The table below provides summary statistics for contract job vacancies advertised in England 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
UK / England
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 562 612 613
Rank change year-on-year +50 +1  
Contract jobs citing Sophis 21 8 9
As % of all contract IT jobs advertised in England 0.049% 0.016% 0.018%
As % of the Vendors category 0.11% 0.036% 0.040%
Number of daily rates quoted 10 7 7
Median daily rate £575 £625 £625
Median daily rate % change year-on-year -8.00% -  
UK excluding London median daily rate £575 - -
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 England.

Contract Vendor Product & Service Skills
England
Contract job vacancies with a requirement for skills associated with vendor products and/or services 19008 21981 22493
As % of all contract IT job vacancies advertised in England 43.97% 44.45% 44.80%
Number of daily rates quoted 11614 13765 13470
Median daily rate £430 £405 £400
Median daily rate % change year-on-year +6.17% +1.25%  
90% offered a daily rate of more than £251 £250 £225
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 636 738 1007
Median hourly rate £17.50 £19.00 £19.00
Median hourly rate % change year-on-year -7.89% -  
90% offered a hourly rate of more than £11.00 £11.00 £11.16
10% offered a hourly rate of more than £50.00 £42.33 £42.50
UK excluding London median hourly rate £17.50 £21.00 £18.50
% change year-on-year -16.66% +13.51%  

Sophis
Job Vacancy Trend in England

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

Job vacancy trend for Sophis in England

Sophis
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Sophis in England.

Contractor daily rate trend for Sophis in England

Sophis
Contractor Daily Rate Histogram in England

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

Contractor daily rate histogram for Sophis in England

Sophis
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Sophis in England.

Contractor hourly rate trend for Sophis in England

Sophis
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Sophis within the England region over the 3 months to 28 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +25 21 £575 -8.00% 1
Sophis
UK

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 England region with a requirement for Sophis.

1 22 (68.75%) Front Office
2 13 (40.63%) SQL
3 12 (37.50%) Finance
3 12 (37.50%) Derivative
4 11 (34.38%) Relational Database
4 11 (34.38%) Back Office
5 10 (31.25%) Agile Software Development
5 10 (31.25%) Windows
5 10 (31.25%) Murex
6 9 (28.13%) Calypso
6 9 (28.13%) Risk Management
6 9 (28.13%) Equity Derivative
6 9 (28.13%) Business Analysis
6 9 (28.13%) Release Management
7 8 (25.00%) PowerShell
7 8 (25.00%) Market Risk
7 8 (25.00%) Bloomberg
8 7 (21.88%) BPR
8 7 (21.88%) Analytical Skills
9 6 (18.75%) Target Operating Model
9 6 (18.75%) Fixed Income
10 5 (15.63%) Banking
10 5 (15.63%) Sophis RISQUE
11 4 (12.50%) Investment Banking
11 4 (12.50%) Systems Analysis
11 4 (12.50%) Exotic Derivative
11 4 (12.50%) Degree
11 4 (12.50%) Misys
11 4 (12.50%) Oracle
11 4 (12.50%) Greenfield Project

Sophis
Co-occurring IT Skills in England 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:

Application Platforms
1 2 (6.25%) Oracle Coherence
2 1 (3.13%) Oracle Workflow
2 1 (3.13%) WebSphere
Applications
1 2 (6.25%) Microsoft Excel
2 1 (3.13%) Microsoft PowerPoint
2 1 (3.13%) MS Visio
Business Applications
1 5 (15.63%) Sophis RISQUE
2 2 (6.25%) Global One
2 2 (6.25%) SunGard Martini
3 1 (3.13%) Temenos Triple'A Plus
Database & Business Intelligence
1 11 (34.38%) Relational Database
2 2 (6.25%) InterSystems Cache
2 2 (6.25%) RDBMS
3 1 (3.13%) OLAP
Development Applications
1 1 (3.13%) JIRA
General
1 22 (68.75%) Front Office
2 12 (37.50%) Finance
3 11 (34.38%) Back Office
4 5 (15.63%) Banking
5 4 (12.50%) Investment Banking
6 2 (6.25%) French Language
7 1 (3.13%) Dutch Language
7 1 (3.13%) Legal
Job Titles
1 23 (71.88%) Analyst
2 18 (56.25%) Business Analyst
3 9 (28.13%) Support Analyst
4 7 (21.88%) Derivatives Business Analyst
5 6 (18.75%) Equity Derivatives Business Analyst
5 6 (18.75%) Senior Analyst
5 6 (18.75%) Senior Business Analyst
5 6 (18.75%) Technical Analyst
6 5 (15.63%) Technical Support
6 5 (15.63%) Technical Support Analyst
7 4 (12.50%) Pricing Analyst
7 4 (12.50%) Senior Pricing Analyst
8 3 (9.38%) Developer
8 3 (9.38%) Sophis Business Analyst
9 2 (6.25%) Applications Support
9 2 (6.25%) Business IT Analyst
9 2 (6.25%) IT Analyst
9 2 (6.25%) IT Business Analyst
9 2 (6.25%) Java Developer
9 2 (6.25%) Report Analyst
Libraries, Frameworks & Software Standards
1 2 (6.25%) FIX Protocol
1 2 (6.25%) Hibernate
1 2 (6.25%) JMS
1 2 (6.25%) JPA
1 2 (6.25%) Spring
1 2 (6.25%) Spring Integration
1 2 (6.25%) Web Services
2 1 (3.13%) MDX
Miscellaneous
1 12 (37.50%) Derivative
2 9 (28.13%) Equity Derivative
3 8 (25.00%) Market Risk
4 7 (21.88%) Analytical Skills
5 6 (18.75%) Fixed Income
6 4 (12.50%) Exotic Derivative
6 4 (12.50%) Greenfield Project
7 3 (9.38%) Equities
7 3 (9.38%) PMI
8 2 (6.25%) Enterprise Software
9 1 (3.13%) Client/Server
9 1 (3.13%) Fintech
9 1 (3.13%) Management Information System
9 1 (3.13%) Reference Data
Operating Systems
1 10 (31.25%) Windows
2 2 (6.25%) Unix
Processes & Methodologies
1 10 (31.25%) Agile Software Development
2 9 (28.13%) Business Analysis
2 9 (28.13%) Release Management
2 9 (28.13%) Risk Management
3 7 (21.88%) BPR
4 6 (18.75%) Target Operating Model
5 4 (12.50%) Systems Analysis
6 3 (9.38%) PRINCE2
6 3 (9.38%) Programme Management
7 2 (6.25%) Change Management
7 2 (6.25%) Data Modelling
7 2 (6.25%) Electronic Trading
7 2 (6.25%) Migration
7 2 (6.25%) OO
7 2 (6.25%) Project Management
7 2 (6.25%) Prototyping
7 2 (6.25%) Requirements Analysis
7 2 (6.25%) UML
7 2 (6.25%) Use Case
7 2 (6.25%) User Acceptance Testing
Programming Languages
1 13 (40.63%) SQL
2 8 (25.00%) PowerShell
3 3 (9.38%) PL/SQL
4 2 (6.25%) Java
5 1 (3.13%) Korn
5 1 (3.13%) Perl
5 1 (3.13%) VB
5 1 (3.13%) VBA
Qualifications
1 4 (12.50%) Degree
2 3 (9.38%) PMI Certification
2 3 (9.38%) PMP
3 1 (3.13%) MBA
Quality Assurance & Compliance
1 2 (6.25%) MiFID
2 1 (3.13%) QA
2 1 (3.13%) SLA
Vendors
1 10 (31.25%) Murex
2 9 (28.13%) Calypso
3 8 (25.00%) Bloomberg
4 4 (12.50%) Misys
4 4 (12.50%) Oracle
5 3 (9.38%) Fidessa
6 2 (6.25%) Solace
6 2 (6.25%) SunGard
7 1 (3.13%) Actuate
7 1 (3.13%) Citrix
7 1 (3.13%) Reuters
7 1 (3.13%) Sybase
7 1 (3.13%) Temenos