Period
to 31 July 2021

The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Bloomberg products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bloomberg over the 6 months to 31 July 2021 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never 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 Bloomberg.

Bloomberg
Central London > City of London
6 months to
31 Jul 2021
Same period 2020 Same period 2019
Rank 141 125 214
Rank change year-on-year -16 +89 -13
Contract jobs citing Bloomberg 25 13 28
As % of all contract jobs advertised in the City of London 0.73% 0.56% 0.43%
As % of the Vendors category 2.10% 1.45% 1.13%
Number of daily rates quoted 18 7 20
10th Percentile £221 £175 £259
25th Percentile £273 £355 £350
Median daily rate (50th Percentile) £340 £585 £425
Median % change year-on-year -41.88% +37.65% -20.93%
75th Percentile £561 £672 £556
90th Percentile £591 £730 £691
Central London median daily rate £340 £585 £400
% change year-on-year -41.88% +46.25% -25.58%
Number of hourly rates quoted 0 1 1
Median hourly rate - £27.18 £22.93
Median % change year-on-year - +18.51% -2.43%
Central London median hourly rate - £27.18 £22.93
% change year-on-year - +18.51% -23.57%

Bloomberg is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in the City of London.

All Vendors
City of London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 1,193 896 2,488
As % of all contract IT jobs advertised in the City of London 34.67% 38.44% 38.08%
Number of daily rates quoted 823 627 1,910
10th Percentile £363 £300 £277
25th Percentile £441 £413 £413
Median daily rate (50th Percentile) £540 £490 £500
Median % change year-on-year +10.20% -2.00% +2.04%
75th Percentile £638 £575 £588
90th Percentile £713 £663 £650
Central London median daily rate £531 £488 £500
% change year-on-year +8.97% -2.50% +0.81%
Number of hourly rates quoted 20 14 56
10th Percentile £8.00 £12.42 £11.25
25th Percentile £12.16 £12.57 £12.70
Median hourly rate £14.63 £21.00 £19.63
Median % change year-on-year -30.36% +7.01% +1.95%
75th Percentile £24.11 £28.23 £22.80
90th Percentile £27.33 £46.54 £44.80
Central London median hourly rate £15.00 £24.00 £20.00
% change year-on-year -37.50% +20.00% +2.56%

Bloomberg
Job Vacancy Trend in the City of London

Job postings citing Bloomberg as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Bloomberg in the City of London

Bloomberg
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Bloomberg in the City of London.

Daily rate trend for Bloomberg in the City of London

Bloomberg
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Bloomberg in the City of London over the 6 months to 31 July 2021.

Daily rate histogram for Bloomberg in the City of London

Bloomberg
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Bloomberg in the City of London.

Hourly rate trend for Bloomberg in the City of London

For the 6 months to 31 July 2021, IT contractor jobs citing Bloomberg also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Bloomberg.

1 13 (52.00%) Finance
2 10 (40.00%) Windows
3 9 (36.00%) Fixed Income
4 8 (32.00%) Eikon
5 7 (28.00%) SDLC
5 7 (28.00%) Refinitiv
5 7 (28.00%) Foreign Exchange (FX)
5 7 (28.00%) Firewall
5 7 (28.00%) Reuters
5 7 (28.00%) Banking
6 6 (24.00%) Front Office
6 6 (24.00%) Refinitiv Enterprise Platform
7 5 (20.00%) Windows Server
7 5 (20.00%) Software Distribution
7 5 (20.00%) Red Hat
7 5 (20.00%) Citrix
7 5 (20.00%) Linux
7 5 (20.00%) Client/Server
7 5 (20.00%) JIRA
7 5 (20.00%) FIX Protocol
7 5 (20.00%) Software Packaging
7 5 (20.00%) Red Hat Enterprise Linux
8 4 (16.00%) SCCM
8 4 (16.00%) ION Trading
8 4 (16.00%) Python
8 4 (16.00%) Microsoft Excel
8 4 (16.00%) SLA
8 4 (16.00%) VBA
8 4 (16.00%) Problem-Solving
9 3 (12.00%) Windows 10

