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 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 502 479 518
Rank change year-on-year
-23 +39
Contract jobs citing Credit Derivative 104 100 73
As % of all contract IT jobs located in the UK 0.18% 0.19% 0.13%
As % of the Miscellaneous category 0.72% 0.73% 0.50%
Number of daily rates quoted 71 72 61
Average daily rate
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£575 £550 £558
Average daily rate % change year-on-year
+4.54% -1.43%
90% offered a daily rate of more than £450 £400 £525
10% offered a daily rate of more than £625 £673 £700
UK excluding London average daily rate - - -
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
14398 13715 14468
As % of all contract IT jobs located in the UK 25.46% 26.03% 25.00%
Number of daily rates quoted 8622 8426 8404
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £240 £250 £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 633 603 794
Average hourly rate £18.88 £19.50 £26.00
Average hourly rate % change year-on-year
-3.20% -25.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £44.50 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

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 August 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 29 August 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 -14 104 £575 +4.54% 9
London +20 103 £575 +4.54% 9
City of London 0 24 £625 +19.04% 4
Glasgow - - - -
County Londonderry - - - -
Scotland - - - -
Northern Ireland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 29 August 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.

1 166 (95.95%) Derivative
2 101 (58.38%) Front Office
3 98 (56.65%) Banking
4 79 (45.66%) Investment Banking
5 75 (43.35%) Finance
6 70 (40.46%) SQL
7 65 (37.57%) Fixed Income
8 60 (34.68%) Oracle
9 41 (23.70%) Credit Risk
10 40 (23.12%) Foreign Exchange (FX)
11 38 (21.97%) Analytics
12 36 (20.81%) Risk Management
13 35 (20.23%) Business Analysis
14 32 (18.50%) C++
15 31 (17.92%) XML
15 31 (17.92%) Linux
16 30 (17.34%) C#
17 29 (16.76%) Java
17 29 (16.76%) Risk Analytics
18 27 (15.61%) OO
19 26 (15.03%) TDD
20 25 (14.45%) Back Office
20 25 (14.45%) Oracle Database
21 24 (13.87%) OOD
22 22 (12.72%) UNIX
23 21 (12.14%) Python
24 19 (10.98%) Django
25 18 (10.40%) Software Engineering
25 18 (10.40%) Twisted
25 18 (10.40%) Manual Testing

