The first part of 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 16 May 2012 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category.

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.

Banking
Location
3 months to
16 May 2012
Same period 2011Same period 2010
Rank544
Rank change year-on-year
Down-1No change0
Matching contract IT job ads78861143411032
As % of all contract IT jobs located in the UK13.32 %18.63 %20.04 %
As % of the General category29.49 %37.32 %41.72 %
Number of daily rates quoted571979656652
Average daily rate£450£500£500
Average daily rate % change year-on-year
-10.00 %-
90% of contracts offered a daily rate of more than£310£350£325
10% of contracts offered a daily rate of more than£621£650£625
UK excluding London average daily rate£390£384£354
% change year-on-year
+1.62 %+8.48 %
Number of hourly rates quoted446446
Average hourly rate£22.00£21.81£20.60
Average hourly rate % change year-on-year
+0.85 %+5.88 %
90% of contracts offered a hourly rate of more than£15.00£12.00£14.75
10% of contracts offered a hourly rate of more than£41.50£55.00£39.00
UK excluding London average hourly rate£22.00£16.63£18.70
% change year-on-year
+32.33 %-11.09 %
IT Contractor Job Market, General CategoryAll General Category
UK
Contract IT job ads with a match in the
General category
267373063526441
As % of all contract IT jobs located in the UK45.17 %49.92 %48.02 %
Number of daily rates quoted158851836014057
Average daily rate£425£500£475
Average daily rate % change year-on-year
-15.00 %+5.26 %
90% of contracts offered a daily rate of more than£275£300£288
10% of contracts offered a daily rate of more than£600£650£625
UK excluding London average daily rate£375£375£350
% change year-on-year
-+7.14 %
Number of hourly rates quoted765923841
Average hourly rate£23.00£25.00£22.50
Average hourly rate % change year-on-year
-8.00 %+11.11 %
90% of contracts offered a hourly rate of more than£12.00£11.50£11.00
10% of contracts offered a hourly rate of more than£42.50£41.00£40.00
UK excluding London average hourly rate£25.00£26.00£22.50
% change year-on-year
-3.84 %+15.55 %

Banking
Demand Trend

The 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 Demand Trend

Banking
Daily Rate Trend

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

Banking Daily Rate Trend

Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Banking within the UK over the 3 months to 16 May 2012.

Banking Daily Rate Histogram

Banking
Hourly Rate Trend

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

Banking Hourly Rate Trend

Banking
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Banking within the UK over the 3 months to 16 May 2012.

Banking Hourly Rate Histogram

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 16 May 2012. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandDown-17278£463-11.90 %
LondonDown-35827£498-5.23 %
City of LondonDown-22109£475-9.52 %
ScotlandNo change0485£375-
South WestUp+2360£384-4.00 %
EdinburghNo change0296£389+3.66 %
North WestDown-2285£413+28.90 %
South EastDown-5272£400-2.73 %
YorkshireUp+2271£380-2.87 %
West YorkshireNo change0240£380-3.79 %
HalifaxUp+1157£380-0.97 %
Canary WharfNo change0137£550-8.33 %
BristolUp+2127£390-6.86 %
East MidlandsDown-3125£375-6.25 %
GlasgowNo change0118£375+5.26 %
CheshireUp+3115£400+24.03 %
BuckinghamshireUp+5114£338+8.00 %
ManchesterDown-7108£413+13.79 %
Milton KeynesUp+1100£338-
NorthamptonshireNo change095£400+5.61 %
Docklands, LondonDown-192£526-4.31 %
West MidlandsUp+2279£360-20.00 %
NorthamptonUp+164£400-
GloucestershireUp+2760£380-7.87 %
WalesUp+1360£380+1.33 %
LeedsDown-1459£380-10.58 %
South WalesUp+958£380+1.33 %
SurreyDown-1252£450+9.09 %
BirminghamUp+1751£348-18.23 %
CardiffUp+448£378+0.80 %

Banking
Top 30 Related IT Skills

For the 6 months to 16 May 2012, 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.

