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 5 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
5 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 277 220 168
Rank change year-on-year
-57 -52
Contract jobs citing Derivative 462 588 719
As % of all contract IT jobs located in the UK 0.83% 1.05% 1.32%
As % of the Miscellaneous category 2.55% 3.32% 4.12%
Number of daily rates quoted 369 430 556
Median daily rate £550 £550 £575
Median daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £400 £425 £413
10% offered a daily rate of more than £700 £675 £700
UK excluding London median daily rate £338 £413 £375
% change year-on-year
-18.18% +10.00%
Number of hourly rates quoted 2 0 4
Median hourly rate £65.00 - £32.25
90% offered a hourly rate of more than £53.00 - £13.75
10% offered a hourly rate of more than £77.00 - £47.60
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
18146 17700 17472
As % of all contract IT jobs located in the UK 32.67% 31.73% 32.07%
Number of daily rates quoted 11799 10713 10680
Median daily rate £425 £420 £404
Median daily rate % change year-on-year
+1.19% +4.08%
90% offered a daily rate of more than £265 £250 £225
10% offered a daily rate of more than £620 £600 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 595 702 758
Median hourly rate £22.00 £18.50 £21.00
Median hourly rate % change year-on-year
+18.91% -11.90%
90% offered a hourly rate of more than £12.49 £11.93 £11.59
10% offered a hourly rate of more than £47.50 £45.00 £42.50
UK excluding London median hourly rate £22.50 £18.90 £20.50
% change year-on-year
+19.04% -7.80%

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 5 May 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 5 May 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 5 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
England -58 450 £550 - 76
London -37 439 £550 - 75
City of London +4 109 £533 -7.39% 34
Scotland -36 7 £338 -25.00% 3
Canary Wharf -4 6 £600 +9.09%
Glasgow -7 6 £338 -15.62% 3
Hampshire -4 5 £275 -8.33% 1
South East -23 5 £275 -8.33% 1
Northern Ireland +6 4 £51 -86.83% 6
Belfast +4 4 £51 -86.83% 6
County Antrim +4 4 £51 -86.83% 6
Docklands, London +12 3 £600 -2.04% 1
Hook +4 3 £275 -
Gloucestershire +8 2 £350 -17.64%
South West -4 2 £350 -17.64%
West Midlands - 2 £425 -
Sheffield - 2 £350 -
Malvern - 2 £425 -
Yorkshire - 2 £350 -
Worcestershire - 2 £425 -
South Yorkshire - 2 £350 -
Cheltenham +9 1 - -
Edinburgh -12 1 - -

Derivative
Top 30 Related IT Skills

For the 6 months to 5 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 with a requirement for Derivative.

1 514 (53.49%) Finance
2 436 (45.37%) Banking
3 373 (38.81%) Front Office
4 285 (29.66%) SQL
5 275 (28.62%) Foreign Exchange (FX)
6 272 (28.30%) Investment Banking
7 236 (24.56%) Fixed Income
8 223 (23.20%) C#
9 220 (22.89%) Java
10 201 (20.92%) Agile Software Development
11 193 (20.08%) Equities
12 143 (14.88%) Risk Management
13 142 (14.78%) Equity Derivative
14 133 (13.84%) Multithreading
15 132 (13.74%) C++
