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 March 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 Mar 2015
Same period 2014 Same period 2013
Banking
Rank 6 5 4
Rank change year-on-year
-1 -1
Contract jobs citing Banking 3231 3504 4091
As % of all contract IT jobs located in London 15.11% 15.64% 19.81%
As % of the General category 32.73% 33.70% 38.78%
Number of daily rates quoted 2331 2676 3121
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £510 £515
Average daily rate % change year-on-year
-1.96% -0.97%
90% offered a daily rate of more than £350 £337 £350
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £425 £400 £380
% change year-on-year
+6.25% +5.26%
Number of hourly rates quoted 5 26 20
Average hourly rate £18.70 £20.00 £25.00
Average hourly rate % change year-on-year
-6.50% -20.00%
90% offered a hourly rate of more than £15.06 £12.50 £15.00
10% offered a hourly rate of more than £64.00 £48.75 £42.50
UK excluding London average hourly rate £10.44 £10.97 £18.50
% change year-on-year
-4.83% -40.70%
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
9872 10399 10549
As % of all contract IT jobs located in London 46.17% 46.41% 51.07%
Number of daily rates quoted 6975 7278 7569
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £300 £298 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 112 202 118
Average hourly rate £19.01 £22.00 £23.00
Average hourly rate % change year-on-year
-13.60% -4.34%
90% offered a hourly rate of more than £11.00 £14.00 £14.00
10% offered a hourly rate of more than £53.87 £47.50 £43.50
UK excluding London average hourly rate £24.00 £22.50 £27.50
% change year-on-year
+6.66% -18.18%

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 March 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 March 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 March 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 1006 £500 -4.76% 306
Docklands, London +1 32 £514 -0.48% 7
Canary Wharf +3 25 £520 -5.45%
Bromley +4 4 £463 -11.90% 2
Brentford - 4 £500 - 1
Romford 0 1 £600 +9.09% 4
Kingston Upon Thames -4 1 £525 +40.00% 7
Southwark - 1 £363 -
Wimbledon - - - -
Mayfair - - - -
Enfield - - - -
Hayes - - - -
Surbiton - - - - 2
Twickenham - - - -
Wembley - - - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 27 March 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 3114 (47.86%) Finance
2 2697 (41.45%) Investment Banking
3 1417 (21.78%) SQL
4 1054 (16.20%) Agile Software Development
5 1049 (16.12%) Java
6 823 (12.65%) Front Office
7 754 (11.59%) Oracle
8 705 (10.84%) Stakeholder Management
9 683 (10.50%) UNIX
10 666 (10.24%) Project Management
11 618 (9.50%) C#
12 570 (8.76%) Linux
13 560 (8.61%) Analytical Skills
14 556 (8.55%) Retail
15 540 (8.30%) Derivative
16 536 (8.24%) Windows
17 531 (8.16%) SQL Server
18 511 (7.85%) .NET
19 496 (7.62%) Business Analysis
