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 14 February 2016 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
14 Feb 2016
Same period 2015 Same period 2014
Banking
Rank 4 6 3
Rank change year-on-year
+2 -3
Contract jobs citing Banking 611 882 1311
As % of all contract IT jobs located in the City of London 19.45% 17.37% 22.48%
As % of the General category 34.81% 33.46% 41.15%
Number of daily rates quoted 502 691 1047
Average daily rate £525 £500 £525
Average daily rate % change year-on-year
+5.00% -4.76%
90% offered a daily rate of more than £350 £325 £375
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 2 2 12
Average hourly rate £34.00 £35.63 £20.75
Average hourly rate % change year-on-year
-4.56% +71.68%
90% offered a hourly rate of more than £23.20 £24.13 £18.05
10% offered a hourly rate of more than £44.80 £47.13 £67.25
UK excluding London average hourly rate £13.75 £10.44 £9.94
% change year-on-year
+31.70% +5.03%
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
1755 2636 3186
As % of all contract IT jobs located in the City of London 55.86% 51.91% 54.63%
Number of daily rates quoted 1379 2054 2372
Average daily rate £525 £475 £500
Average daily rate % change year-on-year
+10.52% -5.00%
90% offered a daily rate of more than £313 £300 £313
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 13 14 50
Average hourly rate £39.75 £17.87 £21.00
Average hourly rate % change year-on-year
+122.50% -14.92%
90% offered a hourly rate of more than £18.99 £13.20 £14.00
10% offered a hourly rate of more than £55.00 £29.60 £42.50
UK excluding London average hourly rate £32.75 £25.00 £21.50
% change year-on-year
+31.00% +16.27%

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 14 February 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
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 14 February 2016.

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 14 February 2016, 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.

1 821 (57.53%) Finance
2 591 (41.42%) Investment Banking
3 333 (23.34%) Java
4 317 (22.21%) SQL
5 309 (21.65%) Agile Software Development
6 214 (15.00%) Front Office
7 160 (11.21%) Oracle
8 158 (11.07%) C#
9 144 (10.09%) Derivative
10 142 (9.95%) Unix
11 137 (9.60%) SQL Server
12 126 (8.83%) Project Management
13 122 (8.55%) Windows
14 121 (8.48%) .NET
14 121 (8.48%) Stakeholder Management
15 120 (8.41%) Business Analysis
16 116 (8.13%) Foreign Exchange (FX)
17 115 (8.06%) TDD
18 113 (7.92%) Equities
19 109 (7.64%) SDLC
20 101 (7.08%) Scrum
21 100 (7.01%) REST
22 98 (6.87%) Fixed Income
23 95 (6.66%) Microsoft
24 91 (6.38%) Linux
25 90 (6.31%) JavaScript
26 82 (5.75%) Degree
27 78 (5.47%) Migration
27 78 (5.47%) Data Warehouse
