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 29 July 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
29 Jul 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 520 465 503
Rank change year-on-year
-55 +38
Contract jobs citing Credit Derivative 69 98 66
As % of all contract IT jobs located in the UK 0.13% 0.19% 0.11%
As % of the Miscellaneous category 0.50% 0.73% 0.46%
Number of daily rates quoted 51 68 55
Average daily rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £450 £400 £448
10% offered a daily rate of more than £603 £625 £625
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
13781 13476 14294
As % of all contract IT jobs located in the UK 25.23% 26.35% 24.66%
Number of daily rates quoted 8358 8132 8184
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £238 £235 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 563 611 781
Average hourly rate £20.50 £22.00 £25.00
Average hourly rate % change year-on-year
-6.81% -12.00%
90% offered a hourly rate of more than £12.50 £12.42 £11.97
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £21.00 £20.50 £25.73
% change year-on-year
+2.43% -20.32%

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 29 July 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 29 July 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 -37 69 £600 +9.09% 14
London -34 68 £600 +9.09% 14
City of London -8 15 £600 +9.09% 7
County Londonderry - - - -
Northern Ireland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 29 July 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.

1 137 (92.57%) Derivative
2 92 (62.16%) Banking
3 87 (58.78%) Front Office
4 69 (46.62%) Investment Banking
5 67 (45.27%) Finance
6 60 (40.54%) SQL
7 48 (32.43%) Fixed Income
8 47 (31.76%) Oracle
9 36 (24.32%) C++
9 36 (24.32%) Foreign Exchange (FX)
10 35 (23.65%) Credit Risk
11 33 (22.30%) Analytics
11 33 (22.30%) C#
11 33 (22.30%) Risk Management
12 28 (18.92%) Java
12 28 (18.92%) XML
12 28 (18.92%) OO
13 27 (18.24%) TDD
13 27 (18.24%) Risk Analytics
13 27 (18.24%) Business Analysis
14 24 (16.22%) Back Office
15 23 (15.54%) Linux
16 22 (14.86%) Python
16 22 (14.86%) OOD
17 21 (14.19%) Oracle Database
18 20 (13.51%) .NET
19 18 (12.16%) Software Engineering
20 17 (11.49%) Market Risk
20 17 (11.49%) Django
21 16 (10.81%) Twisted

