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 5 March 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
5 Mar 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 336 298 244
Rank change year-on-year
-38 -54
Contract jobs citing Credit Derivative 54 92 124
As % of all contract IT jobs located in London 0.26% 0.43% 0.63%
As % of the Miscellaneous category 0.73% 1.14% 1.66%
Number of daily rates quoted 45 60 98
Average daily rate
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£550 £588 £575
Average daily rate % change year-on-year
-6.38% +2.17%
90% offered a daily rate of more than £525 £393 £543
10% offered a daily rate of more than £705 £625 £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
7428 8074 7473
As % of all contract IT jobs located in London 35.46% 37.42% 38.13%
Number of daily rates quoted 5129 5561 5281
Average daily rate £460 £450 £470
Average daily rate % change year-on-year
+2.22% -4.25%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £638 £650 £625
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 126 163 149
Average hourly rate £20.00 £23.00 £21.02
Average hourly rate % change year-on-year
-13.04% +9.41%
90% offered a hourly rate of more than £13.43 £14.00 £13.00
10% offered a hourly rate of more than £40.75 £51.25 £47.75
UK excluding London average hourly rate £18.50 £17.50 £20.00
% change year-on-year
+5.71% -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 5 March 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 5 March 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 -9 7 £600 - 3
Docklands, London - - - -
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 5 March 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.

1 127 (100.00%) Derivative
2 101 (79.53%) Front Office
3 64 (50.39%) Banking
4 59 (46.46%) Finance
5 56 (44.09%) Foreign Exchange (FX)
6 50 (39.37%) Investment Banking
7 44 (34.65%) SQL
8 43 (33.86%) Java
9 41 (32.28%) Fixed Income
10 35 (27.56%) C#
11 34 (26.77%) XML
12 31 (24.41%) Agile Software Development
12 31 (24.41%) Equity Derivative
13 26 (20.47%) Interest Rate Derivative
14 22 (17.32%) Business Analysis
14 22 (17.32%) Multithreading
14 22 (17.32%) Analytics
15 21 (16.54%) UNIX
16 20 (15.75%) Data Modelling
17 19 (14.96%) OO
17 19 (14.96%) WPF
18 18 (14.17%) Data Architecture
18 18 (14.17%) TDD
19 17 (13.39%) Risk Management
19 17 (13.39%) Tradeweb
20 16 (12.60%) Back Office
20 16 (12.60%) UML
20 16 (12.60%) C++
20 16 (12.60%) Financial Institution
21 15 (11.81%) Workflow

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 5 March 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 (1.57%) Oracle Workflow
1 2 (1.57%) Confluence
2 1 (0.79%) Oracle Coherence
2 1 (0.79%) Apache Spark
Applications
1 2 (1.57%) MS Office
2 1 (0.79%) Spreadsheet
2 1 (0.79%) MS Excel
Business Applications
1 1 (0.79%) thinkFolio
1 1 (0.79%) Oracle EBS
1 1 (0.79%) Global One
1 1 (0.79%) Tesseract
1 1 (0.79%) Minerva
1 1 (0.79%) Sentinel
1 1 (0.79%) Summit
1 1 (0.79%) RMDS
Database & Business Intelligence
1 13 (10.24%) Relational Database
2 8 (6.30%) SQL Server
3 7 (5.51%) RDBMS
4 5 (3.94%) Hadoop
4 5 (3.94%) HBase
4 5 (3.94%) Oracle Database
5 4 (3.15%) DB2
6 2 (1.57%) Data Warehouse
6 2 (1.57%) SQL Server 2005
6 2 (1.57%) Impala
6 2 (1.57%) Apache Hive
6 2 (1.57%) Big Data
6 2 (1.57%) SQL Server 2008
7 1 (0.79%) BusinessObjects XI
7 1 (0.79%) SQL Server Analysis Services
7 1 (0.79%) QlikView
7 1 (0.79%) SQL Server Reporting Services
7 1 (0.79%) SQL Server Integration Services
7 1 (0.79%) OLAP
Development Applications
1 5 (3.94%) JIRA
2 4 (3.15%) Maven
2 4 (3.15%) Subversion
2 4 (3.15%) Git (software)
3 2 (1.57%) TeamCity
4 1 (0.79%) StyleCop
4 1 (0.79%) FxCop
4 1 (0.79%) Jenkins
General
1 101 (79.53%) Front Office
