Period
to 21 November 2017

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 21 November 2017 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
21 Nov 2017
Same period 2016 Same period 2015
Rank 229 341 222
Rank change year-on-year +112 -119 +12
Contract jobs citing Derivative 1187 736 1277
As % of all contract IT jobs advertised in the UK 1.15% 0.70% 1.12%
As % of the Miscellaneous category 3.42% 2.12% 3.46%
Number of daily rates quoted 882 557 938
UK median daily rate £600 £600 £575
Median daily rate % change year-on-year - +4.35% +3.37%
10th Percentile £450 £425 £413
90th Percentile £750 £725 £713
UK excluding London median daily rate £475 £320 £450
% change year-on-year +48.44% -28.89% +23.29%
Number of hourly rates quoted 2 2 1
UK median hourly rate £45.00 £20.00 £17.00
Median hourly rate % change year-on-year +125.00% +17.65% -33.58%
10th Percentile £42.50 £13.88 £16.00
90th Percentile £47.50 £27.13 £18.00
UK excluding London 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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 34682 34666 36957
As % of all contract IT jobs advertised in the UK 33.63% 33.10% 32.54%
Number of daily rates quoted 23021 22730 23492
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £616
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1016 1189 1465
UK median hourly rate £20.92 £20.67 £19.50
Median hourly rate % change year-on-year +1.22% +6.00% +8.33%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.25
UK excluding London median hourly rate £20.00 £21.00 £19.00
% change year-on-year -4.76% +10.53% +8.57%

Derivative
Job Vacancy Trend

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

Job vacancy trend for Derivative in the UK

Derivative
Contractor Daily Rate Trend

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

Contractor daily rate trend for Derivative in the UK

Derivative
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Derivative over the 6 months to 21 November 2017.

Contractor daily rate histogram for Derivative in the UK

Derivative
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Derivative.

Contractor hourly rate trend for Derivative in the UK

Derivative
Top 13 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 21 November 2017. 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 +110 1152 £600 - 105
London +65 1121 £600 - 100
UK excluding London +26 65 £475 +48.44% 7
Scotland -3 19 £494 +9.72% 1
Northern Ireland -34 16 £475 +13.10% 1
South East -17 15 £494 +58.00% 2
Midlands - 10 £290 -
East Midlands - 9 £290 -
East of England - 3 £575 - 1
North of England +49 1 £160 -68.78%
North West +21 1 £160 -68.78%
South West -9 1 - - 2
West Midlands - 1 £275 -

For the 6 months to 21 November 2017, 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 with a requirement for Derivative.

1 571 (48.10%) Finance
2 507 (42.71%) Front Office
2 507 (42.71%) Banking
3 388 (32.69%) Agile Software Development
4 375 (31.59%) Fixed Income
5 369 (31.09%) Java
6 318 (26.79%) SQL
6 318 (26.79%) Investment Banking
7 306 (25.78%) C#
8 292 (24.60%) Foreign Exchange (FX)
9 269 (22.66%) Equities
10 211 (17.78%) Equity Derivative
11 198 (16.68%) C++
12 179 (15.08%) SQL Server
13 174 (14.66%) Python
14 172 (14.49%) MiFID
15 149 (12.55%) .NET
16 147 (12.38%) OTC Derivatives
17 143 (12.05%) Multithreading
18 141 (11.88%) TDD
19 133 (11.20%) Oracle
20 129 (10.87%) Risk Management
21 124 (10.45%) Business Analysis
22 114 (9.60%) Analytical Skills
23 111 (9.35%) Electronic Trading
23 111 (9.35%) QA
24 108 (9.10%) Analytics
25 107 (9.01%) SDLC
26 102 (8.59%) Relational Database
27 101 (8.51%) Mathematics

