The first table below looks at the prevalence of the term Banking in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 23 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the London region.

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
23 May 2013
Same period 2012 Same period 2011
Banking
Rank 4 4 1
Rank change year-on-year
0 -3
Contract jobs citing Banking 4528 5781 9521
As % of all contract IT jobs located in London 20.93% 21.47% 30.12%
As % of the General category 40.54% 40.45% 50.78%
Number of daily rates quoted 3381 4274 6854
Average daily rate £510 £495 £525
Average daily rate % change year-on-year
+3.03% -5.71%
90% offered a daily rate of more than £375 £330 £375
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £396 £390 £385
% change year-on-year
+1.53% +1.29%
Number of hourly rates quoted 16 30 40
Average hourly rate £42.50 £21.25 £29.75
Average hourly rate % change year-on-year
+100.00% -28.57%
90% offered a hourly rate of more than £18.25 £15.50 £17.50
10% offered a hourly rate of more than £137.50 £57.00 £55.00
UK excluding London average hourly rate £19.00 £22.00 £18.50
% change year-on-year
-13.63% +18.91%
All of the General Category
London
Contract IT job ads with a match in the
General category
11169 14290 18749
As % of all contract IT jobs located in London 51.62% 53.06% 59.31%
Number of daily rates quoted 7796 9752 12736
Average daily rate £500 £475 £525
Average daily rate % change year-on-year
+5.26% -9.52%
90% offered a daily rate of more than £315 £300 £350
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 154 225 296
Average hourly rate £22.50 £21.00 £23.00
Average hourly rate % change year-on-year
+7.14% -8.69%
90% offered a hourly rate of more than £13.00 £13.00 £12.50
10% offered a hourly rate of more than £49.52 £45.00 £50.00
UK excluding London average hourly rate £26.00 £25.00 £26.00
% change year-on-year
+4.00% -3.84%
Banking
England

Banking
Jobs Demand Trend

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

London Banking Jobs Demand Trend

Banking
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the London region.

London Banking Daily Rate Trend

Banking
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 23 May 2013.

London Banking Daily Rate Histogram

Banking
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the London region.

London Banking Hourly Rate Trend

Banking
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 23 May 2013.

London Banking Hourly Rate Histogram

Banking
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the London region over the 3 months to 23 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of London +1 1714 £500 +5.26%
Canary Wharf -1 158 £550 -
Docklands, London +1 82 £500 -5.21%
Bromley +1 6 £463 -15.90%
Croydon -1 4 - -
Uxbridge +6 2 £450 +4.04%
Osterley - 2 £413 -
Hayes - 2 - -
Kingston Upon Thames 0 1 £345 -1.42%
Paddington -3 1 - -
Feltham - 1 £600 -
Brentford - 1 £500 -
Banking
England

Banking
Top 30 Related IT Skills

For the 6 months to 23 May 2013, IT contractor jobs across the 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 4162 (50.45%) Investment Banking
2 3595 (43.58%) Finance
3 1884 (22.84%) SQL
4 1137 (13.78%) Front Office
5 1064 (12.90%) C#
5 1064 (12.90%) Java
6 958 (11.61%) Project Management
7 951 (11.53%) Oracle
8 869 (10.53%) SQL Server
9 794 (9.624%) Windows
10 789 (9.564%) Retail
11 781 (9.467%) Derivative
12 779 (9.442%) .NET
13 687 (8.327%) Foreign Exchange (FX)
14 669 (8.109%) Business Analysis
15 642 (7.782%) UNIX
16 627 (7.600%) Microsoft
17 621 (7.527%) Stakeholder Management
18 582 (7.055%) Linux
19 572 (6.933%) Fixed Income
20 514 (6.230%) Agile Software Development
21 506 (6.133%) Retail Banking
22 484 (5.867%) Multithreading
23 481 (5.830%) C++
24 462 (5.600%) Migration
25 452 (5.479%) Credit Risk
26 449 (5.442%) MS Excel
27 434 (5.261%) Risk Management
28 425 (5.152%) Change Management
29 393 (4.764%) Data Modelling

