Financial Institution Contracts in Central London

Financial Institution
London > Central London

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 89 106 58
Rank change year-on-year +17 -48 +64
Contract jobs citing Financial Institution 47 66 188
As % of all contract jobs advertised in Central London 1.92% 1.71% 4.13%
As % of the General category 2.91% 2.75% 7.28%
Number of daily rates quoted 38 46 73
10th Percentile £297 £444 £246
25th Percentile £465 £616 £313
Median daily rate (50th Percentile) £650 £700 £425
Median % change year-on-year -7.14% +64.71% -29.90%
75th Percentile £775 £814 £588
90th Percentile £808 £844 £649
London median daily rate £625 £600 £610
% change year-on-year +4.17% -1.64% +6.09%

All General Skills
Central London

Financial Institution 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.

Contract vacancies with a requirement for common skills 1,613 2,397 2,583
As % of all contract IT jobs advertised in Central London 65.86% 62.10% 56.79%
Number of daily rates quoted 1,150 1,692 1,903
10th Percentile £338 £325 £350
25th Percentile £450 £475 £467
Median daily rate (50th Percentile) £556 £600 £570
Median % change year-on-year -7.29% +5.26% +6.05%
75th Percentile £688 £738 £675
90th Percentile £800 £825 £775
London median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +9.52%
Number of hourly rates quoted 17 15 26
10th Percentile £20.10 £15.20 £18.50
25th Percentile £22.50 £18.42 £21.00
Median hourly rate £25.00 £35.00 £44.50
Median % change year-on-year -28.57% -21.35% +137.33%
75th Percentile £43.75 £53.25 £57.00
90th Percentile £65.00 £58.75 £64.13
London median hourly rate £28.50 £32.00 £35.50
% change year-on-year -10.94% -9.86% +29.09%

Financial Institution
Job Vacancy Trend in Central London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Financial Institution in Central London

Financial Institution
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Financial Institution in Central London.

Daily rate trend for Financial Institution in Central London

Financial Institution
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Financial Institution in Central London over the 6 months to 28 April 2024.

Daily rate histogram for Financial Institution in Central London

Financial Institution
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Financial Institution in Central London.

Hourly rate trend for Financial Institution in Central London

Financial Institution
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 Financial Institution within the Central London region over the 6 months to 28 April 2024. 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
Jobs
City of London +33 46 £650 -7.14% 10
Financial Institution
London

Financial Institution
Co-occurring Skills and Capabilities in Central London by Category

