The table below looks at the statistics for thinkFolio skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited thinkFolio over the 3 months to 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Markit thinkFolio
Rank 586 574 547
Rank change year-on-year
-12 -27
Contract jobs citing thinkFolio 47 36 40
As % of all contract IT jobs located in the UK 0.080% 0.064% 0.077%
As % of the Business Applications category 1.03% 0.71% 0.87%
Number of daily rates quoted 29 33 34
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £500
Average daily rate % change year-on-year
+9.09% +10.00%
90% offered a daily rate of more than £470 £475 £318
10% offered a daily rate of more than £700 £700 £593
UK excluding London average daily rate £600 - £500
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
4561 5058 4622
As % of all contract IT jobs located in the UK 7.80% 9.05% 8.87%
Number of daily rates quoted 2572 2682 2443
Average daily rate £450 £450 £448
Average daily rate % change year-on-year
- +0.55%
90% offered a daily rate of more than £290 £300 £295
10% offered a daily rate of more than £600 £577 £600
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 55 66 85
Average hourly rate £22.32 £31.50 £17.50
Average hourly rate % change year-on-year
-29.14% +80.00%
90% offered a hourly rate of more than £12.50 £14.00 £11.10
10% offered a hourly rate of more than £52.40 £52.50 £45.00
UK excluding London average hourly rate £19.57 £31.50 £17.93
% change year-on-year
-37.87% +75.65%

thinkFolio
Jobs Demand Trend

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

thinkFolio Jobs Demand Trend in the UK

thinkFolio
Daily Rate Trend

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

thinkFolio Daily Rate Trend in the UK

thinkFolio
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing thinkFolio within the UK over the 3 months to 4 September 2015.

thinkFolio Daily Rate Histogram in the UK

thinkFolio
Hourly Rate Trend

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

thinkFolio Hourly Rate Trend in the UK

thinkFolio
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing thinkFolio within the UK over the 3 months to 4 September 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
England +1 41 £600 +9.09% 11
London +7 36 £596 +8.40% 11
City of London +4 13 £638 +27.50% 6
Scotland - 6 £450 - 2
South East - 3 £600 -
Edinburgh - 3 £450 - 2
Glasgow - 3 - -
Surrey - 3 £600 -
Somerset - 2 - -
South West - 2 - -
Street - 2 - -

thinkFolio
Top 30 Related IT Skills

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing thinkFolio 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 thinkFolio.

1 54 (61.36%) Asset Management
2 42 (47.73%) Front Office
3 38 (43.18%) Charles River
3 38 (43.18%) Investment Management
4 37 (42.05%) Fixed Income
5 33 (37.50%) SQL
6 30 (34.09%) Finance
7 29 (32.95%) LatentZero
8 25 (28.41%) Derivative
9 23 (26.14%) Markit EDM
10 21 (23.86%) Portfolio Management
11 19 (21.59%) Equities
12 14 (15.91%) Bloomberg
13 13 (14.77%) Back Office
14 12 (13.64%) Foreign Exchange (FX)
14 12 (13.64%) Analytical Skills
15 11 (12.50%) User Acceptance Testing
16 10 (11.36%) Fund Management
16 10 (11.36%) Eagle PACE
16 10 (11.36%) SimCorp
16 10 (11.36%) SimCorp Dimension
16 10 (11.36%) Fidessa
16 10 (11.36%) Oracle
17 9 (10.23%) Data Management
18 8 (9.09%) Agile Software Development
18 8 (9.09%) Data Analysis
18 8 (9.09%) SQL Server
18 8 (9.09%) UNIX
18 8 (9.09%) Murex
19 7 (7.95%) Project Management

thinkFolio
Top Related IT Skills by Category

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing thinkFolio 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 thinkFolio. Up to 20 skills are shown per category.

