Period
to 11 November 2019

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 11 November 2019 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
11 Nov 2019
Same period 2018 Same period 2017
Rank 15 7 4
Rank change year-on-year -8 -3 +3
Contract jobs citing Banking 699 1,147 1,660
As % of all contract IT jobs advertised in Central London 9.43% 12.76% 19.72%
As % of the General category 20.77% 25.05% 35.75%
Number of daily rates quoted 556 899 1,390
Central London median daily rate £549 £575 £560
Median daily rate % change year-on-year -4.57% +2.68% +6.67%
10th Percentile £363 £379 £370
90th Percentile £725 £725 £714
London median daily rate £575 £575 £550
% change year-on-year - +4.55% +4.76%
Number of hourly rates quoted 10 16 16
Central London median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -25.00%
10th Percentile £16.50 £17.75 £13.76
90th Percentile £31.85 £22.93 £24.56
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 3,365 4,578 4,644
As % of all contract IT jobs advertised in Central London 45.42% 50.91% 55.18%
Number of daily rates quoted 2,525 3,439 3,664
Central London median daily rate £513 £525 £520
Median daily rate % change year-on-year -2.38% +0.96% +9.47%
10th Percentile £325 £307 £313
90th Percentile £694 £688 £689
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 28 69 53
Central London median hourly rate £21.00 £19.00 £20.50
Median hourly rate % change year-on-year +10.53% -7.32% +2.50%
10th Percentile £12.76 £13.31 £12.62
90th Percentile £35.00 £37.09 £41.27
London median hourly rate £22.93 £23.22 £22.26
% change year-on-year -1.23% +4.30% +11.29%

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 11 November 2019.

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 11 November 2019.

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 11 November 2019. 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 -8 647 £550 -4.35% 135
Southwark +24 2 £525 -19.23%
West End of London +7 2 £450 -20.00%
City of Westminster +5 2 £445 +36.92%
Camden - 1 £500 -
Banking
London

For the 6 months to 11 November 2019, 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.

1 376 (53.79%) Finance
2 206 (29.47%) Agile Software Development
3 159 (22.75%) Investment Banking
4 150 (21.46%) Java
5 131 (18.74%) SQL
6 93 (13.30%) Python
7 85 (12.16%) Windows
8 82 (11.73%) Microsoft
9 76 (10.87%) Stakeholder Management
10 72 (10.30%) Front Office
11 71 (10.16%) SQL Server
12 64 (9.16%) DevOps
13 63 (9.01%) JavaScript
14 62 (8.87%) Microservices
15 61 (8.73%) AWS
16 58 (8.30%) TDD
17 54 (7.73%) C#
17 54 (7.73%) Oracle
18 50 (7.15%) Migration
18 50 (7.15%) Azure
19 49 (7.01%) Project Management
20 47 (6.72%) Active Directory
21 45 (6.44%) Test Automation
22 44 (6.29%) Linux
22 44 (6.29%) JIRA
23 40 (5.72%) HTML
23 40 (5.72%) Business Intelligence
23 40 (5.72%) AngularJS
23 40 (5.72%) Problem-Solving
24 39 (5.58%) Docker

