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 July 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 Jul 2016
Same period 2015 Same period 2014
Derivatives
Rank 344 241 226
Rank change year-on-year
-103 -15
Contract jobs citing Derivative 346 571 545
As % of all contract IT jobs located in the UK 0.64% 1.00% 1.00%
As % of the Miscellaneous category 1.92% 3.09% 3.07%
Number of daily rates quoted 268 432 428
Median daily rate £574 £575 £556
Median daily rate % change year-on-year
-0.21% +3.37%
90% offered a daily rate of more than £425 £425 £387
10% offered a daily rate of more than £675 £675 £698
UK excluding London median daily rate £305 £475 £400
% change year-on-year
-35.78% +18.75%
Number of hourly rates quoted 0 1 0
Median hourly rate - £17.00 -
UK excluding London median hourly rate - - -

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
18060 18473 17746
As % of all contract IT jobs located in the UK 33.55% 32.36% 32.43%
Number of daily rates quoted 11668 11625 10725
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 £250 £250 £238
10% offered a daily rate of more than £600 £610 £600
UK excluding London median daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 637 727 711
Median hourly rate £20.78 £19.00 £20.00
Median hourly rate % change year-on-year
+9.36% -5.00%
90% offered a hourly rate of more than £12.00 £12.02 £12.50
10% offered a hourly rate of more than £46.00 £47.50 £45.00
UK excluding London median hourly rate £21.50 £18.50 £20.21
% change year-on-year
+16.21% -8.43%

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 July 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
Top 18 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 July 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 -85 334 £575 - 71
London -73 307 £575 - 68
City of London -3 78 £550 -7.94% 36
South East +33 26 £290 -8.66% 1
Hampshire +20 25 £290 -6.45%
Hook +13 13 £290 -6.45%
Scotland -16 11 £400 -12.32% 4
Glasgow -2 10 £400 +21.21% 4
Docklands, London +3 2 £550 -8.33% 1
Canary Wharf +3 2 £544 +58.75%
Farnborough - 2 - -
County Antrim -10 1 - -
Belfast -10 1 - -
Northern Ireland -11 1 - -
Yorkshire - 1 £350 -
Sheffield - 1 £350 -
South Yorkshire - 1 £350 -
Surrey - 1 £550 -

Derivative
Top 30 Related IT Skills

For the 6 months to 30 July 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.

1 427 (52.01%) Finance
2 369 (44.95%) Banking
3 254 (30.94%) Front Office
4 241 (29.35%) SQL
5 219 (26.67%) C#
5 219 (26.67%) Investment Banking
6 218 (26.55%) Java
7 214 (26.07%) Agile Software Development
8 194 (23.63%) Foreign Exchange (FX)
9 193 (23.51%) Fixed Income
10 152 (18.51%) Equities
11 142 (17.30%) Equity Derivative
12 125 (15.23%) TDD
12 125 (15.23%) Unix
13 124 (15.10%) Risk Management
14 115 (14.01%) C++
15 110 (13.40%) Analytical Skills
16 104 (12.67%) .NET
17 101 (12.30%) Oracle
18 98 (11.94%) Linux
19 94 (11.45%) OO
20 90 (10.96%) Credit Derivative
21 85 (10.35%) Python
21 85 (10.35%) Multithreading
