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 contractor rates offered in IT contracts that have cited Summit over the 3 months to 24 February 2017 with a comparison to the same period over 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.

3 months to
24 Feb 2017
Same period 2016 Same period 2015
Misys FusionCapital Summit
London / City of London
Rank 151 149 187
Rank change year-on-year
-2 +38
Contract jobs citing Summit 6 4 5
As % of all contract IT jobs located in the City of London 0.20% 0.13% 0.096%
As % of the Business Applications category 2.78% 1.81% 1.15%
Number of daily rates quoted 6 1 5
Median daily rate £550 £525 £550
Median daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £500 £525 £405
10% offered a daily rate of more than £600 £525 £680
UK excluding London median daily rate - £413 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
216 221 433
As % of all contract IT jobs located in the City of London 7.29% 6.91% 8.35%
Number of daily rates quoted 155 154 314
Median daily rate £448 £486 £475
Median daily rate % change year-on-year
-7.96% +2.36%
90% offered a daily rate of more than £326 £313 £320
10% offered a daily rate of more than £588 £625 £650
UK excluding London median daily rate £450 £420 £425
% change year-on-year
+7.14% -1.17%
Number of hourly rates quoted 2 1 2
Median hourly rate £29.38 £55.00 £31.25
Median hourly rate % change year-on-year
-46.58% +76.00%
UK excluding London median hourly rate £33.00 £30.00 £18.00
% change year-on-year
+10.00% +66.66%

Summit
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Summit as a proportion of all IT contracts with a match in 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 24 February 2017, IT contractor jobs citing Summit also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Summit.

1 8 (88.89%) Murex
1 8 (88.89%) Foreign Exchange (FX)
2 6 (66.67%) Derivative
3 4 (44.44%) User Acceptance Testing
3 4 (44.44%) Finance
4 3 (33.33%) Front Office
4 3 (33.33%) Banking
5 2 (22.22%) Windows Server
5 2 (22.22%) Investment Banking
5 2 (22.22%) Data Architecture
5 2 (22.22%) Risk Management
5 2 (22.22%) IIS
5 2 (22.22%) Unix
5 2 (22.22%) Windows
5 2 (22.22%) Control-M
5 2 (22.22%) Perl
5 2 (22.22%) SQL
6 1 (11.11%) VBA
6 1 (11.11%) Oracle
6 1 (11.11%) Oracle General Ledger
6 1 (11.11%) Test Strategy
6 1 (11.11%) Business Analysis
6 1 (11.11%) Retail
6 1 (11.11%) ION Trading
6 1 (11.11%) Agile Software Development
6 1 (11.11%) Legal
6 1 (11.11%) Migration
6 1 (11.11%) Stakeholder Management
6 1 (11.11%) Orchestrade
6 1 (11.11%) Test Planning

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (22.22%) IIS
Business Applications
1 1 (11.11%) Oracle General Ledger
1 1 (11.11%) Orchestrade
General
1 4 (44.44%) Finance
2 3 (33.33%) Banking
2 3 (33.33%) Front Office
3 2 (22.22%) Investment Banking
4 1 (11.11%) Legal
4 1 (11.11%) Retail
Job Titles
1 6 (66.67%) Analyst
2 4 (44.44%) Test Analyst
3 3 (33.33%) Business Test Analyst
3 3 (33.33%) Credit Analyst
3 3 (33.33%) FX Test Analyst
4 2 (22.22%) Business Analyst
4 2 (22.22%) Data Business Analyst
5 1 (11.11%) Applications Support
5 1 (11.11%) Business Systems Analyst
5 1 (11.11%) Developer
5 1 (11.11%) IT Support
5 1 (11.11%) Murex Support
5 1 (11.11%) Senior Analyst
5 1 (11.11%) Senior Test Analyst
5 1 (11.11%) Summit Support
5 1 (11.11%) VBA Developer
Miscellaneous
1 8 (88.89%) Foreign Exchange (FX)
2 6 (66.67%) Derivative
Operating Systems
1 2 (22.22%) Unix
1 2 (22.22%) Windows
1 2 (22.22%) Windows Server
Processes & Methodologies
1 4 (44.44%) User Acceptance Testing
2 2 (22.22%) Data Architecture
2 2 (22.22%) Risk Management
3 1 (11.11%) Agile Software Development
3 1 (11.11%) Business Analysis
3 1 (11.11%) Migration
3 1 (11.11%) Stakeholder Management
3 1 (11.11%) Test Planning
3 1 (11.11%) Test Strategy
Programming Languages
1 2 (22.22%) Perl
1 2 (22.22%) SQL
2 1 (11.11%) VBA
Systems Management
1 2 (22.22%) Control-M
Vendors
1 8 (88.89%) Murex
2 1 (11.11%) ION Trading
2 1 (11.11%) Oracle
City, London
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