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

Application Platforms
1 3 (6.38%) IBM Domino
1 3 (6.38%) IBM Notes
Applications
1 5 (10.64%) Microsoft Office
Business Applications
1 1 (2.13%) Distributed Ledger
1 1 (2.13%) Loan IQ
Cloud Services
1 13 (27.66%) Microsoft 365
2 12 (25.53%) Azure
3 6 (12.77%) Azure Key Vault
3 6 (12.77%) Entra ID
3 6 (12.77%) Power Automate
3 6 (12.77%) Power Platform
3 6 (12.77%) PowerApps
4 2 (4.26%) Cloud Computing
5 1 (2.13%) Azure DevOps
Communications & Networking
1 3 (6.38%) DNS
1 3 (6.38%) SMTP
1 3 (6.38%) TCP/IP
1 3 (6.38%) Unified Communications
2 1 (2.13%) Internet
Database & Business Intelligence
1 6 (12.77%) Power BI
Development Applications
1 1 (2.13%) Artifactory
1 1 (2.13%) Bitbucket
1 1 (2.13%) Cucumber
1 1 (2.13%) Jenkins
1 1 (2.13%) JIRA
1 1 (2.13%) Selenium
1 1 (2.13%) TeamCity
General
1 47 (100.00%) Finance
2 13 (27.66%) Banking
3 8 (17.02%) Social Skills
4 6 (12.77%) Analytical Skills
5 4 (8.51%) Advertising
5 4 (8.51%) International Banking
6 2 (4.26%) Investment Banking
7 1 (2.13%) Front Office
Job Titles
1 12 (25.53%) Architect
2 8 (17.02%) Analyst
3 6 (12.77%) Business Analyst
3 6 (12.77%) Platform Architect
3 6 (12.77%) Power Platform Architect
4 5 (10.64%) Security Architect
5 4 (8.51%) Azure Architect
5 4 (8.51%) Project Manager
5 4 (8.51%) Regulatory Business Analyst
5 4 (8.51%) Support Engineer
5 4 (8.51%) Systems Architect
6 3 (6.38%) IT Engineer
6 3 (6.38%) IT Support
6 3 (6.38%) IT Support Engineer
6 3 (6.38%) Microsoft 365 Engineer
6 3 (6.38%) Senior
6 3 (6.38%) Unified Communications Engineer
7 2 (4.26%) Business Continuity Analyst
7 2 (4.26%) Payments Business Analyst
7 2 (4.26%) Security Administrator
Libraries, Frameworks & Software Standards
1 6 (12.77%) JSON
1 6 (12.77%) Microsoft Graph
1 6 (12.77%) REST
1 6 (12.77%) XML
2 2 (4.26%) SailPoint
3 1 (2.13%) Middleware
Miscellaneous
1 4 (8.51%) PKI
1 4 (8.51%) Security Posture
2 3 (6.38%) Data Centre
3 2 (4.26%) Legacy Systems
3 2 (4.26%) Management Information System
3 2 (4.26%) Product Ownership
4 1 (2.13%) Algorithms
4 1 (2.13%) Blockchain
4 1 (2.13%) CBDC
4 1 (2.13%) Cyberattack
4 1 (2.13%) Derivative
4 1 (2.13%) Distributed Denial-of-Service
4 1 (2.13%) IoT
4 1 (2.13%) Onboarding
4 1 (2.13%) OTC Derivatives
4 1 (2.13%) Security Operations Centre
4 1 (2.13%) SWIFT Messaging Network
4 1 (2.13%) Web3
Operating Systems
1 5 (10.64%) Windows
2 3 (6.38%) Windows 7
3 1 (2.13%) Linux
3 1 (2.13%) Unix
3 1 (2.13%) Windows 10
Processes & Methodologies
1 13 (27.66%) Cybersecurity
2 10 (21.28%) Risk Management
3 9 (19.15%) CI/CD
4 7 (14.89%) Data Loss Prevention
4 7 (14.89%) Regulatory Compliance
5 6 (12.77%) Business Intelligence
5 6 (12.77%) Network Virtualisation
5 6 (12.77%) XML Parsing
6 5 (10.64%) Agile
6 5 (10.64%) Project Management
7 4 (8.51%) Computer Science
7 4 (8.51%) GAP Analysis
7 4 (8.51%) Impact Assessments
7 4 (8.51%) Network Architecture
7 4 (8.51%) Process Improvement
7 4 (8.51%) Project Delivery
7 4 (8.51%) Resilience Testing
7 4 (8.51%) Zero Trust
8 3 (6.38%) Capacity Management
8 3 (6.38%) Machine Learning
Programming Languages
1 6 (12.77%) PowerShell
2 5 (10.64%) Python
3 4 (8.51%) C#
3 4 (8.51%) Java
4 3 (6.38%) Clojure
4 3 (6.38%) Haskell
4 3 (6.38%) Rust
5 2 (4.26%) Go
6 1 (2.13%) C++
6 1 (2.13%) SQL
Qualifications
1 3 (6.38%) Degree
2 1 (2.13%) (ISC)2 CCSP
2 1 (2.13%) CCSP
2 1 (2.13%) CEH
2 1 (2.13%) Cisco Certification
2 1 (2.13%) CISSP
2 1 (2.13%) Computer Science Degree
2 1 (2.13%) Microsoft Certification
2 1 (2.13%) PMP
2 1 (2.13%) SC Cleared
2 1 (2.13%) Security Cleared
2 1 (2.13%) TOGAF Certification
Quality Assurance & Compliance
1 4 (8.51%) ISO/IEC 27001
2 3 (6.38%) NIST
2 3 (6.38%) QA
3 2 (4.26%) Basel III
3 2 (4.26%) GRC
3 2 (4.26%) ISO 22301
4 1 (2.13%) Cyber Essentials
4 1 (2.13%) ISAE 3402
4 1 (2.13%) PCI DSS
4 1 (2.13%) PMO
4 1 (2.13%) SLA
System Software
1 7 (14.89%) Active Directory
2 6 (12.77%) Virtual Machines
Systems Management
1 3 (6.38%) Kubernetes
2 1 (2.13%) Ansible
2 1 (2.13%) Microsoft Intune
2 1 (2.13%) Terraform
Vendors
1 17 (36.17%) Microsoft
2 4 (8.51%) IBM
3 3 (6.38%) Cisco
3 3 (6.38%) Lotus
3 3 (6.38%) Proofpoint
4 1 (2.13%) Atlassian
4 1 (2.13%) Calypso
4 1 (2.13%) HP
4 1 (2.13%) ServiceNow
4 1 (2.13%) Snow