22 75 (9.14%) Microsoft
23 73 (8.89%) HTML
24 69 (8.40%) OTC Derivatives
25 68 (8.28%) Project Management
26 67 (8.16%) Asset Management
26 67 (8.16%) Business Analysis

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 36 (4.38%) Tomcat
2 19 (2.31%) Confluence
3 17 (2.07%) Jetty
4 12 (1.46%) Apache
5 10 (1.22%) Oracle Coherence
6 9 (1.10%) Apache Spark
6 9 (1.10%) WebLogic
7 7 (0.85%) WebSphere
8 6 (0.73%) IIS
9 5 (0.61%) Mule
9 5 (0.61%) SharePoint
10 4 (0.49%) MQSeries
11 3 (0.37%) Elasticsearch
12 2 (0.24%) CMS
12 2 (0.24%) GemFire
12 2 (0.24%) Oracle Workflow
12 2 (0.24%) WebSphere Application Server
13 1 (0.12%) Lightstreamer
13 1 (0.12%) SAS
13 1 (0.12%) Sitecore CMS
Applications
1 33 (4.02%) MS Excel
2 13 (1.58%) Spreadsheet
3 7 (0.85%) MS PowerPoint
4 6 (0.73%) MS Office
4 6 (0.73%) MS Visio
5 5 (0.61%) MS Project
6 4 (0.49%) HipChat
7 2 (0.24%) Acrobat
7 2 (0.24%) Mathematica
8 1 (0.12%) Open Workbench
Business Applications
1 7 (0.85%) Summit
2 6 (0.73%) ION MarketView
3 5 (0.61%) Front Arena
3 5 (0.61%) IntelliMatch
3 5 (0.61%) SunGard GMI
3 5 (0.61%) SunGard Stream Clearvision
4 3 (0.37%) Endur
4 3 (0.37%) FINCAD Analytics
4 3 (0.37%) Sophis RISQUE
4 3 (0.37%) thinkFolio
5 2 (0.24%) Bloomberg TOMS
5 2 (0.24%) Loan IQ
5 2 (0.24%) Markit EDM
5 2 (0.24%) RMDS
6 1 (0.12%) Eikon
6 1 (0.12%) Kondor
6 1 (0.12%) LatentZero
6 1 (0.12%) SimCorp Dimension
Cloud Services
1 12 (1.46%) Amazon AWS
2 5 (0.61%) Microsoft Azure
3 2 (0.24%) Adobe Analytics
3 2 (0.24%) Amazon EC2
3 2 (0.24%) AWS CloudFormation
4 1 (0.12%) Cloud Computing
4 1 (0.12%) SaaS
Communications & Networking
1 12 (1.46%) TCP/IP
2 8 (0.97%) SSH
3 5 (0.61%) DNS
3 5 (0.61%) Intranet
3 5 (0.61%) SAN
3 5 (0.61%) VPN
4 4 (0.49%) Firewall
4 4 (0.49%) HTTP
4 4 (0.49%) Kerberos
4 4 (0.49%) PuTTY
4 4 (0.49%) SSL
5 3 (0.37%) NAS
5 3 (0.37%) Wi-Fi
6 2 (0.24%) BGP
6 2 (0.24%) DSL
6 2 (0.24%) Internet
6 2 (0.24%) iSCSI
7 1 (0.12%) FTP
7 1 (0.12%) LAN
Database & Business Intelligence
1 61 (7.43%) SQL Server
2 35 (4.26%) Relational Database
3 33 (4.02%) SQL Server Integration Services
4 32 (3.90%) NoSQL
5 29 (3.53%) Data Warehouse
6 16 (1.95%) RDBMS
7 15 (1.83%) Hadoop
7 15 (1.83%) SQL Server Reporting Services
8 10 (1.22%) KDB
8 10 (1.22%) Oracle Database
9 9 (1.10%) Big Data
9 9 (1.10%) BusinessObjects
10 8 (0.97%) DB2
10 8 (0.97%) SQL Server Analysis Services
11 7 (0.85%) Apache Cassandra
12 5 (0.61%) Data Mart
12 5 (0.61%) Hazelcast
12 5 (0.61%) MySQL
12 5 (0.61%) QlikView
13 4 (0.49%) Crystal Reports
Development Applications
1 60 (7.31%) Maven
2 35 (4.26%) Subversion
3 33 (4.02%) NUnit
4 32 (3.90%) Eclipse
4 32 (3.90%) JIRA
5 29 (3.53%) IntelliJ
6 28 (3.41%) ClearCase
6 28 (3.41%) GoogleTest
7 26 (3.17%) Ant
8 24 (2.92%) CppUnit
9 21 (2.56%) TeamCity
10 16 (1.95%) Selenium
11 13 (1.58%) Jenkins
11 13 (1.58%) JUnit
11 13 (1.58%) Team Foundation Server
12 8 (0.97%) Git (software)
13 6 (0.73%) HP UFT
13 6 (0.73%) LoadRunner
13 6 (0.73%) NuGet
13 6 (0.73%) Visual Studio
General
