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 contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 26 July 2016 with a comparison to the same period over 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.

3 months to
26 Jul 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 627 595 543
Rank change year-on-year
-32 -52
Contract jobs citing Credit Derivative 23 50 64
As % of all contract IT jobs located in the UK 0.043% 0.088% 0.12%
As % of the Miscellaneous category 0.13% 0.27% 0.37%
Number of daily rates quoted 19 39 45
Median daily rate £625 £575 £600
Median daily rate % change year-on-year
+8.69% -4.16%
UK excluding London median daily rate - £550 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
18111 18401 17465
As % of all contract IT jobs located in the UK 33.54% 32.31% 32.40%
Number of daily rates quoted 11705 11540 10568
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £612 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 632 722 697
Median hourly rate £20.83 £18.50 £20.00
Median hourly rate % change year-on-year
+12.59% -7.50%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £46.00 £47.35 £45.00
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%

Credit Derivative
Jobs Demand Trend

The demand trend of contract jobs citing Credit Derivative as a proportion of all IT contracts with a match in 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 26 July 2016.

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 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the UK over the 3 months to 26 July 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -26 23 £625 +8.69% 3
England -38 23 £625 +8.69% 3
City of London +33 5 £630 +9.56% 2

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 26 July 2016, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Credit Derivative.

1 94 (100.00%) Derivative
2 56 (59.57%) Finance
3 51 (54.26%) Risk Management
4 48 (51.06%) Front Office
5 46 (48.94%) Fixed Income
6 38 (40.43%) Foreign Exchange (FX)
7 30 (31.91%) Credit Risk
8 26 (27.66%) Java
8 26 (27.66%) Murex
9 24 (25.53%) C#
10 23 (24.47%) Banking
11 20 (21.28%) Spring
11 20 (21.28%) Calypso
12 19 (20.21%) C++
12 19 (20.21%) Spring Integration
13 18 (19.15%) SQL
13 18 (19.15%) ION Trading
14 17 (18.09%) Investment Banking
14 17 (18.09%) HTML
14 17 (18.09%) Bloomberg
14 17 (18.09%) AngularJS
14 17 (18.09%) Market Risk
15 16 (17.02%) Multithreading
15 16 (17.02%) OO
15 16 (17.02%) Migration
16 14 (14.89%) Data Analysis
16 14 (14.89%) SDLC
17 12 (12.77%) Agile Software Development
17 12 (12.77%) TDD
17 12 (12.77%) Quantitative Finance

