Period
to 16 January 2019

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 16 January 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.

Financial Institution
Central London > City of London
6 months to
16 Jan 2019
Same period 2018 Same period 2017
Rank 151 126 79
Rank change year-on-year -25 -47 +20
Contract jobs citing Financial Institution 106 128 181
As % of all contract IT jobs advertised in the City of London 1.56% 1.81% 2.92%
As % of the General category 3.06% 3.29% 5.54%
Number of daily rates quoted 65 58 99
City of London median daily rate £550 £544 £501
Median daily rate % change year-on-year +1.15% +8.64% -9.00%
10th Percentile £291 £387 £390
90th Percentile £770 £704 £652
Central London median daily rate £550 £535 £494
% change year-on-year +2.80% +8.35% -10.23%
Number of hourly rates quoted 4 1 0
City of London median hourly rate £18.70 £21.50 -
Median hourly rate % change year-on-year -13.02% - -
Central London median hourly rate £18.70 £21.50 -
% change year-on-year -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 3,467 3,896 3,270
As % of all contract IT jobs advertised in the City of London 50.99% 55.20% 52.70%
Number of daily rates quoted 2,646 3,110 2,611
City of London median daily rate £538 £525 £500
Median daily rate % change year-on-year +2.38% +5.00% -
10th Percentile £300 £325 £319
90th Percentile £688 £701 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +4.17%
Number of hourly rates quoted 39 39 14
City of London median hourly rate £18.70 £21.00 £21.75
Median hourly rate % change year-on-year -10.95% -3.45% -3.33%
10th Percentile £13.80 £15.00 £14.90
90th Percentile £33.25 £39.50 £53.98
Central London median hourly rate £18.70 £21.25 £21.75
% change year-on-year -12.00% -2.30% -3.33%

Financial Institution
Job Vacancy Trend in the City of London

Job postings citing Financial Institution as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in the City of London.

Contractor daily rate trend for Financial Institution in the City of London

Financial Institution
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Financial Institution in the City of London over the 6 months to 16 January 2019.

Contractor daily rate histogram for Financial Institution in the City of London

Financial Institution
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 Financial Institution in the City of London.

Contractor hourly rate trend for Financial Institution in the City of London

For the 6 months to 16 January 2019, 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.

1 106 (100.00%) Finance
2 38 (35.85%) Agile Software Development
3 29 (27.36%) Banking
4 19 (17.92%) Java
4 19 (17.92%) Windows
5 18 (16.98%) SQL Server
5 18 (16.98%) Microsoft Azure
6 17 (16.04%) Migration
6 17 (16.04%) Hedge funds
7 16 (15.09%) C#
7 16 (15.09%) Continuous Integration
8 15 (14.15%) .NET
8 15 (14.15%) HP
8 15 (14.15%) Fixed Income
8 15 (14.15%) Equities
8 15 (14.15%) Back Office
8 15 (14.15%) Middleware
8 15 (14.15%) DevOps
8 15 (14.15%) Analytical Skills
8 15 (14.15%) Problem-Solving
9 14 (13.21%) Infrastructure Management
9 14 (13.21%) SQL
9 14 (13.21%) TDD
10 13 (12.26%) Amazon AWS
10 13 (12.26%) Unix
11 12 (11.32%) Validation
11 12 (11.32%) Degree
11 12 (11.32%) Retail
11 12 (11.32%) Asset Management
11 12 (11.32%) Change Control

