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 18 September 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
18 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 13 7 5
Rank change year-on-year
-6 -2
Contract jobs citing Banking 4921 6456 7295
As % of all contract IT jobs located in the UK 8.55% 12.42% 12.65%
As % of the General category 22.04% 29.31% 28.49%
Number of daily rates quoted 3475 4611 5147
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £488 £463
Average daily rate % change year-on-year
-2.56% +5.40%
90% offered a daily rate of more than £305 £319 £300
10% offered a daily rate of more than £625 £650 £613
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 20 45 37
Average hourly rate £17.75 £22.00 £24.00
Average hourly rate % change year-on-year
-19.31% -8.33%
90% offered a hourly rate of more than £10.00 £11.40 £13.80
10% offered a hourly rate of more than £28.65 £39.00 £118.50
UK excluding London average hourly rate £17.00 £17.50 £19.00
% change year-on-year
-2.85% -7.89%

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
22326 22025 25607
As % of all contract IT jobs located in the UK 38.80% 42.36% 44.42%
Number of daily rates quoted 13593 13654 15130
Average daily rate £435 £450 £425
Average daily rate % change year-on-year
-3.33% +5.88%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 536 596 745
Average hourly rate £21.50 £21.25 £25.73
Average hourly rate % change year-on-year
+1.17% -17.41%
90% offered a hourly rate of more than £11.00 £11.50 £12.00
10% offered a hourly rate of more than £42.50 £45.00 £46.50
UK excluding London average hourly rate £22.50 £20.75 £28.50
% change year-on-year
+8.43% -27.19%

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 18 September 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 18 September 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 18 September 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 -6 4372 £475 -5.00% 1167
London -2 3483 £500 -2.43% 808
City of London -1 1115 £500 - 353
Scotland -2 416 £413 +8.55% 84
Edinburgh -2 267 £450 +18.42% 60
North West -19 184 £425 +7.32% 60
South West -10 176 £425 +6.25% 73
South East -31 174 £425 - 95
Yorkshire -4 128 £413 +4.16% 43
Glasgow -2 109 £375 - 19
West Yorkshire 0 94 £413 +6.31% 28
Manchester -5 93 £450 +12.50% 35
East Midlands +11 76 £425 - 15
West Midlands -6 71 £350 -17.64% 30
Wiltshire +9 69 £445 -0.33% 22
Bristol +6 68 £375 -5.30% 33
Cheshire -10 68 £406 +2.97% 16
Swindon +5 67 £440 -0.22% 13
Buckinghamshire +2 66 £375 +7.14% 14
Northamptonshire +1 58 £425 - 12
Halifax -1 58 £425 +7.59% 11
East of England -3 57 £425 +27.34% 36
Birmingham -2 53 £325 -14.47% 20
Wales -16 51 £403 +7.33% 4
South Wales -9 49 £403 +7.33% 4
Milton Keynes 0 44 £375 +7.14% 4
