Hedge funds Contracts

Hedge fund
UK

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 18 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 221 418 367
Rank change year-on-year +197 -51 +77
Contract jobs citing Hedge funds 430 285 632
As % of all contract jobs advertised in the UK 1.01% 0.50% 0.72%
As % of the Miscellaneous category 3.34% 1.51% 2.18%
Number of daily rates quoted 403 247 460
10th Percentile £538 £450 £438
25th Percentile £600 £500 £538
Median daily rate (50th Percentile) £725 £575 £625
Median % change year-on-year +26.09% -8.00% +4.17%
75th Percentile £850 £700 £738
90th Percentile £888 £825 £850
UK excluding London median daily rate £400 £525 £625
% change year-on-year -23.81% -16.00% +4.17%

All Generic Skills
UK

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.

Contract vacancies with a requirement for generic IT skills 12,884 18,935 29,011
As % of all contract IT jobs advertised in the UK 30.26% 33.25% 33.14%
Number of daily rates quoted 8,299 13,036 20,297
10th Percentile £266 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £680 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 896 624 711
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.16 £10.63 £17.00
Median hourly rate £31.38 £22.26 £27.50
Median % change year-on-year +40.98% -19.07% +4.90%
75th Percentile £61.30 £63.00 £50.00
90th Percentile £70.00 £75.00 £65.76
UK excluding London median hourly rate £30.00 £22.00 £21.13
% change year-on-year +36.36% +4.14% -11.29%

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 18 May 2024.

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 8 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 18 May 2024. 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 +185 427 £725 +26.09% 387
London +214 423 £738 +22.92% 367
Work from Home +229 227 £800 +33.33% 111
UK excluding London -32 3 £400 -23.81% 93
West Midlands -13 2 £300 -40.00%
Midlands -14 2 £300 -40.00%
North West +16 1 £500 +270.37% 4
North of England +12 1 £500 - 6

