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 1 May 2016 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Financial Institution
Rank 323 324 270
Rank change year-on-year
+1 -54
Contract jobs citing Financial Institution 383 377 422
As % of all contract IT jobs located in the UK 0.69% 0.66% 0.77%
As % of the General category 1.83% 1.72% 1.99%
Number of daily rates quoted 251 231 252
Average daily rate £500 £463 £450
Average daily rate % change year-on-year
+8.10% +2.72%
90% offered a daily rate of more than £350 £320 £275
10% offered a daily rate of more than £638 £650 £625
UK excluding London average daily rate £475 £424 £365
% change year-on-year
+12.09% +16.09%
Number of hourly rates quoted 1 5 6
Average hourly rate £10.44 £16.00 £13.75
Average hourly rate % change year-on-year
-34.75% +16.36%
UK excluding London average hourly rate £10.44 £16.00 £13.50
% change year-on-year
-34.75% +18.51%

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
20919 21950 21211
As % of all contract IT jobs located in the UK 37.43% 38.69% 38.81%
Number of daily rates quoted 13796 13554 13205
Average daily rate £450 £438 £425
Average daily rate % change year-on-year
+2.85% +2.94%
90% offered a daily rate of more than £280 £275 £260
10% offered a daily rate of more than £625 £600 £613
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 476 546 572
Average hourly rate £25.00 £22.50 £23.50
Average hourly rate % change year-on-year
+11.11% -4.25%
90% offered a hourly rate of more than £12.00 £10.58 £11.56
10% offered a hourly rate of more than £47.33 £42.69 £45.00
UK excluding London average hourly rate £28.00 £24.25 £25.75
% change year-on-year
+15.46% -5.82%

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 1 May 2016.

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 1 May 2016. 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 +17 356 £525 +10.52% 123
London +18 292 £525 +10.52% 85
City of London +40 78 £550 +15.78% 31
Scotland -21 26 £475 +24.18% 4
Edinburgh +4 24 £475 +26.66% 1
North West -6 15 £325 -13.33% 7
South West +15 14 £650 +52.49% 1
South East -44 13 £575 +22.99% 6
East of England +21 12 £475 +47.28% 7
Wiltshire - 8 £675 -
Manchester -6 7 £319 -0.39% 7
Cheshire -4 6 £325 -31.57%
Yorkshire -1 5 £438 +16.66% 12
Buckinghamshire -11 5 £575 +48.38%
Milton Keynes -14 5 £575 +48.38%
Essex - 5 - -
Cambridgeshire - 4 £475 - 5
Docklands, London - 4 £500 -
Bristol -1 3 £365 -13.60% 1
Dorset -2 3 £350 -32.69%
Bournemouth -4 3 £350 -32.69%
West Yorkshire -6 3 £400 +6.66% 9
Oxfordshire - 3 £444 -
Knutsford - 3 £325 -
Ipswich - 3 - - 1
Suffolk - 3 - - 1
Canary Wharf +4 2 £450 -10.00%
Leeds +2 2 £400 -13.51% 7
South Yorkshire -5 2 £438 +6.06% 1
Leicestershire -7 2 - -

Financial Institution
Top 30 Related IT Skills

For the 6 months to 1 May 2016, 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.

