Period
to 17 June 2019

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 June 2019 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 Jun 2019
Same period 2018 Same period 2017
Rank 8 5 4
Rank change year-on-year -3 -1 +1
Contract jobs citing Banking 779 1,177 1,179
As % of all contract IT jobs advertised in the City of London 12.15% 17.08% 18.97%
As % of the General category 24.74% 32.18% 35.58%
Number of daily rates quoted 584 933 998
City of London median daily rate £550 £575 £550
Median daily rate % change year-on-year -4.35% +4.55% +4.76%
10th Percentile £408 £382 £394
90th Percentile £725 £738 £688
Central London median daily rate £550 £570 £550
% change year-on-year -3.51% +3.64% +4.76%
Number of hourly rates quoted 11 14 18
City of London median hourly rate £21.00 £16.15 £15.00
Median hourly rate % change year-on-year +30.03% +7.67% -31.82%
Central London median hourly rate £20.50 £17.65 £15.00
% change year-on-year +16.15% +17.67% -31.82%

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 3,149 3,658 3,314
As % of all contract IT jobs advertised in the City of London 49.12% 53.08% 53.33%
Number of daily rates quoted 2,349 2,876 2,609
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% -
10th Percentile £336 £325 £320
90th Percentile £688 £708 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 26 41 34
City of London median hourly rate £21.00 £21.25 £15.87
Median hourly rate % change year-on-year -1.18% +33.92% -20.66%
10th Percentile £11.25 £13.00 £12.52
90th Percentile £93.88 £38.47 £29.98
Central London median hourly rate £20.50 £21.25 £15.98
% change year-on-year -3.53% +32.98% -23.90%

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 June 2019.

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 June 2019.

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 June 2019. 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 -31 7 £550 +7.32%
Banking
Central London

For the 6 months to 17 June 2019, 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.

1 431 (55.33%) Finance
2 262 (33.63%) Agile Software Development
3 183 (23.49%) Java
4 176 (22.59%) Investment Banking
5 124 (15.92%) SQL
6 103 (13.22%) Windows
7 97 (12.45%) Front Office
8 86 (11.04%) Microsoft
9 84 (10.78%) SQL Server
10 76 (9.76%) Python
11 74 (9.50%) DevOps
12 70 (8.99%) Linux
13 68 (8.73%) Stakeholder Management
14 65 (8.34%) Fintech
15 64 (8.22%) Amazon AWS
16 63 (8.09%) JavaScript
17 61 (7.83%) Spring
18 59 (7.57%) Project Management
18 59 (7.57%) SDLC
19 58 (7.45%) Docker
20 57 (7.32%) Analytical Skills
20 57 (7.32%) C#
21 56 (7.19%) .NET
22 54 (6.93%) Active Directory
23 53 (6.80%) TDD
23 53 (6.80%) Microservices
24 52 (6.68%) HTML
25 51 (6.55%) Retail Banking
26 50 (6.42%) Kubernetes
27 49 (6.29%) JIRA

