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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 1 May 2016 with a comparison to the same period over 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Banking
Rank 5 4 4
Rank change year-on-year
-1 0
Contract jobs citing Banking 641 1123 1302
As % of all contract IT jobs located in the City of London 18.36% 20.04% 20.85%
As % of the General category 34.80% 38.35% 39.22%
Number of daily rates quoted 562 869 1001
Median daily rate £525 £500 £500
Median daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £375 £350 £325
10% offered a daily rate of more than £675 £625 £650
UK excluding London median daily rate £413 £425 £400
% change year-on-year
-2.94% +6.25%
Number of hourly rates quoted 3 3 8
Median hourly rate £22.00 £18.70 £18.25
Median hourly rate % change year-on-year
+17.64% +2.46%
90% offered a hourly rate of more than £20.40 £14.51 £11.75
10% offered a hourly rate of more than £22.20 £77.74 £48.25
UK excluding London median hourly rate £9.82 £10.44 £13.50
% change year-on-year
-5.98% -22.66%
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
1842 2928 3320
As % of all contract IT jobs located in the City of London 52.76% 52.26% 53.16%
Number of daily rates quoted 1535 2287 2477
Median daily rate £525 £475 £485
Median daily rate % change year-on-year
+10.52% -2.06%
90% offered a daily rate of more than £330 £300 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 15 36 48
Median hourly rate £18.99 £19.72 £21.75
Median hourly rate % change year-on-year
-3.70% -9.35%
90% offered a hourly rate of more than £14.56 £12.00 £11.65
10% offered a hourly rate of more than £37.40 £41.25 £47.50
UK excluding London median hourly rate £28.00 £24.25 £25.75
% change year-on-year
+15.46% -5.82%

Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Banking as a proportion of all IT contracts with a match in 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 1 May 2016.

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 1 May 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Banking.

1 752 (60.35%) Finance
2 468 (37.56%) Investment Banking
3 330 (26.48%) Java
4 318 (25.52%) Agile Software Development
5 276 (22.15%) SQL
6 189 (15.17%) Front Office
7 152 (12.20%) TDD
8 151 (12.12%) Oracle
9 137 (11.00%) Unix
10 132 (10.59%) C#
11 127 (10.19%) Derivative
12 126 (10.11%) Project Management
13 124 (9.95%) SQL Server
14 119 (9.55%) SDLC
15 115 (9.23%) .NET
15 115 (9.23%) Stakeholder Management
16 108 (8.67%) Windows
17 103 (8.27%) REST
18 102 (8.19%) Scrum
19 98 (7.87%) Foreign Exchange (FX)
20 97 (7.78%) Equities
21 93 (7.46%) Fixed Income
22 87 (6.98%) Linux
23 84 (6.74%) Analytical Skills
24 82 (6.58%) Pair Programming
25 75 (6.02%) Business Analysis
26 74 (5.94%) Spring
27 73 (5.86%) Migration
