Period
to 27 January 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 27 January 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
27 Jan 2020
Same period 2019 Same period 2018
Rank 44 23 10
Rank change year-on-year -21 -13 +9
Contract jobs citing Banking 3,230 6,386 8,204
As % of all contract IT jobs advertised in England 4.97% 7.11% 8.93%
As % of the General category 13.49% 17.88% 21.15%
Number of daily rates quoted 2,269 4,610 5,826
England median daily rate £550 £550 £525
Median daily rate % change year-on-year - +4.76% +5.00%
10th Percentile £325 £363 £313
90th Percentile £725 £725 £700
UK median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 33 80 36
England median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -50.00%
10th Percentile £16.02 £10.00 £13.00
90th Percentile £46.00 £35.10 £27.50
UK median hourly rate £21.00 £18.70 £15.00
% change year-on-year +12.30% +24.67% -50.00%

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 23,948 35,713 38,796
As % of all contract IT jobs advertised in England 36.86% 39.77% 42.22%
Number of daily rates quoted 15,569 23,705 26,073
England median daily rate £488 £495 £475
Median daily rate % change year-on-year -1.52% +4.21% +5.56%
10th Percentile £276 £300 £275
90th Percentile £688 £675 £675
UK median daily rate £475 £475 £465
% change year-on-year - +2.15% +3.33%
Number of hourly rates quoted 813 981 991
England median hourly rate £21.50 £22.50 £22.00
Median hourly rate % change year-on-year -4.44% +2.27% +4.76%
10th Percentile £12.50 £12.25 £11.66
90th Percentile £50.00 £48.75 £47.50
UK median hourly rate £22.00 £22.00 £21.85
% change year-on-year - +0.71% +4.10%

Banking
Job Vacancy Trend in England

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

Job vacancy trend for Banking in England

Banking
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in England.

Contractor daily rate trend for Banking in England

Banking
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Banking in England over the 6 months to 27 January 2020.

Contractor daily rate histogram for Banking in England

Banking
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in England.

Contractor hourly rate trend for Banking in England

Banking
Contractor Hourly Rate Histogram in England

The hourly rate distribution of IT jobs citing Banking in England over the 6 months to 27 January 2020.

Contractor 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 27 January 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 -5 2,580 £575 +0.88% 511
North of England -28 240 £450 +5.88% 69
South East +9 175 £475 - 32
North West -23 147 £450 - 30
South West -75 102 £468 -15.00% 13
Midlands -17 81 £400 -11.11% 19
Yorkshire -43 64 £500 +25.00% 32
West Midlands +33 41 £500 +11.11% 7
East of England +34 36 £385 -14.44% 9
East Midlands -28 36 £160 -60.44% 12
North East +37 29 £450 +20.00% 7
Banking
UK

For the 6 months to 27 January 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 1,546 (47.86%) Finance
2 941 (29.13%) Agile Software Development
3 806 (24.95%) Java
4 725 (22.45%) Investment Banking
5 557 (17.24%) SQL
6 397 (12.29%) Front Office
7 396 (12.26%) Python
8 372 (11.52%) DevOps
9 353 (10.93%) JavaScript
10 337 (10.43%) Microservices
11 314 (9.72%) Azure
12 299 (9.26%) TDD
13 292 (9.04%) AWS
14 267 (8.27%) C#
15 266 (8.24%) Windows
16 256 (7.93%) Analytical Skills
17 251 (7.77%) Oracle
17 251 (7.77%) Stakeholder Management
18 250 (7.74%) Microsoft
19 248 (7.68%) Scrum
20 246 (7.62%) .NET
21 242 (7.49%) Kubernetes
21 242 (7.49%) Problem-Solving
22 235 (7.28%) Migration
23 234 (7.24%) Docker
24 222 (6.87%) AngularJS
25 215 (6.66%) Linux
26 211 (6.53%) JIRA
27 207 (6.41%) Derivative
28 200 (6.19%) GCP

