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 6 March 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
6 Mar 2015
Same period 2014 Same period 2013
Banking
Rank 11 10 8
Rank change year-on-year
-1 -2
Contract jobs citing Banking 4652 4740 4933
As % of all contract IT jobs located in the UK 9.13% 9.60% 11.03%
As % of the General category 23.31% 24.20% 26.21%
Number of daily rates quoted 3179 3435 3642
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £325 £315 £325
10% offered a daily rate of more than £640 £625 £625
UK excluding London average daily rate £425 £400 £375
% change year-on-year
+6.25% +6.66%
Number of hourly rates quoted 10 33 27
Average hourly rate £13.98 £20.00 £20.50
Average hourly rate % change year-on-year
-30.10% -2.43%
90% offered a hourly rate of more than £10.39 £9.94 £11.90
10% offered a hourly rate of more than £25.17 £66.00 £49.10
UK excluding London average hourly rate £10.44 £10.97 £16.50
% change year-on-year
-4.83% -33.51%

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
19953 19583 18819
As % of all contract IT jobs located in the UK 39.16% 39.68% 42.06%
Number of daily rates quoted 12351 11938 11421
Average daily rate £438 £448 £425
Average daily rate % change year-on-year
-2.23% +5.29%
90% offered a daily rate of more than £275 £265 £275
10% offered a daily rate of more than £611 £600 £600
UK excluding London average daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 440 586 605
Average hourly rate £22.00 £22.50 £23.00
Average hourly rate % change year-on-year
-2.22% -2.17%
90% offered a hourly rate of more than £11.00 £11.92 £9.29
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London average hourly rate £25.00 £22.75 £25.00
% change year-on-year
+9.89% -9.00%

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 6 March 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 6 March 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 6 March 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 -5 3986 £490 -2.00% 1236
London -2 2997 £500 -4.76% 844
City of London -3 875 £500 -4.76% 316
Scotland +3 574 £400 -3.61% 141
Edinburgh 0 398 £400 -4.76% 71
North West +9 235 £425 +0.23% 63
South East +18 211 £415 -1.19% 114
South West -1 167 £470 +14.63% 87
Yorkshire -8 137 £400 +8.84% 41
East Midlands +2 129 £425 - 27
Manchester +13 115 £438 -4.10% 30
Northamptonshire 0 110 £425 -15.00% 13
Glasgow +16 109 £425 +21.42% 32
West Yorkshire -13 106 £425 +16.83% 33
Cheshire +3 99 £420 +2.43% 22
Northampton +1 93 £425 -15.00% 6
Buckinghamshire +8 90 £363 -3.33% 22
Wiltshire +7 83 £495 +16.47% 24
Swindon +2 80 £500 +17.64% 17
Halifax -1 52 £413 +10.00% 13
East of England +28 51 £450 - 25
Milton Keynes -1 50 £400 +6.66% 14
Bristol -7 49 £435 +9.84% 25
West Midlands -10 49 £425 - 25
