Period
to 14 May 2021

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 14 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
UK
6 months to
14 May 2021
Same period 2020 Same period 2019
Rank 271 276 427
Rank change year-on-year +5 +151 -95
Contract jobs citing Derivative 534 451 519
As % of all contract jobs advertised in the UK 0.93% 0.89% 0.57%
As % of the Miscellaneous category 3.18% 3.13% 2.00%
Number of daily rates quoted 438 393 376
10th Percentile £504 £500 £350
25th Percentile £550 £538 £534
Median daily rate (50th Percentile) £613 £650 £625
Median % change year-on-year -5.77% +4.00% +2.04%
75th Percentile £713 £713 £675
90th Percentile £775 £800 £725
UK excluding London median daily rate £475 £638 £338
% change year-on-year -25.49% +88.89% -21.51%
Number of hourly rates quoted 0 0 3
Median hourly rate - - £25.30
UK excluding London median hourly rate - - £55.00

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 16,778 14,397 25,943
As % of all contract IT jobs advertised in the UK 29.36% 28.55% 28.43%
Number of daily rates quoted 11,258 9,350 17,162
10th Percentile £288 £231 £286
25th Percentile £400 £363 £375
Median daily rate (50th Percentile) £500 £475 £475
Median % change year-on-year +5.26% - +2.70%
75th Percentile £600 £588 £575
90th Percentile £700 £700 £675
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 645 627 857
10th Percentile £12.11 £12.61 £11.80
25th Percentile £16.00 £16.20 £14.00
Median hourly rate £26.00 £22.50 £20.50
Median % change year-on-year +15.56% +9.76% -4.65%
75th Percentile £47.96 £46.33 £43.75
90th Percentile £60.00 £53.75 £50.10
UK excluding London median hourly rate £24.00 £20.11 £18.73
% change year-on-year +19.34% +7.40% -7.80%

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 14 May 2021.

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 14 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
England +35 523 £613 -5.77% 50
London +5 499 £613 -5.77% 50
Work from Home -206 69 £575 -23.33% 5
UK excluding London +57 25 £475 -25.49% 1
East of England - 15 £575 -
North of England +36 4 - -
North West +15 4 - -
Northern Ireland - 4 £475 - 1
South West +40 1 - -
South East +25 1 £450 -29.55%

For the 6 months to 14 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 with a requirement for Derivative.

1 339 (63.48%) Front Office
2 322 (60.30%) Finance
3 226 (42.32%) Python
4 215 (40.26%) Java
5 202 (37.83%) Equities
6 198 (37.08%) Banking
7 196 (36.70%) Agile Software Development
7 196 (36.70%) SQL
8 181 (33.90%) Foreign Exchange (FX)
9 178 (33.33%) Fixed Income
10 169 (31.65%) JavaScript
11 158 (29.59%) Asset Management
12 147 (27.53%) Investment Banking
12 147 (27.53%) Investment Management
13 136 (25.47%) AWS
14 135 (25.28%) Analytics
14 135 (25.28%) C#
15 120 (22.47%) Software Engineering
16 110 (20.60%) React
17 107 (20.04%) AngularJS
18 102 (19.10%) Hedge funds
19 91 (17.04%) C++
19 91 (17.04%) Web Services
20 85 (15.92%) .NET
20 85 (15.92%) Azure
21 82 (15.36%) Equity Derivative
22 74 (13.86%) Requirements Gathering
23 70 (13.11%) Social Skills
24 69 (12.92%) Multithreading
25 68 (12.73%) Low Latency

