Financial Institution Contracts

Financial Institution
UK

The table below looks at the prevalence of the term Financial Institution in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 338 297 394
Rank change year-on-year -41 +97 +82
Contract jobs citing Financial Institution 276 533 581
As % of all contract jobs advertised in the UK 0.64% 0.89% 0.65%
As % of the General category 1.09% 1.52% 1.17%
Number of daily rates quoted 200 418 303
10th Percentile £294 £450 £313
25th Percentile £500 £500 £406
Median daily rate (50th Percentile) £600 £600 £600
Median % change year-on-year - - +3.45%
75th Percentile £712 £713 £738
90th Percentile £775 £825 £800
UK excluding London median daily rate £525 £520 £450
% change year-on-year +0.96% +15.56% -12.20%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £25.75
Median hourly rate - - £26.50
75th Percentile - - £27.25
90th Percentile - - -
UK excluding London median hourly rate - - -

All General Skills
UK

Financial Institution is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

Contract vacancies with a requirement for common skills 25,217 34,983 49,764
As % of all contract IT jobs advertised in the UK 58.24% 58.49% 56.02%
Number of daily rates quoted 15,921 24,245 34,457
10th Percentile £270 £313 £319
25th Percentile £413 £440 £425
Median daily rate (50th Percentile) £525 £550 £533
Median % change year-on-year -4.55% +3.29% +7.58%
75th Percentile £650 £675 £650
90th Percentile £763 £775 £750
UK excluding London median daily rate £496 £500 £475
% change year-on-year -0.90% +5.26% +11.76%
Number of hourly rates quoted 1,927 1,077 1,444
10th Percentile £12.78 £13.46 £12.50
25th Percentile £15.48 £18.13 £14.75
Median hourly rate £29.00 £35.00 £21.50
Median % change year-on-year -17.14% +62.79% -4.44%
75th Percentile £51.75 £61.25 £46.13
90th Percentile £65.00 £72.50 £58.00
UK excluding London median hourly rate £27.51 £30.54 £18.50
% change year-on-year -9.93% +65.08% -7.50%

Financial Institution
Job Vacancy Trend

Job postings citing Financial Institution as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Institution in the UK

Financial Institution
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Institution.

Daily rate trend for Financial Institution in the UK

Financial Institution
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Institution over the 6 months to 27 April 2024.

Daily rate histogram for Financial Institution in the UK

Financial Institution
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Institution.

Hourly rate trend for Financial Institution in the UK

Financial Institution
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the UK over the 6 months to 27 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England -23 245 £604 +0.63% 179
London -7 211 £625 +4.17% 140
Work from Home +71 110 £600 - 55
UK excluding London -22 38 £525 +0.96% 37
Scotland +34 14 £750 +36.36% 3
North of England +1 9 £525 -0.24% 6
South East +13 8 £303 -45.00% 8
North West +6 8 £525 -2.33% 1
South West +20 3 £486 -7.38% 10
East of England +14 2 £655 +25.96% 2
West Midlands -5 2 £300 -40.00% 6
Midlands -17 2 £300 -40.00% 7
Yorkshire -2 1 - - 5

