The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Minerva skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Minerva over the 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Fidessa LatentZero Minerva
London / City of London
Rank 151 156 192
Rank change year-on-year +5 +36  
Contract jobs citing Minerva 3 2 3
As % of all contract IT jobs advertised in the City of London 0.10% 0.060% 0.059%
As % of the Business Applications category 1.44% 0.87% 0.69%
Number of daily rates quoted 3 1 3
Median daily rate £360 £625 £700
Median daily rate % change year-on-year -42.40% -10.71%  
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Minerva 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 209 229 434
As % of all contract IT job vacancies advertised in the City of London 6.98% 6.88% 8.51%
Number of daily rates quoted 145 165 317
Median daily rate £425 £495 £500
Median daily rate % change year-on-year -14.14% -1.00%  
90% offered a daily rate of more than £347 £330 £325
10% offered a daily rate of more than £600 £625 £675
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 2 2 1
Median hourly rate £29.38 £26.00 £17.00
Median hourly rate % change year-on-year +13.00% +52.94%  
UK excluding London median hourly rate £39.00 £27.50 £18.00
% change year-on-year +41.81% +52.77%  

Minerva
Job Vacancy Trend in the City of London

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

Job vacancy trend for Minerva in the City of London

Minerva
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 Minerva in the City of London.

Contractor daily rate trend for Minerva in the City of London

Minerva
Top 30 Related IT Skills in the City of London

For the 6 months to 26 March 2017, IT contractor jobs citing Minerva 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 Minerva.

1 9 (90.00%) SQL
1 9 (90.00%) Asset Management
2 7 (70.00%) SimCorp
2 7 (70.00%) SimCorp Dimension
2 7 (70.00%) Fidessa
2 7 (70.00%) Front Office
2 7 (70.00%) Finance
2 7 (70.00%) Fixed Income
2 7 (70.00%) Equities
3 6 (60.00%) Investment Management
4 5 (50.00%) XML
5 4 (40.00%) Sentinel
6 3 (30.00%) Fund Management
6 3 (30.00%) Derivative
6 3 (30.00%) Foreign Exchange (FX)
7 2 (20.00%) Collateral Management
7 2 (20.00%) OTC Derivatives
7 2 (20.00%) FIX Connectivity
7 2 (20.00%) OO
7 2 (20.00%) Degree
7 2 (20.00%) FIX Protocol
7 2 (20.00%) Tesseract
7 2 (20.00%) Management Information System
7 2 (20.00%) Global One
7 2 (20.00%) Credit Derivative
8 1 (10.00%) Investment Banking
8 1 (10.00%) Banking
8 1 (10.00%) Change Management
8 1 (10.00%) Information Security
8 1 (10.00%) Back Office

Minerva
Top Related 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 (70.00%) SimCorp Dimension
2 4 (40.00%) Sentinel
3 2 (20.00%) Global One
3 2 (20.00%) Tesseract
Communications & Networking
1 2 (20.00%) FIX Connectivity
General
1 7 (70.00%) Finance
1 7 (70.00%) Front Office
2 1 (10.00%) Back Office
2 1 (10.00%) Banking
2 1 (10.00%) Investment Banking
Job Titles
1 9 (90.00%) Analyst
2 6 (60.00%) Support Analyst
3 5 (50.00%) Asset Management Analyst
3 5 (50.00%) Business Support Analyst
4 3 (30.00%) Business Analyst
4 3 (30.00%) Fidessa Analyst
4 3 (30.00%) Fidessa Support
4 3 (30.00%) Fidessa Support Analyst
4 3 (30.00%) FIX Analyst
4 3 (30.00%) FIX Business Analyst
5 2 (20.00%) Functional Analyst
5 2 (20.00%) Functional Business Analyst
6 1 (10.00%) Applications Support
6 1 (10.00%) Applications Support Analyst
6 1 (10.00%) Business Consultant
6 1 (10.00%) IT Support
6 1 (10.00%) SimCorp Analyst
6 1 (10.00%) SimCorp Business Analyst
6 1 (10.00%) SQL Analyst
6 1 (10.00%) SQL Support Analyst
Libraries, Frameworks & Software Standards
1 5 (50.00%) XML
2 2 (20.00%) FIX Protocol
Miscellaneous
1 7 (70.00%) Equities
1 7 (70.00%) Fixed Income
2 3 (30.00%) Derivative
2 3 (30.00%) Foreign Exchange (FX)
3 2 (20.00%) Credit Derivative
3 2 (20.00%) Management Information System
3 2 (20.00%) OTC Derivatives
Processes & Methodologies
1 9 (90.00%) Asset Management
2 6 (60.00%) Investment Management
3 3 (30.00%) Fund Management
4 2 (20.00%) Collateral Management
4 2 (20.00%) OO
5 1 (10.00%) Change Management
5 1 (10.00%) Information Security
5 1 (10.00%) Internal Audit
5 1 (10.00%) Line Management
5 1 (10.00%) Performance Management
Programming Languages
1 9 (90.00%) SQL
Qualifications
1 2 (20.00%) Degree
Vendors
1 7 (70.00%) Fidessa
1 7 (70.00%) SimCorp