The first 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 22 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category.

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
22 Jul 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank 511 464 524
Rank change year-on-year
-47 +60
Contract jobs citing Credit Derivative 61 102 67
As % of all contract IT jobs located in the UK 0.11% 0.20% 0.12%
As % of the Miscellaneous category 0.46% 0.75% 0.47%
Number of daily rates quoted 43 72 55
Average daily rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
13379 13567 14181
As % of all contract IT jobs located in the UK 25.21% 26.68% 24.50%
Number of daily rates quoted 8127 8189 8128
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £238 £235 £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 538 612 750
Average hourly rate £20.50 £22.00 £22.75
Average hourly rate % change year-on-year
-6.81% -3.29%
90% offered a hourly rate of more than £12.50 £12.42 £11.53
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £21.00 £21.00 £25.00
% change year-on-year
- -16.00%

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 22 July 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 5 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 22 July 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 -48 61 £600 +9.09% 11
London -26 60 £600 +9.09% 11
City of London -16 13 £600 +9.09% 4
County Londonderry - - - -
Northern Ireland - - - -

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 22 July 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.

1 145 (91.77%) Derivative
2 96 (60.76%) Banking
3 93 (58.86%) Front Office
4 71 (44.94%) Investment Banking
5 69 (43.67%) Finance
6 60 (37.97%) SQL
7 46 (29.11%) Oracle
8 44 (27.85%) Fixed Income
9 37 (23.42%) C++
10 36 (22.78%) Java
10 36 (22.78%) Foreign Exchange (FX)
10 36 (22.78%) Risk Management
10 36 (22.78%) Credit Risk
11 34 (21.52%) C#
11 34 (21.52%) Analytics
12 32 (20.25%) XML
12 32 (20.25%) TDD
13 31 (19.62%) OO
14 27 (17.09%) Risk Analytics
15 26 (16.46%) Business Analysis
16 23 (14.56%) Python
17 22 (13.92%) Back Office
17 22 (13.92%) Oracle Database
18 21 (13.29%) OOD
19 20 (12.66%) .NET
20 19 (12.03%) Linux
20 19 (12.03%) Software Engineering
21 17 (10.76%) Market Risk
22 16 (10.13%) Multithreading
22 16 (10.13%) Django

