Period
to 21 January 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 21 January 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
21 Jan 2018
Same period 2017 Same period 2016
Rank 4 4 3
Rank change year-on-year 0 -1 +2
Contract jobs citing Banking 1,453 1,126 1,510
As % of all contract IT jobs advertised in the City of London 20.79% 18.23% 21.30%
As % of the General category 37.55% 34.91% 38.82%
Number of daily rates quoted 1,202 964 1,195
City of London median daily rate £569 £550 £525
Median daily rate % change year-on-year +3.41% +4.76% +5.00%
10th Percentile £363 £375 £350
90th Percentile £738 £688 £675
Central London median daily rate £550 £538 £525
% change year-on-year +2.33% +2.38% +5.00%
Number of hourly rates quoted 13 1 8
City of London median hourly rate £15.00 £14.00 £24.00
Median hourly rate % change year-on-year +7.14% -41.67% +11.63%
Central London median hourly rate £15.00 £14.00 £24.00
% change year-on-year +7.14% -41.67% +18.52%

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 3,870 3,225 3,890
As % of all contract IT jobs advertised in the City of London 55.36% 52.22% 54.87%
Number of daily rates quoted 3,099 2,574 3,037
City of London median daily rate £525 £500 £500
Median daily rate % change year-on-year +5.00% - +8.11%
10th Percentile £325 £319 £290
90th Percentile £700 £675 £675
Central London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% +5.56%
Number of hourly rates quoted 37 14 35
City of London median hourly rate £21.00 £21.75 £22.50
Median hourly rate % change year-on-year -3.45% -3.33% +25.00%
10th Percentile £15.00 £14.90 £12.00
90th Percentile £34.85 £53.98 £53.40
Central London median hourly rate £21.00 £21.75 £22.50
% change year-on-year -3.45% -3.33% +25.00%

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 21 January 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 21 January 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 21 January 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 £425 -
Banking
Central London

For the 6 months to 21 January 2018, 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.

1 902 (62.08%) Finance
2 494 (34.00%) Java
3 455 (31.31%) Investment Banking
4 407 (28.01%) Agile Software Development
5 260 (17.89%) Front Office
6 255 (17.55%) SQL
7 168 (11.56%) JavaScript
8 151 (10.39%) TDD
9 148 (10.19%) Python
10 143 (9.84%) Unix
11 141 (9.70%) C#
12 136 (9.36%) Linux
13 127 (8.74%) DevOps
14 126 (8.67%) Electronic Trading
15 122 (8.40%) Multithreading
16 119 (8.19%) Derivative
16 119 (8.19%) Oracle
17 118 (8.12%) SQL Server
17 118 (8.12%) Foreign Exchange (FX)
18 117 (8.05%) Microsoft
18 117 (8.05%) Test Automation
19 114 (7.85%) HTML
19 114 (7.85%) Stakeholder Management
20 112 (7.71%) .NET
21 111 (7.64%) Jenkins
22 107 (7.36%) SDLC
23 105 (7.23%) Windows
24 101 (6.95%) Analytical Skills
25 99 (6.81%) JIRA
26 94 (6.47%) Git (software)

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 48 (3.30%) Apache Spark
2 41 (2.82%) JBoss
3 29 (2.00%) WebSphere
4 26 (1.79%) Confluence
4 26 (1.79%) Elasticsearch
5 23 (1.58%) Apache
