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 3 months to 27 June 2017 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
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 102 78 116
Rank change year-on-year -24 +38  
Contract jobs citing Financial Institution 62 91 86
As % of all contract IT jobs advertised in the City of London 1.88% 2.69% 1.50%
As % of the General category 3.47% 5.02% 2.86%
Number of daily rates quoted 28 77 67
Median daily rate £550 £550 £475
Median daily rate % change year-on-year - +15.78%  
90% offered a daily rate of more than £454 £413 £325
10% offered a daily rate of more than £658 £638 £600
UK excluding London median daily rate £475 £438 £388
% change year-on-year +8.57% +12.90%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £10.44 £10.30
% change year-on-year - +1.35%  

Financial Institution is in the common skills category. The next 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.

General Skills
City of London
Contract job vacancies with a requirement for common skills 1785 1812 3011
As % of all contract IT job vacancies advertised in the City of London 54.03% 53.50% 52.47%
Number of daily rates quoted 1412 1520 2357
Median daily rate £538 £500 £488
Median daily rate % change year-on-year +7.50% +2.56%  
90% offered a daily rate of more than £375 £325 £320
10% offered a daily rate of more than £675 £675 £625
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 13 16 41
Median hourly rate £15.00 £20.00 £21.00
Median hourly rate % change year-on-year -25.00% -4.76%  
90% offered a hourly rate of more than £13.76 £12.50 £10.50
10% offered a hourly rate of more than £21.25 £38.90 £38.14
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Financial Institution
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

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 3 months to 27 June 2017.

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

For the 6 months to 27 June 2017, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Financial Institution.

1 97 (100.00%) Finance
2 43 (44.33%) Hedge funds
3 35 (36.08%) Agile Software Development
4 29 (29.90%) Oracle
5 27 (27.84%) Stakeholder Management
6 26 (26.80%) SQL
7 21 (21.65%) AOP
8 19 (19.59%) Java
8 19 (19.59%) Microsoft
8 19 (19.59%) Project Management
8 19 (19.59%) Analytical Skills
9 18 (18.56%) Banking
10 16 (16.49%) Scrum
11 14 (14.43%) ITIL
11 14 (14.43%) Linux
12 13 (13.40%) Retail
12 13 (13.40%) QA
12 13 (13.40%) DevOps
13 12 (12.37%) Relational Database
13 12 (12.37%) SDLC
13 12 (12.37%) Asset Management
13 12 (12.37%) Microsoft Office
13 12 (12.37%) SharePoint
14 11 (11.34%) PRINCE2
15 10 (10.31%) Fixed Income
15 10 (10.31%) Workflow
15 10 (10.31%) Web Services
15 10 (10.31%) Siebel
15 10 (10.31%) EAI
15 10 (10.31%) HTTP

