Period
to 20 November 2017

The median contractor rate for a Front Office Developer was £625 per day in advertised job vacancies during the 6 months to 20 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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 Developer
UK
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 487 757 654
Rank change year-on-year +270 -103 -9
Contract jobs requiring a Front Office Developer 437 131 233
As % of all contract IT jobs advertised in the UK 0.43% 0.13% 0.20%
As % of the Job Titles category 0.45% 0.13% 0.21%
Number of daily rates quoted 381 115 198
UK median daily rate £625 £610 £600
Median daily rate % change year-on-year +2.46% +1.67% -
10th Percentile £519 £505 £500
90th Percentile £750 £713 £688
UK excluding London median daily rate £413 £400 -
% change year-on-year +3.13% - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 96939 98568 108531
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 63924 64295 69051
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2896 3271 4142
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Front Office Developer
Job Vacancy Trend

Job postings that featured Front Office Developer in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Front Office Developer in the UK

Front Office Developer
Contractor Daily Rate Trend

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

Contractor daily rate trend for Front Office Developer in the UK

Front Office Developer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Front Office Developer over the 6 months to 20 November 2017.

Contractor daily rate histogram for Front Office Developer in the UK

Front Office Developer
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Front Office Developer in the UK

Front Office Developer
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Front Office Developer within the UK over the 6 months to 20 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +279 425 £625 +1.21% 12
London +201 424 £625 +1.21% 11
UK excluding London +49 13 £413 +3.13% 1
Northern Ireland - 9 £413 -
Scotland -11 3 - -
South East - 1 - - 1

Front Office Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 20 November 2017, Front Office Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Front Office Developer in the job title.

1 437 (100.00%) Front Office
2 232 (53.09%) Java
3 219 (50.11%) Banking
4 190 (43.48%) C#
5 181 (41.42%) Finance
6 162 (37.07%) Multithreading
7 125 (28.60%) Foreign Exchange (FX)
8 109 (24.94%) Agile Software Development
8 109 (24.94%) Investment Banking
9 105 (24.03%) Equities
10 103 (23.57%) Fixed Income
11 101 (23.11%) Derivative
12 90 (20.59%) C++
13 89 (20.37%) .NET
14 83 (18.99%) Electronic Trading
15 77 (17.62%) Low Latency
16 75 (17.16%) Python
17 67 (15.33%) SQL
18 65 (14.87%) WPF
19 63 (14.42%) Analytics
20 61 (13.96%) Relational Database
21 58 (13.27%) Analytical Skills
21 58 (13.27%) Risk Management
22 57 (13.04%) Microsoft Excel
22 57 (13.04%) RDBMS
23 54 (12.36%) VBA
24 52 (11.90%) SQL Server
24 52 (11.90%) SDLC
25 49 (11.21%) Equity Derivative
26 48 (10.98%) OO

