Front Office Contracts in London

The table below looks at the prevalence of the term Front Office in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Front Office over the 3 months to 26 June 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.

Front Office England / London
Location	3 months to 26 Jun 2017	Same period 2016	Same period 2015
Rank	33	83	52
Rank change year-on-year	+50	-31
Contract jobs citing Front Office	1211	632	871
As % of all contract IT jobs advertised in London	5.83%	2.96%	3.73%
As % of the General category	12.71%	6.71%	8.02%
Number of daily rates quoted	935	529	743
Median daily rate	£600	£600	£575
Median daily rate % change year-on-year	-	+4.34%
90% offered a daily rate of more than	£475	£475	£450
10% offered a daily rate of more than	£700	£700	£675
UK excluding London median daily rate	£425	£405	£525
% change year-on-year	+4.93%	-22.85%
Number of hourly rates quoted	4	2	0
Median hourly rate	£15.00	£46.50	-
Median hourly rate % change year-on-year	-67.74%	-
UK excluding London median hourly rate	£10.00	-	£65.00

Front Office is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for common skills.

General Skills London
Contract job vacancies with a requirement for common skills	9527	9416	10857
As % of all contract IT job vacancies advertised in London	45.90%	44.05%	46.51%
Number of daily rates quoted	6834	6955	7826
Median daily rate	£525	£500	£475
Median daily rate % change year-on-year	+5.00%	+5.26%
90% offered a daily rate of more than	£350	£320	£300
10% offered a daily rate of more than	£650	£650	£650
UK excluding London median daily rate	£415	£400	£400
% change year-on-year	+3.75%	-
Number of hourly rates quoted	84	105	118
Median hourly rate	£22.25	£22.25	£22.50
Median hourly rate % change year-on-year	-	-1.11%
90% offered a hourly rate of more than	£14.15	£10.01	£11.15
10% offered a hourly rate of more than	£43.03	£45.75	£52.17
UK excluding London median hourly rate	£30.00	£25.00	£22.50
% change year-on-year	+20.00%	+11.11%

Front Office
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Front Office as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Front Office in London

Front Office
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Front Office in London.

Contractor daily rate trend for Front Office in London

Front Office
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Front Office in London over the 3 months to 26 June 2017.

Contractor daily rate histogram for Front Office in London

Front Office
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Front Office in London.

Contractor hourly rate trend for Front Office in London

Front Office
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Front Office within the London region over the 3 months to 26 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location	Rank Change on Same Period Last Year	Matching Contract IT Job Ads	Median Daily Rate Last 3 Months	Median Daily Rate % Change on Same Period Last Year	Live Job Vacancies
City of London	+34	279	£600	-0.08%	51
Canary Wharf	+13	16	£650	+30.00%
Docklands, London	-	10	£600	-
Bromley	-	3	£613	-
Chiswick	-	1	-	-	1
Mayfair	-	1	£800	-
Moorgate	-	1	-	-
Front Office England

Front Office
Top 30 Co-occurring IT Skills in London

For the 6 months to 26 June 2017, IT contractor jobs citing Front Office 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 London region with a requirement for Front Office.

1	919 (45.29%)	Banking
2	857 (42.24%)	Finance
3	719 (35.44%)	Java
4	600 (29.57%)	Investment Banking
5	570 (28.09%)	Foreign Exchange (FX)
6	532 (26.22%)	Agile Software Development
7	506 (24.94%)	C#
8	491 (24.20%)	SQL
9	454 (22.38%)	Fixed Income
10	397 (19.57%)	Electronic Trading
11	389 (19.17%)	Derivative
12	377 (18.58%)	Multithreading
13	351 (17.30%)	Equities
14	315 (15.52%)	C++
15	297 (14.64%)	Low Latency

