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 21 August 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 Aug 2014
Same period 2013 Same period 2012
Banking
Rank 5 3 4
Rank change year-on-year
-2 +1
Contract jobs citing Banking 3350 5056 5347
As % of all contract IT jobs located in London 13.83% 20.41% 20.43%
As % of the General category 30.80% 40.16% 39.41%
Number of daily rates quoted 2466 3712 3907
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £501 £500
Average daily rate % change year-on-year
-0.09% +0.10%
90% offered a daily rate of more than £325 £338 £325
10% offered a daily rate of more than £650 £650 £638
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 8 41 23
Average hourly rate £20.25 £22.00 £25.00
Average hourly rate % change year-on-year
-7.95% -12.00%
90% offered a hourly rate of more than £17.40 £13.50 £16.70
10% offered a hourly rate of more than £67.90 £40.00 £139.50
UK excluding London average hourly rate £17.25 £22.50 £19.50
% change year-on-year
-23.33% +15.38%
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
10875 12591 13566
As % of all contract IT jobs located in London 44.89% 50.83% 51.84%
Number of daily rates quoted 7547 8897 9273
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £640 £650 £625
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 151 170 230
Average hourly rate £19.00 £22.00 £22.00
Average hourly rate % change year-on-year
-13.63% -
90% offered a hourly rate of more than £12.50 £14.00 £14.00
10% offered a hourly rate of more than £37.50 £48.00 £50.00
UK excluding London average hourly rate £22.50 £22.50 £27.50
% change year-on-year
- -18.18%

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 21 August 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 21 August 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 21 August 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 1122 £500 - 417
Docklands, London +1 38 £550 +4.76% 1
Canary Wharf -1 15 £475 -20.83%
Croydon -3 1 - -
Dagenham - - - -
Feltham - - - -
Harrow - - - -
Hayes - - - -
Kingston Upon Thames - - - - 2
Surbiton - - - -
Uxbridge - - - - 2
Paddington - - - -
Hammersmith - - - -
Wimbledon - - - -
Mayfair - - - -
Ealing - - - -
Westminster - - - - 1
Bromley - - - - 1
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 21 August 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 3186 (46.70%) Finance
2 3026 (44.35%) Investment Banking
3 1503 (22.03%) SQL
4 968 (14.19%) Java
5 947 (13.88%) Front Office
6 935 (13.70%) Oracle
7 765 (11.21%) Project Management
8 730 (10.70%) Windows
9 714 (10.46%) C#
10 653 (9.57%) UNIX
11 630 (9.23%) Linux
12 623 (9.13%) Stakeholder Management
13 606 (8.88%) SQL Server
14 576 (8.44%) Microsoft
15 554 (8.12%) Retail
16 504 (7.39%) .NET
17 491 (7.20%) Foreign Exchange (FX)
18 487 (7.14%) Business Analysis
19 473 (6.93%) Agile Software Development
