London Front Office Contracts

This section looks at the prevalence of the term 'Front Office' in contract IT jobs within the London region together with a comparison to our General terms category. Included is a guide to the contractor rates offered in IT jobs that have cited Front Office over the 3 months to 20 August 2008 with a comparison to the same period last year.

Front Office
Location Basingstoke Belfast Berkshire Birmingham Bournemouth Brentford Bristol Cambridge Cambridgeshire Canary Wharf Cheshire City of London County Antrim Derby Derbyshire Docklands, London Dorset East Midlands East of England Edinburgh England Glasgow Hampshire Hertfordshire Leatherhead London Maidenhead Manchester Merseyside Midlands North West Northern Ireland Oxford Oxfordshire Reading Scotland Slough Somerset South East South West Street Surrey Swindon Taunton UK West Midlands West Sussex Wiltshire	3 months to 20 Aug 2008	Same period last year
Rank	19	16
Rank change on same period last year	-3
Matching contract IT job ads	2317	4506
As % of all UK contract IT job ads sampled	3.058 %	4.488 %
As % of the category below	12.26 %	16.25 %
Daily rates quoted	1343	2304
Average minimum daily rate	£515	£524
Average daily rate	£555	£563
% change on same period last year	-1.47 %
Average maximum daily rate	£594	£602
UK excluding London average daily rate	£396	£465
% change on same period last year	-15.01 %
Hourly rates quoted	1	13
Average minimum hourly rate	£40.00	£34.54
Average hourly rate	£47.50	£37.73
% change on same period last year	+25.89 %
Average maximum hourly rate	£55.00	£40.92
UK excluding London average hourly rate	£25.00	-
% change on same period last year	-
General London
Matching contract IT job ads	18902	27729
As % of all UK contract IT job ads sampled	24.94 %	27.62 %
Daily rates quoted	8821	11350
Average minimum daily rate	£436	£444
Average daily rate	£469	£474
% change on same period last year	-1.08 %
Average maximum daily rate	£502	£505
UK excluding London average daily rate	£382	£381
% change on same period last year	+0.31 %
Hourly rates quoted	707	947
Average minimum hourly rate	£24.69	£24.33
Average hourly rate	£26.49	£26.14
% change on same period last year	+1.34 %
Average maximum hourly rate	£28.29	£27.95
UK excluding London average hourly rate	£27.85	£27.05
% change on same period last year	+2.97 %
Front Office England

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Front Office
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Front Office across the London region as a proportion of the total demand within the General category.

Front Office
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Front Office across the London region.

Front Office
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Front Office across the London region over the 3 months to 20 August 2008.

Front Office
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Front Office across the London region.

Front Office
Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Front Office within the London region over the 3 months to 20 August 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

Location	Rank Change on Same Period Last Last	Matching Contract IT Job Ads	Average Daily Rate Last 3 Months	Average Daily Rate % Change on Same Period Last Year
City of London	-3	1006	£540	-2.43 %
Docklands, London	-7	94	£573	-1.99 %
Canary Wharf	-2	67	£574	+8.81 %
Brentford	-	2	-	-

Front Office England

Front Office
Top 30 Related IT Skills

For the 6 months to 20 August 2008, IT contractor jobs across the London region citing Front Office also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Front Office.

1 1982 (41.14 %) Banking 2 1931 (40.08 %) Derivative 3 1504 (31.22 %) Investment Banking 4 1496 (31.05 %) Finance 5 1306 (27.11 %) Java 6 1299 (26.96 %) C# 7 1054 (21.88 %) SQL 8 944 (19.59 %) Fixed Income 9 909 (18.87 %) C++ 10 772 (16.02 %) Foreign Exchange (FX) 11 764 (15.86 %) UNIX 12 719 (14.92 %) Equities 13 678 (14.07 %) .NET 14 639 (13.26 %) Equity Derivative 15 589 (12.22 %) SQL Server

16 533 (11.06 %) Sybase 17 501 (10.40 %) OO 18 471 (9.776 %) VBA 19 446 (9.257 %) Oracle 20 389 (8.074 %) Credit Derivative 21 356 (7.389 %) Windows 22 347 (7.202 %) Risk Management 23 303 (6.289 %) Back Office 24 297 (6.164 %) Asset Management 25 287 (5.957 %) Interest Rate Derivative 26 280 (5.812 %) Project Management 27 279 (5.791 %) Degree 28 275 (5.708 %) Business Analysis 29 249 (5.168 %) Bloomberg 30 240 (4.981 %) Linux

Front Office
Top Related IT Skills by Category

For the 6 months to 20 August 2008, IT contractor jobs across the London region citing Front Office also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Front Office. Up to 20 skills are shown per category.

