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 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Misys FusionCapital Summit
Rank 632 638 615
Rank change year-on-year
+6 -23
Contract jobs citing Summit 21 25 24
As % of all contract IT jobs located in the UK 0.039% 0.043% 0.041%
As % of the Business Applications category 0.47% 0.53% 0.44%
Number of daily rates quoted 12 12 18
Median daily rate £575 £475 £548
Median daily rate % change year-on-year
+21.05% -13.24%
90% offered a daily rate of more than £426 £276 £285
10% offered a daily rate of more than £698 £598 £568
UK excluding London median daily rate £625 £500 £190
% change year-on-year
+25.00% +163.15%
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
4476 4706 5449
As % of all contract IT jobs located in the UK 8.39% 8.11% 9.38%
Number of daily rates quoted 2718 2633 3049
Median daily rate £450 £435 £450
Median daily rate % change year-on-year
+3.44% -3.33%
90% offered a daily rate of more than £325 £280 £300
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 46 73 76
Median hourly rate £22.50 £21.57 £31.50
Median hourly rate % change year-on-year
+4.31% -31.52%
90% offered a hourly rate of more than £10.12 £11.30 £13.67
10% offered a hourly rate of more than £69.07 £50.80 £57.50
UK excluding London median hourly rate £36.00 £17.50 £32.00
% change year-on-year
+105.71% -45.31%

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 29 September 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 5 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 29 September 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 +10 21 £575 +21.05% 2
London -7 20 £550 +15.78% 1
City of London +9 2 £650 +52.94%
South East - 1 £625 -
Kent - 1 £625 -

Summit
Top 30 Related IT Skills

For the 6 months to 29 September 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 33 (76.74%) Finance
2 22 (51.16%) SQL
2 22 (51.16%) Murex
3 19 (44.19%) Calypso
4 17 (39.53%) Retail
5 14 (32.56%) Banking
6 12 (27.91%) Front Office
7 11 (25.58%) SunGard
7 11 (25.58%) HP
8 9 (20.93%) Java
8 9 (20.93%) Business Analysis
8 9 (20.93%) Derivative
9 8 (18.60%) Fixed Income
9 8 (18.60%) Unix
10 6 (13.95%) Project Management
10 6 (13.95%) JIRA
10 6 (13.95%) Agile Software Development
11 5 (11.63%) Stakeholder Management
11 5 (11.63%) MiFID
12 4 (9.30%) EMIR
12 4 (9.30%) Collateral Management
12 4 (9.30%) Analytical Skills
12 4 (9.30%) IBM
12 4 (9.30%) Bloomberg
12 4 (9.30%) Fidessa
12 4 (9.30%) MS Excel
12 4 (9.30%) Oracle
12 4 (9.30%) MS Project
12 4 (9.30%) Data Analysis
12 4 (9.30%) Investment Banking

