Period
to 20 January 2018

The median contractor rate for a Front Office Developer was £625 per day in advertised job vacancies in the City of London during the 6 months to 20 January 2018.

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.

Front Office Developer
Central London > City of London
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 163 185 170
Rank change year-on-year +22 -15 +56
Contract jobs requiring a Front Office Developer 82 46 67
As % of all contract IT jobs advertised in the City of London 1.16% 0.74% 0.94%
As % of the Job Titles category 1.24% 0.77% 0.98%
Number of daily rates quoted 81 44 64
City of London median daily rate £625 £575 £625
Median daily rate % change year-on-year +8.70% -8.00% +4.17%
10th Percentile £543 £513 £513
90th Percentile £738 £688 £663
Central London median daily rate £625 £600 £625
% change year-on-year +4.17% -4.00% +4.17%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6,639 5,939 6,818
% of contract IT jobs with a recognized job title 94.22% 95.51% 95.64%
Number of daily rates quoted 5,277 4,715 5,381
City of London median daily rate £500 £475 £460
Median daily rate % change year-on-year +5.26% +3.26% +5.14%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.26%
Number of hourly rates quoted 89 66 97
City of London median hourly rate £17.00 £17.66 £20.00
Median hourly rate % change year-on-year -3.75% -11.69% +17.65%
10th Percentile £11.25 £12.82 £11.30
90th Percentile £30.80 £55.00 £41.45
Central London median hourly rate £18.10 £17.00 £19.50
% change year-on-year +6.47% -12.82% +18.18%

Front Office Developer
Job Vacancy Trend in the City of London

Job postings that featured Front Office Developer in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Front Office Developer in the City of London

Front Office Developer
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 Front Office Developer in the City of London.

Contractor daily rate trend for Front Office Developer in the City of London

Front Office Developer
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Front Office Developer in the City of London over the 6 months to 20 January 2018.

Contractor daily rate histogram for Front Office Developer in the City of London

Front Office Developer
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 Front Office Developer in the City of London.

Contractor hourly rate trend for Front Office Developer in the City of London

Front Office Developer Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 20 January 2018, 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 City of London region featuring Front Office Developer in the job title.

1 82 (100.00%) Front Office
2 51 (62.20%) Finance
2 51 (62.20%) Java
3 50 (60.98%) Banking
4 31 (37.80%) Equities
5 30 (36.59%) Relational Database
6 29 (35.37%) Multithreading
6 29 (35.37%) C#
6 29 (35.37%) SDLC
7 27 (32.93%) RDBMS
8 22 (26.83%) Analytical Skills
9 20 (24.39%) Low Latency
9 20 (24.39%) Derivative
9 20 (24.39%) SQL
9 20 (24.39%) .NET
10 19 (23.17%) VBA
10 19 (23.17%) Electronic Trading
11 18 (21.95%) Agile Software Development
11 18 (21.95%) Investment Banking
12 17 (20.73%) Risk Management
12 17 (20.73%) SQL Server
13 14 (17.07%) Foreign Exchange (FX)
14 12 (14.63%) Microsoft Excel
14 12 (14.63%) Oracle
14 12 (14.63%) Equity Derivative
15 11 (13.41%) Python
16 10 (12.20%) Computer Science
17 9 (10.98%) Asset Management
18 8 (9.76%) Migration
18 8 (9.76%) WPF

