Period
to 28 January 2022

The table below looks at the prevalence of the term Hedge funds 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 Hedge funds over the 6 months to 28 January 2022 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.

Hedge fund
Central London > City of London
6 months to
28 Jan 2022
Same period 2021 Same period 2020
Rank 98 128 166
Rank change year-on-year +30 +38 -4
Contract jobs citing Hedge funds 94 5 40
As % of all contract jobs advertised in the City of London 2.34% 0.24% 0.82%
As % of the Miscellaneous category 6.60% 0.67% 2.68%
Number of daily rates quoted 54 2 35
10th Percentile £411 - £454
25th Percentile £513 £725 £513
Median daily rate (50th Percentile) £525 £750 £600
Median % change year-on-year -30.00% +25.00% -
75th Percentile £597 £775 £738
90th Percentile £638 - £813
Central London median daily rate £525 £750 £600
% change year-on-year -30.00% +25.00% -

Hedge funds is in the Generic IT 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 generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,424 751 1,494
As % of all contract IT jobs advertised in the City of London 35.48% 35.53% 30.49%
Number of daily rates quoted 1,080 532 1,155
10th Percentile £405 £313 £292
25th Percentile £495 £413 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £688 £638 £625
90th Percentile £800 £725 £700
Central London median daily rate £575 £525 £515
% change year-on-year +9.52% +1.94% -1.90%
Number of hourly rates quoted 24 16 29
10th Percentile £36.55 £13.14 £11.80
25th Percentile £41.75 £21.50 £15.00
Median hourly rate £50.50 £29.25 £20.50
Median % change year-on-year +72.65% +42.68% +9.63%
75th Percentile £61.94 £39.44 £33.38
90th Percentile £64.85 £46.88 £52.25
Central London median hourly rate £50.50 £29.89 £21.00
% change year-on-year +68.95% +42.33% +9.09%

Hedge funds
Job Vacancy Trend in the City of London

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

Job vacancy trend for Hedge funds in the City of London

Hedge funds
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Hedge funds in the City of London

Hedge funds
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Hedge funds in the City of London over the 6 months to 28 January 2022.

Daily rate histogram for Hedge funds in the City of London

Hedge funds
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Hedge funds in the City of London

For the 6 months to 28 January 2022, IT contractor jobs citing Hedge funds 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 Hedge funds.

1 86 (91.49%) Finance
2 83 (88.30%) Legal
2 83 (88.30%) Financial Institution
2 83 (88.30%) Data Protection
2 83 (88.30%) GDPR
3 54 (57.45%) Social Skills
3 54 (57.45%) AOP
4 36 (38.30%) Agile Software Development
5 35 (37.23%) CI/CD
6 32 (34.04%) AWS
7 29 (30.85%) Azure
8 28 (29.79%) DevOps
9 27 (28.72%) Terraform
10 25 (26.60%) Python
11 24 (25.53%) Kubernetes
12 21 (22.34%) Serverless
12 21 (22.34%) Java
12 21 (22.34%) Docker
13 18 (19.15%) Analytics
14 17 (18.09%) Jenkins
14 17 (18.09%) Banking
14 17 (18.09%) Scrum
14 17 (18.09%) Infrastructure as Code
14 17 (18.09%) Analytical Skills
14 17 (18.09%) GCP
15 16 (17.02%) Ansible
15 16 (17.02%) Self-Motivation
15 16 (17.02%) Microsoft
16 15 (15.96%) Stakeholder Management
16 15 (15.96%) PowerShell