Banking
Top Related IT Skills by Category

For the 6 months to 23 May 2013, IT contractor jobs across the 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 Development
1 779 (9.442%) .NET
2 379 (4.594%) XML
3 294 (3.564%) WPF
4 231 (2.800%) WCF
5 230 (2.788%) Spring
6 217 (2.630%) ASP.NET
7 212 (2.570%) Web Services
8 203 (2.461%) HTML
9 196 (2.376%) WebSphere
10 169 (2.048%) CSS
11 158 (1.915%) J2EE
12 142 (1.721%) Middleware
13 119 (1.442%) STL
13 119 (1.442%) jQuery
14 112 (1.358%) Hibernate
15 105 (1.273%) Ajax
15 105 (1.273%) Boost C++ Libraries
16 102 (1.236%) HTML5
17 97 (1.176%) JMS
18 90 (1.091%) Silverlight
Application Platforms
1 236 (2.861%) SharePoint
2 98 (1.188%) WebLogic
3 87 (1.055%) MS Exchange
4 82 (0.994%) IIS
5 74 (0.897%) SAS
6 71 (0.861%) Apache
7 65 (0.788%) WebSphere MQ
8 62 (0.752%) Oracle Coherence
9 61 (0.739%) Blackberry Enterprise Server
9 61 (0.739%) WebSphere Application Server
10 59 (0.715%) Tomcat
11 57 (0.691%) Lotus Notes
12 56 (0.679%) CMS
13 55 (0.667%) ESB
14 49 (0.594%) TeamSite
15 47 (0.570%) Exchange Server 2010
16 40 (0.485%) MQSeries
17 37 (0.448%) FileNet
18 32 (0.388%) Exchange Server 2003
18 32 (0.388%) MSMQ
Applications
1 449 (5.442%) MS Excel
2 310 (3.758%) MS Office
3 203 (2.461%) MS Visio
4 198 (2.400%) MS PowerPoint
5 185 (2.242%) MS Project
6 48 (0.582%) Spreadsheet
7 39 (0.473%) Photoshop
8 21 (0.255%) Adobe Illustrator
9 9 (0.109%) Adobe Captivate
10 8 (0.097%) Fireworks
11 7 (0.085%) InDesign
11 7 (0.085%) InfoPath
12 4 (0.048%) PowerPivot
12 4 (0.048%) Acrobat
13 3 (0.036%) S-PLUS
14 2 (0.024%) Mingle
14 2 (0.024%) OmniGraffle
14 2 (0.024%) Open Workbench
14 2 (0.024%) RoboHelp
15 1 (0.012%) SPSS
Business Applications
1 70 (0.848%) Dynamics CRM
2 48 (0.582%) Summit
3 36 (0.436%) FLEXCUBE
4 26 (0.315%) RMDS
5 24 (0.291%) Temenos T24
6 23 (0.279%) ION MarketView
7 19 (0.230%) Misys Equation
8 18 (0.218%) Oracle BPM
9 17 (0.206%) Oracle EBS
9 17 (0.206%) Cognos Business Intelligence
10 15 (0.182%) Adaptiv
11 14 (0.170%) Kondor+
12 13 (0.158%) Misys Midas
13 11 (0.133%) SAP FI
13 11 (0.133%) Algo Collateral
14 10 (0.121%) Loan IQ
14 10 (0.121%) Remedy ITSM
14 10 (0.121%) SAP CO
14 10 (0.121%) LatentZero
14 10 (0.121%) SAP FI/CO
Communications & Networking
1 241 (2.921%) Internet
2 154 (1.867%) HTTP
3 148 (1.794%) SAN
4 89 (1.079%) TCP/IP
5 63 (0.764%) Firewall
6 61 (0.739%) DNS
7 60 (0.727%) NAS
8 45 (0.545%) LAN
8 45 (0.545%) LDAP
9 44 (0.533%) FTP
10 40 (0.485%) WAN
11 34 (0.412%) DHCP
12 30 (0.364%) VPN
12 30 (0.364%) SSL
13 24 (0.291%) Broadband
13 24 (0.291%) 3G
14 23 (0.279%) Intranet
15 21 (0.255%) VoIP
15 21 (0.255%) SMTP
15 21 (0.255%) NetScaler
Database & Business Intelligence
1 869 (10.53%) SQL Server
2 330 (4.000%) Data Warehouse
3 228 (2.764%) SQL Server 2008
4 194 (2.352%) SQL Server Integration Services
5 153 (1.855%) SQL Server Reporting Services
6 132 (1.600%) SQL Server Analysis Services
7 115 (1.394%) SQL Server 2005
8 104 (1.261%) QlikView
9 92 (1.115%) Data Mining
10 86 (1.042%) Oracle 11g
