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 27 February 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
27 Feb 2015
Same period 2014 Same period 2013
Sophis
Rank 183 199 189
Rank change year-on-year
+16 -10
Contract jobs citing Sophis 1 1 5
As % of all contract IT jobs located in the City of London 0.019% 0.017% 0.087%
As % of the Vendors category 0.046% 0.040% 0.20%
Number of daily rates quoted 1 0 5
Average daily rate
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of your Daily Rate
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£675 - £500
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
2183 2488 2447
As % of all contract IT jobs located in the City of London 42.50% 42.89% 42.79%
Number of daily rates quoted 1604 1713 1712
Average daily rate £425 £425 £425
90% offered a daily rate of more than £266 £238 £250
10% offered a daily rate of more than £575 £625 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 40 52 61
Average hourly rate £18.70 £20.00 £21.00
Average hourly rate % change year-on-year
-6.50% -4.76%
90% offered a hourly rate of more than £13.33 £14.50 £14.50
10% offered a hourly rate of more than £26.20 £32.31 £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
Top 13 Related IT Skills in the City of London

For the 6 months to 27 February 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 1 (50.00%) SQL
1 1 (50.00%) Bloomberg
1 1 (50.00%) Charles River
1 1 (50.00%) Project Management
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Front Office
1 1 (50.00%) Risk Management
1 1 (50.00%) Finance
1 1 (50.00%) Equities
1 1 (50.00%) Asset Management
1 1 (50.00%) Integration Testing
1 1 (50.00%) FactSet
1 1 (50.00%) Analytical Skills

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

For the 6 months to 27 February 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.

General
1 1 (50.00%) Front Office
1 1 (50.00%) Finance
Job Titles
1 1 (50.00%) Project Manager
1 1 (50.00%) Analyst
1 1 (50.00%) Support Analyst
1 1 (50.00%) Applications Support
1 1 (50.00%) Applications Support Analyst
Miscellaneous
1 1 (50.00%) Equities
1 1 (50.00%) Analytical Skills
Processes & Methodologies
1 1 (50.00%) Project Management
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Risk Management
1 1 (50.00%) Asset Management
1 1 (50.00%) Integration Testing
Programming Languages
1 1 (50.00%) SQL
Vendors
1 1 (50.00%) Bloomberg
1 1 (50.00%) Charles River
1 1 (50.00%) FactSet
City, London
McGregor Boyall
Rate: £500 - £750 per day
Posted: 4 days ago