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 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 3 4 3
Rank change year-on-year
+1 -1
Contract jobs citing Banking 1117 1104 1992
As % of all contract IT jobs located in the City of London 20.79% 18.99% 27.50%
As % of the General category 39.02% 37.53% 46.95%
Number of daily rates quoted 891 829 1528
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £500
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £358 £325 £350
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 7 4 25
Average hourly rate £22.50 £20.25 £19.50
Average hourly rate % change year-on-year
+11.11% +3.84%
90% offered a hourly rate of more than £19.79 £18.30 £12.90
10% offered a hourly rate of more than £97.00 £21.85 £40.00
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%
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
2863 2942 4243
As % of all contract IT jobs located in the City of London 53.28% 50.60% 58.58%
Number of daily rates quoted 2225 2178 3157
Average daily rate £500 £475 £475
Average daily rate % change year-on-year
+5.26% -
90% offered a daily rate of more than £320 £300 £320
10% offered a daily rate of more than £650 £638 £625
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 34 28 65
Average hourly rate £21.00 £19.00 £20.50
Average hourly rate % change year-on-year
+10.52% -7.31%
90% offered a hourly rate of more than £12.14 £11.00 £13.50
10% offered a hourly rate of more than £40.00 £31.02 £52.05
UK excluding London average hourly rate £25.83 £22.50 £22.47
% change year-on-year
+14.80% +0.15%

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 28 August 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 28 August 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 28 August 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 1214 (55.13%) Finance
2 783 (35.56%) Investment Banking
3 484 (21.98%) SQL
4 400 (18.17%) Agile Software Development
5 315 (14.31%) Java
6 267 (12.13%) Oracle
7 258 (11.72%) C#
8 245 (11.13%) Front Office
9 241 (10.94%) Stakeholder Management
10 216 (9.81%) Project Management
11 213 (9.67%) SQL Server
12 207 (9.40%) .NET
13 191 (8.67%) Windows
14 186 (8.45%) Microsoft
15 184 (8.36%) Business Analysis
16 171 (7.77%) UNIX
17 165 (7.49%) Retail
18 156 (7.08%) Derivative
19 155 (7.04%) JavaScript
19 155 (7.04%) Analytical Skills
20 148 (6.72%) Linux
21 139 (6.31%) HTML
22 134 (6.09%) MS Excel
23 132 (5.99%) SDLC
24 115 (5.22%) Risk Management
24 115 (5.22%) Multithreading
25 113 (5.13%) User Acceptance Testing
25 113 (5.13%) Foreign Exchange (FX)
26 109 (4.95%) Data Warehouse
26 109 (4.95%) Scrum

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

For the 6 months to 28 August 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 59 (2.68%) SharePoint
2 36 (1.63%) Oracle Coherence
3 24 (1.09%) WebSphere
4 22 (1.00%) IIS
5 20 (0.91%) Blackberry Enterprise Server
5 20 (0.91%) Apache Spark
6 18 (0.82%) Tomcat
7 17 (0.77%) SAS
8 16 (0.73%) Apache
9 14 (0.64%) MS Exchange
9 14 (0.64%) WebLogic
10 12 (0.54%) IBM Notes
10 12 (0.54%) Lync
11 10 (0.45%) CMS
12 9 (0.41%) SharePoint 2010
12 9 (0.41%) JBoss
13 7 (0.32%) WebSphere Application Server
13 7 (0.32%) CICS
14 6 (0.27%) WebLogic Portal
14 6 (0.27%) Node.js
Applications
1 134 (6.09%) MS Excel
