Period
to 20 November 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 20 November 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
20 Nov 2019
Same period 2018 Same period 2017
Rank 150 137 117
Rank change year-on-year -13 -20 -36
Contract jobs citing Financial Institution 75 123 142
As % of all contract IT jobs advertised in the City of London 1.28% 1.74% 2.00%
As % of the General category 2.74% 3.30% 3.53%
Number of daily rates quoted 58 68 68
City of London median daily rate £550 £538 £550
Median daily rate % change year-on-year +2.33% -2.27% +15.79%
10th Percentile £294 £319 £421
90th Percentile £713 £749 £704
Central London median daily rate £550 £538 £550
% change year-on-year +2.33% -2.27% +15.79%
Number of hourly rates quoted 1 5 0
City of London median hourly rate £29.00 £18.70 -
Median hourly rate % change year-on-year +55.08% - -
Central London median hourly rate £29.00 £18.70 -
% change year-on-year +55.08% - -

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 2,733 3,727 4,026
As % of all contract IT jobs advertised in the City of London 46.49% 52.81% 56.78%
Number of daily rates quoted 2,078 2,888 3,237
City of London median daily rate £525 £525 £525
10th Percentile £325 £306 £325
90th Percentile £700 £688 £700
Central London median daily rate £513 £525 £525
% change year-on-year -2.38% - +7.97%
Number of hourly rates quoted 26 59 43
City of London median hourly rate £21.00 £19.25 £21.25
Median hourly rate % change year-on-year +9.09% -9.41% +2.41%
10th Percentile £12.76 £13.31 £13.06
90th Percentile £33.25 £37.09 £34.14
Central London median hourly rate £21.00 £19.25 £21.23
% change year-on-year +9.09% -9.31% +2.29%

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 20 November 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

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 20 November 2019. 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 20 November 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 75 (100.00%) Finance
2 15 (20.00%) Front Office
2 15 (20.00%) Windows
2 15 (20.00%) Python
2 15 (20.00%) Agile Software Development
3 13 (17.33%) Banking
4 12 (16.00%) Hedge funds
4 12 (16.00%) Java
4 12 (16.00%) Project Management
4 12 (16.00%) Equities
5 11 (14.67%) Risk Management
5 11 (14.67%) Retail
5 11 (14.67%) Asset Management
6 10 (13.33%) Degree
6 10 (13.33%) JIRA
6 10 (13.33%) Office 365
6 10 (13.33%) Migration
6 10 (13.33%) Microsoft
6 10 (13.33%) SQL
6 10 (13.33%) Windows 10
7 9 (12.00%) AngularJS
7 9 (12.00%) Microsoft Excel
8 8 (10.67%) Fixed Income
8 8 (10.67%) Problem-Solving
9 7 (9.33%) Java 8
9 7 (9.33%) C#
9 7 (9.33%) Blackberry
9 7 (9.33%) Foreign Exchange (FX)
9 7 (9.33%) Middleware
9 7 (9.33%) Mathematics

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 (2.67%) Elasticsearch
1 2 (2.67%) SAS
2 1 (1.33%) MS Exchange
2 1 (1.33%) SharePoint
Applications
