The table below looks at the statistics for knowledge and experience of Vermilion products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Vermilion over the 3 months to 26 June 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Vermilion Software.

3 months to
26 Jun 2016
Same period 2015 Same period 2014
Vermilion
Rank 631 634 619
Rank change year-on-year
+3 -15
Contract jobs citing Vermilion 12 7 4
As % of all contract IT jobs located in the UK 0.023% 0.013% 0.007%
As % of the Vendors category 0.050% 0.028% 0.017%
Number of daily rates quoted 5 7 2
Median daily rate £625 £575 £700
Median daily rate % change year-on-year
+8.69% -17.85%
UK excluding London median daily rate - £500 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
23822 24870 24146
As % of all contract IT jobs located in the UK 44.88% 44.48% 44.76%
Number of daily rates quoted 14676 14571 13634
Median daily rate £400 £390 £380
Median daily rate % change year-on-year
+2.56% +2.63%
90% offered a daily rate of more than £250 £225 £220
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 813 1114 1032
Median hourly rate £20.25 £18.88 £17.50
Median hourly rate % change year-on-year
+7.25% +7.88%
90% offered a hourly rate of more than £11.50 £11.17 £10.54
10% offered a hourly rate of more than £42.50 £42.50 £37.50
UK excluding London median hourly rate £20.50 £18.22 £17.00
% change year-on-year
+12.49% +7.19%

Vermilion
Jobs Demand Trend

The demand trend of contract jobs citing Vermilion as a proportion of all IT contracts with a match in the Vendors category.

Vermilion Jobs Demand Trend in the UK

Vermilion
Daily Rate Trend

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

Vermilion Daily Rate Trend in the UK

Vermilion
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Vermilion within the UK over the 3 months to 26 June 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +15 12 £625 +8.69% 2
London +16 6 £625 +8.69% 2
South West - 6 - -
Street - 6 - -
Somerset - 6 - -

Vermilion
Top 30 Related IT Skills

For the 6 months to 26 June 2016, IT contractor jobs citing Vermilion also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Vermilion.

1 13 (56.52%) Investment Management
2 10 (43.48%) Business Analysis
2 10 (43.48%) Business Intelligence
2 10 (43.48%) Finance
3 9 (39.13%) Data Warehouse
3 9 (39.13%) Asset Management
4 8 (34.78%) Windows Vista
4 8 (34.78%) SunGard
4 8 (34.78%) TIBCO
4 8 (34.78%) Hi Portfolio
4 8 (34.78%) Windows
4 8 (34.78%) Time Management
4 8 (34.78%) Spotfire
4 8 (34.78%) Fund Accounting
4 8 (34.78%) IntelliMatch
4 8 (34.78%) People Management
4 8 (34.78%) Translating Business Requirements
5 4 (17.39%) Agile Software Development
5 4 (17.39%) Wealth Management
5 4 (17.39%) Analytical Skills
6 3 (13.04%) Back Office
7 2 (8.70%) Banking
7 2 (8.70%) Cost-Benefit Analysis
7 2 (8.70%) Data Analysis
7 2 (8.70%) Investment Banking
7 2 (8.70%) E-Commerce
7 2 (8.70%) ISO 9000
7 2 (8.70%) Change Management
7 2 (8.70%) GAP Analysis
7 2 (8.70%) SSADM

Vermilion
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 8 (34.78%) Hi Portfolio
1 8 (34.78%) IntelliMatch
2 2 (8.70%) Eagle PACE
Database & Business Intelligence
1 9 (39.13%) Data Warehouse
2 8 (34.78%) Spotfire
General
1 10 (43.48%) Finance
2 3 (13.04%) Back Office
3 2 (8.70%) Banking
3 2 (8.70%) Investment Banking
Job Titles
1 22 (95.65%) Analyst
1 22 (95.65%) Business Analyst
2 11 (47.83%) Report Analyst
3 8 (34.78%) Investment Banking Business Analyst
4 7 (30.43%) Fund Accounting Business Analyst
4 7 (30.43%) Middle Office Analyst
4 7 (30.43%) Middle Office Business Analyst
5 6 (26.09%) Business Systems Analyst
5 6 (26.09%) Implementation Analyst
6 2 (8.70%) Asset Management Analyst
6 2 (8.70%) Data Business Analyst
6 2 (8.70%) Data Warehouse Analyst
6 2 (8.70%) Data Warehouse Business Analyst
6 2 (8.70%) Finance Business Analyst
6 2 (8.70%) Financial Analyst
6 2 (8.70%) Financial Business Analyst
6 2 (8.70%) Financial Services Business Analyst
6 2 (8.70%) Service Analyst
7 1 (4.35%) IT Analyst
7 1 (4.35%) SQL Analyst
Miscellaneous
1 4 (17.39%) Analytical Skills
Operating Systems
1 8 (34.78%) Windows
1 8 (34.78%) Windows Vista
Processes & Methodologies
1 13 (56.52%) Investment Management
2 10 (43.48%) Business Analysis
2 10 (43.48%) Business Intelligence
3 9 (39.13%) Asset Management
4 8 (34.78%) Fund Accounting
4 8 (34.78%) People Management
4 8 (34.78%) Time Management
4 8 (34.78%) Translating Business Requirements
5 4 (17.39%) Agile Software Development
5 4 (17.39%) Wealth Management
6 2 (8.70%) BPR
6 2 (8.70%) Change Management
6 2 (8.70%) Cost-Benefit Analysis
6 2 (8.70%) Data Analysis
6 2 (8.70%) Data Mapping
6 2 (8.70%) DSDM
6 2 (8.70%) E-Commerce
6 2 (8.70%) GAP Analysis
6 2 (8.70%) PRINCE2
6 2 (8.70%) SSADM
Programming Languages
1 2 (8.70%) SQL
2 1 (4.35%) C
Quality Assurance & Compliance
1 2 (8.70%) ISO 9000
Vendors
1 8 (34.78%) SunGard
1 8 (34.78%) TIBCO