11 80 (0.970%) DB2
12 79 (0.958%) MS Access
13 74 (0.897%) RDBMS
14 64 (0.776%) OLAP
14 64 (0.776%) Microsoft Analysis Services
15 61 (0.739%) Oracle 10g
16 59 (0.715%) BusinessObjects XI
17 51 (0.618%) Oracle 8/8i
18 47 (0.570%) Oracle Reports
19 46 (0.558%) Big Data
Development Applications
1 162 (1.964%) Subversion
2 142 (1.721%) JIRA
3 131 (1.588%) JUnit
4 122 (1.479%) Maven
5 82 (0.994%) Ant
6 72 (0.873%) TeamCity
7 69 (0.836%) Selenium
7 69 (0.836%) Eclipse
8 61 (0.739%) Visual Studio
9 56 (0.679%) ClearCase
10 55 (0.667%) Team Foundation Server
11 47 (0.570%) CruiseControl
12 46 (0.558%) QuickTest Pro
13 45 (0.545%) ERwin
14 37 (0.448%) Jenkins
15 33 (0.400%) MSI
16 32 (0.388%) Hudson
17 25 (0.303%) NUnit
18 21 (0.255%) Rhino Mocks
19 20 (0.242%) LoadRunner
General
1 4162 (50.45%) Investment Banking
2 3595 (43.58%) Finance
3 1137 (13.78%) Front Office
4 789 (9.564%) Retail
5 506 (6.133%) Retail Banking
6 360 (4.364%) Back Office
7 244 (2.958%) Financial Institution
8 191 (2.315%) Corporate Banking
9 186 (2.255%) Legal
10 131 (1.588%) Telecoms
11 84 (1.018%) Private Banking
12 80 (0.970%) Marketing
13 59 (0.715%) Wholesale Banking
14 52 (0.630%) Law
15 51 (0.618%) International Banking
16 41 (0.497%) General Ledger
17 40 (0.485%) Billing
18 26 (0.315%) French Language
19 25 (0.303%) Advertising
20 23 (0.279%) Publishing
Job Titles
1 2293 (27.79%) Analyst
2 2174 (26.35%) Developer
3 1377 (16.69%) Business Analyst
4 1072 (12.99%) Project Manager
5 525 (6.364%) C# Developer
6 485 (5.879%) Architect
7 421 (5.103%) Java Developer
8 333 (4.036%) Banking Business Analyst
9 292 (3.539%) Senior Developer
10 268 (3.248%) Consultant
11 242 (2.933%) Investment Banking Business Analyst
12 232 (2.812%) C++ Developer
13 197 (2.388%) .NET Developer
14 196 (2.376%) SQL Developer
15 191 (2.315%) Support Analyst
16 189 (2.291%) Data Analyst
17 177 (2.145%) Solutions Architect
18 167 (2.024%) C# .NET Developer
19 161 (1.952%) Programme Manager
20 159 (1.927%) Test Analyst
Miscellaneous
1 781 (9.467%) Derivative
2 687 (8.327%) Foreign Exchange (FX)
3 572 (6.933%) Fixed Income
4 452 (5.479%) Credit Risk
5 305 (3.697%) Equities
6 254 (3.079%) Market Risk
7 147 (1.782%) Online Banking
8 138 (1.673%) Reference Data
9 136 (1.648%) Management Information System
10 135 (1.636%) Blackberry
11 132 (1.600%) Computer Science
12 121 (1.467%) Credit Derivative
13 97 (1.176%) SWIFT
14 94 (1.139%) Equity Derivative
15 92 (1.115%) Mathematics
16 81 (0.982%) Mobile Banking
17 68 (0.824%) Interest Rate Derivative
17 68 (0.824%) Hedge funds
18 60 (0.727%) Grid Computing
19 53 (0.642%) Open Source
Operating Systems
1 794 (9.624%) Windows
2 642 (7.782%) UNIX
3 582 (7.055%) Linux
4 196 (2.376%) Windows 7
5 183 (2.218%) Solaris
6 115 (1.394%) Red Hat Enterprise Linux
7 114 (1.382%) Windows Server 2008
8 113 (1.370%) Windows XP
9 94 (1.139%) Windows Server 2003
10 75 (0.909%) AIX
11 57 (0.691%) SUSE
12 49 (0.594%) Android
13 45 (0.545%) Apple iOS
14 18 (0.218%) zOS
15 12 (0.145%) Windows 8
16 11 (0.133%) Windows 2000
