Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in 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 18 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
England > London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 588 582 557
Rank change year-on-year -6 -25 +11
Contract jobs citing Summit 38 37 60
As % of all contract IT jobs advertised in London 0.082% 0.082% 0.13%
As % of the Business Applications category 1.09% 1.08% 1.55%
Number of daily rates quoted 24 25 27
London median daily rate £550 £550 £525
Median daily rate % change year-on-year - +4.76% -
10th Percentile £313 £375 £272
90th Percentile £684 £733 £713
England median daily rate £575 £475 £525
% change year-on-year +21.05% -9.52% -
Number of hourly rates quoted 0 0 1
London median hourly rate - - £25.00
England 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 London with a requirement for business application skills.

All Business Application Skills
London
Contract vacancies with a requirement for business application skills 3496 3415 3859
As % of all contract IT jobs advertised in London 7.51% 7.55% 8.18%
Number of daily rates quoted 2260 2291 2385
London median daily rate £500 £450 £455
Median daily rate % change year-on-year +11.11% -1.10% +1.11%
10th Percentile £316 £313 £281
90th Percentile £675 £650 £650
England median daily rate £475 £445 £438
% change year-on-year +6.74% +1.71% +1.74%
Number of hourly rates quoted 22 14 30
London median hourly rate £27.25 £21.00 £30.75
Median hourly rate % change year-on-year +29.76% -31.71% +23.00%
10th Percentile £13.88 £5.00 £16.25
90th Percentile £43.68 £150.45 £70.25
England median hourly rate £28.00 £31.00 £26.31
% change year-on-year -9.68% +17.83% -1.94%

Summit
Job Vacancy Trend in London

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

Job vacancy trend for Summit in London

Summit
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Summit in London

Summit
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Summit in London over the 6 months to 18 November 2017.

Contractor daily rate histogram for Summit in London

Summit
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Summit in London

Summit
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 Summit within the London region over the 6 months to 18 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +1 4 £525 -12.50% 1
Summit
England

For the 6 months to 18 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 London region with a requirement for Summit.

1 22 (57.89%) Banking
2 19 (50.00%) Murex
3 15 (39.47%) Derivative
4 13 (34.21%) Investment Banking
4 13 (34.21%) Front Office
4 13 (34.21%) Finance
5 12 (31.58%) Stakeholder Management
5 12 (31.58%) Fixed Income
5 12 (31.58%) Foreign Exchange (FX)
5 12 (31.58%) SQL
6 9 (23.68%) Calypso
7 7 (18.42%) MiFID
8 6 (15.79%) Equities
8 6 (15.79%) Bloomberg
8 6 (15.79%) OTC Derivatives
9 5 (13.16%) EMIR
9 5 (13.16%) Migration
9 5 (13.16%) C++
9 5 (13.16%) Agile Software Development
9 5 (13.16%) Business Analysis
9 5 (13.16%) Analytical Skills
10 4 (10.53%) Degree
10 4 (10.53%) Programme Management
10 4 (10.53%) C#
10 4 (10.53%) Dodd-Frank
10 4 (10.53%) Regulatory Compliance
11 3 (7.89%) C
11 3 (7.89%) VB
11 3 (7.89%) VBA
11 3 (7.89%) PRINCE2