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 29 August 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 (9.83%) WebSphere
2 5 (2.89%) Oracle Coherence
3 1 (0.58%) GemFire
Applications
1 4 (2.31%) MS Excel
2 2 (1.16%) MS Visio
2 2 (1.16%) MS PowerPoint
3 1 (0.58%) MS Project
Business Applications
1 6 (3.47%) ION MarketView
2 1 (0.58%) Summit
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 25 (14.45%) Oracle Database
2 16 (9.25%) ObjectStore
2 16 (9.25%) PostgreSQL
3 10 (5.78%) Relational Database
4 9 (5.20%) Oracle Database 10g
4 9 (5.20%) SQL Server
5 6 (3.47%) Data Warehouse
5 6 (3.47%) Oracle Database 11g
6 5 (2.89%) MS Access
7 3 (1.73%) OLAP
7 3 (1.73%) RDBMS
8 2 (1.16%) SQL Server Analysis Services
8 2 (1.16%) SQL Server 2008
9 1 (0.58%) Apache Cassandra
9 1 (0.58%) BusinessObjects Web Intelligence
9 1 (0.58%) Microsoft Analysis Services
9 1 (0.58%) SQL Server 2005
9 1 (0.58%) SQL Server Integration Services
9 1 (0.58%) Oracle OLAP
9 1 (0.58%) QlikView
Development Applications
1 6 (3.47%) JIRA
2 4 (2.31%) Eclipse
2 4 (2.31%) IntelliJ
2 4 (2.31%) QuickTest Pro
3 3 (1.73%) CruiseControl
3 3 (1.73%) TeamCity
3 3 (1.73%) Visual Studio
4 1 (0.58%) Git (software)
4 1 (0.58%) StyleCop
4 1 (0.58%) Jenkins
4 1 (0.58%) Subversion
4 1 (0.58%) Toad
General
1 101 (58.38%) Front Office
2 98 (56.65%) Banking
3 79 (45.66%) Investment Banking
4 75 (43.35%) Finance
5 25 (14.45%) Back Office
6 7 (4.05%) Publishing
7 2 (1.16%) French Language
7 2 (1.16%) Legal
8 1 (0.58%) Games
8 1 (0.58%) Financial Institution
Job Titles
1 95 (54.91%) Analyst
2 59 (34.10%) Developer
3 56 (32.37%) Business Analyst
4 21 (12.14%) C++ Developer
5 19 (10.98%) Python Developer
6 18 (10.40%) Java Developer
7 17 (9.83%) Test Analyst
7 17 (9.83%) Credit Risk Analyst
8 12 (6.94%) C# Developer
9 11 (6.36%) Investment Banking Business Analyst
10 9 (5.20%) Banking Business Analyst
10 9 (5.20%) Risk Analyst
10 9 (5.20%) Support Analyst
11 8 (4.62%) C# .NET Developer
12 7 (4.05%) Author
12 7 (4.05%) Credit Analyst
12 7 (4.05%) .NET Developer
13 6 (3.47%) Credit Risk Business Analyst
14 4 (2.31%) Technical Business Analyst
14 4 (2.31%) Project Manager
Libraries, Frameworks & Software Standards
1 31 (17.92%) XML
2 19 (10.98%) Django
3 18 (10.40%) .NET
3 18 (10.40%) Twisted
4 17 (9.83%) WebSphere MQ
4 17 (9.83%) Boost C++ Libraries
5 16 (9.25%) ZeroMQ
6 13 (7.51%) Hibernate
6 13 (7.51%) Spring
7 12 (6.94%) FpML
8 11 (6.36%) STL
9 10 (5.78%) WPF
10 7 (4.05%) .NET Framework
10 7 (4.05%) Middleware
10 7 (4.05%) FIXML
10 7 (4.05%) XML Schema
11 6 (3.47%) LINQ
11 6 (3.47%) WCF
12 4 (2.31%) RESTful
12 4 (2.31%) FIX Protocol
Miscellaneous
1 166 (95.95%) Derivative
2 65 (37.57%) Fixed Income
3 41 (23.70%) Credit Risk
4 40 (23.12%) Foreign Exchange (FX)
5 16 (9.25%) Equities
6 13 (7.51%) Market Risk
6 13 (7.51%) Interest Rate Derivative
7 12 (6.94%) Equity Derivative
8 5 (2.89%) Grid Computing
9 4 (2.31%) Visualisation
10 3 (1.73%) Computer Science
10 3 (1.73%) Mathematics
11 2 (1.16%) SWIFT
12 1 (0.58%) Inversion of Control
12 1 (0.58%) Applied Mathematics
12 1 (0.58%) Hybrid Derivative
12 1 (0.58%) Client/Server
12 1 (0.58%) Reference Data
12 1 (0.58%) Management Information System
12 1 (0.58%) DTCC
Operating Systems
1 31 (17.92%) Linux
2 22 (12.72%) UNIX
3 18 (10.40%) Windows
4 8 (4.62%) Oracle Linux
Processes & Methodologies
1 38 (21.97%) Analytics
2 36 (20.81%) Risk Management
3 35 (20.23%) Business Analysis
4 29 (16.76%) Risk Analytics
5 27 (15.61%) OO
6 26 (15.03%) TDD
7 24 (13.87%) OOD
8 18 (10.40%) Software Engineering
8 18 (10.40%) Manual Testing
9 16 (9.25%) Systems Analysis
10 12 (6.94%) Automated Testing
10 12 (6.94%) Agile Software Development
10 12 (6.94%) Electronic Trading
10 12 (6.94%) Test Automation
11 11 (6.36%) Test Strategy
11 11 (6.36%) User Acceptance Testing
12 10 (5.78%) Workflow
12 10 (5.78%) ETL
12 10 (5.78%) Root Cause Analysis
13 9 (5.20%) Project Management
Programming Languages
1 70 (40.46%) SQL
2 32 (18.50%) C++
3 30 (17.34%) C#
4 29 (16.76%) Java
5 21 (12.14%) Python
6 7 (4.05%) VBA
7 6 (3.47%) PL/SQL
8 3 (1.73%) JavaScript
9 2 (1.16%) F#
9 2 (1.16%) Scala
10 1 (0.58%) MATLAB
10 1 (0.58%) XAML
10 1 (0.58%) Perl
10 1 (0.58%) C
10 1 (0.58%) T-SQL
Qualifications
1 8 (4.62%) Degree
2 1 (0.58%) MBA
2 1 (0.58%) CFA
Quality Assurance & Compliance
1 14 (8.09%) Basel III
2 6 (3.47%) EMIR
2 6 (3.47%) Dodd-Frank
3 5 (2.89%) QA
4 2 (1.16%) CRD IV
5 1 (0.58%) Data Quality
5 1 (0.58%) GCP
5 1 (0.58%) MiFID
Systems Management
1 5 (2.89%) HP Quality Center
2 4 (2.31%) ITRS Geneos
Vendors
1 60 (34.68%) Oracle
2 13 (7.51%) ION Trading
3 12 (6.94%) Tradeweb
4 11 (6.36%) Bloomberg
5 8 (4.62%) DataSynapse
5 8 (4.62%) Murex
6 6 (3.47%) CA
7 5 (2.89%) Calypso
8 4 (2.31%) Sybase
8 4 (2.31%) Remedy
8 4 (2.31%) MarketAxess
9 3 (1.73%) Wall Street Systems
9 3 (1.73%) Microsoft
9 3 (1.73%) Sun
10 2 (1.16%) Business Objects
10 2 (1.16%) Reuters
11 1 (0.58%) DevExpress
11 1 (0.58%) Sophis
11 1 (0.58%) Syncfusion
11 1 (0.58%) HP
City, London
Hays Finance Technology
Rate: £550 - £700 per day + Excellent & Neg
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £550 - £700 per day + Excellent & Neg
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £600 per day
Posted: 15 days ago