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 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 6 4 4
Rank change year-on-year
-2 0
Contract jobs citing Banking 3486 4985 5290
As % of all contract IT jobs located in London 14.23% 19.83% 20.48%
As % of the General category 31.64% 39.14% 39.12%
Number of daily rates quoted 2582 3706 3845
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £514 £500
Average daily rate % change year-on-year
-2.67% +2.75%
90% offered a daily rate of more than £325 £340 £325
10% offered a daily rate of more than £650 £650 £638
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 10 33 23
Average hourly rate £20.25 £22.00 £30.00
Average hourly rate % change year-on-year
-7.95% -26.66%
90% offered a hourly rate of more than £15.40 £12.50 £16.50
10% offered a hourly rate of more than £22.80 £46.40 £139.50
UK excluding London average hourly rate £14.00 £17.50 £19.00
% change year-on-year
-20.00% -7.89%
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
11019 12735 13522
As % of all contract IT jobs located in London 44.99% 50.67% 52.36%
Number of daily rates quoted 7766 8967 9260
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 £625 £650 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 147 175 249
Average hourly rate £20.13 £22.00 £22.00
Average hourly rate % change year-on-year
-8.48% -
90% offered a hourly rate of more than £11.50 £13.00 £14.00
10% offered a hourly rate of more than £39.00 £48.00 £50.00
UK excluding London average hourly rate £23.00 £20.50 £28.50
% change year-on-year
+12.19% -28.07%

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 19 September 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 19 September 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 19 September 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 1118 £500 - 360
Docklands, London +1 38 £525 -3.89% 6
Canary Wharf -2 16 £550 -4.34%
Croydon -3 2 £175 -50.00%
Hounslow - 2 - -
Romford +4 1 £625 - 2
Feltham - 1 £425 -
Hayes - - - -
Kingston Upon Thames - - - -
Dagenham - - - -
Bromley - - - - 1
Carshalton - - - -
Paddington - - - -
Hammersmith - - - - 1
Mayfair - - - -
Ealing - - - -
Westminster - - - - 1
Twickenham - - - -
Uxbridge - - - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 19 September 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 3207 (46.30%) Finance
2 3037 (43.84%) Investment Banking
3 1507 (21.76%) SQL
4 1081 (15.61%) Agile Software Development
5 1017 (14.68%) Java
6 995 (14.36%) Oracle
7 962 (13.89%) Front Office
8 764 (11.03%) Windows
9 746 (10.77%) Project Management
10 707 (10.21%) C#
11 695 (10.03%) UNIX
12 679 (9.80%) Linux
13 658 (9.50%) Stakeholder Management
14 600 (8.66%) Microsoft
15 594 (8.58%) SQL Server
16 570 (8.23%) Analytical Skills
17 533 (7.69%) Retail
18 514 (7.42%) Foreign Exchange (FX)
19 512 (7.39%) .NET
20 485 (7.00%) Business Analysis
21 458 (6.61%) Degree
22 441 (6.37%) Derivative
23 381 (5.50%) Fixed Income
24 370 (5.34%) JavaScript
25 369 (5.33%) MS Excel
26 366 (5.28%) Retail Banking
27 364 (5.25%) HTML
28 353 (5.10%) Multithreading
29 345 (4.98%) Risk Management
30 344 (4.97%) TDD

Banking
Top Related IT Skills in London by Category

For the 6 months to 19 September 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