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 22 July 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 14 (8.86%) WebSphere
2 6 (3.80%) Oracle Workflow
3 4 (2.53%) GemFire
3 4 (2.53%) Oracle Coherence
4 1 (0.63%) Confluence
4 1 (0.63%) TIBCO ActiveMatrix
Applications
1 5 (3.16%) MS Excel
2 4 (2.53%) MS Visio
2 4 (2.53%) MS PowerPoint
3 1 (0.63%) Spreadsheet
3 1 (0.63%) MS Project
Business Applications
1 3 (1.90%) ION MarketView
1 3 (1.90%) Advent Geneva
2 1 (0.63%) Summit
Communications & Networking
1 1 (0.63%) TCP/IP
Database & Business Intelligence
1 22 (13.92%) Oracle Database
2 13 (8.23%) Oracle Database 10g
2 13 (8.23%) ObjectStore
2 13 (8.23%) SQL Server
2 13 (8.23%) PostgreSQL
3 8 (5.06%) Oracle Database 11g
4 7 (4.43%) Data Warehouse
4 7 (4.43%) Relational Database
5 6 (3.80%) MS Access
6 3 (1.90%) OLAP
7 2 (1.27%) Hazelcast
7 2 (1.27%) SQL Server Analysis Services
7 2 (1.27%) SQL Server 2008
7 2 (1.27%) Apache Cassandra
8 1 (0.63%) BusinessObjects Web Intelligence
8 1 (0.63%) Oracle OLAP
8 1 (0.63%) QlikView
8 1 (0.63%) Microsoft Analysis Services
8 1 (0.63%) SQL Server 2005
8 1 (0.63%) SQL Server Integration Services
Development Applications
1 9 (5.70%) TeamCity
2 7 (4.43%) JIRA
3 5 (3.16%) CruiseControl
3 5 (3.16%) Visual Studio
4 4 (2.53%) QuickTest Pro
5 2 (1.27%) Eclipse
5 2 (1.27%) IntelliJ
5 2 (1.27%) JUnit
6 1 (0.63%) Git (software)
6 1 (0.63%) StyleCop
6 1 (0.63%) Subversion
6 1 (0.63%) Toad
6 1 (0.63%) Jenkins
General
1 96 (60.76%) Banking
2 93 (58.86%) Front Office
3 71 (44.94%) Investment Banking
4 69 (43.67%) Finance
5 22 (13.92%) Back Office
6 7 (4.43%) Publishing
7 4 (2.53%) Billing
8 2 (1.27%) Legal
8 2 (1.27%) French Language
9 1 (0.63%) German Language
9 1 (0.63%) Swedish Language
9 1 (0.63%) Retail
9 1 (0.63%) Corporate Banking
9 1 (0.63%) Financial Institution
Job Titles
1 74 (46.84%) Analyst
2 61 (38.61%) Developer
3 48 (30.38%) Business Analyst
4 21 (13.29%) C++ Developer
5 18 (11.39%) Python Developer
6 14 (8.86%) C# Developer
7 12 (7.59%) Investment Banking Business Analyst
8 11 (6.96%) Support Analyst
9 10 (6.33%) C# .NET Developer
9 10 (6.33%) Credit Risk Analyst
9 10 (6.33%) Banking Business Analyst
10 9 (5.70%) Test Analyst
10 9 (5.70%) Java Developer
11 8 (5.06%) .NET Developer
11 8 (5.06%) Credit Risk Business Analyst
11 8 (5.06%) Author
12 6 (3.80%) Scala Developer
13 5 (3.16%) Tools Developer
13 5 (3.16%) Risk Analyst
13 5 (3.16%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 32 (20.25%) XML
2 20 (12.66%) .NET
3 16 (10.13%) Django
4 15 (9.49%) Boost C++ Libraries
4 15 (9.49%) Twisted
5 14 (8.86%) FpML
5 14 (8.86%) WebSphere MQ
6 13 (8.23%) WPF
6 13 (8.23%) ZeroMQ
7 12 (7.59%) HTML
7 12 (7.59%) STL
8 9 (5.70%) .NET Framework
8 9 (5.70%) WCF
9 7 (4.43%) LINQ
9 7 (4.43%) Middleware
9 7 (4.43%) XML Schema
9 7 (4.43%) FIXML
10 6 (3.80%) Akka
10 6 (3.80%) Hibernate
10 6 (3.80%) Spring
Miscellaneous
1 145 (91.77%) Derivative
2 44 (27.85%) Fixed Income
3 36 (22.78%) Foreign Exchange (FX)
3 36 (22.78%) Credit Risk
4 17 (10.76%) Market Risk
5 15 (9.49%) Equity Derivative
5 15 (9.49%) Equities
6 9 (5.70%) Interest Rate Derivative
7 8 (5.06%) Computer Science
8 6 (3.80%) Visualisation
9 3 (1.90%) Grid Computing
10 1 (0.63%) Inversion of Control
10 1 (0.63%) Reference Data
10 1 (0.63%) Data Integration
10 1 (0.63%) DTCC
10 1 (0.63%) Mathematics
10 1 (0.63%) Applied Mathematics
10 1 (0.63%) Hybrid Derivative
10 1 (0.63%) Client/Server
Operating Systems
1 19 (12.03%) Linux
2 15 (9.49%) Windows
3 12 (7.59%) UNIX
4 1 (0.63%) Oracle Linux
Processes & Methodologies
1 36 (22.78%) Risk Management
2 34 (21.52%) Analytics
3 32 (20.25%) TDD
4 31 (19.62%) OO
5 27 (17.09%) Risk Analytics
6 26 (16.46%) Business Analysis
7 21 (13.29%) OOD
8 19 (12.03%) Software Engineering
9 16 (10.13%) Multithreading
10 13 (8.23%) Electronic Trading
10 13 (8.23%) Workflow
11 12 (7.59%) Agile Software Development
11 12 (7.59%) Systems Analysis
12 9 (5.70%) Manual Testing
13 8 (5.06%) Use Case
13 8 (5.06%) User Acceptance Testing
14 7 (4.43%) Algorithmic Trading
14 7 (4.43%) Project Management
14 7 (4.43%) Dependency Management
14 7 (4.43%) Performance Tuning
Programming Languages
1 60 (37.97%) SQL
2 37 (23.42%) C++
3 36 (22.78%) Java
4 34 (21.52%) C#
5 23 (14.56%) Python
6 14 (8.86%) Scala
7 8 (5.06%) PL/SQL
8 6 (3.80%) VBA
9 5 (3.16%) JavaScript
10 2 (1.27%) Perl
10 2 (1.27%) T-SQL
10 2 (1.27%) F#
11 1 (0.63%) PowerShell
11 1 (0.63%) Korn
11 1 (0.63%) C
11 1 (0.63%) XAML
11 1 (0.63%) MATLAB
Qualifications
1 10 (6.33%) Degree
2 2 (1.27%) MBA
2 2 (1.27%) CFA
Quality Assurance & Compliance
1 10 (6.33%) Basel III
2 7 (4.43%) EMIR
3 6 (3.80%) Dodd-Frank
3 6 (3.80%) QA
4 2 (1.27%) CRD IV
5 1 (0.63%) GCP
Systems Management
1 4 (2.53%) HP Quality Center
2 3 (1.90%) ITRS Geneos
Vendors
1 46 (29.11%) Oracle
2 15 (9.49%) ION Trading
3 12 (7.59%) Bloomberg
4 11 (6.96%) Tradeweb
4 11 (6.96%) Sybase
5 9 (5.70%) DataSynapse
6 8 (5.06%) Calypso
7 7 (4.43%) CA
8 5 (3.16%) Microsoft
8 5 (3.16%) Murex
9 4 (2.53%) Remedy
9 4 (2.53%) TIBCO
9 4 (2.53%) MarketAxess
10 3 (1.90%) Wall Street Systems
10 3 (1.90%) Advent
10 3 (1.90%) Sun
11 2 (1.27%) 29West
12 1 (0.63%) DevExpress
12 1 (0.63%) Syncfusion
12 1 (0.63%) Atlassian
London
Aston Carter
Rate: £585 - £620 per day
Posted: Yesterday
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 4 days ago