Period
to 21 September 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 21 September 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
21 Sep 2021
Same period 2020 Same period 2019
Rank 156 57 190
Rank change year-on-year -99 +133 -10
Contract jobs citing Derivative 598 593 552
As % of all contract jobs advertised in London 1.77% 4.48% 1.43%
As % of the Miscellaneous category 5.42% 12.19% 4.52%
Number of daily rates quoted 482 525 341
10th Percentile £488 £500 £500
25th Percentile £538 £538 £563
Median daily rate (50th Percentile) £650 £625 £650
Median % change year-on-year +4.00% -3.85% +4.84%
75th Percentile £725 £750 £713
90th Percentile £815 £813 £750
England median daily rate £650 £625 £625
% change year-on-year +4.00% - +0.81%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £73.00
England median hourly rate - - £73.00

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 11,033 4,866 12,209
As % of all contract IT jobs advertised in London 32.74% 36.74% 31.72%
Number of daily rates quoted 7,983 3,511 8,723
10th Percentile £363 £319 £315
25th Percentile £463 £425 £413
Median daily rate (50th Percentile) £550 £540 £525
Median % change year-on-year +1.85% +2.86% -
75th Percentile £675 £663 £625
90th Percentile £750 £750 £700
England median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 156 68 155
10th Percentile £14.73 £14.55 £12.76
25th Percentile £20.57 £22.31 £15.85
Median hourly rate £32.50 £37.63 £22.50
Median % change year-on-year -13.62% +67.22% -4.26%
75th Percentile £49.52 £47.75 £47.50
90th Percentile £63.75 £53.25 £52.80
England median hourly rate £25.00 £31.50 £20.98
% change year-on-year -20.63% +50.16% -0.11%

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 21 September 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 21 September 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 0 102 £625 -3.85% 30
South London 0 1 £600 +14.83% 2
Derivative
England

For the 6 months to 21 September 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.

1 381 (63.71%) Finance
2 282 (47.16%) Front Office
3 280 (46.82%) Banking
4 269 (44.98%) Java
5 247 (41.30%) Foreign Exchange (FX)
6 245 (40.97%) Agile Software Development
7 243 (40.64%) SQL
8 232 (38.80%) Python
9 212 (35.45%) Fixed Income
10 207 (34.62%) Investment Banking
11 163 (27.26%) C#
12 159 (26.59%) AWS
13 150 (25.08%) Equities
14 140 (23.41%) Asset Management
15 138 (23.08%) Software Engineering
16 136 (22.74%) JavaScript
17 126 (21.07%) AngularJS
18 124 (20.74%) React
19 118 (19.73%) C++
20 115 (19.23%) Full Stack Development
21 114 (19.06%) TypeScript
21 114 (19.06%) Multithreading
22 109 (18.23%) Social Skills
23 101 (16.89%) Analytics
24 99 (16.56%) Azure
25 92 (15.38%) .NET
25 92 (15.38%) Investment Management
26 87 (14.55%) Kotlin
27 81 (13.55%) Oracle
28 76 (12.71%) Linux

