The first 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 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category.

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 Apr 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 487 398 475
Rank change year-on-year
-89 +77
Contract jobs citing Credit Derivative 101 161 110
As % of all contract IT jobs located in the UK 0.18% 0.34% 0.18%
As % of the Miscellaneous category 0.71% 1.32% 0.74%
Number of daily rates quoted 67 111 84
Average daily rate £550 £550 £550
90% offered a daily rate of more than £375 £500 £448
10% offered a daily rate of more than £625 £650 £650
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 1 0 0
Average hourly rate £30.00 - -
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14301 12230 14881
As % of all contract IT jobs located in the UK 25.38% 25.59% 24.55%
Number of daily rates quoted 8825 7369 8656
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £225 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £350 £341 £350
% change year-on-year
+2.56% -2.50%
Number of hourly rates quoted 571 628 770
Average hourly rate £20.00 £22.00 £25.00
Average hourly rate % change year-on-year
-9.09% -12.00%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £21.96 £25.00
% change year-on-year
-20.30% -12.16%

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 April 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 5 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 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
London -90 99 £550 - 16
England -95 99 £550 - 16
City of London -15 28 £550 - 5
Scotland - - - -
Glasgow - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 17 April 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.

1 161 (89.44%) Derivative
2 112 (62.22%) Front Office
3 109 (60.56%) Banking
4 86 (47.78%) Investment Banking
5 66 (36.67%) Fixed Income
6 65 (36.11%) Finance
7 63 (35.00%) SQL
8 47 (26.11%) C#
9 46 (25.56%) Java
10 43 (23.89%) Oracle
11 42 (23.33%) Credit Risk
12 38 (21.11%) Foreign Exchange (FX)
13 34 (18.89%) Analytics
14 33 (18.33%) Risk Management
15 29 (16.11%) Scala
16 27 (15.00%) Business Analysis
17 26 (14.44%) TDD
17 26 (14.44%) WPF
17 26 (14.44%) C++
18 23 (12.78%) Back Office
18 23 (12.78%) Market Risk
18 23 (12.78%) Multithreading
19 22 (12.22%) XML
20 20 (11.11%) ION Trading
20 20 (11.11%) Equity Derivative
20 20 (11.11%) Risk Analytics
20 20 (11.11%) Oracle Database
21 19 (10.56%) Equities
21 19 (10.56%) OO
22 18 (10.00%) .NET

