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 28 July 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
28 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 6 6 3
Rank change year-on-year
0 -3
Contract jobs citing Banking 3484 3353 5055
As % of all contract IT jobs located in London 14.79% 14.22% 20.85%
As % of the General category 31.46% 31.69% 40.70%
Number of daily rates quoted 2541 2522 3727
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £500
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £350 £325 £350
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 14 5 40
Average hourly rate £19.50 £19.00 £22.50
Average hourly rate % change year-on-year
+2.63% -15.55%
90% offered a hourly rate of more than £15.19 £16.60 £13.95
10% offered a hourly rate of more than £73.50 £113.80 £48.00
UK excluding London average hourly rate £10.44 £17.50 £22.50
% change year-on-year
-40.34% -22.22%
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
11076 10580 12419
As % of all contract IT jobs located in London 47.01% 44.86% 51.23%
Number of daily rates quoted 8024 7369 8724
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £398 £383 £388
% change year-on-year
+3.92% -1.29%
Number of hourly rates quoted 125 136 192
Average hourly rate £22.00 £18.00 £22.50
Average hourly rate % change year-on-year
+22.22% -20.00%
90% offered a hourly rate of more than £12.58 £12.50 £14.00
10% offered a hourly rate of more than £56.88 £37.00 £45.00
UK excluding London average hourly rate £22.50 £22.50 £22.50

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 28 July 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 28 July 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 28 July 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 1146 £525 +5.00% 278
Docklands, London 0 38 £575 +9.52% 3
Canary Wharf -8 21 £525 -4.54%
Uxbridge +4 4 £450 -18.18% 1
Bromley - 4 £600 - 1
Wimbledon - 4 £480 -
Brentford +2 2 £495 +106.25%
Hayes - 1 - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 28 July 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 3561 (52.72%) Finance
2 2702 (40.00%) Investment Banking
3 1477 (21.87%) SQL
4 1186 (17.56%) Agile Software Development
5 976 (14.45%) Java
6 821 (12.15%) Front Office
7 797 (11.80%) Stakeholder Management
8 780 (11.55%) C#
9 771 (11.41%) Oracle
10 755 (11.18%) Project Management
11 629 (9.31%) .NET
12 613 (9.07%) SQL Server
13 606 (8.97%) UNIX
14 595 (8.81%) Retail
15 594 (8.79%) Analytical Skills
16 558 (8.26%) Linux
17 533 (7.89%) Microsoft
18 530 (7.85%) Business Analysis
19 517 (7.65%) Derivative
20 508 (7.52%) Windows
21 485 (7.18%) JavaScript
22 457 (6.77%) MS Excel
23 446 (6.60%) HTML
24 414 (6.13%) Foreign Exchange (FX)
25 385 (5.70%) Degree
26 379 (5.61%) Retail Banking
27 371 (5.49%) Fixed Income
