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 3 months to 27 June 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
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 4 5 4
Rank change year-on-year +1 -1  
Contract jobs citing Banking 706 588 1082
As % of all contract IT jobs advertised in the City of London 21.37% 17.36% 18.86%
As % of the General category 39.55% 32.45% 35.93%
Number of daily rates quoted 597 500 854
Median daily rate £568 £525 £500
Median daily rate % change year-on-year +8.09% +5.00%  
90% offered a daily rate of more than £425 £375 £350
10% offered a daily rate of more than £675 £700 £640
UK excluding London median daily rate £413 £410 £400
% change year-on-year +0.60% +2.50%  
Number of hourly rates quoted 10 4 3
Median hourly rate £15.00 £21.00 £17.98
Median hourly rate % change year-on-year -28.57% +16.79%  
UK excluding London median hourly rate £13.00 £9.82 £10.44
% change year-on-year +32.45% -5.98%  

Banking is in the common skills category. The next 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.

General Skills
City of London
Contract job vacancies with a requirement for common skills 1785 1812 3011
As % of all contract IT job vacancies advertised in the City of London 54.03% 53.50% 52.47%
Number of daily rates quoted 1412 1520 2357
Median daily rate £538 £500 £488
Median daily rate % change year-on-year +7.50% +2.56%  
90% offered a daily rate of more than £375 £325 £320
10% offered a daily rate of more than £675 £675 £625
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 13 16 41
Median hourly rate £15.00 £20.00 £21.00
Median hourly rate % change year-on-year -25.00% -4.76%  
90% offered a hourly rate of more than £13.76 £12.50 £10.50
10% offered a hourly rate of more than £21.25 £38.90 £38.14
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Banking
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

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 3 months to 27 June 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

For the 6 months to 27 June 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.

1 735 (60.84%) Finance
2 451 (37.33%) Investment Banking
3 351 (29.06%) Agile Software Development
4 319 (26.41%) Java
5 225 (18.63%) SQL
6 216 (17.88%) Front Office
7 141 (11.67%) JavaScript
8 139 (11.51%) TDD
9 126 (10.43%) Oracle
10 118 (9.77%) C#
10 118 (9.77%) Unix
10 118 (9.77%) Stakeholder Management
11 117 (9.69%) Windows
12 116 (9.60%) Linux
13 112 (9.27%) HTML
14 108 (8.94%) Scrum
15 105 (8.69%) SQL Server
16 104 (8.61%) Foreign Exchange (FX)
16 104 (8.61%) Retail
16 104 (8.61%) Multithreading
17 100 (8.28%) Python
18 96 (7.95%) Electronic Trading
19 93 (7.70%) AngularJS
20 91 (7.53%) Test Automation
21 90 (7.45%) Fixed Income
22 89 (7.37%) MiFID
23 88 (7.28%) .NET
24 86 (7.12%) Derivative
25 83 (6.87%) Project Management
26 82 (6.79%) Equities