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 27 (3.86%) Confluence
2 19 (2.72%) MS Exchange
3 17 (2.43%) Apache Spark
4 16 (2.29%) Apache
5 7 (1.00%) Appian
5 7 (1.00%) JBoss
5 7 (1.00%) SAS
5 7 (1.00%) SharePoint
6 6 (0.86%) Apache Airflow
7 5 (0.72%) CMS
7 5 (0.72%) WebSphere
8 4 (0.57%) Adobe Experience Manager
8 4 (0.57%) Anypoint
8 4 (0.57%) Elasticsearch
8 4 (0.57%) Oracle Workflow
8 4 (0.57%) Skype for Business
9 3 (0.43%) Alfresco
9 3 (0.43%) Ethereum
9 3 (0.43%) Oracle Coherence
9 3 (0.43%) Oracle SOA Suite
Applications
1 25 (3.58%) Microsoft Excel
2 18 (2.58%) Microsoft Office
3 10 (1.43%) Microsoft PowerPoint
4 7 (1.00%) MS Visio
5 6 (0.86%) Sketch
6 4 (0.57%) InVision
7 3 (0.43%) Spreadsheet
8 2 (0.29%) Snagit
8 2 (0.29%) Zeplin
9 1 (0.14%) Adobe Creative Suite
9 1 (0.14%) Adobe Illustrator
9 1 (0.14%) Flinto
9 1 (0.14%) Marvel
9 1 (0.14%) Microsoft Project
9 1 (0.14%) OmniGraffle
Business Applications
1 8 (1.14%) Oracle FAH
1 8 (1.14%) Oracle General Ledger
1 8 (1.14%) Oracle Receivables
2 7 (1.00%) Actimize
2 7 (1.00%) Oracle Assets
2 7 (1.00%) Oracle Cash Management
2 7 (1.00%) Oracle Internet Expenses
2 7 (1.00%) Oracle iProcurement
2 7 (1.00%) Oracle Payables
2 7 (1.00%) Oracle Subledger Accounting
3 5 (0.72%) Oracle Procure-to-Pay
4 4 (0.57%) Temenos T24
5 3 (0.43%) Dynamics CRM
6 2 (0.29%) ION MarketView
6 2 (0.29%) SAP Oil and Gas
7 1 (0.14%) Bloomberg TOMS
7 1 (0.14%) Eagle PACE
7 1 (0.14%) Kondor
7 1 (0.14%) Oracle EBS
7 1 (0.14%) Salesforce.com CRM
Cloud Services
1 61 (8.73%) AWS
2 50 (7.15%) Azure
3 31 (4.43%) GCP
4 19 (2.72%) Power Platform
5 11 (1.57%) Office 365
6 9 (1.29%) GitHub
6 9 (1.29%) Serverless
7 8 (1.14%) AWS Lambda
8 7 (1.00%) PaaS
9 6 (0.86%) Cloud Computing
10 5 (0.72%) Amazon S3
11 4 (0.57%) Amazon EC2
11 4 (0.57%) Azure Active Directory
11 4 (0.57%) SaaS
12 3 (0.43%) Dynamics 365
12 3 (0.43%) IaaS
12 3 (0.43%) npm
13 2 (0.29%) Amazon EKS
13 2 (0.29%) Azure Functions
13 2 (0.29%) Google Play
Communications & Networking
1 14 (2.00%) Firewall
2 13 (1.86%) LAN
3 12 (1.72%) WAN
4 10 (1.43%) DNS
4 10 (1.43%) Multicast
5 9 (1.29%) VPN
6 8 (1.14%) Network Security
7 7 (1.00%) Cisco IOS
7 7 (1.00%) Cisco Nexus
7 7 (1.00%) Skype
7 7 (1.00%) TCP/IP
8 6 (0.86%) NetScaler
9 5 (0.72%) BGP
9 5 (0.72%) DHCP
9 5 (0.72%) Internet
9 5 (0.72%) Junos
9 5 (0.72%) NAS
9 5 (0.72%) NX-OS
9 5 (0.72%) OSPF
10 4 (0.57%) Wireless
Database & Business Intelligence
1 71 (10.16%) SQL Server
2 30 (4.29%) SQL Server Integration Services
3 27 (3.86%) Big Data
4 25 (3.58%) Data Warehouse
5 23 (3.29%) Oracle Database
6 20 (2.86%) SQL Server Reporting Services
7 19 (2.72%) Hadoop
7 19 (2.72%) Power BI
8 18 (2.58%) SQL Server Analysis Services
9 17 (2.43%) Relational Database
10 13 (1.86%) MySQL
11 12 (1.72%) Oracle Reports
12 10 (1.43%) NoSQL
12 10 (1.43%) Oracle Database 12c
13 9 (1.29%) Apache Hive
13 9 (1.29%) Oracle Database 11g
14 8 (1.14%) PostgreSQL
14 8 (1.14%) Spark SQL
15 7 (1.00%) QlikView
15 7 (1.00%) SQL Server 2014
Development Applications
1 44 (6.29%) JIRA
2 25 (3.58%) Jenkins
3 23 (3.29%) Git (software)