16	270 (13.31%)	.NET
17	266 (13.11%)	MiFID
18	263 (12.96%)	JavaScript
19	250 (12.32%)	HTML
20	239 (11.78%)	Analytical Skills
21	236 (11.63%)	SQL Server
22	230 (11.34%)	TDD
23	226 (11.14%)	Python
24	222 (10.94%)	Linux
25	218 (10.74%)	Oracle
25	218 (10.74%)	HTML5
26	216 (10.65%)	Unix
27	196 (9.66%)	Risk Management
28	188 (9.27%)	OO
29	177 (8.72%)	AngularJS

Front Office
Co-occurring IT Skills in 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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	58 (2.86%)	Oracle Coherence
2	40 (1.97%)	Apache Spark
3	19 (0.94%)	IIS
4	17 (0.84%)	Apache
5	16 (0.79%)	DataSynapse
5	16 (0.79%)	Oracle Workflow
6	13 (0.64%)	Elasticsearch
7	12 (0.59%)	WebSphere
8	11 (0.54%)	WebLogic
9	10 (0.49%)	Confluence
9	10 (0.49%)	Tomcat
10	8 (0.39%)	Cloud Foundry
11	7 (0.34%)	JBoss
12	6 (0.30%)	CMS
12	6 (0.30%)	IBM Notes
13	5 (0.25%)	MQSeries
13	5 (0.25%)	nginx
14	3 (0.15%)	Apache Pig
14	3 (0.15%)	GemFire
14	3 (0.15%)	Mule

Applications
1	112 (5.52%)	Microsoft Excel
2	32 (1.58%)	Microsoft Office
3	17 (0.84%)	MS Visio
3	17 (0.84%)	Spreadsheet
4	12 (0.59%)	Microsoft PowerPoint
4	12 (0.59%)	Microsoft Project
5	2 (0.099%)	Photoshop
6	1 (0.049%)	Adobe Illustrator

Business Applications
1	50 (2.46%)	ION MarketView
2	34 (1.68%)	thinkFolio
3	25 (1.23%)	RMDS
4	17 (0.84%)	Endur
5	12 (0.59%)	Global One
6	9 (0.44%)	Bloomberg AIM
7	8 (0.39%)	Markit EDM
8	7 (0.34%)	Actimize
8	7 (0.34%)	Bloomberg TOMS
8	7 (0.34%)	LatentZero
9	5 (0.25%)	Sophis RISQUE
9	5 (0.25%)	Summit
10	4 (0.20%)	FINCAD Analytics
10	4 (0.20%)	Murex MxG2000
11	3 (0.15%)	Kondor
11	3 (0.15%)	Loan IQ
11	3 (0.15%)	Orchestrade
12	2 (0.099%)	Postilion
12	2 (0.099%)	SAP CO
12	2 (0.099%)	SAP FI/CO

Cloud Services
1	38 (1.87%)	Amazon AWS
2	22 (1.08%)	Cloud Computing
3	12 (0.59%)	Microsoft Azure
4	5 (0.25%)	Amazon EC2
5	4 (0.20%)	Amazon ElastiCache
5	4 (0.20%)	AWS Lambda
5	4 (0.20%)	Google Cloud Platform
5	4 (0.20%)	Route 53
6	3 (0.15%)	GitHub
6	3 (0.15%)	PaaS
7	2 (0.099%)	IaaS
8	1 (0.049%)	OpenShift
8	1 (0.049%)	SaaS

Communications & Networking
1	20 (0.99%)	Firewall
2	12 (0.59%)	FIX Connectivity
3	10 (0.49%)	TCP/IP
4	9 (0.44%)	HTTP
5	8 (0.39%)	NAS
5	8 (0.39%)	SAN
6	5 (0.25%)	SSL
7	4 (0.20%)	Internet
8	3 (0.15%)	LAN
8	3 (0.15%)	Network Security
8	3 (0.15%)	VoIP
9	2 (0.099%)	DHCP
9	2 (0.099%)	DNS
9	2 (0.099%)	GGSN
9	2 (0.099%)	GPRS
9	2 (0.099%)	GSM
9	2 (0.099%)	LTE
9	2 (0.099%)	SMTP
9	2 (0.099%)	SNMP
9	2 (0.099%)	UMTS

