Period
to 22 January 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 22 January 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
22 Jan 2020
Same period 2019 Same period 2018
Rank 144 134 131
Rank change year-on-year -10 -3 -45
Contract jobs citing Financial Institution 51 107 130
As % of all contract IT jobs advertised in the City of London 1.02% 1.57% 1.84%
As % of the General category 2.31% 2.94% 3.27%
Number of daily rates quoted 34 65 60
City of London median daily rate £538 £550 £550
Median daily rate % change year-on-year -2.27% - +4.76%
10th Percentile £390 £291 £423
90th Percentile £734 £770 £701
Central London median daily rate £513 £550 £538
% change year-on-year -6.82% +2.33% +7.50%
Number of hourly rates quoted 2 4 1
City of London median hourly rate £32.00 £18.70 £21.50
Median hourly rate % change year-on-year +71.12% -13.02% -
10th Percentile £29.60 £18.70 £21.25
90th Percentile £34.40 £18.70 £21.75
Central London median hourly rate £32.00 £18.70 £21.50
% change year-on-year +71.12% -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 2,209 3,636 3,979
As % of all contract IT jobs advertised in the City of London 44.37% 53.31% 56.26%
Number of daily rates quoted 1,659 2,761 3,181
City of London median daily rate £520 £525 £525
Median daily rate % change year-on-year -0.95% - +5.00%
10th Percentile £310 £290 £323
90th Percentile £700 £688 £700
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% +0.10% +4.90%
Number of hourly rates quoted 25 46 45
City of London median hourly rate £20.83 £18.85 £21.00
Median hourly rate % change year-on-year +10.50% -10.24% -3.45%
10th Percentile £12.45 £13.00 £13.13
90th Percentile £35.00 £39.64 £35.65
Central London median hourly rate £21.00 £18.70 £21.23
% change year-on-year +12.30% -11.90% -2.41%

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 22 January 2020.

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

Financial Institution
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the City of London region over the 6 months to 22 January 2020. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate - 2 - -
Financial Institution
Central London

For the 6 months to 22 January 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 51 (100.00%) Finance
2 13 (25.49%) Windows
3 11 (21.57%) Java
4 10 (19.61%) Front Office
4 10 (19.61%) Equities
4 10 (19.61%) Agile Software Development
5 9 (17.65%) Banking
5 9 (17.65%) Asset Management
5 9 (17.65%) Python
5 9 (17.65%) Problem-Solving
6 8 (15.69%) Project Management
6 8 (15.69%) Retail
7 7 (13.73%) Fixed Income
7 7 (13.73%) Microsoft
7 7 (13.73%) SQL
7 7 (13.73%) Windows 10
8 6 (11.76%) Derivative
8 6 (11.76%) JIRA
8 6 (11.76%) Degree
8 6 (11.76%) Linux
9 5 (9.80%) Migration
9 5 (9.80%) Active Directory
9 5 (9.80%) Citrix
9 5 (9.80%) Foreign Exchange (FX)
9 5 (9.80%) McAfee
9 5 (9.80%) Spring
9 5 (9.80%) Business Analysis
9 5 (9.80%) PowerShell
9 5 (9.80%) Office 365
10 4 (7.84%) Lumension

