The table below looks at the statistics for Summit skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Summit over the 3 months to 26 June 2016 with a comparison to the same period over 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.

3 months to
26 Jun 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 413 409 414
Rank change year-on-year
-4 +5
Contract jobs citing Summit 7 27 9
As % of all contract IT jobs located in London 0.033% 0.12% 0.039%
As % of the Business Applications category 0.46% 1.36% 0.42%
Number of daily rates quoted 7 14 6
Median daily rate £675 £563 £544
Median daily rate % change year-on-year
+20.00% +3.44%
UK excluding London median daily rate £363 £458 £563
% change year-on-year
-20.76% -18.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Summit
England

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the London region.

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
1511 1983 2154
As % of all contract IT jobs located in London 7.08% 8.51% 9.24%
Number of daily rates quoted 1021 1252 1325
Median daily rate £450 £475 £450
Median daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £300 £313 £325
10% offered a daily rate of more than £600 £625 £625
UK excluding London median daily rate £425 £413 £400
% change year-on-year
+3.03% +3.12%
Number of hourly rates quoted 9 15 5
Median hourly rate £22.00 £18.00 £32.03
Median hourly rate % change year-on-year
+22.22% -43.80%
90% offered a hourly rate of more than £16.75 £18.00 £20.80
10% offered a hourly rate of more than £42.33 £40.00 £54.60
UK excluding London median hourly rate £35.00 £22.50 £31.50
% change year-on-year
+55.55% -28.57%

Summit
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Summit as a proportion of all IT contracts with a match in the Business Applications category.

Summit Jobs Demand Trend in London

Summit
Daily Rate Trend in London

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

Summit Daily Rate Trend in London

Summit
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Summit across the London region over the 3 months to 26 June 2016.

Summit Daily Rate Histogram in London

Summit
Hourly Rate Trend in London

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

Summit Hourly Rate Trend in London

Summit
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 Summit within the London region over the 3 months to 26 June 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
City of London +38 1 £575 -14.81% 10
Summit
England

Summit
Top 30 Related IT Skills in London

For the 6 months to 26 June 2016, IT contractor jobs citing Summit 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 Summit.

1 25 (78.13%) Murex
2 24 (75.00%) Calypso
3 14 (43.75%) Banking
4 12 (37.50%) EMIR
5 11 (34.38%) Investment Banking
6 10 (31.25%) MiFID
7 9 (28.13%) Derivative
7 9 (28.13%) Java
8 8 (25.00%) Foreign Exchange (FX)
8 8 (25.00%) Back Office
9 7 (21.88%) Algorithmic Trading
9 7 (21.88%) Market Risk
9 7 (21.88%) Hedge funds
9 7 (21.88%) AIFMD
9 7 (21.88%) SQL
10 6 (18.75%) Retail
10 6 (18.75%) Finance
10 6 (18.75%) Stakeholder Management
11 5 (15.63%) Migration
11 5 (15.63%) Fidessa
11 5 (15.63%) OTC Derivatives
12 4 (12.50%) Dodd-Frank
12 4 (12.50%) PRINCE2
12 4 (12.50%) Agile Software Development
12 4 (12.50%) Front Office
13 3 (9.38%) Fixed Income
13 3 (9.38%) Unix
13 3 (9.38%) Data Warehouse
13 3 (9.38%) XML
13 3 (9.38%) SDLC

