Period
to 25 January 2022

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 25 January 2022 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
25 Jan 2022
Same period 2021 Same period 2020
Rank 270 173 318
Rank change year-on-year -97 +145 +40
Contract jobs citing Derivative 699 535 523
As % of all contract jobs advertised in England 1.00% 1.56% 0.80%
As % of the Miscellaneous category 3.21% 4.89% 2.80%
Number of daily rates quoted 590 455 342
10th Percentile £531 £475 £475
25th Percentile £550 £538 £563
Median daily rate (50th Percentile) £650 £600 £650
Median % change year-on-year +8.33% -7.69% +4.00%
75th Percentile £750 £713 £717
90th Percentile £850 £800 £800
UK median daily rate £650 £600 £650
% change year-on-year +8.33% -7.69% +4.00%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £73.00
UK median hourly rate - - £73.00
% change year-on-year - - +188.59%

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 21,784 10,940 18,702
As % of all contract IT jobs advertised in England 31.19% 31.83% 28.72%
Number of daily rates quoted 15,581 7,458 12,413
10th Percentile £300 £258 £260
25th Percentile £419 £363 £363
Median daily rate (50th Percentile) £540 £475 £475
Median % change year-on-year +13.60% - -
75th Percentile £650 £600 £586
90th Percentile £750 £700 £675
UK median daily rate £525 £475 £470
% change year-on-year +10.53% +1.06% -1.05%
Number of hourly rates quoted 617 427 730
10th Percentile £12.48 £12.50 £12.00
25th Percentile £16.00 £17.25 £15.00
Median hourly rate £25.50 £26.51 £20.50
Median % change year-on-year -3.81% +29.32% +1.25%
75th Percentile £49.25 £46.38 £43.75
90th Percentile £65.20 £58.00 £52.50
UK median hourly rate £26.27 £26.27 £21.00
% change year-on-year - +25.10% +5.00%

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 25 January 2022.

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 25 January 2022. 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
Jobs
London -70 695 £650 +8.33% 108
South West - 2 £700 - 1
Midlands -65 1 £530 - 1
East Midlands - 1 £530 - 1
Derivative
UK

For the 6 months to 25 January 2022, 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.

1 470 (67.24%) Finance
2 374 (53.51%) Front Office
3 352 (50.36%) Agile Software Development
4 321 (45.92%) Python
5 302 (43.20%) Foreign Exchange (FX)
6 298 (42.63%) Java
7 245 (35.05%) SQL
8 244 (34.91%) Fixed Income
9 242 (34.62%) Banking
10 229 (32.76%) Software Engineering
11 226 (32.33%) Equities
12 216 (30.90%) AWS
13 214 (30.62%) Asset Management
14 202 (28.90%) JavaScript
15 196 (28.04%) React
16 172 (24.61%) Investment Banking
17 165 (23.61%) C#
18 156 (22.32%) Investment Management
19 152 (21.75%) Full Stack Development
20 141 (20.17%) Hedge funds
20 141 (20.17%) Social Skills
21 137 (19.60%) Analytics
22 108 (15.45%) CI/CD
23 98 (14.02%) C++
24 96 (13.73%) TypeScript
25 95 (13.59%) AngularJS
26 89 (12.73%) Electronic Trading
26 89 (12.73%) .NET
26 89 (12.73%) SQL Server
27 86 (12.30%) Linux