2 83 (3.77%) MS Office
3 52 (2.36%) MS PowerPoint
4 40 (1.82%) MS Visio
5 31 (1.41%) MS Project
6 9 (0.41%) Spreadsheet
7 3 (0.14%) Adobe Captivate
7 3 (0.14%) Open Workbench
8 2 (0.091%) Maple
8 2 (0.091%) LaTeX
8 2 (0.091%) Photoshop
8 2 (0.091%) Mathematica
9 1 (0.045%) Adobe Illustrator
9 1 (0.045%) Acrobat
9 1 (0.045%) RoboHelp
9 1 (0.045%) OmniGraffle
Business Applications
1 27 (1.23%) Dynamics CRM
2 17 (0.77%) Oracle BPM
3 11 (0.50%) Oracle EBS
4 10 (0.45%) RMDS
5 8 (0.36%) Oracle General Ledger
6 7 (0.32%) ION MarketView
6 7 (0.32%) Oracle Applications
6 7 (0.32%) Oracle Financials
7 6 (0.27%) Adaptiv
7 6 (0.27%) Summit
8 5 (0.23%) SAP CO
8 5 (0.23%) SAP FI
8 5 (0.23%) SAP FI/CO
8 5 (0.23%) SunGard GMI
8 5 (0.23%) Oracle Payables
8 5 (0.23%) Oracle Assets
8 5 (0.23%) Oracle E-Business Tax
9 4 (0.18%) assyst
10 3 (0.14%) Eagle PACE
10 3 (0.14%) GoldMine
Cloud Services
1 12 (0.54%) SaaS
2 9 (0.41%) PaaS
3 8 (0.36%) Microsoft Azure
4 7 (0.32%) Office 365
5 5 (0.23%) IaaS
6 4 (0.18%) Adobe Analytics
6 4 (0.18%) Amazon AWS
6 4 (0.18%) Azure Active Directory
7 2 (0.091%) Taleo
7 2 (0.091%) Cloud Computing
8 1 (0.045%) IBM Blueworks
Communications & Networking
1 47 (2.13%) Firewall
2 38 (1.73%) DNS
3 36 (1.63%) Internet
4 35 (1.59%) SAN
4 35 (1.59%) TCP/IP
5 28 (1.27%) LAN
6 22 (1.00%) BGP
7 21 (0.95%) WAN
8 19 (0.86%) Multicast
8 19 (0.86%) OSPF
9 17 (0.77%) DHCP
10 16 (0.73%) LDAP
10 16 (0.73%) Network Security
10 16 (0.73%) NAS
11 14 (0.64%) Cisco Nexus
12 12 (0.54%) HTTP
13 11 (0.50%) VPN
14 10 (0.45%) HSRP
15 9 (0.41%) EIGRP
16 8 (0.36%) FTP
Database & Business Intelligence
1 213 (9.67%) SQL Server
2 109 (4.95%) Data Warehouse
3 78 (3.54%) Relational Database
4 75 (3.41%) Oracle Database
5 73 (3.32%) SQL Server Integration Services
6 55 (2.50%) Big Data
7 45 (2.04%) Hadoop
8 44 (2.00%) SQL Server 2008
9 39 (1.77%) SQL Server Reporting Services
10 35 (1.59%) BusinessObjects
11 29 (1.32%) RDBMS
12 27 (1.23%) Oracle Database 11g
13 26 (1.18%) SQL Server Analysis Services
14 25 (1.14%) DB2
15 23 (1.04%) MS Access
16 20 (0.91%) QlikView
17 18 (0.82%) SQL Server 2005
18 17 (0.77%) SQL Server 2012
19 15 (0.68%) Data Mining
20 14 (0.64%) OLAP
Development Applications
1 54 (2.45%) TeamCity
2 49 (2.23%) Maven
3 47 (2.13%) JIRA
4 45 (2.04%) Subversion
5 39 (1.77%) Git (software)
6 24 (1.09%) Jenkins
7 21 (0.95%) Visual Studio
8 20 (0.91%) Team Foundation Server
9 19 (0.86%) Ant
10 15 (0.68%) Selenium
11 12 (0.54%) JUnit
12 11 (0.50%) WebDriver
12 11 (0.50%) Grunt
13 10 (0.45%) Bower
14 9 (0.41%) Cucumber
15 8 (0.36%) NUnit
16 7 (0.32%) HP UFT
16 7 (0.32%) Gradle
16 7 (0.32%) SpecFlow
17 6 (0.27%) Eclipse
General
1 1214 (55.13%) Finance
2 783 (35.56%) Investment Banking
3 245 (11.13%) Front Office
4 165 (7.49%) Retail
5 106 (4.81%) Retail Banking
6 65 (2.95%) Financial Institution
7 56 (2.54%) Back Office
8 54 (2.45%) Telecoms
9 40 (1.82%) Legal
10 37 (1.68%) Advertising
11 22 (1.00%) Corporate Banking
12 17 (0.77%) Law
12 17 (0.77%) Marketing
13 15 (0.68%) Private Banking
14 13 (0.59%) General Ledger
15 12 (0.54%) Wholesale Banking
16 4 (0.18%) International Banking
17 3 (0.14%) Pharmaceutical
17 3 (0.14%) Games
18 2 (0.091%) Polish Language
Job Titles
1 601 (27.29%) Analyst
2 560 (25.43%) Developer
3 353 (16.03%) Business Analyst
4 237 (10.76%) Project Manager
