Period
to 19 November 2017

The median contractor rate for a Front Office Developer was £600 per day in advertised job vacancies in the City of London during the 6 months to 19 November 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.

Front Office Developer
Central London > City of London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 130 211 190
Rank change year-on-year +81 -21 +37
Contract jobs requiring a Front Office Developer 113 42 82
As % of all contract IT jobs advertised in the City of London 1.61% 0.63% 0.89%
As % of the Job Titles category 1.70% 0.66% 0.94%
Number of daily rates quoted 110 42 79
City of London median daily rate £600 £575 £625
Median daily rate % change year-on-year +4.35% -8.00% +4.17%
10th Percentile £519 £479 £513
90th Percentile £725 £688 £675
Central London median daily rate £600 £575 £625
% change year-on-year +4.35% -8.00% +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 6642 6353 8750
% of contract IT jobs with a recognized job title 94.53% 95.51% 95.26%
Number of daily rates quoted 5247 5051 6871
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £273
90th Percentile £675 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 77 125
City of London median hourly rate £17.00 £17.50 £18.00
Median hourly rate % change year-on-year -2.86% -2.78% +5.88%
10th Percentile £11.25 £11.50 £10.20
90th Percentile £29.29 £48.40 £38.05
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +9.09%

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 19 November 2017.

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 19 November 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 City of London region featuring Front Office Developer in the job title.

