Period
to 17 January 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 17 January 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
17 Jan 2020
Same period 2019 Same period 2018
Rank 422 486 620
Rank change year-on-year +64 +134 +22
Contract jobs citing Hedge funds 365 450 300
As % of all contract IT jobs advertised in the UK 0.50% 0.45% 0.30%
As % of the Miscellaneous category 1.61% 1.40% 0.91%
Number of daily rates quoted 307 380 188
UK median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - +9.09%
10th Percentile £450 £438 £400
90th Percentile £805 £838 £750
UK excluding London median daily rate £500 £538 -
% change year-on-year -6.98% - -
Number of hourly rates quoted 0 1 2
UK median hourly rate - £16.50 £55.75
Median hourly rate % change year-on-year - -70.40% -
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 22,696 32,040 33,092
As % of all contract IT jobs advertised in the UK 31.16% 32.23% 32.99%
Number of daily rates quoted 14,317 20,859 21,953
UK median daily rate £455 £475 £450
Median daily rate % change year-on-year -4.21% +5.56% +5.88%
10th Percentile £250 £275 £260
90th Percentile £675 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +2.56%
Number of hourly rates quoted 1,013 1,009 970
UK median hourly rate £24.37 £20.50 £20.78
Median hourly rate % change year-on-year +18.88% -1.36% +3.91%
10th Percentile £12.44 £12.00 £11.33
90th Percentile £53.75 £48.75 £48.18
UK excluding London median hourly rate £23.50 £20.00 £20.00
% change year-on-year +17.50% - +2.56%

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 January 2020.

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 17 January 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 +54 361 £675 +12.50% 127
London +55 352 £675 +12.50% 122
UK excluding London +95 9 £500 -6.98% 9
East Midlands - 8 £475 -
Midlands - 8 £475 -
South East +70 1 £525 -2.33% 1

For the 6 months to 17 January 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.

1 247 (67.67%) Finance
2 161 (44.11%) C#
3 158 (43.29%) Front Office
4 157 (43.01%) React
5 154 (42.19%) AngularJS
6 132 (36.16%) Asset Management
7 130 (35.62%) Fixed Income
8 127 (34.79%) Python
9 125 (34.25%) Derivative
10 121 (33.15%) SQL
10 121 (33.15%) Equities
11 119 (32.60%) JavaScript
12 116 (31.78%) .NET
13 115 (31.51%) AWS
14 111 (30.41%) Java
15 103 (28.22%) SQL Server
16 100 (27.40%) Web Services
17 98 (26.85%) Foreign Exchange (FX)
18 93 (25.48%) Azure
19 90 (24.66%) Software Engineering
20 89 (24.38%) Agile Software Development
21 87 (23.84%) HTML
22 82 (22.47%) CSS
23 80 (21.92%) Investment Management
24 79 (21.64%) Banking
