Period
to 27 January 2021

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 27 January 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.

Financial Institution
UK > England
6 months to
27 Jan 2021
Same period 2020 Same period 2019
Rank 363 430 328
Rank change year-on-year +67 -102 +15
Contract jobs citing Financial Institution 187 302 720
As % of all contract jobs advertised in England 0.53% 0.46% 0.80%
As % of the General category 1.31% 1.26% 2.02%
Number of daily rates quoted 151 217 414
Median daily rate £550 £500 £550
Median daily rate % change year-on-year +10.00% -9.09% +1.85%
10th Percentile £425 £345 £350
90th Percentile £700 £675 £725
UK median daily rate £550 £500 £550
% change year-on-year +10.00% -9.09% +2.56%
Number of hourly rates quoted 2 7 12
Median hourly rate £12.73 £18.70 £18.70
Median hourly rate % change year-on-year -31.95% - +12.11%
UK median hourly rate £12.73 £18.70 £18.70
% change year-on-year -31.95% - +17.91%

Financial Institution 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 14,314 23,948 35,713
As % of all contract IT jobs advertised in England 40.76% 36.85% 39.77%
Number of daily rates quoted 9,824 16,058 24,184
Median daily rate £500 £486 £490
Median daily rate % change year-on-year +2.83% -0.77% +3.16%
10th Percentile £300 £275 £300
90th Percentile £700 £688 £675
UK median daily rate £490 £475 £475
% change year-on-year +3.16% - +2.70%
Number of hourly rates quoted 547 742 918
Median hourly rate £25.00 £20.00 £20.50
Median hourly rate % change year-on-year +25.00% -2.44% -3.42%
10th Percentile £12.63 £12.44 £12.25
90th Percentile £55.00 £50.00 £47.50
Median hourly rate £25.00 £20.00 £20.25
% change year-on-year +25.00% -1.21% -3.30%

Financial Institution
Job Vacancy Trend in England

Job postings citing Financial Institution as a proportion of all IT jobs advertised in England.

Job vacancy trend for Financial Institution in England

Financial Institution
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Financial Institution in England.

Daily rate trend for Financial Institution in England

Financial Institution
Daily Rate Histogram in England

Daily rate distribution for jobs citing Financial Institution in England over the 6 months to 27 January 2021.

Daily rate histogram for Financial Institution in England

Financial Institution
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Financial Institution in England.

Hourly rate trend for Financial Institution in England

Financial Institution
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 Financial Institution within the England region over the 6 months to 27 January 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 +32 160 £550 +4.76% 33
South East +127 11 £695 +32.38% 8
North of England +69 11 £430 -4.44% 8
North West +62 8 £430 -9.47% 3
Yorkshire +28 3 £425 -5.56% 4
South West +93 2 £475 +7.95% 4
East of England - 2 £450 - 1
Financial Institution
UK

For the 6 months to 27 January 2021, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 187 (100.00%) Finance
2 62 (33.16%) Agile Software Development
3 53 (28.34%) Banking
4 37 (19.79%) Java
5 29 (15.51%) SQL
6 28 (14.97%) DevOps
7 26 (13.90%) Analytical Skills
7 26 (13.90%) SQL Server
8 25 (13.37%) Python
8 25 (13.37%) Azure
9 24 (12.83%) Microsoft
10 23 (12.30%) Firewall
11 21 (11.23%) Windows
12 19 (10.16%) Cisco
12 19 (10.16%) QA
13 18 (9.63%) Problem-Solving
14 17 (9.09%) C#
15 16 (8.56%) JIRA
15 16 (8.56%) SDLC
16 15 (8.02%) User Experience
16 15 (8.02%) Test Automation
16 15 (8.02%) Office 365
16 15 (8.02%) Foreign Exchange (FX)
16 15 (8.02%) JavaScript
16 15 (8.02%) Risk Management
16 15 (8.02%) Stakeholder Management
17 14 (7.49%) Linux
17 14 (7.49%) Active Directory
17 14 (7.49%) Change Management
17 14 (7.49%) PowerShell

