Period
to 2 March 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 2 March 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
2 Mar 2021
Same period 2020 Same period 2019
Rank 230 310 381
Rank change year-on-year +80 +71 -82
Contract jobs citing Derivative 538 529 666
As % of all contract jobs advertised in the UK 1.12% 0.80% 0.68%
As % of the Miscellaneous category 3.33% 2.52% 2.13%
Number of daily rates quoted 485 384 503
Median daily rate £600 £650 £635
Median daily rate % change year-on-year -7.69% +2.36% +5.83%
10th Percentile £438 £488 £425
90th Percentile £800 £800 £763
UK excluding London median daily rate £431 £590 £339
% change year-on-year -26.95% +74.17% -21.22%
Number of hourly rates quoted 0 0 4
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 16,146 21,002 31,252
As % of all contract IT jobs advertised in the UK 33.59% 31.57% 31.88%
Number of daily rates quoted 10,791 13,594 20,810
Median daily rate £475 £463 £475
Median daily rate % change year-on-year +2.70% -2.63% +5.56%
10th Percentile £256 £230 £275
90th Percentile £688 £675 £663
UK excluding London median daily rate £420 £425 £425
% change year-on-year -1.18% - +6.25%
Number of hourly rates quoted 660 895 991
Median hourly rate £26.00 £22.50 £20.25
Median hourly rate % change year-on-year +15.56% +11.14% -3.60%
10th Percentile £12.45 £12.44 £11.85
90th Percentile £58.75 £53.00 £48.75
Median hourly rate £23.81 £20.50 £20.00
% change year-on-year +16.16% +2.50% -

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 2 March 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 8 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 2 March 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 +89 524 £600 -7.69% 68
London +47 511 £600 -7.69% 64
Work from Home -183 55 £600 -20.00% 12
UK excluding London +137 11 £431 -26.95% 4
East of England - 6 - -
North of England +82 4 - - 1
North West - 4 - - 1
Northern Ireland +11 1 £431 -6.30%

For the 6 months to 2 March 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.

1 393 (73.05%) Front Office
2 369 (68.59%) Finance
3 290 (53.90%) Python
4 287 (53.35%) Java
5 272 (50.56%) Equities
6 255 (47.40%) Fixed Income
7 241 (44.80%) JavaScript
8 225 (41.82%) Asset Management
9 224 (41.64%) Agile Software Development
10 204 (37.92%) AWS
11 201 (37.36%) Foreign Exchange (FX)
12 197 (36.62%) Software Engineering
13 184 (34.20%) Web Services
14 183 (34.01%) Investment Management
15 176 (32.71%) React
16 171 (31.78%) SQL
17 161 (29.93%) Hedge funds
18 155 (28.81%) Banking
19 147 (27.32%) AngularJS
20 121 (22.49%) Analytics
21 117 (21.75%) Vue.js
22 115 (21.38%) Kotlin
23 114 (21.19%) Investment Banking
24 99 (18.40%) C#
25 82 (15.24%) C++
25 82 (15.24%) Node.js
26 80 (14.87%) Azure
27 78 (14.50%) Scala
28 71 (13.20%) TypeScript
29 69 (12.83%) Equity Derivative

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 64 (11.90%) Apache
2 36 (6.69%) Apache Spark
3 11 (2.04%) OpenStack
4 10 (1.86%) Confluence
4 10 (1.86%) Tomcat
5 9 (1.67%) JBoss
5 9 (1.67%) MQSeries
5 9 (1.67%) Red Hat Fuse
5 9 (1.67%) WebLogic
6 5 (0.93%) Elasticsearch
6 5 (0.93%) Jetty
6 5 (0.93%) Oracle Self-Service HR
7 1 (0.19%) DataSynapse
Applications
1 16 (2.97%) Microsoft Excel
2 3 (0.56%) Spreadsheet
3 2 (0.37%) Microsoft PowerPoint
3 2 (0.37%) MS Visio
