The first 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 28 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Business Applications category for the London region.

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.

Location
3 months to
28 Jul 2014
Same period 2013 Same period 2012
Misys Summit
Rank 381 347 366
Rank change year-on-year
-34 +19
Contract jobs citing Summit 18 65 57
As % of all contract IT jobs located in London 0.076% 0.27% 0.22%
As % of the Business Applications category 0.85% 3.11% 2.38%
Number of daily rates quoted 9 46 47
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£545 £600 £475
Average daily rate % change year-on-year
-9.16% +26.31%
90% offered a daily rate of more than £425 £358 £278
10% offered a daily rate of more than £597 £813 £810
UK excluding London average daily rate £425 £350 £323
% change year-on-year
+21.42% +8.52%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £19.52
UK excluding London average hourly rate £19.50 £17.23 -
% change year-on-year
+13.20% -
Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
2118 2093 2394
As % of all contract IT jobs located in London 8.98% 8.63% 9.08%
Number of daily rates quoted 1235 1267 1351
Average daily rate £463 £450 £475
Average daily rate % change year-on-year
+2.77% -5.26%
90% offered a daily rate of more than £300 £313 £300
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £425 £413 £438
% change year-on-year
+3.03% -5.71%
Number of hourly rates quoted 7 19 16
Average hourly rate £32.03 £19.00 £42.78
Average hourly rate % change year-on-year
+68.57% -55.58%
90% offered a hourly rate of more than £18.45 £12.50 £22.32
10% offered a hourly rate of more than £61.45 £39.51 £62.95
UK excluding London average hourly rate £31.50 £27.50 £32.50
% change year-on-year
+14.54% -15.38%
Summit
England

Summit
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Summit across the London region as a proportion of the total demand within 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 28 July 2014.

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 average contractor rates quoted in IT jobs citing Summit within the London region over the 3 months to 28 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank 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
Live
Job
Vacancies
City of London -17 4 £523 -12.91% 2
Summit
England

Summit
Top 30 Related IT Skills in London

For the 6 months to 28 July 2014, 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.

1 13 (37.14%) SQL
1 13 (37.14%) Murex
1 13 (37.14%) Banking
2 12 (34.29%) Front Office
3 10 (28.57%) Investment Banking
3 10 (28.57%) Finance
4 8 (22.86%) Foreign Exchange (FX)
4 8 (22.86%) Analytics
5 7 (20.00%) Risk Management
5 7 (20.00%) Migration
5 7 (20.00%) Derivative
6 6 (17.14%) Workflow
7 5 (14.29%) Credit Risk
7 5 (14.29%) Business Analysis
7 5 (14.29%) ISO 14001
7 5 (14.29%) ISO 9001
7 5 (14.29%) Project Management
7 5 (14.29%) UNIX
7 5 (14.29%) Calypso
8 4 (11.43%) C++
8 4 (11.43%) Fixed Income
8 4 (11.43%) Test Management
9 3 (8.57%) Market Risk
9 3 (8.57%) User Acceptance Testing
9 3 (8.57%) Sophis
9 3 (8.57%) Agile Software Development
9 3 (8.57%) Data Management
9 3 (8.57%) VB
9 3 (8.57%) Sybase
9 3 (8.57%) XML

Summit
Top Related IT Skills in London by Category

For the 6 months to 28 July 2014, 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.

