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 4 August 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
4 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 9 14 7
Rank change year-on-year
+5 -7
Contract jobs citing Banking 5638 4769 6620
As % of all contract IT jobs located in the UK 9.90% 8.73% 12.94%
As % of the General category 24.61% 22.63% 30.12%
Number of daily rates quoted 3848 3370 4675
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £475 £475
90% offered a daily rate of more than £321 £300 £325
10% offered a daily rate of more than £625 £640 £650
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 26 19 57
Average hourly rate £18.00 £17.50 £22.50
Average hourly rate % change year-on-year
+2.85% -22.22%
90% offered a hourly rate of more than £10.44 £10.09 £13.10
10% offered a hourly rate of more than £72.50 £59.00 £41.00
UK excluding London average hourly rate £11.60 £17.00 £22.50
% change year-on-year
-31.79% -24.44%

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
22908 21073 21982
As % of all contract IT jobs located in the UK 40.23% 38.56% 42.98%
Number of daily rates quoted 14640 12975 13437
Average daily rate £425 £425 £450
Average daily rate % change year-on-year
- -5.55%
90% offered a daily rate of more than £275 £263 £275
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £395 £388 £388
% change year-on-year
+1.93% -
Number of hourly rates quoted 587 543 615
Average hourly rate £22.50 £20.06 £22.50
Average hourly rate % change year-on-year
+12.16% -10.84%
90% offered a hourly rate of more than £11.50 £11.50 £11.74
10% offered a hourly rate of more than £49.55 £40.50 £42.75
UK excluding London average hourly rate £22.50 £21.50 £22.50
% change year-on-year
+4.65% -4.44%

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 4 August 2015.

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 4 August 2015.

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 4 August 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
England +3 4728 £477 +0.42% 1071
London 0 3543 £525 +5.00% 755
City of London 0 1146 £525 +5.00% 260
Scotland +2 784 £380 +1.33% 103
Edinburgh +2 615 £380 -7.87% 82
South East +13 271 £425 +2.40% 69
North West +2 263 £425 +1.31% 81
Yorkshire -4 196 £360 -9.09% 31
South West -3 169 £400 -4.19% 68
West Yorkshire -6 146 £356 -10.10% 25
Manchester +4 135 £425 +3.03% 54
Glasgow 0 122 £375 +7.14% 16
Buckinghamshire +4 112 £370 +5.63% 3
East Midlands +3 110 £438 +2.94% 7
Cheshire 0 95 £425 +1.31% 22
West Midlands +15 85 £425 +41.66% 28
Halifax 0 79 £350 -11.61% 8
Milton Keynes +5 78 £375 +7.06% 2
Bristol +3 74 £383 +7.74% 45
Northamptonshire +1 74 £450 +5.88% 3
Northampton 0 67 £450 +5.88% 3
Leeds -1 62 £375 - 11
Wiltshire -12 50 £431 -3.20% 13
East of England -17 49 £463 +12.12% 20
Birmingham -2 47 £365 +21.66% 11
Wales -18 46 £325 -13.33% 2
Swindon -8 45 £425 -3.40% 6
East Sussex +11 39 £486 +22.60% 7
South Yorkshire +4 39 £450 +12.56% 5
Knutsford 0 39 £400 -5.88% 4

Banking
Top 30 Related IT Skills

