Period
to

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 May 2022 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 May 2022
Same period 2021 Same period 2020
Rank 339 417 304
Rank change year-on-year +78 -113 +126
Contract jobs citing Hedge funds 624 287 389
As % of all contract jobs advertised in the UK 0.71% 0.49% 0.81%
As % of the Miscellaneous category 2.26% 1.62% 2.70%
Number of daily rates quoted 462 213 371
10th Percentile £438 £515 £475
25th Percentile £538 £538 £550
Median daily rate (50th Percentile) £638 £600 £650
Median % change year-on-year +6.25% -7.69% +4.00%
75th Percentile £750 £700 £750
90th Percentile £849 £738 £800
UK excluding London median daily rate £625 £600 £400
% change year-on-year +4.17% +50.00% -27.27%

Hedge funds is in the General and Transferable 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 Skills
UK
Contract vacancies with a requirement for generic IT skills 27,564 17,738 14,381
As % of all contract IT jobs advertised in the UK 31.48% 30.42% 29.85%
Number of daily rates quoted 19,385 11,900 9,333
10th Percentile £313 £300 £250
25th Percentile £425 £400 £373
Median daily rate (50th Percentile) £550 £500 £475
Median % change year-on-year +10.00% +5.26% -
75th Percentile £653 £600 £594
90th Percentile £763 £700 £700
UK excluding London median daily rate £475 £425 £425
% change year-on-year +11.76% - -
Number of hourly rates quoted 715 651 615
10th Percentile £14.25 £12.02 £12.61
25th Percentile £17.19 £16.00 £16.23
Median hourly rate £26.98 £25.14 £23.00
Median % change year-on-year +7.32% +9.30% +11.68%
75th Percentile £50.69 £48.63 £46.33
90th Percentile £66.00 £60.00 £53.75
UK excluding London median hourly rate £21.25 £23.21 £20.50
% change year-on-year -8.44% +13.22% +9.63%

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 24 May 2022.

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 14 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 May 2022. 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
Jobs
England +60 616 £638 +6.25% 115
London +45 578 £650 +8.33% 95
Work from Home -4 243 £550 -8.33% 43
UK excluding London -31 42 £625 +4.17% 20
South East -19 17 £625 +123.21% 3
North of England -46 13 £225 -57.14% 6
Yorkshire - 12 - - 3
Channel Islands - 4 - - 1
South West - 4 - - 9
East of England - 2 £450 - 1
Midlands - 2 £750 -
North West -34 1 £225 -57.14% 3
West Midlands - 1 - -
East Midlands - 1 £750 -

For the 6 months to 24 May 2022, 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.

1 508 (81.41%) Finance
2 354 (56.73%) Agile
3 346 (55.45%) AWS
4 290 (46.47%) Software Engineering
5 280 (44.87%) Investment Management
6 275 (44.07%) Asset Management
7 274 (43.91%) Front Office
8 272 (43.59%) Python
9 245 (39.26%) JavaScript
10 232 (37.18%) React
11 214 (34.29%) Derivative
12 203 (32.53%) Equities
13 190 (30.45%) Fixed Income
14 170 (27.24%) Analytics
15 165 (26.44%) Java
16 162 (25.96%) Data Protection
17 160 (25.64%) Legal
17 160 (25.64%) Financial Institution
17 160 (25.64%) GDPR
18 157 (25.16%) CI/CD
18 157 (25.16%) Azure
19 149 (23.88%) Foreign Exchange (FX)
20 139 (22.28%) SQL
21 135 (21.63%) GCP
22 118 (18.91%) .NET
22 118 (18.91%) C#
23 117 (18.75%) TypeScript
24 116 (18.59%) Full Stack Development
25 111 (17.79%) Social Skills
26 107 (17.15%) Microservices

