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 October 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
21 Oct 2014
Same period 2013 Same period 2012
Banking
Rank 4 3 3
Rank change year-on-year
-1 0
Contract jobs citing Banking 1114 1794 1935
As % of all contract IT jobs located in the City of London 18.76% 24.61% 26.03%
As % of the General category 36.41% 43.61% 43.73%
Number of daily rates quoted 867 1413 1484
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 £325 £340 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £415 £396 £380
% change year-on-year
+4.79% +4.21%
Number of hourly rates quoted 8 13 8
Average hourly rate £20.25 £17.50 £22.50
Average hourly rate % change year-on-year
+15.71% -22.22%
90% offered a hourly rate of more than £17.93 £12.50 £18.05
10% offered a hourly rate of more than £24.28 £36.20 £119.40
UK excluding London average hourly rate £10.00 £14.00 £19.00
% change year-on-year
-28.57% -26.31%
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
3060 4114 4425
As % of all contract IT jobs located in the City of London 51.52% 56.43% 59.53%
Number of daily rates quoted 2330 3053 3322
Average daily rate £475 £475 £475
90% offered a daily rate of more than £297 £310 £300
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 24 64 60
Average hourly rate £18.50 £20.00 £22.50
Average hourly rate % change year-on-year
-7.50% -11.11%
90% offered a hourly rate of more than £11.00 £12.50 £17.40
10% offered a hourly rate of more than £24.45 £52.25 £53.38
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

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 October 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 21 October 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 1092 (47.71%) Finance
2 962 (42.03%) Investment Banking
3 506 (22.11%) SQL
4 353 (15.42%) Agile Software Development
5 340 (14.85%) Java
6 324 (14.15%) Oracle
7 302 (13.19%) Windows
8 301 (13.15%) Front Office
9 243 (10.62%) C#
9 243 (10.62%) Microsoft
10 239 (10.44%) Project Management
11 231 (10.09%) Stakeholder Management
12 227 (9.92%) UNIX
13 226 (9.87%) SQL Server
14 223 (9.74%) Linux
15 194 (8.48%) .NET
16 171 (7.47%) Foreign Exchange (FX)
17 165 (7.21%) Retail
18 162 (7.08%) Analytical Skills
19 154 (6.73%) Multithreading
20 150 (6.55%) Business Analysis
21 147 (6.42%) Degree
22 138 (6.03%) Derivative
23 135 (5.90%) Fixed Income
24 127 (5.55%) HTML
25 124 (5.42%) JavaScript
26 123 (5.37%) ITIL
26 123 (5.37%) MS Excel
27 115 (5.02%) Retail Banking
28 113 (4.94%) Low Latency

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

For the 6 months to 21 October 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 58 (2.53%) WebSphere
