Period
to 23 January 2019

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 23 January 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
Central London > City of London
6 months to
23 Jan 2019
Same period 2018 Same period 2017
Rank 5 4 4
Rank change year-on-year -1 0 -1
Contract jobs citing Banking 1,027 1,482 1,125
As % of all contract IT jobs advertised in the City of London 15.04% 20.79% 18.23%
As % of the General category 29.48% 37.64% 34.89%
Number of daily rates quoted 798 1,227 965
City of London median daily rate £575 £570 £550
Median daily rate % change year-on-year +0.88% +3.64% +4.76%
10th Percentile £375 £363 £375
90th Percentile £725 £738 £688
Central London median daily rate £575 £550 £539
% change year-on-year +4.55% +2.09% +2.62%
Number of hourly rates quoted 10 14 2
City of London median hourly rate £18.70 £15.00 £47.00
Median hourly rate % change year-on-year +24.67% -68.09% +95.83%
10th Percentile £16.62 £13.60 £20.35
90th Percentile £40.45 £19.81 £75.65
Central London median hourly rate £18.70 £15.00 £47.00
% change year-on-year +24.67% -68.09% +95.83%

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 3,484 3,937 3,224
As % of all contract IT jobs advertised in the City of London 51.01% 55.22% 52.25%
Number of daily rates quoted 2,653 3,152 2,572
City of London median daily rate £535 £525 £500
Median daily rate % change year-on-year +1.90% +5.00% -
10th Percentile £300 £325 £319
90th Percentile £688 £700 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +4.17%
Number of hourly rates quoted 34 41 15
City of London median hourly rate £18.70 £21.00 £21.75
Median hourly rate % change year-on-year -10.95% -3.45% -3.33%
10th Percentile £13.30 £15.00 £15.21
90th Percentile £31.88 £37.25 £72.25
Central London median hourly rate £18.70 £21.25 £21.75
% change year-on-year -12.00% -2.30% -3.33%

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 23 January 2019.

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 23 January 2019.

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 23 January 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
Moorgate - 1 £475 -
Banking
Central London

For the 6 months to 23 January 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 City of London region with a requirement for Banking.

1 464 (45.18%) Finance
2 414 (40.31%) Agile Software Development
3 338 (32.91%) Java
4 215 (20.93%) Investment Banking
5 189 (18.40%) Front Office
6 139 (13.53%) SQL
7 116 (11.30%) Greenfield Project
8 113 (11.00%) DevOps
9 109 (10.61%) JavaScript
10 104 (10.13%) SDLC
11 100 (9.74%) Python
12 98 (9.54%) Spring
13 97 (9.44%) TDD
14 92 (8.96%) REST
15 91 (8.86%) Multithreading
15 91 (8.86%) SQL Server
16 89 (8.67%) Microsoft
17 83 (8.08%) Windows
18 82 (7.98%) Analytical Skills
19 77 (7.50%) Open Source
20 76 (7.40%) C#
20 76 (7.40%) Microservices
21 74 (7.21%) Docker
22 72 (7.01%) Test Automation
23 71 (6.91%) HTML
24 70 (6.82%) .NET
24 70 (6.82%) Amazon AWS
25 69 (6.72%) Electronic Trading
25 69 (6.72%) Continuous Integration
26 67 (6.52%) Foreign Exchange (FX)

