Period
to

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 17 May 2022 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
17 May 2022
Same period 2021 Same period 2020
Rank 51 119 127
Rank change year-on-year +68 +8 +21
Contract jobs citing Financial Institution 191 39 33
As % of all contract jobs advertised in the City of London 4.55% 1.41% 0.99%
As % of the General category 7.85% 2.37% 1.75%
Number of daily rates quoted 72 21 25
10th Percentile £245 £450 £396
25th Percentile £313 £475 £414
Median daily rate (50th Percentile) £370 £600 £575
Median % change year-on-year -38.33% +4.35% +4.55%
75th Percentile £591 £650 £614
90th Percentile £649 £675 £703
Central London median daily rate £370 £600 £538
% change year-on-year -38.33% +11.63% -2.27%

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 2,432 1,647 1,883
As % of all contract IT jobs advertised in the City of London 57.92% 59.61% 56.63%
Number of daily rates quoted 1,767 1,152 1,368
10th Percentile £350 £356 £269
25th Percentile £475 £450 £413
Median daily rate (50th Percentile) £575 £550 £500
Median % change year-on-year +4.55% +10.00% -4.76%
75th Percentile £688 £650 £613
90th Percentile £777 £725 £688
Central London median daily rate £570 £550 £500
% change year-on-year +3.64% +10.00% -4.76%
Number of hourly rates quoted 28 17 40
10th Percentile £18.50 £8.00 £12.42
25th Percentile £21.00 £11.50 £12.69
Median hourly rate £42.50 £14.50 £17.85
Median % change year-on-year +193.10% -18.77% +2.12%
75th Percentile £59.50 £25.18 £31.10
90th Percentile £67.55 £32.15 £44.11
Central London median hourly rate £42.50 £17.50 £18.70
% change year-on-year +142.86% -6.42% -

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 17 May 2022.

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 17 May 2022, 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.

1 191 (100.00%) Finance
2 116 (60.73%) Legal
3 115 (60.21%) Data Protection
3 115 (60.21%) Hedge funds
3 115 (60.21%) GDPR
4 80 (41.88%) AOP
5 75 (39.27%) Social Skills
6 60 (31.41%) Agile
7 53 (27.75%) Banking
8 50 (26.18%) CI/CD
9 42 (21.99%) AWS
10 41 (21.47%) Python
11 38 (19.90%) Microsoft
12 33 (17.28%) Java
13 32 (16.75%) DevOps
14 31 (16.23%) Scrum
15 30 (15.71%) Azure
16 28 (14.66%) SQL
17 27 (14.14%) Windows
17 27 (14.14%) Migration
18 24 (12.57%) Git (software)
19 23 (12.04%) PowerShell
19 23 (12.04%) Kubernetes
19 23 (12.04%) Cisco
20 22 (11.52%) Stakeholder Management
21 21 (10.99%) Docker
21 21 (10.99%) Infrastructure as Code
21 21 (10.99%) Serverless
22 20 (10.47%) Jenkins
22 20 (10.47%) Big Data

