The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 17 September 2014 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
17 Sep 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 484 489 515
Rank change year-on-year
+5 +26
Contract jobs citing Credit Derivative 112 93 81
As % of all contract IT jobs located in the UK 0.20% 0.18% 0.14%
As % of the Miscellaneous category 0.65% 0.57% 0.46%
Number of daily rates quoted 76 62 68
Average daily rate
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of your Daily Rate
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£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £450 £400 £550
10% offered a daily rate of more than £625 £675 £700
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
17295 16389 17515
As % of all contract IT jobs located in the UK 30.52% 31.07% 29.92%
Number of daily rates quoted 10526 10094 10144
Average daily rate £401 £413 £400
Average daily rate % change year-on-year
-2.90% +3.12%
90% offered a daily rate of more than £235 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 719 666 878
Average hourly rate £18.53 £18.02 £25.00
Average hourly rate % change year-on-year
+2.85% -27.94%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.53 £17.50 £27.50
% change year-on-year
+5.88% -36.36%

Credit Derivative
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Credit Derivative within the UK as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in the UK

Credit Derivative
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative within the UK.

Credit Derivative Daily Rate Trend in the UK

Credit Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative within the UK over the 3 months to 17 September 2014.

Credit Derivative Daily Rate Histogram in the UK

Credit Derivative
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative within the UK.

Credit Derivative Hourly Rate Trend in the UK

Credit Derivative
Top 7 Contract Locations

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 UK over the 3 months to 17 September 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
England -1 111 £550 - 8
London +28 110 £550 - 8
City of London +13 26 £615 +5.57% 4
Glasgow - - - -
County Londonderry - - - -
Scotland - - - -
Northern Ireland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 17 September 2014, IT contractor jobs within the UK 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.

1 165 (98.80%) Derivative
2 90 (53.89%) Front Office
3 89 (53.29%) Banking
4 77 (46.11%) Finance
5 76 (45.51%) Investment Banking
6 71 (42.51%) SQL
7 61 (36.53%) Oracle
8 59 (35.33%) Fixed Income
9 45 (26.95%) Agile Software Development
10 39 (23.35%) Foreign Exchange (FX)
11 38 (22.75%) Credit Risk
12 37 (22.16%) Analytics
13 35 (20.96%) Risk Management
14 34 (20.36%) Java
14 34 (20.36%) Analytical Skills
15 32 (19.16%) Linux
16 31 (18.56%) XML
16 31 (18.56%) C++
17 30 (17.96%) OO
17 30 (17.96%) Business Analysis
18 29 (17.37%) Risk Analytics
18 29 (17.37%) TDD
19 28 (16.77%) C#
20 26 (15.57%) Oracle Database
21 25 (14.97%) UNIX
22 23 (13.77%) OOD
23 22 (13.17%) Python
24 21 (12.57%) Back Office
24 21 (12.57%) Manual Testing
25 19 (11.38%) Django

