Period
to 20 November 2017

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 November 2017 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 Nov 2017
Same period 2016 Same period 2015
Rank 4 4 3
Rank change year-on-year 0 -1 +1
Contract jobs citing Banking 1561 1211 1959
As % of all contract IT jobs advertised in the City of London 22.02% 18.36% 21.43%
As % of the General category 39.60% 34.74% 39.74%
Number of daily rates quoted 1309 1023 1544
City of London median daily rate £568 £525 £525
Median daily rate % change year-on-year +8.10% - +5.00%
10th Percentile £386 £365 £343
90th Percentile £738 £700 £675
Central London median daily rate £550 £525 £525
% change year-on-year +4.76% - +5.00%
Number of hourly rates quoted 17 1 12
City of London median hourly rate £15.00 £14.00 £22.25
Median hourly rate % change year-on-year +7.14% -37.08% +1.14%
10th Percentile £14.01 £14.00 £17.71
90th Percentile £24.03 £14.00 £40.00
Central London median hourly rate £15.00 £37.00 £22.25
% change year-on-year -59.46% +66.29% +2.30%

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 3942 3486 4930
As % of all contract IT jobs advertised in the City of London 55.62% 52.86% 53.93%
Number of daily rates quoted 3171 2812 3837
City of London median daily rate £525 £500 £488
Median daily rate % change year-on-year +5.00% +2.56% +5.41%
10th Percentile £325 £313 £300
90th Percentile £700 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 38 19 50
City of London median hourly rate £21.25 £20.00 £20.75
Median hourly rate % change year-on-year +6.25% -3.61% +6.41%
10th Percentile £12.86 £11.20 £12.00
90th Percentile £36.95 £49.17 £48.97
Central London median hourly rate £20.88 £20.00 £21.00
% change year-on-year +4.38% -4.76% +5.00%

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 November 2017.

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 November 2017.

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 November 2017. 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 £500 -
Banking
Central London

For the 6 months to 20 November 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Banking.

