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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 6 6 3
Rank change year-on-year
0 -3
Contract jobs citing Banking 3352 3330 4972
As % of all contract IT jobs located in London 14.37% 14.53% 21.26%
As % of the General category 30.94% 32.40% 41.25%
Number of daily rates quoted 2385 2515 3690
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £510 £500
Average daily rate % change year-on-year
-1.96% +2.00%
90% offered a daily rate of more than £350 £325 £350
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 9 7 29
Average hourly rate £18.00 £17.58 £22.50
Average hourly rate % change year-on-year
+2.38% -21.86%
90% offered a hourly rate of more than £17.98 £16.90 £13.90
10% offered a hourly rate of more than £71.00 £82.00 £71.00
UK excluding London average hourly rate £10.44 £20.75 £20.75
% change year-on-year
-49.68% -
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
10835 10277 12052
As % of all contract IT jobs located in London 46.44% 44.85% 51.52%
Number of daily rates quoted 7797 7188 8456
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £310
10% offered a daily rate of more than £650 £650 £638
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 124 134 176
Average hourly rate £22.18 £18.00 £22.50
Average hourly rate % change year-on-year
+23.22% -20.00%
90% offered a hourly rate of more than £11.00 £12.50 £13.50
10% offered a hourly rate of more than £52.17 £37.00 £46.60
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

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 3 July 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 3 July 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 3 July 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 1114 £513 +2.50% 317
Docklands, London 0 31 £575 +12.19% 3
Canary Wharf -1 28 £525 -4.54%
Brentford +3 2 £501 +108.85%
Bromley - 2 £425 - 1
Croydon -9 1 £600 - 1
Hayes - 1 - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 3 July 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 3468 (51.60%) Finance
2 2727 (40.57%) Investment Banking
3 1489 (22.15%) SQL
4 1156 (17.20%) Agile Software Development
5 970 (14.43%) Java
6 833 (12.39%) Front Office
7 784 (11.66%) Stakeholder Management
8 767 (11.41%) Oracle
9 747 (11.11%) C#
10 720 (10.71%) Project Management
11 648 (9.64%) UNIX
12 599 (8.91%) .NET
13 588 (8.75%) Retail
14 582 (8.66%) SQL Server
15 581 (8.64%) Analytical Skills
16 565 (8.41%) Linux
17 515 (7.66%) Microsoft
18 508 (7.56%) Business Analysis
18 508 (7.56%) Derivative
19 491 (7.31%) Windows
20 487 (7.25%) JavaScript
21 449 (6.68%) MS Excel
22 448 (6.67%) HTML
23 417 (6.20%) Degree
24 413 (6.14%) Foreign Exchange (FX)
25 380 (5.65%) Retail Banking
26 371 (5.52%) Fixed Income
27 365 (5.43%) SDLC
28 359 (5.34%) C++