Database & Business Intelligence
1	236 (11.63%)	SQL Server
2	123 (6.06%)	Relational Database
3	90 (4.44%)	Big Data
4	70 (3.45%)	Hadoop
5	69 (3.40%)	KDB
6	45 (2.22%)	SQL Server Integration Services
7	39 (1.92%)	Tick Data
8	37 (1.82%)	NoSQL
9	34 (1.68%)	RDBMS
10	30 (1.48%)	Oracle Database
11	24 (1.18%)	Data Mart
11	24 (1.18%)	HBase
11	24 (1.18%)	SQL Server 2008
12	22 (1.08%)	Kdb+
12	22 (1.08%)	SQL Server Analysis Services
13	21 (1.03%)	BusinessObjects
13	21 (1.03%)	Data Warehouse
13	21 (1.03%)	MongoDB
14	20 (0.99%)	DB2
15	18 (0.89%)	SQL Server Reporting Services

Development Applications
1	88 (4.34%)	TeamCity
2	75 (3.70%)	Git (software)
3	69 (3.40%)	Subversion
4	51 (2.51%)	JIRA
5	49 (2.41%)	Maven
6	43 (2.12%)	NUnit
7	42 (2.07%)	JUnit
8	30 (1.48%)	Jenkins
9	25 (1.23%)	Team Foundation Server
10	24 (1.18%)	Selenium
11	22 (1.08%)	Mockito
12	21 (1.03%)	Grunt
12	21 (1.03%)	Visual Studio
13	19 (0.94%)	Gradle
14	18 (0.89%)	gulp
14	18 (0.89%)	Sonatype Nexus
15	17 (0.84%)	VSS/SourceSafe
16	16 (0.79%)	webpack
17	9 (0.44%)	Bitbucket
18	8 (0.39%)	Cucumber

General
1	919 (45.29%)	Banking
2	857 (42.24%)	Finance
3	600 (29.57%)	Investment Banking
4	107 (5.27%)	Back Office
5	55 (2.71%)	Financial Institution
6	23 (1.13%)	Marketing
7	22 (1.08%)	Private Banking
8	21 (1.03%)	Legal
9	19 (0.94%)	Retail
10	15 (0.74%)	Advertising
11	11 (0.54%)	Corporate Banking
12	7 (0.34%)	French Language
13	6 (0.30%)	Retail Banking
14	4 (0.20%)	Telecoms
15	3 (0.15%)	General Ledger
16	2 (0.099%)	Games
16	2 (0.099%)	Mandarin Language
16	2 (0.099%)	Prime Brokerage
17	1 (0.049%)	Spanish Language
17	1 (0.049%)	Synthetic Prime Brokerage

Job Titles
1	1262 (62.20%)	Developer
2	469 (23.11%)	Java Developer
3	461 (22.72%)	Analyst
4	318 (15.67%)	Business Analyst
5	316 (15.57%)	Front Office Developer
6	311 (15.33%)	C# Developer
7	180 (8.87%)	Senior Developer
8	143 (7.05%)	Electronic Trading Developer
9	113 (5.57%)	Senior Java Developer
10	108 (5.32%)	Project Manager
11	107 (5.27%)	C++ Developer
12	105 (5.17%)	.NET Developer
13	96 (4.73%)	Front Office Business Analyst
14	92 (4.53%)	Electronic Trading Java Developer
15	90 (4.44%)	C# .NET Developer
15	90 (4.44%)	JavaScript Developer
16	88 (4.34%)	Quantitative Developer
17	87 (4.29%)	MiFID Business Analyst
18	85 (4.19%)	Python Developer
19	83 (4.09%)	SQL Developer

