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 August 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
29 Aug 2014
Same period 2013 Same period 2012
Banking
Rank 4 3 3
Rank change year-on-year
-1 0
Contract jobs citing Banking 1124 1991 2093
As % of all contract IT jobs located in the City of London 19.05% 27.47% 26.79%
As % of the General category 37.62% 46.91% 44.07%
Number of daily rates quoted 842 1527 1626
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £500 £488
Average daily rate % change year-on-year
- +2.56%
90% offered a daily rate of more than £325 £350 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £400 £396 £380
% change year-on-year
+1.01% +4.21%
Number of hourly rates quoted 4 25 8
Average hourly rate £20.25 £19.50 £31.00
Average hourly rate % change year-on-year
+3.84% -37.09%
90% offered a hourly rate of more than £18.30 £12.90 £16.75
10% offered a hourly rate of more than £21.85 £40.00 £119.40
UK excluding London average hourly rate £17.25 £21.25 £19.25
% change year-on-year
-18.82% +10.38%
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
2988 4244 4749
As % of all contract IT jobs located in the City of London 50.65% 58.55% 60.78%
Number of daily rates quoted 2213 3158 3573
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £320 £301
10% offered a daily rate of more than £638 £625 £625
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 28 65 69
Average hourly rate £19.00 £20.50 £20.50
Average hourly rate % change year-on-year
-7.31% -
90% offered a hourly rate of more than £11.00 £13.50 £15.00
10% offered a hourly rate of more than £31.02 £52.05 £52.30
UK excluding London average hourly rate £22.50 £22.50 £29.00
% change year-on-year
- -22.41%

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 August 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 29 August 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 (47.19%) Finance
2 998 (41.60%) Investment Banking
3 530 (22.09%) SQL
4 340 (14.17%) Oracle
5 332 (13.84%) Java
6 309 (12.88%) Front Office
7 282 (11.75%) Windows
8 277 (11.55%) C#
9 250 (10.42%) Project Management
10 246 (10.25%) SQL Server
11 236 (9.84%) Linux
11 236 (9.84%) Microsoft
12 225 (9.38%) UNIX
13 221 (9.21%) Stakeholder Management
14 199 (8.30%) .NET
15 197 (8.21%) Retail
16 171 (7.13%) Degree
17 170 (7.09%) Agile Software Development
18 167 (6.96%) Foreign Exchange (FX)
19 158 (6.59%) Business Analysis
20 151 (6.29%) Derivative
21 138 (5.75%) Retail Banking
22 133 (5.54%) ITIL
23 132 (5.50%) MS Excel
24 131 (5.46%) Fixed Income
25 125 (5.21%) Multithreading
26 118 (4.92%) TDD
27 114 (4.75%) HTML
28 112 (4.67%) Credit Risk
29 108 (4.50%) C++

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

For the 6 months to 29 August 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 62 (2.58%) WebSphere
2 61 (2.54%) SharePoint
3 45 (1.88%) WebLogic
4 33 (1.38%) Tomcat
5 32 (1.33%) CMS
5 32 (1.33%) Oracle Coherence
6 25 (1.04%) SAS
7 24 (1.00%) MS Exchange
7 24 (1.00%) IBM Notes
8 23 (0.96%) BizTalk Server
9 20 (0.83%) Apache
10 14 (0.58%) Exchange Server 2010
11 13 (0.54%) Exchange Server 2007
11 13 (0.54%) GlassFish
12 12 (0.50%) IIS
13 11 (0.46%) SharePoint 2010
13 11 (0.46%) Lync
14 10 (0.42%) SharePoint 2013
15 8 (0.33%) MQSeries
