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 28 November 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
28 Nov 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 338 332 317
Rank change year-on-year
-6 -15
Contract jobs citing Credit Derivative 77 90 71
As % of all contract IT jobs located in London 0.32% 0.36% 0.32%
As % of the Miscellaneous category 0.92% 0.97% 0.86%
Number of daily rates quoted 60 61 60
Average daily rate
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of your Daily Rate
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£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £450 £450 £493
10% offered a daily rate of more than £625 £650 £700
UK excluding London average daily rate - £388 -
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
8394 9270 8235
As % of all contract IT jobs located in London 34.89% 37.41% 37.12%
Number of daily rates quoted 5984 6545 5677
Average daily rate £450 £450 £450
90% offered a daily rate of more than £265 £268 £270
10% offered a daily rate of more than £638 £625 £625
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 175 158 216
Average hourly rate £17.00 £21.50 £21.39
Average hourly rate % change year-on-year
-20.93% +0.53%
90% offered a hourly rate of more than £12.50 £13.50 £12.50
10% offered a hourly rate of more than £42.50 £42.50 £49.70
UK excluding London average hourly rate £17.48 £19.50 £20.00
% change year-on-year
-10.35% -2.50%

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 28 November 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 28 November 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 +23 23 £600 +1.69% 3
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 28 November 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.

1 178 (100.00%) Derivative
2 107 (60.11%) Front Office
3 93 (52.25%) Banking
4 82 (46.07%) SQL
5 80 (44.94%) Investment Banking
6 75 (42.13%) Finance
7 64 (35.96%) Fixed Income
8 56 (31.46%) Oracle
9 49 (27.53%) Java
9 49 (27.53%) Foreign Exchange (FX)
10 47 (26.40%) Agile Software Development
11 43 (24.16%) C#
12 37 (20.79%) Risk Management
12 37 (20.79%) Analytics
13 36 (20.22%) XML
13 36 (20.22%) UNIX
14 34 (19.10%) Linux
15 33 (18.54%) C++
15 33 (18.54%) Credit Risk
16 32 (17.98%) Analytical Skills
17 31 (17.42%) TDD
18 30 (16.85%) OO
19 29 (16.29%) Business Analysis
20 27 (15.17%) Data Structures
21 23 (12.92%) Risk Analytics
21 23 (12.92%) Back Office
22 22 (12.36%) Python
23 21 (11.80%) Oracle Database
24 20 (11.24%) Interest Rate Derivative
24 20 (11.24%) OOD