20 472 (7.25%) JavaScript
21 455 (6.99%) Microsoft
22 444 (6.82%) HTML
23 433 (6.66%) Foreign Exchange (FX)
24 426 (6.55%) MS Excel
25 422 (6.49%) Degree
26 381 (5.86%) Fixed Income
27 364 (5.59%) Retail Banking
28 335 (5.15%) C++
28 335 (5.15%) User Acceptance Testing
29 332 (5.10%) OO

Banking
Top Related IT Skills in London by Category

For the 6 months to 27 March 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
1 155 (2.38%) SharePoint
2 98 (1.51%) WebSphere
3 68 (1.05%) SAS
4 64 (0.98%) Tomcat
5 62 (0.95%) WebLogic
6 53 (0.81%) MS Exchange
7 48 (0.74%) TIBCO EMS
8 42 (0.65%) Confluence
9 41 (0.63%) Apache
10 40 (0.61%) Apache Spark
11 36 (0.55%) Lync
12 35 (0.54%) IIS
12 35 (0.54%) CMS
13 32 (0.49%) IBM Notes
14 31 (0.48%) JBoss
15 30 (0.46%) Node.js
16 27 (0.42%) Oracle Coherence
16 27 (0.42%) Blackberry Enterprise Server
17 26 (0.40%) WebSphere Application Server
18 23 (0.35%) Exchange Server 2010
Applications
1 426 (6.55%) MS Excel
2 289 (4.44%) MS Office
3 184 (2.83%) MS PowerPoint
4 128 (1.97%) MS Project
5 119 (1.83%) MS Visio
6 33 (0.51%) Photoshop
7 27 (0.42%) Adobe Illustrator
8 22 (0.34%) Spreadsheet
9 9 (0.14%) Open Workbench
10 8 (0.12%) Acrobat
11 6 (0.092%) Adobe Creative Suite
12 5 (0.077%) OmniGraffle
13 2 (0.031%) InDesign
13 2 (0.031%) PowerPivot
13 2 (0.031%) InfoPath
14 1 (0.015%) SPSS
14 1 (0.015%) FrameMaker
14 1 (0.015%) RoboHelp
Business Applications
1 31 (0.48%) Summit
2 29 (0.45%) Dynamics CRM
3 26 (0.40%) ION MarketView
4 24 (0.37%) RMDS
5 21 (0.32%) Markit EDM
6 18 (0.28%) SAP FI
7 17 (0.26%) SAP FI/CO
7 17 (0.26%) SAP CO
8 15 (0.23%) Cognos TM1
9 14 (0.22%) IntelliMatch
9 14 (0.22%) Temenos T24
10 12 (0.18%) Oracle Cash Management
11 9 (0.14%) thinkFolio
11 9 (0.14%) Oracle General Ledger
11 9 (0.14%) SunGard GMI
11 9 (0.14%) SiteCatalyst
12 8 (0.12%) Eikon
12 8 (0.12%) Loan IQ
13 7 (0.11%) Algo Collateral
13 7 (0.11%) assyst
Cloud Services
1 30 (0.46%) SaaS
2 9 (0.14%) Cloud Computing
3 8 (0.12%) GitHub
4 6 (0.092%) Microsoft Azure
5 4 (0.061%) IBM Blueworks
5 4 (0.061%) PaaS
6 3 (0.046%) Office 365
6 3 (0.046%) Amazon S3
6 3 (0.046%) Amazon AWS
6 3 (0.046%) Force.com
6 3 (0.046%) IBM SmartCloud
7 2 (0.031%) Amazon EC2
7 2 (0.031%) IaaS
8 1 (0.015%) CloudFront
8 1 (0.015%) Heroku
8 1 (0.015%) Google Cloud Platform
8 1 (0.015%) Amazon ElastiCache
8 1 (0.015%) LucidChart
8 1 (0.015%) ElastiCache
8 1 (0.015%) Amazon EMR
Communications & Networking
1 151 (2.32%) Firewall
2 103 (1.58%) Internet
3 97 (1.49%) TCP/IP
4 83 (1.28%) LAN
5 65 (1.00%) WAN
6 64 (0.98%) SAN
7 62 (0.95%) BGP
8 61 (0.94%) Multicast
8 61 (0.94%) DNS
9 48 (0.74%) VPN
10 47 (0.72%) OSPF
10 47 (0.72%) Network Security
11 43 (0.66%) MPLS
12 40 (0.61%) EIGRP
12 40 (0.61%) Wireless
13 37 (0.57%) Cisco Nexus
14 28 (0.43%) Intranet
15 26 (0.40%) FTP
15 26 (0.40%) HTTP
15 26 (0.40%) NAS
Database & Business Intelligence
1 531 (8.16%) SQL Server
