Period
to 29 March 2020

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 29 March 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.

Banking
UK > England
6 months to
29 Mar 2020
Same period 2019 Same period 2018
Rank 42 25 16
Rank change year-on-year -17 -9 -1
Contract jobs citing Banking 2,784 6,085 7,513
As % of all contract jobs advertised in England 4.90% 6.84% 8.06%
As % of the General category 13.34% 17.31% 19.57%
Number of daily rates quoted 1,914 4,389 5,171
Median daily rate £550 £550 £525
Median daily rate % change year-on-year - +4.76% -
10th Percentile £325 £363 £325
90th Percentile £725 £713 £713
UK median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 41 67 43
Median hourly rate £21.00 £19.18 £15.00
Median hourly rate % change year-on-year +9.52% +27.83% -29.41%
10th Percentile £14.00 £10.00 £13.00
90th Percentile £35.00 £35.40 £73.50
UK median hourly rate £21.00 £18.70 £16.00
% change year-on-year +12.30% +16.88% -24.71%

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 20,863 35,156 38,387
As % of all contract IT jobs advertised in England 36.72% 39.52% 41.20%
Number of daily rates quoted 13,326 23,429 25,414
Median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £281 £305 £285
90th Percentile £694 £675 £675
UK median daily rate £480 £482 £475
% change year-on-year -0.41% +1.47% +5.56%
Number of hourly rates quoted 764 935 1,003
Median hourly rate £23.38 £22.50 £22.00
Median hourly rate % change year-on-year +3.91% +2.27% +2.33%
10th Percentile £12.50 £12.25 £11.81
90th Percentile £51.68 £49.93 £47.83
Median hourly rate £23.50 £22.00 £21.95
% change year-on-year +6.82% +0.23% +3.20%

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 29 March 2020.

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 29 March 2020.

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 29 March 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
London -4 2,293 £575 - 413
North of England -48 190 £475 +5.56% 65
South East -3 119 £500 +5.26% 43
North West -41 108 £456 +1.39% 35
Midlands -6 85 £160 -64.44% 21
South West -83 80 £400 -23.81% 11
Yorkshire -38 57 £500 +16.96% 19
East Midlands -7 47 £150 -62.26% 9
West Midlands +31 36 £500 +8.70% 12
North East +20 25 £450 +20.00% 11
East of England +20 14 £425 -1.73% 7
Banking
UK

For the 6 months to 29 March 2020, 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 1,342 (48.20%) Finance
2 788 (28.30%) Agile Software Development
3 732 (26.29%) Java
4 649 (23.31%) Investment Banking
5 471 (16.92%) SQL
6 431 (15.48%) Front Office
7 386 (13.86%) Python
8 348 (12.50%) JavaScript
