Period
to 22 September 2020

The table below looks at the prevalence of the term Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 22 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
UK
6 months to
22 Sep 2020
Same period 2019 Same period 2018
Rank 119 354 331
Rank change year-on-year +235 -23 -101
Contract jobs citing Derivative 606 596 799
As % of all contract jobs advertised in the UK 2.04% 0.68% 0.78%
As % of the Miscellaneous category 6.01% 2.17% 2.41%
Number of daily rates quoted 557 375 569
Median daily rate £635 £625 £613
Median daily rate % change year-on-year +1.60% +2.04% +2.08%
10th Percentile £500 £417 £475
90th Percentile £813 £750 £765
UK excluding London median daily rate £478 £355 £475
% change year-on-year +34.65% -25.26% -
Number of hourly rates quoted 0 1 1
Median hourly rate - £73.00 £16.50
Median hourly rate % change year-on-year - +342.42% -66.15%
UK excluding London median hourly rate - - -

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 10,079 27,417 33,087
As % of all contract IT jobs advertised in the UK 33.91% 31.38% 32.46%
Number of daily rates quoted 6,373 17,371 21,410
Median daily rate £475 £475 £470
Median daily rate % change year-on-year - +1.06% +4.44%
10th Percentile £263 £270 £275
90th Percentile £725 £675 £650
UK excluding London median daily rate £425 £425 £420
% change year-on-year - +1.19% +5.00%
Number of hourly rates quoted 457 1,024 1,040
Median hourly rate £34.13 £22.00 £20.00
Median hourly rate % change year-on-year +55.11% +10.00% -4.56%
10th Percentile £13.50 £11.64 £12.25
90th Percentile £55.00 £53.75 £50.00
Median hourly rate £26.98 £20.75 £19.00
% change year-on-year +30.02% +9.21% -5.00%

Derivative
Job Vacancy Trend

Job postings citing Derivative as a proportion of all IT jobs advertised.

Job vacancy trend for Derivative in the UK

Derivative
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Derivative.

Daily rate trend for Derivative in the UK

Derivative
Daily Rate Histogram

Daily rate distribution for jobs citing Derivative over the 6 months to 22 September 2020.

Daily rate histogram for Derivative in the UK

Derivative
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Derivative.

Hourly rate trend for Derivative in the UK

Derivative
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the UK over the 6 months to 22 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
England +236 597 £650 - 56
London +136 592 £650 - 55
Work from Home -29 39 £650 -7.14% 9
UK excluding London +251 7 £478 +34.65% 1
Midlands +107 2 - -
West Midlands +78 2 - -
Northern Ireland +4 2 £431 +27.70%
South East +191 1 £525 +61.54% 1
East of England +87 1 - -
South West - 1 - -

For the 6 months to 22 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 with a requirement for Derivative.

1 475 (78.38%) Front Office
2 469 (77.39%) Finance
3 443 (73.10%) Fixed Income
4 402 (66.34%) Agile Software Development
5 387 (63.86%) Asset Management
6 381 (62.87%) Python
7 377 (62.21%) Java
8 365 (60.23%) Equities
9 358 (59.08%) AWS
10 357 (58.91%) Web Services
11 328 (54.13%) Software Engineering
12 318 (52.48%) Hedge funds
13 305 (50.33%) Foreign Exchange (FX)
14 289 (47.69%) Investment Management
15 281 (46.37%) JavaScript
16 270 (44.55%) AngularJS
17 249 (41.09%) React
18 218 (35.97%) Banking
19 215 (35.48%) Vue.js
20 186 (30.69%) Investment Banking
20 186 (30.69%) Azure
21 173 (28.55%) SQL
22 169 (27.89%) GCP
23 148 (24.42%) DevOps
24 136 (22.44%) Decision-Making
25 126 (20.79%) Google
26 123 (20.30%) C#
27 113 (18.65%) .NET
28 109 (17.99%) Portfolio Management
29 103 (17.00%) Business Analysis