Summit
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 (2.63%) SharePoint
Applications
1 3 (7.89%) Microsoft Excel
2 1 (2.63%) Microsoft Office
2 1 (2.63%) Microsoft Project
Business Applications
1 2 (5.26%) Bloomberg TOMS
1 2 (5.26%) Eikon
2 1 (2.63%) Kondor
Cloud Services
1 1 (2.63%) Office 365
1 1 (2.63%) Yammer
Communications & Networking
1 2 (5.26%) VPN
2 1 (2.63%) Cisco IOS
2 1 (2.63%) Internet
2 1 (2.63%) Remote Desktop
2 1 (2.63%) TCP/IP
2 1 (2.63%) WebEx
Database & Business Intelligence
1 1 (2.63%) Data Warehouse
1 1 (2.63%) MS Access
1 1 (2.63%) RDBMS
1 1 (2.63%) Relational Database
Development Applications
1 3 (7.89%) Subversion
2 1 (2.63%) JIRA
2 1 (2.63%) Team Foundation Server
General
1 22 (57.89%) Banking
2 13 (34.21%) Finance
2 13 (34.21%) Front Office
2 13 (34.21%) Investment Banking
3 3 (7.89%) Back Office
4 2 (5.26%) Financial Institution
5 1 (2.63%) Multimedia
5 1 (2.63%) Retail Banking
Job Titles
1 17 (44.74%) Analyst
2 13 (34.21%) Business Analyst
3 8 (21.05%) Project Manager
4 7 (18.42%) Summit Business Analyst
5 5 (13.16%) Investment Banking Project Manager
6 4 (10.53%) SQL Analyst
7 3 (7.89%) Developer
8 2 (5.26%) Architect
8 2 (5.26%) Banking Analyst
8 2 (5.26%) Business IT Analyst
8 2 (5.26%) C++ Developer
8 2 (5.26%) Consultant
8 2 (5.26%) IT Business Analyst
8 2 (5.26%) Senior Business Analyst
8 2 (5.26%) Solutions Architect
8 2 (5.26%) Summit Developer
8 2 (5.26%) Test Analyst
8 2 (5.26%) Test Manager
8 2 (5.26%) UAT Manager
8 2 (5.26%) UAT Test Manager
Libraries, Frameworks & Software Standards
1 1 (2.63%) JSON
1 1 (2.63%) XMPP
Miscellaneous
1 15 (39.47%) Derivative
2 12 (31.58%) Fixed Income
2 12 (31.58%) Foreign Exchange (FX)
3 6 (15.79%) Equities
3 6 (15.79%) OTC Derivatives
4 5 (13.16%) Analytical Skills
5 2 (5.26%) PMI
6 1 (2.63%) Blackberry
6 1 (2.63%) Management Information System
6 1 (2.63%) Market Risk
6 1 (2.63%) Reference Data
6 1 (2.63%) Video Conferencing
Operating Systems
1 1 (2.63%) Android
1 1 (2.63%) Unix
1 1 (2.63%) Windows
1 1 (2.63%) Windows 7
Processes & Methodologies
1 12 (31.58%) Stakeholder Management
2 5 (13.16%) Agile Software Development
2 5 (13.16%) Business Analysis
2 5 (13.16%) Migration
3 4 (10.53%) Programme Management
3 4 (10.53%) Regulatory Compliance
4 3 (7.89%) Data Analysis
4 3 (7.89%) PRINCE2
5 2 (5.26%) Test Planning
5 2 (5.26%) User Acceptance Testing
6 1 (2.63%) Analytical Thinking
6 1 (2.63%) Analytics
6 1 (2.63%) Incident Management
6 1 (2.63%) Quantitative Research
6 1 (2.63%) Re-Platforming
6 1 (2.63%) Risk Analysis
6 1 (2.63%) Statistics
6 1 (2.63%) Stress Testing
6 1 (2.63%) Target Operating Model
6 1 (2.63%) Test Automation
Programming Languages
1 12 (31.58%) SQL
2 5 (13.16%) C++
3 4 (10.53%) C#
4 3 (7.89%) C
4 3 (7.89%) Perl
4 3 (7.89%) VB
4 3 (7.89%) VBA
5 1 (2.63%) Java
5 1 (2.63%) MATLAB
5 1 (2.63%) Python
5 1 (2.63%) XQuery
Qualifications
1 4 (10.53%) Degree
2 2 (5.26%) PMI Certification
2 2 (5.26%) PMP
3 1 (2.63%) A+ Certification
3 1 (2.63%) CCIE
3 1 (2.63%) CCNA
3 1 (2.63%) Cisco Certification
3 1 (2.63%) ISEB
3 1 (2.63%) Master's Degree
3 1 (2.63%) MCP
3 1 (2.63%) MOS
3 1 (2.63%) Numerate Degree
Quality Assurance & Compliance
1 7 (18.42%) MiFID
2 5 (13.16%) EMIR
3 4 (10.53%) Dodd-Frank
4 2 (5.26%) QA
5 1 (2.63%) Data Quality
System Software
1 1 (2.63%) Active Directory
Systems Management
1 1 (2.63%) SCCM
Vendors
1 19 (50.00%) Murex
2 9 (23.68%) Calypso
3 6 (15.79%) Bloomberg
4 3 (7.89%) Reuters
5 2 (5.26%) Cisco
5 2 (5.26%) Misys
6 1 (2.63%) Citrix
6 1 (2.63%) Dell
6 1 (2.63%) HP
6 1 (2.63%) IBM
6 1 (2.63%) Microgen
6 1 (2.63%) Microsoft
6 1 (2.63%) Sophis