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 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Banking
Rank 5 7 5
Rank change year-on-year
+2 -2
Contract jobs citing Banking 2992 3100 3630
As % of all contract IT jobs located in London 14.13% 14.62% 16.49%
As % of the General category 31.06% 32.06% 34.64%
Number of daily rates quoted 2090 2301 2749
Average daily rate £525 £500 £525
Average daily rate % change year-on-year
+5.00% -4.76%
90% offered a daily rate of more than £350 £325 £344
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 5 4 25
Average hourly rate £32.00 £27.50 £21.00
Average hourly rate % change year-on-year
+16.36% +30.95%
90% offered a hourly rate of more than £24.83 £23.13 £17.70
10% offered a hourly rate of more than £79.00 £43.25 £125.00
UK excluding London average hourly rate £13.75 £10.44 £10.97
% change year-on-year
+31.70% -4.83%
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
9634 9668 10479
As % of all contract IT jobs located in London 45.49% 45.59% 47.60%
Number of daily rates quoted 6776 6971 7346
Average daily rate £500 £475 £488
Average daily rate % change year-on-year
+5.26% -2.56%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £640 £650
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 110 103 181
Average hourly rate £26.59 £20.63 £22.50
Average hourly rate % change year-on-year
+28.90% -8.33%
90% offered a hourly rate of more than £11.95 £12.50 £14.00
10% offered a hourly rate of more than £55.00 £40.00 £90.00
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

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 10 February 2016.

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 10 February 2016.

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 10 February 2016. 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 +1 614 £525 +5.00% 185
Canary Wharf +7 37 £500 +5.26%
Docklands, London 0 17 £521 +0.24% 1
Bromley 0 6 £425 -
Romford +3 4 £450 -25.00% 1
Croydon -22 2 - - 1
Wimbledon - 2 £450 -
Uxbridge 0 1 - - 2
Clapham - 1 £275 -
Southwark - 1 £250 -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 10 February 2016, 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 3603 (53.74%) Finance
2 2557 (38.14%) Investment Banking
3 1369 (20.42%) Agile Software Development
4 1268 (18.91%) SQL
5 1210 (18.05%) Java
6 852 (12.71%) Front Office
7 785 (11.71%) Stakeholder Management
8 650 (9.70%) Project Management
9 637 (9.50%) Oracle
10 627 (9.35%) C#
11 575 (8.58%) SQL Server
12 557 (8.31%) Business Analysis
13 552 (8.23%) Retail
14 537 (8.01%) Unix
15 533 (7.95%) Windows
16 508 (7.58%) Foreign Exchange (FX)
17 507 (7.56%) Linux
18 505 (7.53%) .NET
19 501 (7.47%) Derivative
20 492 (7.34%) Analytical Skills
21 488 (7.28%) JavaScript
22 481 (7.17%) HTML
23 462 (6.89%) Migration
24 445 (6.64%) Microsoft
25 397 (5.92%) Equities
26 395 (5.89%) Risk Management
27 393 (5.86%) TDD
