Period
to 24 September 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 24 September 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
24 Sep 2020
Same period 2019 Same period 2018
Rank 56 187 179
Rank change year-on-year +131 -8 -67
Contract jobs citing Derivative 604 562 746
As % of all contract jobs advertised in London 4.51% 1.45% 1.64%
As % of the Miscellaneous category 11.45% 4.28% 4.53%
Number of daily rates quoted 561 351 534
Median daily rate £625 £650 £620
Median daily rate % change year-on-year -3.85% +4.84% +3.33%
10th Percentile £500 £500 £513
90th Percentile £813 £750 £775
England median daily rate £625 £650 £620
% change year-on-year -3.85% +4.84% +3.33%
Number of hourly rates quoted 1 1 1
Median hourly rate £35.00 £73.00 £16.50
Median hourly rate % change year-on-year -52.05% +342.42% -68.57%
England median hourly rate £35.00 £73.00 £16.50
% change year-on-year -52.05% +342.42% -66.15%

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 5,274 13,139 16,470
As % of all contract IT jobs advertised in London 39.37% 33.90% 36.18%
Number of daily rates quoted 3,622 9,119 11,736
Median daily rate £525 £525 £515
Median daily rate % change year-on-year - +1.94% +3.00%
10th Percentile £313 £313 £313
90th Percentile £750 £700 £699
England median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 104 199 249
Median hourly rate £35.00 £22.93 £23.88
Median hourly rate % change year-on-year +52.64% -3.98% +9.04%
10th Percentile £17.00 £12.76 £13.31
90th Percentile £50.12 £53.00 £54.79
Median hourly rate £35.00 £22.36 £20.50
% change year-on-year +56.56% +9.05% +2.50%

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 24 September 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 24 September 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 +137 46 £663 +6.00% 15
East London +53 2 - -
South London - 2 £540 -
Derivative
England

For the 6 months to 24 September 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.

1 479 (79.30%) Front Office
2 476 (78.81%) Finance
3 451 (74.67%) Fixed Income
4 404 (66.89%) Agile Software Development
5 394 (65.23%) Asset Management
6 385 (63.74%) Python
7 380 (62.91%) Java
8 376 (62.25%) Equities
9 369 (61.09%) AWS
10 368 (60.93%) Web Services
11 335 (55.46%) Software Engineering
12 328 (54.30%) Hedge funds
13 307 (50.83%) Foreign Exchange (FX)
14 295 (48.84%) Investment Management
15 289 (47.85%) JavaScript
16 277 (45.86%) AngularJS
17 254 (42.05%) React
18 221 (36.59%) Vue.js
19 216 (35.76%) Banking
20 191 (31.62%) Azure
21 188 (31.13%) Investment Banking
22 173 (28.64%) GCP
23 167 (27.65%) SQL
24 148 (24.50%) DevOps
25 136 (22.52%) Decision-Making
26 126 (20.86%) Google
27 116 (19.21%) C#
28 111 (18.38%) Portfolio Management
29 108 (17.88%) .NET
30 106 (17.55%) Serverless

