Period
to 24 July 2017

The following table provides summary statistics for contract job vacancies 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 24 July 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.

Reuters Market Data System (RMDS)
UK
6 months to
24 Jul 2017
Same period 2016 Same period 2015
Rank 800 836 820
Rank change year-on-year +36 -16 -59
Contract jobs citing RMDS 41 57 67
As % of all contract IT jobs advertised in the UK 0.043% 0.052% 0.059%
As % of the Business Applications category 0.53% 0.66% 0.71%
Number of daily rates quoted 29 50 46
UK median daily rate £650 £600 £569
Median daily rate % change year-on-year +8.33% +5.49% -12.50%
10th Percentile £381 £350 £425
90th Percentile £750 £653 £663
UK excluding London median daily rate - - £500
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

RMDS 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 7667 8675 9494
As % of all contract IT job vacancies advertised in the UK 8.06% 7.88% 8.35%
Number of daily rates quoted 4424 5130 5236
UK median daily rate £450 £425 £438
Median daily rate % change year-on-year +5.88% -2.86% +2.94%
10th Percentile £305 £288 £275
90th Percentile £644 £600 £621
UK excluding London median daily rate £438 £413 £413
% change year-on-year +6.06% - +4.43%
Number of hourly rates quoted 115 98 90
UK median hourly rate £31.50 £28.75 £26.53
Median hourly rate % change year-on-year +9.57% +8.39% -15.79%
10th Percentile £13.00 £10.42 £13.43
90th Percentile £63.00 £78.05 £65.16
UK excluding London median hourly rate £34.00 £31.25 £25.61
% change year-on-year +8.80% +22.02% -21.20%

RMDS
Job Vacancy Trend

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

Job vacancy trend for RMDS in the UK

RMDS
Contractor Daily Rate Trend

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

Contractor daily rate trend for RMDS in the UK

RMDS
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing RMDS over the 6 months to 24 July 2017.

Contractor daily rate histogram for RMDS in the UK

RMDS
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for RMDS in the UK

RMDS
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RMDS within the UK over the 6 months to 24 July 2017. 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
England +54 41 £650 +8.33% 1
London +8 41 £650 +8.33% 1

For the 6 months to 24 July 2017, IT contractor jobs citing RMDS 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 RMDS.

1 26 (63.41%) Front Office
2 25 (60.98%) Reuters
3 22 (53.66%) TIBCO
3 22 (53.66%) Electronic Trading
4 21 (51.22%) Rendezvous
4 21 (51.22%) Oracle
4 21 (51.22%) SQL Server
5 18 (43.90%) Java
5 18 (43.90%) Fixed Income
6 16 (39.02%) ION Trading
7 15 (36.59%) Linux
8 13 (31.71%) FIX Protocol
9 11 (26.83%) Unix
9 11 (26.83%) Foreign Exchange (FX)
9 11 (26.83%) Microsoft
10 10 (24.39%) C#
10 10 (24.39%) .NET
10 10 (24.39%) WPF
10 10 (24.39%) Analytical Skills
10 10 (24.39%) Multithreading
11 9 (21.95%) User Experience
11 9 (21.95%) MVVM
11 9 (21.95%) NUnit
11 9 (21.95%) Banking
11 9 (21.95%) Agile Software Development
11 9 (21.95%) Visual Studio
11 9 (21.95%) XAML
12 7 (17.07%) Shell Script
12 7 (17.07%) SQL
12 7 (17.07%) JUnit