Financial Institution
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 7 (3.74%) Skype for Business
2 4 (2.14%) Apache Spark
2 4 (2.14%) Elasticsearch
3 3 (1.60%) Confluence
4 1 (0.53%) Apache
4 1 (0.53%) Apache Airflow
4 1 (0.53%) Cloud Foundry
4 1 (0.53%) IIS
4 1 (0.53%) SharePoint
Applications
1 8 (4.28%) Microsoft Excel
2 2 (1.07%) Microsoft Office
2 2 (1.07%) Microsoft PowerPoint
2 2 (1.07%) MS Visio
3 1 (0.53%) Adobe Premiere
3 1 (0.53%) Adobe XD
3 1 (0.53%) Camtasia
3 1 (0.53%) Figma
3 1 (0.53%) OmniGraffle
3 1 (0.53%) Sketch
3 1 (0.53%) UserZoom
Business Applications
1 3 (1.60%) SAP S/4HANA
2 2 (1.07%) NetSuite
3 1 (0.53%) Oracle AGIS
3 1 (0.53%) Oracle Applications
3 1 (0.53%) Oracle Assets
3 1 (0.53%) Oracle Cash Management
3 1 (0.53%) Oracle E-Business Tax
3 1 (0.53%) Oracle FAH
3 1 (0.53%) Oracle General Ledger
3 1 (0.53%) Oracle Payables
3 1 (0.53%) Oracle Receivables
3 1 (0.53%) Remedy ITSM
Cloud Services
1 25 (13.37%) Azure
2 15 (8.02%) Office 365
3 9 (4.81%) AWS
4 8 (4.28%) Azure Active Directory
5 4 (2.14%) GCP
5 4 (2.14%) PaaS
6 3 (1.60%) FinancialForce
6 3 (1.60%) IaaS
6 3 (1.60%) OpenShift
6 3 (1.60%) Power Platform
7 2 (1.07%) Apigee
7 2 (1.07%) Cloud Computing
8 1 (0.53%) Amazon Cognito
8 1 (0.53%) Amazon EKS
8 1 (0.53%) Azure Data Factory
8 1 (0.53%) SaaS
8 1 (0.53%) SurveyMonkey
Communications & Networking
1 23 (12.30%) Firewall
2 12 (6.42%) DNS
3 10 (5.35%) DMZ
4 8 (4.28%) Wireless
5 7 (3.74%) Skype
5 7 (3.74%) TCP/IP
6 5 (2.67%) Cisco Nexus
6 5 (2.67%) FTP
6 5 (2.67%) LAN
6 5 (2.67%) WAN
7 4 (2.14%) Cisco Wireless
7 4 (2.14%) F5 BIG-IP GTM
7 4 (2.14%) F5 BIG-IP LTM
7 4 (2.14%) WLAN
8 3 (1.60%) Internet
8 3 (1.60%) Intrusion Detection
8 3 (1.60%) Network Security
8 3 (1.60%) Reverse Proxy
8 3 (1.60%) VSAN
9 2 (1.07%) OSPF
Database & Business Intelligence
1 26 (13.90%) SQL Server
2 10 (5.35%) SQL Server Integration Services
3 8 (4.28%) Tableau
4 5 (2.67%) Big Data
5 4 (2.14%) Data Warehouse
5 4 (2.14%) Oracle Reports
5 4 (2.14%) SQL Server Reporting Services
6 3 (1.60%) Hadoop
6 3 (1.60%) MongoDB
6 3 (1.60%) MySQL
6 3 (1.60%) NoSQL
6 3 (1.60%) Power BI
6 3 (1.60%) Tableau Desktop
7 2 (1.07%) Apache Hive
7 2 (1.07%) Data Mart
8 1 (0.53%) Apache Cassandra
8 1 (0.53%) NonStop SQL
8 1 (0.53%) PowerCenter
8 1 (0.53%) SAP BW
8 1 (0.53%) SQLPlus
Development Applications
1 16 (8.56%) JIRA
2 10 (5.35%) Git (software)
3 7 (3.74%) Jenkins
4 5 (2.67%) Cucumber
4 5 (2.67%) Selenium
5 3 (1.60%) Bitbucket
5 3 (1.60%) Octopus Deploy
5 3 (1.60%) TeamCity
5 3 (1.60%) WebDriver
6 2 (1.07%) Axure RP
6 2 (1.07%) GitLab
6 2 (1.07%) Maven
6 2 (1.07%) Subversion
6 2 (1.07%) Vagrant
