The first table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the London region.

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
17 May 2013
Same period 2012 Same period 2011
Financial Institution
Rank 140 98 120
Rank change year-on-year
-42 +22
Contract jobs citing Financial Institution 315 531 508
As % of all contract IT jobs located in London 1.459% 1.983% 1.626%
As % of the General category 2.838% 3.733% 2.741%
Number of daily rates quoted 194 287 319
Average daily rate £475 £448 £525
Average daily rate % change year-on-year
+6.14% -14.76%
90% offered a daily rate of more than £358 £283 £375
10% offered a daily rate of more than £600 £608 £650
UK excluding London average daily rate £375 £378 £400
% change year-on-year
-0.66% -5.62%
Number of hourly rates quoted 1 6 10
Average hourly rate £23.00 £23.00 £43.75
Average hourly rate % change year-on-year
- -47.42%
UK excluding London average hourly rate £20.50 £22.00 £17.00
% change year-on-year
-6.81% +29.41%
All of the General Category
London
Contract IT job ads with a match in the
General category
11100 14226 18536
As % of all contract IT jobs located in London 51.41% 53.12% 59.33%
Number of daily rates quoted 7789 9705 12601
Average daily rate £500 £475 £525
Average daily rate % change year-on-year
+5.26% -9.52%
90% offered a daily rate of more than £305 £300 £350
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 153 228 299
Average hourly rate £22.50 £21.00 £23.50
Average hourly rate % change year-on-year
+7.14% -10.63%
90% offered a hourly rate of more than £13.00 £12.70 £12.50
10% offered a hourly rate of more than £45.00 £45.00 £50.00
UK excluding London average hourly rate £26.00 £25.00 £26.00
% change year-on-year
+4.00% -3.84%
Financial Institution
England

Financial Institution
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the London region as a proportion of the total demand within the General category.

London Financial Institution Jobs Demand Trend

Financial Institution
Daily Rate Trend

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

London Financial Institution Daily Rate Trend

Financial Institution
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the London region over the 3 months to 17 May 2013.

London Financial Institution Daily Rate Histogram

Financial Institution
Hourly Rate Trend

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

London Financial Institution Hourly Rate Trend

Financial Institution
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Financial Institution within the London region over the 3 months to 17 May 2013. 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
(Click each for more statistics)
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
City of London -20 107 £475 -
Canary Wharf -2 9 £500 -
Docklands, London +5 3 £625 +42.85%
Paddington - 2 - -
Financial Institution
England

Financial Institution
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Financial Institution 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 Financial Institution.

1 607 (100.00%) Finance
2 246 (40.53%) Banking
3 115 (18.95%) SQL
4 110 (18.12%) Windows
5 89 (14.66%) Investment Banking
5 89 (14.66%) Hedge funds
6 83 (13.67%) Project Management
7 78 (12.85%) Oracle
8 75 (12.36%) SQL Server
9 74 (12.19%) Front Office
10 70 (11.53%) .NET
11 69 (11.37%) C#
11 69 (11.37%) MS Office
11 69 (11.37%) Microsoft
12 65 (10.71%) MS Excel
13 58 (9.555%) UNIX
14 57 (9.390%) Derivative
15 56 (9.226%) Change Management
16 54 (8.896%) Migration
17 53 (8.731%) Linux
18 50 (8.237%) Risk Management
19 49 (8.072%) Asset Management
19 49 (8.072%) Java
20 44 (7.249%) Fixed Income
21 43 (7.084%) Windows 7
22 40 (6.590%) Retail
23 39 (6.425%) User Acceptance Testing
24 38 (6.260%) Business Analysis
25 37 (6.096%) PRINCE2
25 37 (6.096%) Active Directory