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 39 (3.23%) Apache Spark
2 32 (2.65%) Confluence
3 29 (2.40%) WebSphere
4 25 (2.07%) Apache
5 22 (1.82%) Tomcat
6 19 (1.57%) JBoss
7 16 (1.32%) Oracle Coherence
7 16 (1.32%) SharePoint
8 14 (1.16%) Mule
9 9 (0.75%) IIS
9 9 (0.75%) MS Exchange
10 8 (0.66%) WebLogic
11 7 (0.58%) Cloud Foundry
11 7 (0.58%) Oracle SOA Suite
12 6 (0.50%) BizTalk Server
12 6 (0.50%) Exchange Server 2010
12 6 (0.50%) Exchange Server 2013
12 6 (0.50%) WebSphere Application Server
13 5 (0.41%) Apache Pig
13 5 (0.41%) MQSeries
Applications
1 37 (3.06%) Microsoft Excel
2 26 (2.15%) Microsoft Office
3 10 (0.83%) Microsoft PowerPoint
4 9 (0.75%) MS Visio
5 7 (0.58%) Microsoft Project
6 4 (0.33%) OmniGraffle
6 4 (0.33%) Photoshop
6 4 (0.33%) Spreadsheet
7 3 (0.25%) Adobe Creative Suite
7 3 (0.25%) Adobe Illustrator
8 1 (0.083%) HipChat
8 1 (0.083%) InDesign
8 1 (0.083%) InVision
8 1 (0.083%) UXPin
Business Applications
1 15 (1.24%) Dynamics CRM
1 15 (1.24%) ION MarketView
2 7 (0.58%) FLEXCUBE
2 7 (0.58%) Loan IQ
2 7 (0.58%) Temenos T24
3 5 (0.41%) SAP S/4HANA
4 4 (0.33%) Bloomberg TOMS
4 4 (0.33%) Cognos Business Intelligence
4 4 (0.33%) SAP Oil and Gas
5 3 (0.25%) Endur
5 3 (0.25%) OpenText VIM for SAP
5 3 (0.25%) SAP CO
5 3 (0.25%) SAP FI
5 3 (0.25%) SAP FI/CO
5 3 (0.25%) SAP FSCM
5 3 (0.25%) SunGard GMI
6 2 (0.17%) Actimize
6 2 (0.17%) Salesforce.com CRM
6 2 (0.17%) Summit
6 2 (0.17%) thinkFolio
Cloud Services
1 28 (2.32%) Amazon AWS
2 18 (1.49%) Microsoft Azure
3 12 (0.99%) Office 365
4 8 (0.66%) GitHub
4 8 (0.66%) OpenShift
5 6 (0.50%) Salesforce Service Cloud
6 5 (0.41%) Dynamics 365
7 4 (0.33%) Cloud Computing
8 3 (0.25%) Amazon EC2
8 3 (0.25%) Bluemix
8 3 (0.25%) Google Play
8 3 (0.25%) IaaS
8 3 (0.25%) IBM Cloud
8 3 (0.25%) Slack
8 3 (0.25%) Trello
9 2 (0.17%) CloudBees
9 2 (0.17%) PaaS
10 1 (0.083%) Amazon S3
10 1 (0.083%) Google Cloud Platform
10 1 (0.083%) SaaS
Communications & Networking
1 30 (2.48%) Firewall
2 18 (1.49%) SAN
3 13 (1.08%) Network Security
4 12 (0.99%) NAS
4 12 (0.99%) TCP/IP
5 11 (0.91%) Internet
6 10 (0.83%) SSL
7 8 (0.66%) Cisco ASA
7 8 (0.66%) HTTP
8 7 (0.58%) LDAP
9 6 (0.50%) DNS
10 5 (0.41%) Cisco Nexus
10 5 (0.41%) LAN
10 5 (0.41%) Multicast
11 4 (0.33%) BGP
11 4 (0.33%) FTP
11 4 (0.33%) Skype
12 3 (0.25%) Cisco IOS
12 3 (0.25%) EIGRP
12 3 (0.25%) MPLS
Database & Business Intelligence
1 105 (8.69%) SQL Server
2 61 (5.05%) Big Data
3 49 (4.06%) Hadoop
4 40 (3.31%) Relational Database
5 37 (3.06%) Data Warehouse
6 28 (2.32%) NoSQL
7 27 (2.24%) KDB
8 24 (1.99%) Oracle Database
9 23 (1.90%) SQL Server Integration Services
10 21 (1.74%) RDBMS
11 15 (1.24%) Kdb+
12 14 (1.16%) SQL Server 2008
13 13 (1.08%) DB2
13 13 (1.08%) SQL Server Reporting Services
14 12 (0.99%) Apache Cassandra
15 11 (0.91%) PostgreSQL
15 11 (0.91%) QlikView
16 10 (0.83%) Data Mart
17 9 (0.75%) MongoDB
