Period
to 23 January 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 23 January 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
23 Jan 2020
Same period 2019 Same period 2018
Rank 153 188 143
Rank change year-on-year +35 -45 +17
Contract jobs citing Derivative 516 672 904
As % of all contract IT jobs advertised in London 1.71% 1.51% 1.94%
As % of the Miscellaneous category 5.08% 4.24% 5.26%
Number of daily rates quoted 332 505 703
London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -
10th Percentile £489 £513 £463
90th Percentile £798 £775 £763
England median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -
Number of hourly rates quoted 1 3 1
London median hourly rate £73.00 £25.30 £80.00
Median hourly rate % change year-on-year +188.59% -68.38% -
England median hourly rate £73.00 £25.30 £45.00
% change year-on-year +188.59% -43.79% +125.00%

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 10,148 15,851 17,194
As % of all contract IT jobs advertised in London 33.67% 35.62% 36.87%
Number of daily rates quoted 7,049 11,203 12,341
London median daily rate £513 £525 £500
Median daily rate % change year-on-year -2.38% +5.00% +5.26%
10th Percentile £300 £313 £306
90th Percentile £710 £700 £688
England median daily rate £470 £475 £450
% change year-on-year -1.05% +5.56% +5.88%
Number of hourly rates quoted 152 267 247
London median hourly rate £23.60 £23.13 £22.50
Median hourly rate % change year-on-year +2.03% +2.80% +6.89%
10th Percentile £12.44 £13.00 £12.65
90th Percentile £52.50 £48.75 £47.83
England median hourly rate £23.56 £20.75 £20.91
% change year-on-year +13.55% -0.77% +4.55%

Derivative
Job Vacancy Trend in London

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

Job vacancy trend for Derivative in London

Derivative
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Derivative in London.

Contractor daily rate trend for Derivative in London

Derivative
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Derivative in London over the 6 months to 23 January 2020.

Contractor daily rate histogram for Derivative in London

Derivative
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Derivative in London.

Contractor 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 23 January 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 -5 53 £575 -11.54% 13
East London +36 1 £335 -45.71%
South London - 1 - - 1
Derivative
England

For the 6 months to 23 January 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.

1 348 (67.44%) Front Office
2 343 (66.47%) Finance
3 316 (61.24%) Java
4 295 (57.17%) Fixed Income
5 269 (52.13%) Agile Software Development
6 248 (48.06%) Python
7 244 (47.29%) Asset Management
8 222 (43.02%) Software Engineering
8 222 (43.02%) AWS
9 213 (41.28%) Banking
10 211 (40.89%) Web Services
11 203 (39.34%) Equities
12 174 (33.72%) SQL
13 170 (32.95%) Foreign Exchange (FX)
14 161 (31.20%) JavaScript
15 154 (29.84%) C#
16 133 (25.78%) React
17 128 (24.81%) Hedge funds
18 126 (24.42%) C++
19 119 (23.06%) Investment Management
20 115 (22.29%) Microservices
21 114 (22.09%) R
21 114 (22.09%) Analytics
22 113 (21.90%) Azure
23 110 (21.32%) J2EE
24 103 (19.96%) Equity Derivative
24 103 (19.96%) AngularJS
25 101 (19.57%) Node.js
26 96 (18.60%) GCP
26 96 (18.60%) .NET

