Period
to 25 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Summit skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Summit over the 6 months to 25 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.

Misys FusionCapital Summit
Central London > City of London
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 249 237 259
Rank change year-on-year -12 +22 +31
Contract jobs citing Summit 3 6 11
As % of all contract IT jobs advertised in the City of London 0.042% 0.090% 0.12%
As % of the Business Applications category 0.53% 1.29% 1.60%
Number of daily rates quoted 3 6 8
City of London median daily rate £525 £613 £600
Median daily rate % change year-on-year -14.29% +2.08% +11.63%
10th Percentile £428 £469 £258
90th Percentile £663 £725 £695
Central London median daily rate £525 £613 £600
% change year-on-year -14.29% +2.08% +11.63%
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £25.00
Central London median hourly rate - - £25.00

Summit is in the Business Applications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for business application skills.

All Business Application Skills
City of London
Contract vacancies with a requirement for business application skills 561 464 688
As % of all contract IT jobs advertised in the City of London 7.90% 6.97% 7.60%
Number of daily rates quoted 400 317 455
City of London median daily rate £500 £450 £463
Median daily rate % change year-on-year +11.11% -2.70% -2.63%
10th Percentile £313 £325 £275
90th Percentile £725 £655 £658
Central London median daily rate £500 £450 £463
% change year-on-year +11.11% -2.70% -
Number of hourly rates quoted 2 2 5
City of London median hourly rate £31.20 £24.75 £25.00
Median hourly rate % change year-on-year +26.06% -1.00% -10.43%
10th Percentile £23.16 £18.43 £21.65
90th Percentile £40.84 £32.08 £39.25
Central London median hourly rate £30.00 £24.75 £25.00
% change year-on-year +21.21% -1.00% -18.13%

Summit
Job Vacancy Trend in the City of London

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

Job vacancy trend for Summit in the City of London

Summit
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 Summit in the City of London.

Contractor daily rate trend for Summit in the City of London

Summit
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Summit in the City of London over the 6 months to 25 November 2017.

Contractor daily rate histogram for Summit in the City of London

Summit
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 Summit in the City of London.

Contractor hourly rate trend for Summit in the City of London

For the 6 months to 25 November 2017, IT contractor jobs citing Summit 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 Summit.

1 3 (100.00%) Front Office
1 3 (100.00%) Derivative
2 2 (66.67%) Business Analysis
2 2 (66.67%) Fixed Income
2 2 (66.67%) SQL
3 1 (33.33%) Murex
3 1 (33.33%) ISEB
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Banking

Summit
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 3 (100.00%) Front Office
2 1 (33.33%) Banking
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
1 2 (66.67%) Business IT Analyst
1 2 (66.67%) Derivatives Business Analyst
1 2 (66.67%) IT Analyst
1 2 (66.67%) IT Business Analyst
1 2 (66.67%) Summit Business Analyst
2 1 (33.33%) Tester
Miscellaneous
1 3 (100.00%) Derivative
2 2 (66.67%) Fixed Income
3 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (66.67%) Business Analysis
Programming Languages
1 2 (66.67%) SQL
Qualifications
1 1 (33.33%) ISEB
Vendors
1 1 (33.33%) Murex