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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 82 67 54
Rank change year-on-year
-15 -13
Contract jobs citing Derivative 86 155 196
As % of all contract IT jobs located in the City of London 2.54% 2.80% 3.28%
As % of the Miscellaneous category 6.61% 7.58% 8.48%
Number of daily rates quoted 77 135 176
Median daily rate £533 £575 £550
Median daily rate % change year-on-year
-7.39% +4.54%
90% offered a daily rate of more than £425 £455 £408
10% offered a daily rate of more than £643 £675 £700
UK excluding London median daily rate £335 £425 £385
% change year-on-year
-21.17% +10.38%
Number of hourly rates quoted 2 0 2
Median hourly rate £65.00 - £30.00
90% offered a hourly rate of more than £53.00 - £14.00
10% offered a hourly rate of more than £77.00 - £46.00
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
1302 2046 2311
As % of all contract IT jobs located in the City of London 38.49% 36.94% 38.68%
Number of daily rates quoted 1073 1601 1761
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 18 33 33
Median hourly rate £19.00 £21.00 £21.00
Median hourly rate % change year-on-year
-9.52% -
90% offered a hourly rate of more than £12.50 £13.95 £12.50
10% offered a hourly rate of more than £50.00 £57.85 £49.25
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%

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 28 May 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 28 May 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 28 May 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.

1 144 (62.61%) Finance
2 122 (53.04%) Banking
3 95 (41.30%) Java
4 88 (38.26%) Front Office
5 84 (36.52%) Fixed Income
6 81 (35.22%) Foreign Exchange (FX)
7 74 (32.17%) SQL
8 64 (27.83%) Equities
9 63 (27.39%) Investment Banking
10 61 (26.52%) Agile Software Development
10 61 (26.52%) TDD
11 54 (23.48%) Oracle
12 43 (18.70%) Unix
13 41 (17.83%) Maven
14 38 (16.52%) Analytical Skills
15 36 (15.65%) Pair Programming
16 35 (15.22%) C#
16 35 (15.22%) BDD
17 30 (13.04%) Spring
18 25 (10.87%) Equity Derivative
19 24 (10.43%) Windows
20 23 (10.00%) DataSynapse
20 23 (10.00%) Business Analysis
21 22 (9.57%) Sybase
21 22 (9.57%) Oracle Coherence
22 20 (8.70%) SQL Server
23 19 (8.26%) C++
23 19 (8.26%) XML
23 19 (8.26%) IntelliJ
23 19 (8.26%) Eclipse

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 22 (9.57%) Oracle Coherence
2 17 (7.39%) Tomcat
3 5 (2.17%) MQSeries
3 5 (2.17%) Mule
3 5 (2.17%) WebLogic
4 1 (0.43%) Apache
4 1 (0.43%) Apache Pig
4 1 (0.43%) Apache Spark
4 1 (0.43%) Confluence
4 1 (0.43%) GemFire
4 1 (0.43%) Jetty
4 1 (0.43%) WebSphere
4 1 (0.43%) WebSphere Application Server
Applications
1 3 (1.30%) MS PowerPoint
2 2 (0.87%) MS Visio
2 2 (0.87%) Spreadsheet
3 1 (0.43%) HipChat
3 1 (0.43%) MS Excel
3 1 (0.43%) MS Project
3 1 (0.43%) Open Workbench
Business Applications
1 6 (2.61%) Markit EDM
2 4 (1.74%) Front Arena
3 2 (0.87%) Bloomberg TOMS
