The 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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Banking
Rank 6 5 4
Rank change year-on-year
-1 -1
Contract jobs citing Banking 3255 3473 4590
As % of all contract IT jobs located in London 14.69% 15.35% 20.88%
As % of the General category 31.77% 33.67% 40.62%
Number of daily rates quoted 2318 2663 3436
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £509
Average daily rate % change year-on-year
+5.00% -1.71%
90% offered a daily rate of more than £350 £325 £375
10% offered a daily rate of more than £650 £650 £628
UK excluding London average daily rate £413 £400 £396
% change year-on-year
+3.12% +1.01%
Number of hourly rates quoted 8 14 16
Average hourly rate £18.00 £17.50 £42.50
Average hourly rate % change year-on-year
+2.85% -58.82%
90% offered a hourly rate of more than £16.62 £12.50 £18.25
10% offered a hourly rate of more than £80.25 £39.25 £137.50
UK excluding London average hourly rate £10.44 £14.50 £18.00
% change year-on-year
-28.00% -19.44%
Banking
England

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the London region.

General Category
London
Contract IT job ads with a match in the
General category
10245 10316 11299
As % of all contract IT jobs located in London 46.22% 45.59% 51.39%
Number of daily rates quoted 7303 7357 7896
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £300 £295 £312
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 129 140 158
Average hourly rate £22.00 £17.58 £22.50
Average hourly rate % change year-on-year
+25.14% -21.86%
90% offered a hourly rate of more than £11.00 £12.00 £13.00
10% offered a hourly rate of more than £52.17 £40.00 £49.04
UK excluding London average hourly rate £25.00 £25.00 £25.00

Banking
Jobs Demand Trend in London

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.

Banking Jobs Demand Trend in London

Banking
Daily Rate Trend in London

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

Banking Daily Rate Trend in London

Banking
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 22 May 2015.

Banking Daily Rate Histogram in London

Banking
Hourly Rate Trend in London

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

Banking Hourly Rate Trend in London

Banking
Hourly Rate Histogram in London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 22 May 2015.

Banking Hourly Rate Histogram in London

Banking
Contract Job Locations in London

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 22 May 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London -1 1059 £500 - 238
Canary Wharf 0 40 £525 -4.54%
Docklands, London +1 28 £575 +13.58% 6
Bromley - 4 £500 -
Brentford -1 1 £488 +103.12% 1
Croydon -8 1 £600 -7.69%
Southwark - 1 £363 -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 22 May 2015, 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 3191 (50.34%) Finance
2 2622 (41.36%) Investment Banking
3 1392 (21.96%) SQL
4 1077 (16.99%) Agile Software Development
5 970 (15.30%) Java
6 780 (12.30%) Front Office
7 737 (11.63%) Stakeholder Management
8 719 (11.34%) Oracle
9 686 (10.82%) Project Management
10 664 (10.47%) C#
11 656 (10.35%) UNIX
12 564 (8.90%) Retail
12 564 (8.90%) Analytical Skills
13 562 (8.87%) SQL Server
14 558 (8.80%) Linux
15 527 (8.31%) .NET
16 494 (7.79%) JavaScript
17 491 (7.75%) Derivative
18 483 (7.62%) Microsoft
19 470 (7.41%) Windows
20 466 (7.35%) Business Analysis
21 445 (7.02%) HTML
22 423 (6.67%) MS Excel
23 408 (6.44%) Degree
24 390 (6.15%) Foreign Exchange (FX)
25 357 (5.63%) Retail Banking
26 355 (5.60%) Fixed Income
27 343 (5.41%) C++
28 333 (5.25%) Data Modelling
28 333 (5.25%) Python

