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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Banking
Rank 11 8 10
Rank change year-on-year
-3 +2
Contract jobs citing Banking 5091 5582 5231
As % of all contract IT jobs located in the UK 9.23% 10.82% 10.54%
As % of the General category 24.06% 26.38% 25.58%
Number of daily rates quoted 3681 4099 3774
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 £305 £307 £303
10% offered a daily rate of more than £627 £650 £625
UK excluding London average daily rate £415 £385 £375
% change year-on-year
+7.79% +2.66%
Number of hourly rates quoted 16 28 27
Average hourly rate £20.38 £20.50 £22.00
Average hourly rate % change year-on-year
-0.57% -6.81%
90% offered a hourly rate of more than £9.97 £9.98 £11.00
10% offered a hourly rate of more than £65.00 £125.00 £81.60
UK excluding London average hourly rate £10.22 £11.50 £15.00
% change year-on-year
-11.13% -23.33%

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
21157 21159 20450
As % of all contract IT jobs located in the UK 38.35% 41.00% 41.20%
Number of daily rates quoted 13773 13366 12040
Average daily rate £438 £450 £425
Average daily rate % change year-on-year
-2.77% +5.88%
90% offered a daily rate of more than £275 £270 £270
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 477 570 781
Average hourly rate £22.50 £22.00 £21.94
Average hourly rate % change year-on-year
+2.27% +0.28%
90% offered a hourly rate of more than £11.25 £11.00 £11.38
10% offered a hourly rate of more than £45.00 £43.00 £45.00
UK excluding London average hourly rate £22.69 £24.25 £22.50
% change year-on-year
-6.43% +7.77%

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 19 December 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 19 December 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 19 December 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 -4 4476 £483 -3.40% 1024
London -1 3444 £500 -4.76% 693
City of London -3 998 £500 -4.76% 249
Scotland +2 542 £410 +7.89% 91
Edinburgh +2 407 £400 +1.01% 53
South East -3 232 £400 -4.76% 94
South West -2 191 £430 +8.58% 52
North West -8 186 £400 +6.66% 53
Yorkshire -2 162 £413 +8.55% 44
West Yorkshire -8 126 £425 +13.33% 38
Buckinghamshire +11 109 £350 +7.69% 14
Wiltshire +17 106 £483 +7.33% 16
Swindon +7 96 £475 +5.55% 8
East Midlands +17 95 £425 +142.85% 27
Cheshire -3 91 £400 +7.23% 17
Glasgow +2 89 £410 +2.50% 28
West Midlands -7 80 £360 -10.00% 20
Milton Keynes +4 77 £350 +7.69% 9
Halifax 0 76 £425 +12.58% 9
Northamptonshire +1 74 £425 +49.12% 23
Manchester +5 68 £450 -5.26% 28
East of England +13 58 £406 -6.06% 30
Northampton +3 58 £425 +41.66% 14
Birmingham +3 50 £360 +2.85% 16
Docklands, London +1 44 £550 - 9
Surrey +15 41 £450 -11.76% 9
Bristol -29 37 £400 +5.96% 24
Leeds -7 32 £392 +11.92% 23
