Period
to 23 September 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 23 September 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
23 Sep 2018
Same period 2017 Same period 2016
Rank 6 4 4
Rank change year-on-year -2 0 0
Contract jobs citing Banking 956 1,471 1,208
As % of all contract IT jobs advertised in the City of London 13.92% 21.83% 17.85%
As % of the General category 27.25% 39.33% 33.50%
Number of daily rates quoted 718 1,241 1,020
City of London median daily rate £573 £550 £525
Median daily rate % change year-on-year +4.09% +4.76% -
10th Percentile £363 £400 £363
90th Percentile £725 £700 £719
Central London median daily rate £563 £550 £525
% change year-on-year +2.27% +4.76% -
Number of hourly rates quoted 22 19 5
City of London median hourly rate £18.70 £15.00 £20.00
Median hourly rate % change year-on-year +24.67% -25.00% -9.09%
10th Percentile £13.03 £14.50 £16.40
90th Percentile £21.30 £22.95 £22.83
Central London median hourly rate £18.70 £15.00 £21.00
% change year-on-year +24.67% -28.57% -4.55%

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 3,508 3,740 3,606
As % of all contract IT jobs advertised in the City of London 51.06% 55.51% 53.30%
Number of daily rates quoted 2,714 2,986 2,968
City of London median daily rate £525 £525 £488
Median daily rate % change year-on-year - +7.69% +2.63%
10th Percentile £315 £325 £308
90th Percentile £697 £688 £675
Central London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 49 35 25
City of London median hourly rate £18.70 £20.50 £20.00
Median hourly rate % change year-on-year -8.78% +2.50% -4.76%
10th Percentile £13.00 £12.71 £11.25
90th Percentile £25.50 £33.25 £46.50
Central London median hourly rate £18.70 £20.50 £20.00
% change year-on-year -8.78% +2.50% -4.76%

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 September 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 23 September 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 23 September 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
Moorgate -9 1 £475 -5.00%
London Bridge - 1 £475 -
Banking
Central London

For the 6 months to 23 September 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.

1 512 (53.56%) Finance
2 292 (30.54%) Agile Software Development
3 250 (26.15%) Java
4 231 (24.16%) Investment Banking
5 149 (15.59%) SQL
6 141 (14.75%) Front Office
7 140 (14.64%) Python
8 118 (12.34%) JavaScript
9 96 (10.04%) TDD
10 94 (9.83%) Windows
11 93 (9.73%) DevOps
12 91 (9.52%) Scrum
13 89 (9.31%) SQL Server
14 87 (9.10%) Stakeholder Management
15 82 (8.58%) Node.js
16 80 (8.37%) C#
17 76 (7.95%) Linux
18 74 (7.74%) REST
19 73 (7.64%) Jenkins
20 72 (7.53%) Spring
21 71 (7.43%) Docker
22 70 (7.32%) Foreign Exchange (FX)
23 69 (7.22%) HTML
24 68 (7.11%) .NET
24 68 (7.11%) Electronic Trading
25 67 (7.01%) Multithreading
25 67 (7.01%) BDD
26 66 (6.90%) Test Automation
26 66 (6.90%) Unix
27 65 (6.80%) Amazon AWS

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 22 (2.30%) Apache
1 22 (2.30%) Confluence
2 21 (2.20%) Cloud Foundry
2 21 (2.20%) JBoss
3 12 (1.26%) Apache Spark
