Period
to 20 April 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 20 April 2018 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
Central London > City of London
6 months to
20 Apr 2018
Same period 2017 Same period 2016
Rank 5 4 5
Rank change year-on-year -1 +1 0
Contract jobs citing Banking 1,300 1,102 1,276
As % of all contract IT jobs advertised in the City of London 18.46% 17.80% 19.47%
As % of the General category 34.40% 33.82% 35.55%
Number of daily rates quoted 1,054 932 1,075
City of London median daily rate £575 £550 £525
Median daily rate % change year-on-year +4.55% +4.76% +5.00%
10th Percentile £400 £381 £330
90th Percentile £738 £688 £675
Central London median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% +5.00%
Number of hourly rates quoted 14 13 5
City of London median hourly rate £15.00 £17.00 £22.25
Median hourly rate % change year-on-year -11.76% -23.60% +4.71%
10th Percentile £12.65 £13.50 £19.00
90th Percentile £20.45 £29.77 £40.95
Central London median hourly rate £15.00 £17.00 £22.25
% change year-on-year -11.76% -23.60% +11.39%

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 the City of London with a requirement for common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 3,779 3,258 3,589
As % of all contract IT jobs advertised in the City of London 53.67% 52.63% 54.77%
Number of daily rates quoted 2,983 2,539 2,897
City of London median daily rate £525 £500 £500
Median daily rate % change year-on-year +5.00% - +5.26%
10th Percentile £325 £321 £300
90th Percentile £725 £675 £669
Central London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% +2.70%
Number of hourly rates quoted 43 32 26
City of London median hourly rate £21.00 £18.99 £22.50
Median hourly rate % change year-on-year +10.58% -15.60% +25.94%
10th Percentile £13.60 £13.37 £15.64
90th Percentile £46.50 £30.04 £53.13
Central London median hourly rate £21.25 £20.54 £22.50
% change year-on-year +3.46% -8.71% +25.47%

Banking
Job Vacancy Trend in the City of London

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

Job vacancy trend for Banking in the City of London

Banking
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for Banking in the City of London

Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Banking in the City of London over the 6 months to 20 April 2018.

Contractor daily rate histogram for Banking in the City of London

Banking
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Banking in the City of London

Banking
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Banking in the City of London over the 6 months to 20 April 2018.

Contractor hourly rate histogram for Banking in the City of London

Banking
Contract Job Locations in the City of 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 City of London region over the 6 months to 20 April 2018. 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
London Bridge -5 7 £450 -
Moorgate - 1 £625 -
Banking
Central London

For the 6 months to 20 April 2018, 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 City of London region with a requirement for Banking.

1 763 (58.69%) Finance
2 445 (34.23%) Java
3 381 (29.31%) Investment Banking
4 368 (28.31%) Agile Software Development
5 225 (17.31%) SQL
6 211 (16.23%) Front Office
7 164 (12.62%) JavaScript
8 152 (11.69%) Python
9 142 (10.92%) Unix
10 129 (9.92%) Linux
11 125 (9.62%) DevOps
12 124 (9.54%) C#
13 123 (9.46%) Electronic Trading
14 121 (9.31%) TDD
15 117 (9.00%) Multithreading
16 103 (7.92%) HTML
17 99 (7.62%) Node.js
17 99 (7.62%) React
18 98 (7.54%) Scrum
19 97 (7.46%) Oracle
20 96 (7.38%) Foreign Exchange (FX)
20 96 (7.38%) Stakeholder Management
20 96 (7.38%) Test Automation
21 95 (7.31%) Java 8
22 93 (7.15%) .NET
23 92 (7.08%) Analytical Skills
24 89 (6.85%) Retail Banking
25 88 (6.77%) AngularJS
26 86 (6.62%) Spring
27 85 (6.54%) Project Management

