The table below looks at the prevalence of the term Banking in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 20 August 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
20 Aug 2014
Same period 2013 Same period 2012
Banking
Rank 13 6 5
Rank change year-on-year
-7 -1
Contract jobs citing Banking 4766 6816 7495
As % of all contract IT jobs located in the UK 8.60% 12.81% 12.73%
As % of the General category 22.26% 29.89% 28.62%
Number of daily rates quoted 3331 4825 5328
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £475 £463
Average daily rate % change year-on-year
- +2.70%
90% offered a daily rate of more than £300 £320 £300
10% offered a daily rate of more than £631 £638 £600
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 18 53 40
Average hourly rate £19.00 £22.00 £22.50
Average hourly rate % change year-on-year
-13.63% -2.22%
90% offered a hourly rate of more than £10.74 £12.70 £14.45
10% offered a hourly rate of more than £73.50 £39.50 £102.75
UK excluding London average hourly rate £17.25 £22.50 £19.50
% change year-on-year
-23.33% +15.38%

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised across the UK.

General Category
UK
Contract IT job ads with a match in the
General category
21410 22807 26188
As % of all contract IT jobs located in the UK 38.64% 42.88% 44.48%
Number of daily rates quoted 13177 14097 15580
Average daily rate £425 £450 £425
Average daily rate % change year-on-year
-5.55% +5.88%
90% offered a daily rate of more than £269 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 526 606 744
Average hourly rate £20.75 £22.50 £25.00
Average hourly rate % change year-on-year
-7.77% -10.00%
90% offered a hourly rate of more than £11.00 £11.65 £12.38
10% offered a hourly rate of more than £42.00 £44.62 £48.54
UK excluding London average hourly rate £22.00 £22.50 £28.50
% change year-on-year
-2.22% -21.05%

Banking
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Banking within the UK as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in the UK

Banking
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking within the UK.

Banking Daily Rate Trend in the UK

Banking
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking within the UK over the 3 months to 20 August 2014.

Banking Daily Rate Histogram in the UK

Banking
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking within the UK.

Banking Hourly Rate Trend in the UK

Banking
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking within the UK over the 3 months to 20 August 2014.

Banking Hourly Rate Histogram in the UK

Banking
Top 30 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 UK over the 3 months to 20 August 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
England -8 4217 £475 -5.00% 1241
London -2 3286 £500 -0.09% 886
City of London -1 1097 £500 - 415
Scotland -2 414 £383 -3.40% 76
Edinburgh -2 252 £425 +6.25% 43
North West -16 192 £400 +1.01% 65
South East -19 188 £396 -6.82% 98
South West -12 163 £416 +4.00% 81
Yorkshire +1 158 £396 +1.53% 40
West Yorkshire -2 124 £396 +2.06% 31
Glasgow -2 116 £375 - 25
Manchester -4 92 £400 - 46
East Midlands +5 86 £425 -7.10% 17
Buckinghamshire +15 81 £363 +14.17% 17
Cheshire -9 80 £420 +6.13% 14
Wiltshire +11 75 £450 +2.85% 12
Swindon +5 73 £451 +2.97% 9
Northamptonshire 0 73 £425 -10.52% 13
Halifax -1 72 £396 - 18
Wales -6 68 £375 - 11
South Wales -4 66 £375 - 10
West Midlands -13 62 £300 -31.03% 27
East of England +8 60 £425 +28.78% 23
Milton Keynes +5 59 £366 +18.14% 6
Bristol -4 57 £355 -10.35% 45
Cardiff 0 55 £395 +5.33% 10
Birmingham -1 48 £300 -29.41% 25
Northampton +3 44 £425 -10.62% 7
Leeds +8 37 £375 +1.35% 9
Docklands, London +1 36 £550 +4.76% 1

