Period
to 20 April 2021

The table below provides summary statistics for contract job vacancies advertised in 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 20 April 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
England > London
6 months to
20 Apr 2021
Same period 2020 Same period 2019
Rank 332 314 472
Rank change year-on-year -18 +158 -91
Contract jobs citing Bloomberg 109 124 141
As % of all contract jobs advertised in London 0.49% 0.53% 0.33%
As % of the Vendors category 1.30% 1.34% 0.84%
Number of daily rates quoted 92 100 98
10th Percentile £340 £199 £200
25th Percentile £497 £272 £262
Median daily rate (50th Percentile) £575 £613 £375
Median % change year-on-year -6.12% +63.33% -28.57%
75th Percentile £613 £700 £606
90th Percentile £800 £800 £725
England median daily rate £575 £613 £350
% change year-on-year -6.12% +75.00% -34.88%
Number of hourly rates quoted 0 3 4
Median hourly rate - £24.35 £22.75
Median % change year-on-year - +7.03% -24.17%
England median hourly rate - £24.35 £22.75
% change year-on-year - +7.03% -24.17%

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 London.

All Vendors
London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 8,390 9,232 16,762
As % of all contract IT jobs advertised in London 37.83% 39.16% 39.69%
Number of daily rates quoted 5,597 6,295 11,351
10th Percentile £325 £263 £298
25th Percentile £413 £388 £400
Median daily rate (50th Percentile) £500 £500 £500
75th Percentile £600 £600 £600
90th Percentile £688 £700 £675
England median daily rate £475 £450 £460
% change year-on-year +5.56% -2.17% +2.22%
Number of hourly rates quoted 105 171 256
10th Percentile £15.37 £12.44 £12.75
25th Percentile £21.25 £18.00 £16.44
Median hourly rate £27.50 £23.00 £20.57
Median % change year-on-year +19.57% +11.80% -4.31%
75th Percentile £51.50 £36.05 £30.94
90th Percentile £67.40 £51.75 £46.56
England median hourly rate £22.00 £18.50 £17.50
% change year-on-year +18.92% +5.71% +0.40%

Bloomberg
Job Vacancy Trend in London

Job postings citing Bloomberg as a proportion of all IT jobs advertised in London.

Job vacancy trend for Bloomberg in London

Bloomberg
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Bloomberg in London.

Daily rate trend for Bloomberg in London

Bloomberg
Daily Rate Histogram in London

Daily rate distribution for jobs citing Bloomberg in London over the 6 months to 20 April 2021.

Daily rate histogram for Bloomberg in London

Bloomberg
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Bloomberg in London.

Hourly rate trend for Bloomberg in London

Bloomberg
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Bloomberg within the London region over the 6 months to 20 April 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +41 15 £462 +121.88% 6
Bloomberg
England

For the 6 months to 20 April 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 London region with a requirement for Bloomberg.

1 74 (67.89%) Finance
2 58 (53.21%) Front Office
3 49 (44.95%) Python
4 44 (40.37%) Fixed Income
5 42 (38.53%) Asset Management
6 39 (35.78%) Investment Management
6 39 (35.78%) Equities
7 38 (34.86%) Derivative
8 33 (30.28%) Software Engineering
9 28 (25.69%) Java
10 25 (22.94%) FIX Protocol
10 25 (22.94%) React
11 24 (22.02%) Docker
12 23 (21.10%) Protocol Buffers
12 23 (21.10%) Apache Spark
12 23 (21.10%) Kotlin
12 23 (21.10%) Terraform
12 23 (21.10%) gRPC
12 23 (21.10%) Performance Attribution
12 23 (21.10%) Kubernetes
12 23 (21.10%) Apache Ignite
12 23 (21.10%) AWS
12 23 (21.10%) Node.js
12 23 (21.10%) JavaScript
12 23 (21.10%) SQL
12 23 (21.10%) Web Services
12 23 (21.10%) Apache
13 22 (20.18%) Reuters
13 22 (20.18%) Back Office
13 22 (20.18%) Banking

