The table below looks at the prevalence of the term Financial Institution in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 16 September 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
16 Sep 2014
Same period 2013 Same period 2012
Financial Institution
Rank 241 224 195
Rank change year-on-year
-17 -29
Contract jobs citing Financial Institution 469 485 605
As % of all contract IT jobs located in the UK 0.82% 0.92% 1.03%
As % of the General category 2.11% 2.16% 2.32%
Number of daily rates quoted 251 333 383
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£450 £450 £420
Average daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £300 £300 £277
10% offered a daily rate of more than £625 £625 £575
UK excluding London average daily rate £351 £365 £375
% change year-on-year
-3.83% -2.66%
Number of hourly rates quoted 6 8 8
Average hourly rate £9.21 £19.00 £16.18
Average hourly rate % change year-on-year
-51.55% +17.41%
90% offered a hourly rate of more than £9.10 £10.66 £9.69
10% offered a hourly rate of more than £9.94 £44.70 £47.25
UK excluding London average hourly rate £9.21 £10.44 £10.89
% change year-on-year
-11.80% -4.11%

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
22265 22411 26110
As % of all contract IT jobs located in the UK 38.73% 42.43% 44.33%
Number of daily rates quoted 13531 13915 15463
Average daily rate £435 £450 £425
Average daily rate % change year-on-year
-3.33% +5.88%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £396 £383 £375
% change year-on-year
+3.52% +2.00%
Number of hourly rates quoted 533 599 757
Average hourly rate £21.50 £21.50 £25.87
Average hourly rate % change year-on-year
- -16.87%
90% offered a hourly rate of more than £11.00 £11.50 £12.00
10% offered a hourly rate of more than £42.50 £45.00 £46.00
UK excluding London average hourly rate £24.00 £21.00 £29.00
% change year-on-year
+14.28% -27.58%

Financial Institution
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Financial Institution within the UK as a proportion of the total demand within the General category.

Financial Institution Jobs Demand Trend in the UK

Financial Institution
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Institution within the UK.

Financial Institution Daily Rate Trend in the UK

Financial Institution
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution within the UK over the 3 months to 16 September 2014.

Financial Institution Daily Rate Histogram in the UK

Financial Institution
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Institution within the UK.

Financial Institution Hourly Rate Trend in the UK

Financial Institution
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 Financial Institution within the UK over the 3 months to 16 September 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 -4 448 £475 - 139
London +7 350 £475 -5.00% 96
City of London -10 82 £481 -3.75% 48
South East +7 44 £388 +19.23% 15
Buckinghamshire +7 18 £425 +47.82% 1
North West -3 15 £325 +54.76% 12
South West -29 12 £325 -13.33% 1
Bristol -8 11 £325 +8.33% 1
Scotland -16 11 £350 +2.94% 2
Hampshire +5 10 £338 -20.58% 4
East Midlands -1 9 £268 -10.83% 3
East of England -25 9 £190 - 1
Manchester -5 8 £420 +180.00% 6
Hertfordshire - 7 £190 -
Surrey +4 5 £450 +200.00% 5
Glasgow -13 5 £350 -12.50% 1
Berkshire +9 4 £450 -28.00%
Northern Ireland +2 4 £313 -7.40% 1
County Antrim 0 4 £313 -7.40% 1
Belfast 0 4 £313 -7.40% 1
Brighton -9 4 £415 +176.66%
South Wales -9 4 £490 +226.66%
East Sussex -13 4 £415 +176.66%
Edinburgh -14 4 £400 +21.21% 1
Wales -20 4 £490 +226.66% 1
Cheshire +1 3 £325 +20.37% 5
Yorkshire -3 3 £463 +23.33% 6
Birmingham -9 3 £700 +122.22% 4
West Midlands -24 3 £700 +83.00% 5
West Yorkshire -1 2 £463 +23.33% 4

Financial Institution
Top 30 Related IT Skills

For the 6 months to 16 September 2014, IT contractor jobs within the UK citing Financial Institution 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 Financial Institution.