2 52 (2.27%) SharePoint
3 42 (1.83%) WebLogic
4 41 (1.79%) Tomcat
5 31 (1.35%) JBoss
6 28 (1.22%) MS Exchange
6 28 (1.22%) CMS
7 21 (0.92%) Oracle Coherence
8 20 (0.87%) GlassFish
9 19 (0.83%) BizTalk Server
10 18 (0.79%) SAS
11 17 (0.74%) IBM Notes
12 16 (0.70%) Exchange Server 2010
13 15 (0.66%) IIS
14 13 (0.57%) Lync
14 13 (0.57%) Exchange Server 2007
15 12 (0.52%) Apache
16 8 (0.35%) Office Communications Server
16 8 (0.35%) SharePoint 2013
17 7 (0.31%) Adobe CQ
Applications
1 123 (5.37%) MS Excel
2 85 (3.71%) MS Office
3 69 (3.01%) MS PowerPoint
4 34 (1.49%) MS Visio
5 32 (1.40%) MS Project
6 18 (0.79%) Spreadsheet
7 16 (0.70%) Photoshop
8 13 (0.57%) Adobe Illustrator
9 2 (0.087%) OmniGraffle
9 2 (0.087%) Adobe Creative Suite
10 1 (0.044%) Open Workbench
10 1 (0.044%) InDesign
10 1 (0.044%) SPSS
10 1 (0.044%) Acrobat
10 1 (0.044%) RoboHelp
Business Applications
1 15 (0.66%) Dynamics CRM
2 10 (0.44%) Summit
2 10 (0.44%) Markit EDM
3 9 (0.39%) Oracle EBS
4 8 (0.35%) RMDS
4 8 (0.35%) ION MarketView
5 7 (0.31%) Oracle EBS R12
5 7 (0.31%) Remedy ITSM
6 5 (0.22%) Temenos T24
6 5 (0.22%) Global One
6 5 (0.22%) SunGard GMI
6 5 (0.22%) Cognos TM1
6 5 (0.22%) HiPortfolio
7 4 (0.17%) Oracle Applications
7 4 (0.17%) SunGard Martini
7 4 (0.17%) Loan IQ
7 4 (0.17%) Cognos Business Intelligence
7 4 (0.17%) Algo Collateral
7 4 (0.17%) Hyperion Planning
8 3 (0.13%) Bloomberg TOMS
Cloud Services
1 10 (0.44%) SaaS
2 9 (0.39%) Cloud Computing
3 5 (0.22%) Office 365
4 3 (0.13%) Microsoft Azure
5 2 (0.087%) Force.com
5 2 (0.087%) Amazon EC2
6 1 (0.044%) Amazon AWS
6 1 (0.044%) GitHub
6 1 (0.044%) IaaS
6 1 (0.044%) OpenShift
6 1 (0.044%) IBM Blueworks
6 1 (0.044%) Responsys
6 1 (0.044%) PaaS
Communications & Networking
1 64 (2.80%) Firewall
2 50 (2.18%) Internet
3 35 (1.53%) TCP/IP
4 34 (1.49%) SAN
5 28 (1.22%) LAN
5 28 (1.22%) WAN
6 27 (1.18%) DNS
7 22 (0.96%) Multicast
8 20 (0.87%) BGP
9 19 (0.83%) Network Security
10 18 (0.79%) OSPF
10 18 (0.79%) EIGRP
10 18 (0.79%) VPN
11 15 (0.66%) Intranet
11 15 (0.66%) VLAN
12 13 (0.57%) VoIP
13 12 (0.52%) DHCP
13 12 (0.52%) Cisco IOS
14 10 (0.44%) Unified Communications
14 10 (0.44%) LDAP
Database & Business Intelligence
1 226 (9.87%) SQL Server
2 82 (3.58%) Data Warehouse
3 79 (3.45%) Relational Database
4 76 (3.32%) SQL Server Integration Services
5 75 (3.28%) Oracle Database
6 43 (1.88%) SQL Server 2008
7 41 (1.79%) SQL Server Reporting Services
8 34 (1.49%) RDBMS
9 32 (1.40%) Big Data
10 30 (1.31%) SQL Server Analysis Services
11 25 (1.09%) MongoDB
11 25 (1.09%) Oracle Database 10g
12 18 (0.79%) QlikView
12 18 (0.79%) Oracle Database 11g
12 18 (0.79%) MS Access
