The first table below looks at the demand 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 28 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the London region.

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
28 Jul 2014
Same period 2013 Same period 2012
SimCorp
Rank 392 407 402
Rank change year-on-year
+15 -5
Contract jobs citing SimCorp 7 5 21
As % of all contract IT jobs located in London 0.030% 0.021% 0.080%
As % of the Vendors category 0.066% 0.045% 0.18%
Number of daily rates quoted 6 1 21
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£519 £825 £975
Average daily rate % change year-on-year
-37.12% -15.38%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
London
Contract IT job ads with a match in the
Vendors category
10578 11145 11887
As % of all contract IT jobs located in London 44.86% 45.95% 45.06%
Number of daily rates quoted 6690 7097 7146
Average daily rate £425 £425 £410
Average daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £230 £255 £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 223 289 335
Average hourly rate £19.00 £22.00 £19.50
Average hourly rate % change year-on-year
-13.63% +12.82%
90% offered a hourly rate of more than £12.80 £12.62 £13.00
10% offered a hourly rate of more than £34.55 £48.00 £35.50
UK excluding London average hourly rate £17.50 £19.50 £19.21
% change year-on-year
-10.25% +1.50%
SimCorp
England

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 28 July 2014.

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 28 July 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 +11 2 £513 -37.87% 4
SimCorp
England

SimCorp
Top 30 Related IT Skills in London

For the 6 months to 28 July 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 10 (66.67%) SimCorp Dimension
2 9 (60.00%) Finance
3 6 (40.00%) Wealth Management
3 6 (40.00%) Investment Management
3 6 (40.00%) SaaS
3 6 (40.00%) Charles River
4 5 (33.33%) Data Warehouse
4 5 (33.33%) Asset Management
4 5 (33.33%) Telecoms
5 4 (26.67%) Front Office
5 4 (26.67%) Back Office
5 4 (26.67%) Banking
5 4 (26.67%) thinkFolio
5 4 (26.67%) Portfolio Management
6 3 (20.00%) Hedge funds
6 3 (20.00%) Wall Street Systems
6 3 (20.00%) Fixed Income
6 3 (20.00%) Misys
6 3 (20.00%) SQL
6 3 (20.00%) .NET
6 3 (20.00%) PRINCE2
6 3 (20.00%) PMI
6 3 (20.00%) PMI Certification
7 2 (13.33%) Temenos
7 2 (13.33%) ETL
7 2 (13.33%) Microsoft
7 2 (13.33%) SWIFT
7 2 (13.33%) Fund Management
7 2 (13.33%) Temenos T24
7 2 (13.33%) Derivative

SimCorp
Top Related IT Skills in London by Category

For the 6 months to 28 July 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 (6.67%) SharePoint
1 1 (6.67%) BizTalk Server
Business Applications
1 10 (66.67%) SimCorp Dimension
2 2 (13.33%) Temenos T24
2 2 (13.33%) Markit EDM
3 1 (6.67%) HiPortfolio
3 1 (6.67%) LatentZero
Cloud Services
1 6 (40.00%) SaaS
Communications & Networking
1 1 (6.67%) LDAP
1 1 (6.67%) FTP
1 1 (6.67%) HTTP
Database & Business Intelligence
1 5 (33.33%) Data Warehouse
2 1 (6.67%) SQL Server Reporting Services
2 1 (6.67%) SQL Server Integration Services
2 1 (6.67%) SQL Server
2 1 (6.67%) Crystal Reports
2 1 (6.67%) Oracle Reports
General
1 9 (60.00%) Finance
2 5 (33.33%) Telecoms
3 4 (26.67%) Banking
3 4 (26.67%) Front Office
3 4 (26.67%) Back Office
Job Titles
1 6 (40.00%) Architect
1 6 (40.00%) Solutions Architect
2 3 (20.00%) Project Manager
2 3 (20.00%) Analyst
3 1 (6.67%) Test Analyst
3 1 (6.67%) Consultant
3 1 (6.67%) Business Analyst
3 1 (6.67%) Support Analyst
3 1 (6.67%) Applications Support
3 1 (6.67%) Applications Support Analyst
3 1 (6.67%) Applications Manager
3 1 (6.67%) Applications Project Manager
Libraries, Frameworks & Software Standards
1 3 (20.00%) .NET
2 1 (6.67%) WCF
Miscellaneous
1 3 (20.00%) PMI
1 3 (20.00%) Fixed Income
1 3 (20.00%) Hedge funds
2 2 (13.33%) SWIFT
2 2 (13.33%) Derivative
3 1 (6.67%) Equities
3 1 (6.67%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (40.00%) Wealth Management
1 6 (40.00%) Investment Management
2 5 (33.33%) Asset Management
3 4 (26.67%) Portfolio Management
4 3 (20.00%) PRINCE2
5 2 (13.33%) ETL
5 2 (13.33%) Fund Management
6 1 (6.67%) Manual Testing
6 1 (6.67%) Change Management
6 1 (6.67%) CRM
6 1 (6.67%) Fund Accounting
Programming Languages
1 3 (20.00%) SQL
2 1 (6.67%) Ruby
2 1 (6.67%) C#
2 1 (6.67%) Perl
Qualifications
1 3 (20.00%) PMI Certification
Quality Assurance & Compliance
1 1 (6.67%) QA
Vendors
1 6 (40.00%) Charles River
2 4 (26.67%) thinkFolio
3 3 (20.00%) Wall Street Systems
3 3 (20.00%) Misys
4 2 (13.33%) Temenos
4 2 (13.33%) Microsoft
5 1 (6.67%) Oracle
5 1 (6.67%) VMware
5 1 (6.67%) Sophis
5 1 (6.67%) Fidessa
5 1 (6.67%) Citrix
5 1 (6.67%) Reuters
5 1 (6.67%) Bloomberg
5 1 (6.67%) RIMES
City of London
Real Staffing
Rate: £450 - £550 per day + competitive
Posted: 3 days ago