Period
to 12 May 2021

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 12 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
England > London
6 months to
12 May 2021
Same period 2020 Same period 2019
Rank 127 128 244
Rank change year-on-year +1 +116 -64
Contract jobs citing Derivative 500 436 466
As % of all contract jobs advertised in London 2.12% 2.07% 1.14%
As % of the Miscellaneous category 6.39% 6.47% 3.59%
Number of daily rates quoted 426 381 343
10th Percentile £513 £500 £508
25th Percentile £550 £538 £575
Median daily rate (50th Percentile) £613 £650 £650
Median % change year-on-year -5.77% - +4.00%
75th Percentile £713 £713 £688
90th Percentile £775 £800 £725
England median daily rate £613 £650 £650
% change year-on-year -5.77% - +4.84%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £25.30
England 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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 7,826 6,741 12,972
As % of all contract IT jobs advertised in London 33.21% 32.02% 31.77%
Number of daily rates quoted 5,479 4,886 9,271
10th Percentile £350 £313 £325
25th Percentile £429 £413 £419
Median daily rate (50th Percentile) £535 £525 £525
Median % change year-on-year +1.90% - +5.00%
75th Percentile £650 £638 £625
90th Percentile £738 £725 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - -
Number of hourly rates quoted 130 116 195
10th Percentile £15.81 £13.13 £12.96
25th Percentile £21.34 £18.00 £18.59
Median hourly rate £31.82 £29.61 £25.00
Median % change year-on-year +7.46% +18.44% +8.93%
75th Percentile £47.50 £47.41 £38.88
90th Percentile £60.00 £53.38 £51.17
England median hourly rate £26.00 £21.50 £21.00
% change year-on-year +20.93% +2.38% -2.33%

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 12 May 2021.

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 12 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
Central London +70 84 £613 +1.45% 23
Derivative
England

For the 6 months to 12 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 London region with a requirement for Derivative.

1 340 (68.00%) Front Office
2 318 (63.60%) Finance
3 222 (44.40%) Python
4 210 (42.00%) Java
5 202 (40.40%) Equities
6 189 (37.80%) Banking
7 185 (37.00%) Agile Software Development
8 183 (36.60%) SQL
9 180 (36.00%) Foreign Exchange (FX)
10 179 (35.80%) Fixed Income
11 171 (34.20%) JavaScript
12 159 (31.80%) Asset Management
13 150 (30.00%) Investment Management
14 144 (28.80%) Investment Banking
15 136 (27.20%) Analytics
16 134 (26.80%) C#
17 132 (26.40%) AWS
18 122 (24.40%) Software Engineering
19 112 (22.40%) React
20 103 (20.60%) AngularJS
21 102 (20.40%) Hedge funds
22 95 (19.00%) Web Services
23 90 (18.00%) C++
24 83 (16.60%) .NET
25 81 (16.20%) Equity Derivative
26 78 (15.60%) Azure
27 73 (14.60%) Requirements Gathering
28 70 (14.00%) Social Skills
29 69 (13.80%) Kotlin
29 69 (13.80%) Vue.js