28 77 (5.40%) User Acceptance Testing

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

For the 6 months to 14 February 2016, 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 24 (1.68%) SharePoint
2 23 (1.61%) Oracle Coherence
3 16 (1.12%) Tomcat
4 13 (0.91%) Confluence
4 13 (0.91%) SAS
5 12 (0.84%) Apache Spark
5 12 (0.84%) Node.js
6 11 (0.77%) JBoss
7 10 (0.70%) WebSphere
8 9 (0.63%) IIS
9 8 (0.56%) Apache
10 7 (0.49%) IBM Notes
10 7 (0.49%) MS Exchange
10 7 (0.49%) WebLogic
11 6 (0.42%) MQSeries
12 5 (0.35%) Elasticsearch
12 5 (0.35%) Mule
12 5 (0.35%) Oracle Workflow
12 5 (0.35%) SharePoint 2013
13 4 (0.28%) Skype for Business
Applications
1 72 (5.05%) MS Excel
2 36 (2.52%) MS Office
3 30 (2.10%) MS PowerPoint
4 23 (1.61%) MS Visio
5 18 (1.26%) MS Project
6 5 (0.35%) Spreadsheet
7 2 (0.14%) Adobe Illustrator
7 2 (0.14%) Photoshop
8 1 (0.070%) Acrobat
8 1 (0.070%) InfoPath
8 1 (0.070%) Open Workbench
Business Applications
1 14 (0.98%) Dynamics CRM
2 9 (0.63%) ION MarketView
2 9 (0.63%) Markit EDM
3 7 (0.49%) RMDS
4 6 (0.42%) Eikon
4 6 (0.42%) Oracle Financials
5 5 (0.35%) Oracle BPM
5 5 (0.35%) Oracle General Ledger
5 5 (0.35%) Summit
5 5 (0.35%) Workday HCM
6 4 (0.28%) Cognos Business Intelligence
6 4 (0.28%) Oracle Assets
6 4 (0.28%) Oracle EBS
6 4 (0.28%) Oracle E-Business Tax
6 4 (0.28%) Oracle Payables
6 4 (0.28%) SunGard GMI
7 3 (0.21%) OpenText MBPM
7 3 (0.21%) Oracle Subledger Accounting
7 3 (0.21%) Remedy ITSM
7 3 (0.21%) Rolfe and Nolan
Cloud Services
1 13 (0.91%) Amazon AWS
2 4 (0.28%) Microsoft Azure
3 2 (0.14%) PaaS
3 2 (0.14%) SuccessFactors
4 1 (0.070%) Cloud Computing
4 1 (0.070%) GitHub
4 1 (0.070%) IaaS
4 1 (0.070%) IBM Blueworks
4 1 (0.070%) OpenShift
Communications & Networking
1 24 (1.68%) Firewall
2 23 (1.61%) TCP/IP
3 20 (1.40%) DNS
4 17 (1.19%) SAN
5 14 (0.98%) DHCP
6 9 (0.63%) LAN
6 9 (0.63%) NAS
6 9 (0.63%) Network Security
6 9 (0.63%) VPN
7 8 (0.56%) HTTP
8 7 (0.49%) BGP
8 7 (0.49%) Cisco Nexus
8 7 (0.49%) WAN
9 5 (0.35%) FTP
9 5 (0.35%) OSPF
10 4 (0.28%) Cisco IOS
10 4 (0.28%) Internet
10 4 (0.28%) LDAP
10 4 (0.28%) NX-OS
10 4 (0.28%) Spanning Tree
Database & Business Intelligence
1 137 (9.60%) SQL Server
2 78 (5.47%) Data Warehouse
3 48 (3.36%) Relational Database
4 47 (3.29%) NoSQL
4 47 (3.29%) Oracle Database
5 45 (3.15%) Apache Cassandra
6 40 (2.80%) SQL Server Integration Services
7 36 (2.52%) RDBMS
8 31 (2.17%) Big Data
9 26 (1.82%) BusinessObjects
9 26 (1.82%) SQL Server 2008
10 20 (1.40%) Oracle Database 11g
11 19 (1.33%) SQL Server Reporting Services
12 18 (1.26%) Hadoop
13 17 (1.19%) SQL Server 2012
14 13 (0.91%) Data Mart
14 13 (0.91%) MongoDB
15 12 (0.84%) SQL Server Analysis Services
16 10 (0.70%) BusinessObjects XI