1 427 (52.01%) Finance
2 369 (44.95%) Banking
3 254 (30.94%) Front Office
4 219 (26.67%) Investment Banking
5 62 (7.55%) Back Office
6 41 (4.99%) Financial Institution
7 14 (1.71%) Legal
8 13 (1.58%) Retail
9 9 (1.10%) French Language
9 9 (1.10%) General Ledger
10 7 (0.85%) Marketing
11 4 (0.49%) Law
12 3 (0.37%) Telecoms
13 2 (0.24%) Publishing
14 1 (0.12%) Advertising
14 1 (0.12%) Billing
14 1 (0.12%) Corporate Banking
14 1 (0.12%) German Language
14 1 (0.12%) Manufacturing
14 1 (0.12%) Spanish Language
Job Titles
1 390 (47.50%) Developer
2 241 (29.35%) Analyst
3 162 (19.73%) Business Analyst
4 143 (17.42%) Java Developer
5 119 (14.49%) C# Developer
6 85 (10.35%) Senior Developer
7 66 (8.04%) Senior Java Developer
8 61 (7.43%) .NET Developer
8 61 (7.43%) SQL Developer
9 58 (7.06%) C# .NET Developer
10 49 (5.97%) Agile Developer
11 44 (5.36%) C++ Developer
12 43 (5.24%) Derivatives Business Analyst
13 41 (4.99%) Risk Analyst
14 39 (4.75%) Agile Java Developer
15 38 (4.63%) Project Manager
16 37 (4.51%) Applications Support
16 37 (4.51%) Banking Analyst
17 34 (4.14%) Front Office Developer
17 34 (4.14%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 104 (12.67%) .NET
2 73 (8.89%) HTML
3 64 (7.80%) Spring
4 55 (6.70%) HTML5
5 52 (6.33%) AngularJS
6 43 (5.24%) WPF
7 38 (4.63%) XML
8 34 (4.14%) CSS
9 29 (3.53%) JMS
10 28 (3.41%) FIX Protocol
10 28 (3.41%) WCF
11 23 (2.80%) REST
12 21 (2.56%) Web Services
13 19 (2.31%) FpML
13 19 (2.31%) Twitter Bootstrap
14 17 (2.07%) CSS3
14 17 (2.07%) Middleware
14 17 (2.07%) Spring Integration
15 16 (1.95%) ASP.NET
15 16 (1.95%) WebSockets
Miscellaneous
1 194 (23.63%) Foreign Exchange (FX)
2 193 (23.51%) Fixed Income
3 152 (18.51%) Equities
4 142 (17.30%) Equity Derivative
5 110 (13.40%) Analytical Skills
6 90 (10.96%) Credit Derivative
7 69 (8.40%) OTC Derivatives
8 57 (6.94%) Interest Rate Derivative
9 48 (5.85%) Market Risk
10 45 (5.48%) Credit Risk
11 26 (3.17%) Mathematics
12 24 (2.92%) Algorithms
13 23 (2.80%) Computer Science
14 20 (2.44%) Grid Computing
15 19 (2.31%) Hedge funds
16 17 (2.07%) Data Structures
17 15 (1.83%) Reference Data
18 8 (0.97%) Statistics
19 7 (0.85%) Fintech
20 6 (0.73%) User Experience
Operating Systems
1 125 (15.23%) Unix
2 98 (11.94%) Linux
3 57 (6.94%) Windows
4 17 (2.07%) Windows Server
5 9 (1.10%) Solaris
6 8 (0.97%) CentOS
7 6 (0.73%) Windows Server 2012
8 5 (0.61%) Red Hat Enterprise Linux
9 4 (0.49%) Debian
9 4 (0.49%) Mac OS X
9 4 (0.49%) Ubuntu
10 3 (0.37%) VMS
Processes & Methodologies
1 214 (26.07%) Agile Software Development
2 125 (15.23%) TDD
3 124 (15.10%) Risk Management
4 94 (11.45%) OO
5 85 (10.35%) Multithreading
6 68 (8.28%) Project Management
7 67 (8.16%) Asset Management
7 67 (8.16%) Business Analysis
8 62 (7.55%) SDLC
9 60 (7.31%) BDD
10 58 (7.06%) User Acceptance Testing
11 50 (6.09%) Migration
12 49 (5.97%) Software Engineering
12 49 (5.97%) Stakeholder Management
13 45 (5.48%) Configuration Management
13 45 (5.48%) OOD