Hedge funds
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 (3.19%) Confluence
1 3 (3.19%) OpenStack
2 2 (2.13%) Apache Spark
2 2 (2.13%) Camunda
2 2 (2.13%) SharePoint
Applications
1 5 (5.32%) Microsoft Office
Business Applications
1 2 (2.13%) Cloudability
Cloud Services
1 32 (34.04%) AWS
2 29 (30.85%) Azure
3 21 (22.34%) Serverless
4 17 (18.09%) GCP
5 10 (10.64%) GitHub
5 10 (10.64%) PaaS
6 6 (6.38%) Amazon S3
7 5 (5.32%) Amazon EC2
7 5 (5.32%) AWS CloudFormation
7 5 (5.32%) AWS Lambda
7 5 (5.32%) GitHub Actions
7 5 (5.32%) SaaS
8 4 (4.26%) Amazon SQS
8 4 (4.26%) Apigee
8 4 (4.26%) AWS CodeBuild
8 4 (4.26%) AWS CodePipeline
8 4 (4.26%) OpenShift
9 3 (3.19%) Force.com
9 3 (3.19%) IaaS
9 3 (3.19%) Microsoft 365
Communications & Networking
1 6 (6.38%) VPN
2 5 (5.32%) Wireless
3 3 (3.19%) Firewall
3 3 (3.19%) NAS
3 3 (3.19%) SAN
4 2 (2.13%) BGP
4 2 (2.13%) DNS
5 1 (1.06%) Cisco IPT
5 1 (1.06%) FIX Connectivity
Database & Business Intelligence
1 10 (10.64%) Big Data
2 6 (6.38%) Data Warehouse
2 6 (6.38%) SQL Server
3 5 (5.32%) Data Lake
3 5 (5.32%) NoSQL
4 4 (4.26%) Hadoop
5 3 (3.19%) BigQuery
5 3 (3.19%) MongoDB
6 2 (2.13%) Amazon RDS
6 2 (2.13%) Cloudera CDH
6 2 (2.13%) DB2
6 2 (2.13%) dBASE
6 2 (2.13%) Delta Lake
6 2 (2.13%) Metadata
6 2 (2.13%) MySQL
6 2 (2.13%) PostgreSQL
6 2 (2.13%) RDBMS
6 2 (2.13%) Redis
6 2 (2.13%) Relational Database
6 2 (2.13%) Tableau
Development Applications
1 17 (18.09%) Jenkins
2 14 (14.89%) Git (software)
3 6 (6.38%) Sonatype Nexus
4 4 (4.26%) GitLab
4 4 (4.26%) JIRA
5 3 (3.19%) Bitbucket
5 3 (3.19%) Cucumber
5 3 (3.19%) git-flow
5 3 (3.19%) Maven
5 3 (3.19%) Protractor
5 3 (3.19%) Selenium
6 2 (2.13%) Spinnaker
6 2 (2.13%) webpack
7 1 (1.06%) kappa
7 1 (1.06%) Oracle APEX
7 1 (1.06%) SonarQube
7 1 (1.06%) Subversion
7 1 (1.06%) Visual Studio
7 1 (1.06%) Visual Studio Code
General
1 86 (91.49%) Finance
2 83 (88.30%) Financial Institution
2 83 (88.30%) Legal
3 54 (57.45%) Social Skills
4 17 (18.09%) Analytical Skills
4 17 (18.09%) Banking
5 5 (5.32%) Billing
5 5 (5.32%) Presentation Skills
5 5 (5.32%) Retail
6 3 (3.19%) Documentation Skills
6 3 (3.19%) Front Office
7 2 (2.13%) Investment Banking
8 1 (1.06%) Back Office
8 1 (1.06%) Influencing Skills
Job Titles
1 21 (22.34%) Developer
2 20 (21.28%) Architect
3 11 (11.70%) Azure Engineer
4 10 (10.64%) DevOps Engineer
5 8 (8.51%) Cloud Engineer
6 7 (7.45%) Analyst
6 7 (7.45%) Python Developer
7 6 (6.38%) Cloud Architect
7 6 (6.38%) Platform Engineer
7 6 (6.38%) Senior DevOps
7 6 (6.38%) Senior DevOps Engineer
7 6 (6.38%) Solutions Architect
8 5 (5.32%) Java Developer
9 4 (4.26%) AWS Engineer
9 4 (4.26%) Consultant
9 4 (4.26%) Data Engineer
9 4 (4.26%) Service Analyst
9 4 (4.26%) Service Desk Analyst
10 3 (3.19%) AWS Architect
10 3 (3.19%) Python Engineer
Libraries, Frameworks & Software Standards
1 5 (5.32%) NumPy
1 5 (5.32%) Pandas
2 4 (4.26%) CSS
2 4 (4.26%) HTML
2 4 (4.26%) Kafka
2 4 (4.26%) Node.js
2 4 (4.26%) React
2 4 (4.26%) RESTful
2 4 (4.26%) Web Services
3 3 (3.19%) .NET
3 3 (3.19%) AngularJS
3 3 (3.19%) ARM Templates
3 3 (3.19%) Gherkin
3 3 (3.19%) jQuery
3 3 (3.19%) pytest
3 3 (3.19%) Spring
3 3 (3.19%) SQLAlchemy
