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 May 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 May 2015
Same period 2014 Same period 2013
Banking
Rank 9 10 6
Rank change year-on-year
+1 -4
Contract jobs citing Banking 5136 4994 5871
As % of all contract IT jobs located in the UK 9.31% 9.47% 12.65%
As % of the General category 23.83% 24.45% 29.45%
Number of daily rates quoted 3494 3614 4209
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 £335
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £413 £400 £400
% change year-on-year
+3.12% -
Number of hourly rates quoted 19 21 28
Average hourly rate £13.46 £17.50 £25.00
Average hourly rate % change year-on-year
-23.08% -30.00%
90% offered a hourly rate of more than £10.44 £10.13 £14.85
10% offered a hourly rate of more than £76.00 £47.50 £73.00
UK excluding London average hourly rate £10.44 £14.50 £20.75
% change year-on-year
-28.00% -30.12%

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
21551 20426 19935
As % of all contract IT jobs located in the UK 39.06% 38.73% 42.96%
Number of daily rates quoted 13543 12940 11957
Average daily rate £438 £425 £450
Average daily rate % change year-on-year
+2.94% -5.55%
90% offered a daily rate of more than £280 £263 £275
10% offered a daily rate of more than £615 £625 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 540 552 652
Average hourly rate £22.50 £22.50 £25.00
Average hourly rate % change year-on-year
- -10.00%
90% offered a hourly rate of more than £10.44 £11.31 £12.50
10% offered a hourly rate of more than £45.00 £45.00 £44.94
UK excluding London average hourly rate £24.00 £25.00 £25.50
% change year-on-year
-4.00% -1.96%

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 May 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 May 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 May 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 -4 4374 £500 +5.26% 1061
London -1 3331 £525 +5.00% 692
City of London -1 1081 £500 - 264
Scotland +3 669 £380 -1.61% 112
Edinburgh +1 489 £375 -6.25% 81
North West +10 283 £445 +13.37% 82
South East -1 233 £438 +9.37% 99
South West -9 152 £420 -1.17% 66
Yorkshire -19 142 £405 +8.00% 54
Manchester +12 135 £450 +9.09% 40
Glasgow 0 121 £400 +14.28% 19
Cheshire +1 119 £450 +24.13% 30
West Yorkshire -20 108 £393 +4.66% 44
Buckinghamshire 0 100 £375 +15.38% 5
East Midlands -2 94 £425 - 22
West Midlands -1 80 £420 -1.17% 25
Milton Keynes 0 68 £354 +8.84% 5
Wiltshire -8 64 £450 +2.15% 19
Northamptonshire 0 62 £444 -1.38% 5
Halifax 0 61 £356 -8.71% 20
Swindon 0 60 £459 +6.25% 14
Birmingham -4 55 £393 -12.77% 11
Northampton +2 54 £450 +5.88% 2
Bristol -1 52 £414 +3.50% 25
Canary Wharf 0 40 £525 -4.54%
East of England -1 38 £500 +25.00% 11
