Period
to 12 April 2021

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 12 April 2021 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.

Banking
UK > England
6 months to
12 Apr 2021
Same period 2020 Same period 2019
Rank 18 42 24
Rank change year-on-year +24 -18 -7
Contract jobs citing Banking 3,024 2,660 5,984
As % of all contract jobs advertised in England 7.28% 4.96% 6.78%
As % of the General category 17.58% 13.47% 17.13%
Number of daily rates quoted 2,206 1,850 4,235
10th Percentile £360 £340 £363
25th Percentile £450 £431 £450
Median daily rate (50th Percentile) £563 £550 £550
Median % change year-on-year +2.27% - +2.80%
75th Percentile £675 £656 £650
90th Percentile £738 £725 £713
UK median daily rate £550 £550 £550
Number of hourly rates quoted 20 24 64
10th Percentile £12.30 £13.74 £10.27
25th Percentile £14.81 £15.59 £15.00
Median hourly rate £15.86 £18.70 £19.34
Median % change year-on-year -15.19% -3.30% +21.39%
75th Percentile £23.00 £21.84 £22.50
90th Percentile £28.98 £40.78 £35.48
UK median hourly rate £15.86 £18.70 £18.70
% change year-on-year -15.19% - +16.88%

Banking 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 England with a requirement for common skills.

All General Skills
England
Contract vacancies with a requirement for common skills 17,198 19,750 34,923
As % of all contract IT jobs advertised in England 41.42% 36.84% 39.57%
Number of daily rates quoted 11,793 13,277 23,684
10th Percentile £313 £280 £305
25th Percentile £405 £400 £400
Median daily rate (50th Percentile) £500 £500 £500
75th Percentile £613 £600 £590
90th Percentile £700 £688 £675
UK median daily rate £500 £480 £484
% change year-on-year +4.17% -0.83% +1.89%
Number of hourly rates quoted 663 629 842
10th Percentile £12.25 £12.44 £12.25
25th Percentile £15.04 £15.25 £15.00
Median hourly rate £24.00 £21.00 £21.00
Median % change year-on-year +14.29% - -2.33%
75th Percentile £43.75 £43.75 £41.50
90th Percentile £53.60 £52.50 £50.00
UK median hourly rate £24.00 £21.41 £20.86
% change year-on-year +12.10% +2.66% -0.69%

Banking
Job Vacancy Trend in England

Job postings citing Banking as a proportion of all IT jobs advertised in England.

Job vacancy trend for Banking in England

Banking
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Banking in England.

Daily rate trend for Banking in England

Banking
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking in England over the 6 months to 12 April 2021.

Daily rate histogram for Banking in England

Banking
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Banking in England.

Hourly rate trend for Banking in England

Banking
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Banking in England over the 6 months to 12 April 2021.

Hourly rate histogram for Banking in England

Banking
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the England region over the 6 months to 12 April 2021. 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
London +5 2,545 £583 +1.30% 366
North of England +45 190 £450 - 67
North West +27 117 £450 +7.14% 28
Midlands +32 92 £363 +113.24% 29
Yorkshire +47 70 £450 -10.00% 28
East Midlands +29 54 £360 +308.16% 17
South East +23 49 £425 -15.00% 26
South West +33 43 £440 +10.00% 8
West Midlands +15 36 £400 -20.00% 12
East of England +33 7 £431 +9.18% 9
North East +15 3 £140 -68.89% 11
Banking
UK

For the 6 months to 12 April 2021, IT contractor jobs citing Banking 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 England region with a requirement for Banking.

