Period
to 22 October 2017

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 6 months to 22 October 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
6 months to
22 Oct 2017
Same period 2016 Same period 2015
Rank 823 851 870
Rank change year-on-year +28 +19 -19
Contract jobs citing SimCorp 48 40 22
As % of all contract IT jobs advertised in the UK 0.048% 0.038% 0.019%
As % of the Vendors category 0.11% 0.084% 0.044%
Number of daily rates quoted 26 25 11
UK median daily rate £550 £500 £625
Median daily rate % change year-on-year +10.00% -20.00% +19.05%
10th Percentile £354 £375 £475
90th Percentile £713 £790 £663
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK 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 contract job vacancies with a requirement for knowledge or experience of vendor products and services.

All Vendors
UK
Contract vacancies with a requirement for knowledge or experience of vendor products and services 42619 47490 49529
As % of all contract IT jobs advertised in the UK 42.90% 45.05% 43.43%
Number of daily rates quoted 26346 29028 29162
UK median daily rate £430 £416 £400
Median daily rate % change year-on-year +3.49% +3.88% -
10th Percentile £243 £239 £225
90th Percentile £620 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +7.14%
Number of hourly rates quoted 1387 1693 2157
UK median hourly rate £17.50 £17.00 £17.50
Median hourly rate % change year-on-year +2.94% -2.86% +4.67%
10th Percentile £10.50 £10.00 £10.35
90th Percentile £45.17 £45.00 £43.00
UK excluding London median hourly rate £16.84 £16.50 £17.00
% change year-on-year +2.03% -2.94% +3.03%

SimCorp
Job Vacancy Trend

Job postings citing SimCorp as a percentage of all IT jobs advertised.

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 6 months to 22 October 2017.

Contractor daily rate histogram for SimCorp in the UK

SimCorp
Top 2 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 6 months to 22 October 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
England +25 48 £550 +10.00% 1
London +16 48 £550 +10.00% 1

For the 6 months to 22 October 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 41 (85.42%) SimCorp Dimension
2 29 (60.42%) Asset Management
3 25 (52.08%) Investment Management
4 21 (43.75%) Charles River
5 18 (37.50%) Finance
6 16 (33.33%) SQL
7 15 (31.25%) Front Office
8 13 (27.08%) Fixed Income
8 13 (27.08%) Markit EDM
9 12 (25.00%) Team Foundation Server
9 12 (25.00%) Hedge funds
9 12 (25.00%) Data Governance
9 12 (25.00%) Equities
9 12 (25.00%) Data Management
10 9 (18.75%) C#
10 9 (18.75%) SQL Server
10 9 (18.75%) WCF
11 7 (14.58%) WPF
11 7 (14.58%) PowerShell
11 7 (14.58%) SQL Server 2008
11 7 (14.58%) MVVM
11 7 (14.58%) SQL Server 2012
11 7 (14.58%) AngularJS
11 7 (14.58%) Fund Management
11 7 (14.58%) SQL Server 2014
11 7 (14.58%) BizTalk Server
11 7 (14.58%) Financial Institution
12 6 (12.50%) Scrum
13 4 (8.33%) Fund Accounting
13 4 (8.33%) QA

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:

Application Platforms
1 7 (14.58%) BizTalk Server
2 1 (2.08%) MTS
Applications
1 2 (4.17%) Microsoft Excel
1 2 (4.17%) Microsoft PowerPoint
Business Applications
1 41 (85.42%) SimCorp Dimension
2 13 (27.08%) Markit EDM
3 3 (6.25%) Global One
4 2 (4.17%) thinkFolio
5 1 (2.08%) Bloomberg AIM
5 1 (2.08%) LatentZero
Database & Business Intelligence
1 9 (18.75%) SQL Server
2 7 (14.58%) SQL Server 2008
2 7 (14.58%) SQL Server 2012
2 7 (14.58%) SQL Server 2014
3 3 (6.25%) BusinessObjects
4 2 (4.17%) SQL Server Integration Services
5 1 (2.08%) Data Warehouse
Development Applications
1 12 (25.00%) Team Foundation Server
2 1 (2.08%) MSTest
General
1 18 (37.50%) Finance
2 15 (31.25%) Front Office
3 7 (14.58%) Financial Institution
4 3 (6.25%) Retail
5 2 (4.17%) Banking
5 2 (4.17%) French Language
5 2 (4.17%) Investment Banking
6 1 (2.08%) Back Office
Job Titles
1 26 (54.17%) Analyst
2 16 (33.33%) Developer
3 12 (25.00%) Data Analyst
4 9 (18.75%) SimCorp Developer
5 7 (14.58%) C# Developer
5 7 (14.58%) C# WCF Developer
5 7 (14.58%) C# WPF Developer
5 7 (14.58%) WCF Developer
5 7 (14.58%) WPF Developer
6 5 (10.42%) Asset Management Analyst
6 5 (10.42%) SimCorp Analyst
6 5 (10.42%) SQL Analyst
6 5 (10.42%) Support Analyst
7 4 (8.33%) Functional Analyst
7 4 (8.33%) SQL Support Analyst
8 3 (6.25%) Applications Support
8 3 (6.25%) Applications Support Analyst
8 3 (6.25%) Consultant
8 3 (6.25%) SAP BusinessObjects (BO) Analyst
8 3 (6.25%) SimCorp Support
Libraries, Frameworks & Software Standards
1 9 (18.75%) WCF
2 7 (14.58%) AngularJS
2 7 (14.58%) WPF
3 2 (4.17%) .NET
3 2 (4.17%) ASP.NET
3 2 (4.17%) ASP.NET MVC
3 2 (4.17%) ASP.NET MVC 4
4 1 (2.08%) COM
4 1 (2.08%) XML
Miscellaneous
1 13 (27.08%) Fixed Income
2 12 (25.00%) Equities
2 12 (25.00%) Hedge funds
3 3 (6.25%) Derivative
3 3 (6.25%) Foreign Exchange (FX)
3 3 (6.25%) Management Information System
Operating Systems
1 3 (6.25%) Unix
2 1 (2.08%) Linux
2 1 (2.08%) Windows
Processes & Methodologies
1 29 (60.42%) Asset Management
2 25 (52.08%) Investment Management
3 12 (25.00%) Data Governance
3 12 (25.00%) Data Management
4 7 (14.58%) Fund Management
4 7 (14.58%) MVVM
5 6 (12.50%) Scrum
6 4 (8.33%) Agile Software Development
6 4 (8.33%) Change Management
6 4 (8.33%) Fund Accounting
7 3 (6.25%) Business Analysis
8 2 (4.17%) Information Security
8 2 (4.17%) MVC
9 1 (2.08%) Internal Audit
9 1 (2.08%) Kalman Filter
9 1 (2.08%) Migration
9 1 (2.08%) Regression Testing
9 1 (2.08%) Target Operating Model
9 1 (2.08%) User Acceptance Testing
Programming Languages
1 16 (33.33%) SQL
2 9 (18.75%) C#
3 7 (14.58%) PowerShell
4 4 (8.33%) Perl
4 4 (8.33%) VBA
5 2 (4.17%) T-SQL
Qualifications
1 4 (8.33%) CFA
2 2 (4.17%) Degree
Quality Assurance & Compliance
1 4 (8.33%) QA
2 1 (2.08%) AIFMD
2 1 (2.08%) EMIR
2 1 (2.08%) MiFID
Vendors
1 21 (43.75%) Charles River
2 4 (8.33%) Microsoft
2 4 (8.33%) Serena
3 1 (2.08%) Bloomberg
3 1 (2.08%) GoldenSource