Period
to 25 January 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 25 January 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
25 Jan 2020
Same period 2019 Same period 2018
Rank 58 37 21
Rank change year-on-year -21 -16 +17
Contract jobs citing Front Office 172 372 548
As % of all contract IT jobs advertised in the City of London 3.52% 5.44% 7.68%
As % of the General category 8.02% 10.26% 13.68%
Number of daily rates quoted 134 323 467
City of London median daily rate £650 £650 £613
Median daily rate % change year-on-year - +6.12% +2.08%
10th Percentile £466 £513 £463
90th Percentile £763 £780 £768
Central London median daily rate £625 £650 £600
% change year-on-year -3.85% +8.33% -
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £15.00
Central London median hourly rate - £22.93 £22.50
% change year-on-year - +1.91% -

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 2,145 3,627 4,006
As % of all contract IT jobs advertised in the City of London 43.94% 53.01% 56.15%
Number of daily rates quoted 1,604 2,756 3,202
City of London median daily rate £520 £525 £525
Median daily rate % change year-on-year -0.95% - +5.00%
10th Percentile £309 £300 £325
90th Percentile £700 £688 £700
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +5.00%
Number of hourly rates quoted 25 45 49
City of London median hourly rate £21.00 £18.70 £21.00
Median hourly rate % change year-on-year +12.30% -10.95% -3.45%
10th Percentile £12.45 £13.00 £11.81
90th Percentile £35.00 £37.09 £34.05
Central London median hourly rate £21.00 £18.70 £21.23
% change year-on-year +12.30% -11.90% -2.41%

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 6 months to 25 January 2020.

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
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 25 January 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 25 January 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 69 (40.12%) Java
2 66 (38.37%) Agile Software Development
3 65 (37.79%) Finance
4 62 (36.05%) Banking
5 50 (29.07%) Python
6 44 (25.58%) Foreign Exchange (FX)
7 39 (22.67%) C#
8 38 (22.09%) SQL
9 31 (18.02%) .NET
10 30 (17.44%) Multithreading
10 30 (17.44%) Greenfield Project
10 30 (17.44%) Problem-Solving
11 29 (16.86%) Low Latency
11 29 (16.86%) C++
12 28 (16.28%) Derivative
12 28 (16.28%) Investment Banking
13 25 (14.53%) HTML
13 25 (14.53%) TDD
14 24 (13.95%) TeamCity
15 21 (12.21%) AngularJS
15 21 (12.21%) SDLC
16 20 (11.63%) HTML5
17 19 (11.05%) Analytics
17 19 (11.05%) Electronic Trading
18 18 (10.47%) Equities
19 17 (9.88%) Degree
19 17 (9.88%) JavaScript
20 16 (9.30%) SQL Server
20 16 (9.30%) FIX Protocol
21 15 (8.72%) Oracle

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 5 (2.91%) Confluence
2 4 (2.33%) SharePoint
3 2 (1.16%) WebLogic
3 2 (1.16%) WebLogic Integration
4 1 (0.58%) Apache Spark
4 1 (0.58%) Oracle Coherence
Applications
1 6 (3.49%) Microsoft Excel
2 3 (1.74%) MS Visio
3 1 (0.58%) Microsoft Office
3 1 (0.58%) Microsoft PowerPoint
3 1 (0.58%) Spreadsheet