28 367 (5.43%) SDLC
29 365 (5.40%) Risk Management
30 360 (5.33%) Migration

Banking
Top Related IT Skills in London by Category

For the 6 months to 28 July 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
1 165 (2.44%) SharePoint
2 90 (1.33%) WebSphere
3 89 (1.32%) SAS
4 79 (1.17%) Oracle Coherence
5 64 (0.95%) Apache Spark
5 64 (0.95%) IIS
6 53 (0.78%) Tomcat
7 52 (0.77%) MS Exchange
7 52 (0.77%) Apache
8 42 (0.62%) WebLogic
9 41 (0.61%) Lync
10 39 (0.58%) MQSeries
11 36 (0.53%) Node.js
12 32 (0.47%) Confluence
13 30 (0.44%) JBoss
14 28 (0.41%) Blackberry Enterprise Server
15 22 (0.33%) Oracle Workflow
16 21 (0.31%) CMS
16 21 (0.31%) WebSphere Application Server
17 18 (0.27%) Exchange Server 2010
Applications
1 457 (6.77%) MS Excel
2 255 (3.77%) MS Office
3 187 (2.77%) MS PowerPoint
4 149 (2.21%) MS Visio
5 118 (1.75%) MS Project
6 41 (0.61%) Spreadsheet
7 19 (0.28%) Photoshop
8 14 (0.21%) Open Workbench
9 9 (0.13%) Adobe Captivate
10 8 (0.12%) Adobe Illustrator
11 4 (0.059%) Adobe Creative Suite
12 3 (0.044%) Acrobat
12 3 (0.044%) OmniGraffle
13 2 (0.030%) LaTeX
13 2 (0.030%) Maple
13 2 (0.030%) RoboHelp
13 2 (0.030%) Mathematica
14 1 (0.015%) Casewise Modeler
14 1 (0.015%) SPSS
Business Applications
1 54 (0.80%) Dynamics CRM
2 26 (0.38%) Summit
3 17 (0.25%) ION MarketView
3 17 (0.25%) Oracle General Ledger
3 17 (0.25%) Markit EDM
4 16 (0.24%) RMDS
5 15 (0.22%) SAP FI
6 14 (0.21%) Oracle EBS
7 13 (0.19%) Oracle BPM
7 13 (0.19%) Remedy ITSM
8 12 (0.18%) Loan IQ
8 12 (0.18%) SAP CO
8 12 (0.18%) SAP FI/CO
9 11 (0.16%) ACBS
10 10 (0.15%) Oracle Financials
10 10 (0.15%) Temenos T24
11 8 (0.12%) SAP FSCM
12 7 (0.10%) Eagle PACE
12 7 (0.10%) Hyperion Planning
12 7 (0.10%) Adaptiv
Cloud Services
1 19 (0.28%) SaaS
2 18 (0.27%) Office 365
3 17 (0.25%) PaaS
3 17 (0.25%) Microsoft Azure
4 13 (0.19%) Amazon AWS
5 11 (0.16%) Adobe Analytics
6 7 (0.10%) Cloud Computing
6 7 (0.10%) IaaS
6 7 (0.10%) Azure Active Directory
7 4 (0.059%) IBM Blueworks
7 4 (0.059%) Taleo
8 1 (0.015%) Google Analytics
8 1 (0.015%) Force.com
8 1 (0.015%) Mimecast
Communications & Networking
1 128 (1.89%) Firewall
2 105 (1.55%) Internet
3 96 (1.42%) TCP/IP
4 70 (1.04%) SAN
5 67 (0.99%) DNS
6 61 (0.90%) LAN
7 52 (0.77%) VPN
8 51 (0.75%) WAN
9 44 (0.65%) Network Security
9 44 (0.65%) Multicast
10 38 (0.56%) BGP
11 35 (0.52%) LDAP
11 35 (0.52%) HTTP
12 33 (0.49%) Intranet
13 32 (0.47%) OSPF
14 31 (0.46%) NAS
15 30 (0.44%) DHCP
16 24 (0.36%) Cisco Nexus
17 22 (0.33%) MPLS
18 21 (0.31%) FTP
Database & Business Intelligence
1 613 (9.07%) SQL Server
2 303 (4.49%) Data Warehouse
3 262 (3.88%) Relational Database
4 185 (2.74%) SQL Server Integration Services
5 182 (2.69%) Oracle Database
6 167 (2.47%) Big Data
7 140 (2.07%) Hadoop
8 129 (1.91%) SQL Server 2008
9 125 (1.85%) SQL Server Reporting Services
