Period
to 8 August 2020

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 8 August 2020 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
8 Aug 2020
Same period 2019 Same period 2018
Rank 106 142 120
Rank change year-on-year +36 -22 +10
Contract jobs citing Financial Institution 27 100 146
As % of all contract jobs advertised in the City of London 1.21% 1.54% 2.10%
As % of the General category 2.44% 3.05% 3.92%
Number of daily rates quoted 22 82 60
Median daily rate £550 £550 £481
Median daily rate % change year-on-year - +14.29% -12.50%
10th Percentile £415 £368 £362
90th Percentile £614 £712 £693
Central London median daily rate £538 £550 £488
% change year-on-year -2.27% +12.82% -11.36%
Number of hourly rates quoted 4 0 6
Median hourly rate £28.50 - £21.50
10th Percentile £20.60 - £18.70
90th Percentile £35.00 - £21.75
Central London median hourly rate £28.50 - £21.50

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 1,108 3,281 3,721
As % of all contract IT jobs advertised in the City of London 49.73% 50.51% 53.49%
Number of daily rates quoted 755 2,507 2,884
Median daily rate £525 £525 £525
10th Percentile £313 £343 £325
90th Percentile £688 £688 £700
Central London median daily rate £513 £520 £525
% change year-on-year -1.44% -0.95% +5.00%
Number of hourly rates quoted 40 36 58
Median hourly rate £35.00 £21.00 £18.85
Median hourly rate % change year-on-year +66.67% +11.41% -8.23%
10th Percentile £12.72 £11.25 £13.24
90th Percentile £53.38 £83.75 £33.23
Median hourly rate £35.00 £21.00 £19.00
% change year-on-year +66.67% +10.53% +1.60%

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 8 August 2020.

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

Financial Institution
Hourly Rate Histogram in the City of London

Hourly rate distribution of jobs citing Financial Institution in the City of London over the 6 months to 8 August 2020.

Hourly rate histogram for Financial Institution in the City of London

For the 6 months to 8 August 2020, 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 27 (100.00%) Finance
2 12 (44.44%) Banking
3 8 (29.63%) Java
4 7 (25.93%) Front Office
5 6 (22.22%) Cisco
6 5 (18.52%) SQL
6 5 (18.52%) Python
7 4 (14.81%) Microsoft Excel
7 4 (14.81%) CCNP
7 4 (14.81%) Cisco Certification
7 4 (14.81%) Derivative
7 4 (14.81%) PowerShell
7 4 (14.81%) F5
8 3 (11.11%) Riverbed
8 3 (11.11%) Multithreading
8 3 (11.11%) Electronic Trading
8 3 (11.11%) VMware Infrastructure
8 3 (11.11%) Jenkins
8 3 (11.11%) Ansible
8 3 (11.11%) Spring
8 3 (11.11%) Firewall
8 3 (11.11%) TDD
8 3 (11.11%) Blue Coat
8 3 (11.11%) Migration
8 3 (11.11%) VMware
8 3 (11.11%) Fixed Income
8 3 (11.11%) Microsoft
8 3 (11.11%) Windows
8 3 (11.11%) VBA
8 3 (11.11%) Kubernetes

