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 1 September 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
1 Sep 2015
Same period 2014 Same period 2013
Banking
Rank 5 6 3
Rank change year-on-year
+1 -3
Contract jobs citing Banking 3768 3373 5062
As % of all contract IT jobs located in London 15.64% 13.86% 20.24%
As % of the General category 33.29% 30.90% 39.90%
Number of daily rates quoted 2751 2481 3725
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £500
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £350 £330 £335
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 16 9 44
Average hourly rate £27.25 £19.00 £21.25
Average hourly rate % change year-on-year
+43.42% -10.58%
90% offered a hourly rate of more than £13.88 £14.80 £12.80
10% offered a hourly rate of more than £100.00 £22.10 £40.00
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%
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
11319 10916 12688
As % of all contract IT jobs located in London 46.99% 44.86% 50.72%
Number of daily rates quoted 8082 7583 8959
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 £650 £638 £650
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 124 155 171
Average hourly rate £22.00 £19.00 £22.00
Average hourly rate % change year-on-year
+15.78% -13.63%
90% offered a hourly rate of more than £12.00 £12.00 £13.50
10% offered a hourly rate of more than £56.09 £37.50 £48.00
UK excluding London average hourly rate £27.50 £22.50 £22.50
% change year-on-year
+22.22% -

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 1 September 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 1 September 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 1 September 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 1123 £525 +5.00% 220
Docklands, London -1 41 £553 +0.45% 5
Canary Wharf +3 34 £525 +5.00%
Bromley - 7 £600 - 1
Uxbridge - 6 £438 -
Wimbledon - 4 £480 -
Brentford - 2 £495 -
Croydon -21 1 £450 -
Hayes - 1 - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 1 September 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 3781 (53.88%) Finance
2 2762 (39.36%) Investment Banking
3 1493 (21.27%) SQL
4 1272 (18.12%) Agile Software Development
5 1012 (14.42%) Java
6 863 (12.30%) Stakeholder Management
7 853 (12.15%) Front Office
8 805 (11.47%) Oracle
9 793 (11.30%) C#
10 788 (11.23%) Project Management
11 634 (9.03%) SQL Server
12 630 (8.98%) .NET
13 626 (8.92%) UNIX
14 620 (8.83%) Analytical Skills
15 614 (8.75%) Retail
16 611 (8.71%) Linux
17 566 (8.06%) Microsoft
18 553 (7.88%) Business Analysis
19 539 (7.68%) Derivative
20 535 (7.62%) Windows
21 483 (6.88%) JavaScript
22 464 (6.61%) HTML
23 460 (6.55%) MS Excel
24 403 (5.74%) Foreign Exchange (FX)
25 401 (5.71%) Risk Management
26 388 (5.53%) SDLC
27 385 (5.49%) Migration
