Period
to 3 August 2020

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 3 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.

Financial Institution
UK > England
6 months to
3 Aug 2020
Same period 2019 Same period 2018
Rank 345 289 356
Rank change year-on-year -56 +67 -35
Contract jobs citing Financial Institution 172 770 677
As % of all contract jobs advertised in England 0.54% 0.92% 0.72%
As % of the General category 1.32% 2.33% 1.77%
Number of daily rates quoted 117 563 360
Median daily rate £500 £550 £550
Median daily rate % change year-on-year -9.09% - -
10th Percentile £350 £390 £362
90th Percentile £654 £700 £713
UK median daily rate £500 £544 £525
% change year-on-year -8.05% +3.57% -4.55%
Number of hourly rates quoted 8 1 15
Median hourly rate £21.00 £10.00 £18.70
Median hourly rate % change year-on-year +110.00% -46.52% -18.70%
10th Percentile £10.63 £10.00 £14.05
90th Percentile £44.30 £10.00 £21.75
UK median hourly rate £21.00 £10.00 £18.70
% change year-on-year +110.00% -46.52% -18.70%

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 12,985 33,005 38,273
As % of all contract IT jobs advertised in England 40.57% 39.38% 40.47%
Number of daily rates quoted 8,353 21,580 25,252
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 471 875 973
Median hourly rate £30.58 £23.00 £22.65
Median hourly rate % change year-on-year +32.93% +1.55% +5.35%
10th Percentile £12.91 £12.61 £12.25
90th Percentile £52.50 £50.00 £48.75
Median hourly rate £30.03 £22.50 £21.90
% change year-on-year +33.44% +2.74% -0.45%

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 3 August 2020.

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
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Financial Institution in England over the 6 months to 3 August 2020.

Hourly rate histogram 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 3 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 -65 122 £525 -4.55% 19
North of England +16 29 £500 - 9
Yorkshire -16 13 £500 - 3
South East +155 12 £240 -48.94% 4
North West +77 12 £500 +20.48% 6
North East - 4 £575 -
South West +74 3 £450 -18.18%
Midlands +71 3 £563 +12.50% 3
East Midlands +55 3 £563 +2.27% 3
East of England +80 2 £525 - 1
Financial Institution
UK

For the 6 months to 3 August 2020, 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.

1 172 (100.00%) Finance
2 51 (29.65%) Banking
3 50 (29.07%) Java
4 47 (27.33%) Agile Software Development
5 35 (20.35%) SQL
6 28 (16.28%) Git (software)
7 25 (14.53%) Python
7 25 (14.53%) DevOps
8 23 (13.37%) Jenkins
8 23 (13.37%) Change Management
8 23 (13.37%) Spring
9 21 (12.21%) Java 8
10 20 (11.63%) Microsoft
10 20 (11.63%) Windows
10 20 (11.63%) Computer Science
11 18 (10.47%) Degree
12 17 (9.88%) Risk Management
13 16 (9.30%) Investment Banking
13 16 (9.30%) JIRA
13 16 (9.30%) Test Automation
13 16 (9.30%) Azure
13 16 (9.30%) Digital Transformation Programme
14 15 (8.72%) Kubernetes
14 15 (8.72%) Oracle
14 15 (8.72%) .NET
15 14 (8.14%) Linux
15 14 (8.14%) Active Directory
15 14 (8.14%) Migration
15 14 (8.14%) TDD
15 14 (8.14%) Microservices

