The table below looks at the prevalence of the term Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 22 December 2014 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
22 Dec 2014
Same period 2013 Same period 2012
Derivatives
Rank 171 126 116
Rank change year-on-year
-45 -10
Contract jobs citing Derivative 675 845 886
As % of all contract IT jobs located in the UK 1.24% 1.64% 1.80%
As % of the Miscellaneous category 4.08% 5.29% 6.08%
Number of daily rates quoted 539 689 714
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £575 £575
Average daily rate % change year-on-year
-4.34% -
90% offered a daily rate of more than £425 £450 £425
10% offered a daily rate of more than £675 £700 £700
UK excluding London average daily rate £395 £425 £375
% change year-on-year
-7.05% +13.33%
Number of hourly rates quoted 1 1 2
Average hourly rate £28.69 £32.00 £35.50
Average hourly rate % change year-on-year
-10.34% -9.85%
UK excluding London average hourly rate £28.69 - -

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
16541 15973 14584
As % of all contract IT jobs located in the UK 30.34% 31.00% 29.63%
Number of daily rates quoted 10684 9885 8595
Average daily rate £415 £400 £400
Average daily rate % change year-on-year
+3.75% -
90% offered a daily rate of more than £242 £230 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 633 684 820
Average hourly rate £17.25 £21.00 £20.00
Average hourly rate % change year-on-year
-17.85% +5.00%
90% offered a hourly rate of more than £11.00 £11.50 £11.81
10% offered a hourly rate of more than £42.50 £41.50 £42.50
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%

Derivative
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Derivative within the UK as a proportion of the total demand within 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 22 December 2014.

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
Top 30 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 UK over the 3 months to 22 December 2014. 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
England -50 650 £559 -2.82% 106
London -22 633 £563 -2.17% 103
City of London -8 221 £550 -4.34% 46
Scotland +5 14 £413 -13.15% 2
Hampshire -3 14 £305 - 2
South East -6 14 £305 - 3
Edinburgh -10 9 £425 -15.00% 2
Hook - 5 £305 -
Docklands, London +14 4 £510 +2.00% 1
Glasgow -1 3 - -
Canary Wharf +5 2 £550 +4.76%
Stirling - 2 £390 -
West Midlands -8 1 - -
South West -31 1 £418 -16.50%
Merseyside - - - -
North West - - - -
Mayfair - - - -
Uxbridge - - - -
Woking - - - -
Dorset - - - -
Lancashire - - - -
Oxfordshire - - - - 1
Surrey - - - -
Liverpool - - - -
Portsmouth - - - -
Preston - - - -
Basingstoke - - - -
Birmingham - - - -
Bournemouth - - - -
Bristol - - - -

Derivative
Top 30 Related IT Skills

For the 6 months to 22 December 2014, IT contractor jobs within the UK 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.

1 518 (43.20%) Banking
2 486 (40.53%) Finance
3 474 (39.53%) Front Office
4 387 (32.28%) SQL
5 346 (28.86%) Java
6 344 (28.69%) Investment Banking
7 300 (25.02%) Fixed Income
8 270 (22.52%) Foreign Exchange (FX)
9 266 (22.19%) Agile Software Development
10 226 (18.85%) C#
11 225 (18.77%) Equities
12 200 (16.68%) Equity Derivative
13 192 (16.01%) Oracle
14 182 (15.18%) Credit Derivative
15 181 (15.10%) UNIX
16 172 (14.35%) Analytical Skills
17 169 (14.10%) XML
18 168 (14.01%) C++
19 162 (13.51%) OO
20 133 (11.09%) Business Analysis
21 132 (11.01%) Risk Management
22 125 (10.43%) Linux
23 121 (10.09%) Back Office
24 119 (9.92%) .NET
25 115 (9.59%) TDD
26 112 (9.34%) Analytics
27 110 (9.17%) Python
28 109 (9.09%) Project Management
29 107 (8.92%) Multithreading
30 98 (8.17%) Windows

