The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of SimCorp products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SimCorp over the 3 months to 26 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 SimCorp.

SimCorp
London / City of London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 157 164 -
Rank change year-on-year +7 -  
Contract jobs citing SimCorp 12 1 0
As % of all contract IT jobs advertised in the City of London 0.36% 0.030% -
As % of the Vendors category 0.95% 0.074% -
Number of daily rates quoted 0 1 0
Median daily rate - £763 -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

SimCorp 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 1258 1344 2456
As % of all contract IT job vacancies advertised in the City of London 37.91% 40.42% 42.29%
Number of daily rates quoted 914 1036 1823
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 65
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 £10.95
10% offered a hourly rate of more than £26.92 £26.00 £45.00
UK excluding London median hourly rate £17.50 £20.50 £18.07
% change year-on-year -14.63% +13.44%  

SimCorp
Job Vacancy Trend in the City of London

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

Job vacancy trend for SimCorp in the City of London

SimCorp
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 SimCorp in the City of London.

Contractor daily rate trend for SimCorp in the City of London

For the 6 months to 26 June 2017, IT contractor jobs citing SimCorp 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 SimCorp.

1 18 (90.00%) Asset Management
2 14 (70.00%) SimCorp Dimension
3 13 (65.00%) Investment Management
4 12 (60.00%) SQL
5 10 (50.00%) Finance
6 8 (40.00%) Charles River
7 7 (35.00%) Hedge funds
7 7 (35.00%) Data Governance
7 7 (35.00%) Markit EDM
7 7 (35.00%) Data Management
8 6 (30.00%) Derivative
8 6 (30.00%) Equities
8 6 (30.00%) Management Information System
8 6 (30.00%) Front Office
8 6 (30.00%) Foreign Exchange (FX)
9 5 (25.00%) Unix
9 5 (25.00%) VBA
9 5 (25.00%) BusinessObjects
9 5 (25.00%) Global One
9 5 (25.00%) Agile Software Development
10 4 (20.00%) CFA
10 4 (20.00%) QA
10 4 (20.00%) Team Foundation Server
10 4 (20.00%) Fund Accounting
10 4 (20.00%) Serena
10 4 (20.00%) Financial Institution
10 4 (20.00%) Scrum
10 4 (20.00%) Perl
10 4 (20.00%) Microsoft
11 3 (15.00%) XML

SimCorp
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:

Business Applications
1 14 (70.00%) SimCorp Dimension
2 7 (35.00%) Markit EDM
3 5 (25.00%) Global One
4 3 (15.00%) Minerva
5 1 (5.00%) Bloomberg AIM
5 1 (5.00%) thinkFolio
Communications & Networking
1 2 (10.00%) FIX Connectivity
Database & Business Intelligence
1 5 (25.00%) BusinessObjects
Development Applications
1 4 (20.00%) Team Foundation Server
General
1 10 (50.00%) Finance
2 6 (30.00%) Front Office
3 4 (20.00%) Financial Institution
4 3 (15.00%) Retail
Job Titles
1 15 (75.00%) Analyst
2 7 (35.00%) Data Analyst
3 5 (25.00%) SAP BusinessObjects (BO) Analyst
3 5 (25.00%) Support Analyst
4 4 (20.00%) Business Support Analyst
4 4 (20.00%) Developer
4 4 (20.00%) SimCorp Developer
4 4 (20.00%) SQL Analyst
4 4 (20.00%) SQL Support Analyst
5 3 (15.00%) Business Analyst
5 3 (15.00%) FIX Analyst
5 3 (15.00%) FIX Business Analyst
6 2 (10.00%) Functional Analyst
6 2 (10.00%) Functional Business Analyst
7 1 (5.00%) Asset Management Project Manager
7 1 (5.00%) Consultant
7 1 (5.00%) SimCorp Analyst
7 1 (5.00%) SimCorp Business Analyst
7 1 (5.00%) Unix Analyst
7 1 (5.00%) Unix Support
Libraries, Frameworks & Software Standards
1 3 (15.00%) XML
2 1 (5.00%) COM
2 1 (5.00%) FIX Protocol
Miscellaneous
1 7 (35.00%) Hedge funds
2 6 (30.00%) Derivative
2 6 (30.00%) Equities
2 6 (30.00%) Foreign Exchange (FX)
2 6 (30.00%) Management Information System
3 1 (5.00%) Fixed Income
Operating Systems
1 5 (25.00%) Unix
Processes & Methodologies
1 18 (90.00%) Asset Management
2 13 (65.00%) Investment Management
3 7 (35.00%) Data Governance
3 7 (35.00%) Data Management
4 5 (25.00%) Agile Software Development
5 4 (20.00%) Fund Accounting
5 4 (20.00%) Scrum
6 1 (5.00%) Project Management
6 1 (5.00%) Waterfall
Programming Languages
1 12 (60.00%) SQL
2 5 (25.00%) VBA
3 4 (20.00%) Perl
Qualifications
1 4 (20.00%) CFA
Quality Assurance & Compliance
1 4 (20.00%) QA
Vendors
1 8 (40.00%) Charles River
2 4 (20.00%) Microsoft
2 4 (20.00%) Serena
3 2 (10.00%) Fidessa
4 1 (5.00%) Bloomberg
City, London
Paw Associates Ltd
Rate: Market Rate
Posted: 3 days ago