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 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
Derivatives
Rank 74 25 31
Rank change year-on-year
-49 +6
Contract jobs citing Derivative 140 424 394
As % of all contract IT jobs located in the City of London 2.38% 5.76% 5.04%
As % of the Miscellaneous category 7.98% 17.70% 15.67%
Number of daily rates quoted 118 347 342
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £445 £425 £450
10% offered a daily rate of more than £633 £675 £650
UK excluding London average daily rate £353 £450 £369
% change year-on-year
-21.66% +22.03%
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
1754 2396 2514
As % of all contract IT jobs located in the City of London 29.77% 32.56% 32.16%
Number of daily rates quoted 1221 1747 1903
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 42 61 57
Average hourly rate £17.68 £19.50 £19.75
Average hourly rate % change year-on-year
-9.32% -1.26%
90% offered a hourly rate of more than £12.50 £14.50 £12.20
10% offered a hourly rate of more than £33.05 £45.60 £32.58
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

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 22 August 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 22 August 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.

1 155 (45.45%) Banking
2 139 (40.76%) Front Office
3 130 (38.12%) Finance
4 111 (32.55%) Investment Banking
5 101 (29.62%) SQL
6 99 (29.03%) Foreign Exchange (FX)
7 88 (25.81%) Fixed Income
8 81 (23.75%) Java
9 62 (18.18%) Equities
10 56 (16.42%) Oracle
11 45 (13.20%) C#
11 45 (13.20%) Equity Derivative
12 40 (11.73%) C++
12 40 (11.73%) SQL Server
13 37 (10.85%) Credit Derivative
14 36 (10.56%) XML
14 36 (10.56%) UNIX
15 34 (9.97%) Back Office
16 33 (9.68%) Agile Software Development
17 31 (9.09%) Risk Management
17 31 (9.09%) EMIR
18 30 (8.80%) Multithreading
18 30 (8.80%) Spring
18 30 (8.80%) Python
19 27 (7.92%) Data Analysis
20 26 (7.62%) Linux
20 26 (7.62%) OO
21 25 (7.33%) Business Analysis
22 24 (7.04%) Dodd-Frank
22 24 (7.04%) .NET

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

For the 6 months to 22 August 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 12 (3.52%) WebSphere
2 7 (2.05%) Oracle Coherence
3 6 (1.76%) WebSphere Application Server
4 2 (0.59%) Confluence
4 2 (0.59%) Elasticsearch
4 2 (0.59%) WebLogic
5 1 (0.29%) Apache
5 1 (0.29%) Tomcat
5 1 (0.29%) Oracle Workflow
Applications
1 5 (1.47%) MS Office
1 5 (1.47%) MS PowerPoint
2 3 (0.88%) MS Excel
3 2 (0.59%) MS Visio
4 1 (0.29%) MS Project
4 1 (0.29%) Spreadsheet
Business Applications
1 13 (3.81%) Markit EDM
2 3 (0.88%) LatentZero
3 2 (0.59%) Eagle PACE
3 2 (0.59%) SunGard GMI
3 2 (0.59%) Salerio
3 2 (0.59%) Summit
3 2 (0.59%) Endur
4 1 (0.29%) Oracle 11i
4 1 (0.29%) Murex MxG2000
4 1 (0.29%) RMDS
4 1 (0.29%) Tesseract
4 1 (0.29%) Minerva
4 1 (0.29%) Sentinel
4 1 (0.29%) Cognos Business Intelligence
4 1 (0.29%) Advent Geneva
4 1 (0.29%) Remedy ITSM
4 1 (0.29%) Oracle BPM
Communications & Networking
1 2 (0.59%) HTTP
2 1 (0.29%) Internet
2 1 (0.29%) Firewall
2 1 (0.29%) Multicast
Database & Business Intelligence
1 40 (11.73%) SQL Server
2 19 (5.57%) Relational Database
3 11 (3.23%) SQL Server 2008
4 9 (2.64%) Oracle Database
5 8 (2.35%) SQL Server Integration Services
