The first table below looks at the demand 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 23 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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
23 Jul 2014
Same period 2013 Same period 2012
thinkFolio
Rank 551 531 508
Rank change year-on-year
-20 -23
Contract jobs citing thinkFolio 29 38 79
As % of all contract IT jobs located in the UK 0.054% 0.075% 0.14%
As % of the Vendors category 0.12% 0.16% 0.29%
Number of daily rates quoted 29 26 60
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £475 £513
Average daily rate % change year-on-year
+26.31% -7.45%
90% offered a daily rate of more than £475 £315 £450
10% offered a daily rate of more than £700 £588 £603
UK excluding London average daily rate - £438 £525
% change year-on-year
- -16.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24568 24017 27034
As % of all contract IT jobs located in the UK 45.63% 47.11% 46.68%
Number of daily rates quoted 13640 13020 13682
Average daily rate £380 £388 £375
Average daily rate % change year-on-year
-1.93% +3.33%
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 1070 1195 1387
Average hourly rate £17.50 £20.00 £19.50
Average hourly rate % change year-on-year
-12.50% +2.56%
90% offered a hourly rate of more than £11.00 £11.15 £11.50
10% offered a hourly rate of more than £37.50 £40.57 £40.00
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%

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 23 July 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 23 July 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 +1 29 £600 +23.07% 13
England -15 29 £600 +23.07% 13
City of London +14 9 £500 +5.26% 10
Scotland - - - - 4
Edinburgh - - - - 4

thinkFolio
Top 30 Related IT Skills

For the 6 months to 23 July 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 44 (70.97%) Asset Management
2 37 (59.68%) Investment Management
3 36 (58.06%) Front Office
4 34 (54.84%) Fixed Income
5 31 (50.00%) Charles River
6 26 (41.94%) SQL
7 25 (40.32%) LatentZero
8 18 (29.03%) Derivative
9 17 (27.42%) Fund Management
10 13 (20.97%) Business Analysis
11 10 (16.13%) Markit EDM
12 9 (14.52%) Bloomberg
13 8 (12.90%) Equities
13 8 (12.90%) Finance
14 7 (11.29%) Project Management
14 7 (11.29%) Portfolio Management
14 7 (11.29%) Banking
15 6 (9.68%) Fidessa
16 5 (8.06%) SQL Server
16 5 (8.06%) Reuters
16 5 (8.06%) Risk Management
16 5 (8.06%) Front Arena
16 5 (8.06%) Investment Banking
16 5 (8.06%) User Acceptance Testing
17 4 (6.45%) SimCorp
17 4 (6.45%) Sophis
17 4 (6.45%) Minerva
17 4 (6.45%) Back Office
17 4 (6.45%) LongView
17 4 (6.45%) Foreign Exchange (FX)

