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 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Banking
Rank 11 14 6
Rank change year-on-year
+3 -8
Contract jobs citing Banking 5076 5071 5698
As % of all contract IT jobs located in the UK 9.11% 9.18% 11.75%
As % of the General category 23.55% 23.63% 27.49%
Number of daily rates quoted 3456 3668 4127
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £320 £300 £325
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £425 £400 £378
% change year-on-year
+6.25% +5.89%
Number of hourly rates quoted 16 30 19
Average hourly rate £13.48 £17.50 £20.50
Average hourly rate % change year-on-year
-22.97% -14.63%
90% offered a hourly rate of more than £10.44 £9.94 £14.90
10% offered a hourly rate of more than £70.22 £31.75 £52.20
UK excluding London average hourly rate £10.44 £11.72 £19.00
% change year-on-year
-10.92% -38.31%

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
21554 21459 20727
As % of all contract IT jobs located in the UK 38.68% 38.86% 42.74%
Number of daily rates quoted 13291 13331 12429
Average daily rate £430 £425 £450
Average daily rate % change year-on-year
+1.17% -5.55%
90% offered a daily rate of more than £275 £263 £275
10% offered a daily rate of more than £600 £623 £600
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 531 580 638
Average hourly rate £22.35 £23.00 £25.00
Average hourly rate % change year-on-year
-2.82% -8.00%
90% offered a hourly rate of more than £10.61 £11.50 £11.50
10% offered a hourly rate of more than £43.49 £45.80 £42.50
UK excluding London average hourly rate £24.00 £25.00 £26.50
% change year-on-year
-4.00% -5.66%

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 24 April 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 24 April 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 24 April 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 -2 4316 £477 -1.59% 1093
London 0 3263 £500 - 733
City of London 0 1077 £500 - 288
Scotland +4 671 £400 -1.23% 97
Edinburgh +1 466 £400 -4.76% 64
North West +5 298 £425 +3.03% 48
South East +1 216 £425 +6.25% 94
South West -5 168 £440 +4.45% 67
Manchester +12 159 £450 +6.13% 16
Yorkshire -20 138 £400 +6.66% 47
Glasgow +6 129 £425 +21.42% 23
Cheshire +1 118 £425 +12.58% 22
East Midlands -1 109 £425 -2.85% 34
West Yorkshire -16 102 £400 +6.66% 40
Buckinghamshire +3 96 £344 +7.42% 11
Northamptonshire -1 80 £425 -15.00% 12
Wiltshire -2 79 £465 +7.82% 18
Swindon 0 74 £467 +10.33% 16
West Midlands -3 73 £425 -5.55% 31
Northampton +1 69 £431 -13.75% 5
Milton Keynes -10 60 £325 +1.56% 5
Bristol +7 58 £413 +3.18% 32
Birmingham +9 56 £395 -12.22% 16
Stirling +2 51 £405 +8.00%
Halifax 0 48 £349 -8.15% 13
East of England +18 41 £513 +28.12% 27
Canary Wharf +6 40 £525 -4.54%
Leeds -12 40 £432 +23.28% 23
South Yorkshire 0 33 £450 +13.78% 5
Chester +20 31 £395 +12.85% 7

Banking
Top 30 Related IT Skills

For the 6 months to 24 April 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 5307 (54.36%) Finance
2 2875 (29.45%) Investment Banking
3 1878 (19.24%) SQL
