The table below looks at the prevalence of the term Banking in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 29 May 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
29 May 2015
Same period 2014 Same period 2013
Banking
Rank 3 3 2
Rank change year-on-year
0 -1
Contract jobs citing Banking 1066 1292 1739
As % of all contract IT jobs located in the City of London 19.74% 21.70% 26.61%
As % of the General category 37.13% 41.29% 46.99%
Number of daily rates quoted 829 995 1378
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £500 £500
90% offered a daily rate of more than £325 £325 £374
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £413 £400 £400
% change year-on-year
+3.12% -
Number of hourly rates quoted 4 6 7
Average hourly rate £17.98 £30.00 £25.00
Average hourly rate % change year-on-year
-40.06% +20.00%
90% offered a hourly rate of more than £14.82 £11.25 £16.20
10% offered a hourly rate of more than £70.14 £112.50 £79.00
UK excluding London average hourly rate £10.44 £14.50 £20.75
% change year-on-year
-28.00% -30.12%
Banking
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
2871 3129 3701
As % of all contract IT jobs located in the City of London 53.16% 52.55% 56.63%
Number of daily rates quoted 2239 2394 2829
Average daily rate £488 £475 £475
Average daily rate % change year-on-year
+2.63% -
90% offered a daily rate of more than £313 £300 £325
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 39 39 67
Average hourly rate £19.72 £18.25 £20.75
Average hourly rate % change year-on-year
+8.02% -12.04%
90% offered a hourly rate of more than £10.50 £11.55 £11.00
10% offered a hourly rate of more than £32.25 £49.75 £42.55
UK excluding London average hourly rate £23.00 £25.00 £26.00
% change year-on-year
-8.00% -3.84%

Banking
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the City of London region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in the City of London

Banking
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the City of London region.

Banking Daily Rate Trend in the City of London

Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the City of London region over the 3 months to 29 May 2015.

Banking Daily Rate Histogram in the City of London

Banking
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the City of London region.

Banking Hourly Rate Trend in the City of London

Banking
Hourly Rate Histogram in the City of London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking across the City of London region over the 3 months to 29 May 2015.

Banking Hourly Rate Histogram in the City of London

Banking
Top 30 Related IT Skills in the City of London

For the 6 months to 29 May 2015, IT contractor jobs across the City of London region citing Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking.

1 999 (51.39%) Finance
2 684 (35.19%) Investment Banking
3 463 (23.82%) SQL
4 325 (16.72%) Agile Software Development
5 263 (13.53%) Java
6 230 (11.83%) Stakeholder Management
7 217 (11.16%) Front Office
8 212 (10.91%) Oracle
9 202 (10.39%) C#
10 186 (9.57%) SQL Server
11 185 (9.52%) Project Management
12 175 (9.00%) Retail
13 171 (8.80%) .NET
14 166 (8.54%) UNIX
15 165 (8.49%) Business Analysis
16 162 (8.33%) Analytical Skills
17 152 (7.82%) Derivative
18 145 (7.46%) Windows
19 142 (7.30%) JavaScript
20 133 (6.84%) Microsoft
21 132 (6.79%) MS Excel
22 131 (6.74%) Linux
23 127 (6.53%) Retail Banking
24 113 (5.81%) HTML
25 102 (5.25%) SDLC
26 98 (5.04%) TDD
27 97 (4.99%) Migration
28 96 (4.94%) Data Warehouse
29 95 (4.89%) Foreign Exchange (FX)
30 92 (4.73%) Fixed Income

Banking
Top Related IT Skills in the City of London by Category

For the 6 months to 29 May 2015, IT contractor jobs across the City of London region citing Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking. Up to 20 skills are shown per category.

