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 30 July 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
30 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 4 4 3
Rank change year-on-year
0 -1
Contract jobs citing Banking 1141 1180 1948
As % of all contract IT jobs located in the City of London 19.31% 20.17% 27.39%
As % of the General category 36.69% 39.57% 47.02%
Number of daily rates quoted 909 899 1497
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 £350 £325 £350
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 7 2 21
Average hourly rate £21.00 £98.50 £20.50
Average hourly rate % change year-on-year
-78.68% +380.48%
90% offered a hourly rate of more than £17.98 £37.30 £13.50
10% offered a hourly rate of more than £40.00 £159.70 £48.00
UK excluding London average hourly rate £11.60 £14.00 £22.50
% change year-on-year
-17.17% -37.77%
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
3110 2982 4143
As % of all contract IT jobs located in the City of London 52.64% 50.97% 58.25%
Number of daily rates quoted 2424 2242 3111
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 £325
10% offered a daily rate of more than £638 £650 £625
UK excluding London average daily rate £400 £385 £388
% change year-on-year
+3.89% -0.64%
Number of hourly rates quoted 31 28 77
Average hourly rate £20.00 £20.50 £20.93
Average hourly rate % change year-on-year
-2.43% -2.03%
90% offered a hourly rate of more than £12.69 £11.00 £13.50
10% offered a hourly rate of more than £40.00 £36.50 £48.00
UK excluding London average hourly rate £22.67 £22.00 £22.50
% change year-on-year
+3.02% -2.22%

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 30 July 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 30 July 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 30 July 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 1208 (53.93%) Finance
2 793 (35.40%) Investment Banking
3 510 (22.77%) SQL
4 396 (17.68%) Agile Software Development
5 319 (14.24%) Java
6 265 (11.83%) Front Office
7 259 (11.56%) Oracle
8 254 (11.34%) C#
9 251 (11.21%) Stakeholder Management
10 224 (10.00%) Project Management
11 209 (9.33%) .NET
12 208 (9.29%) SQL Server
13 190 (8.48%) Windows
14 189 (8.44%) Business Analysis
15 178 (7.95%) Retail
16 177 (7.90%) UNIX
17 170 (7.59%) Microsoft
18 169 (7.54%) Analytical Skills
19 160 (7.14%) Derivative
20 149 (6.65%) JavaScript
21 141 (6.29%) Linux
22 140 (6.25%) MS Excel
23 133 (5.94%) HTML
24 119 (5.31%) Foreign Exchange (FX)
24 119 (5.31%) Retail Banking
25 116 (5.18%) SDLC
26 115 (5.13%) Multithreading
26 115 (5.13%) TDD
27 114 (5.09%) Fixed Income
28 113 (5.04%) Risk Management

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

For the 6 months to 30 July 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 61 (2.72%) SharePoint
2 36 (1.61%) Oracle Coherence
3 27 (1.21%) WebSphere
4 22 (0.98%) IIS
5 21 (0.94%) Blackberry Enterprise Server
6 20 (0.89%) SAS
7 18 (0.80%) Tomcat
7 18 (0.80%) Apache Spark
8 15 (0.67%) Lync
8 15 (0.67%) Apache
9 14 (0.63%) MS Exchange
10 12 (0.54%) WebLogic
11 11 (0.49%) IBM Notes
12 9 (0.40%) WebSphere Application Server
12 9 (0.40%) CICS
12 9 (0.40%) CMS
12 9 (0.40%) SharePoint 2010
13 7 (0.31%) Confluence
13 7 (0.31%) Node.js
13 7 (0.31%) JBoss