16 10 (0.70%) Data Mining
Development Applications
1 59 (4.13%) JIRA
2 35 (2.45%) Subversion
3 30 (2.10%) Jenkins
3 30 (2.10%) Maven
4 25 (1.75%) Git (software)
5 23 (1.61%) JUnit
5 23 (1.61%) TeamCity
6 15 (1.05%) Selenium
7 14 (0.98%) Cucumber
7 14 (0.98%) Mockito
8 10 (0.70%) Gradle
8 10 (0.70%) HP UFT
9 9 (0.63%) Ant
9 9 (0.63%) ClearCase
9 9 (0.63%) SpecFlow
9 9 (0.63%) Team Foundation Server
10 8 (0.56%) Atlassian Bamboo
10 8 (0.56%) ClearQuest
10 8 (0.56%) WebDriver
11 7 (0.49%) Visual Studio
General
1 821 (57.53%) Finance
2 591 (41.42%) Investment Banking
3 214 (15.00%) Front Office
4 75 (5.26%) Retail
5 62 (4.34%) Financial Institution
6 57 (3.99%) Back Office
7 49 (3.43%) Retail Banking
8 33 (2.31%) Telecoms
9 28 (1.96%) Advertising
10 22 (1.54%) Legal
11 19 (1.33%) Games
12 12 (0.84%) Marketing
13 11 (0.77%) General Ledger
14 10 (0.70%) Law
15 9 (0.63%) Private Banking
16 8 (0.56%) Wholesale Banking
17 7 (0.49%) International Banking
18 4 (0.28%) Corporate Banking
19 2 (0.14%) German Language
19 2 (0.14%) Spanish Language
Job Titles
1 451 (31.60%) Developer
2 372 (26.07%) Analyst
3 228 (15.98%) Business Analyst
4 210 (14.72%) Java Developer
5 108 (7.57%) Project Manager
6 107 (7.50%) Banking Analyst
7 84 (5.89%) Senior Developer
8 75 (5.26%) C# Developer
9 71 (4.98%) Architect
10 57 (3.99%) Consultant
11 56 (3.92%) Senior Java Developer
12 55 (3.85%) Agile Developer
13 50 (3.50%) Agile Java Developer
14 45 (3.15%) Front Office Developer
15 44 (3.08%) Test Analyst
16 41 (2.87%) Banking Business Analyst
17 39 (2.73%) Senior Analyst
18 37 (2.59%) Solutions Architect
19 36 (2.52%) Support Analyst
20 35 (2.45%) Applications Support
Libraries, Frameworks & Software Standards
1 121 (8.48%) .NET
2 100 (7.01%) REST
3 73 (5.12%) HTML
4 68 (4.77%) Spring
5 47 (3.29%) Web Services
6 45 (3.15%) JMS
7 43 (3.01%) FIX Protocol
8 41 (2.87%) WPF
8 41 (2.87%) XML
9 40 (2.80%) ASP.NET
10 37 (2.59%) HTML5
10 37 (2.59%) WCF
11 35 (2.45%) AngularJS
12 34 (2.38%) Hibernate
13 27 (1.89%) CSS
14 25 (1.75%) ASP.NET MVC
15 24 (1.68%) SOAP
16 21 (1.47%) Middleware
17 19 (1.33%) .NET Framework
18 16 (1.12%) RESTful
Miscellaneous
1 144 (10.09%) Derivative
2 116 (8.13%) Foreign Exchange (FX)
3 113 (7.92%) Equities
4 98 (6.87%) Fixed Income
5 73 (5.12%) Analytical Skills
6 48 (3.36%) Computer Science
7 45 (3.15%) Market Risk
8 35 (2.45%) Mathematics
9 34 (2.38%) User Experience
10 32 (2.24%) Credit Risk
11 29 (2.03%) SWIFT
12 26 (1.82%) Data Centre
12 26 (1.82%) Equity Derivative
13 19 (1.33%) PMI
14 18 (1.26%) Visualisation
15 16 (1.12%) Fintech
16 15 (1.05%) Blackberry
17 14 (0.98%) Online Banking
18 12 (0.84%) Enterprise Software
18 12 (0.84%) Mobile App
Operating Systems
1 142 (9.95%) Unix
