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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
SimCorp
Rank 616 608 580
Rank change year-on-year
-8 -28
Contract jobs citing SimCorp 10 4 8
As % of all contract IT jobs located in the UK 0.019% 0.008% 0.016%
As % of the Vendors category 0.045% 0.017% 0.035%
Number of daily rates quoted 3 2 4
Average daily rate £500 £625 £475
Average daily rate % change year-on-year
-20.00% +31.57%
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
22062 23715 22622
As % of all contract IT jobs located in the UK 42.89% 45.79% 45.50%
Number of daily rates quoted 13130 13749 12420
Average daily rate £400 £400 £388
Average daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £235 £225 £220
10% offered a daily rate of more than £560 £550 £550
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 866 1006 988
Average hourly rate £22.00 £17.50 £17.32
Average hourly rate % change year-on-year
+25.71% +1.03%
90% offered a hourly rate of more than £11.02 £11.50 £11.00
10% offered a hourly rate of more than £55.00 £40.00 £40.00
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing SimCorp within the UK over the 3 months to 11 February 2016.

SimCorp Daily Rate Histogram 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 6 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 11 February 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
(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 +3 10 £500 -20.00% 10
London +12 9 £500 -20.00% 10
City of London - 4 £500 - 5
Liverpool - 1 - -
Merseyside - 1 - -
North West - 1 - -

SimCorp
Top 30 Related IT Skills

For the 6 months to 11 February 2016, 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 19 (82.61%) SimCorp Dimension
2 12 (52.17%) Asset Management
2 12 (52.17%) Equities
3 11 (47.83%) Fixed Income
4 10 (43.48%) Finance
5 9 (39.13%) Investment Management
6 8 (34.78%) SQL Server
6 8 (34.78%) Foreign Exchange (FX)
7 7 (30.43%) Derivative
8 6 (26.09%) Remedy
8 6 (26.09%) Oracle
9 5 (21.74%) Reference Data
9 5 (21.74%) Analytics
9 5 (21.74%) Performance Tuning
10 3 (13.04%) Release Management
10 3 (13.04%) Migration
11 2 (8.70%) Front Office
11 2 (8.70%) GAP Analysis
11 2 (8.70%) SQL
11 2 (8.70%) ITIL
11 2 (8.70%) User Acceptance Testing
11 2 (8.70%) Software Testing
11 2 (8.70%) Incident Management
11 2 (8.70%) Selenium
11 2 (8.70%) FitNesse
11 2 (8.70%) Cucumber
11 2 (8.70%) Business Analysis
11 2 (8.70%) Data Structures
11 2 (8.70%) SDLC
11 2 (8.70%) SpecFlow

SimCorp
Top Related IT Skills by Category

For the 6 months to 11 February 2016, 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.

Application Platforms
1 1 (4.35%) CMS
1 1 (4.35%) Tomcat
Business Applications
1 19 (82.61%) SimCorp Dimension
2 1 (4.35%) Eagle PACE
2 1 (4.35%) Markit EDM
2 1 (4.35%) Minerva
2 1 (4.35%) Sentinel
Database & Business Intelligence
1 8 (34.78%) SQL Server
2 1 (4.35%) BusinessObjects
2 1 (4.35%) Crystal Reports
2 1 (4.35%) SQL Server 2012
Development Applications
1 2 (8.70%) Cucumber
1 2 (8.70%) FitNesse
1 2 (8.70%) Selenium
1 2 (8.70%) SpecFlow
General
1 10 (43.48%) Finance
2 2 (8.70%) Front Office
3 1 (4.35%) Back Office
3 1 (4.35%) Banking
3 1 (4.35%) Financial Institution
3 1 (4.35%) Retail
Job Titles
1 12 (52.17%) Analyst
2 7 (30.43%) Business Analyst
3 6 (26.09%) Applications Support
4 3 (13.04%) Consultant
4 3 (13.04%) Investment Management Business Analyst
5 2 (8.70%) Asset Management Analyst
5 2 (8.70%) Implementation Consultant
5 2 (8.70%) SimCorp Support
5 2 (8.70%) Support Analyst
5 2 (8.70%) Test Leader
6 1 (4.35%) Applications Support Analyst
6 1 (4.35%) Banking Analyst
6 1 (4.35%) Business IT Analyst
6 1 (4.35%) Business Support Analyst
6 1 (4.35%) Fidessa Analyst
6 1 (4.35%) Functional Analyst
6 1 (4.35%) IT Business Analyst
6 1 (4.35%) MiFID Business Analyst
6 1 (4.35%) Report Analyst
6 1 (4.35%) Systems Analyst
Libraries, Frameworks & Software Standards
1 1 (4.35%) Middleware
Miscellaneous
1 12 (52.17%) Equities
2 11 (47.83%) Fixed Income
3 8 (34.78%) Foreign Exchange (FX)
4 7 (30.43%) Derivative
5 5 (21.74%) Reference Data
6 2 (8.70%) Data Structures
7 1 (4.35%) Data Integration
7 1 (4.35%) Management Information System
7 1 (4.35%) Wiki
Operating Systems
1 1 (4.35%) Unix
1 1 (4.35%) Windows
1 1 (4.35%) Windows Server
1 1 (4.35%) Windows Server 2012
Processes & Methodologies
1 12 (52.17%) Asset Management
2 9 (39.13%) Investment Management
3 5 (21.74%) Analytics
3 5 (21.74%) Performance Tuning
4 3 (13.04%) Migration
4 3 (13.04%) Release Management
5 2 (8.70%) Business Analysis
5 2 (8.70%) Continuous Improvement
5 2 (8.70%) GAP Analysis
5 2 (8.70%) Incident Management
5 2 (8.70%) ITIL
5 2 (8.70%) SDLC
5 2 (8.70%) Software Testing
5 2 (8.70%) User Acceptance Testing
6 1 (4.35%) ITIL V3
6 1 (4.35%) Mentoring
6 1 (4.35%) Process Improvement
6 1 (4.35%) Regression Testing
6 1 (4.35%) Test Strategy
6 1 (4.35%) Wealth Management
Programming Languages
1 2 (8.70%) SQL
Qualifications
1 1 (4.35%) Degree
1 1 (4.35%) ITIL Certification
Quality Assurance & Compliance
1 1 (4.35%) MiFID
1 1 (4.35%) SLA
Vendors
1 6 (26.09%) Oracle
1 6 (26.09%) Remedy
2 1 (4.35%) Charles River
2 1 (4.35%) Fidessa
2 1 (4.35%) Microsoft
2 1 (4.35%) OpenText
2 1 (4.35%) Sybase
London
Experis Ltd
Rate: £300 - £315 per day
Posted: 10 hours ago
City, London
Parallel Consulting
Rate: £550 - £650 per day
Posted: 14 hours ago