London Sophis Contracts
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Demand Trend Daily Rate Trend Daily Rate Histogram Hourly Rate Trend Job Locations Related Skills

The table below looks at the demand for knowledge and experience of Sophis products and/or services in IT contracts within the London region with a comparison to our Vendors category. Included is a guide to the contractor rates offered in IT jobs that have cited Sophis over the 3 months to 5 September 2008 with a comparison to the same period last year.

LinkSophis
Location
3 months to
5 Sep 2008		Same period last year
Rank259294
Rank change on same period last yearUp+35
Matching contract IT job ads154211
As % of all UK contract IT job ads sampled0.208 %0.208 %
As % of the category below1.083 %0.970 %
Daily rates quoted4481
Average minimum daily rate£443£576
Average daily rate£482£638
% change on same period last year-24.45 %
Average maximum daily rate£521£700
UK excluding London average daily rate£550£350
% change on same period last year+57.14 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
London IT Contractor Job Market, VendorsVendors
London
Matching contract IT job ads1421421747
As % of all UK contract IT job ads sampled19.21 %21.45 %
Daily rates quoted56387671
Average minimum daily rate£403£421
Average daily rate£430£448
% change on same period last year-4.09 %
Average maximum daily rate£457£475
UK excluding London average daily rate£361£358
% change on same period last year+0.59 %
Hourly rates quoted8501308
Average minimum hourly rate£22.78£24.87
Average hourly rate£24.39£26.38
% change on same period last year-7.52 %
Average maximum hourly rate£26.01£27.89
UK excluding London average hourly rate£24.29£24.78
% change on same period last year-1.97 %
Sophis EnglandSophis
England

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

These figures represent the IT job market and are NOT representative of employment within Sophis.

Sophis
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Sophis across the London region as a proportion of the total demand within the Vendors category.

London Sophis Demand Trend

Sophis
Daily Rate Trend

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

London Sophis Daily Rate Trend

Sophis
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis across the London region over the 3 months to 5 September 2008.

London Sophis Daily Rate Histogram

Sophis
Hourly Rate Trend

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

London Sophis Hourly Rate Trend

Sophis
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Sophis within the London region over the 3 months to 5 September 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last		Matching
Contract
IT Job Ads		Average
Daily Rate
Last 3 Months		Average Daily Rate
% Change
on Same Period
Last Year
City of LondonDown-3040£556-1.49 %
Docklands, LondonUp+324--
Canary WharfUp+81--
Sophis EnglandSophis
England

Sophis
Top 30 Related IT Skills

For the 6 months to 5 September 2008, IT contractor jobs across the London region citing Sophis 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 Sophis.

1161 (67.08 %)Derivative
2106 (44.17 %)Equity Derivative
384 (35.00 %)C++
480 (33.33 %)Front Office
574 (30.83 %)Banking
662 (25.83 %)Finance
749 (20.42 %)Investment Banking
749 (20.42 %)Sophis RISQUE
838 (15.83 %)C#
937 (15.42 %)Back Office
1027 (11.25 %)SQL
1124 (10.00 %)User Acceptance Testing
1222 (9.167 %)UNIX
1321 (8.750 %)Windows
1420 (8.333 %)VBA
1420 (8.333 %)Calypso
1519 (7.917 %)Murex
1618 (7.500 %)PL/SQL
1618 (7.500 %)Fixed Income
1618 (7.500 %)Sophis VALUE
1717 (7.083 %)Equities
1816 (6.667 %)Oracle
1915 (6.250 %)Summit
1915 (6.250 %).NET
2014 (5.833 %)Project Management
2014 (5.833 %)Asset Management
2113 (5.417 %)Credit Derivative
2212 (5.000 %)GL TRADE
2310 (4.167 %)TestDirector
2310 (4.167 %)Sophis Toolkit

Sophis
Top Related IT Skills by Category

For the 6 months to 5 September 2008, IT contractor jobs across the London region citing Sophis 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 Sophis. Up to 20 skills are shown per category.

