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 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Derivatives
Rank 224 96 87
Rank change year-on-year
-128 -9
Contract jobs citing Derivative 530 1073 1224
As % of all contract IT jobs located in the UK 0.92% 2.03% 2.12%
As % of the Miscellaneous category 3.01% 6.55% 7.09%
Number of daily rates quoted 390 849 987
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £550
90% offered a daily rate of more than £350 £425 £425
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £375 £450 £400
% change year-on-year
-16.66% +12.50%
Number of hourly rates quoted 1 3 0
Average hourly rate £22.50 £90.00 -
Average hourly rate % change year-on-year
-75.00% -
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
17586 16390 17257
As % of all contract IT jobs located in the UK 30.53% 31.06% 29.93%
Number of daily rates quoted 10697 10107 9986
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £235 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 732 670 874
Average hourly rate £18.73 £18.00 £25.00
Average hourly rate % change year-on-year
+4.02% -28.00%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

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 19 September 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 19 September 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 -128 490 £550 - 130
London -58 468 £575 +4.54% 120
City of London -49 143 £563 -1.53% 74
Scotland +6 35 £425 -5.55% 5
Edinburgh +14 18 £450 -35.71% 1
North West +10 16 £300 - 5
Manchester +4 16 £300 - 5
Stirling -7 10 - -
Glasgow -10 7 £425 -10.52% 4
Docklands, London +6 3 £555 -12.94%
Northern Ireland -3 3 £413 +37.50% 3
East of England -20 1 £350 +16.66%
South West -45 1 £355 +136.66% 1
East Midlands - 1 £238 -
Dorset - 1 £355 -
Hampshire - 1 - - 1
Hertfordshire - 1 £350 -
Bournemouth - 1 £355 -
South East - 1 - - 1
Canary Wharf - - - -
West Wales - - - -
Cambridge - - - -
Catterick Garrison - - - -
Basingstoke - - - - 1
Birmingham - - - - 1
Bishop's Stortford - - - -
Exeter - - - - 1
County Londonderry - - - -
Swansea - - - -
West Drayton - - - -

Derivative
Top 30 Related IT Skills

For the 6 months to 19 September 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.

1 463 (40.26%) Banking
2 457 (39.74%) Front Office
3 456 (39.65%) Finance
4 354 (30.78%) SQL
5 332 (28.87%) Investment Banking
6 326 (28.35%) Fixed Income
7 297 (25.83%) Foreign Exchange (FX)
8 270 (23.48%) Java
9 216 (18.78%) Equities
10 210 (18.26%) Agile Software Development
11 195 (16.96%) Oracle
12 187 (16.26%) C#
13 166 (14.43%) Credit Derivative
14 164 (14.26%) C++
15 163 (14.17%) UNIX
16 162 (14.09%) Equity Derivative
17 141 (12.26%) XML
18 138 (12.00%) Linux
18 138 (12.00%) OO
19 131 (11.39%) Business Analysis
20 125 (10.87%) Risk Management
21 124 (10.78%) Python
22 120 (10.43%) Back Office
22 120 (10.43%) Analytical Skills
23 111 (9.65%) Analytics
24 108 (9.39%) .NET
25 103 (8.96%) Windows
26 97 (8.43%) SQL Server
26 97 (8.43%) EMIR
27 95 (8.26%) Project Management