1 9 (12.00%) Microsoft Excel
2 4 (5.33%) Microsoft PowerPoint
3 3 (4.00%) Microsoft Office
3 3 (4.00%) MS Visio
4 2 (2.67%) Spreadsheet
5 1 (1.33%) Microsoft Project
Business Applications
1 2 (2.67%) Oracle Financials
1 2 (2.67%) PeopleSoft Financials
2 1 (1.33%) Actimize
2 1 (1.33%) Global One
2 1 (1.33%) SimCorp Dimension
Cloud Services
1 10 (13.33%) Office 365
2 5 (6.67%) AWS
2 5 (6.67%) Azure
3 4 (5.33%) Power Platform
4 2 (2.67%) AWS Lambda
4 2 (2.67%) Serverless
5 1 (1.33%) Amazon EC2
5 1 (1.33%) Amazon ElastiCache
5 1 (1.33%) Amazon S3
5 1 (1.33%) AWS CloudFormation
5 1 (1.33%) AWS Step Functions
5 1 (1.33%) OpenShift
Communications & Networking
1 3 (4.00%) Firewall
2 1 (1.33%) FTP
2 1 (1.33%) Unified Communications
2 1 (1.33%) VPN
2 1 (1.33%) WAN
Database & Business Intelligence
1 5 (6.67%) Big Data
2 4 (5.33%) Power BI
2 4 (5.33%) SQL Server
3 3 (4.00%) MySQL
4 2 (2.67%) Azure SQL Data Warehouse
4 2 (2.67%) Data Warehouse
4 2 (2.67%) NoSQL
4 2 (2.67%) Redis
4 2 (2.67%) Relational Database
5 1 (1.33%) Amazon DynamoDB
5 1 (1.33%) Amazon RDS
5 1 (1.33%) Apache Cassandra
5 1 (1.33%) CouchDB
5 1 (1.33%) Hadoop
5 1 (1.33%) HBase
5 1 (1.33%) MongoDB
Development Applications
1 10 (13.33%) JIRA
2 4 (5.33%) InstallShield
2 4 (5.33%) Jenkins
2 4 (5.33%) MSI
2 4 (5.33%) TeamCity
2 4 (5.33%) WinDbg
3 3 (4.00%) Visual Studio
4 2 (2.67%) Git (software)
4 2 (2.67%) Octopus Deploy
4 2 (2.67%) RStudio
4 2 (2.67%) SonarQube
5 1 (1.33%) Ant
5 1 (1.33%) Atlassian Bamboo
5 1 (1.33%) CMake
5 1 (1.33%) GitLab
5 1 (1.33%) Jasmine
5 1 (1.33%) Karma Test Runner
5 1 (1.33%) NUnit
5 1 (1.33%) Sonatype Nexus
5 1 (1.33%) Team Foundation Server
General
1 75 (100.00%) Finance
2 15 (20.00%) Front Office
3 13 (17.33%) Banking
4 11 (14.67%) Retail
5 5 (6.67%) Back Office
6 2 (2.67%) Law
7 1 (1.33%) Billing
7 1 (1.33%) Investment Banking
7 1 (1.33%) Retail Banking
Job Titles
1 25 (33.33%) Developer
2 17 (22.67%) Analyst
3 11 (14.67%) Java Developer
4 7 (9.33%) Project Manager
5 6 (8.00%) Business Analyst
6 5 (6.67%) Applications Developer
6 5 (6.67%) C# Developer
7 4 (5.33%) Excel Developer
7 4 (5.33%) Excel VBA Developer
7 4 (5.33%) Front Office Developer
7 4 (5.33%) Support Analyst
7 4 (5.33%) VBA Developer
8 3 (4.00%) C++ Developer
8 3 (4.00%) Consultant
9 2 (2.67%) Access Developer
9 2 (2.67%) Data Warehouse Analyst
9 2 (2.67%) Desktop Analyst
9 2 (2.67%) Desktop Support Analyst
9 2 (2.67%) Firewall Engineer
9 2 (2.67%) Technical Manager
Libraries, Frameworks & Software Standards
1 9 (12.00%) AngularJS
2 7 (9.33%) Middleware
2 7 (9.33%) Spring
3 6 (8.00%) Hibernate
4 5 (6.67%) Flask
4 5 (6.67%) React
4 5 (6.67%) Vue.js
5 4 (5.33%) Kafka
5 4 (5.33%) Web Services
6 3 (4.00%) Spring Boot
7 2 (2.67%) .NET
7 2 (2.67%) .NET Core
7 2 (2.67%) ASP.NET Web API
7 2 (2.67%) EDI
7 2 (2.67%) RESTful
7 2 (2.67%) XML
8 1 (1.33%) .NET Framework
8 1 (1.33%) Ajax
