Period
to 20 October 2021

The table below looks at the prevalence of the term Financial Institution 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 Financial Institution over the 6 months to 20 October 2021 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.

Financial Institution
Central London > City of London
6 months to
20 Oct 2021
Same period 2020 Same period 2019
Rank 91 94 147
Rank change year-on-year +3 +53 -12
Contract jobs citing Financial Institution 91 23 82
As % of all contract jobs advertised in the City of London 2.34% 1.28% 1.38%
As % of the General category 3.93% 2.09% 2.48%
Number of daily rates quoted 71 17 66
10th Percentile £400 £455 £331
25th Percentile £513 £500 £425
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +4.76%
75th Percentile £600 £604 £613
90th Percentile £675 £623 £703
Central London median daily rate £525 £525 £550
% change year-on-year - -4.55% +4.76%
Number of hourly rates quoted 0 2 0
Median hourly rate - £21.00 -
Central London median hourly rate - £21.00 -

Financial Institution 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 2,318 1,103 3,311
As % of all contract IT jobs advertised in the City of London 59.62% 61.31% 55.84%
Number of daily rates quoted 1,737 781 2,556
10th Percentile £363 £313 £313
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £570 £525 £513
Median % change year-on-year +8.57% +2.44% -2.38%
75th Percentile £675 £619 £613
90th Percentile £770 £700 £688
Central London median daily rate £563 £525 £500
% change year-on-year +7.14% +5.00% -3.33%
Number of hourly rates quoted 29 22 36
10th Percentile £8.00 £15.00 £12.26
25th Percentile £18.25 £17.13 £13.63
Median hourly rate £25.50 £23.00 £20.92
Median % change year-on-year +10.87% +9.97% +11.84%
75th Percentile £35.00 £37.94 £21.56
90th Percentile £42.35 £46.00 £26.50
Central London median hourly rate £25.50 £23.00 £21.00
% change year-on-year +10.87% +9.52% +12.30%

Financial Institution
Job Vacancy Trend in the City of London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Financial Institution in the City of London

Financial Institution
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Financial Institution in the City of London.

Daily rate trend for Financial Institution in the City of London

Financial Institution
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Financial Institution in the City of London over the 6 months to 20 October 2021.

Daily rate histogram for Financial Institution in the City of London

Financial Institution
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Financial Institution in the City of London.

Hourly rate trend for Financial Institution in the City of London

For the 6 months to 20 October 2021, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 91 (100.00%) Finance
2 56 (61.54%) Data Protection
3 55 (60.44%) Hedge funds
3 55 (60.44%) Legal
3 55 (60.44%) GDPR
4 36 (39.56%) Social Skills
5 34 (37.36%) AOP
6 27 (29.67%) Agile Software Development
6 27 (29.67%) DevOps
7 26 (28.57%) AWS
8 25 (27.47%) Python
9 22 (24.18%) Kubernetes
10 21 (23.08%) Azure
11 20 (21.98%) Banking
12 18 (19.78%) Docker
12 18 (19.78%) Infrastructure as Code
13 17 (18.68%) Analytical Skills
13 17 (18.68%) GCP
13 17 (18.68%) Java
14 16 (17.58%) SQL
14 16 (17.58%) Microsoft
14 16 (17.58%) Git (software)
14 16 (17.58%) Terraform
15 15 (16.48%) Microservices
16 14 (15.38%) ITIL
16 14 (15.38%) Problem-Solving
16 14 (15.38%) Cloud Native
17 13 (14.29%) AWS CloudFormation
17 13 (14.29%) Stakeholder Management
18 12 (13.19%) Scrum