1 1,434 (47.42%) Finance
2 937 (30.99%) Agile Software Development
3 904 (29.89%) Java
4 860 (28.44%) Investment Banking
5 532 (17.59%) SQL
6 514 (17.00%) Front Office
7 421 (13.92%) DevOps
8 370 (12.24%) Python
9 342 (11.31%) Spring
10 323 (10.68%) Microservices
11 304 (10.05%) C#
12 303 (10.02%) Scrum
13 296 (9.79%) Linux
14 291 (9.62%) Azure
15 285 (9.42%) Oracle
16 279 (9.23%) Kubernetes
17 272 (8.99%) AWS
18 268 (8.86%) Git (software)
19 254 (8.40%) Jenkins
20 253 (8.37%) TDD
21 252 (8.33%) Foreign Exchange (FX)
22 251 (8.30%) JavaScript
23 250 (8.27%) .NET
24 249 (8.23%) JIRA
25 248 (8.20%) Analytical Skills
25 248 (8.20%) Problem-Solving
26 246 (8.13%) Multithreading
27 242 (8.00%) Docker
28 232 (7.67%) Stakeholder Management
29 229 (7.57%) Test Automation

Banking
Co-occurring IT Skills in England 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
1 122 (4.03%) Confluence
2 110 (3.64%) Apache Spark
3 90 (2.98%) Mule
4 60 (1.98%) Red Hat Fuse
5 58 (1.92%) Apache
6 47 (1.55%) SharePoint
7 37 (1.22%) Oracle Coherence
8 27 (0.89%) SAS
9 21 (0.69%) JBoss
10 19 (0.63%) Cloud Foundry
10 19 (0.63%) Elasticsearch
11 15 (0.50%) IIS
12 14 (0.46%) WebSphere
13 13 (0.43%) Tomcat
14 9 (0.30%) MS Exchange
14 9 (0.30%) SharePoint 2010
15 8 (0.26%) Skype for Business
16 7 (0.23%) Exchange Server 2010
16 7 (0.23%) nginx
16 7 (0.23%) NServiceBus
Applications
1 83 (2.74%) Microsoft Excel
2 56 (1.85%) Microsoft Office
3 36 (1.19%) Microsoft PowerPoint
4 34 (1.12%) MS Visio
5 12 (0.40%) Microsoft Project
5 12 (0.40%) Spreadsheet
6 8 (0.26%) Chatbot
7 5 (0.17%) InfoPath
8 3 (0.099%) Sketch
9 2 (0.066%) InVision
10 1 (0.033%) Adobe Creative Suite
10 1 (0.033%) Adobe Premiere
10 1 (0.033%) Camtasia
10 1 (0.033%) Figma
10 1 (0.033%) OmniGraffle
10 1 (0.033%) Open Workbench
10 1 (0.033%) Photoshop
10 1 (0.033%) UserZoom
Business Applications
1 15 (0.50%) Summit
2 13 (0.43%) Sentinel
3 11 (0.36%) ION MarketView
4 8 (0.26%) Oracle EBS
4 8 (0.26%) Oracle Payables
4 8 (0.26%) Temenos T24
5 7 (0.23%) Oracle FAH
5 7 (0.23%) Oracle General Ledger
5 7 (0.23%) Oracle Receivables
5 7 (0.23%) Oracle Subledger Accounting
6 6 (0.20%) Adobe Campaign
6 6 (0.20%) Oracle Assets
6 6 (0.20%) Oracle E-Business Tax
6 6 (0.20%) Oracle Financials
6 6 (0.20%) Oracle Internet Expenses
6 6 (0.20%) Oracle iProcurement
6 6 (0.20%) SunGard Martini
7 4 (0.13%) Payment Gateway
7 4 (0.13%) SAP S/4HANA
8 3 (0.099%) Bloomberg AIM
Cloud Services
1 291 (9.62%) Azure
2 272 (8.99%) AWS
3 214 (7.08%) GCP
4 74 (2.45%) GitHub
5 67 (2.22%) Microsoft 365
6 59 (1.95%) PaaS
7 55 (1.82%) Serverless
8 52 (1.72%) SaaS
9 43 (1.42%) IaaS
9 43 (1.42%) OpenShift
10 26 (0.86%) Power Platform
