Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the demand for Summit skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Summit over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all of the Business Applications category for the London region.

 Misys Summit
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank178231176
Rank change year-on-year
Up+53Down-55
Matching contract IT job ads22868326
As % of all contract IT jobs located in London0.880 %0.412 %0.890 %
As % of the Business Applications category11.29 %4.632 %12.05 %
Daily rates quoted12623157
Average daily rate£550£450£650
Average daily rate % change year-on-year
+22.22 %-30.76 %
90% of contracts offered a daily rate of more than£450£330£550
10% of contracts offered a daily rate of more than£663£600£800
UK excluding London average daily rate£255£230£300
% change year-on-year
+10.86 %-23.33 %
Hourly rates quoted112
Average hourly rate£37.50£42.50£85.00
Average hourly rate % change year-on-year
-11.76 %-50.00 %
UK excluding London average hourly rate£30.50£18.91£16.50
% change year-on-year
+61.29 %+14.60 %
London IT Contractor Job Market, Business Applications CategoryAll Business Applications
London
Contract IT job ads with a match in the
Business Applications category
201914682706
As % of all contract IT jobs located in London7.794 %8.893 %7.384 %
Daily rates quoted960546883
Average daily rate£475£450£500
Average daily rate % change year-on-year
+5.550 %-10.00 %
90% of contracts offered a daily rate of more than£323£300£350
10% of contracts offered a daily rate of more than£625£640£675
UK excluding London average daily rate£400£425£450
% change year-on-year
-5.880 %-5.550 %
Hourly rates quoted342144
Average hourly rate£34.00£30.00£32.50
Average hourly rate % change year-on-year
+13.33 %-7.690 %
90% of contracts offered a hourly rate of more than£18.97£22.50£17.80
10% of contracts offered a hourly rate of more than£44.00£69.00£66.83
UK excluding London average hourly rate£31.50£20.50£25.00
% change year-on-year
+53.65 %-18.00 %
Summit EnglandSummit
England

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.

Summit
Demand Trend

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

London Summit Demand Trend

Summit
Daily Rate Trend

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

London Summit Daily Rate Trend

Summit
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Summit across the London region over the 3 months to 19 March 2010.

London Summit Daily Rate Histogram

Summit
Hourly Rate Trend

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

London Summit Hourly Rate Trend

Summit
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Summit within the London region over the 3 months to 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
City of LondonDown-1681£550+37.50 %
Canary WharfNew entry-9--
Docklands, LondonDown-35--
Summit EnglandSummit
England

Summit
Top 30 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs across the London region citing Summit 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 Summit.

1170 (48.16 %)Banking
2125 (35.41 %)Derivative
3113 (32.01 %)Investment Banking
4110 (31.16 %)C++
5100 (28.33 %)UNIX
688 (24.93 %)SQL
787 (24.65 %)Finance
881 (22.95 %)Front Office
881 (22.95 %)Sybase
972 (20.40 %)Back Office
1063 (17.85 %)Migration
1155 (15.58 %)Business Analysis
1251 (14.45 %)Murex
1348 (13.60 %)Fixed Income
1442 (11.90 %)Foreign Exchange (FX)
1540 (11.33 %)Project Management
1639 (11.05 %)C
1737 (10.48 %)Oracle
1834 (9.632 %)Interest Rate Derivative
1930 (8.499 %)Calypso
2029 (8.215 %)User Acceptance Testing
2127 (7.649 %)Java
2127 (7.649 %)Equity Derivative
2224 (6.799 %)Credit Derivative
2321 (5.949 %)RDBMS
2419 (5.382 %)Windows
2419 (5.382 %)Shell Script
2518 (5.099 %)SQL Server
2617 (4.816 %)XML
2617 (4.816 %)Risk Management

Summit
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs across the London region citing Summit 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 Summit. Up to 20 skills are shown per category.

