The table below looks at the prevalence of the term DTCC in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited DTCC over the 3 months to 4 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
4 Aug 2015
Same period 2014 Same period 2013
The Depository Trust & Clearing Corporation (DTCC)
Rank 608 590 567
Rank change year-on-year
-18 -23
Contract jobs citing DTCC 14 10 9
As % of all contract IT jobs located in the UK 0.025% 0.018% 0.018%
As % of the Miscellaneous category 0.078% 0.057% 0.054%
Number of daily rates quoted 11 9 6
Average daily rate
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£575 £550 £588
Average daily rate % change year-on-year
+4.54% -6.38%
90% offered a daily rate of more than £450 £515 £525
10% offered a daily rate of more than £700 £630 £638
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
18011 17485 16779
As % of all contract IT jobs located in the UK 31.63% 32.00% 32.81%
Number of daily rates quoted 11335 10583 9950
Average daily rate £420 £400 £420
Average daily rate % change year-on-year
+5.00% -4.76%
90% offered a daily rate of more than £250 £238 £240
10% offered a daily rate of more than £612 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 683 672 720
Average hourly rate £20.00 £20.50 £21.45
Average hourly rate % change year-on-year
-2.43% -4.42%
90% offered a hourly rate of more than £12.25 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £45.00 £42.50
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

DTCC
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing DTCC within the UK as a proportion of the total demand within the Miscellaneous category.

DTCC Jobs Demand Trend in the UK

DTCC
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing DTCC within the UK.

DTCC Daily Rate Trend in the UK

DTCC
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing DTCC within the UK over the 3 months to 4 August 2015.

DTCC Daily Rate Histogram in the UK

DTCC
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing DTCC within the UK.

DTCC Hourly Rate Trend in the UK

DTCC
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 DTCC within the UK over the 3 months to 4 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
London +6 14 £575 +4.54% 1
England -15 14 £575 +4.54% 1
City of London -14 3 £475 -13.63%

DTCC
Top 30 Related IT Skills

For the 6 months to 4 August 2015, IT contractor jobs within the UK citing DTCC 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 DTCC.

1 17 (53.13%) Banking
2 16 (50.00%) EMIR
3 15 (46.88%) Investment Banking
4 14 (43.75%) Derivative
5 12 (37.50%) Dodd-Frank
6 11 (34.38%) SQL
7 9 (28.13%) Foreign Exchange (FX)
8 8 (25.00%) Back Office
8 8 (25.00%) Finance
8 8 (25.00%) Equities
8 8 (25.00%) Asset Management
9 7 (21.88%) Front Office
9 7 (21.88%) XML
10 6 (18.75%) FpML
10 6 (18.75%) Business Analysis
10 6 (18.75%) SimCorp
10 6 (18.75%) SimCorp Dimension
10 6 (18.75%) Agile Software Development
10 6 (18.75%) Cash Management
10 6 (18.75%) Data Structures
11 5 (15.63%) User Acceptance Testing
11 5 (15.63%) Java
12 4 (12.50%) C#
12 4 (12.50%) Data Modelling
12 4 (12.50%) Loan IQ
12 4 (12.50%) MiFID
12 4 (12.50%) FIX Protocol
13 3 (9.38%) Data Management
13 3 (9.38%) HP Quality Center
13 3 (9.38%) Test Strategy

DTCC
Top Related IT Skills by Category

For the 6 months to 4 August 2015, IT contractor jobs within the UK citing DTCC 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 DTCC. Up to 20 skills are shown per category.

Application Platforms
1 3 (9.38%) MQSeries
2 1 (3.13%) Oracle Coherence
Business Applications
1 6 (18.75%) SimCorp Dimension
2 4 (12.50%) Loan IQ
Communications & Networking
1 1 (3.13%) DSL
Database & Business Intelligence
1 3 (9.38%) DB2
2 2 (6.25%) NoSQL
General
1 17 (53.13%) Banking
2 15 (46.88%) Investment Banking
3 8 (25.00%) Back Office
3 8 (25.00%) Finance
4 7 (21.88%) Front Office
5 1 (3.13%) Financial Institution
5 1 (3.13%) Legal
Job Titles
1 19 (59.38%) Analyst
2 17 (53.13%) Business Analyst
3 6 (18.75%) Senior Business Analyst
3 6 (18.75%) Senior Analyst
4 5 (15.63%) IT Business Analyst
5 4 (12.50%) Developer
6 3 (9.38%) Project Manager
7 2 (6.25%) Architect
7 2 (6.25%) Report Analyst
7 2 (6.25%) Test Manager
7 2 (6.25%) Banking Business Analyst
7 2 (6.25%) Investment Banking Business Analyst
7 2 (6.25%) Technical Architect
8 1 (3.13%) AWS Developer
8 1 (3.13%) Data Analyst
8 1 (3.13%) C# Developer
8 1 (3.13%) Functional Analyst
8 1 (3.13%) Test Analyst
Libraries, Frameworks & Software Standards
1 7 (21.88%) XML
2 6 (18.75%) FpML
3 4 (12.50%) FIX Protocol
4 3 (9.38%) Middleware
5 2 (6.25%) HTML
5 2 (6.25%) Apache Flex
5 2 (6.25%) XML Messaging
5 2 (6.25%) HTML5
6 1 (3.13%) Drools
6 1 (3.13%) XSLT
Miscellaneous
1 14 (43.75%) Derivative
2 9 (28.13%) Foreign Exchange (FX)
3 8 (25.00%) Equities
4 6 (18.75%) Data Structures
5 3 (9.38%) Fixed Income
5 3 (9.38%) Reference Data
6 2 (6.25%) Interest Rate Derivative
6 2 (6.25%) Management Information System
7 1 (3.13%) ASIC
7 1 (3.13%) Swaptions
7 1 (3.13%) Analytical Skills
Operating Systems
1 3 (9.38%) UNIX
2 2 (6.25%) Linux
Processes & Methodologies
1 8 (25.00%) Asset Management
2 6 (18.75%) Business Analysis
2 6 (18.75%) Cash Management
2 6 (18.75%) Agile Software Development
3 5 (15.63%) User Acceptance Testing
4 4 (12.50%) Data Modelling
5 3 (9.38%) Project Management
5 3 (9.38%) Data Management
5 3 (9.38%) Test Strategy
5 3 (9.38%) Stakeholder Management
6 2 (6.25%) Workflow
6 2 (6.25%) System Integration Testing
6 2 (6.25%) Agile Testing
6 2 (6.25%) Performance Tuning
6 2 (6.25%) Performance Analysis
6 2 (6.25%) Document Management
6 2 (6.25%) Data Analysis
6 2 (6.25%) GAP Analysis
6 2 (6.25%) SOA
6 2 (6.25%) Test Management
Programming Languages
1 11 (34.38%) SQL
2 5 (15.63%) Java
3 4 (12.50%) C#
4 3 (9.38%) Perl
Qualifications
1 2 (6.25%) ISEB
1 2 (6.25%) ISEB Practitioner
2 1 (3.13%) Degree
Quality Assurance & Compliance
1 16 (50.00%) EMIR
2 12 (37.50%) Dodd-Frank
3 4 (12.50%) MiFID
4 3 (9.38%) QA
4 3 (9.38%) Sarbanes-Oxley
5 2 (6.25%) Solvency II
Systems Management
1 3 (9.38%) HP Quality Center
Vendors
1 6 (18.75%) SimCorp
2 3 (9.38%) Oracle
2 3 (9.38%) Charles River
3 1 (3.13%) Misys
3 1 (3.13%) Wall Street Systems