4 1 (0.19%) Adobe XD
4 1 (0.19%) Microsoft Project
Business Applications
1 7 (1.30%) Markit EDM
2 5 (0.93%) Eagle PACE
2 5 (0.93%) Sparx Enterprise Architect
3 4 (0.74%) FINCAD Analytics
4 3 (0.56%) ION MarketView
5 2 (0.37%) Eikon
5 2 (0.37%) Temenos T24
6 1 (0.19%) Bloomberg AIM
6 1 (0.19%) BusinessWorks
6 1 (0.19%) LatentZero
6 1 (0.19%) LongView
6 1 (0.19%) PolarLake
6 1 (0.19%) thinkFolio
Cloud Services
1 204 (37.92%) AWS
2 80 (14.87%) Azure
3 63 (11.71%) GCP
3 63 (11.71%) Serverless
4 62 (11.52%) AWS Lambda
5 61 (11.34%) Amazon EC2
5 61 (11.34%) Amazon S3
6 1 (0.19%) Amazon SQS
6 1 (0.19%) npm
6 1 (0.19%) OpenShift
6 1 (0.19%) Yarn
Communications & Networking
1 11 (2.04%) 3GPP
1 11 (2.04%) FIX Connectivity
1 11 (2.04%) SGSN
1 11 (2.04%) Software-Defined Networking
2 5 (0.93%) SSH
3 3 (0.56%) TCP/IP
4 2 (0.37%) HTTP
Database & Business Intelligence
1 61 (11.34%) Amazon DynamoDB
2 58 (10.78%) Apache Ignite
3 29 (5.39%) SQL Server
4 14 (2.60%) Apache Cassandra
5 11 (2.04%) MongoDB
5 11 (2.04%) Oracle Database
6 9 (1.67%) PostgreSQL
7 8 (1.49%) SQL Server Analysis Services
8 6 (1.12%) NoSQL
9 5 (0.93%) Data Mart
9 5 (0.93%) Data Warehouse
9 5 (0.93%) Hadoop
9 5 (0.93%) MySQL
9 5 (0.93%) Redis
10 4 (0.74%) Data Mining
11 3 (0.56%) Hazelcast
11 3 (0.56%) Relational Database
11 3 (0.56%) Tableau
12 2 (0.37%) Data Lake
12 2 (0.37%) RDBMS
Development Applications
1 46 (8.55%) Git (software)
2 36 (6.69%) JIRA
3 16 (2.97%) Bitbucket
3 16 (2.97%) Maven
4 15 (2.79%) Artifactory
5 12 (2.23%) Subversion
6 11 (2.04%) Cucumber
6 11 (2.04%) Selenium
7 10 (1.86%) Octopus Deploy
8 8 (1.49%) TeamCity
9 7 (1.30%) Eclipse
9 7 (1.30%) Gradle
9 7 (1.30%) IntelliJ
9 7 (1.30%) Jenkins
9 7 (1.30%) Visual Studio
10 5 (0.93%) Ant
10 5 (0.93%) ClearCase
10 5 (0.93%) FishEye
10 5 (0.93%) RStudio
10 5 (0.93%) Vagrant
General
1 393 (73.05%) Front Office
2 369 (68.59%) Finance
3 155 (28.81%) Banking
4 114 (21.19%) Investment Banking
5 14 (2.60%) Back Office
6 9 (1.67%) Prime Brokerage
6 9 (1.67%) Synthetic Prime Brokerage
7 6 (1.12%) Telecoms
8 3 (0.56%) Financial Institution
8 3 (0.56%) International Banking
8 3 (0.56%) Private Banking
8 3 (0.56%) Public Sector
9 2 (0.37%) Advertising
9 2 (0.37%) Legal
9 2 (0.37%) Marketing
9 2 (0.37%) Retail
10 1 (0.19%) Corporate Banking
10 1 (0.19%) General Ledger
Job Titles
1 337 (62.64%) Developer
2 134 (24.91%) Software Engineer
3 133 (24.72%) Developer/Software Engineer
4 121 (22.49%) Python Developer
5 117 (21.75%) Analyst
6 95 (17.66%) JavaScript Developer
7 86 (15.99%) Java Developer
8 81 (15.06%) Front Office Developer
9 70 (13.01%) Python Engineer
9 70 (13.01%) Python Software Engineer
10 63 (11.71%) Business Analyst
11 52 (9.67%) Financial Analyst
12 51 (9.48%) JavaScript Engineer
13 31 (5.76%) SQL Analyst
13 31 (5.76%) SQL Data Analyst
14 30 (5.58%) C# Developer
15 28 (5.20%) Investment Banking Java Developer
16 26 (4.83%) Senior Developer
17 24 (4.46%) Data Analyst
17 24 (4.46%) Software Developer
Libraries, Frameworks & Software Standards
1 184 (34.20%) Web Services
2 176 (32.71%) React
3 147 (27.32%) AngularJS
4 117 (21.75%) Vue.js
5 82 (15.24%) Node.js
6 55 (10.22%) .NET
7 51 (9.48%) FIX Protocol
8 36 (6.69%) gRPC
8 36 (6.69%) Protocol Buffers
9 34 (6.32%) XML
10 26 (4.83%) Shiny
11 21 (3.90%) JSON
12 19 (3.53%) .NET Core
