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 25 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
25 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 295 229 177
Rank change year-on-year
-66 -52
Contract jobs citing Derivative 404 538 673
As % of all contract IT jobs located in the UK 0.75% 0.99% 1.28%
As % of the Miscellaneous category 2.28% 3.12% 4.02%
Number of daily rates quoted 323 384 534
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 £400
10% offered a daily rate of more than £675 £675 £700
UK excluding London median daily rate £350 £425 £375
% change year-on-year
-17.64% +13.33%
Number of hourly rates quoted 2 0 3
Median hourly rate £65.00 - £42.00
90% offered a hourly rate of more than £53.00 - £16.40
10% offered a hourly rate of more than £77.00 - £48.40
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
17740 17249 16743
As % of all contract IT jobs located in the UK 33.03% 31.83% 31.76%
Number of daily rates quoted 11477 10510 10308
Median daily rate £425 £413 £410
Median daily rate % change year-on-year
+3.03% +0.60%
90% offered a daily rate of more than £260 £250 £225
10% offered a daily rate of more than £615 £600 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 599 715 748
Median hourly rate £21.17 £18.00 £20.50
Median hourly rate % change year-on-year
+17.61% -12.19%
90% offered a hourly rate of more than £12.50 £12.00 £11.83
10% offered a hourly rate of more than £47.00 £45.00 £42.50
UK excluding London median hourly rate £21.36 £18.00 £21.00
% change year-on-year
+18.63% -14.28%

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 25 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 25 May 2016.

Derivative Hourly Rate Histogram in the UK

Derivative
Top 20 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 25 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 -65 397 £550 - 124
London -49 381 £550 - 117
City of London -2 81 £533 -7.79% 54
Hampshire 0 10 £290 -3.41% 3
South East -13 10 £290 -3.49% 6
Glasgow -1 6 £400 +3.22%
Scotland -28 6 £400 -5.88% 2
Canary Wharf -1 5 £600 +11.62%
Docklands, London +10 3 £600 -3.03%
Hook +3 3 £290 - 1
South West -7 2 £350 -17.64%
Gloucestershire -7 2 £350 -17.64%
Worcestershire - 2 £425 -
Yorkshire - 2 £350 -
West Midlands - 2 £425 -
Sheffield - 2 £350 -
Malvern - 2 £425 -
South Yorkshire - 2 £350 -
Cheltenham +7 1 - -
Farnborough - 1 - - 1

Derivative
Top 30 Related IT Skills

For the 6 months to 25 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.

1 487 (54.41%) Finance
2 398 (44.47%) Banking
3 345 (38.55%) Front Office
4 273 (30.50%) SQL
5 259 (28.94%) Foreign Exchange (FX)
6 239 (26.70%) Investment Banking
7 223 (24.92%) Java
8 218 (24.36%) Fixed Income
9 210 (23.46%) C#
10 201 (22.46%) Agile Software Development
11 171 (19.11%) Equities
12 137 (15.31%) Risk Management
13 135 (15.08%) Unix
14 131 (14.64%) Oracle
15 128 (14.30%) C++
16 125 (13.97%) Equity Derivative
17 122 (13.63%) TDD
18 119 (13.30%) Analytical Skills
19 116 (12.96%) Multithreading
20 105 (11.73%) .NET
21 103 (11.51%) Credit Derivative
22 99 (11.06%) Linux
23 92 (10.28%) OO
24 88 (9.83%) SQL Server
25 84 (9.39%) Windows
26 83 (9.27%) Microsoft
27 82 (9.16%) Project Management
27 82 (9.16%) Python
28 77 (8.60%) Credit Risk
29 76 (8.49%) Spring

