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 23 September 2014 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
23 Sep 2014
Same period 2013 Same period 2012
Derivatives
Rank 76 25 28
Rank change year-on-year
-51 +3
Contract jobs citing Derivative 138 432 418
As % of all contract IT jobs located in the City of London 2.36% 6.02% 5.31%
As % of the Miscellaneous category 6.84% 16.05% 13.99%
Number of daily rates quoted 118 357 352
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£555 £575 £550
Average daily rate % change year-on-year
-3.47% +4.54%
90% offered a daily rate of more than £425 £425 £450
10% offered a daily rate of more than £625 £650 £650
UK excluding London average daily rate £375 £450 £400
% change year-on-year
-16.66% +12.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £90.00 -
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
2019 2691 2987
As % of all contract IT jobs located in the City of London 34.47% 37.48% 37.94%
Number of daily rates quoted 1455 1993 2180
Average daily rate £453 £475 £475
Average daily rate % change year-on-year
-4.68% -
90% offered a daily rate of more than £291 £300 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 49 55 70
Average hourly rate £17.93 £19.50 £20.00
Average hourly rate % change year-on-year
-8.03% -2.50%
90% offered a hourly rate of more than £11.60 £14.50 £11.50
10% offered a hourly rate of more than £35.40 £48.00 £39.10
UK excluding London average hourly rate £18.65 £17.50 £26.00
% change year-on-year
+6.58% -32.69%

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 23 September 2014.

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 23 September 2014, 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.

1 139 (44.41%) Banking
2 134 (42.81%) Front Office
3 122 (38.98%) Finance
4 97 (30.99%) Investment Banking
5 94 (30.03%) SQL
6 88 (28.12%) Java
7 87 (27.80%) Fixed Income
8 85 (27.16%) Foreign Exchange (FX)
9 62 (19.81%) Agile Software Development
10 53 (16.93%) Oracle
11 50 (15.97%) Equities
12 45 (14.38%) C#
13 40 (12.78%) Equity Derivative
14 38 (12.14%) XML
15 37 (11.82%) UNIX
15 37 (11.82%) Credit Derivative
16 36 (11.50%) SQL Server
17 33 (10.54%) C++
18 31 (9.90%) Spring
18 31 (9.90%) Back Office
19 30 (9.58%) Multithreading
20 28 (8.95%) EMIR
20 28 (8.95%) Risk Management
21 26 (8.31%) Data Analysis
21 26 (8.31%) Business Analysis
21 26 (8.31%) OO
21 26 (8.31%) Linux
22 24 (7.67%) .NET
22 24 (7.67%) Project Management
23 23 (7.35%) Windows

