Period
to 22 July 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 22 July 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
22 Jul 2019
Same period 2018 Same period 2017
Rank 147 121 137
Rank change year-on-year -26 +16 -43
Contract jobs citing Financial Institution 101 146 107
As % of all contract IT jobs advertised in the City of London 1.53% 2.08% 1.65%
As % of the General category 3.17% 3.97% 3.04%
Number of daily rates quoted 79 59 47
City of London median daily rate £550 £488 £550
Median daily rate % change year-on-year +12.82% -11.36% +10.00%
10th Percentile £362 £363 £439
90th Percentile £713 £698 £655
Central London median daily rate £550 £481 £550
% change year-on-year +14.29% -12.50% +10.00%
Number of hourly rates quoted 0 8 1
City of London median hourly rate - £21.50 £23.00
Median hourly rate % change year-on-year - -6.52% -
Central London median hourly rate - £21.50 £23.00
% change year-on-year - -6.52% -

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 3,186 3,680 3,514
As % of all contract IT jobs advertised in the City of London 48.20% 52.41% 54.07%
Number of daily rates quoted 2,404 2,868 2,772
City of London median daily rate £525 £525 £521
Median daily rate % change year-on-year - +0.77% +4.20%
10th Percentile £338 £325 £325
90th Percentile £688 £713 £678
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 31 45 40
City of London median hourly rate £21.00 £19.50 £16.50
Median hourly rate % change year-on-year +7.69% +18.18% -15.35%
10th Percentile £11.25 £13.00 £12.52
90th Percentile £107.50 £25.30 £30.50
Central London median hourly rate £21.00 £19.50 £17.25
% change year-on-year +7.69% +13.04% -13.75%

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 July 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

For the 6 months to 22 July 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.

1 101 (100.00%) Finance
2 31 (30.69%) Hedge funds
3 27 (26.73%) Banking
4 26 (25.74%) Agile Software Development
5 21 (20.79%) SQL
6 17 (16.83%) C#
6 17 (16.83%) Project Management
7 16 (15.84%) Python
8 15 (14.85%) Java
8 15 (14.85%) Migration
8 15 (14.85%) Back Office
9 14 (13.86%) Middleware
9 14 (13.86%) WAN
10 13 (12.87%) Risk Management
11 12 (11.88%) Windows
12 11 (10.89%) SQL Server
12 11 (10.89%) LAN
12 11 (10.89%) Cisco
12 11 (10.89%) Retail
12 11 (10.89%) Equities
12 11 (10.89%) Analytical Skills
13 10 (9.90%) SQL Server Reporting Services
13 10 (9.90%) SQL Server Integration Services
13 10 (9.90%) Data Protection Act
13 10 (9.90%) Data Protection
13 10 (9.90%) .NET
14 9 (8.91%) PRINCE2
14 9 (8.91%) Microsoft
14 9 (8.91%) Firewall
14 9 (8.91%) QA