25 74 (20.27%) TDD
25 74 (20.27%) Analytics
26 73 (20.00%) GCP
27 68 (18.63%) Analytical Skills
28 66 (18.08%) Microsoft

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 14 (3.84%) Apache Spark
2 9 (2.47%) SharePoint
3 3 (0.82%) CMS
3 3 (0.82%) MS Exchange
4 2 (0.55%) Exchange Server 2010
4 2 (0.55%) IIS
5 1 (0.27%) Apache Airflow
5 1 (0.27%) Confluence
5 1 (0.27%) Elasticsearch
5 1 (0.27%) Oracle Workflow
5 1 (0.27%) Skype for Business
5 1 (0.27%) Umbraco
Applications
1 11 (3.01%) Microsoft Excel
2 4 (1.10%) MS Visio
3 2 (0.55%) Microsoft PowerPoint
3 2 (0.55%) Snagit
4 1 (0.27%) Microsoft Office
4 1 (0.27%) Microsoft Project
Business Applications
1 45 (12.33%) FINCAD Analytics
2 8 (2.19%) Eagle PACE
2 8 (2.19%) Markit EDM
2 8 (2.19%) PolarLake
2 8 (2.19%) SAP S/4HANA
3 1 (0.27%) RMDS
Cloud Services
1 115 (31.51%) AWS
2 93 (25.48%) Azure
3 73 (20.00%) GCP
4 44 (12.05%) AWS Step Functions
5 31 (8.49%) Power Platform
6 28 (7.67%) Amazon SQS
7 22 (6.03%) Amazon S3
8 17 (4.66%) AWS Lambda
8 17 (4.66%) Serverless
9 16 (4.38%) Office 365
10 13 (3.56%) Amazon ECS
11 11 (3.01%) OpenShift
12 5 (1.37%) Mimecast
13 3 (0.82%) Cloud Computing
13 3 (0.82%) npm
14 2 (0.55%) Amazon EMR
15 1 (0.27%) Amazon EC2
15 1 (0.27%) Amazon Kinesis
15 1 (0.27%) Google Analytics
15 1 (0.27%) MailChimp
Communications & Networking
1 12 (3.29%) Firewall
1 12 (3.29%) VPN
1 12 (3.29%) WAN
2 9 (2.47%) LAN
3 6 (1.64%) DNS
3 6 (1.64%) MPLS
3 6 (1.64%) Multicast
4 5 (1.37%) BGP
4 5 (1.37%) DHCP
4 5 (1.37%) EIGRP
4 5 (1.37%) OSPF
5 4 (1.10%) Junos
5 4 (1.10%) Network Security
5 4 (1.10%) RIP
5 4 (1.10%) VPLS
6 3 (0.82%) Cisco ASA
6 3 (0.82%) Skype
6 3 (0.82%) Wireless
7 2 (0.55%) NX-OS
7 2 (0.55%) WebEx
Database & Business Intelligence
1 103 (28.22%) SQL Server
2 59 (16.16%) NoSQL
3 51 (13.97%) Amazon Athena
4 43 (11.78%) Amazon Aurora
5 40 (10.96%) Amazon DynamoDB
5 40 (10.96%) PostgreSQL
6 39 (10.68%) MongoDB
7 31 (8.49%) Power BI
8 29 (7.95%) OLAP
8 29 (7.95%) QlikView
9 28 (7.67%) SQL Server Analysis Services
10 25 (6.85%) Amazon Redshift
11 24 (6.58%) Apache Cassandra
12 22 (6.03%) Amazon RDS
12 22 (6.03%) Redis
13 21 (5.75%) Relational Database
14 20 (5.48%) Couchbase
14 20 (5.48%) HBase
14 20 (5.48%) MariaDB
14 20 (5.48%) Neo4j
Development Applications
1 46 (12.60%) Git (software)
2 35 (9.59%) TeamCity
3 29 (7.95%) Octopus Deploy
4 11 (3.01%) Artifactory
5 9 (2.47%) Jenkins
5 9 (2.47%) Maven
5 9 (2.47%) webpack
6 8 (2.19%) NUnit
7 7 (1.92%) Babel
7 7 (1.92%) Jasmine
8 6 (1.64%) JIRA
8 6 (1.64%) Mocha
8 6 (1.64%) Subversion
9 5 (1.37%) Log4Net
10 2 (0.55%) SpecFlow
11 1 (0.27%) GitLab
