The table below looks at the prevalence of the term DTCC in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited DTCC over the 3 months to 14 February 2016 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
14 Feb 2016
Same period 2015 Same period 2014
The Depository Trust & Clearing Corporation (DTCC)
Rank 590 580 555
Rank change year-on-year
-10 -25
Contract jobs citing DTCC 1 2 10
As % of all contract IT jobs located in England 0.002% 0.004% 0.022%
As % of the Miscellaneous category 0.007% 0.014% 0.068%
Number of daily rates quoted 1 2 8
Average daily rate £650 £375 £475
Average daily rate % change year-on-year
+73.33% -21.05%
UK excluding London average daily rate - £500 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
DTCC
UK

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
15359 14723 14698
As % of all contract IT jobs located in England 32.48% 31.62% 32.82%
Number of daily rates quoted 10044 9274 8993
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £620 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 599 621 636
Average hourly rate £22.31 £18.00 £19.50
Average hourly rate % change year-on-year
+23.93% -7.69%
90% offered a hourly rate of more than £12.50 £11.50 £11.70
10% offered a hourly rate of more than £52.50 £40.00 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

DTCC
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing DTCC across the England region as a proportion of the total demand within the Miscellaneous category.

DTCC Jobs Demand Trend in England

DTCC
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing DTCC across the England region.

DTCC Daily Rate Trend in England

DTCC
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing DTCC across the England region.

DTCC Hourly Rate Trend in England

DTCC
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing DTCC within the England region over the 3 months to 14 February 2016. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +5 1 £650 +160.00% 2
DTCC
UK

DTCC
Top 25 Related IT Skills in England

For the 6 months to 14 February 2016, IT contractor jobs across the England region citing DTCC 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 DTCC.

1 3 (75.00%) Foreign Exchange (FX)
1 3 (75.00%) EMIR
1 3 (75.00%) Dodd-Frank
1 3 (75.00%) Analytical Skills
2 2 (50.00%) Summit
2 2 (50.00%) Banking
2 2 (50.00%) Investment Banking
2 2 (50.00%) Murex
2 2 (50.00%) Finance
3 1 (25.00%) Equities
3 1 (25.00%) Programme Management
3 1 (25.00%) Stakeholder Management
3 1 (25.00%) Fixed Income
3 1 (25.00%) SQL
3 1 (25.00%) MS Excel
3 1 (25.00%) Change Management
3 1 (25.00%) GAP Analysis
3 1 (25.00%) Front Office
3 1 (25.00%) Back Office
3 1 (25.00%) Derivative
3 1 (25.00%) Degree
3 1 (25.00%) MiFID
3 1 (25.00%) Spreadsheet
3 1 (25.00%) Root Cause Analysis
3 1 (25.00%) Agile Software Development

DTCC
Top Related IT Skills in England by Category

For the 6 months to 14 February 2016, IT contractor jobs across the England region citing DTCC 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 DTCC. Up to 20 skills are shown per category.

Applications
1 1 (25.00%) MS Excel
1 1 (25.00%) Spreadsheet
Business Applications
1 2 (50.00%) Summit
General
1 2 (50.00%) Banking
1 2 (50.00%) Finance
1 2 (50.00%) Investment Banking
2 1 (25.00%) Back Office
2 1 (25.00%) Front Office
Job Titles
1 4 (100.00%) Analyst
2 3 (75.00%) Business Analyst
3 2 (50.00%) Regulatory Business Analyst
3 2 (50.00%) Regulatory Reporting Business Analyst
3 2 (50.00%) Report Analyst
4 1 (25.00%) Business IT Analyst
4 1 (25.00%) Business Manager
4 1 (25.00%) Business Project Manager
4 1 (25.00%) Investment Banking Business Analyst
4 1 (25.00%) Investment Banking Project Manager
4 1 (25.00%) IT Analyst
4 1 (25.00%) IT Business Analyst
4 1 (25.00%) Project Analyst
4 1 (25.00%) Project Manager
4 1 (25.00%) Senior Analyst
Miscellaneous
1 3 (75.00%) Analytical Skills
1 3 (75.00%) Foreign Exchange (FX)
2 1 (25.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Fixed Income
Processes & Methodologies
1 1 (25.00%) Agile Software Development
1 1 (25.00%) Change Management
1 1 (25.00%) GAP Analysis
1 1 (25.00%) Programme Management
1 1 (25.00%) Root Cause Analysis
1 1 (25.00%) Stakeholder Management
Programming Languages
1 1 (25.00%) SQL
Qualifications
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 3 (75.00%) Dodd-Frank
1 3 (75.00%) EMIR
2 1 (25.00%) MiFID
Vendors
1 2 (50.00%) Murex