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 21 October 2014 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
21 Oct 2014
Same period 2013 Same period 2012
Banking
Rank 6 4 4
Rank change year-on-year
-2 0
Contract jobs citing Banking 3665 4818 5099
As % of all contract IT jobs located in London 14.88% 19.02% 20.54%
As % of the General category 33.09% 38.01% 39.13%
Number of daily rates quoted 2751 3645 3782
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 £325 £325
10% offered a daily rate of more than £650 £650 £640
UK excluding London average daily rate £415 £396 £380
% change year-on-year
+4.79% +4.21%
Number of hourly rates quoted 14 18 23
Average hourly rate £21.50 £19.75 £23.50
Average hourly rate % change year-on-year
+8.86% -15.95%
90% offered a hourly rate of more than £16.53 £12.50 £16.50
10% offered a hourly rate of more than £63.65 £53.50 £87.20
UK excluding London average hourly rate £10.00 £14.00 £19.00
% change year-on-year
-28.57% -26.31%
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
11075 12674 13032
As % of all contract IT jobs located in London 44.95% 50.03% 52.50%
Number of daily rates quoted 8002 8962 9035
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 £637
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 142 161 213
Average hourly rate £21.50 £21.00 £23.07
Average hourly rate % change year-on-year
+2.38% -8.97%
90% offered a hourly rate of more than £13.00 £13.00 £13.00
10% offered a hourly rate of more than £41.75 £46.00 £51.60
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

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 21 October 2014.

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 21 October 2014.

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 21 October 2014. 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 1114 £500 - 280
Docklands, London 0 41 £519 -5.68% 6
Canary Wharf -6 12 £500 -9.09%
Croydon -5 5 £550 +37.50% 1
Romford +1 2 £625 +8.69% 1
Hounslow - 2 - -
Westminster -4 1 £550 +46.66% 1
Feltham - 1 £425 -
Harrow - - - -
Hayes - - - -
Kingston Upon Thames - - - - 2
Dagenham - - - -
Bromley - - - - 1
Carshalton - - - -
Surbiton - - - - 2
Twickenham - - - -
Uxbridge - - - -
Paddington - - - -
Hammersmith - - - -
Mayfair - - - -
Ealing - - - -
Banking
England

Banking
Top 30 Related IT Skills in London

For the 6 months to 21 October 2014, 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 3178 (45.75%) Finance
2 3064 (44.11%) Investment Banking
3 1476 (21.25%) SQL
4 1105 (15.91%) Agile Software Development
5 1066 (15.35%) Java
6 973 (14.01%) Front Office
7 952 (13.71%) Oracle
8 754 (10.86%) Windows
9 733 (10.55%) Project Management
10 716 (10.31%) UNIX
11 706 (10.16%) C#
12 674 (9.70%) Linux
13 660 (9.50%) Stakeholder Management
14 576 (8.29%) Microsoft
15 574 (8.26%) Analytical Skills
16 560 (8.06%) SQL Server
