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 27 April 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
27 Apr 2015
Same period 2014 Same period 2013
Banking
Rank 6 6 4
Rank change year-on-year
0 -2
Contract jobs citing Banking 3271 3506 4372
As % of all contract IT jobs located in London 14.64% 15.04% 20.20%
As % of the General category 32.15% 32.87% 39.48%
Number of daily rates quoted 2325 2686 3290
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £500 £520
Average daily rate % change year-on-year
- -3.84%
90% offered a daily rate of more than £350 £325 £375
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £420 £400 £375
% change year-on-year
+5.06% +6.66%
Number of hourly rates quoted 4 22 12
Average hourly rate £18.08 £19.50 £25.00
Average hourly rate % change year-on-year
-7.30% -22.00%
90% offered a hourly rate of more than £14.66 £12.50 £15.15
10% offered a hourly rate of more than £70.36 £45.75 £53.75
UK excluding London average hourly rate £10.44 £13.50 £19.00
% change year-on-year
-22.66% -28.94%
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
10173 10666 11073
As % of all contract IT jobs located in London 45.54% 45.75% 51.17%
Number of daily rates quoted 7189 7499 7837
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £300 £288 £300
10% offered a daily rate of more than £650 £650 £640
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 120 179 115
Average hourly rate £19.72 £21.88 £22.50
Average hourly rate % change year-on-year
-9.87% -2.77%
90% offered a hourly rate of more than £11.00 £12.50 £12.10
10% offered a hourly rate of more than £40.00 £47.50 £48.22
UK excluding London average hourly rate £25.00 £25.00 £26.50
% change year-on-year
- -5.66%

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 27 April 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 27 April 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 27 April 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 0 1080 £500 - 288
Canary Wharf +7 41 £525 -4.54%
Docklands, London -1 29 £553 +9.95% 5
Croydon +4 9 £450 -18.18%
Bromley +5 3 £500 -4.76% 1
Brentford - 3 £488 - 1
Kingston Upon Thames -3 1 £525 +40.00%
Southwark - 1 £363 -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 27 April 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 3137 (49.35%) Finance
2 2609 (41.05%) Investment Banking
3 1416 (22.28%) SQL
4 1065 (16.76%) Agile Software Development
5 983 (15.47%) Java
6 789 (12.41%) Front Office
7 739 (11.63%) Oracle
8 714 (11.23%) Stakeholder Management
9 675 (10.62%) UNIX
10 669 (10.53%) Project Management
11 642 (10.10%) C#
12 564 (8.87%) Retail
13 554 (8.72%) SQL Server
14 547 (8.61%) Linux
15 544 (8.56%) Analytical Skills
16 523 (8.23%) Derivative
17 517 (8.13%) .NET
18 503 (7.91%) Windows
19 484 (7.61%) Microsoft
19 484 (7.61%) Business Analysis
