Period
to 4 August 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 4 August 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
4 Aug 2020
Same period 2019 Same period 2018
Rank 21 24 23
Rank change year-on-year +3 -1 -12
Contract jobs citing Banking 2,236 5,401 6,896
As % of all contract jobs advertised in England 7.03% 6.50% 7.29%
As % of the General category 17.32% 16.52% 18.02%
Number of daily rates quoted 1,628 3,757 4,861
Median daily rate £550 £550 £550
10th Percentile £363 £360 £355
90th Percentile £763 £713 £725
UK median daily rate £550 £525 £525
% change year-on-year +4.76% - +5.00%
Number of hourly rates quoted 38 44 70
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +24.67%
10th Percentile £13.51 £16.33 £13.25
90th Percentile £65.21 £33.50 £30.00
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 12,909 32,701 38,271
As % of all contract IT jobs advertised in England 40.60% 39.36% 40.48%
Number of daily rates quoted 8,311 21,394 25,250
Median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £300 £306 £300
90th Percentile £713 £675 £675
UK median daily rate £500 £488 £475
% change year-on-year +2.56% +2.63% +5.56%
Number of hourly rates quoted 469 863 973
Median hourly rate £31.39 £23.00 £22.65
Median hourly rate % change year-on-year +36.48% +1.55% +5.35%
10th Percentile £12.88 £12.65 £12.25
90th Percentile £52.50 £50.00 £48.75
Median hourly rate £30.54 £22.83 £21.90
% change year-on-year +33.76% +4.25% -0.45%

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 4 August 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 4 August 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 4 August 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 +3 1,885 £593 +7.82% 214
North of England -11 168 £425 -5.56% 69
North West 0 94 £387 -14.00% 20
Midlands +42 70 £187 -56.00% 14
Yorkshire -9 65 £500 +11.11% 40
South East -34 53 £525 +10.76% 11
East Midlands +44 51 £170 -57.76% 11
South West -35 34 £413 -12.93% 5
West Midlands +33 17 £401 -5.59% 3
North East +8 9 £450 +20.40% 9
East of England +44 8 £425 - 3
Banking
UK

For the 6 months to 4 August 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 1,181 (52.82%) Finance
2 785 (35.11%) Java
3 726 (32.47%) Investment Banking
4 705 (31.53%) Agile Software Development
5 493 (22.05%) Python
6 480 (21.47%) Front Office
7 442 (19.77%) SQL
8 365 (16.32%) DevOps
9 362 (16.19%) AWS
10 311 (13.91%) JavaScript
11 304 (13.60%) Foreign Exchange (FX)
12 298 (13.33%) Fixed Income
13 284 (12.70%) Azure
14 280 (12.52%) Web Services
15 269 (12.03%) Software Engineering
16 257 (11.49%) Asset Management
17 253 (11.31%) C#
17 253 (11.31%) SQL Server
18 225 (10.06%) Oracle
19 219 (9.79%) Microservices
20 217 (9.70%) GCP
21 214 (9.57%) Derivative
22 211 (9.44%) AngularJS
23 203 (9.08%) React
24 202 (9.03%) Hedge funds
25 196 (8.77%) TDD
26 193 (8.63%) Investment Management
26 193 (8.63%) Problem-Solving
27 188 (8.41%) Kubernetes
28 183 (8.18%) Windows

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 (3.67%) Apache
2 67 (3.00%) Confluence
3 66 (2.95%) Apache Spark
4 34 (1.52%) Mule
5 27 (1.21%) SharePoint
