Period
to 23 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Summit skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Summit 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.

Misys FusionCapital Summit
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 847 846 830
Rank change year-on-year -1 -16 +15
Contract jobs citing Summit 40 45 65
As % of all contract IT jobs advertised in the UK 0.039% 0.043% 0.057%
As % of the Business Applications category 0.49% 0.51% 0.70%
Number of daily rates quoted 26 28 30
UK median daily rate £581 £513 £525
Median daily rate % change year-on-year +13.41% -2.38% -
10th Percentile £313 £401 £276
90th Percentile £722 £729 £701
UK excluding London median daily rate £688 £450 £458
% change year-on-year +52.78% -1.64% +140.79%
Number of hourly rates quoted 0 0 1
UK median hourly rate - - £25.00
UK excluding London median hourly rate - - -

Summit is in the Business Applications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for business application skills.

All Business Application Skills
UK
Contract vacancies with a requirement for business application skills 8154 8770 9321
As % of all contract IT jobs advertised in the UK 7.91% 8.33% 8.20%
Number of daily rates quoted 4813 5231 5185
UK median daily rate £475 £440 £435
Median daily rate % change year-on-year +7.95% +1.15% +0.58%
10th Percentile £306 £300 £275
90th Percentile £650 £600 £600
UK excluding London median daily rate £440 £425 £420
% change year-on-year +3.53% +1.19% +5.00%
Number of hourly rates quoted 88 98 140
UK median hourly rate £29.50 £31.00 £29.00
Median hourly rate % change year-on-year -4.84% +6.90% +4.50%
10th Percentile £12.43 £10.01 £12.00
90th Percentile £61.83 £90.60 £54.35
UK excluding London median hourly rate £30.58 £31.23 £27.50
% change year-on-year -2.08% +13.55% -12.70%

Summit
Job Vacancy Trend

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

Job vacancy trend for Summit in the UK

Summit
Contractor Daily Rate Trend

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

Contractor daily rate trend for Summit in the UK

Summit
Contractor Daily Rate Histogram

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

Contractor daily rate histogram for Summit in the UK

Summit
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Summit in the UK

Summit
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Summit 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 +16 40 £581 +13.41% 1
London -13 39 £575 +4.55% 1
UK excluding London +28 1 £688 +52.78%
South East +5 1 £688 +10.00%

For the 6 months to 23 November 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 with a requirement for Summit.

1 22 (55.00%) Banking
2 20 (50.00%) Murex
3 15 (37.50%) Derivative
4 14 (35.00%) Investment Banking
4 14 (35.00%) Finance
5 13 (32.50%) Stakeholder Management
6 12 (30.00%) Foreign Exchange (FX)
6 12 (30.00%) Fixed Income
6 12 (30.00%) Front Office
7 11 (27.50%) SQL
8 10 (25.00%) Calypso
9 8 (20.00%) Agile Software Development
10 7 (17.50%) MiFID
11 6 (15.00%) Equities
11 6 (15.00%) OTC Derivatives
12 5 (12.50%) EMIR
12 5 (12.50%) Analytical Skills
12 5 (12.50%) Migration
12 5 (12.50%) Bloomberg
12 5 (12.50%) Business Analysis
13 4 (10.00%) Programme Management
13 4 (10.00%) PRINCE2
13 4 (10.00%) C#
13 4 (10.00%) C++
13 4 (10.00%) Dodd-Frank
13 4 (10.00%) Regulatory Compliance
14 3 (7.50%) Data Analysis
14 3 (7.50%) C
14 3 (7.50%) Perl
14 3 (7.50%) Python

