Period
to 17 October 2019

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 17 October 2019 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
17 Oct 2019
Same period 2018 Same period 2017
Rank 326 338 224
Rank change year-on-year +12 -114 +149
Contract jobs citing Derivative 653 802 1,176
As % of all contract IT jobs advertised in the UK 0.77% 0.78% 1.18%
As % of the Miscellaneous category 2.45% 2.39% 3.58%
Number of daily rates quoted 391 573 858
UK median daily rate £625 £620 £600
Median daily rate % change year-on-year +0.81% +3.33% +4.35%
10th Percentile £425 £475 £450
90th Percentile £750 £775 £750
UK excluding London median daily rate £430 £475 £475
% change year-on-year -9.47% - +50.79%
Number of hourly rates quoted 1 1 2
UK median hourly rate £73.00 £16.50 £45.00
Median hourly rate % change year-on-year +342.42% -63.33% +16.13%
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 26,603 33,535 32,878
As % of all contract IT jobs advertised in the UK 31.26% 32.50% 33.11%
Number of daily rates quoted 16,880 21,742 21,500
UK median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +5.88%
10th Percentile £263 £273 £263
90th Percentile £669 £656 £650
UK excluding London median daily rate £425 £420 £400
% change year-on-year +1.19% +5.00% +3.23%
Number of hourly rates quoted 1,040 1,053 1,015
UK median hourly rate £21.53 £20.00 £20.00
Median hourly rate % change year-on-year +7.65% - -
10th Percentile £11.60 £12.23 £11.25
90th Percentile £53.75 £50.00 £48.75
UK excluding London median hourly rate £20.50 £19.00 £20.00
% change year-on-year +7.89% -5.00% -3.98%

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 17 October 2019.

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 17 October 2019. 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 +4 636 £638 +2.00% 59
London +8 605 £650 +4.00% 55
UK excluding London +69 44 £430 -9.47% 4
South East +50 22 £355 -55.63% 3
Northern Ireland +12 10 £430 +9.55%
North of England +38 4 £625 +31.58%
North West +34 4 £625 -3.85%
East of England +35 3 £400 -15.79%
Scotland -4 3 £590 +24.21%
West Midlands - 2 £750 -
Midlands - 2 £750 -

For the 6 months to 17 October 2019, 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.

1 389 (59.57%) Finance
2 380 (58.19%) Front Office
3 339 (51.91%) Agile Software Development
4 333 (51.00%) Java
5 282 (43.19%) Banking
6 250 (38.28%) Fixed Income
7 221 (33.84%) C#
8 219 (33.54%) Python
9 190 (29.10%) Software Engineering
10 188 (28.79%) SQL
11 182 (27.87%) Equities
12 179 (27.41%) Asset Management
13 176 (26.95%) JavaScript
14 173 (26.49%) Foreign Exchange (FX)
15 161 (24.66%) AWS
16 153 (23.43%) C++
16 153 (23.43%) Web Services
17 143 (21.90%) Equity Derivative
18 126 (19.30%) React