Application Platforms
1 41 (2.11%) SharePoint
2 32 (1.65%) WebSphere
3 19 (0.98%) Blackberry Enterprise Server
4 18 (0.93%) MS Exchange
5 16 (0.82%) SAS
6 13 (0.67%) CMS
7 12 (0.62%) IBM Notes
8 11 (0.57%) Oracle Coherence
8 11 (0.57%) WebSphere Application Server
9 9 (0.46%) WebLogic
10 8 (0.41%) IIS
10 8 (0.41%) Tomcat
10 8 (0.41%) Apache
11 7 (0.36%) CICS
11 7 (0.36%) Apache Spark
11 7 (0.36%) Node.js
11 7 (0.36%) Exchange Server 2010
12 6 (0.31%) Lync
12 6 (0.31%) Confluence
12 6 (0.31%) WebSphere Portal
Applications
1 132 (6.79%) MS Excel
2 74 (3.81%) MS Office
3 48 (2.47%) MS PowerPoint
4 30 (1.54%) MS Project
4 30 (1.54%) MS Visio
5 12 (0.62%) Spreadsheet
6 4 (0.21%) Photoshop
7 3 (0.15%) Adobe Illustrator
8 2 (0.10%) Adobe Creative Suite
9 1 (0.051%) Adobe Captivate
Business Applications
1 15 (0.77%) Dynamics CRM
2 9 (0.46%) RMDS
3 6 (0.31%) ION MarketView
3 6 (0.31%) Summit
4 5 (0.26%) assyst
4 5 (0.26%) SunGard GMI
4 5 (0.26%) IntelliMatch
4 5 (0.26%) Oracle Cash Management
4 5 (0.26%) Markit EDM
5 4 (0.21%) Oracle BPM
5 4 (0.21%) Eikon
5 4 (0.21%) Endur
5 4 (0.21%) Oracle Applications
5 4 (0.21%) Temenos T24
6 3 (0.15%) SAP CO
6 3 (0.15%) Remedy ITSM
6 3 (0.15%) SAP FI/CO
6 3 (0.15%) SAP FI
7 2 (0.10%) SunGard Stream Clearvision
7 2 (0.10%) Oracle Financials
Cloud Services
1 16 (0.82%) SaaS
2 7 (0.36%) PaaS
3 6 (0.31%) Adobe Analytics
4 4 (0.21%) IaaS
5 2 (0.10%) Office 365
5 2 (0.10%) Taleo
6 1 (0.051%) Cloud Computing
6 1 (0.051%) Google Analytics
6 1 (0.051%) Lucidchart
6 1 (0.051%) IBM Blueworks
6 1 (0.051%) Amazon AWS
6 1 (0.051%) GitHub
Communications & Networking
1 45 (2.31%) Internet
2 34 (1.75%) Firewall
3 24 (1.23%) SAN
4 21 (1.08%) DNS
5 20 (1.03%) LAN
5 20 (1.03%) TCP/IP
6 17 (0.87%) Network Security
6 17 (0.87%) Multicast
7 16 (0.82%) VPN
8 13 (0.67%) WAN
9 12 (0.62%) OSPF
10 11 (0.57%) Wireless
10 11 (0.57%) BGP
11 10 (0.51%) NAS
12 8 (0.41%) Cisco Nexus
12 8 (0.41%) SNMP
12 8 (0.41%) HTTP
12 8 (0.41%) EIGRP
13 7 (0.36%) LDAP
13 7 (0.36%) MPLS
Database & Business Intelligence
1 186 (9.57%) SQL Server
2 96 (4.94%) Data Warehouse
3 74 (3.81%) Relational Database
4 73 (3.76%) SQL Server Integration Services
5 50 (2.57%) Oracle Database
6 47 (2.42%) SQL Server Reporting Services
6 47 (2.42%) Big Data
7 34 (1.75%) SQL Server 2008
8 33 (1.70%) RDBMS
9 30 (1.54%) Hadoop
10 28 (1.44%) SQL Server Analysis Services
11 26 (1.34%) MS Access
12 24 (1.23%) DB2
12 24 (1.23%) Oracle Database 11g
13 23 (1.18%) QlikView
14 16 (0.82%) Data Mining
15 15 (0.77%) SQL Server 2012
16 12 (0.62%) Oracle Database 12c
16 12 (0.62%) OLAP