15 8 (0.33%) TIBCO EMS
Applications
1 132 (5.50%) MS Excel
2 95 (3.96%) MS Office
3 82 (3.42%) MS PowerPoint
4 38 (1.58%) MS Visio
5 32 (1.33%) MS Project
6 22 (0.92%) Photoshop
7 17 (0.71%) 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 (0.083%) InDesign
12 1 (0.042%) Stata
12 1 (0.042%) SPSS
12 1 (0.042%) InfoPath
Business Applications
1 12 (0.50%) Temenos T24
2 11 (0.46%) Dynamics CRM
3 10 (0.42%) RMDS
3 10 (0.42%) Markit EDM
4 9 (0.38%) ION MarketView
4 9 (0.38%) Summit
5 8 (0.33%) Oracle EBS
6 7 (0.29%) Cognos Business Intelligence
7 6 (0.25%) Cognos TM1
7 6 (0.25%) Oracle Applications
8 5 (0.21%) Oracle EBS R12
8 5 (0.21%) Oracle BPM
9 4 (0.17%) LatentZero
10 3 (0.13%) Adaptiv
10 3 (0.13%) Front Arena
10 3 (0.13%) Oracle HRMS
10 3 (0.13%) SAP Oil and Gas
10 3 (0.13%) Loan IQ
10 3 (0.13%) Oracle Subledger Accounting
10 3 (0.13%) Bloomberg TOMS
Cloud Services
1 11 (0.46%) SaaS
2 5 (0.21%) Cloud Computing
3 4 (0.17%) Office 365
3 4 (0.17%) GitHub
4 2 (0.083%) Amazon EC2
5 1 (0.042%) Microsoft Azure
5 1 (0.042%) Amazon AWS
5 1 (0.042%) Force.com
5 1 (0.042%) OpenShift
5 1 (0.042%) Responsys
5 1 (0.042%) PaaS
Communications & Networking
1 66 (2.75%) Firewall
2 40 (1.67%) SAN
3 37 (1.54%) Internet
4 26 (1.08%) TCP/IP
5 24 (1.00%) Multicast
6 23 (0.96%) DNS
7 22 (0.92%) EIGRP
8 20 (0.83%) VLAN
9 18 (0.75%) VoIP
9 18 (0.75%) WAN
10 17 (0.71%) Intranet
10 17 (0.71%) Network Security
11 16 (0.67%) LAN
12 13 (0.54%) BGP
12 13 (0.54%) NetScaler
13 10 (0.42%) NAS
13 10 (0.42%) LDAP
13 10 (0.42%) VPN
14 9 (0.38%) OSPF
15 8 (0.33%) DHCP
Database & Business Intelligence
1 246 (10.25%) SQL Server
2 88 (3.67%) Oracle Database
3 84 (3.50%) Data Warehouse
4 74 (3.08%) Relational Database
5 65 (2.71%) SQL Server Integration Services
6 51 (2.13%) SQL Server 2008
7 40 (1.67%) SQL Server Reporting Services
8 37 (1.54%) RDBMS
9 32 (1.33%) SQL Server Analysis Services
10 31 (1.29%) Oracle Database 11g
11 30 (1.25%) Oracle Database 10g
12 22 (0.92%) MongoDB
13 20 (0.83%) Big Data
13 20 (0.83%) MS Access
14 19 (0.79%) QlikView
15 18 (0.75%) SQL Server 2005
16 16 (0.67%) Sybase ASE
16 16 (0.67%) Data Mining
17 14 (0.58%) Oracle BI EE
18 13 (0.54%) DB2
Development Applications
1 47 (1.96%) JIRA
2 45 (1.88%) Maven
3 44 (1.83%) JUnit
4 36 (1.50%) TeamCity
5 34 (1.42%) Subversion
6 23 (0.96%) CruiseControl
7 22 (0.92%) Selenium
8 19 (0.79%) Visual Studio
8 19 (0.79%) Ant
9 18 (0.75%) Team Foundation Server
10 17 (0.71%) NUnit
11 16 (0.67%) Eclipse
11 16 (0.67%) Git (software)
12 15 (0.63%) Jenkins
12 15 (0.63%) QuickTest Pro
13 13 (0.54%) Mockito
14 12 (0.50%) WebDriver
15 11 (0.46%) Cucumber
16 10 (0.42%) LoadRunner
17 8 (0.33%) FitNesse
General
1 1132 (47.19%) Finance
2 998 (41.60%) Investment Banking
3 309 (12.88%) Front Office
4 197 (8.21%) Retail
5 138 (5.75%) Retail Banking
6 92 (3.83%) Back Office
7 58 (2.42%) Financial Institution
8 55 (2.29%) Legal
9 50 (2.08%) Telecoms
10 36 (1.50%) Advertising
11 35 (1.46%) Corporate Banking
12 33 (1.38%) Marketing
13 25 (1.04%) Private Banking
14 22 (0.92%) International Banking
15 13 (0.54%) French Language
16 9 (0.38%) German Language
16 9 (0.38%) Games
17 8 (0.33%) Billing
18 7 (0.29%) General Ledger
19 5 (0.21%) Publishing
Job Titles
1 629 (26.22%) Analyst
2 598 (24.93%) Developer
