Period
to 24 October 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 24 October 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
24 Oct 2020
Same period 2019 Same period 2018
Rank 17 29 22
Rank change year-on-year +12 -7 -12
Contract jobs citing Banking 2,236 4,514 6,878
As % of all contract jobs advertised in England 8.18% 5.86% 7.27%
As % of the General category 19.50% 15.27% 18.14%
Number of daily rates quoted 1,750 3,225 5,009
Median daily rate £550 £550 £550
10th Percentile £363 £350 £363
90th Percentile £750 £725 £725
UK median daily rate £550 £540 £538
% change year-on-year +1.85% +0.47% +4.88%
Number of hourly rates quoted 32 37 74
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +24.67%
10th Percentile £15.04 £16.15 £12.65
90th Percentile £62.90 £46.00 £22.93
UK median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +24.67%

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 11,465 29,569 37,913
As % of all contract IT jobs advertised in England 41.93% 38.37% 40.08%
Number of daily rates quoted 7,483 19,282 25,093
Median daily rate £500 £495 £475
Median daily rate % change year-on-year +1.01% +4.21% +1.06%
10th Percentile £300 £300 £300
90th Percentile £713 £688 £675
UK median daily rate £500 £480 £475
% change year-on-year +4.28% +0.95% +5.56%
Number of hourly rates quoted 401 885 1,024
Median hourly rate £30.00 £22.00 £22.00
Median hourly rate % change year-on-year +36.36% - -2.22%
10th Percentile £12.75 £12.50 £12.25
90th Percentile £52.50 £50.00 £48.75
Median hourly rate £29.95 £21.99 £21.00
% change year-on-year +36.18% +4.71% -6.67%

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 24 October 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 24 October 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 24 October 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 1,932 £575 +0.88% 295
North of England +2 146 £425 -5.56% 78
North West +8 84 £400 -11.11% 28
Midlands +72 70 £360 -15.29% 13
Yorkshire +8 60 £450 - 43
East Midlands +56 47 £315 -21.25% 6
South East -22 30 £480 +4.07% 6
West Midlands +41 20 £450 - 7
South West +8 13 £450 -5.26% 4
East of England +50 11 £415 +0.55% 6
North East +7 2 £388 -13.89% 7
Banking
UK

For the 6 months to 24 October 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 1,174 (52.50%) Finance
2 805 (36.00%) Java
3 739 (33.05%) Investment Banking
4 718 (32.11%) Agile Software Development
5 529 (23.66%) Python
6 492 (22.00%) SQL
7 480 (21.47%) Front Office
8 398 (17.80%) AWS
9 380 (16.99%) DevOps
10 320 (14.31%) Azure
11 303 (13.55%) Web Services
12 301 (13.46%) Microservices
13 286 (12.79%) Fixed Income
14 285 (12.75%) JavaScript
15 278 (12.43%) SQL Server
16 276 (12.34%) Software Engineering
17 274 (12.25%) Asset Management
18 263 (11.76%) Foreign Exchange (FX)
19 258 (11.54%) GCP
20 235 (10.51%) C#
21 223 (9.97%) Investment Management
21 223 (9.97%) AngularJS
22 222 (9.93%) Jenkins
23 220 (9.84%) Oracle
24 214 (9.57%) Hedge funds
25 211 (9.44%) Derivative
26 206 (9.21%) Kubernetes
27 194 (8.68%) Linux
28 192 (8.59%) React
29 188 (8.41%) Change Management

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
1 101 (4.52%) Apache
2 84 (3.76%) Confluence
3 65 (2.91%) Apache Spark
