Period
to 19 November 2019

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 19 November 2019 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
19 Nov 2019
Same period 2018 Same period 2017
Rank 161 182 111
Rank change year-on-year +21 -71 +67
Contract jobs citing Derivative 604 712 1,108
As % of all contract IT jobs advertised in London 1.68% 1.55% 2.40%
As % of the Miscellaneous category 5.01% 4.29% 6.36%
Number of daily rates quoted 346 530 827
London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -
10th Percentile £500 £513 £463
90th Percentile £750 £775 £750
England median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -
Number of hourly rates quoted 1 1 0
London median hourly rate £73.00 £16.50 -
Median hourly rate % change year-on-year +342.42% - -
England median hourly rate £73.00 £16.50 £45.00
% change year-on-year +342.42% -63.33% +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 12,066 16,583 17,432
As % of all contract IT jobs advertised in London 33.55% 36.01% 37.70%
Number of daily rates quoted 8,404 11,831 12,354
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £310 £313 £310
90th Percentile £700 £700 £688
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +5.88%
Number of hourly rates quoted 180 270 225
London median hourly rate £23.25 £22.93 £21.90
Median hourly rate % change year-on-year +1.40% +4.70% +9.72%
10th Percentile £12.76 £13.00 £12.75
90th Percentile £53.00 £53.84 £47.83
England median hourly rate £22.50 £20.00 £20.00
% change year-on-year +12.50% - -

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 19 November 2019.

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 19 November 2019. 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 -27 59 £613 -2.00% 26
East London +10 4 £533 -13.61%
South London - 1 - -
Derivative
England

For the 6 months to 19 November 2019, 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.

1 386 (63.91%) Finance
2 378 (62.58%) Front Office
3 343 (56.79%) Java
4 312 (51.66%) Agile Software Development
5 274 (45.36%) Fixed Income
6 269 (44.54%) Banking
7 226 (37.42%) Python
8 215 (35.60%) Software Engineering
9 213 (35.26%) C#
10 209 (34.60%) Asset Management
11 194 (32.12%) AWS
12 190 (31.46%) SQL
13 183 (30.30%) JavaScript
13 183 (30.30%) Foreign Exchange (FX)
14 181 (29.97%) Web Services
15 177 (29.30%) Equities
16 157 (25.99%) C++
17 142 (23.51%) Equity Derivative
18 137 (22.68%) React
19 131 (21.69%) Analytics
20 128 (21.19%) Microservices
21 113 (18.71%) Investment Management
22 107 (17.72%) .NET
23 106 (17.55%) AngularJS
23 106 (17.55%) Node.js
24 102 (16.89%) Investment Banking
25 97 (16.06%) TDD
26 89 (14.74%) Docker
26 89 (14.74%) Greenfield Project
27 84 (13.91%) J2EE

