The table below looks at the statistics for Summit skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Summit over the 3 months to 2 December 2016 with a comparison to the same period over 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.

3 months to
2 Dec 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 601 609 602
Rank change year-on-year
+8 -7
Contract jobs citing Summit 27 36 36
As % of all contract IT jobs located in the UK 0.054% 0.065% 0.062%
As % of the Business Applications category 0.63% 0.78% 0.68%
Number of daily rates quoted 20 15 25
Median daily rate £500 £550 £530
Median daily rate % change year-on-year
-9.09% +3.77%
90% offered a daily rate of more than £400 £275 £384
10% offered a daily rate of more than £658 £720 £590
UK excluding London median daily rate £538 £500 -
% change year-on-year
+7.50% -
Number of hourly rates quoted 0 1 0
Median hourly rate - £25.00 -
UK excluding London median hourly rate - - -

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

Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4320 4630 5257
As % of all contract IT jobs located in the UK 8.61% 8.33% 9.10%
Number of daily rates quoted 2694 2608 3089
Median daily rate £450 £438 £438
Median daily rate % change year-on-year
+2.85% -
90% offered a daily rate of more than £325 £300 £286
10% offered a daily rate of more than £600 £575 £600
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 40 83 44
Median hourly rate £17.50 £35.00 £24.00
Median hourly rate % change year-on-year
-50.00% +45.83%
90% offered a hourly rate of more than £5.00 £17.48 £11.80
10% offered a hourly rate of more than £42.12 £52.47 £71.60
UK excluding London median hourly rate £23.00 £39.14 £24.00
% change year-on-year
-41.22% +63.06%

Summit
Jobs Demand Trend

The demand trend of contract jobs citing Summit as a proportion of all IT contracts with a match in the Business Applications category.

Summit Jobs Demand Trend in the UK

Summit
Daily Rate Trend

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

Summit Daily Rate Trend in the UK

Summit
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Summit within the UK over the 3 months to 2 December 2016.

Summit Daily Rate Histogram in the UK

Summit
Hourly Rate Trend

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

Summit Hourly Rate Trend in the UK

Summit
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Summit within the UK over the 3 months to 2 December 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +4 27 £500 -9.09%
London -13 25 £500 -9.09%
City of London -8 5 £525 -22.22%
Kent - 1 £625 -
South East - 1 £625 -
East of England - 1 £450 -
Essex - 1 £450 -

Summit
Top 30 Related IT Skills

For the 6 months to 2 December 2016, IT contractor jobs citing Summit also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Summit.

1 31 (65.96%) Murex
2 30 (63.83%) Finance
3 23 (48.94%) Front Office
4 21 (44.68%) SQL
5 19 (40.43%) Banking
6 17 (36.17%) Derivative
7 16 (34.04%) Foreign Exchange (FX)
8 15 (31.91%) Unix
9 14 (29.79%) Calypso
10 10 (21.28%) Risk Management
10 10 (21.28%) Windows
11 9 (19.15%) Business Analysis
11 9 (19.15%) Agile Software Development
12 8 (17.02%) Fixed Income
12 8 (17.02%) Stakeholder Management
13 7 (14.89%) Oracle
13 7 (14.89%) Perl
13 7 (14.89%) Project Management
13 7 (14.89%) Retail
13 7 (14.89%) JIRA
14 6 (12.77%) ION Trading
14 6 (12.77%) Investment Banking
14 6 (12.77%) User Acceptance Testing
14 6 (12.77%) Oracle General Ledger
14 6 (12.77%) MiFID
14 6 (12.77%) Java
14 6 (12.77%) Windows Server
15 5 (10.64%) Analytical Skills
15 5 (10.64%) IIS
15 5 (10.64%) MS Project