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 (3.91%) Oracle Coherence
2 31 (3.46%) Tomcat
3 18 (2.01%) Jetty
4 15 (1.68%) Confluence
5 8 (0.89%) Apache
5 8 (0.89%) Apache Spark
5 8 (0.89%) WebSphere
6 7 (0.78%) MQSeries
7 5 (0.56%) Mule
7 5 (0.56%) WebLogic
8 4 (0.45%) GemFire
8 4 (0.45%) WebSphere Application Server
9 3 (0.34%) Elasticsearch
9 3 (0.34%) IIS
9 3 (0.34%) SharePoint
10 2 (0.22%) Oracle Workflow
11 1 (0.11%) Apache Pig
11 1 (0.11%) CMS
11 1 (0.11%) Lightstreamer
11 1 (0.11%) Sitecore CMS
Applications
1 31 (3.46%) MS Excel
2 11 (1.23%) MS PowerPoint
3 8 (0.89%) MS Visio
3 8 (0.89%) Spreadsheet
4 6 (0.67%) MS Office
5 5 (0.56%) Acrobat
5 5 (0.56%) HipChat
5 5 (0.56%) MS Project
6 1 (0.11%) Mathematica
6 1 (0.11%) Open Workbench
Business Applications
1 13 (1.45%) Summit
2 12 (1.34%) Endur
3 11 (1.23%) SunGard GMI
4 10 (1.12%) Markit EDM
5 9 (1.01%) ION MarketView
6 8 (0.89%) Front Arena
7 5 (0.56%) IntelliMatch
7 5 (0.56%) SunGard Stream Clearvision
8 3 (0.34%) Algo Collateral
8 3 (0.34%) FINCAD Analytics
8 3 (0.34%) thinkFolio
9 2 (0.22%) Bloomberg TOMS
9 2 (0.22%) HFM
9 2 (0.22%) Loan IQ
9 2 (0.22%) RMDS
9 2 (0.22%) Rolfe and Nolan
9 2 (0.22%) SimCorp Dimension
10 1 (0.11%) Eikon
10 1 (0.11%) Kondor
10 1 (0.11%) LatentZero
Cloud Services
1 7 (0.78%) Amazon AWS
2 2 (0.22%) Adobe Analytics
2 2 (0.22%) Microsoft Azure
Communications & Networking
1 11 (1.23%) TCP/IP
2 8 (0.89%) SSH
3 7 (0.78%) Firewall
4 5 (0.56%) HTTP
4 5 (0.56%) SAN
4 5 (0.56%) SSL
5 4 (0.45%) PuTTY
5 4 (0.45%) VPN
5 4 (0.45%) Wi-Fi
6 3 (0.34%) Kerberos
6 3 (0.34%) LAN
6 3 (0.34%) Multicast
6 3 (0.34%) NAS
7 2 (0.22%) BGP
7 2 (0.22%) DNS
7 2 (0.22%) DSL
7 2 (0.22%) HTTPS
7 2 (0.22%) Internet
7 2 (0.22%) Intranet
7 2 (0.22%) iSCSI
Database & Business Intelligence
1 88 (9.83%) SQL Server
2 45 (5.03%) SQL Server Integration Services
3 42 (4.69%) Relational Database
4 31 (3.46%) Data Warehouse
5 27 (3.02%) SQL Server Reporting Services
6 22 (2.46%) RDBMS
7 16 (1.79%) NoSQL
8 10 (1.12%) Oracle Database
9 9 (1.01%) DB2
9 9 (1.01%) SQL Server Analysis Services
10 7 (0.78%) Hadoop
10 7 (0.78%) MongoDB
11 6 (0.67%) Data Mart
11 6 (0.67%) Hazelcast
11 6 (0.67%) Microsoft Analysis Services
12 5 (0.56%) Big Data
12 5 (0.56%) BusinessObjects
12 5 (0.56%) KDB
12 5 (0.56%) MySQL
12 5 (0.56%) SQL Server 2012
Development Applications
1 52 (5.81%) Maven
2 43 (4.80%) Subversion
3 36 (4.02%) JIRA
4 34 (3.80%) ClearCase
4 34 (3.80%) NUnit
5 29 (3.24%) Ant
5 29 (3.24%) GoogleTest
6 27 (3.02%) CppUnit
7 25 (2.79%) Eclipse
8 24 (2.68%) IntelliJ
9 19 (2.12%) TeamCity
10 18 (2.01%) Team Foundation Server
11 16 (1.79%) Selenium
12 15 (1.68%) JUnit
13 12 (1.34%) Jenkins
14 10 (1.12%) HP UFT
15 9 (1.01%) Octopus Deploy
16 7 (0.78%) ClearQuest
16 7 (0.78%) Git (software)
16 7 (0.78%) MSI
General
1 487 (54.41%) Finance
2 398 (44.47%) Banking
3 345 (38.55%) Front Office
4 239 (26.70%) Investment Banking
5 60 (6.70%) Back Office
6 42 (4.69%) Financial Institution
7 16 (1.79%) Legal
8 10 (1.12%) General Ledger
9 7 (0.78%) Retail
10 6 (0.67%) French Language
10 6 (0.67%) Telecoms
11 5 (0.56%) Advertising
11 5 (0.56%) Corporate Banking
12 4 (0.45%) Electronics
12 4 (0.45%) Law
12 4 (0.45%) Marketing
