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 2 July 2015 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
2 Jul 2015
Same period 2014 Same period 2013
Derivatives
Rank 222 194 99
Rank change year-on-year
-28 -95
Contract jobs citing Derivative 544 576 1005
As % of all contract IT jobs located in the UK 0.99% 1.07% 2.03%
As % of the Miscellaneous category 3.15% 3.37% 6.08%
Number of daily rates quoted 413 452 798
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £575 £550
Average daily rate % change year-on-year
- +4.54%
90% offered a daily rate of more than £438 £400 £425
10% offered a daily rate of more than £675 £700 £700
UK excluding London average daily rate £450 £385 £450
% change year-on-year
+16.88% -14.44%
Number of hourly rates quoted 0 1 1
Average hourly rate - £42.00 £17.00
Average hourly rate % change year-on-year
- +147.05%
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%

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
17275 17101 16540
As % of all contract IT jobs located in the UK 31.36% 31.83% 33.43%
Number of daily rates quoted 10761 10497 9770
Average daily rate £415 £400 £425
Average daily rate % change year-on-year
+3.75% -5.88%
90% offered a daily rate of more than £250 £235 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 642 659 718
Average hourly rate £19.00 £21.00 £22.00
Average hourly rate % change year-on-year
-9.52% -4.54%
90% offered a hourly rate of more than £12.39 £12.50 £12.42
10% offered a hourly rate of more than £46.50 £43.00 £44.00
UK excluding London average hourly rate £19.00 £22.50 £20.00
% change year-on-year
-15.55% +12.50%

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 2 July 2015.

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 24 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 2 July 2015. 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 -25 506 £575 - 131
London -12 484 £575 - 127
City of London -3 152 £599 +8.86% 65
Scotland -13 21 £450 +5.88% 4
Glasgow +3 12 £313 -16.66% 1
South East -19 12 £310 +30.52% 3
Hampshire +3 11 £305 +11.00% 2
Canary Wharf - 9 £500 -
Edinburgh -10 8 £475 -13.63% 3
Docklands, London -4 7 £600 +50.00% 1
County Antrim - 7 £175 -
Belfast - 7 £175 -
Northern Ireland - 7 £175 -
South West - 5 £425 -
West Midlands +4 3 £500 -16.66% 2
Hook -3 3 £310 +3.50%
Gloucestershire - 3 £425 -
Cheltenham - 3 £425 -
Birmingham -3 2 £475 -20.83% 2
Wiltshire - 2 £350 -
Berkshire +6 1 £800 +300.00%
Stirling -5 1 - -
Manchester - 1 - -
North West - 1 - -

Derivative
Top 30 Related IT Skills

For the 6 months to 2 July 2015, 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.

1 547 (46.01%) Banking
2 494 (41.55%) Finance
3 462 (38.86%) Front Office
4 384 (32.30%) Investment Banking
5 375 (31.54%) SQL
6 314 (26.41%) Java
7 297 (24.98%) Fixed Income
8 294 (24.73%) C#
9 277 (23.30%) Equities
10 258 (21.70%) Foreign Exchange (FX)
11 256 (21.53%) Equity Derivative
12 245 (20.61%) Agile Software Development
13 233 (19.60%) UNIX
14 191 (16.06%) .NET
15 181 (15.22%) C++
16 165 (13.88%) OO
17 152 (12.78%) Linux
18 151 (12.70%) Multithreading
19 150 (12.62%) Analytical Skills
20 140 (11.77%) Oracle
21 139 (11.69%) SQL Server
22 130 (10.93%) Business Analysis
23 119 (10.01%) Python
24 118 (9.92%) Risk Management
25 107 (9.00%) TDD
26 105 (8.83%) Degree
27 98 (8.24%) SDLC
28 91 (7.65%) Project Management
29 88 (7.40%) Credit Derivative
30 87 (7.32%) XML