1 736 (100.00%) Finance
2 240 (32.61%) Banking
3 188 (25.54%) SQL
4 138 (18.75%) Hedge funds
5 127 (17.26%) Agile Software Development
6 122 (16.58%) Windows
7 121 (16.44%) Project Management
8 115 (15.63%) C#
9 113 (15.35%) Microsoft
10 98 (13.32%) Java
10 98 (13.32%) Oracle
11 96 (13.04%) .NET
12 80 (10.87%) Unix
13 74 (10.05%) Linux
14 70 (9.51%) VMware
15 67 (9.10%) Analytical Skills
16 66 (8.97%) ITIL
17 60 (8.15%) Active Directory
18 57 (7.74%) PowerShell
19 55 (7.47%) HTML
20 54 (7.34%) MS Excel
21 49 (6.66%) Stakeholder Management
21 49 (6.66%) Management Information System
22 48 (6.52%) Migration
23 47 (6.39%) ITSM
23 47 (6.39%) Investment Banking
23 47 (6.39%) Service Management
23 47 (6.39%) Windows Server 2012
24 45 (6.11%) VMware Infrastructure
25 44 (5.98%) Degree

Financial Institution
Top Related IT Skills by Category

For the 6 months to 1 May 2016, 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 21 (2.85%) WebLogic
2 19 (2.58%) WebSphere
3 18 (2.45%) SharePoint
4 17 (2.31%) Apache Spark
5 16 (2.17%) SAS
6 15 (2.04%) Oracle HTTP Server
7 12 (1.63%) Blackberry Enterprise Server
8 11 (1.49%) IIS
8 11 (1.49%) LiveLink
9 10 (1.36%) MS Exchange
9 10 (1.36%) WebSphere Application Server
10 7 (0.95%) Apache
10 7 (0.95%) Exchange Server 2010
10 7 (0.95%) OpenStack
11 6 (0.82%) Tomcat
12 5 (0.68%) Confluence
12 5 (0.68%) Exchange Server 2013
12 5 (0.68%) Oracle SOA Suite
12 5 (0.68%) Skype for Business
13 4 (0.54%) Oracle Service Bus
Applications
1 54 (7.34%) MS Excel
2 26 (3.53%) MS PowerPoint
3 24 (3.26%) MS Office
4 21 (2.85%) MS Project
5 9 (1.22%) MS Visio
6 1 (0.14%) Spreadsheet
Business Applications
1 9 (1.22%) Relativity
1 9 (1.22%) Veritas eDiscovery
2 8 (1.09%) Front Arena
2 8 (1.09%) Remedy ITSM
3 7 (0.95%) Oracle Assets
3 7 (0.95%) Oracle General Ledger
3 7 (0.95%) Oracle Payables
4 6 (0.82%) Oracle EBS
4 6 (0.82%) Oracle E-Business Tax
4 6 (0.82%) Oracle Financials
5 3 (0.41%) BASE24
5 3 (0.41%) Documaker
5 3 (0.41%) Oracle FAH
6 2 (0.27%) BusinessWorks
6 2 (0.27%) Dynamics GP
6 2 (0.27%) Eikon
6 2 (0.27%) HFM
6 2 (0.27%) Oracle EBS R12
7 1 (0.14%) Dynamics CRM
7 1 (0.14%) SimCorp Dimension
Cloud Services
1 8 (1.09%) Amazon AWS
2 6 (0.82%) Cloud Computing
3 4 (0.54%) SaaS
4 3 (0.41%) Amazon EC2
5 2 (0.27%) PaaS
6 1 (0.14%) Amazon SQS
6 1 (0.14%) AWS CloudFormation
6 1 (0.14%) AWS Elastic Beanstalk
6 1 (0.14%) GitHub
6 1 (0.14%) Heroku
6 1 (0.14%) IaaS
6 1 (0.14%) Microsoft Azure
6 1 (0.14%) Office 365
6 1 (0.14%) SuccessFactors
Communications & Networking
1 26 (3.53%) HTTP
2 25 (3.40%) NetScaler
3 24 (3.26%) SAN
4 18 (2.45%) DNS
5 17 (2.31%) NAS
6 15 (2.04%) LDAP
7 13 (1.77%) Fibre Channel
7 13 (1.77%) Firewall
8 12 (1.63%) Network Security
8 12 (1.63%) WAN
9 9 (1.22%) BGP
9 9 (1.22%) EIGRP
9 9 (1.22%) LAN
10 8 (1.09%) TCP/IP
11 7 (0.95%) VPN
