The first table below looks at the demand for knowledge and experience of Sophis 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 Sophis over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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 Sophis.

Location
3 months to
1 Aug 2014
Same period 2013 Same period 2012
Sophis
Rank 584 553 534
Rank change year-on-year
-31 -19
Contract jobs citing Sophis 6 20 47
As % of all contract IT jobs located in the UK 0.011% 0.039% 0.081%
As % of the Vendors category 0.024% 0.083% 0.17%
Number of daily rates quoted 0 12 27
Average daily rate
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of your Daily Rate
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- £456 £550
Average daily rate % change year-on-year
- -17.04%
UK excluding London average daily rate - £600 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
25070 24077 26885
As % of all contract IT jobs located in the UK 45.89% 47.08% 46.53%
Number of daily rates quoted 13892 13098 13619
Average daily rate £380 £388 £375
Average daily rate % change year-on-year
-1.93% +3.33%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1074 1184 1390
Average hourly rate £18.00 £19.50 £19.50
Average hourly rate % change year-on-year
-7.69% -
90% offered a hourly rate of more than £11.00 £11.00 £11.50
10% offered a hourly rate of more than £37.50 £41.00 £40.00
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%

Sophis
Jobs Demand Trend

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

Sophis Jobs Demand Trend in the UK

Sophis
Daily Rate Trend

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

Sophis Daily Rate Trend in the UK

Sophis
Hourly Rate Trend

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

Sophis Hourly Rate Trend in the UK

Sophis
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 Sophis within the UK over the 3 months to 1 August 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
London -7 6 - - 2
England -18 6 - - 2
City of London - - - -

Sophis
Top 30 Related IT Skills

For the 6 months to 1 August 2014, IT contractor jobs within the UK citing Sophis 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 Sophis.

1 13 (48.15%) Charles River
1 13 (48.15%) Front Office
2 12 (44.44%) Finance
2 12 (44.44%) SQL
3 11 (40.74%) Calypso
3 11 (40.74%) Investment Management
4 10 (37.04%) Derivative
5 9 (33.33%) Asset Management
5 9 (33.33%) XML
5 9 (33.33%) Murex
6 8 (29.63%) Test Scripting
7 7 (25.93%) Business Analysis
7 7 (25.93%) Fund Management
7 7 (25.93%) Fixed Income
8 4 (14.81%) Equity Derivative
8 4 (14.81%) Markit EDM
9 3 (11.11%) Portfolio Management
9 3 (11.11%) FactSet
9 3 (11.11%) thinkFolio
9 3 (11.11%) QlikView
9 3 (11.11%) Migration
9 3 (11.11%) Summit
9 3 (11.11%) Sophis RISQUE
9 3 (11.11%) Banking
9 3 (11.11%) Risk Management
9 3 (11.11%) Bloomberg
9 3 (11.11%) Foreign Exchange (FX)
9 3 (11.11%) UNIX
9 3 (11.11%) Linux
10 2 (7.41%) VBA

Sophis
Top Related IT Skills by Category

For the 6 months to 1 August 2014, IT contractor jobs within the UK citing Sophis 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 Sophis. Up to 20 skills are shown per category.