20 482 (7.58%) JavaScript
21 445 (7.00%) HTML
22 430 (6.77%) MS Excel
23 413 (6.50%) Degree
24 386 (6.07%) Foreign Exchange (FX)
25 362 (5.70%) Retail Banking
26 354 (5.57%) Fixed Income
27 336 (5.29%) Data Modelling
28 330 (5.19%) C++
29 329 (5.18%) OO

Banking
Top Related IT Skills in London by Category

For the 6 months to 27 April 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
1 143 (2.25%) SharePoint
2 92 (1.45%) WebSphere
3 76 (1.20%) SAS
4 58 (0.91%) WebLogic
5 52 (0.82%) Tomcat
6 51 (0.80%) MS Exchange
7 44 (0.69%) Confluence
7 44 (0.69%) Apache Spark
8 40 (0.63%) Apache
8 40 (0.63%) IIS
9 32 (0.50%) IBM Notes
10 31 (0.49%) Lync
11 29 (0.46%) Oracle Coherence
11 29 (0.46%) Blackberry Enterprise Server
12 27 (0.42%) JBoss
13 24 (0.38%) WebSphere Application Server
13 24 (0.38%) MQSeries
14 23 (0.36%) Oracle Workflow
14 23 (0.36%) Node.js
15 22 (0.35%) CMS
Applications
1 430 (6.77%) MS Excel
2 289 (4.55%) MS Office
3 185 (2.91%) MS PowerPoint
4 134 (2.11%) MS Project
5 124 (1.95%) MS Visio
6 29 (0.46%) Photoshop
7 23 (0.36%) Spreadsheet
8 19 (0.30%) Adobe Illustrator
9 6 (0.094%) Acrobat
9 6 (0.094%) Open Workbench
10 5 (0.079%) Adobe Creative Suite
11 4 (0.063%) OmniGraffle
12 2 (0.031%) PowerPivot
12 2 (0.031%) InfoPath
13 1 (0.016%) InDesign
13 1 (0.016%) Casewise Modeler
Business Applications
1 38 (0.60%) Dynamics CRM
2 21 (0.33%) ION MarketView
3 20 (0.31%) Markit EDM
4 18 (0.28%) SAP FI
4 18 (0.28%) SAP FI/CO
4 18 (0.28%) SAP CO
5 17 (0.27%) RMDS
6 15 (0.24%) Summit
7 13 (0.20%) Cognos TM1
7 13 (0.20%) Temenos T24
7 13 (0.20%) IntelliMatch
8 10 (0.16%) thinkFolio
9 9 (0.14%) Eikon
9 9 (0.14%) Oracle General Ledger
10 8 (0.13%) Loan IQ
10 8 (0.13%) Oracle Cash Management
11 7 (0.11%) assyst
11 7 (0.11%) Global One
12 6 (0.094%) Oracle Applications
12 6 (0.094%) HFM
Cloud Services
1 27 (0.42%) SaaS
2 9 (0.14%) PaaS
2 9 (0.14%) Adobe Analytics
3 8 (0.13%) GitHub
4 7 (0.11%) Microsoft Azure
4 7 (0.11%) Amazon AWS
5 6 (0.094%) Cloud Computing
6 5 (0.079%) IBM Blueworks
7 3 (0.047%) IaaS
7 3 (0.047%) Google Analytics
7 3 (0.047%) Amazon S3
7 3 (0.047%) Office 365
8 2 (0.031%) Force.com
8 2 (0.031%) Amazon EC2
9 1 (0.016%) CloudFront
9 1 (0.016%) Amazon EMR
9 1 (0.016%) Amazon ELB
9 1 (0.016%) Lucidchart
9 1 (0.016%) IBM SmartCloud
9 1 (0.016%) Amazon ElastiCache
Communications & Networking
1 141 (2.22%) Firewall
2 100 (1.57%) Internet
3 92 (1.45%) TCP/IP
4 72 (1.13%) LAN
5 70 (1.10%) SAN
6 66 (1.04%) Multicast
7 61 (0.96%) DNS
8 53 (0.83%) WAN
8 53 (0.83%) BGP
9 49 (0.77%) VPN
10 40 (0.63%) MPLS
11 39 (0.61%) OSPF
11 39 (0.61%) EIGRP
12 38 (0.60%) Network Security
13 36 (0.57%) NAS
14 33 (0.52%) Cisco Nexus
15 31 (0.49%) Wireless
16 27 (0.42%) HTTP
17 24 (0.38%) FTP
17 24 (0.38%) Intranet
Database & Business Intelligence
1 554 (8.72%) SQL Server
2 315 (4.96%) Data Warehouse
3 241 (3.79%) Relational Database