Summit
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 (3.13%) Cloud Foundry
1 1 (3.13%) OpenStack
Applications
1 1 (3.13%) MS Excel
1 1 (3.13%) MS Office
1 1 (3.13%) MS PowerPoint
1 1 (3.13%) MS Project
Cloud Services
1 1 (3.13%) Amazon AWS
1 1 (3.13%) Heroku
1 1 (3.13%) Microsoft Azure
1 1 (3.13%) PaaS
Database & Business Intelligence
1 3 (9.38%) Data Warehouse
2 1 (3.13%) Apache Cassandra
2 1 (3.13%) Data Mart
2 1 (3.13%) Oracle Database
2 1 (3.13%) Redis
Development Applications
1 1 (3.13%) JIRA
General
1 14 (43.75%) Banking
2 11 (34.38%) Investment Banking
3 8 (25.00%) Back Office
4 6 (18.75%) Finance
4 6 (18.75%) Retail
5 4 (12.50%) Front Office
6 1 (3.13%) Financial Institution
6 1 (3.13%) Legal
6 1 (3.13%) Manufacturing
6 1 (3.13%) Telecoms
Job Titles
1 13 (40.63%) Analyst
2 11 (34.38%) Business Analyst
3 9 (28.13%) Project Manager
4 8 (25.00%) Investment Banking Business Analyst
4 8 (25.00%) Report Analyst
5 7 (21.88%) Banking Analyst
5 7 (21.88%) Regulatory Business Analyst
5 7 (21.88%) Regulatory Reporting Business Analyst
6 6 (18.75%) Developer
7 5 (15.63%) Investment Banking Project Manager
7 5 (15.63%) Java Developer
7 5 (15.63%) Lead Developer
7 5 (15.63%) Lead Java Developer
8 2 (6.25%) Derivatives Project Manager
8 2 (6.25%) Murex Project Manager
8 2 (6.25%) Murex Support
8 2 (6.25%) Support Analyst
9 1 (3.13%) Market Data Analyst
9 1 (3.13%) Murex Analyst
9 1 (3.13%) Murex Consultant
Libraries, Frameworks & Software Standards
1 3 (9.38%) XML
2 2 (6.25%) JMS
3 1 (3.13%) .NET
3 1 (3.13%) FpML
3 1 (3.13%) Murex MxML
3 1 (3.13%) RabbitMQ
3 1 (3.13%) Web Services
Miscellaneous
1 9 (28.13%) Derivative
2 8 (25.00%) Foreign Exchange (FX)
3 7 (21.88%) Hedge funds
3 7 (21.88%) Market Risk
4 5 (15.63%) OTC Derivatives
5 3 (9.38%) Fixed Income
6 1 (3.13%) Analytical Skills
6 1 (3.13%) Interest Rate Derivative
6 1 (3.13%) User Experience
Operating Systems
1 3 (9.38%) Unix
2 2 (6.25%) Windows
Processes & Methodologies
1 7 (21.88%) Algorithmic Trading
2 6 (18.75%) Stakeholder Management
3 5 (15.63%) Migration
4 4 (12.50%) Agile Software Development
4 4 (12.50%) PRINCE2
5 3 (9.38%) SDLC
6 2 (6.25%) Business Analysis
6 2 (6.25%) Change Management
6 2 (6.25%) Programme Management
7 1 (3.13%) Collateral Management
7 1 (3.13%) Incident Management
7 1 (3.13%) Integration Testing
7 1 (3.13%) ITIL
7 1 (3.13%) Project Management
7 1 (3.13%) Release Management
7 1 (3.13%) Requirements Analysis
7 1 (3.13%) Risk Management
7 1 (3.13%) Software Engineering
7 1 (3.13%) TDD
7 1 (3.13%) User Acceptance Testing
Programming Languages
1 9 (28.13%) Java
2 7 (21.88%) SQL
3 1 (3.13%) Bash Shell
3 1 (3.13%) Go
3 1 (3.13%) Ruby
Qualifications
1 1 (3.13%) Degree
Quality Assurance & Compliance
1 12 (37.50%) EMIR
2 10 (31.25%) MiFID
3 7 (21.88%) AIFMD
4 4 (12.50%) Dodd-Frank
5 2 (6.25%) SLA
6 1 (3.13%) FATCA
System Software
1 1 (3.13%) vSphere
Vendors
1 25 (78.13%) Murex
2 24 (75.00%) Calypso
3 5 (15.63%) Fidessa
4 2 (6.25%) Oracle
5 1 (3.13%) Bloomberg
5 1 (3.13%) IBM
5 1 (3.13%) Misys
5 1 (3.13%) Reuters
City, London
Harvey Nash plc
Rate: £700 - £750 per day
Posted: 6 days ago