Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the prevalence of the term Credit Risk 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 Risk over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

 Credit Risk
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank836495
Rank change year-on-year
Down-19Up+31
Matching contract IT job ads565407616
As % of all contract IT jobs located in London2.181 %2.466 %1.681 %
As % of the Miscellaneous category6.225 %8.042 %6.048 %
Daily rates quoted405291364
Average daily rate£525£500£550
Average daily rate % change year-on-year
+5.000 %-9.090 %
90% of contracts offered a daily rate of more than£400£400£400
10% of contracts offered a daily rate of more than£650£650£775
UK excluding London average daily rate£365£340£400
% change year-on-year
+7.350 %-15.00 %
Hourly rates quoted006
Average hourly rate--£35.00
UK excluding London average hourly rate-£35.00-
London IT Contractor Job Market, Miscellaneous CategoryAll Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
9076506110185
As % of all contract IT jobs located in London35.04 %30.66 %27.79 %
Daily rates quoted542122454603
Average daily rate£535£475£550
Average daily rate % change year-on-year
+12.63 %-13.63 %
90% of contracts offered a daily rate of more than£325£275£325
10% of contracts offered a daily rate of more than£650£625£700
UK excluding London average daily rate£325£330£350
% change year-on-year
-1.510 %-5.710 %
Hourly rates quoted203234459
Average hourly rate£20.00£20.00£24.00
Average hourly rate % change year-on-year
--16.66 %
90% of contracts offered a hourly rate of more than£13.00£13.50£12.50
10% of contracts offered a hourly rate of more than£50.00£39.00£42.50
UK excluding London average hourly rate£19.00£22.63£25.00
% change year-on-year
-16.04 %-9.480 %
Credit Risk EnglandCredit Risk
England

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.

Credit Risk
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Credit Risk across the London region as a proportion of the total demand within the Miscellaneous category.

London Credit Risk Demand Trend

Credit Risk
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Risk across the London region.

London Credit Risk Daily Rate Trend

Credit Risk
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Risk across the London region over the 3 months to 19 March 2010.

London Credit Risk Daily Rate Histogram

Credit Risk
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Risk across the London region.

London Credit Risk Hourly Rate Trend

Credit Risk
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Credit Risk within the London region over the 3 months to 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
City of LondonDown-26290£525-
Canary WharfDown-826£550-
Docklands, LondonDown-118£463-2.63 %
Credit Risk EnglandCredit Risk
England

Credit Risk
Top 30 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs across the London region citing Credit Risk 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 Risk.

1667 (61.87 %)Banking
2489 (45.36 %)Investment Banking
3377 (34.97 %)Finance
4285 (26.44 %)SQL
5275 (25.51 %)Risk Management
6239 (22.17 %)Derivative
7231 (21.43 %)Java
8225 (20.87 %)Front Office
9191 (17.72 %)Market Risk
10183 (16.98 %)Sybase
11173 (16.05 %)Business Analysis
12151 (14.01 %)Oracle
13125 (11.60 %)C#
14120 (11.13 %)C++
15115 (10.67 %)UNIX
16107 (9.926 %)Fixed Income
1798 (9.091 %).NET
1892 (8.534 %)Basel II
1892 (8.534 %)Monte Carlo Method
1988 (8.163 %)User Acceptance Testing
2084 (7.792 %)Project Management
2084 (7.792 %)SQL Server
2180 (7.421 %)Foreign Exchange (FX)
2276 (7.050 %)Equity Derivative
2367 (6.215 %)Back Office
2367 (6.215 %)OO
2466 (6.122 %)Data Analysis
2563 (5.844 %)SAS
2657 (5.288 %)Equities
2755 (5.102 %)Credit Derivative

Credit Risk
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs across the London region citing Credit Risk 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 Risk. Up to 20 skills are shown per category.