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 82 (2.54%) Confluence
2 76 (2.35%) Apache Spark
3 50 (1.55%) SAS
4 49 (1.52%) SharePoint
5 42 (1.30%) Apache
6 38 (1.18%) Elasticsearch
7 26 (0.80%) IIS
8 20 (0.62%) WebSphere
9 17 (0.53%) nginx
10 14 (0.43%) CMS
10 14 (0.43%) MS Exchange
11 13 (0.40%) Oracle Coherence
12 12 (0.37%) Cloud Foundry
13 11 (0.34%) Mule
13 11 (0.34%) Skype for Business
13 11 (0.34%) Tomcat
14 10 (0.31%) Adobe Experience Manager
14 10 (0.31%) Anypoint
15 8 (0.25%) Exchange Server 2010
16 7 (0.22%) Jupyter
Applications
1 131 (4.06%) Microsoft Excel
2 89 (2.76%) Microsoft Office
3 52 (1.61%) Microsoft PowerPoint
4 26 (0.80%) MS Visio
5 23 (0.71%) Microsoft Project
6 21 (0.65%) Sketch
7 9 (0.28%) InVision
8 8 (0.25%) Zeplin
9 4 (0.12%) Photoshop
9 4 (0.12%) UserZoom
10 3 (0.093%) Adobe Illustrator
10 3 (0.093%) Adobe Premiere
10 3 (0.093%) Camtasia
10 3 (0.093%) Chatbot
10 3 (0.093%) OmniGraffle
11 2 (0.062%) RoboHelp
11 2 (0.062%) Snagit
11 2 (0.062%) Spreadsheet
11 2 (0.062%) SPSS
11 2 (0.062%) Stata
Business Applications
1 35 (1.08%) FINCAD Analytics
2 15 (0.46%) Dynamics CRM
2 15 (0.46%) Salesforce.com CRM
3 12 (0.37%) Temenos T24
4 11 (0.34%) SAP S/4HANA
5 9 (0.28%) BusinessWorks
6 8 (0.25%) SAP Oil and Gas
6 8 (0.25%) thinkFolio
7 6 (0.19%) Oracle Receivables
7 6 (0.19%) Sophis RISQUE
8 5 (0.15%) Loan IQ
8 5 (0.15%) Oracle Cash Management
8 5 (0.15%) R3 Corda
9 4 (0.12%) Oracle Assets
9 4 (0.12%) Oracle Payables
9 4 (0.12%) SAP FI
9 4 (0.12%) Summit
10 3 (0.093%) BASE24
10 3 (0.093%) SAP CO
10 3 (0.093%) SAP FI/CO
Cloud Services
1 314 (9.72%) Azure
2 292 (9.04%) AWS
3 200 (6.19%) GCP
4 82 (2.54%) Office 365
5 69 (2.14%) GitHub
6 43 (1.33%) OpenShift
7 39 (1.21%) Power Platform
8 38 (1.18%) Serverless
9 35 (1.08%) AWS Step Functions
10 32 (0.99%) PaaS
11 30 (0.93%) AWS Lambda
12 22 (0.68%) Amazon ECS
12 22 (0.68%) Apigee
12 22 (0.68%) npm
13 21 (0.65%) SaaS
14 20 (0.62%) Amazon SQS
15 17 (0.53%) Azure Active Directory
16 16 (0.50%) IaaS
17 15 (0.46%) Amazon EKS
18 14 (0.43%) Azure Functions
Communications & Networking
1 72 (2.23%) LAN
2 68 (2.11%) Firewall
3 47 (1.46%) TCP/IP
3 47 (1.46%) WAN
4 39 (1.21%) VPN
5 38 (1.18%) Multicast
6 34 (1.05%) Cisco Nexus
7 32 (0.99%) HTTP
7 32 (0.99%) Wireless
8 31 (0.96%) Internet
9 30 (0.93%) MPLS
9 30 (0.93%) Network Security
10 29 (0.90%) BGP
11 28 (0.87%) OSPF
12 27 (0.84%) Cisco IOS
