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 24 December 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
24 Dec 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 521 472 484
Rank change year-on-year
-49 +12
Contract jobs citing Credit Derivative 71 98 77
As % of all contract IT jobs located in the UK 0.13% 0.19% 0.16%
As % of the Miscellaneous category 0.43% 0.62% 0.53%
Number of daily rates quoted 57 71 64
Average daily rate
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of your Daily Rate
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£575 £575 £558
Average daily rate % change year-on-year
- +3.04%
90% offered a daily rate of more than £450 £450 £504
10% offered a daily rate of more than £625 £650 £700
UK excluding London average daily rate - £388 -
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
16471 15885 14405
As % of all contract IT jobs located in the UK 30.37% 31.03% 29.56%
Number of daily rates quoted 10634 9829 8499
Average daily rate £415 £400 £400
Average daily rate % change year-on-year
+3.75% -
90% offered a daily rate of more than £242 £230 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 629 681 815
Average hourly rate £17.50 £21.00 £20.00
Average hourly rate % change year-on-year
-16.66% +5.00%
90% offered a hourly rate of more than £11.00 £11.50 £11.75
10% offered a hourly rate of more than £42.50 £41.50 £42.50
UK excluding London average hourly rate £17.50 £19.00 £19.94
% change year-on-year
-7.89% -4.71%

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 24 December 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 24 December 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
London -10 71 £575 - 6
England -55 71 £575 - 6
City of London -8 20 £605 +0.83% 2
West Midlands - - - -
Birmingham - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 24 December 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.

1 180 (100.00%) Derivative
2 118 (65.56%) Front Office
3 96 (53.33%) Banking
4 83 (46.11%) Investment Banking
5 78 (43.33%) SQL
6 74 (41.11%) Finance
7 67 (37.22%) Fixed Income
8 59 (32.78%) Java
9 52 (28.89%) Foreign Exchange (FX)
10 47 (26.11%) Oracle
11 44 (24.44%) Agile Software Development
12 43 (23.89%) C#
13 39 (21.67%) UNIX
14 38 (21.11%) XML
15 37 (20.56%) Analytics
16 36 (20.00%) Risk Management
17 31 (17.22%) Analytical Skills
17 31 (17.22%) Credit Risk
18 29 (16.11%) Business Analysis
19 28 (15.56%) TDD
19 28 (15.56%) Linux
20 26 (14.44%) OO
21 25 (13.89%) C++
21 25 (13.89%) Data Structures
22 23 (12.78%) Equity Derivative
23 21 (11.67%) Interest Rate Derivative
23 21 (11.67%) Back Office
24 20 (11.11%) Electronic Trading
25 19 (10.56%) Risk Analytics
25 19 (10.56%) Oracle Database