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 23 (3.29%) Apache
2 16 (2.29%) Confluence
3 15 (2.15%) Apache Airflow
4 10 (1.43%) Elasticsearch
5 7 (1.00%) WebSphere
6 4 (0.57%) Apache Spark
6 4 (0.57%) Jupyter
7 3 (0.43%) DataSynapse
8 1 (0.14%) IBM HTTP Server
8 1 (0.14%) Oracle Coherence
8 1 (0.14%) Oracle SOA Suite
Applications
1 64 (9.16%) Microsoft Excel
2 16 (2.29%) Microsoft PowerPoint
3 15 (2.15%) Microsoft Project
4 14 (2.00%) MS Visio
5 8 (1.14%) Microsoft Office
6 6 (0.86%) Spreadsheet
7 3 (0.43%) Sketch
8 1 (0.14%) AutoCAD
Business Applications
1 22 (3.15%) BusinessWorks
2 8 (1.14%) Markit EDM
3 7 (1.00%) thinkFolio
4 6 (0.86%) FINCAD Analytics
5 4 (0.57%) Endur
5 4 (0.57%) SunGard Martini
6 2 (0.29%) Oracle Cash Management
6 2 (0.29%) Orchestrade
6 2 (0.29%) SimCorp Dimension
6 2 (0.29%) SunGard GMI
7 1 (0.14%) Bloomberg TOMS
7 1 (0.14%) Eagle PACE
7 1 (0.14%) Kondor
7 1 (0.14%) SAP S/4HANA
7 1 (0.14%) Sparx Enterprise Architect
Cloud Services
1 216 (30.90%) AWS
2 83 (11.87%) Azure
3 72 (10.30%) GCP
4 37 (5.29%) AWS Lambda
4 37 (5.29%) Serverless
5 36 (5.15%) Amazon S3
6 34 (4.86%) Amazon EC2
7 26 (3.72%) npm
8 5 (0.72%) Amazon EKS
8 5 (0.72%) IaaS
8 5 (0.72%) Power Platform
9 4 (0.57%) Amazon ECS
9 4 (0.57%) GitHub
10 2 (0.29%) AWS CloudFormation
10 2 (0.29%) AWS CodePipeline
11 1 (0.14%) Amazon CloudWatch
11 1 (0.14%) AWS Elastic Beanstalk
11 1 (0.14%) Azure Monitor
11 1 (0.14%) Azure Service Bus
11 1 (0.14%) Virtual Private Cloud
Communications & Networking
1 33 (4.72%) TCP/IP
2 18 (2.58%) HTTP
3 16 (2.29%) FIX Connectivity
4 6 (0.86%) Multicast
5 4 (0.57%) LAN
6 3 (0.43%) Internet
6 3 (0.43%) SSL
7 2 (0.29%) Firewall
7 2 (0.29%) Kerberos
8 1 (0.14%) BGP
8 1 (0.14%) EIGRP
8 1 (0.14%) Ethernet
8 1 (0.14%) GLBP
8 1 (0.14%) HSRP
8 1 (0.14%) IPsec
8 1 (0.14%) MPLS
8 1 (0.14%) OSPF
8 1 (0.14%) RIP
8 1 (0.14%) VRRP
8 1 (0.14%) WAN
Database & Business Intelligence
1 89 (12.73%) SQL Server
2 37 (5.29%) Amazon DynamoDB
3 27 (3.86%) Relational Database
4 23 (3.29%) Apache Ignite
4 23 (3.29%) Oracle Database
5 20 (2.86%) NoSQL
6 17 (2.43%) RDBMS
7 14 (2.00%) Amazon Athena
8 9 (1.29%) Tableau
9 7 (1.00%) KDB
10 6 (0.86%) Hadoop
11 5 (0.72%) Data Mart
11 5 (0.72%) Data Warehouse
11 5 (0.72%) HBase
11 5 (0.72%) Power BI
11 5 (0.72%) Qlik Sense
12 3 (0.43%) Hazelcast
12 3 (0.43%) Redis
13 2 (0.29%) Apache Cassandra
13 2 (0.29%) MongoDB
Development Applications
1 73 (10.44%) Git (software)
2 51 (7.30%) JIRA
3 42 (6.01%) Maven
4 26 (3.72%) Grunt
5 23 (3.29%) TeamCity
6 14 (2.00%) Jenkins
6 14 (2.00%) webpack
7 10 (1.43%) Visual Studio
8 8 (1.14%) Subversion
9 3 (0.43%) Bitbucket
10 2 (0.29%) Cucumber
