Period
to 20 July 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 July 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 Jul 2018
Same period 2017 Same period 2016
Rank 5 4 4
Rank change year-on-year -1 0 0
Contract jobs citing Banking 1,133 1,297 1,234
As % of all contract IT jobs advertised in the City of London 15.95% 20.13% 18.01%
As % of the General category 30.51% 37.29% 33.57%
Number of daily rates quoted 884 1,094 1,066
City of London median daily rate £575 £550 £525
Median daily rate % change year-on-year +4.55% +4.76% +2.94%
10th Percentile £393 £400 £363
90th Percentile £738 £700 £700
Central London median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% +5.00%
Number of hourly rates quoted 19 22 5
City of London median hourly rate £18.70 £16.00 £22.00
Median hourly rate % change year-on-year +16.88% -27.27% +17.65%
10th Percentile £12.50 £13.50 £20.00
90th Percentile £22.00 £29.77 £40.10
Central London median hourly rate £18.70 £16.00 £22.13
% change year-on-year +16.88% -27.68% +20.64%

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 3,713 3,478 3,676
As % of all contract IT jobs advertised in the City of London 52.27% 53.97% 53.66%
Number of daily rates quoted 2,896 2,747 3,042
City of London median daily rate £525 £520 £500
Median daily rate % change year-on-year +0.96% +4.00% +5.26%
10th Percentile £325 £325 £308
90th Percentile £713 £675 £675
Central London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 46 40 28
City of London median hourly rate £19.50 £16.50 £19.49
Median hourly rate % change year-on-year +18.18% -15.35% -1.13%
10th Percentile £13.00 £12.52 £11.10
90th Percentile £31.98 £30.50 £37.95
Central London median hourly rate £19.50 £17.25 £20.00
% change year-on-year +13.04% -13.75% +1.45%

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 July 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 July 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 July 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 -9 3 £800 +77.78%
Moorgate -8 1 £625 +25.00%
Banking
Central London

For the 6 months to 20 July 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.

1 627 (55.34%) Finance
2 350 (30.89%) Agile Software Development
3 338 (29.83%) Java
4 300 (26.48%) Investment Banking
5 186 (16.42%) Front Office
6 178 (15.71%) SQL
7 160 (14.12%) JavaScript
8 157 (13.86%) Python
9 113 (9.97%) Scrum
10 111 (9.80%) TDD
11 102 (9.00%) Stakeholder Management
12 101 (8.91%) HTML
12 101 (8.91%) Node.js
13 98 (8.65%) Electronic Trading
13 98 (8.65%) DevOps
14 97 (8.56%) Linux
15 93 (8.21%) C#
16 92 (8.12%) AngularJS
17 90 (7.94%) Unix
18 88 (7.77%) Multithreading
19 87 (7.68%) React
20 80 (7.06%) Test Automation
20 80 (7.06%) Windows
20 80 (7.06%) .NET
21 77 (6.80%) Retail Banking
22 76 (6.71%) Foreign Exchange (FX)
23 75 (6.62%) SQL Server
23 75 (6.62%) Jenkins
24 70 (6.18%) Oracle
24 70 (6.18%) Spring

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 32 (2.82%) Confluence
2 31 (2.74%) WebSphere
3 24 (2.12%) Cloud Foundry
4 17 (1.50%) Apache
5 15 (1.32%) Apache Spark