2 311 (4.78%) Data Warehouse
3 263 (4.04%) Relational Database
4 178 (2.74%) SQL Server Integration Services
5 152 (2.34%) Big Data
6 145 (2.23%) Oracle Database
7 138 (2.12%) Hadoop
8 127 (1.95%) SQL Server Reporting Services
9 119 (1.83%) QlikView
10 118 (1.81%) SQL Server 2008
11 105 (1.61%) RDBMS
12 76 (1.17%) Oracle Database 11g
12 76 (1.17%) MS Access
13 70 (1.08%) Data Mining
14 64 (0.98%) DB2
14 64 (0.98%) SQL Server Analysis Services
15 55 (0.85%) SQL Server 2005
16 43 (0.66%) Apache Hive
17 41 (0.63%) HBase
17 41 (0.63%) DataStage
Development Applications
1 142 (2.18%) JIRA
2 122 (1.88%) Maven
3 93 (1.43%) Subversion
4 88 (1.35%) TeamCity
5 62 (0.95%) NUnit
6 60 (0.92%) Git (software)
7 56 (0.86%) Selenium
8 53 (0.81%) Visual Studio
9 52 (0.80%) Ant
10 44 (0.68%) JUnit
11 39 (0.60%) Grunt
12 38 (0.58%) Jenkins
13 37 (0.57%) QuickTest Pro
14 35 (0.54%) jMock
15 29 (0.45%) Bower
15 29 (0.45%) Eclipse
16 28 (0.43%) WebDriver
17 25 (0.38%) Cucumber
18 22 (0.34%) MSI
18 22 (0.34%) CruiseControl
General
1 3114 (47.86%) Finance
2 2697 (41.45%) Investment Banking
3 823 (12.65%) Front Office
4 556 (8.55%) Retail
5 364 (5.59%) Retail Banking
6 241 (3.70%) Back Office
7 192 (2.95%) Legal
8 185 (2.84%) Financial Institution
9 105 (1.61%) Telecoms
10 72 (1.11%) Law
11 68 (1.05%) Corporate Banking
12 52 (0.80%) Marketing
13 39 (0.60%) Private Banking
14 38 (0.58%) Advertising
15 34 (0.52%) General Ledger
16 29 (0.45%) Billing
17 27 (0.42%) International Banking
18 21 (0.32%) Publishing
19 19 (0.29%) French Language
20 17 (0.26%) Wholesale Banking
Job Titles
1 1785 (27.44%) Analyst
2 1761 (27.07%) Developer
3 1024 (15.74%) Business Analyst
4 697 (10.71%) Project Manager
5 444 (6.82%) Java Developer
6 345 (5.30%) Architect
7 297 (4.57%) Banking Business Analyst
8 253 (3.89%) C# Developer
9 227 (3.49%) Consultant
10 199 (3.06%) Senior Developer
11 166 (2.55%) Support Analyst
12 139 (2.14%) SQL Developer
13 137 (2.11%) C++ Developer
14 136 (2.09%) Data Analyst
15 132 (2.03%) Programme Manager
16 131 (2.01%) Test Manager
17 129 (1.98%) Senior Analyst
18 128 (1.97%) Investment Banking Business Analyst
19 120 (1.84%) Senior Manager
20 118 (1.81%) Test Analyst
Libraries, Frameworks & Software Standards
1 511 (7.85%) .NET
2 444 (6.82%) HTML
3 273 (4.20%) HTML5
4 260 (4.00%) XML
5 209 (3.21%) CSS
6 177 (2.72%) AngularJS
7 174 (2.67%) WPF
8 166 (2.55%) Spring
9 144 (2.21%) Web Services
10 134 (2.06%) FIX Protocol
11 123 (1.89%) Hibernate
12 119 (1.83%) Middleware
12 119 (1.83%) jQuery
13 118 (1.81%) WCF
14 99 (1.52%) ASP.NET
15 93 (1.43%) JMS
16 89 (1.37%) .NET Framework
17 84 (1.29%) RESTful
18 77 (1.18%) REST
19 71 (1.09%) SOAP
Miscellaneous
1 560 (8.61%) Analytical Skills
2 540 (8.30%) Derivative
3 433 (6.66%) Foreign Exchange (FX)
4 381 (5.86%) Fixed Income
5 271 (4.17%) Equities
6 193 (2.97%) Credit Risk
7 177 (2.72%) Market Risk