10 2 (0.29%) Selenium
10 2 (0.29%) Visual Studio Team System
11 1 (0.14%) CruiseControl
11 1 (0.14%) FitNesse
11 1 (0.14%) JMeter
11 1 (0.14%) Mocha
11 1 (0.14%) Moq
11 1 (0.14%) Team Foundation Server
11 1 (0.14%) WebDriver
General
1 470 (67.24%) Finance
2 374 (53.51%) Front Office
3 242 (34.62%) Banking
4 172 (24.61%) Investment Banking
5 141 (20.17%) Social Skills
6 76 (10.87%) Analytical Skills
7 18 (2.58%) Legal
8 16 (2.29%) Presentation Skills
9 15 (2.15%) Back Office
10 12 (1.72%) Public Speaking
11 9 (1.29%) Financial Institution
12 6 (0.86%) International Banking
12 6 (0.86%) Prime Brokerage
13 5 (0.72%) Retail
14 4 (0.57%) Inclusion and Diversity
14 4 (0.57%) Influencing Skills
14 4 (0.57%) Retail Banking
15 3 (0.43%) French Language
16 2 (0.29%) Documentation Skills
16 2 (0.29%) Synthetic Prime Brokerage
Job Titles
1 436 (62.37%) Developer
2 152 (21.75%) Java Developer
3 148 (21.17%) Software Engineer
4 147 (21.03%) Developer/Software Engineer
5 145 (20.74%) Python Developer
6 140 (20.03%) Analyst
7 118 (16.88%) Senior Developer
8 108 (15.45%) Python Engineer
9 98 (14.02%) Python Software Engineer
10 97 (13.88%) Business Analyst
10 97 (13.88%) Senior Java Developer
11 80 (11.44%) React Developer
12 60 (8.58%) Front Office Developer
13 52 (7.44%) JavaScript Developer
14 51 (7.30%) Lead Developer
15 49 (7.01%) C# Developer
16 41 (5.87%) Investment Banking Business Analyst
16 41 (5.87%) UI Developer
17 39 (5.58%) Banking Analyst
18 38 (5.44%) AWS Developer
Libraries, Frameworks & Software Standards
1 196 (28.04%) React
2 95 (13.59%) AngularJS
3 89 (12.73%) .NET
4 80 (11.44%) Node.js
5 57 (8.15%) Vue.js
6 43 (6.15%) Pandas
7 41 (5.87%) FIX Protocol
8 39 (5.58%) NumPy
8 39 (5.58%) RESTful
8 39 (5.58%) SciPy
9 38 (5.44%) .NET Core
10 36 (5.15%) XML
11 32 (4.58%) Middleware
12 30 (4.29%) ASP.NET
12 30 (4.29%) ASP.NET Core
12 30 (4.29%) ASP.NET Web API
13 29 (4.15%) Rendezvous
14 20 (2.86%) CSS
14 20 (2.86%) FpML
15 18 (2.58%) HTML
Miscellaneous
1 302 (43.20%) Foreign Exchange (FX)
2 244 (34.91%) Fixed Income
3 226 (32.33%) Equities
4 141 (20.17%) Hedge funds
5 65 (9.30%) Credit Derivative
6 53 (7.58%) Data Structures
7 52 (7.44%) Algorithms
8 47 (6.72%) Equity Derivative
9 46 (6.58%) Greenfield Project
9 46 (6.58%) User Experience
10 45 (6.44%) OTC Derivatives
11 36 (5.15%) Market Risk
12 24 (3.43%) Credit Risk
13 9 (1.29%) Public Cloud
14 7 (1.00%) Interest Rate Derivative
14 7 (1.00%) Legacy Code
15 6 (0.86%) Client/Server
15 6 (0.86%) Cloud Native
15 6 (0.86%) Exotic Derivative
15 6 (0.86%) Management Information System
Operating Systems
1 86 (12.30%) Linux
2 59 (8.44%) Windows
3 56 (8.01%) Unix
Processes & Methodologies
