The first 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 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

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
29 Jul 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 349 315 342
Rank change year-on-year
-34 +27
Contract jobs citing Credit Derivative 68 98 66
As % of all contract IT jobs located in London 0.29% 0.40% 0.25%
As % of the Miscellaneous category 0.95% 1.24% 0.81%
Number of daily rates quoted 51 68 55
Average daily rate
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of your Daily Rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £450 £400 £448
10% offered a daily rate of more than £603 £625 £625
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7194 7905 8190
As % of all contract IT jobs located in London 30.62% 32.57% 31.03%
Number of daily rates quoted 4832 5441 5518
Average daily rate £450 £460 £465
Average daily rate % change year-on-year
-2.17% -1.07%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 141 174 209
Average hourly rate £19.00 £22.50 £22.50
Average hourly rate % change year-on-year
-15.55% -
90% offered a hourly rate of more than £14.04 £14.50 £13.00
10% offered a hourly rate of more than £45.00 £45.00 £40.00
UK excluding London average hourly rate £21.00 £20.50 £25.73
% change year-on-year
+2.43% -20.32%
Credit Derivative
England

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 29 July 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 29 July 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 -8 15 £600 +9.09% 7
Credit Derivative
England

Credit Derivative
Top 30 Related IT Skills in London

For the 6 months to 29 July 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.

1 134 (92.41%) Derivative
2 90 (62.07%) Banking
3 84 (57.93%) Front Office
4 67 (46.21%) Finance
4 67 (46.21%) Investment Banking
5 60 (41.38%) SQL
6 47 (32.41%) Oracle
7 46 (31.72%) Fixed Income
8 36 (24.83%) C++
9 35 (24.14%) Foreign Exchange (FX)
9 35 (24.14%) Credit Risk
10 33 (22.76%) Analytics
10 33 (22.76%) C#
10 33 (22.76%) Risk Management
11 28 (19.31%) Java
11 28 (19.31%) XML
11 28 (19.31%) OO
12 27 (18.62%) TDD
12 27 (18.62%) Risk Analytics
12 27 (18.62%) Business Analysis
13 24 (16.55%) Back Office
14 23 (15.86%) Linux
15 22 (15.17%) Python
15 22 (15.17%) OOD
16 21 (14.48%) Oracle Database
17 20 (13.79%) .NET
18 18 (12.41%) Software Engineering
19 17 (11.72%) Market Risk
19 17 (11.72%) Django
20 16 (11.03%) Twisted

