The table below looks at the prevalence of the term Derivative in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 23 July 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
23 Jul 2016
Same period 2015 Same period 2014
Derivatives
Rank 89 78 68
Rank change year-on-year
-11 -10
Contract jobs citing Derivative 82 148 151
As % of all contract IT jobs located in the City of London 2.40% 2.50% 2.63%
As % of the Miscellaneous category 5.96% 6.50% 6.81%
Number of daily rates quoted 76 135 133
Median daily rate £550 £600 £550
Median daily rate % change year-on-year
-8.33% +9.09%
90% offered a daily rate of more than £450 £475 £405
10% offered a daily rate of more than £638 £690 £650
UK excluding London median daily rate £313 £450 £400
% change year-on-year
-30.55% +12.50%
Number of hourly rates quoted 2 0 0
Median hourly rate £65.00 - -
UK excluding London median hourly rate - - £42.00
Derivative
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1375 2277 2217
As % of all contract IT jobs located in the City of London 40.24% 38.43% 38.55%
Number of daily rates quoted 1111 1825 1609
Median daily rate £465 £475 £475
Median daily rate % change year-on-year
-2.10% -
90% offered a daily rate of more than £325 £300 £285
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 13 41 43
Median hourly rate £12.50 £20.00 £20.38
Median hourly rate % change year-on-year
-37.50% -1.84%
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

Derivative
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in the City of London

Derivative
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the City of London region.

Derivative Daily Rate Trend in the City of London

Derivative
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the City of London region over the 3 months to 23 July 2016.

Derivative Daily Rate Histogram in the City of London

Derivative
Hourly Rate Trend in the City of London

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

Derivative Hourly Rate Trend in the City of London

Derivative
Hourly Rate Histogram in the City of London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Derivative across the City of London region over the 3 months to 23 July 2016.

Derivative Hourly Rate Histogram in the City of London

Derivative
Top 30 Related IT Skills in the City of London

For the 6 months to 23 July 2016, IT contractor jobs citing 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 City of London region with a requirement for Derivative.

1 128 (64.00%) Finance
2 116 (58.00%) Banking
3 95 (47.50%) Java
4 64 (32.00%) Fixed Income
4 64 (32.00%) Agile Software Development
5 63 (31.50%) SQL
6 59 (29.50%) Foreign Exchange (FX)
6 59 (29.50%) Equities
6 59 (29.50%) Front Office
7 58 (29.00%) TDD
8 51 (25.50%) Investment Banking
9 50 (25.00%) Maven
10 45 (22.50%) Oracle
10 45 (22.50%) Unix
11 43 (21.50%) BDD
12 38 (19.00%) Analytical Skills
13 33 (16.50%) C#
14 29 (14.50%) Pair Programming
15 26 (13.00%) Equity Derivative
16 24 (12.00%) Risk Management
17 22 (11.00%) Spring
17 22 (11.00%) Eclipse
17 22 (11.00%) IntelliJ
17 22 (11.00%) Mentoring
18 21 (10.50%) Back Office
19 20 (10.00%) Tomcat
19 20 (10.00%) Windows
19 20 (10.00%) User Acceptance Testing
20 18 (9.00%) Linux
20 18 (9.00%) JMS

