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 31 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
31 May 2016
Same period 2015 Same period 2014
Banking
Rank 6 3 3
Rank change year-on-year
-3 0
Contract jobs citing Banking 568 1085 1310
As % of all contract IT jobs located in the City of London 16.96% 19.80% 21.71%
As % of the General category 32.16% 37.22% 41.32%
Number of daily rates quoted 493 846 1009
Median daily rate £525 £500 £500
Median daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £353 £325 £325
10% offered a daily rate of more than £675 £625 £650
UK excluding London median daily rate £408 £413 £400
% change year-on-year
-1.21% +3.12%
Number of hourly rates quoted 4 4 6
Median hourly rate £21.00 £17.98 £30.00
Median hourly rate % change year-on-year
+16.79% -40.06%
90% offered a hourly rate of more than £20.00 £14.82 £11.25
10% offered a hourly rate of more than £22.18 £70.14 £112.50
UK excluding London median hourly rate £9.82 £10.44 £14.50
% change year-on-year
-5.98% -28.00%
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
1766 2915 3170
As % of all contract IT jobs located in the City of London 52.72% 53.19% 52.54%
Number of daily rates quoted 1502 2274 2428
Median daily rate £500 £488 £475
Median daily rate % change year-on-year
+2.56% +2.63%
90% offered a daily rate of more than £325 £313 £300
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 13 39 39
Median hourly rate £16.96 £19.72 £18.25
Median hourly rate % change year-on-year
-13.98% +8.02%
90% offered a hourly rate of more than £13.70 £10.50 £11.55
10% offered a hourly rate of more than £41.68 £32.25 £49.75
UK excluding London median hourly rate £25.00 £22.75 £25.00
% change year-on-year
+9.89% -9.00%

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 31 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 31 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.

1 717 (60.25%) Finance
2 410 (34.45%) Investment Banking
3 338 (28.40%) Java
4 297 (24.96%) Agile Software Development
5 266 (22.35%) SQL
6 165 (13.87%) Front Office
7 159 (13.36%) Oracle
8 149 (12.52%) TDD
9 132 (11.09%) Unix
10 125 (10.50%) SQL Server
10 125 (10.50%) Derivative
11 120 (10.08%) C#
12 116 (9.75%) Stakeholder Management
13 113 (9.50%) Project Management
14 111 (9.33%) SDLC
15 109 (9.16%) .NET
16 102 (8.57%) Linux
17 101 (8.49%) Windows
18 100 (8.40%) Foreign Exchange (FX)
19 93 (7.82%) Fixed Income
20 92 (7.73%) Scrum
21 91 (7.65%) Equities
22 90 (7.56%) REST
23 86 (7.23%) Analytical Skills
24 85 (7.14%) Spring
24 85 (7.14%) Migration
25 82 (6.89%) JavaScript
26 76 (6.39%) Pair Programming
27 74 (6.22%) HTML
28 72 (6.05%) 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 34 (2.86%) Node.js
2 29 (2.44%) Tomcat
3 24 (2.02%) Oracle Coherence
