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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Banking
Rank 7 5 4
Rank change year-on-year
-2 -1
Contract jobs citing Banking 3095 3697 3456
As % of all contract IT jobs located in London 14.65% 17.15% 17.88%
As % of the General category 31.98% 35.43% 36.77%
Number of daily rates quoted 2313 2810 2588
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £525 £500
Average daily rate % change year-on-year
-4.76% +5.00%
90% offered a daily rate of more than £325 £350 £337
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £425 £400 £375
% change year-on-year
+6.25% +6.66%
Number of hourly rates quoted 4 23 22
Average hourly rate £27.50 £22.50 £27.75
Average hourly rate % change year-on-year
+22.22% -18.91%
90% offered a hourly rate of more than £23.13 £17.60 £11.00
10% offered a hourly rate of more than £43.25 £125.00 £53.15
UK excluding London average hourly rate £10.44 £9.96 £15.88
% change year-on-year
+4.81% -37.25%
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
9679 10434 9400
As % of all contract IT jobs located in London 45.82% 48.41% 48.63%
Number of daily rates quoted 6976 7367 6583
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £300 £310 £300
10% offered a daily rate of more than £648 £650 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 101 166 165
Average hourly rate £21.75 £22.00 £21.38
Average hourly rate % change year-on-year
-1.13% +2.92%
90% offered a hourly rate of more than £12.85 £13.63 £13.49
10% offered a hourly rate of more than £47.50 £80.00 £47.50
UK excluding London average hourly rate £26.25 £22.00 £25.00
% change year-on-year
+19.31% -12.00%

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 30 January 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 30 January 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 30 January 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 -3 874 £500 -4.76% 342
Docklands, London +1 39 £550 +4.76% 6
Canary Wharf -8 11 £488 -7.14%
Romford 0 5 £650 +10.63% 3
Bromley -7 2 £425 -19.04%
Brentford - 2 £500 - 2
Paddington -1 1 - -
Kingston Upon Thames - 1 £525 - 1
Uxbridge - 1 £375 -
Wembley - - - -
Surbiton - - - -
Enfield - - - -
Clapham - - - -
Southwark - - - -
Wimbledon - - - - 1
Mayfair - - - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 30 January 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 3087 (45.92%) Finance
2 2813 (41.85%) Investment Banking
3 1391 (20.69%) SQL
4 1073 (15.96%) Java
5 1065 (15.84%) Agile Software Development
6 903 (13.43%) Front Office
7 817 (12.15%) Oracle
8 728 (10.83%) UNIX
9 675 (10.04%) Project Management
10 669 (9.95%) Stakeholder Management
11 659 (9.80%) Windows
12 636 (9.46%) Linux
13 602 (8.96%) C#
14 571 (8.49%) Analytical Skills
15 533 (7.93%) Retail
16 527 (7.84%) Microsoft
17 501 (7.45%) SQL Server
