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 average contractor rates offered in IT contracts that have cited Sophis over the 3 months to 19 December 2014 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 Sophis.

Location
3 months to
19 Dec 2014
Same period 2013 Same period 2012
Sophis
Rank 585 535 524
Rank change year-on-year
-50 -11
Contract jobs citing Sophis 4 24 10
As % of all contract IT jobs located in England 0.008% 0.051% 0.022%
As % of the Vendors category 0.017% 0.11% 0.047%
Number of daily rates quoted 3 18 1
Average daily rate
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of your Daily Rate
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£438 £588 £450
Average daily rate % change year-on-year
-25.53% +30.55%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
22961 21811 21448
As % of all contract IT jobs located in England 45.52% 46.18% 47.47%
Number of daily rates quoted 13942 12692 11463
Average daily rate £388 £390 £375
Average daily rate % change year-on-year
-0.64% +4.00%
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 £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 1096 1036 1320
Average hourly rate £17.50 £17.50 £19.50
Average hourly rate % change year-on-year
- -10.25%
90% offered a hourly rate of more than £11.00 £10.50 £11.00
10% offered a hourly rate of more than £38.08 £36.50 £40.00
UK excluding London average hourly rate £17.40 £17.00 £19.00
% change year-on-year
+2.35% -10.52%

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
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 19 December 2014.

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 average contractor rates quoted in IT jobs citing Sophis within the England region over the 3 months to 19 December 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 -4 4 £438 -25.53% 3
Sophis
UK

Sophis
Top 30 Related IT Skills in England

For the 6 months to 19 December 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 6 (75.00%) Finance
2 5 (62.50%) SQL
2 5 (62.50%) Charles River
3 4 (50.00%) Front Office
3 4 (50.00%) Asset Management
3 4 (50.00%) Bloomberg
3 4 (50.00%) Investment Management
3 4 (50.00%) FactSet
4 3 (37.50%) Test Scripting
4 3 (37.50%) Equities
4 3 (37.50%) Calypso
5 2 (25.00%) XML
5 2 (25.00%) Risk Management
5 2 (25.00%) Oracle
5 2 (25.00%) Analytical Skills
6 1 (12.50%) MS Office
6 1 (12.50%) GAP Analysis
6 1 (12.50%) Banking
6 1 (12.50%) Business Analysis
6 1 (12.50%) FIX Protocol
6 1 (12.50%) Market Risk
6 1 (12.50%) User Acceptance Testing
6 1 (12.50%) Integration Testing
6 1 (12.50%) UNIX
6 1 (12.50%) Linux
6 1 (12.50%) Microsoft
6 1 (12.50%) Murex
6 1 (12.50%) VBScript
6 1 (12.50%) VB
6 1 (12.50%) VBA

Sophis
Top Related IT Skills in England by Category

For the 6 months to 19 December 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 (12.50%) MS Office
General
1 6 (75.00%) Finance
2 4 (50.00%) Front Office
3 1 (12.50%) Banking
Job Titles
1 5 (62.50%) Analyst
2 4 (50.00%) Applications Support
3 2 (25.00%) Applications Support Analyst
3 2 (25.00%) Test Analyst
3 2 (25.00%) Support Analyst
4 1 (12.50%) Charles River Support Analyst
4 1 (12.50%) Project Manager
4 1 (12.50%) Business Analyst
Libraries, Frameworks & Software Standards
1 2 (25.00%) XML
2 1 (12.50%) FIX Protocol
2 1 (12.50%) Middleware
Miscellaneous
1 3 (37.50%) Equities
2 2 (25.00%) Analytical Skills
3 1 (12.50%) Market Risk
3 1 (12.50%) Foreign Exchange (FX)
Operating Systems
1 1 (12.50%) UNIX
1 1 (12.50%) Linux
Processes & Methodologies
1 4 (50.00%) Asset Management
1 4 (50.00%) Investment Management
2 3 (37.50%) Test Scripting
3 2 (25.00%) Risk Management
4 1 (12.50%) GAP Analysis
4 1 (12.50%) Business Analysis
4 1 (12.50%) User Acceptance Testing
4 1 (12.50%) Integration Testing
4 1 (12.50%) Project Management
Programming Languages
1 5 (62.50%) SQL
2 1 (12.50%) VBScript
2 1 (12.50%) VB
2 1 (12.50%) VBA
Vendors
1 5 (62.50%) Charles River
2 4 (50.00%) Bloomberg
2 4 (50.00%) FactSet
3 3 (37.50%) Calypso
4 2 (25.00%) Oracle
5 1 (12.50%) Microsoft
5 1 (12.50%) Murex
5 1 (12.50%) Salesforce.com
London
McGregor Boyall
Rate: £450 - £500 per day
Posted: Yesterday
City of London
Huxley Banking & Financial Services
Rate: £550 per day + competitive
Posted: 19 days ago