8 168 (2.58%) User Experience
9 150 (2.31%) Computer Science
10 143 (2.20%) Equity Derivative
11 105 (1.61%) SWIFT
12 99 (1.52%) Mathematics
13 91 (1.40%) Management Information System
14 81 (1.25%) Blackberry
15 74 (1.14%) Visualisation
16 63 (0.97%) Online Banking
17 62 (0.95%) Mobile App
18 59 (0.91%) Credit Derivative
18 59 (0.91%) Mobile Banking
19 57 (0.88%) Reference Data
Operating Systems
1 683 (10.50%) UNIX
2 570 (8.76%) Linux
3 536 (8.24%) Windows
4 132 (2.03%) Solaris
5 116 (1.78%) Windows 7
6 96 (1.48%) Windows Server 2008
7 87 (1.34%) Red Hat Enterprise Linux
8 74 (1.14%) Windows XP
9 70 (1.08%) Windows Server 2003
10 54 (0.83%) Apple iOS
11 52 (0.80%) Android
12 43 (0.66%) Windows Server 2012
13 37 (0.57%) SUSE
14 31 (0.48%) AIX
15 24 (0.37%) zOS
16 12 (0.18%) Windows 8
17 11 (0.17%) HPUX
18 4 (0.061%) Windows Phone
18 4 (0.061%) SUSE Linux Enterprise Server
18 4 (0.061%) Oracle Linux
Processes & Methodologies
1 1054 (16.20%) Agile Software Development
2 705 (10.84%) Stakeholder Management
3 666 (10.24%) Project Management
4 496 (7.62%) Business Analysis
5 335 (5.15%) User Acceptance Testing
6 332 (5.10%) OO
7 328 (5.04%) Data Modelling
8 327 (5.03%) Risk Management
8 327 (5.03%) TDD
9 306 (4.70%) Migration
10 302 (4.64%) Analytics
11 300 (4.61%) Multithreading
12 268 (4.12%) ITIL
13 259 (3.98%) Low Latency
14 256 (3.93%) Business Intelligence
15 240 (3.69%) Change Management
15 240 (3.69%) Data Analysis
16 228 (3.50%) PRINCE2
17 225 (3.46%) Scrum
18 216 (3.32%) ETL
Programming Languages
1 1417 (21.78%) SQL
2 1049 (16.12%) Java
3 618 (9.50%) C#
4 472 (7.25%) JavaScript
5 335 (5.15%) C++
6 305 (4.69%) Python
7 226 (3.47%) VBA
8 220 (3.38%) Perl
9 155 (2.38%) Shell Script
10 150 (2.31%) PL/SQL
11 107 (1.64%) T-SQL
12 85 (1.31%) C
13 78 (1.20%) Scala
14 59 (0.91%) PowerShell
15 49 (0.75%) Bash Shell
16 47 (0.72%) VB
17 46 (0.71%) VB.NET
18 42 (0.65%) Korn
19 37 (0.57%) Ruby
20 32 (0.49%) VBScript
Qualifications
1 422 (6.49%) Degree
2 101 (1.55%) PMI Certification
3 100 (1.54%) ISEB
4 91 (1.40%) Cisco Certification
5 74 (1.14%) PMP
6 63 (0.97%) CCNP
7 44 (0.68%) ISTQB
8 41 (0.63%) PRINCE2 Certification
9 37 (0.57%) CCNA
10 31 (0.48%) CCIE
11 29 (0.45%) CISSP
12 28 (0.43%) Microsoft Certification
13 21 (0.32%) ISEB Practitioner
13 21 (0.32%) ITIL Certification
14 20 (0.31%) CISA
15 18 (0.28%) MCSE
16 15 (0.23%) MBA
16 15 (0.23%) CISM
17 14 (0.22%) ISTQB Foundation Certification
18 10 (0.15%) APMP
Quality Assurance & Compliance
1 234 (3.60%) QA
2 91 (1.40%) EMIR
3 73 (1.12%) FATCA
3 73 (1.12%) Dodd-Frank
4 39 (0.60%) Sarbanes-Oxley
5 37 (0.57%) Basel III
6 35 (0.54%) Data Quality
7 34 (0.52%) SLA
8 28 (0.43%) ISO 9001
9 26 (0.40%) MiFID
10 17 (0.26%) Basel II
10 17 (0.26%) COREP
11 16 (0.25%) CRD IV
11 16 (0.25%) ISO/IEC 27001
12 15 (0.23%) COBIT
12 15 (0.23%) FINREP
13 13 (0.20%) PCI DSS
14 5 (0.077%) GAAP
15 4 (0.061%) AIFMD
15 4 (0.061%) ISO 9000
