Period
to 25 October 2021

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 25 October 2021 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
25 Oct 2021
Same period 2020 Same period 2019
Rank 461 187 432
Rank change year-on-year -274 +245 +114
Contract jobs citing Hedge funds 404 476 430
As % of all contract jobs advertised in the UK 0.48% 1.49% 0.51%
As % of the Miscellaneous category 1.60% 4.75% 1.77%
Number of daily rates quoted 293 461 374
10th Percentile £463 £475 £450
25th Percentile £513 £538 £525
Median daily rate (50th Percentile) £600 £675 £600
Median % change year-on-year -11.11% +12.50% -
75th Percentile £700 £800 £750
90th Percentile £738 £813 £800
UK excluding London median daily rate £500 £125 £550
% change year-on-year +300.00% -77.27% +4.76%

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 25,271 10,029 24,267
As % of all contract IT jobs advertised in the UK 29.79% 31.49% 28.76%
Number of daily rates quoted 17,774 6,842 15,984
10th Percentile £303 £263 £265
25th Percentile £413 £368 £369
Median daily rate (50th Percentile) £525 £480 £475
Median % change year-on-year +9.38% +1.05% -
75th Percentile £625 £600 £575
90th Percentile £725 £713 £675
UK excluding London median daily rate £450 £421 £425
% change year-on-year +7.02% -1.06% -
Number of hourly rates quoted 695 326 867
10th Percentile £12.00 £12.01 £11.78
25th Percentile £15.02 £16.00 £14.28
Median hourly rate £24.08 £26.11 £20.50
Median % change year-on-year -7.77% +27.37% +2.50%
75th Percentile £49.38 £45.00 £46.00
90th Percentile £64.90 £58.13 £53.75
UK excluding London median hourly rate £20.00 £23.00 £19.03
% change year-on-year -13.04% +20.86% +0.16%

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 25 October 2021.

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 11 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 25 October 2021. 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 -247 399 £600 -11.11% 157
London -211 319 £600 -11.11% 144
UK excluding London -122 45 £500 +300.00% 13
Work from Home -245 27 £575 -17.86% 30
North of England -59 25 £475 +280.00% 4
Yorkshire - 18 £513 - 3
South East -82 15 £475 - 5
North West -49 7 £425 +240.00% 1
Scotland -75 4 £538 +7.50%
East Midlands - 1 £500 - 1
Midlands - 1 £500 - 2

For the 6 months to 25 October 2021, 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.

1 334 (82.67%) Finance
2 193 (47.77%) Data Protection
3 191 (47.28%) Financial Institution
4 187 (46.29%) Legal
5 186 (46.04%) GDPR
6 179 (44.31%) Python
7 175 (43.32%) AWS
8 159 (39.36%) Azure
9 132 (32.67%) Social Skills
10 129 (31.93%) JavaScript
11 126 (31.19%) Agile Software Development
12 118 (29.21%) Java
13 117 (28.96%) Front Office
14 112 (27.72%) GCP
15 111 (27.48%) AOP
16 110 (27.23%) DevOps
17 105 (25.99%) Software Engineering
17 105 (25.99%) Analytics
18 102 (25.25%) React
19 99 (24.50%) Asset Management
20 93 (23.02%) C#
21 86 (21.29%) Fixed Income
22 84 (20.79%) TypeScript
23 83 (20.54%) Docker
24 81 (20.05%) Terraform
25 79 (19.55%) Node.js
26 77 (19.06%) Kubernetes
27 76 (18.81%) Investment Management
28 74 (18.32%) Equities
28 74 (18.32%) Foreign Exchange (FX)