4 186 (2.93%) SQL Server Integration Services
5 163 (2.56%) Big Data
6 144 (2.27%) Oracle Database
7 136 (2.14%) Hadoop
8 134 (2.11%) SQL Server Reporting Services
9 117 (1.84%) SQL Server 2008
10 115 (1.81%) QlikView
11 101 (1.59%) RDBMS
12 75 (1.18%) Oracle Database 11g
13 72 (1.13%) MS Access
14 68 (1.07%) Data Mining
15 67 (1.05%) SQL Server Analysis Services
16 60 (0.94%) SQL Server 2005
17 54 (0.85%) DB2
18 51 (0.80%) SQL Server 2012
19 46 (0.72%) NoSQL
20 43 (0.68%) Apache Hive
Development Applications
1 153 (2.41%) JIRA
2 105 (1.65%) Maven
3 97 (1.53%) Subversion
4 85 (1.34%) TeamCity
5 50 (0.79%) Git (software)
6 49 (0.77%) Visual Studio
7 48 (0.76%) NUnit
8 45 (0.71%) Selenium
9 39 (0.61%) Jenkins
10 38 (0.60%) Grunt
10 38 (0.60%) jMock
11 36 (0.57%) Ant
12 28 (0.44%) JUnit
12 28 (0.44%) Eclipse
13 27 (0.42%) Bower
14 26 (0.41%) WebDriver
15 25 (0.39%) QuickTest Pro
16 21 (0.33%) Cucumber
17 20 (0.31%) ERwin
18 19 (0.30%) Team Foundation Server
General
1 3137 (49.35%) Finance
2 2609 (41.05%) Investment Banking
3 789 (12.41%) Front Office
4 564 (8.87%) Retail
5 362 (5.70%) Retail Banking
6 223 (3.51%) Back Office
7 198 (3.12%) Legal
8 171 (2.69%) Financial Institution
9 108 (1.70%) Telecoms
10 79 (1.24%) Law
11 77 (1.21%) Corporate Banking
12 62 (0.98%) Marketing
13 43 (0.68%) Private Banking
14 40 (0.63%) General Ledger
15 39 (0.61%) Advertising
16 27 (0.42%) Billing
17 26 (0.41%) International Banking
18 20 (0.31%) Wholesale Banking
19 17 (0.27%) Publishing
19 17 (0.27%) Manufacturing
Job Titles
1 1765 (27.77%) Analyst
2 1719 (27.05%) Developer
3 987 (15.53%) Business Analyst
4 697 (10.97%) Project Manager
5 429 (6.75%) Java Developer
6 328 (5.16%) Architect
7 284 (4.47%) Banking Business Analyst
8 247 (3.89%) C# Developer
9 224 (3.52%) Consultant
10 215 (3.38%) Senior Developer
11 163 (2.56%) SQL Developer
12 159 (2.50%) Support Analyst
13 151 (2.38%) Data Analyst
14 132 (2.08%) C++ Developer
15 127 (2.00%) Senior Analyst
16 125 (1.97%) Test Manager
17 121 (1.90%) .NET Developer
18 119 (1.87%) Programme Manager
19 115 (1.81%) Test Analyst
19 115 (1.81%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 517 (8.13%) .NET
2 445 (7.00%) HTML
3 275 (4.33%) HTML5
4 253 (3.98%) XML
5 197 (3.10%) CSS
6 193 (3.04%) AngularJS
7 160 (2.52%) WPF
8 149 (2.34%) Spring
9 138 (2.17%) Web Services
10 135 (2.12%) FIX Protocol
11 118 (1.86%) Hibernate
12 117 (1.84%) ASP.NET
13 111 (1.75%) Middleware
14 109 (1.71%) WCF
15 105 (1.65%) jQuery
16 98 (1.54%) .NET Framework
17 90 (1.42%) RESTful
18 86 (1.35%) JMS
19 77 (1.21%) REST
20 70 (1.10%) J2EE
Miscellaneous
1 544 (8.56%) Analytical Skills
2 523 (8.23%) Derivative
3 386 (6.07%) Foreign Exchange (FX)
4 354 (5.57%) Fixed Income
5 276 (4.34%) Equities
6 185 (2.91%) Credit Risk
7 183 (2.88%) User Experience
8 170 (2.67%) Market Risk
