The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 23 January 2017 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
23 Jan 2017
Same period 2016 Same period 2015
Credit Derivatives
England / London
Rank 370 371 352
Rank change year-on-year
+1 -19
Contract jobs citing Credit Derivative 30 41 63
As % of all contract IT jobs located in London 0.15% 0.20% 0.30%
As % of the Miscellaneous category 0.43% 0.55% 0.83%
Number of daily rates quoted 21 27 53
Median daily rate £613 £600 £600
Median daily rate % change year-on-year
+2.08% -
90% offered a daily rate of more than £550 £525 £485
10% offered a daily rate of more than £700 £1,100 £646
UK excluding London median daily rate - - £505
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7031 7446 7585
As % of all contract IT jobs located in London 36.07% 36.07% 35.99%
Number of daily rates quoted 4853 5157 5321
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £313 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 110 138 153
Median hourly rate £27.50 £22.06 £18.00
Median hourly rate % change year-on-year
+24.67% +22.54%
90% offered a hourly rate of more than £14.02 £13.00 £13.25
10% offered a hourly rate of more than £55.00 £42.50 £37.00
UK excluding London median hourly rate £19.00 £21.50 £17.50
% change year-on-year
-11.62% +22.85%

Credit Derivative
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 London

Credit Derivative
Daily Rate Trend in London

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

Credit Derivative Daily Rate Trend in London

Credit Derivative
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the London region over the 3 months to 23 January 2017.

Credit Derivative Daily Rate Histogram in London

Credit Derivative
Hourly Rate Trend in London

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

Credit Derivative Hourly Rate Trend in London

Credit Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the London region over the 3 months to 23 January 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
City of London -2 6 £550 +4.76% 5
Canary Wharf - 1 £600 -
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 23 January 2017, 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 London region with a requirement for Credit Derivative.

1 54 (91.53%) Derivative
2 35 (59.32%) Fixed Income
3 32 (54.24%) Finance
4 27 (45.76%) Front Office
5 18 (30.51%) C#
5 18 (30.51%) Java
5 18 (30.51%) SQL
6 17 (28.81%) Foreign Exchange (FX)
6 17 (28.81%) Banking
7 13 (22.03%) Oracle
8 11 (18.64%) Unix
8 11 (18.64%) Multithreading
9 10 (16.95%) Monte Carlo Method
9 10 (16.95%) OO
10 9 (15.25%) Linux
10 9 (15.25%) Risk Management
10 9 (15.25%) Electronic Trading
11 8 (13.56%) Market Risk
11 8 (13.56%) Equities
11 8 (13.56%) C++
12 7 (11.86%) TIBCO
12 7 (11.86%) Rendezvous
12 7 (11.86%) Agile Software Development
12 7 (11.86%) Statistics
12 7 (11.86%) FIX Protocol
12 7 (11.86%) Computer Science
12 7 (11.86%) QA
12 7 (11.86%) Analytical Skills
12 7 (11.86%) Analytics
12 7 (11.86%) Algorithms

Credit Derivative
Top Related IT Skills in 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:

Application Platforms
1 3 (5.08%) Oracle Coherence
1 3 (5.08%) Tomcat
2 1 (1.69%) Confluence
2 1 (1.69%) Elasticsearch
Applications
1 6 (10.17%) LaTeX
2 3 (5.08%) Doxygen
3 2 (3.39%) MS Excel
Business Applications
1 6 (10.17%) RMDS
2 4 (6.78%) Summit
3 2 (3.39%) Global One
3 2 (3.39%) Minerva
3 2 (3.39%) Sentinel
3 2 (3.39%) Tesseract
4 1 (1.69%) Bloomberg TOMS
4 1 (1.69%) ION MarketView
Cloud Services
1 1 (1.69%) Cloud Computing
Database & Business Intelligence
1 4 (6.78%) SQL Server
2 3 (5.08%) Hadoop
2 3 (5.08%) Relational Database
3 1 (1.69%) Big Data
3 1 (1.69%) Sybase ASE
Development Applications
1 5 (8.47%) JUnit
2 3 (5.08%) Git (software)
3 2 (3.39%) Subversion
4 1 (1.69%) Eclipse
4 1 (1.69%) IntelliJ
4 1 (1.69%) Jasmine
4 1 (1.69%) JIRA
4 1 (1.69%) Karma Test Runner
4 1 (1.69%) Maven
4 1 (1.69%) Mockito
4 1 (1.69%) NUnit
General
1 32 (54.24%) Finance
2 27 (45.76%) Front Office
3 17 (28.81%) Banking
4 4 (6.78%) Financial Institution
4 4 (6.78%) Investment Banking
5 3 (5.08%) Legal
6 2 (3.39%) Back Office
7 1 (1.69%) Corporate Banking
7 1 (1.69%) Law
7 1 (1.69%) Prime Brokerage
7 1 (1.69%) Retail
7 1 (1.69%) Spanish Language
Job Titles
1 29 (49.15%) Analyst
2 26 (44.07%) Developer
3 13 (22.03%) Business Analyst
3 13 (22.03%) Java Developer
4 9 (15.25%) Qualitative Analyst
4 9 (15.25%) Quantitative Analyst
5 7 (11.86%) Senior Developer
6 6 (10.17%) C# Developer
7 5 (8.47%) Electronic Trading Developer
7 5 (8.47%) Electronic Trading Java Developer
7 5 (8.47%) Senior Java Developer
7 5 (8.47%) Support Analyst
8 4 (6.78%) Market Risk Analyst
8 4 (6.78%) Market Risk Business Analyst
8 4 (6.78%) Murex Analyst
8 4 (6.78%) Murex Business Analyst
8 4 (6.78%) Risk Analyst
8 4 (6.78%) Risk Business Analyst
9 3 (5.08%) Applications Support Analyst
9 3 (5.08%) Perl Developer
Libraries, Frameworks & Software Standards
1 7 (11.86%) FIX Protocol
1 7 (11.86%) Rendezvous
2 5 (8.47%) .NET
3 3 (5.08%) HTML
3 3 (5.08%) HTML5
3 3 (5.08%) XML
4 2 (3.39%) Akka
5 1 (1.69%) AngularJS
5 1 (1.69%) Apache Camel
5 1 (1.69%) ASP.NET
5 1 (1.69%) ASP.NET MVC
5 1 (1.69%) ASP.NET Web API
5 1 (1.69%) COM
5 1 (1.69%) CORBA
5 1 (1.69%) CSS
5 1 (1.69%) RESTful
5 1 (1.69%) STL
5 1 (1.69%) TIBCO EMS
5 1 (1.69%) WPF
5 1 (1.69%) XSLT
Miscellaneous
1 54 (91.53%) Derivative
2 35 (59.32%) Fixed Income
3 17 (28.81%) Foreign Exchange (FX)
4 8 (13.56%) Equities
4 8 (13.56%) Market Risk
5 7 (11.86%) Algorithms
5 7 (11.86%) Analytical Skills
5 7 (11.86%) Computer Science
5 7 (11.86%) Statistics
6 4 (6.78%) Interest Rate Derivative
7 3 (5.08%) Data Structures
7 3 (5.08%) Fintech
7 3 (5.08%) OTC Derivatives
8 2 (3.39%) Equity Derivative
8 2 (3.39%) Management Information System
8 2 (3.39%) Wiki
9 1 (1.69%) Credit Risk
9 1 (1.69%) Grid Computing
9 1 (1.69%) Mathematics
Operating Systems
1 11 (18.64%) Unix
2 9 (15.25%) Linux
3 3 (5.08%) Windows
4 1 (1.69%) Solaris
4 1 (1.69%) Windows Server
Processes & Methodologies
1 11 (18.64%) Multithreading
2 10 (16.95%) Monte Carlo Method
2 10 (16.95%) OO
3 9 (15.25%) Electronic Trading
3 9 (15.25%) Risk Management
4 7 (11.86%) Agile Software Development
4 7 (11.86%) Analytics
5 6 (10.17%) Change Management
6 5 (8.47%) Migration
7 4 (6.78%) Quantitative Finance
8 3 (5.08%) Business Analysis
8 3 (5.08%) Financial Modelling
8 3 (5.08%) Test Scripting
9 2 (3.39%) Asset Management
9 2 (3.39%) E-Commerce
9 2 (3.39%) Greeks
9 2 (3.39%) Manual Testing
9 2 (3.39%) Project Management
9 2 (3.39%) Stakeholder Management
9 2 (3.39%) User Acceptance Testing
Programming Languages
1 18 (30.51%) C#
1 18 (30.51%) Java
1 18 (30.51%) SQL
2 8 (13.56%) C++
3 6 (10.17%) Scala
4 5 (8.47%) Perl
4 5 (8.47%) Python
4 5 (8.47%) R
5 3 (5.08%) JavaScript
6 2 (3.39%) VBA
7 1 (1.69%) VBScript
7 1 (1.69%) VC++
Qualifications
1 5 (8.47%) PhD
2 2 (3.39%) Degree
Quality Assurance & Compliance
1 7 (11.86%) QA
2 2 (3.39%) MiFID
System Software
1 1 (1.69%) Tivoli Workload Scheduler
Systems Management
1 2 (3.39%) HP Quality Center
2 1 (1.69%) Tivoli
Vendors
1 13 (22.03%) Oracle
2 7 (11.86%) TIBCO
3 6 (10.17%) Reuters
4 5 (8.47%) ION Trading
4 5 (8.47%) Murex
5 3 (5.08%) Fidessa
5 3 (5.08%) Microsoft
6 2 (3.39%) Bloomberg
6 2 (3.39%) Calypso
7 1 (1.69%) DevExpress
7 1 (1.69%) HP
7 1 (1.69%) Perforce
7 1 (1.69%) Sun
7 1 (1.69%) Sybase
7 1 (1.69%) Syncfusion
City, London
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Rate: £550.00 - £675.00 per day
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