4 1455 (14.90%) Agile Software Development
5 1352 (13.85%) Stakeholder Management
6 1301 (13.33%) Java
7 1276 (13.07%) Retail
8 1182 (12.11%) Project Management
9 1065 (10.91%) Oracle
10 888 (9.10%) UNIX
11 862 (8.83%) Retail Banking
12 841 (8.61%) Front Office
13 782 (8.01%) Analytical Skills
14 756 (7.74%) Business Analysis
15 717 (7.34%) C#
16 712 (7.29%) SQL Server
17 690 (7.07%) Windows
18 679 (6.95%) Microsoft
19 668 (6.84%) Linux
20 645 (6.61%) JavaScript
21 634 (6.49%) .NET
22 618 (6.33%) MS Excel
23 591 (6.05%) HTML
24 554 (5.67%) Degree
25 553 (5.66%) Derivative
26 530 (5.43%) Migration
27 499 (5.11%) Data Warehouse
28 491 (5.03%) Data Modelling
29 447 (4.58%) MS Office
30 418 (4.28%) User Acceptance Testing

Banking
Top Related IT Skills by Category

For the 6 months to 24 April 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
1 218 (2.23%) SAS
2 203 (2.08%) SharePoint
3 186 (1.91%) WebSphere
4 78 (0.80%) WebLogic
5 68 (0.70%) Tomcat
6 57 (0.58%) Apache
7 56 (0.57%) IIS
8 55 (0.56%) MS Exchange
9 49 (0.50%) Confluence
10 47 (0.48%) JBoss
11 44 (0.45%) Apache Spark
12 39 (0.40%) WebSphere Application Server
13 38 (0.39%) CMS
13 38 (0.39%) Blackberry Enterprise Server
14 37 (0.38%) IBM Notes
14 37 (0.38%) Lync
15 36 (0.37%) Node.js
15 36 (0.37%) FileNet
15 36 (0.37%) MQSeries
16 33 (0.34%) CICS
Applications
1 618 (6.33%) MS Excel
2 447 (4.58%) MS Office
3 277 (2.84%) MS PowerPoint
4 239 (2.45%) MS Project
5 209 (2.14%) MS Visio
6 52 (0.53%) Photoshop
7 38 (0.39%) Adobe Illustrator
8 28 (0.29%) Spreadsheet
9 21 (0.22%) Adobe Creative Suite
10 10 (0.10%) SPSS
10 10 (0.10%) OmniGraffle
11 9 (0.092%) Adobe Captivate
11 9 (0.092%) Acrobat
12 7 (0.072%) Open Workbench
13 5 (0.051%) InDesign
14 3 (0.031%) Fireworks
15 2 (0.020%) PowerPivot
15 2 (0.020%) InfoPath
16 1 (0.010%) Casewise Modeler
Business Applications
1 45 (0.46%) Dynamics CRM
2 37 (0.38%) Markit EDM
3 30 (0.31%) SAP CO
3 30 (0.31%) SAP FI/CO
3 30 (0.31%) SAP FI
4 21 (0.22%) ION MarketView
5 19 (0.19%) RMDS
6 18 (0.18%) Oracle General Ledger
7 16 (0.16%) Oracle EBS
7 16 (0.16%) Summit
7 16 (0.16%) Oracle BPM
7 16 (0.16%) Temenos T24
7 16 (0.16%) thinkFolio
8 15 (0.15%) Cognos TM1
9 14 (0.14%) IntelliMatch
10 11 (0.11%) Loan IQ
10 11 (0.11%) Eikon
11 10 (0.10%) Oracle Cash Management
12 9 (0.092%) Remedy ITSM
12 9 (0.092%) SAP HR
Cloud Services
1 38 (0.39%) SaaS
2 26 (0.27%) Amazon AWS
3 20 (0.20%) Adobe Analytics
4 18 (0.18%) Google Analytics
5 11 (0.11%) IBM Blueworks
6 10 (0.10%) IaaS
7 9 (0.092%) Cloud Computing
7 9 (0.092%) PaaS
7 9 (0.092%) Microsoft Azure
7 9 (0.092%) GitHub
8 8 (0.082%) Amazon EMR
9 7 (0.072%) Amazon Kinesis
9 7 (0.072%) Office 365
10 6 (0.061%) Amazon S3
11 4 (0.041%) Virtual Private Cloud
11 4 (0.041%) Amazon EC2
12 3 (0.031%) Silverpop
13 2 (0.020%) Force.com
14 1 (0.010%) FinancialForce.com
14 1 (0.010%) Google Checkout
Communications & Networking
1 197 (2.02%) Firewall
2 156 (1.60%) Internet
3 127 (1.30%) TCP/IP
4 116 (1.19%) SAN
5 99 (1.01%) LAN
6 93 (0.95%) DNS
7 79 (0.81%) WAN
8 70 (0.72%) Multicast