Front Office Developer Skill Set
Co-occurring IT Skills 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 17 (3.89%) Oracle Coherence
2 11 (2.52%) CMS
3 6 (1.37%) Apache
3 6 (1.37%) Cloud Foundry
3 6 (1.37%) GemFire
4 4 (0.92%) WebSphere
5 1 (0.23%) MQSeries
Applications
1 57 (13.04%) Microsoft Excel
2 16 (3.66%) Spreadsheet
Business Applications
1 5 (1.14%) RMDS
2 2 (0.46%) ION MarketView
2 2 (0.46%) Orchestrade
3 1 (0.23%) Bloomberg TOMS
3 1 (0.23%) Kondor
Cloud Services
1 16 (3.66%) Cloud Computing
2 7 (1.60%) Amazon AWS
3 6 (1.37%) Microsoft Azure
Communications & Networking
1 1 (0.23%) FIX Connectivity
1 1 (0.23%) SSH
Database & Business Intelligence
1 61 (13.96%) Relational Database
2 57 (13.04%) RDBMS
3 52 (11.90%) SQL Server
4 23 (5.26%) KDB
5 13 (2.97%) Tick Data
6 10 (2.29%) Hadoop
7 7 (1.60%) NoSQL
8 6 (1.37%) HBase
9 5 (1.14%) Blockchain
9 5 (1.14%) SQLite
10 4 (0.92%) SQL Server 2008
10 4 (0.92%) Sybase ASE
11 3 (0.69%) MS Access
11 3 (0.69%) Oracle Database
11 3 (0.69%) SQL Server Analysis Services
11 3 (0.69%) SQL Server Integration Services
11 3 (0.69%) SQL Server Reporting Services
12 2 (0.46%) DTS
12 2 (0.46%) InterSystems Cache
13 1 (0.23%) Sybase IQ
Development Applications
1 8 (1.83%) TeamCity
2 7 (1.60%) Git (software)
3 5 (1.14%) Maven
4 4 (0.92%) Cucumber
4 4 (0.92%) Eclipse
4 4 (0.92%) Gradle
4 4 (0.92%) Robot Framework
4 4 (0.92%) Subversion
5 2 (0.46%) Team Foundation Server
6 1 (0.23%) JIRA
6 1 (0.23%) JUnit
6 1 (0.23%) Mockito
6 1 (0.23%) NuGet
6 1 (0.23%) Visual Studio
General
1 437 (100.00%) Front Office
2 219 (50.11%) Banking
3 181 (41.42%) Finance
4 109 (24.94%) Investment Banking
5 4 (0.92%) Telecoms
6 3 (0.69%) Back Office
7 2 (0.46%) Financial Institution
7 2 (0.46%) Pharmaceutical
7 2 (0.46%) Retail
8 1 (0.23%) Advertising
8 1 (0.23%) French Language
8 1 (0.23%) Marketing
Libraries, Frameworks & Software Standards
1 89 (20.37%) .NET
2 65 (14.87%) WPF
3 45 (10.30%) FIX Protocol
4 32 (7.32%) HTML
5 31 (7.09%) Spring
6 26 (5.95%) XML
7 24 (5.49%) JMS
8 18 (4.12%) HTML5
8 18 (4.12%) WinForms
9 17 (3.89%) .NET Framework
10 15 (3.43%) AngularJS
10 15 (3.43%) CSS
11 14 (3.20%) Kafka
11 14 (3.20%) WCF
12 12 (2.75%) Web Services
13 11 (2.52%) Boost C++ Libraries
13 11 (2.52%) STL
14 9 (2.06%) TIBCO EMS
15 8 (1.83%) Node.js
15 8 (1.83%) REST
Miscellaneous
1 125 (28.60%) Foreign Exchange (FX)
2 105 (24.03%) Equities
3 103 (23.57%) Fixed Income
4 101 (23.11%) Derivative
5 58 (13.27%) Analytical Skills
6 49 (11.21%) Equity Derivative
7 38 (8.70%) Computer Science
8 22 (5.03%) Data Structures
9 18 (4.12%) Market Risk
10 17 (3.89%) Interest Rate Derivative
11 14 (3.20%) Grid Computing
11 14 (3.20%) Hedge funds
12 13 (2.97%) Credit Risk
12 13 (2.97%) Swaptions
13 11 (2.52%) Greenfield Project
14 9 (2.06%) Fintech
15 5 (1.14%) Algorithms
16 4 (0.92%) Credit Derivative
16 4 (0.92%) User Experience
17 2 (0.46%) Clustering
Operating Systems
1 35 (8.01%) Linux
2 32 (7.32%) Unix
3 22 (5.03%) Windows
4 11 (2.52%) Windows 7
5 4 (0.92%) Windows Server
6 1 (0.23%) Red Hat Enterprise Linux
Processes & Methodologies
1 162 (37.07%) Multithreading
2 109 (24.94%) Agile Software Development
3 83 (18.99%) Electronic Trading
4 77 (17.62%) Low Latency
5 63 (14.42%) Analytics
6 58 (13.27%) Risk Management
7 52 (11.90%) SDLC
8 48 (10.98%) OO
9 46 (10.53%) Concurrent Programming
10 43 (9.84%) Mathematics
10 43 (9.84%) TDD
11 30 (6.86%) Algorithmic Trading
12 27 (6.18%) Quantitative Research
13 26 (5.95%) Continuous Integration
13 26 (5.95%) RAD
14 23 (5.26%) Multithreaded Programming
15 20 (4.58%) MVVM
16 18 (4.12%) OOP
17 16 (3.66%) Asset Management
18 14 (3.20%) Integration Testing
Programming Languages
1 232 (53.09%) Java
2 190 (43.48%) C#
3 90 (20.59%) C++
4 75 (17.16%) Python
5 67 (15.33%) SQL
6 54 (12.36%) VBA
7 30 (6.86%) JavaScript
8 21 (4.81%) Scala
9 7 (1.60%) C
10 6 (1.37%) Shell Script
11 4 (0.92%) Tcl
11 4 (0.92%) T-SQL
12 3 (0.69%) Perl
12 3 (0.69%) R
12 3 (0.69%) TypeScript
13 2 (0.46%) F#
13 2 (0.46%) XAML
14 1 (0.23%) PL/SQL
14 1 (0.23%) VB
14 1 (0.23%) VBScript
Qualifications
1 25 (5.72%) Degree
2 11 (2.52%) Computer Science Degree
3 9 (2.06%) Numerate Degree
4 3 (0.69%) PhD
5 1 (0.23%) A+ Certification
Quality Assurance & Compliance
1 12 (2.75%) MiFID
2 2 (0.46%) Data Quality
3 1 (0.23%) Dodd-Frank
3 1 (0.23%) EMIR
3 1 (0.23%) Sarbanes-Oxley
3 1 (0.23%) SLA
System Software
1 14 (3.20%) Docker
Systems Management
1 1 (0.23%) HP Quality Center
Vendors
1 44 (10.07%) Oracle
2 38 (8.70%) TIBCO
3 26 (5.95%) Microsoft
4 21 (4.81%) Fidessa
5 19 (4.35%) Bloomberg
5 19 (4.35%) Sybase
6 11 (2.52%) Reuters
7 10 (2.29%) Murex
7 10 (2.29%) Solace
8 6 (1.37%) IBM
8 6 (1.37%) ION Trading
9 4 (0.92%) DevExpress
10 2 (0.46%) Informatica
10 2 (0.46%) Infragistics
11 1 (0.23%) Perforce
11 1 (0.23%) Salesforce.com
11 1 (0.23%) StreamBase
11 1 (0.23%) Tableau