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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 338 299 283
Rank change year-on-year
-39 -16
Contract jobs citing Credit Derivative 60 95 80
As % of all contract IT jobs located in London 0.28% 0.44% 0.41%
As % of the Miscellaneous category 0.80% 1.17% 1.10%
Number of daily rates quoted 52 65 70
Average daily rate
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of your Daily Rate
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£600 £600 £558
Average daily rate % change year-on-year
- +7.52%
90% offered a daily rate of more than £525 £500 £500
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £505 - -
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
7468 8092 7257
As % of all contract IT jobs located in London 35.35% 37.54% 37.54%
Number of daily rates quoted 5266 5552 5089
Average daily rate £450 £450 £450
90% offered a daily rate of more than £280 £260 £275
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.71% +3.70%
Number of hourly rates quoted 138 160 185
Average hourly rate £20.00 £24.00 £21.00
Average hourly rate % change year-on-year
-16.66% +14.28%
90% offered a hourly rate of more than £13.50 £13.50 £13.35
10% offered a hourly rate of more than £40.00 £52.50 £47.50
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

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 30 January 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 30 January 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 -6 17 £610 +1.66% 1
Docklands, London - - - -
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 30 January 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.

1 163 (100.00%) Derivative
2 117 (71.78%) Front Office
3 83 (50.92%) Banking
4 70 (42.94%) Investment Banking
5 69 (42.33%) Finance
6 61 (37.42%) SQL
7 60 (36.81%) Fixed Income
8 54 (33.13%) Foreign Exchange (FX)
9 50 (30.67%) Java
10 38 (23.31%) XML
11 37 (22.70%) C#
12 34 (20.86%) Agile Software Development
13 31 (19.02%) Analytics
14 30 (18.40%) UNIX
15 28 (17.18%) Business Analysis
15 28 (17.18%) Risk Management
15 28 (17.18%) Equity Derivative
16 25 (15.34%) Oracle
17 24 (14.72%) Interest Rate Derivative
18 23 (14.11%) Analytical Skills
19 22 (13.50%) Credit Risk
19 22 (13.50%) OO
20 21 (12.88%) TDD
21 19 (11.66%) WPF
22 18 (11.04%) Data Structures
22 18 (11.04%) Back Office
22 18 (11.04%) Data Modelling
23 17 (10.43%) Linux
23 17 (10.43%) C++
23 17 (10.43%) Multithreading