19 122 (18.68%) Analytics
20 118 (18.07%) Investment Banking
20 118 (18.07%) Investment Management
21 112 (17.15%) TDD
22 110 (16.85%) .NET
23 106 (16.23%) AngularJS
24 100 (15.31%) Microservices
25 98 (15.01%) Node.js
26 96 (14.70%) Docker
27 88 (13.48%) Greenfield Project
28 82 (12.56%) Linux

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 20 (3.06%) Apache Spark
2 16 (2.45%) Confluence
3 12 (1.84%) Tomcat
3 12 (1.84%) WebLogic
4 8 (1.23%) Apache
5 7 (1.07%) Oracle Coherence
6 6 (0.92%) Elasticsearch
6 6 (0.92%) JBoss
6 6 (0.92%) Jetty
6 6 (0.92%) Oracle Self-Service HR
7 5 (0.77%) Jupyter
8 2 (0.31%) OpenStack
9 1 (0.15%) Cloud Foundry
9 1 (0.15%) GemFire
Applications
1 29 (4.44%) Microsoft Excel
2 10 (1.53%) Microsoft PowerPoint
3 8 (1.23%) Microsoft Project
4 6 (0.92%) MS Visio
5 4 (0.61%) Spreadsheet
6 2 (0.31%) Microsoft Office
7 1 (0.15%) Adobe Illustrator
7 1 (0.15%) Photoshop
Business Applications
1 23 (3.52%) FINCAD Analytics
2 20 (3.06%) Endur
3 12 (1.84%) Sparx Enterprise Architect
4 8 (1.23%) thinkFolio
5 6 (0.92%) Oracle Applications
6 4 (0.61%) Markit EDM
7 3 (0.46%) Temenos T24
8 2 (0.31%) PolarLake
8 2 (0.31%) SAP FSCM
8 2 (0.31%) SAP GRC
8 2 (0.31%) SAP S/4HANA
9 1 (0.15%) Bloomberg TOMS
9 1 (0.15%) Eagle PACE
9 1 (0.15%) LatentZero
9 1 (0.15%) LongView
9 1 (0.15%) SAP CO
9 1 (0.15%) SAP FI
9 1 (0.15%) SAP FI/CO
9 1 (0.15%) Sophis RISQUE
9 1 (0.15%) SunGard Martini
Cloud Services
1 161 (24.66%) AWS
2 53 (8.12%) Azure
3 49 (7.50%) GitHub
4 31 (4.75%) Amazon S3
4 31 (4.75%) GCP
5 24 (3.68%) AWS Lambda
5 24 (3.68%) Serverless
6 17 (2.60%) Amazon SQS
7 11 (1.68%) OpenShift
8 8 (1.23%) Power Platform
9 7 (1.07%) npm
9 7 (1.07%) Yarn
10 5 (0.77%) Amazon ECS
11 4 (0.61%) Cloud Computing
11 4 (0.61%) Office 365
11 4 (0.61%) PaaS
12 2 (0.31%) AWS CloudFormation
12 2 (0.31%) IaaS
13 1 (0.15%) Amazon EMR
Communications & Networking
1 20 (3.06%) AMQP
2 6 (0.92%) Internet
2 6 (0.92%) SSH
3 5 (0.77%) FIX Connectivity
3 5 (0.77%) TCP/IP
4 4 (0.61%) HTTP
5 3 (0.46%) iSCSI
6 2 (0.31%) VSAN
Database & Business Intelligence
1 59 (9.04%) NoSQL
2 51 (7.81%) PostgreSQL
3 45 (6.89%) MongoDB
4 42 (6.43%) Amazon Athena
5 38 (5.82%) SQL Server
6 31 (4.75%) Amazon RDS
7 29 (4.44%) Amazon DynamoDB
8 24 (3.68%) Relational Database
9 23 (3.52%) Amazon Aurora
9 23 (3.52%) Hadoop
10 19 (2.91%) Oracle Database
11 18 (2.76%) SQL Server Integration Services
12 16 (2.45%) Big Data
13 14 (2.14%) Amazon Redshift
13 14 (2.14%) RDBMS
14 11 (1.68%) Data Warehouse
14 11 (1.68%) KDB
15 8 (1.23%) Apache Cassandra
15 8 (1.23%) Power BI
15 8 (1.23%) SQL Server Reporting Services
Development Applications
1 51 (7.81%) NUnit
2 35 (5.36%) JIRA
3 31 (4.75%) RStudio
4 29 (4.44%) Git (software)
5 28 (4.29%) SpecFlow