1 969 (62.08%) Finance
2 525 (33.63%) Investment Banking
3 512 (32.80%) Java
4 498 (31.90%) Agile Software Development
5 300 (19.22%) Front Office
6 265 (16.98%) SQL
7 187 (11.98%) JavaScript
7 187 (11.98%) TDD
8 153 (9.80%) HTML
9 147 (9.42%) Electronic Trading
10 146 (9.35%) Python
11 143 (9.16%) Test Automation
12 142 (9.10%) Derivative
13 140 (8.97%) Foreign Exchange (FX)
13 140 (8.97%) Stakeholder Management
14 135 (8.65%) Linux
15 133 (8.52%) Multithreading
16 131 (8.39%) C#
16 131 (8.39%) DevOps
17 127 (8.14%) Oracle
18 124 (7.94%) Microsoft
19 117 (7.50%) SQL Server
20 115 (7.37%) Unix
21 112 (7.17%) AngularJS
22 106 (6.79%) .NET
23 105 (6.73%) SDLC
24 104 (6.66%) Windows
25 103 (6.60%) JIRA
26 100 (6.41%) Jenkins
27 98 (6.28%) 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 50 (3.20%) Apache Spark
2 45 (2.88%) Confluence
3 42 (2.69%) Apache
4 37 (2.37%) JBoss
5 26 (1.67%) Elasticsearch
6 21 (1.35%) WebSphere
7 16 (1.02%) MQSeries
7 16 (1.02%) Skype for Business
8 15 (0.96%) SharePoint
9 14 (0.90%) Mule
10 13 (0.83%) Tomcat
11 10 (0.64%) Cloud Foundry
11 10 (0.64%) MS Exchange
12 9 (0.58%) Oracle Coherence
12 9 (0.58%) SAS
13 8 (0.51%) IIS
14 6 (0.38%) Apache Pig
14 6 (0.38%) GemFire
15 4 (0.26%) Exchange Server 2007
16 3 (0.19%) WebSphere Application Server
Applications
1 63 (4.04%) Microsoft Excel
2 50 (3.20%) Microsoft Office
3 17 (1.09%) MS Visio
4 15 (0.96%) Microsoft PowerPoint
4 15 (0.96%) Spreadsheet
5 10 (0.64%) Adobe Creative Suite
5 10 (0.64%) OmniGraffle
6 8 (0.51%) Photoshop
7 7 (0.45%) Adobe Illustrator
7 7 (0.45%) Microsoft Project
8 5 (0.32%) Adobe After Effects
9 2 (0.13%) Chatbot
9 2 (0.13%) InVision
10 1 (0.064%) InDesign
10 1 (0.064%) UXPin
Business Applications
1 28 (1.79%) Dynamics CRM
2 26 (1.67%) ION MarketView
3 17 (1.09%) Temenos T24
4 9 (0.58%) Kondor
5 8 (0.51%) Salesforce.com CRM
6 6 (0.38%) Actimize
6 6 (0.38%) Oracle Cash Management
7 5 (0.32%) RMDS
8 4 (0.26%) Markit EDM
9 3 (0.19%) Endur
9 3 (0.19%) Misys Midas
9 3 (0.19%) Oracle Assets
9 3 (0.19%) Oracle E-Business Tax
9 3 (0.19%) Oracle Payables
10 2 (0.13%) BusinessWorks
10 2 (0.13%) FLEXCUBE
10 2 (0.13%) OpenText MBPM
10 2 (0.13%) Oracle EBS
10 2 (0.13%) Oracle Financials
10 2 (0.13%) SunGard GMI
Cloud Services
1 65 (4.16%) Amazon AWS
2 28 (1.79%) Microsoft Azure
3 19 (1.22%) Office 365
4 16 (1.02%) GitHub
5 15 (0.96%) Cloud Computing
6 11 (0.70%) npm
7 10 (0.64%) PaaS
8 9 (0.58%) IaaS
9 8 (0.51%) OpenShift
10 5 (0.32%) Force.com
10 5 (0.32%) Google Cloud Platform
10 5 (0.32%) Google Play
11 4 (0.26%) Amazon EC2
11 4 (0.26%) CloudBees
11 4 (0.26%) Dynamics 365
11 4 (0.26%) SaaS
12 3 (0.19%) AWS CloudFormation
12 3 (0.19%) Azure Active Directory
12 3 (0.19%) Sauce Labs
13 2 (0.13%) BrowserStack
Communications & Networking
1 20 (1.28%) Network Security
2 18 (1.15%) Firewall
3 17 (1.09%) Skype
4 16 (1.02%) LAN
5 12 (0.77%) Internet
6 11 (0.70%) SAN
6 11 (0.70%) WAN
7 10 (0.64%) Unified Communications
8 8 (0.51%) DNS
8 8 (0.51%) EIGRP
8 8 (0.51%) Multicast
8 8 (0.51%) VLAN
9 7 (0.45%) Cisco ASA
9 7 (0.45%) FIX Connectivity
9 7 (0.45%) IPv4
10 6 (0.38%) HTTP
10 6 (0.38%) SSL
10 6 (0.38%) TCP/IP
10 6 (0.38%) VoIP
10 6 (0.38%) WebEx
Database & Business Intelligence
1 117 (7.50%) SQL Server
2 88 (5.64%) Relational Database
3 76 (4.87%) Big Data
4 68 (4.36%) RDBMS
5 64 (4.10%) Hadoop
6 47 (3.01%) MongoDB
7 44 (2.82%) NoSQL
8 40 (2.56%) KDB
9 33 (2.11%) Apache Hive