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 12 (6.28%) Apache Spark
2 7 (3.66%) Tomcat
3 6 (3.14%) Confluence
4 5 (2.62%) WebLogic
5 4 (2.09%) Apache Pig
5 4 (2.09%) MS Exchange
6 3 (1.57%) Exchange Server 2010
6 3 (1.57%) Skype for Business
7 2 (1.05%) Elasticsearch
7 2 (1.05%) GlassFish
7 2 (1.05%) JBoss
7 2 (1.05%) SharePoint
8 1 (0.52%) Oracle Coherence
8 1 (0.52%) WebSphere
Applications
1 15 (7.85%) Microsoft Office
2 6 (3.14%) Microsoft Excel
Business Applications
1 2 (1.05%) Oracle Applications
Cloud Services
1 42 (21.99%) AWS
2 30 (15.71%) Azure
3 21 (10.99%) Serverless
4 15 (7.85%) Microsoft 365
5 11 (5.76%) Amazon EC2
5 11 (5.76%) Amazon S3
6 10 (5.24%) GCP
7 9 (4.71%) AWS Lambda
8 8 (4.19%) AWS CodeBuild
8 8 (4.19%) AWS CodePipeline
8 8 (4.19%) IaaS
8 8 (4.19%) PaaS
9 6 (3.14%) Power Platform
9 6 (3.14%) SaaS
10 5 (2.62%) Amazon SQS
10 5 (2.62%) Cloud Computing
11 4 (2.09%) Amazon ECS
11 4 (2.09%) Amazon EKS
11 4 (2.09%) Azure Synapse Analytics
11 4 (2.09%) OpenShift
Communications & Networking
1 17 (8.90%) TCP/IP
2 14 (7.33%) NX-OS
3 7 (3.66%) Firewall
4 5 (2.62%) DNS
5 4 (2.09%) DHCP
5 4 (2.09%) Network Security
6 3 (1.57%) BGP
6 3 (1.57%) OSPF
6 3 (1.57%) WAN
7 2 (1.05%) Wireless
8 1 (0.52%) VPN
Database & Business Intelligence
1 20 (10.47%) Big Data
2 17 (8.90%) Data Warehouse
3 14 (7.33%) Relational Database
4 12 (6.28%) RDBMS
5 11 (5.76%) Hadoop
5 11 (5.76%) SQL Server
6 10 (5.24%) Data Lake
7 8 (4.19%) Metadata
8 7 (3.66%) Apache Hive
8 7 (3.66%) NoSQL
9 6 (3.14%) MySQL
9 6 (3.14%) Oracle Database
9 6 (3.14%) Power BI
10 4 (2.09%) HBase
10 4 (2.09%) HDInsight
11 3 (1.57%) Oracle Database 11g
11 3 (1.57%) Oracle Database 12c
12 2 (1.05%) BigQuery
12 2 (1.05%) Bigtable
12 2 (1.05%) Hazelcast
Development Applications
1 24 (12.57%) Git (software)
2 20 (10.47%) Jenkins
3 19 (9.95%) JIRA
4 10 (5.24%) TeamCity
5 6 (3.14%) IntelliJ
6 5 (2.62%) Visual Studio
7 4 (2.09%) Eclipse
7 4 (2.09%) kappa
7 4 (2.09%) Selenium
8 3 (1.57%) Bitbucket
8 3 (1.57%) Checkstyle
8 3 (1.57%) Cucumber
8 3 (1.57%) Gradle
8 3 (1.57%) JMeter
8 3 (1.57%) JUnit
8 3 (1.57%) Maven
8 3 (1.57%) REST Assured
8 3 (1.57%) SonarQube
8 3 (1.57%) Sonatype Nexus
9 2 (1.05%) webpack
General
1 191 (100.00%) Finance
2 116 (60.73%) Legal
3 75 (39.27%) Social Skills
4 53 (27.75%) Banking
5 19 (9.95%) Analytical Skills
6 17 (8.90%) Front Office
6 17 (8.90%) Investment Banking
7 16 (8.38%) Retail
8 12 (6.28%) French Language
9 11 (5.76%) Documentation Skills
9 11 (5.76%) Presentation Skills
10 4 (2.09%) Influencing Skills
11 3 (1.57%) Back Office
11 3 (1.57%) German Language
12 2 (1.05%) Billing
12 2 (1.05%) Pharmaceutical
13 1 (0.52%) International Banking
13 1 (0.52%) Multimedia
Job Titles
1 47 (24.61%) Developer
2 21 (10.99%) Architect
3 19 (9.95%) Network Engineer
4 16 (8.38%) Analyst
5 14 (7.33%) Junior
5 14 (7.33%) Junior Network Engineer
6 13 (6.81%) Data Engineer
7 12 (6.28%) IT Engineer
7 12 (6.28%) IT Support
7 12 (6.28%) IT Support Engineer
7 12 (6.28%) Support Engineer
8 11 (5.76%) Azure Engineer
9 10 (5.24%) C# Developer
9 10 (5.24%) Cloud Engineer
10 9 (4.71%) AWS Engineer
10 9 (4.71%) Consultant
11 8 (4.19%) Java Developer
12 7 (3.66%) AWS Architect
12 7 (3.66%) DevOps Engineer
13 5 (2.62%) Cloud Architect
Libraries, Frameworks & Software Standards
1 17 (8.90%) .NET
2 16 (8.38%) AngularJS
3 15 (7.85%) HTML
3 15 (7.85%) Kafka
4 13 (6.81%) ASP.NET
5 12 (6.28%) .NET Framework
5 12 (6.28%) CSS
5 12 (6.28%) Node.js
6 11 (5.76%) HTML5
7 10 (5.24%) Spring
7 10 (5.24%) WinForms
7 10 (5.24%) WPF
8 9 (4.71%) Spring Boot
9 8 (4.19%) CSS3
10 7 (3.66%) RabbitMQ
10 7 (3.66%) React
10 7 (3.66%) REST
11 6 (3.14%) Middleware
