Period
to 25 June 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 25 June 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
25 Jun 2021
Same period 2020 Same period 2019
Rank 20 29 26
Rank change year-on-year +9 -3 -4
Contract jobs citing Banking 3,892 2,297 5,625
As % of all contract jobs advertised in England 7.65% 6.21% 6.76%
As % of the General category 14.38% 12.03% 12.93%
Number of daily rates quoted 2,815 1,666 3,844
10th Percentile £382 £350 £363
25th Percentile £463 £450 £438
Median daily rate (50th Percentile) £588 £550 £550
Median % change year-on-year +6.82% - +2.33%
75th Percentile £688 £675 £650
90th Percentile £750 £750 £713
UK median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% -
Number of hourly rates quoted 29 18 60
10th Percentile £11.04 £12.41 £15.00
25th Percentile £11.40 £13.74 £16.50
Median hourly rate £14.03 £18.75 £20.00
Median % change year-on-year -25.17% -6.25% +12.68%
75th Percentile £16.68 £23.89 £21.94
90th Percentile £18.81 £65.21 £36.07
UK median hourly rate £14.03 £19.00 £20.00
% change year-on-year -26.16% -5.00% +14.29%

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 27,073 19,090 43,501
As % of all contract IT jobs advertised in England 53.21% 51.57% 52.28%
Number of daily rates quoted 18,245 12,697 28,625
10th Percentile £306 £263 £287
25th Percentile £405 £385 £381
Median daily rate (50th Percentile) £500 £485 £475
Median % change year-on-year +3.09% +2.11% +2.15%
75th Percentile £619 £600 £581
90th Percentile £703 £700 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 1,026 730 1,279
10th Percentile £11.57 £12.13 £10.90
25th Percentile £14.00 £14.67 £14.00
Median hourly rate £21.05 £20.00 £20.00
Median % change year-on-year +5.25% - +8.09%
75th Percentile £42.23 £39.99 £40.00
90th Percentile £55.42 £53.00 £50.00
UK median hourly rate £21.05 £20.00 £19.50
% change year-on-year +5.25% +2.56% +10.11%

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 25 June 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 25 June 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 25 June 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 +1 3,299 £600 +1.82% 395
North of England +8 193 £450 +0.90% 64
North West +20 130 £450 +16.20% 28
Midlands +11 109 £396 +62.96% 24
South East +24 99 £500 -4.76% 29
South West +24 60 £458 +14.38% 9
Yorkshire +10 60 £438 -12.50% 29
West Midlands +17 53 £351 -12.46% 14
East Midlands -2 53 £396 +126.29% 10
East of England -8 6 £650 +59.12% 11
North East +1 3 £320 -28.89% 7
Banking
UK

For the 6 months to 25 June 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 1,894 (48.66%) Finance
2 1,296 (33.30%) Agile Software Development
