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 27 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
27 Nov 2014
Same period 2013 Same period 2012
Banking
Rank 6 4 4
Rank change year-on-year
-2 0
Contract jobs citing Banking 3584 4468 4333
As % of all contract IT jobs located in London 15.09% 18.28% 19.54%
As % of the General category 33.43% 36.70% 38.74%
Number of daily rates quoted 2756 3431 3245
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £525 £500
Average daily rate % change year-on-year
-4.76% +5.00%
90% offered a daily rate of more than £325 £325 £325
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £418 £386 £375
% change year-on-year
+8.30% +2.80%
Number of hourly rates quoted 10 13 16
Average hourly rate £26.50 £21.00 £23.00
Average hourly rate % change year-on-year
+26.19% -8.69%
90% offered a hourly rate of more than £18.43 £17.50 £16.75
10% offered a hourly rate of more than £88.00 £125.00 £83.00
UK excluding London average hourly rate £10.00 £10.25 £15.00
% change year-on-year
-2.43% -31.66%
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
10720 12176 11186
As % of all contract IT jobs located in London 45.15% 49.82% 50.45%
Number of daily rates quoted 7955 8644 7755
Average daily rate £475 £475 £475
90% offered a daily rate of more than £295 £300 £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 122 160 190
Average hourly rate £21.53 £20.75 £22.00
Average hourly rate % change year-on-year
+3.75% -5.68%
90% offered a hourly rate of more than £13.09 £12.50 £12.50
10% offered a hourly rate of more than £54.50 £42.50 £52.10
UK excluding London average hourly rate £25.00 £21.33 £25.00
% change year-on-year
+17.20% -14.68%

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 27 November 2014.

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 27 November 2014.

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 27 November 2014. 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 1087 £500 -2.43% 251
Docklands, London +1 46 £519 -5.68% 8
Canary Wharf -4 17 £500 -4.76%
Romford +2 6 £650 +13.04% 7
Westminster - 2 £525 -
Paddington -2 1 - -
Bromley -12 1 - - 1
Harrow - - - - 1
Hayes - - - -
Hounslow - - - -
Kingston Upon Thames - - - - 3
Surbiton - - - - 1
Twickenham - - - -
Uxbridge - - - -
Wimbledon - - - - 1
Mayfair - - - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 27 November 2014, 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 3157 (45.84%) Finance
2 2978 (43.24%) Investment Banking
3 1464 (21.26%) SQL
4 1116 (16.20%) Agile Software Development
5 1093 (15.87%) Java
6 966 (14.03%) Front Office
7 936 (13.59%) Oracle
8 736 (10.69%) Windows
9 728 (10.57%) Project Management
10 721 (10.47%) UNIX
11 690 (10.02%) Linux
12 684 (9.93%) Stakeholder Management
13 661 (9.60%) C#
14 573 (8.32%) Analytical Skills
15 567 (8.23%) Microsoft
16 565 (8.20%) SQL Server
17 519 (7.54%) Retail