17 9 (0.109%) HPUX
18 8 (0.097%) OS/400
19 7 (0.085%) CentOS
20 5 (0.061%) Fedora
Processes & Methodologies
1 958 (11.61%) Project Management
2 669 (8.109%) Business Analysis
3 621 (7.527%) Stakeholder Management
4 514 (6.230%) Agile Software Development
5 484 (5.867%) Multithreading
6 462 (5.600%) Migration
7 434 (5.261%) Risk Management
8 425 (5.152%) Change Management
9 393 (4.764%) Data Modelling
10 378 (4.582%) User Acceptance Testing
11 377 (4.570%) TDD
12 364 (4.412%) PRINCE2
13 362 (4.388%) E-Commerce
14 348 (4.218%) OO
15 324 (3.927%) Data Analysis
16 316 (3.830%) ITIL
17 284 (3.442%) UML
18 279 (3.382%) Scrum
19 252 (3.055%) Asset Management
20 250 (3.030%) Business Intelligence
Programming Languages
1 1884 (22.84%) SQL
2 1064 (12.90%) C#
2 1064 (12.90%) Java
3 481 (5.830%) C++
4 301 (3.648%) VBA
5 276 (3.345%) JavaScript
6 259 (3.139%) Perl
7 185 (2.242%) Python
8 181 (2.194%) PL/SQL
9 158 (1.915%) T-SQL
10 155 (1.879%) C
11 120 (1.455%) Shell Script
12 110 (1.333%) PowerShell
13 80 (0.970%) VB
14 66 (0.800%) VBScript
15 39 (0.473%) Scala
16 37 (0.448%) Korn
17 36 (0.436%) Bash shell
17 36 (0.436%) VB.NET
18 31 (0.376%) Ruby
Qualifications
1 393 (4.764%) Degree
2 105 (1.273%) PMI Certification
3 99 (1.200%) ISEB
4 85 (1.030%) PMP
5 81 (0.982%) PRINCE2 Certification
6 74 (0.897%) Security Cleared
7 64 (0.776%) ITIL Certification
8 56 (0.679%) SC Cleared
9 53 (0.642%) Microsoft Certification
10 35 (0.424%) ISTQB
11 31 (0.376%) CISSP
12 30 (0.364%) Cisco Certification
13 29 (0.352%) MCSE
14 23 (0.279%) PRINCE2 Practitioner
15 18 (0.218%) SCSA
15 18 (0.218%) Sun Certification
15 18 (0.218%) CISM
16 15 (0.182%) CCNP
17 13 (0.158%) CISA
17 13 (0.158%) CCIE
Quality Assurance & Compliance
1 299 (3.624%) QA
2 113 (1.370%) Basel III
3 54 (0.655%) Basel II
4 46 (0.558%) ISO 9001
4 46 (0.558%) FATCA
5 32 (0.388%) Data Quality
6 29 (0.352%) MiFID
7 27 (0.327%) SLA
8 24 (0.291%) COBIT
9 19 (0.230%) PCI DSS
10 17 (0.206%) Sarbanes-Oxley
10 17 (0.206%) ISO/IEC 27001
11 8 (0.097%) WAI
12 7 (0.085%) ISO 9000
13 6 (0.073%) Solvency II
14 4 (0.048%) COSO
15 2 (0.024%) ISO 8583
16 1 (0.012%) GAAP
16 1 (0.012%) ISO/IEC 17799
16 1 (0.012%) WCAG
System Software
1 202 (2.448%) Active Directory
2 93 (1.127%) VMware Infrastructure
3 73 (0.885%) XenApp
4 45 (0.545%) Veritas Volume Manager
5 41 (0.497%) VMware ESX
5 41 (0.497%) Veritas Cluster Server
6 38 (0.461%) XenDesktop
7 26 (0.315%) Oracle RAC
8 21 (0.255%) Microsoft App-V
9 20 (0.242%) vSphere
10 13 (0.158%) Hyper-V
10 13 (0.158%) SRDF
11 11 (0.133%) NFS
11 11 (0.133%) XenServer
12 9 (0.109%) Veritas File System
13 8 (0.097%) UAG
13 8 (0.097%) Oracle RMAN
14 7 (0.085%) OpenSSO
15 6 (0.073%) ISA Server
16 4 (0.048%) Samba
Systems Management
1 150 (1.818%) HP Quality Center
2 59 (0.715%) SCCM
3 58 (0.703%) Tivoli
4 36 (0.436%) SCOM
5 35 (0.424%) Control-M
6 28 (0.339%) BladeLogic
7 27 (0.327%) Tivoli Monitoring
7 27 (0.327%) Puppet
8 22 (0.267%) Norton AntiVirus
9 21 (0.255%) NetBackup
10 20 (0.242%) Symantec Enterprise Vault
11 19 (0.230%) BMC PATROL