17137 (48.73 %)Finance
25569 (38.02 %)Investment Banking
32390 (16.32 %)SQL
42330 (15.91 %)Retail
51930 (13.18 %)Project Management
61740 (11.88 %)Retail Banking
71544 (10.54 %)Java
81533 (10.47 %)Stakeholder Management
91512 (10.32 %)Oracle
101284 (8.766 %)Business Analysis
111212 (8.275 %)C#
121120 (7.647 %)UNIX
131088 (7.428 %)Front Office
141036 (7.073 %).NET
151030 (7.032 %)SQL Server
161023 (6.984 %)Windows
17985 (6.725 %)Migration
18917 (6.261 %)Microsoft
19905 (6.179 %)MS Excel
20865 (5.906 %)Derivative
21845 (5.769 %)Change Management
22834 (5.694 %)Credit Risk
23809 (5.523 %)Linux
24792 (5.407 %)Foreign Exchange (FX)
25719 (4.909 %)PRINCE2
26693 (4.731 %)User Acceptance Testing
27691 (4.718 %)Risk Management
28588 (4.014 %)Fixed Income
29566 (3.864 %)Agile Software Development
30562 (3.837 %)Degree

Banking
Top Related IT Skills by Category

For the 6 months to 16 May 2012, 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.

IT Contractor Job Market, Application Development CategoryApplication Development
11036 (7.073 %).NET
2488 (3.332 %)XML
3389 (2.656 %)J2EE
4388 (2.649 %)Spring
5349 (2.383 %)Middleware
6342 (2.335 %)WebSphere
7326 (2.226 %)WPF
8316 (2.157 %)ASP.NET
9304 (2.076 %)Web Services
10278 (1.898 %)WCF
11218 (1.488 %)Hibernate
12205 (1.400 %)HTML
13185 (1.263 %)CSS
14172 (1.174 %)jQuery
15164 (1.120 %).NET Framework
16163 (1.113 %)JMS
17156 (1.065 %)Ajax
18131 (0.894 %)SOAP
19122 (0.833 %)WinForms
20106 (0.724 %)Silverlight
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
1290 (1.980 %)SharePoint
2240 (1.639 %)SAS
3156 (1.065 %)WebSphere MQ
4134 (0.915 %)WebLogic
5103 (0.703 %)Apache
6100 (0.683 %)MS Exchange
798 (0.669 %)Tomcat
897 (0.662 %)IIS
986 (0.587 %)WebSphere Application Server
1081 (0.553 %)Rendezvous
1174 (0.505 %)BizTalk Server
1265 (0.444 %)CMS
1359 (0.403 %)ESB
1458 (0.396 %)Exchange Server 2003
1554 (0.369 %)Lotus Notes
1650 (0.341 %)TIBCO EMS
1747 (0.321 %)IBM HTTP Server
1845 (0.307 %)Blackberry Enterprise Server
1942 (0.287 %)Oracle Coherence
2037 (0.253 %)MSMQ
IT Contractor Job Market, Applications CategoryApplications
1905 (6.179 %)MS Excel
2555 (3.789 %)MS Office
3456 (3.113 %)MS Project
4428 (2.922 %)MS PowerPoint
5366 (2.499 %)MS Visio
697 (0.662 %)Spreadsheet
744 (0.300 %)Photoshop
826 (0.178 %)Adobe Illustrator
913 (0.089 %)Fireworks
107 (0.048 %)Mingle
116 (0.041 %)InfoPath
125 (0.034 %)MATLAB
134 (0.027 %)Open Workbench
134 (0.027 %)Acrobat
134 (0.027 %)SPSS
142 (0.014 %)Office 365
142 (0.014 %)Casewise Modeler
142 (0.014 %)DOC1
142 (0.014 %)AutoCAD
151 (0.007 %)FrameMaker
IT Contractor Job Market, Business Applications CategoryBusiness Applications
165 (0.444 %)Dynamics CRM
262 (0.423 %)Oracle EBS
358 (0.396 %)Temenos T24
451 (0.348 %)Oracle EBS R12
