Period
to 22 January 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 22 January 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
22 Jan 2021
Same period 2020 Same period 2019
Rank 20 58 35
Rank change year-on-year +38 -23 -14
Contract jobs citing Front Office 160 179 373
As % of all contract jobs advertised in the City of London 7.62% 3.60% 5.47%
As % of the General category 15.28% 8.10% 10.26%
Number of daily rates quoted 123 142 326
Median daily rate £625 £650 £650
Median daily rate % change year-on-year -3.85% - +6.12%
10th Percentile £507 £458 £513
90th Percentile £798 £763 £778
Central London median daily rate £630 £625 £650
% change year-on-year +0.80% -3.85% +8.33%
Number of hourly rates quoted 1 0 0
Median hourly rate £22.00 - -
Central London median hourly rate £22.00 - £22.93

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 1,047 2,209 3,636
As % of all contract IT jobs advertised in the City of London 49.86% 44.37% 53.31%
Number of daily rates quoted 765 1,690 2,785
Median daily rate £525 £520 £525
Median daily rate % change year-on-year +0.96% -0.95% -
10th Percentile £313 £310 £291
90th Percentile £700 £700 £688
Central London median daily rate £525 £510 £525
% change year-on-year +2.94% -2.86% -
Number of hourly rates quoted 13 21 44
Median hourly rate £23.00 £18.00 £18.70
Median hourly rate % change year-on-year +27.78% -3.74% -10.95%
10th Percentile £13.70 £12.42 £13.00
90th Percentile £46.00 £23.50 £37.09
Median hourly rate £23.00 £18.70 £18.70
% change year-on-year +22.99% - -10.95%

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 22 January 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 22 January 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 75 (46.88%) Banking
2 71 (44.38%) Java
3 59 (36.88%) Finance
4 43 (26.88%) Agile Software Development
5 41 (25.63%) Investment Banking
6 39 (24.38%) C#
6 39 (24.38%) C++
7 38 (23.75%) Foreign Exchange (FX)
8 34 (21.25%) TDD
8 34 (21.25%) Multithreading
9 28 (17.50%) Electronic Trading
10 27 (16.88%) Low Latency
10 27 (16.88%) Python
11 25 (15.63%) Risk Management
12 22 (13.75%) Fixed Income
13 20 (12.50%) Market Risk
13 20 (12.50%) .NET
14 19 (11.88%) Mathematics
14 19 (11.88%) Analytics
15 18 (11.25%) Scrum
15 18 (11.25%) Derivative
16 17 (10.63%) Degree
17 14 (8.75%) Computer Science
17 14 (8.75%) RESTful
18 13 (8.13%) Spring
18 13 (8.13%) React
19 12 (7.50%) Analytical Skills
19 12 (7.50%) MongoDB
19 12 (7.50%) Validation
19 12 (7.50%) Linux

