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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Banking
Rank 6 3 3
Rank change year-on-year
-3 0
Contract jobs citing Banking 874 1419 1403
As % of all contract IT jobs located in the City of London 17.21% 23.99% 24.89%
As % of the General category 33.01% 42.86% 43.99%
Number of daily rates quoted 691 1145 1146
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £525 £475
Average daily rate % change year-on-year
-4.76% +10.52%
90% offered a daily rate of more than £325 £369 £325
10% offered a daily rate of more than £625 £650 £615
UK excluding London average daily rate £425 £400 £375
% change year-on-year
+6.25% +6.66%
Number of hourly rates quoted 2 11 9
Average hourly rate £35.63 £22.50 £27.50
Average hourly rate % change year-on-year
+58.33% -18.18%
90% offered a hourly rate of more than £24.13 £18.50 £10.80
10% offered a hourly rate of more than £47.13 £70.00 £60.90
UK excluding London average hourly rate £10.44 £9.96 £15.88
% change year-on-year
+4.81% -37.25%
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
2648 3311 3189
As % of all contract IT jobs located in the City of London 52.16% 55.99% 56.58%
Number of daily rates quoted 2063 2492 2475
Average daily rate £475 £500 £471
Average daily rate % change year-on-year
-5.00% +6.26%
90% offered a daily rate of more than £300 £325 £315
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 49 49
Average hourly rate £17.87 £20.00 £22.50
Average hourly rate % change year-on-year
-10.67% -11.11%
90% offered a hourly rate of more than £13.25 £12.30 £13.40
10% offered a hourly rate of more than £28.45 £42.50 £52.70
UK excluding London average hourly rate £26.25 £22.00 £25.00
% change year-on-year
+19.31% -12.00%

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 30 January 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 30 January 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 30 January 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.

1 946 (47.83%) Finance
2 763 (38.57%) Investment Banking
3 436 (22.04%) SQL
4 300 (15.17%) Java
5 298 (15.07%) Agile Software Development
6 247 (12.49%) Oracle
7 236 (11.93%) Front Office
8 235 (11.88%) Windows
9 221 (11.17%) Stakeholder Management
10 202 (10.21%) UNIX
11 198 (10.01%) Project Management
12 191 (9.66%) Microsoft
13 173 (8.75%) C#
14 168 (8.49%) SQL Server
15 163 (8.24%) Linux
16 161 (8.14%) Analytical Skills
17 154 (7.79%) Derivative
18 153 (7.74%) .NET
19 152 (7.68%) Retail
20 145 (7.33%) MS Excel
21 138 (6.98%) Business Analysis
22 125 (6.32%) Foreign Exchange (FX)
23 123 (6.22%) JavaScript
24 113 (5.71%) HTML
25 111 (5.61%) Retail Banking
26 106 (5.36%) User Acceptance Testing
27 103 (5.21%) ITIL
27 103 (5.21%) Multithreading
28 102 (5.16%) MS Office
29 99 (5.01%) Fixed Income

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

For the 6 months to 30 January 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 47 (2.38%) SharePoint
2 36 (1.82%) MS Exchange
3 34 (1.72%) WebSphere
4 29 (1.47%) CMS
5 25 (1.26%) Tomcat
6 19 (0.96%) Exchange Server 2010
7 17 (0.86%) Blackberry Enterprise Server
8 16 (0.81%) WebLogic
9 15 (0.76%) IBM Notes
10 14 (0.71%) Exchange Server 2007
11 13 (0.66%) SAS
11 13 (0.66%) JBoss
11 13 (0.66%) IIS
12 10 (0.51%) BizTalk Server
13 9 (0.46%) Lync
