Period
to 27 January 2022

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 27 January 2022 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
27 Jan 2022
Same period 2021 Same period 2020
Rank 312 208 336
Rank change year-on-year -104 +128 +43
Contract jobs citing Derivative 733 550 540
As % of all contract jobs advertised in the UK 0.83% 1.30% 0.75%
As % of the Miscellaneous category 2.75% 4.16% 2.64%
Number of daily rates quoted 607 464 353
10th Percentile £523 £475 £475
25th Percentile £550 £538 £550
Median daily rate (50th Percentile) £650 £600 £650
Median % change year-on-year +8.33% -7.69% +4.00%
75th Percentile £750 £700 £713
90th Percentile £850 £800 £800
UK excluding London median daily rate £493 £431 £550
% change year-on-year +14.39% -21.64% +57.14%
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 26,624 13,224 20,427
As % of all contract IT jobs advertised in the UK 30.32% 31.15% 28.55%
Number of daily rates quoted 18,739 8,986 13,361
10th Percentile £300 £258 £250
25th Percentile £415 £363 £363
Median daily rate (50th Percentile) £525 £475 £470
Median % change year-on-year +10.53% +1.06% -1.05%
75th Percentile £638 £588 £575
90th Percentile £744 £688 £675
UK excluding London median daily rate £450 £415 £425
% change year-on-year +8.43% -2.35% -
Number of hourly rates quoted 677 527 812
10th Percentile £12.43 £12.50 £12.30
25th Percentile £16.00 £16.88 £15.15
Median hourly rate £26.50 £26.27 £21.00
Median % change year-on-year +0.88% +25.10% +5.00%
75th Percentile £49.50 £46.75 £44.06
90th Percentile £65.00 £60.00 £52.95
UK excluding London median hourly rate £20.00 £25.00 £20.21
% change year-on-year -20.00% +23.73% +9.22%

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 27 January 2022.

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 27 January 2022. 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
Jobs
England -85 703 £650 +8.33% 106
London -63 700 £650 +8.33% 104
Work from Home -78 128 £575 -4.17% 19
UK excluding London -112 18 £493 +14.39% 3
Scotland - 9 £493 -
Northern Ireland 0 7 £393 -8.93% 1
Midlands -63 1 £530 - 1
South West - 1 - - 1
East Midlands - 1 £530 - 1

For the 6 months to 27 January 2022, 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.

1 490 (66.85%) Finance
2 385 (52.52%) Front Office
3 375 (51.16%) Agile Software Development
4 331 (45.16%) Python
5 309 (42.16%) Foreign Exchange (FX)
6 308 (42.02%) Java
7 262 (35.74%) SQL
8 253 (34.52%) Banking
9 247 (33.70%) Fixed Income
10 238 (32.47%) Equities
11 230 (31.38%) Software Engineering
12 223 (30.42%) AWS
13 216 (29.47%) Asset Management
14 208 (28.38%) JavaScript
15 201 (27.42%) React
16 180 (24.56%) Investment Banking
17 171 (23.33%) C#
18 158 (21.56%) Investment Management
19 156 (21.28%) Social Skills
20 155 (21.15%) Full Stack Development
