Period
to 20 September 2021

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 20 September 2021 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
20 Sep 2021
Same period 2020 Same period 2019
Rank 317 122 359
Rank change year-on-year -195 +237 -12
Contract jobs citing Derivative 637 601 598
As % of all contract jobs advertised in the UK 0.81% 2.06% 0.67%
As % of the Miscellaneous category 2.71% 6.55% 2.33%
Number of daily rates quoted 500 525 374
10th Percentile £463 £500 £416
25th Percentile £538 £538 £523
Median daily rate (50th Percentile) £641 £625 £625
Median % change year-on-year +2.60% - +2.04%
75th Percentile £725 £750 £710
90th Percentile £813 £813 £750
UK excluding London median daily rate £493 £478 £355
% change year-on-year +3.14% +34.65% -25.26%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £73.00
UK excluding London median hourly rate - - -

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 23,535 9,175 25,656
As % of all contract IT jobs advertised in the UK 29.76% 31.46% 28.91%
Number of daily rates quoted 16,350 6,166 16,809
10th Percentile £306 £270 £275
25th Percentile £413 £375 £375
Median daily rate (50th Percentile) £513 £491 £475
Median % change year-on-year +4.33% +3.42% -
75th Percentile £625 £613 £575
90th Percentile £713 £725 £675
UK excluding London median daily rate £450 £425 £425
% change year-on-year +5.88% - -
Number of hourly rates quoted 684 325 871
10th Percentile £12.00 £12.54 £11.63
25th Percentile £15.04 £17.25 £14.26
Median hourly rate £24.90 £27.00 £20.96
Median % change year-on-year -7.80% +28.85% -0.21%
75th Percentile £49.52 £46.00 £47.38
90th Percentile £65.00 £57.50 £53.75
UK excluding London median hourly rate £21.00 £24.00 £19.64
% change year-on-year -12.50% +22.20% +1.32%

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 20 September 2021.

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 8 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 20 September 2021. 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 -182 605 £650 +4.00% 67
London -96 592 £650 +4.00% 62
Work from Home -192 96 £600 -7.69% 10
UK excluding London -122 38 £493 +3.14% 9
Northern Ireland +6 14 £475 +10.21% 4
East of England - 11 £575 - 2
Scotland - 11 £493 -
South West -40 2 £700 -

For the 6 months to 20 September 2021, 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.

1 398 (62.48%) Finance
2 297 (46.62%) Banking
3 288 (45.21%) Front Office
4 286 (44.90%) Java
5 261 (40.97%) Agile Software Development
6 254 (39.87%) SQL
7 250 (39.25%) Foreign Exchange (FX)
8 232 (36.42%) Python
9 214 (33.59%) Investment Banking
9 214 (33.59%) Fixed Income
10 164 (25.75%) C#
11 163 (25.59%) AWS
12 156 (24.49%) Equities
13 142 (22.29%) Asset Management
14 141 (22.14%) Software Engineering
15 138 (21.66%) JavaScript
16 128 (20.09%) AngularJS
17 126 (19.78%) React
18 121 (19.00%) Multithreading
19 119 (18.68%) Social Skills
19 119 (18.68%) Full Stack Development
20 116 (18.21%) C++
21 115 (18.05%) TypeScript
22 101 (15.86%) Analytics
22 101 (15.86%) Azure
23 93 (14.60%) .NET
23 93 (14.60%) Investment Management
24 87 (13.66%) Kotlin
25 82 (12.87%) Oracle
26 78 (12.24%) Web Services