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 22 (4.40%) Apache
2 15 (3.00%) Apache Spark
3 6 (1.20%) Confluence
4 5 (1.00%) DataSynapse
5 3 (0.60%) Oracle Coherence
6 2 (0.40%) MQSeries
6 2 (0.40%) OpenStack
7 1 (0.20%) Apache Airflow
7 1 (0.20%) Oracle Workflow
Applications
1 17 (3.40%) Microsoft Excel
2 2 (0.40%) Microsoft PowerPoint
2 2 (0.40%) MS Visio
3 1 (0.20%) Microsoft Office
3 1 (0.20%) Microsoft Project
Business Applications
1 9 (1.80%) Summit
2 7 (1.40%) Markit EDM
3 4 (0.80%) ION MarketView
4 3 (0.60%) thinkFolio
5 2 (0.40%) Eagle PACE
5 2 (0.40%) Eikon
5 2 (0.40%) FINCAD Analytics
5 2 (0.40%) LatentZero
5 2 (0.40%) LongView
5 2 (0.40%) Orchestrade
6 1 (0.20%) Bloomberg AIM
6 1 (0.20%) BusinessWorks
6 1 (0.20%) Loan IQ
6 1 (0.20%) PolarLake
Cloud Services
1 132 (26.40%) AWS
2 78 (15.60%) Azure
3 58 (11.60%) GCP
4 27 (5.40%) Amazon EC2
4 27 (5.40%) Amazon S3
4 27 (5.40%) AWS Lambda
4 27 (5.40%) Serverless
5 5 (1.00%) Apigee
5 5 (1.00%) OpenShift
6 2 (0.40%) GitHub
6 2 (0.40%) Power Platform
7 1 (0.20%) Cloud Computing
Communications & Networking
1 10 (2.00%) TCP/IP
2 7 (1.40%) FIX Connectivity
2 7 (1.40%) SSL
3 6 (1.20%) HTTP
4 2 (0.40%) 3GPP
4 2 (0.40%) Firewall
4 2 (0.40%) Multicast
4 2 (0.40%) SGSN
4 2 (0.40%) Software-Defined Networking
Database & Business Intelligence
1 27 (5.40%) Amazon DynamoDB
2 21 (4.20%) Apache Ignite
3 20 (4.00%) SQL Server
4 13 (2.60%) Apache Cassandra
5 10 (2.00%) Hazelcast
5 10 (2.00%) Relational Database
6 9 (1.80%) Data Warehouse
7 8 (1.60%) Redis
8 5 (1.00%) Oracle Database
9 4 (0.80%) Azure SQL Database
10 3 (0.60%) Big Data
10 3 (0.60%) MongoDB
10 3 (0.60%) MS Access
10 3 (0.60%) SQL Server Analysis Services
10 3 (0.60%) Tableau
11 2 (0.40%) Data Lake
11 2 (0.40%) Data Mining
11 2 (0.40%) PostgreSQL
11 2 (0.40%) Power BI
12 1 (0.20%) Blockchain
Development Applications
1 52 (10.40%) Git (software)
2 45 (9.00%) JIRA
3 25 (5.00%) Bitbucket
4 19 (3.80%) TeamCity
5 17 (3.40%) Artifactory
6 15 (3.00%) Visual Studio
7 11 (2.20%) Jenkins
7 11 (2.20%) Subversion
8 9 (1.80%) Octopus Deploy
9 5 (1.00%) Maven
10 3 (0.60%) Cucumber
10 3 (0.60%) Selenium
11 2 (0.40%) Robot Framework
12 1 (0.20%) CppUnit
12 1 (0.20%) Eclipse
12 1 (0.20%) Gradle
12 1 (0.20%) IntelliJ
General
1 340 (68.00%) Front Office
2 318 (63.60%) Finance
3 189 (37.80%) Banking
4 144 (28.80%) Investment Banking
5 70 (14.00%) Social Skills
6 36 (7.20%) Analytical Skills
7 19 (3.80%) Financial Institution
8 18 (3.60%) Back Office
9 8 (1.60%) Prime Brokerage
9 8 (1.60%) Synthetic Prime Brokerage
10 5 (1.00%) Influencing Skills
10 5 (1.00%) Retail
11 3 (0.60%) Legal
12 2 (0.40%) French Language
12 2 (0.40%) General Ledger
12 2 (0.40%) Telecoms
13 1 (0.20%) Corporate Banking
13 1 (0.20%) International Banking
13 1 (0.20%) Marketing
13 1 (0.20%) Retail Banking
Job Titles
1 304 (60.80%) Developer
2 117 (23.40%) Analyst
3 100 (20.00%) Front Office Developer
4 95 (19.00%) Python Developer
5 89 (17.80%) Java Developer
6 62 (12.40%) Business Analyst
7 59 (11.80%) JavaScript Developer
8 57 (11.40%) C# Developer
9 55 (11.00%) Software Engineer
10 54 (10.80%) Developer/Software Engineer
11 53 (10.60%) Financial Analyst
12 43 (8.60%) Investment Banking Java Developer
13 38 (7.60%) SQL Analyst
13 38 (7.60%) SQL Data Analyst
14 36 (7.20%) Python Engineer
15 33 (6.60%) Python Software Engineer
16 32 (6.40%) Senior Developer
17 28 (5.60%) Report Analyst
18 25 (5.00%) Senior Java Developer
19 24 (4.80%) React Developer
Libraries, Frameworks & Software Standards
