The table below looks at the prevalence of the term Derivative in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 30 June 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
30 Jun 2016
Same period 2015 Same period 2014
Derivatives
Rank 321 222 208
Rank change year-on-year
-99 -14
Contract jobs citing Derivative 381 557 606
As % of all contract IT jobs located in the UK 0.71% 0.99% 1.12%
As % of the Miscellaneous category 2.14% 3.11% 3.48%
Number of daily rates quoted 298 420 482
Median daily rate £550 £575 £575
Median daily rate % change year-on-year
-4.34% -
90% offered a daily rate of more than £425 £425 £400
10% offered a daily rate of more than £675 £675 £700
UK excluding London median daily rate £320 £425 £375
% change year-on-year
-24.70% +13.33%
Number of hourly rates quoted 2 0 1
Median hourly rate £65.00 - £42.00
UK excluding London median hourly rate - - £42.00

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
17832 17935 17416
As % of all contract IT jobs located in the UK 33.24% 31.96% 32.31%
Number of daily rates quoted 11535 11197 10680
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £255 £250 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 626 679 704
Median hourly rate £22.00 £18.50 £20.50
Median hourly rate % change year-on-year
+18.91% -9.75%
90% offered a hourly rate of more than £12.50 £12.25 £12.50
10% offered a hourly rate of more than £46.07 £45.00 £42.50
UK excluding London median hourly rate £22.50 £17.50 £21.00
% change year-on-year
+28.57% -16.66%

Derivative
Jobs Demand Trend

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

Derivative Jobs Demand Trend in the UK

Derivative
Daily Rate Trend

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

Derivative Daily Rate Trend in the UK

Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative within the UK over the 3 months to 30 June 2016.

Derivative Daily Rate Histogram in the UK

Derivative
Hourly Rate Trend

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

Derivative Hourly Rate Trend in the UK

Derivative
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Derivative within the UK over the 3 months to 30 June 2016.

Derivative Hourly Rate Histogram in the UK

Derivative
Top 23 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the UK over the 3 months to 30 June 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
England -70 371 £550 -4.34% 69
London -47 342 £571 -0.65% 66
City of London +4 93 £550 -6.58% 31
Hampshire +24 24 £290 -4.99%
South East +19 24 £290 -8.66% 2
Hook +12 12 £290 -6.45%
Scotland -23 8 £400 +4.91% 3
Glasgow -8 7 £400 +6.66% 1
Canary Wharf -1 3 £600 +20.00%
Docklands, London +6 2 £550 -8.33%
West Midlands -21 2 £425 -15.00%
Yorkshire - 2 £350 -
Worcestershire - 2 £425 -
Farnborough - 2 - -
Sheffield - 2 £350 -
Malvern - 2 £425 -
South Yorkshire - 2 £350 -
South West +4 1 - -
Cheltenham 0 1 - -
Belfast -4 1 - -
Gloucestershire -4 1 - -
Northern Ireland -4 1 - -
County Antrim -4 1 - -

Derivative
Top 30 Related IT Skills

For the 6 months to 30 June 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 with a requirement for Derivative.

1 455 (51.53%) Finance
2 388 (43.94%) Banking
3 310 (35.11%) Front Office
4 256 (28.99%) SQL
5 243 (27.52%) Java
6 235 (26.61%) Foreign Exchange (FX)
7 228 (25.82%) Investment Banking
8 221 (25.03%) C#
9 219 (24.80%) Fixed Income
10 211 (23.90%) Agile Software Development
11 166 (18.80%) Equities
12 141 (15.97%) Unix
13 138 (15.63%) Risk Management
14 135 (15.29%) Equity Derivative
15 133 (15.06%) TDD
16 125 (14.16%) C++
17 123 (13.93%) Oracle
18 122 (13.82%) Analytical Skills
19 109 (12.34%) .NET
20 107 (12.12%) Multithreading
21 106 (12.00%) Linux
22 101 (11.44%) OO
23 99 (11.21%) Credit Derivative
24 89 (10.08%) Python
25 82 (9.29%) Microsoft
26 81 (9.17%) Project Management
27 75 (8.49%) Spring
28 74 (8.38%) Business Analysis
28 74 (8.38%) HTML
28 74 (8.38%) SQL Server

