The table below looks at the statistics for knowledge and experience of SimCorp products and/or services in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 30 September 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 SimCorp.

3 months to
30 Sep 2016
Same period 2015 Same period 2014
SimCorp
Rank 168 184 203
Rank change year-on-year
+16 +19
Contract jobs citing SimCorp 4 4 8
As % of all contract IT jobs located in the City of London 0.12% 0.087% 0.14%
As % of the Vendors category 0.28% 0.20% 0.29%
Number of daily rates quoted 2 4 8
Median daily rate £375 £588 £525
Median daily rate % change year-on-year
-36.17% +11.90%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
SimCorp
London

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

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
1443 1958 2720
As % of all contract IT jobs located in the City of London 42.21% 42.48% 46.12%
Number of daily rates quoted 1096 1468 1920
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £308 £250 £250
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 16 39 61
Median hourly rate £27.50 £16.00 £19.50
Median hourly rate % change year-on-year
+71.87% -17.94%
90% offered a hourly rate of more than £12.00 £11.00 £12.80
10% offered a hourly rate of more than £51.47 £22.50 £32.82
UK excluding London median hourly rate £18.00 £18.00 £18.00

SimCorp
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing SimCorp as a proportion of all IT contracts with a match in the Vendors category.

SimCorp Jobs Demand Trend in the City of London

SimCorp
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing SimCorp across the City of London region.

SimCorp Daily Rate Trend in the City of London

SimCorp
Top 25 Related IT Skills in the City of London

For the 6 months to 30 September 2016, IT contractor jobs citing SimCorp also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for SimCorp.

1 5 (100.00%) Asset Management
2 3 (60.00%) SQL
2 3 (60.00%) Data Warehouse
2 3 (60.00%) Data Management
2 3 (60.00%) Eagle PACE
2 3 (60.00%) Markit EDM
3 2 (40.00%) Investment Management
3 2 (40.00%) Data Quality
3 2 (40.00%) Retail
3 2 (40.00%) SimCorp Dimension
3 2 (40.00%) Finance
3 2 (40.00%) Bloomberg
4 1 (20.00%) Charles River
4 1 (20.00%) BPR
4 1 (20.00%) Financial Institution
4 1 (20.00%) Front Office
4 1 (20.00%) Back Office
4 1 (20.00%) Fixed Income
4 1 (20.00%) Equities
4 1 (20.00%) Banking
4 1 (20.00%) Investment Banking
4 1 (20.00%) Business Analysis
4 1 (20.00%) Wealth Management
4 1 (20.00%) thinkFolio
4 1 (20.00%) Reference Data

SimCorp
Top Related IT Skills in the City of London 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 3 (60.00%) Eagle PACE
1 3 (60.00%) Markit EDM
2 2 (40.00%) SimCorp Dimension
3 1 (20.00%) thinkFolio
Database & Business Intelligence
1 3 (60.00%) Data Warehouse
General
1 2 (40.00%) Finance
1 2 (40.00%) Retail
2 1 (20.00%) Back Office
2 1 (20.00%) Banking
2 1 (20.00%) Financial Institution
2 1 (20.00%) Front Office
2 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Analyst
2 3 (60.00%) Data Analyst
3 2 (40.00%) Data Quality Analyst
3 2 (40.00%) Junior
3 2 (40.00%) Junior Analyst
3 2 (40.00%) Quality Analyst
3 2 (40.00%) SimCorp Analyst
4 1 (20.00%) Asset Management Project Manager
4 1 (20.00%) Business Analyst
4 1 (20.00%) Data Analyst - Instrument Data
4 1 (20.00%) Project Manager
4 1 (20.00%) Reference Data Analyst
4 1 (20.00%) Senior Manager
4 1 (20.00%) Senior Project Manager
4 1 (20.00%) SimCorp Business Analyst
Miscellaneous
1 1 (20.00%) Equities
1 1 (20.00%) Fixed Income
1 1 (20.00%) Reference Data
Processes & Methodologies
1 5 (100.00%) Asset Management
2 3 (60.00%) Data Management
3 2 (40.00%) Investment Management
4 1 (20.00%) BPR
4 1 (20.00%) Business Analysis
4 1 (20.00%) Wealth Management
Programming Languages
1 3 (60.00%) SQL
Quality Assurance & Compliance
1 2 (40.00%) Data Quality
Vendors
1 2 (40.00%) Bloomberg
2 1 (20.00%) Charles River