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 12 September 2014 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
12 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 4 3 3
Rank change year-on-year
-1 0
Contract jobs citing Banking 1100 1950 2073
As % of all contract IT jobs located in the City of London 18.60% 27.06% 26.32%
As % of the General category 36.44% 45.97% 43.45%
Number of daily rates quoted 828 1504 1598
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £500 £490
Average daily rate % change year-on-year
- +2.04%
90% offered a daily rate of more than £325 £350 £319
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £413 £396 £380
% change year-on-year
+4.16% +4.21%
Number of hourly rates quoted 4 20 8
Average hourly rate £20.25 £19.25 £31.00
Average hourly rate % change year-on-year
+5.19% -37.90%
90% offered a hourly rate of more than £18.30 £12.50 £14.55
10% offered a hourly rate of more than £21.85 £48.00 £119.40
UK excluding London average hourly rate £17.00 £17.50 £19.00
% change year-on-year
-2.85% -7.89%
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
3019 4242 4771
As % of all contract IT jobs located in the City of London 51.04% 58.86% 60.58%
Number of daily rates quoted 2248 3141 3568
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £320 £300
10% offered a daily rate of more than £638 £625 £625
UK excluding London average daily rate £396 £382 £375
% change year-on-year
+3.59% +1.93%
Number of hourly rates quoted 28 67 72
Average hourly rate £19.00 £20.93 £20.00
Average hourly rate % change year-on-year
-9.19% +4.62%
90% offered a hourly rate of more than £11.00 £12.50 £14.55
10% offered a hourly rate of more than £30.82 £58.75 £48.35
UK excluding London average hourly rate £22.50 £21.82 £29.00
% change year-on-year
+3.14% -24.77%

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 12 September 2014.

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
Top 30 Related IT Skills in the City of London

For the 6 months to 12 September 2014, 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 1132 (47.28%) Finance
2 997 (41.65%) Investment Banking
3 529 (22.10%) SQL
4 366 (15.29%) Agile Software Development
5 350 (14.62%) Oracle
6 333 (13.91%) Java
7 306 (12.78%) Front Office
8 290 (12.11%) Windows
9 271 (11.32%) C#
10 247 (10.32%) Project Management
11 244 (10.19%) SQL Server
11 244 (10.19%) Microsoft
12 242 (10.11%) Linux
13 236 (9.86%) UNIX
14 231 (9.65%) Stakeholder Management
15 200 (8.35%) .NET
16 188 (7.85%) Retail
17 170 (7.10%) Degree
18 164 (6.85%) Analytical Skills
19 162 (6.77%) Foreign Exchange (FX)
20 155 (6.47%) Business Analysis
21 144 (6.02%) Derivative
22 134 (5.60%) Retail Banking
23 132 (5.51%) Fixed Income
24 130 (5.43%) ITIL
25 128 (5.35%) Multithreading
26 127 (5.30%) HTML
27 126 (5.26%) MS Excel
28 116 (4.85%) JavaScript
28 116 (4.85%) TDD

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

For the 6 months to 12 September 2014, 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 60 (2.51%) WebSphere
2 58 (2.42%) SharePoint
3 46 (1.92%) WebLogic
4 35 (1.46%) Tomcat
5 29 (1.21%) Oracle Coherence
6 28 (1.17%) CMS
7 26 (1.09%) MS Exchange
8 23 (0.96%) BizTalk Server
8 23 (0.96%) SAS
9 20 (0.84%) IBM Notes
10 18 (0.75%) Apache
11 15 (0.63%) GlassFish
12 14 (0.58%) IIS
12 14 (0.58%) Exchange Server 2010