Banking
Top Related IT Skills in London by Category

For the 6 months to 22 May 2015, 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 Platforms
1 129 (2.04%) SharePoint
2 102 (1.61%) WebSphere
3 81 (1.28%) SAS
4 50 (0.79%) Tomcat
5 48 (0.76%) WebLogic
6 47 (0.74%) MS Exchange
6 47 (0.74%) Apache Spark
7 46 (0.73%) Apache
8 42 (0.66%) IIS
9 37 (0.58%) Oracle Coherence
9 37 (0.58%) Confluence
10 32 (0.50%) Node.js
11 31 (0.49%) IBM Notes
12 29 (0.46%) MQSeries
13 28 (0.44%) Lync
14 27 (0.43%) Blackberry Enterprise Server
15 25 (0.39%) WebSphere Application Server
15 25 (0.39%) JBoss
16 24 (0.38%) Oracle Workflow
17 21 (0.33%) Exchange Server 2010
Applications
1 423 (6.67%) MS Excel
2 261 (4.12%) MS Office
3 178 (2.81%) MS PowerPoint
4 125 (1.97%) MS Project
5 110 (1.74%) MS Visio
6 29 (0.46%) Spreadsheet
7 27 (0.43%) Photoshop
8 15 (0.24%) Adobe Illustrator
9 7 (0.11%) Open Workbench
10 6 (0.095%) Adobe Creative Suite
11 5 (0.079%) Acrobat
12 3 (0.047%) OmniGraffle
13 2 (0.032%) InfoPath
14 1 (0.016%) Casewise Modeler
14 1 (0.016%) PowerPivot
Business Applications
1 38 (0.60%) Dynamics CRM
2 21 (0.33%) ION MarketView
3 19 (0.30%) SAP FI
3 19 (0.30%) SAP CO
3 19 (0.30%) SAP FI/CO
4 18 (0.28%) Markit EDM
5 16 (0.25%) Summit
5 16 (0.25%) RMDS
6 12 (0.19%) Temenos T24
7 11 (0.17%) Loan IQ
7 11 (0.17%) IntelliMatch
8 10 (0.16%) Remedy ITSM
9 9 (0.14%) Cognos TM1
9 9 (0.14%) thinkFolio
9 9 (0.14%) Eikon
10 8 (0.13%) Oracle General Ledger
11 7 (0.11%) Cognos Business Intelligence
12 6 (0.095%) Misys Midas
12 6 (0.095%) Hyperion Planning
12 6 (0.095%) Oracle Applications
Cloud Services
1 26 (0.41%) SaaS
2 12 (0.19%) PaaS
3 11 (0.17%) Adobe Analytics
4 8 (0.13%) Amazon AWS
5 7 (0.11%) Microsoft Azure
6 5 (0.079%) Cloud Computing
6 5 (0.079%) Office 365
6 5 (0.079%) GitHub
7 4 (0.063%) IaaS
7 4 (0.063%) Taleo
8 3 (0.047%) Google Analytics
8 3 (0.047%) IBM Blueworks
9 2 (0.032%) Amazon S3
10 1 (0.016%) Amazon EC2
10 1 (0.016%) Force.com
10 1 (0.016%) CloudFront
10 1 (0.016%) Amazon ELB
10 1 (0.016%) Amazon CloudWatch
10 1 (0.016%) AWS CloudFormation
10 1 (0.016%) Amazon ElastiCache
Communications & Networking
1 135 (2.13%) Firewall
2 106 (1.67%) Internet
3 79 (1.25%) TCP/IP
4 71 (1.12%) LAN
5 65 (1.03%) SAN
6 63 (0.99%) Multicast
7 57 (0.90%) DNS
8 52 (0.82%) BGP
9 48 (0.76%) VPN
10 47 (0.74%) WAN
11 40 (0.63%) EIGRP
12 39 (0.62%) Network Security
13 38 (0.60%) MPLS
13 38 (0.60%) OSPF
14 33 (0.52%) Cisco Nexus
15 30 (0.47%) NAS
16 28 (0.44%) HTTP
16 28 (0.44%) Wireless
17 25 (0.39%) DHCP
18 24 (0.38%) Intranet
Database & Business Intelligence
1 562 (8.87%) SQL Server
2 292 (4.61%) Data Warehouse
3 251 (3.96%) Relational Database
4 172 (2.71%) SQL Server Integration Services
5 165 (2.60%) Big Data
6 144 (2.27%) Oracle Database
7 134 (2.11%) Hadoop
