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 3 August 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
3 Aug 2015
Same period 2014 Same period 2013
Credit Derivatives
Rank 579 539 481
Rank change year-on-year
-40 -58
Contract jobs citing Credit Derivative 49 75 97
As % of all contract IT jobs located in the UK 0.086% 0.14% 0.19%
As % of the Miscellaneous category 0.27% 0.43% 0.58%
Number of daily rates quoted 38 54 66
Average daily rate
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£575 £600 £550
Average daily rate % change year-on-year
-4.16% +9.09%
90% offered a daily rate of more than £480 £450 £400
10% offered a daily rate of more than £633 £625 £663
UK excluding London average daily rate £550 - -
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
18025 17483 16801
As % of all contract IT jobs located in the UK 31.66% 31.95% 32.86%
Number of daily rates quoted 11347 10580 9963
Average daily rate £418 £400 £420
Average daily rate % change year-on-year
+4.37% -4.76%
90% offered a daily rate of more than £250 £238 £240
10% offered a daily rate of more than £610 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 679 674 726
Average hourly rate £20.00 £20.50 £22.00
Average hourly rate % change year-on-year
-2.43% -6.81%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £45.00 £42.50
UK excluding London average hourly rate £19.66 £21.00 £20.00
% change year-on-year
-6.38% +5.00%

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 3 August 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 3 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 3 August 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
England -38 46 £575 -4.16% 5
London -42 46 £575 -4.16% 5
City of London -12 18 £575 -4.16% 1

Credit Derivative
Top 30 Related IT Skills

For the 6 months to 3 August 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 84 (97.67%) Derivative
2 50 (58.14%) Finance
3 48 (55.81%) Front Office
4 40 (46.51%) Banking
5 32 (37.21%) C#
5 32 (37.21%) SQL
6 31 (36.05%) Agile Software Development
6 31 (36.05%) Investment Banking
7 29 (33.72%) Foreign Exchange (FX)
8 27 (31.40%) Fixed Income
9 23 (26.74%) OO
10 21 (24.42%) Risk Management
11 20 (23.26%) Workflow
11 20 (23.26%) .NET
11 20 (23.26%) Multithreading
12 18 (20.93%) Java
13 17 (19.77%) C++
14 15 (17.44%) FpML
15 14 (16.28%) SQL Server
15 14 (16.28%) Interest Rate Derivative
15 14 (16.28%) Equity Derivative
15 14 (16.28%) Analytical Skills
16 13 (15.12%) XML
17 12 (13.95%) Business Analysis
17 12 (13.95%) Credit Risk
17 12 (13.95%) Greeks
18 11 (12.79%) Oracle
18 11 (12.79%) VBA
19 9 (10.47%) JIRA
19 9 (10.47%) TDD

