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 contractor rates offered in IT contracts that have cited Derivative over the 3 months to 2 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
2 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 130 89 71
Rank change year-on-year
-41 -18
Contract jobs citing Derivative 446 550 681
As % of all contract IT jobs located in London 1.94% 2.42% 2.87%
As % of the Miscellaneous category 5.36% 6.62% 7.59%
Number of daily rates quoted 363 414 546
Median daily rate £550 £550 £575
Median daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £432 £475 £425
10% offered a daily rate of more than £700 £675 £700
UK excluding London median daily rate £338 £400 £375
% change year-on-year
-15.62% +6.66%
Number of hourly rates quoted 2 0 3
Median hourly rate £65.00 - £22.50
90% offered a hourly rate of more than £53.00 - £12.50
10% offered a hourly rate of more than £77.00 - £44.50
UK excluding London median hourly rate - - £42.00
Derivative
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8318 8302 8976
As % of all contract IT jobs located in London 36.24% 36.47% 37.87%
Number of daily rates quoted 5950 5636 6294
Median daily rate £475 £470 £450
Median daily rate % change year-on-year
+1.06% +4.44%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 117 128 161
Median hourly rate £22.00 £17.87 £21.00
Median hourly rate % change year-on-year
+23.14% -14.92%
90% offered a hourly rate of more than £12.50 £13.04 £14.01
10% offered a hourly rate of more than £53.00 £46.25 £41.00
UK excluding London median hourly rate £22.00 £18.90 £20.38
% change year-on-year
+16.40% -7.23%

Derivative
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in London

Derivative
Daily Rate Trend in London

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

Derivative Daily Rate Trend in London

Derivative
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 2 May 2016.

Derivative Daily Rate Histogram in London

Derivative
Hourly Rate Trend in London

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

Derivative Hourly Rate Trend in London

Derivative
Hourly Rate Histogram in London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Derivative across the London region over the 3 months to 2 May 2016.

Derivative Hourly Rate Histogram in London

Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the London region over the 3 months to 2 May 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +5 115 £544 -5.43% 28
Canary Wharf -2 6 £588 +6.81%
Docklands, London +11 2 £600 -2.04% 1
Derivative
England

Derivative
Top 30 Related IT Skills in London

For the 6 months to 2 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 London region with a requirement for Derivative.

1 493 (54.48%) Finance
2 431 (47.62%) Banking
3 373 (41.22%) Front Office
4 272 (30.06%) Foreign Exchange (FX)
4 272 (30.06%) SQL
5 270 (29.83%) Investment Banking
6 236 (26.08%) Fixed Income
7 223 (24.64%) C#
8 213 (23.54%) Java
9 203 (22.43%) Agile Software Development
10 189 (20.88%) Equities
11 141 (15.58%) Risk Management
12 140 (15.47%) Equity Derivative
13 119 (13.15%) TDD
14 116 (12.82%) Oracle
15 113 (12.49%) .NET
16 110 (12.15%) Credit Derivative
17 104 (11.49%) C++
18 103 (11.38%) Multithreading
19 101 (11.16%) SQL Server
20 91 (10.06%) Windows
20 91 (10.06%) Business Analysis
21 88 (9.72%) Unix
21 88 (9.72%) Murex
22 86 (9.50%) Credit Risk
23 85 (9.39%) Analytical Skills
24 80 (8.84%) Market Risk
25 75 (8.29%) Migration
25 75 (8.29%) Microsoft
26 73 (8.07%) User Acceptance Testing

