Period
to 17 November 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 17 November 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
17 Nov 2018
Same period 2017 Same period 2016
Rank 6 4 4
Rank change year-on-year -2 0 -1
Contract jobs citing Banking 1,014 1,567 1,234
As % of all contract IT jobs advertised in the City of London 14.50% 22.00% 18.34%
As % of the General category 28.47% 39.42% 34.61%
Number of daily rates quoted 784 1,317 1,043
City of London median daily rate £575 £575 £525
Median daily rate % change year-on-year - +9.52% -
10th Percentile £375 £379 £363
90th Percentile £734 £738 £700
Central London median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% -
Number of hourly rates quoted 14 17 1
City of London median hourly rate £18.70 £15.00 £14.00
Median hourly rate % change year-on-year +24.67% +7.14% -37.08%
Central London median hourly rate £18.70 £15.00 £37.00
% change year-on-year +24.67% -59.46% +66.29%

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 3,562 3,975 3,565
As % of all contract IT jobs advertised in the City of London 50.95% 55.81% 53.00%
Number of daily rates quoted 2,766 3,199 2,881
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +2.56%
10th Percentile £313 £325 £313
90th Percentile £688 £700 £675
Central London median daily rate £525 £525 £488
% change year-on-year - +7.69% +2.63%
Number of hourly rates quoted 47 38 20
City of London median hourly rate £18.70 £21.25 £20.00
Median hourly rate % change year-on-year -12.00% +6.25% -
10th Percentile £13.60 £12.86 £11.23
90th Percentile £26.30 £36.95 £48.21
Central London median hourly rate £18.70 £20.50 £20.00
% change year-on-year -8.78% +2.50% -2.44%

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 17 November 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 17 November 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 17 November 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 -17 1 £475 -5.00%
London Bridge - 1 £475 -
Banking
Central London

For the 6 months to 17 November 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.

1 488 (48.13%) Finance
2 362 (35.70%) Agile Software Development
3 308 (30.37%) Java
4 227 (22.39%) Investment Banking
5 185 (18.24%) Front Office
6 147 (14.50%) SQL
7 126 (12.43%) JavaScript
8 115 (11.34%) DevOps
9 114 (11.24%) Python
10 103 (10.16%) TDD
11 98 (9.66%) SQL Server
12 93 (9.17%) Multithreading
13 92 (9.07%) Windows
14 86 (8.48%) Spring
15 85 (8.38%) Microsoft
16 84 (8.28%) REST
17 83 (8.19%) C#
18 82 (8.09%) Foreign Exchange (FX)
19 81 (7.99%) Stakeholder Management
20 80 (7.89%) Scrum
21 79 (7.79%) Node.js
21 79 (7.79%) Greenfield Project
22 78 (7.69%) Electronic Trading
23 75 (7.40%) Unix
23 75 (7.40%) Linux
24 74 (7.30%) Test Automation
24 74 (7.30%) Amazon AWS
25 73 (7.20%) Jenkins
26 72 (7.10%) AngularJS
26 72 (7.10%) BDD

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 28 (2.76%) Apache
2 24 (2.37%) Confluence
3 23 (2.27%) JBoss
4 16 (1.58%) Cloud Foundry
5 15 (1.48%) Elasticsearch
6 14 (1.38%) Apache Spark