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 24 December 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 7 (3.89%) WebSphere
2 5 (2.78%) Oracle Coherence
3 2 (1.11%) Confluence
4 1 (0.56%) Apache Spark
Applications
1 1 (0.56%) MS Project
1 1 (0.56%) MS Excel
1 1 (0.56%) Spreadsheet
Business Applications
1 3 (1.67%) ION MarketView
2 1 (0.56%) Oracle EBS
2 1 (0.56%) Global One
2 1 (0.56%) Tesseract
2 1 (0.56%) Minerva
2 1 (0.56%) Sentinel
Communications & Networking
1 1 (0.56%) TCP/IP
1 1 (0.56%) DNS
1 1 (0.56%) Wireshark
1 1 (0.56%) tcpdump
Database & Business Intelligence
1 19 (10.56%) Oracle Database
2 11 (6.11%) Relational Database
3 7 (3.89%) ObjectStore
3 7 (3.89%) PostgreSQL
4 6 (3.33%) SQL Server
5 4 (2.22%) DB2
5 4 (2.22%) RDBMS
6 2 (1.11%) Oracle Database 10g
6 2 (1.11%) SQL Server 2005
6 2 (1.11%) Oracle Database 11g
6 2 (1.11%) Data Warehouse
6 2 (1.11%) SQL Server 2008
6 2 (1.11%) Hadoop
6 2 (1.11%) HBase
7 1 (0.56%) Big Data
7 1 (0.56%) Apache Hive
7 1 (0.56%) Impala
7 1 (0.56%) BusinessObjects XI
7 1 (0.56%) SQL Server Analysis Services
7 1 (0.56%) QlikView
Development Applications
1 4 (2.22%) Maven
1 4 (2.22%) Eclipse
1 4 (2.22%) IntelliJ
2 3 (1.67%) Subversion
2 3 (1.67%) JIRA
3 2 (1.11%) TeamCity
4 1 (0.56%) Git (software)
General
1 118 (65.56%) Front Office
2 96 (53.33%) Banking
3 83 (46.11%) Investment Banking
4 74 (41.11%) Finance
5 21 (11.67%) Back Office
6 9 (5.00%) Financial Institution
7 3 (1.67%) French Language
8 2 (1.11%) Legal
9 1 (0.56%) Games
Job Titles
1 94 (52.22%) Analyst
2 65 (36.11%) Developer
3 49 (27.22%) Business Analyst
4 40 (22.22%) Java Developer
5 17 (9.44%) Support Analyst
6 15 (8.33%) Test Analyst
7 14 (7.78%) Investment Banking Business Analyst
8 12 (6.67%) Credit Risk Analyst
9 11 (6.11%) C# Developer
10 10 (5.56%) Data Modeller
11 9 (5.00%) Applications Support
11 9 (5.00%) Python Developer
12 8 (4.44%) Risk Analyst
12 8 (4.44%) Banking Business Analyst
12 8 (4.44%) C++ Developer
13 6 (3.33%) .NET Developer
13 6 (3.33%) Lead Test Analyst
14 5 (2.78%) Test Leader
14 5 (2.78%) C# .NET Developer
14 5 (2.78%) Credit Analyst
Libraries, Frameworks & Software Standards
1 38 (21.11%) XML
2 15 (8.33%) WPF
3 14 (7.78%) FIX Protocol
3 14 (7.78%) .NET
4 13 (7.22%) Hibernate
4 13 (7.22%) Spring
5 10 (5.56%) Middleware
6 9 (5.00%) FpML
7 8 (4.44%) Boost C++ Libraries
8 7 (3.89%) Django
8 7 (3.89%) ZeroMQ
8 7 (3.89%) Twisted
8 7 (3.89%) WebSphere MQ
9 6 (3.33%) Swing
9 6 (3.33%) JMS
10 4 (2.22%) WCF
11 3 (1.67%) REST
11 3 (1.67%) STL
11 3 (1.67%) WinForms
12 2 (1.11%) .NET Framework
Miscellaneous
1 180 (100.00%) Derivative
2 67 (37.22%) Fixed Income
3 52 (28.89%) Foreign Exchange (FX)
4 31 (17.22%) Credit Risk
4 31 (17.22%) Analytical Skills
5 25 (13.89%) Data Structures
6 23 (12.78%) Equity Derivative
7 21 (11.67%) Interest Rate Derivative
8 18 (10.00%) Equities
9 7 (3.89%) Mathematics
10 6 (3.33%) Computer Science
11 5 (2.78%) Market Risk
11 5 (2.78%) Grid Computing
12 4 (2.22%) Reference Data
13 3 (1.67%) SWIFT
13 3 (1.67%) Algorithms
14 2 (1.11%) Management Information System
15 1 (0.56%) Replication
15 1 (0.56%) N-Tier
15 1 (0.56%) Swaptions
Operating Systems
1 39 (21.67%) UNIX
2 28 (15.56%) Linux
3 9 (5.00%) Windows
4 8 (4.44%) Oracle Linux
5 1 (0.56%) Windows 2000
5 1 (0.56%) Windows NT
5 1 (0.56%) Windows XP
Processes & Methodologies
1 44 (24.44%) Agile Software Development
2 37 (20.56%) Analytics
3 36 (20.00%) Risk Management
4 29 (16.11%) Business Analysis
5 28 (15.56%) TDD
6 26 (14.44%) OO
7 20 (11.11%) Electronic Trading
8 19 (10.56%) Risk Analytics
9 18 (10.00%) Manual Testing
10 17 (9.44%) Automated Testing
11 15 (8.33%) Systems Analysis
12 14 (7.78%) Test Automation
13 13 (7.22%) Multithreading
13 13 (7.22%) ETL
14 12 (6.67%) UML
14 12 (6.67%) Data Modelling
15 11 (6.11%) OOD
15 11 (6.11%) Data Architecture
15 11 (6.11%) Low Latency
16 10 (5.56%) Test Strategy
Programming Languages
1 78 (43.33%) SQL
2 59 (32.78%) Java
3 43 (23.89%) C#
4 25 (13.89%) C++
5 14 (7.78%) Python
6 9 (5.00%) Perl
7 3 (1.67%) PL/SQL
7 3 (1.67%) VBA
7 3 (1.67%) C
8 1 (0.56%) XAML
8 1 (0.56%) Scala
8 1 (0.56%) Clojure
Qualifications
1 6 (3.33%) Degree
2 1 (0.56%) Postgraduate
Quality Assurance & Compliance
1 13 (7.22%) Basel III
2 5 (2.78%) Dodd-Frank
3 4 (2.22%) EMIR
4 3 (1.67%) QA
5 2 (1.11%) MiFID
6 1 (0.56%) Data Quality
6 1 (0.56%) CRD IV
6 1 (0.56%) COREP
System Software
1 1 (0.56%) Apache Flume
Systems Management
1 13 (7.22%) ITRS Geneos
2 2 (1.11%) Control-M
2 2 (1.11%) Nagios
3 1 (0.56%) HP Quality Center
Vendors
1 47 (26.11%) Oracle
2 17 (9.44%) Tradeweb
3 14 (7.78%) Bloomberg
4 9 (5.00%) MarketAxess
5 6 (3.33%) TIBCO
5 6 (3.33%) Murex
6 5 (2.78%) ION Trading
7 4 (2.22%) DataSynapse
8 3 (1.67%) Sybase
9 2 (1.11%) CA
9 2 (1.11%) Syncfusion
9 2 (1.11%) Reuters
10 1 (0.56%) Charles River
10 1 (0.56%) thinkFolio
10 1 (0.56%) MicroStrategy
10 1 (0.56%) Fidessa
10 1 (0.56%) Business Objects
10 1 (0.56%) Microsoft
10 1 (0.56%) DevExpress
10 1 (0.56%) 29West
London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 5 days ago
London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 5 days ago
City of London
Huxley Banking & Financial Services
Rate: £500 - £600 per day
Posted: 22 days ago