Period
to 20 November 2017

The table below looks at the prevalence of the term Back Office in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Back Office over the 6 months to 20 November 2017 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.

Back Office
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 150 145 152
Rank change year-on-year -5 +7 -17
Contract jobs citing Back Office 97 108 130
As % of all contract IT jobs advertised in the City of London 1.37% 1.64% 1.42%
As % of the General category 2.46% 3.10% 2.64%
Number of daily rates quoted 67 79 92
City of London median daily rate £575 £525 £488
Median daily rate % change year-on-year +9.52% +7.69% +2.63%
10th Percentile £393 £373 £313
90th Percentile £785 £638 £638
Central London median daily rate £550 £525 £475
% change year-on-year +4.76% +10.53% +1.06%
Number of hourly rates quoted 1 0 1
City of London median hourly rate £41.00 - £22.50
10th Percentile £39.00 - £21.25
90th Percentile £43.00 - £23.75
Central London median hourly rate £41.00 - £22.50

Back Office is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 3942 3486 4930
As % of all contract IT jobs advertised in the City of London 55.62% 52.86% 53.93%
Number of daily rates quoted 3171 2812 3837
City of London median daily rate £525 £500 £488
Median daily rate % change year-on-year +5.00% +2.56% +5.41%
10th Percentile £325 £313 £300
90th Percentile £700 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 38 19 50
City of London median hourly rate £21.25 £20.00 £20.75
Median hourly rate % change year-on-year +6.25% -3.61% +6.41%
10th Percentile £12.86 £11.20 £12.00
90th Percentile £36.95 £49.17 £48.97
Central London median hourly rate £20.88 £20.00 £21.00
% change year-on-year +4.38% -4.76% +5.00%

Back Office
Job Vacancy Trend in the City of London

Job postings citing Back Office as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Back Office in the City of London

Back Office
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Back Office in the City of London.

Contractor daily rate trend for Back Office in the City of London

Back Office
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Back Office in the City of London over the 6 months to 20 November 2017.

Contractor daily rate histogram for Back Office in the City of London

Back Office
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Back Office in the City of London.

Contractor hourly rate trend for Back Office in the City of London

Back Office
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Back Office within the City of London region over the 6 months to 20 November 2017. 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
Moorgate -5 1 - -
London Bridge - 1 £300 -
Back Office
Central London

For the 6 months to 20 November 2017, IT contractor jobs citing Back Office also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Back Office.

1 59 (60.82%) Finance
2 34 (35.05%) Agile Software Development
2 34 (35.05%) Banking
3 30 (30.93%) Front Office
4 28 (28.87%) SQL
5 20 (20.62%) Fixed Income
5 20 (20.62%) Investment Banking
6 19 (19.59%) Project Management
7 17 (17.53%) Business Analysis
7 17 (17.53%) Derivative
8 16 (16.49%) XML
9 15 (15.46%) Java
9 15 (15.46%) Foreign Exchange (FX)
9 15 (15.46%) Asset Management
10 14 (14.43%) SQL Server
10 14 (14.43%) Waterfall
11 13 (13.40%) Microsoft
11 13 (13.40%) MiFID
12 12 (12.37%) Equities
13 11 (11.34%) QA
13 11 (11.34%) C#
13 11 (11.34%) Unix
13 11 (11.34%) EMIR
14 10 (10.31%) SDLC
14 10 (10.31%) Oracle
14 10 (10.31%) Linux
14 10 (10.31%) TIBCO
14 10 (10.31%) Risk Management
14 10 (10.31%) JIRA
14 10 (10.31%) User Acceptance Testing