Cardiff -2 43 £425 +13.33% 4
Docklands, London 0 38 £525 -3.22% 6
County Antrim +13 35 £300 - 7
Northern Ireland +13 35 £300 - 7

Banking
Top 30 Related IT Skills

For the 6 months to 18 September 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 5021 (50.92%) Finance
2 3259 (33.05%) Investment Banking
3 1892 (19.19%) SQL
4 1330 (13.49%) Agile Software Development
5 1267 (12.85%) Stakeholder Management
6 1262 (12.80%) Java
7 1245 (12.63%) Oracle
8 1136 (11.52%) Project Management
9 1132 (11.48%) Retail
10 1007 (10.21%) Front Office
11 993 (10.07%) Windows
12 942 (9.55%) UNIX
13 858 (8.70%) Microsoft
14 839 (8.51%) Retail Banking
15 816 (8.28%) Linux
16 809 (8.20%) Analytical Skills
17 808 (8.19%) C#
18 741 (7.52%) Business Analysis
19 728 (7.38%) SQL Server
20 640 (6.49%) .NET
21 566 (5.74%) MS Excel
22 555 (5.63%) Foreign Exchange (FX)
23 532 (5.40%) Degree
24 516 (5.23%) Migration
25 492 (4.99%) JavaScript
26 483 (4.90%) Change Management
27 472 (4.79%) User Acceptance Testing
28 462 (4.69%) HTML
29 461 (4.68%) Derivative
30 436 (4.42%) Risk Management

Banking
Top Related IT Skills by Category

For the 6 months to 18 September 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
1 250 (2.54%) SharePoint
2 218 (2.21%) WebSphere
3 176 (1.78%) SAS
4 133 (1.35%) WebLogic
5 104 (1.05%) Tomcat
6 98 (0.99%) Apache
7 95 (0.96%) IIS
8 81 (0.82%) CMS
9 76 (0.77%) MS Exchange
10 72 (0.73%) Oracle Coherence
11 54 (0.55%) Lync
12 51 (0.52%) BizTalk Server
13 50 (0.51%) IBM Notes
13 50 (0.51%) Exchange Server 2010
14 49 (0.50%) SharePoint 2010
15 35 (0.35%) WebSphere Application Server
16 34 (0.34%) Node.js
17 30 (0.30%) FileNet
17 30 (0.30%) SharePoint 2013
18 28 (0.28%) Oracle Workflow
Applications
1 566 (5.74%) MS Excel
2 378 (3.83%) MS Office
3 269 (2.73%) MS PowerPoint
4 238 (2.41%) MS Project
5 186 (1.89%) MS Visio
6 68 (0.69%) Photoshop
7 53 (0.54%) Spreadsheet
8 34 (0.34%) Adobe Illustrator
9 13 (0.13%) OmniGraffle
10 11 (0.11%) Adobe Captivate
10 11 (0.11%) Fireworks
11 6 (0.061%) RoboHelp
12 3 (0.030%) SPSS
12 3 (0.030%) InDesign
12 3 (0.030%) Open Workbench
13 2 (0.020%) Adobe After Effects
13 2 (0.020%) Acrobat
14 1 (0.010%) Stata
Business Applications
1 50 (0.51%) RMDS
2 36 (0.37%) Cognos TM1
3 35 (0.35%) Dynamics CRM
4 33 (0.33%) Markit EDM
5 29 (0.29%) ION MarketView
6 28 (0.28%) SAP FI
7 24 (0.24%) Oracle EBS
8 20 (0.20%) Cognos Business Intelligence
8 20 (0.20%) Temenos T24
9 19 (0.19%) SAP FI/CO
9 19 (0.19%) SAP CO
10 18 (0.18%) Oracle BPM
11 16 (0.16%) Summit
11 16 (0.16%) SAP Oil and Gas
12 15 (0.15%) Oracle EBS R12
13 14 (0.14%) Loan IQ
13 14 (0.14%) Remedy ITSM
13 14 (0.14%) Oracle Applications
14 12 (0.12%) SAP BPC
15 11 (0.11%) IntelliMatch
Cloud Services
1 27 (0.27%) SaaS