Berkshire -23 31 £425 +13.33% 37
Knutsford +1 30 £420 +17.34% 3

Banking
Top 30 Related IT Skills

For the 6 months to 19 December 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 5026 (50.16%) Finance
2 3150 (31.44%) Investment Banking
3 1917 (19.13%) SQL
4 1423 (14.20%) Java
4 1423 (14.20%) Agile Software Development
5 1262 (12.59%) Stakeholder Management
6 1250 (12.48%) Retail
7 1200 (11.98%) Oracle
8 1106 (11.04%) Project Management
9 986 (9.84%) UNIX
10 972 (9.70%) Front Office
11 953 (9.51%) Windows
12 901 (8.99%) Retail Banking
13 837 (8.35%) Analytical Skills
14 811 (8.09%) Linux
15 803 (8.01%) Microsoft
16 749 (7.48%) Business Analysis
17 736 (7.35%) SQL Server
18 731 (7.30%) C#
19 628 (6.27%) .NET
20 603 (6.02%) JavaScript
21 582 (5.81%) MS Excel
22 564 (5.63%) Degree
23 558 (5.57%) Migration
24 544 (5.43%) HTML
25 523 (5.22%) Derivative
26 512 (5.11%) Foreign Exchange (FX)
27 459 (4.58%) User Acceptance Testing
28 448 (4.47%) MS Office
29 438 (4.37%) Risk Management

Banking
Top Related IT Skills by Category

For the 6 months to 19 December 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
1 246 (2.46%) SharePoint
2 243 (2.43%) WebSphere
3 214 (2.14%) SAS
4 121 (1.21%) WebLogic
5 108 (1.08%) Tomcat
6 106 (1.06%) CMS
7 84 (0.84%) IIS
8 77 (0.77%) Apache
9 72 (0.72%) MS Exchange
10 71 (0.71%) JBoss
11 56 (0.56%) Oracle Coherence
12 54 (0.54%) IBM Notes
13 52 (0.52%) Node.js
14 51 (0.51%) Lync
15 43 (0.43%) Exchange Server 2010
16 42 (0.42%) TIBCO EMS
17 39 (0.39%) WebSphere Application Server
18 35 (0.35%) Confluence
19 33 (0.33%) SharePoint 2010
19 33 (0.33%) BizTalk Server
Applications
1 582 (5.81%) MS Excel
2 448 (4.47%) MS Office
3 273 (2.72%) MS PowerPoint
4 222 (2.22%) MS Project
5 210 (2.10%) MS Visio
6 79 (0.79%) Photoshop
7 51 (0.51%) Adobe Illustrator
8 38 (0.38%) Spreadsheet
9 22 (0.22%) Adobe Creative Suite
10 14 (0.14%) Fireworks
10 14 (0.14%) OmniGraffle
11 11 (0.11%) Acrobat
12 8 (0.080%) SPSS
13 5 (0.050%) Open Workbench
13 5 (0.050%) InDesign
14 3 (0.030%) Adobe Captivate
14 3 (0.030%) DOC1
15 2 (0.020%) RoboHelp
16 1 (0.010%) PowerPivot
16 1 (0.010%) InfoPath
Business Applications
1 52 (0.52%) Dynamics CRM
2 39 (0.39%) SAP FI
3 35 (0.35%) Summit
3 35 (0.35%) Cognos TM1
4 34 (0.34%) ION MarketView
4 34 (0.34%) Markit EDM
5 32 (0.32%) RMDS
6 22 (0.22%) SAP FI/CO
6 22 (0.22%) SAP CO
7 18 (0.18%) Temenos T24
8 17 (0.17%) Oracle BPM
9 15 (0.15%) IntelliMatch
9 15 (0.15%) SAP Oil and Gas
10 14 (0.14%) Oracle EBS
11 13 (0.13%) Oracle Cash Management
11 13 (0.13%) Loan IQ
12 12 (0.12%) Google Analytics
12 12 (0.12%) Remedy ITSM
13 11 (0.11%) SAP BPC
13 11 (0.11%) SunGard GMI
Cloud Services
1 31 (0.31%) SaaS
2 30 (0.30%) Cloud Computing
3 12 (0.12%) IBM Blueworks
4 11 (0.11%) Microsoft Azure
5 10 (0.100%) Force.com
6 9 (0.090%) IaaS
6 9 (0.090%) Office 365