Stirling +3 43 £400 -3.03% 19
Birmingham +3 38 £418 +28.46% 9
Surrey +13 35 £488 -2.98% 21
Docklands, London 0 33 £509 -3.14% 6
Leeds -25 32 £400 +17.64% 14
Knutsford +1 31 £400 -11.11% 2

Banking
Top 30 Related IT Skills

For the 6 months to 6 March 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 5119 (52.15%) Finance
2 2929 (29.84%) Investment Banking
3 1832 (18.67%) SQL
4 1427 (14.54%) Agile Software Development
5 1390 (14.16%) Java
6 1299 (13.23%) Stakeholder Management
7 1228 (12.51%) Retail
8 1121 (11.42%) Project Management
9 1079 (10.99%) Oracle
10 933 (9.51%) UNIX
11 907 (9.24%) Front Office
12 873 (8.89%) Retail Banking
13 783 (7.98%) Windows
13 783 (7.98%) Analytical Skills
14 739 (7.53%) Business Analysis
15 708 (7.21%) Linux
16 686 (6.99%) SQL Server
17 682 (6.95%) Microsoft
18 674 (6.87%) C#
19 646 (6.58%) JavaScript
20 621 (6.33%) .NET
21 592 (6.03%) HTML
22 586 (5.97%) MS Excel
23 549 (5.59%) Derivative
24 543 (5.53%) Degree
25 537 (5.47%) Migration
26 490 (4.99%) Foreign Exchange (FX)
27 446 (4.54%) Data Modelling
28 442 (4.50%) Data Warehouse
29 441 (4.49%) User Acceptance Testing

Banking
Top Related IT Skills by Category

For the 6 months to 6 March 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
1 240 (2.45%) SharePoint
2 212 (2.16%) WebSphere
3 201 (2.05%) SAS
4 103 (1.05%) WebLogic
5 83 (0.85%) Tomcat
6 74 (0.75%) CMS
7 65 (0.66%) JBoss
8 58 (0.59%) MS Exchange
9 54 (0.55%) IIS
10 53 (0.54%) Lync
11 47 (0.48%) IBM Notes
11 47 (0.48%) Apache
11 47 (0.48%) TIBCO EMS
12 46 (0.47%) Node.js
13 42 (0.43%) Confluence
14 41 (0.42%) CICS
15 38 (0.39%) WebSphere Application Server
16 37 (0.38%) FileNet
16 37 (0.38%) Blackberry Enterprise Server
17 34 (0.35%) Oracle Coherence
Applications
1 586 (5.97%) MS Excel
2 434 (4.42%) MS Office
3 275 (2.80%) MS PowerPoint
4 210 (2.14%) MS Project
5 196 (2.00%) MS Visio
6 59 (0.60%) Photoshop
7 44 (0.45%) Adobe Illustrator
8 29 (0.30%) Spreadsheet
9 22 (0.22%) Adobe Creative Suite
10 13 (0.13%) SPSS
11 12 (0.12%) OmniGraffle
12 11 (0.11%) Acrobat
13 9 (0.092%) Adobe Captivate
13 9 (0.092%) Open Workbench
14 7 (0.071%) Fireworks
15 4 (0.041%) InDesign
16 3 (0.031%) DOC1
17 2 (0.020%) InfoPath
17 2 (0.020%) PowerPivot
18 1 (0.010%) FrameMaker
Business Applications
1 43 (0.44%) Dynamics CRM
2 38 (0.39%) SAP FI
3 36 (0.37%) Summit
4 33 (0.34%) ION MarketView
5 30 (0.31%) SAP CO
5 30 (0.31%) SAP FI/CO
6 28 (0.29%) Markit EDM
7 20 (0.20%) IntelliMatch
7 20 (0.20%) Cognos TM1
8 18 (0.18%) RMDS
9 16 (0.16%) Remedy ITSM
10 15 (0.15%) Temenos T24
10 15 (0.15%) Google Analytics
10 15 (0.15%) Oracle EBS
11 14 (0.14%) Oracle Cash Management
12 13 (0.13%) Oracle General Ledger
12 13 (0.13%) Oracle BPM
13 12 (0.12%) thinkFolio
14 10 (0.10%) VisionPLUS
15 9 (0.092%) BusinessWorks