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

For the 6 months to 23 September 2014, 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 10 (3.19%) WebSphere
2 6 (1.92%) Oracle Coherence
2 6 (1.92%) WebSphere Application Server
3 2 (0.64%) Confluence
3 2 (0.64%) Elasticsearch
4 1 (0.32%) AquaLogic Service Bus
4 1 (0.32%) SharePoint 2010
4 1 (0.32%) Node.js
4 1 (0.32%) SharePoint
4 1 (0.32%) Oracle Workflow
4 1 (0.32%) SharePoint Server
Applications
1 5 (1.60%) MS Office
1 5 (1.60%) MS Excel
2 4 (1.28%) MS PowerPoint
3 3 (0.96%) MS Visio
4 2 (0.64%) MS Project
5 1 (0.32%) Spreadsheet
Business Applications
1 12 (3.83%) Markit EDM
2 4 (1.28%) Remedy ITSM
3 2 (0.64%) SunGard GMI
3 2 (0.64%) LatentZero
3 2 (0.64%) Tesseract
3 2 (0.64%) Minerva
3 2 (0.64%) Sentinel
3 2 (0.64%) Endur
3 2 (0.64%) Salerio
4 1 (0.32%) Dynamics CRM
4 1 (0.32%) Global One
4 1 (0.32%) Summit
4 1 (0.32%) RMDS
4 1 (0.32%) Cognos Business Intelligence
4 1 (0.32%) Eagle PACE
4 1 (0.32%) Oracle BPM
4 1 (0.32%) Oracle 11i
Cloud Services
1 1 (0.32%) Microsoft Azure
Communications & Networking
1 1 (0.32%) TCP/IP
1 1 (0.32%) DNS
1 1 (0.32%) SAN
1 1 (0.32%) Intranet
1 1 (0.32%) Internet
1 1 (0.32%) Firewall
1 1 (0.32%) Wireshark
1 1 (0.32%) NAS
1 1 (0.32%) tcpdump
1 1 (0.32%) Multicast
Database & Business Intelligence
1 36 (11.50%) SQL Server
2 23 (7.35%) Relational Database
3 9 (2.88%) Oracle Database
4 8 (2.56%) SQL Server Integration Services
4 8 (2.56%) SQL Server 2008
5 6 (1.92%) Oracle Database 10g
5 6 (1.92%) SQL Server Reporting Services
6 5 (1.60%) DTS
7 3 (0.96%) RDBMS
7 3 (0.96%) Data Warehouse
7 3 (0.96%) Hadoop
7 3 (0.96%) MongoDB
7 3 (0.96%) Apache Cassandra
7 3 (0.96%) NoSQL
8 2 (0.64%) HBase
8 2 (0.64%) Redis
8 2 (0.64%) Big Data
8 2 (0.64%) OLAP
8 2 (0.64%) ObjectStore
8 2 (0.64%) SQL Server 2005
Development Applications
1 14 (4.47%) JIRA
2 12 (3.83%) JUnit
3 9 (2.88%) TeamCity
4 8 (2.56%) Team Foundation Server
5 6 (1.92%) Ant
5 6 (1.92%) Maven
6 5 (1.60%) CruiseControl
6 5 (1.60%) Visual Studio
6 5 (1.60%) QuickTest Pro
7 3 (0.96%) Eclipse
7 3 (0.96%) IntelliJ
7 3 (0.96%) Selenium
8 2 (0.64%) FitNesse
8 2 (0.64%) Git (software)
8 2 (0.64%) Subversion
8 2 (0.64%) Cucumber
8 2 (0.64%) Gradle
8 2 (0.64%) Jenkins
9 1 (0.32%) Hudson
9 1 (0.32%) JBehave
General
1 139 (44.41%) Banking
2 134 (42.81%) Front Office
3 122 (38.98%) Finance
4 97 (30.99%) Investment Banking
5 31 (9.90%) Back Office
6 12 (3.83%) Financial Institution
7 7 (2.24%) Advertising
8 5 (1.60%) Legal
9 2 (0.64%) General Ledger
9 2 (0.64%) Marketing
10 1 (0.32%) French Language
10 1 (0.32%) German Language
10 1 (0.32%) Italian Language
10 1 (0.32%) Wholesale Banking
10 1 (0.32%) Telecoms
10 1 (0.32%) Publishing
10 1 (0.32%) Games
10 1 (0.32%) Retail
Job Titles
1 123 (39.30%) Developer
2 118 (37.70%) Analyst
3 73 (23.32%) Business Analyst
4 60 (19.17%) Java Developer
5 21 (6.71%) Project Manager
6 18 (5.75%) Support Analyst
7 17 (5.43%) Test Analyst
7 17 (5.43%) C++ Developer
8 16 (5.11%) C# Developer
9 14 (4.47%) Senior Developer
10 13 (4.15%) Python Developer
11 12 (3.83%) Applications Support
12 11 (3.51%) Programmer
12 11 (3.51%) Senior Java Developer
12 11 (3.51%) Equity Derivatives Business Analyst
13 9 (2.88%) Java Programmer
14 8 (2.56%) Architect
15 6 (1.92%) IT Project Manager
16 5 (1.60%) Applications Support Analyst
16 5 (1.60%) Test Manager
Libraries, Frameworks & Software Standards
1 38 (12.14%) XML
2 31 (9.90%) Spring
3 24 (7.67%) .NET
4 18 (5.75%) Hibernate