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 24 (3.85%) Apache Spark
2 9 (1.44%) Apache
2 9 (1.44%) Tomcat
3 7 (1.12%) Confluence
3 7 (1.12%) WebLogic
4 5 (0.80%) MS Exchange
5 4 (0.64%) Apache Pig
5 4 (0.64%) JBoss
6 3 (0.48%) Apache Airflow
6 3 (0.48%) Skype for Business
7 2 (0.32%) Elasticsearch
7 2 (0.32%) GlassFish
7 2 (0.32%) IIS
7 2 (0.32%) Red Hat Fuse
7 2 (0.32%) SharePoint
8 1 (0.16%) Oracle Coherence
8 1 (0.16%) WebSphere
Applications
1 38 (6.09%) Microsoft Excel
2 8 (1.28%) Adobe XD
2 8 (1.28%) Microsoft Office
2 8 (1.28%) Sketch
Business Applications
1 6 (0.96%) thinkFolio
2 5 (0.80%) Markit EDM
2 5 (0.80%) SimCorp Dimension
3 4 (0.64%) RMDS
4 3 (0.48%) Eikon
4 3 (0.48%) Refinitiv Enterprise Platform
5 2 (0.32%) Endur
5 2 (0.32%) Oracle Applications
6 1 (0.16%) Eze OMS
Cloud Services
1 346 (55.45%) AWS
2 157 (25.16%) Azure
3 135 (21.63%) GCP
4 67 (10.74%) Serverless
5 61 (9.78%) Amazon S3
6 52 (8.33%) AWS Lambda
7 46 (7.37%) Amazon EC2
8 25 (4.01%) Power Platform
9 19 (3.04%) AWS CloudFormation
10 17 (2.72%) Amazon EKS
11 16 (2.56%) Amazon EMR
12 15 (2.40%) AWS Step Functions
13 11 (1.76%) Apigee
13 11 (1.76%) Azure Active Directory
13 11 (1.76%) Microsoft 365
13 11 (1.76%) SaaS
14 10 (1.60%) Route 53
15 9 (1.44%) Amazon SQS
15 9 (1.44%) AWS CodePipeline
16 8 (1.28%) Figma
Communications & Networking
1 8 (1.28%) NetScaler
2 4 (0.64%) TCP/IP
3 3 (0.48%) DNS
3 3 (0.48%) Firewall
3 3 (0.48%) Multicast
3 3 (0.48%) Skype
3 3 (0.48%) WebEx
4 2 (0.32%) DHCP
4 2 (0.32%) Wireless
5 1 (0.16%) Internet
5 1 (0.16%) Kerberos
5 1 (0.16%) LAN
5 1 (0.16%) Network Security
5 1 (0.16%) VPN
5 1 (0.16%) WAN
Database & Business Intelligence
1 33 (5.29%) Big Data
2 32 (5.13%) SQL Server
3 24 (3.85%) Power BI
4 23 (3.69%) Hadoop
5 19 (3.04%) Relational Database
6 16 (2.56%) Data Warehouse
7 15 (2.40%) Amazon Redshift
7 15 (2.40%) Metadata
7 15 (2.40%) MongoDB
8 12 (1.92%) Data Lake
8 12 (1.92%) RDBMS
9 11 (1.76%) MySQL
10 10 (1.60%) Apache Hive
10 10 (1.60%) Event Store
11 8 (1.28%) NoSQL
12 7 (1.12%) HBase
12 7 (1.12%) HDInsight
13 6 (0.96%) Oracle Database
14 5 (0.80%) Amazon Athena
14 5 (0.80%) PostgreSQL
Development Applications
1 26 (4.17%) Git (software)
1 26 (4.17%) Jenkins
2 21 (3.37%) JIRA
3 19 (3.04%) Artifactory
4 9 (1.44%) TeamCity
5 8 (1.28%) Sonatype Nexus
6 6 (0.96%) IntelliJ
6 6 (0.96%) Maven
7 5 (0.80%) Cypress.io
7 5 (0.80%) SonarQube
7 5 (0.80%) SpecFlow
7 5 (0.80%) WebDriver
8 4 (0.64%) Eclipse
8 4 (0.64%) Selenium
8 4 (0.64%) Visual Studio
9 3 (0.48%) Bitbucket
9 3 (0.48%) Checkstyle
9 3 (0.48%) Cucumber
9 3 (0.48%) JMeter
9 3 (0.48%) JUnit
General
1 508 (81.41%) Finance
2 274 (43.91%) Front Office
3 160 (25.64%) Financial Institution
3 160 (25.64%) Legal
