The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Murex products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Murex over the 3 months to 25 June 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never 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 Murex S.A.S..

Murex
London / City of London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 141 149 196
Rank change year-on-year +8 +47  
Contract jobs citing Murex 22 17 6
As % of all contract IT jobs advertised in the City of London 0.67% 0.51% 0.10%
As % of the Vendors category 1.77% 1.27% 0.24%
Number of daily rates quoted 17 13 5
Median daily rate £600 £700 £500
Median daily rate % change year-on-year -14.28% +40.00%  
90% offered a daily rate of more than £413 £605 £335
10% offered a daily rate of more than £745 £750 £618
UK excluding London median daily rate £550 £450 £500
% change year-on-year +22.22% -9.90%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Murex is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in the City of London.

Contract Vendor Product & Service Skills
City of London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 1241 1342 2468
As % of all contract IT job vacancies advertised in the City of London 37.89% 40.39% 42.40%
Number of daily rates quoted 902 1034 1828
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 20 17 68
Median hourly rate £21.40 £19.00 £17.98
Median hourly rate % change year-on-year +12.63% +5.67%  
90% offered a hourly rate of more than £14.00 £12.50 £11.00
10% offered a hourly rate of more than £26.92 £26.00 £41.00
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

Murex
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Murex as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for Murex in the City of London

Murex
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Murex in the City of London.

Contractor daily rate trend for Murex in the City of London

Murex
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Murex in the City of London over the 3 months to 25 June 2017.

Contractor daily rate histogram for Murex in the City of London

Murex
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Murex in the City of London.

Contractor hourly rate trend for Murex in the City of London

For the 6 months to 25 June 2017, IT contractor jobs citing Murex also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Murex.

1 21 (56.76%) Finance
2 20 (54.05%) Foreign Exchange (FX)
3 16 (43.24%) Banking
4 13 (35.14%) Front Office
5 10 (27.03%) SQL
5 10 (27.03%) Derivative
5 10 (27.03%) Murex MxML
6 9 (24.32%) User Acceptance Testing
7 8 (21.62%) Summit
7 8 (21.62%) Agile Software Development
7 8 (21.62%) Fixed Income
8 7 (18.92%) Investment Banking
9 6 (16.22%) MiFID
9 6 (16.22%) Oracle
9 6 (16.22%) Linux
10 5 (13.51%) Relational Database
10 5 (13.51%) Calypso
11 4 (10.81%) Bloomberg
11 4 (10.81%) Unix
11 4 (10.81%) RDBMS
11 4 (10.81%) Java
11 4 (10.81%) Shell Script
11 4 (10.81%) JIRA
11 4 (10.81%) Data Mart
11 4 (10.81%) Business Analysis
11 4 (10.81%) Migration
11 4 (10.81%) Release Management
11 4 (10.81%) Bloomberg TOMS
11 4 (10.81%) ION MarketView
12 3 (8.11%) KYC