Banking
Top 30 Related IT Skills

For the 6 months to 20 August 2014, IT contractor jobs within the UK 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 5159 (51.99%) Finance
2 3291 (33.17%) Investment Banking
3 1887 (19.02%) SQL
4 1250 (12.60%) Stakeholder Management
5 1206 (12.15%) Java
6 1192 (12.01%) Retail
7 1188 (11.97%) Project Management
8 1184 (11.93%) Oracle
9 999 (10.07%) Front Office
10 979 (9.87%) Windows
11 895 (9.02%) UNIX
12 884 (8.91%) Retail Banking
13 853 (8.60%) Microsoft
14 833 (8.39%) C#
15 766 (7.72%) Linux
16 750 (7.56%) Business Analysis
17 733 (7.39%) SQL Server
18 650 (6.55%) .NET
19 593 (5.98%) MS Excel
20 579 (5.83%) Agile Software Development
21 535 (5.39%) Foreign Exchange (FX)
22 515 (5.19%) Change Management
23 513 (5.17%) Degree
24 498 (5.02%) Migration
25 493 (4.97%) Derivative
26 489 (4.93%) User Acceptance Testing
27 455 (4.59%) JavaScript
28 454 (4.58%) HTML
29 452 (4.56%) Risk Management
30 420 (4.23%) Fixed Income

