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 average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 28 April 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 Apr 2015
Same period 2014 Same period 2013
Derivatives
Rank 64 44 34
Rank change year-on-year
-20 -10
Contract jobs citing Derivative 159 251 291
As % of all contract IT jobs located in the City of London 2.91% 4.04% 4.62%
As % of the Miscellaneous category 8.03% 10.72% 12.45%
Number of daily rates quoted 136 222 248
Average daily rate
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of your Daily Rate
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£575 £575 £550
Average daily rate % change year-on-year
- +4.54%
90% offered a daily rate of more than £456 £450 £425
10% offered a daily rate of more than £663 £700 £675
UK excluding London average daily rate £394 £375 £370
% change year-on-year
+5.00% +1.35%
Number of hourly rates quoted 0 4 0
Average hourly rate - £22.50 -
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%
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
1981 2341 2337
As % of all contract IT jobs located in the City of London 36.24% 37.69% 37.12%
Number of daily rates quoted 1517 1760 1737
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £345
% change year-on-year
+7.14% +1.44%
Number of hourly rates quoted 27 34 51
Average hourly rate £18.70 £22.50 £22.00
Average hourly rate % change year-on-year
-16.88% +2.27%
90% offered a hourly rate of more than £15.26 £12.40 £16.00
10% offered a hourly rate of more than £84.80 £43.09 £135.00
UK excluding London average hourly rate £19.00 £22.00 £21.25
% change year-on-year
-13.63% +3.52%

Derivative
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the City of London region as a proportion of the total demand within 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 28 April 2015.

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
Top 30 Related IT Skills in the City of London

For the 6 months to 28 April 2015, IT contractor jobs across the City of London region citing Derivative 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 Derivative.

1 174 (47.15%) Banking
2 153 (41.46%) Java
3 147 (39.84%) Front Office
4 133 (36.04%) SQL
5 122 (33.06%) Agile Software Development
6 109 (29.54%) Finance
7 102 (27.64%) C#
8 94 (25.47%) Investment Banking
9 89 (24.12%) Equity Derivative
10 70 (18.97%) Equities
10 70 (18.97%) UNIX
10 70 (18.97%) Foreign Exchange (FX)
11 68 (18.43%) .NET
12 63 (17.07%) OO
13 52 (14.09%) TDD
14 48 (13.01%) Fixed Income
15 43 (11.65%) C++
15 43 (11.65%) Analytical Skills
16 38 (10.30%) SQL Server
17 37 (10.03%) Oracle
17 37 (10.03%) Data Modelling
17 37 (10.03%) Multithreading
18 34 (9.21%) Linux
19 33 (8.94%) VBA
20 32 (8.67%) Risk Management
20 32 (8.67%) Relational Database
21 31 (8.40%) BDD
22 30 (8.13%) Back Office
23 29 (7.86%) WPF
24 28 (7.59%) OOP

Derivative
Top Related IT Skills in the City of London by Category

For the 6 months to 28 April 2015, IT contractor jobs across the City of London region citing Derivative 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 Derivative. Up to 20 skills are shown per category.

