Period
to 18 May 2021

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 18 May 2021 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Derivatives
UK > England
6 months to
18 May 2021
Same period 2020 Same period 2019
Rank 231 263 410
Rank change year-on-year +32 +147 -86
Contract jobs citing Derivative 528 436 501
As % of all contract jobs advertised in England 1.16% 0.98% 0.60%
As % of the Miscellaneous category 3.87% 3.41% 2.07%
Number of daily rates quoted 431 387 360
10th Percentile £513 £500 £474
25th Percentile £550 £538 £568
Median daily rate (50th Percentile) £613 £650 £650
Median % change year-on-year -5.77% - +4.84%
75th Percentile £713 £713 £688
90th Percentile £775 £800 £725
UK median daily rate £613 £650 £625
% change year-on-year -5.77% +4.00% +2.04%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £25.30
UK median hourly rate - - £25.30

Derivative is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 13,650 12,785 24,179
As % of all contract IT jobs advertised in England 29.97% 28.86% 28.77%
Number of daily rates quoted 9,128 8,452 16,148
10th Percentile £281 £254 £293
25th Percentile £397 £375 £388
Median daily rate (50th Percentile) £500 £475 £475
Median % change year-on-year +5.26% - -
75th Percentile £613 £600 £588
90th Percentile £700 £700 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +2.70%
Number of hourly rates quoted 536 529 777
10th Percentile £12.38 £12.61 £11.85
25th Percentile £16.41 £15.75 £14.75
Median hourly rate £25.75 £21.57 £21.00
Median % change year-on-year +19.38% +2.71% -4.55%
75th Percentile £47.50 £44.25 £44.13
90th Percentile £59.25 £53.00 £51.25
UK median hourly rate £25.50 £22.82 £20.31
% change year-on-year +11.74% +12.34% -5.96%

Derivative
Job Vacancy Trend in England

Job postings citing Derivative as a proportion of all IT jobs advertised in England.

Job vacancy trend for Derivative in England

Derivative
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Derivative in England.

Daily rate trend for Derivative in England

Derivative
Daily Rate Histogram in England

Daily rate distribution for jobs citing Derivative in England over the 6 months to 18 May 2021.

Daily rate histogram for Derivative in England

Derivative
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Derivative in England.

Hourly rate trend for Derivative in England

Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the England region over the 6 months to 18 May 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London 0 503 £613 -5.77% 53
East of England - 16 £575 -
North of England +34 4 - -
North West +20 4 - -
South West +44 1 - -
South East +28 1 £450 -29.55%
Derivative
UK

For the 6 months to 18 May 2021, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for Derivative.

1 335 (63.45%) Front Office
2 319 (60.42%) Finance
3 216 (40.91%) Python
4 208 (39.39%) Java
5 202 (38.26%) Banking
6 198 (37.50%) Equities
7 188 (35.61%) Agile Software Development
8 184 (34.85%) SQL
9 182 (34.47%) Foreign Exchange (FX)
10 178 (33.71%) Fixed Income
11 164 (31.06%) JavaScript
12 154 (29.17%) Asset Management
13 152 (28.79%) Investment Banking
14 146 (27.65%) Investment Management
15 136 (25.76%) Analytics
16 134 (25.38%) C#
17 129 (24.43%) AWS
18 118 (22.35%) Software Engineering
19 106 (20.08%) React
20 103 (19.51%) AngularJS
21 100 (18.94%) Hedge funds
22 90 (17.05%) C++
22 90 (17.05%) Web Services
23 84 (15.91%) .NET
24 81 (15.34%) Azure
25 80 (15.15%) Equity Derivative
26 73 (13.83%) Social Skills
27 72 (13.64%) Requirements Gathering
27 72 (13.64%) Multithreading
28 70 (13.26%) Low Latency