18 496 (7.38%) Derivative
19 473 (7.04%) Foreign Exchange (FX)
20 470 (6.99%) Business Analysis
21 465 (6.92%) .NET
22 458 (6.81%) Degree
23 420 (6.25%) MS Excel
24 418 (6.22%) JavaScript
25 391 (5.82%) HTML
26 371 (5.52%) C++
27 361 (5.37%) Fixed Income
28 360 (5.36%) Multithreading
29 350 (5.21%) OO
30 347 (5.16%) Retail Banking

Banking
Top Related IT Skills in London by Category

For the 6 months to 30 January 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
1 191 (2.84%) SharePoint
2 109 (1.62%) WebSphere
3 76 (1.13%) WebLogic
4 75 (1.12%) Tomcat
5 63 (0.94%) MS Exchange
6 52 (0.77%) SAS
7 49 (0.73%) CMS
8 47 (0.70%) IBM Notes
9 44 (0.65%) Apache
10 40 (0.60%) IIS
11 39 (0.58%) JBoss
11 39 (0.58%) TIBCO EMS
11 39 (0.58%) Oracle Coherence
12 38 (0.57%) Lync
13 36 (0.54%) Exchange Server 2010
14 32 (0.48%) Confluence
15 30 (0.45%) Node.js
16 28 (0.42%) WebSphere Application Server
17 26 (0.39%) Blackberry Enterprise Server
17 26 (0.39%) Apache Spark
Applications
1 420 (6.25%) MS Excel
2 303 (4.51%) MS Office
3 187 (2.78%) MS PowerPoint
4 134 (1.99%) MS Project
5 116 (1.73%) MS Visio
6 33 (0.49%) Photoshop
7 30 (0.45%) Adobe Illustrator
8 28 (0.42%) Spreadsheet
9 8 (0.12%) Acrobat
10 7 (0.10%) Adobe Creative Suite
11 6 (0.089%) Open Workbench
11 6 (0.089%) OmniGraffle
12 3 (0.045%) InDesign
13 2 (0.030%) InfoPath
13 2 (0.030%) PowerPivot
14 1 (0.015%) DOC1
14 1 (0.015%) SPSS
14 1 (0.015%) RoboHelp
14 1 (0.015%) Fireworks
14 1 (0.015%) FrameMaker
Business Applications
1 37 (0.55%) Dynamics CRM
2 35 (0.52%) ION MarketView
3 34 (0.51%) Summit
4 28 (0.42%) Cognos TM1
5 24 (0.36%) RMDS
6 20 (0.30%) Markit EDM
6 20 (0.30%) SAP FI
7 17 (0.25%) IntelliMatch
8 16 (0.24%) Temenos T24
9 14 (0.21%) SAP CO
9 14 (0.21%) SAP FI/CO
10 12 (0.18%) Oracle Cash Management
10 12 (0.18%) Loan IQ
11 10 (0.15%) SAP Oil and Gas
12 8 (0.12%) assyst
12 8 (0.12%) Remedy ITSM
12 8 (0.12%) SAP HR
13 7 (0.10%) Global One
13 7 (0.10%) Endur
13 7 (0.10%) Oracle EBS
Cloud Services
1 32 (0.48%) SaaS
2 23 (0.34%) Cloud Computing
3 11 (0.16%) Microsoft Azure
4 9 (0.13%) GitHub
5 8 (0.12%) Force.com
6 7 (0.10%) Office 365
7 4 (0.060%) IBM Blueworks
8 3 (0.045%) Amazon AWS
8 3 (0.045%) Amazon S3
8 3 (0.045%) IBM SmartCloud
8 3 (0.045%) IaaS
9 2 (0.030%) Amazon EC2
9 2 (0.030%) PaaS
10 1 (0.015%) Heroku
10 1 (0.015%) CloudFront
10 1 (0.015%) Taleo
10 1 (0.015%) Google Cloud Platform
10 1 (0.015%) ElastiCache
10 1 (0.015%) Amazon ElastiCache
10 1 (0.015%) LucidChart
Communications & Networking
1 176 (2.62%) Firewall
2 121 (1.80%) TCP/IP
3 104 (1.55%) LAN
4 89 (1.32%) Internet
5 86 (1.28%) WAN
6 76 (1.13%) DNS
7 75 (1.12%) BGP
8 68 (1.01%) Multicast
9 65 (0.97%) SAN
10 60 (0.89%) OSPF
11 57 (0.85%) VPN
12 55 (0.82%) Network Security
13 47 (0.70%) EIGRP
13 47 (0.70%) MPLS
14 43 (0.64%) Cisco Nexus
15 37 (0.55%) Wireless
16 35 (0.52%) Intranet
17 28 (0.42%) FTP