Banking
Co-occurring IT Skills in the City of 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 42 (3.23%) WebSphere
2 33 (2.54%) Confluence
3 31 (2.38%) Apache Spark
4 24 (1.85%) Cloud Foundry
5 20 (1.54%) Elasticsearch
5 20 (1.54%) JBoss
6 16 (1.23%) MQSeries
7 14 (1.08%) SAS
8 13 (1.00%) Apache
8 13 (1.00%) GemFire
8 13 (1.00%) Skype for Business
9 11 (0.85%) SharePoint
9 11 (0.85%) Tomcat
10 10 (0.77%) Oracle Coherence
11 9 (0.69%) MS Exchange
11 9 (0.69%) WebSphere Application Server
12 7 (0.54%) Apache Pig
12 7 (0.54%) CMS
13 5 (0.38%) nginx
14 4 (0.31%) Apache Solr
Applications
1 57 (4.38%) Microsoft Excel
2 20 (1.54%) Microsoft Office
3 12 (0.92%) Microsoft PowerPoint
4 9 (0.69%) Adobe Creative Suite
5 8 (0.62%) OmniGraffle
5 8 (0.62%) Spreadsheet
6 7 (0.54%) MS Visio
7 5 (0.38%) Microsoft Project
8 2 (0.15%) InVision
8 2 (0.15%) Photoshop
8 2 (0.15%) UXPin
Business Applications
1 32 (2.46%) Temenos T24
2 31 (2.38%) ION MarketView
3 16 (1.23%) Temenos Globus
4 12 (0.92%) Actimize
5 10 (0.77%) RMDS
6 8 (0.62%) Dynamics CRM
6 8 (0.62%) Oracle Cash Management
7 6 (0.46%) Workday HCM
8 5 (0.38%) Kondor
9 4 (0.31%) Orchestrade
10 3 (0.23%) Summit
11 2 (0.15%) Eagle PACE
11 2 (0.15%) PeopleSoft HCM
11 2 (0.15%) PeopleSoft HRMS
12 1 (0.077%) Bloomberg TOMS
12 1 (0.077%) BusinessWorks
12 1 (0.077%) Misys Midas
12 1 (0.077%) SimCorp Dimension
12 1 (0.077%) thinkFolio
12 1 (0.077%) WebTrends
Cloud Services
1 66 (5.08%) Amazon AWS
2 31 (2.38%) npm
3 23 (1.77%) Microsoft Azure
4 17 (1.31%) Google Cloud Platform
5 16 (1.23%) GitHub
6 13 (1.00%) Office 365
7 12 (0.92%) IaaS
8 8 (0.62%) Serverless
9 7 (0.54%) Bluemix
9 7 (0.54%) IBM Cloud
9 7 (0.54%) SaaS
10 5 (0.38%) Cloud Computing
10 5 (0.38%) Heroku
10 5 (0.38%) PaaS
10 5 (0.38%) Sauce Labs
11 4 (0.31%) Amazon CloudWatch
11 4 (0.31%) Amazon EC2
11 4 (0.31%) BrowserStack
11 4 (0.31%) Google Play
12 3 (0.23%) AWS CloudTrail
Communications & Networking
1 34 (2.62%) Firewall
2 18 (1.38%) LAN
3 14 (1.08%) Skype
4 12 (0.92%) Internet
4 12 (0.92%) Network Security
4 12 (0.92%) TCP/IP
5 11 (0.85%) Cisco IOS
5 11 (0.85%) SSL
5 11 (0.85%) WAN
6 9 (0.69%) Unified Communications
7 8 (0.62%) Kerberos
7 8 (0.62%) Wireless
8 7 (0.54%) Multicast
8 7 (0.54%) OSPF
8 7 (0.54%) SWIFTNet
9 6 (0.46%) FIX Connectivity
10 5 (0.38%) DNS
10 5 (0.38%) SMS
10 5 (0.38%) Wireshark
11 4 (0.31%) DHCP
Database & Business Intelligence
1 84 (6.46%) SQL Server
2 61 (4.69%) Relational Database
3 44 (3.38%) Big Data
4 37 (2.85%) KDB
4 37 (2.85%) RDBMS
5 33 (2.54%) Hadoop
6 24 (1.85%) NoSQL
7 23 (1.77%) Blockchain
8 22 (1.69%) Oracle Database
9 20 (1.54%) SQL Server 2008
10 19 (1.46%) Apache Hive
11 18 (1.38%) MongoDB
11 18 (1.38%) MySQL
12 17 (1.31%) Hazelcast
13 15 (1.15%) Data Mining
13 15 (1.15%) Oracle Database 11g
14 14 (1.08%) SQL Server Integration Services
14 14 (1.08%) SQL Server Reporting Services
15 13 (1.00%) Apache Cassandra
15 13 (1.00%) HBase
Development Applications
1 83 (6.38%) Jenkins
2 82 (6.31%) Git (software)
3 78 (6.00%) JIRA
4 72 (5.54%) Maven
5 65 (5.00%) Selenium
6 45 (3.46%) Cucumber
7 44 (3.38%) TeamCity
8 22 (1.69%) webpack
9 20 (1.54%) Sonatype Nexus
