TARGET2 Contract Job Trends in the City of London

TARGET2
Central London > City of London

The table below provides summary statistics and contractor rates for jobs advertised in the City of London requiring TARGET2 skills. It covers contract job vacancies from the 6 months leading up to 17 February 2026, with comparisons to the same periods in the previous two years.

6 months to
17 Feb 2026
Same period 2025 Same period 2024
Rank 122 - -
Rank change year-on-year - - -
Contract jobs citing TARGET2 1 0 0
As % of all contract jobs in the City of London 0.052% - -
As % of the Quality Assurance & Compliance category 0.25% - -
Number of daily rates quoted 1 0 0
10th Percentile - - -
25th Percentile £713 - -
Median daily rate (50th Percentile) £725 - -
75th Percentile £738 - -
90th Percentile - - -
Central London median daily rate £725 - -

All Quality Assurance and Compliance Skills
City of London

TARGET2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in the City of London.

Contract vacancies with a requirement for quality assurance or compliance skills 403 297 386
As % of all contract IT jobs advertised in the City of London 20.98% 16.47% 16.15%
Number of daily rates quoted 260 165 287
10th Percentile £363 £348 £373
25th Percentile £425 £425 £472
Median daily rate (50th Percentile) £525 £550 £550
Median % change year-on-year -4.55% - -8.33%
75th Percentile £664 £653 £669
90th Percentile £825 £775 £750
Central London median daily rate £525 £550 £550
% change year-on-year -4.55% - -8.33%
Number of hourly rates quoted 5 0 2
10th Percentile £20.94 - £25.05
25th Percentile £26.50 - £32.75
Median hourly rate £27.50 - £46.55
Median % change year-on-year - - +138.73%
75th Percentile £29.50 - £60.64
90th Percentile £33.10 - £68.50
Central London median hourly rate £26.11 £28.75 £46.55
% change year-on-year -9.18% -38.24% +111.60%

TARGET2
Job Vacancy Trend in the City of London

Historical trend showing the proportion of contract IT job postings citing TARGET2 relative to all contract IT jobs advertised in the City of London.

TARGET2 job vacancy trend in the City of London

TARGET2
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing TARGET2.

Contractor daily rate distribution trend for jobs in the City of London citing TARGET2

TARGET2
Co-Occurring Skills & Capabilities in the City of London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Applications Architect
1 1 (100.00%) Architect
1 1 (100.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
Miscellaneous
1 1 (100.00%) SWIFT Messaging Network
Processes & Methodologies
1 1 (100.00%) Anti-Money Laundering
1 1 (100.00%) API Design
1 1 (100.00%) Microservices
1 1 (100.00%) Migration
1 1 (100.00%) Regulatory Change
1 1 (100.00%) Technical Architecture
Programming Languages
1 1 (100.00%) Java
1 1 (100.00%) JavaScript
1 1 (100.00%) Python
Quality Assurance & Compliance
1 1 (100.00%) ISO 20022
1 1 (100.00%) PSD2
1 1 (100.00%) SEPA