11 25 (0.83%) AWS CloudFormation
12 24 (0.79%) Cloud Computing
12 24 (0.79%) Slack
13 22 (0.73%) Azure Functions
14 20 (0.66%) Amazon ECS
14 20 (0.66%) NuGet
15 18 (0.60%) AWS Lambda
16 16 (0.53%) Apigee
16 16 (0.53%) Virtual Private Cloud
Communications & Networking
1 78 (2.58%) Firewall
2 44 (1.46%) TCP/IP
3 25 (0.83%) Network Security
3 25 (0.83%) VPN
4 24 (0.79%) DNS
4 24 (0.79%) Multicast
5 23 (0.76%) HTTP
5 23 (0.76%) SSL
5 23 (0.76%) WAN
6 19 (0.63%) Internet
7 18 (0.60%) LAN
8 16 (0.53%) Kerberos
9 15 (0.50%) OSPF
10 13 (0.43%) FIX Connectivity
11 12 (0.40%) ATM
11 12 (0.40%) NAS
11 12 (0.40%) SAN
11 12 (0.40%) Wireshark
12 11 (0.36%) BGP
12 11 (0.36%) Cisco Nexus
Database & Business Intelligence
1 182 (6.02%) SQL Server
2 141 (4.66%) Relational Database
3 125 (4.13%) Big Data
4 109 (3.60%) NoSQL
5 93 (3.08%) Data Warehouse
6 87 (2.88%) Hadoop
6 87 (2.88%) MongoDB
7 46 (1.52%) Oracle Database
8 43 (1.42%) Apache Cassandra
9 40 (1.32%) PostgreSQL
10 38 (1.26%) RDBMS
11 34 (1.12%) Apache Hive
11 34 (1.12%) SQL Server Integration Services
11 34 (1.12%) Tableau
12 31 (1.03%) BigQuery
13 29 (0.96%) MySQL
14 25 (0.83%) HBase
14 25 (0.83%) Power BI
15 24 (0.79%) Oracle Database 12c
16 21 (0.69%) Redis
Development Applications
1 268 (8.86%) Git (software)
2 254 (8.40%) Jenkins
3 249 (8.23%) JIRA
4 126 (4.17%) Maven
5 83 (2.74%) TeamCity
6 80 (2.65%) Cucumber
7 63 (2.08%) Bitbucket
8 61 (2.02%) Subversion
9 51 (1.69%) Visual Studio
10 49 (1.62%) JUnit
11 43 (1.42%) Sonatype Nexus
12 41 (1.36%) Selenium
13 32 (1.06%) Artifactory
14 28 (0.93%) SonarQube
15 23 (0.76%) Mockito
16 22 (0.73%) Gradle
17 21 (0.69%) IntelliJ
18 19 (0.63%) GitLab
19 16 (0.53%) Eclipse
20 15 (0.50%) Atlassian Bamboo
General
1 1,434 (47.42%) Finance
2 860 (28.44%) Investment Banking
3 514 (17.00%) Front Office
4 102 (3.37%) Retail Banking
5 85 (2.81%) Retail
6 68 (2.25%) Financial Institution
7 45 (1.49%) Back Office
8 41 (1.36%) Legal
9 39 (1.29%) Marketing
10 38 (1.26%) International Banking
11 29 (0.96%) Corporate Banking
12 17 (0.56%) Telecoms
13 16 (0.53%) Private Banking
14 14 (0.46%) French Language
15 13 (0.43%) Billing
15 13 (0.43%) Law
16 9 (0.30%) General Ledger
16 9 (0.30%) Public Sector
17 8 (0.26%) Wholesale Banking
18 7 (0.23%) Publishing
Job Titles
1 1,115 (36.87%) Developer
2 520 (17.20%) Java Developer
3 395 (13.06%) Analyst
4 275 (9.09%) Architect
5 226 (7.47%) Business Analyst
6 222 (7.34%) Senior Developer
7 171 (5.65%) Project Manager
8 129 (4.27%) C# Developer
9 124 (4.10%) Senior Java Developer
10 110 (3.64%) Consultant
10 110 (3.64%) Front Office Developer
11 95 (3.14%) Banking Analyst
12 91 (3.01%) Investment Banking Java Developer