Derivative
Co-occurring IT Skills in England 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 22 (4.17%) OpenStack
2 17 (3.22%) Apache
3 11 (2.08%) Apache Spark
4 7 (1.33%) Confluence
5 5 (0.95%) DataSynapse
6 3 (0.57%) MQSeries
6 3 (0.57%) Oracle Coherence
7 1 (0.19%) Apache Airflow
7 1 (0.19%) JBoss
7 1 (0.19%) Oracle Workflow
7 1 (0.19%) Red Hat Fuse
7 1 (0.19%) WebLogic
Applications
1 18 (3.41%) Microsoft Excel
2 3 (0.57%) MS Visio
3 2 (0.38%) Microsoft PowerPoint
4 1 (0.19%) Microsoft Office
4 1 (0.19%) Microsoft Project
Business Applications
1 9 (1.70%) Summit
2 7 (1.33%) Markit EDM
3 4 (0.76%) ION MarketView
4 3 (0.57%) Eikon
4 3 (0.57%) Orchestrade
4 3 (0.57%) thinkFolio
5 2 (0.38%) Eagle PACE
5 2 (0.38%) LatentZero
5 2 (0.38%) LongView
5 2 (0.38%) Temenos T24
6 1 (0.19%) Bloomberg AIM
6 1 (0.19%) BusinessWorks
6 1 (0.19%) FINCAD Analytics
6 1 (0.19%) Loan IQ
6 1 (0.19%) PolarLake
Cloud Services
1 129 (24.43%) AWS
2 81 (15.34%) Azure
3 59 (11.17%) GCP
4 25 (4.73%) Amazon EC2
4 25 (4.73%) Amazon S3
4 25 (4.73%) AWS Lambda
4 25 (4.73%) Serverless
5 5 (0.95%) Apigee
5 5 (0.95%) OpenShift
6 2 (0.38%) GitHub
6 2 (0.38%) Power Platform
7 1 (0.19%) Cloud Computing
7 1 (0.19%) IaaS
Communications & Networking
1 22 (4.17%) 3GPP
1 22 (4.17%) SGSN
1 22 (4.17%) Software-Defined Networking
2 12 (2.27%) TCP/IP
3 9 (1.70%) SSL
4 7 (1.33%) FIX Connectivity
5 6 (1.14%) HTTP
6 3 (0.57%) Firewall
6 3 (0.57%) Multicast
7 1 (0.19%) iSCSI
Database & Business Intelligence
1 25 (4.73%) Amazon DynamoDB
2 21 (3.98%) SQL Server
3 16 (3.03%) Apache Ignite
4 13 (2.46%) Apache Cassandra
5 12 (2.27%) Hazelcast
6 10 (1.89%) Redis
6 10 (1.89%) Relational Database
7 9 (1.70%) Data Warehouse
8 5 (0.95%) Oracle Database
9 4 (0.76%) Azure SQL Database
9 4 (0.76%) Data Lake
10 3 (0.57%) Big Data
10 3 (0.57%) MongoDB
10 3 (0.57%) MS Access
10 3 (0.57%) PostgreSQL
10 3 (0.57%) SQL Server Analysis Services
10 3 (0.57%) Tableau
11 2 (0.38%) Data Mining
11 2 (0.38%) Power BI
12 1 (0.19%) Blockchain
Development Applications
1 53 (10.04%) Git (software)
2 46 (8.71%) JIRA
3 25 (4.73%) Bitbucket
4 19 (3.60%) TeamCity
5 17 (3.22%) Artifactory
6 16 (3.03%) Visual Studio
7 11 (2.08%) Jenkins
7 11 (2.08%) Subversion
8 9 (1.70%) Octopus Deploy
9 5 (0.95%) Maven
10 4 (0.76%) Cucumber
10 4 (0.76%) Selenium
11 2 (0.38%) Robot Framework
12 1 (0.19%) CppUnit
12 1 (0.19%) Eclipse
12 1 (0.19%) Gradle
12 1 (0.19%) IntelliJ
General
1 335 (63.45%) Front Office
2 319 (60.42%) Finance
3 202 (38.26%) Banking
