Period
to 1 April 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 1 April 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
1 Apr 2020
Same period 2019 Same period 2018
Rank 138 165 134
Rank change year-on-year +27 -31 -8
Contract jobs citing Financial Institution 42 92 129
As % of all contract jobs advertised in the City of London 1.00% 1.36% 1.81%
As % of the General category 2.22% 2.59% 3.28%
Number of daily rates quoted 30 61 54
Median daily rate £550 £550 £575
Median daily rate % change year-on-year - -4.35% +9.52%
10th Percentile £383 £400 £460
90th Percentile £739 £738 £743
Central London median daily rate £500 £550 £550
% change year-on-year -9.09% - +4.76%
Number of hourly rates quoted 4 3 7
Median hourly rate £35.00 £18.70 £21.50
Median hourly rate % change year-on-year +87.17% -13.02% -6.52%
Central London median hourly rate £35.00 £18.70 £21.50
% change year-on-year +87.17% -13.02% -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 1,891 3,552 3,937
As % of all contract IT jobs advertised in the City of London 44.81% 52.64% 55.37%
Number of daily rates quoted 1,373 2,689 3,106
Median daily rate £525 £525 £525
10th Percentile £306 £313 £325
90th Percentile £700 £688 £713
Central London median daily rate £510 £525 £525
% change year-on-year -2.86% - +5.00%
Number of hourly rates quoted 46 28 52
Median hourly rate £27.09 £21.00 £21.11
Median hourly rate % change year-on-year +28.99% -0.53% +2.89%
10th Percentile £12.42 £12.76 £11.87
90th Percentile £38.75 £48.11 £38.50
Median hourly rate £28.00 £20.00 £21.23
% change year-on-year +40.00% -5.77% +3.44%

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 1 April 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
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 1 April 2020. 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 - 1 - -
Financial Institution
Central London

For the 6 months to 1 April 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 42 (100.00%) Finance
2 15 (35.71%) Java
3 12 (28.57%) Python
3 12 (28.57%) Front Office
4 10 (23.81%) Windows
5 9 (21.43%) Derivative
6 7 (16.67%) Agile Software Development
7 6 (14.29%) Fixed Income
7 6 (14.29%) Jenkins
7 6 (14.29%) DevOps
7 6 (14.29%) Kubernetes
7 6 (14.29%) Terraform
7 6 (14.29%) Problem-Solving
8 5 (11.90%) Windows 10
8 5 (11.90%) Ansible
8 5 (11.90%) Computer Science
8 5 (11.90%) PowerShell
8 5 (11.90%) Spring
8 5 (11.90%) Business Analysis
8 5 (11.90%) Microsoft
8 5 (11.90%) SQL
9 4 (9.52%) Linux
9 4 (9.52%) Citrix
9 4 (9.52%) Banking
9 4 (9.52%) Asset Management
9 4 (9.52%) Equities
9 4 (9.52%) VMware
9 4 (9.52%) VMware Infrastructure
9 4 (9.52%) JIRA
10 3 (7.14%) Degree

