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

Fidessa LatentZero Minerva
England / London
3 months to
23 Apr 2017
Same period 2016 Same period 2015
Rank 408 442 414
Rank change year-on-year +34 -28  
Contract jobs citing Minerva 5 2 6
As % of all contract IT jobs advertised in London 0.024% 0.009% 0.027%
As % of the Business Applications category 0.32% 0.11% 0.31%
Number of daily rates quoted 4 1 6
Median daily rate £368 £625 £550
Median daily rate % change year-on-year -41.20% +13.58%  
90% offered a daily rate of more than £360 £625 £525
10% offered a daily rate of more than £395 £625 £700
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Minerva 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 1567 1844 1908
As % of all contract IT job vacancies advertised in London 7.65% 7.96% 8.52%
Number of daily rates quoted 1023 1212 1217
Median daily rate £474 £450 £475
Median daily rate % change year-on-year +5.33% -5.26%  
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £625 £601 £650
UK excluding London median daily rate £450 £421 £425
% change year-on-year +7.01% -1.05%  
Number of hourly rates quoted 17 11 9
Median hourly rate £35.00 £26.00 £30.00
Median hourly rate % change year-on-year +34.61% -13.33%  
90% offered a hourly rate of more than £15.40 £18.03 £14.80
10% offered a hourly rate of more than £89.40 £51.40 £64.00
UK excluding London median hourly rate £37.77 £22.50 £29.42
% change year-on-year +67.86% -23.50%  

Minerva
Job Vacancy Trend in London

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

Job vacancy trend for Minerva in London

Minerva
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Minerva in London

Minerva
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 Minerva within the London region over the 3 months to 23 April 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 +4 3 £360 -42.40%
Minerva
England

For the 6 months to 23 April 2017, IT contractor jobs citing Minerva 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 Minerva.

1 13 (86.67%) SQL
2 11 (73.33%) Front Office
2 11 (73.33%) Finance
2 11 (73.33%) SimCorp
2 11 (73.33%) SimCorp Dimension
3 10 (66.67%) Investment Management
4 9 (60.00%) Asset Management
4 9 (60.00%) Equities
4 9 (60.00%) Fixed Income
4 9 (60.00%) Fidessa
5 6 (40.00%) XML
6 5 (33.33%) Foreign Exchange (FX)
6 5 (33.33%) Derivative
7 4 (26.67%) FIX Connectivity
7 4 (26.67%) Fund Management
7 4 (26.67%) Sentinel
7 4 (26.67%) FIX Protocol
7 4 (26.67%) Migration
8 2 (13.33%) Collateral Management
8 2 (13.33%) Tesseract
8 2 (13.33%) OTC Derivatives
8 2 (13.33%) Management Information System
8 2 (13.33%) Global One
8 2 (13.33%) OO
8 2 (13.33%) Degree
8 2 (13.33%) Credit Derivative
8 2 (13.33%) LatentZero
9 1 (6.67%) Information Security
9 1 (6.67%) Capstone
9 1 (6.67%) Banking

Minerva
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:

Business Applications
1 11 (73.33%) SimCorp Dimension
2 4 (26.67%) Sentinel
3 2 (13.33%) Global One
3 2 (13.33%) LatentZero
3 2 (13.33%) Tesseract
4 1 (6.67%) Capstone
Communications & Networking
1 4 (26.67%) FIX Connectivity
General
1 11 (73.33%) Finance
1 11 (73.33%) Front Office
2 1 (6.67%) Back Office
2 1 (6.67%) Banking
2 1 (6.67%) French Language
2 1 (6.67%) Investment Banking
Job Titles
1 12 (80.00%) Analyst
2 7 (46.67%) Support Analyst
3 5 (33.33%) Asset Management Analyst
3 5 (33.33%) Business Analyst
3 5 (33.33%) Business Support Analyst
4 4 (26.67%) Applications Support
4 4 (26.67%) FIX Analyst
4 4 (26.67%) FIX Business Analyst
5 3 (20.00%) Fidessa Analyst
5 3 (20.00%) Fidessa Support
5 3 (20.00%) Fidessa Support Analyst
6 2 (13.33%) Applications Support Analyst
6 2 (13.33%) Functional Analyst
6 2 (13.33%) Functional Business Analyst
6 2 (13.33%) SimCorp Analyst
6 2 (13.33%) SimCorp Business Analyst
7 1 (6.67%) Business Consultant
7 1 (6.67%) Consultant
7 1 (6.67%) Functional Consultant
7 1 (6.67%) Investment Management Business Analyst
Libraries, Frameworks & Software Standards
1 6 (40.00%) XML
2 4 (26.67%) FIX Protocol
Miscellaneous
1 9 (60.00%) Equities
1 9 (60.00%) Fixed Income
2 5 (33.33%) Derivative
2 5 (33.33%) Foreign Exchange (FX)
3 2 (13.33%) Credit Derivative
3 2 (13.33%) Management Information System
3 2 (13.33%) OTC Derivatives
Processes & Methodologies
1 10 (66.67%) Investment Management
2 9 (60.00%) Asset Management
3 4 (26.67%) Fund Management
3 4 (26.67%) Migration
4 2 (13.33%) Collateral Management
4 2 (13.33%) OO
5 1 (6.67%) Change Management
5 1 (6.67%) Information Security
5 1 (6.67%) Internal Audit
5 1 (6.67%) Line Management
5 1 (6.67%) Performance Management
Programming Languages
1 13 (86.67%) SQL
Qualifications
1 2 (13.33%) Degree
Vendors
1 11 (73.33%) SimCorp
2 9 (60.00%) Fidessa