East Sussex +14 36 £450 - 2
Leeds -25 35 £450 +20.00% 20
Knutsford 0 32 £400 -3.03% 1
Stirling +2 30 £400 +6.66% 2

Banking
Top 30 Related IT Skills

For the 6 months to 27 May 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 5464 (55.63%) Finance
2 2921 (29.74%) Investment Banking
3 1886 (19.20%) SQL
4 1468 (14.95%) Agile Software Development
5 1374 (13.99%) Stakeholder Management
6 1293 (13.16%) Retail
7 1269 (12.92%) Java
8 1213 (12.35%) Project Management
9 1050 (10.69%) Oracle
10 865 (8.81%) Retail Banking
11 860 (8.76%) UNIX
12 839 (8.54%) Front Office
13 798 (8.12%) Analytical Skills
14 750 (7.64%) Business Analysis
15 738 (7.51%) C#
16 702 (7.15%) SQL Server
17 687 (6.99%) Linux
18 652 (6.64%) Windows
19 643 (6.55%) Microsoft
20 638 (6.50%) .NET
21 626 (6.37%) JavaScript
22 619 (6.30%) MS Excel
23 573 (5.83%) HTML
24 557 (5.67%) Migration
25 536 (5.46%) Degree
26 518 (5.27%) Derivative
27 500 (5.09%) Data Modelling
28 493 (5.02%) Data Warehouse
29 492 (5.01%) SDLC
30 454 (4.62%) User Acceptance Testing

Banking
Top Related IT Skills by Category

For the 6 months to 27 May 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
1 244 (2.48%) SAS
2 190 (1.93%) WebSphere
3 188 (1.91%) SharePoint
4 62 (0.63%) Tomcat
5 60 (0.61%) WebLogic
6 58 (0.59%) IIS
6 58 (0.59%) Apache
7 54 (0.55%) MS Exchange
8 47 (0.48%) Node.js
9 44 (0.45%) Apache Spark
9 44 (0.45%) MQSeries
10 43 (0.44%) Confluence
11 42 (0.43%) Oracle Coherence
12 39 (0.40%) WebSphere Application Server
12 39 (0.40%) CICS
13 38 (0.39%) JBoss
14 37 (0.38%) Lync
15 36 (0.37%) Blackberry Enterprise Server
16 33 (0.34%) IBM Notes
17 30 (0.31%) FileNet
Applications
1 619 (6.30%) MS Excel
2 407 (4.14%) MS Office
3 263 (2.68%) MS PowerPoint
4 221 (2.25%) MS Project
5 188 (1.91%) MS Visio
6 33 (0.34%) Spreadsheet
7 31 (0.32%) Photoshop
8 14 (0.14%) Adobe Illustrator
9 12 (0.12%) Adobe Creative Suite
10 8 (0.081%) SPSS
10 8 (0.081%) Adobe Captivate
11 7 (0.071%) Open Workbench
11 7 (0.071%) OmniGraffle
12 3 (0.031%) InDesign
13 2 (0.020%) Acrobat
14 1 (0.010%) Fireworks
14 1 (0.010%) Casewise Modeler
14 1 (0.010%) PowerPivot
14 1 (0.010%) GIMP
14 1 (0.010%) InfoPath
Business Applications
1 47 (0.48%) Dynamics CRM
2 30 (0.31%) Markit EDM
3 26 (0.26%) SAP FI
3 26 (0.26%) SAP FI/CO
3 26 (0.26%) SAP CO
4 21 (0.21%) ION MarketView
5 20 (0.20%) Oracle General Ledger
6 17 (0.17%) Summit
7 16 (0.16%) Remedy ITSM
8 15 (0.15%) Temenos T24
8 15 (0.15%) RMDS
9 14 (0.14%) Loan IQ
9 14 (0.14%) thinkFolio
9 14 (0.14%) Oracle EBS
9 14 (0.14%) Oracle BPM
10 12 (0.12%) IntelliMatch
11 11 (0.11%) Eikon
12 9 (0.092%) BusinessWorks
12 9 (0.092%) HFM
12 9 (0.092%) Cognos TM1
Cloud Services
1 40 (0.41%) SaaS
2 30 (0.31%) Amazon AWS
3 18 (0.18%) Adobe Analytics
4 14 (0.14%) PaaS
