Period
to 20 January 2018

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 20 January 2018 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
UK > Scotland
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 165 162 134
Rank change year-on-year -3 -28 +2
Contract jobs citing Derivative 24 10 62
As % of all contract IT jobs advertised in Scotland 0.51% 0.27% 1.10%
As % of the Miscellaneous category 1.70% 0.79% 3.53%
Number of daily rates quoted 18 3 30
Scotland median daily rate £481 £500 £463
Median daily rate % change year-on-year -3.75% +8.11% +8.82%
10th Percentile £400 £285 £319
90th Percentile £620 £525 £600
UK median daily rate £600 £600 £575
% change year-on-year - +4.35% +4.55%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate £45.00 £20.00 -
% change year-on-year +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 Scotland with a requirement for generic IT skills.

All Generic IT Skills
Scotland
Contract vacancies with a requirement for generic IT skills 1,411 1,273 1,755
As % of all contract IT jobs advertised in Scotland 29.82% 33.79% 31.14%
Number of daily rates quoted 765 728 883
Scotland median daily rate £380 £350 £350
Median daily rate % change year-on-year +8.57% - -5.41%
10th Percentile £206 £211 £176
90th Percentile £538 £500 £525
UK median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 45 44 49
Scotland median hourly rate £20.00 £31.25 £20.00
Median hourly rate % change year-on-year -36.00% +56.25% +5.26%
10th Percentile £11.25 £11.32 £12.35
90th Percentile £43.25 £52.00 £47.10
UK median hourly rate £21.79 £20.50 £20.00
% change year-on-year +6.29% +2.50% +14.29%

Derivative
Job Vacancy Trend in Scotland

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

Job vacancy trend for Derivative in Scotland

Derivative
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Derivative in Scotland

Derivative
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing Derivative in Scotland over the 6 months to 20 January 2018.

Contractor daily rate histogram for Derivative in Scotland

Derivative
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the Scotland region over the 6 months to 20 January 2018. 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
Edinburgh -11 18 £481 -3.75%
Glasgow -10 6 £456 - 2
Derivative
UK

For the 6 months to 20 January 2018, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Scotland region with a requirement for Derivative.

1 17 (70.83%) Asset Management
2 15 (62.50%) Finance
3 13 (54.17%) Stakeholder Management
3 13 (54.17%) Fixed Income
3 13 (54.17%) Equities
4 8 (33.33%) GDPR
4 8 (33.33%) FATCA
4 8 (33.33%) Target Operating Model
4 8 (33.33%) Solvency II
4 8 (33.33%) Front Office
4 8 (33.33%) Migration
4 8 (33.33%) MiFID
5 5 (20.83%) Banking
5 5 (20.83%) Investment Banking
5 5 (20.83%) Java
6 4 (16.67%) OO
6 4 (16.67%) Python
6 4 (16.67%) C++
6 4 (16.67%) SQL
6 4 (16.67%) Agile Software Development
7 3 (12.50%) Business Analysis
7 3 (12.50%) Degree
7 3 (12.50%) Computer Science
7 3 (12.50%) C#
7 3 (12.50%) Relational Database
7 3 (12.50%) OTC Derivatives
8 2 (8.33%) Collaborative Working
8 2 (8.33%) Numerate Degree
8 2 (8.33%) Stakeholder Engagement
8 2 (8.33%) Client Onboarding