6 22 (0.98%) Elasticsearch
7 19 (0.85%) WebSphere
8 15 (0.67%) Tomcat
9 13 (0.58%) MS Exchange
9 13 (0.58%) Red Hat Fuse
10 11 (0.49%) JBoss
11 9 (0.40%) IIS
11 9 (0.40%) nginx
12 8 (0.36%) Apache Airflow
12 8 (0.36%) Oracle Workflow
12 8 (0.36%) Skype for Business
12 8 (0.36%) WebLogic
13 7 (0.31%) CMS
14 6 (0.27%) SAS
14 6 (0.27%) WebSphere Application Server
Applications
1 77 (3.44%) Microsoft Excel
2 40 (1.79%) Microsoft Office
3 12 (0.54%) Spreadsheet
4 10 (0.45%) Microsoft PowerPoint
4 10 (0.45%) MS Visio
5 9 (0.40%) Chatbot
5 9 (0.40%) Sketch
6 6 (0.27%) Microsoft Project
7 5 (0.22%) Adobe Illustrator
8 3 (0.13%) Photoshop
9 2 (0.089%) Figma
10 1 (0.045%) AutoCAD
10 1 (0.045%) InDesign
10 1 (0.045%) InVision
10 1 (0.045%) Revit
Business Applications
1 14 (0.63%) ION MarketView
2 13 (0.58%) Misys Midas
3 7 (0.31%) SunGard Martini
4 5 (0.22%) Bloomberg TOMS
4 5 (0.22%) Distributed Ledger
4 5 (0.22%) Dynamics CRM
5 4 (0.18%) Oracle Procure-to-Pay
6 3 (0.13%) Oracle Payables
6 3 (0.13%) Oracle Receivables
6 3 (0.13%) RMDS
7 2 (0.089%) Eikon
7 2 (0.089%) Loan IQ
7 2 (0.089%) Markit EDM
7 2 (0.089%) Oracle Assets
7 2 (0.089%) Oracle Cash Management
7 2 (0.089%) Oracle General Ledger
7 2 (0.089%) PolarLake
7 2 (0.089%) Summit
8 1 (0.045%) Oracle BPM
8 1 (0.045%) Oracle Subledger Accounting
Cloud Services
1 362 (16.19%) AWS
2 284 (12.70%) Azure
3 217 (9.70%) GCP
4 111 (4.96%) Serverless
5 102 (4.56%) AWS Lambda
6 74 (3.31%) Amazon ECS
7 57 (2.55%) Apigee
8 41 (1.83%) OpenShift
9 31 (1.39%) GitHub
10 30 (1.34%) SaaS
11 29 (1.30%) Amazon EC2
12 27 (1.21%) PaaS
13 25 (1.12%) Office 365
14 23 (1.03%) Amazon S3
15 21 (0.94%) AWS CloudFormation
15 21 (0.94%) Azure Functions
15 21 (0.94%) Power Platform
16 18 (0.81%) IaaS
17 16 (0.72%) Cloud Computing
18 12 (0.54%) Amazon EKS
Communications & Networking
1 47 (2.10%) Firewall
2 27 (1.21%) DNS
3 20 (0.89%) Internet
4 18 (0.81%) Network Security
5 17 (0.76%) HTTP
5 17 (0.76%) SSL
6 14 (0.63%) TCP/IP
6 14 (0.63%) X.509
7 12 (0.54%) RTMP
8 10 (0.45%) Intranet
8 10 (0.45%) LAN
9 8 (0.36%) Skype
10 7 (0.31%) HTTPS
10 7 (0.31%) Kerberos
10 7 (0.31%) SAN
11 6 (0.27%) FTP
11 6 (0.27%) S/MIME
11 6 (0.27%) VPN
12 5 (0.22%) WAN
13 4 (0.18%) Broadband
Database & Business Intelligence
1 253 (11.31%) SQL Server
2 101 (4.52%) Data Warehouse
3 100 (4.47%) Relational Database
4 91 (4.07%) MySQL
5 89 (3.98%) PostgreSQL
6 73 (3.26%) Big Data
7 71 (3.18%) MongoDB
8 63 (2.82%) NoSQL
9 59 (2.64%) Amazon Redshift
10 44 (1.97%) SQL Server Reporting Services
11 43 (1.92%) Hadoop
12 42 (1.88%) Oracle Database
13 35 (1.57%) SQL Server Integration Services
14 27 (1.21%) RDBMS
15 23 (1.03%) Amazon DynamoDB
16 21 (0.94%) Power BI
16 21 (0.94%) Spotfire
17 20 (0.89%) Redis
18 19 (0.85%) Hazelcast
18 19 (0.85%) OLAP
Development Applications
1 167 (7.47%) Jenkins
2 155 (6.93%) Git (software)
3 152 (6.80%) JIRA
4 68 (3.04%) JUnit
5 63 (2.82%) Subversion
6 61 (2.73%) Artifactory
6 61 (2.73%) Maven
7 56 (2.50%) GitLab
7 56 (2.50%) RStudio
8 50 (2.24%) TeamCity
9 37 (1.65%) Selenium
10 36 (1.61%) Cucumber
11 27 (1.21%) Visual Studio
12 22 (0.98%) Mockito
12 22 (0.98%) Sonatype Nexus