Bloomberg
Co-occurring IT Skills in 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 23 (21.10%) Apache
1 23 (21.10%) Apache Spark
2 2 (1.83%) MS Exchange
2 2 (1.83%) MTS
3 1 (0.92%) Exchange Server 2003
3 1 (0.92%) Exchange Server 2007
3 1 (0.92%) IBM Notes
3 1 (0.92%) nginx
Applications
1 5 (4.59%) Microsoft Office
2 3 (2.75%) Microsoft Excel
3 1 (0.92%) Spreadsheet
Business Applications
1 11 (10.09%) Markit EDM
2 10 (9.17%) Eagle PACE
2 10 (9.17%) Eikon
3 9 (8.26%) Refinitiv Enterprise Platform
4 6 (5.50%) ION MarketView
5 5 (4.59%) Bloomberg AIM
6 3 (2.75%) Bloomberg TOMS
6 3 (2.75%) Summit
7 2 (1.83%) RMDS
8 1 (0.92%) Global One
8 1 (0.92%) PolarLake
8 1 (0.92%) Sentinel
8 1 (0.92%) thinkFolio
Cloud Services
1 23 (21.10%) AWS
2 4 (3.67%) Microsoft 365
3 1 (0.92%) Azure
3 1 (0.92%) IaaS
Communications & Networking
1 8 (7.34%) Firewall
2 4 (3.67%) TCP/IP
3 3 (2.75%) SSL
3 3 (2.75%) VoIP
4 2 (1.83%) Cisco IOS
4 2 (1.83%) DHCP
4 2 (1.83%) DNS
4 2 (1.83%) LAN
4 2 (1.83%) WAN
5 1 (0.92%) BGP
5 1 (0.92%) F5 BIG-IP LTM
5 1 (0.92%) FIX Connectivity
5 1 (0.92%) Multicast
5 1 (0.92%) Network Security
5 1 (0.92%) OSPF
5 1 (0.92%) PuTTY
5 1 (0.92%) SAN
5 1 (0.92%) SD-WAN
Database & Business Intelligence
1 23 (21.10%) Apache Ignite
2 4 (3.67%) MongoDB
3 3 (2.75%) NoSQL
3 3 (2.75%) SQL Server
4 2 (1.83%) Data Mart
4 2 (1.83%) RDBMS
4 2 (1.83%) Relational Database
4 2 (1.83%) SQL Server Integration Services
4 2 (1.83%) SQL Server Reporting Services
5 1 (0.92%) DTS
5 1 (0.92%) KDB
5 1 (0.92%) Redis
5 1 (0.92%) Tick Data
Development Applications
1 14 (12.84%) JIRA
2 12 (11.01%) Git (software)
3 11 (10.09%) Bitbucket
4 10 (9.17%) Artifactory
5 3 (2.75%) Jenkins
5 3 (2.75%) TeamCity
6 1 (0.92%) Gradle
6 1 (0.92%) InstallShield
6 1 (0.92%) MSI
6 1 (0.92%) SonarQube
General
1 74 (67.89%) Finance
2 58 (53.21%) Front Office
3 22 (20.18%) Back Office
3 22 (20.18%) Banking
4 9 (8.26%) Investment Banking
5 1 (0.92%) Financial Institution
5 1 (0.92%) Legal
Job Titles
1 38 (34.86%) Developer
2 27 (24.77%) Analyst
3 23 (21.10%) Developer/Software Engineer
3 23 (21.10%) Software Engineer
4 16 (14.68%) Business Analyst
5 14 (12.84%) Data Analyst
6 12 (11.01%) Business Manager
6 12 (11.01%) Software Developer
6 12 (11.01%) SQL Analyst
6 12 (11.01%) SQL Data Analyst
7 11 (10.09%) Python Developer
7 11 (10.09%) Python Engineer
7 11 (10.09%) Python Software Engineer
8 10 (9.17%) Data Business Analyst
8 10 (9.17%) Data Manager
9 8 (7.34%) Support Engineer
10 6 (5.50%) Data Engineer
10 6 (5.50%) Market Data Engineer
10 6 (5.50%) Market Data Support Engineer
11 4 (3.67%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 25 (22.94%) FIX Protocol
1 25 (22.94%) React
2 23 (21.10%) gRPC
2 23 (21.10%) Node.js
2 23 (21.10%) Protocol Buffers
2 23 (21.10%) Web Services
3 10 (9.17%) XML
4 5 (4.59%) Software Packaging
5 4 (3.67%) .NET
5 4 (3.67%) Middleware
6 3 (2.75%) AngularJS
7 2 (1.83%) .NET Core
7 2 (1.83%) JMS
7 2 (1.83%) Murex MxML
7 2 (1.83%) Redux
7 2 (1.83%) Vue.js
8 1 (0.92%) Flash
8 1 (0.92%) Pandas