5 15 (1.32%) JBoss
6 10 (0.88%) SharePoint
7 9 (0.79%) SAS
7 9 (0.79%) Skype for Business
8 8 (0.71%) Elasticsearch
9 7 (0.62%) CMS
9 7 (0.62%) Tomcat
10 6 (0.53%) Apache Pig
10 6 (0.53%) IIS
11 5 (0.44%) Oracle Coherence
11 5 (0.44%) Oracle SOA Suite
12 4 (0.35%) Jupyter
12 4 (0.35%) MQSeries
12 4 (0.35%) MS Exchange
12 4 (0.35%) SharePoint 2013
Applications
1 46 (4.06%) Microsoft Excel
2 17 (1.50%) Microsoft Office
3 13 (1.15%) Microsoft PowerPoint
4 9 (0.79%) Adobe Creative Suite
4 9 (0.79%) MS Visio
4 9 (0.79%) Spreadsheet
5 7 (0.62%) OmniGraffle
6 5 (0.44%) InVision
7 3 (0.26%) Microsoft Project
7 3 (0.26%) Photoshop
8 2 (0.18%) UXPin
9 1 (0.088%) Adobe Illustrator
Business Applications
1 21 (1.85%) Temenos T24
2 19 (1.68%) ION MarketView
3 12 (1.06%) Temenos Globus
4 10 (0.88%) Actimize
5 8 (0.71%) RMDS
6 5 (0.44%) Dynamics CRM
7 4 (0.35%) Oracle Cash Management
7 4 (0.35%) Orchestrade
8 3 (0.26%) Workday HCM
9 2 (0.18%) Advent Portfolio Exchange
9 2 (0.18%) Eagle PACE
9 2 (0.18%) PeopleSoft HCM
9 2 (0.18%) PeopleSoft HRMS
9 2 (0.18%) Salesforce.com CRM
9 2 (0.18%) thinkFolio
10 1 (0.088%) Bloomberg TOMS
10 1 (0.088%) BusinessWorks
10 1 (0.088%) Eloqua
10 1 (0.088%) Misys Midas
10 1 (0.088%) Oracle Procure-to-Pay
Cloud Services
1 69 (6.09%) Amazon AWS
2 31 (2.74%) Google Cloud Platform
2 31 (2.74%) Microsoft Azure
3 30 (2.65%) GitHub
4 29 (2.56%) npm
5 18 (1.59%) IBM Cloud
6 16 (1.41%) Heroku
7 14 (1.24%) IaaS
8 9 (0.79%) Office 365
9 8 (0.71%) Cloud Computing
10 7 (0.62%) SaaS
11 5 (0.44%) PaaS
12 4 (0.35%) Dynamics 365
12 4 (0.35%) SuccessFactors
13 3 (0.26%) Adobe Creative Cloud
13 3 (0.26%) Akamai
13 3 (0.26%) AWS CloudTrail
13 3 (0.26%) Serverless
14 2 (0.18%) Amazon CloudWatch
14 2 (0.18%) OpenShift
Communications & Networking
1 29 (2.56%) Firewall
2 17 (1.50%) LAN
3 14 (1.24%) SAN
4 12 (1.06%) DNS
4 12 (1.06%) Internet
4 12 (1.06%) WAN
5 11 (0.97%) TCP/IP
6 10 (0.88%) DHCP
6 10 (0.88%) Skype
7 9 (0.79%) Cisco IOS
7 9 (0.79%) HTTP
7 9 (0.79%) Kerberos
7 9 (0.79%) SSL
8 8 (0.71%) Multicast
8 8 (0.71%) OSPF
9 7 (0.62%) Network Security
9 7 (0.62%) WebEx
10 5 (0.44%) NX-OS
10 5 (0.44%) Wireless
10 5 (0.44%) Wireshark
Database & Business Intelligence
1 75 (6.62%) SQL Server
2 61 (5.38%) Relational Database
3 26 (2.29%) Big Data
4 24 (2.12%) RDBMS
5 23 (2.03%) Blockchain
6 20 (1.77%) Hadoop
6 20 (1.77%) NoSQL
7 18 (1.59%) Oracle Database
8 16 (1.41%) KDB
9 14 (1.24%) Data Mining
10 13 (1.15%) SQL Server Integration Services
11 12 (1.06%) MongoDB
12 11 (0.97%) Apache Cassandra
12 11 (0.97%) Data Warehouse
13 10 (0.88%) Apache Hive
13 10 (0.88%) MySQL
13 10 (0.88%) SQL Server Reporting Services
14 9 (0.79%) Hazelcast
15 8 (0.71%) SQL Server 2008
16 7 (0.62%) HBase
Development Applications
1 75 (6.62%) Jenkins
2 63 (5.56%) Maven
3 54 (4.77%) Git (software)
4 53 (4.68%) JIRA
5 52 (4.59%) Selenium
6 26 (2.29%) Cucumber
7 23 (2.03%) Ant
8 22 (1.94%) Sonatype Nexus
9 21 (1.85%) JUnit
10 18 (1.59%) SonarQube
10 18 (1.59%) webpack
11 17 (1.50%) TeamCity
12 16 (1.41%) Gerrit
12 16 (1.41%) GitLab
