Period
to 24 November 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 November 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 Nov 2020
Same period 2019 Same period 2018
Rank 149 321 354
Rank change year-on-year +172 +33 -114
Contract jobs citing Derivative 638 627 751
As % of all contract jobs advertised in the UK 1.76% 0.77% 0.73%
As % of the Miscellaneous category 5.19% 2.47% 2.25%
Number of daily rates quoted 581 369 554
Median daily rate £625 £650 £625
Median daily rate % change year-on-year -3.85% +4.00% +4.17%
10th Percentile £475 £450 £466
90th Percentile £800 £750 £775
UK excluding London median daily rate £478 £499 £424
% change year-on-year -4.21% +17.83% -10.84%
Number of hourly rates quoted 1 1 1
Median hourly rate £35.00 £73.00 £16.50
Median hourly rate % change year-on-year -52.05% +342.42% -63.33%
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 12,290 25,411 33,406
As % of all contract IT jobs advertised in the UK 33.81% 31.16% 32.40%
Number of daily rates quoted 7,685 16,077 21,802
Median daily rate £475 £465 £475
Median daily rate % change year-on-year +2.15% -2.11% +5.56%
10th Percentile £250 £260 £275
90th Percentile £700 £669 £650
UK excluding London median daily rate £413 £425 £425
% change year-on-year -2.94% - +6.25%
Number of hourly rates quoted 547 1,028 1,049
Median hourly rate £34.13 £22.90 £20.00
Median hourly rate % change year-on-year +49.00% +14.51% -
10th Percentile £12.73 £12.00 £12.10
90th Percentile £57.50 £53.75 £49.00
Median hourly rate £26.39 £22.50 £19.25
% change year-on-year +17.27% +16.88% -0.47%

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 November 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 9 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 November 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 +191 621 £625 -3.85% 62
London +95 616 £625 -3.85% 60
Work from Home -93 52 £631 -9.86% 12
UK excluding London +194 6 £478 -4.21% 2
Midlands +73 2 - -
West Midlands +59 2 - -
Northern Ireland +10 2 £431 -6.30%
South East +156 1 £525 +45.83% 1
East of England +73 1 - -

For the 6 months to 24 November 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.

1 478 (74.92%) Finance
2 466 (73.04%) Front Office
3 431 (67.55%) Fixed Income
4 412 (64.58%) Python
5 406 (63.64%) Java
6 383 (60.03%) Agile Software Development
7 379 (59.40%) Equities
8 365 (57.21%) AWS
9 363 (56.90%) Asset Management
10 354 (55.49%) Web Services
11 329 (51.57%) Software Engineering
12 305 (47.81%) JavaScript
13 293 (45.92%) Foreign Exchange (FX)
14 273 (42.79%) Hedge funds
15 272 (42.63%) Investment Management
16 266 (41.69%) React
17 263 (41.22%) AngularJS
18 200 (31.35%) Vue.js
19 190 (29.78%) Banking
20 188 (29.47%) SQL
21 177 (27.74%) Azure
22 151 (23.67%) GCP
23 150 (23.51%) Investment Banking
24 118 (18.50%) Node.js
25 117 (18.34%) C#
26 115 (18.03%) Kotlin
27 114 (17.87%) Serverless
28 112 (17.55%) AWS Lambda
29 110 (17.24%) Amazon S3
30 108 (16.93%) Amazon EC2

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 57 (8.93%) Apache
2 32 (5.02%) Apache Spark
3 17 (2.66%) Confluence
4 15 (2.35%) JBoss
4 15 (2.35%) Tomcat
5 14 (2.19%) MQSeries
5 14 (2.19%) Red Hat Fuse
5 14 (2.19%) WebLogic
6 10 (1.57%) Elasticsearch
6 10 (1.57%) Jetty
6 10 (1.57%) Oracle Self-Service HR
7 8 (1.25%) Jupyter
8 2 (0.31%) DataSynapse
8 2 (0.31%) OpenStack
9 1 (0.16%) CMS
Applications
1 16 (2.51%) Microsoft Excel
2 6 (0.94%) Chatbot
3 4 (0.63%) Spreadsheet
4 2 (0.31%) Microsoft Office