1 898 (100.00%) Finance
2 274 (30.51%) Banking
3 218 (24.28%) Hedge funds
4 195 (21.71%) SQL
5 183 (20.38%) UNIX
6 138 (15.37%) Windows
7 137 (15.26%) Oracle
8 126 (14.03%) Linux
9 123 (13.70%) Microsoft
10 116 (12.92%) Investment Banking
11 110 (12.25%) Agile Software Development
12 99 (11.02%) Analytical Skills
13 93 (10.36%) Java
13 93 (10.36%) Project Management
14 82 (9.13%) Active Directory
15 80 (8.91%) Front Office
16 76 (8.46%) MS Excel
17 69 (7.68%) IBM
18 68 (7.57%) Migration
19 65 (7.24%) SQL Server
20 62 (6.90%) Firewall
21 60 (6.68%) HP
22 57 (6.35%) Remedy
22 57 (6.35%) Business Analysis
23 55 (6.12%) C#
24 54 (6.01%) Business Intelligence
24 54 (6.01%) Management Information System
24 54 (6.01%) VMware
25 52 (5.79%) User Acceptance Testing
26 50 (5.57%) WebSphere

Financial Institution
Top Related IT Skills by Category

For the 6 months to 16 September 2014, IT contractor jobs within the UK citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 50 (5.57%) WebSphere
2 49 (5.46%) WebLogic
3 37 (4.12%) SharePoint
4 24 (2.67%) SAS
5 19 (2.12%) IIS
6 18 (2.00%) CMS
7 11 (1.22%) WebLogic Portal
7 11 (1.22%) Blackberry Enterprise Server
7 11 (1.22%) Oracle Service Bus
8 10 (1.11%) MS Exchange
9 9 (1.00%) Oracle HTTP Server
9 9 (1.00%) SharePoint 2010
9 9 (1.00%) Oracle SOA Suite
9 9 (1.00%) WebSphere Application Server
10 8 (0.89%) Joomla!
10 8 (0.89%) Oracle Coherence
10 8 (0.89%) Apache
11 7 (0.78%) Adobe CQ
12 6 (0.67%) Tomcat
13 5 (0.56%) Lync
Applications
1 76 (8.46%) MS Excel
2 48 (5.35%) MS Office
3 28 (3.12%) MS Project
4 21 (2.34%) MS PowerPoint
5 13 (1.45%) MS Visio
6 2 (0.22%) Photoshop
6 2 (0.22%) Mathematica
6 2 (0.22%) Adobe Captivate
7 1 (0.11%) Spreadsheet
7 1 (0.11%) InfoPath
7 1 (0.11%) SPSS
Business Applications
1 33 (3.67%) Oracle EBS
2 12 (1.34%) Oracle BPM
3 11 (1.22%) Oracle FAH
4 9 (1.00%) Documaker
4 9 (1.00%) RMDS
5 8 (0.89%) Cognos Business Intelligence
6 5 (0.56%) Dynamics CRM
7 4 (0.45%) Google Analytics
7 4 (0.45%) Advent Portfolio Exchange
8 3 (0.33%) Markit EDM
9 2 (0.22%) assyst
9 2 (0.22%) Eagle PACE
9 2 (0.22%) Oracle General Ledger
9 2 (0.22%) Oracle EBS R12
9 2 (0.22%) Kondor+
9 2 (0.22%) Remedy ITSM
9 2 (0.22%) Summit
9 2 (0.22%) HiPortfolio
10 1 (0.11%) Oracle Financials
10 1 (0.11%) Oracle ERP
Cloud Services
1 20 (2.23%) Amazon EC2
1 20 (2.23%) Amazon AWS
2 5 (0.56%) PaaS
2 5 (0.56%) IaaS
3 2 (0.22%) Cloud Computing
3 2 (0.22%) SaaS
4 1 (0.11%) Microsoft Azure
4 1 (0.11%) Amazon EMR
Communications & Networking
1 62 (6.90%) Firewall
2 35 (3.90%) DNS
3 32 (3.56%) VPN
4 30 (3.34%) TCP/IP
5 28 (3.12%) WAN
5 28 (3.12%) HTTP
6 27 (3.01%) Internet
7 26 (2.90%) SSL
7 26 (2.90%) Multicast
8 19 (2.12%) SAN
9 18 (2.00%) Intranet
10 15 (1.67%) NetScreen
11 13 (1.45%) Network Security
11 13 (1.45%) HTTPS
11 13 (1.45%) LAN