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 21 (3.48%) Apache Spark
2 15 (2.48%) Confluence
3 6 (0.99%) Elasticsearch
3 6 (0.99%) JBoss
3 6 (0.99%) Jetty
3 6 (0.99%) Oracle Coherence
3 6 (0.99%) Oracle Self-Service HR
3 6 (0.99%) Tomcat
3 6 (0.99%) WebLogic
4 5 (0.83%) Jupyter
5 1 (0.17%) Cloud Foundry
Applications
1 24 (3.97%) Microsoft Excel
2 10 (1.66%) Microsoft PowerPoint
3 6 (0.99%) Microsoft Project
3 6 (0.99%) MS Visio
4 3 (0.50%) Spreadsheet
5 2 (0.33%) Microsoft Office
6 1 (0.17%) Adobe Illustrator
6 1 (0.17%) Photoshop
Business Applications
1 44 (7.28%) FINCAD Analytics
2 13 (2.15%) Endur
3 11 (1.82%) thinkFolio
4 3 (0.50%) Markit EDM
5 2 (0.33%) Orchestrade
5 2 (0.33%) PolarLake
6 1 (0.17%) Bloomberg TOMS
6 1 (0.17%) Eagle PACE
6 1 (0.17%) Kondor
6 1 (0.17%) LatentZero
6 1 (0.17%) LongView
6 1 (0.17%) Sophis RISQUE
6 1 (0.17%) Sparx Enterprise Architect
6 1 (0.17%) SunGard Martini
Cloud Services
1 194 (32.12%) AWS
2 81 (13.41%) Azure
3 58 (9.60%) GCP
4 43 (7.12%) AWS Step Functions
4 43 (7.12%) GitHub
5 38 (6.29%) Amazon S3
6 26 (4.30%) AWS Lambda
6 26 (4.30%) Serverless
7 19 (3.15%) Amazon SQS
8 11 (1.82%) OpenShift
9 8 (1.32%) npm
9 8 (1.32%) Power Platform
9 8 (1.32%) Yarn
10 7 (1.16%) PaaS
11 5 (0.83%) Amazon ECS
11 5 (0.83%) Cloud Computing
12 4 (0.66%) Office 365
13 2 (0.33%) AWS CloudFormation
13 2 (0.33%) IaaS
14 1 (0.17%) Amazon EMR
Communications & Networking
1 19 (3.15%) AMQP
2 6 (0.99%) SSH
3 5 (0.83%) Internet
3 5 (0.83%) TCP/IP
4 4 (0.66%) FIX Connectivity
4 4 (0.66%) HTTP
Database & Business Intelligence
1 76 (12.58%) NoSQL
2 73 (12.09%) Amazon Athena
3 68 (11.26%) PostgreSQL
4 66 (10.93%) MongoDB
5 53 (8.77%) Amazon DynamoDB
6 40 (6.62%) Amazon Aurora
7 38 (6.29%) Amazon RDS
8 36 (5.96%) Relational Database
8 36 (5.96%) SQL Server
9 29 (4.80%) RDBMS
10 26 (4.30%) Apache Cassandra
11 23 (3.81%) Hadoop
12 21 (3.48%) DB2
13 19 (3.15%) Couchbase
13 19 (3.15%) HBase
13 19 (3.15%) MariaDB
13 19 (3.15%) Neo4j
13 19 (3.15%) Redis
14 18 (2.98%) SQL Server Integration Services
15 16 (2.65%) Amazon Redshift
Development Applications
1 37 (6.13%) NUnit
1 37 (6.13%) RStudio
2 30 (4.97%) JIRA
3 29 (4.80%) Git (software)
4 27 (4.47%) SpecFlow
5 25 (4.14%) Jenkins
6 18 (2.98%) Maven
7 16 (2.65%) Cucumber
8 15 (2.48%) webpack
9 12 (1.99%) Selenium
10 11 (1.82%) TeamCity
11 10 (1.66%) Gradle
12 9 (1.49%) Subversion
13 7 (1.16%) ClearCase
14 6 (0.99%) Ant
14 6 (0.99%) Eclipse
14 6 (0.99%) FishEye
14 6 (0.99%) IntelliJ
14 6 (0.99%) Poseidon for UML
14 6 (0.99%) Vagrant
General
1 386 (63.91%) Finance
2 378 (62.58%) Front Office
3 269 (44.54%) Banking
4 102 (16.89%) Investment Banking
5 16 (2.65%) Back Office
6 9 (1.49%) Legal
7 8 (1.32%) Retail
8 7 (1.16%) Financial Institution
9 4 (0.66%) Prime Brokerage
10 3 (0.50%) Public Sector
10 3 (0.50%) Retail Banking
11 2 (0.33%) Corporate Banking
11 2 (0.33%) French Language
12 1 (0.17%) General Ledger
12 1 (0.17%) German Language
12 1 (0.17%) Greek Language
12 1 (0.17%) Law
12 1 (0.17%) Marketing
Job Titles
1 322 (53.31%) Developer
2 146 (24.17%) Java Developer
3 87 (14.40%) Analyst
4 79 (13.08%) Senior Developer
5 72 (11.92%) Software Engineer
6 66 (10.93%) Business Analyst
7 62 (10.26%) AWS Engineer
7 62 (10.26%) C# Developer
8 55 (9.11%) Architect
9 53 (8.77%) AWS Software Engineer
10 45 (7.45%) AWS Developer
11 39 (6.46%) Front Office Developer
12 38 (6.29%) Senior Java Developer
13 37 (6.13%) NoSQL Developer
14 36 (5.96%) .NET Developer
15 31 (5.13%) Python Developer
16 30 (4.97%) Agile Developer
16 30 (4.97%) Lead Software Engineer
16 30 (4.97%) SQL Developer
16 30 (4.97%) UI Developer
Libraries, Frameworks & Software Standards