4 21 (1.76%) SharePoint
5 15 (1.26%) WebSphere
6 14 (1.18%) IIS
7 13 (1.09%) Jetty
8 10 (0.84%) Apache
8 10 (0.84%) nginx
9 8 (0.67%) JBoss
9 8 (0.67%) SAS
10 7 (0.59%) Apache Spark
10 7 (0.59%) MS Exchange
10 7 (0.59%) WebLogic
11 5 (0.42%) Cloud Foundry
11 5 (0.42%) Elasticsearch
11 5 (0.42%) Mule
11 5 (0.42%) SharePoint 2013
12 4 (0.34%) MQSeries
12 4 (0.34%) Oracle HTTP Server
Applications
1 57 (4.79%) MS Excel
2 26 (2.18%) MS Office
3 16 (1.34%) MS Project
4 14 (1.18%) MS PowerPoint
5 13 (1.09%) MS Visio
6 5 (0.42%) Spreadsheet
7 2 (0.17%) Photoshop
8 1 (0.084%) Open Workbench
Business Applications
1 8 (0.67%) Dynamics CRM
1 8 (0.67%) ION MarketView
1 8 (0.67%) Markit EDM
2 7 (0.59%) Oracle Assets
2 7 (0.59%) Oracle E-Business Tax
2 7 (0.59%) Oracle Financials
2 7 (0.59%) Oracle General Ledger
2 7 (0.59%) Oracle Payables
3 4 (0.34%) Oracle EBS
3 4 (0.34%) RMDS
4 3 (0.25%) Hi Portfolio
5 2 (0.17%) Bloomberg TOMS
5 2 (0.17%) Endur
5 2 (0.17%) Loan IQ
5 2 (0.17%) SunGard GMI
5 2 (0.17%) SunGard Stream Clearvision
6 1 (0.084%) Advent Geneva
6 1 (0.084%) Oracle BPM
6 1 (0.084%) Oracle EBS R12
6 1 (0.084%) Rolfe and Nolan
Cloud Services
1 12 (1.01%) Amazon AWS
2 11 (0.92%) Microsoft Azure
3 8 (0.67%) PaaS
4 5 (0.42%) OpenShift
5 4 (0.34%) GitHub
6 3 (0.25%) Heroku
7 2 (0.17%) SuccessFactors
8 1 (0.084%) Amazon EC2
8 1 (0.084%) Amazon ELB
8 1 (0.084%) Amazon EMR
8 1 (0.084%) Amazon S3
8 1 (0.084%) AWS CloudFormation
8 1 (0.084%) AWS CloudTrail
8 1 (0.084%) AWS Elastic Beanstalk
8 1 (0.084%) Azure Active Directory
8 1 (0.084%) Google Analytics
8 1 (0.084%) IaaS
8 1 (0.084%) Office 365
8 1 (0.084%) Route 53
8 1 (0.084%) Trello
Communications & Networking
1 25 (2.10%) DNS
1 25 (2.10%) Firewall
2 21 (1.76%) SAN
3 18 (1.51%) LAN
4 16 (1.34%) WAN
5 13 (1.09%) TCP/IP
6 12 (1.01%) NAS
7 9 (0.76%) Network Security
8 7 (0.59%) Intranet
8 7 (0.59%) VPN
9 6 (0.50%) Cisco Nexus
9 6 (0.50%) DHCP
9 6 (0.50%) HTTP
10 4 (0.34%) Cisco ASA
10 4 (0.34%) PuTTY
11 3 (0.25%) FTP
11 3 (0.25%) LDAP
11 3 (0.25%) SNMP
11 3 (0.25%) VLAN
11 3 (0.25%) VoIP
Database & Business Intelligence
1 125 (10.50%) SQL Server
2 62 (5.21%) Oracle Database
3 58 (4.87%) NoSQL
4 51 (4.29%) Data Warehouse
5 48 (4.03%) Apache Cassandra
6 45 (3.78%) Relational Database
7 26 (2.18%) RDBMS
7 26 (2.18%) SQL Server Integration Services
8 23 (1.93%) Oracle Database 11g
9 22 (1.85%) Oracle Database 10g
10 21 (1.76%) Big Data
11 20 (1.68%) SQL Server Reporting Services
12 17 (1.43%) SQL Server 2008
13 16 (1.34%) MongoDB
13 16 (1.34%) MySQL
14 14 (1.18%) Apache Hive
14 14 (1.18%) BusinessObjects
15 13 (1.09%) MS Access
16 11 (0.92%) Hadoop
16 11 (0.92%) KDB
Development Applications
1 47 (3.95%) Maven
2 40 (3.36%) JIRA
3 31 (2.61%) Subversion
4 25 (2.10%) IntelliJ
5 24 (2.02%) Eclipse