Financial Institution
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the London region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Development
1 70 (11.53%) .NET
2 29 (4.778%) XML
3 27 (4.448%) ASP.NET
4 17 (2.801%) Middleware
4 17 (2.801%) WebSphere
5 16 (2.636%) HTML
5 16 (2.636%) REST
6 15 (2.471%) HTML5
7 13 (2.142%) WCF
7 13 (2.142%) Web Services
8 12 (1.977%) .NET Framework
8 12 (1.977%) FIX Protocol
9 11 (1.812%) Ajax
10 9 (1.483%) CSS
10 9 (1.483%) jQuery
10 9 (1.483%) Oracle Fusion
11 8 (1.318%) ASP.NET MVC
12 6 (0.988%) WebCenter
12 6 (0.988%) LINQ
12 6 (0.988%) COM
Application Platforms
1 29 (4.778%) SharePoint
2 13 (2.142%) WebLogic
3 10 (1.647%) IIS
4 8 (1.318%) MS Exchange
4 8 (1.318%) WebSphere Application Server
5 6 (0.988%) WebSphere Process Server
6 5 (0.824%) Exchange Server 2007
6 5 (0.824%) SharePoint 2010
6 5 (0.824%) Exchange Server 2010
6 5 (0.824%) WebSphere MQ
7 4 (0.659%) SharePoint Server
7 4 (0.659%) ESB
7 4 (0.659%) TeamSite
7 4 (0.659%) Progress Apama
8 3 (0.494%) PowerExchange
8 3 (0.494%) CMS
9 2 (0.329%) SAS
9 2 (0.329%) Apache
9 2 (0.329%) MTS
9 2 (0.329%) Exchange Server 2003
Applications
1 69 (11.37%) MS Office
2 65 (10.71%) MS Excel
3 24 (3.954%) MS Visio
3 24 (3.954%) MS PowerPoint
4 20 (3.295%) Spreadsheet
5 14 (2.306%) MS Project
6 10 (1.647%) Acrobat
7 3 (0.494%) Open Workbench
Business Applications
1 14 (2.306%) Summit
2 9 (1.483%) Dynamics CRM
3 4 (0.659%) SimCorp Dimension
4 3 (0.494%) Cognos Business Intelligence
4 3 (0.494%) Temenos T24
4 3 (0.494%) SunGard APT
4 3 (0.494%) FastVal
5 2 (0.329%) RMDS
5 2 (0.329%) Oracle EBS R12
5 2 (0.329%) SAP GTS
5 2 (0.329%) LatentZero
5 2 (0.329%) Capstone
5 2 (0.329%) Tesseract
5 2 (0.329%) Minerva
5 2 (0.329%) Sentinel
6 1 (0.165%) Adaptiv
6 1 (0.165%) assyst
6 1 (0.165%) Oracle Financials
6 1 (0.165%) Oracle EBS
6 1 (0.165%) Kondor+
Communications & Networking
1 36 (5.931%) SAN
2 29 (4.778%) Internet
3 17 (2.801%) HTTP
4 13 (2.142%) TCP/IP
5 10 (1.647%) Firewall
5 10 (1.647%) NAS
6 8 (1.318%) WAN
6 8 (1.318%) Intranet
7 7 (1.153%) VPN
7 7 (1.153%) Network Security
8 6 (0.988%) Wireless
8 6 (0.988%) Connectrix
9 5 (0.824%) LAN
9 5 (0.824%) SSL
10 4 (0.659%) MPLS
10 4 (0.659%) SMS
10 4 (0.659%) VoIP
11 3 (0.494%) OSPF
11 3 (0.494%) BGP
11 3 (0.494%) LDAP
Database & Business Intelligence
1 75 (12.36%) SQL Server
2 24 (3.954%) SQL Server Analysis Services
3 19 (3.130%) Microsoft Analysis Services
4 17 (2.801%) SQL Server Integration Services
5 16 (2.636%) SQL Server Reporting Services
5 16 (2.636%) OLAP
6 14 (2.306%) BusinessObjects XI
7 12 (1.977%) Data Warehouse
7 12 (1.977%) Oracle 11g
8 11 (1.812%) Oracle OLAP
9 8 (1.318%) SQL Server 2008
10 6 (0.988%) MS Access
10 6 (0.988%) Sybase ASE
10 6 (0.988%) SQL Server 2005
10 6 (0.988%) OLTP
11 5 (0.824%) Ingres
11 5 (0.824%) Oracle 8/8i
12 4 (0.659%) SQL Server 2000
12 4 (0.659%) RDBMS
12 4 (0.659%) Oracle 10g
Development Applications
1 20 (3.295%) JUnit
2 15 (2.471%) Selenium
3 13 (2.142%) Mockito
3 13 (2.142%) Visual Studio
4 10 (1.647%) CruiseControl
5 9 (1.483%) Maven
6 8 (1.318%) Team Foundation Server
7 7 (1.153%) Ant
7 7 (1.153%) VSS/SourceSafe
8 5 (0.824%) MSI
8 5 (0.824%) JIRA
8 5 (0.824%) TeamCity
8 5 (0.824%) Jenkins
9 4 (0.659%) Build Forge
9 4 (0.659%) jMock
9 4 (0.659%) NUnit
10 3 (0.494%) AdminStudio
10 3 (0.494%) Subversion
10 3 (0.494%) Rational Rose
10 3 (0.494%) MSBuild