1 113 (100.00%) Front Office
2 74 (65.49%) Finance
2 74 (65.49%) Java
3 67 (59.29%) Banking
4 53 (46.90%) Equities
5 49 (43.36%) Multithreading
6 34 (30.09%) SDLC
7 33 (29.20%) Relational Database
8 31 (27.43%) Electronic Trading
8 31 (27.43%) Agile Software Development
8 31 (27.43%) RDBMS
9 30 (26.55%) C#
10 28 (24.78%) SQL
10 28 (24.78%) Derivative
10 28 (24.78%) Low Latency
11 27 (23.89%) Risk Management
12 25 (22.12%) Analytical Skills
13 23 (20.35%) Investment Banking
14 22 (19.47%) .NET
14 22 (19.47%) Foreign Exchange (FX)
15 19 (16.81%) VBA
16 18 (15.93%) SQL Server
17 15 (13.27%) TDD
18 14 (12.39%) Python
18 14 (12.39%) Equity Derivative
19 12 (10.62%) Microsoft Excel
19 12 (10.62%) C++
19 12 (10.62%) Oracle
20 10 (8.85%) Migration
20 10 (8.85%) 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 (5.31%) Oracle Coherence
2 5 (4.42%) Apache
2 5 (4.42%) GemFire
3 1 (0.88%) MQSeries
Applications
1 12 (10.62%) Microsoft Excel
2 2 (1.77%) Spreadsheet
Business Applications
1 2 (1.77%) Orchestrade
1 2 (1.77%) RMDS
2 1 (0.88%) ION MarketView
2 1 (0.88%) Kondor
Cloud Services
1 6 (5.31%) Cloud Computing
Database & Business Intelligence
1 33 (29.20%) Relational Database
2 31 (27.43%) RDBMS
3 18 (15.93%) SQL Server
4 5 (4.42%) KDB
4 5 (4.42%) SQLite
5 3 (2.65%) MS Access
6 2 (1.77%) Blockchain
6 2 (1.77%) SQL Server 2008
7 1 (0.88%) SQL Server 2012
7 1 (0.88%) SQL Server Integration Services
7 1 (0.88%) SQL Server Reporting Services
Development Applications
1 4 (3.54%) Cucumber
1 4 (3.54%) Eclipse
1 4 (3.54%) Gradle
1 4 (3.54%) Maven
1 4 (3.54%) Robot Framework
1 4 (3.54%) TeamCity
2 2 (1.77%) Team Foundation Server
3 1 (0.88%) Git (software)
3 1 (0.88%) JIRA
3 1 (0.88%) Subversion
General
1 113 (100.00%) Front Office
2 74 (65.49%) Finance
3 67 (59.29%) Banking
4 23 (20.35%) Investment Banking
5 4 (3.54%) Telecoms
6 2 (1.77%) Back Office
6 2 (1.77%) Financial Institution
7 1 (0.88%) Advertising
Libraries, Frameworks & Software Standards
1 22 (19.47%) .NET
2 10 (8.85%) WPF
3 7 (6.19%) .NET Framework
3 7 (6.19%) FIX Protocol
3 7 (6.19%) WCF
4 5 (4.42%) Kafka
5 4 (3.54%) HTML
6 3 (2.65%) HTML5
6 3 (2.65%) LINQ
6 3 (2.65%) Spring
7 2 (1.77%) Hibernate
7 2 (1.77%) MDX
7 2 (1.77%) WinForms
8 1 (0.88%) AngularJS
8 1 (0.88%) ASP.NET
8 1 (0.88%) Caliburn.Micro
8 1 (0.88%) Middleware
8 1 (0.88%) Task Parallel Library
8 1 (0.88%) TIBCO EMS
8 1 (0.88%) XML
Miscellaneous
1 53 (46.90%) Equities
2 28 (24.78%) Derivative
3 25 (22.12%) Analytical Skills
4 22 (19.47%) Foreign Exchange (FX)
5 14 (12.39%) Equity Derivative
6 9 (7.96%) Computer Science
7 8 (7.08%) Fixed Income
8 6 (5.31%) Grid Computing
9 3 (2.65%) Algorithms
10 2 (1.77%) Fintech
10 2 (1.77%) Interest Rate Derivative
10 2 (1.77%) Market Risk
10 2 (1.77%) Swaptions
11 1 (0.88%) Data Structures
11 1 (0.88%) Exotic Derivative
11 1 (0.88%) Greenfield Project
11 1 (0.88%) Hedge funds
11 1 (0.88%) N-Tier
Operating Systems
1 7 (6.19%) Linux
2 6 (5.31%) Windows
3 4 (3.54%) Windows Server
4 3 (2.65%) Unix
5 1 (0.88%) Red Hat Enterprise Linux
Processes & Methodologies
1 49 (43.36%) Multithreading
2 34 (30.09%) SDLC
3 31 (27.43%) Agile Software Development
3 31 (27.43%) Electronic Trading
4 28 (24.78%) Low Latency
5 27 (23.89%) Risk Management
6 15 (13.27%) TDD
7 10 (8.85%) Migration
8 9 (7.96%) Concurrent Programming
8 9 (7.96%) OO
9 8 (7.08%) Multithreaded Programming
10 7 (6.19%) Asset Management
10 7 (6.19%) Integration Testing
10 7 (6.19%) Unit Testing
11 6 (5.31%) Issue Tracking
11 6 (5.31%) Mathematics
12 5 (4.42%) Test Automation
12 5 (4.42%) Ultra-Low Latency
13 4 (3.54%) Functional Testing
13 4 (3.54%) Non-Functional Testing
Programming Languages
1 74 (65.49%) Java
2 30 (26.55%) C#
3 28 (24.78%) SQL
4 19 (16.81%) VBA
5 14 (12.39%) Python
6 12 (10.62%) C++
7 6 (5.31%) Scala
8 1 (0.88%) C
8 1 (0.88%) F#
Qualifications
1 5 (4.42%) Computer Science Degree
1 5 (4.42%) Degree
Quality Assurance & Compliance
1 5 (4.42%) MiFID
2 1 (0.88%) EMIR
2 1 (0.88%) SLA
System Software
1 5 (4.42%) Docker
Systems Management
1 1 (0.88%) HP Quality Center
Vendors
1 12 (10.62%) Oracle
2 5 (4.42%) IBM
2 5 (4.42%) Microsoft
3 3 (2.65%) Bloomberg
3 3 (2.65%) Reuters
3 3 (2.65%) Sybase
4 2 (1.77%) DevExpress
4 2 (1.77%) Murex
4 2 (1.77%) TIBCO
5 1 (0.88%) ION Trading