6 6 (1.76%) SQL Server Reporting Services
6 6 (1.76%) Oracle Database 10g
7 5 (1.47%) DTS
8 3 (0.88%) Data Warehouse
8 3 (0.88%) RDBMS
8 3 (0.88%) SQL Server 2012
8 3 (0.88%) Hadoop
8 3 (0.88%) MongoDB
8 3 (0.88%) Apache Cassandra
8 3 (0.88%) NoSQL
9 2 (0.59%) Big Data
9 2 (0.59%) Redis
9 2 (0.59%) Hazelcast
9 2 (0.59%) HBase
9 2 (0.59%) SQL Server 2005
Development Applications
1 12 (3.52%) JIRA
2 10 (2.93%) JUnit
3 8 (2.35%) Team Foundation Server
4 7 (2.05%) Visual Studio
4 7 (2.05%) Maven
5 6 (1.76%) TeamCity
5 6 (1.76%) Ant
6 4 (1.17%) Jenkins
6 4 (1.17%) CruiseControl
7 3 (0.88%) Eclipse
7 3 (0.88%) IntelliJ
7 3 (0.88%) QuickTest Pro
8 2 (0.59%) Cucumber
8 2 (0.59%) Git (software)
8 2 (0.59%) Gradle
8 2 (0.59%) Selenium
8 2 (0.59%) FitNesse
8 2 (0.59%) Subversion
9 1 (0.29%) WinRunner
9 1 (0.29%) TestDirector
General
1 155 (45.45%) Banking
2 139 (40.76%) Front Office
3 130 (38.12%) Finance
4 111 (32.55%) Investment Banking
5 34 (9.97%) Back Office
6 10 (2.93%) Financial Institution
7 7 (2.05%) Legal
7 7 (2.05%) Advertising
8 2 (0.59%) General Ledger
9 1 (0.29%) Retail
9 1 (0.29%) Publishing
9 1 (0.29%) Telecoms
9 1 (0.29%) Wholesale Banking
9 1 (0.29%) Marketing
9 1 (0.29%) French Language
9 1 (0.29%) German Language
9 1 (0.29%) Italian Language
Job Titles
1 140 (41.06%) Analyst
2 121 (35.48%) Developer
3 88 (25.81%) Business Analyst
4 52 (15.25%) Java Developer
5 21 (6.16%) Project Manager
6 20 (5.87%) C++ Developer
6 20 (5.87%) C# Developer
7 19 (5.57%) Support Analyst
8 17 (4.99%) Test Analyst
9 12 (3.52%) Python Developer
9 12 (3.52%) Senior Developer
9 12 (3.52%) Applications Support
10 11 (3.23%) Senior Java Developer
10 11 (3.23%) Equity Derivatives Business Analyst
11 10 (2.93%) Programmer
11 10 (2.93%) Test Manager
12 8 (2.35%) Senior Analyst
12 8 (2.35%) Java Programmer
12 8 (2.35%) Architect
13 7 (2.05%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 36 (10.56%) XML
2 30 (8.80%) Spring
3 24 (7.04%) .NET
4 18 (5.28%) Hibernate
5 13 (3.81%) WCF
5 13 (3.81%) WPF
6 12 (3.52%) FpML
7 11 (3.23%) JDBC
8 10 (2.93%) LINQ
9 8 (2.35%) Boost C++ Libraries
9 8 (2.35%) WinForms
10 7 (2.05%) STL
10 7 (2.05%) HTML
10 7 (2.05%) J2EE
10 7 (2.05%) JMS
11 6 (1.76%) FIX Protocol
12 5 (1.47%) .NET Framework
12 5 (1.47%) Django
12 5 (1.47%) HTML5
13 4 (1.17%) Twisted
Miscellaneous
1 99 (29.03%) Foreign Exchange (FX)
2 88 (25.81%) Fixed Income
3 62 (18.18%) Equities
4 45 (13.20%) Equity Derivative
5 37 (10.85%) Credit Derivative
6 19 (5.57%) Credit Risk
7 15 (4.40%) Market Risk
7 15 (4.40%) Interest Rate Derivative
8 9 (2.64%) Grid Computing
8 9 (2.64%) Mathematics
9 7 (2.05%) Computer Science
9 7 (2.05%) DTCC
10 5 (1.47%) Reference Data
11 4 (1.17%) Hedge funds
11 4 (1.17%) SWIFT
12 3 (0.88%) Economics
12 3 (0.88%) iSeries
12 3 (0.88%) Enterprise Software
13 2 (0.59%) Kindle
13 2 (0.59%) iPad
Operating Systems
1 36 (10.56%) UNIX
2 26 (7.62%) Linux
3 17 (4.99%) Windows
4 8 (2.35%) Oracle Linux
5 4 (1.17%) Windows 7
5 4 (1.17%) Windows XP
6 3 (0.88%) Windows Server 2003
6 3 (0.88%) Windows Server 2008
7 2 (0.59%) Windows Vista
8 1 (0.29%) Solaris
8 1 (0.29%) Red Hat Enterprise Linux
Processes & Methodologies
1 33 (9.68%) Agile Software Development
2 31 (9.09%) Risk Management
3 30 (8.80%) Multithreading
4 27 (7.92%) Data Analysis
