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 27 March 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
27 Mar 2015
Same period 2014 Same period 2013
Banking
Rank 4 3 2
Rank change year-on-year
-1 -1
Contract jobs citing Banking 1006 1294 1545
As % of all contract IT jobs located in the City of London 19.59% 21.33% 26.16%
As % of the General category 37.36% 39.42% 45.74%
Number of daily rates quoted 785 983 1257
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £525 £500
Average daily rate % change year-on-year
-4.76% +5.00%
90% offered a daily rate of more than £325 £350 £350
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £425 £400 £380
% change year-on-year
+6.25% +5.26%
Number of hourly rates quoted 4 16 9
Average hourly rate £19.98 £22.50 £25.00
Average hourly rate % change year-on-year
-11.22% -10.00%
90% offered a hourly rate of more than £15.03 £12.50 £14.00
10% offered a hourly rate of more than £71.13 £48.75 £28.40
UK excluding London average hourly rate £10.44 £10.97 £18.50
% change year-on-year
-4.83% -40.70%
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
2693 3283 3378
As % of all contract IT jobs located in the City of London 52.45% 54.11% 57.21%
Number of daily rates quoted 2089 2394 2628
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 17 53 33
Average hourly rate £17.87 £22.38 £22.50
Average hourly rate % change year-on-year
-20.15% -0.55%
90% offered a hourly rate of more than £13.25 £13.80 £12.25
10% offered a hourly rate of more than £49.20 £48.00 £35.00
UK excluding London average hourly rate £24.00 £22.50 £27.50
% change year-on-year
+6.66% -18.18%

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 27 March 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 27 March 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 27 March 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.

1 972 (49.69%) Finance
2 728 (37.22%) Investment Banking
3 455 (23.26%) SQL
4 303 (15.49%) Agile Software Development
5 295 (15.08%) Java
6 219 (11.20%) Front Office
7 215 (10.99%) Oracle
8 214 (10.94%) Stakeholder Management
9 191 (9.76%) Windows
10 180 (9.20%) UNIX
10 180 (9.20%) Project Management
11 177 (9.05%) Derivative
12 173 (8.84%) SQL Server
13 169 (8.64%) Analytical Skills
14 167 (8.54%) Retail
15 163 (8.33%) C#
16 157 (8.03%) Business Analysis
17 149 (7.62%) .NET
18 142 (7.26%) Linux
18 142 (7.26%) MS Excel
19 136 (6.95%) Microsoft
20 132 (6.75%) JavaScript
21 126 (6.44%) Retail Banking
22 120 (6.13%) HTML
23 112 (5.73%) User Acceptance Testing
24 104 (5.32%) ITIL
25 101 (5.16%) Data Warehouse
25 101 (5.16%) Foreign Exchange (FX)
26 98 (5.01%) Fixed Income
27 96 (4.91%) MS Office

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

For the 6 months to 27 March 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 50 (2.56%) SharePoint
2 37 (1.89%) WebSphere
3 26 (1.33%) MS Exchange
4 25 (1.28%) CMS
5 18 (0.92%) Blackberry Enterprise Server
6 17 (0.87%) Tomcat
7 15 (0.77%) SAS
8 13 (0.66%) WebSphere Application Server
9 12 (0.61%) IIS
10 11 (0.56%) Exchange Server 2010
11 10 (0.51%) IBM Notes
12 9 (0.46%) WebLogic
12 9 (0.46%) BizTalk Server
12 9 (0.46%) TIBCO EMS
13 8 (0.41%) Apache
13 8 (0.41%) Node.js
14 7 (0.36%) Lync
14 7 (0.36%) WebSphere Portal
14 7 (0.36%) JBoss