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 31 (4.87%) Apache
2 19 (2.98%) Apache Airflow
3 13 (2.04%) OpenStack
4 11 (1.73%) WebSphere
5 8 (1.26%) Confluence
6 6 (0.94%) Apache Spark
7 5 (0.78%) DataSynapse
7 5 (0.78%) Jupyter
8 4 (0.63%) Elasticsearch
9 2 (0.31%) MQSeries
9 2 (0.31%) Oracle Coherence
9 2 (0.31%) Oracle Workflow
10 1 (0.16%) JBoss
10 1 (0.16%) Tomcat
10 1 (0.16%) WebLogic
Applications
1 48 (7.54%) Microsoft Excel
2 13 (2.04%) Microsoft Project
3 6 (0.94%) Microsoft Office
3 6 (0.94%) Microsoft PowerPoint
4 5 (0.78%) Spreadsheet
5 3 (0.47%) MS Visio
5 3 (0.47%) Sketch
Business Applications
1 12 (1.88%) Orchestrade
2 11 (1.73%) Markit EDM
3 7 (1.10%) thinkFolio
4 4 (0.63%) Summit
5 2 (0.31%) BusinessWorks
5 2 (0.31%) Eagle PACE
5 2 (0.31%) Oracle Subledger Accounting
5 2 (0.31%) SimCorp Dimension
5 2 (0.31%) SunGard Martini
6 1 (0.16%) Aligne
6 1 (0.16%) Eikon
6 1 (0.16%) Endur
6 1 (0.16%) FINCAD Analytics
6 1 (0.16%) ION MarketView
6 1 (0.16%) LatentZero
6 1 (0.16%) LongView
6 1 (0.16%) Oracle FAH
6 1 (0.16%) Oracle General Ledger
6 1 (0.16%) SunGard GMI
Cloud Services
1 163 (25.59%) AWS
2 101 (15.86%) Azure
3 62 (9.73%) GCP
4 48 (7.54%) Amazon S3
4 48 (7.54%) AWS Lambda
4 48 (7.54%) Serverless
5 43 (6.75%) Amazon EC2
6 14 (2.20%) npm
7 5 (0.78%) AWS CloudFormation
7 5 (0.78%) AWS CodePipeline
8 4 (0.63%) Amazon EKS
8 4 (0.63%) Apigee
8 4 (0.63%) Power Platform
9 3 (0.47%) Amazon ECS
9 3 (0.47%) OpenShift
10 2 (0.31%) Azure Service Bus
10 2 (0.31%) GitHub
Communications & Networking
1 31 (4.87%) TCP/IP
2 28 (4.40%) SSL
3 13 (2.04%) 3GPP
3 13 (2.04%) SGSN
3 13 (2.04%) Software-Defined Networking
4 12 (1.88%) HTTP
5 8 (1.26%) Multicast
6 7 (1.10%) Firewall
7 4 (0.63%) FIX Connectivity
8 1 (0.16%) LAN
Database & Business Intelligence
1 59 (9.26%) SQL Server
2 46 (7.22%) Amazon DynamoDB
3 30 (4.71%) Apache Ignite
3 30 (4.71%) Hazelcast
4 29 (4.55%) Redis
5 24 (3.77%) Relational Database
6 17 (2.67%) Amazon Athena
7 15 (2.35%) Oracle Database
8 13 (2.04%) RDBMS
9 10 (1.57%) Data Warehouse
10 9 (1.41%) Big Data
11 8 (1.26%) Data Mart
11 8 (1.26%) Hadoop
12 7 (1.10%) HBase
13 5 (0.78%) Data Lake
13 5 (0.78%) Data Mining
13 5 (0.78%) NoSQL
13 5 (0.78%) Qlik Sense
14 4 (0.63%) Oracle Reports
14 4 (0.63%) Power BI
Development Applications
1 66 (10.36%) Git (software)
2 53 (8.32%) JIRA
3 30 (4.71%) Visual Studio
4 29 (4.55%) TeamCity
5 25 (3.92%) Maven
6 21 (3.30%) Jenkins
7 14 (2.20%) Grunt
8 11 (1.73%) Bitbucket
9 9 (1.41%) Octopus Deploy
9 9 (1.41%) Subversion
