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This section looks at the demand for Credit Derivatives skills within the Docklands, London region with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Credit Derivative over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkCredit Derivatives
Location
3 months to 25 Jul 2008Same period last year
Rank2053
Rank change on same period last yearUp+33
Matching contract IT job ads7746
As % of all UK contract IT job ads sampled0.103 %0.047 %
As % of the category below17.54 %5.875 %
Daily rates quoted7322
Average minimum daily rate£538£539
Average daily rate£582£584
% change on same period last year-0.19 %
Average maximum daily rate£627£628
UK excluding London average daily rate£738£416
% change on same period last year+77.28 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
Docklands, London IT Contractor Job Market, MiscellaneousMiscellaneous
Docklands, London
Matching contract IT job ads439783
As % of all UK contract IT job ads sampled0.585 %0.792 %
Daily rates quoted297392
Average minimum daily rate£528£498
Average daily rate£573£538
% change on same period last year+6.37 %
Average maximum daily rate£618£579
UK excluding London average daily rate£352£354
% change on same period last year-0.56 %
Hourly rates quoted112
Average minimum hourly rate£25.00£19.31
Average hourly rate£27.50£20.16
% change on same period last year+36.43 %
Average maximum hourly rate£30.00£21.00
UK excluding London average hourly rate£24.44£29.20
% change on same period last year-16.30 %
Credit Derivative LondonCredit Derivative
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Credit Derivative
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Credit Derivative across the Docklands, London region as a proportion of the total demand within the Miscellaneous category.

Docklands, London Credit Derivative Demand Trend

Credit Derivative
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the Docklands, London region.

Docklands, London Credit Derivative Daily Rate Trend

Credit Derivative
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the Docklands, London region over the 3 months to 25 July 2008.

Docklands, London Credit Derivative Daily Rate Histogram

Credit Derivative
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the Docklands, London region.

Docklands, London Credit Derivative Hourly Rate Trend

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the Docklands, 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.

197 (100.00 %)Derivative
257 (58.76 %)Back Office
352 (53.61 %)Calypso
442 (43.30 %)Business Analysis
529 (29.90 %)Finance
627 (27.84 %)Java
721 (21.65 %)Banking
814 (14.43 %)Investment Banking
912 (12.37 %)FpML
912 (12.37 %)Foreign Exchange (FX)
1011 (11.34 %)Front Office
1011 (11.34 %)Interest Rate Derivative
119 (9.278 %)Migration
127 (7.216 %)Summit
134 (4.124 %)Tandem
134 (4.124 %)WebSphere
134 (4.124 %)Change Management
134 (4.124 %)Middleware
134 (4.124 %)HP
134 (4.124 %)C
134 (4.124 %)COBOL
134 (4.124 %)IBM
142 (2.062 %)Murex
142 (2.062 %)SQL
142 (2.062 %)UNIX
142 (2.062 %)Hibernate
142 (2.062 %)Spring
142 (2.062 %)Multithreading
151 (1.031 %)Credit Risk
151 (1.031 %)User Acceptance Testing

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the Docklands, 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.

Docklands, London IT Contractor Job Market, Application DevelopmentApplication Development
112 (12.37 %)FpML
24 (4.124 %)Middleware
24 (4.124 %)WebSphere
32 (2.062 %)Hibernate
32 (2.062 %)Spring
41 (1.031 %)XML
Docklands, London IT Contractor Job Market, Business ApplicationsBusiness Applications
17 (7.216 %)Summit
Docklands, London IT Contractor Job Market, GeneralGeneral
157 (58.76 %)Back Office
229 (29.90 %)Finance
321 (21.65 %)Banking
414 (14.43 %)Investment Banking
511 (11.34 %)Front Office
Docklands, London IT Contractor Job Market, Job TitlesJob Titles
157 (58.76 %)Analyst
252 (53.61 %)Business Analyst
324 (24.74 %)Developer
419 (19.59 %)Investment Banking Business Analyst
516 (16.49 %)Java Developer
611 (11.34 %)Calypso Developer
74 (4.124 %)Systems Analyst
74 (4.124 %)Analyst Developer
74 (4.124 %)Systems Developer
82 (2.062 %)Project Analyst
82 (2.062 %)Senior Developer
82 (2.062 %)Credit Analyst
82 (2.062 %)Project Manager
91 (1.031 %)Technical Business Analyst
91 (1.031 %)Operations Analyst
91 (1.031 %)Test Analyst
Docklands, London IT Contractor Job Market, MiscellaneousMiscellaneous
197 (100.00 %)Derivative
212 (12.37 %)Foreign Exchange (FX)
311 (11.34 %)Interest Rate Derivative
44 (4.124 %)Tandem
52 (2.062 %)Multithreading
61 (1.031 %)Credit Risk
61 (1.031 %)Fixed Income
Docklands, London IT Contractor Job Market, Operating SystemsOperating Systems
12 (2.062 %)UNIX
Docklands, London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
142 (43.30 %)Business Analysis
29 (9.278 %)Migration
34 (4.124 %)Change Management
41 (1.031 %)Regression Testing
41 (1.031 %)User Acceptance Testing
41 (1.031 %)Unit Testing
Docklands, London IT Contractor Job Market, Programming LanguagesProgramming Languages
127 (27.84 %)Java
24 (4.124 %)C
24 (4.124 %)COBOL
32 (2.062 %)SQL
41 (1.031 %)VB
Docklands, London IT Contractor Job Market, VendorsVendors
152 (53.61 %)Calypso
24 (4.124 %)HP
24 (4.124 %)IBM
32 (2.062 %)Murex
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