21 143 (19.51%) Hedge funds
22 141 (19.24%) Analytics
23 110 (15.01%) CI/CD
24 99 (13.51%) C++
25 96 (13.10%) AngularJS
26 95 (12.96%) TypeScript
27 94 (12.82%) Electronic Trading
28 91 (12.41%) .NET
29 89 (12.14%) SQL Server
30 86 (11.73%) 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 23 (3.14%) Confluence
2 22 (3.00%) Apache
3 14 (1.91%) Apache Airflow
4 9 (1.23%) Elasticsearch
5 6 (0.82%) WebSphere
6 4 (0.55%) Apache Spark
6 4 (0.55%) Jupyter
7 3 (0.41%) DataSynapse
8 1 (0.14%) CMS
8 1 (0.14%) IBM HTTP Server
8 1 (0.14%) Oracle Coherence
8 1 (0.14%) Oracle SOA Suite
Applications
1 66 (9.00%) Microsoft Excel
2 18 (2.46%) MS Visio
3 17 (2.32%) Microsoft PowerPoint
4 15 (2.05%) Microsoft Project
5 10 (1.36%) Microsoft Office
6 7 (0.95%) Spreadsheet
7 3 (0.41%) Sketch
8 1 (0.14%) AutoCAD
Business Applications
1 23 (3.14%) BusinessWorks
2 8 (1.09%) Markit EDM
3 6 (0.82%) FINCAD Analytics
3 6 (0.82%) thinkFolio
4 5 (0.68%) Sparx Enterprise Architect
5 4 (0.55%) Endur
5 4 (0.55%) SunGard Martini
6 2 (0.27%) Oracle Cash Management
6 2 (0.27%) SAP S/4HANA
6 2 (0.27%) SimCorp Dimension
6 2 (0.27%) SunGard GMI
7 1 (0.14%) Bloomberg TOMS
7 1 (0.14%) Eagle PACE
7 1 (0.14%) Kondor
7 1 (0.14%) Orchestrade
7 1 (0.14%) SAP BPC
7 1 (0.14%) SAP FI
7 1 (0.14%) SAP FSCM
Cloud Services
1 223 (30.42%) AWS
2 84 (11.46%) Azure
3 73 (9.96%) GCP
4 36 (4.91%) AWS Lambda
4 36 (4.91%) Serverless
5 35 (4.77%) Amazon S3
6 33 (4.50%) Amazon EC2
7 26 (3.55%) npm
8 6 (0.82%) Power Platform
9 5 (0.68%) IaaS
10 4 (0.55%) Amazon EKS
10 4 (0.55%) GitHub
11 3 (0.41%) Amazon ECS
12 2 (0.27%) AWS CloudFormation
12 2 (0.27%) AWS CodePipeline
12 2 (0.27%) OpenShift
13 1 (0.14%) Amazon CloudWatch
13 1 (0.14%) AWS Elastic Beanstalk
13 1 (0.14%) AWS Fargate
13 1 (0.14%) Virtual Private Cloud
Communications & Networking
1 35 (4.77%) TCP/IP
2 18 (2.46%) FIX Connectivity
2 18 (2.46%) HTTP
3 6 (0.82%) Multicast
4 4 (0.55%) LAN
5 3 (0.41%) Internet
6 2 (0.27%) Firewall
6 2 (0.27%) Kerberos
6 2 (0.27%) SSL
7 1 (0.14%) BGP
7 1 (0.14%) DNS
7 1 (0.14%) Ethernet
7 1 (0.14%) GLBP
7 1 (0.14%) HSRP
7 1 (0.14%) IPsec
7 1 (0.14%) MPLS
7 1 (0.14%) OSPF
7 1 (0.14%) RIP
7 1 (0.14%) VPN
7 1 (0.14%) WAN
Database & Business Intelligence
1 89 (12.14%) SQL Server
2 35 (4.77%) Amazon DynamoDB
3 28 (3.82%) Relational Database
4 24 (3.27%) Oracle Database
5 21 (2.86%) Apache Ignite
5 21 (2.86%) NoSQL
6 18 (2.46%) RDBMS
7 13 (1.77%) Amazon Athena
8 9 (1.23%) Tableau
9 8 (1.09%) KDB
10 6 (0.82%) Data Lake
10 6 (0.82%) Hadoop
10 6 (0.82%) Metadata
10 6 (0.82%) Power BI
10 6 (0.82%) Snowflake Schema
11 5 (0.68%) Data Mart
11 5 (0.68%) Data Warehouse
11 5 (0.68%) HBase
11 5 (0.68%) Qlik Sense
12 2 (0.27%) Redis
Development Applications
1 79 (10.78%) Git (software)
2 61 (8.32%) JIRA
3 43 (5.87%) Maven
