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 28 August 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
28 Aug 2014
Same period 2013 Same period 2012
Financial Institution
Rank 243 226 199
Rank change year-on-year
-17 -27
Contract jobs citing Financial Institution 479 462 570
As % of all contract IT jobs located in the UK 0.86% 0.88% 0.98%
As % of the General category 2.23% 2.06% 2.22%
Number of daily rates quoted 236 311 361
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £475 £420
Average daily rate % change year-on-year
- +13.09%
90% offered a daily rate of more than £305 £315 £260
10% offered a daily rate of more than £625 £625 £575
UK excluding London average daily rate £350 £375 £375
% change year-on-year
-6.66% -
Number of hourly rates quoted 6 7 10
Average hourly rate £9.57 £20.00 £18.68
Average hourly rate % change year-on-year
-52.13% +7.05%
90% offered a hourly rate of more than £8.94 £15.20 £9.74
10% offered a hourly rate of more than £9.94 £52.60 £45.75
UK excluding London average hourly rate £9.57 £11.00 £10.89
% change year-on-year
-12.97% +1.05%

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
21491 22424 25623
As % of all contract IT jobs located in the UK 38.62% 42.58% 44.28%
Number of daily rates quoted 13179 13868 15252
Average daily rate £428 £450 £425
Average daily rate % change year-on-year
-5.00% +5.88%
90% offered a daily rate of more than £270 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 527 596 734
Average hourly rate £21.15 £22.00 £25.00
Average hourly rate % change year-on-year
-3.86% -12.00%
90% offered a hourly rate of more than £11.00 £11.75 £12.00
10% offered a hourly rate of more than £42.00 £44.97 £49.80
UK excluding London average hourly rate £22.50 £22.50 £29.00
% change year-on-year
- -22.41%

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 28 August 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 28 August 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 -9 457 £475 - 131
London +20 367 £500 - 96
City of London 0 83 £500 -0.09% 53
South East +7 44 £376 -16.38% 11
Buckinghamshire +16 20 £425 +47.82%
Milton Keynes +7 16 £425 +47.82%
Scotland -17 13 £350 +16.66% 2
North West -1 11 £325 +116.66% 11
Hampshire -1 10 £338 -35.71% 4
East of England -18 10 £190 - 5
East Midlands -1 9 £268 -10.83% 1
South West -48 9 £325 -15.03% 1
Bristol - 8 £325 - 1
Hertfordshire - 7 £190 - 5
Glasgow -6 6 £350 -12.50%
Manchester -6 6 £375 +150.00% 5
County Antrim +5 5 £313 +13.63% 1
Belfast +5 5 £313 +13.63% 1
Northern Ireland +2 5 £313 +13.63% 1
Kent -5 4 £710 +49.47%
Edinburgh -20 4 £400 +36.17% 1
Berkshire +7 3 £450 -15.29% 1
Yorkshire +1 3 £438 +16.66% 3
Birmingham -1 3 £700 +83.00% 1
Brighton -3 3 £415 -36.15%
Surrey -3 3 £526 +75.16% 2
East Sussex -5 3 £415 -36.15%
Cheshire -7 3 £325 - 4
West Midlands -9 3 £700 +77.21% 2
Suffolk - 3 £388 -

Financial Institution
Top 30 Related IT Skills

For the 6 months to 28 August 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.

1 891 (100.00%) Finance
2 265 (29.74%) Banking
3 223 (25.03%) Hedge funds
4 185 (20.76%) SQL
5 174 (19.53%) UNIX
6 145 (16.27%) Windows
7 127 (14.25%) Oracle
8 124 (13.92%) Microsoft
9 119 (13.36%) Linux
10 116 (13.02%) Investment Banking
11 96 (10.77%) Project Management
12 88 (9.88%) Java
13 85 (9.54%) Active Directory
14 79 (8.87%) MS Excel
15 78 (8.75%) Front Office
16 72 (8.08%) Migration
17 70 (7.86%) IBM
18 66 (7.41%) SQL Server
19 61 (6.85%) Firewall
19 61 (6.85%) Agile Software Development
20 59 (6.62%) HP
21 55 (6.17%) VMware
21 55 (6.17%) Business Analysis
22 54 (6.06%) C#
23 53 (5.95%) MS Office
23 53 (5.95%) Remedy
24 52 (5.84%) Degree
24 52 (5.84%) User Acceptance Testing
25 51 (5.72%) Windows 7
26 50 (5.61%) Cisco

Financial Institution
Top Related IT Skills by Category

For the 6 months to 28 August 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 47 (5.27%) WebLogic
2 45 (5.05%) WebSphere
3 39 (4.38%) SharePoint
4 21 (2.36%) CMS
5 20 (2.24%) IIS
6 17 (1.91%) SAS
7 10 (1.12%) MS Exchange
7 10 (1.12%) Blackberry Enterprise Server
8 9 (1.01%) Oracle Service Bus
8 9 (1.01%) WebLogic Portal
8 9 (1.01%) Joomla!