2 24 (0.24%) Cloud Computing
3 11 (0.11%) Microsoft Azure
4 8 (0.081%) Office 365
4 8 (0.081%) IBM Blueworks
5 6 (0.061%) Force.com
6 5 (0.051%) IaaS
7 4 (0.041%) Amazon AWS
7 4 (0.041%) GitHub
8 3 (0.030%) PaaS
8 3 (0.030%) Amazon EC2
9 2 (0.020%) Taleo
9 2 (0.020%) Responsys
10 1 (0.010%) CheetahMail
10 1 (0.010%) Pure360
10 1 (0.010%) OpenShift
10 1 (0.010%) IBM SmartCloud
10 1 (0.010%) Google Apps
10 1 (0.010%) Basecamp
Communications & Networking
1 200 (2.03%) Firewall
2 154 (1.56%) Internet
3 138 (1.40%) TCP/IP
4 120 (1.22%) DNS
5 112 (1.14%) SAN
6 99 (1.00%) WAN
7 93 (0.94%) LAN
8 85 (0.86%) Intranet
9 60 (0.61%) Network Security
10 52 (0.53%) BGP
11 51 (0.52%) VPN
12 46 (0.47%) LDAP
13 45 (0.46%) Multicast
14 43 (0.44%) OSPF
15 38 (0.39%) SSL
16 37 (0.38%) EIGRP
17 36 (0.37%) HTTP
18 34 (0.34%) DHCP
18 34 (0.34%) NAS
19 33 (0.33%) VLAN
Database & Business Intelligence
1 728 (7.38%) SQL Server
2 388 (3.94%) Data Warehouse
3 319 (3.24%) Relational Database
4 289 (2.93%) Oracle Database
5 210 (2.13%) SQL Server Integration Services
6 167 (1.69%) SQL Server 2008
7 152 (1.54%) SQL Server Reporting Services
8 143 (1.45%) QlikView
9 134 (1.36%) RDBMS
10 123 (1.25%) Oracle Database 11g
11 114 (1.16%) Big Data
12 97 (0.98%) DB2
13 90 (0.91%) MS Access
14 89 (0.90%) Oracle Database 10g
14 89 (0.90%) SQL Server Analysis Services
15 80 (0.81%) MongoDB
16 66 (0.67%) Data Mining
17 61 (0.62%) NoSQL
18 60 (0.61%) Hadoop
19 54 (0.55%) SQL Server 2005
Development Applications
1 156 (1.58%) JIRA
2 149 (1.51%) Subversion
3 124 (1.26%) Maven
4 98 (0.99%) JUnit
5 85 (0.86%) TeamCity
6 75 (0.76%) Selenium
7 68 (0.69%) Git (software)
8 63 (0.64%) Eclipse
9 57 (0.58%) Visual Studio
10 53 (0.54%) CruiseControl
11 52 (0.53%) QuickTest Pro
12 47 (0.48%) Ant
13 38 (0.39%) Jenkins
14 34 (0.34%) Team Foundation Server
15 32 (0.32%) Toad
16 31 (0.31%) LoadRunner
17 29 (0.29%) jMock
17 29 (0.29%) Hudson
18 28 (0.28%) NUnit
19 27 (0.27%) Axure RP
General
1 5021 (50.92%) Finance
2 3259 (33.05%) Investment Banking
3 1132 (11.48%) Retail
4 1007 (10.21%) Front Office
5 839 (8.51%) Retail Banking
6 295 (2.99%) Back Office
7 268 (2.72%) Financial Institution
8 247 (2.51%) Telecoms
9 225 (2.28%) Legal
10 119 (1.21%) Marketing
11 97 (0.98%) Private Banking
12 95 (0.96%) Corporate Banking
13 67 (0.68%) International Banking
14 62 (0.63%) Advertising
15 59 (0.60%) French Language
16 57 (0.58%) Law
17 42 (0.43%) Manufacturing
18 38 (0.39%) Publishing
19 35 (0.35%) Spanish Language
19 35 (0.35%) General Ledger
Job Titles
1 2728 (27.67%) Analyst
2 2219 (22.51%) Developer
3 1505 (15.26%) Business Analyst
4 1220 (12.37%) Project Manager
5 571 (5.79%) Java Developer
6 502 (5.09%) Architect
7 419 (4.25%) Consultant
8 409 (4.15%) Banking Business Analyst
