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 18 April 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
18 Apr 2014
Same period 2013 Same period 2012
Reuters Market Data System (RMDS)
Rank 512 509 528
Rank change year-on-year
-3 +19
Contract jobs citing RMDS 75 35 60
As % of all contract IT jobs located in the UK 0.13% 0.073% 0.099%
As % of the Business Applications category 1.55% 0.81% 1.07%
Number of daily rates quoted 63 30 46
Average daily rate £650 £523 £425
Average daily rate % change year-on-year
+24.40% +22.94%
90% offered a daily rate of more than £317 £350 £345
10% offered a daily rate of more than £775 £700 £526
UK excluding London average daily rate - - £550
Number of hourly rates quoted 0 1 0
Average hourly rate - £39.53 -
UK excluding London average hourly rate - - -
Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4825 4317 5606
As % of all contract IT jobs located in the UK 8.57% 9.05% 9.24%
Number of daily rates quoted 2739 2206 2779
Average daily rate £425 £440 £450
Average daily rate % change year-on-year
-3.40% -2.22%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £400 £425 £433
% change year-on-year
-5.88% -1.73%
Number of hourly rates quoted 42 74 78
Average hourly rate £33.00 £37.80 £20.00
Average hourly rate % change year-on-year
-12.69% +89.00%
90% offered a hourly rate of more than £13.50 £13.50 £11.00
10% offered a hourly rate of more than £53.50 £63.50 £53.00
UK excluding London average hourly rate £33.00 £37.80 £20.00
% change year-on-year
-12.69% +89.00%

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 18 April 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 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
London +17 75 £650 +24.40% 11
England -47 75 £650 +24.40% 12
City of London -1 26 £600 +27.65% 6
South East - - - - 1
Kent - - - - 1
Surrey - - - -

RMDS
Top 30 Related IT Skills

For the 6 months to 18 April 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 77 (71.30%) Linux
2 68 (62.96%) Java
3 53 (49.07%) Front Office
4 52 (48.15%) Oracle
5 51 (47.22%) Foreign Exchange (FX)
6 48 (44.44%) SQL
7 45 (41.67%) 29West
8 44 (40.74%) Solaris
8 44 (40.74%) Banking
9 41 (37.96%) Reuters
10 35 (32.41%) Low Latency
11 32 (29.63%) Risk Management
12 30 (27.78%) UNIX
13 29 (26.85%) Windows
13 29 (26.85%) Oracle Coherence
14 22 (20.37%) E-Commerce
15 19 (17.59%) Middleware
15 19 (17.59%) Finance
15 19 (17.59%) TIBCO
16 18 (16.67%) Bloomberg
17 17 (15.74%) Rendezvous
18 15 (13.89%) LAN
18 15 (13.89%) WAN
19 14 (12.96%) SQL Server
20 13 (12.04%) Multithreading
21 12 (11.11%) Firewall
22 11 (10.19%) Fixed Income
23 10 (9.26%) VMware
23 10 (9.26%) Change Management
23 10 (9.26%) Investment Banking

