The table below looks at the prevalence of the term Derivative in IT contracts advertised for the South East region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Derivatives
Rank 218 241 230
Rank change year-on-year
+23 -11
Contract jobs citing Derivative 35 14 9
As % of all contract IT jobs located in the South East 0.41% 0.15% 0.11%
As % of the Miscellaneous category 1.33% 0.52% 0.36%
Number of daily rates quoted 16 4 7
Average daily rate £295 £315 £305
Average daily rate % change year-on-year
-6.30% +3.22%
90% offered a daily rate of more than £275 £301 £297
10% offered a daily rate of more than £425 £327 £309
UK excluding London average daily rate £325 £501 £425
% change year-on-year
-35.12% +17.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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 South East region.

Miscellaneous Category
South East
Contract IT job ads with a match in the
Miscellaneous category
2628 2695 2467
As % of all contract IT jobs located in the South East 30.72% 28.99% 29.47%
Number of daily rates quoted 1543 1412 1284
Average daily rate £388 £375 £363
Average daily rate % change year-on-year
+3.33% +3.44%
90% offered a daily rate of more than £250 £225 £225
10% offered a daily rate of more than £550 £500 £479
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 164 177 161
Average hourly rate £43.00 £17.50 £17.50
Average hourly rate % change year-on-year
+145.71% -
90% offered a hourly rate of more than £12.92 £12.00 £12.46
10% offered a hourly rate of more than £60.62 £40.00 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Derivative
Jobs Demand Trend in the South East

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

Derivative Jobs Demand Trend in the South East

Derivative
Daily Rate Trend in the South East

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

Derivative Daily Rate Trend in the South East

Derivative
Daily Rate Histogram in the South East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the South East region over the 3 months to 5 February 2016.

Derivative Daily Rate Histogram in the South East

Derivative
Hourly Rate Trend in the South East

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

Derivative Hourly Rate Trend in the South East

Derivative
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the South East region over the 3 months to 5 February 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
(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
Hampshire +19 27 £275 -12.65%
Berkshire - 4 - -
Surrey -3 2 £425 -
Buckinghamshire - 1 - -
Oxfordshire - 1 £725 -
Derivative
England

Derivative
Top 30 Related IT Skills in the South East

For the 6 months to 5 February 2016, IT contractor jobs across the South East 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 40 (75.47%) Linux
1 40 (75.47%) Multithreading
2 39 (73.58%) Unix
2 39 (73.58%) Project Management
3 38 (71.70%) UML
3 38 (71.70%) OO
3 38 (71.70%) C
3 38 (71.70%) OOD
3 38 (71.70%) Integration Testing
3 38 (71.70%) Use Case
3 38 (71.70%) Software Engineering
3 38 (71.70%) NUnit
3 38 (71.70%) Memory Management
3 38 (71.70%) GoogleTest
3 38 (71.70%) System Integration Testing
4 37 (69.81%) C++
5 35 (66.04%) Ant
5 35 (66.04%) ClearCase
5 35 (66.04%) Configuration Management
5 35 (66.04%) CppUnit
5 35 (66.04%) Subversion
6 34 (64.15%) Python
7 33 (62.26%) Requirements Analysis
7 33 (62.26%) Unit Testing
8 25 (47.17%) Analytical Skills
9 23 (43.40%) Security Cleared
10 15 (28.30%) SC Cleared
11 12 (22.64%) Finance
12 5 (9.43%) Investment Management
12 5 (9.43%) Cash Management

Derivative
Top Related IT Skills in the South East by Category

For the 6 months to 5 February 2016, IT contractor jobs across the South East 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.

