The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 28 January 2015 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
28 Jan 2015
Same period 2014 Same period 2013
Derivatives
Rank 109 103 82
Rank change year-on-year
-6 -21
Contract jobs citing Derivative 11 9 27
As % of all contract IT jobs located in Scotland 0.42% 0.39% 1.31%
As % of the Miscellaneous category 1.70% 1.76% 5.36%
Number of daily rates quoted 5 8 17
Average daily rate
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£425 £475 £375
Average daily rate % change year-on-year
-10.52% +26.66%
90% offered a daily rate of more than £394 £364 £338
10% offered a daily rate of more than £540 £565 £475
UK excluding London average daily rate £501 £425 £373
% change year-on-year
+17.88% +14.09%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £37.50
Derivative
UK

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

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
646 511 504
As % of all contract IT jobs located in Scotland 24.48% 22.39% 24.42%
Number of daily rates quoted 360 248 261
Average daily rate £375 £375 £350
Average daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £225 £245 £180
10% offered a daily rate of more than £500 £500 £450
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.57% +3.70%
Number of hourly rates quoted 11 18 15
Average hourly rate £16.00 £15.00 £16.00
Average hourly rate % change year-on-year
+6.66% -6.25%
90% offered a hourly rate of more than £11.77 £11.55 £10.42
10% offered a hourly rate of more than £32.35 £29.57 £40.00
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

Derivative
Jobs Demand Trend in Scotland

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

Derivative Jobs Demand Trend in Scotland

Derivative
Daily Rate Trend in Scotland

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

Derivative Daily Rate Trend in Scotland

Derivative
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Scotland region over the 3 months to 28 January 2015.

Derivative Daily Rate Histogram in Scotland

Derivative
Hourly Rate Trend in Scotland

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

Derivative Hourly Rate Trend in Scotland

Derivative
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the Scotland region over the 3 months to 28 January 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank 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
Live
Job
Vacancies
Edinburgh -1 9 £475 -9.52% 3
Stirling - 2 £390 -
Glasgow - - - - 1
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

For the 6 months to 28 January 2015, IT contractor jobs across the Scotland 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 24 (61.54%) Front Office
2 13 (33.33%) Finance
2 13 (33.33%) Asset Management
2 13 (33.33%) Investment Management
3 11 (28.21%) Foreign Exchange (FX)
4 10 (25.64%) Java
4 10 (25.64%) XML
5 8 (20.51%) Project Management
6 7 (17.95%) Back Office
6 7 (17.95%) Stakeholder Management
6 7 (17.95%) SQL
6 7 (17.95%) OO
7 6 (15.38%) XSLT
7 6 (15.38%) Banking
7 6 (15.38%) Java SE
7 6 (15.38%) Clojure
7 6 (15.38%) NoSQL
7 6 (15.38%) REST
7 6 (15.38%) EMIR
7 6 (15.38%) Functional Programming
8 5 (12.82%) Analytical Skills
8 5 (12.82%) Risk Management
9 4 (10.26%) Equity Derivative
9 4 (10.26%) HTTP
9 4 (10.26%) UNIX
9 4 (10.26%) JavaScript
9 4 (10.26%) HTML
9 4 (10.26%) Project Planning
9 4 (10.26%) AngularJS
9 4 (10.26%) Scala

Derivative
Top Related IT Skills in Scotland by Category

For the 6 months to 28 January 2015, IT contractor jobs across the Scotland 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 2 (5.13%) Markit EDM
Communications & Networking
1 4 (10.26%) HTTP
Database & Business Intelligence
1 6 (15.38%) NoSQL
2 3 (7.69%) Data Warehouse
Development Applications
1 2 (5.13%) Maven
1 2 (5.13%) Ant
General
1 24 (61.54%) Front Office
2 13 (33.33%) Finance
3 7 (17.95%) Back Office
4 6 (15.38%) Banking
5 3 (7.69%) Investment Banking
5 3 (7.69%) Advertising
6 2 (5.13%) Legal
7 1 (2.56%) Marketing
Job Titles
1 15 (38.46%) Project Manager
2 14 (35.90%) Developer
3 9 (23.08%) Senior Developer
4 8 (20.51%) Analyst
5 6 (15.38%) Business Analyst
6 4 (10.26%) UI Programmer
6 4 (10.26%) UI Developer
7 3 (7.69%) Senior Java Developer
7 3 (7.69%) Data Analyst
7 3 (7.69%) Java Developer
8 2 (5.13%) Senior Project Manager
8 2 (5.13%) Business Project Manager
8 2 (5.13%) Business Manager
8 2 (5.13%) Senior Manager
9 1 (2.56%) WPF Developer
9 1 (2.56%) Business Data Analyst
9 1 (2.56%) Investment Banking Business Analyst
9 1 (2.56%) Banking Business Analyst
9 1 (2.56%) Development Specialist
9 1 (2.56%) C# Developer
Libraries, Frameworks & Software Standards
1 10 (25.64%) XML
2 6 (15.38%) XSLT
2 6 (15.38%) Java SE
2 6 (15.38%) REST
3 4 (10.26%) HTML
3 4 (10.26%) AngularJS
3 4 (10.26%) HTML5
4 2 (5.13%) Spring
4 2 (5.13%) JMS
4 2 (5.13%) Servlets
4 2 (5.13%) SOAP
4 2 (5.13%) Web Services
4 2 (5.13%) GWT
5 1 (2.56%) Reactive Extensions
5 1 (2.56%) WPF
Miscellaneous
1 11 (28.21%) Foreign Exchange (FX)
2 5 (12.82%) Analytical Skills
3 4 (10.26%) Equity Derivative
4 2 (5.13%) Fixed Income
4 2 (5.13%) Market Risk
5 1 (2.56%) Management Information System
5 1 (2.56%) Equities
Operating Systems
1 4 (10.26%) UNIX
Processes & Methodologies
1 13 (33.33%) Asset Management
1 13 (33.33%) Investment Management
2 8 (20.51%) Project Management
3 7 (17.95%) Stakeholder Management
3 7 (17.95%) OO
4 6 (15.38%) Functional Programming
5 5 (12.82%) Risk Management
6 4 (10.26%) Project Planning
6 4 (10.26%) Business Process Improvement
7 3 (7.69%) Agile Software Development
8 2 (5.13%) Migration
8 2 (5.13%) Data Management
8 2 (5.13%) PRINCE2
8 2 (5.13%) Business Analysis
8 2 (5.13%) Enterprise Data Management
8 2 (5.13%) Wealth Management
8 2 (5.13%) Multithreading
8 2 (5.13%) Fund Accounting
8 2 (5.13%) Change Control
8 2 (5.13%) Business Transformation
Programming Languages
1 10 (25.64%) Java
2 7 (17.95%) SQL
3 6 (15.38%) Clojure
4 4 (10.26%) JavaScript
4 4 (10.26%) Scala
4 4 (10.26%) Haskell
5 2 (5.13%) Lisp
5 2 (5.13%) Shell Script
6 1 (2.56%) C#
6 1 (2.56%) T-SQL
Qualifications
1 1 (2.56%) CRISC
1 1 (2.56%) CISSP
1 1 (2.56%) CISA
1 1 (2.56%) CISM
Quality Assurance & Compliance
1 6 (15.38%) EMIR
2 1 (2.56%) COBIT
2 1 (2.56%) Sarbanes-Oxley
2 1 (2.56%) ISO/IEC 27001
Vendors
1 2 (5.13%) Sybase
1 2 (5.13%) Bloomberg
1 2 (5.13%) RIMES
2 1 (2.56%) Microsoft