The table below looks at the statistics for knowledge and experience of SimCorp products and/or services in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 29 June 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within SimCorp.

Location
3 months to
29 Jun 2015
Same period 2014 Same period 2013
SimCorp
Rank 583 557 533
Rank change year-on-year
-26 -24
Contract jobs citing SimCorp 15 12 5
As % of all contract IT jobs located in England 0.029% 0.025% 0.011%
As % of the Vendors category 0.065% 0.055% 0.024%
Number of daily rates quoted 6 11 1
Average daily rate
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of your Daily Rate
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£625 £513 £825
Average daily rate % change year-on-year
+21.95% -37.87%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
SimCorp
UK

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the England region.

Vendors Category
England
Contract IT job ads with a match in the
Vendors category
22902 21940 20514
As % of all contract IT jobs located in England 44.98% 44.99% 46.87%
Number of daily rates quoted 13755 12647 11266
Average daily rate £400 £388 £400
Average daily rate % change year-on-year
+3.22% -3.12%
90% offered a daily rate of more than £230 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 1025 961 1147
Average hourly rate £19.00 £17.50 £20.00
Average hourly rate % change year-on-year
+8.57% -12.50%
90% offered a hourly rate of more than £11.17 £10.50 £11.50
10% offered a hourly rate of more than £41.06 £37.50 £40.00
UK excluding London average hourly rate £18.14 £17.00 £19.50
% change year-on-year
+6.70% -12.82%

SimCorp
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing SimCorp across the England region as a proportion of the total demand within the Vendors category.

SimCorp Jobs Demand Trend in England

SimCorp
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing SimCorp across the England region.

SimCorp Daily Rate Trend in England

SimCorp
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing SimCorp across the England region.

SimCorp Hourly Rate Trend in England

SimCorp
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing SimCorp within the England region over the 3 months to 29 June 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -8 15 £625 +21.95% 13
SimCorp
UK

SimCorp
Top 30 Related IT Skills in England

For the 6 months to 29 June 2015, IT contractor jobs across the England region citing SimCorp 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 SimCorp.

1 36 (90.00%) SimCorp Dimension
2 25 (62.50%) SQL
3 22 (55.00%) Asset Management
4 21 (52.50%) Back Office
5 18 (45.00%) Front Office
6 15 (37.50%) Data Structures
7 13 (32.50%) Charles River
7 13 (32.50%) Fixed Income
8 11 (27.50%) Investment Management
9 10 (25.00%) Cash Management
9 10 (25.00%) Foreign Exchange (FX)
10 9 (22.50%) Data Management
10 9 (22.50%) thinkFolio
10 9 (22.50%) Portfolio Management
11 8 (20.00%) Finance
12 6 (15.00%) Equities
12 6 (15.00%) DTCC
12 6 (15.00%) Data Analysis
13 5 (12.50%) Derivative
13 5 (12.50%) CFA
13 5 (12.50%) Sophis
13 5 (12.50%) LatentZero
13 5 (12.50%) BPR
13 5 (12.50%) Murex
14 4 (10.00%) Metastorm
14 4 (10.00%) Salesforce.com
14 4 (10.00%) Oracle
14 4 (10.00%) Business Objects
14 4 (10.00%) Data Warehouse
14 4 (10.00%) Oracle BPM

SimCorp
Top Related IT Skills in England by Category

For the 6 months to 29 June 2015, IT contractor jobs across the England region citing SimCorp 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 SimCorp. Up to 20 skills are shown per category.

Business Applications
1 36 (90.00%) SimCorp Dimension
2 9 (22.50%) thinkFolio
3 5 (12.50%) LatentZero
4 4 (10.00%) Eagle PACE
4 4 (10.00%) Oracle BPM
4 4 (10.00%) Markit EDM
Database & Business Intelligence
1 4 (10.00%) Data Warehouse
General
1 21 (52.50%) Back Office
2 18 (45.00%) Front Office
3 8 (20.00%) Finance
Job Titles
1 31 (77.50%) Analyst
2 21 (52.50%) Business Analyst
3 13 (32.50%) Senior Business Analyst
3 13 (32.50%) Senior Analyst
4 6 (15.00%) Data Analyst
5 3 (7.50%) Test Manager
5 3 (7.50%) Environment Manager
6 2 (5.00%) Test Environment Manager
7 1 (2.50%) Business Manager
7 1 (2.50%) Consultant
7 1 (2.50%) Technical Analyst
7 1 (2.50%) Implementation Consultant
Libraries, Frameworks & Software Standards
1 3 (7.50%) FIX Protocol
Miscellaneous
1 15 (37.50%) Data Structures
2 13 (32.50%) Fixed Income
3 10 (25.00%) Foreign Exchange (FX)
4 6 (15.00%) Equities
4 6 (15.00%) DTCC
5 5 (12.50%) Derivative
6 2 (5.00%) Analytical Skills
7 1 (2.50%) SWIFT
Processes & Methodologies
1 22 (55.00%) Asset Management
2 11 (27.50%) Investment Management
3 10 (25.00%) Cash Management
4 9 (22.50%) Portfolio Management
4 9 (22.50%) Data Management
5 6 (15.00%) Data Analysis
6 5 (12.50%) BPR
7 4 (10.00%) Test Management
7 4 (10.00%) Test Automation
8 2 (5.00%) Time Management
8 2 (5.00%) Data Cleansing
8 2 (5.00%) Continuous Improvement
8 2 (5.00%) Analytics
8 2 (5.00%) Data Modelling
8 2 (5.00%) Migration
8 2 (5.00%) Risk Analysis
9 1 (2.50%) User Acceptance Testing
9 1 (2.50%) Stakeholder Management
Programming Languages
1 25 (62.50%) SQL
Qualifications
1 5 (12.50%) CFA
2 3 (7.50%) Degree
Quality Assurance & Compliance
1 1 (2.50%) QA
Vendors
1 13 (32.50%) Charles River
2 5 (12.50%) Sophis
2 5 (12.50%) Murex
3 4 (10.00%) Salesforce.com
3 4 (10.00%) Oracle
3 4 (10.00%) Business Objects
3 4 (10.00%) Metastorm
4 1 (2.50%) Bloomberg