Derivative
Co-occurring IT Skills 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 10 (1.65%) Apache
1 10 (1.65%) Tomcat
2 8 (1.32%) Confluence
2 8 (1.32%) Jupyter
3 6 (0.99%) JBoss
4 5 (0.83%) Elasticsearch
4 5 (0.83%) Jetty
4 5 (0.83%) MQSeries
4 5 (0.83%) Oracle Self-Service HR
4 5 (0.83%) Red Hat Fuse
4 5 (0.83%) WebLogic
5 2 (0.33%) DataSynapse
5 2 (0.33%) OpenStack
6 1 (0.17%) Apache Spark
6 1 (0.17%) CMS
Applications
1 25 (4.13%) Microsoft Excel
2 6 (0.99%) Chatbot
3 4 (0.66%) Microsoft Office
4 2 (0.33%) Spreadsheet
Business Applications
1 28 (4.62%) Markit EDM
2 26 (4.29%) 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%) Oracle Subledger Accounting
7 1 (0.17%) thinkFolio
Cloud Services
1 358 (59.08%) AWS
2 186 (30.69%) Azure
3 169 (27.89%) GCP
4 102 (16.83%) Serverless
5 100 (16.50%) AWS Lambda
6 98 (16.17%) Amazon S3
7 95 (15.68%) Amazon EC2
8 61 (10.07%) OpenShift
9 59 (9.74%) Amazon SQS
10 54 (8.91%) Amazon ECS
11 52 (8.58%) AWS CloudFormation
12 3 (0.50%) AWS Step Functions
13 2 (0.33%) Cloud Computing
13 2 (0.33%) Power Platform
13 2 (0.33%) SaaS
14 1 (0.17%) GitHub
14 1 (0.17%) IaaS
14 1 (0.17%) npm
14 1 (0.17%) Yarn
Communications & Networking
1 5 (0.83%) SSH
2 2 (0.33%) 3GPP
2 2 (0.33%) FIX Connectivity
2 2 (0.33%) SGSN
2 2 (0.33%) Software-Defined Networking
2 2 (0.33%) TCP/IP
3 1 (0.17%) DMZ
3 1 (0.17%) DSL
3 1 (0.17%) Firewall
3 1 (0.17%) iSCSI
3 1 (0.17%) Multicast
Database & Business Intelligence
1 55 (9.08%) Amazon Redshift
2 53 (8.75%) Amazon RDS
3 51 (8.42%) SQL Server
4 43 (7.10%) Amazon DynamoDB
5 38 (6.27%) NoSQL
6 21 (3.47%) MongoDB
7 18 (2.97%) Redis
8 11 (1.82%) Hadoop
9 7 (1.16%) KDB
9 7 (1.16%) Oracle Database
9 7 (1.16%) Relational Database
10 6 (0.99%) MySQL
11 5 (0.83%) PostgreSQL
12 4 (0.66%) Data Mart
12 4 (0.66%) RDBMS
13 3 (0.50%) Apache Ignite
13 3 (0.50%) Big Data
13 3 (0.50%) MS Access
14 2 (0.33%) Data Lake
14 2 (0.33%) Power BI
Development Applications
1 89 (14.69%) RStudio
2 61 (10.07%) Artifactory
3 52 (8.58%) Jenkins
4 33 (5.45%) Git (software)
5 21 (3.47%) JIRA
5 21 (3.47%) Maven
6 19 (3.14%) Subversion
7 16 (2.64%) Octopus Deploy
8 12 (1.98%) TeamCity
9 10 (1.65%) Robot Framework
10 8 (1.32%) Cucumber
11 7 (1.16%) Eclipse
11 7 (1.16%) Gradle
11 7 (1.16%) IntelliJ
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
1 475 (78.38%) Front Office
2 469 (77.39%) Finance
3 218 (35.97%) Banking
4 186 (30.69%) Investment Banking
5 30 (4.95%) Back Office
6 4 (0.66%) Financial Institution
7 3 (0.50%) Corporate Banking
7 3 (0.50%) Legal
7 3 (0.50%) Telecoms
8 2 (0.33%) French Language
8 2 (0.33%) Retail Banking
9 1 (0.17%) Advertising
9 1 (0.17%) Dutch Language
9 1 (0.17%) International Banking
9 1 (0.17%) Public Sector
Job Titles
1 387 (63.86%) Developer
2 171 (28.22%) AWS Engineer
3 154 (25.41%) AWS Developer
4 144 (23.76%) Software Engineer
5 130 (21.45%) Python Developer
6 128 (21.12%) Developer/Software Engineer
7 110 (18.15%) Java Developer
8 96 (15.84%) JavaScript Developer
9 85 (14.03%) Python Engineer
10 80 (13.20%) Analyst
11 74 (12.21%) AWS Software Engineer
12 73 (12.05%) Front Office Developer
13 61 (10.07%) JavaScript Engineer
14 57 (9.41%) Python Software Engineer
15 48 (7.92%) Lead Developer
16 45 (7.43%) Finance Manager
17 44 (7.26%) Java Engineer
18 39 (6.44%) .NET Software Engineer
19 36 (5.94%) Lead Software Developer
20 34 (5.61%) Architect
Libraries, Frameworks & Software Standards
1 357 (58.91%) Web Services
2 270 (44.55%) AngularJS
3 249 (41.09%) React
4 215 (35.48%) Vue.js
5 113 (18.65%) .NET
6 84 (13.86%) Node.js