Financial Institution
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 8 (2.90%) Microsoft Exchange
2 3 (1.09%) IBM Domino
2 3 (1.09%) IBM Notes
3 2 (0.72%) Confluence
Applications
1 27 (9.78%) Microsoft Office
2 12 (4.35%) Microsoft Excel
3 8 (2.90%) Microsoft PowerPoint
4 4 (1.45%) Microsoft Project
5 1 (0.36%) Adobe XD
5 1 (0.36%) Sketch
Business Applications
1 25 (9.06%) Loan IQ
2 8 (2.90%) Distributed Ledger
3 2 (0.72%) Actimize
3 2 (0.72%) Adobe Campaign
3 2 (0.72%) Dynamics CRM
3 2 (0.72%) Eloqua
4 1 (0.36%) SAP S/4HANA
Cloud Services
1 39 (14.13%) Azure
2 24 (8.70%) Microsoft 365
3 23 (8.33%) GitHub
4 16 (5.80%) Power Platform
5 9 (3.26%) AWS
5 9 (3.26%) Power Automate
5 9 (3.26%) PowerApps
6 8 (2.90%) Entra ID
7 7 (2.54%) Azure Key Vault
8 4 (1.45%) Collibra
9 3 (1.09%) Azure DevOps
9 3 (1.09%) GCP
10 2 (0.72%) Azure Data Factory
10 2 (0.72%) Cloud Computing
10 2 (0.72%) Dynamics 365
10 2 (0.72%) IaaS
10 2 (0.72%) PaaS
10 2 (0.72%) SaaS
11 1 (0.36%) Azure Functions
11 1 (0.36%) Serverless
Communications & Networking
1 11 (3.99%) Firewall
1 11 (3.99%) VPN
1 11 (3.99%) Wireless
2 9 (3.26%) BGP
2 9 (3.26%) MPLS
2 9 (3.26%) OSPF
3 8 (2.90%) Multicast
3 8 (2.90%) Network Security
4 7 (2.54%) Internet
5 6 (2.17%) EIGRP
5 6 (2.17%) LAN
5 6 (2.17%) WAN
6 4 (1.45%) TCP/IP
7 3 (1.09%) Cisco ASA
7 3 (1.09%) Cisco Nexus
7 3 (1.09%) DNS
7 3 (1.09%) SMTP
7 3 (1.09%) Unified Communications
8 2 (0.72%) DMZ
8 2 (0.72%) Intrusion Detection
Database & Business Intelligence
1 30 (10.87%) SQL Server
2 23 (8.33%) MySQL
3 22 (7.97%) Oracle Reports
4 16 (5.80%) Power BI
5 8 (2.90%) Data Warehouse
6 6 (2.17%) Big Data
7 5 (1.81%) Relational Database
8 4 (1.45%) Data Lake
8 4 (1.45%) Parquet
8 4 (1.45%) PostgreSQL
9 3 (1.09%) Data Mart
9 3 (1.09%) Metadata
9 3 (1.09%) Oracle Exadata
10 2 (0.72%) Azure SQL Database
10 2 (0.72%) Enterprise Data Warehouse
10 2 (0.72%) OLAP
10 2 (0.72%) OLTP
10 2 (0.72%) Oracle Database
11 1 (0.36%) Apache Cassandra
11 1 (0.36%) NoSQL
Development Applications
1 7 (2.54%) JIRA
2 4 (1.45%) Git
3 3 (1.09%) GitLab
4 2 (0.72%) Jenkins
5 1 (0.36%) Artifactory
5 1 (0.36%) Bitbucket
5 1 (0.36%) Cucumber
5 1 (0.36%) Selenium
5 1 (0.36%) Sonatype Nexus
5 1 (0.36%) TeamCity
5 1 (0.36%) Visual Studio Code
General
1 276 (100.00%) Finance
2 76 (27.54%) Social Skills
3 55 (19.93%) Banking
4 38 (13.77%) Analytical Skills
5 15 (5.43%) Presentation Skills
6 10 (3.62%) Investment Banking
6 10 (3.62%) Public Sector
7 8 (2.90%) Front Office
7 8 (2.90%) International Banking
8 7 (2.54%) Advertising
9 4 (1.45%) Marketing
10 3 (1.09%) Manufacturing
11 2 (0.72%) Documentation Skills
11 2 (0.72%) Influencing Skills
11 2 (0.72%) Pharmaceutical
11 2 (0.72%) Retail Banking
12 1 (0.36%) Automotive
12 1 (0.36%) Back Office
12 1 (0.36%) Inclusion and Diversity
12 1 (0.36%) Organisational Skills
Job Titles
1 60 (21.74%) Developer
2 39 (14.13%) Architect
3 32 (11.59%) Analyst
3 32 (11.59%) Project Manager
4 26 (9.42%) Senior
5 20 (7.25%) Solutions Architect
6 15 (5.43%) Business Analyst
7 14 (5.07%) Senior Developer
8 13 (4.71%) C# Developer
8 13 (4.71%) SailPoint Developer
8 13 (4.71%) Security Manager
9 12 (4.35%) Security Project Manager
9 12 (4.35%) Service Analyst
10 11 (3.99%) Network Engineer
10 11 (3.99%) Security Architect
10 11 (3.99%) Service Desk Analyst
10 11 (3.99%) Support Engineer
11 10 (3.62%) Java Developer
12 9 (3.26%) Consultant
12 9 (3.26%) Python Developer
Libraries, Frameworks & Software Standards
1 31 (11.23%) XML
2 30 (10.87%) SailPoint
3 27 (9.78%) HTML
4 23 (8.33%) LDAP
4 23 (8.33%) Web Services
5 22 (7.97%) JSP
5 22 (7.97%) Servlets
5 22 (7.97%) SOAP
5 22 (7.97%) SPML
6 21 (7.61%) JDBC
7 11 (3.99%) AngularJS
