The first table below looks at the demand for Summit skills 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 Summit over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the Canary Wharf region.

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.

Location
3 months to
17 May 2013
Same period 2012 Same period 2011
Misys Summit
Rank 51 - 52
Rank change year-on-year
- 0
Contract jobs citing Summit 3 0 5
As % of all contract IT jobs located in Canary Wharf 0.779% - 1.000%
As % of the Business Applications category 8.571% - 10.20%
Number of daily rates quoted 3 0 5
Average daily rate £675 - £600
UK excluding London average daily rate £331 £320 £300
% change year-on-year
+3.28% +6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.70 £30.50
% change year-on-year
- -51.81%
All Business Applications
Canary Wharf
Contract IT job ads with a match in the
Business Applications category
35 24 49
As % of all contract IT jobs located in Canary Wharf 9.091% 6.486% 9.800%
Number of daily rates quoted 30 9 41
Average daily rate £550 £600 £600
Average daily rate % change year-on-year
-8.33% -
90% offered a daily rate of more than £120 £490 £480
10% offered a daily rate of more than £690 £650 £700
UK excluding London average daily rate £425 £438 £420
% change year-on-year
-2.85% +4.16%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £33.50
UK excluding London average hourly rate £37.80 £22.92 £20.00
% change year-on-year
+64.92% +14.60%
Summit
London

Summit
Jobs Demand Trend

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

Canary Wharf Summit Jobs Demand Trend

Summit
Daily Rate Trend

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

Canary Wharf Summit Daily Rate Trend

Summit
Top 18 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the Canary Wharf region citing Summit 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 Summit.

1 5 (100.00%) Derivative
2 4 (80.00%) Financial Institution
2 4 (80.00%) Finance
3 3 (60.00%) Calypso
4 2 (40.00%) Foreign Exchange (FX)
4 2 (40.00%) Front Office
4 2 (40.00%) Back Office
4 2 (40.00%) Change Management
4 2 (40.00%) Thunderhead
4 2 (40.00%) Fixed Income
4 2 (40.00%) Equities
4 2 (40.00%) Sophis
4 2 (40.00%) Asset Management
4 2 (40.00%) Murex
4 2 (40.00%) Business Analysis
5 1 (20.00%) Investment Banking
5 1 (20.00%) Banking
5 1 (20.00%) Project Management

Summit
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the Canary Wharf region citing Summit 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 Summit. Up to 20 skills are shown per category.

General
1 4 (80.00%) Financial Institution
1 4 (80.00%) Finance
2 2 (40.00%) Front Office
2 2 (40.00%) Back Office
3 1 (20.00%) Banking
3 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Business Analyst
1 4 (80.00%) Analyst
2 2 (40.00%) Technical Analyst
2 2 (40.00%) Technical Business Analyst
3 1 (20.00%) Project Manager
Miscellaneous
1 5 (100.00%) Derivative
2 2 (40.00%) Foreign Exchange (FX)
2 2 (40.00%) Fixed Income
2 2 (40.00%) Equities
Processes & Methodologies
1 2 (40.00%) Change Management
1 2 (40.00%) Asset Management
1 2 (40.00%) Business Analysis
2 1 (20.00%) Project Management
Vendors
1 3 (60.00%) Calypso
2 2 (40.00%) Thunderhead
2 2 (40.00%) Sophis
2 2 (40.00%) Murex