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 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 147 183 195
Rank change year-on-year
+36 +12
Contract jobs citing Summit 6 5 11
As % of all contract IT jobs located in the City of London 0.19% 0.097% 0.18%
As % of the Business Applications category 2.59% 1.16% 2.48%
Number of daily rates quoted 3 5 9
Average daily rate £675 £550 £525
Average daily rate % change year-on-year
+22.72% +4.76%
UK excluding London average daily rate £700 - £606
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £35.00
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
232 430 443
As % of all contract IT jobs located in the City of London 7.37% 8.36% 7.44%
Number of daily rates quoted 158 316 282
Average daily rate £480 £475 £450
Average daily rate % change year-on-year
+1.05% +5.55%
90% offered a daily rate of more than £300 £300 £325
10% offered a daily rate of more than £637 £650 £600
UK excluding London average daily rate £425 £425 £415
% change year-on-year
- +2.40%
Number of hourly rates quoted 2 1 5
Average hourly rate £39.50 £45.50 £29.20
Average hourly rate % change year-on-year
-13.18% +55.84%
90% offered a hourly rate of more than £27.10 £45.50 £22.00
10% offered a hourly rate of more than £51.90 £45.50 £32.00
UK excluding London average hourly rate £38.50 £17.75 £35.00
% change year-on-year
+116.90% -49.28%

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 12 February 2016.

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 12 February 2016, 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 (54.55%) Murex
1 6 (54.55%) Calypso
1 6 (54.55%) Front Office
2 5 (45.45%) Banking
3 4 (36.36%) Derivative
4 3 (27.27%) Interest Rate Derivative
4 3 (27.27%) Technical Architecture
4 3 (27.27%) Electronic Trading
4 3 (27.27%) User Acceptance Testing
4 3 (27.27%) SQL
4 3 (27.27%) Project Management
4 3 (27.27%) Investment Banking
5 2 (18.18%) Change Management
5 2 (18.18%) Business Analysis
5 2 (18.18%) Technical Analysis
5 2 (18.18%) EMIR
5 2 (18.18%) Analytical Skills
6 1 (9.09%) System Integration Testing
6 1 (9.09%) Integration Testing
6 1 (9.09%) Data Migration
6 1 (9.09%) Test Automation
6 1 (9.09%) Change Control
6 1 (9.09%) Test Strategy
6 1 (9.09%) Degree
6 1 (9.09%) Contract for Difference
6 1 (9.09%) Swaptions
6 1 (9.09%) Release Management
6 1 (9.09%) Unix
6 1 (9.09%) Windows
6 1 (9.09%) SLA

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

For the 6 months to 12 February 2016, 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.

General
1 6 (54.55%) Front Office
2 5 (45.45%) Banking
3 3 (27.27%) Investment Banking
4 1 (9.09%) Finance
Job Titles
1 6 (54.55%) Analyst
2 4 (36.36%) Business Analyst
2 4 (36.36%) Project Manager
3 3 (27.27%) Murex Project Manager
4 2 (18.18%) Electronic Trading Project Manager
4 2 (18.18%) Senior Manager
4 2 (18.18%) Senior Project Manager
4 2 (18.18%) Summit Business Analyst
5 1 (9.09%) Applications Support
5 1 (9.09%) Applications Support Analyst
5 1 (9.09%) Banking Project Manager
5 1 (9.09%) Murex Analyst
5 1 (9.09%) Murex Business Analyst
5 1 (9.09%) Programme Manager
5 1 (9.09%) Project Analyst
5 1 (9.09%) Senior Analyst
5 1 (9.09%) Senior Business Analyst
5 1 (9.09%) Support Analyst
5 1 (9.09%) Test Manager
5 1 (9.09%) Treasury Business Analyst
Miscellaneous
1 4 (36.36%) Derivative
2 3 (27.27%) Interest Rate Derivative
3 2 (18.18%) Analytical Skills
4 1 (9.09%) Contract for Difference
4 1 (9.09%) Foreign Exchange (FX)
4 1 (9.09%) Replication
4 1 (9.09%) Swaptions
Operating Systems
1 1 (9.09%) Unix
1 1 (9.09%) Windows
Processes & Methodologies
1 3 (27.27%) Electronic Trading
1 3 (27.27%) Project Management
1 3 (27.27%) Technical Architecture
1 3 (27.27%) User Acceptance Testing
2 2 (18.18%) Business Analysis
2 2 (18.18%) Change Management
2 2 (18.18%) Technical Analysis
3 1 (9.09%) Agile Software Development
3 1 (9.09%) Automated Testing
3 1 (9.09%) Change Control
3 1 (9.09%) Data Migration
3 1 (9.09%) Integration Testing
3 1 (9.09%) Migration
3 1 (9.09%) Programme Management
3 1 (9.09%) Release Management
3 1 (9.09%) Stakeholder Management
3 1 (9.09%) System Integration Testing
3 1 (9.09%) Test Automation
3 1 (9.09%) Test Strategy
Programming Languages
1 3 (27.27%) SQL
Qualifications
1 1 (9.09%) Degree
Quality Assurance & Compliance
1 2 (18.18%) EMIR
2 1 (9.09%) SLA
Vendors
1 6 (54.55%) Calypso
1 6 (54.55%) Murex
2 1 (9.09%) Bloomberg
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 10 days ago