1 183 (2.64%) SharePoint
2 122 (1.76%) WebSphere
3 100 (1.44%) WebLogic
4 90 (1.30%) Tomcat
5 77 (1.11%) SAS
6 72 (1.04%) Apache
7 71 (1.02%) Oracle Coherence
8 63 (0.91%) MS Exchange
9 60 (0.87%) IIS
10 53 (0.77%) CMS
11 49 (0.71%) Lync
12 46 (0.66%) IBM Notes
13 42 (0.61%) Exchange Server 2010
14 38 (0.55%) SharePoint 2010
15 33 (0.48%) BizTalk Server
16 25 (0.36%) Oracle Workflow
16 25 (0.36%) Confluence
17 24 (0.35%) SharePoint 2013
18 23 (0.33%) Node.js
19 22 (0.32%) TIBCO EMS
Applications
1 369 (5.33%) MS Excel
2 249 (3.59%) MS Office
3 189 (2.73%) MS PowerPoint
4 125 (1.80%) MS Project
5 108 (1.56%) MS Visio
6 43 (0.62%) Photoshop
7 36 (0.52%) Spreadsheet
8 33 (0.48%) Adobe Illustrator
9 11 (0.16%) OmniGraffle
10 9 (0.13%) Adobe Captivate
11 6 (0.087%) RoboHelp
12 3 (0.043%) Fireworks
12 3 (0.043%) InDesign
12 3 (0.043%) Open Workbench
13 1 (0.014%) SPSS
13 1 (0.014%) Adobe After Effects
13 1 (0.014%) Stata
Business Applications
1 50 (0.72%) RMDS
2 33 (0.48%) Cognos TM1
3 31 (0.45%) ION MarketView
4 30 (0.43%) Dynamics CRM
5 22 (0.32%) Markit EDM
6 19 (0.27%) Oracle EBS
7 17 (0.25%) Temenos T24
8 16 (0.23%) Summit
8 16 (0.23%) SAP FI
9 13 (0.19%) Oracle EBS R12
9 13 (0.19%) Cognos Business Intelligence
9 13 (0.19%) Loan IQ
9 13 (0.19%) SAP Oil and Gas
10 12 (0.17%) Oracle BPM
11 11 (0.16%) IntelliMatch
11 11 (0.16%) SAP BPC
12 10 (0.14%) SunGard GMI
12 10 (0.14%) Oracle General Ledger
13 9 (0.13%) Oracle Subledger Accounting
13 9 (0.13%) SAP CO
Cloud Services
1 21 (0.30%) SaaS
2 17 (0.25%) Cloud Computing
3 11 (0.16%) Microsoft Azure
4 7 (0.10%) Office 365
5 6 (0.087%) Force.com
6 5 (0.072%) GitHub
7 3 (0.043%) IBM Blueworks
7 3 (0.043%) PaaS
7 3 (0.043%) Amazon EC2
8 2 (0.029%) IaaS
8 2 (0.029%) Responsys
9 1 (0.014%) Basecamp
9 1 (0.014%) OpenShift
9 1 (0.014%) Amazon AWS
9 1 (0.014%) Google Apps
9 1 (0.014%) Taleo
Communications & Networking
1 153 (2.21%) Firewall
2 112 (1.62%) TCP/IP
3 110 (1.59%) Internet
4 94 (1.36%) DNS
5 85 (1.23%) WAN
6 80 (1.15%) SAN
7 77 (1.11%) LAN
8 60 (0.87%) Intranet
9 50 (0.72%) Network Security
10 49 (0.71%) BGP
11 45 (0.65%) VPN
12 44 (0.64%) Multicast
13 39 (0.56%) OSPF
14 38 (0.55%) LDAP
15 36 (0.52%) EIGRP
16 31 (0.45%) DHCP
17 30 (0.43%) VLAN
18 27 (0.39%) SSL
18 27 (0.39%) Cisco IOS
18 27 (0.39%) Cisco Nexus
Database & Business Intelligence
1 594 (8.58%) SQL Server
2 245 (3.54%) Data Warehouse
2 245 (3.54%) Oracle Database
3 235 (3.39%) Relational Database
4 168 (2.43%) SQL Server Integration Services
5 132 (1.91%) SQL Server 2008
6 121 (1.75%) SQL Server Reporting Services
7 120 (1.73%) QlikView
8 109 (1.57%) Big Data
9 101 (1.46%) Oracle Database 11g
10 95 (1.37%) RDBMS
11 83 (1.20%) SQL Server Analysis Services
12 80 (1.15%) Oracle Database 10g
13 79 (1.14%) MongoDB
14 60 (0.87%) Hadoop
15 58 (0.84%) NoSQL
16 54 (0.78%) MS Access
17 51 (0.74%) Data Mining
18 46 (0.66%) DB2
19 44 (0.64%) Sybase ASE
Development Applications
1 140 (2.02%) JIRA
2 137 (1.98%) Subversion
3 98 (1.41%) Maven
4 84 (1.21%) TeamCity
5 79 (1.14%) JUnit
6 64 (0.92%) Git (software)
7 55 (0.79%) Eclipse
8 46 (0.66%) Selenium
9 45 (0.65%) Visual Studio
10 34 (0.49%) CruiseControl
10 34 (0.49%) QuickTest Pro
11 33 (0.48%) Jenkins
12 32 (0.46%) Ant
