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 18 June 2013 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
18 Jun 2013
Same period 2012 Same period 2011
Misys Summit
Rank 177 194 214
Rank change year-on-year
+17 +20
Contract jobs citing Summit 38 28 34
As % of all contract IT jobs located in the City of London 0.551% 0.363% 0.339%
As % of the Business Applications category 6.859% 5.166% 4.485%
Number of daily rates quoted 23 21 26
Average daily rate £600 £450 £550
Average daily rate % change year-on-year
+33.33% -18.18%
90% offered a daily rate of more than £492 £275 £323
10% offered a daily rate of more than £690 £750 £700
UK excluding London average daily rate £331 £320 £275
% change year-on-year
+3.28% +16.36%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.70 £32.00
% change year-on-year
- -54.07%
All Business Applications
City of London
Contract IT job ads with a match in the
Business Applications category
554 542 758
As % of all contract IT jobs located in the City of London 8.035% 7.027% 7.557%
Number of daily rates quoted 393 366 546
Average daily rate £450 £475 £525
Average daily rate % change year-on-year
-5.26% -9.52%
90% offered a daily rate of more than £348 £313 £350
10% offered a daily rate of more than £625 £650 £675
UK excluding London average daily rate £425 £425 £405
% change year-on-year
- +4.93%
Number of hourly rates quoted 10 5 2
Average hourly rate £32.58 £44.50 £34.25
Average hourly rate % change year-on-year
-26.78% +29.92%
90% offered a hourly rate of more than £12.00 £15.10 £19.65
10% offered a hourly rate of more than £39.51 £53.80 £48.85
UK excluding London average hourly rate £36.75 £25.00 £29.00
% change year-on-year
+47.00% -13.79%
Summit
London

Summit
Jobs Demand Trend

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.

City of London Summit Jobs Demand Trend

Summit
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Summit across the City of London region.

City of London Summit Daily Rate Trend

Summit
Daily Rate Histogram

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 18 June 2013.

City of London Summit Daily Rate Histogram

Summit
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Summit across the City of London region.

City of London Summit Hourly Rate Trend

Summit
Top 30 Related IT Skills

For the 6 months to 18 June 2013, 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 27 (52.94%) Finance
2 26 (50.98%) Banking
3 17 (33.33%) Investment Banking
3 17 (33.33%) Oracle
4 16 (31.37%) Java
5 14 (27.45%) C++
5 14 (27.45%) Back Office
6 13 (25.49%) Sybase
7 11 (21.57%) Murex
8 10 (19.61%) Foreign Exchange (FX)
9 9 (17.65%) SAP
9 9 (17.65%) QA
10 8 (15.69%) C#
10 8 (15.69%) UML
11 7 (13.73%) OO
11 7 (13.73%) JBoss
11 7 (13.73%) Informatica
11 7 (13.73%) Calypso
11 7 (13.73%) Financial Institution
11 7 (13.73%) Fixed Income
11 7 (13.73%) Subversion
11 7 (13.73%) ESB
12 6 (11.76%) Derivative
12 6 (11.76%) Front Office
12 6 (11.76%) Configuration Management
12 6 (11.76%) SQL
13 5 (9.804%) Migration
13 5 (9.804%) Business Analysis
14 4 (7.843%) Equities
15 3 (5.882%) Stakeholder Management

Summit
Top Related IT Skills by Category

For the 6 months to 18 June 2013, 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.

