Period
to 23 July 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 23 July 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
23 Jul 2019
Same period 2018 Same period 2017
Rank 380 335 248
Rank change year-on-year -45 -87 +74
Contract jobs citing Derivative 565 805 994
As % of all contract IT jobs advertised in the UK 0.61% 0.78% 1.04%
As % of the Miscellaneous category 1.90% 2.41% 3.16%
Number of daily rates quoted 372 592 713
UK median daily rate £623 £620 £600
Median daily rate % change year-on-year +0.40% +3.33% +9.09%
10th Percentile £413 £425 £450
90th Percentile £750 £763 £725
UK excluding London median daily rate £338 £475 £500
% change year-on-year -28.95% -5.00% +56.25%
Number of hourly rates quoted 1 0 1
UK median hourly rate £55.00 - £52.50
10th Percentile £52.50 - £51.25
90th Percentile £57.50 - £53.75
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 29,706 33,464 31,433
As % of all contract IT jobs advertised in the UK 32.27% 32.40% 33.04%
Number of daily rates quoted 19,118 21,581 20,315
UK median daily rate £475 £460 £450
Median daily rate % change year-on-year +3.18% +2.30% +5.88%
10th Percentile £275 £273 £263
90th Percentile £669 £656 £638
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.13% +3.23%
Number of hourly rates quoted 1,062 1,069 1,070
UK median hourly rate £20.50 £22.42 £20.00
Median hourly rate % change year-on-year -8.56% +12.10% -1.23%
10th Percentile £11.32 £12.00 £11.25
90th Percentile £52.50 £51.25 £50.00
UK excluding London median hourly rate £18.70 £21.50 £18.98
% change year-on-year -13.02% +13.28% -5.10%

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 23 July 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 10 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 23 July 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 -59 532 £625 - 73
London -40 515 £650 +4.00% 64
UK excluding London +38 48 £338 -28.95% 9
Scotland 0 16 £345 -27.37%
Northern Ireland +8 15 £338 -14.56%
South East +24 12 £323 -59.69% 1
North West +28 3 £625 -3.85% 2
North of England +23 3 £625 +31.58% 3
West Midlands - 2 £750 - 2
Midlands - 2 £750 - 2

For the 6 months to 23 July 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.

1 319 (56.46%) Front Office
2 275 (48.67%) Finance
3 270 (47.79%) Agile Software Development
4 242 (42.83%) Banking
5 210 (37.17%) Java
6 196 (34.69%) Fixed Income
7 195 (34.51%) C#
8 171 (30.27%) SQL
9 152 (26.90%) Foreign Exchange (FX)
10 134 (23.72%) Equities
11 132 (23.36%) Python
12 130 (23.01%) Asset Management
13 128 (22.65%) .NET
14 123 (21.77%) Equity Derivative
15 110 (19.47%) Software Engineering
16 108 (19.12%) Investment Banking
17 100 (17.70%) C++