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 7 (6.60%) MS Exchange
2 6 (5.66%) SAS
3 2 (1.89%) Apache Spark
3 2 (1.89%) Cloud Foundry
3 2 (1.89%) Confluence
3 2 (1.89%) SharePoint
3 2 (1.89%) Tomcat
4 1 (0.94%) Apache
4 1 (0.94%) Blackberry Enterprise Server
4 1 (0.94%) Exchange Server 2010
4 1 (0.94%) JBoss
Applications
1 4 (3.77%) Microsoft Excel
1 4 (3.77%) Microsoft Office
Business Applications
1 6 (5.66%) Actimize
2 2 (1.89%) Sentinel
2 2 (1.89%) SimCorp Dimension
3 1 (0.94%) BusinessWorks
3 1 (0.94%) Dynamics CRM
3 1 (0.94%) Eikon
3 1 (0.94%) IntelliMatch
3 1 (0.94%) Kondor
3 1 (0.94%) Markit EDM
Cloud Services
1 18 (16.98%) Microsoft Azure
2 13 (12.26%) Amazon AWS
3 6 (5.66%) Datadog
3 6 (5.66%) Office 365
4 4 (3.77%) IaaS
4 4 (3.77%) PaaS
5 3 (2.83%) OpenShift
6 2 (1.89%) IBM Cloud
6 2 (1.89%) OneDrive
6 2 (1.89%) SaaS
6 2 (1.89%) Virtual Private Cloud
6 2 (1.89%) Yammer
7 1 (0.94%) Google Cloud Platform
Communications & Networking
1 5 (4.72%) Internet
1 5 (4.72%) LAN
1 5 (4.72%) WAN
2 4 (3.77%) VPN
3 3 (2.83%) Broadband
3 3 (2.83%) TCP/IP
4 2 (1.89%) DMZ
4 2 (1.89%) Intranet
5 1 (0.94%) DNS
5 1 (0.94%) Firewall
5 1 (0.94%) Junos
5 1 (0.94%) MPLS
5 1 (0.94%) Unified Communications
5 1 (0.94%) VSAN
Database & Business Intelligence
1 18 (16.98%) SQL Server
2 10 (9.43%) SQL Server 2012
3 8 (7.55%) SQL Server 2014
3 8 (7.55%) SQL Server 2016
4 5 (4.72%) Big Data
5 2 (1.89%) Aerospike
5 2 (1.89%) Amazon DynamoDB
5 2 (1.89%) Couchbase
5 2 (1.89%) Data Warehouse
5 2 (1.89%) Hazelcast
5 2 (1.89%) NoSQL
5 2 (1.89%) Redis
6 1 (0.94%) Apache Ignite
6 1 (0.94%) Data Mart
6 1 (0.94%) Hadoop
6 1 (0.94%) OLAP
6 1 (0.94%) Sybase ASE
Development Applications
1 10 (9.43%) Cucumber
1 10 (9.43%) Selenium
2 6 (5.66%) Git (software)
3 5 (4.72%) JIRA
3 5 (4.72%) SoapUI
4 4 (3.77%) Jenkins
4 4 (3.77%) Zephyr
5 2 (1.89%) Artifactory
5 2 (1.89%) Bitbucket
5 2 (1.89%) IBM UrbanCode
5 2 (1.89%) Maven
5 2 (1.89%) Octopus Deploy
5 2 (1.89%) Sonatype Nexus
5 2 (1.89%) SpecFlow
5 2 (1.89%) TeamCity
6 1 (0.94%) ERwin
6 1 (0.94%) JUnit
6 1 (0.94%) Subversion
6 1 (0.94%) Toad
6 1 (0.94%) VersionOne
General
1 106 (100.00%) Finance
2 29 (27.36%) Banking
3 15 (14.15%) Back Office
4 12 (11.32%) Retail
5 9 (8.49%) Front Office
6 6 (5.66%) Legal
7 5 (4.72%) Investment Banking
Job Titles
1 23 (21.70%) Developer
2 17 (16.04%) Analyst
3 12 (11.32%) Architect
4 9 (8.49%) Business Analyst
4 9 (8.49%) Consultant
4 9 (8.49%) SQL Developer
5 8 (7.55%) Tester
5 8 (7.55%) WPF Developer
6 7 (6.60%) Project Manager
6 7 (6.60%) Support Engineer
7 6 (5.66%) Infrastructure Engineer
7 6 (5.66%) IT Engineer
7 6 (5.66%) IT Infrastructure Engineer
8 5 (4.72%) .NET Developer
8 5 (4.72%) Desktop Engineer
8 5 (4.72%) Desktop Support
8 5 (4.72%) Desktop Support Engineer
8 5 (4.72%) Java Developer
9 4 (3.77%) Asset Management Business Analyst
9 4 (3.77%) Implementation Consultant
Libraries, Frameworks & Software Standards
1 15 (14.15%) .NET
1 15 (14.15%) Middleware
2 11 (10.38%) WPF
3 10 (9.43%) .NET Framework
3 10 (9.43%) Entity Framework
3 10 (9.43%) Task Parallel Library
3 10 (9.43%) WCF
4 9 (8.49%) REST
4 9 (8.49%) SOAP
4 9 (8.49%) Web Services
5 8 (7.55%) HTML
5 8 (7.55%) RESTful
6 7 (6.60%) XML
7 3 (2.83%) Django
7 3 (2.83%) Spring
8 2 (1.89%) Java EE
8 2 (1.89%) JSON
8 2 (1.89%) JSP
8 2 (1.89%) LDAP