8 9 (1.01%) Oracle Coherence
9 8 (0.90%) WebSphere Application Server
9 8 (0.90%) Apache
9 8 (0.90%) SharePoint 2010
10 7 (0.79%) Oracle SOA Suite
10 7 (0.79%) Oracle HTTP Server
11 6 (0.67%) Tomcat
11 6 (0.67%) Adobe CQ
11 6 (0.67%) Lync
Applications
1 79 (8.87%) MS Excel
2 53 (5.95%) MS Office
3 29 (3.25%) MS Project
4 22 (2.47%) MS PowerPoint
5 15 (1.68%) MS Visio
6 2 (0.22%) Photoshop
6 2 (0.22%) Adobe Captivate
6 2 (0.22%) Mathematica
7 1 (0.11%) Spreadsheet
7 1 (0.11%) SPSS
Business Applications
1 30 (3.37%) Oracle EBS
2 10 (1.12%) Oracle BPM
3 9 (1.01%) Oracle FAH
4 8 (0.90%) RMDS
4 8 (0.90%) Cognos Business Intelligence
5 7 (0.79%) Documaker
6 5 (0.56%) Dynamics CRM
7 4 (0.45%) Google Analytics
8 3 (0.34%) Markit EDM
9 2 (0.22%) Temenos T24
9 2 (0.22%) Eagle PACE
9 2 (0.22%) ION MarketView
9 2 (0.22%) Remedy ITSM
9 2 (0.22%) Kondor+
9 2 (0.22%) Summit
10 1 (0.11%) HFM
10 1 (0.11%) Oracle ERP
10 1 (0.11%) SAP MDM
10 1 (0.11%) Cognos TM1
10 1 (0.11%) assyst
Cloud Services
1 20 (2.24%) Amazon EC2
1 20 (2.24%) Amazon AWS
2 3 (0.34%) PaaS
2 3 (0.34%) IaaS
3 2 (0.22%) Cloud Computing
4 1 (0.11%) Amazon EMR
Communications & Networking
1 61 (6.85%) Firewall
2 32 (3.59%) VPN
2 32 (3.59%) DNS
3 29 (3.25%) TCP/IP
4 28 (3.14%) Internet
5 27 (3.03%) WAN
6 26 (2.92%) HTTP
6 26 (2.92%) Multicast
7 23 (2.58%) SSL
8 20 (2.24%) Intranet
9 18 (2.02%) SAN
10 16 (1.80%) NetScreen
11 14 (1.57%) LAN
12 11 (1.23%) HTTPS
12 11 (1.23%) Network Security
13 10 (1.12%) VLAN
14 9 (1.01%) SNMP
14 9 (1.01%) iSCSI
14 9 (1.01%) NAS
14 9 (1.01%) FCoE
Database & Business Intelligence
1 66 (7.41%) SQL Server
2 47 (5.27%) Oracle Database
3 30 (3.37%) Oracle Database 10g
4 29 (3.25%) SQL Server Integration Services
5 26 (2.92%) SQL Server Reporting Services
6 24 (2.69%) Data Warehouse
7 22 (2.47%) SQL Server 2008
8 21 (2.36%) Oracle Exadata
9 19 (2.13%) Oracle Database 11g
10 16 (1.80%) Relational Database
11 15 (1.68%) SQL Server Analysis Services
12 13 (1.46%) Oracle ODI
13 11 (1.23%) Oracle BI EE
14 10 (1.12%) RDBMS
15 9 (1.01%) DB2
16 8 (0.90%) OLAP
16 8 (0.90%) SQL Server 2012
17 7 (0.79%) Oracle Database 12c
17 7 (0.79%) Oracle BI Publisher
17 7 (0.79%) Sybase ASE
Development Applications
1 38 (4.26%) JIRA
2 14 (1.57%) Maven
3 11 (1.23%) Eclipse
4 10 (1.12%) Subversion
5 7 (0.79%) TeamCity
6 6 (0.67%) Git (software)
7 5 (0.56%) Team Foundation Server
7 5 (0.56%) Selenium
8 4 (0.45%) Visual Studio
8 4 (0.45%) Jasmine
9 3 (0.34%) Karma Test Runner
9 3 (0.34%) Ant