Applications
1 2 (5.71%) MS Project
1 2 (5.71%) MS Office
1 2 (5.71%) Spreadsheet
2 1 (2.86%) MS Excel
2 1 (2.86%) MS Visio
2 1 (2.86%) MS PowerPoint
Communications & Networking
1 1 (2.86%) 3GPP
1 1 (2.86%) Internet
1 1 (2.86%) Wireless
1 1 (2.86%) LTE
1 1 (2.86%) 4G
1 1 (2.86%) Radio Access Network
1 1 (2.86%) VoLTE
Database & Business Intelligence
1 2 (5.71%) Data Mart
1 2 (5.71%) Data Mining
1 2 (5.71%) Oracle Database
2 1 (2.86%) MySQL
2 1 (2.86%) PostgreSQL
2 1 (2.86%) MongoDB
2 1 (2.86%) Apache Cassandra
2 1 (2.86%) NoSQL
General
1 13 (37.14%) Banking
2 12 (34.29%) Front Office
3 10 (28.57%) Finance
3 10 (28.57%) Investment Banking
4 2 (5.71%) Publishing
4 2 (5.71%) Back Office
5 1 (2.86%) Telecoms
5 1 (2.86%) Financial Institution
Job Titles
1 13 (37.14%) Analyst
2 5 (14.29%) Test Manager
2 5 (14.29%) Business Analyst
3 4 (11.43%) Consultant
4 3 (8.57%) Senior Analyst
4 3 (8.57%) Architect
4 3 (8.57%) Quantitative Analyst
5 2 (5.71%) Oracle DBA
5 2 (5.71%) Technical Specialist
5 2 (5.71%) Senior Technical Specialist
5 2 (5.71%) Project Manager
5 2 (5.71%) Trainer
5 2 (5.71%) Developer
5 2 (5.71%) Administrator
5 2 (5.71%) DBA
5 2 (5.71%) Murex Specialist
6 1 (2.86%) Murex Support
6 1 (2.86%) Murex Analyst
6 1 (2.86%) Applications Developer
6 1 (2.86%) Senior Manager
Libraries, Frameworks & Software Standards
1 3 (8.57%) XML
2 2 (5.71%) XSLT
2 2 (5.71%) HTML
2 2 (5.71%) CSS
2 2 (5.71%) Murex Flex
2 2 (5.71%) Murex MxML
3 1 (2.86%) HTML5
3 1 (2.86%) REST
3 1 (2.86%) CSS3
3 1 (2.86%) Play Framework
3 1 (2.86%) Django
3 1 (2.86%) Web Services
3 1 (2.86%) FpML
3 1 (2.86%) Ajax
3 1 (2.86%) Ruby on Rails
3 1 (2.86%) JSON
Miscellaneous
1 8 (22.86%) Foreign Exchange (FX)
2 7 (20.00%) Derivative
3 5 (14.29%) Credit Risk
4 4 (11.43%) Fixed Income
5 3 (8.57%) Market Risk
6 2 (5.71%) Open Source
6 2 (5.71%) Energy Derivatives
7 1 (2.86%) DTCC
7 1 (2.86%) Computer Science
7 1 (2.86%) Interest Rate Derivative
7 1 (2.86%) CESG
7 1 (2.86%) Credit Derivative
Operating Systems
1 5 (14.29%) UNIX
2 3 (8.57%) Windows
3 1 (2.86%) Linux
Processes & Methodologies
1 8 (22.86%) Analytics
2 7 (20.00%) Risk Management
2 7 (20.00%) Migration
3 6 (17.14%) Workflow
4 5 (14.29%) Project Management
4 5 (14.29%) Business Analysis
5 4 (11.43%) Test Management
6 3 (8.57%) User Acceptance Testing
6 3 (8.57%) Data Management
6 3 (8.57%) Agile Software Development
6 3 (8.57%) PRINCE2
7 2 (5.71%) E-Commerce
7 2 (5.71%) Service Delivery
7 2 (5.71%) Validation
7 2 (5.71%) Stakeholder Management
7 2 (5.71%) Test Strategy
8 1 (2.86%) Customer Insight
8 1 (2.86%) Agile Project Management
8 1 (2.86%) User Stories
8 1 (2.86%) Kanban
Programming Languages
1 13 (37.14%) SQL
2 4 (11.43%) C++
3 3 (8.57%) VB
4 2 (5.71%) VBA
5 1 (2.86%) Ruby
5 1 (2.86%) Scala
5 1 (2.86%) C
5 1 (2.86%) C#
Qualifications
1 2 (5.71%) ISEB
1 2 (5.71%) PRINCE2 Certification
1 2 (5.71%) ISTQB
1 2 (5.71%) Degree
1 2 (5.71%) SC Cleared
1 2 (5.71%) Security Cleared
2 1 (2.86%) PMP
2 1 (2.86%) PMI Certification
Quality Assurance & Compliance
1 5 (14.29%) ISO 9001
1 5 (14.29%) ISO 14001
2 2 (5.71%) EMIR
3 1 (2.86%) Dodd-Frank
Systems Management
1 2 (5.71%) HP Quality Center
Vendors
1 13 (37.14%) Murex
2 5 (14.29%) Calypso
3 3 (8.57%) Sybase
3 3 (8.57%) Sophis
4 2 (5.71%) Oracle
4 2 (5.71%) HP
5 1 (2.86%) Ericsson
5 1 (2.86%) Motorola
5 1 (2.86%) Microsoft
5 1 (2.86%) Misys
5 1 (2.86%) Huawei
5 1 (2.86%) ZTE
5 1 (2.86%) Nokia Solutions and Networks
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