London IT Contractor Job Market, Application DevelopmentApplication Development
115 (6.250 %).NET
210 (4.167 %)Sophis Toolkit
36 (2.500 %)ASP.NET
43 (1.250 %)Middleware
51 (0.417 %)FpML
51 (0.417 %)ASP
51 (0.417 %)ATL
51 (0.417 %)STL
51 (0.417 %)XML
London IT Contractor Job Market, Application PlatformsApplication Platforms
16 (2.500 %)BizTalk Server
21 (0.417 %)WebSphere MQ
21 (0.417 %)WebSphere Message Broker
21 (0.417 %)WebLogic
21 (0.417 %)IIS
21 (0.417 %)MQSeries
London IT Contractor Job Market, Business ApplicationsBusiness Applications
149 (20.42 %)Sophis RISQUE
218 (7.500 %)Sophis VALUE
315 (6.250 %)Summit
42 (0.833 %)Monis
51 (0.417 %)ZaiNet
51 (0.417 %)Decalog
51 (0.417 %)Endur
London IT Contractor Job Market, Communications & NetworkingCommunications & Networking
11 (0.417 %)TCP/IP
London IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
18 (3.333 %)Reference Data
23 (1.250 %)RDBMS
23 (1.250 %)SQL Server
31 (0.417 %)Oracle Reports
London IT Contractor Job Market, Development ApplicationsDevelopment Applications
110 (4.167 %)TestDirector
21 (0.417 %)Oracle Forms
London IT Contractor Job Market, GeneralGeneral
180 (33.33 %)Front Office
274 (30.83 %)Banking
362 (25.83 %)Finance
449 (20.42 %)Investment Banking
537 (15.42 %)Back Office
64 (1.667 %)Financial Institution
73 (1.250 %)International Banking
81 (0.417 %)General Ledger
London IT Contractor Job Market, Job TitlesJob Titles
1120 (50.00 %)Developer
299 (41.25 %)Sophis Developer
372 (30.00 %)Analyst
445 (18.75 %)Business Analyst
525 (10.42 %)Sophis Business Analyst
621 (8.750 %)Consultant
717 (7.083 %)Support Consultant
816 (6.667 %)C++ Developer
915 (6.250 %)Project Manager
1013 (5.417 %)Support Analyst
1111 (4.583 %)Applications Support
1210 (4.167 %)Applications Support Analyst
1210 (4.167 %)Test Analyst
1210 (4.167 %)Equity Derivatives Business Analyst
137 (2.917 %)Test Manager
145 (2.083 %)Investment Banking Business Analyst
154 (1.667 %)Banking Business Analyst
154 (1.667 %)Technical Analyst
154 (1.667 %)Oracle Developer
154 (1.667 %)Project Analyst
London IT Contractor Job Market, MiscellaneousMiscellaneous
1161 (67.08 %)Derivative
2106 (44.17 %)Equity Derivative
318 (7.500 %)Fixed Income
417 (7.083 %)Equities
513 (5.417 %)Credit Derivative
69 (3.750 %)Interest Rate Derivative
76 (2.500 %)Market Risk
76 (2.500 %)Foreign Exchange (FX)
83 (1.250 %)Credit Risk
92 (0.833 %)Equity Risk
92 (0.833 %)Management Information System
101 (0.417 %)Spread Betting
101 (0.417 %)French Language
101 (0.417 %)Japanese Language
London IT Contractor Job Market, Operating SystemsOperating Systems
122 (9.167 %)UNIX
221 (8.750 %)Windows
31 (0.417 %)Solaris
London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
124 (10.00 %)User Acceptance Testing
214 (5.833 %)Asset Management
214 (5.833 %)Project Management
39 (3.750 %)Risk Management
48 (3.333 %)Data Modelling
57 (2.917 %)Business Analysis
57 (2.917 %)Fund Management
66 (2.500 %)OO
66 (2.500 %)Investment Management
73 (1.250 %)Migration
82 (0.833 %)ITIL
82 (0.833 %)Change Management
82 (0.833 %)Risk Analysis
82 (0.833 %)Requirements Analysis
82 (0.833 %)Agile Software Development
82 (0.833 %)Greeks
82 (0.833 %)Integration Testing
82 (0.833 %)Test Scripting
91 (0.417 %)Stress Testing
91 (0.417 %)Stakeholder Management
London IT Contractor Job Market, Programming LanguagesProgramming Languages
184 (35.00 %)C++
238 (15.83 %)C#
327 (11.25 %)SQL
420 (8.333 %)VBA
518 (7.500 %)PL/SQL
69 (3.750 %)Java
76 (2.500 %)C
84 (1.667 %)VBScript
93 (1.250 %)VB
93 (1.250 %)VC++
102 (0.833 %)Perl
111 (0.417 %)Transact-SQL
111 (0.417 %)Korn
London IT Contractor Job Market, QualificationsQualifications
14 (1.667 %)ISEB
22 (0.833 %)Degree
London IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
14 (1.667 %)QA
London IT Contractor Job Market, Systems ManagementSystems Management
11 (0.417 %)Unicenter
11 (0.417 %)CONTROL-M
London IT Contractor Job Market, VendorsVendors
120 (8.333 %)Calypso
219 (7.917 %)Murex
316 (6.667 %)Oracle
412 (5.000 %)GL TRADE
56 (2.500 %)thinkFolio
63 (1.250 %)Reuters
63 (1.250 %)Bloomberg
72 (0.833 %)OpenLink
72 (0.833 %)Sybase
81 (0.417 %)Fidessa
81 (0.417 %)Actuate
81 (0.417 %)BMC
81 (0.417 %)CA
81 (0.417 %)Triple Point
81 (0.417 %)Yolus
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IT Jobs Watch, Tracking the IT Job Market
Updated 5 September 2008
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