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 27 August 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
27 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 9 13 7
Rank change year-on-year
+4 -6
Contract jobs citing Banking 5797 4834 6764
As % of all contract IT jobs located in the UK 10.09% 8.58% 12.67%
As % of the General category 25.09% 22.24% 29.69%
Number of daily rates quoted 3984 3356 4784
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £475 £475
90% offered a daily rate of more than £325 £300 £315
10% offered a daily rate of more than £625 £625 £638
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 24 19 51
Average hourly rate £21.50 £19.00 £22.00
Average hourly rate % change year-on-year
+13.15% -13.63%
90% offered a hourly rate of more than £11.13 £10.10 £12.50
10% offered a hourly rate of more than £100.00 £30.00 £40.00
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%

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
23102 21731 22784
As % of all contract IT jobs located in the UK 40.19% 38.58% 42.68%
Number of daily rates quoted 14689 13317 14073
Average daily rate £435 £426 £450
Average daily rate % change year-on-year
+2.11% -5.33%
90% offered a daily rate of more than £275 £270 £275
10% offered a daily rate of more than £620 £600 £625
UK excluding London average daily rate £400 £388 £383
% change year-on-year
+3.22% +1.30%
Number of hourly rates quoted 636 533 600
Average hourly rate £22.83 £21.50 £22.00
Average hourly rate % change year-on-year
+6.18% -2.27%
90% offered a hourly rate of more than £11.50 £11.00 £11.78
10% offered a hourly rate of more than £48.45 £42.00 £44.97
UK excluding London average hourly rate £25.00 £22.50 £21.82
% change year-on-year
+11.11% +3.14%

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 27 August 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 27 August 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 27 August 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 +3 4884 £475 - 1117
London +1 3616 £525 +5.00% 796
City of London +1 1095 £525 +5.00% 227
Scotland +2 799 £400 - 112
Edinburgh +2 635 £400 -8.57% 84
North West +8 330 £425 +6.25% 80
South East +31 279 £425 +6.25% 72
Yorkshire +1 206 £374 -5.91% 37
South West +5 186 £400 -4.19% 63
Manchester +8 160 £425 +3.03% 45
West Yorkshire -4 150 £356 -10.10% 31
Glasgow +3 133 £378 +0.66% 25
Cheshire +5 130 £425 +3.72% 31
Buckinghamshire +9 115 £330 -11.40% 1
East Midlands 0 100 £425 - 11
Bristol +7 86 £378 +4.93% 25
Milton Keynes +8 83 £375 - 1
West Midlands +18 80 £425 +41.66% 23
Halifax +1 80 £356 -10.55% 15
Leeds +7 71 £374 -0.26% 9
Northamptonshire -3 64 £450 +5.88% 6
Northampton +1 59 £450 +5.88% 3
Knutsford 0 53 £400 -5.88% 6
East of England -8 51 £475 +15.15% 25