28 377 (5.62%) Degree
29 373 (5.56%) Retail Banking
30 372 (5.55%) MS Excel

Banking
Top Related IT Skills in London by Category

For the 6 months to 10 February 2016, 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
1 133 (1.98%) SharePoint
2 81 (1.21%) Apache Spark
3 78 (1.16%) WebSphere
4 75 (1.12%) Node.js
5 73 (1.09%) IIS
6 70 (1.04%) Oracle Coherence
7 66 (0.98%) SAS
8 65 (0.97%) Tomcat
9 57 (0.85%) Apache
10 56 (0.84%) Confluence
11 53 (0.79%) JBoss
12 37 (0.55%) CMS
13 35 (0.52%) MS Exchange
14 34 (0.51%) Skype for Business
15 30 (0.45%) IBM Notes
16 21 (0.31%) Jetty
17 18 (0.27%) WebLogic
18 17 (0.25%) Apache Pig
19 16 (0.24%) SharePoint 2013
20 15 (0.22%) Oracle Workflow
Applications
1 372 (5.55%) MS Excel
2 201 (3.00%) MS Office
3 180 (2.68%) MS PowerPoint
4 119 (1.78%) MS Visio
5 111 (1.66%) MS Project
6 63 (0.94%) Photoshop
7 58 (0.87%) Adobe Illustrator
8 39 (0.58%) Spreadsheet
9 19 (0.28%) Adobe Creative Suite
10 12 (0.18%) OmniGraffle
11 10 (0.15%) Acrobat
12 8 (0.12%) Adobe Captivate
13 6 (0.089%) SPSS
14 3 (0.045%) InfoPath
15 2 (0.030%) Open Workbench
16 1 (0.015%) LaTeX
16 1 (0.015%) Maple
16 1 (0.015%) Mathematica
16 1 (0.015%) SmartSuite
Business Applications
1 57 (0.85%) Dynamics CRM
2 38 (0.57%) Summit
3 19 (0.28%) Temenos T24
4 18 (0.27%) ION MarketView
5 17 (0.25%) Eikon
6 16 (0.24%) RMDS
7 13 (0.19%) Finacle
7 13 (0.19%) Markit EDM
8 12 (0.18%) Bankmaster
8 12 (0.18%) Misys Equation
9 11 (0.16%) Oracle BPM
9 11 (0.16%) Oracle Financials
9 11 (0.16%) TradeThru
10 10 (0.15%) Loan IQ
10 10 (0.15%) PeopleSoft HRMS
10 10 (0.15%) Remedy ITSM
11 9 (0.13%) Cognos Business Intelligence
11 9 (0.13%) Oracle General Ledger
12 8 (0.12%) Kondor
13 7 (0.10%) Brady Trinity
Cloud Services
1 103 (1.54%) Amazon AWS
2 29 (0.43%) Microsoft Azure
3 15 (0.22%) GitHub
3 15 (0.22%) Office 365
4 12 (0.18%) PaaS
5 10 (0.15%) Cloud Computing
5 10 (0.15%) SaaS
6 7 (0.10%) IaaS
6 7 (0.10%) Virtual Private Cloud
7 6 (0.089%) SuccessFactors
8 5 (0.075%) Amazon EC2
8 5 (0.075%) Azure Active Directory
9 4 (0.060%) Amazon S3
9 4 (0.060%) AWS CloudFormation
10 3 (0.045%) Amazon CloudWatch
11 2 (0.030%) Heroku
12 1 (0.015%) IBM Blueworks
12 1 (0.015%) MailChimp
12 1 (0.015%) Mimecast
12 1 (0.015%) OpenShift
Communications & Networking
1 114 (1.70%) TCP/IP
2 104 (1.55%) Firewall
3 76 (1.13%) SAN
4 61 (0.91%) Internet
5 60 (0.89%) DNS
6 47 (0.70%) VPN
7 45 (0.67%) LAN
8 43 (0.64%) Network Security
8 43 (0.64%) WAN
9 35 (0.52%) DHCP
9 35 (0.52%) HTTP
10 33 (0.49%) NAS
11 31 (0.46%) BGP
12 29 (0.43%) OSPF
13 27 (0.40%) Cisco Nexus
13 27 (0.40%) Multicast
14 26 (0.39%) Intranet
15 20 (0.30%) SSL
16 19 (0.28%) Cisco IOS
17 17 (0.25%) LDAP
Database & Business Intelligence
1 575 (8.58%) SQL Server
2 257 (3.83%) Data Warehouse
3 197 (2.94%) Big Data
4 189 (2.82%) SQL Server Integration Services
5 166 (2.48%) Oracle Database
6 164 (2.45%) Relational Database
