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 31 October 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
31 Oct 2014
Same period 2013 Same period 2012
Misys Summit
Rank 200 212 192
Rank change year-on-year
+12 -20
Contract jobs citing Summit 7 13 24
As % of all contract IT jobs located in the City of London 0.12% 0.18% 0.34%
As % of the Business Applications category 1.29% 2.30% 4.09%
Number of daily rates quoted 7 8 18
Average daily rate
Keep up to 90%
of your Daily Rate
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£530 £510 £538
Average daily rate % change year-on-year
+3.92% -5.11%
90% offered a daily rate of more than £325 £468 £413
10% offered a daily rate of more than £585 £551 £658
UK excluding London average daily rate £384 £458 £283
% change year-on-year
-16.12% +61.58%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £35.00 £12.32
% change year-on-year
- +184.03%
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
544 564 587
As % of all contract IT jobs located in the City of London 9.03% 7.84% 8.42%
Number of daily rates quoted 414 377 439
Average daily rate £475 £475 £475
90% offered a daily rate of more than £325 £325 £350
10% offered a daily rate of more than £614 £650 £600
UK excluding London average daily rate £425 £405 £425
% change year-on-year
+4.93% -4.70%
Number of hourly rates quoted 3 2 3
Average hourly rate £19.50 £17.25 £24.50
Average hourly rate % change year-on-year
+13.04% -29.59%
UK excluding London average hourly rate £25.13 £22.50 £36.00
% change year-on-year
+11.66% -37.50%

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 31 October 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 31 October 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 8 (72.73%) Banking
2 5 (45.45%) Front Office
2 5 (45.45%) Murex
3 4 (36.36%) User Acceptance Testing
3 4 (36.36%) Analytical Skills
4 3 (27.27%) HP Quality Center
4 3 (27.27%) Analytics
4 3 (27.27%) Investment Banking
4 3 (27.27%) ISEB
4 3 (27.27%) Oracle
4 3 (27.27%) XML
4 3 (27.27%) FpML
5 2 (18.18%) Informatica
5 2 (18.18%) QuickTest Pro
5 2 (18.18%) Control-M
5 2 (18.18%) Bloomberg
5 2 (18.18%) Perl
5 2 (18.18%) Sybase
5 2 (18.18%) UNIX
5 2 (18.18%) Data Warehouse
5 2 (18.18%) ISEB Practitioner
5 2 (18.18%) Equities
5 2 (18.18%) Risk Management
5 2 (18.18%) MKS
5 2 (18.18%) Finance
5 2 (18.18%) PowerMart
5 2 (18.18%) SWIFT
5 2 (18.18%) Test Strategy
5 2 (18.18%) Visual Studio
5 2 (18.18%) Market Risk

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

For the 6 months to 31 October 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 (9.09%) MS Project
1 1 (9.09%) MS Office
Communications & Networking
1 1 (9.09%) Internet
Database & Business Intelligence
1 2 (18.18%) Data Warehouse
1 2 (18.18%) PowerMart
2 1 (9.09%) Oracle Database
Development Applications
1 2 (18.18%) Visual Studio
1 2 (18.18%) QuickTest Pro
General
1 8 (72.73%) Banking
2 5 (45.45%) Front Office
3 3 (27.27%) Investment Banking
4 2 (18.18%) Finance
Job Titles
1 3 (27.27%) Analyst
1 3 (27.27%) Business Analyst
2 2 (18.18%) Test Manager
3 1 (9.09%) Consultant
3 1 (9.09%) DBA
3 1 (9.09%) Applications Developer
3 1 (9.09%) Information Architect
3 1 (9.09%) Systems Support
3 1 (9.09%) Technical Support
3 1 (9.09%) Support Specialist
3 1 (9.09%) Applications Support
3 1 (9.09%) Support Consultant
3 1 (9.09%) Administrator
3 1 (9.09%) Release Manager
3 1 (9.09%) Oracle DBA
3 1 (9.09%) Technical Specialist
3 1 (9.09%) Sybase Developer
3 1 (9.09%) Technical Support Specialist
3 1 (9.09%) Lead Architect
3 1 (9.09%) Defect Manager
Libraries, Frameworks & Software Standards
1 3 (27.27%) XML
1 3 (27.27%) FpML
Miscellaneous
1 4 (36.36%) Analytical Skills
2 2 (18.18%) Equities
2 2 (18.18%) Market Risk
2 2 (18.18%) SWIFT
3 1 (9.09%) CESG
3 1 (9.09%) Derivative
Operating Systems
1 2 (18.18%) UNIX
2 1 (9.09%) Windows
2 1 (9.09%) Linux
Processes & Methodologies
1 4 (36.36%) User Acceptance Testing
2 3 (27.27%) Analytics
3 2 (18.18%) Software Testing
3 2 (18.18%) Test Strategy
3 2 (18.18%) Risk Management
4 1 (9.09%) Workflow
4 1 (9.09%) Migration
4 1 (9.09%) Stakeholder Management
4 1 (9.09%) Agile Software Development
4 1 (9.09%) Business Analysis
4 1 (9.09%) Test Management
4 1 (9.09%) Information Assurance
4 1 (9.09%) Security Architecture
4 1 (9.09%) PRINCE2
4 1 (9.09%) Project Management
4 1 (9.09%) Data Reconciliation
Programming Languages
1 2 (18.18%) Perl
2 1 (9.09%) SQL
Qualifications
1 3 (27.27%) ISEB
2 2 (18.18%) ISEB Practitioner
2 2 (18.18%) Degree
3 1 (9.09%) ISTQB
3 1 (9.09%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (9.09%) ISO 9001
1 1 (9.09%) ISO 14001
Systems Management
1 3 (27.27%) HP Quality Center
2 2 (18.18%) Control-M
Vendors
1 5 (45.45%) Murex
2 3 (27.27%) Oracle
3 2 (18.18%) Sybase
3 2 (18.18%) Informatica
3 2 (18.18%) Bloomberg
3 2 (18.18%) MKS
4 1 (9.09%) HP