Period
to 19 January 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 19 January 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
19 Jan 2020
Same period 2019 Same period 2018
Rank 310 350 262
Rank change year-on-year +40 -88 +71
Contract jobs citing Derivative 556 711 991
As % of all contract IT jobs advertised in the UK 0.78% 0.72% 0.99%
As % of the Miscellaneous category 2.49% 2.23% 3.00%
Number of daily rates quoted 357 525 773
UK median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -
10th Percentile £462 £455 £425
90th Percentile £800 £775 £750
UK excluding London median daily rate £525 £358 £475
% change year-on-year +46.85% -24.74% -5.00%
Number of hourly rates quoted 1 3 3
UK median hourly rate £73.00 £25.30 £45.00
Median hourly rate % change year-on-year +188.59% -43.79% +125.00%
UK excluding London median hourly rate - - £45.00

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 22,330 31,822 33,025
As % of all contract IT jobs advertised in the UK 31.15% 32.22% 32.95%
Number of daily rates quoted 14,093 20,733 21,919
UK median daily rate £458 £475 £450
Median daily rate % change year-on-year -3.68% +5.56% +5.88%
10th Percentile £250 £275 £260
90th Percentile £675 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +2.56%
Number of hourly rates quoted 998 998 964
UK median hourly rate £24.25 £20.50 £21.00
Median hourly rate % change year-on-year +18.27% -2.38% +5.00%
10th Percentile £12.44 £12.01 £11.28
90th Percentile £53.75 £48.75 £48.23
UK excluding London median hourly rate £23.50 £20.00 £20.00
% change year-on-year +17.50% - +2.56%

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 19 January 2020.

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 11 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 19 January 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 +35 543 £650 +4.00% 48
London +45 522 £650 +4.00% 43
UK excluding London +76 30 £525 +46.85% 5
South East +61 14 £550 +66.67% 1
Northern Ireland +10 5 £460 +15.80%
Scotland +13 4 £590 +24.21%
North of England - 4 £950 - 2
East of England +34 3 £400 +14.29%
North East - 2 £1,100 -
North West - 1 £800 - 2
Yorkshire - 1 £308 -

For the 6 months to 19 January 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.

1 359 (64.57%) Finance
2 349 (62.77%) Front Office
3 335 (60.25%) Java
4 301 (54.14%) Fixed Income
5 289 (51.98%) Agile Software Development
6 266 (47.84%) Python
7 249 (44.78%) Asset Management
8 232 (41.73%) Software Engineering
9 229 (41.19%) AWS
10 220 (39.57%) Banking
11 215 (38.67%) Web Services
12 199 (35.79%) Equities
13 184 (33.09%) SQL
14 177 (31.83%) JavaScript
15 166 (29.86%) Foreign Exchange (FX)