Summit
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (10.64%) IIS
2 1 (2.13%) Cloud Foundry
2 1 (2.13%) OpenStack
Applications
1 5 (10.64%) MS Excel
1 5 (10.64%) MS PowerPoint
1 5 (10.64%) MS Project
2 4 (8.51%) MS Office
3 2 (4.26%) MS Visio
Business Applications
1 6 (12.77%) Oracle General Ledger
2 2 (4.26%) Orchestrade
3 1 (2.13%) Oracle Cash Management
Cloud Services
1 1 (2.13%) Amazon AWS
1 1 (2.13%) Heroku
1 1 (2.13%) Microsoft Azure
1 1 (2.13%) PaaS
Database & Business Intelligence
1 3 (6.38%) KDB
2 1 (2.13%) Apache Cassandra
2 1 (2.13%) Redis
Development Applications
1 7 (14.89%) JIRA
2 2 (4.26%) Eclipse
General
1 30 (63.83%) Finance
2 23 (48.94%) Front Office
3 19 (40.43%) Banking
4 7 (14.89%) Retail
5 6 (12.77%) Investment Banking
6 3 (6.38%) Financial Institution
7 1 (2.13%) French Language
7 1 (2.13%) Legal
Job Titles
1 17 (36.17%) Analyst
2 14 (29.79%) Business Analyst
3 11 (23.40%) Developer
4 7 (14.89%) Project Manager
5 6 (12.77%) Applications Support
5 6 (12.77%) IT Manager
5 6 (12.77%) IT Project Manager
6 4 (8.51%) Lead Business Analyst
6 4 (8.51%) Support Analyst
7 3 (6.38%) .NET Project Manager
7 3 (6.38%) Business IT Analyst
7 3 (6.38%) Finance Manager
7 3 (6.38%) Finance Project Manager
7 3 (6.38%) IT Analyst
7 3 (6.38%) IT Business Analyst
7 3 (6.38%) IT Finance Manager
7 3 (6.38%) Java Developer
7 3 (6.38%) Murex Support
7 3 (6.38%) Summit Developer
7 3 (6.38%) Systems Support
Libraries, Frameworks & Software Standards
1 4 (8.51%) .NET
2 2 (4.26%) Spring
3 1 (2.13%) CORBA
3 1 (2.13%) RabbitMQ
3 1 (2.13%) STL
3 1 (2.13%) Web Services
Miscellaneous
1 17 (36.17%) Derivative
2 16 (34.04%) Foreign Exchange (FX)
3 8 (17.02%) Fixed Income
4 5 (10.64%) Analytical Skills
5 4 (8.51%) Credit Derivative
5 4 (8.51%) Market Risk
6 2 (4.26%) Data Structures
7 1 (2.13%) Data Centre
7 1 (2.13%) Equities
7 1 (2.13%) Hedge funds
7 1 (2.13%) Replication
7 1 (2.13%) SWIFT
Operating Systems
1 15 (31.91%) Unix
2 10 (21.28%) Windows
3 6 (12.77%) Windows Server
4 2 (4.26%) Linux
Processes & Methodologies
1 10 (21.28%) Risk Management
2 9 (19.15%) Agile Software Development
2 9 (19.15%) Business Analysis
3 8 (17.02%) Stakeholder Management
4 7 (14.89%) Project Management
5 6 (12.77%) User Acceptance Testing
6 4 (8.51%) Algorithmic Trading
6 4 (8.51%) Collateral Management
6 4 (8.51%) Data Analysis
6 4 (8.51%) Electronic Trading
6 4 (8.51%) PRINCE2
7 3 (6.38%) Change Control
7 3 (6.38%) Migration
7 3 (6.38%) Multithreading
7 3 (6.38%) Quality Management
7 3 (6.38%) Software Delivery
7 3 (6.38%) Stakeholder and Relationship Management
7 3 (6.38%) Supplier Management
8 2 (4.26%) Data Cleansing
8 2 (4.26%) Unit Testing
Programming Languages
1 21 (44.68%) SQL
2 7 (14.89%) Perl
3 6 (12.77%) Java
4 3 (6.38%) C#
4 3 (6.38%) C++
4 3 (6.38%) VBA
5 2 (4.26%) C
5 2 (4.26%) Shell Script
6 1 (2.13%) Bash Shell
6 1 (2.13%) Go
6 1 (2.13%) Ruby
Qualifications
1 4 (8.51%) Degree
Quality Assurance & Compliance
1 6 (12.77%) MiFID
2 5 (10.64%) QA
3 4 (8.51%) EMIR
3 4 (8.51%) FATCA
System Software
1 1 (2.13%) Tivoli Workload Scheduler
1 1 (2.13%) vSphere
Systems Management
1 5 (10.64%) Control-M
2 1 (2.13%) Tivoli
Vendors
1 31 (65.96%) Murex
2 14 (29.79%) Calypso
3 7 (14.89%) Oracle
4 6 (12.77%) ION Trading
5 4 (8.51%) Bloomberg
5 4 (8.51%) HP
5 4 (8.51%) IBM
5 4 (8.51%) SunGard
6 2 (4.26%) Sophis
6 2 (4.26%) TIBCO
6 2 (4.26%) Tradeweb
7 1 (2.13%) Yolus