13 16 (0.70%) SQL Server 2005
14 15 (0.66%) Sybase ASE
15 14 (0.61%) Hadoop
16 13 (0.57%) NoSQL
16 13 (0.57%) Oracle BI EE
Development Applications
1 43 (1.88%) Maven
2 42 (1.83%) JIRA
3 41 (1.79%) JUnit
4 37 (1.62%) TeamCity
5 33 (1.44%) Subversion
6 27 (1.18%) CruiseControl
7 20 (0.87%) Ant
8 19 (0.83%) Visual Studio
8 19 (0.83%) Selenium
9 18 (0.79%) NUnit
10 17 (0.74%) Team Foundation Server
11 16 (0.70%) QuickTest Pro
12 15 (0.66%) Git (software)
13 14 (0.61%) Mockito
13 14 (0.61%) Eclipse
14 13 (0.57%) WebDriver
15 11 (0.48%) Cucumber
16 10 (0.44%) Jenkins
17 9 (0.39%) FitNesse
18 8 (0.35%) TestDirector
General
1 1092 (47.71%) Finance
2 962 (42.03%) Investment Banking
3 301 (13.15%) Front Office
4 165 (7.21%) Retail
5 115 (5.02%) Retail Banking
6 81 (3.54%) Back Office
7 58 (2.53%) Financial Institution
8 55 (2.40%) Telecoms
9 45 (1.97%) Legal
10 40 (1.75%) Advertising
11 24 (1.05%) Corporate Banking
11 24 (1.05%) Marketing
12 22 (0.96%) International Banking
13 12 (0.52%) Private Banking
13 12 (0.52%) French Language
14 9 (0.39%) Games
14 9 (0.39%) Spanish Language
15 8 (0.35%) General Ledger
16 7 (0.31%) Law
17 6 (0.26%) Billing
Job Titles
1 600 (26.21%) Developer
2 582 (25.43%) Analyst
3 318 (13.89%) Business Analyst
4 235 (10.27%) Project Manager
5 146 (6.38%) Java Developer
6 109 (4.76%) Architect
7 94 (4.11%) Senior Developer
8 83 (3.63%) Consultant
9 80 (3.49%) C# Developer
10 72 (3.15%) Banking Business Analyst
11 62 (2.71%) SQL Developer
12 58 (2.53%) Administrator
13 55 (2.40%) Support Analyst
14 54 (2.36%) Programme Manager
15 46 (2.01%) Data Analyst
16 44 (1.92%) C++ Developer
17 43 (1.88%) DBA
18 42 (1.83%) Applications Support
19 41 (1.79%) Test Manager
20 40 (1.75%) .NET Developer
Libraries, Frameworks & Software Standards
1 194 (8.48%) .NET
2 127 (5.55%) HTML
3 96 (4.19%) Spring
4 74 (3.23%) XML
5 64 (2.80%) Middleware
6 63 (2.75%) Web Services
6 63 (2.75%) HTML5
7 62 (2.71%) CSS
8 56 (2.45%) ASP.NET
8 56 (2.45%) WPF
9 48 (2.10%) .NET Framework
10 44 (1.92%) Hibernate
11 42 (1.83%) WCF
12 41 (1.79%) J2EE
13 40 (1.75%) jQuery
14 34 (1.49%) JMS
15 31 (1.35%) JDBC
16 30 (1.31%) AngularJS
17 29 (1.27%) RESTful
18 27 (1.18%) ASP.NET MVC
Miscellaneous
1 171 (7.47%) Foreign Exchange (FX)
2 162 (7.08%) Analytical Skills
3 138 (6.03%) Derivative
4 135 (5.90%) Fixed Income
5 95 (4.15%) Market Risk
6 93 (4.06%) Credit Risk
7 61 (2.66%) Equities
7 61 (2.66%) User Experience
8 46 (2.01%) Computer Science
9 41 (1.79%) SWIFT
10 38 (1.66%) Mobile Banking
11 32 (1.40%) Data Structures
12 31 (1.35%) Blackberry
13 30 (1.31%) Management Information System
14 29 (1.27%) Mobile App
15 23 (1.00%) Replication
15 23 (1.00%) Mathematics