4 11 (1.15%) Tomcat
4 11 (1.15%) WebSphere
5 10 (1.05%) Elasticsearch
6 9 (0.94%) Oracle SOA Suite
7 7 (0.73%) SharePoint
7 7 (0.73%) Skype for Business
7 7 (0.73%) WebLogic
8 6 (0.63%) SAS
9 5 (0.52%) CMS
9 5 (0.52%) IIS
9 5 (0.52%) NServiceBus
10 4 (0.42%) Blackberry Enterprise Server
10 4 (0.42%) Jupyter
10 4 (0.42%) Oracle Coherence
11 3 (0.31%) Mule
Applications
1 39 (4.08%) Microsoft Excel
2 19 (1.99%) Microsoft Office
3 12 (1.26%) Microsoft PowerPoint
4 7 (0.73%) InVision
5 6 (0.63%) MS Visio
6 5 (0.52%) Spreadsheet
7 3 (0.31%) Adobe Creative Suite
7 3 (0.31%) Chatbot
7 3 (0.31%) Microsoft Project
7 3 (0.31%) Photoshop
8 2 (0.21%) UXPin
9 1 (0.10%) Adobe Illustrator
9 1 (0.10%) OmniGraffle
9 1 (0.10%) SPSS
Business Applications
1 14 (1.46%) Temenos T24
2 9 (0.94%) ION MarketView
2 9 (0.94%) Temenos Globus
3 7 (0.73%) Actimize
4 4 (0.42%) Salesforce.com CRM
5 3 (0.31%) Dynamics CRM
5 3 (0.31%) Oracle Cash Management
6 2 (0.21%) Advent Portfolio Exchange
6 2 (0.21%) RMDS
6 2 (0.21%) Sentinel
6 2 (0.21%) thinkFolio
6 2 (0.21%) Workday HCM
7 1 (0.10%) Distributed Ledger
7 1 (0.10%) Eikon
7 1 (0.10%) Oracle FAH
7 1 (0.10%) Oracle General Ledger
7 1 (0.10%) Oracle Payables
7 1 (0.10%) Oracle Procure-to-Pay
7 1 (0.10%) Orchestrade
7 1 (0.10%) SunGard Martini
Cloud Services
1 65 (6.80%) Amazon AWS
2 39 (4.08%) Microsoft Azure
3 29 (3.03%) GitHub
4 25 (2.62%) Google Cloud Platform
5 20 (2.09%) IBM Cloud
6 19 (1.99%) npm
7 16 (1.67%) Heroku
8 14 (1.46%) Office 365
9 13 (1.36%) Cloud Computing
9 13 (1.36%) IaaS
10 12 (1.26%) PaaS
11 9 (0.94%) SaaS
12 4 (0.42%) Adobe Creative Cloud
12 4 (0.42%) Akamai
12 4 (0.42%) Azure Active Directory
12 4 (0.42%) Dynamics 365
12 4 (0.42%) OpenShift
13 3 (0.31%) SuccessFactors
14 2 (0.21%) Datadog
14 2 (0.21%) Virtual Private Cloud
Communications & Networking
1 18 (1.88%) Firewall
2 12 (1.26%) SAN
3 11 (1.15%) DNS
3 11 (1.15%) LAN
4 10 (1.05%) HTTP
4 10 (1.05%) Internet
4 10 (1.05%) WAN
5 9 (0.94%) DHCP
6 7 (0.73%) Kerberos
6 7 (0.73%) Skype
6 7 (0.73%) SSL
6 7 (0.73%) WebEx
7 6 (0.63%) Network Security
8 5 (0.52%) TCP/IP
9 4 (0.42%) Cisco IOS
9 4 (0.42%) Multicast
9 4 (0.42%) OSPF
9 4 (0.42%) SMS
9 4 (0.42%) Wireshark
10 3 (0.31%) F5 BIG-IP LTM
Database & Business Intelligence
1 89 (9.31%) SQL Server
2 54 (5.65%) Relational Database
3 23 (2.41%) RDBMS
4 16 (1.67%) Big Data
5 15 (1.57%) Oracle Database
6 14 (1.46%) Blockchain
6 14 (1.46%) NoSQL
6 14 (1.46%) SQL Server Integration Services
7 13 (1.36%) Data Warehouse
8 12 (1.26%) Data Mining
8 12 (1.26%) Hadoop
8 12 (1.26%) MongoDB
8 12 (1.26%) MySQL
9 9 (0.94%) SQL Server Reporting Services
10 8 (0.84%) Apache Cassandra
10 8 (0.84%) DB2
10 8 (0.84%) SQL Server Analysis Services
11 6 (0.63%) PostgreSQL
12 5 (0.52%) Apache Hive
12 5 (0.52%) SQL Server 2008
Development Applications
1 73 (7.64%) Jenkins
2 60 (6.28%) Maven
3 51 (5.33%) Git (software)
4 45 (4.71%) Selenium
5 41 (4.29%) JIRA
6 25 (2.62%) JUnit
7 23 (2.41%) Ant
8 21 (2.20%) Sonatype Nexus
9 20 (2.09%) Cucumber
9 20 (2.09%) SonarQube
10 16 (1.67%) Gerrit
10 16 (1.67%) GitLab
11 11 (1.15%) Mockito