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 30 January 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 (1.23%) WebSphere
1 2 (1.23%) Confluence
2 1 (0.61%) Apache Spark
2 1 (0.61%) Oracle Coherence
Applications
1 2 (1.23%) MS Excel
2 1 (0.61%) Spreadsheet
Business Applications
1 2 (1.23%) ION MarketView
2 1 (0.61%) RMDS
2 1 (0.61%) Tesseract
2 1 (0.61%) Minerva
2 1 (0.61%) Sentinel
2 1 (0.61%) Global One
2 1 (0.61%) Summit
2 1 (0.61%) Oracle EBS
Communications & Networking
1 1 (0.61%) tcpdump
1 1 (0.61%) Wireshark
1 1 (0.61%) TCP/IP
1 1 (0.61%) DNS
Database & Business Intelligence
1 11 (6.75%) Relational Database
2 10 (6.13%) Oracle Database
3 8 (4.91%) SQL Server
4 6 (3.68%) RDBMS
5 4 (2.45%) DB2
5 4 (2.45%) Hadoop
5 4 (2.45%) HBase
6 2 (1.23%) Data Warehouse
6 2 (1.23%) ObjectStore
6 2 (1.23%) PostgreSQL
6 2 (1.23%) SQL Server 2005
6 2 (1.23%) SQL Server 2008
7 1 (0.61%) Apache Hive
7 1 (0.61%) Big Data
7 1 (0.61%) Impala
7 1 (0.61%) QlikView
7 1 (0.61%) BusinessObjects XI
7 1 (0.61%) SQL Server Analysis Services
7 1 (0.61%) SQL Server Integration Services
7 1 (0.61%) SQL Server Reporting Services
Development Applications
1 4 (2.45%) Subversion
1 4 (2.45%) Maven
2 3 (1.84%) Git (software)
2 3 (1.84%) JIRA
3 2 (1.23%) TeamCity
4 1 (0.61%) StyleCop
4 1 (0.61%) Jenkins
4 1 (0.61%) FxCop
General
1 117 (71.78%) Front Office
2 83 (50.92%) Banking
3 70 (42.94%) Investment Banking
4 69 (42.33%) Finance
5 18 (11.04%) Back Office
6 15 (9.20%) Financial Institution
7 4 (2.45%) French Language
8 2 (1.23%) Legal
9 1 (0.61%) Games
Job Titles
1 79 (48.47%) Analyst
2 58 (35.58%) Developer
3 46 (28.22%) Business Analyst
4 35 (21.47%) Java Developer
5 13 (7.98%) Investment Banking Business Analyst
5 13 (7.98%) Support Analyst
5 13 (7.98%) C# Developer
5 13 (7.98%) Data Modeller
6 11 (6.75%) Test Analyst
7 9 (5.52%) Credit Risk Analyst
8 8 (4.91%) Applications Support
8 8 (4.91%) Banking Business Analyst
9 7 (4.29%) Risk Analyst
10 5 (3.07%) Lead Test Analyst
11 4 (2.45%) Credit Analyst
11 4 (2.45%) .NET Developer
11 4 (2.45%) Python Developer
11 4 (2.45%) Test Leader
12 3 (1.84%) C# .NET Developer
12 3 (1.84%) C++ Developer
Libraries, Frameworks & Software Standards
1 38 (23.31%) XML
2 19 (11.66%) WPF
3 12 (7.36%) .NET
4 10 (6.13%) FIX Protocol
5 9 (5.52%) FpML
5 9 (5.52%) Middleware
6 6 (3.68%) Swing
6 6 (3.68%) JMS
6 6 (3.68%) Spring
6 6 (3.68%) Hibernate
7 4 (2.45%) WinForms
7 4 (2.45%) WCF
8 3 (1.84%) REST
8 3 (1.84%) Apache Camel
8 3 (1.84%) Boost C++ Libraries
9 2 (1.23%) WebSphere MQ
9 2 (1.23%) SOAP
9 2 (1.23%) Django
9 2 (1.23%) ZeroMQ
9 2 (1.23%) Twisted
Miscellaneous
1 163 (100.00%) Derivative
2 60 (36.81%) Fixed Income
3 54 (33.13%) Foreign Exchange (FX)
4 28 (17.18%) Equity Derivative
5 24 (14.72%) Interest Rate Derivative
6 23 (14.11%) Analytical Skills
7 22 (13.50%) Credit Risk
8 18 (11.04%) Data Structures
9 16 (9.82%) Equities
10 7 (4.29%) Mathematics
11 6 (3.68%) Computer Science
12 4 (2.45%) Reference Data
12 4 (2.45%) SWIFT
13 3 (1.84%) Algorithms
14 2 (1.23%) Management Information System
15 1 (0.61%) CUDA
15 1 (0.61%) Inversion of Control
15 1 (0.61%) Market Risk
15 1 (0.61%) Swaptions
15 1 (0.61%) Spread Betting
Operating Systems
1 30 (18.40%) UNIX
2 17 (10.43%) Linux
3 5 (3.07%) Oracle Linux
3 5 (3.07%) Windows
4 1 (0.61%) Windows 2000
4 1 (0.61%) Windows NT
4 1 (0.61%) Windows XP
Processes & Methodologies
1 34 (20.86%) Agile Software Development
2 31 (19.02%) Analytics
3 28 (17.18%) Business Analysis
3 28 (17.18%) Risk Management
4 22 (13.50%) OO
5 21 (12.88%) TDD
6 18 (11.04%) Data Modelling
7 17 (10.43%) Multithreading
7 17 (10.43%) Data Architecture
8 16 (9.82%) UML
9 14 (8.59%) Electronic Trading
10 13 (7.98%) Systems Analysis
11 12 (7.36%) Low Latency
12 11 (6.75%) Manual Testing
13 10 (6.13%) Automated Testing
13 10 (6.13%) Test Automation
14 9 (5.52%) Risk Analytics
14 9 (5.52%) Workflow
14 9 (5.52%) ETL
15 8 (4.91%) Greeks
Programming Languages
1 61 (37.42%) SQL
2 50 (30.67%) Java
3 37 (22.70%) C#
4 17 (10.43%) C++
5 10 (6.13%) Perl
6 9 (5.52%) Python
7 4 (2.45%) VBA
8 3 (1.84%) Clojure
8 3 (1.84%) C
9 1 (0.61%) Scala
9 1 (0.61%) XAML
9 1 (0.61%) PL/SQL
Qualifications
1 5 (3.07%) Degree
2 1 (0.61%) Postgraduate
Quality Assurance & Compliance
1 8 (4.91%) Basel III
2 5 (3.07%) Dodd-Frank
3 4 (2.45%) EMIR
4 3 (1.84%) QA
5 2 (1.23%) MiFID
6 1 (0.61%) Data Quality
6 1 (0.61%) CRD IV
6 1 (0.61%) COREP
6 1 (0.61%) Basel II
System Software
1 1 (0.61%) Apache Flume
Systems Management
1 9 (5.52%) ITRS Geneos
2 2 (1.23%) Control-M
2 2 (1.23%) Nagios
3 1 (0.61%) HP Quality Center
Vendors
1 25 (15.34%) Oracle
2 15 (9.20%) Tradeweb
3 13 (7.98%) Bloomberg
4 9 (5.52%) MarketAxess
5 7 (4.29%) TIBCO
6 5 (3.07%) ION Trading
7 4 (2.45%) Murex
7 4 (2.45%) Sybase
7 4 (2.45%) DevExpress
8 3 (1.84%) Syncfusion
9 2 (1.23%) Microsoft
10 1 (0.61%) 29West
10 1 (0.61%) thinkFolio
10 1 (0.61%) Business Objects
10 1 (0.61%) Calypso
10 1 (0.61%) Fidessa
10 1 (0.61%) MicroStrategy
10 1 (0.61%) Charles River
City, London
Hays London City Projects
Rate: £450.00 - £550.00 per annum
Posted: 2 days ago
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 5 days ago
London
Huxley Banking & Financial Services
Rate: £600 - £660 per day + competitive
Posted: 22 days ago