The table below looks at the prevalence of the term DTCC in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited DTCC over the 3 months to 30 June 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 Jun 2015
Same period 2014 Same period 2013
The Depository Trust & Clearing Corporation (DTCC)
Rank 414 405 396
Rank change year-on-year
-9 -9
Contract jobs citing DTCC 8 5 10
As % of all contract IT jobs located in London 0.034% 0.021% 0.043%
As % of the Miscellaneous category 0.096% 0.057% 0.11%
Number of daily rates quoted 7 5 8
Average daily rate
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£575 £560 £563
Average daily rate % change year-on-year
+2.67% -0.44%
90% offered a daily rate of more than £487 £550 £518
10% offered a daily rate of more than £710 £690 £633
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
DTCC
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
8342 8724 9174
As % of all contract IT jobs located in London 35.60% 37.50% 39.27%
Number of daily rates quoted 5831 5979 6265
Average daily rate £470 £450 £455
Average daily rate % change year-on-year
+4.44% -1.09%
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 £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 148 150 196
Average hourly rate £19.80 £20.00 £22.50
Average hourly rate % change year-on-year
-1.02% -11.11%
90% offered a hourly rate of more than £14.10 £14.04 £14.38
10% offered a hourly rate of more than £52.17 £43.00 £47.98
UK excluding London average hourly rate £18.90 £23.00 £20.00
% change year-on-year
-17.82% +15.00%

DTCC
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing DTCC across the London region as a proportion of the total demand within the Miscellaneous category.

DTCC Jobs Demand Trend in London

DTCC
Daily Rate Trend in London

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

DTCC Daily Rate Trend in London

DTCC
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing DTCC across the London region over the 3 months to 30 June 2015.

DTCC Daily Rate Histogram in London

DTCC
Hourly Rate Trend in London

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

DTCC Hourly Rate Trend in London

DTCC
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 DTCC within the London region over the 3 months to 30 June 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 -3 2 £478 -14.73%
DTCC
England

DTCC
Top 30 Related IT Skills in London

For the 6 months to 30 June 2015, IT contractor jobs across the London region citing DTCC 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 DTCC.

1 10 (50.00%) Banking
1 10 (50.00%) EMIR
2 9 (45.00%) Investment Banking
2 9 (45.00%) Derivative
3 7 (35.00%) Asset Management
3 7 (35.00%) Back Office
4 6 (30.00%) Front Office
4 6 (30.00%) SQL
4 6 (30.00%) XML
4 6 (30.00%) Foreign Exchange (FX)
4 6 (30.00%) SimCorp
4 6 (30.00%) SimCorp Dimension
4 6 (30.00%) Dodd-Frank
4 6 (30.00%) Data Structures
4 6 (30.00%) Cash Management
5 5 (25.00%) Equities
5 5 (25.00%) Finance
6 4 (20.00%) FpML
7 3 (15.00%) Project Management
7 3 (15.00%) Sarbanes-Oxley
7 3 (15.00%) Charles River
7 3 (15.00%) HP Quality Center
7 3 (15.00%) Business Analysis
7 3 (15.00%) FIX Protocol
8 2 (10.00%) MiFID
8 2 (10.00%) Interest Rate Derivative
8 2 (10.00%) Software Testing
8 2 (10.00%) ISEB Practitioner
8 2 (10.00%) Document Management
8 2 (10.00%) User Acceptance Testing

DTCC
Top Related IT Skills in London by Category

For the 6 months to 30 June 2015, IT contractor jobs across the London region citing DTCC 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 DTCC. Up to 20 skills are shown per category.

Application Platforms
1 1 (5.00%) CMS
Business Applications
1 6 (30.00%) SimCorp Dimension
Database & Business Intelligence
1 1 (5.00%) NoSQL
General
1 10 (50.00%) Banking
2 9 (45.00%) Investment Banking
3 7 (35.00%) Back Office
4 6 (30.00%) Front Office
5 5 (25.00%) Finance
Job Titles
1 14 (70.00%) Analyst
2 12 (60.00%) Business Analyst
3 6 (30.00%) Senior Business Analyst
3 6 (30.00%) Senior Analyst
4 2 (10.00%) Test Manager
5 1 (5.00%) Technical Architect
5 1 (5.00%) Architect
5 1 (5.00%) Project Manager
5 1 (5.00%) Operations Analyst
5 1 (5.00%) Functional Analyst
5 1 (5.00%) IT Business Analyst
5 1 (5.00%) Banking Business Analyst
5 1 (5.00%) Investment Banking Business Analyst
5 1 (5.00%) Report Analyst
Libraries, Frameworks & Software Standards
1 6 (30.00%) XML
2 4 (20.00%) FpML
3 3 (15.00%) FIX Protocol
4 2 (10.00%) XML Messaging
5 1 (5.00%) Middleware
5 1 (5.00%) Apache Flex
5 1 (5.00%) HTML5
5 1 (5.00%) HTML
Miscellaneous
1 9 (45.00%) Derivative
2 6 (30.00%) Foreign Exchange (FX)
2 6 (30.00%) Data Structures
3 5 (25.00%) Equities
4 2 (10.00%) Management Information System
4 2 (10.00%) Fixed Income
4 2 (10.00%) Interest Rate Derivative
5 1 (5.00%) Swaptions
5 1 (5.00%) Reference Data
5 1 (5.00%) ASIC
Processes & Methodologies
1 7 (35.00%) Asset Management
2 6 (30.00%) Cash Management
3 3 (15.00%) Business Analysis
3 3 (15.00%) Project Management
4 2 (10.00%) Workflow
4 2 (10.00%) Document Management
4 2 (10.00%) Agile Software Development
4 2 (10.00%) Software Testing
4 2 (10.00%) User Acceptance Testing
4 2 (10.00%) Test Management
4 2 (10.00%) Test Strategy
4 2 (10.00%) Agile Testing
4 2 (10.00%) System Integration Testing
5 1 (5.00%) Target Operating Model
5 1 (5.00%) Performance Tuning
5 1 (5.00%) Performance Analysis
5 1 (5.00%) Critical Success Factor
5 1 (5.00%) Use Case
5 1 (5.00%) SOA
5 1 (5.00%) Stakeholder Management
Programming Languages
1 6 (30.00%) SQL
2 1 (5.00%) Java
Qualifications
1 2 (10.00%) ISEB
1 2 (10.00%) ISEB Practitioner
Quality Assurance & Compliance
1 10 (50.00%) EMIR
2 6 (30.00%) Dodd-Frank
3 3 (15.00%) Sarbanes-Oxley
4 2 (10.00%) MiFID
5 1 (5.00%) Solvency II
Systems Management
1 3 (15.00%) HP Quality Center
Vendors
1 6 (30.00%) SimCorp
2 3 (15.00%) Charles River
3 1 (5.00%) Wall Street Systems
3 1 (5.00%) Oracle
3 1 (5.00%) Misys
London
Hatstand Limited
Rate: £600 - £700 per day
Posted: 4 days ago