Period
to 3 August 2020

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Fintech skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fintech over the 6 months to 3 August 2020 with a comparison to the same period in 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 Technology (FinTech)
Central London > City of London
6 months to
3 Aug 2020
Same period 2019 Same period 2018
Rank 75 43 62
Rank change year-on-year -32 +19 +42
Contract jobs citing Fintech 56 313 266
As % of all contract jobs advertised in the City of London 2.43% 4.76% 3.79%
As % of the Processes & Methodologies category 2.76% 5.30% 4.30%
Number of daily rates quoted 48 294 221
Median daily rate £550 £550 £525
Median daily rate % change year-on-year - +4.76% +5.00%
10th Percentile £434 £416 £400
90th Percentile £754 £688 £675
Central London median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 0 2 0
Median hourly rate - £21.00 -
Central London median hourly rate - £21.00 -

Fintech is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 2,028 5,904 6,190
As % of all contract IT jobs advertised in the City of London 87.98% 89.84% 88.11%
Number of daily rates quoted 1,416 4,605 4,887
Median daily rate £525 £525 £513
Median daily rate % change year-on-year - +2.44% +2.50%
10th Percentile £338 £350 £330
90th Percentile £675 £675 £688
Central London median daily rate £513 £525 £500
% change year-on-year -2.38% +5.00% -
Number of hourly rates quoted 45 74 106
Median hourly rate £35.00 £20.67 £18.70
Median hourly rate % change year-on-year +69.37% +10.51% -6.50%
10th Percentile £12.60 £11.25 £13.12
90th Percentile £50.60 £55.68 £33.00
Median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +0.05%

Fintech
Job Vacancy Trend in the City of London

Job postings citing Fintech as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Fintech in the City of London

Fintech
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Fintech in the City of London.

Daily rate trend for Fintech in the City of London

Fintech
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Fintech in the City of London over the 6 months to 3 August 2020.

Daily rate histogram for Fintech in the City of London

Fintech
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Fintech in the City of London.

Hourly rate trend for Fintech in the City of London

For the 6 months to 3 August 2020, IT contractor jobs citing Fintech 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 Fintech.

1 21 (37.50%) Agile Software Development
2 18 (32.14%) Kubernetes
3 16 (28.57%) DevOps
3 16 (28.57%) Java
4 14 (25.00%) Finance
5 11 (19.64%) TDD
6 10 (17.86%) Banking
7 9 (16.07%) SQL
7 9 (16.07%) Python
7 9 (16.07%) Azure
7 9 (16.07%) React
7 9 (16.07%) Terraform
7 9 (16.07%) Docker
7 9 (16.07%) Greenfield Project
8 8 (14.29%) Kotlin
8 8 (14.29%) AWS
9 7 (12.50%) JavaScript
9 7 (12.50%) Front Office
10 6 (10.71%) Fixed Income
10 6 (10.71%) Software Engineering
10 6 (10.71%) C#
10 6 (10.71%) .NET
10 6 (10.71%) Foreign Exchange (FX)
10 6 (10.71%) Test Automation
10 6 (10.71%) Microservices
11 5 (8.93%) Electronic Trading
11 5 (8.93%) Spreadsheet
11 5 (8.93%) Spring
12 4 (7.14%) Games
12 4 (7.14%) Microsoft