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 8 (1.32%) Jupyter
2 6 (0.99%) Apache
2 6 (0.99%) Confluence
2 6 (0.99%) JBoss
2 6 (0.99%) Tomcat
3 5 (0.83%) Elasticsearch
3 5 (0.83%) Jetty
3 5 (0.83%) MQSeries
3 5 (0.83%) Oracle Self-Service HR
3 5 (0.83%) Red Hat Fuse
3 5 (0.83%) WebLogic
4 2 (0.33%) DataSynapse
5 1 (0.17%) Apache Spark
5 1 (0.17%) CMS
5 1 (0.17%) OpenStack
Applications
1 24 (3.97%) Microsoft Excel
2 6 (0.99%) Chatbot
3 3 (0.50%) Microsoft Office
4 2 (0.33%) Spreadsheet
Business Applications
1 28 (4.64%) Markit EDM
2 26 (4.30%) Eagle PACE
3 8 (1.32%) Front Arena
4 5 (0.83%) Sparx Enterprise Architect
5 3 (0.50%) Aligne
5 3 (0.50%) Misys Midas
5 3 (0.50%) Orchestrade
6 2 (0.33%) ION MarketView
7 1 (0.17%) Bloomberg TOMS
7 1 (0.17%) FINCAD Analytics
7 1 (0.17%) thinkFolio
Cloud Services
1 369 (61.09%) AWS
2 191 (31.62%) Azure
3 173 (28.64%) GCP
4 106 (17.55%) Serverless
5 104 (17.22%) AWS Lambda
6 102 (16.89%) Amazon S3
7 99 (16.39%) Amazon EC2
8 61 (10.10%) OpenShift
9 59 (9.77%) Amazon SQS
10 54 (8.94%) Amazon ECS
11 52 (8.61%) AWS CloudFormation
12 3 (0.50%) AWS Step Functions
13 2 (0.33%) Cloud Computing
13 2 (0.33%) Power Platform
14 1 (0.17%) GitHub
14 1 (0.17%) npm
14 1 (0.17%) Yarn
Communications & Networking
1 5 (0.83%) SSH
2 3 (0.50%) FIX Connectivity
3 1 (0.17%) 3GPP
3 1 (0.17%) DSL
3 1 (0.17%) Multicast
3 1 (0.17%) SGSN
3 1 (0.17%) Software-Defined Networking
3 1 (0.17%) TCP/IP
Database & Business Intelligence
1 55 (9.11%) Amazon Redshift
2 53 (8.77%) Amazon RDS
3 50 (8.28%) SQL Server
4 47 (7.78%) Amazon DynamoDB
5 35 (5.79%) NoSQL
6 21 (3.48%) MongoDB
7 18 (2.98%) Redis
8 11 (1.82%) Hadoop
9 7 (1.16%) KDB
10 6 (0.99%) MySQL
11 5 (0.83%) Apache Ignite
11 5 (0.83%) Oracle Database
11 5 (0.83%) PostgreSQL
12 4 (0.66%) Relational Database
13 3 (0.50%) Big Data
13 3 (0.50%) Data Mining
14 2 (0.33%) Apache Cassandra
14 2 (0.33%) Data Lake
14 2 (0.33%) MS Access
14 2 (0.33%) SQL Server Reporting Services
Development Applications
1 89 (14.74%) RStudio
2 61 (10.10%) Artifactory
3 51 (8.44%) Jenkins
4 30 (4.97%) Git (software)
5 22 (3.64%) Maven
6 16 (2.65%) JIRA
7 15 (2.48%) Subversion
8 13 (2.15%) Octopus Deploy
9 10 (1.66%) Robot Framework
10 8 (1.32%) Cucumber
10 8 (1.32%) Eclipse
10 8 (1.32%) Gradle
10 8 (1.32%) IntelliJ
11 7 (1.16%) TeamCity
12 6 (0.99%) Atlassian Bamboo
13 5 (0.83%) FishEye
13 5 (0.83%) Hudson
13 5 (0.83%) Mercurial
13 5 (0.83%) Poseidon for UML
13 5 (0.83%) Selenium
General
1 479 (79.30%) Front Office
2 476 (78.81%) Finance
3 216 (35.76%) Banking
4 188 (31.13%) Investment Banking
5 30 (4.97%) Back Office
6 3 (0.50%) Corporate Banking
6 3 (0.50%) Financial Institution
6 3 (0.50%) Legal
7 2 (0.33%) Advertising
7 2 (0.33%) French Language
8 1 (0.17%) Dutch Language
8 1 (0.17%) International Banking
8 1 (0.17%) Private Banking
8 1 (0.17%) Public Sector
8 1 (0.17%) Telecoms
Job Titles
1 387 (64.07%) Developer
2 171 (28.31%) AWS Engineer
3 154 (25.50%) AWS Developer
4 147 (24.34%) Software Engineer
5 132 (21.85%) Python Developer
6 131 (21.69%) Developer/Software Engineer
7 111 (18.38%) Java Developer
8 101 (16.72%) JavaScript Developer
9 87 (14.40%) Python Engineer
10 81 (13.41%) Analyst
11 74 (12.25%) AWS Software Engineer
12 71 (11.75%) Front Office Developer
13 64 (10.60%) JavaScript Engineer
14 59 (9.77%) Python Software Engineer
15 50 (8.28%) Lead Developer
16 46 (7.62%) Java Engineer
17 45 (7.45%) Finance Manager
18 39 (6.46%) .NET Software Engineer
19 38 (6.29%) Lead Software Developer
20 36 (5.96%) Business Analyst
Libraries, Frameworks & Software Standards