Murex
Co-occurring IT Skills in the City of London 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 3 (8.11%) MQSeries
2 1 (2.70%) Confluence
2 1 (2.70%) IIS
2 1 (2.70%) Tomcat
Business Applications
1 8 (21.62%) Summit
2 4 (10.81%) Bloomberg TOMS
2 4 (10.81%) ION MarketView
3 2 (5.41%) Kondor
4 1 (2.70%) Sentinel
Communications & Networking
1 2 (5.41%) Firewall
2 1 (2.70%) Internet
Database & Business Intelligence
1 5 (13.51%) Relational Database
2 4 (10.81%) Data Mart
2 4 (10.81%) RDBMS
3 1 (2.70%) Oracle Database
3 1 (2.70%) Oracle Reports
Development Applications
1 4 (10.81%) JIRA
2 2 (5.41%) Team Foundation Server
3 1 (2.70%) Atlassian Bamboo
3 1 (2.70%) Git (software)
3 1 (2.70%) Selenium
General
1 21 (56.76%) Finance
2 16 (43.24%) Banking
3 13 (35.14%) Front Office
4 7 (18.92%) Investment Banking
5 3 (8.11%) Back Office
6 1 (2.70%) French Language
6 1 (2.70%) Spanish Language
Job Titles
1 16 (43.24%) Analyst
2 11 (29.73%) Developer
3 8 (21.62%) Business Analyst
4 7 (18.92%) Credit Analyst
4 7 (18.92%) Murex Developer
4 7 (18.92%) Test Analyst
5 6 (16.22%) Business Test Analyst
5 6 (16.22%) FX Test Analyst
6 4 (10.81%) Banking Analyst
7 3 (8.11%) Fixed Income Business Analyst
7 3 (8.11%) Integration Developer
7 3 (8.11%) Investment Banking Business Analyst
7 3 (8.11%) Java Developer
7 3 (8.11%) Senior Developer
7 3 (8.11%) Senior Murex Developer
8 2 (5.41%) C# Developer
8 2 (5.41%) Front Office Business Analyst
8 2 (5.41%) FX Business Analyst
8 2 (5.41%) Murex Support
8 2 (5.41%) Project Manager
Libraries, Frameworks & Software Standards
1 10 (27.03%) Murex MxML
2 3 (8.11%) XSLT
3 2 (5.41%) HTML
4 1 (2.70%) AngularJS
4 1 (2.70%) D3.js
4 1 (2.70%) FIX Protocol
4 1 (2.70%) Gherkin
4 1 (2.70%) HTML5
4 1 (2.70%) JDBC
4 1 (2.70%) JPA
4 1 (2.70%) jQuery
4 1 (2.70%) Node.js
4 1 (2.70%) Rendezvous
4 1 (2.70%) Spring
4 1 (2.70%) Spring MVC
4 1 (2.70%) Spring Web Flow
4 1 (2.70%) TIBCO EMS
4 1 (2.70%) Ultra Messaging
4 1 (2.70%) XML
4 1 (2.70%) XSL
Miscellaneous
1 20 (54.05%) Foreign Exchange (FX)
2 10 (27.03%) Derivative
3 8 (21.62%) Fixed Income
4 2 (5.41%) Market Risk
5 1 (2.70%) CMDB
5 1 (2.70%) Credit Risk
5 1 (2.70%) Data Centre
5 1 (2.70%) Equities
5 1 (2.70%) Fintech
5 1 (2.70%) Hedge funds
5 1 (2.70%) Interest Rate Derivative
5 1 (2.70%) Online Banking
5 1 (2.70%) OTC Derivatives
5 1 (2.70%) User Experience
5 1 (2.70%) Virtual Team
5 1 (2.70%) Wiki
Operating Systems
1 6 (16.22%) Linux
2 4 (10.81%) Unix
3 3 (8.11%) Windows
4 1 (2.70%) Windows Server
Processes & Methodologies
1 9 (24.32%) User Acceptance Testing
2 8 (21.62%) Agile Software Development
3 4 (10.81%) Business Analysis
3 4 (10.81%) Migration
3 4 (10.81%) Release Management
4 3 (8.11%) Greeks
4 3 (8.11%) KYC
4 3 (8.11%) Multithreading
4 3 (8.11%) Project Management
4 3 (8.11%) Risk Management
4 3 (8.11%) Stakeholder Management
5 2 (5.41%) Collateral Management
5 2 (5.41%) Electronic Trading
5 2 (5.41%) Low Latency
5 2 (5.41%) Multithreaded Programming
5 2 (5.41%) Performance Optimisation
5 2 (5.41%) Scrum
5 2 (5.41%) TDD
5 2 (5.41%) Validation
6 1 (2.70%) MVC
Programming Languages
1 10 (27.03%) SQL
2 4 (10.81%) Java
2 4 (10.81%) Shell Script
3 3 (8.11%) JavaScript
3 3 (8.11%) PL/SQL
4 2 (5.41%) C#
4 2 (5.41%) Perl
4 2 (5.41%) Python
5 1 (2.70%) Bash Shell
5 1 (2.70%) C
5 1 (2.70%) C++
5 1 (2.70%) Korn
5 1 (2.70%) PowerShell
Qualifications
1 1 (2.70%) Degree
Quality Assurance & Compliance
1 6 (16.22%) MiFID
2 1 (2.70%) SLA
Systems Management
1 2 (5.41%) Control-M
2 1 (2.70%) BladeLogic
Vendors
1 6 (16.22%) Oracle
2 5 (13.51%) Calypso
3 4 (10.81%) Bloomberg
4 3 (8.11%) ION Trading
4 3 (8.11%) Sybase
5 2 (5.41%) Fidessa
6 1 (2.70%) Atlassian
6 1 (2.70%) Remedy
6 1 (2.70%) Sophis
6 1 (2.70%) TIBCO