16 22 (0.96%) VWAP
16 22 (0.96%) TWAP
17 19 (0.83%) Online Banking
Operating Systems
1 302 (13.19%) Windows
2 227 (9.92%) UNIX
3 223 (9.74%) Linux
4 66 (2.88%) Windows 7
5 49 (2.14%) Solaris
6 47 (2.05%) Red Hat Enterprise Linux
7 44 (1.92%) Windows Server 2008
8 32 (1.40%) Windows Server 2003
9 23 (1.00%) Windows XP
9 23 (1.00%) Apple iOS
10 17 (0.74%) Android
11 9 (0.39%) Windows Server 2012
12 8 (0.35%) AIX
13 5 (0.22%) HPUX
13 5 (0.22%) SUSE
13 5 (0.22%) zOS
14 4 (0.17%) Windows 8
14 4 (0.17%) Windows 2000 Server
15 3 (0.13%) Mac OS X
15 3 (0.13%) Windows 2000
Processes & Methodologies
1 353 (15.42%) Agile Software Development
2 239 (10.44%) Project Management
3 231 (10.09%) Stakeholder Management
4 154 (6.73%) Multithreading
5 150 (6.55%) Business Analysis
6 123 (5.37%) ITIL
7 113 (4.94%) Low Latency
8 111 (4.85%) Risk Management
9 109 (4.76%) TDD
10 104 (4.54%) OO
11 102 (4.46%) User Acceptance Testing
12 101 (4.41%) Migration
13 82 (3.58%) Performance Tuning
14 80 (3.49%) Scrum
15 78 (3.41%) PRINCE2
16 74 (3.23%) Analytics
17 72 (3.15%) Business Intelligence
18 70 (3.06%) Data Modelling
18 70 (3.06%) Change Management
18 70 (3.06%) Data Analysis
Programming Languages
1 506 (22.11%) SQL
2 340 (14.85%) Java
3 243 (10.62%) C#
4 124 (5.42%) JavaScript
5 110 (4.81%) C++
6 82 (3.58%) Python
7 76 (3.32%) Perl
8 72 (3.15%) PowerShell
9 71 (3.10%) Shell Script
10 64 (2.80%) VBA
11 56 (2.45%) PL/SQL
12 50 (2.18%) C
13 41 (1.79%) T-SQL
14 25 (1.09%) VB
15 24 (1.05%) VBScript
16 17 (0.74%) Scala
17 11 (0.48%) Bash Shell
18 10 (0.44%) Ruby
19 9 (0.39%) Korn
19 9 (0.39%) RPG
Qualifications
1 147 (6.42%) Degree
2 35 (1.53%) ISEB
3 33 (1.44%) Cisco Certification
4 29 (1.27%) CCNP
5 24 (1.05%) PMI Certification
6 18 (0.79%) PRINCE2 Certification
7 15 (0.66%) PMP
8 14 (0.61%) Microsoft Certification
9 12 (0.52%) Citrix Certification
9 12 (0.52%) CISSP
10 11 (0.48%) ITIL Certification
10 11 (0.48%) CCSE
11 9 (0.39%) MCSE
11 9 (0.39%) ISTQB
12 8 (0.35%) CCVP
12 8 (0.35%) CCA
13 7 (0.31%) IIBA
14 6 (0.26%) Security Cleared
14 6 (0.26%) CCEA
14 6 (0.26%) CISM
Quality Assurance & Compliance
1 69 (3.01%) QA
2 53 (2.32%) ISO 9001
3 33 (1.44%) EMIR
4 28 (1.22%) Dodd-Frank
5 19 (0.83%) Sarbanes-Oxley
6 15 (0.66%) Basel III
7 14 (0.61%) SLA
8 11 (0.48%) Data Quality
8 11 (0.48%) MiFID
9 10 (0.44%) COBIT
10 8 (0.35%) FATCA
11 5 (0.22%) COREP
12 4 (0.17%) FINREP
12 4 (0.17%) Basel II
13 2 (0.087%) WAI
13 2 (0.087%) CRD IV
14 1 (0.044%) PCI DSS
14 1 (0.044%) P3O
14 1 (0.044%) GAAP
14 1 (0.044%) ISO/IEC 27001
System Software
1 84 (3.67%) Active Directory
2 43 (1.88%) VMware Infrastructure
3 37 (1.62%) XenApp
4 32 (1.40%) Oracle RMAN
