The table below looks at the prevalence of the term DTCC in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited DTCC over the 3 months to 3 May 2016 with a comparison to the same period over 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.

3 months to
3 May 2016
Same period 2015 Same period 2014
The Depository Trust & Clearing Corporation (DTCC)
Rank 646 622 624
Rank change year-on-year
-24 +2
Contract jobs citing DTCC 1 18 6
As % of all contract IT jobs located in the UK 0.002% 0.032% 0.011%
As % of the Miscellaneous category 0.006% 0.10% 0.034%
Number of daily rates quoted 1 7 6
Median daily rate £576 £450 £530
Median daily rate % change year-on-year
+27.88% -15.09%
UK excluding London median daily rate - £375 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
18125 17694 17778
As % of all contract IT jobs located in the UK 32.60% 31.70% 32.09%
Number of daily rates quoted 11788 10715 10842
Median daily rate £425 £418 £401
Median daily rate % change year-on-year
+1.67% +4.36%
90% offered a daily rate of more than £265 £250 £225
10% offered a daily rate of more than £613 £600 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 603 694 769
Median hourly rate £22.00 £18.50 £21.00
Median hourly rate % change year-on-year
+18.91% -11.90%
90% offered a hourly rate of more than £12.49 £12.00 £11.50
10% offered a hourly rate of more than £47.39 £45.00 £42.50
UK excluding London median hourly rate £22.00 £19.00 £20.38
% change year-on-year
+15.78% -6.74%

DTCC
Jobs Demand Trend

The demand trend of contract jobs citing DTCC as a proportion of all IT contracts with a match in 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
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 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing DTCC within the UK over the 3 months to 3 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -34 1 £576 +16.26%
London -37 1 £576 +16.26%

DTCC
Top 16 Related IT Skills

For the 6 months to 3 May 2016, IT contractor jobs citing DTCC also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for DTCC.

1 2 (100.00%) SQL
1 2 (100.00%) Foreign Exchange (FX)
1 2 (100.00%) GAP Analysis
1 2 (100.00%) Front Office
1 2 (100.00%) Back Office
1 2 (100.00%) Finance
1 2 (100.00%) Stakeholder Management
1 2 (100.00%) Fixed Income
1 2 (100.00%) Equities
1 2 (100.00%) Agile Software Development
1 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
1 2 (100.00%) Derivative
1 2 (100.00%) MiFID
1 2 (100.00%) EMIR
1 2 (100.00%) Dodd-Frank

DTCC
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 2 (100.00%) Back Office
1 2 (100.00%) Banking
1 2 (100.00%) Finance
1 2 (100.00%) Front Office
1 2 (100.00%) Investment Banking
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Business Analyst
1 2 (100.00%) Business IT Analyst
1 2 (100.00%) IT Analyst
1 2 (100.00%) IT Business Analyst
1 2 (100.00%) Regulatory Business Analyst
2 1 (50.00%) Front Office Business Analyst
2 1 (50.00%) Regulatory Reporting Business Analyst
2 1 (50.00%) Report Analyst
Miscellaneous
1 2 (100.00%) Derivative
1 2 (100.00%) Equities
1 2 (100.00%) Fixed Income
1 2 (100.00%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (100.00%) Agile Software Development
1 2 (100.00%) GAP Analysis
1 2 (100.00%) Stakeholder Management
Programming Languages
1 2 (100.00%) SQL
Quality Assurance & Compliance
1 2 (100.00%) Dodd-Frank
1 2 (100.00%) EMIR
1 2 (100.00%) MiFID