2 64 (50.39%) Banking
3 59 (46.46%) Finance
4 50 (39.37%) Investment Banking
5 16 (12.60%) Back Office
5 16 (12.60%) Financial Institution
6 5 (3.94%) French Language
7 2 (1.57%) Legal
Job Titles
1 54 (42.52%) Analyst
2 50 (39.37%) Developer
3 36 (28.35%) Business Analyst
4 29 (22.83%) Java Developer
5 14 (11.02%) C# Developer
5 14 (11.02%) Investment Banking Business Analyst
5 14 (11.02%) Support Analyst
6 13 (10.24%) Data Modeller
7 7 (5.51%) Applications Support
7 7 (5.51%) Banking Business Analyst
8 4 (3.15%) .NET Developer
8 4 (3.15%) Applications Support Analyst
9 3 (2.36%) C# .NET Developer
9 3 (2.36%) Architect
9 3 (2.36%) Data Architect
10 2 (1.57%) Senior Business Analyst
10 2 (1.57%) Front Office Developer
10 2 (1.57%) Senior Developer
10 2 (1.57%) Programmer
10 2 (1.57%) Project Manager
Libraries, Frameworks & Software Standards
1 34 (26.77%) XML
2 19 (14.96%) WPF
3 14 (11.02%) FpML
4 13 (10.24%) .NET
5 11 (8.66%) FIX Protocol
6 8 (6.30%) JMS
7 5 (3.94%) Swing
7 5 (3.94%) Middleware
8 4 (3.15%) WinForms
8 4 (3.15%) WCF
9 3 (2.36%) Reactive Extensions
9 3 (2.36%) REST
9 3 (2.36%) Akka
9 3 (2.36%) Apache Camel
10 2 (1.57%) SOAP
11 1 (0.79%) RESTful
11 1 (0.79%) Task Parallel Library
11 1 (0.79%) Managed Extensibility Framework
11 1 (0.79%) PLINQ
11 1 (0.79%) HTML5
Miscellaneous
1 127 (100.00%) Derivative
2 56 (44.09%) Foreign Exchange (FX)
3 41 (32.28%) Fixed Income
4 31 (24.41%) Equity Derivative
5 26 (20.47%) Interest Rate Derivative
6 13 (10.24%) Equities
7 8 (6.30%) Analytical Skills
7 8 (6.30%) Data Structures
7 8 (6.30%) Credit Risk
8 5 (3.94%) SWIFT
8 5 (3.94%) Mathematics
8 5 (3.94%) Computer Science
9 3 (2.36%) Reference Data
9 3 (2.36%) Algorithms
9 3 (2.36%) Management Information System
10 2 (1.57%) CUDA
10 2 (1.57%) Market Risk
11 1 (0.79%) Swaptions
11 1 (0.79%) Inversion of Control
11 1 (0.79%) Replication
Operating Systems
1 21 (16.54%) UNIX
2 8 (6.30%) Linux
3 2 (1.57%) Windows
4 1 (0.79%) Windows NT
4 1 (0.79%) Windows XP
4 1 (0.79%) Windows 2000
Processes & Methodologies
1 31 (24.41%) Agile Software Development
2 22 (17.32%) Business Analysis
2 22 (17.32%) Multithreading
2 22 (17.32%) Analytics
3 20 (15.75%) Data Modelling
4 19 (14.96%) OO
5 18 (14.17%) Data Architecture
5 18 (14.17%) TDD
6 17 (13.39%) Risk Management
7 16 (12.60%) UML
8 15 (11.81%) Workflow
9 14 (11.02%) Low Latency
10 12 (9.45%) Electronic Trading
11 9 (7.09%) Systems Analysis
12 8 (6.30%) Greeks
13 6 (4.72%) User Acceptance Testing
13 6 (4.72%) BDD
14 5 (3.94%) Cash Management
14 5 (3.94%) Logical Data Model
14 5 (3.94%) Functional Programming
Programming Languages
1 44 (34.65%) SQL
2 43 (33.86%) Java
3 35 (27.56%) C#
4 16 (12.60%) C++
5 10 (7.87%) Perl
6 7 (5.51%) Python
7 5 (3.94%) VBA
8 3 (2.36%) Clojure
8 3 (2.36%) Scala
8 3 (2.36%) C
9 1 (0.79%) XAML
9 1 (0.79%) PL/SQL
Qualifications
1 2 (1.57%) Degree
2 1 (0.79%) Postgraduate
Quality Assurance & Compliance
1 5 (3.94%) Dodd-Frank
2 4 (3.15%) Basel III
3 2 (1.57%) QA
3 2 (1.57%) EMIR
4 1 (0.79%) CRD IV
4 1 (0.79%) COREP
4 1 (0.79%) MiFID
4 1 (0.79%) Basel II
System Software
1 2 (1.57%) Apache Flume
Systems Management
1 10 (7.87%) ITRS Geneos
2 2 (1.57%) Control-M
2 2 (1.57%) Nagios
3 1 (0.79%) Oozie
Vendors
1 17 (13.39%) Tradeweb
2 12 (9.45%) Bloomberg
3 10 (7.87%) MarketAxess
4 9 (7.09%) Oracle
5 8 (6.30%) Murex
6 7 (5.51%) TIBCO
7 5 (3.94%) DevExpress
8 4 (3.15%) Sybase
9 3 (2.36%) Syncfusion
9 3 (2.36%) ION Trading
9 3 (2.36%) Microsoft
10 1 (0.79%) 29West
10 1 (0.79%) Charles River
10 1 (0.79%) Calypso
10 1 (0.79%) Fidessa
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £750.00 per day
Posted: 8 days ago
London
Huxley Banking & Financial Services
Rate: £600 - £660 per day + competitive
Posted: 22 days ago