RMDS
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 5 (12.20%) Oracle Workflow
2 1 (2.44%) MQSeries
2 1 (2.44%) Oracle Coherence
Applications
1 3 (7.32%) Microsoft Excel
1 3 (7.32%) Spreadsheet
Business Applications
1 2 (4.88%) Orchestrade
2 1 (2.44%) Summit
Communications & Networking
1 4 (9.76%) TCP/IP
2 1 (2.44%) LAN
Database & Business Intelligence
1 21 (51.22%) SQL Server
2 2 (4.88%) KDB
3 1 (2.44%) MySQL
Development Applications
1 9 (21.95%) NUnit
1 9 (21.95%) Visual Studio
2 7 (17.07%) JUnit
3 4 (9.76%) Grunt
3 4 (9.76%) gulp
3 4 (9.76%) webpack
4 2 (4.88%) Maven
5 1 (2.44%) Git (software)
5 1 (2.44%) JIRA
5 1 (2.44%) Oracle APEX
5 1 (2.44%) TeamCity
General
1 26 (63.41%) Front Office
2 9 (21.95%) Banking
3 7 (17.07%) Finance
4 6 (14.63%) Investment Banking
5 2 (4.88%) Retail
6 1 (2.44%) French Language
Job Titles
1 20 (48.78%) Developer
2 13 (31.71%) UI Developer
3 10 (24.39%) WPF Developer
4 9 (21.95%) .NET Developer
4 9 (21.95%) C# .NET Developer
4 9 (21.95%) C# Developer
4 9 (21.95%) C# Developer - Electronic Trading
4 9 (21.95%) C# WPF Developer
4 9 (21.95%) Electronic Trading Developer
4 9 (21.95%) XAML Developer
5 7 (17.07%) Development Manager
5 7 (17.07%) Java Development Manager
6 6 (14.63%) Analyst
7 5 (12.20%) Architect
7 5 (12.20%) Java Architect
7 5 (12.20%) Lead Architect
7 5 (12.20%) Support Analyst
8 4 (9.76%) Angular Developer
8 4 (9.76%) HTML Developer
9 3 (7.32%) Front Office Developer
Libraries, Frameworks & Software Standards
1 21 (51.22%) Rendezvous
2 13 (31.71%) FIX Protocol
3 10 (24.39%) .NET
3 10 (24.39%) WPF
4 6 (14.63%) HTML
4 6 (14.63%) Ultra Messaging
5 5 (12.20%) HTML5
6 4 (9.76%) AngularJS
6 4 (9.76%) CSS
6 4 (9.76%) REST
7 3 (7.32%) Middleware
7 3 (7.32%) XML
8 2 (4.88%) Web Services
9 1 (2.44%) JMS
9 1 (2.44%) JNI
9 1 (2.44%) SOAP
9 1 (2.44%) Spring
9 1 (2.44%) XHTML
9 1 (2.44%) XSL
9 1 (2.44%) XSLT
Miscellaneous
1 18 (43.90%) Fixed Income
2 11 (26.83%) Foreign Exchange (FX)
3 10 (24.39%) Analytical Skills
4 9 (21.95%) User Experience
5 3 (7.32%) Computer Science
5 3 (7.32%) Derivative
6 2 (4.88%) Hedge funds
7 1 (2.44%) Algorithms
7 1 (2.44%) Data Structures
7 1 (2.44%) Enterprise Software
7 1 (2.44%) Equities
7 1 (2.44%) Fintech
7 1 (2.44%) Interest Rate Derivative
7 1 (2.44%) Linux Command Line
7 1 (2.44%) Mobile App
7 1 (2.44%) SWIFT
Operating Systems
1 15 (36.59%) Linux
2 11 (26.83%) Unix
3 5 (12.20%) Windows
4 2 (4.88%) Solaris
4 2 (4.88%) Windows Server
5 1 (2.44%) Android
5 1 (2.44%) Apple iOS
Processes & Methodologies
1 22 (53.66%) Electronic Trading
2 10 (24.39%) Multithreading
3 9 (21.95%) Agile Software Development
3 9 (21.95%) MVVM
4 7 (17.07%) Mentoring
4 7 (17.07%) Workflow
5 6 (14.63%) Continuous Integration
5 6 (14.63%) E-Commerce
5 6 (14.63%) Test Automation
5 6 (14.63%) User Acceptance Testing
6 5 (12.20%) Integration Testing
6 5 (12.20%) Non-Functional Testing
6 5 (12.20%) TDD
6 5 (12.20%) Technical Architecture
7 4 (9.76%) Continuous Delivery
7 4 (9.76%) Mathematics
8 3 (7.32%) Incident Management
8 3 (7.32%) OO
8 3 (7.32%) Problem Management
8 3 (7.32%) RAD
Programming Languages
1 18 (43.90%) Java
2 10 (24.39%) C#
3 9 (21.95%) XAML
4 7 (17.07%) Shell Script
4 7 (17.07%) SQL
5 6 (14.63%) JavaScript
6 5 (12.20%) Perl
7 4 (9.76%) ES6
7 4 (9.76%) Python
8 3 (7.32%) C++
8 3 (7.32%) VBA
9 1 (2.44%) AWK
9 1 (2.44%) C
9 1 (2.44%) C-shell
9 1 (2.44%) Korn
9 1 (2.44%) PHP
9 1 (2.44%) T-SQL
9 1 (2.44%) VBScript
Qualifications
1 4 (9.76%) Degree
2 2 (4.88%) Computer Science Degree
2 2 (4.88%) Numerate Degree
3 1 (2.44%) ISEB
3 1 (2.44%) ISEB Practitioner
Quality Assurance & Compliance
1 1 (2.44%) QA
Systems Management
1 2 (4.88%) ITRS Geneos
1 2 (4.88%) OpenView
2 1 (2.44%) Thomson Reuters DACS
Vendors
1 25 (60.98%) Reuters
2 22 (53.66%) TIBCO
3 21 (51.22%) Oracle
4 16 (39.02%) ION Trading
5 11 (26.83%) Microsoft
6 4 (9.76%) Bloomberg
7 3 (7.32%) Sybase
8 2 (4.88%) Tradeweb
9 1 (2.44%) Azul
9 1 (2.44%) Currenex
9 1 (2.44%) FXall
9 1 (2.44%) IBM
9 1 (2.44%) Informatica
9 1 (2.44%) ServiceNow
9 1 (2.44%) Solace
9 1 (2.44%) StreamBase
9 1 (2.44%) Sun