Period
to 22 November 2017

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 22 November 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.

Hedge fund
Central London > City of London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 146 150 208
Rank change year-on-year +4 +58 +41
Contract jobs citing Hedge funds 113 96 63
As % of all contract IT jobs advertised in the City of London 1.58% 1.43% 0.70%
As % of the Miscellaneous category 3.63% 3.49% 1.77%
Number of daily rates quoted 45 61 31
City of London median daily rate £575 £475 £475
Median daily rate % change year-on-year +21.05% - -9.52%
10th Percentile £475 £406 £375
90th Percentile £650 £613 £700
Central London median daily rate £575 £525 £500
% change year-on-year +9.52% +5.00% -4.76%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 3112 2751 3550
As % of all contract IT jobs advertised in the City of London 43.48% 41.08% 39.51%
Number of daily rates quoted 2420 2144 2819
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £725 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 54
City of London median hourly rate £22.26 £19.00 £19.75
Median hourly rate % change year-on-year +17.14% -3.80% +12.86%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £55.00 £42.17
Central London median hourly rate £21.31 £18.45 £20.00
% change year-on-year +15.51% -7.75% +14.29%

Hedge funds
Job Vacancy Trend in the City of London

Job postings citing Hedge funds as a percentage 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

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

Contractor daily rate trend for Hedge funds in the City of London

Hedge funds
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Hedge funds in the City of London over the 6 months to 22 November 2017.

Contractor daily rate histogram for Hedge funds in the City of London

Hedge funds
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 Hedge funds in the City of London.

Contractor hourly rate trend for Hedge funds in the City of London

For the 6 months to 22 November 2017, IT contractor jobs citing Hedge funds 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 Hedge funds.

1 66 (58.41%) Finance
2 54 (47.79%) Financial Institution
3 45 (39.82%) Agile Software Development
4 42 (37.17%) TDD
5 38 (33.63%) Banking
5 38 (33.63%) Java
6 36 (31.86%) AOP
7 35 (30.97%) Investment Banking
8 34 (30.09%) SQL
9 28 (24.78%) JavaScript
10 27 (23.89%) SDLC
11 25 (22.12%) SQL Server
12 24 (21.24%) C#
13 23 (20.35%) .NET
14 20 (17.70%) Asset Management
14 20 (17.70%) JIRA
14 20 (17.70%) DevOps
14 20 (17.70%) Test Automation
15 19 (16.81%) Investment Management
15 19 (16.81%) WCF
16 18 (15.93%) Microsoft Office
16 18 (15.93%) Code Optimisation
16 18 (15.93%) Virtual Team
17 17 (15.04%) WPF
17 17 (15.04%) OO
18 16 (14.16%) Degree
18 16 (14.16%) MongoDB
19 15 (13.27%) T-SQL
20 14 (12.39%) OOP
20 14 (12.39%) OOD