Front Office Developer Skill Set
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 6 (7.32%) GemFire
2 5 (6.10%) Oracle Coherence
Applications
1 12 (14.63%) Microsoft Excel
2 2 (2.44%) Spreadsheet
Business Applications
1 1 (1.22%) Kondor
1 1 (1.22%) Orchestrade
1 1 (1.22%) RMDS
Cloud Services
1 6 (7.32%) Cloud Computing
Database & Business Intelligence
1 30 (36.59%) Relational Database
2 27 (32.93%) RDBMS
3 17 (20.73%) SQL Server
4 3 (3.66%) MS Access
4 3 (3.66%) SQL Server 2008
5 2 (2.44%) Blockchain
5 2 (2.44%) SQL Server 2012
5 2 (2.44%) SQL Server Integration Services
5 2 (2.44%) SQL Server Reporting Services
6 1 (1.22%) NoSQL
6 1 (1.22%) SAP Data Services
Development Applications
1 1 (1.22%) JIRA
1 1 (1.22%) Visual Studio
General
1 82 (100.00%) Front Office
2 51 (62.20%) Finance
3 50 (60.98%) Banking
4 18 (21.95%) Investment Banking
5 4 (4.88%) Telecoms
6 2 (2.44%) Back Office
7 1 (1.22%) Advertising
7 1 (1.22%) Financial Institution
Libraries, Frameworks & Software Standards
1 20 (24.39%) .NET
2 8 (9.76%) WPF
3 6 (7.32%) .NET Framework
3 6 (7.32%) FIX Protocol
4 5 (6.10%) HTML
5 4 (4.88%) WCF
6 3 (3.66%) AngularJS
6 3 (3.66%) HTML5
7 2 (2.44%) ASP.NET
7 2 (2.44%) MDX
7 2 (2.44%) WinForms
8 1 (1.22%) Caliburn.Micro
8 1 (1.22%) Hibernate
8 1 (1.22%) LINQ
8 1 (1.22%) Middleware
8 1 (1.22%) Node.js
8 1 (1.22%) React
8 1 (1.22%) RESTful
8 1 (1.22%) Spring
8 1 (1.22%) XML
Miscellaneous
1 31 (37.80%) Equities
2 22 (26.83%) Analytical Skills
3 20 (24.39%) Derivative
4 14 (17.07%) Foreign Exchange (FX)
5 12 (14.63%) Equity Derivative
6 10 (12.20%) Computer Science
7 6 (7.32%) Grid Computing
8 5 (6.10%) Fixed Income
9 3 (3.66%) Algorithms
10 2 (2.44%) Interest Rate Derivative
10 2 (2.44%) Swaptions
11 1 (1.22%) Data Structures
11 1 (1.22%) Exotic Derivative
11 1 (1.22%) N-Tier
Operating Systems
1 2 (2.44%) Unix
Processes & Methodologies
1 29 (35.37%) Multithreading
1 29 (35.37%) SDLC
2 20 (24.39%) Low Latency
3 19 (23.17%) Electronic Trading
4 18 (21.95%) Agile Software Development
5 17 (20.73%) Risk Management
6 9 (10.98%) Asset Management
7 8 (9.76%) Migration
8 7 (8.54%) Mathematics
8 7 (8.54%) Unit Testing
9 6 (7.32%) Integration Testing
9 6 (7.32%) Issue Tracking
9 6 (7.32%) Ultra-Low Latency
10 5 (6.10%) OO
11 4 (4.88%) Concurrent Programming
12 3 (3.66%) Portfolio Management
12 3 (3.66%) RAD
12 3 (3.66%) Wealth Management
13 2 (2.44%) Investment Management
13 2 (2.44%) System Testing
Programming Languages
1 51 (62.20%) Java
2 29 (35.37%) C#
3 20 (24.39%) SQL
4 19 (23.17%) VBA
5 11 (13.41%) Python
6 6 (7.32%) C++
6 6 (7.32%) Scala
7 2 (2.44%) C
7 2 (2.44%) F#
8 1 (1.22%) JavaScript
8 1 (1.22%) R
8 1 (1.22%) Shell Script
Qualifications
1 7 (8.54%) Degree
2 6 (7.32%) Computer Science Degree
Quality Assurance & Compliance
1 4 (4.88%) MiFID
2 2 (2.44%) SLA
3 1 (1.22%) EMIR
Systems Management
1 1 (1.22%) HP Quality Center
Vendors
1 12 (14.63%) Oracle
2 6 (7.32%) Microsoft
3 3 (3.66%) Bloomberg
3 3 (3.66%) Reuters
4 2 (2.44%) DevExpress
5 1 (1.22%) Murex
5 1 (1.22%) Sybase
5 1 (1.22%) TIBCO