6 23 (3.52%) Jenkins
7 21 (3.22%) Subversion
8 19 (2.91%) ClearCase
9 17 (2.60%) Ant
9 17 (2.60%) Maven
10 16 (2.45%) Cucumber
11 14 (2.14%) Selenium
11 14 (2.14%) webpack
12 11 (1.68%) CppUnit
12 11 (1.68%) GoogleTest
13 10 (1.53%) Gradle
13 10 (1.53%) TeamCity
14 6 (0.92%) FishEye
14 6 (0.92%) Leiningen
14 6 (0.92%) Vagrant
General
1 389 (59.57%) Finance
2 380 (58.19%) Front Office
3 282 (43.19%) Banking
4 118 (18.07%) Investment Banking
5 18 (2.76%) Back Office
6 12 (1.84%) Legal
7 9 (1.38%) Retail
8 6 (0.92%) Financial Institution
8 6 (0.92%) Manufacturing
8 6 (0.92%) Public Sector
8 6 (0.92%) Telecoms
9 5 (0.77%) Marketing
9 5 (0.77%) Prime Brokerage
9 5 (0.77%) Retail Banking
10 3 (0.46%) Electronics
10 3 (0.46%) General Ledger
11 2 (0.31%) Corporate Banking
11 2 (0.31%) French Language
11 2 (0.31%) Greek Language
12 1 (0.15%) German Language
Job Titles
1 350 (53.60%) Developer
2 157 (24.04%) Java Developer
3 100 (15.31%) Analyst
4 81 (12.40%) Software Engineer
5 75 (11.49%) Business Analyst
6 73 (11.18%) Senior Developer
7 71 (10.87%) C# Developer
8 55 (8.42%) AWS Engineer
8 55 (8.42%) AWS Software Engineer
9 50 (7.66%) Architect
10 42 (6.43%) Senior Java Developer
11 40 (6.13%) Front Office Developer
12 37 (5.67%) .NET Developer
13 34 (5.21%) Lead Software Engineer
14 33 (5.05%) Agile Developer
15 31 (4.75%) Agile Java Developer
16 30 (4.59%) C# .NET Developer
16 30 (4.59%) NoSQL Developer
16 30 (4.59%) SQL Developer
17 29 (4.44%) AWS Developer
Libraries, Frameworks & Software Standards
1 153 (23.43%) Web Services
2 126 (19.30%) React
3 110 (16.85%) .NET
4 106 (16.23%) AngularJS
5 98 (15.01%) Node.js
6 64 (9.80%) J2EE
7 53 (8.12%) Kafka
8 46 (7.04%) Spring
9 42 (6.43%) HTML
10 38 (5.82%) FIX Protocol
11 37 (5.67%) REST
12 31 (4.75%) Hibernate
13 27 (4.13%) WPF
14 26 (3.98%) HTML5
14 26 (3.98%) RabbitMQ
15 23 (3.52%) Middleware
16 22 (3.37%) Reactive Extensions
16 22 (3.37%) XML
17 21 (3.22%) NumPy
17 21 (3.22%) SOAP
Miscellaneous
1 250 (38.28%) Fixed Income
2 182 (27.87%) Equities
3 173 (26.49%) Foreign Exchange (FX)
4 143 (21.90%) Equity Derivative
5 88 (13.48%) Greenfield Project
6 61 (9.34%) OTC Derivatives
7 52 (7.96%) Hedge funds
8 31 (4.75%) Analytical Skills
9 28 (4.29%) Credit Risk
10 27 (4.13%) Virtual Team
11 25 (3.83%) Data Structures
11 25 (3.83%) Reference Data
12 18 (2.76%) Credit Derivative
12 18 (2.76%) Market Risk
13 17 (2.60%) Algorithms
13 17 (2.60%) Blog
13 17 (2.60%) Exotic Derivative
14 16 (2.45%) Public Cloud
15 10 (1.53%) Interest Rate Derivative
16 8 (1.23%) User Experience
Operating Systems
1 82 (12.56%) Linux
2 33 (5.05%) Unix
3 16 (2.45%) Windows
4 13 (1.99%) Red Hat Enterprise Linux
5 7 (1.07%) Oracle Linux
5 7 (1.07%) Solaris