17 534 (7.69%) Foreign Exchange (FX)
18 517 (7.44%) Retail
19 513 (7.39%) .NET
20 493 (7.10%) Business Analysis
21 470 (6.77%) Degree
22 445 (6.41%) Derivative
23 422 (6.08%) JavaScript
24 408 (5.87%) Multithreading
25 405 (5.83%) HTML
26 389 (5.60%) Fixed Income
27 364 (5.24%) User Acceptance Testing
28 363 (5.23%) Risk Management
29 362 (5.21%) MS Excel
30 358 (5.15%) TDD

Banking
Top Related IT Skills in London by Category

For the 6 months to 21 October 2014, 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 (2.75%) SharePoint
2 132 (1.90%) WebSphere
3 102 (1.47%) Tomcat
4 98 (1.41%) WebLogic
5 79 (1.14%) SAS
6 69 (0.99%) Apache
7 63 (0.91%) IIS
7 63 (0.91%) CMS
8 62 (0.89%) JBoss
8 62 (0.89%) MS Exchange
9 59 (0.85%) Oracle Coherence
10 53 (0.76%) Lync
11 41 (0.59%) IBM Notes
12 40 (0.58%) Exchange Server 2010
13 32 (0.46%) Node.js
14 30 (0.43%) SharePoint 2010
15 29 (0.42%) BizTalk Server
16 28 (0.40%) TIBCO EMS
17 24 (0.35%) Oracle Workflow
17 24 (0.35%) WebSphere Application Server
Applications
1 362 (5.21%) MS Excel
2 251 (3.61%) MS Office
3 193 (2.78%) MS PowerPoint
4 129 (1.86%) MS Project
5 112 (1.61%) MS Visio
6 38 (0.55%) Photoshop
7 34 (0.49%) Spreadsheet
8 29 (0.42%) Adobe Illustrator
9 10 (0.14%) OmniGraffle
10 6 (0.086%) Adobe Creative Suite
11 5 (0.072%) Open Workbench
12 4 (0.058%) Adobe Captivate
13 2 (0.029%) SPSS
13 2 (0.029%) Acrobat
13 2 (0.029%) RoboHelp
13 2 (0.029%) Fireworks
14 1 (0.014%) FrameMaker
14 1 (0.014%) Stata
14 1 (0.014%) InDesign
14 1 (0.014%) DOC1
Business Applications
1 40 (0.58%) RMDS
2 34 (0.49%) Dynamics CRM
2 34 (0.49%) Summit
3 33 (0.48%) ION MarketView
4 29 (0.42%) Cognos TM1
5 19 (0.27%) Markit EDM
6 16 (0.23%) SAP FI
6 16 (0.23%) Oracle EBS
7 15 (0.22%) Temenos T24
7 15 (0.22%) Loan IQ
8 14 (0.20%) SunGard GMI
8 14 (0.20%) IntelliMatch
9 13 (0.19%) Oracle EBS R12
10 12 (0.17%) SAP Oil and Gas
11 9 (0.13%) Oracle BPM
12 8 (0.12%) SAP BPC
12 8 (0.12%) Oracle Subledger Accounting
12 8 (0.12%) Cognos Business Intelligence
12 8 (0.12%) Remedy ITSM
12 8 (0.12%) SAP CO
Cloud Services
1 22 (0.32%) Cloud Computing
2 21 (0.30%) SaaS
3 11 (0.16%) Microsoft Azure
4 8 (0.12%) Force.com
4 8 (0.12%) Office 365
5 3 (0.043%) IaaS
5 3 (0.043%) IBM Blueworks
5 3 (0.043%) Amazon EC2
6 2 (0.029%) PaaS
6 2 (0.029%) Responsys
6 2 (0.029%) IBM SmartCloud
6 2 (0.029%) GitHub
7 1 (0.014%) Basecamp
7 1 (0.014%) OpenShift
7 1 (0.014%) Taleo
7 1 (0.014%) Heroku
7 1 (0.014%) Google Apps
7 1 (0.014%) Amazon AWS
Communications & Networking
1 156 (2.25%) Firewall
2 120 (1.73%) TCP/IP
3 111 (1.60%) Internet
4 94 (1.35%) DNS
5 87 (1.25%) WAN
6 83 (1.19%) LAN
7 74 (1.07%) SAN
8 60 (0.86%) Intranet
9 57 (0.82%) Network Security
10 56 (0.81%) BGP
11 47 (0.68%) VPN
12 45 (0.65%) OSPF
13 42 (0.60%) Multicast
14 37 (0.53%) LDAP
15 32 (0.46%) DHCP
16 31 (0.45%) Cisco Nexus
17 30 (0.43%) Cisco IOS
17 30 (0.43%) VLAN
18 29 (0.42%) EIGRP