28 383 (5.46%) Retail Banking
29 379 (5.40%) Degree
30 372 (5.30%) TDD

Banking
Top Related IT Skills in London by Category

For the 6 months to 1 September 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
1 165 (2.35%) SharePoint
2 96 (1.37%) Oracle Coherence
3 91 (1.30%) WebSphere
4 86 (1.23%) Apache Spark
5 82 (1.17%) SAS
6 69 (0.98%) IIS
7 60 (0.85%) Tomcat
8 52 (0.74%) Apache
9 43 (0.61%) MS Exchange
10 42 (0.60%) WebLogic
11 37 (0.53%) Lync
11 37 (0.53%) Node.js
12 36 (0.51%) MQSeries
13 35 (0.50%) JBoss
14 28 (0.40%) CMS
15 27 (0.38%) Blackberry Enterprise Server
16 22 (0.31%) WebSphere Application Server
16 22 (0.31%) Confluence
17 21 (0.30%) Adobe Experience Manager
18 18 (0.26%) Oracle Workflow
Applications
1 460 (6.55%) MS Excel
2 278 (3.96%) MS Office
3 178 (2.54%) MS PowerPoint
4 165 (2.35%) MS Visio
5 116 (1.65%) MS Project
6 46 (0.66%) Spreadsheet
7 21 (0.30%) Photoshop
8 13 (0.19%) Open Workbench
9 10 (0.14%) Adobe Creative Suite
10 9 (0.13%) Adobe Captivate
10 9 (0.13%) Adobe Illustrator
11 3 (0.043%) Acrobat
12 2 (0.028%) RoboHelp
12 2 (0.028%) Mathematica
12 2 (0.028%) SPSS
12 2 (0.028%) Maple
12 2 (0.028%) OmniGraffle
12 2 (0.028%) LaTeX
13 1 (0.014%) Casewise Modeler
Business Applications
1 58 (0.83%) Dynamics CRM
2 29 (0.41%) Summit
3 22 (0.31%) Oracle General Ledger
4 20 (0.28%) Oracle EBS
5 19 (0.27%) Oracle BPM
6 14 (0.20%) RMDS
7 13 (0.19%) Oracle Financials
7 13 (0.19%) SAP FI
8 12 (0.17%) Markit EDM
8 12 (0.17%) ACBS
9 11 (0.16%) ION MarketView
9 11 (0.16%) Loan IQ
9 11 (0.16%) Temenos T24
10 10 (0.14%) Remedy ITSM
10 10 (0.14%) SAP CO
10 10 (0.14%) SAP FI/CO
11 9 (0.13%) Adaptiv
12 8 (0.11%) Oracle Applications
12 8 (0.11%) Oracle Payables
12 8 (0.11%) Oracle Assets
Cloud Services
1 21 (0.30%) PaaS
2 18 (0.26%) Microsoft Azure
3 17 (0.24%) Amazon AWS
3 17 (0.24%) SaaS
3 17 (0.24%) Office 365
4 12 (0.17%) Cloud Computing
5 8 (0.11%) IaaS
6 7 (0.100%) Azure Active Directory
6 7 (0.100%) Adobe Analytics
7 5 (0.071%) IBM Blueworks
8 4 (0.057%) Taleo
9 3 (0.043%) SuccessFactors
10 1 (0.014%) Mimecast
10 1 (0.014%) Google Analytics
10 1 (0.014%) Force.com
10 1 (0.014%) Amazon EC2
Communications & Networking
1 126 (1.80%) Firewall
2 106 (1.51%) Internet
3 104 (1.48%) TCP/IP
4 83 (1.18%) SAN
5 79 (1.13%) DNS
6 64 (0.91%) LAN
7 54 (0.77%) WAN
8 50 (0.71%) Multicast
9 44 (0.63%) VPN
10 41 (0.58%) LDAP
11 40 (0.57%) BGP
12 39 (0.56%) Network Security
13 36 (0.51%) HTTP
14 35 (0.50%) NAS
15 34 (0.48%) OSPF
16 33 (0.47%) DHCP
17 26 (0.37%) MPLS
18 25 (0.36%) Intranet
19 24 (0.34%) Cisco Nexus
20 23 (0.33%) VoIP
Database & Business Intelligence
1 634 (9.03%) SQL Server
2 299 (4.26%) Data Warehouse
3 242 (3.45%) Relational Database
4 200 (2.85%) Oracle Database
5 198 (2.82%) Big Data
6 179 (2.55%) Hadoop
7 176 (2.51%) SQL Server Integration Services
8 115 (1.64%) SQL Server 2008
