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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 633 634 578
Rank change year-on-year
+1 -56
Contract jobs citing Summit 23 15 20
As % of all contract IT jobs located in the UK 0.042% 0.027% 0.038%
As % of the Business Applications category 0.54% 0.33% 0.40%
Number of daily rates quoted 11 8 15
Median daily rate £600 £675 £563
Median daily rate % change year-on-year
-11.11% +20.00%
90% offered a daily rate of more than £350 £528 £480
10% offered a daily rate of more than £675 £698 £700
UK excluding London median daily rate £363 - £563
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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
4228 4495 4963
As % of all contract IT jobs located in the UK 7.75% 8.14% 9.40%
Number of daily rates quoted 2606 2550 2787
Median daily rate £438 £450 £425
Median daily rate % change year-on-year
-2.77% +5.88%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £575 £600 £581
UK excluding London median daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 44 46 54
Median hourly rate £26.75 £22.50 £35.00
Median hourly rate % change year-on-year
+18.88% -35.71%
90% offered a hourly rate of more than £10.00 £16.00 £16.50
10% offered a hourly rate of more than £51.75 £56.00 £52.50
UK excluding London median hourly rate £32.50 £22.50 £37.49
% change year-on-year
+44.44% -39.98%

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 28 May 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 9 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 28 May 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 -13 16 £638 -5.55% 3
London -12 14 £675 - 3
Glasgow - 7 £350 - 1
Scotland - 7 £350 - 1
City of London +38 4 £575 -14.81% 2
South East - 1 £520 -
East of England - 1 £363 -
Essex - 1 £363 -
Docklands, London - 1 £600 -

Summit
Top 30 Related IT Skills

For the 6 months to 28 May 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 35 (63.64%) Murex
2 33 (60.00%) Calypso
3 24 (43.64%) Finance
4 21 (38.18%) Banking
5 17 (30.91%) Retail
6 14 (25.45%) Investment Banking
6 14 (25.45%) EMIR
7 13 (23.64%) Derivative
7 13 (23.64%) Migration
7 13 (23.64%) SQL
8 12 (21.82%) Foreign Exchange (FX)
8 12 (21.82%) MiFID
9 11 (20.00%) Stakeholder Management
10 10 (18.18%) Back Office
10 10 (18.18%) Market Risk
10 10 (18.18%) Change Management
11 9 (16.36%) Java
11 9 (16.36%) Hedge funds
11 9 (16.36%) AIFMD
11 9 (16.36%) Algorithmic Trading
11 9 (16.36%) OTC Derivatives
12 8 (14.55%) SunGard
12 8 (14.55%) HP
13 7 (12.73%) Programme Management
13 7 (12.73%) XML
13 7 (12.73%) Risk Management
13 7 (12.73%) User Acceptance Testing
14 6 (10.91%) Integration Testing
14 6 (10.91%) Data Migration
14 6 (10.91%) Release Management