9 325 (11.67%) DevOps
10 287 (10.31%) Foreign Exchange (FX)
11 271 (9.73%) C#
12 269 (9.66%) AWS
13 264 (9.48%) Azure
14 262 (9.41%) TDD
15 258 (9.27%) Microservices
16 240 (8.62%) Windows
17 237 (8.51%) Problem-Solving
18 233 (8.37%) Analytical Skills
19 220 (7.90%) Oracle
20 210 (7.54%) .NET
21 207 (7.44%) JIRA
21 207 (7.44%) AngularJS
22 206 (7.40%) Stakeholder Management
23 199 (7.15%) Kubernetes
24 197 (7.08%) Software Engineering
25 195 (7.00%) Fixed Income
26 192 (6.90%) Scrum
26 192 (6.90%) Derivative
27 187 (6.72%) Docker
28 185 (6.65%) Linux

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 69 (2.48%) Confluence
2 68 (2.44%) Apache Spark
3 48 (1.72%) Apache
4 44 (1.58%) SAS
5 43 (1.54%) SharePoint
6 39 (1.40%) Elasticsearch
7 21 (0.75%) WebSphere
8 15 (0.54%) Apache Airflow
9 14 (0.50%) IIS
10 13 (0.47%) Oracle Coherence
10 13 (0.47%) Tomcat
11 12 (0.43%) nginx
12 11 (0.40%) MS Exchange
12 11 (0.40%) Skype for Business
13 9 (0.32%) Cloud Foundry
13 9 (0.32%) CMS
13 9 (0.32%) Mule
13 9 (0.32%) WebLogic
14 6 (0.22%) Oracle Workflow
14 6 (0.22%) WebSphere Application Server
Applications
1 102 (3.66%) Microsoft Excel
2 61 (2.19%) Microsoft Office
3 38 (1.36%) Microsoft PowerPoint
4 19 (0.68%) Sketch
5 16 (0.57%) Microsoft Project
6 15 (0.54%) MS Visio
7 7 (0.25%) InVision
7 7 (0.25%) Spreadsheet
8 3 (0.11%) Adobe Illustrator
8 3 (0.11%) Photoshop
8 3 (0.11%) Zeplin
9 2 (0.072%) Adobe After Effects
9 2 (0.072%) Adobe Premiere
9 2 (0.072%) Camtasia
9 2 (0.072%) InfoPath
9 2 (0.072%) OmniGraffle
9 2 (0.072%) RoboHelp
9 2 (0.072%) SPSS
9 2 (0.072%) Stata
9 2 (0.072%) UserZoom
Business Applications
1 36 (1.29%) FINCAD Analytics
2 12 (0.43%) Misys Midas
3 10 (0.36%) Salesforce.com CRM
4 9 (0.32%) SAP S/4HANA
5 8 (0.29%) Dynamics CRM
6 7 (0.25%) Sophis RISQUE
6 7 (0.25%) Temenos T24
7 6 (0.22%) BusinessWorks
7 6 (0.22%) ION MarketView
8 5 (0.18%) Loan IQ
8 5 (0.18%) R3 Corda
9 4 (0.14%) Oracle Cash Management
9 4 (0.14%) Summit
9 4 (0.14%) thinkFolio
10 3 (0.11%) Oracle Assets
10 3 (0.11%) Oracle BPM
10 3 (0.11%) Oracle General Ledger
10 3 (0.11%) Oracle Payables
10 3 (0.11%) Oracle Procure-to-Pay
10 3 (0.11%) Oracle Receivables
Cloud Services
1 269 (9.66%) AWS
2 264 (9.48%) Azure
3 179 (6.43%) GCP
4 48 (1.72%) Office 365
5 45 (1.62%) OpenShift
6 43 (1.54%) GitHub
7 36 (1.29%) AWS Step Functions
8 35 (1.26%) PaaS
9 34 (1.22%) Serverless
10 33 (1.19%) Power Platform
11 27 (0.97%) SaaS
12 22 (0.79%) Amazon ECS
12 22 (0.79%) Apigee
12 22 (0.79%) AWS Lambda
13 21 (0.75%) IaaS
14 17 (0.61%) Amazon SQS
15 16 (0.57%) Azure Functions