13 29 (0.42%) jMock
14 28 (0.40%) NUnit
15 26 (0.38%) Team Foundation Server
16 25 (0.36%) Axure RP
17 24 (0.35%) Hudson
17 24 (0.35%) LoadRunner
17 24 (0.35%) Toad
General
1 3207 (46.30%) Finance
2 3037 (43.84%) Investment Banking
3 962 (13.89%) Front Office
4 533 (7.69%) Retail
5 366 (5.28%) Retail Banking
6 270 (3.90%) Back Office
7 220 (3.18%) Financial Institution
8 181 (2.61%) Legal
9 118 (1.70%) Telecoms
10 76 (1.10%) Corporate Banking
11 73 (1.05%) Private Banking
11 73 (1.05%) Marketing
12 54 (0.78%) Advertising
13 52 (0.75%) French Language
13 52 (0.75%) Law
14 42 (0.61%) International Banking
15 25 (0.36%) Publishing
16 24 (0.35%) General Ledger
16 24 (0.35%) Manufacturing
17 23 (0.33%) Games
Job Titles
1 1818 (26.25%) Analyst
2 1776 (25.64%) Developer
3 1006 (14.52%) Business Analyst
4 750 (10.83%) Project Manager
5 452 (6.53%) Java Developer
6 322 (4.65%) Architect
7 294 (4.24%) Consultant
8 291 (4.20%) Banking Business Analyst
9 274 (3.96%) C# Developer
10 205 (2.96%) Senior Developer
11 177 (2.56%) Support Analyst
12 170 (2.45%) Data Analyst
13 162 (2.34%) Programme Manager
14 134 (1.93%) Administrator
15 129 (1.86%) .NET Developer
16 128 (1.85%) Senior Manager
17 121 (1.75%) Test Analyst
18 118 (1.70%) Investment Banking Business Analyst
18 118 (1.70%) Applications Support
19 117 (1.69%) DBA
Libraries, Frameworks & Software Standards
1 512 (7.39%) .NET
2 364 (5.25%) HTML
3 256 (3.70%) XML
4 215 (3.10%) Spring
5 194 (2.80%) CSS
6 192 (2.77%) ASP.NET
7 191 (2.76%) HTML5
8 187 (2.70%) Web Services
9 173 (2.50%) Middleware
9 173 (2.50%) WPF
10 152 (2.19%) WCF
11 118 (1.70%) jQuery
12 114 (1.65%) Hibernate
13 109 (1.57%) J2EE
14 107 (1.54%) AngularJS
15 106 (1.53%) FIX Protocol
16 101 (1.46%) JMS
17 89 (1.28%) .NET Framework
18 86 (1.24%) ASP.NET MVC
19 69 (1.00%) REST
Miscellaneous
1 570 (8.23%) Analytical Skills
2 514 (7.42%) Foreign Exchange (FX)
3 441 (6.37%) Derivative
4 381 (5.50%) Fixed Income
5 292 (4.22%) Credit Risk
6 247 (3.57%) Market Risk
7 244 (3.52%) Equities
8 177 (2.56%) Computer Science
9 175 (2.53%) User Experience
10 150 (2.17%) Management Information System
11 87 (1.26%) Credit Derivative
11 87 (1.26%) Mathematics
12 85 (1.23%) Mobile Banking
13 83 (1.20%) Reference Data
14 81 (1.17%) Mobile App
15 80 (1.15%) SWIFT
16 79 (1.14%) Hedge funds
17 76 (1.10%) Visualisation
18 73 (1.05%) Blackberry
19 62 (0.90%) Equity Derivative
Operating Systems
1 764 (11.03%) Windows
2 695 (10.03%) UNIX
3 679 (9.80%) Linux
4 178 (2.57%) Windows 7
5 171 (2.47%) Solaris
6 156 (2.25%) Red Hat Enterprise Linux
7 102 (1.47%) Windows Server 2008
8 85 (1.23%) Windows Server 2003
9 77 (1.11%) Windows XP
10 49 (0.71%) Apple iOS
11 43 (0.62%) Android
12 27 (0.39%) SUSE
12 27 (0.39%) AIX
13 25 (0.36%) zOS
14 16 (0.23%) Windows 8
14 16 (0.23%) Windows Server 2012
15 8 (0.12%) Windows 2000
16 6 (0.087%) Windows Mobile
17 5 (0.072%) HPUX
17 5 (0.072%) Windows 2000 Server
Processes & Methodologies
1 1081 (15.61%) Agile Software Development
2 746 (10.77%) Project Management
3 658 (9.50%) Stakeholder Management
4 485 (7.00%) Business Analysis
5 353 (5.10%) Multithreading
6 345 (4.98%) Risk Management
7 344 (4.97%) TDD
8 342 (4.94%) User Acceptance Testing
9 305 (4.40%) Migration
10 299 (4.32%) OO