4 30 (4.09%) TeamCity
5 26 (3.55%) Grunt
6 14 (1.91%) Jenkins
6 14 (1.91%) webpack
7 10 (1.36%) Visual Studio
8 8 (1.09%) Subversion
9 4 (0.55%) Bitbucket
10 3 (0.41%) JUnit
11 2 (0.27%) Bitbucket Server
11 2 (0.27%) Cucumber
11 2 (0.27%) GCC
11 2 (0.27%) Selenium
11 2 (0.27%) Visual Studio Team System
12 1 (0.14%) Crucible
12 1 (0.14%) Protractor
12 1 (0.14%) REST Assured
12 1 (0.14%) Serenity BDD
General
1 490 (66.85%) Finance
2 385 (52.52%) Front Office
3 253 (34.52%) Banking
4 180 (24.56%) Investment Banking
5 156 (21.28%) Social Skills
6 84 (11.46%) Analytical Skills
7 21 (2.86%) Legal
8 17 (2.32%) Back Office
9 16 (2.18%) Presentation Skills
10 12 (1.64%) Public Speaking
11 10 (1.36%) Financial Institution
12 6 (0.82%) International Banking
12 6 (0.82%) Prime Brokerage
13 5 (0.68%) Retail
14 4 (0.55%) Documentation Skills
14 4 (0.55%) Inclusion and Diversity
14 4 (0.55%) Influencing Skills
14 4 (0.55%) Retail Banking
15 3 (0.41%) General Ledger
16 2 (0.27%) Organisational Skills
Job Titles
1 442 (60.30%) Developer
2 157 (21.42%) Java Developer
3 156 (21.28%) Analyst
4 148 (20.19%) Software Engineer
5 147 (20.05%) Developer/Software Engineer
6 144 (19.65%) Python Developer
7 119 (16.23%) Senior Developer
8 113 (15.42%) Business Analyst
9 108 (14.73%) Python Engineer
10 98 (13.37%) Senior Java Developer
11 97 (13.23%) Python Software Engineer
12 80 (10.91%) React Developer
13 60 (8.19%) Front Office Developer
14 53 (7.23%) JavaScript Developer
15 51 (6.96%) Lead Developer
16 49 (6.68%) C# Developer
17 44 (6.00%) Investment Banking Business Analyst
18 42 (5.73%) Banking Analyst
19 41 (5.59%) UI Developer
20 39 (5.32%) Derivatives Business Analyst
Libraries, Frameworks & Software Standards
1 201 (27.42%) React
2 96 (13.10%) AngularJS
3 91 (12.41%) .NET
4 81 (11.05%) Node.js
5 57 (7.78%) Vue.js
6 45 (6.14%) FIX Protocol
7 43 (5.87%) Pandas
8 41 (5.59%) XML
9 40 (5.46%) .NET Core
10 39 (5.32%) NumPy
10 39 (5.32%) SciPy
11 38 (5.18%) RESTful
12 35 (4.77%) Middleware
13 32 (4.37%) ASP.NET
13 32 (4.37%) ASP.NET Core
13 32 (4.37%) ASP.NET Web API
14 30 (4.09%) Rendezvous
15 23 (3.14%) FpML
16 21 (2.86%) HTML
17 20 (2.73%) CSS
Miscellaneous
1 309 (42.16%) Foreign Exchange (FX)
2 247 (33.70%) Fixed Income
3 238 (32.47%) Equities
4 143 (19.51%) Hedge funds
5 69 (9.41%) Credit Derivative
6 54 (7.37%) Data Structures
7 53 (7.23%) Algorithms
8 51 (6.96%) Equity Derivative
9 46 (6.28%) Greenfield Project
10 44 (6.00%) OTC Derivatives
10 44 (6.00%) User Experience
11 38 (5.18%) Market Risk
12 27 (3.68%) Credit Risk
13 14 (1.91%) Interest Rate Derivative
14 10 (1.36%) Reference Data
15 9 (1.23%) Public Cloud
16 7 (0.95%) Legacy Code
17 6 (0.82%) Cloud Native
17 6 (0.82%) Exotic Derivative
17 6 (0.82%) Management Information System
Operating Systems
1 86 (11.73%) Linux
