Period
to 27 June 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 27 June 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
27 Jun 2019
Same period 2018 Same period 2017
Rank 15 7 5
Rank change year-on-year -8 -2 +1
Contract jobs citing Banking 852 1,323 1,258
As % of all contract IT jobs advertised in Central London 10.08% 14.46% 16.95%
As % of the General category 22.30% 28.71% 33.54%
Number of daily rates quoted 631 1,058 1,060
Central London median daily rate £550 £575 £550
Median daily rate % change year-on-year -4.35% +4.55% +4.76%
10th Percentile £408 £388 £394
90th Percentile £713 £725 £688
London median daily rate £550 £550 £550
Number of hourly rates quoted 19 15 19
Central London median hourly rate £21.00 £18.00 £15.00
Median hourly rate % change year-on-year +16.67% +20.00% -31.82%
10th Percentile £16.74 £12.50 £13.30
90th Percentile £21.15 £30.00 £29.77
London median hourly rate £21.00 £18.35 £15.00
% change year-on-year +14.44% +22.33% -32.58%

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 3,821 4,608 3,751
As % of all contract IT jobs advertised in Central London 45.20% 50.38% 50.53%
Number of daily rates quoted 2,799 3,560 2,907
Central London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £325 £325 £313
90th Percentile £682 £700 £675
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 39 47 40
Central London median hourly rate £21.00 £21.25 £15.99
Median hourly rate % change year-on-year -1.18% +32.90% -20.05%
10th Percentile £11.25 £13.00 £12.51
90th Percentile £38.40 £48.10 £30.07
London median hourly rate £21.00 £24.00 £21.75
% change year-on-year -12.50% +10.34% -1.14%

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 27 June 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 27 June 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 27 June 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 -4 768 £550 -4.35% 101
West End of London +1 8 £563 +7.14%
Southwark -37 8 £550 +7.32%
Camden +4 1 £500 +12.36%
City of Westminster -18 1 £450 +9.09% 1
Kensington and Chelsea - 1 £470 -
Banking
London

For the 6 months to 27 June 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.

1 471 (55.28%) Finance
2 266 (31.22%) Agile Software Development
3 189 (22.18%) Java
4 188 (22.07%) Investment Banking
5 150 (17.61%) SQL
6 114 (13.38%) Windows
7 98 (11.50%) Front Office
8 94 (11.03%) Microsoft
9 91 (10.68%) SQL Server
10 85 (9.98%) Python
11 83 (9.74%) DevOps
12 82 (9.62%) Amazon AWS
13 73 (8.57%) Stakeholder Management
13 73 (8.57%) Fintech
14 72 (8.45%) Docker
15 70 (8.22%) Linux
16 66 (7.75%) JavaScript
17 65 (7.63%) Spring
18 64 (7.51%) .NET
19 62 (7.28%) C#
20 60 (7.04%) Active Directory
20 60 (7.04%) Microservices
21 58 (6.81%) Project Management
21 58 (6.81%) JIRA
22 57 (6.69%) Analytics
23 56 (6.57%) Analytical Skills
24 54 (6.34%) Kubernetes
24 54 (6.34%) SDLC
25 53 (6.22%) TDD
26 51 (5.99%) HTML

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 39 (4.58%) Confluence
2 37 (4.34%) Apache Spark
3 19 (2.23%) Apache
3 19 (2.23%) WebSphere
4 15 (1.76%) MS Exchange