3 1,171 (30.09%) Investment Banking
4 1,087 (27.93%) Java
5 839 (21.56%) Social Skills
6 807 (20.73%) SQL
7 609 (15.65%) DevOps
8 564 (14.49%) Front Office
9 509 (13.08%) Python
10 444 (11.41%) Oracle
11 435 (11.18%) C#
12 415 (10.66%) Spring
13 408 (10.48%) Azure
14 400 (10.28%) .NET
15 393 (10.10%) AWS
16 385 (9.89%) Microservices
17 376 (9.66%) Scrum
18 374 (9.61%) Linux
19 357 (9.17%) JavaScript
20 339 (8.71%) Foreign Exchange (FX)
21 331 (8.50%) TDD
22 330 (8.48%) JIRA
23 328 (8.43%) Git (software)
24 310 (7.97%) Problem-Solving
25 302 (7.76%) Kubernetes
26 298 (7.66%) Analytical Skills
27 295 (7.58%) Stakeholder Management
27 295 (7.58%) Windows
28 294 (7.55%) Jenkins
29 277 (7.12%) 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
1 164 (4.21%) Confluence
2 130 (3.34%) Apache Spark
3 74 (1.90%) Mule
4 71 (1.82%) Apache
5 57 (1.46%) SharePoint
6 52 (1.34%) Oracle Coherence
7 41 (1.05%) Red Hat Fuse
8 36 (0.92%) Tomcat
9 32 (0.82%) SAS
10 30 (0.77%) WebSphere
11 24 (0.62%) JBoss
12 22 (0.57%) Elasticsearch
13 17 (0.44%) WebLogic
14 16 (0.41%) IIS
14 16 (0.41%) Oracle SOA Suite
15 14 (0.36%) nginx
15 14 (0.36%) WebSphere Application Server
16 11 (0.28%) Apache Airflow
17 10 (0.26%) Cloud Foundry
18 9 (0.23%) MS Exchange
Applications
1 104 (2.67%) Microsoft Excel
2 82 (2.11%) Microsoft Office
3 59 (1.52%) Microsoft PowerPoint
4 47 (1.21%) MS Visio
5 23 (0.59%) Microsoft Project
6 14 (0.36%) InVision
7 13 (0.33%) Sketch
8 11 (0.28%) Photoshop
9 9 (0.23%) Adobe Illustrator
10 6 (0.15%) Adobe Creative Suite
10 6 (0.15%) Chatbot
11 2 (0.051%) Figma
11 2 (0.051%) Spreadsheet
12 1 (0.026%) Adobe Premiere
12 1 (0.026%) Adobe XD
12 1 (0.026%) InDesign
12 1 (0.026%) Mingle
12 1 (0.026%) Open Workbench
12 1 (0.026%) SPSS
Business Applications
1 26 (0.67%) SunGard Martini
2 17 (0.44%) Summit
3 13 (0.33%) Sentinel
4 12 (0.31%) Oracle Financials
4 12 (0.31%) Oracle Payables
5 11 (0.28%) Oracle General Ledger
6 10 (0.26%) ION MarketView
6 10 (0.26%) OneSumX
6 10 (0.26%) Oracle EBS
6 10 (0.26%) Oracle FAH
7 9 (0.23%) Oracle Receivables
7 9 (0.23%) Oracle Subledger Accounting
8 8 (0.21%) Dynamics CRM
8 8 (0.21%) Oracle Assets
8 8 (0.21%) Oracle Internet Expenses
8 8 (0.21%) Oracle iProcurement
8 8 (0.21%) Temenos T24
9 7 (0.18%) SAP FI
10 6 (0.15%) Adobe Campaign
10 6 (0.15%) Oracle E-Business Tax
Cloud Services
1 408 (10.48%) Azure
2 393 (10.10%) AWS
3 265 (6.81%) GCP
4 77 (1.98%) GitHub
5 63 (1.62%) Microsoft 365
6 54 (1.39%) SaaS
7 49 (1.26%) PaaS
8 46 (1.18%) Serverless
9 41 (1.05%) OpenShift
10 40 (1.03%) Power Platform
11 37 (0.95%) IaaS
12 28 (0.72%) Cloud Computing
13 23 (0.59%) Azure Synapse Analytics