13 90 (2.98%) Solutions Architect
14 77 (2.55%) DevOps Engineer
15 70 (2.31%) Integration Developer
16 69 (2.28%) .NET Developer
17 68 (2.25%) Banking Project Manager
18 67 (2.22%) SQL Developer
19 65 (2.15%) C++ Developer
Libraries, Frameworks & Software Standards
1 342 (11.31%) Spring
2 250 (8.27%) .NET
3 211 (6.98%) REST
4 183 (6.05%) Kafka
5 177 (5.85%) Spring Boot
6 148 (4.89%) HTML
7 143 (4.73%) React
8 142 (4.70%) Middleware
9 134 (4.43%) AngularJS
10 105 (3.47%) HTML5
11 104 (3.44%) Apache Camel
12 101 (3.34%) Web Services
13 85 (2.81%) CSS
14 83 (2.74%) Hibernate
15 80 (2.65%) FIX Protocol
16 79 (2.61%) Node.js
16 79 (2.61%) Spring Integration
17 71 (2.35%) .NET Core
18 70 (2.31%) RESTful
19 58 (1.92%) .NET Framework
Miscellaneous
1 252 (8.33%) Foreign Exchange (FX)
2 248 (8.20%) Analytical Skills
3 170 (5.62%) Fixed Income
4 157 (5.19%) Derivative
5 109 (3.60%) User Experience
6 96 (3.17%) Data Structures
7 81 (2.68%) Equities
8 75 (2.48%) Credit Risk
9 71 (2.35%) Greenfield Project
10 63 (2.08%) Market Risk
10 63 (2.08%) Mobile App
11 59 (1.95%) Management Information System
12 56 (1.85%) Enterprise Software
13 46 (1.52%) Virtual Team
14 45 (1.49%) Data Centre
15 41 (1.36%) Algorithms
16 37 (1.22%) Cloud Native
17 35 (1.16%) Self-Motivation
18 34 (1.12%) Clustering
19 32 (1.06%) Public Cloud
Operating Systems
1 296 (9.79%) Linux
2 205 (6.78%) Windows
3 150 (4.96%) Unix
4 45 (1.49%) Windows Server
5 41 (1.36%) Android
6 38 (1.26%) Red Hat Enterprise Linux
7 31 (1.03%) Windows 10
8 27 (0.89%) Apple iOS
9 12 (0.40%) Solaris
9 12 (0.40%) Windows 7
10 11 (0.36%) Windows Server 2016
11 10 (0.33%) Windows Server 2012
12 9 (0.30%) Windows Server 2008
12 9 (0.30%) zOS
13 6 (0.20%) AIX
14 4 (0.13%) CentOS
14 4 (0.13%) VMS
15 3 (0.099%) Mac OS
15 3 (0.099%) MVS
15 3 (0.099%) Windows XP
Processes & Methodologies
1 937 (30.99%) Agile Software Development
2 421 (13.92%) DevOps
3 323 (10.68%) Microservices
4 303 (10.02%) Scrum
5 253 (8.37%) TDD
6 248 (8.20%) Problem-Solving
7 246 (8.13%) Multithreading
8 232 (7.67%) Stakeholder Management
9 229 (7.57%) Test Automation
10 208 (6.88%) Change Management
11 196 (6.48%) Risk Management
12 175 (5.79%) Software Engineering
13 174 (5.75%) Electronic Trading
14 171 (5.65%) Analytics
15 170 (5.62%) Low Latency
15 170 (5.62%) SDLC
16 169 (5.59%) Project Management
17 164 (5.42%) Cybersecurity
18 160 (5.29%) Migration
19 156 (5.16%) Digital Transformation Programme
Programming Languages
1 904 (29.89%) Java
2 532 (17.59%) SQL
3 370 (12.24%) Python
4 304 (10.05%) C#
5 251 (8.30%) JavaScript
6 166 (5.49%) C++
7 139 (4.60%) Scala
8 122 (4.03%) Java 8
9 86 (2.84%) PL/SQL
10 70 (2.31%) PowerShell