Derivative
Top Related IT Skills 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 (3.96%) Tomcat
2 24 (2.72%) Oracle Coherence
3 18 (2.04%) Confluence
4 17 (1.93%) Jetty
5 12 (1.36%) Apache
6 9 (1.02%) WebLogic
7 8 (0.91%) Apache Spark
7 8 (0.91%) WebSphere
8 5 (0.57%) IIS
8 5 (0.57%) MQSeries
8 5 (0.57%) Mule
9 4 (0.45%) GemFire
9 4 (0.45%) SharePoint
10 3 (0.34%) Elasticsearch
10 3 (0.34%) WebSphere Application Server
11 2 (0.23%) Oracle Workflow
12 1 (0.11%) Apache Pig
12 1 (0.11%) CMS
12 1 (0.11%) SharePoint 2013
12 1 (0.11%) Sitecore CMS
Applications
1 33 (3.74%) MS Excel
2 14 (1.59%) Spreadsheet
3 8 (0.91%) MS PowerPoint
4 7 (0.79%) MS Visio
5 6 (0.68%) MS Office
5 6 (0.68%) MS Project
6 4 (0.45%) Acrobat
6 4 (0.45%) HipChat
7 2 (0.23%) Mathematica
8 1 (0.11%) Open Workbench
Business Applications
1 9 (1.02%) ION MarketView
1 9 (1.02%) Summit
2 8 (0.91%) Endur
3 7 (0.79%) SunGard GMI
4 6 (0.68%) Markit EDM
5 5 (0.57%) Front Arena
5 5 (0.57%) IntelliMatch
5 5 (0.57%) SunGard Stream Clearvision
6 3 (0.34%) FINCAD Analytics
6 3 (0.34%) thinkFolio
7 2 (0.23%) Bloomberg TOMS
7 2 (0.23%) Loan IQ
7 2 (0.23%) RMDS
7 2 (0.23%) SimCorp Dimension
8 1 (0.11%) Algo Collateral
8 1 (0.11%) Eikon
8 1 (0.11%) Kondor
8 1 (0.11%) LatentZero
Cloud Services
1 10 (1.13%) Amazon AWS
2 4 (0.45%) Microsoft Azure
3 2 (0.23%) Adobe Analytics
3 2 (0.23%) Amazon EC2
3 2 (0.23%) AWS CloudFormation
Communications & Networking
1 12 (1.36%) TCP/IP
2 8 (0.91%) SSH
3 6 (0.68%) Firewall
4 5 (0.57%) SAN
4 5 (0.57%) VPN
5 4 (0.45%) DNS
5 4 (0.45%) HTTP
5 4 (0.45%) Intranet
5 4 (0.45%) Kerberos
5 4 (0.45%) PuTTY
5 4 (0.45%) SSL
6 3 (0.34%) Multicast
6 3 (0.34%) NAS
6 3 (0.34%) Wi-Fi
7 2 (0.23%) BGP
7 2 (0.23%) DSL
7 2 (0.23%) HTTPS
7 2 (0.23%) Internet
7 2 (0.23%) iSCSI
8 1 (0.11%) FTP
Database & Business Intelligence
1 74 (8.38%) SQL Server
2 42 (4.76%) Relational Database
3 37 (4.19%) SQL Server Integration Services
4 30 (3.40%) Data Warehouse
5 25 (2.83%) NoSQL
6 20 (2.27%) RDBMS
7 19 (2.15%) SQL Server Reporting Services
8 12 (1.36%) Hadoop
9 10 (1.13%) BusinessObjects
9 10 (1.13%) Oracle Database
10 9 (1.02%) SQL Server Analysis Services
11 8 (0.91%) Big Data
12 7 (0.79%) Data Mart
12 7 (0.79%) DB2
13 6 (0.68%) Hazelcast
13 6 (0.68%) KDB
14 5 (0.57%) Apache Cassandra
14 5 (0.57%) MySQL
14 5 (0.57%) QlikView
15 4 (0.45%) Oracle Reports
Development Applications
1 59 (6.68%) Maven
2 43 (4.87%) Subversion
3 41 (4.64%) NUnit
4 37 (4.19%) ClearCase
5 35 (3.96%) GoogleTest
5 35 (3.96%) JIRA
6 32 (3.62%) Ant
7 30 (3.40%) CppUnit
7 30 (3.40%) Eclipse
8 27 (3.06%) IntelliJ
9 19 (2.15%) Selenium
9 19 (2.15%) TeamCity
10 15 (1.70%) JUnit
11 14 (1.59%) Team Foundation Server
12 13 (1.47%) Jenkins
13 9 (1.02%) HP UFT
14 7 (0.79%) Visual Studio
15 6 (0.68%) Git (software)
15 6 (0.68%) LoadRunner
15 6 (0.68%) Octopus Deploy
General
1 455 (51.53%) Finance
2 388 (43.94%) Banking
3 310 (35.11%) Front Office
4 228 (25.82%) Investment Banking
5 63 (7.13%) Back Office
