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 3 months to 22 June 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
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 223 308 238
Rank change year-on-year +85 -70  
Contract jobs citing Derivative 517 404 551
As % of all contract IT jobs advertised in the UK 1.10% 0.75% 0.98%
As % of the Miscellaneous category 3.33% 2.25% 3.09%
Number of daily rates quoted 359 323 410
Median daily rate £580 £550 £575
Median daily rate % change year-on-year +5.45% -4.34%  
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £700 £675 £675
UK excluding London median daily rate £500 £320 £425
% change year-on-year +56.25% -24.70%  
Number of hourly rates quoted 1 2 0
Median hourly rate £52.50 £65.00 -
Median hourly rate % change year-on-year -19.23% -  
UK excluding London median hourly rate - - -

Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Generic IT Skills
UK
Contract job vacancies with a requirement for generic IT skills 15523 17976 17815
As % of all contract IT job vacancies advertised in the UK 33.12% 33.34% 31.69%
Number of daily rates quoted 10081 11797 11169
Median daily rate £450 £425 £423
Median daily rate % change year-on-year +5.88% +0.59%  
90% offered a daily rate of more than £275 £260 £250
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.02% +3.53%  
Number of hourly rates quoted 497 589 658
Median hourly rate £22.50 £22.50 £19.00
Median hourly rate % change year-on-year - +18.42%  
90% offered a hourly rate of more than £12.00 £12.50 £12.10
10% offered a hourly rate of more than £50.00 £47.39 £47.33
UK excluding London median hourly rate £25.00 £22.75 £18.69
% change year-on-year +9.89% +21.72%  

Derivative
Job Vacancy Trend

The job posting trend of jobs advertised citing Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 22 June 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 21 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 3 months to 22 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +71 498 £588 +6.81% 104
London +38 483 £588 +4.44% 100
City of London -3 93 £588 +8.04% 23
South East +10 11 £500 +68.06% 3
Belfast -32 10 £389 -
County Antrim -35 10 £389 -
Northern Ireland -38 10 £389 -
Scotland +34 8 £513 +28.12% 13
Hampshire -4 7 - - 2
Basingstoke - 7 - - 2
Edinburgh - 5 £500 -
Glasgow +6 3 £525 +31.25% 13
Docklands, London -2 3 £575 -
Surrey - 3 £500 -
Canary Wharf -1 2 £665 +10.83%
Mayfair - 2 £1,025 -
Cheshire - 2 £500 -
Chester - 2 £500 -
North West - 2 £500 -
Home Counties - 1 - -
Camberley - 1 £475 -

For the 6 months to 22 June 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.

1 416 (46.02%) Finance
2 393 (43.47%) Banking
3 392 (43.36%) Front Office
4 302 (33.41%) Fixed Income
5 282 (31.19%) Java
6 280 (30.97%) Foreign Exchange (FX)
7 264 (29.20%) Agile Software Development
8 242 (26.77%) Investment Banking
9 237 (26.22%) SQL
10 213 (23.56%) C#
11 208 (23.01%) Equities
12 185 (20.46%) Equity Derivative
13 143 (15.82%) MiFID
14 136 (15.04%) Unix