7 7 (0.070%) GitHub
8 5 (0.050%) Amazon AWS
9 3 (0.030%) IBM SmartCloud
10 2 (0.020%) Taleo
10 2 (0.020%) Amazon EC2
10 2 (0.020%) Amazon S3
10 2 (0.020%) PaaS
11 1 (0.010%) Google Cloud Platform
11 1 (0.010%) SoftLayer
11 1 (0.010%) Basecamp
11 1 (0.010%) Amazon EMR
11 1 (0.010%) Google Apps
11 1 (0.010%) SuccessFactors
Communications & Networking
1 224 (2.24%) Firewall
2 167 (1.67%) TCP/IP
3 137 (1.37%) Internet
4 131 (1.31%) LAN
5 130 (1.30%) SAN
6 128 (1.28%) DNS
7 126 (1.26%) WAN
8 83 (0.83%) BGP
9 71 (0.71%) OSPF
10 63 (0.63%) Multicast
11 62 (0.62%) Intranet
12 61 (0.61%) Network Security
13 60 (0.60%) VPN
14 55 (0.55%) EIGRP
15 47 (0.47%) Cisco Nexus
16 45 (0.45%) NAS
16 45 (0.45%) MPLS
17 43 (0.43%) HTTP
18 41 (0.41%) LDAP
19 38 (0.38%) FTP
Database & Business Intelligence
1 736 (7.35%) SQL Server
2 437 (4.36%) Data Warehouse
3 347 (3.46%) Relational Database
4 236 (2.36%) Oracle Database
5 211 (2.11%) SQL Server Integration Services
6 178 (1.78%) Big Data
7 171 (1.71%) SQL Server Reporting Services
8 157 (1.57%) RDBMS
9 154 (1.54%) SQL Server 2008
10 150 (1.50%) QlikView
11 124 (1.24%) DB2
12 110 (1.10%) Hadoop
13 93 (0.93%) Oracle Database 11g
14 77 (0.77%) MongoDB
15 76 (0.76%) SQL Server Analysis Services
16 69 (0.69%) NoSQL
17 67 (0.67%) MS Access
18 65 (0.65%) Data Mining
19 58 (0.58%) OLAP
20 47 (0.47%) Oracle Database 10g
Development Applications
1 173 (1.73%) JIRA
2 149 (1.49%) Maven
3 130 (1.30%) Subversion
4 99 (0.99%) TeamCity
5 92 (0.92%) JUnit
6 89 (0.89%) Git (software)
7 76 (0.76%) Visual Studio
8 72 (0.72%) Selenium
9 68 (0.68%) Ant
10 65 (0.65%) CruiseControl
11 52 (0.52%) Team Foundation Server
12 50 (0.50%) Jenkins
13 49 (0.49%) NUnit
13 49 (0.49%) Eclipse
14 47 (0.47%) QuickTest Pro
15 41 (0.41%) Grunt
16 32 (0.32%) jMock
16 32 (0.32%) Cucumber
16 32 (0.32%) Hudson
17 29 (0.29%) Toad
General
1 5026 (50.16%) Finance
2 3150 (31.44%) Investment Banking
3 1250 (12.48%) Retail
4 972 (9.70%) Front Office
5 901 (8.99%) Retail Banking
6 280 (2.79%) Financial Institution
7 274 (2.73%) Back Office
8 249 (2.49%) Telecoms
9 212 (2.12%) Legal
10 116 (1.16%) Marketing
11 87 (0.87%) Corporate Banking
12 69 (0.69%) International Banking
13 68 (0.68%) Law
14 49 (0.49%) Advertising
15 48 (0.48%) Private Banking
16 44 (0.44%) Manufacturing
17 39 (0.39%) French Language
18 32 (0.32%) Spanish Language
19 30 (0.30%) General Ledger
20 25 (0.25%) Publishing
Job Titles
1 2746 (27.41%) Analyst
2 2362 (23.57%) Developer
3 1490 (14.87%) Business Analyst
4 1197 (11.95%) Project Manager
5 630 (6.29%) Java Developer
6 591 (5.90%) Architect
7 414 (4.13%) Banking Business Analyst
8 407 (4.06%) Consultant
9 273 (2.72%) C# Developer
10 250 (2.50%) Senior Developer
11 239 (2.39%) Data Analyst
12 238 (2.38%) Support Analyst
13 213 (2.13%) Senior Analyst
14 210 (2.10%) Programme Manager