17 9 (0.46%) SQL Server 2005
Development Applications
1 38 (1.95%) TeamCity
2 34 (1.75%) JIRA
3 25 (1.29%) Maven
4 21 (1.08%) Subversion
5 20 (1.03%) Selenium
6 19 (0.98%) Visual Studio
6 19 (0.98%) Git (software)
7 15 (0.77%) QuickTest Pro
8 14 (0.72%) WebDriver
8 14 (0.72%) Jenkins
9 13 (0.67%) Grunt
9 13 (0.67%) Bower
10 9 (0.46%) Cucumber
11 8 (0.41%) Team Foundation Server
12 7 (0.36%) NUnit
12 7 (0.36%) Ant
13 6 (0.31%) LoadRunner
13 6 (0.31%) JUnit
14 5 (0.26%) ClearCase
14 5 (0.26%) JBehave
General
1 999 (51.39%) Finance
2 684 (35.19%) Investment Banking
3 217 (11.16%) Front Office
4 175 (9.00%) Retail
5 127 (6.53%) Retail Banking
6 63 (3.24%) Telecoms
7 59 (3.03%) Back Office
7 59 (3.03%) Financial Institution
8 42 (2.16%) Legal
9 23 (1.18%) Advertising
10 17 (0.87%) Corporate Banking
11 16 (0.82%) Private Banking
12 15 (0.77%) Marketing
13 9 (0.46%) Law
14 7 (0.36%) Wholesale Banking
15 6 (0.31%) General Ledger
16 3 (0.15%) Billing
16 3 (0.15%) International Banking
16 3 (0.15%) Mandarin Language
16 3 (0.15%) Publishing
Job Titles
1 605 (31.12%) Analyst
2 464 (23.87%) Developer
3 325 (16.72%) Business Analyst
4 200 (10.29%) Project Manager
5 101 (5.20%) Java Developer
6 94 (4.84%) Architect
7 91 (4.68%) C# Developer
8 89 (4.58%) Senior Developer
9 70 (3.60%) Data Analyst
10 64 (3.29%) Banking Business Analyst
11 61 (3.14%) Consultant
12 59 (3.03%) SQL Developer
13 51 (2.62%) Test Analyst
14 47 (2.42%) Senior Analyst
15 37 (1.90%) Support Analyst
15 37 (1.90%) .NET Developer
16 36 (1.85%) Technical Analyst
17 34 (1.75%) Solutions Architect
17 34 (1.75%) Tester
17 34 (1.75%) Programme Manager
Libraries, Frameworks & Software Standards
1 171 (8.80%) .NET
2 113 (5.81%) HTML
3 80 (4.12%) HTML5
4 58 (2.98%) AngularJS
5 56 (2.88%) WPF
6 52 (2.67%) XML
7 51 (2.62%) Spring
8 50 (2.57%) FIX Protocol
9 43 (2.21%) Hibernate
10 39 (2.01%) CSS
11 36 (1.85%) ASP.NET
11 36 (1.85%) RESTful
12 35 (1.80%) Web Services
13 34 (1.75%) jQuery
14 33 (1.70%) WCF
15 27 (1.39%) REST
16 25 (1.29%) JMS
17 24 (1.23%) J2EE
18 23 (1.18%) .NET Framework
19 21 (1.08%) Middleware
Miscellaneous
1 162 (8.33%) Analytical Skills
2 152 (7.82%) Derivative
3 95 (4.89%) Foreign Exchange (FX)
4 92 (4.73%) Fixed Income
5 69 (3.55%) Equities
6 62 (3.19%) Credit Risk
7 55 (2.83%) SWIFT
8 52 (2.67%) Computer Science
9 49 (2.52%) Market Risk
10 47 (2.42%) User Experience
11 40 (2.06%) Mathematics
12 36 (1.85%) Equity Derivative
13 30 (1.54%) Blackberry
13 30 (1.54%) Data Centre
14 19 (0.98%) PMI
15 18 (0.93%) Management Information System
16 17 (0.87%) Mobile App