8 123 (1.94%) SQL Server Reporting Services
9 115 (1.81%) QlikView
10 109 (1.72%) SQL Server 2008
11 103 (1.62%) RDBMS
12 76 (1.20%) MS Access
13 74 (1.17%) Oracle Database 11g
14 66 (1.04%) Data Mining
15 62 (0.98%) SQL Server Analysis Services
16 58 (0.91%) NoSQL
16 58 (0.91%) DB2
17 57 (0.90%) SQL Server 2012
18 55 (0.87%) SQL Server 2005
19 40 (0.63%) Apache Hive
Development Applications
1 153 (2.41%) JIRA
2 105 (1.66%) Subversion
3 104 (1.64%) Maven
4 92 (1.45%) TeamCity
5 73 (1.15%) Git (software)
6 50 (0.79%) Visual Studio
7 47 (0.74%) Grunt
8 45 (0.71%) Jenkins
9 44 (0.69%) Selenium
10 41 (0.65%) NUnit
11 36 (0.57%) jMock
12 34 (0.54%) Ant
13 33 (0.52%) Bower
14 32 (0.50%) JUnit
15 28 (0.44%) Eclipse
16 27 (0.43%) QuickTest Pro
17 22 (0.35%) Cucumber
18 20 (0.32%) WebDriver
18 20 (0.32%) ERwin
19 16 (0.25%) Mockito
General
1 3191 (50.34%) Finance
2 2622 (41.36%) Investment Banking
3 780 (12.30%) Front Office
4 564 (8.90%) Retail
5 357 (5.63%) Retail Banking
6 228 (3.60%) Back Office
7 207 (3.27%) Legal
8 152 (2.40%) Financial Institution
9 113 (1.78%) Telecoms
10 82 (1.29%) Corporate Banking
11 80 (1.26%) Law
12 64 (1.01%) Marketing
13 46 (0.73%) Private Banking
14 38 (0.60%) General Ledger
15 36 (0.57%) Advertising
16 25 (0.39%) Billing
17 24 (0.38%) Wholesale Banking
18 20 (0.32%) International Banking
19 17 (0.27%) French Language
20 14 (0.22%) Pharmaceutical
Job Titles
1 1754 (27.67%) Analyst
2 1718 (27.10%) Developer
3 997 (15.73%) Business Analyst
4 720 (11.36%) Project Manager
5 410 (6.47%) Java Developer
6 336 (5.30%) Architect
7 287 (4.53%) Banking Business Analyst
8 259 (4.09%) C# Developer
9 219 (3.45%) Senior Developer
10 207 (3.27%) Consultant
11 166 (2.62%) Data Analyst
11 166 (2.62%) SQL Developer
12 142 (2.24%) C++ Developer
13 139 (2.19%) Support Analyst
13 139 (2.19%) Senior Analyst
14 128 (2.02%) .NET Developer
15 127 (2.00%) Test Analyst
16 122 (1.92%) Test Manager
17 120 (1.89%) Programme Manager
18 117 (1.85%) Applications Support
Libraries, Frameworks & Software Standards
1 527 (8.31%) .NET
2 445 (7.02%) HTML
3 277 (4.37%) HTML5
4 238 (3.75%) XML
5 214 (3.38%) CSS
6 205 (3.23%) AngularJS
7 160 (2.52%) WPF
8 149 (2.35%) Web Services
9 146 (2.30%) Spring
10 134 (2.11%) FIX Protocol
11 125 (1.97%) ASP.NET
12 117 (1.85%) Middleware
13 114 (1.80%) WCF
14 112 (1.77%) jQuery
15 111 (1.75%) Hibernate
16 101 (1.59%) .NET Framework
17 97 (1.53%) RESTful
18 79 (1.25%) JMS
19 75 (1.18%) J2EE
20 62 (0.98%) SOAP
Miscellaneous
1 564 (8.90%) Analytical Skills
2 491 (7.75%) Derivative
3 390 (6.15%) Foreign Exchange (FX)
4 355 (5.60%) Fixed Income
5 261 (4.12%) Equities
6 198 (3.12%) Credit Risk
7 196 (3.09%) Market Risk
8 173 (2.73%) User Experience
9 152 (2.40%) Computer Science
10 135 (2.13%) Equity Derivative
11 113 (1.78%) SWIFT