7 141 (2.10%) Hadoop
8 124 (1.85%) SQL Server Reporting Services
9 120 (1.79%) NoSQL
10 109 (1.63%) SQL Server 2008
11 85 (1.27%) Apache Cassandra
12 79 (1.18%) BusinessObjects
12 79 (1.18%) MongoDB
12 79 (1.18%) SQL Server 2012
13 78 (1.16%) Oracle Database 11g
14 72 (1.07%) SQL Server Analysis Services
15 71 (1.06%) RDBMS
16 69 (1.03%) QlikView
17 67 (1.00%) Data Mining
18 45 (0.67%) Apache Hive
Development Applications
1 198 (2.95%) JIRA
2 138 (2.06%) Git (software)
3 130 (1.94%) Maven
4 119 (1.78%) Jenkins
5 101 (1.51%) Subversion
6 78 (1.16%) Selenium
7 77 (1.15%) TeamCity
8 61 (0.91%) Cucumber
9 59 (0.88%) JUnit
10 54 (0.81%) Team Foundation Server
11 50 (0.75%) Visual Studio
12 43 (0.64%) HP UFT
13 38 (0.57%) Gradle
14 36 (0.54%) Ant
14 36 (0.54%) Eclipse
14 36 (0.54%) Grunt
15 32 (0.48%) Mockito
16 25 (0.37%) JBehave
17 24 (0.36%) NUnit
18 23 (0.34%) Atlassian Bamboo
General
1 3603 (53.74%) Finance
2 2557 (38.14%) Investment Banking
3 852 (12.71%) Front Office
4 552 (8.23%) Retail
5 373 (5.56%) Retail Banking
6 274 (4.09%) Back Office
7 211 (3.15%) Financial Institution
8 147 (2.19%) Legal
9 105 (1.57%) Telecoms
10 99 (1.48%) Corporate Banking
11 95 (1.42%) Marketing
12 77 (1.15%) International Banking
13 73 (1.09%) Private Banking
14 64 (0.95%) Law
15 35 (0.52%) Advertising
16 33 (0.49%) Games
17 31 (0.46%) General Ledger
18 29 (0.43%) Wholesale Banking
19 20 (0.30%) Billing
20 16 (0.24%) Publishing
Job Titles
1 1897 (28.30%) Developer
2 1745 (26.03%) Analyst
3 1091 (16.27%) Business Analyst
4 688 (10.26%) Project Manager
5 668 (9.96%) Banking Analyst
6 654 (9.76%) Java Developer
7 356 (5.31%) Architect
8 301 (4.49%) Consultant
9 284 (4.24%) Banking Business Analyst
10 276 (4.12%) C# Developer
11 237 (3.54%) Senior Developer
12 217 (3.24%) SQL Developer
13 166 (2.48%) Banking Project Manager
14 159 (2.37%) Senior Analyst
15 156 (2.33%) Investment Banking Business Analyst
15 156 (2.33%) Test Analyst
16 142 (2.12%) .NET Developer
17 138 (2.06%) JavaScript Developer
18 137 (2.04%) Risk Analyst
19 135 (2.01%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 505 (7.53%) .NET
2 481 (7.17%) HTML
3 284 (4.24%) AngularJS
4 258 (3.85%) HTML5
5 257 (3.83%) CSS
6 225 (3.36%) Web Services
7 216 (3.22%) Spring
8 200 (2.98%) REST
9 195 (2.91%) XML
10 158 (2.36%) ASP.NET
11 145 (2.16%) WPF
12 135 (2.01%) FIX Protocol
13 127 (1.89%) CSS3
14 119 (1.78%) JMS
15 108 (1.61%) .NET Framework
16 106 (1.58%) WCF
17 99 (1.48%) Hibernate
18 95 (1.42%) Middleware
19 90 (1.34%) RESTful
20 82 (1.22%) J2EE
Miscellaneous
1 508 (7.58%) Foreign Exchange (FX)
2 501 (7.47%) Derivative
3 492 (7.34%) Analytical Skills
4 397 (5.92%) Equities
5 358 (5.34%) Fixed Income
6 254 (3.79%) User Experience
7 247 (3.68%) Market Risk
8 225 (3.36%) Credit Risk
9 142 (2.12%) Management Information System
10 141 (2.10%) Computer Science
11 128 (1.91%) Data Centre
11 128 (1.91%) Mobile App