536 (0.246 %)SAP FI
634 (0.232 %)Oracle Financials
733 (0.225 %)HFM
832 (0.218 %)Algo Collateral
930 (0.205 %)SAP CO
1029 (0.198 %)SAP FI/CO
1127 (0.184 %)RMDS
1225 (0.171 %)ION MarketView
1324 (0.164 %)Summit
1422 (0.150 %)Oracle Applications
1520 (0.137 %)Oracle General Ledger
1619 (0.130 %)FLEXCUBE
1718 (0.123 %)assyst
1817 (0.116 %)Kondor+
1916 (0.109 %)Temenos Globus
2014 (0.096 %)SunGard Stream Clearvision
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
1326 (2.226 %)Internet
2236 (1.611 %)Firewall
3202 (1.379 %)SAN
4195 (1.331 %)TCP/IP
5138 (0.942 %)LAN
5138 (0.942 %)WAN
6126 (0.860 %)LDAP
7102 (0.696 %)DNS
886 (0.587 %)VPN
983 (0.567 %)SSL
1073 (0.498 %)ATM
1169 (0.471 %)Network Security
1261 (0.416 %)Intranet
1360 (0.410 %)NAS
1360 (0.410 %)DHCP
1459 (0.403 %)VoIP
1549 (0.335 %)MPLS
1643 (0.294 %)HTTP
1741 (0.280 %)OSPF
1836 (0.246 %)BGP
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
11030 (7.032 %)SQL Server
2435 (2.970 %)Data Warehouse
3381 (2.601 %)ETL
4334 (2.280 %)SQL Server Integration Services
5270 (1.843 %)SQL Server Reporting Services
6251 (1.714 %)SQL Server 2008
7191 (1.304 %)DB2
8160 (1.092 %)Oracle 11g
9159 (1.086 %)SQL Server 2005
10151 (1.031 %)RDBMS
11148 (1.010 %)SQL Server Analysis Services
12144 (0.983 %)Oracle 10g
13135 (0.922 %)MS Access
14114 (0.778 %)OLAP
15100 (0.683 %)Oracle 8/8i
1691 (0.621 %)Data Mining
1783 (0.567 %)Oracle BI EE
1876 (0.519 %)Oracle Reports
1975 (0.512 %)QlikView
2060 (0.410 %)Oracle OLAP
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
1149 (1.017 %)Maven
2147 (1.004 %)Subversion
3146 (0.997 %)JUnit
4115 (0.785 %)JIRA
5106 (0.724 %)Ant
691 (0.621 %)Visual Studio
790 (0.614 %)QuickTest Pro
860 (0.410 %)TeamCity
957 (0.389 %)ClearCase
1055 (0.376 %)TestDirector
1149 (0.335 %)CruiseControl
1149 (0.335 %)LoadRunner
1248 (0.328 %)NUnit
1344 (0.300 %)Selenium
1443 (0.294 %)Hudson
1542 (0.287 %)Eclipse
1639 (0.266 %)jMock
1738 (0.259 %)MSI
1831 (0.212 %)WinRunner
1831 (0.212 %)Team Foundation Server
IT Contractor Job Market, General CategoryGeneral
17137 (48.73 %)Finance
25569 (38.02 %)Investment Banking
32330 (15.91 %)Retail
41740 (11.88 %)Retail Banking
51088 (7.428 %)Front Office
6560 (3.823 %)Back Office
7537 (3.666 %)Financial Institution
8301 (2.055 %)Corporate Banking
9248 (1.693 %)Marketing
10245 (1.673 %)Legal
11240 (1.639 %)Telecoms
12142 (0.969 %)Private Banking
13128 (0.874 %)General Ledger
14111 (0.758 %)Wholesale Banking
1565 (0.444 %)Spanish Language
1658 (0.396 %)French Language
1753 (0.362 %)International Banking
1847 (0.321 %)Law
1941 (0.280 %)German Language
2032 (0.218 %)Billing
IT Contractor Job Market, Job Titles CategoryJob Titles
14808 (32.83 %)Analyst
22970 (20.28 %)Business Analyst
32870 (19.59 %)Developer
42180 (14.88 %)Project Manager