13 13 (1.15%) Visual Studio
14 10 (0.88%) Jasmine
15 9 (0.79%) Eclipse
16 8 (0.71%) Subversion
17 7 (0.62%) Axure RP
17 7 (0.62%) Balsamiq Mockups
General
1 627 (55.34%) Finance
2 300 (26.48%) Investment Banking
3 186 (16.42%) Front Office
4 77 (6.80%) Retail Banking
5 35 (3.09%) Retail
6 33 (2.91%) Telecoms
7 28 (2.47%) Financial Institution
8 20 (1.77%) Legal
9 19 (1.68%) Advertising
9 19 (1.68%) Back Office
10 18 (1.59%) Games
11 17 (1.50%) Private Banking
12 15 (1.32%) Law
13 12 (1.06%) Marketing
14 10 (0.88%) International Banking
15 9 (0.79%) Corporate Banking
16 3 (0.26%) French Language
16 3 (0.26%) General Ledger
17 1 (0.088%) Italian Language
17 1 (0.088%) Spanish Language
Job Titles
1 439 (38.75%) Developer
2 200 (17.65%) Java Developer
3 132 (11.65%) Analyst
4 116 (10.24%) Senior Developer
5 70 (6.18%) Architect
6 66 (5.83%) Business Analyst
7 59 (5.21%) Senior Java Developer
8 57 (5.03%) DevOps Engineer
9 48 (4.24%) Project Manager
9 48 (4.24%) React Developer
10 45 (3.97%) C# Developer
11 43 (3.80%) Front Office Developer
12 41 (3.62%) Senior DevOps
12 41 (3.62%) Senior DevOps Engineer
13 38 (3.35%) Solutions Architect
14 36 (3.18%) Web Developer
15 33 (2.91%) Banking Analyst
15 33 (2.91%) Consultant
16 32 (2.82%) Angular Developer
17 31 (2.74%) .NET Developer
Libraries, Frameworks & Software Standards
1 101 (8.91%) HTML
1 101 (8.91%) Node.js
2 92 (8.12%) AngularJS
3 87 (7.68%) React
4 80 (7.06%) .NET
5 70 (6.18%) Spring
6 67 (5.91%) HTML5
7 64 (5.65%) REST
8 60 (5.30%) CSS
9 45 (3.97%) Web Services
10 38 (3.35%) Redux
11 37 (3.27%) Twitter Bootstrap
12 35 (3.09%) FIX Protocol
13 33 (2.91%) RESTful
14 32 (2.82%) J2EE
15 29 (2.56%) Hibernate
16 28 (2.47%) XML
17 25 (2.21%) SOAP
18 24 (2.12%) CSS3
19 23 (2.03%) IBM Integration Bus
Miscellaneous
1 76 (6.71%) Foreign Exchange (FX)
2 62 (5.47%) Derivative
3 59 (5.21%) Analytical Skills
4 55 (4.85%) Greenfield Project
5 54 (4.77%) User Experience
6 48 (4.24%) Fintech
7 44 (3.88%) Fixed Income
8 39 (3.44%) Equities
9 31 (2.74%) iPad
10 30 (2.65%) Algorithms
10 30 (2.65%) Credit Risk
11 26 (2.29%) Equity Derivative
12 23 (2.03%) Mobile App
13 20 (1.77%) Computer Science
13 20 (1.77%) Self-Motivation
14 17 (1.50%) Robotics
15 16 (1.41%) Management Information System
16 14 (1.24%) Data Centre
16 14 (1.24%) SWIFT
17 12 (1.06%) Virtual Team
Operating Systems
1 97 (8.56%) Linux
2 90 (7.94%) Unix
3 80 (7.06%) Windows
4 37 (3.27%) Apple iOS
5 35 (3.09%) Android
6 23 (2.03%) Red Hat Enterprise Linux
7 19 (1.68%) Windows Server
8 14 (1.24%) Windows Server 2008
9 13 (1.15%) Windows 7
10 9 (0.79%) Windows 10
11 5 (0.44%) Windows Server 2012
12 4 (0.35%) AIX
12 4 (0.35%) CentOS
12 4 (0.35%) Solaris
12 4 (0.35%) Ubuntu
12 4 (0.35%) Windows Server 2003
13 2 (0.18%) Oracle Linux
13 2 (0.18%) Windows 8
13 2 (0.18%) Windows XP
14 1 (0.088%) Mac OS
Processes & Methodologies
1 350 (30.89%) Agile Software Development
2 113 (9.97%) Scrum
3 111 (9.80%) TDD
4 102 (9.00%) Stakeholder Management
5 98 (8.65%) DevOps
5 98 (8.65%) Electronic Trading
6 88 (7.77%) Multithreading