18 504 (7.32%) Business Analysis
19 496 (7.20%) Foreign Exchange (FX)
20 485 (7.04%) .NET
21 484 (7.03%) Derivative
22 477 (6.93%) Degree
23 410 (5.95%) JavaScript
24 395 (5.74%) Multithreading
25 391 (5.68%) MS Excel
26 382 (5.55%) HTML
27 380 (5.52%) Fixed Income
28 375 (5.45%) C++
29 373 (5.42%) TDD
30 371 (5.39%) User Acceptance Testing

Banking
Top Related IT Skills in London by Category

For the 6 months to 27 November 2014, 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
1 196 (2.85%) SharePoint
2 125 (1.82%) WebSphere
3 98 (1.42%) Tomcat
3 98 (1.42%) WebLogic
4 78 (1.13%) SAS
5 65 (0.94%) MS Exchange
6 62 (0.90%) Apache
7 58 (0.84%) IIS
8 57 (0.83%) JBoss
9 56 (0.81%) CMS
10 55 (0.80%) Oracle Coherence
11 50 (0.73%) Lync
12 40 (0.58%) IBM Notes
13 39 (0.57%) Exchange Server 2010
14 34 (0.49%) TIBCO EMS
15 29 (0.42%) Node.js
16 27 (0.39%) Confluence
17 26 (0.38%) SharePoint 2010
17 26 (0.38%) GlassFish
17 26 (0.38%) BizTalk Server
Applications
1 391 (5.68%) MS Excel
2 284 (4.12%) MS Office
3 188 (2.73%) MS PowerPoint
4 134 (1.95%) MS Project
5 132 (1.92%) MS Visio
6 40 (0.58%) Photoshop
7 35 (0.51%) Adobe Illustrator
8 27 (0.39%) Spreadsheet
9 12 (0.17%) OmniGraffle
10 8 (0.12%) Acrobat
11 6 (0.087%) Adobe Creative Suite
11 6 (0.087%) Open Workbench
12 4 (0.058%) Adobe Captivate
13 3 (0.044%) InDesign
14 2 (0.029%) SPSS
14 2 (0.029%) RoboHelp
14 2 (0.029%) Fireworks
15 1 (0.015%) FrameMaker
15 1 (0.015%) DOC1
15 1 (0.015%) Stata
Business Applications
1 45 (0.65%) Dynamics CRM
2 36 (0.52%) Summit
3 35 (0.51%) RMDS
3 35 (0.51%) ION MarketView
4 28 (0.41%) Cognos TM1
5 23 (0.33%) Markit EDM
6 15 (0.22%) Temenos T24
7 14 (0.20%) SAP FI
8 13 (0.19%) SunGard GMI
9 12 (0.17%) Oracle BPM
9 12 (0.17%) Loan IQ
9 12 (0.17%) SAP Oil and Gas
9 12 (0.17%) Oracle EBS
10 11 (0.16%) IntelliMatch
11 9 (0.13%) SAP BPC
11 9 (0.13%) Oracle Cash Management
12 8 (0.12%) Oracle Subledger Accounting
12 8 (0.12%) Oracle EBS R12
12 8 (0.12%) Remedy ITSM
12 8 (0.12%) assyst
Cloud Services
1 25 (0.36%) SaaS
2 23 (0.33%) Cloud Computing
3 10 (0.15%) Microsoft Azure
4 9 (0.13%) Force.com
5 8 (0.12%) Office 365
6 6 (0.087%) GitHub
7 4 (0.058%) IBM Blueworks
8 3 (0.044%) Amazon EC2
8 3 (0.044%) IaaS
8 3 (0.044%) IBM SmartCloud
9 2 (0.029%) Amazon S3
10 1 (0.015%) Taleo
10 1 (0.015%) PaaS
10 1 (0.015%) Heroku
10 1 (0.015%) Google Apps
10 1 (0.015%) Amazon EMR
10 1 (0.015%) Basecamp
10 1 (0.015%) Google Cloud Platform
10 1 (0.015%) SoftLayer
Communications & Networking
1 165 (2.40%) Firewall
2 130 (1.89%) TCP/IP
3 100 (1.45%) Internet
4 97 (1.41%) LAN
5 96 (1.39%) WAN
5 96 (1.39%) DNS
6 82 (1.19%) SAN
7 61 (0.89%) BGP
8 59 (0.86%) Intranet
9 55 (0.80%) Network Security
10 54 (0.78%) VPN
10 54 (0.78%) OSPF
11 48 (0.70%) Multicast
12 32 (0.46%) LDAP
12 32 (0.46%) DHCP
13 31 (0.45%) EIGRP
13 31 (0.45%) Cisco Nexus
14 30 (0.44%) VLAN
14 30 (0.44%) Cisco IOS
15 27 (0.39%) FTP