18 8 (0.66%) HBase
Development Applications
1 76 (6.29%) JIRA
2 56 (4.64%) Jenkins
3 52 (4.30%) Maven
4 38 (3.15%) Selenium
5 37 (3.06%) Git (software)
6 31 (2.57%) Cucumber
6 31 (2.57%) TeamCity
7 26 (2.15%) JUnit
8 25 (2.07%) Subversion
9 13 (1.08%) Team Foundation Server
9 13 (1.08%) Visual Studio
10 12 (0.99%) webpack
11 11 (0.91%) Ant
12 10 (0.83%) Bitbucket
12 10 (0.83%) Gradle
12 10 (0.83%) SpecFlow
13 9 (0.75%) Appium
13 9 (0.75%) Calabash
13 9 (0.75%) Jasmine
14 7 (0.58%) Toad
General
1 735 (60.84%) Finance
2 451 (37.33%) Investment Banking
3 216 (17.88%) Front Office
4 104 (8.61%) Retail
5 66 (5.46%) Retail Banking
6 23 (1.90%) Back Office
7 19 (1.57%) International Banking
8 18 (1.49%) Financial Institution
9 16 (1.32%) Games
9 16 (1.32%) Legal
9 16 (1.32%) Telecoms
10 14 (1.16%) Advertising
11 13 (1.08%) Corporate Banking
12 12 (0.99%) Wholesale Banking
13 11 (0.91%) Private Banking
14 9 (0.75%) Law
14 9 (0.75%) Marketing
15 4 (0.33%) Electronics
15 4 (0.33%) Manufacturing
15 4 (0.33%) Pharmaceutical
Job Titles
1 483 (39.98%) Developer
2 219 (18.13%) Analyst
3 185 (15.31%) Java Developer
4 144 (11.92%) Senior Developer
5 118 (9.77%) Business Analyst
6 73 (6.04%) Architect
7 71 (5.88%) Project Manager
8 70 (5.79%) Senior Java Developer
9 63 (5.22%) Banking Analyst
10 50 (4.14%) C# Developer
11 42 (3.48%) Consultant
12 39 (3.23%) Python Developer
13 38 (3.15%) JavaScript Developer
13 38 (3.15%) Scala Developer
14 37 (3.06%) Front Office Developer
14 37 (3.06%) Full Stack Developer
15 35 (2.90%) IT Analyst
16 31 (2.57%) .NET Developer
17 30 (2.48%) Senior Analyst
17 30 (2.48%) Solutions Architect
Libraries, Frameworks & Software Standards
1 112 (9.27%) HTML
2 93 (7.70%) AngularJS
3 88 (7.28%) .NET
4 78 (6.46%) HTML5
5 75 (6.21%) CSS
5 75 (6.21%) Spring
6 62 (5.13%) React
7 57 (4.72%) XML
8 50 (4.14%) Middleware
9 48 (3.97%) REST
10 43 (3.56%) Hibernate
11 38 (3.15%) Web Services
12 37 (3.06%) Node.js
13 34 (2.81%) JSON
14 31 (2.57%) SOAP
15 25 (2.07%) jQuery
16 24 (1.99%) Akka
16 24 (1.99%) J2EE
16 24 (1.99%) WPF
17 23 (1.90%) Spring Boot
Miscellaneous
1 104 (8.61%) Foreign Exchange (FX)
2 90 (7.45%) Fixed Income
3 86 (7.12%) Derivative
4 82 (6.79%) Analytical Skills
4 82 (6.79%) Equities
5 62 (5.13%) User Experience
6 52 (4.30%) Fintech
7 30 (2.48%) Computer Science
8 28 (2.32%) Greenfield Project
9 26 (2.15%) Credit Risk
9 26 (2.15%) Market Risk
9 26 (2.15%) Mobile App
10 23 (1.90%) Equity Derivative
11 18 (1.49%) SWIFT
12 17 (1.41%) Data Structures
12 17 (1.41%) Hedge funds
13 14 (1.16%) Management Information System
14 13 (1.08%) Mobile Banking
15 12 (0.99%) Algorithms
15 12 (0.99%) Data Centre
Operating Systems
1 118 (9.77%) Unix
2 117 (9.69%) Windows
3 116 (9.60%) Linux
4 32 (2.65%) Windows Server
5 20 (1.66%) Android
6 17 (1.41%) Apple iOS
6 17 (1.41%) Solaris
7 14 (1.16%) Windows 7
8 11 (0.91%) Windows Server 2008