20 466 (6.83%) Derivative
21 433 (6.35%) Degree
22 396 (5.80%) Fixed Income
23 387 (5.67%) Retail Banking
24 373 (5.47%) MS Excel
25 357 (5.23%) Risk Management
26 349 (5.12%) HTML
27 341 (5.00%) User Acceptance Testing
28 337 (4.94%) JavaScript
29 330 (4.84%) TDD
30 325 (4.76%) Multithreading

Banking
Top Related IT Skills in London by Category

For the 6 months to 21 August 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
1 165 (2.42%) SharePoint
2 120 (1.76%) WebSphere
3 95 (1.39%) WebLogic
4 79 (1.16%) Tomcat
5 75 (1.10%) SAS
6 71 (1.04%) Apache
7 70 (1.03%) Oracle Coherence
8 67 (0.98%) CMS
9 57 (0.84%) Lync
10 55 (0.81%) MS Exchange
11 53 (0.78%) IIS
12 52 (0.76%) IBM Notes
13 35 (0.51%) Exchange Server 2010
13 35 (0.51%) SharePoint 2010
14 34 (0.50%) BizTalk Server
15 31 (0.45%) FileNet
16 27 (0.40%) Oracle Workflow
16 27 (0.40%) TIBCO EMS
17 25 (0.37%) SharePoint 2013
18 21 (0.31%) Confluence
Applications
1 373 (5.47%) MS Excel
2 255 (3.74%) MS Office
3 196 (2.87%) MS PowerPoint
4 126 (1.85%) MS Project
5 116 (1.70%) MS Visio
6 43 (0.63%) Photoshop
7 33 (0.48%) Spreadsheet
8 32 (0.47%) Adobe Illustrator
9 11 (0.16%) OmniGraffle
9 11 (0.16%) Adobe Captivate
10 9 (0.13%) RoboHelp
11 5 (0.073%) Open Workbench
12 3 (0.044%) InDesign
13 2 (0.029%) Fireworks
13 2 (0.029%) Stata
13 2 (0.029%) InfoPath
14 1 (0.015%) Adobe After Effects
14 1 (0.015%) SPSS
Business Applications
1 51 (0.75%) RMDS
2 34 (0.50%) Cognos TM1
3 25 (0.37%) ION MarketView
3 25 (0.37%) Markit EDM
4 23 (0.34%) Temenos T24
5 20 (0.29%) Dynamics CRM
6 17 (0.25%) Oracle EBS
7 15 (0.22%) SAP FI
8 13 (0.19%) SAP Oil and Gas
8 13 (0.19%) Summit
8 13 (0.19%) Cognos Business Intelligence
8 13 (0.19%) Oracle BPM
9 11 (0.16%) Oracle EBS R12
9 11 (0.16%) IntelliMatch
10 10 (0.15%) SAP BPC
10 10 (0.15%) Oracle General Ledger
10 10 (0.15%) SunGard GMI
10 10 (0.15%) SAP CO
10 10 (0.15%) SAP FI/CO
11 9 (0.13%) Oracle Applications
Cloud Services
1 18 (0.26%) SaaS
2 13 (0.19%) Cloud Computing
3 8 (0.12%) Microsoft Azure
4 4 (0.059%) Office 365
4 4 (0.059%) GitHub
5 3 (0.044%) Force.com
5 3 (0.044%) Amazon EC2
6 2 (0.029%) PaaS
6 2 (0.029%) Responsys
7 1 (0.015%) Google Apps
7 1 (0.015%) Amazon AWS
7 1 (0.015%) Basecamp
7 1 (0.015%) IaaS
7 1 (0.015%) OpenShift
7 1 (0.015%) IBM Blueworks
Communications & Networking
1 158 (2.32%) Firewall
2 103 (1.51%) TCP/IP
2 103 (1.51%) Internet
3 86 (1.26%) SAN
4 85 (1.25%) DNS
5 75 (1.10%) WAN
6 64 (0.94%) LAN
7 61 (0.89%) Intranet
7 61 (0.89%) Network Security
8 46 (0.67%) Multicast
9 43 (0.63%) BGP
10 39 (0.57%) VPN
11 35 (0.51%) EIGRP
12 33 (0.48%) LDAP
13 31 (0.45%) HTTP
14 30 (0.44%) OSPF
14 30 (0.44%) VLAN
15 29 (0.43%) Cisco Nexus
16 28 (0.41%) NAS
16 28 (0.41%) DHCP
Database & Business Intelligence
1 606 (8.88%) SQL Server
2 261 (3.83%) Data Warehouse
3 243 (3.56%) Oracle Database
