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 1 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
1 Jul 2016
Same period 2015 Same period 2014
Derivatives
Rank 80 76 71
Rank change year-on-year
-4 -5
Contract jobs citing Derivative 90 151 167
As % of all contract IT jobs located in the City of London 2.70% 2.58% 2.83%
As % of the Miscellaneous category 6.91% 6.74% 7.45%
Number of daily rates quoted 84 134 150
Median daily rate £550 £589 £550
Median daily rate % change year-on-year
-6.58% +7.04%
90% offered a daily rate of more than £450 £475 £400
10% offered a daily rate of more than £650 £675 £675
UK excluding London median daily rate £320 £425 £380
% change year-on-year
-24.70% +11.84%
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
1303 2240 2242
As % of all contract IT jobs located in the City of London 39.07% 38.28% 37.95%
Number of daily rates quoted 1067 1790 1677
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £275
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 16 41 30
Median hourly rate £17.50 £21.63 £20.50
Median hourly rate % change year-on-year
-19.07% +5.48%
90% offered a hourly rate of more than £12.50 £14.84 £12.80
10% offered a hourly rate of more than £56.00 £51.30 £29.50
UK excluding London median hourly rate £23.00 £17.50 £21.00
% change year-on-year
+31.42% -16.66%

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 1 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 1 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 1 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.

1 133 (62.15%) Finance
2 122 (57.01%) Banking
3 104 (48.60%) Java
4 72 (33.64%) Front Office
4 72 (33.64%) Fixed Income
4 72 (33.64%) Foreign Exchange (FX)
5 66 (30.84%) TDD
6 65 (30.37%) SQL
7 64 (29.91%) Agile Software Development
8 61 (28.50%) Equities
9 57 (26.64%) Investment Banking
10 52 (24.30%) Oracle
11 48 (22.43%) Maven
12 45 (21.03%) Unix
13 41 (19.16%) BDD
14 36 (16.82%) Analytical Skills
15 34 (15.89%) C#
15 34 (15.89%) Pair Programming
16 29 (13.55%) Spring
17 27 (12.62%) Equity Derivative
18 22 (10.28%) Risk Management
19 20 (9.35%) Eclipse
19 20 (9.35%) IntelliJ
19 20 (9.35%) Mentoring
20 19 (8.88%) User Acceptance Testing
20 19 (8.88%) Tomcat
20 19 (8.88%) C++
21 18 (8.41%) Windows
21 18 (8.41%) JMS
21 18 (8.41%) Shell Script

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 19 (8.88%) Tomcat
2 18 (8.41%) Oracle Coherence
3 9 (4.21%) WebLogic
4 5 (2.34%) Apache
4 5 (2.34%) Mule
5 4 (1.87%) MQSeries
6 3 (1.40%) Apache Spark
7 2 (0.93%) Confluence
8 1 (0.47%) Apache Pig
8 1 (0.47%) GemFire
8 1 (0.47%) SharePoint
Applications
1 6 (2.80%) Spreadsheet
2 2 (0.93%) MS Excel
2 2 (0.93%) MS Visio
3 1 (0.47%) HipChat
3 1 (0.47%) MS PowerPoint
3 1 (0.47%) MS Project
3 1 (0.47%) Open Workbench
Business Applications
1 3 (1.40%) Markit EDM
2 2 (0.93%) Bloomberg TOMS
2 2 (0.93%) ION MarketView
2 2 (0.93%) Loan IQ
2 2 (0.93%) Summit
2 2 (0.93%) SunGard GMI
3 1 (0.47%) Eikon
3 1 (0.47%) Endur
3 1 (0.47%) Front Arena