Derivative
Top Related IT Skills by Category

For the 6 months to 22 December 2014, IT contractor jobs within the UK 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 33 (2.75%) WebSphere
2 24 (2.00%) WebLogic
3 15 (1.25%) Oracle Coherence
4 13 (1.08%) Tomcat
5 10 (0.83%) Node.js
6 6 (0.50%) Confluence
7 5 (0.42%) Apache
8 3 (0.25%) SharePoint
9 2 (0.17%) SharePoint 2010
9 2 (0.17%) TIBCO EMS
9 2 (0.17%) Elasticsearch
10 1 (0.083%) Apache Spark
10 1 (0.083%) SharePoint 2013
10 1 (0.083%) Jetty
10 1 (0.083%) WebSphere Application Server
10 1 (0.083%) AquaLogic Service Bus
10 1 (0.083%) Documentum
10 1 (0.083%) BizTalk Server
10 1 (0.083%) FileNet
10 1 (0.083%) SharePoint Server
Applications
1 51 (4.25%) MS Excel
2 23 (1.92%) MS Project
3 20 (1.67%) MS Office
4 18 (1.50%) MS PowerPoint
5 14 (1.17%) Spreadsheet
6 10 (0.83%) MS Visio
7 1 (0.083%) PowerPivot
Business Applications
1 20 (1.67%) Markit EDM
2 17 (1.42%) ION MarketView
3 13 (1.08%) SunGard GMI
4 12 (1.00%) Summit
5 10 (0.83%) IntelliMatch
6 7 (0.58%) Sentinel
7 6 (0.50%) LatentZero
7 6 (0.50%) Endur
8 4 (0.33%) Oracle Applications
8 4 (0.33%) FLEXCUBE
8 4 (0.33%) Remedy ITSM
9 3 (0.25%) Temenos T24
9 3 (0.25%) SunGard Stream Clearvision
9 3 (0.25%) Global One
10 2 (0.17%) RMDS
10 2 (0.17%) Rolfe and Nolan
10 2 (0.17%) Oracle Assets
11 1 (0.083%) Eagle PACE
11 1 (0.083%) Oracle General Ledger
11 1 (0.083%) Murex MxG2000
Cloud Services
1 4 (0.33%) Microsoft Azure
2 3 (0.25%) Amazon AWS
3 2 (0.17%) PaaS
3 2 (0.17%) IaaS
Communications & Networking
1 8 (0.67%) HTTP
2 4 (0.33%) TCP/IP
3 3 (0.25%) DNS
3 3 (0.25%) SNMP
4 2 (0.17%) Firewall
4 2 (0.17%) NFC
5 1 (0.083%) NAS
5 1 (0.083%) AMQP
5 1 (0.083%) tcpdump
5 1 (0.083%) Multicast
5 1 (0.083%) Wireshark
5 1 (0.083%) SAN
5 1 (0.083%) Intranet
Database & Business Intelligence
1 96 (8.01%) SQL Server
2 84 (7.01%) Relational Database
3 60 (5.00%) Oracle Database
4 30 (2.50%) RDBMS
5 18 (1.50%) Hadoop
6 17 (1.42%) DB2
7 16 (1.33%) PostgreSQL
7 16 (1.33%) SQL Server Reporting Services
7 16 (1.33%) SQL Server 2008
8 14 (1.17%) Data Warehouse
9 13 (1.08%) Big Data
10 12 (1.00%) Oracle Database 10g
10 12 (1.00%) Data Mining
11 11 (0.92%) HBase
12 10 (0.83%) NoSQL
12 10 (0.83%) MongoDB
13 9 (0.75%) Apache Cassandra
13 9 (0.75%) MS Access
13 9 (0.75%) SQL Server Integration Services
14 8 (0.67%) ObjectStore
Development Applications
1 51 (4.25%) Subversion
2 40 (3.34%) Maven
3 39 (3.25%) Ant
4 37 (3.09%) JUnit
4 37 (3.09%) JIRA
5 28 (2.34%) TeamCity
6 27 (2.25%) CruiseControl
7 20 (1.67%) Visual Studio
8 18 (1.50%) NUnit
8 18 (1.50%) Git (software)
9 14 (1.17%) ClearCase
9 14 (1.17%) CppUnit
9 14 (1.17%) GoogleTest
10 11 (0.92%) Cucumber
11 10 (0.83%) Rational Rose
