The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Sophis products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Sophis over the 3 months to 28 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 Misys FusionCapital Sophis.

Sophis
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 164 - -
Rank change year-on-year - 0  
Contract jobs citing Sophis 2 0 0
As % of all contract IT jobs advertised in the City of London 0.061% - -
As % of the Vendors category 0.16% - -
Number of daily rates quoted 2 0 0
Median daily rate £475 - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Sophis 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 1236 1357 2430
As % of all contract IT job vacancies advertised in the City of London 37.88% 40.30% 42.33%
Number of daily rates quoted 1470 1944 3200
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 £250 £263 £263
10% offered a daily rate of more than £675 £650 £613
UK excluding London median daily rate £400 £375 £360
% change year-on-year +6.66% +4.16%  
Number of hourly rates quoted 37 36 119
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 £12.88 £11.25 £10.45
10% offered a hourly rate of more than £27.17 £26.00 £47.50
UK excluding London median hourly rate £17.50 £21.00 £18.07
% change year-on-year -16.66% +16.21%  

Sophis
Job Vacancy Trend in the City of London

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

Job vacancy trend for Sophis in the City of London

Sophis
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 Sophis in the City of London.

Contractor daily rate trend for Sophis in the City of London

Sophis
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Sophis in the City of London over the 3 months to 28 June 2017.

Contractor daily rate histogram for Sophis in the City of London

For the 6 months to 28 June 2017, IT contractor jobs citing Sophis 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 Sophis.

1 2 (100.00%) Finance
2 1 (50.00%) Equities
2 1 (50.00%) Data Management
2 1 (50.00%) Derivative
2 1 (50.00%) Equity Derivative
2 1 (50.00%) French Language
2 1 (50.00%) Market Risk
2 1 (50.00%) Release Management
2 1 (50.00%) PowerShell
2 1 (50.00%) Relational Database
2 1 (50.00%) Fintech
2 1 (50.00%) SQL
2 1 (50.00%) Windows
2 1 (50.00%) OO
2 1 (50.00%) Murex
2 1 (50.00%) Calypso
2 1 (50.00%) Back Office
2 1 (50.00%) Risk Management

Sophis
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:

Database & Business Intelligence
1 1 (50.00%) Relational Database
General
1 2 (100.00%) Finance
2 1 (50.00%) Back Office
2 1 (50.00%) French Language
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Applications Support
1 1 (50.00%) Applications Support Analyst
1 1 (50.00%) Developer
1 1 (50.00%) Sophis Developer
1 1 (50.00%) Support Analyst
1 1 (50.00%) Systems Support Analyst
Miscellaneous
1 1 (50.00%) Derivative
1 1 (50.00%) Equities
1 1 (50.00%) Equity Derivative
1 1 (50.00%) Fintech
1 1 (50.00%) Market Risk
Operating Systems
1 1 (50.00%) Windows
Processes & Methodologies
1 1 (50.00%) Data Management
1 1 (50.00%) OO
1 1 (50.00%) Release Management
1 1 (50.00%) Risk Management
Programming Languages
1 1 (50.00%) PowerShell
1 1 (50.00%) SQL
Vendors
1 1 (50.00%) Calypso
1 1 (50.00%) Murex