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 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Derivatives
Rank 220 98 96
Rank change year-on-year
-122 -2
Contract jobs citing Derivative 521 1050 1130
As % of all contract IT jobs located in the UK 0.93% 2.00% 1.95%
As % of the Miscellaneous category 3.63% 7.66% 7.81%
Number of daily rates quoted 390 832 930
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £359 £425 £425
10% offered a daily rate of more than £650 £700 £675
UK excluding London average daily rate £365 £450 £369
% change year-on-year
-18.88% +22.03%
Number of hourly rates quoted 0 3 0
Average hourly rate - £90.00 -
UK excluding London average hourly rate - £90.00 -

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
14338 13715 14464
As % of all contract IT jobs located in the UK 25.46% 26.14% 24.97%
Number of daily rates quoted 8593 8388 8401
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £246 £245 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 620 612 795
Average hourly rate £18.00 £19.25 £25.73
Average hourly rate % change year-on-year
-6.49% -25.18%
90% offered a hourly rate of more than £12.42 £12.00 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.88 £17.50 £29.00
% change year-on-year
+7.85% -39.65%

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 21 August 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 21 August 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 -128 486 £575 +4.54% 142
London -53 470 £575 +4.54% 134
City of London -52 139 £575 +4.54% 90
Scotland -4 33 £425 -5.55% 3
Edinburgh -1 20 £450 -35.71% 1
North West +7 7 £275 - 4
Manchester -4 7 £275 - 3
Stirling -9 7 - -
Glasgow -8 6 £425 -10.52% 2
Docklands, London +4 5 £413 -21.42%
South East +3 5 £200 -6.65% 2
Hampshire - 4 £200 - 1
Berkshire - 2 £200 -
East of England -24 1 £350 +16.66% 1
South West -38 1 £355 +136.66%
Dorset - 1 £355 -
Reading - 1 £200 -
Hertfordshire - 1 £350 -
Bournemouth - 1 £355 -
Basingstoke - 1 £200 - 1
Billericay - - - -
Birmingham - - - -
Bishop's Stortford - - - -
Cambridge - - - - 1
Catterick Garrison - - - - 1
Swansea - - - -
West Drayton - - - -
Weybridge - - - -
Northampton - - - -
Portsmouth - - - -

Derivative
Top 30 Related IT Skills

For the 6 months to 21 August 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.

1 489 (40.95%) Banking
2 468 (39.20%) Finance
3 461 (38.61%) Front Office
4 373 (31.24%) SQL
5 351 (29.40%) Investment Banking
6 327 (27.39%) Fixed Income
7 306 (25.63%) Foreign Exchange (FX)
8 261 (21.86%) Java
9 231 (19.35%) Equities
10 209 (17.50%) C#
11 201 (16.83%) Oracle
12 172 (14.41%) Credit Derivative
13 168 (14.07%) Equity Derivative
14 161 (13.48%) C++
15 160 (13.40%) UNIX
16 140 (11.73%) OO
17 138 (11.56%) Risk Management
18 137 (11.47%) Linux
19 132 (11.06%) XML
20 131 (10.97%) Back Office
20 131 (10.97%) Business Analysis
21 126 (10.55%) Python
22 121 (10.13%) .NET
23 118 (9.88%) Analytics
24 115 (9.63%) SQL Server
25 114 (9.55%) Agile Software Development
26 105 (8.79%) Multithreading
27 102 (8.54%) EMIR
28 94 (7.87%) Project Management
29 93 (7.79%) Windows