Cloud Services
1 44 (0.45%) SaaS
2 18 (0.18%) Cloud Computing
3 15 (0.15%) IBM Blueworks
4 10 (0.10%) GitHub
5 9 (0.092%) IaaS
5 9 (0.092%) Microsoft Azure
6 8 (0.082%) Amazon AWS
7 6 (0.061%) Force.com
7 6 (0.061%) Office 365
8 5 (0.051%) Amazon S3
9 4 (0.041%) Amazon EC2
10 3 (0.031%) PaaS
10 3 (0.031%) IBM SmartCloud
11 2 (0.020%) Amazon EMR
11 2 (0.020%) Taleo
12 1 (0.010%) Heroku
12 1 (0.010%) CloudFront
12 1 (0.010%) Amazon ELB
12 1 (0.010%) SuccessFactors
12 1 (0.010%) LucidChart
Communications & Networking
1 195 (1.99%) Firewall
2 137 (1.40%) TCP/IP
3 128 (1.30%) Internet
4 112 (1.14%) LAN
5 107 (1.09%) SAN
6 102 (1.04%) DNS
7 93 (0.95%) WAN
8 75 (0.76%) BGP
9 64 (0.65%) Network Security
10 63 (0.64%) Multicast
11 54 (0.55%) VPN
12 53 (0.54%) OSPF
13 50 (0.51%) MPLS
14 49 (0.50%) EIGRP
15 48 (0.49%) Intranet
16 46 (0.47%) Wireless
17 45 (0.46%) NAS
18 44 (0.45%) HTTP
18 44 (0.45%) ATM
19 43 (0.44%) Cisco Nexus
Database & Business Intelligence
1 686 (6.99%) SQL Server
2 442 (4.50%) Data Warehouse
3 362 (3.69%) Relational Database
4 208 (2.12%) SQL Server Integration Services
5 197 (2.01%) Oracle Database
6 168 (1.71%) Big Data
7 165 (1.68%) SQL Server Reporting Services
8 157 (1.60%) RDBMS
9 148 (1.51%) SQL Server 2008
10 140 (1.43%) DB2
11 132 (1.34%) Hadoop
12 118 (1.20%) QlikView
13 86 (0.88%) Oracle Database 11g
14 82 (0.84%) MS Access
15 75 (0.76%) Data Mining
16 67 (0.68%) SQL Server Analysis Services
17 61 (0.62%) SQL Server 2005
18 54 (0.55%) OLAP
19 49 (0.50%) DataStage
20 48 (0.49%) NoSQL
Development Applications
1 182 (1.85%) JIRA
2 141 (1.44%) Maven
3 114 (1.16%) Subversion
4 108 (1.10%) TeamCity
5 86 (0.88%) Selenium
6 85 (0.87%) Git (software)
7 79 (0.80%) JUnit
8 78 (0.79%) Visual Studio
9 68 (0.69%) NUnit
10 66 (0.67%) Jenkins
11 62 (0.63%) QuickTest Pro
12 57 (0.58%) Ant
13 50 (0.51%) Team Foundation Server
14 46 (0.47%) CruiseControl
14 46 (0.47%) Grunt
15 43 (0.44%) Eclipse
16 36 (0.37%) jMock
16 36 (0.37%) Cucumber
17 33 (0.34%) Toad
18 30 (0.31%) WebDriver
General
1 5119 (52.15%) Finance
2 2929 (29.84%) Investment Banking
3 1228 (12.51%) Retail
4 907 (9.24%) Front Office
5 873 (8.89%) Retail Banking
6 282 (2.87%) Telecoms
7 271 (2.76%) Back Office
8 240 (2.45%) Financial Institution
9 216 (2.20%) Legal
10 89 (0.91%) Marketing
11 80 (0.82%) Corporate Banking
12 77 (0.78%) Law
13 50 (0.51%) Private Banking
14 47 (0.48%) International Banking
15 43 (0.44%) General Ledger
16 42 (0.43%) Advertising
17 32 (0.33%) Manufacturing
17 32 (0.33%) Billing
18 26 (0.26%) Publishing
19 24 (0.24%) Wholesale Banking
Job Titles
1 2810 (28.63%) Analyst
2 2259 (23.02%) Developer
3 1562 (15.91%) Business Analyst
4 1217 (12.40%) Project Manager
5 626 (6.38%) Architect
6 600 (6.11%) Java Developer