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 8 (4.65%) Confluence
2 6 (3.49%) Apache Spark
3 3 (1.74%) MS Exchange
3 3 (1.74%) WebLogic
4 2 (1.16%) Anypoint
4 2 (1.16%) Elasticsearch
4 2 (1.16%) IIS
4 2 (1.16%) SAS
5 1 (0.58%) Apache Airflow
5 1 (0.58%) MTS
5 1 (0.58%) nginx
5 1 (0.58%) SharePoint
Applications
1 8 (4.65%) Microsoft Excel
2 5 (2.91%) Microsoft Office
3 1 (0.58%) Acrobat
3 1 (0.58%) Adobe Creative Suite
3 1 (0.58%) Adobe Illustrator
3 1 (0.58%) Adobe XD
3 1 (0.58%) Blender
3 1 (0.58%) Figma
3 1 (0.58%) InDesign
3 1 (0.58%) InVision
3 1 (0.58%) Microsoft PowerPoint
3 1 (0.58%) Microsoft Project
3 1 (0.58%) Photoshop
3 1 (0.58%) Sketch
Business Applications
1 1 (0.58%) Front Arena
1 1 (0.58%) Oracle Subledger Accounting
1 1 (0.58%) Payment Gateway
1 1 (0.58%) SAP ERP
1 1 (0.58%) SAP S/4HANA
Cloud Services
1 16 (9.30%) Azure
2 13 (7.56%) AWS
3 8 (4.65%) GCP
4 7 (4.07%) GitHub
5 6 (3.49%) Slack
6 4 (2.33%) Office 365
6 4 (2.33%) PaaS
6 4 (2.33%) Power Platform
7 2 (1.16%) Azure Active Directory
7 2 (1.16%) OpenShift
7 2 (1.16%) SaaS
8 1 (0.58%) AWS Lambda
8 1 (0.58%) Cloud Computing
8 1 (0.58%) IaaS
8 1 (0.58%) Salesforce Sales Cloud
8 1 (0.58%) Serverless
8 1 (0.58%) Stackdriver
8 1 (0.58%) SuccessFactors
Communications & Networking
1 7 (4.07%) Firewall
2 6 (3.49%) Wireless
3 5 (2.91%) HTTPS
3 5 (2.91%) LAN
3 5 (2.91%) SSL
3 5 (2.91%) WAN
4 4 (2.33%) FTP
5 3 (1.74%) Cisco Nexus
5 3 (1.74%) DNS
5 3 (1.74%) SAN
5 3 (1.74%) Skype
5 3 (1.74%) VoIP
6 2 (1.16%) Cisco IOS
6 2 (1.16%) FIX Connectivity
6 2 (1.16%) TCP/IP
7 1 (0.58%) BGP
7 1 (0.58%) DHCP
7 1 (0.58%) Network Security
7 1 (0.58%) OSPF
7 1 (0.58%) VPN
Database & Business Intelligence
1 12 (6.98%) SQL Server
2 6 (3.49%) NoSQL
3 5 (2.91%) Oracle Database
4 4 (2.33%) MongoDB
4 4 (2.33%) MySQL
4 4 (2.33%) PostgreSQL
4 4 (2.33%) Power BI
4 4 (2.33%) Relational Database
4 4 (2.33%) SQL Server Integration Services
5 3 (1.74%) Big Data
5 3 (1.74%) Data Warehouse
5 3 (1.74%) SQLPlus
6 2 (1.16%) DB2
6 2 (1.16%) DB2 UDB
6 2 (1.16%) Hadoop
6 2 (1.16%) KDB
6 2 (1.16%) MS Access
6 2 (1.16%) Oracle Reports
7 1 (0.58%) Data Mining
7 1 (0.58%) RDBMS
Development Applications
1 28 (16.28%) Git (software)
2 23 (13.37%) Jenkins
3 16 (9.30%) JIRA
4 9 (5.23%) Maven
5 6 (3.49%) CocoaPods
5 6 (3.49%) Sonatype Nexus
5 6 (3.49%) Xcode
6 5 (2.91%) Vagrant
7 4 (2.33%) Gradle
7 4 (2.33%) Subversion
8 3 (1.74%) Android Studio
8 3 (1.74%) Eclipse
8 3 (1.74%) TeamCity
9 2 (1.16%) Ant
9 2 (1.16%) Selenium
9 2 (1.16%) Team Foundation Server
9 2 (1.16%) webpack
