The table below looks at the statistics for knowledge and experience of thinkFolio products and/or services 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 29 August 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within thinkFolio Limited.

Location
3 months to
29 Aug 2014
Same period 2013 Same period 2012
thinkFolio
Rank 565 540 509
Rank change year-on-year
-25 -31
Contract jobs citing thinkFolio 41 39 82
As % of all contract IT jobs located in the UK 0.072% 0.074% 0.14%
As % of the Vendors category 0.16% 0.16% 0.30%
Number of daily rates quoted 38 32 65
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £475 £525
Average daily rate % change year-on-year
+21.05% -9.52%
90% offered a daily rate of more than £475 £316 £433
10% offered a daily rate of more than £700 £598 £600
UK excluding London average daily rate - £500 £525
% change year-on-year
- -4.76%
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
26168 24713 26939
As % of all contract IT jobs located in the UK 46.27% 46.89% 46.55%
Number of daily rates quoted 14687 13698 13693
Average daily rate £388 £385 £375
Average daily rate % change year-on-year
+0.64% +2.66%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1117 1107 1353
Average hourly rate £19.00 £19.48 £19.50
Average hourly rate % change year-on-year
-2.46% -0.10%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £41.00 £41.00 £40.00
UK excluding London average hourly rate £18.00 £19.30 £19.00
% change year-on-year
-6.73% +1.57%

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 Vendors 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 29 August 2014.

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 5 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 29 August 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
London +26 41 £575 +21.05% 14
England -11 41 £575 +17.94% 14
City of London +15 18 £500 - 9
Scotland - - - -
Edinburgh - - - -

thinkFolio
Top 30 Related IT Skills

For the 6 months to 29 August 2014, 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 48 (67.61%) Front Office
2 44 (61.97%) Asset Management
3 42 (59.15%) Investment Management
4 35 (49.30%) Charles River
5 33 (46.48%) SQL
6 25 (35.21%) Fixed Income
7 23 (32.39%) LatentZero
8 16 (22.54%) Markit EDM
9 15 (21.13%) Derivative
10 14 (19.72%) Fund Management
11 13 (18.31%) Business Analysis
12 12 (16.90%) Bloomberg
12 12 (16.90%) Finance
13 7 (9.86%) Banking
13 7 (9.86%) Portfolio Management
14 6 (8.45%) Equities
14 6 (8.45%) Project Management
15 5 (7.04%) Reuters
15 5 (7.04%) Back Office
15 5 (7.04%) Front Arena
16 4 (5.63%) User Acceptance Testing
16 4 (5.63%) Data Analysis
16 4 (5.63%) Financial Modelling
16 4 (5.63%) Risk Management
16 4 (5.63%) LongView
16 4 (5.63%) SQL Server
16 4 (5.63%) Fidessa
17 3 (4.23%) Murex
17 3 (4.23%) GAP Analysis
17 3 (4.23%) Migration

thinkFolio
Top Related IT Skills by Category

For the 6 months to 29 August 2014, 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.

