Period
to 24 May 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 24 May 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
24 May 2020
Same period 2019 Same period 2018
Rank 254 411 320
Rank change year-on-year +157 -91 -39
Contract jobs citing Derivative 453 534 779
As % of all contract jobs advertised in the UK 0.94% 0.58% 0.77%
As % of the Miscellaneous category 2.91% 1.82% 2.39%
Number of daily rates quoted 408 378 598
Median daily rate £650 £625 £613
Median daily rate % change year-on-year +4.00% +2.04% +2.08%
10th Percentile £500 £379 £413
90th Percentile £800 £725 £775
UK excluding London median daily rate £569 £338 £440
% change year-on-year +68.52% -23.30% -12.00%
Number of hourly rates quoted 1 3 1
Median hourly rate £35.00 £25.30 £80.00
Median hourly rate % change year-on-year +38.37% -68.38% +52.38%
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 15,579 29,267 32,623
As % of all contract IT jobs advertised in the UK 32.35% 31.93% 32.37%
Number of daily rates quoted 9,565 18,784 21,248
Median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +2.86%
10th Percentile £250 £280 £266
90th Percentile £698 £663 £650
UK excluding London median daily rate £425 £425 £403
% change year-on-year - +5.59% +0.63%
Number of hourly rates quoted 770 1,013 1,036
Median hourly rate £27.50 £20.50 £21.90
Median hourly rate % change year-on-year +34.15% -6.39% +9.50%
10th Percentile £13.00 £11.75 £11.56
90th Percentile £53.75 £51.01 £50.71
Median hourly rate £22.00 £18.70 £21.00
% change year-on-year +17.65% -10.95% +16.67%

Derivative
Job Vacancy Trend

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

Job vacancy trend for Derivative in the UK

Derivative
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Derivative.

Daily rate trend for Derivative in the UK

Derivative
Daily Rate Histogram

Daily rate distribution for jobs citing Derivative over the 6 months to 24 May 2020.

Daily rate histogram for Derivative in the UK

Derivative
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Derivative.

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 24 May 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 +152 451 £650 - 39
London +109 445 £650 - 38
Work from Home +21 11 £750 +11.11% 3
UK excluding London +110 8 £569 +68.52% 1
South East +100 3 £639 +99.61%
Scotland +18 2 £500 +37.93%
North of England - 2 £308 - 1
South West - 1 - -
Yorkshire - 1 £308 -
North West - 1 - - 1

For the 6 months to 24 May 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.

1 350 (77.26%) Front Office
2 335 (73.95%) Finance
3 300 (66.23%) Fixed Income
4 276 (60.93%) Agile Software Development
5 271 (59.82%) Asset Management
6 257 (56.73%) Java
7 254 (56.07%) Python
8 238 (52.54%) Equities
9 234 (51.66%) AWS
10 230 (50.77%) Web Services
11 217 (47.90%) Software Engineering
12 198 (43.71%) Hedge funds
13 186 (41.06%) Banking
14 182 (40.18%) Foreign Exchange (FX)
15 166 (36.64%) JavaScript
16 159 (35.10%) Investment Management
17 154 (34.00%) DevOps
18 149 (32.89%) Decision-Making
19 144 (31.79%) React
19 144 (31.79%) AngularJS
20 142 (31.35%) Investment Banking
21 129 (28.48%) SQL
22 114 (25.17%) Azure
23 111 (24.50%) Business Analysis
24 105 (23.18%) C#
25 104 (22.96%) R
26 101 (22.30%) GCP
27 99 (21.85%) Vue.js
27 99 (21.85%) J2EE
28 98 (21.63%) Docker

