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 average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 4 September 2015 with a comparison to the same period in 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.

Location
3 months to
4 Sep 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 181 181 187
Rank change year-on-year
0 +6
Contract jobs citing Credit Derivative 15 23 39
As % of all contract IT jobs located in the City of London 0.29% 0.40% 0.55%
As % of the Miscellaneous category 0.75% 1.10% 1.41%
Number of daily rates quoted 11 21 29
Average daily rate
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£575 £625 £525
Average daily rate % change year-on-year
-8.00% +19.04%
90% offered a daily rate of more than £550 £550 £315
10% offered a daily rate of more than £700 £625 £675
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
1992 2095 2772
As % of all contract IT jobs located in the City of London 37.87% 36.07% 38.80%
Number of daily rates quoted 1585 1483 2029
Average daily rate £475 £475 £485
Average daily rate % change year-on-year
- -2.06%
90% offered a daily rate of more than £294 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 35 46 62
Average hourly rate £17.99 £18.75 £20.00
Average hourly rate % change year-on-year
-4.05% -6.25%
90% offered a hourly rate of more than £12.67 £12.50 £14.50
10% offered a hourly rate of more than £24.23 £36.50 £48.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Credit Derivative
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the City of London region as a proportion of the total demand within 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 4 September 2015.

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 4 September 2015, IT contractor jobs across the City of London region citing Credit Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative.

1 29 (100.00%) Derivative
2 22 (75.86%) Finance
3 17 (58.62%) Front Office
4 14 (48.28%) C#
4 14 (48.28%) OO
4 14 (48.28%) Banking
5 13 (44.83%) Risk Management
6 12 (41.38%) Investment Banking
6 12 (41.38%) Greeks
7 11 (37.93%) Agile Software Development
7 11 (37.93%) SQL
8 10 (34.48%) SQL Server
8 10 (34.48%) Foreign Exchange (FX)
9 7 (24.14%) Migration
9 7 (24.14%) Java
10 6 (20.69%) Equities
10 6 (20.69%) Credit Risk
10 6 (20.69%) Data Migration
10 6 (20.69%) Analytics
10 6 (20.69%) Garbage Collection
11 5 (17.24%) Fixed Income
11 5 (17.24%) VBA
11 5 (17.24%) Data Modelling
12 4 (13.79%) .NET
12 4 (13.79%) Python
12 4 (13.79%) C++
12 4 (13.79%) TDD
12 4 (13.79%) BDD
12 4 (13.79%) Data Management
12 4 (13.79%) WPF

Credit Derivative
Top Related IT Skills in the City of London by Category

For the 6 months to 4 September 2015, IT contractor jobs across the City of London region citing Credit Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative. Up to 20 skills are shown per category.