15 120 (13.27%) C++
16 118 (13.05%) Python
17 115 (12.72%) OTC Derivatives
18 111 (12.28%) Multithreading
19 105 (11.62%) Oracle
20 104 (11.50%) SQL Server
21 101 (11.17%) Business Analysis
21 101 (11.17%) Analytical Skills
22 99 (10.95%) .NET
23 98 (10.84%) TDD
24 90 (9.96%) Risk Management
25 86 (9.51%) OO
26 85 (9.40%) Degree
27 84 (9.29%) JavaScript
28 83 (9.18%) Murex
29 78 (8.63%) Perl

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 16 (1.77%) CMS
2 9 (1.00%) Apache Spark
3 8 (0.88%) WebSphere
4 7 (0.77%) Confluence
4 7 (0.77%) DataSynapse
4 7 (0.77%) Oracle Coherence
4 7 (0.77%) Oracle Workflow
5 6 (0.66%) WebLogic
6 5 (0.55%) Elasticsearch
6 5 (0.55%) MQSeries
7 4 (0.44%) Apache
7 4 (0.44%) SharePoint
7 4 (0.44%) Tomcat
8 3 (0.33%) IIS
8 3 (0.33%) Oracle SOA Suite
9 2 (0.22%) GemFire
9 2 (0.22%) JBoss
9 2 (0.22%) WebLogic Integration
9 2 (0.22%) WebLogic Portal
9 2 (0.22%) WebSphere Application Server
Applications
1 72 (7.96%) Microsoft Excel
2 20 (2.21%) Spreadsheet
3 13 (1.44%) Microsoft Office
4 12 (1.33%) Microsoft PowerPoint
5 8 (0.88%) MS Visio
6 7 (0.77%) Microsoft Project
7 4 (0.44%) Adobe Illustrator
7 4 (0.44%) Photoshop
8 3 (0.33%) AutoCAD
Business Applications
1 14 (1.55%) Summit
2 11 (1.22%) Global One
2 11 (1.22%) thinkFolio
3 5 (0.55%) Endur
3 5 (0.55%) Sophis RISQUE
4 4 (0.44%) IntelliMatch
4 4 (0.44%) LatentZero
4 4 (0.44%) Loan IQ
4 4 (0.44%) Markit EDM
4 4 (0.44%) Murex MxG2000
4 4 (0.44%) Orchestrade
5 3 (0.33%) Minerva
5 3 (0.33%) RMDS
5 3 (0.33%) SimCorp Dimension
5 3 (0.33%) SunGard Martini
6 2 (0.22%) Bloomberg AIM
6 2 (0.22%) Eagle PACE
6 2 (0.22%) Oracle BPM
7 1 (0.11%) Actimize
7 1 (0.11%) Bloomberg TOMS
Cloud Services
1 4 (0.44%) GitHub
2 3 (0.33%) Microsoft Azure
3 2 (0.22%) PaaS
4 1 (0.11%) Amazon AWS
4 1 (0.11%) OpenShift
Communications & Networking
1 9 (1.00%) TCP/IP
2 6 (0.66%) DHCP
2 6 (0.66%) DNS
2 6 (0.66%) iSCSI
2 6 (0.66%) LDAP
2 6 (0.66%) NAS
2 6 (0.66%) SAN
2 6 (0.66%) SMTP
3 5 (0.55%) Fibre Channel
4 4 (0.44%) DSL
5 3 (0.33%) Ethernet
5 3 (0.33%) FIX Connectivity
5 3 (0.33%) LAN
5 3 (0.33%) Structured Cabling
5 3 (0.33%) WAN
6 2 (0.22%) FTP
7 1 (0.11%) HTTPS
7 1 (0.11%) PuTTY
Database & Business Intelligence
1 104 (11.50%) SQL Server
2 57 (6.31%) Relational Database
3 28 (3.10%) RDBMS
4 27 (2.99%) Big Data
5 25 (2.77%) KDB
6 24 (2.65%) DB2
7 23 (2.54%) Data Warehouse
8 19 (2.10%) Data Mart
9 18 (1.99%) Hadoop
10 16 (1.77%) Oracle Database
11 13 (1.44%) Hazelcast
12 11 (1.22%) BusinessObjects
13 10 (1.11%) Apache Cassandra
13 10 (1.11%) SQL Server 2008
14 9 (1.00%) Kdb+
14 9 (1.00%) NoSQL
14 9 (1.00%) SQL Server Analysis Services
15 8 (0.88%) MySQL
15 8 (0.88%) PostgreSQL
16 6 (0.66%) BusinessObjects XI
Development Applications
1 38 (4.20%) JIRA
2 27 (2.99%) Jenkins
3 21 (2.32%) Git (software)
4 13 (1.44%) Maven
4 13 (1.44%) Team Foundation Server
5 12 (1.33%) TeamCity
6 11 (1.22%) Subversion
6 11 (1.22%) webpack
7 9 (1.00%) JUnit
8 8 (0.88%) Gradle
9 7 (0.77%) NUnit
9 7 (0.77%) Selenium
10 6 (0.66%) Hudson