Applications
1 140 (6.25%) MS Excel
2 82 (3.66%) MS Office
3 56 (2.50%) MS PowerPoint
4 40 (1.79%) MS Visio
5 33 (1.47%) MS Project
6 10 (0.45%) Spreadsheet
7 3 (0.13%) Adobe Captivate
7 3 (0.13%) Photoshop
8 2 (0.089%) Mathematica
8 2 (0.089%) Adobe Illustrator
8 2 (0.089%) Open Workbench
8 2 (0.089%) Maple
8 2 (0.089%) LaTeX
9 1 (0.045%) OmniGraffle
9 1 (0.045%) Acrobat
9 1 (0.045%) RoboHelp
Business Applications
1 25 (1.12%) Dynamics CRM
2 12 (0.54%) Oracle BPM
3 11 (0.49%) RMDS
4 10 (0.45%) ION MarketView
5 8 (0.36%) Oracle EBS
6 7 (0.31%) Adaptiv
7 6 (0.27%) Oracle Financials
7 6 (0.27%) Oracle General Ledger
8 5 (0.22%) SAP FI
8 5 (0.22%) Oracle Applications
8 5 (0.22%) SAP FI/CO
8 5 (0.22%) Summit
8 5 (0.22%) SAP CO
8 5 (0.22%) SunGard GMI
8 5 (0.22%) assyst
9 4 (0.18%) Oracle Payables
9 4 (0.18%) Markit EDM
9 4 (0.18%) Oracle Assets
10 3 (0.13%) Oracle E-Business Tax
10 3 (0.13%) Eikon
Cloud Services
1 14 (0.63%) SaaS
2 8 (0.36%) PaaS
2 8 (0.36%) Office 365
3 6 (0.27%) Microsoft Azure
4 5 (0.22%) IaaS
4 5 (0.22%) Adobe Analytics
5 4 (0.18%) Azure Active Directory
6 2 (0.089%) Amazon AWS
6 2 (0.089%) Taleo
7 1 (0.045%) Cloud Computing
7 1 (0.045%) IBM Blueworks
Communications & Networking
1 52 (2.32%) Firewall
2 43 (1.92%) Internet
3 37 (1.65%) DNS
4 36 (1.61%) TCP/IP
5 31 (1.38%) SAN
6 30 (1.34%) LAN
7 23 (1.03%) WAN
8 22 (0.98%) BGP
9 21 (0.94%) Network Security
10 20 (0.89%) OSPF
11 18 (0.80%) Multicast
12 16 (0.71%) NAS
13 15 (0.67%) LDAP
13 15 (0.67%) VPN
14 14 (0.63%) DHCP
14 14 (0.63%) Cisco Nexus
15 11 (0.49%) HSRP
15 11 (0.49%) HTTP
16 10 (0.45%) Wireless
17 9 (0.40%) EIGRP
Database & Business Intelligence
1 208 (9.29%) SQL Server
2 108 (4.82%) Data Warehouse
3 82 (3.66%) Relational Database
4 73 (3.26%) Oracle Database
5 72 (3.21%) SQL Server Integration Services
6 54 (2.41%) Big Data
7 47 (2.10%) SQL Server Reporting Services
8 45 (2.01%) SQL Server 2008
9 42 (1.88%) Hadoop
10 34 (1.52%) RDBMS
11 29 (1.29%) MS Access
11 29 (1.29%) BusinessObjects
11 29 (1.29%) SQL Server Analysis Services
12 27 (1.21%) Oracle Database 11g
13 25 (1.12%) DB2
14 22 (0.98%) QlikView
15 19 (0.85%) SQL Server 2005
16 17 (0.76%) Data Mining
16 17 (0.76%) SQL Server 2012
17 14 (0.63%) OLAP
Development Applications
1 54 (2.41%) TeamCity
2 51 (2.28%) Maven
3 45 (2.01%) JIRA
4 43 (1.92%) Subversion
5 37 (1.65%) Git (software)
6 23 (1.03%) Jenkins
7 21 (0.94%) Visual Studio
8 19 (0.85%) Selenium
9 17 (0.76%) Ant
10 15 (0.67%) Team Foundation Server
11 13 (0.58%) Grunt
12 12 (0.54%) Bower
12 12 (0.54%) WebDriver
12 12 (0.54%) JUnit
12 12 (0.54%) HP UFT
13 9 (0.40%) Cucumber
14 8 (0.36%) NUnit
15 6 (0.27%) Eclipse
15 6 (0.27%) Toad
15 6 (0.27%) SpecFlow
General
1 1208 (53.93%) Finance
2 793 (35.40%) Investment Banking
3 265 (11.83%) Front Office
4 178 (7.95%) Retail
5 119 (5.31%) Retail Banking
6 62 (2.77%) Financial Institution
7 60 (2.68%) Back Office
8 58 (2.59%) Telecoms
9 41 (1.83%) Legal
10 28 (1.25%) Advertising
11 23 (1.03%) Corporate Banking
12 15 (0.67%) Marketing
13 14 (0.63%) Law
14 13 (0.58%) General Ledger
14 13 (0.58%) Private Banking
15 8 (0.36%) Wholesale Banking
16 4 (0.18%) International Banking
17 3 (0.13%) Publishing
17 3 (0.13%) Games
17 3 (0.13%) Billing
Job Titles
1 633 (28.26%) Analyst