Banking
Top Related IT Skills by Category

For the 6 months to 20 August 2014, IT contractor jobs within the UK 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
1 242 (2.44%) SharePoint
2 213 (2.15%) WebSphere
3 156 (1.57%) SAS
4 121 (1.22%) WebLogic
5 93 (0.94%) Apache
5 93 (0.94%) Tomcat
6 89 (0.90%) IIS
7 88 (0.89%) CMS
8 73 (0.74%) Oracle Coherence
9 71 (0.72%) MS Exchange
10 60 (0.60%) Lync
11 56 (0.56%) IBM Notes
12 54 (0.54%) BizTalk Server
13 46 (0.46%) SharePoint 2010
14 44 (0.44%) Exchange Server 2010
15 41 (0.41%) FileNet
16 33 (0.33%) SharePoint 2013
17 32 (0.32%) WebSphere Application Server
18 30 (0.30%) MQSeries
19 29 (0.29%) Oracle Workflow
Applications
1 593 (5.98%) MS Excel
2 404 (4.07%) MS Office
3 293 (2.95%) MS PowerPoint
4 247 (2.49%) MS Project
5 193 (1.94%) MS Visio
6 58 (0.58%) Photoshop
7 53 (0.53%) Spreadsheet
8 33 (0.33%) Adobe Illustrator
9 13 (0.13%) OmniGraffle
9 13 (0.13%) Adobe Captivate
10 10 (0.10%) RoboHelp
11 6 (0.060%) InfoPath
12 4 (0.040%) Open Workbench
12 4 (0.040%) Fireworks
13 3 (0.030%) SPSS
13 3 (0.030%) InDesign
14 2 (0.020%) Adobe After Effects
14 2 (0.020%) Acrobat
14 2 (0.020%) Stata
Business Applications
1 52 (0.52%) RMDS
2 39 (0.39%) Markit EDM
3 37 (0.37%) Cognos TM1
4 27 (0.27%) SAP FI
5 26 (0.26%) Dynamics CRM
5 26 (0.26%) Temenos T24
6 25 (0.25%) ION MarketView
7 24 (0.24%) Cognos Business Intelligence
8 22 (0.22%) Oracle EBS
9 20 (0.20%) SAP FI/CO
9 20 (0.20%) SAP CO
10 19 (0.19%) Oracle BPM
11 15 (0.15%) SAP Oil and Gas
12 13 (0.13%) Oracle Applications
12 13 (0.13%) Summit
12 13 (0.13%) Oracle EBS R12
13 12 (0.12%) Remedy ITSM
14 11 (0.11%) SunGard GMI
14 11 (0.11%) Oracle General Ledger
14 11 (0.11%) IntelliMatch
Cloud Services
1 20 (0.20%) SaaS
2 19 (0.19%) Cloud Computing
3 8 (0.081%) Microsoft Azure
4 5 (0.050%) Office 365
4 5 (0.050%) GitHub
4 5 (0.050%) IBM Blueworks
5 4 (0.040%) IaaS
6 3 (0.030%) Force.com
6 3 (0.030%) Amazon EC2
7 2 (0.020%) Amazon AWS
7 2 (0.020%) PaaS
7 2 (0.020%) Responsys
8 1 (0.010%) CheetahMail
8 1 (0.010%) Pure360
8 1 (0.010%) OpenShift
8 1 (0.010%) IBM SmartCloud
8 1 (0.010%) Google Apps
8 1 (0.010%) Basecamp
Communications & Networking
1 205 (2.07%) Firewall
2 146 (1.47%) Internet
3 125 (1.26%) TCP/IP
4 109 (1.10%) SAN
5 107 (1.08%) DNS
6 92 (0.93%) WAN
7 82 (0.83%) Intranet
8 78 (0.79%) LAN
9 72 (0.73%) Network Security
10 49 (0.49%) Multicast
11 45 (0.45%) BGP
12 43 (0.43%) VPN
12 43 (0.43%) HTTP
13 42 (0.42%) LDAP
14 40 (0.40%) NAS
15 36 (0.36%) EIGRP
16 33 (0.33%) OSPF
17 32 (0.32%) SSL
17 32 (0.32%) Cisco Nexus
18 30 (0.30%) DHCP
Database & Business Intelligence
1 733 (7.39%) SQL Server
2 399 (4.02%) Data Warehouse
3 292 (2.94%) Relational Database
4 284 (2.86%) Oracle Database
5 209 (2.11%) SQL Server Integration Services
6 183 (1.84%) SQL Server 2008
7 151 (1.52%) SQL Server Reporting Services
8 130 (1.31%) QlikView
9 118 (1.19%) Oracle Database 11g
9 118 (1.19%) RDBMS
10 98 (0.99%) MS Access
11 93 (0.94%) Oracle Database 10g
12 89 (0.90%) SQL Server Analysis Services
13 87 (0.88%) DB2
14 83 (0.84%) Big Data
15 75 (0.76%) Data Mining
16 67 (0.68%) MongoDB
17 65 (0.66%) SQL Server 2005
18 52 (0.52%) SQL Server 2012
19 49 (0.49%) Hadoop
Development Applications
1 159 (1.60%) JIRA
2 139 (1.40%) Subversion
3 130 (1.31%) Maven
4 100 (1.01%) JUnit
5 85 (0.86%) TeamCity