12 4 (0.45%) Wholesale Banking
13 2 (0.22%) Manufacturing
13 2 (0.22%) Publishing
14 1 (0.11%) Pharmaceutical
Job Titles
1 397 (44.36%) Developer
2 268 (29.94%) Analyst
3 186 (20.78%) Business Analyst
4 152 (16.98%) Java Developer
5 104 (11.62%) C# Developer
6 83 (9.27%) Senior Developer
7 70 (7.82%) Senior Java Developer
8 59 (6.59%) Project Manager
9 58 (6.48%) Front Office Developer
10 57 (6.37%) SQL Developer
11 52 (5.81%) C++ Developer
12 49 (5.47%) .NET Developer
12 49 (5.47%) Risk Analyst
13 47 (5.25%) C# .NET Developer
14 42 (4.69%) Banking Analyst
15 41 (4.58%) Senior Analyst
16 40 (4.47%) Derivatives Business Analyst
17 38 (4.25%) Agile Developer
17 38 (4.25%) Risk Business Analyst
18 35 (3.91%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 105 (11.73%) .NET
2 76 (8.49%) Spring
3 57 (6.37%) HTML
3 57 (6.37%) XML
4 39 (4.36%) FIX Protocol
5 36 (4.02%) HTML5
6 33 (3.69%) AngularJS
7 32 (3.58%) WPF
8 31 (3.46%) JMS
9 29 (3.24%) CSS
10 26 (2.91%) FpML
11 22 (2.46%) REST
12 21 (2.35%) Boost C++ Libraries
13 20 (2.23%) STL
14 19 (2.12%) Spring Integration
14 19 (2.12%) Twitter Bootstrap
15 18 (2.01%) .NET Framework
16 17 (1.90%) Middleware
17 16 (1.79%) ATL
17 16 (1.79%) MFC
Miscellaneous
1 259 (28.94%) Foreign Exchange (FX)
2 218 (24.36%) Fixed Income
3 171 (19.11%) Equities
4 125 (13.97%) Equity Derivative
5 119 (13.30%) Analytical Skills
6 103 (11.51%) Credit Derivative
7 77 (8.60%) Credit Risk
8 72 (8.04%) OTC Derivatives
9 69 (7.71%) Market Risk
10 54 (6.03%) Interest Rate Derivative
11 42 (4.69%) Mathematics
12 32 (3.58%) Grid Computing
13 22 (2.46%) Computer Science
14 20 (2.23%) Hedge funds
15 19 (2.12%) Reference Data
16 15 (1.68%) Data Structures
17 12 (1.34%) Algorithms
18 10 (1.12%) Management Information System
18 10 (1.12%) SWIFT
19 9 (1.01%) Physics
Operating Systems
1 135 (15.08%) Unix
2 99 (11.06%) Linux
3 84 (9.39%) Windows
4 18 (2.01%) Windows Server
5 11 (1.23%) Solaris
6 8 (0.89%) CentOS
7 7 (0.78%) Windows Server 2012
8 4 (0.45%) Mac OS X
8 4 (0.45%) Red Hat Enterprise Linux
9 3 (0.34%) AIX
9 3 (0.34%) VMS
10 2 (0.22%) Debian
10 2 (0.22%) Ubuntu
11 1 (0.11%) Mac OS X Server
Processes & Methodologies
1 201 (22.46%) Agile Software Development
2 137 (15.31%) Risk Management
3 122 (13.63%) TDD
4 116 (12.96%) Multithreading
5 92 (10.28%) OO
6 82 (9.16%) Project Management
7 74 (8.27%) User Acceptance Testing
8 70 (7.82%) Asset Management
8 70 (7.82%) Business Analysis
9 68 (7.60%) Migration
10 61 (6.82%) Stakeholder Management
11 56 (6.26%) SDLC
12 54 (6.03%) Requirements Analysis
13 51 (5.70%) BDD
14 48 (5.36%) Configuration Management
14 48 (5.36%) OOD
15 45 (5.03%) Analytics
15 45 (5.03%) Integration Testing
15 45 (5.03%) Software Engineering
16 44 (4.92%) Use Case
Programming Languages
1 273 (30.50%) SQL
2 223 (24.92%) Java
3 210 (23.46%) C#
4 128 (14.30%) C++
5 82 (9.16%) Python
6 50 (5.59%) VBA
7 46 (5.14%) Perl
8 35 (3.91%) JavaScript
9 31 (3.46%) C
10 26 (2.91%) Shell Script
11 21 (2.35%) VB
12 18 (2.01%) PowerShell
12 18 (2.01%) Scala
12 18 (2.01%) T-SQL
13 16 (1.79%) VC++
14 15 (1.68%) Bash Shell
14 15 (1.68%) PL/SQL
15 10 (1.12%) MATLAB
16 9 (1.01%) Haskell
17 4 (0.45%) XAML
Qualifications
1 62 (6.93%) Degree
2 30 (3.35%) Security Cleared
