The table below looks at the prevalence of the term Credit Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Credit Derivative over the 3 months to 27 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Credit Derivatives
England / London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 392 390 394
Rank change year-on-year -2 +4  
Contract jobs citing Credit Derivative 32 37 40
As % of all contract IT jobs advertised in London 0.15% 0.17% 0.17%
As % of the Miscellaneous category 0.40% 0.45% 0.47%
Number of daily rates quoted 25 30 33
Median daily rate £600 £638 £600
Median daily rate % change year-on-year -5.88% +6.25%  
90% offered a daily rate of more than £440 £600 £510
10% offered a daily rate of more than £650 £703 £690
UK excluding London median daily rate - - £550
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Credit Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 7968 8146 8471
As % of all contract IT job vacancies advertised in London 38.28% 37.40% 36.77%
Number of daily rates quoted 5701 5893 5999
Median daily rate £515 £475 £475
Median daily rate % change year-on-year +8.42% -  
90% offered a daily rate of more than £325 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 105 107 140
Median hourly rate £21.20 £20.26 £20.00
Median hourly rate % change year-on-year +4.63% +1.30%  
90% offered a hourly rate of more than £13.43 £12.50 £14.18
10% offered a hourly rate of more than £50.00 £50.00 £52.35
UK excluding London median hourly rate £25.00 £23.00 £18.88
% change year-on-year +8.69% +21.82%  

Credit Derivative
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Credit Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Credit Derivative in London

Credit Derivative
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Credit Derivative in London.

Contractor daily rate trend for Credit Derivative in London

Credit Derivative
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Credit Derivative in London over the 3 months to 27 June 2017.

Contractor daily rate histogram for Credit Derivative in London

Credit Derivative
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Credit Derivative in London.

Contractor hourly rate trend for Credit Derivative in London

Credit Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the London region over the 3 months to 27 June 2017. 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 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
City of London -2 4 £500 -23.07%
Docklands, London - 2 £575 -
Credit Derivative
England

For the 6 months to 27 June 2017, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Credit Derivative.

1 50 (100.00%) Derivative
2 25 (50.00%) Fixed Income
3 23 (46.00%) Finance
4 21 (42.00%) SQL
5 19 (38.00%) Foreign Exchange (FX)
5 19 (38.00%) Front Office
5 19 (38.00%) Banking
6 15 (30.00%) C#
6 15 (30.00%) Java
7 14 (28.00%) Oracle
8 13 (26.00%) Risk Management
8 13 (26.00%) Multithreading
9 12 (24.00%) Agile Software Development
10 10 (20.00%) Investment Banking
10 10 (20.00%) Scala
11 9 (18.00%) OO
12 8 (16.00%) Analytics
12 8 (16.00%) Analytical Skills
13 7 (14.00%) Interest Rate Derivative
13 7 (14.00%) Mathematics
13 7 (14.00%) Computer Science
13 7 (14.00%) Degree
13 7 (14.00%) Unix
13 7 (14.00%) C++
13 7 (14.00%) .NET
14 6 (12.00%) SQL Server
14 6 (12.00%) Python
14 6 (12.00%) BusinessObjects
14 6 (12.00%) Grid Computing
14 6 (12.00%) Global One

Credit Derivative
Co-occurring IT Skills in London 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:

Application Platforms
1 4 (8.00%) Elasticsearch
2 3 (6.00%) Tomcat
Business Applications
1 6 (12.00%) Global One
Database & Business Intelligence
1 6 (12.00%) BusinessObjects
1 6 (12.00%) BusinessObjects XI
1 6 (12.00%) SQL Server
1 6 (12.00%) SQL Server Analysis Services
2 5 (10.00%) ObjectStore
2 5 (10.00%) PostgreSQL
3 3 (6.00%) Relational Database
4 1 (2.00%) Oracle Database
Development Applications
1 2 (4.00%) NUnit
2 1 (2.00%) Jasmine
2 1 (2.00%) Karma Test Runner
2 1 (2.00%) Rhino Mocks
2 1 (2.00%) Subversion
2 1 (2.00%) TeamCity
General
1 23 (46.00%) Finance
2 19 (38.00%) Banking
2 19 (38.00%) Front Office
3 10 (20.00%) Investment Banking
4 2 (4.00%) Financial Institution
4 2 (4.00%) Legal
5 1 (2.00%) Back Office
5 1 (2.00%) French Language
5 1 (2.00%) Law
5 1 (2.00%) Prime Brokerage
Job Titles
1 37 (74.00%) Developer
2 14 (28.00%) Java Developer
3 12 (24.00%) Analyst
4 6 (12.00%) .NET Developer
4 6 (12.00%) C# Developer
4 6 (12.00%) C++ Developer
4 6 (12.00%) Java Scala Developer
4 6 (12.00%) Python Developer
4 6 (12.00%) Scala Developer
5 5 (10.00%) Front Office Developer
6 4 (8.00%) Oracle Developer
7 3 (6.00%) Applications Support
7 3 (6.00%) Applications Support Analyst
7 3 (6.00%) C# .NET Developer
7 3 (6.00%) Perl Developer
7 3 (6.00%) Qualitative Analyst
7 3 (6.00%) Quantitative Analyst
7 3 (6.00%) Quantitative Developer
7 3 (6.00%) Support Analyst
8 2 (4.00%) C# Developer - Investment Banking
Libraries, Frameworks & Software Standards
1 7 (14.00%) .NET
2 6 (12.00%) AngularJS
3 5 (10.00%) STL
4 4 (8.00%) Middleware
5 2 (4.00%) HTML
6 1 (2.00%) Akka
6 1 (2.00%) ASP.NET
6 1 (2.00%) ASP.NET MVC
6 1 (2.00%) ASP.NET Web API
6 1 (2.00%) COM
6 1 (2.00%) CSS
6 1 (2.00%) FpML
6 1 (2.00%) HTML5
6 1 (2.00%) RESTful
6 1 (2.00%) Web Services
6 1 (2.00%) WinForms
6 1 (2.00%) WPF
6 1 (2.00%) XML
6 1 (2.00%) XSLT
Miscellaneous
1 50 (100.00%) Derivative
2 25 (50.00%) Fixed Income
3 19 (38.00%) Foreign Exchange (FX)
4 8 (16.00%) Analytical Skills
5 7 (14.00%) Computer Science
5 7 (14.00%) Interest Rate Derivative
6 6 (12.00%) Credit Risk
6 6 (12.00%) Grid Computing
7 5 (10.00%) Algorithms
8 4 (8.00%) Data Structures
8 4 (8.00%) Mainframe
8 4 (8.00%) Market Risk
9 2 (4.00%) Equity Derivative
10 1 (2.00%) Equities
10 1 (2.00%) Greenfield Project
10 1 (2.00%) Hedge funds
10 1 (2.00%) Management Information System
10 1 (2.00%) OTC Derivatives
10 1 (2.00%) SWIFT
Operating Systems
1 7 (14.00%) Unix
2 5 (10.00%) Linux
2 5 (10.00%) Windows
Processes & Methodologies
1 13 (26.00%) Multithreading
1 13 (26.00%) Risk Management
2 12 (24.00%) Agile Software Development
3 9 (18.00%) OO
4 8 (16.00%) Analytics
5 7 (14.00%) Mathematics
6 6 (12.00%) Software Engineering
7 5 (10.00%) BDD
7 5 (10.00%) Change Management
7 5 (10.00%) Monte Carlo Method
7 5 (10.00%) Multithreaded Programming
7 5 (10.00%) OOD
7 5 (10.00%) Scrum
8 4 (8.00%) Data Analytics
8 4 (8.00%) Data Management
8 4 (8.00%) Functional Programming
8 4 (8.00%) Microservices
8 4 (8.00%) Migration
8 4 (8.00%) Performance Analysis
8 4 (8.00%) TDD
Programming Languages
1 21 (42.00%) SQL
2 15 (30.00%) C#
2 15 (30.00%) Java
3 10 (20.00%) Scala
4 7 (14.00%) C++
5 6 (12.00%) Python
6 3 (6.00%) Perl
7 2 (4.00%) JavaScript
7 2 (4.00%) R
8 1 (2.00%) F#
8 1 (2.00%) Haskell
8 1 (2.00%) VBA
8 1 (2.00%) VC++
Qualifications
1 7 (14.00%) Degree
2 4 (8.00%) Computer Science Degree
3 2 (4.00%) PhD
Quality Assurance & Compliance
1 2 (4.00%) MiFID
2 1 (2.00%) QA
Systems Management
1 1 (2.00%) HP Quality Center
Vendors
1 14 (28.00%) Oracle
2 2 (4.00%) Calypso
2 2 (4.00%) Murex
3 1 (2.00%) Microsoft