12 9 (0.94%) Visual Studio
13 8 (0.84%) Gradle
13 8 (0.84%) TeamCity
13 8 (0.84%) webpack
14 7 (0.73%) Bitbucket
15 6 (0.63%) SoapUI
16 5 (0.52%) SpecFlow
General
1 512 (53.56%) Finance
2 231 (24.16%) Investment Banking
3 141 (14.75%) Front Office
4 52 (5.44%) Retail Banking
5 33 (3.45%) Financial Institution
6 29 (3.03%) Telecoms
7 21 (2.20%) Advertising
7 21 (2.20%) Retail
8 13 (1.36%) Back Office
8 13 (1.36%) Law
9 12 (1.26%) Legal
10 11 (1.15%) Private Banking
11 9 (0.94%) Games
11 9 (0.94%) International Banking
11 9 (0.94%) Marketing
12 8 (0.84%) Corporate Banking
13 3 (0.31%) Publishing
14 2 (0.21%) French Language
14 2 (0.21%) General Ledger
15 1 (0.10%) Italian Language
Job Titles
1 359 (37.55%) Developer
2 159 (16.63%) Java Developer
3 113 (11.82%) Analyst
4 98 (10.25%) Senior Developer
5 60 (6.28%) Architect
6 58 (6.07%) DevOps Engineer
7 56 (5.86%) Business Analyst
8 47 (4.92%) Senior Java Developer
9 40 (4.18%) Project Manager
10 38 (3.97%) Full Stack Developer
10 38 (3.97%) Senior DevOps
10 38 (3.97%) Senior DevOps Engineer
11 35 (3.66%) C# Developer
12 34 (3.56%) .NET Developer
13 33 (3.45%) Banking Analyst
14 28 (2.93%) Front Office Developer
15 25 (2.62%) Web Developer
16 23 (2.41%) Kubernetes Engineer
16 23 (2.41%) React Developer
17 22 (2.30%) Python Developer
Libraries, Frameworks & Software Standards
1 82 (8.58%) Node.js
2 74 (7.74%) REST
3 72 (7.53%) Spring
4 69 (7.22%) HTML
5 68 (7.11%) .NET
6 62 (6.49%) AngularJS
7 59 (6.17%) React
8 47 (4.92%) CSS
9 36 (3.77%) Web Services
10 34 (3.56%) Hibernate
10 34 (3.56%) HTML5
10 34 (3.56%) RESTful
11 27 (2.82%) JMS
11 27 (2.82%) Redux
12 26 (2.72%) Middleware
12 26 (2.72%) OAuth
12 26 (2.72%) SOAP
13 25 (2.62%) J2EE
14 24 (2.51%) Twitter Bootstrap
15 19 (1.99%) FIX Protocol
Miscellaneous
1 70 (7.32%) Foreign Exchange (FX)
2 54 (5.65%) Fintech
3 53 (5.54%) Analytical Skills
4 50 (5.23%) User Experience
5 41 (4.29%) Derivative
6 38 (3.97%) iPad
7 36 (3.77%) Greenfield Project
8 34 (3.56%) Fixed Income
9 27 (2.82%) Computer Science
10 26 (2.72%) Equities
11 24 (2.51%) Credit Risk
12 19 (1.99%) Data Centre
13 18 (1.88%) Mobile App
13 18 (1.88%) Self-Motivation
14 16 (1.67%) Market Risk
15 14 (1.46%) Algorithms
15 14 (1.46%) Equity Derivative
15 14 (1.46%) PKI
16 13 (1.36%) Robotics
17 11 (1.15%) Management Information System
Operating Systems
1 94 (9.83%) Windows
2 76 (7.95%) Linux
3 66 (6.90%) Unix
4 29 (3.03%) Apple iOS
5 28 (2.93%) Android
6 24 (2.51%) Windows 7
7 23 (2.41%) Windows Server
8 16 (1.67%) Red Hat Enterprise Linux
9 14 (1.46%) Windows 10
9 14 (1.46%) Windows Server 2008
10 7 (0.73%) Windows Server 2012
11 6 (0.63%) Ubuntu
12 4 (0.42%) CentOS
12 4 (0.42%) Windows Server 2003
13 3 (0.31%) AIX
13 3 (0.31%) Windows XP
14 2 (0.21%) Oracle Linux
14 2 (0.21%) Windows 8
15 1 (0.10%) Mac OS
15 1 (0.10%) Solaris
Processes & Methodologies
1 292 (30.54%) Agile Software Development
2 96 (10.04%) TDD
3 93 (9.73%) DevOps
4 91 (9.52%) Scrum
5 87 (9.10%) Stakeholder Management
6 68 (7.11%) Electronic Trading
7 67 (7.01%) BDD
7 67 (7.01%) Multithreading
