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 26 May 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
26 May 2016
Same period 2015 Same period 2014
SimCorp
Rank 160 198 208
Rank change year-on-year
+38 +10
Contract jobs citing SimCorp 1 3 6
As % of all contract IT jobs located in the City of London 0.030% 0.055% 0.10%
As % of the Vendors category 0.074% 0.13% 0.23%
Number of daily rates quoted 1 2 6
Median daily rate £763 £650 £513
Median daily rate % change year-on-year
+17.30% +26.82%
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
1343 2302 2617
As % of all contract IT jobs located in the City of London 40.32% 42.37% 43.76%
Number of daily rates quoted 1042 1704 1846
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £260 £253
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £380 £368 £350
% change year-on-year
+3.40% +5.00%
Number of hourly rates quoted 17 60 40
Median hourly rate £19.00 £17.98 £21.00
Median hourly rate % change year-on-year
+5.67% -14.38%
90% offered a hourly rate of more than £12.50 £12.50 £12.90
10% offered a hourly rate of more than £28.25 £25.00 £27.50
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

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 26 May 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 (83.33%) Finance
1 5 (83.33%) Asset Management
1 5 (83.33%) SimCorp Dimension
2 4 (66.67%) Front Office
3 3 (50.00%) SQL Server
4 2 (33.33%) Charles River
4 2 (33.33%) SQL
4 2 (33.33%) Oracle
4 2 (33.33%) Fidessa
4 2 (33.33%) Remedy
4 2 (33.33%) Performance Tuning
4 2 (33.33%) Fixed Income
4 2 (33.33%) Equities
4 2 (33.33%) Investment Management
5 1 (16.67%) LatentZero
5 1 (16.67%) Minerva
5 1 (16.67%) Sentinel
5 1 (16.67%) Eze Castle Integration
5 1 (16.67%) Wealth Management
5 1 (16.67%) thinkFolio
5 1 (16.67%) Linedata
5 1 (16.67%) Foreign Exchange (FX)
5 1 (16.67%) Bloomberg
5 1 (16.67%) Sybase
5 1 (16.67%) Regression Testing

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 5 (83.33%) SimCorp Dimension
2 1 (16.67%) LatentZero
2 1 (16.67%) Minerva
2 1 (16.67%) Sentinel
2 1 (16.67%) thinkFolio
Database & Business Intelligence
1 3 (50.00%) SQL Server
General
1 5 (83.33%) Finance
2 4 (66.67%) Front Office
Job Titles
1 3 (50.00%) Analyst
2 2 (33.33%) Applications Support
3 1 (16.67%) Asset Management Analyst
3 1 (16.67%) Asset Management Project Manager
3 1 (16.67%) Business Analyst
3 1 (16.67%) Business Support Analyst
3 1 (16.67%) Business Systems Analyst
3 1 (16.67%) Fidessa Analyst
3 1 (16.67%) Fidessa Support
3 1 (16.67%) Fidessa Support Analyst
3 1 (16.67%) Functional Analyst
3 1 (16.67%) Project Manager
3 1 (16.67%) Senior Manager
3 1 (16.67%) Senior Project Manager
3 1 (16.67%) Support Analyst
Miscellaneous
1 2 (33.33%) Equities
1 2 (33.33%) Fixed Income
2 1 (16.67%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (83.33%) Asset Management
2 2 (33.33%) Investment Management
2 2 (33.33%) Performance Tuning
3 1 (16.67%) Regression Testing
3 1 (16.67%) Wealth Management
Programming Languages
1 2 (33.33%) SQL
Vendors
1 2 (33.33%) Charles River
1 2 (33.33%) Fidessa
1 2 (33.33%) Oracle
1 2 (33.33%) Remedy
2 1 (16.67%) Bloomberg
2 1 (16.67%) Eze Castle Integration
2 1 (16.67%) Linedata
2 1 (16.67%) Sybase