Application Platforms
1 2 (3.77%) MQSeries
1 2 (3.77%) NServiceBus
1 2 (3.77%) WebSphere
1 2 (3.77%) WebSphere Application Server
2 1 (1.89%) Confluence
Applications
1 1 (1.89%) MS Visio
Business Applications
1 4 (7.55%) HFM
2 1 (1.89%) Bankmaster
2 1 (1.89%) SAP CO
2 1 (1.89%) SAP FI
2 1 (1.89%) SAP FI/CO
Database & Business Intelligence
1 2 (3.77%) DB2
1 2 (3.77%) SQL Server
Development Applications
1 38 (71.70%) GoogleTest
1 38 (71.70%) NUnit
2 35 (66.04%) Ant
2 35 (66.04%) ClearCase
2 35 (66.04%) CppUnit
2 35 (66.04%) Subversion
3 2 (3.77%) Rational Rose
4 1 (1.89%) JIRA
General
1 12 (22.64%) Finance
2 4 (7.55%) Back Office
2 4 (7.55%) Banking
2 4 (7.55%) Legal
3 3 (5.66%) Front Office
4 2 (3.77%) Investment Banking
5 1 (1.89%) Private Banking
5 1 (1.89%) Retail
Job Titles
1 26 (49.06%) Developer
2 23 (43.40%) C Developer
3 15 (28.30%) Software Engineer
4 13 (24.53%) C Software Engineer
5 12 (22.64%) C/C++ Software Engineer
5 12 (22.64%) C++ Software Engineer
6 9 (16.98%) Linux Engineer
7 5 (9.43%) Analyst
7 5 (9.43%) Business Analyst
8 3 (5.66%) C++ Developer
8 3 (5.66%) Senior Analyst
8 3 (5.66%) Senior Business Analyst
9 2 (3.77%) C# Developer
9 2 (3.77%) C/C++ Developer
9 2 (3.77%) Unix Engineer
10 1 (1.89%) Developer/Software Engineer
10 1 (1.89%) Fund Accounting Business Analyst
10 1 (1.89%) Linux Developer
10 1 (1.89%) SAP CO Consultant
10 1 (1.89%) Unix Developer
Libraries, Frameworks & Software Standards
1 3 (5.66%) XML
2 2 (3.77%) .NET
2 2 (3.77%) HTML
2 2 (3.77%) J2EE
2 2 (3.77%) Motif
2 2 (3.77%) MSMQ
2 2 (3.77%) RabbitMQ
2 2 (3.77%) WCF
2 2 (3.77%) WebSphere Message Broker
2 2 (3.77%) WebSphere MQ
3 1 (1.89%) FpML
Miscellaneous
1 25 (47.17%) Analytical Skills
2 5 (9.43%) Foreign Exchange (FX)
3 3 (5.66%) Fixed Income
4 2 (3.77%) Equities
4 2 (3.77%) SWIFT
5 1 (1.89%) Management Information System
5 1 (1.89%) Swaptions
Operating Systems
1 40 (75.47%) Linux
2 39 (73.58%) Unix
3 2 (3.77%) AIX
Processes & Methodologies
1 40 (75.47%) Multithreading
2 39 (73.58%) Project Management
3 38 (71.70%) Integration Testing
3 38 (71.70%) Memory Management
3 38 (71.70%) OO
3 38 (71.70%) OOD
3 38 (71.70%) Software Engineering
3 38 (71.70%) System Integration Testing
3 38 (71.70%) UML
3 38 (71.70%) Use Case
4 35 (66.04%) Configuration Management
5 33 (62.26%) Requirements Analysis
5 33 (62.26%) Unit Testing
6 5 (9.43%) Cash Management
6 5 (9.43%) Investment Management
7 4 (7.55%) Asset Management
8 3 (5.66%) Agile Software Development
8 3 (5.66%) Business Analysis
8 3 (5.66%) Fund Accounting
9 2 (3.77%) Financial Modelling
Programming Languages
1 38 (71.70%) C
2 37 (69.81%) C++
3 34 (64.15%) Python
4 3 (5.66%) SQL
5 2 (3.77%) C#
5 2 (3.77%) Java
5 2 (3.77%) Shell Script
Qualifications
1 23 (43.40%) Security Cleared
2 15 (28.30%) SC Cleared
Quality Assurance & Compliance
1 4 (7.55%) Sarbanes-Oxley
2 1 (1.89%) MiFID
Systems Management
1 2 (3.77%) Control-M
Vendors
1 5 (9.43%) Charles River
2 3 (5.66%) Wall Street Systems
3 2 (3.77%) Fiserv
3 2 (3.77%) IBM
3 2 (3.77%) Informatica
3 2 (3.77%) Oracle
3 2 (3.77%) Sybase
4 1 (1.89%) Calypso
4 1 (1.89%) Fundtech
4 1 (1.89%) Murex
4 1 (1.89%) SAP