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 average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 22 August 2014 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
22 Aug 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 310 323 344
Rank change year-on-year
+13 +21
Contract jobs citing Credit Derivative 100 101 72
As % of all contract IT jobs located in London 0.41% 0.40% 0.28%
As % of the Miscellaneous category 1.35% 1.24% 0.87%
Number of daily rates quoted 68 72 61
Average daily rate
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of your Daily Rate
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£588 £550 £558
Average daily rate % change year-on-year
+6.81% -1.43%
90% offered a daily rate of more than £450 £400 £450
10% offered a daily rate of more than £625 £674 £700
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
England

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
7417 8177 8232
As % of all contract IT jobs located in London 30.55% 32.44% 31.46%
Number of daily rates quoted 4918 5623 5610
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £625 £640 £625
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 160 173 219
Average hourly rate £18.00 £20.00 £22.32
Average hourly rate % change year-on-year
-10.00% -10.39%
90% offered a hourly rate of more than £14.02 £13.20 £13.00
10% offered a hourly rate of more than £44.00 £46.20 £40.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Credit Derivative
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the London region as a proportion of the total demand within 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 22 August 2014.

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 average contractor rates quoted in IT jobs citing Credit Derivative within the London region over the 3 months to 22 August 2014. 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
City of London +9 23 £625 +19.04% 6
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 22 August 2014, IT contractor jobs across the 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.

1 166 (95.40%) Derivative
2 101 (58.05%) Banking
3 100 (57.47%) Front Office
4 80 (45.98%) Investment Banking
5 75 (43.10%) Finance
6 74 (42.53%) SQL
7 62 (35.63%) Fixed Income
7 62 (35.63%) Oracle
8 43 (24.71%) Credit Risk
9 41 (23.56%) Foreign Exchange (FX)
10 40 (22.99%) Analytics
11 38 (21.84%) Risk Management
12 36 (20.69%) Business Analysis
13 34 (19.54%) C#
14 33 (18.97%) C++
14 33 (18.97%) XML
15 31 (17.82%) Linux
15 31 (17.82%) Java
15 31 (17.82%) Risk Analytics
16 30 (17.24%) OO
17 29 (16.67%) TDD
18 27 (15.52%) Back Office
18 27 (15.52%) Oracle Database
19 25 (14.37%) OOD
20 22 (12.64%) Python
21 21 (12.07%) UNIX
22 20 (11.49%) .NET
23 19 (10.92%) Django
24 18 (10.34%) Software Engineering
24 18 (10.34%) Twisted