10 2 (0.22%) TestComplete
10 2 (0.22%) Bugzilla
11 1 (0.11%) CruiseControl
11 1 (0.11%) Talend Open Studio
11 1 (0.11%) FitNesse
11 1 (0.11%) JUnit
11 1 (0.11%) VSS/SourceSafe
11 1 (0.11%) ClearCase
General
1 891 (100.00%) Finance
2 265 (29.74%) Banking
3 116 (13.02%) Investment Banking
4 78 (8.75%) Front Office
5 27 (3.03%) Retail
6 22 (2.47%) Legal
7 16 (1.80%) Back Office
8 13 (1.46%) Marketing
9 12 (1.35%) Telecoms
10 10 (1.12%) Billing
11 6 (0.67%) Retail Banking
12 5 (0.56%) Corporate Banking
13 4 (0.45%) German Language
13 4 (0.45%) Spanish Language
14 3 (0.34%) Private Banking
14 3 (0.34%) French Language
14 3 (0.34%) Publishing
15 1 (0.11%) Games
15 1 (0.11%) Advertising
15 1 (0.11%) Automotive
Job Titles
1 226 (25.36%) Analyst
2 180 (20.20%) Developer
3 84 (9.43%) Business Analyst
4 80 (8.98%) Project Manager
5 45 (5.05%) Consultant
6 38 (4.26%) Java Developer
7 32 (3.59%) Operations Analyst
8 28 (3.14%) Data Analyst
9 26 (2.92%) DBA
10 25 (2.81%) Architect
10 25 (2.81%) C++ Developer
11 24 (2.69%) Network Engineer
12 23 (2.58%) Support Analyst
13 19 (2.13%) Desktop Support
14 17 (1.91%) Support Engineer
14 17 (1.91%) Linux Engineer
15 16 (1.80%) Senior Analyst
15 16 (1.80%) Junior
16 15 (1.68%) Oracle DBA
16 15 (1.68%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 44 (4.94%) .NET
2 38 (4.26%) HTML
2 38 (4.26%) Middleware
3 34 (3.82%) CSS
4 32 (3.59%) XML
5 29 (3.25%) WebSphere MQ
6 26 (2.92%) Spring
7 25 (2.81%) ASP.NET
8 17 (1.91%) Web Services
9 16 (1.80%) jQuery
10 15 (1.68%) Oracle Fusion
10 15 (1.68%) JMS
11 13 (1.46%) SOAP
11 13 (1.46%) WebCenter
12 12 (1.35%) HTML5
13 10 (1.12%) WCF
13 10 (1.12%) Hibernate
14 9 (1.01%) JDBC
14 9 (1.01%) J2EE
15 8 (0.90%) Ruby on Rails
Miscellaneous
1 223 (25.03%) Hedge funds
2 46 (5.16%) Management Information System
3 37 (4.15%) Equities
4 34 (3.82%) Clustering
5 33 (3.70%) Fixed Income
6 25 (2.81%) Foreign Exchange (FX)
7 24 (2.69%) Derivative
8 19 (2.13%) Blackberry
9 17 (1.91%) Computer Science
10 16 (1.80%) Credit Risk
11 12 (1.35%) Replication
11 12 (1.35%) Economics
11 12 (1.35%) AS400
12 11 (1.23%) E-Learning
12 11 (1.23%) Client/Server
13 10 (1.12%) Tandem
13 10 (1.12%) Market Risk
14 9 (1.01%) Mainframe
15 8 (0.90%) PMI
15 8 (0.90%) SecurID
Operating Systems
1 174 (19.53%) UNIX
2 145 (16.27%) Windows
3 119 (13.36%) Linux
4 51 (5.72%) Windows 7
5 35 (3.93%) Solaris
6 26 (2.92%) Windows XP
7 20 (2.24%) SELinux
8 16 (1.80%) Red Hat Enterprise Linux
9 13 (1.46%) Windows Server 2003
9 13 (1.46%) Windows Server 2008