8 66 (6.90%) Test Automation
9 57 (5.96%) Migration
10 52 (5.44%) Project Management
11 50 (5.23%) Continuous Integration
12 45 (4.71%) Low Latency
12 45 (4.71%) Open Source
13 44 (4.60%) SDLC
14 43 (4.50%) E-Commerce
14 43 (4.50%) ITIL
15 42 (4.39%) Configuration Management
16 41 (4.29%) Microservices
17 40 (4.18%) Web Development
Programming Languages
1 250 (26.15%) Java
2 149 (15.59%) SQL
3 140 (14.64%) Python
4 118 (12.34%) JavaScript
5 80 (8.37%) C#
6 55 (5.75%) Bash Shell
7 45 (4.71%) Ruby
8 41 (4.29%) Java 8
9 24 (2.51%) C++
10 23 (2.41%) Groovy
11 20 (2.09%) C
11 20 (2.09%) Perl
12 19 (1.99%) T-SQL
13 18 (1.88%) PowerShell
13 18 (1.88%) Scala
14 17 (1.78%) Kotlin
14 17 (1.78%) VBA
15 16 (1.67%) TypeScript
16 15 (1.57%) ES6
17 11 (1.15%) PL/SQL
Qualifications
1 55 (5.75%) Degree
2 16 (1.67%) Computer Science Degree
3 14 (1.46%) Cisco Certification
3 14 (1.46%) Microsoft Certification
4 13 (1.36%) CISSP
4 13 (1.36%) MCSE
5 11 (1.15%) Security Cleared
6 9 (0.94%) ITIL Certification
7 7 (0.73%) PRINCE2 Certification
7 7 (0.73%) SC Cleared
8 6 (0.63%) CCNA
8 6 (0.63%) CCNP
8 6 (0.63%) CISA
8 6 (0.63%) ISEB
9 4 (0.42%) A+ Certification
9 4 (0.42%) CCIE
9 4 (0.42%) CISM
9 4 (0.42%) MCSA
9 4 (0.42%) PMI Certification
9 4 (0.42%) PMP
Quality Assurance & Compliance
1 25 (2.62%) QA
2 16 (1.67%) PSD2
3 13 (1.36%) MiFID
4 12 (1.26%) SLA
5 9 (0.94%) PMO
6 7 (0.73%) ISO/IEC 27001
7 5 (0.52%) SEPA
8 4 (0.42%) WCAG
9 3 (0.31%) EMIR
9 3 (0.31%) GDPR
10 2 (0.21%) Data Quality
10 2 (0.21%) IFRS
10 2 (0.21%) ISO 20022
10 2 (0.21%) ISO/IEC 27005
10 2 (0.21%) NIST 800
11 1 (0.10%) COREP
11 1 (0.10%) FINREP
11 1 (0.10%) IFRS 9
11 1 (0.10%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
11 1 (0.10%) TARGET2
System Software
1 71 (7.43%) Docker
2 27 (2.82%) Active Directory
3 19 (1.99%) VMware Infrastructure
4 7 (0.73%) VMware ESXi
5 5 (0.52%) vSphere
6 4 (0.42%) Hyper-V
6 4 (0.42%) Microsoft App-V
6 4 (0.42%) XenDesktop
7 3 (0.31%) HDFS
7 3 (0.31%) OpenAM
7 3 (0.31%) ProxySG
7 3 (0.31%) Virtual Desktop
7 3 (0.31%) XenServer
8 2 (0.21%) Oracle RAC
8 2 (0.21%) Virtual Servers
9 1 (0.10%) Apache Flume
9 1 (0.10%) Apache ZooKeeper
9 1 (0.10%) Platform Symphony
9 1 (0.10%) XenApp
Systems Management
1 38 (3.97%) Kubernetes
2 23 (2.41%) Ansible
3 18 (1.88%) Consul
4 16 (1.67%) Mesos
5 14 (1.46%) Puppet
6 9 (0.94%) SCCM
7 8 (0.84%) Single Sign-On
8 7 (0.73%) Opscode Chef
9 5 (0.52%) Kibana
9 5 (0.52%) McAfee ePO
9 5 (0.52%) Terraform
9 5 (0.52%) Tivoli
10 4 (0.42%) Hadoop YARN
10 4 (0.42%) logstash
11 3 (0.31%) Cisco CUCM
11 3 (0.31%) DatAdvantage
11 3 (0.31%) vRealize Orchestrator
12 2 (0.21%) CASB
12 2 (0.21%) HP ALM
12 2 (0.21%) Tivoli Monitoring
Vendors
1 63 (6.59%) Microsoft
2 54 (5.65%) Oracle
3 39 (4.08%) IBM
4 26 (2.72%) VMware
5 23 (2.41%) Google
6 22 (2.30%) Citrix
7 21 (2.20%) Splunk
8 19 (1.99%) Apple
8 19 (1.99%) TIBCO
9 17 (1.78%) Cisco
10 16 (1.67%) Reuters
11 14 (1.46%) Bloomberg
11 14 (1.46%) McAfee
11 14 (1.46%) Sybase
11 14 (1.46%) Tableau
12 11 (1.15%) EMC
12 11 (1.15%) Temenos
13 10 (1.05%) Hitachi
13 10 (1.05%) ION Trading
13 10 (1.05%) Red Hat