Period
to 12 November 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 12 November 2018 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
England > London
6 months to
12 Nov 2018
Same period 2017 Same period 2016
Rank 8 6 8
Rank change year-on-year -2 +2 -3
Contract jobs citing Banking 5,405 7,018 5,641
As % of all contract IT jobs advertised in London 11.80% 15.19% 12.55%
As % of the General category 26.67% 32.81% 29.00%
Number of daily rates quoted 4,016 5,219 4,116
London median daily rate £575 £550 £525
Median daily rate % change year-on-year +4.55% +4.76% -
10th Percentile £400 £363 £360
90th Percentile £725 £700 £700
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 49 21 12
London median hourly rate £18.70 £15.00 £30.00
Median hourly rate % change year-on-year +24.67% -50.00% +30.43%
10th Percentile £15.50 £13.24 £14.31
90th Percentile £27.25 £21.88 £61.50
England median hourly rate £18.70 £15.00 £29.75
% change year-on-year +24.67% -49.58% +38.37%

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 London with a requirement for common skills.

All General Skills
London
Contract vacancies with a requirement for common skills 20,264 21,391 19,455
As % of all contract IT jobs advertised in London 44.23% 46.31% 43.30%
Number of daily rates quoted 14,468 15,484 13,959
London median daily rate £525 £510 £475
Median daily rate % change year-on-year +2.94% +7.37% -
10th Percentile £320 £313 £300
90th Percentile £700 £688 £675
England median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +4.05%
Number of hourly rates quoted 211 194 198
London median hourly rate £22.50 £22.81 £20.00
Median hourly rate % change year-on-year -1.36% +14.05% -7.79%
10th Percentile £13.00 £13.41 £11.25
90th Percentile £72.03 £47.50 £56.87
England median hourly rate £24.11 £25.50 £24.41
% change year-on-year -5.45% +4.47% -1.77%

Banking
Job Vacancy Trend in London

Job postings citing Banking as a percentage of all IT jobs advertised in London.

Job vacancy trend for Banking in London

Banking
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Banking in London

Banking
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Banking in London over the 6 months to 12 November 2018.

Contractor daily rate histogram for Banking in London

Banking
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Banking in London

Banking
Contractor Hourly Rate Histogram in London

The hourly rate distribution of IT jobs citing Banking in London over the 6 months to 12 November 2018.

Contractor hourly rate histogram for Banking in London

Banking
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 within the London region over the 6 months to 12 November 2018. 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 -3 1,157 £575 +4.55% 252
East London -35 53 £584 +1.52% 24
South London -28 40 £575 - 12
West London -25 18 £438 +288.89% 51
North London -8 3 £500 +334.78% 2
Banking
England

For the 6 months to 12 November 2018, 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 London region with a requirement for Banking.

1 2,732 (50.55%) Finance
2 1,786 (33.04%) Agile Software Development
3 1,392 (25.75%) Java
4 1,337 (24.74%) Investment Banking
5 986 (18.24%) SQL
6 794 (14.69%) Front Office
7 649 (12.01%) JavaScript
7 649 (12.01%) C#
8 606 (11.21%) DevOps
9 577 (10.68%) Python
10 552 (10.21%) SQL Server
11 547 (10.12%) .NET
12 529 (9.79%) TDD
13 497 (9.20%) Linux
14 490 (9.07%) Microservices
15 458 (8.47%) Microsoft
16 446 (8.25%) Windows
17 444 (8.21%) Spring
18 432 (7.99%) Scrum
19 428 (7.92%) Jenkins
20 425 (7.86%) Amazon AWS
21 414 (7.66%) Oracle
22 404 (7.47%) Test Automation
23 400 (7.40%) HTML
23 400 (7.40%) Unix
24 398 (7.36%) AngularJS
25 396 (7.33%) Node.js
26 394 (7.29%) Stakeholder Management
27 392 (7.25%) Foreign Exchange (FX)
28 383 (7.09%) JIRA

