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 31 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.

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

Location
3 months to
31 Jul 2015
Same period 2014 Same period 2013
SimCorp
Rank 587 561 550
Rank change year-on-year
-26 -11
Contract jobs citing SimCorp 8 9 6
As % of all contract IT jobs located in England 0.016% 0.018% 0.013%
As % of the Vendors category 0.035% 0.041% 0.028%
Number of daily rates quoted 5 7 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
22641 22172 21543
As % of all contract IT jobs located in England 43.94% 44.92% 46.27%
Number of daily rates quoted 13646 12517 11993
Average daily rate £400 £388 £388
Average daily rate % change year-on-year
+3.22% -
90% offered a daily rate of more than £225 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 990 998 1118
Average hourly rate £18.71 £18.00 £20.00
Average hourly rate % change year-on-year
+3.94% -10.00%
90% offered a hourly rate of more than £11.00 £11.00 £11.31
10% offered a hourly rate of more than £43.48 £37.50 £41.50
UK excluding London average hourly rate £18.50 £17.50 £19.48
% change year-on-year
+5.71% -10.16%

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 31 July 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 -3 8 £625 +21.95% 12
SimCorp
UK

SimCorp
Top 30 Related IT Skills in England

For the 6 months to 31 July 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 38 (90.48%) SimCorp Dimension
2 25 (59.52%) SQL
2 25 (59.52%) Asset Management
3 21 (50.00%) Back Office
4 19 (45.24%) Front Office
5 16 (38.10%) Charles River
6 15 (35.71%) Fixed Income
6 15 (35.71%) Data Structures
7 12 (28.57%) Investment Management
8 10 (23.81%) thinkFolio
8 10 (23.81%) Cash Management
8 10 (23.81%) Data Management
8 10 (23.81%) Foreign Exchange (FX)
9 9 (21.43%) Finance
9 9 (21.43%) Portfolio Management
10 8 (19.05%) Equities
11 7 (16.67%) Markit EDM
12 6 (14.29%) Data Analysis
12 6 (14.29%) Eagle PACE
12 6 (14.29%) DTCC
12 6 (14.29%) Oracle
12 6 (14.29%) BusinessObjects
13 5 (11.90%) BPR
13 5 (11.90%) Murex
13 5 (11.90%) Sophis
13 5 (11.90%) Derivative
13 5 (11.90%) CFA
13 5 (11.90%) LatentZero
14 4 (9.52%) Test Management
14 4 (9.52%) Oracle BPM

SimCorp
Top Related IT Skills in England by Category

For the 6 months to 31 July 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 38 (90.48%) SimCorp Dimension
2 10 (23.81%) thinkFolio
3 7 (16.67%) Markit EDM
4 6 (14.29%) Eagle PACE
5 5 (11.90%) LatentZero
6 4 (9.52%) Oracle BPM
Database & Business Intelligence
1 6 (14.29%) BusinessObjects
2 4 (9.52%) Data Warehouse
3 2 (4.76%) SQL Server
3 2 (4.76%) Crystal Reports
General
1 21 (50.00%) Back Office
2 19 (45.24%) Front Office
3 9 (21.43%) Finance
4 2 (4.76%) Retail
4 2 (4.76%) Financial Institution
Job Titles
1 32 (76.19%) Analyst
2 22 (52.38%) Business Analyst
3 13 (30.95%) Senior Business Analyst
3 13 (30.95%) Senior Analyst
4 6 (14.29%) Data Analyst
5 3 (7.14%) Test Manager
5 3 (7.14%) Environment Manager
6 2 (4.76%) Test Environment Manager
6 2 (4.76%) Applications Support
7 1 (2.38%) Consultant
7 1 (2.38%) Technical Analyst
7 1 (2.38%) Implementation Consultant
7 1 (2.38%) Business Manager
Libraries, Frameworks & Software Standards
1 3 (7.14%) FIX Protocol
2 2 (4.76%) Middleware
Miscellaneous
1 15 (35.71%) Fixed Income
1 15 (35.71%) Data Structures
2 10 (23.81%) Foreign Exchange (FX)
3 8 (19.05%) Equities
4 6 (14.29%) DTCC
5 5 (11.90%) Derivative
6 2 (4.76%) Wiki
7 1 (2.38%) Hedge funds
7 1 (2.38%) SWIFT
7 1 (2.38%) Analytical Skills
Operating Systems
1 2 (4.76%) UNIX
Processes & Methodologies
1 25 (59.52%) Asset Management
2 12 (28.57%) Investment Management
3 10 (23.81%) Cash Management
3 10 (23.81%) Data Management
4 9 (21.43%) Portfolio Management
5 6 (14.29%) Data Analysis
6 5 (11.90%) BPR
7 4 (9.52%) Test Management
7 4 (9.52%) Test Automation
8 2 (4.76%) Time Management
8 2 (4.76%) Data Cleansing
8 2 (4.76%) Continuous Improvement
8 2 (4.76%) Analytics
8 2 (4.76%) Performance Tuning
8 2 (4.76%) Migration
8 2 (4.76%) ITIL
8 2 (4.76%) Data Modelling
8 2 (4.76%) Incident Management
8 2 (4.76%) Risk Analysis
9 1 (2.38%) User Acceptance Testing
Programming Languages
1 25 (59.52%) SQL
Qualifications
1 5 (11.90%) CFA
2 2 (4.76%) Degree
2 2 (4.76%) ITIL Certification
Quality Assurance & Compliance
1 2 (4.76%) SLA
2 1 (2.38%) QA
Vendors
1 16 (38.10%) Charles River
2 6 (14.29%) Oracle
3 5 (11.90%) Murex
3 5 (11.90%) Sophis
4 4 (9.52%) Metastorm
4 4 (9.52%) Salesforce.com
5 2 (4.76%) Remedy
6 1 (2.38%) Bloomberg