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 30 October 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
30 Oct 2014
Same period 2013 Same period 2012
thinkFolio
Rank 547 526 522
Rank change year-on-year
-21 -4
Contract jobs citing thinkFolio 54 44 52
As % of all contract IT jobs located in the UK 0.093% 0.085% 0.096%
As % of the Vendors category 0.21% 0.18% 0.20%
Number of daily rates quoted 44 38 40
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £500 £525
Average daily rate % change year-on-year
+10.00% -4.76%
90% offered a daily rate of more than £429 £474 £350
10% offered a daily rate of more than £650 £633 £600
UK excluding London average daily rate £613 £525 £375
% change year-on-year
+16.66% +40.00%
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
26075 23900 25528
As % of all contract IT jobs located in the UK 44.85% 46.25% 47.36%
Number of daily rates quoted 15314 13568 13213
Average daily rate £388 £388 £380
Average daily rate % change year-on-year
- +1.97%
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 1246 1152 1307
Average hourly rate £17.50 £17.50 £19.00
Average hourly rate % change year-on-year
- -7.89%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £40.00 £37.50 £40.00
UK excluding London average hourly rate £17.50 £18.00 £19.00
% change year-on-year
-2.77% -5.26%

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 30 October 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 30 October 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 +12 52 £550 +10.00% 9
England -22 52 £550 +7.31% 9
City of London +22 23 £575 +9.52% 2
Scotland +2 2 £613 +22.50%
Edinburgh -4 2 £613 +22.50%

thinkFolio
Top 30 Related IT Skills

For the 6 months to 30 October 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 57 (66.28%) Front Office
2 53 (61.63%) Asset Management
3 47 (54.65%) Investment Management
4 45 (52.33%) SQL
5 34 (39.53%) Charles River
6 25 (29.07%) Fixed Income
7 21 (24.42%) Finance
7 21 (24.42%) Markit EDM
8 18 (20.93%) Business Analysis
9 16 (18.60%) Derivative
10 13 (15.12%) Equities
11 12 (13.95%) Fund Management
11 12 (13.95%) Bloomberg
12 11 (12.79%) Change Management
12 11 (12.79%) Agile Software Development
12 11 (12.79%) Portfolio Management
13 9 (10.47%) Project Management
14 8 (9.30%) LatentZero
14 8 (9.30%) Financial Modelling
15 6 (6.98%) Banking
15 6 (6.98%) Back Office
15 6 (6.98%) GAP Analysis
15 6 (6.98%) VBA
15 6 (6.98%) SQL Server
15 6 (6.98%) Foreign Exchange (FX)
16 5 (5.81%) Control-M
16 5 (5.81%) Stakeholder Management
16 5 (5.81%) Front Arena
16 5 (5.81%) FIX Protocol
16 5 (5.81%) Data Analysis

thinkFolio
Top Related IT Skills by Category

For the 6 months to 30 October 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.