13 25 (0.77%) DNS
14 21 (0.65%) EIGRP
15 20 (0.62%) Junos
15 20 (0.62%) NX-OS
16 18 (0.56%) Wireshark
Database & Business Intelligence
1 190 (5.88%) SQL Server
2 113 (3.50%) Big Data
3 98 (3.03%) NoSQL
4 90 (2.79%) Data Warehouse
5 85 (2.63%) PostgreSQL
6 84 (2.60%) Relational Database
7 82 (2.54%) SQL Server Integration Services
8 74 (2.29%) SQL Server Reporting Services
9 68 (2.11%) MongoDB
10 62 (1.92%) Hadoop
11 51 (1.58%) Oracle Database
12 48 (1.49%) Amazon DynamoDB
13 47 (1.46%) Apache Cassandra
14 41 (1.27%) MySQL
14 41 (1.27%) RDBMS
15 39 (1.21%) Amazon Athena
16 37 (1.15%) Amazon Aurora
16 37 (1.15%) Power BI
17 36 (1.11%) Redis
18 34 (1.05%) Apache Hive
Development Applications
1 211 (6.53%) JIRA
2 179 (5.54%) Git (software)
3 171 (5.29%) Jenkins
4 90 (2.79%) Selenium
5 81 (2.51%) Maven
6 79 (2.45%) TeamCity
7 71 (2.20%) JUnit
8 64 (1.98%) Sonatype Nexus
9 60 (1.86%) Cucumber
10 36 (1.11%) Team Foundation Server
11 32 (0.99%) Bitbucket
12 30 (0.93%) GitLab
12 30 (0.93%) Subversion
13 29 (0.90%) Gradle
14 26 (0.80%) Artifactory
15 24 (0.74%) CircleCI
16 22 (0.68%) Mockito
16 22 (0.68%) Xcode
17 19 (0.59%) webpack
18 16 (0.50%) Octopus Deploy
General
1 1,546 (47.86%) Finance
2 725 (22.45%) Investment Banking
3 397 (12.29%) Front Office
4 165 (5.11%) Retail Banking
5 155 (4.80%) Retail
6 94 (2.91%) Financial Institution
6 94 (2.91%) Telecoms
7 77 (2.38%) Back Office
8 63 (1.95%) Marketing
9 59 (1.83%) Corporate Banking
10 56 (1.73%) Legal
11 40 (1.24%) International Banking
12 31 (0.96%) Law
13 23 (0.71%) Private Banking
13 23 (0.71%) Publishing
14 20 (0.62%) Public Sector
15 16 (0.50%) Games
16 13 (0.40%) Electronics
17 10 (0.31%) French Language
18 8 (0.25%) General Ledger
Job Titles
1 1,128 (34.92%) Developer
2 479 (14.83%) Analyst
3 341 (10.56%) Java Developer
4 242 (7.49%) Architect
5 236 (7.31%) Senior Developer
6 212 (6.56%) Business Analyst
7 144 (4.46%) Project Manager
8 132 (4.09%) DevOps Engineer
9 118 (3.65%) Banking Analyst
9 118 (3.65%) C# Developer
10 116 (3.59%) Senior Java Developer
11 114 (3.53%) Consultant
12 100 (3.10%) Python Developer
12 100 (3.10%) SQL Developer
13 92 (2.85%) .NET Developer
14 74 (2.29%) Full Stack Developer
15 73 (2.26%) Java Engineer
16 72 (2.23%) Solutions Architect
17 71 (2.20%) React Developer
18 68 (2.11%) Angular Developer
Libraries, Frameworks & Software Standards
1 246 (7.62%) .NET
2 222 (6.87%) AngularJS