3 3 (3.19%) Visualforce
4 2 (2.13%) Azure Blueprints
4 2 (2.13%) PyTorch
Miscellaneous
1 16 (17.02%) Self-Motivation
2 14 (14.89%) Public Cloud
3 9 (9.57%) Analytical Mindset
3 9 (9.57%) Fixed Income
4 7 (7.45%) Cloud Native
5 6 (6.38%) Management Information System
6 4 (4.26%) Enterprise Software
7 3 (3.19%) Data Centre
7 3 (3.19%) Enterprise Cloud
8 2 (2.13%) CMDB
8 2 (2.13%) Market Risk
8 2 (2.13%) User Experience
9 1 (1.06%) Blackberry
9 1 (1.06%) Clustering
9 1 (1.06%) Equities
9 1 (1.06%) Foreign Exchange (FX)
9 1 (1.06%) Hybrid Cloud
9 1 (1.06%) Mobile App
Operating Systems
1 14 (14.89%) Windows
2 12 (12.77%) Linux
3 5 (5.32%) Windows 10
3 5 (5.32%) Windows 7
4 4 (4.26%) Unix
5 1 (1.06%) Windows Server
5 1 (1.06%) Windows Server 2012
Processes & Methodologies
1 83 (88.30%) Data Protection
2 54 (57.45%) AOP
3 36 (38.30%) Agile Software Development
4 35 (37.23%) CI/CD
5 28 (29.79%) DevOps
6 18 (19.15%) Analytics
7 17 (18.09%) Infrastructure as Code
7 17 (18.09%) Scrum
8 15 (15.96%) Stakeholder Management
9 14 (14.89%) Configuration Management
10 12 (12.77%) Decision-Making
10 12 (12.77%) Microservices
10 12 (12.77%) Problem-Solving
11 11 (11.70%) Migration
12 9 (9.57%) Collaborative Working
12 9 (9.57%) Computer Science
13 8 (8.51%) Time Management
14 7 (7.45%) Data Analytics
14 7 (7.45%) ETL
14 7 (7.45%) Software Engineering
Programming Languages
1 25 (26.60%) Python
2 21 (22.34%) Java
3 15 (15.96%) PowerShell
4 12 (12.77%) SQL
5 10 (10.64%) Bash
5 10 (10.64%) JavaScript
6 8 (8.51%) C++
6 8 (8.51%) Groovy
7 3 (3.19%) Apex Code
7 3 (3.19%) C
7 3 (3.19%) Scala
8 2 (2.13%) C#
8 2 (2.13%) TypeScript
9 1 (1.06%) ES6
9 1 (1.06%) PL/SQL
9 1 (1.06%) R
Qualifications
1 10 (10.64%) Degree
2 5 (5.32%) Computer Science Degree
3 4 (4.26%) AWS Certification
3 4 (4.26%) CISSP
4 2 (2.13%) Numerate Degree
4 2 (2.13%) PhD
4 2 (2.13%) RHCA
4 2 (2.13%) SC Cleared
4 2 (2.13%) Security Cleared
5 1 (1.06%) (ISC)2 CCSP
5 1 (1.06%) Cisco Certification
Quality Assurance & Compliance
1 83 (88.30%) GDPR
2 5 (5.32%) SLA
3 3 (3.19%) QA
4 2 (2.13%) Data Quality
System Software
1 21 (22.34%) Docker
2 4 (4.26%) KVM
3 3 (3.19%) Active Directory
4 1 (1.06%) Oracle RAC
4 1 (1.06%) VMware ESXi
4 1 (1.06%) VMware Infrastructure
4 1 (1.06%) vSphere
Systems Management
1 27 (28.72%) Terraform
2 24 (25.53%) Kubernetes
3 16 (17.02%) Ansible
4 6 (6.38%) Opscode Chef
5 3 (3.19%) Packer
5 3 (3.19%) Puppet
6 2 (2.13%) Istio
7 1 (1.06%) Data Guard
7 1 (1.06%) Grafana
7 1 (1.06%) McAfee ePO
7 1 (1.06%) Microsoft Clustering
7 1 (1.06%) Nessus
7 1 (1.06%) NetBackup
7 1 (1.06%) Norton AntiVirus
7 1 (1.06%) Oracle Enterprise Manager
7 1 (1.06%) Prometheus
7 1 (1.06%) SCCM
7 1 (1.06%) Symantec Enterprise Vault
7 1 (1.06%) vCenter Server
7 1 (1.06%) WSUS
Vendors
1 16 (17.02%) Microsoft
2 9 (9.57%) Google
3 5 (5.32%) Oracle
4 4 (4.26%) Red Hat
4 4 (4.26%) SAP
4 4 (4.26%) ServiceNow
5 3 (3.19%) AppDynamics
5 3 (3.19%) Salesforce.com
5 3 (3.19%) Splunk
6 2 (2.13%) Charles River
6 2 (2.13%) Cloudera
6 2 (2.13%) Databricks
6 2 (2.13%) Pega
7 1 (1.06%) Bloomberg
7 1 (1.06%) IBM
7 1 (1.06%) McAfee
7 1 (1.06%) Reuters
7 1 (1.06%) RightFax
7 1 (1.06%) Symantec
7 1 (1.06%) Veritas