The first part of 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 May 2012 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category.

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.

Financial Institution
Location
3 months to
16 May 2012
Same period 2011Same period 2010
Rank148177184
Rank change year-on-year
Up+29Up+7
Matching contract IT job ads760653493
As % of all contract IT jobs located in the UK1.284 %1.064 %0.895 %
As % of the General category2.843 %2.132 %1.865 %
Number of daily rates quoted446391297
Average daily rate£425£490£450
Average daily rate % change year-on-year
-13.17 %+8.77 %
90% of contracts offered a daily rate of more than£274£325£300
10% of contracts offered a daily rate of more than£578£625£663
UK excluding London average daily rate£378£400£370
% change year-on-year
-5.62 %+8.10 %
Number of hourly rates quoted151112
Average hourly rate£22.00£37.50£18.00
Average hourly rate % change year-on-year
-41.33 %+108.33 %
90% of contracts offered a hourly rate of more than£9.99£17.00£7.75
10% of contracts offered a hourly rate of more than£26.63£50.00£40.00
UK excluding London average hourly rate£22.00£17.00£11.88
% change year-on-year
+29.41 %+43.15 %
IT Contractor Job Market, General CategoryAll General Category
UK
Contract IT job ads with a match in the
General category
267373063526441
As % of all contract IT jobs located in the UK45.17 %49.92 %48.02 %
Number of daily rates quoted158851836014057
Average daily rate£425£500£475
Average daily rate % change year-on-year
-15.00 %+5.26 %
90% of contracts offered a daily rate of more than£275£300£288
10% of contracts offered a daily rate of more than£600£650£625
UK excluding London average daily rate£375£375£350
% change year-on-year
-+7.14 %
Number of hourly rates quoted765923841
Average hourly rate£23.00£25.00£22.50
Average hourly rate % change year-on-year
-8.00 %+11.11 %
90% of contracts offered a hourly rate of more than£12.00£11.50£11.00
10% of contracts offered a hourly rate of more than£42.50£41.00£40.00
UK excluding London average hourly rate£25.00£26.00£22.50
% change year-on-year
-3.84 %+15.55 %

Financial Institution
Demand Trend

The 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 Demand Trend

Financial Institution
Daily Rate Trend

The 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

Financial Institution
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution within the UK over the 3 months to 16 May 2012.

Financial Institution Daily Rate Histogram

Financial Institution
Hourly Rate Trend

The 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

Financial Institution
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Financial Institution within the UK over the 3 months to 16 May 2012.

Financial Institution Hourly Rate Histogram

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 May 2012. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandUp+29720£425-15.00 %
LondonUp+19530£448-14.76 %
City of LondonUp+27160£475-
South WestUp+3569£390+2.29 %
South EastUp+2433£300-33.33 %
North WestUp+1632£305-18.66 %
East of EnglandNo change032£350+9.37 %
ScotlandDown-1726£350+7.69 %
EdinburghNo change022£353+17.50 %
East AngliaUp+718--
YorkshireDown-2816£456+1.38 %
ManchesterDown-813£305-39.00 %
GloucestershireDown-1010£400-36.00 %
West YorkshireDown-2310£431+15.30 %
KentNew entry-10£138-
FolkestoneNew entry-10£138-
HampshireUp+119£425-
East MidlandsUp+49£370-20.85 %
GloucesterDown-208£400-36.00 %
NorwichDown-37--
NorfolkDown-157--
County AntrimUp+256£400-
Northern IrelandUp+246£400-
BelfastUp+216£400-
BuckinghamshireDown-25£375+50.00 %
West MidlandsDown-115£438-35.18 %
LeedsDown-185£438+9.37 %
LiverpoolNew entry-5--
BristolNew entry-5£398-
NottinghamNew entry-5£300-

Financial Institution
Top 30 Related IT Skills

For the 6 months to 16 May 2012, 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.

11229 (100.00 %)Finance
2537 (43.69 %)Banking
3222 (18.06 %)Investment Banking
4220 (17.90 %)Project Management
5206 (16.76 %)Hedge funds
6201 (16.35 %)SQL
7170 (13.83 %)Windows
8143 (11.64 %)UNIX
9136 (11.07 %)Microsoft
10131 (10.66 %)Oracle
11128 (10.41 %)Stakeholder Management
12124 (10.09 %)MS Office
13122 (9.927 %)MS Excel
13122 (9.927 %)Migration
14119 (9.683 %)Retail
15104 (8.462 %)Risk Management
16103 (8.381 %)Linux
16103 (8.381 %)Retail Banking
17100 (8.137 %)ITIL
1899 (8.055 %)Java
1998 (7.974 %)PRINCE2
2097 (7.893 %)Change Management
2194 (7.648 %)Front Office
2292 (7.486 %)C#
2390 (7.323 %).NET
2489 (7.242 %)Derivative
2580 (6.509 %)Business Analysis
2673 (5.940 %)Degree
2772 (5.858 %)Fixed Income
2870 (5.696 %)SQL Server

Financial Institution
Top Related IT Skills by Category

For the 6 months to 16 May 2012, 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.