Application Development 1 678 (14.07 %) .NET 2 235 (4.878 %) WinForms 3 227 (4.711 %) XML 4 220 (4.566 %) Spring 5 167 (3.466 %) J2EE 6 134 (2.781 %) Hibernate 7 126 (2.615 %) FIX Protocol 8 109 (2.262 %) WebServices 9 102 (2.117 %) J2SE 10 86 (1.785 %) ASP.NET 11 83 (1.723 %) Swing 12 73 (1.515 %) Middleware 13 52 (1.079 %) HTML 13 52 (1.079 %) MFC 14 49 (1.017 %) JMS 15 44 (0.913 %) Murex Flex 16 43 (0.892 %) .NET Framework 16 43 (0.892 %) JDBC 17 37 (0.768 %) XSLT 18 35 (0.726 %) STL	Application Platforms 1 78 (1.619 %) Rendezvous 2 52 (1.079 %) TIBCO EMS 3 48 (0.996 %) MTS 4 32 (0.664 %) WebLogic 5 25 (0.519 %) Tomcat 6 24 (0.498 %) Apache 7 23 (0.477 %) BizTalk Server 8 22 (0.457 %) JBoss 9 21 (0.436 %) MQSeries 10 11 (0.228 %) SmartSockets 11 10 (0.208 %) Lotus Notes 12 8 (0.166 %) SharePoint 13 4 (0.083 %) WebSphere MQ 13 4 (0.083 %) Documentum 13 4 (0.083 %) WebSphere Application Server 14 3 (0.062 %) Oracle Workflow 14 3 (0.062 %) WebSphere Message Broker 14 3 (0.062 %) SharePoint Server 2007 15 2 (0.042 %) WMQI 15 2 (0.042 %) ESB
Applications 1 123 (2.553 %) MS Excel 2 95 (1.972 %) Spreadsheet 3 71 (1.474 %) MS Office 4 30 (0.623 %) MS Project 5 29 (0.602 %) MS Visio 6 21 (0.436 %) MS PowerPoint 7 4 (0.083 %) Photoshop 8 2 (0.042 %) MATLAB 9 1 (0.021 %) RoboHelp 9 1 (0.021 %) Fireworks 9 1 (0.021 %) S-PLUS 9 1 (0.021 %) CA Clarity	Business Applications 1 67 (1.391 %) Capstone 2 63 (1.308 %) Global One 3 56 (1.162 %) Summit 4 54 (1.121 %) Minerva 5 49 (1.017 %) Endur 6 45 (0.934 %) Tesseract 7 34 (0.706 %) RMDS 8 21 (0.436 %) Sentinel 9 18 (0.374 %) Kondor+ 10 11 (0.228 %) FENICS FX 11 10 (0.208 %) Sophis RISQUE 12 8 (0.166 %) Findur 13 6 (0.125 %) TIBCO iProcess 13 6 (0.125 %) Oracle EBS 14 5 (0.104 %) BusinessWorks 14 5 (0.104 %) Decalog 14 5 (0.104 %) Adaptiv 15 4 (0.083 %) Murex MxG2000 16 3 (0.062 %) Oracle Financials 16 3 (0.062 %) HiInvest
Communications & Networking 1 24 (0.498 %) TCP/IP 2 23 (0.477 %) Internet 3 16 (0.332 %) PBX 4 13 (0.270 %) Intranet 5 11 (0.228 %) Firewall 6 7 (0.145 %) LAN 6 7 (0.145 %) WAN 7 5 (0.104 %) FTP 7 5 (0.104 %) HTTP 8 4 (0.083 %) DNS 8 4 (0.083 %) LDAP 9 3 (0.062 %) VPN 9 3 (0.062 %) Extranet 9 3 (0.062 %) SSH 10 2 (0.042 %) DHCP 11 1 (0.021 %) BGP 11 1 (0.021 %) OSPF 11 1 (0.021 %) Wireless	Database & Business Intelligence 1 589 (12.22 %) SQL Server 2 87 (1.806 %) SQL Server 2005 3 80 (1.660 %) RDBMS 4 62 (1.287 %) MS Access 5 43 (0.892 %) SQL Server 2000 6 42 (0.872 %) Datawarehouse 7 38 (0.789 %) SQL Server Integration Services 8 36 (0.747 %) SQL Server Reporting Services 9 29 (0.602 %) Oracle 8/8i 10 26 (0.540 %) BusinessObjects 11 20 (0.415 %) Reference Data 12 16 (0.332 %) SQL Server Analysis Services 13 14 (0.291 %) DB2 14 12 (0.249 %) Oracle 9i 14 12 (0.249 %) ETL 15 11 (0.228 %) Crystal Reports 15 11 (0.228 %) DTS 15 11 (0.228 %) Data Cleansing 16 10 (0.208 %) Microsoft Analysis Services 16 10 (0.208 %) Oracle 10g