5 13 (4.15%) FpML
6 11 (3.51%) WCF
6 11 (3.51%) JDBC
7 10 (3.19%) WPF
8 9 (2.88%) JMS
9 8 (2.56%) LINQ
9 8 (2.56%) FIX Protocol
9 8 (2.56%) Boost C++ Libraries
10 7 (2.24%) HTML
10 7 (2.24%) STL
11 6 (1.92%) Web Services
11 6 (1.92%) WinForms
12 5 (1.60%) Middleware
12 5 (1.60%) Django
12 5 (1.60%) HTML5
13 4 (1.28%) Murex Flex
Miscellaneous
1 87 (27.80%) Fixed Income
2 85 (27.16%) Foreign Exchange (FX)
3 50 (15.97%) Equities
4 40 (12.78%) Equity Derivative
5 37 (11.82%) Credit Derivative
6 23 (7.35%) Analytical Skills
7 16 (5.11%) Interest Rate Derivative
8 12 (3.83%) Credit Risk
8 12 (3.83%) Market Risk
9 9 (2.88%) Grid Computing
10 7 (2.24%) DTCC
11 6 (1.92%) Computer Science
12 4 (1.28%) Reference Data
12 4 (1.28%) SWIFT
13 3 (0.96%) Enterprise Software
13 3 (0.96%) Hedge funds
13 3 (0.96%) Kindle
13 3 (0.96%) iSeries
13 3 (0.96%) Mathematics
13 3 (0.96%) Economics
Operating Systems
1 37 (11.82%) UNIX
2 26 (8.31%) Linux
3 23 (7.35%) Windows
4 8 (2.56%) Oracle Linux
5 4 (1.28%) Windows Server 2008
6 3 (0.96%) Windows Server 2003
7 2 (0.64%) Windows Vista
7 2 (0.64%) Red Hat Enterprise Linux
7 2 (0.64%) Windows 7
7 2 (0.64%) Windows XP
8 1 (0.32%) Solaris
Processes & Methodologies
1 62 (19.81%) Agile Software Development
2 30 (9.58%) Multithreading
3 28 (8.95%) Risk Management
4 26 (8.31%) Data Analysis
4 26 (8.31%) OO
4 26 (8.31%) Business Analysis
5 24 (7.67%) Project Management
6 23 (7.35%) TDD
7 18 (5.75%) Asset Management
8 16 (5.11%) User Acceptance Testing
9 14 (4.47%) Low Latency
10 13 (4.15%) Performance Tuning
10 13 (4.15%) Migration
11 12 (3.83%) Investment Management
12 11 (3.51%) Stakeholder Management
13 10 (3.19%) Data Modelling
13 10 (3.19%) Continuous Integration
14 9 (2.88%) ETL
14 9 (2.88%) ITIL
14 9 (2.88%) Scrum
Programming Languages
1 94 (30.03%) SQL
2 88 (28.12%) Java
3 45 (14.38%) C#
4 33 (10.54%) C++
5 22 (7.03%) Python
6 13 (4.15%) VBA
7 11 (3.51%) Shell Script
8 10 (3.19%) T-SQL
8 10 (3.19%) PL/SQL
9 8 (2.56%) Perl
10 7 (2.24%) Scala
11 6 (1.92%) Bash Shell
11 6 (1.92%) JavaScript
12 3 (0.96%) RPG
12 3 (0.96%) XPath
13 1 (0.32%) Groovy
13 1 (0.32%) PowerShell
13 1 (0.32%) F#
13 1 (0.32%) XAML
13 1 (0.32%) Ruby
Qualifications
1 21 (6.71%) Degree
2 4 (1.28%) ISEB
3 3 (0.96%) Microsoft Certification
3 3 (0.96%) MCSE
4 2 (0.64%) ISTQB
5 1 (0.32%) MCSD
5 1 (0.32%) Security Cleared
5 1 (0.32%) PRINCE2 Certification
5 1 (0.32%) ACCA
5 1 (0.32%) CIMA
Quality Assurance & Compliance
1 28 (8.95%) EMIR
2 21 (6.71%) Dodd-Frank
3 8 (2.56%) QA
4 4 (1.28%) ISO 9001
5 2 (0.64%) Basel III
5 2 (0.64%) CRD IV
6 1 (0.32%) COREP
6 1 (0.32%) FINREP
6 1 (0.32%) Data Quality
6 1 (0.32%) FATCA
6 1 (0.32%) SLA
6 1 (0.32%) Basel II
6 1 (0.32%) MiFID
System Software
1 2 (0.64%) Active Directory
1 2 (0.64%) VMware Infrastructure
1 2 (0.64%) HDFS
2 1 (0.32%) Platform Symphony
Systems Management
1 5 (1.60%) Control-M
1 5 (1.60%) HP Quality Center
2 4 (1.28%) BMC PATROL
3 2 (0.64%) Puppet
3 2 (0.64%) Opscode Chef
4 1 (0.32%) Nagios
4 1 (0.32%) ServiceCenter
Vendors
1 53 (16.93%) Oracle
2 21 (6.71%) Sybase
3 14 (4.47%) Microsoft
4 10 (3.19%) DataSynapse
5 9 (2.88%) Murex
6 7 (2.24%) Remedy
6 7 (2.24%) Charles River
7 6 (1.92%) DevExpress
7 6 (1.92%) thinkFolio
7 6 (1.92%) HP
8 5 (1.60%) Reuters
8 5 (1.60%) Bloomberg
9 4 (1.28%) BMC
9 4 (1.28%) TIBCO
10 3 (0.96%) Fiserv
10 3 (0.96%) Apple
10 3 (0.96%) Calypso
10 3 (0.96%) Fidessa
11 2 (0.64%) SunGard
11 2 (0.64%) Cognos
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