The following table provides summary statistics for contract job vacancies 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 25 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.

Misys Loan IQ
UK
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 586 647 628
Rank change year-on-year +61 -19  
Contract jobs citing Loan IQ 18 6 20
As % of all contract IT jobs advertised in the UK 0.039% 0.011% 0.035%
As % of the Business Applications category 0.46% 0.14% 0.42%
Number of daily rates quoted 10 6 7
Median daily rate £538 £625 £500
Median daily rate % change year-on-year -14.00% +25.00%  
90% offered a daily rate of more than £425 £563 £390
10% offered a daily rate of more than £605 £725 £558
UK excluding London median daily rate - - £388
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 with a requirement for business application skills.

Contract Business Application Skills
UK
Contract job vacancies with a requirement for business application skills 3912 4444 4791
As % of all contract IT job vacancies advertised in the UK 8.44% 7.95% 8.44%
Number of daily rates quoted 2317 2717 2674
Median daily rate £450 £440 £450
Median daily rate % change year-on-year +2.27% -2.22%  
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £450 £421 £425
% change year-on-year +7.01% -1.05%  
Number of hourly rates quoted 64 44 34
Median hourly rate £37.50 £26.00 £30.00
Median hourly rate % change year-on-year +44.23% -13.33%  
90% offered a hourly rate of more than £15.10 £9.40 £14.00
10% offered a hourly rate of more than £65.00 £49.80 £62.52
UK excluding London median hourly rate £37.77 £22.50 £29.42
% change year-on-year +67.86% -23.50%  

Loan IQ
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

Loan IQ
Contractor Daily Rate Trend

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

Contractor daily rate trend for Loan IQ in the UK

Loan IQ
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Loan IQ over the 3 months to 25 April 2017.

Contractor daily rate histogram for Loan IQ in the UK

Loan IQ
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Loan IQ in the UK

Loan IQ
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Loan IQ within the UK over the 3 months to 25 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
England +50 18 £538 -14.00%
London +41 18 £538 -14.00%
City of London +13 5 £425 -26.08%
Canary Wharf - 1 £650 -

For the 6 months to 25 April 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 with a requirement for Loan IQ.

1 21 (70.00%) Banking
2 13 (43.33%) Finance
3 12 (40.00%) Test Scripting
4 11 (36.67%) Data Modelling
5 9 (30.00%) QA
5 9 (30.00%) Analytical Skills
6 8 (26.67%) FLEXCUBE
6 8 (26.67%) Wholesale Banking
7 7 (23.33%) Java
7 7 (23.33%) SQL
8 5 (16.67%) DB2
8 5 (16.67%) Misys
9 4 (13.33%) Regression Testing
9 4 (13.33%) Workflow
9 4 (13.33%) Investment Banking
10 3 (10.00%) Derivative
10 3 (10.00%) Data Analysis
10 3 (10.00%) Foreign Exchange (FX)
10 3 (10.00%) Data Management
10 3 (10.00%) Murex
10 3 (10.00%) Oracle
11 2 (6.67%) Perl
11 2 (6.67%) Unix
11 2 (6.67%) Linux
11 2 (6.67%) MQSeries
11 2 (6.67%) C#
11 2 (6.67%) Front Office
11 2 (6.67%) Back Office
11 2 (6.67%) Agile Software Development
11 2 (6.67%) Murex Flex

Loan IQ
Co-occurring 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:

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 5 (16.67%) DB2
2 2 (6.67%) 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 13 (43.33%) Finance
3 8 (26.67%) Wholesale Banking
4 4 (13.33%) Investment Banking
5 2 (6.67%) Back Office
5 2 (6.67%) Front Office
5 2 (6.67%) General Ledger
6 1 (3.33%) Financial Institution
Job Titles
1 20 (66.67%) Analyst
1 20 (66.67%) Business Analyst
2 9 (30.00%) Developer
3 7 (23.33%) Banking Analyst
4 6 (20.00%) Banking Business Analyst
5 3 (10.00%) Java Developer
6 2 (6.67%) Back Office Business Analyst
6 2 (6.67%) Business Systems Analyst
6 2 (6.67%) Murex Analyst
6 2 (6.67%) Murex Business Analyst
7 1 (3.33%) C# Developer
7 1 (3.33%) Finance Business Analyst
7 1 (3.33%) Financial Analyst
7 1 (3.33%) Investment Banking Business Analyst
7 1 (3.33%) SQL Developer
Libraries, Frameworks & Software Standards
1 2 (6.67%) Murex Flex
1 2 (6.67%) Murex MxML
2 1 (3.33%) JPA
2 1 (3.33%) Spring
Miscellaneous
1 9 (30.00%) Analytical Skills
2 3 (10.00%) Derivative
2 3 (10.00%) Foreign Exchange (FX)
3 1 (3.33%) Client/Server
3 1 (3.33%) Computer Science
3 1 (3.33%) Equities
Operating Systems
1 2 (6.67%) Linux
1 2 (6.67%) Unix
Processes & Methodologies
1 12 (40.00%) Test Scripting
2 11 (36.67%) Data Modelling
3 4 (13.33%) Regression Testing
3 4 (13.33%) Workflow
4 3 (10.00%) Data Analysis
4 3 (10.00%) Data Management
5 2 (6.67%) Agile Software Development
5 2 (6.67%) Business Analysis
5 2 (6.67%) Mentoring
5 2 (6.67%) Project Governance
5 2 (6.67%) Waterfall
6 1 (3.33%) Mathematics
6 1 (3.33%) Physics
6 1 (3.33%) Stakeholder Management
6 1 (3.33%) User Acceptance Testing
6 1 (3.33%) Validation
Programming Languages
1 7 (23.33%) Java
1 7 (23.33%) SQL
2 2 (6.67%) C#
2 2 (6.67%) Perl
3 1 (3.33%) PL/SQL
Qualifications
1 1 (3.33%) 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 3 (10.00%) Murex
2 3 (10.00%) Oracle
3 2 (6.67%) Wallstreet Suite
4 1 (3.33%) Hyperion
4 1 (3.33%) PeopleSoft