Period
to 4 April 2020

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 4 April 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.

Banking
England > London
6 months to
4 Apr 2020
Same period 2019 Same period 2018
Rank 15 11 8
Rank change year-on-year -4 -3 -1
Contract jobs citing Banking 2,248 4,674 5,685
As % of all contract jobs advertised in London 8.93% 10.99% 12.21%
As % of the General category 20.46% 23.82% 25.71%
Number of daily rates quoted 1,597 3,432 4,098
Median daily rate £575 £561 £550
Median daily rate % change year-on-year +2.45% +2.05% -
10th Percentile £363 £380 £363
90th Percentile £738 £725 £725
England median daily rate £550 £550 £525
% change year-on-year - +4.76% -
Number of hourly rates quoted 28 46 34
Median hourly rate £21.00 £20.00 £15.00
Median hourly rate % change year-on-year +5.00% +33.33% -29.41%
England median hourly rate £22.25 £19.50 £15.93
% change year-on-year +14.10% +22.41% -25.04%

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 10,985 19,626 22,112
As % of all contract IT jobs advertised in London 43.64% 46.14% 47.50%
Number of daily rates quoted 7,622 13,854 15,812
Median daily rate £525 £525 £500
Median daily rate % change year-on-year - +4.95% +0.05%
10th Percentile £323 £325 £313
90th Percentile £725 £700 £700
England median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 190 219 291
Median hourly rate £32.50 £25.00 £23.38
Median hourly rate % change year-on-year +30.00% +6.95% +1.63%
10th Percentile £12.49 £14.95 £13.00
90th Percentile £53.75 £53.75 £47.83
Median hourly rate £23.94 £22.92 £22.02
% change year-on-year +4.47% +4.09% +2.31%

Banking
Job Vacancy Trend in London

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

Job vacancy trend for Banking in London

Banking
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Banking in London.

Daily rate trend for Banking in London

Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Banking in London over the 6 months to 4 April 2020.

Daily rate histogram for Banking in London

Banking
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Banking in London.

Hourly rate trend for Banking in London

Banking
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Banking in London over the 6 months to 4 April 2020.

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 4 April 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
Central London -3 485 £550 - 108
East London -11 18 £498 -5.24% 9
South London +5 17 £550 - 9
North London +24 6 £363 -39.58% 4
West London +21 1 £515 +3.00% 59
Banking
England

For the 6 months to 4 April 2020, 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 1,083 (48.18%) Finance
2 682 (30.34%) Java
3 656 (29.18%) Agile Software Development
4 634 (28.20%) Investment Banking
5 440 (19.57%) Front Office
6 410 (18.24%) SQL
7 342 (15.21%) Python
8 314 (13.97%) JavaScript
9 294 (13.08%) Foreign Exchange (FX)
10 276 (12.28%) DevOps
11 250 (11.12%) C#
12 231 (10.28%) Azure
13 230 (10.23%) TDD
14 225 (10.01%) AWS
15 215 (9.56%) Microservices
16 206 (9.16%) AngularJS
17 203 (9.03%) Fixed Income
18 199 (8.85%) Oracle
19 194 (8.63%) Derivative
20 185 (8.23%) React
21 182 (8.10%) .NET
22 181 (8.05%) Software Engineering
23 180 (8.01%) Problem-Solving
24 177 (7.87%) Web Services
25 175 (7.78%) Analytical Skills
26 173 (7.70%) GCP
27 169 (7.52%) Windows
27 169 (7.52%) Asset Management
27 169 (7.52%) Kubernetes
28 163 (7.25%) HTML