Application Platforms
1 8 (2.17%) WebSphere
2 6 (1.63%) Node.js
3 2 (0.54%) SharePoint 2013
3 2 (0.54%) Tomcat
3 2 (0.54%) SharePoint
4 1 (0.27%) Oracle Coherence
4 1 (0.27%) Lync
Applications
1 14 (3.79%) MS Excel
2 7 (1.90%) Spreadsheet
3 6 (1.63%) MS PowerPoint
4 5 (1.36%) MS Visio
4 5 (1.36%) MS Office
5 2 (0.54%) Acrobat
6 1 (0.27%) MS Project
Business Applications
1 8 (2.17%) Markit EDM
2 7 (1.90%) Sentinel
3 6 (1.63%) SunGard GMI
4 4 (1.08%) thinkFolio
4 4 (1.08%) LatentZero
5 2 (0.54%) Tesseract
5 2 (0.54%) Minerva
5 2 (0.54%) Oracle Applications
5 2 (0.54%) Summit
5 2 (0.54%) FLEXCUBE
5 2 (0.54%) RMDS
5 2 (0.54%) SunGard Stream Clearvision
5 2 (0.54%) IntelliMatch
6 1 (0.27%) Endur
6 1 (0.27%) Temenos T24
6 1 (0.27%) Eagle PACE
6 1 (0.27%) SunGard Stream Ubix
Communications & Networking
1 2 (0.54%) TCP/IP
2 1 (0.27%) Firewall
2 1 (0.27%) Unified Communications
Database & Business Intelligence
1 38 (10.30%) SQL Server
2 32 (8.67%) Relational Database
3 23 (6.23%) RDBMS
4 10 (2.71%) SQL Server 2008
5 9 (2.44%) SQL Server Integration Services
6 6 (1.63%) DB2
6 6 (1.63%) Data Warehouse
7 5 (1.36%) MS Access
8 4 (1.08%) Data Mining
8 4 (1.08%) Big Data
8 4 (1.08%) Oracle Database
9 3 (0.81%) Hadoop
9 3 (0.81%) SQL Server Reporting Services
10 2 (0.54%) Crystal Reports
10 2 (0.54%) SQL Server 2005
11 1 (0.27%) Impala
11 1 (0.27%) QlikView
11 1 (0.27%) Oracle Reports
11 1 (0.27%) DTS
11 1 (0.27%) Sybase ASE
Development Applications
1 27 (7.32%) TeamCity
2 21 (5.69%) Maven
3 18 (4.88%) JUnit
4 17 (4.61%) JIRA
5 15 (4.07%) Ant
5 15 (4.07%) CruiseControl
6 10 (2.71%) Visual Studio
7 9 (2.44%) Eclipse
8 7 (1.90%) Subversion
9 6 (1.63%) Team Foundation Server
10 4 (1.08%) Cucumber
10 4 (1.08%) NUnit
11 3 (0.81%) IntelliJ
12 2 (0.54%) Toad
12 2 (0.54%) RequisitePro
12 2 (0.54%) ProC
12 2 (0.54%) ClearCase
12 2 (0.54%) Rational Rose
12 2 (0.54%) JBehave
12 2 (0.54%) Rhino Mocks
General
1 174 (47.15%) Banking
2 147 (39.84%) Front Office
3 109 (29.54%) Finance
4 94 (25.47%) Investment Banking
5 30 (8.13%) Back Office
6 23 (6.23%) Telecoms
7 9 (2.44%) Legal
8 3 (0.81%) Advertising
9 2 (0.54%) General Ledger
9 2 (0.54%) Corporate Banking
10 1 (0.27%) Marketing
10 1 (0.27%) French Language
10 1 (0.27%) Retail Banking
10 1 (0.27%) Retail
Job Titles
1 199 (53.93%) Developer
2 112 (30.35%) Analyst
3 83 (22.49%) Java Developer
4 59 (15.99%) C# Developer
5 55 (14.91%) Business Analyst
6 49 (13.28%) Senior Developer
7 20 (5.42%) Senior C# Developer
8 19 (5.15%) Java Programmer
8 19 (5.15%) Java Analyst Programmer
8 19 (5.15%) Analyst Programmer
8 19 (5.15%) Programmer
9 18 (4.88%) Applications Support
10 17 (4.61%) Support Analyst
10 17 (4.61%) Senior Java Developer
11 16 (4.34%) C++ Developer
12 13 (3.52%) C# .NET Developer
13 12 (3.25%) Python Developer
14 11 (2.98%) Applications Support Analyst
15 10 (2.71%) .NET Developer
15 10 (2.71%) VBA Developer
Libraries, Frameworks & Software Standards
1 68 (18.43%) .NET
2 29 (7.86%) WPF
3 24 (6.50%) FIX Protocol
3 24 (6.50%) WCF
4 22 (5.96%) HTML
5 20 (5.42%) XML
6 17 (4.61%) HTML5