12 16 (0.194%) WSUS
13 12 (0.145%) OpenView
14 11 (0.133%) MOM
14 11 (0.133%) Oracle Enterprise Manager
15 10 (0.121%) HP SIM
15 10 (0.121%) WMI
16 9 (0.109%) Nagios
16 9 (0.109%) Tivoli Storage Manager
Vendors
1 951 (11.53%) Oracle
2 627 (7.600%) Microsoft
3 278 (3.370%) Sybase
4 215 (2.606%) IBM
5 202 (2.448%) Citrix
6 162 (1.964%) HP
7 156 (1.891%) VMware
8 151 (1.830%) Business Objects
9 148 (1.794%) Red Hat
10 133 (1.612%) Bloomberg
11 128 (1.552%) SAP
12 115 (1.394%) TIBCO
12 115 (1.394%) Reuters
13 96 (1.164%) Cognos
14 93 (1.127%) Pega
15 85 (1.030%) EMC
16 80 (0.970%) Sun
17 77 (0.933%) Cisco
17 77 (0.933%) Murex
18 75 (0.909%) Informatica
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Posted: 21 May 2013
City, London
A leading global investment bank are currently recruiting for a strong Analyst Developer with ASP.Net and excellent SQL skills to work in a reference data IT team...
Aston Carter
Rate: £450 - £500 per day
Posted: 20 May 2013
London
My client is a top tier Investment Bank who urgently requires a developer with strong knowledge of KDB to work in their eTrading technology team... group of companies,...
Aston Carter
Rate: market rate
Posted: 17 May 2013
London
Skills: C# Developer, FX, Algo-trading... My client is looking for two C# Developers with strong experience in the FX Algo business... Key Skills: Strong C# development skills...
ComputAppoint
Posted: 20 May 2013
City, London
UX Analyst. An exciting opportunity for a UX Analyst, who will join a growing team that is focused on creating and developing the most engaging experience to launch...
Aston Carter
Rate: £400 - £500 per day + depending on experience
Posted: 17 May 2013
City, London
Contract Test Analyst - London - £300p/d - £330p/d - 6 Months Initially - Payments - BACS, CHAPS, SWIFT, SEPA... BACS, CHAPS, SWIFT, SEPA). *Experience with integration testing of payments flows, not...
Deerfoot IT Resources Ltd
Rate: £300 - £330 per day
Posted: 22 May 2013
London
The role will be working on a large reconciliations programme and will be required to manage all business analysis across numerous projects within the programme... Candidates must also...
Hydrogen Group
Rate: £400.00 per annum
Posted: 22 May 2013
London
It is essential that candidates have extensive Inventory Management experience such as ServiceNOW (SNow) and SAM. The client is in the midst of a large infrastructure rollout and...
iKas International
Rate: £475 - £525 per day
Posted: 22 May 2013
East London
You will have recent and extensive Investment Banking exposure as a Business Analyst coupled with knowledge of risk management practices including - monitoring risk through metrics and indicators. You...
iKas International
Rate: £500 - £550 per day
Posted: 22 May 2013
London
C# RAD Developer, Equities, Investment Banking, London... Development will be C# with SQL backend. Knowledge of winforms/WPF, server side C# and SQl including stored procedures is required.....
Aston Carter
Rate: £500 - £600 per day
Posted: 17 May 2013