Application Development
1 2 (3.922%) LAMP
2 1 (1.961%) SAP Basis
2 1 (1.961%) .NET
2 1 (1.961%) SAML
2 1 (1.961%) FpML
Application Platforms
1 7 (13.73%) ESB
2 1 (1.961%) SAP Portal
2 1 (1.961%) NetWeaver
Applications
1 2 (3.922%) MS Excel
2 1 (1.961%) MS Visio
2 1 (1.961%) MS PowerPoint
2 1 (1.961%) MS Office
Business Applications
1 2 (3.922%) Front Arena
2 1 (1.961%) SAP FI-GL
2 1 (1.961%) Oracle General Ledger
2 1 (1.961%) Bloomberg TOMS
2 1 (1.961%) Endur
Communications & Networking
1 1 (1.961%) Kerberos
1 1 (1.961%) TCP/IP
1 1 (1.961%) VPN
Database & Business Intelligence
1 2 (3.922%) SQL Server
1 2 (3.922%) Oracle 8/8i
1 2 (3.922%) RDBMS
1 2 (3.922%) SQL Server 2000
1 2 (3.922%) SQL Server 2005
2 1 (1.961%) QlikView
2 1 (1.961%) Oracle 11g
2 1 (1.961%) BusinessObjects
2 1 (1.961%) SAP BW
2 1 (1.961%) TOAD
Development Applications
1 7 (13.73%) Subversion
2 1 (1.961%) Team Foundation Server
2 1 (1.961%) Balsamiq Mockups
2 1 (1.961%) ClearCase
2 1 (1.961%) ERwin
General
1 27 (52.94%) Finance
2 26 (50.98%) Banking
3 17 (33.33%) Investment Banking
4 14 (27.45%) Back Office
5 7 (13.73%) Financial Institution
6 6 (11.76%) Front Office
7 1 (1.961%) Legal
7 1 (1.961%) French Language
7 1 (1.961%) Spanish Language
7 1 (1.961%) Retail
Job Titles
1 15 (29.41%) Analyst
2 14 (27.45%) Business Analyst
3 9 (17.65%) Architect
3 9 (17.65%) Solutions Architect
4 8 (15.69%) Developer
4 8 (15.69%) Summit Business Analyst
5 7 (13.73%) Technical Leader
6 5 (9.804%) Summit Developer
6 5 (9.804%) Senior Developer
7 2 (3.922%) Systems Administrator
7 2 (3.922%) Configuration Manager
7 2 (3.922%) Administrator
7 2 (3.922%) Murex Business Analyst
7 2 (3.922%) Investment Banking Business Analyst
7 2 (3.922%) Linux Systems Administrator
7 2 (3.922%) Linux Administrator
7 2 (3.922%) C# Developer
8 1 (1.961%) C++/C# Developer
8 1 (1.961%) UAT Test Manager
8 1 (1.961%) UAT Manager
Miscellaneous
1 10 (19.61%) Foreign Exchange (FX)
2 7 (13.73%) Fixed Income
3 6 (11.76%) Derivative
4 4 (7.843%) Equities
5 3 (5.882%) Client/Server
5 3 (5.882%) Credit Risk
6 2 (3.922%) Market Risk
6 2 (3.922%) Swaptions
6 2 (3.922%) Open Source
7 1 (1.961%) SWIFT
7 1 (1.961%) Reference Data
7 1 (1.961%) Credit Derivative
7 1 (1.961%) Blackberry
7 1 (1.961%) Interest Rate Derivative
7 1 (1.961%) Equity Derivative
7 1 (1.961%) Physics
7 1 (1.961%) Computer Science
Operating Systems
1 3 (5.882%) Windows
1 3 (5.882%) Linux
2 2 (3.922%) Red Hat Enterprise Linux
3 1 (1.961%) Solaris
3 1 (1.961%) UNIX
Processes & Methodologies
1 8 (15.69%) UML
2 7 (13.73%) OO
3 6 (11.76%) Configuration Management
4 5 (9.804%) Business Analysis
4 5 (9.804%) Migration
5 3 (5.882%) Stakeholder Management
5 3 (5.882%) Supplier Management
5 3 (5.882%) OOD
5 3 (5.882%) SOA
6 2 (3.922%) Project Management
6 2 (3.922%) Business Continuity
6 2 (3.922%) Data Analysis
6 2 (3.922%) Test Strategy
6 2 (3.922%) Analytics
7 1 (1.961%) Business Transformation
7 1 (1.961%) Risk Analytics
7 1 (1.961%) Change Management
7 1 (1.961%) GAP Analysis
7 1 (1.961%) Risk Management
7 1 (1.961%) ERP
Programming Languages
1 16 (31.37%) Java
2 14 (27.45%) C++
3 8 (15.69%) C#
4 6 (11.76%) SQL
5 2 (3.922%) Bash shell
5 2 (3.922%) Perl
5 2 (3.922%) Ruby
6 1 (1.961%) Korn
6 1 (1.961%) PowerShell
6 1 (1.961%) Bourne shell
6 1 (1.961%) C
6 1 (1.961%) ABAP
6 1 (1.961%) VBA
Qualifications
1 2 (3.922%) Degree
Quality Assurance & Compliance
1 9 (17.65%) QA
2 2 (3.922%) Basel II
System Software
1 1 (1.961%) Active Directory
Systems Management
1 2 (3.922%) Nagios
1 2 (3.922%) Splunk
1 2 (3.922%) Red Hat Satellite
Vendors
1 17 (33.33%) Oracle
2 13 (25.49%) Sybase
3 11 (21.57%) Murex
4 9 (17.65%) SAP
5 7 (13.73%) JBoss
5 7 (13.73%) Calypso
5 7 (13.73%) Informatica
6 2 (3.922%) Red Hat
6 2 (3.922%) Tieto
6 2 (3.922%) Fidessa
6 2 (3.922%) Bloomberg
6 2 (3.922%) IBM
6 2 (3.922%) Microsoft
7 1 (1.961%) Misys
7 1 (1.961%) Cisco
7 1 (1.961%) Business Objects
7 1 (1.961%) OpenLink
7 1 (1.961%) IXOS
7 1 (1.961%) Thunderhead
7 1 (1.961%) Sophis
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