5 24 (2.02%) Selenium
6 22 (1.85%) SpecFlow
7 20 (1.68%) Cucumber
7 20 (1.68%) JUnit
8 17 (1.43%) Jenkins
9 15 (1.26%) Git (software)
10 12 (1.01%) TeamCity
11 9 (0.76%) Ant
12 7 (0.59%) ClearCase
12 7 (0.59%) JMeter
12 7 (0.59%) LoadRunner
12 7 (0.59%) NUnit
12 7 (0.59%) Team Foundation Server
13 6 (0.50%) FitNesse
13 6 (0.50%) Mockito
General
1 717 (60.25%) Finance
2 410 (34.45%) Investment Banking
3 165 (13.87%) Front Office
4 59 (4.96%) Retail
5 40 (3.36%) Financial Institution
6 32 (2.69%) Back Office
6 32 (2.69%) Retail Banking
7 31 (2.61%) Telecoms
8 13 (1.09%) Legal
9 12 (1.01%) General Ledger
10 11 (0.92%) Advertising
11 10 (0.84%) Marketing
12 8 (0.67%) Games
13 6 (0.50%) Private Banking
14 5 (0.42%) Publishing
15 4 (0.34%) Billing
15 4 (0.34%) Law
16 3 (0.25%) Corporate Banking
17 2 (0.17%) International Banking
17 2 (0.17%) Wholesale Banking
Job Titles
1 410 (34.45%) Developer
2 266 (22.35%) Analyst
3 224 (18.82%) Java Developer
4 138 (11.60%) Business Analyst
5 118 (9.92%) Senior Developer
6 86 (7.23%) Banking Analyst
6 86 (7.23%) Project Manager
7 78 (6.55%) Senior Java Developer
8 75 (6.30%) Architect
9 66 (5.55%) Agile Developer
10 64 (5.38%) Agile Java Developer
11 59 (4.96%) C# Developer
12 50 (4.20%) Consultant
13 38 (3.19%) Test Analyst
14 35 (2.94%) Applications Support
15 34 (2.86%) Front Office Developer
16 33 (2.77%) Senior Analyst
17 32 (2.69%) Solutions Architect
17 32 (2.69%) Support Analyst
18 31 (2.61%) Administrator
Libraries, Frameworks & Software Standards
1 109 (9.16%) .NET
2 90 (7.56%) REST
3 85 (7.14%) Spring
4 74 (6.22%) HTML
5 57 (4.79%) AngularJS
6 51 (4.29%) XML
7 50 (4.20%) CSS
8 48 (4.03%) HTML5
9 43 (3.61%) Web Services
10 36 (3.03%) CSS3
11 35 (2.94%) ASP.NET
12 31 (2.61%) SOAP
13 30 (2.52%) FIX Protocol
14 29 (2.44%) GWT
14 29 (2.44%) WPF
15 28 (2.35%) .NET Framework
16 27 (2.27%) Struts
16 27 (2.27%) Struts2
17 22 (1.85%) JMS
17 22 (1.85%) JSON
Miscellaneous
1 125 (10.50%) Derivative
2 100 (8.40%) Foreign Exchange (FX)
3 93 (7.82%) Fixed Income
4 91 (7.65%) Equities
5 86 (7.23%) Analytical Skills
6 38 (3.19%) Market Risk
7 31 (2.61%) Credit Risk
8 23 (1.93%) Mathematics
9 21 (1.76%) Data Centre
10 18 (1.51%) Computer Science
11 16 (1.34%) User Experience
12 14 (1.18%) Enterprise Software
12 14 (1.18%) Fintech
12 14 (1.18%) PMI
12 14 (1.18%) Visualisation
13 11 (0.92%) Hedge funds
13 11 (0.92%) Inversion of Control
13 11 (0.92%) Management Information System
13 11 (0.92%) OTC Derivatives
14 10 (0.84%) SWIFT
Operating Systems
1 132 (11.09%) Unix
2 102 (8.57%) Linux
3 101 (8.49%) Windows
4 32 (2.69%) Windows Server
5 23 (1.93%) Solaris
6 21 (1.76%) Red Hat Enterprise Linux
7 11 (0.92%) Windows 7
8 10 (0.84%) Windows Server 2012
9 9 (0.76%) Windows Server 2008
10 8 (0.67%) AIX
11 7 (0.59%) Android