6 14 (1.38%) WebLogic
7 13 (1.28%) Tomcat
8 12 (1.18%) WebSphere
9 11 (1.08%) SharePoint
10 9 (0.89%) Oracle SOA Suite
11 7 (0.69%) IIS
12 6 (0.59%) CMS
12 6 (0.59%) Skype for Business
13 5 (0.49%) Jupyter
13 5 (0.49%) NServiceBus
13 5 (0.49%) Oracle Coherence
14 4 (0.39%) Mule
14 4 (0.39%) SAS
15 1 (0.099%) MS Exchange
Applications
1 35 (3.45%) Microsoft Excel
2 21 (2.07%) Microsoft Office
3 13 (1.28%) Microsoft PowerPoint
4 6 (0.59%) InVision
4 6 (0.59%) Microsoft Project
4 6 (0.59%) MS Visio
5 5 (0.49%) Adobe Illustrator
5 5 (0.49%) Chatbot
5 5 (0.49%) Photoshop
6 4 (0.39%) Spreadsheet
7 2 (0.20%) InfoPath
8 1 (0.099%) Adobe Creative Suite
8 1 (0.099%) SPSS
Business Applications
1 6 (0.59%) ION MarketView
2 5 (0.49%) Dynamics CRM
3 4 (0.39%) Salesforce.com CRM
3 4 (0.39%) Temenos T24
4 3 (0.30%) Oracle Cash Management
5 2 (0.20%) BusinessWorks
5 2 (0.20%) Oracle ERP
5 2 (0.20%) Oracle FAH
5 2 (0.20%) Oracle General Ledger
5 2 (0.20%) Oracle Payables
5 2 (0.20%) Sentinel
5 2 (0.20%) Summit
6 1 (0.099%) HFM
6 1 (0.099%) LatentZero
6 1 (0.099%) Oracle EBS
6 1 (0.099%) Oracle EBS R12
6 1 (0.099%) Oracle Financials
6 1 (0.099%) SAP SD
6 1 (0.099%) Temenos Globus
6 1 (0.099%) thinkFolio
Cloud Services
1 74 (7.30%) Amazon AWS
2 47 (4.64%) Microsoft Azure
3 18 (1.78%) Google Cloud Platform
4 17 (1.68%) Office 365
5 15 (1.48%) GitHub
6 14 (1.38%) Cloud Computing
7 12 (1.18%) IaaS
7 12 (1.18%) IBM Cloud
7 12 (1.18%) npm
8 11 (1.08%) PaaS
9 8 (0.79%) Heroku
10 7 (0.69%) Serverless
11 6 (0.59%) Apigee
11 6 (0.59%) SaaS
12 5 (0.49%) OpenShift
13 4 (0.39%) Adobe Creative Cloud
13 4 (0.39%) Akamai
13 4 (0.39%) Azure Active Directory
13 4 (0.39%) OneDrive
14 3 (0.30%) Amazon EC2
Communications & Networking
1 18 (1.78%) Firewall
2 11 (1.08%) SAN
2 11 (1.08%) WAN
3 8 (0.79%) LAN
3 8 (0.79%) Skype
4 7 (0.69%) DNS
4 7 (0.69%) HTTP
4 7 (0.69%) Internet
5 6 (0.59%) BGP
5 6 (0.59%) OSPF
5 6 (0.59%) VLAN
6 5 (0.49%) DHCP
6 5 (0.49%) EIGRP
7 4 (0.39%) Cisco ASA
7 4 (0.39%) HTTPS
8 3 (0.30%) IPv4
8 3 (0.30%) Kerberos
8 3 (0.30%) MPLS
8 3 (0.30%) Network Security
8 3 (0.30%) TCP/IP
Database & Business Intelligence
1 98 (9.66%) SQL Server
2 56 (5.52%) Relational Database
3 33 (3.25%) RDBMS
4 25 (2.47%) MongoDB
5 24 (2.37%) NoSQL
5 24 (2.37%) SQL Server Integration Services
6 22 (2.17%) Data Warehouse
7 20 (1.97%) Big Data
8 13 (1.28%) Data Mining
9 12 (1.18%) Hadoop
9 12 (1.18%) SQL Server Reporting Services
10 11 (1.08%) MySQL
11 9 (0.89%) SQL Server 2008
12 7 (0.69%) Oracle Database
12 7 (0.69%) SQL Server Analysis Services
13 4 (0.39%) Apache Hive
13 4 (0.39%) Blockchain
13 4 (0.39%) Cosmos DB
13 4 (0.39%) Power BI
13 4 (0.39%) SQL Server 2012
Development Applications
1 73 (7.20%) Jenkins
2 49 (4.83%) JIRA
3 48 (4.73%) Maven
4 46 (4.54%) Git (software)
5 43 (4.24%) Selenium
6 23 (2.27%) JUnit
7 22 (2.17%) Cucumber
8 20 (1.97%) Gradle
9 14 (1.38%) Mockito
10 13 (1.28%) Sonatype Nexus
11 12 (1.18%) Subversion
11 12 (1.18%) Visual Studio
12 11 (1.08%) JMeter
13 10 (0.99%) Ant
13 10 (0.99%) Gerrit
