The following table provides summary statistics for contract job vacancies with a requirement for LatentZero skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited LatentZero over the 3 months to 27 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Fidessa LatentZero
UK
Rank 578 637 619
Rank change year-on-year +59 -18  
Contract jobs citing LatentZero 5 3 12
As % of all contract IT jobs advertised in the UK 0.011% 0.006% 0.022%
As % of the Business Applications category 0.13% 0.071% 0.25%
Number of daily rates quoted 5 3 12
Median daily rate £625 £600 £563
Median daily rate % change year-on-year +4.16% +6.61%  
90% offered a daily rate of more than £425 £400 £453
10% offered a daily rate of more than £800 £620 £723
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

LatentZero 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 with a requirement for business application skills.

Contract Business Application Skills
UK
Contract job vacancies with a requirement for business application skills 3828 4251 4712
As % of all contract IT job vacancies advertised in the UK 8.52% 7.99% 8.72%
Number of daily rates quoted 2316 2561 2635
Median daily rate £450 £435 £450
Median daily rate % change year-on-year +3.44% -3.33%  
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 48 49 40
Median hourly rate £39.00 £27.50 £30.00
Median hourly rate % change year-on-year +41.81% -8.33%  
90% offered a hourly rate of more than £15.92 £10.80 £13.00
10% offered a hourly rate of more than £65.00 £64.75 £60.00
UK excluding London median hourly rate £39.00 £27.50 £17.50
% change year-on-year +41.81% +57.14%  

LatentZero
Job Vacancy Trend

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

Job vacancy trend for LatentZero in the UK

LatentZero
Contractor Daily Rate Trend

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

Contractor daily rate trend for LatentZero in the UK

LatentZero
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing LatentZero over the 3 months to 27 March 2017.

Contractor daily rate histogram for LatentZero in the UK

LatentZero
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for LatentZero in the UK

LatentZero
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing LatentZero within the UK over the 3 months to 27 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
England +51 5 £625 +4.16% 1
London +35 5 £625 +4.16% 1
City of London +2 1 £625 +2.04% 1

LatentZero
Top 30 Related IT Skills

For the 6 months to 27 March 2017, IT contractor jobs citing LatentZero also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for LatentZero.

1 10 (83.33%) thinkFolio
1 10 (83.33%) Investment Management
2 9 (75.00%) Asset Management
3 7 (58.33%) Charles River
3 7 (58.33%) Front Office
4 5 (41.67%) Fixed Income
4 5 (41.67%) Derivative
4 5 (41.67%) Fund Management
5 4 (33.33%) Sentinel
5 4 (33.33%) Finance
6 3 (25.00%) Remedy
6 3 (25.00%) LongView
7 2 (16.67%) OTC Derivatives
7 2 (16.67%) Performance Attribution
7 2 (16.67%) Hedge funds
7 2 (16.67%) Markit EDM
7 2 (16.67%) SQL
7 2 (16.67%) Fidessa
7 2 (16.67%) Migration
7 2 (16.67%) Minerva
7 2 (16.67%) Equities
8 1 (8.33%) Banking
8 1 (8.33%) Capstone
8 1 (8.33%) Investment Banking
8 1 (8.33%) SimCorp
8 1 (8.33%) SimCorp Dimension
8 1 (8.33%) User Acceptance Testing
8 1 (8.33%) Integration Testing
8 1 (8.33%) Test Scripting
8 1 (8.33%) Back Office

LatentZero
Top Related IT Skills 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 10 (83.33%) thinkFolio
2 4 (33.33%) Sentinel
3 3 (25.00%) LongView
4 2 (16.67%) Markit EDM
4 2 (16.67%) Minerva
5 1 (8.33%) Capstone
5 1 (8.33%) Eagle PACE
5 1 (8.33%) SimCorp Dimension
Communications & Networking
1 1 (8.33%) FIX Connectivity
Database & Business Intelligence
1 1 (8.33%) SQL Server
Development Applications
1 1 (8.33%) SQL Server Management Studio (SSMS)
General
1 7 (58.33%) Front Office
2 4 (33.33%) Finance
3 1 (8.33%) Back Office
3 1 (8.33%) Banking
3 1 (8.33%) Investment Banking
Job Titles
1 6 (50.00%) Analyst
2 4 (33.33%) Business Analyst
3 3 (25.00%) Front Office Business Analyst
4 2 (16.67%) Applications Support
4 2 (16.67%) thinkFolio Analyst
5 1 (8.33%) Applications Support Analyst
5 1 (8.33%) FIX Analyst
5 1 (8.33%) FIX Business Analyst
5 1 (8.33%) Investment Management Business Analyst
5 1 (8.33%) Project Manager
5 1 (8.33%) Risk Manager
5 1 (8.33%) Risk Project Manager
5 1 (8.33%) Senior Analyst
5 1 (8.33%) Senior Test Analyst
5 1 (8.33%) SimCorp Analyst
5 1 (8.33%) SimCorp Business Analyst
5 1 (8.33%) Support Analyst
5 1 (8.33%) Test Analyst
5 1 (8.33%) thinkFolio Business Analyst
5 1 (8.33%) thinkFolio Support
Libraries, Frameworks & Software Standards
1 1 (8.33%) FIX Protocol
Miscellaneous
1 5 (41.67%) Derivative
1 5 (41.67%) Fixed Income
2 2 (16.67%) Equities
2 2 (16.67%) Hedge funds
2 2 (16.67%) OTC Derivatives
3 1 (8.33%) Foreign Exchange (FX)
Processes & Methodologies
1 10 (83.33%) Investment Management
2 9 (75.00%) Asset Management
3 5 (41.67%) Fund Management
4 2 (16.67%) Migration
4 2 (16.67%) Performance Attribution
5 1 (8.33%) Data Integration
5 1 (8.33%) Functional Testing
5 1 (8.33%) Integration Testing
5 1 (8.33%) Project Management
5 1 (8.33%) Risk Management
5 1 (8.33%) SDLC
5 1 (8.33%) System Integration Testing
5 1 (8.33%) Test Scripting
5 1 (8.33%) User Acceptance Testing
Programming Languages
1 2 (16.67%) SQL
Vendors
1 7 (58.33%) Charles River
2 3 (25.00%) Remedy
3 2 (16.67%) Fidessa
4 1 (8.33%) Microsoft
4 1 (8.33%) SimCorp