10 19 (1.46%) Subversion
11 17 (1.31%) Gradle
12 16 (1.23%) JUnit
13 14 (1.08%) Liquibase
13 14 (1.08%) Visual Studio
14 13 (1.00%) Eclipse
15 12 (0.92%) SonarQube
16 11 (0.85%) Ant
16 11 (0.85%) Jasmine
17 10 (0.77%) Babel
18 9 (0.69%) Appium
General
1 763 (58.69%) Finance
2 381 (29.31%) Investment Banking
3 211 (16.23%) Front Office
4 89 (6.85%) Retail Banking
5 35 (2.69%) Retail
6 33 (2.54%) Telecoms
7 30 (2.31%) Financial Institution
8 28 (2.15%) Legal
9 26 (2.00%) Games
10 19 (1.46%) Back Office
11 16 (1.23%) Advertising
12 13 (1.00%) International Banking
12 13 (1.00%) Marketing
13 12 (0.92%) Law
13 12 (0.92%) Private Banking
14 8 (0.62%) Corporate Banking
15 4 (0.31%) Publishing
16 3 (0.23%) Wholesale Banking
17 2 (0.15%) French Language
17 2 (0.15%) General Ledger
Job Titles
1 512 (39.38%) Developer
2 244 (18.77%) Java Developer
3 169 (13.00%) Analyst
4 135 (10.38%) Senior Developer
5 92 (7.08%) Senior Java Developer
6 76 (5.85%) C# Developer
7 73 (5.62%) Project Manager
8 66 (5.08%) Business Analyst
9 61 (4.69%) DevOps Engineer
10 60 (4.62%) Architect
11 51 (3.92%) React Developer
12 40 (3.08%) Consultant
13 39 (3.00%) Front Office Developer
14 37 (2.85%) .NET Developer
14 37 (2.85%) Solutions Architect
15 35 (2.69%) Electronic Trading Developer
16 34 (2.62%) Electronic Trading Java Developer
17 32 (2.46%) Web Developer
18 31 (2.38%) Angular Developer
18 31 (2.38%) Banking Analyst
Libraries, Frameworks & Software Standards
1 103 (7.92%) HTML
2 99 (7.62%) Node.js
2 99 (7.62%) React
3 93 (7.15%) .NET
4 88 (6.77%) AngularJS
5 86 (6.62%) Spring
6 71 (5.46%) HTML5
7 66 (5.08%) REST
8 62 (4.77%) CSS
9 59 (4.54%) Web Services
10 55 (4.23%) FIX Protocol
11 46 (3.54%) Redux
12 44 (3.38%) J2EE
13 40 (3.08%) XML
14 37 (2.85%) Twitter Bootstrap
15 35 (2.69%) RESTful
16 32 (2.46%) TIBCO EMS
17 30 (2.31%) .NET Framework
17 30 (2.31%) Hibernate
18 26 (2.00%) JMS
Miscellaneous
1 96 (7.38%) Foreign Exchange (FX)
2 92 (7.08%) Analytical Skills
3 74 (5.69%) Derivative
4 69 (5.31%) Greenfield Project
5 55 (4.23%) Fixed Income
6 53 (4.08%) Equities
7 44 (3.38%) User Experience
8 38 (2.92%) Fintech
9 36 (2.77%) Credit Risk
10 35 (2.69%) Computer Science
11 31 (2.38%) Equity Derivative
11 31 (2.38%) Mobile App
11 31 (2.38%) SWIFT
12 27 (2.08%) Algorithms
13 26 (2.00%) Management Information System
14 23 (1.77%) Data Centre
15 22 (1.69%) Hedge funds
16 17 (1.31%) iPad
17 16 (1.23%) Market Risk
18 15 (1.15%) Linux Command Line
Operating Systems
1 142 (10.92%) Unix
2 129 (9.92%) Linux
3 79 (6.08%) Windows
4 37 (2.85%) Red Hat Enterprise Linux
5 31 (2.38%) Apple iOS
6 22 (1.69%) Android
7 16 (1.23%) AIX
8 12 (0.92%) Solaris
9 10 (0.77%) Windows Server
10 8 (0.62%) Windows 10
10 8 (0.62%) Windows 7
11 4 (0.31%) zOS
12 3 (0.23%) Mac OS X
12 3 (0.23%) Windows Server 2008
12 3 (0.23%) Windows XP
13 2 (0.15%) Ubuntu
13 2 (0.15%) Windows Server 2012
14 1 (0.077%) CoreOS
14 1 (0.077%) Debian
14 1 (0.077%) Windows Server 2003
Processes & Methodologies
1 368 (28.31%) Agile Software Development
2 125 (9.62%) DevOps
3 123 (9.46%) Electronic Trading
4 121 (9.31%) TDD
5 117 (9.00%) Multithreading
6 98 (7.54%) Scrum
