Financial Institution Contracts in the UK excluding London

Financial Institution
UK > UK excluding London

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 29 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
29 May 2024
Same period 2023 Same period 2022
Rank 349 327 437
Rank change year-on-year -22 +110 -7
Contract jobs citing Financial Institution 43 120 68
As % of all contract jobs advertised in the UK excluding London 0.21% 0.53% 0.22%
As % of the General category 0.39% 0.93% 0.40%
Number of daily rates quoted 36 100 22
10th Percentile £250 £450 £239
25th Percentile £438 £480 £317
Median daily rate (50th Percentile) £495 £525 £438
Median % change year-on-year -5.71% +20.00% -12.50%
75th Percentile £668 £600 £531
90th Percentile £750 £694 £629
UK median daily rate £600 £600 £600

All General Skills
UK excluding London

Financial Institution is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for common skills.

Contract vacancies with a requirement for common skills 11,159 12,839 17,046
As % of all contract IT jobs advertised in the UK excluding London 53.91% 56.30% 55.91%
Number of daily rates quoted 6,338 8,711 11,701
10th Percentile £206 £230 £213
25th Percentile £363 £400 £375
Median daily rate (50th Percentile) £490 £500 £475
Median % change year-on-year -2.00% +5.26% +8.57%
75th Percentile £595 £600 £575
90th Percentile £688 £700 £650
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 1,687 730 1,051
10th Percentile £12.50 £13.31 £12.50
25th Percentile £15.00 £15.25 £14.11
Median hourly rate £28.00 £27.84 £19.50
Median % change year-on-year +0.57% +42.77% +0.31%
75th Percentile £53.75 £60.00 £37.43
90th Percentile £67.38 £68.75 £56.00
UK median hourly rate £30.00 £32.50 £22.50
% change year-on-year -7.69% +44.44% +2.27%

Financial Institution
Job Vacancy Trend in the UK excluding London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Financial Institution in the UK excluding London

Financial Institution
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Financial Institution in the UK excluding London.

Daily rate trend for Financial Institution in the UK excluding London

Financial Institution
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Financial Institution in the UK excluding London over the 6 months to 29 May 2024.

Daily rate histogram for Financial Institution in the UK excluding London

Financial Institution
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Financial Institution in the UK excluding London.

Hourly rate trend for Financial Institution in the UK excluding London

Financial Institution
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the UK excluding London region over the 6 months to 29 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
North of England +8 12 £525 +5.00% 7
Scotland +35 11 £750 +36.36% 6
North West +20 11 £525 -2.33% 4
South East -13 10 £259 -50.76% 10
South West +11 6 £450 -18.18% 10
East of England +5 2 £655 +25.96% 1
Midlands -19 2 £300 -40.00% 6
West Midlands -19 2 £300 -40.00% 6
Yorkshire -5 1 - - 3
Financial Institution
UK

