Period
to 7 April 2020

The table below looks at the prevalence of the term Front 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 Front Office over the 6 months to 7 April 2020 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.

Front Office
Central London > City of London
6 months to
7 Apr 2020
Same period 2019 Same period 2018
Rank 57 44 24
Rank change year-on-year -13 -20 +4
Contract jobs citing Front Office 161 330 479
As % of all contract jobs advertised in the City of London 3.91% 4.83% 6.74%
As % of the General category 8.73% 9.16% 12.21%
Number of daily rates quoted 132 284 411
Median daily rate £625 £650 £625
Median daily rate % change year-on-year -3.85% +4.00% +4.17%
10th Percentile £428 £525 £463
90th Percentile £763 £800 £800
Central London median daily rate £625 £650 £625
% change year-on-year -3.85% +4.00% +4.17%
Number of hourly rates quoted 2 2 0
Median hourly rate £35.00 £80.25 -
Median hourly rate % change year-on-year -56.39% - -
Central London median hourly rate £35.00 £19.00 £30.00
% change year-on-year +84.21% -36.67% +122.22%

Front 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 1,844 3,601 3,924
As % of all contract IT jobs advertised in the City of London 44.79% 52.72% 55.22%
Number of daily rates quoted 1,331 2,724 3,094
Median daily rate £525 £525 £525
10th Percentile £305 £313 £325
90th Percentile £694 £688 £713
Central London median daily rate £511 £525 £525
% change year-on-year -2.62% - +5.00%
Number of hourly rates quoted 44 29 52
Median hourly rate £27.09 £21.00 £21.11
Median hourly rate % change year-on-year +28.99% -0.53% +2.89%
10th Percentile £12.42 £12.46 £11.87
90th Percentile £38.75 £46.41 £38.50
Median hourly rate £29.00 £20.00 £21.23
% change year-on-year +45.00% -5.77% +3.33%

Front Office
Job Vacancy Trend in the City of London

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

Job vacancy trend for Front Office in the City of London

Front Office
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Front Office in the City of London.

Daily rate trend for Front Office in the City of London

Front Office
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Front Office in the City of London over the 6 months to 7 April 2020.

Daily rate histogram for Front Office in the City of London

Front Office
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Front Office in the City of London.

Hourly rate trend for Front Office in the City of London

Front 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 Front Office within the City of London region over the 6 months to 7 April 2020. 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 - 1 £238 -
Front Office
Central London

For the 6 months to 7 April 2020, IT contractor jobs citing Front Office also mentioned the following 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 with a requirement for Front Office.

1 66 (40.99%) Banking
2 53 (32.92%) Agile Software Development
2 53 (32.92%) Finance
2 53 (32.92%) Java
3 49 (30.43%) Python
4 42 (26.09%) C#
5 36 (22.36%) .NET
6 35 (21.74%) Foreign Exchange (FX)
7 33 (20.50%) Investment Banking
8 29 (18.01%) Multithreading
9 28 (17.39%) SQL
10 27 (16.77%) Derivative
11 26 (16.15%) Greenfield Project
12 25 (15.53%) Fixed Income
13 24 (14.91%) TDD
14 22 (13.66%) Low Latency
15 18 (11.18%) HTML
15 18 (11.18%) Problem-Solving
16 16 (9.94%) AngularJS
16 16 (9.94%) SQL Server
16 16 (9.94%) Electronic Trading
17 15 (9.32%) C++
17 15 (9.32%) Analytics
18 14 (8.70%) CSS
19 13 (8.07%) Oracle
19 13 (8.07%) WPF
20 11 (6.83%) Stakeholder Management
20 11 (6.83%) Financial Institution
20 11 (6.83%) Risk Management
20 11 (6.83%) JavaScript