10 6 (0.66%) Robot Framework
10 6 (0.66%) Toad
11 5 (0.55%) Ant
11 5 (0.55%) Moq
12 4 (0.44%) Axure RP
12 4 (0.44%) HP UFT
12 4 (0.44%) Rhino Mocks
General
1 416 (46.02%) Finance
2 393 (43.47%) Banking
3 392 (43.36%) Front Office
4 242 (26.77%) Investment Banking
5 58 (6.42%) Back Office
6 34 (3.76%) Financial Institution
7 25 (2.77%) Legal
8 9 (1.00%) General Ledger
8 9 (1.00%) German Language
9 8 (0.88%) Prime Brokerage
10 5 (0.55%) Corporate Banking
10 5 (0.55%) French Language
10 5 (0.55%) Retail
11 3 (0.33%) Telecoms
12 2 (0.22%) Advertising
12 2 (0.22%) Marketing
12 2 (0.22%) Retail Banking
12 2 (0.22%) Wholesale Banking
13 1 (0.11%) Japanese Language
13 1 (0.11%) Private Banking
Job Titles
1 487 (53.87%) Developer
2 275 (30.42%) Analyst
3 206 (22.79%) Business Analyst
4 162 (17.92%) Java Developer
5 122 (13.50%) C# Developer
6 86 (9.51%) Senior Developer
7 85 (9.40%) Front Office Developer
8 58 (6.42%) C++ Developer
9 56 (6.19%) Derivatives Business Analyst
10 51 (5.64%) Project Manager
11 50 (5.53%) Senior Java Developer
12 45 (4.98%) Python Developer
13 40 (4.42%) .NET Developer
13 40 (4.42%) SQL Developer
14 37 (4.09%) JavaScript Developer
15 36 (3.98%) Investment Banking Business Analyst
15 36 (3.98%) MiFID Business Analyst
16 33 (3.65%) Support Analyst
17 32 (3.54%) C# .NET Developer
18 31 (3.43%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 99 (10.95%) .NET
2 75 (8.30%) HTML
3 67 (7.41%) Spring
4 65 (7.19%) HTML5
5 62 (6.86%) XML
6 51 (5.64%) AngularJS
7 47 (5.20%) WPF
8 43 (4.76%) Middleware
9 40 (4.42%) FIX Protocol
10 33 (3.65%) JMS
11 32 (3.54%) CSS
12 29 (3.21%) FpML
12 29 (3.21%) Murex MxML
12 29 (3.21%) SOAP
13 28 (3.10%) WCF
14 25 (2.77%) Node.js
15 24 (2.65%) React
16 23 (2.54%) Web Services
17 22 (2.43%) RESTful
17 22 (2.43%) STL
Miscellaneous
1 302 (33.41%) Fixed Income
2 280 (30.97%) Foreign Exchange (FX)
3 208 (23.01%) Equities
4 185 (20.46%) Equity Derivative
5 115 (12.72%) OTC Derivatives
6 101 (11.17%) Analytical Skills
7 66 (7.30%) Interest Rate Derivative
8 65 (7.19%) Computer Science
9 48 (5.31%) Credit Derivative
10 47 (5.20%) Data Structures
11 44 (4.87%) Algorithms
12 43 (4.76%) Greenfield Project
13 40 (4.42%) Market Risk
14 32 (3.54%) Credit Risk
15 30 (3.32%) Grid Computing
16 27 (2.99%) Fintech
16 27 (2.99%) Hedge funds
17 23 (2.54%) Reference Data
18 22 (2.43%) Swaptions
19 19 (2.10%) User Experience
Operating Systems
1 136 (15.04%) Unix
2 72 (7.96%) Linux
3 62 (6.86%) Windows
4 7 (0.77%) Red Hat Enterprise Linux
4 7 (0.77%) Solaris
4 7 (0.77%) Windows 7
5 6 (0.66%) CentOS
6 5 (0.55%) Data ONTAP
7 4 (0.44%) Windows Server
8 1 (0.11%) Android
8 1 (0.11%) Apple iOS
8 1 (0.11%) Windows Server 2003
8 1 (0.11%) Windows Server 2012
Processes & Methodologies
1 264 (29.20%) Agile Software Development
2 111 (12.28%) Multithreading
3 101 (11.17%) Business Analysis
4 98 (10.84%) TDD
5 90 (9.96%) Risk Management
6 86 (9.51%) OO
7 77 (8.52%) Electronic Trading
8 74 (8.19%) Analytics
9 72 (7.96%) Continuous Integration
9 72 (7.96%) Scrum
