Period
to 23 April 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 23 April 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
23 Apr 2021
Same period 2020 Same period 2019
Rank 111 132 143
Rank change year-on-year +21 +11 -13
Contract jobs citing Financial Institution 35 36 107
As % of all contract jobs advertised in the City of London 1.38% 0.94% 1.59%
As % of the General category 2.82% 2.09% 3.04%
Number of daily rates quoted 20 27 74
10th Percentile £423 £378 £421
25th Percentile £475 £413 £466
Median daily rate (50th Percentile) £606 £575 £550
Median % change year-on-year +5.43% +4.55% +2.33%
75th Percentile £650 £626 £659
90th Percentile £678 £723 £750
Central London median daily rate £606 £513 £550
% change year-on-year +18.29% -6.82% +4.76%
Number of hourly rates quoted 0 1 3
Median hourly rate - £29.00 £18.70
Median % change year-on-year - +55.08% -13.02%
Central London median hourly rate - £29.00 £18.70
% change year-on-year - +55.08% -13.02%

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 1,242 1,721 3,516
As % of all contract IT jobs advertised in the City of London 49.03% 45.17% 52.37%
Number of daily rates quoted 893 1,260 2,668
10th Percentile £363 £306 £313
25th Percentile £453 £413 £425
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - -
75th Percentile £650 £625 £625
90th Percentile £725 £694 £688
Central London median daily rate £550 £513 £525
% change year-on-year +7.32% -2.38% -
Number of hourly rates quoted 8 30 31
10th Percentile £10.45 £12.28 £11.25
25th Percentile £11.88 £12.44 £14.24
Median hourly rate £18.75 £17.48 £19.25
Median % change year-on-year +7.30% -9.22% -4.94%
75th Percentile £23.54 £28.90 £30.25
90th Percentile £28.80 £44.11 £37.50
Central London median hourly rate £20.00 £18.70 £20.00
% change year-on-year +6.95% -6.50% +2.56%

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 23 April 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 23 April 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 35 (100.00%) Finance
2 12 (34.29%) Banking
3 11 (31.43%) Agile Software Development
4 10 (28.57%) Project Management
5 9 (25.71%) Analytical Skills
6 8 (22.86%) Front Office
7 7 (20.00%) Java
7 7 (20.00%) Azure
8 6 (17.14%) Degree
9 5 (14.29%) ITSM
9 5 (14.29%) ITIL
9 5 (14.29%) Python
9 5 (14.29%) Foreign Exchange (FX)
9 5 (14.29%) Credit Risk
9 5 (14.29%) Analytics
9 5 (14.29%) Java 8
10 4 (11.43%) Backtesting
10 4 (11.43%) Enterprise Cloud
10 4 (11.43%) DevOps
10 4 (11.43%) Kubernetes
10 4 (11.43%) Market Risk
10 4 (11.43%) Monte Carlo Method
10 4 (11.43%) AWS
10 4 (11.43%) HP
10 4 (11.43%) PhD
10 4 (11.43%) DNS
10 4 (11.43%) Business Intelligence
10 4 (11.43%) Microsoft
10 4 (11.43%) C++
10 4 (11.43%) Oracle

