Front Office Contracts

The table below looks at the prevalence of the term Front Office in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Front Office over the 3 months to 27 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
Location	3 months to 27 Jun 2017	Same period 2016	Same period 2015
Rank	83	180	132
Rank change year-on-year	+97	-48
Contract jobs citing Front Office	1310	746	946
As % of all contract IT jobs advertised in the UK	2.78%	1.38%	1.72%
As % of the General category	7.08%	3.76%	4.33%
Number of daily rates quoted	1013	594	775
Median daily rate	£600	£600	£575
Median daily rate % change year-on-year	-	+4.34%
90% offered a daily rate of more than	£425	£419	£450
10% offered a daily rate of more than	£700	£700	£675
UK excluding London median daily rate	£425	£410	£525
% change year-on-year	+3.65%	-21.90%
Number of hourly rates quoted	5	2	1
Median hourly rate	£13.75	£46.50	£65.00
Median hourly rate % change year-on-year	-70.43%	-28.46%
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 with a requirement for common skills.

General Skills UK
Contract job vacancies with a requirement for common skills	18515	19860	21849
As % of all contract IT job vacancies advertised in the UK	39.30%	36.79%	39.61%
Number of daily rates quoted	12137	13269	14020
Median daily rate	£475	£450	£425
Median daily rate % change year-on-year	+5.55%	+5.88%
90% offered a daily rate of more than	£300	£280	£281
10% offered a daily rate of more than	£643	£630	£613
UK excluding London median daily rate	£415	£400	£400
% change year-on-year	+3.75%	-
Number of hourly rates quoted	415	469	530
Median hourly rate	£27.16	£23.00	£22.50
Median hourly rate % change year-on-year	+18.08%	+2.22%
90% offered a hourly rate of more than	£13.00	£11.00	£11.00
10% offered a hourly rate of more than	£50.00	£47.50	£47.83
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

The job posting trend of jobs advertised 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 the UK

Front Office
Contractor Daily Rate Trend

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

Contractor daily rate trend for Front Office in the UK

Front Office
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Front Office over the 3 months to 27 June 2017.

Contractor daily rate histogram for Front Office in the UK

Front Office
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Front Office in the UK

Front Office
Top 30 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 within the UK over the 3 months to 27 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
England	+99	1234	£600	-	147
London	+47	1209	£600	-	139
City of London	+32	279	£600	-1.07%	49
Northern Ireland	-	67	£420	-
County Antrim	-	57	£420	-
Belfast	-	57	£420	-
Canary Wharf	+11	17	£650	+30.00%
South East	-20	15	£425	-	3
Docklands, London	-	10	£600	-
Berkshire	+3	7	£625	-
Scotland	+2	7	£450	+12.50%	4
Reading	+2	6	-	-
Edinburgh	+17	5	£450	+9.09%	2
Surrey	+9	5	£425	+1.79%
North West	+22	4	£375	-	2
Hampshire	+10	3	£311	-26.82%
Basingstoke	-11	3	£311	-26.82%
Bromley	-	3	£613	-
Liverpool	-	3	£375	-
Merseyside	-	3	£375	-
South West	-	3	£675	-	1
Glasgow	-19	2	-	-	2
Somerset	-	2	£503	-
Camberley	-	2	£485	-
Caterham	-	2	£425	-
Yorkshire	+30	1	-	-
West Yorkshire	+16	1	-	-
East Midlands	-9	1	-	-
Wales	-	1	-	-
West Wales	-	1	-	-

Front Office
Top 30 Co-occurring IT Skills

For the 6 months to 27 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 with a requirement for Front Office.