Front 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 3 (1.86%) Confluence
1 3 (1.86%) Elasticsearch
2 1 (0.62%) Apache
2 1 (0.62%) Apache Spark
2 1 (0.62%) Mule
2 1 (0.62%) Oracle Coherence
2 1 (0.62%) SharePoint
Applications
1 7 (4.35%) Microsoft Excel
2 4 (2.48%) Spreadsheet
3 1 (0.62%) MS Visio
Business Applications
1 7 (4.35%) Sophis RISQUE
2 4 (2.48%) Front Arena
3 1 (0.62%) Endur
3 1 (0.62%) Markit EDM
3 1 (0.62%) OpenLink RightAngle
3 1 (0.62%) thinkFolio
Cloud Services
1 6 (3.73%) Azure
1 6 (3.73%) Cloud Computing
2 5 (3.11%) Power Platform
3 4 (2.48%) GCP
4 3 (1.86%) AWS
5 2 (1.24%) Office 365
6 1 (0.62%) GitHub
6 1 (0.62%) Serverless
Communications & Networking
1 5 (3.11%) Multicast
2 4 (2.48%) Cisco Nexus
3 3 (1.86%) Cisco IOS
3 3 (1.86%) Junos
3 3 (1.86%) NX-OS
3 3 (1.86%) TCP/IP
4 2 (1.24%) Firewall
5 1 (0.62%) BGP
5 1 (0.62%) FIX Connectivity
5 1 (0.62%) FTP
5 1 (0.62%) HTTP
5 1 (0.62%) IGMP
5 1 (0.62%) OSPF
5 1 (0.62%) RIP
5 1 (0.62%) WAN
Database & Business Intelligence
1 16 (9.94%) SQL Server
2 6 (3.73%) DB2
3 5 (3.11%) Power BI
4 4 (2.48%) Data Warehouse
5 3 (1.86%) Big Data
5 3 (1.86%) NoSQL
5 3 (1.86%) QlikView
6 2 (1.24%) MongoDB
6 2 (1.24%) Oracle Database
6 2 (1.24%) PowerPivot
6 2 (1.24%) Relational Database
6 2 (1.24%) Spotfire
7 1 (0.62%) Azure SQL Database
7 1 (0.62%) Cosmos DB
7 1 (0.62%) Data Lake
7 1 (0.62%) KDB
7 1 (0.62%) PostgreSQL
7 1 (0.62%) RDBMS
7 1 (0.62%) Redis
7 1 (0.62%) SQL Server Reporting Services
Development Applications
1 11 (6.83%) JIRA
1 11 (6.83%) TeamCity
2 5 (3.11%) JConsole
2 5 (3.11%) Jenkins
2 5 (3.11%) JProfiler
2 5 (3.11%) Subversion
2 5 (3.11%) VisualVM
3 4 (2.48%) Octopus Deploy
3 4 (2.48%) Sonatype Nexus
4 3 (1.86%) Visual Studio
5 2 (1.24%) Cucumber
5 2 (1.24%) Git (software)
5 2 (1.24%) Protractor
6 1 (0.62%) CMake
6 1 (0.62%) JUnit
6 1 (0.62%) Maven
6 1 (0.62%) Moq
6 1 (0.62%) NUnit
6 1 (0.62%) SpecFlow
General
1 66 (40.99%) Banking
2 53 (32.92%) Finance
3 33 (20.50%) Investment Banking
4 11 (6.83%) Financial Institution
5 7 (4.35%) Games
5 7 (4.35%) International Banking
6 3 (1.86%) Back Office
6 3 (1.86%) Retail Banking
7 2 (1.24%) Legal
8 1 (0.62%) Marketing
8 1 (0.62%) Retail
Job Titles
1 105 (65.22%) Developer
2 33 (20.50%) Java Developer
3 22 (13.66%) C# Developer
4 19 (11.80%) Analyst
5 14 (8.70%) Front Office Developer
6 13 (8.07%) Python Developer
6 13 (8.07%) Senior Developer
7 12 (7.45%) Business Analyst
8 9 (5.59%) Project Manager
8 9 (5.59%) Quantitative Developer
9 7 (4.35%) Analyst Developer
10 6 (3.73%) Support Engineer
11 5 (3.11%) Low Latency Java Developer
11 5 (3.11%) Senior Java Developer
12 4 (2.48%) Angular Developer
12 4 (2.48%) Electronic Trading Consultant
12 4 (2.48%) Front End Developer (Client-Side Developer)
12 4 (2.48%) Full Stack Developer
12 4 (2.48%) Java Consultant
12 4 (2.48%) Pricing Consultant
Libraries, Frameworks & Software Standards
1 36 (22.36%) .NET
2 18 (11.18%) HTML
3 16 (9.94%) AngularJS
4 14 (8.70%) CSS
5 13 (8.07%) WPF
