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 26 January 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
26 Jan 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 513 471 447
Rank change year-on-year
-42 -24
Contract jobs citing Credit Derivative 64 90 80
As % of all contract IT jobs located in the UK 0.13% 0.18% 0.18%
As % of the Miscellaneous category 0.42% 0.60% 0.59%
Number of daily rates quoted 56 60 69
Average daily rate
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of your Daily Rate
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£600 £600 £558
Average daily rate % change year-on-year
- +7.52%
90% offered a daily rate of more than £505 £500 £499
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £505 - -
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
15183 14896 13614
As % of all contract IT jobs located in the UK 29.91% 30.60% 29.97%
Number of daily rates quoted 9578 9211 8157
Average daily rate £420 £401 £400
Average daily rate % change year-on-year
+4.86% +0.12%
90% offered a daily rate of more than £242 £230 £238
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £350 £338
% change year-on-year
+4.28% +3.70%
Number of hourly rates quoted 609 611 806
Average hourly rate £18.50 £20.00 £20.00
Average hourly rate % change year-on-year
-7.50% -
90% offered a hourly rate of more than £11.50 £11.86 £11.76
10% offered a hourly rate of more than £42.50 £42.50 £40.00
UK excluding London average hourly rate £18.38 £18.13 £20.00
% change year-on-year
+1.37% -9.37%

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 26 January 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 26 January 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 -25 61 £600 - 4
England -55 61 £600 - 4
City of London -4 17 £610 +1.66%
Docklands, London - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 26 January 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.

1 171 (100.00%) Derivative
2 120 (70.18%) Front Office
3 86 (50.29%) Banking
4 74 (43.27%) Investment Banking
4 74 (43.27%) Finance
5 65 (38.01%) SQL
6 62 (36.26%) Fixed Income
7 54 (31.58%) Java
7 54 (31.58%) Foreign Exchange (FX)
8 42 (24.56%) XML
9 38 (22.22%) Agile Software Development
10 37 (21.64%) C#
11 33 (19.30%) Analytics
12 31 (18.13%) UNIX
13 30 (17.54%) Oracle
14 29 (16.96%) Business Analysis
14 29 (16.96%) Risk Management
15 26 (15.20%) OO
15 26 (15.20%) Equity Derivative
16 25 (14.62%) Interest Rate Derivative
16 25 (14.62%) Analytical Skills
17 24 (14.04%) Credit Risk
18 23 (13.45%) Data Structures
19 22 (12.87%) TDD
20 20 (11.70%) Back Office
21 19 (11.11%) Linux
22 18 (10.53%) Data Modelling
22 18 (10.53%) WPF
23 17 (9.94%) Data Architecture
23 17 (9.94%) Tradeweb