19 27 (0.39%) SSL
Database & Business Intelligence
1 560 (8.06%) SQL Server
2 260 (3.74%) Relational Database
3 243 (3.50%) Data Warehouse
4 208 (2.99%) Oracle Database
5 178 (2.56%) SQL Server Integration Services
6 136 (1.96%) QlikView
7 127 (1.83%) SQL Server Reporting Services
8 122 (1.76%) Big Data
9 119 (1.71%) SQL Server 2008
10 101 (1.45%) RDBMS
11 78 (1.12%) MongoDB
12 77 (1.11%) SQL Server Analysis Services
12 77 (1.11%) Oracle Database 11g
13 74 (1.07%) Hadoop
14 63 (0.91%) DB2
15 59 (0.85%) Oracle Database 10g
16 55 (0.79%) NoSQL
17 45 (0.65%) Data Mining
18 44 (0.63%) Sybase ASE
19 41 (0.59%) MS Access
Development Applications
1 143 (2.06%) JIRA
2 140 (2.02%) Subversion
3 109 (1.57%) Maven
4 89 (1.28%) JUnit
5 87 (1.25%) TeamCity
6 74 (1.07%) Git (software)
7 48 (0.69%) Eclipse
8 47 (0.68%) Visual Studio
9 45 (0.65%) Ant
9 45 (0.65%) Selenium
10 43 (0.62%) QuickTest Pro
11 39 (0.56%) CruiseControl
12 38 (0.55%) NUnit
13 34 (0.49%) Jenkins
14 33 (0.48%) jMock
15 31 (0.45%) Team Foundation Server
16 27 (0.39%) Hudson
17 24 (0.35%) Cucumber
17 24 (0.35%) Jasmine
18 23 (0.33%) Grunt
General
1 3178 (45.75%) Finance
2 3064 (44.11%) Investment Banking
3 973 (14.01%) Front Office
4 517 (7.44%) Retail
5 347 (5.00%) Retail Banking
6 249 (3.58%) Back Office
7 220 (3.17%) Financial Institution
8 163 (2.35%) Legal
9 112 (1.61%) Telecoms
10 68 (0.98%) Corporate Banking
11 54 (0.78%) Private Banking
11 54 (0.78%) Marketing
12 49 (0.71%) Law
13 48 (0.69%) Advertising
13 48 (0.69%) International Banking
14 45 (0.65%) French Language
15 23 (0.33%) Games
15 23 (0.33%) General Ledger
16 22 (0.32%) Publishing
16 22 (0.32%) Manufacturing
Job Titles
1 1867 (26.88%) Developer
2 1764 (25.40%) Analyst
3 984 (14.17%) Business Analyst
4 756 (10.88%) Project Manager
5 482 (6.94%) Java Developer
6 319 (4.59%) Architect
7 283 (4.07%) Consultant
8 282 (4.06%) Banking Business Analyst
9 272 (3.92%) C# Developer
10 216 (3.11%) Senior Developer
11 173 (2.49%) Support Analyst
12 163 (2.35%) Programme Manager
13 148 (2.13%) Data Analyst
14 132 (1.90%) C++ Developer
15 127 (1.83%) Senior Manager
16 122 (1.76%) Administrator
16 122 (1.76%) SQL Developer
17 116 (1.67%) Test Analyst
18 115 (1.66%) Senior Analyst
19 109 (1.57%) Applications Support
Libraries, Frameworks & Software Standards
1 513 (7.39%) .NET
2 405 (5.83%) HTML
3 263 (3.79%) XML
4 229 (3.30%) Spring
5 216 (3.11%) HTML5
6 204 (2.94%) CSS
7 201 (2.89%) Web Services
8 186 (2.68%) WPF
9 173 (2.49%) Middleware
10 160 (2.30%) ASP.NET
11 152 (2.19%) WCF
12 127 (1.83%) jQuery
12 127 (1.83%) Hibernate
13 126 (1.81%) AngularJS
14 111 (1.60%) J2EE
15 105 (1.51%) JMS
16 102 (1.47%) FIX Protocol
17 90 (1.30%) .NET Framework
18 79 (1.14%) REST
19 71 (1.02%) SOAP
Miscellaneous
1 574 (8.26%) Analytical Skills
2 534 (7.69%) Foreign Exchange (FX)
3 445 (6.41%) Derivative
4 389 (5.60%) Fixed Income