15 6 (0.31%) Exchange Server 2003
Applications
1 142 (7.26%) MS Excel
2 96 (4.91%) MS Office
3 53 (2.71%) MS PowerPoint
4 33 (1.69%) MS Visio
5 28 (1.43%) MS Project
6 12 (0.61%) Spreadsheet
7 11 (0.56%) Adobe Illustrator
8 10 (0.51%) Photoshop
9 5 (0.26%) Acrobat
10 3 (0.15%) Adobe Creative Suite
11 2 (0.10%) InDesign
12 1 (0.051%) RoboHelp
12 1 (0.051%) Open Workbench
Business Applications
1 14 (0.72%) RMDS
2 11 (0.56%) Oracle Cash Management
3 10 (0.51%) ION MarketView
4 8 (0.41%) Markit EDM
4 8 (0.41%) Dynamics CRM
4 8 (0.41%) SunGard GMI
4 8 (0.41%) Summit
5 7 (0.36%) assyst
6 6 (0.31%) IntelliMatch
7 4 (0.20%) SiteCatalyst
7 4 (0.20%) Oracle Applications
7 4 (0.20%) Temenos T24
7 4 (0.20%) Eagle PACE
8 3 (0.15%) Global One
8 3 (0.15%) BASE24
8 3 (0.15%) Endur
8 3 (0.15%) Eikon
8 3 (0.15%) SAP BPC
9 2 (0.10%) SunGard Stream Clearvision
9 2 (0.10%) Algo Collateral
Cloud Services
1 12 (0.61%) SaaS
2 4 (0.20%) Cloud Computing
3 2 (0.10%) Amazon S3
3 2 (0.10%) PaaS
3 2 (0.10%) Amazon AWS
4 1 (0.051%) Office 365
4 1 (0.051%) GitHub
4 1 (0.051%) IaaS
4 1 (0.051%) LucidChart
4 1 (0.051%) IBM Blueworks
4 1 (0.051%) Microsoft Azure
4 1 (0.051%) Force.com
4 1 (0.051%) Amazon EC2
Communications & Networking
1 54 (2.76%) Internet
2 44 (2.25%) Firewall
3 28 (1.43%) LAN
4 25 (1.28%) TCP/IP
5 21 (1.07%) WAN
5 21 (1.07%) Wireless
5 21 (1.07%) Network Security
6 20 (1.02%) VPN
6 20 (1.02%) DNS
7 19 (0.97%) SAN
8 17 (0.87%) OSPF
9 15 (0.77%) BGP
9 15 (0.77%) Multicast
10 10 (0.51%) MPLS
11 8 (0.41%) Intranet
11 8 (0.41%) Intrusion Detection
12 7 (0.36%) Cisco Nexus
12 7 (0.36%) SNMP
12 7 (0.36%) EIGRP
13 6 (0.31%) TACACS
Database & Business Intelligence
1 173 (8.84%) SQL Server
2 101 (5.16%) Data Warehouse
3 79 (4.04%) SQL Server Integration Services
4 72 (3.68%) Relational Database
5 50 (2.56%) SQL Server Reporting Services
6 49 (2.51%) Big Data
7 43 (2.20%) Oracle Database
8 34 (1.74%) SQL Server 2008
9 31 (1.58%) Hadoop
10 30 (1.53%) RDBMS
11 28 (1.43%) SQL Server Analysis Services
12 23 (1.18%) MS Access
12 23 (1.18%) QlikView
12 23 (1.18%) Oracle Database 11g
13 18 (0.92%) Data Mining
14 17 (0.87%) DB2
15 15 (0.77%) SQL Server 2005
16 11 (0.56%) OLAP
16 11 (0.56%) SQL Server 2012
16 11 (0.56%) Oracle Database 12c
Development Applications
1 37 (1.89%) Maven
2 31 (1.58%) JIRA
3 24 (1.23%) Selenium
4 20 (1.02%) Visual Studio
5 19 (0.97%) TeamCity
5 19 (0.97%) WebDriver
6 17 (0.87%) Grunt
6 17 (0.87%) Bower
7 16 (0.82%) QuickTest Pro
8 14 (0.72%) Subversion
9 13 (0.66%) Ant
10 11 (0.56%) Git (software)
11 10 (0.51%) Cucumber
12 9 (0.46%) Jenkins
12 9 (0.46%) NUnit
13 7 (0.36%) MSI
13 7 (0.36%) JUnit
14 6 (0.31%) Team Foundation Server
15 5 (0.26%) LoadRunner
16 4 (0.20%) VSS/SourceSafe
General
1 972 (49.69%) Finance
2 728 (37.22%) Investment Banking
3 219 (11.20%) Front Office
4 167 (8.54%) Retail
5 126 (6.44%) Retail Banking
6 74 (3.78%) Financial Institution
7 65 (3.32%) Back Office
8 58 (2.97%) Telecoms
9 36 (1.84%) Legal
10 29 (1.48%) Advertising
11 16 (0.82%) Corporate Banking
12 12 (0.61%) Private Banking
13 10 (0.51%) Marketing
13 10 (0.51%) Law
14 9 (0.46%) General Ledger
15 6 (0.31%) Billing
16 5 (0.26%) Games
17 4 (0.20%) Spanish Language
17 4 (0.20%) International Banking
18 3 (0.15%) Publishing
Job Titles
1 597 (30.52%) Analyst