RMDS
Top Related IT Skills by Category

For the 6 months to 18 April 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 29 (26.85%) Oracle Coherence
2 8 (7.41%) IIS
2 8 (7.41%) Apache
2 8 (7.41%) Tomcat
2 8 (7.41%) Oracle HTTP Server
2 8 (7.41%) WebSphere
3 1 (0.93%) TIBCO EMS
Applications
1 7 (6.48%) MS Office
Business Applications
1 7 (6.48%) ION MarketView
2 2 (1.85%) 3000 Xtra
3 1 (0.93%) FLEXCUBE
3 1 (0.93%) Eikon
3 1 (0.93%) Temenos T24
Communications & Networking
1 15 (13.89%) LAN
1 15 (13.89%) WAN
2 12 (11.11%) Firewall
3 10 (9.26%) Multicast
4 8 (7.41%) HTTP
4 8 (7.41%) SAN
4 8 (7.41%) FCoE
4 8 (7.41%) Fibre Channel
4 8 (7.41%) NAS
5 5 (4.63%) TCP/IP
6 2 (1.85%) DNS
6 2 (1.85%) Internet
Database & Business Intelligence
1 14 (12.96%) SQL Server
2 8 (7.41%) HBase
2 8 (7.41%) Hadoop
3 3 (2.78%) Relational Database
4 2 (1.85%) Hazelcast
5 1 (0.93%) RDBMS
5 1 (0.93%) KDB
Development Applications
1 6 (5.56%) JUnit
2 2 (1.85%) JIRA
3 1 (0.93%) Eclipse
3 1 (0.93%) WinRunner
3 1 (0.93%) ClearQuest
3 1 (0.93%) CodeRush
3 1 (0.93%) RIATest
3 1 (0.93%) Jenkins
3 1 (0.93%) ReSharper
3 1 (0.93%) TeamCity
General
1 53 (49.07%) Front Office
2 44 (40.74%) Banking
3 19 (17.59%) Finance
4 10 (9.26%) Investment Banking
5 6 (5.56%) Back Office
6 3 (2.78%) Financial Institution
7 1 (0.93%) Retail
7 1 (0.93%) Corporate Banking
7 1 (0.93%) Games
Job Titles
1 28 (25.93%) Developer
2 26 (24.07%) Java Developer
3 21 (19.44%) Development Manager
4 14 (12.96%) Market Data Engineer
5 11 (10.19%) Analyst
6 9 (8.33%) Technical Support
7 8 (7.41%) Architect
7 8 (7.41%) 1st Line Support
7 8 (7.41%) Support Analyst
7 8 (7.41%) Data Analyst
7 8 (7.41%) Infrastructure Architect
7 8 (7.41%) Market Data Support Analyst
7 8 (7.41%) Market Data Analyst
7 8 (7.41%) Market Analyst
8 5 (4.63%) Lead Architect
8 5 (4.63%) Market Data Manager
8 5 (4.63%) Senior Development Manager
8 5 (4.63%) Market Data Project Manager
8 5 (4.63%) Senior Manager
8 5 (4.63%) Technical Specialist
Libraries, Frameworks & Software Standards
1 19 (17.59%) Middleware
2 17 (15.74%) Rendezvous
3 9 (8.33%) XML
3 9 (8.33%) HTML
4 8 (7.41%) XSLT
5 2 (1.85%) FIX Protocol
5 2 (1.85%) REST
5 2 (1.85%) MAPI
5 2 (1.85%) JMS
6 1 (0.93%) NHibernate
6 1 (0.93%) Spring
6 1 (0.93%) FpML
6 1 (0.93%) JMX
6 1 (0.93%) ADO.NET Entity Framework
6 1 (0.93%) HTML5
6 1 (0.93%) LINQ
6 1 (0.93%) WPF
6 1 (0.93%) Apache Flex
Miscellaneous
1 51 (47.22%) Foreign Exchange (FX)
2 11 (10.19%) Fixed Income
3 7 (6.48%) Derivative
4 5 (4.63%) Equity Derivative
5 3 (2.78%) Equities
6 1 (0.93%) Credit Derivative
6 1 (0.93%) Management Information System
6 1 (0.93%) Enterprise Software
Operating Systems
1 77 (71.30%) Linux
2 44 (40.74%) Solaris
3 30 (27.78%) UNIX
4 29 (26.85%) Windows
5 5 (4.63%) Red Hat Enterprise Linux
Processes & Methodologies
1 35 (32.41%) Low Latency
2 32 (29.63%) Risk Management
3 22 (20.37%) E-Commerce
4 13 (12.04%) Multithreading
5 10 (9.26%) Change Management
6 9 (8.33%) Ultra-Low Latency
6 9 (8.33%) Performance Tuning
7 8 (7.41%) Benchmarking
7 8 (7.41%) Disaster Recovery
7 8 (7.41%) Problem Management
8 7 (6.48%) Algorithmic Trading
8 7 (6.48%) Software Engineering
8 7 (6.48%) Web Design
9 6 (5.56%) Integration Testing
10 5 (4.63%) Electronic Trading
10 5 (4.63%) Automated Testing
10 5 (4.63%) Agile Software Development
10 5 (4.63%) TDD
11 4 (3.70%) Knowledge Management
11 4 (3.70%) Stakeholder Management
Programming Languages
1 68 (62.96%) Java
2 48 (44.44%) SQL
3 7 (6.48%) Perl
4 6 (5.56%) JavaScript
5 3 (2.78%) C++
5 3 (2.78%) C-shell
5 3 (2.78%) Bash Shell
6 2 (1.85%) Shell Script
7 1 (0.93%) C
7 1 (0.93%) C#
7 1 (0.93%) VBScript
7 1 (0.93%) VB
Qualifications
1 3 (2.78%) Degree
2 1 (0.93%) ISEB Practitioner
2 1 (0.93%) ISEB
Quality Assurance & Compliance
1 2 (1.85%) QA
System Software
1 8 (7.41%) NFS
1 8 (7.41%) SRDF
1 8 (7.41%) Oracle RAC
2 7 (6.48%) VMware Infrastructure
Systems Management
1 1 (0.93%) MOM
1 1 (0.93%) HP Quality Center
1 1 (0.93%) ITRS Geneos
Vendors
1 52 (48.15%) Oracle
2 45 (41.67%) 29West
3 41 (37.96%) Reuters
4 19 (17.59%) TIBCO
5 18 (16.67%) Bloomberg
6 10 (9.26%) VMware
7 9 (8.33%) Citrix
8 8 (7.41%) Sybase
8 8 (7.41%) Cisco
8 8 (7.41%) IBM
8 8 (7.41%) EMC
8 8 (7.41%) Intel
8 8 (7.41%) NetApp
8 8 (7.41%) ION Trading
8 8 (7.41%) DataSynapse
9 7 (6.48%) Microsoft
10 6 (5.56%) MarketAxess
11 5 (4.63%) Red Hat
London
McGregor Boyall
Rate: £650 - £750 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £600 - £650 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £750 - £1000 per day
Posted: 4 days ago
East London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
London
Huxley Associates
Rate: £650 per day
Posted: 7 days ago
City of London
Huxley Associates
Rate: £700 - £850 per day
Posted: 9 days ago
City of London
Austin Fraser Limited
Rate: NEG
Posted: 24 days ago