7 72 (11.88%) .NET Core
8 63 (10.40%) J2EE
9 58 (9.57%) ASP.NET
10 49 (8.09%) ASP.NET Core
11 45 (7.43%) J2SE
12 33 (5.45%) Pandas
13 20 (3.30%) HTML
14 19 (3.14%) WPF
15 17 (2.81%) Shiny
16 14 (2.31%) .NET Framework
16 14 (2.31%) XML
17 13 (2.15%) HTML5
18 12 (1.98%) Spring
19 9 (1.49%) FIX Protocol
Miscellaneous
1 443 (73.10%) Fixed Income
2 365 (60.23%) Equities
3 318 (52.48%) Hedge funds
4 305 (50.33%) Foreign Exchange (FX)
5 61 (10.07%) Greenfield Project
6 46 (7.59%) Credit Derivative
7 35 (5.78%) Equity Derivative
8 29 (4.79%) Blog
9 26 (4.29%) Reference Data
10 25 (4.13%) Analytical Skills
11 24 (3.96%) OTC Derivatives
12 13 (2.15%) User Experience
13 12 (1.98%) Market Risk
14 9 (1.49%) Public Cloud
15 7 (1.16%) Interest Rate Derivative
16 6 (0.99%) Algorithms
16 6 (0.99%) Credit Risk
16 6 (0.99%) Robotics
17 5 (0.83%) Data Structures
17 5 (0.83%) Swaptions
Operating Systems
1 35 (5.78%) Linux
2 13 (2.15%) CentOS
3 10 (1.65%) Windows
4 9 (1.49%) Unix
5 6 (0.99%) Red Hat Enterprise Linux
6 5 (0.83%) Android
6 5 (0.83%) Apple iOS
6 5 (0.83%) Debian
6 5 (0.83%) Mac OS X
6 5 (0.83%) Ubuntu
7 2 (0.33%) Solaris
Processes & Methodologies
1 402 (66.34%) Agile Software Development
2 387 (63.86%) Asset Management
3 328 (54.13%) Software Engineering
4 289 (47.69%) Investment Management
5 148 (24.42%) DevOps
6 136 (22.44%) Decision-Making
7 109 (17.99%) Portfolio Management
8 103 (17.00%) Business Analysis
9 98 (16.17%) Migration
10 86 (14.19%) Microservices
11 74 (12.21%) Analytics
12 73 (12.05%) Fintech
13 62 (10.23%) Scrum
14 57 (9.41%) Deployment Automation
15 45 (7.43%) Electronic Trading
16 44 (7.26%) Front End Development
17 41 (6.77%) TDD
18 35 (5.78%) Open Source
19 32 (5.28%) Multithreading
20 30 (4.95%) Infrastructure Automation
Programming Languages
1 381 (62.87%) Python
2 377 (62.21%) Java
3 281 (46.37%) JavaScript
4 173 (28.55%) SQL
5 123 (20.30%) C#
6 97 (16.01%) R
7 50 (8.25%) Kotlin
8 48 (7.92%) C++
9 30 (4.95%) VBA
10 27 (4.46%) TypeScript
11 23 (3.80%) C
12 18 (2.97%) Scala
13 13 (2.15%) Bash Shell
14 12 (1.98%) MATLAB
15 9 (1.49%) T-SQL
16 8 (1.32%) Clojure
16 8 (1.32%) ES6
17 6 (0.99%) Perl
18 5 (0.83%) PL/SQL
18 5 (0.83%) Ruby
Qualifications
1 24 (3.96%) Degree
2 6 (0.99%) Computer Science Degree
3 5 (0.83%) SC Cleared
3 5 (0.83%) Security Cleared
4 3 (0.50%) Numerate Degree
5 2 (0.33%) Master's Degree
6 1 (0.17%) MBA
Quality Assurance & Compliance
1 7 (1.16%) PMO
2 5 (0.83%) GDPR
3 4 (0.66%) Data Quality
3 4 (0.66%) EMIR
3 4 (0.66%) QA
4 3 (0.50%) MiFID
5 2 (0.33%) OASIS TOSCA
6 1 (0.17%) COREP
6 1 (0.17%) Dodd-Frank
6 1 (0.17%) FINREP
6 1 (0.17%) ISO/IEC 27001
System Software
1 67 (11.06%) Docker
2 2 (0.33%) KVM
2 2 (0.33%) LXC
2 2 (0.33%) VMware ESXi
3 1 (0.17%) Active Directory
3 1 (0.17%) NFS
3 1 (0.17%) Samba
3 1 (0.17%) VMware Infrastructure
3 1 (0.17%) VMware NSX
3 1 (0.17%) XenApp
3 1 (0.17%) XenDesktop
Systems Management
1 65 (10.73%) Kubernetes
2 54 (8.91%) Terraform
3 12 (1.98%) ITRS Geneos
4 8 (1.32%) Consul
4 8 (1.32%) Packer
5 6 (0.99%) Puppet
6 5 (0.83%) Salt
6 5 (0.83%) Tivoli
7 2 (0.33%) Cloudify
7 2 (0.33%) Control-M
7 2 (0.33%) Docker Swarm
7 2 (0.33%) Grafana
7 2 (0.33%) Juju
7 2 (0.33%) Prometheus
8 1 (0.17%) Ansible
8 1 (0.17%) IBM BigFix
8 1 (0.17%) Red Hat Satellite
Vendors
1 126 (20.79%) Google
2 62 (10.23%) Bloomberg
3 36 (5.94%) Oracle
4 27 (4.46%) Reuters
5 26 (4.29%) FactSet
6 25 (4.13%) Microsoft
7 11 (1.82%) Murex
8 9 (1.49%) Red Hat
8 9 (1.49%) Sybase
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
11 3 (0.50%) ServiceNow
12 2 (0.33%) FXall