29 355 (5.28%) Risk Management

Banking
Top Related IT Skills in London by Category

For the 6 months to 3 July 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
1 163 (2.43%) SharePoint
2 92 (1.37%) WebSphere
3 84 (1.25%) SAS
4 66 (0.98%) Oracle Coherence
5 59 (0.88%) Tomcat
6 52 (0.77%) IIS
7 51 (0.76%) Apache
8 49 (0.73%) MS Exchange
9 47 (0.70%) Apache Spark
10 41 (0.61%) WebLogic
11 36 (0.54%) MQSeries
12 33 (0.49%) Lync
13 32 (0.48%) Node.js
14 31 (0.46%) Confluence
14 31 (0.46%) JBoss
15 29 (0.43%) Blackberry Enterprise Server
16 23 (0.34%) IBM Notes
17 22 (0.33%) WebSphere Application Server
17 22 (0.33%) Oracle Workflow
18 20 (0.30%) CMS
Applications
1 449 (6.68%) MS Excel
2 258 (3.84%) MS Office
3 192 (2.86%) MS PowerPoint
4 131 (1.95%) MS Visio
5 124 (1.84%) MS Project
6 32 (0.48%) Spreadsheet
7 19 (0.28%) Photoshop
8 13 (0.19%) Open Workbench
9 8 (0.12%) Adobe Captivate
10 7 (0.10%) Adobe Illustrator
11 6 (0.089%) Adobe Creative Suite
12 3 (0.045%) OmniGraffle
13 2 (0.030%) Maple
13 2 (0.030%) Acrobat
13 2 (0.030%) RoboHelp
13 2 (0.030%) Mathematica
13 2 (0.030%) LaTeX
14 1 (0.015%) Casewise Modeler
14 1 (0.015%) PowerPivot
14 1 (0.015%) InfoPath
Business Applications
1 53 (0.79%) Dynamics CRM
2 25 (0.37%) Summit
3 18 (0.27%) ION MarketView
4 17 (0.25%) RMDS
4 17 (0.25%) Markit EDM
5 13 (0.19%) SAP CO
5 13 (0.19%) SAP FI
5 13 (0.19%) SAP FI/CO
5 13 (0.19%) Oracle General Ledger
6 12 (0.18%) Remedy ITSM
7 11 (0.16%) Temenos T24
7 11 (0.16%) Loan IQ
7 11 (0.16%) ACBS
8 10 (0.15%) Oracle BPM
8 10 (0.15%) Oracle EBS
9 8 (0.12%) IntelliMatch
10 7 (0.10%) Eagle PACE
10 7 (0.10%) Hyperion Planning
10 7 (0.10%) Oracle Financials
10 7 (0.10%) Adaptiv
Cloud Services
1 28 (0.42%) SaaS
2 15 (0.22%) PaaS
3 13 (0.19%) Amazon AWS
4 12 (0.18%) Adobe Analytics
5 8 (0.12%) Microsoft Azure
6 7 (0.10%) Office 365
6 7 (0.10%) IaaS
7 4 (0.060%) IBM Blueworks
7 4 (0.060%) Taleo
7 4 (0.060%) Cloud Computing
8 2 (0.030%) Google Analytics
8 2 (0.030%) GitHub
9 1 (0.015%) CloudFront
9 1 (0.015%) Amazon ElastiCache
9 1 (0.015%) AWS CloudFormation
9 1 (0.015%) Amazon CloudWatch
9 1 (0.015%) Force.com
9 1 (0.015%) Amazon EC2
9 1 (0.015%) Amazon S3
9 1 (0.015%) Amazon ELB
Communications & Networking
1 133 (1.98%) Firewall
2 108 (1.61%) Internet
3 91 (1.35%) TCP/IP
4 71 (1.06%) SAN
5 70 (1.04%) DNS
6 57 (0.85%) LAN
7 51 (0.76%) VPN
8 49 (0.73%) Multicast
9 41 (0.61%) WAN
9 41 (0.61%) Network Security
10 35 (0.52%) HTTP
11 34 (0.51%) BGP
12 33 (0.49%) NAS
12 33 (0.49%) Intranet
12 33 (0.49%) DHCP
13 31 (0.46%) LDAP
14 27 (0.40%) Cisco Nexus
15 24 (0.36%) OSPF
16 21 (0.31%) MPLS
16 21 (0.31%) SSL
Database & Business Intelligence
1 582 (8.66%) SQL Server
2 308 (4.58%) Data Warehouse
3 259 (3.85%) Relational Database
4 177 (2.63%) SQL Server Integration Services
5 174 (2.59%) Oracle Database
6 145 (2.16%) Big Data
