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 21 October 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
21 Oct 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 508 488 493
Rank change year-on-year
-20 +5
Contract jobs citing Credit Derivative 110 98 93
As % of all contract IT jobs located in the UK 0.19% 0.19% 0.17%
As % of the Miscellaneous category 0.61% 0.59% 0.55%
Number of daily rates quoted 80 68 79
Average daily rate
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£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £450 £400 £550
10% offered a daily rate of more than £625 £650 £730
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
17922 16584 17034
As % of all contract IT jobs located in the UK 30.78% 31.55% 30.49%
Number of daily rates quoted 11192 10372 9992
Average daily rate £413 £410 £413
Average daily rate % change year-on-year
+0.60% -0.60%
90% offered a daily rate of more than £238 £240 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 733 670 841
Average hourly rate £17.50 £18.00 £22.50
Average hourly rate % change year-on-year
-2.77% -20.00%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £40.79 £45.00
UK excluding London average hourly rate £17.50 £17.69 £22.50
% change year-on-year
-1.07% -21.37%

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 21 October 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 7 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 21 October 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 +5 109 £550 - 13
England -18 109 £550 - 13
City of London +23 26 £600 +9.09% 3
West Midlands - - - -
Birmingham - - - -
Glasgow - - - -
Scotland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 21 October 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.

1 170 (100.00%) Derivative
2 96 (56.47%) Front Office
3 90 (52.94%) Banking
4 76 (44.71%) SQL
5 75 (44.12%) Investment Banking
6 73 (42.94%) Finance
7 61 (35.88%) Fixed Income
8 59 (34.71%) Oracle
9 44 (25.88%) Agile Software Development
10 42 (24.71%) Foreign Exchange (FX)
11 41 (24.12%) Java
12 36 (21.18%) C#
12 36 (21.18%) Linux
13 35 (20.59%) Risk Management
14 34 (20.00%) Credit Risk
15 33 (19.41%) XML
16 32 (18.82%) UNIX
16 32 (18.82%) OO
16 32 (18.82%) C++
16 32 (18.82%) Analytical Skills
17 30 (17.65%) Analytics
18 29 (17.06%) Business Analysis
18 29 (17.06%) TDD
19 27 (15.88%) Data Structures
20 25 (14.71%) Python
21 24 (14.12%) Risk Analytics
22 23 (13.53%) OOD
22 23 (13.53%) Back Office
23 22 (12.94%) Oracle Database
24 19 (11.18%) Django

