Period
to 30 October 2020

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 30 October 2020 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
30 Oct 2020
Same period 2019 Same period 2018
Rank 89 150 136
Rank change year-on-year +61 -14 -20
Contract jobs citing Financial Institution 22 79 130
As % of all contract jobs advertised in the City of London 1.22% 1.32% 1.85%
As % of the General category 2.31% 2.81% 3.48%
Number of daily rates quoted 16 62 65
Median daily rate £513 £550 £525
Median daily rate % change year-on-year -6.82% +4.76% -4.55%
10th Percentile £450 £338 £370
90th Percentile £604 £704 £713
Central London median daily rate £513 £550 £525
% change year-on-year -6.82% +4.76% -4.55%
Number of hourly rates quoted 2 0 3
Median hourly rate £21.00 - £18.70
Central London median hourly rate £21.00 - £18.70

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 951 2,811 3,736
As % of all contract IT jobs advertised in the City of London 52.57% 47.09% 53.09%
Number of daily rates quoted 637 2,142 2,905
Median daily rate £525 £521 £525
Median daily rate % change year-on-year +0.72% -0.71% -
10th Percentile £313 £326 £313
90th Percentile £705 £700 £688
Central London median daily rate £525 £513 £525
% change year-on-year +2.44% -2.38% +0.96%
Number of hourly rates quoted 22 25 62
Median hourly rate £30.75 £21.00 £19.25
Median hourly rate % change year-on-year +46.43% +9.09% -6.10%
10th Percentile £15.25 £12.76 £13.31
90th Percentile £60.83 £33.60 £37.09
Median hourly rate £28.20 £21.00 £19.25
% change year-on-year +34.26% +9.09% -6.10%

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 30 October 2020.

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 30 October 2020, 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 22 (100.00%) Finance
2 16 (72.73%) Banking
3 7 (31.82%) Front Office
3 7 (31.82%) SQL
4 6 (27.27%) Microsoft Excel
5 4 (18.18%) Risk Management
5 4 (18.18%) C#
5 4 (18.18%) Windows
5 4 (18.18%) Python
5 4 (18.18%) Cisco
5 4 (18.18%) Microsoft
5 4 (18.18%) CCNP
5 4 (18.18%) Cisco Certification
5 4 (18.18%) International Banking
5 4 (18.18%) F5
6 3 (13.64%) Riverbed
6 3 (13.64%) Firewall
6 3 (13.64%) Issue Tracking
6 3 (13.64%) Windows 10
6 3 (13.64%) Blue Coat
6 3 (13.64%) QA
6 3 (13.64%) Business Intelligence
6 3 (13.64%) Java
6 3 (13.64%) VBA
6 3 (13.64%) Project Management
6 3 (13.64%) Power BI
6 3 (13.64%) Power Platform
7 2 (9.09%) Break/Fix
7 2 (9.09%) Java 8
7 2 (9.09%) Control-M