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 26 January 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 3 (1.75%) WebSphere
1 3 (1.75%) Oracle Coherence
2 2 (1.17%) Confluence
3 1 (0.58%) Apache Spark
Applications
1 2 (1.17%) MS Excel
2 1 (0.58%) Spreadsheet
Business Applications
1 3 (1.75%) ION MarketView
2 1 (0.58%) Oracle EBS
2 1 (0.58%) Global One
2 1 (0.58%) Summit
2 1 (0.58%) Tesseract
2 1 (0.58%) Minerva
2 1 (0.58%) Sentinel
2 1 (0.58%) RMDS
Communications & Networking
1 1 (0.58%) TCP/IP
1 1 (0.58%) DNS
1 1 (0.58%) Wireshark
1 1 (0.58%) tcpdump
Database & Business Intelligence
1 15 (8.77%) Relational Database
2 12 (7.02%) Oracle Database
3 9 (5.26%) RDBMS
4 8 (4.68%) SQL Server
5 7 (4.09%) Hadoop
5 7 (4.09%) HBase
6 4 (2.34%) Apache Hive
6 4 (2.34%) DB2
7 3 (1.75%) ObjectStore
7 3 (1.75%) PostgreSQL
8 2 (1.17%) SQL Server 2008
8 2 (1.17%) Data Warehouse
8 2 (1.17%) SQL Server 2005
9 1 (0.58%) SQL Server Integration Services
9 1 (0.58%) QlikView
9 1 (0.58%) BusinessObjects XI
9 1 (0.58%) SQL Server Analysis Services
9 1 (0.58%) OLAP
9 1 (0.58%) Big Data
9 1 (0.58%) SQL Server Reporting Services
Development Applications
1 4 (2.34%) Subversion
1 4 (2.34%) Maven
2 3 (1.75%) JIRA
3 2 (1.17%) TeamCity
3 2 (1.17%) Git (software)
4 1 (0.58%) FxCop
4 1 (0.58%) StyleCop
4 1 (0.58%) Jenkins
4 1 (0.58%) Eclipse
4 1 (0.58%) IntelliJ
General
1 120 (70.18%) Front Office
2 86 (50.29%) Banking
3 74 (43.27%) Investment Banking
3 74 (43.27%) Finance
4 20 (11.70%) Back Office
5 15 (8.77%) Financial Institution
6 3 (1.75%) French Language
7 2 (1.17%) Legal
8 1 (0.58%) Games
Job Titles
1 82 (47.95%) Analyst
2 62 (36.26%) Developer
3 47 (27.49%) Business Analyst
4 38 (22.22%) Java Developer
5 13 (7.60%) Data Modeller
5 13 (7.60%) Support Analyst
6 12 (7.02%) Test Analyst
6 12 (7.02%) C# Developer
6 12 (7.02%) Investment Banking Business Analyst
7 10 (5.85%) Credit Risk Analyst
8 9 (5.26%) Applications Support
9 7 (4.09%) Risk Analyst
9 7 (4.09%) Banking Business Analyst
10 6 (3.51%) Lead Test Analyst
11 5 (2.92%) Python Developer
12 4 (2.34%) Test Leader
12 4 (2.34%) Credit Analyst
12 4 (2.34%) .NET Developer
12 4 (2.34%) C++ Developer
13 3 (1.75%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 42 (24.56%) XML
2 18 (10.53%) WPF
3 13 (7.60%) .NET
4 10 (5.85%) Middleware
4 10 (5.85%) FpML
4 10 (5.85%) FIX Protocol
5 7 (4.09%) Hibernate
5 7 (4.09%) Spring
6 6 (3.51%) Swing
6 6 (3.51%) JMS
6 6 (3.51%) Apache Camel
7 4 (2.34%) WCF
7 4 (2.34%) Boost C++ Libraries
7 4 (2.34%) WinForms
8 3 (1.75%) WebSphere MQ
8 3 (1.75%) ZeroMQ
8 3 (1.75%) Django
8 3 (1.75%) Twisted
8 3 (1.75%) REST
9 2 (1.17%) SOAP
Miscellaneous
1 171 (100.00%) Derivative
2 62 (36.26%) Fixed Income
3 54 (31.58%) Foreign Exchange (FX)
4 26 (15.20%) Equity Derivative
5 25 (14.62%) Interest Rate Derivative
5 25 (14.62%) Analytical Skills
6 24 (14.04%) Credit Risk
7 23 (13.45%) Data Structures
8 16 (9.36%) Equities
9 9 (5.26%) Computer Science
10 7 (4.09%) Mathematics
11 6 (3.51%) Algorithms
12 4 (2.34%) Reference Data
13 3 (1.75%) SWIFT
14 2 (1.17%) Management Information System
14 2 (1.17%) Grid Computing
15 1 (0.58%) Replication
15 1 (0.58%) N-Tier
15 1 (0.58%) Inversion of Control
15 1 (0.58%) Market Risk
Operating Systems
1 31 (18.13%) UNIX
2 19 (11.11%) Linux
3 6 (3.51%) Windows
4 5 (2.92%) Oracle Linux
5 1 (0.58%) Windows 2000
5 1 (0.58%) Windows NT
5 1 (0.58%) Windows XP
Processes & Methodologies
1 38 (22.22%) Agile Software Development
2 33 (19.30%) Analytics
3 29 (16.96%) Business Analysis
3 29 (16.96%) Risk Management
4 26 (15.20%) OO
5 22 (12.87%) TDD
6 18 (10.53%) Data Modelling
7 17 (9.94%) Data Architecture
8 16 (9.36%) Electronic Trading
8 16 (9.36%) UML
9 15 (8.77%) Multithreading
10 14 (8.19%) Systems Analysis
11 13 (7.60%) Manual Testing
12 12 (7.02%) Automated Testing
13 11 (6.43%) Test Automation
13 11 (6.43%) Low Latency
13 11 (6.43%) Risk Analytics
14 10 (5.85%) ETL
15 9 (5.26%) Workflow
16 8 (4.68%) Greeks
Programming Languages
1 65 (38.01%) SQL
2 54 (31.58%) Java
3 37 (21.64%) C#
4 17 (9.94%) C++
5 10 (5.85%) Perl
5 10 (5.85%) Python
6 6 (3.51%) Clojure
7 4 (2.34%) VBA
8 3 (1.75%) C
9 1 (0.58%) XAML
9 1 (0.58%) Scala
9 1 (0.58%) PL/SQL
Qualifications
1 9 (5.26%) Degree
2 1 (0.58%) Postgraduate
Quality Assurance & Compliance
1 9 (5.26%) Basel III
2 5 (2.92%) Dodd-Frank
3 4 (2.34%) EMIR
4 3 (1.75%) QA
5 2 (1.17%) MiFID
6 1 (0.58%) Basel II
6 1 (0.58%) Data Quality
6 1 (0.58%) CRD IV
6 1 (0.58%) COREP
System Software
1 1 (0.58%) Apache Flume
Systems Management
1 9 (5.26%) ITRS Geneos
2 2 (1.17%) Control-M
2 2 (1.17%) Nagios
3 1 (0.58%) HP Quality Center
Vendors
1 30 (17.54%) Oracle
2 17 (9.94%) Tradeweb
3 15 (8.77%) Bloomberg
4 9 (5.26%) MarketAxess
5 7 (4.09%) TIBCO
6 6 (3.51%) Murex
6 6 (3.51%) ION Trading
7 4 (2.34%) Sybase
8 3 (1.75%) DevExpress
8 3 (1.75%) Syncfusion
9 2 (1.17%) Microsoft
10 1 (0.58%) thinkFolio
10 1 (0.58%) 29West
10 1 (0.58%) DataSynapse
10 1 (0.58%) Charles River
10 1 (0.58%) Business Objects
10 1 (0.58%) Reuters
10 1 (0.58%) Calypso
10 1 (0.58%) Fidessa
10 1 (0.58%) MicroStrategy
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 1 hour ago
London
Huxley Banking & Financial Services
Rate: £600 - £660 per day + competitive
Posted: 16 days ago