) Jenkins
5 2 (1.69%) Zephyr
6 1 (0.85%) WinRunner
6 1 (0.85%) ClearQuest
6 1 (0.85%) RIATest
General
1 64 (54.24%) Front Office
2 59 (50.00%) Banking
3 26 (22.03%) Finance
4 19 (16.10%) Investment Banking
5 6 (5.08%) Financial Institution
6 3 (2.54%) Back Office
6 3 (2.54%) Corporate Banking
7 2 (1.69%) International Banking
8 1 (0.85%) Retail
Job Titles
1 38 (32.20%) Developer
2 34 (28.81%) Java Developer
3 23 (19.49%) Development Manager
4 15 (12.71%) Analyst
5 12 (10.17%) Support Analyst
5 12 (10.17%) Data Analyst
5 12 (10.17%) Market Data Analyst
5 12 (10.17%) Market Analyst
5 12 (10.17%) Market Data Support Analyst
6 8 (6.78%) Senior Development Manager
6 8 (6.78%) Market Data Engineer
6 8 (6.78%) Senior Manager
7 6 (5.08%) Technical Support
7 6 (5.08%) Applications Support
8 5 (4.24%) Lead Developer
8 5 (4.24%) 1st Line Support
8 5 (4.24%) Technical Specialist
8 5 (4.24%) Lead Java Developer
9 4 (3.39%) Junior Analyst
9 4 (3.39%) Junior Data Analyst
Libraries, Frameworks & Software Standards
1 19 (16.10%) Rendezvous
2 16 (13.56%) Middleware
3 6 (5.08%) HTML
4 5 (4.24%) XML
4 5 (4.24%) WebSockets
5 4 (3.39%) Spring
5 4 (3.39%) XSLT
6 3 (2.54%) FIX Protocol
6 3 (2.54%) Apache Flex
6 3 (2.54%) Spring Integration
7 2 (1.69%) HTML5
7 2 (1.69%) REST
7 2 (1.69%) MAPI
7 2 (1.69%) JMX
8 1 (0.85%) FpML
8 1 (0.85%) JMS
Miscellaneous
1 52 (44.07%) Foreign Exchange (FX)
2 16 (13.56%) Fixed Income
3 6 (5.08%) Derivative
4 5 (4.24%) Equity Derivative
5 4 (3.39%) Hedge funds
6 3 (2.54%) Equities
7 2 (1.69%) Management Information System
7 2 (1.69%) N-Tier
8 1 (0.85%) Enterprise Software
8 1 (0.85%) Computer Science
Operating Systems
1 83 (70.34%) Linux
2 46 (38.98%) UNIX
3 37 (31.36%) Solaris
4 26 (22.03%) Windows
5 6 (5.08%) Red Hat Enterprise Linux
Processes & Methodologies
1 40 (33.90%) Low Latency
2 34 (28.81%) Risk Management
3 26 (22.03%) E-Commerce
4 20 (16.95%) Multithreading
5 12 (10.17%) Change Management
6 10 (8.47%) Electronic Trading
6 10 (8.47%) Agile Software Development
6 10 (8.47%) Software Engineering
6 10 (8.47%) DevOps
7 8 (6.78%) Ultra-Low Latency
7 8 (6.78%) TDD
7 8 (6.78%) Algorithmic Trading
8 7 (5.93%) Automated Testing
8 7 (5.93%) Stakeholder Management
9 6 (5.08%) OO
9 6 (5.08%) Knowledge Management
9 6 (5.08%) Integration Testing
10 5 (4.24%) Disaster Recovery
10 5 (4.24%) Performance Tuning
10 5 (4.24%) BDD
Programming Languages
1 84 (71.19%) Java
2 51 (43.22%) SQL
3 8 (6.78%) Perl
4 4 (3.39%) C++
4 4 (3.39%) C-shell
4 4 (3.39%) Bash Shell
5 3 (2.54%) Python
5 3 (2.54%) JavaScript
6 2 (1.69%) C#
6 2 (1.69%) Shell Script
7 1 (0.85%) C
7 1 (0.85%) VBScript
7 1 (0.85%) VB
Qualifications
1 4 (3.39%) Degree
2 1 (0.85%) ISEB
2 1 (0.85%) ISEB Practitioner
Quality Assurance & Compliance
1 4 (3.39%) QA
System Software
1 8 (6.78%) VMware Infrastructure
2 4 (3.39%) NFS
2 4 (3.39%) SRDF
2 4 (3.39%) Oracle RAC
3 1 (0.85%) KVM
3 1 (0.85%) Xen
3 1 (0.85%) Hyper-V
Systems Management
1 2 (1.69%) ITRS Geneos
2 1 (0.85%) Salt
2 1 (0.85%) HP Quality Center
2 1 (0.85%) Puppet
2 1 (0.85%) Opscode Chef
Vendors
1 52 (44.07%) 29West
2 47 (39.83%) Oracle
3 39 (33.05%) Reuters
4 22 (18.64%) TIBCO
5 21 (17.80%) Bloomberg
6 13 (11.02%) ION Trading
7 11 (9.32%) VMware
8 9 (7.63%) Citrix
9 7 (5.93%) Red Hat
9 7 (5.93%) MarketAxess
10 5 (4.24%) Informatica
11 4 (3.39%) NetApp
11 4 (3.39%) Sybase
11 4 (3.39%) Cisco
11 4 (3.39%) IBM
11 4 (3.39%) Microsoft
11 4 (3.39%) EMC
11 4 (3.39%) Intel
11 4 (3.39%) DataSynapse
12 1 (0.85%) Splunk
London
McGregor Boyall
Rate: £650 - £750 per annum
Posted: 5 days ago