11 1 (0.27%) Karma Test Runner
11 1 (0.27%) Moq
11 1 (0.27%) SoapUI
11 1 (0.27%) Team Foundation Server
General
1 247 (67.67%) Finance
2 158 (43.29%) Front Office
3 79 (21.64%) Banking
4 37 (10.14%) Financial Institution
5 26 (7.12%) Investment Banking
6 22 (6.03%) Back Office
7 10 (2.74%) Retail
8 3 (0.82%) Manufacturing
9 2 (0.55%) Prime Brokerage
10 1 (0.27%) German Language
10 1 (0.27%) Marketing
Job Titles
1 188 (51.51%) Developer
2 74 (20.27%) C# Developer
3 42 (11.51%) AWS Developer
4 32 (8.77%) Software Engineer
5 30 (8.22%) Analyst
6 25 (6.85%) Front Office Developer
7 24 (6.58%) AWS Engineer
7 24 (6.58%) Senior Developer
8 22 (6.03%) Business Intelligence Developer
8 22 (6.03%) React Developer
9 21 (5.75%) Full Stack Developer
9 21 (5.75%) Java Developer
9 21 (5.75%) Python Developer
10 20 (5.48%) Architect
11 19 (5.21%) JavaScript Developer
11 19 (5.21%) NoSQL Developer
12 17 (4.66%) Python Engineer
13 16 (4.38%) Business Analyst
14 15 (4.11%) NoSQL Engineer
15 14 (3.84%) AWS Software Engineer
Libraries, Frameworks & Software Standards
1 157 (43.01%) React
2 154 (42.19%) AngularJS
3 116 (31.78%) .NET
4 100 (27.40%) Web Services
5 87 (23.84%) HTML
6 82 (22.47%) CSS
7 61 (16.71%) Vue.js
8 57 (15.62%) Node.js
9 47 (12.88%) ASP.NET
10 45 (12.33%) J2EE
11 39 (10.68%) Kafka
12 24 (6.58%) Redux
13 18 (4.93%) NumPy
14 17 (4.66%) WPF
15 16 (4.38%) SciPy
16 15 (4.11%) Pandas
17 14 (3.84%) .NET Framework
17 14 (3.84%) WCF
18 11 (3.01%) ASP.NET MVC
18 11 (3.01%) Twitter Bootstrap
Miscellaneous
1 130 (35.62%) Fixed Income
2 125 (34.25%) Derivative
3 121 (33.15%) Equities
4 98 (26.85%) Foreign Exchange (FX)
5 68 (18.63%) Analytical Skills
6 63 (17.26%) Greenfield Project
7 56 (15.34%) Equity Derivative
8 35 (9.59%) Blog
9 26 (7.12%) Public Cloud
10 16 (4.38%) Market Risk
11 12 (3.29%) Credit Derivative
11 12 (3.29%) Reference Data
12 11 (3.01%) Analytical Mindset
13 9 (2.47%) Algorithms
14 8 (2.19%) Credit Risk
14 8 (2.19%) Exotic Derivative
15 6 (1.64%) OTC Derivatives
16 5 (1.37%) Private Cloud
17 4 (1.10%) FMCG
17 4 (1.10%) PMI
Operating Systems
1 31 (8.49%) Linux
2 28 (7.67%) Windows
3 16 (4.38%) Windows Server
4 12 (3.29%) Unix
5 11 (3.01%) Windows 10
6 9 (2.47%) Windows 7
6 9 (2.47%) Windows Server 2012
7 6 (1.64%) CentOS
7 6 (1.64%) Red Hat Enterprise Linux
8 1 (0.27%) Windows Server 2008
Processes & Methodologies
1 132 (36.16%) Asset Management
2 90 (24.66%) Software Engineering
3 89 (24.38%) Agile Software Development
4 80 (21.92%) Investment Management
5 74 (20.27%) Analytics
5 74 (20.27%) TDD
6 63 (17.26%) OO
7 62 (16.99%) Microservices
