DTCC Contracts

The Depository Trust & Clearing Corporation (DTCC)
UK

The table below looks at the prevalence of the term DTCC in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited DTCC over the 6 months to 1 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 566 675 -
Rank change year-on-year +109 - -
Contract jobs citing DTCC 9 7 0
As % of all contract jobs advertised in the UK 0.021% 0.012% -
As % of the Miscellaneous category 0.069% 0.037% -
Number of daily rates quoted 8 3 0
10th Percentile £108 £364 -
25th Percentile £113 £460 -
Median daily rate (50th Percentile) £175 £640 -
Median % change year-on-year -72.66% - -
75th Percentile £550 £730 -
90th Percentile - £772 -
UK excluding London median daily rate £130 - -

All Generic Skills
UK

DTCC is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,955 18,685 29,032
As % of all contract IT jobs advertised in the UK 30.09% 33.33% 33.14%
Number of daily rates quoted 8,317 12,877 20,364
10th Percentile £270 £313 £315
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £770
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +11.43%
Number of hourly rates quoted 922 612 691
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.18 £10.63 £17.19
Median hourly rate £35.00 £22.13 £26.98
Median % change year-on-year +58.19% -17.99% +5.80%
75th Percentile £61.30 £60.00 £50.00
90th Percentile £71.25 £74.93 £65.76
UK excluding London median hourly rate £34.61 £22.00 £21.25
% change year-on-year +57.30% +3.53% -7.61%

DTCC
Job Vacancy Trend

Job postings citing DTCC as a proportion of all IT jobs advertised.

Job vacancy trend for DTCC in the UK

DTCC
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing DTCC.

Daily rate trend for DTCC in the UK

DTCC
Daily Rate Histogram

Daily rate distribution for jobs citing DTCC over the 6 months to 1 June 2024.

Daily rate histogram for DTCC in the UK

DTCC
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing DTCC.

Hourly rate trend for DTCC in the UK

DTCC
Top 5 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 6 months to 1 June 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Scotland - 5 £130 -
UK excluding London - 5 £130 - 1
London +92 4 £550 -14.06% 1
England +84 4 £550 -14.06% 1
Work from Home +115 3 £550 -14.06% 1

DTCC
Co-occurring Skills and Capabilities by Category

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

Applications
1 5 (55.56%) Microsoft Excel
Cloud Services
1 5 (55.56%) Power Platform
Database & Business Intelligence
1 5 (55.56%) Power BI
General
1 6 (66.67%) Analytical Skills
1 6 (66.67%) Social Skills
2 5 (55.56%) Legal
3 4 (44.44%) Inclusion and Diversity
4 3 (33.33%) Back Office
5 1 (11.11%) Banking
5 1 (11.11%) Finance
5 1 (11.11%) Investment Banking
Job Titles
1 8 (88.89%) Analyst
2 4 (44.44%) Business Analyst
2 4 (44.44%) Operations Analyst
2 4 (44.44%) Regulatory Business Analyst
2 4 (44.44%) Report Analyst
3 3 (33.33%) Asset Management Analyst
3 3 (33.33%) Asset Management Business Analyst
Libraries, Frameworks & Software Standards
1 1 (11.11%) FpML
1 1 (11.11%) XML
Miscellaneous
1 5 (55.56%) Market Risk
2 3 (33.33%) Equities
3 1 (11.11%) Derivative
3 1 (11.11%) OTC Derivatives
Processes & Methodologies
1 6 (66.67%) Problem-Solving
2 5 (55.56%) Business Intelligence
3 3 (33.33%) Agile
3 3 (33.33%) Asset Management
3 3 (33.33%) Cash Management
3 3 (33.33%) Collateral Management
3 3 (33.33%) Investment Management
3 3 (33.33%) Runbook
3 3 (33.33%) Wealth Management
Programming Languages
1 1 (11.11%) SQL
Quality Assurance & Compliance
1 1 (11.11%) Dodd-Frank
1 1 (11.11%) EMIR
Vendors
1 5 (55.56%) Microsoft