Period
to 12 August 2020

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 12 August 2020 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
12 Aug 2020
Same period 2019 Same period 2018
Rank 192 417 564
Rank change year-on-year +225 +147 -9
Contract jobs citing Hedge funds 438 509 365
As % of all contract jobs advertised in the UK 1.27% 0.56% 0.36%
As % of the Miscellaneous category 3.78% 1.77% 1.09%
Number of daily rates quoted 436 461 270
Median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - +4.35%
10th Percentile £525 £475 £425
90th Percentile £813 £775 £838
UK excluding London median daily rate £400 £550 £538
% change year-on-year -27.27% +2.33% +19.44%
Number of hourly rates quoted 3 0 6
Median hourly rate £35.00 - £21.50
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 11,591 28,804 33,335
As % of all contract IT jobs advertised in the UK 33.54% 31.70% 32.50%
Number of daily rates quoted 7,229 18,366 21,452
Median daily rate £485 £475 £463
Median daily rate % change year-on-year +2.11% +2.70% +2.78%
10th Percentile £263 £275 £275
90th Percentile £715 £671 £660
UK excluding London median daily rate £425 £425 £413
% change year-on-year - +3.03% +3.13%
Number of hourly rates quoted 534 1,061 1,042
Median hourly rate £31.61 £21.00 £21.29
Median hourly rate % change year-on-year +50.52% -1.35% +6.44%
10th Percentile £13.15 £11.63 £12.02
90th Percentile £52.50 £53.75 £50.25
Median hourly rate £25.00 £19.25 £20.00
% change year-on-year +29.87% -3.75% +5.26%

Hedge funds
Job Vacancy Trend

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

Job vacancy trend for Hedge funds in the UK

Hedge funds
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Hedge funds.

Daily rate trend for Hedge funds in the UK

Hedge funds
Daily Rate Histogram

Daily rate distribution for jobs citing Hedge funds over the 6 months to 12 August 2020.

Daily rate histogram for Hedge funds in the UK

Hedge funds
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Hedge funds.

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 12 August 2020. 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 +207 435 £675 +12.50% 69
London +126 434 £675 +8.00% 65
Work from Home -9 14 £713 +18.75% 7
UK excluding London +212 4 £400 -27.27% 3
Scotland +77 3 £400 -
East of England - 1 - - 1

For the 6 months to 12 August 2020, 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.

1 364 (83.11%) Finance
2 337 (76.94%) Asset Management
3 330 (75.34%) AWS
4 325 (74.20%) Web Services
5 300 (68.49%) Agile Software Development
6 296 (67.58%) Front Office
7 288 (65.75%) Python
8 287 (65.53%) Fixed Income
9 284 (64.84%) Investment Management
10 261 (59.59%) Java
11 259 (59.13%) Derivative
12 256 (58.45%) Software Engineering
13 239 (54.57%) Equities
14 224 (51.14%) JavaScript
15 209 (47.72%) Foreign Exchange (FX)
16 208 (47.49%) Banking
17 200 (45.66%) Azure
18 196 (44.75%) React
19 184 (42.01%) AngularJS
20 182 (41.55%) GCP
21 173 (39.50%) DevOps
21 173 (39.50%) Google
22 164 (37.44%) Vue.js
23 139 (31.74%) SQL
24 138 (31.51%) Investment Banking
25 132 (30.14%) Microservices
26 112 (25.57%) Business Analysis
27 99 (22.60%) Serverless
27 99 (22.60%) AWS Lambda
28 97 (22.15%) Portfolio Management

