The table below looks at the prevalence of the term Financial Institution 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 Financial Institution over the 3 months to 24 October 2014 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
24 Oct 2014
Same period 2013 Same period 2012
Financial Institution
Rank 135 118 106
Rank change year-on-year
-17 -12
Contract jobs citing Financial Institution 73 111 124
As % of all contract IT jobs located in the City of London 1.22% 1.53% 1.76%
As % of the General category 2.37% 2.71% 2.96%
Number of daily rates quoted 57 86 93
Average daily rate
Keep up to 90%
of your Daily Rate
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£496 £488 £500
Average daily rate % change year-on-year
+1.64% -2.50%
90% offered a daily rate of more than £330 £275 £325
10% offered a daily rate of more than £650 £613 £650
UK excluding London average daily rate £351 £370 £375
% change year-on-year
-5.06% -1.33%
Number of hourly rates quoted 1 3 1
Average hourly rate £23.00 £21.00 £17.50
Average hourly rate % change year-on-year
+9.52% +20.00%
UK excluding London average hourly rate £9.10 £9.88 -
% change year-on-year
-7.84% -
Financial Institution
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
3081 4099 4191
As % of all contract IT jobs located in the City of London 51.49% 56.37% 59.43%
Number of daily rates quoted 2358 3046 3134
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £310 £300
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 24 65 58
Average hourly rate £18.50 £20.00 £22.50
Average hourly rate % change year-on-year
-7.50% -11.11%
90% offered a hourly rate of more than £11.00 £12.50 £17.35
10% offered a hourly rate of more than £23.15 £52.00 £53.38
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

Financial Institution
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the City of London region as a proportion of the total demand within the General category.

Financial Institution Jobs Demand Trend in the City of London

Financial Institution
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 Financial Institution across the City of London region.

Financial Institution Daily Rate Trend in the City of London

Financial Institution
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the City of London region over the 3 months to 24 October 2014.

Financial Institution Daily Rate Histogram in the City of London

Financial Institution
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 Financial Institution across the City of London region.

Financial Institution Hourly Rate Trend in the City of London

Financial Institution
Top 30 Related IT Skills in the City of London

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Financial Institution 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 Financial Institution.

1 152 (100.00%) Finance
2 61 (40.13%) Banking
3 30 (19.74%) Java
4 28 (18.42%) SQL
5 27 (17.76%) Agile Software Development
5 27 (17.76%) Investment Banking
6 25 (16.45%) Windows
7 24 (15.79%) Oracle
8 19 (12.50%) UNIX
8 19 (12.50%) Microsoft
8 19 (12.50%) Project Management
9 18 (11.84%) Linux
10 16 (10.53%) Business Analysis
11 15 (9.87%) Analytical Skills
11 15 (9.87%) Risk Management
12 14 (9.21%) Stakeholder Management
13 13 (8.55%) Front Office
13 13 (8.55%) MS Excel
13 13 (8.55%) Derivative
13 13 (8.55%) User Acceptance Testing
14 12 (7.89%) MS Office
15 11 (7.24%) Degree
16 10 (6.58%) Windows Server 2008
16 10 (6.58%) Web Services
16 10 (6.58%) Foreign Exchange (FX)
16 10 (6.58%) Active Directory
16 10 (6.58%) TDD
17 9 (5.92%) Change Management
17 9 (5.92%) Scrum
17 9 (5.92%) ITIL