13 10 (0.99%) SonarQube
14 8 (0.79%) Eclipse
14 8 (0.79%) GitLab
14 8 (0.79%) TeamCity
15 7 (0.69%) Bitbucket
General
1 488 (48.13%) Finance
2 227 (22.39%) Investment Banking
3 185 (18.24%) Front Office
4 45 (4.44%) Retail Banking
5 25 (2.47%) Financial Institution
6 21 (2.07%) Back Office
7 18 (1.78%) Advertising
8 15 (1.48%) Telecoms
9 14 (1.38%) International Banking
10 13 (1.28%) Marketing
11 12 (1.18%) Retail
12 8 (0.79%) Law
12 8 (0.79%) Private Banking
13 6 (0.59%) Corporate Banking
14 5 (0.49%) Games
15 4 (0.39%) General Ledger
15 4 (0.39%) Legal
16 3 (0.30%) Publishing
17 2 (0.20%) French Language
18 1 (0.099%) Spanish Language
Job Titles
1 410 (40.43%) Developer
2 215 (21.20%) Java Developer
3 113 (11.14%) Analyst
4 85 (8.38%) Senior Developer
5 69 (6.80%) Full Stack Developer
6 63 (6.21%) Architect
7 60 (5.92%) Business Analyst
8 55 (5.42%) DevOps Engineer
9 49 (4.83%) Front Office Developer
10 46 (4.54%) Senior Java Developer
11 41 (4.04%) Project Manager
12 37 (3.65%) Banking Analyst
13 33 (3.25%) C# Developer
14 31 (3.06%) .NET Developer
15 29 (2.86%) Senior DevOps
15 29 (2.86%) Senior DevOps Engineer
16 24 (2.37%) JavaScript Developer
17 23 (2.27%) JSP Developer
18 21 (2.07%) Kubernetes Engineer
19 19 (1.87%) Node.js Developer
Libraries, Frameworks & Software Standards
1 86 (8.48%) Spring
2 84 (8.28%) REST
3 79 (7.79%) Node.js
4 72 (7.10%) AngularJS
5 71 (7.00%) .NET
6 68 (6.71%) HTML
7 60 (5.92%) React
8 44 (4.34%) CSS
9 42 (4.14%) Hibernate
10 34 (3.35%) HTML5
10 34 (3.35%) JMS
11 31 (3.06%) Web Services
12 30 (2.96%) Angular 2
12 30 (2.96%) Spring Boot
13 27 (2.66%) Redux
13 27 (2.66%) RESTful
13 27 (2.66%) Twitter Bootstrap
13 27 (2.66%) XML
14 26 (2.56%) Middleware
15 25 (2.47%) JSON
Miscellaneous
1 82 (8.09%) Foreign Exchange (FX)
2 79 (7.79%) Greenfield Project
3 63 (6.21%) Analytical Skills
4 57 (5.62%) Derivative
5 54 (5.33%) Fintech
6 53 (5.23%) Fixed Income
7 45 (4.44%) User Experience
8 42 (4.14%) Equities
9 35 (3.45%) iPad
10 29 (2.86%) Computer Science
11 24 (2.37%) Self-Motivation
12 23 (2.27%) Equity Derivative
13 21 (2.07%) Data Centre
14 16 (1.58%) Mobile App
15 13 (1.28%) Market Risk
16 12 (1.18%) Credit Risk
16 12 (1.18%) SWIFT
17 11 (1.08%) Hedge funds
17 11 (1.08%) PKI
18 10 (0.99%) Algorithms
Operating Systems
1 92 (9.07%) Windows
2 75 (7.40%) Linux
2 75 (7.40%) Unix
3 24 (2.37%) Windows Server
4 23 (2.27%) Android
4 23 (2.27%) Red Hat Enterprise Linux
4 23 (2.27%) Windows 7
5 21 (2.07%) Windows 10
6 20 (1.97%) Apple iOS
7 12 (1.18%) Windows Server 2008
8 7 (0.69%) Windows Server 2012
9 4 (0.39%) Solaris
9 4 (0.39%) Windows XP
10 2 (0.20%) Mac OS
10 2 (0.20%) Mac OS X
10 2 (0.20%) SUSE Linux Enterprise Server
10 2 (0.20%) Ubuntu
10 2 (0.20%) Windows Server 2003
11 1 (0.099%) Windows 8
Processes & Methodologies
1 362 (35.70%) Agile Software Development
2 115 (11.34%) DevOps
3 103 (10.16%) TDD
4 93 (9.17%) Multithreading
5 81 (7.99%) Stakeholder Management
6 80 (7.89%) Scrum
7 78 (7.69%) Electronic Trading
8 74 (7.30%) Test Automation
9 72 (7.10%) BDD