16 15 (0.54%) npm
17 12 (0.43%) Stackdriver
18 11 (0.40%) Amazon EC2
Communications & Networking
1 66 (2.37%) LAN
2 60 (2.16%) Firewall
3 37 (1.33%) WAN
4 35 (1.26%) TCP/IP
5 32 (1.15%) DNS
5 32 (1.15%) Network Security
5 32 (1.15%) VPN
6 28 (1.01%) Cisco Nexus
6 28 (1.01%) Multicast
7 27 (0.97%) HTTP
7 27 (0.97%) Wireless
8 26 (0.93%) BGP
8 26 (0.93%) Cisco IOS
8 26 (0.93%) OSPF
9 24 (0.86%) MPLS
10 21 (0.75%) NX-OS
11 20 (0.72%) EIGRP
12 19 (0.68%) Junos
12 19 (0.68%) X.509
13 18 (0.65%) Wireshark
Database & Business Intelligence
1 164 (5.89%) SQL Server
2 107 (3.84%) Big Data
3 92 (3.30%) NoSQL
4 89 (3.20%) Data Warehouse
5 85 (3.05%) Relational Database
6 69 (2.48%) MongoDB
6 69 (2.48%) PostgreSQL
7 54 (1.94%) Apache Cassandra
8 53 (1.90%) SQL Server Reporting Services
9 51 (1.83%) SQL Server Integration Services
10 49 (1.76%) RDBMS
11 48 (1.72%) Hadoop
12 42 (1.51%) HBase
13 41 (1.47%) Redis
14 40 (1.44%) Amazon DynamoDB
15 39 (1.40%) Amazon Athena
15 39 (1.40%) DB2
15 39 (1.40%) Oracle Database
16 32 (1.15%) Power BI
17 31 (1.11%) Amazon Aurora
Development Applications
1 207 (7.44%) JIRA
2 169 (6.07%) Git (software)
3 155 (5.57%) Jenkins
4 80 (2.87%) Maven
5 75 (2.69%) JUnit
6 59 (2.12%) Selenium
7 56 (2.01%) TeamCity
8 51 (1.83%) Cucumber
9 49 (1.76%) Sonatype Nexus
10 36 (1.29%) Subversion
11 33 (1.19%) Team Foundation Server
12 29 (1.04%) GitLab
13 28 (1.01%) Bitbucket
14 26 (0.93%) Gradle
15 23 (0.83%) Mockito
16 21 (0.75%) Artifactory
17 20 (0.72%) CircleCI
18 18 (0.65%) Ant
18 18 (0.65%) Eclipse
19 17 (0.61%) Visual Studio
General
1 1,342 (48.20%) Finance
2 649 (23.31%) Investment Banking
3 431 (15.48%) Front Office
4 136 (4.89%) Retail Banking
5 122 (4.38%) Retail
6 67 (2.41%) Back Office
7 64 (2.30%) Telecoms
8 54 (1.94%) Corporate Banking
8 54 (1.94%) Financial Institution
9 41 (1.47%) International Banking
9 41 (1.47%) Marketing
10 39 (1.40%) Legal
11 17 (0.61%) Law
12 16 (0.57%) Private Banking
13 14 (0.50%) Public Sector
14 12 (0.43%) Games
14 12 (0.43%) Publishing
15 10 (0.36%) French Language
15 10 (0.36%) German Language
16 6 (0.22%) Wholesale Banking
Job Titles
1 1,028 (36.93%) Developer
2 424 (15.23%) Analyst
3 316 (11.35%) Java Developer
4 195 (7.00%) Senior Developer
5 191 (6.86%) Business Analyst
6 182 (6.54%) Architect
7 139 (4.99%) Project Manager
8 119 (4.27%) C# Developer
9 114 (4.09%) Python Developer
10 100 (3.59%) Consultant
11 93 (3.34%) Banking Analyst
12 91 (3.27%) DevOps Engineer
13 88 (3.16%) Senior Java Developer
14 73 (2.62%) AWS Developer
15 72 (2.59%) Full Stack Developer
16 70 (2.51%) .NET Developer