10 1 (0.58%) IntelliJ
10 1 (0.58%) LSMW
10 1 (0.58%) Visual Studio
General
1 172 (100.00%) Finance
2 51 (29.65%) Banking
3 16 (9.30%) Investment Banking
4 13 (7.56%) Front Office
5 5 (2.91%) Back Office
5 5 (2.91%) French Language
6 4 (2.33%) Legal
7 2 (1.16%) Retail Banking
8 1 (0.58%) Billing
8 1 (0.58%) International Banking
8 1 (0.58%) Law
8 1 (0.58%) Marketing
Job Titles
1 69 (40.12%) Developer
2 27 (15.70%) Java Developer
3 22 (12.79%) Analyst
4 15 (8.72%) Senior Developer
5 12 (6.98%) Network Engineer
6 9 (5.23%) Senior Java Developer
7 7 (4.07%) Architect
7 7 (4.07%) DevOps Engineer
7 7 (4.07%) Full Stack Developer
7 7 (4.07%) SQL Developer
8 6 (3.49%) Angular Developer
8 6 (3.49%) C# Developer
8 6 (3.49%) iOS Developer
9 5 (2.91%) Consultant
9 5 (2.91%) Oracle Developer
9 5 (2.91%) Solutions Architect
10 4 (2.33%) Administrator
10 4 (2.33%) Business Analyst
10 4 (2.33%) Front Office Developer
10 4 (2.33%) Infrastructure Engineer
Libraries, Frameworks & Software Standards
1 23 (13.37%) Spring
2 15 (8.72%) .NET
3 13 (7.56%) REST
4 10 (5.81%) HTML
5 9 (5.23%) AngularJS
5 9 (5.23%) Kafka
5 9 (5.23%) RESTful
5 9 (5.23%) Spring Boot
6 8 (4.65%) CSS
7 7 (4.07%) JSON
8 5 (2.91%) Guice
8 5 (2.91%) JAAS
8 5 (2.91%) Spring Security
8 5 (2.91%) Web Services
9 4 (2.33%) Middleware
9 4 (2.33%) Node.js
9 4 (2.33%) React
9 4 (2.33%) Sass
10 3 (1.74%) SOAP
10 3 (1.74%) XML
Miscellaneous
1 14 (8.14%) Analytical Skills
2 13 (7.56%) Mobile App
3 9 (5.23%) Derivative
3 9 (5.23%) User Experience
4 8 (4.65%) Fixed Income
5 7 (4.07%) Hedge funds
6 5 (2.91%) Virtual Team
7 4 (2.33%) Analytical Mindset
7 4 (2.33%) Blackberry
7 4 (2.33%) Credit Risk
7 4 (2.33%) Self-Motivation
8 3 (1.74%) Algorithms
8 3 (1.74%) Data Centre
8 3 (1.74%) FMCG
8 3 (1.74%) Management Information System
8 3 (1.74%) Market Risk
9 2 (1.16%) Enterprise Software
9 2 (1.16%) Fat Client
9 2 (1.16%) Mobile Banking
9 2 (1.16%) Thin Client
Operating Systems
1 20 (11.63%) Windows
2 14 (8.14%) Linux
3 11 (6.40%) Apple iOS
4 10 (5.81%) Windows 10
5 9 (5.23%) Unix
6 8 (4.65%) Android
7 7 (4.07%) Windows 7
8 6 (3.49%) Windows Server
9 3 (1.74%) Red Hat Enterprise Linux
9 3 (1.74%) Windows Server 2008
9 3 (1.74%) Windows Server 2016
10 2 (1.16%) Mac OS
11 1 (0.58%) HPUX
11 1 (0.58%) Solaris
11 1 (0.58%) VMS
Processes & Methodologies
1 47 (27.33%) Agile Software Development
2 25 (14.53%) DevOps
3 23 (13.37%) Change Management
4 20 (11.63%) Computer Science
5 17 (9.88%) Risk Management
6 16 (9.30%) Digital Transformation Programme
6 16 (9.30%) Test Automation
7 14 (8.14%) Microservices