13 18 (3.35%) Kafka
14 15 (2.79%) Spring
15 13 (2.42%) ASP.NET
15 13 (2.42%) ASP.NET Web API
15 13 (2.42%) Hibernate
15 13 (2.42%) WPF
16 12 (2.23%) ASP.NET Core
Miscellaneous
1 272 (50.56%) Equities
2 255 (47.40%) Fixed Income
3 201 (37.36%) Foreign Exchange (FX)
4 161 (29.93%) Hedge funds
5 69 (12.83%) Equity Derivative
6 39 (7.25%) Analytical Skills
7 35 (6.51%) Credit Derivative
7 35 (6.51%) Greenfield Project
8 24 (4.46%) Credit Risk
9 23 (4.28%) Data Structures
10 20 (3.72%) Market Risk
11 17 (3.16%) Blog
12 15 (2.79%) SWIFT
13 12 (2.23%) OTC Derivatives
13 12 (2.23%) User Experience
14 11 (2.04%) Data Centre
15 10 (1.86%) Energy Derivatives
16 9 (1.67%) Grid Computing
17 7 (1.30%) Self-Motivation
18 6 (1.12%) CUDA
Operating Systems
1 22 (4.09%) Linux
2 15 (2.79%) Unix
3 7 (1.30%) Windows
4 5 (0.93%) Android
4 5 (0.93%) Apple iOS
4 5 (0.93%) CentOS
4 5 (0.93%) Debian
4 5 (0.93%) Mac OS X
4 5 (0.93%) Red Hat Enterprise Linux
4 5 (0.93%) Ubuntu
5 1 (0.19%) Solaris
Processes & Methodologies
1 225 (41.82%) Asset Management
2 224 (41.64%) Agile Software Development
3 197 (36.62%) Software Engineering
4 183 (34.01%) Investment Management
5 121 (22.49%) Analytics
6 63 (11.71%) Requirements Gathering
7 61 (11.34%) Electronic Trading
8 59 (10.97%) Multithreading
8 59 (10.97%) Portfolio Management
9 57 (10.59%) Low Latency
10 45 (8.36%) Dashboard Development
10 45 (8.36%) Microservices
11 40 (7.43%) TDD
12 39 (7.25%) Open Source
13 38 (7.06%) Business Analysis
13 38 (7.06%) Test Automation
14 37 (6.88%) Performance Attribution
15 34 (6.32%) Problem-Solving
15 34 (6.32%) Scrum
16 33 (6.13%) Migration
Programming Languages
1 290 (53.90%) Python
2 287 (53.35%) Java
3 241 (44.80%) JavaScript
4 171 (31.78%) SQL
5 115 (21.38%) Kotlin
6 99 (18.40%) C#
7 82 (15.24%) C++
8 78 (14.50%) Scala
9 71 (13.20%) TypeScript
10 30 (5.58%) R
11 27 (5.02%) Clojure
12 13 (2.42%) PL/SQL
13 12 (2.23%) VBA
14 9 (1.67%) Perl
14 9 (1.67%) T-SQL
15 8 (1.49%) Haskell
16 6 (1.12%) C
17 5 (0.93%) Bash Shell
17 5 (0.93%) Groovy
17 5 (0.93%) Ruby
Qualifications
1 23 (4.28%) Degree
2 9 (1.67%) Security Cleared
3 5 (0.93%) DV Cleared
4 4 (0.74%) PhD
4 4 (0.74%) SC Cleared
5 3 (0.56%) Numerate Degree
6 1 (0.19%) CFA
Quality Assurance & Compliance
1 11 (2.04%) OASIS TOSCA
2 7 (1.30%) Data Quality
3 5 (0.93%) GDPR
3 5 (0.93%) MiFID
4 3 (0.56%) Dodd-Frank
4 3 (0.56%) EMIR
4 3 (0.56%) QA
5 2 (0.37%) COREP
5 2 (0.37%) IFRS
5 2 (0.37%) PMO
6 1 (0.19%) CRD IV
System Software
1 55 (10.22%) Docker
2 11 (2.04%) KVM
2 11 (2.04%) LXC
2 11 (2.04%) VMware ESXi
3 1 (0.19%) Platform Symphony
Systems Management
1 49 (9.11%) Kubernetes
2 36 (6.69%) Terraform
3 11 (2.04%) Cloudify
3 11 (2.04%) Docker Swarm
3 11 (2.04%) Grafana
3 11 (2.04%) Juju
3 11 (2.04%) Prometheus
4 7 (1.30%) ITRS Geneos
5 5 (0.93%) Puppet
5 5 (0.93%) Salt
5 5 (0.93%) Tivoli
6 2 (0.37%) Control-M
7 1 (0.19%) BladeLogic
Vendors
1 54 (10.04%) Bloomberg
2 21 (3.90%) Oracle
3 20 (3.72%) Red Hat
4 15 (2.79%) Murex
5 14 (2.60%) Atlassian
6 11 (2.04%) Cisco
6 11 (2.04%) Ericsson
6 11 (2.04%) Google
6 11 (2.04%) Juniper
6 11 (2.04%) Mirantis
7 9 (1.67%) Axway
7 9 (1.67%) MuleSoft
7 9 (1.67%) Sparx
7 9 (1.67%) Sybase
8 7 (1.30%) Reuters
9 5 (0.93%) Cloudera
9 5 (0.93%) FactSet
9 5 (0.93%) Hortonworks
9 5 (0.93%) Solace
10 4 (0.74%) Microsoft