Database & Business Intelligence
1 565 (8.20%) SQL Server
2 278 (4.04%) Data Warehouse
3 252 (3.66%) Relational Database
4 197 (2.86%) Oracle Database
5 156 (2.27%) SQL Server Integration Services
6 145 (2.11%) Big Data
7 134 (1.95%) QlikView
8 119 (1.73%) SQL Server Reporting Services
9 113 (1.64%) SQL Server 2008
10 110 (1.60%) RDBMS
11 97 (1.41%) Hadoop
12 75 (1.09%) Oracle Database 11g
13 73 (1.06%) MongoDB
14 72 (1.05%) DB2
15 69 (1.00%) SQL Server Analysis Services
16 53 (0.77%) NoSQL
17 50 (0.73%) Data Mining
18 49 (0.71%) Oracle Database 10g
19 44 (0.64%) Sybase ASE
20 42 (0.61%) MySQL
Development Applications
1 141 (2.05%) JIRA
2 130 (1.89%) Maven
3 127 (1.84%) Subversion
4 90 (1.31%) TeamCity
5 82 (1.19%) JUnit
6 72 (1.05%) Git (software)
7 58 (0.84%) Ant
8 51 (0.74%) Visual Studio
9 44 (0.64%) Selenium
9 44 (0.64%) NUnit
10 43 (0.62%) Eclipse
11 41 (0.60%) CruiseControl
12 37 (0.54%) Team Foundation Server
12 37 (0.54%) jMock
13 36 (0.52%) QuickTest Pro
14 35 (0.51%) Jenkins
15 30 (0.44%) Grunt
15 30 (0.44%) Cucumber
16 24 (0.35%) WebDriver
17 23 (0.33%) Hudson
General
1 3157 (45.84%) Finance
2 2978 (43.24%) Investment Banking
3 966 (14.03%) Front Office
4 519 (7.54%) Retail
5 336 (4.88%) Retail Banking
6 239 (3.47%) Financial Institution
7 225 (3.27%) Back Office
8 180 (2.61%) Legal
9 118 (1.71%) Telecoms
10 68 (0.99%) Corporate Banking
11 58 (0.84%) Law
12 56 (0.81%) Marketing
13 47 (0.68%) International Banking
14 46 (0.67%) Advertising
15 37 (0.54%) French Language
15 37 (0.54%) Private Banking
16 27 (0.39%) Manufacturing
17 22 (0.32%) Spanish Language
17 22 (0.32%) General Ledger
18 19 (0.28%) Publishing
Job Titles
1 1855 (26.93%) Developer
2 1741 (25.28%) Analyst
3 955 (13.87%) Business Analyst
4 743 (10.79%) Project Manager
5 507 (7.36%) Java Developer
6 351 (5.10%) Architect
7 275 (3.99%) Banking Business Analyst
8 273 (3.96%) Consultant
9 252 (3.66%) C# Developer
10 208 (3.02%) Senior Developer
11 187 (2.72%) Support Analyst
12 165 (2.40%) Programme Manager
13 152 (2.21%) C++ Developer
14 144 (2.09%) Data Analyst
15 128 (1.86%) Administrator
16 125 (1.82%) SQL Developer
17 123 (1.79%) Test Manager
18 117 (1.70%) Applications Support
18 117 (1.70%) Senior Manager
19 115 (1.67%) Senior Analyst
Libraries, Frameworks & Software Standards
1 485 (7.04%) .NET
2 382 (5.55%) HTML
3 277 (4.02%) XML
4 226 (3.28%) Spring
5 205 (2.98%) HTML5
6 182 (2.64%) WPF
7 173 (2.51%) Middleware
8 171 (2.48%) Web Services
9 170 (2.47%) CSS
10 146 (2.12%) FIX Protocol
11 141 (2.05%) WCF
12 134 (1.95%) Hibernate
13 117 (1.70%) ASP.NET
13 117 (1.70%) jQuery
14 115 (1.67%) AngularJS
15 101 (1.47%) J2EE
16 99 (1.44%) JMS
17 82 (1.19%) REST
18 72 (1.05%) .NET Framework
18 72 (1.05%) SOAP
Miscellaneous
1 573 (8.32%) Analytical Skills
2 496 (7.20%) Foreign Exchange (FX)
3 484 (7.03%) Derivative
4 380 (5.52%) Fixed Income
5 258 (3.75%) Equities
6 247 (3.59%) Credit Risk
