Front Office Contracts in the City of London

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 3 months to 29 June 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.

Front Office London > City of London
Location	3 months to 29 Jun 2017	Same period 2016	Same period 2015
Rank	19	53	33
Rank change year-on-year	+34	-20
Contract jobs citing Front Office	281	132	288
As % of all contract IT jobs advertised in the City of London	8.60%	3.95%	4.94%
As % of the General category	15.86%	7.34%	9.37%
Number of daily rates quoted	221	120	266
City of London median daily rate	£600	£607	£575
Median daily rate % change year-on-year	-1.07%	+5.47%
10th Percentile	£450	£449	£456
90th Percentile	£738	£739	£675
London median daily rate	£600	£600	£585
% change year-on-year	-	+2.56%
Number of hourly rates quoted	2	1	0
City of London median hourly rate	£15.00	£80.00	-
Median hourly rate % change year-on-year	-81.25%	-
London median hourly rate	£15.00	£46.50	-
% change year-on-year	-67.74%	-

Front Office is in the common skills category. The next 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.

General Skills City of London
Contract job vacancies with a requirement for common skills	1772	1798	3073
As % of all contract IT job vacancies advertised in the City of London	54.22%	53.80%	52.68%
Number of daily rates quoted	2538	2428	4006
City of London median daily rate	£538	£500	£488
Median daily rate % change year-on-year	+7.50%	+2.56%
10th Percentile	£363	£313	£308
90th Percentile	£688	£700	£650
London median daily rate	£525	£500	£475
% change year-on-year	+5.00%	+5.26%
Number of hourly rates quoted	23	31	54
City of London median hourly rate	£15.00	£20.00	£20.36
Median hourly rate % change year-on-year	-25.00%	-1.75%
10th Percentile	£12.69	£11.25	£10.00
90th Percentile	£22.22	£32.25	£39.89
London median hourly rate	£22.00	£22.00	£22.50
% change year-on-year	-	-2.22%

Front Office
Job Vacancy Trend in the City of London

Job postings citing Front Office as a percentage 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

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

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

Front Office
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Front Office in the City of London over the 3 months to 29 June 2017.

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

Front 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 Front Office in the City of London.

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

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

For the 6 months to 29 June 2017, IT contractor jobs citing Front 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 Front Office.

1	219 (47.40%)	Banking
2	212 (45.89%)	Finance
3	150 (32.47%)	Java
4	138 (29.87%)	Agile Software Development
5	130 (28.14%)	Investment Banking
6	111 (24.03%)	Foreign Exchange (FX)
7	104 (22.51%)	SQL
8	98 (21.21%)	Fixed Income
9	97 (21.00%)	Multithreading
10	90 (19.48%)	Electronic Trading
11	85 (18.40%)	MiFID
12	78 (16.88%)	Equities
12	78 (16.88%)	C#
13	77 (16.67%)	Derivative
14	65 (14.07%)	Low Latency

15	53 (11.47%)	TDD
16	51 (11.04%)	.NET
17	50 (10.82%)	JavaScript
17	50 (10.82%)	Unix
18	47 (10.17%)	HTML
18	47 (10.17%)	Risk Management
19	46 (9.96%)	OO
20	45 (9.74%)	SQL Server
21	43 (9.31%)	Asset Management
22	40 (8.66%)	HTML5
22	40 (8.66%)	Linux
22	40 (8.66%)	Python
23	39 (8.44%)	Business Analysis
24	37 (8.01%)	Oracle
24	37 (8.01%)	SDLC

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	19 (4.11%)	Oracle Coherence
2	6 (1.30%)	Apache
2	6 (1.30%)	IBM Notes
3	4 (0.87%)	Apache Spark
3	4 (0.87%)	MQSeries
4	3 (0.65%)	DataSynapse
4	3 (0.65%)	GemFire
4	3 (0.65%)	IIS
5	2 (0.43%)	Apache Pig
6	1 (0.22%)	Confluence
6	1 (0.22%)	MTS
6	1 (0.22%)	Mule
6	1 (0.22%)	Skype for Business
6	1 (0.22%)	Tomcat

Applications
1	11 (2.38%)	Microsoft Office
2	10 (2.16%)	Microsoft Excel
3	4 (0.87%)	MS Visio
4	2 (0.43%)	Photoshop
5	1 (0.22%)	Adobe Illustrator
5	1 (0.22%)	Microsoft Project

Business Applications
1	17 (3.68%)	ION MarketView
2	13 (2.81%)	thinkFolio
3	8 (1.73%)	Global One
4	3 (0.65%)	Endur
5	2 (0.43%)	Bloomberg AIM
5	2 (0.43%)	Kondor
5	2 (0.43%)	LatentZero
6	1 (0.22%)	Bloomberg TOMS
6	1 (0.22%)	IntelliMatch
6	1 (0.22%)	RMDS