12 10 (1.11%) VLAN
13 9 (1.00%) iSCSI
13 9 (1.00%) NAS
13 9 (1.00%) SNMP
13 9 (1.00%) FCoE
Database & Business Intelligence
1 65 (7.24%) SQL Server
2 49 (5.46%) Oracle Database
3 30 (3.34%) Oracle Database 10g
4 25 (2.78%) Data Warehouse
5 24 (2.67%) SQL Server Integration Services
6 23 (2.56%) SQL Server Reporting Services
7 21 (2.34%) Oracle Database 11g
7 21 (2.34%) Oracle Exadata
8 20 (2.23%) SQL Server 2008
8 20 (2.23%) Relational Database
9 15 (1.67%) Oracle ODI
10 14 (1.56%) SQL Server Analysis Services
11 13 (1.45%) Oracle BI EE
12 11 (1.22%) RDBMS
13 9 (1.00%) SQL Server 2012
13 9 (1.00%) Oracle BI Publisher
14 8 (0.89%) DB2
14 8 (0.89%) OLAP
15 7 (0.78%) Data Mining
15 7 (0.78%) Sybase ASE
Development Applications
1 43 (4.79%) JIRA
2 20 (2.23%) Maven
3 12 (1.34%) Subversion
4 10 (1.11%) Eclipse
5 9 (1.00%) TeamCity
6 8 (0.89%) Git (software)
7 6 (0.67%) JUnit
8 5 (0.56%) Team Foundation Server
9 4 (0.45%) Jasmine
9 4 (0.45%) Visual Studio
9 4 (0.45%) Selenium
10 3 (0.33%) Ant
10 3 (0.33%) Karma Test Runner
11 2 (0.22%) TestComplete
11 2 (0.22%) Bugzilla
11 2 (0.22%) FitNesse
12 1 (0.11%) jMock
12 1 (0.11%) Atlassian Bamboo
12 1 (0.11%) CruiseControl
12 1 (0.11%) VSS/SourceSafe
General
1 898 (100.00%) Finance
2 274 (30.51%) Banking
3 116 (12.92%) Investment Banking
4 80 (8.91%) Front Office
5 29 (3.23%) Retail
6 23 (2.56%) Legal
7 17 (1.89%) Telecoms
8 12 (1.34%) Back Office
8 12 (1.34%) Billing
9 10 (1.11%) Marketing
10 7 (0.78%) Retail Banking
11 5 (0.56%) Corporate Banking
12 3 (0.33%) Private Banking
12 3 (0.33%) Spanish Language
12 3 (0.33%) French Language
12 3 (0.33%) German Language
12 3 (0.33%) Publishing
13 2 (0.22%) General Ledger
14 1 (0.11%) Wholesale Banking
14 1 (0.11%) Russian Language
Job Titles
1 234 (26.06%) Analyst
2 183 (20.38%) Developer
3 85 (9.47%) Business Analyst
4 77 (8.57%) Project Manager
5 46 (5.12%) Consultant
6 40 (4.45%) Java Developer
7 32 (3.56%) Operations Analyst
8 31 (3.45%) Data Analyst
9 30 (3.34%) Architect
10 26 (2.90%) DBA
10 26 (2.90%) Support Analyst
10 26 (2.90%) C++ Developer
11 25 (2.78%) Network Engineer
12 18 (2.00%) Desktop Support
13 17 (1.89%) Senior Analyst
13 17 (1.89%) Linux Engineer
14 16 (1.78%) Oracle DBA
15 15 (1.67%) Support Engineer
15 15 (1.67%) Junior
15 15 (1.67%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 47 (5.23%) .NET
2 41 (4.57%) Middleware
3 38 (4.23%) HTML
4 36 (4.01%) XML
5 32 (3.56%) CSS
6 30 (3.34%) Spring
7 29 (3.23%) WebSphere MQ
8 26 (2.90%) ASP.NET
9 20 (2.23%) Web Services
10 19 (2.12%) JMS
11 17 (1.89%) SOAP
11 17 (1.89%) jQuery
11 17 (1.89%) Oracle Fusion
12 15 (1.67%) WebCenter
12 15 (1.67%) J2EE
13 12 (1.34%) HTML5
14 11 (1.22%) WCF
14 11 (1.22%) JDBC
14 11 (1.22%) Hibernate
15 10 (1.11%) FIX Protocol
Miscellaneous
1 218 (24.28%) Hedge funds