17 68 (2.44%) Front Office Developer
18 64 (2.30%) SQL Developer
19 63 (2.26%) Java Engineer
20 61 (2.19%) React Developer
Libraries, Frameworks & Software Standards
1 210 (7.54%) .NET
2 207 (7.44%) AngularJS
3 181 (6.50%) HTML
3 181 (6.50%) React
4 180 (6.47%) Web Services
5 162 (5.82%) Spring
6 138 (4.96%) CSS
7 112 (4.02%) Spring Boot
8 107 (3.84%) REST
9 100 (3.59%) Node.js
10 97 (3.48%) HTML5
11 82 (2.95%) RESTful
12 80 (2.87%) Kafka
13 75 (2.69%) J2EE
14 62 (2.23%) SOAP
15 54 (1.94%) Middleware
15 54 (1.94%) XML
16 51 (1.83%) Hibernate
17 49 (1.76%) Redux
18 48 (1.72%) Vue.js
Miscellaneous
1 287 (10.31%) Foreign Exchange (FX)
2 233 (8.37%) Analytical Skills
3 195 (7.00%) Fixed Income
4 192 (6.90%) Derivative
5 147 (5.28%) Equities
6 129 (4.63%) User Experience
7 109 (3.92%) Hedge funds
8 102 (3.66%) Data Centre
9 79 (2.84%) Credit Risk
10 71 (2.55%) Greenfield Project
11 60 (2.16%) Data Structures
12 52 (1.87%) Equity Derivative
12 52 (1.87%) Mobile App
13 48 (1.72%) Market Risk
14 42 (1.51%) Virtual Team
15 39 (1.40%) Algorithms
15 39 (1.40%) Management Information System
16 35 (1.26%) Enterprise Software
17 33 (1.19%) Mobile Banking
18 32 (1.15%) Self-Motivation
Operating Systems
1 240 (8.62%) Windows
2 185 (6.65%) Linux
3 118 (4.24%) Unix
4 82 (2.95%) Windows 10
5 73 (2.62%) Android
6 58 (2.08%) Apple iOS
7 55 (1.98%) Windows Server
8 48 (1.72%) Windows 7
9 43 (1.54%) Red Hat Enterprise Linux
10 25 (0.90%) Windows Server 2012
10 25 (0.90%) Windows Server 2016
11 16 (0.57%) Solaris
12 10 (0.36%) Mac OS X
13 9 (0.32%) CentOS
14 7 (0.25%) Windows Server 2008
15 6 (0.22%) CoreOS
16 4 (0.14%) Mac OS
16 4 (0.14%) Windows XP
17 3 (0.11%) Check Point GAiA
17 3 (0.11%) SUSE Linux Enterprise Server
Processes & Methodologies
1 788 (28.30%) Agile Software Development
2 325 (11.67%) DevOps
3 262 (9.41%) TDD
4 258 (9.27%) Microservices
5 237 (8.51%) Problem-Solving
6 206 (7.40%) Stakeholder Management
7 197 (7.08%) Software Engineering
8 192 (6.90%) Scrum
9 182 (6.54%) Test Automation
10 181 (6.50%) Asset Management
11 178 (6.39%) Migration
12 164 (5.89%) Project Management
13 159 (5.71%) Analytics
14 155 (5.57%) BDD
15 152 (5.46%) SDLC
16 148 (5.32%) Multithreading
17 147 (5.28%) Fintech
18 136 (4.89%) Business Analysis
19 125 (4.49%) Continuous Integration
20 122 (4.38%) Risk Management
Programming Languages
1 732 (26.29%) Java
2 471 (16.92%) SQL
3 386 (13.86%) Python
4 348 (12.50%) JavaScript
5 271 (9.73%) C#
6 103 (3.70%) C++
7 93 (3.34%) Java 8
8 91 (3.27%) Kotlin
9 88 (3.16%) PowerShell
10 83 (2.98%) TypeScript
11 78 (2.80%) Scala