9 9 (0.75%) Red Hat Enterprise Linux
9 9 (0.75%) Windows Server 2012
10 5 (0.41%) Windows 10
11 4 (0.33%) Windows 8
11 4 (0.33%) Windows XP
12 2 (0.17%) SUSE Linux Enterprise Server
12 2 (0.17%) Windows Server 2003
13 1 (0.083%) AIX
13 1 (0.083%) Fedora
13 1 (0.083%) MVS
13 1 (0.083%) zOS
Processes & Methodologies
1 351 (29.06%) Agile Software Development
2 139 (11.51%) TDD
3 118 (9.77%) Stakeholder Management
4 108 (8.94%) Scrum
5 104 (8.61%) Multithreading
6 96 (7.95%) Electronic Trading
7 91 (7.53%) Test Automation
8 83 (6.87%) Project Management
9 82 (6.79%) DevOps
10 73 (6.04%) Business Analysis
11 67 (5.55%) Migration
11 67 (5.55%) OO
12 63 (5.22%) Low Latency
13 53 (4.39%) BDD
13 53 (4.39%) Data Management
13 53 (4.39%) SDLC
14 50 (4.14%) Risk Management
15 49 (4.06%) Continuous Integration
16 47 (3.89%) Analytics
17 43 (3.56%) Data Analysis
Programming Languages
1 319 (26.41%) Java
2 225 (18.63%) SQL
3 141 (11.67%) JavaScript
4 118 (9.77%) C#
5 100 (8.28%) Python
6 49 (4.06%) Scala
7 44 (3.64%) C++
8 34 (2.81%) Perl
9 33 (2.73%) Shell Script
10 32 (2.65%) C
11 29 (2.40%) PowerShell
12 27 (2.24%) PL/SQL
13 24 (1.99%) VBA
14 23 (1.90%) Bash Shell
15 18 (1.49%) T-SQL
16 15 (1.24%) Ruby
17 13 (1.08%) ES6
17 13 (1.08%) TypeScript
18 10 (0.83%) VB
19 9 (0.75%) R
Qualifications
1 44 (3.64%) Degree
2 17 (1.41%) PMI Certification
3 14 (1.16%) Cisco Certification
3 14 (1.16%) PMP
4 13 (1.08%) CCNP
5 12 (0.99%) Computer Science Degree
6 11 (0.91%) Numerate Degree
7 8 (0.66%) ISEB
8 7 (0.58%) CCNA
9 6 (0.50%) PRINCE2 Certification
10 5 (0.41%) CISSP
10 5 (0.41%) Microsoft Certification
11 4 (0.33%) CISA
11 4 (0.33%) CISM
11 4 (0.33%) PRINCE2 Practitioner
12 3 (0.25%) CCSE
12 3 (0.25%) CCSP
12 3 (0.25%) Master's Degree
12 3 (0.25%) SC Cleared
12 3 (0.25%) Security Cleared
Quality Assurance & Compliance
1 89 (7.37%) MiFID
2 48 (3.97%) QA
3 34 (2.81%) SEPA
4 24 (1.99%) PMO
5 20 (1.66%) EMIR
6 18 (1.49%) Dodd-Frank
7 12 (0.99%) SLA
8 9 (0.75%) Data Quality
9 7 (0.58%) IFRS
10 6 (0.50%) IFRS 9
11 5 (0.41%) FATCA
11 5 (0.41%) FINREP
11 5 (0.41%) GDPR
12 3 (0.25%) CRD IV
13 2 (0.17%) Basel III
13 2 (0.17%) COREP
13 2 (0.17%) Disclosure Scotland
14 1 (0.083%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
14 1 (0.083%) ISO/IEC 27005
14 1 (0.083%) Solvency II
System Software
1 29 (2.40%) Active Directory
1 29 (2.40%) Docker
2 8 (0.66%) Virtual Machines
2 8 (0.66%) VMware Infrastructure
3 7 (0.58%) HDFS
4 5 (0.41%) Apache ZooKeeper
4 5 (0.41%) Hyper-V
4 5 (0.41%) XenDesktop
5 4 (0.33%) VMware ESXi
5 4 (0.33%) XenApp
6 3 (0.25%) NFS
6 3 (0.25%) Tivoli Workload Scheduler
6 3 (0.25%) vSphere
7 2 (0.17%) Microsoft App-V
7 2 (0.17%) XenServer
8 1 (0.083%) DFS Replication
8 1 (0.083%) Oracle RAC
8 1 (0.083%) RACF
8 1 (0.083%) Samba
8 1 (0.083%) vCloud
Systems Management
1 23 (1.90%) Ansible
2 13 (1.08%) SCCM
3 10 (0.83%) Puppet