5 14 (1.64%) SharePoint
5 14 (1.64%) Skype for Business
6 13 (1.53%) CMS
7 10 (1.17%) JBoss
8 9 (1.06%) SAS
8 9 (1.06%) WebLogic
9 7 (0.82%) IIS
10 5 (0.59%) Apache Airflow
10 5 (0.59%) Jupyter
10 5 (0.59%) WebSphere Application Server
11 4 (0.47%) Elasticsearch
11 4 (0.47%) GlassFish
11 4 (0.47%) Tomcat
12 3 (0.35%) Blackberry Enterprise Server
12 3 (0.35%) Exchange Server 2010
Applications
1 28 (3.29%) Microsoft Office
2 25 (2.93%) Microsoft Excel
3 14 (1.64%) Spreadsheet
4 8 (0.94%) Microsoft PowerPoint
5 7 (0.82%) Microsoft Project
6 5 (0.59%) MS Visio
7 4 (0.47%) Sketch
8 3 (0.35%) InVision
9 1 (0.12%) HipChat
9 1 (0.12%) InfoPath
9 1 (0.12%) Marvel
9 1 (0.12%) OmniGraffle
9 1 (0.12%) S-PLUS
9 1 (0.12%) Zeplin
Business Applications
1 13 (1.53%) Actimize
2 6 (0.70%) Dynamics CRM
3 5 (0.59%) Salesforce.com CRM
3 5 (0.59%) Temenos T24
4 3 (0.35%) Markit EDM
4 3 (0.35%) SAP Oil and Gas
5 2 (0.23%) Global One
5 2 (0.23%) Oracle General Ledger
6 1 (0.12%) Eikon
6 1 (0.12%) Eloqua
6 1 (0.12%) OpenText VIM for SAP
6 1 (0.12%) Oracle BPM
6 1 (0.12%) Oracle EBS
6 1 (0.12%) Oracle FAH
6 1 (0.12%) Oracle Internet Expenses
6 1 (0.12%) Oracle iProcurement
6 1 (0.12%) Oracle Procure-to-Pay
6 1 (0.12%) Oracle Receivables
6 1 (0.12%) SAP BPC
6 1 (0.12%) SAP MM
Cloud Services
1 82 (9.62%) Amazon AWS
2 43 (5.05%) Microsoft Azure
3 29 (3.40%) Google Cloud Platform
4 26 (3.05%) Power Platform
5 22 (2.58%) Office 365
6 13 (1.53%) Serverless
7 10 (1.17%) IaaS
7 10 (1.17%) PaaS
7 10 (1.17%) SaaS
8 9 (1.06%) AWS Lambda
8 9 (1.06%) GitHub
8 9 (1.06%) OpenShift
9 7 (0.82%) Amazon Kinesis
9 7 (0.82%) Cloud Computing
10 6 (0.70%) AWS CloudFormation
11 5 (0.59%) Amazon ECS
11 5 (0.59%) npm
12 4 (0.47%) Amazon EC2
12 4 (0.47%) Apigee
12 4 (0.47%) Azure Active Directory
Communications & Networking
1 24 (2.82%) DNS
2 13 (1.53%) DHCP
2 13 (1.53%) Skype
3 12 (1.41%) Firewall
3 12 (1.41%) WAN
4 11 (1.29%) SAN
5 10 (1.17%) LAN
6 7 (0.82%) HTTP
6 7 (0.82%) TCP/IP
7 5 (0.59%) BGP
7 5 (0.59%) FTP
7 5 (0.59%) OSPF
7 5 (0.59%) VoIP
8 4 (0.47%) EIGRP
8 4 (0.47%) Internet
8 4 (0.47%) Kerberos
8 4 (0.47%) Multicast
8 4 (0.47%) NX-OS
8 4 (0.47%) VPN
9 3 (0.35%) Network Security
Database & Business Intelligence
1 91 (10.68%) SQL Server
2 39 (4.58%) SQL Server Integration Services
3 37 (4.34%) Big Data
4 35 (4.11%) SQL Server Reporting Services
5 31 (3.64%) Data Warehouse
5 31 (3.64%) Hadoop
6 26 (3.05%) Power BI
7 22 (2.58%) NoSQL
8 20 (2.35%) Relational Database
9 16 (1.88%) Apache Hive
9 16 (1.88%) SQL Server Analysis Services
10 14 (1.64%) MongoDB
11 13 (1.53%) Oracle Database
12 12 (1.41%) Apache Cassandra
13 11 (1.29%) Amazon DynamoDB
14 10 (1.17%) HBase
14 10 (1.17%) Spotfire
14 10 (1.17%) SQL Server 2008
15 9 (1.06%) MySQL
16 8 (0.94%) QlikView
Development Applications
1 58 (6.81%) JIRA
2 32 (3.76%) Jenkins
3 25 (2.93%) Git (software)
4 20 (2.35%) Cucumber
5 19 (2.23%) Maven
6 18 (2.11%) Selenium
7 10 (1.17%) Team Foundation Server
8 9 (1.06%) TeamCity
9 8 (0.94%) JUnit
9 8 (0.94%) Subversion
10 7 (0.82%) Gradle
10 7 (0.82%) IBM UrbanCode
10 7 (0.82%) RStudio