3 1 (0.47%) IntelliMatch
3 1 (0.47%) Kondor
3 1 (0.47%) SunGard Stream Clearvision
Cloud Services
1 2 (0.93%) Amazon AWS
2 1 (0.47%) Amazon EC2
2 1 (0.47%) AWS CloudFormation
Communications & Networking
1 4 (1.87%) PuTTY
2 3 (1.40%) SAN
3 2 (0.93%) VPN
4 1 (0.47%) Firewall
4 1 (0.47%) HTTP
4 1 (0.47%) Internet
4 1 (0.47%) iSCSI
4 1 (0.47%) LAN
4 1 (0.47%) NAS
4 1 (0.47%) SSH
4 1 (0.47%) SSL
4 1 (0.47%) TCP/IP
4 1 (0.47%) Wi-Fi
Database & Business Intelligence
1 15 (7.01%) Data Warehouse
2 11 (5.14%) SQL Server
3 9 (4.21%) BusinessObjects
4 5 (2.34%) Oracle Database
4 5 (2.34%) QlikView
4 5 (2.34%) Relational Database
4 5 (2.34%) SQL Server Integration Services
4 5 (2.34%) SQL Server Reporting Services
5 4 (1.87%) Apache Cassandra
5 4 (1.87%) BusinessObjects Web Intelligence
5 4 (1.87%) BusinessObjects XI
5 4 (1.87%) Crystal Reports
5 4 (1.87%) Hadoop
5 4 (1.87%) Oracle Reports
6 3 (1.40%) Big Data
7 2 (0.93%) Data Mart
7 2 (0.93%) NoSQL
7 2 (0.93%) RDBMS
7 2 (0.93%) SQL Server Analysis Services
7 2 (0.93%) Star Schema
Development Applications
1 48 (22.43%) Maven
2 20 (9.35%) Eclipse
2 20 (9.35%) IntelliJ
3 16 (7.48%) JIRA
4 7 (3.27%) ClearCase
4 7 (3.27%) Jenkins
5 5 (2.34%) Cucumber
5 5 (2.34%) EasyMock
5 5 (2.34%) JMeter
5 5 (2.34%) JUnit
5 5 (2.34%) LoadRunner
5 5 (2.34%) Mockito
5 5 (2.34%) Selenium
6 4 (1.87%) Atlassian Bamboo
7 3 (1.40%) ClearQuest
7 3 (1.40%) Subversion
8 2 (0.93%) HP UFT
8 2 (0.93%) PowerDesigner
8 2 (0.93%) TestComplete
9 1 (0.47%) Moq
General
1 133 (62.15%) Finance
2 122 (57.01%) Banking
3 72 (33.64%) Front Office
4 57 (26.64%) Investment Banking
5 16 (7.48%) Back Office
6 2 (0.93%) Retail
7 1 (0.47%) Advertising
7 1 (0.47%) Financial Institution
7 1 (0.47%) French Language
7 1 (0.47%) General Ledger
7 1 (0.47%) German Language
7 1 (0.47%) Legal
Job Titles
1 117 (54.67%) Developer
2 85 (39.72%) Java Developer
3 60 (28.04%) Analyst
4 39 (18.22%) Senior Developer
5 35 (16.36%) Agile Developer
6 34 (15.89%) Agile Java Developer
6 34 (15.89%) Senior Java Developer
7 30 (14.02%) Business Analyst
8 20 (9.35%) Senior Agile Developer
8 20 (9.35%) Senior Agile Java Developer
9 17 (7.94%) Applications Support
10 14 (6.54%) Support Analyst
11 12 (5.61%) Applications Support Analyst
12 11 (5.14%) Front Office Developer
13 10 (4.67%) Test Analyst
14 8 (3.74%) Banking Analyst
14 8 (3.74%) C# Developer
14 8 (3.74%) Consultant
15 7 (3.27%) C++ Developer
15 7 (3.27%) Senior Analyst
Libraries, Frameworks & Software Standards
1 29 (13.55%) Spring
2 18 (8.41%) JMS
3 15 (7.01%) HTML
4 14 (6.54%) XML
5 13 (6.07%) FIX Protocol
6 10 (4.67%) .NET
7 7 (3.27%) AngularJS
7 7 (3.27%) FpML
8 6 (2.80%) ActiveMQ
8 6 (2.80%) Apache Camel
8 6 (2.80%) Hibernate
8 6 (2.80%) REST
8 6 (2.80%) SOAP
9 5 (2.34%) CSS
9 5 (2.34%) J2EE
9 5 (2.34%) JAXB
9 5 (2.34%) JSON
9 5 (2.34%) JSP
9 5 (2.34%) Spring Boot
9 5 (2.34%) WebSphere MQ
Miscellaneous
1 72 (33.64%) Fixed Income
1 72 (33.64%) Foreign Exchange (FX)
2 61 (28.50%) Equities
3 36 (16.82%) Analytical Skills
