Period
to 17 October 2019

The table below looks at the prevalence of the term Hedge funds in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 17 October 2019 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
UK
6 months to
17 Oct 2019
Same period 2018 Same period 2017
Rank 419 563 570
Rank change year-on-year +144 +7 +41
Contract jobs citing Hedge funds 446 365 317
As % of all contract IT jobs advertised in the UK 0.52% 0.35% 0.32%
As % of the Miscellaneous category 1.68% 1.09% 0.96%
Number of daily rates quoted 391 293 185
UK median daily rate £600 £600 £600
10th Percentile £450 £425 £396
90th Percentile £800 £825 £707
UK excluding London median daily rate £550 £525 £400
% change year-on-year +4.76% +31.25% -27.27%
Number of hourly rates quoted 0 1 0
UK median hourly rate - £16.50 -
UK excluding London median hourly rate - - -

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 26,603 33,535 32,878
As % of all contract IT jobs advertised in the UK 31.26% 32.50% 33.11%
Number of daily rates quoted 16,880 21,742 21,500
UK median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +5.88%
10th Percentile £263 £273 £263
90th Percentile £669 £656 £650
UK excluding London median daily rate £425 £420 £400
% change year-on-year +1.19% +5.00% +3.23%
Number of hourly rates quoted 1,040 1,053 1,015
UK median hourly rate £21.53 £20.00 £20.00
Median hourly rate % change year-on-year +7.65% - -
10th Percentile £11.60 £12.23 £11.25
90th Percentile £53.75 £50.00 £48.75
UK excluding London median hourly rate £20.50 £19.00 £20.00
% change year-on-year +7.89% -5.00% -3.98%

Hedge funds
Job Vacancy Trend

Job postings citing Hedge funds as a percentage of all IT jobs advertised.

Job vacancy trend for Hedge funds in the UK

Hedge funds
Contractor Daily Rate Trend

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

Contractor daily rate trend for Hedge funds in the UK

Hedge funds
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Hedge funds over the 6 months to 17 October 2019.

Contractor daily rate histogram for Hedge funds in the UK

Hedge funds
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Hedge funds in the UK

Hedge funds
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Hedge funds within the UK over the 6 months to 17 October 2019. 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 +129 445 £600 - 122
London +100 427 £625 +4.17% 118
UK excluding London +73 19 £550 +4.76% 5
East Midlands - 12 £550 - 1
Midlands - 12 £550 - 1
North West +28 3 £175 -68.18%
North of England +28 3 £175 -66.67% 3
South West - 3 £550 -
Scotland +26 1 - -

For the 6 months to 17 October 2019, 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 with a requirement for Hedge funds.

1 299 (67.04%) Finance
2 175 (39.24%) C#
3 139 (31.17%) React
4 131 (29.37%) Front Office
5 116 (26.01%) .NET
6 112 (25.11%) SQL Server
6 112 (25.11%) JavaScript
7 107 (23.99%) Python
7 107 (23.99%) Agile Software Development
8 106 (23.77%) AngularJS
9 98 (21.97%) Financial Institution
9 98 (21.97%) SQL
10 91 (20.40%) HTML
10 91 (20.40%) Greenfield Project
11 88 (19.73%) TDD
12 86 (19.28%) CSS
13 75 (16.82%) AWS
14 73 (16.37%) Equities
15 69 (15.47%) OO
16 65 (14.57%) Computer Science
17 64 (14.35%) Continuous Integration
18 63 (14.13%) Microsoft
19 62 (13.90%) Analytics
20 60 (13.45%) Analytical Skills
20 60 (13.45%) Azure
21 56 (12.56%) Degree
21 56 (12.56%) Foreign Exchange (FX)
22 54 (12.11%) Microservices
23 53 (11.88%) Java
24 52 (11.66%) OOP