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 1 (3.70%) IIS
Applications
1 4 (14.81%) Microsoft Excel
Business Applications
1 1 (3.70%) Front Arena
Cloud Services
1 2 (7.41%) Office 365
1 2 (7.41%) Power Platform
Communications & Networking
1 3 (11.11%) Firewall
2 2 (7.41%) Cisco IOS
2 2 (7.41%) SAN
3 1 (3.70%) BGP
3 1 (3.70%) DHCP
3 1 (3.70%) DNS
3 1 (3.70%) FTP
3 1 (3.70%) LAN
3 1 (3.70%) OSPF
3 1 (3.70%) TCP/IP
3 1 (3.70%) WAN
Database & Business Intelligence
1 2 (7.41%) MongoDB
1 2 (7.41%) MS Access
1 2 (7.41%) PostgreSQL
1 2 (7.41%) Power BI
2 1 (3.70%) MySQL
2 1 (3.70%) Oracle Database
2 1 (3.70%) Oracle Reports
2 1 (3.70%) SQL Server
2 1 (3.70%) SQLPlus
Development Applications
1 3 (11.11%) Jenkins
2 1 (3.70%) Git (software)
2 1 (3.70%) JIRA
2 1 (3.70%) RStudio
2 1 (3.70%) Subversion
2 1 (3.70%) TeamCity
General
1 27 (100.00%) Finance
2 12 (44.44%) Banking
3 7 (25.93%) Front Office
4 1 (3.70%) French Language
4 1 (3.70%) International Banking
4 1 (3.70%) Investment Banking
Job Titles
1 10 (37.04%) Developer
2 4 (14.81%) Java Developer
2 4 (14.81%) Network Engineer
3 3 (11.11%) AWS DevOps
3 3 (11.11%) AWS DevOps Engineer
3 3 (11.11%) AWS Engineer
3 3 (11.11%) DevOps Engineer
4 2 (7.41%) Access Developer
4 2 (7.41%) Access VBA Developer
4 2 (7.41%) Analyst
4 2 (7.41%) C# Developer
4 2 (7.41%) Coordinator
4 2 (7.41%) Excel Developer
4 2 (7.41%) Excel VBA Developer
4 2 (7.41%) Front Office Developer
4 2 (7.41%) VBA Developer
5 1 (3.70%) Consultant
5 1 (3.70%) Junior
5 1 (3.70%) Project Manager
5 1 (3.70%) Senior Consultant
Libraries, Frameworks & Software Standards
1 3 (11.11%) Spring
2 1 (3.70%) AngularJS
2 1 (3.70%) Apache Camel
2 1 (3.70%) Django
2 1 (3.70%) Flask
2 1 (3.70%) Hibernate
2 1 (3.70%) Jest
2 1 (3.70%) Kafka
2 1 (3.70%) Middleware
2 1 (3.70%) Node.js
2 1 (3.70%) React
2 1 (3.70%) RESTful
2 1 (3.70%) Shiny
2 1 (3.70%) Swagger
Miscellaneous
1 4 (14.81%) Derivative
2 3 (11.11%) Fixed Income
3 1 (3.70%) Credit Derivative
3 1 (3.70%) Credit Risk
3 1 (3.70%) Greenfield Project
3 1 (3.70%) Hedge funds
3 1 (3.70%) Market Risk
Operating Systems
1 3 (11.11%) Windows
1 3 (11.11%) Windows 10
2 1 (3.70%) Windows 7
2 1 (3.70%) Windows Server
Processes & Methodologies
1 3 (11.11%) Concurrent Programming
1 3 (11.11%) DevOps
1 3 (11.11%) Electronic Trading
1 3 (11.11%) Issue Tracking
1 3 (11.11%) Migration
1 3 (11.11%) Multithreading
1 3 (11.11%) TDD
2 2 (7.41%) Break/Fix
2 2 (7.41%) Business Intelligence
2 2 (7.41%) Risk Management
3 1 (3.70%) Agile Software Development
3 1 (3.70%) Data Science
3 1 (3.70%) ETL
3 1 (3.70%) KYC
3 1 (3.70%) Line Management
3 1 (3.70%) OO
3 1 (3.70%) Project Management
3 1 (3.70%) Project Roadmap
3 1 (3.70%) Service Management
3 1 (3.70%) Stakeholder Management
Programming Languages
1 8 (29.63%) Java
2 5 (18.52%) Python
2 5 (18.52%) SQL
3 4 (14.81%) PowerShell
4 3 (11.11%) VBA
5 2 (7.41%) C#
6 1 (3.70%) Go
6 1 (3.70%) Java 8
6 1 (3.70%) JavaScript
6 1 (3.70%) PL/SQL
6 1 (3.70%) R
6 1 (3.70%) TypeScript
6 1 (3.70%) VBScript
Qualifications
1 4 (14.81%) CCNP
1 4 (14.81%) Cisco Certification
2 2 (7.41%) Degree
3 1 (3.70%) CCIE
3 1 (3.70%) PMI Certification
3 1 (3.70%) PMP
Quality Assurance & Compliance
1 1 (3.70%) PMO
1 1 (3.70%) PSD2
1 1 (3.70%) QA
System Software
1 3 (11.11%) VMware Infrastructure
2 1 (3.70%) Active Directory
Systems Management
1 3 (11.11%) Ansible
1 3 (11.11%) Kubernetes
1 3 (11.11%) Terraform
2 2 (7.41%) NetBackup
2 2 (7.41%) Tivoli Storage Manager
2 2 (7.41%) vRealize
3 1 (3.70%) Control-M
3 1 (3.70%) SCCM
3 1 (3.70%) Tivoli
Vendors
1 6 (22.22%) Cisco
2 4 (14.81%) F5
3 3 (11.11%) Blue Coat
3 3 (11.11%) Microsoft
3 3 (11.11%) Riverbed
3 3 (11.11%) VMware
4 2 (7.41%) Bloomberg
4 2 (7.41%) Brocade
4 2 (7.41%) IBM
4 2 (7.41%) Reuters
4 2 (7.41%) Veeam
5 1 (3.70%) CheckPoint
5 1 (3.70%) Citrix
5 1 (3.70%) MuleSoft
5 1 (3.70%) Oracle
5 1 (3.70%) Palo Alto
5 1 (3.70%) Remedy
5 1 (3.70%) Splunk
5 1 (3.70%) Sybase
5 1 (3.70%) Tableau