1	1008 (45.78%)	Banking
2	976 (44.32%)	Finance
3	754 (34.24%)	Java
4	619 (28.11%)	Investment Banking
5	578 (26.25%)	Foreign Exchange (FX)
6	574 (26.07%)	Agile Software Development
7	532 (24.16%)	C#
8	528 (23.98%)	SQL
9	458 (20.80%)	Fixed Income
10	456 (20.71%)	Multithreading
11	430 (19.53%)	Electronic Trading
12	399 (18.12%)	Derivative
13	385 (17.48%)	C++
14	381 (17.30%)	Equities
15	362 (16.44%)	Low Latency

16	305 (13.85%)	Linux
17	298 (13.53%)	Unix
18	286 (12.99%)	.NET
19	277 (12.58%)	Analytical Skills
20	271 (12.31%)	MiFID
21	267 (12.13%)	JavaScript
22	256 (11.63%)	SQL Server
23	253 (11.49%)	HTML
24	246 (11.17%)	TDD
25	234 (10.63%)	Python
26	233 (10.58%)	Oracle
27	221 (10.04%)	OO
27	221 (10.04%)	HTML5
28	199 (9.04%)	Risk Management
29	181 (8.22%)	WPF

Front Office
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
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 (2.63%)	Oracle Coherence
2	41 (1.86%)	Apache Spark
3	19 (0.86%)	Apache
3	19 (0.86%)	IIS
4	16 (0.73%)	DataSynapse
4	16 (0.73%)	Oracle Workflow
5	13 (0.59%)	Elasticsearch
6	12 (0.54%)	Tomcat
6	12 (0.54%)	WebSphere
7	11 (0.50%)	Oracle SOA Suite
7	11 (0.50%)	WebLogic
8	10 (0.45%)	Confluence
9	8 (0.36%)	Cloud Foundry
10	7 (0.32%)	CMS
10	7 (0.32%)	JBoss
11	6 (0.27%)	IBM Notes
12	5 (0.23%)	MQSeries
12	5 (0.23%)	nginx
12	5 (0.23%)	SharePoint
13	4 (0.18%)	Apache Pig

Applications
1	117 (5.31%)	Microsoft Excel
2	34 (1.54%)	Microsoft Office
3	20 (0.91%)	MS Visio
4	17 (0.77%)	Spreadsheet
5	14 (0.64%)	Microsoft PowerPoint
6	12 (0.54%)	Microsoft Project
7	2 (0.091%)	Photoshop
8	1 (0.045%)	Adobe Illustrator

Business Applications
1	50 (2.27%)	ION MarketView
2	35 (1.59%)	thinkFolio
3	25 (1.14%)	RMDS
4	17 (0.77%)	Endur
5	12 (0.54%)	Global One
6	9 (0.41%)	Bloomberg AIM
7	8 (0.36%)	Markit EDM
8	7 (0.32%)	Actimize
8	7 (0.32%)	Bloomberg TOMS
8	7 (0.32%)	LatentZero
9	5 (0.23%)	Sophis RISQUE
9	5 (0.23%)	Summit
10	4 (0.18%)	FINCAD Analytics
10	4 (0.18%)	Murex MxG2000
11	3 (0.14%)	Kondor
11	3 (0.14%)	Loan IQ
11	3 (0.14%)	Oracle EBS R12
11	3 (0.14%)	Orchestrade
12	2 (0.091%)	IntelliMatch
12	2 (0.091%)	Postilion

Cloud Services
1	38 (1.73%)	Amazon AWS
2	22 (1.00%)	Cloud Computing
3	14 (0.64%)	Microsoft Azure
4	5 (0.23%)	Amazon EC2
5	4 (0.18%)	Amazon ElastiCache
5	4 (0.18%)	AWS Lambda
5	4 (0.18%)	Google Cloud Platform
5	4 (0.18%)	Route 53
6	3 (0.14%)	GitHub
6	3 (0.14%)	IBM Blueworks
6	3 (0.14%)	PaaS
7	2 (0.091%)	Boomi
7	2 (0.091%)	IaaS
8	1 (0.045%)	Office 365
8	1 (0.045%)	OpenShift
8	1 (0.045%)	SaaS
8	1 (0.045%)	SuccessFactors