Derivative
Top Related IT Skills by Category

For the 6 months to 19 September 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 31 (2.70%) WebSphere
2 15 (1.30%) Oracle Coherence
3 9 (0.78%) Confluence
4 7 (0.61%) WebLogic
4 7 (0.61%) WebSphere Application Server
5 5 (0.43%) TIBCO EMS
6 4 (0.35%) Tomcat
6 4 (0.35%) IIS
7 2 (0.17%) SharePoint
7 2 (0.17%) Apache
7 2 (0.17%) Oracle Workflow
7 2 (0.17%) Elasticsearch
8 1 (0.087%) Node.js
8 1 (0.087%) Jetty
8 1 (0.087%) AquaLogic Service Bus
8 1 (0.087%) MQSeries
Applications
1 40 (3.48%) MS Excel
2 18 (1.57%) MS Office
3 17 (1.48%) MS Project
3 17 (1.48%) MS Visio
4 16 (1.39%) MS PowerPoint
5 8 (0.70%) Spreadsheet
Business Applications
1 22 (1.91%) Markit EDM
2 12 (1.04%) SunGard GMI
3 10 (0.87%) ION MarketView
4 9 (0.78%) Summit
5 7 (0.61%) IntelliMatch
5 7 (0.61%) Endur
6 6 (0.52%) LatentZero
7 5 (0.43%) RMDS
8 4 (0.35%) Remedy ITSM
8 4 (0.35%) Salerio
9 3 (0.26%) Tesseract
9 3 (0.26%) Minerva
9 3 (0.26%) Sentinel
10 2 (0.17%) Oracle 11i
10 2 (0.17%) Oracle Assets
10 2 (0.17%) Oracle BPM
10 2 (0.17%) Eagle PACE
10 2 (0.17%) Rolfe and Nolan
11 1 (0.087%) Oracle Cash Management
11 1 (0.087%) SunGard Stream Clearvision
Cloud Services
1 3 (0.26%) Microsoft Azure
2 2 (0.17%) Amazon AWS
3 1 (0.087%) IaaS
3 1 (0.087%) PaaS
Communications & Networking
1 10 (0.87%) TCP/IP
2 5 (0.43%) Multicast
2 5 (0.43%) Internet
2 5 (0.43%) HTTP
3 3 (0.26%) DSL
3 3 (0.26%) Firewall
3 3 (0.26%) DNS
4 2 (0.17%) SNMP
5 1 (0.087%) tcpdump
5 1 (0.087%) NAS
5 1 (0.087%) AMQP
5 1 (0.087%) Wireshark
5 1 (0.087%) BGP
5 1 (0.087%) SAN
Database & Business Intelligence
1 97 (8.43%) SQL Server
2 66 (5.74%) Relational Database
3 63 (5.48%) Oracle Database
4 20 (1.74%) SQL Server Reporting Services
4 20 (1.74%) Oracle Database 10g
5 19 (1.65%) SQL Server Integration Services
6 17 (1.48%) SQL Server 2008
6 17 (1.48%) PostgreSQL
7 16 (1.39%) ObjectStore
8 15 (1.30%) Data Mining
9 12 (1.04%) Data Warehouse
9 12 (1.04%) RDBMS
10 11 (0.96%) KDB
11 9 (0.78%) NoSQL
12 8 (0.70%) Oracle Database 11g
13 7 (0.61%) DTS
14 5 (0.43%) MongoDB
14 5 (0.43%) Hadoop
15 4 (0.35%) MS Access
15 4 (0.35%) MySQL
Development Applications
1 39 (3.39%) Subversion
2 32 (2.78%) JIRA
3 21 (1.83%) Git (software)
4 17 (1.48%) Visual Studio
5 16 (1.39%) Ant
5 16 (1.39%) JUnit
5 16 (1.39%) TeamCity
6 13 (1.13%) Team Foundation Server
7 11 (0.96%) CruiseControl
8 10 (0.87%) Maven
9 9 (0.78%) Eclipse
10 7 (0.61%) Jenkins
10 7 (0.61%) QuickTest Pro
11 6 (0.52%) ClearCase
11 6 (0.52%) IntelliJ
11 6 (0.52%) CppUnit
12 5 (0.43%) GoogleTest
12 5 (0.43%) Hudson
12 5 (0.43%) NUnit
13 4 (0.35%) Rational Rose
General
1 463 (40.26%) Banking
2 457 (39.74%) Front Office
3 456 (39.65%) Finance
4 332 (28.87%) Investment Banking
5 120 (10.43%) Back Office
6 26 (2.26%) Financial Institution
7 22 (1.91%) Legal
8 11 (0.96%) Advertising
9 8 (0.70%) Publishing
10 7 (0.61%) French Language
11 5 (0.43%) General Ledger
12 4 (0.35%) Games
12 4 (0.35%) Retail
13 3 (0.26%) Wholesale Banking
14 2 (0.17%) German Language
