Period
to 20 June 2018

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 20 June 2018 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
20 Jun 2018
Same period 2017 Same period 2016
Rank 201 181 177
Rank change year-on-year -20 -4 +33
Contract jobs citing Bloomberg 53 52 53
As % of all contract IT jobs advertised in the City of London 0.77% 0.84% 0.80%
As % of the Vendors category 2.00% 2.14% 1.97%
Number of daily rates quoted 36 43 46
City of London median daily rate £538 £550 £475
Median daily rate % change year-on-year -2.27% +15.79% +13.71%
10th Percentile £225 £313 £199
90th Percentile £706 £785 £731
Central London median daily rate £525 £563 £450
% change year-on-year -6.67% +25.00% +7.73%
Number of hourly rates quoted 2 2 0
City of London median hourly rate £23.50 £19.16 -
Median hourly rate % change year-on-year +22.67% - -
Central London median hourly rate £30.00 £19.16 £21.34
% change year-on-year +56.60% -10.23% +18.69%

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 2,653 2,435 2,684
As % of all contract IT jobs advertised in the City of London 38.39% 39.23% 40.64%
Number of daily rates quoted 1,979 1,791 2,047
City of London median daily rate £480 £475 £450
Median daily rate % change year-on-year +1.05% +5.56% +5.88%
10th Percentile £275 £281 £274
90th Percentile £650 £638 £638
Central London median daily rate £488 £463 £450
% change year-on-year +5.41% +2.78% +5.88%
Number of hourly rates quoted 65 35 35
City of London median hourly rate £20.00 £16.00 £19.50
Median hourly rate % change year-on-year +25.00% -17.95% +8.45%
10th Percentile £11.90 £12.51 £11.10
90th Percentile £32.65 £28.12 £39.04
Central London median hourly rate £20.00 £16.00 £20.00
% change year-on-year +25.00% -20.00% +11.23%

Bloomberg
Job Vacancy Trend in the City of London

Job postings citing Bloomberg as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Bloomberg in the City of London.

Contractor daily rate trend for Bloomberg in the City of London

Bloomberg
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Bloomberg in the City of London over the 6 months to 20 June 2018.

Contractor daily rate histogram for Bloomberg in the City of London

Bloomberg
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Bloomberg in the City of London.

Contractor hourly rate trend for Bloomberg in the City of London

Bloomberg
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Bloomberg in the City of London over the 6 months to 20 June 2018.

Contractor hourly rate histogram for Bloomberg in the City of London

For the 6 months to 20 June 2018, 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 33 (62.26%) Finance
2 31 (58.49%) Reuters
3 23 (43.40%) Banking
4 20 (37.74%) SQL
5 19 (35.85%) Front Office
6 17 (32.08%) Windows
7 15 (28.30%) Python
7 15 (28.30%) Microsoft Excel
8 13 (24.53%) ITIL
9 12 (22.64%) User Acceptance Testing
10 11 (20.75%) Investment Banking
10 11 (20.75%) Fixed Income
11 10 (18.87%) VBA
11 10 (18.87%) R
11 10 (18.87%) Windows 10
12 9 (16.98%) Analytical Skills
12 9 (16.98%) Office 365
12 9 (16.98%) C#
12 9 (16.98%) Java
13 8 (15.09%) Calypso
13 8 (15.09%) Asset Management
13 8 (15.09%) Hedge funds
14 7 (13.21%) Analytics
14 7 (13.21%) SQL Server Reporting Services
14 7 (13.21%) Business Analysis
14 7 (13.21%) SCCM
14 7 (13.21%) Windows 7
14 7 (13.21%) Agile Software Development
14 7 (13.21%) Migration
14 7 (13.21%) Project Management