Communications & Networking
1	20 (0.91%)	Firewall
2	15 (0.68%)	TCP/IP
3	12 (0.54%)	FIX Connectivity
4	9 (0.41%)	HTTP
5	8 (0.36%)	NAS
5	8 (0.36%)	SAN
6	5 (0.23%)	SSL
7	4 (0.18%)	Internet
8	3 (0.14%)	Diameter Protocol
8	3 (0.14%)	LAN
8	3 (0.14%)	Network Security
8	3 (0.14%)	VoIP
9	2 (0.091%)	DHCP
9	2 (0.091%)	FTP
9	2 (0.091%)	GGSN
9	2 (0.091%)	GPRS
9	2 (0.091%)	GSM
9	2 (0.091%)	LTE
9	2 (0.091%)	SMTP
9	2 (0.091%)	UMTS

Database & Business Intelligence
1	256 (11.63%)	SQL Server
2	152 (6.90%)	Relational Database
3	95 (4.31%)	Big Data
4	73 (3.32%)	KDB
5	72 (3.27%)	Hadoop
6	47 (2.13%)	SQL Server Integration Services
7	40 (1.82%)	Tick Data
8	37 (1.68%)	NoSQL
9	35 (1.59%)	RDBMS
10	30 (1.36%)	Oracle Database
11	27 (1.23%)	SQL Server 2008
12	25 (1.14%)	HBase
13	24 (1.09%)	Data Mart
14	23 (1.04%)	Data Warehouse
15	22 (1.00%)	Kdb+
15	22 (1.00%)	SQL Server Analysis Services
16	21 (0.95%)	BusinessObjects
16	21 (0.95%)	MongoDB
17	20 (0.91%)	DB2
18	17 (0.77%)	MS Access

Development Applications
1	88 (4.00%)	TeamCity
2	75 (3.41%)	Git (software)
3	69 (3.13%)	Subversion
4	51 (2.32%)	JIRA
5	49 (2.23%)	Maven
6	43 (1.95%)	NUnit
7	42 (1.91%)	JUnit
8	30 (1.36%)	Jenkins
8	30 (1.36%)	Visual Studio
9	24 (1.09%)	Selenium
9	24 (1.09%)	Team Foundation Server
10	22 (1.00%)	Mockito
11	21 (0.95%)	Grunt
12	19 (0.86%)	Gradle
13	18 (0.82%)	gulp
13	18 (0.82%)	Sonatype Nexus
14	17 (0.77%)	VSS/SourceSafe
15	16 (0.73%)	webpack
16	9 (0.41%)	Bitbucket
17	8 (0.36%)	Cucumber

General
1	1008 (45.78%)	Banking
2	976 (44.32%)	Finance
3	619 (28.11%)	Investment Banking
4	127 (5.77%)	Back Office
5	56 (2.54%)	Financial Institution
6	23 (1.04%)	Marketing
7	22 (1.00%)	Legal
7	22 (1.00%)	Private Banking
8	19 (0.86%)	Retail
9	15 (0.68%)	Advertising
10	11 (0.50%)	Corporate Banking
11	7 (0.32%)	Telecoms
12	6 (0.27%)	French Language
12	6 (0.27%)	Retail Banking
13	5 (0.23%)	General Ledger
14	3 (0.14%)	Games
15	2 (0.091%)	Mandarin Language
15	2 (0.091%)	Manufacturing
15	2 (0.091%)	Prime Brokerage
16	1 (0.045%)	Synthetic Prime Brokerage

Job Titles
1	1378 (62.58%)	Developer
2	499 (22.66%)	Java Developer
3	484 (21.98%)	Analyst
4	330 (14.99%)	C# Developer
4	330 (14.99%)	Front Office Developer
5	327 (14.85%)	Business Analyst
6	213 (9.67%)	Senior Developer
7	170 (7.72%)	Electronic Trading Developer
8	167 (7.58%)	C++ Developer
9	129 (5.86%)	Senior Java Developer
10	113 (5.13%)	Project Manager
11	110 (5.00%)	.NET Developer
12	96 (4.36%)	Front Office Business Analyst
13	94 (4.27%)	C# .NET Developer
14	92 (4.18%)	Electronic Trading Java Developer
14	92 (4.18%)	JavaScript Developer
15	89 (4.04%)	Quantitative Developer
16	87 (3.95%)	Python Developer
17	86 (3.91%)	MiFID Business Analyst
17	86 (3.91%)	SQL Developer