7 417 (4.25%) Banking Business Analyst
8 331 (3.37%) Consultant
9 267 (2.72%) Senior Developer
9 267 (2.72%) C# Developer
10 245 (2.50%) Data Analyst
11 224 (2.28%) Senior Analyst
12 219 (2.23%) Solutions Architect
13 216 (2.20%) Test Manager
14 210 (2.14%) Test Analyst
15 206 (2.10%) Support Analyst
16 189 (1.93%) Programme Manager
17 188 (1.92%) Senior Manager
18 174 (1.77%) Designer
19 162 (1.65%) SQL Developer
Libraries, Frameworks & Software Standards
1 621 (6.33%) .NET
2 592 (6.03%) HTML
3 361 (3.68%) XML
4 352 (3.59%) CSS
5 351 (3.58%) HTML5
6 280 (2.85%) Spring
7 241 (2.46%) Web Services
8 216 (2.20%) jQuery
9 207 (2.11%) WPF
10 199 (2.03%) AngularJS
11 186 (1.90%) Middleware
12 168 (1.71%) Hibernate
13 163 (1.66%) J2EE
14 156 (1.59%) FIX Protocol
15 139 (1.42%) JMS
16 137 (1.40%) WCF
17 128 (1.30%) ASP.NET
18 127 (1.29%) SOAP
19 114 (1.16%) REST
20 111 (1.13%) RESTful
Miscellaneous
1 783 (7.98%) Analytical Skills
2 549 (5.59%) Derivative
3 490 (4.99%) Foreign Exchange (FX)
4 409 (4.17%) Fixed Income
5 287 (2.92%) Credit Risk
6 269 (2.74%) Equities
7 251 (2.56%) User Experience
8 196 (2.00%) Computer Science
9 193 (1.97%) Market Risk
10 145 (1.48%) Mainframe
11 142 (1.45%) Equity Derivative
12 138 (1.41%) Mobile Banking
13 133 (1.36%) Management Information System
14 123 (1.25%) Reference Data
15 115 (1.17%) Mobile App
16 114 (1.16%) SWIFT
17 110 (1.12%) Blackberry
18 109 (1.11%) Mathematics
19 99 (1.01%) Online Banking
20 77 (0.78%) Data Structures
Operating Systems
1 933 (9.51%) UNIX
2 783 (7.98%) Windows
3 708 (7.21%) Linux
4 172 (1.75%) Solaris
5 168 (1.71%) Windows 7
6 143 (1.46%) Windows Server 2008
7 128 (1.30%) Red Hat Enterprise Linux
8 115 (1.17%) Apple iOS
9 110 (1.12%) Windows XP
10 100 (1.02%) Windows Server 2003
11 98 (1.00%) Android
12 71 (0.72%) AIX
13 64 (0.65%) Windows Server 2012
14 45 (0.46%) zOS
15 44 (0.45%) SUSE
16 19 (0.19%) HPUX
17 9 (0.092%) Windows 2000
17 9 (0.092%) Windows NT
17 9 (0.092%) Windows 8
17 9 (0.092%) Windows Vista
Processes & Methodologies
1 1427 (14.54%) Agile Software Development
2 1299 (13.23%) Stakeholder Management
3 1121 (11.42%) Project Management
4 739 (7.53%) Business Analysis
5 537 (5.47%) Migration
6 446 (4.54%) Data Modelling
7 441 (4.49%) User Acceptance Testing
8 429 (4.37%) Risk Management
9 416 (4.24%) OO
10 397 (4.04%) TDD
11 391 (3.98%) PRINCE2
12 390 (3.97%) Data Analysis
13 387 (3.94%) ITIL
13 387 (3.94%) Change Management
14 365 (3.72%) Business Intelligence
15 363 (3.70%) Multithreading
16 358 (3.65%) Analytics
17 312 (3.18%) Scrum
18 310 (3.16%) ETL
19 287 (2.92%) Low Latency
Programming Languages
1 1832 (18.67%) SQL
2 1390 (14.16%) Java
3 674 (6.87%) C#
4 646 (6.58%) JavaScript
5 383 (3.90%) C++
6 301 (3.07%) Python
6 301 (3.07%) VBA
7 293 (2.99%) Perl
8 223 (2.27%) PL/SQL