Fintech
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 3 (5.36%) Apache Spark
1 3 (5.36%) Confluence
2 2 (3.57%) Apache
3 1 (1.79%) Elasticsearch
3 1 (1.79%) WordPress
Applications
1 5 (8.93%) Spreadsheet
Business Applications
1 1 (1.79%) Refinitiv Enterprise Platform
Cloud Services
1 9 (16.07%) Azure
2 8 (14.29%) AWS
3 4 (7.14%) AWS Lambda
4 3 (5.36%) Amazon EC2
4 3 (5.36%) Amazon ECS
4 3 (5.36%) GCP
4 3 (5.36%) Serverless
5 2 (3.57%) Amazon CloudWatch
5 2 (3.57%) Amazon EKS
5 2 (3.57%) Amazon ELB
5 2 (3.57%) Amazon S3
5 2 (3.57%) Apigee
5 2 (3.57%) AWS CloudFormation
5 2 (3.57%) Power Platform
5 2 (3.57%) Route 53
5 2 (3.57%) Virtual Private Cloud
6 1 (1.79%) AWS Step Functions
6 1 (1.79%) PaaS
Database & Business Intelligence
1 3 (5.36%) Amazon RDS
1 3 (5.36%) Big Data
1 3 (5.36%) NoSQL
2 2 (3.57%) Power BI
2 2 (3.57%) Spark SQL
3 1 (1.79%) Apache Hive
3 1 (1.79%) Azure SQL Database
3 1 (1.79%) Data Mining
3 1 (1.79%) Hadoop
3 1 (1.79%) SQL Server
Development Applications
1 3 (5.36%) Git (software)
1 3 (5.36%) JIRA
2 2 (3.57%) Jenkins
2 2 (3.57%) SpecFlow
2 2 (3.57%) Visual Studio
3 1 (1.79%) TeamCity
3 1 (1.79%) Visual Studio Team System
General
1 14 (25.00%) Finance
2 10 (17.86%) Banking
3 7 (12.50%) Front Office
4 4 (7.14%) Games
5 1 (1.79%) Marketing
5 1 (1.79%) Retail
Job Titles
1 19 (33.93%) Developer
2 12 (21.43%) DevOps Engineer
3 6 (10.71%) Consultant
4 5 (8.93%) Electronic Trading Consultant
4 5 (8.93%) Java Consultant
4 5 (8.93%) Java Developer
4 5 (8.93%) Pricing Consultant
5 3 (5.36%) AWS Engineer
5 3 (5.36%) Data Engineer
5 3 (5.36%) DevOps Engineer - Fintech
6 2 (3.57%) Analyst
6 2 (3.57%) AWS DevOps
6 2 (3.57%) AWS DevOps Engineer
6 2 (3.57%) Business Analyst
6 2 (3.57%) Full Stack Developer
6 2 (3.57%) Payments Analyst
6 2 (3.57%) Payments Business Analyst
6 2 (3.57%) React Developer
7 1 (1.79%) Software Developer
7 1 (1.79%) Software Engineer
Libraries, Frameworks & Software Standards
1 9 (16.07%) React
2 6 (10.71%) .NET
3 5 (8.93%) Spring
4 4 (7.14%) RESTful
5 3 (5.36%) GraphQL
5 3 (5.36%) Node.js
5 3 (5.36%) Spring Boot
6 2 (3.57%) .NET Framework
6 2 (3.57%) AngularJS
6 2 (3.57%) ASP.NET Web API
6 2 (3.57%) Entity Framework
6 2 (3.57%) Jest
6 2 (3.57%) JSON
6 2 (3.57%) Laravel
6 2 (3.57%) RabbitMQ
6 2 (3.57%) Razor View Engine
6 2 (3.57%) React Native
6 2 (3.57%) Redux
6 2 (3.57%) XML
7 1 (1.79%) LAMP
Miscellaneous
1 9 (16.07%) Greenfield Project
2 6 (10.71%) Fixed Income
2 6 (10.71%) Foreign Exchange (FX)
3 2 (3.57%) Algorithms
3 2 (3.57%) Analytical Skills
3 2 (3.57%) Cloud Native
3 2 (3.57%) User Experience
4 1 (1.79%) Enterprise Software
4 1 (1.79%) Marketing Technology
4 1 (1.79%) Mobile App
4 1 (1.79%) Video Conferencing
4 1 (1.79%) Virtual Team
Operating Systems
1 4 (7.14%) Linux
2 2 (3.57%) Debian
3 1 (1.79%) Windows
Processes & Methodologies
1 21 (37.50%) Agile Software Development
2 16 (28.57%) DevOps
3 11 (19.64%) TDD
4 6 (10.71%) Microservices
4 6 (10.71%) Software Engineering
4 6 (10.71%) Test Automation
5 5 (8.93%) Electronic Trading
6 4 (7.14%) Analytics
6 4 (7.14%) Continuous Integration
6 4 (7.14%) Data Science
7 3 (5.36%) BDD
7 3 (5.36%) Business Intelligence
7 3 (5.36%) Configuration Management
7 3 (5.36%) Continuous Deployment
7 3 (5.36%) Infrastructure as Code
7 3 (5.36%) Web Development
8 2 (3.57%) Data Cleansing
8 2 (3.57%) Kanban
8 2 (3.57%) Machine Learning
8 2 (3.57%) Scrum
Programming Languages
1 16 (28.57%) Java
2 9 (16.07%) Python
2 9 (16.07%) SQL
3 8 (14.29%) Kotlin
4 7 (12.50%) JavaScript
5 6 (10.71%) C#
6 3 (5.36%) Scala
7 2 (3.57%) Bash Shell
7 2 (3.57%) Java 8
7 2 (3.57%) PHP
7 2 (3.57%) T-SQL
8 1 (1.79%) Go
8 1 (1.79%) PowerShell
8 1 (1.79%) R
8 1 (1.79%) TypeScript
Qualifications
1 1 (1.79%) Degree
1 1 (1.79%) MCSA
1 1 (1.79%) MCSE
1 1 (1.79%) Microsoft Certification
Quality Assurance & Compliance
1 3 (5.36%) QA
System Software
1 9 (16.07%) Docker
Systems Management
1 18 (32.14%) Kubernetes
2 9 (16.07%) Terraform
3 4 (7.14%) Ansible
4 2 (3.57%) Istio
4 2 (3.57%) Puppet
5 1 (1.79%) ITRS Geneos
5 1 (1.79%) Prometheus
5 1 (1.79%) Rancher
Vendors
1 4 (7.14%) Microsoft
2 2 (3.57%) Google
3 1 (1.79%) Atlassian
3 1 (1.79%) FXall
3 1 (1.79%) Splunk