15 1 (0.087%) Retail Banking
15 1 (0.087%) Marketing
15 1 (0.087%) International Banking
15 1 (0.087%) Italian Language
15 1 (0.087%) Telecoms
Job Titles
1 443 (38.52%) Analyst
2 413 (35.91%) Developer
3 267 (23.22%) Business Analyst
4 122 (10.61%) Java Developer
5 118 (10.26%) Project Manager
6 66 (5.74%) C# Developer
7 63 (5.48%) C++ Developer
8 62 (5.39%) Support Analyst
9 57 (4.96%) Python Developer
10 40 (3.48%) Test Analyst
11 38 (3.30%) Senior Developer
12 31 (2.70%) Applications Support
13 28 (2.43%) Scala Developer
14 27 (2.35%) Architect
14 27 (2.35%) Credit Risk Analyst
15 26 (2.26%) Banking Business Analyst
15 26 (2.26%) Senior Analyst
16 25 (2.17%) Investment Banking Business Analyst
17 24 (2.09%) .NET Developer
18 22 (1.91%) Front Office Developer
Libraries, Frameworks & Software Standards
1 141 (12.26%) XML
2 108 (9.39%) .NET
3 57 (4.96%) Spring
3 57 (4.96%) Boost C++ Libraries
4 52 (4.52%) FpML
5 49 (4.26%) FIX Protocol
5 49 (4.26%) WPF
6 46 (4.00%) STL
7 37 (3.22%) HTML
8 35 (3.04%) WCF
9 33 (2.87%) XSLT
10 32 (2.78%) Web Services
11 27 (2.35%) HTML5
11 27 (2.35%) Middleware
12 25 (2.17%) WinForms
13 24 (2.09%) Hibernate
14 22 (1.91%) jQuery
15 21 (1.83%) AngularJS
16 20 (1.74%) ASP.NET
17 19 (1.65%) XSD
Miscellaneous
1 326 (28.35%) Fixed Income
2 297 (25.83%) Foreign Exchange (FX)
3 216 (18.78%) Equities
4 166 (14.43%) Credit Derivative
5 162 (14.09%) Equity Derivative
6 120 (10.43%) Analytical Skills
7 84 (7.30%) Interest Rate Derivative
8 80 (6.96%) Credit Risk
9 56 (4.87%) Market Risk
10 54 (4.70%) Computer Science
11 27 (2.35%) Grid Computing
12 23 (2.00%) Reference Data
12 23 (2.00%) Open Source
13 21 (1.83%) Mathematics
14 16 (1.39%) Management Information System
15 14 (1.22%) SWIFT
16 10 (0.87%) DTCC
17 9 (0.78%) User Experience
17 9 (0.78%) Economics
18 8 (0.70%) Hedge funds
Operating Systems
1 163 (14.17%) UNIX
2 138 (12.00%) Linux
3 103 (8.96%) Windows
4 10 (0.87%) Windows 7
5 9 (0.78%) Oracle Linux
6 8 (0.70%) Windows Server 2003
7 7 (0.61%) Windows Server 2008
8 6 (0.52%) Red Hat Enterprise Linux
9 4 (0.35%) Windows XP
10 3 (0.26%) Solaris
11 2 (0.17%) SUSE
11 2 (0.17%) Debian
11 2 (0.17%) Windows Vista
Processes & Methodologies
1 210 (18.26%) Agile Software Development
2 138 (12.00%) OO
3 131 (11.39%) Business Analysis
4 125 (10.87%) Risk Management
5 111 (9.65%) Analytics
6 95 (8.26%) Project Management
7 92 (8.00%) TDD
7 92 (8.00%) Multithreading
8 80 (6.96%) User Acceptance Testing
9 72 (6.26%) Low Latency
9 72 (6.26%) Asset Management
10 68 (5.91%) Data Analysis
11 62 (5.39%) Workflow
12 60 (5.22%) Software Engineering
13 58 (5.04%) Migration
14 57 (4.96%) Investment Management
15 49 (4.26%) Stakeholder Management
16 44 (3.83%) Electronic Trading
17 43 (3.74%) Unit Testing
18 40 (3.48%) Risk Analytics
Programming Languages
1 354 (30.78%) SQL
2 270 (23.48%) Java
3 187 (16.26%) C#
4 164 (14.26%) C++
5 124 (10.78%) Python
6 59 (5.13%) VBA
7 55 (4.78%) Perl
8 54 (4.70%) Scala
9 45 (3.91%) JavaScript
10 27 (2.35%) Shell Script