Credit Derivative
Top Related IT Skills by Category

For the 6 months to 3 August 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 6 (6.98%) MQSeries
2 5 (5.81%) Oracle Workflow
3 2 (2.33%) Confluence
3 2 (2.33%) Apache Spark
4 1 (1.16%) IIS
4 1 (1.16%) MTS
Applications
1 5 (5.81%) MS Office
2 1 (1.16%) MS Excel
2 1 (1.16%) MS PowerPoint
2 1 (1.16%) Spreadsheet
Business Applications
1 1 (1.16%) RMDS
Database & Business Intelligence
1 14 (16.28%) SQL Server
2 9 (10.47%) Relational Database
3 8 (9.30%) RDBMS
4 5 (5.81%) Big Data
4 5 (5.81%) Oracle Database
5 4 (4.65%) Impala
5 4 (4.65%) Hadoop
6 3 (3.49%) Apache Hive
6 3 (3.49%) HBase
7 2 (2.33%) BusinessObjects
7 2 (2.33%) SQL Server Analysis Services
8 1 (1.16%) QlikView
8 1 (1.16%) BusinessObjects XI
8 1 (1.16%) OLAP
Development Applications
1 9 (10.47%) JIRA
2 2 (2.33%) Visual Studio
2 2 (2.33%) Git (software)
3 1 (1.16%) SpecFlow
3 1 (1.16%) SonarQube
3 1 (1.16%) Subversion
3 1 (1.16%) TeamCity
General
1 50 (58.14%) Finance
2 48 (55.81%) Front Office
3 40 (46.51%) Banking
4 31 (36.05%) Investment Banking
5 7 (8.14%) Back Office
6 5 (5.81%) Legal
7 3 (3.49%) French Language
8 2 (2.33%) Advertising
9 1 (1.16%) Financial Institution
Job Titles
1 41 (47.67%) Developer
2 35 (40.70%) Analyst
3 29 (33.72%) Business Analyst
4 16 (18.60%) C# Developer
5 10 (11.63%) Senior Developer
6 9 (10.47%) Java Developer
7 7 (8.14%) Senior C# Developer
7 7 (8.14%) C++ Developer
8 6 (6.98%) Python Developer
9 5 (5.81%) Business Systems Analyst
9 5 (5.81%) Systems Analyst
10 3 (3.49%) Report Analyst
10 3 (3.49%) Senior Java Developer
10 3 (3.49%) Risk Analyst
10 3 (3.49%) Technical Business Analyst
10 3 (3.49%) Technical Analyst
10 3 (3.49%) WPF Developer
11 2 (2.33%) QA Analyst
11 2 (2.33%) IT Business Analyst
11 2 (2.33%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 20 (23.26%) .NET
2 15 (17.44%) FpML
3 13 (15.12%) XML
4 9 (10.47%) WPF
5 7 (8.14%) Rendezvous
6 6 (6.98%) ASP.NET
7 4 (4.65%) Reactive Extensions
8 3 (3.49%) HTML5
8 3 (3.49%) Akka
8 3 (3.49%) HTML
9 2 (2.33%) Web Services
9 2 (2.33%) JMS
10 1 (1.16%) FIX Protocol
10 1 (1.16%) Play Framework
10 1 (1.16%) ASP.NET Web API
10 1 (1.16%) REST
10 1 (1.16%) AngularJS
10 1 (1.16%) SignalR
Miscellaneous
1 84 (97.67%) Derivative
2 29 (33.72%) Foreign Exchange (FX)
3 27 (31.40%) Fixed Income
4 14 (16.28%) Interest Rate Derivative
4 14 (16.28%) Equity Derivative
4 14 (16.28%) Analytical Skills
5 12 (13.95%) Credit Risk
6 8 (9.30%) Equities
7 7 (8.14%) Management Information System
8 5 (5.81%) Market Risk
9 4 (4.65%) Reference Data
10 3 (3.49%) SWIFT
11 2 (2.33%) Swaptions
11 2 (2.33%) CUDA
11 2 (2.33%) Replication
11 2 (2.33%) Mathematics
12 1 (1.16%) Physics
12 1 (1.16%) Clustering
12 1 (1.16%) User Experience
Operating Systems
1 8 (9.30%) Windows
2 5 (5.81%) UNIX
3 2 (2.33%) Linux
Processes & Methodologies
1 31 (36.05%) Agile Software Development
2 23 (26.74%) OO
3 21 (24.42%) Risk Management
4 20 (23.26%) Workflow
4 20 (23.26%) Multithreading
5 12 (13.95%) Greeks
5 12 (13.95%) Business Analysis
6 9 (10.47%) TDD
6 9 (10.47%) SDLC
7 8 (9.30%) Analytics
7 8 (9.30%) User Acceptance Testing
7 8 (9.30%) Migration
7 8 (9.30%) UML
8 7 (8.14%) RUP
8 7 (8.14%) Data Modelling
8 7 (8.14%) Low Latency
9 6 (6.98%) Data Migration
9 6 (6.98%) Garbage Collection
9 6 (6.98%) Waterfall
9 6 (6.98%) BDD
Programming Languages
1 32 (37.21%) C#
1 32 (37.21%) SQL
2 18 (20.93%) Java
3 17 (19.77%) C++
4 11 (12.79%) VBA
5 7 (8.14%) Python
6 4 (4.65%) Haskell
6 4 (4.65%) F#
6 4 (4.65%) Scala
7 2 (2.33%) Perl
8 1 (1.16%) PL/SQL
8 1 (1.16%) MATLAB
8 1 (1.16%) T-SQL
8 1 (1.16%) R
Qualifications
1 2 (2.33%) PhD
1 2 (2.33%) Degree
Quality Assurance & Compliance
1 7 (8.14%) Dodd-Frank
2 5 (5.81%) Basel III
3 4 (4.65%) CRD IV
3 4 (4.65%) COREP
4 3 (3.49%) QA
5 2 (2.33%) Data Quality
System Software
1 4 (4.65%) HDFS
2 3 (3.49%) Apache Flume
Systems Management
1 3 (3.49%) Oozie
2 1 (1.16%) ITRS Geneos
2 1 (1.16%) Puppet
Vendors
1 11 (12.79%) Oracle
2 8 (9.30%) Microsoft
2 8 (9.30%) TIBCO
2 8 (9.30%) Tradeweb
3 7 (8.14%) Murex
4 6 (6.98%) IBM
5 3 (3.49%) Sybase
6 2 (2.33%) MicroStrategy
6 2 (2.33%) Bloomberg
6 2 (2.33%) Actian
7 1 (1.16%) MarketAxess
7 1 (1.16%) DevExpress
7 1 (1.16%) Red Gate
7 1 (1.16%) Cloudera
7 1 (1.16%) eSpeed
7 1 (1.16%) Perforce
7 1 (1.16%) ION Trading
7 1 (1.16%) DataSynapse
London
TEKsystems
Rate: £450 - £500 per day
Posted: 6 hours ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 4 days ago