12 9 (0.75%) Eclipse
12 9 (0.75%) Team Foundation Server
13 8 (0.67%) ProC
14 7 (0.58%) Mockito
15 6 (0.50%) ClearQuest
General
1 518 (43.20%) Banking
2 486 (40.53%) Finance
3 474 (39.53%) Front Office
4 344 (28.69%) Investment Banking
5 121 (10.09%) Back Office
6 34 (2.84%) Legal
7 31 (2.59%) Financial Institution
8 10 (0.83%) Retail
9 9 (0.75%) Advertising
10 7 (0.58%) Telecoms
11 4 (0.33%) Games
11 4 (0.33%) French Language
12 3 (0.25%) Private Banking
12 3 (0.25%) Marketing
12 3 (0.25%) General Ledger
13 1 (0.083%) Wholesale Banking
13 1 (0.083%) Retail Banking
13 1 (0.083%) International Banking
13 1 (0.083%) Publishing
13 1 (0.083%) Automotive
Job Titles
1 497 (41.45%) Developer
2 412 (34.36%) Analyst
3 248 (20.68%) Business Analyst
4 193 (16.10%) Java Developer
5 93 (7.76%) C# Developer
6 89 (7.42%) Project Manager
7 61 (5.09%) C++ Developer
8 58 (4.84%) Support Analyst
9 52 (4.34%) Senior Developer
10 51 (4.25%) Applications Support
11 36 (3.00%) Python Developer
12 35 (2.92%) Banking Business Analyst
13 32 (2.67%) Investment Banking Business Analyst
14 31 (2.59%) Test Analyst
15 27 (2.25%) Senior Java Developer
16 26 (2.17%) Senior Analyst
17 24 (2.00%) Data Analyst
18 23 (1.92%) Architect
18 23 (1.92%) Credit Risk Analyst
19 22 (1.83%) Excel Developer
Libraries, Frameworks & Software Standards
1 169 (14.10%) XML
2 119 (9.92%) .NET
3 68 (5.67%) WPF
4 64 (5.34%) FIX Protocol
5 59 (4.92%) Spring
6 57 (4.75%) FpML
7 47 (3.92%) Boost C++ Libraries
8 44 (3.67%) XSLT
9 43 (3.59%) STL
10 42 (3.50%) Web Services
10 42 (3.50%) HTML
11 41 (3.42%) Hibernate
12 40 (3.34%) WCF
13 34 (2.84%) REST
14 31 (2.59%) JMS
15 29 (2.42%) HTML5
16 27 (2.25%) Middleware
17 24 (2.00%) .NET Framework
18 23 (1.92%) Swing
19 22 (1.83%) SOAP
Miscellaneous
1 300 (25.02%) Fixed Income
2 270 (22.52%) Foreign Exchange (FX)
3 225 (18.77%) Equities
4 200 (16.68%) Equity Derivative
5 182 (15.18%) Credit Derivative
6 172 (14.35%) Analytical Skills
7 73 (6.09%) Interest Rate Derivative
7 73 (6.09%) Credit Risk
8 50 (4.17%) Market Risk
9 39 (3.25%) Computer Science
9 39 (3.25%) Data Structures
10 31 (2.59%) Mathematics
11 29 (2.42%) Grid Computing
12 24 (2.00%) Management Information System
13 19 (1.58%) SWIFT
14 17 (1.42%) Reference Data
15 15 (1.25%) Inversion of Control
16 14 (1.17%) Open Source
17 11 (0.92%) Hedge funds
17 11 (0.92%) Algorithms
Operating Systems
1 181 (15.10%) UNIX
2 125 (10.43%) Linux
3 98 (8.17%) Windows
4 13 (1.08%) Windows 7
5 12 (1.00%) Red Hat Enterprise Linux
6 11 (0.92%) Oracle Linux
7 3 (0.25%) Solaris
7 3 (0.25%) Windows Server 2008
8 2 (0.17%) CentOS
8 2 (0.17%) Windows Server 2003
9 1 (0.083%) Windows 2000
9 1 (0.083%) Windows NT
9 1 (0.083%) Windows XP
Processes & Methodologies