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 12 (2.33%) Apache Spark
2 8 (1.55%) Confluence
3 6 (1.16%) Oracle Coherence
4 3 (0.58%) Jupyter
5 1 (0.19%) Cloud Foundry
5 1 (0.19%) Elasticsearch
5 1 (0.19%) JBoss
5 1 (0.19%) Jetty
5 1 (0.19%) Oracle Self-Service HR
5 1 (0.19%) Tomcat
5 1 (0.19%) WebLogic
Applications
1 17 (3.29%) Microsoft Excel
2 3 (0.58%) Microsoft PowerPoint
2 3 (0.58%) Microsoft Project
2 3 (0.58%) MS Visio
2 3 (0.58%) Spreadsheet
3 2 (0.39%) Microsoft Office
4 1 (0.19%) Adobe Illustrator
4 1 (0.19%) Photoshop
Business Applications
1 45 (8.72%) FINCAD Analytics
2 12 (2.33%) Markit EDM
2 12 (2.33%) thinkFolio
3 11 (2.13%) PolarLake
4 9 (1.74%) Eagle PACE
5 4 (0.78%) Loan IQ
6 3 (0.58%) BusinessWorks
7 2 (0.39%) Orchestrade
8 1 (0.19%) Bloomberg TOMS
8 1 (0.19%) Kondor
8 1 (0.19%) LatentZero
8 1 (0.19%) LongView
Cloud Services
1 222 (43.02%) AWS
2 113 (21.90%) Azure
3 96 (18.60%) GCP
4 71 (13.76%) Amazon S3
5 62 (12.02%) Amazon SQS
6 54 (10.47%) AWS Lambda
6 54 (10.47%) Serverless
7 44 (8.53%) AWS Step Functions
8 42 (8.14%) Amazon ECS
9 38 (7.36%) OpenShift
10 25 (4.84%) AWS CloudFormation
11 24 (4.65%) Amazon EC2
12 11 (2.13%) GitHub
13 9 (1.74%) PaaS
14 6 (1.16%) npm
15 5 (0.97%) Cloud Computing
15 5 (0.97%) Yarn
16 3 (0.58%) Office 365
17 2 (0.39%) Amazon EMR
17 2 (0.39%) IaaS
Communications & Networking
1 12 (2.33%) AMQP
2 8 (1.55%) TCP/IP
3 4 (0.78%) FIX Connectivity
3 4 (0.78%) Internet
4 3 (0.58%) HTTP
5 2 (0.39%) RTMP
6 1 (0.19%) SSH
Database & Business Intelligence
1 79 (15.31%) Amazon Athena
1 79 (15.31%) NoSQL
2 71 (13.76%) Amazon RDS
3 59 (11.43%) Amazon DynamoDB
4 53 (10.27%) Amazon Redshift
5 51 (9.88%) PostgreSQL
6 50 (9.69%) MongoDB
7 42 (8.14%) Amazon Aurora
8 29 (5.62%) SQL Server
9 27 (5.23%) Relational Database
10 22 (4.26%) Redis
11 20 (3.88%) Apache Cassandra
11 20 (3.88%) Couchbase
11 20 (3.88%) DB2
11 20 (3.88%) HBase
11 20 (3.88%) MariaDB
11 20 (3.88%) Neo4j
11 20 (3.88%) RDBMS
12 11 (2.13%) Hadoop
13 10 (1.94%) KDB
Development Applications
1 57 (11.05%) RStudio
2 44 (8.53%) Jenkins
3 37 (7.17%) Artifactory
4 27 (5.23%) JIRA
5 21 (4.07%) NUnit
6 19 (3.68%) Git (software)
7 17 (3.29%) TeamCity
8 16 (3.10%) Maven
9 15 (2.91%) SpecFlow
10 11 (2.13%) Subversion
11 7 (1.36%) Octopus Deploy
12 6 (1.16%) Cucumber
12 6 (1.16%) Visual Studio
12 6 (1.16%) webpack
13 4 (0.78%) GitLab
14 3 (0.58%) Gradle
14 3 (0.58%) JUnit
14 3 (0.58%) Selenium
15 2 (0.39%) Mockito
16 1 (0.19%) Axure RP
General
1 348 (67.44%) Front Office
2 343 (66.47%) Finance
3 213 (41.28%) Banking
4 85 (16.47%) Investment Banking
5 18 (3.49%) Back Office
6 9 (1.74%) Financial Institution
7 5 (0.97%) Corporate Banking
7 5 (0.97%) French Language
7 5 (0.97%) Retail
8 4 (0.78%) Prime Brokerage
9 2 (0.39%) Retail Banking
10 1 (0.19%) General Ledger
10 1 (0.19%) German Language
10 1 (0.19%) Law
10 1 (0.19%) Legal
10 1 (0.19%) Marketing
10 1 (0.19%) Public Sector
Job Titles
1 268 (51.94%) Developer
2 126 (24.42%) Java Developer
3 74 (14.34%) AWS Developer
4 73 (14.15%) Analyst
5 67 (12.98%) Senior Developer
6 50 (9.69%) Architect
6 50 (9.69%) Front Office Developer
7 47 (9.11%) Business Analyst
8 46 (8.91%) Software Engineer
9 45 (8.72%) AWS Engineer
10 37 (7.17%) Java Engineer
11 36 (6.98%) Python Developer
12 32 (6.20%) C# Developer
12 32 (6.20%) JavaScript Developer
12 32 (6.20%) Lead Developer
13 30 (5.81%) NoSQL Developer
13 30 (5.81%) Senior Java Developer
14 28 (5.43%) UI Developer
15 26 (5.04%) Quantitative Developer
16 25 (4.84%) Solutions Architect
Libraries, Frameworks & Software Standards
1 211 (40.89%) Web Services
