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 21 April 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
21 Apr 2015
Same period 2014 Same period 2013
Banking
Rank 4 4 2
Rank change year-on-year
0 -2
Contract jobs citing Banking 1070 1348 1629
As % of all contract IT jobs located in the City of London 19.58% 20.95% 26.14%
As % of the General category 37.40% 39.22% 46.33%
Number of daily rates quoted 823 1018 1314
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 £328 £325 £353
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £425 £400 £375
% change year-on-year
+6.25% +6.59%
Number of hourly rates quoted 3 11 9
Average hourly rate £18.70 £22.50 £25.00
Average hourly rate % change year-on-year
-16.88% -10.00%
90% offered a hourly rate of more than £14.51 £12.50 £16.60
10% offered a hourly rate of more than £77.74 £47.50 £35.00
UK excluding London average hourly rate £10.44 £11.72 £18.50
% change year-on-year
-10.92% -36.64%
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
2861 3437 3516
As % of all contract IT jobs located in the City of London 52.34% 53.41% 56.42%
Number of daily rates quoted 2220 2537 2719
Average daily rate £475 £485 £475
Average daily rate % change year-on-year
-2.06% +2.10%
90% offered a daily rate of more than £300 £300 £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 28 49 43
Average hourly rate £17.87 £22.00 £20.00
Average hourly rate % change year-on-year
-18.79% +10.00%
90% offered a hourly rate of more than £10.75 £11.75 £11.00
10% offered a hourly rate of more than £56.25 £47.50 £30.00
UK excluding London average hourly rate £25.00 £25.00 £27.00
% change year-on-year
- -7.40%

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 21 April 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 21 April 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 21 April 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.

1 979 (50.21%) Finance
2 694 (35.59%) Investment Banking
3 462 (23.69%) SQL
4 301 (15.44%) Agile Software Development
5 264 (13.54%) Java
6 220 (11.28%) Stakeholder Management
7 214 (10.97%) Front Office
8 208 (10.67%) Oracle
9 181 (9.28%) Project Management
9 181 (9.28%) SQL Server
9 181 (9.28%) C#
10 179 (9.18%) Windows
11 173 (8.87%) UNIX
12 171 (8.77%) Retail
12 171 (8.77%) Derivative
13 165 (8.46%) Analytical Skills
14 157 (8.05%) Business Analysis
15 154 (7.90%) .NET
16 144 (7.38%) MS Excel
17 141 (7.23%) Microsoft
18 139 (7.13%) Linux
19 137 (7.03%) JavaScript
20 132 (6.77%) Retail Banking
21 120 (6.15%) HTML
22 103 (5.28%) MS Office
22 103 (5.28%) Data Warehouse
22 103 (5.28%) User Acceptance Testing
23 95 (4.87%) Fixed Income
24 93 (4.77%) ITIL
24 93 (4.77%) Foreign Exchange (FX)

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

For the 6 months to 21 April 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 (2.41%) SharePoint
2 37 (1.90%) WebSphere
3 24 (1.23%) MS Exchange
4 22 (1.13%) CMS
5 19 (0.97%) Blackberry Enterprise Server
6 17 (0.87%) SAS