General
1 607 (100.00%) Finance
2 246 (40.53%) Banking
3 89 (14.66%) Investment Banking
4 74 (12.19%) Front Office
5 40 (6.590%) Retail
6 25 (4.119%) Back Office
7 21 (3.460%) Legal
8 15 (2.471%) Retail Banking
9 12 (1.977%) Law
10 8 (1.318%) Telecoms
11 6 (0.988%) Marketing
12 5 (0.824%) French Language
12 5 (0.824%) Private Banking
13 3 (0.494%) Publishing
14 1 (0.165%) Italian Language
14 1 (0.165%) International Banking
14 1 (0.165%) General Ledger
14 1 (0.165%) Wholesale Banking
Job Titles
1 161 (26.52%) Analyst
2 111 (18.29%) Developer
3 74 (12.19%) Business Analyst
4 63 (10.38%) Project Manager
5 43 (7.084%) C# Developer
6 29 (4.778%) Architect
7 27 (4.448%) Consultant
8 23 (3.789%) Support Analyst
9 18 (2.965%) Administrator
10 16 (2.636%) Java Developer
11 14 (2.306%) Support Engineer
11 14 (2.306%) Technical Analyst
12 13 (2.142%) Service Analyst
12 13 (2.142%) Test Analyst
12 13 (2.142%) Programme Manager
13 11 (1.812%) Senior Developer
13 11 (1.812%) Technical Business Analyst
14 10 (1.647%) Banking Business Analyst
14 10 (1.647%) C# .NET Developer
14 10 (1.647%) Solutions Architect
Miscellaneous
1 89 (14.66%) Hedge funds
2 57 (9.390%) Derivative
3 44 (7.249%) Fixed Income
4 26 (4.283%) Equities
5 22 (3.624%) Foreign Exchange (FX)
5 22 (3.624%) Credit Risk
6 21 (3.460%) Market Risk
6 21 (3.460%) PMI
7 19 (3.130%) Credit Derivative
7 19 (3.130%) Visualisation
8 18 (2.965%) Exotic Derivative
9 17 (2.801%) Clustering
10 16 (2.636%) Blackberry
11 14 (2.306%) Digital Media
12 11 (1.812%) Management Information System
13 9 (1.483%) EMC Centera
13 9 (1.483%) Reference Data
13 9 (1.483%) Symmetrix DMX
14 8 (1.318%) CLARiiON
15 7 (1.153%) SWIFT
Operating Systems
1 110 (18.12%) Windows
2 58 (9.555%) UNIX
3 53 (8.731%) Linux
4 43 (7.084%) Windows 7
5 26 (4.283%) Solaris
6 18 (2.965%) Windows XP
6 18 (2.965%) Windows Server 2003
6 18 (2.965%) Red Hat Enterprise Linux
7 11 (1.812%) Windows Server 2008
8 10 (1.647%) AIX
9 8 (1.318%) HPUX
10 6 (0.988%) VMS
11 4 (0.659%) NetWare
12 3 (0.494%) Android
13 2 (0.329%) Apple iOS
14 1 (0.165%) Windows 8
14 1 (0.165%) Mac OS X
Processes & Methodologies
1 83 (13.67%) Project Management
2 56 (9.226%) Change Management
3 54 (8.896%) Migration
4 50 (8.237%) Risk Management
5 49 (8.072%) Asset Management
6 39 (6.425%) User Acceptance Testing
7 38 (6.260%) Business Analysis
8 37 (6.096%) PRINCE2
9 34 (5.601%) Stakeholder Management
10 28 (4.613%) Information Security
10 28 (4.613%) E-Commerce
10 28 (4.613%) Multithreading
11 27 (4.448%) TDD
12 25 (4.119%) ITIL
13 24 (3.954%) Data Analysis
14 23 (3.789%) Scrum
14 23 (3.789%) Business Intelligence
15 19 (3.130%) Data Modelling
15 19 (3.130%) Agile Software Development
16 18 (2.965%) Investment Management
Programming Languages
1 115 (18.95%) SQL
2 69 (11.37%) C#
3 49 (8.072%) Java
4 32 (5.272%) JavaScript
5 20 (3.295%) VBA
6 18 (2.965%) Perl
7 13 (2.142%) PL/SQL
8 9 (1.483%) C
9 8 (1.318%) VB
10 5 (0.824%) VBScript
10 5 (0.824%) Python
10 5 (0.824%) C++
11 4 (0.659%) T-SQL
11 4 (0.659%) Shell Script
11 4 (0.659%) VB.NET
11 4 (0.659%) PowerShell
11 4 (0.659%) Jython
12 3 (0.494%) Groovy
13 2 (0.329%) Korn
14 1 (0.165%) Scala
Qualifications
1 35 (5.766%) Degree
2 24 (3.954%) PMI Certification
3 15 (2.471%) PMP
4 14 (2.306%) Security Cleared
5 10 (1.647%) SC Cleared
6 7 (1.153%) CAPM
7 6 (0.988%) PRINCE2 Certification
8 5 (0.824%) CISSP
8 5 (0.824%) ISEB