Development Applications 1 71 (1.474 %) NUnit 2 67 (1.391 %) Ant 3 62 (1.287 %) JUnit 4 39 (0.809 %) Log4Net 5 34 (0.706 %) ClearCase 6 28 (0.581 %) Eclipse 7 27 (0.560 %) Subversion 8 23 (0.477 %) Visual Studio 9 22 (0.457 %) TestDirector 10 8 (0.166 %) CruiseControl 10 8 (0.166 %) QuickTest Pro 11 7 (0.145 %) LoadRunner 11 7 (0.145 %) ClearQuest 12 6 (0.125 %) JProbe 13 5 (0.104 %) Oracle Forms 13 5 (0.104 %) Flash 13 5 (0.104 %) NetAdvantage 14 4 (0.083 %) RequisitePro 14 4 (0.083 %) VSS/SourceSafe 15 3 (0.062 %) WinRunner	General 1 1982 (41.14 %) Banking 2 1504 (31.22 %) Investment Banking 3 1496 (31.05 %) Finance 4 303 (6.289 %) Back Office 5 124 (2.574 %) Financial Institution 6 61 (1.266 %) Government 7 50 (1.038 %) Education 8 35 (0.726 %) Retail 9 26 (0.540 %) Legal 10 22 (0.457 %) Retail Banking 11 19 (0.394 %) Marketing 12 12 (0.249 %) Insurance 13 9 (0.187 %) General Ledger 14 7 (0.145 %) Publishing 14 7 (0.145 %) Private Banking 15 6 (0.125 %) Pensions 16 5 (0.104 %) Health 16 5 (0.104 %) Construction 16 5 (0.104 %) Games 17 4 (0.083 %) Corporate Banking
Job Titles 1 2366 (49.11 %) Developer 2 1511 (31.36 %) Analyst 3 831 (17.25 %) Business Analyst 4 731 (15.17 %) Java Developer 5 664 (13.78 %) C# Developer 6 366 (7.597 %) Support Analyst 7 324 (6.725 %) C++ Developer 8 296 (6.144 %) Front Office Developer 9 277 (5.749 %) Senior Developer 10 274 (5.687 %) Project Manager 11 230 (4.774 %) Applications Support 12 199 (4.130 %) Excel Developer 13 173 (3.591 %) VBA Developer 14 153 (3.176 %) .NET Developer 15 140 (2.906 %) Senior Java Developer 16 133 (2.760 %) Excel VBA Developer 17 122 (2.532 %) Investment Banking Business Analyst 18 112 (2.325 %) SQL Developer 19 110 (2.283 %) Applications Support Analyst 20 104 (2.159 %) Senior Analyst	Miscellaneous 1 1931 (40.08 %) Derivative 2 944 (19.59 %) Fixed Income 3 772 (16.02 %) Foreign Exchange (FX) 4 719 (14.92 %) Equities 5 639 (13.26 %) Equity Derivative 6 389 (8.074 %) Credit Derivative 7 287 (5.957 %) Interest Rate Derivative 8 196 (4.068 %) Credit Risk 9 167 (3.466 %) Multithreading 10 156 (3.238 %) Market Risk 11 76 (1.577 %) Grid Computing 12 61 (1.266 %) Mathematics 13 48 (0.996 %) Computer Science 14 45 (0.934 %) N-Tier 15 35 (0.726 %) Exotic Derivative 16 28 (0.581 %) Management Information System 17 25 (0.519 %) Client/Server 18 24 (0.498 %) Physics 19 14 (0.291 %) Hybrid Derivative 19 14 (0.291 %) Blackberry