1 181 (29.97%) Web Services
2 137 (22.68%) React
3 107 (17.72%) .NET
4 106 (17.55%) AngularJS
4 106 (17.55%) Node.js
5 84 (13.91%) J2EE
6 51 (8.44%) Kafka
7 45 (7.45%) Spring
8 38 (6.29%) REST
9 33 (5.46%) HTML
10 32 (5.30%) FIX Protocol
10 32 (5.30%) Hibernate
11 27 (4.47%) Vue.js
12 25 (4.14%) RabbitMQ
13 24 (3.97%) NumPy
14 23 (3.81%) HTML5
14 23 (3.81%) Middleware
14 23 (3.81%) Reactive Extensions
15 22 (3.64%) SciPy
15 22 (3.64%) WPF
Miscellaneous
1 274 (45.36%) Fixed Income
2 183 (30.30%) Foreign Exchange (FX)
3 177 (29.30%) Equities
4 142 (23.51%) Equity Derivative
5 89 (14.74%) Greenfield Project
6 73 (12.09%) Hedge funds
7 55 (9.11%) OTC Derivatives
8 31 (5.13%) Market Risk
9 30 (4.97%) Reference Data
10 29 (4.80%) Blog
11 28 (4.64%) Virtual Team
12 26 (4.30%) Credit Derivative
13 24 (3.97%) Credit Risk
14 19 (3.15%) Algorithms
15 18 (2.98%) Data Structures
16 17 (2.81%) Analytical Skills
16 17 (2.81%) Exotic Derivative
17 16 (2.65%) Public Cloud
18 10 (1.66%) Interest Rate Derivative
19 9 (1.49%) User Experience
Operating Systems
1 53 (8.77%) Linux
2 19 (3.15%) Unix
3 14 (2.32%) Windows
4 8 (1.32%) Red Hat Enterprise Linux
5 6 (0.99%) Android
5 6 (0.99%) Apple iOS
5 6 (0.99%) CentOS
5 6 (0.99%) Debian
5 6 (0.99%) Mac OS X
5 6 (0.99%) Solaris
5 6 (0.99%) Ubuntu
6 2 (0.33%) Windows 10
6 2 (0.33%) Windows Server
Processes & Methodologies
1 312 (51.66%) Agile Software Development
2 215 (35.60%) Software Engineering
3 209 (34.60%) Asset Management
4 131 (21.69%) Analytics
5 128 (21.19%) Microservices
6 113 (18.71%) Investment Management
7 97 (16.06%) TDD
8 80 (13.25%) Portfolio Management
9 67 (11.09%) Front End Development
10 66 (10.93%) Mentoring
11 65 (10.76%) Fund Management
12 55 (9.11%) Quantitative Analysis
13 51 (8.44%) Migration
14 50 (8.28%) DevOps
14 50 (8.28%) Multithreading
15 41 (6.79%) Business Analysis
16 39 (6.46%) Risk Analytics
17 37 (6.13%) Workflow
18 35 (5.79%) Test Automation
19 34 (5.63%) Open Source
Programming Languages
1 343 (56.79%) Java
2 226 (37.42%) Python
3 213 (35.26%) C#
4 190 (31.46%) SQL
5 183 (30.30%) JavaScript
6 157 (25.99%) C++
7 65 (10.76%) R
8 43 (7.12%) Scala
9 31 (5.13%) Kotlin
10 19 (3.15%) F#
10 19 (3.15%) Java 8
11 17 (2.81%) Perl
12 15 (2.48%) T-SQL
13 14 (2.32%) TypeScript
14 13 (2.15%) VB.NET
15 12 (1.99%) VBA
16 11 (1.82%) C
17 8 (1.32%) Clojure
17 8 (1.32%) ClojureScript
18 6 (0.99%) Bash Shell
Qualifications
1 28 (4.64%) Degree
2 6 (0.99%) Numerate Degree
2 6 (0.99%) Security Cleared
3 4 (0.66%) PhD
4 3 (0.50%) DV Cleared
4 3 (0.50%) SC Cleared
5 2 (0.33%) MBA
5 2 (0.33%) PMI Certification
5 2 (0.33%) PMP
6 1 (0.17%) AWS Certification
6 1 (0.17%) ISTQB
6 1 (0.17%) Master's Degree
6 1 (0.17%) Postgraduate
Quality Assurance & Compliance
1 23 (3.81%) MiFID
2 19 (3.15%) QA
3 12 (1.99%) EMIR
4 4 (0.66%) Data Quality
5 2 (0.33%) IFRS
5 2 (0.33%) UCITS
6 1 (0.17%) AIFMD
6 1 (0.17%) Dodd-Frank
6 1 (0.17%) IFRS 9
System Software
1 89 (14.74%) Docker
2 2 (0.33%) Apache ZooKeeper
3 1 (0.17%) HDFS
Systems Management
1 42 (6.95%) Kubernetes
2 20 (3.31%) Ansible
3 16 (2.65%) Terraform
4 8 (1.32%) Puppet
5 6 (0.99%) ITRS Geneos
5 6 (0.99%) Salt
6 4 (0.66%) Grafana
7 3 (0.50%) HP Quality Center
8 2 (0.33%) Kibana
9 1 (0.17%) Control-M
Vendors
1 79 (13.08%) Oracle
2 59 (9.77%) Bloomberg
3 44 (7.28%) Reuters
3 44 (7.28%) Sybase
4 31 (5.13%) Microsoft
5 23 (3.81%) Google
6 14 (2.32%) Charles River
7 13 (2.15%) OpenLink
8 8 (1.32%) Atlassian
9 7 (1.16%) Murex
10 6 (0.99%) Cloudera
10 6 (0.99%) Hortonworks
10 6 (0.99%) Red Hat
10 6 (0.99%) Sun
11 4 (0.66%) Splunk
11 4 (0.66%) TIBCO
12 2 (0.33%) ION Trading
12 2 (0.33%) Tableau
13 1 (0.17%) FactSet
13 1 (0.17%) MapR