Period
to 24 September 2017

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 24 September 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.

Hedge fund
UK
6 months to
24 Sep 2017
Same period 2016 Same period 2015
Rank 564 571 636
Rank change year-on-year +7 +65 -128
Contract jobs citing Hedge funds 322 329 280
As % of all contract IT jobs advertised in the UK 0.33% 0.31% 0.25%
As % of the Miscellaneous category 0.99% 0.93% 0.76%
Number of daily rates quoted 190 215 168
UK median daily rate £600 £500 £525
Median daily rate % change year-on-year +20.00% -4.76% +5.00%
10th Percentile £400 £334 £300
90th Percentile £745 £700 £738
UK excluding London median daily rate £400 £550 £238
% change year-on-year -27.27% +131.58% -40.63%
Number of hourly rates quoted 0 0 1
UK median hourly rate - - £50.00
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 32551 35561 36742
As % of all contract IT jobs advertised in the UK 33.44% 33.34% 32.18%
Number of daily rates quoted 21366 23347 23128
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £613
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 966 1192 1428
UK median hourly rate £21.90 £20.38 £18.89
Median hourly rate % change year-on-year +7.46% +7.89% -3.75%
10th Percentile £11.25 £11.51 £11.17
90th Percentile £50.00 £46.75 £47.50
UK excluding London median hourly rate £21.00 £21.00 £18.00
% change year-on-year - +16.67% -5.26%

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 24 September 2017.

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 6 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 24 September 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 +26 321 £600 +20.00% 77
London +21 318 £600 +20.00% 65
UK excluding London +17 4 £400 -27.27% 13
South West +4 2 - - 1
Scotland +21 1 £400 -15.79% 1
South East -2 1 - - 10

For the 6 months to 24 September 2017, IT contractor jobs citing Hedge funds 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 Hedge funds.

1 170 (52.80%) Finance
2 129 (40.06%) Agile Software Development
3 123 (38.20%) C#
4 95 (29.50%) JavaScript
4 95 (29.50%) SQL
5 91 (28.26%) Banking
6 86 (26.71%) .NET
7 74 (22.98%) Financial Institution
8 73 (22.67%) Front Office
9 67 (20.81%) Investment Banking
10 66 (20.50%) Investment Management
11 65 (20.19%) SQL Server
12 61 (18.94%) Asset Management
13 60 (18.63%) TDD
14 56 (17.39%) Java
15 50 (15.53%) AngularJS
16 47 (14.60%) Microsoft
17 46 (14.29%) AOP
17 46 (14.29%) Greenfield Project
18 43 (13.35%) MongoDB
19 42 (13.04%) Microsoft Excel
19 42 (13.04%) ASP.NET
20 39 (12.11%) Git (software)
21 38 (11.80%) Python
21 38 (11.80%) SDLC
22 37 (11.49%) Equities
22 37 (11.49%) Computer Science
23 36 (11.18%) BDD
24 35 (10.87%) OO
25 34 (10.56%) Linux