8 1 (1.33%) FIXML
8 1 (1.33%) JMX
Miscellaneous
1 12 (16.00%) Equities
1 12 (16.00%) Hedge funds
2 8 (10.67%) Fixed Income
3 7 (9.33%) Blackberry
3 7 (9.33%) Foreign Exchange (FX)
4 5 (6.67%) Derivative
4 5 (6.67%) User Experience
4 5 (6.67%) Wiki
5 4 (5.33%) Analytical Skills
6 3 (4.00%) Handset
7 2 (2.67%) Credit Risk
7 2 (2.67%) Data Centre
7 2 (2.67%) Management Information System
7 2 (2.67%) OTC Derivatives
8 1 (1.33%) Grid Computing
8 1 (1.33%) Self-Motivation
8 1 (1.33%) SWIFT
Operating Systems
1 15 (20.00%) Windows
2 10 (13.33%) Windows 10
3 6 (8.00%) Linux
4 4 (5.33%) Mac OS
4 4 (5.33%) Windows 7
5 3 (4.00%) Android
6 1 (1.33%) Unix
6 1 (1.33%) Windows Server
6 1 (1.33%) Windows Server 2008
Processes & Methodologies
1 15 (20.00%) Agile Software Development
2 12 (16.00%) Project Management
3 11 (14.67%) Asset Management
3 11 (14.67%) Risk Management
4 10 (13.33%) Migration
5 8 (10.67%) Problem-Solving
6 7 (9.33%) Mathematics
7 6 (8.00%) Front End Development
7 6 (8.00%) Use Case
8 5 (6.67%) Analytics
8 5 (6.67%) Application Packaging
8 5 (6.67%) Business Intelligence
8 5 (6.67%) PRINCE
8 5 (6.67%) Product Management
8 5 (6.67%) Time Management
8 5 (6.67%) Web Development
9 4 (5.33%) ITIL
9 4 (5.33%) Scrum
9 4 (5.33%) Service Delivery
9 4 (5.33%) Service Management
Programming Languages
1 15 (20.00%) Python
2 12 (16.00%) Java
3 10 (13.33%) SQL
4 7 (9.33%) C#
4 7 (9.33%) Java 8
5 6 (8.00%) JavaScript
5 6 (8.00%) VBA
6 5 (6.67%) PowerShell
7 4 (5.33%) VBScript
8 3 (4.00%) C++
8 3 (4.00%) Scala
9 2 (2.67%) R
10 1 (1.33%) Bash Shell
10 1 (1.33%) F#
10 1 (1.33%) Go
10 1 (1.33%) TypeScript
Qualifications
1 10 (13.33%) Degree
2 5 (6.67%) Numerate Degree
3 4 (5.33%) PRINCE2 Certification
4 2 (2.67%) CCNA
4 2 (2.67%) CCNP
4 2 (2.67%) Cisco Certification
5 1 (1.33%) CEH
5 1 (1.33%) CISSP
5 1 (1.33%) PMP
Quality Assurance & Compliance
1 1 (1.33%) PMO
1 1 (1.33%) PSD2
System Software
1 6 (8.00%) Active Directory
2 4 (5.33%) DFS Replication
2 4 (5.33%) Docker
2 4 (5.33%) Microsoft App-V
2 4 (5.33%) VMware Infrastructure
2 4 (5.33%) Xen
2 4 (5.33%) XenApp
2 4 (5.33%) XenDesktop
Systems Management
1 6 (8.00%) SCCM
2 5 (6.67%) SCOM
2 5 (6.67%) WSUS
3 4 (5.33%) Jamf Pro
3 4 (5.33%) Kubernetes
3 4 (5.33%) Perfmon
3 4 (5.33%) Terraform
3 4 (5.33%) XenMobile
4 2 (2.67%) FortiGate
5 1 (1.33%) Ansible
5 1 (1.33%) ITRS Geneos
5 1 (1.33%) McAfee ePO
5 1 (1.33%) Nagios
5 1 (1.33%) Netcool
5 1 (1.33%) OMEGAMON
5 1 (1.33%) Opscode Chef
5 1 (1.33%) Puppet
5 1 (1.33%) Tivoli
Vendors
1 10 (13.33%) Microsoft
2 6 (8.00%) Citrix
3 5 (6.67%) McAfee
4 4 (5.33%) HP
4 4 (5.33%) Ivanti
4 4 (5.33%) Lumension
4 4 (5.33%) VMware
5 3 (4.00%) Apple
6 2 (2.67%) Bloomberg
6 2 (2.67%) Cisco
6 2 (2.67%) F5
6 2 (2.67%) Intel
6 2 (2.67%) Juniper
6 2 (2.67%) Oracle
6 2 (2.67%) PeopleSoft
6 2 (2.67%) Reuters
6 2 (2.67%) SAP
6 2 (2.67%) SEEBURGER
6 2 (2.67%) Sony
6 2 (2.67%) Sybase