10 21 (1.35%) Data Warehouse
11 20 (1.28%) HBase
12 16 (1.02%) Oracle Database
12 16 (1.02%) SQL Server Integration Services
13 15 (0.96%) Apache Cassandra
13 15 (0.96%) Impala
13 15 (0.96%) SQL Server Reporting Services
14 14 (0.90%) QlikView
15 11 (0.70%) Data Mining
15 11 (0.70%) Flink
15 11 (0.70%) SQL Server 2008
Development Applications
1 103 (6.60%) JIRA
2 100 (6.41%) Jenkins
3 86 (5.51%) Git (software)
4 67 (4.29%) Maven
5 54 (3.46%) Cucumber
5 54 (3.46%) Selenium
6 53 (3.40%) TeamCity
7 32 (2.05%) Subversion
8 26 (1.67%) Axure RP
9 23 (1.47%) Team Foundation Server
10 20 (1.28%) Appium
10 20 (1.28%) Gradle
11 14 (0.90%) Jasmine
12 13 (0.83%) Ant
13 12 (0.77%) JUnit
14 11 (0.70%) Balsamiq Mockups
14 11 (0.70%) NUnit
14 11 (0.70%) Sonatype Nexus
14 11 (0.70%) Visual Studio
14 11 (0.70%) WebDriver
General
1 969 (62.08%) Finance
2 525 (33.63%) Investment Banking
3 300 (19.22%) Front Office
4 87 (5.57%) Retail Banking
5 54 (3.46%) Financial Institution
5 54 (3.46%) Telecoms
6 36 (2.31%) Games
7 34 (2.18%) Back Office
8 33 (2.11%) International Banking
9 27 (1.73%) Retail
10 22 (1.41%) Legal
11 16 (1.02%) Advertising
12 13 (0.83%) Marketing
13 12 (0.77%) Billing
14 9 (0.58%) Wholesale Banking
15 7 (0.45%) Private Banking
16 6 (0.38%) Publishing
17 5 (0.32%) Corporate Banking
17 5 (0.32%) Law
18 3 (0.19%) German Language
Job Titles
1 649 (41.58%) Developer
2 277 (17.75%) Java Developer
3 275 (17.62%) Analyst
4 200 (12.81%) Senior Developer
5 130 (8.33%) Business Analyst
6 100 (6.41%) Project Manager
7 84 (5.38%) Senior Java Developer
8 74 (4.74%) C# Developer
9 68 (4.36%) Front Office Developer
10 63 (4.04%) Python Developer
11 53 (3.40%) Architect
12 49 (3.14%) Banking Analyst
13 47 (3.01%) Java Engineer
14 43 (2.75%) Senior Analyst
15 41 (2.63%) Consultant
16 39 (2.50%) Full Stack Developer
17 38 (2.43%) Scala Developer
18 37 (2.37%) Electronic Trading Developer
19 36 (2.31%) .NET Developer
19 36 (2.31%) Test Analyst
Libraries, Frameworks & Software Standards
1 153 (9.80%) HTML
2 112 (7.17%) AngularJS
3 106 (6.79%) .NET
4 98 (6.28%) Spring
5 88 (5.64%) HTML5
6 78 (5.00%) CSS
7 77 (4.93%) React
8 74 (4.74%) REST
9 68 (4.36%) Web Services
10 66 (4.23%) FIX Protocol
11 59 (3.78%) Middleware
12 49 (3.14%) XML
13 45 (2.88%) J2EE
13 45 (2.88%) Node.js
14 34 (2.18%) Hibernate
15 33 (2.11%) RESTful
16 32 (2.05%) SOAP
17 28 (1.79%) Twitter Bootstrap
18 27 (1.73%) TIBCO EMS
18 27 (1.73%) WPF
Miscellaneous
1 142 (9.10%) Derivative
2 140 (8.97%) Foreign Exchange (FX)
3 96 (6.15%) Analytical Skills
4 93 (5.96%) Equities
5 91 (5.83%) Fixed Income
6 69 (4.42%) User Experience
7 59 (3.78%) Computer Science
8 50 (3.20%) Greenfield Project
9 47 (3.01%) Equity Derivative
10 40 (2.56%) Virtual Team
11 37 (2.37%) Credit Risk
11 37 (2.37%) Hedge funds
11 37 (2.37%) Mobile App
12 31 (1.99%) Fintech
13 28 (1.79%) SWIFT
14 21 (1.35%) Market Risk
14 21 (1.35%) Reference Data
15 20 (1.28%) Data Centre
16 17 (1.09%) Data Structures
17 16 (1.02%) Algorithms
Operating Systems
1 135 (8.65%) Linux
2 115 (7.37%) Unix
3 104 (6.66%) Windows
4 40 (2.56%) Red Hat Enterprise Linux
5 30 (1.92%) Apple iOS
5 30 (1.92%) Windows Server
6 28 (1.79%) Android
7 18 (1.15%) Solaris
8 11 (0.70%) Windows Server 2012
9 10 (0.64%) Windows 10
10 8 (0.51%) Windows 7
11 7 (0.45%) Windows Server 2008
12 4 (0.26%) AIX
13 3 (0.19%) Kali Linux
14 2 (0.13%) Oracle Linux
14 2 (0.13%) Windows Server 2003