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 (12.37%) SharePoint
2 3 (3.09%) Oracle HTTP Server
3 2 (2.06%) CMS
4 1 (1.03%) Apache
4 1 (1.03%) Confluence
4 1 (1.03%) IIS
4 1 (1.03%) Skype for Business
4 1 (1.03%) WebSphere
Applications
1 12 (12.37%) Microsoft Office
2 9 (9.28%) Microsoft Excel
3 7 (7.22%) Microsoft PowerPoint
4 1 (1.03%) Microsoft Project
4 1 (1.03%) MS Visio
4 1 (1.03%) Spreadsheet
Business Applications
1 4 (4.12%) Dynamics CRM
1 4 (4.12%) SimCorp Dimension
2 1 (1.03%) Dynamics NAV
2 1 (1.03%) ION MarketView
2 1 (1.03%) SAP R/3
Cloud Services
1 4 (4.12%) Amazon AWS
1 4 (4.12%) Microsoft Azure
2 2 (2.06%) AWS CloudFormation
2 2 (2.06%) AWS Lambda
2 2 (2.06%) Office 365
2 2 (2.06%) OpenShift
2 2 (2.06%) PaaS
3 1 (1.03%) Cloud Computing
3 1 (1.03%) IaaS
3 1 (1.03%) SaaS
Communications & Networking
1 10 (10.31%) HTTP
2 7 (7.22%) FTP
3 4 (4.12%) Firewall
4 3 (3.09%) Internet
5 2 (2.06%) Network Security
5 2 (2.06%) SSL
6 1 (1.03%) Cisco ASA
6 1 (1.03%) Cisco IOS
6 1 (1.03%) DNS
6 1 (1.03%) Intrusion Detection
6 1 (1.03%) NX-OS
6 1 (1.03%) Skype
6 1 (1.03%) VPN
Database & Business Intelligence
1 12 (12.37%) Relational Database
2 9 (9.28%) SQL Server
3 7 (7.22%) Siebel EIM
4 5 (5.15%) Oracle Database
5 3 (3.09%) Oracle BI EE
5 3 (3.09%) Oracle Database 11g
5 3 (3.09%) Oracle Reports
6 2 (2.06%) SQL Server 2008
6 2 (2.06%) SQL Server 2012
6 2 (2.06%) SQL Server Integration Services
6 2 (2.06%) SQL Server Reporting Services
6 2 (2.06%) Squirro
7 1 (1.03%) Oracle BI Publisher
7 1 (1.03%) RDBMS
7 1 (1.03%) SQL Server 2005
Development Applications
1 9 (9.28%) Team Foundation Server
2 8 (8.25%) JIRA
2 8 (8.25%) Subversion
3 7 (7.22%) Git (software)
4 5 (5.15%) NUnit
5 4 (4.12%) ClearCase
5 4 (4.12%) CruiseControl
6 3 (3.09%) Maven
6 3 (3.09%) Sonatype Nexus
6 3 (3.09%) TeamCity
7 2 (2.06%) Jenkins
8 1 (1.03%) Moq
8 1 (1.03%) MSI
8 1 (1.03%) MSTest
8 1 (1.03%) Octopus Deploy
General
1 97 (100.00%) Finance
2 18 (18.56%) Banking
3 13 (13.40%) Retail
4 10 (10.31%) Investment Banking
5 7 (7.22%) Front Office
6 1 (1.03%) Advertising
6 1 (1.03%) Back Office
6 1 (1.03%) General Ledger
6 1 (1.03%) Mandarin Language
6 1 (1.03%) Marketing
6 1 (1.03%) Retail Banking
6 1 (1.03%) Telecoms
Job Titles
1 32 (32.99%) Developer
2 11 (11.34%) Analyst
3 9 (9.28%) Project Manager
4 7 (7.22%) Business Analyst
4 7 (7.22%) Siebel Developer
5 6 (6.19%) Administrator
5 6 (6.19%) DevOps Engineer
5 6 (6.19%) Java Developer
5 6 (6.19%) Programme Manager
5 6 (6.19%) Transformation Manager
5 6 (6.19%) Transformation Programme Manager
6 5 (5.15%) Agile Coach
6 5 (5.15%) Consultant
7 4 (4.12%) Investment Banking Project Manager
7 4 (4.12%) Linux Engineer
7 4 (4.12%) SimCorp Developer
8 3 (3.09%) Architect
8 3 (3.09%) Security Architect
9 2 (2.06%) Infrastructure Project Manager
9 2 (2.06%) Junior
Libraries, Frameworks & Software Standards
1 10 (10.31%) Web Services
2 9 (9.28%) .NET
3 7 (7.22%) XML
4 5 (5.15%) FIX Protocol
5 4 (4.12%) Spring
6 3 (3.09%) JMS
6 3 (3.09%) MAPI
6 3 (3.09%) Ultra Messaging
7 2 (2.06%) AngularJS
7 2 (2.06%) ASP.NET
7 2 (2.06%) COM
7 2 (2.06%) HTML
7 2 (2.06%) J2EE
7 2 (2.06%) Oracle Fusion
7 2 (2.06%) RESTful
8 1 (1.03%) CSS
8 1 (1.03%) JSP
8 1 (1.03%) Servlets
8 1 (1.03%) SOAP
8 1 (1.03%) XBRL
Miscellaneous
1 43 (44.33%) Hedge funds
2 19 (19.59%) Analytical Skills
3 10 (10.31%) Equities
3 10 (10.31%) Fixed Income
4 5 (5.15%) Management Information System
4 5 (5.15%) Virtual Team
5 4 (4.12%) Clustering
5 4 (4.12%) Foreign Exchange (FX)
5 4 (4.12%) Grid Computing
5 4 (4.12%) N-Tier
6 3 (3.09%) Computer Science