2 479 (24.49%) Developer
3 292 (14.93%) Business Analyst
4 176 (9.00%) Project Manager
5 112 (5.73%) Architect
6 109 (5.57%) Java Developer
7 80 (4.09%) Senior Developer
8 70 (3.58%) Banking Business Analyst
9 67 (3.43%) C# Developer
10 65 (3.32%) Consultant
11 55 (2.81%) Data Analyst
11 55 (2.81%) SQL Developer
12 54 (2.76%) Test Analyst
13 51 (2.61%) Senior Analyst
14 50 (2.56%) Support Analyst
15 39 (1.99%) Programme Manager
16 38 (1.94%) Test Manager
16 38 (1.94%) Technical Analyst
17 36 (1.84%) Tester
17 36 (1.84%) Applications Support
Libraries, Frameworks & Software Standards
1 149 (7.62%) .NET
2 120 (6.13%) HTML
3 78 (3.99%) HTML5
4 56 (2.86%) XML
5 55 (2.81%) Spring
6 53 (2.71%) AngularJS
7 44 (2.25%) Hibernate
7 44 (2.25%) CSS
8 43 (2.20%) jQuery
9 42 (2.15%) WPF
10 40 (2.04%) FIX Protocol
11 36 (1.84%) RESTful
12 32 (1.64%) Web Services
13 31 (1.58%) Middleware
14 28 (1.43%) JMS
15 26 (1.33%) REST
16 22 (1.12%) ASP.NET
17 20 (1.02%) D3.js
18 17 (0.87%) .NET Framework
19 16 (0.82%) WCF
Miscellaneous
1 177 (9.05%) Derivative
2 169 (8.64%) Analytical Skills
3 101 (5.16%) Foreign Exchange (FX)
4 98 (5.01%) Fixed Income
5 70 (3.58%) Equities
6 56 (2.86%) Computer Science
7 54 (2.76%) User Experience
8 49 (2.51%) SWIFT
9 46 (2.35%) Credit Risk
10 42 (2.15%) Market Risk
10 42 (2.15%) Equity Derivative
11 39 (1.99%) Mathematics
12 31 (1.58%) Blackberry
13 28 (1.43%) Mobile Banking
14 27 (1.38%) Mobile App
15 25 (1.28%) Management Information System
16 20 (1.02%) Online Banking
17 18 (0.92%) Replication
18 17 (0.87%) iSeries
19 16 (0.82%) Visualisation
Operating Systems
1 191 (9.76%) Windows
2 180 (9.20%) UNIX
3 142 (7.26%) Linux
4 52 (2.66%) Windows 7
5 32 (1.64%) Solaris
6 30 (1.53%) Windows XP
6 30 (1.53%) Windows Server 2008
7 24 (1.23%) Apple iOS
7 24 (1.23%) Windows Server 2003
8 18 (0.92%) Android
9 16 (0.82%) Windows Server 2012
10 11 (0.56%) Red Hat Enterprise Linux
11 6 (0.31%) AIX
12 5 (0.26%) Windows 8
13 3 (0.15%) Oracle Linux
13 3 (0.15%) SUSE
14 2 (0.10%) HPUX
14 2 (0.10%) Mac OS X
14 2 (0.10%) zOS
15 1 (0.051%) MVS
Processes & Methodologies
1 303 (15.49%) Agile Software Development
2 214 (10.94%) Stakeholder Management
3 180 (9.20%) Project Management
4 157 (8.03%) Business Analysis
5 112 (5.73%) User Acceptance Testing
6 104 (5.32%) ITIL
7 92 (4.70%) TDD
8 91 (4.65%) Migration
9 88 (4.50%) Analytics
10 85 (4.35%) Risk Management
11 84 (4.29%) Data Modelling
12 77 (3.94%) PRINCE2
13 76 (3.89%) Data Analysis
13 76 (3.89%) Low Latency
14 74 (3.78%) Multithreading
15 71 (3.63%) Business Intelligence
16 68 (3.48%) ETL
16 68 (3.48%) Scrum
17 64 (3.27%) OO
18 63 (3.22%) Change Management
Programming Languages
1 455 (23.26%) SQL
2 295 (15.08%) Java
3 163 (8.33%) C#
4 132 (6.75%) JavaScript
5 86 (4.40%) VBA
6 65 (3.32%) C++
7 54 (2.76%) Python
8 42 (2.15%) Perl
9 41 (2.10%) PL/SQL
10 38 (1.94%) C
11 34 (1.74%) T-SQL
12 30 (1.53%) Scala
13 26 (1.33%) Shell Script
14 18 (0.92%) PowerShell
15 17 (0.87%) VB
16 9 (0.46%) VBScript
16 9 (0.46%) RPG
17 6 (0.31%) VB.NET
18 5 (0.26%) RPG IV
18 5 (0.26%) Ruby
Qualifications
1 87 (4.45%) Degree
2 44 (2.25%) ISEB
3 26 (1.33%) Cisco Certification
4 22 (1.12%) PMI Certification
5 19 (0.97%) CCNP
6 17 (0.87%) ISTQB
7 15 (0.77%) CISSP
8 14 (0.72%) PMP
9 13 (0.66%) CCNA
