Period
to 20 November 2018

The median contractor rate for a Front Office Developer was £650 per day in advertised job vacancies in the City of London during the 6 months to 20 November 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 Nov 2018
Same period 2017 Same period 2016
Rank 176 139 210
Rank change year-on-year -37 +71 -19
Contract jobs requiring a Front Office Developer 76 115 40
As % of all contract IT jobs advertised in the City of London 1.08% 1.62% 0.61%
As % of the Job Titles category 1.13% 1.71% 0.63%
Number of daily rates quoted 72 112 40
City of London median daily rate £650 £613 £575
Median daily rate % change year-on-year +6.12% +6.52% -8.00%
10th Percentile £606 £519 £509
90th Percentile £775 £725 £688
Central London median daily rate £650 £600 £575
% change year-on-year +8.33% +4.35% -8.00%
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 6,726 6,715 6,308
% of contract IT jobs with a recognized job title 95.30% 94.70% 95.65%
Number of daily rates quoted 5,336 5,304 5,018
City of London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £306 £313 £313
90th Percentile £675 £677 £663
Central London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 112 94 77
City of London median hourly rate £18.70 £17.00 £17.50
Median hourly rate % change year-on-year +10.00% -2.86% -7.89%
10th Percentile £13.00 £11.25 £11.50
90th Percentile £27.30 £29.29 £48.40
Central London median hourly rate £18.70 £18.10 £17.21
% change year-on-year +3.31% +5.19% -4.40%

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 November 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 November 2018, Front Office Developer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Front Office Developer in the job title.

1 76 (100.00%) Front Office
2 56 (73.68%) Java
3 49 (64.47%) Banking
4 46 (60.53%) Multithreading
5 41 (53.95%) Agile Software Development
6 31 (40.79%) Equities
6 31 (40.79%) Low Latency
7 29 (38.16%) Electronic Trading
8 28 (36.84%) Derivative
9 27 (35.53%) Investment Banking
10 26 (34.21%) Fixed Income
11 19 (25.00%) Equity Derivative
11 19 (25.00%) Analytics
12 18 (23.68%) Open Source
13 17 (22.37%) Finance
14 16 (21.05%) C#
14 16 (21.05%) Client Onboarding
14 16 (21.05%) Greenfield Project
15 12 (15.79%) SQL
16 11 (14.47%) SQL Server
17 10 (13.16%) Foreign Exchange (FX)
18 9 (11.84%) .NET
18 9 (11.84%) Java 8
19 7 (9.21%) Risk Management
20 6 (7.89%) Migration
20 6 (7.89%) VBA
20 6 (7.89%) Continuous Delivery
21 5 (6.58%) C++
21 5 (6.58%) Microsoft Excel
21 5 (6.58%) Business Intelligence

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:

Applications
1 5 (6.58%) Microsoft Excel
2 1 (1.32%) Spreadsheet
Business Applications
1 2 (2.63%) ION MarketView
Cloud Services
1 4 (5.26%) Cloud Computing
2 3 (3.95%) Amazon AWS
3 1 (1.32%) Microsoft Azure
3 1 (1.32%) Office 365
Database & Business Intelligence
1 11 (14.47%) SQL Server
2 5 (6.58%) SQL Server Analysis Services
3 4 (5.26%) MongoDB
3 4 (5.26%) SQL Server Integration Services
4 3 (3.95%) NoSQL
5 1 (1.32%) Big Data
5 1 (1.32%) DB2
5 1 (1.32%) KDB
5 1 (1.32%) Power BI
5 1 (1.32%) Relational Database
Development Applications
1 2 (2.63%) Atlassian Bamboo
1 2 (2.63%) JIRA
1 2 (2.63%) Maven
1 2 (2.63%) Subversion
2 1 (1.32%) Bitbucket
2 1 (1.32%) Eclipse
2 1 (1.32%) Git (software)
2 1 (1.32%) IntelliJ
2 1 (1.32%) MSTest
2 1 (1.32%) NUnit
2 1 (1.32%) SpecFlow
2 1 (1.32%) Visual Studio
2 1 (1.32%) Visual Studio Code
General
1 76 (100.00%) Front Office
2 49 (64.47%) Banking
3 27 (35.53%) Investment Banking
4 17 (22.37%) Finance
5 1 (1.32%) Advertising
5 1 (1.32%) Financial Institution
Libraries, Frameworks & Software Standards
1 9 (11.84%) .NET
2 5 (6.58%) WCF
3 4 (5.26%) ASP.NET
3 4 (5.26%) FIX Protocol
3 4 (5.26%) WF
4 2 (2.63%) AngularJS
4 2 (2.63%) JMS
4 2 (2.63%) Middleware
4 2 (2.63%) Node.js
4 2 (2.63%) Socket.IO
4 2 (2.63%) Spring
5 1 (1.32%) Angular 2
5 1 (1.32%) Apache Camel
5 1 (1.32%) ASP.NET Web API
5 1 (1.32%) HTML5
5 1 (1.32%) Kafka
5 1 (1.32%) Kendo UI
5 1 (1.32%) REST
5 1 (1.32%) RxJS
5 1 (1.32%) WPF
Miscellaneous
1 31 (40.79%) Equities
2 28 (36.84%) Derivative
3 26 (34.21%) Fixed Income
4 19 (25.00%) Equity Derivative
5 16 (21.05%) Greenfield Project
6 10 (13.16%) Foreign Exchange (FX)
7 5 (6.58%) Grid Computing
7 5 (6.58%) Market Risk
8 2 (2.63%) Algorithms
8 2 (2.63%) Data Structures
9 1 (1.32%) Computer Science
9 1 (1.32%) Credit Derivative
9 1 (1.32%) Credit Risk
9 1 (1.32%) Enterprise Software
9 1 (1.32%) Interest Rate Derivative
9 1 (1.32%) Reference Data
9 1 (1.32%) Swaptions
Operating Systems
1 3 (3.95%) Linux
1 3 (3.95%) Windows
2 1 (1.32%) Windows 10
Processes & Methodologies
1 46 (60.53%) Multithreading
2 41 (53.95%) Agile Software Development
3 31 (40.79%) Low Latency
4 29 (38.16%) Electronic Trading
5 19 (25.00%) Analytics
6 18 (23.68%) Open Source
7 16 (21.05%) Client Onboarding
8 7 (9.21%) Risk Management
9 6 (7.89%) Continuous Delivery
9 6 (7.89%) Migration
10 5 (6.58%) Algorithmic Trading
10 5 (6.58%) Business Intelligence
10 5 (6.58%) Web Development
11 4 (5.26%) Change Control
11 4 (5.26%) MVC
11 4 (5.26%) OO
11 4 (5.26%) Risk Analytics
11 4 (5.26%) TDD
11 4 (5.26%) Test Automation
12 3 (3.95%) Market Making
Programming Languages
1 56 (73.68%) Java
2 16 (21.05%) C#
3 12 (15.79%) SQL
4 9 (11.84%) Java 8
5 6 (7.89%) VBA
6 5 (6.58%) C++
7 3 (3.95%) JavaScript
8 2 (2.63%) PowerShell
8 2 (2.63%) Python
8 2 (2.63%) TypeScript
9 1 (1.32%) Bash Shell
9 1 (1.32%) R
Qualifications
1 1 (1.32%) Computer Science Degree
1 1 (1.32%) Degree
Quality Assurance & Compliance
1 1 (1.32%) QA
Systems Management
1 2 (2.63%) Control-M
2 1 (1.32%) Ansible
Vendors
1 5 (6.58%) Microsoft
2 4 (5.26%) FXall
3 3 (3.95%) Currenex
4 2 (2.63%) ION Trading
4 2 (2.63%) TIBCO
5 1 (1.32%) Solace