Bloomberg
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 2 (8.00%) SharePoint
2 1 (4.00%) Confluence
Applications
1 4 (16.00%) Microsoft Excel
2 3 (12.00%) Microsoft Office
Business Applications
1 8 (32.00%) Eikon
2 6 (24.00%) Refinitiv Enterprise Platform
3 3 (12.00%) ION MarketView
4 2 (8.00%) Bloomberg TOMS
5 1 (4.00%) Global One
5 1 (4.00%) RMDS
5 1 (4.00%) Summit
Communications & Networking
1 7 (28.00%) Firewall
2 2 (8.00%) SAN
2 2 (8.00%) TCP/IP
Database & Business Intelligence
1 1 (4.00%) RDBMS
1 1 (4.00%) Relational Database
Development Applications
1 5 (20.00%) JIRA
2 1 (4.00%) Git (software)
2 1 (4.00%) IntelliJ
2 1 (4.00%) Jenkins
2 1 (4.00%) Maven
General
1 13 (52.00%) Finance
2 7 (28.00%) Banking
3 6 (24.00%) Front Office
4 3 (12.00%) Analytical Skills
5 2 (8.00%) Investment Banking
5 2 (8.00%) Legal
5 2 (8.00%) Marketing
6 1 (4.00%) Back Office
Job Titles
1 9 (36.00%) Analyst
2 5 (20.00%) Data Engineer
2 5 (20.00%) Desktop Support
2 5 (20.00%) Market Data Engineer
2 5 (20.00%) Market Data Support Engineer
2 5 (20.00%) Support Engineer
3 4 (16.00%) Support Analyst
4 3 (12.00%) 2nd Line Desktop Support
4 3 (12.00%) 2nd Line Support
5 2 (8.00%) Banking Analyst
5 2 (8.00%) C# Developer
5 2 (8.00%) C++ Developer
5 2 (8.00%) C++/C# Developer
5 2 (8.00%) Desktop Analyst
5 2 (8.00%) Desktop Support Analyst
5 2 (8.00%) Developer
5 2 (8.00%) Excel Developer
5 2 (8.00%) Server Support
5 2 (8.00%) Test Analyst
5 2 (8.00%) VBA Developer
Libraries, Frameworks & Software Standards
1 5 (20.00%) FIX Protocol
1 5 (20.00%) Software Packaging
2 2 (8.00%) Middleware
3 1 (4.00%) Flash
Miscellaneous
1 9 (36.00%) Fixed Income
2 7 (28.00%) Foreign Exchange (FX)
3 5 (20.00%) Client/Server
4 3 (12.00%) Market Risk
5 2 (8.00%) Derivative
5 2 (8.00%) Video Conferencing
6 1 (4.00%) BYOD
6 1 (4.00%) Credit Risk
Operating Systems
1 10 (40.00%) Windows
2 5 (20.00%) Linux
2 5 (20.00%) Red Hat Enterprise Linux
2 5 (20.00%) Windows Server
3 3 (12.00%) Unix
3 3 (12.00%) Windows 10
3 3 (12.00%) Windows 7
4 2 (8.00%) Windows Server 2012
4 2 (8.00%) Windows Server 2016
Processes & Methodologies
1 7 (28.00%) SDLC
2 5 (20.00%) Software Distribution
3 4 (16.00%) Problem-Solving
4 3 (12.00%) Agile Software Development
4 3 (12.00%) E-business
4 3 (12.00%) Electronic Trading
5 2 (8.00%) Asset Management
5 2 (8.00%) Business Case
5 2 (8.00%) Business Continuity
5 2 (8.00%) Computer Science
5 2 (8.00%) Contract Negotiation
5 2 (8.00%) Disaster Recovery
5 2 (8.00%) Economics
5 2 (8.00%) Financial Analysis
5 2 (8.00%) Incident Management
5 2 (8.00%) Investment Management
5 2 (8.00%) Knowledge Management
5 2 (8.00%) Migration
5 2 (8.00%) Regression Testing
6 1 (4.00%) Product Strategy
Programming Languages
1 4 (16.00%) Python
1 4 (16.00%) VBA
2 3 (12.00%) SQL
3 2 (8.00%) C#
3 2 (8.00%) C++
3 2 (8.00%) PowerShell
4 1 (4.00%) Java
4 1 (4.00%) Shell Script
Qualifications
1 2 (8.00%) Degree
2 1 (4.00%) ISTQB
Quality Assurance & Compliance
1 4 (16.00%) SLA
2 3 (12.00%) QA
3 2 (8.00%) UCITS
System Software
1 2 (8.00%) Active Directory
1 2 (8.00%) Virtual Desktop
Systems Management
1 4 (16.00%) SCCM
2 1 (4.00%) Backup Exec
2 1 (4.00%) HP Quality Center
Vendors
1 7 (28.00%) Refinitiv
1 7 (28.00%) Reuters
2 5 (20.00%) Citrix
2 5 (20.00%) Red Hat
3 4 (16.00%) ION Trading
4 3 (12.00%) Cisco
4 3 (12.00%) HP
5 2 (8.00%) Avaya
5 2 (8.00%) CheckPoint
5 2 (8.00%) EMC
5 2 (8.00%) FXall
5 2 (8.00%) Microsoft
5 2 (8.00%) Solace
5 2 (8.00%) Tradeweb
6 1 (4.00%) Calypso
6 1 (4.00%) FactSet
6 1 (4.00%) MarketAxess
6 1 (4.00%) Murex
6 1 (4.00%) ServiceNow
6 1 (4.00%) Symantec