6 21 (1.45%) MQSeries
7 14 (0.96%) Skype for Business
7 14 (0.96%) Tomcat
8 13 (0.89%) Cloud Foundry
8 13 (0.89%) GemFire
9 11 (0.76%) SAS
10 10 (0.69%) Mule
10 10 (0.69%) Oracle Coherence
11 9 (0.62%) MS Exchange
11 9 (0.62%) SharePoint
12 8 (0.55%) WebSphere Application Server
13 5 (0.34%) IIS
14 4 (0.28%) nginx
15 3 (0.21%) WebLogic
Applications
1 68 (4.68%) Microsoft Excel
2 43 (2.96%) Microsoft Office
3 15 (1.03%) Microsoft PowerPoint
4 13 (0.89%) MS Visio
5 12 (0.83%) Spreadsheet
6 10 (0.69%) Adobe Creative Suite
6 10 (0.69%) OmniGraffle
7 5 (0.34%) Microsoft Project
8 2 (0.14%) InVision
8 2 (0.14%) Photoshop
9 1 (0.069%) Adobe Illustrator
9 1 (0.069%) Chatbot
Business Applications
1 28 (1.93%) ION MarketView
2 26 (1.79%) Temenos T24
3 19 (1.31%) Dynamics CRM
4 8 (0.55%) Kondor
4 8 (0.55%) Salesforce.com CRM
5 7 (0.48%) Actimize
5 7 (0.48%) Temenos Globus
6 6 (0.41%) Oracle Cash Management
7 4 (0.28%) Markit EDM
7 4 (0.28%) Summit
7 4 (0.28%) Workday HCM
8 3 (0.21%) Endur
8 3 (0.21%) Misys Midas
8 3 (0.21%) Oracle Assets
8 3 (0.21%) Oracle E-Business Tax
8 3 (0.21%) Oracle Payables
8 3 (0.21%) RMDS
9 2 (0.14%) FLEXCUBE
9 2 (0.14%) Oracle General Ledger
9 2 (0.14%) SunGard GMI
Cloud Services
1 72 (4.96%) Amazon AWS
2 28 (1.93%) Microsoft Azure
3 19 (1.31%) Office 365
4 17 (1.17%) npm
5 12 (0.83%) Cloud Computing
6 11 (0.76%) GitHub
7 7 (0.48%) Amazon EC2
8 6 (0.41%) Google Cloud Platform
8 6 (0.41%) PaaS
8 6 (0.41%) Serverless
9 5 (0.34%) AWS CloudFormation
9 5 (0.34%) Force.com
9 5 (0.34%) Google Play
9 5 (0.34%) IaaS
10 4 (0.28%) SaaS
10 4 (0.28%) Sauce Labs
11 3 (0.21%) Amazon S3
11 3 (0.21%) AWS Lambda
11 3 (0.21%) BrowserStack
12 2 (0.14%) Amazon CloudWatch
Communications & Networking
1 25 (1.72%) Firewall
2 17 (1.17%) Network Security
3 14 (0.96%) Skype
4 12 (0.83%) LAN
5 11 (0.76%) Internet
6 9 (0.62%) Unified Communications
6 9 (0.62%) WAN
7 8 (0.55%) FIX Connectivity
7 8 (0.55%) SSL
8 7 (0.48%) DNS
9 6 (0.41%) EIGRP
9 6 (0.41%) Multicast
9 6 (0.41%) SAN
9 6 (0.41%) TCP/IP
10 5 (0.34%) Cisco ASA
10 5 (0.34%) HTTP
10 5 (0.34%) IPv4
10 5 (0.34%) Kerberos
10 5 (0.34%) SMS
10 5 (0.34%) SWIFTNet
Database & Business Intelligence
1 118 (8.12%) SQL Server
2 84 (5.78%) Relational Database
3 66 (4.54%) Big Data
4 65 (4.47%) RDBMS
5 52 (3.58%) Hadoop
6 41 (2.82%) MongoDB
7 37 (2.55%) Apache Hive
8 34 (2.34%) KDB
9 33 (2.27%) NoSQL
10 23 (1.58%) HBase
11 22 (1.51%) Oracle Database
12 19 (1.31%) SQL Server 2008
13 18 (1.24%) Data Warehouse
13 18 (1.24%) Impala
14 15 (1.03%) SQL Server Integration Services
15 14 (0.96%) QlikView
16 13 (0.89%) Oracle Database 11g
17 12 (0.83%) SQL Server Reporting Services
18 11 (0.76%) Data Mining
18 11 (0.76%) MySQL
Development Applications
1 111 (7.64%) Jenkins
2 99 (6.81%) JIRA
3 94 (6.47%) Git (software)
4 75 (5.16%) Maven
5 60 (4.13%) Selenium
6 45 (3.10%) TeamCity
7 43 (2.96%) Cucumber
8 34 (2.34%) Subversion
9 18 (1.24%) Axure RP
10 17 (1.17%) Sonatype Nexus
10 17 (1.17%) Team Foundation Server
11 16 (1.10%) Appium
11 16 (1.10%) Gradle
12 13 (0.89%) Jasmine
13 12 (0.83%) Visual Studio
13 12 (0.83%) WebDriver