16 125 (13.01%) Unix
17 119 (12.38%) Oracle
18 117 (12.17%) TDD
19 113 (11.76%) .NET
20 111 (11.55%) Analytical Skills
21 110 (11.45%) Credit Derivative
22 101 (10.51%) SQL Server
22 101 (10.51%) OO
22 101 (10.51%) Project Management
23 95 (9.89%) Linux
24 92 (9.57%) Business Analysis
25 88 (9.16%) Murex
26 86 (8.95%) Windows
26 86 (8.95%) Credit Risk
27 85 (8.84%) Python

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 (3.64%) Oracle Coherence
2 22 (2.29%) Tomcat
3 18 (1.87%) Jetty
4 17 (1.77%) Confluence
5 7 (0.73%) Apache
5 7 (0.73%) Apache Spark
5 7 (0.73%) MQSeries
5 7 (0.73%) WebSphere
6 5 (0.52%) Mule
6 5 (0.52%) WebLogic
7 4 (0.42%) GemFire
7 4 (0.42%) SharePoint
8 3 (0.31%) WebSphere Application Server
9 2 (0.21%) Elasticsearch
9 2 (0.21%) IIS
10 1 (0.10%) CMS
10 1 (0.10%) Lightstreamer
10 1 (0.10%) Oracle Workflow
10 1 (0.10%) SAS
10 1 (0.10%) Sitecore CMS
Applications
1 32 (3.33%) MS Excel
2 12 (1.25%) MS PowerPoint
3 11 (1.14%) Spreadsheet
4 7 (0.73%) MS Visio
5 5 (0.52%) Acrobat
5 5 (0.52%) HipChat
5 5 (0.52%) MS Project
6 4 (0.42%) MS Office
7 1 (0.10%) Open Workbench
Business Applications
1 21 (2.19%) Summit
2 14 (1.46%) Endur
3 13 (1.35%) Markit EDM
4 11 (1.14%) Front Arena
4 11 (1.14%) ION MarketView
4 11 (1.14%) SunGard GMI
5 6 (0.62%) IntelliMatch
6 5 (0.52%) Algo Collateral
6 5 (0.52%) SunGard Stream Clearvision
7 4 (0.42%) HFM
7 4 (0.42%) thinkFolio
8 3 (0.31%) FINCAD Analytics
8 3 (0.31%) RMDS
9 2 (0.21%) Bloomberg TOMS
9 2 (0.21%) LatentZero
9 2 (0.21%) Loan IQ
9 2 (0.21%) Rolfe and Nolan
9 2 (0.21%) SimCorp Dimension
10 1 (0.10%) Eikon
10 1 (0.10%) Kondor
Cloud Services
1 5 (0.52%) Amazon AWS
2 1 (0.10%) Adobe Analytics
2 1 (0.10%) Microsoft Azure
Communications & Networking
1 10 (1.04%) TCP/IP
2 7 (0.73%) Firewall
2 7 (0.73%) SSH
3 5 (0.52%) HTTP
3 5 (0.52%) SAN
3 5 (0.52%) SSL
4 4 (0.42%) PuTTY
4 4 (0.42%) VPN
4 4 (0.42%) Wi-Fi
5 3 (0.31%) LAN
5 3 (0.31%) Multicast
5 3 (0.31%) NAS
6 2 (0.21%) BGP
6 2 (0.21%) DSL
6 2 (0.21%) HTTPS
6 2 (0.21%) Internet
6 2 (0.21%) iSCSI
6 2 (0.21%) Kerberos
6 2 (0.21%) SDH
7 1 (0.10%) Intranet
Database & Business Intelligence
1 101 (10.51%) SQL Server
2 46 (4.79%) SQL Server Integration Services
3 39 (4.06%) Relational Database
4 33 (3.43%) Data Warehouse
5 27 (2.81%) SQL Server Reporting Services
6 22 (2.29%) RDBMS
7 16 (1.66%) NoSQL
8 13 (1.35%) MongoDB
9 9 (0.94%) Oracle Database
9 9 (0.94%) SQL Server 2012
9 9 (0.94%) SQL Server Analysis Services
10 6 (0.62%) Data Mart
10 6 (0.62%) Microsoft Analysis Services
11 5 (0.52%) Big Data
11 5 (0.52%) BusinessObjects
11 5 (0.52%) DB2
11 5 (0.52%) Hadoop
11 5 (0.52%) Hazelcast
11 5 (0.52%) KDB
11 5 (0.52%) MySQL
Development Applications
1 45 (4.68%) Subversion
2 39 (4.06%) JIRA
3 38 (3.95%) Maven
4 37 (3.85%) ClearCase
5 36 (3.75%) NUnit
6 31 (3.23%) Ant
6 31 (3.23%) GoogleTest
7 29 (3.02%) CppUnit
8 18 (1.87%) TeamCity
9 17 (1.77%) Team Foundation Server
10 15 (1.56%) Eclipse
10 15 (1.56%) IntelliJ
10 15 (1.56%) Selenium
11 13 (1.35%) HP UFT
11 13 (1.35%) JUnit
12 12 (1.25%) Jenkins