Financial Institution
Top Related IT Skills in the City of London by Category

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 6 (3.95%) MS Exchange
1 6 (3.95%) CMS
2 5 (3.29%) SharePoint
2 5 (3.29%) Exchange Server 2010
3 4 (2.63%) SAS
3 4 (2.63%) WebLogic
4 3 (1.97%) JBoss
4 3 (1.97%) Tomcat
4 3 (1.97%) WebSphere
5 2 (1.32%) Umbraco
5 2 (1.32%) Sitecore CMS
5 2 (1.32%) IIS
5 2 (1.32%) Blackberry Enterprise Server
5 2 (1.32%) SharePoint 2010
6 1 (0.66%) GemFire
6 1 (0.66%) OpenStack
6 1 (0.66%) Adobe CQ
6 1 (0.66%) IBM Notes
6 1 (0.66%) Apache
6 1 (0.66%) BizTalk Server
Applications
1 13 (8.55%) MS Excel
2 12 (7.89%) MS Office
3 8 (5.26%) MS PowerPoint
4 6 (3.95%) MS Visio
5 3 (1.97%) MS Project
6 2 (1.32%) Photoshop
7 1 (0.66%) Mathematica
7 1 (0.66%) InfoPath
7 1 (0.66%) PowerPivot
Business Applications
1 3 (1.97%) Cognos Business Intelligence
1 3 (1.97%) Oracle Cash Management
2 2 (1.32%) HiPortfolio
2 2 (1.32%) assyst
3 1 (0.66%) CODA-Financials
3 1 (0.66%) Cognos TM1
3 1 (0.66%) ION MarketView
3 1 (0.66%) Markit EDM
Cloud Services
1 1 (0.66%) Cloud Computing
1 1 (0.66%) Microsoft Azure
Communications & Networking
1 6 (3.95%) SAN
2 5 (3.29%) WAN
3 4 (2.63%) SSL
3 4 (2.63%) Firewall
4 3 (1.97%) DNS
4 3 (1.97%) NetScreen
4 3 (1.97%) Multicast
5 2 (1.32%) Internet
5 2 (1.32%) TCP/IP
5 2 (1.32%) VPN
5 2 (1.32%) DHCP
5 2 (1.32%) LAN
5 2 (1.32%) Wireless
5 2 (1.32%) Intrusion Detection
6 1 (0.66%) BIG-IP
6 1 (0.66%) Cisco IOS
6 1 (0.66%) NAS
6 1 (0.66%) WAAS
6 1 (0.66%) Cisco Nexus
6 1 (0.66%) F5 BIG-IP LTM
Database & Business Intelligence
1 7 (4.61%) SQL Server
2 6 (3.95%) Oracle Database
2 6 (3.95%) Relational Database
3 5 (3.29%) SQL Server Reporting Services
3 5 (3.29%) SQL Server Integration Services
4 4 (2.63%) Data Warehouse
4 4 (2.63%) Oracle Database 10g
5 3 (1.97%) MS Access
5 3 (1.97%) Oracle Database 12c
6 2 (1.32%) RDBMS
6 2 (1.32%) Sybase ASE
6 2 (1.32%) OLAP
6 2 (1.32%) SQL Server Analysis Services
7 1 (0.66%) SQL Server 2008
7 1 (0.66%) Oracle Exadata
7 1 (0.66%) Hazelcast
7 1 (0.66%) IBM InfoSphere
7 1 (0.66%) Spotfire
7 1 (0.66%) QlikView
7 1 (0.66%) Oracle Database 11g
Development Applications
1 9 (5.92%) Maven
2 3 (1.97%) TeamCity
2 3 (1.97%) Subversion
3 2 (1.32%) Git (software)
3 2 (1.32%) JIRA
3 2 (1.32%) Selenium
3 2 (1.32%) Ant
4 1 (0.66%) JUnit
4 1 (0.66%) QuickTest Pro
4 1 (0.66%) JMeter
4 1 (0.66%) Bugzilla
4 1 (0.66%) CruiseControl
4 1 (0.66%) TestComplete
4 1 (0.66%) Team Foundation Server
4 1 (0.66%) MSTest
4 1 (0.66%) Mockito
4 1 (0.66%) Cucumber
General
1 152 (100.00%) Finance
2 61 (40.13%) Banking
3 27 (17.76%) Investment Banking
4 13 (8.55%) Front Office
5 6 (3.95%) Retail
6 5 (3.29%) Legal
7 4 (2.63%) Retail Banking
8 3 (1.97%) Corporate Banking
8 3 (1.97%) Back Office
8 3 (1.97%) Telecoms
9 2 (1.32%) Advertising
9 2 (1.32%) Marketing
9 2 (1.32%) French Language
10 1 (0.66%) Russian Language
10 1 (0.66%) Private Banking
10 1 (0.66%) Law
Job Titles
1 44 (28.95%) Analyst
2 35 (23.03%) Developer
3 18 (11.84%) Java Developer
4 16 (10.53%) Business Analyst
5 15 (9.87%) Project Manager
6 8 (5.26%) Architect
7 7 (4.61%) Applications Support
8 6 (3.95%) DBA
8 6 (3.95%) Systems Analyst
8 6 (3.95%) Consultant
9 5 (3.29%) Senior Developer
9 5 (3.29%) Support Analyst
9 5 (3.29%) Data Analyst
9 5 (3.29%) Designer
10 4 (2.63%) Senior Java Developer
10 4 (2.63%) Security Analyst
10 4 (2.63%) Oracle DBA
10 4 (2.63%) Network Engineer
10 4 (2.63%) Desktop Support
11 3 (1.97%) Web Developer
Libraries, Frameworks & Software Standards
1 10 (6.58%) Web Services
2 7 (4.61%) Middleware
2 7 (4.61%) Spring