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 26 (8.07%) NServiceBus
2 13 (4.04%) SharePoint
3 11 (3.42%) Apache
4 2 (0.62%) Confluence
4 2 (0.62%) Elasticsearch
4 2 (0.62%) MS Exchange
4 2 (0.62%) SAS
4 2 (0.62%) SharePoint 2010
5 1 (0.31%) Apache Solr
5 1 (0.31%) Apache Spark
5 1 (0.31%) Jupyter
5 1 (0.31%) Oracle HTTP Server
5 1 (0.31%) SharePoint Server
5 1 (0.31%) WordPress
Applications
1 42 (13.04%) Microsoft Excel
2 22 (6.83%) Microsoft Office
3 8 (2.48%) MS Visio
4 7 (2.17%) Microsoft PowerPoint
5 4 (1.24%) Spreadsheet
6 2 (0.62%) S-PLUS
7 1 (0.31%) InfoPath
7 1 (0.31%) Microsoft Project
Business Applications
1 19 (5.90%) Markit EDM
2 11 (3.42%) SimCorp Dimension
3 4 (1.24%) Eikon
4 2 (0.62%) Dynamics CRM
4 2 (0.62%) RMDS
4 2 (0.62%) Salerio
5 1 (0.31%) Dynamics NAV
5 1 (0.31%) Front Arena
5 1 (0.31%) PolarLake
5 1 (0.31%) thinkFolio
Cloud Services
1 2 (0.62%) Microsoft Azure
2 1 (0.31%) Amazon AWS
2 1 (0.31%) IaaS
Communications & Networking
1 11 (3.42%) TCP/IP
2 9 (2.80%) SAN
3 8 (2.48%) HTTP
4 7 (2.17%) FTP
5 5 (1.55%) BGP
5 5 (1.55%) EIGRP
5 5 (1.55%) MPLS
5 5 (1.55%) NAS
5 5 (1.55%) OSPF
5 5 (1.55%) VLAN
5 5 (1.55%) VoIP
6 4 (1.24%) OpenScape
7 3 (0.93%) DNS
7 3 (0.93%) FIX Connectivity
7 3 (0.93%) LAN
7 3 (0.93%) NetScaler
7 3 (0.93%) VSAN
7 3 (0.93%) WAN
8 2 (0.62%) DHCP
8 2 (0.62%) Telnet
Database & Business Intelligence
1 65 (20.19%) SQL Server
2 43 (13.35%) MongoDB
3 30 (9.32%) NoSQL
4 23 (7.14%) SQL Server Reporting Services
5 16 (4.97%) Power BI
6 14 (4.35%) OLAP
6 14 (4.35%) PowerPivot
7 12 (3.73%) Big Data
7 12 (3.73%) SQL Server Integration Services
8 11 (3.42%) Flink
8 11 (3.42%) Relational Database
9 9 (2.80%) Oracle Database
10 7 (2.17%) Siebel EIM
10 7 (2.17%) SQL Server 2008
10 7 (2.17%) SQL Server 2016
11 4 (1.24%) Oracle Database 11g
12 3 (0.93%) Oracle Reports
12 3 (0.93%) SQL Server 2005
13 2 (0.62%) MySQL
13 2 (0.62%) RDBMS
Development Applications
1 39 (12.11%) Git (software)
2 28 (8.70%) Subversion
3 27 (8.39%) SpecFlow
4 26 (8.07%) JIRA
5 14 (4.35%) Jenkins
6 13 (4.04%) TeamCity
7 2 (0.62%) FitNesse
7 2 (0.62%) Team Foundation Server
8 1 (0.31%) Bugzilla
8 1 (0.31%) Cucumber
8 1 (0.31%) Jasmine
8 1 (0.31%) JBehave
8 1 (0.31%) JUnit
8 1 (0.31%) Protractor
8 1 (0.31%) Selenium
8 1 (0.31%) TestRail
8 1 (0.31%) Visual Studio
8 1 (0.31%) WebDriver
General
1 170 (52.80%) Finance
2 91 (28.26%) Banking
3 74 (22.98%) Financial Institution
4 73 (22.67%) Front Office
5 67 (20.81%) Investment Banking
6 16 (4.97%) Back Office
7 11 (3.42%) Billing
8 2 (0.62%) Advertising
8 2 (0.62%) Marketing
9 1 (0.31%) Brand Awareness
9 1 (0.31%) Legal
9 1 (0.31%) Mandarin Language
9 1 (0.31%) Private Banking
9 1 (0.31%) Retail
9 1 (0.31%) Retail Banking
Job Titles
1 180 (55.90%) Developer
2 101 (31.37%) C# Developer
3 57 (17.70%) Analyst
4 34 (10.56%) .NET Developer
5 31 (9.63%) C# .NET Developer
6 28 (8.70%) Full Stack Developer
7 26 (8.07%) SQL Developer
8 24 (7.45%) JavaScript Developer
9 20 (6.21%) Data Analyst
10 18 (5.59%) C# WPF Developer
10 18 (5.59%) Lead Developer
10 18 (5.59%) WPF Developer
11 16 (4.97%) SQL Server Developer
12 15 (4.66%) Business Analyst
13 14 (4.35%) Front Office Developer
13 14 (4.35%) Java Developer
13 14 (4.35%) Support Analyst
14 13 (4.04%) Agile Developer
14 13 (4.04%) Lead C# Developer
14 13 (4.04%) Salesforce Developer
Libraries, Frameworks & Software Standards
1 86 (26.71%) .NET
2 50 (15.53%) AngularJS
3 42 (13.04%) ASP.NET
4 32 (9.94%) WPF
5 30 (9.32%) Angular 2
6 29 (9.01%) ASP.NET Web API
7 28 (8.70%) Reactive Extensions
8 27 (8.39%) RabbitMQ
8 27 (8.39%) Redux
9 26 (8.07%) Akka
9 26 (8.07%) Kafka
9 26 (8.07%) SignalR
9 26 (8.07%) WCF
9 26 (8.07%) WebSockets
10 24 (7.45%) React