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 11 (9.73%) Apache
2 10 (8.85%) SharePoint
3 3 (2.65%) NServiceBus
4 1 (0.88%) SharePoint 2010
Applications
1 18 (15.93%) Microsoft Office
2 5 (4.42%) Microsoft Excel
3 4 (3.54%) Microsoft PowerPoint
4 1 (0.88%) InfoPath
4 1 (0.88%) MS Visio
Business Applications
1 13 (11.50%) Markit EDM
2 12 (10.62%) SimCorp Dimension
3 4 (3.54%) Eikon
4 1 (0.88%) PolarLake
Communications & Networking
1 5 (4.42%) Internet
2 3 (2.65%) FTP
2 3 (2.65%) HTTP
3 2 (1.77%) LAN
3 2 (1.77%) SAN
3 2 (1.77%) WAN
4 1 (0.88%) Firewall
4 1 (0.88%) FIX Connectivity
4 1 (0.88%) NAS
4 1 (0.88%) NetScaler
4 1 (0.88%) VSAN
Database & Business Intelligence
1 25 (22.12%) SQL Server
2 16 (14.16%) MongoDB
3 11 (9.73%) Flink
4 7 (6.19%) Big Data
5 3 (2.65%) NoSQL
5 3 (2.65%) Relational Database
5 3 (2.65%) Siebel EIM
6 2 (1.77%) SQL Server Integration Services
7 1 (0.88%) Power BI
7 1 (0.88%) SQL Server Reporting Services
Development Applications
1 20 (17.70%) JIRA
2 13 (11.50%) Jenkins
3 11 (9.73%) Git (software)
3 11 (9.73%) TeamCity
4 5 (4.42%) Subversion
5 3 (2.65%) SpecFlow
6 1 (0.88%) Jasmine
6 1 (0.88%) NUnit
6 1 (0.88%) Protractor
6 1 (0.88%) Team Foundation Server
General
1 66 (58.41%) Finance
2 54 (47.79%) Financial Institution
3 38 (33.63%) Banking
4 35 (30.97%) Investment Banking
5 11 (9.73%) Billing
6 10 (8.85%) Front Office
7 2 (1.77%) Back Office
8 1 (0.88%) Advertising
Job Titles
1 57 (50.44%) Developer
2 20 (17.70%) C# Developer
3 19 (16.81%) Analyst
4 18 (15.93%) Java Developer
5 13 (11.50%) Data Analyst
5 13 (11.50%) Salesforce Developer
6 11 (9.73%) Build and Configuration Engineer
6 11 (9.73%) Build Engineer
6 11 (9.73%) Configuration Engineer
6 11 (9.73%) Java Engineer
7 8 (7.08%) .NET Developer
7 8 (7.08%) C# .NET Developer
7 8 (7.08%) C# WPF Developer
7 8 (7.08%) WPF Developer
8 7 (6.19%) Desktop Support
8 7 (6.19%) Investment Banking Java Developer
8 7 (6.19%) Senior Developer
9 6 (5.31%) Senior Java Developer
9 6 (5.31%) Senior Systems Developer
10 5 (4.42%) SQL Developer
Libraries, Frameworks & Software Standards
1 23 (20.35%) .NET
2 19 (16.81%) WCF
3 17 (15.04%) WPF
4 14 (12.39%) WinForms
5 10 (8.85%) Web Services
6 7 (6.19%) AngularJS
7 6 (5.31%) Visualforce
8 3 (2.65%) Akka
8 3 (2.65%) Angular 2
8 3 (2.65%) ASP.NET
8 3 (2.65%) ASP.NET Web API
8 3 (2.65%) Kafka
8 3 (2.65%) RabbitMQ
8 3 (2.65%) Reactive Extensions
8 3 (2.65%) Redux
8 3 (2.65%) SignalR
8 3 (2.65%) Task Parallel Library
8 3 (2.65%) WebSockets
8 3 (2.65%) XML
9 2 (1.77%) FIX Protocol
Miscellaneous
1 18 (15.93%) Virtual Team
2 14 (12.39%) Algorithms
2 14 (12.39%) Computer Science
2 14 (12.39%) Data Structures
3 12 (10.62%) Greenfield Project
4 7 (6.19%) Reference Data
5 5 (4.42%) Equities
5 5 (4.42%) Fixed Income
5 5 (4.42%) Smartphone
6 4 (3.54%) Analytical Skills
7 3 (2.65%) Foreign Exchange (FX)
8 2 (1.77%) Cyber Defence
9 1 (0.88%) Data Centre
9 1 (0.88%) Fintech
9 1 (0.88%) PKI
9 1 (0.88%) User Experience
Operating Systems
1 11 (9.73%) Windows
2 5 (4.42%) Windows 10
3 4 (3.54%) Windows 7
4 3 (2.65%) Linux
5 2 (1.77%) Ubuntu
5 2 (1.77%) Unix
5 2 (1.77%) Windows Server
6 1 (0.88%) Red Hat Enterprise Linux
Processes & Methodologies
1 45 (39.82%) Agile Software Development
2 42 (37.17%) TDD
3 36 (31.86%) AOP
4 27 (23.89%) SDLC
5 20 (17.70%) Asset Management
5 20 (17.70%) DevOps
5 20 (17.70%) Test Automation
6 19 (16.81%) Investment Management
7 18 (15.93%) Code Optimisation
8 17 (15.04%) OO
9 14 (12.39%) OOD
9 14 (12.39%) OOP
9 14 (12.39%) Stakeholder Management
10 13 (11.50%) Data Governance
10 13 (11.50%) Data Management
11 12 (10.62%) Multithreading
12 11 (9.73%) BDD
12 11 (9.73%) Waterfall
13 9 (7.96%) PRINCE2
14 8 (7.08%) Project Management
Programming Languages
1 38 (33.63%) Java
2 34 (30.09%) SQL
3 28 (24.78%) JavaScript
4 24 (21.24%) C#
5 15 (13.27%) T-SQL
6 11 (9.73%) C++
7 6 (5.31%) Apex Code
8 3 (2.65%) PowerShell
8 3 (2.65%) STATISTICA Visual Basic
9 2 (1.77%) Python
10 1 (0.88%) TypeScript
Qualifications
1 16 (14.16%) Degree
2 5 (4.42%) PRINCE2 Practitioner
3 3 (2.65%) Siebel Certification
4 2 (1.77%) SC Cleared
4 2 (1.77%) Security Cleared
5 1 (0.88%) VCP6
5 1 (0.88%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 4 (3.54%) PMO
1 4 (3.54%) QA
2 1 (0.88%) Dodd-Frank
2 1 (0.88%) EMIR
2 1 (0.88%) FATCA
2 1 (0.88%) MiFID
System Software
1 7 (6.19%) Active Directory
2 1 (0.88%) DFS Replication
2 1 (0.88%) VMware Infrastructure
2 1 (0.88%) vSphere
2 1 (0.88%) XenDesktop
Systems Management
1 2 (1.77%) Packer
1 2 (1.77%) Puppet
1 2 (1.77%) SCCM
2 1 (0.88%) HP Quality Center
2 1 (0.88%) SCOM
2 1 (0.88%) vCenter Server
Vendors
1 13 (11.50%) Salesforce.com
2 12 (10.62%) Charles River
2 12 (10.62%) SimCorp
3 6 (5.31%) Citrix
4 5 (4.42%) AppDynamics
4 5 (4.42%) Bloomberg
4 5 (4.42%) Reuters
4 5 (4.42%) Splunk
5 4 (3.54%) CQG
5 4 (3.54%) FactSet
5 4 (3.54%) Fidessa
5 4 (3.54%) Oracle
6 3 (2.65%) Red Hat
6 3 (2.65%) Siebel
7 2 (1.77%) Sybase
7 2 (1.77%) VMware
8 1 (0.88%) HP
8 1 (0.88%) Microsoft
8 1 (0.88%) Nintex
8 1 (0.88%) SmartCo