Derivative
Top Related IT Skills by Category

For the 6 months to 2 July 2015, 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 17 (1.43%) Oracle Coherence
2 15 (1.26%) Oracle Workflow
3 14 (1.18%) WebSphere
3 14 (1.18%) MQSeries
4 9 (0.76%) SharePoint
4 9 (0.76%) Tomcat
5 8 (0.67%) Apache
6 6 (0.50%) IIS
7 5 (0.42%) Apache Spark
8 4 (0.34%) WebLogic
9 3 (0.25%) SharePoint 2013
9 3 (0.25%) Node.js
10 2 (0.17%) GemFire
10 2 (0.17%) Confluence
11 1 (0.084%) Lync
11 1 (0.084%) MTS
Applications
1 52 (4.37%) MS Excel
2 15 (1.26%) MS Office
3 13 (1.09%) Spreadsheet
4 12 (1.01%) MS Project
5 11 (0.93%) MS PowerPoint
6 6 (0.50%) MS Visio
6 6 (0.50%) Acrobat
7 2 (0.17%) RoboHelp
7 2 (0.17%) FrameMaker
Business Applications
1 34 (2.86%) Markit EDM
2 27 (2.27%) Summit
3 24 (2.02%) thinkFolio
4 14 (1.18%) LatentZero
5 13 (1.09%) ION MarketView
6 9 (0.76%) SunGard GMI
7 6 (0.50%) Tesseract
7 6 (0.50%) Minerva
7 6 (0.50%) Sentinel
8 5 (0.42%) SimCorp Dimension
9 4 (0.34%) Global One
9 4 (0.34%) IntelliMatch
9 4 (0.34%) Oracle General Ledger
10 3 (0.25%) Eagle PACE
11 2 (0.17%) RMDS
12 1 (0.084%) Visualfiles
12 1 (0.084%) SAP FI
12 1 (0.084%) LongView
12 1 (0.084%) Endur
12 1 (0.084%) Temenos T24
Cloud Services
1 4 (0.34%) Amazon AWS
Communications & Networking
1 8 (0.67%) Firewall
2 7 (0.59%) HTTP
2 7 (0.59%) TCP/IP
3 4 (0.34%) DNS
3 4 (0.34%) HTTPS
3 4 (0.34%) SSL
3 4 (0.34%) Multicast
4 2 (0.17%) Internet
4 2 (0.17%) DSL
5 1 (0.084%) Kerberos
5 1 (0.084%) Unified Communications
Database & Business Intelligence
1 139 (11.69%) SQL Server
2 65 (5.47%) Relational Database
3 36 (3.03%) Data Warehouse
3 36 (3.03%) RDBMS
4 25 (2.10%) SQL Server 2008
4 25 (2.10%) Oracle Database
5 21 (1.77%) SQL Server Reporting Services
6 20 (1.68%) SQL Server Integration Services
7 19 (1.60%) NoSQL
8 17 (1.43%) DB2
9 15 (1.26%) MS Access
10 14 (1.18%) Hadoop
11 13 (1.09%) Sybase ASE
11 13 (1.09%) DTS
12 11 (0.93%) Data Mining
12 11 (0.93%) KDB
12 11 (0.93%) Big Data
13 10 (0.84%) Sybase IQ
14 9 (0.76%) SQL Server 2012
15 8 (0.67%) Pentaho
Development Applications
1 39 (3.28%) Subversion
2 35 (2.94%) JIRA
3 33 (2.78%) NUnit
3 33 (2.78%) Ant
4 26 (2.19%) ClearCase
5 25 (2.10%) GoogleTest
6 23 (1.93%) CppUnit
7 22 (1.85%) TeamCity
8 19 (1.60%) JUnit
9 16 (1.35%) Rational Rose
9 16 (1.35%) Git (software)
10 15 (1.26%) Visual Studio
11 14 (1.18%) Maven
12 12 (1.01%) Team Foundation Server
13 8 (0.67%) CruiseControl
13 8 (0.67%) Eclipse
14 6 (0.50%) Jenkins
15 5 (0.42%) SpecFlow
15 5 (0.42%) ProC
15 5 (0.42%) JBehave
General
1 547 (46.01%) Banking
2 494 (41.55%) Finance
3 462 (38.86%) Front Office