Derivative
Top Related IT Skills by Category

For the 6 months to 21 August 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 30 (2.51%) WebSphere
2 13 (1.09%) Oracle Coherence
3 9 (0.75%) Confluence
4 7 (0.59%) WebSphere Application Server
4 7 (0.59%) WebLogic
5 6 (0.50%) IIS
6 5 (0.42%) TIBCO EMS
7 3 (0.25%) Tomcat
8 2 (0.17%) MQSeries
8 2 (0.17%) SharePoint
8 2 (0.17%) Oracle Workflow
8 2 (0.17%) GemFire
8 2 (0.17%) Elasticsearch
9 1 (0.084%) Apache
Applications
1 42 (3.52%) MS Excel
2 23 (1.93%) MS PowerPoint
3 19 (1.59%) MS Visio
3 19 (1.59%) MS Office
4 13 (1.09%) MS Project
5 4 (0.34%) Spreadsheet
Business Applications
1 26 (2.18%) Markit EDM
2 12 (1.01%) SunGard GMI
3 11 (0.92%) Summit
4 8 (0.67%) LatentZero
4 8 (0.67%) ION MarketView
5 7 (0.59%) IntelliMatch
6 6 (0.50%) RMDS
7 5 (0.42%) Endur
8 3 (0.25%) Minerva
8 3 (0.25%) Salerio
8 3 (0.25%) Eagle PACE
9 2 (0.17%) Oracle BPM
9 2 (0.17%) Rolfe and Nolan
9 2 (0.17%) Sentinel
9 2 (0.17%) Front Arena
9 2 (0.17%) Tesseract
9 2 (0.17%) Oracle 11i
10 1 (0.084%) Murex MxG2000
10 1 (0.084%) LongView
10 1 (0.084%) SAP MDM
Cloud Services
1 2 (0.17%) Microsoft Azure
1 2 (0.17%) Amazon AWS
2 1 (0.084%) PaaS
2 1 (0.084%) IaaS
Communications & Networking
1 8 (0.67%) DSL
2 7 (0.59%) TCP/IP
2 7 (0.59%) Internet
3 5 (0.42%) HTTP
3 5 (0.42%) Multicast
3 5 (0.42%) Firewall
4 3 (0.25%) BGP
5 2 (0.17%) EIGRP
5 2 (0.17%) Network Security
5 2 (0.17%) Cisco ASA
5 2 (0.17%) FWSM
5 2 (0.17%) Cisco Nexus
5 2 (0.17%) SNMP
5 2 (0.17%) LAN
5 2 (0.17%) WAN
5 2 (0.17%) MPLS
5 2 (0.17%) OSPF
5 2 (0.17%) VPN
6 1 (0.084%) DNS
Database & Business Intelligence
1 115 (9.63%) SQL Server
2 62 (5.19%) Oracle Database
3 60 (5.03%) Relational Database
4 27 (2.26%) Oracle Database 10g
5 24 (2.01%) SQL Server Integration Services
6 22 (1.84%) SQL Server Reporting Services
7 20 (1.68%) SQL Server 2008
8 17 (1.42%) PostgreSQL
9 16 (1.34%) Data Mining
9 16 (1.34%) ObjectStore
10 15 (1.26%) RDBMS
10 15 (1.26%) KDB
11 14 (1.17%) Data Warehouse
12 12 (1.01%) DTS
13 10 (0.84%) Oracle Database 11g
14 8 (0.67%) MS Access
15 7 (0.59%) NoSQL
16 6 (0.50%) Apache Cassandra
17 5 (0.42%) SQL Server 2012
17 5 (0.42%) Hadoop
Development Applications
1 32 (2.68%) Subversion
2 31 (2.60%) JIRA
3 26 (2.18%) Visual Studio
4 21 (1.76%) Ant
5 17 (1.42%) TeamCity
6 15 (1.26%) JUnit
7 14 (1.17%) CruiseControl
8 13 (1.09%) Git (software)
8 13 (1.09%) Team Foundation Server
8 13 (1.09%) Jenkins
9 10 (0.84%) Maven
10 8 (0.67%) ClearCase
10 8 (0.67%) Eclipse
11 7 (0.59%) NUnit
11 7 (0.59%) CppUnit
11 7 (0.59%) GoogleTest
12 6 (0.50%) IntelliJ
12 6 (0.50%) Rational Rose
13 5 (0.42%) QuickTest Pro
13 5 (0.42%) Hudson
General
1 489 (40.95%) Banking
2 468 (39.20%) Finance
3 461 (38.61%) Front Office
4 351 (29.40%) Investment Banking
5 131 (10.97%) Back Office
6 22 (1.84%) Legal
6 22 (1.84%) Financial Institution
7 8 (0.67%) Advertising
7 8 (0.67%) Publishing
8 5 (0.42%) French Language
8 5 (0.42%) General Ledger
9 3 (0.25%) Wholesale Banking
9 3 (0.25%) Games
9 3 (0.25%) Retail