13 18 (0.81%) NUnit
14 17 (0.76%) Ant
14 17 (0.76%) Bitbucket
14 17 (0.76%) Gradle
14 17 (0.76%) Hudson
General
1 1,181 (52.82%) Finance
2 726 (32.47%) Investment Banking
3 480 (21.47%) Front Office
4 92 (4.11%) Back Office
5 89 (3.98%) Retail Banking
6 56 (2.50%) Retail
7 51 (2.28%) Financial Institution
8 31 (1.39%) Corporate Banking
8 31 (1.39%) International Banking
9 30 (1.34%) Legal
10 27 (1.21%) Telecoms
11 19 (0.85%) French Language
12 16 (0.72%) Public Sector
13 15 (0.67%) Marketing
14 8 (0.36%) Private Banking
15 7 (0.31%) Law
16 6 (0.27%) Prime Brokerage
17 4 (0.18%) Billing
17 4 (0.18%) Games
17 4 (0.18%) German Language
Job Titles
1 1,022 (45.71%) Developer
2 374 (16.73%) Java Developer
3 264 (11.81%) Analyst
4 164 (7.33%) Senior Developer
5 152 (6.80%) Python Developer
6 144 (6.44%) AWS Developer
7 140 (6.26%) Architect
8 130 (5.81%) AWS Engineer
9 124 (5.55%) Business Analyst
10 105 (4.70%) Project Manager
11 104 (4.65%) C# Developer
12 96 (4.29%) Senior Java Developer
13 92 (4.11%) Software Engineer
14 78 (3.49%) Developer/Software Engineer
15 74 (3.31%) Java Engineer
16 73 (3.26%) Front Office Developer
17 67 (3.00%) SQL Developer
18 58 (2.59%) Consultant
19 54 (2.42%) Banking Analyst
20 53 (2.37%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 280 (12.52%) Web Services
2 211 (9.44%) AngularJS
3 203 (9.08%) React
4 178 (7.96%) .NET
5 160 (7.16%) Spring
6 134 (5.99%) HTML
7 114 (5.10%) Vue.js
8 100 (4.47%) CSS
9 96 (4.29%) REST
10 83 (3.71%) Middleware
11 82 (3.67%) Node.js
12 68 (3.04%) HTML5
13 67 (3.00%) gRPC
14 62 (2.77%) Kafka
14 62 (2.77%) Swagger
15 61 (2.73%) RESTful
16 60 (2.68%) Spring Boot
17 59 (2.64%) WPF
18 58 (2.59%) OAuth
19 54 (2.42%) J2EE
Miscellaneous
1 304 (13.60%) Foreign Exchange (FX)
2 298 (13.33%) Fixed Income
3 214 (9.57%) Derivative
4 202 (9.03%) Hedge funds
5 177 (7.92%) Equities
6 138 (6.17%) Analytical Skills
7 82 (3.67%) User Experience
8 78 (3.49%) Greenfield Project
9 57 (2.55%) Credit Risk
10 42 (1.88%) Data Structures
11 41 (1.83%) Mobile App
12 35 (1.57%) Data Centre
13 32 (1.43%) Algorithms
14 29 (1.30%) Management Information System
15 28 (1.25%) Market Risk
15 28 (1.25%) Mobile Banking
16 27 (1.21%) Self-Motivation
16 27 (1.21%) Virtual Team
17 21 (0.94%) Enterprise Software
18 19 (0.85%) PKI
Operating Systems
1 183 (8.18%) Windows
2 178 (7.96%) Linux
3 102 (4.56%) Unix
4 48 (2.15%) Windows Server
5 41 (1.83%) Android
6 36 (1.61%) Apple iOS
7 35 (1.57%) Windows 10
8 25 (1.12%) Red Hat Enterprise Linux
9 22 (0.98%) Windows Server 2012
10 21 (0.94%) Windows 7
10 21 (0.94%) Windows Server 2016
11 9 (0.40%) Solaris
12 4 (0.18%) Mac OS
12 4 (0.18%) Mac OS X
13 3 (0.13%) AIX
13 3 (0.13%) Windows Server 2008
13 3 (0.13%) Windows Server 2019
14 2 (0.089%) HPUX
14 2 (0.089%) zOS
15 1 (0.045%) VMS
Processes & Methodologies
1 705 (31.53%) Agile Software Development
2 365 (16.32%) DevOps
3 269 (12.03%) Software Engineering
4 257 (11.49%) Asset Management
5 219 (9.79%) Microservices
6 196 (8.77%) TDD
7 193 (8.63%) Investment Management
7 193 (8.63%) Problem-Solving
8 177 (7.92%) Business Analysis
9 163 (7.29%) Change Management