Derivative
Top Related IT Skills in the City of 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 20 (10.00%) Tomcat
2 9 (4.50%) Oracle Coherence
2 9 (4.50%) WebLogic
3 5 (2.50%) Apache
3 5 (2.50%) Mule
4 4 (2.00%) Apache Spark
4 4 (2.00%) MQSeries
5 3 (1.50%) Confluence
6 1 (0.50%) Apache Pig
6 1 (0.50%) GemFire
6 1 (0.50%) IIS
6 1 (0.50%) SharePoint
Applications
1 7 (3.50%) Spreadsheet
2 3 (1.50%) MS Excel
3 1 (0.50%) HipChat
3 1 (0.50%) MS PowerPoint
3 1 (0.50%) MS Project
3 1 (0.50%) MS Visio
3 1 (0.50%) Open Workbench
Business Applications
1 3 (1.50%) Sophis RISQUE
2 2 (1.00%) Bloomberg TOMS
2 2 (1.00%) ION MarketView
2 2 (1.00%) Loan IQ
2 2 (1.00%) Summit
2 2 (1.00%) SunGard GMI
3 1 (0.50%) Eikon
3 1 (0.50%) Endur
3 1 (0.50%) Front Arena
3 1 (0.50%) IntelliMatch
3 1 (0.50%) Kondor
3 1 (0.50%) SunGard Stream Clearvision
Cloud Services
1 3 (1.50%) Amazon AWS
2 1 (0.50%) Amazon EC2
2 1 (0.50%) AWS CloudFormation
2 1 (0.50%) Cloud Computing
2 1 (0.50%) Microsoft Azure
Communications & Networking
1 4 (2.00%) PuTTY
2 3 (1.50%) SAN
3 2 (1.00%) TCP/IP
3 2 (1.00%) VPN
4 1 (0.50%) DNS
4 1 (0.50%) Firewall
4 1 (0.50%) HTTP
4 1 (0.50%) Internet
4 1 (0.50%) Intranet
4 1 (0.50%) iSCSI
4 1 (0.50%) LAN
4 1 (0.50%) NAS
4 1 (0.50%) SSH
4 1 (0.50%) SSL
4 1 (0.50%) Wi-Fi
Database & Business Intelligence
1 14 (7.00%) Data Warehouse
2 9 (4.50%) BusinessObjects
3 8 (4.00%) SQL Server
4 5 (2.50%) Apache Cassandra
4 5 (2.50%) Hadoop
4 5 (2.50%) Oracle Database
4 5 (2.50%) QlikView
5 4 (2.00%) Big Data
5 4 (2.00%) BusinessObjects Web Intelligence
5 4 (2.00%) BusinessObjects XI
5 4 (2.00%) Crystal Reports
5 4 (2.00%) Oracle Reports
5 4 (2.00%) Relational Database
5 4 (2.00%) SQL Server Integration Services
5 4 (2.00%) SQL Server Reporting Services
6 3 (1.50%) NoSQL
7 2 (1.00%) Data Mart
7 2 (1.00%) RDBMS
7 2 (1.00%) Star Schema
8 1 (0.50%) SQL Server Analysis Services
Development Applications
1 50 (25.00%) Maven
2 22 (11.00%) Eclipse
2 22 (11.00%) IntelliJ
3 13 (6.50%) JIRA
4 7 (3.50%) Jenkins
5 6 (3.00%) Selenium
6 5 (2.50%) Cucumber
6 5 (2.50%) EasyMock
6 5 (2.50%) JMeter
6 5 (2.50%) JUnit
6 5 (2.50%) LoadRunner
6 5 (2.50%) Mockito
7 4 (2.00%) Atlassian Bamboo
7 4 (2.00%) ClearCase
8 2 (1.00%) PowerDesigner
8 2 (1.00%) Team Foundation Server
8 2 (1.00%) TeamCity
9 1 (0.50%) Git (software)
9 1 (0.50%) HP UFT
9 1 (0.50%) TestComplete
General
1 128 (64.00%) Finance
2 116 (58.00%) Banking
3 59 (29.50%) Front Office
4 51 (25.50%) Investment Banking
5 21 (10.50%) Back Office
6 3 (1.50%) Retail
7 2 (1.00%) Financial Institution
8 1 (0.50%) Advertising
8 1 (0.50%) French Language
8 1 (0.50%) General Ledger
8 1 (0.50%) German Language
8 1 (0.50%) Legal
8 1 (0.50%) Marketing
Job Titles
1 104 (52.00%) Developer
2 78 (39.00%) Java Developer
3 51 (25.50%) Analyst
4 43 (21.50%) Senior Developer
5 37 (18.50%) Senior Java Developer
6 35 (17.50%) Agile Developer
6 35 (17.50%) Agile Java Developer
7 22 (11.00%) Applications Support
7 22 (11.00%) Business Analyst
7 22 (11.00%) Senior Agile Developer
7 22 (11.00%) Senior Agile Java Developer
8 13 (6.50%) Support Analyst
9 12 (6.00%) Applications Support Analyst
9 12 (6.00%) Front Office Developer
10 10 (5.00%) Test Analyst
11 8 (4.00%) Banking Analyst
11 8 (4.00%) C# Developer
11 8 (4.00%) Consultant
12 7 (3.50%) Derivatives Business Analyst
12 7 (3.50%) Senior Analyst
Libraries, Frameworks & Software Standards
1 22 (11.00%) Spring
2 18 (9.00%) JMS
3 14 (7.00%) HTML
4 10 (5.00%) FIX Protocol
5 9 (4.50%) XML
6 8 (4.00%) .NET
7 7 (3.50%) AngularJS
7 7 (3.50%) WPF
8 6 (3.00%) ActiveMQ
8 6 (3.00%) Apache Camel
8 6 (3.00%) Hibernate
8 6 (3.00%) REST
8 6 (3.00%) SOAP
9 5 (2.50%) CSS
9 5 (2.50%) FpML
9 5 (2.50%) J2EE
9 5 (2.50%) Java EE
9 5 (2.50%) JAXB
9 5 (2.50%) JSP
9 5 (2.50%) Spring Boot
Miscellaneous
1 64 (32.00%) Fixed Income
2 59 (29.50%) Equities