3 186 (5.76%) HTML
4 162 (5.02%) React
5 158 (4.89%) Spring
6 156 (4.83%) Web Services
7 136 (4.21%) CSS
8 129 (3.99%) Spring Boot
9 125 (3.87%) Kafka
9 125 (3.87%) Node.js
10 118 (3.65%) REST
11 117 (3.62%) RESTful
12 99 (3.07%) HTML5
13 71 (2.20%) J2EE
14 59 (1.83%) JSON
15 55 (1.70%) Redux
16 53 (1.64%) SOAP
17 52 (1.61%) FIX Protocol
18 50 (1.55%) XML
19 47 (1.46%) Hibernate
Miscellaneous
1 256 (7.93%) Analytical Skills
2 207 (6.41%) Derivative
3 195 (6.04%) Foreign Exchange (FX)
4 164 (5.08%) Fixed Income
5 143 (4.43%) Equities
6 141 (4.37%) User Experience
7 125 (3.87%) Data Centre
8 96 (2.97%) Greenfield Project
9 81 (2.51%) Hedge funds
10 66 (2.04%) Equity Derivative
11 63 (1.95%) Virtual Team
12 62 (1.92%) Mobile App
13 60 (1.86%) Credit Risk
14 54 (1.67%) Public Cloud
15 53 (1.64%) Data Structures
15 53 (1.64%) Management Information System
16 49 (1.52%) Mobile Banking
17 45 (1.39%) Self-Motivation
18 39 (1.21%) Market Risk
19 38 (1.18%) Algorithms
Operating Systems
1 266 (8.24%) Windows
2 215 (6.66%) Linux
3 139 (4.30%) Unix
4 123 (3.81%) Windows 10
5 78 (2.41%) Windows 7
6 75 (2.32%) Android
7 66 (2.04%) Apple iOS
8 54 (1.67%) Windows Server
9 33 (1.02%) Red Hat Enterprise Linux
10 21 (0.65%) Windows Server 2012
11 20 (0.62%) Solaris
12 16 (0.50%) CentOS
13 13 (0.40%) Windows Server 2008
14 12 (0.37%) CoreOS
15 8 (0.25%) HPUX
16 6 (0.19%) Mac OS
16 6 (0.19%) Mac OS X
17 4 (0.12%) AIX
17 4 (0.12%) Check Point GAiA
17 4 (0.12%) Ubuntu
Processes & Methodologies
1 941 (29.13%) Agile Software Development
2 372 (11.52%) DevOps
3 337 (10.43%) Microservices
4 299 (9.26%) TDD
5 251 (7.77%) Stakeholder Management
6 248 (7.68%) Scrum
7 242 (7.49%) Problem-Solving
8 235 (7.28%) Migration
9 197 (6.10%) Analytics
10 192 (5.94%) Software Engineering
11 188 (5.82%) Project Management
12 187 (5.79%) Test Automation
13 172 (5.33%) SDLC
14 167 (5.17%) Asset Management
15 165 (5.11%) BDD
15 165 (5.11%) Fintech
16 155 (4.80%) Continuous Integration
17 134 (4.15%) Change Management
18 129 (3.99%) ITIL
18 129 (3.99%) Workflow
Programming Languages
1 806 (24.95%) Java
2 557 (17.24%) SQL
3 396 (12.26%) Python
4 353 (10.93%) JavaScript
5 267 (8.27%) C#
6 111 (3.44%) Scala
7 94 (2.91%) Java 8
8 90 (2.79%) Kotlin
9 89 (2.76%) C++
10 85 (2.63%) PowerShell
10 85 (2.63%) TypeScript
11 59 (1.83%) PL/SQL
12 56 (1.73%) VBA
13 53 (1.64%) Perl
14 50 (1.55%) R
15 45 (1.39%) Go
15 45 (1.39%) T-SQL