10 70 (6.90%) Microservices
11 68 (6.71%) SDLC
12 65 (6.41%) Continuous Integration
13 62 (6.11%) Open Source
14 60 (5.92%) Migration
15 59 (5.82%) Low Latency
16 47 (4.64%) E-Commerce
17 45 (4.44%) Analytics
17 45 (4.44%) Project Management
18 44 (4.34%) ITIL
19 38 (3.75%) Continuous Delivery
Programming Languages
1 308 (30.37%) Java
2 147 (14.50%) SQL
3 126 (12.43%) JavaScript
4 114 (11.24%) Python
5 83 (8.19%) C#
6 42 (4.14%) Java 8
7 41 (4.04%) Bash Shell
8 30 (2.96%) Ruby
9 27 (2.66%) PowerShell
10 24 (2.37%) C++
10 24 (2.37%) Scala
11 23 (2.27%) Groovy
12 16 (1.58%) T-SQL
13 15 (1.48%) Kotlin
14 14 (1.38%) Perl
14 14 (1.38%) Shell Script
15 13 (1.28%) TypeScript
16 12 (1.18%) C
16 12 (1.18%) VBA
17 10 (0.99%) PL/SQL
Qualifications
1 45 (4.44%) Degree
2 20 (1.97%) Computer Science Degree
3 17 (1.68%) CISSP
4 13 (1.28%) Security Cleared
5 12 (1.18%) Microsoft Certification
6 10 (0.99%) MCSE
7 9 (0.89%) Cisco Certification
8 8 (0.79%) ISEB
9 7 (0.69%) ITIL Certification
9 7 (0.69%) SC Cleared
10 6 (0.59%) ISTQB
11 5 (0.49%) CCNP
12 4 (0.39%) CCIE
12 4 (0.39%) CISM
12 4 (0.39%) Master's Degree
12 4 (0.39%) MCSA
12 4 (0.39%) PMP
12 4 (0.39%) VCAP
12 4 (0.39%) VMware Certified Professional (VCP)
13 3 (0.30%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 31 (3.06%) QA
2 15 (1.48%) PSD2
3 10 (0.99%) SEPA
4 9 (0.89%) MiFID
4 9 (0.89%) PMO
5 6 (0.59%) SLA
6 4 (0.39%) TARGET2
6 4 (0.39%) WCAG
7 3 (0.30%) EMIR
7 3 (0.30%) ISO/IEC 27001
8 2 (0.20%) Data Quality
8 2 (0.20%) GDPR
8 2 (0.20%) HIPAA
8 2 (0.20%) IFRS
8 2 (0.20%) ISO 20022
9 1 (0.099%) COREP
9 1 (0.099%) IFRS 9
9 1 (0.099%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
9 1 (0.099%) ISO/IEC 27005
9 1 (0.099%) NIST 800
System Software
1 72 (7.10%) Docker
2 24 (2.37%) Active Directory
3 17 (1.68%) VMware Infrastructure
4 6 (0.59%) vSphere
5 5 (0.49%) VMware ESXi
6 4 (0.39%) Hyper-V
6 4 (0.39%) Microsoft App-V
6 4 (0.39%) XenDesktop
7 3 (0.30%) Virtual Desktop
7 3 (0.30%) XenApp
8 2 (0.20%) HDFS
8 2 (0.20%) OpenAM
8 2 (0.20%) Oracle RAC
8 2 (0.20%) ProxySG
8 2 (0.20%) Virtual Servers
9 1 (0.099%) Platform Symphony
9 1 (0.099%) XenServer
Systems Management
1 41 (4.04%) Kubernetes
2 22 (2.17%) Ansible
3 12 (1.18%) Puppet
4 11 (1.08%) HP Quality Center
4 11 (1.08%) SCCM
5 10 (0.99%) Consul
6 8 (0.79%) Mesos
6 8 (0.79%) Single Sign-On
7 7 (0.69%) Kibana
7 7 (0.69%) Opscode Chef
7 7 (0.69%) Terraform
7 7 (0.69%) Tivoli
8 6 (0.59%) logstash
9 5 (0.49%) HP ALM
10 4 (0.39%) Tivoli Monitoring
11 3 (0.30%) McAfee ePO
11 3 (0.30%) vRealize Orchestrator
12 2 (0.20%) Dollar Universe
12 2 (0.20%) Hadoop YARN
12 2 (0.20%) Prometheus
Vendors
1 85 (8.38%) Microsoft
2 49 (4.83%) Oracle
3 39 (3.85%) IBM
4 21 (2.07%) VMware
5 19 (1.87%) Google
5 19 (1.87%) Red Hat
5 19 (1.87%) TIBCO
6 18 (1.78%) Apple
6 18 (1.78%) HP
7 17 (1.68%) Citrix
8 16 (1.58%) Cisco
9 15 (1.48%) Splunk
10 14 (1.38%) Bloomberg
10 14 (1.38%) Sybase
10 14 (1.38%) Tableau
11 11 (1.08%) McAfee
11 11 (1.08%) Reuters
12 10 (0.99%) Adobe
12 10 (0.99%) EMC
13 9 (0.89%) ServiceNow