6 3 (3.09%) Credit Risk
6 3 (3.09%) Data Centre
7 2 (2.06%) CESG
7 2 (2.06%) Cloud Native
7 2 (2.06%) Cyberthreat
7 2 (2.06%) Fintech
7 2 (2.06%) NHS
7 2 (2.06%) Replication
7 2 (2.06%) Social Media
Operating Systems
1 14 (14.43%) Linux
2 9 (9.28%) Windows
3 7 (7.22%) Unix
4 4 (4.12%) Red Hat Enterprise Linux
5 3 (3.09%) Windows Server
6 2 (2.06%) Oracle Linux
6 2 (2.06%) Windows Server 2008
7 1 (1.03%) Android
7 1 (1.03%) Apple iOS
7 1 (1.03%) Ubuntu
7 1 (1.03%) Windows 7
7 1 (1.03%) Windows Server 2012
Processes & Methodologies
1 35 (36.08%) Agile Software Development
2 27 (27.84%) Stakeholder Management
3 21 (21.65%) AOP
4 19 (19.59%) Project Management
5 16 (16.49%) Scrum
6 14 (14.43%) ITIL
7 13 (13.40%) DevOps
8 12 (12.37%) Asset Management
8 12 (12.37%) SDLC
9 11 (11.34%) PRINCE2
10 10 (10.31%) EAI
10 10 (10.31%) Workflow
11 9 (9.28%) Service Delivery
12 8 (8.25%) Change Control
12 8 (8.25%) Change Management
12 8 (8.25%) Information Security
13 7 (7.22%) Software Delivery
13 7 (7.22%) Software Testing
13 7 (7.22%) Stakeholder Engagement
13 7 (7.22%) Systems Analysis
Programming Languages
1 26 (26.80%) SQL
2 19 (19.59%) Java
3 7 (7.22%) Bash Shell
3 7 (7.22%) Perl
3 7 (7.22%) STATISTICA Visual Basic
4 6 (6.19%) Python
5 4 (4.12%) C#
6 3 (3.09%) PowerShell
7 2 (2.06%) C
7 2 (2.06%) Ruby
8 1 (1.03%) C++
8 1 (1.03%) PL/SQL
8 1 (1.03%) Shell Script
8 1 (1.03%) T-SQL
8 1 (1.03%) VB
8 1 (1.03%) VBScript
Qualifications
1 8 (8.25%) Degree
1 8 (8.25%) PRINCE2 Practitioner
2 7 (7.22%) Siebel Certification
3 4 (4.12%) CFA
4 3 (3.09%) Microsoft Certification
4 3 (3.09%) Security Cleared
5 2 (2.06%) SC Cleared
6 1 (1.03%) AWS Certification
6 1 (1.03%) CCNP
6 1 (1.03%) CISA
6 1 (1.03%) Cisco Certification
6 1 (1.03%) CISSP
6 1 (1.03%) DV Cleared
6 1 (1.03%) ISEB
6 1 (1.03%) MCSE
6 1 (1.03%) OCA
6 1 (1.03%) Oracle Certification
6 1 (1.03%) PhD
6 1 (1.03%) PRINCE2 Certification
6 1 (1.03%) RHCE
Quality Assurance & Compliance
1 13 (13.40%) QA
2 7 (7.22%) PMO
3 5 (5.15%) PCI DSS
4 3 (3.09%) ISO/IEC 27001
5 2 (2.06%) Cyber Essentials
6 1 (1.03%) Basel III
6 1 (1.03%) COBIT
6 1 (1.03%) FINREP
6 1 (1.03%) ISAE 3402
6 1 (1.03%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 1 (1.03%) ISO/IEC 27005
6 1 (1.03%) MiFID
6 1 (1.03%) SLA
System Software
1 5 (5.15%) Active Directory
2 3 (3.09%) VMware Infrastructure
3 2 (2.06%) Docker
4 1 (1.03%) GFS2
4 1 (1.03%) GlusterFS
4 1 (1.03%) Hyper-V
4 1 (1.03%) Microsoft App-V
4 1 (1.03%) OCFS2
4 1 (1.03%) Tivoli Workload Scheduler
4 1 (1.03%) XenApp
4 1 (1.03%) XenDesktop
Systems Management
1 7 (7.22%) Ansible
2 6 (6.19%) Puppet
3 2 (2.06%) SCCM
4 1 (1.03%) CA Single Sign-On
4 1 (1.03%) CFEngine
4 1 (1.03%) Failover Clustering
4 1 (1.03%) Oracle Identity Management
4 1 (1.03%) Red Hat Satellite
4 1 (1.03%) RSA Archer
4 1 (1.03%) SCOM
4 1 (1.03%) SELinux
4 1 (1.03%) Terraform
4 1 (1.03%) Tivoli
Vendors
1 29 (29.90%) Oracle
2 19 (19.59%) Microsoft
3 10 (10.31%) Siebel
4 6 (6.19%) Splunk
5 5 (5.15%) Serena
6 4 (4.12%) AppDynamics
6 4 (4.12%) Citrix
6 4 (4.12%) SimCorp
6 4 (4.12%) Sybase
6 4 (4.12%) TIBCO
7 3 (3.09%) Currenex
7 3 (3.09%) HP
7 3 (3.09%) Red Hat
7 3 (3.09%) SAP
7 3 (3.09%) ServiceNow
7 3 (3.09%) VMware
7 3 (3.09%) WorldPay
8 2 (2.06%) Remedy
8 2 (2.06%) Snow
8 2 (2.06%) Sun
City, London
ARC IT Recruitment Ltd
Rate: Circa £650 per day
Posted: 3 days ago
City, London
Haysfm
Rate: £400.00 - £450.00 per day
Posted: 4 days ago
City, London
ANSON MCCADE
Rate: £200- £250
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £500 - £700 per annum
Posted: 5 days ago
City, London
Experis Ltd
Posted: 6 days ago