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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Misys Summit
Rank 190 195 188
Rank change year-on-year
+5 -7
Contract jobs citing Summit 10 13 12
As % of all contract IT jobs located in the City of London 0.18% 0.19% 0.20%
As % of the Business Applications category 2.09% 2.50% 2.47%
Number of daily rates quoted 10 9 8
Average daily rate
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of your Daily Rate
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£540 £525 £588
Average daily rate % change year-on-year
+2.85% -10.63%
90% offered a daily rate of more than £325 £495 £280
10% offered a daily rate of more than £610 £625 £665
UK excluding London average daily rate £399 £423 £346
% change year-on-year
-5.62% +22.24%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £15.08 £35.00 £12.15
% change year-on-year
-56.92% +188.18%
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
479 519 485
As % of all contract IT jobs located in the City of London 8.49% 7.63% 7.91%
Number of daily rates quoted 356 348 371
Average daily rate £475 £475 £450
Average daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £288 £332 £325
10% offered a daily rate of more than £650 £650 £600
UK excluding London average daily rate £425 £425 £410
% change year-on-year
- +3.65%
Number of hourly rates quoted 3 5 6
Average hourly rate £19.50 £29.20 £43.48
Average hourly rate % change year-on-year
-33.20% -32.84%
UK excluding London average hourly rate £17.50 £35.00 £36.00
% change year-on-year
-50.00% -2.77%

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 19 December 2014.

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 19 December 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 7 (58.33%) Banking
2 5 (41.67%) Front Office
3 4 (33.33%) User Acceptance Testing
3 4 (33.33%) Analytics
3 4 (33.33%) Analytical Skills
4 3 (25.00%) HP Quality Center
4 3 (25.00%) FpML
4 3 (25.00%) XML
4 3 (25.00%) Murex
4 3 (25.00%) ISEB
4 3 (25.00%) Market Risk
4 3 (25.00%) Degree
4 3 (25.00%) Risk Management
5 2 (16.67%) MKS
5 2 (16.67%) Finance
5 2 (16.67%) PowerMart
5 2 (16.67%) Equities
5 2 (16.67%) ISEB Practitioner
5 2 (16.67%) Investment Banking
5 2 (16.67%) Visual Studio
5 2 (16.67%) Software Testing
5 2 (16.67%) Derivative
5 2 (16.67%) Oracle
5 2 (16.67%) Data Warehouse
5 2 (16.67%) C++
5 2 (16.67%) Perl
5 2 (16.67%) Informatica
5 2 (16.67%) QuickTest Pro
5 2 (16.67%) Control-M
5 2 (16.67%) Bloomberg

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

For the 6 months to 19 December 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 (8.33%) MS Project
1 1 (8.33%) MS Office
Communications & Networking
1 1 (8.33%) Internet
Database & Business Intelligence
1 2 (16.67%) PowerMart
1 2 (16.67%) Data Warehouse
2 1 (8.33%) Relational Database
Development Applications
1 2 (16.67%) Visual Studio
1 2 (16.67%) QuickTest Pro
General
1 7 (58.33%) Banking
2 5 (41.67%) Front Office
3 2 (16.67%) Finance
3 2 (16.67%) Investment Banking
Job Titles
1 4 (33.33%) Business Analyst
1 4 (33.33%) Analyst
2 2 (16.67%) Developer
2 2 (16.67%) C++ Developer
2 2 (16.67%) Summit Developer
2 2 (16.67%) Test Manager
3 1 (8.33%) Defect Manager
3 1 (8.33%) Consultant
3 1 (8.33%) Information Architect
3 1 (8.33%) Systems Support
3 1 (8.33%) Technical Support
3 1 (8.33%) Support Specialist
3 1 (8.33%) Support Consultant
3 1 (8.33%) Architect
3 1 (8.33%) Lead Architect
3 1 (8.33%) Credit Risk Analyst
3 1 (8.33%) Credit Analyst
3 1 (8.33%) Credit Risk Business Analyst
3 1 (8.33%) Risk Analyst
3 1 (8.33%) Technical Specialist
Libraries, Frameworks & Software Standards
1 3 (25.00%) FpML
1 3 (25.00%) XML
Miscellaneous
1 4 (33.33%) Analytical Skills
2 3 (25.00%) Market Risk
3 2 (16.67%) Equities
3 2 (16.67%) Derivative
3 2 (16.67%) SWIFT
4 1 (8.33%) Mathematics
4 1 (8.33%) Credit Risk
4 1 (8.33%) CESG
Operating Systems
1 1 (8.33%) UNIX
Processes & Methodologies
1 4 (33.33%) User Acceptance Testing
1 4 (33.33%) Analytics
2 3 (25.00%) Risk Management
3 2 (16.67%) Software Testing
3 2 (16.67%) Test Strategy
4 1 (8.33%) Security Architecture
4 1 (8.33%) Data Reconciliation
4 1 (8.33%) Project Management
4 1 (8.33%) PRINCE2
4 1 (8.33%) Test Management
4 1 (8.33%) Monte Carlo Method
4 1 (8.33%) Information Assurance
4 1 (8.33%) Business Analysis
4 1 (8.33%) Asset Management
4 1 (8.33%) Agile Software Development
4 1 (8.33%) Workflow
Programming Languages
1 2 (16.67%) C++
1 2 (16.67%) Perl
2 1 (8.33%) MATLAB
2 1 (8.33%) SQL
2 1 (8.33%) VBA
2 1 (8.33%) Python
Qualifications
1 3 (25.00%) ISEB
1 3 (25.00%) Degree
2 2 (16.67%) ISEB Practitioner
3 1 (8.33%) PRINCE2 Certification
3 1 (8.33%) ISTQB
Quality Assurance & Compliance
1 1 (8.33%) ISO 14001
1 1 (8.33%) ISO 9001
1 1 (8.33%) QA
Systems Management
1 3 (25.00%) HP Quality Center
2 2 (16.67%) Control-M
Vendors
1 3 (25.00%) Murex
2 2 (16.67%) MKS
2 2 (16.67%) Oracle
2 2 (16.67%) Informatica
2 2 (16.67%) Bloomberg
3 1 (8.33%) Misys
3 1 (8.33%) HP
City of London
Real Staffing
Rate: £250 - £300 per day + competitive
Posted: 2 days ago