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 26 (2.19%) Apache Spark
2 15 (1.26%) CMS
3 14 (1.18%) IIS
4 9 (0.76%) WebSphere
5 8 (0.67%) SharePoint
6 7 (0.59%) Tomcat
7 6 (0.51%) DataSynapse
7 6 (0.51%) Oracle Coherence
8 5 (0.42%) Confluence
8 5 (0.42%) Oracle Workflow
9 3 (0.25%) nginx
9 3 (0.25%) OpenStack
9 3 (0.25%) SharePoint 2013
10 2 (0.17%) Elasticsearch
10 2 (0.17%) MQSeries
11 1 (0.084%) Adobe Experience Manager
11 1 (0.084%) Documentum
11 1 (0.084%) FileNet
11 1 (0.084%) GemFire
11 1 (0.084%) JBoss
Applications
1 97 (8.17%) Microsoft Excel
2 28 (2.36%) Spreadsheet
3 18 (1.52%) Microsoft Office
4 16 (1.35%) MS Visio
5 11 (0.93%) Microsoft Project
6 10 (0.84%) Microsoft PowerPoint
7 4 (0.34%) Adobe Illustrator
7 4 (0.34%) Photoshop
Business Applications
1 15 (1.26%) Summit
2 13 (1.10%) thinkFolio
3 12 (1.01%) Markit EDM
4 8 (0.67%) SunGard GMI
5 5 (0.42%) Global One
5 5 (0.42%) IntelliMatch
5 5 (0.42%) LatentZero
5 5 (0.42%) RMDS
6 4 (0.34%) Eagle PACE
7 3 (0.25%) Bloomberg AIM
7 3 (0.25%) Bloomberg TOMS
7 3 (0.25%) SunGard Martini
8 2 (0.17%) Oracle Subledger Accounting
8 2 (0.17%) Orchestrade
8 2 (0.17%) Salerio
8 2 (0.17%) Sophis RISQUE
9 1 (0.084%) FINCAD Analytics
9 1 (0.084%) Oracle iProcurement
9 1 (0.084%) Oracle Payables
9 1 (0.084%) Oracle Procure-to-Pay
Cloud Services
1 13 (1.10%) PaaS
2 8 (0.67%) GitHub
2 8 (0.67%) npm
3 7 (0.59%) IaaS
3 7 (0.59%) SaaS
4 5 (0.42%) Microsoft Azure
5 4 (0.34%) Amazon AWS
5 4 (0.34%) Office 365
6 2 (0.17%) Cloud Computing
7 1 (0.084%) OpenShift
Communications & Networking
1 8 (0.67%) TCP/IP
2 5 (0.42%) iSCSI
3 3 (0.25%) LDAP
4 2 (0.17%) DHCP
4 2 (0.17%) DNS
4 2 (0.17%) DSL
4 2 (0.17%) Fibre Channel
4 2 (0.17%) FIX Connectivity
4 2 (0.17%) NAS
4 2 (0.17%) SAN
4 2 (0.17%) SMTP
5 1 (0.084%) SMS
Database & Business Intelligence
1 179 (15.08%) SQL Server
2 102 (8.59%) Relational Database
3 74 (6.23%) RDBMS
4 29 (2.44%) NoSQL
5 23 (1.94%) DB2
6 22 (1.85%) Big Data
6 22 (1.85%) KDB
7 21 (1.77%) MySQL
8 20 (1.68%) Data Warehouse
9 17 (1.43%) Hadoop
10 16 (1.35%) Blockchain
11 13 (1.10%) SQL Server Integration Services
11 13 (1.10%) SQL Server Reporting Services
12 8 (0.67%) Kdb+
12 8 (0.67%) MongoDB
13 7 (0.59%) Apache Cassandra
13 7 (0.59%) SQL Server 2008
13 7 (0.59%) SQL Server Analysis Services
14 6 (0.51%) BusinessObjects
14 6 (0.51%) Hazelcast
Development Applications
1 61 (5.14%) Git (software)
2 52 (4.38%) JIRA
3 26 (2.19%) Jenkins
4 22 (1.85%) Visual Studio
5 19 (1.60%) Subversion
6 17 (1.43%) Team Foundation Server
7 16 (1.35%) Maven
7 16 (1.35%) TeamCity
8 14 (1.18%) Robot Framework
9 13 (1.10%) Cucumber
10 9 (0.76%) Selenium
10 9 (0.76%) webpack
11 7 (0.59%) Grunt
11 7 (0.59%) gulp
11 7 (0.59%) ProC
12 5 (0.42%) JUnit
12 5 (0.42%) Mockito
12 5 (0.42%) SonarQube