9 314 (3.18%) C# Developer
10 241 (2.44%) Data Analyst
11 227 (2.30%) Senior Developer
12 224 (2.27%) Programme Manager
13 222 (2.25%) Administrator
14 216 (2.19%) Senior Analyst
15 208 (2.11%) Test Analyst
16 206 (2.09%) Support Analyst
17 195 (1.98%) Senior Manager
18 176 (1.78%) Solutions Architect
19 148 (1.50%) Test Manager
20 146 (1.48%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 640 (6.49%) .NET
2 462 (4.69%) HTML
3 358 (3.63%) XML
4 302 (3.06%) Spring
5 275 (2.79%) CSS
6 263 (2.67%) Web Services
7 227 (2.30%) HTML5
8 223 (2.26%) ASP.NET
9 222 (2.25%) Middleware
10 200 (2.03%) WPF
11 195 (1.98%) J2EE
12 172 (1.74%) WCF
13 168 (1.70%) Hibernate
14 161 (1.63%) jQuery
15 141 (1.43%) JMS
16 126 (1.28%) AngularJS
17 115 (1.17%) FIX Protocol
18 105 (1.06%) .NET Framework
19 99 (1.00%) XSLT
20 96 (0.97%) SOAP
Miscellaneous
1 809 (8.20%) Analytical Skills
2 555 (5.63%) Foreign Exchange (FX)
3 461 (4.68%) Derivative
4 397 (4.03%) Fixed Income
5 358 (3.63%) Credit Risk
6 272 (2.76%) Equities
7 246 (2.49%) Market Risk
8 224 (2.27%) Management Information System
9 208 (2.11%) User Experience
10 202 (2.05%) Computer Science
11 144 (1.46%) Mainframe
12 122 (1.24%) Mobile App
13 121 (1.23%) Mobile Banking
14 98 (0.99%) Mathematics
15 97 (0.98%) Reference Data
16 89 (0.90%) SWIFT
16 89 (0.90%) PMI
17 88 (0.89%) Credit Derivative
17 88 (0.89%) Visualisation
18 84 (0.85%) Blackberry
Operating Systems
1 993 (10.07%) Windows
2 942 (9.55%) UNIX
3 816 (8.28%) Linux
4 219 (2.22%) Windows 7
5 213 (2.16%) Solaris
6 195 (1.98%) Red Hat Enterprise Linux
7 175 (1.77%) Windows Server 2008
8 132 (1.34%) Windows Server 2003
9 95 (0.96%) Windows XP
10 76 (0.77%) AIX
11 65 (0.66%) Android
12 61 (0.62%) Apple iOS
13 42 (0.43%) Windows Server 2012
14 38 (0.39%) SUSE
15 31 (0.31%) zOS
16 29 (0.29%) Windows 2000
17 17 (0.17%) Windows 8
18 10 (0.10%) Windows 2000 Server
18 10 (0.10%) HPUX
19 8 (0.081%) Windows NT
Processes & Methodologies
1 1330 (13.49%) Agile Software Development
2 1267 (12.85%) Stakeholder Management
3 1136 (11.52%) Project Management
4 741 (7.52%) Business Analysis
5 516 (5.23%) Migration
6 483 (4.90%) Change Management
7 472 (4.79%) User Acceptance Testing
8 436 (4.42%) Risk Management
9 400 (4.06%) Multithreading
10 394 (4.00%) ITIL
11 388 (3.94%) Data Modelling
12 380 (3.85%) PRINCE2
13 369 (3.74%) TDD
14 358 (3.63%) Business Intelligence
15 355 (3.60%) OO
16 340 (3.45%) Data Analysis
17 313 (3.17%) Analytics
18 299 (3.03%) ETL
19 294 (2.98%) Scrum
20 288 (2.92%) Low Latency
Programming Languages
1 1892 (19.19%) SQL
2 1262 (12.80%) Java
3 808 (8.19%) C#
4 492 (4.99%) JavaScript
5 370 (3.75%) C++
6 300 (3.04%) VBA
7 299 (3.03%) Perl
8 275 (2.79%) Python
9 263 (2.67%) Shell Script
10 238 (2.41%) PL/SQL
