Period
to 14 November 2019

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 14 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.

Financial Institution
London > Central London
6 months to
14 Nov 2019
Same period 2018 Same period 2017
Rank 177 172 135
Rank change year-on-year -5 -37 -36
Contract jobs citing Financial Institution 75 136 155
As % of all contract IT jobs advertised in Central London 1.00% 1.48% 1.82%
As % of the General category 2.21% 2.91% 3.30%
Number of daily rates quoted 59 70 76
Central London median daily rate £550 £538 £550
Median daily rate % change year-on-year +2.33% -2.27% +15.79%
10th Percentile £305 £323 £406
90th Percentile £708 £742 £706
London median daily rate £550 £575 £550
% change year-on-year -4.35% +4.55% +15.79%
Number of hourly rates quoted 1 5 0
Central London median hourly rate £29.00 £18.70 -
Median hourly rate % change year-on-year +55.08% - -
London median hourly rate £18.70 £18.70 £18.70

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.

All General Skills
Central London
Contract vacancies with a requirement for common skills 3,387 4,680 4,694
As % of all contract IT jobs advertised in Central London 45.31% 50.80% 55.20%
Number of daily rates quoted 2,536 3,509 3,695
Central London median daily rate £513 £525 £515
Median daily rate % change year-on-year -2.38% +1.94% +8.42%
10th Percentile £320 £307 £313
90th Percentile £694 £688 £692
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 33 69 54
Central London median hourly rate £21.00 £19.00 £20.88
Median hourly rate % change year-on-year +10.53% -8.98% +4.38%
10th Percentile £13.51 £13.31 £12.66
90th Percentile £35.00 £37.09 £40.41
London median hourly rate £22.93 £23.50 £22.02
% change year-on-year -2.43% +6.75% +8.58%

Financial Institution
Job Vacancy Trend in Central London

Job postings citing Financial Institution as a percentage 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

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

Contractor daily rate trend for Financial Institution in Central London

Financial Institution
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Financial Institution in Central London over the 6 months to 14 November 2019.

Contractor daily rate histogram for Financial Institution in Central London

Financial Institution
Contractor Hourly Rate Trend in Central London

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

Contractor 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 14 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 -21 74 £550 +2.33% 38
Financial Institution
London

For the 6 months to 14 November 2019, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 75 (100.00%) Finance
2 16 (21.33%) Agile Software Development
2 16 (21.33%) Python
3 15 (20.00%) Windows
4 14 (18.67%) Front Office
5 13 (17.33%) Hedge funds
6 12 (16.00%) Banking
6 12 (16.00%) Asset Management
6 12 (16.00%) Risk Management
6 12 (16.00%) Equities
6 12 (16.00%) Java
6 12 (16.00%) Project Management
7 11 (14.67%) Retail
7 11 (14.67%) Office 365
8 10 (13.33%) AngularJS
8 10 (13.33%) Degree
8 10 (13.33%) JIRA
8 10 (13.33%) Microsoft
8 10 (13.33%) SQL
8 10 (13.33%) Migration
8 10 (13.33%) Windows 10
9 9 (12.00%) Problem-Solving
10 8 (10.67%) Fixed Income
10 8 (10.67%) Microsoft Excel
11 7 (9.33%) Blackberry
11 7 (9.33%) Middleware
11 7 (9.33%) C#
11 7 (9.33%) Mathematics
11 7 (9.33%) Spring
11 7 (9.33%) Java 8