7 14 (0.72%) WebSphere Application Server
8 12 (0.62%) IBM Notes
9 11 (0.56%) Tomcat
9 11 (0.56%) IIS
9 11 (0.56%) Exchange Server 2010
10 8 (0.41%) Apache
10 8 (0.41%) BizTalk Server
10 8 (0.41%) TIBCO EMS
11 7 (0.36%) WebSphere Portal
11 7 (0.36%) Node.js
11 7 (0.36%) Lync
12 6 (0.31%) Exchange Server 2003
12 6 (0.31%) CICS
13 5 (0.26%) WebLogic
Applications
1 144 (7.38%) MS Excel
2 103 (5.28%) MS Office
3 56 (2.87%) MS PowerPoint
4 35 (1.79%) MS Visio
5 26 (1.33%) MS Project
6 11 (0.56%) Photoshop
6 11 (0.56%) Adobe Illustrator
7 10 (0.51%) Spreadsheet
8 4 (0.21%) Acrobat
9 3 (0.15%) Adobe Creative Suite
10 2 (0.10%) InDesign
Business Applications
1 11 (0.56%) RMDS
1 11 (0.56%) Dynamics CRM
1 11 (0.56%) Oracle Cash Management
2 8 (0.41%) Markit EDM
3 7 (0.36%) ION MarketView
3 7 (0.36%) assyst
4 6 (0.31%) SunGard GMI
4 6 (0.31%) IntelliMatch
5 4 (0.21%) SiteCatalyst
5 4 (0.21%) Eikon
5 4 (0.21%) Temenos T24
5 4 (0.21%) Oracle Applications
6 3 (0.15%) BASE24
6 3 (0.15%) Summit
6 3 (0.15%) Endur
6 3 (0.15%) Eagle PACE
6 3 (0.15%) SAP BPC
6 3 (0.15%) Oracle BPM
7 2 (0.10%) SunGard Stream Clearvision
7 2 (0.10%) Loan IQ
Cloud Services
1 10 (0.51%) SaaS
2 4 (0.21%) PaaS
3 3 (0.15%) Amazon AWS
4 2 (0.10%) Cloud Computing
4 2 (0.10%) Amazon S3
5 1 (0.051%) Microsoft Azure
5 1 (0.051%) Amazon EC2
5 1 (0.051%) Office 365
5 1 (0.051%) GitHub
5 1 (0.051%) IaaS
5 1 (0.051%) Lucidchart
5 1 (0.051%) IBM Blueworks
5 1 (0.051%) FinancialForce.com
Communications & Networking
1 49 (2.51%) Internet
2 40 (2.05%) Firewall
3 25 (1.28%) SAN
4 23 (1.18%) TCP/IP
4 23 (1.18%) LAN
5 21 (1.08%) VPN
6 19 (0.97%) DNS
7 18 (0.92%) Network Security
8 17 (0.87%) WAN
9 16 (0.82%) Multicast
10 15 (0.77%) Wireless
11 14 (0.72%) OSPF
12 12 (0.62%) BGP
13 10 (0.51%) MPLS
13 10 (0.51%) NAS
14 8 (0.41%) SNMP
15 7 (0.36%) EIGRP
15 7 (0.36%) Intrusion Detection
16 6 (0.31%) TACACS
16 6 (0.31%) Intranet
Database & Business Intelligence
1 181 (9.28%) SQL Server
2 103 (5.28%) Data Warehouse
3 79 (4.05%) SQL Server Integration Services
4 69 (3.54%) Relational Database
5 53 (2.72%) SQL Server Reporting Services
6 51 (2.62%) Big Data
7 43 (2.21%) Oracle Database
8 33 (1.69%) SQL Server 2008
9 31 (1.59%) Hadoop
9 31 (1.59%) RDBMS
10 28 (1.44%) SQL Server Analysis Services
11 24 (1.23%) QlikView
11 24 (1.23%) MS Access
12 23 (1.18%) Oracle Database 11g
13 18 (0.92%) DB2
13 18 (0.92%) Data Mining
14 15 (0.77%) SQL Server 2005
15 12 (0.62%) Oracle Database 12c
16 11 (0.56%) SQL Server 2012
16 11 (0.56%) OLAP
Development Applications
1 34 (1.74%) JIRA
2 30 (1.54%) Maven
3 22 (1.13%) TeamCity
4 19 (0.97%) Selenium
4 19 (0.97%) WebDriver
5 18 (0.92%) Subversion
5 18 (0.92%) Visual Studio
6 17 (0.87%) Grunt
6 17 (0.87%) Bower
7 13 (0.67%) QuickTest Pro
8 12 (0.62%) Git (software)
9 10 (0.51%) Jenkins
9 10 (0.51%) Cucumber
10 9 (0.46%) Team Foundation Server
10 9 (0.46%) Ant
11 7 (0.36%) NUnit
12 6 (0.31%) LoadRunner
13 5 (0.26%) MSI
14 4 (0.21%) Toad
14 4 (0.21%) VSS/SourceSafe
General
1 979 (50.21%) Finance
2 694 (35.59%) Investment Banking