Financial Institution
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 4 (4.40%) SharePoint
2 3 (3.30%) Apache Spark
2 3 (3.30%) OpenStack
3 2 (2.20%) SAS
4 1 (1.10%) CMS
4 1 (1.10%) Confluence
4 1 (1.10%) Exchange Server 2010
4 1 (1.10%) IIS
4 1 (1.10%) MS Exchange
4 1 (1.10%) Skype for Business
Applications
1 6 (6.59%) Microsoft Office
2 3 (3.30%) Microsoft Excel
3 1 (1.10%) Microsoft PowerPoint
3 1 (1.10%) Microsoft Project
Business Applications
1 4 (4.40%) Cloudability
2 1 (1.10%) Oracle Payables
2 1 (1.10%) Oracle Procure-to-Pay
2 1 (1.10%) RMDS
Cloud Services
1 26 (28.57%) AWS
2 21 (23.08%) Azure
3 17 (18.68%) GCP
4 13 (14.29%) AWS CloudFormation
5 9 (9.89%) GitHub
6 6 (6.59%) Microsoft 365
6 6 (6.59%) PaaS
7 5 (5.49%) Serverless
8 4 (4.40%) SaaS
9 3 (3.30%) Amazon EC2
9 3 (3.30%) Amazon S3
9 3 (3.30%) Apigee
9 3 (3.30%) GitHub Actions
9 3 (3.30%) Power Platform
10 2 (2.20%) Amazon EMR
10 2 (2.20%) Amazon SQS
10 2 (2.20%) Datadog
10 2 (2.20%) Google Data Studio
10 2 (2.20%) IaaS
10 2 (2.20%) Power Automate
Communications & Networking
1 7 (7.69%) DNS
2 5 (5.49%) DHCP
2 5 (5.49%) Wireless
3 4 (4.40%) Firewall
3 4 (4.40%) Skype
3 4 (4.40%) VPN
4 3 (3.30%) Unified Communications
4 3 (3.30%) WebEx
5 2 (2.20%) LAN
5 2 (2.20%) NAS
5 2 (2.20%) SAN
5 2 (2.20%) TCP/IP
6 1 (1.10%) Cisco IOS
6 1 (1.10%) Fibre Channel
6 1 (1.10%) HTTP
6 1 (1.10%) Internet
6 1 (1.10%) Multicast
6 1 (1.10%) OSPF
6 1 (1.10%) VoIP
6 1 (1.10%) WAN
Database & Business Intelligence
1 5 (5.49%) BigQuery
1 5 (5.49%) Data Warehouse
2 4 (4.40%) Tableau
3 3 (3.30%) Bigtable
3 3 (3.30%) Data Lake
3 3 (3.30%) NoSQL
3 3 (3.30%) SQL Server
4 2 (2.20%) Big Data
4 2 (2.20%) DB2
4 2 (2.20%) Delta Lake
4 2 (2.20%) Hadoop
4 2 (2.20%) PostgreSQL
5 1 (1.10%) Amazon RDS
5 1 (1.10%) Apache Cassandra
5 1 (1.10%) MongoDB
5 1 (1.10%) Oracle Database
5 1 (1.10%) Power BI
5 1 (1.10%) QlikView
5 1 (1.10%) SQL Server Analysis Services
5 1 (1.10%) SQL Server Integration Services
Development Applications
1 16 (17.58%) Git (software)
2 11 (12.09%) Jenkins
3 10 (10.99%) Subversion
4 3 (3.30%) Cucumber
4 3 (3.30%) git-flow
4 3 (3.30%) GitLab
4 3 (3.30%) Maven
4 3 (3.30%) Protractor
4 3 (3.30%) Selenium
4 3 (3.30%) Sonatype Nexus
5 2 (2.20%) Spinnaker
5 2 (2.20%) webpack
6 1 (1.10%) JIRA
6 1 (1.10%) Oracle APEX
General
1 91 (100.00%) Finance
2 55 (60.44%) Legal
3 36 (39.56%) Social Skills
4 20 (21.98%) Banking
5 17 (18.68%) Analytical Skills
6 5 (5.49%) Documentation Skills
7 4 (4.40%) Billing
7 4 (4.40%) Front Office
8 3 (3.30%) Investment Banking
8 3 (3.30%) Organisational Skills
9 2 (2.20%) Presentation Skills
10 1 (1.10%) Corporate Banking
10 1 (1.10%) Influencing Skills
10 1 (1.10%) Manufacturing
10 1 (1.10%) Prime Brokerage
Job Titles
1 26 (28.57%) Architect
2 15 (16.48%) Analyst
3 8 (8.79%) Cloud Architect
4 7 (7.69%) Business Analyst
4 7 (7.69%) Consultant
4 7 (7.69%) Developer
5 6 (6.59%) AWS Architect
5 6 (6.59%) Azure Engineer
6 5 (5.49%) IT Manager
6 5 (5.49%) Platform Architect
7 4 (4.40%) Azure Architect
7 4 (4.40%) Cloud Engineer
7 4 (4.40%) DevOps Engineer
7 4 (4.40%) Senior Consultant
8 3 (3.30%) Avaya Administrator
8 3 (3.30%) Platform Engineer
8 3 (3.30%) Python Engineer
8 3 (3.30%) Senior DevOps
8 3 (3.30%) Senior DevOps Engineer
8 3 (3.30%) Senior Software Development Engineer
Libraries, Frameworks & Software Standards
1 7 (7.69%) Node.js
2 3 (3.30%) Gherkin
2 3 (3.30%) pytest
2 3 (3.30%) RESTful
2 3 (3.30%) Spring
3 2 (2.20%) AngularJS
3 2 (2.20%) ARM Templates