2 59 (29.50%) Foreign Exchange (FX)
3 38 (19.00%) Analytical Skills
4 26 (13.00%) Equity Derivative
5 14 (7.00%) Credit Derivative
6 11 (5.50%) Market Risk
7 9 (4.50%) Grid Computing
8 8 (4.00%) Data Structures
9 7 (3.50%) OTC Derivatives
10 6 (3.00%) Fintech
11 4 (2.00%) Credit Risk
11 4 (2.00%) Hedge funds
12 2 (1.00%) Algorithms
12 2 (1.00%) Management Information System
12 2 (1.00%) SWIFT
13 1 (0.50%) Contract for Difference
13 1 (0.50%) Interest Rate Derivative
13 1 (0.50%) Mathematics
13 1 (0.50%) Private Cloud
Operating Systems
1 45 (22.50%) Unix
2 20 (10.00%) Windows
3 18 (9.00%) Linux
4 6 (3.00%) Windows Server
5 5 (2.50%) Solaris
6 3 (1.50%) Windows Server 2012
7 1 (0.50%) CentOS
7 1 (0.50%) Debian
7 1 (0.50%) Mac OS X
7 1 (0.50%) Ubuntu
Processes & Methodologies
1 64 (32.00%) Agile Software Development
2 58 (29.00%) TDD
3 43 (21.50%) BDD
4 29 (14.50%) Pair Programming
5 24 (12.00%) Risk Management
6 22 (11.00%) Mentoring
7 20 (10.00%) User Acceptance Testing
8 17 (8.50%) Unit Testing
9 15 (7.50%) Multithreading
10 14 (7.00%) OO
11 13 (6.50%) SDLC
12 12 (6.00%) Project Management
13 11 (5.50%) Business Analysis
14 10 (5.00%) Business Intelligence
14 10 (5.00%) ITIL
14 10 (5.00%) Workflow
15 8 (4.00%) Stakeholder Management
16 7 (3.50%) Asset Management
16 7 (3.50%) Data Modelling
16 7 (3.50%) Manual Testing
Programming Languages
1 95 (47.50%) Java
2 63 (31.50%) SQL
3 33 (16.50%) C#
4 18 (9.00%) Shell Script
5 15 (7.50%) C++
6 13 (6.50%) JavaScript
6 13 (6.50%) PL/SQL
7 12 (6.00%) Python
7 12 (6.00%) VB
8 10 (5.00%) Perl
9 8 (4.00%) Bash Shell
10 6 (3.00%) VBA
11 5 (2.50%) T-SQL
12 4 (2.00%) C
12 4 (2.00%) Haskell
12 4 (2.00%) Scala
13 3 (1.50%) VC++
13 3 (1.50%) XAML
14 1 (0.50%) Tcl
14 1 (0.50%) VBScript
Qualifications
1 8 (4.00%) Degree
2 3 (1.50%) CCA
2 3 (1.50%) Citrix Certification
3 1 (0.50%) ITIL Certification
Quality Assurance & Compliance
1 8 (4.00%) MiFID
1 8 (4.00%) QA
2 6 (3.00%) Dodd-Frank
3 3 (1.50%) EMIR
3 3 (1.50%) SLA
4 2 (1.00%) AIFMD
4 2 (1.00%) UCITS
5 1 (0.50%) Basel III
5 1 (0.50%) COREP
5 1 (0.50%) CRD IV
5 1 (0.50%) Data Quality
5 1 (0.50%) Disclosure Scotland
5 1 (0.50%) FATCA
5 1 (0.50%) Solvency II
System Software
1 3 (1.50%) VMware Infrastructure
1 3 (1.50%) XenApp
2 2 (1.00%) VMware ESX
3 1 (0.50%) Active Directory
3 1 (0.50%) Apache ZooKeeper
3 1 (0.50%) Docker
3 1 (0.50%) HDFS
3 1 (0.50%) VMware ESXi
Systems Management
1 9 (4.50%) Control-M
2 7 (3.50%) HP Quality Center
3 4 (2.00%) BladeLogic
4 3 (1.50%) AppDNA
4 3 (1.50%) ITRS Geneos
5 1 (0.50%) Ansible
5 1 (0.50%) Nagios
5 1 (0.50%) Opscode Chef
5 1 (0.50%) Puppet
5 1 (0.50%) ZABBIX
Vendors
1 45 (22.50%) Oracle
2 11 (5.50%) Sybase
3 8 (4.00%) Microsoft
3 8 (4.00%) Murex
3 8 (4.00%) Remedy
4 7 (3.50%) Bloomberg
4 7 (3.50%) DataSynapse
5 6 (3.00%) VMware
6 5 (2.50%) Atlassian
6 5 (2.50%) Citrix
6 5 (2.50%) HP
6 5 (2.50%) ION Trading
7 4 (2.00%) Fidessa
7 4 (2.00%) Informatica
8 3 (1.50%) Sophis
8 3 (1.50%) SunGard
9 2 (1.00%) Calypso
9 2 (1.00%) Reuters
10 1 (0.50%) Apple
10 1 (0.50%) TIBCO
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TEKsystems
Rate: £500 - £600 per day
Posted: 21 hours ago
City, London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 21 hours ago
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McGregor Boyall
Rate: £500 - £600 per day
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Harrington Starr
Rate: £500 - £650 per hour
Posted: 2 days ago
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TEKsystems
Rate: £350 - £450 per day
Posted: 21 hours ago
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McGregor Boyall
Rate: £600 - £650 per annum
Posted: 2 days ago
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TEKsystems
Rate: £400 - £500 per day
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ANSON MCCADE
Rate: Market £400 a day
Posted: 23 hours ago