5 275 (3.96%) Credit Risk
6 255 (3.67%) Market Risk
7 245 (3.53%) Equities
8 179 (2.58%) Computer Science
9 165 (2.38%) User Experience
10 132 (1.90%) Management Information System
11 128 (1.84%) Data Structures
12 90 (1.30%) SWIFT
12 90 (1.30%) Credit Derivative
13 86 (1.24%) Mathematics
14 84 (1.21%) Mobile Banking
15 81 (1.17%) Visualisation
16 77 (1.11%) Reference Data
16 77 (1.11%) Mobile App
17 75 (1.08%) Hedge funds
17 75 (1.08%) Blackberry
Operating Systems
1 754 (10.86%) Windows
2 716 (10.31%) UNIX
3 674 (9.70%) Linux
4 169 (2.43%) Windows 7
5 161 (2.32%) Solaris
6 142 (2.04%) Red Hat Enterprise Linux
7 113 (1.63%) Windows Server 2008
8 87 (1.25%) Windows Server 2003
9 72 (1.04%) Windows XP
10 50 (0.72%) Apple iOS
11 37 (0.53%) Android
12 35 (0.50%) AIX
13 33 (0.48%) zOS
14 32 (0.46%) SUSE
15 18 (0.26%) Windows Server 2012
16 12 (0.17%) Windows 8
17 10 (0.14%) HPUX
18 6 (0.086%) Windows 2000
19 5 (0.072%) Mac OS X
20 4 (0.058%) Windows Mobile
Processes & Methodologies
1 1105 (15.91%) Agile Software Development
2 733 (10.55%) Project Management
3 660 (9.50%) Stakeholder Management
4 493 (7.10%) Business Analysis
5 408 (5.87%) Multithreading
6 364 (5.24%) User Acceptance Testing
7 363 (5.23%) Risk Management
8 358 (5.15%) TDD
9 327 (4.71%) OO
10 313 (4.51%) Migration
11 301 (4.33%) Low Latency
12 298 (4.29%) ITIL
13 286 (4.12%) Analytics
14 283 (4.07%) Change Management
15 263 (3.79%) Data Modelling
16 256 (3.69%) Business Intelligence
17 250 (3.60%) Scrum
18 239 (3.44%) Data Analysis
19 235 (3.38%) ETL
20 217 (3.12%) PRINCE2
Programming Languages
1 1476 (21.25%) SQL
2 1066 (15.35%) Java
3 706 (10.16%) C#
4 422 (6.08%) JavaScript
5 353 (5.08%) C++
6 262 (3.77%) Python
7 213 (3.07%) Perl
8 194 (2.79%) Shell Script
9 179 (2.58%) VBA
10 174 (2.51%) PL/SQL
11 155 (2.23%) PowerShell
12 124 (1.79%) C
13 107 (1.54%) T-SQL
14 78 (1.12%) VB
15 56 (0.81%) Scala
16 48 (0.69%) VBScript
17 40 (0.58%) Korn
18 39 (0.56%) Bash Shell
19 32 (0.46%) Ruby
20 29 (0.42%) VB.NET
Qualifications
1 470 (6.77%) Degree
2 96 (1.38%) PMI Certification
3 81 (1.17%) Cisco Certification
4 76 (1.09%) ISEB
5 64 (0.92%) CCNP
6 56 (0.81%) PMP
7 50 (0.72%) CISSP
8 47 (0.68%) Microsoft Certification
9 38 (0.55%) PRINCE2 Certification
10 33 (0.48%) ISTQB
11 32 (0.46%) CISA
12 29 (0.42%) CISM
13 23 (0.33%) ITIL Certification
14 21 (0.30%) CCIE
14 21 (0.30%) CCSE
15 19 (0.27%) CCNA
16 18 (0.26%) PRINCE2 Practitioner
17 17 (0.24%) MCSE
18 16 (0.23%) Security Cleared
18 16 (0.23%) ISEB Practitioner
Quality Assurance & Compliance
1 239 (3.44%) QA
2 93 (1.34%) EMIR
3 92 (1.32%) Dodd-Frank
4 60 (0.86%) Sarbanes-Oxley
5 57 (0.82%) Basel III
6 53 (0.76%) ISO 9001
7 41 (0.59%) FATCA
8 38 (0.55%) SLA
9 35 (0.50%) MiFID
10 27 (0.39%) Data Quality
11 22 (0.32%) COBIT
12 15 (0.22%) ISO/IEC 27001
13 13 (0.19%) Basel II
14 12 (0.17%) COREP
15 10 (0.14%) AIFMD
15 10 (0.14%) PCI DSS
16 8 (0.12%) UCITS