12 96 (1.51%) Management Information System
13 83 (1.31%) Mathematics
14 77 (1.21%) Blackberry
15 69 (1.09%) Visualisation
16 61 (0.96%) Reference Data
17 52 (0.82%) Data Structures
18 51 (0.80%) Online Banking
19 49 (0.77%) Mobile Banking
20 48 (0.76%) Mobile App
Operating Systems
1 656 (10.35%) UNIX
2 558 (8.80%) Linux
3 470 (7.41%) Windows
4 128 (2.02%) Solaris
5 83 (1.31%) Windows Server 2008
6 75 (1.18%) Windows 7
7 71 (1.12%) Red Hat Enterprise Linux
8 59 (0.93%) Windows Server 2003
9 53 (0.84%) Windows XP
10 45 (0.71%) Android
11 36 (0.57%) Apple iOS
12 34 (0.54%) AIX
13 28 (0.44%) Windows Server 2012
14 20 (0.32%) SUSE
15 14 (0.22%) zOS
16 8 (0.13%) Windows 8
17 5 (0.079%) Windows NT
17 5 (0.079%) Oracle Linux
18 4 (0.063%) SUSE Linux Enterprise Server
18 4 (0.063%) HPUX
Processes & Methodologies
1 1077 (16.99%) Agile Software Development
2 737 (11.63%) Stakeholder Management
3 686 (10.82%) Project Management
4 466 (7.35%) Business Analysis
5 333 (5.25%) Data Modelling
6 326 (5.14%) Risk Management
7 324 (5.11%) TDD
8 315 (4.97%) OO
9 311 (4.91%) User Acceptance Testing
10 307 (4.84%) Migration
11 283 (4.46%) Analytics
12 279 (4.40%) Multithreading
13 243 (3.83%) Scrum
14 239 (3.77%) ITIL
15 235 (3.71%) Business Intelligence
16 229 (3.61%) Data Analysis
17 224 (3.53%) Low Latency
18 221 (3.49%) ETL
19 219 (3.45%) Change Management
20 206 (3.25%) PRINCE2
Programming Languages
1 1392 (21.96%) SQL
2 970 (15.30%) Java
3 664 (10.47%) C#
4 494 (7.79%) JavaScript
5 343 (5.41%) C++
6 333 (5.25%) Python
7 206 (3.25%) VBA
8 202 (3.19%) Perl
9 136 (2.15%) PL/SQL
10 130 (2.05%) Shell Script
11 123 (1.94%) T-SQL
12 91 (1.44%) C
13 84 (1.33%) Scala
14 57 (0.90%) PowerShell
15 44 (0.69%) VB
16 41 (0.65%) Bash Shell
17 39 (0.62%) VB.NET
18 37 (0.58%) Korn
19 31 (0.49%) VBScript
19 31 (0.49%) R
Qualifications
1 408 (6.44%) Degree
2 84 (1.33%) ISEB
3 81 (1.28%) PMI Certification
4 76 (1.20%) Cisco Certification
5 57 (0.90%) PMP
6 56 (0.88%) CCNP
7 51 (0.80%) ISTQB
8 36 (0.57%) CISSP
9 31 (0.49%) PRINCE2 Certification
10 29 (0.46%) CCIE
11 28 (0.44%) CCNA
12 25 (0.39%) ITIL Certification
12 25 (0.39%) Microsoft Certification
13 24 (0.38%) CISA
14 18 (0.28%) ISTQB Foundation Certification
15 17 (0.27%) CISM
15 17 (0.27%) Security Cleared
16 14 (0.22%) MCSE
17 11 (0.17%) MCITP
18 10 (0.16%) MBA
Quality Assurance & Compliance
1 226 (3.57%) QA
2 110 (1.74%) EMIR
3 90 (1.42%) Dodd-Frank
4 69 (1.09%) FATCA
5 49 (0.77%) MiFID
6 45 (0.71%) Data Quality
6 45 (0.71%) Basel III
7 31 (0.49%) SLA
8 26 (0.41%) Sarbanes-Oxley
9 18 (0.28%) COBIT
9 18 (0.28%) Basel II
10 16 (0.25%) ISO 9001
11 15 (0.24%) ISO/IEC 27001
11 15 (0.24%) COREP
12 13 (0.21%) CRD IV
13 8 (0.13%) PCI DSS
14 7 (0.11%) FINREP
15 6 (0.095%) ISO 9000
16 4 (0.063%) AIFMD
16 4 (0.063%) Solvency II