2 62 (8.46%) Windows
3 59 (8.05%) Unix
4 1 (0.14%) Solaris
4 1 (0.14%) Windows 10
4 1 (0.14%) Windows Server
Processes & Methodologies
1 375 (51.16%) Agile Software Development
2 230 (31.38%) Software Engineering
3 216 (29.47%) Asset Management
4 158 (21.56%) Investment Management
5 155 (21.15%) Full Stack Development
6 141 (19.24%) Analytics
7 110 (15.01%) CI/CD
8 94 (12.82%) Electronic Trading
9 83 (11.32%) Multithreading
10 82 (11.19%) OO
11 77 (10.50%) Microservices
12 67 (9.14%) Business Analysis
13 65 (8.87%) DevOps
14 63 (8.59%) Front End Development
15 60 (8.19%) Fintech
15 60 (8.19%) TDD
16 55 (7.50%) Algorithmic Trading
16 55 (7.50%) Risk Management
17 52 (7.09%) Problem-Solving
18 51 (6.96%) OOD
Programming Languages
1 331 (45.16%) Python
2 308 (42.02%) Java
3 262 (35.74%) SQL
4 208 (28.38%) JavaScript
5 171 (23.33%) C#
6 99 (13.51%) C++
7 95 (12.96%) TypeScript
8 54 (7.37%) Kotlin
9 39 (5.32%) Java 8
10 31 (4.23%) Scala
11 27 (3.68%) Perl
12 26 (3.55%) VBA
13 14 (1.91%) ES6
14 11 (1.50%) PL/SQL
15 5 (0.68%) Shell Script
16 4 (0.55%) Haskell
17 3 (0.41%) ActionScript
17 3 (0.41%) PHP
17 3 (0.41%) Ruby
17 3 (0.41%) VB.NET
Qualifications
1 27 (3.68%) Degree
2 8 (1.09%) Computer Science Degree
3 6 (0.82%) Numerate Degree
4 4 (0.55%) PhD
5 2 (0.27%) CFA
6 1 (0.14%) DV Cleared
6 1 (0.14%) Master's Degree
6 1 (0.14%) MBA
6 1 (0.14%) PMI Certification
6 1 (0.14%) PMP
6 1 (0.14%) SC Cleared
6 1 (0.14%) Security Cleared
Quality Assurance & Compliance
1 27 (3.68%) QA
2 26 (3.55%) Dodd-Frank
3 24 (3.27%) MiFID
4 19 (2.59%) Data Quality
4 19 (2.59%) EMIR
5 14 (1.91%) IFRS
6 12 (1.64%) GAAP
7 8 (1.09%) IFRS 9
8 6 (0.82%) Basel III
8 6 (0.82%) FRS 29
8 6 (0.82%) PMO
9 5 (0.68%) COREP
10 4 (0.55%) CRD IV
11 3 (0.41%) SLA
11 3 (0.41%) UCITS
12 2 (0.27%) FATCA
12 2 (0.27%) FINREP
13 1 (0.14%) Basel II
System Software
1 45 (6.14%) Docker
2 5 (0.68%) NFS
3 4 (0.55%) Active Directory
3 4 (0.55%) Samba
4 2 (0.27%) Apache ZooKeeper
5 1 (0.14%) LXC
5 1 (0.14%) pfSense
5 1 (0.14%) Virtual Machines
5 1 (0.14%) VMware ESXi
5 1 (0.14%) VMware Infrastructure
Systems Management
1 42 (5.73%) Kubernetes
2 36 (4.91%) Terraform
3 23 (3.14%) BladeLogic
4 21 (2.86%) ITRS Geneos
5 9 (1.23%) Ansible
6 4 (0.55%) Control-M
7 3 (0.41%) SCCM
8 1 (0.14%) CloudForms
8 1 (0.14%) HAProxy
8 1 (0.14%) Nagios
8 1 (0.14%) Opscode Chef
8 1 (0.14%) Puppet
8 1 (0.14%) SCOM
8 1 (0.14%) ZABBIX
Vendors
1 82 (11.19%) Oracle
2 34 (4.64%) Microsoft
3 30 (4.09%) TIBCO
4 24 (3.27%) Bloomberg
5 23 (3.14%) BMC
6 19 (2.59%) Murex
7 18 (2.46%) IBM
8 12 (1.64%) MarketAxess
8 12 (1.64%) Tradeweb
9 11 (1.50%) ION Trading
9 11 (1.50%) Splunk
9 11 (1.50%) Sybase
10 9 (1.23%) Atlassian
11 8 (1.09%) Fidessa
12 6 (0.82%) SunGard
13 5 (0.68%) Citrix
13 5 (0.68%) Sparx
14 4 (0.55%) Sun
14 4 (0.55%) VMware
15 3 (0.41%) Google