Libraries, Frameworks & Software Standards
1	286 (12.99%)	.NET
2	253 (11.49%)	HTML
3	221 (10.04%)	HTML5
4	181 (8.22%)	WPF
5	179 (8.13%)	AngularJS
6	166 (7.54%)	FIX Protocol
7	127 (5.77%)	CSS
8	122 (5.54%)	Spring
9	102 (4.63%)	React
10	75 (3.41%)	WCF
11	71 (3.22%)	XML
12	67 (3.04%)	REST
13	60 (2.72%)	Node.js
14	54 (2.45%)	JMS
15	53 (2.41%)	Web Services
16	47 (2.13%)	Middleware
16	47 (2.13%)	Redux
16	47 (2.13%)	Rendezvous
17	44 (2.00%)	.NET Framework
17	44 (2.00%)	Hibernate

Miscellaneous
1	578 (26.25%)	Foreign Exchange (FX)
2	458 (20.80%)	Fixed Income
3	399 (18.12%)	Derivative
4	381 (17.30%)	Equities
5	277 (12.58%)	Analytical Skills
6	138 (6.27%)	Greenfield Project
7	121 (5.50%)	Equity Derivative
8	108 (4.90%)	Computer Science
9	85 (3.86%)	Market Risk
10	84 (3.81%)	Algorithms
11	60 (2.72%)	Hedge funds
12	57 (2.59%)	Virtual Team
13	47 (2.13%)	User Experience
14	46 (2.09%)	Data Structures
15	45 (2.04%)	Fintech
16	42 (1.91%)	Interest Rate Derivative
17	35 (1.59%)	Management Information System
18	33 (1.50%)	OTC Derivatives
19	31 (1.41%)	Credit Risk
19	31 (1.41%)	Grid Computing

Operating Systems
1	305 (13.85%)	Linux
2	298 (13.53%)	Unix
3	160 (7.27%)	Windows
4	26 (1.18%)	Windows Server
5	15 (0.68%)	Windows 7
6	7 (0.32%)	Solaris
7	3 (0.14%)	OS/390
8	2 (0.091%)	Android
8	2 (0.091%)	Red Hat Enterprise Linux
8	2 (0.091%)	Windows Server 2003
8	2 (0.091%)	Windows Server 2008
8	2 (0.091%)	Windows Server 2012
8	2 (0.091%)	Windows Vista
9	1 (0.045%)	HPUX
9	1 (0.045%)	Mac OS
9	1 (0.045%)	Windows 8
9	1 (0.045%)	Windows XP

Processes & Methodologies
1	574 (26.07%)	Agile Software Development
2	456 (20.71%)	Multithreading
3	430 (19.53%)	Electronic Trading
4	362 (16.44%)	Low Latency
5	246 (11.17%)	TDD
6	221 (10.04%)	OO
7	199 (9.04%)	Risk Management
8	174 (7.90%)	Asset Management
9	165 (7.49%)	SDLC
10	157 (7.13%)	Business Analysis
11	154 (6.99%)	Analytics
11	154 (6.99%)	Continuous Integration
12	145 (6.58%)	Mathematics
13	123 (5.59%)	Scrum
14	117 (5.31%)	Investment Management
15	113 (5.13%)	Project Management
16	109 (4.95%)	Stakeholder Management
17	107 (4.86%)	Test Automation
18	104 (4.72%)	Software Engineering
19	99 (4.50%)	OOP

Programming Languages
1	754 (34.24%)	Java
2	532 (24.16%)	C#
3	528 (23.98%)	SQL
4	385 (17.48%)	C++
5	267 (12.13%)	JavaScript
6	234 (10.63%)	Python
7	114 (5.18%)	VBA
8	102 (4.63%)	Scala
9	76 (3.45%)	Perl
10	52 (2.36%)	TypeScript
11	45 (2.04%)	T-SQL
12	39 (1.77%)	C
13	37 (1.68%)	Bash Shell
13	37 (1.68%)	Shell Script
14	36 (1.63%)	ES6
14	36 (1.63%)	R
14	36 (1.63%)	VB
15	30 (1.36%)	PL/SQL
16	29 (1.32%)	XAML
17	27 (1.23%)	PowerShell