Banking
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
1 186 (3.44%) Confluence
2 143 (2.65%) Apache
3 100 (1.85%) Apache Spark
4 83 (1.54%) IIS
5 70 (1.30%) SharePoint
6 63 (1.17%) Mule
7 62 (1.15%) Elasticsearch
8 61 (1.13%) Tomcat
9 59 (1.09%) Cloud Foundry
9 59 (1.09%) JBoss
10 51 (0.94%) WebSphere
11 35 (0.65%) CMS
12 32 (0.59%) WebLogic
13 27 (0.50%) MS Exchange
14 25 (0.46%) NServiceBus
15 24 (0.44%) Oracle SOA Suite
15 24 (0.44%) SAS
16 19 (0.35%) Exchange Server 2013
16 19 (0.35%) Oracle Coherence
17 17 (0.31%) Adobe Experience Manager
Applications
1 167 (3.09%) Microsoft Excel
2 106 (1.96%) Microsoft Office
3 61 (1.13%) Microsoft PowerPoint
4 38 (0.70%) MS Visio
5 30 (0.56%) Microsoft Project
6 29 (0.54%) Spreadsheet
7 24 (0.44%) InVision
8 14 (0.26%) Adobe Illustrator
8 14 (0.26%) Photoshop
9 10 (0.19%) Chatbot
10 4 (0.074%) InfoPath
11 2 (0.037%) Acrobat
11 2 (0.037%) SPSS
12 1 (0.019%) Adobe Creative Suite
12 1 (0.019%) Adobe Premiere
12 1 (0.019%) LaTeX
12 1 (0.019%) Shockwave
Business Applications
1 33 (0.61%) Dynamics CRM
2 28 (0.52%) ION MarketView
3 19 (0.35%) Salesforce.com CRM
4 15 (0.28%) Temenos T24
5 10 (0.19%) Oracle Financials
6 9 (0.17%) PeopleSoft HCM
6 9 (0.17%) PeopleSoft HRMS
7 7 (0.13%) Oracle Cash Management
8 6 (0.11%) Dynamics AX
8 6 (0.11%) Global One
8 6 (0.11%) Oracle General Ledger
9 5 (0.093%) Actimize
9 5 (0.093%) Oracle ERP
9 5 (0.093%) SAP HR
9 5 (0.093%) thinkFolio
10 4 (0.074%) Bloomberg TOMS
10 4 (0.074%) Eikon
10 4 (0.074%) Oracle EBS
10 4 (0.074%) Oracle FAH
10 4 (0.074%) Oracle Payables
Cloud Services
1 425 (7.86%) Amazon AWS
2 292 (5.40%) Microsoft Azure
3 94 (1.74%) Office 365
4 87 (1.61%) GitHub
5 81 (1.50%) Google Cloud Platform
6 67 (1.24%) PaaS
7 59 (1.09%) SaaS
8 56 (1.04%) Serverless
9 54 (1.00%) Cloud Computing
10 52 (0.96%) npm
11 51 (0.94%) IaaS
12 45 (0.83%) Apigee
12 45 (0.83%) OpenShift
13 36 (0.67%) AWS CloudFormation
13 36 (0.67%) IBM Cloud
14 23 (0.43%) AWS Lambda
15 20 (0.37%) Dynamics 365
16 16 (0.30%) Amazon Kinesis
17 14 (0.26%) Azure Data Factory
17 14 (0.26%) Sauce Labs
Communications & Networking
1 102 (1.89%) Firewall
2 56 (1.04%) Internet
3 45 (0.83%) HTTP
4 38 (0.70%) Network Security
4 38 (0.70%) SAN
5 36 (0.67%) SSL
6 34 (0.63%) DNS
6 34 (0.63%) WAN
7 28 (0.52%) LAN
7 28 (0.52%) TCP/IP
8 24 (0.44%) Kerberos
8 24 (0.44%) Skype
9 22 (0.41%) BGP
9 22 (0.41%) OSPF
10 20 (0.37%) Cisco ASA
11 19 (0.35%) DHCP
12 17 (0.31%) Cisco Nexus