9 156 (2.45%) Equity Derivative
10 150 (2.36%) Computer Science
11 96 (1.51%) Management Information System
12 94 (1.48%) SWIFT
13 87 (1.37%) Mathematics
14 81 (1.27%) Blackberry
15 71 (1.12%) Visualisation
16 63 (0.99%) Reference Data
17 57 (0.90%) Mobile Banking
17 57 (0.90%) Online Banking
18 56 (0.88%) Mobile App
19 49 (0.77%) Data Structures
Operating Systems
1 675 (10.62%) UNIX
2 547 (8.61%) Linux
3 503 (7.91%) Windows
4 118 (1.86%) Solaris
5 99 (1.56%) Windows 7
6 89 (1.40%) Windows Server 2008
7 86 (1.35%) Red Hat Enterprise Linux
8 68 (1.07%) Windows Server 2003
9 67 (1.05%) Windows XP
10 51 (0.80%) Android
11 49 (0.77%) Apple iOS
12 39 (0.61%) Windows Server 2012
13 33 (0.52%) SUSE
14 27 (0.42%) AIX
15 18 (0.28%) zOS
16 12 (0.19%) Windows 8
17 6 (0.094%) Oracle Linux
17 6 (0.094%) HPUX
18 5 (0.079%) Windows Phone
19 4 (0.063%) SUSE Linux Enterprise Server
Processes & Methodologies
1 1065 (16.76%) Agile Software Development
2 714 (11.23%) Stakeholder Management
3 669 (10.53%) Project Management
4 484 (7.61%) Business Analysis
5 336 (5.29%) Data Modelling
6 329 (5.18%) OO
7 323 (5.08%) TDD
8 303 (4.77%) Risk Management
9 300 (4.72%) User Acceptance Testing
10 297 (4.67%) Migration
11 285 (4.48%) Analytics
12 261 (4.11%) Multithreading
13 257 (4.04%) Business Intelligence
14 247 (3.89%) ITIL
15 237 (3.73%) Data Analysis
16 231 (3.63%) Change Management
17 225 (3.54%) Scrum
17 225 (3.54%) Low Latency
18 215 (3.38%) ETL
19 212 (3.34%) PRINCE2
Programming Languages
1 1416 (22.28%) SQL
2 983 (15.47%) Java
3 642 (10.10%) C#
4 482 (7.58%) JavaScript
5 330 (5.19%) C++
6 317 (4.99%) Python
7 214 (3.37%) VBA
8 206 (3.24%) Perl
9 153 (2.41%) PL/SQL
10 146 (2.30%) Shell Script
11 122 (1.92%) T-SQL
12 88 (1.38%) C
13 72 (1.13%) Scala
14 54 (0.85%) PowerShell
15 48 (0.76%) VB.NET
16 47 (0.74%) VB
17 43 (0.68%) Bash Shell
18 37 (0.58%) VBScript
19 36 (0.57%) Korn
20 32 (0.50%) Ruby
Qualifications
1 413 (6.50%) Degree
2 91 (1.43%) PMI Certification
3 85 (1.34%) ISEB
4 77 (1.21%) Cisco Certification
5 67 (1.05%) PMP
6 57 (0.90%) CCNP
7 49 (0.77%) ISTQB
8 38 (0.60%) PRINCE2 Certification
9 33 (0.52%) CCNA
10 29 (0.46%) CCIE
10 29 (0.46%) CISSP
11 28 (0.44%) Microsoft Certification
12 27 (0.42%) ITIL Certification
13 19 (0.30%) CISA
14 18 (0.28%) ISTQB Foundation Certification
15 16 (0.25%) MCSE
16 12 (0.19%) CISM
17 11 (0.17%) ISEB Practitioner
17 11 (0.17%) MCITP
17 11 (0.17%) Security Cleared
Quality Assurance & Compliance
1 225 (3.54%) QA
2 95 (1.49%) EMIR
3 73 (1.15%) Dodd-Frank
4 72 (1.13%) FATCA
5 39 (0.61%) Basel III
6 34 (0.53%) Data Quality
7 33 (0.52%) MiFID
8 31 (0.49%) SLA
9 27 (0.42%) Sarbanes-Oxley
10 17 (0.27%) ISO 9001
10 17 (0.27%) COREP
11 16 (0.25%) Basel II
12 15 (0.24%) ISO/IEC 27001
13 14 (0.22%) COBIT
13 14 (0.22%) CRD IV
14 13 (0.20%) PCI DSS
15 10 (0.16%) FINREP
16 6 (0.094%) ISO 9000
17 4 (0.063%) GAAP