18 27 (0.40%) SSL
18 27 (0.40%) Cisco IOS
Database & Business Intelligence
1 501 (7.45%) SQL Server
2 262 (3.90%) Data Warehouse
3 251 (3.73%) Relational Database
4 164 (2.44%) Big Data
5 163 (2.42%) SQL Server Integration Services
6 154 (2.29%) Oracle Database
7 119 (1.77%) Hadoop
8 112 (1.67%) SQL Server Reporting Services
9 105 (1.56%) QlikView
10 99 (1.47%) RDBMS
11 96 (1.43%) SQL Server 2008
12 80 (1.19%) DB2
13 70 (1.04%) Oracle Database 11g
14 63 (0.94%) NoSQL
15 60 (0.89%) MongoDB
16 56 (0.83%) SQL Server Analysis Services
17 51 (0.76%) MS Access
18 50 (0.74%) Data Mining
19 48 (0.71%) Apache Hive
19 48 (0.71%) HBase
Development Applications
1 139 (2.07%) JIRA
2 131 (1.95%) Maven
3 88 (1.31%) TeamCity
4 84 (1.25%) Subversion
5 75 (1.12%) JUnit
6 65 (0.97%) Git (software)
6 65 (0.97%) Ant
7 57 (0.85%) Visual Studio
8 50 (0.74%) NUnit
9 49 (0.73%) Selenium
10 36 (0.54%) Eclipse
11 34 (0.51%) Grunt
11 34 (0.51%) Jenkins
12 32 (0.48%) jMock
12 32 (0.48%) CruiseControl
13 30 (0.45%) Team Foundation Server
14 29 (0.43%) QuickTest Pro
15 26 (0.39%) Cucumber
15 26 (0.39%) WebDriver
16 25 (0.37%) Bower
General
1 3087 (45.92%) Finance
2 2813 (41.85%) Investment Banking
3 903 (13.43%) Front Office
4 533 (7.93%) Retail
5 347 (5.16%) Retail Banking
6 222 (3.30%) Back Office
7 202 (3.01%) Financial Institution
8 188 (2.80%) Legal
9 102 (1.52%) Telecoms
10 64 (0.95%) Law
11 58 (0.86%) Corporate Banking
12 51 (0.76%) Marketing
13 41 (0.61%) Private Banking
14 36 (0.54%) Advertising
15 34 (0.51%) International Banking
16 29 (0.43%) French Language
17 25 (0.37%) Manufacturing
18 23 (0.34%) Billing
19 22 (0.33%) General Ledger
20 21 (0.31%) Publishing
Job Titles
1 1798 (26.75%) Analyst
2 1770 (26.33%) Developer
3 1013 (15.07%) Business Analyst
4 710 (10.56%) Project Manager
5 468 (6.96%) Java Developer
6 360 (5.36%) Architect
7 330 (4.91%) Banking Business Analyst
8 262 (3.90%) Consultant
9 241 (3.59%) C# Developer
10 201 (2.99%) Senior Developer
11 195 (2.90%) Support Analyst
12 158 (2.35%) C++ Developer
13 143 (2.13%) Data Analyst
14 132 (1.96%) SQL Developer
15 129 (1.92%) Programme Manager
16 124 (1.84%) Applications Support
17 123 (1.83%) Senior Analyst
18 122 (1.81%) Administrator
19 117 (1.74%) Test Analyst
20 114 (1.70%) Test Manager
Libraries, Frameworks & Software Standards
1 465 (6.92%) .NET
2 391 (5.82%) HTML
3 256 (3.81%) XML
4 220 (3.27%) HTML5
5 199 (2.96%) CSS
6 183 (2.72%) WPF
7 181 (2.69%) Spring
8 165 (2.45%) Web Services
9 151 (2.25%) Middleware
10 145 (2.16%) FIX Protocol
11 134 (1.99%) AngularJS
12 127 (1.89%) WCF
13 126 (1.87%) Hibernate
14 116 (1.73%) jQuery
15 97 (1.44%) ASP.NET
16 96 (1.43%) JMS
17 87 (1.29%) J2EE
18 80 (1.19%) REST
19 79 (1.18%) .NET Framework
20 74 (1.10%) RESTful
Miscellaneous
1 571 (8.49%) Analytical Skills
2 496 (7.38%) Derivative
3 473 (7.04%) Foreign Exchange (FX)