East Sussex +16 46 £475 +19.94% 2
Wiltshire -13 46 £438 -2.77% 16
Swindon -9 43 £451 -0.93% 13
Birmingham -4 41 £375 +25.00% 13
Wales -18 40 £315 -16.00% 1
Docklands, London -1 39 £558 +1.36% 5

Banking
Top 30 Related IT Skills

For the 6 months to 27 August 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 6410 (58.19%) Finance
2 3101 (28.15%) Investment Banking
3 1985 (18.02%) SQL
4 1670 (15.16%) Agile Software Development
5 1657 (15.04%) Stakeholder Management
6 1523 (13.83%) Retail
7 1322 (12.00%) Java
8 1310 (11.89%) Project Management
9 1125 (10.21%) Oracle
10 1023 (9.29%) Retail Banking
11 912 (8.28%) Analytical Skills
12 895 (8.13%) Front Office
13 883 (8.02%) C#
14 860 (7.81%) Business Analysis
15 845 (7.67%) UNIX
16 817 (7.42%) SQL Server
17 750 (6.81%) .NET
18 748 (6.79%) Linux
19 744 (6.75%) Windows
20 727 (6.60%) Microsoft
21 693 (6.29%) MS Excel
21 693 (6.29%) Migration
22 625 (5.67%) JavaScript
23 594 (5.39%) HTML
24 593 (5.38%) User Acceptance Testing
25 590 (5.36%) Derivative
26 526 (4.78%) SDLC
27 520 (4.72%) Data Warehouse
28 518 (4.70%) Risk Management
29 494 (4.48%) Degree

Banking
Top Related IT Skills by Category

For the 6 months to 27 August 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
1 255 (2.32%) SharePoint
1 255 (2.32%) SAS
2 166 (1.51%) WebSphere
3 98 (0.89%) Oracle Coherence
4 83 (0.75%) Apache Spark
5 82 (0.74%) IIS
6 74 (0.67%) Tomcat
7 72 (0.65%) Apache
8 53 (0.48%) Node.js
9 52 (0.47%) WebLogic
9 52 (0.47%) MS Exchange
10 49 (0.44%) JBoss
11 46 (0.42%) Lync
12 42 (0.38%) MQSeries
13 33 (0.30%) CMS
14 32 (0.29%) Blackberry Enterprise Server
14 32 (0.29%) WebSphere Application Server
15 31 (0.28%) Confluence
16 28 (0.25%) Oracle Workflow
17 24 (0.22%) FileNet
Applications
1 693 (6.29%) MS Excel
2 433 (3.93%) MS Office
3 287 (2.61%) MS PowerPoint
4 238 (2.16%) MS Visio
5 235 (2.13%) MS Project
6 61 (0.55%) Spreadsheet
7 30 (0.27%) Photoshop
8 16 (0.15%) Adobe Illustrator
9 13 (0.12%) Open Workbench
10 12 (0.11%) Adobe Creative Suite
11 9 (0.082%) Adobe Captivate
12 6 (0.054%) OmniGraffle
13 4 (0.036%) SPSS
13 4 (0.036%) Acrobat
14 2 (0.018%) RoboHelp
14 2 (0.018%) Mathematica
14 2 (0.018%) LaTeX
14 2 (0.018%) Maple
15 1 (0.009%) Fireworks
15 1 (0.009%) GIMP
Business Applications
1 62 (0.56%) Dynamics CRM
2 34 (0.31%) Oracle General Ledger
3 33 (0.30%) Summit
4 29 (0.26%) Markit EDM
5 25 (0.23%) Oracle EBS
6 23 (0.21%) Oracle BPM
7 19 (0.17%) SAP FI
8 15 (0.14%) Oracle Financials
8 15 (0.14%) SAP CO
8 15 (0.14%) SAP FI/CO
8 15 (0.14%) Loan IQ
9 14 (0.13%) RMDS
10 13 (0.12%) Remedy ITSM
10 13 (0.12%) ACBS
11 11 (0.100%) ION MarketView
11 11 (0.100%) Temenos T24
12 10 (0.091%) Hyperion Planning
13 9 (0.082%) Eagle PACE
13 9 (0.082%) Oracle Payables
14 8 (0.073%) Eikon
Cloud Services
1 38 (0.34%) Amazon AWS