5 23 (1.00%) Microsoft App-V
6 20 (0.87%) XenServer
7 13 (0.57%) Oracle RAC
8 11 (0.48%) XenDesktop
9 10 (0.44%) vSphere
10 9 (0.39%) VMware ESX
11 7 (0.31%) RACF
11 7 (0.31%) Veritas Cluster Server
12 6 (0.26%) VMware ESXi
12 6 (0.26%) Veritas Volume Manager
13 5 (0.22%) NFS
13 5 (0.22%) Hyper-V
14 4 (0.17%) ProxySG
14 4 (0.17%) SRDF
15 3 (0.13%) Veritas File System
15 3 (0.13%) ACF2
Systems Management
1 46 (2.01%) HP Quality Center
2 41 (1.79%) Tivoli
3 37 (1.62%) SCCM
4 28 (1.22%) Control-M
5 14 (0.61%) Data Guard
6 12 (0.52%) Cisco CUCM
7 11 (0.48%) Tivoli Storage Manager
7 11 (0.48%) BMC PATROL
8 10 (0.44%) ITRS Geneos
9 9 (0.39%) Puppet
10 8 (0.35%) Cisco UCCX
10 8 (0.35%) Cisco UCCE
11 7 (0.31%) NetBackup
12 6 (0.26%) SCOM
12 6 (0.26%) Symantec Enterprise Vault
13 5 (0.22%) Opscode Chef
13 5 (0.22%) Forefront Identity Manager
14 4 (0.17%) BladeLogic
15 3 (0.13%) Tivoli Monitoring
15 3 (0.13%) Nagios
Vendors
1 324 (14.15%) Oracle
2 243 (10.62%) Microsoft
3 99 (4.33%) Sybase
4 95 (4.15%) Citrix
5 63 (2.75%) VMware
6 61 (2.66%) Cisco
7 54 (2.36%) Red Hat
8 48 (2.10%) HP
9 43 (1.88%) Business Objects
10 37 (1.62%) CheckPoint
11 32 (1.40%) IBM
11 32 (1.40%) Informatica
12 31 (1.35%) Bloomberg
13 30 (1.31%) TIBCO
14 26 (1.14%) Murex
15 25 (1.09%) LANDesk
16 23 (1.00%) Cognos
16 23 (1.00%) EMC
16 23 (1.00%) Juniper
17 22 (0.96%) F5
City, London
TEKsystems
Rate: £450 - £550 per day + `
Posted: 13 hours ago
City, London
E-synergy Solutions
Rate: £400 - £500 per day
Posted: 14 hours ago
City, London
Lorien Resourcing
Rate: Competitive Rate
Posted: 15 hours ago
City, London
Senitor Associates
Rate: £300 - £350 per day
Posted: 15 hours ago
City, London
Harvey Nash plc
Rate: £450 - £500 per annum
Posted: 15 hours ago
City, London
Quant Capital
Rate: Up to £450 per day OR PERM
Posted: 16 hours ago
City, London
Stott & May
Rate: From £375 to £425 per day
Posted: 17 hours ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 18 hours ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 18 hours ago
City, London
Lorien Resourcing
Posted: 18 hours ago
City, London
ComputAppoint
Rate: £475 - £500 per day
Posted: 19 hours ago
City, London
ComputAppoint
Rate: £350
Posted: 22 hours ago
City, London
Rullion IT Plus
Posted: 22 hours ago
City, London
Canary Wharf and City
Rate: Up to £180 per day
Posted: 23 hours ago
City, London
Deerfoot IT Resources Ltd
Posted: Yesterday
City, London
McGregor Boyall
Rate: £500 - £800 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £450 - £600 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £430 - £500 per day
Posted: 3 days ago
City, London
Randstad Technologies
Rate: £400 - £451 per annum
Posted: 3 days ago