12 17 (0.31%) Wireless
13 15 (0.28%) DMZ
14 14 (0.26%) AMQP
Database & Business Intelligence
1 552 (10.21%) SQL Server
2 218 (4.03%) Relational Database
3 209 (3.87%) MongoDB
4 196 (3.63%) NoSQL
5 188 (3.48%) SQL Server Integration Services
6 168 (3.11%) Data Warehouse
7 152 (2.81%) SQL Server Reporting Services
8 141 (2.61%) Hadoop
9 137 (2.53%) Big Data
10 82 (1.52%) RDBMS
11 77 (1.42%) Oracle Database
12 64 (1.18%) Blockchain
13 52 (0.96%) SQL Server 2008
14 47 (0.87%) SQL Server Analysis Services
15 45 (0.83%) PostgreSQL
16 44 (0.81%) Apache Cassandra
16 44 (0.81%) MySQL
17 42 (0.78%) Apache Hive
18 39 (0.72%) SQL Server 2014
19 37 (0.68%) Data Lake
Development Applications
1 428 (7.92%) Jenkins
2 383 (7.09%) JIRA
3 292 (5.40%) Git (software)
4 250 (4.63%) Maven
5 160 (2.96%) Selenium
6 134 (2.48%) Cucumber
7 131 (2.42%) TeamCity
8 129 (2.39%) Atlassian Bamboo
9 116 (2.15%) Subversion
10 107 (1.98%) JUnit
11 80 (1.48%) Sonatype Nexus
12 68 (1.26%) Bitbucket
12 68 (1.26%) Gradle
13 62 (1.15%) Hudson
14 56 (1.04%) Artifactory
15 52 (0.96%) Ant
16 43 (0.80%) WebDriver
17 40 (0.74%) Mockito
18 39 (0.72%) JMeter
19 37 (0.68%) Visual Studio
General
1 2,732 (50.55%) Finance
2 1,337 (24.74%) Investment Banking
3 794 (14.69%) Front Office
4 256 (4.74%) Retail Banking
5 167 (3.09%) Financial Institution
6 108 (2.00%) Retail
7 95 (1.76%) Private Banking
8 89 (1.65%) Back Office
9 78 (1.44%) Legal
10 60 (1.11%) Marketing
11 54 (1.00%) Telecoms
12 51 (0.94%) Corporate Banking
13 41 (0.76%) Games
13 41 (0.76%) Law
14 37 (0.68%) Advertising
15 25 (0.46%) International Banking
16 22 (0.41%) Publishing
17 17 (0.31%) Spanish Language
18 16 (0.30%) General Ledger
18 16 (0.30%) Wholesale Banking
Job Titles
1 2,171 (40.17%) Developer
2 774 (14.32%) Java Developer
3 730 (13.51%) Analyst
4 405 (7.49%) C# Developer
5 398 (7.36%) Architect
6 378 (6.99%) Business Analyst
7 368 (6.81%) Senior Developer
8 264 (4.88%) Project Manager
9 254 (4.70%) Banking Analyst
10 205 (3.79%) .NET Developer
11 201 (3.72%) DevOps Engineer
12 187 (3.46%) Full Stack Developer
13 153 (2.83%) Consultant
14 144 (2.66%) C# .NET Developer
15 143 (2.65%) Python Developer
16 139 (2.57%) Senior Java Developer
17 136 (2.52%) Front Office Developer
17 136 (2.52%) React Developer
18 127 (2.35%) SQL Developer
19 110 (2.04%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 547 (10.12%) .NET
2 444 (8.21%) Spring
3 400 (7.40%) HTML
4 398 (7.36%) AngularJS