2 37 (0.34%) SaaS
3 32 (0.29%) Microsoft Azure
4 29 (0.26%) PaaS
5 21 (0.19%) Office 365
6 13 (0.12%) IaaS
6 13 (0.12%) Adobe Analytics
6 13 (0.12%) Cloud Computing
7 9 (0.082%) IBM Blueworks
8 7 (0.064%) Amazon Kinesis
8 7 (0.064%) Amazon EMR
8 7 (0.064%) Azure Active Directory
9 5 (0.045%) Taleo
9 5 (0.045%) Google Analytics
10 4 (0.036%) SuccessFactors
11 2 (0.018%) Google Checkout
11 2 (0.018%) Force.com
11 2 (0.018%) Amazon S3
12 1 (0.009%) Amazon EC2
12 1 (0.009%) Mimecast
Communications & Networking
1 181 (1.64%) Firewall
2 168 (1.53%) Internet
3 144 (1.31%) TCP/IP
4 129 (1.17%) SAN
5 104 (0.94%) DNS
6 87 (0.79%) LAN
7 74 (0.67%) WAN
8 62 (0.56%) Network Security
9 57 (0.52%) NAS
10 56 (0.51%) LDAP
11 53 (0.48%) VPN
11 53 (0.48%) BGP
12 51 (0.46%) Multicast
13 49 (0.44%) DHCP
14 47 (0.43%) Intranet
14 47 (0.43%) OSPF
15 46 (0.42%) HTTP
16 41 (0.37%) MPLS
16 41 (0.37%) SSL
17 39 (0.35%) ATM
Database & Business Intelligence
1 817 (7.42%) SQL Server
2 520 (4.72%) Data Warehouse
3 329 (2.99%) Relational Database
4 248 (2.25%) Oracle Database
5 243 (2.21%) SQL Server Integration Services
6 220 (2.00%) Big Data
7 195 (1.77%) Hadoop
8 171 (1.55%) BusinessObjects
9 158 (1.43%) SQL Server Reporting Services
10 156 (1.42%) SQL Server 2008
11 132 (1.20%) QlikView
12 128 (1.16%) RDBMS
13 124 (1.13%) DB2
14 97 (0.88%) Oracle Database 11g
15 94 (0.85%) MS Access
16 90 (0.82%) SQL Server Analysis Services
17 89 (0.81%) NoSQL
18 74 (0.67%) Data Mining
18 74 (0.67%) SQL Server 2012
19 70 (0.64%) SQL Server 2005
Development Applications
1 208 (1.89%) JIRA
2 158 (1.43%) Subversion
3 156 (1.42%) Maven
4 153 (1.39%) Git (software)
5 104 (0.94%) TeamCity
6 98 (0.89%) Jenkins
7 88 (0.80%) Selenium
8 77 (0.70%) JUnit
9 69 (0.63%) Visual Studio
10 57 (0.52%) Team Foundation Server
11 50 (0.45%) Ant
12 45 (0.41%) Cucumber
12 45 (0.41%) Grunt
13 36 (0.33%) ERwin
13 36 (0.33%) NUnit
14 35 (0.32%) HP UFT
15 34 (0.31%) jMock
16 30 (0.27%) SpecFlow
17 29 (0.26%) Toad
17 29 (0.26%) Eclipse
General
1 6410 (58.19%) Finance
2 3101 (28.15%) Investment Banking
3 1523 (13.83%) Retail
4 1023 (9.29%) Retail Banking
5 895 (8.13%) Front Office
6 283 (2.57%) Back Office
7 279 (2.53%) Legal
8 277 (2.51%) Telecoms
9 264 (2.40%) Financial Institution
10 136 (1.23%) Corporate Banking
11 116 (1.05%) Marketing
12 112 (1.02%) Law
13 70 (0.64%) General Ledger
14 68 (0.62%) Private Banking
15 64 (0.58%) Advertising
16 46 (0.42%) International Banking
17 39 (0.35%) Billing
18 34 (0.31%) Wholesale Banking
19 32 (0.29%) Manufacturing
20 31 (0.28%) Pharmaceutical
Job Titles
1 3268 (29.67%) Analyst
2 2331 (21.16%) Developer
3 1880 (17.07%) Business Analyst
4 1444 (13.11%) Project Manager
5 617 (5.60%) Banking Business Analyst
6 612 (5.56%) Architect
7 573 (5.20%) Java Developer
