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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Derivatives
Rank 80 73 28
Rank change year-on-year
-7 -45
Contract jobs citing Derivative 142 157 397
As % of all contract IT jobs located in the City of London 2.43% 2.71% 5.60%
As % of the Miscellaneous category 6.43% 7.21% 14.62%
Number of daily rates quoted 127 138 331
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£598 £569 £550
Average daily rate % change year-on-year
+5.05% +3.40%
90% offered a daily rate of more than £465 £400 £425
10% offered a daily rate of more than £685 £650 £650
UK excluding London average daily rate £475 £425 £450
% change year-on-year
+11.76% -5.55%
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
2208 2178 2715
As % of all contract IT jobs located in the City of London 37.71% 37.53% 38.30%
Number of daily rates quoted 1761 1581 1987
Average daily rate £475 £470 £475
Average daily rate % change year-on-year
+1.06% -1.05%
90% offered a daily rate of more than £300 £285 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 39 42 71
Average hourly rate £20.00 £19.00 £22.00
Average hourly rate % change year-on-year
+5.26% -13.63%
90% offered a hourly rate of more than £13.90 £12.81 £14.50
10% offered a hourly rate of more than £39.05 £36.50 £47.80
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

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 31 July 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 31 July 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.

1 160 (52.46%) Banking
2 139 (45.57%) Front Office
3 124 (40.66%) Finance
4 113 (37.05%) C#
5 110 (36.07%) SQL
6 97 (31.80%) Investment Banking
7 91 (29.84%) Agile Software Development
8 89 (29.18%) Java
9 72 (23.61%) Equities
10 69 (22.62%) .NET
11 68 (22.30%) Equity Derivative
12 62 (20.33%) Foreign Exchange (FX)
13 58 (19.02%) Multithreading
14 57 (18.69%) Fixed Income
15 55 (18.03%) UNIX
16 45 (14.75%) OO
17 44 (14.43%) SQL Server
18 42 (13.77%) Risk Management
19 41 (13.44%) TDD
20 35 (11.48%) Business Analysis
21 33 (10.82%) Oracle
22 32 (10.49%) SDLC
23 28 (9.18%) FIX Protocol
24 27 (8.85%) WPF
25 26 (8.52%) Credit Derivative
25 26 (8.52%) Data Modelling
25 26 (8.52%) Back Office
25 26 (8.52%) Greeks
26 25 (8.20%) BDD
26 25 (8.20%) Relational Database

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

For the 6 months to 31 July 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 10 (3.28%) Oracle Coherence
2 5 (1.64%) WebSphere
3 2 (0.66%) SharePoint
3 2 (0.66%) SharePoint 2013
4 1 (0.33%) Apache Spark
4 1 (0.33%) Confluence
4 1 (0.33%) Lync
4 1 (0.33%) Node.js
Applications
1 9 (2.95%) MS Excel
2 6 (1.97%) Spreadsheet
3 3 (0.98%) Acrobat
3 3 (0.98%) MS PowerPoint
4 2 (0.66%) MS Office
5 1 (0.33%) MS Project
5 1 (0.33%) MS Visio
