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 28 May 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
28 May 2015
Same period 2014 Same period 2013
The Depository Trust & Clearing Corporation (DTCC)
Rank 579 589 535
Rank change year-on-year
+10 -54
Contract jobs citing DTCC 18 4 10
As % of all contract IT jobs located in the UK 0.033% 0.007% 0.021%
As % of the Miscellaneous category 0.10% 0.023% 0.065%
Number of daily rates quoted 7 4 7
Average daily rate
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£450 £580 £575
Average daily rate % change year-on-year
-22.41% +0.86%
90% offered a daily rate of more than £375 £553 £525
10% offered a daily rate of more than £595 £705 £635
UK excluding London average daily rate £375 - -
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
17367 17069 15456
As % of all contract IT jobs located in the UK 31.54% 31.50% 32.66%
Number of daily rates quoted 10676 10620 9104
Average daily rate £413 £405 £425
Average daily rate % change year-on-year
+1.85% -4.70%
90% offered a daily rate of more than £250 £232 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 691 680 661
Average hourly rate £18.61 £21.00 £22.50
Average hourly rate % change year-on-year
-11.40% -6.66%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £21.00 £21.00
% change year-on-year
-9.52% -

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 28 May 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 5 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 28 May 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 +28 14 £495 -14.65% 3
England -7 14 £495 -14.65% 3
Scotland - 4 £375 -
Glasgow - 4 £375 -
City of London +10 3 £450 -22.41% 2

DTCC
Top 30 Related IT Skills

For the 6 months to 28 May 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 9 (42.86%) SQL
2 8 (38.10%) EMIR
3 7 (33.33%) Asset Management
4 6 (28.57%) Agile Software Development
4 6 (28.57%) Banking
4 6 (28.57%) SimCorp
4 6 (28.57%) SimCorp Dimension
4 6 (28.57%) Cash Management
4 6 (28.57%) Front Office
4 6 (28.57%) Back Office
4 6 (28.57%) Data Structures
5 5 (23.81%) Finance
5 5 (23.81%) Foreign Exchange (FX)
5 5 (23.81%) Derivative
5 5 (23.81%) Investment Banking
5 5 (23.81%) Equities
6 4 (19.05%) Loan IQ
6 4 (19.05%) Data Modelling
6 4 (19.05%) C#
6 4 (19.05%) Java
7 3 (14.29%) Project Management
7 3 (14.29%) Sarbanes-Oxley
7 3 (14.29%) Perl
7 3 (14.29%) DB2
7 3 (14.29%) XML
7 3 (14.29%) Charles River
7 3 (14.29%) Business Analysis
7 3 (14.29%) FIX Protocol
7 3 (14.29%) HP Quality Center
7 3 (14.29%) Dodd-Frank

DTCC
Top Related IT Skills by Category

For the 6 months to 28 May 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 2 (9.52%) MQSeries
2 1 (4.76%) CMS
Business Applications
1 6 (28.57%) SimCorp Dimension
2 4 (19.05%) Loan IQ
Database & Business Intelligence
1 3 (14.29%) DB2
General
1 6 (28.57%) Banking
1 6 (28.57%) Front Office
1 6 (28.57%) Back Office
2 5 (23.81%) Finance
2 5 (23.81%) Investment Banking
3 1 (4.76%) Financial Institution
Job Titles
1 12 (57.14%) Analyst
2 10 (47.62%) Business Analyst
3 6 (28.57%) Senior Analyst
3 6 (28.57%) Senior Business Analyst
4 4 (19.05%) Developer
5 2 (9.52%) Test Manager
6 1 (4.76%) AWS Developer
6 1 (4.76%) Report Analyst
6 1 (4.76%) Project Manager
6 1 (4.76%) Banking Business Analyst
6 1 (4.76%) Investment Banking Business Analyst
6 1 (4.76%) IT Business Analyst
6 1 (4.76%) Functional Analyst
6 1 (4.76%) C# Developer
6 1 (4.76%) Operations Analyst
Libraries, Frameworks & Software Standards
1 3 (14.29%) XML
1 3 (14.29%) FIX Protocol
2 2 (9.52%) XML Messaging
3 1 (4.76%) FpML
Miscellaneous
1 6 (28.57%) Data Structures
2 5 (23.81%) Foreign Exchange (FX)
2 5 (23.81%) Derivative
2 5 (23.81%) Equities
3 2 (9.52%) Management Information System
4 1 (4.76%) Fixed Income
4 1 (4.76%) ASIC
4 1 (4.76%) Swaptions
4 1 (4.76%) Analytical Skills
4 1 (4.76%) Interest Rate Derivative
Operating Systems
1 2 (9.52%) UNIX
1 2 (9.52%) Linux
Processes & Methodologies
1 7 (33.33%) Asset Management
2 6 (28.57%) Agile Software Development
2 6 (28.57%) Cash Management
3 4 (19.05%) Data Modelling
4 3 (14.29%) Project Management
4 3 (14.29%) Business Analysis
4 3 (14.29%) Data Management
5 2 (9.52%) Document Management
5 2 (9.52%) Software Testing
5 2 (9.52%) Test Strategy
5 2 (9.52%) Agile Testing
5 2 (9.52%) User Acceptance Testing
5 2 (9.52%) Test Management
5 2 (9.52%) Workflow
5 2 (9.52%) System Integration Testing
6 1 (4.76%) Critical Success Factor
6 1 (4.76%) Risk Management
6 1 (4.76%) Stakeholder Management
6 1 (4.76%) GAP Analysis
6 1 (4.76%) Use Case
Programming Languages
1 9 (42.86%) SQL
2 4 (19.05%) C#
2 4 (19.05%) Java
3 3 (14.29%) Perl
Qualifications
1 2 (9.52%) ISEB Practitioner
1 2 (9.52%) ISEB
Quality Assurance & Compliance
1 8 (38.10%) EMIR
2 3 (14.29%) Sarbanes-Oxley
2 3 (14.29%) Dodd-Frank
3 2 (9.52%) MiFID
4 1 (4.76%) Solvency II
Systems Management
1 3 (14.29%) HP Quality Center
Vendors
1 6 (28.57%) SimCorp
2 3 (14.29%) Charles River
3 2 (9.52%) Misys
4 1 (4.76%) Oracle
4 1 (4.76%) Informatica
4 1 (4.76%) Wall Street Systems
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 5 days ago