2 99 (11.02%) Analytical Skills
3 54 (6.01%) Management Information System
4 41 (4.57%) Equities
5 36 (4.01%) Fixed Income
6 35 (3.90%) Clustering
7 28 (3.12%) Foreign Exchange (FX)
8 26 (2.90%) Derivative
9 20 (2.23%) Blackberry
10 19 (2.12%) Computer Science
10 19 (2.12%) User Experience
10 19 (2.12%) Credit Risk
11 13 (1.45%) Tandem
11 13 (1.45%) Mainframe
11 13 (1.45%) AS400
12 12 (1.34%) Replication
13 11 (1.22%) Client/Server
13 11 (1.22%) Economics
14 10 (1.11%) E-Learning
14 10 (1.11%) Market Risk
Operating Systems
1 183 (20.38%) UNIX
2 138 (15.37%) Windows
3 126 (14.03%) Linux
4 46 (5.12%) Windows 7
5 33 (3.67%) Solaris
6 23 (2.56%) Windows XP
7 20 (2.23%) Red Hat Enterprise Linux
7 20 (2.23%) SELinux
8 16 (1.78%) Windows Server 2008
9 13 (1.45%) Windows Server 2003
10 11 (1.22%) AIX
11 9 (1.00%) VMS
11 9 (1.00%) zOS
12 4 (0.45%) HPUX
12 4 (0.45%) SUSE
13 3 (0.33%) Android
13 3 (0.33%) Apple iOS
14 2 (0.22%) Mac OS
15 1 (0.11%) Windows Server 2012
15 1 (0.11%) Windows Phone
Processes & Methodologies
1 110 (12.25%) Agile Software Development
2 93 (10.36%) Project Management
3 68 (7.57%) Migration
4 57 (6.35%) Business Analysis
5 54 (6.01%) Business Intelligence
6 52 (5.79%) User Acceptance Testing
7 49 (5.46%) Stakeholder Management
8 47 (5.23%) PRINCE2
9 42 (4.68%) Risk Management
9 42 (4.68%) Asset Management
10 41 (4.57%) Data Analysis
10 41 (4.57%) SOA
10 41 (4.57%) ITIL
10 41 (4.57%) Change Management
11 34 (3.79%) TDD
11 34 (3.79%) Performance Tuning
12 33 (3.67%) Configuration Management
13 31 (3.45%) Service Delivery
13 31 (3.45%) Incident Management
14 30 (3.34%) Data Management
Programming Languages
1 195 (21.71%) SQL
2 93 (10.36%) Java
3 55 (6.12%) C#
4 44 (4.90%) Bash Shell
5 39 (4.34%) Python
6 33 (3.67%) Ruby
6 33 (3.67%) C++
7 32 (3.56%) JavaScript
8 27 (3.01%) T-SQL
9 26 (2.90%) Perl
10 25 (2.78%) PL/SQL
10 25 (2.78%) Shell Script
11 23 (2.56%) C
12 22 (2.45%) VBA
13 16 (1.78%) PowerShell
14 15 (1.67%) VB
15 11 (1.22%) Jython
16 9 (1.00%) WebLogic Scripting Tool
17 7 (0.78%) Scala
17 7 (0.78%) PHP
Qualifications
1 50 (5.57%) Degree
2 25 (2.78%) CISSP
2 25 (2.78%) Cisco Certification
3 20 (2.23%) PMI Certification
4 16 (1.78%) CCNP
4 16 (1.78%) CISM
5 15 (1.67%) ISEB
5 15 (1.67%) JNCIS
6 14 (1.56%) PMP
7 11 (1.22%) CISA
8 7 (0.78%) ITIL Certification
8 7 (0.78%) ISTQB
9 6 (0.67%) Microsoft Certification
10 5 (0.56%) CCA
10 5 (0.56%) CCNA
10 5 (0.56%) PRINCE2 Practitioner
10 5 (0.56%) JNCIA
11 4 (0.45%) CCSA
11 4 (0.45%) CCSE
12 3 (0.33%) GIAC
Quality Assurance & Compliance
1 30 (3.34%) SLA
2 25 (2.78%) Data Quality
3 22 (2.45%) QA
4 13 (1.45%) Sarbanes-Oxley
5 9 (1.00%) PCI DSS
6 6 (0.67%) Basel III
6 6 (0.67%) ISO/IEC 27001
7 4 (0.45%) COREP
7 4 (0.45%) FINREP
8 3 (0.33%) EMIR
8 3 (0.33%) CRD IV
8 3 (0.33%) COBIT
9 2 (0.22%) Dodd-Frank