5 13 (0.13%) Microsoft Azure
6 12 (0.12%) IaaS
7 11 (0.11%) Google Analytics
8 10 (0.10%) Office 365
8 10 (0.10%) IBM Blueworks
9 7 (0.071%) Amazon EMR
9 7 (0.071%) Cloud Computing
9 7 (0.071%) Amazon Kinesis
10 4 (0.041%) Virtual Private Cloud
10 4 (0.041%) Taleo
10 4 (0.041%) Amazon S3
10 4 (0.041%) GitHub
11 3 (0.031%) Amazon EC2
12 2 (0.020%) Force.com
12 2 (0.020%) Google Checkout
12 2 (0.020%) Silverpop
Communications & Networking
1 193 (1.96%) Firewall
2 158 (1.61%) Internet
3 122 (1.24%) TCP/IP
4 107 (1.09%) SAN
5 97 (0.99%) DNS
6 95 (0.97%) LAN
7 70 (0.71%) WAN
8 66 (0.67%) BGP
9 65 (0.66%) Multicast
10 58 (0.59%) Network Security
11 53 (0.54%) VPN
12 51 (0.52%) HTTP
13 49 (0.50%) EIGRP
14 48 (0.49%) NAS
15 47 (0.48%) Intranet
15 47 (0.48%) MPLS
15 47 (0.48%) OSPF
16 43 (0.44%) LDAP
16 43 (0.44%) Cisco Nexus
17 41 (0.42%) DHCP
Database & Business Intelligence
1 702 (7.15%) SQL Server
2 493 (5.02%) Data Warehouse
3 351 (3.57%) Relational Database
4 206 (2.10%) Oracle Database
5 201 (2.05%) SQL Server Integration Services
6 181 (1.84%) Big Data
7 157 (1.60%) RDBMS
8 146 (1.49%) DB2
8 146 (1.49%) SQL Server Reporting Services
9 145 (1.48%) Hadoop
10 134 (1.36%) SQL Server 2008
11 128 (1.30%) QlikView
12 102 (1.04%) MS Access
13 92 (0.94%) Oracle Database 11g
14 77 (0.78%) Data Mining
15 70 (0.71%) NoSQL
16 69 (0.70%) SQL Server 2012
17 66 (0.67%) SQL Server Analysis Services
18 61 (0.62%) SQL Server 2005
19 46 (0.47%) DataStage
Development Applications
1 206 (2.10%) JIRA
2 131 (1.33%) Subversion
3 114 (1.16%) Maven
4 111 (1.13%) TeamCity
5 109 (1.11%) Git (software)
6 76 (0.77%) Jenkins
7 75 (0.76%) Selenium
8 61 (0.62%) Visual Studio
9 58 (0.59%) JUnit
10 47 (0.48%) NUnit
10 47 (0.48%) Grunt
11 40 (0.41%) QuickTest Pro
12 39 (0.40%) ERwin
13 38 (0.39%) Eclipse
14 37 (0.38%) jMock
14 37 (0.38%) Team Foundation Server
15 35 (0.36%) Ant
16 32 (0.33%) Cucumber
16 32 (0.33%) Bower
17 31 (0.32%) CruiseControl
General
1 5464 (55.63%) Finance
2 2921 (29.74%) Investment Banking
3 1293 (13.16%) Retail
4 865 (8.81%) Retail Banking
5 839 (8.54%) Front Office
6 325 (3.31%) Telecoms
7 266 (2.71%) Back Office
8 252 (2.57%) Legal
9 223 (2.27%) Financial Institution
10 105 (1.07%) Corporate Banking
11 100 (1.02%) Marketing
12 91 (0.93%) Law
13 64 (0.65%) General Ledger
14 55 (0.56%) Private Banking
15 39 (0.40%) Advertising
16 37 (0.38%) Billing
16 37 (0.38%) International Banking
17 29 (0.30%) Wholesale Banking
18 24 (0.24%) Manufacturing
19 22 (0.22%) Pharmaceutical
Job Titles
1 2927 (29.80%) Analyst
2 2172 (22.11%) Developer
3 1627 (16.56%) Business Analyst
4 1303 (13.27%) Project Manager
5 603 (6.14%) Architect
6 546 (5.56%) Java Developer
7 438 (4.46%) Banking Business Analyst
8 299 (3.04%) Consultant