Operating Systems 1 764 (15.86 %) UNIX 2 356 (7.389 %) Windows 3 240 (4.981 %) Linux 4 88 (1.826 %) Solaris 5 49 (1.017 %) Windows XP 6 21 (0.436 %) Red Hat Linux 7 15 (0.311 %) Windows 2000 8 13 (0.270 %) Windows NT 9 12 (0.249 %) HPUX 10 4 (0.083 %) Debian 10 4 (0.083 %) Windows Server 2003 11 1 (0.021 %) AIX 11 1 (0.021 %) VxWorks 11 1 (0.021 %) Red Hat Enterprise Linux	Processes & Methodologies 1 501 (10.40 %) OO 2 347 (7.202 %) Risk Management 3 297 (6.164 %) Asset Management 4 280 (5.812 %) Project Management 5 275 (5.708 %) Business Analysis 6 190 (3.944 %) Investment Management 7 186 (3.861 %) Electronic Trading 8 155 (3.217 %) User Acceptance Testing 9 149 (3.093 %) Migration 10 146 (3.030 %) Agile Software Development 11 131 (2.719 %) Change Management 12 112 (2.325 %) Algorithmic Trading 13 109 (2.262 %) RAD 14 108 (2.242 %) Workflow 15 106 (2.200 %) UML 15 106 (2.200 %) E-Commerce 16 86 (1.785 %) OOD 17 81 (1.681 %) TDD 18 76 (1.577 %) Fund Management 19 62 (1.287 %) Scrum
Programming Languages 1 1306 (27.11 %) Java 2 1299 (26.96 %) C# 3 1054 (21.88 %) SQL 4 909 (18.87 %) C++ 5 471 (9.776 %) VBA 6 229 (4.753 %) Perl 7 221 (4.587 %) VB 8 145 (3.010 %) Shell Script 9 94 (1.951 %) VC++ 10 67 (1.391 %) C 11 64 (1.328 %) Transact-SQL 12 53 (1.100 %) VB.NET 13 40 (0.830 %) JavaScript 14 38 (0.789 %) VB6 15 35 (0.726 %) PL/SQL 16 29 (0.602 %) Python 17 27 (0.560 %) Korn 18 22 (0.457 %) Tcl 19 21 (0.436 %) VBScript 20 5 (0.104 %) PHP	Qualifications 1 279 (5.791 %) Degree 2 9 (0.187 %) PhD 2 9 (0.187 %) ISEB 3 6 (0.125 %) CISSP 4 4 (0.083 %) ITIL Certification 5 3 (0.062 %) ACCA 5 3 (0.062 %) CFA 6 2 (0.042 %) CIMA 6 2 (0.042 %) MBA 7 1 (0.021 %) MCAD 7 1 (0.021 %) Postgraduate 7 1 (0.021 %) Cisco Certification 7 1 (0.021 %) Microsoft Certification 7 1 (0.021 %) PRINCE2 Certification 7 1 (0.021 %) CCNP 7 1 (0.021 %) PRINCE2 Practitioner 7 1 (0.021 %) ISEB Practitioner 7 1 (0.021 %) ISTQB
Quality Assurance & Compliance 1 83 (1.723 %) QA 2 41 (0.851 %) Sarbanes-Oxley 3 19 (0.394 %) SLA 4 14 (0.291 %) Basel II 5 1 (0.021 %) MiFID	System Software 1 7 (0.145 %) Active Directory 2 6 (0.125 %) Orbix 3 2 (0.042 %) Oracle RMAN 3 2 (0.042 %) NetBackup 3 2 (0.042 %) NFS 4 1 (0.021 %) Oracle RAC
Systems Management 1 26 (0.540 %) CONTROL-M 2 11 (0.228 %) AutoSys 3 4 (0.083 %) Tivoli 4 2 (0.042 %) Nagios 4 2 (0.042 %) MOM 5 1 (0.021 %) Unicenter 5 1 (0.021 %) CiscoWorks 5 1 (0.021 %) BMC PATROL 5 1 (0.021 %) Norton AntiVirus	Vendors 1 533 (11.06 %) Sybase 2 446 (9.257 %) Oracle 3 249 (5.168 %) Bloomberg 4 210 (4.359 %) TIBCO 5 196 (4.068 %) Microsoft 6 177 (3.674 %) Calypso 7 167 (3.466 %) Murex 8 165 (3.425 %) Reuters 9 153 (3.176 %) Fidessa 10 109 (2.262 %) LatentZero 11 80 (1.660 %) Sophis 12 59 (1.225 %) thinkFolio 12 59 (1.225 %) Tradeweb 13 57 (1.183 %) OpenLink 14 55 (1.142 %) Charles River 15 44 (0.913 %) DataSynapse 16 43 (0.892 %) Tangosol 17 39 (0.809 %) Syncfusion 18 30 (0.623 %) eSpeed 18 30 (0.623 %) GL TRADE