Period
to 16 August 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 16 August 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
16 Aug 2018
Same period 2017 Same period 2016
Rank 197 129 138
Rank change year-on-year -68 +9 +111
Contract jobs citing Hedge funds 62 120 108
As % of all contract IT jobs advertised in the City of London 0.89% 1.82% 1.59%
As % of the Miscellaneous category 2.03% 4.33% 3.94%
Number of daily rates quoted 34 51 74
City of London median daily rate £575 £575 £475
Median daily rate % change year-on-year - +21.05% -13.64%
10th Percentile £236 £475 £406
90th Percentile £863 £655 £638
Central London median daily rate £575 £575 £475
% change year-on-year - +21.05% -17.39%
Number of hourly rates quoted 3 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 3,048 2,771 2,740
As % of all contract IT jobs advertised in the City of London 43.69% 42.03% 40.29%
Number of daily rates quoted 2,336 2,101 2,218
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +2.15%
10th Percentile £319 £313 £305
90th Percentile £725 £688 £663
Central London median daily rate £525 £525 £470
% change year-on-year - +11.70% +4.44%
Number of hourly rates quoted 57 30 30
City of London median hourly rate £19.50 £21.16 £19.00
Median hourly rate % change year-on-year -7.82% +11.34% -9.52%
10th Percentile £13.31 £12.52 £11.25
90th Percentile £42.70 £33.36 £47.80
Central London median hourly rate £19.38 £18.85 £18.45
% change year-on-year +2.79% +2.17% -12.14%

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 16 August 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 16 August 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 46 (74.19%) Finance
2 28 (45.16%) Financial Institution
3 22 (35.48%) Java
4 15 (24.19%) SQL
5 14 (22.58%) AOP
5 14 (22.58%) QA
5 14 (22.58%) Analytical Skills
6 13 (20.97%) Problem-Solving
6 13 (20.97%) Unit Testing
6 13 (20.97%) Web Services
6 13 (20.97%) Linux
6 13 (20.97%) Front Office
7 12 (19.35%) C#
8 11 (17.74%) Relational Database
9 10 (16.13%) SDLC
9 10 (16.13%) STATISTICA Visual Basic
9 10 (16.13%) Siebel EIM
9 10 (16.13%) Systems Analysis
9 10 (16.13%) Software Testing
9 10 (16.13%) XML
9 10 (16.13%) Siebel
9 10 (16.13%) FTP
9 10 (16.13%) HTTP
9 10 (16.13%) EAI
9 10 (16.13%) Workflow
9 10 (16.13%) Siebel Certification
10 9 (14.52%) Configuration Management
10 9 (14.52%) Banking
10 9 (14.52%) TDD
10 9 (14.52%) Ansible

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 7 (11.29%) SharePoint
2 3 (4.84%) SharePoint 2013
3 1 (1.61%) Oracle SOA Suite
Applications
1 1 (1.61%) Microsoft Excel
Business Applications
1 3 (4.84%) thinkFolio
2 2 (3.23%) Markit EDM
Cloud Services
1 8 (12.90%) Amazon AWS
1 8 (12.90%) Amazon CloudWatch
1 8 (12.90%) Amazon EC2
1 8 (12.90%) Amazon ELB
1 8 (12.90%) Amazon S3
1 8 (12.90%) AWS CloudFormation
1 8 (12.90%) AWS Lambda
1 8 (12.90%) CloudFront
1 8 (12.90%) OpenShift
1 8 (12.90%) PaaS
1 8 (12.90%) Route 53
1 8 (12.90%) Serverless
1 8 (12.90%) Virtual Private Cloud
2 3 (4.84%) Office 365
3 1 (1.61%) Microsoft Azure
Communications & Networking
1 10 (16.13%) FTP
1 10 (16.13%) HTTP
Database & Business Intelligence
1 11 (17.74%) Relational Database
2 10 (16.13%) Siebel EIM
3 8 (12.90%) Amazon RDS
4 7 (11.29%) SQL Server
5 4 (6.45%) KDB
5 4 (6.45%) Kdb+
6 2 (3.23%) SQL Server Reporting Services
7 1 (1.61%) OLAP
7 1 (1.61%) OLAP Cube
7 1 (1.61%) RDBMS
7 1 (1.61%) SQL Server Analysis Services
7 1 (1.61%) SQL Server Integration Services
Development Applications
1 8 (12.90%) Jenkins