4 49 (2.19%) Mule
5 31 (1.39%) Red Hat Fuse
6 27 (1.21%) SharePoint
7 24 (1.07%) Elasticsearch
8 16 (0.72%) JBoss
9 15 (0.67%) Cloud Foundry
10 14 (0.63%) IIS
11 13 (0.58%) Skype for Business
12 12 (0.54%) MS Exchange
13 11 (0.49%) MTS
13 11 (0.49%) WebSphere
14 8 (0.36%) CMS
15 7 (0.31%) Appian
15 7 (0.31%) nginx
16 6 (0.27%) MQSeries
17 5 (0.22%) Adobe Experience Manager
17 5 (0.22%) SharePoint 2013
Applications
1 64 (2.86%) Microsoft Excel
2 25 (1.12%) Microsoft Office
3 19 (0.85%) MS Visio
4 18 (0.81%) Microsoft PowerPoint
5 10 (0.45%) Chatbot
6 9 (0.40%) Sketch
6 9 (0.40%) Spreadsheet
7 8 (0.36%) Microsoft Project
8 5 (0.22%) InVision
9 4 (0.18%) Adobe Illustrator
10 3 (0.13%) Figma
10 3 (0.13%) Photoshop
11 1 (0.045%) Adobe Creative Suite
11 1 (0.045%) InDesign
Business Applications
1 22 (0.98%) ION MarketView
2 15 (0.67%) SunGard Martini
3 11 (0.49%) Bloomberg TOMS
3 11 (0.49%) Temenos T24
4 6 (0.27%) HiPortfolio
5 5 (0.22%) RMDS
6 4 (0.18%) Sparx Enterprise Architect
7 3 (0.13%) Distributed Ledger
7 3 (0.13%) Misys Midas
7 3 (0.13%) Summit
8 2 (0.089%) Advent Geneva
8 2 (0.089%) BASE24
8 2 (0.089%) Dynamics CRM
8 2 (0.089%) Endur
8 2 (0.089%) Loan IQ
8 2 (0.089%) Oracle Payables
8 2 (0.089%) Payment Gateway
8 2 (0.089%) Temenos Globus
9 1 (0.045%) Refinitiv Enterprise Platform
9 1 (0.045%) Siebel CRM
Cloud Services
1 398 (17.80%) AWS
2 320 (14.31%) Azure
3 258 (11.54%) GCP
4 140 (6.26%) Serverless
5 133 (5.95%) AWS Lambda
6 93 (4.16%) Amazon ECS
7 80 (3.58%) Apigee
8 52 (2.33%) GitHub
9 40 (1.79%) Amazon EC2
10 39 (1.74%) PaaS
11 34 (1.52%) Amazon S3
12 33 (1.48%) Office 365
13 29 (1.30%) IaaS
13 29 (1.30%) SaaS
14 27 (1.21%) OpenShift
15 24 (1.07%) AWS CloudFormation
16 22 (0.98%) Power Platform
17 19 (0.85%) Cloud Computing
18 16 (0.72%) Slack
19 15 (0.67%) Azure Functions
Communications & Networking
1 58 (2.59%) Firewall
2 27 (1.21%) Internet
3 19 (0.85%) DNS
4 18 (0.81%) SSL
4 18 (0.81%) TCP/IP
5 14 (0.63%) Network Security
6 13 (0.58%) HTTP
6 13 (0.58%) Multicast
7 12 (0.54%) Kerberos
7 12 (0.54%) Skype
8 11 (0.49%) VPN
9 10 (0.45%) LAN
9 10 (0.45%) WAN
10 9 (0.40%) FIX Connectivity
10 9 (0.40%) HTTPS
11 8 (0.36%) Cisco Wireless
11 8 (0.36%) DMZ
11 8 (0.36%) SNMP
11 8 (0.36%) Wireless
12 7 (0.31%) F5 BIG-IP GTM
Database & Business Intelligence
1 278 (12.43%) SQL Server
2 123 (5.50%) MySQL
3 114 (5.10%) PostgreSQL
4 103 (4.61%) Relational Database
5 87 (3.89%) Data Warehouse
6 84 (3.76%) MongoDB
7 82 (3.67%) NoSQL
8 81 (3.62%) Amazon Redshift
9 63 (2.82%) Big Data
10 46 (2.06%) Oracle Database
11 45 (2.01%) Hadoop
12 44 (1.97%) SQL Server Integration Services
13 33 (1.48%) Amazon DynamoDB
13 33 (1.48%) RDBMS
14 32 (1.43%) SQL Server Reporting Services
15 26 (1.16%) Hazelcast
16 25 (1.12%) Apache Cassandra
16 25 (1.12%) SQL Server Analysis Services
17 21 (0.94%) Oracle Database 12c
17 21 (0.94%) Tableau
Development Applications
1 222 (9.93%) Jenkins
2 179 (8.01%) Git (software)
3 176 (7.87%) JIRA
4 84 (3.76%) Artifactory
5 75 (3.35%) GitLab
6 61 (2.73%) Maven
7 59 (2.64%) Subversion
8 54 (2.42%) Cucumber
9 53 (2.37%) JUnit
10 44 (1.97%) TeamCity
11 43 (1.92%) RStudio
12 36 (1.61%) Selenium
13 29 (1.30%) Sonatype Nexus