3 372 (15.51%) Business Analyst
4 247 (10.30%) Project Manager
5 149 (6.21%) Java Developer
6 93 (3.88%) C# Developer
6 93 (3.88%) Architect
7 82 (3.42%) Senior Developer
8 77 (3.21%) Banking Business Analyst
9 74 (3.08%) Consultant
10 62 (2.58%) Administrator
11 53 (2.21%) SQL Developer
12 51 (2.13%) Programme Manager
13 49 (2.04%) Support Analyst
14 48 (2.00%) Data Analyst
15 47 (1.96%) DBA
16 46 (1.92%) .NET Developer
17 44 (1.83%) Test Manager
18 43 (1.79%) C++ Developer
19 39 (1.63%) Senior Manager
Libraries, Frameworks & Software Standards
1 199 (8.30%) .NET
2 114 (4.75%) HTML
3 105 (4.38%) Spring
4 72 (3.00%) CSS
5 71 (2.96%) XML
6 65 (2.71%) ASP.NET
7 64 (2.67%) Middleware
8 63 (2.63%) Web Services
9 59 (2.46%) WPF
10 52 (2.17%) HTML5
11 50 (2.08%) WCF
11 50 (2.08%) J2EE
12 48 (2.00%) Hibernate
13 46 (1.92%) .NET Framework
13 46 (1.92%) jQuery
14 42 (1.75%) JMS
15 30 (1.25%) ASP.NET MVC
16 28 (1.17%) Java EE
17 26 (1.08%) FIX Protocol
18 25 (1.04%) JDBC
Miscellaneous
1 167 (6.96%) Foreign Exchange (FX)
2 151 (6.29%) Derivative
3 131 (5.46%) Fixed Income
4 112 (4.67%) Credit Risk
5 87 (3.63%) Market Risk
6 70 (2.92%) Equities
7 52 (2.17%) Computer Science
8 40 (1.67%) Mobile Banking
9 35 (1.46%) Management Information System
10 32 (1.33%) Mathematics
10 32 (1.33%) SWIFT
11 26 (1.08%) Mobile App
12 23 (0.96%) Equity Derivative
13 22 (0.92%) Reference Data
13 22 (0.92%) Hedge funds
14 20 (0.83%) Replication
15 18 (0.75%) Mobile Payment
16 17 (0.71%) Enterprise Software
16 17 (0.71%) Blackberry
16 17 (0.71%) Online Banking
Operating Systems
1 282 (11.75%) Windows
2 236 (9.84%) Linux
3 225 (9.38%) UNIX
4 60 (2.50%) Solaris
5 59 (2.46%) Windows 7
6 50 (2.08%) Red Hat Enterprise Linux
7 34 (1.42%) Windows Server 2008
8 29 (1.21%) Windows Server 2003
9 22 (0.92%) Apple iOS
10 19 (0.79%) Windows XP
11 16 (0.67%) Android
12 11 (0.46%) AIX
13 5 (0.21%) zOS
13 5 (0.21%) Windows 2000 Server
13 5 (0.21%) Windows Server 2012
14 4 (0.17%) Windows 8
14 4 (0.17%) SUSE
14 4 (0.17%) Windows 2000
15 3 (0.13%) HPUX
16 2 (0.083%) VMS
Processes & Methodologies
1 250 (10.42%) Project Management
2 221 (9.21%) Stakeholder Management
3 170 (7.09%) Agile Software Development
4 158 (6.59%) Business Analysis
5 133 (5.54%) ITIL
6 125 (5.21%) Multithreading
7 118 (4.92%) TDD
8 104 (4.34%) OO
9 101 (4.21%) Risk Management
9 101 (4.21%) User Acceptance Testing
10 95 (3.96%) Scrum
11 90 (3.75%) Analytics
12 89 (3.71%) Low Latency
13 84 (3.50%) Migration
13 84 (3.50%) Data Analysis
13 84 (3.50%) Data Modelling
14 79 (3.29%) Business Intelligence
14 79 (3.29%) Change Management
15 74 (3.08%) PRINCE2
16 73 (3.04%) MVC
Programming Languages
1 530 (22.09%) SQL
2 332 (13.84%) Java
3 277 (11.55%) C#
4 108 (4.50%) C++
5 103 (4.29%) JavaScript
6 102 (4.25%) Python
7 83 (3.46%) Perl
8 67 (2.79%) PL/SQL
9 62 (2.58%) VBA
10 61 (2.54%) PowerShell
11 59 (2.46%) Shell Script
12 47 (1.96%) C
12 47 (1.96%) T-SQL
13 28 (1.17%) VB
14 27 (1.13%) VBScript
15 14 (0.58%) Bash Shell
16 11 (0.46%) XAML
16 11 (0.46%) Scala
17 10 (0.42%) Ruby
17 10 (0.42%) Korn
Qualifications
1 171 (7.13%) Degree
2 38 (1.58%) ISEB
3 32 (1.33%) Cisco Certification
4 28 (1.17%) CCNP
5 21 (0.88%) PRINCE2 Certification
5 21 (0.88%) PMI Certification
6 17 (0.71%) ISTQB
7 16 (0.67%) PMP