4 384 (32.30%) Investment Banking
5 71 (5.97%) Back Office
6 37 (3.11%) Financial Institution
7 26 (2.19%) Telecoms
8 16 (1.35%) Retail
8 16 (1.35%) French Language
9 15 (1.26%) Legal
10 14 (1.18%) General Ledger
11 8 (0.67%) Advertising
12 7 (0.59%) Corporate Banking
13 5 (0.42%) Retail Banking
14 1 (0.084%) Private Banking
14 1 (0.084%) Marketing
14 1 (0.084%) German Language
14 1 (0.084%) Manufacturing
14 1 (0.084%) Law
Job Titles
1 546 (45.92%) Developer
2 394 (33.14%) Analyst
3 259 (21.78%) Business Analyst
4 161 (13.54%) Java Developer
5 136 (11.44%) C# Developer
6 92 (7.74%) Senior Developer
7 80 (6.73%) Project Manager
8 75 (6.31%) C++ Developer
9 43 (3.62%) .NET Developer
10 42 (3.53%) Support Analyst
11 35 (2.94%) Senior C# Developer
12 32 (2.69%) Applications Support
12 32 (2.69%) Python Developer
13 28 (2.35%) Senior Java Developer
14 27 (2.27%) C# .NET Developer
15 24 (2.02%) Banking Business Analyst
16 23 (1.93%) Investment Banking Business Analyst
17 22 (1.85%) RAD Developer
17 22 (1.85%) Front Office Developer
17 22 (1.85%) Senior Analyst
Libraries, Frameworks & Software Standards
1 191 (16.06%) .NET
2 87 (7.32%) XML
3 74 (6.22%) WPF
4 64 (5.38%) HTML
5 63 (5.30%) FIX Protocol
6 56 (4.71%) WCF
7 53 (4.46%) Spring
8 48 (4.04%) HTML5
9 36 (3.03%) WinForms
10 35 (2.94%) Web Services
11 32 (2.69%) FpML
12 26 (2.19%) .NET Framework
13 25 (2.10%) RESTful
14 24 (2.02%) AngularJS
15 23 (1.93%) ASP.NET
16 19 (1.60%) JMS
17 17 (1.43%) J2EE
18 16 (1.35%) SOAP
19 15 (1.26%) Rendezvous
19 15 (1.26%) Middleware
Miscellaneous
1 297 (24.98%) Fixed Income
2 277 (23.30%) Equities
3 258 (21.70%) Foreign Exchange (FX)
4 256 (21.53%) Equity Derivative
5 150 (12.62%) Analytical Skills
6 88 (7.40%) Credit Derivative
7 67 (5.63%) Interest Rate Derivative
8 57 (4.79%) Computer Science
9 46 (3.87%) Credit Risk
10 38 (3.20%) Mathematics
11 33 (2.78%) Market Risk
12 26 (2.19%) Data Structures
13 25 (2.10%) Grid Computing
14 21 (1.77%) Reference Data
15 19 (1.60%) Algorithms
16 18 (1.51%) Contract for Difference
17 16 (1.35%) Management Information System
18 14 (1.18%) Hedge funds
19 12 (1.01%) Swaptions
20 10 (0.84%) DTCC
Operating Systems
1 233 (19.60%) UNIX
2 152 (12.78%) Linux
3 86 (7.23%) Windows
4 12 (1.01%) Red Hat Enterprise Linux
5 6 (0.50%) Solaris
6 4 (0.34%) Amazon Linux
7 1 (0.084%) Apple iOS
7 1 (0.084%) Oracle Linux
7 1 (0.084%) Windows Server 2003
7 1 (0.084%) Android
7 1 (0.084%) Windows Server 2008
7 1 (0.084%) CentOS
Processes & Methodologies
1 245 (20.61%) Agile Software Development
2 165 (13.88%) OO
3 151 (12.70%) Multithreading
4 130 (10.93%) Business Analysis