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 35 (4.49%) Apache Spark
2 34 (4.36%) Confluence
3 19 (2.44%) WebSphere
4 15 (1.93%) Apache
5 14 (1.80%) CMS
6 12 (1.54%) SharePoint
6 12 (1.54%) Skype for Business
7 11 (1.41%) MS Exchange
8 10 (1.28%) JBoss
9 9 (1.16%) WebLogic
10 8 (1.03%) SAS
11 6 (0.77%) IIS
12 5 (0.64%) Elasticsearch
12 5 (0.64%) Jupyter
12 5 (0.64%) Tomcat
12 5 (0.64%) WebSphere Application Server
13 4 (0.51%) Apache Airflow
13 4 (0.51%) GlassFish
14 3 (0.39%) Exchange Server 2010
14 3 (0.39%) Mule
Applications
1 24 (3.08%) Microsoft Excel
2 23 (2.95%) Microsoft Office
3 8 (1.03%) Microsoft PowerPoint
4 7 (0.90%) Microsoft Project
5 6 (0.77%) Spreadsheet
6 5 (0.64%) MS Visio
7 2 (0.26%) Sketch
8 1 (0.13%) HipChat
8 1 (0.13%) InVision
8 1 (0.13%) Marvel
8 1 (0.13%) OmniGraffle
8 1 (0.13%) S-PLUS
8 1 (0.13%) Zeplin
Business Applications
1 13 (1.67%) Actimize
2 6 (0.77%) Dynamics CRM
3 5 (0.64%) Salesforce.com CRM
4 4 (0.51%) Temenos T24
5 2 (0.26%) Distributed Ledger
5 2 (0.26%) Global One
5 2 (0.26%) Markit EDM
6 1 (0.13%) CA PPM
6 1 (0.13%) Eikon
6 1 (0.13%) Eloqua
6 1 (0.13%) OpenText VIM for SAP
6 1 (0.13%) Oracle BPM
6 1 (0.13%) Oracle General Ledger
6 1 (0.13%) Oracle Internet Expenses
6 1 (0.13%) Oracle iProcurement
6 1 (0.13%) Oracle Procure-to-Pay
6 1 (0.13%) SAP BPC
6 1 (0.13%) SAP MM
6 1 (0.13%) SAP Oil and Gas
6 1 (0.13%) Social Studio
Cloud Services
1 64 (8.22%) Amazon AWS
2 34 (4.36%) Microsoft Azure
3 23 (2.95%) Office 365
4 22 (2.82%) Google Cloud Platform
5 21 (2.70%) Power Platform
6 10 (1.28%) SaaS
7 9 (1.16%) GitHub
7 9 (1.16%) OpenShift
7 9 (1.16%) Serverless
8 8 (1.03%) IaaS
8 8 (1.03%) PaaS
9 7 (0.90%) Cloud Computing
10 5 (0.64%) Amazon ECS
10 5 (0.64%) Amazon Kinesis
10 5 (0.64%) AWS CloudFormation
10 5 (0.64%) AWS Lambda
11 4 (0.51%) npm
12 3 (0.39%) Amazon EC2
12 3 (0.39%) Amazon S3
12 3 (0.39%) Apigee
Communications & Networking
1 23 (2.95%) DNS
2 12 (1.54%) DHCP
2 12 (1.54%) LAN
2 12 (1.54%) SAN
3 11 (1.41%) Firewall
3 11 (1.41%) Skype
3 11 (1.41%) WAN
4 9 (1.16%) HTTP
5 7 (0.90%) TCP/IP
6 5 (0.64%) BGP
6 5 (0.64%) FTP
6 5 (0.64%) OSPF
7 4 (0.51%) AMQP
7 4 (0.51%) EIGRP
7 4 (0.51%) Internet
7 4 (0.51%) Kerberos
7 4 (0.51%) Multicast
7 4 (0.51%) NAS
7 4 (0.51%) NX-OS
7 4 (0.51%) VoIP
Database & Business Intelligence
1 84 (10.78%) SQL Server
2 34 (4.36%) Big Data
3 30 (3.85%) SQL Server Integration Services
4 28 (3.59%) Data Warehouse
5 26 (3.34%) Hadoop
5 26 (3.34%) SQL Server Reporting Services
6 21 (2.70%) Power BI
7 19 (2.44%) NoSQL
7 19 (2.44%) Relational Database
8 16 (2.05%) Apache Hive
9 14 (1.80%) MongoDB
9 14 (1.80%) SQL Server Analysis Services
10 12 (1.54%) Oracle Database
11 10 (1.28%) Apache Cassandra
11 10 (1.28%) HBase
11 10 (1.28%) MySQL
12 9 (1.16%) SQL Server 2008
13 8 (1.03%) Amazon DynamoDB
14 7 (0.90%) Spark SQL
14 7 (0.90%) SQL Server 2014
Development Applications
1 49 (6.29%) JIRA
2 33 (4.24%) Jenkins
3 25 (3.21%) Git (software)
4 22 (2.82%) Cucumber
4 22 (2.82%) Maven
5 19 (2.44%) Selenium
6 11 (1.41%) Subversion
7 9 (1.16%) Gradle
7 9 (1.16%) JUnit