For the 6 months to 4 August 2015, 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 6136 (57.00%) Finance
2 3046 (28.30%) Investment Banking
3 1971 (18.31%) SQL
4 1605 (14.91%) Stakeholder Management
5 1600 (14.86%) Agile Software Development
6 1496 (13.90%) Retail
7 1309 (12.16%) Project Management
8 1305 (12.12%) Java
9 1119 (10.40%) Oracle
10 1009 (9.37%) Retail Banking
11 886 (8.23%) Front Office
12 874 (8.12%) Analytical Skills
13 850 (7.90%) Business Analysis
14 848 (7.88%) C#
15 825 (7.66%) UNIX
16 790 (7.34%) SQL Server
17 739 (6.87%) .NET
18 733 (6.81%) Windows
19 716 (6.65%) Microsoft
20 708 (6.58%) Linux
21 678 (6.30%) MS Excel
22 674 (6.26%) Migration
23 604 (5.61%) JavaScript
24 582 (5.41%) User Acceptance Testing
25 570 (5.30%) HTML
26 567 (5.27%) Derivative
27 534 (4.96%) Data Warehouse
28 521 (4.84%) SDLC
29 501 (4.65%) Degree
30 494 (4.59%) Data Modelling

Banking
Top Related IT Skills by Category

For the 6 months to 4 August 2015, 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
1 265 (2.46%) SAS
2 256 (2.38%) SharePoint
3 163 (1.51%) WebSphere
4 97 (0.90%) Oracle Coherence
5 80 (0.74%) IIS
6 71 (0.66%) Apache
7 68 (0.63%) Apache Spark
8 65 (0.60%) Tomcat
9 60 (0.56%) MS Exchange
10 52 (0.48%) WebLogic
10 52 (0.48%) MQSeries
11 51 (0.47%) Lync
12 49 (0.46%) Node.js
13 43 (0.40%) JBoss
14 38 (0.35%) Blackberry Enterprise Server
15 37 (0.34%) Confluence
16 35 (0.33%) CICS
17 32 (0.30%) WebSphere Application Server
18 30 (0.28%) CMS
18 30 (0.28%) Oracle Workflow
Applications
1 678 (6.30%) MS Excel
2 423 (3.93%) MS Office
3 292 (2.71%) MS PowerPoint
4 232 (2.16%) MS Project
5 227 (2.11%) MS Visio
6 54 (0.50%) Spreadsheet
7 32 (0.30%) Photoshop
8 16 (0.15%) Adobe Illustrator
9 15 (0.14%) Adobe Captivate
9 15 (0.14%) Open Workbench
10 6 (0.056%) OmniGraffle
10 6 (0.056%) Adobe Creative Suite
11 5 (0.046%) SPSS
12 4 (0.037%) Acrobat
13 2 (0.019%) RoboHelp
13 2 (0.019%) Mathematica
13 2 (0.019%) Maple
13 2 (0.019%) LaTeX
14 1 (0.009%) Fireworks
14 1 (0.009%) GIMP
Business Applications
1 58 (0.54%) Dynamics CRM
2 31 (0.29%) Oracle General Ledger
3 29 (0.27%) Markit EDM
4 28 (0.26%) Summit
5 26 (0.24%) Oracle EBS
6 21 (0.20%) SAP FI
7 19 (0.18%) Oracle BPM
8 18 (0.17%) SAP CO
8 18 (0.17%) SAP FI/CO
9 17 (0.16%) Remedy ITSM
10 16 (0.15%) RMDS
10 16 (0.15%) Loan IQ
10 16 (0.15%) ION MarketView
11 15 (0.14%) Oracle Financials
12 11 (0.10%) ACBS
13 10 (0.093%) thinkFolio
13 10 (0.093%) Temenos T24
13 10 (0.093%) Eagle PACE
13 10 (0.093%) Hyperion Planning
14 9 (0.084%) Oracle Payables
Cloud Services
1 42 (0.39%) SaaS
2 34 (0.32%) Amazon AWS
3 31 (0.29%) Microsoft Azure
4 27 (0.25%) PaaS
5 20 (0.19%) Office 365
6 15 (0.14%) Adobe Analytics
7 11 (0.10%) IaaS
7 11 (0.10%) IBM Blueworks
8 9 (0.084%) Cloud Computing
9 8 (0.074%) Google Analytics
10 7 (0.065%) Amazon Kinesis
10 7 (0.065%) Amazon EMR
10 7 (0.065%) Azure Active Directory
11 5 (0.046%) Taleo
12 3 (0.028%) SuccessFactors
13 2 (0.019%) Google Checkout
13 2 (0.019%) Silverpop
13 2 (0.019%) Force.com
13 2 (0.019%) Amazon S3
14 1 (0.009%) Mimecast
Communications & Networking
1 182 (1.69%) Firewall