Derivative
Top Related IT Skills in 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 35 (3.87%) Oracle Coherence
2 26 (2.87%) Tomcat
3 21 (2.32%) Confluence
4 18 (1.99%) Jetty
5 11 (1.22%) Apache
6 7 (0.77%) Apache Spark
7 5 (0.55%) MQSeries
7 5 (0.55%) Mule
7 5 (0.55%) WebLogic
7 5 (0.55%) WebSphere
8 4 (0.44%) GemFire
9 3 (0.33%) SharePoint
10 2 (0.22%) Elasticsearch
10 2 (0.22%) IIS
11 1 (0.11%) CMS
11 1 (0.11%) Lightstreamer
11 1 (0.11%) Oracle Workflow
11 1 (0.11%) SAS
11 1 (0.11%) Sitecore CMS
11 1 (0.11%) WebSphere Application Server
Applications
1 24 (2.65%) MS Excel
2 11 (1.22%) Spreadsheet
3 9 (0.99%) HipChat
4 8 (0.88%) MS PowerPoint
5 5 (0.55%) MS Project
5 5 (0.55%) MS Visio
6 2 (0.22%) MS Office
7 1 (0.11%) Acrobat
7 1 (0.11%) Open Workbench
Business Applications
1 21 (2.32%) Summit
2 14 (1.55%) Endur
2 14 (1.55%) Front Arena
3 13 (1.44%) Markit EDM
4 12 (1.33%) ION MarketView
5 10 (1.10%) SunGard GMI
6 6 (0.66%) IntelliMatch
7 5 (0.55%) Algo Collateral
7 5 (0.55%) SunGard Stream Clearvision
8 4 (0.44%) thinkFolio
9 3 (0.33%) FINCAD Analytics
9 3 (0.33%) RMDS
10 2 (0.22%) Bloomberg TOMS
10 2 (0.22%) LatentZero
10 2 (0.22%) Loan IQ
10 2 (0.22%) Remedy ITSM
10 2 (0.22%) Rolfe and Nolan
10 2 (0.22%) SimCorp Dimension
11 1 (0.11%) Eikon
11 1 (0.11%) Kondor
Cloud Services
1 9 (0.99%) Amazon AWS
2 1 (0.11%) Adobe Analytics
2 1 (0.11%) Microsoft Azure
Communications & Networking
1 15 (1.66%) TCP/IP
2 11 (1.22%) Firewall
3 9 (0.99%) HTTP
3 9 (0.99%) SAN
3 9 (0.99%) SSH
3 9 (0.99%) SSL
4 8 (0.88%) VPN
4 8 (0.88%) Wi-Fi
5 7 (0.77%) LAN
5 7 (0.77%) NAS
6 6 (0.66%) iSCSI
7 4 (0.44%) Multicast
7 4 (0.44%) PuTTY
8 2 (0.22%) BGP
8 2 (0.22%) HTTPS
8 2 (0.22%) Internet
8 2 (0.22%) SDH
9 1 (0.11%) DNS
9 1 (0.11%) FTP
9 1 (0.11%) Intranet
Database & Business Intelligence
1 101 (11.16%) SQL Server
2 46 (5.08%) SQL Server Integration Services
3 34 (3.76%) Relational Database
4 27 (2.98%) SQL Server Reporting Services
5 26 (2.87%) Data Warehouse
6 19 (2.10%) MongoDB
6 19 (2.10%) RDBMS
7 18 (1.99%) NoSQL
8 9 (0.99%) MySQL
8 9 (0.99%) Oracle Database
8 9 (0.99%) SQL Server 2012
8 9 (0.99%) SQL Server Analysis Services
9 8 (0.88%) PostgreSQL
10 6 (0.66%) Data Mart
10 6 (0.66%) Microsoft Analysis Services
11 5 (0.55%) Big Data
11 5 (0.55%) BusinessObjects
11 5 (0.55%) Hadoop
11 5 (0.55%) Hazelcast
12 4 (0.44%) SQL Server 2008
Development Applications
1 43 (4.75%) JIRA
2 41 (4.53%) Maven
3 19 (2.10%) Subversion
4 18 (1.99%) IntelliJ
4 18 (1.99%) TeamCity
5 17 (1.88%) Team Foundation Server
6 16 (1.77%) Jenkins
7 15 (1.66%) Selenium
8 14 (1.55%) Eclipse
9 13 (1.44%) HP UFT
10 12 (1.33%) Git (software)
11 11 (1.22%) JUnit
12 8 (0.88%) ClearCase
12 8 (0.88%) ClearQuest
12 8 (0.88%) Octopus Deploy
13 7 (0.77%) Cucumber
13 7 (0.77%) Hudson
13 7 (0.77%) InstallShield
13 7 (0.77%) MSI
14 6 (0.66%) Mockito
General
1 493 (54.48%) Finance
2 431 (47.62%) Banking
3 373 (41.22%) Front Office
