Period
to 29 July 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 29 July 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
29 Jul 2021
Same period 2020 Same period 2019
Rank 106 106 141
Rank change year-on-year 0 +35 -12
Contract jobs citing Financial Institution 57 32 101
As % of all contract jobs advertised in the City of London 1.66% 1.36% 1.54%
As % of the General category 2.74% 2.30% 2.57%
Number of daily rates quoted 40 25 81
10th Percentile £400 £413 £338
25th Percentile £475 £450 £463
Median daily rate (50th Percentile) £525 £550 £550
Median % change year-on-year -4.55% - +15.79%
75th Percentile £615 £613 £619
90th Percentile £689 £638 £713
Central London median daily rate £525 £525 £550
% change year-on-year - -4.55% +14.29%
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 2,080 1,390 3,933
As % of all contract IT jobs advertised in the City of London 60.69% 58.90% 59.95%
Number of daily rates quoted 1,480 987 3,011
10th Percentile £363 £313 £320
25th Percentile £463 £413 £425
Median daily rate (50th Percentile) £550 £513 £525
Median % change year-on-year +7.32% -2.38% -
75th Percentile £670 £613 £604
90th Percentile £738 £688 £675
Central London median daily rate £550 £500 £513
% change year-on-year +10.00% -2.44% -
Number of hourly rates quoted 28 30 51
10th Percentile £8.00 £12.42 £11.25
25th Percentile £13.69 £13.07 £12.76
Median hourly rate £23.23 £25.22 £19.50
Median % change year-on-year -7.91% +29.33% +4.28%
75th Percentile £32.55 £38.73 £24.47
90th Percentile £37.75 £48.23 £37.50
Central London median hourly rate £22.00 £26.81 £20.00
% change year-on-year -17.93% +34.04% +6.95%

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 29 July 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 29 July 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 57 (100.00%) Finance
2 21 (36.84%) Social Skills
3 20 (35.09%) Banking
4 17 (29.82%) Legal
4 17 (29.82%) AWS
5 16 (28.07%) Hedge funds
5 16 (28.07%) Data Protection
5 16 (28.07%) GDPR
6 14 (24.56%) Python
6 14 (24.56%) Kubernetes
7 13 (22.81%) DevOps
7 13 (22.81%) Agile Software Development
8 11 (19.30%) Project Management
8 11 (19.30%) Analytical Skills
8 11 (19.30%) Microservices
8 11 (19.30%) Docker
8 11 (19.30%) Git (software)
8 11 (19.30%) Cloud Native
9 10 (17.54%) User Stories
9 10 (17.54%) Azure
9 10 (17.54%) Java
10 9 (15.79%) Subversion
10 9 (15.79%) AWS CloudFormation
10 9 (15.79%) Deployment Automation
10 9 (15.79%) Infrastructure as Code
11 8 (14.04%) Analytics
11 8 (14.04%) AOP
11 8 (14.04%) Microsoft
12 7 (12.28%) SQL
12 7 (12.28%) ITIL

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 (3.51%) SharePoint
2 1 (1.75%) CMS
2 1 (1.75%) Exchange Server 2010
2 1 (1.75%) IIS
