Permanent IT Jobs Contract IT Jobs

The first part of 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 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category for the London region.

 Banking
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank244
Rank change year-on-year
Up+2No change0
Matching contract IT job ads793432067392
As % of all contract IT jobs located in London30.63 %19.42 %20.17 %
As % of the General category48.92 %34.90 %36.73 %
Daily rates quoted472715533867
Average daily rate£500£450£500
Average daily rate % change year-on-year
+11.11 %-10.00 %
90% of contracts offered a daily rate of more than£350£300£342
10% of contracts offered a daily rate of more than£625£600£650
UK excluding London average daily rate£375£400£400
% change year-on-year
-6.250 %-
Hourly rates quoted3330103
Average hourly rate£21.50£20.00£22.50
Average hourly rate % change year-on-year
+7.500 %-11.11 %
90% of contracts offered a hourly rate of more than£17.60£14.82£15.00
10% of contracts offered a hourly rate of more than£34.80£42.93£37.50
UK excluding London average hourly rate£20.00£16.44£16.50
% change year-on-year
+21.67 %-0.370 %
London IT Contractor Job Market, General CategoryAll General Category
London
Contract IT job ads with a match in the
General category
16219918520126
As % of all contract IT jobs located in London62.61 %55.64 %54.92 %
Daily rates quoted921739208745
Average daily rate£500£450£500
Average daily rate % change year-on-year
+11.11 %-10.00 %
90% of contracts offered a daily rate of more than£313£275£300
10% of contracts offered a daily rate of more than£625£600£650
UK excluding London average daily rate£350£375£400
% change year-on-year
-6.660 %-6.250 %
Hourly rates quoted225329764
Average hourly rate£22.00£21.00£22.50
Average hourly rate % change year-on-year
+4.760 %-6.660 %
90% of contracts offered a hourly rate of more than£14.00£13.50£14.00
10% of contracts offered a hourly rate of more than£40.00£42.10£45.00
UK excluding London average hourly rate£24.00£26.75£27.00
% change year-on-year
-10.28 %-0.920 %
Banking EnglandBanking
England

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.

Banking
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Banking across the London region as a proportion of the total demand within the General category.

London Banking Demand Trend

Banking
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the London region.

London Banking Daily Rate Trend

Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 19 March 2010.

London Banking Daily Rate Histogram

Banking
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the London region.

London Banking Hourly Rate Trend

Banking
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking across the London region over the 3 months to 19 March 2010.

London Banking Hourly Rate Histogram

Banking
Contract Locations

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 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
City of LondonNo change03228£500+11.11 %
Docklands, LondonNo change0259£475+5.55 %
Canary WharfUp+1246£525+5.00 %
CroydonDown-15£350-13.58 %
BromleyUp+33£450-
PaddingtonNew entry-2£350-
FelthamNew entry-1--
LutonNew entry-1--
Banking EnglandBanking
England

Banking
Top 30 Related IT Skills

For the 6 months to 19 March 2010, 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.

19179 (64.10 %)Investment Banking
25221 (36.46 %)Finance
33034 (21.19 %)Java
42910 (20.32 %)SQL
52746 (19.18 %)Derivative
62673 (18.67 %)Front Office
72450 (17.11 %)C#
81983 (13.85 %)UNIX
91963 (13.71 %)Oracle
101583 (11.06 %).NET
111410 (9.847 %)Fixed Income
121387 (9.686 %)Sybase
131376 (9.610 %)SQL Server
141366 (9.540 %)Foreign Exchange (FX)
151247 (8.709 %)Business Analysis
161189 (8.304 %)Project Management
171180 (8.241 %)C++
181137 (7.940 %)Windows
191075 (7.508 %)Equities
201010 (7.054 %)XML
21959 (6.697 %)Back Office
22919 (6.418 %)Linux
23844 (5.894 %)Retail
24772 (5.391 %)Equity Derivative
25768 (5.364 %)Risk Management
26757 (5.287 %)OO
27710 (4.958 %)Spring
28699 (4.882 %)Migration
29667 (4.658 %)Credit Risk
30665 (4.644 %)Retail Banking

Banking
Top Related IT Skills by Category

For the 6 months to 19 March 2010, 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.