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 64 (14.61%) Apache
2 2 (0.46%) Apache Spark
3 1 (0.23%) Confluence
3 1 (0.23%) Jupyter
3 1 (0.23%) SharePoint
3 1 (0.23%) SharePoint 2010
Applications
1 14 (3.20%) Microsoft Excel
2 2 (0.46%) Microsoft Office
3 1 (0.23%) Microsoft PowerPoint
Business Applications
1 35 (7.99%) Markit EDM
2 19 (4.34%) SimCorp Dimension
3 13 (2.97%) Eagle PACE
4 6 (1.37%) PolarLake
5 5 (1.14%) Front Arena
6 1 (0.23%) SAP ERP
6 1 (0.23%) SAP MM
6 1 (0.23%) SAP S/4HANA
Cloud Services
1 330 (75.34%) AWS
2 200 (45.66%) Azure
3 182 (41.55%) GCP
4 99 (22.60%) AWS Lambda
4 99 (22.60%) Serverless
5 66 (15.07%) Amazon ECS
6 50 (11.42%) Apigee
7 33 (7.53%) Amazon EC2
8 23 (5.25%) Amazon S3
9 11 (2.51%) OpenShift
10 7 (1.60%) Office 365
11 6 (1.37%) Mimecast
12 3 (0.68%) GitHub
12 3 (0.68%) SaaS
13 2 (0.46%) Amazon EKS
13 2 (0.46%) Amazon SQS
13 2 (0.46%) AWS CloudFormation
13 2 (0.46%) AWS Step Functions
13 2 (0.46%) Power Platform
14 1 (0.23%) IaaS
Communications & Networking
1 6 (1.37%) DHCP
1 6 (1.37%) DNS
2 1 (0.23%) DSL
2 1 (0.23%) Firewall
2 1 (0.23%) LAN
2 1 (0.23%) TCP/IP
2 1 (0.23%) VPN
2 1 (0.23%) WAN
Database & Business Intelligence
1 76 (17.35%) PostgreSQL
2 75 (17.12%) SQL Server
3 67 (15.30%) MySQL
4 64 (14.61%) Amazon Redshift
5 40 (9.13%) Data Warehouse
6 21 (4.79%) Amazon DynamoDB
7 12 (2.74%) Amazon RDS
8 11 (2.51%) MongoDB
8 11 (2.51%) NoSQL
9 9 (2.05%) Big Data
10 7 (1.60%) Hadoop
10 7 (1.60%) SQL Server Reporting Services
11 6 (1.37%) SQL Server Integration Services
12 5 (1.14%) KDB
12 5 (1.14%) RDBMS
12 5 (1.14%) Relational Database
12 5 (1.14%) SQL Server Analysis Services
13 3 (0.68%) SQL Server 2014
14 2 (0.46%) Power BI
14 2 (0.46%) Redis
Development Applications
1 58 (13.24%) Artifactory
2 55 (12.56%) RStudio
3 50 (11.42%) Jenkins
4 49 (11.19%) GitLab
5 7 (1.60%) Git (software)
6 3 (0.68%) webpack
7 2 (0.46%) JIRA
8 1 (0.23%) Ant
8 1 (0.23%) Maven
8 1 (0.23%) MSBuild
8 1 (0.23%) Selenium
General
1 364 (83.11%) Finance
2 296 (67.58%) Front Office
3 208 (47.49%) Banking
4 138 (31.51%) Investment Banking
5 46 (10.50%) Back Office
6 8 (1.83%) Financial Institution
7 5 (1.14%) Legal
8 3 (0.68%) Retail
9 1 (0.23%) French Language
9 1 (0.23%) Telecoms
Job Titles
1 255 (58.22%) Developer
2 167 (38.13%) AWS Engineer
3 156 (35.62%) AWS Developer
4 133 (30.37%) Software Engineer
5 117 (26.71%) Developer/Software Engineer
6 88 (20.09%) AWS Software Engineer
7 81 (18.49%) Python Developer
8 79 (18.04%) Java Developer
9 64 (14.61%) Architect
10 55 (12.56%) Java Engineer
11 53 (12.10%) Python Engineer
12 47 (10.73%) JavaScript Developer
13 45 (10.27%) JavaScript Engineer
14 41 (9.36%) SQL Developer
15 40 (9.13%) AWS Architect
15 40 (9.13%) Finance Manager
16 38 (8.68%) Python Software Engineer
17 37 (8.45%) .NET Software Engineer
18 35 (7.99%) Senior Developer
19 34 (7.76%) Solutions Architect
Libraries, Frameworks & Software Standards
1 325 (74.20%) Web Services
2 196 (44.75%) React
3 184 (42.01%) AngularJS
4 164 (37.44%) Vue.js
5 69 (15.75%) .NET
6 64 (14.61%) gRPC
7 59 (13.47%) .NET Core
8 54 (12.33%) ASP.NET
9 49 (11.19%) OAuth
9 49 (11.19%) Swagger
10 45 (10.27%) ASP.NET Core
11 42 (9.59%) Node.js
