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 30 March 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 Mar 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 530 475 394
Rank change year-on-year
-55 -81
Contract jobs citing Credit Derivative 48 100 151
As % of all contract IT jobs located in the UK 0.089% 0.19% 0.33%
As % of the Miscellaneous category 0.29% 0.61% 1.07%
Number of daily rates quoted 39 67 112
Average 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 £525 £375 £501
10% offered a daily rate of more than £725 £625 £650
UK excluding London average daily rate £400 £375 -
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 1 0
Average hourly rate - £30.00 -
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
16273 16270 14081
As % of all contract IT jobs located in the UK 30.07% 31.04% 30.73%
Number of daily rates quoted 9961 10002 8471
Average daily rate £425 £410 £425
Average daily rate % change year-on-year
+3.65% -3.52%
90% offered a daily rate of more than £250 £238 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 648 635 724
Average hourly rate £19.00 £19.00 £23.00
Average hourly rate % change year-on-year
- -17.39%
90% offered a hourly rate of more than £11.52 £11.50 £11.71
10% offered a hourly rate of more than £45.00 £42.50 £42.50
UK excluding London average hourly rate £19.00 £17.50 £23.00
% change year-on-year
+8.57% -23.91%

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 30 March 2015.

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 4 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 30 March 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
London -47 46 £550 - 5
England -69 46 £550 - 5
City of London -2 8 £600 +9.09% 1
Docklands, London - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 30 March 2015, 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.

1 121 (98.37%) Derivative
2 101 (82.11%) Front Office
3 64 (52.03%) Finance
4 59 (47.97%) Banking
5 55 (44.72%) Foreign Exchange (FX)
6 47 (38.21%) Investment Banking
7 46 (37.40%) Java
8 42 (34.15%) SQL
9 40 (32.52%) XML
10 38 (30.89%) Fixed Income
11 34 (27.64%) C#
12 31 (25.20%) Agile Software Development
13 30 (24.39%) Interest Rate Derivative
14 29 (23.58%) Equity Derivative
15 24 (19.51%) Multithreading
16 23 (18.70%) Analytics
17 22 (17.89%) Business Analysis
17 22 (17.89%) OO
18 21 (17.07%) Data Modelling
19 19 (15.45%) FpML
19 19 (15.45%) WPF
19 19 (15.45%) Tradeweb
20 18 (14.63%) Data Architecture
21 17 (13.82%) Relational Database
21 17 (13.82%) UNIX
21 17 (13.82%) UML
22 16 (13.01%) Financial Institution
22 16 (13.01%) Workflow
22 16 (13.01%) Low Latency
23 15 (12.20%) Risk Management