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 15 (3.71%) OpenStack
2 13 (3.22%) BizTalk Server
3 12 (2.97%) Apache Spark
4 7 (1.73%) Apache
5 6 (1.49%) Confluence
6 4 (0.99%) GemFire
7 3 (0.74%) SharePoint
8 2 (0.50%) MS Exchange
9 1 (0.25%) Exchange Server 2010
9 1 (0.25%) Skype for Business
Applications
1 14 (3.47%) Microsoft Excel
2 5 (1.24%) Microsoft Office
3 4 (0.99%) Spreadsheet
4 3 (0.74%) Microsoft PowerPoint
5 1 (0.25%) Adobe XD
5 1 (0.25%) Figma
5 1 (0.25%) Sketch
Business Applications
1 8 (1.98%) Dynamics CRM
2 6 (1.49%) Cloudability
3 4 (0.99%) Sentinel
4 1 (0.25%) Eikon
4 1 (0.25%) Endur
4 1 (0.25%) Loan IQ
4 1 (0.25%) RMDS
Cloud Services
1 175 (43.32%) AWS
2 159 (39.36%) Azure
3 112 (27.72%) GCP
4 54 (13.37%) Serverless
5 45 (11.14%) AWS CloudFormation
6 23 (5.69%) SaaS
7 22 (5.45%) PaaS
8 20 (4.95%) Azure Functions
9 17 (4.21%) GitHub
10 16 (3.96%) Amazon S3
11 15 (3.71%) AWS Lambda
11 15 (3.71%) Azure Logic Apps
11 15 (3.71%) Azure Service Bus
12 14 (3.47%) Power Platform
13 13 (3.22%) Amazon EMR
13 13 (3.22%) Azure Event Grid
13 13 (3.22%) Dynamics 365
14 11 (2.72%) Microsoft 365
15 8 (1.98%) Cloud Computing
15 8 (1.98%) IaaS
Communications & Networking
1 10 (2.48%) DNS
2 9 (2.23%) Firewall
3 8 (1.98%) BGP
4 6 (1.49%) VPN
5 4 (0.99%) Wireless
6 2 (0.50%) Internet
6 2 (0.50%) NAS
6 2 (0.50%) SAN
6 2 (0.50%) TCP/IP
7 1 (0.25%) Cisco IOS
7 1 (0.25%) DHCP
7 1 (0.25%) Fibre Channel
7 1 (0.25%) HTTP
7 1 (0.25%) LAN
7 1 (0.25%) Multicast
7 1 (0.25%) SMTP
7 1 (0.25%) SNMP
7 1 (0.25%) SSH
7 1 (0.25%) SSL
7 1 (0.25%) WAN
Database & Business Intelligence
1 43 (10.64%) SQL Server
2 15 (3.71%) Data Warehouse
3 13 (3.22%) Big Data
4 12 (2.97%) BigQuery
5 10 (2.48%) Data Lake
5 10 (2.48%) Hadoop
5 10 (2.48%) NoSQL
6 9 (2.23%) MongoDB
7 8 (1.98%) Amazon Redshift
8 7 (1.73%) DB2
8 7 (1.73%) PostgreSQL
8 7 (1.73%) Power BI
9 6 (1.49%) Delta Lake
9 6 (1.49%) SQL Server Integration Services
9 6 (1.49%) Tableau
10 4 (0.99%) Amazon DynamoDB
10 4 (0.99%) Relational Database
11 3 (0.74%) Amazon RDS
11 3 (0.74%) Azure SQL Database
11 3 (0.74%) Bigtable
Development Applications
1 39 (9.65%) Jenkins
2 32 (7.92%) Git (software)
3 11 (2.72%) Maven
3 11 (2.72%) Sonatype Nexus
3 11 (2.72%) Subversion
4 8 (1.98%) Jasmine
5 7 (1.73%) ESLint
5 7 (1.73%) Karma Test Runner
5 7 (1.73%) Mocha
5 7 (1.73%) webpack
6 6 (1.49%) JIRA
7 5 (1.24%) GitLab
8 4 (0.99%) Hudson
8 4 (0.99%) Selenium
9 3 (0.74%) Cucumber
9 3 (0.74%) git-flow
9 3 (0.74%) JUnit
9 3 (0.74%) Mockito
9 3 (0.74%) Protractor
10 2 (0.50%) SonarQube
General
1 334 (82.67%) Finance
2 191 (47.28%) Financial Institution
3 187 (46.29%) Legal
4 132 (32.67%) Social Skills
5 117 (28.96%) Front Office