Cloud Services
1	3 (0.65%)	Amazon AWS
2	1 (0.22%)	Amazon EC2

Communications & Networking
1	12 (2.60%)	Firewall
2	6 (1.30%)	NAS
2	6 (1.30%)	SAN
3	4 (0.87%)	TCP/IP
4	3 (0.65%)	Network Security
5	2 (0.43%)	LAN
6	1 (0.22%)	Cisco IOS
6	1 (0.22%)	Internet
6	1 (0.22%)	Skype
6	1 (0.22%)	snoop
6	1 (0.22%)	SSL
6	1 (0.22%)	Wireless

Database & Business Intelligence
1	45 (9.74%)	SQL Server
2	28 (6.06%)	Relational Database
3	23 (4.98%)	SQL Server Integration Services
4	14 (3.03%)	Big Data
5	10 (2.16%)	Hadoop
5	10 (2.16%)	KDB
6	9 (1.95%)	SQL Server 2012
7	8 (1.73%)	BusinessObjects
8	7 (1.52%)	Data Warehouse
8	7 (1.52%)	Oracle Database
8	7 (1.52%)	RDBMS
9	5 (1.08%)	SQL Server 2008
9	5 (1.08%)	SQL Server Reporting Services
10	4 (0.87%)	Data Mart
11	3 (0.65%)	BusinessObjects XI
11	3 (0.65%)	Data Mining
11	3 (0.65%)	HBase
11	3 (0.65%)	NoSQL
11	3 (0.65%)	SQL Server Analysis Services
12	2 (0.43%)	Oracle Reports

Development Applications
1	16 (3.46%)	TeamCity
2	14 (3.03%)	Git (software)
3	13 (2.81%)	Selenium
4	11 (2.38%)	Maven
4	11 (2.38%)	Subversion
5	10 (2.16%)	JIRA
6	6 (1.30%)	Cucumber
6	6 (1.30%)	JUnit
7	5 (1.08%)	Gradle
7	5 (1.08%)	NUnit
8	4 (0.87%)	Jenkins
8	4 (0.87%)	Team Foundation Server
9	3 (0.65%)	Mockito
9	3 (0.65%)	Moq
9	3 (0.65%)	Sonatype Nexus
9	3 (0.65%)	webpack
10	2 (0.43%)	Robot Framework
10	2 (0.43%)	Visual Studio
11	1 (0.22%)	ClearCase
11	1 (0.22%)	IntelliJ

General
1	219 (47.40%)	Banking
2	212 (45.89%)	Finance
3	130 (28.14%)	Investment Banking
4	13 (2.81%)	Advertising
4	13 (2.81%)	Back Office
5	6 (1.30%)	Financial Institution
6	4 (0.87%)	Legal
7	2 (0.43%)	Mandarin Language
8	1 (0.22%)	French Language
8	1 (0.22%)	International Banking
8	1 (0.22%)	Marketing
8	1 (0.22%)	Publishing
8	1 (0.22%)	Retail
8	1 (0.22%)	Retail Banking
8	1 (0.22%)	Spanish Language

Job Titles
1	269 (58.23%)	Developer
2	117 (25.32%)	Analyst
3	98 (21.21%)	Java Developer
4	75 (16.23%)	Front Office Developer
4	75 (16.23%)	Senior Developer
5	69 (14.94%)	Business Analyst
6	55 (11.90%)	C# Developer
7	45 (9.74%)	Senior Java Developer
8	29 (6.28%)	Python Developer
9	25 (5.41%)	MiFID Business Analyst
10	22 (4.76%)	Electronic Trading Developer
11	21 (4.55%)	Project Manager
12	20 (4.33%)	C++ Developer
12	20 (4.33%)	SQL Analyst
12	20 (4.33%)	Support Analyst
13	19 (4.11%)	Front Office Business Analyst
14	18 (3.90%)	.NET Developer
14	18 (3.90%)	Scala Developer
15	17 (3.68%)	JavaScript Developer
16	16 (3.46%)	Front End Developer (Client-Side Developer)

Libraries, Frameworks & Software Standards
1	51 (11.04%)	.NET
2	47 (10.17%)	HTML
3	40 (8.66%)	HTML5
4	35 (7.58%)	AngularJS
5	31 (6.71%)	WPF
6	27 (5.84%)	Spring
7	26 (5.63%)	FIX Protocol
8	25 (5.41%)	React
9	22 (4.76%)	CSS
9	22 (4.76%)	Node.js
10	20 (4.33%)	Hibernate
11	17 (3.68%)	WCF
12	12 (2.60%)	Redux
13	10 (2.16%)	REST
13	10 (2.16%)	Task Parallel Library
13	10 (2.16%)	XML
14	9 (1.95%)	Middleware
15	7 (1.52%)	ASP.NET
16	6 (1.30%)	Esper
16	6 (1.30%)	Ultra Messaging