4 270 (29.83%) Investment Banking
5 61 (6.74%) Back Office
6 42 (4.64%) Financial Institution
7 13 (1.44%) Legal
8 9 (0.99%) General Ledger
9 8 (0.88%) Corporate Banking
9 8 (0.88%) Wholesale Banking
10 6 (0.66%) French Language
11 5 (0.55%) Advertising
11 5 (0.55%) Retail
12 4 (0.44%) Electronics
12 4 (0.44%) Law
13 2 (0.22%) Manufacturing
13 2 (0.22%) Telecoms
14 1 (0.11%) Billing
14 1 (0.11%) Marketing
14 1 (0.11%) Publishing
Job Titles
1 377 (41.66%) Developer
2 287 (31.71%) Analyst
3 217 (23.98%) Business Analyst
4 137 (15.14%) Java Developer
5 111 (12.27%) C# Developer
6 84 (9.28%) Project Manager
7 75 (8.29%) Senior Developer
8 60 (6.63%) Front Office Developer
9 59 (6.52%) Senior Java Developer
10 55 (6.08%) Risk Analyst
11 51 (5.64%) SQL Developer
12 48 (5.30%) .NET Developer
13 47 (5.19%) Senior Analyst
14 46 (5.08%) C# .NET Developer
15 45 (4.97%) C++ Developer
15 45 (4.97%) Derivatives Business Analyst
15 45 (4.97%) Risk Business Analyst
16 44 (4.86%) Banking Analyst
17 42 (4.64%) Senior Business Analyst
18 41 (4.53%) Front Office Business Analyst
Libraries, Frameworks & Software Standards
1 113 (12.49%) .NET
2 71 (7.85%) Spring
3 52 (5.75%) HTML
4 51 (5.64%) XML
5 47 (5.19%) FIX Protocol
6 37 (4.09%) AngularJS
6 37 (4.09%) HTML5
7 33 (3.65%) WPF
8 30 (3.31%) JMS
9 27 (2.98%) CSS
10 24 (2.65%) Boost C++ Libraries
10 24 (2.65%) STL
11 22 (2.43%) FpML
11 22 (2.43%) REST
12 20 (2.21%) .NET Framework
13 19 (2.10%) Twitter Bootstrap
14 18 (1.99%) Middleware
15 17 (1.88%) ATL
15 17 (1.88%) MFC
15 17 (1.88%) Spring Integration
Miscellaneous
1 272 (30.06%) Foreign Exchange (FX)
2 236 (26.08%) Fixed Income
3 189 (20.88%) Equities
4 140 (15.47%) Equity Derivative
5 110 (12.15%) Credit Derivative
6 86 (9.50%) Credit Risk
7 85 (9.39%) Analytical Skills
8 80 (8.84%) Market Risk
9 57 (6.30%) Interest Rate Derivative
10 40 (4.42%) Mathematics
11 29 (3.20%) Grid Computing
12 26 (2.87%) Hedge funds
13 23 (2.54%) Computer Science
14 20 (2.21%) Reference Data
15 15 (1.66%) Data Structures
16 10 (1.10%) Management Information System
16 10 (1.10%) Physics
16 10 (1.10%) SWIFT
17 8 (0.88%) Enterprise Software
17 8 (0.88%) Swaptions
Operating Systems
1 91 (10.06%) Windows
2 88 (9.72%) Unix
3 58 (6.41%) Linux
4 20 (2.21%) Windows Server
5 10 (1.10%) Solaris
6 9 (0.99%) CentOS
6 9 (0.99%) Windows Server 2012
7 4 (0.44%) Mac OS X
8 3 (0.33%) Mac OS X Server
8 3 (0.33%) VMS
9 1 (0.11%) AIX
9 1 (0.11%) Debian
9 1 (0.11%) Red Hat Enterprise Linux
9 1 (0.11%) Ubuntu
Processes & Methodologies
1 203 (22.43%) Agile Software Development
2 141 (15.58%) Risk Management
3 119 (13.15%) TDD
4 103 (11.38%) Multithreading
5 91 (10.06%) Business Analysis
6 75 (8.29%) Migration
7 73 (8.07%) User Acceptance Testing
8 70 (7.73%) Project Management
9 69 (7.62%) Asset Management
10 67 (7.40%) Stakeholder Management
11 61 (6.74%) OO
12 53 (5.86%) SDLC
13 46 (5.08%) Analytics
14 45 (4.97%) Scrum
15 44 (4.86%) BDD