Derivative
Co-occurring IT Skills in Scotland 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 1 (4.17%) Oracle SOA Suite
Applications
1 1 (4.17%) Microsoft Excel
Database & Business Intelligence
1 3 (12.50%) Relational Database
2 2 (8.33%) RDBMS
3 1 (4.17%) DB2
3 1 (4.17%) Hadoop
3 1 (4.17%) SQL Server
3 1 (4.17%) SQL Server 2005
Development Applications
1 1 (4.17%) CruiseControl
1 1 (4.17%) JUnit
1 1 (4.17%) NUnit
General
1 15 (62.50%) Finance
2 8 (33.33%) Front Office
3 5 (20.83%) Banking
3 5 (20.83%) Investment Banking
4 1 (4.17%) Back Office
Job Titles
1 13 (54.17%) Analyst
1 13 (54.17%) Business Analyst
2 9 (37.50%) Asset Management Analyst
2 9 (37.50%) Asset Management Business Analyst
3 8 (33.33%) Investment Management Business Analyst
4 7 (29.17%) Developer
5 4 (16.67%) Project Manager
5 4 (16.67%) Python Developer
6 3 (12.50%) Asset Management Project Manager
7 1 (4.17%) Angular Developer
7 1 (4.17%) Applications Developer
7 1 (4.17%) C# .NET Developer
7 1 (4.17%) Derivatives Project Manager
7 1 (4.17%) Hadoop Developer
7 1 (4.17%) Java Scala Developer
7 1 (4.17%) Scala Developer
7 1 (4.17%) Senior Business Analyst
7 1 (4.17%) Senior Developer
7 1 (4.17%) Senior UI Developer
7 1 (4.17%) UI Developer
Libraries, Frameworks & Software Standards
1 2 (8.33%) AngularJS
2 1 (4.17%) .NET
2 1 (4.17%) Angular 2
2 1 (4.17%) ASP.NET
2 1 (4.17%) CSS
2 1 (4.17%) CSS3
2 1 (4.17%) Django
2 1 (4.17%) HTML
2 1 (4.17%) HTML5
2 1 (4.17%) J2SE
2 1 (4.17%) jQuery
2 1 (4.17%) LINQ
2 1 (4.17%) React
2 1 (4.17%) Sass
2 1 (4.17%) Semantic HTML
2 1 (4.17%) Spring
2 1 (4.17%) Twitter Bootstrap
2 1 (4.17%) Web Services
2 1 (4.17%) XML
2 1 (4.17%) XSLT
Miscellaneous
1 13 (54.17%) Equities
1 13 (54.17%) Fixed Income
2 3 (12.50%) Computer Science
2 3 (12.50%) OTC Derivatives
3 2 (8.33%) Analytical Skills
3 2 (8.33%) Foreign Exchange (FX)
4 1 (4.17%) Credit Risk
4 1 (4.17%) Equity Derivative
4 1 (4.17%) Swaptions
4 1 (4.17%) User Experience
Operating Systems
1 1 (4.17%) Linux
1 1 (4.17%) Unix
1 1 (4.17%) Windows
Processes & Methodologies
1 17 (70.83%) Asset Management
2 13 (54.17%) Stakeholder Management
3 8 (33.33%) Migration
3 8 (33.33%) Target Operating Model
4 4 (16.67%) Agile Software Development
4 4 (16.67%) OO
5 3 (12.50%) Business Analysis
6 2 (8.33%) Client Onboarding
6 2 (8.33%) Collaborative Working
6 2 (8.33%) Mathematics
6 2 (8.33%) OOP
6 2 (8.33%) Risk Management
6 2 (8.33%) Scrum
6 2 (8.33%) Stakeholder Engagement
6 2 (8.33%) User Acceptance Testing
6 2 (8.33%) Workflow
7 1 (4.17%) MVC
7 1 (4.17%) OOD
7 1 (4.17%) Service Delivery
7 1 (4.17%) TDD
Programming Languages
1 5 (20.83%) Java
2 4 (16.67%) C++
2 4 (16.67%) Python
2 4 (16.67%) SQL
3 3 (12.50%) C#
4 1 (4.17%) C
4 1 (4.17%) JavaScript
4 1 (4.17%) Perl
4 1 (4.17%) Scala
4 1 (4.17%) T-SQL
4 1 (4.17%) VBA
Qualifications
1 3 (12.50%) Degree
2 2 (8.33%) Numerate Degree
3 1 (4.17%) Computer Science Degree
Quality Assurance & Compliance
1 8 (33.33%) FATCA
1 8 (33.33%) GDPR
1 8 (33.33%) MiFID
1 8 (33.33%) Solvency II
2 1 (4.17%) Dodd-Frank
2 1 (4.17%) EMIR
Vendors
1 2 (8.33%) Charles River
1 2 (8.33%) Oracle
2 1 (4.17%) Sybase