14 26 (1.16%) Visual Studio
15 21 (0.94%) Mockito
16 19 (0.85%) Bitbucket
17 17 (0.76%) Hudson
18 15 (0.67%) Atlassian Bamboo
18 15 (0.67%) Eclipse
18 15 (0.67%) Gradle
General
1 1,174 (52.50%) Finance
2 739 (33.05%) Investment Banking
3 480 (21.47%) Front Office
4 96 (4.29%) Retail Banking
5 82 (3.67%) Back Office
6 70 (3.13%) Financial Institution
7 50 (2.24%) Retail
8 33 (1.48%) International Banking
9 29 (1.30%) French Language
10 27 (1.21%) Corporate Banking
10 27 (1.21%) Legal
11 18 (0.81%) Marketing
12 12 (0.54%) Telecoms
13 10 (0.45%) Private Banking
14 9 (0.40%) Advertising
14 9 (0.40%) Public Sector
15 8 (0.36%) Law
16 4 (0.18%) Wholesale Banking
17 3 (0.13%) Games
17 3 (0.13%) Manufacturing
Job Titles
1 1,015 (45.39%) Developer
2 391 (17.49%) Java Developer
3 260 (11.63%) Analyst
4 183 (8.18%) Architect
5 157 (7.02%) Senior Developer
6 140 (6.26%) Business Analyst
7 139 (6.22%) AWS Developer
8 138 (6.17%) AWS Engineer
9 118 (5.28%) Python Developer
10 115 (5.14%) Software Engineer
11 111 (4.96%) Developer/Software Engineer
12 95 (4.25%) Senior Java Developer
13 92 (4.11%) Java Engineer
14 89 (3.98%) SQL Developer
15 88 (3.94%) C# Developer
16 83 (3.71%) Project Manager
17 79 (3.53%) Solutions Architect
18 78 (3.49%) JavaScript Developer
19 72 (3.22%) AWS Software Engineer
19 72 (3.22%) Front Office Developer
Libraries, Frameworks & Software Standards
1 303 (13.55%) Web Services
2 223 (9.97%) AngularJS
3 192 (8.59%) React
4 183 (8.18%) Spring
5 164 (7.33%) .NET
6 148 (6.62%) REST
7 112 (5.01%) HTML
8 111 (4.96%) Node.js
9 106 (4.74%) Kafka
10 104 (4.65%) Vue.js
11 92 (4.11%) gRPC
12 91 (4.07%) Middleware
13 85 (3.80%) CSS
14 81 (3.62%) Swagger
15 78 (3.49%) Spring Boot
16 76 (3.40%) OAuth
17 54 (2.42%) XML
18 53 (2.37%) HTML5
19 49 (2.19%) Apache Camel
19 49 (2.19%) JSON
Miscellaneous
1 286 (12.79%) Fixed Income
2 263 (11.76%) Foreign Exchange (FX)
3 214 (9.57%) Hedge funds
4 211 (9.44%) Derivative
5 168 (7.51%) Equities
6 128 (5.72%) Analytical Skills
7 79 (3.53%) Greenfield Project
8 74 (3.31%) User Experience
9 53 (2.37%) Mobile App
10 44 (1.97%) Credit Risk
11 39 (1.74%) Mobile Banking
12 38 (1.70%) Virtual Team
13 34 (1.52%) Management Information System
14 29 (1.30%) Data Structures
15 27 (1.21%) Market Risk
16 26 (1.16%) Public Cloud
17 24 (1.07%) Blog
18 23 (1.03%) Algorithms
18 23 (1.03%) Data Centre
19 21 (0.94%) Enterprise Software
Operating Systems
1 194 (8.68%) Linux
2 154 (6.89%) Windows
3 108 (4.83%) Unix
4 49 (2.19%) Android
5 41 (1.83%) Apple iOS
6 27 (1.21%) Windows Server
7 25 (1.12%) Windows 10
8 18 (0.81%) Red Hat Enterprise Linux
9 13 (0.58%) Windows Server 2012
10 11 (0.49%) Windows Server 2016
11 10 (0.45%) Windows 7
12 6 (0.27%) Windows Server 2008
12 6 (0.27%) Windows Server 2019
13 5 (0.22%) AIX
13 5 (0.22%) Solaris
14 3 (0.13%) Windows XP
14 3 (0.13%) zOS
15 2 (0.089%) Mac OS
15 2 (0.089%) VMS
16 1 (0.045%) Mac OS X
Processes & Methodologies
1 718 (32.11%) Agile Software Development
2 380 (16.99%) DevOps
3 301 (13.46%) Microservices
4 276 (12.34%) Software Engineering
5 274 (12.25%) Asset Management
6 223 (9.97%) Investment Management
7 188 (8.41%) Change Management
8 167 (7.47%) TDD
9 163 (7.29%) Multithreading
9 163 (7.29%) Test Automation