16 162 (29.14%) C#
17 138 (24.82%) C++
18 133 (23.92%) React
19 128 (23.02%) Analytics
20 125 (22.48%) Hedge funds
21 122 (21.94%) Investment Management
22 115 (20.68%) R
23 114 (20.50%) Microservices
24 113 (20.32%) Azure
25 108 (19.42%) J2EE
26 107 (19.24%) Node.js
27 105 (18.88%) AngularJS
28 101 (18.17%) Equity Derivative
29 94 (16.91%) .NET
29 94 (16.91%) GCP

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 12 (2.16%) Apache Spark
2 11 (1.98%) Apache
2 11 (1.98%) Confluence
2 11 (1.98%) Tomcat
2 11 (1.98%) WebLogic
3 6 (1.08%) Oracle Coherence
4 5 (0.90%) Jupyter
5 2 (0.36%) Elasticsearch
5 2 (0.36%) JBoss
5 2 (0.36%) Jetty
5 2 (0.36%) OpenStack
5 2 (0.36%) Oracle Self-Service HR
6 1 (0.18%) Cloud Foundry
Applications
1 21 (3.78%) Microsoft Excel
2 4 (0.72%) Microsoft PowerPoint
2 4 (0.72%) MS Visio
2 4 (0.72%) Spreadsheet
3 3 (0.54%) Microsoft Office
3 3 (0.54%) Microsoft Project
4 1 (0.18%) Adobe Illustrator
4 1 (0.18%) Photoshop
Business Applications
1 45 (8.09%) FINCAD Analytics
2 12 (2.16%) Markit EDM
2 12 (2.16%) thinkFolio
3 11 (1.98%) PolarLake
4 9 (1.62%) Eagle PACE
4 9 (1.62%) Oracle Applications
5 5 (0.90%) Sparx Enterprise Architect
6 4 (0.72%) Loan IQ
7 3 (0.54%) Temenos T24
8 2 (0.36%) Orchestrade
9 1 (0.18%) Bloomberg TOMS
9 1 (0.18%) BusinessWorks
9 1 (0.18%) HFM
9 1 (0.18%) Kondor
9 1 (0.18%) LatentZero
9 1 (0.18%) LongView
Cloud Services
1 229 (41.19%) AWS
2 113 (20.32%) Azure
3 94 (16.91%) GCP
4 71 (12.77%) Amazon S3
5 60 (10.79%) Amazon SQS
6 54 (9.71%) AWS Lambda
6 54 (9.71%) Serverless
7 44 (7.91%) AWS Step Functions
8 40 (7.19%) Amazon ECS
9 34 (6.12%) OpenShift
10 23 (4.14%) AWS CloudFormation
11 22 (3.96%) Amazon EC2
12 15 (2.70%) GitHub
13 8 (1.44%) PaaS
14 5 (0.90%) Cloud Computing
14 5 (0.90%) npm
14 5 (0.90%) Yarn
15 3 (0.54%) Office 365
16 2 (0.36%) Amazon EMR
17 1 (0.18%) IaaS
Communications & Networking
1 12 (2.16%) AMQP
2 6 (1.08%) TCP/IP
3 4 (0.72%) FIX Connectivity
3 4 (0.72%) Internet
4 3 (0.54%) iSCSI
5 2 (0.36%) RTMP
5 2 (0.36%) SSH
6 1 (0.18%) HTTP
Database & Business Intelligence
1 87 (15.65%) NoSQL
2 79 (14.21%) Amazon Athena
3 71 (12.77%) Amazon RDS
4 59 (10.61%) Amazon DynamoDB
5 54 (9.71%) MongoDB
5 54 (9.71%) PostgreSQL
6 51 (9.17%) Amazon Redshift
7 42 (7.55%) Amazon Aurora
8 32 (5.76%) Relational Database
9 31 (5.58%) SQL Server
10 25 (4.50%) RDBMS
11 22 (3.96%) Apache Cassandra
11 22 (3.96%) Redis
12 21 (3.78%) Data Warehouse
13 20 (3.60%) Couchbase
13 20 (3.60%) DB2
13 20 (3.60%) HBase
13 20 (3.60%) MariaDB
13 20 (3.60%) Neo4j
13 20 (3.60%) Oracle Database
Development Applications
1 56 (10.07%) RStudio
2 42 (7.55%) Jenkins