Credit Derivative
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (3.19%) Tomcat
1 3 (3.19%) WebSphere
2 2 (2.13%) Oracle Coherence
Applications
1 3 (3.19%) Spreadsheet
2 1 (1.06%) MS Excel
Business Applications
1 8 (8.51%) ION MarketView
2 4 (4.26%) Front Arena
Communications & Networking
1 1 (1.06%) NAS
1 1 (1.06%) SAN
Database & Business Intelligence
1 8 (8.51%) SQL Server
2 7 (7.45%) SQL Server Analysis Services
3 4 (4.26%) Relational Database
4 3 (3.19%) Data Warehouse
4 3 (3.19%) Hadoop
4 3 (3.19%) ObjectStore
4 3 (3.19%) PostgreSQL
5 2 (2.13%) Star Schema
6 1 (1.06%) Oracle Database
6 1 (1.06%) RDBMS
Development Applications
1 2 (2.13%) PowerDesigner
2 1 (1.06%) Bower
2 1 (1.06%) Maven
2 1 (1.06%) Yeoman
General
1 56 (59.57%) Finance
2 48 (51.06%) Front Office
3 23 (24.47%) Banking
4 17 (18.09%) Investment Banking
5 2 (2.13%) Back Office
6 1 (1.06%) Financial Institution
6 1 (1.06%) French Language
Job Titles
1 42 (44.68%) Developer
2 38 (40.43%) Analyst
3 31 (32.98%) Business Analyst
4 23 (24.47%) Credit Analyst
5 21 (22.34%) Java Developer
6 14 (14.89%) Risk Analyst
7 13 (13.83%) Murex Analyst
7 13 (13.83%) Murex Business Analyst
7 13 (13.83%) Senior Developer
8 12 (12.77%) Risk Business Analyst
9 11 (11.70%) Credit Risk Manager
9 11 (11.70%) Risk Manager
9 11 (11.70%) Senior Java Developer
10 10 (10.64%) Angular Developer
10 10 (10.64%) Credit Risk Analyst
10 10 (10.64%) Credit Risk Business Analyst
10 10 (10.64%) Front Office Business Analyst
10 10 (10.64%) Technical Analyst
10 10 (10.64%) Technical Business Analyst
11 8 (8.51%) C++ Developer
Libraries, Frameworks & Software Standards
1 20 (21.28%) Spring
2 19 (20.21%) Spring Integration
3 17 (18.09%) AngularJS
3 17 (18.09%) HTML
4 12 (12.77%) HTML5
5 6 (6.38%) Web Services
5 6 (6.38%) XML
6 5 (5.32%) CSS
6 5 (5.32%) Dropwizard
6 5 (5.32%) React
6 5 (5.32%) Twitter Bootstrap
7 3 (3.19%) .NET
7 3 (3.19%) Boost C++ Libraries
7 3 (3.19%) Django
7 3 (3.19%) STL
7 3 (3.19%) Twisted
7 3 (3.19%) WebSphere MQ
7 3 (3.19%) ZeroMQ
8 1 (1.06%) Hibernate
8 1 (1.06%) JMS
Miscellaneous
1 94 (100.00%) Derivative
2 46 (48.94%) Fixed Income
3 38 (40.43%) Foreign Exchange (FX)
4 30 (31.91%) Credit Risk
5 17 (18.09%) Market Risk
6 11 (11.70%) Mathematics
7 7 (7.45%) Grid Computing
8 5 (5.32%) Analytical Skills
8 5 (5.32%) Statistics
9 3 (3.19%) Algorithms
9 3 (3.19%) Equities
9 3 (3.19%) Equity Derivative
9 3 (3.19%) Interest Rate Derivative
10 2 (2.13%) Data Structures
Operating Systems
1 4 (4.26%) Linux
1 4 (4.26%) Windows
2 2 (2.13%) Unix
3 1 (1.06%) Solaris
Processes & Methodologies
1 51 (54.26%) Risk Management
2 16 (17.02%) Migration
2 16 (17.02%) Multithreading
2 16 (17.02%) OO
3 14 (14.89%) Data Analysis
3 14 (14.89%) SDLC
4 12 (12.77%) Agile Software Development
4 12 (12.77%) Monte Carlo Method
4 12 (12.77%) Quantitative Finance
4 12 (12.77%) TDD
5 11 (11.70%) Event-Driven Architecture
6 10 (10.64%) Collateral Management
6 10 (10.64%) Scrum
6 10 (10.64%) Stakeholder Management
6 10 (10.64%) User Acceptance Testing
7 8 (8.51%) Translating Business Requirements
8 7 (7.45%) Risk Assessment
8 7 (7.45%) Validation
9 6 (6.38%) OOD
9 6 (6.38%) Requirements Analysis
Programming Languages
1 26 (27.66%) Java
2 24 (25.53%) C#
3 19 (20.21%) C++
4 18 (19.15%) SQL
5 10 (10.64%) Python
6 4 (4.26%) Perl
7 2 (2.13%) IronPython
7 2 (2.13%) PL/SQL
7 2 (2.13%) Tcl
7 2 (2.13%) T-SQL
7 2 (2.13%) VBA
Qualifications
1 11 (11.70%) PhD
2 1 (1.06%) Degree
Quality Assurance & Compliance
1 9 (9.57%) QA
2 3 (3.19%) MiFID
3 1 (1.06%) SLA
System Software
1 1 (1.06%) Veritas Cluster Server
Systems Management
1 1 (1.06%) BMC PATROL
1 1 (1.06%) ITRS Geneos
1 1 (1.06%) Nagios
1 1 (1.06%) Tivoli
Vendors
1 26 (27.66%) Murex
2 20 (21.28%) Calypso
3 18 (19.15%) ION Trading
4 17 (18.09%) Bloomberg
5 10 (10.64%) Oracle
6 5 (5.32%) Sencha
7 1 (1.06%) FactSet
7 1 (1.06%) Sophis
7 1 (1.06%) Sun
7 1 (1.06%) Veritas
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 9 hours ago