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 30 March 2015, 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 2 (1.63%) Oracle Workflow
1 2 (1.63%) Confluence
2 1 (0.81%) Apache Spark
2 1 (0.81%) Oracle Coherence
Applications
1 2 (1.63%) MS Office
2 1 (0.81%) MS Excel
2 1 (0.81%) Spreadsheet
Business Applications
1 1 (0.81%) Oracle EBS
1 1 (0.81%) Summit
1 1 (0.81%) RMDS
Database & Business Intelligence
1 17 (13.82%) Relational Database
2 11 (8.94%) RDBMS
3 9 (7.32%) SQL Server
3 9 (7.32%) Hadoop
4 8 (6.50%) HBase
5 6 (4.88%) Apache Hive
6 4 (3.25%) DB2
7 3 (2.44%) Big Data
7 3 (2.44%) Oracle Database
7 3 (2.44%) Impala
8 2 (1.63%) Data Warehouse
8 2 (1.63%) SQL Server 2008
8 2 (1.63%) SQL Server 2005
9 1 (0.81%) SQL Server Integration Services
9 1 (0.81%) QlikView
9 1 (0.81%) BusinessObjects XI
9 1 (0.81%) SQL Server Analysis Services
9 1 (0.81%) OLAP
9 1 (0.81%) SQL Server Reporting Services
Development Applications
1 5 (4.07%) JIRA
2 4 (3.25%) Subversion
2 4 (3.25%) Maven
2 4 (3.25%) Git (software)
3 2 (1.63%) TeamCity
4 1 (0.81%) FxCop
4 1 (0.81%) StyleCop
4 1 (0.81%) Jenkins
4 1 (0.81%) Visual Studio
General
1 101 (82.11%) Front Office
2 64 (52.03%) Finance
3 59 (47.97%) Banking
4 47 (38.21%) Investment Banking
5 16 (13.01%) Financial Institution
6 15 (12.20%) Back Office
7 4 (3.25%) French Language
8 2 (1.63%) Legal
Job Titles
1 53 (43.09%) Developer
2 48 (39.02%) Analyst
3 35 (28.46%) Business Analyst
4 30 (24.39%) Java Developer
5 14 (11.38%) C# Developer
6 13 (10.57%) Data Modeller
7 12 (9.76%) Investment Banking Business Analyst
7 12 (9.76%) Support Analyst
8 6 (4.88%) Applications Support
8 6 (4.88%) Banking Business Analyst
9 4 (3.25%) Applications Support Analyst
9 4 (3.25%) .NET Developer
10 3 (2.44%) Architect
10 3 (2.44%) Data Architect
10 3 (2.44%) Senior Developer
10 3 (2.44%) Senior Java Developer
10 3 (2.44%) C# .NET Developer
11 2 (1.63%) WPF Developer
11 2 (1.63%) Scala Developer
11 2 (1.63%) Hadoop Developer
Libraries, Frameworks & Software Standards
1 40 (32.52%) XML
2 19 (15.45%) FpML
2 19 (15.45%) WPF
3 15 (12.20%) .NET
4 11 (8.94%) FIX Protocol
5 8 (6.50%) JMS
6 6 (4.88%) Apache Camel
7 5 (4.07%) Middleware
8 4 (3.25%) Swing
8 4 (3.25%) WinForms
8 4 (3.25%) WCF
9 3 (2.44%) REST
9 3 (2.44%) Reactive Extensions
9 3 (2.44%) Akka
10 2 (1.63%) SOAP
11 1 (0.81%) Web Services
11 1 (0.81%) HTML
11 1 (0.81%) MAPI
11 1 (0.81%) .NET Framework
11 1 (0.81%) JSON
Miscellaneous
1 121 (98.37%) Derivative
2 55 (44.72%) Foreign Exchange (FX)
3 38 (30.89%) Fixed Income
4 30 (24.39%) Interest Rate Derivative
5 29 (23.58%) Equity Derivative
6 11 (8.94%) Equities
7 9 (7.32%) Data Structures
8 7 (5.69%) Computer Science
9 6 (4.88%) Algorithms
10 5 (4.07%) Analytical Skills
11 4 (3.25%) SWIFT
11 4 (3.25%) Credit Risk
11 4 (3.25%) Mathematics
12 2 (1.63%) Management Information System
12 2 (1.63%) Market Risk
12 2 (1.63%) Reference Data
12 2 (1.63%) CUDA
13 1 (0.81%) N-Tier
13 1 (0.81%) Swaptions
13 1 (0.81%) Inversion of Control
Operating Systems
1 17 (13.82%) UNIX
2 7 (5.69%) Linux
3 3 (2.44%) Windows
4 1 (0.81%) Windows 2000
4 1 (0.81%) Windows NT
4 1 (0.81%) Windows XP
Processes & Methodologies
1 31 (25.20%) Agile Software Development
2 24 (19.51%) Multithreading
3 23 (18.70%) Analytics
4 22 (17.89%) Business Analysis
4 22 (17.89%) OO
5 21 (17.07%) Data Modelling
6 18 (14.63%) Data Architecture
7 17 (13.82%) UML
8 16 (13.01%) Workflow
8 16 (13.01%) Low Latency
9 15 (12.20%) TDD
9 15 (12.20%) Risk Management
10 10 (8.13%) Electronic Trading
10 10 (8.13%) Greeks
11 7 (5.69%) BDD
11 7 (5.69%) Ultra-Low Latency
11 7 (5.69%) Functional Programming
12 6 (4.88%) Systems Analysis
13 5 (4.07%) Logical Data Model
13 5 (4.07%) User Acceptance Testing
Programming Languages
1 46 (37.40%) Java
2 42 (34.15%) SQL
3 34 (27.64%) C#
4 14 (11.38%) C++
5 8 (6.50%) Perl
6 7 (5.69%) Python
7 6 (4.88%) Clojure
8 5 (4.07%) VBA
9 3 (2.44%) C
9 3 (2.44%) Scala
10 2 (1.63%) PL/SQL
11 1 (0.81%) XAML
Qualifications
1 5 (4.07%) Degree
2 1 (0.81%) Postgraduate
Quality Assurance & Compliance
1 3 (2.44%) Dodd-Frank
2 2 (1.63%) QA
3 1 (0.81%) Basel III
3 1 (0.81%) Basel II
System Software
1 3 (2.44%) Apache Flume
2 1 (0.81%) HDFS
Systems Management
1 10 (8.13%) ITRS Geneos
2 2 (1.63%) Control-M
2 2 (1.63%) Nagios
2 2 (1.63%) Oozie
Vendors
1 19 (15.45%) Tradeweb
2 12 (9.76%) Bloomberg
3 10 (8.13%) Murex
3 10 (8.13%) MarketAxess
4 7 (5.69%) Oracle
4 7 (5.69%) TIBCO
5 6 (4.88%) Sybase
6 5 (4.07%) DevExpress
7 3 (2.44%) Microsoft
7 3 (2.44%) Syncfusion
7 3 (2.44%) ION Trading
8 1 (0.81%) DataSynapse
8 1 (0.81%) Calypso
8 1 (0.81%) 29West
8 1 (0.81%) Currenex
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Posted: 16 hours ago
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Rate: £0.00 per annum
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