2 551 (24.60%) Developer
3 357 (15.94%) Business Analyst
4 253 (11.29%) Project Manager
5 136 (6.07%) Java Developer
6 106 (4.73%) Architect
7 105 (4.69%) C# Developer
8 99 (4.42%) Senior Developer
9 89 (3.97%) Data Analyst
10 74 (3.30%) Consultant
11 62 (2.77%) SQL Developer
12 60 (2.68%) Banking Business Analyst
13 48 (2.14%) Senior Analyst
14 45 (2.01%) Test Analyst
15 44 (1.96%) Administrator
16 43 (1.92%) Programme Manager
17 42 (1.88%) Test Manager
18 41 (1.83%) Solutions Architect
18 41 (1.83%) Senior Manager
19 38 (1.70%) .NET Developer
Libraries, Frameworks & Software Standards
1 209 (9.33%) .NET
2 133 (5.94%) HTML
3 93 (4.15%) HTML5
4 75 (3.35%) XML
5 73 (3.26%) WPF
6 69 (3.08%) AngularJS
7 57 (2.54%) ASP.NET
8 55 (2.46%) Spring
9 53 (2.37%) FIX Protocol
10 48 (2.14%) RESTful
11 47 (2.10%) JMS
12 46 (2.05%) Hibernate
13 41 (1.83%) WCF
14 40 (1.79%) Web Services
15 38 (1.70%) CSS
16 35 (1.56%) jQuery
17 33 (1.47%) REST
17 33 (1.47%) SOAP
18 26 (1.16%) Middleware
18 26 (1.16%) .NET Framework
Miscellaneous
1 169 (7.54%) Analytical Skills
2 160 (7.14%) Derivative
3 119 (5.31%) Foreign Exchange (FX)
4 114 (5.09%) Fixed Income
5 95 (4.24%) Credit Risk
6 75 (3.35%) Equities
7 60 (2.68%) Market Risk
8 54 (2.41%) SWIFT
9 48 (2.14%) Equity Derivative
10 47 (2.10%) User Experience
11 39 (1.74%) Computer Science
12 36 (1.61%) Data Centre
13 35 (1.56%) Interest Rate Derivative
14 32 (1.43%) Mathematics
15 30 (1.34%) Blackberry
16 28 (1.25%) Management Information System
17 22 (0.98%) Mobile Banking
18 20 (0.89%) Reference Data
19 19 (0.85%) Mobile App
20 17 (0.76%) PMI
Operating Systems
1 190 (8.48%) Windows
2 177 (7.90%) UNIX
3 141 (6.29%) Linux
4 35 (1.56%) Windows 7
5 31 (1.38%) Solaris
6 30 (1.34%) Windows Server 2008
7 26 (1.16%) Windows Server 2003
8 18 (0.80%) Windows XP
9 15 (0.67%) Red Hat Enterprise Linux
10 14 (0.63%) AIX
11 11 (0.49%) Windows Server 2012
12 9 (0.40%) Android
13 7 (0.31%) Apple iOS
14 5 (0.22%) Windows 8
15 3 (0.13%) SUSE
15 3 (0.13%) zOS
16 2 (0.089%) Mac OS X
16 2 (0.089%) Windows 2000
16 2 (0.089%) Data ONTAP
17 1 (0.045%) Oracle Linux
Processes & Methodologies
1 396 (17.68%) Agile Software Development
2 251 (11.21%) Stakeholder Management
3 224 (10.00%) Project Management
4 189 (8.44%) Business Analysis
5 116 (5.18%) SDLC
6 115 (5.13%) Multithreading
6 115 (5.13%) TDD
7 113 (5.04%) Risk Management
8 107 (4.78%) Scrum
8 107 (4.78%) User Acceptance Testing
9 104 (4.64%) Data Modelling
10 103 (4.60%) Migration
11 94 (4.20%) Analytics
12 93 (4.15%) ITIL
13 80 (3.57%) Data Analysis
14 75 (3.35%) PRINCE2
14 75 (3.35%) ETL
15 72 (3.21%) Business Intelligence
16 67 (2.99%) Change Management
16 67 (2.99%) Continuous Integration
Programming Languages
1 510 (22.77%) SQL
2 319 (14.24%) Java
3 254 (11.34%) C#
4 149 (6.65%) JavaScript
5 81 (3.62%) VBA
6 73 (3.26%) C++
7 70 (3.13%) PL/SQL
8 61 (2.72%) Scala
9 52 (2.32%) Python
10 48 (2.14%) T-SQL
11 47 (2.10%) Perl
12 34 (1.52%) C
13 33 (1.47%) Shell Script
14 32 (1.43%) PowerShell
15 15 (0.67%) VBScript
16 14 (0.63%) COBOL
17 12 (0.54%) VB
17 12 (0.54%) VB.NET
18 9 (0.40%) Korn
18 9 (0.40%) R
Qualifications
1 91 (4.06%) Degree
2 29 (1.29%) Cisco Certification
3 25 (1.12%) ISEB
4 22 (0.98%) PMI Certification
5 16 (0.71%) CCNP