Hedge funds
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 16 (3.59%) Apache Spark
2 7 (1.57%) Apache
3 6 (1.35%) MS Exchange
4 4 (0.90%) Exchange Server 2010
4 4 (0.90%) Oracle Coherence
4 4 (0.90%) SharePoint
5 2 (0.45%) CMS
6 1 (0.22%) Apache Airflow
6 1 (0.22%) BizTalk Server
6 1 (0.22%) Confluence
6 1 (0.22%) Elasticsearch
6 1 (0.22%) NetWeaver
6 1 (0.22%) Oracle Workflow
6 1 (0.22%) Skype for Business
Applications
1 10 (2.24%) Microsoft Excel
2 5 (1.12%) Microsoft Office
3 4 (0.90%) Microsoft PowerPoint
4 3 (0.67%) MS Visio
5 2 (0.45%) Microsoft Project
5 2 (0.45%) Snagit
Business Applications
1 23 (5.16%) FINCAD Analytics
2 8 (1.79%) SAP BPC
2 8 (1.79%) SAP CO
2 8 (1.79%) SAP FI
2 8 (1.79%) SAP FI/CO
3 7 (1.57%) SAP S/4HANA
4 3 (0.67%) Eikon
5 2 (0.45%) Oracle Financials
5 2 (0.45%) PeopleSoft Financials
6 1 (0.22%) Beauchamp
6 1 (0.22%) RMDS
Cloud Services
1 75 (16.82%) AWS
2 60 (13.45%) Azure
3 26 (5.83%) Power Platform
4 25 (5.61%) GCP
4 25 (5.61%) Office 365
5 19 (4.26%) Amazon S3
6 10 (2.24%) Amazon EC2
7 9 (2.02%) Amazon ELB
8 8 (1.79%) AWS Lambda
8 8 (1.79%) Serverless
9 7 (1.57%) Amazon SQS
10 5 (1.12%) Amazon ECS
10 5 (1.12%) AWS Elastic Beanstalk
10 5 (1.12%) AWS OpsWorks
10 5 (1.12%) npm
11 4 (0.90%) AWS CloudFormation
12 3 (0.67%) Azure Active Directory
12 3 (0.67%) Cloud Computing
12 3 (0.67%) PaaS
13 2 (0.45%) Amazon EMR
Communications & Networking
1 17 (3.81%) Firewall
2 12 (2.69%) VPN
2 12 (2.69%) WAN
3 9 (2.02%) BGP
3 9 (2.02%) Multicast
4 7 (1.57%) LAN
4 7 (1.57%) OSPF
5 6 (1.35%) DHCP
5 6 (1.35%) MPLS
6 5 (1.12%) EIGRP
6 5 (1.12%) Junos
6 5 (1.12%) VPLS
7 4 (0.90%) DNS
7 4 (0.90%) RIP
8 3 (0.67%) VoIP
9 2 (0.45%) DMZ
9 2 (0.45%) HTTP
9 2 (0.45%) Internet
9 2 (0.45%) SAN
9 2 (0.45%) Wireless
Database & Business Intelligence
1 112 (25.11%) SQL Server
2 32 (7.17%) NoSQL
3 26 (5.83%) Power BI
4 25 (5.61%) SQL Server Analysis Services
5 24 (5.38%) Amazon Athena
5 24 (5.38%) Amazon Aurora
6 21 (4.71%) Big Data
6 21 (4.71%) QlikView
7 18 (4.04%) MongoDB
7 18 (4.04%) OLAP
7 18 (4.04%) PostgreSQL
8 16 (3.59%) Amazon DynamoDB
9 13 (2.91%) Data Warehouse
10 12 (2.69%) Hadoop
11 10 (2.24%) Amazon RDS
11 10 (2.24%) Amazon Redshift
11 10 (2.24%) SQL Server Integration Services
12 9 (2.02%) Flink
12 9 (2.02%) KDB
12 9 (2.02%) SQL Server Reporting Services
Development Applications
1 32 (7.17%) Git (software)
2 30 (6.73%) webpack
3 22 (4.93%) TeamCity
4 16 (3.59%) Octopus Deploy
5 10 (2.24%) NUnit
6 8 (1.79%) Babel
6 8 (1.79%) Jenkins
7 7 (1.57%) Maven
8 6 (1.35%) Mocha
9 5 (1.12%) Jasmine
9 5 (1.12%) JIRA
10 2 (0.45%) Moq
10 2 (0.45%) Team Foundation Server
11 1 (0.22%) Artifactory