1 352 (50.36%) Agile Software Development
2 229 (32.76%) Software Engineering
3 214 (30.62%) Asset Management
4 156 (22.32%) Investment Management
5 152 (21.75%) Full Stack Development
6 137 (19.60%) Analytics
7 108 (15.45%) CI/CD
8 89 (12.73%) Electronic Trading
9 80 (11.44%) Multithreading
10 78 (11.16%) OO
11 72 (10.30%) Microservices
12 64 (9.16%) Business Analysis
13 63 (9.01%) Front End Development
14 62 (8.87%) DevOps
15 57 (8.15%) Fintech
15 57 (8.15%) TDD
16 54 (7.73%) Algorithmic Trading
17 50 (7.15%) Risk Management
18 48 (6.87%) OOD
18 48 (6.87%) Problem-Solving
Programming Languages
1 321 (45.92%) Python
2 298 (42.63%) Java
3 245 (35.05%) SQL
4 202 (28.90%) JavaScript
5 165 (23.61%) C#
6 98 (14.02%) C++
7 96 (13.73%) TypeScript
8 54 (7.73%) Kotlin
9 40 (5.72%) Java 8
10 30 (4.29%) Scala
11 27 (3.86%) VBA
12 26 (3.72%) Perl
13 14 (2.00%) ES6
14 11 (1.57%) PL/SQL
15 5 (0.72%) Haskell
15 5 (0.72%) Shell Script
15 5 (0.72%) VB.NET
16 3 (0.43%) ActionScript
16 3 (0.43%) PHP
16 3 (0.43%) Ruby
Qualifications
1 21 (3.00%) Degree
2 6 (0.86%) Computer Science Degree
3 4 (0.57%) Numerate Degree
3 4 (0.57%) PhD
4 2 (0.29%) CFA
5 1 (0.14%) DV Cleared
5 1 (0.14%) Master's Degree
5 1 (0.14%) MBA
5 1 (0.14%) PMI Certification
5 1 (0.14%) PMP
5 1 (0.14%) SC Cleared
5 1 (0.14%) Security Cleared
Quality Assurance & Compliance
1 25 (3.58%) Dodd-Frank
2 23 (3.29%) MiFID
3 18 (2.58%) QA
4 17 (2.43%) EMIR
5 16 (2.29%) Data Quality
6 12 (1.72%) GAAP
6 12 (1.72%) IFRS
7 6 (0.86%) FRS 29
7 6 (0.86%) IFRS 9
8 5 (0.72%) PMO
9 3 (0.43%) UCITS
10 2 (0.29%) Basel III
10 2 (0.29%) COREP
10 2 (0.29%) CRD IV
10 2 (0.29%) SLA
11 1 (0.14%) Basel II
System Software
1 43 (6.15%) Docker
2 5 (0.72%) NFS
3 4 (0.57%) Active Directory
3 4 (0.57%) Samba
4 2 (0.29%) Apache ZooKeeper
5 1 (0.14%) LXC
5 1 (0.14%) pfSense
5 1 (0.14%) Virtual Machines
5 1 (0.14%) VMware ESXi
5 1 (0.14%) VMware Infrastructure
Systems Management
1 42 (6.01%) Kubernetes
2 36 (5.15%) Terraform
3 22 (3.15%) BladeLogic
4 21 (3.00%) ITRS Geneos
5 9 (1.29%) Ansible
6 4 (0.57%) Control-M
7 3 (0.43%) SCCM
8 1 (0.14%) CloudForms
8 1 (0.14%) HAProxy
8 1 (0.14%) Nagios
8 1 (0.14%) Opscode Chef
8 1 (0.14%) Puppet
8 1 (0.14%) SCOM
8 1 (0.14%) ZABBIX
Vendors
1 82 (11.73%) Oracle
2 33 (4.72%) Microsoft
3 29 (4.15%) TIBCO
4 23 (3.29%) Bloomberg
5 22 (3.15%) BMC
6 20 (2.86%) Murex
7 18 (2.58%) IBM
8 11 (1.57%) MarketAxess
8 11 (1.57%) Splunk
8 11 (1.57%) Sybase
8 11 (1.57%) Tradeweb
9 10 (1.43%) ION Trading
10 9 (1.29%) Atlassian
11 8 (1.14%) Fidessa
12 6 (0.86%) SunGard
13 5 (0.72%) Citrix
14 4 (0.57%) Sun
14 4 (0.57%) VMware
15 3 (0.43%) Charles River
15 3 (0.43%) Google