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 May 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.

Location
3 months to
29 May 2015
Same period 2014 Same period 2013
Misys Summit
Rank 186 194 172
Rank change year-on-year
+8 -22
Contract jobs citing Summit 5 11 39
As % of all contract IT jobs located in the City of London 0.093% 0.18% 0.60%
As % of the Business Applications category 1.07% 2.58% 6.45%
Number of daily rates quoted 5 7 24
Average daily rate
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of your Daily Rate
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£675 £600 £594
Average daily rate % change year-on-year
+12.50% +1.05%
UK excluding London average daily rate £388 £425 £331
% change year-on-year
-8.82% +28.59%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.46 £19.00 -
% change year-on-year
+2.39% -
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
467 427 605
As % of all contract IT jobs located in the City of London 8.65% 7.17% 9.26%
Number of daily rates quoted 321 306 435
Average daily rate £488 £475 £451
Average daily rate % change year-on-year
+2.63% +5.43%
90% offered a daily rate of more than £350 £325 £325
10% offered a daily rate of more than £625 £650 £600
UK excluding London average daily rate £425 £400 £425
% change year-on-year
+6.25% -5.88%
Number of hourly rates quoted 1 3 9
Average hourly rate £21.30 £50.00 £32.58
Average hourly rate % change year-on-year
-57.40% +53.46%
UK excluding London average hourly rate £22.50 £35.00 £37.80
% change year-on-year
-35.71% -7.40%

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
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Summit across the City of London region over the 3 months to 29 May 2015.

Summit Daily Rate Histogram 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 May 2015, 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 6 (66.67%) Banking
1 6 (66.67%) Derivative
2 5 (55.56%) EMIR
2 5 (55.56%) Dodd-Frank
3 4 (44.44%) SQL
3 4 (44.44%) Project Management
3 4 (44.44%) Change Management
4 2 (22.22%) Market Risk
4 2 (22.22%) Relational Database
4 2 (22.22%) Front Office
4 2 (22.22%) Risk Management
4 2 (22.22%) Bloomberg
4 2 (22.22%) VBA
4 2 (22.22%) C#
4 2 (22.22%) C++
4 2 (22.22%) Microsoft
5 1 (11.11%) Murex
5 1 (11.11%) Misys
5 1 (11.11%) Calypso
5 1 (11.11%) Reuters
5 1 (11.11%) HTML
5 1 (11.11%) Java
5 1 (11.11%) .NET
5 1 (11.11%) SQL Server
5 1 (11.11%) XML
5 1 (11.11%) UNIX
5 1 (11.11%) Windows
5 1 (11.11%) Linux
5 1 (11.11%) OO
5 1 (11.11%) Python

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

For the 6 months to 29 May 2015, 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 (11.11%) MS Excel
Database & Business Intelligence
1 2 (22.22%) Relational Database
2 1 (11.11%) SQL Server
2 1 (11.11%) MS Access
General
1 6 (66.67%) Banking
2 2 (22.22%) Front Office
3 1 (11.11%) Finance
3 1 (11.11%) Investment Banking
Job Titles
1 4 (44.44%) Project Manager
2 3 (33.33%) Analyst
3 2 (22.22%) Risk Analyst
3 2 (22.22%) Business Analyst
4 1 (11.11%) Developer
4 1 (11.11%) C++ Developer
4 1 (11.11%) C# Developer
4 1 (11.11%) Credit Analyst
4 1 (11.11%) Credit Risk Business Analyst
4 1 (11.11%) Credit Risk Analyst
4 1 (11.11%) Market Analyst
4 1 (11.11%) C++/C# Developer
4 1 (11.11%) Front Office Developer
4 1 (11.11%) Applications Support
4 1 (11.11%) Market Risk Analyst
4 1 (11.11%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 1 (11.11%) HTML
1 1 (11.11%) .NET
1 1 (11.11%) XML
1 1 (11.11%) WinForms
1 1 (11.11%) Castor
Miscellaneous
1 6 (66.67%) Derivative
2 2 (22.22%) Market Risk
3 1 (11.11%) Mathematics
3 1 (11.11%) Credit Risk
Operating Systems
1 1 (11.11%) UNIX
1 1 (11.11%) Windows
1 1 (11.11%) Linux
Processes & Methodologies
1 4 (44.44%) Project Management
1 4 (44.44%) Change Management
2 2 (22.22%) Risk Management
3 1 (11.11%) OO
3 1 (11.11%) OOD
3 1 (11.11%) Agile Software Development
3 1 (11.11%) Stress Testing
3 1 (11.11%) Multithreading
3 1 (11.11%) Monte Carlo Method
3 1 (11.11%) Analytics
3 1 (11.11%) Asset Management
3 1 (11.11%) Business Analysis
Programming Languages
1 4 (44.44%) SQL
2 2 (22.22%) VBA
2 2 (22.22%) C#
2 2 (22.22%) C++
3 1 (11.11%) Java
3 1 (11.11%) Python
3 1 (11.11%) MATLAB
3 1 (11.11%) T-SQL
3 1 (11.11%) VB
3 1 (11.11%) C
Qualifications
1 1 (11.11%) Degree
Quality Assurance & Compliance
1 5 (55.56%) EMIR
1 5 (55.56%) Dodd-Frank
2 1 (11.11%) FATCA
Vendors
1 2 (22.22%) Bloomberg
1 2 (22.22%) Microsoft
2 1 (11.11%) Murex
2 1 (11.11%) Misys
2 1 (11.11%) Calypso
2 1 (11.11%) Reuters
2 1 (11.11%) DevExpress
City, London
McGregor Boyall
Rate: £700 - £900 per day
Posted: Yesterday
City of London
Real Staffing
Rate: £650 - £700 per day
Posted: 2 days ago