4 152 (28.79%) Investment Banking
5 73 (13.83%) Social Skills
6 37 (7.01%) Analytical Skills
7 19 (3.60%) Financial Institution
8 18 (3.41%) Back Office
9 9 (1.70%) Telecoms
10 7 (1.33%) Prime Brokerage
10 7 (1.33%) Synthetic Prime Brokerage
11 5 (0.95%) Influencing Skills
11 5 (0.95%) Retail
12 4 (0.76%) Legal
13 3 (0.57%) French Language
13 3 (0.57%) Private Banking
14 2 (0.38%) General Ledger
15 1 (0.19%) Corporate Banking
15 1 (0.19%) International Banking
15 1 (0.19%) Retail Banking
Job Titles
1 304 (57.58%) Developer
2 120 (22.73%) Analyst
3 102 (19.32%) Front Office Developer
4 92 (17.42%) Java Developer
4 92 (17.42%) Python Developer
5 65 (12.31%) Business Analyst
6 59 (11.17%) C# Developer
6 59 (11.17%) JavaScript Developer
7 52 (9.85%) Financial Analyst
8 49 (9.28%) Software Engineer
9 48 (9.09%) Developer/Software Engineer
10 45 (8.52%) Investment Banking Java Developer
11 37 (7.01%) SQL Analyst
11 37 (7.01%) SQL Data Analyst
12 34 (6.44%) Senior Developer
13 33 (6.25%) Python Engineer
14 29 (5.49%) Python Software Engineer
15 27 (5.11%) Report Analyst
15 27 (5.11%) Senior Java Developer
16 24 (4.55%) Banking Analyst
Libraries, Frameworks & Software Standards
1 106 (20.08%) React
2 103 (19.51%) AngularJS
3 90 (17.05%) Web Services
4 84 (15.91%) .NET
5 67 (12.69%) Vue.js
6 64 (12.12%) FIX Protocol
7 40 (7.58%) Node.js
8 39 (7.39%) XML
9 27 (5.11%) YAML
10 26 (4.92%) Shiny
11 24 (4.55%) .NET Core
11 24 (4.55%) JSON
11 24 (4.55%) WPF
12 22 (4.17%) Spine.js
12 22 (4.17%) Spring
13 19 (3.60%) GraphQL
13 19 (3.60%) WCF
14 18 (3.41%) ASP.NET
15 17 (3.22%) Kafka
15 17 (3.22%) Spring Boot
Miscellaneous
1 198 (37.50%) Equities
2 182 (34.47%) Foreign Exchange (FX)
3 178 (33.71%) Fixed Income
4 100 (18.94%) Hedge funds
5 80 (15.15%) Equity Derivative
6 54 (10.23%) Data Structures
7 50 (9.47%) Greenfield Project
8 35 (6.63%) Credit Risk
9 22 (4.17%) Data Centre
9 22 (4.17%) Interest Rate Derivative
10 21 (3.98%) Market Risk
11 17 (3.22%) Credit Derivative
11 17 (3.22%) SWIFT
12 15 (2.84%) Algorithms
13 14 (2.65%) Cloud Native
13 14 (2.65%) OTC Derivatives
14 8 (1.52%) Management Information System
15 4 (0.76%) Analytical Mindset
15 4 (0.76%) Virtual Team
16 3 (0.57%) Energy Derivatives
Operating Systems
1 26 (4.92%) Linux
2 20 (3.79%) Unix
3 8 (1.52%) Windows
4 1 (0.19%) Red Hat Enterprise Linux
Processes & Methodologies
1 188 (35.61%) Agile Software Development
2 154 (29.17%) Asset Management
3 146 (27.65%) Investment Management
4 136 (25.76%) Analytics