13 8 (0.83%) ClearQuest
13 8 (0.83%) Git (software)
13 8 (0.83%) Octopus Deploy
14 7 (0.73%) MSI
General
1 514 (53.49%) Finance
2 436 (45.37%) Banking
3 373 (38.81%) Front Office
4 272 (28.30%) Investment Banking
5 62 (6.45%) Back Office
6 44 (4.58%) Financial Institution
7 17 (1.77%) Legal
8 9 (0.94%) General Ledger
9 8 (0.83%) Corporate Banking
10 7 (0.73%) Wholesale Banking
11 6 (0.62%) French Language
11 6 (0.62%) Retail
11 6 (0.62%) Telecoms
12 5 (0.52%) Advertising
12 5 (0.52%) Marketing
13 4 (0.42%) Electronics
13 4 (0.42%) Law
14 2 (0.21%) Manufacturing
15 1 (0.10%) Billing
15 1 (0.10%) Publishing
Job Titles
1 404 (42.04%) Developer
2 294 (30.59%) Analyst
3 217 (22.58%) Business Analyst
4 140 (14.57%) Java Developer
5 113 (11.76%) C# Developer
6 81 (8.43%) Project Manager
7 76 (7.91%) Senior Developer
8 61 (6.35%) Senior Java Developer
9 60 (6.24%) Front Office Developer
10 54 (5.62%) Risk Analyst
10 54 (5.62%) SQL Developer
11 50 (5.20%) .NET Developer
12 48 (4.99%) C++ Developer
13 47 (4.89%) Banking Analyst
13 47 (4.89%) C# .NET Developer
14 46 (4.79%) Senior Analyst
15 45 (4.68%) Derivatives Business Analyst
16 44 (4.58%) Risk Business Analyst
17 41 (4.27%) Front Office Business Analyst
18 40 (4.16%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 113 (11.76%) .NET
2 73 (7.60%) Spring
3 60 (6.24%) HTML
4 58 (6.04%) XML
5 44 (4.58%) FIX Protocol
6 40 (4.16%) HTML5
7 38 (3.95%) WPF
8 36 (3.75%) AngularJS
9 31 (3.23%) JMS
10 30 (3.12%) CSS
11 25 (2.60%) Boost C++ Libraries
12 24 (2.50%) STL
13 23 (2.39%) FpML
14 22 (2.29%) REST
15 20 (2.08%) .NET Framework
16 19 (1.98%) Twitter Bootstrap
17 18 (1.87%) Middleware
17 18 (1.87%) Spring Integration
18 17 (1.77%) ATL
18 17 (1.77%) J2EE
Miscellaneous
1 275 (28.62%) Foreign Exchange (FX)
2 236 (24.56%) Fixed Income
3 193 (20.08%) Equities
4 142 (14.78%) Equity Derivative
5 111 (11.55%) Analytical Skills
6 110 (11.45%) Credit Derivative
7 86 (8.95%) Credit Risk
8 82 (8.53%) Market Risk
9 57 (5.93%) Interest Rate Derivative
10 42 (4.37%) Mathematics
11 29 (3.02%) Grid Computing
12 26 (2.71%) Computer Science
13 23 (2.39%) Hedge funds
14 22 (2.29%) Reference Data
15 15 (1.56%) Data Structures
16 12 (1.25%) Management Information System
17 10 (1.04%) SWIFT
18 9 (0.94%) Fintech
18 9 (0.94%) Physics
19 8 (0.83%) Enterprise Software
Operating Systems
1 125 (13.01%) Unix
2 95 (9.89%) Linux
3 86 (8.95%) Windows
4 16 (1.66%) Windows Server
5 10 (1.04%) Solaris
6 7 (0.73%) CentOS
6 7 (0.73%) Windows Server 2012
7 4 (0.42%) Mac OS X
8 3 (0.31%) AIX
8 3 (0.31%) Red Hat Enterprise Linux
8 3 (0.31%) VMS
9 1 (0.10%) Debian
9 1 (0.10%) Mac OS X Server
9 1 (0.10%) Ubuntu
Processes & Methodologies
1 201 (20.92%) Agile Software Development
2 143 (14.88%) Risk Management
3 133 (13.84%) Multithreading
4 117 (12.17%) TDD
5 101 (10.51%) OO
5 101 (10.51%) Project Management
6 92 (9.57%) Business Analysis
7 75 (7.80%) User Acceptance Testing
8 73 (7.60%) Asset Management
9 72 (7.49%) Migration
10 70 (7.28%) Stakeholder Management
11 59 (6.14%) Requirements Analysis