Back Office
Co-occurring IT Skills in the City of London 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 2 (2.06%) WebSphere
2 1 (1.03%) CMS
2 1 (1.03%) Confluence
Applications
1 6 (6.19%) MS Visio
2 5 (5.15%) Microsoft Office
3 3 (3.09%) Microsoft Excel
3 3 (3.09%) Microsoft PowerPoint
4 1 (1.03%) Microsoft Project
4 1 (1.03%) Spreadsheet
Business Applications
1 4 (4.12%) BusinessWorks
1 4 (4.12%) Kondor
2 3 (3.09%) Endur
2 3 (3.09%) Temenos T24
3 2 (2.06%) Oracle Cash Management
4 1 (1.03%) Dynamics CRM
4 1 (1.03%) SAP CO
4 1 (1.03%) SAP FI
4 1 (1.03%) SAP FI/CO
4 1 (1.03%) SAP Oil and Gas
4 1 (1.03%) SAP SD
Cloud Services
1 3 (3.09%) Microsoft Azure
2 2 (2.06%) GitHub
3 1 (1.03%) Amazon AWS
Communications & Networking
1 4 (4.12%) TCP/IP
2 1 (1.03%) DMZ
2 1 (1.03%) Firewall
2 1 (1.03%) LAN
Database & Business Intelligence
1 14 (14.43%) SQL Server
2 7 (7.22%) Relational Database
3 5 (5.15%) RDBMS
4 4 (4.12%) DB2
4 4 (4.12%) KDB
4 4 (4.12%) Kdb+
4 4 (4.12%) SQL Server Integration Services
4 4 (4.12%) Sybase ASE
5 2 (2.06%) Big Data
5 2 (2.06%) DTS
5 2 (2.06%) Hadoop
5 2 (2.06%) Power BI
5 2 (2.06%) SQL Server 2000
5 2 (2.06%) SQL Server 2008
5 2 (2.06%) SQL Server 2016
5 2 (2.06%) SQL Server Reporting Services
5 2 (2.06%) Sybase IQ
6 1 (1.03%) NoSQL
6 1 (1.03%) PostgreSQL
Development Applications
1 10 (10.31%) JIRA
1 10 (10.31%) Maven
2 9 (9.28%) Subversion
3 5 (5.15%) Git (software)
4 4 (4.12%) JIRA Agile
4 4 (4.12%) Team Foundation Server
5 2 (2.06%) ClearCase
5 2 (2.06%) Jenkins
5 2 (2.06%) Octopus Deploy
5 2 (2.06%) Sonatype Nexus
5 2 (2.06%) TeamCity
6 1 (1.03%) Cucumber
6 1 (1.03%) Eclipse
6 1 (1.03%) Visual Studio
General
1 59 (60.82%) Finance
2 34 (35.05%) Banking
3 30 (30.93%) Front Office
4 20 (20.62%) Investment Banking
5 5 (5.15%) Legal
5 5 (5.15%) Marketing
6 3 (3.09%) Advertising
6 3 (3.09%) Financial Institution
6 3 (3.09%) International Banking
6 3 (3.09%) Military
6 3 (3.09%) Spanish Language
7 2 (2.06%) Portuguese Language
8 1 (1.03%) Billing
8 1 (1.03%) French Language
8 1 (1.03%) Games
8 1 (1.03%) Publishing
8 1 (1.03%) Retail
8 1 (1.03%) Retail Banking
Job Titles
1 30 (30.93%) Analyst
1 30 (30.93%) Developer
2 25 (25.77%) Business Analyst
3 15 (15.46%) Project Manager
4 7 (7.22%) Senior Developer
5 6 (6.19%) Java Developer
6 5 (5.15%) C# Developer
6 5 (5.15%) Senior Analyst
6 5 (5.15%) Senior Business Analyst
7 4 (4.12%) .NET Developer
7 4 (4.12%) Contracts Manager
7 4 (4.12%) FX Business Analyst
7 4 (4.12%) IT Manager
7 4 (4.12%) IT Project Manager
7 4 (4.12%) KDB Developer
7 4 (4.12%) Operations Analyst
8 3 (3.09%) Endur Developer
8 3 (3.09%) FIX Specialist
8 3 (3.09%) OpenLink Developer
8 3 (3.09%) Regulatory Business Analyst
Libraries, Frameworks & Software Standards
1 16 (16.49%) XML
2 8 (8.25%) JMS
2 8 (8.25%) Middleware
3 7 (7.22%) .NET
3 7 (7.22%) XSLT
4 6 (6.19%) Rendezvous
5 5 (5.15%) SOAP