10 70 (7.74%) Mathematics
11 61 (6.75%) Project Management
11 61 (6.75%) SDLC
12 60 (6.64%) Workflow
13 59 (6.53%) Asset Management
14 55 (6.08%) Change Management
15 52 (5.75%) Stakeholder Management
16 50 (5.53%) Migration
17 49 (5.42%) Investment Management
18 43 (4.76%) Test Automation
Programming Languages
1 282 (31.19%) Java
2 237 (26.22%) SQL
3 213 (23.56%) C#
4 120 (13.27%) C++
5 118 (13.05%) Python
6 84 (9.29%) JavaScript
7 78 (8.63%) Perl
8 61 (6.75%) Scala
9 56 (6.19%) VBA
10 45 (4.98%) Shell Script
11 21 (2.32%) PL/SQL
12 16 (1.77%) T-SQL
13 15 (1.66%) C
14 11 (1.22%) ES6
15 9 (1.00%) TypeScript
15 9 (1.00%) VB.NET
16 8 (0.88%) Bash Shell
17 7 (0.77%) PowerShell
18 6 (0.66%) Korn
19 3 (0.33%) Haskell
Qualifications
1 85 (9.40%) Degree
2 41 (4.54%) Computer Science Degree
3 17 (1.88%) Numerate Degree
4 15 (1.66%) PMI Certification
5 10 (1.11%) CFA
5 10 (1.11%) PMP
6 8 (0.88%) ISEB
7 6 (0.66%) PhD
8 4 (0.44%) ISTQB
8 4 (0.44%) Master's Degree
9 3 (0.33%) MBA
9 3 (0.33%) PRINCE2 Certification
9 3 (0.33%) SC Cleared
9 3 (0.33%) Security Cleared
10 2 (0.22%) DV Cleared
10 2 (0.22%) IIBA
10 2 (0.22%) ITIL Certification
11 1 (0.11%) A+ Certification
11 1 (0.11%) Brainbench
11 1 (0.11%) CAPM
Quality Assurance & Compliance
1 143 (15.82%) MiFID
2 59 (6.53%) EMIR
3 40 (4.42%) Dodd-Frank
4 29 (3.21%) QA
5 10 (1.11%) Data Quality
6 5 (0.55%) PMO
7 3 (0.33%) JSP 440
7 3 (0.33%) Solvency II
8 2 (0.22%) FATCA
8 2 (0.22%) FINREP
9 1 (0.11%) Basel III
9 1 (0.11%) CRD IV
9 1 (0.11%) IFRS
9 1 (0.11%) ISO 20022
9 1 (0.11%) Sarbanes-Oxley
9 1 (0.11%) SLA
System Software
1 8 (0.88%) HDFS
2 7 (0.77%) Platform Symphony
2 7 (0.77%) VMware Infrastructure
3 6 (0.66%) Active Directory
3 6 (0.66%) Hyper-V
4 5 (0.55%) NFS
5 4 (0.44%) Docker
6 3 (0.33%) Virtual Machines
7 1 (0.11%) Oracle RAC
Systems Management
1 12 (1.33%) Control-M
2 8 (0.88%) Puppet
3 6 (0.66%) Ansible
3 6 (0.66%) Nagios
3 6 (0.66%) NetBackup
3 6 (0.66%) Opscode Chef
3 6 (0.66%) Salt
3 6 (0.66%) vCenter Server
4 3 (0.33%) HP Quality Center
4 3 (0.33%) Kubernetes
4 3 (0.33%) TeamSite
5 2 (0.22%) ITRS Geneos
6 1 (0.11%) BladeLogic
6 1 (0.11%) Red Hat Satellite
Vendors
1 105 (11.62%) Oracle
2 83 (9.18%) Murex
3 70 (7.74%) Sybase
4 57 (6.31%) Microsoft
5 29 (3.21%) Bloomberg
6 18 (1.99%) Fidessa
7 17 (1.88%) Reuters
8 16 (1.77%) TIBCO
9 14 (1.55%) Charles River
10 13 (1.44%) IBM
11 12 (1.33%) Sophis
12 11 (1.22%) Calypso
13 8 (0.88%) Informatica
14 7 (0.77%) SimCorp
14 7 (0.77%) VMware
15 6 (0.66%) NetApp
16 5 (0.55%) Cisco
16 5 (0.55%) ION Trading
16 5 (0.55%) OpenLink
16 5 (0.55%) Perforce
East London
Square One Resources
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Orbis Consultants Limited
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McGregor Boyall
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Morgan Mckinley
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McGregor Boyall
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Bromley, Kent
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