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 57 (2.54%) Apache Spark
2 46 (2.05%) Confluence
3 39 (1.73%) Elasticsearch
4 35 (1.56%) Apache
5 33 (1.47%) SAS
6 28 (1.25%) SharePoint
7 17 (0.76%) WebSphere
8 14 (0.62%) Apache Airflow
9 13 (0.58%) Oracle Coherence
10 12 (0.53%) Skype for Business
11 10 (0.44%) IIS
11 10 (0.44%) MS Exchange
12 9 (0.40%) Cloud Foundry
12 9 (0.40%) WebLogic
13 7 (0.31%) CMS
14 6 (0.27%) Mule
14 6 (0.27%) Oracle Workflow
14 6 (0.27%) WebSphere Application Server
15 5 (0.22%) nginx
15 5 (0.22%) Tomcat
Applications
1 76 (3.38%) Microsoft Excel
2 39 (1.73%) Microsoft Office
3 27 (1.20%) Microsoft PowerPoint
4 20 (0.89%) Sketch
5 11 (0.49%) Microsoft Project
6 8 (0.36%) Spreadsheet
7 7 (0.31%) InVision
8 6 (0.27%) MS Visio
9 3 (0.13%) Adobe Illustrator
9 3 (0.13%) Photoshop
9 3 (0.13%) Zeplin
10 2 (0.089%) Adobe After Effects
10 2 (0.089%) Adobe Premiere
10 2 (0.089%) Camtasia
10 2 (0.089%) OmniGraffle
10 2 (0.089%) RoboHelp
10 2 (0.089%) UserZoom
11 1 (0.044%) Adobe Captivate
11 1 (0.044%) Adobe XD
11 1 (0.044%) InfoPath
Business Applications
1 34 (1.51%) FINCAD Analytics
2 13 (0.58%) Misys Midas
3 8 (0.36%) Dynamics CRM
4 7 (0.31%) ION MarketView
4 7 (0.31%) Sophis RISQUE
4 7 (0.31%) Temenos T24
5 5 (0.22%) BusinessWorks
5 5 (0.22%) Loan IQ
6 4 (0.18%) Distributed Ledger
6 4 (0.18%) Oracle Cash Management
6 4 (0.18%) R3 Corda
6 4 (0.18%) SAP S/4HANA
6 4 (0.18%) thinkFolio
7 3 (0.13%) FLEXCUBE
7 3 (0.13%) Markit EDM
7 3 (0.13%) Oracle BPM
7 3 (0.13%) PolarLake
7 3 (0.13%) Summit
8 2 (0.089%) SAP FI
8 2 (0.089%) Temenos Globus
Cloud Services
1 231 (10.28%) Azure
2 225 (10.01%) AWS
3 173 (7.70%) GCP
4 34 (1.51%) AWS Step Functions
5 30 (1.33%) Office 365
5 30 (1.33%) OpenShift
5 30 (1.33%) PaaS
6 29 (1.29%) GitHub
7 28 (1.25%) Serverless
8 24 (1.07%) Power Platform
9 21 (0.93%) Amazon ECS
10 18 (0.80%) Apigee
10 18 (0.80%) IaaS
11 17 (0.76%) Amazon SQS
11 17 (0.76%) AWS Lambda
12 16 (0.71%) SaaS
13 15 (0.67%) Azure Functions
14 13 (0.58%) npm
15 12 (0.53%) Stackdriver
16 8 (0.36%) TestFlight
Communications & Networking
1 42 (1.87%) LAN
2 40 (1.78%) Firewall
3 30 (1.33%) TCP/IP
4 29 (1.29%) VPN
5 28 (1.25%) Cisco Nexus
6 27 (1.20%) DNS
7 25 (1.11%) Cisco IOS
7 25 (1.11%) HTTP
8 24 (1.07%) MPLS
8 24 (1.07%) WAN
9 23 (1.02%) BGP
9 23 (1.02%) Multicast
9 23 (1.02%) OSPF
10 21 (0.93%) NX-OS
11 20 (0.89%) EIGRP
11 20 (0.89%) Wireless
12 19 (0.85%) Junos
13 17 (0.76%) Wireshark
14 16 (0.71%) Ethernet
14 16 (0.71%) WLAN
Database & Business Intelligence
1 138 (6.14%) SQL Server
2 92 (4.09%) NoSQL
3 91 (4.05%) Big Data
4 86 (3.83%) Relational Database
5 75 (3.34%) Data Warehouse
6 67 (2.98%) MongoDB
7 58 (2.58%) PostgreSQL
8 52 (2.31%) Apache Cassandra
9 48 (2.14%) RDBMS
10 42 (1.87%) Redis
11 38 (1.69%) Amazon DynamoDB
12 37 (1.65%) Hadoop
13 35 (1.56%) Amazon Athena
14 34 (1.51%) HBase
14 34 (1.51%) SQL Server Integration Services
14 34 (1.51%) SQL Server Reporting Services
15 33 (1.47%) DB2
16 32 (1.42%) Oracle Database
17 29 (1.29%) Amazon Aurora
18 27 (1.20%) Couchbase
Development Applications
1 149 (6.63%) JIRA
2 132 (5.87%) Git (software)
3 128 (5.69%) Jenkins
4 71 (3.16%) JUnit
5 64 (2.85%) Maven
6 52 (2.31%) TeamCity
7 42 (1.87%) Cucumber