28 72 (5.78%) JavaScript
28 72 (5.78%) Microsoft

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 30 (2.41%) Oracle Coherence
2 29 (2.33%) Node.js
3 25 (2.01%) Tomcat
4 24 (1.93%) SharePoint
5 13 (1.04%) WebSphere
6 12 (0.96%) IIS
7 11 (0.88%) Jetty
8 10 (0.80%) SAS
9 9 (0.72%) nginx
10 8 (0.64%) Apache
11 7 (0.56%) MS Exchange
11 7 (0.56%) SharePoint 2013
12 6 (0.48%) Apache Spark
12 6 (0.48%) Confluence
12 6 (0.48%) JBoss
12 6 (0.48%) MQSeries
13 5 (0.40%) Cloud Foundry
13 5 (0.40%) Elasticsearch
13 5 (0.40%) Mule
13 5 (0.40%) WebLogic
Applications
1 69 (5.54%) MS Excel
2 31 (2.49%) MS Office
3 22 (1.77%) MS PowerPoint
4 21 (1.69%) MS Project
5 16 (1.28%) MS Visio
6 6 (0.48%) Spreadsheet
7 3 (0.24%) Photoshop
8 1 (0.080%) Adobe Illustrator
8 1 (0.080%) InfoPath
8 1 (0.080%) Open Workbench
Business Applications
1 10 (0.80%) Markit EDM
2 8 (0.64%) ION MarketView
3 7 (0.56%) Oracle Assets
3 7 (0.56%) Oracle E-Business Tax
3 7 (0.56%) Oracle Financials
3 7 (0.56%) Oracle General Ledger
3 7 (0.56%) Oracle Payables
4 6 (0.48%) Dynamics CRM
5 5 (0.40%) RMDS
6 4 (0.32%) Eikon
6 4 (0.32%) Oracle EBS
7 3 (0.24%) Hi Portfolio
7 3 (0.24%) Remedy ITSM
7 3 (0.24%) Summit
8 2 (0.16%) Bloomberg TOMS
8 2 (0.16%) Endur
8 2 (0.16%) Loan IQ
8 2 (0.16%) SunGard GMI
8 2 (0.16%) SunGard Stream Clearvision
8 2 (0.16%) Workday HCM
Cloud Services
1 10 (0.80%) Amazon AWS
2 8 (0.64%) PaaS
3 7 (0.56%) Microsoft Azure
4 5 (0.40%) OpenShift
5 3 (0.24%) GitHub
5 3 (0.24%) Heroku
6 2 (0.16%) SuccessFactors
7 1 (0.080%) Amazon EC2
7 1 (0.080%) Amazon ELB
7 1 (0.080%) Amazon EMR
7 1 (0.080%) Amazon S3
7 1 (0.080%) AWS CloudFormation
7 1 (0.080%) AWS CloudTrail
7 1 (0.080%) AWS Elastic Beanstalk
7 1 (0.080%) IaaS
7 1 (0.080%) IBM Blueworks
7 1 (0.080%) Office 365
7 1 (0.080%) Route 53
Communications & Networking
1 21 (1.69%) Firewall
2 19 (1.52%) SAN
3 16 (1.28%) TCP/IP
4 15 (1.20%) DNS
5 12 (0.96%) LAN
6 10 (0.80%) NAS
7 9 (0.72%) WAN
8 8 (0.64%) Network Security
9 7 (0.56%) VPN
10 6 (0.48%) DHCP
11 5 (0.40%) HTTP
12 4 (0.32%) Cisco Nexus
12 4 (0.32%) Intranet
12 4 (0.32%) PuTTY
13 3 (0.24%) F5 BIG-IP GTM
13 3 (0.24%) FTP
13 3 (0.24%) Internet
13 3 (0.24%) Multicast
13 3 (0.24%) SNMP
14 2 (0.16%) VoIP
Database & Business Intelligence
1 124 (9.95%) SQL Server
2 66 (5.30%) NoSQL
3 60 (4.82%) Oracle Database
4 56 (4.49%) Apache Cassandra
5 52 (4.17%) Data Warehouse
6 44 (3.53%) Relational Database
7 27 (2.17%) RDBMS
7 27 (2.17%) SQL Server Integration Services
8 24 (1.93%) Oracle Database 11g
9 22 (1.77%) SQL Server 2008
10 21 (1.69%) Big Data
10 21 (1.69%) SQL Server Reporting Services
11 18 (1.44%) Oracle Database 10g
12 16 (1.28%) MongoDB
12 16 (1.28%) MySQL
13 14 (1.12%) BusinessObjects
14 13 (1.04%) Apache Hive
14 13 (1.04%) MS Access
15 11 (0.88%) Hadoop
16 10 (0.80%) SQL Server Analysis Services