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 17 September 2014, IT contractor jobs within the UK 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 17 (10.18%) WebSphere
2 5 (2.99%) Oracle Coherence
Applications
1 2 (1.20%) MS Excel
2 1 (0.60%) MS Project
Business Applications
1 5 (2.99%) ION MarketView
2 1 (0.60%) Tesseract
2 1 (0.60%) Minerva
2 1 (0.60%) Sentinel
2 1 (0.60%) Global One
Communications & Networking
1 1 (0.60%) TCP/IP
1 1 (0.60%) DNS
1 1 (0.60%) Wireshark
1 1 (0.60%) tcpdump
Database & Business Intelligence
1 26 (15.57%) Oracle Database
2 16 (9.58%) PostgreSQL
2 16 (9.58%) ObjectStore
3 10 (5.99%) Relational Database
4 7 (4.19%) Oracle Database 10g
4 7 (4.19%) SQL Server
5 5 (2.99%) Data Warehouse
5 5 (2.99%) Oracle Database 11g
6 3 (1.80%) MS Access
6 3 (1.80%) RDBMS
7 2 (1.20%) SQL Server 2008
7 2 (1.20%) SQL Server Analysis Services
7 2 (1.20%) OLAP
8 1 (0.60%) SQLPlus
8 1 (0.60%) Microsoft Analysis Services
8 1 (0.60%) Oracle OLAP
8 1 (0.60%) SQL Server 2005
8 1 (0.60%) BusinessObjects Web Intelligence
8 1 (0.60%) QlikView
Development Applications
1 4 (2.40%) JIRA
1 4 (2.40%) Eclipse
1 4 (2.40%) IntelliJ
2 2 (1.20%) TeamCity
2 2 (1.20%) CruiseControl
2 2 (1.20%) Visual Studio
2 2 (1.20%) QuickTest Pro
3 1 (0.60%) Toad
3 1 (0.60%) Subversion
3 1 (0.60%) Jenkins
3 1 (0.60%) Git (software)
3 1 (0.60%) StyleCop
General
1 90 (53.89%) Front Office
2 89 (53.29%) Banking
3 77 (46.11%) Finance
4 76 (45.51%) Investment Banking
5 21 (12.57%) Back Office
6 7 (4.19%) Publishing
7 3 (1.80%) French Language
8 2 (1.20%) Legal
9 1 (0.60%) Games
Job Titles
1 90 (53.89%) Analyst
2 60 (35.93%) Developer
3 51 (30.54%) Business Analyst
4 23 (13.77%) Java Developer
5 21 (12.57%) C++ Developer
5 21 (12.57%) Python Developer
6 17 (10.18%) Test Analyst
6 17 (10.18%) Credit Risk Analyst
7 11 (6.59%) C# Developer
8 9 (5.39%) Support Analyst
8 9 (5.39%) Investment Banking Business Analyst
9 8 (4.79%) Risk Analyst
10 7 (4.19%) .NET Developer
10 7 (4.19%) Author
10 7 (4.19%) C# .NET Developer
11 6 (3.59%) Banking Business Analyst
11 6 (3.59%) Credit Analyst
11 6 (3.59%) Lead Test Analyst
12 4 (2.40%) Test Leader
12 4 (2.40%) Applications Support
Libraries, Frameworks & Software Standards
1 31 (18.56%) XML
2 19 (11.38%) Django
3 18 (10.78%) Twisted
3 18 (10.78%) Boost C++ Libraries
4 17 (10.18%) WebSphere MQ
5 16 (9.58%) ZeroMQ
6 15 (8.98%) .NET
7 13 (7.78%) Spring
7 13 (7.78%) Hibernate
8 12 (7.19%) STL
8 12 (7.19%) FpML
9 7 (4.19%) XML Schema
9 7 (4.19%) FIXML
9 7 (4.19%) WPF
10 6 (3.59%) .NET Framework
11 5 (2.99%) Middleware
11 5 (2.99%) LINQ
12 4 (2.40%) FIX Protocol
13 3 (1.80%) ADO
13 3 (1.80%) WCF
Miscellaneous
1 165 (98.80%) Derivative
2 59 (35.33%) Fixed Income
3 39 (23.35%) Foreign Exchange (FX)
4 38 (22.75%) Credit Risk
5 34 (20.36%) Analytical Skills
6 15 (8.98%) Equities
7 11 (6.59%) Interest Rate Derivative
7 11 (6.59%) Equity Derivative
8 10 (5.99%) Market Risk
9 5 (2.99%) Grid Computing
10 4 (2.40%) Mathematics
11 3 (1.80%) Visualisation
11 3 (1.80%) SWIFT
12 2 (1.20%) User Experience
12 2 (1.20%) Computer Science
12 2 (1.20%) Management Information System
13 1 (0.60%) Client/Server
13 1 (0.60%) Spread Betting
13 1 (0.60%) Applied Mathematics
13 1 (0.60%) Hybrid Derivative
Operating Systems
1 32 (19.16%) Linux
2 25 (14.97%) UNIX
3 18 (10.78%) Windows
4 8 (4.79%) Oracle Linux
Processes & Methodologies
1 45 (26.95%) Agile Software Development
2 37 (22.16%) Analytics
3 35 (20.96%) Risk Management
4 30 (17.96%) OO
4 30 (17.96%) Business Analysis
5 29 (17.37%) Risk Analytics
5 29 (17.37%) TDD
6 23 (13.77%) OOD
7 21 (12.57%) Manual Testing
8 18 (10.78%) Software Engineering
9 16 (9.58%) Automated Testing
10 14 (8.38%) Test Automation
10 14 (8.38%) Systems Analysis
11 13 (7.78%) Electronic Trading
12 12 (7.19%) Test Strategy
12 12 (7.19%) ETL
13 11 (6.59%) Root Cause Analysis
13 11 (6.59%) User Acceptance Testing
14 10 (5.99%) Workflow
15 6 (3.59%) ITIL
Programming Languages
1 71 (42.51%) SQL
2 34 (20.36%) Java
3 31 (18.56%) C++
4 28 (16.77%) C#
5 22 (13.17%) Python
6 7 (4.19%) VBA
7 5 (2.99%) PL/SQL
8 2 (1.20%) JavaScript
8 2 (1.20%) Perl
9 1 (0.60%) MATLAB
9 1 (0.60%) C
9 1 (0.60%) XAML
9 1 (0.60%) F#
Qualifications
1 5 (2.99%) Degree
Quality Assurance & Compliance
1 15 (8.98%) Basel III
2 5 (2.99%) EMIR
2 5 (2.99%) Dodd-Frank
3 4 (2.40%) QA
4 2 (1.20%) MiFID
5 1 (0.60%) CRD IV
5 1 (0.60%) Data Quality
Systems Management
1 4 (2.40%) ITRS Geneos
2 3 (1.80%) HP Quality Center
Vendors
1 61 (36.53%) Oracle
2 10 (5.99%) Tradeweb
3 8 (4.79%) Murex
4 7 (4.19%) Bloomberg
4 7 (4.19%) ION Trading
5 6 (3.59%) DataSynapse
6 5 (2.99%) CA
7 4 (2.40%) Sybase
7 4 (2.40%) Calypso
8 2 (1.20%) MarketAxess
8 2 (1.20%) Wall Street Systems
8 2 (1.20%) Business Objects
8 2 (1.20%) Remedy
8 2 (1.20%) Reuters
8 2 (1.20%) Sun
9 1 (0.60%) Fidessa
9 1 (0.60%) Microsoft
9 1 (0.60%) MicroStrategy
9 1 (0.60%) TIBCO
9 1 (0.60%) Charles River
City of London
Huxley Associates
Rate: £450 - £550 per day + competitive
Posted: 8 days ago
London
Hays IT - Uk Posting account
Rate: £550 - £700 per day + Excellent & Neg
Posted: 21 days ago