Period
to 21 November 2017

The median contractor rate for a Banking Business Analyst was £500 per day in advertised job vacancies in London during the 6 months to 21 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Business Analyst - Banking
England > London
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 474 424 327
Rank change year-on-year -50 -97 +100
Contract jobs requiring a Banking Business Analyst 160 193 303
As % of all contract IT jobs advertised in London 0.34% 0.43% 0.65%
As % of the Job Titles category 0.36% 0.45% 0.69%
Number of daily rates quoted 106 138 223
London median daily rate £500 £488 £473
Median daily rate % change year-on-year +2.56% +3.07% -9.90%
10th Percentile £360 £344 £361
90th Percentile £638 £654 £625
England median daily rate £473 £454 £450
% change year-on-year +4.24% +0.83% -10.00%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 44629 42675 44230
% of contract IT jobs with a recognized job title 94.82% 94.99% 95.02%
Number of daily rates quoted 32318 30339 31174
London median daily rate £495 £460 £450
Median daily rate % change year-on-year +7.61% +2.22% +5.88%
10th Percentile £300 £288 £268
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 553 554 685
London median hourly rate £20.44 £19.77 £19.00
Median hourly rate % change year-on-year +3.38% +4.04% +8.57%
10th Percentile £12.50 £11.50 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Banking Business Analyst
Job Vacancy Trend in London

Job postings that featured Banking Business Analyst in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Banking Business Analyst in London

Banking Business Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Business Analyst in London.

Contractor daily rate trend for Banking Business Analyst in London

Banking Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Banking Business Analyst in London over the 6 months to 21 November 2017.

Contractor daily rate histogram for Banking Business Analyst in London

Banking Business Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking Business Analyst in London.

Contractor hourly rate trend for Banking Business Analyst in London

Banking Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the London region over the 6 months to 21 November 2017. 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
Central London -10 11 £475 -13.64% 5
East London -8 3 £600 +60.00%
South London - 1 £500 -
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 21 November 2017, Banking Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Banking Business Analyst in the job title.

1 160 (100.00%) Banking
2 78 (48.75%) Finance
3 73 (45.63%) Business Analysis
4 44 (27.50%) Agile Software Development
5 41 (25.63%) Stakeholder Management
6 39 (24.38%) Investment Banking
7 31 (19.38%) Retail Banking
8 29 (18.13%) SQL
9 22 (13.75%) Microsoft Excel
9 22 (13.75%) Data Analysis
10 20 (12.50%) Analytical Skills
11 19 (11.88%) Fixed Income
11 19 (11.88%) MiFID
12 18 (11.25%) User Acceptance Testing
12 18 (11.25%) CRM
13 17 (10.63%) Data Modelling
13 17 (10.63%) Project Management
13 17 (10.63%) Microsoft
13 17 (10.63%) Scrum
13 17 (10.63%) Analytics
14 16 (10.00%) Waterfall
14 16 (10.00%) Front Office
14 16 (10.00%) GDPR
15 15 (9.38%) Equities
15 15 (9.38%) Use Case
16 14 (8.75%) User Stories
16 14 (8.75%) Business Intelligence
17 13 (8.13%) Change Management
17 13 (8.13%) Private Banking
17 13 (8.13%) SDLC