London IT Contractor Job Market, Application Development CategoryApplication Development
11583 (11.06 %).NET
21010 (7.054 %)XML
3710 (4.958 %)Spring
4579 (4.044 %)Hibernate
5573 (4.002 %)J2EE
6564 (3.939 %)WinForms
7372 (2.598 %)ASP.NET
8345 (2.409 %)WPF
9326 (2.277 %)Middleware
10267 (1.865 %)Web Services
11214 (1.495 %)JMS
11214 (1.495 %)WebSphere
12211 (1.474 %)Swing
13191 (1.334 %)XSLT
14185 (1.292 %)WCF
15180 (1.257 %)JSP
16167 (1.166 %)HTML
17160 (1.117 %)J2SE
18159 (1.110 %)AJAX
19147 (1.027 %).NET Framework
London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
1229 (1.599 %)SharePoint
2166 (1.159 %)Tomcat
3141 (0.985 %)Rendezvous
4134 (0.936 %)Apache
5132 (0.922 %)WebLogic
6127 (0.887 %)IIS
794 (0.656 %)TIBCO EMS
877 (0.538 %)SAS
968 (0.475 %)MS Exchange
1064 (0.447 %)WebSphere MQ
1163 (0.440 %)MQSeries
1247 (0.328 %)WebSphere Application Server
1343 (0.300 %)CMS
1442 (0.293 %)Oracle Workflow
1533 (0.230 %)Exchange Server 2007
1630 (0.210 %)SharePoint Server 2007
1726 (0.182 %)Lotus Notes
1824 (0.168 %)JCAPS
1923 (0.161 %)Documentum
1923 (0.161 %)ESB
London IT Contractor Job Market, Applications CategoryApplications
1494 (3.450 %)MS Excel
2353 (2.465 %)MS Office
3279 (1.948 %)MS Project
4241 (1.683 %)MS Visio
5179 (1.250 %)MS PowerPoint
6138 (0.964 %)Spreadsheet
742 (0.293 %)CA Clarity
810 (0.070 %)MATLAB
810 (0.070 %)Photoshop
99 (0.063 %)InfoPath
104 (0.028 %)FrameMaker
104 (0.028 %)Acrobat
112 (0.014 %)InDesign
112 (0.014 %)Paint Shop Pro
112 (0.014 %)RoboHelp
121 (0.007 %)AutoCAD
121 (0.007 %)S-PLUS
121 (0.007 %)Adobe Illustrator
121 (0.007 %)Adobe Captivate
London IT Contractor Job Market, Business Applications CategoryBusiness Applications
1170 (1.187 %)Summit
251 (0.356 %)Endur
348 (0.335 %)BusinessWorks
445 (0.314 %)RMDS
542 (0.293 %)TIBCO iProcess
641 (0.286 %)Loan IQ
641 (0.286 %)Algo Collateral
739 (0.272 %)ION MarketView
835 (0.244 %)Global One
922 (0.154 %)SAP FI
1018 (0.126 %)ADP Wilco Gloss
1018 (0.126 %)SAP CO
1018 (0.126 %)SAP FI/CO
1117 (0.119 %)Oracle General Ledger
1216 (0.112 %)Temenos T24
1314 (0.098 %)Cognos Business Intelligence
1314 (0.098 %)Hyperion Planning
1413 (0.091 %)Oracle Financials
1512 (0.084 %)Kondor+
1512 (0.084 %)3000 Xtra
London IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
1176 (1.229 %)Internet
2168 (1.173 %)Firewall
3158 (1.103 %)TCP/IP
4126 (0.880 %)WAN
5117 (0.817 %)SAN
6111 (0.775 %)LAN
789 (0.622 %)Intranet
888 (0.615 %)DNS
968 (0.475 %)VPN
1061 (0.426 %)LDAP
1144 (0.307 %)BGP
1240 (0.279 %)OSPF
1335 (0.244 %)DHCP
1434 (0.237 %)Network Security
1533 (0.230 %)BIG-IP
1629 (0.203 %)SSL
1629 (0.203 %)MPLS
1728 (0.196 %)VoIP
1824 (0.168 %)SMS
1923 (0.161 %)EIGRP
London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
11376 (9.610 %)SQL Server
2489 (3.415 %)Datawarehouse
3408 (2.849 %)SQL Server 2005
4406 (2.835 %)RDBMS
5295 (2.060 %)Oracle 10g
6272 (1.900 %)ETL
7248 (1.732 %)SQL Server Integration Services
8212 (1.481 %)BusinessObjects
9195 (1.362 %)Reference Data
10160 (1.117 %)SQL Server 2000
11150 (1.048 %)OLAP
12141 (0.985 %)SQL Server Analysis Services
13135 (0.943 %)SQL Server Reporting Services
14120 (0.838 %)SQL Server 2008
1598 (0.684 %)Oracle Reports
1695 (0.663 %)Sybase ASE
1788 (0.615 %)MS Access
1882 (0.573 %)Oracle 9i
1970 (0.489 %)DTS
2068 (0.475 %)Oracle 8/8i
London IT Contractor Job Market, Development Applications CategoryDevelopment Applications