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 1 (2.33%) Cloud Foundry
1 1 (2.33%) OpenStack
Applications
1 4 (9.30%) MS Excel
1 4 (9.30%) MS PowerPoint
1 4 (9.30%) MS Project
2 3 (6.98%) MS Office
3 2 (4.65%) MS Visio
Business Applications
1 2 (4.65%) Oracle General Ledger
2 1 (2.33%) Oracle Cash Management
Cloud Services
1 1 (2.33%) Amazon AWS
1 1 (2.33%) Heroku
1 1 (2.33%) Microsoft Azure
1 1 (2.33%) PaaS
Database & Business Intelligence
1 3 (6.98%) KDB
2 1 (2.33%) Apache Cassandra
2 1 (2.33%) Redis
Development Applications
1 6 (13.95%) JIRA
2 2 (4.65%) Eclipse
General
1 33 (76.74%) Finance
2 17 (39.53%) Retail
3 14 (32.56%) Banking
4 12 (27.91%) Front Office
5 4 (9.30%) Investment Banking
6 3 (6.98%) Financial Institution
7 1 (2.33%) Back Office
7 1 (2.33%) French Language
7 1 (2.33%) Legal
7 1 (2.33%) Retail Banking
Job Titles
1 13 (30.23%) Analyst
2 11 (25.58%) Applications Support
2 11 (25.58%) Business Analyst
3 9 (20.93%) Developer
4 7 (16.28%) Java Developer
5 6 (13.95%) Project Manager
6 5 (11.63%) IT Manager
6 5 (11.63%) IT Project Manager
7 4 (9.30%) Lead Developer
7 4 (9.30%) Lead Java Developer
8 3 (6.98%) Business IT Analyst
8 3 (6.98%) IT Analyst
8 3 (6.98%) IT Business Analyst
9 2 (4.65%) Finance Manager
9 2 (4.65%) Finance Project Manager
9 2 (4.65%) IT Finance Manager
9 2 (4.65%) Risk Manager
9 2 (4.65%) Summit Support
9 2 (4.65%) Summit Support Analyst
9 2 (4.65%) Support Analyst
Libraries, Frameworks & Software Standards
1 3 (6.98%) .NET
2 2 (4.65%) Spring
3 1 (2.33%) CORBA
3 1 (2.33%) FpML
3 1 (2.33%) RabbitMQ
3 1 (2.33%) Web Services
3 1 (2.33%) XML
Miscellaneous
1 9 (20.93%) Derivative
2 8 (18.60%) Fixed Income
3 4 (9.30%) Analytical Skills
3 4 (9.30%) Market Risk
4 3 (6.98%) Foreign Exchange (FX)
5 2 (4.65%) Credit Derivative
5 2 (4.65%) Data Structures
6 1 (2.33%) Data Centre
6 1 (2.33%) Hedge funds
6 1 (2.33%) OTC Derivatives
6 1 (2.33%) SWIFT
Operating Systems
1 8 (18.60%) Unix
2 3 (6.98%) Windows
3 2 (4.65%) Linux
Processes & Methodologies
1 9 (20.93%) Business Analysis
2 6 (13.95%) Agile Software Development
2 6 (13.95%) Project Management
3 5 (11.63%) Stakeholder Management
4 4 (9.30%) Algorithmic Trading
4 4 (9.30%) Collateral Management
4 4 (9.30%) Data Analysis
4 4 (9.30%) Electronic Trading
5 3 (6.98%) Multithreading
5 3 (6.98%) PRINCE2
5 3 (6.98%) Risk Management
6 2 (4.65%) Change Management
6 2 (4.65%) Data Cleansing
6 2 (4.65%) Matrix Organization
6 2 (4.65%) Migration
6 2 (4.65%) OOP
6 2 (4.65%) Quality Management
6 2 (4.65%) Stakeholder and Relationship Management
6 2 (4.65%) Supplier Management
6 2 (4.65%) Translating Business Requirements
Programming Languages
1 22 (51.16%) SQL
2 9 (20.93%) Java
3 2 (4.65%) C
3 2 (4.65%) C#
3 2 (4.65%) C++
3 2 (4.65%) Shell Script
4 1 (2.33%) Bash Shell
4 1 (2.33%) Go
4 1 (2.33%) Perl
4 1 (2.33%) Ruby
4 1 (2.33%) VBA
Qualifications
1 4 (9.30%) Degree
Quality Assurance & Compliance
1 5 (11.63%) MiFID
2 4 (9.30%) EMIR
2 4 (9.30%) FATCA
2 4 (9.30%) QA
System Software
1 1 (2.33%) Tivoli Workload Scheduler
1 1 (2.33%) vSphere
Systems Management
1 1 (2.33%) Tivoli
Vendors
1 22 (51.16%) Murex
2 19 (44.19%) Calypso
3 11 (25.58%) HP
3 11 (25.58%) SunGard
4 4 (9.30%) Bloomberg
4 4 (9.30%) Fidessa
4 4 (9.30%) IBM
4 4 (9.30%) Oracle
5 3 (6.98%) ION Trading
6 2 (4.65%) Sophis
6 2 (4.65%) TIBCO
6 2 (4.65%) Tradeweb
7 1 (2.33%) Yolus