7 80 (7.06%) Test Automation
8 66 (5.83%) BDD
9 65 (5.74%) Web Development
10 63 (5.56%) Migration
11 59 (5.21%) SDLC
12 58 (5.12%) Project Management
13 56 (4.94%) Continuous Integration
14 53 (4.68%) Problem-Solving
15 49 (4.32%) Microservices
16 47 (4.15%) Business Analysis
16 47 (4.15%) Low Latency
17 46 (4.06%) Open Source
18 44 (3.88%) User Acceptance Testing
Programming Languages
1 338 (29.83%) Java
2 178 (15.71%) SQL
3 160 (14.12%) JavaScript
4 157 (13.86%) Python
5 93 (8.21%) C#
6 69 (6.09%) Java 8
7 56 (4.94%) Bash Shell
8 54 (4.77%) Ruby
9 27 (2.38%) VBA
10 22 (1.94%) C
10 22 (1.94%) C++
10 22 (1.94%) ES6
10 22 (1.94%) Perl
10 22 (1.94%) TypeScript
11 21 (1.85%) Groovy
12 19 (1.68%) Kotlin
12 19 (1.68%) R
12 19 (1.68%) Scala
13 16 (1.41%) Clojure
13 16 (1.41%) PowerShell
Qualifications
1 58 (5.12%) Degree
2 15 (1.32%) Cisco Certification
3 13 (1.15%) Microsoft Certification
4 12 (1.06%) CISSP
4 12 (1.06%) MCSE
5 10 (0.88%) Security Cleared
6 9 (0.79%) CISA
6 9 (0.79%) ITIL Certification
7 8 (0.71%) Computer Science Degree
7 8 (0.71%) ISEB
7 8 (0.71%) ISTQB
7 8 (0.71%) PRINCE2 Certification
7 8 (0.71%) SC Cleared
8 7 (0.62%) CISM
8 7 (0.62%) PMI Certification
8 7 (0.62%) PMP
9 6 (0.53%) CCNA
9 6 (0.53%) CCNP
9 6 (0.53%) Numerate Degree
10 4 (0.35%) CCIE
Quality Assurance & Compliance
1 33 (2.91%) QA
2 23 (2.03%) GCP
3 17 (1.50%) MiFID
3 17 (1.50%) PSD2
4 14 (1.24%) PMO
5 10 (0.88%) SLA
6 9 (0.79%) ISO/IEC 27001
6 9 (0.79%) SEPA
7 7 (0.62%) GDPR
8 5 (0.44%) ISO 20022
8 5 (0.44%) TARGET2
9 3 (0.26%) COREP
9 3 (0.26%) EMIR
9 3 (0.26%) FINREP
9 3 (0.26%) IFRS
9 3 (0.26%) IFRS 9
9 3 (0.26%) WCAG
10 2 (0.18%) COBIT
10 2 (0.18%) Dodd-Frank
10 2 (0.18%) ISO/IEC 27005
System Software
1 64 (5.65%) Docker
2 20 (1.77%) Active Directory
2 20 (1.77%) VMware Infrastructure
3 10 (0.88%) VMware ESXi
4 6 (0.53%) HDFS
5 4 (0.35%) Microsoft App-V
5 4 (0.35%) ProxySG
5 4 (0.35%) vSphere
6 3 (0.26%) OpenAM
6 3 (0.26%) Oracle RAC
6 3 (0.26%) XenDesktop
6 3 (0.26%) XenServer
7 2 (0.18%) Apache Flume
7 2 (0.18%) Apache ZooKeeper
7 2 (0.18%) Hyper-V
8 1 (0.088%) KVM
8 1 (0.088%) NFS
8 1 (0.088%) Platform Symphony
8 1 (0.088%) SRDF
8 1 (0.088%) Xen
Systems Management
1 33 (2.91%) Kubernetes
2 24 (2.12%) Ansible
3 17 (1.50%) Puppet
4 16 (1.41%) Consul
4 16 (1.41%) Mesos
5 12 (1.06%) Opscode Chef
6 10 (0.88%) Terraform
7 8 (0.71%) SCCM
8 7 (0.62%) Kibana
9 5 (0.44%) logstash
9 5 (0.44%) McAfee ePO
10 4 (0.35%) Docker Swarm
10 4 (0.35%) Hadoop YARN
10 4 (0.35%) Tivoli
11 3 (0.26%) Cisco CUCM
11 3 (0.26%) DatAdvantage
11 3 (0.26%) Grafana
11 3 (0.26%) vCenter Server
11 3 (0.26%) vRealize Orchestrator
12 2 (0.18%) CASB
Vendors
1 70 (6.18%) Oracle
2 65 (5.74%) Microsoft
3 46 (4.06%) IBM
4 30 (2.65%) VMware
5 25 (2.21%) Cisco
5 25 (2.21%) TIBCO
6 23 (2.03%) Splunk
6 23 (2.03%) Sybase
7 21 (1.85%) Bloomberg
7 21 (1.85%) ION Trading
7 21 (1.85%) Reuters
8 20 (1.77%) Google
9 18 (1.59%) Citrix
9 18 (1.59%) Temenos
10 13 (1.15%) McAfee
11 12 (1.06%) Adobe
11 12 (1.06%) EMC
11 12 (1.06%) Hitachi
11 12 (1.06%) Tableau
12 10 (0.88%) Red Hat