10 11 (1.23%) zOS
10 11 (1.23%) AIX
11 10 (1.12%) VMS
12 4 (0.45%) HPUX
13 3 (0.34%) MVS
13 3 (0.34%) SUSE
13 3 (0.34%) Android
13 3 (0.34%) Apple iOS
14 2 (0.22%) Windows Server 2012
14 2 (0.22%) Mac OS
Processes & Methodologies
1 96 (10.77%) Project Management
2 72 (8.08%) Migration
3 61 (6.85%) Agile Software Development
4 55 (6.17%) Business Analysis
5 52 (5.84%) User Acceptance Testing
6 50 (5.61%) Stakeholder Management
6 50 (5.61%) Business Intelligence
7 48 (5.39%) PRINCE2
8 44 (4.94%) Risk Management
9 42 (4.71%) Asset Management
10 41 (4.60%) Change Management
11 39 (4.38%) ITIL
12 37 (4.15%) SOA
13 35 (3.93%) Data Analysis
14 33 (3.70%) Configuration Management
14 33 (3.70%) Service Delivery
14 33 (3.70%) Incident Management
15 32 (3.59%) Performance Tuning
16 29 (3.25%) Data Management
16 29 (3.25%) Information Security
Programming Languages
1 185 (20.76%) SQL
2 88 (9.88%) Java
3 54 (6.06%) C#
4 42 (4.71%) Bash Shell
5 37 (4.15%) Python
6 33 (3.70%) JavaScript
7 32 (3.59%) C++
8 30 (3.37%) T-SQL
8 30 (3.37%) Ruby
9 26 (2.92%) C
10 24 (2.69%) Perl
11 23 (2.58%) PL/SQL
12 21 (2.36%) VBA
12 21 (2.36%) Shell Script
13 17 (1.91%) PowerShell
13 17 (1.91%) VB
14 9 (1.01%) Jython
15 7 (0.79%) WebLogic Scripting Tool
16 6 (0.67%) Scala
16 6 (0.67%) Korn
Qualifications
1 52 (5.84%) Degree
2 27 (3.03%) Cisco Certification
3 26 (2.92%) CISSP
4 20 (2.24%) PMI Certification
5 17 (1.91%) CISM
6 16 (1.80%) CCNP
6 16 (1.80%) ISEB
6 16 (1.80%) JNCIS
7 14 (1.57%) PMP
8 11 (1.23%) CISA
9 7 (0.79%) ITIL Certification
9 7 (0.79%) ISTQB
10 6 (0.67%) JNCIA
10 6 (0.67%) Microsoft Certification
10 6 (0.67%) CCNA
11 5 (0.56%) PRINCE2 Practitioner
12 4 (0.45%) CCSA
12 4 (0.45%) CCIE
12 4 (0.45%) CCA
12 4 (0.45%) CCSE
Quality Assurance & Compliance
1 29 (3.25%) SLA
2 22 (2.47%) QA
3 21 (2.36%) Data Quality
4 15 (1.68%) Sarbanes-Oxley
5 10 (1.12%) PCI DSS
6 6 (0.67%) Basel III
7 4 (0.45%) EMIR
7 4 (0.45%) COREP
7 4 (0.45%) FINREP
8 3 (0.34%) CRD IV
8 3 (0.34%) ISO/IEC 27001
9 2 (0.22%) Dodd-Frank
10 1 (0.11%) COBIT
10 1 (0.11%) MiFID
10 1 (0.11%) FATCA
10 1 (0.11%) P3O
System Software
1 85 (9.54%) Active Directory
2 48 (5.39%) VMware Infrastructure
3 36 (4.04%) Oracle RAC
4 13 (1.46%) vSphere
5 10 (1.12%) Microsoft App-V
6 9 (1.01%) NFS
6 9 (1.01%) vCloud
7 8 (0.90%) XenDesktop
8 6 (0.67%) VMware ESX
9 4 (0.45%) Tivoli Workload Scheduler
9 4 (0.45%) SRDF
9 4 (0.45%) VMware ESXi
10 3 (0.34%) Hyper-V
10 3 (0.34%) Xen
10 3 (0.34%) KVM
11 2 (0.22%) HDFS