11 6 (0.70%) Visual Studio
11 6 (0.70%) webpack
12 5 (0.59%) Jasmine
13 4 (0.47%) Bitbucket
13 4 (0.47%) Hudson
13 4 (0.47%) PhpStorm
13 4 (0.47%) WebStorm
General
1 471 (55.28%) Finance
2 188 (22.07%) Investment Banking
3 98 (11.50%) Front Office
4 50 (5.87%) Retail Banking
5 33 (3.87%) Financial Institution
6 29 (3.40%) Retail
7 27 (3.17%) Back Office
8 13 (1.53%) Legal
9 12 (1.41%) Advertising
10 10 (1.17%) International Banking
11 8 (0.94%) Corporate Banking
11 8 (0.94%) Games
11 8 (0.94%) Law
12 7 (0.82%) German Language
12 7 (0.82%) Russian Language
13 5 (0.59%) French Language
13 5 (0.59%) Marketing
14 4 (0.47%) Publishing
15 3 (0.35%) Telecoms
16 2 (0.23%) General Ledger
Job Titles
1 279 (32.75%) Developer
2 123 (14.44%) Analyst
3 108 (12.68%) Java Developer
4 52 (6.10%) Architect
5 50 (5.87%) Business Analyst
6 41 (4.81%) Project Manager
7 40 (4.69%) Senior Developer
8 32 (3.76%) SQL Developer
9 30 (3.52%) .NET Developer
10 25 (2.93%) Consultant
11 24 (2.82%) Designer
11 24 (2.82%) DevOps Engineer
11 24 (2.82%) Full Stack Developer
12 23 (2.70%) Administrator
12 23 (2.70%) C# Developer
13 22 (2.58%) Front Office Developer
14 21 (2.46%) Banking Analyst
15 20 (2.35%) IT Manager
16 19 (2.23%) Python Developer
16 19 (2.23%) Tester
Libraries, Frameworks & Software Standards
1 65 (7.63%) Spring
2 64 (7.51%) .NET
3 51 (5.99%) HTML
4 46 (5.40%) AngularJS
5 40 (4.69%) CSS
5 40 (4.69%) XML
6 37 (4.34%) RESTful
6 37 (4.34%) Spring Boot
7 33 (3.87%) Kafka
8 32 (3.76%) React
9 31 (3.64%) REST
9 31 (3.64%) Web Services
10 28 (3.29%) HTML5
11 25 (2.93%) Node.js
12 24 (2.82%) JSON
12 24 (2.82%) Middleware
13 20 (2.35%) Redux
14 17 (2.00%) SOAP
15 14 (1.64%) Hibernate
16 13 (1.53%) Java EE
Miscellaneous
1 56 (6.57%) Analytical Skills
2 41 (4.81%) User Experience
3 36 (4.23%) Greenfield Project
4 33 (3.87%) Foreign Exchange (FX)
5 31 (3.64%) Derivative
6 29 (3.40%) Equities
7 21 (2.46%) Equity Derivative
8 20 (2.35%) SWIFT
9 19 (2.23%) Fixed Income
10 14 (1.64%) Management Information System
11 13 (1.53%) Mobile App
12 12 (1.41%) Self-Motivation
13 11 (1.29%) Enterprise Software
14 10 (1.17%) Data Protection Act
15 9 (1.06%) Clustering
16 8 (0.94%) Credit Risk
16 8 (0.94%) Online Banking
17 7 (0.82%) Blackberry
17 7 (0.82%) Cloud Native
17 7 (0.82%) PKI
Operating Systems
1 114 (13.38%) Windows
2 70 (8.22%) Linux
3 43 (5.05%) Unix
4 37 (4.34%) Windows 10
5 31 (3.64%) Windows 7
6 28 (3.29%) Windows Server
7 10 (1.17%) Red Hat Enterprise Linux
8 8 (0.94%) Android
9 7 (0.82%) Windows Server 2008
9 7 (0.82%) Windows Server 2012
10 6 (0.70%) Apple iOS
10 6 (0.70%) Mac OS
11 5 (0.59%) Windows 8
12 3 (0.35%) Solaris
13 1 (0.12%) CoreOS
13 1 (0.12%) Data ONTAP
13 1 (0.12%) Mac OS X
13 1 (0.12%) SUSE
13 1 (0.12%) Windows Server 2003
13 1 (0.12%) Windows XP
Processes & Methodologies
1 266 (31.22%) Agile Software Development
2 83 (9.74%) DevOps
3 73 (8.57%) Fintech
3 73 (8.57%) Stakeholder Management
4 60 (7.04%) Microservices
5 58 (6.81%) Project Management
6 57 (6.69%) Analytics
7 54 (6.34%) SDLC
8 53 (6.22%) TDD
9 46 (5.40%) ITIL
