Period
to 25 February 2020

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 25 February 2020 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
London > Central London
6 months to
25 Feb 2020
Same period 2019 Same period 2018
Rank 14 9 5
Rank change year-on-year -5 -4 +2
Contract jobs citing Banking 519 1,099 1,518
As % of all contract IT jobs advertised in Central London 8.76% 12.35% 17.12%
As % of the General category 19.88% 24.59% 31.74%
Number of daily rates quoted 400 853 1,247
Central London median daily rate £550 £550 £575
Median daily rate % change year-on-year - -4.35% +4.55%
10th Percentile £356 £375 £370
90th Percentile £746 £725 £738
London median daily rate £575 £575 £550
% change year-on-year - +4.55% -
Number of hourly rates quoted 14 9 14
Central London median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -18.92%
10th Percentile £17.16 £16.39 £13.60
90th Percentile £33.95 £47.15 £26.19
London median hourly rate £21.00 £18.70 £15.00
% change year-on-year +12.30% +24.67% -50.00%

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

All General Skills
Central London
Contract vacancies with a requirement for common skills 2,611 4,469 4,782
As % of all contract IT jobs advertised in Central London 44.08% 50.23% 53.94%
Number of daily rates quoted 1,865 3,268 3,735
Central London median daily rate £510 £525 £525
Median daily rate % change year-on-year -2.86% - +5.00%
10th Percentile £307 £300 £318
90th Percentile £700 £683 £700
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +2.56%
Number of hourly rates quoted 46 46 61
Central London median hourly rate £21.67 £18.70 £21.00
Median hourly rate % change year-on-year +15.86% -10.95% +1.20%
10th Percentile £12.42 £13.00 £11.81
90th Percentile £38.71 £42.60 £48.50
London median hourly rate £26.75 £24.11 £22.00
% change year-on-year +10.95% +9.59% -4.35%

Banking
Job Vacancy Trend in Central London

Job postings citing Banking as a percentage of all IT jobs advertised in Central London.

Job vacancy trend for Banking in Central London

Banking
Contractor Daily Rate Trend in Central London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Central London.

Contractor daily rate trend for Banking in Central London

Banking
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Banking in Central London over the 6 months to 25 February 2020.

Contractor daily rate histogram for Banking in Central London

Banking
Contractor Hourly Rate Trend in Central London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Central London.

Contractor hourly rate trend for Banking in Central London

Banking
Contractor Hourly Rate Histogram in Central London

The hourly rate distribution of IT jobs citing Banking in Central London over the 6 months to 25 February 2020.

Contractor hourly rate histogram for Banking in Central London

Banking
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Central London region over the 6 months to 25 February 2020. 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
Job
Vacancies
City of London -6 469 £550 - 168
City of Westminster - 6 £450 -
West End of London +28 4 £450 -20.00%
Southwark +39 1 £500 -39.39%
Banking
London

For the 6 months to 25 February 2020, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Banking.

1 256 (49.33%) Finance
2 124 (23.89%) Agile Software Development
3 121 (23.31%) Java
4 105 (20.23%) Investment Banking
5 83 (15.99%) SQL
6 74 (14.26%) Front Office
7 67 (12.91%) Python
8 54 (10.40%) C#
9 53 (10.21%) SQL Server
9 53 (10.21%) Windows
10 50 (9.63%) DevOps
11 49 (9.44%) Microservices
11 49 (9.44%) JavaScript
11 49 (9.44%) Microsoft
12 45 (8.67%) .NET
12 45 (8.67%) Problem-Solving
13 43 (8.29%) Oracle
13 43 (8.29%) Azure
14 42 (8.09%) Kubernetes
15 41 (7.90%) Project Management
16 40 (7.71%) Stakeholder Management
17 39 (7.51%) Analytical Skills
18 36 (6.94%) HTML
19 33 (6.36%) Migration
20 32 (6.17%) JIRA
21 31 (5.97%) Test Automation
21 31 (5.97%) Multithreading
22 30 (5.78%) Docker
23 29 (5.59%) Active Directory
23 29 (5.59%) Software Engineering