4 111 (17.79%) Social Skills
5 52 (8.33%) Banking
6 38 (6.09%) Analytical Skills
7 21 (3.37%) Back Office
8 19 (3.04%) Retail
9 13 (2.08%) Investment Banking
10 10 (1.60%) Presentation Skills
11 6 (0.96%) Documentation Skills
11 6 (0.96%) Games
12 3 (0.48%) Pharmaceutical
13 2 (0.32%) German Language
14 1 (0.16%) Automotive
14 1 (0.16%) Corporate Banking
14 1 (0.16%) Manufacturing
14 1 (0.16%) Swedish Language
14 1 (0.16%) Telecoms
Job Titles
1 352 (56.41%) Developer
2 217 (34.78%) Software Engineer
3 215 (34.46%) Developer/Software Engineer
4 156 (25.00%) AWS Engineer
5 113 (18.11%) AWS Developer
5 113 (18.11%) AWS Software Engineer
6 106 (16.99%) Java Developer
7 100 (16.03%) Python Developer
8 78 (12.50%) Java Engineer
9 75 (12.02%) Java Software Developer
9 75 (12.02%) Java Software Engineer
9 75 (12.02%) Python Engineer
10 69 (11.06%) Python Software Engineer
11 58 (9.29%) .NET Developer
11 58 (9.29%) React Developer
12 52 (8.33%) Senior Developer
13 47 (7.53%) .NET Software Developer
13 47 (7.53%) .NET Software Engineer
14 41 (6.57%) Senior Software Engineer
15 39 (6.25%) Senior Software Developer
Libraries, Frameworks & Software Standards
1 232 (37.18%) React
2 118 (18.91%) .NET
3 90 (14.42%) AngularJS
4 85 (13.62%) .NET Core
5 67 (10.74%) NumPy
5 67 (10.74%) Pandas
5 67 (10.74%) SciPy
6 64 (10.26%) ASP.NET
7 62 (9.94%) Kafka
8 58 (9.29%) ASP.NET Web API
8 58 (9.29%) Vue.js
9 56 (8.97%) ASP.NET Core
10 55 (8.81%) gRPC
11 46 (7.37%) Node.js
12 33 (5.29%) Protocol Buffers
13 29 (4.65%) GraphQL
13 29 (4.65%) HTML
14 24 (3.85%) Apache Camel
15 19 (3.04%) CSS
16 18 (2.88%) HTML5
Miscellaneous
1 214 (34.29%) Derivative
2 203 (32.53%) Equities
3 190 (30.45%) Fixed Income
4 149 (23.88%) Foreign Exchange (FX)
5 74 (11.86%) Greenfield Project
6 22 (3.53%) Data Structures
6 22 (3.53%) Public Cloud
6 22 (3.53%) User Experience
7 19 (3.04%) Market Risk
8 18 (2.88%) OTC Derivatives
9 17 (2.72%) Self-Motivation
10 14 (2.24%) Animation
10 14 (2.24%) Credit Risk
11 12 (1.92%) Reference Data
12 10 (1.60%) Credit Derivative
12 10 (1.60%) Equity Derivative
12 10 (1.60%) Sports Betting
13 9 (1.44%) Algorithms
14 7 (1.12%) Enterprise Software
14 7 (1.12%) Management Information System
Operating Systems
1 30 (4.81%) Windows
2 21 (3.37%) Linux
3 17 (2.72%) Windows 10
4 8 (1.28%) Unix
5 4 (0.64%) Windows 7
6 3 (0.48%) Android
6 3 (0.48%) Apple iOS
6 3 (0.48%) CentOS
6 3 (0.48%) Oracle Linux
6 3 (0.48%) Solaris
7 1 (0.16%) Ubuntu
7 1 (0.16%) Windows 8
7 1 (0.16%) Windows Server
7 1 (0.16%) Windows Server 2008
7 1 (0.16%) Windows Server 2012
Processes & Methodologies
1 354 (56.73%) Agile
2 290 (46.47%) Software Engineering
3 280 (44.87%) Investment Management
4 275 (44.07%) Asset Management