14 2 (0.13%) Windows XP
14 2 (0.13%) zOS
15 1 (0.064%) Mac OS X
15 1 (0.064%) SUSE
Processes & Methodologies
1 498 (31.90%) Agile Software Development
2 187 (11.98%) TDD
3 147 (9.42%) Electronic Trading
4 143 (9.16%) Test Automation
5 140 (8.97%) Stakeholder Management
6 133 (8.52%) Multithreading
7 131 (8.39%) DevOps
8 105 (6.73%) SDLC
9 98 (6.28%) Project Management
10 97 (6.21%) Low Latency
11 95 (6.09%) Scrum
12 93 (5.96%) BDD
13 80 (5.12%) User Acceptance Testing
14 78 (5.00%) Migration
15 73 (4.68%) Data Modelling
16 71 (4.55%) Asset Management
17 68 (4.36%) Risk Management
18 67 (4.29%) Business Analysis
19 59 (3.78%) Continuous Integration
20 57 (3.65%) Analytics
Programming Languages
1 512 (32.80%) Java
2 265 (16.98%) SQL
3 187 (11.98%) JavaScript
4 146 (9.35%) Python
5 131 (8.39%) C#
6 88 (5.64%) C++
7 68 (4.36%) VBA
8 51 (3.27%) Scala
9 36 (2.31%) Bash Shell
10 35 (2.24%) Ruby
11 32 (2.05%) Perl
12 30 (1.92%) Shell Script
13 25 (1.60%) TypeScript
14 21 (1.35%) PowerShell
15 18 (1.15%) VB
16 17 (1.09%) C
16 17 (1.09%) T-SQL
17 16 (1.02%) ES6
18 14 (0.90%) Apex Code
19 10 (0.64%) PHP
Qualifications
1 75 (4.80%) Degree
2 21 (1.35%) Computer Science Degree
2 21 (1.35%) Numerate Degree
2 21 (1.35%) PMI Certification
2 21 (1.35%) PMP
3 18 (1.15%) PRINCE2 Certification
4 12 (0.77%) CISSP
4 12 (0.77%) Security Cleared
5 11 (0.70%) Cisco Certification
5 11 (0.70%) CISM
5 11 (0.70%) ISEB
6 10 (0.64%) CCNP
7 8 (0.51%) Microsoft Certification
8 7 (0.45%) ITIL Certification
9 6 (0.38%) CCIE
9 6 (0.38%) ISTQB
9 6 (0.38%) Master's Degree
9 6 (0.38%) MCSE
9 6 (0.38%) PhD
9 6 (0.38%) SC Cleared
Quality Assurance & Compliance
1 67 (4.29%) MiFID
2 48 (3.07%) QA
3 21 (1.35%) GDPR
4 20 (1.28%) SLA
5 19 (1.22%) SEPA
6 18 (1.15%) PMO
7 14 (0.90%) EMIR
8 11 (0.70%) Dodd-Frank
9 7 (0.45%) COBIT
10 6 (0.38%) FINREP
11 5 (0.32%) COREP
11 5 (0.32%) Data Quality
12 4 (0.26%) IFRS
13 3 (0.19%) IFRS 9
13 3 (0.19%) Sarbanes-Oxley
14 2 (0.13%) FATCA
14 2 (0.13%) ISO/IEC 27001
14 2 (0.13%) TARGET2
15 1 (0.064%) ISO/IEC 27005
15 1 (0.064%) PMBOK
System Software
1 48 (3.07%) Docker
2 32 (2.05%) Active Directory
3 14 (0.90%) Apache Flume
3 14 (0.90%) HDFS
4 6 (0.38%) Microsoft App-V
5 5 (0.32%) VMware Infrastructure
6 4 (0.26%) XenApp
7 3 (0.19%) Virtual Machines
7 3 (0.19%) VMware ESXi
8 2 (0.13%) Apache ZooKeeper
8 2 (0.13%) ProxySG
8 2 (0.13%) vSphere
9 1 (0.064%) DFS Replication
9 1 (0.064%) Hyper-V
9 1 (0.064%) Platform Symphony
9 1 (0.064%) XenServer
Systems Management
1 36 (2.31%) Ansible
2 14 (0.90%) Oozie
3 13 (0.83%) Kubernetes
3 13 (0.83%) Puppet
4 12 (0.77%) MOM
5 10 (0.64%) HP Quality Center
5 10 (0.64%) Opscode Chef
6 9 (0.58%) Grafana
7 8 (0.51%) Kibana
7 8 (0.51%) SCCM
8 7 (0.45%) Cisco CUCM
8 7 (0.45%) ITRS Geneos
8 7 (0.45%) Terraform
9 5 (0.32%) Prometheus
10 4 (0.26%) Cisco UCCX
10 4 (0.26%) Docker Swarm
10 4 (0.26%) Systems Management Server (SMS)
11 3 (0.19%) Cisco UCCE
11 3 (0.19%) Thomson Reuters DACS
11 3 (0.19%) vCenter Server
Vendors
1 127 (8.14%) Oracle
2 124 (7.94%) Microsoft
3 56 (3.59%) Sybase
4 48 (3.07%) TIBCO
5 41 (2.63%) Salesforce.com
6 37 (2.37%) IBM
7 34 (2.18%) ION Trading
7 34 (2.18%) Red Hat
8 29 (1.86%) Bloomberg
9 28 (1.79%) Reuters
10 24 (1.54%) Splunk
11 21 (1.35%) Cisco
12 19 (1.22%) VMware
13 16 (1.02%) Google
13 16 (1.02%) Murex
14 14 (0.90%) Adobe
14 14 (0.90%) CheckPoint
15 13 (0.83%) Citrix
16 12 (0.77%) HP
16 12 (0.77%) Temenos