12 6 (0.82%) Cisco Nexus
12 6 (0.82%) Internet
12 6 (0.82%) Intrusion Detection
12 6 (0.82%) OSPF
13 5 (0.68%) Multicast
Database & Business Intelligence
1 41 (5.57%) SQL Server
2 39 (5.30%) SQL Server Integration Services
3 34 (4.62%) Oracle Database
4 28 (3.80%) Data Warehouse
5 23 (3.13%) Big Data
6 22 (2.99%) Oracle Database 11g
7 20 (2.72%) Hadoop
7 20 (2.72%) SQL Server Reporting Services
8 18 (2.45%) QlikView
9 17 (2.31%) Oracle BI EE
10 13 (1.77%) NoSQL
11 11 (1.49%) Relational Database
12 9 (1.22%) IBM InfoSphere
12 9 (1.22%) SQL Server 2012
13 8 (1.09%) MySQL
13 8 (1.09%) Oracle Reports
13 8 (1.09%) SQL Server 2008
14 7 (0.95%) Apache Hive
14 7 (0.95%) OLAP
14 7 (0.95%) Oracle ODI
Development Applications
1 24 (3.26%) JIRA
2 14 (1.90%) Maven
3 9 (1.22%) Git (software)
4 8 (1.09%) Jenkins
5 6 (0.82%) SoapUI
6 5 (0.68%) Selenium
7 4 (0.54%) HP UFT
7 4 (0.54%) InstallShield
7 4 (0.54%) JUnit
7 4 (0.54%) MSI
7 4 (0.54%) Sonatype Nexus
7 4 (0.54%) Subversion
7 4 (0.54%) Team Foundation Server
7 4 (0.54%) TeamCity
7 4 (0.54%) WinDbg
8 3 (0.41%) Ant
8 3 (0.41%) Gerrit
8 3 (0.41%) Grunt
8 3 (0.41%) Hudson
8 3 (0.41%) JIRA Agile
General
1 736 (100.00%) Finance
2 240 (32.61%) Banking
3 47 (6.39%) Investment Banking
4 38 (5.16%) Retail
5 21 (2.85%) Front Office
6 20 (2.72%) Legal
7 18 (2.45%) Back Office
8 9 (1.22%) General Ledger
9 7 (0.95%) Retail Banking
10 6 (0.82%) Marketing
11 4 (0.54%) Law
11 4 (0.54%) Telecoms
12 3 (0.41%) Private Banking
13 2 (0.27%) Billing
13 2 (0.27%) Corporate Banking
13 2 (0.27%) French Language
13 2 (0.27%) International Banking
13 2 (0.27%) Publishing
14 1 (0.14%) Advertising
14 1 (0.14%) Vietnamese Language
Job Titles
1 192 (26.09%) Developer
2 144 (19.57%) Analyst
3 72 (9.78%) C# Developer
4 64 (8.70%) Project Manager
5 52 (7.07%) .NET Developer
5 52 (7.07%) SQL Developer
6 51 (6.93%) Business Analyst
7 50 (6.79%) Architect
7 50 (6.79%) C# .NET Developer
8 43 (5.84%) Consultant
9 38 (5.16%) Banking Analyst
10 37 (5.03%) Senior Developer
11 24 (3.26%) Java Developer
12 23 (3.13%) ASP.NET MVC Developer
13 22 (2.99%) Administrator
13 22 (2.99%) ASP.NET Developer
14 21 (2.85%) C# ASP.NET Developer
15 19 (2.58%) Senior C# Developer
16 17 (2.31%) Banking Project Manager
16 17 (2.31%) SSIS Developer
Libraries, Frameworks & Software Standards
1 96 (13.04%) .NET
2 55 (7.47%) HTML
3 28 (3.80%) ASP.NET
3 28 (3.80%) XML
4 27 (3.67%) Web Services
5 26 (3.53%) CSS
6 25 (3.40%) HTML5
7 24 (3.26%) AngularJS
8 20 (2.72%) ASP.NET MVC
8 20 (2.72%) Spring
9 18 (2.45%) J2EE
10 16 (2.17%) Middleware
11 15 (2.04%) WPF
12 14 (1.90%) CSS3
12 14 (1.90%) WCF
13 13 (1.77%) jQuery
14 12 (1.63%) Servlets
15 11 (1.49%) JSP
16 10 (1.36%) REST
16 10 (1.36%) SOAP
Miscellaneous
1 138 (18.75%) Hedge funds
2 67 (9.10%) Analytical Skills
3 49 (6.66%) Management Information System