8 37 (1.65%) Selenium
8 37 (1.65%) Subversion
9 33 (1.47%) Sonatype Nexus
10 26 (1.16%) Bitbucket
11 25 (1.11%) GitLab
11 25 (1.11%) Gradle
12 20 (0.89%) Mockito
12 20 (0.89%) Team Foundation Server
13 18 (0.80%) Octopus Deploy
13 18 (0.80%) Visual Studio
14 16 (0.71%) RStudio
15 14 (0.62%) Ant
15 14 (0.62%) CircleCI
General
1 1,083 (48.18%) Finance
2 634 (28.20%) Investment Banking
3 440 (19.57%) Front Office
4 101 (4.49%) Retail Banking
5 68 (3.02%) Retail
6 62 (2.76%) Back Office
7 44 (1.96%) Corporate Banking
8 38 (1.69%) Financial Institution
9 36 (1.60%) Marketing
10 29 (1.29%) International Banking
11 28 (1.25%) Legal
12 22 (0.98%) Telecoms
13 17 (0.76%) Private Banking
14 11 (0.49%) Public Sector
15 10 (0.44%) French Language
15 10 (0.44%) Games
16 8 (0.36%) Law
16 8 (0.36%) Publishing
17 6 (0.27%) Wholesale Banking
18 5 (0.22%) Prime Brokerage
Job Titles
1 938 (41.73%) Developer
2 307 (13.66%) Java Developer
3 298 (13.26%) Analyst
4 171 (7.61%) Senior Developer
5 152 (6.76%) Business Analyst
6 136 (6.05%) Architect
7 115 (5.12%) C# Developer
8 101 (4.49%) Project Manager
9 99 (4.40%) Python Developer
10 81 (3.60%) Senior Java Developer
11 78 (3.47%) Consultant
12 76 (3.38%) DevOps Engineer
13 72 (3.20%) Front Office Developer
14 71 (3.16%) AWS Developer
15 69 (3.07%) Full Stack Developer
16 67 (2.98%) Banking Analyst
17 64 (2.85%) Java Engineer
18 60 (2.67%) React Developer
19 58 (2.58%) SQL Developer
20 56 (2.49%) Angular Developer
Libraries, Frameworks & Software Standards
1 206 (9.16%) AngularJS
2 185 (8.23%) React
3 182 (8.10%) .NET
4 177 (7.87%) Web Services
5 163 (7.25%) HTML
6 162 (7.21%) Spring
7 124 (5.52%) CSS
8 112 (4.98%) Spring Boot
9 97 (4.31%) REST
10 90 (4.00%) HTML5
11 82 (3.65%) Node.js
12 80 (3.56%) RESTful
13 74 (3.29%) J2EE
14 62 (2.76%) Kafka
15 54 (2.40%) Middleware
15 54 (2.40%) Vue.js
16 52 (2.31%) SOAP
17 50 (2.22%) Hibernate
17 50 (2.22%) XML
18 47 (2.09%) WPF
Miscellaneous
1 294 (13.08%) Foreign Exchange (FX)
2 203 (9.03%) Fixed Income
3 194 (8.63%) Derivative
4 175 (7.78%) Analytical Skills
5 141 (6.27%) Equities
6 112 (4.98%) Hedge funds
7 110 (4.89%) User Experience
8 77 (3.43%) Credit Risk
9 66 (2.94%) Greenfield Project
10 52 (2.31%) Data Structures
11 49 (2.18%) Equity Derivative
12 46 (2.05%) Market Risk
13 45 (2.00%) Data Centre
14 35 (1.56%) Enterprise Software
14 35 (1.56%) Mobile App
15 34 (1.51%) Virtual Team
16 33 (1.47%) Algorithms
17 30 (1.33%) Mobile Banking
18 26 (1.16%) Management Information System
18 26 (1.16%) Self-Motivation
Operating Systems
1 169 (7.52%) Windows
2 141 (6.27%) Linux
3 96 (4.27%) Unix
4 57 (2.54%) Android
5 46 (2.05%) Apple iOS
5 46 (2.05%) Windows Server
6 33 (1.47%) Windows 10
7 25 (1.11%) Red Hat Enterprise Linux
8 23 (1.02%) Windows Server 2016
9 22 (0.98%) Windows Server 2012
10 18 (0.80%) Windows 7
11 11 (0.49%) Solaris
12 7 (0.31%) Mac OS X
13 5 (0.22%) Windows Server 2008
14 4 (0.18%) Windows XP
15 3 (0.13%) Mac OS
16 2 (0.089%) CentOS
16 2 (0.089%) SUSE
16 2 (0.089%) SUSE Linux Enterprise Server
16 2 (0.089%) Ubuntu
Processes & Methodologies
1 656 (29.18%) Agile Software Development
2 276 (12.28%) DevOps
3 230 (10.23%) TDD
4 215 (9.56%) Microservices
5 181 (8.05%) Software Engineering