8 10 (3.62%) .NET
8 10 (3.62%) React
9 8 (2.90%) Apache Camel
9 8 (2.90%) REST
10 7 (2.54%) JSON
10 7 (2.54%) Microsoft Graph
11 5 (1.81%) Node.js
12 4 (1.45%) Apache Avro
12 4 (1.45%) Middleware
Miscellaneous
1 25 (9.06%) Onboarding
2 21 (7.61%) Hedge funds
3 19 (6.88%) Management Information System
4 16 (5.80%) Fixed Income
5 14 (5.07%) Derivative
6 10 (3.62%) Analytical Mindset
6 10 (3.62%) Greenfield Project
7 9 (3.26%) Data Centre
7 9 (3.26%) Product Ownership
8 6 (2.17%) Foreign Exchange (FX)
8 6 (2.17%) PKI
8 6 (2.17%) Security Posture
9 5 (1.81%) Self-Motivation
9 5 (1.81%) SWIFT Messaging Network
10 4 (1.45%) Blockchain
10 4 (1.45%) Distributed Computing
10 4 (1.45%) Equities
10 4 (1.45%) Operational Technology
11 3 (1.09%) Legacy Systems
11 3 (1.09%) PMI
Operating Systems
1 36 (13.04%) Windows
2 25 (9.06%) Linux
3 16 (5.80%) Windows 10
4 12 (4.35%) Windows 7
5 6 (2.17%) Unix
6 1 (0.36%) Apple iOS
6 1 (0.36%) Ubuntu
6 1 (0.36%) Windows Server 2012
6 1 (0.36%) Windows Server 2016
6 1 (0.36%) zOS
Processes & Methodologies
1 36 (13.04%) Problem-Solving
2 35 (12.68%) Project Management
3 33 (11.96%) Agile
4 31 (11.23%) Cybersecurity
5 29 (10.51%) CI/CD
5 29 (10.51%) Project Delivery
6 27 (9.78%) Migration
6 27 (9.78%) RBAC
6 27 (9.78%) Software Engineering
7 23 (8.33%) Risk Management
8 21 (7.61%) Data Modelling
8 21 (7.61%) Fintech
9 20 (7.25%) Data Migration
10 17 (6.16%) Customer Service
10 17 (6.16%) Waterfall
11 16 (5.80%) Business Intelligence
11 16 (5.80%) Computer Science
12 15 (5.43%) Incident Management
12 15 (5.43%) ITIL
12 15 (5.43%) Requirements Gathering
Programming Languages
1 50 (18.12%) Java
2 48 (17.39%) SQL
3 32 (11.59%) JavaScript
4 23 (8.33%) Python
5 22 (7.97%) C#
6 12 (4.35%) PowerShell
7 9 (3.26%) Scala
8 7 (2.54%) TypeScript
9 4 (1.45%) Clojure
9 4 (1.45%) Haskell
9 4 (1.45%) Rust
10 2 (0.72%) C++
10 2 (0.72%) Go
10 2 (0.72%) PHP
10 2 (0.72%) T-SQL
11 1 (0.36%) Bash
11 1 (0.36%) PL/SQL
11 1 (0.36%) Shell Script
11 1 (0.36%) VBA
Qualifications
1 23 (8.33%) Degree
2 16 (5.80%) CISSP
3 14 (5.07%) CISM
4 12 (4.35%) CISA
5 10 (3.62%) Computer Science Degree
6 9 (3.26%) Master's Degree
7 5 (1.81%) PMI Certification
7 5 (1.81%) SC Cleared
7 5 (1.81%) Security Cleared
8 4 (1.45%) APMP
8 4 (1.45%) Cisco Certification
8 4 (1.45%) MBA
8 4 (1.45%) Numerate Degree
9 3 (1.09%) CCNP
9 3 (1.09%) PhD
9 3 (1.09%) PMP
10 2 (0.72%) CCIE
10 2 (0.72%) MCP
11 1 (0.36%) CCSP
11 1 (0.36%) Microsoft Certification
Quality Assurance & Compliance
1 16 (5.80%) SLA
2 10 (3.62%) PMO
3 7 (2.54%) Data Quality
4 6 (2.17%) NIST
5 5 (1.81%) ISO/IEC 27001
5 5 (1.81%) QA
6 2 (0.72%) Accessibility
6 2 (0.72%) Basel III
6 2 (0.72%) GRC
6 2 (0.72%) ISO 20022
6 2 (0.72%) ISO 22301
6 2 (0.72%) PCI DSS
7 1 (0.36%) Cyber Essentials
7 1 (0.36%) ISAE 3402
System Software
1 38 (13.77%) Active Directory
2 22 (7.97%) IAG
3 20 (7.25%) ACF2
3 20 (7.25%) RACF
4 10 (3.62%) Virtual Machines
5 3 (1.09%) Docker
6 2 (0.72%) Hyper-V
7 1 (0.36%) VMware ESXi
7 1 (0.36%) VMware Infrastructure
7 1 (0.36%) vSphere
Systems Management
1 9 (3.26%) Kubernetes
1 9 (3.26%) Terraform
2 8 (2.90%) Ansible
3 3 (1.09%) Single Sign-On
4 2 (0.72%) SCCM
5 1 (0.36%) Microsoft Intune
5 1 (0.36%) Nessus
5 1 (0.36%) PingFederate
5 1 (0.36%) Puppet
5 1 (0.36%) WSUS
Vendors
1 53 (19.20%) Microsoft
2 35 (12.68%) ServiceNow
3 33 (11.96%) Oracle
4 22 (7.97%) Sybase
5 13 (4.71%) Cisco
5 13 (4.71%) IBM
6 7 (2.54%) Palo Alto
7 6 (2.17%) Calypso
7 6 (2.17%) CheckPoint
8 5 (1.81%) F5
8 5 (1.81%) VMware
9 4 (1.45%) Murex
9 4 (1.45%) Salesforce
10 3 (1.09%) Adobe
10 3 (1.09%) Dell
10 3 (1.09%) HP
10 3 (1.09%) Lotus
10 3 (1.09%) Marketo
10 3 (1.09%) Proofpoint
10 3 (1.09%) Qualys