10 8 (1.26%) JUnit
11 6 (0.94%) SonarQube
12 5 (0.78%) Mockito
13 3 (0.47%) Cucumber
14 2 (0.31%) Artifactory
14 2 (0.31%) Gradle
14 2 (0.31%) Moq
14 2 (0.31%) Selenium
15 1 (0.16%) CppUnit
15 1 (0.16%) Oracle APEX
General
1 398 (62.48%) Finance
2 297 (46.62%) Banking
3 288 (45.21%) Front Office
4 214 (33.59%) Investment Banking
5 119 (18.68%) Social Skills
6 42 (6.59%) Analytical Skills
7 18 (2.83%) Financial Institution
8 14 (2.20%) Back Office
9 12 (1.88%) French Language
10 7 (1.10%) Presentation Skills
11 6 (0.94%) Influencing Skills
11 6 (0.94%) Telecoms
12 5 (0.78%) Inclusion and Diversity
12 5 (0.78%) Legal
13 4 (0.63%) Public Speaking
13 4 (0.63%) Retail Banking
14 3 (0.47%) Documentation Skills
14 3 (0.47%) Organisational Skills
14 3 (0.47%) Prime Brokerage
15 2 (0.31%) Private Banking
Job Titles
1 412 (64.68%) Developer
2 147 (23.08%) Java Developer
3 120 (18.84%) Analyst
4 103 (16.17%) Python Developer
5 95 (14.91%) C# Developer
6 88 (13.81%) Front Office Developer
7 81 (12.72%) Senior Developer
8 69 (10.83%) Senior Java Developer
9 63 (9.89%) Business Analyst
10 57 (8.95%) Developer/Software Engineer
10 57 (8.95%) Software Engineer
11 56 (8.79%) JavaScript Developer
12 54 (8.48%) Python Engineer
13 53 (8.32%) React Developer
14 49 (7.69%) Python Software Engineer
15 41 (6.44%) Lead Developer
16 40 (6.28%) Banking Analyst
17 37 (5.81%) Investment Banking Java Developer
17 37 (5.81%) Risk Analyst
18 36 (5.65%) C++ Developer
Libraries, Frameworks & Software Standards
1 128 (20.09%) AngularJS
2 126 (19.78%) React
3 93 (14.60%) .NET
4 78 (12.24%) Web Services
5 61 (9.58%) Node.js
5 61 (9.58%) Spring
6 59 (9.26%) Spring Boot
7 55 (8.63%) Vue.js
8 47 (7.38%) RESTful
9 36 (5.65%) XML
10 30 (4.71%) FIX Protocol
10 30 (4.71%) JSON
11 29 (4.55%) GraphQL
12 28 (4.40%) Memcached
13 25 (3.92%) WPF
14 17 (2.67%) YAML
15 16 (2.51%) .NET Framework
16 15 (2.35%) STL
17 14 (2.20%) Middleware
17 14 (2.20%) REST
Miscellaneous
1 250 (39.25%) Foreign Exchange (FX)
2 214 (33.59%) Fixed Income
3 156 (24.49%) Equities
4 65 (10.20%) Data Structures
5 58 (9.11%) Hedge funds
6 50 (7.85%) Algorithms
6 50 (7.85%) Interest Rate Derivative
7 46 (7.22%) Credit Risk
8 45 (7.06%) Equity Derivative
9 38 (5.97%) Credit Derivative
10 33 (5.18%) OTC Derivatives
11 30 (4.71%) Market Risk
12 22 (3.45%) Greenfield Project
13 21 (3.30%) Legacy Systems
14 13 (2.04%) Data Centre
14 13 (2.04%) Data Protection Act
14 13 (2.04%) User Experience
15 10 (1.57%) Management Information System
16 9 (1.41%) Cloud Native
17 7 (1.10%) Reference Data