Hedge funds
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 173 (40.23%) Apache Airflow
2 155 (36.05%) Apache
3 8 (1.86%) Apache Spark
4 5 (1.16%) Microsoft Exchange
5 1 (0.23%) SharePoint
5 1 (0.23%) Skype for Business
Applications
1 9 (2.09%) Microsoft Office
2 2 (0.47%) Microsoft Excel
Business Applications
1 20 (4.65%) Aladdin
2 6 (1.40%) SimCorp Dimension
3 3 (0.70%) Endur
3 3 (0.70%) Orchestrade
4 2 (0.47%) Bloomberg AIM
Cloud Services
1 268 (62.33%) AWS
2 153 (35.58%) GCP
3 119 (27.67%) Azure
4 113 (26.28%) dbt
5 103 (23.95%) Snowflake
6 9 (2.09%) Microsoft 365
7 8 (1.86%) Power Platform
8 5 (1.16%) Entra ID
9 3 (0.70%) Amazon EMR
10 2 (0.47%) Amazon EKS
10 2 (0.47%) Cloud Computing
11 1 (0.23%) Amazon S3
11 1 (0.23%) Azure DevOps
11 1 (0.23%) Azure Functions
11 1 (0.23%) Figma
11 1 (0.23%) Sentry
11 1 (0.23%) Serverless
11 1 (0.23%) Supabase
11 1 (0.23%) WhatsApp
Communications & Networking
1 9 (2.09%) VPN
2 8 (1.86%) Wireless
3 4 (0.93%) Cisco Nexus
3 4 (0.93%) Firewall
3 4 (0.93%) Internet
4 1 (0.23%) Cisco Firepower
4 1 (0.23%) Cisco IOS
4 1 (0.23%) Cisco ISE
4 1 (0.23%) FIX Connectivity
4 1 (0.23%) FTP
4 1 (0.23%) Kerberos
4 1 (0.23%) Network Security
4 1 (0.23%) SD-WAN
4 1 (0.23%) Skype
4 1 (0.23%) SSL
4 1 (0.23%) WAN
4 1 (0.23%) WebEx
Database & Business Intelligence
1 153 (35.58%) Apache Ignite
2 113 (26.28%) Apache Arrow
2 113 (26.28%) Dremio
3 111 (25.81%) Amazon Athena
4 104 (24.19%) Data Lake
5 67 (15.58%) PostgreSQL
6 27 (6.28%) Big Data
7 22 (5.12%) SQL Server
8 8 (1.86%) Data Warehouse
8 8 (1.86%) Power BI
8 8 (1.86%) Tableau
9 6 (1.40%) Crystal Reports
9 6 (1.40%) MongoDB
9 6 (1.40%) SQL Server Integration Services
9 6 (1.40%) SQL Server Reporting Services
10 4 (0.93%) SQL Server Analysis Services
11 3 (0.70%) Amazon Redshift
12 2 (0.47%) MySQL
13 1 (0.23%) Hadoop
13 1 (0.23%) RDBMS
Development Applications
1 43 (10.00%) Cypress.io
2 10 (2.33%) JIRA
3 6 (1.40%) Git
4 4 (0.93%) Sonatype Nexus
4 4 (0.93%) SpecFlow
5 3 (0.70%) GitLab
5 3 (0.70%) Jenkins
5 3 (0.70%) Visual Studio Code
6 2 (0.47%) CircleCI
6 2 (0.47%) SQL Server Management Studio (SSMS)
7 1 (0.23%) Bitbucket
General
1 365 (84.88%) Finance
2 292 (67.91%) Front Office
3 236 (54.88%) Banking
4 117 (27.21%) Investment Banking
5 41 (9.53%) Back Office
6 30 (6.98%) Social Skills
7 26 (6.05%) Analytical Skills
8 21 (4.88%) Financial Institution
9 4 (0.93%) Retail
10 2 (0.47%) Documentation Skills
10 2 (0.47%) Inclusion and Diversity
10 2 (0.47%) Law
10 2 (0.47%) Prime Brokerage
10 2 (0.47%) Synthetic Prime Brokerage
11 1 (0.23%) Private Banking
11 1 (0.23%) Publishing
Job Titles
1 195 (45.35%) Developer
2 139 (32.33%) Software Engineer
3 110 (25.58%) Developer/Software Engineer
4 95 (22.09%) Python Engineer
5 93 (21.63%) Python Developer
5 93 (21.63%) Python Software Engineer
6 70 (16.28%) Analyst
7 66 (15.35%) React Developer
8 65 (15.12%) Senior
9 58 (13.49%) Finance Manager
10 47 (10.93%) Financial Analyst
11 46 (10.70%) AWS Engineer
12 43 (10.00%) Lead
13 40 (9.30%) Full Stack Developer
14 36 (8.37%) Business Analyst
15 35 (8.14%) Java Engineer
16 33 (7.67%) .NET Developer
17 32 (7.44%) Java Software Engineer
18 31 (7.21%) Full Stack Engineer
18 31 (7.21%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 171 (39.77%) gRPC
1 171 (39.77%) Protocol Buffers
2 105 (24.42%) React