11 163 (1.65%) PowerShell
12 150 (1.52%) C
13 139 (1.41%) T-SQL
14 96 (0.97%) VB
15 63 (0.64%) VBScript
16 57 (0.58%) Scala
17 41 (0.42%) Bash Shell
17 41 (0.42%) Korn
17 41 (0.42%) VB.NET
18 38 (0.39%) XAML
Qualifications
1 532 (5.40%) Degree
2 160 (1.62%) ISEB
3 150 (1.52%) PMI Certification
4 96 (0.97%) PMP
5 92 (0.93%) Cisco Certification
6 90 (0.91%) ISTQB
7 74 (0.75%) CISSP
8 70 (0.71%) CCNP
9 69 (0.70%) PRINCE2 Certification
10 63 (0.64%) Microsoft Certification
11 45 (0.46%) ITIL Certification
11 45 (0.46%) CISM
12 38 (0.39%) CISA
13 37 (0.38%) ISTQB Foundation Certification
14 32 (0.32%) CCA
15 30 (0.30%) PRINCE2 Practitioner
16 29 (0.29%) Security Cleared
17 26 (0.26%) MCSE
17 26 (0.26%) CCNA
18 25 (0.25%) CCIE
Quality Assurance & Compliance
1 337 (3.42%) QA
2 102 (1.03%) EMIR
3 87 (0.88%) Dodd-Frank
4 81 (0.82%) Basel III
5 75 (0.76%) SLA
6 69 (0.70%) Sarbanes-Oxley
7 67 (0.68%) Data Quality
8 56 (0.57%) ISO 9001
9 43 (0.44%) FATCA
10 33 (0.33%) PCI DSS
11 31 (0.31%) MiFID
12 29 (0.29%) COBIT
12 29 (0.29%) Basel II
13 28 (0.28%) ISO/IEC 27001
14 22 (0.22%) Solvency II
15 15 (0.15%) COREP
16 12 (0.12%) FINREP
16 12 (0.12%) AIFMD
17 9 (0.091%) P3O
18 8 (0.081%) UCITS
System Software
1 287 (2.91%) Active Directory
2 95 (0.96%) VMware Infrastructure
3 75 (0.76%) XenApp
4 56 (0.57%) Oracle RAC
5 48 (0.49%) Oracle RMAN
6 42 (0.43%) Microsoft App-V
7 34 (0.34%) VMware ESX
8 26 (0.26%) Veritas Cluster Server
8 26 (0.26%) ACF2
9 24 (0.24%) XenDesktop
10 23 (0.23%) NFS
11 21 (0.21%) RACF
12 20 (0.20%) XenServer
12 20 (0.20%) Apache Flume
13 19 (0.19%) vSphere
14 18 (0.18%) Apache ZooKeeper
14 18 (0.18%) Veritas Volume Manager
14 18 (0.18%) HDFS
15 11 (0.11%) Hyper-V
15 11 (0.11%) Terminal Services
Systems Management
1 182 (1.85%) HP Quality Center
2 104 (1.05%) SCCM
3 90 (0.91%) Control-M
4 73 (0.74%) Tivoli
5 42 (0.43%) Data Guard
6 40 (0.41%) ITRS Geneos
7 36 (0.37%) Puppet
8 34 (0.34%) BladeLogic
9 29 (0.29%) Tivoli Storage Manager
10 28 (0.28%) NetBackup
11 27 (0.27%) SCOM
12 23 (0.23%) BMC PATROL
13 21 (0.21%) Oracle Identity Manager
14 18 (0.18%) Ambari
14 18 (0.18%) Oozie
15 16 (0.16%) Oracle Enterprise Manager
16 15 (0.15%) Cisco CUCM
17 13 (0.13%) Cisco UCCX
17 13 (0.13%) Cisco UCCE
18 11 (0.11%) Nagios
Vendors
1 1245 (12.63%) Oracle
2 858 (8.70%) Microsoft
3 325 (3.30%) Sybase
4 245 (2.48%) Citrix
5 230 (2.33%) IBM
6 225 (2.28%) Red Hat
7 206 (2.09%) Cisco
8 189 (1.92%) HP
9 168 (1.70%) VMware
10 152 (1.54%) SAP
11 150 (1.52%) Business Objects
12 141 (1.43%) Informatica
13 130 (1.32%) Cognos
14 106 (1.08%) TIBCO
15 97 (0.98%) Bloomberg
16 87 (0.88%) CheckPoint
17 83 (0.84%) Reuters
17 83 (0.84%) Juniper
18 81 (0.82%) Adobe
19 79 (0.80%) Sun
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