IT Contractor Job Market, Application Development CategoryApplication Development
190 (7.323 %).NET
250 (4.068 %)XML
334 (2.766 %)Middleware
423 (1.871 %)Spring
522 (1.790 %)ASP
522 (1.790 %)WebSphere
620 (1.627 %)Web Services
719 (1.546 %)CSS
719 (1.546 %)ASP.NET
817 (1.383 %)Application Packaging
817 (1.383 %)Hibernate
916 (1.302 %)HTML
1014 (1.139 %)J2EE
1113 (1.058 %)SOAP
1212 (0.976 %)FIXML
1212 (0.976 %)WPF
1311 (0.895 %)MDX
1311 (0.895 %)WCF
1410 (0.814 %)JMS
1410 (0.814 %)DCOM
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
133 (2.685 %)SharePoint
216 (1.302 %)BizTalk Server
315 (1.221 %)CMS
413 (1.058 %)MS Exchange
512 (0.976 %)Apache
512 (0.976 %)SAS
611 (0.895 %)Tomcat
79 (0.732 %)Blackberry Enterprise Server
79 (0.732 %)IIS
88 (0.651 %)WebSphere Application Server
88 (0.651 %)TIBCO EMS
88 (0.651 %)WebSphere Portal
96 (0.488 %)WebSphere MQ
96 (0.488 %)Exchange Server 2003
96 (0.488 %)Exchange Server 2010
96 (0.488 %)Progress Apama
105 (0.407 %)Exchange Server 2007
105 (0.407 %)Rendezvous
114 (0.325 %)SharePoint 2010
114 (0.325 %)WebSphere Message Broker
IT Contractor Job Market, Applications CategoryApplications
1124 (10.09 %)MS Office
2122 (9.927 %)MS Excel
336 (2.929 %)MS Visio
433 (2.685 %)Spreadsheet
532 (2.604 %)MS PowerPoint
621 (1.709 %)MS Project
71 (0.081 %)InfoPath
IT Contractor Job Market, Business Applications CategoryBusiness Applications
120 (1.627 %)assyst
212 (0.976 %)Temenos T24
311 (0.895 %)SAP GTS
410 (0.814 %)SimCorp Dimension
56 (0.488 %)SAP FI
64 (0.325 %)BusinessWorks
64 (0.325 %)Oracle Financials
64 (0.325 %)Oracle EBS
64 (0.325 %)HFM
64 (0.325 %)Oracle EBS R12
64 (0.325 %)Hyperion Planning
73 (0.244 %)SunGard Stream Clearvision
73 (0.244 %)Summit
82 (0.163 %)SAP MM
82 (0.163 %)SAP FI/CO
82 (0.163 %)SAP CO
82 (0.163 %)Dynamics CRM
82 (0.163 %)Hyperion Enterprise
82 (0.163 %)RMDS
82 (0.163 %)3000 Xtra
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
165 (5.289 %)Firewall
251 (4.150 %)LAN
343 (3.499 %)LDAP
442 (3.417 %)Internet
539 (3.173 %)SAN
638 (3.092 %)WAN
729 (2.360 %)Network Security
828 (2.278 %)TCP/IP
922 (1.790 %)HTTP
922 (1.790 %)Intranet
1020 (1.627 %)DNS
1117 (1.383 %)NetScaler
1216 (1.302 %)VoIP
1216 (1.302 %)NetScreen
1216 (1.302 %)VLAN
1315 (1.221 %)SSL
1414 (1.139 %)MPLS
1513 (1.058 %)H.323
1513 (1.058 %)Extranet
1513 (1.058 %)CTI
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
170 (5.696 %)SQL Server
233 (2.685 %)Data Warehouse
233 (2.685 %)ETL
328 (2.278 %)SQL Server Analysis Services
423 (1.871 %)SQL Server 2008
521 (1.709 %)SQL Server Reporting Services
619 (1.546 %)SQL Server 2005
619 (1.546 %)SQL Server Integration Services
718 (1.465 %)MS Access
816 (1.302 %)OLAP
816 (1.302 %)Oracle 11g
914 (1.139 %)Microsoft Analysis Services
1013 (1.058 %)Oracle BI EE
1111 (0.895 %)Sybase ASE
1111 (0.895 %)Sybase IQ
1111 (0.895 %)DB2
1210 (0.814 %)Oracle Reports
1210 (0.814 %)Oracle 10g
1210 (0.814 %)PowerCenter
1210 (0.814 %)DataStage
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
121 (1.709 %)Maven
218 (1.465 %)Subversion