4 217 (3.18%) Relational Database
5 169 (2.48%) SQL Server Integration Services
6 145 (2.13%) SQL Server 2008
7 122 (1.79%) SQL Server Reporting Services
8 113 (1.66%) QlikView
9 100 (1.47%) Oracle Database 11g
10 88 (1.29%) RDBMS
11 82 (1.20%) Oracle Database 10g
11 82 (1.20%) SQL Server Analysis Services
12 77 (1.13%) Big Data
13 66 (0.97%) MongoDB
14 59 (0.86%) Data Mining
15 55 (0.81%) MS Access
16 50 (0.73%) Hadoop
17 48 (0.70%) SQL Server 2005
18 44 (0.64%) NoSQL
19 41 (0.60%) DB2
Development Applications
1 140 (2.05%) JIRA
2 127 (1.86%) Subversion
3 95 (1.39%) Maven
4 85 (1.25%) TeamCity
5 82 (1.20%) JUnit
6 60 (0.88%) Git (software)
7 57 (0.84%) Eclipse
8 52 (0.76%) Selenium
9 45 (0.66%) Visual Studio
10 37 (0.54%) QuickTest Pro
11 34 (0.50%) Ant
11 34 (0.50%) CruiseControl
11 34 (0.50%) Jenkins
12 28 (0.41%) NUnit
13 27 (0.40%) LoadRunner
14 26 (0.38%) Team Foundation Server
15 25 (0.37%) Axure RP
15 25 (0.37%) Toad
16 24 (0.35%) jMock
17 23 (0.34%) Hudson
General
1 3186 (46.70%) Finance
2 3026 (44.35%) Investment Banking
3 947 (13.88%) Front Office
4 554 (8.12%) Retail
5 387 (5.67%) Retail Banking
6 297 (4.35%) Back Office
7 226 (3.31%) Financial Institution
8 184 (2.70%) Legal
9 128 (1.88%) Telecoms
10 76 (1.11%) Corporate Banking
11 74 (1.08%) Marketing
12 70 (1.03%) Private Banking
13 56 (0.82%) Law
14 54 (0.79%) Advertising
15 47 (0.69%) French Language
16 39 (0.57%) International Banking
17 30 (0.44%) German Language
18 29 (0.43%) Publishing
19 22 (0.32%) General Ledger
20 21 (0.31%) Billing
Job Titles
1 1824 (26.73%) Analyst
2 1719 (25.19%) Developer
3 1039 (15.23%) Business Analyst
4 772 (11.31%) Project Manager
5 422 (6.18%) Java Developer
6 288 (4.22%) Banking Business Analyst
7 287 (4.21%) C# Developer
7 287 (4.21%) Architect
8 269 (3.94%) Consultant
9 188 (2.76%) Senior Developer
10 167 (2.45%) Data Analyst
11 160 (2.35%) Programme Manager
12 151 (2.21%) Support Analyst
13 145 (2.13%) .NET Developer
14 133 (1.95%) Investment Banking Business Analyst
15 130 (1.91%) Administrator
16 125 (1.83%) Test Analyst
17 122 (1.79%) Senior Manager
18 116 (1.70%) C++ Developer
19 113 (1.66%) SQL Developer
Libraries, Frameworks & Software Standards
1 504 (7.39%) .NET
2 349 (5.12%) HTML
3 235 (3.44%) XML
4 220 (3.22%) Spring
5 191 (2.80%) CSS
6 187 (2.74%) ASP.NET
7 186 (2.73%) WPF
8 178 (2.61%) Web Services
9 176 (2.58%) HTML5
10 156 (2.29%) Middleware
11 147 (2.15%) WCF
12 125 (1.83%) jQuery
13 120 (1.76%) J2EE
14 111 (1.63%) Hibernate
15 102 (1.49%) JMS
16 97 (1.42%) AngularJS
17 95 (1.39%) FIX Protocol
18 87 (1.28%) ASP.NET MVC
19 85 (1.25%) .NET Framework
20 74 (1.08%) XSLT
Miscellaneous
1 491 (7.20%) Foreign Exchange (FX)
2 466 (6.83%) Derivative
3 396 (5.80%) Fixed Income
4 313 (4.59%) Credit Risk
5 261 (3.83%) Equities
6 248 (3.63%) Market Risk
7 164 (2.40%) Computer Science
8 141 (2.07%) Management Information System
