The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Markit EDM skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Markit EDM over the 3 months to 28 June 2017 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.

Markit Enterprise Data Management (formerly Cadis)
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 152 151 187
Rank change year-on-year -1 +36  
Contract jobs citing Markit EDM 14 14 18
As % of all contract IT jobs advertised in the City of London 0.43% 0.42% 0.31%
As % of the Business Applications category 5.19% 6.01% 3.36%
Number of daily rates quoted 3 13 17
Median daily rate £600 £525 £575
Median daily rate % change year-on-year +14.28% -8.69%  
90% offered a daily rate of more than £560 £440 £430
10% offered a daily rate of more than £620 £620 £670
UK excluding London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Markit EDM is in the business application skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for business application skills.

Contract Business Application Skills
City of London
Contract job vacancies with a requirement for business application skills 270 233 535
As % of all contract IT job vacancies advertised in the City of London 8.27% 6.92% 9.32%
Number of daily rates quoted 191 160 360
Median daily rate £500 £463 £500
Median daily rate % change year-on-year +8.10% -7.50%  
90% offered a daily rate of more than £321 £325 £338
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03%  
Number of hourly rates quoted 1 3 2
Median hourly rate £21.40 £21.38 £34.40
Median hourly rate % change year-on-year +0.11% -37.86%  
UK excluding London median hourly rate £40.00 £35.00 £23.00
% change year-on-year +14.28% +52.17%  

Markit EDM
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Markit EDM as a proportion of all contract or permanent IT jobs with a match in the Business Applications category.

Job vacancy trend for Markit EDM in the City of London

Markit EDM
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 Markit EDM in the City of London.

Contractor daily rate trend for Markit EDM in the City of London

Markit EDM
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 Markit EDM in the City of London.

Contractor hourly rate trend for Markit EDM in the City of London

For the 6 months to 28 June 2017, IT contractor jobs citing Markit EDM also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Markit EDM.

1 20 (100.00%) Asset Management
2 18 (90.00%) Investment Management
3 17 (85.00%) Data Management
4 12 (60.00%) Hedge funds
4 12 (60.00%) Data Governance
5 10 (50.00%) Charles River
6 7 (35.00%) SimCorp
6 7 (35.00%) SimCorp Dimension
7 5 (25.00%) Eagle PACE
7 5 (25.00%) SQL Server
8 4 (20.00%) RDBMS
8 4 (20.00%) Middleware
8 4 (20.00%) Change Management
8 4 (20.00%) Oracle
8 4 (20.00%) Relational Database
8 4 (20.00%) SmartCo
9 2 (10.00%) SQL
9 2 (10.00%) Data Warehouse
9 2 (10.00%) Data Modelling
10 1 (5.00%) ETL
10 1 (5.00%) T-SQL
10 1 (5.00%) PolarLake
10 1 (5.00%) Workflow
10 1 (5.00%) Finance
10 1 (5.00%) Validation
10 1 (5.00%) Stakeholder Management
10 1 (5.00%) Fixed Income
10 1 (5.00%) Equities
10 1 (5.00%) Project Management
10 1 (5.00%) Agile Software Development

Markit EDM
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:

Business Applications
1 7 (35.00%) SimCorp Dimension
2 5 (25.00%) Eagle PACE
3 1 (5.00%) PolarLake
3 1 (5.00%) thinkFolio
Database & Business Intelligence
1 5 (25.00%) SQL Server
2 4 (20.00%) RDBMS
2 4 (20.00%) Relational Database
3 2 (10.00%) Data Warehouse
General
1 1 (5.00%) Finance
Job Titles
1 19 (95.00%) Analyst
2 18 (90.00%) Data Analyst
3 6 (30.00%) Business Analyst
3 6 (30.00%) Data Business Analyst
4 5 (25.00%) Asset Management Analyst
4 5 (25.00%) Asset Management Business Analyst
5 4 (20.00%) Market Data Analyst
6 2 (10.00%) IT Analyst
7 1 (5.00%) Business IT Analyst
7 1 (5.00%) IT Business Analyst
7 1 (5.00%) Reference Data Business Analyst
7 1 (5.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (20.00%) Middleware
Miscellaneous
1 12 (60.00%) Hedge funds
2 1 (5.00%) Data Structures
2 1 (5.00%) Derivative
2 1 (5.00%) Equities
2 1 (5.00%) Fixed Income
2 1 (5.00%) Pricing Data
2 1 (5.00%) Reference Data
Processes & Methodologies
1 20 (100.00%) Asset Management
2 18 (90.00%) Investment Management
3 17 (85.00%) Data Management
4 12 (60.00%) Data Governance
5 4 (20.00%) Change Management
6 2 (10.00%) Data Modelling
7 1 (5.00%) Agile Software Development
7 1 (5.00%) Data Architecture
7 1 (5.00%) Data Mapping
7 1 (5.00%) Data Validation
7 1 (5.00%) ETL
7 1 (5.00%) Kalman Filter
7 1 (5.00%) Project Management
7 1 (5.00%) Software Testing
7 1 (5.00%) Stakeholder Management
7 1 (5.00%) Test Automation
7 1 (5.00%) Validation
7 1 (5.00%) Workflow
Programming Languages
1 2 (10.00%) SQL
2 1 (5.00%) T-SQL
Vendors
1 10 (50.00%) Charles River
2 7 (35.00%) SimCorp
3 4 (20.00%) Oracle
3 4 (20.00%) SmartCo
4 1 (5.00%) GoldenSource