2 1 (1.75%) MS Exchange
2 1 (1.75%) SAS
2 1 (1.75%) Skype for Business
Applications
1 4 (7.02%) Microsoft Excel
2 2 (3.51%) Microsoft Office
Business Applications
1 3 (5.26%) Cloudability
2 1 (1.75%) Loan IQ
2 1 (1.75%) Oracle Payables
2 1 (1.75%) Oracle Procure-to-Pay
Cloud Services
1 17 (29.82%) AWS
2 10 (17.54%) Azure
3 9 (15.79%) AWS CloudFormation
4 4 (7.02%) GCP
4 4 (7.02%) Microsoft 365
5 2 (3.51%) Amazon SQS
5 2 (3.51%) GitHub
5 2 (3.51%) Power Platform
6 1 (1.75%) Amazon EC2
6 1 (1.75%) Amazon S3
6 1 (1.75%) Cloud Computing
6 1 (1.75%) Power Automate
6 1 (1.75%) PowerApps
6 1 (1.75%) Salesforce Sales Cloud
6 1 (1.75%) SuccessFactors
Communications & Networking
1 4 (7.02%) DHCP
1 4 (7.02%) DNS
1 4 (7.02%) Skype
2 3 (5.26%) Unified Communications
2 3 (5.26%) WebEx
3 2 (3.51%) WAN
4 1 (1.75%) Fibre Channel
4 1 (1.75%) Firewall
4 1 (1.75%) FIX Connectivity
4 1 (1.75%) HTTP
4 1 (1.75%) LAN
4 1 (1.75%) TCP/IP
4 1 (1.75%) VoIP
4 1 (1.75%) Wireless
4 1 (1.75%) WLAN
Database & Business Intelligence
1 4 (7.02%) Data Warehouse
2 3 (5.26%) MS Access
2 3 (5.26%) Oracle Database
2 3 (5.26%) Oracle Database 10g
2 3 (5.26%) Oracle Database 11g
2 3 (5.26%) Oracle Database 12c
3 2 (3.51%) BigQuery
3 2 (3.51%) Bigtable
4 1 (1.75%) DB2
4 1 (1.75%) Power BI
4 1 (1.75%) Tableau
Development Applications
1 11 (19.30%) Git (software)
2 9 (15.79%) Subversion
3 2 (3.51%) Jenkins
4 1 (1.75%) Eclipse
4 1 (1.75%) Gradle
4 1 (1.75%) IntelliJ
4 1 (1.75%) Maven
General
1 57 (100.00%) Finance
2 21 (36.84%) Social Skills
3 20 (35.09%) Banking
4 17 (29.82%) Legal
5 11 (19.30%) Analytical Skills
6 6 (10.53%) Front Office
7 4 (7.02%) Investment Banking
7 4 (7.02%) Retail
8 3 (5.26%) Billing
9 1 (1.75%) Documentation Skills
9 1 (1.75%) Manufacturing
9 1 (1.75%) Prime Brokerage
Job Titles
1 16 (28.07%) Architect
2 11 (19.30%) Analyst
3 8 (14.04%) Business Analyst
3 8 (14.04%) Developer
4 5 (8.77%) Project Manager
5 4 (7.02%) AWS Architect
5 4 (7.02%) Banking Analyst
5 4 (7.02%) Banking Business Analyst
5 4 (7.02%) Banking Project Manager
5 4 (7.02%) Cloud Architect
5 4 (7.02%) Consultant
5 4 (7.02%) IT Manager
5 4 (7.02%) IT Project Manager
5 4 (7.02%) Platform Architect
6 3 (5.26%) Administrator
6 3 (5.26%) Avaya Administrator
6 3 (5.26%) Azure Architect
6 3 (5.26%) Risk Manager
6 3 (5.26%) Risk Project Manager
6 3 (5.26%) Senior IT Project Manager
Libraries, Frameworks & Software Standards
1 7 (12.28%) Node.js
2 3 (5.26%) Kafka
3 2 (3.51%) Middleware
4 1 (1.75%) .NET
4 1 (1.75%) AngularJS
4 1 (1.75%) Apache Camel
4 1 (1.75%) CSS
4 1 (1.75%) FIX Protocol
4 1 (1.75%) HTML
4 1 (1.75%) JSON
4 1 (1.75%) REST
4 1 (1.75%) RESTful
4 1 (1.75%) Spring
4 1 (1.75%) Web Services
4 1 (1.75%) XML
Miscellaneous