310 (0.814 %)JUnit
47 (0.570 %)JIRA
56 (0.488 %)Hudson
56 (0.488 %)TeamCity
65 (0.407 %)Visual Studio
74 (0.325 %)Firebug
83 (0.244 %)Selenium
83 (0.244 %)IEF
83 (0.244 %)Ant
83 (0.244 %)Oracle Forms
92 (0.163 %)TestDirector
92 (0.163 %)QuickTest Pro
92 (0.163 %)MSI
92 (0.163 %)ClearCase
92 (0.163 %)Eclipse
92 (0.163 %)jMock
92 (0.163 %)NUnit
92 (0.163 %)Team Foundation Server
IT Contractor Job Market, General CategoryGeneral
11229 (100.00 %)Finance
2537 (43.69 %)Banking
3222 (18.06 %)Investment Banking
4119 (9.683 %)Retail
5103 (8.381 %)Retail Banking
694 (7.648 %)Front Office
720 (1.627 %)Back Office
819 (1.546 %)German Language
819 (1.546 %)Telecoms
914 (1.139 %)Marketing
1013 (1.058 %)Legal
119 (0.732 %)Law
128 (0.651 %)General Ledger
137 (0.570 %)Corporate Banking
137 (0.570 %)Spanish Language
145 (0.407 %)Wholesale Banking
145 (0.407 %)French Language
154 (0.325 %)Italian Language
154 (0.325 %)Billing
163 (0.244 %)Music
IT Contractor Job Market, Job Titles CategoryJob Titles
1433 (35.23 %)Analyst
2210 (17.09 %)Business Analyst
3169 (13.75 %)Project Manager
4164 (13.34 %)Developer
547 (3.824 %)Architect
547 (3.824 %)SQL Developer
644 (3.580 %)Administrator
743 (3.499 %)Support Analyst
743 (3.499 %)Test Analyst
841 (3.336 %)Consultant
937 (3.011 %)C# Developer
1035 (2.848 %)Java Developer
1134 (2.766 %)Senior Analyst
1233 (2.685 %)Financial Business Analyst
1326 (2.116 %)Junior
1326 (2.116 %).NET Developer
1425 (2.034 %)Network Engineer
1524 (1.953 %)Financial Services Business Analyst
1524 (1.953 %)C# .NET Developer
1623 (1.871 %)Data Analyst
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
1206 (16.76 %)Hedge funds
289 (7.242 %)Derivative
372 (5.858 %)Fixed Income
456 (4.557 %)Credit Risk
554 (4.394 %)PMI
651 (4.150 %)Foreign Exchange (FX)
651 (4.150 %)Market Risk
744 (3.580 %)Equities
833 (2.685 %)Management Information System
931 (2.522 %)Credit Derivative
1028 (2.278 %)Reference Data
1126 (2.116 %)SWIFT
1225 (2.034 %)Exotic Derivative
1324 (1.953 %)Clustering
1421 (1.709 %)Replication
1515 (1.221 %)PKI
1613 (1.058 %)Contract for Difference
1711 (0.895 %)Statistics
188 (0.651 %)Computer Science
196 (0.488 %)Blackberry
IT Contractor Job Market, Operating Systems CategoryOperating Systems
1170 (13.83 %)Windows
2143 (11.64 %)UNIX
3103 (8.381 %)Linux
444 (3.580 %)Solaris
534 (2.766 %)AIX
632 (2.604 %)Windows 7
725 (2.034 %)Windows Server 2008
821 (1.709 %)Red Hat Enterprise Linux
917 (1.383 %)Windows XP
1016 (1.302 %)HPUX
1112 (0.976 %)Windows 2000
1112 (0.976 %)Windows Server 2003
1210 (0.814 %)Windows NT
133 (0.244 %)Windows Vista
142 (0.163 %)SUSE
151 (0.081 %)Oracle Linux
151 (0.081 %)OS/400
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1220 (17.90 %)Project Management
2128 (10.41 %)Stakeholder Management
3122 (9.927 %)Migration
4104 (8.462 %)Risk Management
5100 (8.137 %)ITIL
698 (7.974 %)PRINCE2
797 (7.893 %)Change Management
880 (6.509 %)Business Analysis
965 (5.289 %)User Acceptance Testing
1054 (4.394 %)Business Intelligence
1149 (3.987 %)Stakeholder Engagement
1243 (3.499 %)Data Modelling