Operating Systems
1 78 (12.24%) Linux
2 28 (4.40%) Unix
3 25 (3.92%) Windows
Processes & Methodologies
1 261 (40.97%) Agile Software Development
2 142 (22.29%) Asset Management
3 141 (22.14%) Software Engineering
4 121 (19.00%) Multithreading
5 119 (18.68%) Full Stack Development
6 101 (15.86%) Analytics
7 93 (14.60%) Investment Management
8 75 (11.77%) TDD
9 66 (10.36%) Performance Tuning
10 56 (8.79%) Electronic Trading
11 53 (8.32%) Risk Management
12 48 (7.54%) API Design
12 48 (7.54%) API Development
13 47 (7.38%) Continuous Integration
13 47 (7.38%) SDLC
14 46 (7.22%) Microservices
15 45 (7.06%) OO
16 44 (6.91%) Low Latency
17 42 (6.59%) Business Analysis
18 41 (6.44%) Scrum
Programming Languages
1 286 (44.90%) Java
2 254 (39.87%) SQL
3 232 (36.42%) Python
4 164 (25.75%) C#
5 138 (21.66%) JavaScript
6 116 (18.21%) C++
7 115 (18.05%) TypeScript
8 87 (13.66%) Kotlin
9 69 (10.83%) Scala
10 54 (8.48%) Java 8
11 38 (5.97%) PL/SQL
12 30 (4.71%) Haskell
13 29 (4.55%) VBA
14 14 (2.20%) Perl
15 12 (1.88%) Shell Script
16 11 (1.73%) R
17 5 (0.78%) VB.NET
18 4 (0.63%) PHP
18 4 (0.63%) VB
19 3 (0.47%) C
Qualifications
1 30 (4.71%) Degree
2 12 (1.88%) Computer Science Degree
3 2 (0.31%) ACCA
3 2 (0.31%) CFA
3 2 (0.31%) MBA
3 2 (0.31%) PhD
3 2 (0.31%) PRINCE2 Certification
4 1 (0.16%) CIMA
4 1 (0.16%) Numerate Degree
Quality Assurance & Compliance
1 24 (3.77%) MiFID
2 13 (2.04%) OASIS TOSCA
3 11 (1.73%) EMIR
4 9 (1.41%) Data Quality
5 7 (1.10%) PMO
5 7 (1.10%) QA
6 6 (0.94%) Dodd-Frank
7 4 (0.63%) Basel III
7 4 (0.63%) CRD IV
8 3 (0.47%) UCITS
9 2 (0.31%) GDPR
9 2 (0.31%) SLA
10 1 (0.16%) AIFMD
10 1 (0.16%) Basel II
10 1 (0.16%) FATCA
10 1 (0.16%) GAAP
10 1 (0.16%) IFRS
System Software
1 40 (6.28%) Docker
2 13 (2.04%) KVM
2 13 (2.04%) LXC
2 13 (2.04%) VMware ESXi
3 3 (0.47%) Active Directory
Systems Management
1 37 (5.81%) Kubernetes
2 13 (2.04%) Cloudify
2 13 (2.04%) Docker Swarm
2 13 (2.04%) Grafana
2 13 (2.04%) Juju
2 13 (2.04%) Prometheus
3 12 (1.88%) ITRS Geneos
4 11 (1.73%) Terraform
5 5 (0.78%) Ansible
6 3 (0.47%) Control-M
6 3 (0.47%) SCCM
7 2 (0.31%) BladeLogic
Vendors
1 82 (12.87%) Oracle
2 27 (4.24%) Microsoft
3 24 (3.77%) Bloomberg
4 21 (3.30%) Murex
5 16 (2.51%) IBM
6 13 (2.04%) Cisco
6 13 (2.04%) Ericsson
6 13 (2.04%) Juniper
6 13 (2.04%) Mirantis
6 13 (2.04%) Red Hat
7 11 (1.73%) Citrix
8 10 (1.57%) Splunk
9 9 (1.41%) Charles River
10 8 (1.26%) TIBCO
11 7 (1.10%) SimCorp
12 6 (0.94%) Fidessa
12 6 (0.94%) Google
13 5 (0.78%) Sybase
14 4 (0.63%) Calypso
15 3 (0.47%) SunGard