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 21 (3.93%) OpenStack
2 20 (3.75%) Apache
3 13 (2.43%) Confluence
4 12 (2.25%) Apache Spark
5 8 (1.50%) MQSeries
6 6 (1.12%) JBoss
6 6 (1.12%) Red Hat Fuse
6 6 (1.12%) WebLogic
7 5 (0.94%) DataSynapse
8 3 (0.56%) Oracle Coherence
9 2 (0.37%) Elasticsearch
9 2 (0.37%) Jetty
9 2 (0.37%) Oracle Self-Service HR
9 2 (0.37%) Tomcat
10 1 (0.19%) Apache Airflow
10 1 (0.19%) Oracle Workflow
Applications
1 19 (3.56%) Microsoft Excel
2 2 (0.37%) Microsoft PowerPoint
2 2 (0.37%) MS Visio
3 1 (0.19%) Microsoft Office
3 1 (0.19%) Microsoft Project
Business Applications
1 9 (1.69%) Summit
2 7 (1.31%) Markit EDM
3 4 (0.75%) ION MarketView
4 3 (0.56%) thinkFolio
5 2 (0.37%) Eagle PACE
5 2 (0.37%) Eikon
5 2 (0.37%) FINCAD Analytics
5 2 (0.37%) LatentZero
5 2 (0.37%) LongView
5 2 (0.37%) Orchestrade
5 2 (0.37%) Sparx Enterprise Architect
5 2 (0.37%) Temenos T24
6 1 (0.19%) Bloomberg AIM
6 1 (0.19%) BusinessWorks
6 1 (0.19%) Loan IQ
6 1 (0.19%) PolarLake
Cloud Services
1 136 (25.47%) AWS
2 85 (15.92%) Azure
3 57 (10.67%) GCP
4 27 (5.06%) Amazon EC2
4 27 (5.06%) Amazon S3
4 27 (5.06%) AWS Lambda
4 27 (5.06%) Serverless
5 5 (0.94%) Apigee
5 5 (0.94%) OpenShift
6 2 (0.37%) GitHub
6 2 (0.37%) Power Platform
7 1 (0.19%) Cloud Computing
7 1 (0.19%) IaaS
Communications & Networking
1 21 (3.93%) 3GPP
1 21 (3.93%) SGSN
1 21 (3.93%) Software-Defined Networking
2 10 (1.87%) TCP/IP
3 7 (1.31%) FIX Connectivity
3 7 (1.31%) SSL
4 6 (1.12%) HTTP
5 2 (0.37%) Firewall
5 2 (0.37%) Multicast
5 2 (0.37%) SSH
6 1 (0.19%) iSCSI
Database & Business Intelligence
1 27 (5.06%) Amazon DynamoDB
2 26 (4.87%) SQL Server
3 18 (3.37%) Apache Ignite
4 13 (2.43%) Apache Cassandra
5 12 (2.25%) Relational Database
6 10 (1.87%) Data Warehouse
6 10 (1.87%) Hazelcast
7 8 (1.50%) PostgreSQL
7 8 (1.50%) Redis
8 7 (1.31%) Oracle Database
9 5 (0.94%) MongoDB
10 4 (0.75%) Azure SQL Database
10 4 (0.75%) Data Lake
11 3 (0.56%) Big Data
11 3 (0.56%) Hadoop
11 3 (0.56%) MS Access
11 3 (0.56%) RDBMS
11 3 (0.56%) SQL Server Analysis Services
11 3 (0.56%) Tableau
12 2 (0.37%) Data Mining
Development Applications
1 59 (11.05%) Git (software)
2 52 (9.74%) JIRA
3 28 (5.24%) Bitbucket
4 22 (4.12%) TeamCity
5 17 (3.18%) Artifactory
5 17 (3.18%) Visual Studio
6 15 (2.81%) Jenkins
7 13 (2.43%) Subversion
8 9 (1.69%) Cucumber
8 9 (1.69%) Octopus Deploy
8 9 (1.69%) Selenium
9 7 (1.31%) Maven
10 3 (0.56%) Eclipse
10 3 (0.56%) Gradle
10 3 (0.56%) IntelliJ
10 3 (0.56%) SonarQube
11 2 (0.37%) FishEye
11 2 (0.37%) Leiningen
11 2 (0.37%) Robot Framework
11 2 (0.37%) Vagrant
General
