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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Misys Summit
Rank 196 187 179
Rank change year-on-year
-9 -8
Contract jobs citing Summit 5 7 36
As % of all contract IT jobs located in the City of London 0.086% 0.12% 0.52%
As % of the Business Applications category 0.98% 1.55% 5.65%
Number of daily rates quoted 5 5 21
Average daily rate
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of your Daily Rate
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£675 £563 £600
Average daily rate % change year-on-year
+20.00% -6.25%
UK excluding London average daily rate £400 £425 £350
% change year-on-year
-5.88% +21.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.46 £19.50 £17.23
% change year-on-year
-0.23% +13.20%
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
509 453 637
As % of all contract IT jobs located in the City of London 8.72% 7.87% 9.18%
Number of daily rates quoted 340 309 452
Average daily rate £500 £475 £450
Average daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £338 £325 £325
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £425 £413 £425
% change year-on-year
+3.03% -2.94%
Number of hourly rates quoted 2 1 11
Average hourly rate £34.40 £32.03 £32.00
Average hourly rate % change year-on-year
+7.39% +0.09%
90% offered a hourly rate of more than £23.92 £32.03 £12.00
10% offered a hourly rate of more than £44.88 £32.03 £39.51
UK excluding London average hourly rate £23.00 £28.00 £36.90
% change year-on-year
-17.85% -24.11%

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 3 July 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 3 July 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 (75.00%) Banking
2 5 (62.50%) EMIR
2 5 (62.50%) Dodd-Frank
2 5 (62.50%) Derivative
3 4 (50.00%) Project Management
3 4 (50.00%) Change Management
4 3 (37.50%) SQL
5 2 (25.00%) C#
5 2 (25.00%) C++
5 2 (25.00%) Microsoft
5 2 (25.00%) Front Office
5 2 (25.00%) Bloomberg
6 1 (12.50%) C
6 1 (12.50%) API Development
6 1 (12.50%) Investment Banking
6 1 (12.50%) Business Analysis
6 1 (12.50%) Market Risk
6 1 (12.50%) Stress Testing
6 1 (12.50%) Multithreading
6 1 (12.50%) Castor
6 1 (12.50%) DevExpress
6 1 (12.50%) FATCA
6 1 (12.50%) Relational Database
6 1 (12.50%) Risk Management
6 1 (12.50%) WinForms
6 1 (12.50%) Agile Software Development
6 1 (12.50%) Murex
6 1 (12.50%) Calypso
6 1 (12.50%) Reuters
6 1 (12.50%) HTML

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

For the 6 months to 3 July 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 (12.50%) MS Excel
Database & Business Intelligence
1 1 (12.50%) SQL Server
1 1 (12.50%) MS Access
1 1 (12.50%) Relational Database
General
1 6 (75.00%) Banking
2 2 (25.00%) Front Office
3 1 (12.50%) Investment Banking
Job Titles
1 4 (50.00%) Project Manager
2 2 (25.00%) Analyst
3 1 (12.50%) Front Office Developer
3 1 (12.50%) Applications Support
3 1 (12.50%) Market Risk Analyst
3 1 (12.50%) C++ Developer
3 1 (12.50%) C# Developer
3 1 (12.50%) Risk Analyst
3 1 (12.50%) IT Business Analyst
3 1 (12.50%) Market Analyst
3 1 (12.50%) C++/C# Developer
3 1 (12.50%) Business Analyst
3 1 (12.50%) Developer
Libraries, Frameworks & Software Standards
1 1 (12.50%) HTML
1 1 (12.50%) .NET
1 1 (12.50%) XML
1 1 (12.50%) WinForms
1 1 (12.50%) Castor
Miscellaneous
1 5 (62.50%) Derivative
2 1 (12.50%) Market Risk
Operating Systems
1 1 (12.50%) UNIX
1 1 (12.50%) Windows
1 1 (12.50%) Linux
Processes & Methodologies
1 4 (50.00%) Project Management
1 4 (50.00%) Change Management
2 1 (12.50%) Risk Management
2 1 (12.50%) Agile Software Development
2 1 (12.50%) Business Analysis
2 1 (12.50%) Stress Testing
2 1 (12.50%) Multithreading
2 1 (12.50%) API Development
2 1 (12.50%) OO
2 1 (12.50%) OOD
Programming Languages
1 3 (37.50%) SQL
2 2 (25.00%) C#
2 2 (25.00%) C++
3 1 (12.50%) Java
3 1 (12.50%) C
3 1 (12.50%) T-SQL
3 1 (12.50%) VB
3 1 (12.50%) VBA
Quality Assurance & Compliance
1 5 (62.50%) EMIR
1 5 (62.50%) Dodd-Frank
2 1 (12.50%) FATCA
Vendors
1 2 (25.00%) Microsoft
1 2 (25.00%) Bloomberg
2 1 (12.50%) DevExpress
2 1 (12.50%) Murex
2 1 (12.50%) Calypso
2 1 (12.50%) Reuters
City, London
Reed Technology
Rate: £475 - £500 per day
Posted: 4 days ago
City of London
Orgtel
Rate: £450 - £550 per day
Posted: 27 days ago