Application Platforms
1 1 (3.45%) Confluence
1 1 (3.45%) Apache Spark
Applications
1 1 (3.45%) Spreadsheet
Business Applications
1 1 (3.45%) Summit
1 1 (3.45%) RMDS
Database & Business Intelligence
1 10 (34.48%) SQL Server
2 3 (10.34%) Hadoop
2 3 (10.34%) Apache Hive
2 3 (10.34%) RDBMS
2 3 (10.34%) Big Data
2 3 (10.34%) Relational Database
2 3 (10.34%) Impala
3 2 (6.90%) BusinessObjects
3 2 (6.90%) HBase
4 1 (3.45%) OLAP
4 1 (3.45%) QlikView
4 1 (3.45%) BusinessObjects XI
4 1 (3.45%) SQL Server Analysis Services
Development Applications
1 3 (10.34%) JIRA
2 1 (3.45%) Git (software)
2 1 (3.45%) Visual Studio
General
1 22 (75.86%) Finance
2 17 (58.62%) Front Office
3 14 (48.28%) Banking
4 12 (41.38%) Investment Banking
5 1 (3.45%) Back Office
Job Titles
1 16 (55.17%) Developer
2 10 (34.48%) Analyst
2 10 (34.48%) C# Developer
3 8 (27.59%) Senior Developer
4 7 (24.14%) Business Analyst
4 7 (24.14%) Senior C# Developer
5 3 (10.34%) Technical Business Analyst
5 3 (10.34%) Technical Analyst
6 2 (6.90%) Quantitative Developer
6 2 (6.90%) Data Analyst
6 2 (6.90%) Risk Analyst
6 2 (6.90%) C++ Quantitative Developer
6 2 (6.90%) C++ Developer
6 2 (6.90%) IT Business Analyst
7 1 (3.45%) Python Developer
7 1 (3.45%) Junior Data Analyst
7 1 (3.45%) Junior Analyst
7 1 (3.45%) Investment Banking Business Analyst
7 1 (3.45%) RAD Developer
7 1 (3.45%) Architect
Libraries, Frameworks & Software Standards
1 4 (13.79%) .NET
1 4 (13.79%) WPF
2 3 (10.34%) XML
2 3 (10.34%) FpML
3 2 (6.90%) Akka
4 1 (3.45%) Play Framework
4 1 (3.45%) HTML
4 1 (3.45%) JMS
4 1 (3.45%) Web Services
4 1 (3.45%) HTML5
4 1 (3.45%) REST
4 1 (3.45%) Reactive Extensions
Miscellaneous
1 29 (100.00%) Derivative
2 10 (34.48%) Foreign Exchange (FX)
3 6 (20.69%) Equities
3 6 (20.69%) Credit Risk
4 5 (17.24%) Fixed Income
5 3 (10.34%) Market Risk
6 2 (6.90%) Reference Data
6 2 (6.90%) Analytical Skills
6 2 (6.90%) Management Information System
6 2 (6.90%) Replication
6 2 (6.90%) Interest Rate Derivative
6 2 (6.90%) Mathematics
6 2 (6.90%) Computer Science
7 1 (3.45%) Equity Derivative
7 1 (3.45%) CUDA
Operating Systems
1 2 (6.90%) UNIX
1 2 (6.90%) Windows
Processes & Methodologies
1 14 (48.28%) OO
2 13 (44.83%) Risk Management
3 12 (41.38%) Greeks
4 11 (37.93%) Agile Software Development
5 7 (24.14%) Migration
6 6 (20.69%) Data Migration
6 6 (20.69%) Analytics
6 6 (20.69%) Garbage Collection
7 5 (17.24%) Data Modelling
8 4 (13.79%) TDD
8 4 (13.79%) Data Management
8 4 (13.79%) BDD
8 4 (13.79%) User Acceptance Testing
9 3 (10.34%) Multithreading
9 3 (10.34%) Software Engineering
9 3 (10.34%) Business Analysis
9 3 (10.34%) Test Automation
9 3 (10.34%) Stakeholder Management
10 2 (6.90%) Workflow
10 2 (6.90%) Data Analysis
Programming Languages
1 14 (48.28%) C#
2 11 (37.93%) SQL
3 7 (24.14%) Java
4 5 (17.24%) VBA
5 4 (13.79%) Python
5 4 (13.79%) C++
6 2 (6.90%) Scala
6 2 (6.90%) C
7 1 (3.45%) PL/SQL
Qualifications
1 2 (6.90%) Degree
Quality Assurance & Compliance
1 2 (6.90%) QA
1 2 (6.90%) Data Quality
2 1 (3.45%) Dodd-Frank
2 1 (3.45%) Basel III
System Software
1 3 (10.34%) Apache Flume
1 3 (10.34%) HDFS
Systems Management
1 3 (10.34%) Oozie
Vendors
1 2 (6.90%) MicroStrategy
2 1 (3.45%) TIBCO
2 1 (3.45%) ION Trading
2 1 (3.45%) DataSynapse
2 1 (3.45%) Actian
2 1 (3.45%) Microsoft
2 1 (3.45%) Murex
2 1 (3.45%) Calypso
City of London
Hays IT - Uk Posting account
Rate: £550.00 per day
Posted: 22 days ago