The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of FactSet products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FactSet over the 3 months to 24 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within FactSet Research Systems, Inc.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
FactSet
England / London
Rank 392 413 395
Rank change year-on-year +21 -18  
Contract jobs citing FactSet 8 15 14
As % of all contract IT jobs advertised in London 0.041% 0.068% 0.067%
As % of the Vendors category 0.097% 0.17% 0.15%
Number of daily rates quoted 6 13 8
Median daily rate £538 £330 £463
Median daily rate % change year-on-year +62.87% -28.64%  
90% offered a daily rate of more than £383 £199 £328
10% offered a daily rate of more than £625 £354 £700
UK excluding London median daily rate - £100 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FactSet is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in London.

Contract Vendor Product & Service Skills
London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 8223 9067 9381
As % of all contract IT job vacancies advertised in London 42.24% 41.12% 44.72%
Number of daily rates quoted 5511 6040 6050
Median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88%  
90% offered a daily rate of more than £300 £275 £260
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 108 134 202
Median hourly rate £22.34 £21.34 £19.02
Median hourly rate % change year-on-year +4.66% +12.22%  
90% offered a hourly rate of more than £14.00 £11.00 £13.09
10% offered a hourly rate of more than £50.00 £45.00 £50.00
UK excluding London median hourly rate £16.50 £19.50 £17.00
% change year-on-year -15.36% +14.67%  

FactSet
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing FactSet as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for FactSet in London

FactSet
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for FactSet in London

FactSet
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing FactSet in London over the 3 months to 24 March 2017.

Contractor daily rate histogram for FactSet in London

FactSet
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing FactSet in London.

Contractor hourly rate trend for FactSet in London

FactSet
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 FactSet within the London region over the 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +2 2 £613 +87.02% 1
Canary Wharf - 1 £240 -
FactSet
England

FactSet
Top 30 Related IT Skills in London

For the 6 months to 24 March 2017, IT contractor jobs citing FactSet 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 London region with a requirement for FactSet.

1 14 (87.50%) Bloomberg
2 11 (68.75%) Finance
3 7 (43.75%) SQL
4 6 (37.50%) Windows
4 6 (37.50%) Asset Management
4 6 (37.50%) Windows 7
5 5 (31.25%) Banking
5 5 (31.25%) Python
5 5 (31.25%) Active Directory
5 5 (31.25%) Fixed Income
6 4 (25.00%) Microsoft
6 4 (25.00%) Reuters
6 4 (25.00%) MS Office
6 4 (25.00%) C#
6 4 (25.00%) .NET
6 4 (25.00%) Oracle
7 3 (18.75%) Investment Management
7 3 (18.75%) SQL Server
7 3 (18.75%) Linux
7 3 (18.75%) PL/SQL
7 3 (18.75%) Fidessa
7 3 (18.75%) Unix
7 3 (18.75%) StatPro
7 3 (18.75%) Front Office
7 3 (18.75%) Equities
7 3 (18.75%) VMware
7 3 (18.75%) Performance Attribution
8 2 (12.50%) FINCAD Analytics
8 2 (12.50%) Windows 10
8 2 (12.50%) Windows Server

