The table below looks at the statistics for knowledge and experience of SimCorp products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 1 October 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 SimCorp.

Location
3 months to
1 Oct 2014
Same period 2013 Same period 2012
SimCorp
Rank 397 420 410
Rank change year-on-year
+23 -10
Contract jobs citing SimCorp 17 3 11
As % of all contract IT jobs located in London 0.070% 0.012% 0.043%
As % of the Vendors category 0.15% 0.026% 0.094%
Number of daily rates quoted 12 0 10
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 - £975
90% offered a daily rate of more than £503 - £668
10% offered a daily rate of more than £550 - £1,008
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
SimCorp
England

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the London region.

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
11031 11581 11746
As % of all contract IT jobs located in London 45.52% 45.91% 45.79%
Number of daily rates quoted 7245 7566 7184
Average daily rate £425 £425 £425
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £600 £590
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 244 240 321
Average hourly rate £19.00 £19.50 £19.13
Average hourly rate % change year-on-year
-2.56% +1.96%
90% offered a hourly rate of more than £13.09 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £45.00 £41.93
UK excluding London average hourly rate £19.00 £18.50 £18.75
% change year-on-year
+2.70% -1.33%

SimCorp
Jobs Demand Trend in London

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

SimCorp Jobs Demand Trend in London

SimCorp
Daily Rate Trend in London

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

SimCorp Daily Rate Trend in London

SimCorp
Hourly Rate Trend in London

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

SimCorp Hourly Rate Trend in London

SimCorp
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing SimCorp within the London region over the 3 months to 1 October 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
City of London - 9 £525 - 2
SimCorp
England

SimCorp
Top 30 Related IT Skills in London

For the 6 months to 1 October 2014, IT contractor jobs across the London region citing SimCorp 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 SimCorp.

1 17 (65.38%) Asset Management
2 16 (61.54%) SimCorp Dimension
3 11 (42.31%) SQL Server
4 10 (38.46%) Finance
5 9 (34.62%) Charles River
5 9 (34.62%) Investment Management
5 9 (34.62%) Markit EDM
6 8 (30.77%) Oracle
7 4 (15.38%) Remedy
7 4 (15.38%) Crystal Reports
7 4 (15.38%) SQL
7 4 (15.38%) Data Modelling
7 4 (15.38%) Banking
7 4 (15.38%) Data Mart
7 4 (15.38%) Business Analysis
7 4 (15.38%) Front Office
7 4 (15.38%) Performance Tuning
8 3 (11.54%) Eagle PACE
8 3 (11.54%) Wall Street Systems
8 3 (11.54%) Wealth Management
8 3 (11.54%) thinkFolio
8 3 (11.54%) SaaS
8 3 (11.54%) Hedge funds
8 3 (11.54%) Portfolio Management
8 3 (11.54%) Telecoms
8 3 (11.54%) Fixed Income
8 3 (11.54%) Data Management
8 3 (11.54%) Business Objects
8 3 (11.54%) ITIL
8 3 (11.54%) PRINCE2

SimCorp
Top Related IT Skills in London by Category

For the 6 months to 1 October 2014, IT contractor jobs across the London region citing SimCorp 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 SimCorp. Up to 20 skills are shown per category.

Application Platforms
1 1 (3.85%) SharePoint
Applications
1 1 (3.85%) MS Excel
Business Applications
1 16 (61.54%) SimCorp Dimension
2 9 (34.62%) Markit EDM
3 3 (11.54%) Eagle PACE
4 1 (3.85%) Temenos T24
4 1 (3.85%) LatentZero
Cloud Services
1 3 (11.54%) SaaS
Communications & Networking
1 1 (3.85%) FTP
1 1 (3.85%) HTTP
1 1 (3.85%) LDAP
Database & Business Intelligence
1 11 (42.31%) SQL Server
2 4 (15.38%) Crystal Reports
2 4 (15.38%) Data Mart
3 1 (3.85%) Oracle Database 11g
3 1 (3.85%) SQL Server 2008
3 1 (3.85%) Oracle Database
3 1 (3.85%) SQL Server 2005
3 1 (3.85%) Oracle Reports
3 1 (3.85%) Data Warehouse
General
1 10 (38.46%) Finance
2 4 (15.38%) Banking
2 4 (15.38%) Front Office
3 3 (11.54%) Telecoms
4 2 (7.69%) Back Office
5 1 (3.85%) Investment Banking
Job Titles
1 10 (38.46%) Analyst
2 7 (26.92%) Applications Support
3 5 (19.23%) Support Analyst
3 5 (19.23%) Applications Support Analyst
3 5 (19.23%) Business Analyst
4 4 (15.38%) Consultant
5 3 (11.54%) Solutions Architect
5 3 (11.54%) Technical Analyst
5 3 (11.54%) Functional Analyst
5 3 (11.54%) Technical Business Analyst
5 3 (11.54%) Architect
5 3 (11.54%) Project Manager
6 1 (3.85%) Support Specialist
6 1 (3.85%) Applications Specialist
6 1 (3.85%) DBA
6 1 (3.85%) Senior Analyst
6 1 (3.85%) SQL Server DBA
6 1 (3.85%) Senior Applications Support Analyst
6 1 (3.85%) Applications Manager
6 1 (3.85%) Senior Support Analyst
Libraries, Frameworks & Software Standards
1 3 (11.54%) Middleware
1 3 (11.54%) .NET
2 2 (7.69%) WCF
2 2 (7.69%) WPF
Miscellaneous
1 3 (11.54%) Hedge funds
1 3 (11.54%) Fixed Income
1 3 (11.54%) PMI
2 1 (3.85%) SWIFT
2 1 (3.85%) Wiki
2 1 (3.85%) Foreign Exchange (FX)
Operating Systems
1 2 (7.69%) UNIX
2 1 (3.85%) Windows Server 2008
2 1 (3.85%) Windows
2 1 (3.85%) Windows Server 2003
Processes & Methodologies
1 17 (65.38%) Asset Management
2 9 (34.62%) Investment Management
3 4 (15.38%) Data Modelling
3 4 (15.38%) Business Analysis
3 4 (15.38%) Performance Tuning
4 3 (11.54%) Wealth Management
4 3 (11.54%) Portfolio Management
4 3 (11.54%) Data Management
4 3 (11.54%) ITIL
4 3 (11.54%) PRINCE2
5 2 (7.69%) Change Management
5 2 (7.69%) User Acceptance Testing
6 1 (3.85%) Use Case
6 1 (3.85%) Fund Accounting
6 1 (3.85%) Capacity Planning
6 1 (3.85%) Requirements Analysis
Programming Languages
1 4 (15.38%) SQL
2 2 (7.69%) C#
3 1 (3.85%) Ruby
3 1 (3.85%) Perl
3 1 (3.85%) PL/SQL
3 1 (3.85%) T-SQL
Qualifications
1 3 (11.54%) PMI Certification
2 2 (7.69%) ITIL Certification
3 1 (3.85%) Degree
Quality Assurance & Compliance
1 1 (3.85%) SLA
Vendors
1 9 (34.62%) Charles River
2 8 (30.77%) Oracle
3 4 (15.38%) Remedy
4 3 (11.54%) Wall Street Systems
4 3 (11.54%) thinkFolio
4 3 (11.54%) Business Objects
4 3 (11.54%) Misys
5 1 (3.85%) RIMES
5 1 (3.85%) Microsoft
5 1 (3.85%) Reuters
5 1 (3.85%) Bloomberg
5 1 (3.85%) Temenos
5 1 (3.85%) Fidessa