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 31 July 2014 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
31 Jul 2014
Same period 2013 Same period 2012
Sophis
Rank 560 519 518
Rank change year-on-year
-41 -1
Contract jobs citing Sophis 6 20 47
As % of all contract IT jobs located in England 0.012% 0.043% 0.089%
As % of the Vendors category 0.027% 0.092% 0.19%
Number of daily rates quoted 0 12 27
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- £456 £550
Average daily rate % change year-on-year
- -17.04%
UK excluding London average daily rate - £600 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
England
Contract IT job ads with a match in the
Vendors category
22496 21802 24502
As % of all contract IT jobs located in England 45.51% 46.80% 46.31%
Number of daily rates quoted 12762 12179 12830
Average daily rate £388 £389 £380
Average daily rate % change year-on-year
-0.39% +2.44%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1002 1111 1284
Average hourly rate £18.00 £20.00 £20.00
Average hourly rate % change year-on-year
-10.00% -
90% offered a hourly rate of more than £11.00 £11.35 £12.00
10% offered a hourly rate of more than £37.50 £41.50 £40.00
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%
Sophis
UK

Sophis
Jobs Demand Trend in England

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.

Sophis Jobs Demand Trend in England

Sophis
Daily Rate Trend in England

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

Sophis Daily Rate Trend in England

Sophis
Hourly Rate Trend in England

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

Sophis Hourly Rate Trend in England

Sophis
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 Sophis within the England region over the 3 months to 31 July 2014. 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 +6 6 - - 1
Sophis
UK

Sophis
Top 30 Related IT Skills in England

For the 6 months to 31 July 2014, 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 13 (46.43%) Front Office
1 13 (46.43%) Finance
1 13 (46.43%) SQL
1 13 (46.43%) Charles River
2 11 (39.29%) Calypso
2 11 (39.29%) Investment Management
3 10 (35.71%) Derivative
3 10 (35.71%) Asset Management
4 9 (32.14%) Murex
4 9 (32.14%) XML
5 8 (28.57%) Test Scripting
6 7 (25.00%) Fund Management
6 7 (25.00%) Business Analysis
6 7 (25.00%) Fixed Income
7 4 (14.29%) Equity Derivative
7 4 (14.29%) Banking
7 4 (14.29%) Markit EDM
8 3 (10.71%) FactSet
8 3 (10.71%) Portfolio Management
8 3 (10.71%) thinkFolio
8 3 (10.71%) QlikView
8 3 (10.71%) Summit
8 3 (10.71%) Sophis RISQUE
8 3 (10.71%) Migration
8 3 (10.71%) Risk Management
8 3 (10.71%) UNIX
8 3 (10.71%) Linux
8 3 (10.71%) Bloomberg
8 3 (10.71%) Foreign Exchange (FX)
9 2 (7.14%) Microsoft

Sophis
Top Related IT Skills in England by Category

For the 6 months to 31 July 2014, 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.