FactSet
Top Related 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 2 (12.50%) Exchange Server 2010
1 2 (12.50%) MS Exchange
2 1 (6.25%) Blackberry Enterprise Server
2 1 (6.25%) Exchange Server 2007
2 1 (6.25%) IBM Notes
2 1 (6.25%) SharePoint
Applications
1 4 (25.00%) MS Office
2 2 (12.50%) MS Excel
Business Applications
1 2 (12.50%) Eikon
1 2 (12.50%) FINCAD Analytics
2 1 (6.25%) Sylvan
Cloud Services
1 2 (12.50%) SaaS
2 1 (6.25%) Amazon AWS
2 1 (6.25%) Azure Active Directory
2 1 (6.25%) IaaS
2 1 (6.25%) Microsoft Azure
2 1 (6.25%) Office 365
2 1 (6.25%) OneDrive
2 1 (6.25%) PaaS
Communications & Networking
1 2 (12.50%) DHCP
1 2 (12.50%) DNS
1 2 (12.50%) TCP/IP
2 1 (6.25%) Firewall
2 1 (6.25%) LAN
2 1 (6.25%) Remote Desktop
2 1 (6.25%) WAN
Database & Business Intelligence
1 3 (18.75%) SQL Server
2 2 (12.50%) Data Warehouse
2 2 (12.50%) Oracle Database
2 2 (12.50%) Oracle Database 12c
2 2 (12.50%) Oracle Exadata
2 2 (12.50%) SQL Server 2008
General
1 11 (68.75%) Finance
2 5 (31.25%) Banking
3 3 (18.75%) Front Office
4 2 (12.50%) Investment Banking
5 1 (6.25%) Back Office
5 1 (6.25%) Financial Institution
5 1 (6.25%) Marketing
Job Titles
1 8 (50.00%) Analyst
2 6 (37.50%) Developer
3 5 (31.25%) Support Analyst
4 4 (25.00%) Desktop Analyst
4 4 (25.00%) Desktop Support
4 4 (25.00%) Python Developer
4 4 (25.00%) SQL Developer
5 3 (18.75%) Desktop Support Analyst
6 2 (12.50%) Business Consultant
6 2 (12.50%) C# Developer
6 2 (12.50%) Consultant
6 2 (12.50%) Front Office Developer
6 2 (12.50%) Oracle Developer
6 2 (12.50%) Performance Consultant
6 2 (12.50%) PL/SQL Developer
6 2 (12.50%) Quantitative Developer
6 2 (12.50%) Senior Business Consultant
6 2 (12.50%) Senior Consultant
6 2 (12.50%) Senior Performance Consultant
6 2 (12.50%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 4 (25.00%) .NET
2 1 (6.25%) FIX Protocol
Miscellaneous
1 5 (31.25%) Fixed Income
2 3 (18.75%) Equities
3 2 (12.50%) Derivative
4 1 (6.25%) Analytical Skills
4 1 (6.25%) Blackberry
4 1 (6.25%) Fintech
4 1 (6.25%) Market Risk
4 1 (6.25%) Video Conferencing
Operating Systems
1 6 (37.50%) Windows
1 6 (37.50%) Windows 7
2 3 (18.75%) Linux
2 3 (18.75%) Unix
3 2 (12.50%) Windows 10
3 2 (12.50%) Windows Server
3 2 (12.50%) Windows Server 2008
3 2 (12.50%) Windows Server 2012
4 1 (6.25%) Windows 8
Processes & Methodologies
1 6 (37.50%) Asset Management
2 3 (18.75%) Investment Management
2 3 (18.75%) Performance Attribution
3 2 (12.50%) Mathematics
3 2 (12.50%) RAD
4 1 (6.25%) Analytics
4 1 (6.25%) Configuration Management
4 1 (6.25%) Data Transformation
4 1 (6.25%) ITIL
4 1 (6.25%) Mobile Device Management
4 1 (6.25%) Multi-Factor Authentication
4 1 (6.25%) Process Improvement
4 1 (6.25%) Release Management
4 1 (6.25%) Server Monitoring
4 1 (6.25%) Software Delivery
4 1 (6.25%) Statistics
4 1 (6.25%) Two-Factor Authentication
Programming Languages
1 7 (43.75%) SQL
2 5 (31.25%) Python
3 4 (25.00%) C#
4 3 (18.75%) PL/SQL
5 2 (12.50%) MATLAB
5 2 (12.50%) VBA
6 1 (6.25%) Java
6 1 (6.25%) PowerShell
6 1 (6.25%) VB
6 1 (6.25%) VBScript
Qualifications
1 2 (12.50%) Microsoft Certification
2 1 (6.25%) CFA
2 1 (6.25%) Degree
2 1 (6.25%) HND
2 1 (6.25%) ITIL Certification
2 1 (6.25%) MCP
2 1 (6.25%) MCSA
2 1 (6.25%) MCSE
Quality Assurance & Compliance
1 1 (6.25%) SLA
System Software
1 5 (31.25%) Active Directory
2 2 (12.50%) VMware Infrastructure
3 1 (6.25%) Virtual Servers
3 1 (6.25%) vSphere
3 1 (6.25%) XenApp
3 1 (6.25%) XenDesktop
Systems Management
1 2 (12.50%) Control-M
2 1 (6.25%) AirWatch
2 1 (6.25%) Microsoft Intune
2 1 (6.25%) Norton AntiVirus
2 1 (6.25%) Symantec Enterprise Vault
2 1 (6.25%) XenMobile
Vendors
1 14 (87.50%) Bloomberg
2 4 (25.00%) Microsoft
2 4 (25.00%) Oracle
2 4 (25.00%) Reuters
3 3 (18.75%) Fidessa
3 3 (18.75%) StatPro
3 3 (18.75%) VMware
4 2 (12.50%) Citrix
4 2 (12.50%) Symantec
5 1 (6.25%) Advent
5 1 (6.25%) Avaya
5 1 (6.25%) BISAM
5 1 (6.25%) Lotus
5 1 (6.25%) Remedy
5 1 (6.25%) Sybase