3 2 (0.87%) Endur
3 2 (0.87%) ION MarketView
3 2 (0.87%) Loan IQ
3 2 (0.87%) Summit
3 2 (0.87%) SunGard GMI
4 1 (0.43%) Eikon
4 1 (0.43%) IntelliMatch
4 1 (0.43%) Kondor
4 1 (0.43%) SunGard Stream Clearvision
Cloud Services
1 1 (0.43%) Amazon AWS
Communications & Networking
1 4 (1.74%) PuTTY
2 3 (1.30%) SAN
3 1 (0.43%) Firewall
3 1 (0.43%) HTTP
3 1 (0.43%) Internet
3 1 (0.43%) iSCSI
3 1 (0.43%) LAN
3 1 (0.43%) NAS
3 1 (0.43%) SSH
3 1 (0.43%) SSL
3 1 (0.43%) TCP/IP
3 1 (0.43%) VPN
3 1 (0.43%) Wi-Fi
Database & Business Intelligence
1 20 (8.70%) SQL Server
2 16 (6.96%) Data Warehouse
3 8 (3.48%) Relational Database
4 6 (2.61%) SQL Server Integration Services
4 6 (2.61%) SQL Server Reporting Services
5 5 (2.17%) BusinessObjects
5 5 (2.17%) Oracle Database
6 4 (1.74%) BusinessObjects Web Intelligence
6 4 (1.74%) BusinessObjects XI
6 4 (1.74%) Crystal Reports
6 4 (1.74%) MongoDB
6 4 (1.74%) Oracle Reports
7 3 (1.30%) RDBMS
8 2 (0.87%) Data Mart
8 2 (0.87%) Data Mining
8 2 (0.87%) NoSQL
8 2 (0.87%) SQL Server Analysis Services
8 2 (0.87%) Star Schema
9 1 (0.43%) Apache Hive
9 1 (0.43%) Hadoop
Development Applications
1 41 (17.83%) Maven
2 19 (8.26%) Eclipse
2 19 (8.26%) IntelliJ
3 14 (6.09%) JIRA
4 6 (2.61%) ClearCase
4 6 (2.61%) ClearQuest
4 6 (2.61%) Jenkins
4 6 (2.61%) Subversion
5 5 (2.17%) Cucumber
5 5 (2.17%) EasyMock
5 5 (2.17%) JMeter
5 5 (2.17%) JUnit
5 5 (2.17%) LoadRunner
5 5 (2.17%) Mockito
5 5 (2.17%) Selenium
6 2 (0.87%) HP UFT
6 2 (0.87%) PowerDesigner
6 2 (0.87%) Team Foundation Server
6 2 (0.87%) TeamCity
6 2 (0.87%) TestComplete
General
1 144 (62.61%) Finance
2 122 (53.04%) Banking
3 88 (38.26%) Front Office
4 63 (27.39%) Investment Banking
5 13 (5.65%) Back Office
6 5 (2.17%) Advertising
7 1 (0.43%) French Language
7 1 (0.43%) General Ledger
7 1 (0.43%) German Language
7 1 (0.43%) Legal
7 1 (0.43%) Retail
Job Titles
1 122 (53.04%) Developer
2 79 (34.35%) Java Developer
3 63 (27.39%) Analyst
4 38 (16.52%) Business Analyst
5 35 (15.22%) Senior Developer
6 30 (13.04%) Agile Developer
6 30 (13.04%) Senior Java Developer
7 29 (12.61%) Agile Java Developer
8 19 (8.26%) Senior Agile Developer
8 19 (8.26%) Senior Agile Java Developer
9 14 (6.09%) Applications Support
10 12 (5.22%) C++ Developer
10 12 (5.22%) Front Office Developer
11 11 (4.78%) Senior Analyst
12 10 (4.35%) Programmer
12 10 (4.35%) Test Analyst
13 9 (3.91%) Banking Analyst
13 9 (3.91%) Senior Business Analyst
13 9 (3.91%) Support Analyst
14 8 (3.48%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 30 (13.04%) Spring
2 19 (8.26%) XML
3 16 (6.96%) FIX Protocol
4 14 (6.09%) JMS
5 12 (5.22%) FpML
5 12 (5.22%) HTML
6 9 (3.91%) .NET
7 6 (2.61%) ActiveMQ
7 6 (2.61%) Apache Camel
7 6 (2.61%) CSS
7 6 (2.61%) FIXML
7 6 (2.61%) Hibernate
7 6 (2.61%) J2EE
7 6 (2.61%) REST
7 6 (2.61%) WebSphere MQ
7 6 (2.61%) XML Schema
8 5 (2.17%) Java EE
8 5 (2.17%) JPA
8 5 (2.17%) JSON
8 5 (2.17%) Spring Boot
Miscellaneous
1 84 (36.52%) Fixed Income
2 81 (35.22%) Foreign Exchange (FX)