5 118 (9.92%) Risk Management
6 107 (9.00%) TDD
7 98 (8.24%) SDLC
8 91 (7.65%) Project Management
9 71 (5.97%) Data Modelling
9 71 (5.97%) Stakeholder Management
9 71 (5.97%) Asset Management
10 69 (5.80%) Workflow
11 66 (5.55%) Analytics
12 64 (5.38%) Investment Management
13 62 (5.21%) Electronic Trading
14 56 (4.71%) Software Engineering
15 54 (4.54%) User Acceptance Testing
16 51 (4.29%) Migration
17 48 (4.04%) OOD
17 48 (4.04%) Continuous Integration
Programming Languages
1 375 (31.54%) SQL
2 314 (26.41%) Java
3 294 (24.73%) C#
4 181 (15.22%) C++
5 119 (10.01%) Python
6 73 (6.14%) VBA
7 67 (5.63%) Perl
8 59 (4.96%) JavaScript
9 42 (3.53%) Scala
10 36 (3.03%) Shell Script
11 33 (2.78%) C
12 28 (2.35%) T-SQL
13 16 (1.35%) PL/SQL
14 14 (1.18%) Haskell
15 12 (1.01%) VB
16 9 (0.76%) Clojure
17 8 (0.67%) F#
17 8 (0.67%) VBScript
18 7 (0.59%) R
18 7 (0.59%) Bash Shell
Qualifications
1 105 (8.83%) Degree
2 29 (2.44%) Security Cleared
3 18 (1.51%) SC Cleared
4 12 (1.01%) ISEB
5 9 (0.76%) CFA
5 9 (0.76%) ISTQB
6 7 (0.59%) PRINCE2 Certification
7 5 (0.42%) DV Cleared
8 4 (0.34%) PMI Certification
9 3 (0.25%) ITIL Foundation Certificate
10 2 (0.17%) IIBA
10 2 (0.17%) CBAP
10 2 (0.17%) Postgraduate
11 1 (0.084%) PhD
11 1 (0.084%) CAPM
11 1 (0.084%) A+ Certification
11 1 (0.084%) ITIL Certification
11 1 (0.084%) PMP
11 1 (0.084%) ISTQB Foundation Certification
11 1 (0.084%) Six Sigma Master Black Belt
Quality Assurance & Compliance
1 53 (4.46%) QA
2 51 (4.29%) EMIR
3 46 (3.87%) Dodd-Frank
4 24 (2.02%) MiFID
5 8 (0.67%) FATCA
6 7 (0.59%) CRD IV
6 7 (0.59%) COREP
6 7 (0.59%) Solvency II
7 5 (0.42%) Data Quality
7 5 (0.42%) Basel III
8 1 (0.084%) SLA
8 1 (0.084%) Sarbanes-Oxley
8 1 (0.084%) Basel II
8 1 (0.084%) GAAP
System Software
1 4 (0.34%) Varnish
2 3 (0.25%) Platform Symphony
3 2 (0.17%) HDFS
3 2 (0.17%) Apache Flume
4 1 (0.084%) Ceph
4 1 (0.084%) Active Directory
Systems Management
1 11 (0.93%) Control-M
2 10 (0.84%) HP Quality Center
3 8 (0.67%) ITRS Geneos
4 6 (0.50%) Puppet
5 4 (0.34%) Ansible
6 2 (0.17%) Oozie
7 1 (0.084%) Vagrant
7 1 (0.084%) CA Single Sign-On
Vendors
1 140 (11.77%) Oracle
2 76 (6.39%) Sybase
3 61 (5.13%) Microsoft
4 35 (2.94%) Murex
5 30 (2.52%) TIBCO
6 27 (2.27%) IBM
6 27 (2.27%) DevExpress
7 24 (2.02%) Charles River
8 21 (1.77%) Bloomberg
9 17 (1.43%) ION Trading
10 16 (1.35%) Business Objects
11 15 (1.26%) Calypso
11 15 (1.26%) Sophis
12 13 (1.09%) Tradeweb
13 11 (0.93%) Red Hat
14 10 (0.84%) SunGard
15 8 (0.67%) HP
15 8 (0.67%) Fidessa
15 8 (0.67%) Informatica
15 8 (0.67%) Infragistics
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