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 25 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.

Misys FusionCapital Summit
England / London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 401 417 409
Rank change year-on-year +16 -8  
Contract jobs citing Summit 17 7 26
As % of all contract IT jobs advertised in London 0.083% 0.033% 0.11%
As % of the Business Applications category 1.05% 0.44% 1.25%
Number of daily rates quoted 10 7 14
Median daily rate £525 £675 £563
Median daily rate % change year-on-year -22.22% +20.00%  
90% offered a daily rate of more than £402 £395 £483
10% offered a daily rate of more than £600 £675 £675
UK excluding London median daily rate - £363 £458
% change year-on-year - -20.76%  
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 1615 1582 2078
As % of all contract IT job vacancies advertised in London 7.89% 7.40% 8.87%
Number of daily rates quoted 1042 1071 1310
Median daily rate £475 £463 £475
Median daily rate % change year-on-year +2.70% -2.63%  
90% offered a daily rate of more than £338 £300 £313
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03%  
Number of hourly rates quoted 22 9 17
Median hourly rate £27.00 £24.00 £18.00
Median hourly rate % change year-on-year +12.50% +33.33%  
90% offered a hourly rate of more than £15.40 £16.75 £14.80
10% offered a hourly rate of more than £162.50 £42.33 £44.50
UK excluding London median hourly rate £32.50 £35.00 £22.50
% change year-on-year -7.14% +55.55%  

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 25 June 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 3 months to 25 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 +6 4 £575 -
Summit
England

For the 6 months to 25 June 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 21 (70.00%) Finance
2 17 (56.67%) Murex
3 16 (53.33%) Foreign Exchange (FX)
4 13 (43.33%) Derivative
5 10 (33.33%) Banking
6 8 (26.67%) User Acceptance Testing
7 7 (23.33%) Migration
7 7 (23.33%) SQL
8 5 (16.67%) Orchestrade
8 5 (16.67%) Stakeholder Management
8 5 (16.67%) Fixed Income
8 5 (16.67%) Front Office
8 5 (16.67%) Investment Banking
8 5 (16.67%) VBA
8 5 (16.67%) Microsoft Excel
9 4 (13.33%) C++
9 4 (13.33%) Perl
9 4 (13.33%) Bloomberg
9 4 (13.33%) Risk Management
10 3 (10.00%) Back Office
10 3 (10.00%) Retail
10 3 (10.00%) Subversion
10 3 (10.00%) BusinessObjects
10 3 (10.00%) C
10 3 (10.00%) C#
10 3 (10.00%) Oracle
10 3 (10.00%) VB
10 3 (10.00%) SAP
10 3 (10.00%) Analytical Skills
10 3 (10.00%) Bloomberg TOMS

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 (3.33%) IIS
Applications
1 5 (16.67%) Microsoft Excel
Business Applications
1 5 (16.67%) Orchestrade
2 3 (10.00%) Bloomberg TOMS
3 1 (3.33%) RMDS
Database & Business Intelligence
1 3 (10.00%) BusinessObjects
2 1 (3.33%) MS Access
Development Applications
1 3 (10.00%) Subversion
General
1 21 (70.00%) Finance
2 10 (33.33%) Banking
3 5 (16.67%) Front Office
3 5 (16.67%) Investment Banking
4 3 (10.00%) Back Office
4 3 (10.00%) Retail
5 2 (6.67%) Legal
6 1 (3.33%) Financial Institution
6 1 (3.33%) French Language
Job Titles
1 15 (50.00%) Analyst
2 7 (23.33%) Test Analyst
3 6 (20.00%) Business Analyst
3 6 (20.00%) Business Test Analyst
3 6 (20.00%) Credit Analyst
3 6 (20.00%) FX Test Analyst
4 5 (16.67%) Developer
5 4 (13.33%) Architect
5 4 (13.33%) Solutions Architect
6 3 (10.00%) Murex Support
7 2 (6.67%) Applications Support
7 2 (6.67%) Migration Analyst
7 2 (6.67%) SQL Analyst
7 2 (6.67%) Summit Business Analyst
7 2 (6.67%) Summit Developer
7 2 (6.67%) Support Analyst
7 2 (6.67%) VBA Developer
8 1 (3.33%) Junior Risk Analyst
8 1 (3.33%) Summit Consultant
8 1 (3.33%) Summit Support
Miscellaneous
1 16 (53.33%) Foreign Exchange (FX)
2 13 (43.33%) Derivative
3 5 (16.67%) Fixed Income
4 3 (10.00%) Analytical Skills
5 1 (3.33%) Interest Rate Derivative
5 1 (3.33%) Market Risk
Operating Systems
1 1 (3.33%) Unix
1 1 (3.33%) Windows
1 1 (3.33%) Windows Server
Processes & Methodologies
1 8 (26.67%) User Acceptance Testing
2 7 (23.33%) Migration
3 5 (16.67%) Stakeholder Management
4 4 (13.33%) Risk Management
5 2 (6.67%) Business Analysis
6 1 (3.33%) Business Intelligence
6 1 (3.33%) CRM
6 1 (3.33%) Economics
6 1 (3.33%) Mathematics
6 1 (3.33%) Re-Platforming
6 1 (3.33%) Risk Analysis
6 1 (3.33%) Statistics
6 1 (3.33%) Stress Testing
6 1 (3.33%) System Integration Testing
6 1 (3.33%) System Testing
6 1 (3.33%) Test Planning
6 1 (3.33%) Test Strategy
6 1 (3.33%) User Stories
6 1 (3.33%) Workflow
Programming Languages
1 7 (23.33%) SQL
2 5 (16.67%) VBA
3 4 (13.33%) C++
3 4 (13.33%) Perl
4 3 (10.00%) C
4 3 (10.00%) C#
4 3 (10.00%) VB
5 1 (3.33%) MATLAB
Qualifications
1 1 (3.33%) Degree
1 1 (3.33%) Master's Degree
1 1 (3.33%) Numerate Degree
Quality Assurance & Compliance
1 1 (3.33%) EMIR
1 1 (3.33%) MiFID
Systems Management
1 1 (3.33%) Control-M
Vendors
1 17 (56.67%) Murex
2 4 (13.33%) Bloomberg
3 3 (10.00%) Oracle
3 3 (10.00%) SAP
4 1 (3.33%) Calypso
4 1 (3.33%) Reuters
London
McGregor Boyall
Rate: £375 - £425 per day
Posted: 2 days ago