3 6 (3.95%) XML
3 6 (3.95%) JMS
3 6 (3.95%) J2EE
4 5 (3.29%) .NET
4 5 (3.29%) RESTful
5 4 (2.63%) Hibernate
5 4 (2.63%) HTML
5 4 (2.63%) CSS
6 3 (1.97%) jQuery
6 3 (1.97%) Java EE
6 3 (1.97%) FIX Protocol
7 2 (1.32%) JMX
7 2 (1.32%) ActiveMQ
7 2 (1.32%) REST
7 2 (1.32%) Akka
8 1 (0.66%) FastCGI
8 1 (0.66%) AngularJS
Miscellaneous
1 15 (9.87%) Analytical Skills
2 13 (8.55%) Derivative
3 10 (6.58%) Foreign Exchange (FX)
4 8 (5.26%) Hedge funds
4 8 (5.26%) SWIFT
5 7 (4.61%) Credit Risk
6 6 (3.95%) User Experience
7 5 (3.29%) Management Information System
7 5 (3.29%) Equities
8 4 (2.63%) Fixed Income
8 4 (2.63%) Market Risk
9 2 (1.32%) Equity Derivative
9 2 (1.32%) Graphic Design
9 2 (1.32%) Handset
9 2 (1.32%) Replication
9 2 (1.32%) Blackberry
9 2 (1.32%) Mainframe
9 2 (1.32%) Data Structures
9 2 (1.32%) iSeries
9 2 (1.32%) Visualisation
Operating Systems
1 25 (16.45%) Windows
2 19 (12.50%) UNIX
3 18 (11.84%) Linux
4 10 (6.58%) Windows Server 2008
5 6 (3.95%) Windows 7
6 5 (3.29%) Red Hat Enterprise Linux
7 4 (2.63%) Windows Server 2003
7 4 (2.63%) Windows XP
8 3 (1.97%) Solaris
9 1 (0.66%) zOS
9 1 (0.66%) Windows Vista
9 1 (0.66%) Oracle Linux
9 1 (0.66%) Windows Server 2012
Processes & Methodologies
1 27 (17.76%) Agile Software Development
2 19 (12.50%) Project Management
3 16 (10.53%) Business Analysis
4 15 (9.87%) Risk Management
5 14 (9.21%) Stakeholder Management
6 13 (8.55%) User Acceptance Testing
7 10 (6.58%) TDD
8 9 (5.92%) Scrum
8 9 (5.92%) Change Management
8 9 (5.92%) ITIL
8 9 (5.92%) Low Latency
9 8 (5.26%) Performance Tuning
9 8 (5.26%) Analytics
10 7 (4.61%) SOA
10 7 (4.61%) Business Intelligence
10 7 (4.61%) Asset Management
10 7 (4.61%) Integration Testing
11 6 (3.95%) Incident Management
11 6 (3.95%) Data Analysis
11 6 (3.95%) Workflow
Programming Languages
1 30 (19.74%) Java
2 28 (18.42%) SQL
3 9 (5.92%) C#
4 8 (5.26%) JavaScript
5 6 (3.95%) T-SQL
5 6 (3.95%) Shell Script
6 5 (3.29%) Scala
6 5 (3.29%) Bash Shell
7 4 (2.63%) Ruby
7 4 (2.63%) VBA
8 3 (1.97%) Python
8 3 (1.97%) Perl
9 2 (1.32%) C++
9 2 (1.32%) PL/SQL
9 2 (1.32%) Groovy
10 1 (0.66%) C
10 1 (0.66%) Delphi
10 1 (0.66%) PHP
10 1 (0.66%) REXX
10 1 (0.66%) Korn
Qualifications
1 11 (7.24%) Degree
2 3 (1.97%) JNCIS
2 3 (1.97%) CISSP
2 3 (1.97%) Cisco Certification
2 3 (1.97%) CCNP
2 3 (1.97%) PMI Certification
3 2 (1.32%) ISEB
3 2 (1.32%) CISMP
3 2 (1.32%) CISM
4 1 (0.66%) GIAC
4 1 (0.66%) CCSA
4 1 (0.66%) CCSE
4 1 (0.66%) CCA
4 1 (0.66%) CISA
4 1 (0.66%) Microsoft Certification
4 1 (0.66%) ITIL Certification
4 1 (0.66%) PMP
Quality Assurance & Compliance
1 6 (3.95%) QA
2 5 (3.29%) SLA
3 2 (1.32%) Data Quality
4 1 (0.66%) Basel III
System Software
1 10 (6.58%) Active Directory
2 5 (3.29%) Oracle RAC
3 4 (2.63%) Xen
4 3 (1.97%) VMware Infrastructure
5 1 (0.66%) VMware ESXi
5 1 (0.66%) Platform Symphony
5 1 (0.66%) RACF
5 1 (0.66%) VMware ESX
5 1 (0.66%) Oracle RMAN
Systems Management
1 4 (2.63%) Data Guard
2 3 (1.97%) HP Quality Center
3 2 (1.32%) SCCM
4 1 (0.66%) SCOM
4 1 (0.66%) Tivoli
4 1 (0.66%) Tivoli Identity Manager
4 1 (0.66%) DameWare
4 1 (0.66%) Puppet
4 1 (0.66%) Oracle Identity Manager
Vendors
1 24 (15.79%) Oracle
2 19 (12.50%) Microsoft
3 7 (4.61%) VMware
4 6 (3.95%) Citrix
5 5 (3.29%) Sybase
5 5 (3.29%) Red Hat
5 5 (3.29%) F5
6 4 (2.63%) NetApp
6 4 (2.63%) Cognos
6 4 (2.63%) Cisco
7 3 (1.97%) Sun
7 3 (1.97%) Juniper
7 3 (1.97%) HP
7 3 (1.97%) Bloomberg
7 3 (1.97%) Teradata
7 3 (1.97%) McAfee
7 3 (1.97%) SAP
7 3 (1.97%) Blue Coat
7 3 (1.97%) Netezza
7 3 (1.97%) ProCurve
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