Libraries, Frameworks & Software Standards
1	270 (13.31%)	.NET
2	250 (12.32%)	HTML
3	218 (10.74%)	HTML5
4	177 (8.72%)	AngularJS
5	164 (8.08%)	WPF
6	127 (6.26%)	CSS
7	121 (5.96%)	Spring
8	112 (5.52%)	FIX Protocol
9	102 (5.03%)	React
10	69 (3.40%)	XML
11	66 (3.25%)	REST
12	64 (3.15%)	WCF
13	60 (2.96%)	Node.js
14	54 (2.66%)	JMS
15	47 (2.32%)	Middleware
15	47 (2.32%)	Redux
15	47 (2.32%)	Rendezvous
16	44 (2.17%)	Hibernate
17	42 (2.07%)	Web Services
18	41 (2.02%)	CSS3

Miscellaneous
1	570 (28.09%)	Foreign Exchange (FX)
2	454 (22.38%)	Fixed Income
3	389 (19.17%)	Derivative
4	351 (17.30%)	Equities
5	239 (11.78%)	Analytical Skills
6	131 (6.46%)	Greenfield Project
7	116 (5.72%)	Equity Derivative
8	105 (5.17%)	Computer Science
9	83 (4.09%)	Market Risk
10	70 (3.45%)	Algorithms
11	61 (3.01%)	Hedge funds
12	47 (2.32%)	User Experience
13	45 (2.22%)	Fintech
14	43 (2.12%)	Data Structures
15	42 (2.07%)	Interest Rate Derivative
15	42 (2.07%)	Virtual Team
16	35 (1.72%)	Management Information System
17	31 (1.53%)	Grid Computing
18	30 (1.48%)	Credit Risk
18	30 (1.48%)	OTC Derivatives

Operating Systems
1	222 (10.94%)	Linux
2	216 (10.65%)	Unix
3	144 (7.10%)	Windows
4	23 (1.13%)	Windows Server
5	12 (0.59%)	Windows 7
6	7 (0.34%)	Solaris
7	3 (0.15%)	OS/390
8	2 (0.099%)	Red Hat Enterprise Linux
8	2 (0.099%)	Windows Server 2003
8	2 (0.099%)	Windows Server 2008
8	2 (0.099%)	Windows Vista
9	1 (0.049%)	Android
9	1 (0.049%)	Mac OS
9	1 (0.049%)	Windows 8
9	1 (0.049%)	Windows XP

Processes & Methodologies
1	532 (26.22%)	Agile Software Development
2	397 (19.57%)	Electronic Trading
3	377 (18.58%)	Multithreading
4	297 (14.64%)	Low Latency
5	230 (11.34%)	TDD
6	196 (9.66%)	Risk Management
7	188 (9.27%)	OO
8	165 (8.13%)	Asset Management
9	162 (7.98%)	SDLC
10	151 (7.44%)	Business Analysis
11	148 (7.29%)	Analytics
12	145 (7.15%)	Mathematics
13	132 (6.51%)	Continuous Integration
14	118 (5.82%)	Investment Management
15	111 (5.47%)	Scrum
16	107 (5.27%)	Project Management
17	105 (5.17%)	Stakeholder Management
18	104 (5.13%)	Test Automation
19	94 (4.63%)	Software Engineering
20	82 (4.04%)	Algorithmic Trading

Programming Languages
1	719 (35.44%)	Java
2	506 (24.94%)	C#
3	491 (24.20%)	SQL
4	315 (15.52%)	C++
5	263 (12.96%)	JavaScript
6	226 (11.14%)	Python
7	113 (5.57%)	VBA
8	99 (4.88%)	Scala
9	73 (3.60%)	Perl
10	51 (2.51%)	TypeScript
11	43 (2.12%)	T-SQL
12	37 (1.82%)	Bash Shell
13	36 (1.77%)	ES6
13	36 (1.77%)	Shell Script
13	36 (1.77%)	VB
14	34 (1.68%)	R
15	32 (1.58%)	C
16	29 (1.43%)	XAML
17	27 (1.33%)	PowerShell
18	20 (0.99%)	PL/SQL