1282 (1.969 %)Subversion
2252 (1.760 %)JUnit
3207 (1.446 %)ClearCase
4112 (0.782 %)QuickTest Pro
5111 (0.775 %)Visual Studio
5111 (0.775 %)NUnit
696 (0.670 %)Eclipse
789 (0.622 %)Ant
888 (0.615 %)Maven
986 (0.601 %)TestDirector
1082 (0.573 %)JIRA
1161 (0.426 %)TeamCity
1253 (0.370 %)LoadRunner
1330 (0.210 %)ClearQuest
1429 (0.203 %)CruiseControl
1527 (0.189 %)ERwin
1626 (0.182 %)FitNesse
1724 (0.168 %)Selenium
1724 (0.168 %)Team Foundation Server
1724 (0.168 %)Rational Rose
London IT Contractor Job Market, General CategoryGeneral
19179 (64.10 %)Investment Banking
25221 (36.46 %)Finance
32673 (18.67 %)Front Office
4959 (6.697 %)Back Office
5844 (5.894 %)Retail
6665 (4.644 %)Retail Banking
7251 (1.753 %)Financial Institution
8145 (1.013 %)Corporate Banking
9132 (0.922 %)Legal
10130 (0.908 %)Insurance
11125 (0.873 %)General Ledger
12101 (0.705 %)Government
12101 (0.705 %)Telecoms
1399 (0.691 %)Private Banking
1492 (0.643 %)Law
1578 (0.545 %)Online Banking
1666 (0.461 %)Education
1762 (0.433 %)Wholesale Banking
1852 (0.363 %)Marketing
1948 (0.335 %)Construction
London IT Contractor Job Market, Job Titles CategoryJob Titles
15023 (35.08 %)Developer
24324 (30.20 %)Analyst
32915 (20.36 %)Business Analyst
41657 (11.57 %)Java Developer
51381 (9.645 %)Project Manager
61349 (9.421 %)C# Developer
7832 (5.810 %)Banking Business Analyst
8666 (4.651 %)Senior Developer
9538 (3.757 %)Investment Banking Business Analyst
10461 (3.219 %)C++ Developer
11455 (3.178 %)Architect
12428 (2.989 %).NET Developer
13385 (2.689 %)Support Analyst
14311 (2.172 %)Senior Analyst
15302 (2.109 %)Senior Java Developer
16290 (2.025 %)SQL Developer
17271 (1.893 %)Programme Manager
18251 (1.753 %)Oracle Developer
19247 (1.725 %)Test Manager
20243 (1.697 %)Consultant
London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
12746 (19.18 %)Derivative
21410 (9.847 %)Fixed Income
31366 (9.540 %)Foreign Exchange (FX)
41075 (7.508 %)Equities
5772 (5.391 %)Equity Derivative
6667 (4.658 %)Credit Risk
7519 (3.625 %)Market Risk
8466 (3.254 %)Credit Derivative
9455 (3.178 %)Multithreading
10354 (2.472 %)Interest Rate Derivative
11147 (1.027 %)Replication
12107 (0.747 %)Management Information System
13106 (0.740 %)N-Tier
14104 (0.726 %)Mathematics
1598 (0.684 %)Grid Computing
1697 (0.677 %)Computer Science
1784 (0.587 %)Clustering
1880 (0.559 %)Client/Server
1978 (0.545 %)Blackberry
2054 (0.377 %)PMI
London IT Contractor Job Market, Operating Systems CategoryOperating Systems
11983 (13.85 %)UNIX
21137 (7.940 %)Windows
3919 (6.418 %)Linux
4435 (3.038 %)Solaris
5231 (1.613 %)Windows Server 2003
6132 (0.922 %)Windows XP
7104 (0.726 %)Red Hat Linux
886 (0.601 %)Windows Server 2008
985 (0.594 %)AIX
1081 (0.566 %)Windows 2000
1156 (0.391 %)Windows Vista
1247 (0.328 %)Windows 7
1336 (0.251 %)VMS
1434 (0.237 %)Windows 2000 Server
1434 (0.237 %)Red Hat Enterprise Linux
1526 (0.182 %)HPUX
1619 (0.133 %)Windows NT
179 (0.063 %)OpenVMS
179 (0.063 %)Android
188 (0.056 %)SUSE
London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
11247 (8.709 %)Business Analysis
21189 (8.304 %)Project Management
3768 (5.364 %)Risk Management
4757 (5.287 %)OO
5699 (4.882 %)Migration
6633 (4.421 %)Agile Software Development
7590 (4.120 %)User Acceptance Testing
8499 (3.485 %)Stakeholder Management
9467 (3.261 %)PRINCE2
10440 (3.073 %)Change Management