5 26 (7.62%) OO
6 25 (7.33%) Business Analysis
7 22 (6.45%) Analytics
8 21 (6.16%) Project Management
9 18 (5.28%) TDD
9 18 (5.28%) Asset Management
10 16 (4.69%) User Acceptance Testing
11 15 (4.40%) Low Latency
12 13 (3.81%) Migration
12 13 (3.81%) Performance Tuning
12 13 (3.81%) Continuous Integration
12 13 (3.81%) Investment Management
13 12 (3.52%) Scrum
13 12 (3.52%) Data Modelling
14 11 (3.23%) Stakeholder Management
15 10 (2.93%) Software Engineering
Programming Languages
1 101 (29.62%) SQL
2 81 (23.75%) Java
3 45 (13.20%) C#
4 40 (11.73%) C++
5 30 (8.80%) Python
6 15 (4.40%) Perl
7 14 (4.11%) VBA
8 12 (3.52%) PL/SQL
9 10 (2.93%) T-SQL
9 10 (2.93%) Shell Script
10 9 (2.64%) Scala
11 6 (1.76%) Bash Shell
11 6 (1.76%) JavaScript
12 3 (0.88%) RPG
12 3 (0.88%) XPath
13 2 (0.59%) F#
14 1 (0.29%) VB
14 1 (0.29%) C
14 1 (0.29%) MATLAB
14 1 (0.29%) XAML
Qualifications
1 21 (6.16%) Degree
2 4 (1.17%) MBA
2 4 (1.17%) ISEB
2 4 (1.17%) PhD
3 3 (0.88%) MCSE
3 3 (0.88%) Microsoft Certification
3 3 (0.88%) ISTQB
4 1 (0.29%) MCSD
4 1 (0.29%) PRINCE2 Certification
4 1 (0.29%) PMP
4 1 (0.29%) PMI Certification
4 1 (0.29%) ACCA
4 1 (0.29%) CIMA
4 1 (0.29%) Security Cleared
Quality Assurance & Compliance
1 31 (9.09%) EMIR
2 24 (7.04%) Dodd-Frank
3 10 (2.93%) QA
4 8 (2.35%) Basel III
5 6 (1.76%) CRD IV
6 3 (0.88%) ISO 9001
6 3 (0.88%) MiFID
7 2 (0.59%) FATCA
8 1 (0.29%) SLA
8 1 (0.29%) Basel II
8 1 (0.29%) COREP
8 1 (0.29%) FINREP
8 1 (0.29%) AIFMD
8 1 (0.29%) Data Quality
System Software
1 2 (0.59%) HDFS
1 2 (0.59%) VMware Infrastructure
1 2 (0.59%) Active Directory
Systems Management
1 3 (0.88%) HP Quality Center
2 2 (0.59%) Puppet
2 2 (0.59%) Opscode Chef
2 2 (0.59%) Control-M
3 1 (0.29%) BMC PATROL
3 1 (0.29%) Nagios
3 1 (0.29%) ServiceCenter
Vendors
1 56 (16.42%) Oracle
2 20 (5.87%) Sybase
3 12 (3.52%) Microsoft
4 8 (2.35%) DevExpress
4 8 (2.35%) DataSynapse
4 8 (2.35%) Murex
5 7 (2.05%) Charles River
5 7 (2.05%) Reuters
6 6 (1.76%) Bloomberg
7 5 (1.47%) Calypso
7 5 (1.47%) Remedy
7 5 (1.47%) thinkFolio
8 4 (1.17%) HP
9 3 (0.88%) TIBCO
9 3 (0.88%) Syncfusion
9 3 (0.88%) Fiserv
10 2 (0.59%) VMware
10 2 (0.59%) Thunderhead
10 2 (0.59%) Perforce
10 2 (0.59%) Sophis
City, London
Harrington Starr
Rate: £600 per day
Posted: 22 hours ago
City of London
Streamline Connections
Rate: £450 - £500 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £700 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £450 - £550 per annum + competitive
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £525 - £625 per day
Posted: 2 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 3 days ago
City, London
Harrington Starr
Rate: £600 - £800 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 3 days ago
City, London
JM
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
Go Partnership.
Rate: From £400 to £600 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: market rate
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £800 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £575 - £675 per day
Posted: 4 days ago
City, London
Marcus Donald People
Rate: £550-650 Daily
Posted: 5 days ago
City of London
Deerfoot IT
Rate: £400 - £450 per day
Posted: 7 days ago
City of London
Interquest - IQ ESM
Rate: £550 - £600 per day
Posted: 17 days ago