1 16 (28.07%) Hedge funds
2 11 (19.30%) Cloud Native
3 5 (8.77%) Credit Risk
3 5 (8.77%) Derivative
3 5 (8.77%) Enterprise Cloud
4 4 (7.02%) Fixed Income
4 4 (7.02%) PMI
5 3 (5.26%) CMDB
5 3 (5.26%) Data Structures
5 3 (5.26%) Equities
5 3 (5.26%) Management Information System
5 3 (5.26%) Public Cloud
6 2 (3.51%) Foreign Exchange (FX)
6 2 (3.51%) Market Risk
6 2 (3.51%) Reference Data
7 1 (1.75%) Credit Derivative
7 1 (1.75%) Mainframe
7 1 (1.75%) Symmetrix
7 1 (1.75%) Video Conferencing
7 1 (1.75%) VWAP
Operating Systems
1 4 (7.02%) Windows
2 3 (5.26%) Unix
2 3 (5.26%) Windows Server
3 1 (1.75%) Linux
3 1 (1.75%) Windows 10
3 1 (1.75%) Windows Server 2003
3 1 (1.75%) Windows Server 2008
3 1 (1.75%) Windows Server 2012
3 1 (1.75%) Windows Server 2016
Processes & Methodologies
1 16 (28.07%) Data Protection
2 13 (22.81%) Agile Software Development
2 13 (22.81%) DevOps
3 11 (19.30%) Microservices
3 11 (19.30%) Project Management
4 10 (17.54%) User Stories
5 9 (15.79%) Deployment Automation
5 9 (15.79%) Infrastructure as Code
6 8 (14.04%) Analytics
6 8 (14.04%) AOP
7 7 (12.28%) ITIL
7 7 (12.28%) Stakeholder Management
8 6 (10.53%) Problem-Solving
8 6 (10.53%) Risk Management
9 5 (8.77%) Asset Management
9 5 (8.77%) Business Intelligence
9 5 (8.77%) Data Analysis
9 5 (8.77%) Decision-Making
9 5 (8.77%) Kalman Filter
9 5 (8.77%) PRINCE2
Programming Languages
1 14 (24.56%) Python
2 10 (17.54%) Java
3 7 (12.28%) SQL
4 4 (7.02%) C#
4 4 (7.02%) PowerShell
5 2 (3.51%) C++
5 2 (3.51%) JavaScript
6 1 (1.75%) Apex Code
6 1 (1.75%) Java 8
6 1 (1.75%) MATLAB
6 1 (1.75%) PL/1
6 1 (1.75%) SOQL
Qualifications
1 4 (7.02%) Degree
1 4 (7.02%) PMI Certification
2 1 (1.75%) CCNP
2 1 (1.75%) Cisco Certification
2 1 (1.75%) CISSP
2 1 (1.75%) Computer Science Degree
2 1 (1.75%) ITIL Certification
Quality Assurance & Compliance
1 16 (28.07%) GDPR
2 3 (5.26%) GRC
3 2 (3.51%) IFRS
4 1 (1.75%) EMIR
4 1 (1.75%) PMO
4 1 (1.75%) QA
System Software
1 11 (19.30%) Docker
2 2 (3.51%) Active Directory
3 1 (1.75%) Microsoft App-V
3 1 (1.75%) vSphere
3 1 (1.75%) XenApp
3 1 (1.75%) XenDesktop
Systems Management
1 14 (24.56%) Kubernetes
2 2 (3.51%) Microsoft Intune
2 2 (3.51%) Terraform
3 1 (1.75%) Ansible
3 1 (1.75%) Cisco CUCM
3 1 (1.75%) Nessus
3 1 (1.75%) SCCM
3 1 (1.75%) SCOM
3 1 (1.75%) Symantec Enterprise Vault
Vendors
1 8 (14.04%) Microsoft
2 5 (8.77%) Oracle
3 4 (7.02%) Cisco
3 4 (7.02%) Google
4 3 (5.26%) Avaya
4 3 (5.26%) Delphix
4 3 (5.26%) ServiceNow
4 3 (5.26%) Speakerbus
5 2 (3.51%) Citrix
5 2 (3.51%) IBM
5 2 (3.51%) Symantec
5 2 (3.51%) VMware
6 1 (1.75%) Casewise
6 1 (1.75%) EMC
6 1 (1.75%) Infoblox
6 1 (1.75%) ION Trading
6 1 (1.75%) Proofpoint
6 1 (1.75%) Qualtrics
6 1 (1.75%) SAP
6 1 (1.75%) Splunk