The table below looks at the statistics for knowledge and experience of Sophis products and/or services in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Sophis over the 3 months to 30 July 2016 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 Misys FusionCapital Sophis.

3 months to
30 Jul 2016
Same period 2015 Same period 2014
Sophis
Rank 608 629 592
Rank change year-on-year
+21 -37
Contract jobs citing Sophis 13 9 7
As % of all contract IT jobs located in England 0.026% 0.017% 0.014%
As % of the Vendors category 0.058% 0.040% 0.031%
Number of daily rates quoted 11 7 0
Median daily rate £625 £625 -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Sophis
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
22381 22783 22248
As % of all contract IT jobs located in England 44.95% 44.06% 45.01%
Number of daily rates quoted 13945 13752 12569
Median daily rate £410 £400 £388
Median daily rate % change year-on-year
+2.50% +3.22%
90% offered a daily rate of more than £250 £225 £215
10% offered a daily rate of more than £555 £550 £550
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 738 986 1011
Median hourly rate £18.75 £18.50 £18.00
Median hourly rate % change year-on-year
+1.35% +2.77%
90% offered a hourly rate of more than £11.00 £11.15 £11.00
10% offered a hourly rate of more than £43.00 £42.50 £37.50
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Sophis
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Sophis as a proportion of all IT contracts with a match in 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
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis across the England region over the 3 months to 30 July 2016.

Sophis Daily Rate Histogram 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 median contractor rates quoted in IT jobs citing Sophis within the England region over the 3 months to 30 July 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +2 13 £625 - 3
Sophis
UK

Sophis
Top 30 Related IT Skills in England

For the 6 months to 30 July 2016, IT contractor jobs citing Sophis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Sophis.

1 15 (75.00%) Derivative
2 11 (55.00%) Equity Derivative
3 10 (50.00%) Front Office
4 7 (35.00%) Equities
4 7 (35.00%) Banking
5 6 (30.00%) Investment Banking
5 6 (30.00%) Finance
6 5 (25.00%) Business Analysis
6 5 (25.00%) Java
6 5 (25.00%) Oracle
6 5 (25.00%) PL/SQL
6 5 (25.00%) SQL
6 5 (25.00%) French Language
7 4 (20.00%) Market Risk
7 4 (20.00%) MiFID
7 4 (20.00%) C++
7 4 (20.00%) Murex
7 4 (20.00%) Foreign Exchange (FX)
7 4 (20.00%) Risk Management
8 3 (15.00%) Sophis RISQUE
8 3 (15.00%) Project Management
8 3 (15.00%) Citrix
8 3 (15.00%) Unix
8 3 (15.00%) Windows
8 3 (15.00%) VBA
8 3 (15.00%) Hadoop
8 3 (15.00%) Financial Modelling
8 3 (15.00%) Greeks
9 2 (10.00%) Analytics
9 2 (10.00%) EMIR

Sophis
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.00%) Oracle Coherence
Applications
1 1 (5.00%) MS Excel
Business Applications
1 3 (15.00%) Sophis RISQUE
2 1 (5.00%) Global One
2 1 (5.00%) Summit
2 1 (5.00%) SunGard Martini
Database & Business Intelligence
1 3 (15.00%) Hadoop
2 1 (5.00%) HSQLDB
2 1 (5.00%) InterSystems Cache
2 1 (5.00%) KDB
2 1 (5.00%) OLAP
2 1 (5.00%) RDBMS
2 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) Visual Studio
General
1 10 (50.00%) Front Office
2 7 (35.00%) Banking
3 6 (30.00%) Finance
3 6 (30.00%) Investment Banking
4 5 (25.00%) French Language
5 1 (5.00%) Back Office
5 1 (5.00%) Retail
Job Titles
1 8 (40.00%) Analyst
2 7 (35.00%) Business Analyst
2 7 (35.00%) Project Manager
3 4 (20.00%) Applications Support
4 3 (15.00%) Business Manager
4 3 (15.00%) Business Project Manager
4 3 (15.00%) Derivatives Business Analyst
4 3 (15.00%) Equity Derivatives Business Analyst
4 3 (15.00%) Project Analyst
5 1 (5.00%) Derivatives Project Manager
5 1 (5.00%) Equity Analyst
5 1 (5.00%) Investment Banking Business Analyst
5 1 (5.00%) Investment Banking Project Manager
5 1 (5.00%) Java Development Team Leader
5 1 (5.00%) MiFID Business Analyst
5 1 (5.00%) MiFID Programme Manager
5 1 (5.00%) Pricing Consultant
5 1 (5.00%) Regulatory Business Analyst
5 1 (5.00%) Regulatory Reporting Business Analyst
5 1 (5.00%) Sophis Support Analyst
Libraries, Frameworks & Software Standards
1 1 (5.00%) ActiveMQ
1 1 (5.00%) Boost C++ Libraries
1 1 (5.00%) FIX Protocol
1 1 (5.00%) Hibernate
1 1 (5.00%) JMS
1 1 (5.00%) JPA
1 1 (5.00%) Spring
1 1 (5.00%) Spring Integration
1 1 (5.00%) STL
1 1 (5.00%) Web Services
Miscellaneous
1 15 (75.00%) Derivative
2 11 (55.00%) Equity Derivative
3 7 (35.00%) Equities
4 4 (20.00%) Foreign Exchange (FX)
4 4 (20.00%) Market Risk
5 2 (10.00%) Fixed Income
6 1 (5.00%) Analytical Skills
6 1 (5.00%) Credit Derivative
6 1 (5.00%) Enterprise Software
6 1 (5.00%) Hedge funds
6 1 (5.00%) Index Arbitrage
Operating Systems
1 3 (15.00%) Unix
1 3 (15.00%) Windows
Processes & Methodologies
1 5 (25.00%) Business Analysis
2 4 (20.00%) Risk Management
3 3 (15.00%) Financial Modelling
3 3 (15.00%) Greeks
3 3 (15.00%) Project Management
4 2 (10.00%) Analytics
4 2 (10.00%) Change Management
4 2 (10.00%) Incident Management
5 1 (5.00%) Asset Management
5 1 (5.00%) E-Commerce
5 1 (5.00%) OO
5 1 (5.00%) PRINCE2
5 1 (5.00%) Programme Management
5 1 (5.00%) Regression Testing
5 1 (5.00%) Release Management
5 1 (5.00%) Stakeholder Engagement
5 1 (5.00%) TDD
5 1 (5.00%) Technical Architecture
5 1 (5.00%) Test Automation
5 1 (5.00%) Workflow
Programming Languages
1 5 (25.00%) Java
1 5 (25.00%) PL/SQL
1 5 (25.00%) SQL
2 4 (20.00%) C++
3 3 (15.00%) VBA
4 2 (10.00%) VB
5 1 (5.00%) C#
5 1 (5.00%) Korn
5 1 (5.00%) Perl
Qualifications
1 1 (5.00%) PMP
Quality Assurance & Compliance
1 4 (20.00%) MiFID
2 2 (10.00%) Dodd-Frank
2 2 (10.00%) EMIR
2 2 (10.00%) SLA
Vendors
1 5 (25.00%) Oracle
2 4 (20.00%) Murex
3 3 (15.00%) Citrix
4 2 (10.00%) Fidessa
5 1 (5.00%) Calypso
5 1 (5.00%) Microsoft
5 1 (5.00%) SunGard