9 111 (1.58%) QlikView
9 111 (1.58%) BusinessObjects
10 106 (1.51%) SQL Server Reporting Services
11 91 (1.30%) RDBMS
12 83 (1.18%) Oracle Database 11g
13 77 (1.10%) NoSQL
14 74 (1.05%) SQL Server Analysis Services
15 64 (0.91%) SQL Server 2012
16 63 (0.90%) MS Access
17 61 (0.87%) DB2
18 55 (0.78%) SQL Server 2005
19 47 (0.67%) Data Mining
Development Applications
1 177 (2.52%) JIRA
2 134 (1.91%) Subversion
3 128 (1.82%) Maven
4 123 (1.75%) Git (software)
5 94 (1.34%) TeamCity
6 82 (1.17%) Jenkins
7 56 (0.80%) Visual Studio
8 54 (0.77%) JUnit
9 49 (0.70%) Selenium
10 46 (0.66%) Ant
11 40 (0.57%) Grunt
12 39 (0.56%) Team Foundation Server
13 37 (0.53%) Cucumber
14 32 (0.46%) jMock
15 30 (0.43%) NUnit
16 26 (0.37%) Hudson
17 24 (0.34%) Mockito
18 23 (0.33%) Gradle
19 22 (0.31%) Bower
20 21 (0.30%) SpecFlow
General
1 3781 (53.88%) Finance
2 2762 (39.36%) Investment Banking
3 853 (12.15%) Front Office
4 614 (8.75%) Retail
5 383 (5.46%) Retail Banking
6 237 (3.38%) Back Office
7 227 (3.23%) Legal
8 192 (2.74%) Financial Institution
9 116 (1.65%) Corporate Banking
10 104 (1.48%) Telecoms
11 84 (1.20%) Law
12 75 (1.07%) Marketing
13 62 (0.88%) Advertising
14 60 (0.85%) Private Banking
15 51 (0.73%) General Ledger
16 30 (0.43%) Wholesale Banking
17 29 (0.41%) International Banking
18 24 (0.34%) Publishing
19 23 (0.33%) Pharmaceutical
20 20 (0.28%) Billing
Job Titles
1 1856 (26.45%) Developer
2 1830 (26.08%) Analyst
3 1102 (15.70%) Business Analyst
4 827 (11.78%) Project Manager
5 429 (6.11%) Java Developer
6 365 (5.20%) Architect
7 363 (5.17%) Banking Business Analyst
8 300 (4.27%) C# Developer
9 257 (3.66%) Consultant
10 252 (3.59%) Senior Developer
11 189 (2.69%) Data Analyst
12 173 (2.47%) Senior Analyst
13 171 (2.44%) SQL Developer
14 166 (2.37%) .NET Developer
15 159 (2.27%) Test Manager
16 157 (2.24%) C++ Developer
17 134 (1.91%) Administrator
18 129 (1.84%) Solutions Architect
19 127 (1.81%) Test Analyst
20 125 (1.78%) Programme Manager
Libraries, Frameworks & Software Standards
1 630 (8.98%) .NET
2 464 (6.61%) HTML
3 284 (4.05%) HTML5
4 279 (3.98%) XML
5 207 (2.95%) CSS
6 199 (2.84%) Web Services
7 196 (2.79%) AngularJS
8 187 (2.66%) ASP.NET
9 185 (2.64%) WPF
10 174 (2.48%) Spring
11 143 (2.04%) FIX Protocol
12 135 (1.92%) WCF
13 134 (1.91%) Middleware
14 117 (1.67%) jQuery
15 112 (1.60%) JMS
16 104 (1.48%) RESTful
17 99 (1.41%) REST
18 98 (1.40%) .NET Framework
19 95 (1.35%) Hibernate
20 93 (1.33%) SOAP
Miscellaneous
1 620 (8.83%) Analytical Skills
2 539 (7.68%) Derivative
3 403 (5.74%) Foreign Exchange (FX)
4 342 (4.87%) Fixed Income
5 295 (4.20%) Equities
6 286 (4.08%) Credit Risk
7 222 (3.16%) Market Risk
8 182 (2.59%) Data Centre
9 153 (2.18%) User Experience
10 152 (2.17%) Equity Derivative
11 124 (1.77%) Management Information System