9 209 (2.13%) Shell Script
10 126 (1.28%) T-SQL
11 115 (1.17%) C
12 86 (0.88%) PowerShell
13 83 (0.85%) Scala
14 70 (0.71%) VB
15 65 (0.66%) Bash Shell
16 62 (0.63%) Korn
17 56 (0.57%) VB.NET
18 48 (0.49%) Ruby
19 44 (0.45%) VBScript
Qualifications
1 543 (5.53%) Degree
2 169 (1.72%) ISEB
3 160 (1.63%) VCP4
4 142 (1.45%) PMI Certification
5 122 (1.24%) Cisco Certification
6 103 (1.05%) PMP
7 86 (0.88%) CCNP
8 82 (0.84%) PRINCE2 Certification
9 63 (0.64%) ISTQB
10 55 (0.56%) CCNA
11 45 (0.46%) Microsoft Certification
12 41 (0.42%) CCIE
13 40 (0.41%) CISSP
14 38 (0.39%) ITIL Certification
15 34 (0.35%) Security Cleared
16 32 (0.33%) ISTQB Foundation Certification
17 31 (0.32%) MCSE
18 29 (0.30%) ISEB Practitioner
19 22 (0.22%) CISA
20 20 (0.20%) CISM
Quality Assurance & Compliance
1 301 (3.07%) QA
2 96 (0.98%) EMIR
3 90 (0.92%) Data Quality
4 86 (0.88%) FATCA
5 74 (0.75%) Sarbanes-Oxley
6 72 (0.73%) Dodd-Frank
7 56 (0.57%) Basel III
8 53 (0.54%) SLA
9 42 (0.43%) ISO 9001
10 38 (0.39%) Basel II
11 34 (0.35%) MiFID
12 29 (0.30%) PCI DSS
13 26 (0.26%) Solvency II
13 26 (0.26%) COBIT
14 25 (0.25%) COREP
15 24 (0.24%) ISO/IEC 27001
16 22 (0.22%) FINREP
17 14 (0.14%) CRD IV
18 7 (0.071%) GAAP
19 5 (0.051%) ISO 9000
System Software
1 190 (1.94%) Active Directory
2 114 (1.16%) VMware Infrastructure
3 46 (0.47%) Oracle RAC
4 37 (0.38%) vSphere
5 34 (0.35%) Veritas Cluster Server
6 31 (0.32%) XenApp
7 30 (0.31%) RACF
8 27 (0.28%) Oracle RMAN
8 27 (0.28%) ACF2
9 26 (0.26%) HDFS
10 23 (0.23%) NFS
10 23 (0.23%) XenDesktop
11 22 (0.22%) Microsoft App-V
12 20 (0.20%) VMware ESX
12 20 (0.20%) Veritas Volume Manager
13 17 (0.17%) VMware ESXi
14 16 (0.16%) Hyper-V
15 15 (0.15%) ProxySG
15 15 (0.15%) KVM
15 15 (0.15%) Docker
Systems Management
1 193 (1.97%) HP Quality Center
2 96 (0.98%) Control-M
3 50 (0.51%) SCCM
4 48 (0.49%) Tivoli
5 36 (0.37%) ITRS Geneos
6 29 (0.30%) Puppet
7 26 (0.26%) Opscode Chef
8 23 (0.23%) SCOM
8 23 (0.23%) Data Guard
9 21 (0.21%) NetBackup
10 20 (0.20%) Vagrant
11 16 (0.16%) Tivoli Storage Manager
12 15 (0.15%) Hadoop YARN
13 14 (0.14%) BladeLogic
14 12 (0.12%) BMC PATROL
15 11 (0.11%) CA Single Sign-On
15 11 (0.11%) Cisco CUCM
16 9 (0.092%) Symantec Enterprise Vault
16 9 (0.092%) Norton AntiVirus
16 9 (0.092%) OpenView
Vendors
1 1079 (10.99%) Oracle
2 682 (6.95%) Microsoft
3 318 (3.24%) IBM
4 276 (2.81%) Sybase
5 247 (2.52%) Cisco
6 197 (2.01%) VMware
7 190 (1.94%) HP
8 169 (1.72%) Citrix
9 161 (1.64%) SAP
10 139 (1.42%) Red Hat
11 133 (1.36%) TIBCO
12 129 (1.31%) Informatica
13 121 (1.23%) Business Objects
14 105 (1.07%) Cognos
15 95 (0.97%) Adobe
16 91 (0.93%) F5
17 86 (0.88%) Bloomberg
18 79 (0.80%) CheckPoint
19 78 (0.79%) Juniper
20 77 (0.78%) Teradata
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