7 226 (3.28%) Market Risk
8 163 (2.37%) Computer Science
9 161 (2.34%) User Experience
10 125 (1.82%) Management Information System
11 122 (1.77%) Data Structures
12 98 (1.42%) SWIFT
13 97 (1.41%) Mobile Banking
14 93 (1.35%) Credit Derivative
15 87 (1.26%) Mathematics
16 83 (1.21%) Equity Derivative
17 80 (1.16%) Mainframe
18 79 (1.15%) Reference Data
19 77 (1.12%) Blackberry
20 75 (1.09%) Mobile App
Operating Systems
1 736 (10.69%) Windows
2 721 (10.47%) UNIX
3 690 (10.02%) Linux
4 163 (2.37%) Windows 7
5 148 (2.15%) Solaris
6 144 (2.09%) Red Hat Enterprise Linux
7 105 (1.52%) Windows Server 2008
8 78 (1.13%) Windows Server 2003
9 75 (1.09%) Windows XP
10 68 (0.99%) Apple iOS
11 54 (0.78%) Android
12 43 (0.62%) SUSE
13 37 (0.54%) zOS
14 31 (0.45%) AIX
15 26 (0.38%) Windows Server 2012
16 15 (0.22%) HPUX
17 11 (0.16%) Windows 8
18 7 (0.10%) SUSE Linux Enterprise Server
19 5 (0.073%) Mac OS X
19 5 (0.073%) Oracle Linux
Processes & Methodologies
1 1116 (16.20%) Agile Software Development
2 728 (10.57%) Project Management
3 684 (9.93%) Stakeholder Management
4 504 (7.32%) Business Analysis
5 395 (5.74%) Multithreading
6 373 (5.42%) TDD
7 371 (5.39%) User Acceptance Testing
8 342 (4.97%) Risk Management
9 341 (4.95%) OO
10 317 (4.60%) Migration
11 297 (4.31%) ITIL
12 291 (4.23%) Analytics
13 281 (4.08%) Change Management
13 281 (4.08%) Low Latency
14 274 (3.98%) Business Intelligence
15 269 (3.91%) Data Modelling
16 263 (3.82%) Scrum
17 235 (3.41%) Data Analysis
18 222 (3.22%) ETL
19 210 (3.05%) PRINCE2
Programming Languages
1 1464 (21.26%) SQL
2 1093 (15.87%) Java
3 661 (9.60%) C#
4 410 (5.95%) JavaScript
5 375 (5.45%) C++
6 282 (4.09%) Python
7 229 (3.33%) Perl
8 201 (2.92%) Shell Script
9 185 (2.69%) VBA
10 182 (2.64%) PL/SQL
11 157 (2.28%) PowerShell
12 118 (1.71%) C
13 112 (1.63%) T-SQL
14 79 (1.15%) VB
15 59 (0.86%) Scala
16 50 (0.73%) VBScript
17 45 (0.65%) Ruby
18 44 (0.64%) Bash Shell
19 41 (0.60%) Korn
20 27 (0.39%) RPG
Qualifications
1 477 (6.93%) Degree
2 100 (1.45%) PMI Certification
3 85 (1.23%) Cisco Certification
4 84 (1.22%) ISEB
5 64 (0.93%) CCNP
6 63 (0.91%) PMP
7 48 (0.70%) Microsoft Certification
8 43 (0.62%) PRINCE2 Certification
9 39 (0.57%) CISSP
10 27 (0.39%) CISA
11 26 (0.38%) ISTQB
11 26 (0.38%) CISM
11 26 (0.38%) CCNA
12 21 (0.30%) ITIL Certification
12 21 (0.30%) ISEB Practitioner
13 19 (0.28%) CCIE
14 17 (0.25%) MCSE
14 17 (0.25%) PRINCE2 Practitioner
15 16 (0.23%) CCSE
15 16 (0.23%) MBA
Quality Assurance & Compliance
1 235 (3.41%) QA
2 89 (1.29%) EMIR
3 80 (1.16%) Dodd-Frank
4 58 (0.84%) Sarbanes-Oxley
5 48 (0.70%) Basel III
6 47 (0.68%) FATCA
7 45 (0.65%) ISO 9001
8 34 (0.49%) MiFID
9 26 (0.38%) Data Quality
10 25 (0.36%) SLA
11 19 (0.28%) COBIT
12 18 (0.26%) ISO/IEC 27001
13 11 (0.16%) PCI DSS
13 11 (0.16%) COREP
14 10 (0.15%) FINREP
15 9 (0.13%) Basel II
16 8 (0.12%) CRD IV
17 6 (0.087%) GAAP
18 4 (0.058%) AIFMD
19 3 (0.044%) Solvency II