8 391 (3.55%) Consultant
9 332 (3.01%) Senior Analyst
10 328 (2.98%) C# Developer
11 315 (2.86%) Test Manager
12 314 (2.85%) Data Analyst
13 312 (2.83%) Senior Developer
14 290 (2.63%) Test Analyst
15 234 (2.12%) Solutions Architect
16 220 (2.00%) Senior Manager
17 217 (1.97%) Senior Business Analyst
18 210 (1.91%) SQL Developer
19 203 (1.84%) Programme Manager
20 191 (1.73%) .NET Developer
Libraries, Frameworks & Software Standards
1 750 (6.81%) .NET
2 594 (5.39%) HTML
3 391 (3.55%) XML
4 349 (3.17%) HTML5
5 295 (2.68%) CSS
6 294 (2.67%) Web Services
7 280 (2.54%) Spring
8 236 (2.14%) AngularJS
9 233 (2.12%) ASP.NET
10 206 (1.87%) Middleware
11 199 (1.81%) WPF
12 171 (1.55%) J2EE
13 161 (1.46%) WCF
14 153 (1.39%) Hibernate
15 148 (1.34%) FIX Protocol
16 146 (1.33%) jQuery
17 137 (1.24%) JMS
18 136 (1.23%) SOAP
19 134 (1.22%) RESTful
20 127 (1.15%) REST
Miscellaneous
1 912 (8.28%) Analytical Skills
2 590 (5.36%) Derivative
3 427 (3.88%) Foreign Exchange (FX)
4 367 (3.33%) Fixed Income
5 364 (3.30%) Credit Risk
6 314 (2.85%) Equities
7 286 (2.60%) Data Centre
8 231 (2.10%) Market Risk
9 224 (2.03%) User Experience
10 170 (1.54%) Equity Derivative
11 166 (1.51%) Management Information System
12 154 (1.40%) Computer Science
13 141 (1.28%) Reference Data
13 141 (1.28%) SWIFT
14 127 (1.15%) Mainframe
15 115 (1.04%) Online Banking
15 115 (1.04%) Mobile Banking
16 94 (0.85%) Visualisation
17 89 (0.81%) Mathematics
18 85 (0.77%) Data Integration
Operating Systems
1 845 (7.67%) UNIX
2 748 (6.79%) Linux
3 744 (6.75%) Windows
4 194 (1.76%) Solaris
5 115 (1.04%) Red Hat Enterprise Linux
6 109 (0.99%) Windows 7
7 93 (0.84%) Windows Server 2008
7 93 (0.84%) AIX
8 76 (0.69%) Apple iOS
9 65 (0.59%) Android
9 65 (0.59%) Windows Server 2003
10 59 (0.54%) Windows XP
11 34 (0.31%) Windows Server 2012
12 30 (0.27%) zOS
13 19 (0.17%) SUSE
14 14 (0.13%) HPUX
15 13 (0.12%) Windows 2000
16 11 (0.100%) Data ONTAP
17 7 (0.064%) Windows 8
17 7 (0.064%) Windows Vista
Processes & Methodologies
1 1670 (15.16%) Agile Software Development
2 1657 (15.04%) Stakeholder Management
3 1310 (11.89%) Project Management
4 860 (7.81%) Business Analysis
5 693 (6.29%) Migration
6 593 (5.38%) User Acceptance Testing
7 526 (4.78%) SDLC
8 518 (4.70%) Risk Management
9 491 (4.46%) Data Modelling
10 462 (4.19%) Change Management
11 459 (4.17%) Data Analysis
12 427 (3.88%) Scrum
13 420 (3.81%) TDD
14 403 (3.66%) PRINCE2
14 403 (3.66%) ETL
15 401 (3.64%) Analytics
16 370 (3.36%) ITIL
17 355 (3.22%) Business Intelligence
18 342 (3.10%) OO
19 330 (3.00%) Multithreading
Programming Languages
1 1985 (18.02%) SQL
2 1322 (12.00%) Java
3 883 (8.02%) C#
4 625 (5.67%) JavaScript
5 367 (3.33%) C++
6 352 (3.20%) Python
7 294 (2.67%) VBA
8 275 (2.50%) Perl
9 233 (2.12%) PL/SQL