Banking
Co-occurring IT Skills in Central London by Category

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

Application Platforms
1 17 (3.28%) Confluence
2 14 (2.70%) SharePoint
3 13 (2.50%) Apache Spark
4 8 (1.54%) Apache
5 5 (0.96%) Adobe Experience Manager
5 5 (0.96%) Apache Airflow
5 5 (0.96%) CMS
5 5 (0.96%) Elasticsearch
6 4 (0.77%) IIS
6 4 (0.77%) MS Exchange
6 4 (0.77%) Oracle Coherence
7 3 (0.58%) Anypoint
7 3 (0.58%) Ethereum
7 3 (0.58%) Exchange Server 2013
7 3 (0.58%) SAS
8 2 (0.39%) Appian
8 2 (0.39%) Oracle Workflow
8 2 (0.39%) SAP Portal
8 2 (0.39%) SharePoint 2010
8 2 (0.39%) WebSphere
Applications
1 21 (4.05%) Microsoft Excel
1 21 (4.05%) Microsoft Office
2 14 (2.70%) Microsoft PowerPoint
3 5 (0.96%) Sketch
4 4 (0.77%) MS Visio
5 3 (0.58%) InVision
6 2 (0.39%) Microsoft Project
6 2 (0.39%) Spreadsheet
6 2 (0.39%) Zeplin
7 1 (0.19%) Adobe Illustrator
7 1 (0.19%) Photoshop
7 1 (0.19%) Snagit
Business Applications
1 8 (1.54%) Temenos T24
2 7 (1.35%) Sophis RISQUE
3 4 (0.77%) Misys Midas
3 4 (0.77%) SAP S/4HANA
4 2 (0.39%) Dynamics CRM
4 2 (0.39%) FLEXCUBE
4 2 (0.39%) ION MarketView
4 2 (0.39%) Temenos Globus
5 1 (0.19%) Bloomberg TOMS
5 1 (0.19%) Eikon
5 1 (0.19%) OpenText VIM for SAP
5 1 (0.19%) Orchestrade
5 1 (0.19%) SAP CO
5 1 (0.19%) SAP FI
5 1 (0.19%) SAP FI/CO
5 1 (0.19%) SAP FS
Cloud Services
1 43 (8.29%) Azure
2 26 (5.01%) AWS
3 18 (3.47%) GCP
4 15 (2.89%) Office 365
5 10 (1.93%) Power Platform
6 8 (1.54%) GitHub
7 5 (0.96%) PaaS
7 5 (0.96%) Serverless
8 4 (0.77%) Dynamics 365
8 4 (0.77%) IaaS
9 3 (0.58%) Azure Functions
9 3 (0.58%) Mimecast
10 2 (0.39%) Apigee
10 2 (0.39%) AWS CloudFormation
10 2 (0.39%) AWS Lambda
10 2 (0.39%) Cloud Computing
10 2 (0.39%) iPaaS
10 2 (0.39%) npm
10 2 (0.39%) OpenShift
10 2 (0.39%) Stackdriver
Communications & Networking
1 14 (2.70%) LAN
2 11 (2.12%) WAN
3 10 (1.93%) VPN
4 9 (1.73%) TCP/IP
5 8 (1.54%) Cisco Nexus
5 8 (1.54%) Firewall
5 8 (1.54%) Multicast
6 7 (1.35%) Cisco IOS
6 7 (1.35%) DNS
6 7 (1.35%) MPLS
7 6 (1.16%) Internet
7 6 (1.16%) NAS
8 5 (0.96%) BGP
8 5 (0.96%) DHCP
8 5 (0.96%) OSPF
8 5 (0.96%) VoIP
9 3 (0.58%) EIGRP
9 3 (0.58%) Junos
9 3 (0.58%) SAN
9 3 (0.58%) Wi-Fi
Database & Business Intelligence
1 53 (10.21%) SQL Server
2 20 (3.85%) Big Data
3 19 (3.66%) SQL Server Integration Services
4 13 (2.50%) SQL Server Reporting Services
5 11 (2.12%) Data Warehouse
6 10 (1.93%) NoSQL
6 10 (1.93%) Power BI
7 8 (1.54%) Apache Cassandra
7 8 (1.54%) Hadoop
7 8 (1.54%) MySQL
7 8 (1.54%) Oracle Database
7 8 (1.54%) Relational Database
8 7 (1.35%) Biml
8 7 (1.35%) SQL Server Analysis Services
9 6 (1.16%) MongoDB
9 6 (1.16%) Oracle Reports
10 5 (0.96%) Apache Hive
10 5 (0.96%) BigQuery
10 5 (0.96%) Bigtable
10 5 (0.96%) Spotfire
Development Applications
1 32 (6.17%) JIRA
2 24 (4.62%) Jenkins
3 19 (3.66%) Git (software)
4 11 (2.12%) TeamCity
5 8 (1.54%) Maven
6 7 (1.35%) Subversion
7 6 (1.16%) Cucumber
7 6 (1.16%) Selenium
8 5 (0.96%) Axure RP
8 5 (0.96%) JUnit