System Software
1 191 (2.77%) Active Directory
2 75 (1.09%) VMware Infrastructure
3 49 (0.71%) XenApp
4 44 (0.64%) Oracle RMAN
5 42 (0.61%) Oracle RAC
6 37 (0.54%) ACF2
7 32 (0.46%) RACF
8 29 (0.42%) vSphere
9 28 (0.41%) VMware ESX
10 25 (0.36%) Microsoft App-V
10 25 (0.36%) HDFS
11 24 (0.35%) Veritas Cluster Server
12 23 (0.33%) XenServer
13 22 (0.32%) Apache Flume
14 21 (0.30%) XenDesktop
15 20 (0.29%) Apache ZooKeeper
16 17 (0.25%) Veritas Volume Manager
17 13 (0.19%) NFS
17 13 (0.19%) ProxySG
17 13 (0.19%) Hyper-V
Systems Management
1 137 (1.99%) HP Quality Center
2 83 (1.21%) Control-M
3 66 (0.96%) SCCM
3 66 (0.96%) Tivoli
4 43 (0.62%) ITRS Geneos
5 28 (0.41%) Puppet
6 25 (0.36%) Data Guard
7 22 (0.32%) SCOM
7 22 (0.32%) Tivoli Storage Manager
7 22 (0.32%) BMC PATROL
8 21 (0.30%) Oozie
9 20 (0.29%) Ambari
9 20 (0.29%) BladeLogic
10 18 (0.26%) Cisco CUCM
11 15 (0.22%) Opscode Chef
12 14 (0.20%) NetBackup
13 11 (0.16%) WMI
13 11 (0.16%) HP SIM
14 9 (0.13%) Cisco UCCX
15 8 (0.12%) Forefront Identity Manager
Vendors
1 936 (13.59%) Oracle
2 567 (8.23%) Microsoft
3 252 (3.66%) Sybase
4 197 (2.86%) Cisco
5 173 (2.51%) Red Hat
6 165 (2.40%) IBM
7 155 (2.25%) Citrix
8 151 (2.19%) HP
9 149 (2.16%) VMware
10 110 (1.60%) TIBCO
11 101 (1.47%) SAP
12 92 (1.34%) Business Objects
13 89 (1.29%) Cognos
14 86 (1.25%) Bloomberg
15 85 (1.23%) Informatica
16 81 (1.18%) Murex
16 81 (1.18%) CheckPoint
17 72 (1.05%) F5
17 72 (1.05%) Tableau
18 66 (0.96%) Adobe
London
Aston Carter
Rate: £500 - £750 per day
Posted: 1 hour ago
City, London
Aston Carter
Rate: £550 - £650 per day
Posted: 2 hours ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 3 hours ago
London
TEKsystems
Posted: 4 hours ago
London
Canary Wharf and City
Rate: Up to £600 per day
Posted: 4 hours ago
London
Canary Wharf and City
Rate: Up to £550 per day
Posted: 4 hours ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 4 hours ago
London
Parallel Consulting
Rate: £500 - £600 per day
Posted: 4 hours ago
London
ENTERPRISE RECRUITMENT LTD
Rate: £340 per day
Posted: 5 hours ago
City, London
Lorien Resourcing
Posted: 5 hours ago
City, London
Aston Carter
Rate: £440 - £500 per day
Posted: 5 hours ago
City, London
Lawrence Harvey IT & Change
Rate: £300 - £350 per day
Posted: 5 hours ago
South West London
Proactive Appointments
Rate: Up to £625 per day
Posted: 6 hours ago
City, London
McGregor Boyall
Rate: £450 - £700 per day
Posted: 6 hours ago
City, London
Hays Finance Technology
Rate: £600 - £700 per day + Excellent & Neg
Posted: 6 hours ago
London
Hays Finance Technology
Rate: £550.00 - £675.00 per day
Posted: 6 hours ago
City, London
Hays Finance Technology
Rate: £500 - £600.00 per day + Excellent & Neg
Posted: 7 hours ago
City, London
Experis Ltd
Posted: 7 hours ago
London
Hydrogen Group
Rate: £450.00 - £500.00 per day
Posted: 7 hours ago
London
Hydrogen Group
Rate: £600.00 per day
Posted: 9 hours ago