11 1 (0.22%) Bitbucket
11 1 (0.22%) MSTest
11 1 (0.22%) Sonatype Nexus
11 1 (0.22%) SpecFlow
11 1 (0.22%) Subversion
11 1 (0.22%) Visual Studio Team System
General
1 299 (67.04%) Finance
2 131 (29.37%) Front Office
3 98 (21.97%) Financial Institution
4 45 (10.09%) Retail
5 40 (8.97%) Banking
6 15 (3.36%) Back Office
7 8 (1.79%) Investment Banking
8 3 (0.67%) Telecoms
9 2 (0.45%) Manufacturing
9 2 (0.45%) Prime Brokerage
10 1 (0.22%) Marketing
10 1 (0.22%) Retail Banking
Job Titles
1 249 (55.83%) Developer
2 92 (20.63%) C# Developer
3 41 (9.19%) React Developer
4 36 (8.07%) Python Developer
5 35 (7.85%) Analyst
6 27 (6.05%) Architect
7 26 (5.83%) Front End Developer (Client-Side Developer)
8 25 (5.61%) Consultant
8 25 (5.61%) Full Stack Developer
8 25 (5.61%) Senior Developer
9 24 (5.38%) AWS Developer
10 21 (4.71%) Business Analyst
10 21 (4.71%) Business Intelligence Developer
11 19 (4.26%) Project Manager
12 17 (3.81%) Front Office Business Analyst
13 16 (3.59%) Java Developer
14 14 (3.14%) .NET Developer
14 14 (3.14%) Desktop Support
14 14 (3.14%) Software Engineer
15 13 (2.91%) Web Developer
Libraries, Frameworks & Software Standards
1 139 (31.17%) React
2 116 (26.01%) .NET
3 106 (23.77%) AngularJS
4 91 (20.40%) HTML
5 86 (19.28%) CSS
6 52 (11.66%) Vue.js
7 46 (10.31%) Redux
8 44 (9.87%) Web Services
9 41 (9.19%) ASP.NET
10 39 (8.74%) Kafka
11 32 (7.17%) .NET Core
12 25 (5.61%) WebSockets
13 24 (5.38%) Sass
14 21 (4.71%) NumPy
14 21 (4.71%) WPF
15 19 (4.26%) HTML5
16 18 (4.04%) GraphQL
16 18 (4.04%) Pandas
16 18 (4.04%) RabbitMQ
16 18 (4.04%) WCF
Miscellaneous
1 91 (20.40%) Greenfield Project
2 73 (16.37%) Equities
3 60 (13.45%) Analytical Skills
4 56 (12.56%) Foreign Exchange (FX)
5 52 (11.66%) Derivative
5 52 (11.66%) Fixed Income
6 35 (7.85%) Equity Derivative
7 20 (4.48%) User Experience
8 17 (3.81%) Exotic Derivative
9 16 (3.59%) Public Cloud
10 15 (3.36%) Algorithms
11 11 (2.47%) Data Centre
12 9 (2.02%) Credit Derivative
12 9 (2.02%) Credit Risk
12 9 (2.02%) Reinsurance
13 8 (1.79%) Blackberry
14 7 (1.57%) Data Structures
14 7 (1.57%) Enterprise Software
15 6 (1.35%) Analytical Mindset
16 5 (1.12%) Virtual Team
Operating Systems
1 46 (10.31%) Linux
2 34 (7.62%) Windows
3 14 (3.14%) Unix
4 12 (2.69%) Windows 10
4 12 (2.69%) Windows 7
5 8 (1.79%) Apple iOS
6 6 (1.35%) Android
6 6 (1.35%) Red Hat Enterprise Linux
6 6 (1.35%) Windows Server
7 5 (1.12%) Ubuntu
8 4 (0.90%) CentOS
9 2 (0.45%) Windows Server 2012
Processes & Methodologies
1 107 (23.99%) Agile Software Development
2 88 (19.73%) TDD
3 69 (15.47%) OO
4 65 (14.57%) Computer Science
5 64 (14.35%) Continuous Integration