Summit
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 (2.50%) SharePoint
Applications
1 2 (5.00%) Microsoft Excel
2 1 (2.50%) Microsoft Office
2 1 (2.50%) Microsoft Project
Business Applications
1 2 (5.00%) Bloomberg TOMS
1 2 (5.00%) Eikon
2 1 (2.50%) Kondor
Cloud Services
1 1 (2.50%) Amazon AWS
1 1 (2.50%) Office 365
1 1 (2.50%) Yammer
Communications & Networking
1 2 (5.00%) VPN
2 1 (2.50%) Cisco IOS
2 1 (2.50%) Internet
2 1 (2.50%) Remote Desktop
2 1 (2.50%) TCP/IP
2 1 (2.50%) WebEx
Database & Business Intelligence
1 1 (2.50%) Data Warehouse
1 1 (2.50%) RDBMS
1 1 (2.50%) Relational Database
Development Applications
1 3 (7.50%) Subversion
2 1 (2.50%) JIRA
2 1 (2.50%) Team Foundation Server
2 1 (2.50%) Visual Studio
2 1 (2.50%) Visual Studio Team System
General
1 22 (55.00%) Banking
2 14 (35.00%) Finance
2 14 (35.00%) Investment Banking
3 12 (30.00%) Front Office
4 3 (7.50%) Back Office
5 2 (5.00%) Financial Institution
6 1 (2.50%) Games
6 1 (2.50%) Hindi Language
6 1 (2.50%) Japanese Language
6 1 (2.50%) Multimedia
6 1 (2.50%) Retail
6 1 (2.50%) Retail Banking
Job Titles
1 16 (40.00%) Analyst
2 13 (32.50%) Business Analyst
3 9 (22.50%) Project Manager
4 7 (17.50%) Summit Business Analyst
5 6 (15.00%) Investment Banking Project Manager
6 3 (7.50%) Developer
6 3 (7.50%) SQL Analyst
7 2 (5.00%) Architect
7 2 (5.00%) Banking Analyst
7 2 (5.00%) Business IT Analyst
7 2 (5.00%) C++ Developer
7 2 (5.00%) Consultant
7 2 (5.00%) IT Business Analyst
7 2 (5.00%) Risk Manager
7 2 (5.00%) Senior Business Analyst
7 2 (5.00%) Solutions Architect
7 2 (5.00%) Summit Developer
7 2 (5.00%) Test Analyst
7 2 (5.00%) Test Manager
7 2 (5.00%) UAT Manager
Libraries, Frameworks & Software Standards
1 1 (2.50%) JSON
1 1 (2.50%) TensorFlow
1 1 (2.50%) XMPP
Miscellaneous
1 15 (37.50%) Derivative
2 12 (30.00%) Fixed Income
2 12 (30.00%) Foreign Exchange (FX)
3 6 (15.00%) Equities
3 6 (15.00%) OTC Derivatives
4 5 (12.50%) Analytical Skills
5 2 (5.00%) PMI
6 1 (2.50%) Blackberry
6 1 (2.50%) Cloud Native
6 1 (2.50%) Enterprise Cloud
6 1 (2.50%) Management Information System
6 1 (2.50%) Reference Data
6 1 (2.50%) Video Conferencing
Operating Systems
1 1 (2.50%) Android
1 1 (2.50%) Unix
1 1 (2.50%) Windows
1 1 (2.50%) Windows 7
Processes & Methodologies
1 13 (32.50%) Stakeholder Management
2 8 (20.00%) Agile Software Development
3 5 (12.50%) Business Analysis
3 5 (12.50%) Migration
4 4 (10.00%) PRINCE2
4 4 (10.00%) Programme Management
4 4 (10.00%) Regulatory Compliance
5 3 (7.50%) Data Analysis
6 2 (5.00%) Analytics
6 2 (5.00%) Continuous Integration
6 2 (5.00%) Kanban
6 2 (5.00%) Open Source
6 2 (5.00%) Scrum
6 2 (5.00%) Target Operating Model
6 2 (5.00%) TDD
6 2 (5.00%) Test Automation
6 2 (5.00%) Test Planning
6 2 (5.00%) User Acceptance Testing
7 1 (2.50%) Continuous Delivery
7 1 (2.50%) Data Engineering
Programming Languages
1 11 (27.50%) SQL
2 4 (10.00%) C#
2 4 (10.00%) C++
3 3 (7.50%) C
3 3 (7.50%) Perl
3 3 (7.50%) Python
3 3 (7.50%) VB
4 2 (5.00%) VBA
5 1 (2.50%) Go
5 1 (2.50%) Java
5 1 (2.50%) R
5 1 (2.50%) Ruby
5 1 (2.50%) XQuery
Qualifications
1 3 (7.50%) Degree
2 2 (5.00%) PMI Certification
2 2 (5.00%) PMP
3 1 (2.50%) A+ Certification
3 1 (2.50%) CCIE
3 1 (2.50%) CCNA
3 1 (2.50%) Cisco Certification
3 1 (2.50%) ISEB
3 1 (2.50%) MCP
3 1 (2.50%) MOS
Quality Assurance & Compliance
1 7 (17.50%) MiFID
2 5 (12.50%) EMIR
3 4 (10.00%) Dodd-Frank
4 3 (7.50%) QA
5 1 (2.50%) Data Quality
5 1 (2.50%) PMO
System Software
1 1 (2.50%) Active Directory
Systems Management
1 1 (2.50%) SCCM
Vendors
1 20 (50.00%) Murex
2 10 (25.00%) Calypso
3 5 (12.50%) Bloomberg
4 3 (7.50%) Reuters
5 2 (5.00%) Cisco
5 2 (5.00%) Misys
6 1 (2.50%) Alteryx
6 1 (2.50%) Citrix
6 1 (2.50%) Databricks
6 1 (2.50%) Dell
6 1 (2.50%) HP
6 1 (2.50%) IBM
6 1 (2.50%) Microgen
6 1 (2.50%) Microsoft
6 1 (2.50%) Sophis