5 170 (27.24%) Analytics
6 162 (25.96%) Data Protection
7 157 (25.16%) CI/CD
8 116 (18.59%) Full Stack Development
9 107 (17.15%) Microservices
10 101 (16.19%) AOP
11 91 (14.58%) DevOps
12 87 (13.94%) Fintech
13 84 (13.46%) Migration
14 69 (11.06%) Visualisation
15 64 (10.26%) TDD
16 59 (9.46%) Scrum
17 53 (8.49%) Data Analytics
17 53 (8.49%) Problem-Solving
18 50 (8.01%) Front End Development
19 46 (7.37%) Business Intelligence
Programming Languages
1 272 (43.59%) Python
2 245 (39.26%) JavaScript
3 165 (26.44%) Java
4 139 (22.28%) SQL
5 118 (18.91%) C#
6 117 (18.75%) TypeScript
7 37 (5.93%) VBA
8 36 (5.77%) PowerShell
9 26 (4.17%) Scala
10 23 (3.69%) Bash
11 18 (2.88%) R
12 15 (2.40%) MATLAB
13 6 (0.96%) C++
13 6 (0.96%) PL/SQL
14 4 (0.64%) ES6
15 3 (0.48%) C
15 3 (0.48%) Groovy
15 3 (0.48%) Shell Script
16 1 (0.16%) Apex Code
16 1 (0.16%) Ruby
Qualifications
1 25 (4.01%) AWS Certification
2 21 (3.37%) Degree
3 19 (3.04%) Computer Science Degree
4 4 (0.64%) PMI Certification
4 4 (0.64%) RHCA
5 2 (0.32%) CSPO
5 2 (0.32%) Master's Degree
5 2 (0.32%) Microsoft Certification
5 2 (0.32%) Numerate Degree
5 2 (0.32%) PhD
5 2 (0.32%) SC Cleared
5 2 (0.32%) Security Cleared
6 1 (0.16%) ACCA
6 1 (0.16%) CISSP
6 1 (0.16%) GIAC
6 1 (0.16%) OSCP
6 1 (0.16%) Sun Certification
6 1 (0.16%) TOGAF Certification
Quality Assurance & Compliance
1 160 (25.64%) GDPR
2 50 (8.01%) QA
3 19 (3.04%) Data Quality
4 4 (0.64%) Accessibility
5 2 (0.32%) SLA
6 1 (0.16%) Basel II
6 1 (0.16%) GxP
6 1 (0.16%) ITGC
6 1 (0.16%) Sarbanes-Oxley
System Software
1 74 (11.86%) Docker
2 23 (3.69%) Active Directory
3 12 (1.92%) VMware Infrastructure
4 8 (1.28%) XenDesktop
5 3 (0.48%) HDFS
6 2 (0.32%) Hyper-V
6 2 (0.32%) Virtual Machines
6 2 (0.32%) vSphere
7 1 (0.16%) Firmware
7 1 (0.16%) VMware ESXi
Systems Management
1 81 (12.98%) Terraform
2 60 (9.62%) Kubernetes
3 17 (2.72%) Ansible
4 9 (1.44%) SCCM
5 5 (0.80%) Opscode Chef
6 4 (0.64%) Grafana
7 3 (0.48%) Hadoop YARN
7 3 (0.48%) Packer
7 3 (0.48%) Prometheus
8 2 (0.32%) Control-M
8 2 (0.32%) ITRS Geneos
9 1 (0.16%) Ambari
9 1 (0.16%) Jamf Pro
9 1 (0.16%) McAfee ePO
9 1 (0.16%) Microsoft Intune
9 1 (0.16%) NetBackup
9 1 (0.16%) Norton AntiVirus
9 1 (0.16%) Symantec Enterprise Vault
9 1 (0.16%) vCenter Server
9 1 (0.16%) WSUS
Vendors
1 73 (11.70%) Microsoft
2 27 (4.33%) Bloomberg
3 26 (4.17%) Oracle
4 23 (3.69%) Charles River
5 15 (2.40%) BISAM
5 15 (2.40%) VMware
6 13 (2.08%) Citrix
7 12 (1.92%) Splunk
8 10 (1.60%) Databricks
9 9 (1.44%) Red Hat
10 8 (1.28%) Adobe
11 6 (0.96%) Reuters
11 6 (0.96%) Tradeweb
12 5 (0.80%) Calypso
12 5 (0.80%) SimCorp
13 4 (0.64%) FactSet
13 4 (0.64%) Google
14 3 (0.48%) Hortonworks
14 3 (0.48%) IBM
14 3 (0.48%) Murex