17 100 (17.70%) JavaScript
18 97 (17.17%) TDD
19 90 (15.93%) Multithreading
20 85 (15.04%) Analytics
21 83 (14.69%) AngularJS
22 82 (14.51%) React
23 74 (13.10%) OTC Derivatives
24 72 (12.74%) Amazon AWS
25 70 (12.39%) Portfolio Management
26 68 (12.04%) Web Services
27 67 (11.86%) Docker
28 66 (11.68%) Investment Management
29 65 (11.50%) SQL Server

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 23 (4.07%) Oracle Coherence
2 14 (2.48%) Apache Spark
3 10 (1.77%) Apache
3 10 (1.77%) Confluence
4 7 (1.24%) DataSynapse
4 7 (1.24%) Oracle SOA Suite
5 5 (0.88%) Elasticsearch
5 5 (0.88%) JBoss
5 5 (0.88%) Jetty
5 5 (0.88%) Oracle Self-Service HR
5 5 (0.88%) Tomcat
5 5 (0.88%) WebLogic
6 2 (0.35%) Jupyter
6 2 (0.35%) SAS
7 1 (0.18%) GemFire
7 1 (0.18%) SharePoint
Applications
1 29 (5.13%) Microsoft Excel
2 8 (1.42%) Microsoft PowerPoint
3 6 (1.06%) Microsoft Project
4 3 (0.53%) MS Visio
5 2 (0.35%) Microsoft Office
5 2 (0.35%) Spreadsheet
6 1 (0.18%) S-PLUS
Business Applications
1 20 (3.54%) Endur
2 10 (1.77%) Sparx Enterprise Architect
3 5 (0.88%) SAP GRC
4 3 (0.53%) Markit EDM
5 2 (0.35%) SAP FSCM
5 2 (0.35%) SAP S/4HANA
6 1 (0.18%) AquaLogic BPM
6 1 (0.18%) Global One
6 1 (0.18%) Oracle BPM
6 1 (0.18%) Salesforce.com CRM
6 1 (0.18%) SAP CO
6 1 (0.18%) SAP FI
6 1 (0.18%) SAP FI/CO
6 1 (0.18%) SAP PP
6 1 (0.18%) Sophis RISQUE
6 1 (0.18%) SunGard Martini
6 1 (0.18%) thinkFolio
Cloud Services
1 72 (12.74%) Amazon AWS
2 41 (7.26%) GitHub
3 17 (3.01%) Microsoft Azure
4 9 (1.59%) OpenShift
4 9 (1.59%) Power Platform
5 5 (0.88%) Google Cloud Platform
6 3 (0.53%) Amazon S3
6 3 (0.53%) npm
6 3 (0.53%) Yarn
7 2 (0.35%) Amazon ECS
7 2 (0.35%) Amazon SQS
7 2 (0.35%) AWS Lambda
7 2 (0.35%) Serverless
8 1 (0.18%) Amazon CloudWatch
8 1 (0.18%) Amazon EC2
8 1 (0.18%) AWS CloudFormation
8 1 (0.18%) IaaS
8 1 (0.18%) Office 365
Communications & Networking
1 18 (3.19%) AMQP
2 5 (0.88%) HTTP
2 5 (0.88%) SSH
3 2 (0.35%) Internet
3 2 (0.35%) VSAN
4 1 (0.18%) FIX Connectivity
Database & Business Intelligence
1 65 (11.50%) SQL Server
2 34 (6.02%) PostgreSQL
3 28 (4.96%) SQL Server Integration Services
4 24 (4.25%) NoSQL
4 24 (4.25%) SQL Server 2005
4 24 (4.25%) SQL Server 2008
4 24 (4.25%) SQL Server 2012
5 21 (3.72%) MongoDB
6 19 (3.36%) Relational Database
7 17 (3.01%) Hadoop
8 16 (2.83%) SQL Server Reporting Services
9 12 (2.12%) Big Data
9 12 (2.12%) RDBMS
10 10 (1.77%) Apache Ignite
10 10 (1.77%) Hazelcast
11 9 (1.59%) Power BI
12 8 (1.42%) Apache Cassandra
13 6 (1.06%) Microsoft Analysis Services
14 5 (0.88%) MySQL
14 5 (0.88%) SQL Server Analysis Services
Development Applications
1 40 (7.08%) NUnit
2 36 (6.37%) Jenkins