8 60 (16.44%) Portfolio Management
9 55 (15.07%) OOP
10 51 (13.97%) Continuous Integration
11 44 (12.05%) Open Source
12 43 (11.78%) Computer Science
13 42 (11.51%) Migration
13 42 (11.51%) Web Development
14 40 (10.96%) Mathematics
15 37 (10.14%) Visualisation
16 35 (9.59%) Risk Analytics
17 34 (9.32%) Business Intelligence
18 33 (9.04%) Data Visualisation
Programming Languages
1 161 (44.11%) C#
2 127 (34.79%) Python
3 121 (33.15%) SQL
4 119 (32.60%) JavaScript
5 111 (30.41%) Java
6 40 (10.96%) R
7 39 (10.68%) C++
8 33 (9.04%) Kotlin
9 30 (8.22%) PowerShell
10 29 (7.95%) TypeScript
11 12 (3.29%) C
12 11 (3.01%) Scala
13 10 (2.74%) PHP
14 8 (2.19%) T-SQL
15 6 (1.64%) Bash Shell
15 6 (1.64%) MATLAB
15 6 (1.64%) VBA
16 2 (0.55%) Data Analysis Expressions (DAX)
16 2 (0.55%) Perl
17 1 (0.27%) Java 8
Qualifications
1 49 (13.42%) Degree
2 12 (3.29%) Cisco Certification
3 10 (2.74%) Numerate Degree
4 8 (2.19%) CCNP
5 5 (1.37%) CCIE
5 5 (1.37%) Computer Science Degree
5 5 (1.37%) MCSE
5 5 (1.37%) Microsoft Certification
6 4 (1.10%) CCIE Service Provider
6 4 (1.10%) PMI Certification
6 4 (1.10%) PMP
7 3 (0.82%) CCNA
7 3 (0.82%) CFA
8 2 (0.55%) CCSA
8 2 (0.55%) CCSE
9 1 (0.27%) AWS Certification
9 1 (0.27%) CGEIT
9 1 (0.27%) CRISC
9 1 (0.27%) ISACA
9 1 (0.27%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 4 (1.10%) EMIR
1 4 (1.10%) MiFID
1 4 (1.10%) QA
2 3 (0.82%) PMO
3 1 (0.27%) GDPR
System Software
1 28 (7.67%) Docker
2 17 (4.66%) Active Directory
3 8 (2.19%) VMware Infrastructure
4 4 (1.10%) Virtual Servers
4 4 (1.10%) VMware Server
5 3 (0.82%) XenApp
5 3 (0.82%) XenDesktop
6 2 (0.55%) Citrix Hypervisor
6 2 (0.55%) Hyper-V
6 2 (0.55%) Terminal Services
7 1 (0.27%) Apache Flume
7 1 (0.27%) Virtual Desktop
7 1 (0.27%) Virtual Machines
7 1 (0.27%) vSphere
Systems Management
1 14 (3.84%) Terraform
2 12 (3.29%) Kubernetes
3 9 (2.47%) Opscode Chef
3 9 (2.47%) Puppet
4 7 (1.92%) Ansible
5 6 (1.64%) CFEngine
6 4 (1.10%) OPNET
7 3 (0.82%) Control-M
7 3 (0.82%) Microsoft Intune
7 3 (0.82%) SCCM
8 2 (0.55%) Cisco CUCM
8 2 (0.55%) FortiGate
8 2 (0.55%) ITRS Geneos
8 2 (0.55%) SCOM
8 2 (0.55%) SCVMM
9 1 (0.27%) Backup Exec
9 1 (0.27%) RSA Archer
9 1 (0.27%) WSUS
Vendors
1 66 (18.08%) Microsoft
2 44 (12.05%) Oracle
3 28 (7.67%) Tableau
4 25 (6.85%) Bloomberg
4 25 (6.85%) Google
5 24 (6.58%) Cognos
5 24 (6.58%) MicroStrategy
6 23 (6.30%) Sybase
7 22 (6.03%) Cisco
8 18 (4.93%) Remedy
9 14 (3.84%) VMware
10 12 (3.29%) SAP
11 9 (2.47%) Citrix
12 8 (2.19%) Reuters
13 7 (1.92%) Juniper
14 6 (1.64%) Red Hat
14 6 (1.64%) SaltStack
15 5 (1.37%) Palo Alto
16 3 (0.82%) Fortinet
17 2 (0.55%) CheckPoint