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 22 September 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
22 Sep 2014
Same period 2013 Same period 2012
SimCorp
Rank 409 427 409
Rank change year-on-year
+18 -18
Contract jobs citing SimCorp 16 3 12
As % of all contract IT jobs located in London 0.065% 0.012% 0.046%
As % of the Vendors category 0.14% 0.026% 0.10%
Number of daily rates quoted 11 0 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 - £975
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
11231 11606 11937
As % of all contract IT jobs located in London 45.86% 46.11% 45.61%
Number of daily rates quoted 7270 7562 7260
Average daily rate £425 £423 £425
Average daily rate % change year-on-year
+0.59% -0.58%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 243 248 339
Average hourly rate £19.00 £19.00 £19.00
90% offered a hourly rate of more than £13.46 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £45.00 £41.00
UK excluding London average hourly rate £18.50 £19.00 £18.50
% change year-on-year
-2.63% +2.70%

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 22 September 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 - 8 £525 - 4
SimCorp
England

SimCorp
Top 30 Related IT Skills in London

For the 6 months to 22 September 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 18 (64.29%) SimCorp Dimension
2 16 (57.14%) Asset Management
3 12 (42.86%) Finance
4 11 (39.29%) SQL Server
5 9 (32.14%) Charles River
5 9 (32.14%) Investment Management
5 9 (32.14%) Markit EDM
6 8 (28.57%) Oracle
7 6 (21.43%) SaaS
7 6 (21.43%) Wealth Management
8 5 (17.86%) Crystal Reports
8 5 (17.86%) Telecoms
8 5 (17.86%) Banking
9 4 (14.29%) Remedy
9 4 (14.29%) Front Office
9 4 (14.29%) .NET
9 4 (14.29%) Data Warehouse
9 4 (14.29%) Data Modelling
9 4 (14.29%) Data Mart
9 4 (14.29%) Business Analysis
9 4 (14.29%) Portfolio Management
10 3 (10.71%) thinkFolio
10 3 (10.71%) Hedge funds
10 3 (10.71%) Performance Tuning
10 3 (10.71%) Eagle PACE
10 3 (10.71%) Wall Street Systems
10 3 (10.71%) PRINCE2
10 3 (10.71%) SQL
10 3 (10.71%) Business Objects
10 3 (10.71%) Middleware

SimCorp
Top Related IT Skills in London by Category

For the 6 months to 22 September 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 (3.57%) SharePoint
1 1 (3.57%) BizTalk Server
Business Applications
1 18 (64.29%) SimCorp Dimension
2 9 (32.14%) Markit EDM
3 3 (10.71%) Eagle PACE
4 2 (7.14%) Temenos T24
5 1 (3.57%) LatentZero
Cloud Services
1 6 (21.43%) SaaS
Communications & Networking
1 1 (3.57%) LDAP
1 1 (3.57%) FTP
1 1 (3.57%) HTTP
Database & Business Intelligence
1 11 (39.29%) SQL Server
2 5 (17.86%) Crystal Reports
3 4 (14.29%) Data Warehouse
3 4 (14.29%) Data Mart
4 2 (7.14%) Oracle Reports
5 1 (3.57%) SQL Server Reporting Services
5 1 (3.57%) SQL Server Integration Services
General
1 12 (42.86%) Finance
2 5 (17.86%) Banking
2 5 (17.86%) Telecoms
3 4 (14.29%) Front Office
4 3 (10.71%) Back Office
5 1 (3.57%) Investment Banking
Job Titles
1 10 (35.71%) Analyst
2 7 (25.00%) Applications Support
3 6 (21.43%) Solutions Architect
3 6 (21.43%) Architect
4 5 (17.86%) Business Analyst
4 5 (17.86%) Support Analyst
4 5 (17.86%) Applications Support Analyst
5 4 (14.29%) Consultant
6 3 (10.71%) Project Manager
6 3 (10.71%) Technical Analyst
6 3 (10.71%) Functional Analyst
6 3 (10.71%) Technical Business Analyst
7 1 (3.57%) Senior Applications Support Analyst
7 1 (3.57%) Applications Manager
7 1 (3.57%) Applications Project Manager
7 1 (3.57%) Senior Support Analyst
7 1 (3.57%) Applications Support Specialist
7 1 (3.57%) Developer
7 1 (3.57%) Applications Specialist
7 1 (3.57%) Support Specialist
Libraries, Frameworks & Software Standards
1 4 (14.29%) .NET
2 3 (10.71%) Middleware
3 2 (7.14%) WCF
3 2 (7.14%) WPF
Miscellaneous
1 3 (10.71%) PMI
1 3 (10.71%) Fixed Income
1 3 (10.71%) Hedge funds
2 2 (7.14%) SWIFT
3 1 (3.57%) Wiki
3 1 (3.57%) Foreign Exchange (FX)
Operating Systems
1 2 (7.14%) UNIX
Processes & Methodologies
1 16 (57.14%) Asset Management
2 9 (32.14%) Investment Management
3 6 (21.43%) Wealth Management
4 4 (14.29%) Portfolio Management
4 4 (14.29%) Business Analysis
4 4 (14.29%) Data Modelling
5 3 (10.71%) PRINCE2
5 3 (10.71%) Data Management
5 3 (10.71%) Performance Tuning
6 2 (7.14%) ITIL
6 2 (7.14%) ETL
7 1 (3.57%) Change Management
7 1 (3.57%) CRM
7 1 (3.57%) Requirements Analysis
7 1 (3.57%) Use Case
7 1 (3.57%) User Acceptance Testing
7 1 (3.57%) Fund Accounting
Programming Languages
1 3 (10.71%) SQL
2 2 (7.14%) C#
3 1 (3.57%) Perl
3 1 (3.57%) Ruby
Qualifications
1 3 (10.71%) PMI Certification
2 2 (7.14%) ITIL Certification
3 1 (3.57%) Degree
Quality Assurance & Compliance
1 1 (3.57%) SLA
Vendors
1 9 (32.14%) Charles River
2 8 (28.57%) Oracle
3 4 (14.29%) Remedy
4 3 (10.71%) thinkFolio
4 3 (10.71%) Wall Street Systems
4 3 (10.71%) Business Objects
4 3 (10.71%) Misys
5 2 (7.14%) Temenos
6 1 (3.57%) Fidessa
6 1 (3.57%) Citrix
6 1 (3.57%) Reuters
6 1 (3.57%) Bloomberg
6 1 (3.57%) Microsoft
6 1 (3.57%) VMware
6 1 (3.57%) RIMES