Development Applications
1 46 (3.69%) JIRA
2 38 (3.05%) Maven
2 38 (3.05%) Subversion
3 22 (1.77%) JUnit
4 21 (1.69%) Jenkins
4 21 (1.69%) SpecFlow
5 20 (1.61%) Selenium
6 17 (1.36%) Cucumber
6 17 (1.36%) IntelliJ
7 15 (1.20%) Eclipse
7 15 (1.20%) Git (software)
8 12 (0.96%) TeamCity
9 9 (0.72%) Ant
9 9 (0.72%) ClearCase
10 8 (0.64%) ClearQuest
11 7 (0.56%) Team Foundation Server
12 6 (0.48%) EasyMock
12 6 (0.48%) LoadRunner
12 6 (0.48%) Mockito
12 6 (0.48%) SoapUI
General
1 752 (60.35%) Finance
2 468 (37.56%) Investment Banking
3 189 (15.17%) Front Office
4 66 (5.30%) Retail
5 46 (3.69%) Financial Institution
6 39 (3.13%) Retail Banking
7 37 (2.97%) Back Office
8 35 (2.81%) Telecoms
9 15 (1.20%) Legal
10 13 (1.04%) General Ledger
11 12 (0.96%) Advertising
12 10 (0.80%) Games
13 7 (0.56%) Marketing
13 7 (0.56%) Private Banking
14 5 (0.40%) International Banking
14 5 (0.40%) Law
15 4 (0.32%) Billing
16 3 (0.24%) Publishing
17 2 (0.16%) Corporate Banking
17 2 (0.16%) Wholesale Banking
Job Titles
1 415 (33.31%) Developer
2 299 (24.00%) Analyst
3 214 (17.17%) Java Developer
4 160 (12.84%) Business Analyst
5 105 (8.43%) Senior Developer
6 99 (7.95%) Project Manager
7 89 (7.14%) Banking Analyst
8 69 (5.54%) Agile Developer
9 67 (5.38%) C# Developer
10 66 (5.30%) Agile Java Developer
10 66 (5.30%) Architect
11 65 (5.22%) Senior Java Developer
12 51 (4.09%) Consultant
13 47 (3.77%) Test Analyst
14 38 (3.05%) Front Office Developer
15 35 (2.81%) .NET Developer
16 33 (2.65%) Applications Support
16 33 (2.65%) Banking Business Analyst
16 33 (2.65%) Solutions Architect
17 32 (2.57%) Support Analyst
Libraries, Frameworks & Software Standards
1 115 (9.23%) .NET
2 103 (8.27%) REST
3 74 (5.94%) Spring
4 71 (5.70%) HTML
5 46 (3.69%) XML
6 45 (3.61%) AngularJS
6 45 (3.61%) Web Services
7 40 (3.21%) ASP.NET
7 40 (3.21%) WPF
8 38 (3.05%) HTML5
9 37 (2.97%) CSS
10 36 (2.89%) FIX Protocol
11 34 (2.73%) SOAP
12 31 (2.49%) JMS
13 28 (2.25%) .NET Framework
14 26 (2.09%) WCF
15 25 (2.01%) ASP.NET MVC
16 22 (1.77%) CSS3
16 22 (1.77%) JSON
16 22 (1.77%) Middleware
Miscellaneous
1 127 (10.19%) Derivative
2 98 (7.87%) Foreign Exchange (FX)
3 97 (7.78%) Equities
4 93 (7.46%) Fixed Income
5 84 (6.74%) Analytical Skills
6 38 (3.05%) Market Risk
7 32 (2.57%) Credit Risk
8 23 (1.85%) Computer Science
8 23 (1.85%) Mathematics
9 20 (1.61%) User Experience
10 16 (1.28%) Data Centre
10 16 (1.28%) Enterprise Software
10 16 (1.28%) SWIFT
11 15 (1.20%) Equity Derivative
12 14 (1.12%) Data Structures
12 14 (1.12%) Visualisation
13 13 (1.04%) Fintech
14 12 (0.96%) Hedge funds
14 12 (0.96%) Online Banking
14 12 (0.96%) PMI
Operating Systems
1 137 (11.00%) Unix
2 108 (8.67%) Windows
3 87 (6.98%) Linux
4 31 (2.49%) Windows Server
5 24 (1.93%) Solaris
6 16 (1.28%) Windows 7
7 12 (0.96%) Red Hat Enterprise Linux