12 109 (1.63%) Equity Derivative
13 106 (1.58%) Mathematics
14 95 (1.42%) Data Structures
15 85 (1.27%) Online Banking
16 84 (1.25%) Visualisation
17 80 (1.19%) Fintech
18 71 (1.06%) SWIFT
19 70 (1.04%) Reference Data
Operating Systems
1 537 (8.01%) Unix
2 533 (7.95%) Windows
3 507 (7.56%) Linux
4 127 (1.89%) Windows Server
5 121 (1.80%) Solaris
6 92 (1.37%) Windows 7
7 83 (1.24%) Red Hat Enterprise Linux
8 61 (0.91%) Windows Server 2003
9 56 (0.84%) Windows Server 2008
10 55 (0.82%) Apple iOS
11 49 (0.73%) Android
12 41 (0.61%) Windows XP
13 38 (0.57%) Windows Server 2012
14 32 (0.48%) AIX
15 16 (0.24%) SUSE
16 12 (0.18%) Windows 8
17 10 (0.15%) zOS
18 4 (0.060%) VMS
19 3 (0.045%) Windows Vista
20 2 (0.030%) Ubuntu
Processes & Methodologies
1 1369 (20.42%) Agile Software Development
2 785 (11.71%) Stakeholder Management
3 650 (9.70%) Project Management
4 557 (8.31%) Business Analysis
5 462 (6.89%) Migration
6 395 (5.89%) Risk Management
7 393 (5.86%) TDD
8 370 (5.52%) User Acceptance Testing
9 349 (5.21%) SDLC
10 332 (4.95%) Change Management
10 332 (4.95%) Scrum
11 323 (4.82%) Analytics
12 306 (4.56%) Multithreading
13 264 (3.94%) Data Modelling
14 241 (3.59%) Business Intelligence
14 241 (3.59%) ITIL
15 238 (3.55%) PRINCE2
16 222 (3.31%) OO
17 217 (3.24%) ETL
18 198 (2.95%) Electronic Trading
Programming Languages
1 1268 (18.91%) SQL
2 1210 (18.05%) Java
3 627 (9.35%) C#
4 488 (7.28%) JavaScript
5 296 (4.42%) Python
6 239 (3.57%) C++
7 206 (3.07%) Scala
8 196 (2.92%) Perl
9 195 (2.91%) VBA
10 149 (2.22%) T-SQL
11 137 (2.04%) Shell Script
12 131 (1.95%) PowerShell
13 102 (1.52%) PL/SQL
14 88 (1.31%) C
15 72 (1.07%) VB
16 68 (1.01%) Bash Shell
17 53 (0.79%) Ruby
18 51 (0.76%) VB.NET
19 47 (0.70%) R
20 37 (0.55%) Korn
Qualifications
1 377 (5.62%) Degree
2 117 (1.75%) PMI Certification
3 75 (1.12%) PMP
4 66 (0.98%) ISEB
5 52 (0.78%) ISTQB
6 42 (0.63%) ITIL Certification
6 42 (0.63%) Security Cleared
7 40 (0.60%) Cisco Certification
8 38 (0.57%) CISSP
9 35 (0.52%) PhD
10 33 (0.49%) SC Cleared
11 27 (0.40%) CISM
12 26 (0.39%) CCNP
12 26 (0.39%) CISA
12 26 (0.39%) PRINCE2 Certification
13 25 (0.37%) AWS Certification
14 24 (0.36%) Microsoft Certification
15 13 (0.19%) ACCA
15 13 (0.19%) MCSE
16 12 (0.18%) CRISC
Quality Assurance & Compliance
1 309 (4.61%) QA
2 185 (2.76%) MiFID
3 109 (1.63%) Data Quality
4 100 (1.49%) EMIR
5 76 (1.13%) Dodd-Frank
6 61 (0.91%) SEPA
7 48 (0.72%) FATCA
8 42 (0.63%) Basel III
8 42 (0.63%) SLA
9 29 (0.43%) PCI DSS
10 28 (0.42%) AIFMD
11 24 (0.36%) COBIT
12 18 (0.27%) Sarbanes-Oxley
13 14 (0.21%) Basel II
14 12 (0.18%) ISO/IEC 27001
15 11 (0.16%) COREP
15 11 (0.16%) CRD IV
16 8 (0.12%) UCITS
17 7 (0.10%) ISO20022
18 6 (0.089%) IAS 39
System Software
1 106 (1.58%) Active Directory
2 69 (1.03%) VMware Infrastructure
3 31 (0.46%) Oracle RAC
4 28 (0.42%) NFS
5 26 (0.39%) Docker
6 25 (0.37%) HDFS
7 18 (0.27%) Veritas Cluster Server