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 27 (2.63%) Apache
2 25 (2.43%) Confluence
3 24 (2.34%) JBoss
4 23 (2.24%) Apache Spark
5 18 (1.75%) WebSphere
6 16 (1.56%) Elasticsearch
7 14 (1.36%) SharePoint
7 14 (1.36%) Tomcat
8 13 (1.27%) WebLogic
9 9 (0.88%) Cloud Foundry
9 9 (0.88%) CMS
9 9 (0.88%) Oracle SOA Suite
10 7 (0.68%) IIS
11 5 (0.49%) NServiceBus
11 5 (0.49%) Oracle Coherence
12 4 (0.39%) Mule
12 4 (0.39%) Skype for Business
13 3 (0.29%) Jupyter
13 3 (0.29%) SAS
14 2 (0.19%) WebSphere Application Server
Applications
1 31 (3.02%) Microsoft Excel
2 20 (1.95%) Microsoft Office
3 11 (1.07%) Microsoft PowerPoint
4 7 (0.68%) Microsoft Project
5 6 (0.58%) Chatbot
5 6 (0.58%) MS Visio
6 4 (0.39%) Adobe Illustrator
6 4 (0.39%) InVision
6 4 (0.39%) Photoshop
7 2 (0.19%) InfoPath
7 2 (0.19%) Spreadsheet
8 1 (0.097%) OmniGraffle
8 1 (0.097%) SPSS
Business Applications
1 9 (0.88%) Dynamics CRM
2 4 (0.39%) Actimize
2 4 (0.39%) Temenos T24
3 3 (0.29%) Distributed Ledger
3 3 (0.29%) Oracle Cash Management
3 3 (0.29%) Oracle General Ledger
4 2 (0.19%) BusinessWorks
4 2 (0.19%) ION MarketView
4 2 (0.19%) Oracle ERP
4 2 (0.19%) Oracle FAH
4 2 (0.19%) Oracle Payables
4 2 (0.19%) Salesforce.com CRM
4 2 (0.19%) Sentinel
4 2 (0.19%) Summit
5 1 (0.097%) Endur
5 1 (0.097%) LatentZero
5 1 (0.097%) Oracle EBS
5 1 (0.097%) Oracle Financials
5 1 (0.097%) SAP SD
5 1 (0.097%) Temenos Globus
Cloud Services
1 70 (6.82%) Amazon AWS
2 51 (4.97%) Microsoft Azure
3 19 (1.85%) Office 365
4 13 (1.27%) Google Cloud Platform
5 9 (0.88%) PaaS
6 8 (0.78%) Cloud Computing
6 8 (0.78%) IaaS
6 8 (0.78%) Serverless
7 7 (0.68%) Apigee
7 7 (0.68%) GitHub
8 5 (0.49%) Azure Active Directory
8 5 (0.49%) npm
8 5 (0.49%) OpenShift
9 4 (0.39%) Amazon Kinesis
9 4 (0.39%) IBM Cloud
9 4 (0.39%) OneDrive
9 4 (0.39%) SaaS
10 3 (0.29%) Amazon EC2
10 3 (0.29%) Dynamics 365
10 3 (0.29%) Virtual Private Cloud
Communications & Networking
1 15 (1.46%) Firewall
2 11 (1.07%) WAN
3 10 (0.97%) LAN
3 10 (0.97%) SAN
4 9 (0.88%) Internet
5 8 (0.78%) HTTP
6 7 (0.68%) BGP
6 7 (0.68%) OSPF
7 6 (0.58%) EIGRP
7 6 (0.58%) Skype
8 5 (0.49%) VLAN
9 4 (0.39%) DNS
9 4 (0.39%) HTTPS
9 4 (0.39%) MPLS
9 4 (0.39%) Network Security
9 4 (0.39%) Wireless
10 3 (0.29%) AMQP
10 3 (0.29%) Cisco ASA
10 3 (0.29%) IPv4
10 3 (0.29%) NAS
Database & Business Intelligence
1 91 (8.86%) SQL Server
2 37 (3.60%) Relational Database
3 29 (2.82%) Data Warehouse
3 29 (2.82%) NoSQL
4 26 (2.53%) MongoDB
4 26 (2.53%) SQL Server Integration Services
5 24 (2.34%) Big Data
5 24 (2.34%) RDBMS
6 16 (1.56%) Data Mining
6 16 (1.56%) SQL Server Reporting Services
7 15 (1.46%) Hadoop
8 13 (1.27%) MySQL
9 9 (0.88%) Apache Cassandra
10 8 (0.78%) Amazon DynamoDB
10 8 (0.78%) Redis
11 7 (0.68%) SQL Server 2008
12 6 (0.58%) Apache Hive
12 6 (0.58%) Azure SQL Database
12 6 (0.58%) Biml
12 6 (0.58%) Oracle Database
Development Applications
1 63 (6.13%) Jenkins
2 51 (4.97%) Maven
3 49 (4.77%) JIRA
4 45 (4.38%) Selenium
5 39 (3.80%) Git (software)
6 30 (2.92%) Gradle
7 28 (2.73%) Cucumber
8 25 (2.43%) JUnit
9 18 (1.75%) Subversion
