The table below looks at the statistics for Tesseract skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Tesseract over the 3 months to 16 September 2014 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
16 Sep 2014
Same period 2013 Same period 2012
Fidessa LatentZero Tesseract
Rank 604 585 602
Rank change year-on-year
-19 +17
Contract jobs citing Tesseract 2 7 7
As % of all contract IT jobs located in the UK 0.003% 0.013% 0.012%
As % of the Business Applications category 0.039% 0.15% 0.13%
Number of daily rates quoted 1 5 3
Average daily rate
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£475 £463 £525
Average daily rate % change year-on-year
+2.70% -11.90%
UK excluding London average daily rate - £550 -
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
5084 4655 5562
As % of all contract IT jobs located in the UK 8.84% 8.81% 9.44%
Number of daily rates quoted 2779 2455 2763
Average daily rate £450 £428 £450
Average daily rate % change year-on-year
+5.26% -5.00%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £575 £595 £600
UK excluding London average daily rate £425 £400 £435
% change year-on-year
+6.25% -8.04%
Number of hourly rates quoted 64 83 80
Average hourly rate £31.50 £17.50 £32.50
Average hourly rate % change year-on-year
+80.00% -46.15%
90% offered a hourly rate of more than £13.00 £10.90 £13.00
10% offered a hourly rate of more than £65.20 £45.00 £42.80
UK excluding London average hourly rate £31.50 £17.60 £32.50
% change year-on-year
+79.02% -45.86%

Tesseract
Jobs Demand Trend

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

Tesseract Jobs Demand Trend in the UK

Tesseract
Daily Rate Trend

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

Tesseract Daily Rate Trend in the UK

Tesseract
Hourly Rate Trend

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

Tesseract Hourly Rate Trend in the UK

Tesseract
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 Tesseract within the UK over the 3 months to 16 September 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
City of London +21 2 £475 +2.70%
London +13 2 £475 +2.70%
England -7 2 £475 +2.70%

Tesseract
Top 30 Related IT Skills

For the 6 months to 16 September 2014, IT contractor jobs within the UK citing Tesseract 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 Tesseract.

1 11 (100.00%) Minerva
2 7 (63.64%) Sentinel
2 7 (63.64%) SQL
3 6 (54.55%) Fidessa
4 5 (45.45%) LatentZero
4 5 (45.45%) Capstone
5 3 (27.27%) Front Office
5 3 (27.27%) Finance
5 3 (27.27%) Derivative
5 3 (27.27%) thinkFolio
6 2 (18.18%) Investment Management
6 2 (18.18%) Asset Management
6 2 (18.18%) Reuters
6 2 (18.18%) Bloomberg
7 1 (9.09%) Charles River
7 1 (9.09%) Foreign Exchange (FX)
7 1 (9.09%) SQL Server
7 1 (9.09%) XML
7 1 (9.09%) OO
7 1 (9.09%) Fixed Income
7 1 (9.09%) Global One
7 1 (9.09%) Information Security
7 1 (9.09%) Change Management
7 1 (9.09%) Management Information System
7 1 (9.09%) Credit Derivative
7 1 (9.09%) Portfolio Management
7 1 (9.09%) Markit EDM
7 1 (9.09%) EMIR
7 1 (9.09%) SQL Server Management Studio (SSMS)
7 1 (9.09%) User Acceptance Testing

Tesseract
Top Related IT Skills by Category

For the 6 months to 16 September 2014, IT contractor jobs within the UK citing Tesseract 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 Tesseract. Up to 20 skills are shown per category.

Business Applications
1 11 (100.00%) Minerva
2 7 (63.64%) Sentinel
3 5 (45.45%) LatentZero
3 5 (45.45%) Capstone
4 1 (9.09%) Markit EDM
4 1 (9.09%) Global One
Database & Business Intelligence
1 1 (9.09%) SQL Server
Development Applications
1 1 (9.09%) SQL Server Management Studio (SSMS)
General
1 3 (27.27%) Front Office
1 3 (27.27%) Finance
Job Titles
1 10 (90.91%) Analyst
2 4 (36.36%) Test Analyst
2 4 (36.36%) Support Analyst
3 2 (18.18%) Business Analyst
4 1 (9.09%) Systems Analyst
4 1 (9.09%) Applications Support
4 1 (9.09%) Systems Test Analyst
4 1 (9.09%) Functional Analyst
4 1 (9.09%) Test Leader
Libraries, Frameworks & Software Standards
1 1 (9.09%) XML
Miscellaneous
1 3 (27.27%) Derivative
2 1 (9.09%) Foreign Exchange (FX)
2 1 (9.09%) Management Information System
2 1 (9.09%) Fixed Income
2 1 (9.09%) Credit Derivative
Processes & Methodologies
1 2 (18.18%) Asset Management
1 2 (18.18%) Investment Management
2 1 (9.09%) Portfolio Management
2 1 (9.09%) Fund Management
2 1 (9.09%) User Acceptance Testing
2 1 (9.09%) OO
2 1 (9.09%) Change Management
2 1 (9.09%) Information Security
Programming Languages
1 7 (63.64%) SQL
Quality Assurance & Compliance
1 1 (9.09%) EMIR
Vendors
1 6 (54.55%) Fidessa
2 3 (27.27%) thinkFolio
3 2 (18.18%) Reuters
3 2 (18.18%) Bloomberg
4 1 (9.09%) Charles River