4 43 (5.84%) Data Centre
4 43 (5.84%) Derivative
5 41 (5.57%) Equities
6 35 (4.76%) Clustering
6 35 (4.76%) Fixed Income
7 33 (4.48%) Foreign Exchange (FX)
8 27 (3.67%) Interest Rate Derivative
9 22 (2.99%) User Experience
10 19 (2.58%) Computer Science
11 16 (2.17%) PMI
12 13 (1.77%) CMDB
13 12 (1.63%) Credit Risk
14 10 (1.36%) Mainframe
15 9 (1.22%) Fintech
15 9 (1.22%) Market Risk
16 8 (1.09%) Algorithms
16 8 (1.09%) Mobile Banking
Operating Systems
1 122 (16.58%) Windows
2 80 (10.87%) Unix
3 74 (10.05%) Linux
4 47 (6.39%) Windows Server 2012
5 42 (5.71%) Windows Server
6 21 (2.85%) Windows Server 2008
7 18 (2.45%) Red Hat Enterprise Linux
8 17 (2.31%) Solaris
9 15 (2.04%) Windows 7
10 9 (1.22%) Windows Server 2003
11 7 (0.95%) Data ONTAP
12 5 (0.68%) AIX
13 4 (0.54%) Android
14 3 (0.41%) Apple iOS
15 2 (0.27%) Oracle Linux
15 2 (0.27%) SUSE
16 1 (0.14%) CatOS
16 1 (0.14%) CentOS
16 1 (0.14%) Ubuntu
16 1 (0.14%) Windows 10
Processes & Methodologies
1 127 (17.26%) Agile Software Development
2 121 (16.44%) Project Management
3 66 (8.97%) ITIL
4 49 (6.66%) Stakeholder Management
5 48 (6.52%) Migration
6 47 (6.39%) ITSM
6 47 (6.39%) Service Management
7 42 (5.71%) Change Management
8 40 (5.43%) User Acceptance Testing
9 39 (5.30%) Analytics
9 39 (5.30%) Asset Management
10 37 (5.03%) Business Intelligence
10 37 (5.03%) Risk Management
11 35 (4.76%) Business Analysis
12 33 (4.48%) Service Delivery
12 33 (4.48%) TDD
13 31 (4.21%) MVC
13 31 (4.21%) SOA
14 30 (4.08%) Incident Management
14 30 (4.08%) Multithreading
Programming Languages
1 188 (25.54%) SQL
2 115 (15.63%) C#
3 98 (13.32%) Java
4 57 (7.74%) PowerShell
5 43 (5.84%) JavaScript
5 43 (5.84%) Python
6 19 (2.58%) PL/SQL
7 17 (2.31%) Perl
7 17 (2.31%) Scala
7 17 (2.31%) Shell Script
7 17 (2.31%) VBA
8 16 (2.17%) Ruby
9 13 (1.77%) Bash Shell
10 10 (1.36%) T-SQL
11 7 (0.95%) VBScript
12 5 (0.68%) Erlang
12 5 (0.68%) Groovy
12 5 (0.68%) MATLAB
12 5 (0.68%) PHP
12 5 (0.68%) R
Qualifications
1 44 (5.98%) Degree
2 28 (3.80%) PMI Certification
3 26 (3.53%) PRINCE2 Certification
4 16 (2.17%) Cisco Certification
5 14 (1.90%) CCNP
5 14 (1.90%) PMP
6 13 (1.77%) CISSP
7 8 (1.09%) CCNA
8 5 (0.68%) ITIL Certification
8 5 (0.68%) RHCA
8 5 (0.68%) RHCE
9 4 (0.54%) CISM
9 4 (0.54%) GCIA
9 4 (0.54%) GCIH
10 3 (0.41%) CCIE
10 3 (0.41%) EMCISA
10 3 (0.41%) EMCSA
10 3 (0.41%) GIAC
10 3 (0.41%) ISEB
10 3 (0.41%) Security Cleared
Quality Assurance & Compliance
1 27 (3.67%) Data Quality
2 24 (3.26%) QA
3 15 (2.04%) SLA
4 12 (1.63%) SEPA
5 11 (1.49%) ISO/IEC 27001
6 10 (1.36%) COBIT
7 6 (0.82%) FATCA
7 6 (0.82%) PCI DSS
8 5 (0.68%) ISO20022
9 4 (0.54%) EMIR
10 3 (0.41%) Dodd-Frank
10 3 (0.41%) MiFID
11 2 (0.27%) COSO
11 2 (0.27%) Sarbanes-Oxley
11 2 (0.27%) SAS 70
12 1 (0.14%) Basel III
12 1 (0.14%) Disclosure Scotland
12 1 (0.14%) RMADS