Application Platforms
1 1 (1.16%) SharePoint
1 1 (1.16%) Lync
Applications
1 1 (1.16%) MS Project
1 1 (1.16%) MS Excel
1 1 (1.16%) MS PowerPoint
Business Applications
1 21 (24.42%) Markit EDM
2 8 (9.30%) LatentZero
3 5 (5.81%) Front Arena
4 4 (4.65%) LongView
5 3 (3.49%) Sentinel
6 1 (1.16%) Global One
6 1 (1.16%) Tesseract
6 1 (1.16%) Minerva
6 1 (1.16%) Eagle PACE
Communications & Networking
1 1 (1.16%) ADSL
1 1 (1.16%) FTP
1 1 (1.16%) TCP/IP
1 1 (1.16%) VPN
Database & Business Intelligence
1 6 (6.98%) SQL Server
2 4 (4.65%) SQL Server 2008
3 3 (3.49%) SQL Server Reporting Services
4 2 (2.33%) Crystal Reports
5 1 (1.16%) RDBMS
5 1 (1.16%) MS Access
5 1 (1.16%) Relational Database
General
1 57 (66.28%) Front Office
2 21 (24.42%) Finance
3 6 (6.98%) Banking
3 6 (6.98%) Back Office
4 1 (1.16%) Retail
4 1 (1.16%) Marketing
4 1 (1.16%) Investment Banking
Job Titles
1 62 (72.09%) Analyst
2 31 (36.05%) Business Analyst
3 28 (32.56%) Support Analyst
4 18 (20.93%) Applications Support
5 14 (16.28%) Project Manager
6 11 (12.79%) Applications Support Analyst
7 5 (5.81%) Senior Business Analyst
7 5 (5.81%) Senior Analyst
8 4 (4.65%) Systems Analyst
8 4 (4.65%) Consultant
9 3 (3.49%) Senior Manager
9 3 (3.49%) Test Analyst
9 3 (3.49%) Senior Project Manager
10 2 (2.33%) Systems Test Analyst
10 2 (2.33%) Systems Support Analyst
10 2 (2.33%) Systems Support
11 1 (1.16%) Technical Consultant
11 1 (1.16%) Service Analyst
11 1 (1.16%) 2nd Line Support
11 1 (1.16%) Support Consultant
Libraries, Frameworks & Software Standards
1 5 (5.81%) FIX Protocol
2 1 (1.16%) FIXML
2 1 (1.16%) WebSphere MQ
2 1 (1.16%) XML
Miscellaneous
1 25 (29.07%) Fixed Income
2 16 (18.60%) Derivative
3 13 (15.12%) Equities
4 6 (6.98%) Foreign Exchange (FX)
5 3 (3.49%) Management Information System
5 3 (3.49%) Hedge funds
5 3 (3.49%) Analytical Skills
6 2 (2.33%) PMI
7 1 (1.16%) Blackberry
7 1 (1.16%) Credit Derivative
7 1 (1.16%) iPhone
7 1 (1.16%) Smartphone
7 1 (1.16%) SecurID
7 1 (1.16%) iPad
Operating Systems
1 3 (3.49%) Windows
2 1 (1.16%) UNIX
2 1 (1.16%) Windows XP
2 1 (1.16%) Windows 7
2 1 (1.16%) Android
2 1 (1.16%) Windows 8
Processes & Methodologies
1 53 (61.63%) Asset Management
2 47 (54.65%) Investment Management
3 18 (20.93%) Business Analysis
4 12 (13.95%) Fund Management
5 11 (12.79%) Change Management
5 11 (12.79%) Agile Software Development
5 11 (12.79%) Portfolio Management
6 9 (10.47%) Project Management
7 8 (9.30%) Financial Modelling
8 6 (6.98%) GAP Analysis
9 5 (5.81%) Stakeholder Management
9 5 (5.81%) Data Analysis
10 4 (4.65%) User Acceptance Testing
10 4 (4.65%) Risk Management
11 3 (3.49%) Migration
11 3 (3.49%) Automated Testing
11 3 (3.49%) Analytics
11 3 (3.49%) Incident Management
12 2 (2.33%) Enterprise Data Management
12 2 (2.33%) Technical Architecture
Programming Languages
1 45 (52.33%) SQL
2 6 (6.98%) VBA
3 3 (3.49%) Java
3 3 (3.49%) T-SQL
4 2 (2.33%) VB
Qualifications
1 2 (2.33%) PMI Certification
2 1 (1.16%) Degree
Quality Assurance & Compliance
1 2 (2.33%) UCITS
1 2 (2.33%) ISO/IEC 20000
2 1 (1.16%) ISO 9001
2 1 (1.16%) Data Quality
2 1 (1.16%) EMIR
2 1 (1.16%) Dodd-Frank
System Software
1 1 (1.16%) Active Directory
1 1 (1.16%) XenApp
Systems Management
1 5 (5.81%) Control-M
2 2 (2.33%) HP Quality Center
3 1 (1.16%) Foglight
Vendors
1 34 (39.53%) Charles River
2 12 (13.95%) Bloomberg
3 2 (2.33%) BI-SAM
3 2 (2.33%) SimCorp
3 2 (2.33%) Wall Street Systems
3 2 (2.33%) Misys
3 2 (2.33%) Fidessa
3 2 (2.33%) Salesforce.com
3 2 (2.33%) Algorithmics
4 1 (1.16%) Reuters
4 1 (1.16%) StatPro
4 1 (1.16%) Microsoft
4 1 (1.16%) HP
4 1 (1.16%) Citrix
4 1 (1.16%) Informatica
4 1 (1.16%) CheckPoint
4 1 (1.16%) Oracle
4 1 (1.16%) Blue Coat
4 1 (1.16%) FactSet
London
McGregor Boyall
Rate: £550 - £675 per day
Posted: 2 days ago
London
Huxley Associates
Rate: £200 per day + competitive
Posted: 3 days ago
London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £450 - £525 per day
Posted: 9 days ago
London
Real Staffing
Rate: £450 - £650 per day + competitive
Posted: 15 days ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £700.00 per day
Posted: 27 days ago