16 42 (4.64%) Pair Programming
17 41 (4.53%) Data Analysis
18 39 (4.31%) Collateral Management
19 37 (4.09%) Investment Management
19 37 (4.09%) Low Latency
Programming Languages
1 272 (30.06%) SQL
2 223 (24.64%) C#
3 213 (23.54%) Java
4 104 (11.49%) C++
5 57 (6.30%) Python
6 53 (5.86%) VBA
7 42 (4.64%) JavaScript
8 41 (4.53%) Perl
9 23 (2.54%) Shell Script
10 21 (2.32%) VB
11 20 (2.21%) T-SQL
12 18 (1.99%) Scala
13 17 (1.88%) Bash Shell
13 17 (1.88%) PowerShell
13 17 (1.88%) VC++
14 16 (1.77%) PL/SQL
15 10 (1.10%) MATLAB
16 9 (0.99%) Haskell
17 5 (0.55%) VBScript
18 4 (0.44%) XAML
Qualifications
1 70 (7.73%) Degree
2 25 (2.76%) PhD
3 9 (0.99%) ISEB
4 8 (0.88%) ITIL Certification
5 6 (0.66%) ISTQB
6 3 (0.33%) CCA
6 3 (0.33%) Citrix Certification
6 3 (0.33%) PMI Certification
7 2 (0.22%) PRINCE2 Practitioner
7 2 (0.22%) Security Cleared
8 1 (0.11%) ACCA
8 1 (0.11%) APMP
8 1 (0.11%) CIMA
8 1 (0.11%) ISTQB Foundation Certification
8 1 (0.11%) PMP
8 1 (0.11%) PRINCE2 Certification
8 1 (0.11%) SC Cleared
Quality Assurance & Compliance
1 72 (7.96%) QA
2 67 (7.40%) MiFID
3 41 (4.53%) EMIR
4 39 (4.31%) Dodd-Frank
5 12 (1.33%) SLA
6 10 (1.10%) AIFMD
6 10 (1.10%) UCITS
7 8 (0.88%) Data Quality
7 8 (0.88%) FATCA
8 4 (0.44%) Basel III
9 2 (0.22%) Disclosure Scotland
10 1 (0.11%) COREP
10 1 (0.11%) CRD IV
10 1 (0.11%) ISO20022
10 1 (0.11%) Sarbanes-Oxley
10 1 (0.11%) Solvency II
System Software
1 11 (1.22%) VMware Infrastructure
2 8 (0.88%) Active Directory
2 8 (0.88%) VMware ESXi
3 5 (0.55%) oVirt
4 3 (0.33%) XenApp
5 2 (0.22%) Oracle RAC
5 2 (0.22%) Platform Symphony
5 2 (0.22%) VMware ESX
6 1 (0.11%) Docker
6 1 (0.11%) Hyper-V
6 1 (0.11%) Veritas Cluster Server
Systems Management
1 18 (1.99%) HP Quality Center
2 13 (1.44%) Control-M
3 7 (0.77%) ITRS Geneos
3 7 (0.77%) ZABBIX
4 6 (0.66%) Opscode Chef
4 6 (0.66%) Puppet
5 5 (0.55%) Salt
6 4 (0.44%) Tivoli
7 3 (0.33%) AppDNA
7 3 (0.33%) BMC PATROL
7 3 (0.33%) Nagios
8 1 (0.11%) Ansible
8 1 (0.11%) Kibana
8 1 (0.11%) logstash
8 1 (0.11%) OpenView
Vendors
1 116 (12.82%) Oracle
2 88 (9.72%) Murex
3 75 (8.29%) Microsoft
4 61 (6.74%) Calypso
5 45 (4.97%) Sybase
6 33 (3.65%) Bloomberg
7 30 (3.31%) DataSynapse
7 30 (3.31%) ION Trading
8 20 (2.21%) SunGard
8 20 (2.21%) TIBCO
9 15 (1.66%) Fidessa
9 15 (1.66%) Reuters
9 15 (1.66%) VMware
10 13 (1.44%) Charles River
10 13 (1.44%) HP
10 13 (1.44%) OpenLink
11 10 (1.10%) Algorithmics
12 9 (0.99%) IBM
12 9 (0.99%) ServiceNow
13 6 (0.66%) Trayport
City, London
E-synergy Solutions
Rate: £750 - £850 per annum
Posted: 3 days ago
London
Red10
Rate: £500 - £600 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £550 - £800 per annum
Posted: 5 days ago
London
McGregor Boyall
Rate: £300 - £350 per day
Posted: 6 days ago
London
Hydrogen Group
Posted: 6 days ago
London
Data Idols
Rate: From £400 to £500 per day
Posted: 6 days ago
London
Hays London City Cheapside
Rate: £590.00 - £640.00 per day
Posted: 7 days ago