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 21 November 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
21 Nov 2014
Same period 2013 Same period 2012
Financial Institution
Rank 125 108 88
Rank change year-on-year
-17 -20
Contract jobs citing Financial Institution 82 113 124
As % of all contract IT jobs located in the City of London 1.41% 1.59% 1.93%
As % of the General category 2.73% 2.82% 3.35%
Number of daily rates quoted 64 87 99
Average daily rate
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of your Daily Rate
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£480 £450 £525
Average daily rate % change year-on-year
+6.66% -14.28%
90% offered a daily rate of more than £303 £323 £375
10% offered a daily rate of more than £621 £625 £650
UK excluding London average daily rate £373 £360 £375
% change year-on-year
+3.47% -4.00%
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
3000 4006 3707
As % of all contract IT jobs located in the City of London 51.52% 56.35% 57.83%
Number of daily rates quoted 2335 3016 2804
Average daily rate £475 £498 £475
Average daily rate % change year-on-year
-4.52% +4.73%
90% offered a daily rate of more than £284 £313 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 21 62 49
Average hourly rate £18.50 £20.00 £21.50
Average hourly rate % change year-on-year
-7.50% -6.97%
90% offered a hourly rate of more than £11.60 £11.65 £15.40
10% offered a hourly rate of more than £27.60 £38.00 £45.37
UK excluding London average hourly rate £26.00 £21.00 £25.00
% change year-on-year
+23.80% -16.00%

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 21 November 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 21 November 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.

1 157 (100.00%) Finance
2 67 (42.68%) Banking
3 30 (19.11%) SQL
4 27 (17.20%) Windows
5 25 (15.92%) Java
6 24 (15.29%) Investment Banking
7 23 (14.65%) Agile Software Development
8 22 (14.01%) Project Management
9 21 (13.38%) Microsoft
10 20 (12.74%) Business Analysis
11 19 (12.10%) Oracle
12 18 (11.46%) Linux
13 16 (10.19%) MS Office
13 16 (10.19%) Stakeholder Management
14 15 (9.55%) UNIX
14 15 (9.55%) User Acceptance Testing
15 14 (8.92%) MS Excel
15 14 (8.92%) Active Directory
16 13 (8.28%) Risk Management
16 13 (8.28%) Analytical Skills
17 12 (7.64%) SWIFT
17 12 (7.64%) Front Office
18 11 (7.01%) ITIL
18 11 (7.01%) Windows Server 2008
18 11 (7.01%) Derivative
19 10 (6.37%) Windows 7
19 10 (6.37%) Hedge funds
19 10 (6.37%) Foreign Exchange (FX)
20 9 (5.73%) Middleware
20 9 (5.73%) Migration

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

For the 6 months to 21 November 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 7 (4.46%) CMS
2 6 (3.82%) MS Exchange
3 5 (3.18%) SharePoint
3 5 (3.18%) Exchange Server 2010
4 4 (2.55%) Blackberry Enterprise Server
4 4 (2.55%) SAS
5 3 (1.91%) WebLogic
5 3 (1.91%) WebSphere
6 2 (1.27%) JBoss
6 2 (1.27%) IBM Notes
6 2 (1.27%) Tomcat
6 2 (1.27%) BizTalk Server
6 2 (1.27%) SharePoint 2010
7 1 (0.64%) Exchange Server 2003
7 1 (0.64%) TIBCO EMS
7 1 (0.64%) Oracle Coherence
7 1 (0.64%) Exchange Server 2007
7 1 (0.64%) Mule
7 1 (0.64%) GemFire
7 1 (0.64%) OpenStack
Applications
1 16 (10.19%) MS Office
2 14 (8.92%) MS Excel
3 7 (4.46%) MS PowerPoint
4 6 (3.82%) MS Visio
5 4 (2.55%) MS Project
6 3 (1.91%) Photoshop
7 1 (0.64%) InfoPath
7 1 (0.64%) PowerPivot
7 1 (0.64%) Mathematica
Business Applications
1 6 (3.82%) Oracle Cash Management
