The table below provides summary statistics for contract job vacancies 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 22 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
UK
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 594 626 625
Rank change year-on-year +32 -1  
Contract jobs citing SimCorp 21 19 18
As % of all contract IT jobs advertised in the UK 0.045% 0.035% 0.032%
As % of the Vendors category 0.10% 0.078% 0.072%
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.

Contract Vendor Product & Service Skills
UK
Contract job vacancies with a requirement for skills associated with vendor products and/or services 20543 24211 25040
As % of all contract IT job vacancies advertised in the UK 43.83% 44.90% 44.54%
Number of daily rates quoted 12469 14933 14677
Median daily rate £425 £400 £398
Median daily rate % change year-on-year +6.25% +0.62%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £588 £569 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 717 824 1120
Median hourly rate £18.50 £20.39 £18.88
Median hourly rate % change year-on-year -9.26% +7.99%  
90% offered a hourly rate of more than £11.23 £11.50 £11.17
10% offered a hourly rate of more than £50.00 £43.00 £42.50
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

SimCorp
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

SimCorp
Contractor Daily Rate Trend

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

Contractor daily rate trend for SimCorp in the UK

SimCorp
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing SimCorp over the 3 months to 22 June 2017.

Contractor daily rate histogram for SimCorp in the UK

SimCorp
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for SimCorp in the UK

SimCorp
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SimCorp within the UK over the 3 months to 22 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
England +49 21 £688 +37.55% 1
London +17 21 £688 +37.55% 1
City of London +14 11 - - 1

For the 6 months to 22 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 with a requirement for SimCorp.

1 23 (71.88%) SimCorp Dimension
2 21 (65.63%) Asset Management
3 18 (56.25%) Investment Management
4 17 (53.13%) Finance
5 15 (46.88%) SQL
6 10 (31.25%) Charles River
7 8 (25.00%) Front Office
7 8 (25.00%) Financial Institution
8 7 (21.88%) Foreign Exchange (FX)
8 7 (21.88%) Derivative
8 7 (21.88%) Scrum
8 7 (21.88%) Equities
8 7 (21.88%) Markit EDM
9 6 (18.75%) Data Governance
9 6 (18.75%) Hedge funds
9 6 (18.75%) Agile Software Development
9 6 (18.75%) Data Management
10 5 (15.63%) Management Information System
10 5 (15.63%) Microsoft
10 5 (15.63%) Perl
10 5 (15.63%) Minerva
10 5 (15.63%) CFA
10 5 (15.63%) Serena
10 5 (15.63%) Team Foundation Server
10 5 (15.63%) Fund Accounting
11 4 (12.50%) thinkFolio
11 4 (12.50%) FIX Connectivity
11 4 (12.50%) Bloomberg AIM
11 4 (12.50%) Global One
11 4 (12.50%) Fixed Income

SimCorp
Co-occurring IT Skills 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 23 (71.88%) SimCorp Dimension
2 7 (21.88%) Markit EDM
3 5 (15.63%) Minerva
4 4 (12.50%) Bloomberg AIM
4 4 (12.50%) Global One
4 4 (12.50%) thinkFolio
5 2 (6.25%) LatentZero
Communications & Networking
1 4 (12.50%) FIX Connectivity
Database & Business Intelligence
1 4 (12.50%) BusinessObjects
2 2 (6.25%) SQL Server
2 2 (6.25%) SQL Server Integration Services
Development Applications
1 5 (15.63%) Team Foundation Server
General
1 17 (53.13%) Finance
2 8 (25.00%) Financial Institution
2 8 (25.00%) Front Office
3 3 (9.38%) Retail
4 2 (6.25%) Banking
4 2 (6.25%) Investment Banking
5 1 (3.13%) French Language
Job Titles
1 16 (50.00%) Analyst
2 10 (31.25%) Developer
2 10 (31.25%) SimCorp Developer
3 6 (18.75%) Business Analyst
3 6 (18.75%) Data Analyst
4 4 (12.50%) FIX Analyst
4 4 (12.50%) FIX Business Analyst
4 4 (12.50%) SAP BusinessObjects (BO) Analyst
4 4 (12.50%) Support Analyst
5 3 (9.38%) Asset Management Project Manager
5 3 (9.38%) Business Support Analyst
5 3 (9.38%) Consultant
5 3 (9.38%) Project Manager
5 3 (9.38%) SQL Analyst
5 3 (9.38%) SQL Support Analyst
6 2 (6.25%) Functional Analyst
6 2 (6.25%) Implementation Consultant
6 2 (6.25%) Integration Consultant
6 2 (6.25%) SimCorp Analyst
6 2 (6.25%) SimCorp Business Analyst
Libraries, Frameworks & Software Standards
1 4 (12.50%) XML
2 3 (9.38%) FIX Protocol
3 2 (6.25%) .NET
3 2 (6.25%) ASP.NET
3 2 (6.25%) ASP.NET MVC
3 2 (6.25%) ASP.NET MVC 4
3 2 (6.25%) WCF
4 1 (3.13%) COM
Miscellaneous
1 7 (21.88%) Derivative
1 7 (21.88%) Equities
1 7 (21.88%) Foreign Exchange (FX)
2 6 (18.75%) Hedge funds
3 5 (15.63%) Management Information System
4 4 (12.50%) Fixed Income
Operating Systems
1 4 (12.50%) Unix
Processes & Methodologies
1 21 (65.63%) Asset Management
2 18 (56.25%) Investment Management
3 7 (21.88%) Scrum
4 6 (18.75%) Agile Software Development
4 6 (18.75%) Data Governance
4 6 (18.75%) Data Management
5 5 (15.63%) Fund Accounting
6 3 (9.38%) Migration
7 2 (6.25%) MVC
8 1 (3.13%) Fund Management
8 1 (3.13%) Project Management
8 1 (3.13%) Waterfall
Programming Languages
1 15 (46.88%) SQL
2 5 (15.63%) Perl
3 4 (12.50%) VBA
4 2 (6.25%) C#
4 2 (6.25%) T-SQL
Qualifications
1 5 (15.63%) CFA
Quality Assurance & Compliance
1 4 (12.50%) QA
Vendors
1 10 (31.25%) Charles River
2 5 (15.63%) Microsoft
2 5 (15.63%) Serena
3 4 (12.50%) Bloomberg
4 2 (6.25%) Fidessa