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 3 May 2016 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
3 May 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 377 382 358
Rank change year-on-year
+5 -24
Contract jobs citing Credit Derivative 67 38 76
As % of all contract IT jobs located in London 0.29% 0.17% 0.32%
As % of the Miscellaneous category 0.81% 0.47% 0.85%
Number of daily rates quoted 56 31 47
Median daily rate £610 £600 £550
Median daily rate % change year-on-year
+1.66% +9.09%
90% offered a daily rate of more than £540 £525 £375
10% offered a daily rate of more than £913 £725 £625
UK excluding London median daily rate - £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
8278 8142 8971
As % of all contract IT jobs located in London 36.24% 36.46% 37.85%
Number of daily rates quoted 5925 5516 6291
Median daily rate £475 £470 £450
Median daily rate % change year-on-year
+1.06% +4.44%
90% offered a daily rate of more than £297 £285 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 118 125 162
Median hourly rate £22.00 £17.87 £21.00
Median hourly rate % change year-on-year
+23.14% -14.92%
90% offered a hourly rate of more than £12.50 £13.00 £14.02
10% offered a hourly rate of more than £55.00 £48.00 £41.00
UK excluding London median hourly rate £22.00 £19.00 £20.38
% change year-on-year
+15.78% -6.74%

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 3 May 2016.

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 3 May 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
(Click see detailed
statistics and trends)
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 +33 8 £638 -5.55%
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 3 May 2016, 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.

1 109 (98.20%) Derivative
2 66 (59.46%) Finance
3 62 (55.86%) Risk Management
4 61 (54.95%) Front Office
5 49 (44.14%) Credit Risk
6 44 (39.64%) Fixed Income
7 43 (38.74%) Foreign Exchange (FX)
8 39 (35.14%) Banking
9 34 (30.63%) C#
10 32 (28.83%) C++
10 32 (28.83%) Murex
11 29 (26.13%) Market Risk
12 23 (20.72%) Investment Banking
12 23 (20.72%) SQL
12 23 (20.72%) Multithreading
13 20 (18.02%) Java
14 19 (17.12%) Migration
15 18 (16.22%) Calypso
16 17 (15.32%) Validation
16 17 (15.32%) Spring
16 17 (15.32%) ION Trading
16 17 (15.32%) Mathematics
16 17 (15.32%) Spring Integration
17 16 (14.41%) Bloomberg
18 15 (13.51%) HTML
18 15 (13.51%) OO
18 15 (13.51%) Data Analysis
18 15 (13.51%) AngularJS
18 15 (13.51%) QA
19 14 (12.61%) Monte Carlo Method