10 1 (0.11%) MiFID
10 1 (0.11%) FATCA
10 1 (0.11%) P3O
System Software
1 82 (9.13%) Active Directory
2 48 (5.35%) VMware Infrastructure
3 37 (4.12%) Oracle RAC
4 13 (1.45%) vSphere
5 9 (1.00%) vCloud
5 9 (1.00%) NFS
6 8 (0.89%) Microsoft App-V
7 6 (0.67%) VMware ESX
7 6 (0.67%) XenDesktop
8 4 (0.45%) Tivoli Workload Scheduler
8 4 (0.45%) VMware ESXi
8 4 (0.45%) SRDF
9 3 (0.33%) KVM
9 3 (0.33%) ProxySG
9 3 (0.33%) Xen
9 3 (0.33%) Hyper-V
10 2 (0.22%) XenApp
10 2 (0.22%) HDFS
11 1 (0.11%) Platform Symphony
11 1 (0.11%) XenServer
Systems Management
1 34 (3.79%) Control-M
2 31 (3.45%) NetBackup
3 29 (3.23%) Puppet
4 24 (2.67%) Tivoli
5 18 (2.00%) Backup Exec
6 15 (1.67%) Data Guard
7 12 (1.34%) SCOM
7 12 (1.34%) Nagios
7 12 (1.34%) OpenView
8 11 (1.22%) Oracle Identity Management
8 11 (1.22%) HP Quality Center
9 9 (1.00%) Legato
9 9 (1.00%) ARCserve
9 9 (1.00%) EMC NetWorker
10 8 (0.89%) Tivoli NetView
10 8 (0.89%) Netcool
10 8 (0.89%) BMC PATROL
10 8 (0.89%) HP SIM
11 6 (0.67%) Oracle Enterprise Manager
11 6 (0.67%) SCCM
Vendors
1 137 (15.26%) Oracle
2 123 (13.70%) Microsoft
3 69 (7.68%) IBM
4 60 (6.68%) HP
5 57 (6.35%) Remedy
6 54 (6.01%) VMware
7 48 (5.35%) Cisco
8 36 (4.01%) F5
9 31 (3.45%) Veritas
10 26 (2.90%) Citrix
10 26 (2.90%) Juniper
10 26 (2.90%) Sybase
11 25 (2.78%) Reuters
11 25 (2.78%) Bloomberg
12 24 (2.67%) Fidessa
13 23 (2.56%) BMC
14 22 (2.45%) Altiris
15 21 (2.34%) Red Hat
16 20 (2.23%) CheckPoint
16 20 (2.23%) Blue Coat
Cambridgeshire
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 11 hours ago
Birmingham
Progressive Recruitment
Rate: competitive
Posted: 13 hours ago
Basingstoke, Hampshire
Experis Ltd
Rate: £300 - £350 per day
Posted: 15 hours ago
City, London
I.T. Skillfinder
Rate: £200 - £500 per annum
Posted: 18 hours ago
Basingstoke, Hampshire
Experis Ltd
Rate: £350 - £400 per day
Posted: Yesterday
City of London
iKonnect
Rate: £500 - £600 per day
Posted: Yesterday
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 4 days ago
Tunbridge Wells, Kent
Experis Ltd
Rate: £300.00 - £320 per day
Posted: 4 days ago
City of London
Real Staffing
Rate: £400 - £500 per annum + competitive
Posted: 4 days ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: 4 days ago
London
Oliver Bernard
Rate: Up to £900 per day
Posted: 5 days ago
London
iKonnect
Rate: £600 - £700 per day
Posted: 5 days ago
Derby, Derbyshire
Lorien Resourcing
Rate: £8.50 - £9.70 per hour
Posted: 5 days ago
City, London
TEKsystems
Rate: £500 - £525 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £220 - £280 per day
Posted: 6 days ago
London
Venn Group - UK
Rate: 550-600 Per Day
Posted: 6 days ago
Glasgow, Lanarkshire
Experis Ltd
Rate: £250 - £300 per day
Posted: 6 days ago
City, London
Thebes IT
Posted: 6 days ago
London
Aston Carter
Rate: Competitive rate
Posted: 6 days ago