Applications
1 1 (3.57%) MS Excel
Business Applications
1 4 (14.29%) Markit EDM
2 3 (10.71%) Summit
2 3 (10.71%) Sophis RISQUE
3 2 (7.14%) LatentZero
3 2 (7.14%) Global One
4 1 (3.57%) HiPortfolio
Database & Business Intelligence
1 3 (10.71%) QlikView
2 1 (3.57%) Oracle Database 11g
2 1 (3.57%) Oracle Database
2 1 (3.57%) Relational Database
2 1 (3.57%) SQL Server
2 1 (3.57%) Informix
2 1 (3.57%) RDBMS
2 1 (3.57%) Oracle Database 10g
Development Applications
1 1 (3.57%) Toad
1 1 (3.57%) QuickTest Pro
General
1 13 (46.43%) Front Office
1 13 (46.43%) Finance
2 4 (14.29%) Banking
3 2 (7.14%) Investment Banking
4 1 (3.57%) Marketing
4 1 (3.57%) French Language
4 1 (3.57%) Legal
Job Titles
1 22 (78.57%) Analyst
2 10 (35.71%) Business Analyst
3 9 (32.14%) Test Analyst
4 3 (10.71%) Applications Support
4 3 (10.71%) Senior Business Analyst
4 3 (10.71%) Senior Analyst
4 3 (10.71%) Support Analyst
5 2 (7.14%) Sophis Business Analyst
6 1 (3.57%) Credit Risk Analyst
6 1 (3.57%) Equity Derivatives Business Analyst
6 1 (3.57%) Sophis Support Analyst
6 1 (3.57%) Business Systems Analyst
6 1 (3.57%) Systems Analyst
6 1 (3.57%) DBA
6 1 (3.57%) Oracle DBA
6 1 (3.57%) Credit Analyst
6 1 (3.57%) QA Test Analyst
6 1 (3.57%) Credit Risk Business Analyst
6 1 (3.57%) Risk Analyst
6 1 (3.57%) Functional Analyst
Libraries, Frameworks & Software Standards
1 9 (32.14%) XML
2 2 (7.14%) XSLT
3 1 (3.57%) Middleware
Miscellaneous
1 10 (35.71%) Derivative
2 7 (25.00%) Fixed Income
3 4 (14.29%) Equity Derivative
4 3 (10.71%) Foreign Exchange (FX)
5 2 (7.14%) Energy Derivatives
5 2 (7.14%) Equities
5 2 (7.14%) Credit Risk
6 1 (3.57%) Market Risk
6 1 (3.57%) Hedge funds
6 1 (3.57%) Credit Derivative
6 1 (3.57%) Contract for Difference
Operating Systems
1 3 (10.71%) UNIX
1 3 (10.71%) Linux
2 2 (7.14%) Windows
3 1 (3.57%) Solaris
3 1 (3.57%) Red Hat Enterprise Linux
Processes & Methodologies
1 11 (39.29%) Investment Management
2 10 (35.71%) Asset Management
3 8 (28.57%) Test Scripting
4 7 (25.00%) Fund Management
4 7 (25.00%) Business Analysis
5 3 (10.71%) Migration
5 3 (10.71%) Risk Management
5 3 (10.71%) Portfolio Management
6 2 (7.14%) Analytics
6 2 (7.14%) Workflow
6 2 (7.14%) Change Management
6 2 (7.14%) Disaster Recovery
6 2 (7.14%) User Acceptance Testing
7 1 (3.57%) Integration Testing
7 1 (3.57%) Problem Management
7 1 (3.57%) Manual Testing
7 1 (3.57%) Monte Carlo Method
7 1 (3.57%) ITIL
7 1 (3.57%) Incident Management
7 1 (3.57%) Database Security
Programming Languages
1 13 (46.43%) SQL
2 2 (7.14%) C++
2 2 (7.14%) Java
2 2 (7.14%) VBA
3 1 (3.57%) Python
3 1 (3.57%) Shell Script
3 1 (3.57%) sed
3 1 (3.57%) Perl
3 1 (3.57%) PL/SQL
3 1 (3.57%) VBScript
3 1 (3.57%) VB
3 1 (3.57%) C#
Qualifications
1 1 (3.57%) ISEB
Quality Assurance & Compliance
1 2 (7.14%) QA
System Software
1 1 (3.57%) Oracle RAC
Systems Management
1 1 (3.57%) Oracle Enterprise Manager
1 1 (3.57%) Control-M
Vendors
1 13 (46.43%) Charles River
2 11 (39.29%) Calypso
3 9 (32.14%) Murex
4 3 (10.71%) FactSet
4 3 (10.71%) thinkFolio
4 3 (10.71%) Bloomberg
5 2 (7.14%) Oracle
5 2 (7.14%) Microsoft
6 1 (3.57%) Remedy
6 1 (3.57%) HP
6 1 (3.57%) Veritas
6 1 (3.57%) Red Hat
6 1 (3.57%) Wall Street Systems
6 1 (3.57%) VMware
6 1 (3.57%) SimCorp