1 368 (60.93%) Web Services
2 277 (45.86%) AngularJS
3 254 (42.05%) React
4 221 (36.59%) Vue.js
5 108 (17.88%) .NET
6 88 (14.57%) Node.js
7 69 (11.42%) .NET Core
8 63 (10.43%) J2EE
9 58 (9.60%) ASP.NET
10 49 (8.11%) ASP.NET Core
11 45 (7.45%) J2SE
12 33 (5.46%) Pandas
13 19 (3.15%) HTML
14 17 (2.81%) Shiny
15 16 (2.65%) WPF
16 14 (2.32%) .NET Framework
17 12 (1.99%) HTML5
17 12 (1.99%) Spring
17 12 (1.99%) XML
18 9 (1.49%) FIX Protocol
Miscellaneous
1 451 (74.67%) Fixed Income
2 376 (62.25%) Equities
3 328 (54.30%) Hedge funds
4 307 (50.83%) Foreign Exchange (FX)
5 60 (9.93%) Greenfield Project
6 48 (7.95%) Credit Derivative
7 34 (5.63%) Equity Derivative
8 33 (5.46%) Blog
9 26 (4.30%) Reference Data
10 24 (3.97%) OTC Derivatives
11 20 (3.31%) Analytical Skills
12 14 (2.32%) Market Risk
13 13 (2.15%) User Experience
14 9 (1.49%) Public Cloud
15 7 (1.16%) Interest Rate Derivative
16 6 (0.99%) Credit Risk
16 6 (0.99%) Robotics
17 5 (0.83%) Algorithms
17 5 (0.83%) Energy Derivatives
17 5 (0.83%) Swaptions
Operating Systems
1 31 (5.13%) Linux
2 13 (2.15%) CentOS
3 9 (1.49%) Unix
4 8 (1.32%) Windows
5 5 (0.83%) Android
5 5 (0.83%) Apple iOS
5 5 (0.83%) Debian
5 5 (0.83%) Mac OS X
5 5 (0.83%) Red Hat Enterprise Linux
5 5 (0.83%) Ubuntu
6 2 (0.33%) Solaris
Processes & Methodologies
1 404 (66.89%) Agile Software Development
2 394 (65.23%) Asset Management
3 335 (55.46%) Software Engineering
4 295 (48.84%) Investment Management
5 148 (24.50%) DevOps
6 136 (22.52%) Decision-Making
7 111 (18.38%) Portfolio Management
8 105 (17.38%) Business Analysis
9 94 (15.56%) Migration
10 84 (13.91%) Microservices
11 78 (12.91%) Analytics
12 74 (12.25%) Fintech
13 62 (10.26%) Scrum
14 57 (9.44%) Deployment Automation
15 45 (7.45%) Electronic Trading
16 43 (7.12%) Front End Development
17 37 (6.13%) Open Source
18 35 (5.79%) TDD
19 30 (4.97%) Infrastructure Automation
20 27 (4.47%) Multithreading
Programming Languages
1 385 (63.74%) Python
2 380 (62.91%) Java
3 289 (47.85%) JavaScript
4 167 (27.65%) SQL
5 116 (19.21%) C#
6 97 (16.06%) R
7 54 (8.94%) Kotlin
8 46 (7.62%) C++
9 29 (4.80%) TypeScript
9 29 (4.80%) VBA
10 23 (3.81%) C
11 19 (3.15%) Scala
12 13 (2.15%) Bash Shell
13 12 (1.99%) MATLAB
14 10 (1.66%) Clojure
15 9 (1.49%) T-SQL
16 8 (1.32%) ES6
17 6 (0.99%) Java 8
17 6 (0.99%) Perl
18 5 (0.83%) ClojureScript
Qualifications
1 17 (2.81%) Degree
2 5 (0.83%) Computer Science Degree
2 5 (0.83%) SC Cleared
2 5 (0.83%) Security Cleared
3 3 (0.50%) Numerate Degree
4 2 (0.33%) Master's Degree
5 1 (0.17%) MBA
Quality Assurance & Compliance
1 7 (1.16%) PMO
2 5 (0.83%) EMIR
3 4 (0.66%) Data Quality
3 4 (0.66%) MiFID
3 4 (0.66%) QA
4 2 (0.33%) Dodd-Frank
5 1 (0.17%) COREP
5 1 (0.17%) GDPR
5 1 (0.17%) OASIS TOSCA
System Software
1 67 (11.09%) Docker
2 1 (0.17%) KVM
2 1 (0.17%) LXC
2 1 (0.17%) NFS
2 1 (0.17%) Samba
2 1 (0.17%) VMware ESXi
Systems Management
1 65 (10.76%) Kubernetes
2 54 (8.94%) Terraform
3 8 (1.32%) Consul
3 8 (1.32%) ITRS Geneos
3 8 (1.32%) Packer
4 5 (0.83%) Puppet
4 5 (0.83%) Salt
5 2 (0.33%) Control-M
6 1 (0.17%) Cloudify
6 1 (0.17%) Docker Swarm
6 1 (0.17%) Grafana
6 1 (0.17%) Juju
6 1 (0.17%) Prometheus
6 1 (0.17%) Tivoli
Vendors
1 126 (20.86%) Google
2 62 (10.26%) Bloomberg
3 32 (5.30%) Oracle
4 27 (4.47%) Reuters
5 26 (4.30%) FactSet
6 24 (3.97%) Microsoft
7 9 (1.49%) Sybase
8 7 (1.16%) Murex
8 7 (1.16%) Red Hat
9 5 (0.83%) Axway
9 5 (0.83%) Cloudera
9 5 (0.83%) Hortonworks
9 5 (0.83%) MuleSoft
9 5 (0.83%) Sparx
10 4 (0.66%) ION Trading
11 3 (0.50%) Atlassian
11 3 (0.50%) FIS
11 3 (0.50%) OpenLink
12 2 (0.33%) FXall
12 2 (0.33%) Tradeweb