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 27 April 2015 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
27 Apr 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 374 319 230
Rank change year-on-year
-55 -89
Contract jobs citing Credit Derivative 40 83 164
As % of all contract IT jobs located in London 0.18% 0.36% 0.76%
As % of the Miscellaneous category 0.51% 0.95% 1.97%
Number of daily rates quoted 32 54 111
Average daily rate
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£569 £550 £550
Average daily rate % change year-on-year
+3.40% -
90% offered a daily rate of more than £525 £381 £500
10% offered a daily rate of more than £725 £625 £650
UK excluding London average daily rate £400 £375 -
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 1 0
Average hourly rate - £30.00 -
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
7819 8733 8316
As % of all contract IT jobs located in London 35.00% 37.46% 38.43%
Number of daily rates quoted 5355 6140 5755
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £290 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 121 148 167
Average hourly rate £18.00 £21.38 £22.50
Average hourly rate % change year-on-year
-15.78% -5.00%
90% offered a hourly rate of more than £13.50 £14.04 £14.50
10% offered a hourly rate of more than £52.95 £41.00 £54.00
UK excluding London average hourly rate £19.00 £22.00 £21.25
% change year-on-year
-13.63% +3.52%

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 27 April 2015.

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 27 April 2015. 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 -4 8 £638 +15.90% 1
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 27 April 2015, 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.

1 101 (100.00%) Derivative
2 79 (78.22%) Front Office
3 56 (55.45%) Finance
4 52 (51.49%) Foreign Exchange (FX)
5 47 (46.53%) Banking
6 38 (37.62%) Investment Banking
7 33 (32.67%) Java
7 33 (32.67%) Fixed Income
8 31 (30.69%) Equity Derivative
9 29 (28.71%) XML
10 28 (27.72%) SQL
10 28 (27.72%) Interest Rate Derivative
10 28 (27.72%) Agile Software Development
11 23 (22.77%) Multithreading
12 21 (20.79%) C#
12 21 (20.79%) UML
12 21 (20.79%) Data Modelling
12 21 (20.79%) Analytics
13 20 (19.80%) Business Analysis
14 18 (17.82%) Data Architecture
15 16 (15.84%) OO
15 16 (15.84%) Workflow
15 16 (15.84%) Financial Institution
15 16 (15.84%) FpML
16 14 (13.86%) TDD
16 14 (13.86%) Tradeweb
17 13 (12.87%) Low Latency
17 13 (12.87%) WPF
18 12 (11.88%) Back Office
19 11 (10.89%) Equities

