Period
to 8 April 2020

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 8 April 2020 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
England > London
6 months to
8 Apr 2020
Same period 2019 Same period 2018
Rank 143 223 172
Rank change year-on-year +80 -51 -37
Contract jobs citing Derivative 442 532 750
As % of all contract jobs advertised in London 1.77% 1.25% 1.61%
As % of the Miscellaneous category 5.05% 3.55% 4.46%
Number of daily rates quoted 351 403 575
Median daily rate £650 £650 £625
Median daily rate % change year-on-year - +4.00% +4.17%
10th Percentile £488 £508 £448
90th Percentile £800 £750 £775
England median daily rate £650 £650 £615
% change year-on-year - +5.78% +2.42%
Number of hourly rates quoted 1 2 1
Median hourly rate £35.00 £25.30 £80.00
Median hourly rate % change year-on-year +38.37% -68.38% -
England median hourly rate £35.00 £25.30 £80.00
% change year-on-year +38.37% -68.38% -

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 8,749 14,971 16,807
As % of all contract IT jobs advertised in London 35.12% 35.04% 36.06%
Number of daily rates quoted 6,075 10,511 11,986
Median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £303 £315 £308
90th Percentile £713 £700 £700
England median daily rate £475 £475 £463
% change year-on-year - +2.70% +5.11%
Number of hourly rates quoted 171 239 293
Median hourly rate £32.50 £25.00 £22.42
Median hourly rate % change year-on-year +30.00% +11.51% -5.28%
10th Percentile £12.76 £13.50 £12.49
90th Percentile £52.50 £52.10 £48.70
Median hourly rate £25.50 £21.34 £21.70
% change year-on-year +19.49% -1.66% +8.79%

Derivative
Job Vacancy Trend in London

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

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

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

Daily rate trend for Derivative in London

Derivative
Daily Rate Histogram in London

Daily rate distribution for jobs citing Derivative in London over the 6 months to 8 April 2020.

Daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Derivative in London

Derivative
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the London region over the 6 months to 8 April 2020. 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
Central London +37 45 £595 -8.46% 11
Derivative
England

For the 6 months to 8 April 2020, 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 London region with a requirement for Derivative.

1 315 (71.27%) Front Office
2 312 (70.59%) Finance
3 269 (60.86%) Fixed Income
4 254 (57.47%) Java
5 241 (54.52%) Python
6 232 (52.49%) Asset Management
7 225 (50.90%) Agile Software Development
8 207 (46.83%) AWS
9 202 (45.70%) Software Engineering
10 200 (45.25%) Web Services
11 196 (44.34%) Equities
12 195 (44.12%) Banking
13 170 (38.46%) Foreign Exchange (FX)
14 149 (33.71%) Hedge funds
15 145 (32.81%) SQL
16 133 (30.09%) JavaScript
17 123 (27.83%) Azure
18 119 (26.92%) Decision-Making
19 115 (26.02%) C#
20 112 (25.34%) Investment Management
21 111 (25.11%) GCP
21 111 (25.11%) React
22 107 (24.21%) J2EE
22 107 (24.21%) Investment Banking
23 106 (23.98%) DevOps
24 105 (23.76%) AngularJS
25 97 (21.95%) R
26 87 (19.68%) C++
27 83 (18.78%) Docker
28 81 (18.33%) Analytics

