Period
to 27 May 2018

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 27 May 2018 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
27 May 2018
Same period 2017 Same period 2016
Rank 163 151 133
Rank change year-on-year -12 -18 +105
Contract jobs citing Hedge funds 83 86 98
As % of all contract IT jobs advertised in the City of London 1.20% 1.39% 1.51%
As % of the Miscellaneous category 2.79% 3.52% 3.74%
Number of daily rates quoted 44 49 55
City of London median daily rate £625 £575 £475
Median daily rate % change year-on-year +8.70% +21.05% -13.64%
10th Percentile £311 £340 £363
90th Percentile £848 £662 £750
Central London median daily rate £575 £575 £475
% change year-on-year - +21.05% -17.39%
Number of hourly rates quoted 7 0 0
City of London median hourly rate £21.50 - -
Central London median hourly rate £21.50 - -

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 2,974 2,446 2,619
As % of all contract IT jobs advertised in the City of London 42.96% 39.45% 40.29%
Number of daily rates quoted 2,289 1,871 2,101
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £313 £306 £294
90th Percentile £713 £675 £675
Central London median daily rate £515 £500 £473
% change year-on-year +3.00% +5.82% +5.00%
Number of hourly rates quoted 56 23 41
City of London median hourly rate £21.00 £18.70 £19.00
Median hourly rate % change year-on-year +12.33% -1.61% -1.81%
10th Percentile £12.50 £12.51 £11.25
90th Percentile £47.32 £29.95 £41.75
Central London median hourly rate £20.00 £16.00 £19.00
% change year-on-year +25.00% -15.79% -4.40%

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 27 May 2018.

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 27 May 2018, 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 67 (80.72%) Finance
2 38 (45.78%) Financial Institution
3 35 (42.17%) Java
4 34 (40.96%) SQL
5 24 (28.92%) AOP
6 23 (27.71%) Front Office
6 23 (27.71%) Problem-Solving
7 21 (25.30%) Web Services
8 18 (21.69%) C#
8 18 (21.69%) Banking
9 15 (18.07%) Degree
9 15 (18.07%) Linux
9 15 (18.07%) Computer Science
9 15 (18.07%) Analytical Skills
10 14 (16.87%) REST
10 14 (16.87%) Fixed Income
11 13 (15.66%) Agile Software Development
12 12 (14.46%) Python
12 12 (14.46%) XML
12 12 (14.46%) SQL Server
12 12 (14.46%) QA
12 12 (14.46%) Unit Testing
13 11 (13.25%) Relational Database
13 11 (13.25%) SDLC
13 11 (13.25%) Siebel
13 11 (13.25%) EAI
13 11 (13.25%) FTP
13 11 (13.25%) HTTP
13 11 (13.25%) Siebel Certification
13 11 (13.25%) Systems Analysis