8 5 (0.96%) Sonatype Nexus
9 4 (0.77%) Ant
9 4 (0.77%) GitLab
9 4 (0.77%) Mockito
10 3 (0.58%) Team Foundation Server
10 3 (0.58%) Visual Studio
11 2 (0.39%) Eclipse
11 2 (0.39%) JMeter
11 2 (0.39%) PowerBuilder
11 2 (0.39%) Xcode
General
1 256 (49.33%) Finance
2 105 (20.23%) Investment Banking
3 74 (14.26%) Front Office
4 19 (3.66%) International Banking
5 17 (3.28%) Retail Banking
6 10 (1.93%) Legal
7 9 (1.73%) Financial Institution
8 7 (1.35%) Games
8 7 (1.35%) Telecoms
9 6 (1.16%) Corporate Banking
10 5 (0.96%) Back Office
10 5 (0.96%) French Language
10 5 (0.96%) Public Sector
11 4 (0.77%) Law
11 4 (0.77%) Private Banking
11 4 (0.77%) Retail
12 3 (0.58%) Wholesale Banking
13 2 (0.39%) Advertising
13 2 (0.39%) Marketing
13 2 (0.39%) Publishing
Job Titles
1 184 (35.45%) Developer
2 82 (15.80%) Analyst
3 45 (8.67%) Java Developer
4 42 (8.09%) Business Analyst
5 37 (7.13%) Senior Developer
6 31 (5.97%) Project Manager
7 21 (4.05%) Banking Analyst
7 21 (4.05%) C# Developer
8 20 (3.85%) DevOps Engineer
9 18 (3.47%) Architect
9 18 (3.47%) Python Developer
9 18 (3.47%) SQL Developer
10 17 (3.28%) Consultant
11 16 (3.08%) Senior Java Developer
12 12 (2.31%) Java Engineer
12 12 (2.31%) Test Analyst
13 11 (2.12%) Banking Business Analyst
13 11 (2.12%) Banking Project Manager
13 11 (2.12%) Data Analyst
14 10 (1.93%) Support Engineer
Libraries, Frameworks & Software Standards
1 45 (8.67%) .NET
2 36 (6.94%) HTML
3 23 (4.43%) CSS
4 22 (4.24%) Spring
5 21 (4.05%) AngularJS
6 19 (3.66%) HTML5
7 17 (3.28%) FIX Protocol
8 15 (2.89%) RESTful
9 14 (2.70%) React
9 14 (2.70%) Web Services
10 13 (2.50%) Spring Boot
11 12 (2.31%) Kafka
11 12 (2.31%) Node.js
11 12 (2.31%) REST
12 10 (1.93%) ASP.NET
12 10 (1.93%) XML
13 8 (1.54%) .NET Framework
14 7 (1.35%) CSS3
14 7 (1.35%) RxJava
15 6 (1.16%) Entity Framework
Miscellaneous
1 39 (7.51%) Analytical Skills
2 29 (5.59%) Greenfield Project
3 27 (5.20%) Foreign Exchange (FX)
4 26 (5.01%) Fixed Income
5 21 (4.05%) Equities
6 13 (2.50%) Data Centre
6 13 (2.50%) User Experience
7 12 (2.31%) iPad
8 11 (2.12%) Derivative
8 11 (2.12%) SWIFT
9 10 (1.93%) Data Structures
9 10 (1.93%) Enterprise Software
9 10 (1.93%) Market Risk
10 9 (1.73%) Credit Risk
11 8 (1.54%) Video Conferencing
12 7 (1.35%) Hedge funds
12 7 (1.35%) Mobile App
12 7 (1.35%) Mobile Banking
13 6 (1.16%) Algorithms
13 6 (1.16%) Management Information System
Operating Systems
1 53 (10.21%) Windows
2 25 (4.82%) Linux
3 22 (4.24%) Windows 10
4 18 (3.47%) Unix
5 15 (2.89%) Android
6 14 (2.70%) Windows 7
7 12 (2.31%) Apple iOS
8 9 (1.73%) Windows Server
9 3 (0.58%) Mac OS X
9 3 (0.58%) Windows Server 2012
10 2 (0.39%) Mac OS
10 2 (0.39%) Windows XP
11 1 (0.19%) Red Hat Enterprise Linux
11 1 (0.19%) Solaris
Processes & Methodologies
1 124 (23.89%) Agile Software Development
2 50 (9.63%) DevOps
3 49 (9.44%) Microservices
4 45 (8.67%) Problem-Solving
5 41 (7.90%) Project Management
6 40 (7.71%) Stakeholder Management
7 33 (6.36%) Migration