6 17 (4.61%) Spring
7 16 (4.34%) JMS
8 15 (4.07%) JDBC
8 15 (4.07%) WinForms
9 14 (3.79%) Swing
9 14 (3.79%) AngularJS
10 13 (3.52%) REST
11 12 (3.25%) .NET Framework
12 9 (2.44%) RESTful
13 8 (2.17%) Web Services
13 8 (2.17%) FpML
14 7 (1.90%) MSMQ
15 6 (1.63%) WebSphere MQ
Miscellaneous
1 89 (24.12%) Equity Derivative
2 70 (18.97%) Equities
2 70 (18.97%) Foreign Exchange (FX)
3 48 (13.01%) Fixed Income
4 43 (11.65%) Analytical Skills
5 25 (6.78%) Credit Derivative
6 24 (6.50%) Mathematics
6 24 (6.50%) Computer Science
7 14 (3.79%) Interest Rate Derivative
8 8 (2.17%) Management Information System
9 7 (1.90%) Market Risk
10 5 (1.36%) iSeries
10 5 (1.36%) Replication
10 5 (1.36%) Credit Risk
11 4 (1.08%) Data Structures
11 4 (1.08%) Algorithms
11 4 (1.08%) Data Integration
12 3 (0.81%) Inversion of Control
13 2 (0.54%) User Experience
13 2 (0.54%) Reference Data
Operating Systems
1 70 (18.97%) UNIX
2 34 (9.21%) Linux
3 20 (5.42%) Windows
4 3 (0.81%) Solaris
5 1 (0.27%) Oracle Linux
Processes & Methodologies
1 122 (33.06%) Agile Software Development
2 63 (17.07%) OO
3 52 (14.09%) TDD
4 37 (10.03%) Multithreading
4 37 (10.03%) Data Modelling
5 32 (8.67%) Risk Management
6 31 (8.40%) BDD
7 28 (7.59%) OOP
8 23 (6.23%) Low Latency
9 22 (5.96%) Asset Management
9 22 (5.96%) Business Analysis
10 21 (5.69%) RAD
11 19 (5.15%) SOA
12 17 (4.61%) Continuous Integration
13 16 (4.34%) Greeks
14 14 (3.79%) Analytics
14 14 (3.79%) Electronic Trading
14 14 (3.79%) Unit Testing
14 14 (3.79%) Integration Testing
15 13 (3.52%) OOD
Programming Languages
1 153 (41.46%) Java
2 133 (36.04%) SQL
3 102 (27.64%) C#
4 43 (11.65%) C++
5 33 (8.94%) VBA
6 23 (6.23%) Python
6 23 (6.23%) JavaScript
7 8 (2.17%) T-SQL
8 6 (1.63%) Perl
9 5 (1.36%) VBScript
9 5 (1.36%) Scala
9 5 (1.36%) RPG IV
9 5 (1.36%) RPG
10 4 (1.08%) VB
11 3 (0.81%) PL/SQL
11 3 (0.81%) Shell Script
11 3 (0.81%) XAML
12 2 (0.54%) VB6
13 1 (0.27%) C++/CLI
13 1 (0.27%) Groovy
Qualifications
1 17 (4.61%) Degree
2 5 (1.36%) ISEB
2 5 (1.36%) ISEB Practitioner
3 2 (0.54%) ISTQB
3 2 (0.54%) PMI Certification
3 2 (0.54%) DV Cleared
3 2 (0.54%) Security Cleared
3 2 (0.54%) ISTQB Foundation Certification
4 1 (0.27%) PhD
4 1 (0.27%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (0.81%) EMIR
2 2 (0.54%) Dodd-Frank
2 2 (0.54%) ISO 9001
2 2 (0.54%) MiFID
2 2 (0.54%) QA
3 1 (0.27%) Data Quality
3 1 (0.27%) SLA
System Software
1 1 (0.27%) Apache Flume
1 1 (0.27%) HDFS
Systems Management
1 12 (3.25%) HP Quality Center
2 7 (1.90%) Control-M
3 4 (1.08%) Vagrant
4 1 (0.27%) Oozie
4 1 (0.27%) Opscode Chef
Vendors
1 37 (10.03%) Oracle
2 18 (4.88%) Sybase
3 13 (3.52%) TIBCO
3 13 (3.52%) Bloomberg
3 13 (3.52%) DevExpress
4 11 (2.98%) Microsoft
5 8 (2.17%) Murex
6 7 (1.90%) SunGard
7 6 (1.63%) HP
8 5 (1.36%) IBM
8 5 (1.36%) Calypso
9 4 (1.08%) Business Objects
9 4 (1.08%) Wall Street Systems
9 4 (1.08%) Tradeweb
9 4 (1.08%) ION Trading
10 3 (0.81%) MarketAxess
10 3 (0.81%) Sophis
10 3 (0.81%) Fidessa
11 2 (0.54%) Apple
11 2 (0.54%) Reuters
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