14 20 (0.51%) Azure Functions
15 17 (0.44%) NuGet
16 15 (0.39%) Amazon EKS
16 15 (0.39%) Azure Data Factory
16 15 (0.39%) npm
17 14 (0.36%) Apigee
17 14 (0.36%) AWS CloudFormation
Communications & Networking
1 89 (2.29%) Firewall
2 67 (1.72%) TCP/IP
3 47 (1.21%) Network Security
4 43 (1.10%) HTTP
5 41 (1.05%) SSL
6 33 (0.85%) DNS
7 28 (0.72%) NAS
7 28 (0.72%) SAN
8 27 (0.69%) Internet
9 25 (0.64%) Kerberos
9 25 (0.64%) Multicast
10 23 (0.59%) WAN
11 20 (0.51%) ATM
11 20 (0.51%) LAN
11 20 (0.51%) VPN
12 13 (0.33%) Cisco Nexus
12 13 (0.33%) SMS
13 12 (0.31%) 2G
13 12 (0.31%) DHCP
13 12 (0.31%) OSPF
Database & Business Intelligence
1 226 (5.81%) SQL Server
2 181 (4.65%) Relational Database
3 148 (3.80%) Big Data
4 124 (3.19%) NoSQL
5 110 (2.83%) Data Warehouse
6 101 (2.60%) MongoDB
7 96 (2.47%) Hadoop
8 67 (1.72%) Oracle Database
9 51 (1.31%) Apache Hive
10 50 (1.28%) Apache Cassandra
11 46 (1.18%) Hazelcast
12 44 (1.13%) PostgreSQL
13 41 (1.05%) Redis
13 41 (1.05%) Tableau
14 39 (1.00%) Data Lake
14 39 (1.00%) SQL Server Integration Services
15 38 (0.98%) RDBMS
16 36 (0.92%) Oracle Database 12c
17 33 (0.85%) Power BI
18 32 (0.82%) MySQL
Development Applications
1 330 (8.48%) JIRA
2 328 (8.43%) Git (software)
3 294 (7.55%) Jenkins
4 141 (3.62%) Maven
5 102 (2.62%) Cucumber
5 102 (2.62%) TeamCity
6 94 (2.42%) Visual Studio
7 88 (2.26%) Subversion
8 87 (2.24%) Bitbucket
9 66 (1.70%) JUnit
10 59 (1.52%) Selenium
11 50 (1.28%) Artifactory
12 41 (1.05%) Sonatype Nexus
13 26 (0.67%) CppUnit
13 26 (0.67%) Mockito
13 26 (0.67%) Oracle APEX
14 24 (0.62%) Gradle
15 22 (0.57%) SonarQube
16 21 (0.54%) Postman
17 19 (0.49%) Octopus Deploy
General
1 1,894 (48.66%) Finance
2 1,171 (30.09%) Investment Banking
3 839 (21.56%) Social Skills
4 564 (14.49%) Front Office
5 298 (7.66%) Analytical Skills
6 182 (4.68%) Retail Banking
7 105 (2.70%) Retail
8 88 (2.26%) Financial Institution
9 73 (1.88%) Back Office
10 71 (1.82%) Presentation Skills
11 54 (1.39%) Influencing Skills
12 51 (1.31%) Legal
13 48 (1.23%) Documentation Skills
14 45 (1.16%) Corporate Banking
15 40 (1.03%) Marketing
16 37 (0.95%) Organisational Skills
17 31 (0.80%) Private Banking
18 28 (0.72%) International Banking
19 18 (0.46%) Public Sector
19 18 (0.46%) Telecoms
Job Titles
1 1,399 (35.95%) Developer
2 604 (15.52%) Java Developer
3 497 (12.77%) Analyst
4 393 (10.10%) Architect
5 302 (7.76%) Business Analyst
6 241 (6.19%) Senior Developer
7 237 (6.09%) Project Manager
8 191 (4.91%) C# Developer
9 167 (4.29%) Consultant
10 149 (3.83%) Banking Analyst
11 144 (3.70%) Senior Java Developer
12 143 (3.67%) Front Office Developer
13 126 (3.24%) Solutions Architect
14 116 (2.98%) Investment Banking Java Developer