7 14 (8.14%) Migration
7 14 (8.14%) TDD
8 13 (7.56%) SDLC
8 13 (7.56%) Software Engineering
9 11 (6.40%) Multithreading
9 11 (6.40%) User Acceptance Testing
10 10 (5.81%) Analytics
10 10 (5.81%) Asset Management
10 10 (5.81%) Problem-Solving
11 9 (5.23%) Continuous Integration
11 9 (5.23%) Cybersecurity
12 8 (4.65%) Integration Testing
Programming Languages
1 50 (29.07%) Java
2 35 (20.35%) SQL
3 25 (14.53%) Python
4 21 (12.21%) Java 8
5 13 (7.56%) JavaScript
5 13 (7.56%) PowerShell
6 9 (5.23%) C#
7 8 (4.65%) Kotlin
8 6 (3.49%) Apple Swift
8 6 (3.49%) Scala
9 5 (2.91%) Go
10 4 (2.33%) C++
10 4 (2.33%) PL/SQL
10 4 (2.33%) VBA
11 3 (1.74%) Perl
11 3 (1.74%) R
11 3 (1.74%) TypeScript
12 2 (1.16%) BeanShell
12 2 (1.16%) Bourne shell
12 2 (1.16%) Korn
Qualifications
1 18 (10.47%) Degree
2 8 (4.65%) Computer Science Degree
3 6 (3.49%) CISA
3 6 (3.49%) CISSP
3 6 (3.49%) CSSLP
3 6 (3.49%) GIAC
4 5 (2.91%) CISM
4 5 (2.91%) CRISC
4 5 (2.91%) GSSP-.NET
4 5 (2.91%) GSSP-JAVA
4 5 (2.91%) GWAPT
4 5 (2.91%) ISACA
5 4 (2.33%) CCNP
5 4 (2.33%) Cisco Certification
5 4 (2.33%) PMI Certification
6 3 (1.74%) Security Cleared
7 2 (1.16%) Microsoft Certification
7 2 (1.16%) PMP
7 2 (1.16%) SC Cleared
8 1 (0.58%) MBA
Quality Assurance & Compliance
1 8 (4.65%) QA
2 5 (2.91%) PSD2
3 2 (1.16%) PMO
4 1 (0.58%) FINREP
4 1 (0.58%) GDPR
4 1 (0.58%) ISO 20022
4 1 (0.58%) ISO/IEC 27001
4 1 (0.58%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 1 (0.58%) MiFID
4 1 (0.58%) NIST
System Software
1 14 (8.14%) Active Directory
2 10 (5.81%) Docker
3 8 (4.65%) VMware Infrastructure
4 3 (1.74%) Hyper-V
4 3 (1.74%) Virtual Machines
4 3 (1.74%) VMware Workstation
5 2 (1.16%) RACF
6 1 (0.58%) VirtualBox
6 1 (0.58%) VMware ESXi
6 1 (0.58%) XenApp
Systems Management
1 15 (8.72%) Kubernetes
2 12 (6.98%) Ansible
3 5 (2.91%) Prometheus
3 5 (2.91%) Terraform
3 5 (2.91%) Zipkin
4 4 (2.33%) FortiGate
4 4 (2.33%) SCCM
5 3 (1.74%) WSUS
6 2 (1.16%) Control-M
6 2 (1.16%) Kibana
6 2 (1.16%) logstash
6 2 (1.16%) NetBackup
6 2 (1.16%) Puppet
6 2 (1.16%) Tivoli
6 2 (1.16%) Tivoli Storage Manager
6 2 (1.16%) vRealize
7 1 (0.58%) Opscode Chef
7 1 (0.58%) Packer
Vendors
1 20 (11.63%) Microsoft
2 15 (8.72%) Oracle
3 13 (7.56%) Cisco
4 11 (6.40%) Splunk
5 8 (4.65%) F5
5 8 (4.65%) VMware
6 7 (4.07%) Blue Coat
6 7 (4.07%) Tableau
7 5 (2.91%) Juniper
7 5 (2.91%) Netsparker
8 4 (2.33%) IBM
8 4 (2.33%) MuleSoft
8 4 (2.33%) SAP
9 3 (1.74%) AppDynamics
9 3 (1.74%) Avaya
9 3 (1.74%) Bloomberg
9 3 (1.74%) Fortinet
9 3 (1.74%) Google
9 3 (1.74%) Red Hat
9 3 (1.74%) Riverbed