6 52 (12.87%) Analytical Skills
7 48 (11.88%) Banking
8 20 (4.95%) Investment Banking
9 15 (3.71%) Back Office
10 14 (3.47%) Presentation Skills
11 8 (1.98%) Billing
11 8 (1.98%) Organisational Skills
12 7 (1.73%) Marketing
13 6 (1.49%) Documentation Skills
14 5 (1.24%) Retail
15 3 (0.74%) Retail Banking
16 2 (0.50%) Games
16 2 (0.50%) Influencing Skills
16 2 (0.50%) Public Sector
17 1 (0.25%) Telecoms
Job Titles
1 177 (43.81%) Developer
2 68 (16.83%) Architect
3 58 (14.36%) React Developer
4 46 (11.39%) Front Office Developer
5 45 (11.14%) Lead Developer
6 44 (10.89%) Software Engineer
7 37 (9.16%) Developer/Software Engineer
8 36 (8.91%) Python Developer
9 34 (8.42%) Java Developer
10 29 (7.18%) C# Developer
10 29 (7.18%) Senior Developer
11 23 (5.69%) Analyst
12 22 (5.45%) UI Developer
12 22 (5.45%) UI Engineer
13 21 (5.20%) AWS Architect
13 21 (5.20%) Cloud Architect
14 20 (4.95%) Azure Engineer
15 18 (4.46%) AWS Engineer
16 17 (4.21%) Security Architect
16 17 (4.21%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 102 (25.25%) React
2 79 (19.55%) Node.js
3 46 (11.39%) .NET
4 43 (10.64%) AngularJS
5 33 (8.17%) Web Services
6 29 (7.18%) GraphQL
7 20 (4.95%) NumPy
7 20 (4.95%) Pandas
8 17 (4.21%) .NET Core
8 17 (4.21%) HTML
9 14 (3.47%) CSS
9 14 (3.47%) jQuery
9 14 (3.47%) Swagger
10 13 (3.22%) Redux
10 13 (3.22%) REST
11 12 (2.97%) Kafka
11 12 (2.97%) Vue.js
12 11 (2.72%) Spring
13 10 (2.48%) Material-UI
14 9 (2.23%) Middleware
Miscellaneous
1 86 (21.29%) Fixed Income
2 74 (18.32%) Equities
2 74 (18.32%) Foreign Exchange (FX)
3 70 (17.33%) Derivative
4 32 (7.92%) Credit Risk
5 31 (7.67%) User Experience
6 24 (5.94%) Cloud Native
7 16 (3.96%) Data Centre
8 15 (3.71%) Enterprise Cloud
8 15 (3.71%) Market Risk
9 14 (3.47%) Analytical Mindset
10 12 (2.97%) Credit Derivative
11 11 (2.72%) Public Cloud
12 10 (2.48%) Greenfield Project
13 8 (1.98%) Enterprise Software
14 7 (1.73%) Algorithms
14 7 (1.73%) Data Protection Act
14 7 (1.73%) Self-Motivation
15 6 (1.49%) Animation
15 6 (1.49%) Taxonomies
Operating Systems
1 33 (8.17%) Linux
1 33 (8.17%) Windows
2 9 (2.23%) Windows Server
3 7 (1.73%) Unix
3 7 (1.73%) Windows Server 2016
4 6 (1.49%) Windows 10
4 6 (1.49%) Windows Server 2019
5 4 (0.99%) Windows 7
6 3 (0.74%) Red Hat Enterprise Linux
7 2 (0.50%) Windows Server 2012
8 1 (0.25%) Android
8 1 (0.25%) Apple iOS
8 1 (0.25%) Windows Server 2003
8 1 (0.25%) Windows Server 2008
8 1 (0.25%) Windows XP
Processes & Methodologies
1 193 (47.77%) Data Protection
2 126 (31.19%) Agile Software Development
3 111 (27.48%) AOP
4 110 (27.23%) DevOps
5 105 (25.99%) Analytics
5 105 (25.99%) Software Engineering
6 99 (24.50%) Asset Management