System Software
1 60 (8.15%) Active Directory
2 45 (6.11%) VMware Infrastructure
3 18 (2.45%) vSphere
4 15 (2.04%) NFS
5 13 (1.77%) XenApp
5 13 (1.77%) XenDesktop
6 11 (1.49%) Hyper-V
7 10 (1.36%) RACF
8 9 (1.22%) Microsoft App-V
9 8 (1.09%) VMware ESXi
10 6 (0.82%) Veritas Cluster Server
10 6 (0.82%) Veritas File System
10 6 (0.82%) Veritas Volume Manager
11 5 (0.68%) VMware ESX
12 4 (0.54%) BitLocker
12 4 (0.54%) GFS2
12 4 (0.54%) GlusterFS
12 4 (0.54%) OCFS2
12 4 (0.54%) Oracle RAC
13 3 (0.41%) vCloud
Systems Management
1 21 (2.85%) SCCM
2 19 (2.58%) SCOM
3 17 (2.31%) Control-M
3 17 (2.31%) HP Operations Orchestration
4 13 (1.77%) Puppet
5 11 (1.49%) Tivoli
6 10 (1.36%) Backup Exec
6 10 (1.36%) CA Single Sign-On
6 10 (1.36%) NetBackup
7 9 (1.22%) EdgeSight
7 9 (1.22%) EnCase
7 9 (1.22%) FTK
7 9 (1.22%) HP SIM
7 9 (1.22%) Nagios
8 7 (0.95%) Data Guard
9 6 (0.82%) Oracle Enterprise Manager
9 6 (0.82%) Oracle RMAN
9 6 (0.82%) TADDM
10 5 (0.68%) Norton AntiVirus
10 5 (0.68%) Symantec Enterprise Vault
Vendors
1 113 (15.35%) Microsoft
2 98 (13.32%) Oracle
3 70 (9.51%) VMware
4 40 (5.43%) Citrix
5 39 (5.30%) HP
6 31 (4.21%) IBM
7 26 (3.53%) Cisco
8 24 (3.26%) Veritas
9 23 (3.13%) ServiceNow
10 22 (2.99%) Siebel
11 19 (2.58%) CA
12 16 (2.17%) BMC
12 16 (2.17%) NetApp
12 16 (2.17%) Tableau
13 14 (1.90%) DevExpress
13 14 (1.90%) Red Hat
14 13 (1.77%) AppSense
14 13 (1.77%) EMC
14 13 (1.77%) Informatica
15 12 (1.63%) OpenText
City, London
TEKsystems
Rate: £575 - £700 per day
Posted: Yesterday
City, London
Thebes IT
Rate: £450 - £500 per day
Posted: 2 days ago
London
Elevate Direct
Rate: From £500 to £540 per day
Posted: 2 days ago
London
Hydrogen Group
Rate: £300 - £400.00 per day
Posted: 3 days ago
Derby, Derbyshire
Lorien Resourcing
Rate: £8.61 - £9.41 per annum
Posted: 4 days ago
City, London
Thebes IT
Rate: £400 - £425 per day
Posted: 4 days ago
Welwyn Garden City, Hertfordshire
Absolute Solution Limited
Rate: From £45,000 to £48,000 per annum plus bonus and excellent bens
Posted: 4 days ago
Derby, Derbyshire
Lorien Resourcing
Rate: £7.39 - £9.00 per hour
Posted: 4 days ago
Derby, Derbyshire
Lorien Resourcing
Rate: £8.61 - £9.41 per annum
Posted: 5 days ago
Leeds, West Yorkshire
Testing Circle Ltd
Rate: £0.00 per annum
Posted: 6 days ago
City of London
iKas International
Posted: 11 days ago
Sheffield
Annapurna HR
Rate: £400 - £500 per day
Posted: 18 days ago
London
Orgtel
Rate: £650 - £750 per day
Posted: 21 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £550.00 per day
Posted: 23 days ago
City of London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day + 6 month term
Posted: 23 days ago
London
Hays London City Cheapside
Rate: £400.00 - £450.00 per day
Posted: 25 days ago
Bristol
Computer Futures
Rate: £300 - £400 per day + competitive
Posted: 27 days ago