10 116 (1.72%) QlikView
11 106 (1.57%) RDBMS
12 87 (1.29%) BusinessObjects
13 77 (1.14%) MS Access
13 77 (1.14%) Oracle Database 11g
14 70 (1.04%) SQL Server Analysis Services
15 68 (1.01%) SQL Server 2005
16 63 (0.93%) SQL Server 2012
17 61 (0.90%) NoSQL
18 60 (0.89%) Data Mining
19 57 (0.84%) DB2
Development Applications
1 173 (2.56%) JIRA
2 138 (2.04%) Subversion
3 115 (1.70%) Maven
4 103 (1.52%) Git (software)
5 94 (1.39%) TeamCity
6 65 (0.96%) Jenkins
7 53 (0.78%) Visual Studio
8 52 (0.77%) Selenium
9 45 (0.67%) JUnit
9 45 (0.67%) Grunt
10 38 (0.56%) NUnit
10 38 (0.56%) jMock
11 34 (0.50%) Ant
12 31 (0.46%) Cucumber
13 30 (0.44%) Team Foundation Server
14 27 (0.40%) Bower
15 26 (0.38%) HP UFT
16 24 (0.36%) ERwin
17 22 (0.33%) Jasmine
18 21 (0.31%) SpecFlow
General
1 3561 (52.72%) Finance
2 2702 (40.00%) Investment Banking
3 821 (12.15%) Front Office
4 595 (8.81%) Retail
5 379 (5.61%) Retail Banking
6 234 (3.46%) Back Office
7 225 (3.33%) Legal
8 167 (2.47%) Financial Institution
9 110 (1.63%) Telecoms
10 103 (1.52%) Corporate Banking
11 88 (1.30%) Law
12 63 (0.93%) Marketing
13 51 (0.75%) General Ledger
14 50 (0.74%) Advertising
15 46 (0.68%) Private Banking
16 29 (0.43%) Wholesale Banking
17 24 (0.36%) Pharmaceutical
18 20 (0.30%) French Language
19 19 (0.28%) Billing
19 19 (0.28%) Publishing
Job Titles
1 1837 (27.19%) Analyst
2 1794 (26.56%) Developer
3 1069 (15.83%) Business Analyst
4 790 (11.70%) Project Manager
5 430 (6.37%) Java Developer
6 362 (5.36%) Architect
7 325 (4.81%) Banking Business Analyst
8 294 (4.35%) C# Developer
9 233 (3.45%) Senior Developer
10 217 (3.21%) Consultant
11 193 (2.86%) Data Analyst
12 175 (2.59%) SQL Developer
13 159 (2.35%) .NET Developer
14 154 (2.28%) Senior Analyst
15 149 (2.21%) C++ Developer
16 137 (2.03%) Test Manager
17 136 (2.01%) Test Analyst
18 127 (1.88%) Senior Manager
19 125 (1.85%) Support Analyst
19 125 (1.85%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 629 (9.31%) .NET
2 446 (6.60%) HTML
3 286 (4.23%) HTML5
4 262 (3.88%) XML
5 207 (3.06%) AngularJS
6 189 (2.80%) CSS
7 184 (2.72%) WPF
8 176 (2.61%) Web Services
9 173 (2.56%) ASP.NET
10 158 (2.34%) Spring
11 143 (2.12%) FIX Protocol
12 128 (1.89%) Middleware
13 126 (1.87%) WCF
14 110 (1.63%) Hibernate
15 103 (1.52%) jQuery
16 101 (1.50%) RESTful
17 98 (1.45%) .NET Framework
18 94 (1.39%) JMS
19 86 (1.27%) SOAP
20 82 (1.21%) REST
Miscellaneous
1 594 (8.79%) Analytical Skills
2 517 (7.65%) Derivative
3 414 (6.13%) Foreign Exchange (FX)
4 371 (5.49%) Fixed Income
5 280 (4.15%) Equities
6 258 (3.82%) Credit Risk
7 203 (3.01%) Market Risk
8 158 (2.34%) User Experience
9 147 (2.18%) Data Centre
10 143 (2.12%) Equity Derivative
11 125 (1.85%) Computer Science
12 120 (1.78%) SWIFT
13 115 (1.70%) Management Information System