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 4 (0.88%) Tomcat
2 3 (0.66%) Apache
2 3 (0.66%) Apache Spark
2 3 (0.66%) WebLogic
3 1 (0.22%) Confluence
3 1 (0.22%) IBM HTTP Server
Applications
1 30 (6.62%) Microsoft Excel
2 4 (0.88%) Microsoft Office
3 1 (0.22%) Adobe Illustrator
3 1 (0.22%) Photoshop
3 1 (0.22%) Spreadsheet
Business Applications
1 12 (2.65%) Markit EDM
2 11 (2.43%) PolarLake
3 8 (1.77%) Eagle PACE
3 8 (1.77%) FINCAD Analytics
4 3 (0.66%) BusinessWorks
4 3 (0.66%) Front Arena
4 3 (0.66%) Loan IQ
4 3 (0.66%) Oracle Applications
4 3 (0.66%) thinkFolio
5 2 (0.44%) Orchestrade
6 1 (0.22%) HFM
6 1 (0.22%) Misys Opics
Cloud Services
1 234 (51.66%) AWS
2 114 (25.17%) Azure
3 101 (22.30%) GCP
4 85 (18.76%) Amazon SQS
5 78 (17.22%) Amazon ECS
6 77 (17.00%) OpenShift
7 75 (16.56%) Amazon S3
8 70 (15.45%) AWS Lambda
8 70 (15.45%) Serverless
9 63 (13.91%) Amazon EC2
9 63 (13.91%) AWS CloudFormation
10 8 (1.77%) AWS Step Functions
11 5 (1.10%) IaaS
11 5 (1.10%) PaaS
12 4 (0.88%) Cloud Computing
12 4 (0.88%) npm
12 4 (0.88%) SaaS
13 3 (0.66%) GitHub
14 1 (0.22%) Amazon EMR
Communications & Networking
1 3 (0.66%) HTTP
1 3 (0.66%) TCP/IP
2 2 (0.44%) Multicast
2 2 (0.44%) RTMP
3 1 (0.22%) iSCSI
Database & Business Intelligence
1 80 (17.66%) Amazon Redshift
2 75 (16.56%) Amazon RDS
3 35 (7.73%) SQL Server
4 27 (5.96%) NoSQL
5 18 (3.97%) MongoDB
5 18 (3.97%) Redis
6 16 (3.53%) Relational Database
7 13 (2.87%) Amazon Athena
8 12 (2.65%) Amazon DynamoDB
8 12 (2.65%) RDBMS
9 9 (1.99%) Data Warehouse
10 7 (1.55%) Amazon Aurora
10 7 (1.55%) Apache Cassandra
10 7 (1.55%) Couchbase
10 7 (1.55%) DB2
10 7 (1.55%) HBase
10 7 (1.55%) MariaDB
10 7 (1.55%) Neo4j
10 7 (1.55%) PostgreSQL
11 5 (1.10%) KDB
Development Applications
1 91 (20.09%) RStudio
2 77 (17.00%) Artifactory
3 71 (15.67%) Jenkins
4 26 (5.74%) JIRA
5 22 (4.86%) Octopus Deploy
6 18 (3.97%) Subversion
7 15 (3.31%) Git (software)
7 15 (3.31%) TeamCity
8 6 (1.32%) Maven
9 4 (0.88%) Grunt
9 4 (0.88%) gulp
9 4 (0.88%) JUnit
9 4 (0.88%) webpack
10 2 (0.44%) Cucumber
10 2 (0.44%) Gradle
10 2 (0.44%) Mockito
10 2 (0.44%) NUnit
10 2 (0.44%) Visual Studio
11 1 (0.22%) Atlassian Bamboo
11 1 (0.22%) Axure RP
General
1 350 (77.26%) Front Office
2 335 (73.95%) Finance
3 186 (41.06%) Banking
4 142 (31.35%) Investment Banking
5 20 (4.42%) Back Office
6 10 (2.21%) Financial Institution
7 7 (1.55%) Legal
8 5 (1.10%) French Language
8 5 (1.10%) Prime Brokerage
9 3 (0.66%) Retail
10 2 (0.44%) Corporate Banking
11 1 (0.22%) Advertising
11 1 (0.22%) Telecoms
Job Titles
1 261 (57.62%) Developer
2 145 (32.01%) AWS Developer
3 103 (22.74%) Java Developer
4 101 (22.30%) AWS Engineer
5 72 (15.89%) Python Developer
6 60 (13.25%) Analyst
7 59 (13.02%) Front Office Developer
8 46 (10.15%) Python Engineer
9 45 (9.93%) Software Engineer
10 40 (8.83%) Java Engineer
11 39 (8.61%) JavaScript Developer
12 37 (8.17%) AWS Software Engineer
12 37 (8.17%) Java Software Developer
12 37 (8.17%) Lead Developer
12 37 (8.17%) Lead Java Developer
13 36 (7.95%) Lead Software Developer
13 36 (7.95%) Senior Developer
14 34 (7.51%) Business Analyst
15 30 (6.62%) Developer/Software Engineer
16 29 (6.40%) AWS DevOps
Libraries, Frameworks & Software Standards
1 230 (50.77%) Web Services
2 144 (31.79%) AngularJS
2 144 (31.79%) React
3 99 (21.85%) J2EE
3 99 (21.85%) Vue.js
4 90 (19.87%) .NET
5 69 (15.23%) Node.js
6 63 (13.91%) J2SE
7 37 (8.17%) .NET Core