7 9 (1.16%) Team Foundation Server
7 9 (1.16%) TeamCity
8 7 (0.90%) IBM UrbanCode
8 7 (0.90%) Jasmine
8 7 (0.90%) RStudio
8 7 (0.90%) webpack
9 6 (0.77%) Bitbucket
10 5 (0.64%) Atlassian Bamboo
10 5 (0.64%) Hudson
10 5 (0.64%) Mocha
10 5 (0.64%) Visual Studio
General
1 431 (55.33%) Finance
2 176 (22.59%) Investment Banking
3 97 (12.45%) Front Office
4 51 (6.55%) Retail Banking
5 27 (3.47%) Financial Institution
6 24 (3.08%) Retail
7 21 (2.70%) Back Office
8 12 (1.54%) Legal
9 11 (1.41%) Advertising
10 10 (1.28%) International Banking
11 9 (1.16%) Law
12 7 (0.90%) Corporate Banking
12 7 (0.90%) Games
13 5 (0.64%) German Language
13 5 (0.64%) Marketing
13 5 (0.64%) Russian Language
14 4 (0.51%) French Language
14 4 (0.51%) Publishing
15 2 (0.26%) Telecoms
15 2 (0.26%) Wholesale Banking
Job Titles
1 249 (31.96%) Developer
2 113 (14.51%) Analyst
3 109 (13.99%) Java Developer
4 49 (6.29%) Business Analyst
5 42 (5.39%) Architect
6 41 (5.26%) Project Manager
7 38 (4.88%) Senior Developer
8 25 (3.21%) Consultant
8 25 (3.21%) Full Stack Developer
9 24 (3.08%) SQL Developer
10 23 (2.95%) .NET Developer
11 22 (2.82%) Administrator
11 22 (2.82%) C# Developer
11 22 (2.82%) Front Office Developer
12 20 (2.57%) Designer
12 20 (2.57%) DevOps Engineer
13 19 (2.44%) Banking Analyst
13 19 (2.44%) IT Manager
14 18 (2.31%) Tester
15 17 (2.18%) Python Developer
Libraries, Frameworks & Software Standards
1 61 (7.83%) Spring
2 56 (7.19%) .NET
3 52 (6.68%) HTML
4 46 (5.91%) AngularJS
5 42 (5.39%) CSS
6 40 (5.13%) RESTful
7 38 (4.88%) XML
8 31 (3.98%) Kafka
8 31 (3.98%) REST
8 31 (3.98%) Spring Boot
9 30 (3.85%) Web Services
10 28 (3.59%) HTML5
11 26 (3.34%) Middleware
11 26 (3.34%) React
12 20 (2.57%) JSON
12 20 (2.57%) Redux
13 17 (2.18%) Node.js
13 17 (2.18%) SOAP
14 14 (1.80%) Hibernate
14 14 (1.80%) Sass
Miscellaneous
1 57 (7.32%) Analytical Skills
2 35 (4.49%) Foreign Exchange (FX)
3 34 (4.36%) Derivative
3 34 (4.36%) Greenfield Project
3 34 (4.36%) User Experience
4 29 (3.72%) Equities
5 24 (3.08%) Equity Derivative
6 21 (2.70%) Fixed Income
7 20 (2.57%) SWIFT
8 12 (1.54%) Enterprise Software
8 12 (1.54%) Self-Motivation
9 11 (1.41%) Management Information System
9 11 (1.41%) Mobile App
10 9 (1.16%) Clustering
10 9 (1.16%) Data Protection Act
11 8 (1.03%) Credit Risk
12 7 (0.90%) Blackberry
12 7 (0.90%) Mobile Banking
12 7 (0.90%) Online Banking
12 7 (0.90%) PKI
Operating Systems
1 103 (13.22%) Windows
2 70 (8.99%) Linux
3 44 (5.65%) Unix
4 35 (4.49%) Windows 10
5 26 (3.34%) Windows 7
6 24 (3.08%) Windows Server
7 11 (1.41%) Red Hat Enterprise Linux
8 8 (1.03%) Windows Server 2008
9 6 (0.77%) Apple iOS
9 6 (0.77%) Mac OS
9 6 (0.77%) Windows Server 2012
10 5 (0.64%) Android
10 5 (0.64%) Windows 8
11 4 (0.51%) Solaris
12 2 (0.26%) Windows Server 2003
13 1 (0.13%) CoreOS
13 1 (0.13%) Mac OS X
13 1 (0.13%) SUSE
Processes & Methodologies
1 262 (33.63%) Agile Software Development
2 74 (9.50%) DevOps
3 68 (8.73%) Stakeholder Management
4 65 (8.34%) Fintech
5 59 (7.57%) Project Management
5 59 (7.57%) SDLC
6 53 (6.80%) Microservices
6 53 (6.80%) TDD
7 49 (6.29%) Analytics