5 138 (6.27%) Java Developer
6 106 (4.81%) Architect
7 104 (4.72%) C# Developer
8 99 (4.50%) Senior Developer
9 81 (3.68%) Data Analyst
10 78 (3.54%) Consultant
11 68 (3.09%) Banking Business Analyst
12 62 (2.82%) SQL Developer
13 52 (2.36%) Administrator
14 48 (2.18%) Test Manager
15 47 (2.13%) Solutions Architect
15 47 (2.13%) Senior Analyst
16 41 (1.86%) .NET Developer
17 40 (1.82%) Test Analyst
18 37 (1.68%) Programme Manager
18 37 (1.68%) C++ Developer
Libraries, Frameworks & Software Standards
1 207 (9.40%) .NET
2 139 (6.31%) HTML
3 91 (4.13%) HTML5
4 80 (3.63%) XML
5 73 (3.32%) WPF
6 65 (2.95%) ASP.NET
7 64 (2.91%) AngularJS
8 62 (2.82%) Spring
9 51 (2.32%) JMS
10 50 (2.27%) FIX Protocol
11 46 (2.09%) Web Services
12 45 (2.04%) WCF
13 43 (1.95%) RESTful
14 41 (1.86%) Hibernate
15 40 (1.82%) CSS
16 39 (1.77%) jQuery
17 37 (1.68%) SOAP
18 36 (1.63%) REST
19 31 (1.41%) ASP.NET MVC
20 28 (1.27%) J2EE
Miscellaneous
1 156 (7.08%) Derivative
2 155 (7.04%) Analytical Skills
3 113 (5.13%) Foreign Exchange (FX)
4 100 (4.54%) Credit Risk
5 98 (4.45%) Fixed Income
6 77 (3.50%) Equities
7 61 (2.77%) Market Risk
8 52 (2.36%) SWIFT
8 52 (2.36%) Equity Derivative
9 47 (2.13%) Data Centre
10 42 (1.91%) User Experience
11 33 (1.50%) Interest Rate Derivative
11 33 (1.50%) Computer Science
12 32 (1.45%) Mathematics
13 31 (1.41%) Blackberry
14 23 (1.04%) Management Information System
15 21 (0.95%) Mobile Banking
16 19 (0.86%) Clustering
17 18 (0.82%) Visualisation
18 17 (0.77%) Reference Data
Operating Systems
1 191 (8.67%) Windows
2 171 (7.77%) UNIX
3 148 (6.72%) Linux
4 37 (1.68%) Windows 7
5 35 (1.59%) Solaris
6 30 (1.36%) Windows Server 2008
7 27 (1.23%) Windows Server 2003
8 23 (1.04%) Red Hat Enterprise Linux
9 13 (0.59%) Windows XP
10 11 (0.50%) AIX
11 10 (0.45%) Android
12 9 (0.41%) Windows Server 2012
13 8 (0.36%) Apple iOS
14 6 (0.27%) Windows 8
15 4 (0.18%) SUSE
16 3 (0.14%) zOS
17 2 (0.091%) Mac OS X
17 2 (0.091%) Windows 2000
17 2 (0.091%) Data ONTAP
18 1 (0.045%) Windows Phone 8
Processes & Methodologies
1 400 (18.17%) Agile Software Development
2 241 (10.94%) Stakeholder Management
3 216 (9.81%) Project Management
4 184 (8.36%) Business Analysis
5 132 (5.99%) SDLC
6 115 (5.22%) Multithreading
6 115 (5.22%) Risk Management
7 113 (5.13%) User Acceptance Testing
8 109 (4.95%) Scrum
9 107 (4.86%) TDD
10 102 (4.63%) Data Modelling
11 92 (4.18%) ITIL
12 90 (4.09%) Migration
12 90 (4.09%) Analytics
13 78 (3.54%) ETL
14 70 (3.18%) Business Intelligence
14 70 (3.18%) PRINCE2
14 70 (3.18%) Data Analysis
15 66 (3.00%) Continuous Integration
16 63 (2.86%) OO
Programming Languages
1 484 (21.98%) SQL
2 315 (14.31%) Java
3 258 (11.72%) C#
4 155 (7.04%) JavaScript
5 76 (3.45%) PL/SQL
5 76 (3.45%) Scala
6 75 (3.41%) C++
7 70 (3.18%) VBA
8 56 (2.54%) Python
9 50 (2.27%) Perl
10 48 (2.18%) T-SQL
11 42 (1.91%) Shell Script
12 39 (1.77%) PowerShell
13 31 (1.41%) C
14 20 (0.91%) VBScript
15 14 (0.64%) COBOL
16 13 (0.59%) VB
17 12 (0.54%) VB.NET
18 10 (0.45%) Bash Shell
19 9 (0.41%) R
Qualifications
1 93 (4.22%) Degree
2 25 (1.14%) Cisco Certification
3 21 (0.95%) ISEB
3 21 (0.95%) PMI Certification
4 16 (0.73%) CCNP
4 16 (0.73%) PRINCE2 Certification
5 14 (0.64%) CISA
6 13 (0.59%) CISSP
7 11 (0.50%) Microsoft Certification
7 11 (0.50%) Security Cleared
