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 28 August 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 Sophis.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Sophis
Rank 580 571 542
Rank change year-on-year
-9 -29
Contract jobs citing Sophis 9 6 29
As % of all contract IT jobs located in England 0.017% 0.012% 0.060%
As % of the Vendors category 0.038% 0.026% 0.13%
Number of daily rates quoted 7 0 17
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 - £500
UK excluding London average daily rate - - £600
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
23413 22961 22201
As % of all contract IT jobs located in England 44.06% 45.63% 46.16%
Number of daily rates quoted 14134 13103 12594
Average daily rate £400 £388 £388
Average daily rate % change year-on-year
+3.22% -
90% offered a daily rate of more than £235 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1002 1014 1025
Average hourly rate £19.00 £18.70 £19.50
Average hourly rate % change year-on-year
+1.60% -4.10%
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £43.00 £37.50 £41.85
UK excluding London average hourly rate £19.00 £17.50 £19.30
% change year-on-year
+8.57% -9.32%

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 28 August 2015.

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 28 August 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 +21 9 £625 -
Sophis
UK

Sophis
Top 30 Related IT Skills in England

For the 6 months to 28 August 2015, 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 11 (68.75%) Derivative
2 10 (62.50%) Finance
3 9 (56.25%) Murex
4 8 (50.00%) SQL
5 7 (43.75%) Fixed Income
6 6 (37.50%) Data Analysis
7 5 (31.25%) SimCorp
7 5 (31.25%) SimCorp Dimension
7 5 (31.25%) Equity Derivative
7 5 (31.25%) CFA
7 5 (31.25%) Banking
7 5 (31.25%) LatentZero
7 5 (31.25%) Front Office
7 5 (31.25%) Charles River
7 5 (31.25%) BPR
7 5 (31.25%) Foreign Exchange (FX)
7 5 (31.25%) Portfolio Management
7 5 (31.25%) thinkFolio
8 3 (18.75%) Investment Banking
9 2 (12.50%) Test Scripting
9 2 (12.50%) Stakeholder Management
9 2 (12.50%) Programme Management
9 2 (12.50%) Back Office
9 2 (12.50%) Microsoft
9 2 (12.50%) Calypso
10 1 (6.25%) Fidessa
10 1 (6.25%) SunGard
10 1 (6.25%) PRINCE2 Certification
10 1 (6.25%) PMI
10 1 (6.25%) PMI Certification

Sophis
Top Related IT Skills in England by Category

For the 6 months to 28 August 2015, 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 (6.25%) MS Office
1 1 (6.25%) MS Excel
1 1 (6.25%) MS Visio
1 1 (6.25%) MS PowerPoint
Business Applications
1 5 (31.25%) LatentZero
1 5 (31.25%) SimCorp Dimension
1 5 (31.25%) thinkFolio
2 1 (6.25%) Summit
2 1 (6.25%) Misys Opics
2 1 (6.25%) Front Arena
Database & Business Intelligence
1 1 (6.25%) Crystal Reports
Development Applications
1 1 (6.25%) ClearQuest
1 1 (6.25%) JIRA
General
1 10 (62.50%) Finance
2 5 (31.25%) Banking
2 5 (31.25%) Front Office
3 3 (18.75%) Investment Banking
4 2 (12.50%) Back Office
Job Titles
1 7 (43.75%) Analyst
2 3 (18.75%) Programme Manager
2 3 (18.75%) IT Programme Manager
3 2 (12.50%) Applications Support
3 2 (12.50%) Business Analyst
4 1 (6.25%) Applications Support Analyst
4 1 (6.25%) IT Project Manager
4 1 (6.25%) Applications Support Engineer
4 1 (6.25%) Business Manager
4 1 (6.25%) Junior Test Analyst
4 1 (6.25%) Junior Analyst
4 1 (6.25%) Crystal Reports Writer
4 1 (6.25%) AWS Architect
4 1 (6.25%) Junior
4 1 (6.25%) Architect
4 1 (6.25%) Project Manager
4 1 (6.25%) Test Manager
4 1 (6.25%) Test Analyst
4 1 (6.25%) Support Analyst
4 1 (6.25%) Support Engineer
Libraries, Frameworks & Software Standards
1 1 (6.25%) XML
Miscellaneous
1 11 (68.75%) Derivative
2 7 (43.75%) Fixed Income
3 5 (31.25%) Foreign Exchange (FX)
3 5 (31.25%) Equity Derivative
4 1 (6.25%) Swaptions
4 1 (6.25%) Hedge funds
4 1 (6.25%) Analytical Skills
4 1 (6.25%) PMI
4 1 (6.25%) Equities
Operating Systems
1 1 (6.25%) UNIX
1 1 (6.25%) Windows
1 1 (6.25%) Linux
Processes & Methodologies
1 6 (37.50%) Data Analysis
2 5 (31.25%) Portfolio Management
2 5 (31.25%) BPR
3 2 (12.50%) Stakeholder Management
3 2 (12.50%) Programme Management
3 2 (12.50%) Test Scripting
4 1 (6.25%) Electronic Trading
4 1 (6.25%) Stakeholder Engagement
4 1 (6.25%) Agile Software Development
4 1 (6.25%) Asset Management
4 1 (6.25%) Risk Management
4 1 (6.25%) Migration
4 1 (6.25%) PRINCE2
4 1 (6.25%) Data Modelling
4 1 (6.25%) Business Intelligence
4 1 (6.25%) Test Strategy
4 1 (6.25%) Root Cause Analysis
4 1 (6.25%) Low Latency
4 1 (6.25%) Coaching
4 1 (6.25%) Business Analysis
Programming Languages
1 8 (50.00%) SQL
2 1 (6.25%) Python
2 1 (6.25%) Shell Script
2 1 (6.25%) C#
2 1 (6.25%) Java
2 1 (6.25%) Perl
Qualifications
1 5 (31.25%) CFA
2 1 (6.25%) Degree
2 1 (6.25%) PRINCE2 Certification
2 1 (6.25%) PMI Certification
Systems Management
1 1 (6.25%) Control-M
1 1 (6.25%) HP Quality Center
Vendors
1 9 (56.25%) Murex
2 5 (31.25%) Charles River
2 5 (31.25%) SimCorp
3 2 (12.50%) Calypso
3 2 (12.50%) Microsoft
4 1 (6.25%) Fidessa
4 1 (6.25%) SunGard
4 1 (6.25%) Bloomberg
4 1 (6.25%) Remedy
4 1 (6.25%) Wall Street Systems
4 1 (6.25%) Oracle
4 1 (6.25%) IBM