Period
to 17 February 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 17 February 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
17 Feb 2018
Same period 2017 Same period 2016
Rank 164 184 145
Rank change year-on-year +20 -39 +93
Contract jobs citing Hedge funds 87 47 91
As % of all contract IT jobs advertised in the City of London 1.23% 0.76% 1.35%
As % of the Miscellaneous category 2.90% 1.93% 3.29%
Number of daily rates quoted 47 24 41
City of London median daily rate £600 £475 £475
Median daily rate % change year-on-year +26.32% - -9.52%
10th Percentile £475 £340 £350
90th Percentile £813 £613 £738
Central London median daily rate £600 £575 £475
% change year-on-year +4.35% +21.05% -9.52%
Number of hourly rates quoted 4 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 3,002 2,435 2,763
As % of all contract IT jobs advertised in the City of London 42.53% 39.54% 40.98%
Number of daily rates quoted 2,389 1,864 2,171
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £313 £285
90th Percentile £725 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 44 26 48
City of London median hourly rate £21.63 £19.00 £19.10
Median hourly rate % change year-on-year +13.82% -0.51% +7.50%
10th Percentile £12.58 £13.25 £11.50
90th Percentile £47.58 £55.00 £32.52
Central London median hourly rate £21.50 £19.00 £19.50
% change year-on-year +13.16% -2.56% +11.43%

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 17 February 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 17 February 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 44 (50.57%) Finance
2 42 (48.28%) SQL
3 31 (35.63%) SQL Server
4 30 (34.48%) Java
5 28 (32.18%) C#
6 27 (31.03%) Financial Institution
7 25 (28.74%) Banking
8 24 (27.59%) Degree
9 23 (26.44%) Agile Software Development
9 23 (26.44%) TDD
10 21 (24.14%) .NET
10 21 (24.14%) Computer Science
11 19 (21.84%) WCF
12 18 (20.69%) T-SQL
12 18 (20.69%) Investment Banking
13 17 (19.54%) AOP
14 15 (17.24%) Asset Management
14 15 (17.24%) OO
15 14 (16.09%) OOP
15 14 (16.09%) OOD
15 14 (16.09%) WinForms
15 14 (16.09%) Front Office
15 14 (16.09%) WPF
15 14 (16.09%) Multithreading
15 14 (16.09%) Data Structures
15 14 (16.09%) Algorithms
16 13 (14.94%) Windows
16 13 (14.94%) JavaScript
17 12 (13.79%) Active Directory
17 12 (13.79%) Service Management

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 (3.45%) Apache
2 1 (1.15%) Apache Spark
2 1 (1.15%) IIS
Applications
1 6 (6.90%) Microsoft Office
2 5 (5.75%) Microsoft Excel
3 1 (1.15%) MS Visio
Business Applications
1 8 (9.20%) Markit EDM
2 5 (5.75%) SimCorp Dimension
3 3 (3.45%) Summit
Cloud Services
1 1 (1.15%) Amazon AWS
1 1 (1.15%) Microsoft Azure
Communications & Networking
1 5 (5.75%) Internet
2 2 (2.30%) FTP
2 2 (2.30%) HTTP
3 1 (1.15%) Firewall
3 1 (1.15%) FIX Connectivity
3 1 (1.15%) LAN
3 1 (1.15%) WAN
Database & Business Intelligence
1 31 (35.63%) SQL Server
2 9 (10.34%) SQL Server Reporting Services
3 5 (5.75%) SQL Server Integration Services
4 4 (4.60%) MongoDB
5 3 (3.45%) OLAP
5 3 (3.45%) OLAP Cube
5 3 (3.45%) SQL Server Analysis Services
6 2 (2.30%) Big Data
6 2 (2.30%) Data Warehouse
6 2 (2.30%) Flink
6 2 (2.30%) Relational Database
6 2 (2.30%) Siebel EIM
6 2 (2.30%) SQL Server 2016
7 1 (1.15%) Microsoft Analysis Services
7 1 (1.15%) Power BI
7 1 (1.15%) SQL Server 2014
Development Applications
1 7 (8.05%) JIRA
2 4 (4.60%) Jenkins
3 2 (2.30%) Git (software)
3 2 (2.30%) NUnit
3 2 (2.30%) Subversion
3 2 (2.30%) TeamCity
4 1 (1.15%) ERwin
General
1 44 (50.57%) Finance
2 27 (31.03%) Financial Institution
3 25 (28.74%) Banking