5 1 (0.16%) Adobe XD
Business Applications
1 27 (4.23%) Markit EDM
2 26 (4.08%) Eagle PACE
3 10 (1.57%) Sparx Enterprise Architect
4 7 (1.10%) Front Arena
5 3 (0.47%) Aligne
5 3 (0.47%) FINCAD Analytics
5 3 (0.47%) Misys Midas
5 3 (0.47%) Orchestrade
6 2 (0.31%) ION MarketView
7 1 (0.16%) Bloomberg TOMS
7 1 (0.16%) BusinessWorks
7 1 (0.16%) Oracle Subledger Accounting
Cloud Services
1 365 (57.21%) AWS
2 177 (27.74%) Azure
3 151 (23.67%) GCP
4 114 (17.87%) Serverless
5 112 (17.55%) AWS Lambda
6 110 (17.24%) Amazon S3
7 108 (16.93%) Amazon EC2
8 45 (7.05%) OpenShift
9 42 (6.58%) Amazon SQS
10 38 (5.96%) Amazon ECS
11 36 (5.64%) AWS CloudFormation
12 2 (0.31%) AWS Step Functions
12 2 (0.31%) Power Platform
12 2 (0.31%) SaaS
13 1 (0.16%) GitHub
13 1 (0.16%) npm
13 1 (0.16%) Yarn
Communications & Networking
1 10 (1.57%) SSH
2 6 (0.94%) FIX Connectivity
3 3 (0.47%) TCP/IP
4 2 (0.31%) 3GPP
4 2 (0.31%) SGSN
4 2 (0.31%) Software-Defined Networking
5 1 (0.16%) DMZ
5 1 (0.16%) DSL
5 1 (0.16%) Firewall
5 1 (0.16%) HTTP
Database & Business Intelligence
1 72 (11.29%) Amazon DynamoDB
2 57 (8.93%) SQL Server
3 50 (7.84%) Apache Ignite
4 39 (6.11%) NoSQL
5 38 (5.96%) Amazon Redshift
6 36 (5.64%) Amazon RDS
7 25 (3.92%) MongoDB
8 14 (2.19%) Oracle Database
8 14 (2.19%) PostgreSQL
8 14 (2.19%) Redis
9 12 (1.88%) Hadoop
10 11 (1.72%) MySQL
11 5 (0.78%) SQL Server Analysis Services
12 4 (0.63%) Data Mart
12 4 (0.63%) Data Mining
12 4 (0.63%) Relational Database
13 3 (0.47%) Apache Cassandra
13 3 (0.47%) Hazelcast
14 2 (0.31%) KDB
14 2 (0.31%) SQL Server Reporting Services
Development Applications
1 51 (7.99%) RStudio
2 45 (7.05%) Artifactory
3 39 (6.11%) Git (software)
3 39 (6.11%) Jenkins
4 29 (4.55%) JIRA
4 29 (4.55%) Maven
5 21 (3.29%) Subversion
6 18 (2.82%) Cucumber
7 15 (2.35%) Selenium
8 13 (2.04%) Eclipse
8 13 (2.04%) Gradle
8 13 (2.04%) IntelliJ
9 12 (1.88%) Octopus Deploy
9 12 (1.88%) Robot Framework
10 11 (1.72%) TeamCity
11 10 (1.57%) Atlassian Bamboo
11 10 (1.57%) Hudson
11 10 (1.57%) Mercurial
11 10 (1.57%) Poseidon for UML
11 10 (1.57%) Vagrant
General
1 478 (74.92%) Finance
2 466 (73.04%) Front Office
3 190 (29.78%) Banking
4 150 (23.51%) Investment Banking
5 30 (4.70%) Back Office
6 4 (0.63%) Public Sector
7 3 (0.47%) Advertising
7 3 (0.47%) Corporate Banking
7 3 (0.47%) Financial Institution
7 3 (0.47%) Legal
8 2 (0.31%) International Banking
8 2 (0.31%) Prime Brokerage
8 2 (0.31%) Retail Banking
8 2 (0.31%) Synthetic Prime Brokerage
8 2 (0.31%) Telecoms
9 1 (0.16%) Dutch Language
9 1 (0.16%) French Language
9 1 (0.16%) Marketing
9 1 (0.16%) Private Banking
Job Titles
1 413 (64.73%) Developer
2 185 (29.00%) Software Engineer
3 173 (27.12%) Developer/Software Engineer
4 155 (24.29%) Python Developer
5 117 (18.34%) JavaScript Developer
6 108 (16.93%) AWS Engineer
7 103 (16.14%) Python Engineer
8 97 (15.20%) Analyst
9 92 (14.42%) Java Developer
10 80 (12.54%) Python Software Engineer
11 79 (12.38%) AWS Developer
12 77 (12.07%) Front Office Developer
13 66 (10.34%) JavaScript Engineer
14 47 (7.37%) Business Analyst
15 45 (7.05%) AWS Software Engineer
16 42 (6.58%) Lead Developer
17 38 (5.96%) Architect
18 37 (5.80%) Finance Manager
19 36 (5.64%) Java Engineer
20 32 (5.02%) Financial Analyst
Libraries, Frameworks & Software Standards
1 354 (55.49%) Web Services
2 266 (41.69%) React
3 263 (41.22%) AngularJS
4 200 (31.35%) Vue.js
5 118 (18.50%) Node.js
6 92 (14.42%) .NET
7 50 (7.84%) .NET Core
8 37 (5.80%) ASP.NET