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 (2.38%) MS Exchange
1 1 (2.38%) SharePoint
Applications
1 3 (7.14%) Microsoft Excel
2 2 (4.76%) MS Visio
3 1 (2.38%) Microsoft Office
3 1 (2.38%) Microsoft PowerPoint
Business Applications
1 2 (4.76%) Loan IQ
2 1 (2.38%) Front Arena
2 1 (2.38%) Global One
2 1 (2.38%) SimCorp Dimension
2 1 (2.38%) Temenos T24
Cloud Services
1 3 (7.14%) Office 365
2 2 (4.76%) Azure
3 1 (2.38%) Power Platform
Communications & Networking
1 2 (4.76%) SAN
2 1 (2.38%) FTP
2 1 (2.38%) HTTP
2 1 (2.38%) WAN
Database & Business Intelligence
1 3 (7.14%) SQL Server
2 2 (4.76%) Azure SQL Data Warehouse
2 2 (4.76%) Data Warehouse
3 1 (2.38%) Big Data
3 1 (2.38%) Hadoop
3 1 (2.38%) HBase
3 1 (2.38%) MongoDB
3 1 (2.38%) MySQL
3 1 (2.38%) NoSQL
3 1 (2.38%) PostgreSQL
3 1 (2.38%) Power BI
3 1 (2.38%) Relational Database
Development Applications
1 6 (14.29%) Jenkins
2 4 (9.52%) JIRA
3 3 (7.14%) TeamCity
3 3 (7.14%) Visual Studio
4 2 (4.76%) InstallShield
4 2 (4.76%) MSI
4 2 (4.76%) WinDbg
5 1 (2.38%) CMake
5 1 (2.38%) Git (software)
5 1 (2.38%) JUnit
5 1 (2.38%) LSMW
5 1 (2.38%) Maven
General
1 42 (100.00%) Finance
2 12 (28.57%) Front Office
3 4 (9.52%) Banking
4 3 (7.14%) Retail
5 2 (4.76%) Back Office
5 2 (4.76%) French Language
5 2 (4.76%) General Ledger
6 1 (2.38%) Billing
6 1 (2.38%) Legal
Job Titles
1 15 (35.71%) Developer
2 10 (23.81%) Analyst
3 7 (16.67%) Java Developer
4 5 (11.90%) AWS DevOps
4 5 (11.90%) AWS DevOps Engineer
4 5 (11.90%) AWS Engineer
4 5 (11.90%) Business Analyst
4 5 (11.90%) DevOps Engineer
5 3 (7.14%) C++ Developer
5 3 (7.14%) Project Manager
6 2 (4.76%) Data Business Analyst
6 2 (4.76%) Data Warehouse Business Analyst
6 2 (4.76%) Front Office Business Analyst
6 2 (4.76%) Implementation Manager
6 2 (4.76%) IT Manager
6 2 (4.76%) IT Project Manager
6 2 (4.76%) Senior C++ Developer
6 2 (4.76%) Senior Developer
6 2 (4.76%) Support Analyst
6 2 (4.76%) Technical Manager
Libraries, Frameworks & Software Standards
1 5 (11.90%) Spring
2 2 (4.76%) AngularJS
2 2 (4.76%) XML
3 1 (2.38%) .NET
3 1 (2.38%) .NET Framework
3 1 (2.38%) BAPI
3 1 (2.38%) Django
3 1 (2.38%) FIXML
3 1 (2.38%) Flask
3 1 (2.38%) HTML
3 1 (2.38%) J2EE
3 1 (2.38%) JMX
3 1 (2.38%) React
3 1 (2.38%) RESTful
3 1 (2.38%) SAP Smart Forms
3 1 (2.38%) Web Dynpro
3 1 (2.38%) XSLT
Miscellaneous
1 9 (21.43%) Derivative
2 6 (14.29%) Fixed Income
3 4 (9.52%) Equities
4 3 (7.14%) Foreign Exchange (FX)
5 2 (4.76%) Blackberry
6 1 (2.38%) Algorithms
6 1 (2.38%) Credit Risk
6 1 (2.38%) Data Structures
6 1 (2.38%) Greenfield Project
6 1 (2.38%) Grid Computing
6 1 (2.38%) Hedge funds
6 1 (2.38%) iPhone
6 1 (2.38%) Management Information System
6 1 (2.38%) Market Risk
6 1 (2.38%) OTC Derivatives
6 1 (2.38%) Self-Motivation
6 1 (2.38%) Video Conferencing
Operating Systems
1 10 (23.81%) Windows
2 5 (11.90%) Windows 10
3 4 (9.52%) Linux
4 2 (4.76%) Mac OS
4 2 (4.76%) Unix
5 1 (2.38%) Windows 7
5 1 (2.38%) Windows Server
Processes & Methodologies
1 7 (16.67%) Agile Software Development
2 6 (14.29%) DevOps
2 6 (14.29%) Problem-Solving
3 5 (11.90%) Business Analysis
3 5 (11.90%) Computer Science
4 4 (9.52%) Asset Management
5 3 (7.14%) Analytics
5 3 (7.14%) Data Analysis
5 3 (7.14%) Data Modelling
5 3 (7.14%) Electronic Trading
5 3 (7.14%) Migration
5 3 (7.14%) Multithreading
5 3 (7.14%) Project Management
5 3 (7.14%) Software Engineering
5 3 (7.14%) TDD
5 3 (7.14%) User Acceptance Testing
6 2 (4.76%) Continuous Integration
6 2 (4.76%) E-Discovery
6 2 (4.76%) Process Improvement
6 2 (4.76%) Project Governance
Programming Languages
1 15 (35.71%) Java
2 12 (28.57%) Python
3 5 (11.90%) PowerShell
3 5 (11.90%) SQL
4 3 (7.14%) C++
4 3 (7.14%) Go
5 2 (4.76%) VBScript
6 1 (2.38%) ABAP
6 1 (2.38%) C
6 1 (2.38%) C#
6 1 (2.38%) F#
6 1 (2.38%) JavaScript
6 1 (2.38%) R
6 1 (2.38%) SAPscript
6 1 (2.38%) VBA
Qualifications
1 3 (7.14%) Degree
2 2 (4.76%) PRINCE2 Certification
3 1 (2.38%) Computer Science Degree
3 1 (2.38%) Master's Degree
Quality Assurance & Compliance
1 2 (4.76%) PSD2
System Software
1 4 (9.52%) VMware Infrastructure
2 3 (7.14%) Active Directory
3 2 (4.76%) DFS Replication
3 2 (4.76%) Microsoft App-V
3 2 (4.76%) Xen
3 2 (4.76%) XenApp
3 2 (4.76%) XenDesktop
Systems Management
1 6 (14.29%) Kubernetes
1 6 (14.29%) Terraform
2 5 (11.90%) Ansible
3 3 (7.14%) SCCM
4 2 (4.76%) Jamf Pro
4 2 (4.76%) NetBackup
4 2 (4.76%) Perfmon
4 2 (4.76%) SCOM
4 2 (4.76%) Tivoli Storage Manager
4 2 (4.76%) vRealize
4 2 (4.76%) WSUS
4 2 (4.76%) XenMobile
5 1 (2.38%) ITRS Geneos
Vendors
1 5 (11.90%) Microsoft
2 4 (9.52%) Citrix
2 4 (9.52%) VMware
3 3 (7.14%) Splunk
4 2 (4.76%) Brocade
4 2 (4.76%) Cisco
4 2 (4.76%) HP
4 2 (4.76%) IBM
4 2 (4.76%) Ivanti
4 2 (4.76%) Lumension
4 2 (4.76%) McAfee
4 2 (4.76%) Oracle
4 2 (4.76%) Tableau
4 2 (4.76%) Veeam
5 1 (2.38%) Apple
5 1 (2.38%) jBASE
5 1 (2.38%) SAP
5 1 (2.38%) SimCorp
5 1 (2.38%) Temenos