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 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
The Depository Trust & Clearing Corporation (DTCC)
Rank 398 424 423
Rank change year-on-year
+26 -1
Contract jobs citing DTCC 17 9 6
As % of all contract IT jobs located in London 0.072% 0.038% 0.024%
As % of the Miscellaneous category 0.20% 0.10% 0.062%
Number of daily rates quoted 11 8 4
Average daily rate
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of your Daily Rate
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£575 £550 £531
Average daily rate % change year-on-year
+4.54% +3.52%
90% offered a daily rate of more than £425 £515 £504
10% offered a daily rate of more than £700 £558 £550
UK excluding London average daily rate - - -
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
8622 8947 9751
As % of all contract IT jobs located in London 36.36% 37.37% 38.99%
Number of daily rates quoted 5961 5951 6649
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £285 £277
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 155 183 197
Average hourly rate £21.50 £19.00 £20.00
Average hourly rate % change year-on-year
+13.15% -5.00%
90% offered a hourly rate of more than £14.00 £14.04 £13.00
10% offered a hourly rate of more than £44.40 £45.00 £47.00
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

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 28 August 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 28 August 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 +4 3 £425 -22.72%
DTCC
England

DTCC
Top 30 Related IT Skills in London

For the 6 months to 28 August 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 21 (67.74%) Banking
2 18 (58.06%) Investment Banking
2 18 (58.06%) EMIR
3 15 (48.39%) Derivative
4 14 (45.16%) Dodd-Frank
5 11 (35.48%) Foreign Exchange (FX)
6 9 (29.03%) Equities
7 8 (25.81%) Asset Management
7 8 (25.81%) SQL
7 8 (25.81%) Back Office
8 7 (22.58%) Front Office
9 6 (19.35%) Finance
9 6 (19.35%) XML
9 6 (19.35%) Business Analysis
9 6 (19.35%) SimCorp
9 6 (19.35%) SimCorp Dimension
9 6 (19.35%) User Acceptance Testing
9 6 (19.35%) Cash Management
9 6 (19.35%) Data Structures
10 5 (16.13%) QA
10 5 (16.13%) FpML
11 4 (12.90%) MiFID
11 4 (12.90%) FIX Protocol
11 4 (12.90%) Stakeholder Management
11 4 (12.90%) Reference Data
12 3 (9.68%) HP Quality Center
12 3 (9.68%) Test Strategy
12 3 (9.68%) Fixed Income
12 3 (9.68%) Data Analysis
12 3 (9.68%) Project Management

DTCC
Top Related IT Skills in London by Category

For the 6 months to 28 August 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 (3.23%) MQSeries
1 1 (3.23%) Oracle Coherence
Business Applications
1 6 (19.35%) SimCorp Dimension
Communications & Networking
1 1 (3.23%) DSL
Database & Business Intelligence
1 2 (6.45%) NoSQL
General
1 21 (67.74%) Banking
2 18 (58.06%) Investment Banking
3 8 (25.81%) Back Office
4 7 (22.58%) Front Office
5 6 (19.35%) Finance
6 1 (3.23%) Legal
Job Titles
1 21 (67.74%) Analyst
2 18 (58.06%) Business Analyst
3 6 (19.35%) Senior Business Analyst
3 6 (19.35%) Senior Analyst
4 5 (16.13%) IT Business Analyst
4 5 (16.13%) Project Manager
5 3 (9.68%) Report Analyst
5 3 (9.68%) Investment Banking Business Analyst
6 2 (6.45%) Banking Business Analyst
6 2 (6.45%) Data Analyst
6 2 (6.45%) Technical Architect
6 2 (6.45%) Architect
6 2 (6.45%) Test Manager
7 1 (3.23%) Test Analyst
7 1 (3.23%) Business Project Manager
7 1 (3.23%) Functional Analyst
7 1 (3.23%) Business Manager
Libraries, Frameworks & Software Standards
1 6 (19.35%) XML
2 5 (16.13%) FpML
3 4 (12.90%) FIX Protocol
4 3 (9.68%) Middleware
5 2 (6.45%) HTML
5 2 (6.45%) Apache Flex
5 2 (6.45%) XML Messaging
5 2 (6.45%) HTML5
6 1 (3.23%) Drools
6 1 (3.23%) XSLT
Miscellaneous
1 15 (48.39%) Derivative
2 11 (35.48%) Foreign Exchange (FX)
3 9 (29.03%) Equities
4 6 (19.35%) Data Structures
5 4 (12.90%) Reference Data
6 3 (9.68%) Fixed Income
7 2 (6.45%) Management Information System
8 1 (3.23%) ASIC
8 1 (3.23%) Analytical Skills
8 1 (3.23%) Interest Rate Derivative
8 1 (3.23%) Equity Derivative
Operating Systems
1 1 (3.23%) UNIX
Processes & Methodologies
1 8 (25.81%) Asset Management
2 6 (19.35%) Business Analysis
2 6 (19.35%) User Acceptance Testing
2 6 (19.35%) Cash Management
3 4 (12.90%) Stakeholder Management
4 3 (9.68%) Project Management
4 3 (9.68%) Data Analysis
4 3 (9.68%) Test Strategy
5 2 (6.45%) Agile Testing
5 2 (6.45%) Performance Tuning
5 2 (6.45%) Performance Analysis
5 2 (6.45%) Test Management
5 2 (6.45%) System Integration Testing
5 2 (6.45%) Agile Software Development
5 2 (6.45%) Document Management
5 2 (6.45%) Software Testing
5 2 (6.45%) Requirements Management
5 2 (6.45%) GAP Analysis
5 2 (6.45%) SOA
5 2 (6.45%) Workflow
Programming Languages
1 8 (25.81%) SQL
2 2 (6.45%) Java
Qualifications
1 2 (6.45%) ISEB
1 2 (6.45%) ISEB Practitioner
1 2 (6.45%) Degree
Quality Assurance & Compliance
1 18 (58.06%) EMIR
2 14 (45.16%) Dodd-Frank
3 5 (16.13%) QA
4 4 (12.90%) MiFID
5 3 (9.68%) Sarbanes-Oxley
6 2 (6.45%) Solvency II
Systems Management
1 3 (9.68%) HP Quality Center
Vendors
1 6 (19.35%) SimCorp
2 3 (9.68%) Oracle
2 3 (9.68%) Charles River
3 1 (3.23%) Wall Street Systems