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 12 February 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 SimCorp.

Location
3 months to
12 Feb 2016
Same period 2015 Same period 2014
SimCorp
Rank 399 411 399
Rank change year-on-year
+12 -12
Contract jobs citing SimCorp 9 4 8
As % of all contract IT jobs located in London 0.042% 0.019% 0.036%
As % of the Vendors category 0.10% 0.042% 0.081%
Number of daily rates quoted 3 2 4
Average daily rate £500 £625 £475
Average daily rate % change year-on-year
-20.00% +31.57%
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
8591 9589 9860
As % of all contract IT jobs located in London 40.57% 45.21% 44.79%
Number of daily rates quoted 5620 6357 6319
Average daily rate £438 £425 £418
Average daily rate % change year-on-year
+2.94% +1.79%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 148 198 221
Average hourly rate £22.00 £19.03 £18.50
Average hourly rate % change year-on-year
+15.63% +2.83%
90% offered a hourly rate of more than £11.50 £12.50 £13.50
10% offered a hourly rate of more than £50.00 £36.00 £35.00
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing SimCorp across the London region over the 3 months to 12 February 2016.

SimCorp Daily Rate Histogram 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 12 February 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
(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 - 4 £500 - 5
SimCorp
England

SimCorp
Top 30 Related IT Skills in London

For the 6 months to 12 February 2016, 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 19 (86.36%) SimCorp Dimension
2 12 (54.55%) Asset Management
2 12 (54.55%) Equities
3 11 (50.00%) Fixed Income
4 10 (45.45%) Finance
5 9 (40.91%) Investment Management
6 8 (36.36%) Foreign Exchange (FX)
7 7 (31.82%) SQL Server
7 7 (31.82%) Derivative
8 6 (27.27%) Oracle
8 6 (27.27%) Remedy
9 5 (22.73%) Reference Data
9 5 (22.73%) Analytics
9 5 (22.73%) Performance Tuning
10 3 (13.64%) Migration
11 2 (9.09%) SQL
11 2 (9.09%) Front Office
11 2 (9.09%) GAP Analysis
11 2 (9.09%) SpecFlow
11 2 (9.09%) Continuous Improvement
11 2 (9.09%) Release Management
11 2 (9.09%) Cucumber
11 2 (9.09%) Selenium
11 2 (9.09%) FitNesse
11 2 (9.09%) Software Testing
11 2 (9.09%) Incident Management
11 2 (9.09%) Business Analysis
11 2 (9.09%) Data Structures
11 2 (9.09%) SDLC
12 1 (4.55%) Mentoring

SimCorp
Top Related IT Skills in London by Category

For the 6 months to 12 February 2016, 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.

Business Applications
1 19 (86.36%) SimCorp Dimension
2 1 (4.55%) Eagle PACE
2 1 (4.55%) Markit EDM
2 1 (4.55%) Minerva
2 1 (4.55%) Sentinel
Database & Business Intelligence
1 7 (31.82%) SQL Server
2 1 (4.55%) BusinessObjects
2 1 (4.55%) Crystal Reports
Development Applications
1 2 (9.09%) Cucumber
1 2 (9.09%) FitNesse
1 2 (9.09%) Selenium
1 2 (9.09%) SpecFlow
General
1 10 (45.45%) Finance
2 2 (9.09%) Front Office
3 1 (4.55%) Back Office
3 1 (4.55%) Financial Institution
3 1 (4.55%) Retail
Job Titles
1 11 (50.00%) Analyst
2 7 (31.82%) Business Analyst
3 6 (27.27%) Applications Support
4 3 (13.64%) Consultant
4 3 (13.64%) Investment Management Business Analyst
5 2 (9.09%) Asset Management Analyst
5 2 (9.09%) Implementation Consultant
5 2 (9.09%) SimCorp Support
5 2 (9.09%) Support Analyst
5 2 (9.09%) Test Leader
6 1 (4.55%) Applications Support Analyst
6 1 (4.55%) Business IT Analyst
6 1 (4.55%) Business Support Analyst
6 1 (4.55%) Fidessa Analyst
6 1 (4.55%) Fidessa Support Analyst
6 1 (4.55%) Functional Analyst
6 1 (4.55%) IT Business Analyst
6 1 (4.55%) MiFID Business Analyst
6 1 (4.55%) Production Support Analyst
6 1 (4.55%) Report Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) Middleware
Miscellaneous
1 12 (54.55%) Equities
2 11 (50.00%) Fixed Income
3 8 (36.36%) Foreign Exchange (FX)
4 7 (31.82%) Derivative
5 5 (22.73%) Reference Data
6 2 (9.09%) Data Structures
7 1 (4.55%) Management Information System
7 1 (4.55%) Wiki
Operating Systems
1 1 (4.55%) Unix
Processes & Methodologies
1 12 (54.55%) Asset Management
2 9 (40.91%) Investment Management
3 5 (22.73%) Analytics
3 5 (22.73%) Performance Tuning
4 3 (13.64%) Migration
5 2 (9.09%) Business Analysis
5 2 (9.09%) Continuous Improvement
5 2 (9.09%) GAP Analysis
5 2 (9.09%) Incident Management
5 2 (9.09%) Release Management
5 2 (9.09%) SDLC
5 2 (9.09%) Software Testing
6 1 (4.55%) Agile Software Development
6 1 (4.55%) Data Management
6 1 (4.55%) Mentoring
6 1 (4.55%) Process Improvement
6 1 (4.55%) Test Automation
6 1 (4.55%) Test Strategy
6 1 (4.55%) User Acceptance Testing
6 1 (4.55%) Wealth Management
Programming Languages
1 2 (9.09%) SQL
Qualifications
1 1 (4.55%) Degree
1 1 (4.55%) ITIL Certification
Quality Assurance & Compliance
1 1 (4.55%) MiFID
1 1 (4.55%) SLA
Vendors
1 6 (27.27%) Oracle
1 6 (27.27%) Remedy
2 1 (4.55%) Charles River
2 1 (4.55%) Fidessa
2 1 (4.55%) Sybase
London
Experis Ltd
Rate: £300.00 - £380.00 per day
Posted: 21 hours ago
London
Experis Ltd
Rate: £300 - £315 per day
Posted: Yesterday
City, London
Parallel Consulting
Rate: £550 - £650 per day
Posted: Yesterday