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 2 March 2015 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
2 Mar 2015
Same period 2014 Same period 2013
Fidessa LatentZero Tesseract
Rank 573 566 522
Rank change year-on-year
-7 -44
Contract jobs citing Tesseract 3 10 11
As % of all contract IT jobs located in the UK 0.006% 0.020% 0.025%
As % of the Business Applications category 0.066% 0.22% 0.28%
Number of daily rates quoted 3 3 6
Average daily rate
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£700 £440 £538
Average daily rate % change year-on-year
+59.09% -18.13%
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
4577 4506 3978
As % of all contract IT jobs located in the UK 8.71% 8.81% 8.87%
Number of daily rates quoted 2568 2375 1972
Average daily rate £450 £435 £425
Average daily rate % change year-on-year
+3.44% +2.35%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £425 £413 £413
% change year-on-year
+3.03% -
Number of hourly rates quoted 35 50 53
Average hourly rate £30.00 £19.10 £31.50
Average hourly rate % change year-on-year
+57.06% -39.36%
90% offered a hourly rate of more than £14.60 £15.00 £17.50
10% offered a hourly rate of more than £67.00 £59.90 £67.00
UK excluding London average hourly rate £18.00 £23.00 £37.80
% change year-on-year
-21.73% -39.15%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Tesseract within the UK over the 3 months to 2 March 2015.

Tesseract Daily Rate Histogram 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 4 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 2 March 2015. 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 +1 3 £700 +59.09% 1
England -36 3 £700 +59.09% 1
Birmingham - - - -
West Midlands - - - -

Tesseract
Top 28 Related IT Skills

For the 6 months to 2 March 2015, 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 4 (100.00%) Front Office
1 4 (100.00%) Minerva
1 4 (100.00%) Sentinel
1 4 (100.00%) thinkFolio
2 3 (75.00%) User Acceptance Testing
2 3 (75.00%) Agile Software Development
2 3 (75.00%) LatentZero
2 3 (75.00%) Derivative
2 3 (75.00%) SQL
3 2 (50.00%) Foreign Exchange (FX)
3 2 (50.00%) Bloomberg
3 2 (50.00%) Change Management
3 2 (50.00%) Finance
3 2 (50.00%) Asset Management
3 2 (50.00%) Investment Management
3 2 (50.00%) Portfolio Management
4 1 (25.00%) Markit EDM
4 1 (25.00%) Credit Derivative
4 1 (25.00%) Fund Management
4 1 (25.00%) Fixed Income
4 1 (25.00%) Global One
4 1 (25.00%) Information Security
4 1 (25.00%) Management Information System
4 1 (25.00%) Charles River
4 1 (25.00%) Control-M
4 1 (25.00%) XML
4 1 (25.00%) OO
4 1 (25.00%) Fidessa

Tesseract
Top Related IT Skills by Category

For the 6 months to 2 March 2015, 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 4 (100.00%) Minerva
1 4 (100.00%) Sentinel
1 4 (100.00%) thinkFolio
2 3 (75.00%) LatentZero
3 1 (25.00%) Global One
3 1 (25.00%) Markit EDM
General
1 4 (100.00%) Front Office
2 2 (50.00%) Finance
Job Titles
1 3 (75.00%) Business Analyst
1 3 (75.00%) Analyst
2 1 (25.00%) Applications Support
Libraries, Frameworks & Software Standards
1 1 (25.00%) XML
Miscellaneous
1 3 (75.00%) Derivative
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) Management Information System
3 1 (25.00%) Fixed Income
3 1 (25.00%) Credit Derivative
Processes & Methodologies
1 3 (75.00%) Agile Software Development
1 3 (75.00%) User Acceptance Testing
2 2 (50.00%) Investment Management
2 2 (50.00%) Portfolio Management
2 2 (50.00%) Asset Management
2 2 (50.00%) Change Management
3 1 (25.00%) Information Security
3 1 (25.00%) Fund Management
3 1 (25.00%) OO
Programming Languages
1 3 (75.00%) SQL
Systems Management
1 1 (25.00%) Control-M
Vendors
1 2 (50.00%) Bloomberg
2 1 (25.00%) Charles River
2 1 (25.00%) Fidessa
City, London
Harvey Nash plc
Rate: £650 - £750 per day
Posted: 6 days ago