7 76 (18.81%) Investment Management
8 60 (14.85%) Full Stack Development
9 46 (11.39%) Microservices
10 41 (10.15%) Scrum
11 40 (9.90%) Infrastructure as Code
11 40 (9.90%) Project Management
12 34 (8.42%) Cybersecurity
12 34 (8.42%) Problem-Solving
13 32 (7.92%) Risk Analytics
14 31 (7.67%) Decision-Making
14 31 (7.67%) Migration
15 30 (7.43%) Computer Science
16 27 (6.68%) Risk Management
Programming Languages
1 179 (44.31%) Python
2 129 (31.93%) JavaScript
3 118 (29.21%) Java
4 93 (23.02%) C#
5 84 (20.79%) TypeScript
6 65 (16.09%) C++
7 62 (15.35%) SQL
8 41 (10.15%) Scala
9 29 (7.18%) Kotlin
10 15 (3.71%) C
11 11 (2.72%) VBA
12 10 (2.48%) Groovy
12 10 (2.48%) PowerShell
13 8 (1.98%) T-SQL
14 6 (1.49%) Bash Shell
15 4 (0.99%) Java 8
15 4 (0.99%) PHP
16 3 (0.74%) PL/SQL
16 3 (0.74%) Ruby
17 2 (0.50%) Apex Code
Qualifications
1 51 (12.62%) Degree
2 22 (5.45%) Computer Science Degree
3 18 (4.46%) CISSP
4 9 (2.23%) AWS Certification
5 7 (1.73%) PMI Certification
5 7 (1.73%) PMP
6 6 (1.49%) Master's Degree
7 3 (0.74%) CISM
7 3 (0.74%) MBA
8 2 (0.50%) (ISC)2 CCSP
8 2 (0.50%) CBAP
8 2 (0.50%) Cisco Certification
9 1 (0.25%) APMG
9 1 (0.25%) CEH
9 1 (0.25%) CISA
Quality Assurance & Compliance
1 186 (46.04%) GDPR
2 14 (3.47%) QA
2 14 (3.47%) SLA
3 8 (1.98%) Data Quality
4 3 (0.74%) ISO/IEC 27001
4 3 (0.74%) PCI DSS
4 3 (0.74%) PMO
4 3 (0.74%) Sarbanes-Oxley
5 2 (0.50%) GRC
5 2 (0.50%) MiFID
6 1 (0.25%) NIST
6 1 (0.25%) NIST 800
6 1 (0.25%) PMBOK
System Software
1 83 (20.54%) Docker
2 26 (6.44%) Active Directory
3 3 (0.74%) KVM
3 3 (0.74%) VMware Infrastructure
4 2 (0.50%) Virtual Desktop
4 2 (0.50%) vSphere
5 1 (0.25%) Microsoft App-V
5 1 (0.25%) Oracle RAC
5 1 (0.25%) Virtual Machines
5 1 (0.25%) VMware ESXi
5 1 (0.25%) XenApp
5 1 (0.25%) XenDesktop
Systems Management
1 81 (20.05%) Terraform
2 77 (19.06%) Kubernetes
3 31 (7.67%) Ansible
4 6 (1.49%) Opscode Chef
5 4 (0.99%) Microsoft Intune
6 3 (0.74%) Grafana
6 3 (0.74%) Nessus
6 3 (0.74%) Packer
6 3 (0.74%) SCCM
7 2 (0.50%) Kibana
7 2 (0.50%) Prometheus
7 2 (0.50%) Puppet
7 2 (0.50%) Symantec Enterprise Vault
8 1 (0.25%) Data Guard
8 1 (0.25%) McAfee ePO
8 1 (0.25%) NetBackup
8 1 (0.25%) Norton AntiVirus
8 1 (0.25%) Oracle Enterprise Manager
8 1 (0.25%) SCOM
8 1 (0.25%) WSUS
Vendors
1 48 (11.88%) Microsoft
2 30 (7.43%) Google
3 18 (4.46%) Oracle
4 15 (3.71%) Salesforce.com
5 11 (2.72%) VMware
6 10 (2.48%) Citrix
6 10 (2.48%) Splunk
7 9 (2.23%) AppDynamics
8 8 (1.98%) Databricks
8 8 (1.98%) MuleSoft
9 7 (1.73%) IBM
10 6 (1.49%) NetApp
11 5 (1.24%) ServiceNow
12 4 (0.99%) Bloomberg
13 3 (0.74%) Red Hat
13 3 (0.74%) Reuters
13 3 (0.74%) SAP
14 2 (0.50%) Apple
14 2 (0.50%) Informatica
14 2 (0.50%) Symantec