9 296 (3.01%) Senior Developer
10 282 (2.87%) Data Analyst
11 281 (2.86%) C# Developer
12 270 (2.75%) Senior Analyst
13 249 (2.54%) Test Analyst
14 246 (2.50%) Test Manager
15 232 (2.36%) Solutions Architect
16 204 (2.08%) Senior Manager
17 184 (1.87%) SQL Developer
18 176 (1.79%) Programme Manager
19 164 (1.67%) Support Analyst
20 162 (1.65%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 638 (6.50%) .NET
2 573 (5.83%) HTML
3 361 (3.68%) XML
4 354 (3.60%) HTML5
5 310 (3.16%) CSS
6 260 (2.65%) Spring
7 245 (2.49%) AngularJS
8 243 (2.47%) Web Services
9 174 (1.77%) WPF
10 169 (1.72%) Middleware
11 159 (1.62%) Hibernate
12 155 (1.58%) ASP.NET
12 155 (1.58%) J2EE
13 150 (1.53%) jQuery
13 150 (1.53%) FIX Protocol
14 128 (1.30%) WCF
15 125 (1.27%) RESTful
16 119 (1.21%) JMS
17 112 (1.14%) .NET Framework
18 107 (1.09%) SOAP
Miscellaneous
1 798 (8.12%) Analytical Skills
2 518 (5.27%) Derivative
3 420 (4.28%) Foreign Exchange (FX)
4 388 (3.95%) Fixed Income
5 294 (2.99%) Credit Risk
6 288 (2.93%) Equities
7 224 (2.28%) User Experience
8 210 (2.14%) Market Risk
9 191 (1.94%) Data Centre
10 188 (1.91%) Computer Science
11 152 (1.55%) Equity Derivative
12 143 (1.46%) Management Information System
13 131 (1.33%) SWIFT
14 123 (1.25%) Mainframe
15 114 (1.16%) Reference Data
16 112 (1.14%) Mobile Banking
17 91 (0.93%) Online Banking
18 86 (0.88%) Mathematics
19 83 (0.85%) Blackberry
20 78 (0.79%) Mobile App
Operating Systems
1 860 (8.76%) UNIX
2 687 (6.99%) Linux
3 652 (6.64%) Windows
4 163 (1.66%) Solaris
5 116 (1.18%) Windows Server 2008
6 104 (1.06%) Red Hat Enterprise Linux
7 98 (1.00%) Windows 7
8 83 (0.85%) Windows Server 2003
9 80 (0.81%) Apple iOS
10 74 (0.75%) Windows XP
11 70 (0.71%) AIX
12 61 (0.62%) Android
13 47 (0.48%) Windows Server 2012
14 33 (0.34%) zOS
15 18 (0.18%) SUSE
16 14 (0.14%) Windows Vista
17 12 (0.12%) Windows 2000
18 9 (0.092%) Windows 2000 Server
19 8 (0.081%) Windows 8
20 7 (0.071%) Mac OS
Processes & Methodologies
1 1468 (14.95%) Agile Software Development
2 1374 (13.99%) Stakeholder Management
3 1213 (12.35%) Project Management
4 750 (7.64%) Business Analysis
5 557 (5.67%) Migration
6 500 (5.09%) Data Modelling
7 492 (5.01%) SDLC
8 454 (4.62%) User Acceptance Testing
9 428 (4.36%) Data Analysis
10 425 (4.33%) Risk Management
11 391 (3.98%) OO
12 390 (3.97%) Analytics
13 381 (3.88%) TDD
14 370 (3.77%) PRINCE2
15 365 (3.72%) ETL
16 361 (3.68%) Change Management
17 343 (3.49%) ITIL
18 337 (3.43%) Business Intelligence
19 323 (3.29%) Scrum
20 311 (3.17%) Multithreading
Programming Languages
1 1886 (19.20%) SQL
2 1269 (12.92%) Java
3 738 (7.51%) C#
4 626 (6.37%) JavaScript
5 375 (3.82%) C++
6 366 (3.73%) Python
7 279 (2.84%) VBA
8 265 (2.70%) Perl
9 193 (1.96%) PL/SQL
10 175 (1.78%) Shell Script