Applications
1 1 (1.41%) MS Excel
Business Applications
1 23 (32.39%) LatentZero
2 16 (22.54%) Markit EDM
3 5 (7.04%) Front Arena
4 4 (5.63%) LongView
5 3 (4.23%) Sentinel
6 2 (2.82%) Tesseract
6 2 (2.82%) Minerva
6 2 (2.82%) Eagle PACE
7 1 (1.41%) SimCorp Dimension
Communications & Networking
1 1 (1.41%) FTP
Database & Business Intelligence
1 4 (5.63%) SQL Server
2 3 (4.23%) SQL Server 2008
3 2 (2.82%) SQL Server Reporting Services
4 1 (1.41%) Crystal Reports
4 1 (1.41%) RDBMS
4 1 (1.41%) Relational Database
General
1 48 (67.61%) Front Office
2 12 (16.90%) Finance
3 7 (9.86%) Banking
4 5 (7.04%) Back Office
5 3 (4.23%) Investment Banking
6 1 (1.41%) Retail
6 1 (1.41%) Marketing
Job Titles
1 51 (71.83%) Analyst
2 26 (36.62%) Business Analyst
3 17 (23.94%) Support Analyst
4 16 (22.54%) Applications Support
5 13 (18.31%) Project Manager
6 10 (14.08%) Applications Support Analyst
7 7 (9.86%) Test Analyst
8 6 (8.45%) Senior Analyst
9 5 (7.04%) Senior Business Analyst
10 4 (5.63%) Systems Analyst
11 3 (4.23%) Senior Manager
11 3 (4.23%) Senior Project Manager
12 2 (2.82%) Systems Test Analyst
12 2 (2.82%) Fixed Income Business Analyst
12 2 (2.82%) Systems Support
12 2 (2.82%) Consultant
12 2 (2.82%) Systems Support Analyst
13 1 (1.41%) Tester
13 1 (1.41%) Implementation Analyst
13 1 (1.41%) Senior Test Analyst
Libraries, Frameworks & Software Standards
1 1 (1.41%) FIXML
1 1 (1.41%) WebSphere MQ
1 1 (1.41%) FIX Protocol
Miscellaneous
1 25 (35.21%) Fixed Income
2 15 (21.13%) Derivative
3 6 (8.45%) Equities
4 2 (2.82%) Swaptions
4 2 (2.82%) Hedge funds
4 2 (2.82%) Foreign Exchange (FX)
4 2 (2.82%) PMI
5 1 (1.41%) Management Information System
5 1 (1.41%) Reference Data
Operating Systems
1 1 (1.41%) UNIX
1 1 (1.41%) Windows
Processes & Methodologies
1 44 (61.97%) Asset Management
2 42 (59.15%) Investment Management
3 14 (19.72%) Fund Management
4 13 (18.31%) Business Analysis
5 7 (9.86%) Portfolio Management
6 6 (8.45%) Project Management
7 4 (5.63%) User Acceptance Testing
7 4 (5.63%) Data Analysis
7 4 (5.63%) Financial Modelling
7 4 (5.63%) Risk Management
8 3 (4.23%) GAP Analysis
8 3 (4.23%) Migration
9 2 (2.82%) Test Scripting
9 2 (2.82%) Software Testing
9 2 (2.82%) Incident Management
9 2 (2.82%) Data Management
9 2 (2.82%) Change Management
9 2 (2.82%) Regression Testing
9 2 (2.82%) ETL
9 2 (2.82%) Business Intelligence
Programming Languages
1 33 (46.48%) SQL
2 2 (2.82%) VBA
2 2 (2.82%) T-SQL
3 1 (1.41%) VB
Qualifications
1 2 (2.82%) PMI Certification
2 1 (1.41%) Degree
Quality Assurance & Compliance
1 2 (2.82%) EMIR
2 1 (1.41%) Dodd-Frank
2 1 (1.41%) Data Quality
2 1 (1.41%) ISO/IEC 20000
Systems Management
1 1 (1.41%) Control-M
Vendors
1 35 (49.30%) Charles River
2 12 (16.90%) Bloomberg
3 5 (7.04%) Reuters
4 4 (5.63%) Fidessa
5 3 (4.23%) Murex
5 3 (4.23%) SimCorp
6 2 (2.82%) Sophis
6 2 (2.82%) RIMES
6 2 (2.82%) Wall Street Systems
6 2 (2.82%) BI-SAM
6 2 (2.82%) Misys
6 2 (2.82%) Algorithmics
7 1 (1.41%) Informatica
7 1 (1.41%) Salesforce.com
7 1 (1.41%) Calypso
City, London
Red10
Rate: £450 - £550 per day
Posted: 3 days ago
City, London
PAW Associates
Rate: Unspecified £Good Market Rates
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 10 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 11 days ago
City of London
Huxley Associates
Rate: £550 - £650 per day
Posted: 13 days ago