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 (4.55%) IIS
Applications
1 6 (27.27%) Microsoft Excel
2 1 (4.55%) Microsoft Office
2 1 (4.55%) Microsoft PowerPoint
2 1 (4.55%) MS Visio
Cloud Services
1 3 (13.64%) Power Platform
2 2 (9.09%) AWS
2 2 (9.09%) Office 365
3 1 (4.55%) Azure
Communications & Networking
1 3 (13.64%) Firewall
2 2 (9.09%) Cisco IOS
3 1 (4.55%) BGP
3 1 (4.55%) DHCP
3 1 (4.55%) DNS
3 1 (4.55%) LAN
3 1 (4.55%) OSPF
3 1 (4.55%) TCP/IP
3 1 (4.55%) WAN
Database & Business Intelligence
1 3 (13.64%) Power BI
2 2 (9.09%) MS Access
2 2 (9.09%) SQL Server
3 1 (4.55%) Data Warehouse
3 1 (4.55%) Oracle Database
3 1 (4.55%) Oracle Reports
3 1 (4.55%) SQL Server Integration Services
3 1 (4.55%) SQL Server Reporting Services
3 1 (4.55%) SQLPlus
3 1 (4.55%) Tableau
Development Applications
1 1 (4.55%) Git (software)
1 1 (4.55%) Jenkins
1 1 (4.55%) JIRA
1 1 (4.55%) Subversion
1 1 (4.55%) TeamCity
1 1 (4.55%) Vagrant
General
1 22 (100.00%) Finance
2 16 (72.73%) Banking
3 7 (31.82%) Front Office
4 4 (18.18%) International Banking
5 1 (4.55%) French Language
5 1 (4.55%) Investment Banking
5 1 (4.55%) Legal
Job Titles
1 8 (36.36%) Developer
2 5 (22.73%) Network Engineer
3 3 (13.64%) Analyst
3 3 (13.64%) Front Office Developer
4 2 (9.09%) Access Developer
4 2 (9.09%) Access VBA Developer
4 2 (9.09%) C# Developer
4 2 (9.09%) Coordinator
4 2 (9.09%) Excel Developer
4 2 (9.09%) Excel VBA Developer
4 2 (9.09%) Java Developer
4 2 (9.09%) Qualitative Analyst
4 2 (9.09%) Quantitative Analyst
4 2 (9.09%) Quantitative Developer
4 2 (9.09%) VBA Developer
5 1 (4.55%) Banking Project Manager
5 1 (4.55%) Integration Developer
5 1 (4.55%) Market Data Developer
5 1 (4.55%) Mobile Engineer
5 1 (4.55%) Quantitative Analyst Developer
Libraries, Frameworks & Software Standards
1 1 (4.55%) Apache Camel
1 1 (4.55%) Hibernate
1 1 (4.55%) Kafka
1 1 (4.55%) Middleware
1 1 (4.55%) WPF
Miscellaneous
1 1 (4.55%) Blackberry
1 1 (4.55%) Foreign Exchange (FX)
1 1 (4.55%) Market Risk
1 1 (4.55%) Mobile App
1 1 (4.55%) Mobile Banking
Operating Systems
1 4 (18.18%) Windows
2 3 (13.64%) Windows 10
3 1 (4.55%) Android
3 1 (4.55%) Windows 7
3 1 (4.55%) Windows Server
Processes & Methodologies
1 4 (18.18%) Risk Management
2 3 (13.64%) Business Intelligence
2 3 (13.64%) Issue Tracking
2 3 (13.64%) Project Management
3 2 (9.09%) Agile Software Development
3 2 (9.09%) Break/Fix
3 2 (9.09%) Capacity Planning
3 2 (9.09%) Mathematics
3 2 (9.09%) Migration
3 2 (9.09%) Performance Tuning
3 2 (9.09%) Programme Management
3 2 (9.09%) Unit Testing
4 1 (4.55%) Continuous Integration
4 1 (4.55%) Dimensional Modelling
4 1 (4.55%) Integration Testing
4 1 (4.55%) Load Balancing
4 1 (4.55%) Product Management
4 1 (4.55%) Test Scripting
4 1 (4.55%) Time Management
4 1 (4.55%) User Acceptance Testing
Programming Languages
1 7 (31.82%) SQL
2 4 (18.18%) C#
2 4 (18.18%) Python
3 3 (13.64%) Java
3 3 (13.64%) VBA
4 2 (9.09%) C++
4 2 (9.09%) Java 8
4 2 (9.09%) PowerShell
5 1 (4.55%) Bash Shell
5 1 (4.55%) Data Analysis Expressions (DAX)
5 1 (4.55%) Go
5 1 (4.55%) PL/SQL
5 1 (4.55%) T-SQL
5 1 (4.55%) VBScript
Qualifications
1 4 (18.18%) CCNP
1 4 (18.18%) Cisco Certification
2 2 (9.09%) Degree
2 2 (9.09%) PMI Certification
2 2 (9.09%) PMP
3 1 (4.55%) CCIE
Quality Assurance & Compliance
1 3 (13.64%) QA
2 1 (4.55%) PMO
2 1 (4.55%) PSD2
System Software
1 1 (4.55%) Active Directory
1 1 (4.55%) VMware Infrastructure
Systems Management
1 2 (9.09%) Control-M
2 1 (4.55%) Ansible
2 1 (4.55%) Microsoft Intune
2 1 (4.55%) SCCM
2 1 (4.55%) Tivoli
Vendors
1 4 (18.18%) Cisco
1 4 (18.18%) F5
1 4 (18.18%) Microsoft
2 3 (13.64%) Blue Coat
2 3 (13.64%) Riverbed
3 1 (4.55%) Apple
3 1 (4.55%) CheckPoint
3 1 (4.55%) Citrix
3 1 (4.55%) Google
3 1 (4.55%) Ivanti
3 1 (4.55%) MobileIron
3 1 (4.55%) MuleSoft
3 1 (4.55%) Oracle
3 1 (4.55%) Palo Alto
3 1 (4.55%) Remedy
3 1 (4.55%) Splunk
3 1 (4.55%) Sybase
3 1 (4.55%) VMware