The table below looks at the statistics for Summit skills 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 Summit over the 3 months to 29 August 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.

Location
3 months to
29 Aug 2014
Same period 2013 Same period 2012
Misys Summit
Rank 196 209 193
Rank change year-on-year
+13 -16
Contract jobs citing Summit 3 8 29
As % of all contract IT jobs located in the City of London 0.051% 0.11% 0.37%
As % of the Business Applications category 0.57% 1.30% 4.29%
Number of daily rates quoted 2 7 27
Average daily rate
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of your Daily Rate
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£523 £525 £525
Average daily rate % change year-on-year
-0.47% -
90% offered a daily rate of more than £505 £334 £280
10% offered a daily rate of more than £541 £740 £800
UK excluding London average daily rate £398 £415 £275
% change year-on-year
-4.21% +50.90%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.50 £17.23 -
% change year-on-year
+13.20% -
Summit
London

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the City of London region.

Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
527 616 676
As % of all contract IT jobs located in the City of London 8.93% 8.50% 8.65%
Number of daily rates quoted 369 420 498
Average daily rate £475 £450 £500
Average daily rate % change year-on-year
+5.55% -10.00%
90% offered a daily rate of more than £350 £325 £350
10% offered a daily rate of more than £575 £625 £625
UK excluding London average daily rate £425 £400 £438
% change year-on-year
+6.25% -8.57%
Number of hourly rates quoted 4 6 5
Average hourly rate £32.03 £15.00 £48.00
Average hourly rate % change year-on-year
+113.53% -68.75%
90% offered a hourly rate of more than £23.87 £14.50 £41.05
10% offered a hourly rate of more than £32.82 £17.35 £52.21
UK excluding London average hourly rate £31.50 £17.69 £22.66
% change year-on-year
+78.06% -21.91%

Summit
Jobs Demand Trend in the City of London

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

Summit Jobs Demand Trend in the City of London

Summit
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 Summit across the City of London region.

Summit Daily Rate Trend in the City of London

Summit
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Summit across the City of London region.

Summit Hourly Rate Trend in the City of London

Summit
Top 30 Related IT Skills in the City of London

For the 6 months to 29 August 2014, IT contractor jobs across the City of London region citing Summit 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 Summit.

1 9 (64.29%) Banking
2 7 (50.00%) Investment Banking
2 7 (50.00%) Murex
3 5 (35.71%) SQL
3 5 (35.71%) Migration
4 4 (28.57%) Front Office
5 3 (21.43%) C++
5 3 (21.43%) Finance
5 3 (21.43%) Sybase
5 3 (21.43%) UNIX
5 3 (21.43%) Foreign Exchange (FX)
5 3 (21.43%) Fixed Income
5 3 (21.43%) Data Management
6 2 (14.29%) Derivative
6 2 (14.29%) Analytics
6 2 (14.29%) Oracle Database
6 2 (14.29%) Calypso
6 2 (14.29%) Windows
6 2 (14.29%) Oracle
6 2 (14.29%) PRINCE2
7 1 (7.14%) ISO 14001
7 1 (7.14%) Service Delivery
7 1 (7.14%) Validation
7 1 (7.14%) Risk Management
7 1 (7.14%) Workflow
7 1 (7.14%) MS Project
7 1 (7.14%) MS Office
7 1 (7.14%) Linux
7 1 (7.14%) ISO 9001
7 1 (7.14%) HP

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

For the 6 months to 29 August 2014, IT contractor jobs across the City of London region citing Summit 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 Summit. Up to 20 skills are shown per category.

Applications
1 1 (7.14%) MS Project
1 1 (7.14%) MS Office
Communications & Networking
1 1 (7.14%) Internet
Database & Business Intelligence
1 2 (14.29%) Oracle Database
General
1 9 (64.29%) Banking
2 7 (50.00%) Investment Banking
3 4 (28.57%) Front Office
4 3 (21.43%) Finance
Job Titles
1 5 (35.71%) Analyst
2 4 (28.57%) Consultant
3 3 (21.43%) Quantitative Analyst
4 2 (14.29%) Oracle DBA
4 2 (14.29%) Administrator
4 2 (14.29%) Trainer
4 2 (14.29%) DBA
5 1 (7.14%) Applications Developer
5 1 (7.14%) Information Architect
5 1 (7.14%) Support Analyst
5 1 (7.14%) Applications Support
5 1 (7.14%) Developer
5 1 (7.14%) Test Manager
5 1 (7.14%) Senior Consultant
5 1 (7.14%) Architect
5 1 (7.14%) Project Manager
5 1 (7.14%) Lead Architect
5 1 (7.14%) Murex Support Analyst
5 1 (7.14%) Sybase Developer
5 1 (7.14%) Murex Support
Miscellaneous
1 3 (21.43%) Foreign Exchange (FX)
1 3 (21.43%) Fixed Income
2 2 (14.29%) Derivative
3 1 (7.14%) Credit Derivative
3 1 (7.14%) CESG
Operating Systems
1 3 (21.43%) UNIX
2 2 (14.29%) Windows
3 1 (7.14%) Linux
Processes & Methodologies
1 5 (35.71%) Migration
2 3 (21.43%) Data Management
3 2 (14.29%) Analytics
3 2 (14.29%) PRINCE2
4 1 (7.14%) Service Delivery
4 1 (7.14%) Validation
4 1 (7.14%) Risk Management
4 1 (7.14%) Workflow
4 1 (7.14%) Six Sigma
4 1 (7.14%) Project Management
4 1 (7.14%) Stress Testing
4 1 (7.14%) Test Management
4 1 (7.14%) Information Assurance
4 1 (7.14%) Security Architecture
4 1 (7.14%) Business Analysis
4 1 (7.14%) Agile Software Development
4 1 (7.14%) Stakeholder Management
Programming Languages
1 5 (35.71%) SQL
2 3 (21.43%) C++
Qualifications
1 1 (7.14%) ISEB
1 1 (7.14%) PRINCE2 Certification
1 1 (7.14%) PMP
1 1 (7.14%) PMI Certification
1 1 (7.14%) ISTQB
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 1 (7.14%) ISO 14001
1 1 (7.14%) ISO 9001
1 1 (7.14%) EMIR
1 1 (7.14%) Dodd-Frank
Systems Management
1 1 (7.14%) HP Quality Center
Vendors
1 7 (50.00%) Murex
2 3 (21.43%) Sybase
3 2 (14.29%) Calypso
3 2 (14.29%) Oracle
4 1 (7.14%) HP
4 1 (7.14%) Sophis
City, London
Marcus Donald People
Rate: Negotiable (depending on experience)
Posted: 1 hour ago
City of London
Huxley Associates
Rate: £450 - £550 per annum + competitive
Posted: 7 days ago