City demand for IT pros still strong

IT professionals are still in demand in the City

Demand for IT professionals from City firms remains strong despite the impact of the credit crunch, new research claims.

Recent data from financial online recruitment firm IT Jobs in the City reveals a steady demand for positions within commodities, with an increase of over 50 per cent in positions advertised from October 2007.

The report also noted an increase in demand for quantitative analysts.

Little to no change was found in the demand for positions within the middle office, securities, analyst developers, system support, web developers and IT workers with skills in Oracle and SAS over the past three months.

Adam Stokes, operations manager at IT Jobs in the City, said: "Despite the gloom within the City, we are still seeing demand for IT workers. They are seen as a valuable resource, and we do not expect that to change."