Period
to 27 September 2021

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 27 September 2021 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
27 Sep 2021
Same period 2020 Same period 2019
Rank 37 19 73
Rank change year-on-year -18 +54 -28
Contract jobs citing Front Office 206 135 208
As % of all contract jobs advertised in the City of London 5.62% 7.68% 3.36%
As % of the General category 9.33% 12.61% 5.88%
Number of daily rates quoted 147 101 162
10th Percentile £550 £503 £463
25th Percentile £606 £563 £527
Median daily rate (50th Percentile) £675 £625 £625
Median % change year-on-year +8.00% - -
75th Percentile £750 £713 £708
90th Percentile £800 £800 £761
Central London median daily rate £675 £625 £625
% change year-on-year +8.00% - -
Number of hourly rates quoted 0 2 1
Median hourly rate - £21.00 £22.93
Median % change year-on-year - -8.42% -
Central London median hourly rate - £21.00 £22.93
% change year-on-year - -8.42% -

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 2,207 1,071 3,536
As % of all contract IT jobs advertised in the City of London 60.23% 60.96% 57.16%
Number of daily rates quoted 1,622 746 2,718
10th Percentile £363 £309 £313
25th Percentile £463 £413 £419
Median daily rate (50th Percentile) £555 £525 £515
Median % change year-on-year +5.71% +1.94% -1.90%
75th Percentile £675 £613 £612
90th Percentile £752 £690 £688
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -2.44%
Number of hourly rates quoted 30 22 37
10th Percentile £8.00 £15.00 £11.25
25th Percentile £16.63 £17.13 £12.76
Median hourly rate £25.50 £23.00 £18.00
Median % change year-on-year +10.87% +27.78% -3.74%
75th Percentile £34.69 £44.31 £21.25
90th Percentile £42.30 £52.03 £26.40
Central London median hourly rate £23.00 £23.00 £19.75
% change year-on-year - +16.46% +5.61%

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 27 September 2021.

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

For the 6 months to 27 September 2021, 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 92 (44.66%) Java
2 82 (39.81%) Agile Software Development
3 79 (38.35%) Banking
4 78 (37.86%) Finance
5 57 (27.67%) C#
5 57 (27.67%) Electronic Trading
6 56 (27.18%) TDD
7 54 (26.21%) SQL
8 49 (23.79%) Foreign Exchange (FX)
9 46 (22.33%) Investment Banking
10 45 (21.84%) Azure
11 43 (20.87%) .NET
12 42 (20.39%) Fixed Income
12 42 (20.39%) Multithreading
13 35 (16.99%) Low Latency
14 34 (16.50%) Derivative
15 31 (15.05%) AngularJS
16 30 (14.56%) Social Skills
17 28 (13.59%) TypeScript
18 27 (13.11%) Continuous Integration
19 26 (12.62%) Git (software)
19 26 (12.62%) BDD
19 26 (12.62%) DevOps
20 25 (12.14%) Microservices
20 25 (12.14%) Visual Studio
20 25 (12.14%) Python
21 23 (11.17%) AWS
22 21 (10.19%) Interest Rate Derivative
22 21 (10.19%) Validation
22 21 (10.19%) Java 11