8 10 (0.80%) Windows Server 2008
9 9 (0.72%) AIX
9 9 (0.72%) Windows Server 2012
10 8 (0.64%) Windows Server 2003
11 7 (0.56%) Android
11 7 (0.56%) Apple iOS
12 6 (0.48%) Windows XP
13 3 (0.24%) Windows Vista
14 2 (0.16%) Mesosphere
14 2 (0.16%) SUSE
14 2 (0.16%) VMS
14 2 (0.16%) zOS
15 1 (0.080%) Windows 10
Processes & Methodologies
1 318 (25.52%) Agile Software Development
2 152 (12.20%) TDD
3 126 (10.11%) Project Management
4 119 (9.55%) SDLC
5 115 (9.23%) Stakeholder Management
6 102 (8.19%) Scrum
7 82 (6.58%) Pair Programming
8 75 (6.02%) Business Analysis
9 73 (5.86%) Migration
10 63 (5.06%) Multithreading
11 55 (4.41%) OO
12 54 (4.33%) User Acceptance Testing
13 52 (4.17%) Risk Management
14 50 (4.01%) BDD
15 46 (3.69%) Analytics
16 44 (3.53%) ITIL
17 43 (3.45%) Continuous Integration
18 42 (3.37%) Data Modelling
19 35 (2.81%) Business Intelligence
19 35 (2.81%) PRINCE2
Programming Languages
1 330 (26.48%) Java
2 276 (22.15%) SQL
3 132 (10.59%) C#
4 72 (5.78%) JavaScript
5 43 (3.45%) Perl
6 39 (3.13%) VBA
7 38 (3.05%) Python
7 38 (3.05%) T-SQL
8 37 (2.97%) Shell Script
9 33 (2.65%) PL/SQL
10 31 (2.49%) Scala
11 26 (2.09%) C++
11 26 (2.09%) VB
12 19 (1.52%) PowerShell
13 16 (1.28%) Bash Shell
14 14 (1.12%) C
14 14 (1.12%) VB.NET
15 7 (0.56%) Ruby
16 6 (0.48%) MATLAB
17 5 (0.40%) XAML
Qualifications
1 45 (3.61%) Degree
2 19 (1.52%) PMI Certification
3 13 (1.04%) CISA
4 11 (0.88%) CISM
4 11 (0.88%) CISSP
5 10 (0.80%) PMP
6 9 (0.72%) Cisco Certification
7 6 (0.48%) CCNA
7 6 (0.48%) CRISC
7 6 (0.48%) ISTQB
8 5 (0.40%) CCNP
9 4 (0.32%) ACCA
9 4 (0.32%) PRINCE2 Certification
10 3 (0.24%) CCA
10 3 (0.24%) CCIE
10 3 (0.24%) ISTQB Foundation Certification
10 3 (0.24%) ITIL Certification
10 3 (0.24%) PRINCE2 Practitioner
10 3 (0.24%) SC Cleared
10 3 (0.24%) Security Cleared
Quality Assurance & Compliance
1 33 (2.65%) QA
2 29 (2.33%) MiFID
3 19 (1.52%) SEPA
4 16 (1.28%) Data Quality
5 11 (0.88%) Dodd-Frank
5 11 (0.88%) FATCA
6 10 (0.80%) EMIR
6 10 (0.80%) SLA
7 8 (0.64%) Basel III
8 6 (0.48%) COBIT
9 5 (0.40%) COREP
9 5 (0.40%) ISO20022
10 4 (0.32%) ISO/IEC 27001
11 3 (0.24%) ISO15022
12 2 (0.16%) Sarbanes-Oxley
13 1 (0.080%) AIFMD
13 1 (0.080%) CRD IV
13 1 (0.080%) ISO 9001
13 1 (0.080%) Solvency II
13 1 (0.080%) UCITS
System Software
1 26 (2.09%) Active Directory
2 25 (2.01%) VMware Infrastructure
3 7 (0.56%) Oracle RAC
4 6 (0.48%) Docker
5 5 (0.40%) NFS
5 5 (0.40%) VMware ESX
6 4 (0.32%) Hyper-V
6 4 (0.32%) vSphere
6 4 (0.32%) XenApp
7 3 (0.24%) KVM
7 3 (0.24%) Microsoft Virtual Server
8 2 (0.16%) RACF
8 2 (0.16%) SRDF
8 2 (0.16%) Veritas Volume Manager
8 2 (0.16%) Xen
9 1 (0.080%) BitLocker
9 1 (0.080%) Oracle Clusterware
9 1 (0.080%) Veritas Cluster Server
9 1 (0.080%) Veritas File System
9 1 (0.080%) VMware ESXi
Systems Management
1 30 (2.41%) Puppet