15 197 (1.97%) Solutions Architect
16 192 (1.92%) Test Manager
17 188 (1.88%) Designer
18 185 (1.85%) Administrator
19 183 (1.83%) Senior Manager
20 182 (1.82%) Test Analyst
Libraries, Frameworks & Software Standards
1 628 (6.27%) .NET
2 544 (5.43%) HTML
3 403 (4.02%) XML
4 341 (3.40%) CSS
5 320 (3.19%) Spring
6 298 (2.97%) HTML5
7 239 (2.39%) Web Services
8 234 (2.34%) Middleware
9 214 (2.14%) jQuery
10 205 (2.05%) WPF
11 188 (1.88%) Hibernate
12 186 (1.86%) J2EE
13 161 (1.61%) WCF
13 161 (1.61%) FIX Protocol
14 147 (1.47%) AngularJS
15 142 (1.42%) ASP.NET
16 125 (1.25%) SOAP
16 125 (1.25%) JMS
17 109 (1.09%) JSP
17 109 (1.09%) REST
Miscellaneous
1 837 (8.35%) Analytical Skills
2 523 (5.22%) Derivative
3 512 (5.11%) Foreign Exchange (FX)
4 400 (3.99%) Fixed Income
5 342 (3.41%) Credit Risk
6 275 (2.74%) Equities
7 253 (2.52%) User Experience
8 229 (2.29%) Market Risk
9 196 (1.96%) Computer Science
10 173 (1.73%) Management Information System
11 166 (1.66%) Mainframe
12 158 (1.58%) Mobile Banking
13 128 (1.28%) Data Structures
14 127 (1.27%) Mobile App
15 113 (1.13%) Reference Data
16 111 (1.11%) SWIFT
17 109 (1.09%) Blackberry
18 101 (1.01%) Online Banking
19 100 (1.00%) Equity Derivative
20 96 (0.96%) Credit Derivative
Operating Systems
1 986 (9.84%) UNIX
2 953 (9.51%) Windows
3 811 (8.09%) Linux
4 212 (2.12%) Windows 7
5 192 (1.92%) Solaris
6 182 (1.82%) Red Hat Enterprise Linux
7 163 (1.63%) Windows Server 2008
8 111 (1.11%) Windows Server 2003
9 108 (1.08%) Windows XP
10 107 (1.07%) Apple iOS
11 95 (0.95%) Android
12 67 (0.67%) AIX
13 56 (0.56%) SUSE
14 49 (0.49%) Windows Server 2012
15 48 (0.48%) zOS
16 22 (0.22%) HPUX
17 19 (0.19%) Windows 2000
18 11 (0.11%) Windows 8
19 10 (0.100%) Windows 2000 Server
20 9 (0.090%) SUSE Linux Enterprise Server
Processes & Methodologies
1 1423 (14.20%) Agile Software Development
2 1262 (12.59%) Stakeholder Management
3 1106 (11.04%) Project Management
4 749 (7.48%) Business Analysis
5 558 (5.57%) Migration
6 459 (4.58%) User Acceptance Testing
7 438 (4.37%) Risk Management
8 437 (4.36%) OO
9 426 (4.25%) Change Management
10 417 (4.16%) Multithreading
11 416 (4.15%) TDD
12 413 (4.12%) Data Modelling
13 399 (3.98%) Business Intelligence
14 384 (3.83%) ITIL
15 367 (3.66%) PRINCE2
16 349 (3.48%) Analytics
17 345 (3.44%) Data Analysis
18 323 (3.22%) Scrum
19 303 (3.02%) ETL
20 287 (2.86%) Low Latency
Programming Languages
1 1917 (19.13%) SQL
2 1423 (14.20%) Java
3 731 (7.30%) C#
4 603 (6.02%) JavaScript
5 405 (4.04%) C++
6 314 (3.13%) VBA
7 305 (3.04%) Perl
8 303 (3.02%) Python
9 264 (2.63%) Shell Script
10 260 (2.59%) PL/SQL
11 159 (1.59%) PowerShell
12 140 (1.40%) T-SQL
13 129 (1.29%) C
14 85 (0.85%) VB
15 76 (0.76%) Scala
16 65 (0.65%) VBScript
17 56 (0.56%) Ruby
18 54 (0.54%) Korn
19 52 (0.52%) Bash Shell
20 38 (0.38%) VB.NET