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 2 (3.92%) Elasticsearch
2 1 (1.96%) MS Exchange
2 1 (1.96%) SharePoint
Applications
1 4 (7.84%) Microsoft Excel
2 2 (3.92%) Microsoft PowerPoint
2 2 (3.92%) MS Visio
Business Applications
1 2 (3.92%) Loan IQ
2 1 (1.96%) Global One
2 1 (1.96%) SimCorp Dimension
2 1 (1.96%) Temenos T24
Cloud Services
1 5 (9.80%) Office 365
2 4 (7.84%) Azure
3 2 (3.92%) AWS
4 1 (1.96%) Amazon EC2
4 1 (1.96%) Amazon S3
4 1 (1.96%) AWS Lambda
4 1 (1.96%) Serverless
Communications & Networking
1 2 (3.92%) Firewall
2 1 (1.96%) FTP
2 1 (1.96%) HTTP
2 1 (1.96%) VPN
2 1 (1.96%) WAN
Database & Business Intelligence
1 4 (7.84%) SQL Server
2 3 (5.88%) Azure SQL Data Warehouse
2 3 (5.88%) Data Warehouse
3 2 (3.92%) MySQL
3 2 (3.92%) NoSQL
4 1 (1.96%) Amazon RDS
4 1 (1.96%) Apache Cassandra
4 1 (1.96%) Big Data
4 1 (1.96%) CouchDB
4 1 (1.96%) Hadoop
4 1 (1.96%) HBase
4 1 (1.96%) MongoDB
4 1 (1.96%) Redis
4 1 (1.96%) Relational Database
Development Applications
1 6 (11.76%) JIRA
2 4 (7.84%) InstallShield
2 4 (7.84%) MSI
2 4 (7.84%) TeamCity
2 4 (7.84%) WinDbg
3 3 (5.88%) Visual Studio
4 2 (3.92%) Jenkins
5 1 (1.96%) Ant
5 1 (1.96%) CMake
5 1 (1.96%) Git (software)
5 1 (1.96%) Jasmine
5 1 (1.96%) JUnit
5 1 (1.96%) Karma Test Runner
5 1 (1.96%) Maven
5 1 (1.96%) NUnit
5 1 (1.96%) Octopus Deploy
5 1 (1.96%) RStudio
5 1 (1.96%) Team Foundation Server
General
1 51 (100.00%) Finance
2 10 (19.61%) Front Office
3 9 (17.65%) Banking
4 8 (15.69%) Retail
5 3 (5.88%) Back Office
6 2 (3.92%) General Ledger
6 2 (3.92%) Law
7 1 (1.96%) Billing
7 1 (1.96%) French Language
7 1 (1.96%) Investment Banking
Job Titles
1 16 (31.37%) Developer
2 13 (25.49%) Analyst
3 8 (15.69%) Java Developer
4 6 (11.76%) Business Analyst
5 5 (9.80%) Project Manager
6 3 (5.88%) C++ Developer
6 3 (5.88%) Data Business Analyst
6 3 (5.88%) Data Warehouse Analyst
6 3 (5.88%) Data Warehouse Business Analyst
6 3 (5.88%) Support Analyst
7 2 (3.92%) Banking Analyst
7 2 (3.92%) Database Engineer
7 2 (3.92%) Desktop Analyst
7 2 (3.92%) Desktop Support Analyst
7 2 (3.92%) Firewall Engineer
7 2 (3.92%) Front Office Business Analyst
7 2 (3.92%) Office 365 Manager
7 2 (3.92%) Senior C++ Developer
7 2 (3.92%) SQL Analyst
7 2 (3.92%) SQL Server Analyst
Libraries, Frameworks & Software Standards
1 5 (9.80%) Spring
2 4 (7.84%) AngularJS
3 3 (5.88%) Kafka
4 2 (3.92%) .NET
4 2 (3.92%) .NET Framework
4 2 (3.92%) Flask
4 2 (3.92%) Hibernate
4 2 (3.92%) HTML
4 2 (3.92%) Middleware
4 2 (3.92%) React
4 2 (3.92%) Vue.js
4 2 (3.92%) XML
5 1 (1.96%) .NET Core
5 1 (1.96%) Enzyme
5 1 (1.96%) FIXML
5 1 (1.96%) J2EE
5 1 (1.96%) Jest
5 1 (1.96%) JMX
5 1 (1.96%) Redux