3 26 (2.91%) PhD
4 21 (2.35%) SC Cleared
5 10 (1.12%) ISEB
6 8 (0.89%) ISTQB
6 8 (0.89%) ITIL Certification
7 3 (0.34%) CCA
7 3 (0.34%) Citrix Certification
7 3 (0.34%) DV Cleared
7 3 (0.34%) RHCE
8 2 (0.22%) ISTQB Foundation Certification
8 2 (0.22%) PMI Certification
9 1 (0.11%) APMP
9 1 (0.11%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 62 (6.93%) QA
2 45 (5.03%) MiFID
3 30 (3.35%) Dodd-Frank
4 28 (3.13%) EMIR
5 11 (1.23%) SLA
6 10 (1.12%) AIFMD
6 10 (1.12%) UCITS
7 7 (0.78%) Data Quality
8 6 (0.67%) FATCA
9 3 (0.34%) ISO/IEC 27001
9 3 (0.34%) Sarbanes-Oxley
9 3 (0.34%) Solvency II
10 2 (0.22%) Basel III
10 2 (0.22%) Disclosure Scotland
11 1 (0.11%) COREP
11 1 (0.11%) CRD IV
11 1 (0.11%) ISO20022
System Software
1 7 (0.78%) VMware Infrastructure
2 4 (0.45%) Active Directory
2 4 (0.45%) VMware ESXi
3 3 (0.34%) iptables
3 3 (0.34%) Postfix
3 3 (0.34%) XenApp
4 2 (0.22%) Docker
4 2 (0.22%) Oracle RAC
4 2 (0.22%) Platform Symphony
4 2 (0.22%) VMware ESX
5 1 (0.11%) Apache ZooKeeper
5 1 (0.11%) HDFS
5 1 (0.11%) Hyper-V
5 1 (0.11%) oVirt
5 1 (0.11%) Veritas Cluster Server
Systems Management
1 15 (1.68%) HP Quality Center
2 13 (1.45%) Control-M
3 7 (0.78%) ITRS Geneos
3 7 (0.78%) Nagios
4 6 (0.67%) Puppet
5 4 (0.45%) Tivoli
6 3 (0.34%) AppDNA
6 3 (0.34%) Opscode Chef
6 3 (0.34%) Red Hat Spacewalk
6 3 (0.34%) ZABBIX
7 2 (0.22%) Ansible
7 2 (0.22%) Kibana
7 2 (0.22%) logstash
8 1 (0.11%) BMC PATROL
8 1 (0.11%) OpenView
8 1 (0.11%) Salt
Vendors
1 131 (14.64%) Oracle
2 83 (9.27%) Microsoft
3 73 (8.16%) Murex
4 56 (6.26%) Calypso
5 52 (5.81%) Sybase
6 35 (3.91%) Bloomberg
7 28 (3.13%) DataSynapse
8 25 (2.79%) ION Trading
9 15 (1.68%) Fidessa
9 15 (1.68%) SunGard
9 15 (1.68%) TIBCO
10 14 (1.56%) Reuters
11 12 (1.34%) Charles River
11 12 (1.34%) IBM
11 12 (1.34%) OpenLink
12 11 (1.23%) VMware
13 10 (1.12%) HP
14 9 (1.01%) Informatica
14 9 (1.01%) ServiceNow
15 6 (0.67%) Algorithmics
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 10 hours ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 15 hours ago
City, London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 15 hours ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: Yesterday
London
Elevate Direct
Rate: From £550 to £600 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: Yesterday
Hook, Hampshire
Experis Ltd
Rate: £320.00 per day
Posted: Yesterday
London
TEKsystems
Rate: £550 - £650 per day
Posted: Yesterday
London
Pioneer Search
Rate: £600 - £800 per day + Long term rolling contract
Posted: Yesterday
London
iKas International
Rate: £550 - £575 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 5 days ago
Farnborough, Hampshire
Experis Ltd
Posted: 5 days ago
City, London
Harrington Starr
Rate: £500 - £600 per annum
Posted: 5 days ago
London
McGregor Boyall
Rate: £500 - £700 per day
Posted: 5 days ago
London
Hays London City Cheapside
Rate: £550.00 - £600.00 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 6 days ago
UK
JM
Posted: 6 days ago
London
Harvey Nash plc
Rate: £500 - £560 per day
Posted: 6 days ago
London
Development and Infrastructure
Rate: £500 - 650 per day
Posted: 9 days ago
London
Hays London City Cheapside
Rate: £500.00 - £600.00 per day
Posted: 13 days ago