5775 (5.291 %)Architect
6754 (5.148 %)Java Developer
7723 (4.936 %)Banking Business Analyst
8492 (3.359 %)C# Developer
9489 (3.339 %)Test Analyst
10397 (2.710 %)Senior Analyst
11379 (2.588 %)Consultant
12366 (2.499 %)Senior Developer
13332 (2.267 %)Test Manager
14316 (2.157 %)Support Analyst
15301 (2.055 %)Investment Banking Business Analyst
16281 (1.918 %)Senior Business Analyst
17273 (1.864 %)Programme Manager
18264 (1.802 %)Data Analyst
19249 (1.700 %)Risk Analyst
20237 (1.618 %)Administrator
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
1865 (5.906 %)Derivative
2834 (5.694 %)Credit Risk
3792 (5.407 %)Foreign Exchange (FX)
4588 (4.014 %)Fixed Income
5475 (3.243 %)Market Risk
6381 (2.601 %)Equities
7284 (1.939 %)Hedge funds
8210 (1.434 %)Mainframe
9209 (1.427 %)Online Banking
10200 (1.365 %)Management Information System
11182 (1.243 %)Reference Data
12167 (1.140 %)SWIFT
13160 (1.092 %)Blackberry
14134 (0.915 %)Interest Rate Derivative
15128 (0.874 %)PMI
16123 (0.840 %)Equity Derivative
17121 (0.826 %)Clustering
18117 (0.799 %)Computer Science
1984 (0.573 %)iPhone
2083 (0.567 %)Replication
IT Contractor Job Market, Operating Systems CategoryOperating Systems
11120 (7.647 %)UNIX
21023 (6.984 %)Windows
3809 (5.523 %)Linux
4369 (2.519 %)Solaris
5175 (1.195 %)Windows 7
6161 (1.099 %)Windows XP
7151 (1.031 %)Windows Server 2008
8135 (0.922 %)Windows Server 2003
9128 (0.874 %)AIX
10124 (0.847 %)Red Hat Enterprise Linux
1178 (0.533 %)Android
1266 (0.451 %)Apple iOS
1347 (0.321 %)HPUX
1433 (0.225 %)Windows Phone 7
1531 (0.212 %)Windows 2000 Server
1624 (0.164 %)SUSE
1723 (0.157 %)zOS
1723 (0.157 %)VMS
1822 (0.150 %)Windows Vista
1921 (0.143 %)Windows 2000
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
11930 (13.18 %)Project Management
21533 (10.47 %)Stakeholder Management
31284 (8.766 %)Business Analysis
4985 (6.725 %)Migration
5845 (5.769 %)Change Management
6719 (4.909 %)PRINCE2
7693 (4.731 %)User Acceptance Testing
8691 (4.718 %)Risk Management
9566 (3.864 %)Agile Software Development
10537 (3.666 %)Multithreading
11508 (3.468 %)OO
12485 (3.311 %)ITIL
13426 (2.908 %)E-Commerce
14421 (2.874 %)Data Analysis
15390 (2.663 %)Business Intelligence
16377 (2.574 %)Data Modelling
17350 (2.390 %)TDD
18320 (2.185 %)Change Control
19310 (2.116 %)Asset Management
20304 (2.076 %)Test Scripting
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
12390 (16.32 %)SQL
21544 (10.54 %)Java
31212 (8.275 %)C#
4445 (3.038 %)C++
5369 (2.519 %)VBA
6353 (2.410 %)PL/SQL
7274 (1.871 %)JavaScript
8255 (1.741 %)Shell Script
9251 (1.714 %)T-SQL
10234 (1.598 %)Perl
11197 (1.345 %)Python
12162 (1.106 %)VB
13119 (0.812 %)C
1479 (0.539 %)PowerShell
1479 (0.539 %)VBScript
1578 (0.533 %)VB.NET
1660 (0.410 %)Korn
1752 (0.355 %)COBOL
