The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 7 December 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
7 Dec 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 148 156 179
Rank change year-on-year
+8 +23
Contract jobs citing Credit Derivative 14 7 23
As % of all contract IT jobs located in the City of London 0.44% 0.20% 0.40%
As % of the Miscellaneous category 1.07% 0.50% 1.07%
Number of daily rates quoted 12 7 16
Median daily rate £625 £600 £600
Median daily rate % change year-on-year
+4.16% -
90% offered a daily rate of more than £555 £375 £513
10% offered a daily rate of more than £650 £700 £640
UK excluding London median daily rate - £525 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Credit Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1304 1388 2154
As % of all contract IT jobs located in the City of London 40.75% 40.12% 37.57%
Number of daily rates quoted 981 1068 1669
Median daily rate £515 £500 £450
Median daily rate % change year-on-year
+3.00% +11.11%
90% offered a daily rate of more than £338 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 19 19 38
Median hourly rate £19.00 £20.25 £15.50
Median hourly rate % change year-on-year
-6.17% +30.64%
90% offered a hourly rate of more than £13.70 £12.70 £11.60
10% offered a hourly rate of more than £55.00 £30.85 £22.20
UK excluding London median hourly rate £18.91 £20.00 £16.72
% change year-on-year
-5.46% +19.61%

Credit Derivative
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Credit Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Credit Derivative Jobs Demand Trend in the City of London

Credit Derivative
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the City of London region.

Credit Derivative Daily Rate Trend in the City of London

Credit Derivative
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the City of London region over the 3 months to 7 December 2016.

Credit Derivative Daily Rate Histogram in the City of London

Credit Derivative
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the City of London region.

Credit Derivative Hourly Rate Trend in the City of London

Credit Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 7 December 2016, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Credit Derivative.

1 20 (100.00%) Derivative
2 17 (85.00%) Front Office
3 16 (80.00%) Fixed Income
4 11 (55.00%) Finance
5 8 (40.00%) Foreign Exchange (FX)
6 7 (35.00%) SQL
7 6 (30.00%) Oracle
7 6 (30.00%) Java
7 6 (30.00%) OO
7 6 (30.00%) FIX Protocol
8 5 (25.00%) Multithreading
8 5 (25.00%) Electronic Trading
8 5 (25.00%) RMDS
8 5 (25.00%) Equities
8 5 (25.00%) Banking
8 5 (25.00%) JUnit
8 5 (25.00%) Linux
8 5 (25.00%) TIBCO
8 5 (25.00%) Rendezvous
8 5 (25.00%) Reuters
9 4 (20.00%) Risk Management
9 4 (20.00%) Python
9 4 (20.00%) Murex
9 4 (20.00%) Market Risk
10 3 (15.00%) C#
10 3 (15.00%) Migration
11 2 (10.00%) Management Information System
11 2 (10.00%) SQL Server
11 2 (10.00%) Fidessa
11 2 (10.00%) XML

Credit Derivative
Top Related IT Skills in the City of London 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:

Applications
1 1 (5.00%) Spreadsheet
Business Applications
1 5 (25.00%) RMDS
2 2 (10.00%) Global One
2 2 (10.00%) Minerva
2 2 (10.00%) Sentinel
2 2 (10.00%) Tesseract
Database & Business Intelligence
1 2 (10.00%) SQL Server
2 1 (5.00%) Data Warehouse
Development Applications
1 5 (25.00%) JUnit
General
1 17 (85.00%) Front Office
2 11 (55.00%) Finance
3 5 (25.00%) Banking
4 2 (10.00%) Investment Banking
5 1 (5.00%) Back Office
Job Titles
1 10 (50.00%) Analyst
2 8 (40.00%) Business Analyst
2 8 (40.00%) Developer
3 7 (35.00%) Senior Developer
4 5 (25.00%) Electronic Trading Developer
4 5 (25.00%) Electronic Trading Java Developer
4 5 (25.00%) Java Developer
4 5 (25.00%) Senior Java Developer
5 4 (20.00%) Market Risk Analyst
5 4 (20.00%) Market Risk Business Analyst
5 4 (20.00%) Murex Analyst
5 4 (20.00%) Murex Business Analyst
5 4 (20.00%) Risk Analyst
5 4 (20.00%) Risk Business Analyst
6 3 (15.00%) Market Analyst
7 2 (10.00%) C# Developer
7 2 (10.00%) Senior C# Developer
8 1 (5.00%) Credit Analyst
8 1 (5.00%) QA Engineer
8 1 (5.00%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 6 (30.00%) FIX Protocol
2 5 (25.00%) Rendezvous
3 2 (10.00%) XML
4 1 (5.00%) HTML
4 1 (5.00%) HTML5
Miscellaneous
1 20 (100.00%) Derivative
2 16 (80.00%) Fixed Income
3 8 (40.00%) Foreign Exchange (FX)
4 5 (25.00%) Equities
5 4 (20.00%) Market Risk
6 2 (10.00%) Management Information System
6 2 (10.00%) OTC Derivatives
7 1 (5.00%) Analytical Skills
7 1 (5.00%) Grid Computing
7 1 (5.00%) Interest Rate Derivative
Operating Systems
1 5 (25.00%) Linux
2 1 (5.00%) Unix
Processes & Methodologies
1 6 (30.00%) OO
2 5 (25.00%) Electronic Trading
2 5 (25.00%) Multithreading
3 4 (20.00%) Risk Management
4 3 (15.00%) Migration
5 2 (10.00%) Asset Management
5 2 (10.00%) Collateral Management
5 2 (10.00%) Data Migration
5 2 (10.00%) Fund Management
5 2 (10.00%) Garbage Collection
5 2 (10.00%) Greeks
6 1 (5.00%) Analytics
6 1 (5.00%) Financial Analysis
6 1 (5.00%) Internal Audit
6 1 (5.00%) Performance Optimisation
6 1 (5.00%) QA Automation
6 1 (5.00%) Quantitative Finance
6 1 (5.00%) SDLC
6 1 (5.00%) Test Automation
6 1 (5.00%) User Stories
Programming Languages
1 7 (35.00%) SQL
2 6 (30.00%) Java
3 4 (20.00%) Python
4 3 (15.00%) C#
5 1 (5.00%) C++
5 1 (5.00%) JavaScript
5 1 (5.00%) PL/SQL
5 1 (5.00%) VBScript
Qualifications
1 2 (10.00%) Degree
Quality Assurance & Compliance
1 1 (5.00%) QA
Systems Management
1 1 (5.00%) HP Quality Center
Vendors
1 6 (30.00%) Oracle
2 5 (25.00%) Reuters
2 5 (25.00%) TIBCO
3 4 (20.00%) Murex
4 2 (10.00%) Fidessa
5 1 (5.00%) HP
City, London
McGregor Boyall
Rate: £400 - £450 per day
Posted: 5 hours ago