4 7 (0.58%) Kibana
4 7 (0.58%) Kubernetes
4 7 (0.58%) NetBackup
5 6 (0.50%) Grafana
5 6 (0.50%) HP Quality Center
5 6 (0.50%) MOM
5 6 (0.50%) Tivoli
6 5 (0.41%) Backup Exec
6 5 (0.41%) Cisco CUCM
6 5 (0.41%) Control-M
6 5 (0.41%) Opscode Chef
6 5 (0.41%) Prometheus
7 3 (0.25%) Norton AntiVirus
7 3 (0.25%) Symantec Enterprise Vault
7 3 (0.25%) Terraform
7 3 (0.25%) Thomson Reuters DACS
7 3 (0.25%) vCenter Server
Vendors
1 126 (10.43%) Oracle
2 81 (6.71%) Microsoft
3 39 (3.23%) IBM
4 26 (2.15%) Sybase
5 22 (1.82%) Cisco
5 22 (1.82%) TIBCO
5 22 (1.82%) VMware
6 21 (1.74%) ION Trading
6 21 (1.74%) SAP
7 19 (1.57%) Splunk
8 16 (1.32%) Murex
9 15 (1.24%) Red Hat
9 15 (1.24%) Salesforce.com
10 14 (1.16%) Bloomberg
11 12 (0.99%) Citrix
11 12 (0.99%) HP
12 10 (0.83%) Atlassian
12 10 (0.83%) Calypso
12 10 (0.83%) Telerik
13 9 (0.75%) Informatica
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per day
Posted: 1 hour ago
City, London
TEKsystems
Rate: £550 - £600 per annum
Posted: 4 hours ago
City, London
Harvey Nash plc
Rate: £575 - £620 per day
Posted: 6 hours ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per day
Posted: 4 hours ago
City, London
Cititec
Rate: £850 - £1000 per day
Posted: 1 hour ago
City, London
TEKsystems
Rate: £650 - £700 per day
Posted: Yesterday
City, London
Cititec
Rate: £600.00 - £620.00 per day
Posted: 1 hour ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Spring Technology
Posted: 6 hours ago
City, London
Total Recruitment Specialists Limited / TRG / Total recruitment group
Rate: £500 - £550 Per Day
Posted: 2 days ago
City, London
Canary Wharf and City
Rate: £600 per day
Posted: 4 days ago
City, London
Oliver James Associates
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
Spargonet Consulting Plc
Rate: £400 - £450 per annum
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: Yesterday
City, London
Haysfm
Rate: £550.00 - £600.00 per day
Posted: 4 days ago
City, London
Harvey Nash plc
Rate: £700 per day
Posted: Yesterday
City, London
Source Technology
Rate: From £600 to £750 per day
Posted: Yesterday
City, London
E-synergy Solutions
Rate: £400 - £450 per day
Posted: 4 days ago
City, London
Crimson Ltd
Rate: £550 - £600 per day
Posted: 4 days ago
City, London
Cadence Resourcing
Rate: On Application
Posted: 4 days ago
City, London
Haysfm
Rate: £500.00 - £600.00 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £400.00 - £450.00 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £500.00 - £600.00 per day
Posted: 6 days ago
City, London
Cadence Resourcing
Rate: £450 - £500 per day
Posted: 6 days ago
City, London
JM
Rate: £550 - £650 per day
Posted: 6 days ago
City, London
EPAM Systems
Rate: From £450 to £500 per day
Posted: 6 days ago
City, London
EPAM Systems
Rate: Unspecified
Posted: 13 days ago
City, London
Harvey Nash plc
Rate: £400 - £435 per day + none
Posted: 6 days ago