13 4 (0.34%) Ant
13 4 (0.34%) FitNesse
General
1 571 (48.10%) Finance
2 507 (42.71%) Banking
2 507 (42.71%) Front Office
3 318 (26.79%) Investment Banking
4 53 (4.47%) Back Office
5 44 (3.71%) Financial Institution
6 21 (1.77%) Legal
7 13 (1.10%) German Language
8 8 (0.67%) General Ledger
9 6 (0.51%) Corporate Banking
10 5 (0.42%) Marketing
10 5 (0.42%) Retail
11 4 (0.34%) French Language
11 4 (0.34%) Retail Banking
12 3 (0.25%) Prime Brokerage
12 3 (0.25%) Telecoms
13 2 (0.17%) Billing
13 2 (0.17%) International Banking
13 2 (0.17%) Pharmaceutical
14 1 (0.084%) Wholesale Banking
Job Titles
1 612 (51.56%) Developer
2 384 (32.35%) Analyst
3 252 (21.23%) Business Analyst
4 194 (16.34%) Java Developer
5 155 (13.06%) C# Developer
6 117 (9.86%) Senior Developer
7 101 (8.51%) Front Office Developer
8 77 (6.49%) Python Developer
9 60 (5.05%) C++ Developer
9 60 (5.05%) Senior Java Developer
10 55 (4.63%) Risk Analyst
11 49 (4.13%) Pricing Developer
11 49 (4.13%) Project Manager
11 49 (4.13%) Quantitative Developer
12 45 (3.79%) Qualitative Analyst
12 45 (3.79%) Quantitative Analyst
12 45 (3.79%) SQL Developer
12 45 (3.79%) WPF Developer
13 44 (3.71%) Derivatives Business Analyst
13 44 (3.71%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 149 (12.55%) .NET
2 84 (7.08%) FIX Protocol
2 84 (7.08%) WPF
3 76 (6.40%) HTML
4 73 (6.15%) XML
5 59 (4.97%) AngularJS
6 58 (4.89%) HTML5
7 57 (4.80%) Spring
8 53 (4.47%) WCF
9 49 (4.13%) CSS
10 44 (3.71%) Middleware
11 39 (3.29%) JMS
12 31 (2.61%) .NET Framework
13 28 (2.36%) React
14 24 (2.02%) FpML
14 24 (2.02%) SOAP
14 24 (2.02%) Web Services
15 20 (1.68%) Node.js
16 19 (1.60%) Entity Framework
16 19 (1.60%) WinForms
Miscellaneous
1 375 (31.59%) Fixed Income
2 292 (24.60%) Foreign Exchange (FX)
3 269 (22.66%) Equities
4 211 (17.78%) Equity Derivative
5 147 (12.38%) OTC Derivatives
6 114 (9.60%) Analytical Skills
7 86 (7.25%) Market Risk
8 81 (6.82%) Greenfield Project
9 79 (6.66%) Credit Risk
10 68 (5.73%) Interest Rate Derivative
11 49 (4.13%) Data Structures
12 46 (3.88%) Computer Science
12 46 (3.88%) Credit Derivative
13 32 (2.70%) Fintech
14 30 (2.53%) Algorithms
15 29 (2.44%) User Experience
16 28 (2.36%) Swaptions
17 27 (2.27%) Reference Data
18 16 (1.35%) Virtual Team
19 15 (1.26%) Hedge funds
Operating Systems
1 93 (7.83%) Unix
2 90 (7.58%) Windows
3 80 (6.74%) Linux
4 16 (1.35%) Red Hat Enterprise Linux
5 14 (1.18%) Windows 7
6 12 (1.01%) Solaris
6 12 (1.01%) Windows Server
7 11 (0.93%) CentOS
8 3 (0.25%) SUSE
9 2 (0.17%) Data ONTAP
9 2 (0.17%) Debian
9 2 (0.17%) Windows Server 2003
9 2 (0.17%) Windows Server 2008
Processes & Methodologies
1 388 (32.69%) Agile Software Development
2 143 (12.05%) Multithreading
3 141 (11.88%) TDD
4 129 (10.87%) Risk Management
5 124 (10.45%) Business Analysis