3 30 (5.31%) Team Foundation Server
4 26 (4.60%) SpecFlow
5 25 (4.42%) JIRA
6 19 (3.36%) ClearCase
6 19 (3.36%) Subversion
7 17 (3.01%) Git (software)
8 16 (2.83%) Ant
9 13 (2.30%) Cucumber
10 11 (1.95%) Gradle
10 11 (1.95%) Selenium
11 10 (1.77%) Visual Studio
11 10 (1.77%) webpack
12 9 (1.59%) CppUnit
12 9 (1.59%) GoogleTest
13 7 (1.24%) JMeter
13 7 (1.24%) Maven
14 5 (0.88%) Eclipse
14 5 (0.88%) IntelliJ
General
1 319 (56.46%) Front Office
2 275 (48.67%) Finance
3 242 (42.83%) Banking
4 108 (19.12%) Investment Banking
5 21 (3.72%) Back Office
6 17 (3.01%) Legal
7 8 (1.42%) Financial Institution
8 6 (1.06%) Manufacturing
9 5 (0.88%) Games
10 3 (0.53%) Greek Language
10 3 (0.53%) Prime Brokerage
10 3 (0.53%) Retail
11 2 (0.35%) General Ledger
11 2 (0.35%) Retail Banking
12 1 (0.18%) Marketing
12 1 (0.18%) Private Banking
Job Titles
1 316 (55.93%) Developer
2 120 (21.24%) Java Developer
3 111 (19.65%) C# Developer
4 99 (17.52%) Analyst
5 71 (12.57%) Business Analyst
6 49 (8.67%) Software Engineer
7 47 (8.32%) Front Office Developer
8 46 (8.14%) Senior Developer
9 39 (6.90%) .NET Developer
10 38 (6.73%) AWS Engineer
10 38 (6.73%) AWS Software Engineer
11 37 (6.55%) Architect
11 37 (6.55%) SQL Developer
12 33 (5.84%) C# .NET Developer
13 30 (5.31%) WPF Developer
14 28 (4.96%) Angular Developer
14 28 (4.96%) C# WPF Developer
15 26 (4.60%) Agile Developer
15 26 (4.60%) Lead Software Engineer
15 26 (4.60%) React Developer
Libraries, Frameworks & Software Standards
1 128 (22.65%) .NET
2 83 (14.69%) AngularJS
3 82 (14.51%) React
4 68 (12.04%) Web Services
5 57 (10.09%) Node.js
6 46 (8.14%) WPF
7 39 (6.90%) HTML
8 33 (5.84%) FIX Protocol
9 32 (5.66%) Spring
10 31 (5.49%) Kafka
11 24 (4.25%) RabbitMQ
11 24 (4.25%) Reactive Extensions
12 23 (4.07%) HTML5
12 23 (4.07%) Middleware
12 23 (4.07%) REST
12 23 (4.07%) WCF
13 22 (3.89%) Hibernate
14 20 (3.54%) D3.js
15 18 (3.19%) CSS
15 18 (3.19%) SOAP
Miscellaneous
1 196 (34.69%) Fixed Income
2 152 (26.90%) Foreign Exchange (FX)
3 134 (23.72%) Equities
4 123 (21.77%) Equity Derivative
5 74 (13.10%) OTC Derivatives
6 55 (9.73%) Greenfield Project
7 40 (7.08%) Hedge funds
8 37 (6.55%) Analytical Skills
9 33 (5.84%) Credit Risk
10 25 (4.42%) Virtual Team
11 19 (3.36%) Market Risk
12 17 (3.01%) Data Protection Act
12 17 (3.01%) Self-Motivation
13 16 (2.83%) Credit Derivative
14 13 (2.30%) Exotic Derivative
15 12 (2.12%) Grid Computing
16 11 (1.95%) Data Structures
17 10 (1.77%) User Experience
18 8 (1.42%) Algorithms
18 8 (1.42%) Reference Data
Operating Systems
1 51 (9.03%) Linux
2 28 (4.96%) Unix
3 26 (4.60%) Windows
4 9 (1.59%) Red Hat Enterprise Linux
5 5 (0.88%) Android
5 5 (0.88%) Apple iOS