11 134 (1.36%) T-SQL
12 124 (1.26%) C
13 93 (0.95%) Scala
14 86 (0.88%) PowerShell
15 81 (0.82%) VB
16 53 (0.54%) VB.NET
17 50 (0.51%) Bash Shell
18 46 (0.47%) Korn
19 45 (0.46%) Objective-C
19 45 (0.46%) COBOL
Qualifications
1 536 (5.46%) Degree
2 179 (1.82%) ISEB
3 115 (1.17%) PMI Certification
4 111 (1.13%) ISTQB
5 104 (1.06%) Cisco Certification
6 90 (0.92%) PMP
7 77 (0.78%) PRINCE2 Certification
8 73 (0.74%) CCNP
9 67 (0.68%) CISSP
10 44 (0.45%) ISTQB Foundation Certification
11 43 (0.44%) ITIL Certification
12 37 (0.38%) CCNA
13 35 (0.36%) CCIE
14 34 (0.35%) CISA
14 34 (0.35%) Security Cleared
15 33 (0.34%) Microsoft Certification
16 28 (0.29%) CISM
17 21 (0.21%) SC Cleared
18 20 (0.20%) MCSE
19 15 (0.15%) MBA
Quality Assurance & Compliance
1 330 (3.36%) QA
2 115 (1.17%) EMIR
3 105 (1.07%) Data Quality
4 101 (1.03%) FATCA
5 96 (0.98%) Dodd-Frank
6 70 (0.71%) SLA
7 62 (0.63%) Basel III
8 57 (0.58%) MiFID
9 45 (0.46%) Sarbanes-Oxley
10 36 (0.37%) Basel II
11 30 (0.31%) ISO/IEC 27001
12 26 (0.26%) COBIT
13 25 (0.25%) Solvency II
14 21 (0.21%) PCI DSS
15 20 (0.20%) ISO 9001
15 20 (0.20%) COREP
16 17 (0.17%) FINREP
17 14 (0.14%) CRD IV
18 8 (0.081%) ISO 9000
19 5 (0.051%) HIPAA
System Software
1 189 (1.92%) Active Directory
2 107 (1.09%) VMware Infrastructure
3 34 (0.35%) Oracle RAC
3 34 (0.35%) XenApp
4 29 (0.30%) vSphere
5 24 (0.24%) HDFS
6 22 (0.22%) Veritas Cluster Server
6 22 (0.22%) NFS
7 21 (0.21%) VMware ESX
7 21 (0.21%) XenDesktop
8 19 (0.19%) Microsoft App-V
9 18 (0.18%) Docker
10 15 (0.15%) Veritas Volume Manager
11 10 (0.10%) Hyper-V
11 10 (0.10%) RACF
11 10 (0.10%) Microsoft Virtual Server
11 10 (0.10%) Apache Flume
12 9 (0.092%) VMware ESXi
13 8 (0.081%) Xen
13 8 (0.081%) ProxySG
Systems Management
1 165 (1.68%) HP Quality Center
2 59 (0.60%) Control-M
3 42 (0.43%) SCCM
4 40 (0.41%) Tivoli
5 37 (0.38%) Opscode Chef
6 36 (0.37%) Puppet
7 35 (0.36%) ITRS Geneos
8 24 (0.24%) NetBackup
9 22 (0.22%) CA Single Sign-On
10 20 (0.20%) BladeLogic
10 20 (0.20%) Data Guard
11 19 (0.19%) SCOM
12 16 (0.16%) Oracle RMAN
13 13 (0.13%) Vagrant
13 13 (0.13%) Hadoop YARN
14 12 (0.12%) Tivoli Storage Manager
15 10 (0.10%) OpenView
15 10 (0.10%) Norton AntiVirus
16 9 (0.092%) Netcool
17 8 (0.081%) HP Operations Orchestration
Vendors
1 1050 (10.69%) Oracle
2 643 (6.55%) Microsoft
3 306 (3.12%) IBM
4 275 (2.80%) Sybase
5 196 (2.00%) Cisco
6 173 (1.76%) VMware
7 167 (1.70%) SAP
8 154 (1.57%) HP
9 145 (1.48%) Informatica
10 134 (1.36%) Citrix
11 123 (1.25%) TIBCO
12 111 (1.13%) Business Objects
13 105 (1.07%) Red Hat
14 100 (1.02%) Teradata
15 82 (0.83%) Bloomberg
16 79 (0.80%) F5
17 73 (0.74%) CheckPoint
18 70 (0.71%) Cognos
19 68 (0.69%) Juniper
19 68 (0.69%) Reuters
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