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 3 months to 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Misys FusionCapital Summit
UK
Rank 571 608 608
Rank change year-on-year +37 0  
Contract jobs citing Summit 12 32 23
As % of all contract IT jobs advertised in the UK 0.027% 0.060% 0.043%
As % of the Business Applications category 0.31% 0.75% 0.49%
Number of daily rates quoted 10 14 18
Median daily rate £575 £523 £575
Median daily rate % change year-on-year +10.04% -9.13%  
90% offered a daily rate of more than £495 £327 £550
10% offered a daily rate of more than £600 £693 £650
UK excluding London median daily rate - £450 -
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 with a requirement for business application skills.

Contract Business Application Skills
UK
Contract job vacancies with a requirement for business application skills 3828 4251 4712
As % of all contract IT job vacancies advertised in the UK 8.52% 7.99% 8.72%
Number of daily rates quoted 2316 2561 2635
Median daily rate £450 £435 £450
Median daily rate % change year-on-year +3.44% -3.33%  
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 48 49 40
Median hourly rate £39.00 £27.50 £30.00
Median hourly rate % change year-on-year +41.81% -8.33%  
90% offered a hourly rate of more than £15.92 £10.80 £13.00
10% offered a hourly rate of more than £65.00 £64.75 £60.00
UK excluding London median hourly rate £39.00 £27.50 £17.50
% change year-on-year +41.81% +57.14%  

Summit
Job Vacancy Trend

The job posting trend of jobs advertised 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 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 3 months to 27 March 2017.

Contractor daily rate histogram for Summit in the UK

Summit
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Summit in the UK

Summit
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 Summit within the UK over the 3 months to 27 March 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 +31 12 £575 +12.74% 3
London +20 12 £575 - 3
City of London +4 5 £575 +9.52% 3

Summit
Top 30 Related IT Skills

For the 6 months to 27 March 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 24 (75.00%) Murex
2 22 (68.75%) Foreign Exchange (FX)
3 19 (59.38%) Derivative
4 14 (43.75%) Front Office
4 14 (43.75%) Finance
5 11 (34.38%) Banking
5 11 (34.38%) User Acceptance Testing
6 10 (31.25%) Risk Management
7 9 (28.13%) Unix
7 9 (28.13%) Windows
7 9 (28.13%) SQL
8 7 (21.88%) Perl
8 7 (21.88%) Windows Server
8 7 (21.88%) Orchestrade
9 6 (18.75%) IIS
9 6 (18.75%) Control-M
10 4 (12.50%) Oracle General Ledger
10 4 (12.50%) Migration
10 4 (12.50%) Investment Banking
10 4 (12.50%) Oracle
11 3 (9.38%) Retail
11 3 (9.38%) Stakeholder Management
11 3 (9.38%) Agile Software Development
12 2 (6.25%) Legal
12 2 (6.25%) ION Trading
12 2 (6.25%) Credit Derivative
12 2 (6.25%) VBA
12 2 (6.25%) Business Analysis
12 2 (6.25%) Data Architecture
13 1 (3.13%) Stakeholder and Relationship Management

Summit
Top Related 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 6 (18.75%) IIS
Applications
1 1 (3.13%) MS Excel
1 1 (3.13%) MS Office
1 1 (3.13%) MS PowerPoint
1 1 (3.13%) MS Project
Business Applications
1 7 (21.88%) Orchestrade
2 4 (12.50%) Oracle General Ledger
3 1 (3.13%) RMDS
Development Applications
1 1 (3.13%) JIRA
General
1 14 (43.75%) Finance
1 14 (43.75%) Front Office
2 11 (34.38%) Banking
3 4 (12.50%) Investment Banking
4 3 (9.38%) Retail
5 2 (6.25%) Legal
6 1 (3.13%) French Language
Job Titles
1 16 (50.00%) Analyst
2 7 (21.88%) Business Analyst
3 6 (18.75%) Developer
3 6 (18.75%) Murex Support
3 6 (18.75%) Test Analyst
4 5 (15.63%) Business Test Analyst
4 5 (15.63%) Credit Analyst
4 5 (15.63%) FX Test Analyst
5 4 (12.50%) Applications Support
5 4 (12.50%) Support Analyst
6 3 (9.38%) Systems Support
7 2 (6.25%) Data Business Analyst
7 2 (6.25%) Lead Business Analyst
7 2 (6.25%) Murex Analyst
7 2 (6.25%) Murex Specialist
7 2 (6.25%) Murex Support Analyst
7 2 (6.25%) Summit Developer
7 2 (6.25%) Support Specialist
7 2 (6.25%) Systems Analyst
7 2 (6.25%) Systems Support Analyst
Libraries, Frameworks & Software Standards
1 1 (3.13%) .NET
1 1 (3.13%) STL
Miscellaneous
1 22 (68.75%) Foreign Exchange (FX)
2 19 (59.38%) Derivative
3 2 (6.25%) Credit Derivative
4 1 (3.13%) Analytical Skills
4 1 (3.13%) Equities
4 1 (3.13%) Replication
Operating Systems
1 9 (28.13%) Unix
1 9 (28.13%) Windows
2 7 (21.88%) Windows Server
Processes & Methodologies
1 11 (34.38%) User Acceptance Testing
2 10 (31.25%) Risk Management
3 4 (12.50%) Migration
4 3 (9.38%) Agile Software Development
4 3 (9.38%) Stakeholder Management
5 2 (6.25%) Business Analysis
5 2 (6.25%) Data Architecture
6 1 (3.13%) Business Intelligence
6 1 (3.13%) Change Control
6 1 (3.13%) CRM
6 1 (3.13%) Project Management
6 1 (3.13%) Software Delivery
6 1 (3.13%) Stakeholder and Relationship Management
6 1 (3.13%) Supplier Management
6 1 (3.13%) System Integration Testing
6 1 (3.13%) System Testing
6 1 (3.13%) Test Planning
6 1 (3.13%) Test Strategy
6 1 (3.13%) User Stories
6 1 (3.13%) Validation
Programming Languages
1 9 (28.13%) SQL
2 7 (21.88%) Perl
3 2 (6.25%) VBA
4 1 (3.13%) C#
4 1 (3.13%) C++
4 1 (3.13%) Java
Quality Assurance & Compliance
1 1 (3.13%) MiFID
1 1 (3.13%) QA
Systems Management
1 6 (18.75%) Control-M
Vendors
1 24 (75.00%) Murex
2 4 (12.50%) Oracle
3 2 (6.25%) ION Trading
4 1 (3.13%) Reuters
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TEKsystems
Rate: £550 - £600 per day
Posted: 4 days ago