Banking Business Analyst Skill Set
Co-occurring IT Skills in London 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 (4.38%) SharePoint
2 5 (3.13%) BizTalk Server
2 5 (3.13%) Skype for Business
3 2 (1.25%) Oracle Workflow
4 1 (0.63%) CMS
4 1 (0.63%) Confluence
Applications
1 22 (13.75%) Microsoft Excel
2 11 (6.88%) MS Visio
3 9 (5.63%) Microsoft Office
3 9 (5.63%) Microsoft PowerPoint
4 2 (1.25%) Microsoft Project
4 2 (1.25%) Spreadsheet
Business Applications
1 5 (3.13%) Dynamics CRM
2 4 (2.50%) Temenos Globus
2 4 (2.50%) Temenos T24
3 2 (1.25%) Algo Collateral
3 2 (1.25%) Bloomberg TOMS
4 1 (0.63%) NetSuite
4 1 (0.63%) SAP HR
Cloud Services
1 5 (3.13%) Microsoft Azure
1 5 (3.13%) Office 365
1 5 (3.13%) Yammer
2 2 (1.25%) IBM Blueworks
3 1 (0.63%) Amazon AWS
Communications & Networking
1 2 (1.25%) SMS
Database & Business Intelligence
1 12 (7.50%) Data Warehouse
2 8 (5.00%) SQL Server
3 3 (1.88%) Big Data
3 3 (1.88%) Hadoop
4 1 (0.63%) Data Lake
4 1 (0.63%) DB2
4 1 (0.63%) MS Access
4 1 (0.63%) SQL Server Integration Services
4 1 (0.63%) SQL Server Reporting Services
Development Applications
1 5 (3.13%) JIRA
General
1 160 (100.00%) Banking
2 78 (48.75%) Finance
3 39 (24.38%) Investment Banking
4 31 (19.38%) Retail Banking
5 16 (10.00%) Front Office
6 13 (8.13%) Private Banking
7 9 (5.63%) Legal
8 4 (2.50%) International Banking
8 4 (2.50%) Marketing
9 3 (1.88%) Financial Institution
9 3 (1.88%) Retail
10 2 (1.25%) Back Office
10 2 (1.25%) Corporate Banking
10 2 (1.25%) Japanese Language
10 2 (1.25%) Wholesale Banking
11 1 (0.63%) Billing
11 1 (0.63%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 5 (3.13%) XML
2 2 (1.25%) FIX Protocol
2 2 (1.25%) FpML
2 2 (1.25%) XSD
2 2 (1.25%) XSLT
3 1 (0.63%) CSS
3 1 (0.63%) HTML
3 1 (0.63%) JSON
3 1 (0.63%) REST
3 1 (0.63%) SOAP
Miscellaneous
1 20 (12.50%) Analytical Skills
2 19 (11.88%) Fixed Income
3 15 (9.38%) Equities
4 9 (5.63%) Derivative
4 9 (5.63%) Market Risk
5 7 (4.38%) Management Information System
6 5 (3.13%) Credit Risk
6 5 (3.13%) Cyberthreat
7 4 (2.50%) Foreign Exchange (FX)
7 4 (2.50%) SWIFT
7 4 (2.50%) User Experience
8 3 (1.88%) Greenfield Project
8 3 (1.88%) OTC Derivatives
9 2 (1.25%) Cybercrime
9 2 (1.25%) Reference Data
9 2 (1.25%) Virtual Team
10 1 (0.63%) e-Learning
10 1 (0.63%) Equity Derivative
10 1 (0.63%) Exotic Derivative
10 1 (0.63%) Mainframe
Operating Systems
1 6 (3.75%) Windows
Processes & Methodologies
1 73 (45.63%) Business Analysis
2 44 (27.50%) Agile Software Development
3 41 (25.63%) Stakeholder Management
4 22 (13.75%) Data Analysis
5 18 (11.25%) CRM
5 18 (11.25%) User Acceptance Testing
6 17 (10.63%) Analytics
6 17 (10.63%) Data Modelling
6 17 (10.63%) Project Management
6 17 (10.63%) Scrum
7 16 (10.00%) Waterfall
8 15 (9.38%) Use Case
9 14 (8.75%) Business Intelligence
9 14 (8.75%) User Stories
10 13 (8.13%) Change Management
10 13 (8.13%) SDLC
11 12 (7.50%) Target Operating Model
12 11 (6.88%) Data Mapping
12 11 (6.88%) GAP Analysis
13 10 (6.25%) Stakeholder Engagement
Programming Languages
1 29 (18.13%) SQL
2 3 (1.88%) R
2 3 (1.88%) VBA
3 2 (1.25%) C++
3 2 (1.25%) XPath
4 1 (0.63%) C#
4 1 (0.63%) Java
4 1 (0.63%) PHP
4 1 (0.63%) PL/SQL
4 1 (0.63%) Python
4 1 (0.63%) Scala
Qualifications
1 7 (4.38%) ISEB
2 3 (1.88%) PMP
3 2 (1.25%) ACCA
3 2 (1.25%) CIMA
3 2 (1.25%) ISTQB
3 2 (1.25%) PMI Certification
Quality Assurance & Compliance
1 19 (11.88%) MiFID
2 16 (10.00%) GDPR
3 10 (6.25%) QA
4 6 (3.75%) EMIR
5 5 (3.13%) Dodd-Frank
6 4 (2.50%) ISO/IEC 27001
7 3 (1.88%) PMO
7 3 (1.88%) PSD2
8 2 (1.25%) Basel III
8 2 (1.25%) SEPA
8 2 (1.25%) SLA
9 1 (0.63%) Data Quality
System Software
1 2 (1.25%) Virtual Machines
Systems Management
1 1 (0.63%) DatAdvantage
Vendors
1 17 (10.63%) Microsoft
2 7 (4.38%) Bloomberg
2 7 (4.38%) Salesforce.com
3 5 (3.13%) IBM
4 4 (2.50%) ArcSight
4 4 (2.50%) Oracle
4 4 (2.50%) Splunk
5 3 (1.88%) Cognos
5 3 (1.88%) Temenos
6 2 (1.25%) Fidessa
6 2 (1.25%) Netezza
6 2 (1.25%) SAP
7 1 (0.63%) CA
7 1 (0.63%) Google
7 1 (0.63%) JD Edwards
7 1 (0.63%) Microgen
7 1 (0.63%) Reuters
7 1 (0.63%) Salesforce Marketing Cloud
7 1 (0.63%) Varonis
7 1 (0.63%) Wallstreet Suite