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 31 (5.18%) Apache
2 19 (3.18%) Apache Airflow
3 11 (1.84%) WebSphere
4 7 (1.17%) Confluence
5 6 (1.00%) Apache Spark
6 5 (0.84%) DataSynapse
6 5 (0.84%) Jupyter
7 4 (0.67%) Elasticsearch
8 2 (0.33%) MQSeries
8 2 (0.33%) OpenStack
8 2 (0.33%) Oracle Coherence
8 2 (0.33%) Oracle Workflow
9 1 (0.17%) JBoss
9 1 (0.17%) Tomcat
9 1 (0.17%) WebLogic
Applications
1 47 (7.86%) Microsoft Excel
2 12 (2.01%) Microsoft Project
3 6 (1.00%) Microsoft Office
4 5 (0.84%) Microsoft PowerPoint
4 5 (0.84%) Spreadsheet
5 3 (0.50%) Sketch
6 1 (0.17%) MS Visio
Business Applications
1 12 (2.01%) Orchestrade
2 11 (1.84%) Markit EDM
3 7 (1.17%) thinkFolio
4 4 (0.67%) Summit
4 4 (0.67%) SunGard Martini
5 2 (0.33%) BusinessWorks
5 2 (0.33%) Eagle PACE
5 2 (0.33%) Oracle Subledger Accounting
5 2 (0.33%) SimCorp Dimension
6 1 (0.17%) Aligne
6 1 (0.17%) Eikon
6 1 (0.17%) Endur
6 1 (0.17%) FINCAD Analytics
6 1 (0.17%) ION MarketView
6 1 (0.17%) LatentZero
6 1 (0.17%) LongView
6 1 (0.17%) Oracle FAH
6 1 (0.17%) Oracle General Ledger
6 1 (0.17%) SunGard GMI
Cloud Services
1 159 (26.59%) AWS
2 99 (16.56%) Azure
3 62 (10.37%) GCP
4 48 (8.03%) Amazon S3
4 48 (8.03%) AWS Lambda
4 48 (8.03%) Serverless
5 43 (7.19%) Amazon EC2
6 15 (2.51%) npm
7 5 (0.84%) AWS CloudFormation
7 5 (0.84%) AWS CodePipeline
8 4 (0.67%) Amazon EKS
8 4 (0.67%) Apigee
8 4 (0.67%) Power Platform
9 3 (0.50%) Amazon ECS
9 3 (0.50%) OpenShift
10 2 (0.33%) Azure Service Bus
10 2 (0.33%) GitHub
Communications & Networking
1 32 (5.35%) TCP/IP
2 28 (4.68%) SSL
3 12 (2.01%) HTTP
4 8 (1.34%) Multicast
5 7 (1.17%) Firewall
6 4 (0.67%) FIX Connectivity
7 2 (0.33%) 3GPP
7 2 (0.33%) LAN
7 2 (0.33%) SGSN
7 2 (0.33%) Software-Defined Networking
Database & Business Intelligence
1 59 (9.87%) SQL Server
2 46 (7.69%) Amazon DynamoDB
3 30 (5.02%) Apache Ignite
3 30 (5.02%) Hazelcast
4 29 (4.85%) Redis
5 22 (3.68%) Relational Database
6 17 (2.84%) Amazon Athena
7 15 (2.51%) Oracle Database
8 11 (1.84%) RDBMS
9 9 (1.51%) Data Warehouse
10 8 (1.34%) Hadoop
11 7 (1.17%) Data Mart
11 7 (1.17%) HBase
12 6 (1.00%) Big Data
13 5 (0.84%) Data Lake
13 5 (0.84%) Data Mining
13 5 (0.84%) Qlik Sense
14 4 (0.67%) NoSQL
14 4 (0.67%) Oracle Reports
14 4 (0.67%) Power BI
Development Applications
1 56 (9.36%) Git (software)
2 45 (7.53%) JIRA
3 29 (4.85%) Visual Studio
4 24 (4.01%) Maven
5 21 (3.51%) TeamCity
6 15 (2.51%) Grunt
6 15 (2.51%) Jenkins
7 9 (1.51%) Octopus Deploy
7 9 (1.51%) Subversion
8 6 (1.00%) Bitbucket
9 3 (0.50%) Cucumber
10 2 (0.33%) Artifactory
10 2 (0.33%) Moq
10 2 (0.33%) Selenium
11 1 (0.17%) CppUnit
11 1 (0.17%) CruiseControl
11 1 (0.17%) Gradle
11 1 (0.17%) NUnit
11 1 (0.17%) Oracle APEX
11 1 (0.17%) SonarQube
General
1 381 (63.71%) Finance
2 282 (47.16%) Front Office
3 280 (46.82%) Banking
4 207 (34.62%) Investment Banking
5 109 (18.23%) Social Skills
6 42 (7.02%) Analytical Skills
7 18 (3.01%) Financial Institution
8 13 (2.17%) Back Office
9 12 (2.01%) French Language
10 7 (1.17%) Presentation Skills
11 6 (1.00%) Influencing Skills
12 5 (0.84%) Inclusion and Diversity
13 4 (0.67%) Legal
13 4 (0.67%) Public Speaking
13 4 (0.67%) Retail Banking
14 3 (0.50%) International Banking
14 3 (0.50%) Prime Brokerage
15 2 (0.33%) Documentation Skills
15 2 (0.33%) Organisational Skills
15 2 (0.33%) Private Banking
Job Titles
1 396 (66.22%) Developer
2 132 (22.07%) Java Developer
3 113 (18.90%) Analyst
4 103 (17.22%) Python Developer
5 94 (15.72%) C# Developer
6 88 (14.72%) Front Office Developer
7 76 (12.71%) Senior Developer
8 64 (10.70%) Senior Java Developer
9 57 (9.53%) Business Analyst
9 57 (9.53%) Developer/Software Engineer
9 57 (9.53%) JavaScript Developer
9 57 (9.53%) Software Engineer
10 55 (9.20%) Python Engineer
11 54 (9.03%) React Developer