5 396 (7.33%) Node.js
6 346 (6.40%) REST
7 336 (6.22%) React
8 290 (5.37%) CSS
9 287 (5.31%) Web Services
10 239 (4.42%) HTML5
11 206 (3.81%) Middleware
12 184 (3.40%) RESTful
13 180 (3.33%) Spring Boot
14 176 (3.26%) ASP.NET
15 166 (3.07%) XML
16 147 (2.72%) WCF
17 128 (2.37%) Hibernate
18 123 (2.28%) JSON
19 119 (2.20%) WPF
20 114 (2.11%) J2EE
Miscellaneous
1 392 (7.25%) Foreign Exchange (FX)
2 329 (6.09%) Fixed Income
3 290 (5.37%) Analytical Skills
4 283 (5.24%) Greenfield Project
5 259 (4.79%) Derivative
6 239 (4.42%) Fintech
7 211 (3.90%) Equities
8 190 (3.52%) User Experience
9 111 (2.05%) Computer Science
10 106 (1.96%) Self-Motivation
11 93 (1.72%) Credit Risk
12 92 (1.70%) Data Centre
13 91 (1.68%) Mobile App
14 88 (1.63%) Market Risk
15 82 (1.52%) Enterprise Software
16 71 (1.31%) Hedge funds
17 65 (1.20%) Online Banking
18 57 (1.05%) Algorithms
19 56 (1.04%) iPad
20 51 (0.94%) Data Structures
Operating Systems
1 497 (9.20%) Linux
2 446 (8.25%) Windows
3 400 (7.40%) Unix
4 119 (2.20%) Apple iOS
5 106 (1.96%) Windows Server
6 91 (1.68%) Android
7 90 (1.67%) Red Hat Enterprise Linux
8 61 (1.13%) Windows 10
9 59 (1.09%) Windows 7
10 47 (0.87%) Windows Server 2012
11 35 (0.65%) Solaris
12 34 (0.63%) Windows Server 2008
13 15 (0.28%) Mac OS
14 6 (0.11%) SUSE Linux Enterprise Server
14 6 (0.11%) Ubuntu
14 6 (0.11%) Windows 8
14 6 (0.11%) Windows Server 2003
15 5 (0.093%) AIX
15 5 (0.093%) Windows XP
16 4 (0.074%) CentOS
Processes & Methodologies
1 1,786 (33.04%) Agile Software Development
2 606 (11.21%) DevOps
3 529 (9.79%) TDD
4 490 (9.07%) Microservices
5 432 (7.99%) Scrum
6 404 (7.47%) Test Automation
7 394 (7.29%) Stakeholder Management
8 350 (6.48%) Continuous Integration
9 345 (6.38%) BDD
10 328 (6.07%) Multithreading
11 305 (5.64%) Problem-Solving
12 301 (5.57%) Migration
13 280 (5.18%) Project Management
14 273 (5.05%) SDLC
15 271 (5.01%) Analytics
16 230 (4.26%) Business Analysis
17 226 (4.18%) Software Engineering
18 207 (3.83%) OO
19 205 (3.79%) Low Latency
20 200 (3.70%) User Acceptance Testing
Programming Languages
1 1,392 (25.75%) Java
2 986 (18.24%) SQL
3 649 (12.01%) C#
3 649 (12.01%) JavaScript
4 577 (10.68%) Python
5 229 (4.24%) Java 8
6 224 (4.14%) C++
7 143 (2.65%) PowerShell
8 131 (2.42%) T-SQL
9 110 (2.04%) Perl
9 110 (2.04%) Scala
10 106 (1.96%) Bash Shell
11 99 (1.83%) PL/SQL
11 99 (1.83%) TypeScript
12 86 (1.59%) Ruby
13 85 (1.57%) Shell Script
14 83 (1.54%) VBA
15 82 (1.52%) C
