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 30 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
30 Oct 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 496 476 484
Rank change year-on-year
-20 +8
Contract jobs citing Credit Derivative 105 94 90
As % of all contract IT jobs located in the UK 0.18% 0.18% 0.17%
As % of the Miscellaneous category 0.59% 0.58% 0.55%
Number of daily rates quoted 76 66 76
Average daily rate
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of your 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 £738
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
17829 16321 16382
As % of all contract IT jobs located in the UK 30.67% 31.58% 30.39%
Number of daily rates quoted 11225 10213 9585
Average daily rate £410 £410 £413
Average daily rate % change year-on-year
- -0.60%
90% offered a daily rate of more than £238 £240 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £355 £350 £350
% change year-on-year
+1.42% -
Number of hourly rates quoted 719 691 805
Average hourly rate £17.00 £18.50 £21.00
Average hourly rate % change year-on-year
-8.10% -11.90%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £42.55 £40.00 £45.00
UK excluding London average hourly rate £17.00 £18.00 £21.00
% change year-on-year
-5.55% -14.28%

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 30 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 30 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 +10 104 £550 - 10
England -22 104 £550 - 10
City of London +25 27 £575 +2.22% 2
West Midlands - - - -
Birmingham - - - -
Glasgow - - - -
Scotland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 30 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.

1 177 (100.00%) Derivative
2 102 (57.63%) Front Office
3 92 (51.98%) Banking
4 81 (45.76%) SQL
5 76 (42.94%) Investment Banking
6 73 (41.24%) Finance
7 67 (37.85%) Fixed Income
8 59 (33.33%) Oracle
9 46 (25.99%) Agile Software Development
9 46 (25.99%) Java
10 43 (24.29%) Foreign Exchange (FX)
11 42 (23.73%) C#
12 36 (20.34%) Linux
12 36 (20.34%) Risk Management
13 34 (19.21%) XML
13 34 (19.21%) UNIX
13 34 (19.21%) C++
13 34 (19.21%) Credit Risk
14 33 (18.64%) OO
15 32 (18.08%) Analytical Skills
16 31 (17.51%) TDD
17 30 (16.95%) Analytics
18 29 (16.38%) Business Analysis
19 27 (15.25%) Data Structures
20 25 (14.12%) Python
21 24 (13.56%) Risk Analytics
22 23 (12.99%) OOD
22 23 (12.99%) Back Office
23 22 (12.43%) Oracle Database
24 19 (10.73%) Django