2 133 (25.78%) React
3 110 (21.32%) J2EE
4 103 (19.96%) AngularJS
5 101 (19.57%) Node.js
6 96 (18.60%) .NET
7 40 (7.75%) Vue.js
8 32 (6.20%) Kafka
9 31 (6.01%) Spring
10 28 (5.43%) NumPy
11 26 (5.04%) REST
11 26 (5.04%) SciPy
12 24 (4.65%) J2SE
13 22 (4.26%) FIX Protocol
14 21 (4.07%) Pandas
15 20 (3.88%) Redux
16 19 (3.68%) Hibernate
16 19 (3.68%) HTML
16 19 (3.68%) WPF
17 18 (3.49%) Middleware
Miscellaneous
1 295 (57.17%) Fixed Income
2 203 (39.34%) Equities
3 170 (32.95%) Foreign Exchange (FX)
4 128 (24.81%) Hedge funds
5 103 (19.96%) Equity Derivative
6 76 (14.73%) Greenfield Project
7 64 (12.40%) Blog
8 54 (10.47%) OTC Derivatives
9 37 (7.17%) Reference Data
10 28 (5.43%) Public Cloud
11 27 (5.23%) Market Risk
12 26 (5.04%) Credit Derivative
13 20 (3.88%) Virtual Team
14 14 (2.71%) Analytical Skills
15 13 (2.52%) Algorithms
16 11 (2.13%) Credit Risk
17 10 (1.94%) Data Structures
17 10 (1.94%) Interest Rate Derivative
18 8 (1.55%) Exotic Derivative
19 4 (0.78%) User Experience
Operating Systems
1 35 (6.78%) Linux
2 18 (3.49%) Unix
3 11 (2.13%) Windows
4 5 (0.97%) Solaris
5 2 (0.39%) Red Hat Enterprise Linux
5 2 (0.39%) Windows 10
6 1 (0.19%) Android
6 1 (0.19%) Apple iOS
6 1 (0.19%) CentOS
6 1 (0.19%) Debian
6 1 (0.19%) Mac OS X
6 1 (0.19%) Ubuntu
6 1 (0.19%) Windows Server
Processes & Methodologies
1 269 (52.13%) Agile Software Development
2 244 (47.29%) Asset Management
3 222 (43.02%) Software Engineering
4 119 (23.06%) Investment Management
5 115 (22.29%) Microservices
6 114 (22.09%) Analytics
7 84 (16.28%) Decision-Making
7 84 (16.28%) Portfolio Management
8 66 (12.79%) Open Source
9 56 (10.85%) DevOps
9 56 (10.85%) Fund Management
10 55 (10.66%) Quantitative Analysis
11 53 (10.27%) Migration
12 49 (9.50%) Mentoring
13 48 (9.30%) TDD
14 41 (7.95%) Multithreading
15 39 (7.56%) Business Analysis
15 39 (7.56%) Risk Analytics
16 37 (7.17%) Front End Development
17 30 (5.81%) Performance Attribution
Programming Languages
1 316 (61.24%) Java
2 248 (48.06%) Python
3 174 (33.72%) SQL
4 161 (31.20%) JavaScript
5 154 (29.84%) C#
6 126 (24.42%) C++
7 114 (22.09%) R
8 39 (7.56%) Kotlin
9 27 (5.23%) Scala
10 14 (2.71%) F#
11 13 (2.52%) Java 8
11 13 (2.52%) Perl
11 13 (2.52%) VBA
12 11 (2.13%) TypeScript
13 10 (1.94%) C
14 8 (1.55%) PHP
14 8 (1.55%) T-SQL
15 6 (1.16%) MATLAB
15 6 (1.16%) Shell Script
16 4 (0.78%) Haskell
Qualifications
1 27 (5.23%) Degree
2 6 (1.16%) Numerate Degree
3 5 (0.97%) PhD
4 1 (0.19%) AWS Certification
4 1 (0.19%) DV Cleared
4 1 (0.19%) Master's Degree
4 1 (0.19%) MBA
4 1 (0.19%) PgMP
4 1 (0.19%) PMI Certification
4 1 (0.19%) PMP
4 1 (0.19%) Postgraduate
4 1 (0.19%) Security Cleared
Quality Assurance & Compliance
1 18 (3.49%) QA
2 11 (2.13%) MiFID
3 10 (1.94%) EMIR
4 2 (0.39%) Data Quality
4 2 (0.39%) Dodd-Frank
5 1 (0.19%) IFRS
5 1 (0.19%) IFRS 9
5 1 (0.19%) PMO
5 1 (0.19%) UCITS
System Software
1 83 (16.09%) Docker
Systems Management
1 54 (10.47%) Kubernetes
2 47 (9.11%) Terraform
3 9 (1.74%) Ansible
4 3 (0.58%) Puppet
5 2 (0.39%) HP Quality Center
5 2 (0.39%) ITRS Geneos
6 1 (0.19%) BladeLogic
6 1 (0.19%) Control-M
6 1 (0.19%) Opscode Chef
6 1 (0.19%) Salt
Vendors
1 68 (13.18%) Oracle
2 40 (7.75%) Bloomberg
3 32 (6.20%) Sybase
4 24 (4.65%) Google
5 21 (4.07%) Microsoft
6 20 (3.88%) Reuters
7 13 (2.52%) Charles River
8 5 (0.97%) Atlassian
8 5 (0.97%) Murex
8 5 (0.97%) Sun
9 4 (0.78%) TIBCO
10 3 (0.58%) ION Trading
10 3 (0.58%) Tableau
11 2 (0.39%) CA Agile Central
11 2 (0.39%) Fidessa
12 1 (0.19%) BMC
12 1 (0.19%) Calypso
12 1 (0.19%) Hortonworks
12 1 (0.19%) Misys
12 1 (0.19%) Red Hat