Business Applications
1 6 (3.49%) Sophis RISQUE
2 3 (1.74%) thinkFolio
3 2 (1.16%) Dynamics CRM
3 2 (1.16%) ION MarketView
3 2 (1.16%) Oracle Financials
3 2 (1.16%) Unit4 Business World
4 1 (0.58%) Bloomberg AIM
4 1 (0.58%) Endur
4 1 (0.58%) FINCAD Analytics
4 1 (0.58%) Global One
4 1 (0.58%) Markit EDM
4 1 (0.58%) Minerva
4 1 (0.58%) SimCorp Dimension
Cloud Services
1 9 (5.23%) GitHub
2 6 (3.49%) AWS
2 6 (3.49%) Azure
3 5 (2.91%) Cloud Computing
3 5 (2.91%) Power Platform
4 4 (2.33%) Office 365
5 3 (1.74%) GCP
6 2 (1.16%) Dynamics 365
6 2 (1.16%) Serverless
7 1 (0.58%) Amazon S3
7 1 (0.58%) Amazon SQS
7 1 (0.58%) AWS Lambda
7 1 (0.58%) AWS Step Functions
Communications & Networking
1 8 (4.65%) Multicast
2 4 (2.33%) Cisco IOS
2 4 (2.33%) Cisco Nexus
2 4 (2.33%) TCP/IP
3 3 (1.74%) Junos
3 3 (1.74%) NX-OS
4 2 (1.16%) Firewall
5 1 (0.58%) BGP
5 1 (0.58%) FIX Connectivity
5 1 (0.58%) FTP
5 1 (0.58%) HTTP
5 1 (0.58%) IGMP
5 1 (0.58%) OSPF
5 1 (0.58%) RIP
5 1 (0.58%) WAN
Database & Business Intelligence
1 16 (9.30%) SQL Server
2 9 (5.23%) DB2
2 9 (5.23%) KDB
3 8 (4.65%) Kdb+
4 5 (2.91%) Power BI
4 5 (2.91%) QlikView
4 5 (2.91%) Relational Database
5 3 (1.74%) MongoDB
5 3 (1.74%) NoSQL
5 3 (1.74%) PowerPivot
5 3 (1.74%) Spotfire
6 2 (1.16%) BusinessObjects
6 2 (1.16%) Data Warehouse
6 2 (1.16%) SQL Server Analysis Services
6 2 (1.16%) SQL Server Integration Services
6 2 (1.16%) SQL Server Reporting Services
7 1 (0.58%) Hadoop
7 1 (0.58%) MS Access
7 1 (0.58%) PostgreSQL
7 1 (0.58%) RDBMS
Development Applications
1 24 (13.95%) TeamCity
2 12 (6.98%) Git (software)
2 12 (6.98%) JIRA
3 10 (5.81%) Maven
4 9 (5.23%) Sonatype Nexus
5 8 (4.65%) JConsole
5 8 (4.65%) JProfiler
5 8 (4.65%) VisualVM
6 6 (3.49%) Octopus Deploy
7 5 (2.91%) Jenkins
7 5 (2.91%) Subversion
7 5 (2.91%) YourKit
8 3 (1.74%) Visual Studio
9 2 (1.16%) Cucumber
9 2 (1.16%) Eclipse
9 2 (1.16%) NUnit
9 2 (1.16%) Selenium
9 2 (1.16%) SpecFlow
10 1 (0.58%) Bitbucket
10 1 (0.58%) CMake
General
1 65 (37.79%) Finance
2 62 (36.05%) Banking
3 28 (16.28%) Investment Banking
4 10 (5.81%) Financial Institution
5 8 (4.65%) Back Office
6 7 (4.07%) Games
6 7 (4.07%) International Banking
7 3 (1.74%) Retail Banking
8 2 (1.16%) Retail
9 1 (0.58%) Legal
9 1 (0.58%) Marketing
Job Titles
1 114 (66.28%) Developer
2 36 (20.93%) Java Developer
3 26 (15.12%) Analyst
4 25 (14.53%) Senior Developer
5 17 (9.88%) C# Developer
6 15 (8.72%) Quantitative Developer
7 14 (8.14%) Business Analyst
8 13 (7.56%) Python Developer
9 12 (6.98%) Front Office Developer
9 12 (6.98%) Senior Java Developer
10 9 (5.23%) Analyst Developer
11 8 (4.65%) KDB Developer
12 7 (4.07%) Project Manager
12 7 (4.07%) Qualitative Analyst
12 7 (4.07%) Quantitative Analyst
13 6 (3.49%) Java Engineer
13 6 (3.49%) Support Engineer
14 5 (2.91%) Quantitative Risk Analyst
14 5 (2.91%) Risk Analyst
15 4 (2.33%) Developer Analyst
Libraries, Frameworks & Software Standards
1 31 (18.02%) .NET
2 25 (14.53%) HTML
3 21 (12.21%) AngularJS
4 20 (11.63%) HTML5
5 16 (9.30%) FIX Protocol