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 30 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 (9.60%) WebSphere
2 5 (2.82%) Oracle Coherence
3 2 (1.13%) Confluence
Applications
1 2 (1.13%) MS Excel
2 1 (0.56%) MS Project
2 1 (0.56%) Spreadsheet
Business Applications
1 3 (1.69%) ION MarketView
2 1 (0.56%) Tesseract
2 1 (0.56%) Minerva
2 1 (0.56%) Sentinel
2 1 (0.56%) Global One
2 1 (0.56%) Oracle EBS
Communications & Networking
1 1 (0.56%) TCP/IP
1 1 (0.56%) DNS
1 1 (0.56%) Wireshark
1 1 (0.56%) tcpdump
Database & Business Intelligence
1 22 (12.43%) Oracle Database
2 16 (9.04%) PostgreSQL
2 16 (9.04%) ObjectStore
3 12 (6.78%) Relational Database
4 6 (3.39%) SQL Server
5 5 (2.82%) Data Warehouse
5 5 (2.82%) Oracle Database 10g
5 5 (2.82%) Oracle Database 11g
6 3 (1.69%) MS Access
6 3 (1.69%) RDBMS
7 2 (1.13%) DB2
7 2 (1.13%) OLAP
8 1 (0.56%) SQLPlus
8 1 (0.56%) SQL Server 2008
8 1 (0.56%) BusinessObjects Web Intelligence
8 1 (0.56%) SQL Server Analysis Services
8 1 (0.56%) QlikView
8 1 (0.56%) Oracle OLAP
8 1 (0.56%) SQL Server 2005
8 1 (0.56%) OLAP Cube
Development Applications
1 4 (2.26%) JIRA
1 4 (2.26%) Subversion
1 4 (2.26%) Eclipse
1 4 (2.26%) IntelliJ
2 2 (1.13%) TeamCity
2 2 (1.13%) Git (software)
2 2 (1.13%) Maven
3 1 (0.56%) Toad
3 1 (0.56%) Jenkins
3 1 (0.56%) StyleCop
General
1 102 (57.63%) Front Office
2 92 (51.98%) Banking
3 76 (42.94%) Investment Banking
4 73 (41.24%) Finance
5 23 (12.99%) Back Office
6 3 (1.69%) Publishing
6 3 (1.69%) French Language
7 2 (1.13%) Legal
8 1 (0.56%) Games
Job Titles
1 94 (53.11%) Analyst
2 68 (38.42%) Developer
3 52 (29.38%) Business Analyst
4 29 (16.38%) Java Developer
5 21 (11.86%) Python Developer
6 20 (11.30%) C++ Developer
7 16 (9.04%) Test Analyst
8 15 (8.47%) C# Developer
8 15 (8.47%) Investment Banking Business Analyst
9 14 (7.91%) Credit Risk Analyst
9 14 (7.91%) Support Analyst
10 9 (5.08%) .NET Developer
11 8 (4.52%) C# .NET Developer
11 8 (4.52%) Risk Analyst
11 8 (4.52%) Applications Support
12 7 (3.95%) Banking Business Analyst
13 6 (3.39%) Lead Test Analyst
14 5 (2.82%) Credit Analyst
14 5 (2.82%) Test Leader
15 3 (1.69%) Project Manager
Libraries, Frameworks & Software Standards
1 34 (19.21%) XML
2 19 (10.73%) Django
3 18 (10.17%) Boost C++ Libraries
3 18 (10.17%) Twisted
3 18 (10.17%) .NET
4 17 (9.60%) WebSphere MQ
5 16 (9.04%) ZeroMQ
6 13 (7.34%) Hibernate
6 13 (7.34%) Spring
6 13 (7.34%) WPF
7 12 (6.78%) FIX Protocol
7 12 (6.78%) STL
8 10 (5.65%) FpML
9 7 (3.95%) Middleware
10 5 (2.82%) LINQ
10 5 (2.82%) .NET Framework
11 4 (2.26%) WCF
11 4 (2.26%) Swing
12 3 (1.69%) ADO
12 3 (1.69%) XML Schema
Miscellaneous
1 177 (100.00%) Derivative
2 67 (37.85%) Fixed Income
3 43 (24.29%) Foreign Exchange (FX)
4 34 (19.21%) Credit Risk
5 32 (18.08%) Analytical Skills
6 27 (15.25%) Data Structures
7 13 (7.34%) Equities
8 11 (6.21%) Interest Rate Derivative
8 11 (6.21%) Equity Derivative
9 10 (5.65%) Market Risk
10 6 (3.39%) Algorithms
11 5 (2.82%) Grid Computing
11 5 (2.82%) Mathematics
12 4 (2.26%) Computer Science
12 4 (2.26%) Reference Data
13 3 (1.69%) SWIFT
14 2 (1.13%) Management Information System
15 1 (0.56%) Swaptions
15 1 (0.56%) Spread Betting
15 1 (0.56%) DTCC
Operating Systems
1 36 (20.34%) Linux
2 34 (19.21%) UNIX
3 18 (10.17%) Windows
4 8 (4.52%) Oracle Linux
5 1 (0.56%) Windows NT
5 1 (0.56%) Windows 2000
5 1 (0.56%) Windows XP
Processes & Methodologies
1 46 (25.99%) Agile Software Development
2 36 (20.34%) Risk Management
3 33 (18.64%) OO
4 31 (17.51%) TDD
5 30 (16.95%) Analytics
6 29 (16.38%) Business Analysis
7 24 (13.56%) Risk Analytics
8 23 (12.99%) OOD
9 18 (10.17%) Manual Testing
9 18 (10.17%) Software Engineering
10 17 (9.60%) Automated Testing
11 16 (9.04%) Electronic Trading
12 15 (8.47%) Systems Analysis
13 13 (7.34%) ETL
13 13 (7.34%) Test Automation
14 10 (5.65%) Test Strategy
14 10 (5.65%) Workflow
15 9 (5.08%) Root Cause Analysis
16 7 (3.95%) Multithreading
16 7 (3.95%) User Acceptance Testing
Programming Languages
1 81 (45.76%) SQL
2 46 (25.99%) Java
3 42 (23.73%) C#
4 34 (19.21%) C++
5 25 (14.12%) Python
6 8 (4.52%) Perl
7 5 (2.82%) PL/SQL
8 4 (2.26%) VBA
9 1 (0.56%) C
9 1 (0.56%) XAML
Qualifications
1 5 (2.82%) Degree
Quality Assurance & Compliance
1 13 (7.34%) Basel III
2 6 (3.39%) EMIR
2 6 (3.39%) Dodd-Frank
3 3 (1.69%) QA
4 2 (1.13%) MiFID
5 1 (0.56%) COREP
5 1 (0.56%) CRD IV
5 1 (0.56%) Data Quality
Systems Management
1 11 (6.21%) ITRS Geneos
2 2 (1.13%) Control-M
2 2 (1.13%) Nagios
3 1 (0.56%) HP Quality Center
Vendors
1 59 (33.33%) Oracle
2 16 (9.04%) Tradeweb
3 11 (6.21%) Bloomberg
4 6 (3.39%) MarketAxess
4 6 (3.39%) Murex
5 5 (2.82%) Sybase
5 5 (2.82%) CA
5 5 (2.82%) ION Trading
6 4 (2.26%) DataSynapse
6 4 (2.26%) TIBCO
7 3 (1.69%) Calypso
7 3 (1.69%) Syncfusion
8 2 (1.13%) DevExpress
8 2 (1.13%) Reuters
8 2 (1.13%) Business Objects
9 1 (0.56%) Fidessa
9 1 (0.56%) Microsoft
9 1 (0.56%) MicroStrategy
9 1 (0.56%) Charles River
9 1 (0.56%) thinkFolio
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per annum
Posted: 6 days ago
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 6 days ago
London, United Kingdom
Hatstand Ltd
Rate: £400-£500 per day
Posted: 13 days ago
City of London
Huxley Associates
Rate: £500 - £550 per day + competitive
Posted: 23 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 28 days ago