3 214 (10.97%) Front Office
4 171 (8.77%) Retail
5 132 (6.77%) Retail Banking
6 74 (3.79%) Financial Institution
7 61 (3.13%) Telecoms
8 54 (2.77%) Back Office
9 35 (1.79%) Legal
10 28 (1.44%) Advertising
11 17 (0.87%) Corporate Banking
12 16 (0.82%) Private Banking
13 13 (0.67%) Marketing
14 11 (0.56%) Law
15 8 (0.41%) General Ledger
16 5 (0.26%) Wholesale Banking
17 4 (0.21%) International Banking
17 4 (0.21%) Billing
18 3 (0.15%) Publishing
18 3 (0.15%) Games
Job Titles
1 610 (31.28%) Analyst
2 471 (24.15%) Developer
3 308 (15.79%) Business Analyst
4 182 (9.33%) Project Manager
5 108 (5.54%) Java Developer
6 99 (5.08%) Architect
7 87 (4.46%) Senior Developer
8 78 (4.00%) C# Developer
9 70 (3.59%) Banking Business Analyst
10 63 (3.23%) Consultant
11 61 (3.13%) Data Analyst
12 60 (3.08%) SQL Developer
13 51 (2.62%) Test Analyst
14 50 (2.56%) Senior Analyst
15 48 (2.46%) Support Analyst
16 38 (1.95%) Designer
17 37 (1.90%) Applications Support
17 37 (1.90%) Tester
17 37 (1.90%) Technical Analyst
18 35 (1.79%) Programme Manager
Libraries, Frameworks & Software Standards
1 154 (7.90%) .NET
2 120 (6.15%) HTML
3 82 (4.21%) HTML5
4 58 (2.97%) AngularJS
5 54 (2.77%) WPF
6 50 (2.56%) Spring
6 50 (2.56%) XML
7 48 (2.46%) FIX Protocol
8 43 (2.21%) Hibernate
9 39 (2.00%) CSS
10 38 (1.95%) jQuery
11 35 (1.79%) RESTful
12 33 (1.69%) REST
13 30 (1.54%) Middleware
14 28 (1.44%) JMS
14 28 (1.44%) Web Services
15 27 (1.38%) ASP.NET
16 22 (1.13%) WCF
17 20 (1.03%) .NET Framework
18 18 (0.92%) Twitter Bootstrap
Miscellaneous
1 171 (8.77%) Derivative
2 165 (8.46%) Analytical Skills
3 95 (4.87%) Fixed Income
4 93 (4.77%) Foreign Exchange (FX)
5 68 (3.49%) Equities
6 61 (3.13%) User Experience
7 54 (2.77%) Computer Science
8 52 (2.67%) Credit Risk
9 51 (2.62%) SWIFT
10 47 (2.41%) Equity Derivative
11 40 (2.05%) Mathematics
12 38 (1.95%) Market Risk
13 32 (1.64%) Blackberry
14 29 (1.49%) Mobile Banking
15 25 (1.28%) Mobile App
16 24 (1.23%) Management Information System
17 20 (1.03%) Online Banking
18 17 (0.87%) Replication
19 16 (0.82%) Reference Data
20 15 (0.77%) Visualisation
Operating Systems
1 179 (9.18%) Windows
2 173 (8.87%) UNIX
3 139 (7.13%) Linux
4 48 (2.46%) Windows 7
5 36 (1.85%) Solaris
6 30 (1.54%) Windows XP
7 26 (1.33%) Windows Server 2008
8 23 (1.18%) Windows Server 2003
9 20 (1.03%) Apple iOS
10 17 (0.87%) Android
11 13 (0.67%) Windows Server 2012
12 12 (0.62%) Red Hat Enterprise Linux
13 7 (0.36%) AIX
14 6 (0.31%) Windows 8
15 4 (0.21%) SUSE
16 3 (0.15%) Oracle Linux
17 1 (0.051%) Windows Vista
17 1 (0.051%) HPUX
17 1 (0.051%) VMS
17 1 (0.051%) Mac OS X
Processes & Methodologies
1 301 (15.44%) Agile Software Development
2 220 (11.28%) Stakeholder Management
3 181 (9.28%) Project Management
4 157 (8.05%) Business Analysis
5 103 (5.28%) User Acceptance Testing
6 93 (4.77%) ITIL
6 93 (4.77%) TDD
7 89 (4.56%) Data Modelling
8 84 (4.31%) Analytics
9 83 (4.26%) Migration
10 76 (3.90%) Risk Management
10 76 (3.90%) Data Analysis
11 72 (3.69%) Business Intelligence