8 5 (0.824%) CISM
8 5 (0.824%) VCDX
9 4 (0.659%) Six Sigma Green Belt
9 4 (0.659%) CISA
9 4 (0.659%) Six Sigma Black Belt
9 4 (0.659%) IBM Certification
10 3 (0.494%) GIAC
10 3 (0.494%) ISEB Practitioner
10 3 (0.494%) Cisco Certification
10 3 (0.494%) ITIL Certification
11 2 (0.329%) Microsoft Certification
Quality Assurance & Compliance
1 18 (2.965%) QA
2 13 (2.142%) SLA
3 7 (1.153%) Basel III
4 6 (0.988%) Basel II
5 4 (0.659%) MiFID
5 4 (0.659%) FATCA
6 3 (0.494%) ISO/IEC 27001
7 2 (0.329%) Data Quality
8 1 (0.165%) GAAP
System Software
1 37 (6.096%) Active Directory
2 25 (4.119%) VMware Infrastructure
3 8 (1.318%) XenApp
3 8 (1.318%) SRDF
4 7 (1.153%) Oracle RAC
4 7 (1.153%) VMware ESX
5 6 (0.988%) vSphere
6 5 (0.824%) Veritas Volume Manager
6 5 (0.824%) Veritas Cluster Server
7 4 (0.659%) Veritas File System
7 4 (0.659%) Cronacle
8 3 (0.494%) Microsoft App-V
8 3 (0.494%) XenDesktop
9 1 (0.165%) Tivoli Directory Server
9 1 (0.165%) ProxySG
9 1 (0.165%) Tivoli Workload Scheduler
9 1 (0.165%) XenServer
Systems Management
1 13 (2.142%) HP Quality Center
2 8 (1.318%) SCCM
2 8 (1.318%) EMC TimeFinder
3 7 (1.153%) Data Guard
4 5 (0.824%) BladeLogic
5 4 (0.659%) SCOM
6 2 (0.329%) Oracle Identity Manager
6 2 (0.329%) FortiGate
6 2 (0.329%) DameWare
6 2 (0.329%) EMC Navisphere
6 2 (0.329%) Tivoli
6 2 (0.329%) Control-M
7 1 (0.165%) CA SiteMinder
7 1 (0.165%) Tivoli Identity Manager
7 1 (0.165%) MOM
Vendors
1 78 (12.85%) Oracle
2 69 (11.37%) Microsoft
3 33 (5.437%) EMC
4 31 (5.107%) VMware
5 26 (4.283%) HP
6 23 (3.789%) Cisco
7 22 (3.624%) Red Hat
8 19 (3.130%) Business Objects
9 18 (2.965%) Citrix
10 16 (2.636%) Bloomberg
11 15 (2.471%) Sybase
11 15 (2.471%) IBM
12 14 (2.306%) NetApp
13 12 (1.977%) Veritas
13 12 (1.977%) Informatica
14 11 (1.812%) Reuters
15 10 (1.647%) Calypso
15 10 (1.647%) Adobe
16 9 (1.483%) Fidessa
17 8 (1.318%) SAP
City of London
The C# Developer will develop using .NET components, employ OO-principles, develop in SQL Server Stored procedures and other responsibilities that ensure the C# Developer has an impact...
Real Staffing
Rate: £400 - £500 per annum
Posted: 15 May 2013
London
You will have strong knowledge of one of more traded products from a support perspective and extensive experience troubleshooting trading outages around the FIX protocol... You will have...
Hatstand Limited
Rate: £350 - £400 per day
Posted: 13 May 2013
City, London
Requirements/responsibilities: - 5+ years Perl design and development experience - perl data structures and references, Object-Oriented Perl, modules, and packages - 5+ years Sybase database experience (SQL, stored procedures,...
Aston Carter
Rate: 475
Posted: 17 May 2013
City of London
Location: London Essential Skills: Java (server), C# (client), XML, XSLT Nice to have skills: WebSphere or similar application server, Agile, Test Driven Development (TDD) Middle Office, client/server.
Huxley Associates
Rate: £450 - £600 per day
Posted: 15 May 2013
City of London
Location: London Key Skills: Java (server), C# (client), XML, XSLT, WebSphere or similar application server, Agile, Test Driven Development (TDD) Middle Office, client/server. Leading financial institution based...
Huxley Associates
Rate: £450 - £550 per day
Posted: 15 May 2013
London
It is essential that candidates have extensive exposure to working with Anti Money Laundering projects and have proven ability to manage large projects. This project sits within a...