12 6 (0.50%) Apple iOS
13 4 (0.34%) Windows Server 2003
13 4 (0.34%) Windows Vista
14 3 (0.25%) zOS
15 2 (0.17%) Mesosphere
15 2 (0.17%) VMS
15 2 (0.17%) Windows 10
15 2 (0.17%) Windows 8
15 2 (0.17%) Windows XP
Processes & Methodologies
1 297 (24.96%) Agile Software Development
2 149 (12.52%) TDD
3 116 (9.75%) Stakeholder Management
4 113 (9.50%) Project Management
5 111 (9.33%) SDLC
6 92 (7.73%) Scrum
7 85 (7.14%) Migration
8 76 (6.39%) Pair Programming
9 71 (5.97%) Business Analysis
10 69 (5.80%) OO
11 62 (5.21%) ITIL
12 59 (4.96%) BDD
13 57 (4.79%) Multithreading
14 51 (4.29%) Risk Management
15 46 (3.87%) Analytics
15 46 (3.87%) User Acceptance Testing
16 43 (3.61%) Continuous Integration
17 40 (3.36%) Data Modelling
18 35 (2.94%) DevOps
18 35 (2.94%) PRINCE2
Programming Languages
1 338 (28.40%) Java
2 266 (22.35%) SQL
3 120 (10.08%) C#
4 82 (6.89%) JavaScript
5 43 (3.61%) Shell Script
6 39 (3.28%) Perl
7 36 (3.03%) PL/SQL
7 36 (3.03%) Python
8 35 (2.94%) VBA
9 31 (2.61%) T-SQL
10 28 (2.35%) Scala
11 24 (2.02%) C++
12 22 (1.85%) VB
13 20 (1.68%) PowerShell
14 12 (1.01%) Bash Shell
15 11 (0.92%) C
16 10 (0.84%) VB.NET
17 8 (0.67%) Ruby
18 6 (0.50%) MATLAB
19 5 (0.42%) ANSI SQL
Qualifications
1 37 (3.11%) Degree
2 22 (1.85%) PMI Certification
3 16 (1.34%) CISSP
4 14 (1.18%) Cisco Certification
5 13 (1.09%) PMP
6 12 (1.01%) CISA
7 11 (0.92%) CISM
8 9 (0.76%) Microsoft Certification
8 9 (0.76%) RHCE
9 8 (0.67%) ITIL Certification
10 7 (0.59%) CCIE
10 7 (0.59%) CCNA
10 7 (0.59%) CCNP
10 7 (0.59%) CRISC
11 6 (0.50%) MCSE
12 5 (0.42%) IBM Certification
12 5 (0.42%) ISTQB
12 5 (0.42%) OCP
12 5 (0.42%) Oracle Certification
12 5 (0.42%) RHCA
Quality Assurance & Compliance
1 32 (2.69%) QA
2 26 (2.18%) MiFID
3 18 (1.51%) SEPA
4 14 (1.18%) Data Quality
5 12 (1.01%) Dodd-Frank
6 10 (0.84%) EMIR
6 10 (0.84%) FATCA
7 9 (0.76%) COBIT
7 9 (0.76%) SLA
8 6 (0.50%) Basel III
9 4 (0.34%) COREP
9 4 (0.34%) ISO/IEC 27001
10 3 (0.25%) ISO15022
10 3 (0.25%) ISO20022
10 3 (0.25%) Sarbanes-Oxley
11 1 (0.084%) AIFMD
11 1 (0.084%) Basel II
11 1 (0.084%) CRD IV
11 1 (0.084%) Solvency II
11 1 (0.084%) UCITS
System Software
1 37 (3.11%) Active Directory
2 27 (2.27%) VMware Infrastructure
3 12 (1.01%) Oracle RAC
4 7 (0.59%) Docker
5 6 (0.50%) VMware ESX
6 5 (0.42%) KVM
6 5 (0.42%) vSphere
7 4 (0.34%) XenApp
8 3 (0.25%) Hyper-V
8 3 (0.25%) Microsoft Virtual Server
8 3 (0.25%) NFS
8 3 (0.25%) SRDF
8 3 (0.25%) Xen
9 2 (0.17%) RACF
9 2 (0.17%) Veritas Volume Manager
10 1 (0.084%) HDFS
10 1 (0.084%) Samba
10 1 (0.084%) Sendmail
10 1 (0.084%) Snort
10 1 (0.084%) Veritas Cluster Server
Systems Management
1 32 (2.69%) Puppet
2 24 (2.02%) Opscode Chef
3 17 (1.43%) HP Quality Center
4 9 (0.76%) Control-M
5 8 (0.67%) Ansible
5 8 (0.67%) ITRS Geneos
6 7 (0.59%) logstash