6 62 (13.90%) Analytics
7 54 (12.11%) Microservices
8 52 (11.66%) OOP
9 46 (10.31%) Asset Management
9 46 (10.31%) Mathematics
10 42 (9.42%) Investment Management
10 42 (9.42%) Migration
11 40 (8.97%) Software Engineering
12 36 (8.07%) Web Development
13 34 (7.62%) Unit Testing
14 32 (7.17%) Economics
14 32 (7.17%) Front End Development
14 32 (7.17%) SDLC
15 31 (6.95%) Fund Accounting
15 31 (6.95%) Visualisation
Programming Languages
1 175 (39.24%) C#
2 112 (25.11%) JavaScript
3 107 (23.99%) Python
4 98 (21.97%) SQL
5 53 (11.88%) Java
6 49 (10.99%) TypeScript
7 40 (8.97%) PowerShell
8 26 (5.83%) C++
9 11 (2.47%) T-SQL
10 10 (2.24%) Bash Shell
10 10 (2.24%) C
10 10 (2.24%) R
11 7 (1.57%) Data Analysis Expressions (DAX)
12 6 (1.35%) Perl
13 5 (1.12%) Scala
14 4 (0.90%) PL/SQL
15 2 (0.45%) PHP
16 1 (0.22%) F#
16 1 (0.22%) Haskell
16 1 (0.22%) Shell Script
Qualifications
1 56 (12.56%) Degree
2 14 (3.14%) Cisco Certification
3 8 (1.79%) CCIE
3 8 (1.79%) CCNA
3 8 (1.79%) Computer Science Degree
4 7 (1.57%) CCNP
5 5 (1.12%) CCIE Service Provider
5 5 (1.12%) PMI Certification
5 5 (1.12%) PMP
6 4 (0.90%) Numerate Degree
7 3 (0.67%) CFA
7 3 (0.67%) Master's Degree
7 3 (0.67%) PRINCE2 Certification
8 2 (0.45%) MCSE
8 2 (0.45%) Microsoft Certification
8 2 (0.45%) PhD
8 2 (0.45%) RHCSA
9 1 (0.22%) AWS Certification
9 1 (0.22%) CISA
9 1 (0.22%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 7 (1.57%) MiFID
2 4 (0.90%) EMIR
3 3 (0.67%) QA
4 1 (0.22%) Data Quality
4 1 (0.22%) GDPR
4 1 (0.22%) PMO
System Software
1 19 (4.26%) Active Directory
2 12 (2.69%) Docker
3 10 (2.24%) XenApp
3 10 (2.24%) XenDesktop
4 5 (1.12%) Virtual Desktop
5 4 (0.90%) Hyper-V
5 4 (0.90%) VMware Infrastructure
6 2 (0.45%) VMware Server
7 1 (0.22%) Virtual Machines
Systems Management
1 12 (2.69%) Ansible
2 10 (2.24%) Kubernetes
3 8 (1.79%) Opscode Chef
3 8 (1.79%) Puppet
4 5 (1.12%) FortiGate
4 5 (1.12%) OPNET
4 5 (1.12%) Terraform
5 4 (0.90%) AirWatch
5 4 (0.90%) CFEngine
5 4 (0.90%) Control-M
6 3 (0.67%) SCCM
7 2 (0.45%) Cisco CUCM
7 2 (0.45%) ITRS Geneos
7 2 (0.45%) PaperCut
7 2 (0.45%) SCOM
7 2 (0.45%) SCVMM
8 1 (0.22%) Backup Exec
8 1 (0.22%) Microsoft Intune
8 1 (0.22%) RSA Archer
8 1 (0.22%) WSUS
Vendors
1 63 (14.13%) Microsoft
2 29 (6.50%) Oracle
3 25 (5.61%) SAP
4 23 (5.16%) Cisco
5 22 (4.93%) Tableau
6 17 (3.81%) Cognos
6 17 (3.81%) MicroStrategy
7 13 (2.91%) Citrix
8 11 (2.47%) Juniper
9 10 (2.24%) Bloomberg
10 9 (2.02%) Palo Alto
10 9 (2.02%) Remedy
11 6 (1.35%) Red Hat
11 6 (1.35%) Sybase
12 5 (1.12%) F5
12 5 (1.12%) Google
12 5 (1.12%) Symantec
12 5 (1.12%) VMware
13 4 (0.90%) Apple
13 4 (0.90%) CheckPoint