12 49 (8.19%) Python Software Engineer
13 41 (6.86%) Lead Developer
14 38 (6.35%) Banking Analyst
14 38 (6.35%) Risk Analyst
15 37 (6.19%) C++ Developer
15 37 (6.19%) Investment Banking Java Developer
Libraries, Frameworks & Software Standards
1 126 (21.07%) AngularJS
2 124 (20.74%) React
3 92 (15.38%) .NET
4 74 (12.37%) Web Services
5 62 (10.37%) Node.js
6 55 (9.20%) Spring
6 55 (9.20%) Vue.js
7 54 (9.03%) Spring Boot
8 47 (7.86%) RESTful
9 32 (5.35%) FIX Protocol
10 29 (4.85%) GraphQL
11 28 (4.68%) Memcached
12 24 (4.01%) WPF
13 20 (3.34%) XML
14 16 (2.68%) .NET Framework
15 15 (2.51%) STL
16 14 (2.34%) JSON
16 14 (2.34%) Middleware
17 13 (2.17%) Boost C++ Libraries
17 13 (2.17%) Django
Miscellaneous
1 247 (41.30%) Foreign Exchange (FX)
2 212 (35.45%) Fixed Income
3 150 (25.08%) Equities
4 65 (10.87%) Data Structures
5 59 (9.87%) Hedge funds
6 50 (8.36%) Algorithms
7 47 (7.86%) Interest Rate Derivative
8 45 (7.53%) Credit Risk
9 38 (6.35%) Equity Derivative
10 37 (6.19%) Credit Derivative
11 31 (5.18%) Market Risk
12 30 (5.02%) OTC Derivatives
13 21 (3.51%) Greenfield Project
13 21 (3.51%) Legacy Systems
14 13 (2.17%) Data Protection Act
14 13 (2.17%) User Experience
15 10 (1.67%) Management Information System
16 4 (0.67%) Exotic Derivative
17 3 (0.50%) DTCC
17 3 (0.50%) Reference Data
Operating Systems
1 76 (12.71%) Linux
2 27 (4.52%) Windows
3 24 (4.01%) Unix
Processes & Methodologies
1 245 (40.97%) Agile Software Development
2 140 (23.41%) Asset Management
3 138 (23.08%) Software Engineering
4 115 (19.23%) Full Stack Development
5 114 (19.06%) Multithreading
6 101 (16.89%) Analytics
7 92 (15.38%) Investment Management
8 68 (11.37%) TDD
9 62 (10.37%) Performance Tuning
10 53 (8.86%) Electronic Trading
11 50 (8.36%) Risk Management
12 48 (8.03%) API Design
13 43 (7.19%) API Development
14 41 (6.86%) Continuous Integration
14 41 (6.86%) OO
15 40 (6.69%) Business Analysis
15 40 (6.69%) DevOps
15 40 (6.69%) SDLC
16 38 (6.35%) Low Latency
17 36 (6.02%) Microservices
Programming Languages
1 269 (44.98%) Java
2 243 (40.64%) SQL
3 232 (38.80%) Python
4 163 (27.26%) C#
5 136 (22.74%) JavaScript
6 118 (19.73%) C++
7 114 (19.06%) TypeScript
8 87 (14.55%) Kotlin
9 69 (11.54%) Scala
10 53 (8.86%) Java 8
11 37 (6.19%) PL/SQL
12 30 (5.02%) Haskell
13 29 (4.85%) VBA
14 15 (2.51%) Perl
15 12 (2.01%) Shell Script
16 11 (1.84%) R
17 5 (0.84%) VB.NET
18 4 (0.67%) PHP
18 4 (0.67%) VB
19 3 (0.50%) C
Qualifications
1 20 (3.34%) Degree
2 7 (1.17%) Computer Science Degree
3 2 (0.33%) ACCA
3 2 (0.33%) CFA
3 2 (0.33%) MBA
3 2 (0.33%) PhD
3 2 (0.33%) PRINCE2 Certification
4 1 (0.17%) CIMA
4 1 (0.17%) Numerate Degree
Quality Assurance & Compliance
1 20 (3.34%) MiFID
2 9 (1.51%) Data Quality
3 8 (1.34%) EMIR
4 6 (1.00%) Dodd-Frank
5 5 (0.84%) PMO
6 4 (0.67%) Basel III
6 4 (0.67%) CRD IV
6 4 (0.67%) QA
7 3 (0.50%) UCITS
8 2 (0.33%) OASIS TOSCA
8 2 (0.33%) SLA
9 1 (0.17%) AIFMD
9 1 (0.17%) Basel II
9 1 (0.17%) GAAP
9 1 (0.17%) GDPR
9 1 (0.17%) IFRS
System Software
1 25 (4.18%) Docker
2 3 (0.50%) Active Directory
3 2 (0.33%) KVM
3 2 (0.33%) LXC
3 2 (0.33%) VMware ESXi
Systems Management
1 25 (4.18%) Kubernetes
2 12 (2.01%) ITRS Geneos
3 8 (1.34%) Terraform
4 5 (0.84%) Ansible
5 3 (0.50%) Control-M
5 3 (0.50%) SCCM
6 2 (0.33%) BladeLogic
6 2 (0.33%) Cloudify
6 2 (0.33%) Docker Swarm
6 2 (0.33%) Grafana
6 2 (0.33%) Juju
6 2 (0.33%) Prometheus
Vendors
1 81 (13.55%) Oracle
2 25 (4.18%) Microsoft
3 24 (4.01%) Bloomberg
4 19 (3.18%) Murex
5 16 (2.68%) IBM
6 11 (1.84%) Citrix
7 10 (1.67%) Splunk
8 9 (1.51%) Charles River
9 8 (1.34%) TIBCO
10 7 (1.17%) SimCorp
11 6 (1.00%) Fidessa
11 6 (1.00%) Google
12 5 (0.84%) SunGard
12 5 (0.84%) Sybase
13 3 (0.50%) Calypso
13 3 (0.50%) FIS
13 3 (0.50%) Refinitiv
13 3 (0.50%) VMware
14 2 (0.33%) Dynatrace
14 2 (0.33%) Mirantis