3 64 (27.83%) Equities
4 38 (16.52%) Analytical Skills
5 25 (10.87%) Equity Derivative
6 19 (8.26%) Grid Computing
7 17 (7.39%) OTC Derivatives
8 15 (6.52%) Credit Derivative
9 14 (6.09%) Market Risk
10 12 (5.22%) Credit Risk
11 7 (3.04%) Data Structures
11 7 (3.04%) Hedge funds
12 6 (2.61%) Enterprise Software
12 6 (2.61%) Interest Rate Derivative
13 4 (1.74%) Fintech
13 4 (1.74%) SWIFT
14 3 (1.30%) Management Information System
14 3 (1.30%) Mathematics
15 2 (0.87%) Algorithms
15 2 (0.87%) Reference Data
Operating Systems
1 43 (18.70%) Unix
2 24 (10.43%) Windows
3 18 (7.83%) Linux
4 5 (2.17%) Solaris
4 5 (2.17%) Windows Server
5 3 (1.30%) Windows Server 2012
6 1 (0.43%) AIX
6 1 (0.43%) CentOS
6 1 (0.43%) Mac OS X
Processes & Methodologies
1 61 (26.52%) Agile Software Development
1 61 (26.52%) TDD
2 36 (15.65%) Pair Programming
3 35 (15.22%) BDD
4 23 (10.00%) Business Analysis
5 19 (8.26%) Mentoring
5 19 (8.26%) User Acceptance Testing
6 18 (7.83%) Risk Management
7 17 (7.39%) Multithreading
8 15 (6.52%) Analytics
9 14 (6.09%) Project Management
9 14 (6.09%) SDLC
9 14 (6.09%) Unit Testing
10 13 (5.65%) Data Modelling
11 12 (5.22%) Business Intelligence
11 12 (5.22%) OO
12 11 (4.78%) Data Analysis
12 11 (4.78%) UML
13 9 (3.91%) Migration
13 9 (3.91%) Requirements Analysis
Programming Languages
1 95 (41.30%) Java
2 74 (32.17%) SQL
3 35 (15.22%) C#
4 19 (8.26%) C++
5 15 (6.52%) Perl
5 15 (6.52%) Shell Script
6 12 (5.22%) T-SQL
7 11 (4.78%) Python
8 10 (4.35%) JavaScript
8 10 (4.35%) VBA
9 8 (3.48%) VB
10 7 (3.04%) Bash Shell
11 6 (2.61%) PL/SQL
12 4 (1.74%) VC++
13 3 (1.30%) MATLAB
14 2 (0.87%) PowerShell
14 2 (0.87%) Scala
14 2 (0.87%) Tcl
14 2 (0.87%) VBScript
15 1 (0.43%) IronPython
Qualifications
1 9 (3.91%) Degree
2 3 (1.30%) CCA
2 3 (1.30%) Citrix Certification
3 2 (0.87%) PhD
4 1 (0.43%) ITIL Certification
Quality Assurance & Compliance
1 11 (4.78%) MiFID
2 9 (3.91%) Dodd-Frank
3 6 (2.61%) EMIR
3 6 (2.61%) QA
4 2 (0.87%) AIFMD
4 2 (0.87%) SLA
4 2 (0.87%) UCITS
5 1 (0.43%) Basel III
5 1 (0.43%) COREP
5 1 (0.43%) CRD IV
5 1 (0.43%) Data Quality
5 1 (0.43%) Disclosure Scotland
5 1 (0.43%) FATCA
5 1 (0.43%) Solvency II
System Software
1 3 (1.30%) VMware Infrastructure
1 3 (1.30%) XenApp
2 2 (0.87%) VMware ESX
3 1 (0.43%) Active Directory
3 1 (0.43%) Apache ZooKeeper
3 1 (0.43%) HDFS
3 1 (0.43%) VMware ESXi
Systems Management
1 7 (3.04%) HP Quality Center
2 6 (2.61%) Control-M
3 3 (1.30%) AppDNA
3 3 (1.30%) ITRS Geneos
4 1 (0.43%) ZABBIX
Vendors
1 54 (23.48%) Oracle
2 23 (10.00%) DataSynapse
3 22 (9.57%) Sybase
4 9 (3.91%) Bloomberg
4 9 (3.91%) Microsoft
4 9 (3.91%) Murex
5 8 (3.48%) Reuters
6 6 (2.61%) SunGard
6 6 (2.61%) VMware
7 5 (2.17%) Charles River
7 5 (2.17%) HP
7 5 (2.17%) Informatica
7 5 (2.17%) ION Trading
8 4 (1.74%) Fidessa
8 4 (1.74%) Remedy
9 3 (1.30%) Algorithmics
9 3 (1.30%) Citrix
9 3 (1.30%) IBM
10 2 (0.87%) OpenLink
10 2 (0.87%) TIBCO
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