12 119 (1.70%) Computer Science
13 111 (1.58%) SWIFT
14 84 (1.20%) Mathematics
15 83 (1.18%) Reference Data
16 74 (1.05%) Visualisation
17 69 (0.98%) Online Banking
17 69 (0.98%) Interest Rate Derivative
18 66 (0.94%) Data Structures
19 61 (0.87%) Blackberry
Operating Systems
1 626 (8.92%) UNIX
2 611 (8.71%) Linux
3 535 (7.62%) Windows
4 147 (2.09%) Solaris
5 88 (1.25%) Red Hat Enterprise Linux
6 72 (1.03%) Windows 7
7 67 (0.95%) Windows Server 2008
8 50 (0.71%) Windows Server 2003
9 49 (0.70%) Android
10 42 (0.60%) Apple iOS
11 35 (0.50%) AIX
12 27 (0.38%) Windows XP
13 26 (0.37%) Windows Server 2012
14 14 (0.20%) SUSE
15 10 (0.14%) zOS
16 7 (0.100%) Windows 8
17 5 (0.071%) SUSE Linux Enterprise Server
17 5 (0.071%) Data ONTAP
18 3 (0.043%) Oracle Linux
18 3 (0.043%) Mac OS X
Processes & Methodologies
1 1272 (18.12%) Agile Software Development
2 863 (12.30%) Stakeholder Management
3 788 (11.23%) Project Management
4 553 (7.88%) Business Analysis
5 401 (5.71%) Risk Management
6 388 (5.53%) SDLC
7 385 (5.49%) Migration
8 372 (5.30%) TDD
9 365 (5.20%) User Acceptance Testing
10 334 (4.76%) Scrum
11 325 (4.63%) Data Modelling
12 306 (4.36%) Multithreading
13 288 (4.10%) Change Management
14 287 (4.09%) Analytics
15 274 (3.90%) OO
16 265 (3.78%) ETL
17 260 (3.70%) Data Analysis
18 240 (3.42%) ITIL
19 235 (3.35%) Business Intelligence
20 234 (3.33%) PRINCE2
Programming Languages
1 1493 (21.27%) SQL
2 1012 (14.42%) Java
3 793 (11.30%) C#
4 483 (6.88%) JavaScript
5 359 (5.12%) C++
6 304 (4.33%) Python
7 233 (3.32%) Perl
8 200 (2.85%) VBA
9 184 (2.62%) PL/SQL
10 182 (2.59%) Scala
11 159 (2.27%) Shell Script
12 156 (2.22%) T-SQL
13 113 (1.61%) PowerShell
14 89 (1.27%) C
15 63 (0.90%) VB
16 58 (0.83%) Bash Shell
17 43 (0.61%) Korn
18 41 (0.58%) VB.NET
19 40 (0.57%) R
20 31 (0.44%) VBScript
Qualifications
1 379 (5.40%) Degree
2 89 (1.27%) ISEB
3 84 (1.20%) PMI Certification
4 63 (0.90%) Cisco Certification
5 62 (0.88%) PMP
5 62 (0.88%) CISSP
6 43 (0.61%) CISA
7 41 (0.58%) PRINCE2 Certification
7 41 (0.58%) ISTQB
8 39 (0.56%) CCNP
9 38 (0.54%) CISM
10 31 (0.44%) Microsoft Certification
11 24 (0.34%) ITIL Certification
12 20 (0.28%) Security Cleared
13 17 (0.24%) CCNA
14 16 (0.23%) CCIE
15 15 (0.21%) PhD
15 15 (0.21%) MBA
16 14 (0.20%) CCA
16 14 (0.20%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 260 (3.70%) QA
2 131 (1.87%) EMIR
3 115 (1.64%) Dodd-Frank
4 106 (1.51%) MiFID
5 60 (0.85%) Basel III
6 59 (0.84%) Data Quality
7 44 (0.63%) FATCA
8 33 (0.47%) SLA
9 23 (0.33%) ISO/IEC 27001
10 21 (0.30%) COBIT
10 21 (0.30%) CRD IV
10 21 (0.30%) COREP
11 20 (0.28%) Sarbanes-Oxley
12 16 (0.23%) Basel II
13 10 (0.14%) PCI DSS
14 7 (0.100%) AIFMD
15 6 (0.085%) HIPAA
16 5 (0.071%) Solvency II
16 5 (0.071%) ISO 9000
17 3 (0.043%) ISO 9001
System Software
1 161 (2.29%) Active Directory