6 14 (8.14%) CSS
7 12 (6.98%) React
7 12 (6.98%) WCF
7 12 (6.98%) WPF
8 9 (5.23%) CSS3
9 8 (4.65%) Spring
10 5 (2.91%) Spring Boot
10 5 (2.91%) WinForms
11 4 (2.33%) J2EE
11 4 (2.33%) Kafka
11 4 (2.33%) RESTful
12 3 (1.74%) JPA
12 3 (1.74%) Spring Batch
12 3 (1.74%) Spring Integration
12 3 (1.74%) Web Services
Miscellaneous
1 44 (25.58%) Foreign Exchange (FX)
2 30 (17.44%) Greenfield Project
3 28 (16.28%) Derivative
4 18 (10.47%) Equities
5 14 (8.14%) Fixed Income
6 8 (4.65%) iPad
6 8 (4.65%) Market Risk
7 7 (4.07%) Credit Risk
8 5 (2.91%) Analytical Skills
8 5 (2.91%) Data Structures
8 5 (2.91%) Enterprise Software
8 5 (2.91%) Equity Derivative
9 4 (2.33%) Hedge funds
9 4 (2.33%) Self-Motivation
10 3 (1.74%) Credit Derivative
10 3 (1.74%) Management Information System
11 2 (1.16%) Algorithms
11 2 (1.16%) OTC Derivatives
11 2 (1.16%) Reinsurance
11 2 (1.16%) User Experience
Operating Systems
1 11 (6.40%) Windows
2 10 (5.81%) Linux
3 5 (2.91%) Unix
4 3 (1.74%) Windows Server
5 2 (1.16%) Solaris
5 2 (1.16%) Windows 10
Processes & Methodologies
1 66 (38.37%) Agile Software Development
2 30 (17.44%) Multithreading
2 30 (17.44%) Problem-Solving
3 29 (16.86%) Low Latency
4 25 (14.53%) TDD
5 21 (12.21%) SDLC
6 19 (11.05%) Analytics
6 19 (11.05%) Electronic Trading
7 15 (8.72%) Performance Tuning
8 13 (7.56%) Test Automation
9 12 (6.98%) Visualisation
10 11 (6.40%) Asset Management
10 11 (6.40%) Continuous Improvement
10 11 (6.40%) E-Commerce
10 11 (6.40%) Investment Management
10 11 (6.40%) OO
10 11 (6.40%) Scrum
10 11 (6.40%) Stakeholder Management
10 11 (6.40%) Unit Testing
11 10 (5.81%) Business Intelligence
Programming Languages
1 69 (40.12%) Java
2 50 (29.07%) Python
3 39 (22.67%) C#
4 38 (22.09%) SQL
5 29 (16.86%) C++
6 17 (9.88%) JavaScript
7 5 (2.91%) Perl
8 4 (2.33%) Scala
9 3 (1.74%) F#
9 3 (1.74%) PL/SQL
9 3 (1.74%) PowerShell
9 3 (1.74%) TypeScript
9 3 (1.74%) VB.NET
10 2 (1.16%) C
10 2 (1.16%) Shell Script
10 2 (1.16%) T-SQL
11 1 (0.58%) Java 8
11 1 (0.58%) R
11 1 (0.58%) VBA
11 1 (0.58%) XAML
Qualifications
1 17 (9.88%) Degree
2 4 (2.33%) PhD
3 1 (0.58%) Computer Science Degree
3 1 (0.58%) ISEB
3 1 (0.58%) ISTQB
3 1 (0.58%) MCSA
3 1 (0.58%) MCSE
3 1 (0.58%) Microsoft Certification
3 1 (0.58%) Numerate Degree
3 1 (0.58%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 5 (2.91%) QA
2 1 (0.58%) EMIR
2 1 (0.58%) MiFID
2 1 (0.58%) PMO
System Software
1 5 (2.91%) Docker
2 1 (0.58%) Active Directory
2 1 (0.58%) VMware Infrastructure
2 1 (0.58%) XenApp
2 1 (0.58%) XenDesktop
Systems Management
1 4 (2.33%) Ansible
1 4 (2.33%) Kubernetes
2 3 (1.74%) Puppet
3 1 (0.58%) Endace
Vendors
1 15 (8.72%) Oracle
2 12 (6.98%) Microsoft
3 11 (6.40%) Sybase
4 8 (4.65%) Murex
5 7 (4.07%) Bloomberg
6 6 (3.49%) Sophis
7 5 (2.91%) Cisco
7 5 (2.91%) Solace
8 4 (2.33%) Charles River
8 4 (2.33%) OpenLink
8 4 (2.33%) Tableau
9 3 (1.74%) ION Trading
9 3 (1.74%) Juniper
9 3 (1.74%) Reuters
9 3 (1.74%) SunGard
10 2 (1.16%) Citrix
10 2 (1.16%) CODA
10 2 (1.16%) FactSet
10 2 (1.16%) Sun
11 1 (0.58%) Arista