Period
to 23 April 2018

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for RMDS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RMDS over the 6 months to 23 April 2018 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.

Reuters Market Data System (RMDS)
England > London
6 months to
23 Apr 2018
Same period 2017 Same period 2016
Rank 599 532 547
Rank change year-on-year -67 +15 -10
Contract jobs citing RMDS 36 49 49
As % of all contract IT jobs advertised in London 0.078% 0.12% 0.11%
As % of the Business Applications category 1.15% 1.55% 1.45%
Number of daily rates quoted 36 43 42
London median daily rate £375 £650 £600
Median daily rate % change year-on-year -42.31% +8.33% +9.09%
10th Percentile £313 £543 £350
90th Percentile £575 £740 £649
England median daily rate £380 £650 £600
% change year-on-year -41.54% +8.33% +9.09%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

RMDS is in the Business Applications category. The following 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.

All Business Application Skills
London
Contract vacancies with a requirement for business application skills 3,117 3,165 3,379
As % of all contract IT jobs advertised in London 6.76% 7.89% 7.68%
Number of daily rates quoted 2,004 2,070 2,118
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -5.26%
10th Percentile £325 £313 £300
90th Percentile £688 £650 £639
England median daily rate £475 £450 £438
% change year-on-year +5.56% +2.86% -
Number of hourly rates quoted 19 24 22
London median hourly rate £29.15 £29.38 £25.50
Median hourly rate % change year-on-year -0.78% +15.22% -40.00%
10th Percentile £16.00 £10.90 £16.13
90th Percentile £68.41 £120.00 £100.00
England median hourly rate £24.50 £31.00 £29.50
% change year-on-year -20.97% +5.08% +45.68%

RMDS
Job Vacancy Trend in London

Job postings citing RMDS as a percentage of all IT jobs advertised in London.

Job vacancy trend for RMDS in London

RMDS
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for RMDS in London

RMDS
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing RMDS in London over the 6 months to 23 April 2018.

Contractor daily rate histogram for RMDS in London

RMDS
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for RMDS in London

RMDS
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 RMDS within the London region over the 6 months to 23 April 2018. 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 -36 13 £375 -42.31%
RMDS
England

For the 6 months to 23 April 2018, IT contractor jobs citing RMDS 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 RMDS.

1 28 (77.78%) Reuters
2 18 (50.00%) Cisco
3 17 (47.22%) Bloomberg
3 17 (47.22%) SSL
3 17 (47.22%) HP
3 17 (47.22%) Dell
3 17 (47.22%) Citrix
3 17 (47.22%) VMware
3 17 (47.22%) Microsoft App-V
3 17 (47.22%) SCCM
3 17 (47.22%) Change Control
4 16 (44.44%) Finance
4 16 (44.44%) Active Directory
4 16 (44.44%) MS Exchange
5 14 (38.89%) Banking
6 13 (36.11%) Service Management
7 12 (33.33%) Change Management
7 12 (33.33%) Project Management
7 12 (33.33%) Unix
7 12 (33.33%) Problem Management
8 11 (30.56%) Front Office
9 10 (27.78%) Windows
9 10 (27.78%) TCP/IP
10 9 (25.00%) Foreign Exchange (FX)
11 8 (22.22%) Python
11 8 (22.22%) Linux
11 8 (22.22%) Electronic Trading
12 7 (19.44%) Algorithmic Trading
12 7 (19.44%) FIX Protocol
13 6 (16.67%) Fixed Income