4 361 (5.37%) Fixed Income
5 237 (3.53%) Equities
6 202 (3.01%) Credit Risk
7 199 (2.96%) Market Risk
8 167 (2.48%) User Experience
9 165 (2.45%) Computer Science
10 113 (1.68%) Equity Derivative
11 108 (1.61%) Management Information System
12 105 (1.56%) Blackberry
13 102 (1.52%) Mathematics
14 95 (1.41%) SWIFT
15 91 (1.35%) Data Structures
16 83 (1.23%) Credit Derivative
17 79 (1.18%) Mobile Banking
18 74 (1.10%) Mainframe
19 71 (1.06%) Reference Data
19 71 (1.06%) Mobile App
Operating Systems
1 728 (10.83%) UNIX
2 659 (9.80%) Windows
3 636 (9.46%) Linux
4 155 (2.31%) Windows 7
5 151 (2.25%) Solaris
6 120 (1.79%) Red Hat Enterprise Linux
7 113 (1.68%) Windows Server 2008
8 93 (1.38%) Windows XP
9 74 (1.10%) Windows Server 2003
10 67 (1.00%) Apple iOS
11 62 (0.92%) Android
12 44 (0.65%) SUSE
13 37 (0.55%) zOS
14 34 (0.51%) AIX
15 32 (0.48%) Windows Server 2012
16 12 (0.18%) HPUX
17 10 (0.15%) Windows 8
18 6 (0.089%) SUSE Linux Enterprise Server
18 6 (0.089%) Mac OS X
19 5 (0.074%) Oracle Linux
Processes & Methodologies
1 1065 (15.84%) Agile Software Development
2 675 (10.04%) Project Management
3 669 (9.95%) Stakeholder Management
4 470 (6.99%) Business Analysis
5 360 (5.36%) Multithreading
6 350 (5.21%) OO
7 340 (5.06%) Risk Management
8 336 (5.00%) TDD
9 328 (4.88%) User Acceptance Testing
10 300 (4.46%) Migration
11 295 (4.39%) Data Modelling
11 295 (4.39%) Low Latency
12 277 (4.12%) ITIL
13 274 (4.08%) Analytics
14 271 (4.03%) Business Intelligence
15 244 (3.63%) Change Management
16 241 (3.59%) Data Analysis
16 241 (3.59%) Scrum
17 212 (3.15%) ETL
18 210 (3.12%) PRINCE2
Programming Languages
1 1391 (20.69%) SQL
2 1073 (15.96%) Java
3 602 (8.96%) C#
4 418 (6.22%) JavaScript
5 371 (5.52%) C++
6 299 (4.45%) Python
7 255 (3.79%) Perl
8 219 (3.26%) VBA
9 161 (2.40%) Shell Script
10 155 (2.31%) PL/SQL
11 103 (1.53%) T-SQL
12 93 (1.38%) PowerShell
13 86 (1.28%) C
14 78 (1.16%) Scala
15 55 (0.82%) Bash Shell
16 51 (0.76%) VB
17 49 (0.73%) Ruby
18 48 (0.71%) Korn
19 43 (0.64%) VBScript
20 23 (0.34%) VB.NET
Qualifications
1 458 (6.81%) Degree
2 104 (1.55%) PMI Certification
3 103 (1.53%) Cisco Certification
4 83 (1.23%) ISEB
5 79 (1.18%) CCNP
6 74 (1.10%) PMP
7 37 (0.55%) CCNA
8 36 (0.54%) CCIE
8 36 (0.54%) PRINCE2 Certification
9 35 (0.52%) CISSP
10 30 (0.45%) Microsoft Certification
11 29 (0.43%) CISM
12 23 (0.34%) ITIL Certification
13 21 (0.31%) CISA
14 20 (0.30%) ISEB Practitioner
15 18 (0.27%) ISTQB
16 17 (0.25%) MBA
17 15 (0.22%) PRINCE2 Practitioner
18 14 (0.21%) Security Cleared
18 14 (0.21%) MCSE
Quality Assurance & Compliance
1 232 (3.45%) QA
2 94 (1.40%) EMIR
3 79 (1.18%) Dodd-Frank
4 58 (0.86%) FATCA
5 50 (0.74%) Sarbanes-Oxley
6 42 (0.62%) Basel III
7 41 (0.61%) ISO 9001
8 36 (0.54%) MiFID
9 35 (0.52%) Data Quality
10 30 (0.45%) SLA
11 25 (0.37%) COBIT
12 22 (0.33%) ISO/IEC 27001
13 14 (0.21%) FINREP