6 6 (0.92%) Android
6 6 (0.92%) Apple iOS
6 6 (0.92%) CentOS
6 6 (0.92%) Debian
6 6 (0.92%) Mac OS X
6 6 (0.92%) Ubuntu
7 5 (0.77%) Windows Server
8 2 (0.31%) Windows 10
9 1 (0.15%) Windows Server 2012
Processes & Methodologies
1 339 (51.91%) Agile Software Development
2 190 (29.10%) Software Engineering
3 179 (27.41%) Asset Management
4 122 (18.68%) Analytics
5 118 (18.07%) Investment Management
6 112 (17.15%) TDD
7 100 (15.31%) Microservices
8 78 (11.94%) Portfolio Management
9 71 (10.87%) Mentoring
10 70 (10.72%) Front End Development
11 65 (9.95%) Fund Management
11 65 (9.95%) Multithreading
12 63 (9.65%) Unit Testing
13 57 (8.73%) DevOps
14 49 (7.50%) Problem-Solving
14 49 (7.50%) Test Automation
15 47 (7.20%) Quantitative Analysis
16 44 (6.74%) Risk Management
17 42 (6.43%) Business Analysis
17 42 (6.43%) Migration
Programming Languages
1 333 (51.00%) Java
2 221 (33.84%) C#
3 219 (33.54%) Python
4 188 (28.79%) SQL
5 176 (26.95%) JavaScript
6 153 (23.43%) C++
7 58 (8.88%) R
8 35 (5.36%) Scala
9 23 (3.52%) C
9 23 (3.52%) Perl
10 20 (3.06%) VB.NET
11 19 (2.91%) F#
11 19 (2.91%) Java 8
12 16 (2.45%) VBA
13 15 (2.30%) PL/SQL
13 15 (2.30%) T-SQL
14 14 (2.14%) TypeScript
15 12 (1.84%) Kotlin
16 9 (1.38%) Haskell
17 8 (1.23%) Clojure
Qualifications
1 31 (4.75%) Degree
2 24 (3.68%) Security Cleared
3 19 (2.91%) SC Cleared
4 4 (0.61%) Numerate Degree
4 4 (0.61%) PhD
5 3 (0.46%) DV Cleared
6 2 (0.31%) MBA
6 2 (0.31%) PMI Certification
6 2 (0.31%) PMP
7 1 (0.15%) IIBA
7 1 (0.15%) ISTQB
7 1 (0.15%) Master's Degree
Quality Assurance & Compliance
1 25 (3.83%) MiFID
2 19 (2.91%) QA
3 15 (2.30%) EMIR
4 4 (0.61%) Data Quality
5 3 (0.46%) Dodd-Frank
5 3 (0.46%) ISO/IEC 27001
6 2 (0.31%) IFRS
6 2 (0.31%) Sarbanes-Oxley
6 2 (0.31%) UCITS
7 1 (0.15%) AIFMD
7 1 (0.15%) CRD IV
7 1 (0.15%) IFRS 9
7 1 (0.15%) PMO
System Software
1 96 (14.70%) Docker
2 5 (0.77%) VMware Infrastructure
3 3 (0.46%) Active Directory
3 3 (0.46%) Apache ZooKeeper
3 3 (0.46%) HDFS
3 3 (0.46%) Oracle RAC
3 3 (0.46%) XenApp
3 3 (0.46%) XenDesktop
Systems Management
1 43 (6.58%) Kubernetes
2 22 (3.37%) Ansible
3 16 (2.45%) Terraform
4 10 (1.53%) Puppet
5 6 (0.92%) ITRS Geneos
5 6 (0.92%) Salt
6 4 (0.61%) Grafana
7 2 (0.31%) HP Quality Center
7 2 (0.31%) HP SIM
7 2 (0.31%) Kibana
8 1 (0.15%) Control-M
8 1 (0.15%) HP ALM
Vendors
1 68 (10.41%) Oracle
2 67 (10.26%) Bloomberg
3 53 (8.12%) Reuters
4 33 (5.05%) Microsoft
5 30 (4.59%) Sybase
6 20 (3.06%) OpenLink
7 12 (1.84%) Sparx
8 11 (1.68%) Charles River
8 11 (1.68%) Murex
8 11 (1.68%) Red Hat
9 8 (1.23%) SAP
10 7 (1.07%) Atlassian
10 7 (1.07%) Sun
11 6 (0.92%) Cloudera
11 6 (0.92%) Hortonworks
12 5 (0.77%) TIBCO
12 5 (0.77%) VMware
13 4 (0.61%) Google
13 4 (0.61%) Sophis
13 4 (0.61%) Splunk