8 24 (5.30%) WPF
9 22 (4.86%) ASP.NET
10 18 (3.97%) HTML
11 17 (3.75%) ASP.NET Core
12 15 (3.31%) NumPy
12 15 (3.31%) Redux
13 14 (3.09%) Pandas
13 14 (3.09%) WCF
14 12 (2.65%) FIX Protocol
14 12 (2.65%) HTML5
15 11 (2.43%) FpML
Miscellaneous
1 300 (66.23%) Fixed Income
2 238 (52.54%) Equities
3 198 (43.71%) Hedge funds
4 182 (40.18%) Foreign Exchange (FX)
5 43 (9.49%) Equity Derivative
6 39 (8.61%) Blog
7 37 (8.17%) OTC Derivatives
8 36 (7.95%) Greenfield Project
9 18 (3.97%) Credit Derivative
10 16 (3.53%) Reference Data
11 14 (3.09%) Analytical Skills
11 14 (3.09%) Public Cloud
12 13 (2.87%) Market Risk
13 12 (2.65%) Credit Risk
14 8 (1.77%) Interest Rate Derivative
15 4 (0.88%) Data Structures
15 4 (0.88%) Swaptions
16 3 (0.66%) Algorithms
16 3 (0.66%) Replication
17 2 (0.44%) Private Cloud
Operating Systems
1 20 (4.42%) Linux
2 7 (1.55%) Unix
3 6 (1.32%) Windows
4 4 (0.88%) Solaris
5 1 (0.22%) Red Hat Enterprise Linux
Processes & Methodologies
1 276 (60.93%) Agile Software Development
2 271 (59.82%) Asset Management
3 217 (47.90%) Software Engineering
4 159 (35.10%) Investment Management
5 154 (34.00%) DevOps
6 149 (32.89%) Decision-Making
7 111 (24.50%) Business Analysis
8 98 (21.63%) Portfolio Management
9 64 (14.13%) Deployment Automation
10 58 (12.80%) Microservices
11 53 (11.70%) Analytics
11 53 (11.70%) Migration
12 43 (9.49%) Risk Analysis
13 42 (9.27%) TDD
14 40 (8.83%) Open Source
14 40 (8.83%) Performance Attribution
15 38 (8.39%) Scrum
16 36 (7.95%) Front End Development
17 35 (7.73%) Fund Management
18 34 (7.51%) Multithreading
Programming Languages
1 257 (56.73%) Java
2 254 (56.07%) Python
3 166 (36.64%) JavaScript
4 129 (28.48%) SQL
5 105 (23.18%) C#
6 104 (22.96%) R
7 47 (10.38%) C++
8 28 (6.18%) VBA
9 22 (4.86%) Kotlin
10 17 (3.75%) MATLAB
11 9 (1.99%) Scala
11 9 (1.99%) TypeScript
12 8 (1.77%) PHP
13 4 (0.88%) ES6
13 4 (0.88%) Java 8
13 4 (0.88%) PL/SQL
13 4 (0.88%) VB
14 3 (0.66%) Perl
15 2 (0.44%) C
15 2 (0.44%) F#
Qualifications
1 14 (3.09%) Degree
2 4 (0.88%) Computer Science Degree
3 3 (0.66%) SC Cleared
3 3 (0.66%) Security Cleared
4 2 (0.44%) ACCA
4 2 (0.44%) PhD
5 1 (0.22%) CIMA
5 1 (0.22%) ISEB
5 1 (0.22%) Master's Degree
5 1 (0.22%) MBA
Quality Assurance & Compliance
1 8 (1.77%) QA
2 5 (1.10%) PMO
3 3 (0.66%) Dodd-Frank
3 3 (0.66%) EMIR
3 3 (0.66%) IFRS
3 3 (0.66%) UCITS
4 2 (0.44%) GAAP
4 2 (0.44%) MiFID
5 1 (0.22%) Basel III
5 1 (0.22%) COREP
5 1 (0.22%) CRD IV
5 1 (0.22%) Data Quality
5 1 (0.22%) IFRS 9
5 1 (0.22%) ISO/IEC 27001
5 1 (0.22%) Sarbanes-Oxley
System Software
1 98 (21.63%) Docker
2 3 (0.66%) HDFS
3 1 (0.22%) Active Directory
3 1 (0.22%) NFS
3 1 (0.22%) Samba
3 1 (0.22%) VMware Infrastructure
3 1 (0.22%) VMware NSX
3 1 (0.22%) XenApp
3 1 (0.22%) XenDesktop
Systems Management
1 79 (17.44%) Kubernetes
2 78 (17.22%) Terraform
3 5 (1.10%) Ansible
3 5 (1.10%) ITRS Geneos
4 4 (0.88%) Opscode Chef
5 1 (0.22%) BladeLogic
5 1 (0.22%) Control-M
5 1 (0.22%) Puppet
5 1 (0.22%) Red Hat Satellite
Vendors
1 62 (13.69%) Google
2 58 (12.80%) Bloomberg
3 41 (9.05%) Oracle
4 30 (6.62%) Microsoft
5 12 (2.65%) Sybase
6 8 (1.77%) Reuters
7 7 (1.55%) ION Trading
8 5 (1.10%) Fidessa
9 4 (0.88%) Atlassian
10 3 (0.66%) CA Agile Central
10 3 (0.66%) Murex
10 3 (0.66%) Red Hat
10 3 (0.66%) Sophis
10 3 (0.66%) TIBCO
11 2 (0.44%) Charles River
11 2 (0.44%) Tableau
12 1 (0.22%) BMC
12 1 (0.22%) Citrix
12 1 (0.22%) DevExpress
12 1 (0.22%) Perforce