Period
to 18 November 2017

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 6 months to 18 November 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
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 227 240 268
Rank change year-on-year +13 +28 +26
Contract jobs citing SimCorp 22 7 5
As % of all contract IT jobs advertised in the City of London 0.31% 0.10% 0.054%
As % of the Vendors category 0.81% 0.25% 0.13%
Number of daily rates quoted 4 2 5
City of London median daily rate £360 £375 £550
Median daily rate % change year-on-year -4.00% -31.82% +4.76%
10th Percentile £355 £363 £495
90th Percentile £365 £388 £663
Central London median daily rate £360 £375 £550
% change year-on-year -4.00% -31.82% +4.76%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central 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 contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in the City of London.

All Vendors
City of London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 2700 2853 3899
As % of all contract IT jobs advertised in the City of London 38.14% 42.52% 42.17%
Number of daily rates quoted 2028 2136 2920
City of London median daily rate £488 £450 £435
Median daily rate % change year-on-year +8.33% +3.45% +2.35%
10th Percentile £277 £275 £250
90th Percentile £675 £638 £632
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 60 48 76
City of London median hourly rate £17.50 £19.00 £17.50
Median hourly rate % change year-on-year -7.89% +8.57% -2.04%
10th Percentile £11.25 £11.25 £11.09
90th Percentile £30.75 £55.00 £27.08
Central London median hourly rate £18.00 £18.23 £17.50
% change year-on-year -1.23% +4.14% -0.75%

SimCorp
Job Vacancy Trend in the City of London

Job postings citing SimCorp as a percentage of all IT jobs advertised in the City of London.

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 18 November 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 21 (95.45%) Asset Management
2 19 (86.36%) SimCorp Dimension
3 17 (77.27%) Investment Management
4 12 (54.55%) Hedge funds
4 12 (54.55%) Data Governance
4 12 (54.55%) Markit EDM
4 12 (54.55%) Charles River
4 12 (54.55%) Data Management
5 8 (36.36%) Equities
5 8 (36.36%) Front Office
5 8 (36.36%) Finance
6 5 (22.73%) SQL
6 5 (22.73%) Fund Management
7 3 (13.64%) Derivative
7 3 (13.64%) VBA
7 3 (13.64%) Unix
7 3 (13.64%) BusinessObjects
7 3 (13.64%) Foreign Exchange (FX)
7 3 (13.64%) Management Information System
7 3 (13.64%) Fixed Income
7 3 (13.64%) Global One
8 2 (9.09%) Serena
8 2 (9.09%) Agile Software Development
8 2 (9.09%) Retail
8 2 (9.09%) Business Analysis
8 2 (9.09%) Change Management
8 2 (9.09%) Financial Institution
8 2 (9.09%) Perl
8 2 (9.09%) Scrum
8 2 (9.09%) Microsoft

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 19 (86.36%) SimCorp Dimension
2 12 (54.55%) Markit EDM
3 3 (13.64%) Global One
Database & Business Intelligence
1 3 (13.64%) BusinessObjects
Development Applications
1 2 (9.09%) Team Foundation Server
General
1 8 (36.36%) Finance
1 8 (36.36%) Front Office
2 2 (9.09%) Financial Institution
2 2 (9.09%) Retail
3 1 (4.55%) French Language
Job Titles
1 20 (90.91%) Analyst
2 12 (54.55%) Data Analyst
3 5 (22.73%) Asset Management Analyst
4 3 (13.64%) Functional Analyst
4 3 (13.64%) SAP BusinessObjects (BO) Analyst
4 3 (13.64%) SQL Analyst
4 3 (13.64%) SQL Support Analyst
4 3 (13.64%) Support Analyst
5 2 (9.09%) Asset Management Business Analyst
5 2 (9.09%) Business Analyst
5 2 (9.09%) Business Support Analyst
5 2 (9.09%) Developer
5 2 (9.09%) Front Office Business Analyst
5 2 (9.09%) SimCorp Developer
6 1 (4.55%) Applications Support Analyst
6 1 (4.55%) Senior Applications Support
6 1 (4.55%) Senior Support Analyst
6 1 (4.55%) SimCorp Analyst
6 1 (4.55%) Unix Analyst
6 1 (4.55%) Unix Support Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) COM
Miscellaneous
1 12 (54.55%) Hedge funds
2 8 (36.36%) Equities
3 3 (13.64%) Derivative
3 3 (13.64%) Fixed Income
3 3 (13.64%) Foreign Exchange (FX)
3 3 (13.64%) Management Information System
Operating Systems
1 3 (13.64%) Unix
Processes & Methodologies
1 21 (95.45%) Asset Management
2 17 (77.27%) Investment Management
3 12 (54.55%) Data Governance
3 12 (54.55%) Data Management
4 5 (22.73%) Fund Management
5 2 (9.09%) Agile Software Development
5 2 (9.09%) Business Analysis
5 2 (9.09%) Change Management
5 2 (9.09%) Fund Accounting
5 2 (9.09%) Scrum
Programming Languages
1 5 (22.73%) SQL
2 3 (13.64%) VBA
3 2 (9.09%) Perl
Qualifications
1 2 (9.09%) CFA
Quality Assurance & Compliance
1 2 (9.09%) QA
Vendors
1 12 (54.55%) Charles River
2 2 (9.09%) Microsoft
2 2 (9.09%) Serena