The table below looks at the statistics for knowledge and experience of SimCorp products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited SimCorp over the 3 months to 7 July 2015 with a comparison to the same period in 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within SimCorp.

Location
3 months to
7 Jul 2015
Same period 2014 Same period 2013
SimCorp
Rank 603 587 574
Rank change year-on-year
-16 -13
Contract jobs citing SimCorp 10 9 5
As % of all contract IT jobs located in the UK 0.018% 0.017% 0.010%
As % of the Vendors category 0.041% 0.038% 0.021%
Number of daily rates quoted 6 8 1
Average daily rate
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£625 £513 £825
Average daily rate % change year-on-year
+21.95% -37.87%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24523 23898 23573
As % of all contract IT jobs located in the UK 44.72% 45.16% 47.10%
Number of daily rates quoted 14392 13365 12566
Average daily rate £390 £378 £388
Average daily rate % change year-on-year
+3.37% -2.58%
90% offered a daily rate of more than £225 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 1085 1042 1249
Average hourly rate £18.75 £17.50 £19.63
Average hourly rate % change year-on-year
+7.14% -10.82%
90% offered a hourly rate of more than £11.17 £10.88 £11.15
10% offered a hourly rate of more than £42.50 £36.70 £40.00
UK excluding London average hourly rate £18.50 £17.00 £19.50
% change year-on-year
+8.82% -12.82%

SimCorp
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing SimCorp within the UK as a proportion of the total demand within the Vendors category.

SimCorp Jobs Demand Trend in the UK

SimCorp
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing SimCorp within the UK.

SimCorp Daily Rate Trend in the UK

SimCorp
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing SimCorp within the UK.

SimCorp Hourly Rate Trend in the UK

SimCorp
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing SimCorp within the UK over the 3 months to 7 July 2015. 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
London -4 10 £625 +21.95% 17
England -20 10 £625 +21.95% 17

SimCorp
Top 30 Related IT Skills

For the 6 months to 7 July 2015, IT contractor jobs within the UK citing SimCorp 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 SimCorp.

1 39 (90.70%) SimCorp Dimension
2 25 (58.14%) SQL
2 25 (58.14%) Asset Management
3 21 (48.84%) Back Office
4 18 (41.86%) Front Office
5 16 (37.21%) Charles River
6 15 (34.88%) Data Structures
7 13 (30.23%) Fixed Income
8 11 (25.58%) Investment Management
9 10 (23.26%) Cash Management
9 10 (23.26%) thinkFolio
9 10 (23.26%) Finance
9 10 (23.26%) Foreign Exchange (FX)
10 9 (20.93%) Data Management
10 9 (20.93%) Portfolio Management
11 6 (13.95%) Data Analysis
11 6 (13.95%) DTCC
11 6 (13.95%) Murex
11 6 (13.95%) Equities
12 5 (11.63%) Data Warehouse
12 5 (11.63%) BPR
12 5 (11.63%) Derivative
12 5 (11.63%) CFA
12 5 (11.63%) LatentZero
12 5 (11.63%) Sophis
12 5 (11.63%) Eagle PACE
12 5 (11.63%) Markit EDM
13 4 (9.30%) Oracle BPM
13 4 (9.30%) Test Automation
13 4 (9.30%) Test Management

SimCorp
Top Related IT Skills by Category

For the 6 months to 7 July 2015, IT contractor jobs within the UK citing SimCorp 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 SimCorp. Up to 20 skills are shown per category.

Business Applications
1 39 (90.70%) SimCorp Dimension
2 10 (23.26%) thinkFolio
3 5 (11.63%) Eagle PACE
3 5 (11.63%) LatentZero
3 5 (11.63%) Markit EDM
4 4 (9.30%) Oracle BPM
5 2 (4.65%) HiPortfolio
6 1 (2.33%) PORTIA
6 1 (2.33%) SunGard APT
6 1 (2.33%) Investran
Database & Business Intelligence
1 5 (11.63%) Data Warehouse
2 1 (2.33%) SQL Server Integration Services
General
1 21 (48.84%) Back Office
2 18 (41.86%) Front Office
3 10 (23.26%) Finance
4 1 (2.33%) Banking
4 1 (2.33%) Investment Banking
Job Titles
1 31 (72.09%) Analyst
2 21 (48.84%) Business Analyst
3 13 (30.23%) Senior Business Analyst
3 13 (30.23%) Senior Analyst
4 6 (13.95%) Data Analyst
5 3 (6.98%) Test Manager
5 3 (6.98%) Environment Manager
6 2 (4.65%) PRINCE2 Project Manager
6 2 (4.65%) Test Environment Manager
6 2 (4.65%) Project Manager
7 1 (2.33%) Business Manager
7 1 (2.33%) Consultant
7 1 (2.33%) Developer
7 1 (2.33%) Technical Analyst
7 1 (2.33%) Implementation Consultant
Libraries, Frameworks & Software Standards
1 3 (6.98%) FIX Protocol
Miscellaneous
1 15 (34.88%) Data Structures
2 13 (30.23%) Fixed Income
3 10 (23.26%) Foreign Exchange (FX)
4 6 (13.95%) Equities
4 6 (13.95%) DTCC
5 5 (11.63%) Derivative
6 2 (4.65%) Analytical Skills
7 1 (2.33%) SWIFT
Processes & Methodologies
1 25 (58.14%) Asset Management
2 11 (25.58%) Investment Management
3 10 (23.26%) Cash Management
4 9 (20.93%) Portfolio Management
4 9 (20.93%) Data Management
5 6 (13.95%) Data Analysis
6 5 (11.63%) BPR
7 4 (9.30%) Test Management
7 4 (9.30%) Test Automation
8 2 (4.65%) Time Management
8 2 (4.65%) Data Cleansing
8 2 (4.65%) PRINCE
8 2 (4.65%) PRINCE2
8 2 (4.65%) Data Modelling
8 2 (4.65%) Continuous Improvement
8 2 (4.65%) Analytics
8 2 (4.65%) Project Management
8 2 (4.65%) Migration
8 2 (4.65%) Wealth Management
8 2 (4.65%) Risk Analysis
Programming Languages
1 25 (58.14%) SQL
2 1 (2.33%) C
Qualifications
1 5 (11.63%) CFA
2 3 (6.98%) Degree
3 2 (4.65%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (2.33%) QA
Vendors
1 16 (37.21%) Charles River
2 6 (13.95%) Murex
3 5 (11.63%) Sophis
4 4 (9.30%) Oracle
4 4 (9.30%) Business Objects
4 4 (9.30%) Metastorm
4 4 (9.30%) Salesforce.com
5 2 (4.65%) Avaloq
6 1 (2.33%) Yardi
6 1 (2.33%) BI-SAM
6 1 (2.33%) Bloomberg
6 1 (2.33%) SunGard