Application Platforms
1 1 (1.14%) SharePoint
1 1 (1.14%) Oracle Workflow
1 1 (1.14%) WebSphere
Applications
1 2 (2.27%) MS Excel
Business Applications
1 29 (32.95%) LatentZero
2 23 (26.14%) Markit EDM
3 10 (11.36%) SimCorp Dimension
3 10 (11.36%) Eagle PACE
4 5 (5.68%) Eikon
4 5 (5.68%) Sentinel
4 5 (5.68%) Agresso
5 4 (4.55%) Tesseract
5 4 (4.55%) Minerva
5 4 (4.55%) Oracle BPM
6 3 (3.41%) Front Arena
Database & Business Intelligence
1 8 (9.09%) SQL Server
2 4 (4.55%) Data Warehouse
2 4 (4.55%) BusinessObjects
3 1 (1.14%) SQL Server 2008
3 1 (1.14%) Oracle Database
Development Applications
1 1 (1.14%) JIRA
1 1 (1.14%) SQL Server Management Studio (SSMS)
General
1 42 (47.73%) Front Office
2 30 (34.09%) Finance
3 13 (14.77%) Back Office
4 7 (7.95%) Banking
5 5 (5.68%) Investment Banking
6 4 (4.55%) Legal
7 2 (2.27%) Financial Institution
8 1 (1.14%) Manufacturing
8 1 (1.14%) Advertising
Job Titles
1 54 (61.36%) Analyst
2 23 (26.14%) Business Analyst
3 17 (19.32%) Applications Support
4 16 (18.18%) Support Analyst
5 9 (10.23%) Applications Support Analyst
6 7 (7.95%) Senior Analyst
7 6 (6.82%) Senior Business Analyst
7 6 (6.82%) Project Manager
8 5 (5.68%) Test Analyst
9 4 (4.55%) Test Manager
9 4 (4.55%) Architect
9 4 (4.55%) Solutions Architect
10 3 (3.41%) Environment Manager
10 3 (3.41%) Developer
10 3 (3.41%) Testing Analyst
11 2 (2.27%) Test Environment Manager
11 2 (2.27%) Developer Analyst
11 2 (2.27%) Business Manager
11 2 (2.27%) IT Business Analyst
11 2 (2.27%) Technical Analyst
Libraries, Frameworks & Software Standards
1 3 (3.41%) FIX Protocol
2 1 (1.14%) WebSphere Message Broker
2 1 (1.14%) WebSphere MQ
Miscellaneous
1 37 (42.05%) Fixed Income
2 25 (28.41%) Derivative
3 19 (21.59%) Equities
4 12 (13.64%) Foreign Exchange (FX)
4 12 (13.64%) Analytical Skills
5 5 (5.68%) Reference Data
6 3 (3.41%) Swaptions
7 2 (2.27%) Management Information System
8 1 (1.14%) Data Integration
8 1 (1.14%) Hedge funds
8 1 (1.14%) Data Structures
Operating Systems
1 8 (9.09%) UNIX
2 3 (3.41%) Windows
2 3 (3.41%) Linux
Processes & Methodologies
1 54 (61.36%) Asset Management
2 38 (43.18%) Investment Management
3 21 (23.86%) Portfolio Management
4 11 (12.50%) User Acceptance Testing
5 10 (11.36%) Fund Management
6 9 (10.23%) Data Management
7 8 (9.09%) Agile Software Development
7 8 (9.09%) Data Analysis
8 7 (7.95%) Project Management
9 6 (6.82%) Analytics
10 5 (5.68%) Change Management
10 5 (5.68%) BPR
11 4 (4.55%) Service Delivery
11 4 (4.55%) Workflow
11 4 (4.55%) Stakeholder Management
11 4 (4.55%) Wealth Management
11 4 (4.55%) Test Management
11 4 (4.55%) Test Automation
11 4 (4.55%) Fund Accounting
12 3 (3.41%) Root Cause Analysis
Programming Languages
1 33 (37.50%) SQL
2 3 (3.41%) Java
2 3 (3.41%) Perl
3 1 (1.14%) PL/SQL
3 1 (1.14%) C++
Qualifications
1 5 (5.68%) CFA
Quality Assurance & Compliance
1 2 (2.27%) QA
Systems Management
1 4 (4.55%) Control-M
1 4 (4.55%) HP Quality Center
Vendors
1 38 (43.18%) Charles River
2 14 (15.91%) Bloomberg
3 10 (11.36%) SimCorp
3 10 (11.36%) Oracle
3 10 (11.36%) Fidessa
4 8 (9.09%) Murex
5 5 (5.68%) Sybase
5 5 (5.68%) Sophis
6 4 (4.55%) Metastorm
6 4 (4.55%) HP
6 4 (4.55%) Salesforce.com
7 2 (2.27%) Calypso
7 2 (2.27%) Tradeweb
7 2 (2.27%) MarketAxess
8 1 (1.14%) BI-SAM
8 1 (1.14%) Vermilion
8 1 (1.14%) IBM
8 1 (1.14%) Microsoft
London
Spencer Rose
Rate: £650 per day
Posted: 14 hours ago
London
Real Staffing
Rate: £625 per day + competitive
Posted: 11 days ago
Edinburgh
Cathcart Associates
Rate: £350 - £450 per day
Posted: 16 days ago