2 84 (1.20%) VMware Infrastructure
3 42 (0.60%) XenApp
4 34 (0.48%) HDFS
5 22 (0.31%) NFS
6 21 (0.30%) Oracle RAC
7 19 (0.27%) Veritas Cluster Server
7 19 (0.27%) vSphere
8 18 (0.26%) VMware ESX
9 16 (0.23%) XenDesktop
10 15 (0.21%) Veritas Volume Manager
11 14 (0.20%) Hyper-V
11 14 (0.20%) Microsoft App-V
12 13 (0.19%) KVM
13 10 (0.14%) VMware ESXi
14 8 (0.11%) Docker
15 6 (0.085%) Apache Flume
16 5 (0.071%) SRDF
16 5 (0.071%) Samba
16 5 (0.071%) Apache ZooKeeper
Systems Management
1 104 (1.48%) HP Quality Center
2 55 (0.78%) Puppet
3 49 (0.70%) Control-M
4 36 (0.51%) Tivoli
4 36 (0.51%) SCCM
5 35 (0.50%) Opscode Chef
6 30 (0.43%) BladeLogic
7 28 (0.40%) ITRS Geneos
8 27 (0.38%) SCOM
9 25 (0.36%) NetBackup
10 19 (0.27%) CA Single Sign-On
11 14 (0.20%) Nagios
11 14 (0.20%) Symantec Enterprise Vault
12 13 (0.19%) Oozie
13 12 (0.17%) Oracle RMAN
13 12 (0.17%) Data Guard
14 9 (0.13%) BMC PATROL
14 9 (0.13%) EMC VPLEX
15 8 (0.11%) Oracle ZFS
15 8 (0.11%) Cisco CUCM
Vendors
1 805 (11.47%) Oracle
2 566 (8.06%) Microsoft
3 224 (3.19%) Sybase
4 200 (2.85%) IBM
5 148 (2.11%) HP
6 130 (1.85%) Cisco
7 124 (1.77%) VMware
8 118 (1.68%) Citrix
9 108 (1.54%) Informatica
10 103 (1.47%) Red Hat
11 102 (1.45%) TIBCO
12 98 (1.40%) SAP
13 69 (0.98%) Bloomberg
14 62 (0.88%) Murex
14 62 (0.88%) EMC
15 55 (0.78%) ServiceNow
16 53 (0.76%) Adobe
17 47 (0.67%) Reuters
18 45 (0.64%) Symantec
18 45 (0.64%) Tableau
City, London
Lorien Resourcing
Rate: Market Rate
Posted: 10 hours ago
London
Lorien Resourcing
Rate: Market Rate
Posted: 10 hours ago
City, London
TEKsystems
Rate: £550 - £625 per annum
Posted: 11 hours ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 11 hours ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per annum
Posted: 12 hours ago
London
Hydrogen Group
Rate: £450.00 - £700.00 per day
Posted: 12 hours ago
London
Hays Finance Technology
Rate: £350.00 - £420.00 per day
Posted: 12 hours ago
City, London
TEKsystems
Rate: £550 - £700 per day
Posted: 12 hours ago
London
Montash
Rate: £450 - £550 per day + Negotiable
Posted: 13 hours ago
London
Hays Finance Technology
Rate: £450.00 - £600.00 per day
Posted: 13 hours ago
London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 13 hours ago
London
Hays Finance Technology
Rate: £550.00 - £650.00 per day
Posted: 14 hours ago
London
Reed Technology
Rate: £400 - £500 per day
Posted: 15 hours ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 16 hours ago
London
Cathcart Associates Ltd
Rate: £350 - £400 per day
Posted: 17 hours ago
London
Hydrogen Group
Rate: £650.00 - £700.00 per day
Posted: 18 hours ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 18 hours ago
London
Cititec
Rate: £600 - 650 per day
Posted: 19 hours ago
London
Harvey Nash plc
Rate: £750 - £900 per day
Posted: 19 hours ago
City, London
Lorien Resourcing
Posted: 19 hours ago