4 27 (12.62%) Equity Derivative
5 17 (7.94%) Grid Computing
6 15 (7.01%) Credit Derivative
7 14 (6.54%) Market Risk
8 11 (5.14%) OTC Derivatives
9 10 (4.67%) Credit Risk
10 8 (3.74%) Data Structures
11 5 (2.34%) Interest Rate Derivative
12 4 (1.87%) Fintech
12 4 (1.87%) Hedge funds
12 4 (1.87%) Mathematics
13 3 (1.40%) Enterprise Software
14 2 (0.93%) Algorithms
14 2 (0.93%) Management Information System
14 2 (0.93%) Reference Data
14 2 (0.93%) SWIFT
Operating Systems
1 45 (21.03%) Unix
2 18 (8.41%) Windows
3 17 (7.94%) Linux
4 5 (2.34%) Solaris
4 5 (2.34%) Windows Server
5 3 (1.40%) Windows Server 2012
6 1 (0.47%) CentOS
6 1 (0.47%) Debian
6 1 (0.47%) Mac OS X
6 1 (0.47%) Ubuntu
Processes & Methodologies
1 66 (30.84%) TDD
2 64 (29.91%) Agile Software Development
3 41 (19.16%) BDD
4 34 (15.89%) Pair Programming
5 22 (10.28%) Risk Management
6 20 (9.35%) Mentoring
7 19 (8.88%) User Acceptance Testing
8 18 (8.41%) Unit Testing
9 17 (7.94%) Business Analysis
10 16 (7.48%) Multithreading
11 14 (6.54%) OO
12 13 (6.07%) SDLC
13 11 (5.14%) Project Management
14 10 (4.67%) Business Intelligence
14 10 (4.67%) Electronic Trading
15 9 (4.21%) Analytics
15 9 (4.21%) Data Modelling
15 9 (4.21%) ITIL
15 9 (4.21%) Stakeholder Management
15 9 (4.21%) Workflow
Programming Languages
1 104 (48.60%) Java
2 65 (30.37%) SQL
3 34 (15.89%) C#
4 19 (8.88%) C++
5 18 (8.41%) Shell Script
6 14 (6.54%) JavaScript
7 12 (5.61%) Perl
7 12 (5.61%) VB
8 11 (5.14%) Python
9 10 (4.67%) PL/SQL
10 9 (4.21%) VBA
11 8 (3.74%) T-SQL
12 7 (3.27%) Bash Shell
13 4 (1.87%) C
13 4 (1.87%) Scala
14 3 (1.40%) Haskell
14 3 (1.40%) VC++
15 2 (0.93%) VBScript
16 1 (0.47%) MATLAB
16 1 (0.47%) Tcl
Qualifications
1 12 (5.61%) Degree
2 3 (1.40%) CCA
2 3 (1.40%) Citrix Certification
3 2 (0.93%) PhD
4 1 (0.47%) ITIL Certification
Quality Assurance & Compliance
1 9 (4.21%) MiFID
2 7 (3.27%) Dodd-Frank
2 7 (3.27%) QA
3 4 (1.87%) EMIR
4 2 (0.93%) AIFMD
4 2 (0.93%) SLA
4 2 (0.93%) UCITS
5 1 (0.47%) Basel III
5 1 (0.47%) COREP
5 1 (0.47%) CRD IV
5 1 (0.47%) Data Quality
5 1 (0.47%) Disclosure Scotland
5 1 (0.47%) FATCA
5 1 (0.47%) Solvency II
System Software
1 3 (1.40%) VMware Infrastructure
1 3 (1.40%) XenApp
2 2 (0.93%) VMware ESX
3 1 (0.47%) Active Directory
3 1 (0.47%) Apache ZooKeeper
3 1 (0.47%) HDFS
3 1 (0.47%) VMware ESXi
Systems Management
1 9 (4.21%) Control-M
2 7 (3.27%) HP Quality Center
3 4 (1.87%) BladeLogic
4 3 (1.40%) AppDNA
4 3 (1.40%) ITRS Geneos
5 1 (0.47%) ZABBIX
Vendors
1 52 (24.30%) Oracle
2 17 (7.94%) DataSynapse
3 15 (7.01%) Sybase
4 9 (4.21%) Microsoft
4 9 (4.21%) Murex
5 8 (3.74%) Remedy
6 7 (3.27%) Bloomberg
7 6 (2.80%) VMware
8 5 (2.34%) HP
8 5 (2.34%) ION Trading
8 5 (2.34%) Reuters
9 4 (1.87%) Atlassian
9 4 (1.87%) Fidessa
9 4 (1.87%) Informatica
10 3 (1.40%) Algorithmics
10 3 (1.40%) Citrix
10 3 (1.40%) SunGard
11 2 (0.93%) Calypso
11 2 (0.93%) IBM
12 1 (0.47%) Cisco
City, London
ANSON MCCADE
Rate: £40,000 - £60,000, plus a very attractive bonus
Posted: 4 days ago