Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the prevalence of the term Derivative in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

 Derivatives
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank131915
Rank change year-on-year
Up+6Down-4
Matching contract IT job ads275011733221
As % of all contract IT jobs located in London10.62 %7.106 %8.789 %
As % of the Miscellaneous category30.30 %23.18 %31.62 %
Daily rates quoted18585891676
Average daily rate£550£525£600
Average daily rate % change year-on-year
+4.760 %-12.50 %
90% of contracts offered a daily rate of more than£438£388£475
10% of contracts offered a daily rate of more than£650£650£725
UK excluding London average daily rate£475£288£450
% change year-on-year
+65.21 %-36.11 %
Hourly rates quoted0117
Average hourly rate-£42.50£35.00
Average hourly rate % change year-on-year
-+21.42 %
UK excluding London average hourly rate£190.00£66.75-
% change year-on-year
+184.64 %-
London IT Contractor Job Market, Miscellaneous CategoryAll Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
9076506110185
As % of all contract IT jobs located in London35.04 %30.66 %27.79 %
Daily rates quoted542122454603
Average daily rate£535£475£550
Average daily rate % change year-on-year
+12.63 %-13.63 %
90% of contracts offered a daily rate of more than£325£275£325
10% of contracts offered a daily rate of more than£650£625£700
UK excluding London average daily rate£325£330£350
% change year-on-year
-1.510 %-5.710 %
Hourly rates quoted203234459
Average hourly rate£20.00£20.00£24.00
Average hourly rate % change year-on-year
--16.66 %
90% of contracts offered a hourly rate of more than£13.00£13.50£12.50
10% of contracts offered a hourly rate of more than£50.00£39.00£42.50
UK excluding London average hourly rate£19.00£22.63£25.00
% change year-on-year
-16.04 %-9.480 %
Derivative EnglandDerivative
England

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.

Derivative
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Derivative across the London region as a proportion of the total demand within the Miscellaneous category.

London Derivative Demand Trend

Derivative
Daily Rate Trend

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

London Derivative Daily Rate Trend

Derivative
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 19 March 2010.

London Derivative Daily Rate Histogram

Derivative
Hourly Rate Trend

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

London Derivative Hourly Rate Trend

Derivative
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the London region over the 3 months to 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of LondonUp+11246£550+10.00 %
Canary WharfUp+1149£600+9.09 %
Docklands, LondonDown-257£513-14.58 %
Derivative EnglandDerivative
England

Derivative
Top 30 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs across the 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.

12746 (53.42 %)Banking
22338 (45.49 %)Front Office
32059 (40.06 %)Investment Banking
41528 (29.73 %)Finance
51489 (28.97 %)Java
61478 (28.75 %)C#
71366 (26.58 %)Equity Derivative
81175 (22.86 %)SQL
91138 (22.14 %)Fixed Income
101004 (19.53 %)Foreign Exchange (FX)
11892 (17.35 %)Credit Derivative
12841 (16.36 %)C++
13774 (15.06 %)Interest Rate Derivative
14677 (13.17 %)Equities
15673 (13.09 %).NET
16647 (12.59 %)Oracle
17612 (11.91 %)XML
18608 (11.83 %)UNIX
19577 (11.23 %)Risk Management
20565 (10.99 %)Business Analysis
21535 (10.41 %)Sybase
22489 (9.514 %)Back Office
23472 (9.183 %)SQL Server
24456 (8.872 %)VBA
25449 (8.735 %)OO
26425 (8.268 %)Spring
27355 (6.907 %)WinForms
28353 (6.868 %)Agile Software Development
29340 (6.615 %)Windows
30324 (6.304 %)Project Management

Derivative
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs across the 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.