11 22 (1.91%) PL/SQL
11 22 (1.91%) T-SQL
11 22 (1.91%) Bash Shell
12 16 (1.39%) PHP
13 15 (1.30%) C
14 9 (0.78%) Clojure
15 8 (0.70%) VC++
15 8 (0.70%) Haskell
15 8 (0.70%) PowerShell
16 7 (0.61%) VB
Qualifications
1 67 (5.83%) Degree
2 8 (0.70%) ISEB
2 8 (0.70%) Security Cleared
3 6 (0.52%) Microsoft Certification
3 6 (0.52%) MCSE
4 5 (0.43%) SC Cleared
4 5 (0.43%) PRINCE2 Certification
5 4 (0.35%) PhD
5 4 (0.35%) MCSD
5 4 (0.35%) CIMA
6 3 (0.26%) CFA
6 3 (0.26%) ISTQB
7 2 (0.17%) MBA
8 1 (0.087%) DV Cleared
8 1 (0.087%) IIBA
8 1 (0.087%) ACCA
8 1 (0.087%) ITIL Certification
8 1 (0.087%) PMI Certification
Quality Assurance & Compliance
1 97 (8.43%) EMIR
2 76 (6.61%) Dodd-Frank
3 47 (4.09%) QA
4 25 (2.17%) Basel III
5 9 (0.78%) MiFID
6 8 (0.70%) CRD IV
7 6 (0.52%) Basel II
7 6 (0.52%) Data Quality
8 4 (0.35%) ISO 9001
8 4 (0.35%) FATCA
9 3 (0.26%) AIFMD
9 3 (0.26%) SLA
10 2 (0.17%) FINREP
11 1 (0.087%) COREP
11 1 (0.087%) Solvency II
11 1 (0.087%) UCITS
11 1 (0.087%) Sarbanes-Oxley
System Software
1 3 (0.26%) Active Directory
2 2 (0.17%) HDFS
2 2 (0.17%) VMware Infrastructure
3 1 (0.087%) Platform Symphony
3 1 (0.087%) GridGain
Systems Management
1 21 (1.83%) HP Quality Center
2 18 (1.57%) ITRS Geneos
3 5 (0.43%) Control-M
4 4 (0.35%) BMC PATROL
5 2 (0.17%) Tivoli
5 2 (0.17%) Puppet
5 2 (0.17%) Opscode Chef
6 1 (0.087%) ServiceCenter
6 1 (0.087%) SCCM
6 1 (0.087%) Nagios
Vendors
1 195 (16.96%) Oracle
2 56 (4.87%) Microsoft
3 54 (4.70%) Sybase
4 40 (3.48%) Murex
5 30 (2.61%) Calypso
6 27 (2.35%) Charles River
7 23 (2.00%) DataSynapse
8 20 (1.74%) TIBCO
8 20 (1.74%) Red Hat
9 17 (1.48%) thinkFolio
10 16 (1.39%) ION Trading
11 15 (1.30%) Bloomberg
12 14 (1.22%) Reuters
12 14 (1.22%) SunGard
13 13 (1.13%) HP
14 12 (1.04%) IBM
14 12 (1.04%) DevExpress
14 12 (1.04%) Tradeweb
15 9 (0.78%) Remedy
16 7 (0.61%) Wall Street Systems
City, London
Harrington Starr
Rate: £500 per day
Posted: 11 hours ago
City, London
Montash
Rate: £450 - £550 per day + negotiable
Posted: 15 hours ago
Belfast, County Antrim
Harvey Nash plc
Rate: £350 - £425 per day
Posted: 21 hours ago
City, London
Aston Carter
Rate: £500 - £650 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £700 per day
Posted: 2 days ago
London
Montash
Rate: £500 - £700 per day
Posted: 2 days ago
City of London
Orgtel
Rate: £300 per day + competitive
Posted: 3 days ago
London
Huxley Associates
Rate: £700 - £1000 per day + competitive
Posted: 3 days ago
Belfast, County Antrim
Randstad Technologies
Rate: £400 - £425 per day
Posted: 3 days ago
London
Aston Carter
Rate: £15 - £25 per hour
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 3 days ago
London
Harrington Starr
Rate: £600 - £800 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £300 - £450 per day
Posted: 5 days ago
London
Ripe4
Rate: £0 - £500+ per day
Posted: 6 days ago
London
ComputAppoint
Rate: £700 - £750 per day
Posted: 6 days ago
Belfast, County Antrim
TEKsystems
Rate: £400 - £425 per day
Posted: 6 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 8 days ago