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 6 December 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
6 Dec 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 407 395 395
Rank change year-on-year
-12 0
Contract jobs citing Summit 24 34 34
As % of all contract IT jobs located in London 0.11% 0.15% 0.14%
As % of the Business Applications category 1.39% 1.91% 1.57%
Number of daily rates quoted 18 12 23
Median daily rate £500 £475 £530
Median daily rate % change year-on-year
+5.26% -10.37%
90% offered a daily rate of more than £400 £275 £355
10% offered a daily rate of more than £673 £743 £595
UK excluding London median daily rate £538 - -
Number of hourly rates quoted 0 1 0
Median hourly rate - £25.00 -
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
1727 1778 2161
As % of all contract IT jobs located in London 7.84% 7.96% 9.17%
Number of daily rates quoted 1212 1059 1443
Median daily rate £475 £450 £450
Median daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £335 £313 £300
10% offered a daily rate of more than £650 £600 £625
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 12 19 8
Median hourly rate £15.00 £23.13 £40.13
Median hourly rate % change year-on-year
-35.14% -42.35%
90% offered a hourly rate of more than £5.00 £17.50 £13.05
10% offered a hourly rate of more than £89.75 £87.25 £106.50
UK excluding London median hourly rate £23.00 £39.00 £21.09
% change year-on-year
-41.02% +84.96%

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 6 December 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 6 December 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 +2 5 £525 -22.22%
Summit
England

Summit
Top 30 Related IT Skills in London

For the 6 months to 6 December 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 31 (79.49%) Murex
2 23 (58.97%) Front Office
3 22 (56.41%) Finance
4 19 (48.72%) Banking
5 17 (43.59%) Derivative
6 16 (41.03%) Foreign Exchange (FX)
7 15 (38.46%) Unix
8 14 (35.90%) SQL
8 14 (35.90%) Calypso
9 10 (25.64%) Windows
9 10 (25.64%) Risk Management
10 9 (23.08%) Business Analysis
11 8 (20.51%) Fixed Income
12 7 (17.95%) Oracle
12 7 (17.95%) Perl
13 6 (15.38%) Agile Software Development
13 6 (15.38%) ION Trading
13 6 (15.38%) Investment Banking
13 6 (15.38%) MiFID
13 6 (15.38%) User Acceptance Testing
13 6 (15.38%) Oracle General Ledger
13 6 (15.38%) Windows Server
14 5 (12.82%) QA
14 5 (12.82%) Control-M
14 5 (12.82%) IIS
14 5 (12.82%) Java
14 5 (12.82%) Stakeholder Management
15 4 (10.26%) IBM
15 4 (10.26%) Bloomberg
15 4 (10.26%) Project Management

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 5 (12.82%) IIS
Applications
1 2 (5.13%) MS Excel
1 2 (5.13%) MS PowerPoint
1 2 (5.13%) MS Project
1 2 (5.13%) MS Visio
2 1 (2.56%) MS Office
Business Applications
1 6 (15.38%) Oracle General Ledger
2 2 (5.13%) Orchestrade
3 1 (2.56%) Oracle Cash Management
Database & Business Intelligence
1 3 (7.69%) KDB
Development Applications
1 4 (10.26%) JIRA
2 2 (5.13%) Eclipse
General
1 23 (58.97%) Front Office
2 22 (56.41%) Finance
3 19 (48.72%) Banking
4 6 (15.38%) Investment Banking
5 3 (7.69%) Financial Institution
5 3 (7.69%) Retail
6 1 (2.56%) French Language
6 1 (2.56%) Legal
Job Titles
1 17 (43.59%) Analyst
2 14 (35.90%) Business Analyst
3 11 (28.21%) Developer
4 4 (10.26%) Lead Business Analyst
4 4 (10.26%) Project Manager
4 4 (10.26%) Support Analyst
5 3 (7.69%) Business IT Analyst
5 3 (7.69%) IT Analyst
5 3 (7.69%) IT Business Analyst
5 3 (7.69%) IT Manager
5 3 (7.69%) IT Project Manager
5 3 (7.69%) Java Developer
5 3 (7.69%) Murex Support
5 3 (7.69%) Summit Developer
5 3 (7.69%) Systems Support
6 2 (5.13%) Applications Support
6 2 (5.13%) Data Business Analyst
6 2 (5.13%) MiFID Business Analyst
6 2 (5.13%) Risk Manager
6 2 (5.13%) Systems Analyst
Libraries, Frameworks & Software Standards
1 2 (5.13%) Spring
2 1 (2.56%) .NET
2 1 (2.56%) CORBA
2 1 (2.56%) STL
Miscellaneous
1 17 (43.59%) Derivative
2 16 (41.03%) Foreign Exchange (FX)
3 8 (20.51%) Fixed Income
4 4 (10.26%) Credit Derivative
4 4 (10.26%) Market Risk
5 2 (5.13%) Analytical Skills
5 2 (5.13%) Data Structures
6 1 (2.56%) Equities
6 1 (2.56%) Hedge funds
6 1 (2.56%) Replication
6 1 (2.56%) SWIFT
Operating Systems
1 15 (38.46%) Unix
2 10 (25.64%) Windows
3 6 (15.38%) Windows Server
4 2 (5.13%) Linux
Processes & Methodologies
1 10 (25.64%) Risk Management
2 9 (23.08%) Business Analysis
3 6 (15.38%) Agile Software Development
3 6 (15.38%) User Acceptance Testing
4 5 (12.82%) Stakeholder Management
5 4 (10.26%) Algorithmic Trading
5 4 (10.26%) Collateral Management
5 4 (10.26%) Data Analysis
5 4 (10.26%) Electronic Trading
5 4 (10.26%) Project Management
6 3 (7.69%) Migration
6 3 (7.69%) Multithreading
7 2 (5.13%) Cash Management
7 2 (5.13%) Data Architecture
7 2 (5.13%) Data Cleansing
7 2 (5.13%) OOP
7 2 (5.13%) Project Governance
7 2 (5.13%) Translating Business Requirements
7 2 (5.13%) Unit Testing
7 2 (5.13%) Waterfall
Programming Languages
1 14 (35.90%) SQL
2 7 (17.95%) Perl
3 5 (12.82%) Java
4 3 (7.69%) C#
4 3 (7.69%) C++
4 3 (7.69%) VBA
5 2 (5.13%) C
5 2 (5.13%) Shell Script
Qualifications
1 4 (10.26%) Degree
Quality Assurance & Compliance
1 6 (15.38%) MiFID
2 5 (12.82%) QA
3 4 (10.26%) EMIR
3 4 (10.26%) FATCA
System Software
1 1 (2.56%) Tivoli Workload Scheduler
Systems Management
1 5 (12.82%) Control-M
2 1 (2.56%) Tivoli
Vendors
1 31 (79.49%) Murex
2 14 (35.90%) Calypso
3 7 (17.95%) Oracle
4 6 (15.38%) ION Trading
5 4 (10.26%) Bloomberg
5 4 (10.26%) IBM
6 2 (5.13%) Sophis
6 2 (5.13%) TIBCO
6 2 (5.13%) Tradeweb
7 1 (2.56%) Yolus