11 68 (2.25%) TypeScript
12 61 (2.02%) Kotlin
13 37 (1.22%) VBA
14 35 (1.16%) Shell Script
15 34 (1.12%) T-SQL
16 31 (1.03%) C
16 31 (1.03%) Perl
17 23 (0.76%) Groovy
18 22 (0.73%) Go
19 20 (0.66%) Bash Shell
Qualifications
1 187 (6.18%) Degree
2 36 (1.19%) Computer Science Degree
3 35 (1.16%) Security Cleared
4 31 (1.03%) SC Cleared
5 29 (0.96%) Cisco Certification
6 28 (0.93%) Numerate Degree
7 22 (0.73%) CCNP
8 20 (0.66%) CISSP
9 19 (0.63%) FFIEC
10 16 (0.53%) ISTQB
10 16 (0.53%) PhD
10 16 (0.53%) PMI Certification
11 15 (0.50%) CISM
12 14 (0.46%) TOGAF Certification
13 13 (0.43%) ISEB
14 12 (0.40%) Master's Degree
15 11 (0.36%) PRINCE2 Certification
16 9 (0.30%) Microsoft Certification
17 8 (0.26%) AWS Certification
18 7 (0.23%) CCIE
Quality Assurance & Compliance
1 107 (3.54%) QA
2 49 (1.62%) NIST
3 46 (1.52%) PMO
4 35 (1.16%) Data Quality
5 28 (0.93%) ISO/IEC 27001
5 28 (0.93%) SLA
6 26 (0.86%) MiFID
7 24 (0.79%) GDPR
8 19 (0.63%) COBIT
9 16 (0.53%) COREP
9 16 (0.53%) IFRS
10 15 (0.50%) PCI DSS
11 14 (0.46%) ISO 20022
11 14 (0.46%) PSD2
12 13 (0.43%) SEPA
13 12 (0.40%) Basel III
14 10 (0.33%) EMIR
14 10 (0.33%) IFRS 9
14 10 (0.33%) Sarbanes-Oxley
15 8 (0.26%) NIST 800
System Software
1 242 (8.00%) Docker
2 58 (1.92%) Active Directory
3 45 (1.49%) VMware Infrastructure
4 28 (0.93%) VMware ESXi
5 16 (0.53%) HDFS
6 14 (0.46%) Platform Symphony
7 11 (0.36%) vSphere
8 10 (0.33%) GridGain
8 10 (0.33%) Oracle RAC
9 9 (0.30%) XenApp
10 7 (0.23%) Time Sharing Option
10 7 (0.23%) VMware NSX
11 6 (0.20%) Microsoft App-V
11 6 (0.20%) Virtual Machines
12 5 (0.17%) Hyper-V
12 5 (0.17%) RACF
12 5 (0.17%) Xen
12 5 (0.17%) XenDesktop
13 4 (0.13%) Apache Flume
13 4 (0.13%) Veritas File System
Systems Management
1 279 (9.23%) Kubernetes
2 122 (4.03%) Ansible
3 111 (3.67%) Terraform
4 37 (1.22%) Opscode Chef
5 36 (1.19%) Puppet
6 13 (0.43%) Control-M
6 13 (0.43%) Prometheus
7 12 (0.40%) ITRS Geneos
7 12 (0.40%) Salt
7 12 (0.40%) SCCM
8 11 (0.36%) Grafana
9 9 (0.30%) Packer
9 9 (0.30%) vRealize Orchestrator
10 8 (0.26%) Istio
10 8 (0.26%) PowerCLI
11 7 (0.23%) Network Intrusion Detection System
11 7 (0.23%) Tivoli Storage Manager
12 6 (0.20%) HP NNM
12 6 (0.20%) HP Quality Center
12 6 (0.20%) QRadar
Vendors
1 285 (9.42%) Oracle
2 171 (5.65%) Microsoft
3 135 (4.46%) Google
4 76 (2.51%) Splunk
5 72 (2.38%) IBM
6 65 (2.15%) VMware
7 49 (1.62%) Cisco
8 41 (1.36%) ION Trading
9 40 (1.32%) TIBCO
10 39 (1.29%) Atlassian
11 38 (1.26%) MuleSoft
11 38 (1.26%) Red Hat
12 30 (0.99%) Murex
12 30 (0.99%) SAP
13 29 (0.96%) Citrix
13 29 (0.96%) Databricks
13 29 (0.96%) HP
14 27 (0.89%) Sybase
15 25 (0.83%) Salesforce.com
16 20 (0.66%) AppDynamics