Derivative
Co-occurring IT Skills in London 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 5 (1.13%) Apache Spark
2 3 (0.68%) Oracle Coherence
3 2 (0.45%) Confluence
4 1 (0.23%) Cloud Foundry
4 1 (0.23%) IBM HTTP Server
4 1 (0.23%) Jupyter
4 1 (0.23%) Tomcat
Applications
1 19 (4.30%) Microsoft Excel
2 5 (1.13%) Microsoft Office
3 1 (0.23%) Adobe Illustrator
3 1 (0.23%) Microsoft PowerPoint
3 1 (0.23%) MS Visio
3 1 (0.23%) Photoshop
Business Applications
1 37 (8.37%) FINCAD Analytics
2 11 (2.49%) Markit EDM
2 11 (2.49%) PolarLake
3 8 (1.81%) Eagle PACE
4 5 (1.13%) thinkFolio
5 4 (0.90%) Loan IQ
5 4 (0.90%) Orchestrade
6 3 (0.68%) BusinessWorks
7 2 (0.45%) Front Arena
8 1 (0.23%) Misys Opics
Cloud Services
1 207 (46.83%) AWS
2 123 (27.83%) Azure
3 111 (25.11%) GCP
4 71 (16.06%) Amazon SQS
5 67 (15.16%) Amazon S3
6 63 (14.25%) Amazon ECS
7 61 (13.80%) OpenShift
8 56 (12.67%) AWS Lambda
8 56 (12.67%) Serverless
9 47 (10.63%) Amazon EC2
9 47 (10.63%) AWS CloudFormation
10 37 (8.37%) AWS Step Functions
11 8 (1.81%) PaaS
12 5 (1.13%) Cloud Computing
12 5 (1.13%) npm
13 4 (0.90%) IaaS
13 4 (0.90%) SaaS
14 3 (0.68%) GitHub
15 1 (0.23%) Amazon EMR
15 1 (0.23%) Yarn
Communications & Networking
1 5 (1.13%) AMQP
2 3 (0.68%) HTTP
2 3 (0.68%) TCP/IP
3 2 (0.45%) RTMP
4 1 (0.23%) Multicast
Database & Business Intelligence
1 67 (15.16%) Amazon RDS
1 67 (15.16%) Amazon Redshift
2 63 (14.25%) NoSQL
3 55 (12.44%) Amazon Athena
4 45 (10.18%) Amazon DynamoDB
5 40 (9.05%) PostgreSQL
6 39 (8.82%) MongoDB
7 35 (7.92%) Relational Database
8 34 (7.69%) Redis
9 32 (7.24%) Amazon Aurora
9 32 (7.24%) RDBMS
10 31 (7.01%) SQL Server
11 27 (6.11%) Apache Cassandra
11 27 (6.11%) Couchbase
11 27 (6.11%) DB2
11 27 (6.11%) HBase
11 27 (6.11%) MariaDB
11 27 (6.11%) Neo4j
12 8 (1.81%) Data Warehouse
13 5 (1.13%) MS Access
Development Applications
1 67 (15.16%) RStudio
2 61 (13.80%) Artifactory
3 60 (13.57%) Jenkins
4 31 (7.01%) JIRA
5 18 (4.07%) TeamCity
6 17 (3.85%) Git (software)
6 17 (3.85%) Octopus Deploy
7 16 (3.62%) Subversion
8 8 (1.81%) SpecFlow
9 7 (1.58%) Maven
9 7 (1.58%) NUnit
9 7 (1.58%) Visual Studio
10 5 (1.13%) webpack
11 4 (0.90%) Cucumber
11 4 (0.90%) Grunt
11 4 (0.90%) gulp
12 3 (0.68%) GitLab
12 3 (0.68%) JUnit
13 2 (0.45%) CMake
13 2 (0.45%) Mockito
General
1 315 (71.27%) Front Office
2 312 (70.59%) Finance
3 195 (44.12%) Banking
4 107 (24.21%) Investment Banking
5 20 (4.52%) Back Office
6 13 (2.94%) Financial Institution
7 6 (1.36%) Legal
8 5 (1.13%) Prime Brokerage
9 4 (0.90%) Corporate Banking
9 4 (0.90%) French Language
9 4 (0.90%) Retail
10 1 (0.23%) Law
10 1 (0.23%) Marketing
Job Titles
1 242 (54.75%) Developer
2 104 (23.53%) AWS Developer
3 95 (21.49%) Java Developer
4 61 (13.80%) AWS Engineer
5 60 (13.57%) Analyst
6 59 (13.35%) Python Developer
7 53 (11.99%) Front Office Developer
8 51 (11.54%) Senior Developer
9 40 (9.05%) Java Engineer
10 34 (7.69%) JavaScript Developer
11 33 (7.47%) C# Developer
12 32 (7.24%) Lead Developer
13 30 (6.79%) Business Analyst
14 29 (6.56%) Python Engineer
15 27 (6.11%) Architect
15 27 (6.11%) Java Software Developer
16 26 (5.88%) Lead Java Developer
16 26 (5.88%) Lead Software Developer
16 26 (5.88%) Software Engineer
17 25 (5.66%) AWS DevOps
Libraries, Frameworks & Software Standards
1 200 (45.25%) Web Services
2 111 (25.11%) React