13 13 (0.54%) Exchange Server 2007
14 12 (0.50%) Lync
15 11 (0.46%) SharePoint 2010
16 10 (0.42%) SharePoint 2013
17 8 (0.33%) TIBCO EMS
17 8 (0.33%) MQSeries
Applications
1 126 (5.26%) MS Excel
2 88 (3.68%) MS Office
3 74 (3.09%) MS PowerPoint
4 38 (1.59%) MS Visio
5 31 (1.29%) MS Project
6 24 (1.00%) Photoshop
7 19 (0.79%) Adobe Illustrator
8 16 (0.67%) Spreadsheet
9 4 (0.17%) Adobe Captivate
10 3 (0.13%) OmniGraffle
10 3 (0.13%) RoboHelp
11 2 (0.084%) InDesign
12 1 (0.042%) Stata
12 1 (0.042%) SPSS
12 1 (0.042%) InfoPath
Business Applications
1 13 (0.54%) Dynamics CRM
2 11 (0.46%) Temenos T24
3 9 (0.38%) Oracle EBS
3 9 (0.38%) RMDS
3 9 (0.38%) ION MarketView
3 9 (0.38%) Markit EDM
4 8 (0.33%) Summit
5 7 (0.29%) Cognos Business Intelligence
6 6 (0.25%) Cognos TM1
6 6 (0.25%) Oracle Applications
6 6 (0.25%) Oracle EBS R12
7 4 (0.17%) Hyperion Planning
7 4 (0.17%) Oracle BPM
7 4 (0.17%) Oracle HRMS
8 3 (0.13%) LatentZero
8 3 (0.13%) Adaptiv
8 3 (0.13%) Front Arena
8 3 (0.13%) HiPortfolio
8 3 (0.13%) SAP Oil and Gas
8 3 (0.13%) Loan IQ
Cloud Services
1 11 (0.46%) SaaS
2 5 (0.21%) Cloud Computing
3 4 (0.17%) GitHub
4 3 (0.13%) Office 365
5 2 (0.084%) Amazon EC2
5 2 (0.084%) Microsoft Azure
6 1 (0.042%) Amazon AWS
6 1 (0.042%) Force.com
6 1 (0.042%) OpenShift
6 1 (0.042%) Responsys
6 1 (0.042%) PaaS
Communications & Networking
1 62 (2.59%) Firewall
2 40 (1.67%) Internet
3 37 (1.55%) SAN
4 28 (1.17%) TCP/IP
5 25 (1.04%) Multicast
6 24 (1.00%) EIGRP
7 22 (0.92%) DNS
7 22 (0.92%) WAN
8 21 (0.88%) LAN
9 18 (0.75%) VoIP
9 18 (0.75%) VLAN
10 17 (0.71%) BGP
10 17 (0.71%) Intranet
11 15 (0.63%) Network Security
12 14 (0.58%) OSPF
13 12 (0.50%) VPN
13 12 (0.50%) NetScaler
14 10 (0.42%) NAS
14 10 (0.42%) LDAP
15 9 (0.38%) FTP
Database & Business Intelligence
1 244 (10.19%) SQL Server
2 91 (3.80%) Oracle Database
3 84 (3.51%) Data Warehouse
4 74 (3.09%) Relational Database
5 71 (2.97%) SQL Server Integration Services
6 50 (2.09%) SQL Server 2008
7 41 (1.71%) SQL Server Reporting Services
8 33 (1.38%) RDBMS
9 31 (1.29%) Oracle Database 10g
9 31 (1.29%) Oracle Database 11g
9 31 (1.29%) SQL Server Analysis Services
10 24 (1.00%) MongoDB
11 23 (0.96%) Big Data
12 20 (0.84%) MS Access
13 18 (0.75%) SQL Server 2005
14 17 (0.71%) QlikView
15 15 (0.63%) Oracle BI EE
15 15 (0.63%) Sybase ASE
15 15 (0.63%) Data Mining
16 13 (0.54%) NoSQL
Development Applications
1 47 (1.96%) JIRA
2 43 (1.80%) JUnit
3 42 (1.75%) Maven
4 39 (1.63%) TeamCity
5 36 (1.50%) Subversion
6 26 (1.09%) CruiseControl
7 22 (0.92%) Visual Studio
8 18 (0.75%) Ant
8 18 (0.75%) NUnit
8 18 (0.75%) Selenium
8 18 (0.75%) Team Foundation Server
9 16 (0.67%) Eclipse
10 15 (0.63%) QuickTest Pro
11 14 (0.58%) Git (software)
11 14 (0.58%) Mockito
12 13 (0.54%) WebDriver
12 13 (0.54%) Jenkins
13 10 (0.42%) Cucumber
14 9 (0.38%) LoadRunner
15 7 (0.29%) FitNesse
General
1 1132 (47.28%) Finance
2 997 (41.65%) Investment Banking
3 306 (12.78%) Front Office
4 188 (7.85%) Retail
5 134 (5.60%) Retail Banking
6 87 (3.63%) Back Office
7 59 (2.46%) Financial Institution
8 50 (2.09%) Telecoms
8 50 (2.09%) Legal
9 37 (1.55%) Advertising
10 33 (1.38%) Corporate Banking
10 33 (1.38%) Marketing
11 24 (1.00%) Private Banking
12 22 (0.92%) International Banking
13 13 (0.54%) French Language
14 9 (0.38%) Games
15 8 (0.33%) Billing
16 7 (0.29%) General Ledger