17 4 (0.063%) AIFMD
System Software
1 119 (1.87%) Active Directory
2 73 (1.15%) VMware Infrastructure
3 37 (0.58%) Oracle RAC
4 27 (0.42%) vSphere
5 26 (0.41%) HDFS
6 22 (0.35%) XenApp
7 18 (0.28%) Veritas Cluster Server
8 17 (0.27%) XenDesktop
8 17 (0.27%) NFS
9 16 (0.25%) Microsoft App-V
10 13 (0.20%) VMware ESX
10 13 (0.20%) Hyper-V
11 12 (0.19%) Veritas Volume Manager
11 12 (0.19%) ACF2
12 11 (0.17%) KVM
13 10 (0.16%) Apache Flume
14 9 (0.14%) VMware ESXi
15 8 (0.13%) RACF
16 7 (0.11%) SRDF
17 6 (0.094%) ProxySG
Systems Management
1 97 (1.53%) HP Quality Center
2 50 (0.79%) Control-M
3 32 (0.50%) ITRS Geneos
4 29 (0.46%) SCCM
5 20 (0.31%) Tivoli
5 20 (0.31%) Puppet
6 18 (0.28%) Opscode Chef
7 17 (0.27%) Data Guard
8 16 (0.25%) Hadoop YARN
9 13 (0.20%) SCOM
9 13 (0.20%) Oracle RMAN
9 13 (0.20%) CA Single Sign-On
10 12 (0.19%) NetBackup
11 9 (0.14%) Tivoli Storage Manager
11 9 (0.14%) Oozie
12 8 (0.13%) Cisco Prime
12 8 (0.13%) HP Operations Orchestration
13 7 (0.11%) BladeLogic
14 6 (0.094%) Netcool
14 6 (0.094%) Nagios
Vendors
1 739 (11.63%) Oracle
2 484 (7.61%) Microsoft
3 208 (3.27%) IBM
4 204 (3.21%) Sybase
5 159 (2.50%) Cisco
6 117 (1.84%) VMware
7 100 (1.57%) HP
7 100 (1.57%) TIBCO
8 93 (1.46%) Citrix
9 90 (1.42%) Red Hat
10 88 (1.38%) Informatica
11 80 (1.26%) SAP
12 73 (1.15%) Cognos
13 68 (1.07%) Bloomberg
14 66 (1.04%) F5
15 60 (0.94%) Reuters
15 60 (0.94%) Business Objects
16 58 (0.91%) Juniper
17 56 (0.88%) CheckPoint
18 54 (0.85%) EMC
London
Networking People
Posted: 14 hours ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 15 hours ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 15 hours ago
City, London
ComputAppoint
Rate: £350 - £400 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £600.00 - £900.00 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £450.00 - £650.00 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £500.00 - £750.00 per day
Posted: 2 days ago
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £450 - £525 per annum
Posted: 2 days ago
London
Initi8 Recruitment
Posted: 2 days ago
City, London
Hays Finance Technology
Rate: £400.00 - £450.00 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £600 per day + depending on experience
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £575 per day + depending on experience
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day + depending on experience
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £600 per day + depending on experience
Posted: 2 days ago
London
Opus Recruitment Solutions Ltd
Rate: £650 - £700 per day
Posted: 2 days ago
City, London
Randstad Technologies
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
Lorien Resourcing
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £450 - £480 per day + 6 mo
Posted: 2 days ago
London
Lorien Resourcing
Posted: 2 days ago