6 2 (1.07%) Visual Studio
7 1 (0.53%) Atlassian Bamboo
7 1 (0.53%) Hudson
7 1 (0.53%) JUnit
7 1 (0.53%) Team Foundation Server
7 1 (0.53%) Toad
General
1 187 (100.00%) Finance
2 53 (28.34%) Banking
3 13 (6.95%) Front Office
4 12 (6.42%) Legal
5 5 (2.67%) Retail
6 4 (2.14%) International Banking
6 4 (2.14%) Investment Banking
6 4 (2.14%) Manufacturing
6 4 (2.14%) Public Sector
6 4 (2.14%) Publishing
6 4 (2.14%) Telecoms
7 3 (1.60%) Retail Banking
8 2 (1.07%) Back Office
9 1 (0.53%) Law
9 1 (0.53%) Marketing
Job Titles
1 50 (26.74%) Developer
2 26 (13.90%) Analyst
3 23 (12.30%) Java Developer
4 16 (8.56%) Architect
5 14 (7.49%) Network Engineer
6 10 (5.35%) Automation Engineer
6 10 (5.35%) QA Automation Engineer
6 10 (5.35%) QA Engineer
6 10 (5.35%) Senior Automation Engineer
6 10 (5.35%) Senior QA Engineer
7 9 (4.81%) Business Analyst
8 8 (4.28%) C# Developer
8 8 (4.28%) Java Engineer
8 8 (4.28%) Solutions Architect
9 7 (3.74%) Consultant
10 6 (3.21%) Office 365 Specialist
10 6 (3.21%) Qualitative Analyst
10 6 (3.21%) Quantitative Analyst
10 6 (3.21%) Systems Administrator
11 5 (2.67%) Angular Developer
Libraries, Frameworks & Software Standards
1 10 (5.35%) HTML
1 10 (5.35%) Kafka
2 9 (4.81%) .NET
2 9 (4.81%) AngularJS
2 9 (4.81%) CSS
3 7 (3.74%) React
4 6 (3.21%) REST
4 6 (3.21%) Spring
4 6 (3.21%) WPF
5 4 (2.14%) Gherkin
5 4 (2.14%) HTML5
6 3 (1.60%) Hibernate
6 3 (1.60%) Middleware
6 3 (1.60%) Node.js
6 3 (1.60%) Spring Boot
7 2 (1.07%) SAML
7 2 (1.07%) SOAP
7 2 (1.07%) STL
7 2 (1.07%) Web Services
7 2 (1.07%) WinForms
Miscellaneous
1 26 (13.90%) Analytical Skills
2 15 (8.02%) Foreign Exchange (FX)
2 15 (8.02%) User Experience
3 12 (6.42%) Virtual Team
4 10 (5.35%) Hedge funds
5 9 (4.81%) Market Risk
5 9 (4.81%) Mobile App
6 8 (4.28%) Private Cloud
7 7 (3.74%) Analytical Mindset
8 6 (3.21%) Data Centre
8 6 (3.21%) Greenfield Project
8 6 (3.21%) PKI
9 5 (2.67%) Algorithms
9 5 (2.67%) Credit Risk
10 4 (2.14%) Data Structures
11 3 (1.60%) Cloud Native
11 3 (1.60%) Hybrid Cloud
11 3 (1.60%) Linux Command Line
11 3 (1.60%) Online Banking
12 2 (1.07%) Self-Motivation
Operating Systems
1 21 (11.23%) Windows
2 14 (7.49%) Linux
3 10 (5.35%) Unix
4 3 (1.60%) Windows 10
4 3 (1.60%) Windows Server
4 3 (1.60%) Windows Server 2016
4 3 (1.60%) Windows Server 2019
5 2 (1.07%) Mac OS
6 1 (0.53%) AIX
6 1 (0.53%) Android
6 1 (0.53%) Red Hat Enterprise Linux
6 1 (0.53%) Solaris
Processes & Methodologies
1 62 (33.16%) Agile Software Development
2 28 (14.97%) DevOps
3 18 (9.63%) Problem-Solving
4 16 (8.56%) SDLC
5 15 (8.02%) Risk Management
5 15 (8.02%) Stakeholder Management