iKas International
Rate: £500 - £550 per day
Posted: 16 May 2013
London
It is essential that candidates have extensive exposure to working with Anti Money Laundering projects and have proven ability to manage large projects. This project sits within a...
iKas International
Rate: £575 - £650 per day
Posted: 16 May 2013
City of London
C#, .Net 4.0, ASP.Net MVC 3, MVC, ASP.Net, Ecommerce, WCF, Linq, SQL Server, Visual Studio 2010, SSRS, JavaScript, HTML 5, CSS, Insurance, Finance, Accounting) ASP...
ITHR
Rate: £300 - £400 per day
Posted: 10 May 2013
City of London
Location: City of London Key skills: Java, Core Java, Agile, SCRUM, Test Driven Development, TDD, Behaviour Driven Development, BDD, CI, JUnit, Mockito, Selenium, API Design, REST, HTML5, Javascript.
Huxley Associates
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
Location: City of London Key skills: Java, Core Java, Agile, SCRUM, Test Driven Development, TDD, Behaviour Driven Development, BDD, CI, JUnit, Mockito, Selenium, API Design, REST, HTML5, Javascript.
Huxley Associates
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
Credit Risk Business Analyst, Banking, London, Banking Book, RWAs, Basel II, £500-580 A key banking client in London urgently require a strong banking book side credit risk...
Orgtel
Posted: 15 May 2013
City of London
Credit Risk Business Analyst, Banking, London, Banking Book, RWAs, Basel II, £negotiable rate A key banking client in London urgently require a strong banking book side credit risk...
Orgtel
Posted: 15 May 2013
City of London
SharePoint Tester - 3 Month Contract - City of London - £ Excellent Day RateSharePoint Tester required by our client who are a globally recognised and highly regarded financial institution to work...
Pioneer Consulting
Rate: Negotiable
Posted: 14 May 2013
City of London
Location: City of London Key skills: Agile, SCRUM, XP, TDD, Ant, Maven, JUnit, Mockito, Selenium, Java, MQ, REST, HTML5 Leading financial institution requires a number of Java Developer /...
Huxley Associates
Rate: £500 - £700 per month
Posted: 15 May 2013
London
Global financial institution requires a storage administrator for a contract position. You should have extensive hands on experience within a support function, preferably from within financial services.
Scope AT Ltd
Rate: negotiable
Posted: 7 May 2013
City, London
A leading investment bank requires a senior Desktop Support Analyst/Engineer to migrate a large numbers of users (10,000+) from XP over to Windows 7... - In depth...
iKas International
Rate: £200 - £250 per day
Posted: 13 May 2013
London
A Financial institution client of mine are looking for a strong workflow Project Manager to play a pivotal role in a global programme. The successful candidate will need...
Huxley Associates
Rate: £500 - £600 per day
Posted: 18 May 2013
City of London
Batch/Critical Path Analysis/Batch Performance/Batch Best Practice/IBM Mainframe Batch Processing Expert - A leading Financial Institution is looking for a Batch Processing Expert who has extensive...
Salt
Rate: Negotiable
Posted: 15 May 2013
City of London
Business Development manager is required by one of my financial services clients. This industry leading bank is seeking a Senior Business Development Manager to generate business both here...
Real Staffing
Rate: £700 - £750 per day
Posted: 15 May 2013