The first table below looks at the prevalence of the term Derivative in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Edinburgh region.

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
18 Apr 2014
Same period 2013 Same period 2012
Derivatives
Rank 72 53 61
Rank change year-on-year
-19 +8
Contract jobs citing Derivative 9 2 8
As % of all contract IT jobs located in Edinburgh 0.70% 0.27% 0.67%
As % of the Miscellaneous category 4.07% 1.59% 4.79%
Number of daily rates quoted 5 2 6
Average daily rate £563 £600 £425
Average daily rate % change year-on-year
-6.25% +41.17%
90% offered a daily rate of more than £450 £500 £353
10% offered a daily rate of more than £570 £700 £488
UK excluding London average daily rate £375 £354 £400
% change year-on-year
+6.00% -11.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £27.25 £25.00
% change year-on-year
- +9.00%
Miscellaneous Category
Edinburgh
Contract IT job ads with a match in the
Miscellaneous category
221 126 167
As % of all contract IT jobs located in Edinburgh 17.21% 16.73% 13.97%
Number of daily rates quoted 120 54 82
Average daily rate £375 £375 £355
Average daily rate % change year-on-year
- +5.63%
90% offered a daily rate of more than £212 £210 £224
10% offered a daily rate of more than £510 £500 £498
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 4 3 2
Average hourly rate £25.00 £12.42 £32.50
Average hourly rate % change year-on-year
+101.28% -61.78%
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%
Derivative
Scotland

Derivative
Jobs Demand Trend in Edinburgh

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Edinburgh region as a proportion of the total demand within the Miscellaneous category.

Derivative Jobs Demand Trend in Edinburgh

Derivative
Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the Edinburgh region.

Derivative Daily Rate Trend in Edinburgh

Derivative
Hourly Rate Trend in Edinburgh

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Derivative across the Edinburgh region.

Derivative Hourly Rate Trend in Edinburgh

Derivative
Top 30 Related IT Skills in Edinburgh

For the 6 months to 18 April 2014, IT contractor jobs across the Edinburgh 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 9 (60.00%) Asset Management
1 9 (60.00%) Investment Management
2 6 (40.00%) Finance
3 5 (33.33%) Stakeholder Management
3 5 (33.33%) Equities
4 4 (26.67%) Fixed Income
4 4 (26.67%) Front Office
4 4 (26.67%) Foreign Exchange (FX)
4 4 (26.67%) EMIR
4 4 (26.67%) Dodd-Frank
4 4 (26.67%) Business Analysis
5 3 (20.00%) Data Analysis
5 3 (20.00%) User Acceptance Testing
5 3 (20.00%) Charles River
5 3 (20.00%) Project Management
5 3 (20.00%) Murex
5 3 (20.00%) Calypso
5 3 (20.00%) Back Office
5 3 (20.00%) Summit
5 3 (20.00%) Banking
6 2 (13.33%) Six Sigma
6 2 (13.33%) Advertising
6 2 (13.33%) ISEB
6 2 (13.33%) Data Modelling
6 2 (13.33%) Investment Banking
6 2 (13.33%) Degree
6 2 (13.33%) Use Case
6 2 (13.33%) IIBA
6 2 (13.33%) Stakeholder Engagement
6 2 (13.33%) Markit EDM

Derivative
Top Related IT Skills in Edinburgh by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Edinburgh 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.

Business Applications
1 3 (20.00%) Summit
2 2 (13.33%) Markit EDM
3 1 (6.67%) MultiFonds
Database & Business Intelligence
1 1 (6.67%) SQL Server Integration Services
1 1 (6.67%) SQL Server Reporting Services
1 1 (6.67%) SQL Server
1 1 (6.67%) DTS
General
1 6 (40.00%) Finance
2 4 (26.67%) Front Office
3 3 (20.00%) Back Office
3 3 (20.00%) Banking
4 2 (13.33%) Advertising
4 2 (13.33%) Investment Banking
Job Titles
1 10 (66.67%) Business Analyst
1 10 (66.67%) Analyst
2 3 (20.00%) Project Manager
3 2 (13.33%) Business Project Manager
3 2 (13.33%) Senior Business Analyst
3 2 (13.33%) Senior Analyst
3 2 (13.33%) Business Manager
4 1 (6.67%) Charles River Consultant
4 1 (6.67%) Consultant
4 1 (6.67%) Developer
4 1 (6.67%) Support Consultant
4 1 (6.67%) Technical Analyst
4 1 (6.67%) Technical Business Analyst
Miscellaneous
1 5 (33.33%) Equities
2 4 (26.67%) Fixed Income
2 4 (26.67%) Foreign Exchange (FX)
3 1 (6.67%) Equity Derivative
Processes & Methodologies
1 9 (60.00%) Asset Management
1 9 (60.00%) Investment Management
2 5 (33.33%) Stakeholder Management
3 4 (26.67%) Business Analysis
4 3 (20.00%) Data Analysis
4 3 (20.00%) User Acceptance Testing
4 3 (20.00%) Project Management
5 2 (13.33%) Six Sigma
5 2 (13.33%) Data Modelling
5 2 (13.33%) Use Case
5 2 (13.33%) Stakeholder Engagement
6 1 (6.67%) Analytics
6 1 (6.67%) Fund Accounting
6 1 (6.67%) ETL
6 1 (6.67%) Migration
Programming Languages
1 1 (6.67%) SQL
1 1 (6.67%) T-SQL
Qualifications
1 2 (13.33%) ISEB
1 2 (13.33%) Degree
1 2 (13.33%) IIBA
Quality Assurance & Compliance
1 4 (26.67%) EMIR
1 4 (26.67%) Dodd-Frank
Vendors
1 3 (20.00%) Charles River
1 3 (20.00%) Murex
1 3 (20.00%) Calypso
2 1 (6.67%) FactSet
2 1 (6.67%) Bloomberg