The first table below looks at the demand for knowledge and experience of Sophis 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 Sophis over the 3 months to 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the England 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.

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

Location
3 months to
22 May 2013
Same period 2012 Same period 2011
Sophis
Rank 501 505 484
Rank change year-on-year
+4 -21
Contract jobs citing Sophis 13 65 80
As % of all contract IT jobs located in England 0.031% 0.120% 0.144%
As % of the Vendors category 0.066% 0.259% 0.313%
Number of daily rates quoted 11 46 39
Average daily rate £500 £525 £575
Average daily rate % change year-on-year
-4.76% -8.69%
90% offered a daily rate of more than £375 £338 £495
10% offered a daily rate of more than £675 £613 £650
UK excluding London average daily rate - - £575
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
England
Contract IT job ads with a match in the
Vendors category
19694 25078 25524
As % of all contract IT jobs located in England 46.65% 46.23% 46.08%
Number of daily rates quoted 10834 13246 13131
Average daily rate £400 £400 £423
Average daily rate % change year-on-year
- -5.32%
90% offered a daily rate of more than £230 £238 £250
10% offered a daily rate of more than £550 £550 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1141 1256 1497
Average hourly rate £19.56 £20.00 £20.00
Average hourly rate % change year-on-year
-2.18% -
90% offered a hourly rate of more than £11.34 £11.50 £11.38
10% offered a hourly rate of more than £40.00 £41.50 £39.00
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
Sophis
UK

Sophis
Jobs Demand Trend

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

England Sophis Jobs Demand Trend

Sophis
Daily Rate Trend

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

England Sophis Daily Rate Trend

Sophis
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis across the England region over the 3 months to 22 May 2013.

England Sophis Daily Rate Histogram

Sophis
Hourly Rate Trend

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

England Sophis Hourly Rate Trend

Sophis
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Sophis within the England region over the 3 months to 22 May 2013. 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
(Click each for more statistics)
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
London -21 13 £500 -4.76%
Sophis
UK

Sophis
Top 30 Related IT Skills

For the 6 months to 22 May 2013, IT contractor jobs across the England region citing Sophis 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 Sophis.

1 16 (72.73%) Derivative
2 13 (59.09%) Equity Derivative
2 13 (59.09%) SQL
3 12 (54.55%) Finance
4 11 (50.00%) C++
5 10 (45.45%) PL/SQL
5 10 (45.45%) Oracle
5 10 (45.45%) Banking
6 9 (40.91%) Investment Banking
7 8 (36.36%) Equities
7 8 (36.36%) VB
7 8 (36.36%) Murex
8 7 (31.82%) Calypso
9 6 (27.27%) Summit
9 6 (27.27%) VBA
9 6 (27.27%) Front Office
10 5 (22.73%) Risk Management
10 5 (22.73%) Migration
10 5 (22.73%) Sophis RISQUE
10 5 (22.73%) Degree
10 5 (22.73%) JIRA
10 5 (22.73%) Computer Science
11 4 (18.18%) Wiki
11 4 (18.18%) Oracle OLAP
11 4 (18.18%) Unit Testing
11 4 (18.18%) VB6
11 4 (18.18%) Perforce
11 4 (18.18%) Financial Institution
11 4 (18.18%) OLAP
11 4 (18.18%) UNIX

Sophis
Top Related IT Skills by Category

For the 6 months to 22 May 2013, IT contractor jobs across the England region citing Sophis 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 Sophis. Up to 20 skills are shown per category.

Application Development
1 1 (4.545%) WinForms
1 1 (4.545%) Castor
1 1 (4.545%) WPF
Application Platforms
1 4 (18.18%) SharePoint
1 4 (18.18%) Confluence
Business Applications
1 6 (27.27%) Summit
2 5 (22.73%) Sophis RISQUE
Database & Business Intelligence
1 4 (18.18%) Oracle OLAP
1 4 (18.18%) OLAP
1 4 (18.18%) Data Warehouse
2 2 (9.091%) SQL Server
3 1 (4.545%) MS Access
Development Applications
1 5 (22.73%) JIRA
General
1 12 (54.55%) Finance
2 10 (45.45%) Banking
3 9 (40.91%) Investment Banking
4 6 (27.27%) Front Office
5 4 (18.18%) Financial Institution
6 2 (9.091%) Back Office
Job Titles
1 13 (59.09%) Developer
2 7 (31.82%) Oracle Developer
3 6 (27.27%) SQL Developer
3 6 (27.27%) PL/SQL Developer
3 6 (27.27%) Analyst
4 4 (18.18%) Oracle Database Developer
4 4 (18.18%) Database Developer
4 4 (18.18%) SQL Database Developer
5 3 (13.64%) Business Analyst
5 3 (13.64%) Sophis Developer
6 2 (9.091%) Technical Business Analyst
6 2 (9.091%) Technical Analyst
7 1 (4.545%) Project Manager
7 1 (4.545%) Release Manager
7 1 (4.545%) Test Analyst
7 1 (4.545%) Systems Analyst
7 1 (4.545%) C# Developer
7 1 (4.545%) Credit Analyst
7 1 (4.545%) Environment Manager
7 1 (4.545%) Risk Analyst
Miscellaneous
1 16 (72.73%) Derivative
2 13 (59.09%) Equity Derivative
3 8 (36.36%) Equities
4 5 (22.73%) Computer Science
5 4 (18.18%) Wiki
6 2 (9.091%) Foreign Exchange (FX)
7 1 (4.545%) Fixed Income
7 1 (4.545%) Credit Risk
7 1 (4.545%) Market Risk
Operating Systems
1 4 (18.18%) UNIX
Processes & Methodologies
1 5 (22.73%) Risk Management
1 5 (22.73%) Migration
2 4 (18.18%) Unit Testing
2 4 (18.18%) Data Modelling
2 4 (18.18%) Software Engineering
3 2 (9.091%) Business Analysis
4 1 (4.545%) Project Management
4 1 (4.545%) Business Intelligence
4 1 (4.545%) RAD
4 1 (4.545%) Release Management
4 1 (4.545%) User Acceptance Testing
4 1 (4.545%) Stress Testing
Programming Languages
1 13 (59.09%) SQL
2 11 (50.00%) C++
3 10 (45.45%) PL/SQL
4 8 (36.36%) VB
5 6 (27.27%) VBA
6 4 (18.18%) VB6
7 2 (9.091%) C#
Qualifications
1 5 (22.73%) Degree
Systems Management
1 4 (18.18%) HP Quality Center
Vendors
1 10 (45.45%) Oracle
2 8 (36.36%) Murex
3 7 (31.82%) Calypso
4 4 (18.18%) Perforce
5 3 (13.64%) Thunderhead
6 1 (4.545%) Bloomberg
6 1 (4.545%) Microsoft
6 1 (4.545%) Wall Street Systems
6 1 (4.545%) DevExpress
London
Project Manager, Business Analyst, MarkitWire, Summit, Fixed Income, Clearing, Rates, Murex, Sophis, Calypso, Investment Banking, Risk... The role is a Summit Fixed Income MarkitWire IT Lead and the...
IT Human Resources
Rate: £800 - £850 per day
Posted: 16 May 2013