The table below looks at the statistics for knowledge and experience of Sophis 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 Sophis over the 3 months to 24 April 2015 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 Sophis.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Sophis
Rank 192 209 199
Rank change year-on-year
+17 -10
Contract jobs citing Sophis 3 4 4
As % of all contract IT jobs located in the City of London 0.055% 0.064% 0.063%
As % of the Vendors category 0.13% 0.14% 0.14%
Number of daily rates quoted 3 1 3
Average daily rate
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£625 £625 £500
Average daily rate % change year-on-year
- +25.00%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Sophis
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
2282 2797 2806
As % of all contract IT jobs located in the City of London 42.04% 44.44% 44.09%
Number of daily rates quoted 1666 1953 1978
Average daily rate £425 £425 £430
Average daily rate % change year-on-year
- -1.16%
90% offered a daily rate of more than £250 £240 £263
10% offered a daily rate of more than £600 £613 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 47 49 76
Average hourly rate £17.50 £22.00 £22.00
Average hourly rate % change year-on-year
-20.45% -
90% offered a hourly rate of more than £11.90 £13.00 £12.00
10% offered a hourly rate of more than £25.00 £33.18 £135.00
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Sophis
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Sophis across the City of London region as a proportion of the total demand within the Vendors category.

Sophis Jobs Demand Trend in the City of London

Sophis
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 Sophis across the City of London region.

Sophis Daily Rate Trend in the City of London

Sophis
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis across the City of London region over the 3 months to 24 April 2015.

Sophis Daily Rate Histogram in the City of London

Sophis
Top 30 Related IT Skills in the City of London

For the 6 months to 24 April 2015, IT contractor jobs across the City of London region citing Sophis 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 Sophis.

1 3 (60.00%) Banking
1 3 (60.00%) Investment Banking
1 3 (60.00%) Derivative
2 2 (40.00%) Equity Derivative
2 2 (40.00%) Programme Management
2 2 (40.00%) Risk Management
2 2 (40.00%) Finance
2 2 (40.00%) Front Office
3 1 (20.00%) Back Office
3 1 (20.00%) GAP Analysis
3 1 (20.00%) Migration
3 1 (20.00%) Equities
3 1 (20.00%) Asset Management
3 1 (20.00%) SQL
3 1 (20.00%) Oracle
3 1 (20.00%) PRINCE2
3 1 (20.00%) UNIX
3 1 (20.00%) Microsoft
3 1 (20.00%) Murex
3 1 (20.00%) PRINCE2 Certification
3 1 (20.00%) PMI
3 1 (20.00%) PMI Certification
3 1 (20.00%) Control-M
3 1 (20.00%) Shell Script
3 1 (20.00%) Bloomberg
3 1 (20.00%) Remedy
3 1 (20.00%) Charles River
3 1 (20.00%) Project Management
3 1 (20.00%) Degree
3 1 (20.00%) JIRA

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

For the 6 months to 24 April 2015, IT contractor jobs across the City of London region citing Sophis 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 Sophis. Up to 20 skills are shown per category.

Development Applications
1 1 (20.00%) JIRA
General
1 3 (60.00%) Banking
1 3 (60.00%) Investment Banking
2 2 (40.00%) Finance
2 2 (40.00%) Front Office
3 1 (20.00%) Back Office
Job Titles
1 2 (40.00%) IT Programme Manager
1 2 (40.00%) Analyst
1 2 (40.00%) Programme Manager
2 1 (20.00%) Junior
2 1 (20.00%) Test Analyst
2 1 (20.00%) Support Analyst
2 1 (20.00%) Applications Support
2 1 (20.00%) Applications Support Analyst
2 1 (20.00%) Project Manager
2 1 (20.00%) Junior Test Analyst
2 1 (20.00%) Junior Analyst
Miscellaneous
1 3 (60.00%) Derivative
2 2 (40.00%) Equity Derivative
3 1 (20.00%) Equities
3 1 (20.00%) PMI
3 1 (20.00%) Analytical Skills
Operating Systems
1 1 (20.00%) UNIX
Processes & Methodologies
1 2 (40.00%) Programme Management
1 2 (40.00%) Risk Management
2 1 (20.00%) GAP Analysis
2 1 (20.00%) Migration
2 1 (20.00%) Asset Management
2 1 (20.00%) PRINCE2
2 1 (20.00%) Project Management
2 1 (20.00%) Integration Testing
2 1 (20.00%) Test Scripting
Programming Languages
1 1 (20.00%) SQL
1 1 (20.00%) Shell Script
Qualifications
1 1 (20.00%) PRINCE2 Certification
1 1 (20.00%) PMI Certification
1 1 (20.00%) Degree
Systems Management
1 1 (20.00%) Control-M
1 1 (20.00%) HP Quality Center
Vendors
1 1 (20.00%) Oracle
1 1 (20.00%) Microsoft
1 1 (20.00%) Murex
1 1 (20.00%) Bloomberg
1 1 (20.00%) Remedy
1 1 (20.00%) Charles River
1 1 (20.00%) Wall Street Systems
1 1 (20.00%) FactSet