Financial Institution
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 2 (2.67%) Elasticsearch
1 2 (2.67%) SAS
2 1 (1.33%) MS Exchange
2 1 (1.33%) SharePoint
Applications
1 8 (10.67%) Microsoft Excel
2 4 (5.33%) Microsoft PowerPoint
3 3 (4.00%) Microsoft Office
3 3 (4.00%) MS Visio
4 2 (2.67%) Spreadsheet
5 1 (1.33%) Microsoft Project
Business Applications
1 2 (2.67%) Oracle Financials
1 2 (2.67%) PeopleSoft Financials
2 1 (1.33%) Actimize
2 1 (1.33%) Global One
2 1 (1.33%) SimCorp Dimension
Cloud Services
1 11 (14.67%) Office 365
2 5 (6.67%) AWS
2 5 (6.67%) Azure
3 4 (5.33%) Power Platform
4 2 (2.67%) AWS Lambda
4 2 (2.67%) Serverless
5 1 (1.33%) Amazon EC2
5 1 (1.33%) Amazon ElastiCache
5 1 (1.33%) Amazon S3
5 1 (1.33%) AWS CloudFormation
5 1 (1.33%) AWS Step Functions
5 1 (1.33%) OpenShift
Communications & Networking
1 3 (4.00%) Firewall
2 1 (1.33%) FTP
2 1 (1.33%) Unified Communications
2 1 (1.33%) VPN
2 1 (1.33%) WAN
Database & Business Intelligence
1 5 (6.67%) Big Data
2 4 (5.33%) Power BI
2 4 (5.33%) SQL Server
3 3 (4.00%) MySQL
3 3 (4.00%) Relational Database
4 2 (2.67%) Apache Cassandra
4 2 (2.67%) Azure SQL Data Warehouse
4 2 (2.67%) Data Warehouse
4 2 (2.67%) NoSQL
4 2 (2.67%) Redis
5 1 (1.33%) Amazon DynamoDB
5 1 (1.33%) Amazon RDS
5 1 (1.33%) CouchDB
5 1 (1.33%) Hadoop
5 1 (1.33%) HBase
5 1 (1.33%) MongoDB
Development Applications
1 10 (13.33%) JIRA
2 4 (5.33%) InstallShield
2 4 (5.33%) Jenkins
2 4 (5.33%) MSI
2 4 (5.33%) TeamCity
2 4 (5.33%) WinDbg
3 3 (4.00%) Visual Studio
4 2 (2.67%) Git (software)
4 2 (2.67%) Octopus Deploy
4 2 (2.67%) RStudio
4 2 (2.67%) SonarQube
5 1 (1.33%) Atlassian Bamboo
5 1 (1.33%) CMake
5 1 (1.33%) GitLab
5 1 (1.33%) Jasmine
5 1 (1.33%) Karma Test Runner
5 1 (1.33%) NUnit
5 1 (1.33%) Sonatype Nexus
5 1 (1.33%) Team Foundation Server
5 1 (1.33%) Visual Studio Team System
General
1 75 (100.00%) Finance
2 14 (18.67%) Front Office
3 12 (16.00%) Banking
4 11 (14.67%) Retail
5 5 (6.67%) Back Office
6 2 (2.67%) Law
7 1 (1.33%) Billing
7 1 (1.33%) Investment Banking
7 1 (1.33%) Retail Banking
Job Titles
1 25 (33.33%) Developer
2 16 (21.33%) Analyst
3 10 (13.33%) Java Developer
4 8 (10.67%) Project Manager
5 6 (8.00%) Business Analyst
6 5 (6.67%) Applications Developer
6 5 (6.67%) C# Developer
7 4 (5.33%) Excel Developer
7 4 (5.33%) Excel VBA Developer
7 4 (5.33%) Front Office Developer
7 4 (5.33%) Support Analyst
7 4 (5.33%) VBA Developer
8 3 (4.00%) C++ Developer
8 3 (4.00%) Consultant
8 3 (4.00%) Workstream Manager
8 3 (4.00%) Workstream Project Manager
9 2 (2.67%) Data Warehouse Analyst
9 2 (2.67%) Desktop Analyst
9 2 (2.67%) Firewall Engineer
9 2 (2.67%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 10 (13.33%) AngularJS
2 7 (9.33%) Middleware
2 7 (9.33%) Spring
3 6 (8.00%) Hibernate
4 5 (6.67%) Flask
4 5 (6.67%) React
4 5 (6.67%) Vue.js
5 4 (5.33%) Kafka
5 4 (5.33%) Web Services
6 3 (4.00%) Spring Boot
7 2 (2.67%) .NET
7 2 (2.67%) .NET Core
7 2 (2.67%) ASP.NET Web API
7 2 (2.67%) EDI
7 2 (2.67%) HTML