1 339 (63.48%) Front Office
2 322 (60.30%) Finance
3 198 (37.08%) Banking
4 147 (27.53%) Investment Banking
5 70 (13.11%) Social Skills
6 36 (6.74%) Analytical Skills
7 19 (3.56%) Financial Institution
8 18 (3.37%) Back Office
9 9 (1.69%) Telecoms
10 8 (1.50%) Prime Brokerage
10 8 (1.50%) Synthetic Prime Brokerage
11 5 (0.94%) Influencing Skills
11 5 (0.94%) Retail
12 4 (0.75%) Legal
13 2 (0.37%) French Language
13 2 (0.37%) General Ledger
13 2 (0.37%) Private Banking
13 2 (0.37%) Public Sector
14 1 (0.19%) Documentation Skills
14 1 (0.19%) International Banking
Job Titles
1 305 (57.12%) Developer
2 123 (23.03%) Analyst
3 99 (18.54%) Front Office Developer
4 93 (17.42%) Python Developer
5 92 (17.23%) Java Developer
6 66 (12.36%) Business Analyst
7 59 (11.05%) C# Developer
8 58 (10.86%) JavaScript Developer
9 54 (10.11%) Financial Analyst
10 52 (9.74%) Software Engineer
11 51 (9.55%) Developer/Software Engineer
12 43 (8.05%) Investment Banking Java Developer
13 39 (7.30%) SQL Analyst
13 39 (7.30%) SQL Data Analyst
14 35 (6.55%) Python Engineer
14 35 (6.55%) Senior Developer
15 32 (5.99%) Python Software Engineer
16 28 (5.24%) Report Analyst
16 28 (5.24%) Senior Java Developer
17 25 (4.68%) Banking Analyst
Libraries, Frameworks & Software Standards
1 110 (20.60%) React
2 107 (20.04%) AngularJS
3 91 (17.04%) Web Services
4 85 (15.92%) .NET
5 68 (12.73%) Vue.js
6 63 (11.80%) FIX Protocol
7 43 (8.05%) Node.js
7 43 (8.05%) XML
8 28 (5.24%) JSON
9 26 (4.87%) YAML
10 25 (4.68%) Shiny
11 24 (4.49%) .NET Core
11 24 (4.49%) Spring
11 24 (4.49%) WPF
12 21 (3.93%) Spine.js
13 19 (3.56%) GraphQL
13 19 (3.56%) WCF
14 18 (3.37%) ASP.NET
15 17 (3.18%) Kafka
15 17 (3.18%) Spring Boot
Miscellaneous
1 202 (37.83%) Equities
2 181 (33.90%) Foreign Exchange (FX)
3 178 (33.33%) Fixed Income
4 102 (19.10%) Hedge funds
5 82 (15.36%) Equity Derivative
6 51 (9.55%) Data Structures
7 49 (9.18%) Greenfield Project
8 34 (6.37%) Credit Risk
9 22 (4.12%) Interest Rate Derivative
10 21 (3.93%) Data Centre
11 20 (3.75%) Market Risk
12 17 (3.18%) SWIFT
13 16 (3.00%) Credit Derivative
14 14 (2.62%) OTC Derivatives
15 13 (2.43%) Algorithms
15 13 (2.43%) Cloud Native
16 8 (1.50%) Management Information System
17 6 (1.12%) User Experience
18 4 (0.75%) Energy Derivatives
18 4 (0.75%) Virtual Team
Operating Systems
1 26 (4.87%) Linux
2 20 (3.75%) Unix
3 9 (1.69%) Windows
4 3 (0.56%) Red Hat Enterprise Linux
5 2 (0.37%) Android
5 2 (0.37%) Apple iOS
5 2 (0.37%) CentOS
5 2 (0.37%) Debian
5 2 (0.37%) Mac OS X
5 2 (0.37%) Ubuntu
Processes & Methodologies
1 196 (36.70%) Agile Software Development