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 4 (2.50%) Apache Spark
2 3 (1.88%) Confluence
2 3 (1.88%) Red Hat Fuse
3 2 (1.25%) JBoss
3 2 (1.25%) WebSphere
4 1 (0.63%) Mule
Applications
1 4 (2.50%) Spreadsheet
2 3 (1.88%) MS Visio
3 2 (1.25%) Microsoft Excel
4 1 (0.63%) Microsoft Office
Business Applications
1 3 (1.88%) Bloomberg TOMS
1 3 (1.88%) ION MarketView
2 2 (1.25%) SunGard Martini
3 1 (0.63%) Global One
3 1 (0.63%) Refinitiv Enterprise Platform
3 1 (0.63%) thinkFolio
Cloud Services
1 5 (3.13%) Azure
2 2 (1.25%) AWS
2 2 (1.25%) Power Platform
3 1 (0.63%) GCP
Communications & Networking
1 2 (1.25%) AMQP
2 1 (0.63%) HTTP
Database & Business Intelligence
1 12 (7.50%) MongoDB
2 8 (5.00%) SQL Server
3 4 (2.50%) Hadoop
4 3 (1.88%) Relational Database
5 2 (1.25%) Data Warehouse
5 2 (1.25%) MySQL
5 2 (1.25%) NoSQL
5 2 (1.25%) Power BI
6 1 (0.63%) Apache Cassandra
6 1 (0.63%) Data Mart
6 1 (0.63%) Hazelcast
6 1 (0.63%) KDB
6 1 (0.63%) MS Access
6 1 (0.63%) PostgreSQL
6 1 (0.63%) SQL Server Analysis Services
6 1 (0.63%) SQL Server Integration Services
6 1 (0.63%) SQL Server Reporting Services
6 1 (0.63%) SQLite
Development Applications
1 10 (6.25%) Maven
2 4 (2.50%) Git (software)
3 3 (1.88%) JIRA
3 3 (1.88%) TeamCity
4 2 (1.25%) Atlassian Bamboo
4 2 (1.25%) FishEye
4 2 (1.25%) Hudson
4 2 (1.25%) jMock
4 2 (1.25%) JUnit
4 2 (1.25%) Robot Framework
4 2 (1.25%) Subversion
5 1 (0.63%) IBM UrbanCode
5 1 (0.63%) Jenkins
5 1 (0.63%) webpack
General
1 75 (46.88%) Banking
2 59 (36.88%) Finance
3 41 (25.63%) Investment Banking
4 11 (6.88%) International Banking
5 9 (5.63%) Legal
6 8 (5.00%) Back Office
6 8 (5.00%) Financial Institution
7 5 (3.13%) Marketing
8 3 (1.88%) Advertising
9 2 (1.25%) Retail
10 1 (0.63%) French Language
10 1 (0.63%) Retail Banking
Job Titles
1 105 (65.63%) Developer
2 45 (28.13%) Java Developer
3 31 (19.38%) Analyst
4 27 (16.88%) Front Office Developer
5 21 (13.13%) Qualitative Analyst
5 21 (13.13%) Quantitative Analyst
6 18 (11.25%) C# Developer
6 18 (11.25%) Quantitative Developer
7 14 (8.75%) Senior Developer
8 13 (8.13%) Electronic Trading Developer
8 13 (8.13%) Electronic Trading Java Developer
9 12 (7.50%) Full Stack Developer
9 12 (7.50%) React Developer
10 9 (5.63%) .NET Developer
10 9 (5.63%) C# .NET Developer
10 9 (5.63%) Low Latency Java Developer
11 8 (5.00%) Python Developer
11 8 (5.00%) Senior Java Developer
12 7 (4.38%) Pricing Analyst
12 7 (4.38%) Validation Analyst
Libraries, Frameworks & Software Standards
1 20 (12.50%) .NET
2 14 (8.75%) RESTful
3 13 (8.13%) React
3 13 (8.13%) Spring
4 10 (6.25%) AngularJS
4 10 (6.25%) Spring Boot
5 9 (5.63%) .NET Core
5 9 (5.63%) ASP.NET Web API
6 7 (4.38%) .NET Framework
6 7 (4.38%) Entity Framework
7 5 (3.13%) Kafka
7 5 (3.13%) Web Services
8 4 (2.50%) Redux
8 4 (2.50%) REST
8 4 (2.50%) WPF
9 3 (1.88%) Flask
9 3 (1.88%) HTML
9 3 (1.88%) Middleware
9 3 (1.88%) Node.js
9 3 (1.88%) WCF
Miscellaneous
1 38 (23.75%) Foreign Exchange (FX)
2 22 (13.75%) Fixed Income
3 20 (12.50%) Market Risk
4 18 (11.25%) Derivative
5 12 (7.50%) Analytical Skills
6 10 (6.25%) Equities
7 8 (5.00%) Greenfield Project
8 7 (4.38%) Grid Computing
9 6 (3.75%) Credit Risk
10 5 (3.13%) Self-Motivation
11 2 (1.25%) Enterprise Software
11 2 (1.25%) Virtual Team
12 1 (0.63%) Algorithms
12 1 (0.63%) Credit Derivative
12 1 (0.63%) Linux Command Line
12 1 (0.63%) Swaptions
12 1 (0.63%) User Experience
Operating Systems
1 12 (7.50%) Linux
2 9 (5.63%) Unix
3 4 (2.50%) Windows
Processes & Methodologies
1 43 (26.88%) Agile Software Development
2 34 (21.25%) Multithreading
2 34 (21.25%) TDD
3 28 (17.50%) Electronic Trading
4 27 (16.88%) Low Latency
5 25 (15.63%) Risk Management
6 19 (11.88%) Analytics
6 19 (11.88%) Mathematics
7 18 (11.25%) Scrum
8 14 (8.75%) Computer Science
9 12 (7.50%) Validation
10 11 (6.88%) OO
11 10 (6.25%) Asset Management
11 10 (6.25%) BDD
11 10 (6.25%) Microservices
11 10 (6.25%) Physics
11 10 (6.25%) Problem-Solving
12 9 (5.63%) Data Analysis
12 9 (5.63%) Web Development
13 8 (5.00%) Algorithmic Trading
Programming Languages
1 71 (44.38%) Java
2 39 (24.38%) C#
2 39 (24.38%) C++
3 27 (16.88%) Python
4 12 (7.50%) SQL
5 10 (6.25%) Kotlin
5 10 (6.25%) Scala
6 5 (3.13%) Haskell
6 5 (3.13%) Java 8
6 5 (3.13%) JavaScript
6 5 (3.13%) TypeScript
7 3 (1.88%) PL/SQL
8 2 (1.25%) Data Analysis Expressions (DAX)
8 2 (1.25%) VB.NET
9 1 (0.63%) PowerShell
9 1 (0.63%) Shell Script
9 1 (0.63%) T-SQL
9 1 (0.63%) VBA
Qualifications
1 17 (10.63%) Degree
2 8 (5.00%) PhD
3 6 (3.75%) Computer Science Degree
4 4 (2.50%) Numerate Degree
5 3 (1.88%) CFA
5 3 (1.88%) CIMA
Quality Assurance & Compliance
1 1 (0.63%) AIFMD
1 1 (0.63%) MiFID
1 1 (0.63%) PMO
1 1 (0.63%) QA
1 1 (0.63%) UCITS
System Software
1 9 (5.63%) Docker
Systems Management
1 8 (5.00%) Kubernetes
2 1 (0.63%) Control-M
Vendors
1 9 (5.63%) Microsoft
2 7 (4.38%) Murex
3 5 (3.13%) Bloomberg
4 3 (1.88%) Atlassian
4 3 (1.88%) ION Trading
4 3 (1.88%) MarketAxess
4 3 (1.88%) Oracle
4 3 (1.88%) Sybase
5 2 (1.25%) Apple
5 2 (1.25%) FIS
5 2 (1.25%) IBM
5 2 (1.25%) SunGard
6 1 (0.63%) Infragistics
6 1 (0.63%) Reuters