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 (1.98%) MS Project Server
1 2 (1.98%) SAS
2 1 (0.99%) Exchange Server 2013
2 1 (0.99%) MS Exchange
Applications
1 5 (4.95%) Microsoft Excel
1 5 (4.95%) Microsoft Office
2 4 (3.96%) Microsoft Project
3 2 (1.98%) Microsoft PowerPoint
3 2 (1.98%) MS Visio
3 2 (1.98%) Spreadsheet
Business Applications
1 5 (4.95%) Actimize
2 2 (1.98%) Oracle Financials
2 2 (1.98%) PeopleSoft Financials
3 1 (0.99%) RMDS
Cloud Services
1 8 (7.92%) Amazon AWS
1 8 (7.92%) Office 365
2 7 (6.93%) Power Platform
3 6 (5.94%) Microsoft Azure
4 4 (3.96%) AWS CloudFormation
5 3 (2.97%) Amazon EC2
5 3 (2.97%) Amazon ECS
5 3 (2.97%) Amazon ELB
5 3 (2.97%) Amazon S3
5 3 (2.97%) AWS Elastic Beanstalk
5 3 (2.97%) AWS OpsWorks
6 2 (1.98%) Serverless
7 1 (0.99%) Amazon ElastiCache
7 1 (0.99%) AWS Lambda
7 1 (0.99%) Azure Active Directory
7 1 (0.99%) Mimecast
7 1 (0.99%) OpenShift
7 1 (0.99%) PaaS
Communications & Networking
1 14 (13.86%) WAN
2 11 (10.89%) LAN
3 9 (8.91%) Firewall
4 5 (4.95%) VPN
5 4 (3.96%) BGP
5 4 (3.96%) Unified Communications
6 3 (2.97%) MPLS
6 3 (2.97%) SAN
6 3 (2.97%) TCP/IP
7 2 (1.98%) Cisco IOS
7 2 (1.98%) Cisco ISE
7 2 (1.98%) Cisco Nexus
7 2 (1.98%) Internet
7 2 (1.98%) Multicast
7 2 (1.98%) OSPF
8 1 (0.99%) Cisco PIX
8 1 (0.99%) Extranet
8 1 (0.99%) IOS XR
8 1 (0.99%) NAS
8 1 (0.99%) VPLS
Database & Business Intelligence
1 11 (10.89%) SQL Server
2 10 (9.90%) SQL Server Integration Services
2 10 (9.90%) SQL Server Reporting Services
3 7 (6.93%) Power BI
4 6 (5.94%) Big Data
5 2 (1.98%) MySQL
5 2 (1.98%) SQL Server 2005
5 2 (1.98%) SQL Server 2008
5 2 (1.98%) SQL Server 2012
5 2 (1.98%) SQL Server 2014
5 2 (1.98%) SQL Server 2016
5 2 (1.98%) SQL Server 2017
5 2 (1.98%) SQL Server Analysis Services
6 1 (0.99%) Amazon DynamoDB
6 1 (0.99%) BusinessObjects
6 1 (0.99%) Data Warehouse
6 1 (0.99%) Hadoop
6 1 (0.99%) MongoDB
6 1 (0.99%) QlikView
6 1 (0.99%) Redis
Development Applications
1 7 (6.93%) JIRA
2 6 (5.94%) Cucumber
2 6 (5.94%) Selenium
2 6 (5.94%) Team Foundation Server
3 5 (4.95%) Jenkins
4 4 (3.96%) Git (software)
5 3 (2.97%) Octopus Deploy
5 3 (2.97%) TeamCity
6 1 (0.99%) Atlassian Bamboo
6 1 (0.99%) GitLab
6 1 (0.99%) Gradle
6 1 (0.99%) NUnit
6 1 (0.99%) RStudio
6 1 (0.99%) SoapUI
6 1 (0.99%) SonarQube
6 1 (0.99%) Sonatype Nexus
6 1 (0.99%) SpecFlow
6 1 (0.99%) Visual Studio Team System
6 1 (0.99%) Zephyr
General
1 101 (100.00%) Finance
2 27 (26.73%) Banking
3 15 (14.85%) Back Office
4 11 (10.89%) Retail
5 8 (7.92%) Front Office
6 3 (2.97%) Telecoms
7 2 (1.98%) Retail Banking
8 1 (0.99%) Investment Banking
Job Titles
1 28 (27.72%) Developer
2 15 (14.85%) Project Manager
3 13 (12.87%) Analyst
4 11 (10.89%) Consultant
5 9 (8.91%) C# Developer
5 9 (8.91%) Java Developer
6 8 (7.92%) SQL Developer
6 8 (7.92%) SSIS Developer
7 7 (6.93%) Business Analyst
8 6 (5.94%) Design Engineer
8 6 (5.94%) Network Engineer
9 5 (4.95%) .NET Developer
9 5 (4.95%) Fraud Analyst
9 5 (4.95%) Fraud Business Analyst
9 5 (4.95%) Front Office Developer
9 5 (4.95%) Implementation Analyst
9 5 (4.95%) Implementation Consultant
9 5 (4.95%) Systems Analyst
9 5 (4.95%) Tester
9 5 (4.95%) VB.NET Developer
Libraries, Frameworks & Software Standards
1 14 (13.86%) Middleware