14 75 (1.11%) Reference Data
15 73 (1.08%) Mathematics
16 72 (1.07%) Visualisation
17 59 (0.87%) Interest Rate Derivative
18 57 (0.84%) Online Banking
18 57 (0.84%) Data Structures
19 53 (0.78%) Mobile Banking
Operating Systems
1 606 (8.97%) UNIX
2 558 (8.26%) Linux
3 508 (7.52%) Windows
4 130 (1.92%) Solaris
5 76 (1.13%) Windows Server 2008
6 71 (1.05%) Windows 7
7 69 (1.02%) Red Hat Enterprise Linux
8 57 (0.84%) Windows Server 2003
9 46 (0.68%) Android
10 36 (0.53%) AIX
10 36 (0.53%) Apple iOS
11 31 (0.46%) Windows Server 2012
11 31 (0.46%) Windows XP
12 8 (0.12%) zOS
13 7 (0.10%) SUSE
14 6 (0.089%) Windows 8
15 5 (0.074%) Data ONTAP
16 4 (0.059%) SUSE Linux Enterprise Server
16 4 (0.059%) Oracle Linux
17 3 (0.044%) Windows 2000
Processes & Methodologies
1 1186 (17.56%) Agile Software Development
2 797 (11.80%) Stakeholder Management
3 755 (11.18%) Project Management
4 530 (7.85%) Business Analysis
5 367 (5.43%) SDLC
6 365 (5.40%) Risk Management
7 360 (5.33%) Migration
8 355 (5.26%) User Acceptance Testing
9 345 (5.11%) TDD
10 317 (4.69%) Data Modelling
11 316 (4.68%) Scrum
12 305 (4.52%) Analytics
13 296 (4.38%) Multithreading
14 268 (3.97%) OO
15 258 (3.82%) Data Analysis
16 251 (3.72%) ITIL
17 248 (3.67%) ETL
18 246 (3.64%) Change Management
19 226 (3.35%) Business Intelligence
20 210 (3.11%) PRINCE2
Programming Languages
1 1477 (21.87%) SQL
2 976 (14.45%) Java
3 780 (11.55%) C#
4 485 (7.18%) JavaScript
5 346 (5.12%) C++
6 313 (4.63%) Python
7 220 (3.26%) VBA
8 207 (3.06%) Perl
9 162 (2.40%) PL/SQL
10 152 (2.25%) T-SQL
11 131 (1.94%) Shell Script
12 130 (1.92%) Scala
13 98 (1.45%) PowerShell
14 84 (1.24%) C
15 60 (0.89%) VB
16 51 (0.75%) VB.NET
17 42 (0.62%) R
18 35 (0.52%) Bash Shell
19 34 (0.50%) Korn
20 28 (0.41%) VBScript
Qualifications
1 385 (5.70%) Degree
2 97 (1.44%) ISEB
3 74 (1.10%) PMI Certification
4 62 (0.92%) Cisco Certification
5 61 (0.90%) PMP
6 56 (0.83%) CISSP
7 54 (0.80%) ISTQB
8 39 (0.58%) CISA
9 37 (0.55%) CCNP
10 36 (0.53%) Microsoft Certification
10 36 (0.53%) PRINCE2 Certification
11 30 (0.44%) CISM
12 23 (0.34%) ITIL Certification
13 21 (0.31%) Security Cleared
14 19 (0.28%) CCIE
15 18 (0.27%) CCNA
16 16 (0.24%) ISTQB Foundation Certification
17 15 (0.22%) MCSE
18 14 (0.21%) CCA
19 13 (0.19%) MBA
Quality Assurance & Compliance
1 222 (3.29%) QA
2 118 (1.75%) EMIR
3 106 (1.57%) Dodd-Frank
4 80 (1.18%) MiFID
5 57 (0.84%) Data Quality
6 56 (0.83%) FATCA
7 52 (0.77%) Basel III
8 31 (0.46%) SLA
9 23 (0.34%) Sarbanes-Oxley
9 23 (0.34%) COREP
10 22 (0.33%) ISO/IEC 27001
11 21 (0.31%) Basel II
12 18 (0.27%) COBIT
12 18 (0.27%) CRD IV
13 8 (0.12%) PCI DSS
14 6 (0.089%) HIPAA
14 6 (0.089%) Solvency II
15 5 (0.074%) ISO 9000
15 5 (0.074%) AIFMD
16 4 (0.059%) ISO 9001
System Software
1 163 (2.41%) Active Directory
2 86 (1.27%) VMware Infrastructure
