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 3 months to 26 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Misys FusionCapital Summit
England / London
Rank 394 411 397
Rank change year-on-year +17 -14  
Contract jobs citing Summit 12 25 22
As % of all contract IT jobs advertised in London 0.062% 0.11% 0.10%
As % of the Business Applications category 0.80% 1.44% 1.16%
Number of daily rates quoted 10 7 18
Median daily rate £575 £575 £575
90% offered a daily rate of more than £495 £410 £550
10% offered a daily rate of more than £600 £660 £650
UK excluding London median daily rate - £450 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Summit is in the business application skills category. The next 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.

Contract Business Application Skills
London
Contract job vacancies with a requirement for business application skills 1501 1735 1894
As % of all contract IT job vacancies advertised in London 7.80% 7.84% 8.94%
Number of daily rates quoted 998 1121 1232
Median daily rate £450 £450 £475
Median daily rate % change year-on-year - -5.26%  
90% offered a daily rate of more than £325 £300 £325
10% offered a daily rate of more than £625 £600 £650
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 7 8 10
Median hourly rate £32.19 £26.00 £33.75
Median hourly rate % change year-on-year +23.80% -22.96%  
90% offered a hourly rate of more than £15.85 £22.50 £17.20
10% offered a hourly rate of more than £125.00 £55.00 £54.25
UK excluding London median hourly rate £39.00 £27.50 £18.00
% change year-on-year +41.81% +52.77%  

Summit
Job Vacancy Trend in London

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

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 3 months to 26 March 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 hourly rates quoted in IT contractor 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 3 months to 26 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 5 £575 +9.52% 3
Summit
England

Summit
Top 30 Related IT Skills in London

For the 6 months to 26 March 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 24 (77.42%) Murex
2 22 (70.97%) Foreign Exchange (FX)
3 19 (61.29%) Derivative
4 14 (45.16%) Front Office
5 13 (41.94%) Finance
6 11 (35.48%) User Acceptance Testing
6 11 (35.48%) Banking
7 10 (32.26%) Risk Management
8 9 (29.03%) Unix
8 9 (29.03%) Windows
9 8 (25.81%) SQL
10 7 (22.58%) Perl
10 7 (22.58%) Windows Server
10 7 (22.58%) Orchestrade
11 6 (19.35%) IIS
11 6 (19.35%) Control-M
12 4 (12.90%) Migration
12 4 (12.90%) Investment Banking
12 4 (12.90%) Oracle General Ledger
12 4 (12.90%) Oracle
13 3 (9.68%) Retail
14 2 (6.45%) ION Trading
14 2 (6.45%) Credit Derivative
14 2 (6.45%) Business Analysis
14 2 (6.45%) Stakeholder Management
14 2 (6.45%) Agile Software Development
14 2 (6.45%) Data Architecture
14 2 (6.45%) Legal
14 2 (6.45%) VBA
15 1 (3.23%) System Integration Testing

Summit
Top Related 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 6 (19.35%) IIS
Business Applications
1 7 (22.58%) Orchestrade
2 4 (12.90%) Oracle General Ledger
3 1 (3.23%) RMDS
General
1 14 (45.16%) Front Office
2 13 (41.94%) Finance
3 11 (35.48%) Banking
4 4 (12.90%) Investment Banking
5 3 (9.68%) Retail
6 2 (6.45%) Legal
7 1 (3.23%) French Language
Job Titles
1 16 (51.61%) Analyst
2 7 (22.58%) Business Analyst
3 6 (19.35%) Developer
3 6 (19.35%) Murex Support
3 6 (19.35%) Test Analyst
4 5 (16.13%) Business Test Analyst
4 5 (16.13%) Credit Analyst
4 5 (16.13%) FX Test Analyst
5 4 (12.90%) Applications Support
5 4 (12.90%) Support Analyst
6 3 (9.68%) Systems Support
7 2 (6.45%) Data Business Analyst
7 2 (6.45%) Lead Business Analyst
7 2 (6.45%) Murex Analyst
7 2 (6.45%) Murex Specialist
7 2 (6.45%) Murex Support Analyst
7 2 (6.45%) Summit Developer
7 2 (6.45%) Support Specialist
7 2 (6.45%) Systems Analyst
7 2 (6.45%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 1 (3.23%) STL
Miscellaneous
1 22 (70.97%) Foreign Exchange (FX)
2 19 (61.29%) Derivative
3 2 (6.45%) Credit Derivative
4 1 (3.23%) Equities
4 1 (3.23%) Replication
Operating Systems
1 9 (29.03%) Unix
1 9 (29.03%) Windows
2 7 (22.58%) Windows Server
Processes & Methodologies
1 11 (35.48%) User Acceptance Testing
2 10 (32.26%) Risk Management
3 4 (12.90%) Migration
4 2 (6.45%) Agile Software Development
4 2 (6.45%) Business Analysis
4 2 (6.45%) Data Architecture
4 2 (6.45%) Stakeholder Management
5 1 (3.23%) Business Intelligence
5 1 (3.23%) CRM
5 1 (3.23%) System Integration Testing
5 1 (3.23%) System Testing
5 1 (3.23%) Test Planning
5 1 (3.23%) Test Strategy
5 1 (3.23%) User Stories
5 1 (3.23%) Validation
Programming Languages
1 8 (25.81%) SQL
2 7 (22.58%) Perl
3 2 (6.45%) VBA
4 1 (3.23%) C#
4 1 (3.23%) C++
4 1 (3.23%) Java
Quality Assurance & Compliance
1 1 (3.23%) MiFID
1 1 (3.23%) QA
Systems Management
1 6 (19.35%) Control-M
Vendors
1 24 (77.42%) Murex
2 4 (12.90%) Oracle
3 2 (6.45%) ION Trading
4 1 (3.23%) Reuters
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 2 days ago