16 39 (1.21%) C
17 33 (1.02%) VB.NET
18 30 (0.93%) Groovy
Qualifications
1 165 (5.11%) Degree
2 49 (1.52%) Security Cleared
3 46 (1.42%) SC Cleared
4 33 (1.02%) Cisco Certification
5 30 (0.93%) CISSP
6 27 (0.84%) CCNP
7 24 (0.74%) Computer Science Degree
7 24 (0.74%) ISTQB
8 22 (0.68%) CCNA
9 20 (0.62%) ITIL Certification
10 17 (0.53%) PMI Certification
11 15 (0.46%) ISEB
12 14 (0.43%) CISM
13 12 (0.37%) Numerate Degree
14 11 (0.34%) PMP
15 10 (0.31%) CISA
15 10 (0.31%) Microsoft Certification
16 8 (0.25%) OCA
16 8 (0.25%) OCP
16 8 (0.25%) Oracle Certification
Quality Assurance & Compliance
1 99 (3.07%) QA
2 76 (2.35%) PMO
3 42 (1.30%) MiFID
4 37 (1.15%) Data Quality
5 32 (0.99%) SLA
6 29 (0.90%) PSD2
7 24 (0.74%) ISO/IEC 27001
8 21 (0.65%) GDPR
9 15 (0.46%) SEPA
10 14 (0.43%) EMIR
11 13 (0.40%) IFRS
12 12 (0.37%) IFRS 9
13 9 (0.28%) COBIT
14 8 (0.25%) COREP
14 8 (0.25%) NIST
15 7 (0.22%) Dodd-Frank
16 5 (0.15%) CRD IV
16 5 (0.15%) PCI DSS
17 4 (0.12%) Basel II
17 4 (0.12%) FINREP
System Software
1 234 (7.24%) Docker
2 122 (3.78%) Active Directory
3 34 (1.05%) VMware Infrastructure
4 17 (0.53%) Virtual Machines
5 14 (0.43%) XenDesktop
6 12 (0.37%) XenApp
7 10 (0.31%) HDFS
7 10 (0.31%) vSphere
8 9 (0.28%) LXC
8 9 (0.28%) Oracle RAC
9 7 (0.22%) Citrix Hypervisor
9 7 (0.22%) VMware ESXi
10 6 (0.19%) Hyper-V
11 5 (0.15%) NFS
11 5 (0.15%) Virtual Desktop
11 5 (0.15%) VMware NSX
12 4 (0.12%) Gluster
12 4 (0.12%) GlusterFS
13 3 (0.093%) OpenAM
13 3 (0.093%) OpenDJ
Systems Management
1 242 (7.49%) Kubernetes
2 128 (3.96%) Ansible
3 111 (3.44%) Terraform
4 50 (1.55%) Puppet
5 37 (1.15%) SCCM
6 36 (1.11%) Opscode Chef
7 21 (0.65%) Grafana
8 15 (0.46%) Nagios
9 14 (0.43%) Cacti
9 14 (0.43%) Cisco Prime
9 14 (0.43%) NetMRI
9 14 (0.43%) Statseeker
9 14 (0.43%) ZABBIX
10 13 (0.40%) Control-M
10 13 (0.40%) Kibana
11 12 (0.37%) Single Sign-On
12 11 (0.34%) HP Quality Center
13 9 (0.28%) Data Guard
13 9 (0.28%) Hadoop YARN
13 9 (0.28%) ITRS Geneos
Vendors
1 251 (7.77%) Oracle
2 250 (7.74%) Microsoft
3 130 (4.02%) Google
4 84 (2.60%) Cisco
5 68 (2.11%) HP
6 65 (2.01%) VMware
7 52 (1.61%) Dell
8 50 (1.55%) SAP
9 47 (1.46%) Sybase
10 46 (1.42%) IBM
11 41 (1.27%) Red Hat
11 41 (1.27%) Tableau
12 40 (1.24%) Citrix
13 38 (1.18%) MuleSoft
14 34 (1.05%) Adobe
14 34 (1.05%) Salesforce.com
14 34 (1.05%) Splunk
15 31 (0.96%) Bloomberg
16 30 (0.93%) Juniper
17 26 (0.80%) Informatica