2 164 (1.52%) Internet
3 137 (1.27%) TCP/IP
4 128 (1.19%) SAN
5 105 (0.98%) DNS
6 89 (0.83%) LAN
7 73 (0.68%) WAN
8 64 (0.59%) Network Security
9 58 (0.54%) VPN
10 57 (0.53%) NAS
11 56 (0.52%) Intranet
12 54 (0.50%) BGP
12 54 (0.50%) LDAP
13 48 (0.45%) HTTP
13 48 (0.45%) OSPF
13 48 (0.45%) Multicast
14 46 (0.43%) DHCP
15 43 (0.40%) ATM
16 39 (0.36%) MPLS
17 37 (0.34%) SSL
Database & Business Intelligence
1 790 (7.34%) SQL Server
2 534 (4.96%) Data Warehouse
3 341 (3.17%) Relational Database
4 243 (2.26%) Oracle Database
5 237 (2.20%) SQL Server Integration Services
6 198 (1.84%) Big Data
7 172 (1.60%) Hadoop
8 159 (1.48%) SQL Server Reporting Services
9 150 (1.39%) BusinessObjects
10 149 (1.38%) SQL Server 2008
11 139 (1.29%) RDBMS
12 135 (1.25%) QlikView
13 133 (1.24%) DB2
14 100 (0.93%) MS Access
15 94 (0.87%) Oracle Database 11g
16 87 (0.81%) SQL Server Analysis Services
17 85 (0.79%) Data Mining
18 79 (0.73%) NoSQL
19 73 (0.68%) SQL Server 2012
20 72 (0.67%) SQL Server 2005
Development Applications
1 205 (1.90%) JIRA
2 166 (1.54%) Subversion
3 151 (1.40%) Maven
4 147 (1.37%) Git (software)
5 105 (0.98%) TeamCity
6 95 (0.88%) Selenium
7 85 (0.79%) Jenkins
8 77 (0.72%) JUnit
9 57 (0.53%) Visual Studio
10 54 (0.50%) Team Foundation Server
11 43 (0.40%) Ant
11 43 (0.40%) ERwin
11 43 (0.40%) Grunt
12 42 (0.39%) Cucumber
12 42 (0.39%) NUnit
13 41 (0.38%) HP UFT
14 39 (0.36%) jMock
15 30 (0.28%) Eclipse
15 30 (0.28%) CruiseControl
16 27 (0.25%) Toad
General
1 6136 (57.00%) Finance
2 3046 (28.30%) Investment Banking
3 1496 (13.90%) Retail
4 1009 (9.37%) Retail Banking
5 886 (8.23%) Front Office
6 303 (2.81%) Telecoms
7 278 (2.58%) Legal
8 276 (2.56%) Back Office
9 247 (2.29%) Financial Institution
10 125 (1.16%) Corporate Banking
11 122 (1.13%) Marketing
12 110 (1.02%) Law
13 71 (0.66%) General Ledger
14 61 (0.57%) Private Banking
15 59 (0.55%) Advertising
16 43 (0.40%) International Banking
17 38 (0.35%) Billing
18 34 (0.32%) Wholesale Banking
19 31 (0.29%) Pharmaceutical
20 29 (0.27%) Manufacturing
Job Titles
1 3226 (29.97%) Analyst
2 2284 (21.22%) Developer
3 1828 (16.98%) Business Analyst
4 1421 (13.20%) Project Manager
5 603 (5.60%) Architect
6 592 (5.50%) Java Developer
7 571 (5.30%) Banking Business Analyst
8 350 (3.25%) Consultant
9 315 (2.93%) C# Developer
9 315 (2.93%) Senior Analyst
10 311 (2.89%) Data Analyst
11 309 (2.87%) Senior Developer
12 290 (2.69%) Test Manager
13 289 (2.68%) Test Analyst
14 236 (2.19%) Senior Manager
15 222 (2.06%) Solutions Architect
16 204 (1.90%) SQL Developer
17 192 (1.78%) Programme Manager
18 191 (1.77%) Senior Business Analyst
19 185 (1.72%) .NET Developer
Libraries, Frameworks & Software Standards
1 739 (6.87%) .NET
2 570 (5.30%) HTML
3 373 (3.47%) XML
4 354 (3.29%) HTML5
5 293 (2.72%) Web Services
6 286 (2.66%) Spring
7 270 (2.51%) CSS
8 244 (2.27%) AngularJS
9 218 (2.03%) ASP.NET
10 194 (1.80%) Middleware
10 194 (1.80%) WPF
11 169 (1.57%) Hibernate
12 165 (1.53%) J2EE
13 158 (1.47%) WCF
14 151 (1.40%) FIX Protocol
15 138 (1.28%) JMS
16 134 (1.24%) jQuery
