The event, which is part of the 2013 UK City of Culture celebrations, will take place over the May Bank Holiday weekend from the 2-6 May.
It will feature over 300 events including international, national and local talent.
Headliners for the festival include New Orleans based band Soul Rebels and UK Jazz Musician of the year, The Neil Cowley Trio.
All male vocal group The Overtones will also be performing during the festival, as will the Puppini Sisters who have performed alongside Michael Bublé.
The wealth of international, national and local talent that will descend on the city's venues over the May Bank Holiday is incredible.
Kevin Campbell, Mayor of Derry
Speaking at the launch event on Wednesday Derry City Mayor, Councillor Kevin Campbell, said the festival had become 'a signature event for the city and one that showcases the city at its very best.'
"The jazz festival is one the people of this city look forward to year on year; as well as being an event that visitors to the city plan their Bank Holiday arrangements around.
"Accommodation is already at a premium with the City of Culture 2013 accolade giving an added boost to this year's event and with a programme like this music lovers will not be disappointed."
Chairman of the Culture Company, Martin Bradley added: 'Whether it's going to one of the many gigs, participating in workshops or browsing through the vintage fair in Ebrington Square the City of Derry Jazz and Big Band Festival is sure to bring fun, music, energy and dance to the city."
One of the highlights will be the Vintage Fair which will take place in the grounds of Ebrington Barracks on Saturday 4 May.
We have been fortunate to have been able to bring together a programme that has wide appeal.
Elaine Griffin, Derry City Council
A host of local musicians will also be performing over the weekend.
Gay McIntyre, who is celebrating his 80th birthday this year, will be joined by other local legends including John Trotter, George Quigley, Jim Mc Dermott & Friends, Portabello, and the Palais Swing Band.
Derry City Council's Elaine Griffin said: "It's important to recognise the contribution that our local musicians make to this Festival.
"The already existing talent that lives and breathes in this city makes this festival what it has become and the local musicians that participate in the programme, have become ambassadors for their city and festival."