3 94 (21.86%) Pandas
4 93 (21.63%) NumPy
5 92 (21.40%) SciPy
6 89 (20.70%) Redux
7 61 (14.19%) Material-UI
8 42 (9.77%) .NET
9 25 (5.81%) AngularJS
10 20 (4.65%) .NET Core
11 13 (3.02%) HTML
11 13 (3.02%) Kafka
12 12 (2.79%) CSS
13 11 (2.56%) ASP.NET
13 11 (2.56%) ASP.NET Core
14 8 (1.86%) Vue
15 7 (1.63%) SailPoint
15 7 (1.63%) Spark Streaming
16 6 (1.40%) RabbitMQ
Miscellaneous
1 237 (55.12%) Fixed Income
2 220 (51.16%) Derivative
3 209 (48.60%) Equities
4 151 (35.12%) Foreign Exchange (FX)
5 34 (7.91%) Product Ownership
6 16 (3.72%) Clustering
6 16 (3.72%) Greenfield Project
7 15 (3.49%) Algorithms
8 10 (2.33%) Pricing Data
9 8 (1.86%) Analytical Mindset
9 8 (1.86%) Equity Derivative
10 5 (1.16%) Credit Derivative
10 5 (1.16%) Data Structures
11 4 (0.93%) Management Information System
12 3 (0.70%) Onboarding
13 2 (0.47%) Market Risk
13 2 (0.47%) SWIFT Messaging Network
14 1 (0.23%) Animation
14 1 (0.23%) PKI
14 1 (0.23%) Reference Data
Operating Systems
1 13 (3.02%) Windows
2 10 (2.33%) Windows 10
3 9 (2.09%) Linux
4 7 (1.63%) Windows 7
5 5 (1.16%) Apple iOS
6 4 (0.93%) Unix
7 3 (0.70%) Windows Server
8 1 (0.23%) CentOS
8 1 (0.23%) Windows Server 2016
8 1 (0.23%) Windows Server 2019
Processes & Methodologies
1 293 (68.14%) Asset Management
2 266 (61.86%) Investment Management
3 256 (59.53%) Agile
4 201 (46.74%) Software Engineering
5 101 (23.49%) Full Stack Development
6 98 (22.79%) Artificial Intelligence
7 91 (21.16%) Machine Learning
8 63 (14.65%) Automated Trading
9 54 (12.56%) DevOps
10 44 (10.23%) Line Management
11 43 (10.00%) Mentoring
12 36 (8.37%) Fintech
13 34 (7.91%) Analytics
14 31 (7.21%) Greeks
14 31 (7.21%) TDD
15 25 (5.81%) Roadmaps
16 21 (4.88%) Business Intelligence
16 21 (4.88%) Scrum
17 19 (4.42%) Product Management
18 18 (4.19%) Portfolio Management
Programming Languages
1 289 (67.21%) Python
2 182 (42.33%) TypeScript
3 146 (33.95%) JavaScript
4 137 (31.86%) Java
5 113 (26.28%) SQL
6 101 (23.49%) C#
7 24 (5.58%) C++
7 24 (5.58%) Scala
8 19 (4.42%) R
9 17 (3.95%) Go
10 12 (2.79%) PowerShell
11 6 (1.40%) Ruby
12 2 (0.47%) Bash
12 2 (0.47%) F#
12 2 (0.47%) PL/SQL
12 2 (0.47%) T-SQL
13 1 (0.23%) Perl
13 1 (0.23%) PHP
13 1 (0.23%) Shell Script
13 1 (0.23%) VBA
Qualifications
1 15 (3.49%) Degree
2 7 (1.63%) Numerate Degree
3 5 (1.16%) Computer Science Degree
4 4 (0.93%) AWS Certification
4 4 (0.93%) CISSP
5 2 (0.47%) PMI Certification
5 2 (0.47%) PMP
Quality Assurance & Compliance
1 34 (7.91%) QA
2 33 (7.67%) Data Quality
3 8 (1.86%) MiFID
3 8 (1.86%) SLA
4 1 (0.23%) EMIR
4 1 (0.23%) FATCA
4 1 (0.23%) GRC
System Software
1 11 (2.56%) Active Directory
2 1 (0.23%) Docker
Systems Management
1 18 (4.19%) Kubernetes
2 17 (3.95%) Prometheus
2 17 (3.95%) Terraform
3 5 (1.16%) Single Sign-On
4 4 (0.93%) Ansible
4 4 (0.93%) Puppet
5 3 (0.70%) PingFederate
6 1 (0.23%) Cisco CUCM
6 1 (0.23%) Grafana
6 1 (0.23%) Nagios
6 1 (0.23%) Stealthwatch
Vendors
1 62 (14.42%) Google
2 34 (7.91%) Bloomberg
3 22 (5.12%) Microsoft
4 14 (3.26%) ServiceNow
5 12 (2.79%) BISAM
6 8 (1.86%) Oracle
7 6 (1.40%) SimCorp
8 5 (1.16%) Cisco
9 4 (0.93%) F5
9 4 (0.93%) Fortinet
9 4 (0.93%) Juniper
9 4 (0.93%) Palo Alto
10 3 (0.70%) CyberArk
10 3 (0.70%) ForgeRock
10 3 (0.70%) Okta
10 3 (0.70%) Reuters
11 2 (0.47%) Charles River
11 2 (0.47%) Salesforce
11 2 (0.47%) SAP
11 2 (0.47%) Splunk