14 11 (0.76%) Balsamiq Mockups
15 10 (0.69%) Liquibase
15 10 (0.69%) NUnit
16 8 (0.55%) webpack
General
1 902 (62.08%) Finance
2 455 (31.31%) Investment Banking
3 260 (17.89%) Front Office
4 91 (6.26%) Retail Banking
5 56 (3.85%) Telecoms
6 47 (3.23%) Financial Institution
7 39 (2.68%) Games
8 27 (1.86%) Retail
9 25 (1.72%) Back Office
10 23 (1.58%) International Banking
11 21 (1.45%) Legal
12 15 (1.03%) Advertising
12 15 (1.03%) Marketing
13 8 (0.55%) Private Banking
14 7 (0.48%) Wholesale Banking
15 6 (0.41%) Billing
15 6 (0.41%) Law
16 5 (0.34%) Publishing
17 4 (0.28%) Corporate Banking
17 4 (0.28%) Retail Finance
Job Titles
1 586 (40.33%) Developer
2 262 (18.03%) Java Developer
3 233 (16.04%) Analyst
4 167 (11.49%) Senior Developer
5 106 (7.30%) Business Analyst
6 91 (6.26%) C# Developer
7 85 (5.85%) Senior Java Developer
8 84 (5.78%) Project Manager
9 52 (3.58%) Architect
10 49 (3.37%) Front Office Developer
10 49 (3.37%) Python Developer
11 48 (3.30%) Java Engineer
12 45 (3.10%) .NET Developer
13 44 (3.03%) DevOps Engineer
14 41 (2.82%) Banking Analyst
15 38 (2.62%) Consultant
16 37 (2.55%) Electronic Trading Developer
16 37 (2.55%) Support Analyst
17 36 (2.48%) C# .NET Developer
18 35 (2.41%) Test Analyst
Libraries, Frameworks & Software Standards
1 114 (7.85%) HTML
2 112 (7.71%) .NET
3 91 (6.26%) Spring
4 84 (5.78%) AngularJS
5 74 (5.09%) React
5 74 (5.09%) REST
6 66 (4.54%) HTML5
6 66 (4.54%) Web Services
7 60 (4.13%) FIX Protocol
8 59 (4.06%) Node.js
9 55 (3.79%) J2EE
10 54 (3.72%) CSS
11 50 (3.44%) XML
12 41 (2.82%) Middleware
13 33 (2.27%) Redux
13 33 (2.27%) Twitter Bootstrap
13 33 (2.27%) WPF
14 32 (2.20%) .NET Framework
15 30 (2.06%) SOAP
16 29 (2.00%) JMS
Miscellaneous
1 119 (8.19%) Derivative
2 118 (8.12%) Foreign Exchange (FX)
3 101 (6.95%) Analytical Skills
4 74 (5.09%) Fixed Income
5 68 (4.68%) Equities
6 58 (3.99%) Computer Science
7 50 (3.44%) User Experience
8 43 (2.96%) Greenfield Project
9 41 (2.82%) Credit Risk
9 41 (2.82%) Equity Derivative
10 36 (2.48%) SWIFT
11 35 (2.41%) Hedge funds
12 34 (2.34%) Mobile App
13 33 (2.27%) Fintech
14 31 (2.13%) Virtual Team
15 29 (2.00%) Market Risk
16 27 (1.86%) Data Centre
17 23 (1.58%) Reference Data
18 15 (1.03%) Management Information System
19 14 (0.96%) N-Tier
Operating Systems
1 143 (9.84%) Unix
2 136 (9.36%) Linux
3 105 (7.23%) Windows
4 44 (3.03%) Red Hat Enterprise Linux
5 25 (1.72%) Windows Server
6 22 (1.51%) Apple iOS
7 20 (1.38%) Android
8 15 (1.03%) Solaris
9 12 (0.83%) AIX
9 12 (0.83%) Windows 10
10 9 (0.62%) Windows Server 2012
11 8 (0.55%) Windows 7
12 7 (0.48%) Windows Server 2008
13 5 (0.34%) zOS
14 4 (0.28%) Windows XP
15 3 (0.21%) Mac OS X
15 3 (0.21%) Windows Server 2003
16 2 (0.14%) Kali Linux
16 2 (0.14%) Oracle Linux
17 1 (0.069%) CoreOS
Processes & Methodologies
1 407 (28.01%) Agile Software Development
2 151 (10.39%) TDD
3 127 (8.74%) DevOps
4 126 (8.67%) Electronic Trading
5 122 (8.40%) Multithreading
6 117 (8.05%) Test Automation
7 114 (7.85%) Stakeholder Management
8 107 (7.36%) SDLC
9 94 (6.47%) Project Management
10 84 (5.78%) Low Latency