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 17 April 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 11 (6.11%) Oracle Workflow
2 5 (2.78%) GemFire
3 4 (2.22%) Oracle Coherence
4 3 (1.67%) TIBCO EMS
5 1 (0.56%) MQSeries
5 1 (0.56%) WebSphere
5 1 (0.56%) Confluence
5 1 (0.56%) TIBCO ActiveMatrix
Applications
1 13 (7.22%) MS PowerPoint
2 12 (6.67%) MS Visio
3 6 (3.33%) MS Excel
4 1 (0.56%) Spreadsheet
Business Applications
1 4 (2.22%) ION MarketView
2 3 (1.67%) Advent Geneva
2 3 (1.67%) Summit
3 1 (0.56%) SunGard Panorama
3 1 (0.56%) FLEXCUBE
3 1 (0.56%) RMDS
3 1 (0.56%) Monis
3 1 (0.56%) Kondor+
3 1 (0.56%) Finacle
Communications & Networking
1 1 (0.56%) TCP/IP
Database & Business Intelligence
1 20 (11.11%) Oracle Database
2 17 (9.44%) SQL Server
3 9 (5.00%) Oracle Database 10g
3 9 (5.00%) Relational Database
4 8 (4.44%) Data Warehouse
5 5 (2.78%) Oracle Reports
6 4 (2.22%) Oracle Database 11g
7 3 (1.67%) SQL Server Analysis Services
7 3 (1.67%) Apache Cassandra
7 3 (1.67%) MS Access
7 3 (1.67%) RDBMS
7 3 (1.67%) Hazelcast
8 2 (1.11%) OLAP
8 2 (1.11%) Redis
9 1 (0.56%) SQL Server 2008
9 1 (0.56%) SQLPlus
9 1 (0.56%) Microsoft Analysis Services
9 1 (0.56%) JasperReports
9 1 (0.56%) SQL Server Integration Services
9 1 (0.56%) Oracle OLAP
Development Applications
1 11 (6.11%) TeamCity
2 6 (3.33%) Visual Studio
2 6 (3.33%) CruiseControl
2 6 (3.33%) JIRA
3 4 (2.22%) QuickTest Pro
4 3 (1.67%) JUnit
5 2 (1.11%) Jenkins
6 1 (0.56%) ReSharper
6 1 (0.56%) Ant
6 1 (0.56%) Eclipse
6 1 (0.56%) Toad
6 1 (0.56%) FxCop
6 1 (0.56%) CodeRush
6 1 (0.56%) Gradle
General
1 112 (62.22%) Front Office
2 109 (60.56%) Banking
3 86 (47.78%) Investment Banking
4 65 (36.11%) Finance
5 23 (12.78%) Back Office
6 6 (3.33%) Financial Institution
6 6 (3.33%) Billing
7 5 (2.78%) Publishing
8 3 (1.67%) International Banking
8 3 (1.67%) French Language
9 2 (1.11%) Legal
10 1 (0.56%) Games
10 1 (0.56%) Retail
10 1 (0.56%) German Language
10 1 (0.56%) Swedish Language
10 1 (0.56%) Corporate Banking
Job Titles
1 77 (42.78%) Developer
2 68 (37.78%) Analyst
3 45 (25.00%) Business Analyst
4 21 (11.67%) C# Developer
5 17 (9.44%) Java Developer
6 15 (8.33%) Investment Banking Business Analyst
7 12 (6.67%) WPF Developer
8 11 (6.11%) Scala Developer
9 10 (5.56%) Support Analyst
9 10 (5.56%) Senior Developer
10 9 (5.00%) Credit Risk Analyst
11 8 (4.44%) Test Analyst
12 7 (3.89%) Front Office Developer
12 7 (3.89%) C++ Developer
12 7 (3.89%) RAD Developer
12 7 (3.89%) Excel Developer
12 7 (3.89%) Banking Business Analyst
12 7 (3.89%) C# .NET Developer
13 6 (3.33%) Credit Risk Business Analyst
13 6 (3.33%) Applications Support
Libraries, Frameworks & Software Standards
1 26 (14.44%) WPF
2 22 (12.22%) XML
3 18 (10.00%) .NET
4 15 (8.33%) HTML
5 14 (7.78%) Middleware
6 10 (5.56%) FpML
7 9 (5.00%) WCF
8 8 (4.44%) Akka
9 6 (3.33%) HTML5
9 6 (3.33%) MSMQ
10 5 (2.78%) XML Schema
10 5 (2.78%) FIXML
10 5 (2.78%) RESTful
10 5 (2.78%) .NET Framework
11 4 (2.22%) WinForms
12 3 (1.67%) Spring
12 3 (1.67%) Hibernate
12 3 (1.67%) LINQ
12 3 (1.67%) Rendezvous
13 2 (1.11%) Web Services
Miscellaneous
1 161 (89.44%) Derivative
2 66 (36.67%) Fixed Income
3 42 (23.33%) Credit Risk
4 38 (21.11%) Foreign Exchange (FX)
5 23 (12.78%) Market Risk
6 20 (11.11%) Equity Derivative
7 19 (10.56%) Equities
8 15 (8.33%) Computer Science
9 7 (3.89%) Interest Rate Derivative
10 6 (3.33%) Visualisation
11 4 (2.22%) Grid Computing
11 4 (2.22%) Mathematics
11 4 (2.22%) Reference Data
12 2 (1.11%) Applied Mathematics
12 2 (1.11%) Physics
13 1 (0.56%) Statistics
13 1 (0.56%) Data Integration
13 1 (0.56%) Client/Server
13 1 (0.56%) Hybrid Derivative
13 1 (0.56%) Inversion of Control
Operating Systems
1 16 (8.89%) UNIX
2 11 (6.11%) Linux
3 4 (2.22%) Windows
Processes & Methodologies
1 34 (18.89%) Analytics
2 33 (18.33%) Risk Management
3 27 (15.00%) Business Analysis
4 26 (14.44%) TDD
5 23 (12.78%) Multithreading
6 20 (11.11%) Risk Analytics
7 19 (10.56%) OO
8 18 (10.00%) Electronic Trading
9 16 (8.89%) Systems Analysis
9 16 (8.89%) Workflow
10 15 (8.33%) Use Case
11 11 (6.11%) Algorithmic Trading
11 11 (6.11%) Agile Software Development
11 11 (6.11%) Project Management
12 9 (5.00%) RAD
13 8 (4.44%) User Acceptance Testing
13 8 (4.44%) Manual Testing
13 8 (4.44%) Continuous Integration
13 8 (4.44%) Performance Tuning
14 7 (3.89%) Data Modelling
Programming Languages
1 63 (35.00%) SQL
2 47 (26.11%) C#
3 46 (25.56%) Java
4 29 (16.11%) Scala
5 26 (14.44%) C++
6 17 (9.44%) Python
7 11 (6.11%) VBA
8 7 (3.89%) PL/SQL
9 6 (3.33%) JavaScript
10 5 (2.78%) Perl
11 3 (1.67%) F#
12 2 (1.11%) T-SQL
13 1 (0.56%) C
13 1 (0.56%) MATLAB
13 1 (0.56%) Korn
13 1 (0.56%) PowerShell
Qualifications
1 17 (9.44%) Degree
2 2 (1.11%) MBA
2 2 (1.11%) CFA
Quality Assurance & Compliance
1 16 (8.89%) EMIR
2 14 (7.78%) Dodd-Frank
3 10 (5.56%) Basel III
4 6 (3.33%) QA
5 5 (2.78%) COREP
5 5 (2.78%) FINREP
5 5 (2.78%) CRD IV
6 1 (0.56%) GCP
6 1 (0.56%) Basel II
Systems Management
1 4 (2.22%) HP Quality Center
2 1 (0.56%) MOM
Vendors
1 43 (23.89%) Oracle
2 20 (11.11%) ION Trading
3 18 (10.00%) Bloomberg
4 15 (8.33%) Sybase
5 12 (6.67%) Tradeweb
6 9 (5.00%) DataSynapse
7 8 (4.44%) TIBCO
8 7 (3.89%) Microsoft
9 5 (2.78%) Calypso
10 4 (2.22%) Murex
10 4 (2.22%) Remedy
10 4 (2.22%) MarketAxess
11 3 (1.67%) Advent
11 3 (1.67%) Wall Street Systems
11 3 (1.67%) 29West
11 3 (1.67%) Reuters
11 3 (1.67%) Sun
12 2 (1.11%) CA
13 1 (0.56%) SunGard
13 1 (0.56%) HP
London
Hays IT - Uk Posting account
Rate: £650 - £850 per day + Excellent & Neg
Posted: 24 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £520 - £560 per day
Posted: 27 days ago