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 22 August 2014, IT contractor jobs across the 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 17 (9.77%) WebSphere
2 5 (2.87%) Oracle Coherence
3 2 (1.15%) GemFire
Applications
1 5 (2.87%) MS Excel
2 4 (2.30%) MS PowerPoint
2 4 (2.30%) MS Visio
3 1 (0.57%) MS Project
Business Applications
1 6 (3.45%) ION MarketView
2 1 (0.57%) Summit
2 1 (0.57%) Advent Geneva
Database & Business Intelligence
1 27 (15.52%) Oracle Database
2 16 (9.20%) ObjectStore
2 16 (9.20%) PostgreSQL
3 12 (6.90%) Oracle Database 10g
4 11 (6.32%) SQL Server
5 10 (5.75%) Relational Database
6 7 (4.02%) Data Warehouse
6 7 (4.02%) Oracle Database 11g
7 6 (3.45%) MS Access
8 3 (1.72%) RDBMS
8 3 (1.72%) OLAP
9 2 (1.15%) Apache Cassandra
9 2 (1.15%) SQL Server Analysis Services
9 2 (1.15%) SQL Server 2008
10 1 (0.57%) SQLPlus
10 1 (0.57%) Microsoft Analysis Services
10 1 (0.57%) BusinessObjects Web Intelligence
10 1 (0.57%) Oracle OLAP
10 1 (0.57%) QlikView
10 1 (0.57%) SQL Server 2005
Development Applications
1 6 (3.45%) JIRA
2 5 (2.87%) Visual Studio
2 5 (2.87%) CruiseControl
2 5 (2.87%) TeamCity
3 4 (2.30%) QuickTest Pro
3 4 (2.30%) Eclipse
3 4 (2.30%) IntelliJ
4 1 (0.57%) Toad
4 1 (0.57%) Subversion
4 1 (0.57%) Git (software)
4 1 (0.57%) StyleCop
4 1 (0.57%) Jenkins
General
1 101 (58.05%) Banking
2 100 (57.47%) Front Office
3 80 (45.98%) Investment Banking
4 75 (43.10%) Finance
5 27 (15.52%) Back Office
6 7 (4.02%) Publishing
7 1 (0.57%) Legal
7 1 (0.57%) Financial Institution
7 1 (0.57%) French Language
Job Titles
1 90 (51.72%) Analyst
2 64 (36.78%) Developer
3 56 (32.18%) Business Analyst
4 21 (12.07%) C++ Developer
5 20 (11.49%) Python Developer
6 18 (10.34%) Java Developer
7 15 (8.62%) Credit Risk Analyst
8 14 (8.05%) Test Analyst
8 14 (8.05%) C# Developer
9 12 (6.90%) Investment Banking Business Analyst
10 10 (5.75%) C# .NET Developer
11 9 (5.17%) Banking Business Analyst
12 8 (4.60%) Risk Analyst
12 8 (4.60%) .NET Developer
13 7 (4.02%) Author
13 7 (4.02%) Support Analyst
14 6 (3.45%) Credit Analyst
14 6 (3.45%) Credit Risk Business Analyst
15 5 (2.87%) Tools Developer
16 4 (2.30%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 33 (18.97%) XML
2 20 (11.49%) .NET
3 19 (10.92%) Django
4 18 (10.34%) Twisted
4 18 (10.34%) Boost C++ Libraries
5 17 (9.77%) WebSphere MQ
6 16 (9.20%) ZeroMQ
7 14 (8.05%) Spring
7 14 (8.05%) Hibernate
8 13 (7.47%) WPF
9 12 (6.90%) FpML
9 12 (6.90%) STL
10 9 (5.17%) WCF
11 8 (4.60%) .NET Framework
11 8 (4.60%) Middleware
12 7 (4.02%) XML Schema
12 7 (4.02%) FIXML
12 7 (4.02%) LINQ
13 6 (3.45%) RESTful
13 6 (3.45%) HTML
Miscellaneous
1 166 (95.40%) Derivative
2 62 (35.63%) Fixed Income
3 43 (24.71%) Credit Risk
4 41 (23.56%) Foreign Exchange (FX)
5 17 (9.77%) Equities
6 15 (8.62%) Market Risk
7 13 (7.47%) Interest Rate Derivative
7 13 (7.47%) Equity Derivative
8 6 (3.45%) Visualisation
9 5 (2.87%) Grid Computing
10 4 (2.30%) Computer Science
11 3 (1.72%) Mathematics
12 1 (0.57%) Client/Server
12 1 (0.57%) Management Information System
12 1 (0.57%) Inversion of Control
12 1 (0.57%) SWIFT
12 1 (0.57%) Reference Data
12 1 (0.57%) Hybrid Derivative
12 1 (0.57%) Applied Mathematics
12 1 (0.57%) DTCC
Operating Systems
1 31 (17.82%) Linux
2 21 (12.07%) UNIX
3 17 (9.77%) Windows
4 8 (4.60%) Oracle Linux
Processes & Methodologies
1 40 (22.99%) Analytics
2 38 (21.84%) Risk Management
3 36 (20.69%) Business Analysis
4 31 (17.82%) Risk Analytics
5 30 (17.24%) OO
6 29 (16.67%) TDD
7 25 (14.37%) OOD
8 18 (10.34%) Software Engineering
9 17 (9.77%) Manual Testing
10 14 (8.05%) Systems Analysis
11 13 (7.47%) Electronic Trading
12 12 (6.90%) Agile Software Development
13 11 (6.32%) Automated Testing
13 11 (6.32%) Test Strategy
14 10 (5.75%) Root Cause Analysis
14 10 (5.75%) Test Automation
14 10 (5.75%) User Acceptance Testing
14 10 (5.75%) Multithreading
14 10 (5.75%) Workflow
15 8 (4.60%) Use Case
Programming Languages
1 74 (42.53%) SQL
2 34 (19.54%) C#
3 33 (18.97%) C++
4 31 (17.82%) Java
5 22 (12.64%) Python
6 7 (4.02%) PL/SQL
6 7 (4.02%) VBA
7 5 (2.87%) JavaScript
8 4 (2.30%) Scala
9 2 (1.15%) F#
9 2 (1.15%) T-SQL
10 1 (0.57%) MATLAB
10 1 (0.57%) C
10 1 (0.57%) XAML
Qualifications
1 9 (5.17%) Degree
2 2 (1.15%) CFA
2 2 (1.15%) MBA
Quality Assurance & Compliance
1 14 (8.05%) Basel III
2 8 (4.60%) EMIR
2 8 (4.60%) Dodd-Frank
3 5 (2.87%) QA
4 2 (1.15%) CRD IV
5 1 (0.57%) GCP
5 1 (0.57%) Data Quality
5 1 (0.57%) MiFID
Systems Management
1 5 (2.87%) HP Quality Center
2 4 (2.30%) ITRS Geneos
Vendors
1 62 (35.63%) Oracle
2 13 (7.47%) Tradeweb
3 12 (6.90%) ION Trading
3 12 (6.90%) Bloomberg
4 11 (6.32%) DataSynapse
5 7 (4.02%) Murex
5 7 (4.02%) CA
6 6 (3.45%) Calypso
7 4 (2.30%) MarketAxess
7 4 (2.30%) Sybase
7 4 (2.30%) Microsoft
8 3 (1.72%) Sun
9 2 (1.15%) Business Objects
9 2 (1.15%) Remedy
9 2 (1.15%) Reuters
10 1 (0.57%) TIBCO
10 1 (0.57%) MicroStrategy
10 1 (0.57%) HP
10 1 (0.57%) Sophis
10 1 (0.57%) DevExpress
City of London
Streamline Connections
Rate: £450 - £500 per day
Posted: 12 hours ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £500 - £800 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £575 - £675 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 4 days ago
London
Canary Wharf and City
Rate: Up to £550 per day
Posted: 4 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £600 per day
Posted: 7 days ago