6 180 (8.01%) Problem-Solving
7 169 (7.52%) Asset Management
8 158 (7.03%) Migration
9 150 (6.67%) Stakeholder Management
10 149 (6.63%) Scrum
11 147 (6.54%) Multithreading
12 139 (6.18%) Test Automation
13 137 (6.09%) Analytics
14 135 (6.01%) SDLC
15 132 (5.87%) BDD
16 128 (5.69%) Fintech
17 123 (5.47%) Business Analysis
18 120 (5.34%) Project Management
19 109 (4.85%) Investment Management
20 106 (4.72%) Continuous Integration
Programming Languages
1 682 (30.34%) Java
2 410 (18.24%) SQL
3 342 (15.21%) Python
4 314 (13.97%) JavaScript
5 250 (11.12%) C#
6 93 (4.14%) C++
7 85 (3.78%) Java 8
7 85 (3.78%) Kotlin
8 78 (3.47%) TypeScript
9 67 (2.98%) PowerShell
10 66 (2.94%) Scala
11 53 (2.36%) VBA
12 38 (1.69%) Perl
13 35 (1.56%) R
14 29 (1.29%) PL/SQL
15 26 (1.16%) Shell Script
15 26 (1.16%) T-SQL
16 25 (1.11%) VB.NET
17 23 (1.02%) Bash Shell
18 20 (0.89%) Go
Qualifications
1 125 (5.56%) Degree
2 32 (1.42%) Computer Science Degree
3 25 (1.11%) Cisco Certification
4 24 (1.07%) CCNP
5 21 (0.93%) Security Cleared
6 20 (0.89%) CCNA
7 18 (0.80%) VMware Certified Professional (VCP)
8 15 (0.67%) SC Cleared
9 13 (0.58%) ISEB
10 12 (0.53%) CISSP
11 11 (0.49%) ISTQB
11 11 (0.49%) PMI Certification
12 6 (0.27%) Master's Degree
12 6 (0.27%) Numerate Degree
12 6 (0.27%) PMP
13 5 (0.22%) A+ Certification
13 5 (0.22%) ACCA
13 5 (0.22%) DV Cleared
13 5 (0.22%) Network+ Certification
14 4 (0.18%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 85 (3.78%) QA
2 41 (1.82%) PMO
3 23 (1.02%) Data Quality
4 18 (0.80%) PSD2
4 18 (0.80%) SLA
5 14 (0.62%) IFRS
5 14 (0.62%) MiFID
6 12 (0.53%) GDPR
7 11 (0.49%) Basel III
7 11 (0.49%) ISO/IEC 27001
8 9 (0.40%) CRD IV
8 9 (0.40%) EMIR
8 9 (0.40%) IFRS 9
8 9 (0.40%) SEPA
9 6 (0.27%) Basel II
9 6 (0.27%) COBIT
9 6 (0.27%) COREP
10 5 (0.22%) Dodd-Frank
11 4 (0.18%) SSAE 16
12 3 (0.13%) ITGC
System Software
1 160 (7.12%) Docker
2 78 (3.47%) Active Directory
3 35 (1.56%) VMware Infrastructure
4 12 (0.53%) vSphere
5 11 (0.49%) Virtual Machines
6 7 (0.31%) XenApp
6 7 (0.31%) XenDesktop
7 6 (0.27%) Microsoft App-V
7 6 (0.27%) OpenAM
7 6 (0.27%) Squid
7 6 (0.27%) Terminal Services
8 4 (0.18%) HDFS
8 4 (0.18%) VMware ESXi
9 3 (0.13%) Citrix Hypervisor
9 3 (0.13%) NFS
9 3 (0.13%) OpenDJ
9 3 (0.13%) OpenIDM
9 3 (0.13%) Veritas Cluster Server
9 3 (0.13%) Veritas Volume Manager
10 2 (0.089%) Samba
Systems Management
1 169 (7.52%) Kubernetes
2 94 (4.18%) Terraform
3 85 (3.78%) Ansible
4 44 (1.96%) Puppet
5 30 (1.33%) Opscode Chef
5 30 (1.33%) SCCM
6 21 (0.93%) Nagios
7 20 (0.89%) Cacti
8 14 (0.62%) Cisco Prime
8 14 (0.62%) NetMRI
8 14 (0.62%) Statseeker
8 14 (0.62%) ZABBIX
9 13 (0.58%) ITRS Geneos
10 10 (0.44%) HP Quality Center
11 8 (0.36%) Control-M
11 8 (0.36%) Grafana
11 8 (0.36%) Kibana
11 8 (0.36%) Single Sign-On
11 8 (0.36%) vRealize
12 7 (0.31%) Istio
Vendors
1 199 (8.85%) Oracle
2 124 (5.52%) Google
3 123 (5.47%) Microsoft
4 56 (2.49%) Cisco
5 53 (2.36%) Sybase
6 48 (2.14%) VMware
7 42 (1.87%) Splunk
8 38 (1.69%) Bloomberg
9 29 (1.29%) Tableau
10 28 (1.25%) IBM
10 28 (1.25%) Juniper
11 26 (1.16%) Murex
11 26 (1.16%) SAP
12 25 (1.11%) Citrix
12 25 (1.11%) Red Hat
13 19 (0.85%) HP
14 18 (0.80%) Adobe
15 17 (0.76%) NetScout
15 17 (0.76%) Salesforce.com
15 17 (0.76%) TIBCO