16 7 (0.29%) German Language
17 6 (0.25%) Law
Job Titles
1 624 (26.07%) Analyst
2 606 (25.31%) Developer
3 368 (15.37%) Business Analyst
4 245 (10.23%) Project Manager
5 145 (6.06%) Java Developer
6 98 (4.09%) Architect
7 91 (3.80%) C# Developer
8 83 (3.47%) Senior Developer
9 79 (3.30%) Consultant
9 79 (3.30%) Banking Business Analyst
10 64 (2.67%) Administrator
11 54 (2.26%) SQL Developer
12 53 (2.21%) Support Analyst
13 50 (2.09%) DBA
13 50 (2.09%) Programme Manager
13 50 (2.09%) Data Analyst
14 45 (1.88%) .NET Developer
15 44 (1.84%) C++ Developer
16 41 (1.71%) Senior Analyst
16 41 (1.71%) Test Manager
Libraries, Frameworks & Software Standards
1 200 (8.35%) .NET
2 127 (5.30%) HTML
3 102 (4.26%) Spring
4 76 (3.17%) XML
5 74 (3.09%) CSS
6 70 (2.92%) ASP.NET
7 68 (2.84%) Middleware
8 63 (2.63%) Web Services
8 63 (2.63%) HTML5
9 59 (2.46%) WPF
10 52 (2.17%) WCF
11 49 (2.05%) .NET Framework
12 48 (2.01%) J2EE
13 46 (1.92%) Hibernate
13 46 (1.92%) jQuery
14 39 (1.63%) JMS
15 31 (1.29%) ASP.NET MVC
16 28 (1.17%) AngularJS
16 28 (1.17%) JDBC
16 28 (1.17%) FIX Protocol
Miscellaneous
1 164 (6.85%) Analytical Skills
2 162 (6.77%) Foreign Exchange (FX)
3 144 (6.02%) Derivative
4 132 (5.51%) Fixed Income
5 109 (4.55%) Credit Risk
6 90 (3.76%) Market Risk
7 67 (2.80%) User Experience
8 63 (2.63%) Equities
9 53 (2.21%) Computer Science
10 36 (1.50%) Mobile Banking
11 33 (1.38%) SWIFT
11 33 (1.38%) Management Information System
12 29 (1.21%) Mathematics
13 28 (1.17%) Mobile App
14 22 (0.92%) Equity Derivative
15 20 (0.84%) Replication
16 19 (0.79%) Blackberry
16 19 (0.79%) Hedge funds
17 18 (0.75%) Online Banking
17 18 (0.75%) Reference Data
Operating Systems
1 290 (12.11%) Windows
2 242 (10.11%) Linux
3 236 (9.86%) UNIX
4 61 (2.55%) Solaris
4 61 (2.55%) Windows 7
5 53 (2.21%) Red Hat Enterprise Linux
6 36 (1.50%) Windows Server 2008
7 30 (1.25%) Windows Server 2003
8 21 (0.88%) Apple iOS
9 16 (0.67%) Windows XP
10 15 (0.63%) Android
11 9 (0.38%) AIX
12 5 (0.21%) SUSE
12 5 (0.21%) zOS
12 5 (0.21%) Windows 2000 Server
12 5 (0.21%) Windows Server 2012
13 4 (0.17%) Windows 8
13 4 (0.17%) HPUX
13 4 (0.17%) Windows 2000
14 2 (0.084%) Windows Vista
Processes & Methodologies
1 366 (15.29%) Agile Software Development
2 247 (10.32%) Project Management
3 231 (9.65%) Stakeholder Management
4 155 (6.47%) Business Analysis
5 130 (5.43%) ITIL
6 128 (5.35%) Multithreading
7 116 (4.85%) TDD
8 110 (4.59%) OO
9 96 (4.01%) User Acceptance Testing
10 94 (3.93%) Risk Management
11 93 (3.88%) Migration
12 90 (3.76%) Low Latency
13 88 (3.68%) Scrum
14 84 (3.51%) Analytics
15 82 (3.43%) Data Modelling
16 81 (3.38%) Change Management
17 77 (3.22%) MVC
18 75 (3.13%) Business Intelligence
19 73 (3.05%) PRINCE2
19 73 (3.05%) Data Analysis
Programming Languages
1 529 (22.10%) SQL
2 333 (13.91%) Java
3 271 (11.32%) C#
4 116 (4.85%) JavaScript
5 110 (4.59%) C++
6 95 (3.97%) Python
7 74 (3.09%) Perl
8 65 (2.72%) PL/SQL
9 63 (2.63%) PowerShell
10 62 (2.59%) VBA
11 61 (2.55%) Shell Script
12 51 (2.13%) T-SQL
13 48 (2.01%) C
14 28 (1.17%) VB
15 26 (1.09%) VBScript
16 14 (0.58%) Bash Shell
17 13 (0.54%) XAML
17 13 (0.54%) Scala
18 10 (0.42%) Korn
19 7 (0.29%) RPG
Qualifications
1 170 (7.10%) Degree
2 38 (1.59%) ISEB
3 33 (1.38%) Cisco Certification
4 29 (1.21%) CCNP
5 23 (0.96%) PRINCE2 Certification