7 96 (7.38%) Stakeholder Management
7 96 (7.38%) Test Automation
8 85 (6.54%) Project Management
9 83 (6.38%) Continuous Integration
10 77 (5.92%) SDLC
11 71 (5.46%) Low Latency
12 65 (5.00%) BDD
12 65 (5.00%) Migration
13 64 (4.92%) Business Analysis
13 64 (4.92%) Risk Management
14 63 (4.85%) Problem-Solving
15 61 (4.69%) Change Management
15 61 (4.69%) Web Development
16 50 (3.85%) Microservices
Programming Languages
1 445 (34.23%) Java
2 225 (17.31%) SQL
3 164 (12.62%) JavaScript
4 152 (11.69%) Python
5 124 (9.54%) C#
6 95 (7.31%) Java 8
7 60 (4.62%) Ruby
8 52 (4.00%) Bash Shell
9 50 (3.85%) VBA
10 29 (2.23%) ES6
10 29 (2.23%) Perl
10 29 (2.23%) Scala
11 22 (1.69%) C++
11 22 (1.69%) PowerShell
12 19 (1.46%) Shell Script
12 19 (1.46%) VB
13 17 (1.31%) TypeScript
14 16 (1.23%) C
14 16 (1.23%) R
15 15 (1.15%) Groovy
Qualifications
1 66 (5.08%) Degree
2 27 (2.08%) PMP
3 25 (1.92%) PMI Certification
4 18 (1.38%) CISSP
5 15 (1.15%) PRINCE2 Certification
6 12 (0.92%) Cisco Certification
6 12 (0.92%) CISM
7 11 (0.85%) Numerate Degree
8 10 (0.77%) CISA
9 9 (0.69%) Computer Science Degree
9 9 (0.69%) Master's Degree
10 7 (0.54%) ISEB
10 7 (0.54%) ISTQB
10 7 (0.54%) PhD
11 6 (0.46%) CCNP
11 6 (0.46%) ITIL Certification
11 6 (0.46%) Security Cleared
12 5 (0.38%) CCIE
13 4 (0.31%) CCNA
13 4 (0.31%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 47 (3.62%) QA
2 24 (1.85%) MiFID
3 21 (1.62%) SEPA
4 19 (1.46%) GDPR
5 15 (1.15%) PMO
5 15 (1.15%) SLA
6 14 (1.08%) GCP
7 10 (0.77%) TARGET2
8 9 (0.69%) PSD2
9 8 (0.62%) ISO/IEC 27001
10 7 (0.54%) EMIR
11 6 (0.46%) COBIT
12 5 (0.38%) IFRS
12 5 (0.38%) IFRS 9
13 4 (0.31%) FATCA
13 4 (0.31%) ISO 20022
14 3 (0.23%) Basel III
14 3 (0.23%) Dodd-Frank
14 3 (0.23%) Sarbanes-Oxley
14 3 (0.23%) Solvency II
System Software
1 77 (5.92%) Docker
2 19 (1.46%) Active Directory
3 9 (0.69%) HDFS
4 7 (0.54%) VMware ESXi
5 6 (0.46%) Apache Flume
5 6 (0.46%) Microsoft App-V
6 5 (0.38%) VMware Infrastructure
7 4 (0.31%) XenApp
8 3 (0.23%) Apache ZooKeeper
9 2 (0.15%) ProxySG
10 1 (0.077%) Hyper-V
10 1 (0.077%) KVM
10 1 (0.077%) NFS
10 1 (0.077%) OpenAM
10 1 (0.077%) Oracle RAC
10 1 (0.077%) SRDF
10 1 (0.077%) Virtual Desktop
10 1 (0.077%) Virtual Servers
10 1 (0.077%) Xen
10 1 (0.077%) XenDesktop
Systems Management
1 34 (2.62%) Kubernetes
2 33 (2.54%) Ansible
3 22 (1.69%) Opscode Chef
3 22 (1.69%) Puppet
4 15 (1.15%) Docker Swarm
5 11 (0.85%) Kibana
6 10 (0.77%) Terraform
7 9 (0.69%) Oozie
8 7 (0.54%) logstash
9 6 (0.46%) vCenter Server
10 5 (0.38%) CA Single Sign-On
10 5 (0.38%) Cisco CUCM
10 5 (0.38%) Consul
10 5 (0.38%) Mesos
10 5 (0.38%) PingFederate
11 4 (0.31%) Grafana
11 4 (0.31%) SCCM
11 4 (0.31%) Single Sign-On
12 3 (0.23%) Hadoop YARN
12 3 (0.23%) Salt
Vendors
1 97 (7.46%) Oracle
2 72 (5.54%) Microsoft
3 48 (3.69%) Sybase
4 45 (3.46%) IBM
5 39 (3.00%) Splunk
6 35 (2.69%) ION Trading
7 33 (2.54%) TIBCO
8 31 (2.38%) Temenos
9 28 (2.15%) Bloomberg
10 26 (2.00%) Reuters
11 23 (1.77%) Cisco
12 18 (1.38%) AppDynamics
13 16 (1.23%) VMware
14 15 (1.15%) Citrix
14 15 (1.15%) Red Hat
14 15 (1.15%) Tableau
15 14 (1.08%) Google
16 12 (0.92%) Avaya
17 11 (0.85%) Calypso
17 11 (0.85%) Murex