The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Loan IQ skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Loan IQ over the 3 months to 24 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.

Misys Loan IQ
England / London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 405 426 415
Rank change year-on-year +21 -11  
Contract jobs citing Loan IQ 7 2 7
As % of all contract IT jobs advertised in London 0.034% 0.009% 0.030%
As % of the Business Applications category 0.43% 0.12% 0.34%
Number of daily rates quoted 3 1 3
Median daily rate £500 £513 £550
Median daily rate % change year-on-year -2.43% -6.81%  
90% offered a daily rate of more than £440 £513 £500
10% offered a daily rate of more than £560 £513 £570
UK excluding London median daily rate - - £375
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Loan IQ 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 London with a requirement for business application skills.

Contract Business Application Skills
London
Contract job vacancies with a requirement for business application skills 1612 1602 2086
As % of all contract IT job vacancies advertised in London 7.89% 7.39% 8.91%
Number of daily rates quoted 1040 1085 1323
Median daily rate £475 £463 £475
Median daily rate % change year-on-year +2.70% -2.63%  
90% offered a daily rate of more than £338 £300 £316
10% offered a daily rate of more than £650 £622 £625
UK excluding London median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03%  
Number of hourly rates quoted 22 10 17
Median hourly rate £27.00 £22.50 £18.00
Median hourly rate % change year-on-year +20.00% +25.00%  
90% offered a hourly rate of more than £15.40 £16.75 £14.80
10% offered a hourly rate of more than £162.50 £42.33 £44.50
UK excluding London median hourly rate £32.50 £35.00 £22.50
% change year-on-year -7.14% +55.55%  

Loan IQ
Job Vacancy Trend in London

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

Job vacancy trend for Loan IQ in London

Loan IQ
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Loan IQ in London

Loan IQ
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Loan IQ in London over the 3 months to 24 June 2017.

Contractor daily rate histogram for Loan IQ in London

Loan IQ
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Loan IQ in London

For the 6 months to 24 June 2017, IT contractor jobs citing Loan IQ 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 Loan IQ.

1 21 (70.00%) Banking
2 14 (46.67%) Finance
3 11 (36.67%) Test Scripting
4 10 (33.33%) Data Modelling
5 9 (30.00%) Java
5 9 (30.00%) QA
5 9 (30.00%) Analytical Skills
6 8 (26.67%) FLEXCUBE
6 8 (26.67%) Wholesale Banking
6 8 (26.67%) SQL
7 6 (20.00%) DB2
8 5 (16.67%) Misys
8 5 (16.67%) Investment Banking
9 4 (13.33%) Derivative
9 4 (13.33%) Murex
9 4 (13.33%) Oracle
9 4 (13.33%) Foreign Exchange (FX)
10 3 (10.00%) Workflow
10 3 (10.00%) Regression Testing
10 3 (10.00%) Front Office
10 3 (10.00%) Data Management
10 3 (10.00%) Murex Flex
10 3 (10.00%) Data Mart
10 3 (10.00%) Test Automation
10 3 (10.00%) Murex MxML
10 3 (10.00%) Waterfall
10 3 (10.00%) Project Governance
11 2 (6.67%) Mentoring
11 2 (6.67%) Wallstreet Suite
11 2 (6.67%) Business Analysis

Loan IQ
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 2 (6.67%) MQSeries
Business Applications
1 8 (26.67%) FLEXCUBE
2 1 (3.33%) Global One
2 1 (3.33%) HFM
Communications & Networking
1 1 (3.33%) FTP
Database & Business Intelligence
1 6 (20.00%) DB2
2 3 (10.00%) Data Mart
3 1 (3.33%) Big Data
3 1 (3.33%) Data Mining
Development Applications
1 1 (3.33%) JUnit
1 1 (3.33%) Maven
1 1 (3.33%) Subversion
General
1 21 (70.00%) Banking
2 14 (46.67%) Finance
3 8 (26.67%) Wholesale Banking
4 5 (16.67%) Investment Banking
5 3 (10.00%) Front Office
6 2 (6.67%) Back Office
6 2 (6.67%) General Ledger
7 1 (3.33%) Financial Institution
Job Titles
1 19 (63.33%) Analyst
1 19 (63.33%) Business Analyst
2 10 (33.33%) Developer
3 7 (23.33%) Banking Analyst
4 6 (20.00%) Banking Business Analyst
5 4 (13.33%) Java Developer
6 3 (10.00%) Murex Analyst
6 3 (10.00%) Murex Business Analyst
7 2 (6.67%) Back Office Business Analyst
7 2 (6.67%) Business Systems Analyst
8 1 (3.33%) C# Developer
8 1 (3.33%) Finance Business Analyst
8 1 (3.33%) Financial Analyst
8 1 (3.33%) Investment Banking Business Analyst
8 1 (3.33%) SQL Developer
Libraries, Frameworks & Software Standards
1 3 (10.00%) Murex Flex
1 3 (10.00%) Murex MxML
2 1 (3.33%) JPA
2 1 (3.33%) Spring
Miscellaneous
1 9 (30.00%) Analytical Skills
2 4 (13.33%) Derivative
2 4 (13.33%) Foreign Exchange (FX)
3 2 (6.67%) Client/Server
4 1 (3.33%) Computer Science
4 1 (3.33%) Equities
Operating Systems
1 2 (6.67%) Linux
1 2 (6.67%) Unix
Processes & Methodologies
1 11 (36.67%) Test Scripting
2 10 (33.33%) Data Modelling
3 3 (10.00%) Data Management
3 3 (10.00%) Project Governance
3 3 (10.00%) Regression Testing
3 3 (10.00%) Test Automation
3 3 (10.00%) Waterfall
3 3 (10.00%) Workflow
4 2 (6.67%) Agile Software Development
4 2 (6.67%) Business Analysis
4 2 (6.67%) Data Analysis
4 2 (6.67%) Mentoring
5 1 (3.33%) Mathematics
5 1 (3.33%) Physics
5 1 (3.33%) Stakeholder Management
5 1 (3.33%) User Acceptance Testing
5 1 (3.33%) Validation
Programming Languages
1 9 (30.00%) Java
2 8 (26.67%) SQL
3 2 (6.67%) C#
3 2 (6.67%) Perl
4 1 (3.33%) PL/SQL
Qualifications
1 1 (3.33%) Degree
1 1 (3.33%) Master's Degree
Quality Assurance & Compliance
1 9 (30.00%) QA
2 1 (3.33%) Dodd-Frank
2 1 (3.33%) EMIR
2 1 (3.33%) FATCA
2 1 (3.33%) IFRS
2 1 (3.33%) IFRS 9
2 1 (3.33%) MiFID
Systems Management
1 1 (3.33%) HP Quality Center
Vendors
1 5 (16.67%) Misys
2 4 (13.33%) Murex
2 4 (13.33%) Oracle
3 2 (6.67%) Wallstreet Suite
4 1 (3.33%) Hyperion
4 1 (3.33%) PeopleSoft