10 12 (0.61%) PRINCE2 Certification
10 12 (0.61%) CISA
11 11 (0.56%) Microsoft Certification
12 10 (0.51%) CCIE
13 9 (0.46%) CISM
13 9 (0.46%) ISEB Practitioner
14 8 (0.41%) OCP
14 8 (0.41%) Oracle Certification
15 7 (0.36%) MCSE
16 5 (0.26%) ITIL Certification
17 4 (0.20%) MCITP
Quality Assurance & Compliance
1 51 (2.61%) QA
2 28 (1.43%) ISO 9001
3 16 (0.82%) SLA
4 14 (0.72%) Dodd-Frank
5 11 (0.56%) Basel III
5 11 (0.56%) FATCA
6 10 (0.51%) EMIR
7 9 (0.46%) Data Quality
8 8 (0.41%) Sarbanes-Oxley
9 7 (0.36%) ISO/IEC 27001
10 5 (0.26%) COBIT
10 5 (0.26%) MiFID
10 5 (0.26%) CRD IV
10 5 (0.26%) COREP
10 5 (0.26%) FINREP
11 3 (0.15%) ISO 9000
11 3 (0.15%) Basel II
12 2 (0.10%) PCI DSS
System Software
1 56 (2.86%) Active Directory
2 22 (1.12%) VMware Infrastructure
3 21 (1.07%) Oracle RAC
4 10 (0.51%) Microsoft App-V
5 6 (0.31%) XenApp
5 6 (0.31%) XenDesktop
6 4 (0.20%) vSphere
6 4 (0.20%) HDFS
6 4 (0.20%) ProxySG
7 3 (0.15%) Citrix Presentation Server
7 3 (0.15%) Hyper-V
7 3 (0.15%) Terminal Services
7 3 (0.15%) Veritas Cluster Server
8 2 (0.10%) SRDF
8 2 (0.10%) XenServer
8 2 (0.10%) VMware ESXi
8 2 (0.10%) VMware ESX
8 2 (0.10%) NFS
8 2 (0.10%) NDS
9 1 (0.051%) MetaFrame
Systems Management
1 39 (1.99%) HP Quality Center
2 14 (0.72%) Control-M
3 13 (0.66%) Tivoli
4 11 (0.56%) SCCM
4 11 (0.56%) Data Guard
5 10 (0.51%) Oracle RMAN
6 9 (0.46%) SCOM
6 9 (0.46%) ITRS Geneos
7 7 (0.36%) Cisco Prime
8 6 (0.31%) CA Single Sign-On
8 6 (0.31%) Netcool
9 5 (0.26%) Tivoli Storage Manager
9 5 (0.26%) Puppet
9 5 (0.26%) Oracle Identity Manager
9 5 (0.26%) Cisco CUCM
9 5 (0.26%) Symantec Enterprise Vault
10 4 (0.20%) Vagrant
10 4 (0.20%) Opscode Chef
10 4 (0.20%) Tivoli Identity Manager
11 3 (0.15%) Systems Management Server (SMS)
Vendors
1 215 (10.99%) Oracle
2 136 (6.95%) Microsoft
3 70 (3.58%) Cisco
4 59 (3.02%) Sybase
5 49 (2.51%) IBM
6 38 (1.94%) Citrix
7 37 (1.89%) VMware
8 32 (1.64%) HP
9 29 (1.48%) TIBCO
10 28 (1.43%) Bloomberg
10 28 (1.43%) CheckPoint
10 28 (1.43%) F5
11 26 (1.33%) SAP
12 24 (1.23%) Reuters
13 21 (1.07%) Murex
14 20 (1.02%) Informatica
15 19 (0.97%) Business Objects
16 18 (0.92%) Adobe
16 18 (0.92%) EMC
17 17 (0.87%) Juniper
City, London
Aston Carter
Rate: £400 - £600 per annum
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £700 per day
Posted: 2 days ago
City, London
Parallel Consulting
Rate: £575 - £600 per day
Posted: 2 days ago
City, London
The People Network
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: Market Rate
Posted: 2 days ago
City, London
Aston Carter
Rate: £400 - £600 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £200 - £250 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £700 - £800 per day
Posted: 3 days ago
City, London
Lorien Resourcing
Posted: 3 days ago
City, London
Sanderson
Rate: £375 - £413 per day
Posted: 3 days ago
City, London
Hydrogen Group
Rate: £10.00 - £413.00 per day
Posted: 3 days ago
City, London
The People Network
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
Lorien Resourcing
Rate: Market Rate
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: (competitive)
Posted: 3 days ago
City, London
Oscar Associates (UK) Ltd
Posted: 3 days ago
City, London
TEKsystems
Rate: £550 - £750 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: 4 days ago