3 42 (0.62%) XenApp
4 22 (0.33%) HDFS
5 21 (0.31%) vSphere
6 20 (0.30%) Oracle RAC
7 17 (0.25%) VMware ESX
7 17 (0.25%) NFS
8 16 (0.24%) Microsoft App-V
8 16 (0.24%) XenDesktop
9 15 (0.22%) Veritas Cluster Server
10 12 (0.18%) KVM
11 10 (0.15%) Veritas Volume Manager
11 10 (0.15%) Hyper-V
11 10 (0.15%) VMware ESXi
12 6 (0.089%) Apache Flume
13 5 (0.074%) SRDF
13 5 (0.074%) ProxySG
13 5 (0.074%) Snort
14 4 (0.059%) Xen
Systems Management
1 99 (1.47%) HP Quality Center
2 45 (0.67%) Control-M
3 36 (0.53%) Puppet
4 35 (0.52%) SCCM
5 34 (0.50%) Tivoli
6 29 (0.43%) Opscode Chef
6 29 (0.43%) ITRS Geneos
7 27 (0.40%) BladeLogic
8 23 (0.34%) NetBackup
9 22 (0.33%) SCOM
10 19 (0.28%) CA Single Sign-On
11 16 (0.24%) Symantec Enterprise Vault
12 9 (0.13%) EMC VPLEX
13 8 (0.12%) Oracle RMAN
13 8 (0.12%) HP Operations Orchestration
14 7 (0.10%) Data Guard
14 7 (0.10%) Nagios
14 7 (0.10%) Netcool
14 7 (0.10%) BMC PATROL
15 6 (0.089%) Tivoli Storage Manager
Vendors
1 771 (11.41%) Oracle
2 533 (7.89%) Microsoft
3 203 (3.01%) IBM
4 202 (2.99%) Sybase
5 129 (1.91%) HP
6 127 (1.88%) Cisco
7 117 (1.73%) VMware
8 115 (1.70%) TIBCO
9 111 (1.64%) Citrix
10 103 (1.52%) Informatica
11 83 (1.23%) SAP
12 72 (1.07%) Red Hat
13 63 (0.93%) Bloomberg
14 60 (0.89%) ServiceNow
15 53 (0.78%) Tableau
16 51 (0.75%) EMC
17 46 (0.68%) Reuters
18 45 (0.67%) Cognos
18 45 (0.67%) Murex
18 45 (0.67%) F5
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 10 hours ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 12 hours ago
City, London
Hays Finance Technology
Rate: £600.00 - £650.00 per annum
Posted: 12 hours ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 12 hours ago
London
Hays Finance Technology
Rate: £500.00 - £600.00 per annum
Posted: 12 hours ago
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 12 hours ago
London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 12 hours ago
City, London
McGregor Boyall
Rate: £500 - £539 per day
Posted: 12 hours ago
London
Hydrogen Group
Rate: £330.00 - £360.00 per day
Posted: 12 hours ago
London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 13 hours ago
City, London
Hays Finance Technology
Rate: £500.00 - £580.00 per month
Posted: 13 hours ago
London
Lorien Resourcing
Posted: 13 hours ago
London
Hydrogen Group
Rate: £100.00 - £200.00 per day
Posted: 15 hours ago
London
ComputAppoint
Rate: £400 - £430 per day
Posted: 15 hours ago
London
Lorien Resourcing
Posted: 15 hours ago
London
Experis Ltd
Rate: £250.00 - £300.00 per day
Posted: 15 hours ago
London
McGregor Boyall
Rate: £350 - £400 per day
Posted: 17 hours ago
City, London
Canary Wharf and City
Rate: Up to £550 per day
Posted: 17 hours ago
City, London
JM
Rate: £600 - £650 per day
Posted: 17 hours ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 18 hours ago