10 2 (0.17%) International Banking
11 1 (0.084%) Marketing
11 1 (0.084%) German Language
11 1 (0.084%) Italian Language
11 1 (0.084%) Telecoms
Job Titles
1 482 (40.37%) Analyst
2 421 (35.26%) Developer
3 298 (24.96%) Business Analyst
4 112 (9.38%) Java Developer
5 111 (9.30%) Project Manager
6 84 (7.04%) C# Developer
7 64 (5.36%) C++ Developer
8 56 (4.69%) Support Analyst
9 51 (4.27%) Python Developer
10 44 (3.69%) Senior Developer
11 43 (3.60%) Test Analyst
12 35 (2.93%) Investment Banking Business Analyst
13 34 (2.85%) Scala Developer
14 32 (2.68%) Banking Business Analyst
14 32 (2.68%) .NET Developer
15 30 (2.51%) Senior Analyst
16 28 (2.35%) Applications Support
17 27 (2.26%) Architect
18 26 (2.18%) Credit Risk Analyst
19 21 (1.76%) Consultant
Libraries, Frameworks & Software Standards
1 132 (11.06%) XML
2 121 (10.13%) .NET
3 73 (6.11%) WPF
4 64 (5.36%) Spring
5 57 (4.77%) Boost C++ Libraries
6 51 (4.27%) FpML
7 49 (4.10%) WCF
8 45 (3.77%) FIX Protocol
9 44 (3.69%) HTML
10 40 (3.35%) STL
11 37 (3.10%) WinForms
12 33 (2.76%) HTML5
13 29 (2.43%) Hibernate
14 26 (2.18%) XSLT
15 24 (2.01%) Middleware
16 22 (1.84%) .NET Framework
17 21 (1.76%) ASP.NET
18 20 (1.68%) Web Services
18 20 (1.68%) AngularJS
19 19 (1.59%) LINQ
Miscellaneous
1 327 (27.39%) Fixed Income
2 306 (25.63%) Foreign Exchange (FX)
3 231 (19.35%) Equities
4 172 (14.41%) Credit Derivative
5 168 (14.07%) Equity Derivative
6 92 (7.71%) Credit Risk
7 80 (6.70%) Interest Rate Derivative
8 70 (5.86%) Market Risk
9 51 (4.27%) Computer Science
10 28 (2.35%) Reference Data
11 26 (2.18%) Mathematics
12 24 (2.01%) Grid Computing
13 23 (1.93%) Open Source
14 18 (1.51%) SWIFT
15 13 (1.09%) Management Information System
16 11 (0.92%) Visualisation
16 11 (0.92%) Hedge funds
17 10 (0.84%) DTCC
18 8 (0.67%) Statistics
18 8 (0.67%) Economics
Operating Systems
1 160 (13.40%) UNIX
2 137 (11.47%) Linux
3 93 (7.79%) Windows
4 12 (1.01%) Windows 7
5 10 (0.84%) Windows XP
6 9 (0.75%) Oracle Linux
7 7 (0.59%) Windows Server 2003
8 6 (0.50%) Red Hat Enterprise Linux
9 5 (0.42%) Windows Server 2008
10 4 (0.34%) Solaris
11 2 (0.17%) SUSE
11 2 (0.17%) Debian
11 2 (0.17%) Windows Vista
Processes & Methodologies
1 140 (11.73%) OO
2 138 (11.56%) Risk Management
3 131 (10.97%) Business Analysis
4 118 (9.88%) Analytics
5 114 (9.55%) Agile Software Development
6 105 (8.79%) Multithreading
7 94 (7.87%) Project Management
8 93 (7.79%) TDD
9 83 (6.95%) User Acceptance Testing
10 71 (5.95%) Asset Management
11 69 (5.78%) Data Analysis
12 67 (5.61%) Low Latency
13 65 (5.44%) Software Engineering
14 59 (4.94%) Workflow
15 57 (4.77%) Migration
16 55 (4.61%) Investment Management
17 48 (4.02%) Data Modelling
18 46 (3.85%) OOD
19 45 (3.77%) Stakeholder Management
19 45 (3.77%) Electronic Trading
Programming Languages
1 373 (31.24%) SQL
2 261 (21.86%) Java
3 209 (17.50%) C#
4 161 (13.48%) C++
5 126 (10.55%) Python
6 68 (5.70%) Scala
7 64 (5.36%) Perl
8 59 (4.94%) VBA
9 46 (3.85%) JavaScript
10 31 (2.60%) PL/SQL
11 27 (2.26%) T-SQL