1 112 (22.40%) React
2 103 (20.60%) AngularJS
3 95 (19.00%) Web Services
4 83 (16.60%) .NET
5 69 (13.80%) Vue.js
6 63 (12.60%) FIX Protocol
7 43 (8.60%) Node.js
8 26 (5.20%) Shiny
9 24 (4.80%) .NET Core
9 24 (4.80%) WPF
10 20 (4.00%) Spring
11 19 (3.80%) GraphQL
11 19 (3.80%) WCF
12 18 (3.60%) ASP.NET
12 18 (3.60%) XML
13 17 (3.40%) Kafka
14 15 (3.00%) Spring Boot
15 14 (2.80%) ASP.NET Core
15 14 (2.80%) ASP.NET Web API
15 14 (2.80%) RESTful
Miscellaneous
1 202 (40.40%) Equities
2 180 (36.00%) Foreign Exchange (FX)
3 179 (35.80%) Fixed Income
4 102 (20.40%) Hedge funds
5 81 (16.20%) Equity Derivative
6 51 (10.20%) Data Structures
7 49 (9.80%) Greenfield Project
8 34 (6.80%) Credit Risk
9 20 (4.00%) Interest Rate Derivative
9 20 (4.00%) Market Risk
10 17 (3.40%) SWIFT
11 16 (3.20%) Credit Derivative
12 14 (2.80%) OTC Derivatives
13 13 (2.60%) Algorithms
14 8 (1.60%) Management Information System
15 4 (0.80%) Analytical Mindset
15 4 (0.80%) Energy Derivatives
15 4 (0.80%) Virtual Team
16 2 (0.40%) Equity Risk
16 2 (0.40%) Grid Computing
Operating Systems
1 21 (4.20%) Linux
2 20 (4.00%) Unix
3 7 (1.40%) Windows
Processes & Methodologies
1 185 (37.00%) Agile Software Development
2 159 (31.80%) Asset Management
3 150 (30.00%) Investment Management
4 136 (27.20%) Analytics
5 122 (24.40%) Software Engineering
6 73 (14.60%) Requirements Gathering
7 68 (13.60%) Multithreading
8 67 (13.40%) Low Latency
9 61 (12.20%) Electronic Trading
10 54 (10.80%) Microservices
11 53 (10.60%) Dashboard Development
12 52 (10.40%) Performance Tuning
13 51 (10.20%) Portfolio Management
14 43 (8.60%) TDD
15 38 (7.60%) Algorithmic Trading
15 38 (7.60%) Business Analysis
15 38 (7.60%) Multithreaded Programming
16 36 (7.20%) DevOps
17 34 (6.80%) Mathematics
18 33 (6.60%) Memory Management
Programming Languages
1 222 (44.40%) Python
2 210 (42.00%) Java
3 183 (36.60%) SQL
4 171 (34.20%) JavaScript
5 134 (26.80%) C#
6 90 (18.00%) C++
7 69 (13.80%) Kotlin
8 63 (12.60%) TypeScript
9 60 (12.00%) Scala
10 27 (5.40%) R
11 15 (3.00%) Perl
12 11 (2.20%) PL/SQL
12 11 (2.20%) VBA
13 10 (2.00%) Haskell
14 7 (1.40%) Java 8
15 6 (1.20%) Clojure
15 6 (1.20%) Go
16 4 (0.80%) PHP
16 4 (0.80%) Shell Script
16 4 (0.80%) VB
Qualifications
1 23 (4.60%) Degree
2 3 (0.60%) Computer Science Degree
3 2 (0.40%) PRINCE2 Certification
4 1 (0.20%) ACCA
4 1 (0.20%) CFA
4 1 (0.20%) Master's Degree
4 1 (0.20%) Numerate Degree
Quality Assurance & Compliance
1 9 (1.80%) MiFID
2 4 (0.80%) PMO
3 3 (0.60%) CRD IV
3 3 (0.60%) EMIR
3 3 (0.60%) IFRS
3 3 (0.60%) QA
4 2 (0.40%) Basel III
4 2 (0.40%) Data Quality
4 2 (0.40%) OASIS TOSCA
5 1 (0.20%) AIFMD
5 1 (0.20%) COREP
5 1 (0.20%) Dodd-Frank
5 1 (0.20%) GDPR
System Software
1 31 (6.20%) Docker
2 2 (0.40%) KVM
2 2 (0.40%) LXC
2 2 (0.40%) VMware ESXi
3 1 (0.20%) Platform Symphony
Systems Management
1 25 (5.00%) Kubernetes
2 15 (3.00%) Terraform
3 4 (0.80%) ITRS Geneos
4 2 (0.40%) Ansible
4 2 (0.40%) Cloudify
4 2 (0.40%) Control-M
4 2 (0.40%) Docker Swarm
4 2 (0.40%) Grafana
4 2 (0.40%) Juju
4 2 (0.40%) Prometheus
5 1 (0.20%) BladeLogic
Vendors
1 30 (6.00%) Bloomberg
2 24 (4.80%) Oracle
3 13 (2.60%) Atlassian
4 9 (1.80%) Murex
5 8 (1.60%) Charles River
6 7 (1.40%) IBM
7 6 (1.20%) Citrix
7 6 (1.20%) Google
7 6 (1.20%) Microsoft
7 6 (1.20%) TIBCO
8 5 (1.00%) SimCorp
9 4 (0.80%) ION Trading
10 3 (0.60%) Reuters
10 3 (0.60%) Splunk
11 2 (0.40%) Cisco
11 2 (0.40%) Ericsson
11 2 (0.40%) Juniper
11 2 (0.40%) Mirantis
11 2 (0.40%) Red Hat
11 2 (0.40%) Solace