The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS over the 3 months to 23 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.

Reuters Market Data System (RMDS)
London / City of London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 163 163 192
Rank change year-on-year 0 +29  
Contract jobs citing RMDS 3 1 9
As % of all contract IT jobs advertised in the City of London 0.091% 0.030% 0.15%
As % of the Business Applications category 1.13% 0.44% 1.62%
Number of daily rates quoted 3 1 6
Median daily rate £550 £800 £625
Median daily rate % change year-on-year -31.25% +28.00%  
UK excluding London median daily rate - - £500
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

RMDS 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 265 229 556
As % of all contract IT job vacancies advertised in the City of London 8.03% 6.77% 9.57%
Number of daily rates quoted 185 157 380
Median daily rate £498 £450 £500
Median daily rate % change year-on-year +10.55% -10.00%  
90% offered a daily rate of more than £320 £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 £33.50 £35.00 £22.50
% change year-on-year -4.28% +55.55%  

RMDS
Job Vacancy Trend in the City of London

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

Job vacancy trend for RMDS in the City of London

RMDS
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 RMDS in the City of London.

Contractor daily rate trend for RMDS in the City of London

RMDS
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing RMDS in the City of London over the 3 months to 23 June 2017.

Contractor daily rate histogram for RMDS in the City of London

RMDS
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 RMDS in the City of London.

Contractor hourly rate trend for RMDS in the City of London

For the 6 months to 23 June 2017, IT contractor jobs citing RMDS 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 RMDS.

1 3 (75.00%) Java
1 3 (75.00%) XML
1 3 (75.00%) Finance
2 2 (50.00%) Investment Banking
2 2 (50.00%) Technical Analysis
2 2 (50.00%) HTML
2 2 (50.00%) Web Services
2 2 (50.00%) SQL
2 2 (50.00%) Linux
2 2 (50.00%) Shell Script
2 2 (50.00%) Fixed Income
2 2 (50.00%) Banking
2 2 (50.00%) FIX Protocol
3 1 (25.00%) Oracle APEX
3 1 (25.00%) Unit Testing
3 1 (25.00%) Continuous Integration
3 1 (25.00%) Multithreading
3 1 (25.00%) Electronic Trading
3 1 (25.00%) TeamCity
3 1 (25.00%) Test Automation
3 1 (25.00%) C-shell
3 1 (25.00%) Confluence
3 1 (25.00%) HTML5
3 1 (25.00%) NoSQL
3 1 (25.00%) High Availability
3 1 (25.00%) Big Data
3 1 (25.00%) Analytics
3 1 (25.00%) Protocol Buffers
3 1 (25.00%) Low Latency
3 1 (25.00%) Performance Tuning

RMDS
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 1 (25.00%) Confluence
1 1 (25.00%) MQSeries
Communications & Networking
1 1 (25.00%) LAN
1 1 (25.00%) TCP/IP
Database & Business Intelligence
1 1 (25.00%) Big Data
1 1 (25.00%) Data Mining
1 1 (25.00%) NoSQL
Development Applications
1 1 (25.00%) JIRA
1 1 (25.00%) Maven
1 1 (25.00%) Oracle APEX
1 1 (25.00%) TeamCity
General
1 3 (75.00%) Finance
2 2 (50.00%) Banking
2 2 (50.00%) Investment Banking
3 1 (25.00%) Front Office
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Developer
2 1 (25.00%) Banking Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Investment Banking Java Developer
2 1 (25.00%) Java Developer
2 1 (25.00%) MiFID Business Analyst
2 1 (25.00%) Senior Developer
2 1 (25.00%) Senior Software Developer
2 1 (25.00%) Software Developer
2 1 (25.00%) SQL Developer
2 1 (25.00%) Support Analyst
2 1 (25.00%) Technical Analyst
2 1 (25.00%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 3 (75.00%) XML
2 2 (50.00%) FIX Protocol
2 2 (50.00%) HTML
2 2 (50.00%) Web Services
3 1 (25.00%) .NET
3 1 (25.00%) Ajax
3 1 (25.00%) FpML
3 1 (25.00%) HTML5
3 1 (25.00%) JMS
3 1 (25.00%) JSON
3 1 (25.00%) Middleware
3 1 (25.00%) Protocol Buffers
3 1 (25.00%) Rendezvous
3 1 (25.00%) SOAP
3 1 (25.00%) XHTML
3 1 (25.00%) XSL
3 1 (25.00%) XSLT
Miscellaneous
1 2 (50.00%) Fixed Income
2 1 (25.00%) Derivative
2 1 (25.00%) Fintech
2 1 (25.00%) Foreign Exchange (FX)
Operating Systems
1 2 (50.00%) Linux
2 1 (25.00%) Unix
Processes & Methodologies
1 2 (50.00%) Technical Analysis
2 1 (25.00%) Agile Software Development
2 1 (25.00%) Analytics
2 1 (25.00%) Change Management
2 1 (25.00%) Data Management
2 1 (25.00%) High Availability
2 1 (25.00%) Kalman Filter
2 1 (25.00%) Low Latency
2 1 (25.00%) OO
2 1 (25.00%) OOP
2 1 (25.00%) Performance Optimisation
2 1 (25.00%) Performance Tuning
2 1 (25.00%) Prototyping
2 1 (25.00%) Scrum
2 1 (25.00%) SDLC
2 1 (25.00%) SOA
2 1 (25.00%) Task Automation
2 1 (25.00%) TDD
2 1 (25.00%) Test Automation
2 1 (25.00%) UML
Programming Languages
1 3 (75.00%) Java
2 2 (50.00%) Shell Script
2 2 (50.00%) SQL
3 1 (25.00%) AWK
3 1 (25.00%) C
3 1 (25.00%) C#
3 1 (25.00%) C++
3 1 (25.00%) C-shell
3 1 (25.00%) JavaScript
3 1 (25.00%) Korn
3 1 (25.00%) Perl
3 1 (25.00%) PHP
3 1 (25.00%) Python
3 1 (25.00%) T-SQL
Quality Assurance & Compliance
1 1 (25.00%) MiFID
Systems Management
1 1 (25.00%) Thomson Reuters DACS
Vendors
1 1 (25.00%) IBM
1 1 (25.00%) Oracle
1 1 (25.00%) Reuters
1 1 (25.00%) Solace
1 1 (25.00%) Sun
1 1 (25.00%) Sybase
1 1 (25.00%) TIBCO