6 44 (4.98%) Financial Institution
7 12 (1.36%) Legal
7 12 (1.36%) Retail
8 11 (1.25%) General Ledger
9 9 (1.02%) French Language
10 6 (0.68%) Marketing
11 5 (0.57%) Telecoms
12 4 (0.45%) Electronics
12 4 (0.45%) Law
13 2 (0.23%) Advertising
13 2 (0.23%) Publishing
14 1 (0.11%) Corporate Banking
14 1 (0.11%) German Language
14 1 (0.11%) Manufacturing
14 1 (0.11%) Private Banking
Job Titles
1 411 (46.55%) Developer
2 266 (30.12%) Analyst
3 176 (19.93%) Business Analyst
4 163 (18.46%) Java Developer
5 116 (13.14%) C# Developer
6 91 (10.31%) Senior Developer
7 72 (8.15%) Senior Java Developer
8 58 (6.57%) SQL Developer
9 57 (6.46%) .NET Developer
10 54 (6.12%) C# .NET Developer
11 51 (5.78%) C++ Developer
12 48 (5.44%) Agile Developer
13 47 (5.32%) Risk Analyst
14 46 (5.21%) Front Office Developer
14 46 (5.21%) Project Manager
15 42 (4.76%) Banking Analyst
16 38 (4.30%) Derivatives Business Analyst
17 37 (4.19%) Agile Java Developer
17 37 (4.19%) Risk Business Analyst
17 37 (4.19%) Support Analyst
Libraries, Frameworks & Software Standards
1 109 (12.34%) .NET
2 75 (8.49%) Spring
3 74 (8.38%) HTML
4 51 (5.78%) HTML5
5 49 (5.55%) AngularJS
6 48 (5.44%) XML
7 41 (4.64%) WPF
8 38 (4.30%) FIX Protocol
9 33 (3.74%) CSS
10 31 (3.51%) JMS
11 23 (2.60%) REST
12 22 (2.49%) WCF
13 21 (2.38%) FpML
14 20 (2.27%) Twitter Bootstrap
14 20 (2.27%) Web Services
15 19 (2.15%) Middleware
15 19 (2.15%) Spring Integration
16 16 (1.81%) WebSockets
17 15 (1.70%) .NET Framework
17 15 (1.70%) CSS3
Miscellaneous
1 235 (26.61%) Foreign Exchange (FX)
2 219 (24.80%) Fixed Income
3 166 (18.80%) Equities
4 135 (15.29%) Equity Derivative
5 122 (13.82%) Analytical Skills
6 99 (11.21%) Credit Derivative
7 69 (7.81%) OTC Derivatives
8 67 (7.59%) Credit Risk
9 60 (6.80%) Market Risk
10 59 (6.68%) Interest Rate Derivative
11 38 (4.30%) Mathematics
12 35 (3.96%) Grid Computing
13 26 (2.94%) Computer Science
14 21 (2.38%) Hedge funds
15 19 (2.15%) Algorithms
16 18 (2.04%) Data Structures
17 16 (1.81%) Reference Data
18 8 (0.91%) Fintech
18 8 (0.91%) Physics
18 8 (0.91%) SWIFT
Operating Systems
1 141 (15.97%) Unix
2 106 (12.00%) Linux
3 67 (7.59%) Windows
4 19 (2.15%) Windows Server
5 11 (1.25%) Solaris
6 8 (0.91%) CentOS
7 6 (0.68%) Windows Server 2012
8 5 (0.57%) Red Hat Enterprise Linux
9 4 (0.45%) Debian
9 4 (0.45%) Mac OS X
9 4 (0.45%) Ubuntu
10 3 (0.34%) VMS
11 1 (0.11%) AIX
Processes & Methodologies
1 211 (23.90%) Agile Software Development
2 138 (15.63%) Risk Management
3 133 (15.06%) TDD
4 107 (12.12%) Multithreading
5 101 (11.44%) OO
6 81 (9.17%) Project Management
7 74 (8.38%) Business Analysis
8 72 (8.15%) Asset Management
9 65 (7.36%) SDLC
10 59 (6.68%) BDD
11 58 (6.57%) User Acceptance Testing
12 54 (6.12%) Migration
12 54 (6.12%) OOD
13 52 (5.89%) Configuration Management
13 52 (5.89%) Stakeholder Management
14 50 (5.66%) Integration Testing
14 50 (5.66%) Software Engineering
15 49 (5.55%) UML
15 49 (5.55%) Unit Testing
16 43 (4.87%) Use Case