2 158 (29.59%) Asset Management
3 147 (27.53%) Investment Management
4 135 (25.28%) Analytics
5 120 (22.47%) Software Engineering
6 74 (13.86%) Requirements Gathering
7 69 (12.92%) Multithreading
8 68 (12.73%) Low Latency
9 61 (11.42%) Electronic Trading
10 56 (10.49%) Microservices
11 54 (10.11%) TDD
12 53 (9.93%) Dashboard Development
12 53 (9.93%) Performance Tuning
13 51 (9.55%) Portfolio Management
14 42 (7.87%) DevOps
15 38 (7.12%) Algorithmic Trading
15 38 (7.12%) Business Analysis
15 38 (7.12%) Multithreaded Programming
16 35 (6.55%) Memory Management
17 34 (6.37%) Test Automation
Programming Languages
1 226 (42.32%) Python
2 215 (40.26%) Java
3 196 (36.70%) SQL
4 169 (31.65%) JavaScript
5 135 (25.28%) C#
6 91 (17.04%) C++
7 66 (12.36%) Kotlin
8 65 (12.17%) TypeScript
9 60 (11.24%) Scala
10 26 (4.87%) R
11 18 (3.37%) PL/SQL
12 17 (3.18%) Perl
13 13 (2.43%) VBA
14 10 (1.87%) Haskell
15 8 (1.50%) Clojure
16 7 (1.31%) Java 8
17 6 (1.12%) Go
17 6 (1.12%) T-SQL
18 4 (0.75%) PHP
18 4 (0.75%) VB
Qualifications
1 26 (4.87%) Degree
2 6 (1.12%) Security Cleared
3 5 (0.94%) Computer Science Degree
4 4 (0.75%) SC Cleared
5 2 (0.37%) DV Cleared
5 2 (0.37%) PRINCE2 Certification
6 1 (0.19%) ACCA
6 1 (0.19%) CFA
6 1 (0.19%) Master's Degree
6 1 (0.19%) Numerate Degree
Quality Assurance & Compliance
1 21 (3.93%) OASIS TOSCA
2 9 (1.69%) MiFID
3 4 (0.75%) PMO
4 3 (0.56%) CRD IV
4 3 (0.56%) EMIR
4 3 (0.56%) IFRS
4 3 (0.56%) QA
5 2 (0.37%) Basel III
5 2 (0.37%) Data Quality
6 1 (0.19%) AIFMD
6 1 (0.19%) COREP
6 1 (0.19%) Dodd-Frank
6 1 (0.19%) GDPR
6 1 (0.19%) ISO/IEC 27001
System Software
1 47 (8.80%) Docker
2 21 (3.93%) KVM
2 21 (3.93%) LXC
2 21 (3.93%) VMware ESXi
3 1 (0.19%) Active Directory
3 1 (0.19%) Platform Symphony
3 1 (0.19%) VMware Infrastructure
3 1 (0.19%) VMware NSX
3 1 (0.19%) XenApp
3 1 (0.19%) XenDesktop
Systems Management
1 42 (7.87%) Kubernetes
2 21 (3.93%) Cloudify
2 21 (3.93%) Docker Swarm
2 21 (3.93%) Grafana
2 21 (3.93%) Juju
2 21 (3.93%) Prometheus
3 12 (2.25%) Terraform
4 4 (0.75%) ITRS Geneos
5 3 (0.56%) Ansible
5 3 (0.56%) Puppet
6 2 (0.37%) Control-M
6 2 (0.37%) Salt
7 1 (0.19%) BladeLogic
7 1 (0.19%) Red Hat Satellite
Vendors
1 30 (5.62%) Oracle
2 28 (5.24%) Bloomberg
2 28 (5.24%) Red Hat
3 21 (3.93%) Cisco
3 21 (3.93%) Ericsson
3 21 (3.93%) Juniper
3 21 (3.93%) Mirantis
4 13 (2.43%) Atlassian
5 10 (1.87%) Murex
6 8 (1.50%) Charles River
6 8 (1.50%) Microsoft
7 7 (1.31%) Citrix
7 7 (1.31%) IBM
8 6 (1.12%) Axway
8 6 (1.12%) Google
8 6 (1.12%) MuleSoft
8 6 (1.12%) Sparx
8 6 (1.12%) Sybase
8 6 (1.12%) TIBCO
9 5 (0.94%) SimCorp