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 2 (3.64%) SAS
2 1 (1.82%) Cloud Foundry
2 1 (1.82%) MS Exchange
2 1 (1.82%) OpenStack
Applications
1 2 (3.64%) MS Excel
Business Applications
1 1 (1.82%) Oracle Cash Management
Cloud Services
1 1 (1.82%) Amazon AWS
1 1 (1.82%) Heroku
1 1 (1.82%) Microsoft Azure
1 1 (1.82%) PaaS
Database & Business Intelligence
1 4 (7.27%) Data Warehouse
2 2 (3.64%) MS Access
3 1 (1.82%) Apache Cassandra
3 1 (1.82%) Data Mart
3 1 (1.82%) Oracle Database
3 1 (1.82%) QlikView
3 1 (1.82%) Redis
3 1 (1.82%) SQL Server
Development Applications
1 1 (1.82%) JIRA
General
1 24 (43.64%) Finance
2 21 (38.18%) Banking
3 17 (30.91%) Retail
4 14 (25.45%) Investment Banking
5 10 (18.18%) Back Office
6 5 (9.09%) Front Office
7 2 (3.64%) Manufacturing
7 2 (3.64%) Retail Banking
7 2 (3.64%) Telecoms
8 1 (1.82%) Financial Institution
8 1 (1.82%) Legal
Job Titles
1 19 (34.55%) Analyst
2 16 (29.09%) Business Analyst
3 10 (18.18%) Investment Banking Business Analyst
3 10 (18.18%) Project Manager
3 10 (18.18%) Report Analyst
4 9 (16.36%) Banking Analyst
4 9 (16.36%) Regulatory Business Analyst
4 9 (16.36%) Regulatory Reporting Business Analyst
5 8 (14.55%) Applications Support
6 6 (10.91%) Developer
7 5 (9.09%) Investment Banking Project Manager
7 5 (9.09%) Java Developer
7 5 (9.09%) Lead Developer
7 5 (9.09%) Lead Java Developer
8 3 (5.45%) Murex Project Manager
9 2 (3.64%) Consultant
9 2 (3.64%) Data Business Analyst
9 2 (3.64%) Derivatives Project Manager
9 2 (3.64%) Murex Support
9 2 (3.64%) Support Analyst
Libraries, Frameworks & Software Standards
1 7 (12.73%) XML
2 6 (10.91%) JMS
3 1 (1.82%) FpML
3 1 (1.82%) Murex MxML
3 1 (1.82%) RabbitMQ
3 1 (1.82%) Web Services
Miscellaneous
1 13 (23.64%) Derivative
2 12 (21.82%) Foreign Exchange (FX)
3 10 (18.18%) Market Risk
4 9 (16.36%) Hedge funds
4 9 (16.36%) OTC Derivatives
5 3 (5.45%) Fixed Income
6 1 (1.82%) Analytical Skills
6 1 (1.82%) Interest Rate Derivative
6 1 (1.82%) User Experience
Operating Systems
1 3 (5.45%) Unix
1 3 (5.45%) Windows
2 1 (1.82%) Windows Server
Processes & Methodologies
1 13 (23.64%) Migration
2 11 (20.00%) Stakeholder Management
3 10 (18.18%) Change Management
4 9 (16.36%) Algorithmic Trading
5 7 (12.73%) Programme Management
5 7 (12.73%) Risk Management
5 7 (12.73%) User Acceptance Testing
6 6 (10.91%) Data Migration
6 6 (10.91%) Integration Testing
6 6 (10.91%) Release Management
7 5 (9.09%) Requirements Analysis
8 3 (5.45%) Agile Software Development
8 3 (5.45%) Cash Management
8 3 (5.45%) PRINCE2
8 3 (5.45%) Project Management
8 3 (5.45%) SDLC
9 2 (3.64%) Business Analysis
9 2 (3.64%) Target Operating Model
10 1 (1.82%) Incident Management
10 1 (1.82%) Test Automation
Programming Languages
1 13 (23.64%) SQL
2 9 (16.36%) Java
3 1 (1.82%) Bash Shell
3 1 (1.82%) C
3 1 (1.82%) Go
3 1 (1.82%) Ruby
Qualifications
1 1 (1.82%) Degree
Quality Assurance & Compliance
1 14 (25.45%) EMIR
2 12 (21.82%) MiFID
3 9 (16.36%) AIFMD
4 6 (10.91%) SLA
5 4 (7.27%) Dodd-Frank
6 1 (1.82%) FATCA
System Software
1 1 (1.82%) VMware Infrastructure
1 1 (1.82%) vSphere
Vendors
1 35 (63.64%) Murex
2 33 (60.00%) Calypso
3 8 (14.55%) HP
3 8 (14.55%) SunGard
4 5 (9.09%) Fidessa
5 3 (5.45%) Oracle
6 1 (1.82%) Bloomberg
6 1 (1.82%) CheckPoint
6 1 (1.82%) Cisco
6 1 (1.82%) IBM
6 1 (1.82%) Microsoft
6 1 (1.82%) Misys
6 1 (1.82%) Reuters
6 1 (1.82%) VMware
Glasgow, Lanarkshire
Westbourne Partners
Rate: From £300 to £550 per day
Posted: Yesterday