The first 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 17 May 2013 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
17 May 2013
Same period 2012 Same period 2011
The Depository Trust & Clearing Corporation (DTCC)
Rank 519 573 550
Rank change year-on-year
+54 -23
Contract jobs citing DTCC 11 5 38
As % of all contract IT jobs located in the UK 0.024% 0.009% 0.062%
As % of the Miscellaneous category 0.090% 0.035% 0.220%
Number of daily rates quoted 8 4 32
Average daily rate £563 £538 £588
Average daily rate % change year-on-year
+4.65% -8.51%
90% offered a daily rate of more than £525 £282 £505
10% offered a daily rate of more than £633 £625 £613
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
12228 14275 17282
As % of all contract IT jobs located in the UK 26.35% 24.50% 28.19%
Number of daily rates quoted 7363 8396 10253
Average daily rate £430 £425 £525
Average daily rate % change year-on-year
+1.17% -19.04%
90% offered a daily rate of more than £245 £251 £280
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £350 £342 £340
% change year-on-year
+2.41% +0.51%
Number of hourly rates quoted 541 663 728
Average hourly rate £22.50 £23.00 £23.36
Average hourly rate % change year-on-year
-2.17% -1.54%
90% offered a hourly rate of more than £12.49 £12.50 £11.32
10% offered a hourly rate of more than £45.00 £45.00 £40.50
UK excluding London average hourly rate £22.00 £24.50 £26.50
% change year-on-year
-10.20% -7.54%

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

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

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 17 May 2013.

DTCC Daily Rate Histogram

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

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 17 May 2013. 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
(Click each for more statistics)
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
England +54 11 £563 +4.65%
London +27 11 £563 +4.65%
City of London +12 2 £581 +29.16%

DTCC
Top 30 Related IT Skills

For the 6 months to 17 May 2013, 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 12 (70.59%) Derivative
2 5 (29.41%) Banking
2 5 (29.41%) Finance
2 5 (29.41%) SQL
3 4 (23.53%) Data Warehouse
3 4 (23.53%) Investment Banking
4 3 (17.65%) Business Analysis
4 3 (17.65%) Equity Derivative
4 3 (17.65%) FpML
4 3 (17.65%) XML
4 3 (17.65%) ETL
4 3 (17.65%) Front Office
4 3 (17.65%) User Acceptance Testing
5 2 (11.76%) QA
5 2 (11.76%) Foreign Exchange (FX)
5 2 (11.76%) Data Modelling
5 2 (11.76%) Equities
6 1 (5.882%) Project Management
6 1 (5.882%) Data Analysis
6 1 (5.882%) Degree
6 1 (5.882%) MiFID
6 1 (5.882%) Interest Rate Derivative
6 1 (5.882%) BPR
6 1 (5.882%) ISEB
6 1 (5.882%) Back Office
6 1 (5.882%) Migration
6 1 (5.882%) Stakeholder Management
6 1 (5.882%) XML Messaging
6 1 (5.882%) Thunderhead
6 1 (5.882%) Test Management

DTCC
Top Related IT Skills by Category

For the 6 months to 17 May 2013, 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 Development
1 3 (17.65%) XML
1 3 (17.65%) FpML
2 1 (5.882%) XML Messaging
Database & Business Intelligence
1 4 (23.53%) Data Warehouse
General
1 5 (29.41%) Finance
1 5 (29.41%) Banking
2 4 (23.53%) Investment Banking
3 3 (17.65%) Front Office
4 1 (5.882%) Back Office
Job Titles
1 16 (94.12%) Analyst
2 13 (76.47%) Business Analyst
3 4 (23.53%) Technical Analyst
3 4 (23.53%) Technical Business Analyst
4 3 (17.65%) Documentation Analyst
4 3 (17.65%) Senior Business Analyst
4 3 (17.65%) Report Analyst
4 3 (17.65%) Senior Analyst
5 1 (5.882%) Senior Technical Analyst
5 1 (5.882%) Project Manager
5 1 (5.882%) Payments Business Analyst
5 1 (5.882%) IT Business Analyst
Miscellaneous
1 12 (70.59%) Derivative
2 3 (17.65%) Equity Derivative
3 2 (11.76%) Foreign Exchange (FX)
3 2 (11.76%) Equities
4 1 (5.882%) Interest Rate Derivative
Processes & Methodologies
1 3 (17.65%) ETL
1 3 (17.65%) Business Analysis
1 3 (17.65%) User Acceptance Testing
2 2 (11.76%) Data Modelling
3 1 (5.882%) Test Management
3 1 (5.882%) Test Scripting
3 1 (5.882%) Time Management
3 1 (5.882%) Data Migration
3 1 (5.882%) BPR
3 1 (5.882%) Project Management
3 1 (5.882%) Migration
3 1 (5.882%) Stakeholder Management
3 1 (5.882%) Data Analysis
Programming Languages
1 5 (29.41%) SQL
Qualifications
1 1 (5.882%) ISEB
1 1 (5.882%) Degree
Quality Assurance & Compliance
1 2 (11.76%) QA
2 1 (5.882%) MiFID
Systems Management
1 1 (5.882%) HP Quality Center
Vendors
1 1 (5.882%) Thunderhead
City of London
Skills:-Project Manager in Investment Banking-Strong Derivatives knowledge -Knowledge of Trade Flows-SDLC-EMIR Knowledge would be very useful-Stakeholder management-Ability to manage a team on...
Huxley Associates
Rate: £550 - £700 per day
Posted: 15 May 2013