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 contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 28 May 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.

3 months to
28 May 2016
Same period 2015 Same period 2014
SimCorp
Rank 407 387 406
Rank change year-on-year
-20 +19
Contract jobs citing SimCorp 21 30 9
As % of all contract IT jobs located in London 0.095% 0.13% 0.040%
As % of the Vendors category 0.23% 0.30% 0.091%
Number of daily rates quoted 19 5 8
Median daily rate £500 £650 £513
Median daily rate % change year-on-year
-23.07% +26.82%
90% offered a daily rate of more than £273 £561 £494
10% offered a daily rate of more than £770 £675 £548
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
9112 10045 9926
As % of all contract IT jobs located in London 41.32% 44.40% 43.68%
Number of daily rates quoted 6252 6572 6458
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £255 £250
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £380 £370 £350
% change year-on-year
+2.70% +5.71%
Number of hourly rates quoted 115 257 209
Median hourly rate £19.00 £19.02 £19.00
Median hourly rate % change year-on-year
-0.07% +0.07%
90% offered a hourly rate of more than £12.50 £13.09 £13.50
10% offered a hourly rate of more than £43.00 £50.00 £30.00
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

SimCorp
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing SimCorp as a proportion of all IT contracts with a match in 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 May 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 median contractor rates quoted in IT jobs citing SimCorp within the London region over the 3 months to 28 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +36 1 £763 +17.30% 5
SimCorp
England

SimCorp
Top 30 Related IT Skills in London

For the 6 months to 28 May 2016, IT contractor jobs citing SimCorp also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for SimCorp.

1 25 (75.76%) Asset Management
2 23 (69.70%) SimCorp Dimension
3 14 (42.42%) Fixed Income
4 13 (39.39%) Charles River
4 13 (39.39%) Investment Management
5 11 (33.33%) SQL Server
5 11 (33.33%) Finance
6 8 (24.24%) Front Office
7 7 (21.21%) SQL
7 7 (21.21%) Oracle
7 7 (21.21%) BizTalk Server
7 7 (21.21%) Performance Tuning
8 6 (18.18%) User Acceptance Testing
9 5 (15.15%) SQL Server Analysis Services
9 5 (15.15%) Wealth Management
9 5 (15.15%) Oracle Database 11g
9 5 (15.15%) thinkFolio
9 5 (15.15%) Capacity Planning
9 5 (15.15%) Oracle Database 12c
9 5 (15.15%) Oracle Database
9 5 (15.15%) Server Virtualisation
9 5 (15.15%) VLDB
9 5 (15.15%) T-SQL
9 5 (15.15%) Migration
9 5 (15.15%) Disaster Recovery
9 5 (15.15%) Oracle RMAN
9 5 (15.15%) Equities
9 5 (15.15%) SQL Server Integration Services
9 5 (15.15%) SQL Server Reporting Services
10 4 (12.12%) Derivative

SimCorp
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (21.21%) BizTalk Server
Applications
1 2 (6.06%) MS Excel
2 1 (3.03%) MS Project
Business Applications
1 23 (69.70%) SimCorp Dimension
2 5 (15.15%) thinkFolio
3 2 (6.06%) Markit EDM
4 1 (3.03%) IntelliMatch
4 1 (3.03%) LatentZero
4 1 (3.03%) Minerva
4 1 (3.03%) Sentinel
Communications & Networking
1 1 (3.03%) HTTP
1 1 (3.03%) HTTPS
Database & Business Intelligence
1 11 (33.33%) SQL Server
2 5 (15.15%) Oracle Database
2 5 (15.15%) Oracle Database 11g
2 5 (15.15%) Oracle Database 12c
2 5 (15.15%) SQL Server Analysis Services
2 5 (15.15%) SQL Server Integration Services
2 5 (15.15%) SQL Server Reporting Services
2 5 (15.15%) VLDB
3 3 (9.09%) SQL Server 2008
3 3 (9.09%) SQL Server 2012
3 3 (9.09%) SQL Server 2014
Development Applications
1 3 (9.09%) Team Foundation Server
General
1 11 (33.33%) Finance
2 8 (24.24%) Front Office
3 1 (3.03%) Back Office
3 1 (3.03%) Financial Institution
3 1 (3.03%) Retail
Job Titles
1 12 (36.36%) Business Analyst
2 11 (33.33%) Analyst
3 10 (30.30%) Asset Management Business Analyst
4 8 (24.24%) Asset Management Analyst
5 7 (21.21%) Project Manager
6 5 (15.15%) DBA
6 5 (15.15%) SQL DBA
7 4 (12.12%) Performance Analyst
8 3 (9.09%) Asset Management Project Manager
8 3 (9.09%) Developer
8 3 (9.09%) Integration Developer
9 2 (6.06%) Applications Support
9 2 (6.06%) Consultant
9 2 (6.06%) Front Office Business Analyst
9 2 (6.06%) Implementation Consultant
9 2 (6.06%) Investment Management Business Analyst
9 2 (6.06%) Senior Manager
9 2 (6.06%) Senior Project Manager
9 2 (6.06%) Technical Manager
9 2 (6.06%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 3 (9.09%) AngularJS
1 3 (9.09%) WCF
1 3 (9.09%) WPF
2 1 (3.03%) COM
Miscellaneous
1 14 (42.42%) Fixed Income
2 5 (15.15%) Equities
3 4 (12.12%) Derivative
3 4 (12.12%) Hedge funds
4 3 (9.09%) Foreign Exchange (FX)
5 2 (6.06%) Data Structures
6 1 (3.03%) Management Information System
Processes & Methodologies
1 25 (75.76%) Asset Management
2 13 (39.39%) Investment Management
3 7 (21.21%) Performance Tuning
4 6 (18.18%) User Acceptance Testing
5 5 (15.15%) Capacity Planning
5 5 (15.15%) Disaster Recovery
5 5 (15.15%) Migration
5 5 (15.15%) Server Virtualisation
5 5 (15.15%) Wealth Management
6 3 (9.09%) Data Migration
6 3 (9.09%) MVVM
6 3 (9.09%) Portfolio Management
6 3 (9.09%) Project Management
7 1 (3.03%) Data Governance
7 1 (3.03%) ETL
7 1 (3.03%) Low Latency
7 1 (3.03%) PRINCE2
7 1 (3.03%) Regression Testing
7 1 (3.03%) Systematic Trading
7 1 (3.03%) Time Management
Programming Languages
1 7 (21.21%) SQL
2 5 (15.15%) T-SQL
3 3 (9.09%) C#
3 3 (9.09%) PowerShell
4 1 (3.03%) PL/SQL
Systems Management
1 5 (15.15%) Oracle RMAN
2 4 (12.12%) SCOM
Vendors
1 13 (39.39%) Charles River
2 7 (21.21%) Oracle
3 2 (6.06%) BISAM
3 2 (6.06%) Fidessa
3 2 (6.06%) Remedy
4 1 (3.03%) Bloomberg
4 1 (3.03%) Eze Castle Integration
4 1 (3.03%) GoldenSource
4 1 (3.03%) Linedata
4 1 (3.03%) Microsoft
4 1 (3.03%) SunGard
4 1 (3.03%) Sybase
4 1 (3.03%) Tableau