3 107 (24.21%) J2EE
4 105 (23.76%) AngularJS
5 80 (18.10%) .NET
6 76 (17.19%) Node.js
7 58 (13.12%) Vue.js
8 47 (10.63%) J2SE
9 26 (5.88%) WPF
10 18 (4.07%) HTML
10 18 (4.07%) NumPy
11 16 (3.62%) Redux
12 15 (3.39%) FIX Protocol
13 14 (3.17%) Middleware
14 13 (2.94%) .NET Core
14 13 (2.94%) Pandas
14 13 (2.94%) WCF
15 12 (2.71%) FpML
15 12 (2.71%) HTML5
15 12 (2.71%) Spring
Miscellaneous
1 269 (60.86%) Fixed Income
2 196 (44.34%) Equities
3 170 (38.46%) Foreign Exchange (FX)
4 149 (33.71%) Hedge funds
5 72 (16.29%) Equity Derivative
6 53 (11.99%) Blog
7 45 (10.18%) Greenfield Project
8 33 (7.47%) Market Risk
9 32 (7.24%) OTC Derivatives
10 24 (5.43%) Credit Derivative
11 23 (5.20%) Reference Data
12 21 (4.75%) Public Cloud
13 14 (3.17%) Analytical Skills
14 12 (2.71%) Credit Risk
15 10 (2.26%) Interest Rate Derivative
16 7 (1.58%) Virtual Team
17 5 (1.13%) Algorithms
18 4 (0.90%) Data Structures
18 4 (0.90%) Swaptions
19 3 (0.68%) Replication
Operating Systems
1 21 (4.75%) Linux
2 10 (2.26%) Unix
3 9 (2.04%) Windows
4 3 (0.68%) Solaris
Processes & Methodologies
1 232 (52.49%) Asset Management
2 225 (50.90%) Agile Software Development
3 202 (45.70%) Software Engineering
4 119 (26.92%) Decision-Making
5 112 (25.34%) Investment Management
6 106 (23.98%) DevOps
7 81 (18.33%) Analytics
7 81 (18.33%) Portfolio Management
8 80 (18.10%) Microservices
9 66 (14.93%) Business Analysis
10 52 (11.76%) Migration
11 51 (11.54%) Deployment Automation
11 51 (11.54%) Open Source
12 42 (9.50%) Multithreading
12 42 (9.50%) TDD
13 37 (8.37%) Risk Analytics
14 36 (8.14%) Fund Management
15 30 (6.79%) Performance Attribution
16 28 (6.33%) Front End Development
16 28 (6.33%) Mentoring
Programming Languages
1 254 (57.47%) Java
2 241 (54.52%) Python
3 145 (32.81%) SQL
4 133 (30.09%) JavaScript
5 115 (26.02%) C#
6 97 (21.95%) R
7 87 (19.68%) C++
8 42 (9.50%) Kotlin
9 22 (4.98%) Scala
10 17 (3.85%) VBA
11 11 (2.49%) TypeScript
12 8 (1.81%) PHP
13 7 (1.58%) F#
13 7 (1.58%) MATLAB
14 5 (1.13%) Java 8
15 4 (0.90%) ES6
15 4 (0.90%) VB
16 3 (0.68%) C
16 3 (0.68%) Perl
16 3 (0.68%) XAML
Qualifications
1 19 (4.30%) Degree
2 3 (0.68%) Computer Science Degree
2 3 (0.68%) PhD
3 2 (0.45%) Master's Degree
3 2 (0.45%) Numerate Degree
4 1 (0.23%) ACCA
4 1 (0.23%) AWS Certification
4 1 (0.23%) CIMA
4 1 (0.23%) ISEB
4 1 (0.23%) PgMP
4 1 (0.23%) Postgraduate
Quality Assurance & Compliance
1 11 (2.49%) QA
2 4 (0.90%) EMIR
3 3 (0.68%) Dodd-Frank
3 3 (0.68%) PMO
3 3 (0.68%) UCITS
4 2 (0.45%) IFRS
4 2 (0.45%) MiFID
5 1 (0.23%) Basel III
5 1 (0.23%) COREP
5 1 (0.23%) CRD IV
5 1 (0.23%) Data Quality
5 1 (0.23%) GAAP
5 1 (0.23%) IFRS 9
5 1 (0.23%) Sarbanes-Oxley
System Software
1 83 (18.78%) Docker
Systems Management
1 64 (14.48%) Kubernetes
2 63 (14.25%) Terraform
3 4 (0.90%) Ansible
3 4 (0.90%) Opscode Chef
4 2 (0.45%) HP Quality Center
4 2 (0.45%) ITRS Geneos
5 1 (0.23%) BladeLogic
5 1 (0.23%) Control-M
Vendors
1 59 (13.35%) Oracle
2 55 (12.44%) Google
3 39 (8.82%) Bloomberg
4 31 (7.01%) Sybase
5 19 (4.30%) Microsoft
6 8 (1.81%) Reuters
7 5 (1.13%) Atlassian
7 5 (1.13%) Charles River
7 5 (1.13%) Fidessa
7 5 (1.13%) ION Trading
8 3 (0.68%) CA Agile Central
8 3 (0.68%) Sophis
8 3 (0.68%) TIBCO
9 2 (0.45%) Murex
9 2 (0.45%) Tableau
10 1 (0.23%) BMC
10 1 (0.23%) Informatica
10 1 (0.23%) Progress
10 1 (0.23%) Red Hat
10 1 (0.23%) SAP