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 6 (7.23%) SharePoint
2 3 (3.61%) SharePoint 2013
3 1 (1.20%) Apache
3 1 (1.20%) Apache Spark
3 1 (1.20%) IIS
3 1 (1.20%) Oracle SOA Suite
Applications
1 5 (6.02%) Microsoft Excel
2 1 (1.20%) Microsoft Office
Business Applications
1 3 (3.61%) Markit EDM
1 3 (3.61%) Summit
2 2 (2.41%) thinkFolio
Cloud Services
1 8 (9.64%) Amazon AWS
2 7 (8.43%) Amazon CloudWatch
2 7 (8.43%) Amazon EC2
2 7 (8.43%) Amazon ELB
2 7 (8.43%) Amazon S3
2 7 (8.43%) AWS CloudFormation
2 7 (8.43%) AWS Lambda
2 7 (8.43%) CloudFront
2 7 (8.43%) OpenShift
2 7 (8.43%) PaaS
2 7 (8.43%) Route 53
2 7 (8.43%) Serverless
2 7 (8.43%) Virtual Private Cloud
3 3 (3.61%) Office 365
4 2 (2.41%) Microsoft Azure
Communications & Networking
1 11 (13.25%) FTP
1 11 (13.25%) HTTP
Database & Business Intelligence
1 12 (14.46%) SQL Server
2 11 (13.25%) Relational Database
2 11 (13.25%) Siebel EIM
3 10 (12.05%) SQL Server Reporting Services
4 7 (8.43%) Amazon RDS
5 5 (6.02%) SQL Server Integration Services
6 4 (4.82%) KDB
6 4 (4.82%) Kdb+
6 4 (4.82%) OLAP
6 4 (4.82%) OLAP Cube
6 4 (4.82%) SQL Server Analysis Services
7 2 (2.41%) Data Warehouse
7 2 (2.41%) SQL Server 2016
8 1 (1.20%) Microsoft Analysis Services
8 1 (1.20%) SQL Server 2014
Development Applications
1 7 (8.43%) Jenkins
2 3 (3.61%) JIRA
3 1 (1.20%) ERwin
3 1 (1.20%) NUnit
3 1 (1.20%) Subversion
General
1 67 (80.72%) Finance
2 38 (45.78%) Financial Institution
3 23 (27.71%) Front Office
4 18 (21.69%) Banking
5 9 (10.84%) Investment Banking
6 5 (6.02%) Back Office
Job Titles
1 52 (62.65%) Developer
2 15 (18.07%) C# Developer
3 13 (15.66%) Java Developer
4 11 (13.25%) Siebel Developer
5 8 (9.64%) Analyst
6 7 (8.43%) Platform Engineer
7 6 (7.23%) SharePoint Developer
8 5 (6.02%) Excel Analyst
8 5 (6.02%) Programmer
8 5 (6.02%) Senior C# Developer
8 5 (6.02%) Senior Developer
8 5 (6.02%) SQL Analyst
8 5 (6.02%) SQL Programmer
9 4 (4.82%) Architect
9 4 (4.82%) C# Quant Developer
9 4 (4.82%) Lead Developer
9 4 (4.82%) Lead Java Developer
9 4 (4.82%) Quantitative Developer
10 3 (3.61%) Python Programmer
10 3 (3.61%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 21 (25.30%) Web Services
2 14 (16.87%) REST
3 12 (14.46%) XML
4 10 (12.05%) LDAP
4 10 (12.05%) SailPoint
4 10 (12.05%) SOAP
5 8 (9.64%) WCF
6 6 (7.23%) .NET
7 5 (6.02%) Spring
8 4 (4.82%) HATEOAS
8 4 (4.82%) MDX
8 4 (4.82%) RESTful
8 4 (4.82%) WinForms
8 4 (4.82%) WPF
9 3 (3.61%) AngularJS
9 3 (3.61%) COM
9 3 (3.61%) FpML
10 2 (2.41%) Entity Framework
10 2 (2.41%) RabbitMQ
10 2 (2.41%) Rendezvous
Miscellaneous
1 15 (18.07%) Analytical Skills
1 15 (18.07%) Computer Science
2 14 (16.87%) Fixed Income
3 5 (6.02%) Fintech
3 5 (6.02%) PMI
4 4 (4.82%) Data Centre
4 4 (4.82%) Market Risk
4 4 (4.82%) Virtual Team
5 3 (3.61%) Algorithms
5 3 (3.61%) Credit Risk
5 3 (3.61%) Data Structures
5 3 (3.61%) Derivative
5 3 (3.61%) Equities
5 3 (3.61%) Management Information System
6 2 (2.41%) Greenfield Project
7 1 (1.20%) Cyber Defence
7 1 (1.20%) Foreign Exchange (FX)
7 1 (1.20%) Grid Computing
7 1 (1.20%) Reference Data
Operating Systems
1 15 (18.07%) Linux
2 10 (12.05%) Windows
3 4 (4.82%) Unix
Processes & Methodologies
1 24 (28.92%) AOP
2 23 (27.71%) Problem-Solving
3 13 (15.66%) Agile Software Development
4 12 (14.46%) Unit Testing
5 11 (13.25%) EAI
5 11 (13.25%) SDLC
5 11 (13.25%) Software Testing
5 11 (13.25%) Systems Analysis
5 11 (13.25%) Workflow
6 10 (12.05%) Identity Access Management
6 10 (12.05%) ITSM
6 10 (12.05%) Risk Management
6 10 (12.05%) Service Management
6 10 (12.05%) TDD
7 9 (10.84%) Project Management
8 8 (9.64%) Business Analysis
8 8 (9.64%) Configuration Management
8 8 (9.64%) Multithreading
9 7 (8.43%) Continuous Delivery
9 7 (8.43%) Continuous Integration
Programming Languages
1 35 (42.17%) Java
2 34 (40.96%) SQL
3 18 (21.69%) C#
4 12 (14.46%) Python
5 11 (13.25%) STATISTICA Visual Basic
6 10 (12.05%) BeanShell
7 6 (7.23%) T-SQL
8 3 (3.61%) C++
8 3 (3.61%) VBA
9 1 (1.20%) Java 8
9 1 (1.20%) JavaScript
9 1 (1.20%) PowerShell
9 1 (1.20%) Scala
9 1 (1.20%) TypeScript
Qualifications
1 15 (18.07%) Degree
2 11 (13.25%) Siebel Certification
3 5 (6.02%) CFA
3 5 (6.02%) MBA
3 5 (6.02%) PMI Certification
4 1 (1.20%) AWS Certification
4 1 (1.20%) CISM
4 1 (1.20%) CISSP
4 1 (1.20%) OCP
4 1 (1.20%) Oracle Certification
4 1 (1.20%) SC Cleared
4 1 (1.20%) Security Cleared
Quality Assurance & Compliance
1 12 (14.46%) QA
2 3 (3.61%) Basel III
2 3 (3.61%) EMIR
2 3 (3.61%) FATCA
2 3 (3.61%) MiFID
2 3 (3.61%) Solvency II
3 1 (1.20%) Data Quality
System Software
1 10 (12.05%) Active Directory
2 1 (1.20%) Docker
Systems Management
1 10 (12.05%) Ansible
2 8 (9.64%) Puppet
3 7 (8.43%) Kubernetes
3 7 (8.43%) Sysdig
3 7 (8.43%) Terraform
4 1 (1.20%) HP Quality Center
Vendors
1 11 (13.25%) Siebel
2 10 (12.05%) ServiceNow
3 9 (10.84%) Bloomberg
4 7 (8.43%) Microsoft
4 7 (8.43%) Splunk
5 5 (6.02%) Charles River
6 4 (4.82%) Calypso
7 3 (3.61%) Cisco
7 3 (3.61%) F5
7 3 (3.61%) FactSet
7 3 (3.61%) Fortinet
7 3 (3.61%) Murex
7 3 (3.61%) Palo Alto
7 3 (3.61%) Sophis
8 2 (2.41%) Oracle