2 22 (1.77%) HP Quality Center
3 21 (1.69%) Opscode Chef
4 11 (0.88%) Control-M
5 9 (0.72%) ITRS Geneos
6 7 (0.56%) logstash
6 7 (0.56%) Nagios
6 7 (0.56%) Oracle RMAN
7 6 (0.48%) SCCM
7 6 (0.48%) SCOM
8 5 (0.40%) Ansible
8 5 (0.40%) Ganglia
8 5 (0.40%) Kibana
9 4 (0.32%) BMC PATROL
9 4 (0.32%) Capistrano
9 4 (0.32%) Data Guard
10 3 (0.24%) AppDNA
10 3 (0.24%) BladeLogic
10 3 (0.24%) HP Operations Orchestration
10 3 (0.24%) Oracle Enterprise Manager
Vendors
1 151 (12.12%) Oracle
2 72 (5.78%) Microsoft
3 52 (4.17%) Sybase
4 35 (2.81%) VMware
5 27 (2.17%) Cisco
6 25 (2.01%) IBM
7 24 (1.93%) HP
8 23 (1.85%) Red Hat
9 22 (1.77%) Bloomberg
9 22 (1.77%) Murex
10 21 (1.69%) DataSynapse
11 19 (1.52%) Citrix
11 19 (1.52%) Reuters
12 18 (1.44%) Informatica
13 17 (1.36%) ION Trading
14 14 (1.12%) EMC
14 14 (1.12%) Splunk
15 13 (1.04%) SAP
16 12 (0.96%) DevExpress
16 12 (0.96%) Fidessa
City, London
Hays Finance Technology
Rate: £500.00 - £575.00 per day
Posted: 2 days ago
City, London
E-synergy Solutions
Rate: £750 - £850 per annum
Posted: 2 days ago
City, London
TEKsystems
Rate: £400 - £550 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £350.00 - £450.00 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £850 - £950 per day
Posted: 2 days ago
City of London
iKas International
Posted: 3 days ago
City, London
Nicoll Curtin
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
Experis Ltd
Rate: £450.00 - £500.00 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £400.00 - £475.00 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £550 - £650 per day + depending on experience
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £550.00 - £620.00 per day
Posted: 4 days ago
City, London
Experis Ltd
Posted: 4 days ago
City, London
Oscar
Rate: £400 - £450 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 6 days ago
City, London
Pioneer Search
Rate: £400 - £550 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £600 per day
Posted: 6 days ago
City, London
Hays Finance Technology
Rate: £600.00 - £650.00 per day
Posted: 6 days ago
City of London
iKas International
Rate: £550 - £650 per day
Posted: 7 days ago
City of London
Hays London City Cheapside
Rate: £600.00 - £650.00 per day
Posted: 11 days ago
City of London
Hays London City Cheapside
Rate: £360.00 - £380.00 per day + Benefits
Posted: 13 days ago
City of London
Deerfoot IT Resources Ltd
Rate: £350 - £500 per day + 12 month term
Posted: 17 days ago
City of London
Hays London City Cheapside
Rate: £300.00 - £350.00 per day
Posted: 21 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £550.00 per day
Posted: 23 days ago
City of London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day + 6 month term
Posted: 23 days ago
City of London
iKas International
Rate: £550 - £600 per day
Posted: 25 days ago