12 23 (5.25%) J2EE
13 18 (4.11%) Pandas
14 12 (2.74%) D3.js
15 10 (2.28%) HTML
16 9 (2.05%) HTML5
17 8 (1.83%) NumPy
18 7 (1.60%) FIX Protocol
18 7 (1.60%) SciPy
Miscellaneous
1 287 (65.53%) Fixed Income
2 259 (59.13%) Derivative
3 239 (54.57%) Equities
4 209 (47.72%) Foreign Exchange (FX)
5 93 (21.23%) Greenfield Project
6 35 (7.99%) Reference Data
7 19 (4.34%) Equity Derivative
8 15 (3.42%) Credit Derivative
9 13 (2.97%) OTC Derivatives
10 12 (2.74%) Blog
11 10 (2.28%) Public Cloud
12 9 (2.05%) Analytical Skills
13 5 (1.14%) Analytical Mindset
13 5 (1.14%) Private Cloud
14 4 (0.91%) Cloud Native
15 3 (0.68%) FMCG
15 3 (0.68%) User Experience
16 2 (0.46%) Fat Client
16 2 (0.46%) Thin Client
17 1 (0.23%) Management Information System
Operating Systems
1 15 (3.42%) Linux
2 10 (2.28%) Windows
3 8 (1.83%) Windows 10
4 7 (1.60%) Windows 7
5 6 (1.37%) Windows Server
5 6 (1.37%) Windows Server 2012
5 6 (1.37%) Windows Server 2016
6 5 (1.14%) Mac OS X
7 4 (0.91%) Unix
8 1 (0.23%) AIX
8 1 (0.23%) Android
8 1 (0.23%) Apple iOS
8 1 (0.23%) CentOS
8 1 (0.23%) Windows 8
8 1 (0.23%) Windows Server 2008
Processes & Methodologies
1 337 (76.94%) Asset Management
2 300 (68.49%) Agile Software Development
3 284 (64.84%) Investment Management
4 256 (58.45%) Software Engineering
5 173 (39.50%) DevOps
6 132 (30.14%) Microservices
7 112 (25.57%) Business Analysis
8 97 (22.15%) Portfolio Management
9 91 (20.78%) Decision-Making
10 86 (19.63%) Migration
11 71 (16.21%) Fintech
12 60 (13.70%) Front End Development
13 40 (9.13%) Mentoring
14 38 (8.68%) Scrum
15 36 (8.22%) Risk Analysis
16 28 (6.39%) Analytics
16 28 (6.39%) Performance Management
17 25 (5.71%) Technology Roadmap
18 19 (4.34%) Architectural Design
19 18 (4.11%) Wealth Management
Programming Languages
1 288 (65.75%) Python
2 261 (59.59%) Java
3 224 (51.14%) JavaScript
4 139 (31.74%) SQL
5 71 (16.21%) C#
6 46 (10.50%) R
7 26 (5.94%) Kotlin
8 21 (4.79%) C++
9 16 (3.65%) C
10 13 (2.97%) MATLAB
10 13 (2.97%) VBA
11 7 (1.60%) TypeScript
12 6 (1.37%) Perl
12 6 (1.37%) Scala
13 5 (1.14%) Java 8
14 4 (0.91%) Bash Shell
15 3 (0.68%) ES6
15 3 (0.68%) ES7
15 3 (0.68%) PowerShell
16 2 (0.46%) Shell Script
Qualifications
1 18 (4.11%) Sun Certification
2 10 (2.28%) Degree
3 6 (1.37%) MCSE
3 6 (1.37%) Microsoft Certification
4 4 (0.91%) Computer Science Degree
5 1 (0.23%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 2 (0.46%) MiFID
1 2 (0.46%) QA
2 1 (0.23%) GDPR
System Software
1 64 (14.61%) Docker
2 10 (2.28%) Active Directory
3 3 (0.68%) Virtual Machines
4 2 (0.46%) VMware Infrastructure
5 1 (0.23%) Hyper-V
5 1 (0.23%) vSphere
Systems Management
1 82 (18.72%) Kubernetes
2 2 (0.46%) Opscode Chef
2 2 (0.46%) Terraform
3 1 (0.23%) Ansible
3 1 (0.23%) ITRS Geneos
Vendors
1 173 (39.50%) Google
2 57 (13.01%) Bloomberg
3 55 (12.56%) Oracle
4 24 (5.48%) Microsoft
5 20 (4.57%) Charles River
6 19 (4.34%) Calypso
6 19 (4.34%) GoldenSource
6 19 (4.34%) SimCorp
7 11 (2.51%) FactSet
7 11 (2.51%) Reuters
8 8 (1.83%) VMware
9 6 (1.37%) Sybase
10 5 (1.14%) Citrix
11 3 (0.68%) Databricks
11 3 (0.68%) Informatica
12 2 (0.46%) SAP
13 1 (0.23%) ION Trading
13 1 (0.23%) OpenLink
13 1 (0.23%) Red Hat
13 1 (0.23%) TIBCO