Period
to 23 November 2017

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Sophis products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Sophis over the 6 months to 23 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Misys FusionCapital Sophis.

Sophis
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 866 869 882
Rank change year-on-year +3 +13 +6
Contract jobs citing Sophis 21 22 13
As % of all contract IT jobs advertised in the UK 0.020% 0.021% 0.011%
As % of the Vendors category 0.048% 0.046% 0.026%
Number of daily rates quoted 11 20 10
UK median daily rate £600 £619 £625
Median daily rate % change year-on-year -3.03% -1.00% +53.85%
10th Percentile £563 £468 £421
90th Percentile £638 £741 £639
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Sophis 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 43948 47741 49215
As % of all contract IT jobs advertised in the UK 42.62% 45.35% 43.30%
Number of daily rates quoted 27314 29152 29013
UK median daily rate £433 £420 £400
Median daily rate % change year-on-year +2.98% +5.00% -
10th Percentile £235 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +4.17%
Number of hourly rates quoted 1468 1711 2098
UK median hourly rate £17.43 £16.50 £17.50
Median hourly rate % change year-on-year +5.64% -5.71% +6.06%
10th Percentile £10.65 £10.25 £10.13
90th Percentile £45.30 £45.00 £43.75
UK excluding London median hourly rate £16.50 £16.50 £17.50
% change year-on-year - -5.71% +6.06%

Sophis
Job Vacancy Trend

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

Job vacancy trend for Sophis in the UK

Sophis
Contractor Daily Rate Trend

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

Contractor daily rate trend for Sophis in the UK

Sophis
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Sophis over the 6 months to 23 November 2017.

Contractor daily rate histogram for Sophis in the UK

Sophis
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Sophis in the UK

Sophis
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 Sophis within the UK over the 6 months to 23 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
England +15 21 £600 -3.03% 2
London -17 21 £600 -3.03% 2

For the 6 months to 23 November 2017, IT contractor jobs citing Sophis 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 Sophis.

1 18 (85.71%) Front Office
2 13 (61.90%) Finance
2 13 (61.90%) Derivative
3 9 (42.86%) Target Operating Model
4 8 (38.10%) Business Analysis
4 8 (38.10%) Equity Derivative
4 8 (38.10%) Agile Software Development
5 6 (28.57%) Banking
5 6 (28.57%) Equities
5 6 (28.57%) Bloomberg
5 6 (28.57%) BPR
6 5 (23.81%) Fidessa
6 5 (23.81%) Fixed Income
6 5 (23.81%) Analytical Skills
7 3 (14.29%) Sophis RISQUE
8 2 (9.52%) Migration
8 2 (9.52%) Back Office
8 2 (9.52%) PRINCE2
8 2 (9.52%) Data Modelling
8 2 (9.52%) Murex
8 2 (9.52%) PMI
8 2 (9.52%) PMP
8 2 (9.52%) PMI Certification
8 2 (9.52%) Systems Analysis
8 2 (9.52%) Programme Management
8 2 (9.52%) Degree
8 2 (9.52%) Exotic Derivative
8 2 (9.52%) Greeks
8 2 (9.52%) OTC Derivatives
8 2 (9.52%) Greenfield Project

Sophis
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 1 (4.76%) MQSeries
Applications
1 1 (4.76%) Microsoft Excel
Business Applications
1 3 (14.29%) Sophis RISQUE
2 1 (4.76%) Summit
Database & Business Intelligence
1 1 (4.76%) SQL Server
General
1 18 (85.71%) Front Office
2 13 (61.90%) Finance
3 6 (28.57%) Banking
4 2 (9.52%) Back Office
5 1 (4.76%) Investment Banking
Job Titles
1 18 (85.71%) Business Analyst
2 15 (71.43%) Analyst
3 7 (33.33%) Derivatives Business Analyst
4 6 (28.57%) Equity Derivatives Business Analyst
5 5 (23.81%) Front Office Business Analyst
6 4 (19.05%) Fidessa Analyst
6 4 (19.05%) Fidessa Business Analyst
7 3 (14.29%) Developer
7 3 (14.29%) Sophis Business Analyst
8 2 (9.52%) Pricing Analyst
8 2 (9.52%) Senior Analyst
8 2 (9.52%) Senior Business Analyst
8 2 (9.52%) Senior Pricing Analyst
8 2 (9.52%) Sophis Developer
9 1 (4.76%) .NET Developer
9 1 (4.76%) Banking Analyst
9 1 (4.76%) C++ Developer
9 1 (4.76%) IT Business Analyst
9 1 (4.76%) Quantitative Developer
9 1 (4.76%) Senior .NET Developer
Libraries, Frameworks & Software Standards
1 1 (4.76%) .NET
1 1 (4.76%) RESTful
1 1 (4.76%) Web Services
1 1 (4.76%) WSDL
Miscellaneous
1 13 (61.90%) Derivative
2 8 (38.10%) Equity Derivative
3 6 (28.57%) Equities
4 5 (23.81%) Analytical Skills
4 5 (23.81%) Fixed Income
5 2 (9.52%) Exotic Derivative
5 2 (9.52%) Greenfield Project
5 2 (9.52%) OTC Derivatives
5 2 (9.52%) PMI
6 1 (4.76%) Foreign Exchange (FX)
6 1 (4.76%) Market Risk
Processes & Methodologies
1 9 (42.86%) Target Operating Model
2 8 (38.10%) Agile Software Development
2 8 (38.10%) Business Analysis
3 6 (28.57%) BPR
4 2 (9.52%) Data Modelling
4 2 (9.52%) Greeks
4 2 (9.52%) Migration
4 2 (9.52%) PRINCE2
4 2 (9.52%) Programme Management
4 2 (9.52%) Systems Analysis
5 1 (4.76%) Data Analysis
5 1 (4.76%) GAP Analysis
5 1 (4.76%) OO
5 1 (4.76%) Project Management
5 1 (4.76%) Prototyping
5 1 (4.76%) Requirements Analysis
5 1 (4.76%) Risk Management
5 1 (4.76%) UML
5 1 (4.76%) Use Case
5 1 (4.76%) User Acceptance Testing
Programming Languages
1 1 (4.76%) C#
1 1 (4.76%) C++
1 1 (4.76%) Java
1 1 (4.76%) VBA
Qualifications
1 2 (9.52%) Degree
1 2 (9.52%) PMI Certification
1 2 (9.52%) PMP
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 6 (28.57%) Bloomberg
2 5 (23.81%) Fidessa
3 2 (9.52%) Murex
4 1 (4.76%) Calypso
4 1 (4.76%) HP