6 4 (4.12%) AngularJS
6 4 (4.12%) Spring
6 4 (4.12%) Spring Boot
7 3 (3.09%) .NET Framework
7 3 (3.09%) ASP.NET
7 3 (3.09%) FIX Protocol
7 3 (3.09%) WCF
8 2 (2.06%) CSS
8 2 (2.06%) FpML
8 2 (2.06%) HTML
8 2 (2.06%) TIBCO EMS
8 2 (2.06%) Web Services
8 2 (2.06%) WebSphere MQ
Miscellaneous
1 20 (20.62%) Fixed Income
2 17 (17.53%) Derivative
3 15 (15.46%) Foreign Exchange (FX)
4 12 (12.37%) Equities
5 7 (7.22%) Analytical Skills
6 6 (6.19%) Equity Derivative
7 5 (5.15%) Interest Rate Derivative
7 5 (5.15%) Swaptions
7 5 (5.15%) SWIFT
8 3 (3.09%) Greenfield Project
9 2 (2.06%) Computer Science
9 2 (2.06%) Hedge funds
9 2 (2.06%) Management Information System
9 2 (2.06%) Market Risk
9 2 (2.06%) OTC Derivatives
10 1 (1.03%) Client/Server
10 1 (1.03%) Credit Derivative
10 1 (1.03%) Learning Management System
10 1 (1.03%) NHS
10 1 (1.03%) N-Tier
Operating Systems
1 11 (11.34%) Unix
2 10 (10.31%) Linux
3 7 (7.22%) Solaris
4 2 (2.06%) Red Hat Enterprise Linux
Processes & Methodologies
1 34 (35.05%) Agile Software Development
2 19 (19.59%) Project Management
3 17 (17.53%) Business Analysis
4 15 (15.46%) Asset Management
5 14 (14.43%) Waterfall
6 10 (10.31%) Risk Management
6 10 (10.31%) SDLC
6 10 (10.31%) User Acceptance Testing
7 9 (9.28%) Change Management
7 9 (9.28%) Client Onboarding
7 9 (9.28%) Investment Management
8 8 (8.25%) Test Automation
9 7 (7.22%) BDD
9 7 (7.22%) Electronic Trading
9 7 (7.22%) Integration Testing
9 7 (7.22%) Stakeholder Management
9 7 (7.22%) TDD
9 7 (7.22%) Unit Testing
9 7 (7.22%) Use Case
9 7 (7.22%) Workflow
Programming Languages
1 28 (28.87%) SQL
2 15 (15.46%) Java
3 11 (11.34%) C#
4 8 (8.25%) Shell Script
5 5 (5.15%) C++
5 5 (5.15%) JavaScript
6 4 (4.12%) AWK
6 4 (4.12%) Perl
7 2 (2.06%) R
7 2 (2.06%) T-SQL
8 1 (1.03%) ABAP
8 1 (1.03%) ActionScript
8 1 (1.03%) Python
8 1 (1.03%) Ruby
8 1 (1.03%) TypeScript
8 1 (1.03%) VB
8 1 (1.03%) XPath
Qualifications
1 5 (5.15%) Degree
2 4 (4.12%) CAPM
2 4 (4.12%) PMI Certification
3 3 (3.09%) PRINCE2 Certification
3 3 (3.09%) SC Cleared
3 3 (3.09%) Security Cleared
4 2 (2.06%) Computer Science Degree
4 2 (2.06%) Six Sigma Green Belt
5 1 (1.03%) CISA
5 1 (1.03%) CISM
5 1 (1.03%) CISSP
5 1 (1.03%) ISTQB
Quality Assurance & Compliance
1 13 (13.40%) MiFID
2 11 (11.34%) EMIR
2 11 (11.34%) QA
3 4 (4.12%) GDPR
3 4 (4.12%) SLA
4 3 (3.09%) AIFMD
5 2 (2.06%) Dodd-Frank
5 2 (2.06%) PMO
Systems Management
1 2 (2.06%) HP Quality Center
2 1 (1.03%) Control-M
Vendors
1 13 (13.40%) Microsoft
2 10 (10.31%) Oracle
2 10 (10.31%) TIBCO
3 8 (8.25%) Sybase
4 4 (4.12%) Bloomberg
4 4 (4.12%) Misys
4 4 (4.12%) Murex
4 4 (4.12%) Xerox
5 3 (3.09%) Charles River
5 3 (3.09%) OpenLink
5 3 (3.09%) SAP
5 3 (3.09%) Temenos
6 2 (2.06%) Apigee
6 2 (2.06%) IBM
6 2 (2.06%) Reuters
7 1 (1.03%) Algorithmics
7 1 (1.03%) Barracuda Networks
7 1 (1.03%) Calypso
7 1 (1.03%) DevExpress
7 1 (1.03%) Salesforce.com