6 15 (0.67%) Microsoft Certification
6 15 (0.67%) PRINCE2 Certification
7 14 (0.63%) CISA
7 14 (0.63%) CISSP
7 14 (0.63%) ISTQB
8 13 (0.58%) CCIE
9 11 (0.49%) Security Cleared
10 10 (0.45%) CCNA
10 10 (0.45%) MCSE
10 10 (0.45%) PMP
11 6 (0.27%) CISM
11 6 (0.27%) ITIL Certification
11 6 (0.27%) Oracle Certification
11 6 (0.27%) PRINCE2 Practitioner
12 5 (0.22%) SC Cleared
Quality Assurance & Compliance
1 67 (2.99%) QA
2 35 (1.56%) Dodd-Frank
3 32 (1.43%) EMIR
4 29 (1.29%) Basel III
4 29 (1.29%) Data Quality
5 23 (1.03%) MiFID
6 17 (0.76%) SLA
7 11 (0.49%) FATCA
8 8 (0.36%) COREP
9 7 (0.31%) Sarbanes-Oxley
9 7 (0.31%) ISO/IEC 27001
9 7 (0.31%) COBIT
10 6 (0.27%) Basel II
11 4 (0.18%) ISO 9001
12 2 (0.089%) CRD IV
12 2 (0.089%) PCI DSS
13 1 (0.045%) AIFMD
13 1 (0.045%) ISO 9000
13 1 (0.045%) IAS 39
System Software
1 76 (3.39%) Active Directory
2 27 (1.21%) VMware Infrastructure
3 12 (0.54%) Oracle RAC
4 8 (0.36%) NFS
4 8 (0.36%) VMware ESX
4 8 (0.36%) XenApp
5 6 (0.27%) VMware ESXi
6 5 (0.22%) Veritas Cluster Server
6 5 (0.22%) HDFS
7 4 (0.18%) vSphere
7 4 (0.18%) Veritas Volume Manager
7 4 (0.18%) Hyper-V
8 3 (0.13%) ProxySG
8 3 (0.13%) Xen
8 3 (0.13%) NDS
8 3 (0.13%) XenDesktop
8 3 (0.13%) SRDF
8 3 (0.13%) KVM
9 2 (0.089%) Apache Flume
9 2 (0.089%) Microsoft App-V
Systems Management
1 21 (0.94%) HP Quality Center
2 14 (0.63%) SCOM
2 14 (0.63%) Puppet
3 12 (0.54%) Tivoli
4 11 (0.49%) Control-M
5 10 (0.45%) SCCM
5 10 (0.45%) Opscode Chef
6 9 (0.40%) ITRS Geneos
7 7 (0.31%) NetBackup
8 6 (0.27%) Data Guard
8 6 (0.27%) BladeLogic
9 5 (0.22%) Symantec Enterprise Vault
9 5 (0.22%) Oracle RMAN
9 5 (0.22%) Netcool
9 5 (0.22%) Cisco Prime
10 4 (0.18%) EMC VPLEX
10 4 (0.18%) CA Single Sign-On
11 3 (0.13%) DameWare
11 3 (0.13%) Nagios
11 3 (0.13%) Oracle Enterprise Manager
Vendors
1 259 (11.56%) Oracle
2 170 (7.59%) Microsoft
3 72 (3.21%) IBM
4 66 (2.95%) Cisco
5 57 (2.54%) Sybase
6 37 (1.65%) HP
6 37 (1.65%) VMware
7 34 (1.52%) Informatica
8 32 (1.43%) TIBCO
9 31 (1.38%) Citrix
10 27 (1.21%) EMC
10 27 (1.21%) CheckPoint
11 25 (1.12%) SAP
12 24 (1.07%) Bloomberg
13 22 (0.98%) Reuters
14 18 (0.80%) Red Hat
14 18 (0.80%) F5
14 18 (0.80%) Tableau
15 17 (0.76%) Juniper
16 14 (0.63%) Cognos
City, London
TEKsystems
Rate: £401 - £450 per day
Posted: 3 hours ago
City, London
JM
Rate: £575 - £600 per day
Posted: 3 hours ago
City, London
I.T. Skillfinder
Rate: £400 - £500 per day
Posted: 12 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £450.00 - £475.00 per day
Posted: Yesterday
City, London
Harvey Nash plc
Rate: £375 - £415 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £600.00 - £650.00 per annum
Posted: 2 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £539 per day
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £580.00 per month
Posted: 2 days ago
City, London
Canary Wharf and City
Rate: Up to £550 per day
Posted: 2 days ago
City, London
JM
Rate: £600 - £650 per day
Posted: 2 days ago
City, London
I.T. Skillfinder
Rate: £200 - £300 per day
Posted: 2 days ago
City, London
Venturi
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £750 - £850 per annum
Posted: 3 days ago
City, London
TEKsystems
Rate: £500 - £800 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £600.00 - £650.00 per annum
Posted: 3 days ago