11 2 (0.22%) ProxySG
11 2 (0.22%) XenApp
12 1 (0.11%) XenServer
12 1 (0.11%) Squid
Systems Management
1 33 (3.70%) Control-M
2 30 (3.37%) NetBackup
3 29 (3.25%) Puppet
4 25 (2.81%) Tivoli
5 18 (2.02%) Backup Exec
6 15 (1.68%) Data Guard
7 14 (1.57%) SCOM
8 12 (1.35%) Nagios
8 12 (1.35%) OpenView
9 10 (1.12%) HP Quality Center
10 9 (1.01%) Oracle Identity Management
10 9 (1.01%) ARCserve
10 9 (1.01%) EMC NetWorker
10 9 (1.01%) SCCM
11 8 (0.90%) Legato
11 8 (0.90%) Tivoli NetView
11 8 (0.90%) Netcool
11 8 (0.90%) BMC PATROL
11 8 (0.90%) HP SIM
12 5 (0.56%) Oracle Enterprise Manager
Vendors
1 127 (14.25%) Oracle
2 124 (13.92%) Microsoft
3 70 (7.86%) IBM
4 59 (6.62%) HP
5 55 (6.17%) VMware
6 53 (5.95%) Remedy
7 50 (5.61%) Cisco
8 36 (4.04%) F5
9 30 (3.37%) Veritas
10 28 (3.14%) Citrix
11 27 (3.03%) Juniper
11 27 (3.03%) Reuters
11 27 (3.03%) Bloomberg
12 24 (2.69%) Sybase
13 23 (2.58%) Fidessa
13 23 (2.58%) Altiris
14 22 (2.47%) BMC
15 20 (2.24%) Blue Coat
15 20 (2.24%) CheckPoint
16 19 (2.13%) EMC
London
Parallel Consulting
Rate: £380 - £385 per day
Posted: 6 hours ago
Derby, Derbyshire
Lorien Resourcing
Rate: £8.50 - £9.70 per hour
Posted: 10 hours ago
London
Explore Recruitment Solutions
Rate: £275 - £300 per day
Posted: 17 hours ago
Oxford, Oxfordshire
Candidate Source
Rate: £240 per day DOE
Posted: Yesterday
Bristol, Avon
Parallel Consulting
Rate: £400 - £600 per annum
Posted: 2 days ago
City of London
Orgtel
Rate: £600 - £900 per day
Posted: 2 days ago
Cardiff, South Glamorgan
Experis Ltd
Rate: £400 - £450 per day
Posted: 2 days ago
City, London
Thebes IT
Posted: 6 days ago
City, London
Thebes IT
Posted: 6 days ago
City, London
Experis Ltd
Rate: £280 - £320 per day
Posted: 6 days ago
Stirlingshire
Sanderson
Posted: 7 days ago
London
Hays IT - Uk Posting account
Rate: £450.00 - £550.00 per day
Posted: 7 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 7 days ago
London
CLIENT SERVER
Rate: £500 - £550 p/day
Posted: 7 days ago
West London
Mint Recruitment Solutions
Rate: £300 - £400 per day
Posted: 8 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £500.00 per annum
Posted: 9 days ago
City of London
Hays IT - Uk Posting account
Rate: £350.00 - £425.00 per day
Posted: 9 days ago
City of London
Claremont Consulting Limited
Rate: £340 - £350 per day
Posted: 9 days ago
City of London
Claremont Consulting Limited
Rate: £340 - £350 per day
Posted: 9 days ago
Hertfordshire
Claremont Consulting Limited
Rate: £180.00 - £200.00 per day
Posted: 9 days ago