6 7 (0.59%) Oracle RMAN
6 7 (0.59%) SCCM
7 6 (0.50%) SCOM
8 5 (0.42%) BladeLogic
8 5 (0.42%) Ganglia
8 5 (0.42%) Kibana
8 5 (0.42%) Nagios
9 4 (0.34%) Data Guard
9 4 (0.34%) Oracle Enterprise Manager
9 4 (0.34%) RSA Archer
10 3 (0.25%) AppDNA
10 3 (0.25%) Capistrano
10 3 (0.25%) HP Operations Orchestration
Vendors
1 159 (13.36%) Oracle
2 72 (6.05%) Microsoft
3 46 (3.87%) Sybase
4 38 (3.19%) VMware
5 35 (2.94%) Cisco
6 33 (2.77%) Red Hat
7 31 (2.61%) IBM
8 23 (1.93%) HP
9 22 (1.85%) Murex
10 19 (1.60%) DataSynapse
11 16 (1.34%) Citrix
12 15 (1.26%) Bloomberg
13 14 (1.18%) EMC
13 14 (1.18%) Splunk
14 13 (1.09%) Informatica
14 13 (1.09%) ION Trading
15 12 (1.01%) Fidessa
15 12 (1.01%) Reuters
16 11 (0.92%) DevExpress
16 11 (0.92%) SAP
City, London
Hays Finance Technology
Rate: £550.00 - £595.00 per day
Posted: 3 days ago
City, London
Twenty Recruitment Group
Rate: £600 per annum
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £550.00 per day
Posted: 4 days ago
City, London
ANSON MCCADE
Rate: £375 per day
Posted: 4 days ago
City, London
ComputAppoint
Rate: £330 per day
Posted: 4 days ago
City, London
ANSON MCCADE
Rate: £375 per day
Posted: 4 days ago
City, London
LEXSTRA
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
Hatstand Limited
Rate: £550 - £650 per day
Posted: 4 days ago
City, London
Oscar
Rate: £250 - £320 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 6 days ago
City, London
ANSON MCCADE
Rate: £350 - £375 per day
Posted: 4 days ago
City, London
Understanding Recruitment
Rate: £450.00 - £500.00 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 6 days ago
City of London
iKas International
Posted: 6 days ago
City, London
Hays Finance Technology
Rate: £650.00 - £750.00 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 5 days ago
City of London
Hays London City Cheapside
Rate: £550.00 - £600.00 per day
Posted: 11 days ago
City, London
Understanding Recruitment
Rate: £300.00 - £350.00 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 6 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 per day
Posted: 5 days ago
City, London
Benedict Cole Limited
Rate: £750 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £400 - £450 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £400 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £650 - £750 per day + 6 month term initailly
Posted: 4 days ago
City, London
TEKsystems
Rate: £375 - £400 per day
Posted: 5 days ago
City, London
Michael Page Technology
Posted: 4 days ago
City, London
Quant Capital
Rate: Up to £520 per day
Posted: 4 days ago
City of London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day + 6 month term initailly
Posted: 11 days ago
City. London
Computer Recruitment Services
Rate: 375-425 GBP/day negotiable
Posted: 14 days ago