The following table provides summary statistics for contract job vacancies advertised in Docklands, London with a requirement for Validation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Validation over the 3 months to 29 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.

Validation
London / Docklands, London
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank 16 15 22
Rank change year-on-year -1 +7  
Contract jobs citing Validation 1 1 4
As % of all contract IT jobs advertised in Docklands, London 1.96% 1.67% 2.70%
As % of the Processes & Methodologies category 2.04% 1.82% 3.48%
Number of daily rates quoted 1 0 4
Median daily rate £600 - £550
90% offered a daily rate of more than £575 - £516
10% offered a daily rate of more than £625 - £568
UK excluding London median daily rate £408 £340 £375
% change year-on-year +19.85% -9.33%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £32.50 £40.00 £35.00
% change year-on-year -18.75% +14.28%  

Validation is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Docklands, London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Docklands, London
Contract job vacancies with a requirement for process and methodology skills 49 55 115
As % of all contract IT job vacancies advertised in Docklands, London 96.08% 91.67% 77.70%
Number of daily rates quoted 168 143 376
Median daily rate £575 £540 £500
Median daily rate % change year-on-year +6.48% +8.00%  
90% offered a daily rate of more than £313 £425 £321
10% offered a daily rate of more than £675 £675 £625
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 0 0 4
Median hourly rate - - £38.80
UK excluding London median hourly rate £33.50 £28.00 £30.00
% change year-on-year +19.64% -6.66%  

Validation
Job Vacancy Trend in Docklands, London

Job postings citing Validation as a percentage of all IT jobs advertised in Docklands, London.

Job vacancy trend for Validation in Docklands, London

Validation
Contractor Daily Rate Trend in Docklands, London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Validation in Docklands, London.

Contractor daily rate trend for Validation in Docklands, London

For the 6 months to 29 June 2017, IT contractor jobs citing Validation 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 Docklands, London region with a requirement for Validation.

1 2 (100.00%) Business Analysis
2 1 (50.00%) Financial Institution
2 1 (50.00%) GAP Analysis
2 1 (50.00%) Front Office
2 1 (50.00%) Finance
2 1 (50.00%) Migration
2 1 (50.00%) Equities
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Systems Analysis
2 1 (50.00%) SQL
2 1 (50.00%) Microsoft Project
2 1 (50.00%) Microsoft Office
2 1 (50.00%) Microsoft Excel
2 1 (50.00%) MS Visio
2 1 (50.00%) Project Management
2 1 (50.00%) Microsoft PowerPoint
2 1 (50.00%) Derivative
2 1 (50.00%) MiFID
2 1 (50.00%) Market Risk
2 1 (50.00%) User Acceptance Testing
2 1 (50.00%) Reference Data
2 1 (50.00%) Process Improvement
2 1 (50.00%) Test Strategy
2 1 (50.00%) Analytical Skills
2 1 (50.00%) Software Delivery
2 1 (50.00%) SDLC

Validation
Co-occurring IT Skills in Docklands, 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 1 (50.00%) Microsoft Excel
1 1 (50.00%) Microsoft Office
1 1 (50.00%) Microsoft PowerPoint
1 1 (50.00%) Microsoft Project
1 1 (50.00%) MS Visio
General
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) Financial Institution
1 1 (50.00%) Front Office
1 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Business Analyst
2 1 (50.00%) Analyst
2 1 (50.00%) Business IT Analyst
2 1 (50.00%) Investment Banking Business Analyst
2 1 (50.00%) IT Analyst
2 1 (50.00%) IT Business Analyst
2 1 (50.00%) IT Risk Analyst
2 1 (50.00%) Market Risk Analyst
2 1 (50.00%) Market Risk Business Analyst
2 1 (50.00%) Risk Analyst
2 1 (50.00%) Risk Business Analyst
Miscellaneous
1 1 (50.00%) Analytical Skills
1 1 (50.00%) Derivative
1 1 (50.00%) Equities
1 1 (50.00%) Market Risk
1 1 (50.00%) Reference Data
Processes & Methodologies
1 2 (100.00%) Business Analysis
2 1 (50.00%) GAP Analysis
2 1 (50.00%) Migration
2 1 (50.00%) Process Improvement
2 1 (50.00%) Project Management
2 1 (50.00%) SDLC
2 1 (50.00%) Software Delivery
2 1 (50.00%) Systems Analysis
2 1 (50.00%) Test Strategy
2 1 (50.00%) User Acceptance Testing
Programming Languages
1 1 (50.00%) SQL
Quality Assurance & Compliance
1 1 (50.00%) MiFID