11 83 (5.71%) BDD
12 74 (5.09%) Continuous Integration
13 72 (4.96%) Asset Management
14 71 (4.89%) Scrum
15 69 (4.75%) Risk Management
16 67 (4.61%) Business Analysis
16 67 (4.61%) User Acceptance Testing
17 61 (4.20%) Change Management
18 58 (3.99%) Migration
19 54 (3.72%) Integration Testing
Programming Languages
1 494 (34.00%) Java
2 255 (17.55%) SQL
3 168 (11.56%) JavaScript
4 148 (10.19%) Python
5 141 (9.70%) C#
6 75 (5.16%) VBA
7 61 (4.20%) C++
8 58 (3.99%) Ruby
9 52 (3.58%) Bash Shell
10 41 (2.82%) Perl
11 36 (2.48%) Scala
12 29 (2.00%) Shell Script
13 24 (1.65%) PowerShell
14 21 (1.45%) ES6
14 21 (1.45%) TypeScript
14 21 (1.45%) VB
15 14 (0.96%) Apex Code
16 13 (0.89%) VB.NET
17 12 (0.83%) C
18 11 (0.76%) T-SQL
Qualifications
1 81 (5.57%) Degree
2 28 (1.93%) PMP
3 25 (1.72%) PMI Certification
4 24 (1.65%) Computer Science Degree
5 16 (1.10%) Numerate Degree
6 15 (1.03%) PRINCE2 Certification
7 13 (0.89%) CISSP
8 12 (0.83%) CISM
9 9 (0.62%) ISEB
9 9 (0.62%) Master's Degree
10 8 (0.55%) Microsoft Certification
10 8 (0.55%) Security Cleared
11 7 (0.48%) Cisco Certification
12 6 (0.41%) CCIE
12 6 (0.41%) CCNP
12 6 (0.41%) MCSE
13 5 (0.34%) APMP
13 5 (0.34%) ITIL Certification
13 5 (0.34%) PhD
14 4 (0.28%) ISTQB
Quality Assurance & Compliance
1 57 (3.92%) QA
2 49 (3.37%) MiFID
3 24 (1.65%) SEPA
4 21 (1.45%) GDPR
5 19 (1.31%) SLA
6 17 (1.17%) EMIR
7 15 (1.03%) PMO
8 9 (0.62%) Dodd-Frank
9 7 (0.48%) COBIT
10 5 (0.34%) Data Quality
10 5 (0.34%) FATCA
10 5 (0.34%) IFRS
10 5 (0.34%) IFRS 9
10 5 (0.34%) TARGET2
11 4 (0.28%) Basel III
11 4 (0.28%) Sarbanes-Oxley
12 3 (0.21%) ISO/IEC 27001
12 3 (0.21%) Solvency II
13 2 (0.14%) GCP
14 1 (0.069%) PCI DSS
System Software
1 54 (3.72%) Docker
2 31 (2.13%) Active Directory
3 17 (1.17%) Apache Flume
3 17 (1.17%) HDFS
4 8 (0.55%) Microsoft App-V
4 8 (0.55%) XenApp
5 4 (0.28%) VMware ESXi
5 4 (0.28%) VMware Infrastructure
6 3 (0.21%) Apache ZooKeeper
7 2 (0.14%) ProxySG
8 1 (0.069%) Hyper-V
8 1 (0.069%) Platform Symphony
8 1 (0.069%) Virtual Desktop
8 1 (0.069%) Virtual Machines
8 1 (0.069%) Virtual Servers
8 1 (0.069%) vSphere
8 1 (0.069%) XenDesktop
8 1 (0.069%) XenServer
Systems Management
1 42 (2.89%) Ansible
2 22 (1.51%) Puppet
3 20 (1.38%) Oozie
4 19 (1.31%) Opscode Chef
5 18 (1.24%) Kubernetes
6 12 (0.83%) MOM
7 11 (0.76%) Docker Swarm
8 10 (0.69%) HP Quality Center
8 10 (0.69%) Terraform
9 7 (0.48%) ITRS Geneos
9 7 (0.48%) SCCM
10 5 (0.34%) CA Single Sign-On
10 5 (0.34%) Kibana
11 4 (0.28%) Nagios
12 3 (0.21%) Grafana
12 3 (0.21%) logstash
12 3 (0.21%) Salt
12 3 (0.21%) vCenter Server
13 2 (0.14%) Cisco CUCM
13 2 (0.14%) Systems Management Server (SMS)
Vendors
1 119 (8.19%) Oracle
2 117 (8.05%) Microsoft
3 55 (3.79%) Sybase
4 46 (3.17%) TIBCO
5 37 (2.55%) IBM
6 36 (2.48%) Salesforce.com
6 36 (2.48%) Splunk
7 35 (2.41%) ION Trading
8 33 (2.27%) Red Hat
9 25 (1.72%) Bloomberg
10 22 (1.51%) Reuters
11 21 (1.45%) Temenos
12 20 (1.38%) Citrix
13 19 (1.31%) Tableau
14 18 (1.24%) Cisco
15 15 (1.03%) AppDynamics
15 15 (1.03%) VMware
16 14 (0.96%) Informatica
16 14 (0.96%) Murex
17 13 (0.89%) Adobe