12 56 (2.01%) VBA
13 47 (1.69%) Perl
14 40 (1.44%) R
15 37 (1.33%) C
16 35 (1.26%) Go
16 35 (1.26%) T-SQL
17 32 (1.15%) Shell Script
18 31 (1.11%) PL/SQL
19 27 (0.97%) VB.NET
Qualifications
1 153 (5.50%) Degree
2 46 (1.65%) Security Cleared
3 44 (1.58%) Computer Science Degree
4 37 (1.33%) SC Cleared
5 26 (0.93%) Cisco Certification
6 24 (0.86%) CCNP
6 24 (0.86%) CISSP
7 21 (0.75%) CCNA
8 18 (0.65%) VMware Certified Professional (VCP)
9 17 (0.61%) ISTQB
10 15 (0.54%) ISEB
11 13 (0.47%) PMI Certification
12 9 (0.32%) CISM
12 9 (0.32%) ITIL Certification
13 8 (0.29%) Numerate Degree
13 8 (0.29%) TOGAF Certification
14 7 (0.25%) PMP
15 6 (0.22%) ACCA
15 6 (0.22%) Master's Degree
16 5 (0.18%) A+ Certification
Quality Assurance & Compliance
1 96 (3.45%) QA
2 56 (2.01%) PMO
3 40 (1.44%) SLA
4 28 (1.01%) Data Quality
5 26 (0.93%) ISO/IEC 27001
6 24 (0.86%) PSD2
7 16 (0.57%) IFRS
7 16 (0.57%) MiFID
8 15 (0.54%) GDPR
9 13 (0.47%) SEPA
10 11 (0.40%) Basel III
10 11 (0.40%) EMIR
10 11 (0.40%) IFRS 9
11 9 (0.32%) CRD IV
12 8 (0.29%) COBIT
13 7 (0.25%) Basel II
14 6 (0.22%) COREP
14 6 (0.22%) Dodd-Frank
15 5 (0.18%) NIST
16 4 (0.14%) SSAE 16
System Software
1 187 (6.72%) Docker
2 117 (4.20%) Active Directory
3 42 (1.51%) VMware Infrastructure
4 23 (0.83%) Virtual Machines
5 15 (0.54%) vSphere
6 12 (0.43%) LXC
7 11 (0.40%) HDFS
7 11 (0.40%) XenApp
7 11 (0.40%) XenDesktop
8 7 (0.25%) Citrix Hypervisor
9 6 (0.22%) Microsoft App-V
9 6 (0.22%) NFS
9 6 (0.22%) Squid
9 6 (0.22%) Terminal Services
9 6 (0.22%) VMware ESXi
10 5 (0.18%) OpenAM
11 4 (0.14%) Hyper-V
11 4 (0.14%) RACF
12 3 (0.11%) Veritas Cluster Server
12 3 (0.11%) Veritas Volume Manager
Systems Management
1 199 (7.15%) Kubernetes
2 114 (4.09%) Ansible
3 106 (3.81%) Terraform
4 49 (1.76%) Puppet
5 47 (1.69%) SCCM
6 33 (1.19%) Opscode Chef
7 21 (0.75%) Nagios
8 20 (0.72%) Cacti
9 14 (0.50%) Cisco Prime
9 14 (0.50%) NetMRI
9 14 (0.50%) Statseeker
9 14 (0.50%) ZABBIX
10 12 (0.43%) ITRS Geneos
11 11 (0.40%) HP Quality Center
12 10 (0.36%) Control-M
12 10 (0.36%) Grafana
12 10 (0.36%) Network Intrusion Detection System
13 9 (0.32%) Single Sign-On
14 8 (0.29%) Kibana
14 8 (0.29%) vRealize
Vendors
1 220 (7.90%) Oracle
2 162 (5.82%) Microsoft
3 124 (4.45%) Google
4 68 (2.44%) Cisco
5 65 (2.33%) VMware
6 54 (1.94%) Sybase
7 51 (1.83%) HP
8 47 (1.69%) Red Hat
9 45 (1.62%) Splunk
10 43 (1.54%) Dell
11 40 (1.44%) Bloomberg
12 37 (1.33%) SAP
13 35 (1.26%) Citrix
14 34 (1.22%) IBM
14 34 (1.22%) Tableau
15 31 (1.11%) Juniper
16 30 (1.08%) Salesforce.com
17 26 (0.93%) Murex
18 24 (0.86%) Informatica
19 20 (0.72%) MuleSoft