5 5 (0.88%) CentOS
5 5 (0.88%) Debian
5 5 (0.88%) Mac OS X
5 5 (0.88%) Ubuntu
6 4 (0.71%) Windows Server
7 3 (0.53%) Solaris
8 1 (0.18%) SUSE
8 1 (0.18%) Windows Server 2012
Processes & Methodologies
1 270 (47.79%) Agile Software Development
2 130 (23.01%) Asset Management
3 110 (19.47%) Software Engineering
4 97 (17.17%) TDD
5 90 (15.93%) Multithreading
6 85 (15.04%) Analytics
7 70 (12.39%) Portfolio Management
8 66 (11.68%) Investment Management
9 62 (10.97%) Unit Testing
10 54 (9.56%) Front End Development
11 49 (8.67%) Continuous Integration
12 48 (8.50%) Mentoring
13 46 (8.14%) DevOps
14 44 (7.79%) Project Management
15 41 (7.26%) Problem-Solving
15 41 (7.26%) Risk Management
15 41 (7.26%) Test Automation
16 40 (7.08%) Business Analysis
16 40 (7.08%) Fund Management
17 39 (6.90%) SDLC
Programming Languages
1 210 (37.17%) Java
2 195 (34.51%) C#
3 171 (30.27%) SQL
4 132 (23.36%) Python
5 100 (17.70%) C++
5 100 (17.70%) JavaScript
6 29 (5.13%) Scala
7 26 (4.60%) R
8 23 (4.07%) Java 8
9 20 (3.54%) VB.NET
10 18 (3.19%) F#
10 18 (3.19%) VBA
11 15 (2.65%) Perl
12 12 (2.12%) C
13 11 (1.95%) PL/SQL
14 10 (1.77%) Kotlin
15 9 (1.59%) Haskell
15 9 (1.59%) T-SQL
16 8 (1.42%) Bash Shell
16 8 (1.42%) MATLAB
Qualifications
1 24 (4.25%) Degree
2 18 (3.19%) Security Cleared
3 13 (2.30%) SC Cleared
4 5 (0.88%) PhD
5 2 (0.35%) DV Cleared
5 2 (0.35%) IIBA
5 2 (0.35%) ISEB
5 2 (0.35%) PMI Certification
6 1 (0.18%) AWS Certification
6 1 (0.18%) ISTQB
6 1 (0.18%) Master's Degree
6 1 (0.18%) MBA
6 1 (0.18%) PMP
Quality Assurance & Compliance
1 17 (3.01%) MiFID
2 15 (2.65%) QA
3 7 (1.24%) EMIR
4 6 (1.06%) Sarbanes-Oxley
5 3 (0.53%) Data Quality
5 3 (0.53%) PMO
6 2 (0.35%) CRD IV
6 2 (0.35%) Dodd-Frank
6 2 (0.35%) UCITS
7 1 (0.18%) AIFMD
7 1 (0.18%) COREP
7 1 (0.18%) IFRS
System Software
1 67 (11.86%) Docker
2 6 (1.06%) Oracle RAC
3 3 (0.53%) Apache ZooKeeper
3 3 (0.53%) VMware Infrastructure
4 1 (0.18%) HDFS
4 1 (0.18%) KVM
4 1 (0.18%) RHEV
Systems Management
1 26 (4.60%) Kubernetes
2 15 (2.65%) Ansible
3 8 (1.42%) Puppet
3 8 (1.42%) Terraform
4 5 (0.88%) Salt
5 4 (0.71%) Grafana
5 4 (0.71%) ITRS Geneos
6 2 (0.35%) HP Quality Center
6 2 (0.35%) HP SIM
6 2 (0.35%) Kibana
7 1 (0.18%) Docker Swarm
7 1 (0.18%) HP ALM
7 1 (0.18%) Mesos
Vendors
1 50 (8.85%) Bloomberg
1 50 (8.85%) Oracle
2 45 (7.96%) Reuters
3 32 (5.66%) Microsoft
4 24 (4.25%) Sybase
4 24 (4.25%) Telerik
5 20 (3.54%) OpenLink
6 10 (1.77%) Sparx
7 9 (1.59%) Murex
7 9 (1.59%) SAP
8 7 (1.24%) Charles River
8 7 (1.24%) Red Hat
9 6 (1.06%) ION Trading
9 6 (1.06%) TIBCO
10 5 (0.88%) Cloudera
10 5 (0.88%) Google
10 5 (0.88%) Hortonworks
10 5 (0.88%) Solace
10 5 (0.88%) Splunk
11 4 (0.71%) MapR