3 2 (2.20%) CSS
3 2 (2.20%) Enzyme
3 2 (2.20%) HTML
3 2 (2.20%) Kafka
3 2 (2.20%) React
3 2 (2.20%) Redux
4 1 (1.10%) .NET
4 1 (1.10%) Azure Blueprints
4 1 (1.10%) Microsoft Graph
4 1 (1.10%) REST
4 1 (1.10%) Spring Boot
4 1 (1.10%) Web Services
4 1 (1.10%) XML
Miscellaneous
1 55 (60.44%) Hedge funds
2 14 (15.38%) Cloud Native
3 6 (6.59%) Analytical Mindset
4 5 (5.49%) Enterprise Cloud
4 5 (5.49%) Fixed Income
4 5 (5.49%) Public Cloud
4 5 (5.49%) Self-Motivation
5 4 (4.40%) CMDB
5 4 (4.40%) Market Risk
6 3 (3.30%) Data Centre
6 3 (3.30%) PMI
7 2 (2.20%) Credit Risk
7 2 (2.20%) Equities
7 2 (2.20%) Equity Derivative
7 2 (2.20%) Hybrid Cloud
7 2 (2.20%) Reference Data
7 2 (2.20%) User Experience
8 1 (1.10%) Credit Derivative
8 1 (1.10%) Derivative
8 1 (1.10%) Taxonomies
Operating Systems
1 12 (13.19%) Windows
2 5 (5.49%) Linux
2 5 (5.49%) Unix
2 5 (5.49%) Windows 10
3 4 (4.40%) Windows 7
3 4 (4.40%) Windows Server
4 2 (2.20%) Windows Server 2012
5 1 (1.10%) Windows Server 2003
5 1 (1.10%) Windows Server 2008
5 1 (1.10%) Windows Server 2016
Processes & Methodologies
1 56 (61.54%) Data Protection
2 34 (37.36%) AOP
3 27 (29.67%) Agile Software Development
3 27 (29.67%) DevOps
4 18 (19.78%) Infrastructure as Code
5 15 (16.48%) Microservices
6 14 (15.38%) ITIL
6 14 (15.38%) Problem-Solving
7 13 (14.29%) Stakeholder Management
8 12 (13.19%) Project Management
8 12 (13.19%) Scrum
9 11 (12.09%) Decision-Making
10 10 (10.99%) Analytics
10 10 (10.99%) Collaborative Working
10 10 (10.99%) User Stories
11 9 (9.89%) Cybersecurity
11 9 (9.89%) Deployment Automation
11 9 (9.89%) Risk Management
12 8 (8.79%) Migration
13 7 (7.69%) ITSM
Programming Languages
1 25 (27.47%) Python
2 17 (18.68%) Java
3 16 (17.58%) SQL
4 8 (8.79%) JavaScript
5 7 (7.69%) C++
6 6 (6.59%) PowerShell
7 4 (4.40%) C#
7 4 (4.40%) Groovy
8 3 (3.30%) C
9 2 (2.20%) Bash Shell
10 1 (1.10%) MATLAB
10 1 (1.10%) PL/SQL
10 1 (1.10%) R
10 1 (1.10%) Scala
10 1 (1.10%) T-SQL
Qualifications
1 10 (10.99%) Degree
2 5 (5.49%) Computer Science Degree
3 4 (4.40%) CISSP
4 3 (3.30%) PMI Certification
5 2 (2.20%) ITIL Certification
6 1 (1.10%) CISM
Quality Assurance & Compliance
1 55 (60.44%) GDPR
2 4 (4.40%) NIST
2 4 (4.40%) QA
2 4 (4.40%) SLA
3 3 (3.30%) GRC
4 2 (2.20%) COBIT
4 2 (2.20%) EMIR
4 2 (2.20%) ISO/IEC 27001
5 1 (1.10%) Data Quality
System Software
1 18 (19.78%) Docker
2 5 (5.49%) Active Directory
3 3 (3.30%) KVM
4 2 (2.20%) vSphere
5 1 (1.10%) Microsoft App-V
5 1 (1.10%) Oracle RAC
5 1 (1.10%) VMware ESXi
5 1 (1.10%) VMware Infrastructure
5 1 (1.10%) XenApp
5 1 (1.10%) XenDesktop
Systems Management
1 22 (24.18%) Kubernetes
2 16 (17.58%) Terraform
3 9 (9.89%) Ansible
4 4 (4.40%) Opscode Chef
5 2 (2.20%) Microsoft Intune
5 2 (2.20%) Nessus
5 2 (2.20%) Puppet
5 2 (2.20%) SCCM
5 2 (2.20%) Symantec Enterprise Vault
6 1 (1.10%) Cisco CUCM
6 1 (1.10%) Data Guard
6 1 (1.10%) McAfee ePO
6 1 (1.10%) Microsoft Clustering
6 1 (1.10%) NetBackup
6 1 (1.10%) Norton AntiVirus
6 1 (1.10%) Oracle Enterprise Manager
6 1 (1.10%) Packer
6 1 (1.10%) SCOM
6 1 (1.10%) vCenter Server
6 1 (1.10%) WSUS
Vendors
1 16 (17.58%) Microsoft
2 12 (13.19%) Google
3 6 (6.59%) ServiceNow
4 5 (5.49%) Cisco
5 4 (4.40%) Oracle
5 4 (4.40%) Splunk
6 3 (3.30%) AppDynamics
6 3 (3.30%) Avaya
6 3 (3.30%) Speakerbus
6 3 (3.30%) Symantec
6 3 (3.30%) VMware
7 2 (2.20%) Citrix
7 2 (2.20%) IBM
7 2 (2.20%) Reuters
8 1 (1.10%) Altiris
8 1 (1.10%) Bloomberg
8 1 (1.10%) EMC
8 1 (1.10%) ION Trading
8 1 (1.10%) McAfee
8 1 (1.10%) Veritas