The following table provides summary statistics for contract job vacancies 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 24 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
24 Mar 2017
Same period 2016 Same period 2015
Fidessa LatentZero Minerva
UK
Rank 591 640 613
Rank change year-on-year +49 -27  
Contract jobs citing Minerva 5 2 8
As % of all contract IT jobs advertised in the UK 0.011% 0.004% 0.015%
As % of the Business Applications category 0.13% 0.047% 0.17%
Number of daily rates quoted 4 1 3
Median daily rate £368 £625 £700
Median daily rate % change year-on-year -41.20% -10.71%  
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 with a requirement for business application skills.

Contract Business Application Skills
UK
Contract job vacancies with a requirement for business application skills 3884 4229 4617
As % of all contract IT job vacancies advertised in the UK 8.57% 7.98% 8.77%
Number of daily rates quoted 2342 2541 2555
Median daily rate £450 £433 £450
Median daily rate % change year-on-year +4.04% -3.88%  
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 47 49 39
Median hourly rate £38.39 £27.50 £30.00
Median hourly rate % change year-on-year +39.58% -8.33%  
90% offered a hourly rate of more than £16.00 £10.80 £13.00
10% offered a hourly rate of more than £65.00 £67.04 £60.00
UK excluding London median hourly rate £39.00 £27.50 £18.00
% change year-on-year +41.81% +52.77%  

Minerva
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

Minerva
Contractor Daily Rate Trend

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

Contractor daily rate trend for Minerva in the UK

Minerva
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 Minerva within the UK over the 3 months to 24 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 +37 5 £368 -41.20%
London +31 5 £368 -41.20%
City of London +6 3 £360 -42.40%

Minerva
Top 30 Related IT Skills

For the 6 months to 24 March 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 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
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 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