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 (1.46%) Apache Spark
2 1 (0.49%) Confluence
Applications
1 10 (4.85%) Microsoft Excel
2 9 (4.37%) Microsoft PowerPoint
3 8 (3.88%) Spreadsheet
4 2 (0.97%) MS Visio
5 1 (0.49%) Figma
5 1 (0.49%) Microsoft Office
Business Applications
1 9 (4.37%) ION MarketView
2 2 (0.97%) Salesforce.com CRM
3 1 (0.49%) Global One
3 1 (0.49%) RMDS
Cloud Services
1 45 (21.84%) Azure
2 23 (11.17%) AWS
3 6 (2.91%) GitHub
3 6 (2.91%) Snowflake
4 1 (0.49%) Force.com
4 1 (0.49%) SaaS
Communications & Networking
1 5 (2.43%) TCP/IP
2 3 (1.46%) WebEx
3 1 (0.49%) Internet
Database & Business Intelligence
1 12 (5.83%) SQL Server
2 7 (3.40%) NoSQL
3 6 (2.91%) SQL Server Integration Services
3 6 (2.91%) Tableau
4 4 (1.94%) Relational Database
5 2 (0.97%) Azure SQL Database
5 2 (0.97%) KDB
6 1 (0.49%) Data Warehouse
6 1 (0.49%) MongoDB
6 1 (0.49%) MySQL
6 1 (0.49%) PostgreSQL
6 1 (0.49%) RDBMS
6 1 (0.49%) Redis
6 1 (0.49%) SQL Server Analysis Services
Development Applications
1 26 (12.62%) Git (software)
2 25 (12.14%) Visual Studio
3 6 (2.91%) Octopus Deploy
4 5 (2.43%) Maven
5 4 (1.94%) JIRA
5 4 (1.94%) JUnit
6 3 (1.46%) TeamCity
7 2 (0.97%) Cucumber
7 2 (0.97%) Jenkins
7 2 (0.97%) Selenium
8 1 (0.49%) ANTLR
8 1 (0.49%) Artifactory
8 1 (0.49%) CMake
8 1 (0.49%) IntelliJ
8 1 (0.49%) JBehave
8 1 (0.49%) JMeter
8 1 (0.49%) Moq
8 1 (0.49%) MSBuild
8 1 (0.49%) Subversion
8 1 (0.49%) Team Foundation Server
General
1 79 (38.35%) Banking
2 78 (37.86%) Finance
3 46 (22.33%) Investment Banking
4 30 (14.56%) Social Skills
5 11 (5.34%) Analytical Skills
6 9 (4.37%) Documentation Skills
7 4 (1.94%) Legal
7 4 (1.94%) Presentation Skills
8 3 (1.46%) Financial Institution
8 3 (1.46%) Private Banking
9 2 (0.97%) Retail
10 1 (0.49%) Back Office
10 1 (0.49%) Games
10 1 (0.49%) International Banking
10 1 (0.49%) Marketing
10 1 (0.49%) Organisational Skills
Job Titles
1 146 (70.87%) Developer
2 75 (36.41%) Java Developer
3 42 (20.39%) Front Office Developer
4 41 (19.90%) C# Developer
5 29 (14.08%) Analyst
6 20 (9.71%) Qualitative Analyst
6 20 (9.71%) Quantitative Analyst
7 14 (6.80%) Electronic Trading Developer
7 14 (6.80%) Electronic Trading Java Developer
7 14 (6.80%) Senior Developer
8 12 (5.83%) Senior Java Developer
9 9 (4.37%) Consultant
9 9 (4.37%) Electronic Trading Consultant
9 9 (4.37%) Quantitative Risk Analyst
9 9 (4.37%) Risk Analyst
9 9 (4.37%) SQL Developer
10 8 (3.88%) Business Analyst
10 8 (3.88%) Java Consultant
10 8 (3.88%) Pricing Consultant
11 7 (3.40%) React Developer
Libraries, Frameworks & Software Standards
1 43 (20.87%) .NET
2 31 (15.05%) AngularJS
3 17 (8.25%) Spring
4 11 (5.34%) .NET Core
5 10 (4.85%) XML
