The table below provides summary statistics for contract job vacancies advertised in 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 3 months to 28 March 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
England / London
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 390 408 386
Rank change year-on-year +18 -22  
Contract jobs citing SimCorp 12 18 26
As % of all contract IT jobs advertised in London 0.062% 0.081% 0.12%
As % of the Vendors category 0.15% 0.20% 0.27%
Number of daily rates quoted 7 14 7
Median daily rate £404 £415 £675
Median daily rate % change year-on-year -2.65% -38.51%  
90% offered a daily rate of more than £360 £273 £650
10% offered a daily rate of more than £805 £650 £700
UK excluding London median daily rate - - £250
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding 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 vendor product and service related skills in contract job vacancies advertised in London.

Contract Vendor Product & Service Skills
London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 8213 9178 9590
As % of all contract IT job vacancies advertised in London 42.13% 41.15% 44.56%
Number of daily rates quoted 5508 6131 6207
Median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88%  
90% offered a daily rate of more than £300 £273 £260
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 106 130 207
Median hourly rate £22.00 £21.34 £18.70
Median hourly rate % change year-on-year +3.09% +14.11%  
90% offered a hourly rate of more than £14.00 £11.00 £13.09
10% offered a hourly rate of more than £50.00 £45.00 £50.00
UK excluding London median hourly rate £16.25 £19.00 £17.00
% change year-on-year -14.47% +11.76%  

SimCorp
Job Vacancy Trend in London

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

Job vacancy trend for SimCorp in London

SimCorp
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for SimCorp in London

SimCorp
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing SimCorp in London over the 3 months to 28 March 2017.

Contractor daily rate histogram for SimCorp in London

SimCorp
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for SimCorp in London

SimCorp
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SimCorp within the London region over the 3 months to 28 March 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
City of London -5 8 £382 -23.60% 1
SimCorp
England

SimCorp
Top 30 Co-occurring IT Skills in London

For the 6 months to 28 March 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 London region with a requirement for SimCorp.

1 20 (71.43%) Asset Management
2 19 (67.86%) SimCorp Dimension
3 17 (60.71%) Investment Management
4 14 (50.00%) Front Office
5 13 (46.43%) Finance
5 13 (46.43%) SQL
6 11 (39.29%) Minerva
6 11 (39.29%) Fixed Income
7 10 (35.71%) Equities
8 7 (25.00%) Charles River
8 7 (25.00%) Derivative
9 6 (21.43%) Fidessa
10 5 (17.86%) Foreign Exchange (FX)
10 5 (17.86%) Migration
11 4 (14.29%) Back Office
11 4 (14.29%) XML
11 4 (14.29%) FIX Connectivity
11 4 (14.29%) thinkFolio
12 3 (10.71%) Markit EDM
12 3 (10.71%) Bloomberg
12 3 (10.71%) FIX Protocol
13 2 (7.14%) Fund Management
13 2 (7.14%) Sentinel
13 2 (7.14%) Data Management
13 2 (7.14%) Management Information System
13 2 (7.14%) Global One
13 2 (7.14%) Unix
13 2 (7.14%) Crystal Reports
13 2 (7.14%) VBA
13 2 (7.14%) Oracle

SimCorp
Co-occurring IT Skills in 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:

Application Platforms
1 1 (3.57%) BizTalk Server
Business Applications
1 19 (67.86%) SimCorp Dimension
2 11 (39.29%) Minerva
3 4 (14.29%) thinkFolio
4 3 (10.71%) Markit EDM
5 2 (7.14%) Global One
5 2 (7.14%) Sentinel
6 1 (3.57%) LatentZero
Communications & Networking
1 4 (14.29%) FIX Connectivity
Database & Business Intelligence
1 2 (7.14%) BusinessObjects
1 2 (7.14%) Crystal Reports
1 2 (7.14%) Oracle Database
1 2 (7.14%) Relational Database
2 1 (3.57%) SQL Server
2 1 (3.57%) SQL Server 2008
2 1 (3.57%) SQL Server 2012
2 1 (3.57%) SQL Server 2014
Development Applications
1 1 (3.57%) Team Foundation Server
General
1 14 (50.00%) Front Office
2 13 (46.43%) Finance
3 4 (14.29%) Back Office
4 1 (3.57%) Financial Institution
4 1 (3.57%) French Language
4 1 (3.57%) Retail
Job Titles
1 20 (71.43%) Analyst
2 9 (32.14%) Business Analyst
3 8 (28.57%) Support Analyst
4 6 (21.43%) Business Support Analyst
4 6 (21.43%) SimCorp Analyst
5 5 (17.86%) Asset Management Analyst
5 5 (17.86%) Consultant
5 5 (17.86%) SimCorp Business Analyst
6 4 (14.29%) FIX Analyst
6 4 (14.29%) FIX Business Analyst
7 3 (10.71%) Applications Support
7 3 (10.71%) Project Manager
8 2 (7.14%) Applications Support Analyst
8 2 (7.14%) Asset Management Project Manager
8 2 (7.14%) Business Consultant
8 2 (7.14%) Data Analyst
8 2 (7.14%) Fidessa Analyst
8 2 (7.14%) Functional Analyst
8 2 (7.14%) Functional Business Analyst
8 2 (7.14%) SAP BusinessObjects (BO) Analyst
Libraries, Frameworks & Software Standards
1 4 (14.29%) XML
2 3 (10.71%) FIX Protocol
3 1 (3.57%) .NET
3 1 (3.57%) AngularJS
3 1 (3.57%) WCF
3 1 (3.57%) WPF
Miscellaneous
1 11 (39.29%) Fixed Income
2 10 (35.71%) Equities
3 7 (25.00%) Derivative
4 5 (17.86%) Foreign Exchange (FX)
5 2 (7.14%) Hedge funds
5 2 (7.14%) Management Information System
Operating Systems
1 2 (7.14%) Unix
Processes & Methodologies
1 20 (71.43%) Asset Management
2 17 (60.71%) Investment Management
3 5 (17.86%) Migration
4 2 (7.14%) Data Governance
4 2 (7.14%) Data Management
4 2 (7.14%) Fund Accounting
4 2 (7.14%) Fund Management
4 2 (7.14%) Performance Attribution
4 2 (7.14%) Portfolio Management
4 2 (7.14%) Project Management
5 1 (3.57%) Agile Software Development
5 1 (3.57%) BPR
5 1 (3.57%) Business Analysis
5 1 (3.57%) Business Process Modelling
5 1 (3.57%) Change Management
5 1 (3.57%) MVVM
5 1 (3.57%) Waterfall
5 1 (3.57%) Wealth Management
Programming Languages
1 13 (46.43%) SQL
2 2 (7.14%) VBA
3 1 (3.57%) C#
3 1 (3.57%) PowerShell
Vendors
1 7 (25.00%) Charles River
2 6 (21.43%) Fidessa
3 3 (10.71%) Bloomberg
4 2 (7.14%) Oracle
City, London
Paw Associates Ltd
Rate: £Market Day Rate
Posted: 3 days ago