9 66 (0.68%) BGP
10 57 (0.58%) NAS
10 57 (0.58%) Network Security
11 54 (0.55%) VPN
12 50 (0.51%) HTTP
13 49 (0.50%) Intranet
14 46 (0.47%) MPLS
14 46 (0.47%) OSPF
14 46 (0.47%) EIGRP
15 42 (0.43%) ATM
16 41 (0.42%) Cisco Nexus
17 35 (0.36%) FTP
Database & Business Intelligence
1 712 (7.29%) SQL Server
2 499 (5.11%) Data Warehouse
3 332 (3.40%) Relational Database
4 226 (2.31%) SQL Server Integration Services
5 204 (2.09%) Oracle Database
6 179 (1.83%) Big Data
7 171 (1.75%) SQL Server Reporting Services
8 154 (1.58%) RDBMS
9 148 (1.52%) Hadoop
9 148 (1.52%) SQL Server 2008
10 132 (1.35%) QlikView
11 128 (1.31%) DB2
12 90 (0.92%) Oracle Database 11g
12 90 (0.92%) MS Access
13 79 (0.81%) Data Mining
14 68 (0.70%) SQL Server Analysis Services
15 67 (0.69%) SQL Server 2005
16 61 (0.62%) SQL Server 2012
16 61 (0.62%) NoSQL
17 50 (0.51%) Apache Hive
Development Applications
1 203 (2.08%) JIRA
2 119 (1.22%) Subversion
3 117 (1.20%) Maven
4 101 (1.03%) TeamCity
5 81 (0.83%) Git (software)
6 73 (0.75%) Selenium
7 67 (0.69%) Visual Studio
8 65 (0.67%) Jenkins
9 57 (0.58%) NUnit
10 50 (0.51%) JUnit
11 46 (0.47%) Grunt
12 44 (0.45%) QuickTest Pro
12 44 (0.45%) Team Foundation Server
13 39 (0.40%) jMock
13 39 (0.40%) Ant
14 38 (0.39%) Eclipse
15 37 (0.38%) ERwin
16 34 (0.35%) CruiseControl
17 31 (0.32%) WebDriver
18 30 (0.31%) Cucumber
General
1 5307 (54.36%) Finance
2 2875 (29.45%) Investment Banking
3 1276 (13.07%) Retail
4 862 (8.83%) Retail Banking
5 841 (8.61%) Front Office
6 306 (3.13%) Telecoms
7 260 (2.66%) Back Office
8 233 (2.39%) Legal
9 232 (2.38%) Financial Institution
10 107 (1.10%) Marketing
11 97 (0.99%) Corporate Banking
12 88 (0.90%) Law
13 61 (0.62%) General Ledger
14 53 (0.54%) Private Banking
15 45 (0.46%) Advertising
16 43 (0.44%) International Banking
17 34 (0.35%) Billing
18 29 (0.30%) Manufacturing
19 24 (0.25%) Wholesale Banking
20 22 (0.23%) Publishing
Job Titles
1 2896 (29.66%) Analyst
2 2209 (22.63%) Developer
3 1595 (16.34%) Business Analyst
4 1251 (12.81%) Project Manager
5 597 (6.11%) Architect
6 572 (5.86%) Java Developer
7 413 (4.23%) Banking Business Analyst
8 324 (3.32%) Consultant
9 291 (2.98%) Senior Developer
10 271 (2.78%) Data Analyst
11 269 (2.76%) C# Developer
12 256 (2.62%) Senior Analyst
13 243 (2.49%) Test Manager
14 226 (2.31%) Solutions Architect
15 223 (2.28%) Test Analyst
16 191 (1.96%) SQL Developer
16 191 (1.96%) Senior Manager
17 187 (1.92%) Support Analyst
18 175 (1.79%) Programme Manager
19 162 (1.66%) Designer
Libraries, Frameworks & Software Standards
1 634 (6.49%) .NET
2 591 (6.05%) HTML
3 372 (3.81%) XML
4 362 (3.71%) HTML5
5 316 (3.24%) CSS
6 266 (2.72%) Spring
7 230 (2.36%) Web Services
7 230 (2.36%) AngularJS
8 185 (1.89%) jQuery
9 181 (1.85%) WPF
10 166 (1.70%) Hibernate
11 157 (1.61%) J2EE
12 156 (1.60%) Middleware
13 147 (1.51%) FIX Protocol
14 146 (1.50%) ASP.NET
15 137 (1.40%) JMS
16 124 (1.27%) WCF
17 118 (1.21%) RESTful
18 117 (1.20%) SOAP
19 110 (1.13%) .NET Framework
Miscellaneous
1 782 (8.01%) Analytical Skills
2 553 (5.66%) Derivative