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 29 July 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 15 (10.14%) WebSphere
2 5 (3.38%) Oracle Coherence
3 3 (2.03%) GemFire
4 2 (1.35%) Oracle Workflow
5 1 (0.68%) Confluence
Applications
1 4 (2.70%) MS Excel
1 4 (2.70%) MS Visio
1 4 (2.70%) MS PowerPoint
2 1 (0.68%) MS Project
Business Applications
1 4 (2.70%) ION MarketView
2 3 (2.03%) Advent Geneva
3 1 (0.68%) Summit
Database & Business Intelligence
1 21 (14.19%) Oracle Database
2 14 (9.46%) ObjectStore
2 14 (9.46%) PostgreSQL
3 12 (8.11%) Oracle Database 10g
3 12 (8.11%) SQL Server
4 8 (5.41%) Relational Database
5 7 (4.73%) Oracle Database 11g
5 7 (4.73%) Data Warehouse
6 6 (4.05%) MS Access
7 3 (2.03%) OLAP
8 2 (1.35%) RDBMS
8 2 (1.35%) SQL Server Analysis Services
8 2 (1.35%) SQL Server 2008
8 2 (1.35%) Apache Cassandra
9 1 (0.68%) Hazelcast
9 1 (0.68%) Microsoft Analysis Services
9 1 (0.68%) SQL Server 2005
9 1 (0.68%) SQL Server Integration Services
9 1 (0.68%) Oracle OLAP
9 1 (0.68%) QlikView
Development Applications
1 7 (4.73%) JIRA
2 5 (3.38%) TeamCity
2 5 (3.38%) Visual Studio
2 5 (3.38%) CruiseControl
3 4 (2.70%) QuickTest Pro
4 3 (2.03%) Eclipse
4 3 (2.03%) IntelliJ
5 1 (0.68%) Toad
5 1 (0.68%) Git (software)
5 1 (0.68%) StyleCop
5 1 (0.68%) Jenkins
5 1 (0.68%) Subversion
General
1 92 (62.16%) Banking
2 87 (58.78%) Front Office
3 69 (46.62%) Investment Banking
4 67 (45.27%) Finance
5 24 (16.22%) Back Office
6 7 (4.73%) Publishing
7 2 (1.35%) Billing
8 1 (0.68%) Corporate Banking
8 1 (0.68%) French Language
8 1 (0.68%) German Language
8 1 (0.68%) Swedish Language
8 1 (0.68%) Financial Institution
8 1 (0.68%) Retail
8 1 (0.68%) Legal
Job Titles
1 72 (48.65%) Analyst
2 54 (36.49%) Developer
3 47 (31.76%) Business Analyst
4 20 (13.51%) C++ Developer
5 19 (12.84%) Python Developer
6 14 (9.46%) C# Developer
7 12 (8.11%) Investment Banking Business Analyst
8 10 (6.76%) Banking Business Analyst
8 10 (6.76%) C# .NET Developer
8 10 (6.76%) Support Analyst
9 9 (6.08%) Test Analyst
9 9 (6.08%) Credit Risk Analyst
10 8 (5.41%) Java Developer
10 8 (5.41%) .NET Developer
11 7 (4.73%) Author
12 6 (4.05%) Credit Risk Business Analyst
13 5 (3.38%) Tools Developer
14 4 (2.70%) Murex Support
14 4 (2.70%) Quantitative Developer
15 3 (2.03%) Credit Analyst
Libraries, Frameworks & Software Standards
1 28 (18.92%) XML
2 20 (13.51%) .NET
3 17 (11.49%) Django
4 16 (10.81%) Boost C++ Libraries
4 16 (10.81%) Twisted
5 15 (10.14%) WebSphere MQ
6 14 (9.46%) ZeroMQ
7 12 (8.11%) FpML
7 12 (8.11%) STL
7 12 (8.11%) WPF
8 9 (6.08%) WCF
8 9 (6.08%) Hibernate
8 9 (6.08%) Spring
9 8 (5.41%) HTML
9 8 (5.41%) .NET Framework
10 7 (4.73%) XML Schema
10 7 (4.73%) LINQ
10 7 (4.73%) Middleware
10 7 (4.73%) FIXML
11 6 (4.05%) RESTful
Miscellaneous
1 137 (92.57%) Derivative
2 48 (32.43%) Fixed Income
3 36 (24.32%) Foreign Exchange (FX)
4 35 (23.65%) Credit Risk
5 17 (11.49%) Market Risk
6 14 (9.46%) Equities
7 12 (8.11%) Equity Derivative
8 10 (6.76%) Interest Rate Derivative
9 7 (4.73%) Computer Science
10 6 (4.05%) Visualisation
11 4 (2.70%) Grid Computing
12 1 (0.68%) Client/Server
12 1 (0.68%) Hybrid Derivative
12 1 (0.68%) Inversion of Control
12 1 (0.68%) DTCC
12 1 (0.68%) Mathematics
12 1 (0.68%) Applied Mathematics
Operating Systems
1 23 (15.54%) Linux
2 15 (10.14%) Windows
3 14 (9.46%) UNIX
4 3 (2.03%) Oracle Linux
Processes & Methodologies
1 33 (22.30%) Risk Management
1 33 (22.30%) Analytics
2 28 (18.92%) OO
3 27 (18.24%) TDD
3 27 (18.24%) Business Analysis
3 27 (18.24%) Risk Analytics
4 22 (14.86%) OOD
5 18 (12.16%) Software Engineering
6 14 (9.46%) Electronic Trading
7 13 (8.78%) Systems Analysis
7 13 (8.78%) Agile Software Development
8 11 (7.43%) Multithreading
9 10 (6.76%) Manual Testing
9 10 (6.76%) Workflow
10 8 (5.41%) Use Case
11 7 (4.73%) User Acceptance Testing
11 7 (4.73%) Project Management
11 7 (4.73%) Dependency Management
12 6 (4.05%) Test Strategy
12 6 (4.05%) Root Cause Analysis
Programming Languages
1 60 (40.54%) SQL
2 36 (24.32%) C++
3 33 (22.30%) C#
4 28 (18.92%) Java
5 22 (14.86%) Python
6 9 (6.08%) Scala
7 7 (4.73%) PL/SQL
8 6 (4.05%) VBA
9 5 (3.38%) JavaScript
10 2 (1.35%) T-SQL
10 2 (1.35%) F#
11 1 (0.68%) MATLAB
11 1 (0.68%) XAML
11 1 (0.68%) Korn
11 1 (0.68%) PowerShell
11 1 (0.68%) C
11 1 (0.68%) Perl
Qualifications
1 9 (6.08%) Degree
2 2 (1.35%) MBA
2 2 (1.35%) CFA
Quality Assurance & Compliance
1 10 (6.76%) Basel III
2 7 (4.73%) EMIR
3 6 (4.05%) Dodd-Frank
4 5 (3.38%) QA
5 2 (1.35%) CRD IV
6 1 (0.68%) GCP
Systems Management
1 4 (2.70%) HP Quality Center
1 4 (2.70%) ITRS Geneos
Vendors
1 47 (31.76%) Oracle
2 15 (10.14%) ION Trading
3 12 (8.11%) Bloomberg
3 12 (8.11%) Tradeweb
4 10 (6.76%) DataSynapse
5 8 (5.41%) Calypso
6 7 (4.73%) CA
7 6 (4.05%) Murex
8 5 (3.38%) Sybase
9 4 (2.70%) Microsoft
9 4 (2.70%) Remedy
9 4 (2.70%) MarketAxess
10 3 (2.03%) Advent
10 3 (2.03%) Wall Street Systems
10 3 (2.03%) Sun
11 2 (1.35%) TIBCO
12 1 (0.68%) Reuters
12 1 (0.68%) HP
12 1 (0.68%) Business Objects
12 1 (0.68%) Sophis
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £550 per day
Posted: 18 hours ago
City, London
McGregor Boyall
Rate: £600 - £650 per day + depending on experience
Posted: 3 days ago
London
Adlam Consulting Ltd
Posted: 5 days ago
London
Nicoll Curtin
Rate: £600 - £650 per annum
Posted: 6 days ago