13 45 (5.48%) Unit Testing
14 42 (5.12%) Integration Testing
15 41 (4.99%) Scrum
16 40 (4.87%) UML
Programming Languages
1 241 (29.35%) SQL
2 219 (26.67%) C#
3 218 (26.55%) Java
4 115 (14.01%) C++
5 85 (10.35%) Python
6 55 (6.70%) JavaScript
7 41 (4.99%) VBA
8 36 (4.38%) Perl
9 34 (4.14%) C
10 25 (3.05%) PL/SQL
10 25 (3.05%) VB
11 23 (2.80%) Shell Script
12 19 (2.31%) Bash Shell
12 19 (2.31%) Scala
13 15 (1.83%) PowerShell
14 12 (1.46%) T-SQL
15 10 (1.22%) Haskell
16 7 (0.85%) XAML
17 6 (0.73%) VC++
18 5 (0.61%) VBScript
Qualifications
1 52 (6.33%) Degree
2 34 (4.14%) Security Cleared
3 31 (3.78%) SC Cleared
4 21 (2.56%) PhD
5 11 (1.34%) ISEB
6 6 (0.73%) ISTQB
7 5 (0.61%) ITIL Certification
8 4 (0.49%) RHCE
9 3 (0.37%) CCA
9 3 (0.37%) Citrix Certification
10 2 (0.24%) ISTQB Foundation Certification
11 1 (0.12%) DV Cleared
11 1 (0.12%) PMI Certification
11 1 (0.12%) PMP
11 1 (0.12%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 44 (5.36%) QA
2 32 (3.90%) MiFID
3 20 (2.44%) Dodd-Frank
4 16 (1.95%) EMIR
5 12 (1.46%) SLA
6 5 (0.61%) AIFMD
6 5 (0.61%) Data Quality
6 5 (0.61%) UCITS
7 4 (0.49%) ISO/IEC 27001
8 2 (0.24%) Basel III
8 2 (0.24%) Disclosure Scotland
8 2 (0.24%) FATCA
8 2 (0.24%) Solvency II
9 1 (0.12%) COREP
9 1 (0.12%) CRD IV
9 1 (0.12%) GAAP
9 1 (0.12%) Sarbanes-Oxley
System Software
1 6 (0.73%) Docker
1 6 (0.73%) VMware Infrastructure
2 4 (0.49%) iptables
2 4 (0.49%) Postfix
3 3 (0.37%) Active Directory
3 3 (0.37%) VMware ESXi
3 3 (0.37%) XenApp
4 2 (0.24%) VMware ESX
5 1 (0.12%) Apache ZooKeeper
5 1 (0.12%) HDFS
5 1 (0.12%) Hyper-V
5 1 (0.12%) Oracle RAC
5 1 (0.12%) Veritas Cluster Server
5 1 (0.12%) Virtual Machines
Systems Management
1 15 (1.83%) Control-M
2 11 (1.34%) Nagios
3 10 (1.22%) HP Quality Center
4 9 (1.10%) Puppet
5 8 (0.97%) ITRS Geneos
6 5 (0.61%) Ansible
6 5 (0.61%) Opscode Chef
7 4 (0.49%) BladeLogic
7 4 (0.49%) Red Hat Spacewalk
8 3 (0.37%) AppDNA
8 3 (0.37%) Tivoli
9 2 (0.24%) Kibana
9 2 (0.24%) logstash
9 2 (0.24%) ZABBIX
10 1 (0.12%) BMC PATROL
10 1 (0.12%) OpenView
Vendors
1 101 (12.30%) Oracle
2 75 (9.14%) Microsoft
3 53 (6.46%) Murex
4 41 (4.99%) Calypso
5 32 (3.90%) Bloomberg
5 32 (3.90%) Sybase
6 22 (2.68%) ION Trading
7 15 (1.83%) Sophis
8 12 (1.46%) TIBCO
9 11 (1.34%) Fidessa
9 11 (1.34%) IBM
10 10 (1.22%) Reuters
10 10 (1.22%) VMware
11 9 (1.10%) Atlassian
12 8 (0.97%) HP
12 8 (0.97%) Informatica
12 8 (0.97%) Remedy
13 7 (0.85%) Citrix
13 7 (0.85%) Red Hat
14 6 (0.73%) SunGard
City, London
Harvey Nash plc
Rate: £550 - £600 per annum
Posted: Yesterday
City, London
Harrington Starr
Rate: £700 per day
Posted: Yesterday
Docklands
iKas International
Rate: £550 - £650 per day
Posted: Yesterday
London
Experis Ltd
Rate: £550 - £600 per day + DOE
Posted: Yesterday
London
TEKsystems
Rate: £550 - £575 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 4 days ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: 5 days ago
Nottingham, Nottinghamshire
Uniting Ambition
Rate: Market related
Posted: 4 days ago