8 1 (0.92%) RabbitMQ
8 1 (0.92%) Rendezvous
Miscellaneous
1 44 (40.37%) Fixed Income
2 39 (35.78%) Equities
3 38 (34.86%) Derivative
4 14 (12.84%) Hedge funds
5 13 (11.93%) Reference Data
6 11 (10.09%) Foreign Exchange (FX)
7 10 (9.17%) SWIFT
8 8 (7.34%) Analytical Skills
9 5 (4.59%) Client/Server
10 3 (2.75%) Market Risk
11 2 (1.83%) Eurex
12 1 (0.92%) Blackberry
12 1 (0.92%) Credit Risk
12 1 (0.92%) OTC Derivatives
12 1 (0.92%) Public Cloud
12 1 (0.92%) User Experience
12 1 (0.92%) Video Conferencing
Operating Systems
1 14 (12.84%) Unix
2 13 (11.93%) Windows
3 11 (10.09%) Linux
4 7 (6.42%) Windows Server
5 6 (5.50%) Red Hat Enterprise Linux
6 5 (4.59%) Windows 7
7 4 (3.67%) Mac OS
7 4 (3.67%) Windows 10
8 3 (2.75%) Apple iOS
8 3 (2.75%) Windows Server 2008
9 2 (1.83%) Windows Server 2012
9 2 (1.83%) Windows Server 2016
10 1 (0.92%) Android
10 1 (0.92%) Windows 8
10 1 (0.92%) Windows XP
Processes & Methodologies
1 42 (38.53%) Asset Management
2 39 (35.78%) Investment Management
3 33 (30.28%) Software Engineering
4 23 (21.10%) Performance Attribution
5 16 (14.68%) Business Analysis
6 12 (11.01%) Agile Software Development
6 12 (11.01%) Fund Management
7 11 (10.09%) Scenario Testing
7 11 (10.09%) SDLC
8 10 (9.17%) Test Automation
9 8 (7.34%) Electronic Trading
10 6 (5.50%) Problem-Solving
11 5 (4.59%) Software Distribution
12 4 (3.67%) DevOps
12 4 (3.67%) Incident Management
12 4 (3.67%) Project Management
12 4 (3.67%) Stakeholder Management
13 3 (2.75%) Portfolio Management
13 3 (2.75%) System Integration Testing
13 3 (2.75%) User Acceptance Testing
Programming Languages
1 49 (44.95%) Python
2 28 (25.69%) Java
3 23 (21.10%) JavaScript
3 23 (21.10%) Kotlin
3 23 (21.10%) SQL
4 18 (16.51%) C#
5 13 (11.93%) C++
6 12 (11.01%) Scala
7 5 (4.59%) PowerShell
8 4 (3.67%) Perl
9 3 (2.75%) Shell Script
9 3 (2.75%) T-SQL
9 3 (2.75%) VBA
10 1 (0.92%) Java 8
10 1 (0.92%) VBScript
Qualifications
1 4 (3.67%) Degree
2 1 (0.92%) ISTQB
2 1 (0.92%) ITIL Certification
2 1 (0.92%) Microsoft Certification
Quality Assurance & Compliance
1 1 (0.92%) QA
1 1 (0.92%) SLA
System Software
1 24 (22.02%) Docker
2 8 (7.34%) Active Directory
3 2 (1.83%) VMware Infrastructure
4 1 (0.92%) Hyper-V
4 1 (0.92%) VMware ESXi
4 1 (0.92%) vSphere
Systems Management
1 23 (21.10%) Kubernetes
1 23 (21.10%) Terraform
2 5 (4.59%) SCCM
3 2 (1.83%) Jamf Pro
3 2 (1.83%) Systems Management Server (SMS)
4 1 (0.92%) AirWatch
4 1 (0.92%) Ansible
4 1 (0.92%) Backup Exec
4 1 (0.92%) Consul
4 1 (0.92%) Control-M
4 1 (0.92%) Microsoft Intune
4 1 (0.92%) RSA Archer
4 1 (0.92%) Thomson Reuters DACS
4 1 (0.92%) WhatsUp Gold
Vendors
1 22 (20.18%) Reuters
2 9 (8.26%) Citrix
2 9 (8.26%) ION Trading
3 8 (7.34%) Refinitiv
4 7 (6.42%) Red Hat
5 6 (5.50%) Cisco
6 5 (4.59%) FactSet
6 5 (4.59%) Microsoft
6 5 (4.59%) Murex
6 5 (4.59%) Tradeweb
7 4 (3.67%) Oracle
7 4 (3.67%) Solace
8 3 (2.75%) eSpeed
8 3 (2.75%) MarketAxess
8 3 (2.75%) VMware
9 2 (1.83%) Apple
9 2 (1.83%) Charles River
9 2 (1.83%) Fidessa
9 2 (1.83%) IBM
9 2 (1.83%) Informatica