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 2 October 2014 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
2 Oct 2014
Same period 2013 Same period 2012
SimCorp
Rank 193 - 210
Rank change year-on-year
- 0
Contract jobs citing SimCorp 9 0 11
As % of all contract IT jobs located in the City of London 0.15% - 0.15%
As % of the Vendors category 0.33% - 0.34%
Number of daily rates quoted 9 0 10
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 - £975
90% offered a daily rate of more than £500 - £668
10% offered a daily rate of more than £550 - £1,008
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
2720 3301 3268
As % of all contract IT jobs located in the City of London 45.97% 46.28% 43.22%
Number of daily rates quoted 1952 2302 2247
Average daily rate £425 £425 £438
Average daily rate % change year-on-year
- -2.85%
90% offered a daily rate of more than £250 £250 £265
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 61 87 92
Average hourly rate £19.00 £21.00 £20.00
Average hourly rate % change year-on-year
-9.52% +5.00%
90% offered a hourly rate of more than £12.50 £11.50 £13.50
10% offered a hourly rate of more than £32.82 £48.00 £42.00
UK excluding London average hourly rate £19.00 £18.37 £18.75
% change year-on-year
+3.45% -2.05%

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 30 Related IT Skills in the City of London

For the 6 months to 2 October 2014, 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 10 (76.92%) SimCorp Dimension
2 9 (69.23%) Asset Management
3 6 (46.15%) Oracle
3 6 (46.15%) SQL Server
4 5 (38.46%) Finance
5 4 (30.77%) Markit EDM
5 4 (30.77%) SQL
6 3 (23.08%) Telecoms
6 3 (23.08%) Charles River
6 3 (23.08%) .NET
6 3 (23.08%) SaaS
6 3 (23.08%) Performance Tuning
6 3 (23.08%) Wealth Management
6 3 (23.08%) Investment Management
7 2 (15.38%) Fixed Income
7 2 (15.38%) WCF
7 2 (15.38%) WPF
7 2 (15.38%) Remedy
7 2 (15.38%) Middleware
7 2 (15.38%) C#
7 2 (15.38%) Crystal Reports
7 2 (15.38%) ITIL
8 1 (7.69%) UNIX
8 1 (7.69%) Windows
8 1 (7.69%) Oracle Reports
8 1 (7.69%) MS Excel
8 1 (7.69%) SharePoint
8 1 (7.69%) Data Warehouse
8 1 (7.69%) Data Modelling
8 1 (7.69%) Microsoft

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

For the 6 months to 2 October 2014, 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.

Application Platforms
1 1 (7.69%) SharePoint
Applications
1 1 (7.69%) MS Excel
Business Applications
1 10 (76.92%) SimCorp Dimension
2 4 (30.77%) Markit EDM
3 1 (7.69%) LatentZero
3 1 (7.69%) Eagle PACE
3 1 (7.69%) Temenos T24
Cloud Services
1 3 (23.08%) SaaS
Database & Business Intelligence
1 6 (46.15%) SQL Server
2 2 (15.38%) Crystal Reports
3 1 (7.69%) Oracle Reports
3 1 (7.69%) Data Warehouse
3 1 (7.69%) SQL Server 2005
3 1 (7.69%) Data Mart
3 1 (7.69%) SQL Server 2008
3 1 (7.69%) Oracle Database 11g
3 1 (7.69%) Oracle Database
General
1 5 (38.46%) Finance
2 3 (23.08%) Telecoms
3 1 (7.69%) Front Office
3 1 (7.69%) Back Office
3 1 (7.69%) Banking
Job Titles
1 6 (46.15%) Applications Support
2 5 (38.46%) Analyst
3 4 (30.77%) Applications Support Analyst
3 4 (30.77%) Support Analyst
4 3 (23.08%) Solutions Architect
4 3 (23.08%) Architect
5 1 (7.69%) Business Analyst
5 1 (7.69%) Applications Specialist
5 1 (7.69%) DBA
5 1 (7.69%) Support Specialist
5 1 (7.69%) Senior Applications Support Analyst
5 1 (7.69%) Senior Analyst
5 1 (7.69%) SQL Server DBA
5 1 (7.69%) Senior Support Analyst
5 1 (7.69%) SQL DBA
5 1 (7.69%) Applications Support Specialist
Libraries, Frameworks & Software Standards
1 3 (23.08%) .NET
2 2 (15.38%) WCF
2 2 (15.38%) WPF
2 2 (15.38%) Middleware
Miscellaneous
1 2 (15.38%) Fixed Income
2 1 (7.69%) SWIFT
Operating Systems
1 1 (7.69%) UNIX
1 1 (7.69%) Windows
1 1 (7.69%) Windows Server 2003
1 1 (7.69%) Windows Server 2008
Processes & Methodologies
1 9 (69.23%) Asset Management
2 3 (23.08%) Performance Tuning
2 3 (23.08%) Wealth Management
2 3 (23.08%) Investment Management
3 2 (15.38%) ITIL
4 1 (7.69%) Data Modelling
4 1 (7.69%) Change Management
4 1 (7.69%) Business Analysis
4 1 (7.69%) Fund Accounting
4 1 (7.69%) User Acceptance Testing
4 1 (7.69%) Capacity Planning
Programming Languages
1 4 (30.77%) SQL
2 2 (15.38%) C#
3 1 (7.69%) PL/SQL
3 1 (7.69%) T-SQL
Qualifications
1 1 (7.69%) ITIL Certification
Vendors
1 6 (46.15%) Oracle
2 3 (23.08%) Charles River
3 2 (15.38%) Remedy
4 1 (7.69%) Microsoft
4 1 (7.69%) Temenos
4 1 (7.69%) Fidessa
4 1 (7.69%) Business Objects
4 1 (7.69%) Reuters
4 1 (7.69%) Bloomberg
4 1 (7.69%) RIMES
4 1 (7.69%) thinkFolio