Period
to 23 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 Sophis products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Sophis over the 6 months to 23 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 Misys FusionCapital Sophis.

Sophis
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 247 237 -
Rank change year-on-year -10 - +303
Contract jobs citing Sophis 1 4 0
As % of all contract IT jobs advertised in the City of London 0.014% 0.060% -
As % of the Vendors category 0.037% 0.14% -
Number of daily rates quoted 1 4 0
City of London median daily rate £575 £481 -
Median daily rate % change year-on-year +19.48% - -
Central London median daily rate £575 £519 -
% change year-on-year +10.84% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central 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 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 2737 2874 3808
As % of all contract IT jobs advertised in the City of London 38.34% 42.91% 42.11%
Number of daily rates quoted 2059 2149 2852
City of London median daily rate £488 £450 £435
Median daily rate % change year-on-year +8.33% +3.45% +2.35%
10th Percentile £275 £277 £250
90th Percentile £675 £638 £637
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 58 47 72
City of London median hourly rate £18.00 £19.00 £17.50
Median hourly rate % change year-on-year -5.26% +8.57% -2.04%
10th Percentile £11.25 £11.50 £11.18
90th Percentile £30.75 £55.00 £25.82
Central London median hourly rate £18.70 £18.45 £17.50
% change year-on-year +1.36% +5.43% -2.04%

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

For the 6 months to 23 November 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 1 (100.00%) OO
1 1 (100.00%) Finance
1 1 (100.00%) Equities
1 1 (100.00%) Derivative
1 1 (100.00%) Equity Derivative

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:

General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Sophis Developer
Miscellaneous
1 1 (100.00%) Derivative
1 1 (100.00%) Equities
1 1 (100.00%) Equity Derivative
Processes & Methodologies
1 1 (100.00%) OO