Qualifications
1 564 (5.63%) Degree
2 153 (1.53%) ISEB
3 141 (1.41%) PMI Certification
4 134 (1.34%) Cisco Certification
5 102 (1.02%) CCNP
6 99 (0.99%) PMP
7 69 (0.69%) PRINCE2 Certification
8 65 (0.65%) CISSP
9 61 (0.61%) Microsoft Certification
10 56 (0.56%) CCNA
11 46 (0.46%) ISTQB
12 44 (0.44%) CISM
13 37 (0.37%) Security Cleared
14 35 (0.35%) ITIL Certification
15 34 (0.34%) CCIE
16 30 (0.30%) CISA
16 30 (0.30%) MCSE
17 26 (0.26%) PRINCE2 Practitioner
18 25 (0.25%) MBA
18 25 (0.25%) ISEB Practitioner
Quality Assurance & Compliance
1 307 (3.06%) QA
2 92 (0.92%) EMIR
3 88 (0.88%) Sarbanes-Oxley
4 82 (0.82%) Data Quality
5 77 (0.77%) Dodd-Frank
6 67 (0.67%) Basel III
7 55 (0.55%) FATCA
8 52 (0.52%) SLA
9 47 (0.47%) ISO 9001
10 37 (0.37%) ISO/IEC 27001
11 35 (0.35%) MiFID
12 34 (0.34%) PCI DSS
13 32 (0.32%) Basel II
14 31 (0.31%) COBIT
15 23 (0.23%) Solvency II
15 23 (0.23%) COREP
16 22 (0.22%) FINREP
17 13 (0.13%) CRD IV
18 8 (0.080%) GAAP
19 4 (0.040%) ISO 9000
System Software
1 255 (2.54%) Active Directory
2 109 (1.09%) VMware Infrastructure
3 49 (0.49%) XenApp
4 45 (0.45%) Oracle RAC
5 42 (0.42%) Oracle RMAN
5 42 (0.42%) ACF2
6 40 (0.40%) RACF
7 36 (0.36%) Veritas Cluster Server
8 35 (0.35%) VMware ESX
9 34 (0.34%) vSphere
9 34 (0.34%) HDFS
10 32 (0.32%) NFS
11 27 (0.27%) Veritas Volume Manager
12 25 (0.25%) Microsoft App-V
13 24 (0.24%) Apache Flume
14 23 (0.23%) XenDesktop
15 20 (0.20%) Apache ZooKeeper
16 19 (0.19%) VMware ESXi
17 18 (0.18%) XenServer
18 16 (0.16%) ProxySG
Systems Management
1 181 (1.81%) HP Quality Center
2 117 (1.17%) Control-M
3 78 (0.78%) SCCM
4 67 (0.67%) Tivoli
5 47 (0.47%) ITRS Geneos
6 42 (0.42%) Puppet
7 31 (0.31%) SCOM
8 29 (0.29%) Data Guard
9 27 (0.27%) NetBackup
10 26 (0.26%) BladeLogic
11 25 (0.25%) Tivoli Storage Manager
12 23 (0.23%) BMC PATROL
13 22 (0.22%) Oozie
14 21 (0.21%) Opscode Chef
15 20 (0.20%) Ambari
16 18 (0.18%) Cisco CUCM
17 11 (0.11%) HP SIM
17 11 (0.11%) Oracle Enterprise Manager
18 10 (0.100%) Symantec Enterprise Vault
18 10 (0.100%) Vagrant
Vendors
1 1200 (11.98%) Oracle
2 803 (8.01%) Microsoft
3 308 (3.07%) Sybase
4 288 (2.87%) IBM
5 269 (2.68%) Cisco
6 216 (2.16%) Citrix
7 211 (2.11%) Red Hat
8 209 (2.09%) VMware
9 205 (2.05%) HP
10 175 (1.75%) SAP
11 144 (1.44%) Business Objects
12 139 (1.39%) Informatica
13 137 (1.37%) TIBCO
14 123 (1.23%) Adobe
15 119 (1.19%) Cognos
16 112 (1.12%) CheckPoint
17 100 (1.00%) F5
18 99 (0.99%) Bloomberg
19 94 (0.94%) Juniper
20 87 (0.87%) EMC
Dorset
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Rate: £370.00 - £400.00 per day
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London
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Edinburgh, Midlothian
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Lorien Resourcing
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