2 122 (8.55%) Windows
3 91 (6.38%) Linux
4 31 (2.17%) Windows Server
5 24 (1.68%) Windows 7
6 21 (1.47%) Solaris
7 19 (1.33%) Windows Server 2008
8 18 (1.26%) Windows Server 2003
9 16 (1.12%) Red Hat Enterprise Linux
10 9 (0.63%) Windows XP
11 8 (0.56%) Windows Server 2012
12 7 (0.49%) AIX
12 7 (0.49%) Android
12 7 (0.49%) Apple iOS
13 5 (0.35%) SUSE
14 3 (0.21%) Windows 8
14 3 (0.21%) Windows Vista
15 2 (0.14%) VMS
16 1 (0.070%) Fedora
16 1 (0.070%) zOS
Processes & Methodologies
1 309 (21.65%) Agile Software Development
2 126 (8.83%) Project Management
3 121 (8.48%) Stakeholder Management
4 120 (8.41%) Business Analysis
5 115 (8.06%) TDD
6 109 (7.64%) SDLC
7 101 (7.08%) Scrum
8 78 (5.47%) Migration
9 77 (5.40%) User Acceptance Testing
10 73 (5.12%) Multithreading
11 65 (4.56%) Risk Management
12 63 (4.41%) Pair Programming
13 56 (3.92%) Data Modelling
14 55 (3.85%) Electronic Trading
15 53 (3.71%) Software Engineering
16 51 (3.57%) ITIL
17 49 (3.43%) Business Intelligence
18 47 (3.29%) OO
19 45 (3.15%) Analytics
19 45 (3.15%) PRINCE2
Programming Languages
1 333 (23.34%) Java
2 317 (22.21%) SQL
3 158 (11.07%) C#
4 90 (6.31%) JavaScript
5 60 (4.20%) Scala
6 49 (3.43%) Python
7 47 (3.29%) T-SQL
8 41 (2.87%) PL/SQL
9 40 (2.80%) Perl
10 36 (2.52%) Shell Script
11 35 (2.45%) C++
11 35 (2.45%) VBA
12 25 (1.75%) PowerShell
13 22 (1.54%) VB
14 15 (1.05%) Bash Shell
14 15 (1.05%) C
15 11 (0.77%) VB.NET
15 11 (0.77%) VBScript
16 9 (0.63%) Korn
17 8 (0.56%) XAML
Qualifications
1 82 (5.75%) Degree
2 27 (1.89%) PMI Certification
3 17 (1.19%) CISA
4 16 (1.12%) CISSP
5 15 (1.05%) CISM
6 9 (0.63%) PMP
7 7 (0.49%) Cisco Certification
8 6 (0.42%) CRISC
9 5 (0.35%) CCNP
9 5 (0.35%) ISTQB
9 5 (0.35%) ITIL Certification
9 5 (0.35%) PRINCE2 Certification
10 4 (0.28%) ACCA
10 4 (0.28%) HNC
10 4 (0.28%) HND
10 4 (0.28%) ISEB
10 4 (0.28%) SC Cleared
10 4 (0.28%) Security Cleared
11 3 (0.21%) CCNA
11 3 (0.21%) CCSA
Quality Assurance & Compliance
1 49 (3.43%) QA
2 36 (2.52%) SEPA
3 26 (1.82%) MiFID
4 18 (1.26%) Dodd-Frank
5 17 (1.19%) EMIR
6 16 (1.12%) Basel III
7 15 (1.05%) Data Quality
8 9 (0.63%) SLA
9 7 (0.49%) COBIT
10 5 (0.35%) COREP
10 5 (0.35%) FATCA
10 5 (0.35%) ISO20022
11 3 (0.21%) ISO/IEC 27001
11 3 (0.21%) ISO15022
12 2 (0.14%) NEBOSH
12 2 (0.14%) TARGET2
13 1 (0.070%) CRD IV
13 1 (0.070%) ISO 9001
13 1 (0.070%) Sarbanes-Oxley
System Software
1 30 (2.10%) Active Directory
2 17 (1.19%) VMware Infrastructure
3 7 (0.49%) NFS
4 6 (0.42%) Veritas Cluster Server
5 5 (0.35%) Hyper-V
5 5 (0.35%) Veritas Volume Manager
6 4 (0.28%) Apache ZooKeeper
6 4 (0.28%) Docker
6 4 (0.28%) VMware ESX
7 3 (0.21%) Microsoft Virtual Server
7 3 (0.21%) Samba
8 2 (0.14%) Oracle RAC
8 2 (0.14%) Snort
8 2 (0.14%) XenDesktop