11 298 (4.30%) Change Management
12 295 (4.26%) ITIL
13 289 (4.17%) Data Modelling
14 286 (4.13%) Low Latency
15 277 (4.00%) Analytics
16 252 (3.64%) Business Intelligence
17 247 (3.57%) Data Analysis
18 238 (3.44%) Scrum
19 222 (3.20%) ETL
20 218 (3.15%) PRINCE2
Programming Languages
1 1507 (21.76%) SQL
2 1017 (14.68%) Java
3 707 (10.21%) C#
4 370 (5.34%) JavaScript
5 332 (4.79%) C++
6 257 (3.71%) Python
7 215 (3.10%) Perl
8 190 (2.74%) VBA
9 184 (2.66%) Shell Script
10 175 (2.53%) PL/SQL
11 148 (2.14%) PowerShell
12 125 (1.80%) C
13 114 (1.65%) T-SQL
14 79 (1.14%) VB
15 53 (0.77%) VBScript
16 52 (0.75%) Scala
17 38 (0.55%) Bash Shell
18 35 (0.51%) XAML
19 29 (0.42%) VB.NET
20 28 (0.40%) Korn
Qualifications
1 458 (6.61%) Degree
2 92 (1.33%) PMI Certification
3 76 (1.10%) Cisco Certification
4 63 (0.91%) CCNP
4 63 (0.91%) ISEB
5 55 (0.79%) PMP
6 51 (0.74%) CISSP
7 48 (0.69%) Microsoft Certification
8 46 (0.66%) ISTQB
9 43 (0.62%) PRINCE2 Certification
10 32 (0.46%) CISA
10 32 (0.46%) ITIL Certification
11 29 (0.42%) CISM
12 21 (0.30%) CCIE
12 21 (0.30%) Citrix Certification
13 19 (0.27%) ISTQB Foundation Certification
13 19 (0.27%) CCSE
14 16 (0.23%) MCSE
15 15 (0.22%) PRINCE2 Practitioner
16 14 (0.20%) Security Cleared
Quality Assurance & Compliance
1 252 (3.64%) QA
2 97 (1.40%) EMIR
3 85 (1.23%) Dodd-Frank
4 59 (0.85%) Basel III
5 52 (0.75%) Sarbanes-Oxley
6 49 (0.71%) ISO 9001
7 39 (0.56%) SLA
8 36 (0.52%) FATCA
9 35 (0.51%) Data Quality
10 30 (0.43%) MiFID
11 19 (0.27%) COBIT
12 14 (0.20%) ISO/IEC 27001
13 12 (0.17%) AIFMD
14 11 (0.16%) COREP
14 11 (0.16%) Basel II
14 11 (0.16%) PCI DSS
15 8 (0.12%) UCITS
16 7 (0.10%) WAI
17 5 (0.072%) P3O
18 4 (0.058%) FINREP
System Software
1 223 (3.22%) Active Directory
2 74 (1.07%) XenApp
3 68 (0.98%) VMware Infrastructure
4 53 (0.77%) Oracle RAC
5 44 (0.64%) Oracle RMAN
6 33 (0.48%) Microsoft App-V
7 27 (0.39%) VMware ESX
8 25 (0.36%) ACF2
9 23 (0.33%) Veritas Cluster Server
10 21 (0.30%) XenDesktop
11 20 (0.29%) XenServer
11 20 (0.29%) Apache Flume
12 19 (0.27%) RACF
13 18 (0.26%) Apache ZooKeeper
13 18 (0.26%) HDFS
14 17 (0.25%) vSphere
15 16 (0.23%) Veritas Volume Manager
16 10 (0.14%) NFS
17 8 (0.12%) Veritas File System
17 8 (0.12%) Hyper-V
Systems Management
1 114 (1.65%) HP Quality Center
2 85 (1.23%) SCCM
3 66 (0.95%) Control-M
4 61 (0.88%) Tivoli
5 38 (0.55%) ITRS Geneos
6 36 (0.52%) Data Guard
7 31 (0.45%) Puppet
8 23 (0.33%) BMC PATROL
9 22 (0.32%) BladeLogic
9 22 (0.32%) Tivoli Storage Manager
10 20 (0.29%) NetBackup
11 18 (0.26%) SCOM
11 18 (0.26%) Oozie
11 18 (0.26%) Ambari
12 15 (0.22%) Cisco CUCM
13 14 (0.20%) Oracle Enterprise Manager
14 13 (0.19%) Cisco UCCE
14 13 (0.19%) Cisco UCCX
15 11 (0.16%) Nagios
15 11 (0.16%) Oracle Identity Manager
Vendors
1 995 (14.36%) Oracle
2 600 (8.66%) Microsoft
3 273 (3.94%) Sybase
4 189 (2.73%) Citrix
5 183 (2.64%) Red Hat
6 159 (2.30%) Cisco
7 141 (2.04%) IBM
8 137 (1.98%) HP
9 122 (1.76%) VMware
10 100 (1.44%) Informatica
11 95 (1.37%) Cognos
12 94 (1.36%) SAP
13 92 (1.33%) Business Objects
14 86 (1.24%) Bloomberg
15 84 (1.21%) TIBCO
16 73 (1.05%) Reuters
16 73 (1.05%) CheckPoint
17 70 (1.01%) Murex
18 67 (0.97%) JBoss
19 63 (0.91%) Juniper
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