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 22 August 2014 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
22 Aug 2014
Same period 2013 Same period 2012
Sophis
Rank 405 399 368
Rank change year-on-year
-6 -31
Contract jobs citing Sophis 4 25 48
As % of all contract IT jobs located in London 0.016% 0.099% 0.18%
As % of the Vendors category 0.036% 0.21% 0.41%
Number of daily rates quoted 0 13 30
Average daily rate
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of your Daily Rate
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- £550 £578
Average daily rate % change year-on-year
- -4.76%
UK excluding London average daily rate - £600 -
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
11067 11686 11841
As % of all contract IT jobs located in London 45.58% 46.37% 45.25%
Number of daily rates quoted 6964 7523 7164
Average daily rate £425 £425 £414
Average daily rate % change year-on-year
- +2.65%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £590 £580 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 242 265 345
Average hourly rate £19.00 £19.50 £19.50
Average hourly rate % change year-on-year
-2.56% -
90% offered a hourly rate of more than £13.00 £13.00 £13.00
10% offered a hourly rate of more than £32.01 £48.00 £37.50
UK excluding London average hourly rate £17.50 £19.50 £19.91
% change year-on-year
-10.25% -2.05%

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
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 22 August 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 - - - - 3
Sophis
England

Sophis
Top 30 Related IT Skills in London

For the 6 months to 22 August 2014, 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 12 (52.17%) Charles River
1 12 (52.17%) Front Office
2 11 (47.83%) Finance
2 11 (47.83%) Calypso
2 11 (47.83%) SQL
3 10 (43.48%) Investment Management
4 9 (39.13%) XML
5 8 (34.78%) Murex
5 8 (34.78%) Asset Management
5 8 (34.78%) Test Scripting
6 6 (26.09%) Business Analysis
6 6 (26.09%) Derivative
6 6 (26.09%) Fund Management
6 6 (26.09%) Fixed Income
7 3 (13.04%) Summit
7 3 (13.04%) Sophis RISQUE
7 3 (13.04%) Risk Management
7 3 (13.04%) Banking
7 3 (13.04%) Bloomberg
7 3 (13.04%) Foreign Exchange (FX)
7 3 (13.04%) QlikView
7 3 (13.04%) Portfolio Management
7 3 (13.04%) Markit EDM
7 3 (13.04%) FactSet
8 2 (8.70%) Credit Risk
8 2 (8.70%) Disaster Recovery
8 2 (8.70%) thinkFolio
8 2 (8.70%) XSLT
8 2 (8.70%) UNIX
8 2 (8.70%) Linux

Sophis
Top Related IT Skills in London by Category

For the 6 months to 22 August 2014, 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.

Business Applications
1 3 (13.04%) Summit
1 3 (13.04%) Sophis RISQUE
1 3 (13.04%) Markit EDM
2 2 (8.70%) LatentZero
3 1 (4.35%) Global One
Database & Business Intelligence
1 3 (13.04%) QlikView
2 1 (4.35%) Informix
2 1 (4.35%) RDBMS
2 1 (4.35%) Oracle Database 10g
2 1 (4.35%) SQL Server
2 1 (4.35%) Oracle Database 11g
2 1 (4.35%) Oracle Database
2 1 (4.35%) Relational Database
Development Applications
1 1 (4.35%) Toad
1 1 (4.35%) QuickTest Pro
General
1 12 (52.17%) Front Office
2 11 (47.83%) Finance
3 3 (13.04%) Banking
4 1 (4.35%) Legal
4 1 (4.35%) Marketing
4 1 (4.35%) Investment Banking
Job Titles
1 18 (78.26%) Analyst
2 8 (34.78%) Business Analyst
2 8 (34.78%) Test Analyst
3 3 (13.04%) Senior Analyst
3 3 (13.04%) Applications Support
3 3 (13.04%) Senior Business Analyst
4 2 (8.70%) Support Analyst
5 1 (4.35%) Oracle DBA
5 1 (4.35%) Credit Risk Business Analyst
5 1 (4.35%) Risk Analyst
5 1 (4.35%) Credit Analyst
5 1 (4.35%) QA Test Analyst
5 1 (4.35%) Murex Support Analyst
5 1 (4.35%) Credit Risk Analyst
5 1 (4.35%) Murex Support
5 1 (4.35%) Murex Analyst
5 1 (4.35%) Functional Analyst
5 1 (4.35%) QA Analyst
5 1 (4.35%) DBA
5 1 (4.35%) Equity Derivatives Business Analyst
Libraries, Frameworks & Software Standards
1 9 (39.13%) XML
2 2 (8.70%) XSLT
3 1 (4.35%) Middleware
Miscellaneous
1 6 (26.09%) Derivative
1 6 (26.09%) Fixed Income
2 3 (13.04%) Foreign Exchange (FX)
3 2 (8.70%) Credit Risk
3 2 (8.70%) Equity Derivative
3 2 (8.70%) Energy Derivatives
3 2 (8.70%) Equities
4 1 (4.35%) Credit Derivative
4 1 (4.35%) Market Risk
Operating Systems
1 2 (8.70%) UNIX
1 2 (8.70%) Linux
2 1 (4.35%) Windows
2 1 (4.35%) Solaris
2 1 (4.35%) Red Hat Enterprise Linux
Processes & Methodologies
1 10 (43.48%) Investment Management
2 8 (34.78%) Asset Management
2 8 (34.78%) Test Scripting
3 6 (26.09%) Business Analysis
3 6 (26.09%) Fund Management
4 3 (13.04%) Risk Management
4 3 (13.04%) Portfolio Management
5 2 (8.70%) Disaster Recovery
5 2 (8.70%) Workflow
5 2 (8.70%) Migration
6 1 (4.35%) Change Management
6 1 (4.35%) Incident Management
6 1 (4.35%) User Acceptance Testing
6 1 (4.35%) Integration Testing
6 1 (4.35%) Analytics
6 1 (4.35%) Database Security
6 1 (4.35%) Monte Carlo Method
Programming Languages
1 11 (47.83%) SQL
2 1 (4.35%) VBScript
2 1 (4.35%) VB
2 1 (4.35%) VBA
2 1 (4.35%) C#
2 1 (4.35%) C++
2 1 (4.35%) Java
2 1 (4.35%) PL/SQL
2 1 (4.35%) Shell Script
Qualifications
1 1 (4.35%) ISEB
Quality Assurance & Compliance
1 1 (4.35%) QA
System Software
1 1 (4.35%) Oracle RAC
Systems Management
1 1 (4.35%) Oracle Enterprise Manager
1 1 (4.35%) Control-M
Vendors
1 12 (52.17%) Charles River
2 11 (47.83%) Calypso
3 8 (34.78%) Murex
4 3 (13.04%) Bloomberg
4 3 (13.04%) FactSet
5 2 (8.70%) thinkFolio
6 1 (4.35%) VMware
6 1 (4.35%) Oracle
6 1 (4.35%) Remedy
6 1 (4.35%) Red Hat
6 1 (4.35%) HP
6 1 (4.35%) Veritas
6 1 (4.35%) Wall Street Systems
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