14 8 (0.40%) Node.js
14 8 (0.40%) WebSphere Application Server
14 8 (0.40%) Oracle Coherence
15 7 (0.35%) GlassFish
15 7 (0.35%) Apache
Applications
1 145 (7.33%) MS Excel
2 102 (5.16%) MS Office
3 60 (3.03%) MS PowerPoint
4 36 (1.82%) MS Visio
5 30 (1.52%) MS Project
6 16 (0.81%) Spreadsheet
7 15 (0.76%) Adobe Illustrator
8 14 (0.71%) Photoshop
9 5 (0.25%) Acrobat
10 4 (0.20%) Adobe Creative Suite
11 3 (0.15%) InDesign
12 1 (0.051%) Open Workbench
12 1 (0.051%) RoboHelp
Business Applications
1 12 (0.61%) Markit EDM
2 11 (0.56%) RMDS
2 11 (0.56%) Oracle Cash Management
3 10 (0.51%) Dynamics CRM
4 8 (0.40%) ION MarketView
4 8 (0.40%) assyst
5 7 (0.35%) Summit
5 7 (0.35%) Remedy ITSM
6 6 (0.30%) IntelliMatch
6 6 (0.30%) SunGard GMI
6 6 (0.30%) Cognos TM1
7 5 (0.25%) Temenos T24
7 5 (0.25%) Oracle EBS
7 5 (0.25%) Global One
7 5 (0.25%) HiPortfolio
8 4 (0.20%) SunGard Martini
9 3 (0.15%) Cognos Business Intelligence
9 3 (0.15%) BASE24
9 3 (0.15%) Eagle PACE
9 3 (0.15%) Algo Collateral
Cloud Services
1 11 (0.56%) Cloud Computing
1 11 (0.56%) SaaS
2 5 (0.25%) Office 365
3 3 (0.15%) Microsoft Azure
4 2 (0.10%) IaaS
4 2 (0.10%) Force.com
4 2 (0.10%) Amazon S3
4 2 (0.10%) Amazon AWS
5 1 (0.051%) IBM Blueworks
5 1 (0.051%) Amazon EC2
5 1 (0.051%) PaaS
5 1 (0.051%) GitHub
5 1 (0.051%) LucidChart
Communications & Networking
1 54 (2.73%) Firewall
2 44 (2.22%) Internet
3 34 (1.72%) TCP/IP
3 34 (1.72%) LAN
4 27 (1.37%) WAN
5 25 (1.26%) VPN
6 24 (1.21%) DNS
6 24 (1.21%) OSPF
7 23 (1.16%) BGP
8 22 (1.11%) SAN
9 20 (1.01%) Multicast
9 20 (1.01%) Network Security
10 18 (0.91%) Wireless
11 14 (0.71%) Cisco IOS
12 13 (0.66%) EIGRP
13 12 (0.61%) MPLS
14 11 (0.56%) VLAN
15 10 (0.51%) HSRP
15 10 (0.51%) Intranet
15 10 (0.51%) DHCP
Database & Business Intelligence
1 168 (8.49%) SQL Server
2 83 (4.20%) Data Warehouse
3 76 (3.84%) SQL Server Integration Services
4 61 (3.08%) Relational Database
5 48 (2.43%) Big Data
6 45 (2.28%) SQL Server Reporting Services
7 44 (2.22%) Oracle Database
8 34 (1.72%) SQL Server 2008
9 25 (1.26%) SQL Server Analysis Services
9 25 (1.26%) RDBMS
10 21 (1.06%) Hadoop
11 15 (0.76%) MS Access
11 15 (0.76%) DB2
12 14 (0.71%) Data Mining
13 13 (0.66%) Oracle Database 11g
13 13 (0.66%) QlikView
13 13 (0.66%) MongoDB
13 13 (0.66%) SQL Server 2012
14 11 (0.56%) NoSQL
15 9 (0.46%) Oracle BI EE
Development Applications
1 43 (2.17%) Maven
2 36 (1.82%) JIRA
3 28 (1.42%) TeamCity
4 24 (1.21%) Visual Studio
5 23 (1.16%) JUnit
6 20 (1.01%) Ant
7 19 (0.96%) Subversion
8 18 (0.91%) Selenium
9 16 (0.81%) WebDriver
10 13 (0.66%) CruiseControl
10 13 (0.66%) Git (software)
11 12 (0.61%) Bower
11 12 (0.61%) Grunt
12 10 (0.51%) Team Foundation Server
12 10 (0.51%) QuickTest Pro
13 9 (0.46%) NUnit
13 9 (0.46%) Mockito
13 9 (0.46%) Cucumber
14 7 (0.35%) MSI
15 5 (0.25%) FitNesse
General
1 946 (47.83%) Finance
2 763 (38.57%) Investment Banking
3 236 (11.93%) Front Office
4 152 (7.68%) Retail
5 111 (5.61%) Retail Banking
6 72 (3.64%) Financial Institution
7 71 (3.59%) Back Office
8 56 (2.83%) Telecoms
9 33 (1.67%) Legal
10 30 (1.52%) Advertising
11 15 (0.76%) Marketing
12 13 (0.66%) Corporate Banking
13 12 (0.61%) Private Banking
14 10 (0.51%) Law
15 8 (0.40%) Spanish Language
16 6 (0.30%) International Banking
16 6 (0.30%) Billing
16 6 (0.30%) General Ledger
17 5 (0.25%) French Language