2 4 (2.55%) assyst
3 3 (1.91%) Cognos Business Intelligence
4 2 (1.27%) HiPortfolio
5 1 (0.64%) Cognos TM1
5 1 (0.64%) Dynamics NAV
5 1 (0.64%) Dynamics CRM
5 1 (0.64%) ION MarketView
5 1 (0.64%) Markit EDM
5 1 (0.64%) CODA-Financials
Cloud Services
1 1 (0.64%) Microsoft Azure
1 1 (0.64%) PaaS
Communications & Networking
1 7 (4.46%) SAN
2 5 (3.18%) Firewall
3 4 (2.55%) Wireless
3 4 (2.55%) Intrusion Detection
3 4 (2.55%) VPN
3 4 (2.55%) WAN
3 4 (2.55%) Internet
4 2 (1.27%) NetScreen
4 2 (1.27%) Multicast
4 2 (1.27%) DHCP
4 2 (1.27%) LAN
4 2 (1.27%) DNS
4 2 (1.27%) SSL
5 1 (0.64%) Intranet
5 1 (0.64%) LDAP
5 1 (0.64%) TCP/IP
5 1 (0.64%) Cisco IOS
5 1 (0.64%) NAS
5 1 (0.64%) WAAS
5 1 (0.64%) Cisco Nexus
Database & Business Intelligence
1 4 (2.55%) Data Warehouse
1 4 (2.55%) SQL Server
1 4 (2.55%) Relational Database
2 3 (1.91%) MS Access
2 3 (1.91%) SQL Server Integration Services
2 3 (1.91%) SQL Server Reporting Services
3 2 (1.27%) OLAP
3 2 (1.27%) SQL Server Analysis Services
4 1 (0.64%) SQL Server 2008
4 1 (0.64%) Hadoop
4 1 (0.64%) Oracle Exadata
4 1 (0.64%) Big Data
4 1 (0.64%) Hazelcast
4 1 (0.64%) IBM InfoSphere
4 1 (0.64%) Oracle Database
4 1 (0.64%) Sybase ASE
4 1 (0.64%) Data Mining
4 1 (0.64%) RDBMS
4 1 (0.64%) PowerCenter
4 1 (0.64%) Microsoft Analysis Services
Development Applications
1 7 (4.46%) Maven
2 2 (1.27%) JIRA
2 2 (1.27%) Selenium
2 2 (1.27%) Ant
3 1 (0.64%) QuickTest Pro
3 1 (0.64%) JMeter
3 1 (0.64%) Bugzilla
3 1 (0.64%) Subversion
3 1 (0.64%) TestComplete
3 1 (0.64%) TeamCity
3 1 (0.64%) Git (software)
3 1 (0.64%) Team Foundation Server
3 1 (0.64%) MSTest
3 1 (0.64%) Cucumber
General
1 157 (100.00%) Finance
2 67 (42.68%) Banking
3 24 (15.29%) Investment Banking
4 12 (7.64%) Front Office
5 9 (5.73%) Retail
6 7 (4.46%) Retail Banking
7 5 (3.18%) Legal
8 4 (2.55%) Telecoms
9 3 (1.91%) Corporate Banking
9 3 (1.91%) Advertising
10 2 (1.27%) Law
10 2 (1.27%) Marketing
10 2 (1.27%) French Language
11 1 (0.64%) Russian Language
11 1 (0.64%) Private Banking
11 1 (0.64%) Back Office
Job Titles
1 55 (35.03%) Analyst
2 28 (17.83%) Developer
3 17 (10.83%) Business Analyst
3 17 (10.83%) Project Manager
4 14 (8.92%) Java Developer
5 11 (7.01%) Architect
6 9 (5.73%) Systems Analyst
7 8 (5.10%) Consultant
7 8 (5.10%) Data Analyst
8 6 (3.82%) Security Analyst
8 6 (3.82%) Applications Support
8 6 (3.82%) Designer
9 5 (3.18%) Service Analyst
9 5 (3.18%) Senior Developer
9 5 (3.18%) Desktop Support
10 4 (2.55%) Support Analyst
10 4 (2.55%) Service Desk Analyst
10 4 (2.55%) Business Architect
10 4 (2.55%) Infrastructure Specialist
11 3 (1.91%) Desktop Engineer
Libraries, Frameworks & Software Standards
1 9 (5.73%) Middleware
2 6 (3.82%) Spring
3 5 (3.18%) Web Services
4 4 (2.55%) HTML
4 4 (2.55%) .NET
4 4 (2.55%) J2EE
4 4 (2.55%) JMS
4 4 (2.55%) RESTful
5 3 (1.91%) FIX Protocol
5 3 (1.91%) Hibernate
5 3 (1.91%) XML
6 2 (1.27%) ActiveMQ
6 2 (1.27%) Akka
6 2 (1.27%) Java EE
7 1 (0.64%) JSON
7 1 (0.64%) MDX
7 1 (0.64%) Ajax
7 1 (0.64%) ISPF
7 1 (0.64%) HTML5
7 1 (0.64%) REST
Miscellaneous
1 13 (8.28%) Analytical Skills
2 12 (7.64%) SWIFT
3 11 (7.01%) Derivative
4 10 (6.37%) Foreign Exchange (FX)
4 10 (6.37%) Hedge funds
5 7 (4.46%) User Experience
6 6 (3.82%) Management Information System
7 5 (3.18%) Blackberry
7 5 (3.18%) Fixed Income
7 5 (3.18%) Equities
7 5 (3.18%) Market Risk
8 4 (2.55%) Handset
8 4 (2.55%) Credit Risk
9 3 (1.91%) Graphic Design
9 3 (1.91%) Mainframe
9 3 (1.91%) Reference Data
