Period
to 18 May 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 18 May 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
18 May 2021
Same period 2020 Same period 2019
Rank 126 142 207
Rank change year-on-year +16 +65 -10
Contract jobs citing Bloomberg 18 17 35
As % of all contract jobs advertised in the City of London 0.65% 0.52% 0.54%
As % of the Vendors category 1.86% 1.42% 1.42%
Number of daily rates quoted 15 12 24
10th Percentile £228 £150 £262
25th Percentile " £158 £341
Median daily rate (50th Percentile) £340 £223 £475
Median % change year-on-year +52.64% -53.11% -11.63%
75th Percentile £563 £582 £581
90th Percentile £595 £663 £725
Central London median daily rate £340 £223 £475
% change year-on-year +52.64% -53.11% -9.52%
Number of hourly rates quoted 0 1 1
Median hourly rate - £27.18 £32.50
Median % change year-on-year - -16.38% +38.30%
Central London median hourly rate - £27.18 £19.00
% change year-on-year - +43.03% -36.67%

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 967 1,195 2,457
As % of all contract IT jobs advertised in the City of London 34.85% 36.42% 37.74%
Number of daily rates quoted 642 828 1,826
10th Percentile £338 £231 £275
25th Percentile £419 £380 £413
Median daily rate (50th Percentile) £525 £475 £500
Median % change year-on-year +10.53% -5.00% +5.26%
75th Percentile £600 £575 £588
90th Percentile £700 £650 £663
Central London median daily rate £525 £475 £500
% change year-on-year +10.53% -5.00% +5.26%
Number of hourly rates quoted 16 23 46
10th Percentile £8.00 £12.42 £11.25
25th Percentile £10.63 £12.46 £12.76
Median hourly rate £13.88 £16.95 £19.63
Median % change year-on-year -18.14% -13.63% -1.88%
75th Percentile £20.36 £26.83 £23.60
90th Percentile £27.25 £41.64 £37.50
Central London median hourly rate £14.08 £18.70 £20.00
% change year-on-year -24.73% -6.50% -

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 18 May 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 18 May 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 8 (44.44%) Reuters
1 8 (44.44%) Eikon
2 7 (38.89%) SDLC
2 7 (38.89%) Windows
2 7 (38.89%) Finance
3 6 (33.33%) Fixed Income
3 6 (33.33%) Foreign Exchange (FX)
3 6 (33.33%) Refinitiv Enterprise Platform
4 5 (27.78%) Windows Server
4 5 (27.78%) Refinitiv
4 5 (27.78%) Software Distribution
4 5 (27.78%) FIX Protocol
4 5 (27.78%) Software Packaging
4 5 (27.78%) Red Hat Enterprise Linux
4 5 (27.78%) Red Hat
4 5 (27.78%) Citrix
4 5 (27.78%) Linux
4 5 (27.78%) Client/Server
4 5 (27.78%) Firewall
4 5 (27.78%) Front Office
4 5 (27.78%) Banking
5 4 (22.22%) JIRA
5 4 (22.22%) Problem-Solving
6 3 (16.67%) ION MarketView
6 3 (16.67%) Market Risk
6 3 (16.67%) Analytical Skills
6 3 (16.67%) ION Trading
6 3 (16.67%) Agile Software Development
6 3 (16.67%) E-business
6 3 (16.67%) SLA

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:

Applications
1 3 (16.67%) Microsoft Office
2 2 (11.11%) Microsoft Excel
Business Applications
1 8 (44.44%) Eikon
2 6 (33.33%) Refinitiv Enterprise Platform
3 3 (16.67%) ION MarketView
4 2 (11.11%) Bloomberg TOMS
5 1 (5.56%) Global One
5 1 (5.56%) RMDS
5 1 (5.56%) Summit
Communications & Networking
1 5 (27.78%) Firewall
2 2 (11.11%) TCP/IP
Development Applications
1 4 (22.22%) JIRA
General
1 7 (38.89%) Finance
2 5 (27.78%) Banking
2 5 (27.78%) Front Office
3 3 (16.67%) Analytical Skills
4 2 (11.11%) Investment Banking
5 1 (5.56%) Back Office
Job Titles
1 7 (38.89%) Analyst
2 5 (27.78%) Data Engineer
2 5 (27.78%) Market Data Engineer
2 5 (27.78%) Market Data Support Engineer
2 5 (27.78%) Support Engineer
3 3 (16.67%) Support Analyst
4 2 (11.11%) Banking Analyst
4 2 (11.11%) Desktop Support
5 1 (5.56%) 2nd Line Support
5 1 (5.56%) 3rd Line Support
5 1 (5.56%) Data Analyst
5 1 (5.56%) Desktop Analyst
5 1 (5.56%) Desktop Support Analyst
5 1 (5.56%) Implementation Manager
5 1 (5.56%) Implementation Project Manager
5 1 (5.56%) IT Project Manager
5 1 (5.56%) Project Implementation Manager
5 1 (5.56%) QA Analyst
5 1 (5.56%) QA Test Analyst
5 1 (5.56%) Risk Analyst
Libraries, Frameworks & Software Standards
1 5 (27.78%) FIX Protocol
1 5 (27.78%) Software Packaging
2 2 (11.11%) Middleware
3 1 (5.56%) Flash
Miscellaneous
1 6 (33.33%) Fixed Income
1 6 (33.33%) Foreign Exchange (FX)
2 5 (27.78%) Client/Server
3 3 (16.67%) Market Risk
4 2 (11.11%) Derivative
5 1 (5.56%) BYOD
5 1 (5.56%) Credit Risk
5 1 (5.56%) Equities
Operating Systems
1 7 (38.89%) Windows
2 5 (27.78%) Linux
2 5 (27.78%) Red Hat Enterprise Linux
2 5 (27.78%) Windows Server
3 2 (11.11%) Unix
3 2 (11.11%) Windows 10
3 2 (11.11%) Windows 7
Processes & Methodologies
1 7 (38.89%) SDLC
2 5 (27.78%) Software Distribution
3 4 (22.22%) Problem-Solving
4 3 (16.67%) Agile Software Development
4 3 (16.67%) E-business
5 2 (11.11%) Computer Science
5 2 (11.11%) Electronic Trading
5 2 (11.11%) Incident Management
5 2 (11.11%) Knowledge Management
5 2 (11.11%) Stakeholder Management
6 1 (5.56%) Architecture Governance
6 1 (5.56%) Contract Negotiation
6 1 (5.56%) Data Governance
6 1 (5.56%) Integration Testing
6 1 (5.56%) Manual Testing
6 1 (5.56%) Migration
6 1 (5.56%) Performance Monitoring
6 1 (5.56%) Process Management
6 1 (5.56%) System Integration Testing
6 1 (5.56%) User Acceptance Testing
Programming Languages
1 3 (16.67%) SQL
2 2 (11.11%) PowerShell
2 2 (11.11%) Python
2 2 (11.11%) VBA
Qualifications
1 2 (11.11%) Degree
2 1 (5.56%) ISTQB
Quality Assurance & Compliance
1 3 (16.67%) SLA
2 2 (11.11%) QA
System Software
1 1 (5.56%) Virtual Desktop
Systems Management
1 2 (11.11%) SCCM
2 1 (5.56%) Backup Exec
2 1 (5.56%) HP Quality Center
Vendors
1 8 (44.44%) Reuters
2 5 (27.78%) Citrix
2 5 (27.78%) Red Hat
2 5 (27.78%) Refinitiv
3 3 (16.67%) ION Trading
4 2 (11.11%) FXall
4 2 (11.11%) Microsoft
4 2 (11.11%) Solace
5 1 (5.56%) Calypso
5 1 (5.56%) Cisco
5 1 (5.56%) FactSet
5 1 (5.56%) HP
5 1 (5.56%) Murex
5 1 (5.56%) ServiceNow
5 1 (5.56%) Symantec
5 1 (5.56%) Tradeweb