16 17 (0.87%) Mobile Banking
17 16 (0.82%) Replication
17 16 (0.82%) Reference Data
Operating Systems
1 166 (8.54%) UNIX
2 145 (7.46%) Windows
3 131 (6.74%) Linux
4 35 (1.80%) Solaris
5 32 (1.65%) Windows 7
6 23 (1.18%) Windows XP
7 22 (1.13%) Windows Server 2008
8 20 (1.03%) Windows Server 2003
9 14 (0.72%) Red Hat Enterprise Linux
10 9 (0.46%) AIX
10 9 (0.46%) Windows Server 2012
11 5 (0.26%) Android
11 5 (0.26%) Windows 8
11 5 (0.26%) Apple iOS
12 3 (0.15%) SUSE
12 3 (0.15%) zOS
13 1 (0.051%) Windows Vista
13 1 (0.051%) VMS
13 1 (0.051%) HPUX
13 1 (0.051%) Windows 2000
Processes & Methodologies
1 325 (16.72%) Agile Software Development
2 230 (11.83%) Stakeholder Management
3 185 (9.52%) Project Management
4 165 (8.49%) Business Analysis
5 102 (5.25%) SDLC
6 98 (5.04%) TDD
7 97 (4.99%) Migration
8 92 (4.73%) Data Modelling
9 89 (4.58%) User Acceptance Testing
10 86 (4.42%) ITIL
11 82 (4.22%) Analytics
12 80 (4.12%) Risk Management
13 76 (3.91%) Scrum
14 75 (3.86%) Multithreading
14 75 (3.86%) Data Analysis
15 67 (3.45%) PRINCE2
16 66 (3.40%) ETL
16 66 (3.40%) Low Latency
17 65 (3.34%) Business Intelligence
18 56 (2.88%) OO
Programming Languages
1 463 (23.82%) SQL
2 263 (13.53%) Java
3 202 (10.39%) C#
4 142 (7.30%) JavaScript
5 78 (4.01%) VBA
6 60 (3.09%) C++
7 51 (2.62%) Python
8 50 (2.57%) PL/SQL
9 38 (1.95%) T-SQL
10 36 (1.85%) C
11 34 (1.75%) Scala
12 31 (1.59%) Perl
13 26 (1.34%) Shell Script
14 14 (0.72%) PowerShell
15 10 (0.51%) COBOL
15 10 (0.51%) VBScript
15 10 (0.51%) VB
16 8 (0.41%) VB.NET
17 5 (0.26%) Korn
17 5 (0.26%) RPG
Qualifications
1 85 (4.37%) Degree
2 28 (1.44%) ISEB
3 22 (1.13%) PMI Certification
4 21 (1.08%) Cisco Certification
5 16 (0.82%) ISTQB
6 15 (0.77%) CCNP
7 13 (0.67%) CISSP
8 11 (0.57%) CISA
9 10 (0.51%) CCIE
9 10 (0.51%) PRINCE2 Certification
9 10 (0.51%) Microsoft Certification
10 9 (0.46%) PMP
11 8 (0.41%) Security Cleared
12 7 (0.36%) MCSE
13 6 (0.31%) CCNA
13 6 (0.31%) OCP
13 6 (0.31%) Oracle Certification
13 6 (0.31%) CISM
14 4 (0.21%) SC Cleared
15 3 (0.15%) MCITP
Quality Assurance & Compliance
1 64 (3.29%) QA
2 29 (1.49%) Dodd-Frank
3 27 (1.39%) EMIR
4 20 (1.03%) Basel III
5 18 (0.93%) Data Quality
6 17 (0.87%) ISO 9001
7 15 (0.77%) MiFID
8 13 (0.67%) SLA
9 11 (0.57%) FATCA
10 5 (0.26%) COBIT
10 5 (0.26%) COREP
11 4 (0.21%) CRD IV
11 4 (0.21%) ISO/IEC 27001
12 3 (0.15%) Sarbanes-Oxley
12 3 (0.15%) Basel II
12 3 (0.15%) ISO 9000
13 2 (0.10%) PCI DSS
System Software
1 48 (2.47%) Active Directory
2 20 (1.03%) VMware Infrastructure
3 15 (0.77%) Oracle RAC
4 7 (0.36%) VMware ESX