8 37 (5.80%) ASP.NET Core
8 37 (5.80%) J2EE
9 32 (5.02%) gRPC
9 32 (5.02%) Protocol Buffers
10 29 (4.55%) J2SE
10 29 (4.55%) Pandas
11 26 (4.08%) Shiny
12 22 (3.45%) HTML
12 22 (3.45%) XML
13 18 (2.82%) Spring
13 18 (2.82%) WPF
14 17 (2.66%) Hibernate
Miscellaneous
1 431 (67.55%) Fixed Income
2 379 (59.40%) Equities
3 293 (45.92%) Foreign Exchange (FX)
4 273 (42.79%) Hedge funds
5 58 (9.09%) Credit Derivative
6 53 (8.31%) Greenfield Project
7 36 (5.64%) Equity Derivative
8 35 (5.49%) Blog
9 27 (4.23%) Analytical Skills
10 26 (4.08%) Reference Data
11 24 (3.76%) User Experience
12 20 (3.13%) Market Risk
13 16 (2.51%) OTC Derivatives
14 11 (1.72%) Public Cloud
15 10 (1.57%) Energy Derivatives
16 9 (1.41%) Credit Risk
17 7 (1.10%) Grid Computing
18 6 (0.94%) Interest Rate Derivative
18 6 (0.94%) Robotics
18 6 (0.94%) Swaptions
Operating Systems
1 38 (5.96%) Linux
2 18 (2.82%) CentOS
3 15 (2.35%) Windows
4 10 (1.57%) Android
4 10 (1.57%) Apple iOS
4 10 (1.57%) Debian
4 10 (1.57%) Mac OS X
4 10 (1.57%) Red Hat Enterprise Linux
4 10 (1.57%) Ubuntu
5 8 (1.25%) Unix
6 1 (0.16%) Solaris
Processes & Methodologies
1 383 (60.03%) Agile Software Development
2 363 (56.90%) Asset Management
3 329 (51.57%) Software Engineering
4 272 (42.63%) Investment Management
5 98 (15.36%) DevOps
6 86 (13.48%) Analytics
7 84 (13.17%) Decision-Making
8 81 (12.70%) Migration
9 77 (12.07%) Portfolio Management
10 74 (11.60%) Microservices
11 69 (10.82%) Scrum
12 54 (8.46%) Business Analysis
13 50 (7.84%) Deployment Automation
13 50 (7.84%) Fintech
14 49 (7.68%) Electronic Trading
15 46 (7.21%) Open Source
15 46 (7.21%) TDD
16 41 (6.43%) Test Automation
17 39 (6.11%) Multithreading
18 35 (5.49%) Performance Attribution
Programming Languages
1 412 (64.58%) Python
2 406 (63.64%) Java
3 305 (47.81%) JavaScript
4 188 (29.47%) SQL
5 117 (18.34%) C#
6 115 (18.03%) Kotlin
7 82 (12.85%) R
8 72 (11.29%) C++
9 58 (9.09%) TypeScript
10 57 (8.93%) Scala
11 28 (4.39%) Clojure
12 23 (3.61%) C
13 20 (3.13%) VBA
14 18 (2.82%) Bash Shell
15 17 (2.66%) T-SQL
16 14 (2.19%) Perl
16 14 (2.19%) PL/SQL
17 10 (1.57%) ClojureScript
17 10 (1.57%) Groovy
17 10 (1.57%) Ruby
Qualifications
1 22 (3.45%) Degree
2 14 (2.19%) Security Cleared
3 9 (1.41%) SC Cleared
4 5 (0.78%) DV Cleared
5 4 (0.63%) Numerate Degree
5 4 (0.63%) PhD
6 3 (0.47%) Computer Science Degree
7 2 (0.31%) Master's Degree
Quality Assurance & Compliance
1 6 (0.94%) Data Quality
2 5 (0.78%) EMIR
2 5 (0.78%) GDPR
2 5 (0.78%) QA
3 4 (0.63%) MiFID
4 3 (0.47%) Dodd-Frank
5 2 (0.31%) OASIS TOSCA
5 2 (0.31%) PMO
6 1 (0.16%) COREP
6 1 (0.16%) FINREP
System Software
1 84 (13.17%) Docker
2 2 (0.31%) KVM
2 2 (0.31%) LXC
2 2 (0.31%) VMware ESXi
Systems Management
1 82 (12.85%) Kubernetes
2 70 (10.97%) Terraform
3 10 (1.57%) Puppet
3 10 (1.57%) Salt
4 8 (1.25%) Consul
4 8 (1.25%) Packer
5 7 (1.10%) ITRS Geneos
6 5 (0.78%) Tivoli
7 2 (0.31%) Cloudify
7 2 (0.31%) Control-M
7 2 (0.31%) Docker Swarm
7 2 (0.31%) Grafana
7 2 (0.31%) Juju
7 2 (0.31%) Prometheus
8 1 (0.16%) BladeLogic
8 1 (0.16%) IBM BigFix
Vendors
1 92 (14.42%) Google
2 70 (10.97%) Bloomberg
3 36 (5.64%) Oracle
4 27 (4.23%) Reuters
5 26 (4.08%) FactSet
6 16 (2.51%) Red Hat
6 16 (2.51%) Sybase
7 14 (2.19%) Axway
7 14 (2.19%) MuleSoft
7 14 (2.19%) Sparx
8 13 (2.04%) Murex
9 12 (1.88%) Microsoft
10 10 (1.57%) Cloudera
10 10 (1.57%) Hortonworks
11 3 (0.47%) Apple
11 3 (0.47%) Atlassian
11 3 (0.47%) FIS
11 3 (0.47%) OpenLink
11 3 (0.47%) ServiceNow
11 3 (0.47%) Solace