London IT Contractor Job Market, Application Development CategoryApplication Development
198 (9.091 %).NET
251 (4.731 %)J2EE
348 (4.453 %)XML
435 (3.247 %)ASP.NET
532 (2.968 %)Web Services
628 (2.597 %)Spring
726 (2.412 %)STL
825 (2.319 %)Hibernate
923 (2.134 %)WinForms
1022 (2.041 %)J2SE
1022 (2.041 %)SOAP
1120 (1.855 %)Struts
1219 (1.763 %)AJAX
1314 (1.299 %)JMS
1314 (1.299 %)Java EE
1314 (1.299 %)Oracle Coherence
1411 (1.020 %).NET Framework
1510 (0.928 %)JSP
169 (0.835 %)Swing
178 (0.742 %)MDX
London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
163 (5.844 %)SAS
29 (0.835 %)SharePoint
35 (0.464 %)Oracle Workflow
35 (0.464 %)Apache
44 (0.371 %)MQSeries
53 (0.278 %)WebLogic
62 (0.186 %)Tomcat
62 (0.186 %)IIS
62 (0.186 %)Confluence
62 (0.186 %)TIBCO EMS
71 (0.093 %)Mathematica
71 (0.093 %)MTS
London IT Contractor Job Market, Applications CategoryApplications
134 (3.154 %)MS Excel
233 (3.061 %)MS Visio
313 (1.206 %)Spreadsheet
412 (1.113 %)MATLAB
511 (1.020 %)MS Project
67 (0.649 %)MS PowerPoint
74 (0.371 %)MS Office
81 (0.093 %)CA Clarity
81 (0.093 %)SPSS
London IT Contractor Job Market, Business Applications CategoryBusiness Applications
126 (2.412 %)Algo Collateral
28 (0.742 %)Endur
36 (0.557 %)Findur
36 (0.557 %)Siebel Analytics
36 (0.557 %)ION MarketView
43 (0.278 %)Adaptiv
43 (0.278 %)Front Arena
43 (0.278 %)Hyperion Planning
43 (0.278 %)Summit
52 (0.186 %)SAP R/3
52 (0.186 %)ProfileStage
52 (0.186 %)Sophis RISQUE
61 (0.093 %)Oracle EBS
London IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
16 (0.557 %)Internet
25 (0.464 %)Intranet
34 (0.371 %)SAN
London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
184 (7.792 %)SQL Server
234 (3.154 %)BusinessObjects
332 (2.968 %)Datawarehouse
420 (1.855 %)MS Access
518 (1.670 %)Reference Data
615 (1.391 %)OLAP
615 (1.391 %)Oracle 10g
712 (1.113 %)Oracle BI EE
811 (1.020 %)SQL Server 2005
811 (1.020 %)Oracle Reports
99 (0.835 %)Oracle OWB
99 (0.835 %)TOAD
99 (0.835 %)ETL
108 (0.742 %)DTS
117 (0.649 %)SQL Server Integration Services
117 (0.649 %)RDBMS
126 (0.557 %)SQL Server 2000
126 (0.557 %)Star Schema
126 (0.557 %)OLTP
126 (0.557 %)SQL Server Analysis Services
London IT Contractor Job Market, Development Applications CategoryDevelopment Applications
114 (1.299 %)Maven
210 (0.928 %)Subversion
38 (0.742 %)Ant
47 (0.649 %)JIRA
55 (0.464 %)ClearCase
55 (0.464 %)ProC
64 (0.371 %)Oracle Forms
64 (0.371 %)NUnit
73 (0.278 %)Eclipse
73 (0.278 %)TestDirector
82 (0.186 %)QuickTest Pro
82 (0.186 %)JUnit
82 (0.186 %)NCover
82 (0.186 %)NDepend
82 (0.186 %)CruiseControl
91 (0.093 %)Rational Rose
91 (0.093 %)LoadRunner
91 (0.093 %)WinRunner
London IT Contractor Job Market, General CategoryGeneral
1667 (61.87 %)Banking
2489 (45.36 %)Investment Banking
3377 (34.97 %)Finance
4225 (20.87 %)Front Office
567 (6.215 %)Back Office
636 (3.340 %)Retail
727 (2.505 %)Financial Institution
824 (2.226 %)Corporate Banking
922 (2.041 %)Retail Banking
1014 (1.299 %)Legal
1014 (1.299 %)Insurance
1111 (1.020 %)Education
125 (0.464 %)Government
133 (0.278 %)Marketing
133 (0.278 %)Construction
142 (0.186 %)Law
142 (0.186 %)Advertising
142 (0.186 %)Wholesale Banking
151 (0.093 %)Pensions
151 (0.093 %)International Banking
London IT Contractor Job Market, Job Titles CategoryJob Titles
1489 (45.36 %)Analyst
2386 (35.81 %)Business Analyst
3381 (35.34 %)Developer
4243 (22.54 %)Credit Risk Analyst
5189 (17.53 %)Credit Risk Business Analyst
6148 (13.73 %)Risk Analyst
7138 (12.80 %)Java Developer