3 33 (5.94%) Artifactory
4 28 (5.04%) JIRA
5 26 (4.68%) NUnit
6 21 (3.78%) Git (software)
7 17 (3.06%) TeamCity
8 16 (2.88%) Maven
9 15 (2.70%) SpecFlow
10 14 (2.52%) Subversion
11 8 (1.44%) Cucumber
12 6 (1.08%) Ant
12 6 (1.08%) ClearCase
12 6 (1.08%) Visual Studio
13 5 (0.90%) Octopus Deploy
13 5 (0.90%) Selenium
13 5 (0.90%) webpack
14 4 (0.72%) CppUnit
14 4 (0.72%) GitLab
14 4 (0.72%) Oracle APEX
General
1 359 (64.57%) Finance
2 349 (62.77%) Front Office
3 220 (39.57%) Banking
4 86 (15.47%) Investment Banking
5 19 (3.42%) Back Office
6 8 (1.44%) Financial Institution
7 7 (1.26%) Corporate Banking
8 6 (1.08%) Retail
8 6 (1.08%) Telecoms
9 5 (0.90%) French Language
9 5 (0.90%) Marketing
10 4 (0.72%) Manufacturing
10 4 (0.72%) Prime Brokerage
10 4 (0.72%) Public Sector
11 3 (0.54%) Electronics
11 3 (0.54%) Retail Banking
12 1 (0.18%) General Ledger
12 1 (0.18%) German Language
12 1 (0.18%) Law
12 1 (0.18%) Legal
Job Titles
1 287 (51.62%) Developer
2 130 (23.38%) Java Developer
3 76 (13.67%) Analyst
4 72 (12.95%) AWS Developer
5 71 (12.77%) Senior Developer
6 55 (9.89%) Architect
6 55 (9.89%) Software Engineer
7 49 (8.81%) AWS Engineer
7 49 (8.81%) Front Office Developer
8 47 (8.45%) Business Analyst
9 38 (6.83%) Java Engineer
10 36 (6.47%) Python Developer
11 33 (5.94%) Senior Java Developer
12 32 (5.76%) C# Developer
13 31 (5.58%) Lead Developer
14 30 (5.40%) JavaScript Developer
14 30 (5.40%) NoSQL Developer
15 29 (5.22%) AWS Software Engineer
16 27 (4.86%) UI Developer
17 26 (4.68%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 215 (38.67%) Web Services
2 133 (23.92%) React
3 108 (19.42%) J2EE
4 107 (19.24%) Node.js
5 105 (18.88%) AngularJS
6 94 (16.91%) .NET
7 39 (7.01%) Vue.js
8 34 (6.12%) Kafka
9 32 (5.76%) Spring
10 30 (5.40%) NumPy
11 29 (5.22%) HTML
12 28 (5.04%) SciPy
13 26 (4.68%) REST
14 23 (4.14%) Pandas
15 22 (3.96%) FIX Protocol
15 22 (3.96%) J2SE
16 21 (3.78%) Hibernate
17 20 (3.60%) Redux
18 18 (3.24%) WPF
19 17 (3.06%) Reactive Extensions
Miscellaneous
1 301 (54.14%) Fixed Income
2 199 (35.79%) Equities
3 166 (29.86%) Foreign Exchange (FX)
4 125 (22.48%) Hedge funds
5 101 (18.17%) Equity Derivative
6 74 (13.31%) Greenfield Project
7 60 (10.79%) Blog
8 55 (9.89%) OTC Derivatives
9 37 (6.65%) Reference Data
10 27 (4.86%) Market Risk
11 26 (4.68%) Credit Derivative
11 26 (4.68%) Public Cloud
12 23 (4.14%) Analytical Skills
13 21 (3.78%) Virtual Team
14 19 (3.42%) Data Structures
15 15 (2.70%) Algorithms
16 13 (2.34%) Credit Risk
17 10 (1.80%) Interest Rate Derivative
18 8 (1.44%) Exotic Derivative
19 5 (0.90%) Cloud Native
Operating Systems
1 57 (10.25%) Linux
2 21 (3.78%) Unix
3 11 (1.98%) Windows