4 18 (20.69%) Investment Banking
5 14 (16.09%) Front Office
6 5 (5.75%) Back Office
7 2 (2.30%) Billing
Job Titles
1 53 (60.92%) Developer
2 25 (28.74%) C# Developer
3 18 (20.69%) Analyst
4 17 (19.54%) Java Developer
5 9 (10.34%) Senior Developer
6 8 (9.20%) Data Analyst
7 7 (8.05%) .NET Developer
7 7 (8.05%) C# .NET Developer
7 7 (8.05%) C# WPF Developer
7 7 (8.05%) SQL Analyst
7 7 (8.05%) SQL Developer
7 7 (8.05%) WPF Developer
8 6 (6.90%) Business Analyst
8 6 (6.90%) Senior Java Developer
8 6 (6.90%) Senior Systems Developer
9 5 (5.75%) Active Directory Support
9 5 (5.75%) Desktop Support
9 5 (5.75%) JavaScript Developer
10 4 (4.60%) Agile Developer
10 4 (4.60%) Excel Analyst
Libraries, Frameworks & Software Standards
1 21 (24.14%) .NET
2 19 (21.84%) WCF
3 14 (16.09%) WinForms
3 14 (16.09%) WPF
4 11 (12.64%) Web Services
5 7 (8.05%) LDAP
5 7 (8.05%) REST
5 7 (8.05%) SailPoint
5 7 (8.05%) SOAP
6 5 (5.75%) AngularJS
7 3 (3.45%) COM
7 3 (3.45%) MDX
7 3 (3.45%) XML
8 2 (2.30%) Entity Framework
8 2 (2.30%) FpML
8 2 (2.30%) Visualforce
9 1 (1.15%) FIX Protocol
9 1 (1.15%) J2EE
9 1 (1.15%) Middleware
9 1 (1.15%) Spring
Miscellaneous
1 21 (24.14%) Computer Science
2 14 (16.09%) Algorithms
2 14 (16.09%) Data Structures
3 11 (12.64%) Fixed Income
4 5 (5.75%) Smartphone
5 4 (4.60%) Fintech
5 4 (4.60%) Greenfield Project
5 4 (4.60%) Market Risk
5 4 (4.60%) PMI
5 4 (4.60%) Virtual Team
6 3 (3.45%) Analytical Skills
6 3 (3.45%) Credit Risk
6 3 (3.45%) Cyber Defence
6 3 (3.45%) Data Centre
6 3 (3.45%) Derivative
6 3 (3.45%) Management Information System
6 3 (3.45%) Reference Data
7 1 (1.15%) Equities
7 1 (1.15%) Grid Computing
Operating Systems
1 13 (14.94%) Windows
2 5 (5.75%) Windows 10
3 3 (3.45%) Linux
4 1 (1.15%) Unix
4 1 (1.15%) Windows Server
Processes & Methodologies
1 23 (26.44%) Agile Software Development
1 23 (26.44%) TDD
2 17 (19.54%) AOP
3 15 (17.24%) Asset Management
3 15 (17.24%) OO
4 14 (16.09%) Multithreading
4 14 (16.09%) OOD
4 14 (16.09%) OOP
5 12 (13.79%) Service Management
6 11 (12.64%) Investment Management
7 10 (11.49%) Risk Management
8 9 (10.34%) Test Automation
9 8 (9.20%) Data Governance
9 8 (9.20%) Data Management
9 8 (9.20%) Project Management
9 8 (9.20%) SDLC
10 7 (8.05%) Business Analysis
10 7 (8.05%) Identity Access Management
10 7 (8.05%) ITSM
10 7 (8.05%) Pair Programming
Programming Languages
1 42 (48.28%) SQL
2 30 (34.48%) Java
3 28 (32.18%) C#
4 18 (20.69%) T-SQL
5 13 (14.94%) JavaScript
6 10 (11.49%) Python
7 7 (8.05%) BeanShell
8 5 (5.75%) C++
9 3 (3.45%) VBA
10 2 (2.30%) Apex Code
10 2 (2.30%) PowerShell
10 2 (2.30%) STATISTICA Visual Basic
10 2 (2.30%) TypeScript
11 1 (1.15%) Scala
Qualifications
1 24 (27.59%) Degree
2 4 (4.60%) CFA
2 4 (4.60%) MBA
2 4 (4.60%) PMI Certification
3 3 (3.45%) SC Cleared
3 3 (3.45%) Security Cleared
4 2 (2.30%) Siebel Certification
5 1 (1.15%) AWS Certification
5 1 (1.15%) CISM
5 1 (1.15%) CISSP
5 1 (1.15%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 4 (4.60%) QA
2 3 (3.45%) Basel III
2 3 (3.45%) EMIR
2 3 (3.45%) FATCA
2 3 (3.45%) MiFID
2 3 (3.45%) Solvency II
3 1 (1.15%) Data Quality
System Software
1 12 (13.79%) Active Directory
Systems Management
1 2 (2.30%) Ansible
1 2 (2.30%) HP Quality Center
Vendors
1 8 (9.20%) Charles River
2 7 (8.05%) ServiceNow
3 6 (6.90%) Bloomberg
4 5 (5.75%) Citrix
4 5 (5.75%) Microsoft
4 5 (5.75%) SimCorp
5 4 (4.60%) Salesforce.com
6 3 (3.45%) Calypso
6 3 (3.45%) Murex
6 3 (3.45%) Sophis
7 2 (2.30%) Cisco
7 2 (2.30%) F5
7 2 (2.30%) FactSet
7 2 (2.30%) Fortinet
7 2 (2.30%) Palo Alto
7 2 (2.30%) Siebel
8 1 (1.15%) Oracle
8 1 (1.15%) Sybase