The table below looks at the statistics for knowledge and experience of Sophis 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 Sophis over the 3 months to 27 March 2015 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 Sophis.

Location
3 months to
27 Mar 2015
Same period 2014 Same period 2013
Sophis
Rank 387 394 363
Rank change year-on-year
+7 -31
Contract jobs citing Sophis 15 10 17
As % of all contract IT jobs located in London 0.070% 0.045% 0.082%
As % of the Vendors category 0.16% 0.10% 0.18%
Number of daily rates quoted 12 4 11
Average daily rate
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of your Daily Rate
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£588 £588 £500
Average daily rate % change year-on-year
- +17.50%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Sophis
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
9530 9875 9410
As % of all contract IT jobs located in London 44.57% 44.07% 45.56%
Number of daily rates quoted 6223 6354 6044
Average daily rate £425 £425 £425
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 201 222 227
Average hourly rate £18.70 £18.70 £19.00
Average hourly rate % change year-on-year
- -1.57%
90% offered a hourly rate of more than £13.09 £14.00 £12.00
10% offered a hourly rate of more than £50.00 £37.50 £40.75
UK excluding London average hourly rate £17.00 £17.50 £18.40
% change year-on-year
-2.85% -4.89%

Sophis
Jobs Demand Trend in London

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

Sophis Jobs Demand Trend in London

Sophis
Daily Rate Trend in London

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

Sophis Daily Rate Trend in London

Sophis
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis across the London region over the 3 months to 27 March 2015.

Sophis Daily Rate Histogram in London

Sophis
Hourly Rate Trend in London

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

Sophis Hourly Rate Trend in London

Sophis
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 Sophis within the London region over the 3 months to 27 March 2015. 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 +16 3 £625 -
Sophis
England

Sophis
Top 30 Related IT Skills in London

For the 6 months to 27 March 2015, 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.

1 11 (55.00%) Derivative
2 9 (45.00%) Finance
2 9 (45.00%) Banking
3 8 (40.00%) Equity Derivative
4 6 (30.00%) Front Office
4 6 (30.00%) Investment Banking
4 6 (30.00%) Equities
5 5 (25.00%) Agile Software Development
6 4 (20.00%) Murex
6 4 (20.00%) Calypso
6 4 (20.00%) SQL
6 4 (20.00%) Charles River
7 3 (15.00%) Bloomberg
7 3 (15.00%) Project Management
7 3 (15.00%) Asset Management
7 3 (15.00%) Stakeholder Management
7 3 (15.00%) Credit Risk
7 3 (15.00%) Investment Management
8 2 (10.00%) Swaptions
8 2 (10.00%) Test Scripting
8 2 (10.00%) Open Workbench
8 2 (10.00%) Migration
8 2 (10.00%) Programme Management
8 2 (10.00%) Risk Management
8 2 (10.00%) Oracle
8 2 (10.00%) Monte Carlo Method
8 2 (10.00%) Analytics
8 2 (10.00%) FactSet
8 2 (10.00%) Analytical Skills
9 1 (5.00%) HP Quality Center

Sophis
Top Related IT Skills in London by Category

For the 6 months to 27 March 2015, 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.

Applications
1 2 (10.00%) Open Workbench
Business Applications
1 1 (5.00%) Front Arena
1 1 (5.00%) thinkFolio
Development Applications
1 1 (5.00%) JIRA
General
1 9 (45.00%) Finance
1 9 (45.00%) Banking
2 6 (30.00%) Front Office
2 6 (30.00%) Investment Banking
3 1 (5.00%) Corporate Banking
3 1 (5.00%) Back Office
3 1 (5.00%) Billing
Job Titles
1 8 (40.00%) Analyst
2 6 (30.00%) Project Manager
3 4 (20.00%) Applications Support
4 3 (15.00%) IT Programme Manager
4 3 (15.00%) Applications Support Analyst
4 3 (15.00%) IT Project Manager
4 3 (15.00%) Business Analyst
4 3 (15.00%) Programme Manager
4 3 (15.00%) Support Analyst
5 2 (10.00%) Test Analyst
5 2 (10.00%) Sophis Business Analyst
5 2 (10.00%) Support Specialist
6 1 (5.00%) Charles River Support Analyst
6 1 (5.00%) Support Engineer
6 1 (5.00%) Junior
6 1 (5.00%) Developer
6 1 (5.00%) Applications Support Engineer
6 1 (5.00%) Sophis Developer
6 1 (5.00%) Junior Test Analyst
6 1 (5.00%) Junior Analyst
Libraries, Frameworks & Software Standards
1 1 (5.00%) XML
Miscellaneous
1 11 (55.00%) Derivative
2 8 (40.00%) Equity Derivative
3 6 (30.00%) Equities
4 3 (15.00%) Credit Risk
5 2 (10.00%) Analytical Skills
5 2 (10.00%) Swaptions
6 1 (5.00%) PMI
6 1 (5.00%) Foreign Exchange (FX)
6 1 (5.00%) Fixed Income
6 1 (5.00%) Hedge funds
Operating Systems
1 1 (5.00%) UNIX
Processes & Methodologies
1 5 (25.00%) Agile Software Development
2 3 (15.00%) Asset Management
2 3 (15.00%) Investment Management
2 3 (15.00%) Project Management
2 3 (15.00%) Stakeholder Management
3 2 (10.00%) Programme Management
3 2 (10.00%) Risk Management
3 2 (10.00%) Migration
3 2 (10.00%) Monte Carlo Method
3 2 (10.00%) Test Scripting
3 2 (10.00%) Analytics
4 1 (5.00%) Stakeholder Engagement
4 1 (5.00%) Business Analysis
4 1 (5.00%) Fund Management
4 1 (5.00%) Release Management
4 1 (5.00%) Stress Testing
4 1 (5.00%) Integration Testing
4 1 (5.00%) GAP Analysis
4 1 (5.00%) PRINCE2
4 1 (5.00%) BCP
Programming Languages
1 4 (20.00%) SQL
2 1 (5.00%) Python
2 1 (5.00%) Shell Script
2 1 (5.00%) C#
Qualifications
1 1 (5.00%) PRINCE2 Certification
1 1 (5.00%) PMI Certification
1 1 (5.00%) Degree
Systems Management
1 1 (5.00%) Control-M
1 1 (5.00%) HP Quality Center
Vendors
1 4 (20.00%) Murex
1 4 (20.00%) Calypso
1 4 (20.00%) Charles River
2 3 (15.00%) Bloomberg
3 2 (10.00%) Oracle
3 2 (10.00%) FactSet
4 1 (5.00%) Microsoft
4 1 (5.00%) SunGard
4 1 (5.00%) Remedy
4 1 (5.00%) Wall Street Systems
London
Aston Carter
Rate: £500 - £600 per annum
Posted: 3 days ago