13 14 (0.21%) CRD IV
14 13 (0.19%) COREP
15 11 (0.16%) Basel II
16 8 (0.12%) PCI DSS
17 6 (0.089%) GAAP
18 3 (0.045%) ISO 9000
18 3 (0.045%) Solvency II
System Software
1 149 (2.22%) Active Directory
2 66 (0.98%) VMware Infrastructure
3 43 (0.64%) Oracle RAC
4 37 (0.55%) ACF2
5 36 (0.54%) vSphere
6 34 (0.51%) HDFS
7 32 (0.48%) XenApp
7 32 (0.48%) RACF
8 28 (0.42%) Veritas Cluster Server
9 25 (0.37%) Oracle RMAN
10 23 (0.34%) XenDesktop
10 23 (0.34%) Apache Flume
11 20 (0.30%) Microsoft App-V
12 17 (0.25%) Veritas Volume Manager
13 16 (0.24%) Apache ZooKeeper
14 15 (0.22%) VMware ESX
15 14 (0.21%) VMware ESXi
16 13 (0.19%) ProxySG
16 13 (0.19%) Hyper-V
17 12 (0.18%) NFS
Systems Management
1 134 (1.99%) HP Quality Center
2 86 (1.28%) Control-M
3 44 (0.65%) SCCM
4 37 (0.55%) Tivoli
4 37 (0.55%) ITRS Geneos
5 25 (0.37%) Puppet
6 21 (0.31%) Data Guard
7 20 (0.30%) Oozie
8 18 (0.27%) BMC PATROL
9 16 (0.24%) Ambari
9 16 (0.24%) SCOM
9 16 (0.24%) Tivoli Storage Manager
10 15 (0.22%) Opscode Chef
11 14 (0.21%) Hadoop YARN
12 12 (0.18%) Cisco CUCM
13 11 (0.16%) NetBackup
13 11 (0.16%) Symantec Enterprise Vault
14 10 (0.15%) HP SIM
14 10 (0.15%) CA SiteMinder
15 7 (0.10%) Oracle Enterprise Manager
Vendors
1 817 (12.15%) Oracle
2 527 (7.84%) Microsoft
3 232 (3.45%) Sybase
4 209 (3.11%) Cisco
5 178 (2.65%) IBM
6 145 (2.16%) Red Hat
7 139 (2.07%) VMware
7 139 (2.07%) HP
8 118 (1.76%) Citrix
9 108 (1.61%) SAP
10 102 (1.52%) TIBCO
11 92 (1.37%) F5
12 89 (1.32%) Informatica
13 87 (1.29%) CheckPoint
14 85 (1.26%) Business Objects
14 85 (1.26%) Bloomberg
15 83 (1.23%) Juniper
16 78 (1.16%) Cognos
17 76 (1.13%) Murex
18 66 (0.98%) Tableau
City, London
TEKsystems
Rate: £350 - £500 per day
Posted: 5 hours ago
City, London
TEKsystems
Rate: £550 - £625 per annum
Posted: 2 days ago
London
Experis Ltd
Rate: £350.00 - £430.00 per annum
Posted: 2 days ago
London
Hydrogen Group
Rate: £400.00 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: market rate
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £650.00 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £550.00 - £650.00 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 2 days ago
London
Cititec
Rate: competitive
Posted: 2 days ago
London
Nakama
Rate: From £475 to £475 per day
Posted: 2 days ago
West London
ARC IT Recruitment Ltd
Posted: 2 days ago
City, London
Hatstand Limited
Rate: £450 - £600 per day
Posted: 2 days ago
London
Experis Ltd
Rate: £450.00 - £495.00 per annum
Posted: 2 days ago
City, London
Lorien Resourcing
Posted: 2 days ago
London
ComputAppoint
Rate: £500 - £750 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £750.00 - £900.00 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £550 - £675 per day
Posted: 3 days ago
London
TEKsystems
Rate: £600 - £700 per annum
Posted: 3 days ago
London
Canary Wharf and City
Rate: Up to £125 per day
Posted: 3 days ago