London IT Contractor Job Market, Application Development CategoryApplication Development
1673 (13.09 %).NET
2612 (11.91 %)XML
3425 (8.268 %)Spring
4355 (6.907 %)WinForms
5319 (6.206 %)Hibernate
6277 (5.389 %)WPF
7189 (3.677 %)J2EE
8133 (2.588 %)Oracle Coherence
9128 (2.490 %)Web Services
10117 (2.276 %)J2SE
11106 (2.062 %)Middleware
12100 (1.946 %)Swing
1384 (1.634 %)XSLT
1476 (1.479 %)JDBC
1572 (1.401 %)WCF
1671 (1.381 %)SOAP
1770 (1.362 %)STL
1770 (1.362 %)JMS
1863 (1.226 %)ASP.NET
1949 (0.953 %)FpML
London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
192 (1.790 %)Rendezvous
248 (0.934 %)MQSeries
339 (0.759 %)WebLogic
434 (0.661 %)TIBCO EMS
520 (0.389 %)SharePoint
619 (0.370 %)Tomcat
718 (0.350 %)MS Exchange
815 (0.292 %)Confluence
914 (0.272 %)Oracle Workflow
1013 (0.253 %)WebLogic Portal
1112 (0.233 %)Apache
1210 (0.195 %)Liferay
137 (0.136 %)CMS
146 (0.117 %)MTS
146 (0.117 %)CICS
146 (0.117 %)Jetty
155 (0.097 %)Oracle Service Bus
155 (0.097 %)IIS
164 (0.078 %)Documentum
164 (0.078 %)SAS
London IT Contractor Job Market, Applications CategoryApplications
1171 (3.327 %)Spreadsheet
2116 (2.257 %)MS Excel
348 (0.934 %)MS Office
439 (0.759 %)MS Project
536 (0.700 %)MS Visio
611 (0.214 %)CA Clarity
77 (0.136 %)MS PowerPoint
86 (0.117 %)MATLAB
92 (0.039 %)Paint Shop Pro
92 (0.039 %)Photoshop
92 (0.039 %)Acrobat
London IT Contractor Job Market, Business Applications CategoryBusiness Applications
1125 (2.432 %)Summit
247 (0.914 %)Endur
322 (0.428 %)Sophis RISQUE
420 (0.389 %)RMDS
517 (0.331 %)ION MarketView
615 (0.292 %)GL Clearvision
712 (0.233 %)Murex MxG2000
810 (0.195 %)Front Arena
810 (0.195 %)Sophis VALUE
810 (0.195 %)Algo Collateral
97 (0.136 %)SunGard GMI
97 (0.136 %)Oracle 11i
106 (0.117 %)BusinessWorks
106 (0.117 %)SolArc RightAngle
115 (0.097 %)Oracle BPM
115 (0.097 %)ADP Wilco Gloss
124 (0.078 %)Remedy ITSM
133 (0.058 %)AquaLogic BPM
133 (0.058 %)Findur
142 (0.039 %)Global One
London IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
115 (0.292 %)TCP/IP
212 (0.233 %)Internet
36 (0.117 %)SAN
45 (0.097 %)SSL
45 (0.097 %)HTTP
45 (0.097 %)Firewall
53 (0.058 %)Intranet
62 (0.039 %)LAN
62 (0.039 %)WAN
62 (0.039 %)LDAP
71 (0.019 %)FTP
71 (0.019 %)ATM
London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
1472 (9.183 %)SQL Server
2128 (2.490 %)RDBMS
389 (1.732 %)SQL Server 2005
466 (1.284 %)Datawarehouse
555 (1.070 %)SQL Server Integration Services
651 (0.992 %)Oracle 10g
738 (0.739 %)ETL
738 (0.739 %)Reference Data
833 (0.642 %)Oracle 8/8i
928 (0.545 %)SQL Server Reporting Services
928 (0.545 %)BusinessObjects
1020 (0.389 %)Data Mart
1119 (0.370 %)SQL Server Analysis Services
1119 (0.370 %)SQL Server 2000
1218 (0.350 %)OLAP
1315 (0.292 %)Oracle Reports
1315 (0.292 %)DB2
1413 (0.253 %)Microsoft Analysis Services
1512 (0.233 %)Oracle OWB
1512 (0.233 %)OLTP
