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 contractor rates offered in IT contracts that have cited Sophis over the 3 months to 28 June 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 Misys FusionCapital Sophis.

3 months to
28 Jun 2016
Same period 2015 Same period 2014
Sophis
Rank 425 418 407
Rank change year-on-year
-7 -11
Contract jobs citing Sophis 8 9 19
As % of all contract IT jobs located in London 0.037% 0.039% 0.083%
As % of the Vendors category 0.090% 0.089% 0.19%
Number of daily rates quoted 7 7 5
Median daily rate £625 £625 £450
Median daily rate % change year-on-year
- +38.88%
90% offered a daily rate of more than £550 £426 £403
10% offered a daily rate of more than £750 £625 £555
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
8927 10140 10086
As % of all contract IT jobs located in London 41.17% 44.12% 44.05%
Number of daily rates quoted 6147 6706 6469
Median daily rate £450 £425 £418
Median daily rate % change year-on-year
+5.88% +1.79%
90% offered a daily rate of more than £275 £250 £238
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 112 248 202
Median hourly rate £18.00 £20.00 £19.00
Median hourly rate % change year-on-year
-10.00% +5.26%
90% offered a hourly rate of more than £12.00 £13.00 £14.00
10% offered a hourly rate of more than £42.33 £52.17 £32.03
UK excluding London median hourly rate £20.83 £18.50 £17.00
% change year-on-year
+12.59% +8.82%

Sophis
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Sophis as a proportion of all IT contracts with a match in 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 28 June 2016.

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
Top 30 Related IT Skills in London

For the 6 months to 28 June 2016, IT contractor jobs citing Sophis 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 Sophis.

1 10 (58.82%) Derivative
2 8 (47.06%) Front Office
3 7 (41.18%) Equity Derivative
3 7 (41.18%) Equities
4 5 (29.41%) Murex
4 5 (29.41%) C++
4 5 (29.41%) Banking
4 5 (29.41%) Finance
4 5 (29.41%) Investment Banking
4 5 (29.41%) French Language
4 5 (29.41%) Market Risk
5 4 (23.53%) Business Analysis
5 4 (23.53%) MiFID
5 4 (23.53%) Java
5 4 (23.53%) SQL
6 3 (17.65%) Project Management
6 3 (17.65%) Risk Management
6 3 (17.65%) Financial Modelling
6 3 (17.65%) Hadoop
7 2 (11.76%) Analytics
7 2 (11.76%) Relational Database
7 2 (11.76%) EMIR
7 2 (11.76%) Dodd-Frank
7 2 (11.76%) Greeks
7 2 (11.76%) Foreign Exchange (FX)
7 2 (11.76%) PL/SQL
7 2 (11.76%) Fidessa
7 2 (11.76%) Oracle
8 1 (5.88%) TDD
8 1 (5.88%) Programme Management

Sophis
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 1 (5.88%) Oracle Coherence
Business Applications
1 1 (5.88%) Global One
1 1 (5.88%) SunGard Martini
Database & Business Intelligence
1 3 (17.65%) Hadoop
2 2 (11.76%) Relational Database
3 1 (5.88%) HSQLDB
3 1 (5.88%) InterSystems Cache
3 1 (5.88%) KDB
3 1 (5.88%) OLAP
3 1 (5.88%) RDBMS
Development Applications
1 1 (5.88%) Visual Studio
General
1 8 (47.06%) Front Office
2 5 (29.41%) Banking
2 5 (29.41%) Finance
2 5 (29.41%) French Language
2 5 (29.41%) Investment Banking
3 1 (5.88%) Back Office
3 1 (5.88%) Retail
Job Titles
1 9 (52.94%) Analyst
2 6 (35.29%) Business Analyst
2 6 (35.29%) Project Manager
3 3 (17.65%) Derivatives Business Analyst
3 3 (17.65%) Equity Derivatives Business Analyst
4 2 (11.76%) Business Manager
4 2 (11.76%) Business Project Manager
4 2 (11.76%) Consultant
4 2 (11.76%) Project Analyst
4 2 (11.76%) Risk Analyst
5 1 (5.88%) Banking Analyst
5 1 (5.88%) Business Support Analyst
5 1 (5.88%) Integration Consultant
5 1 (5.88%) IT Programme Manager
5 1 (5.88%) Murex Analyst
5 1 (5.88%) Murex Support
5 1 (5.88%) Murex Support Analyst
5 1 (5.88%) Quantitative Analyst
5 1 (5.88%) Report Analyst
5 1 (5.88%) Support Analyst
Libraries, Frameworks & Software Standards
1 1 (5.88%) ActiveMQ
1 1 (5.88%) Boost C++ Libraries
1 1 (5.88%) FIX Protocol
1 1 (5.88%) Hibernate
1 1 (5.88%) JMS
1 1 (5.88%) JPA
1 1 (5.88%) Spring
1 1 (5.88%) Spring Integration
1 1 (5.88%) STL
1 1 (5.88%) Web Services
Miscellaneous
1 10 (58.82%) Derivative
2 7 (41.18%) Equities
2 7 (41.18%) Equity Derivative
3 5 (29.41%) Market Risk
4 2 (11.76%) Foreign Exchange (FX)
5 1 (5.88%) Analytical Skills
5 1 (5.88%) Credit Derivative
5 1 (5.88%) Enterprise Software
5 1 (5.88%) Fixed Income
5 1 (5.88%) Index Arbitrage
5 1 (5.88%) Mathematics
Operating Systems
1 1 (5.88%) Windows
Processes & Methodologies
1 4 (23.53%) Business Analysis
2 3 (17.65%) Financial Modelling
2 3 (17.65%) Project Management
2 3 (17.65%) Risk Management
3 2 (11.76%) Analytics
3 2 (11.76%) Greeks
4 1 (5.88%) Change Management
4 1 (5.88%) Coaching
4 1 (5.88%) E-Commerce
4 1 (5.88%) Electronic Trading
4 1 (5.88%) Market Making
4 1 (5.88%) Mentoring
4 1 (5.88%) OO
4 1 (5.88%) People Management
4 1 (5.88%) PRINCE2
4 1 (5.88%) Regression Testing
4 1 (5.88%) Release Management
4 1 (5.88%) Stakeholder Engagement
4 1 (5.88%) Test Automation
4 1 (5.88%) Validation
Programming Languages
1 5 (29.41%) C++
2 4 (23.53%) Java
2 4 (23.53%) SQL
3 2 (11.76%) PL/SQL
4 1 (5.88%) C#
4 1 (5.88%) PowerShell
4 1 (5.88%) VBA
Qualifications
1 1 (5.88%) Degree
1 1 (5.88%) PMI Certification
1 1 (5.88%) PMP
Quality Assurance & Compliance
1 4 (23.53%) MiFID
2 2 (11.76%) Dodd-Frank
2 2 (11.76%) EMIR
Vendors
1 5 (29.41%) Murex
2 2 (11.76%) Fidessa
2 2 (11.76%) Oracle
3 1 (5.88%) Calypso
3 1 (5.88%) Microsoft
3 1 (5.88%) SunGard