10 14 (1.36%) Visual Studio
11 11 (1.07%) Bitbucket
11 11 (1.07%) Mockito
12 10 (0.97%) JMeter
12 10 (0.97%) SoapUI
13 7 (0.68%) Eclipse
13 7 (0.68%) Jasmine
14 6 (0.58%) IntelliJ
14 6 (0.58%) jMock
14 6 (0.58%) Team Foundation Server
14 6 (0.58%) TeamCity
General
1 464 (45.18%) Finance
2 215 (20.93%) Investment Banking
3 189 (18.40%) Front Office
4 46 (4.48%) Retail Banking
5 30 (2.92%) Financial Institution
6 18 (1.75%) Back Office
7 16 (1.56%) Retail
8 14 (1.36%) International Banking
9 12 (1.17%) Marketing
10 11 (1.07%) Advertising
10 11 (1.07%) Corporate Banking
11 9 (0.88%) Law
11 9 (0.88%) Legal
12 6 (0.58%) Private Banking
12 6 (0.58%) Telecoms
13 4 (0.39%) General Ledger
14 3 (0.29%) Publishing
15 2 (0.19%) Games
15 2 (0.19%) Wholesale Banking
16 1 (0.097%) Manufacturing
Job Titles
1 412 (40.12%) Developer
2 235 (22.88%) Java Developer
3 131 (12.76%) Analyst
4 85 (8.28%) Full Stack Developer
5 67 (6.52%) Senior Developer
6 60 (5.84%) Front Office Developer
7 55 (5.36%) Architect
8 53 (5.16%) Business Analyst
9 50 (4.87%) DevOps Engineer
10 44 (4.28%) JSP Developer
10 44 (4.28%) Project Manager
11 41 (3.99%) Senior Java Developer
12 38 (3.70%) Banking Analyst
13 27 (2.63%) .NET Developer
13 27 (2.63%) C# Developer
14 26 (2.53%) Java Engineer
14 26 (2.53%) Test Analyst
15 23 (2.24%) Kubernetes Engineer
16 22 (2.14%) JavaScript Developer
17 20 (1.95%) Consultant
Libraries, Frameworks & Software Standards
1 98 (9.54%) Spring
2 92 (8.96%) REST
3 71 (6.91%) HTML
4 70 (6.82%) .NET
5 65 (6.33%) AngularJS
6 61 (5.94%) Node.js
7 56 (5.45%) React
8 50 (4.87%) CSS
9 45 (4.38%) Spring Boot
10 44 (4.28%) JSF
10 44 (4.28%) JSP
10 44 (4.28%) PrimeFaces
11 41 (3.99%) XML
12 36 (3.51%) JMS
13 35 (3.41%) Hibernate
13 35 (3.41%) Web Services
14 34 (3.31%) Middleware
14 34 (3.31%) RESTful
15 30 (2.92%) Redux
16 29 (2.82%) HTML5
Miscellaneous
1 116 (11.30%) Greenfield Project
2 82 (7.98%) Analytical Skills
3 67 (6.52%) Foreign Exchange (FX)
4 59 (5.74%) Derivative
5 58 (5.65%) Fixed Income
6 46 (4.48%) Fintech
6 46 (4.48%) User Experience
7 42 (4.09%) Equities
8 33 (3.21%) iPad
9 29 (2.82%) Equity Derivative
10 22 (2.14%) Self-Motivation
11 21 (2.04%) Data Centre
12 15 (1.46%) Mobile App
13 14 (1.36%) Hedge funds
13 14 (1.36%) SWIFT
14 12 (1.17%) Management Information System
15 11 (1.07%) Credit Risk
16 10 (0.97%) Enterprise Software
17 9 (0.88%) CMDB
18 8 (0.78%) Online Banking
Operating Systems
1 83 (8.08%) Windows
2 65 (6.33%) Unix
3 54 (5.26%) Linux
4 21 (2.04%) Red Hat Enterprise Linux
5 20 (1.95%) Windows 7
5 20 (1.95%) Windows Server
6 17 (1.66%) Windows 10
7 14 (1.36%) Apple iOS
8 9 (0.88%) Android
9 7 (0.68%) Windows Server 2008
10 6 (0.58%) Solaris
11 5 (0.49%) Windows Server 2012
12 3 (0.29%) Mac OS X
12 3 (0.29%) Windows XP
13 2 (0.19%) SUSE Linux Enterprise Server
13 2 (0.19%) Ubuntu
13 2 (0.19%) Windows Server 2003
14 1 (0.097%) Mac OS
Processes & Methodologies
1 414 (40.31%) Agile Software Development
2 113 (11.00%) DevOps
3 104 (10.13%) SDLC
4 97 (9.44%) TDD
5 91 (8.86%) Multithreading
6 77 (7.50%) Open Source