Business Applications
1 8 (2.62%) Markit EDM
2 5 (1.64%) SunGard GMI
3 4 (1.31%) Summit
4 3 (0.98%) thinkFolio
4 3 (0.98%) Global One
5 2 (0.66%) LatentZero
5 2 (0.66%) Tesseract
5 2 (0.66%) Minerva
5 2 (0.66%) Sentinel
6 1 (0.33%) RMDS
6 1 (0.33%) Visualfiles
6 1 (0.33%) Temenos T24
6 1 (0.33%) Oracle General Ledger
6 1 (0.33%) SunGard Stream Ubix
6 1 (0.33%) SunGard Stream Clearvision
6 1 (0.33%) Endur
Communications & Networking
1 2 (0.66%) TCP/IP
2 1 (0.33%) Unified Communications
Database & Business Intelligence
1 44 (14.43%) SQL Server
2 25 (8.20%) Relational Database
3 20 (6.56%) RDBMS
4 8 (2.62%) SQL Server Integration Services
4 8 (2.62%) SQL Server 2008
5 6 (1.97%) Data Warehouse
6 5 (1.64%) BusinessObjects
7 4 (1.31%) Big Data
8 3 (0.98%) SQL Server Reporting Services
8 3 (0.98%) Impala
8 3 (0.98%) MS Access
8 3 (0.98%) Hadoop
8 3 (0.98%) Apache Hive
9 2 (0.66%) MySQL
9 2 (0.66%) DTS
9 2 (0.66%) HBase
10 1 (0.33%) Sybase ASE
10 1 (0.33%) Oracle Database
10 1 (0.33%) Data Mining
10 1 (0.33%) PowerCenter
Development Applications
1 10 (3.28%) JIRA
2 8 (2.62%) TeamCity
2 8 (2.62%) Visual Studio
3 7 (2.30%) Team Foundation Server
4 5 (1.64%) Maven
5 4 (1.31%) NUnit
6 3 (0.98%) Eclipse
6 3 (0.98%) JUnit
6 3 (0.98%) Subversion
6 3 (0.98%) Cucumber
6 3 (0.98%) SpecFlow
7 2 (0.66%) Rhino Mocks
7 2 (0.66%) Moq
7 2 (0.66%) FitNesse
8 1 (0.33%) JBehave
8 1 (0.33%) Git (software)
8 1 (0.33%) Ant
8 1 (0.33%) Oracle Forms
8 1 (0.33%) IntelliJ
8 1 (0.33%) ProC
General
1 160 (52.46%) Banking
2 139 (45.57%) Front Office
3 124 (40.66%) Finance
4 97 (31.80%) Investment Banking
5 26 (8.52%) Back Office
6 19 (6.23%) Telecoms
7 7 (2.30%) Legal
8 4 (1.31%) Advertising
9 2 (0.66%) Corporate Banking
10 1 (0.33%) Marketing
10 1 (0.33%) General Ledger
Job Titles
1 149 (48.85%) Developer
2 105 (34.43%) Analyst
3 66 (21.64%) Business Analyst
4 62 (20.33%) C# Developer
5 51 (16.72%) Senior Developer
6 44 (14.43%) Java Developer
7 36 (11.80%) Senior C# Developer
8 14 (4.59%) Project Manager
9 13 (4.26%) Analyst Programmer
9 13 (4.26%) Programmer
9 13 (4.26%) Java Programmer
9 13 (4.26%) Java Analyst Programmer
10 12 (3.93%) C++ Developer
11 11 (3.61%) Consultant
12 10 (3.28%) Senior Java Developer
13 9 (2.95%) Support Analyst
14 8 (2.62%) Technical Business Analyst
14 8 (2.62%) IT Business Analyst
14 8 (2.62%) Lead Business Analyst
15 7 (2.30%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 69 (22.62%) .NET
2 28 (9.18%) FIX Protocol
3 27 (8.85%) WPF
4 22 (7.21%) HTML
5 20 (6.56%) WCF
5 20 (6.56%) WinForms
6 18 (5.90%) HTML5
6 18 (5.90%) XML
7 15 (4.92%) AngularJS
8 10 (3.28%) Spring
8 10 (3.28%) .NET Framework
9 7 (2.30%) Web Services
10 6 (1.97%) MSMQ
10 6 (1.97%) TIBCO EMS
11 5 (1.64%) LINQ
11 5 (1.64%) JMS
11 5 (1.64%) FpML
11 5 (1.64%) Akka
12 4 (1.31%) WebSphere MQ