7 119 (1.77%) Hadoop
8 116 (1.73%) SQL Server Reporting Services
9 112 (1.67%) SQL Server 2008
10 110 (1.64%) QlikView
11 98 (1.46%) RDBMS
12 81 (1.21%) Oracle Database 11g
13 75 (1.12%) MS Access
14 69 (1.03%) Data Mining
15 66 (0.98%) DB2
16 64 (0.95%) SQL Server Analysis Services
17 59 (0.88%) SQL Server 2012
18 55 (0.82%) SQL Server 2005
19 53 (0.79%) NoSQL
20 40 (0.60%) DataStage
Development Applications
1 172 (2.56%) JIRA
2 130 (1.93%) Subversion
3 113 (1.68%) Maven
4 99 (1.47%) TeamCity
5 98 (1.46%) Git (software)
6 59 (0.88%) Jenkins
7 49 (0.73%) Selenium
8 47 (0.70%) Visual Studio
9 46 (0.68%) JUnit
10 43 (0.64%) Grunt
11 38 (0.57%) NUnit
11 38 (0.57%) jMock
12 36 (0.54%) Ant
13 29 (0.43%) HP UFT
13 29 (0.43%) Cucumber
14 26 (0.39%) Bower
15 25 (0.37%) Team Foundation Server
16 24 (0.36%) Eclipse
16 24 (0.36%) ERwin
17 21 (0.31%) SpecFlow
General
1 3468 (51.60%) Finance
2 2727 (40.57%) Investment Banking
3 833 (12.39%) Front Office
4 588 (8.75%) Retail
5 380 (5.65%) Retail Banking
6 232 (3.45%) Back Office
7 217 (3.23%) Legal
8 168 (2.50%) Financial Institution
9 115 (1.71%) Telecoms
10 90 (1.34%) Corporate Banking
11 83 (1.23%) Law
12 58 (0.86%) Marketing
13 49 (0.73%) General Ledger
14 45 (0.67%) Advertising
14 45 (0.67%) Private Banking
15 31 (0.46%) Wholesale Banking
16 21 (0.31%) French Language
17 19 (0.28%) International Banking
17 19 (0.28%) Pharmaceutical
18 18 (0.27%) Billing
Job Titles
1 1856 (27.61%) Analyst
2 1776 (26.42%) Developer
3 1076 (16.01%) Business Analyst
4 784 (11.66%) Project Manager
5 424 (6.31%) Java Developer
6 362 (5.39%) Architect
7 317 (4.72%) Banking Business Analyst
8 293 (4.36%) C# Developer
9 229 (3.41%) Senior Developer
10 209 (3.11%) Consultant
11 191 (2.84%) Data Analyst
12 167 (2.48%) SQL Developer
13 151 (2.25%) Senior Analyst
14 146 (2.17%) .NET Developer
15 144 (2.14%) C++ Developer
15 144 (2.14%) Test Analyst
16 138 (2.05%) Test Manager
17 132 (1.96%) Support Analyst
18 128 (1.90%) Senior Manager
18 128 (1.90%) Programme Manager
Libraries, Frameworks & Software Standards
1 599 (8.91%) .NET
2 448 (6.67%) HTML
3 277 (4.12%) HTML5
4 258 (3.84%) XML
5 213 (3.17%) AngularJS
6 193 (2.87%) CSS
7 182 (2.71%) WPF
8 168 (2.50%) Web Services
9 157 (2.34%) Spring
10 155 (2.31%) ASP.NET
11 154 (2.29%) FIX Protocol
12 128 (1.90%) WCF
13 123 (1.83%) Middleware
14 114 (1.70%) Hibernate
15 100 (1.49%) jQuery
16 97 (1.44%) .NET Framework
17 96 (1.43%) RESTful
18 92 (1.37%) JMS
19 81 (1.21%) J2EE
20 76 (1.13%) SOAP
Miscellaneous
1 581 (8.64%) Analytical Skills
2 508 (7.56%) Derivative
3 413 (6.14%) Foreign Exchange (FX)
4 371 (5.52%) Fixed Income
5 287 (4.27%) Equities
6 240 (3.57%) Credit Risk
7 203 (3.02%) Market Risk
8 155 (2.31%) User Experience
9 141 (2.10%) Data Centre
10 140 (2.08%) Computer Science
11 134 (1.99%) Equity Derivative