London IT Contractor Job Market, Development Applications CategoryDevelopment Applications
1147 (2.860 %)JUnit
2139 (2.704 %)Subversion
373 (1.420 %)ClearCase
470 (1.362 %)Visual Studio
566 (1.284 %)Maven
665 (1.265 %)JIRA
758 (1.128 %)NUnit
849 (0.953 %)Ant
933 (0.642 %)TeamCity
1030 (0.584 %)EasyMock
1129 (0.564 %)FitNesse
1224 (0.467 %)jMock
1320 (0.389 %)QuickTest Pro
1418 (0.350 %)Eclipse
1517 (0.331 %)TestDirector
1616 (0.311 %)ClearQuest
1616 (0.311 %)Visual Studio Tools for Office
1715 (0.292 %)CruiseControl
1813 (0.253 %)NCover
1813 (0.253 %)Rational Rose
London IT Contractor Job Market, General CategoryGeneral
12746 (53.42 %)Banking
22338 (45.49 %)Front Office
32059 (40.06 %)Investment Banking
41528 (29.73 %)Finance
5489 (9.514 %)Back Office
658 (1.128 %)Financial Institution
730 (0.584 %)Retail
828 (0.545 %)Legal
927 (0.525 %)Publishing
927 (0.525 %)Education
1026 (0.506 %)General Ledger
1123 (0.447 %)Construction
1222 (0.428 %)Government
1222 (0.428 %)Health
1313 (0.253 %)Marketing
1313 (0.253 %)Insurance
1410 (0.195 %)Law
159 (0.175 %)Home Office
166 (0.117 %)Retail Banking
166 (0.117 %)Corporate Banking
London IT Contractor Job Market, Job Titles CategoryJob Titles
12521 (49.05 %)Developer
21729 (33.64 %)Analyst
31308 (25.45 %)Business Analyst
4867 (16.87 %)Java Developer
5855 (16.63 %)C# Developer
6385 (7.490 %)Senior Developer
7321 (6.245 %)Project Manager
8297 (5.778 %)C++ Developer
9218 (4.241 %)Front Office Developer
10184 (3.580 %)Excel Developer
11173 (3.366 %)Senior C# Developer
12170 (3.307 %)Investment Banking Business Analyst
13166 (3.230 %)Banking Business Analyst
14145 (2.821 %)Senior Analyst
15141 (2.743 %)Equity Derivatives Business Analyst
16126 (2.451 %)Senior Java Developer
17125 (2.432 %)GUI Developer
18124 (2.412 %)Support Analyst
19121 (2.354 %).NET Developer
20120 (2.335 %)VBA Developer
London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
11366 (26.58 %)Equity Derivative
21138 (22.14 %)Fixed Income
31004 (19.53 %)Foreign Exchange (FX)
4892 (17.35 %)Credit Derivative
5774 (15.06 %)Interest Rate Derivative
6677 (13.17 %)Equities
7261 (5.078 %)Multithreading
8239 (4.650 %)Credit Risk
9171 (3.327 %)Market Risk
10131 (2.549 %)Grid Computing
1180 (1.556 %)Client/Server
1266 (1.284 %)Exotic Derivative
1365 (1.265 %)Mathematics
1455 (1.070 %)Swaptions
1534 (0.661 %)Open Source
1534 (0.661 %)N-Tier
1627 (0.525 %)DTCC
1720 (0.389 %)Cloud Computing
1819 (0.370 %)Computer Science
1915 (0.292 %)Management Information System
London IT Contractor Job Market, Operating Systems CategoryOperating Systems
1608 (11.83 %)UNIX
2340 (6.615 %)Windows
3256 (4.981 %)Linux
463 (1.226 %)Solaris
521 (0.409 %)Windows Server 2003
612 (0.233 %)Windows 2000
612 (0.233 %)Windows 2000 Server
711 (0.214 %)Red Hat Linux
810 (0.195 %)VMS
810 (0.195 %)OpenVMS
810 (0.195 %)Windows XP