3 413 (4.23%) Foreign Exchange (FX)
4 385 (3.94%) Fixed Income
5 295 (3.02%) Equities
6 276 (2.83%) Credit Risk
7 250 (2.56%) User Experience
8 188 (1.93%) Computer Science
9 183 (1.87%) Market Risk
10 170 (1.74%) Equity Derivative
11 143 (1.46%) Management Information System
12 125 (1.28%) Mainframe
12 125 (1.28%) Mobile Banking
13 108 (1.11%) SWIFT
14 107 (1.10%) Reference Data
15 94 (0.96%) Mobile App
15 94 (0.96%) Online Banking
16 92 (0.94%) Mathematics
17 88 (0.90%) Blackberry
18 77 (0.79%) Visualisation
Operating Systems
1 888 (9.10%) UNIX
2 690 (7.07%) Windows
3 668 (6.84%) Linux
4 149 (1.53%) Solaris
5 128 (1.31%) Windows 7
6 126 (1.29%) Windows Server 2008
7 116 (1.19%) Red Hat Enterprise Linux
8 104 (1.07%) Apple iOS
9 94 (0.96%) Windows Server 2003
10 89 (0.91%) Windows XP
11 80 (0.82%) Android
12 61 (0.62%) AIX
13 60 (0.61%) Windows Server 2012
14 35 (0.36%) SUSE
15 34 (0.35%) zOS
16 14 (0.14%) Windows Vista
17 13 (0.13%) Windows 8
18 12 (0.12%) Windows 2000
18 12 (0.12%) HPUX
19 11 (0.11%) Windows 2000 Server
Processes & Methodologies
1 1455 (14.90%) Agile Software Development
2 1352 (13.85%) Stakeholder Management
3 1182 (12.11%) Project Management
4 756 (7.74%) Business Analysis
5 530 (5.43%) Migration
6 491 (5.03%) Data Modelling
7 418 (4.28%) User Acceptance Testing
8 410 (4.20%) Data Analysis
9 406 (4.16%) OO
10 389 (3.98%) Risk Management
11 388 (3.97%) TDD
12 382 (3.91%) Analytics
13 381 (3.90%) PRINCE2
14 374 (3.83%) Change Management
15 353 (3.62%) Business Intelligence
16 350 (3.58%) ITIL
17 336 (3.44%) ETL
18 309 (3.17%) Scrum
19 293 (3.00%) Multithreading
20 234 (2.40%) Workflow
Programming Languages
1 1878 (19.24%) SQL
2 1301 (13.33%) Java
3 717 (7.34%) C#
4 645 (6.61%) JavaScript
5 362 (3.71%) C++
6 337 (3.45%) Python
7 290 (2.97%) VBA
8 265 (2.71%) Perl
9 213 (2.18%) PL/SQL
10 190 (1.95%) Shell Script
11 142 (1.45%) T-SQL
12 121 (1.24%) C
13 78 (0.80%) Scala
14 77 (0.79%) VB
15 72 (0.74%) PowerShell
16 62 (0.64%) VB.NET
17 53 (0.54%) Bash Shell
18 47 (0.48%) Korn
19 44 (0.45%) Objective-C
20 42 (0.43%) VBScript
Qualifications
1 554 (5.67%) Degree
2 174 (1.78%) ISEB
3 132 (1.35%) PMI Certification
4 108 (1.11%) PMP
4 108 (1.11%) Cisco Certification
5 97 (0.99%) ISTQB
6 87 (0.89%) PRINCE2 Certification
7 78 (0.80%) CCNP
8 50 (0.51%) CISSP
9 47 (0.48%) CCNA
10 46 (0.47%) ITIL Certification
11 43 (0.44%) ISTQB Foundation Certification
12 40 (0.41%) Microsoft Certification
13 36 (0.37%) CCIE
14 32 (0.33%) Security Cleared
15 27 (0.28%) CISA
16 25 (0.26%) MCSE
17 22 (0.23%) CISM
18 21 (0.22%) SC Cleared
19 18 (0.18%) ISEB Practitioner
Quality Assurance & Compliance
1 314 (3.22%) QA
2 101 (1.03%) EMIR
3 96 (0.98%) Data Quality
4 94 (0.96%) FATCA
5 78 (0.80%) Dodd-Frank
6 59 (0.60%) SLA
7 58 (0.59%) Basel III
8 52 (0.53%) Sarbanes-Oxley
9 39 (0.40%) Basel II
10 36 (0.37%) MiFID
11 31 (0.32%) PCI DSS
12 28 (0.29%) ISO/IEC 27001
13 25 (0.26%) Solvency II
14 23 (0.24%) COREP
15 22 (0.23%) COBIT
16 19 (0.19%) ISO 9001
17 15 (0.15%) FINREP
18 14 (0.14%) CRD IV
19 8 (0.082%) ISO 9000
20 4 (0.041%) AIFMD