8137 (12.71 %)Credit Analyst
984 (7.792 %)Banking Business Analyst
1072 (6.679 %)Project Manager
1165 (6.030 %)C++ Developer
1255 (5.102 %)Investment Banking Business Analyst
1350 (4.638 %)Credit Risk Developer
1448 (4.453 %)Senior Developer
1545 (4.174 %)C# Developer
1641 (3.803 %)Credit Risk Project Manager
1736 (3.340 %)Architect
1736 (3.340 %)Data Analyst
1828 (2.597 %)Market Risk Analyst
1828 (2.597 %)Risk Manager
London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
1239 (22.17 %)Derivative
2191 (17.72 %)Market Risk
3107 (9.926 %)Fixed Income
480 (7.421 %)Foreign Exchange (FX)
576 (7.050 %)Equity Derivative
657 (5.288 %)Equities
755 (5.102 %)Credit Derivative
850 (4.638 %)Multithreading
942 (3.896 %)Interest Rate Derivative
1035 (3.247 %)Grid Computing
1118 (1.670 %)Cloud Computing
1213 (1.206 %)Mathematics
1310 (0.928 %)Management Information System
147 (0.649 %)PMI
156 (0.557 %)Statistics
165 (0.464 %)Exotic Derivative
165 (0.464 %)Data Integration
174 (0.371 %)N-Tier
174 (0.371 %)Replication
174 (0.371 %)Computer Science
London IT Contractor Job Market, Operating Systems CategoryOperating Systems
1115 (10.67 %)UNIX
240 (3.711 %)Windows
327 (2.505 %)Linux
420 (1.855 %)Solaris
53 (0.278 %)Windows Server 2003
61 (0.093 %)Windows 2000
61 (0.093 %)Windows XP
61 (0.093 %)MVS
London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1275 (25.51 %)Risk Management
2173 (16.05 %)Business Analysis
392 (8.534 %)Monte Carlo Method
488 (8.163 %)User Acceptance Testing
584 (7.792 %)Project Management
667 (6.215 %)OO
766 (6.122 %)Data Analysis
848 (4.453 %)Data Modelling
941 (3.803 %)Change Management
1038 (3.525 %)Software Engineering
1038 (3.525 %)Systems Analysis
1137 (3.432 %)Use Case
1233 (3.061 %)Test Scripting
1329 (2.690 %)UML
1428 (2.597 %)OOD
1526 (2.412 %)Workflow
1526 (2.412 %)Data Management
1625 (2.319 %)Stakeholder Management
1724 (2.226 %)Migration
1820 (1.855 %)Business Intelligence
London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
1285 (26.44 %)SQL
2231 (21.43 %)Java
3125 (11.60 %)C#
4120 (11.13 %)C++
554 (5.009 %)VBA
639 (3.618 %)Perl
735 (3.247 %)VB
834 (3.154 %)C
924 (2.226 %)PL/SQL
924 (2.226 %)Shell Script
1019 (1.763 %)T-SQL
1113 (1.206 %)JavaScript
1113 (1.206 %)Python
1211 (1.020 %)VC++
1211 (1.020 %)VB.NET
137 (0.649 %)VB6
145 (0.464 %)Ruby
153 (0.278 %)Bash shell
153 (0.278 %)Groovy
153 (0.278 %)VBScript
London IT Contractor Job Market, Qualifications CategoryQualifications
134 (3.154 %)Degree
210 (0.928 %)PhD
210 (0.928 %)ISEB
37 (0.649 %)PMI Certification
45 (0.464 %)CFA
45 (0.464 %)MBA
53 (0.278 %)ISEB Practitioner
62 (0.186 %)PRINCE2 Certification
71 (0.093 %)CIMA
71 (0.093 %)ACCA
London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
192 (8.534 %)Basel II
224 (2.226 %)QA
39 (0.835 %)Sarbanes-Oxley
42 (0.186 %)SLA
42 (0.186 %)MiFID
42 (0.186 %)WAI
London IT Contractor Job Market, Systems Management CategorySystems Management
16 (0.557 %)AutoSys
24 (0.371 %)CONTROL-M
31 (0.093 %)EMC NetWorker
London IT Contractor Job Market, Vendors CategoryVendors
1183 (16.98 %)Sybase
2151 (14.01 %)Oracle
334 (3.154 %)Business Objects
424 (2.226 %)Microsoft
424 (2.226 %)DataSynapse
513 (1.206 %)Murex
610 (0.928 %)Tangosol
78 (0.742 %)SAP
78 (0.742 %)Algorithmics
87 (0.649 %)OpenLink
87 (0.649 %)TIBCO
96 (0.557 %)SunGard
96 (0.557 %)Siebel
96 (0.557 %)ION Trading
105 (0.464 %)Sophis
105 (0.464 %)GigaSpaces
105 (0.464 %)Calypso
114 (0.371 %)Informatica
114 (0.371 %)Teradata
123 (0.278 %)DevExpress