6 9 (4.37%) React
6 9 (4.37%) WCF
7 8 (3.88%) WPF
8 7 (3.40%) FIX Protocol
9 6 (2.91%) JSON
9 6 (2.91%) Redux
9 6 (2.91%) Spring Boot
10 5 (2.43%) .NET Framework
10 5 (2.43%) gRPC
10 5 (2.43%) Middleware
10 5 (2.43%) Protocol Buffers
11 4 (1.94%) ASP.NET
11 4 (1.94%) Kafka
11 4 (1.94%) RESTful
11 4 (1.94%) WinForms
Miscellaneous
1 49 (23.79%) Foreign Exchange (FX)
2 42 (20.39%) Fixed Income
3 34 (16.50%) Derivative
4 21 (10.19%) Interest Rate Derivative
5 17 (8.25%) Enterprise Software
6 16 (7.77%) Credit Risk
7 12 (5.83%) Market Risk
8 10 (4.85%) Greenfield Project
8 10 (4.85%) Swaptions
9 8 (3.88%) Equities
9 8 (3.88%) Legacy Systems
10 6 (2.91%) Data Structures
11 5 (2.43%) Client/Server
12 4 (1.94%) Grid Computing
13 3 (1.46%) N-Tier
13 3 (1.46%) Public Cloud
14 2 (0.97%) Cloud Native
14 2 (0.97%) Management Information System
15 1 (0.49%) Credit Derivative
15 1 (0.49%) Equity Derivative
Operating Systems
1 6 (2.91%) Windows
2 3 (1.46%) Linux
2 3 (1.46%) Unix
Processes & Methodologies
1 82 (39.81%) Agile Software Development
2 57 (27.67%) Electronic Trading
3 56 (27.18%) TDD
4 42 (20.39%) Multithreading
5 35 (16.99%) Low Latency
6 27 (13.11%) Continuous Integration
7 26 (12.62%) BDD
7 26 (12.62%) DevOps
8 25 (12.14%) Microservices
9 21 (10.19%) Validation
10 20 (9.71%) Model Validation
11 17 (8.25%) Garbage Collection
12 16 (7.77%) Continuous Improvement
12 16 (7.77%) Mathematics
12 16 (7.77%) Risk Management
13 15 (7.28%) Problem-Solving
14 14 (6.80%) Analytics
15 13 (6.31%) Statistics
16 12 (5.83%) Physics
17 10 (4.85%) Full Stack Development
Programming Languages
1 92 (44.66%) Java
2 57 (27.67%) C#
3 54 (26.21%) SQL
4 28 (13.59%) TypeScript
5 25 (12.14%) Python
6 21 (10.19%) Java 11
7 18 (8.74%) C++
8 16 (7.77%) VBA
9 9 (4.37%) R
10 7 (3.40%) JavaScript
10 7 (3.40%) T-SQL
11 5 (2.43%) Bash Shell
11 5 (2.43%) Java 8
12 2 (0.97%) Scala
13 1 (0.49%) Apex Code
13 1 (0.49%) C
13 1 (0.49%) F#
13 1 (0.49%) PL/SQL
13 1 (0.49%) Shell Script
13 1 (0.49%) SOQL
Qualifications
1 13 (6.31%) Degree
2 10 (4.85%) PhD
3 2 (0.97%) ACCA
3 2 (0.97%) CFA
4 1 (0.49%) Numerate Degree
Quality Assurance & Compliance
1 4 (1.94%) PMO
2 2 (0.97%) Data Quality
3 1 (0.49%) QA
System Software
1 8 (3.88%) Docker
2 3 (1.46%) Platform Symphony
Systems Management
1 3 (1.46%) Kubernetes
2 1 (0.49%) Control-M
2 1 (0.49%) ITRS Geneos
Vendors
1 19 (9.22%) ION Trading
2 6 (2.91%) Alteryx
2 6 (2.91%) Microsoft
3 5 (2.43%) Oracle
4 4 (1.94%) Solace
5 3 (1.46%) Perforce
5 3 (1.46%) Salesforce.com
6 2 (0.97%) Bloomberg
6 2 (0.97%) Charles River
6 2 (0.97%) Murex
7 1 (0.49%) MarketAxess
7 1 (0.49%) Salesforce Marketing Cloud
7 1 (0.49%) Sybase
7 1 (0.49%) Syncfusion
7 1 (0.49%) Tradeweb