18 4 (0.20%) Games
Job Titles
1 583 (29.47%) Analyst
2 486 (24.57%) Developer
3 273 (13.80%) Business Analyst
4 179 (9.05%) Project Manager
5 116 (5.86%) Java Developer
6 110 (5.56%) Architect
7 76 (3.84%) Senior Developer
8 75 (3.79%) Banking Business Analyst
9 70 (3.54%) Consultant
10 68 (3.44%) Support Analyst
11 65 (3.29%) C# Developer
12 62 (3.13%) SQL Developer
13 53 (2.68%) Senior Analyst
14 49 (2.48%) Test Analyst
15 47 (2.38%) Applications Support
15 47 (2.38%) Data Analyst
16 38 (1.92%) Designer
17 36 (1.82%) Test Manager
18 35 (1.77%) Administrator
19 34 (1.72%) Programme Manager
Libraries, Frameworks & Software Standards
1 153 (7.74%) .NET
2 113 (5.71%) HTML
3 61 (3.08%) HTML5
4 60 (3.03%) Spring
5 59 (2.98%) XML
6 49 (2.48%) Middleware
7 48 (2.43%) Web Services
8 47 (2.38%) CSS
9 45 (2.28%) WPF
10 44 (2.22%) jQuery
11 41 (2.07%) Hibernate
12 33 (1.67%) FIX Protocol
12 33 (1.67%) ASP.NET
13 31 (1.57%) AngularJS
14 30 (1.52%) RESTful
15 28 (1.42%) JMS
16 27 (1.37%) .NET Framework
16 27 (1.37%) J2EE
17 21 (1.06%) WCF
17 21 (1.06%) REST
Miscellaneous
1 161 (8.14%) Analytical Skills
2 154 (7.79%) Derivative
3 125 (6.32%) Foreign Exchange (FX)
4 99 (5.01%) Fixed Income
5 61 (3.08%) Equities
6 58 (2.93%) Market Risk
7 52 (2.63%) User Experience
8 50 (2.53%) Computer Science
9 49 (2.48%) Credit Risk
10 44 (2.22%) SWIFT
11 40 (2.02%) Blackberry
12 37 (1.87%) Mobile Banking
13 33 (1.67%) Equity Derivative
14 32 (1.62%) Mathematics
14 32 (1.62%) Mobile App
15 24 (1.21%) Management Information System
16 21 (1.06%) Online Banking
17 20 (1.01%) Data Structures
18 18 (0.91%) Replication
19 16 (0.81%) iSeries
Operating Systems
1 235 (11.88%) Windows
2 202 (10.21%) UNIX
3 163 (8.24%) Linux
4 63 (3.19%) Windows 7
5 41 (2.07%) Windows Server 2008
6 39 (1.97%) Solaris
7 33 (1.67%) Windows XP
8 30 (1.52%) Apple iOS
9 27 (1.37%) Android
10 26 (1.31%) Windows Server 2003
11 24 (1.21%) Red Hat Enterprise Linux
12 15 (0.76%) Windows Server 2012
13 7 (0.35%) AIX
14 6 (0.30%) SUSE
15 4 (0.20%) Oracle Linux
16 3 (0.15%) HPUX
16 3 (0.15%) Mac OS X
17 2 (0.10%) Windows 8
17 2 (0.10%) zOS
17 2 (0.10%) Ubuntu
Processes & Methodologies
1 298 (15.07%) Agile Software Development
2 221 (11.17%) Stakeholder Management
3 198 (10.01%) Project Management
4 138 (6.98%) Business Analysis
5 106 (5.36%) User Acceptance Testing
6 103 (5.21%) ITIL
6 103 (5.21%) Multithreading
7 96 (4.85%) Low Latency
8 95 (4.80%) Risk Management
9 88 (4.45%) Migration
10 84 (4.25%) OO
11 76 (3.84%) TDD
12 71 (3.59%) Business Intelligence
12 71 (3.59%) PRINCE2
12 71 (3.59%) Data Analysis
13 64 (3.24%) Scrum
14 62 (3.13%) Data Modelling
15 61 (3.08%) ETL
16 60 (3.03%) Analytics
16 60 (3.03%) Change Management
Programming Languages
1 436 (22.04%) SQL
2 300 (15.17%) Java
3 173 (8.75%) C#
4 123 (6.22%) JavaScript
5 85 (4.30%) VBA
6 83 (4.20%) C++
7 58 (2.93%) Python
8 55 (2.78%) Perl
9 41 (2.07%) PowerShell
10 35 (1.77%) PL/SQL
10 35 (1.77%) Shell Script
11 32 (1.62%) T-SQL
11 32 (1.62%) C
12 23 (1.16%) Scala
13 20 (1.01%) VB
14 16 (0.81%) VBScript
15 11 (0.56%) RPG
16 8 (0.40%) Ruby
17 7 (0.35%) VB6
17 7 (0.35%) VB.NET
Qualifications
1 99 (5.01%) Degree
2 38 (1.92%) ISEB
3 31 (1.57%) Cisco Certification
4 28 (1.42%) CCNP
5 24 (1.21%) PMI Certification
6 17 (0.86%) PMP
7 11 (0.56%) CCNA
7 11 (0.56%) CISSP
8 10 (0.51%) CISM