17 5 (0.072%) FINREP
17 5 (0.072%) CRD IV
18 4 (0.058%) P3O
System Software
1 207 (2.98%) Active Directory
2 76 (1.09%) VMware Infrastructure
3 71 (1.02%) XenApp
4 44 (0.63%) Oracle RMAN
5 42 (0.60%) Oracle RAC
6 34 (0.49%) Microsoft App-V
6 34 (0.49%) ACF2
7 32 (0.46%) RACF
8 28 (0.40%) VMware ESX
9 24 (0.35%) XenDesktop
9 24 (0.35%) Veritas Cluster Server
10 23 (0.33%) XenServer
11 22 (0.32%) vSphere
12 21 (0.30%) Apache Flume
13 19 (0.27%) Apache ZooKeeper
13 19 (0.27%) HDFS
14 14 (0.20%) Veritas Volume Manager
15 12 (0.17%) ProxySG
16 11 (0.16%) NFS
17 9 (0.13%) Snort
Systems Management
1 131 (1.89%) HP Quality Center
2 76 (1.09%) Control-M
2 76 (1.09%) SCCM
3 70 (1.01%) Tivoli
4 42 (0.60%) ITRS Geneos
5 27 (0.39%) Puppet
5 27 (0.39%) Tivoli Storage Manager
6 26 (0.37%) Data Guard
7 23 (0.33%) BladeLogic
8 22 (0.32%) SCOM
9 21 (0.30%) BMC PATROL
10 19 (0.27%) Ambari
10 19 (0.27%) Oozie
11 16 (0.23%) Cisco CUCM
12 15 (0.22%) NetBackup
13 13 (0.19%) Opscode Chef
14 11 (0.16%) HP SIM
14 11 (0.16%) Oracle Identity Manager
14 11 (0.16%) WMI
14 11 (0.16%) Nagios
Vendors
1 952 (13.71%) Oracle
2 576 (8.29%) Microsoft
3 263 (3.79%) Sybase
4 185 (2.66%) Citrix
5 180 (2.59%) Cisco
6 173 (2.49%) Red Hat
7 156 (2.25%) IBM
8 149 (2.15%) HP
9 137 (1.97%) VMware
10 106 (1.53%) Business Objects
10 106 (1.53%) Informatica
11 97 (1.40%) TIBCO
12 94 (1.35%) SAP
13 87 (1.25%) Cognos
14 86 (1.24%) Bloomberg
15 76 (1.09%) Murex
16 73 (1.05%) CheckPoint
17 68 (0.98%) Tableau
18 67 (0.96%) F5
19 63 (0.91%) Reuters
City, London
Harrington Starr
Rate: £650 per day
Posted: 4 hours ago
City, London
Hydrogen Group
Rate: £0.00 - £515.00 per annum
Posted: 5 hours ago
City, London
Evolution Recruitment Solutions
Rate: Market Rate
Posted: 5 hours ago
London
Hydrogen Group
Rate: £650.00 per day
Posted: 6 hours ago
London
Hydrogen Group
Rate: £400.00 per day
Posted: 6 hours ago
City, London
Aston Carter
Rate: £400 - £450 per day
Posted: 7 hours ago
London
Experis Ltd
Posted: 7 hours ago
London
ComputAppoint
Rate: £400 - £600 per day
Posted: 7 hours ago
East London
Oliver Bernard
Rate: From £600 to £700 per day
Posted: 7 hours ago
London
Hays Finance Technology
Rate: £500.00 per day
Posted: 7 hours ago
London
Harvey Nash plc
Rate: £550 - £650 per day
Posted: 8 hours ago
London
TEKsystems
Rate: £650.00 - £750.00 per day
Posted: 8 hours ago
London
ARC IT Recruitment Ltd
Rate: £250 Per Day
Posted: 8 hours ago
London
Hydrogen Group
Rate: £500.00 - £550.00 per annum
Posted: 8 hours ago
London
Hydrogen Group
Rate: £415.00 per day
Posted: 9 hours ago
London
McGregor Boyall
Rate: £450 - £600 per day
Posted: 10 hours ago
London
Talent International
Posted: 11 hours ago
London
Harvey Nash plc
Rate: £500 - £600 per day
Posted: 11 hours ago
London
TEKsystems
Rate: £400 - £450 per day
Posted: 12 hours ago
London
Experis Ltd
Rate: market rate value
Posted: 13 hours ago