12 4 (1.31%) ASP.NET
Miscellaneous
1 72 (23.61%) Equities
2 68 (22.30%) Equity Derivative
3 62 (20.33%) Foreign Exchange (FX)
4 57 (18.69%) Fixed Income
5 26 (8.52%) Credit Derivative
6 22 (7.21%) Computer Science
6 22 (7.21%) Analytical Skills
7 18 (5.90%) Credit Risk
8 15 (4.92%) Mathematics
9 14 (4.59%) Interest Rate Derivative
10 11 (3.61%) Data Structures
11 8 (2.62%) Grid Computing
12 7 (2.30%) Contract for Difference
13 6 (1.97%) Replication
14 5 (1.64%) Market Risk
15 4 (1.31%) Reference Data
15 4 (1.31%) iSeries
15 4 (1.31%) Management Information System
15 4 (1.31%) N-Tier
16 3 (0.98%) PMI
Operating Systems
1 55 (18.03%) UNIX
2 21 (6.89%) Windows
2 21 (6.89%) Linux
3 1 (0.33%) Windows Server 2003
3 1 (0.33%) Windows Server 2008
Processes & Methodologies
1 91 (29.84%) Agile Software Development
2 58 (19.02%) Multithreading
3 45 (14.75%) OO
4 42 (13.77%) Risk Management
5 41 (13.44%) TDD
6 35 (11.48%) Business Analysis
7 32 (10.49%) SDLC
8 26 (8.52%) Greeks
8 26 (8.52%) Data Modelling
9 25 (8.20%) BDD
10 22 (7.21%) Stakeholder Management
11 17 (5.57%) Project Management
12 15 (4.92%) Unit Testing
13 13 (4.26%) Continuous Integration
13 13 (4.26%) Analytics
13 13 (4.26%) Low Latency
14 12 (3.93%) Electronic Trading
14 12 (3.93%) Migration
14 12 (3.93%) Change Management
15 11 (3.61%) Workflow
Programming Languages
1 113 (37.05%) C#
2 110 (36.07%) SQL
3 89 (29.18%) Java
4 25 (8.20%) C++
5 21 (6.89%) VBA
6 20 (6.56%) JavaScript
7 10 (3.28%) Python
8 8 (2.62%) Scala
8 8 (2.62%) T-SQL
9 5 (1.64%) Shell Script
10 4 (1.31%) RPG IV
10 4 (1.31%) C
10 4 (1.31%) RPG
11 3 (0.98%) PL/SQL
12 2 (0.66%) VBScript
13 1 (0.33%) VB
13 1 (0.33%) Groovy
13 1 (0.33%) PowerShell
Qualifications
1 14 (4.59%) Degree
2 4 (1.31%) ISEB
2 4 (1.31%) Security Cleared
3 3 (0.98%) PMI Certification
4 2 (0.66%) ISTQB
4 2 (0.66%) DV Cleared
5 1 (0.33%) PRINCE2 Certification
5 1 (0.33%) IIBA
5 1 (0.33%) CBAP
5 1 (0.33%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 11 (3.61%) EMIR
1 11 (3.61%) Dodd-Frank
2 10 (3.28%) QA
3 6 (1.97%) MiFID
4 3 (0.98%) Data Quality
5 1 (0.33%) AIFMD
5 1 (0.33%) SLA
5 1 (0.33%) Basel III
5 1 (0.33%) Solvency II
System Software
1 3 (0.98%) Apache Flume
1 3 (0.98%) HDFS
Systems Management
1 7 (2.30%) Control-M
2 4 (1.31%) HP Quality Center
3 3 (0.98%) Oozie
4 1 (0.33%) Vagrant
Vendors
1 33 (10.82%) Oracle
2 14 (4.59%) Microsoft
3 13 (4.26%) DevExpress
4 9 (2.95%) TIBCO
5 8 (2.62%) Sybase
6 5 (1.64%) SunGard
6 5 (1.64%) Wall Street Systems
7 4 (1.31%) IBM
7 4 (1.31%) Bloomberg
8 3 (0.98%) Sophis
8 3 (0.98%) Syncfusion
9 2 (0.66%) ION Trading
9 2 (0.66%) MicroStrategy
9 2 (0.66%) Reuters
10 1 (0.33%) Remedy
10 1 (0.33%) Charles River
10 1 (0.33%) OpenLink
10 1 (0.33%) Infragistics
10 1 (0.33%) HP
10 1 (0.33%) Avaya
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