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 3 (5.66%) MS Exchange
2 2 (3.77%) SharePoint
3 1 (1.89%) Confluence
3 1 (1.89%) MTS
3 1 (1.89%) Skype for Business
Applications
1 15 (28.30%) Microsoft Excel
2 5 (9.43%) Microsoft Office
3 1 (1.89%) Spreadsheet
Business Applications
1 2 (3.77%) Bloomberg TOMS
2 1 (1.89%) Bloomberg AIM
2 1 (1.89%) Eikon
2 1 (1.89%) ION MarketView
2 1 (1.89%) Markit EDM
2 1 (1.89%) Orchestrade
2 1 (1.89%) RMDS
2 1 (1.89%) Sentinel
2 1 (1.89%) Summit
2 1 (1.89%) thinkFolio
Cloud Services
1 9 (16.98%) Office 365
2 1 (1.89%) OneDrive
Communications & Networking
1 4 (7.55%) Cisco IOS
1 4 (7.55%) Wireless
2 3 (5.66%) BGP
2 3 (5.66%) Cisco IPT
2 3 (5.66%) Cisco Nexus
2 3 (5.66%) F5 BIG-IP GTM
2 3 (5.66%) F5 BIG-IP LTM
2 3 (5.66%) Firewall
2 3 (5.66%) H.323
2 3 (5.66%) ISDN
2 3 (5.66%) Junos
2 3 (5.66%) LAN
2 3 (5.66%) MGCP
2 3 (5.66%) MPLS
2 3 (5.66%) Multicast
2 3 (5.66%) Network Security
2 3 (5.66%) OSPF
2 3 (5.66%) VPLS
2 3 (5.66%) WAN
2 3 (5.66%) Wireshark
Database & Business Intelligence
1 7 (13.21%) SQL Server Reporting Services
2 4 (7.55%) SQL Server
3 3 (5.66%) OLAP
3 3 (5.66%) OLAP Cube
3 3 (5.66%) SQL Server Analysis Services
3 3 (5.66%) SQL Server Integration Services
4 2 (3.77%) MongoDB
4 2 (3.77%) Qlik Sense
5 1 (1.89%) GIS
5 1 (1.89%) MS Access
Development Applications
1 6 (11.32%) RStudio
2 2 (3.77%) Team Foundation Server
3 1 (1.89%) JIRA
3 1 (1.89%) JMeter
3 1 (1.89%) Selenium
3 1 (1.89%) TestComplete
3 1 (1.89%) Visual Studio
3 1 (1.89%) WebDriver
General
1 33 (62.26%) Finance
2 23 (43.40%) Banking
3 19 (35.85%) Front Office
4 11 (20.75%) Investment Banking
5 3 (5.66%) Back Office
5 3 (5.66%) Corporate Banking
5 3 (5.66%) Legal
6 1 (1.89%) Billing
6 1 (1.89%) Prime Brokerage
Job Titles
1 13 (24.53%) Analyst
2 6 (11.32%) Data Modeller
3 5 (9.43%) Desktop Engineer
3 5 (9.43%) Desktop Support
4 4 (7.55%) Business Analyst
4 4 (7.55%) Desktop Support Engineer
4 4 (7.55%) Excel Analyst
4 4 (7.55%) Programmer
4 4 (7.55%) SQL Analyst
4 4 (7.55%) SQL Programmer
4 4 (7.55%) Support Engineer
5 3 (5.66%) Architect
5 3 (5.66%) Consultant
5 3 (5.66%) Developer
5 3 (5.66%) Migration Specialist
5 3 (5.66%) Operations Engineer
5 3 (5.66%) SQL Server Architect
5 3 (5.66%) Support Analyst
6 2 (3.77%) Java Developer
6 2 (3.77%) Senior Developer
Libraries, Frameworks & Software Standards
1 3 (5.66%) FIX Protocol
1 3 (5.66%) FpML
1 3 (5.66%) MDX
2 2 (3.77%) .NET
3 1 (1.89%) .NET Framework
3 1 (1.89%) AngularJS
3 1 (1.89%) Caliburn.Micro
3 1 (1.89%) COM
3 1 (1.89%) HTML
3 1 (1.89%) HTML5
3 1 (1.89%) LINQ
3 1 (1.89%) Middleware
3 1 (1.89%) Unity DI Container
3 1 (1.89%) WPF