6 81 (0.82%) Selenium
7 66 (0.67%) Eclipse
8 65 (0.66%) Git (software)
9 59 (0.59%) QuickTest Pro
10 57 (0.57%) Visual Studio
11 56 (0.56%) Ant
12 48 (0.48%) CruiseControl
13 42 (0.42%) Jenkins
14 36 (0.36%) LoadRunner
15 33 (0.33%) Team Foundation Server
16 31 (0.31%) Toad
17 29 (0.29%) Apache Ivy
17 29 (0.29%) Cucumber
17 29 (0.29%) Hudson
18 28 (0.28%) NUnit
General
1 5159 (51.99%) Finance
2 3291 (33.17%) Investment Banking
3 1192 (12.01%) Retail
4 999 (10.07%) Front Office
5 884 (8.91%) Retail Banking
6 331 (3.34%) Back Office
7 272 (2.74%) Financial Institution
7 272 (2.74%) Telecoms
8 240 (2.42%) Legal
9 118 (1.19%) Marketing
10 94 (0.95%) Private Banking
11 89 (0.90%) Corporate Banking
12 71 (0.72%) International Banking
13 62 (0.62%) Advertising
14 59 (0.59%) Law
15 54 (0.54%) French Language
16 39 (0.39%) Publishing
17 36 (0.36%) Manufacturing
17 36 (0.36%) Spanish Language
18 34 (0.34%) German Language
Job Titles
1 2809 (28.31%) Analyst
2 2161 (21.78%) Developer
3 1556 (15.68%) Business Analyst
4 1266 (12.76%) Project Manager
5 533 (5.37%) Java Developer
6 465 (4.69%) Architect
7 408 (4.11%) Banking Business Analyst
8 406 (4.09%) Consultant
9 333 (3.36%) C# Developer
10 235 (2.37%) Data Analyst
11 227 (2.29%) Programme Manager
12 223 (2.25%) Test Analyst
12 223 (2.25%) Administrator
13 217 (2.19%) Senior Developer
14 206 (2.08%) Senior Analyst
15 188 (1.89%) Senior Manager
16 185 (1.86%) Support Analyst
17 171 (1.72%) Test Manager
18 170 (1.71%) .NET Developer
19 167 (1.68%) Solutions Architect
Libraries, Frameworks & Software Standards
1 650 (6.55%) .NET
2 454 (4.58%) HTML
3 332 (3.35%) XML
4 303 (3.05%) Spring
5 264 (2.66%) CSS
6 252 (2.54%) Web Services
7 223 (2.25%) ASP.NET
8 220 (2.22%) WPF
9 212 (2.14%) HTML5
10 204 (2.06%) J2EE
11 202 (2.04%) Middleware
12 175 (1.76%) WCF
13 167 (1.68%) jQuery
14 160 (1.61%) Hibernate
15 142 (1.43%) JMS
16 109 (1.10%) AngularJS
17 106 (1.07%) XSLT
17 106 (1.07%) .NET Framework
18 105 (1.06%) FIX Protocol
19 99 (1.00%) ASP.NET MVC
Miscellaneous
1 535 (5.39%) Foreign Exchange (FX)
2 493 (4.97%) Derivative
3 420 (4.23%) Fixed Income
4 364 (3.67%) Credit Risk
5 292 (2.94%) Equities
6 246 (2.48%) Market Risk
7 221 (2.23%) Management Information System
8 184 (1.85%) Computer Science
9 138 (1.39%) Mainframe
10 127 (1.28%) Mobile Banking
11 120 (1.21%) Mobile App
12 108 (1.09%) Reference Data
13 102 (1.03%) Credit Derivative
14 100 (1.01%) PMI
15 94 (0.95%) Mathematics
16 87 (0.88%) SWIFT
17 84 (0.85%) Hedge funds
18 83 (0.84%) Blackberry
19 80 (0.81%) Online Banking
20 74 (0.75%) Visualisation
Operating Systems
1 979 (9.87%) Windows
2 895 (9.02%) UNIX
3 766 (7.72%) Linux
4 224 (2.26%) Windows 7
5 200 (2.02%) Solaris
6 169 (1.70%) Red Hat Enterprise Linux
7 165 (1.66%) Windows Server 2008
8 126 (1.27%) Windows Server 2003
9 105 (1.06%) Windows XP
10 74 (0.75%) AIX
11 63 (0.63%) Android
12 57 (0.57%) Apple iOS
13 39 (0.39%) Windows Server 2012
14 37 (0.37%) SUSE
15 25 (0.25%) Windows 2000
16 24 (0.24%) zOS
17 18 (0.18%) Windows 8
18 10 (0.10%) Windows 2000 Server
18 10 (0.10%) HPUX
19 8 (0.081%) MVS
Processes & Methodologies
1 1250 (12.60%) Stakeholder Management
2 1188 (11.97%) Project Management
3 750 (7.56%) Business Analysis
4 579 (5.83%) Agile Software Development
5 515 (5.19%) Change Management
6 498 (5.02%) Migration
7 489 (4.93%) User Acceptance Testing