Financial Institution
Co-occurring Skills and Capabilities in the UK excluding London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (9.30%) Microsoft Exchange
Applications
1 1 (2.33%) Microsoft Office
Business Applications
1 5 (11.63%) Actimize
2 1 (2.33%) Adobe Campaign
2 1 (2.33%) Eloqua
Cloud Services
1 7 (16.28%) Azure
2 4 (9.30%) AWS
3 1 (2.33%) Azure DevOps
3 1 (2.33%) Azure Functions
3 1 (2.33%) Cloud Computing
3 1 (2.33%) GCP
3 1 (2.33%) Microsoft 365
3 1 (2.33%) Serverless
3 1 (2.33%) Supabase
Communications & Networking
1 5 (11.63%) Wireless
2 4 (9.30%) Firewall
2 4 (9.30%) TCP/IP
2 4 (9.30%) VLAN
3 1 (2.33%) DMZ
3 1 (2.33%) SSL
3 1 (2.33%) VPN
Database & Business Intelligence
1 4 (9.30%) Big Data
1 4 (9.30%) Data Warehouse
1 4 (9.30%) Parquet
2 2 (4.65%) Oracle Exadata
3 1 (2.33%) MySQL
3 1 (2.33%) Oracle Database
3 1 (2.33%) PostgreSQL
3 1 (2.33%) SQL Server
Development Applications
1 4 (9.30%) JIRA
General
1 43 (100.00%) Finance
2 4 (9.30%) Analytical Skills
2 4 (9.30%) Social Skills
3 3 (6.98%) Banking
4 2 (4.65%) Front Office
5 1 (2.33%) Automotive
5 1 (2.33%) Manufacturing
5 1 (2.33%) Marketing
Job Titles
1 13 (30.23%) Developer
2 7 (16.28%) Java Developer
2 7 (16.28%) Java Scala Developer
2 7 (16.28%) Linux Developer
2 7 (16.28%) Network Engineer
2 7 (16.28%) Scala Developer
3 5 (11.63%) Support Engineer
4 4 (9.30%) Project Manager
5 3 (6.98%) 2nd Line Engineer
5 3 (6.98%) Python Developer
6 2 (4.65%) 2nd Line Support
6 2 (4.65%) 2nd Line Support Engineer
6 2 (4.65%) Architect
6 2 (4.65%) Security Architect
7 1 (2.33%) Administrator
7 1 (2.33%) Data Administrator
7 1 (2.33%) Desktop Analyst
7 1 (2.33%) Desktop Support Analyst
7 1 (2.33%) Infrastructure Engineer
7 1 (2.33%) Service Desk Analyst
Libraries, Frameworks & Software Standards
1 4 (9.30%) Apache Avro
1 4 (9.30%) PySpark
2 1 (2.33%) Flash
2 1 (2.33%) HTML
2 1 (2.33%) Kafka
2 1 (2.33%) LDAP
2 1 (2.33%) Middleware
2 1 (2.33%) Node.js
2 1 (2.33%) SailPoint
2 1 (2.33%) SAML
2 1 (2.33%) Svelte
2 1 (2.33%) SvelteKit
2 1 (2.33%) XML
2 1 (2.33%) YAML
Miscellaneous
1 7 (16.28%) Greenfield Project
2 4 (9.30%) Distributed Computing
2 4 (9.30%) Self-Motivation
3 3 (6.98%) Hedge funds
4 2 (4.65%) Data Centre
5 1 (2.33%) Analytical Mindset
5 1 (2.33%) Cyber Threat
5 1 (2.33%) Cyberattack
5 1 (2.33%) Data Protection Act
5 1 (2.33%) Legacy Systems
5 1 (2.33%) Management Information System
5 1 (2.33%) PKI
5 1 (2.33%) Security Posture
5 1 (2.33%) Team-Oriented Environment
Operating Systems
1 9 (20.93%) Linux
2 3 (6.98%) Windows
2 3 (6.98%) Windows Server 2016
3 2 (4.65%) Apple iOS
3 2 (4.65%) Windows Server 2019
4 1 (2.33%) Windows 10
4 1 (2.33%) Windows Server 2012
4 1 (2.33%) zOS
Processes & Methodologies
1 12 (27.91%) Software Engineering
2 10 (23.26%) Customer Service
3 6 (13.95%) ETL
4 5 (11.63%) Migration
4 5 (11.63%) Problem-Solving
5 4 (9.30%) Change Control
5 4 (9.30%) Data Modelling
5 4 (9.30%) Proactive Monitoring
5 4 (9.30%) Project Management
6 3 (6.98%) Analytics
6 3 (6.98%) Business Intelligence
6 3 (6.98%) Collaborative Working
6 3 (6.98%) Decision-Making
6 3 (6.98%) Disaster Recovery
7 2 (4.65%) Business Strategy
7 2 (4.65%) Cybersecurity
7 2 (4.65%) DevOps
7 2 (4.65%) Requirements Gathering
7 2 (4.65%) Use Case
7 2 (4.65%) User Acceptance Testing
Programming Languages
1 8 (18.60%) Java
2 7 (16.28%) Scala
3 5 (11.63%) Python
4 2 (4.65%) JavaScript
4 2 (4.65%) PowerShell
4 2 (4.65%) SQL
5 1 (2.33%) Bash
5 1 (2.33%) TypeScript
Qualifications
1 1 (2.33%) Computer Science Degree
1 1 (2.33%) Degree
Quality Assurance & Compliance
1 4 (9.30%) Data Quality
2 1 (2.33%) ISO/IEC 27001
2 1 (2.33%) PCI DSS
2 1 (2.33%) SLA
System Software
1 5 (11.63%) Active Directory
2 4 (9.30%) VMware ESXi
2 4 (9.30%) VMware Infrastructure
2 4 (9.30%) vSphere
3 1 (2.33%) Docker
3 1 (2.33%) Virtual Machines
Systems Management
1 4 (9.30%) Nessus
2 3 (6.98%) SCCM
2 3 (6.98%) WSUS
3 2 (4.65%) Single Sign-On
4 1 (2.33%) Ansible
4 1 (2.33%) Kubernetes
4 1 (2.33%) Terraform
Vendors
1 7 (16.28%) Microsoft
2 4 (9.30%) Avaya
2 4 (9.30%) F5
2 4 (9.30%) Qualys
2 4 (9.30%) VMware
3 2 (4.65%) Apple
3 2 (4.65%) Atlassian
3 2 (4.65%) Genesys
3 2 (4.65%) Google
4 1 (2.33%) Adobe
4 1 (2.33%) Cisco
4 1 (2.33%) Dell
4 1 (2.33%) Fortinet
4 1 (2.33%) IBM
4 1 (2.33%) Marketo
4 1 (2.33%) Oracle
4 1 (2.33%) Salesforce
4 1 (2.33%) Salesforce Marketing Cloud
4 1 (2.33%) ServiceNow