3 1 (1.89%) XML
Miscellaneous
1 11 (20.75%) Fixed Income
2 9 (16.98%) Analytical Skills
3 8 (15.09%) Hedge funds
4 6 (11.32%) Self-Motivation
5 5 (9.43%) Computer Science
5 5 (9.43%) Derivative
6 4 (7.55%) Equities
6 4 (7.55%) Fintech
6 4 (7.55%) PMI
7 3 (5.66%) Foreign Exchange (FX)
7 3 (5.66%) Video Conferencing
8 1 (1.89%) Credit Derivative
8 1 (1.89%) Equity Derivative
8 1 (1.89%) Eurex
8 1 (1.89%) Exotic Derivative
8 1 (1.89%) iPad
8 1 (1.89%) iPhone
8 1 (1.89%) N-Tier
8 1 (1.89%) Pricing Data
8 1 (1.89%) Reference Data
Operating Systems
1 17 (32.08%) Windows
2 10 (18.87%) Windows 10
3 7 (13.21%) Windows 7
4 6 (11.32%) Apple iOS
5 5 (9.43%) Unix
6 1 (1.89%) Linux
6 1 (1.89%) Windows Server
6 1 (1.89%) Windows Server 2003
Processes & Methodologies
1 13 (24.53%) ITIL
2 12 (22.64%) User Acceptance Testing
3 8 (15.09%) Asset Management
4 7 (13.21%) Agile Software Development
4 7 (13.21%) Analytics
4 7 (13.21%) Business Analysis
4 7 (13.21%) Migration
4 7 (13.21%) Problem-Solving
4 7 (13.21%) Project Management
5 6 (11.32%) Collateral Management
5 6 (11.32%) Data Analytics
5 6 (11.32%) Data Modelling
5 6 (11.32%) Risk Management
5 6 (11.32%) Test Strategy
6 5 (9.43%) Investment Management
6 5 (9.43%) Validation
7 4 (7.55%) Data Validation
7 4 (7.55%) Project Planning
7 4 (7.55%) Service Delivery
7 4 (7.55%) Service Management
Programming Languages
1 20 (37.74%) SQL
2 15 (28.30%) Python
3 10 (18.87%) R
3 10 (18.87%) VBA
4 9 (16.98%) C#
4 9 (16.98%) Java
5 6 (11.32%) Ruby
6 4 (7.55%) C
7 3 (5.66%) Perl
7 3 (5.66%) T-SQL
8 2 (3.77%) PL/SQL
9 1 (1.89%) C++
9 1 (1.89%) Tcl
Qualifications
1 5 (9.43%) MCDST
1 5 (9.43%) MCSE
1 5 (9.43%) Microsoft Certification
2 4 (7.55%) CFA
2 4 (7.55%) Degree
2 4 (7.55%) MBA
2 4 (7.55%) PMI Certification
3 3 (5.66%) Cisco Certification
4 1 (1.89%) DV Cleared
4 1 (1.89%) ISTQB
4 1 (1.89%) SC Cleared
4 1 (1.89%) Security Cleared
Quality Assurance & Compliance
1 5 (9.43%) SLA
2 2 (3.77%) MiFID
3 1 (1.89%) QA
System Software
1 7 (13.21%) Virtual Desktop
2 4 (7.55%) Active Directory
3 3 (5.66%) ProxySG
4 1 (1.89%) Microsoft App-V
Systems Management
1 7 (13.21%) SCCM
2 1 (1.89%) AirWatch
2 1 (1.89%) Single Sign-On
2 1 (1.89%) Systems Management Server (SMS)
2 1 (1.89%) Thomson Reuters DACS
Vendors
1 31 (58.49%) Reuters
2 8 (15.09%) Calypso
3 7 (13.21%) Citrix
4 6 (11.32%) Microsoft
5 5 (9.43%) FactSet
5 5 (9.43%) Wyse
6 4 (7.55%) Cisco
6 4 (7.55%) Murex
6 4 (7.55%) Tradeweb
7 3 (5.66%) Blue Coat
7 3 (5.66%) F5
7 3 (5.66%) Juniper
7 3 (5.66%) NetScout
7 3 (5.66%) Oracle
7 3 (5.66%) SevOne
7 3 (5.66%) Sun
8 2 (3.77%) HP
8 2 (3.77%) ION Trading
8 2 (3.77%) Remedy
8 2 (3.77%) Sybase