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 1 (2.86%) Cloud Foundry
Applications
1 3 (8.57%) Microsoft Excel
Business Applications
1 1 (2.86%) Loan IQ
Cloud Services
1 7 (20.00%) Azure
2 4 (11.43%) AWS
3 3 (8.57%) Azure Active Directory
4 2 (5.71%) OpenShift
5 1 (2.86%) Power Platform
5 1 (2.86%) Salesforce Sales Cloud
5 1 (2.86%) SuccessFactors
Communications & Networking
1 4 (11.43%) DNS
2 3 (8.57%) VSAN
3 2 (5.71%) WAN
4 1 (2.86%) BGP
4 1 (2.86%) DHCP
4 1 (2.86%) FIX Connectivity
4 1 (2.86%) LAN
4 1 (2.86%) OSPF
4 1 (2.86%) TCP/IP
4 1 (2.86%) WLAN
Database & Business Intelligence
1 3 (8.57%) Data Warehouse
1 3 (8.57%) MS Access
1 3 (8.57%) Oracle Database
1 3 (8.57%) Oracle Database 10g
1 3 (8.57%) Oracle Database 11g
1 3 (8.57%) Oracle Database 12c
2 1 (2.86%) Data Lake
2 1 (2.86%) DB2
2 1 (2.86%) NonStop SQL
2 1 (2.86%) Power BI
2 1 (2.86%) SQL Server
2 1 (2.86%) Tableau
Development Applications
1 3 (8.57%) Octopus Deploy
2 1 (2.86%) Eclipse
2 1 (2.86%) Git (software)
2 1 (2.86%) Gradle
2 1 (2.86%) IntelliJ
2 1 (2.86%) Maven
2 1 (2.86%) SQL Server Management Studio (SSMS)
2 1 (2.86%) Team Foundation Server
2 1 (2.86%) Visual Studio
General
1 35 (100.00%) Finance
2 12 (34.29%) Banking
3 8 (22.86%) Front Office
4 4 (11.43%) Retail
5 3 (8.57%) Investment Banking
5 3 (8.57%) Legal
6 2 (5.71%) Billing
Job Titles
1 9 (25.71%) Analyst
2 8 (22.86%) Developer
3 6 (17.14%) Java Developer
4 4 (11.43%) Project Manager
4 4 (11.43%) Qualitative Analyst
4 4 (11.43%) Quantitative Analyst
5 3 (8.57%) Administrator
5 3 (8.57%) Banking Analyst
5 3 (8.57%) Banking Business Analyst
5 3 (8.57%) Banking Project Manager
5 3 (8.57%) Business Analyst
5 3 (8.57%) IT Manager
5 3 (8.57%) IT Project Manager
5 3 (8.57%) Senior IT Manager
5 3 (8.57%) Senior IT Project Manager
5 3 (8.57%) Senior Manager
5 3 (8.57%) Senior Project Manager
5 3 (8.57%) Systems Administrator
6 2 (5.71%) DBA
6 2 (5.71%) Network Engineer
Libraries, Frameworks & Software Standards
1 2 (5.71%) Apache Camel
1 2 (5.71%) Kafka
1 2 (5.71%) Middleware
2 1 (2.86%) .NET
2 1 (2.86%) CSS
2 1 (2.86%) FIX Protocol
2 1 (2.86%) Hibernate
2 1 (2.86%) HTML
2 1 (2.86%) RESTful
2 1 (2.86%) Spring
2 1 (2.86%) Spring Integration
2 1 (2.86%) Swing
Miscellaneous
1 9 (25.71%) Analytical Skills
2 5 (14.29%) Credit Risk
2 5 (14.29%) Foreign Exchange (FX)
3 4 (11.43%) Derivative
3 4 (11.43%) Enterprise Cloud
3 4 (11.43%) Market Risk
4 3 (8.57%) Data Structures
4 3 (8.57%) Hybrid Cloud
4 3 (8.57%) Management Information System
4 3 (8.57%) PMI
5 2 (5.71%) CMDB
5 2 (5.71%) Hedge funds
5 2 (5.71%) Public Cloud
6 1 (2.86%) Data Centre
6 1 (2.86%) Equities
6 1 (2.86%) Fixed Income
6 1 (2.86%) Mainframe
6 1 (2.86%) Self-Motivation
6 1 (2.86%) TWAP
6 1 (2.86%) VWAP
Operating Systems
1 3 (8.57%) Windows
1 3 (8.57%) Windows Server
1 3 (8.57%) Windows Server 2016
1 3 (8.57%) Windows Server 2019
Processes & Methodologies
1 11 (31.43%) Agile Software Development
2 10 (28.57%) Project Management
3 5 (14.29%) Analytics
3 5 (14.29%) ITIL
3 5 (14.29%) ITSM
4 4 (11.43%) Backtesting
4 4 (11.43%) Business Intelligence
4 4 (11.43%) DevOps
4 4 (11.43%) Mathematics
4 4 (11.43%) Monte Carlo Method
4 4 (11.43%) Physics
4 4 (11.43%) Stakeholder Management
4 4 (11.43%) Statistics
5 3 (8.57%) Asset Management
5 3 (8.57%) Data Analysis
5 3 (8.57%) PRINCE
5 3 (8.57%) PRINCE2
5 3 (8.57%) Risk Management
5 3 (8.57%) Service Management
5 3 (8.57%) Workflow
Programming Languages
1 7 (20.00%) Java
2 5 (14.29%) Java 8
2 5 (14.29%) Python
3 4 (11.43%) C++
4 3 (8.57%) PowerShell
4 3 (8.57%) SQL
5 1 (2.86%) Apex Code
5 1 (2.86%) C#
5 1 (2.86%) COBOL
5 1 (2.86%) JavaScript
5 1 (2.86%) PL/1
5 1 (2.86%) SOQL
Qualifications
1 6 (17.14%) Degree
2 4 (11.43%) PhD
3 3 (8.57%) PMI Certification
3 3 (8.57%) PRINCE2 Certification
4 2 (5.71%) CCNP
4 2 (5.71%) Cisco Certification
5 1 (2.86%) CCIE
5 1 (2.86%) CISSP
Quality Assurance & Compliance
1 2 (5.71%) GDPR
1 2 (5.71%) IFRS
2 1 (2.86%) GRC
2 1 (2.86%) PMO
2 1 (2.86%) QA
System Software
1 3 (8.57%) Active Directory
1 3 (8.57%) Hyper-V
1 3 (8.57%) VMware Infrastructure
1 3 (8.57%) vSphere
2 2 (5.71%) Docker
Systems Management
1 4 (11.43%) Kubernetes
2 3 (8.57%) PowerCLI
2 3 (8.57%) SCCM
2 3 (8.57%) Terraform
2 3 (8.57%) vCenter Server
Vendors
1 4 (11.43%) HP
1 4 (11.43%) Microsoft
1 4 (11.43%) Oracle
2 3 (8.57%) Delphix
2 3 (8.57%) VMware
3 2 (5.71%) MuleSoft
3 2 (5.71%) ServiceNow
4 1 (2.86%) Casewise
4 1 (2.86%) CheckPoint
4 1 (2.86%) Cisco
4 1 (2.86%) F5
4 1 (2.86%) Infoblox
4 1 (2.86%) Palo Alto
4 1 (2.86%) Qualtrics
4 1 (2.86%) Salesforce.com
4 1 (2.86%) SAP
4 1 (2.86%) Splunk
4 1 (2.86%) Sybase
4 1 (2.86%) Veritas