4 10 (1.43%) Cucumber
4 10 (1.43%) Selenium
5 9 (1.29%) Maven
5 9 (1.29%) TeamCity
6 6 (0.86%) Sonatype Nexus
6 6 (0.86%) Subversion
7 5 (0.72%) JUnit
8 4 (0.57%) Atlassian Bamboo
8 4 (0.57%) SpecFlow
8 4 (0.57%) webpack
9 3 (0.43%) Artifactory
9 3 (0.43%) Axure RP
9 3 (0.43%) Babel
9 3 (0.43%) JMeter
10 2 (0.29%) Gradle
10 2 (0.29%) Mocha
10 2 (0.29%) Xcode
General
1 376 (53.79%) Finance
2 159 (22.75%) Investment Banking
3 72 (10.30%) Front Office
4 27 (3.86%) Retail Banking
5 20 (2.86%) Retail
6 15 (2.15%) International Banking
7 14 (2.00%) Legal
8 13 (1.86%) Advertising
8 13 (1.86%) German Language
8 13 (1.86%) Russian Language
9 12 (1.72%) Financial Institution
9 12 (1.72%) Games
10 9 (1.29%) Public Sector
11 7 (1.00%) Back Office
11 7 (1.00%) Telecoms
12 6 (0.86%) Law
13 4 (0.57%) Corporate Banking
14 3 (0.43%) Billing
14 3 (0.43%) Marketing
14 3 (0.43%) Private Banking
Job Titles
1 240 (34.33%) Developer
2 108 (15.45%) Analyst
3 63 (9.01%) Java Developer
4 54 (7.73%) Business Analyst
5 41 (5.87%) Architect
6 40 (5.72%) Senior Developer
7 31 (4.43%) Banking Analyst
8 28 (4.01%) Project Manager
9 27 (3.86%) Python Developer
10 23 (3.29%) SQL Developer
11 19 (2.72%) Business Intelligence Developer
11 19 (2.72%) Senior Java Developer
12 18 (2.58%) Administrator
12 18 (2.58%) DevOps Engineer
12 18 (2.58%) Tester
13 17 (2.43%) Banking Business Analyst
13 17 (2.43%) Data Engineer
14 16 (2.29%) C# Developer
14 16 (2.29%) DBA
14 16 (2.29%) Programme Manager
Libraries, Frameworks & Software Standards
1 40 (5.72%) AngularJS
1 40 (5.72%) HTML
2 37 (5.29%) .NET
3 32 (4.58%) CSS
4 28 (4.01%) React
4 28 (4.01%) Spring
4 28 (4.01%) Web Services
5 21 (3.00%) XML
6 20 (2.86%) Kafka
7 19 (2.72%) FIX Protocol
7 19 (2.72%) RESTful
8 17 (2.43%) HTML5
8 17 (2.43%) REST
8 17 (2.43%) Spring Boot
9 16 (2.29%) Node.js
10 11 (1.57%) Flask
10 11 (1.57%) Middleware
11 9 (1.29%) .NET Core
11 9 (1.29%) Java EE
11 9 (1.29%) SOAP
Miscellaneous
1 38 (5.44%) Analytical Skills
2 36 (5.15%) User Experience
3 33 (4.72%) Greenfield Project
4 29 (4.15%) Foreign Exchange (FX)
5 25 (3.58%) Equities
6 23 (3.29%) Fixed Income
7 17 (2.43%) Derivative
8 15 (2.15%) Data Structures
9 13 (1.86%) Hedge funds
10 10 (1.43%) Algorithms
10 10 (1.43%) Management Information System
10 10 (1.43%) SWIFT
11 9 (1.29%) Credit Risk
11 9 (1.29%) Data Centre
11 9 (1.29%) Market Risk
12 8 (1.14%) Mobile App
12 8 (1.14%) Mobile Banking
13 7 (1.00%) iPad
13 7 (1.00%) Wiki
14 6 (0.86%) Robotics
Operating Systems
1 85 (12.16%) Windows
2 44 (6.29%) Linux
3 34 (4.86%) Unix
4 33 (4.72%) Windows 10
5 18 (2.58%) Windows Server
6 16 (2.29%) Windows 7
7 12 (1.72%) Android
8 5 (0.72%) Apple iOS
9 4 (0.57%) Red Hat Enterprise Linux
9 4 (0.57%) Windows Server 2012
10 3 (0.43%) Mac OS
11 2 (0.29%) Check Point GAiA
11 2 (0.29%) Windows Server 2008
12 1 (0.14%) CentOS
12 1 (0.14%) CoreOS
12 1 (0.14%) Solaris
12 1 (0.14%) Windows 8
Processes & Methodologies
1 206 (29.47%) Agile Software Development
2 76 (10.87%) Stakeholder Management
3 64 (9.16%) DevOps
4 62 (8.87%) Microservices
5 58 (8.30%) TDD