12 54 (5.62%) SDLC
13 50 (5.20%) Software Engineering
14 49 (5.10%) Configuration Management
14 49 (5.10%) OOD
14 49 (5.10%) UML
15 48 (4.99%) Analytics
15 48 (4.99%) Unit Testing
15 48 (4.99%) Use Case
Programming Languages
1 285 (29.66%) SQL
2 223 (23.20%) C#
3 220 (22.89%) Java
4 132 (13.74%) C++
5 85 (8.84%) Python
6 57 (5.93%) VBA
7 45 (4.68%) Perl
8 40 (4.16%) JavaScript
9 32 (3.33%) C
10 27 (2.81%) Shell Script
11 21 (2.19%) VB
12 19 (1.98%) T-SQL
13 18 (1.87%) Scala
14 17 (1.77%) PowerShell
14 17 (1.77%) VC++
15 15 (1.56%) PL/SQL
16 13 (1.35%) Bash Shell
17 9 (0.94%) Haskell
17 9 (0.94%) MATLAB
18 5 (0.52%) VBScript
Qualifications
1 73 (7.60%) Degree
2 28 (2.91%) Security Cleared
3 25 (2.60%) PhD
4 18 (1.87%) SC Cleared
5 9 (0.94%) ISEB
6 8 (0.83%) ITIL Certification
7 6 (0.62%) ISTQB
8 4 (0.42%) PMI Certification
9 3 (0.31%) CCA
9 3 (0.31%) Citrix Certification
9 3 (0.31%) DV Cleared
10 2 (0.21%) CGEIT
10 2 (0.21%) CISA
10 2 (0.21%) CISM
10 2 (0.21%) CRISC
10 2 (0.21%) PMP
10 2 (0.21%) RHCE
11 1 (0.10%) ACCA
11 1 (0.10%) APMP
11 1 (0.10%) CIMA
Quality Assurance & Compliance
1 71 (7.39%) QA
2 67 (6.97%) MiFID
3 41 (4.27%) EMIR
4 39 (4.06%) Dodd-Frank
5 12 (1.25%) SLA
6 10 (1.04%) AIFMD
6 10 (1.04%) UCITS
7 8 (0.83%) FATCA
8 7 (0.73%) Data Quality
9 6 (0.62%) Sarbanes-Oxley
10 4 (0.42%) Basel III
10 4 (0.42%) ISO/IEC 27001
11 2 (0.21%) Disclosure Scotland
12 1 (0.10%) COBIT
12 1 (0.10%) COREP
12 1 (0.10%) CRD IV
12 1 (0.10%) ISO20022
12 1 (0.10%) Solvency II
System Software
1 7 (0.73%) VMware Infrastructure
2 4 (0.42%) Active Directory
2 4 (0.42%) VMware ESXi
3 3 (0.31%) XenApp
4 2 (0.21%) iptables
4 2 (0.21%) Oracle RAC
4 2 (0.21%) Platform Symphony
4 2 (0.21%) Postfix
4 2 (0.21%) VMware ESX
5 1 (0.10%) Docker
5 1 (0.10%) Hyper-V
5 1 (0.10%) oVirt
5 1 (0.10%) Veritas Cluster Server
Systems Management
1 18 (1.87%) HP Quality Center
2 13 (1.35%) Control-M
3 7 (0.73%) ITRS Geneos
4 5 (0.52%) Nagios
5 4 (0.42%) Puppet
5 4 (0.42%) Tivoli
6 3 (0.31%) AppDNA
6 3 (0.31%) ZABBIX
7 2 (0.21%) Opscode Chef
7 2 (0.21%) Red Hat Spacewalk
8 1 (0.10%) Ansible
8 1 (0.10%) BMC PATROL
8 1 (0.10%) Kibana
8 1 (0.10%) logstash
8 1 (0.10%) OpenView
8 1 (0.10%) RSA Archer
8 1 (0.10%) Salt
Vendors
1 119 (12.38%) Oracle
2 88 (9.16%) Murex
3 81 (8.43%) Microsoft
4 63 (6.56%) Calypso
5 51 (5.31%) Sybase
6 33 (3.43%) Bloomberg
7 30 (3.12%) DataSynapse
8 28 (2.91%) ION Trading
9 18 (1.87%) SunGard
9 18 (1.87%) TIBCO
10 15 (1.56%) Fidessa
10 15 (1.56%) Reuters
11 14 (1.46%) Charles River
12 13 (1.35%) HP
12 13 (1.35%) OpenLink
13 11 (1.14%) IBM
13 11 (1.14%) VMware
14 10 (1.04%) Algorithmics
15 9 (0.94%) ServiceNow
16 8 (0.83%) Informatica
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 17 hours ago
London
Hydrogen Group
Rate: £550.00 - £630.00 per day
Posted: Yesterday
Farnborough, Hampshire
Experis Ltd
Posted: 5 days ago
City, London
E-synergy Solutions
Rate: £750 - £850 per annum
Posted: 5 days ago
London
Hays London City Cheapside
Rate: £590.00 - £640.00 per day
Posted: 9 days ago