The first table below looks at the demand 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 23 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the City of London region.

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
23 Apr 2014
Same period 2013 Same period 2012
Misys Summit
Rank 194 177 205
Rank change year-on-year
-17 +28
Contract jobs citing Summit 14 24 19
As % of all contract IT jobs located in the City of London 0.22% 0.38% 0.24%
As % of the Business Applications category 2.83% 4.01% 3.39%
Number of daily rates quoted 11 11 13
Average daily rate £600 £500 £550
Average daily rate % change year-on-year
+20.00% -9.09%
90% offered a daily rate of more than £525 £425 £430
10% offered a daily rate of more than £700 £525 £620
UK excluding London average daily rate £431 £311 £320
% change year-on-year
+38.66% -2.81%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £27.00 - £18.60
Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
494 599 560
As % of all contract IT jobs located in the City of London 7.66% 9.42% 6.97%
Number of daily rates quoted 357 421 364
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £310 £350 £313
10% offered a daily rate of more than £625 £600 £650
UK excluding London average daily rate £400 £425 £430
% change year-on-year
-5.88% -1.16%
Number of hourly rates quoted 4 3 5
Average hourly rate £50.00 £12.00 £50.00
Average hourly rate % change year-on-year
+316.66% -76.00%
90% offered a hourly rate of more than £15.25 £11.60 £11.84
10% offered a hourly rate of more than £56.25 £30.75 £56.82
UK excluding London average hourly rate £36.25 £37.80 £20.00
% change year-on-year
-4.11% +89.00%
Summit
London

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 23 April 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 23 April 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 12 (50.00%) SQL
2 11 (45.83%) Front Office
3 10 (41.67%) Foreign Exchange (FX)
4 9 (37.50%) Derivative
4 9 (37.50%) Banking
5 7 (29.17%) Fixed Income
5 7 (29.17%) Oracle
6 6 (25.00%) Finance
6 6 (25.00%) Investment Banking
7 5 (20.83%) Migration
7 5 (20.83%) C++
7 5 (20.83%) Windows
7 5 (20.83%) Murex
7 5 (20.83%) Analytics
8 4 (16.67%) C#
8 4 (16.67%) Data Management
8 4 (16.67%) Back Office
9 3 (12.50%) Risk Management
9 3 (12.50%) Validation
9 3 (12.50%) Grid Computing
9 3 (12.50%) Release Management
9 3 (12.50%) Calypso
9 3 (12.50%) SQL Server
10 2 (8.33%) T-SQL
10 2 (8.33%) Solaris
10 2 (8.33%) MS Excel
10 2 (8.33%) Middleware
10 2 (8.33%) Risk Analysis
10 2 (8.33%) Credit Derivative
10 2 (8.33%) French Language

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

For the 6 months to 23 April 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 2 (8.33%) MS Excel
Database & Business Intelligence
1 3 (12.50%) SQL Server
2 1 (4.17%) Oracle Database
2 1 (4.17%) Data Mining
General
1 11 (45.83%) Front Office
2 9 (37.50%) Banking
3 6 (25.00%) Finance
3 6 (25.00%) Investment Banking
4 4 (16.67%) Back Office
5 2 (8.33%) French Language
6 1 (4.17%) Advertising
6 1 (4.17%) Financial Institution
Job Titles
1 12 (50.00%) Analyst
2 5 (20.83%) Consultant
3 4 (16.67%) Support Analyst
4 3 (12.50%) Developer
4 3 (12.50%) Summit Developer
4 3 (12.50%) Quantitative Analyst
4 3 (12.50%) Business Analyst
5 2 (8.33%) Trainer
5 2 (8.33%) Senior Business Analyst
5 2 (8.33%) Senior Analyst
6 1 (4.17%) Trade Floor Support Analyst
6 1 (4.17%) Oracle DBA
6 1 (4.17%) Summit Support Analyst
6 1 (4.17%) Murex Support Analyst
6 1 (4.17%) Murex Support
6 1 (4.17%) Murex Analyst
6 1 (4.17%) Support Consultant
6 1 (4.17%) Administrator
6 1 (4.17%) DBA
6 1 (4.17%) Senior Consultant
Libraries, Frameworks & Software Standards
1 2 (8.33%) Middleware
2 1 (4.17%) XML
2 1 (4.17%) XSLT
Miscellaneous
1 10 (41.67%) Foreign Exchange (FX)
2 9 (37.50%) Derivative
3 7 (29.17%) Fixed Income
4 3 (12.50%) Grid Computing
5 2 (8.33%) Credit Derivative
5 2 (8.33%) Interest Rate Derivative
6 1 (4.17%) Tandem
6 1 (4.17%) Energy Derivatives
6 1 (4.17%) Swaptions
6 1 (4.17%) Credit Risk
Operating Systems
1 5 (20.83%) Windows
2 2 (8.33%) Solaris
3 1 (4.17%) UNIX
Processes & Methodologies
1 5 (20.83%) Migration
1 5 (20.83%) Analytics
2 4 (16.67%) Data Management
3 3 (12.50%) Risk Management
3 3 (12.50%) Validation
3 3 (12.50%) Release Management
4 2 (8.33%) Risk Analysis
4 2 (8.33%) Workflow
4 2 (8.33%) Unit Testing
4 2 (8.33%) Root Cause Analysis
5 1 (4.17%) Integration Testing
5 1 (4.17%) Monte Carlo Method
5 1 (4.17%) Portfolio Management
5 1 (4.17%) Low Latency
5 1 (4.17%) Programme Management
5 1 (4.17%) Business Analysis
5 1 (4.17%) User Acceptance Testing
5 1 (4.17%) Stress Testing
5 1 (4.17%) Service Delivery
5 1 (4.17%) Change Management
Programming Languages
1 12 (50.00%) SQL
2 5 (20.83%) C++
3 4 (16.67%) C#
4 2 (8.33%) T-SQL
5 1 (4.17%) Perl
5 1 (4.17%) PL/SQL
Qualifications
1 1 (4.17%) Degree
1 1 (4.17%) PMP
1 1 (4.17%) PMI Certification
Quality Assurance & Compliance
1 2 (8.33%) EMIR
2 1 (4.17%) Dodd-Frank
Vendors
1 7 (29.17%) Oracle
2 5 (20.83%) Murex
3 3 (12.50%) Calypso
4 2 (8.33%) Sophis
5 1 (4.17%) Sybase
City, London
Hatstand Limited
Rate: £500 - £625 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £600 - £800 per day
Posted: 25 days ago