16 75 (1.39%) ES6
17 64 (1.18%) Groovy
Qualifications
1 239 (4.42%) Degree
2 57 (1.05%) Computer Science Degree
3 51 (0.94%) CISSP
4 45 (0.83%) ITIL Certification
5 43 (0.80%) AWS Certification
6 41 (0.76%) Cisco Certification
7 35 (0.65%) ISEB
8 32 (0.59%) ISTQB
9 30 (0.56%) Microsoft Certification
10 29 (0.54%) Security Cleared
11 28 (0.52%) CCNP
12 25 (0.46%) PhD
13 23 (0.43%) ITIL Foundation Certificate
14 20 (0.37%) CISA
15 19 (0.35%) CISM
15 19 (0.35%) Master's Degree
16 18 (0.33%) MCSE
17 17 (0.31%) PMP
18 16 (0.30%) CCIE
18 16 (0.30%) Numerate Degree
Quality Assurance & Compliance
1 226 (4.18%) QA
2 91 (1.68%) PSD2
3 70 (1.30%) MiFID
4 60 (1.11%) PMO
5 50 (0.93%) Data Quality
6 33 (0.61%) GDPR
7 29 (0.54%) EMIR
8 25 (0.46%) SLA
9 22 (0.41%) Dodd-Frank
10 17 (0.31%) Basel III
11 15 (0.28%) IFRS
11 15 (0.28%) SEPA
12 12 (0.22%) IFRS 9
13 9 (0.17%) ISO/IEC 27001
14 8 (0.15%) Actionable Recommendations
15 7 (0.13%) PCI DSS
16 6 (0.11%) COBIT
16 6 (0.11%) COREP
16 6 (0.11%) ISO 20022
17 5 (0.093%) FINREP
System Software
1 295 (5.46%) Docker
2 116 (2.15%) Active Directory
3 75 (1.39%) VMware Infrastructure
4 28 (0.52%) vSphere
5 23 (0.43%) HDFS
6 21 (0.39%) OpenAM
6 21 (0.39%) VMware ESXi
7 18 (0.33%) XenApp
8 17 (0.31%) XenDesktop
9 12 (0.22%) Veritas Cluster Server
10 10 (0.19%) Virtual Machines
11 9 (0.17%) Hyper-V
12 8 (0.15%) Microsoft App-V
13 7 (0.13%) Virtual Desktop
14 6 (0.11%) Apache ZooKeeper
14 6 (0.11%) Oracle RAC
14 6 (0.11%) ProxySG
15 5 (0.093%) Apache Flume
15 5 (0.093%) LXC
15 5 (0.093%) Platform Symphony
Systems Management
1 220 (4.07%) Ansible
2 208 (3.85%) Kubernetes
3 120 (2.22%) Puppet
4 117 (2.16%) Terraform
5 92 (1.70%) Opscode Chef
6 48 (0.89%) SCCM
7 32 (0.59%) Single Sign-On
8 24 (0.44%) Oozie
9 22 (0.41%) Kibana
10 21 (0.39%) HP Quality Center
10 21 (0.39%) ITRS Geneos
11 20 (0.37%) Rancher
12 19 (0.35%) logstash
13 18 (0.33%) Control-M
13 18 (0.33%) Hadoop YARN
14 15 (0.28%) Consul
15 14 (0.26%) Tivoli
16 13 (0.24%) linkerd
16 13 (0.24%) Nagios
17 12 (0.22%) Packer
Vendors
1 458 (8.47%) Microsoft
2 414 (7.66%) Oracle
3 162 (3.00%) IBM
4 115 (2.13%) Google
5 111 (2.05%) VMware
6 94 (1.74%) Splunk
7 87 (1.61%) Red Hat
8 83 (1.54%) Citrix
9 82 (1.52%) Cisco
10 81 (1.50%) Sybase
11 79 (1.46%) Tableau
12 68 (1.26%) SAP
13 65 (1.20%) TIBCO
14 53 (0.98%) Apple
14 53 (0.98%) Bloomberg
15 50 (0.93%) Murex
16 49 (0.91%) Atlassian
16 49 (0.91%) Reuters
17 46 (0.85%) HP
17 46 (0.85%) Salesforce.com