10 162 (7.25%) Problem-Solving
11 155 (6.93%) Scrum
12 145 (6.48%) Business Analysis
13 137 (6.13%) Digital Transformation Programme
14 130 (5.81%) Electronic Trading
15 122 (5.46%) Stakeholder Management
16 114 (5.10%) Risk Management
17 113 (5.05%) Migration
18 109 (4.87%) Analytics
19 108 (4.83%) SDLC
Programming Languages
1 805 (36.00%) Java
2 529 (23.66%) Python
3 492 (22.00%) SQL
4 285 (12.75%) JavaScript
5 235 (10.51%) C#
6 130 (5.81%) C++
7 102 (4.56%) Kotlin
8 66 (2.95%) TypeScript
9 64 (2.86%) Java 8
10 58 (2.59%) Scala
11 56 (2.50%) PowerShell
12 45 (2.01%) VBA
13 41 (1.83%) T-SQL
14 32 (1.43%) Perl
14 32 (1.43%) Shell Script
15 28 (1.25%) Bash Shell
16 19 (0.85%) PL/SQL
16 19 (0.85%) R
17 18 (0.81%) Go
17 18 (0.81%) Groovy
Qualifications
1 106 (4.74%) Degree
2 37 (1.65%) Computer Science Degree
3 32 (1.43%) Security Cleared
4 27 (1.21%) SC Cleared
5 25 (1.12%) Sun Certification
6 15 (0.67%) TOGAF Certification
7 13 (0.58%) CISSP
7 13 (0.58%) Numerate Degree
8 11 (0.49%) Master's Degree
8 11 (0.49%) PhD
9 10 (0.45%) Cisco Certification
10 9 (0.40%) Microsoft Certification
11 8 (0.36%) CCNP
12 7 (0.31%) CISM
13 6 (0.27%) MCSE
13 6 (0.27%) PMI Certification
13 6 (0.27%) PMP
14 5 (0.22%) PRINCE2 Certification
15 4 (0.18%) MCSA
16 3 (0.13%) ISEB
Quality Assurance & Compliance
1 56 (2.50%) QA
2 37 (1.65%) PMO
3 28 (1.25%) Data Quality
4 20 (0.89%) PSD2
5 19 (0.85%) MiFID
6 16 (0.72%) SLA
7 14 (0.63%) GDPR
8 13 (0.58%) ISO/IEC 27001
8 13 (0.58%) NIST
9 7 (0.31%) COREP
9 7 (0.31%) IFRS
9 7 (0.31%) ISO 20022
9 7 (0.31%) SEPA
10 6 (0.27%) TARGET2
11 5 (0.22%) WCAG
12 4 (0.18%) Basel III
12 4 (0.18%) COBIT
12 4 (0.18%) FINREP
12 4 (0.18%) Sarbanes-Oxley
13 3 (0.13%) EMIR
System Software
1 179 (8.01%) Docker
2 66 (2.95%) Active Directory
3 24 (1.07%) VMware Infrastructure
4 12 (0.54%) VMware ESXi
5 8 (0.36%) HDFS
6 7 (0.31%) Virtual Machines
7 6 (0.27%) Microsoft App-V
7 6 (0.27%) XenApp
8 5 (0.22%) XenDesktop
9 4 (0.18%) Apache ZooKeeper
9 4 (0.18%) Oracle RAC
10 3 (0.13%) GridGain
10 3 (0.13%) NFS
10 3 (0.13%) Time Sharing Option
11 2 (0.089%) Firmware
11 2 (0.089%) Virtual Desktop
11 2 (0.089%) vSphere
12 1 (0.045%) Active Directory Lightweight Directory Services
12 1 (0.045%) Virtual Servers
12 1 (0.045%) VMware NSX
Systems Management
1 206 (9.21%) Kubernetes
2 75 (3.35%) Ansible
3 56 (2.50%) Terraform
4 29 (1.30%) Opscode Chef
5 22 (0.98%) Puppet
6 16 (0.72%) Prometheus
7 13 (0.58%) SCCM
8 12 (0.54%) Single Sign-On
9 9 (0.40%) Control-M
9 9 (0.40%) ITRS Geneos
9 9 (0.40%) Netcool
10 8 (0.36%) BladeLogic
10 8 (0.36%) Grafana
10 8 (0.36%) Tivoli
11 6 (0.27%) Foglight
11 6 (0.27%) FortiGate
11 6 (0.27%) HP ALM
11 6 (0.27%) Microsoft Intune
11 6 (0.27%) Netcool/OMNIbus
11 6 (0.27%) Netcool/Webtop
Vendors
1 220 (9.84%) Oracle
2 188 (8.41%) Google
3 120 (5.37%) Microsoft
4 63 (2.82%) Splunk
5 45 (2.01%) ION Trading
6 42 (1.88%) IBM
7 39 (1.74%) Sybase
8 38 (1.70%) Cisco
9 31 (1.39%) Bloomberg
9 31 (1.39%) VMware
10 25 (1.12%) AppDynamics
10 25 (1.12%) Murex
11 23 (1.03%) Red Hat
12 22 (0.98%) F5
13 21 (0.94%) ServiceNow
14 20 (0.89%) CA Agile Central
14 20 (0.89%) MuleSoft
15 18 (0.81%) SunGard
16 16 (0.72%) Atlassian
16 16 (0.72%) Citrix