9 1 (0.070%) HDFS
9 1 (0.070%) KVM
9 1 (0.070%) Platform Symphony
9 1 (0.070%) Veritas File System
9 1 (0.070%) VMware ESXi
9 1 (0.070%) vSphere
Systems Management
1 21 (1.47%) Puppet
2 20 (1.40%) HP Quality Center
3 15 (1.05%) ITRS Geneos
4 11 (0.77%) Opscode Chef
4 11 (0.77%) SCCM
4 11 (0.77%) SCOM
5 10 (0.70%) Control-M
5 10 (0.70%) Nagios
6 5 (0.35%) Ganglia
6 5 (0.35%) Kibana
6 5 (0.35%) logstash
7 4 (0.28%) Capistrano
7 4 (0.28%) NetBackup
7 4 (0.28%) Oracle RMAN
8 3 (0.21%) BMC PATROL
8 3 (0.21%) Oracle ZFS
8 3 (0.21%) vMotion
9 2 (0.14%) Ansible
9 2 (0.14%) Data Guard
9 2 (0.14%) Proventia
Vendors
1 160 (11.21%) Oracle
2 95 (6.66%) Microsoft
3 52 (3.64%) Sybase
4 31 (2.17%) HP
5 29 (2.03%) VMware
6 28 (1.96%) Murex
7 25 (1.75%) IBM
7 25 (1.75%) Red Hat
8 22 (1.54%) Bloomberg
8 22 (1.54%) Cisco
9 21 (1.47%) Informatica
9 21 (1.47%) Reuters
10 19 (1.33%) DataSynapse
10 19 (1.33%) SAP
11 18 (1.26%) Fidessa
12 16 (1.12%) Citrix
13 15 (1.05%) ION Trading
14 13 (0.91%) Splunk
15 12 (0.84%) EMC
15 12 (0.84%) ServiceNow
City, London
ARC IT Recruitment Ltd
Rate: Contract-Permanent
Posted: 2 days ago
City, London
Experis Ltd
Rate: £500.00 - £550.00 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
NDK Consulting.co.uk Ltd
Rate: Up to £550 per day
Posted: 2 days ago
City, London
Hatstand Limited
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day + on call allowance
Posted: 3 days ago
City, London
TEKsystems
Rate: £350 - £450 per day
Posted: 3 days ago
City, London
The People Network
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £550.00 - £575.00 per day
Posted: 3 days ago
City, London
The People Network
Rate: £220 - £250 per day
Posted: 3 days ago
City, London
The People Network
Rate: £400 - £500 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £350 - £400 per day
Posted: 3 days ago
City, London
Apollo Solutions
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
ANSON MCCADE
Rate: £600 - £680 per day
Posted: 3 days ago
City, London
MPower+
Rate: From £300 to £350 per annum
Posted: 4 days ago
City, London
TEKsystems
Rate: £650 - £700 per day
Posted: 4 days ago
City, London
TEKsystems
Posted: 4 days ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £550 - £600 per day
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £400 - £500 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £200 - £215 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £500 - £550 per day
Posted: 4 days ago
City, London
ARC IT Recruitment Ltd
Rate: £250 Per Day
Posted: 4 days ago
City, London
ARC IT Recruitment Ltd
Rate: £250 - £300 Per Day Up to £300 day rate initially
Posted: 4 days ago
City, London
Networking People
Rate: Negotiable / Competitive
Posted: 5 days ago