11 6 (3.14%) Spark Streaming
12 5 (2.62%) Web Services
Miscellaneous
1 115 (60.21%) Hedge funds
2 17 (8.90%) Public Cloud
3 15 (7.85%) Self-Motivation
4 14 (7.33%) Credit Risk
5 9 (4.71%) Data Structures
6 7 (3.66%) Enterprise Software
7 5 (2.62%) Cloud Native
8 4 (2.09%) Algorithms
8 4 (2.09%) Blackberry
8 4 (2.09%) BYOD
8 4 (2.09%) Reference Data
9 3 (1.57%) Equities
9 3 (1.57%) Foreign Exchange (FX)
9 3 (1.57%) iPad
9 3 (1.57%) iPhone
9 3 (1.57%) Management Information System
9 3 (1.57%) User Experience
9 3 (1.57%) Virtual Team
10 2 (1.05%) Analytical Mindset
10 2 (1.05%) Legacy Systems
Operating Systems
1 27 (14.14%) Windows
2 17 (8.90%) Windows 7
3 15 (7.85%) Linux
4 10 (5.24%) Unix
5 6 (3.14%) Windows 10
6 3 (1.57%) Android
7 1 (0.52%) Ubuntu
7 1 (0.52%) Windows Server
7 1 (0.52%) Windows Server 2012
Processes & Methodologies
1 115 (60.21%) Data Protection
2 80 (41.88%) AOP
3 60 (31.41%) Agile
4 50 (26.18%) CI/CD
5 32 (16.75%) DevOps
6 31 (16.23%) Scrum
7 27 (14.14%) Migration
8 22 (11.52%) Stakeholder Management
9 21 (10.99%) Infrastructure as Code
10 19 (9.95%) Microservices
11 18 (9.42%) Problem-Solving
11 18 (9.42%) Service Delivery
12 17 (8.90%) Configuration Management
12 17 (8.90%) Incident Management
12 17 (8.90%) Test Automation
13 16 (8.38%) Analytics
14 14 (7.33%) Software Engineering
15 13 (6.81%) Multithreading
16 12 (6.28%) Risk Management
17 11 (5.76%) Information Security
Programming Languages
1 41 (21.47%) Python
2 33 (17.28%) Java
3 28 (14.66%) SQL
4 23 (12.04%) PowerShell
5 15 (7.85%) C#
6 13 (6.81%) C++
7 12 (6.28%) JavaScript
8 11 (5.76%) Bash
9 9 (4.71%) Scala
10 8 (4.19%) TypeScript
11 6 (3.14%) PL/SQL
12 4 (2.09%) ES6
12 4 (2.09%) Groovy
13 3 (1.57%) Shell Script
14 2 (1.05%) Apex Code
15 1 (0.52%) Data Analysis Expressions (DAX)
15 1 (0.52%) Perl
15 1 (0.52%) R
15 1 (0.52%) Ruby
15 1 (0.52%) T-SQL
Qualifications
1 8 (4.19%) AWS Certification
2 7 (3.66%) Degree
3 6 (3.14%) CCNP
3 6 (3.14%) Cisco Certification
3 6 (3.14%) Security Cleared
4 5 (2.62%) Computer Science Degree
5 4 (2.09%) RHCA
6 3 (1.57%) CCIE
6 3 (1.57%) CCNA
6 3 (1.57%) CISSP
7 2 (1.05%) CISA
7 2 (1.05%) CISM
7 2 (1.05%) Master's Degree
7 2 (1.05%) SC Cleared
8 1 (0.52%) CSPO
8 1 (0.52%) Microsoft Certification
8 1 (0.52%) Numerate Degree
8 1 (0.52%) OSCP
8 1 (0.52%) PhD
8 1 (0.52%) Sun Certification
Quality Assurance & Compliance
1 115 (60.21%) GDPR
2 8 (4.19%) QA
3 6 (3.14%) ISO/IEC 27001
3 6 (3.14%) NIST
3 6 (3.14%) PMO
4 4 (2.09%) Accessibility
4 4 (2.09%) SLA
5 3 (1.57%) COBIT
6 1 (0.52%) Basel II
6 1 (0.52%) Data Quality
System Software
1 21 (10.99%) Docker
2 10 (5.24%) Active Directory
3 4 (2.09%) Microsoft App-V
3 4 (2.09%) VMware Infrastructure
4 2 (1.05%) Virtual Machines
4 2 (1.05%) XenApp
5 1 (0.52%) Firmware
5 1 (0.52%) Hyper-V
5 1 (0.52%) Virtual Desktop
5 1 (0.52%) VMware ESXi
5 1 (0.52%) vSphere
Systems Management
1 23 (12.04%) Kubernetes
2 18 (9.42%) Terraform
3 13 (6.81%) Ansible
4 5 (2.62%) Opscode Chef
5 3 (1.57%) Control-M
6 2 (1.05%) Packer
6 2 (1.05%) SCCM
7 1 (0.52%) Ambari
7 1 (0.52%) Istio
7 1 (0.52%) McAfee ePO
7 1 (0.52%) Microsoft Intune
7 1 (0.52%) NetBackup
7 1 (0.52%) Norton AntiVirus
7 1 (0.52%) Symantec Enterprise Vault
7 1 (0.52%) vCenter Server
7 1 (0.52%) WSUS
Vendors
1 38 (19.90%) Microsoft
2 23 (12.04%) Cisco
3 17 (8.90%) F5
3 17 (8.90%) Juniper
4 16 (8.38%) Oracle
5 14 (7.33%) Arista
5 14 (7.33%) Fortinet
6 10 (5.24%) DevExpress
7 6 (3.14%) CheckPoint
7 6 (3.14%) Citrix
7 6 (3.14%) Palo Alto
8 5 (2.62%) Bloomberg
8 5 (2.62%) Reuters
9 4 (2.09%) Altiris
9 4 (2.09%) Databricks
9 4 (2.09%) Google
9 4 (2.09%) HP
9 4 (2.09%) Red Hat
9 4 (2.09%) ServiceNow
9 4 (2.09%) VMware