12 69 (3.54%) Scrum
13 67 (3.44%) PRINCE2
13 67 (3.44%) Multithreading
14 66 (3.38%) ETL
15 63 (3.23%) Low Latency
16 60 (3.08%) OO
17 59 (3.03%) Change Management
Programming Languages
1 462 (23.69%) SQL
2 264 (13.54%) Java
3 181 (9.28%) C#
4 137 (7.03%) JavaScript
5 83 (4.26%) VBA
6 58 (2.97%) C++
7 51 (2.62%) Python
8 47 (2.41%) PL/SQL
9 40 (2.05%) T-SQL
10 33 (1.69%) C
11 28 (1.44%) Perl
11 28 (1.44%) Scala
12 20 (1.03%) Shell Script
13 17 (0.87%) VB
14 12 (0.62%) PowerShell
15 9 (0.46%) VBScript
15 9 (0.46%) RPG
16 6 (0.31%) Korn
17 5 (0.26%) XAML
17 5 (0.26%) RPG IV
Qualifications
1 86 (4.41%) Degree
2 39 (2.00%) ISEB
3 21 (1.08%) Cisco Certification
4 18 (0.92%) PMI Certification
5 17 (0.87%) ISTQB
6 15 (0.77%) CISSP
6 15 (0.77%) CCNP
7 12 (0.62%) CISA
8 11 (0.56%) PRINCE2 Certification
9 10 (0.51%) PMP
9 10 (0.51%) CCIE
9 10 (0.51%) CCNA
10 9 (0.46%) Microsoft Certification
11 8 (0.41%) CISM
12 7 (0.36%) ISEB Practitioner
13 6 (0.31%) OCP
13 6 (0.31%) Oracle Certification
14 5 (0.26%) MCSE
14 5 (0.26%) CFA
14 5 (0.26%) ITIL Certification
Quality Assurance & Compliance
1 58 (2.97%) QA
2 18 (0.92%) ISO 9001
3 15 (0.77%) SLA
3 15 (0.77%) Dodd-Frank
4 14 (0.72%) Basel III
5 13 (0.67%) EMIR
6 12 (0.62%) FATCA
7 11 (0.56%) Data Quality
8 9 (0.46%) MiFID
9 6 (0.31%) ISO/IEC 27001
10 5 (0.26%) CRD IV
10 5 (0.26%) COREP
11 4 (0.21%) COBIT
11 4 (0.21%) Sarbanes-Oxley
12 3 (0.15%) Basel II
12 3 (0.15%) ISO 9000
13 2 (0.10%) PCI DSS
14 1 (0.051%) FINREP
System Software
1 54 (2.77%) Active Directory
2 20 (1.03%) VMware Infrastructure
3 19 (0.97%) Oracle RAC
4 6 (0.31%) Microsoft App-V
4 6 (0.31%) Veritas Cluster Server
5 5 (0.26%) HDFS
6 4 (0.21%) XenApp
6 4 (0.21%) XenDesktop
6 4 (0.21%) NFS
7 3 (0.15%) ProxySG
7 3 (0.15%) Veritas Volume Manager
7 3 (0.15%) vSphere
8 2 (0.10%) SRDF
8 2 (0.10%) Hyper-V
8 2 (0.10%) NDS
8 2 (0.10%) VMware ESX
8 2 (0.10%) Terminal Services
9 1 (0.051%) RACF
9 1 (0.051%) Samba
9 1 (0.051%) VMware Workstation
Systems Management
1 34 (1.74%) HP Quality Center
2 10 (0.51%) Data Guard
3 9 (0.46%) SCCM
3 9 (0.46%) SCOM
3 9 (0.46%) Control-M
3 9 (0.46%) ITRS Geneos
4 8 (0.41%) Tivoli
5 7 (0.36%) Oracle RMAN
5 7 (0.36%) Cisco Prime
6 6 (0.31%) Netcool
6 6 (0.31%) CA Single Sign-On
7 5 (0.26%) Puppet
7 5 (0.26%) Oracle Identity Manager
8 4 (0.21%) Symantec Enterprise Vault
8 4 (0.21%) Vagrant
8 4 (0.21%) Opscode Chef
8 4 (0.21%) NetBackup
8 4 (0.21%) Tivoli Identity Manager
9 3 (0.15%) Tivoli Storage Manager
9 3 (0.15%) Systems Management Server (SMS)
Vendors
1 208 (10.67%) Oracle
2 141 (7.23%) Microsoft
3 61 (3.13%) Cisco
4 57 (2.92%) Sybase
5 52 (2.67%) IBM
6 33 (1.69%) Citrix
6 33 (1.69%) VMware
7 31 (1.59%) HP
8 30 (1.54%) TIBCO
9 29 (1.49%) Bloomberg
10 26 (1.33%) Reuters
11 25 (1.28%) F5
12 24 (1.23%) CheckPoint
13 23 (1.18%) SAP
14 19 (0.97%) EMC
14 19 (0.97%) Informatica
15 18 (0.92%) Murex
16 17 (0.87%) Business Objects
17 15 (0.77%) Teradata
18 14 (0.72%) Adobe
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