The table below looks at the prevalence of the term Front Office in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Front Office over the 3 months to 24 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
UK / Scotland
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 105 118 107
Rank change year-on-year +13 -11  
Contract jobs citing Front Office 7 39 30
As % of all contract IT jobs advertised in Scotland 0.33% 1.33% 0.98%
As % of the General category 0.77% 3.03% 1.84%
Number of daily rates quoted 3 31 12
Median daily rate £450 £400 £413
Median daily rate % change year-on-year +12.50% -3.03%  
UK excluding London median daily rate £425 £405 £513
% change year-on-year +4.93% -20.97%  
Number of hourly rates quoted 0 0 1
Median hourly rate - - £65.00
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 Scotland with a requirement for common skills.

General Skills
Scotland
Contract job vacancies with a requirement for common skills 907 1288 1632
As % of all contract IT job vacancies advertised in Scotland 42.30% 43.91% 53.58%
Number of daily rates quoted 489 698 826
Median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.66%  
90% offered a daily rate of more than £250 £268 £280
10% offered a daily rate of more than £581 £500 £475
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 17 9 29
Median hourly rate £28.75 £9.88 £30.00
Median hourly rate % change year-on-year +191.13% -67.08%  
90% offered a hourly rate of more than £10.60 £9.88 £10.18
10% offered a hourly rate of more than £43.25 £13.60 £49.40
UK excluding London median hourly rate £30.00 £24.38 £22.67
% change year-on-year +23.07% +7.54%  

Front Office
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland 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 Scotland

Front Office
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Front Office in Scotland

Front Office
Contractor Hourly Rate Trend in Scotland

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

Contractor hourly rate trend for Front Office in Scotland

Front Office
Contract Job Locations in Scotland

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 Scotland region over the 3 months to 24 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
Edinburgh +13 5 £450 +9.09% 2
Glasgow -24 2 - - 2
Front Office
UK

For the 6 months to 24 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 Scotland region with a requirement for Front Office.

1 10 (76.92%) Asset Management
2 3 (23.08%) MiFID
2 3 (23.08%) Derivative
2 3 (23.08%) Fixed Income
3 2 (15.38%) Stakeholder Engagement
3 2 (15.38%) Analytical Skills
3 2 (15.38%) Service Delivery
3 2 (15.38%) Software Engineering
3 2 (15.38%) Stakeholder Management
3 2 (15.38%) Perl
3 2 (15.38%) SQL
3 2 (15.38%) Unix
3 2 (15.38%) Linux
3 2 (15.38%) Foreign Exchange (FX)
4 1 (7.69%) Bloomberg
4 1 (7.69%) Charles River
4 1 (7.69%) Project Management
4 1 (7.69%) OO
4 1 (7.69%) OOD
4 1 (7.69%) RDBMS
4 1 (7.69%) C++
4 1 (7.69%) Java
4 1 (7.69%) Banking
4 1 (7.69%) Business Analysis
4 1 (7.69%) Spring
4 1 (7.69%) Investment Banking
4 1 (7.69%) Back Office
4 1 (7.69%) Risk Management
4 1 (7.69%) Finance
4 1 (7.69%) Legal

Front Office
Co-occurring IT Skills in Scotland 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:

Business Applications
1 1 (7.69%) Bloomberg AIM
1 1 (7.69%) thinkFolio
Database & Business Intelligence
1 1 (7.69%) RDBMS
1 1 (7.69%) Relational Database
General
1 1 (7.69%) Back Office
1 1 (7.69%) Banking
1 1 (7.69%) Finance
1 1 (7.69%) Investment Banking
1 1 (7.69%) Legal
Job Titles
1 8 (61.54%) Analyst
2 6 (46.15%) Business Analyst
3 4 (30.77%) Senior Analyst
3 4 (30.77%) Senior Business Analyst
4 2 (15.38%) Developer
4 2 (15.38%) Operations Analyst
5 1 (7.69%) Architect
5 1 (7.69%) Asset Management Analyst
5 1 (7.69%) Asset Management Business Analyst
5 1 (7.69%) Charles River Business Analyst
5 1 (7.69%) Derivatives Business Analyst
5 1 (7.69%) Front Office C++ Developer
5 1 (7.69%) Front Office Developer
5 1 (7.69%) Market Risk Business Analyst
5 1 (7.69%) MiFID Programme Manager
5 1 (7.69%) Programme Manager
5 1 (7.69%) Project Manager
5 1 (7.69%) Risk Analyst
5 1 (7.69%) Risk Business Analyst
5 1 (7.69%) Senior Architect
Libraries, Frameworks & Software Standards
1 1 (7.69%) Spring
Miscellaneous
1 3 (23.08%) Derivative
1 3 (23.08%) Fixed Income
2 2 (15.38%) Analytical Skills
2 2 (15.38%) Foreign Exchange (FX)
3 1 (7.69%) Equities
3 1 (7.69%) Equity Derivative
3 1 (7.69%) Greenfield Project
3 1 (7.69%) Market Risk
3 1 (7.69%) OTC Derivatives
Operating Systems
1 2 (15.38%) Linux
1 2 (15.38%) Unix
Processes & Methodologies
1 10 (76.92%) Asset Management
2 2 (15.38%) Service Delivery
2 2 (15.38%) Software Engineering
2 2 (15.38%) Stakeholder Engagement
2 2 (15.38%) Stakeholder Management
3 1 (7.69%) Business Analysis
3 1 (7.69%) Investment Management
3 1 (7.69%) Multithreading
3 1 (7.69%) OO
3 1 (7.69%) OOD
3 1 (7.69%) Project Management
3 1 (7.69%) Risk Management
3 1 (7.69%) Target Operating Model
3 1 (7.69%) User Acceptance Testing
Programming Languages
1 2 (15.38%) Perl
1 2 (15.38%) SQL
2 1 (7.69%) C++
2 1 (7.69%) Java
Quality Assurance & Compliance
1 3 (23.08%) MiFID
Vendors
1 1 (7.69%) Bloomberg
1 1 (7.69%) Charles River