2 10 (9.90%) .NET
3 8 (7.92%) Web Services
4 7 (6.93%) Hibernate
4 7 (6.93%) RESTful
4 7 (6.93%) Spring
5 6 (5.94%) AngularJS
5 6 (5.94%) SOAP
6 5 (4.95%) ASP.NET Web Forms
6 5 (4.95%) REST
6 5 (4.95%) Spring Boot
6 5 (4.95%) XML
7 3 (2.97%) Flask
7 3 (2.97%) React
7 3 (2.97%) Vue.js
7 3 (2.97%) WCF
8 2 (1.98%) EDI
9 1 (0.99%) CSS
9 1 (0.99%) Django
9 1 (0.99%) HTML
Miscellaneous
1 31 (30.69%) Hedge funds
2 11 (10.89%) Analytical Skills
2 11 (10.89%) Equities
3 10 (9.90%) Data Protection Act
4 9 (8.91%) Data Centre
5 7 (6.93%) Fixed Income
6 5 (4.95%) Foreign Exchange (FX)
7 3 (2.97%) Blackberry
7 3 (2.97%) Greenfield Project
7 3 (2.97%) Handset
7 3 (2.97%) PMI
7 3 (2.97%) User Experience
7 3 (2.97%) Wiki
8 2 (1.98%) Credit Risk
8 2 (1.98%) Replication
8 2 (1.98%) Self-Motivation
9 1 (0.99%) Clustering
9 1 (0.99%) e-Health
9 1 (0.99%) Smartphone
9 1 (0.99%) Virtual Team
Operating Systems
1 12 (11.88%) Windows
2 6 (5.94%) Linux
2 6 (5.94%) Windows 10
3 5 (4.95%) Unix
4 4 (3.96%) Android
5 3 (2.97%) Windows 7
6 1 (0.99%) Apple iOS
6 1 (0.99%) Solaris
Processes & Methodologies
1 26 (25.74%) Agile Software Development
2 17 (16.83%) Project Management
3 15 (14.85%) Migration
4 13 (12.87%) Risk Management
5 10 (9.90%) Data Protection
6 9 (8.91%) BDD
6 9 (8.91%) Continuous Integration
6 9 (8.91%) PRINCE2
7 8 (7.92%) Asset Management
7 8 (7.92%) Business Intelligence
7 8 (7.92%) Network Design
7 8 (7.92%) SDLC
8 7 (6.93%) DevOps
8 7 (6.93%) Integration Testing
8 7 (6.93%) Time Management
9 6 (5.94%) Analytics
9 6 (5.94%) API Testing
9 6 (5.94%) Data Migration
9 6 (5.94%) Test Scripting
9 6 (5.94%) Use Case
Programming Languages
1 21 (20.79%) SQL
2 17 (16.83%) C#
3 16 (15.84%) Python
4 15 (14.85%) Java
5 8 (7.92%) Java 8
6 6 (5.94%) T-SQL
7 5 (4.95%) JavaScript
7 5 (4.95%) Scala
7 5 (4.95%) VB.NET
7 5 (4.95%) VBA
8 4 (3.96%) PowerShell
9 3 (2.97%) Bash Shell
9 3 (2.97%) R
10 2 (1.98%) PL/SQL
10 2 (1.98%) Shell Script
11 1 (0.99%) C++
11 1 (0.99%) TypeScript
Qualifications
1 9 (8.91%) Degree
2 7 (6.93%) Cisco Certification
3 5 (4.95%) PMI Certification
4 4 (3.96%) CCNA
4 4 (3.96%) CCNP
5 3 (2.97%) CCIE
5 3 (2.97%) Numerate Degree
6 2 (1.98%) PMP
7 1 (0.99%) CEH
7 1 (0.99%) CISSP
7 1 (0.99%) ITIL Certification
7 1 (0.99%) PRINCE2 Certification
7 1 (0.99%) SAFe Agilist
Quality Assurance & Compliance
1 9 (8.91%) QA
2 6 (5.94%) PSD2
3 5 (4.95%) SEPA
4 4 (3.96%) MiFID
5 1 (0.99%) PMO
System Software
1 5 (4.95%) Docker
2 4 (3.96%) Active Directory
3 3 (2.97%) Virtual Desktop
Systems Management
1 5 (4.95%) HP Quality Center
2 4 (3.96%) Kubernetes
3 3 (2.97%) Ansible
3 3 (2.97%) Terraform
4 2 (1.98%) Opscode Chef
4 2 (1.98%) Puppet
4 2 (1.98%) SCCM
5 1 (0.99%) Automic
5 1 (0.99%) Nagios
5 1 (0.99%) Netcool
5 1 (0.99%) OMEGAMON
5 1 (0.99%) Salt
5 1 (0.99%) SCOM
5 1 (0.99%) Tivoli
5 1 (0.99%) WSUS
Vendors
1 11 (10.89%) Cisco
2 9 (8.91%) Microsoft
3 7 (6.93%) CheckPoint
4 5 (4.95%) HP
5 4 (3.96%) Juniper
5 4 (3.96%) Palo Alto
6 3 (2.97%) Apple
6 3 (2.97%) Citrix
6 3 (2.97%) Oracle
6 3 (2.97%) Reuters
6 3 (2.97%) SAP
6 3 (2.97%) ServiceNow
6 3 (2.97%) Splunk
7 2 (1.98%) Intel
7 2 (1.98%) PeopleSoft
7 2 (1.98%) SEEBURGER
7 2 (1.98%) SevOne
8 1 (0.99%) BISAM
8 1 (0.99%) FireEye
8 1 (0.99%) Tableau