7 76 (7.40%) Microservices
8 72 (7.01%) Test Automation
9 69 (6.72%) Continuous Integration
9 69 (6.72%) Electronic Trading
10 61 (5.94%) Scrum
11 60 (5.84%) Migration
11 60 (5.84%) Stakeholder Management
12 59 (5.74%) BDD
13 55 (5.36%) Project Management
14 53 (5.16%) Analytics
14 53 (5.16%) Low Latency
15 51 (4.97%) Continuous Delivery
16 45 (4.38%) ITIL
17 44 (4.28%) E-Commerce
Programming Languages
1 338 (32.91%) Java
2 139 (13.53%) SQL
3 109 (10.61%) JavaScript
4 100 (9.74%) Python
5 76 (7.40%) C#
6 39 (3.80%) Java 8
7 35 (3.41%) Scala
8 27 (2.63%) PowerShell
9 24 (2.34%) Groovy
10 21 (2.04%) Bash Shell
11 19 (1.85%) C++
12 18 (1.75%) Ruby
13 14 (1.36%) T-SQL
14 13 (1.27%) Perl
14 13 (1.27%) Shell Script
15 12 (1.17%) TypeScript
16 9 (0.88%) PL/SQL
17 7 (0.68%) C
17 7 (0.68%) PHP
17 7 (0.68%) R
Qualifications
1 49 (4.77%) Degree
2 16 (1.56%) Computer Science Degree
3 14 (1.36%) CISSP
4 11 (1.07%) ISEB
5 9 (0.88%) Security Cleared
6 8 (0.78%) Cisco Certification
6 8 (0.78%) ISTQB
6 8 (0.78%) ITIL Certification
7 7 (0.68%) CCNP
8 6 (0.58%) PMP
9 5 (0.49%) Master's Degree
9 5 (0.49%) Microsoft Certification
9 5 (0.49%) PMI Certification
10 4 (0.39%) CCA
10 4 (0.39%) CCIE
10 4 (0.39%) PhD
11 3 (0.29%) CEH
11 3 (0.29%) MCSE
11 3 (0.29%) SC Cleared
11 3 (0.29%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 40 (3.89%) QA
2 23 (2.24%) SEPA
3 11 (1.07%) PSD2
4 10 (0.97%) PMO
5 9 (0.88%) MiFID
6 6 (0.58%) SLA
7 4 (0.39%) PCI DSS
7 4 (0.39%) TARGET2
8 3 (0.29%) Data Quality
8 3 (0.29%) EMIR
8 3 (0.29%) GDPR
8 3 (0.29%) IFRS
8 3 (0.29%) ISO/IEC 27001
9 2 (0.19%) HIPAA
9 2 (0.19%) IFRS 9
9 2 (0.19%) Sarbanes-Oxley
10 1 (0.097%) COBIT
10 1 (0.097%) GAAP
10 1 (0.097%) ISO 20022
10 1 (0.097%) WCAG
System Software
1 74 (7.21%) Docker
2 26 (2.53%) Active Directory
3 10 (0.97%) VMware Infrastructure
4 7 (0.68%) XenApp
4 7 (0.68%) XenDesktop
5 4 (0.39%) OpenAM
5 4 (0.39%) VMware ESXi
6 3 (0.29%) Hyper-V
6 3 (0.29%) Microsoft App-V
6 3 (0.29%) OpenDJ
6 3 (0.29%) Virtual Desktop
6 3 (0.29%) vSphere
7 2 (0.19%) HDFS
7 2 (0.19%) ProxySG
7 2 (0.19%) Virtual Machines
7 2 (0.19%) Virtual Servers
7 2 (0.19%) VMware Workstation
8 1 (0.097%) XenServer
Systems Management
1 48 (4.67%) Kubernetes
2 26 (2.53%) HP Quality Center
3 17 (1.66%) Ansible
4 13 (1.27%) SCCM
5 10 (0.97%) Single Sign-On
6 7 (0.68%) HP ALM
6 7 (0.68%) Kibana
7 6 (0.58%) logstash
7 6 (0.58%) Tivoli
8 5 (0.49%) Puppet
8 5 (0.49%) Terraform
8 5 (0.49%) Tivoli Monitoring
9 3 (0.29%) Consul
9 3 (0.29%) Netcool
10 2 (0.19%) Istio
10 2 (0.19%) linkerd
10 2 (0.19%) McAfee ePO
10 2 (0.19%) Nagios
10 2 (0.19%) Netcool/OMNIbus
10 2 (0.19%) Tivoli Storage Manager
Vendors
1 89 (8.67%) Microsoft
2 50 (4.87%) Oracle
3 36 (3.51%) IBM
4 35 (3.41%) HP
5 20 (1.95%) Splunk
6 19 (1.85%) Red Hat
6 19 (1.85%) VMware
7 18 (1.75%) Sybase
8 16 (1.56%) Citrix
8 16 (1.56%) Google
9 15 (1.46%) Bloomberg
10 13 (1.27%) Apple
11 12 (1.17%) Cisco
11 12 (1.17%) Reuters
11 12 (1.17%) Terracotta
12 11 (1.07%) FXall
13 10 (0.97%) ServiceNow
14 9 (0.88%) TIBCO
15 8 (0.78%) CheckPoint
15 8 (0.78%) Murex