8 31 (5.97%) Multithreading
8 31 (5.97%) Test Automation
9 29 (5.59%) Software Engineering
9 29 (5.59%) TDD
10 27 (5.20%) Fintech
11 24 (4.62%) Scrum
11 24 (4.62%) SDLC
12 23 (4.43%) Asset Management
13 22 (4.24%) Project Delivery
14 20 (3.85%) OO
15 19 (3.66%) Business Analysis
16 18 (3.47%) Business Intelligence
16 18 (3.47%) Decision-Making
Programming Languages
1 121 (23.31%) Java
2 83 (15.99%) SQL
3 67 (12.91%) Python
4 54 (10.40%) C#
5 49 (9.44%) JavaScript
6 21 (4.05%) C++
7 15 (2.89%) Go
8 14 (2.70%) PL/SQL
8 14 (2.70%) Scala
9 13 (2.50%) T-SQL
10 9 (1.73%) PowerShell
11 8 (1.54%) Java 8
12 7 (1.35%) Kotlin
12 7 (1.35%) Perl
12 7 (1.35%) VBScript
13 6 (1.16%) TypeScript
14 5 (0.96%) Groovy
15 4 (0.77%) Apple Swift
15 4 (0.77%) VB
15 4 (0.77%) VBA
Qualifications
1 20 (3.85%) Degree
2 6 (1.16%) Security Cleared
3 5 (0.96%) ISEB
3 5 (0.96%) ISTQB
3 5 (0.96%) SC Cleared
4 4 (0.77%) CCNP
4 4 (0.77%) Cisco Certification
4 4 (0.77%) ISTQB Foundation Certification
5 3 (0.58%) A+ Certification
5 3 (0.58%) ACCA
5 3 (0.58%) CCNA
5 3 (0.58%) CISSP
5 3 (0.58%) CompTIA Security+
5 3 (0.58%) Network+ Certification
6 2 (0.39%) CBAP
6 2 (0.39%) CFA
6 2 (0.39%) Citrix Certification
6 2 (0.39%) IIBA
6 2 (0.39%) ITIL Foundation Certificate
6 2 (0.39%) PMP
Quality Assurance & Compliance
1 21 (4.05%) QA
2 12 (2.31%) PMO
3 6 (1.16%) Data Quality
3 6 (1.16%) PSD2
3 6 (1.16%) SLA
4 4 (0.77%) GDPR
4 4 (0.77%) SEPA
5 3 (0.58%) COBIT
5 3 (0.58%) IFRS
6 2 (0.39%) COREP
6 2 (0.39%) Cyber Essentials
6 2 (0.39%) FINREP
6 2 (0.39%) ISO/IEC 27001
6 2 (0.39%) MiFID
6 2 (0.39%) NIST
6 2 (0.39%) WCAG
7 1 (0.19%) Basel III
7 1 (0.19%) EMIR
7 1 (0.19%) IFRS 9
7 1 (0.19%) Sarbanes-Oxley
System Software
1 30 (5.78%) Docker
2 29 (5.59%) Active Directory
3 7 (1.35%) VMware Infrastructure
4 4 (0.77%) Microsoft App-V
4 4 (0.77%) Terminal Services
4 4 (0.77%) VMware ESXi
5 3 (0.58%) Citrix Hypervisor
5 3 (0.58%) XenApp
5 3 (0.58%) XenDesktop
6 2 (0.39%) OpenAM
6 2 (0.39%) OpenDJ
7 1 (0.19%) Apache ZooKeeper
7 1 (0.19%) Hyper-V
7 1 (0.19%) Oracle RAC
7 1 (0.19%) Virtual Desktop
7 1 (0.19%) vSphere
Systems Management
1 42 (8.09%) Kubernetes
2 18 (3.47%) Ansible
3 17 (3.28%) Terraform
4 11 (2.12%) SCCM
5 5 (0.96%) Puppet
5 5 (0.96%) Single Sign-On
5 5 (0.96%) Symantec Endpoint Protection
6 4 (0.77%) Kibana
7 3 (0.58%) AirWatch
7 3 (0.58%) logstash
8 2 (0.39%) Data Guard
8 2 (0.39%) Istio
8 2 (0.39%) Opscode Chef
8 2 (0.39%) Oracle RMAN
9 1 (0.19%) Endace
9 1 (0.19%) Enterprise Manager Cloud Control
9 1 (0.19%) Grafana
9 1 (0.19%) Hadoop YARN
9 1 (0.19%) Mesos
9 1 (0.19%) PingFederate
Vendors
1 49 (9.44%) Microsoft
2 43 (8.29%) Oracle
3 22 (4.24%) Cisco
4 17 (3.28%) Google
5 13 (2.50%) Citrix
6 10 (1.93%) Splunk
6 10 (1.93%) Tableau
7 8 (1.54%) Bloomberg
7 8 (1.54%) Murex
7 8 (1.54%) SAP
7 8 (1.54%) VMware
8 7 (1.35%) HP
8 7 (1.35%) Solace
8 7 (1.35%) Sophis
8 7 (1.35%) Sybase
8 7 (1.35%) Symantec
8 7 (1.35%) Temenos
9 6 (1.16%) CheckPoint
9 6 (1.16%) Informatica
9 6 (1.16%) UiPath