8 15 (0.63%) Citrix Certification
9 13 (0.54%) ITIL Certification
10 12 (0.50%) CCVP
10 12 (0.50%) Microsoft Certification
11 11 (0.46%) CISSP
12 9 (0.38%) CCEA
13 8 (0.33%) CCEE
14 7 (0.29%) CCA
14 7 (0.29%) MCSE
15 6 (0.25%) ISTQB Foundation Certification
15 6 (0.25%) IIBA
16 5 (0.21%) MCP
Quality Assurance & Compliance
1 82 (3.42%) QA
2 53 (2.21%) ISO 9001
3 39 (1.63%) EMIR
4 28 (1.17%) Basel III
5 26 (1.08%) Dodd-Frank
6 15 (0.63%) FATCA
6 15 (0.63%) Sarbanes-Oxley
7 14 (0.58%) SLA
7 14 (0.58%) Data Quality
8 12 (0.50%) MiFID
9 8 (0.33%) WAI
9 8 (0.33%) COREP
10 6 (0.25%) CRD IV
11 4 (0.17%) COBIT
12 3 (0.13%) Basel II
13 2 (0.083%) 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 85 (3.54%) Active Directory
2 40 (1.67%) XenApp
3 37 (1.54%) VMware Infrastructure
4 25 (1.04%) Oracle RMAN
5 21 (0.88%) Microsoft App-V
6 16 (0.67%) Oracle RAC
7 15 (0.63%) XenServer
8 9 (0.38%) VMware ESX
8 9 (0.38%) vSphere
9 8 (0.33%) Veritas Cluster Server
9 8 (0.33%) XenDesktop
10 7 (0.29%) Veritas Volume Manager
11 5 (0.21%) RACF
12 4 (0.17%) NFS
12 4 (0.17%) Hyper-V
13 3 (0.13%) Sendmail
13 3 (0.13%) SRDF
13 3 (0.13%) VMware ESXi
13 3 (0.13%) ACF2
13 3 (0.13%) Terminal Server
Systems Management
1 44 (1.83%) SCCM
2 39 (1.63%) Tivoli
3 33 (1.38%) HP Quality Center
4 19 (0.79%) Control-M
5 16 (0.67%) Data Guard
6 15 (0.63%) Cisco UCCE
6 15 (0.63%) Cisco UCCX
6 15 (0.63%) Cisco CUCM
7 14 (0.58%) NetBackup
8 13 (0.54%) Puppet
8 13 (0.54%) ITRS Geneos
9 12 (0.50%) Tivoli Storage Manager
10 7 (0.29%) BMC PATROL
11 5 (0.21%) SCOM
12 4 (0.17%) BladeLogic
13 3 (0.13%) Nagios
13 3 (0.13%) Tivoli Monitoring
13 3 (0.13%) Systems Management Server (SMS)
13 3 (0.13%) Symantec Enterprise Vault
13 3 (0.13%) Opscode Chef
Vendors
1 340 (14.17%) Oracle
2 236 (9.84%) Microsoft
3 107 (4.46%) Sybase
4 87 (3.63%) Citrix
5 58 (2.42%) Red Hat
6 56 (2.33%) VMware
7 51 (2.13%) Cisco
8 49 (2.04%) HP
9 45 (1.88%) IBM
9 45 (1.88%) Business Objects
10 38 (1.58%) Bloomberg
11 33 (1.38%) CheckPoint
11 33 (1.38%) TIBCO
12 31 (1.29%) Cognos
13 29 (1.21%) JBoss
14 28 (1.17%) EMC
15 27 (1.13%) Informatica
15 27 (1.13%) Murex
16 24 (1.00%) Lotus
17 21 (0.88%) Reuters
City, London
Lawrence Harvey Enterprise
Rate: £450.00 per day
Posted: 2 hours ago
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 19 hours ago
City, London
McGregor Boyall
Rate: £460 - £600 per day
Posted: 21 hours ago
City, London
Aston Carter
Rate: £350 - £400 per day
Posted: Yesterday
City, London
Sanderson
Rate: £500 - £600 per week
Posted: Yesterday
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Sanderson
Rate: £400 - £450 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: Yesterday
City, London
Sanderson
Rate: £380 - £400 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £450 - £550 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £600 - £675 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £525 - £550 per day
Posted: Yesterday
City, London
I.T. Skillfinder
Rate: £450 - £500 per day
Posted: Yesterday
City, London
Austin Fraser
Rate: £0.00 per day + Competitive Market Rates
Posted: 2 days ago
City, London
Fruition IT Resources Limited
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Annapurna
Rate: £600 - £800 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 2 days ago