17 132 (1.23%) RESTful
17 132 (1.23%) SOAP
18 117 (1.09%) REST
Miscellaneous
1 874 (8.12%) Analytical Skills
2 567 (5.27%) Derivative
3 454 (4.22%) Foreign Exchange (FX)
4 382 (3.55%) Fixed Income
5 346 (3.21%) Credit Risk
6 293 (2.72%) Equities
7 262 (2.43%) Data Centre
8 219 (2.03%) Market Risk
9 213 (1.98%) User Experience
10 165 (1.53%) Equity Derivative
11 163 (1.51%) Management Information System
12 162 (1.51%) Computer Science
13 140 (1.30%) SWIFT
14 130 (1.21%) Reference Data
15 128 (1.19%) Mainframe
16 120 (1.11%) Mobile Banking
17 107 (0.99%) Online Banking
18 87 (0.81%) Visualisation
19 79 (0.73%) Mathematics
20 78 (0.72%) Data Integration
Operating Systems
1 825 (7.66%) UNIX
2 733 (6.81%) Windows
3 708 (6.58%) Linux
4 178 (1.65%) Solaris
5 110 (1.02%) Windows Server 2008
6 100 (0.93%) Red Hat Enterprise Linux
7 98 (0.91%) Windows 7
8 89 (0.83%) AIX
9 77 (0.72%) Apple iOS
10 74 (0.69%) Windows Server 2003
11 66 (0.61%) Android
12 58 (0.54%) Windows XP
13 45 (0.42%) Windows Server 2012
14 34 (0.32%) zOS
15 14 (0.13%) SUSE
16 13 (0.12%) Windows 2000
17 12 (0.11%) Data ONTAP
18 9 (0.084%) HPUX
18 9 (0.084%) Windows Vista
19 8 (0.074%) Windows 2000 Server
Processes & Methodologies
1 1605 (14.91%) Stakeholder Management
2 1600 (14.86%) Agile Software Development
3 1309 (12.16%) Project Management
4 850 (7.90%) Business Analysis
5 674 (6.26%) Migration
6 582 (5.41%) User Acceptance Testing
7 521 (4.84%) SDLC
8 494 (4.59%) Data Modelling
9 481 (4.47%) Risk Management
10 451 (4.19%) Data Analysis
11 425 (3.95%) Change Management
12 416 (3.86%) Analytics
13 414 (3.85%) Scrum
14 400 (3.72%) TDD
15 397 (3.69%) ETL
16 383 (3.56%) PRINCE2
17 377 (3.50%) ITIL
18 362 (3.36%) Business Intelligence
19 339 (3.15%) OO
20 338 (3.14%) Multithreading
Programming Languages
1 1971 (18.31%) SQL
2 1305 (12.12%) Java
3 848 (7.88%) C#
4 604 (5.61%) JavaScript
5 354 (3.29%) C++
6 346 (3.21%) Python
7 291 (2.70%) VBA
8 261 (2.42%) Perl
9 225 (2.09%) PL/SQL
10 186 (1.73%) Shell Script
11 173 (1.61%) T-SQL
12 153 (1.42%) Scala
13 134 (1.24%) PowerShell
14 114 (1.06%) C
15 91 (0.85%) VB
16 62 (0.58%) VB.NET
17 51 (0.47%) Bash Shell
18 50 (0.46%) Korn
19 47 (0.44%) COBOL
20 44 (0.41%) R
Qualifications
1 501 (4.65%) Degree
2 212 (1.97%) ISEB
3 128 (1.19%) ISTQB
4 113 (1.05%) PMI Certification
5 99 (0.92%) PMP
6 96 (0.89%) PRINCE2 Certification
7 92 (0.85%) Cisco Certification
8 90 (0.84%) CISSP
9 54 (0.50%) CCNP
10 53 (0.49%) CISA
11 48 (0.45%) CISM
12 45 (0.42%) Microsoft Certification
13 43 (0.40%) ITIL Certification
14 37 (0.34%) Security Cleared
15 31 (0.29%) ISTQB Foundation Certification
16 28 (0.26%) CCIE
17 27 (0.25%) CCNA
18 23 (0.21%) SC Cleared
19 22 (0.20%) MCSE
20 19 (0.18%) ACCA
Quality Assurance & Compliance
1 369 (3.43%) QA
2 136 (1.26%) EMIR
3 120 (1.11%) Dodd-Frank
4 117 (1.09%) Data Quality
5 93 (0.86%) MiFID
6 80 (0.74%) SLA
7 79 (0.73%) FATCA
8 67 (0.62%) Basel III
9 40 (0.37%) ISO/IEC 27001
10 38 (0.35%) Sarbanes-Oxley
11 37 (0.34%) Basel II
12 27 (0.25%) Solvency II
12 27 (0.25%) COREP
13 24 (0.22%) COBIT