6 111 (9.35%) Electronic Trading
7 108 (9.10%) Analytics
8 107 (9.01%) SDLC
9 101 (8.51%) Mathematics
10 90 (7.58%) Asset Management
11 76 (6.40%) OO
12 71 (5.98%) Stakeholder Management
13 70 (5.90%) Scrum
13 70 (5.90%) Test Automation
13 70 (5.90%) User Acceptance Testing
14 68 (5.73%) Continuous Integration
15 62 (5.22%) Low Latency
16 60 (5.05%) Quantitative Research
17 59 (4.97%) Migration
17 59 (4.97%) Unit Testing
Programming Languages
1 369 (31.09%) Java
2 318 (26.79%) SQL
3 306 (25.78%) C#
4 198 (16.68%) C++
5 174 (14.66%) Python
6 98 (8.26%) VBA
7 88 (7.41%) JavaScript
8 62 (5.22%) Scala
9 36 (3.03%) Perl
10 29 (2.44%) T-SQL
11 24 (2.02%) C
12 22 (1.85%) Haskell
13 19 (1.60%) Bash Shell
14 16 (1.35%) Ada
15 15 (1.26%) PL/SQL
16 14 (1.18%) ES6
16 14 (1.18%) Kotlin
16 14 (1.18%) Shell Script
16 14 (1.18%) TypeScript
16 14 (1.18%) VB.NET
Qualifications
1 69 (5.81%) Degree
2 16 (1.35%) Computer Science Degree
3 12 (1.01%) PMI Certification
4 11 (0.93%) Numerate Degree
5 10 (0.84%) PMP
6 7 (0.59%) ISEB
7 3 (0.25%) CFA
7 3 (0.25%) ITIL Certification
7 3 (0.25%) PhD
8 2 (0.17%) ISTQB
8 2 (0.17%) MBA
9 1 (0.084%) A+ Certification
9 1 (0.084%) IIBA
9 1 (0.084%) Microsoft Certification
9 1 (0.084%) PRINCE2 Certification
Quality Assurance & Compliance
1 172 (14.49%) MiFID
2 111 (9.35%) QA
3 67 (5.64%) EMIR
4 40 (3.37%) Dodd-Frank
5 9 (0.76%) Data Quality
6 6 (0.51%) GDPR
6 6 (0.51%) PMO
6 6 (0.51%) SLA
7 5 (0.42%) Solvency II
8 4 (0.34%) FATCA
8 4 (0.34%) ISO/IEC 27001
9 3 (0.25%) Sarbanes-Oxley
10 2 (0.17%) Basel II
11 1 (0.084%) ISO 20022
11 1 (0.084%) SEPA
11 1 (0.084%) UCITS
System Software
1 28 (2.36%) Docker
2 8 (0.67%) Active Directory
3 7 (0.59%) HDFS
4 5 (0.42%) VMware Infrastructure
5 4 (0.34%) Apache ZooKeeper
6 3 (0.25%) Apache Flume
6 3 (0.25%) Platform Symphony
6 3 (0.25%) VMware NSX
6 3 (0.25%) XenApp
6 3 (0.25%) XenDesktop
7 2 (0.17%) Hyper-V
7 2 (0.17%) NFS
8 1 (0.084%) Oracle RAC
Systems Management
1 16 (1.35%) Control-M
2 13 (1.10%) Ansible
2 13 (1.10%) Opscode Chef
3 11 (0.93%) HP Quality Center
4 9 (0.76%) Data Guard
5 6 (0.51%) Kubernetes
6 5 (0.42%) Puppet
7 4 (0.34%) Mesos
7 4 (0.34%) Nagios
8 3 (0.25%) Oozie
8 3 (0.25%) Red Hat Satellite
9 2 (0.17%) logstash
9 2 (0.17%) NetBackup
9 2 (0.17%) Salt
9 2 (0.17%) SCCM
9 2 (0.17%) vCenter Server
10 1 (0.084%) Kibana
Vendors
1 133 (11.20%) Oracle
2 82 (6.91%) Microsoft
3 56 (4.72%) Murex
4 49 (4.13%) Fidessa
5 39 (3.29%) TIBCO
6 35 (2.95%) Bloomberg
7 34 (2.86%) Charles River
8 32 (2.70%) Sybase
9 18 (1.52%) Atlassian
9 18 (1.52%) Informatica
10 15 (1.26%) Red Hat
11 13 (1.10%) Reuters
12 12 (1.01%) Calypso
12 12 (1.01%) Infragistics
12 12 (1.01%) ION Trading
12 12 (1.01%) Sophis
13 11 (0.93%) DevExpress
13 11 (0.93%) SunGard
14 10 (0.84%) FIS
15 9 (0.76%) Tradeweb