Programming Languages
1 256 (28.99%) SQL
2 243 (27.52%) Java
3 221 (25.03%) C#
4 125 (14.16%) C++
5 89 (10.08%) Python
6 51 (5.78%) JavaScript
7 46 (5.21%) VBA
8 42 (4.76%) C
8 42 (4.76%) Perl
9 29 (3.28%) Shell Script
10 27 (3.06%) VB
11 20 (2.27%) PL/SQL
12 18 (2.04%) Scala
13 17 (1.93%) Bash Shell
14 16 (1.81%) PowerShell
15 15 (1.70%) T-SQL
16 11 (1.25%) VC++
17 9 (1.02%) Haskell
18 5 (0.57%) MATLAB
19 4 (0.45%) XAML
Qualifications
1 63 (7.13%) Degree
2 41 (4.64%) Security Cleared
3 34 (3.85%) SC Cleared
4 28 (3.17%) PhD
5 9 (1.02%) ISEB
6 8 (0.91%) ITIL Certification
7 5 (0.57%) ISTQB
8 4 (0.45%) RHCE
9 3 (0.34%) CCA
9 3 (0.34%) Citrix Certification
9 3 (0.34%) DV Cleared
10 2 (0.23%) ISTQB Foundation Certification
10 2 (0.23%) PMI Certification
11 1 (0.11%) APMP
11 1 (0.11%) PMP
11 1 (0.11%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 58 (6.57%) QA
2 39 (4.42%) MiFID
3 26 (2.94%) Dodd-Frank
4 19 (2.15%) EMIR
5 10 (1.13%) AIFMD
5 10 (1.13%) UCITS
6 9 (1.02%) SLA
7 5 (0.57%) Data Quality
8 4 (0.45%) Basel III
8 4 (0.45%) ISO/IEC 27001
9 3 (0.34%) FATCA
9 3 (0.34%) Solvency II
10 2 (0.23%) COREP
10 2 (0.23%) CRD IV
10 2 (0.23%) Disclosure Scotland
11 1 (0.11%) Sarbanes-Oxley
System Software
1 6 (0.68%) VMware Infrastructure
2 5 (0.57%) Docker
3 4 (0.45%) iptables
3 4 (0.45%) Postfix
4 3 (0.34%) Active Directory
4 3 (0.34%) VMware ESXi
4 3 (0.34%) XenApp
5 2 (0.23%) VMware ESX
6 1 (0.11%) Apache ZooKeeper
6 1 (0.11%) HDFS
6 1 (0.11%) Hyper-V
6 1 (0.11%) Oracle RAC
6 1 (0.11%) Platform Symphony
6 1 (0.11%) Veritas Cluster Server
Systems Management
1 15 (1.70%) Control-M
2 11 (1.25%) HP Quality Center
3 10 (1.13%) Nagios
4 8 (0.91%) ITRS Geneos
4 8 (0.91%) Puppet
5 4 (0.45%) Ansible
5 4 (0.45%) BladeLogic
5 4 (0.45%) Opscode Chef
5 4 (0.45%) Red Hat Spacewalk
5 4 (0.45%) Tivoli
6 3 (0.34%) AppDNA
7 2 (0.23%) Kibana
7 2 (0.23%) logstash
7 2 (0.23%) ZABBIX
8 1 (0.11%) BMC PATROL
8 1 (0.11%) OpenView
Vendors
1 123 (13.93%) Oracle
2 82 (9.29%) Microsoft
3 65 (7.36%) Murex
4 46 (5.21%) Calypso
5 41 (4.64%) Sybase
6 34 (3.85%) Bloomberg
7 25 (2.83%) ION Trading
8 19 (2.15%) DataSynapse
9 16 (1.81%) Fidessa
10 13 (1.47%) TIBCO
11 12 (1.36%) IBM
12 11 (1.25%) Reuters
13 10 (1.13%) Sophis
13 10 (1.13%) VMware
14 9 (1.02%) ServiceNow
15 8 (0.91%) Atlassian
15 8 (0.91%) HP
15 8 (0.91%) OpenLink
15 8 (0.91%) Remedy
15 8 (0.91%) SunGard
London
Oliver Bernard
Rate: £500 - £550 per day
Posted: 1 hour ago
London
Hays Finance Technology
Rate: £550.00 - £650.00 per day
Posted: 16 hours ago
Glasgow, Lanarkshire
Harvey Nash plc
Posted: 16 hours ago
London
McGregor Boyall
Rate: £550 - £650 per day + depending on experience
Posted: 2 days ago
London
McGregor Boyall
Rate: £150 - £165 per day
Posted: 3 days ago
City, London
ANSON MCCADE
Rate: £40,000 - £60,000, plus a very attractive bonus
Posted: 2 days ago
City, London
TEKsystems
Rate: £300 - £400 per day
Posted: 6 days ago
London
Data Idols
Rate: From £450 to £550 per day
Posted: 5 days ago