1 266 (22.19%) Agile Software Development
2 162 (13.51%) OO
3 133 (11.09%) Business Analysis
4 132 (11.01%) Risk Management
5 115 (9.59%) TDD
6 112 (9.34%) Analytics
7 109 (9.09%) Project Management
8 107 (8.92%) Multithreading
9 85 (7.09%) User Acceptance Testing
10 68 (5.67%) Asset Management
11 63 (5.25%) Data Modelling
12 62 (5.17%) Data Analysis
13 56 (4.67%) Electronic Trading
14 55 (4.59%) Low Latency
15 51 (4.25%) Workflow
15 51 (4.25%) Stakeholder Management
16 47 (3.92%) OOD
17 45 (3.75%) SOA
18 42 (3.50%) Migration
19 41 (3.42%) Investment Management
Programming Languages
1 387 (32.28%) SQL
2 346 (28.86%) Java
3 226 (18.85%) C#
4 168 (14.01%) C++
5 110 (9.17%) Python
6 57 (4.75%) VBA
7 56 (4.67%) Perl
8 52 (4.34%) JavaScript
9 36 (3.00%) Scala
10 24 (2.00%) Shell Script
11 21 (1.75%) C
12 19 (1.58%) PL/SQL
13 18 (1.50%) T-SQL
14 16 (1.33%) PHP
15 13 (1.08%) VB
16 12 (1.00%) PowerShell
17 11 (0.92%) Bash Shell
18 10 (0.83%) Korn
19 9 (0.75%) Clojure
19 9 (0.75%) RPG IV
Qualifications
1 85 (7.09%) Degree
2 14 (1.17%) Security Cleared
3 12 (1.00%) SC Cleared
3 12 (1.00%) ISEB
4 6 (0.50%) ISTQB
5 5 (0.42%) ISEB Practitioner
5 5 (0.42%) CFA
6 4 (0.33%) PhD
7 3 (0.25%) PMP
7 3 (0.25%) PMI Certification
8 2 (0.17%) RHCE
9 1 (0.083%) CRISC
9 1 (0.083%) ISTQB Foundation Certification
9 1 (0.083%) CISA
9 1 (0.083%) CISM
9 1 (0.083%) CIMA
9 1 (0.083%) Postgraduate
9 1 (0.083%) CISSP
9 1 (0.083%) PRINCE2 Certification
Quality Assurance & Compliance
1 61 (5.09%) EMIR
2 47 (3.92%) QA
3 42 (3.50%) Dodd-Frank
4 18 (1.50%) Basel III
5 8 (0.67%) MiFID
6 7 (0.58%) ISO 9001
7 4 (0.33%) CRD IV
8 3 (0.25%) AIFMD
8 3 (0.25%) Basel II
9 2 (0.17%) SLA
9 2 (0.17%) Data Quality
9 2 (0.17%) FATCA
9 2 (0.17%) UCITS
10 1 (0.083%) COREP
10 1 (0.083%) Sarbanes-Oxley
10 1 (0.083%) ISO/IEC 27001
10 1 (0.083%) COBIT
System Software
1 2 (0.17%) Platform Symphony
1 2 (0.17%) HDFS
2 1 (0.083%) Active Directory
2 1 (0.083%) Apache Flume
Systems Management
1 24 (2.00%) HP Quality Center
2 19 (1.58%) ITRS Geneos
3 14 (1.17%) Control-M
4 7 (0.58%) Vagrant
5 4 (0.33%) BMC PATROL
6 3 (0.25%) Opscode Chef
7 2 (0.17%) Hadoop YARN
7 2 (0.17%) Nagios
7 2 (0.17%) Puppet
8 1 (0.083%) SCCM
Vendors
1 192 (16.01%) Oracle
2 59 (4.92%) Microsoft
3 49 (4.09%) Murex
4 48 (4.00%) Sybase
5 35 (2.92%) Bloomberg
6 31 (2.59%) TIBCO
7 27 (2.25%) Red Hat
7 27 (2.25%) ION Trading
8 24 (2.00%) thinkFolio
9 23 (1.92%) Calypso
10 22 (1.83%) Tradeweb
11 17 (1.42%) SunGard
12 16 (1.33%) IBM
13 14 (1.17%) HP
13 14 (1.17%) DataSynapse
14 10 (0.83%) DevExpress
14 10 (0.83%) Business Objects
14 10 (0.83%) Charles River
15 9 (0.75%) Infragistics
15 9 (0.75%) MarketAxess
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