System Software
1 123 (1.89%) Active Directory
2 74 (1.14%) VMware Infrastructure
3 42 (0.65%) Oracle RAC
4 29 (0.45%) vSphere
5 24 (0.37%) HDFS
6 22 (0.34%) XenApp
7 21 (0.32%) Microsoft App-V
8 20 (0.31%) ACF2
9 18 (0.28%) RACF
9 18 (0.28%) Veritas Cluster Server
10 17 (0.26%) XenDesktop
11 14 (0.22%) Hyper-V
12 13 (0.20%) NFS
13 12 (0.18%) KVM
13 12 (0.18%) VMware ESX
13 12 (0.18%) Veritas Volume Manager
13 12 (0.18%) VMware ESXi
14 10 (0.15%) ProxySG
14 10 (0.15%) Apache Flume
15 7 (0.11%) SRDF
Systems Management
1 123 (1.89%) HP Quality Center
2 63 (0.97%) Control-M
3 39 (0.60%) ITRS Geneos
4 36 (0.55%) SCCM
5 27 (0.42%) Tivoli
6 19 (0.29%) Data Guard
6 19 (0.29%) Oracle RMAN
7 17 (0.26%) Puppet
8 15 (0.23%) Hadoop YARN
8 15 (0.23%) Opscode Chef
9 14 (0.22%) SCOM
10 13 (0.20%) CA Single Sign-On
10 13 (0.20%) Tivoli Storage Manager
11 10 (0.15%) NetBackup
12 8 (0.12%) Vagrant
12 8 (0.12%) Oozie
12 8 (0.12%) Cisco CUCM
13 7 (0.11%) BladeLogic
13 7 (0.11%) OpenView
13 7 (0.11%) Cisco Prime
Vendors
1 754 (11.59%) Oracle
2 455 (6.99%) Microsoft
3 210 (3.23%) Sybase
4 207 (3.18%) IBM
5 186 (2.86%) Cisco
6 127 (1.95%) VMware
7 110 (1.69%) TIBCO
8 106 (1.63%) HP
9 96 (1.48%) Citrix
10 93 (1.43%) Red Hat
11 84 (1.29%) SAP
11 84 (1.29%) Informatica
12 81 (1.25%) Bloomberg
13 79 (1.21%) F5
14 75 (1.15%) Business Objects
15 74 (1.14%) Cognos
16 67 (1.03%) CheckPoint
17 64 (0.98%) Juniper
18 63 (0.97%) Reuters
19 57 (0.88%) Murex
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 12 hours ago
City, London
McGregor Boyall
Rate: £200 - £250 per day
Posted: 12 hours ago
Bromley, Kent
Hays Finance Technology
Rate: £500.00 per annum
Posted: 12 hours ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 13 hours ago
London
McGregor Boyall
Rate: £350 - £425 per day
Posted: 13 hours ago
City, London
Aston Carter
Rate: £700 - £800 per day
Posted: 13 hours ago
City, London
Lorien Resourcing
Posted: 13 hours ago
London
TEKsystems
Rate: £550 - £600 per day
Posted: 13 hours ago
London
Hydrogen Group
Rate: £400 - £500 per day
Posted: 14 hours ago
London
Hydrogen Group
Rate: £400 - £500 per day
Posted: 14 hours ago
City, London
Sanderson
Rate: £375 - £413 per day
Posted: 15 hours ago
London
Hydrogen Group
Rate: £350.00 - £405.00 per day
Posted: 15 hours ago
London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 15 hours ago
City, London
Hydrogen Group
Rate: £10.00 - £413.00 per day
Posted: 16 hours ago
London
Square One Resources
Rate: Up to £340 per day 12 month contract
Posted: 17 hours ago
London
Aston Carter
Rate: £275 - £350 per day
Posted: 17 hours ago
City, London
The People Network
Rate: £500 - £600 per day
Posted: 18 hours ago
City, London
Lorien Resourcing
Rate: Market Rate
Posted: 18 hours ago
London
Harvey Nash plc
Rate: £600 - £700 per day
Posted: 19 hours ago
London
TEKsystems
Rate: £450 - £490 per day
Posted: 19 hours ago