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 21 October 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 17 (10.00%) WebSphere
2 5 (2.94%) Oracle Coherence
3 1 (0.59%) Confluence
Applications
1 2 (1.18%) MS Excel
2 1 (0.59%) Spreadsheet
2 1 (0.59%) MS Project
Business Applications
1 3 (1.76%) ION MarketView
2 1 (0.59%) Oracle EBS
2 1 (0.59%) Global One
2 1 (0.59%) Tesseract
2 1 (0.59%) Minerva
2 1 (0.59%) Sentinel
Communications & Networking
1 1 (0.59%) TCP/IP
1 1 (0.59%) DNS
1 1 (0.59%) Wireshark
1 1 (0.59%) tcpdump
Database & Business Intelligence
1 22 (12.94%) Oracle Database
2 16 (9.41%) ObjectStore
2 16 (9.41%) PostgreSQL
3 13 (7.65%) Relational Database
4 5 (2.94%) Oracle Database 11g
4 5 (2.94%) Oracle Database 10g
4 5 (2.94%) Data Warehouse
5 4 (2.35%) SQL Server
6 3 (1.76%) MS Access
6 3 (1.76%) RDBMS
7 2 (1.18%) OLAP
8 1 (0.59%) SQLPlus
8 1 (0.59%) BusinessObjects Web Intelligence
8 1 (0.59%) SQL Server Analysis Services
8 1 (0.59%) SQL Server 2008
8 1 (0.59%) SQL Server 2005
8 1 (0.59%) Oracle OLAP
8 1 (0.59%) QlikView
Development Applications
1 4 (2.35%) Eclipse
1 4 (2.35%) IntelliJ
2 3 (1.76%) Subversion
2 3 (1.76%) JIRA
3 2 (1.18%) Git (software)
4 1 (0.59%) StyleCop
4 1 (0.59%) Jenkins
4 1 (0.59%) TeamCity
4 1 (0.59%) Toad
General
1 96 (56.47%) Front Office
2 90 (52.94%) Banking
3 75 (44.12%) Investment Banking
4 73 (42.94%) Finance
5 23 (13.53%) Back Office
6 4 (2.35%) Publishing
7 3 (1.76%) French Language
8 2 (1.18%) Legal
9 1 (0.59%) Games
Job Titles
1 92 (54.12%) Analyst
2 62 (36.47%) Developer
3 52 (30.59%) Business Analyst
4 26 (15.29%) Java Developer
5 21 (12.35%) Python Developer
6 20 (11.76%) C++ Developer
7 16 (9.41%) Test Analyst
8 14 (8.24%) Credit Risk Analyst
8 14 (8.24%) Investment Banking Business Analyst
9 12 (7.06%) Support Analyst
9 12 (7.06%) C# Developer
10 8 (4.71%) Applications Support
10 8 (4.71%) Risk Analyst
11 7 (4.12%) Banking Business Analyst
11 7 (4.12%) .NET Developer
12 6 (3.53%) C# .NET Developer
12 6 (3.53%) Lead Test Analyst
13 5 (2.94%) Test Leader
13 5 (2.94%) Credit Analyst
14 4 (2.35%) Author
Libraries, Frameworks & Software Standards
1 33 (19.41%) XML
2 19 (11.18%) Django
3 18 (10.59%) Boost C++ Libraries
3 18 (10.59%) Twisted
4 17 (10.00%) WebSphere MQ
5 16 (9.41%) .NET
5 16 (9.41%) ZeroMQ
6 13 (7.65%) Hibernate
6 13 (7.65%) Spring
7 12 (7.06%) STL
8 11 (6.47%) FpML
9 10 (5.88%) WPF
10 8 (4.71%) FIX Protocol
11 5 (2.94%) .NET Framework
11 5 (2.94%) LINQ
11 5 (2.94%) Middleware
12 4 (2.35%) FIXML
12 4 (2.35%) XML Schema
13 3 (1.76%) ADO
13 3 (1.76%) Swing
Miscellaneous
1 170 (100.00%) Derivative
2 61 (35.88%) Fixed Income
3 42 (24.71%) Foreign Exchange (FX)
4 34 (20.00%) Credit Risk
5 32 (18.82%) Analytical Skills
6 27 (15.88%) Data Structures
7 13 (7.65%) Equities
8 11 (6.47%) Equity Derivative
9 10 (5.88%) Interest Rate Derivative
9 10 (5.88%) Market Risk
10 6 (3.53%) Algorithms
11 5 (2.94%) Grid Computing
12 4 (2.35%) Reference Data
12 4 (2.35%) Mathematics
13 3 (1.76%) Computer Science
13 3 (1.76%) SWIFT
14 2 (1.18%) Management Information System
15 1 (0.59%) DTCC
15 1 (0.59%) Spread Betting
15 1 (0.59%) Swaptions
Operating Systems
1 36 (21.18%) Linux
2 32 (18.82%) UNIX
3 18 (10.59%) Windows
4 8 (4.71%) Oracle Linux
5 1 (0.59%) Windows 2000
5 1 (0.59%) Windows NT
5 1 (0.59%) Windows XP
Processes & Methodologies
1 44 (25.88%) Agile Software Development
2 35 (20.59%) Risk Management
3 32 (18.82%) OO
4 30 (17.65%) Analytics
5 29 (17.06%) TDD
5 29 (17.06%) Business Analysis
6 24 (14.12%) Risk Analytics
7 23 (13.53%) OOD
8 18 (10.59%) Software Engineering
8 18 (10.59%) Manual Testing
9 17 (10.00%) Automated Testing
10 15 (8.82%) Systems Analysis
11 14 (8.24%) Electronic Trading
12 13 (7.65%) Test Automation
12 13 (7.65%) ETL
13 10 (5.88%) Workflow
13 10 (5.88%) Test Strategy
14 9 (5.29%) Root Cause Analysis
15 7 (4.12%) User Acceptance Testing
16 6 (3.53%) Low Latency
Programming Languages
1 76 (44.71%) SQL
2 41 (24.12%) Java
3 36 (21.18%) C#
4 32 (18.82%) C++
5 25 (14.71%) Python
6 8 (4.71%) Perl
7 5 (2.94%) PL/SQL
7 5 (2.94%) VBA
8 1 (0.59%) XAML
Qualifications
1 5 (2.94%) Degree
Quality Assurance & Compliance
1 13 (7.65%) Basel III
2 6 (3.53%) EMIR
2 6 (3.53%) Dodd-Frank
3 3 (1.76%) QA
4 2 (1.18%) MiFID
5 1 (0.59%) Data Quality
5 1 (0.59%) COREP
5 1 (0.59%) CRD IV
Systems Management
1 9 (5.29%) ITRS Geneos
2 2 (1.18%) Control-M
2 2 (1.18%) Nagios
3 1 (0.59%) HP Quality Center
Vendors
1 59 (34.71%) Oracle
2 14 (8.24%) Tradeweb
3 9 (5.29%) Bloomberg
4 6 (3.53%) Sybase
4 6 (3.53%) Murex
5 5 (2.94%) CA
5 5 (2.94%) ION Trading
6 4 (2.35%) DataSynapse
6 4 (2.35%) Calypso
6 4 (2.35%) MarketAxess
7 2 (1.18%) DevExpress
7 2 (1.18%) Business Objects
7 2 (1.18%) Syncfusion
7 2 (1.18%) TIBCO
7 2 (1.18%) Reuters
8 1 (0.59%) Charles River
8 1 (0.59%) thinkFolio
8 1 (0.59%) Microsoft
8 1 (0.59%) Fidessa
8 1 (0.59%) MicroStrategy
London, United Kingdom
Hatstand Ltd
Rate: £400-£500 per day
Posted: 4 days ago
City of London
Huxley Associates
Rate: £500 - £550 per day + competitive
Posted: 14 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per annum
Posted: 18 days ago