System Software
1 120 (1.89%) Active Directory
2 65 (1.03%) VMware Infrastructure
3 29 (0.46%) Oracle RAC
4 27 (0.43%) HDFS
5 25 (0.39%) XenApp
6 22 (0.35%) vSphere
7 16 (0.25%) XenDesktop
7 16 (0.25%) Microsoft App-V
8 15 (0.24%) VMware ESX
8 15 (0.24%) Veritas Cluster Server
9 14 (0.22%) NFS
10 10 (0.16%) Apache Flume
11 8 (0.13%) Hyper-V
11 8 (0.13%) Veritas Volume Manager
12 7 (0.11%) RACF
12 7 (0.11%) ACF2
13 6 (0.095%) VMware ESXi
13 6 (0.095%) SRDF
13 6 (0.095%) ProxySG
14 5 (0.079%) KVM
Systems Management
1 94 (1.48%) HP Quality Center
2 38 (0.60%) Control-M
3 35 (0.55%) ITRS Geneos
4 23 (0.36%) Tivoli
5 22 (0.35%) Opscode Chef
5 22 (0.35%) Puppet
5 22 (0.35%) SCCM
6 20 (0.32%) BladeLogic
7 19 (0.30%) CA Single Sign-On
8 16 (0.25%) Hadoop YARN
9 13 (0.21%) SCOM
9 13 (0.21%) Data Guard
10 12 (0.19%) Oracle RMAN
11 10 (0.16%) NetBackup
12 9 (0.14%) Tivoli Storage Manager
12 9 (0.14%) Oozie
13 8 (0.13%) HP Operations Orchestration
14 7 (0.11%) Symantec Enterprise Vault
14 7 (0.11%) Cisco Prime
15 6 (0.095%) Nagios
Vendors
1 719 (11.34%) Oracle
2 483 (7.62%) Microsoft
3 205 (3.23%) Sybase
4 191 (3.01%) IBM
5 144 (2.27%) Cisco
6 103 (1.62%) VMware
7 99 (1.56%) TIBCO
8 87 (1.37%) HP
8 87 (1.37%) Citrix
9 85 (1.34%) Informatica
10 84 (1.33%) SAP
11 74 (1.17%) Red Hat
12 69 (1.09%) Bloomberg
13 67 (1.06%) F5
14 66 (1.04%) Business Objects
15 58 (0.91%) Cognos
16 56 (0.88%) Juniper
16 56 (0.88%) Reuters
17 52 (0.82%) CheckPoint
18 49 (0.77%) EMC
London
Hydrogen Group
Rate: £500.00 - £600.00 per day
Posted: Yesterday
London
Hydrogen Group
Rate: £500.00 - £600.00 per day
Posted: Yesterday
London
Hydrogen Group
Rate: £500.00 - £600.00 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £550 - £650 per annum
Posted: 3 days ago
City, London
TEKsystems
Rate: £400 - £450 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £350 - £450 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £450.00 - £550.00 per annum
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £600 per day
Posted: 3 days ago
City, London
ComputAppoint
Rate: £300 - £308 per day
Posted: 3 days ago
London
Aston Carter
Rate: £325 - £450 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £450 - £500 per day
Posted: 3 days ago
London
PCR
Rate: £400.00 - £415 per day
Posted: 3 days ago
City, London
Lorien Resourcing
Posted: 3 days ago
London
Hays Finance Technology
Rate: £400.00 - £600.00 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £750 per day
Posted: 3 days ago
London
Aston Carter
Rate: £400 - £500 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £350 - £500 per day
Posted: 3 days ago
London
Annapurna
Rate: £250 - £300 per day
Posted: 3 days ago
London
Harvey Nash plc
Rate: £550 - £650 per day
Posted: 3 days ago
London
Lorien Resourcing
Posted: 3 days ago