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 average contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 5 February 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.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
SimCorp
Rank 147 - 203
Rank change year-on-year
- 0
Contract jobs citing SimCorp 5 0 3
As % of all contract IT jobs located in the City of London 0.16% - 0.051%
As % of the Vendors category 0.40% - 0.12%
Number of daily rates quoted 3 0 3
Average daily rate £500 - £450
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
1242 2211 2507
As % of all contract IT jobs located in the City of London 39.59% 43.92% 42.90%
Number of daily rates quoted 923 1629 1747
Average daily rate £425 £425 £425
90% offered a daily rate of more than £275 £250 £240
10% offered a daily rate of more than £600 £575 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 16 46 56
Average hourly rate £22.81 £20.45 £20.00
Average hourly rate % change year-on-year
+11.55% +2.22%
90% offered a hourly rate of more than £15.00 £13.18 £14.37
10% offered a hourly rate of more than £30.00 £30.40 £31.20
UK excluding London average hourly rate £22.50 £17.00 £16.50
% change year-on-year
+32.35% +3.03%

SimCorp
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing SimCorp across the City of London region as a proportion of the total demand within 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 27 Related IT Skills in the City of London

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing SimCorp 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 SimCorp.

1 7 (100.00%) SimCorp Dimension
2 6 (85.71%) Asset Management
3 5 (71.43%) Finance
3 5 (71.43%) SQL Server
4 4 (57.14%) Oracle
4 4 (57.14%) Remedy
5 3 (42.86%) Performance Tuning
6 2 (28.57%) Front Office
6 2 (28.57%) Investment Management
6 2 (28.57%) SQL
6 2 (28.57%) Fixed Income
6 2 (28.57%) Equities
7 1 (14.29%) Minerva
7 1 (14.29%) Sentinel
7 1 (14.29%) Regression Testing
7 1 (14.29%) Sybase
7 1 (14.29%) Fidessa
7 1 (14.29%) Foreign Exchange (FX)
7 1 (14.29%) Cucumber
7 1 (14.29%) Continuous Improvement
7 1 (14.29%) SpecFlow
7 1 (14.29%) Software Testing
7 1 (14.29%) Incident Management
7 1 (14.29%) Selenium
7 1 (14.29%) FitNesse
7 1 (14.29%) Release Management
7 1 (14.29%) SDLC

SimCorp
Top Related IT Skills in the City of London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing SimCorp 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 SimCorp. Up to 20 skills are shown per category.

Business Applications
1 7 (100.00%) SimCorp Dimension
2 1 (14.29%) Minerva
2 1 (14.29%) Sentinel
Database & Business Intelligence
1 5 (71.43%) SQL Server
Development Applications
1 1 (14.29%) Cucumber
1 1 (14.29%) FitNesse
1 1 (14.29%) Selenium
1 1 (14.29%) SpecFlow
General
1 5 (71.43%) Finance
2 2 (28.57%) Front Office
Job Titles
1 4 (57.14%) Applications Support
2 3 (42.86%) Analyst
3 2 (28.57%) Support Analyst
4 1 (14.29%) Applications Support Analyst
4 1 (14.29%) Asset Management Analyst
4 1 (14.29%) Business Support Analyst
4 1 (14.29%) Fidessa Analyst
4 1 (14.29%) Fidessa Support
4 1 (14.29%) Fidessa Support Analyst
4 1 (14.29%) Functional Analyst
4 1 (14.29%) Production Support Analyst
4 1 (14.29%) SimCorp Analyst
4 1 (14.29%) SimCorp Support
4 1 (14.29%) Test Leader
Miscellaneous
1 2 (28.57%) Equities
1 2 (28.57%) Fixed Income
2 1 (14.29%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (85.71%) Asset Management
2 3 (42.86%) Performance Tuning
3 2 (28.57%) Investment Management
4 1 (14.29%) Continuous Improvement
4 1 (14.29%) Incident Management
4 1 (14.29%) Regression Testing
4 1 (14.29%) Release Management
4 1 (14.29%) SDLC
4 1 (14.29%) Software Testing
Programming Languages
1 2 (28.57%) SQL
Vendors
1 4 (57.14%) Oracle
1 4 (57.14%) Remedy
2 1 (14.29%) Fidessa
2 1 (14.29%) Sybase
City, London
Hays Finance Technology
Rate: £450.00 - £550.00 per annum
Posted: 4 days ago