7 18 (0.27%) VMware ESX
8 16 (0.24%) Hyper-V
8 16 (0.24%) Veritas Volume Manager
8 16 (0.24%) vSphere
9 10 (0.15%) XenApp
9 10 (0.15%) XenDesktop
10 7 (0.10%) Samba
10 7 (0.10%) XenServer
11 6 (0.089%) Apache Flume
11 6 (0.089%) Apache ZooKeeper
11 6 (0.089%) SRDF
12 5 (0.075%) ACF2
12 5 (0.075%) Snort
Systems Management
1 121 (1.80%) Puppet
2 88 (1.31%) HP Quality Center
3 49 (0.73%) Opscode Chef
4 40 (0.60%) ITRS Geneos
5 36 (0.54%) Control-M
5 36 (0.54%) Data Guard
6 35 (0.52%) Oracle RMAN
7 33 (0.49%) Nagios
8 25 (0.37%) SCCM
9 20 (0.30%) Tivoli
10 18 (0.27%) Ansible
11 17 (0.25%) Oracle Enterprise Manager
11 17 (0.25%) SCOM
12 13 (0.19%) NetBackup
13 11 (0.16%) Hadoop YARN
14 10 (0.15%) Foglight
14 10 (0.15%) Graphite
15 9 (0.13%) Capistrano
15 9 (0.13%) FortiGate
15 9 (0.13%) Oracle ZFS
Vendors
1 637 (9.50%) Oracle
2 445 (6.64%) Microsoft
3 227 (3.39%) Sybase
4 162 (2.42%) IBM
5 150 (2.24%) Murex
6 110 (1.64%) Red Hat
7 106 (1.58%) Cisco
8 105 (1.57%) VMware
9 101 (1.51%) SAP
10 96 (1.43%) HP
11 85 (1.27%) Citrix
12 83 (1.24%) Adobe
13 80 (1.19%) Informatica
14 79 (1.18%) Bloomberg
15 76 (1.13%) Calypso
15 76 (1.13%) Splunk
16 73 (1.09%) ServiceNow
17 63 (0.94%) F5
18 62 (0.92%) Reuters
19 61 (0.91%) Fidessa
City, London
Hays Finance Technology
Rate: £450.00 - £550.00 per day
Posted: Yesterday
London
Hydrogen Group
Rate: £450.00 - £470.00 per day
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £500.00 - £550.00 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £550 - £750 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: Yesterday
London
Lorien Resourcing
Rate: Negotiable
Posted: Yesterday
London
TEKsystems
Rate: £550 - £650 per day
Posted: Yesterday
London
Hays Finance Technology
Rate: £450.00 - £500.00 per annum
Posted: Yesterday
London
Hydrogen Group
Rate: £500.00 - £650.00 per day
Posted: Yesterday
London
Elevate Direct
Rate: From £500 to £550 per day
Posted: 2 days ago
City, London
NDK Consulting.co.uk Ltd
Rate: Up to £550 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £650 per day
Posted: 2 days ago
London
Alexander Mann Solutions
Posted: 2 days ago
City, London
Oscar
Rate: £350 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
City, London
JM
Rate: £350 - £500 per day
Posted: 2 days ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £200 - £250 per day
Posted: 2 days ago
London
Hydrogen Group
Rate: £400.00 - £425.00 per day
Posted: 2 days ago
London
Optima Connections
Rate: From £40,000 to £50,000 per annum Bonus + Benefits
Posted: 2 days ago
London
McGregor Boyall
Rate: £700 - £701 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £450.00 - £500.00 per annum
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 2 days ago
London
Cititec
Rate: £500 - 700 per day
Posted: 2 days ago
London
Joseph Harry Ltd
Posted: 2 days ago
London
Joseph Harry Ltd
Posted: 3 days ago
City, London
Joseph Harry Ltd
Posted: 4 days ago