London IT Contractor Job Market, Application Development CategoryApplication Development
117 (4.816 %)XML
212 (3.399 %)XML Messaging
310 (2.833 %)JSP
310 (2.833 %).NET
47 (1.983 %)FpML
56 (1.700 %)XSL
65 (1.416 %)CORBA
74 (1.133 %)Middleware
83 (0.850 %)Spring
92 (0.567 %)Hibernate
92 (0.567 %)WinForms
92 (0.567 %)MDX
92 (0.567 %)J2EE
92 (0.567 %)Web Services
101 (0.283 %)DOM
101 (0.283 %)ASP
101 (0.283 %)ASP.NET
101 (0.283 %)JDBC
101 (0.283 %)XSLT
101 (0.283 %)J2SE
London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
13 (0.850 %)MQSeries
22 (0.567 %)MS Exchange
31 (0.283 %)WebLogic
London IT Contractor Job Market, Applications CategoryApplications
18 (2.266 %)MS Office
24 (1.133 %)MS Excel
32 (0.567 %)MS Project
32 (0.567 %)Spreadsheet
41 (0.283 %)MS Visio
London IT Contractor Job Market, Business Applications CategoryBusiness Applications
14 (1.133 %)SAP FI-GL
23 (0.850 %)SunGard GMI
23 (0.850 %)Loan IQ
23 (0.850 %)SAP Bank Analyzer
32 (0.567 %)Front Arena
41 (0.283 %)Murex MxG2000
41 (0.283 %)Adaptiv
41 (0.283 %)Global One
London IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
11 (0.283 %)VRRP
11 (0.283 %)MPLS
11 (0.283 %)VPN
11 (0.283 %)VLAN
London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
121 (5.949 %)RDBMS
218 (5.099 %)SQL Server
39 (2.550 %)BusinessObjects
48 (2.266 %)Oracle 10g
56 (1.700 %)Oracle 8/8i
56 (1.700 %)ETL
65 (1.416 %)Sybase ASE
74 (1.133 %)MS Access
74 (1.133 %)Datawarehouse
74 (1.133 %)SQL Server Analysis Services
83 (0.850 %)Data Cleansing
83 (0.850 %)SQL Server Reporting Services
83 (0.850 %)SQL Server Integration Services
92 (0.567 %)SQL Server 2005
92 (0.567 %)Reference Data
101 (0.283 %)OLAP
101 (0.283 %)Data Mining
101 (0.283 %)Microsoft Analysis Services
101 (0.283 %)Data Mart
101 (0.283 %)Sybase IQ
London IT Contractor Job Market, Development Applications CategoryDevelopment Applications
13 (0.850 %)ERwin
22 (0.567 %)Ant
22 (0.567 %)TestDirector
31 (0.283 %)ClearQuest
31 (0.283 %)JUnit
31 (0.283 %)Eclipse
31 (0.283 %)ClearCase
31 (0.283 %)Subversion
London IT Contractor Job Market, General CategoryGeneral
1170 (48.16 %)Banking
2113 (32.01 %)Investment Banking
387 (24.65 %)Finance
481 (22.95 %)Front Office
572 (20.40 %)Back Office
66 (1.700 %)General Ledger
75 (1.416 %)Financial Institution
83 (0.850 %)Retail
92 (0.567 %)Education
101 (0.283 %)Law
London IT Contractor Job Market, Job Titles CategoryJob Titles
1137 (38.81 %)Analyst
2120 (33.99 %)Developer
3105 (29.75 %)Business Analyst
460 (17.00 %)Summit Developer
555 (15.58 %)Summit Business Analyst
643 (12.18 %)Project Manager
738 (10.76 %)C++ Developer
813 (3.683 %)Programme Manager
912 (3.399 %)Senior Analyst
1011 (3.116 %)Support Analyst
1110 (2.833 %)Senior Business Analyst
129 (2.550 %)Investment Banking Business Analyst
138 (2.266 %)Business Manager
138 (2.266 %)Senior Developer
138 (2.266 %)Consultant
147 (1.983 %)DBA
147 (1.983 %)Business Project Manager
147 (1.983 %)Summit Support Analyst
147 (1.983 %)Oracle DBA
156 (1.700 %)Architect