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 28 November 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 15 (8.43%) WebSphere
2 5 (2.81%) Oracle Coherence
3 2 (1.12%) Confluence
Applications
1 2 (1.12%) MS Excel
2 1 (0.56%) MS Project
2 1 (0.56%) Spreadsheet
Business Applications
1 3 (1.69%) ION MarketView
2 1 (0.56%) Tesseract
2 1 (0.56%) Minerva
2 1 (0.56%) Sentinel
2 1 (0.56%) Global One
2 1 (0.56%) Oracle EBS
Communications & Networking
1 1 (0.56%) TCP/IP
1 1 (0.56%) DNS
1 1 (0.56%) Wireshark
1 1 (0.56%) tcpdump
Database & Business Intelligence
1 21 (11.80%) Oracle Database
2 14 (7.87%) PostgreSQL
2 14 (7.87%) ObjectStore
3 9 (5.06%) Relational Database
4 6 (3.37%) SQL Server
5 4 (2.25%) Oracle Database 11g
5 4 (2.25%) Oracle Database 10g
5 4 (2.25%) DB2
5 4 (2.25%) Data Warehouse
6 3 (1.69%) RDBMS
7 2 (1.12%) SQL Server 2005
7 2 (1.12%) SQL Server 2008
8 1 (0.56%) OLAP
8 1 (0.56%) SQLPlus
8 1 (0.56%) BusinessObjects Web Intelligence
8 1 (0.56%) SQL Server Analysis Services
8 1 (0.56%) Oracle OLAP
8 1 (0.56%) QlikView
8 1 (0.56%) Hadoop
8 1 (0.56%) HBase
Development Applications
1 4 (2.25%) Maven
1 4 (2.25%) Eclipse
1 4 (2.25%) IntelliJ
2 3 (1.69%) Subversion
2 3 (1.69%) JIRA
3 2 (1.12%) TeamCity
4 1 (0.56%) Toad
4 1 (0.56%) Git (software)
General
1 107 (60.11%) Front Office
2 93 (52.25%) Banking
3 80 (44.94%) Investment Banking
4 75 (42.13%) Finance
5 23 (12.92%) Back Office
6 5 (2.81%) Financial Institution
7 3 (1.69%) French Language
8 2 (1.12%) Legal
9 1 (0.56%) Games
Job Titles
1 92 (51.69%) Analyst
2 68 (38.20%) Developer
3 49 (27.53%) Business Analyst
4 32 (17.98%) Java Developer
5 18 (10.11%) Python Developer
6 17 (9.55%) Investment Banking Business Analyst
6 17 (9.55%) C++ Developer
7 16 (8.99%) Support Analyst
8 15 (8.43%) Test Analyst
9 14 (7.87%) Credit Risk Analyst
10 13 (7.30%) C# Developer
11 9 (5.06%) Banking Business Analyst
12 8 (4.49%) Applications Support
12 8 (4.49%) .NET Developer
12 8 (4.49%) Risk Analyst
13 7 (3.93%) Data Modeller
13 7 (3.93%) C# .NET Developer
14 6 (3.37%) Lead Test Analyst
15 5 (2.81%) Credit Analyst
15 5 (2.81%) Test Leader
Libraries, Frameworks & Software Standards
1 36 (20.22%) XML
2 16 (8.99%) Django
2 16 (8.99%) Boost C++ Libraries
3 15 (8.43%) Twisted
3 15 (8.43%) .NET
3 15 (8.43%) WebSphere MQ
4 14 (7.87%) FIX Protocol
4 14 (7.87%) ZeroMQ
5 13 (7.30%) Hibernate
5 13 (7.30%) Spring
6 12 (6.74%) WPF
7 10 (5.62%) STL
8 9 (5.06%) Middleware
8 9 (5.06%) FpML
9 5 (2.81%) JMS
10 4 (2.25%) WCF
10 4 (2.25%) .NET Framework
10 4 (2.25%) LINQ
10 4 (2.25%) Swing
11 3 (1.69%) WinForms
Miscellaneous
1 178 (100.00%) Derivative
2 64 (35.96%) Fixed Income
3 49 (27.53%) Foreign Exchange (FX)
4 33 (18.54%) Credit Risk
5 32 (17.98%) Analytical Skills
6 27 (15.17%) Data Structures
7 20 (11.24%) Interest Rate Derivative
8 19 (10.67%) Equity Derivative
9 14 (7.87%) Equities
10 9 (5.06%) Market Risk
11 5 (2.81%) Grid Computing
11 5 (2.81%) Mathematics
11 5 (2.81%) Algorithms
12 4 (2.25%) Computer Science
12 4 (2.25%) Reference Data
13 3 (1.69%) SWIFT
14 2 (1.12%) Management Information System
15 1 (0.56%) Swaptions
15 1 (0.56%) Spread Betting
Operating Systems
1 36 (20.22%) UNIX
2 34 (19.10%) Linux
3 16 (8.99%) Windows
4 8 (4.49%) Oracle Linux
5 1 (0.56%) Windows NT
5 1 (0.56%) Windows XP
5 1 (0.56%) Windows 2000
Processes & Methodologies
1 47 (26.40%) Agile Software Development
2 37 (20.79%) Risk Management
2 37 (20.79%) Analytics
3 31 (17.42%) TDD
4 30 (16.85%) OO
5 29 (16.29%) Business Analysis
6 23 (12.92%) Risk Analytics
7 20 (11.24%) OOD
8 18 (10.11%) Manual Testing
9 17 (9.55%) Electronic Trading
9 17 (9.55%) Automated Testing
10 16 (8.99%) Software Engineering
11 15 (8.43%) Systems Analysis
12 13 (7.30%) Test Automation
12 13 (7.30%) ETL
13 10 (5.62%) Test Strategy
13 10 (5.62%) Workflow
13 10 (5.62%) Data Modelling
13 10 (5.62%) UML
14 9 (5.06%) Root Cause Analysis
Programming Languages
1 82 (46.07%) SQL
2 49 (27.53%) Java
3 43 (24.16%) C#
4 33 (18.54%) C++
5 22 (12.36%) Python
6 8 (4.49%) Perl
7 4 (2.25%) PL/SQL
8 3 (1.69%) VBA
9 2 (1.12%) C
10 1 (0.56%) XAML
10 1 (0.56%) Clojure
Qualifications
1 5 (2.81%) Degree
Quality Assurance & Compliance
1 13 (7.30%) Basel III
2 4 (2.25%) EMIR
2 4 (2.25%) Dodd-Frank
3 3 (1.69%) QA
4 2 (1.12%) MiFID
5 1 (0.56%) COREP
5 1 (0.56%) CRD IV
5 1 (0.56%) Data Quality
Systems Management
1 13 (7.30%) ITRS Geneos
2 2 (1.12%) Control-M
2 2 (1.12%) Nagios
3 1 (0.56%) HP Quality Center
Vendors
1 56 (31.46%) Oracle
2 18 (10.11%) Tradeweb
3 13 (7.30%) Bloomberg
4 8 (4.49%) MarketAxess
5 6 (3.37%) TIBCO
6 5 (2.81%) ION Trading
7 4 (2.25%) DataSynapse
7 4 (2.25%) Murex
7 4 (2.25%) CA
8 2 (1.12%) Syncfusion
8 2 (1.12%) Reuters
8 2 (1.12%) Sybase
8 2 (1.12%) Business Objects
9 1 (0.56%) MicroStrategy
9 1 (0.56%) Charles River
9 1 (0.56%) Microsoft
9 1 (0.56%) Fidessa
9 1 (0.56%) DevExpress
9 1 (0.56%) thinkFolio
9 1 (0.56%) 29West
City of London
Orgtel
Rate: £800 - £950 per day
Posted: 17 days ago
City of London
Interquest - ITQ Financial - London
Rate: £600 per annum
Posted: 21 days ago
London
Hays IT - Uk Posting account
Rate: £575.00 - £625.00 per annum
Posted: 21 days ago
London
Huxley Banking & Financial Services
Rate: £600 - £660 per day
Posted: 24 days ago