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 23 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 SimCorp.

SimCorp
England / London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 401 408 407
Rank change year-on-year +7 -1  
Contract jobs citing SimCorp 21 19 16
As % of all contract IT jobs advertised in London 0.10% 0.088% 0.068%
As % of the Vendors category 0.25% 0.21% 0.16%
Number of daily rates quoted 8 15 6
Median daily rate £688 £500 £625
Median daily rate % change year-on-year +37.55% -20.00%  
UK excluding London median daily rate - - -
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 8558 8945 10313
As % of all contract IT job vacancies advertised in London 41.38% 41.35% 44.02%
Number of daily rates quoted 5794 6177 6805
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 £275 £275 £250
10% offered a daily rate of more than £625 £607 £600
UK excluding London median daily rate £400 £375 £361
% change year-on-year +6.66% +3.89%  
Number of hourly rates quoted 109 112 257
Median hourly rate £23.75 £18.00 £20.00
Median hourly rate % change year-on-year +31.94% -10.00%  
90% offered a hourly rate of more than £12.93 £12.50 £13.00
10% offered a hourly rate of more than £50.00 £42.33 £52.17
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

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 23 June 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 contractor hourly rates quoted in IT 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 23 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
City of London +8 11 - - 2
SimCorp
England

For the 6 months to 23 June 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 24 (72.73%) SimCorp Dimension
2 22 (66.67%) Asset Management
3 19 (57.58%) Investment Management
4 17 (51.52%) Finance
5 15 (45.45%) SQL
6 11 (33.33%) Charles River
7 8 (24.24%) Markit EDM
7 8 (24.24%) Front Office
7 8 (24.24%) Financial Institution
8 7 (21.21%) Foreign Exchange (FX)
8 7 (21.21%) Data Management
8 7 (21.21%) Derivative
8 7 (21.21%) Scrum
8 7 (21.21%) Equities
8 7 (21.21%) Data Governance
8 7 (21.21%) Hedge funds
9 6 (18.18%) Agile Software Development
10 5 (15.15%) Management Information System
10 5 (15.15%) Microsoft
10 5 (15.15%) Perl
10 5 (15.15%) Serena
10 5 (15.15%) CFA
10 5 (15.15%) Minerva
10 5 (15.15%) Team Foundation Server
10 5 (15.15%) Fund Accounting
11 4 (12.12%) thinkFolio
11 4 (12.12%) FIX Connectivity
11 4 (12.12%) Bloomberg AIM
11 4 (12.12%) QA
11 4 (12.12%) Global One

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:

Business Applications
1 24 (72.73%) SimCorp Dimension
2 8 (24.24%) Markit EDM
3 5 (15.15%) Minerva
4 4 (12.12%) Bloomberg AIM
4 4 (12.12%) Global One
4 4 (12.12%) thinkFolio
5 2 (6.06%) LatentZero
Communications & Networking
1 4 (12.12%) FIX Connectivity
Database & Business Intelligence
1 4 (12.12%) BusinessObjects
2 2 (6.06%) SQL Server
2 2 (6.06%) SQL Server Integration Services
Development Applications
1 5 (15.15%) Team Foundation Server
General
1 17 (51.52%) Finance
2 8 (24.24%) Financial Institution
2 8 (24.24%) Front Office
3 3 (9.09%) Retail
4 2 (6.06%) Banking
4 2 (6.06%) Investment Banking
5 1 (3.03%) French Language
Job Titles
1 17 (51.52%) Analyst
2 10 (30.30%) Developer
2 10 (30.30%) SimCorp Developer
3 7 (21.21%) Data Analyst
4 6 (18.18%) Business Analyst
5 4 (12.12%) FIX Analyst
5 4 (12.12%) FIX Business Analyst
5 4 (12.12%) SAP BusinessObjects (BO) Analyst
5 4 (12.12%) Support Analyst
6 3 (9.09%) Asset Management Project Manager
6 3 (9.09%) Business Support Analyst
6 3 (9.09%) Consultant
6 3 (9.09%) Project Manager
6 3 (9.09%) SQL Analyst
6 3 (9.09%) SQL Support Analyst
7 2 (6.06%) Functional Analyst
7 2 (6.06%) Implementation Consultant
7 2 (6.06%) Integration Consultant
7 2 (6.06%) SimCorp Analyst
7 2 (6.06%) SimCorp Business Analyst
Libraries, Frameworks & Software Standards
1 4 (12.12%) XML
2 3 (9.09%) FIX Protocol
3 2 (6.06%) .NET
3 2 (6.06%) ASP.NET
3 2 (6.06%) ASP.NET MVC
3 2 (6.06%) ASP.NET MVC 4
3 2 (6.06%) WCF
4 1 (3.03%) COM
Miscellaneous
1 7 (21.21%) Derivative
1 7 (21.21%) Equities
1 7 (21.21%) Foreign Exchange (FX)
1 7 (21.21%) Hedge funds
2 5 (15.15%) Management Information System
3 4 (12.12%) Fixed Income
Operating Systems
1 4 (12.12%) Unix
Processes & Methodologies
1 22 (66.67%) Asset Management
2 19 (57.58%) Investment Management
3 7 (21.21%) Data Governance
3 7 (21.21%) Data Management
3 7 (21.21%) Scrum
4 6 (18.18%) Agile Software Development
5 5 (15.15%) Fund Accounting
6 3 (9.09%) Migration
7 2 (6.06%) MVC
8 1 (3.03%) Fund Management
8 1 (3.03%) Project Management
8 1 (3.03%) Waterfall
Programming Languages
1 15 (45.45%) SQL
2 5 (15.15%) Perl
3 4 (12.12%) VBA
4 2 (6.06%) C#
4 2 (6.06%) T-SQL
Qualifications
1 5 (15.15%) CFA
Quality Assurance & Compliance
1 4 (12.12%) QA
Vendors
1 11 (33.33%) Charles River
2 5 (15.15%) Microsoft
2 5 (15.15%) Serena
3 4 (12.12%) Bloomberg
4 2 (6.06%) Fidessa
City, London
Paw Associates Ltd
Rate: Market Rate
Posted: 13 hours ago