8 452 (4.56%) Risk Management
9 417 (4.20%) ITIL
10 407 (4.10%) PRINCE2
11 396 (3.99%) Data Modelling
12 370 (3.73%) Data Analysis
13 368 (3.71%) Multithreading
14 358 (3.61%) TDD
15 344 (3.47%) Business Intelligence
16 327 (3.30%) Analytics
17 324 (3.27%) OO
18 311 (3.13%) Scrum
19 289 (2.91%) ETL
20 274 (2.76%) Low Latency
Programming Languages
1 1887 (19.02%) SQL
2 1206 (12.15%) Java
3 833 (8.39%) C#
4 455 (4.59%) JavaScript
5 354 (3.57%) C++
6 299 (3.01%) VBA
7 296 (2.98%) Perl
8 268 (2.70%) Python
9 244 (2.46%) Shell Script
10 231 (2.33%) PL/SQL
11 155 (1.56%) PowerShell
12 137 (1.38%) C
13 135 (1.36%) T-SQL
14 104 (1.05%) VB
15 65 (0.66%) VBScript
16 42 (0.42%) Scala
16 42 (0.42%) Bash Shell
17 41 (0.41%) VB.NET
18 36 (0.36%) XAML
19 34 (0.34%) Korn
Qualifications
1 513 (5.17%) Degree
2 182 (1.83%) ISEB
3 167 (1.68%) PMI Certification
4 104 (1.05%) PMP
5 103 (1.04%) ISTQB
6 92 (0.93%) Cisco Certification
7 81 (0.82%) CISSP
8 77 (0.78%) PRINCE2 Certification
9 70 (0.71%) CCNP
10 60 (0.60%) Microsoft Certification
11 45 (0.45%) ITIL Certification
12 44 (0.44%) CISM
13 38 (0.38%) ISTQB Foundation Certification
14 35 (0.35%) CISA
14 35 (0.35%) CCA
15 28 (0.28%) CCNA
15 28 (0.28%) Security Cleared
16 26 (0.26%) CCIE
17 25 (0.25%) PRINCE2 Practitioner
18 24 (0.24%) CIMA
Quality Assurance & Compliance
1 356 (3.59%) QA
2 116 (1.17%) EMIR
3 96 (0.97%) Dodd-Frank
4 89 (0.90%) Basel III
5 82 (0.83%) SLA
6 72 (0.73%) Data Quality
7 67 (0.68%) ISO 9001
8 65 (0.66%) Sarbanes-Oxley
9 50 (0.50%) FATCA
10 36 (0.36%) MiFID
11 34 (0.34%) Basel II
12 33 (0.33%) PCI DSS
13 24 (0.24%) Solvency II
14 23 (0.23%) COBIT
15 22 (0.22%) ISO/IEC 27001
16 19 (0.19%) COREP
17 15 (0.15%) FINREP
17 15 (0.15%) CRD IV
18 12 (0.12%) AIFMD
19 9 (0.091%) P3O
System Software
1 301 (3.03%) Active Directory
2 94 (0.95%) VMware Infrastructure
3 72 (0.73%) XenApp
4 51 (0.51%) Oracle RAC
5 45 (0.45%) Microsoft App-V
6 39 (0.39%) Oracle RMAN
7 32 (0.32%) VMware ESX
8 21 (0.21%) XenDesktop
8 21 (0.21%) Veritas Cluster Server
9 17 (0.17%) ACF2
10 16 (0.16%) vSphere
10 16 (0.16%) NFS
11 15 (0.15%) Veritas Volume Manager
11 15 (0.15%) XenServer
12 14 (0.14%) RACF
13 11 (0.11%) VMware ESXi
13 11 (0.11%) Apache Flume
14 10 (0.10%) Apache ZooKeeper
14 10 (0.10%) HDFS
15 9 (0.091%) Terminal Services
Systems Management
1 177 (1.78%) HP Quality Center
2 104 (1.05%) SCCM
3 87 (0.88%) Tivoli
4 86 (0.87%) Control-M
5 40 (0.40%) Tivoli Storage Manager
6 39 (0.39%) ITRS Geneos
7 37 (0.37%) Data Guard
8 32 (0.32%) BladeLogic
9 31 (0.31%) Puppet
10 27 (0.27%) NetBackup
11 25 (0.25%) SCOM
12 22 (0.22%) Oracle Identity Manager
12 22 (0.22%) Cisco CUCM
13 18 (0.18%) Cisco UCCX
13 18 (0.18%) Cisco UCCE
14 17 (0.17%) BMC PATROL
15 12 (0.12%) Oracle Enterprise Manager
16 11 (0.11%) WMI
17 10 (0.10%) Nagios
17 10 (0.10%) Oozie
Vendors
1 1184 (11.93%) Oracle
2 853 (8.60%) Microsoft
3 317 (3.19%) Sybase
4 229 (2.31%) Citrix
5 223 (2.25%) IBM
6 211 (2.13%) Cisco
7 196 (1.98%) Red Hat
8 194 (1.96%) HP
9 161 (1.62%) VMware
10 153 (1.54%) Business Objects
11 143 (1.44%) SAP
12 139 (1.40%) Cognos
13 119 (1.20%) Bloomberg
14 114 (1.15%) Informatica
15 106 (1.07%) TIBCO
16 104 (1.05%) Reuters
17 97 (0.98%) CheckPoint
18 93 (0.94%) Juniper
19 76 (0.77%) EMC
20 73 (0.74%) Sun
London
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