4 7 (1.26%) Oracle Linux
5 6 (1.08%) Red Hat Enterprise Linux
6 5 (0.90%) Solaris
7 2 (0.36%) Android
7 2 (0.36%) Apple iOS
7 2 (0.36%) CentOS
7 2 (0.36%) Debian
7 2 (0.36%) Mac OS X
7 2 (0.36%) Ubuntu
7 2 (0.36%) Windows 10
8 1 (0.18%) Windows Server
Processes & Methodologies
1 289 (51.98%) Agile Software Development
2 249 (44.78%) Asset Management
3 232 (41.73%) Software Engineering
4 128 (23.02%) Analytics
5 122 (21.94%) Investment Management
6 114 (20.50%) Microservices
7 85 (15.29%) Portfolio Management
8 80 (14.39%) Decision-Making
9 64 (11.51%) Open Source
10 62 (11.15%) Migration
11 59 (10.61%) Fund Management
12 58 (10.43%) Quantitative Analysis
13 54 (9.71%) DevOps
13 54 (9.71%) Mentoring
14 52 (9.35%) TDD
15 49 (8.81%) Multithreading
16 41 (7.37%) Front End Development
17 40 (7.19%) Business Analysis
17 40 (7.19%) Risk Analytics
18 37 (6.65%) Problem-Solving
Programming Languages
1 335 (60.25%) Java
2 266 (47.84%) Python
3 184 (33.09%) SQL
4 177 (31.83%) JavaScript
5 162 (29.14%) C#
6 138 (24.82%) C++
7 115 (20.68%) R
8 37 (6.65%) Kotlin
9 28 (5.04%) Scala
10 15 (2.70%) VBA
11 14 (2.52%) C
11 14 (2.52%) F#
12 13 (2.34%) Java 8
12 13 (2.34%) PL/SQL
13 12 (2.16%) Perl
14 10 (1.80%) T-SQL
14 10 (1.80%) TypeScript
15 8 (1.44%) PHP
16 6 (1.08%) MATLAB
16 6 (1.08%) Shell Script
Qualifications
1 33 (5.94%) Degree
2 16 (2.88%) Security Cleared
3 14 (2.52%) SC Cleared
4 7 (1.26%) PhD
5 6 (1.08%) Numerate Degree
6 2 (0.36%) Master's Degree
6 2 (0.36%) MBA
7 1 (0.18%) ACCA
7 1 (0.18%) AWS Certification
7 1 (0.18%) DV Cleared
7 1 (0.18%) PgMP
7 1 (0.18%) PMI Certification
7 1 (0.18%) PMP
7 1 (0.18%) Postgraduate
Quality Assurance & Compliance
1 19 (3.42%) QA
2 11 (1.98%) MiFID
3 10 (1.80%) EMIR
4 3 (0.54%) ISO/IEC 27001
5 2 (0.36%) Data Quality
5 2 (0.36%) Dodd-Frank
5 2 (0.36%) IFRS
6 1 (0.18%) GAAP
6 1 (0.18%) IFRS 9
6 1 (0.18%) PMO
6 1 (0.18%) UCITS
System Software
1 82 (14.75%) Docker
2 5 (0.90%) HDFS
3 3 (0.54%) Active Directory
3 3 (0.54%) VMware Infrastructure
3 3 (0.54%) XenApp
3 3 (0.54%) XenDesktop
Systems Management
1 54 (9.71%) Kubernetes
2 45 (8.09%) Terraform
3 8 (1.44%) Ansible
4 4 (0.72%) Puppet
5 2 (0.36%) HP Quality Center
5 2 (0.36%) ITRS Geneos
5 2 (0.36%) Salt
6 1 (0.18%) Control-M
Vendors
1 78 (14.03%) Oracle
2 44 (7.91%) Bloomberg
3 33 (5.94%) Sybase
4 26 (4.68%) Google
5 25 (4.50%) Microsoft
6 24 (4.32%) Reuters
7 13 (2.34%) Charles River
8 5 (0.90%) Atlassian
8 5 (0.90%) Murex
8 5 (0.90%) Red Hat
8 5 (0.90%) Sparx
8 5 (0.90%) Sun
9 3 (0.54%) Citrix
9 3 (0.54%) ION Trading
9 3 (0.54%) jBASE
9 3 (0.54%) SAP
9 3 (0.54%) Tableau
9 3 (0.54%) Temenos
9 3 (0.54%) TIBCO
9 3 (0.54%) VMware