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 6 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 Misys FusionCapital Sophis.

3 months to
6 May 2016
Same period 2015 Same period 2014
Sophis
Rank 431 413 412
Rank change year-on-year
-18 -1
Contract jobs citing Sophis 6 11 21
As % of all contract IT jobs located in London 0.026% 0.049% 0.090%
As % of the Vendors category 0.064% 0.11% 0.21%
Number of daily rates quoted 4 9 8
Median daily rate £600 £650 £538
Median daily rate % change year-on-year
-7.69% +20.93%
90% offered a daily rate of more than £558 £485 £414
10% offered a daily rate of more than £678 £700 £625
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
9395 9975 10240
As % of all contract IT jobs located in London 41.22% 44.34% 43.86%
Number of daily rates quoted 6402 6452 6721
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £600 £590 £600
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 120 226 212
Median hourly rate £19.00 £18.70 £19.00
Median hourly rate % change year-on-year
+1.60% -1.57%
90% offered a hourly rate of more than £10.00 £13.00 £14.00
10% offered a hourly rate of more than £32.94 £50.00 £33.75
UK excluding London median hourly rate £20.00 £18.50 £17.50
% change year-on-year
+8.10% +5.71%

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 6 May 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
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 Sophis within the London region over the 3 months to 6 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
Canary Wharf - 1 £575 -
Sophis
England

Sophis
Top 30 Related IT Skills in London

For the 6 months to 6 May 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 12 (63.16%) SQL
2 11 (57.89%) Murex
3 10 (52.63%) Calypso
3 10 (52.63%) Windows
3 10 (52.63%) PowerShell
3 10 (52.63%) Relational Database
4 8 (42.11%) Risk Management
4 8 (42.11%) Banking
5 7 (36.84%) Back Office
5 7 (36.84%) Release Management
6 6 (31.58%) Investment Banking
7 5 (26.32%) Market Risk
8 4 (21.05%) Derivative
8 4 (21.05%) Equity Derivative
8 4 (21.05%) Front Office
8 4 (21.05%) Finance
9 3 (15.79%) Equities
9 3 (15.79%) French Language
9 3 (15.79%) MiFID
10 2 (10.53%) EMIR
10 2 (10.53%) Dodd-Frank
10 2 (10.53%) Business Analysis
10 2 (10.53%) Fidessa
11 1 (5.26%) SunGard
11 1 (5.26%) Foreign Exchange (FX)
11 1 (5.26%) C++
11 1 (5.26%) Java
11 1 (5.26%) PL/SQL
11 1 (5.26%) Linux
11 1 (5.26%) OO

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 (5.26%) Oracle Coherence
Business Applications
1 1 (5.26%) Global One
1 1 (5.26%) SunGard Martini
Database & Business Intelligence
1 10 (52.63%) Relational Database
2 1 (5.26%) InterSystems Cache
2 1 (5.26%) OLAP
2 1 (5.26%) RDBMS
General
1 8 (42.11%) Banking
2 7 (36.84%) Back Office
3 6 (31.58%) Investment Banking
4 4 (21.05%) Finance
4 4 (21.05%) Front Office
5 3 (15.79%) French Language
Job Titles
1 13 (68.42%) Analyst
2 7 (36.84%) Support Analyst
3 6 (31.58%) Applications Support
4 4 (21.05%) Business Analyst
4 4 (21.05%) Business Support Analyst
5 3 (15.79%) Applications Support Analyst
5 3 (15.79%) Murex Analyst
5 3 (15.79%) Murex Support
5 3 (15.79%) Murex Support Analyst
5 3 (15.79%) SQL Analyst
5 3 (15.79%) SQL Support Analyst
6 2 (10.53%) Banking Analyst
6 2 (10.53%) Derivatives Business Analyst
6 2 (10.53%) Equity Derivatives Business Analyst
6 2 (10.53%) Risk Analyst
7 1 (5.26%) Business Manager
7 1 (5.26%) Business Project Manager
7 1 (5.26%) IT Support Analyst
7 1 (5.26%) Programme Manager
7 1 (5.26%) Project Analyst
Libraries, Frameworks & Software Standards
1 1 (5.26%) ActiveMQ
1 1 (5.26%) FIX Protocol
1 1 (5.26%) Hibernate
1 1 (5.26%) JMS
1 1 (5.26%) JPA
1 1 (5.26%) Spring
1 1 (5.26%) Spring Integration
1 1 (5.26%) Web Services
Miscellaneous
1 5 (26.32%) Market Risk
2 4 (21.05%) Derivative
2 4 (21.05%) Equity Derivative
3 3 (15.79%) Equities
4 1 (5.26%) Analytical Skills
4 1 (5.26%) Enterprise Software
4 1 (5.26%) Fixed Income
4 1 (5.26%) Foreign Exchange (FX)
4 1 (5.26%) Mathematics
Operating Systems
1 10 (52.63%) Windows
2 1 (5.26%) Linux
Processes & Methodologies
1 8 (42.11%) Risk Management
2 7 (36.84%) Release Management
3 2 (10.53%) Business Analysis
4 1 (5.26%) Analytics
4 1 (5.26%) Electronic Trading
4 1 (5.26%) OO
4 1 (5.26%) Process Management
4 1 (5.26%) Programme Management
4 1 (5.26%) Regression Testing
4 1 (5.26%) TDD
4 1 (5.26%) Test Automation
4 1 (5.26%) Validation
Programming Languages
1 12 (63.16%) SQL
2 10 (52.63%) PowerShell
3 1 (5.26%) C++
3 1 (5.26%) Java
3 1 (5.26%) PL/SQL
Qualifications
1 1 (5.26%) Degree
Quality Assurance & Compliance
1 3 (15.79%) MiFID
2 2 (10.53%) Dodd-Frank
2 2 (10.53%) EMIR
Vendors
1 11 (57.89%) Murex
2 10 (52.63%) Calypso
3 2 (10.53%) Fidessa
4 1 (5.26%) Oracle
4 1 (5.26%) SunGard