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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
Markit thinkFolio
Rank 607 561 563
Rank change year-on-year
-46 +2
Contract jobs citing thinkFolio 19 51 25
As % of all contract IT jobs located in the UK 0.037% 0.098% 0.050%
As % of the Business Applications category 0.46% 1.06% 0.53%
Number of daily rates quoted 12 43 15
Average daily rate £644 £550 £550
Average daily rate % change year-on-year
+17.04% -
90% offered a daily rate of more than £625 £425 £450
10% offered a daily rate of more than £700 £650 £630
UK excluding London average daily rate £738 - -
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
4095 4813 4737
As % of all contract IT jobs located in the UK 7.96% 9.29% 9.53%
Number of daily rates quoted 2406 2729 2437
Average daily rate £438 £446 £438
Average daily rate % change year-on-year
-1.96% +2.00%
90% offered a daily rate of more than £300 £300 £279
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 63 38 59
Average hourly rate £39.14 £30.00 £27.53
Average hourly rate % change year-on-year
+30.45% +8.97%
90% offered a hourly rate of more than £12.75 £13.00 £15.15
10% offered a hourly rate of more than £69.07 £59.57 £59.90
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

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 11 February 2016.

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 7 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 11 February 2016. 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 -40 12 £650 +18.18% 10
London -31 11 £644 +17.04% 10
Scotland +1 7 £625 - 1
Edinburgh - 7 £625 - 1
City of London +26 2 £631 +26.25% 7
Surrey - 1 £850 -
South East - 1 £850 -

thinkFolio
Top 30 Related IT Skills

For the 6 months to 11 February 2016, 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 36 (72.00%) Investment Management
2 32 (64.00%) Asset Management
3 22 (44.00%) Front Office
4 20 (40.00%) Finance
5 19 (38.00%) Fixed Income
6 16 (32.00%) Markit EDM
7 13 (26.00%) Bloomberg
8 11 (22.00%) Foreign Exchange (FX)
9 10 (20.00%) Portfolio Management
10 8 (16.00%) User Acceptance Testing
10 8 (16.00%) Degree
10 8 (16.00%) SQL Server
10 8 (16.00%) Charles River
10 8 (16.00%) Equities
11 7 (14.00%) C#
11 7 (14.00%) .NET
12 6 (12.00%) Unit4 Business World
12 6 (12.00%) SQL
12 6 (12.00%) Fund Management
12 6 (12.00%) LatentZero
12 6 (12.00%) Hedge funds
13 5 (10.00%) Analytical Skills
13 5 (10.00%) Derivative
13 5 (10.00%) Change Management
13 5 (10.00%) Risk Management
14 4 (8.00%) Back Office
14 4 (8.00%) Systems Analysis
14 4 (8.00%) FIX Protocol
14 4 (8.00%) Product Management
14 4 (8.00%) Change Control

thinkFolio
Top Related IT Skills by Category

For the 6 months to 11 February 2016, 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 (2.00%) WebSphere
Business Applications
1 16 (32.00%) Markit EDM
2 6 (12.00%) LatentZero
2 6 (12.00%) Unit4 Business World
3 3 (6.00%) Eikon
4 2 (4.00%) Sentinel
5 1 (2.00%) Eagle PACE
Database & Business Intelligence
1 8 (16.00%) SQL Server
2 3 (6.00%) SQL Server Integration Services
3 2 (4.00%) RDBMS
3 2 (4.00%) Relational Database
4 1 (2.00%) Data Warehouse
4 1 (2.00%) SQL Server Reporting Services
General
1 22 (44.00%) Front Office
2 20 (40.00%) Finance
3 4 (8.00%) Back Office
Job Titles
1 37 (74.00%) Analyst
2 28 (56.00%) Business Analyst
3 18 (36.00%) thinkFolio Analyst
4 17 (34.00%) thinkFolio Business Analyst
5 8 (16.00%) Senior Analyst
6 6 (12.00%) Architect
6 6 (12.00%) Solutions Architect
6 6 (12.00%) Systems Analyst
7 5 (10.00%) Senior Systems Analyst
7 5 (10.00%) Support Analyst
8 4 (8.00%) Asset Management Analyst
8 4 (8.00%) Investment Management Business Analyst
9 3 (6.00%) Applications Support
9 3 (6.00%) Finance Systems Analyst
9 3 (6.00%) Financial Analyst
9 3 (6.00%) Senior Financial Analyst
9 3 (6.00%) Senior IT Support
9 3 (6.00%) Senior Programme Analyst
9 3 (6.00%) Senior Support Analyst
9 3 (6.00%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 7 (14.00%) .NET
2 4 (8.00%) FIX Protocol
3 2 (4.00%) XML
3 2 (4.00%) XSLT
4 1 (2.00%) .NET Framework
4 1 (2.00%) IBM Integration Bus
4 1 (2.00%) WebSphere MQ
Miscellaneous
1 19 (38.00%) Fixed Income
2 11 (22.00%) Foreign Exchange (FX)
3 8 (16.00%) Equities
4 6 (12.00%) Hedge funds
5 5 (10.00%) Analytical Skills
5 5 (10.00%) Derivative
6 3 (6.00%) Reference Data
7 1 (2.00%) Economics
7 1 (2.00%) Mathematics
7 1 (2.00%) Tandem
Processes & Methodologies
1 36 (72.00%) Investment Management
2 32 (64.00%) Asset Management
3 10 (20.00%) Portfolio Management
4 8 (16.00%) User Acceptance Testing
5 6 (12.00%) Fund Management
6 5 (10.00%) Change Management
6 5 (10.00%) Risk Management
7 4 (8.00%) Change Control
7 4 (8.00%) Product Management
7 4 (8.00%) Systems Analysis
8 3 (6.00%) Analytics
8 3 (6.00%) Project Management
9 2 (4.00%) Business Intelligence
9 2 (4.00%) Data Management
9 2 (4.00%) Enterprise Data Management
9 2 (4.00%) Migration
10 1 (2.00%) Business Analysis
10 1 (2.00%) Integration Testing
10 1 (2.00%) System Testing
10 1 (2.00%) Technical Architecture
Programming Languages
1 7 (14.00%) C#
2 6 (12.00%) SQL
3 2 (4.00%) VBA
3 2 (4.00%) VBScript
4 1 (2.00%) VB.NET
Qualifications
1 8 (16.00%) Degree
Quality Assurance & Compliance
1 3 (6.00%) MiFID
2 1 (2.00%) Dodd-Frank
2 1 (2.00%) EMIR
Systems Management
1 1 (2.00%) HP Quality Center
Vendors
1 13 (26.00%) Bloomberg
2 8 (16.00%) Charles River
3 3 (6.00%) BI-SAM
3 3 (6.00%) FactSet
3 3 (6.00%) Fidessa
3 3 (6.00%) Microsoft
4 2 (4.00%) Salesforce.com
4 2 (4.00%) StatPro
4 2 (4.00%) webMethods
5 1 (2.00%) Ab Initio
5 1 (2.00%) HP
5 1 (2.00%) IBM
5 1 (2.00%) Vermilion
City, London
Red10
Rate: £650 - £800 per day
Posted: 2 days ago