5 15 (8.02%) Test Automation
6 14 (7.49%) Change Management
6 14 (7.49%) Computer Science
6 14 (7.49%) Microservices
7 13 (6.95%) BDD
7 13 (6.95%) TDD
8 12 (6.42%) Cybersecurity
8 12 (6.42%) Data Analysis
9 11 (5.88%) Asset Management
9 11 (5.88%) Data Protection
9 11 (5.88%) Test Strategy
10 10 (5.35%) Automated Trading
10 10 (5.35%) Low Latency
10 10 (5.35%) Scenario Testing
Programming Languages
1 37 (19.79%) Java
2 29 (15.51%) SQL
3 25 (13.37%) Python
4 17 (9.09%) C#
5 15 (8.02%) JavaScript
6 14 (7.49%) PowerShell
7 13 (6.95%) C++
8 10 (5.35%) Java 8
9 7 (3.74%) TypeScript
10 6 (3.21%) Kotlin
11 5 (2.67%) Shell Script
12 4 (2.14%) VBA
13 3 (1.60%) Perl
14 2 (1.07%) Bash Shell
14 2 (1.07%) Data Analysis Expressions (DAX)
14 2 (1.07%) PL/SQL
14 2 (1.07%) VB
15 1 (0.53%) Go
15 1 (0.53%) R
15 1 (0.53%) Scala
Qualifications
1 12 (6.42%) Degree
2 5 (2.67%) PhD
3 3 (1.60%) CISA
3 3 (1.60%) CISSP
3 3 (1.60%) Computer Science Degree
3 3 (1.60%) CSSLP
3 3 (1.60%) PRINCE2 Certification
4 2 (1.07%) PMI Certification
4 2 (1.07%) Security Cleared
5 1 (0.53%) CCIE
5 1 (0.53%) CCNP
5 1 (0.53%) Cisco Certification
5 1 (0.53%) PMP
5 1 (0.53%) SC Cleared
5 1 (0.53%) TOGAF Certification
Quality Assurance & Compliance
1 19 (10.16%) QA
2 7 (3.74%) GDPR
3 4 (2.14%) Section 508
3 4 (2.14%) WAI
4 2 (1.07%) IFRS
4 2 (1.07%) IFRS 9
4 2 (1.07%) ISO/IEC 27001
4 2 (1.07%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 2 (1.07%) SLA
5 1 (0.53%) NIST
5 1 (0.53%) SEPA
5 1 (0.53%) TARGET2
System Software
1 14 (7.49%) Active Directory
2 6 (3.21%) Docker
2 6 (3.21%) Hyper-V
3 4 (2.14%) VMware Infrastructure
4 3 (1.60%) vSphere
5 1 (0.53%) KVM
5 1 (0.53%) Oracle RAC
5 1 (0.53%) Veritas File System
5 1 (0.53%) Virtual Machines
5 1 (0.53%) VMware NSX
5 1 (0.53%) Xen
Systems Management
1 11 (5.88%) Kubernetes
2 8 (4.28%) FortiGate
3 5 (2.67%) Ansible
3 5 (2.67%) Foglight
3 5 (2.67%) Terraform
4 4 (2.14%) Single Sign-On
5 3 (1.60%) PowerCLI
5 3 (1.60%) SCCM
5 3 (1.60%) Tivoli
5 3 (1.60%) vCenter Server
6 2 (1.07%) Control-M
6 2 (1.07%) HP ALM
6 2 (1.07%) Netcool
6 2 (1.07%) Netcool/OMNIbus
6 2 (1.07%) Netcool/Webtop
7 1 (0.53%) BladeLogic
7 1 (0.53%) HP Fortify
7 1 (0.53%) Microsoft Intune
7 1 (0.53%) Opscode Chef
Vendors
1 24 (12.83%) Microsoft
2 19 (10.16%) Cisco
3 12 (6.42%) Oracle
4 10 (5.35%) F5
5 9 (4.81%) Fortinet
5 9 (4.81%) Juniper
6 8 (4.28%) Blue Coat
6 8 (4.28%) Palo Alto
6 8 (4.28%) Symantec
7 7 (3.74%) HP
7 7 (3.74%) VMware
8 6 (3.21%) McAfee
8 6 (3.21%) Murex
8 6 (3.21%) SAP
8 6 (3.21%) Splunk
9 5 (2.67%) CheckPoint
9 5 (2.67%) Salesforce.com
10 4 (2.14%) CyberArk
11 3 (1.60%) FireEye
11 3 (1.60%) ForgeRock