10 42 (4.93%) Scrum
11 41 (4.81%) Continuous Integration
12 39 (4.58%) Migration
12 39 (4.58%) Waterfall
13 38 (4.46%) Test Automation
14 37 (4.34%) Multithreading
14 37 (4.34%) Problem-Solving
15 32 (3.76%) Asset Management
16 31 (3.64%) BDD
16 31 (3.64%) Visualisation
Programming Languages
1 189 (22.18%) Java
2 150 (17.61%) SQL
3 85 (9.98%) Python
4 66 (7.75%) JavaScript
5 62 (7.28%) C#
6 41 (4.81%) Java 8
7 25 (2.93%) PowerShell
8 20 (2.35%) C++
9 18 (2.11%) Scala
9 18 (2.11%) TypeScript
10 16 (1.88%) VBA
11 15 (1.76%) Shell Script
12 13 (1.53%) Bash Shell
12 13 (1.53%) T-SQL
13 12 (1.41%) R
13 12 (1.41%) VB.NET
14 11 (1.29%) Data Analysis Expressions (DAX)
14 11 (1.29%) Kotlin
15 9 (1.06%) Go
16 8 (0.94%) XPath
Qualifications
1 35 (4.11%) Degree
2 14 (1.64%) PMI Certification
2 14 (1.64%) PMP
3 10 (1.17%) CISSP
4 7 (0.82%) Microsoft Certification
4 7 (0.82%) Security Cleared
5 6 (0.70%) Cisco Certification
5 6 (0.70%) CISM
6 5 (0.59%) CCNP
6 5 (0.59%) CRISC
6 5 (0.59%) ISEB
7 4 (0.47%) A+ Certification
7 4 (0.47%) CCA
7 4 (0.47%) Computer Science Degree
7 4 (0.47%) MCDST
7 4 (0.47%) MCSA
7 4 (0.47%) PRINCE2 Practitioner
7 4 (0.47%) SC Cleared
8 3 (0.35%) ITIL Certification
8 3 (0.35%) Numerate Degree
Quality Assurance & Compliance
1 31 (3.64%) QA
2 22 (2.58%) PSD2
3 20 (2.35%) SEPA
4 14 (1.64%) PMO
5 10 (1.17%) GDPR
6 7 (0.82%) MiFID
7 6 (0.70%) COREP
7 6 (0.70%) FINREP
7 6 (0.70%) SLA
8 4 (0.47%) Basel III
8 4 (0.47%) Data Quality
8 4 (0.47%) EMIR
9 3 (0.35%) COBIT
10 2 (0.23%) IFRS
10 2 (0.23%) IFRS 9
10 2 (0.23%) PCI DSS
10 2 (0.23%) Solvency II
11 1 (0.12%) HIPAA
11 1 (0.12%) ITGC
11 1 (0.12%) NIST
System Software
1 72 (8.45%) Docker
2 60 (7.04%) Active Directory
3 24 (2.82%) XenApp
4 18 (2.11%) XenDesktop
5 11 (1.29%) VMware Infrastructure
6 7 (0.82%) Oracle RAC
7 6 (0.70%) HDFS
8 4 (0.47%) Hyper-V
9 3 (0.35%) Veritas Cluster Server
9 3 (0.35%) Virtual Machines
9 3 (0.35%) VMware ESXi
9 3 (0.35%) VMware Workstation
10 2 (0.23%) Cronacle
10 2 (0.23%) KVM
10 2 (0.23%) Veritas File System
10 2 (0.23%) Veritas Volume Manager
10 2 (0.23%) vSphere
11 1 (0.12%) Citrix Hypervisor
11 1 (0.12%) Varnish
11 1 (0.12%) Virtual Desktop
Systems Management
1 54 (6.34%) Kubernetes
2 26 (3.05%) SCCM
3 21 (2.46%) Ansible
4 13 (1.53%) Terraform
5 9 (1.06%) HP Quality Center
6 6 (0.70%) Microsoft Clustering
6 6 (0.70%) Puppet
6 6 (0.70%) Symantec Endpoint Protection
7 5 (0.59%) Opscode Chef
8 4 (0.47%) Cisco CUCM
8 4 (0.47%) Cisco UCCX
8 4 (0.47%) Hadoop YARN
8 4 (0.47%) linkerd
8 4 (0.47%) Microsoft Intune
8 4 (0.47%) Perfmon
8 4 (0.47%) Single Sign-On
8 4 (0.47%) WMI
9 3 (0.35%) Data Guard
9 3 (0.35%) Istio
9 3 (0.35%) Simpana
Vendors
1 94 (11.03%) Microsoft
2 43 (5.05%) Oracle
3 31 (3.64%) VMware
4 29 (3.40%) Citrix
5 18 (2.11%) Cisco
5 18 (2.11%) Google
5 18 (2.11%) HP
5 18 (2.11%) Tableau
6 14 (1.64%) IBM
7 11 (1.29%) Splunk
7 11 (1.29%) Symantec
8 10 (1.17%) Bloomberg
8 10 (1.17%) Reuters
8 10 (1.17%) Sybase
8 10 (1.17%) TIBCO
9 9 (1.06%) Atlassian
9 9 (1.06%) Red Hat
9 9 (1.06%) Veritas
10 7 (0.82%) CheckPoint
10 7 (0.82%) Salesforce.com