7 2 (2.67%) RESTful
7 2 (2.67%) XML
8 1 (1.33%) Angular 2
8 1 (1.33%) Enzyme
8 1 (1.33%) Jest
Miscellaneous
1 13 (17.33%) Hedge funds
2 12 (16.00%) Equities
3 8 (10.67%) Fixed Income
4 7 (9.33%) Blackberry
5 6 (8.00%) Foreign Exchange (FX)
6 5 (6.67%) Analytical Skills
6 5 (6.67%) Derivative
6 5 (6.67%) User Experience
6 5 (6.67%) Wiki
7 3 (4.00%) Handset
8 2 (2.67%) Credit Risk
8 2 (2.67%) Data Centre
8 2 (2.67%) Management Information System
8 2 (2.67%) OTC Derivatives
8 2 (2.67%) SWIFT
9 1 (1.33%) Enterprise Software
9 1 (1.33%) Greenfield Project
9 1 (1.33%) Grid Computing
9 1 (1.33%) Self-Motivation
Operating Systems
1 15 (20.00%) Windows
2 10 (13.33%) Windows 10
3 6 (8.00%) Linux
4 4 (5.33%) Mac OS
4 4 (5.33%) Windows 7
5 3 (4.00%) Android
6 1 (1.33%) Unix
6 1 (1.33%) Windows Server
6 1 (1.33%) Windows Server 2008
Processes & Methodologies
1 16 (21.33%) Agile Software Development
2 12 (16.00%) Asset Management
2 12 (16.00%) Project Management
2 12 (16.00%) Risk Management
3 10 (13.33%) Migration
4 9 (12.00%) Problem-Solving
5 7 (9.33%) Mathematics
6 6 (8.00%) Front End Development
6 6 (8.00%) Use Case
6 6 (8.00%) Web Development
7 5 (6.67%) Analytics
7 5 (6.67%) Application Packaging
7 5 (6.67%) Business Intelligence
7 5 (6.67%) PRINCE
7 5 (6.67%) Product Management
7 5 (6.67%) Time Management
8 4 (5.33%) ITIL
8 4 (5.33%) ITSM
8 4 (5.33%) Service Delivery
8 4 (5.33%) Service Management
Programming Languages
1 16 (21.33%) Python
2 12 (16.00%) Java
3 10 (13.33%) SQL
4 7 (9.33%) C#
4 7 (9.33%) Java 8
5 6 (8.00%) JavaScript
5 6 (8.00%) VBA
6 5 (6.67%) PowerShell
7 4 (5.33%) VBScript
8 3 (4.00%) C++
8 3 (4.00%) Scala
9 2 (2.67%) R
10 1 (1.33%) Bash Shell
10 1 (1.33%) F#
10 1 (1.33%) Go
10 1 (1.33%) TypeScript
Qualifications
1 10 (13.33%) Degree
2 5 (6.67%) Numerate Degree
3 4 (5.33%) PRINCE2 Certification
4 2 (2.67%) CCNA
4 2 (2.67%) CCNP
4 2 (2.67%) Cisco Certification
5 1 (1.33%) CEH
5 1 (1.33%) CISSP
5 1 (1.33%) PMP
Quality Assurance & Compliance
1 1 (1.33%) PMO
1 1 (1.33%) PSD2
System Software
1 6 (8.00%) Active Directory
2 4 (5.33%) DFS Replication
2 4 (5.33%) Docker
2 4 (5.33%) Microsoft App-V
2 4 (5.33%) VMware Infrastructure
2 4 (5.33%) Xen
2 4 (5.33%) XenApp
2 4 (5.33%) XenDesktop
Systems Management
1 6 (8.00%) SCCM
2 5 (6.67%) SCOM
2 5 (6.67%) WSUS
3 4 (5.33%) Jamf Pro
3 4 (5.33%) Kubernetes
3 4 (5.33%) Perfmon
3 4 (5.33%) Terraform
3 4 (5.33%) XenMobile
4 2 (2.67%) FortiGate
5 1 (1.33%) Ansible
5 1 (1.33%) ITRS Geneos
5 1 (1.33%) McAfee ePO
5 1 (1.33%) Nagios
5 1 (1.33%) Netcool
5 1 (1.33%) OMEGAMON
5 1 (1.33%) Opscode Chef
5 1 (1.33%) Puppet
5 1 (1.33%) Tivoli
Vendors
1 10 (13.33%) Microsoft
2 6 (8.00%) Citrix
3 5 (6.67%) McAfee
4 4 (5.33%) HP
4 4 (5.33%) Ivanti
4 4 (5.33%) Lumension
4 4 (5.33%) VMware
5 3 (4.00%) Apple
5 3 (4.00%) Sybase
6 2 (2.67%) Bloomberg
6 2 (2.67%) Cisco
6 2 (2.67%) F5
6 2 (2.67%) Intel
6 2 (2.67%) Juniper
6 2 (2.67%) Oracle
6 2 (2.67%) Palo Alto
6 2 (2.67%) PeopleSoft
6 2 (2.67%) Reuters
6 2 (2.67%) SAP
6 2 (2.67%) SEEBURGER