Miscellaneous
1	111 (24.03%)	Foreign Exchange (FX)
2	98 (21.21%)	Fixed Income
3	78 (16.88%)	Equities
4	77 (16.67%)	Derivative
5	24 (5.19%)	Analytical Skills
6	23 (4.98%)	Equity Derivative
7	21 (4.55%)	Greenfield Project
8	16 (3.46%)	Hedge funds
9	13 (2.81%)	Market Risk
10	11 (2.38%)	Credit Risk
11	10 (2.16%)	Fintech
12	9 (1.95%)	Computer Science
13	7 (1.52%)	Management Information System
14	6 (1.30%)	User Experience
15	5 (1.08%)	Algorithms
15	5 (1.08%)	Data Structures
15	5 (1.08%)	Grid Computing
15	5 (1.08%)	Interest Rate Derivative
15	5 (1.08%)	NHS
16	4 (0.87%)	Credit Derivative

Operating Systems
1	50 (10.82%)	Unix
2	40 (8.66%)	Linux
3	27 (5.84%)	Windows
4	10 (2.16%)	Windows Server
5	3 (0.65%)	OS/390
6	1 (0.22%)	Android
6	1 (0.22%)	Red Hat Enterprise Linux
6	1 (0.22%)	Solaris
6	1 (0.22%)	Windows 7
6	1 (0.22%)	Windows 8

Processes & Methodologies
1	138 (29.87%)	Agile Software Development
2	97 (21.00%)	Multithreading
3	90 (19.48%)	Electronic Trading
4	65 (14.07%)	Low Latency
5	53 (11.47%)	TDD
6	47 (10.17%)	Risk Management
7	46 (9.96%)	OO
8	43 (9.31%)	Asset Management
9	39 (8.44%)	Business Analysis
10	37 (8.01%)	SDLC
11	34 (7.36%)	Investment Management
12	32 (6.93%)	Stakeholder Management
13	30 (6.49%)	Analytics
14	23 (4.98%)	Mathematics
14	23 (4.98%)	Migration
15	21 (4.55%)	Scrum
16	20 (4.33%)	Multithreaded Programming
16	20 (4.33%)	User Acceptance Testing
17	18 (3.90%)	Data Analytics
17	18 (3.90%)	Project Management

Programming Languages
1	150 (32.47%)	Java
2	104 (22.51%)	SQL
3	78 (16.88%)	C#
4	50 (10.82%)	JavaScript
5	40 (8.66%)	Python
6	33 (7.14%)	C++
7	27 (5.84%)	Scala
8	19 (4.11%)	R
9	16 (3.46%)	VBA
10	11 (2.38%)	T-SQL
10	11 (2.38%)	VB
11	10 (2.16%)	C
11	10 (2.16%)	TypeScript
12	8 (1.73%)	ES6
12	8 (1.73%)	Perl
13	7 (1.52%)	Shell Script
14	5 (1.08%)	Ruby
14	5 (1.08%)	VB.NET
15	3 (0.65%)	Bash Shell
15	3 (0.65%)	PowerShell

Qualifications
1	22 (4.76%)	Degree
2	7 (1.52%)	Computer Science Degree
3	6 (1.30%)	PMP
4	3 (0.65%)	PMI Certification
5	2 (0.43%)	Master's Degree
5	2 (0.43%)	PhD
5	2 (0.43%)	Postgraduate
6	1 (0.22%)	IIBA
6	1 (0.22%)	ISEB
6	1 (0.22%)	Microsoft Certification
6	1 (0.22%)	Numerate Degree
6	1 (0.22%)	PRINCE2 Practitioner

Quality Assurance & Compliance
1	85 (18.40%)	MiFID
2	14 (3.03%)	QA
3	8 (1.73%)	SLA
4	6 (1.30%)	Data Quality
4	6 (1.30%)	Dodd-Frank
4	6 (1.30%)	EMIR
5	2 (0.43%)	Disclosure Scotland
6	1 (0.22%)	FATCA
6	1 (0.22%)	PMO
6	1 (0.22%)	SEPA

System Software
1	7 (1.52%)	Docker
2	6 (1.30%)	Virtual Desktop
3	2 (0.43%)	Active Directory
3	2 (0.43%)	HDFS

Systems Management
1	3 (0.65%)	BMC PATROL
1	3 (0.65%)	Tivoli
1	3 (0.65%)	Tivoli NetView
2	2 (0.43%)	Control-M
2	2 (0.43%)	Kubernetes
2	2 (0.43%)	SCCM
3	1 (0.22%)	HP Quality Center
3	1 (0.22%)	ITRS Geneos
3	1 (0.22%)	Norton AntiVirus
3	1 (0.22%)	Thomson Reuters DACS

Vendors
1	37 (8.01%)	Oracle
2	24 (5.19%)	ION Trading
3	18 (3.90%)	Microsoft
4	15 (3.25%)	Bloomberg
4	15 (3.25%)	Fidessa
5	13 (2.81%)	Murex
5	13 (2.81%)	Sybase
6	9 (1.95%)	Solace
7	8 (1.73%)	Calypso
7	8 (1.73%)	Charles River
7	8 (1.73%)	IBM
7	8 (1.73%)	Reuters
7	8 (1.73%)	TIBCO
8	6 (1.30%)	Lotus
8	6 (1.30%)	SimCorp
8	6 (1.30%)	StreamBase
9	5 (1.08%)	Infragistics
10	3 (0.65%)	HP
10	3 (0.65%)	OpenLink
10	3 (0.65%)	webMethods