Sophis Contracts
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Demand Trend Daily Rate Trend Daily Rate Histogram Hourly Rate Trend Job Locations Related Skills

This section looks at the demand for knowledge and experience of Sophis products and/or services in IT contracts across the UK with a comparison to our Vendors category. Included is a guide to the contractor rates offered in IT jobs that have cited Sophis over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkSophis
Location
3 months to 25 Jul 2008Same period last year
Rank458446
Rank change on same period last yearDown-12
Matching contract IT job ads128217
As % of all UK contract IT job ads sampled0.171 %0.220 %
As % of the category below0.396 %0.502 %
Daily rates quoted4182
Average minimum daily rate£500£591
Average daily rate£558£644
% change on same period last year-13.33 %
Average maximum daily rate£616£696
UK excluding London average daily rate£700-
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
IT Contractor Job Market, VendorsVendors
UK
Matching contract IT job ads3233943225
As % of all UK contract IT job ads sampled43.11 %43.73 %
Daily rates quoted955512318
Average minimum daily rate£382£386
Average daily rate£407£410
% change on same period last year-0.76 %
Average maximum daily rate£431£433
UK excluding London average daily rate£357£359
% change on same period last year-0.40 %
Hourly rates quoted28103521
Average minimum hourly rate£22.05£23.99
Average hourly rate£23.57£25.58
% change on same period last year-7.89 %
Average maximum hourly rate£25.08£27.18
UK excluding London average hourly rate£23.25£24.99
% change on same period last year-6.94 %

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

These figures represent the IT job market and are NOT representative of employment within Sophis.

Sophis
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Sophis within the UK as a proportion of the total demand within the Vendors category.

Sophis Demand Trend

Sophis
Daily Rate Trend

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

Sophis Daily Rate Trend

Sophis
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Sophis within the UK over the 3 months to 25 July 2008.

Sophis Daily Rate Histogram

Sophis
Hourly Rate Trend

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

Sophis Hourly Rate Trend

Sophis
Top 9 Contract Locations

This section 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 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last		Matching
Contract
IT Job Ads		Average
Daily Rate
Last 3 Months		Average Daily Rate
% Change
on Same Period
Last Year
EnglandDown-2128£558-13.33 %
LondonDown-11120£554-13.88 %
City of LondonDown-6222£593-4.06 %
Docklands, LondonUp+3918£600+11.62 %
SurreyUp+47£700-
South EastUp+527£700-
Canary WharfUp+22--
East MidlandsNew entry-1--
LincolnshireNew entry-1--

Sophis
Top 30 Related IT Skills

For the 6 months to 25 July 2008, 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.

1151 (68.64 %)Derivative
2101 (45.91 %)Equity Derivative
381 (36.82 %)Banking
477 (35.00 %)Front Office
565 (29.55 %)C++
659 (26.82 %)Finance
659 (26.82 %)Investment Banking
738 (17.27 %)C#
830 (13.64 %)Back Office
830 (13.64 %)Sophis RISQUE
926 (11.82 %)Sophis VALUE
926 (11.82 %)Murex
1025 (11.36 %)Calypso
1025 (11.36 %)UNIX
1124 (10.91 %)User Acceptance Testing
1222 (10.00 %)Summit
1320 (9.091 %)SQL
1320 (9.091 %)Equities
1417 (7.727 %)Fixed Income
1417 (7.727 %)Credit Derivative
1516 (7.273 %)Java
1516 (7.273 %)Windows
1612 (5.455 %)Project Management
1612 (5.455 %)Oracle
1612 (5.455 %)Risk Management
1711 (5.000 %)Financial Institution
1711 (5.000 %)TestDirector
1810 (4.545 %)VBA
1810 (4.545 %)Sophis Toolkit
199 (4.091 %)Investment Management

Sophis
Top Related IT Skills by Category

For the 6 months to 25 July 2008, 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.