thinkFolio
Top Related IT Skills by Category

For the 6 months to 23 July 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 2 (3.23%) MS Excel
Business Applications
1 25 (40.32%) LatentZero
2 10 (16.13%) Markit EDM
3 5 (8.06%) Front Arena
4 4 (6.45%) Minerva
4 4 (6.45%) LongView
5 3 (4.84%) Sentinel
5 3 (4.84%) Eagle PACE
6 2 (3.23%) Tesseract
7 1 (1.61%) SimCorp Dimension
7 1 (1.61%) HiPortfolio
7 1 (1.61%) Capstone
Database & Business Intelligence
1 5 (8.06%) SQL Server
2 1 (1.61%) Crystal Reports
2 1 (1.61%) SQL Server 2005
2 1 (1.61%) SQL Server Integration Services
2 1 (1.61%) SQL Server 2008
General
1 36 (58.06%) Front Office
2 8 (12.90%) Finance
3 7 (11.29%) Banking
4 5 (8.06%) Investment Banking
5 4 (6.45%) Back Office
6 1 (1.61%) Retail
6 1 (1.61%) Marketing
Job Titles
1 41 (66.13%) Analyst
2 22 (35.48%) Business Analyst
3 15 (24.19%) Project Manager
4 9 (14.52%) Support Analyst
4 9 (14.52%) Applications Support
5 7 (11.29%) Test Analyst
6 5 (8.06%) Senior Analyst
6 5 (8.06%) Applications Support Analyst
7 4 (6.45%) Senior Business Analyst
8 3 (4.84%) Senior Manager
8 3 (4.84%) Developer
8 3 (4.84%) Senior Project Manager
9 2 (3.23%) C# Developer
9 2 (3.23%) Fixed Income Business Analyst
9 2 (3.23%) Consultant
10 1 (1.61%) Applications Specialist
10 1 (1.61%) Analyst Programmer
10 1 (1.61%) Programmer
10 1 (1.61%) Test Manager
10 1 (1.61%) Data Analyst
Libraries, Frameworks & Software Standards
1 2 (3.23%) .NET
1 2 (3.23%) ASP.NET
2 1 (1.61%) WebSphere MQ
2 1 (1.61%) FIXML
2 1 (1.61%) WinForms
2 1 (1.61%) WCF
2 1 (1.61%) WPF
Miscellaneous
1 34 (54.84%) Fixed Income
2 18 (29.03%) Derivative
3 8 (12.90%) Equities
4 4 (6.45%) Foreign Exchange (FX)
5 2 (3.23%) PMI
5 2 (3.23%) Interest Rate Derivative
5 2 (3.23%) Swaptions
5 2 (3.23%) Hedge funds
6 1 (1.61%) Reference Data
Operating Systems
1 3 (4.84%) Windows
2 2 (3.23%) UNIX
Processes & Methodologies
1 44 (70.97%) Asset Management
2 37 (59.68%) Investment Management
3 17 (27.42%) Fund Management
4 13 (20.97%) Business Analysis
5 7 (11.29%) Project Management
5 7 (11.29%) Portfolio Management
6 5 (8.06%) User Acceptance Testing
6 5 (8.06%) Risk Management
7 3 (4.84%) Migration
8 2 (3.23%) PRINCE
8 2 (3.23%) GAP Analysis
8 2 (3.23%) PRINCE2
8 2 (3.23%) Software Testing
8 2 (3.23%) Data Analysis
8 2 (3.23%) Test Scripting
8 2 (3.23%) Analytics
9 1 (1.61%) Risk Analytics
9 1 (1.61%) Manual Testing
9 1 (1.61%) Data Migration
9 1 (1.61%) Automated Testing
Programming Languages
1 26 (41.94%) SQL
2 3 (4.84%) C#
2 3 (4.84%) VBA
3 1 (1.61%) VB
Qualifications
1 2 (3.23%) PMI Certification
Quality Assurance & Compliance
1 1 (1.61%) QA
1 1 (1.61%) ISO/IEC 20000
1 1 (1.61%) Data Quality
1 1 (1.61%) EMIR
Systems Management
1 2 (3.23%) Control-M
Vendors
1 31 (50.00%) Charles River
2 9 (14.52%) Bloomberg
3 6 (9.68%) Fidessa
4 5 (8.06%) Reuters
5 4 (6.45%) Sophis
5 4 (6.45%) SimCorp
6 3 (4.84%) Murex
7 2 (3.23%) Misys
7 2 (3.23%) Oracle
7 2 (3.23%) Wall Street Systems
7 2 (3.23%) RIMES
7 2 (3.23%) Algorithmics
8 1 (1.61%) Microsoft
8 1 (1.61%) Calypso
8 1 (1.61%) Informatica
8 1 (1.61%) Salesforce.com
London
Hays IT - Uk Posting account
Rate: £500 - £550 per day
Posted: 6 hours ago
City, London
ReThink Recruitment
Rate: £450 - £525 per day
Posted: 7 hours ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £650.00 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £550.00 - £650.00 per day
Posted: 12 days ago
City of London
Real Staffing
Rate: £400 - £600 per day
Posted: 15 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 16 days ago
City of London
Orgtel
Rate: £400 - £500 per day
Posted: 27 days ago