London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
1125 (35.41 %)Derivative
248 (13.60 %)Fixed Income
342 (11.90 %)Foreign Exchange (FX)
434 (9.632 %)Interest Rate Derivative
527 (7.649 %)Equity Derivative
624 (6.799 %)Credit Derivative
79 (2.550 %)Exotic Derivative
79 (2.550 %)Market Risk
86 (1.700 %)Data Conversion
95 (1.416 %)Mathematics
104 (1.133 %)Equities
104 (1.133 %)STB
113 (0.850 %)Credit Risk
113 (0.850 %)DTCC
113 (0.850 %)Computer Science
121 (0.283 %)Data Integration
121 (0.283 %)Contract for Difference
121 (0.283 %)Dutch Language
121 (0.283 %)Swaptions
121 (0.283 %)Clustering
London IT Contractor Job Market, Operating Systems CategoryOperating Systems
1100 (28.33 %)UNIX
219 (5.382 %)Windows
38 (2.266 %)Solaris
42 (0.567 %)Linux
42 (0.567 %)Windows XP
42 (0.567 %)Windows Server 2003
London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
163 (17.85 %)Migration
255 (15.58 %)Business Analysis
340 (11.33 %)Project Management
429 (8.215 %)User Acceptance Testing
517 (4.816 %)Risk Management
614 (3.966 %)Data Migration
713 (3.683 %)Data Analysis
811 (3.116 %)Data Modelling
811 (3.116 %)GAP Analysis
98 (2.266 %)Software Architecture
107 (1.983 %)Requirements Analysis
115 (1.416 %)Unit Testing
115 (1.416 %)Business Intelligence
115 (1.416 %)Systems Analysis
115 (1.416 %)Stakeholder Management
124 (1.133 %)Workflow
124 (1.133 %)ITIL
124 (1.133 %)PRINCE2
124 (1.133 %)Risk Analysis
133 (0.850 %)System Testing
London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
1110 (31.16 %)C++
288 (24.93 %)SQL
339 (11.05 %)C
427 (7.649 %)Java
519 (5.382 %)Shell Script
616 (4.533 %)VB
712 (3.399 %)T-SQL
712 (3.399 %)Perl
87 (1.983 %)VBA
96 (1.700 %)C#
103 (0.850 %)Korn
112 (0.567 %)PHP
121 (0.283 %)VBScript
121 (0.283 %)PL/SQL
121 (0.283 %)Delphi
London IT Contractor Job Market, Qualifications CategoryQualifications
111 (3.116 %)Degree
23 (0.850 %)ISEB
32 (0.567 %)ITIL Certification
41 (0.283 %)PRINCE2 Certification
London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
18 (2.266 %)QA
24 (1.133 %)Sarbanes-Oxley
32 (0.567 %)SLA
41 (0.283 %)Basel II
41 (0.283 %)IAS 39
London IT Contractor Job Market, System Software CategorySystem Software
15 (1.416 %)Oracle RMAN
24 (1.133 %)Tivoli Workload Scheduler
31 (0.283 %)Veritas Cluster Server
London IT Contractor Job Market, Systems Management CategorySystems Management
16 (1.700 %)AutoSys
25 (1.416 %)Data Guard
34 (1.133 %)CONTROL-M
34 (1.133 %)Tivoli
41 (0.283 %)HP Quality Center
41 (0.283 %)NetBackup
London IT Contractor Job Market, Vendors CategoryVendors
181 (22.95 %)Sybase
251 (14.45 %)Murex
337 (10.48 %)Oracle
430 (8.499 %)Calypso
515 (4.249 %)Misys
613 (3.683 %)Bloomberg
711 (3.116 %)SAP
711 (3.116 %)Sophis
89 (2.550 %)Business Objects
96 (1.700 %)Fidessa
104 (1.133 %)SunGard
113 (0.850 %)Temenos
113 (0.850 %)Informatica
113 (0.850 %)GoldenSource
113 (0.850 %)Accenture
122 (0.567 %)Cognos
122 (0.567 %)BearingPoint
122 (0.567 %)Wall Street Systems
131 (0.283 %)Veritas
131 (0.283 %)Citrix