5 5 (0.26%) NFS
5 5 (0.26%) HDFS
5 5 (0.26%) Veritas Cluster Server
6 4 (0.21%) vSphere
6 4 (0.21%) Microsoft App-V
7 3 (0.15%) ProxySG
7 3 (0.15%) XenApp
7 3 (0.15%) XenDesktop
8 2 (0.10%) VMware ESXi
8 2 (0.10%) Veritas Volume Manager
8 2 (0.10%) SRDF
8 2 (0.10%) NDS
9 1 (0.051%) Snort
9 1 (0.051%) Hyper-V
9 1 (0.051%) Citrix Presentation Server
9 1 (0.051%) Xen
Systems Management
1 25 (1.29%) HP Quality Center
2 11 (0.57%) ITRS Geneos
3 10 (0.51%) Data Guard
4 9 (0.46%) SCOM
4 9 (0.46%) Puppet
5 8 (0.41%) Opscode Chef
5 8 (0.41%) Tivoli
6 7 (0.36%) Oracle RMAN
6 7 (0.36%) Control-M
7 6 (0.31%) Cisco Prime
7 6 (0.31%) CA Single Sign-On
7 6 (0.31%) Netcool
7 6 (0.31%) SCCM
8 4 (0.21%) Oracle Identity Manager
8 4 (0.21%) Symantec Enterprise Vault
8 4 (0.21%) BladeLogic
9 3 (0.15%) NetBackup
9 3 (0.15%) Tivoli Identity Manager
9 3 (0.15%) Tivoli Storage Manager
9 3 (0.15%) Oracle Flashback
Vendors
1 212 (10.91%) Oracle
2 133 (6.84%) Microsoft
3 58 (2.98%) IBM
4 55 (2.83%) Sybase
5 54 (2.78%) Cisco
6 34 (1.75%) VMware
7 29 (1.49%) Citrix
8 27 (1.39%) Bloomberg
9 26 (1.34%) HP
10 25 (1.29%) TIBCO
10 25 (1.29%) Reuters
11 23 (1.18%) SAP
12 21 (1.08%) CheckPoint
12 21 (1.08%) Informatica
12 21 (1.08%) F5
13 20 (1.03%) EMC
14 19 (0.98%) Business Objects
15 15 (0.77%) Teradata
16 14 (0.72%) Tableau
17 13 (0.67%) Adobe
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 3 hours ago
City, London
TEKsystems
Rate: £350 - £375 per day
Posted: 4 hours ago
City, London
ComputAppoint
Rate: £300 - £308 per day
Posted: 23 hours ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 23 hours ago
City, London
TEKsystems
Rate: £550 - £625 per day
Posted: 23 hours ago
City, London
Aston Carter
Rate: £600 - £900 per day
Posted: 23 hours ago
City, London
TEKsystems
Rate: £450 - £475 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £450 - £600 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £500 - £575 per day + depending on experience
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £750 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £525 - £625 per day
Posted: Yesterday
City, London
ComputAppoint
Rate: £500 - £625 per day
Posted: Yesterday
City, London
Coal IT Services
Rate: £375 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Cadence Resourcing
Rate: on application
Posted: 2 days ago
City, London
McGregor Boyall
Rate: Market Rates
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
Asset Resourcing Ltd
Rate: £400 - £450 per day
Posted: 2 days ago
City, London
Arrows Group
Rate: £450.00 - £500.00 per annum
Posted: 2 days ago