Qualifications
1	135 (6.65%)	Degree
2	39 (1.92%)	Computer Science Degree
3	34 (1.68%)	Numerate Degree
4	30 (1.48%)	PhD
4	30 (1.48%)	PMI Certification
5	28 (1.38%)	PMP
6	8 (0.39%)	Master's Degree
7	5 (0.25%)	MBA
7	5 (0.25%)	PRINCE2 Practitioner
8	4 (0.20%)	CFA
8	4 (0.20%)	ITIL Certification
8	4 (0.20%)	Microsoft Certification
9	3 (0.15%)	MCP
10	2 (0.099%)	Postgraduate
11	1 (0.049%)	IIBA
11	1 (0.049%)	ISEB
11	1 (0.049%)	MCSA
11	1 (0.049%)	MCSE
11	1 (0.049%)	MOS
11	1 (0.049%)	PRINCE2 Certification

Quality Assurance & Compliance
1	266 (13.11%)	MiFID
2	59 (2.91%)	QA
3	30 (1.48%)	EMIR
4	26 (1.28%)	Dodd-Frank
5	22 (1.08%)	Data Quality
6	13 (0.64%)	SLA
7	8 (0.39%)	Basel III
8	6 (0.30%)	AIFMD
8	6 (0.30%)	PMO
9	3 (0.15%)	Solvency II
10	2 (0.099%)	Disclosure Scotland
10	2 (0.099%)	SEPA
11	1 (0.049%)	Basel II
11	1 (0.049%)	FATCA
11	1 (0.049%)	GDPR

System Software
1	20 (0.99%)	Docker
2	12 (0.59%)	HDFS
3	9 (0.44%)	Apache ZooKeeper
4	6 (0.30%)	Virtual Desktop
5	5 (0.25%)	Active Directory
6	3 (0.15%)	Platform Symphony
7	2 (0.099%)	Hyper-V
7	2 (0.099%)	Virtual Machines
8	1 (0.049%)	Oracle RAC

Systems Management
1	14 (0.69%)	Control-M
2	10 (0.49%)	Ansible
2	10 (0.49%)	ITRS Geneos
3	7 (0.34%)	Opscode Chef
4	6 (0.30%)	HP Quality Center
5	3 (0.15%)	BMC PATROL
5	3 (0.15%)	Kubernetes
5	3 (0.15%)	Puppet
5	3 (0.15%)	SCCM
5	3 (0.15%)	Tivoli
5	3 (0.15%)	Tivoli NetView
6	2 (0.099%)	Hadoop YARN
6	2 (0.099%)	Terraform
7	1 (0.049%)	Cobbler
7	1 (0.049%)	Mesos
7	1 (0.049%)	Norton AntiVirus
7	1 (0.049%)	Thomson Reuters DACS
7	1 (0.049%)	yum

Vendors
1	218 (10.74%)	Oracle
2	112 (5.52%)	Microsoft
3	110 (5.42%)	Sybase
4	90 (4.44%)	Bloomberg
4	90 (4.44%)	ION Trading
5	88 (4.34%)	TIBCO
6	81 (3.99%)	Murex
7	55 (2.71%)	Reuters
8	39 (1.92%)	Charles River
9	37 (1.82%)	Fidessa
10	27 (1.33%)	Calypso
11	21 (1.03%)	Currenex
11	21 (1.03%)	Sophis
12	13 (0.64%)	Google
12	13 (0.64%)	Solace
13	12 (0.59%)	OpenLink
14	11 (0.54%)	FXall
14	11 (0.54%)	IBM
14	11 (0.54%)	JD Edwards
14	11 (0.54%)	Tradeweb