Credit Derivative
Top Related IT Skills in London by Category

For the 6 months to 29 July 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 (10.34%) WebSphere
2 5 (3.45%) Oracle Coherence
3 3 (2.07%) GemFire
4 2 (1.38%) Oracle Workflow
5 1 (0.69%) Confluence
Applications
1 4 (2.76%) MS Excel
1 4 (2.76%) MS Visio
1 4 (2.76%) MS PowerPoint
2 1 (0.69%) MS Project
Business Applications
1 4 (2.76%) ION MarketView
2 3 (2.07%) Advent Geneva
3 1 (0.69%) Summit
Database & Business Intelligence
1 21 (14.48%) Oracle Database
2 14 (9.66%) ObjectStore
2 14 (9.66%) PostgreSQL
3 12 (8.28%) Oracle Database 10g
3 12 (8.28%) SQL Server
4 8 (5.52%) Relational Database
5 7 (4.83%) Oracle Database 11g
5 7 (4.83%) Data Warehouse
6 6 (4.14%) MS Access
7 3 (2.07%) OLAP
8 2 (1.38%) RDBMS
8 2 (1.38%) SQL Server Analysis Services
8 2 (1.38%) SQL Server 2008
8 2 (1.38%) Apache Cassandra
9 1 (0.69%) Hazelcast
9 1 (0.69%) Microsoft Analysis Services
9 1 (0.69%) SQL Server 2005
9 1 (0.69%) SQL Server Integration Services
9 1 (0.69%) Oracle OLAP
9 1 (0.69%) QlikView
Development Applications
1 7 (4.83%) JIRA
2 5 (3.45%) TeamCity
2 5 (3.45%) Visual Studio
2 5 (3.45%) CruiseControl
3 4 (2.76%) QuickTest Pro
4 3 (2.07%) Eclipse
4 3 (2.07%) IntelliJ
5 1 (0.69%) Toad
5 1 (0.69%) Git (software)
5 1 (0.69%) StyleCop
5 1 (0.69%) Jenkins
5 1 (0.69%) Subversion
General
1 90 (62.07%) Banking
2 84 (57.93%) Front Office
3 67 (46.21%) Finance
3 67 (46.21%) Investment Banking
4 24 (16.55%) Back Office
5 7 (4.83%) Publishing
6 2 (1.38%) Billing
7 1 (0.69%) Corporate Banking
7 1 (0.69%) French Language
7 1 (0.69%) German Language
7 1 (0.69%) Swedish Language
7 1 (0.69%) Financial Institution
7 1 (0.69%) Retail
7 1 (0.69%) Legal
Job Titles
1 70 (48.28%) Analyst
2 54 (37.24%) Developer
3 46 (31.72%) Business Analyst
4 20 (13.79%) C++ Developer
5 19 (13.10%) Python Developer
6 14 (9.66%) C# Developer
7 12 (8.28%) Investment Banking Business Analyst
8 10 (6.90%) Banking Business Analyst
8 10 (6.90%) C# .NET Developer
9 9 (6.21%) Credit Risk Analyst
9 9 (6.21%) Test Analyst
9 9 (6.21%) Support Analyst
10 8 (5.52%) Java Developer
10 8 (5.52%) .NET Developer
11 7 (4.83%) Author
12 6 (4.14%) Credit Risk Business Analyst
13 5 (3.45%) Tools Developer
14 4 (2.76%) Quantitative Developer
15 3 (2.07%) Credit Analyst
15 3 (2.07%) Risk Analyst
Libraries, Frameworks & Software Standards
1 28 (19.31%) XML
2 20 (13.79%) .NET
3 17 (11.72%) Django
4 16 (11.03%) Boost C++ Libraries
4 16 (11.03%) Twisted
5 15 (10.34%) WebSphere MQ
6 14 (9.66%) ZeroMQ
7 12 (8.28%) FpML
7 12 (8.28%) STL
7 12 (8.28%) WPF
8 9 (6.21%) WCF
8 9 (6.21%) Hibernate
8 9 (6.21%) Spring
9 8 (5.52%) HTML
9 8 (5.52%) .NET Framework
10 7 (4.83%) XML Schema
10 7 (4.83%) LINQ
10 7 (4.83%) Middleware
10 7 (4.83%) FIXML
11 6 (4.14%) RESTful
Miscellaneous
1 134 (92.41%) Derivative
2 46 (31.72%) Fixed Income
3 35 (24.14%) Foreign Exchange (FX)
3 35 (24.14%) Credit Risk
4 17 (11.72%) Market Risk
5 14 (9.66%) Equities
6 12 (8.28%) Equity Derivative
7 10 (6.90%) Interest Rate Derivative
8 7 (4.83%) Computer Science
9 6 (4.14%) Visualisation
10 4 (2.76%) Grid Computing
11 1 (0.69%) Client/Server
11 1 (0.69%) Hybrid Derivative
11 1 (0.69%) Inversion of Control
11 1 (0.69%) DTCC
11 1 (0.69%) Mathematics
11 1 (0.69%) Applied Mathematics
Operating Systems
1 23 (15.86%) Linux
2 15 (10.34%) Windows
3 14 (9.66%) UNIX
4 3 (2.07%) Oracle Linux
Processes & Methodologies
1 33 (22.76%) Risk Management
1 33 (22.76%) Analytics
2 28 (19.31%) OO
3 27 (18.62%) TDD
3 27 (18.62%) Business Analysis
3 27 (18.62%) Risk Analytics
4 22 (15.17%) OOD
5 18 (12.41%) Software Engineering
6 14 (9.66%) Electronic Trading
7 13 (8.97%) Agile Software Development
8 11 (7.59%) Systems Analysis
8 11 (7.59%) Multithreading
9 10 (6.90%) Manual Testing
9 10 (6.90%) Workflow
10 8 (5.52%) Use Case
11 7 (4.83%) User Acceptance Testing
11 7 (4.83%) Project Management
11 7 (4.83%) Dependency Management
12 6 (4.14%) Test Strategy
12 6 (4.14%) Root Cause Analysis
Programming Languages
1 60 (41.38%) SQL
2 36 (24.83%) C++
3 33 (22.76%) C#
4 28 (19.31%) Java
5 22 (15.17%) Python
6 9 (6.21%) Scala
7 7 (4.83%) PL/SQL
8 6 (4.14%) VBA
9 5 (3.45%) JavaScript
10 2 (1.38%) T-SQL
10 2 (1.38%) F#
11 1 (0.69%) MATLAB
11 1 (0.69%) XAML
11 1 (0.69%) Korn
11 1 (0.69%) PowerShell
11 1 (0.69%) C
11 1 (0.69%) Perl
Qualifications
1 9 (6.21%) Degree
2 2 (1.38%) MBA
2 2 (1.38%) CFA
Quality Assurance & Compliance
1 10 (6.90%) Basel III
2 7 (4.83%) EMIR
3 6 (4.14%) Dodd-Frank
4 5 (3.45%) QA
5 2 (1.38%) CRD IV
6 1 (0.69%) GCP
Systems Management
1 4 (2.76%) HP Quality Center
1 4 (2.76%) ITRS Geneos
Vendors
1 47 (32.41%) Oracle
2 13 (8.97%) ION Trading
3 12 (8.28%) Bloomberg
3 12 (8.28%) Tradeweb
4 10 (6.90%) DataSynapse
5 8 (5.52%) Calypso
6 7 (4.83%) CA
7 5 (3.45%) Sybase
7 5 (3.45%) Murex
8 4 (2.76%) MarketAxess
8 4 (2.76%) Microsoft
9 3 (2.07%) Sun
9 3 (2.07%) Advent
10 2 (1.38%) Remedy
10 2 (1.38%) TIBCO
11 1 (0.69%) Reuters
11 1 (0.69%) HP
11 1 (0.69%) Business Objects
11 1 (0.69%) Sophis
11 1 (0.69%) Wall Street Systems
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