6 50 (7.15%) Migration
7 49 (7.01%) Project Management
8 45 (6.44%) Test Automation
9 40 (5.72%) Business Intelligence
9 40 (5.72%) Problem-Solving
10 38 (5.44%) Analytics
11 34 (4.86%) Fintech
12 31 (4.43%) Asset Management
12 31 (4.43%) OO
13 30 (4.29%) Scrum
14 29 (4.15%) SDLC
15 27 (3.86%) Low Latency
15 27 (3.86%) Multithreading
16 26 (3.72%) Risk Management
17 25 (3.58%) ITIL
Programming Languages
1 150 (21.46%) Java
2 131 (18.74%) SQL
3 93 (13.30%) Python
4 63 (9.01%) JavaScript
5 54 (7.73%) C#
6 33 (4.72%) Scala
7 20 (2.86%) C++
8 19 (2.72%) PL/SQL
9 17 (2.43%) PowerShell
10 16 (2.29%) Go
10 16 (2.29%) Java 8
11 13 (1.86%) Perl
11 13 (1.86%) T-SQL
12 12 (1.72%) Bash Shell
12 12 (1.72%) Data Analysis Expressions (DAX)
13 10 (1.43%) TypeScript
14 8 (1.14%) Groovy
14 8 (1.14%) Kotlin
14 8 (1.14%) VBA
15 5 (0.72%) ES6
Qualifications
1 37 (5.29%) Degree
2 10 (1.43%) Security Cleared
3 9 (1.29%) SC Cleared
4 8 (1.14%) ISTQB
4 8 (1.14%) PMI Certification
5 6 (0.86%) Cisco Certification
5 6 (0.86%) ITIL Certification
5 6 (0.86%) Numerate Degree
5 6 (0.86%) OCP
5 6 (0.86%) Oracle Certification
5 6 (0.86%) PMP
6 5 (0.72%) OCA
7 4 (0.57%) APMP
7 4 (0.57%) CCNP
7 4 (0.57%) CISA
7 4 (0.57%) CISM
7 4 (0.57%) CISSP
7 4 (0.57%) Citrix Certification
7 4 (0.57%) ISEB
7 4 (0.57%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 27 (3.86%) QA
2 23 (3.29%) PMO
3 10 (1.43%) GDPR
4 9 (1.29%) Data Quality
5 8 (1.14%) PSD2
5 8 (1.14%) SEPA
6 4 (0.57%) SLA
7 3 (0.43%) MiFID
7 3 (0.43%) P3O
8 2 (0.29%) Basel III
8 2 (0.29%) COBIT
8 2 (0.29%) COREP
8 2 (0.29%) FINREP
9 1 (0.14%) EMIR
9 1 (0.14%) IFRS
9 1 (0.14%) IFRS 9
9 1 (0.14%) ITGC
9 1 (0.14%) NIST
System Software
1 47 (6.72%) Active Directory
2 39 (5.58%) Docker
3 27 (3.86%) XenApp
3 27 (3.86%) XenDesktop
4 12 (1.72%) Oracle RAC
4 12 (1.72%) VMware Infrastructure
5 3 (0.43%) Citrix Hypervisor
5 3 (0.43%) ProxySG
6 2 (0.29%) Cronacle
6 2 (0.29%) Veritas File System
6 2 (0.29%) Veritas Volume Manager
6 2 (0.29%) vSphere
7 1 (0.14%) Apache ZooKeeper
7 1 (0.14%) Hyper-V
7 1 (0.14%) Microsoft App-V
7 1 (0.14%) Virtual Desktop
7 1 (0.14%) Virtual Machines
7 1 (0.14%) VMware ESXi
7 1 (0.14%) VMware Workstation
Systems Management
1 38 (5.44%) Kubernetes
2 27 (3.86%) Ansible
3 24 (3.43%) Terraform
4 12 (1.72%) SCCM
5 11 (1.57%) Data Guard
6 6 (0.86%) Single Sign-On
7 5 (0.72%) Microsoft Clustering
7 5 (0.72%) Oracle RMAN
7 5 (0.72%) Puppet
7 5 (0.72%) Symantec Endpoint Protection
8 3 (0.43%) Hadoop YARN
8 3 (0.43%) Simpana
9 2 (0.29%) Consul
10 1 (0.14%) CSIRT
10 1 (0.14%) Docker Swarm
10 1 (0.14%) Istio
10 1 (0.14%) Packer
10 1 (0.14%) Perfmon
10 1 (0.14%) PingFederate
10 1 (0.14%) vCenter Server
Vendors
1 82 (11.73%) Microsoft
2 54 (7.73%) Oracle
3 32 (4.58%) Citrix
4 26 (3.72%) Google
5 22 (3.15%) Cisco
6 16 (2.29%) VMware
7 13 (1.86%) Bloomberg
7 13 (1.86%) Tableau
8 9 (1.29%) Reuters
8 9 (1.29%) Sybase
9 8 (1.14%) HP
9 8 (1.14%) IBM
9 8 (1.14%) MuleSoft
10 7 (1.00%) Adobe
10 7 (1.00%) Solace
10 7 (1.00%) Symantec
11 6 (0.86%) Informatica
11 6 (0.86%) Juniper
11 6 (0.86%) Red Hat
11 6 (0.86%) Splunk