Qualifications
1	148 (6.72%)	Degree
2	50 (2.27%)	Computer Science Degree
3	34 (1.54%)	Numerate Degree
4	30 (1.36%)	PhD
4	30 (1.36%)	PMI Certification
5	28 (1.27%)	PMP
6	8 (0.36%)	Master's Degree
7	6 (0.27%)	ITIL Certification
8	5 (0.23%)	MBA
8	5 (0.23%)	PRINCE2 Practitioner
9	4 (0.18%)	CFA
9	4 (0.18%)	Microsoft Certification
10	3 (0.14%)	MCP
11	2 (0.091%)	Postgraduate
12	1 (0.045%)	ISEB
12	1 (0.045%)	MCSA
12	1 (0.045%)	MCSE
12	1 (0.045%)	MOS
12	1 (0.045%)	PRINCE2 Certification
12	1 (0.045%)	SC Cleared

Quality Assurance & Compliance
1	271 (12.31%)	MiFID
2	61 (2.77%)	QA
3	31 (1.41%)	EMIR
4	26 (1.18%)	Dodd-Frank
5	22 (1.00%)	Data Quality
6	14 (0.64%)	SLA
7	9 (0.41%)	Basel III
8	7 (0.32%)	PMO
9	6 (0.27%)	AIFMD
10	3 (0.14%)	Solvency II
11	2 (0.091%)	Disclosure Scotland
11	2 (0.091%)	SEPA
12	1 (0.045%)	Basel II
12	1 (0.045%)	FATCA
12	1 (0.045%)	GDPR

System Software
1	21 (0.95%)	Docker
2	12 (0.54%)	HDFS
3	9 (0.41%)	Apache ZooKeeper
4	7 (0.32%)	Active Directory
5	6 (0.27%)	Virtual Desktop
6	3 (0.14%)	Platform Symphony
7	2 (0.091%)	Hyper-V
7	2 (0.091%)	Virtual Machines
8	1 (0.045%)	Oracle RAC

Systems Management
1	14 (0.64%)	Control-M
2	10 (0.45%)	Ansible
2	10 (0.45%)	ITRS Geneos
3	7 (0.32%)	Opscode Chef
4	6 (0.27%)	HP Quality Center
5	4 (0.18%)	SCCM
6	3 (0.14%)	BMC PATROL
6	3 (0.14%)	Kubernetes
6	3 (0.14%)	Puppet
6	3 (0.14%)	Tivoli
6	3 (0.14%)	Tivoli NetView
7	2 (0.091%)	Hadoop YARN
7	2 (0.091%)	Terraform
8	1 (0.045%)	Cobbler
8	1 (0.045%)	Mesos
8	1 (0.045%)	NetBackup
8	1 (0.045%)	Norton AntiVirus
8	1 (0.045%)	Thomson Reuters DACS
8	1 (0.045%)	yum

Vendors
1	233 (10.58%)	Oracle
2	122 (5.54%)	Sybase
3	119 (5.40%)	Microsoft
4	93 (4.22%)	Bloomberg
5	90 (4.09%)	ION Trading
6	88 (4.00%)	TIBCO
7	81 (3.68%)	Murex
8	56 (2.54%)	Reuters
9	39 (1.77%)	Charles River
10	36 (1.63%)	Fidessa
11	27 (1.23%)	Calypso
12	23 (1.04%)	Sophis
13	21 (0.95%)	Currenex
14	14 (0.64%)	IBM
14	14 (0.64%)	Solace
15	13 (0.59%)	Google
15	13 (0.59%)	JD Edwards
16	12 (0.54%)	FXall
16	12 (0.54%)	OpenLink
17	11 (0.50%)	SAP