5 1 (1.96%) XSLT
Miscellaneous
1 10 (19.61%) Equities
2 7 (13.73%) Fixed Income
3 6 (11.76%) Derivative
4 5 (9.80%) Foreign Exchange (FX)
5 4 (7.84%) Blackberry
6 2 (3.92%) Hedge funds
6 2 (3.92%) Management Information System
6 2 (3.92%) OTC Derivatives
6 2 (3.92%) User Experience
6 2 (3.92%) Wiki
7 1 (1.96%) Algorithms
7 1 (1.96%) Data Structures
7 1 (1.96%) Grid Computing
7 1 (1.96%) Self-Motivation
7 1 (1.96%) SWIFT
Operating Systems
1 13 (25.49%) Windows
2 7 (13.73%) Windows 10
3 6 (11.76%) Linux
4 4 (7.84%) Mac OS
5 2 (3.92%) Unix
5 2 (3.92%) Windows Server
6 1 (1.96%) Windows 7
6 1 (1.96%) Windows Server 2008
Processes & Methodologies
1 10 (19.61%) Agile Software Development
2 9 (17.65%) Asset Management
2 9 (17.65%) Problem-Solving
3 8 (15.69%) Project Management
4 5 (9.80%) Business Analysis
4 5 (9.80%) Migration
5 4 (7.84%) Application Packaging
5 4 (7.84%) Computer Science
5 4 (7.84%) Data Analysis
5 4 (7.84%) Data Modelling
5 4 (7.84%) E-Discovery
5 4 (7.84%) Infrastructure Engineering
5 4 (7.84%) ITIL
5 4 (7.84%) ITSM
5 4 (7.84%) PRINCE
5 4 (7.84%) Project Delivery
5 4 (7.84%) Project Governance
5 4 (7.84%) Service Delivery
5 4 (7.84%) Service Management
6 3 (5.88%) Front End Development
Programming Languages
1 11 (21.57%) Java
2 9 (17.65%) Python
3 7 (13.73%) SQL
4 5 (9.80%) PowerShell
5 4 (7.84%) VBScript
6 3 (5.88%) C++
6 3 (5.88%) Java 8
7 2 (3.92%) Go
7 2 (3.92%) JavaScript
8 1 (1.96%) C
8 1 (1.96%) C#
8 1 (1.96%) F#
8 1 (1.96%) R
8 1 (1.96%) VBA
Qualifications
1 6 (11.76%) Degree
2 4 (7.84%) PRINCE2 Certification
3 2 (3.92%) CCNA
3 2 (3.92%) CCNP
3 2 (3.92%) Cisco Certification
3 2 (3.92%) Numerate Degree
4 1 (1.96%) Computer Science Degree
4 1 (1.96%) Master's Degree
4 1 (1.96%) PMP
Quality Assurance & Compliance
1 1 (1.96%) PMO
1 1 (1.96%) PSD2
System Software
1 5 (9.80%) Active Directory
2 4 (7.84%) DFS Replication
2 4 (7.84%) Microsoft App-V
2 4 (7.84%) VMware Infrastructure
2 4 (7.84%) Xen
2 4 (7.84%) XenApp
2 4 (7.84%) XenDesktop
3 2 (3.92%) Docker
Systems Management
1 4 (7.84%) Jamf Pro
1 4 (7.84%) Perfmon
1 4 (7.84%) SCCM
1 4 (7.84%) SCOM
1 4 (7.84%) WSUS
1 4 (7.84%) XenMobile
2 3 (5.88%) Kubernetes
2 3 (5.88%) Terraform
3 2 (3.92%) FortiGate
4 1 (1.96%) Ansible
4 1 (1.96%) ITRS Geneos
4 1 (1.96%) McAfee ePO
Vendors
1 7 (13.73%) Microsoft
2 5 (9.80%) Citrix
2 5 (9.80%) McAfee
3 4 (7.84%) HP
3 4 (7.84%) Ivanti
3 4 (7.84%) Lumension
3 4 (7.84%) VMware
4 2 (3.92%) Cisco
4 2 (3.92%) F5
4 2 (3.92%) Juniper
4 2 (3.92%) Oracle
4 2 (3.92%) Palo Alto
4 2 (3.92%) Sony
4 2 (3.92%) Splunk
5 1 (1.96%) Bloomberg
5 1 (1.96%) Cadence
5 1 (1.96%) jBASE
5 1 (1.96%) Reuters
5 1 (1.96%) Sybase
5 1 (1.96%) Temenos