2 1 (1.61%) JIRA
2 1 (1.61%) Moq
2 1 (1.61%) MSTest
2 1 (1.61%) NSubstitute
2 1 (1.61%) NUnit
2 1 (1.61%) Subversion
General
1 46 (74.19%) Finance
2 28 (45.16%) Financial Institution
3 13 (20.97%) Front Office
4 9 (14.52%) Banking
5 4 (6.45%) Investment Banking
6 3 (4.84%) Back Office
7 1 (1.61%) General Ledger
7 1 (1.61%) Legal
7 1 (1.61%) Publishing
Job Titles
1 36 (58.06%) Developer
2 11 (17.74%) C# Developer
3 10 (16.13%) Siebel Developer
4 8 (12.90%) Java Developer
4 8 (12.90%) Platform Engineer
5 6 (9.68%) Analyst
5 6 (9.68%) SharePoint Developer
6 5 (8.06%) Test Analyst
7 4 (6.45%) Lead Developer
7 4 (6.45%) Lead Java Developer
8 2 (3.23%) Front Office Developer
8 2 (3.23%) Senior C# Developer
8 2 (3.23%) Senior Developer
9 1 (1.61%) .NET Developer
9 1 (1.61%) C# ASP.NET Developer
9 1 (1.61%) JavaScript Developer
9 1 (1.61%) Junior Developer
9 1 (1.61%) Junior Java Developer
9 1 (1.61%) Linux Engineer
9 1 (1.61%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 13 (20.97%) Web Services
2 10 (16.13%) XML
3 8 (12.90%) .NET
4 7 (11.29%) REST
5 4 (6.45%) HATEOAS
5 4 (6.45%) RESTful
5 4 (6.45%) Spring
6 3 (4.84%) LDAP
6 3 (4.84%) SailPoint
6 3 (4.84%) SOAP
6 3 (4.84%) WCF
6 3 (4.84%) WinForms
6 3 (4.84%) WPF
7 2 (3.23%) AngularJS
7 2 (3.23%) ASP.NET Web API
7 2 (3.23%) Entity Framework
7 2 (3.23%) LINQ
7 2 (3.23%) RabbitMQ
7 2 (3.23%) Rendezvous
8 1 (1.61%) Ninject
Miscellaneous
1 14 (22.58%) Analytical Skills
2 6 (9.68%) Computer Science
2 6 (9.68%) Fixed Income
3 4 (6.45%) Virtual Team
4 3 (4.84%) Equities
4 3 (4.84%) Greenfield Project
5 2 (3.23%) Data Centre
6 1 (1.61%) Algorithms
6 1 (1.61%) Data Structures
6 1 (1.61%) Fintech
6 1 (1.61%) Foreign Exchange (FX)
6 1 (1.61%) Graphic Design
6 1 (1.61%) PMI
6 1 (1.61%) User Experience
Operating Systems
1 13 (20.97%) Linux
2 4 (6.45%) Unix
2 4 (6.45%) Windows
Processes & Methodologies
1 14 (22.58%) AOP
2 13 (20.97%) Problem-Solving
2 13 (20.97%) Unit Testing
3 10 (16.13%) EAI
3 10 (16.13%) SDLC
3 10 (16.13%) Software Testing
3 10 (16.13%) Systems Analysis
3 10 (16.13%) Workflow
4 9 (14.52%) Configuration Management
4 9 (14.52%) TDD
5 8 (12.90%) Continuous Delivery
5 8 (12.90%) Continuous Integration
5 8 (12.90%) Deployment Automation
5 8 (12.90%) Test Automation
6 5 (8.06%) Software Engineering
6 5 (8.06%) Test Scripting
6 5 (8.06%) Web Development
7 4 (6.45%) Algorithmic Trading
7 4 (6.45%) Mathematics
7 4 (6.45%) Systematic Trading
Programming Languages
1 22 (35.48%) Java
2 15 (24.19%) SQL
3 12 (19.35%) C#
4 10 (16.13%) STATISTICA Visual Basic
5 3 (4.84%) BeanShell
6 2 (3.23%) Python
7 1 (1.61%) JavaScript
7 1 (1.61%) PL/SQL
7 1 (1.61%) T-SQL
7 1 (1.61%) TypeScript
Qualifications
1 10 (16.13%) Siebel Certification
2 5 (8.06%) Degree
3 1 (1.61%) CFA
3 1 (1.61%) ISEB
3 1 (1.61%) ISTQB
3 1 (1.61%) MBA
3 1 (1.61%) OCP
3 1 (1.61%) Oracle Certification
3 1 (1.61%) PMI Certification
Quality Assurance & Compliance
1 14 (22.58%) QA
System Software
1 3 (4.84%) Active Directory
2 1 (1.61%) Docker
2 1 (1.61%) VMware NSX
2 1 (1.61%) vSphere
Systems Management
1 9 (14.52%) Ansible
1 9 (14.52%) Puppet
2 8 (12.90%) Kubernetes
2 8 (12.90%) Sysdig
2 8 (12.90%) Terraform
Vendors
1 10 (16.13%) Siebel
2 8 (12.90%) Splunk
3 5 (8.06%) Microsoft
4 3 (4.84%) Bloomberg
4 3 (4.84%) Oracle
4 3 (4.84%) ServiceNow
5 2 (3.23%) Charles River
5 2 (3.23%) Cisco
6 1 (1.61%) Calypso
6 1 (1.61%) Capita
6 1 (1.61%) F5
6 1 (1.61%) FactSet
6 1 (1.61%) Fortinet
6 1 (1.61%) Palo Alto
6 1 (1.61%) Tableau
6 1 (1.61%) VMware