The table below looks at the statistics for knowledge and experience of Sophis products and/or services in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Sophis over the 3 months to 28 April 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Misys FusionCapital Sophis.

3 months to
28 Apr 2016
Same period 2015 Same period 2014
Sophis
Rank 24 - -
Rank change year-on-year
- 0
Contract jobs citing Sophis 1 0 0
As % of all contract IT jobs located in Canary Wharf 0.76% - -
As % of the Vendors category 1.67% - -
Number of daily rates quoted 1 0 0
Average daily rate £575 - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Sophis
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Canary Wharf region.

Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
60 71 44
As % of all contract IT jobs located in Canary Wharf 45.80% 53.79% 32.35%
Number of daily rates quoted 50 42 27
Average daily rate £479 £500 £525
Average daily rate % change year-on-year
-4.25% -4.76%
90% offered a daily rate of more than £363 £425 £250
10% offered a daily rate of more than £685 £582 £700
UK excluding London average daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 3 0 4
Average hourly rate £29.00 - £25.50
UK excluding London average hourly rate £19.50 £18.00 £17.50
% change year-on-year
+8.33% +2.85%

Sophis
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Sophis across the Canary Wharf region as a proportion of the total demand within the Vendors category.

Sophis Jobs Demand Trend in Canary Wharf

Sophis
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Sophis across the Canary Wharf region.

Sophis Daily Rate Trend in Canary Wharf

Sophis
Top 7 Related IT Skills in Canary Wharf

For the 6 months to 28 April 2016, IT contractor jobs across the Canary Wharf region citing Sophis also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Sophis.

1 1 (100.00%) Fidessa
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Derivative
1 1 (100.00%) Equity Derivative
1 1 (100.00%) EMIR
1 1 (100.00%) Dodd-Frank

Sophis
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 28 April 2016, IT contractor jobs across the Canary Wharf region citing Sophis also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Sophis. Up to 20 skills are shown per category.

Job Titles
1 1 (100.00%) Business Analyst
Miscellaneous
1 1 (100.00%) Derivative
1 1 (100.00%) Equities
1 1 (100.00%) Equity Derivative
1 1 (100.00%) Fixed Income
Quality Assurance & Compliance
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) EMIR
Vendors
1 1 (100.00%) Fidessa