8 46 (5.91%) ITIL
9 41 (5.26%) Continuous Integration
9 41 (5.26%) Waterfall
10 39 (5.01%) Multithreading
10 39 (5.01%) Scrum
10 39 (5.01%) Test Automation
11 36 (4.62%) Problem-Solving
12 35 (4.49%) BDD
13 34 (4.36%) Migration
14 32 (4.11%) Data Modelling
15 29 (3.72%) Asset Management
Programming Languages
1 183 (23.49%) Java
2 124 (15.92%) SQL
3 76 (9.76%) Python
4 63 (8.09%) JavaScript
5 57 (7.32%) C#
6 38 (4.88%) Java 8
7 28 (3.59%) PowerShell
8 20 (2.57%) C++
9 17 (2.18%) Scala
10 16 (2.05%) TypeScript
11 15 (1.93%) Shell Script
11 15 (1.93%) VBA
12 12 (1.54%) R
13 10 (1.28%) Bash Shell
13 10 (1.28%) Data Analysis Expressions (DAX)
13 10 (1.28%) T-SQL
14 9 (1.16%) Groovy
15 8 (1.03%) ES6
15 8 (1.03%) Go
15 8 (1.03%) XPath
Qualifications
1 38 (4.88%) Degree
2 15 (1.93%) PMI Certification
2 15 (1.93%) PMP
3 10 (1.28%) CISSP
4 7 (0.90%) Cisco Certification
4 7 (0.90%) Microsoft Certification
4 7 (0.90%) Security Cleared
5 6 (0.77%) CCNP
5 6 (0.77%) CISM
6 5 (0.64%) CCA
6 5 (0.64%) Computer Science Degree
6 5 (0.64%) CRISC
6 5 (0.64%) ISEB
6 5 (0.64%) PRINCE2 Practitioner
7 4 (0.51%) A+ Certification
7 4 (0.51%) MCDST
7 4 (0.51%) MCSA
7 4 (0.51%) SC Cleared
8 3 (0.39%) CCVP
8 3 (0.39%) ITIL Certification
Quality Assurance & Compliance
1 33 (4.24%) QA
2 20 (2.57%) SEPA
3 17 (2.18%) PSD2
4 13 (1.67%) PMO
5 8 (1.03%) GDPR
6 5 (0.64%) MiFID
7 4 (0.51%) SLA
8 3 (0.39%) Basel III
8 3 (0.39%) COBIT
8 3 (0.39%) PCI DSS
9 2 (0.26%) Data Quality
9 2 (0.26%) EMIR
9 2 (0.26%) IFRS
9 2 (0.26%) IFRS 9
9 2 (0.26%) NIST
9 2 (0.26%) Solvency II
10 1 (0.13%) HIPAA
10 1 (0.13%) ISO/IEC 27001
10 1 (0.13%) ITGC
System Software
1 58 (7.45%) Docker
2 54 (6.93%) Active Directory
3 21 (2.70%) XenApp
4 15 (1.93%) XenDesktop
5 9 (1.16%) VMware Infrastructure
6 6 (0.77%) HDFS
6 6 (0.77%) Oracle RAC
7 5 (0.64%) VMware Workstation
8 4 (0.51%) Hyper-V
9 3 (0.39%) Veritas Cluster Server
10 2 (0.26%) Cronacle
10 2 (0.26%) KVM
10 2 (0.26%) Veritas File System
10 2 (0.26%) Veritas Volume Manager
10 2 (0.26%) Virtual Machines
10 2 (0.26%) VMware ESXi
10 2 (0.26%) vSphere
11 1 (0.13%) Citrix Hypervisor
11 1 (0.13%) Varnish
11 1 (0.13%) Virtual Desktop
Systems Management
1 50 (6.42%) Kubernetes
2 27 (3.47%) SCCM
3 18 (2.31%) Ansible
4 12 (1.54%) HP Quality Center
4 12 (1.54%) Terraform
5 6 (0.77%) Microsoft Clustering
5 6 (0.77%) Symantec Endpoint Protection
6 5 (0.64%) Puppet
7 4 (0.51%) Cisco CUCM
7 4 (0.51%) Cisco UCCX
7 4 (0.51%) Hadoop YARN
7 4 (0.51%) Microsoft Intune
7 4 (0.51%) Perfmon
7 4 (0.51%) WMI
8 3 (0.39%) Istio
8 3 (0.39%) Opscode Chef
8 3 (0.39%) Simpana
8 3 (0.39%) Single Sign-On
9 2 (0.26%) Data Guard
9 2 (0.26%) McAfee ePO
Vendors
1 86 (11.04%) Microsoft
2 33 (4.24%) Oracle
3 26 (3.34%) VMware
4 24 (3.08%) Citrix
5 20 (2.57%) HP
6 14 (1.80%) Google
7 13 (1.67%) IBM
8 12 (1.54%) Bloomberg
8 12 (1.54%) Reuters
8 12 (1.54%) Splunk
8 12 (1.54%) Sybase
8 12 (1.54%) Tableau
9 11 (1.41%) Cisco
9 11 (1.41%) Symantec
10 10 (1.28%) Atlassian
10 10 (1.28%) Red Hat
11 9 (1.16%) Veritas
12 7 (0.90%) Salesforce.com
12 7 (0.90%) TIBCO
13 6 (0.77%) ServiceNow