12 117 (1.74%) SWIFT
13 112 (1.67%) Management Information System
14 75 (1.12%) Visualisation
14 75 (1.12%) Reference Data
15 72 (1.07%) Mathematics
16 64 (0.95%) Blackberry
17 60 (0.89%) Data Structures
18 55 (0.82%) Online Banking
19 49 (0.73%) Algorithms
Operating Systems
1 648 (9.64%) UNIX
2 565 (8.41%) Linux
3 491 (7.31%) Windows
4 131 (1.95%) Solaris
5 86 (1.28%) Windows Server 2008
6 74 (1.10%) Red Hat Enterprise Linux
7 72 (1.07%) Windows 7
8 63 (0.94%) Windows Server 2003
9 49 (0.73%) Android
10 43 (0.64%) Windows XP
11 38 (0.57%) Apple iOS
12 37 (0.55%) AIX
13 33 (0.49%) Windows Server 2012
14 11 (0.16%) zOS
15 8 (0.12%) SUSE
16 7 (0.10%) Windows 8
17 5 (0.074%) SUSE Linux Enterprise Server
17 5 (0.074%) Data ONTAP
17 5 (0.074%) Oracle Linux
17 5 (0.074%) Windows 2000
Processes & Methodologies
1 1156 (17.20%) Agile Software Development
2 784 (11.66%) Stakeholder Management
3 720 (10.71%) Project Management
4 508 (7.56%) Business Analysis
5 365 (5.43%) SDLC
6 355 (5.28%) Risk Management
7 351 (5.22%) User Acceptance Testing
8 344 (5.12%) TDD
9 334 (4.97%) Migration
10 333 (4.95%) Data Modelling
11 294 (4.37%) Multithreading
12 290 (4.31%) Analytics
13 285 (4.24%) Scrum
14 277 (4.12%) OO
15 258 (3.84%) ETL
16 255 (3.79%) Data Analysis
17 247 (3.68%) ITIL
18 231 (3.44%) Business Intelligence
19 228 (3.39%) Change Management
20 209 (3.11%) PRINCE2
Programming Languages
1 1489 (22.15%) SQL
2 970 (14.43%) Java
3 747 (11.11%) C#
4 487 (7.25%) JavaScript
5 359 (5.34%) C++
6 335 (4.98%) Python
7 233 (3.47%) Perl
8 215 (3.20%) VBA
9 162 (2.41%) PL/SQL
10 141 (2.10%) Shell Script
11 131 (1.95%) T-SQL
12 102 (1.52%) Scala
13 100 (1.49%) C
14 72 (1.07%) PowerShell
15 56 (0.83%) VB
16 43 (0.64%) VB.NET
17 41 (0.61%) Bash Shell
18 40 (0.60%) Korn
19 37 (0.55%) R
20 23 (0.34%) COBOL
Qualifications
1 417 (6.20%) Degree
2 89 (1.32%) ISEB
3 74 (1.10%) PMI Certification
4 65 (0.97%) Cisco Certification
5 57 (0.85%) PMP
5 57 (0.85%) ISTQB
6 48 (0.71%) CISSP
7 39 (0.58%) CCNP
8 35 (0.52%) Microsoft Certification
8 35 (0.52%) CISA
9 34 (0.51%) PRINCE2 Certification
10 25 (0.37%) ITIL Certification
11 24 (0.36%) CISM
12 23 (0.34%) CCNA
13 19 (0.28%) CCIE
13 19 (0.28%) Security Cleared
14 17 (0.25%) ISTQB Foundation Certification
15 15 (0.22%) MCSE
15 15 (0.22%) CCA
15 15 (0.22%) MBA
Quality Assurance & Compliance
1 229 (3.41%) QA
2 113 (1.68%) EMIR
3 102 (1.52%) Dodd-Frank
4 68 (1.01%) MiFID
4 68 (1.01%) FATCA
5 56 (0.83%) Data Quality
6 49 (0.73%) Basel III
7 33 (0.49%) SLA
8 27 (0.40%) Sarbanes-Oxley
9 21 (0.31%) ISO/IEC 27001
10 19 (0.28%) COBIT
10 19 (0.28%) Basel II
10 19 (0.28%) COREP
11 13 (0.19%) CRD IV
11 13 (0.19%) ISO 9001
12 8 (0.12%) PCI DSS
13 6 (0.089%) HIPAA
14 5 (0.074%) Solvency II
14 5 (0.074%) ISO 9000
15 4 (0.060%) AIFMD
System Software
1 152 (2.26%) Active Directory