94 (0.078 %)Windows NT
102 (0.039 %)SUSE
London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1577 (11.23 %)Risk Management
2565 (10.99 %)Business Analysis
3449 (8.735 %)OO
4353 (6.868 %)Agile Software Development
5324 (6.304 %)Project Management
6229 (4.455 %)Migration
7211 (4.105 %)User Acceptance Testing
8151 (2.938 %)OOD
9144 (2.802 %)Workflow
10142 (2.763 %)E-Commerce
11138 (2.685 %)Change Management
12129 (2.510 %)Electronic Trading
13125 (2.432 %)TDD
14117 (2.276 %)RAD
15113 (2.198 %)PRINCE2
16109 (2.121 %)Data Modelling
17105 (2.043 %)OOA/OOD
1898 (1.907 %)UML
1988 (1.712 %)Monte Carlo Method
2083 (1.615 %)Data Analysis
London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
11489 (28.97 %)Java
21478 (28.75 %)C#
31175 (22.86 %)SQL
4841 (16.36 %)C++
5456 (8.872 %)VBA
6127 (2.471 %)Perl
7117 (2.276 %)C
8105 (2.043 %)Shell Script
998 (1.907 %)VC++
1097 (1.887 %)VB
1189 (1.732 %)PL/SQL
1260 (1.167 %)Python
1356 (1.089 %)T-SQL
1436 (0.700 %)Korn
1531 (0.603 %)JavaScript
1615 (0.292 %)VB.NET
1711 (0.214 %)PHP
1711 (0.214 %)XAML
188 (0.156 %)Ruby
188 (0.156 %)Bash shell
London IT Contractor Job Market, Qualifications CategoryQualifications
1224 (4.358 %)Degree
221 (0.409 %)ISEB
319 (0.370 %)PhD
418 (0.350 %)PRINCE2 Certification
418 (0.350 %)PMI Certification
517 (0.331 %)MCSE
517 (0.331 %)Microsoft Certification
614 (0.272 %)PMP
710 (0.195 %)CIMA
86 (0.117 %)ACCA
94 (0.078 %)ISEB Practitioner
94 (0.078 %)ISTQB
103 (0.058 %)CFA
103 (0.058 %)MBA
111 (0.019 %)Brainbench
111 (0.019 %)ITIL Certification
111 (0.019 %)MOS
London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
1155 (3.016 %)QA
223 (0.447 %)Basel II
317 (0.331 %)Sarbanes-Oxley
416 (0.311 %)GAAP
416 (0.311 %)MiFID
57 (0.136 %)ISO9001
65 (0.097 %)SLA
71 (0.019 %)IAS 39
London IT Contractor Job Market, System Software CategorySystem Software
110 (0.195 %)OpenSSO
26 (0.117 %)Oracle RAC
34 (0.078 %)Oracle RMAN
34 (0.078 %)Tivoli Workload Scheduler
41 (0.019 %)Veritas Volume Manager
41 (0.019 %)Microsoft Virtual Server
41 (0.019 %)NFS
41 (0.019 %)Samba
London IT Contractor Job Market, Systems Management CategorySystems Management
138 (0.739 %)AutoSys
217 (0.331 %)CONTROL-M
311 (0.214 %)BMC PATROL
49 (0.175 %)HP Quality Center
57 (0.136 %)Data Guard
57 (0.136 %)Tivoli
62 (0.039 %)NetBackup
71 (0.019 %)OpenView
London IT Contractor Job Market, Vendors CategoryVendors
1647 (12.59 %)Oracle
2535 (10.41 %)Sybase
3181 (3.521 %)TIBCO
4175 (3.405 %)Murex
5156 (3.035 %)Calypso
6111 (2.160 %)Microsoft
7103 (2.004 %)DataSynapse
896 (1.868 %)Sophis
966 (1.284 %)Bloomberg
1053 (1.031 %)Reuters
1147 (0.914 %)OpenLink
1228 (0.545 %)Business Objects
1324 (0.467 %)Remedy
1420 (0.389 %)Microgen
1519 (0.370 %)Citrix
1519 (0.370 %)Fidessa
1618 (0.350 %)Infragistics
1618 (0.350 %)Tangosol
1717 (0.331 %)thinkFolio
1717 (0.331 %)IBM