10 2 (1.27%) Inversion of Control
10 2 (1.27%) iSeries
10 2 (1.27%) Visualisation
10 2 (1.27%) Data Structures
Operating Systems
1 27 (17.20%) Windows
2 18 (11.46%) Linux
3 15 (9.55%) UNIX
4 11 (7.01%) Windows Server 2008
5 10 (6.37%) Windows 7
6 7 (4.46%) Windows XP
7 4 (2.55%) Windows Server 2003
8 3 (1.91%) Red Hat Enterprise Linux
9 1 (0.64%) Windows Vista
9 1 (0.64%) zOS
9 1 (0.64%) Solaris
9 1 (0.64%) Oracle Linux
Processes & Methodologies
1 23 (14.65%) Agile Software Development
2 22 (14.01%) Project Management
3 20 (12.74%) Business Analysis
4 16 (10.19%) Stakeholder Management
5 15 (9.55%) User Acceptance Testing
6 13 (8.28%) Risk Management
7 11 (7.01%) ITIL
8 9 (5.73%) Migration
8 9 (5.73%) Integration Testing
9 8 (5.10%) Cash Management
9 8 (5.10%) Requirements Analysis
9 8 (5.10%) Scrum
9 8 (5.10%) TDD
9 8 (5.10%) Asset Management
9 8 (5.10%) Data Analysis
9 8 (5.10%) Data Modelling
9 8 (5.10%) Waterfall
9 8 (5.10%) Analytics
10 7 (4.46%) Business Intelligence
11 6 (3.82%) Change Management
Programming Languages
1 30 (19.11%) SQL
2 25 (15.92%) Java
3 8 (5.10%) C#
4 6 (3.82%) JavaScript
5 5 (3.18%) Scala
6 4 (2.55%) T-SQL
6 4 (2.55%) VBA
7 3 (1.91%) Python
7 3 (1.91%) Bash Shell
7 3 (1.91%) Shell Script
7 3 (1.91%) Ruby
8 2 (1.27%) Groovy
8 2 (1.27%) PL/SQL
8 2 (1.27%) C++
9 1 (0.64%) Delphi
9 1 (0.64%) Perl
9 1 (0.64%) REXX
9 1 (0.64%) R
Qualifications
1 8 (5.10%) Degree
2 5 (3.18%) CISSP
3 4 (2.55%) PMI Certification
3 4 (2.55%) CISMP
3 4 (2.55%) CISM
4 2 (1.27%) JNCIS
4 2 (1.27%) PMP
4 2 (1.27%) CCNP
4 2 (1.27%) ISEB
4 2 (1.27%) Cisco Certification
5 1 (0.64%) Microsoft Certification
5 1 (0.64%) ITIL Certification
5 1 (0.64%) CCA
5 1 (0.64%) CISA
5 1 (0.64%) GIAC
5 1 (0.64%) CCSA
5 1 (0.64%) CCSE
Quality Assurance & Compliance
1 6 (3.82%) SLA
2 5 (3.18%) QA
3 3 (1.91%) Data Quality
4 1 (0.64%) Basel III
System Software
1 14 (8.92%) Active Directory
2 5 (3.18%) Xen
3 3 (1.91%) VMware Infrastructure
4 1 (0.64%) Platform Symphony
4 1 (0.64%) Oracle RAC
4 1 (0.64%) RACF
Systems Management
1 3 (1.91%) SCCM
1 3 (1.91%) HP Quality Center
2 2 (1.27%) DameWare
2 2 (1.27%) SCOM
3 1 (0.64%) Tivoli
3 1 (0.64%) Tivoli Identity Manager
3 1 (0.64%) Puppet
3 1 (0.64%) Oracle Identity Manager
Vendors
1 21 (13.38%) Microsoft
2 19 (12.10%) Oracle
3 7 (4.46%) Citrix
3 7 (4.46%) VMware
4 5 (3.18%) NetApp
5 4 (2.55%) Cognos
5 4 (2.55%) Altiris
5 4 (2.55%) MobileIron
6 3 (1.91%) Teradata
6 3 (1.91%) Netezza
6 3 (1.91%) F5
6 3 (1.91%) Red Hat
6 3 (1.91%) Bloomberg
6 3 (1.91%) Cisco
6 3 (1.91%) Sybase
6 3 (1.91%) Sun
6 3 (1.91%) SAP
7 2 (1.27%) HP
7 2 (1.27%) Lotus
7 2 (1.27%) Juniper
City of London
iKonnect
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
Experis Ltd
Rate: £400.00 - £450.00 per day
Posted: 2 days ago
City, London
Absolute Solution Limited
Rate: From £255 to £255 per day - 6 month contract
Posted: 3 days ago
City, London
Experis Ltd
Rate: £400 - £450 per day
Posted: 3 days ago
City, London
I.T. Skillfinder
Rate: £525 - £550 per day
Posted: 6 days ago
City of London
iKonnect
Rate: £500 - £585 per day
Posted: 9 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £700 per day
Posted: 9 days ago
City of London
Orgtel
Rate: £71 - £800 per day
Posted: 11 days ago
City of London
Deerfoot IT
Posted: 12 days ago
City of London
Huxley Banking & Financial Services
Rate: £400 - £450 per day
Posted: 19 days ago
City of London
Huxley Banking & Financial Services
Rate: £500 - £650 per day
Posted: 25 days ago