11 27 (2.26%) Shell Script
12 22 (1.84%) Bash Shell
13 17 (1.42%) C
14 10 (0.84%) VB
14 10 (0.84%) Ruby
15 7 (0.59%) Haskell
15 7 (0.59%) Clojure
15 7 (0.59%) VC++
15 7 (0.59%) PHP
Qualifications
1 70 (5.86%) Degree
2 12 (1.01%) ISEB
3 9 (0.75%) Security Cleared
4 8 (0.67%) PhD
4 8 (0.67%) MBA
5 7 (0.59%) SC Cleared
6 6 (0.50%) Microsoft Certification
6 6 (0.50%) MCSE
7 5 (0.42%) PRINCE2 Certification
7 5 (0.42%) CFA
7 5 (0.42%) ISTQB
8 4 (0.34%) CIMA
8 4 (0.34%) MCSD
9 2 (0.17%) Cisco Certification
9 2 (0.17%) CCSP
9 2 (0.17%) CCNP
9 2 (0.17%) CCNA
9 2 (0.17%) PMI Certification
9 2 (0.17%) IIBA
10 1 (0.084%) CBAP
Quality Assurance & Compliance
1 102 (8.54%) EMIR
2 87 (7.29%) Dodd-Frank
3 55 (4.61%) QA
4 28 (2.35%) Basel III
5 12 (1.01%) MiFID
6 8 (0.67%) CRD IV
7 6 (0.50%) Data Quality
8 5 (0.42%) FATCA
8 5 (0.42%) Basel II
9 4 (0.34%) AIFMD
10 3 (0.25%) ISO 9001
10 3 (0.25%) SLA
11 2 (0.17%) FINREP
12 1 (0.084%) COREP
12 1 (0.084%) Sarbanes-Oxley
12 1 (0.084%) GCP
12 1 (0.084%) Solvency II
System Software
1 4 (0.34%) Active Directory
2 2 (0.17%) VMware Infrastructure
2 2 (0.17%) HDFS
3 1 (0.084%) GridGain
Systems Management
1 20 (1.68%) HP Quality Center
2 18 (1.51%) ITRS Geneos
3 2 (0.17%) Puppet
3 2 (0.17%) Opscode Chef
3 2 (0.17%) Tivoli
3 2 (0.17%) Control-M
4 1 (0.084%) Nagios
4 1 (0.084%) ServiceCenter
4 1 (0.084%) SCCM
4 1 (0.084%) BMC PATROL
Vendors
1 201 (16.83%) Oracle
2 55 (4.61%) Microsoft
3 53 (4.44%) Sybase
4 37 (3.10%) Murex
5 33 (2.76%) Calypso
6 28 (2.35%) Charles River
7 27 (2.26%) DataSynapse
8 18 (1.51%) Bloomberg
9 17 (1.42%) TIBCO
9 17 (1.42%) Reuters
9 17 (1.42%) HP
9 17 (1.42%) ION Trading
9 17 (1.42%) thinkFolio
9 17 (1.42%) DevExpress
10 15 (1.26%) SunGard
11 13 (1.09%) Tradeweb
12 12 (1.01%) IBM
13 10 (0.84%) Red Hat
14 8 (0.67%) Remedy
14 8 (0.67%) Business Objects
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 hours ago
City, London
Aston Carter
Rate: £450 - £550 per day
Posted: 19 hours ago
City, London
Aston Carter
Rate: £525 - £625 per day
Posted: 20 hours ago
City, London
Harrington Starr
Rate: £600 - £800 per day
Posted: Yesterday
London
Aston Carter
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £700 per day
Posted: Yesterday
City, London
JM
Rate: £500 - £700 per day
Posted: Yesterday
City, London
Go Partnership.
Rate: From £400 to £600 per day
Posted: Yesterday
City, London
TEKsystems
Rate: market rate
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 2 days ago
London
Harrington Starr
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £800 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £575 - £675 per day
Posted: 2 days ago
London
Experis Ltd
Rate: market rates
Posted: 2 days ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 3 days ago
London
Canary Wharf and City
Rate: Up to £550 per day
Posted: 3 days ago
City, London
Marcus Donald People
Rate: £550-650 Daily
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 5 days ago
City, London
JM
Rate: £300 - £400 per day
Posted: 6 days ago