15 102 (2.62%) DevOps Engineer
16 97 (2.49%) C++ Developer
17 90 (2.31%) Banking Project Manager
18 87 (2.24%) .NET Developer
19 81 (2.08%) SQL Developer
20 76 (1.95%) Python Developer
Libraries, Frameworks & Software Standards
1 415 (10.66%) Spring
2 400 (10.28%) .NET
3 247 (6.35%) Kafka
4 241 (6.19%) REST
5 237 (6.09%) AngularJS
6 212 (5.45%) Spring Boot
7 211 (5.42%) HTML
8 183 (4.70%) React
9 160 (4.11%) Middleware
10 135 (3.47%) Web Services
11 132 (3.39%) RESTful
12 129 (3.31%) HTML5
13 111 (2.85%) .NET Framework
14 109 (2.80%) Hibernate
15 107 (2.75%) XML
16 104 (2.67%) CSS
17 103 (2.65%) .NET Core
18 91 (2.34%) FIX Protocol
19 86 (2.21%) Node.js
20 81 (2.08%) Apache Camel
Miscellaneous
1 339 (8.71%) Foreign Exchange (FX)
2 242 (6.22%) Derivative
3 216 (5.55%) Fixed Income
4 150 (3.85%) User Experience
5 116 (2.98%) Data Structures
6 114 (2.93%) Equities
7 103 (2.65%) Greenfield Project
8 96 (2.47%) Credit Risk
9 95 (2.44%) Market Risk
10 73 (1.88%) Mobile App
11 72 (1.85%) Management Information System
12 60 (1.54%) Algorithms
13 52 (1.34%) Enterprise Software
14 51 (1.31%) Cloud Native
15 49 (1.26%) Virtual Team
16 48 (1.23%) Data Protection Act
17 41 (1.05%) Public Cloud
18 37 (0.95%) Data Centre
18 37 (0.95%) SWIFT
19 33 (0.85%) Self-Motivation
Operating Systems
1 374 (9.61%) Linux
2 295 (7.58%) Windows
3 190 (4.88%) Unix
4 49 (1.26%) Red Hat Enterprise Linux
5 46 (1.18%) Android
6 38 (0.98%) Windows Server
7 32 (0.82%) Apple iOS
8 28 (0.72%) Windows 10
9 14 (0.36%) Solaris
10 9 (0.23%) AIX
10 9 (0.23%) Windows 7
10 9 (0.23%) zOS
11 7 (0.18%) VMS
11 7 (0.18%) Windows Server 2008
11 7 (0.18%) Windows Server 2012
11 7 (0.18%) Windows Server 2016
12 6 (0.15%) CentOS
12 6 (0.15%) Mac OS X
13 5 (0.13%) MVS
14 3 (0.077%) Ubuntu
Processes & Methodologies
1 1,296 (33.30%) Agile Software Development
2 609 (15.65%) DevOps
3 385 (9.89%) Microservices
4 376 (9.66%) Scrum
5 331 (8.50%) TDD
6 310 (7.97%) Problem-Solving
7 295 (7.58%) Stakeholder Management
8 277 (7.12%) Test Automation
9 276 (7.09%) Multithreading
10 267 (6.86%) Change Management
11 242 (6.22%) Software Engineering
12 235 (6.04%) SDLC
13 222 (5.70%) Migration
14 216 (5.55%) Project Management
15 211 (5.42%) Risk Management
16 207 (5.32%) Analytics
16 207 (5.32%) Continuous Integration
17 198 (5.09%) Electronic Trading
18 186 (4.78%) Digital Transformation Programme
19 183 (4.70%) Cybersecurity
Programming Languages
1 1,087 (27.93%) Java
2 807 (20.73%) SQL
3 509 (13.08%) Python
4 435 (11.18%) C#
5 357 (9.17%) JavaScript
6 224 (5.76%) C++
7 170 (4.37%) Scala
8 161 (4.14%) Java 8
9 120 (3.08%) TypeScript
10 116 (2.98%) PL/SQL