8 10 (0.45%) CCIE
8 10 (0.45%) PMP
9 9 (0.41%) CCNA
10 7 (0.32%) Oracle Certification
10 7 (0.32%) CISM
10 7 (0.32%) ISTQB
11 6 (0.27%) ITIL Certification
11 6 (0.27%) MCSE
11 6 (0.27%) PRINCE2 Practitioner
12 5 (0.23%) SC Cleared
Quality Assurance & Compliance
1 71 (3.22%) QA
2 39 (1.77%) Dodd-Frank
3 37 (1.68%) EMIR
4 31 (1.41%) Basel III
5 28 (1.27%) Data Quality
6 24 (1.09%) MiFID
7 16 (0.73%) SLA
8 7 (0.32%) ISO/IEC 27001
8 7 (0.32%) FATCA
9 6 (0.27%) COREP
9 6 (0.27%) Basel II
10 5 (0.23%) COBIT
11 4 (0.18%) Sarbanes-Oxley
12 3 (0.14%) ISO 9001
13 2 (0.091%) CRD IV
14 1 (0.045%) AIFMD
14 1 (0.045%) PCI DSS
14 1 (0.045%) ISO 9000
14 1 (0.045%) IAS 39
System Software
1 76 (3.45%) Active Directory
2 27 (1.23%) VMware Infrastructure
3 12 (0.54%) Oracle RAC
4 10 (0.45%) XenApp
5 8 (0.36%) NFS
5 8 (0.36%) VMware ESX
6 7 (0.32%) Hyper-V
6 7 (0.32%) VMware ESXi
7 6 (0.27%) Veritas Cluster Server
8 5 (0.23%) Docker
8 5 (0.23%) HDFS
9 4 (0.18%) XenDesktop
9 4 (0.18%) Veritas Volume Manager
9 4 (0.18%) vSphere
10 3 (0.14%) KVM
10 3 (0.14%) SRDF
10 3 (0.14%) Xen
11 2 (0.091%) Citrix Presentation Server
11 2 (0.091%) XenServer
11 2 (0.091%) Microsoft App-V
Systems Management
1 26 (1.18%) HP Quality Center
2 18 (0.82%) SCOM
3 17 (0.77%) Puppet
4 15 (0.68%) SCCM
5 14 (0.64%) Opscode Chef
6 13 (0.59%) Control-M
7 11 (0.50%) NetBackup
8 10 (0.45%) Tivoli
9 9 (0.41%) ITRS Geneos
10 8 (0.36%) BladeLogic
11 7 (0.32%) Data Guard
12 6 (0.27%) Oracle RMAN
13 5 (0.23%) Symantec Enterprise Vault
13 5 (0.23%) Netcool
13 5 (0.23%) Nagios
13 5 (0.23%) Cisco Prime
14 4 (0.18%) EMC VPLEX
14 4 (0.18%) CA Single Sign-On
15 3 (0.14%) DameWare
15 3 (0.14%) Oracle Enterprise Manager
Vendors
1 267 (12.13%) Oracle
2 186 (8.45%) Microsoft
3 71 (3.22%) IBM
4 58 (2.63%) Sybase
4 58 (2.63%) Cisco
5 49 (2.23%) HP
6 42 (1.91%) VMware
7 34 (1.54%) Citrix
8 31 (1.41%) Informatica
9 30 (1.36%) TIBCO
10 29 (1.32%) Red Hat
11 28 (1.27%) EMC
11 28 (1.27%) SAP
12 24 (1.09%) Bloomberg
13 23 (1.04%) CheckPoint
14 22 (1.00%) Reuters
15 18 (0.82%) Symantec
16 16 (0.73%) F5
16 16 (0.73%) Tableau
17 14 (0.64%) Remedy
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 14 hours ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 15 hours ago
City, London
TEKsystems
Rate: £500 - £700 per day
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 21 hours ago
City, London
Hays Finance Technology
Rate: £400.00 - £450.00 per day
Posted: Yesterday
City, London
Hydrogen Group
Rate: £10.00 - £413.00 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Hudson IT
Rate: £600 - £620 per day
Posted: Yesterday
City, London
Involved Solutions Ltd
Rate: £525 - £550 per annum
Posted: Yesterday
City, London
McGregor Boyall
Rate: £350 - £400 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £350.00 - £400.00 per day
Posted: 2 days ago
City, London
Lawrence Harvey IT & Change
Rate: £350.00 - £400.00 per day
Posted: 2 days ago
City, London
Hudson IT
Rate: £610 per day
Posted: 2 days ago
City, London
JM
Rate: £295 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
JM
Rate: £750 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 days ago
City, London
Hudson IT
Rate: £610 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £400.00 - £450.00 per day
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 3 days ago