10 160 (7.16%) Test Automation
11 159 (7.11%) Multithreading
12 141 (6.31%) SDLC
13 134 (5.99%) Decision-Making
14 122 (5.46%) Scrum
15 120 (5.37%) Project Management
16 116 (5.19%) Stakeholder Management
17 111 (4.96%) Risk Management
18 108 (4.83%) Migration
19 105 (4.70%) Low Latency
Programming Languages
1 785 (35.11%) Java
2 493 (22.05%) Python
3 442 (19.77%) SQL
4 311 (13.91%) JavaScript
5 253 (11.31%) C#
6 126 (5.64%) C++
7 70 (3.13%) Java 8
8 69 (3.09%) VBA
9 65 (2.91%) PowerShell
10 61 (2.73%) TypeScript
11 53 (2.37%) Scala
12 52 (2.33%) Kotlin
13 48 (2.15%) T-SQL
14 34 (1.52%) Shell Script
15 31 (1.39%) C
16 29 (1.30%) Perl
17 22 (0.98%) Go
17 22 (0.98%) Groovy
18 21 (0.94%) PL/SQL
19 19 (0.85%) Bash Shell
Qualifications
1 123 (5.50%) Degree
2 43 (1.92%) Computer Science Degree
3 32 (1.43%) Security Cleared
4 20 (0.89%) SC Cleared
5 17 (0.76%) Sun Certification
6 14 (0.63%) VMware Certified Professional (VCP)
7 11 (0.49%) Numerate Degree
8 9 (0.40%) Cisco Certification
9 8 (0.36%) CCNP
9 8 (0.36%) DV Cleared
10 7 (0.31%) Master's Degree
10 7 (0.31%) Microsoft Certification
11 6 (0.27%) ACCA
11 6 (0.27%) CISSP
11 6 (0.27%) ISEB
11 6 (0.27%) MCSE
11 6 (0.27%) PhD
11 6 (0.27%) TOGAF Certification
12 5 (0.22%) ITIL Certification
12 5 (0.22%) MCSA
Quality Assurance & Compliance
1 87 (3.89%) QA
2 39 (1.74%) PMO
3 35 (1.57%) SLA
4 21 (0.94%) MiFID
5 19 (0.85%) ISO/IEC 27001
6 15 (0.67%) GDPR
6 15 (0.67%) PSD2
7 13 (0.58%) Data Quality
8 10 (0.45%) IFRS
9 9 (0.40%) Basel III
10 7 (0.31%) CRD IV
11 6 (0.27%) Basel II
11 6 (0.27%) EMIR
12 5 (0.22%) NIST
12 5 (0.22%) SEPA
13 4 (0.18%) IFRS 9
13 4 (0.18%) ISO 20022
13 4 (0.18%) WCAG
14 3 (0.13%) COBIT
14 3 (0.13%) Sarbanes-Oxley
System Software
1 170 (7.60%) Docker
2 87 (3.89%) Active Directory
3 38 (1.70%) VMware Infrastructure
4 15 (0.67%) Virtual Machines
5 13 (0.58%) XenApp
6 12 (0.54%) XenDesktop
7 9 (0.40%) Microsoft App-V
8 8 (0.36%) vSphere
9 7 (0.31%) LXC
10 6 (0.27%) HDFS
10 6 (0.27%) Squid
11 5 (0.22%) OpenAM
11 5 (0.22%) RACF
11 5 (0.22%) VMware ESXi
12 4 (0.18%) Terminal Services
13 3 (0.13%) Citrix Hypervisor
13 3 (0.13%) GridGain
13 3 (0.13%) OpenIDM
14 2 (0.089%) Apache ZooKeeper
14 2 (0.089%) OpenDJ
Systems Management
1 188 (8.41%) Kubernetes
2 79 (3.53%) Ansible
3 58 (2.59%) Terraform
4 27 (1.21%) Puppet
4 27 (1.21%) SCCM
5 17 (0.76%) Opscode Chef
6 10 (0.45%) ITRS Geneos
7 9 (0.40%) Prometheus
8 7 (0.31%) Grafana
8 7 (0.31%) Mesos
8 7 (0.31%) Network Intrusion Detection System
8 7 (0.31%) Single Sign-On
8 7 (0.31%) Tivoli
9 6 (0.27%) Cacti
9 6 (0.27%) Nagios
9 6 (0.27%) Opsview
9 6 (0.27%) Red Hat Satellite
10 5 (0.22%) Control-M
10 5 (0.22%) HP Quality Center
10 5 (0.22%) vRealize
Vendors
1 225 (10.06%) Oracle
2 182 (8.14%) Google
3 132 (5.90%) Microsoft
4 54 (2.42%) Splunk
5 48 (2.15%) Bloomberg
6 45 (2.01%) VMware
7 44 (1.97%) IBM
8 36 (1.61%) Sybase
9 35 (1.57%) ION Trading
9 35 (1.57%) Red Hat
10 27 (1.21%) Citrix
11 24 (1.07%) Cisco
11 24 (1.07%) Tableau
12 22 (0.98%) F5
13 21 (0.94%) MuleSoft
13 21 (0.94%) ServiceNow
14 17 (0.76%) Murex
15 16 (0.72%) AppDynamics
15 16 (0.72%) Atlassian
15 16 (0.72%) Cognos