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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
The Depository Trust & Clearing Corporation (DTCC)
Rank 410 414 395
Rank change year-on-year
+4 -19
Contract jobs citing DTCC 1 2 10
As % of all contract IT jobs located in London 0.005% 0.009% 0.045%
As % of the Miscellaneous category 0.013% 0.026% 0.12%
Number of daily rates quoted 1 1 8
Average daily rate £650 £250 £488
Average daily rate % change year-on-year
+160.00% -48.71%
UK excluding London average daily rate - £500 -
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
7581 7663 8394
As % of all contract IT jobs located in London 35.73% 36.17% 38.17%
Number of daily rates quoted 5311 5369 5705
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £285 £285 £253
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £370 £350
% change year-on-year
+1.35% +5.71%
Number of hourly rates quoted 135 150 161
Average hourly rate £20.00 £20.00 £23.63
Average hourly rate % change year-on-year
- -15.36%
90% offered a hourly rate of more than £13.00 £13.50 £13.50
10% offered a hourly rate of more than £42.50 £37.00 £52.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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
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
Top 30 Related IT Skills in London

For the 6 months to 9 February 2016, 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 5 (83.33%) EMIR
2 4 (66.67%) Dodd-Frank
2 4 (66.67%) Foreign Exchange (FX)
2 4 (66.67%) Banking
3 3 (50.00%) Investment Banking
3 3 (50.00%) Analytical Skills
4 2 (33.33%) Murex
4 2 (33.33%) Finance
4 2 (33.33%) Stakeholder Management
4 2 (33.33%) Summit
4 2 (33.33%) Derivative
5 1 (16.67%) Equity Derivative
5 1 (16.67%) Requirements Management
5 1 (16.67%) Degree
5 1 (16.67%) MiFID
5 1 (16.67%) QA
5 1 (16.67%) Reference Data
5 1 (16.67%) Spreadsheet
5 1 (16.67%) Root Cause Analysis
5 1 (16.67%) Agile Software Development
5 1 (16.67%) Data Analysis
5 1 (16.67%) SQL
5 1 (16.67%) MS Excel
5 1 (16.67%) Change Management
5 1 (16.67%) GAP Analysis
5 1 (16.67%) Front Office
5 1 (16.67%) Back Office
5 1 (16.67%) Fixed Income
5 1 (16.67%) Equities
5 1 (16.67%) Programme Management

DTCC
Top Related IT Skills in London by Category

For the 6 months to 9 February 2016, 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.

Applications
1 1 (16.67%) MS Excel
1 1 (16.67%) Spreadsheet
Business Applications
1 2 (33.33%) Summit
General
1 4 (66.67%) Banking
2 3 (50.00%) Investment Banking
3 2 (33.33%) Finance
4 1 (16.67%) Back Office
4 1 (16.67%) Front Office
Job Titles
1 5 (83.33%) Analyst
2 3 (50.00%) Business Analyst
2 3 (50.00%) Report Analyst
3 2 (33.33%) Project Manager
3 2 (33.33%) Regulatory Business Analyst
3 2 (33.33%) Regulatory Reporting Business Analyst
4 1 (16.67%) Banking Analyst
4 1 (16.67%) Business IT Analyst
4 1 (16.67%) Business Manager
4 1 (16.67%) Business Project Manager
4 1 (16.67%) Data Analyst
4 1 (16.67%) Investment Banking Business Analyst
4 1 (16.67%) Investment Banking Project Manager
4 1 (16.67%) IT Analyst
4 1 (16.67%) IT Business Analyst
4 1 (16.67%) Project Analyst
4 1 (16.67%) Senior Analyst
Miscellaneous
1 4 (66.67%) Foreign Exchange (FX)
2 3 (50.00%) Analytical Skills
3 2 (33.33%) Derivative
4 1 (16.67%) Equities
4 1 (16.67%) Equity Derivative
4 1 (16.67%) Fixed Income
4 1 (16.67%) Reference Data
Processes & Methodologies
1 2 (33.33%) Stakeholder Management
2 1 (16.67%) Agile Software Development
2 1 (16.67%) Change Management
2 1 (16.67%) Data Analysis
2 1 (16.67%) Data Enrichment
2 1 (16.67%) GAP Analysis
2 1 (16.67%) Programme Management
2 1 (16.67%) Requirements Management
2 1 (16.67%) Root Cause Analysis
Programming Languages
1 1 (16.67%) SQL
Qualifications
1 1 (16.67%) Degree
Quality Assurance & Compliance
1 5 (83.33%) EMIR
2 4 (66.67%) Dodd-Frank
3 1 (16.67%) MiFID
3 1 (16.67%) QA
Vendors
1 2 (33.33%) Murex