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 27 April 2015, 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 2 (1.98%) Oracle Workflow
2 1 (0.99%) Oracle Coherence
2 1 (0.99%) Apache Spark
Applications
1 2 (1.98%) MS Office
2 1 (0.99%) MS Excel
Business Applications
1 2 (1.98%) RMDS
2 1 (0.99%) Summit
Database & Business Intelligence
1 11 (10.89%) Relational Database
2 8 (7.92%) SQL Server
2 8 (7.92%) RDBMS
3 6 (5.94%) Hadoop
4 5 (4.95%) HBase
5 3 (2.97%) Big Data
5 3 (2.97%) Impala
5 3 (2.97%) Apache Hive
5 3 (2.97%) DB2
6 2 (1.98%) SQL Server 2005
6 2 (1.98%) Data Warehouse
6 2 (1.98%) SQL Server 2008
6 2 (1.98%) Oracle Database
7 1 (0.99%) SQL Server Integration Services
7 1 (0.99%) QlikView
7 1 (0.99%) BusinessObjects XI
7 1 (0.99%) SQL Server Analysis Services
7 1 (0.99%) OLAP
7 1 (0.99%) SQL Server Reporting Services
Development Applications
1 3 (2.97%) Maven
1 3 (2.97%) JIRA
1 3 (2.97%) Git (software)
2 1 (0.99%) FxCop
2 1 (0.99%) StyleCop
2 1 (0.99%) Jenkins
2 1 (0.99%) Visual Studio
2 1 (0.99%) Subversion
General
1 79 (78.22%) Front Office
2 56 (55.45%) Finance
3 47 (46.53%) Banking
4 38 (37.62%) Investment Banking
5 16 (15.84%) Financial Institution
6 12 (11.88%) Back Office
7 4 (3.96%) French Language
8 2 (1.98%) Legal
Job Titles
1 41 (40.59%) Developer
1 41 (40.59%) Analyst
2 34 (33.66%) Business Analyst
3 22 (21.78%) Java Developer
4 13 (12.87%) Data Modeller
5 11 (10.89%) C# Developer
6 8 (7.92%) Investment Banking Business Analyst
7 6 (5.94%) Support Analyst
8 5 (4.95%) Business Systems Analyst
8 5 (4.95%) Systems Analyst
8 5 (4.95%) Banking Business Analyst
9 3 (2.97%) Architect
9 3 (2.97%) Data Architect
9 3 (2.97%) Senior Business Analyst
9 3 (2.97%) Senior Analyst
9 3 (2.97%) WPF Developer
10 2 (1.98%) Scala Developer
10 2 (1.98%) Hadoop Developer
10 2 (1.98%) RAD Developer
10 2 (1.98%) Agile Business Analyst
Libraries, Frameworks & Software Standards
1 29 (28.71%) XML
2 16 (15.84%) FpML
3 13 (12.87%) WPF
4 10 (9.90%) .NET
5 6 (5.94%) JMS
6 5 (4.95%) Reactive Extensions
7 4 (3.96%) Middleware
7 4 (3.96%) FIX Protocol
8 3 (2.97%) Akka
8 3 (2.97%) Apache Camel
9 2 (1.98%) WCF
9 2 (1.98%) Swing
10 1 (0.99%) Web Services
10 1 (0.99%) WinForms
10 1 (0.99%) .NET Framework
10 1 (0.99%) JSON
10 1 (0.99%) RESTful
10 1 (0.99%) HTML5
10 1 (0.99%) PLINQ
10 1 (0.99%) REST
Miscellaneous
1 101 (100.00%) Derivative
2 52 (51.49%) Foreign Exchange (FX)
3 33 (32.67%) Fixed Income
4 31 (30.69%) Equity Derivative
5 28 (27.72%) Interest Rate Derivative
6 11 (10.89%) Equities
7 4 (3.96%) Credit Risk
7 4 (3.96%) SWIFT
7 4 (3.96%) Data Structures
8 3 (2.97%) Algorithms
9 2 (1.98%) CUDA
9 2 (1.98%) Market Risk
9 2 (1.98%) Management Information System
9 2 (1.98%) Mathematics
9 2 (1.98%) Computer Science
10 1 (0.99%) Swaptions
10 1 (0.99%) Replication
10 1 (0.99%) Inversion of Control
10 1 (0.99%) N-Tier
10 1 (0.99%) User Experience
Operating Systems
1 10 (9.90%) UNIX
2 3 (2.97%) Windows
2 3 (2.97%) Linux
Processes & Methodologies
1 28 (27.72%) Agile Software Development
2 23 (22.77%) Multithreading
3 21 (20.79%) UML
3 21 (20.79%) Data Modelling
3 21 (20.79%) Analytics
4 20 (19.80%) Business Analysis
5 18 (17.82%) Data Architecture
6 16 (15.84%) OO
6 16 (15.84%) Workflow
7 14 (13.86%) TDD
8 13 (12.87%) Low Latency
9 10 (9.90%) Risk Management
10 8 (7.92%) Ultra-Low Latency
10 8 (7.92%) Greeks
11 7 (6.93%) BDD
11 7 (6.93%) Electronic Trading
12 6 (5.94%) User Acceptance Testing
13 5 (4.95%) GAP Analysis
13 5 (4.95%) Logical Data Model
14 4 (3.96%) Cash Management
Programming Languages
1 33 (32.67%) Java
2 28 (27.72%) SQL
3 21 (20.79%) C#
4 10 (9.90%) C++
5 6 (5.94%) VBA
6 3 (2.97%) Python
6 3 (2.97%) Perl
6 3 (2.97%) Scala
6 3 (2.97%) Clojure
7 2 (1.98%) C
7 2 (1.98%) PL/SQL
8 1 (0.99%) XAML
Qualifications
1 2 (1.98%) Degree
2 1 (0.99%) Postgraduate
Quality Assurance & Compliance
1 3 (2.97%) Dodd-Frank
2 1 (0.99%) Basel II
2 1 (0.99%) Basel III
System Software
1 3 (2.97%) Apache Flume
2 1 (0.99%) HDFS
Systems Management
1 4 (3.96%) ITRS Geneos
2 2 (1.98%) Oozie
Vendors
1 14 (13.86%) Tradeweb
2 10 (9.90%) Murex
3 7 (6.93%) Bloomberg
4 5 (4.95%) TIBCO
4 5 (4.95%) MarketAxess
5 4 (3.96%) DevExpress
5 4 (3.96%) Oracle
6 3 (2.97%) Microsoft
7 2 (1.98%) ION Trading
7 2 (1.98%) Sybase
7 2 (1.98%) Syncfusion
8 1 (0.99%) Actian
8 1 (0.99%) Calypso
8 1 (0.99%) DataSynapse
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 21 hours ago