System Software
1 185 (1.89%) Active Directory
2 117 (1.20%) VMware Infrastructure
3 44 (0.45%) Oracle RAC
4 33 (0.34%) vSphere
5 30 (0.31%) XenApp
6 27 (0.28%) HDFS
7 25 (0.26%) NFS
8 24 (0.25%) Veritas Cluster Server
9 22 (0.23%) XenDesktop
10 20 (0.20%) Microsoft App-V
11 18 (0.18%) Veritas Volume Manager
12 17 (0.17%) VMware ESX
13 16 (0.16%) KVM
13 16 (0.16%) Hyper-V
14 15 (0.15%) Docker
15 13 (0.13%) VMware ESXi
15 13 (0.13%) ACF2
16 11 (0.11%) Xen
17 10 (0.10%) Apache Flume
17 10 (0.10%) RACF
Systems Management
1 162 (1.66%) HP Quality Center
2 70 (0.72%) Control-M
3 48 (0.49%) SCCM
4 33 (0.34%) Tivoli
5 31 (0.32%) ITRS Geneos
6 29 (0.30%) Opscode Chef
7 28 (0.29%) Puppet
8 24 (0.25%) NetBackup
8 24 (0.25%) Data Guard
9 19 (0.19%) SCOM
10 18 (0.18%) Vagrant
11 17 (0.17%) Oracle RMAN
12 16 (0.16%) Hadoop YARN
13 15 (0.15%) CA Single Sign-On
14 13 (0.13%) Tivoli Storage Manager
15 9 (0.092%) BladeLogic
15 9 (0.092%) Norton AntiVirus
15 9 (0.092%) Oozie
16 8 (0.082%) Cisco Prime
17 7 (0.072%) HP Operations Orchestration
Vendors
1 1065 (10.91%) Oracle
2 679 (6.95%) Microsoft
3 328 (3.36%) IBM
4 268 (2.75%) Sybase
5 216 (2.21%) Cisco
6 185 (1.89%) VMware
7 160 (1.64%) HP
8 158 (1.62%) SAP
9 141 (1.44%) Informatica
10 138 (1.41%) Citrix
11 128 (1.31%) TIBCO
12 117 (1.20%) Red Hat
13 99 (1.01%) Business Objects
14 94 (0.96%) Cognos
15 90 (0.92%) Teradata
16 82 (0.84%) Adobe
16 82 (0.84%) F5
17 80 (0.82%) Bloomberg
18 76 (0.78%) CheckPoint
19 72 (0.74%) Juniper
London
Hays Finance Technology
Rate: £600.00 - £900.00 per day
Posted: 11 hours ago
London
Hays Finance Technology
Rate: £450.00 - £650.00 per day
Posted: 11 hours ago
London
Hays Finance Technology
Rate: £500.00 - £750.00 per day
Posted: 11 hours ago
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 14 hours ago
West Midlands
Big Red Recruitment
Rate: £400 - £450 per day
Posted: 15 hours ago
City, London
TEKsystems
Rate: £450 - £525 per annum
Posted: 15 hours ago
London
Initi8 Recruitment
Posted: 15 hours ago
City, London
Hays Finance Technology
Rate: £400.00 - £450.00 per day
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £550 - £600 per day + depending on experience
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £500 - £575 per day + depending on experience
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £600 - £650 per day + depending on experience
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £550 - £600 per day + depending on experience
Posted: 15 hours ago
London
Opus Recruitment Solutions Ltd
Rate: £650 - £700 per day
Posted: 16 hours ago
City, London
Randstad Technologies
Rate: £400 - £500 per day
Posted: 16 hours ago
City, London
Lorien Resourcing
Posted: 17 hours ago
Surrey
The People Network
Rate: £500 - £600 per day + Immediate start
Posted: 17 hours ago
City, London
Deerfoot IT Resources Ltd
Rate: £450 - £480 per day + 6 mo
Posted: 17 hours ago
London
Lorien Resourcing
Posted: 17 hours ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 17 hours ago
Edinburgh, Midlothian
Lorien Resourcing
Posted: 17 hours ago