11 19 (5.90%) HTML
12 17 (5.28%) D3.js
12 17 (5.28%) HTML5
13 15 (4.66%) Web Services
14 14 (4.35%) KnockoutJS
Miscellaneous
1 46 (14.29%) Greenfield Project
2 37 (11.49%) Computer Science
2 37 (11.49%) Equities
3 27 (8.39%) Derivative
4 23 (7.14%) Algorithms
5 22 (6.83%) Data Structures
5 22 (6.83%) Foreign Exchange (FX)
6 20 (6.21%) Fixed Income
7 18 (5.59%) Virtual Team
8 14 (4.35%) Analytical Skills
9 7 (2.17%) Credit Risk
9 7 (2.17%) Market Risk
9 7 (2.17%) Reference Data
10 5 (1.55%) Data Centre
11 4 (1.24%) Equity Derivative
11 4 (1.24%) Replication
12 3 (0.93%) Fintech
12 3 (0.93%) PKI
13 2 (0.62%) Enterprise Software
13 2 (0.62%) Linux Command Line
Operating Systems
1 34 (10.56%) Linux
2 24 (7.45%) Windows
3 23 (7.14%) Unix
4 8 (2.48%) Windows Server
5 5 (1.55%) Windows 7
6 3 (0.93%) Ubuntu
7 2 (0.62%) Red Hat Enterprise Linux
8 1 (0.31%) Apple iOS
8 1 (0.31%) Windows Server 2008
8 1 (0.31%) Windows Server 2012
Processes & Methodologies
1 129 (40.06%) Agile Software Development
2 66 (20.50%) Investment Management
3 61 (18.94%) Asset Management
4 60 (18.63%) TDD
5 46 (14.29%) AOP
6 38 (11.80%) SDLC
7 36 (11.18%) BDD
8 35 (10.87%) OO
9 28 (8.70%) Mathematics
9 28 (8.70%) Multithreading
10 26 (8.07%) Complex Event Processing
10 26 (8.07%) CQRS
10 26 (8.07%) Low Latency
11 25 (7.76%) DevOps
11 25 (7.76%) Stakeholder Management
12 23 (7.14%) Test Automation
13 22 (6.83%) MVC
14 20 (6.21%) OOD
15 19 (5.90%) Data Management
15 19 (5.90%) Project Management
Programming Languages
1 123 (38.20%) C#
2 95 (29.50%) JavaScript
2 95 (29.50%) SQL
3 56 (17.39%) Java
4 38 (11.80%) Python
5 24 (7.45%) C++
6 13 (4.04%) T-SQL
6 13 (4.04%) VBA
7 10 (3.11%) Perl
8 9 (2.80%) TypeScript
9 7 (2.17%) PL/SQL
9 7 (2.17%) STATISTICA Visual Basic
10 6 (1.86%) Apex Code
10 6 (1.86%) Data Analysis Expressions (DAX)
10 6 (1.86%) PowerShell
11 4 (1.24%) XAML
12 2 (0.62%) Bash Shell
12 2 (0.62%) F#
12 2 (0.62%) R
12 2 (0.62%) Scala
Qualifications
1 28 (8.70%) Degree
2 13 (4.04%) Numerate Degree
3 11 (3.42%) Computer Science Degree
3 11 (3.42%) PhD
4 9 (2.80%) PRINCE2 Practitioner
5 7 (2.17%) Siebel Certification
6 5 (1.55%) CCNA
6 5 (1.55%) CCNP
6 5 (1.55%) CCVP
6 5 (1.55%) Cisco Certification
7 3 (0.93%) VCP6
7 3 (0.93%) VMware Certified Professional (VCP)
8 1 (0.31%) ISEB
8 1 (0.31%) ISTQB
8 1 (0.31%) PMP
8 1 (0.31%) PRINCE2 Certification
8 1 (0.31%) SC Cleared
8 1 (0.31%) Security Cleared
Quality Assurance & Compliance
1 16 (4.97%) MiFID
1 16 (4.97%) QA
2 7 (2.17%) PMO
3 2 (0.62%) EMIR
4 1 (0.31%) Basel III
4 1 (0.31%) Cyber Essentials
4 1 (0.31%) Dodd-Frank
4 1 (0.31%) FATCA
4 1 (0.31%) ISO/IEC 27001
4 1 (0.31%) PCI DSS
4 1 (0.31%) SLA
System Software
1 7 (2.17%) Active Directory
1 7 (2.17%) VMware Infrastructure
2 5 (1.55%) Hyper-V
3 3 (0.93%) DFS Replication
3 3 (0.93%) vSphere
3 3 (0.93%) XenDesktop
4 2 (0.62%) Microsoft Virtual Server
4 2 (0.62%) Virtual Servers
4 2 (0.62%) VMware Workstation
5 1 (0.31%) Docker
Systems Management
1 6 (1.86%) SCCM
2 5 (1.55%) Cisco CUCM
3 4 (1.24%) SCOM
4 3 (0.93%) Puppet
4 3 (0.93%) vCenter Server
5 2 (0.62%) Control-M
5 2 (0.62%) Dollar Universe
5 2 (0.62%) logstash
5 2 (0.62%) Nagios
5 2 (0.62%) NetBackup
5 2 (0.62%) Packer
6 1 (0.31%) Ansible
6 1 (0.31%) Kubernetes
6 1 (0.31%) Mesos
Vendors
1 47 (14.60%) Microsoft
2 28 (8.70%) Oracle
3 16 (4.97%) Charles River
4 15 (4.66%) Salesforce.com
5 11 (3.42%) SimCorp
6 9 (2.80%) Bloomberg
7 8 (2.48%) Siebel
7 8 (2.48%) VMware
8 7 (2.17%) DevExpress
9 6 (1.86%) Cisco
9 6 (1.86%) ServiceNow
9 6 (1.86%) Sybase
10 5 (1.55%) AppDynamics
10 5 (1.55%) Red Box
10 5 (1.55%) Reuters
10 5 (1.55%) Splunk
11 4 (1.24%) BT
11 4 (1.24%) CQG
11 4 (1.24%) HP
11 4 (1.24%) Speakerbus