2 82 (1.22%) VMware Infrastructure
3 42 (0.62%) XenApp
4 27 (0.40%) vSphere
4 27 (0.40%) Oracle RAC
5 21 (0.31%) Microsoft App-V
6 20 (0.30%) VMware ESX
6 20 (0.30%) XenDesktop
7 18 (0.27%) Veritas Cluster Server
8 17 (0.25%) NFS
9 15 (0.22%) HDFS
10 11 (0.16%) Hyper-V
11 10 (0.15%) Veritas Volume Manager
11 10 (0.15%) KVM
12 7 (0.10%) VMware ESXi
13 6 (0.089%) ProxySG
14 5 (0.074%) Snort
14 5 (0.074%) Apache Flume
14 5 (0.074%) SRDF
15 4 (0.060%) Xen
Systems Management
1 107 (1.59%) HP Quality Center
2 45 (0.67%) Control-M
3 36 (0.54%) SCCM
4 32 (0.48%) Puppet
5 30 (0.45%) Tivoli
6 29 (0.43%) ITRS Geneos
7 28 (0.42%) Opscode Chef
8 27 (0.40%) BladeLogic
9 24 (0.36%) CA Single Sign-On
10 20 (0.30%) NetBackup
10 20 (0.30%) SCOM
11 14 (0.21%) Symantec Enterprise Vault
12 13 (0.19%) Data Guard
13 12 (0.18%) Oracle RMAN
14 9 (0.13%) HP Operations Orchestration
14 9 (0.13%) EMC VPLEX
15 7 (0.10%) Hadoop YARN
15 7 (0.10%) HP SIM
15 7 (0.10%) Nagios
15 7 (0.10%) BMC PATROL
Vendors
1 767 (11.41%) Oracle
2 515 (7.66%) Microsoft
3 201 (2.99%) Sybase
4 193 (2.87%) IBM
5 135 (2.01%) HP
6 126 (1.87%) Cisco
7 120 (1.79%) Citrix
7 120 (1.79%) VMware
8 104 (1.55%) Informatica
9 103 (1.53%) TIBCO
10 85 (1.26%) SAP
11 80 (1.19%) Business Objects
12 73 (1.09%) Bloomberg
13 72 (1.07%) Red Hat
14 56 (0.83%) Reuters
14 56 (0.83%) ServiceNow
15 54 (0.80%) Tableau
16 51 (0.76%) EMC
17 49 (0.73%) Cognos
18 46 (0.68%) F5
London
Hays Finance Technology
Rate: £600.00 - £650.00 per annum
Posted: 7 hours ago
City, London
Aston Carter
Rate: £450 - £500 per day
Posted: 8 hours ago
London
E-synergy Solutions
Rate: £500 - £575 per annum
Posted: 8 hours ago
City, London
Hydrogen Group
Rate: £10.00 - £423.00 per day
Posted: 8 hours ago
London
Joseph Harry Ltd
Posted: 8 hours ago
City, London
Salt
Rate: £300 - £325 per day
Posted: 9 hours ago
London
Comtecs
Rate: £300 - £350 Per Day
Posted: 9 hours ago
Uxbridge, Middlesex
Lorien Resourcing
Posted: 9 hours ago
London
Hays Finance Technology
Rate: £500.00 - £550.00 per day
Posted: 11 hours ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 11 hours ago
City, London
The People Network
Rate: £400 - £500 per day
Posted: 11 hours ago
London
Canary Wharf and City
Rate: Up to £600 per day
Posted: 12 hours ago
City, London
Lorien Resourcing
Posted: 13 hours ago
City, London
TEKsystems
Rate: £400 - £401 per day
Posted: 14 hours ago
London
Circle Recruitment
Rate: £300 - £350 per day
Posted: 14 hours ago
City, London
Hays Finance Technology
Rate: £500.00 - £550.00 per day
Posted: 14 hours ago
London
Aston Carter
Rate: £400 - £500 per day
Posted: 15 hours ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 15 hours ago
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: 15 hours ago
London
Harrington Starr
Rate: £400 - £500 per day
Posted: 15 hours ago