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 (2.70%) WebSphere
2 2 (1.80%) Tomcat
Applications
1 3 (2.70%) MS Visio
2 1 (0.90%) MS Excel
2 1 (0.90%) Spreadsheet
Business Applications
1 9 (8.11%) ION MarketView
2 4 (3.60%) Front Arena
3 1 (0.90%) SunGard GMI
Communications & Networking
1 1 (0.90%) NAS
1 1 (0.90%) SAN
Database & Business Intelligence
1 12 (10.81%) SQL Server
2 7 (6.31%) Relational Database
2 7 (6.31%) SQL Server Analysis Services
3 3 (2.70%) ObjectStore
3 3 (2.70%) PostgreSQL
4 2 (1.80%) Data Warehouse
4 2 (1.80%) MySQL
4 2 (1.80%) NoSQL
4 2 (1.80%) Star Schema
5 1 (0.90%) Oracle Database
5 1 (0.90%) RDBMS
Development Applications
1 2 (1.80%) PowerDesigner
2 1 (0.90%) Bower
2 1 (0.90%) MagicDraw
2 1 (0.90%) Maven
2 1 (0.90%) Toad
2 1 (0.90%) XMLSpy
2 1 (0.90%) Yeoman
General
1 66 (59.46%) Finance
2 61 (54.95%) Front Office
3 39 (35.14%) Banking
4 23 (20.72%) Investment Banking
5 3 (2.70%) Back Office
6 1 (0.90%) French Language
Job Titles
1 44 (39.64%) Analyst
2 43 (38.74%) Developer
3 39 (35.14%) Business Analyst
4 26 (23.42%) Credit Analyst
5 20 (18.02%) Murex Analyst
5 20 (18.02%) Murex Business Analyst
6 17 (15.32%) Credit Risk Manager
6 17 (15.32%) Risk Manager
7 16 (14.41%) Java Developer
7 16 (14.41%) Risk Analyst
8 15 (13.51%) Risk Business Analyst
9 14 (12.61%) Front Office Business Analyst
9 14 (12.61%) Investment Banking Business Analyst
10 13 (11.71%) Credit Risk Analyst
10 13 (11.71%) Quantitative Risk Manager
10 13 (11.71%) Senior Developer
11 12 (10.81%) Credit Risk Business Analyst
12 11 (9.91%) C++ Developer
13 10 (9.01%) Technical Analyst
13 10 (9.01%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 17 (15.32%) Spring
1 17 (15.32%) Spring Integration
2 15 (13.51%) AngularJS
2 15 (13.51%) HTML
3 13 (11.71%) XML
4 10 (9.01%) HTML5
5 9 (8.11%) Boost C++ Libraries
5 9 (8.11%) STL
6 6 (5.41%) Web Services
7 5 (4.50%) .NET
7 5 (4.50%) CSS
7 5 (4.50%) React
7 5 (4.50%) Twitter Bootstrap
7 5 (4.50%) WebSphere MQ
8 3 (2.70%) Django
8 3 (2.70%) Twisted
8 3 (2.70%) ZeroMQ
9 2 (1.80%) FIX Protocol
9 2 (1.80%) XML Messaging
10 1 (0.90%) XML Schema
Miscellaneous
1 109 (98.20%) Derivative
2 49 (44.14%) Credit Risk
3 44 (39.64%) Fixed Income
4 43 (38.74%) Foreign Exchange (FX)
5 29 (26.13%) Market Risk
6 17 (15.32%) Mathematics
7 6 (5.41%) Equities
8 4 (3.60%) Analytical Skills
9 3 (2.70%) Interest Rate Derivative
10 2 (1.80%) Algorithms
10 2 (1.80%) Computer Science
10 2 (1.80%) Data Structures
10 2 (1.80%) Grid Computing
10 2 (1.80%) Reference Data
11 1 (0.90%) Physics
11 1 (0.90%) Statistics
Operating Systems
1 12 (10.81%) Windows
2 9 (8.11%) Linux
3 2 (1.80%) Unix
Processes & Methodologies
1 62 (55.86%) Risk Management
2 23 (20.72%) Multithreading
3 19 (17.12%) Migration
4 17 (15.32%) Validation
5 15 (13.51%) Data Analysis
5 15 (13.51%) OO
6 14 (12.61%) Monte Carlo Method
6 14 (12.61%) Risk Assessment
6 14 (12.61%) SDLC
6 14 (12.61%) Translating Business Requirements
7 13 (11.71%) Agile Software Development
7 13 (11.71%) User Acceptance Testing
8 12 (10.81%) TDD
9 11 (9.91%) Stakeholder Management
10 10 (9.01%) Collateral Management
10 10 (9.01%) Scrum
11 9 (8.11%) Event-Driven Architecture
12 7 (6.31%) Business Analysis
12 7 (6.31%) Requirements Analysis
13 6 (5.41%) Stress Testing
Programming Languages
1 34 (30.63%) C#
2 32 (28.83%) C++
3 23 (20.72%) SQL
4 20 (18.02%) Java
5 12 (10.81%) Python
6 2 (1.80%) IronPython
6 2 (1.80%) Perl
6 2 (1.80%) R
6 2 (1.80%) Tcl
6 2 (1.80%) T-SQL
6 2 (1.80%) VBA
7 1 (0.90%) Scala
Qualifications
1 14 (12.61%) PhD
2 1 (0.90%) Degree
Quality Assurance & Compliance
1 15 (13.51%) QA
2 1 (0.90%) ISO20022
2 1 (0.90%) MiFID
2 1 (0.90%) SLA
System Software
1 1 (0.90%) Veritas Cluster Server
Systems Management
1 1 (0.90%) BMC PATROL
1 1 (0.90%) ITRS Geneos
1 1 (0.90%) Nagios
1 1 (0.90%) Tivoli
Vendors
1 32 (28.83%) Murex
2 18 (16.22%) Calypso
3 17 (15.32%) ION Trading
4 16 (14.41%) Bloomberg
5 8 (7.21%) Oracle
6 5 (4.50%) Sencha
7 2 (1.80%) Sybase
8 1 (0.90%) FactSet
8 1 (0.90%) SunGard
8 1 (0.90%) Tradeweb
8 1 (0.90%) Veritas