IT Contractor Job Market, Application DevelopmentApplication Development
110 (4.545 %)Sophis Toolkit
27 (3.182 %).NET
27 (3.182 %)ASP.NET
27 (3.182 %)XML
34 (1.818 %)Middleware
34 (1.818 %)WebSphere
43 (1.364 %)FIX Protocol
43 (1.364 %)XSD
43 (1.364 %)XSLT
51 (0.455 %)WebServices
51 (0.455 %)FpML
IT Contractor Job Market, Application PlatformsApplication Platforms
18 (3.636 %)WebSphere MQ
18 (3.636 %)WebSphere Message Broker
23 (1.364 %)MQSeries
31 (0.455 %)Apache
IT Contractor Job Market, ApplicationsApplications
11 (0.455 %)MATLAB
11 (0.455 %)Spreadsheet
IT Contractor Job Market, Business ApplicationsBusiness Applications
130 (13.64 %)Sophis RISQUE
226 (11.82 %)Sophis VALUE
322 (10.00 %)Summit
45 (2.273 %)HiPortfolio
45 (2.273 %)Adaptiv
54 (1.818 %)FRONT ARENA
54 (1.818 %)SimCorp Dimension
54 (1.818 %)SunGard Martini
54 (1.818 %)HiInvest
54 (1.818 %)InvestOne
54 (1.818 %)Advent Geneva
54 (1.818 %)SunGard AvantGard
54 (1.818 %)Thomson PORTIA
63 (1.364 %)Monis
71 (0.455 %)Kondor+
71 (0.455 %)Endur
IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
16 (2.727 %)Reference Data
23 (1.364 %)RDBMS
31 (0.455 %)SQL Server
IT Contractor Job Market, Development ApplicationsDevelopment Applications
111 (5.000 %)TestDirector
21 (0.455 %)QuickTest Pro
21 (0.455 %)LoadRunner
21 (0.455 %)WinRunner
IT Contractor Job Market, GeneralGeneral
181 (36.82 %)Banking
277 (35.00 %)Front Office
359 (26.82 %)Finance
359 (26.82 %)Investment Banking
430 (13.64 %)Back Office
511 (5.000 %)Financial Institution
61 (0.455 %)General Ledger
IT Contractor Job Market, Job TitlesJob Titles
1104 (47.27 %)Developer
282 (37.27 %)Sophis Developer
364 (29.09 %)Analyst
440 (18.18 %)Business Analyst
521 (9.545 %)Project Manager
617 (7.727 %)Applications Support
716 (7.273 %)C++ Developer
716 (7.273 %)Support Analyst
815 (6.818 %)Consultant
914 (6.364 %)Applications Support Analyst
1013 (5.909 %)Support Consultant
119 (4.091 %)Banking Business Analyst
128 (3.636 %)Sophis Business Analyst
128 (3.636 %)Technical Analyst
137 (3.182 %)Test Manager
146 (2.727 %)Investment Banking Business Analyst
154 (1.818 %)Business Manager
163 (1.364 %)C# Developer
163 (1.364 %)Business Project Manager
172 (0.909 %)Operations Analyst
IT Contractor Job Market, MiscellaneousMiscellaneous
1151 (68.64 %)Derivative
2101 (45.91 %)Equity Derivative
320 (9.091 %)Equities
417 (7.727 %)Credit Derivative
417 (7.727 %)Fixed Income
58 (3.636 %)Foreign Exchange (FX)
58 (3.636 %)Interest Rate Derivative
64 (1.818 %)Credit Risk
72 (0.909 %)Equity Risk
72 (0.909 %)Management Information System
81 (0.455 %)Spread Betting
81 (0.455 %)French Language
81 (0.455 %)Market Risk
IT Contractor Job Market, Operating SystemsOperating Systems
125 (11.36 %)UNIX
216 (7.273 %)Windows
36 (2.727 %)AIX
IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
124 (10.91 %)User Acceptance Testing
212 (5.455 %)Project Management
212 (5.455 %)Risk Management
39 (4.091 %)Investment Management
48 (3.636 %)Data Modelling
57 (3.182 %)Asset Management
57 (3.182 %)Business Analysis
66 (2.727 %)Fund Management
66 (2.727 %)OO
74 (1.818 %)Greeks
83 (1.364 %)Systems Analysis
83 (1.364 %)Migration
92 (0.909 %)Stakeholder Management
92 (0.909 %)Agile Software Development
92 (0.909 %)Requirements Analysis
101 (0.455 %)Risk Analysis
101 (0.455 %)Software Testing
101 (0.455 %)RAD
101 (0.455 %)PRINCE2
101 (0.455 %)Workflow
IT Contractor Job Market, Programming LanguagesProgramming Languages
165 (29.55 %)C++
238 (17.27 %)C#
320 (9.091 %)SQL
416 (7.273 %)Java
510 (4.545 %)VBA
68 (3.636 %)Perl
77 (3.182 %)C
86 (2.727 %)PL/SQL
95 (2.273 %)VB
104 (1.818 %)Transact-SQL
104 (1.818 %)VBScript
112 (0.909 %)VC++
121 (0.455 %)Korn
IT Contractor Job Market, QualificationsQualifications
16 (2.727 %)Degree
21 (0.455 %)PMP
21 (0.455 %)PMI Certification
IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
11 (0.455 %)QA
IT Contractor Job Market, Systems ManagementSystems Management
14 (1.818 %)AutoSys
IT Contractor Job Market, VendorsVendors
126 (11.82 %)Murex
225 (11.36 %)Calypso
312 (5.455 %)Oracle
44 (1.818 %)Reuters
44 (1.818 %)Bloomberg
44 (1.818 %)StatPro
44 (1.818 %)SunGard
44 (1.818 %)GL TRADE
44 (1.818 %)SimCorp
44 (1.818 %)Advent
53 (1.364 %)Fidessa
62 (0.909 %)OpenLink
71 (0.455 %)Microsoft
71 (0.455 %)Yolus
71 (0.455 %)TIBCO
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IT Jobs Watch, Tracking the IT Job Market
Updated 25 July 2008
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