9 104 (1.52%) Credit Derivative
10 92 (1.35%) Mobile Banking
11 89 (1.30%) Reference Data
12 85 (1.25%) Hedge funds
13 83 (1.22%) Mathematics
14 75 (1.10%) SWIFT
14 75 (1.10%) Mobile App
15 68 (1.00%) Blackberry
16 64 (0.94%) Equity Derivative
16 64 (0.94%) Visualisation
17 62 (0.91%) PMI
18 52 (0.76%) Online Banking
Operating Systems
1 730 (10.70%) Windows
2 653 (9.57%) UNIX
3 630 (9.23%) Linux
4 176 (2.58%) Windows 7
5 161 (2.36%) Solaris
6 135 (1.98%) Red Hat Enterprise Linux
7 95 (1.39%) Windows Server 2008
8 83 (1.22%) Windows Server 2003
9 82 (1.20%) Windows XP
10 46 (0.67%) Apple iOS
11 38 (0.56%) Android
12 26 (0.38%) SUSE
13 25 (0.37%) AIX
14 16 (0.23%) zOS
14 16 (0.23%) Windows 8
14 16 (0.23%) Windows Server 2012
15 9 (0.13%) Windows 2000
16 5 (0.073%) Windows 2000 Server
16 5 (0.073%) Windows Mobile
16 5 (0.073%) Windows Vista
Processes & Methodologies
1 765 (11.21%) Project Management
2 623 (9.13%) Stakeholder Management
3 487 (7.14%) Business Analysis
4 473 (6.93%) Agile Software Development
5 357 (5.23%) Risk Management
6 341 (5.00%) User Acceptance Testing
7 330 (4.84%) TDD
8 325 (4.76%) Multithreading
9 309 (4.53%) ITIL
10 306 (4.48%) Change Management
11 297 (4.35%) Data Modelling
12 291 (4.26%) Migration
13 283 (4.15%) Analytics
14 271 (3.97%) Low Latency
15 269 (3.94%) OO
16 267 (3.91%) Data Analysis
17 250 (3.66%) Scrum
18 235 (3.44%) Business Intelligence
19 233 (3.41%) PRINCE2
20 215 (3.15%) ETL
Programming Languages
1 1503 (22.03%) SQL
2 968 (14.19%) Java
3 714 (10.46%) C#
4 337 (4.94%) JavaScript
5 313 (4.59%) C++
6 242 (3.55%) Python
7 223 (3.27%) Perl
8 182 (2.67%) VBA
9 180 (2.64%) PL/SQL
10 170 (2.49%) Shell Script
11 140 (2.05%) PowerShell
12 116 (1.70%) T-SQL
13 115 (1.69%) C
14 84 (1.23%) VB
15 59 (0.86%) VBScript
16 40 (0.59%) Bash Shell
17 35 (0.51%) Scala
18 33 (0.48%) XAML
19 27 (0.40%) VB.NET
20 24 (0.35%) Korn
Qualifications
1 433 (6.35%) Degree
2 103 (1.51%) PMI Certification
3 75 (1.10%) Cisco Certification
4 73 (1.07%) ISEB
5 63 (0.92%) CCNP
6 60 (0.88%) PMP
7 54 (0.79%) CISSP
8 51 (0.75%) ISTQB
9 47 (0.69%) Microsoft Certification
10 45 (0.66%) PRINCE2 Certification
11 31 (0.45%) ITIL Certification
12 29 (0.43%) CISA
13 28 (0.41%) CISM
14 24 (0.35%) Citrix Certification
15 22 (0.32%) CCIE
16 19 (0.28%) ISTQB Foundation Certification
17 17 (0.25%) MCSE
18 15 (0.22%) CCEA
18 15 (0.22%) CCSE
19 14 (0.21%) CCNA
Quality Assurance & Compliance
1 262 (3.84%) QA
2 109 (1.60%) EMIR
3 91 (1.33%) Dodd-Frank
4 67 (0.98%) Basel III
5 57 (0.84%) ISO 9001
6 47 (0.69%) Sarbanes-Oxley
7 43 (0.63%) SLA
8 42 (0.62%) Data Quality
9 40 (0.59%) FATCA
10 34 (0.50%) MiFID
11 13 (0.19%) Basel II
12 12 (0.18%) AIFMD
12 12 (0.18%) COREP
13 10 (0.15%) PCI DSS
13 10 (0.15%) ISO/IEC 27001
13 10 (0.15%) COBIT
14 9 (0.13%) CRD IV
15 8 (0.12%) UCITS
15 8 (0.12%) WAI
16 5 (0.073%) P3O
