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 24 February 2017 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
24 Feb 2017
Same period 2016 Same period 2015
Misys FusionCapital Summit
England / London
Rank 384 394 392
Rank change year-on-year
+10 -2
Contract jobs citing Summit 13 26 24
As % of all contract IT jobs located in London 0.067% 0.12% 0.11%
As % of the Business Applications category 0.83% 1.53% 1.20%
Number of daily rates quoted 12 6 20
Median daily rate £538 £550 £563
Median daily rate % change year-on-year
-2.27% -2.22%
90% offered a daily rate of more than £464 £388 £525
10% offered a daily rate of more than £600 £640 £655
UK excluding London median daily rate - £413 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1568 1696 1999
As % of all contract IT jobs located in London 8.09% 7.91% 9.35%
Number of daily rates quoted 1079 1060 1271
Median daily rate £475 £450 £475
Median daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £338 £310 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £450 £420 £425
% change year-on-year
+7.14% -1.17%
Number of hourly rates quoted 8 7 12
Median hourly rate £51.25 £55.00 £37.50
Median hourly rate % change year-on-year
-6.81% +46.66%
90% offered a hourly rate of more than £21.00 £17.05 £30.00
10% offered a hourly rate of more than £129.50 £100.00 £53.40
UK excluding London median hourly rate £33.00 £30.00 £18.00
% change year-on-year
+10.00% +66.66%

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 24 February 2017.

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 24 February 2017. 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 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 6 £550 +4.76% 1
Summit
England

Summit
Top 30 Related IT Skills in London

For the 6 months to 24 February 2017, 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 30 (83.33%) Murex
2 24 (66.67%) Derivative
3 22 (61.11%) Foreign Exchange (FX)
4 21 (58.33%) Front Office
5 17 (47.22%) Finance
6 12 (33.33%) Unix
7 11 (30.56%) Windows
7 11 (30.56%) Banking
8 10 (27.78%) Risk Management
8 10 (27.78%) SQL
8 10 (27.78%) User Acceptance Testing
9 8 (22.22%) Perl
10 7 (19.44%) Windows Server
10 7 (19.44%) Orchestrade
11 6 (16.67%) Oracle General Ledger
11 6 (16.67%) Oracle
11 6 (16.67%) IIS
11 6 (16.67%) Control-M
11 6 (16.67%) Fixed Income
12 5 (13.89%) MiFID
12 5 (13.89%) Investment Banking
12 5 (13.89%) Migration
12 5 (13.89%) Calypso
13 4 (11.11%) Bloomberg
13 4 (11.11%) ION Trading
13 4 (11.11%) Credit Derivative
13 4 (11.11%) Electronic Trading
13 4 (11.11%) Business Analysis
14 3 (8.33%) Retail
14 3 (8.33%) 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 6 (16.67%) IIS
Business Applications
1 7 (19.44%) Orchestrade
2 6 (16.67%) Oracle General Ledger
3 1 (2.78%) RMDS
Database & Business Intelligence
1 2 (5.56%) KDB
Development Applications
1 2 (5.56%) Eclipse
General
1 21 (58.33%) Front Office
2 17 (47.22%) Finance
3 11 (30.56%) Banking
4 5 (13.89%) Investment Banking
5 3 (8.33%) Retail
6 2 (5.56%) Legal
7 1 (2.78%) French Language
Job Titles
1 18 (50.00%) Analyst
2 10 (27.78%) Business Analyst
2 10 (27.78%) Developer
3 6 (16.67%) Murex Support
4 5 (13.89%) Support Analyst
5 4 (11.11%) Applications Support
5 4 (11.11%) Lead Business Analyst
5 4 (11.11%) Test Analyst
6 3 (8.33%) Business Test Analyst
6 3 (8.33%) Credit Analyst
6 3 (8.33%) FX Test Analyst
6 3 (8.33%) Summit Support
6 3 (8.33%) Systems Support
7 2 (5.56%) Data Business Analyst
7 2 (5.56%) MiFID Business Analyst
7 2 (5.56%) Murex Analyst
7 2 (5.56%) Murex Specialist
7 2 (5.56%) Murex Support Analyst
7 2 (5.56%) Summit Developer
7 2 (5.56%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 2 (5.56%) Spring
2 1 (2.78%) CORBA
2 1 (2.78%) STL
Miscellaneous
1 24 (66.67%) Derivative
2 22 (61.11%) Foreign Exchange (FX)
3 6 (16.67%) Fixed Income
4 4 (11.11%) Credit Derivative
5 1 (2.78%) Analytical Skills
5 1 (2.78%) Equities
5 1 (2.78%) Market Risk
5 1 (2.78%) Replication
Operating Systems
1 12 (33.33%) Unix
2 11 (30.56%) Windows
3 7 (19.44%) Windows Server
4 2 (5.56%) Linux
Processes & Methodologies
1 10 (27.78%) Risk Management
1 10 (27.78%) User Acceptance Testing
2 5 (13.89%) Migration
3 4 (11.11%) Business Analysis
3 4 (11.11%) Electronic Trading
4 3 (8.33%) Project Management
5 2 (5.56%) Agile Software Development
5 2 (5.56%) Data Architecture
5 2 (5.56%) Multithreaded Programming
5 2 (5.56%) Multithreading
5 2 (5.56%) OOP
5 2 (5.56%) Stakeholder Management
5 2 (5.56%) Unit Testing
6 1 (2.78%) Continuous Delivery
6 1 (2.78%) Continuous Integration
6 1 (2.78%) Greeks
6 1 (2.78%) System Integration Testing
6 1 (2.78%) Test Planning
6 1 (2.78%) Test Strategy
6 1 (2.78%) User Stories
Programming Languages
1 10 (27.78%) SQL
2 8 (22.22%) Perl
3 3 (8.33%) C#
3 3 (8.33%) C++
3 3 (8.33%) Java
3 3 (8.33%) VBA
4 2 (5.56%) C
4 2 (5.56%) Shell Script
Quality Assurance & Compliance
1 5 (13.89%) MiFID
2 1 (2.78%) QA
System Software
1 1 (2.78%) Tivoli Workload Scheduler
Systems Management
1 6 (16.67%) Control-M
2 1 (2.78%) Tivoli
Vendors
1 30 (83.33%) Murex
2 6 (16.67%) Oracle
3 5 (13.89%) Calypso
4 4 (11.11%) Bloomberg
4 4 (11.11%) ION Trading
5 2 (5.56%) TIBCO
5 2 (5.56%) Tradeweb
6 1 (2.78%) Reuters
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 22 hours ago