6 20 (0.84%) PMI Certification
7 16 (0.67%) ITIL Certification
7 16 (0.67%) ISTQB
8 15 (0.63%) Citrix Certification
9 14 (0.58%) PMP
10 12 (0.50%) Microsoft Certification
11 11 (0.46%) CISSP
11 11 (0.46%) CCVP
12 9 (0.38%) CCEA
13 8 (0.33%) CCA
13 8 (0.33%) CCEE
14 7 (0.29%) MCSE
14 7 (0.29%) CCSE
15 6 (0.25%) ISTQB Foundation Certification
16 5 (0.21%) Security Cleared
Quality Assurance & Compliance
1 74 (3.09%) QA
2 52 (2.17%) ISO 9001
3 40 (1.67%) EMIR
4 29 (1.21%) Dodd-Frank
5 24 (1.00%) Basel III
6 15 (0.63%) Sarbanes-Oxley
7 13 (0.54%) MiFID
7 13 (0.54%) FATCA
8 12 (0.50%) Data Quality
9 11 (0.46%) SLA
10 8 (0.33%) WAI
10 8 (0.33%) COBIT
10 8 (0.33%) COREP
11 4 (0.17%) CRD IV
12 3 (0.13%) Basel II
13 2 (0.084%) FINREP
14 1 (0.042%) AIFMD
14 1 (0.042%) ISO 9000
14 1 (0.042%) P3O
14 1 (0.042%) PCI DSS
System Software
1 82 (3.43%) Active Directory
2 41 (1.71%) XenApp
3 36 (1.50%) VMware Infrastructure
4 28 (1.17%) Oracle RMAN
5 22 (0.92%) Microsoft App-V
6 17 (0.71%) XenServer
6 17 (0.71%) Oracle RAC
7 9 (0.38%) VMware ESX
7 9 (0.38%) XenDesktop
7 9 (0.38%) Veritas Cluster Server
8 8 (0.33%) vSphere
8 8 (0.33%) Veritas Volume Manager
9 6 (0.25%) RACF
10 5 (0.21%) NFS
11 4 (0.17%) SRDF
11 4 (0.17%) Hyper-V
12 3 (0.13%) Sendmail
12 3 (0.13%) VMware ESXi
12 3 (0.13%) ACF2
12 3 (0.13%) Terminal Server
Systems Management
1 42 (1.75%) SCCM
2 38 (1.59%) Tivoli
3 35 (1.46%) HP Quality Center
4 18 (0.75%) Control-M
5 17 (0.71%) Data Guard
6 13 (0.54%) Cisco UCCE
6 13 (0.54%) Puppet
6 13 (0.54%) Cisco UCCX
6 13 (0.54%) Cisco CUCM
6 13 (0.54%) ITRS Geneos
7 12 (0.50%) Tivoli Storage Manager
8 11 (0.46%) NetBackup
9 6 (0.25%) BMC PATROL
10 4 (0.17%) SCOM
10 4 (0.17%) BladeLogic
11 3 (0.13%) Nagios
11 3 (0.13%) Tivoli Monitoring
11 3 (0.13%) Symantec Enterprise Vault
11 3 (0.13%) Opscode Chef
11 3 (0.13%) Forefront Identity Manager
Vendors
1 350 (14.62%) Oracle
2 244 (10.19%) Microsoft
3 109 (4.55%) Sybase
4 90 (3.76%) Citrix
5 62 (2.59%) Red Hat
6 56 (2.34%) VMware
7 51 (2.13%) Cisco
8 44 (1.84%) HP
9 43 (1.80%) Business Objects
10 42 (1.75%) IBM
11 36 (1.50%) Bloomberg
12 34 (1.42%) CheckPoint
13 32 (1.34%) TIBCO
14 31 (1.29%) JBoss
14 31 (1.29%) Cognos
15 28 (1.17%) Informatica
16 26 (1.09%) EMC
16 26 (1.09%) Murex
17 21 (0.88%) Juniper
18 20 (0.84%) Adobe
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £700 - £800 per annum
Posted: 2 days ago
City, London
TEKsystems
Rate: £405 per day
Posted: 2 days ago
City, London
E-synergy Solutions
Rate: £600 - £700 per day
Posted: 2 days ago
City, London
Oscar Associates (UK) Ltd
Posted: 2 days ago
City, London
Harvey Nash plc
Rate: £650 - £750 per day
Posted: 2 days ago
City, London
Harvey Nash plc
Rate: £250 - £300 per annum
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 2 days ago
City, London
Incisive Ltd
Rate: £0.00 per annum + negotiable
Posted: 2 days ago
City, London
Aston Carter
Rate: £450 - £500 per annum
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £700 - £800 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £530 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 3 days ago
City, London
The People Network
Rate: £300 - £400 per day
Posted: 3 days ago
City, London
The People Network
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £250 - £350 per day
Posted: 3 days ago
City, London
Lorien Resourcing
Posted: 3 days ago