11419 (2.926 %)E-Commerce
12375 (2.619 %)Data Modelling
13336 (2.347 %)Business Intelligence
14335 (2.340 %)UML
15324 (2.263 %)Workflow
16303 (2.116 %)ITIL
17297 (2.074 %)Data Analysis
18280 (1.955 %)Electronic Trading
19257 (1.795 %)Asset Management
20200 (1.397 %)RAD
London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
13034 (21.19 %)Java
22910 (20.32 %)SQL
32450 (17.11 %)C#
41180 (8.241 %)C++
5503 (3.513 %)VBA
6497 (3.471 %)Perl
7469 (3.275 %)C
8420 (2.933 %)PL/SQL
9374 (2.612 %)Shell Script
10290 (2.025 %)VB
11280 (1.955 %)JavaScript
12263 (1.837 %)T-SQL
1393 (0.649 %)Python
1489 (0.622 %)VB.NET
1588 (0.615 %)Korn
1681 (0.566 %)VC++
1776 (0.531 %)VBScript
1863 (0.440 %)VB6
1944 (0.307 %)PowerShell
2038 (0.265 %)Bash shell
London IT Contractor Job Market, Qualifications CategoryQualifications
1418 (2.919 %)Degree
2167 (1.166 %)ISEB
398 (0.684 %)PRINCE2 Certification
484 (0.587 %)PMI Certification
580 (0.559 %)Cisco Certification
670 (0.489 %)Microsoft Certification
760 (0.419 %)MCSE
848 (0.335 %)ISTQB
942 (0.293 %)CIMA
1040 (0.279 %)CCIE
1135 (0.244 %)ITIL Certification
1135 (0.244 %)ACCA
1234 (0.237 %)PMP
1332 (0.223 %)CCNP
1428 (0.196 %)CISSP
1523 (0.161 %)CCNA
1617 (0.119 %)ISEB Practitioner
1716 (0.112 %)MBA
1716 (0.112 %)CISM
1813 (0.091 %)PRINCE2 Practitioner
London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
1385 (2.689 %)QA
2103 (0.719 %)Basel II
397 (0.677 %)Sarbanes-Oxley
461 (0.426 %)SLA
519 (0.133 %)MiFID
613 (0.091 %)COBIT
711 (0.077 %)GAAP
88 (0.056 %)ISO27001
96 (0.042 %)ISO9001
104 (0.028 %)WAI
113 (0.021 %)BS7799
122 (0.014 %)PCI DSS
122 (0.014 %)COSO
122 (0.014 %)IAS 39
131 (0.007 %)ISO9000
131 (0.007 %)ISO8583
London IT Contractor Job Market, System Software CategorySystem Software
1214 (1.495 %)Active Directory
259 (0.412 %)VMware Infrastructure
352 (0.363 %)Oracle RAC
430 (0.210 %)Oracle RMAN
430 (0.210 %)VMware ESX
514 (0.098 %)XenApp
514 (0.098 %)Citrix Presentation Server
613 (0.091 %)Veritas Cluster Server
712 (0.084 %)Terminal Server
811 (0.077 %)MSMQ
811 (0.077 %)NFS
811 (0.077 %)OpenSSO
99 (0.063 %)Veritas File System
108 (0.056 %)Hyper-V
108 (0.056 %)Veritas Volume Manager
117 (0.049 %)ISA Server
126 (0.042 %)XenDesktop
135 (0.035 %)VMware Workstation
135 (0.035 %)vSphere
144 (0.028 %)Terminal Services
London IT Contractor Job Market, Systems Management CategorySystems Management
1126 (0.880 %)AutoSys
242 (0.293 %)Data Guard
338 (0.265 %)CONTROL-M
430 (0.210 %)BMC PATROL
430 (0.210 %)Tivoli
529 (0.203 %)SCCM
620 (0.140 %)HP Quality Center
719 (0.133 %)MSI
815 (0.105 %)NetBackup
912 (0.084 %)Dollar Universe
912 (0.084 %)Tivoli NetView
912 (0.084 %)Tivoli Storage Manager
1010 (0.070 %)Systems Management Server (SMS)
118 (0.056 %)ServiceCenter
126 (0.042 %)Netcool/Webtop
126 (0.042 %)Legato
126 (0.042 %)Netcool
126 (0.042 %)TIBCO Hawk
134 (0.028 %)SCOM
134 (0.028 %)Backup Exec
London IT Contractor Job Market, Vendors CategoryVendors
11963 (13.71 %)Oracle
21387 (9.686 %)Sybase
3589 (4.113 %)Microsoft
4479 (3.345 %)TIBCO
5212 (1.481 %)Business Objects
6184 (1.285 %)Cisco
7171 (1.194 %)Murex
8167 (1.166 %)Bloomberg
9161 (1.124 %)Reuters
10159 (1.110 %)Cognos
11148 (1.034 %)Informatica
12141 (0.985 %)SAP
13139 (0.971 %)IBM
14119 (0.831 %)Citrix
14119 (0.831 %)VMware
15106 (0.740 %)HP
15106 (0.740 %)DataSynapse
16101 (0.705 %)Red Hat
16101 (0.705 %)Calypso
1796 (0.670 %)Remedy