6 11 (6.83%) HTML5
7 10 (6.21%) React
8 9 (5.59%) Spring
9 8 (4.97%) WCF
9 8 (4.97%) WinForms
10 6 (3.73%) FIX Protocol
11 5 (3.11%) Spring Boot
11 5 (3.11%) Web Services
12 4 (2.48%) CSS3
12 4 (2.48%) REST
13 3 (1.86%) Angular 2
13 3 (1.86%) Kafka
13 3 (1.86%) Node.js
13 3 (1.86%) NumPy
14 2 (1.24%) Redux
Miscellaneous
1 35 (21.74%) Foreign Exchange (FX)
2 27 (16.77%) Derivative
3 26 (16.15%) Greenfield Project
4 25 (15.53%) Fixed Income
5 10 (6.21%) Equities
6 8 (4.97%) Hedge funds
7 5 (3.11%) Analytical Skills
7 5 (3.11%) Enterprise Software
8 4 (2.48%) Credit Derivative
9 3 (1.86%) Management Information System
10 2 (1.24%) Algorithms
10 2 (1.24%) Credit Risk
10 2 (1.24%) Data Structures
10 2 (1.24%) Equity Derivative
10 2 (1.24%) Market Risk
10 2 (1.24%) Self-Motivation
10 2 (1.24%) User Experience
11 1 (0.62%) OTC Derivatives
11 1 (0.62%) Reference Data
11 1 (0.62%) Wiki
Operating Systems
1 10 (6.21%) Windows
2 7 (4.35%) Linux
3 4 (2.48%) Unix
4 1 (0.62%) Red Hat Enterprise Linux
4 1 (0.62%) Windows 10
4 1 (0.62%) Windows Server
Processes & Methodologies
1 53 (32.92%) Agile Software Development
2 29 (18.01%) Multithreading
3 24 (14.91%) TDD
4 22 (13.66%) Low Latency
5 18 (11.18%) Problem-Solving
6 16 (9.94%) Electronic Trading
7 15 (9.32%) Analytics
8 11 (6.83%) DevOps
8 11 (6.83%) Risk Management
8 11 (6.83%) Stakeholder Management
9 10 (6.21%) Continuous Improvement
9 10 (6.21%) Investment Management
9 10 (6.21%) Mathematics
9 10 (6.21%) OO
9 10 (6.21%) Test Automation
10 8 (4.97%) Performance Tuning
10 8 (4.97%) Software Engineering
10 8 (4.97%) Validation
11 7 (4.35%) Scrum
11 7 (4.35%) User Acceptance Testing
Programming Languages
1 53 (32.92%) Java
2 49 (30.43%) Python
3 42 (26.09%) C#
4 28 (17.39%) SQL
5 15 (9.32%) C++
6 11 (6.83%) JavaScript
7 5 (3.11%) VB.NET
7 5 (3.11%) VBA
8 4 (2.48%) Perl
8 4 (2.48%) TypeScript
9 3 (1.86%) F#
10 2 (1.24%) Java 8
10 2 (1.24%) PowerShell
10 2 (1.24%) Scala
10 2 (1.24%) T-SQL
11 1 (0.62%) ES6
11 1 (0.62%) ES7
11 1 (0.62%) PL/SQL
11 1 (0.62%) Shell Script
11 1 (0.62%) XAML
Qualifications
1 11 (6.83%) Degree
2 1 (0.62%) ACCA
2 1 (0.62%) CIMA
2 1 (0.62%) PhD
Quality Assurance & Compliance
1 6 (3.73%) QA
2 3 (1.86%) MiFID
3 2 (1.24%) IFRS
3 2 (1.24%) PMO
4 1 (0.62%) EMIR
4 1 (0.62%) GAAP
4 1 (0.62%) GDPR
4 1 (0.62%) Sarbanes-Oxley
System Software
1 5 (3.11%) Docker
Systems Management
1 6 (3.73%) Ansible
2 4 (2.48%) Kubernetes
2 4 (2.48%) Puppet
3 1 (0.62%) Data Guard
3 1 (0.62%) Endace
3 1 (0.62%) Kibana
3 1 (0.62%) Opscode Chef
3 1 (0.62%) Oracle Enterprise Manager
3 1 (0.62%) Terraform
Vendors
1 13 (8.07%) Oracle
2 8 (4.97%) Sophis
3 7 (4.35%) Sybase
4 5 (3.11%) Murex
5 4 (2.48%) Bloomberg
5 4 (2.48%) Cisco
5 4 (2.48%) Microsoft
5 4 (2.48%) OpenLink
6 3 (1.86%) Juniper
6 3 (1.86%) Solace
7 2 (1.24%) Charles River
7 2 (1.24%) Reuters
7 2 (1.24%) SunGard
7 2 (1.24%) Tableau
8 1 (0.62%) DevExpress
8 1 (0.62%) FactSet
8 1 (0.62%) Fortinet
8 1 (0.62%) Google
8 1 (0.62%) ION Trading
8 1 (0.62%) MuleSoft