RMDS
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 16 (44.44%) MS Exchange
Applications
1 4 (11.11%) Microsoft Excel
1 4 (11.11%) Spreadsheet
Business Applications
1 4 (11.11%) Orchestrade
2 2 (5.56%) ION MarketView
Communications & Networking
1 17 (47.22%) SSL
2 10 (27.78%) TCP/IP
3 6 (16.67%) LAN
3 6 (16.67%) Multicast
4 5 (13.89%) Cisco IOS
4 5 (13.89%) DHCP
4 5 (13.89%) DNS
4 5 (13.89%) Extranet
4 5 (13.89%) Firewall
4 5 (13.89%) Internet
4 5 (13.89%) OSPF
Database & Business Intelligence
1 5 (13.89%) SQL Server
Development Applications
1 1 (2.78%) Git (software)
1 1 (2.78%) Jenkins
General
1 16 (44.44%) Finance
2 14 (38.89%) Banking
3 11 (30.56%) Front Office
4 6 (16.67%) Investment Banking
5 2 (5.56%) Telecoms
Job Titles
1 14 (38.89%) Analyst
2 13 (36.11%) Senior Analyst
3 10 (27.78%) Service Analyst
3 10 (27.78%) Service Management Analyst
4 5 (13.89%) Developer
5 4 (11.11%) Excel Developer
5 4 (11.11%) Excel VBA Developer
5 4 (11.11%) Network Engineer
5 4 (11.11%) Support Analyst
5 4 (11.11%) VBA Developer
6 3 (8.33%) 3rd Line Engineer
6 3 (8.33%) Deployment Engineer
6 3 (8.33%) Front Office Developer
6 3 (8.33%) Network Deployment Engineer
6 3 (8.33%) Senior Support Analyst
7 2 (5.56%) 2nd/3rd Line Support
7 2 (5.56%) 2nd/3rd Line Support Engineer
7 2 (5.56%) Cisco Engineer
7 2 (5.56%) Cisco Network Engineer
7 2 (5.56%) Desktop Support Engineer
Libraries, Frameworks & Software Standards
1 7 (19.44%) FIX Protocol
2 5 (13.89%) Rendezvous
3 1 (2.78%) Ajax
3 1 (2.78%) HTML
3 1 (2.78%) HTML5
3 1 (2.78%) Kafka
3 1 (2.78%) Protocol Buffers
3 1 (2.78%) SOAP
3 1 (2.78%) STL
3 1 (2.78%) Web Services
3 1 (2.78%) WebSockets
3 1 (2.78%) XML
Miscellaneous
1 9 (25.00%) Foreign Exchange (FX)
2 6 (16.67%) Fixed Income
3 5 (13.89%) Eurex
4 4 (11.11%) Derivative
4 4 (11.11%) e-Health
5 3 (8.33%) Computer Science
5 3 (8.33%) Data Centre
6 2 (5.56%) Analytical Skills
7 1 (2.78%) Algorithms
7 1 (2.78%) Fintech
Operating Systems
1 12 (33.33%) Unix
2 10 (27.78%) Windows
3 8 (22.22%) Linux
Processes & Methodologies
1 17 (47.22%) Change Control
2 13 (36.11%) Service Management
3 12 (33.33%) Change Management
3 12 (33.33%) Problem Management
3 12 (33.33%) Project Management
4 8 (22.22%) Electronic Trading
5 7 (19.44%) Algorithmic Trading
6 6 (16.67%) Low Latency
6 6 (16.67%) Market Making
7 5 (13.89%) Network Design
8 4 (11.11%) ITIL
8 4 (11.11%) Risk Management
9 2 (5.56%) Multithreading
9 2 (5.56%) RAD
9 2 (5.56%) Risk Analysis
10 1 (2.78%) E-Commerce
10 1 (2.78%) ITIL V3
10 1 (2.78%) OOD
10 1 (2.78%) OOP
10 1 (2.78%) PRINCE2
Programming Languages
1 8 (22.22%) Python
2 4 (11.11%) VBA
3 3 (8.33%) Java
3 3 (8.33%) Perl
4 2 (5.56%) C++
4 2 (5.56%) SQL
5 1 (2.78%) C
5 1 (2.78%) JavaScript
5 1 (2.78%) PHP
5 1 (2.78%) PowerShell
5 1 (2.78%) Shell Script
Qualifications
1 2 (5.56%) CCIE
1 2 (5.56%) CCNA
1 2 (5.56%) CCNP
1 2 (5.56%) Cisco Certification
1 2 (5.56%) Degree
2 1 (2.78%) PMP
Quality Assurance & Compliance
1 1 (2.78%) MiFID
System Software
1 17 (47.22%) Microsoft App-V
2 16 (44.44%) Active Directory
3 1 (2.78%) VMware Infrastructure
Systems Management
1 17 (47.22%) SCCM
2 1 (2.78%) Ansible
2 1 (2.78%) Thomson Reuters DACS
Vendors
1 28 (77.78%) Reuters
2 18 (50.00%) Cisco
3 17 (47.22%) Bloomberg
3 17 (47.22%) Citrix
3 17 (47.22%) Dell
3 17 (47.22%) HP
3 17 (47.22%) VMware
4 6 (16.67%) Oracle
5 5 (13.89%) CheckPoint
5 5 (13.89%) TIBCO
6 4 (11.11%) Currenex
6 4 (11.11%) FXall
7 3 (8.33%) Arista
7 3 (8.33%) ION Trading
8 1 (2.78%) Sybase