11 82 (2.11%) PowerShell
12 59 (1.52%) Shell Script
13 49 (1.26%) Kotlin
14 40 (1.03%) Perl
15 37 (0.95%) PHP
16 36 (0.92%) VBA
17 35 (0.90%) C
18 33 (0.85%) T-SQL
19 31 (0.80%) Bash Shell
20 30 (0.77%) Groovy
Qualifications
1 227 (5.83%) Degree
2 50 (1.28%) Computer Science Degree
3 48 (1.23%) Security Cleared
4 45 (1.16%) SC Cleared
5 35 (0.90%) CISSP
6 30 (0.77%) Cisco Certification
7 19 (0.49%) PMI Certification
8 18 (0.46%) Microsoft Certification
9 17 (0.44%) ISEB
9 17 (0.44%) Master's Degree
10 16 (0.41%) CCNP
10 16 (0.41%) TOGAF Certification
11 15 (0.39%) CISM
11 15 (0.39%) Numerate Degree
11 15 (0.39%) PhD
12 13 (0.33%) AWS Certification
12 13 (0.33%) PMP
12 13 (0.33%) PRINCE2 Certification
13 12 (0.31%) FFIEC
13 12 (0.31%) ISTQB
Quality Assurance & Compliance
1 139 (3.57%) QA
2 67 (1.72%) PMO
3 59 (1.52%) Data Quality
4 41 (1.05%) MiFID
5 36 (0.92%) ISO/IEC 27001
6 35 (0.90%) SLA
7 32 (0.82%) GDPR
8 30 (0.77%) NIST
9 28 (0.72%) ISO 20022
10 22 (0.57%) IFRS
11 21 (0.54%) Accessibility
12 19 (0.49%) COBIT
13 18 (0.46%) PSD2
14 17 (0.44%) SEPA
15 12 (0.31%) EMIR
16 11 (0.28%) ISO/IEC 27005
16 11 (0.28%) NIST 800
17 10 (0.26%) FATCA
17 10 (0.26%) PCI DSS
18 9 (0.23%) Basel III
System Software
1 248 (6.37%) Docker
2 72 (1.85%) Active Directory
3 57 (1.46%) VMware Infrastructure
4 27 (0.69%) VMware ESXi
5 23 (0.59%) Platform Symphony
6 20 (0.51%) HDFS
7 10 (0.26%) GridGain
7 10 (0.26%) vSphere
8 9 (0.23%) NFS
8 9 (0.23%) VMware NSX
9 8 (0.21%) Hyper-V
10 7 (0.18%) Oracle RAC
11 6 (0.15%) KVM
11 6 (0.15%) SRDF
11 6 (0.15%) Virtual Desktop
11 6 (0.15%) Virtual Machines
11 6 (0.15%) Xen
12 5 (0.13%) RACF
12 5 (0.13%) Veritas File System
13 4 (0.10%) XenApp
Systems Management
1 302 (7.76%) Kubernetes
2 178 (4.57%) Ansible
3 126 (3.24%) Terraform
4 72 (1.85%) Puppet
5 41 (1.05%) Opscode Chef
6 22 (0.57%) ITRS Geneos
7 19 (0.49%) Control-M
8 15 (0.39%) SCCM
9 14 (0.36%) BladeLogic
9 14 (0.36%) vRealize Orchestrator
10 12 (0.31%) Istio
11 10 (0.26%) Grafana
12 9 (0.23%) CA Single Sign-On
12 9 (0.23%) HP Fortify
12 9 (0.23%) HP Quality Center
12 9 (0.23%) QRadar
13 8 (0.21%) Active Directory Federation Services
13 8 (0.21%) vRealize
14 7 (0.18%) Network Intrusion Detection System
14 7 (0.18%) Packer
Vendors
1 444 (11.41%) Oracle
2 260 (6.68%) Microsoft
3 139 (3.57%) Google
4 104 (2.67%) IBM
5 100 (2.57%) Splunk
6 74 (1.90%) VMware
7 54 (1.39%) TIBCO
8 50 (1.28%) ION Trading
9 48 (1.23%) Cisco
10 46 (1.18%) Red Hat
11 44 (1.13%) Citrix
12 43 (1.10%) MuleSoft
13 40 (1.03%) Databricks
14 38 (0.98%) Atlassian
14 38 (0.98%) SAP
15 37 (0.95%) Adobe
16 35 (0.90%) Salesforce.com
17 34 (0.87%) Bloomberg
17 34 (0.87%) HP
17 34 (0.87%) Murex