14 21 (0.20%) PCI DSS
15 17 (0.16%) CRD IV
16 12 (0.11%) FINREP
17 7 (0.065%) HIPAA
18 6 (0.056%) ISO 9000
18 6 (0.056%) AIFMD
System Software
1 254 (2.36%) Active Directory
2 135 (1.25%) VMware Infrastructure
3 54 (0.50%) XenApp
4 35 (0.33%) VMware ESX
5 32 (0.30%) vSphere
6 30 (0.28%) Oracle RAC
7 25 (0.23%) Veritas Cluster Server
8 24 (0.22%) Veritas Volume Manager
9 22 (0.20%) Microsoft App-V
9 22 (0.20%) NFS
9 22 (0.20%) HDFS
10 21 (0.20%) XenDesktop
11 17 (0.16%) Hyper-V
12 15 (0.14%) KVM
13 11 (0.10%) VMware ESXi
13 11 (0.10%) Xen
14 10 (0.093%) Docker
15 9 (0.084%) Microsoft Virtual Server
15 9 (0.084%) RACF
16 7 (0.065%) Apache Flume
Systems Management
1 196 (1.82%) HP Quality Center
2 68 (0.63%) Control-M
3 60 (0.56%) SCCM
4 59 (0.55%) Puppet
5 51 (0.47%) Tivoli
6 48 (0.45%) Opscode Chef
7 47 (0.44%) NetBackup
8 30 (0.28%) BladeLogic
8 30 (0.28%) SCOM
9 28 (0.26%) ITRS Geneos
10 23 (0.21%) CA Single Sign-On
11 17 (0.16%) Data Guard
12 16 (0.15%) Symantec Enterprise Vault
13 13 (0.12%) Oracle RMAN
13 13 (0.12%) Tivoli Storage Manager
14 12 (0.11%) Oracle ZFS
15 10 (0.093%) Oracle Enterprise Manager
15 10 (0.093%) OpenView
16 9 (0.084%) Netcool
16 9 (0.084%) HP Operations Orchestration
Vendors
1 1119 (10.40%) Oracle
2 716 (6.65%) Microsoft
3 327 (3.04%) IBM
4 283 (2.63%) Sybase
5 211 (1.96%) HP
6 195 (1.81%) VMware
7 191 (1.77%) Informatica
8 181 (1.68%) Cisco
9 159 (1.48%) SAP
10 157 (1.46%) Citrix
11 131 (1.22%) TIBCO
12 113 (1.05%) Red Hat
13 95 (0.88%) Teradata
14 71 (0.66%) Bloomberg
14 71 (0.66%) EMC
14 71 (0.66%) ServiceNow
15 69 (0.64%) Symantec
16 66 (0.61%) Adobe
17 61 (0.57%) CheckPoint
18 59 (0.55%) Remedy
London
Hays Finance Technology
Rate: £500.00 - £650.00 per day
Posted: 1 hour ago
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 1 hour ago
Birmingham, West Midlands (County)
Oliver James Associates
Rate: £200 - £300 per day
Posted: 1 hour ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 1 hour ago
London
Lorien Resourcing
Rate: Market Rate
Posted: 2 hours ago
Edinburgh, Midlothian
Lorien Resourcing
Posted: 2 hours ago
London
Deerfoot IT Resources Ltd
Rate: £550 - £600 per day
Posted: 2 hours ago
Edinburgh, Midlothian
Lorien Resourcing
Rate: Market Rate
Posted: 2 hours ago
London
Nicoll Curtin
Rate: £600 - £700 per day
Posted: 2 hours ago
Edinburgh, Midlothian
Lorien Resourcing
Posted: 3 hours ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 hours ago
London
Xcede
Rate: £550 - £600 per day + Negotiable
Posted: 3 hours ago
London
Canary Wharf and City
Rate: Up to £500 per day
Posted: 3 hours ago
London
Huxley Associates
Rate: £55000 - £65000 per annum + competitive
Posted: 4 hours ago
City, London
Experis Ltd
Rate: £600 per day
Posted: 4 hours ago
City, London
Qualserv Consulting
Posted: 5 hours ago
London
Joseph Harry Ltd
Posted: 7 hours ago
London
Aston Carter
Rate: £400 - £500 per day
Posted: 17 hours ago
London
Hays Finance Technology
Rate: £400.00 - £450.00 per day
Posted: 18 hours ago
London
Hays Finance Technology
Rate: £500.00 - £550.00 per annum
Posted: 18 hours ago