Business Applications
1 4 (14.81%) Markit EDM
2 3 (11.11%) Summit
2 3 (11.11%) Sophis RISQUE
3 2 (7.41%) LatentZero
4 1 (3.70%) Global One
4 1 (3.70%) HiPortfolio
Database & Business Intelligence
1 3 (11.11%) QlikView
2 1 (3.70%) Oracle Database
2 1 (3.70%) Relational Database
2 1 (3.70%) Oracle Database 11g
2 1 (3.70%) SQL Server
2 1 (3.70%) Informix
2 1 (3.70%) RDBMS
2 1 (3.70%) Oracle Database 10g
Development Applications
1 1 (3.70%) QuickTest Pro
1 1 (3.70%) Toad
General
1 13 (48.15%) Front Office
2 12 (44.44%) Finance
3 3 (11.11%) Banking
4 1 (3.70%) Marketing
4 1 (3.70%) French Language
4 1 (3.70%) Investment Banking
4 1 (3.70%) Legal
Job Titles
1 21 (77.78%) Analyst
2 10 (37.04%) Business Analyst
3 9 (33.33%) Test Analyst
4 3 (11.11%) Senior Analyst
4 3 (11.11%) Applications Support
4 3 (11.11%) Senior Business Analyst
5 2 (7.41%) Support Analyst
5 2 (7.41%) Sophis Business Analyst
6 1 (3.70%) Sophis Support Analyst
6 1 (3.70%) Murex Support Analyst
6 1 (3.70%) Murex Support
6 1 (3.70%) Murex Analyst
6 1 (3.70%) Credit Risk Analyst
6 1 (3.70%) Equity Derivatives Business Analyst
6 1 (3.70%) Oracle DBA
6 1 (3.70%) Credit Analyst
6 1 (3.70%) QA Test Analyst
6 1 (3.70%) Credit Risk Business Analyst
6 1 (3.70%) Risk Analyst
6 1 (3.70%) Functional Analyst
Libraries, Frameworks & Software Standards
1 9 (33.33%) XML
2 2 (7.41%) XSLT
3 1 (3.70%) Middleware
Miscellaneous
1 10 (37.04%) Derivative
2 7 (25.93%) Fixed Income
3 4 (14.81%) Equity Derivative
4 3 (11.11%) Foreign Exchange (FX)
5 2 (7.41%) Equities
5 2 (7.41%) Credit Risk
5 2 (7.41%) Energy Derivatives
6 1 (3.70%) Market Risk
6 1 (3.70%) Credit Derivative
Operating Systems
1 3 (11.11%) UNIX
1 3 (11.11%) Linux
2 2 (7.41%) Windows
3 1 (3.70%) Red Hat Enterprise Linux
3 1 (3.70%) Solaris
Processes & Methodologies
1 11 (40.74%) Investment Management
2 9 (33.33%) Asset Management
3 8 (29.63%) Test Scripting
4 7 (25.93%) Business Analysis
4 7 (25.93%) Fund Management
5 3 (11.11%) Portfolio Management
5 3 (11.11%) Migration
5 3 (11.11%) Risk Management
6 2 (7.41%) Change Management
6 2 (7.41%) Disaster Recovery
6 2 (7.41%) Workflow
6 2 (7.41%) User Acceptance Testing
6 2 (7.41%) Analytics
7 1 (3.70%) Database Security
7 1 (3.70%) Integration Testing
7 1 (3.70%) Manual Testing
7 1 (3.70%) Monte Carlo Method
7 1 (3.70%) Incident Management
7 1 (3.70%) Problem Management
Programming Languages
1 12 (44.44%) SQL
2 2 (7.41%) VBA
2 2 (7.41%) C++
2 2 (7.41%) Java
3 1 (3.70%) sed
3 1 (3.70%) Shell Script
3 1 (3.70%) C#
3 1 (3.70%) Perl
3 1 (3.70%) PL/SQL
3 1 (3.70%) VBScript
3 1 (3.70%) VB
3 1 (3.70%) Python
Qualifications
1 1 (3.70%) ISEB
Quality Assurance & Compliance
1 2 (7.41%) QA
System Software
1 1 (3.70%) Oracle RAC
Systems Management
1 1 (3.70%) Control-M
1 1 (3.70%) Oracle Enterprise Manager
Vendors
1 13 (48.15%) Charles River
2 11 (40.74%) Calypso
3 9 (33.33%) Murex
4 3 (11.11%) FactSet
4 3 (11.11%) thinkFolio
4 3 (11.11%) Bloomberg
5 2 (7.41%) Oracle
6 1 (3.70%) Wall Street Systems
6 1 (3.70%) SimCorp
6 1 (3.70%) VMware
6 1 (3.70%) HP
6 1 (3.70%) Veritas
6 1 (3.70%) Red Hat
6 1 (3.70%) Remedy
6 1 (3.70%) Microsoft
London
Ripe4
Rate: £0 - £500+ per day
Posted: 14 hours ago