10 194 (1.76%) Shell Script
11 190 (1.72%) Scala
12 188 (1.71%) T-SQL
13 140 (1.27%) PowerShell
14 111 (1.01%) C
15 93 (0.84%) VB
16 66 (0.60%) Bash Shell
17 65 (0.59%) VB.NET
18 49 (0.44%) Korn
19 44 (0.40%) VBScript
20 42 (0.38%) R
Qualifications
1 494 (4.48%) Degree
2 212 (1.92%) ISEB
3 124 (1.13%) PMI Certification
4 121 (1.10%) ISTQB
5 106 (0.96%) PRINCE2 Certification
6 104 (0.94%) PMP
7 100 (0.91%) CISSP
8 88 (0.80%) Cisco Certification
9 62 (0.56%) CISA
10 58 (0.53%) CISM
11 54 (0.49%) CCNP
12 37 (0.34%) Microsoft Certification
12 37 (0.34%) ITIL Certification
13 34 (0.31%) Security Cleared
14 31 (0.28%) ISTQB Foundation Certification
15 24 (0.22%) CCIE
16 23 (0.21%) CCNA
17 21 (0.19%) Six Sigma Black Belt
17 21 (0.19%) SC Cleared
17 21 (0.19%) MBA
Quality Assurance & Compliance
1 391 (3.55%) QA
2 138 (1.25%) EMIR
3 132 (1.20%) Data Quality
4 120 (1.09%) Dodd-Frank
5 108 (0.98%) MiFID
6 85 (0.77%) SLA
7 72 (0.65%) FATCA
8 70 (0.64%) Basel III
9 51 (0.46%) ISO/IEC 27001
10 43 (0.39%) Sarbanes-Oxley
11 33 (0.30%) Basel II
12 29 (0.26%) COBIT
13 27 (0.25%) COREP
14 24 (0.22%) PCI DSS
15 23 (0.21%) Solvency II
16 20 (0.18%) CRD IV
17 13 (0.12%) FINREP
18 8 (0.073%) AIFMD
19 7 (0.064%) HIPAA
20 6 (0.054%) ISO 9000
System Software
1 248 (2.25%) Active Directory
2 125 (1.13%) VMware Infrastructure
3 51 (0.46%) XenApp
4 34 (0.31%) VMware ESX
5 32 (0.29%) HDFS
6 31 (0.28%) vSphere
7 30 (0.27%) Oracle RAC
8 28 (0.25%) Veritas Cluster Server
9 26 (0.24%) Veritas Volume Manager
10 23 (0.21%) NFS
11 20 (0.18%) Microsoft App-V
12 18 (0.16%) XenDesktop
13 16 (0.15%) Hyper-V
14 15 (0.14%) Docker
15 14 (0.13%) KVM
16 11 (0.100%) VMware ESXi
16 11 (0.100%) Xen
17 10 (0.091%) RACF
18 9 (0.082%) Microsoft Virtual Server
19 7 (0.064%) Apache Flume
Systems Management
1 200 (1.82%) HP Quality Center
2 73 (0.66%) Puppet
3 65 (0.59%) Control-M
4 58 (0.53%) SCCM
5 51 (0.46%) Opscode Chef
6 48 (0.44%) Tivoli
7 46 (0.42%) NetBackup
8 31 (0.28%) SCOM
9 29 (0.26%) ITRS Geneos
10 28 (0.25%) BladeLogic
11 22 (0.20%) CA Single Sign-On
12 20 (0.18%) Oracle RMAN
12 20 (0.18%) Data Guard
13 17 (0.15%) Oracle Enterprise Manager
14 15 (0.14%) Symantec Enterprise Vault
15 14 (0.13%) Nagios
15 14 (0.13%) Oracle ZFS
16 13 (0.12%) Oozie
17 12 (0.11%) Netcool
17 12 (0.11%) Tivoli Storage Manager
Vendors
1 1125 (10.21%) Oracle
2 727 (6.60%) Microsoft
3 321 (2.91%) IBM
4 290 (2.63%) Sybase
5 219 (1.99%) HP
6 197 (1.79%) Informatica
7 192 (1.74%) VMware
8 173 (1.57%) Cisco
9 172 (1.56%) SAP
10 158 (1.43%) Citrix
11 135 (1.23%) Red Hat
12 123 (1.12%) TIBCO
13 103 (0.94%) Teradata
14 80 (0.73%) EMC
15 79 (0.72%) Bloomberg
16 75 (0.68%) Symantec
17 69 (0.63%) Adobe
17 69 (0.63%) ServiceNow
18 63 (0.57%) Murex
19 58 (0.53%) Reuters
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