The median contractor rate for a Front Office Developer was £650 per day in advertised job vacancies in Canary Wharf during the 3 months to 24 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Front Office Developer
London / Canary Wharf
Rank 25 20 22
Rank change year-on-year -5 +2  
Contract jobs requiring a Front Office Developer 2 4 1
As % of all contract IT jobs advertised in Canary Wharf 1.50% 3.25% 0.88%
As % of the Job Titles category 1.63% 3.60% 0.94%
Number of daily rates quoted 1 4 1
Median daily rate £650 £643 £525
Median daily rate % change year-on-year +1.12% +22.42%  
UK excluding London median daily rate £433 - £550
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Canary Wharf. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Canary Wharf
Contract job vacancies with a job title containing a recognized job role 123 111 106
As % of all contract IT job vacancies advertised in Canary Wharf 92.48% 90.24% 92.98%
Number of daily rates quoted 80 92 66
Median daily rate £550 £480 £500
Median daily rate % change year-on-year +14.58% -4.00%  
90% offered a daily rate of more than £300 £350 £425
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 2 3 0
Median hourly rate £50.00 £29.00 -
Median hourly rate % change year-on-year +72.41% -  
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

Front Office Developer
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf that featured Front Office Developer in the job title.

Job vacancy trend for Front Office Developer in Canary Wharf

Front Office Developer
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Front Office Developer in Canary Wharf.

Contractor daily rate trend for Front Office Developer in Canary Wharf

Front Office Developer Skill Set
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 24 March 2017, Front Office Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region featuring Front Office Developer in the job title.

1 9 (100.00%) Front Office
2 7 (77.78%) Finance
3 6 (66.67%) Java
4 5 (55.56%) Banking
4 5 (55.56%) Investment Banking
5 4 (44.44%) Derivative
6 3 (33.33%) Analytical Skills
6 3 (33.33%) SQL
6 3 (33.33%) Unix
6 3 (33.33%) Linux
6 3 (33.33%) OO
6 3 (33.33%) SDLC
7 2 (22.22%) Sybase
7 2 (22.22%) DB2
7 2 (22.22%) JUnit
7 2 (22.22%) C#
7 2 (22.22%) Perl
7 2 (22.22%) Equities
7 2 (22.22%) Fixed Income
7 2 (22.22%) J2SE
7 2 (22.22%) JMS
7 2 (22.22%) OOD
7 2 (22.22%) RDBMS
7 2 (22.22%) Data Structures
7 2 (22.22%) Electronic Trading
7 2 (22.22%) Relational Database
7 2 (22.22%) Scala
7 2 (22.22%) Agile Software Development
7 2 (22.22%) Spring
7 2 (22.22%) Business Analysis

Front Office Developer Skill Set
Top Related IT Skills in Canary Wharf 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:

Applications
1 1 (11.11%) MS Excel
Database & Business Intelligence
1 2 (22.22%) DB2
1 2 (22.22%) RDBMS
1 2 (22.22%) Relational Database
2 1 (11.11%) KDB
2 1 (11.11%) SQL Server
Development Applications
1 2 (22.22%) JUnit
2 1 (11.11%) Jenkins
2 1 (11.11%) JIRA
2 1 (11.11%) NUnit
General
1 9 (100.00%) Front Office
2 7 (77.78%) Finance
3 5 (55.56%) Banking
3 5 (55.56%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (22.22%) J2SE
1 2 (22.22%) JMS
1 2 (22.22%) Spring
2 1 (11.11%) .NET
2 1 (11.11%) Akka
2 1 (11.11%) FIX Protocol
2 1 (11.11%) HTML
2 1 (11.11%) HTML5
2 1 (11.11%) Kafka
2 1 (11.11%) Middleware
2 1 (11.11%) SOAP
2 1 (11.11%) WCF
2 1 (11.11%) WPF
Miscellaneous
1 4 (44.44%) Derivative
2 3 (33.33%) Analytical Skills
3 2 (22.22%) Data Structures
3 2 (22.22%) Equities
3 2 (22.22%) Fixed Income
4 1 (11.11%) Computer Science
4 1 (11.11%) Equity Derivative
4 1 (11.11%) Grid Computing
4 1 (11.11%) Interest Rate Derivative
4 1 (11.11%) Market Risk
4 1 (11.11%) Virtual Team
Operating Systems
1 3 (33.33%) Linux
1 3 (33.33%) Unix
Processes & Methodologies
1 3 (33.33%) OO
1 3 (33.33%) SDLC
2 2 (22.22%) Agile Software Development
2 2 (22.22%) Business Analysis
2 2 (22.22%) Electronic Trading
2 2 (22.22%) OOD
3 1 (11.11%) Continuous Delivery
3 1 (11.11%) Data Ingestion
3 1 (11.11%) Greeks
3 1 (11.11%) Low Latency
3 1 (11.11%) Mathematics
3 1 (11.11%) Multithreaded Programming
3 1 (11.11%) Multithreading
3 1 (11.11%) Performance Tuning
3 1 (11.11%) Physics
3 1 (11.11%) PnL Attribution
3 1 (11.11%) Regression Testing
3 1 (11.11%) Unit Testing
Programming Languages
1 6 (66.67%) Java
2 3 (33.33%) SQL
3 2 (22.22%) C#
3 2 (22.22%) Perl
3 2 (22.22%) Scala
4 1 (11.11%) JavaScript
4 1 (11.11%) Python
4 1 (11.11%) T-SQL
Qualifications
1 2 (22.22%) Degree
Quality Assurance & Compliance
1 1 (11.11%) QA
Vendors
1 2 (22.22%) Sybase
2 1 (11.11%) Infragistics