1243 (3.499 %)Data Analysis
1341 (3.336 %)E-Commerce
1440 (3.255 %)PRINCE
1539 (3.173 %)Asset Management
1638 (3.092 %)Service Delivery
1736 (2.929 %)Incident Management
1835 (2.848 %)Validation
1931 (2.522 %)Agile Software Development
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
1201 (16.35 %)SQL
299 (8.055 %)Java
392 (7.486 %)C#
443 (3.499 %)VBA
540 (3.255 %)Shell Script
636 (2.929 %)VBScript
636 (2.929 %)VB
636 (2.929 %)Perl
735 (2.848 %)PowerShell
832 (2.604 %)C++
928 (2.278 %)PL/SQL
1025 (2.034 %)T-SQL
1123 (1.871 %)Python
1222 (1.790 %)Korn
1318 (1.465 %)VB.NET
1318 (1.465 %)JavaScript
1417 (1.383 %)C
155 (0.407 %)Bash shell
155 (0.407 %)Ruby
164 (0.325 %)Scala
IT Contractor Job Market, Qualifications CategoryQualifications
173 (5.940 %)Degree
263 (5.126 %)PMI Certification
320 (1.627 %)PMP
419 (1.546 %)Cisco Certification
518 (1.465 %)ISEB
615 (1.221 %)PRINCE2 Certification
712 (0.976 %)CCNA
810 (0.814 %)CISSP
810 (0.814 %)ISTQB
98 (0.651 %)CAPM
107 (0.570 %)CISA
116 (0.488 %)CCNP
116 (0.488 %)SC Cleared
116 (0.488 %)Security Cleared
125 (0.407 %)PRINCE2 Practitioner
134 (0.325 %)Microsoft Certification
134 (0.325 %)MCSE
143 (0.244 %)CFA
143 (0.244 %)CISM
143 (0.244 %)ACCA
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
132 (2.604 %)QA
222 (1.790 %)Basel II
320 (1.627 %)Data Quality
414 (1.139 %)Basel III
59 (0.732 %)SLA
59 (0.732 %)FATCA
68 (0.651 %)MiFID
76 (0.488 %)Solvency II
85 (0.407 %)ISO/IEC 27001
93 (0.244 %)ISO 9001
102 (0.163 %)Sarbanes-Oxley
111 (0.081 %)PCI DSS
111 (0.081 %)COSO
111 (0.081 %)COBIT
IT Contractor Job Market, System Software CategorySystem Software
142 (3.417 %)Active Directory
240 (3.255 %)VMware Infrastructure
323 (1.871 %)vSphere
422 (1.790 %)XenDesktop
520 (1.627 %)XenApp
616 (1.302 %)Veritas Cluster Server
712 (0.976 %)VMware ESX
712 (0.976 %)Oracle RAC
87 (0.570 %)Oracle RMAN
94 (0.325 %)vCloud
94 (0.325 %)Hyper-V
102 (0.163 %)Veritas Volume Manager
111 (0.081 %)XenServer
111 (0.081 %)SRDF
111 (0.081 %)VMware ESXi
IT Contractor Job Market, Systems Management CategorySystems Management
141 (3.336 %)Tivoli
220 (1.627 %)HP Quality Center
319 (1.546 %)Control-M
416 (1.302 %)OpenView
416 (1.302 %)SCCM
515 (1.221 %)SCOM
515 (1.221 %)HP SIM
515 (1.221 %)Tivoli Monitoring
614 (1.139 %)Tivoli Storage Manager
710 (0.814 %)CA SiteMinder
89 (0.732 %)Cacti
98 (0.651 %)NetBackup
106 (0.488 %)ServiceCenter
106 (0.488 %)Data Guard
115 (0.407 %)TIBCO Hawk
115 (0.407 %)CiscoWorks
123 (0.244 %)DameWare
132 (0.163 %)MOM
132 (0.163 %)Systems Management Server (SMS)
132 (0.163 %)BladeLogic
IT Contractor Job Market, Vendors CategoryVendors
1136 (11.07 %)Microsoft
2131 (10.66 %)Oracle
362 (5.045 %)Cisco
459 (4.801 %)IBM
558 (4.719 %)HP
646 (3.743 %)VMware
739 (3.173 %)Sybase
835 (2.848 %)Citrix
930 (2.441 %)SAP
930 (2.441 %)CheckPoint
1028 (2.278 %)Red Hat
1126 (2.116 %)Bloomberg
1221 (1.709 %)CA
1320 (1.627 %)Reuters
1419 (1.546 %)Veritas
1419 (1.546 %)Business Objects
1516 (1.302 %)Informatica
1516 (1.302 %)AppSense
1615 (1.221 %)Dell
1615 (1.221 %)Avaya