System Software
1 229 (3.36%) Active Directory
2 71 (1.04%) XenApp
3 69 (1.01%) VMware Infrastructure
4 48 (0.70%) Oracle RAC
5 36 (0.53%) Oracle RMAN
6 34 (0.50%) Microsoft App-V
7 28 (0.41%) VMware ESX
8 19 (0.28%) Veritas Cluster Server
9 18 (0.26%) XenDesktop
10 15 (0.22%) XenServer
11 14 (0.21%) Veritas Volume Manager
11 14 (0.21%) vSphere
11 14 (0.21%) ACF2
12 12 (0.18%) Apache Flume
13 11 (0.16%) Apache ZooKeeper
13 11 (0.16%) RACF
13 11 (0.16%) HDFS
14 7 (0.10%) NFS
15 6 (0.088%) Snort
15 6 (0.088%) Citrix Presentation Server
Systems Management
1 106 (1.55%) HP Quality Center
2 87 (1.28%) SCCM
3 64 (0.94%) Tivoli
4 59 (0.86%) Control-M
5 38 (0.56%) ITRS Geneos
6 30 (0.44%) Data Guard
7 29 (0.43%) Puppet
8 26 (0.38%) Tivoli Storage Manager
9 24 (0.35%) NetBackup
10 22 (0.32%) Cisco CUCM
11 21 (0.31%) BladeLogic
12 19 (0.28%) SCOM
13 18 (0.26%) Cisco UCCE
13 18 (0.26%) Cisco UCCX
14 17 (0.25%) BMC PATROL
15 12 (0.18%) Oracle Enterprise Manager
16 11 (0.16%) WMI
16 11 (0.16%) Oracle Identity Manager
16 11 (0.16%) Ambari
16 11 (0.16%) Oozie
Vendors
1 935 (13.70%) Oracle
2 576 (8.44%) Microsoft
3 268 (3.93%) Sybase
4 185 (2.71%) Citrix
5 159 (2.33%) Red Hat
6 158 (2.32%) Cisco
7 143 (2.10%) HP
8 137 (2.01%) IBM
9 114 (1.67%) VMware
10 104 (1.52%) Cognos
10 104 (1.52%) Bloomberg
11 95 (1.39%) Business Objects
12 90 (1.32%) Reuters
13 85 (1.25%) TIBCO
13 85 (1.25%) Informatica
14 84 (1.23%) CheckPoint
15 83 (1.22%) SAP
16 70 (1.03%) Juniper
17 66 (0.97%) Murex
18 63 (0.92%) Fidessa
London
Experis Ltd
Rate: Market Rates
Posted: 2 hours ago
London
Experis Ltd
Rate: £500 - £534 per day
Posted: 3 hours ago
London
Hydrogen Group
Rate: £0.00 - £400.00 per day
Posted: 4 hours ago
City, London
Austin Fraser
Rate: £0.00 per annum + Competitive Market Rates
Posted: 4 hours ago
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: 5 hours ago
London
TEKsystems
Posted: 5 hours ago
London
ComputAppoint
Rate: £550 - £650 per day
Posted: 5 hours ago
London
Roc Search
Posted: 5 hours ago
London
Networking People
Rate: £370 - £375 per day
Posted: 15 hours ago
London
Hydrogen Group
Rate: £500.00 - £600.00 per day
Posted: 19 hours ago
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 19 hours ago
London
Opus Recruitment Solutions Ltd
Rate: £1 to £10 per day
Posted: 19 hours ago
London
Harvey Nash plc
Rate: £500 - £600 per day
Posted: 21 hours ago
London
Harvey Nash plc
Rate: £500 - £550 per annum
Posted: 21 hours ago
London
Hydrogen Group
Rate: £500.00 - £600.00 per day
Posted: 21 hours ago
London
Aston Carter
Rate: Competitive
Posted: 21 hours ago
City, London
Aston Carter
Rate: £525 - £625 per day
Posted: 22 hours ago
City, London
TEKsystems
Rate: £400 - £450 per day
Posted: 22 hours ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 22 hours ago
London
Volt
Rate: £275.00 - £300.00 per hour
Posted: 23 hours ago