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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
SimCorp
Rank 620 589 589
Rank change year-on-year
-31 0
Contract jobs citing SimCorp 10 19 4
As % of all contract IT jobs located in the UK 0.017% 0.034% 0.007%
As % of the Vendors category 0.039% 0.074% 0.016%
Number of daily rates quoted 6 14 0
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £525 -
Average daily rate % change year-on-year
+19.04% -
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
25927 25801 24746
As % of all contract IT jobs located in the UK 43.75% 45.63% 46.34%
Number of daily rates quoted 15354 14439 13687
Average daily rate £400 £380 £380
Average daily rate % change year-on-year
+5.26% -
90% offered a daily rate of more than £238 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1109 1115 1115
Average hourly rate £19.00 £19.00 £19.50
Average hourly rate % change year-on-year
- -2.56%
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £41.96 £41.55
UK excluding London average hourly rate £18.75 £18.50 £19.30
% change year-on-year
+1.35% -4.14%

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 3 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 2 September 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
England -14 10 £625 +19.04% 5
London -18 10 £625 +19.04% 5
City of London +3 2 £625 +19.04% 3

SimCorp
Top 30 Related IT Skills

For the 6 months to 2 September 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 33 (86.84%) SimCorp Dimension
2 24 (63.16%) Asset Management
3 21 (55.26%) SQL
4 17 (44.74%) Back Office
5 16 (42.11%) Charles River
6 15 (39.47%) Front Office
7 13 (34.21%) Investment Management
8 12 (31.58%) Fixed Income
9 11 (28.95%) Finance
9 11 (28.95%) Data Structures
10 10 (26.32%) Foreign Exchange (FX)
10 10 (26.32%) thinkFolio
10 10 (26.32%) Data Management
11 7 (18.42%) Cash Management
11 7 (18.42%) Equities
11 7 (18.42%) Portfolio Management
11 7 (18.42%) Markit EDM
12 6 (15.79%) Oracle
12 6 (15.79%) BusinessObjects
12 6 (15.79%) Eagle PACE
12 6 (15.79%) Test Management
12 6 (15.79%) Derivative
13 5 (13.16%) CFA
13 5 (13.16%) Data Analysis
13 5 (13.16%) LatentZero
13 5 (13.16%) BPR
13 5 (13.16%) Sophis
13 5 (13.16%) Murex
14 4 (10.53%) Metastorm
14 4 (10.53%) Salesforce.com

SimCorp
Top Related IT Skills by Category

For the 6 months to 2 September 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 33 (86.84%) SimCorp Dimension
2 10 (26.32%) thinkFolio
3 7 (18.42%) Markit EDM
4 6 (15.79%) Eagle PACE
5 5 (13.16%) LatentZero
6 4 (10.53%) Oracle BPM
7 2 (5.26%) HiPortfolio
Database & Business Intelligence
1 6 (15.79%) BusinessObjects
2 4 (10.53%) Data Warehouse
3 2 (5.26%) SQL Server
3 2 (5.26%) Crystal Reports
General
1 17 (44.74%) Back Office
2 15 (39.47%) Front Office
3 11 (28.95%) Finance
4 2 (5.26%) Retail
4 2 (5.26%) Financial Institution
Job Titles
1 29 (76.32%) Analyst
2 20 (52.63%) Business Analyst
3 10 (26.32%) Senior Business Analyst
3 10 (26.32%) Senior Analyst
4 6 (15.79%) Data Analyst
5 3 (7.89%) Environment Manager
5 3 (7.89%) Test Manager
6 2 (5.26%) Applications Support
6 2 (5.26%) Project Manager
6 2 (5.26%) PRINCE2 Project Manager
6 2 (5.26%) Test Environment Manager
7 1 (2.63%) Business Manager
Libraries, Frameworks & Software Standards
1 2 (5.26%) Middleware
1 2 (5.26%) FIX Protocol
Miscellaneous
1 12 (31.58%) Fixed Income
2 11 (28.95%) Data Structures
3 10 (26.32%) Foreign Exchange (FX)
4 7 (18.42%) Equities
5 6 (15.79%) Derivative
6 4 (10.53%) DTCC
7 2 (5.26%) Wiki
8 1 (2.63%) Reference Data
8 1 (2.63%) Hedge funds
Operating Systems
1 2 (5.26%) UNIX
Processes & Methodologies
1 24 (63.16%) Asset Management
2 13 (34.21%) Investment Management
3 10 (26.32%) Data Management
4 7 (18.42%) Cash Management
4 7 (18.42%) Portfolio Management
5 6 (15.79%) Test Management
6 5 (13.16%) Data Analysis
6 5 (13.16%) BPR
7 4 (10.53%) Test Automation
8 3 (7.89%) Analytics
8 3 (7.89%) User Acceptance Testing
9 2 (5.26%) Time Management
9 2 (5.26%) Data Cleansing
9 2 (5.26%) Incident Management
9 2 (5.26%) Wealth Management
9 2 (5.26%) Risk Analysis
9 2 (5.26%) Project Management
9 2 (5.26%) Scrum
9 2 (5.26%) Agile Software Development
9 2 (5.26%) ITIL
Programming Languages
1 21 (55.26%) SQL
Qualifications
1 5 (13.16%) CFA
2 2 (5.26%) PRINCE2 Certification
2 2 (5.26%) ITIL Certification
3 1 (2.63%) Degree
Quality Assurance & Compliance
1 2 (5.26%) SLA
2 1 (2.63%) QA
Vendors
1 16 (42.11%) Charles River
2 6 (15.79%) Oracle
3 5 (13.16%) Murex
3 5 (13.16%) Sophis
4 4 (10.53%) Metastorm
4 4 (10.53%) Salesforce.com
5 2 (5.26%) Avaloq
5 2 (5.26%) Remedy
6 1 (2.63%) Bloomberg