5 118 (22.35%) Software Engineering
6 72 (13.64%) Multithreading
6 72 (13.64%) Requirements Gathering
7 70 (13.26%) Low Latency
8 61 (11.55%) Electronic Trading
9 55 (10.42%) Performance Tuning
10 54 (10.23%) Microservices
11 51 (9.66%) Dashboard Development
12 50 (9.47%) Portfolio Management
13 45 (8.52%) TDD
14 39 (7.39%) Algorithmic Trading
14 39 (7.39%) Business Analysis
14 39 (7.39%) Multithreaded Programming
15 37 (7.01%) DevOps
16 35 (6.63%) Mathematics
17 34 (6.44%) Memory Management
Programming Languages
1 216 (40.91%) Python
2 208 (39.39%) Java
3 184 (34.85%) SQL
4 164 (31.06%) JavaScript
5 134 (25.38%) C#
6 90 (17.05%) C++
7 63 (11.93%) Kotlin
8 62 (11.74%) TypeScript
9 59 (11.17%) Scala
10 27 (5.11%) R
11 14 (2.65%) Perl
11 14 (2.65%) PL/SQL
12 12 (2.27%) Haskell
12 12 (2.27%) VBA
13 9 (1.70%) Java 8
14 6 (1.14%) Go
15 5 (0.95%) Clojure
16 4 (0.76%) PHP
16 4 (0.76%) Shell Script
16 4 (0.76%) VB
Qualifications
1 24 (4.55%) Degree
2 3 (0.57%) Computer Science Degree
3 2 (0.38%) PRINCE2 Certification
4 1 (0.19%) ACCA
4 1 (0.19%) CFA
4 1 (0.19%) Master's Degree
4 1 (0.19%) MBA
4 1 (0.19%) Numerate Degree
4 1 (0.19%) SC Cleared
4 1 (0.19%) Security Cleared
Quality Assurance & Compliance
1 22 (4.17%) OASIS TOSCA
2 10 (1.89%) MiFID
3 4 (0.76%) PMO
4 3 (0.57%) CRD IV
4 3 (0.57%) EMIR
4 3 (0.57%) IFRS
4 3 (0.57%) QA
5 2 (0.38%) Basel III
5 2 (0.38%) Data Quality
5 2 (0.38%) GDPR
6 1 (0.19%) AIFMD
6 1 (0.19%) COREP
6 1 (0.19%) Dodd-Frank
6 1 (0.19%) ISO/IEC 27001
System Software
1 47 (8.90%) Docker
2 22 (4.17%) KVM
2 22 (4.17%) LXC
2 22 (4.17%) VMware ESXi
3 1 (0.19%) Active Directory
3 1 (0.19%) Platform Symphony
3 1 (0.19%) VMware Infrastructure
3 1 (0.19%) VMware NSX
3 1 (0.19%) XenApp
3 1 (0.19%) XenDesktop
Systems Management
1 42 (7.95%) Kubernetes
2 22 (4.17%) Cloudify
2 22 (4.17%) Docker Swarm
2 22 (4.17%) Grafana
2 22 (4.17%) Juju
2 22 (4.17%) Prometheus
3 11 (2.08%) Terraform
4 5 (0.95%) ITRS Geneos
5 3 (0.57%) Ansible
6 2 (0.38%) Control-M
7 1 (0.19%) BladeLogic
7 1 (0.19%) Puppet
7 1 (0.19%) Red Hat Satellite
Vendors
1 28 (5.30%) Oracle
2 27 (5.11%) Bloomberg
3 24 (4.55%) Red Hat
4 22 (4.17%) Cisco
4 22 (4.17%) Ericsson
4 22 (4.17%) Juniper
4 22 (4.17%) Mirantis
5 13 (2.46%) Atlassian
6 9 (1.70%) Murex
7 8 (1.52%) Charles River
7 8 (1.52%) Citrix
7 8 (1.52%) IBM
8 7 (1.33%) Microsoft
9 6 (1.14%) Google
9 6 (1.14%) TIBCO
10 5 (0.95%) SimCorp
11 4 (0.76%) ION Trading
11 4 (0.76%) Splunk
12 3 (0.57%) Reuters
13 2 (0.38%) Temenos