1839 (0.266 %)Scala
1938 (0.259 %)ActionScript
IT Contractor Job Market, Qualifications CategoryQualifications
1562 (3.837 %)Degree
2219 (1.495 %)ISEB
2219 (1.495 %)PMI Certification
3144 (0.983 %)PRINCE2 Certification
4132 (0.901 %)PMP
5104 (0.710 %)Cisco Certification
696 (0.655 %)CIMA
787 (0.594 %)CISSP
881 (0.553 %)ACCA
965 (0.444 %)Microsoft Certification
1061 (0.416 %)ITIL Certification
1158 (0.396 %)CCNP
1256 (0.382 %)Security Cleared
1353 (0.362 %)PRINCE2 Practitioner
1452 (0.355 %)MCSE
1551 (0.348 %)CCNA
1649 (0.335 %)ISTQB
1736 (0.246 %)CCIE
1736 (0.246 %)CISM
1834 (0.232 %)ISEB Practitioner
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
1364 (2.485 %)QA
2207 (1.413 %)Basel II
3149 (1.017 %)Basel III
497 (0.662 %)Sarbanes-Oxley
594 (0.642 %)SLA
685 (0.580 %)Data Quality
780 (0.546 %)FATCA
848 (0.328 %)ISO 9001
940 (0.273 %)MiFID
1033 (0.225 %)Solvency II
1127 (0.184 %)COBIT
1219 (0.130 %)ISO/IEC 27001
139 (0.061 %)BS7799
139 (0.061 %)PCI DSS
146 (0.041 %)IAS 39
146 (0.041 %)EFQM
155 (0.034 %)COSO
164 (0.027 %)GAAP
173 (0.020 %)ISO 8583
173 (0.020 %)ISO/IEC 20000
IT Contractor Job Market, System Software CategorySystem Software
1324 (2.212 %)Active Directory
2129 (0.881 %)VMware Infrastructure
366 (0.451 %)XenApp
454 (0.369 %)Oracle RMAN
454 (0.369 %)VMware ESX
552 (0.355 %)Oracle RAC
630 (0.205 %)vSphere
726 (0.178 %)XenDesktop
821 (0.143 %)OpenSSO
920 (0.137 %)Veritas Cluster Server
1019 (0.130 %)Veritas Volume Manager
1118 (0.123 %)NFS
1217 (0.116 %)SRDF
1316 (0.109 %)Hyper-V
1410 (0.068 %)Sendmail
1410 (0.068 %)Citrix Presentation Server
159 (0.061 %)vCloud
168 (0.055 %)Terminal Services
177 (0.048 %)RACF
177 (0.048 %)VMware ESXi
IT Contractor Job Market, Systems Management CategorySystems Management
1331 (2.260 %)HP Quality Center
2117 (0.799 %)Tivoli
346 (0.314 %)Control-M
436 (0.246 %)Data Guard
535 (0.239 %)McAfee ePO
535 (0.239 %)NetBackup
634 (0.232 %)Tivoli Storage Manager
732 (0.218 %)SCCM
826 (0.178 %)CA Wily
925 (0.171 %)Systems Management Server (SMS)
1023 (0.157 %)Tivoli Monitoring
1023 (0.157 %)OMEGAMON
1120 (0.137 %)EMC NetWorker
1120 (0.137 %)CA SiteMinder
1219 (0.130 %)Legato
1318 (0.123 %)BladeLogic
1416 (0.109 %)WMI
1515 (0.102 %)Netcool
1614 (0.096 %)Tivoli Identity Manager
1614 (0.096 %)BMC PATROL
IT Contractor Job Market, Vendors CategoryVendors
11512 (10.32 %)Oracle
2917 (6.261 %)Microsoft
3436 (2.977 %)IBM
4383 (2.615 %)Sybase
5295 (2.014 %)HP
6233 (1.591 %)Business Objects
7225 (1.536 %)Cisco
8213 (1.454 %)SAP
9202 (1.379 %)Citrix
10189 (1.290 %)TIBCO
11186 (1.270 %)VMware
12161 (1.099 %)Bloomberg
13153 (1.045 %)Red Hat
14151 (1.031 %)Reuters
15124 (0.847 %)Sun
16121 (0.826 %)Murex
17117 (0.799 %)EMC
18109 (0.744 %)Informatica
19107 (0.731 %)Pega
2093 (0.635 %)Remedy