9 9 (0.46%) CCIE
9 9 (0.46%) PRINCE2 Certification
9 9 (0.46%) Microsoft Certification
10 8 (0.40%) ISEB Practitioner
11 7 (0.35%) CCSE
11 7 (0.35%) ITIL Certification
11 7 (0.35%) Security Cleared
12 6 (0.30%) IIBA
12 6 (0.30%) ISTQB
13 5 (0.25%) MBA
13 5 (0.25%) CBAP
Quality Assurance & Compliance
1 50 (2.53%) QA
2 41 (2.07%) ISO 9001
3 18 (0.91%) SLA
4 17 (0.86%) EMIR
5 16 (0.81%) Dodd-Frank
6 10 (0.51%) Sarbanes-Oxley
7 8 (0.40%) Data Quality
8 7 (0.35%) MiFID
8 7 (0.35%) COBIT
9 5 (0.25%) ISO/IEC 27001
9 5 (0.25%) CRD IV
9 5 (0.25%) FINREP
10 4 (0.20%) COREP
10 4 (0.20%) Basel III
10 4 (0.20%) FATCA
11 3 (0.15%) ISO 9000
12 2 (0.10%) Basel II
13 1 (0.051%) WAI
13 1 (0.051%) GAAP
System Software
1 64 (3.24%) Active Directory
2 25 (1.26%) VMware Infrastructure
3 15 (0.76%) Oracle RAC
4 13 (0.66%) Oracle RMAN
5 11 (0.56%) Microsoft App-V
5 11 (0.56%) XenApp
5 11 (0.56%) XenDesktop
5 11 (0.56%) vSphere
6 9 (0.46%) Veritas Cluster Server
7 6 (0.30%) XenServer
8 5 (0.25%) Veritas Volume Manager
9 4 (0.20%) VMware ESXi
9 4 (0.20%) Hyper-V
9 4 (0.20%) RACF
9 4 (0.20%) VMware ESX
9 4 (0.20%) ProxySG
10 3 (0.15%) Citrix Presentation Server
10 3 (0.15%) Terminal Services
10 3 (0.15%) NFS
10 3 (0.15%) SRDF
Systems Management
1 50 (2.53%) HP Quality Center
2 26 (1.31%) Control-M
3 21 (1.06%) Tivoli
4 17 (0.86%) SCCM
5 10 (0.51%) ITRS Geneos
6 9 (0.46%) Tivoli Storage Manager
6 9 (0.46%) BMC PATROL
7 8 (0.40%) Symantec Enterprise Vault
7 8 (0.40%) Data Guard
7 8 (0.40%) SCOM
8 7 (0.35%) Puppet
8 7 (0.35%) Cisco CUCM
9 5 (0.25%) NetBackup
9 5 (0.25%) Forefront Identity Manager
9 5 (0.25%) Opscode Chef
10 3 (0.15%) DameWare
10 3 (0.15%) Oracle Identity Manager
10 3 (0.15%) Vagrant
11 2 (0.10%) Cisco Prime
11 2 (0.10%) SCOrch
Vendors
1 247 (12.49%) Oracle
2 191 (9.66%) Microsoft
3 67 (3.39%) Cisco
4 66 (3.34%) Sybase
5 51 (2.58%) Citrix
6 49 (2.48%) VMware
7 43 (2.17%) HP
8 35 (1.77%) CheckPoint
9 32 (1.62%) Bloomberg
9 32 (1.62%) F5
10 31 (1.57%) Red Hat
11 28 (1.42%) Murex
12 24 (1.21%) SAP
12 24 (1.21%) IBM
12 24 (1.21%) Juniper
13 23 (1.16%) Reuters
13 23 (1.16%) Business Objects
14 22 (1.11%) TIBCO
15 21 (1.06%) Informatica
16 18 (0.91%) EMC
City, London
TEKsystems
Rate: market rate
Posted: 1 hour ago
City, London
Hays Finance Technology
Rate: £500.00 - £650.00 per day
Posted: 1 hour ago
City, London
Hatstand Limited
Rate: £450 - £600 per day
Posted: 4 hours ago
City, London
Lorien Resourcing
Posted: 7 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £750.00 - £900.00 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £450 - £550 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £400 - £600 per day
Posted: Yesterday
City, London
ComputAppoint
Rate: £500 - £600 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £450 - £700 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £850 per day
Posted: Yesterday
City, London
TEKsystems
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £575 - £625 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
TRG
Rate: £515 Per Day Plus excellent benefits
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day + depending on experience
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £400 - £550 per day + depending on experience
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
Lorien Resourcing
Posted: 2 days ago