8 2 (1.89%) LINQ
Miscellaneous
1 17 (16.04%) Hedge funds
2 15 (14.15%) Analytical Skills
2 15 (14.15%) Equities
2 15 (14.15%) Fixed Income
3 10 (9.43%) Greenfield Project
4 8 (7.55%) Public Cloud
5 3 (2.83%) Fintech
5 3 (2.83%) Handset
5 3 (2.83%) Management Information System
5 3 (2.83%) Smartphone
5 3 (2.83%) SWIFT
6 2 (1.89%) Credit Risk
6 2 (1.89%) Data Centre
6 2 (1.89%) Derivative
6 2 (1.89%) Foreign Exchange (FX)
6 2 (1.89%) Hybrid Cloud
6 2 (1.89%) Market Risk
6 2 (1.89%) PKI
6 2 (1.89%) PMI
7 1 (0.94%) OTC Derivatives
Operating Systems
1 19 (17.92%) Windows
2 13 (12.26%) Unix
3 8 (7.55%) Linux
4 6 (5.66%) Apple iOS
4 6 (5.66%) Windows 7
4 6 (5.66%) Windows Server
5 4 (3.77%) Android
5 4 (3.77%) Red Hat Enterprise Linux
5 4 (3.77%) Windows 10
6 3 (2.83%) Mac OS
7 2 (1.89%) Solaris
7 2 (1.89%) Ubuntu
8 1 (0.94%) Windows Server 2012
Processes & Methodologies
1 38 (35.85%) Agile Software Development
2 17 (16.04%) Migration
3 16 (15.09%) Continuous Integration
4 15 (14.15%) DevOps
4 15 (14.15%) Problem-Solving
5 14 (13.21%) Infrastructure Management
5 14 (13.21%) TDD
6 12 (11.32%) Asset Management
6 12 (11.32%) Change Control
6 12 (11.32%) Continuous Delivery
6 12 (11.32%) Validation
7 11 (10.38%) SOA
7 11 (10.38%) Waterfall
8 10 (9.43%) API Testing
8 10 (9.43%) Multithreading
8 10 (9.43%) Test Scripting
9 9 (8.49%) Integration Testing
9 9 (8.49%) MVVM
10 8 (7.55%) Mathematics
10 8 (7.55%) Time Management
Programming Languages
1 19 (17.92%) Java
2 16 (15.09%) C#
3 14 (13.21%) SQL
4 10 (9.43%) Python
5 4 (3.77%) Java 8
6 3 (2.83%) Groovy
6 3 (2.83%) Perl
7 2 (1.89%) C++
7 2 (1.89%) Go
7 2 (1.89%) JavaScript
7 2 (1.89%) PL/SQL
7 2 (1.89%) PowerShell
7 2 (1.89%) R
7 2 (1.89%) VBA
8 1 (0.94%) AWK
8 1 (0.94%) C
8 1 (0.94%) Haskell
8 1 (0.94%) Kotlin
8 1 (0.94%) Scala
8 1 (0.94%) Shell Script
Qualifications
1 12 (11.32%) Degree
2 6 (5.66%) Microsoft Certification
3 4 (3.77%) MCSE
4 2 (1.89%) PMI Certification
5 1 (0.94%) Computer Science Degree
5 1 (0.94%) TOGAF Certification
Quality Assurance & Compliance
1 11 (10.38%) QA
2 8 (7.55%) SEPA
3 4 (3.77%) SLA
4 3 (2.83%) MiFID
4 3 (2.83%) PMO
5 2 (1.89%) PSD2
5 2 (1.89%) TARGET2
6 1 (0.94%) Data Quality
6 1 (0.94%) EMIR
6 1 (0.94%) ISO/IEC 27001
6 1 (0.94%) PCI DSS
System Software
1 9 (8.49%) Docker
2 4 (3.77%) Active Directory
2 4 (3.77%) Virtual Desktop
3 1 (0.94%) Hyper-V
3 1 (0.94%) VMware Infrastructure
3 1 (0.94%) vSphere
Systems Management
1 12 (11.32%) Terraform
2 10 (9.43%) Ansible
3 8 (7.55%) HP Quality Center
4 6 (5.66%) Backup Exec
5 5 (4.72%) Kubernetes
6 4 (3.77%) Packer
6 4 (3.77%) SCCM
7 3 (2.83%) Single Sign-On
8 2 (1.89%) Consul
8 2 (1.89%) Nagios
8 2 (1.89%) Puppet
8 2 (1.89%) Tivoli
9 1 (0.94%) Microsoft Intune
9 1 (0.94%) Netcool
9 1 (0.94%) Opscode Chef
9 1 (0.94%) PowerCLI
9 1 (0.94%) SCOM
9 1 (0.94%) Tivoli Endpoint Manager
9 1 (0.94%) Tivoli Monitoring
9 1 (0.94%) vCenter Server
Vendors
1 15 (14.15%) HP
2 11 (10.38%) Microsoft
2 11 (10.38%) Oracle
3 10 (9.43%) Citrix
3 10 (9.43%) IBM
4 7 (6.60%) VMware
5 6 (5.66%) SAP
5 6 (5.66%) Veritas
6 5 (4.72%) Bloomberg
6 5 (4.72%) Google
7 4 (3.77%) FactSet
8 3 (2.83%) Apple
9 2 (1.89%) AppDynamics
9 2 (1.89%) Cadence
9 2 (1.89%) Micro Focus
9 2 (1.89%) Murex
9 2 (1.89%) New Relic
9 2 (1.89%) Reuters
9 2 (1.89%) SimCorp
9 2 (1.89%) Splunk