Period
to 18 September 2019

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 18 September 2019 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
18 Sep 2019
Same period 2018 Same period 2017
Rank 13 8 6
Rank change year-on-year -5 -2 +2
Contract jobs citing Banking 3,948 5,485 6,712
As % of all contract IT jobs advertised in London 10.10% 11.94% 15.28%
As % of the General category 22.63% 25.19% 30.82%
Number of daily rates quoted 2,842 4,073 4,971
London median daily rate £550 £550 £550
10th Percentile £363 £380 £375
90th Percentile £725 £725 £688
England median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 40 63 27
London median hourly rate £21.00 £18.70 £17.00
Median hourly rate % change year-on-year +12.30% +10.00% -43.33%
10th Percentile £16.13 £15.00 £12.95
90th Percentile £61.78 £23.79 £28.26
England median hourly rate £21.00 £18.70 £15.00
% change year-on-year +12.30% +24.67% -32.20%

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 17,448 21,775 21,776
As % of all contract IT jobs advertised in London 44.65% 47.41% 49.58%
Number of daily rates quoted 12,133 15,494 15,630
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £325 £319 £313
90th Percentile £713 £700 £675
England median daily rate £500 £475 £463
% change year-on-year +5.26% +2.70% +2.78%
Number of hourly rates quoted 200 260 215
London median hourly rate £22.00 £22.97 £22.00
Median hourly rate % change year-on-year -4.20% +4.39% +6.43%
10th Percentile £12.76 £13.31 £13.10
90th Percentile £52.55 £50.00 £47.30
England median hourly rate £22.67 £22.50 £22.50
% change year-on-year +0.73% - +8.17%

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 18 September 2019.

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 18 September 2019.

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 18 September 2019. 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 -6 807 £548 -4.78% 160
South London +37 44 £575 - 15
East London -15 35 £548 -7.59% 22
West London +13 15 £525 +16.67% 47
North London -1 2 £450 -18.18% 1
Banking
England

For the 6 months to 18 September 2019, 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 2,136 (54.10%) Finance
2 1,262 (31.97%) Agile Software Development
3 972 (24.62%) Investment Banking
4 941 (23.83%) Java
5 713 (18.06%) SQL
6 490 (12.41%) Python
7 449 (11.37%) DevOps
8 445 (11.27%) Front Office
9 437 (11.07%) TDD
10 411 (10.41%) JavaScript
11 405 (10.26%) Microservices
12 381 (9.65%) Windows
13 349 (8.84%) AWS
14 346 (8.76%) C#
14 346 (8.76%) Stakeholder Management
15 311 (7.88%) Microsoft
16 305 (7.73%) .NET
17 284 (7.19%) Analytics
18 277 (7.02%) Docker
18 277 (7.02%) Oracle
19 266 (6.74%) Azure
20 264 (6.69%) SQL Server
20 264 (6.69%) Linux
21 255 (6.46%) Fintech
22 245 (6.21%) Derivative
23 243 (6.16%) Project Management
24 236 (5.98%) Migration
25 233 (5.90%) Test Automation
26 231 (5.85%) Scrum
27 226 (5.72%) Problem-Solving

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
1 116 (2.94%) Confluence
2 100 (2.53%) Apache Spark
3 46 (1.17%) Apache
4 45 (1.14%) IIS
5 40 (1.01%) SAS
6 39 (0.99%) Elasticsearch
7 33 (0.84%) SharePoint
8 31 (0.79%) Skype for Business
9 30 (0.76%) MS Exchange
10 29 (0.73%) WebSphere
11 19 (0.48%) JBoss
12 18 (0.46%) Tomcat
13 15 (0.38%) CMS
14 14 (0.35%) Cloud Foundry
15 13 (0.33%) Appian
15 13 (0.33%) Mule
15 13 (0.33%) nginx
16 10 (0.25%) Apache Airflow
16 10 (0.25%) Oracle Coherence
17 9 (0.23%) Oracle Workflow
Applications
1 136 (3.44%) Microsoft Excel
2 96 (2.43%) Microsoft Office
3 44 (1.11%) Microsoft PowerPoint
4 30 (0.76%) Microsoft Project
5 22 (0.56%) MS Visio
6 21 (0.53%) Sketch
7 13 (0.33%) Photoshop
8 12 (0.30%) Spreadsheet
9 11 (0.28%) Adobe Illustrator
9 11 (0.28%) InVision
10 9 (0.23%) Zeplin
11 7 (0.18%) Flinto
11 7 (0.18%) SPSS
12 6 (0.15%) Marvel
13 3 (0.076%) OmniGraffle
14 2 (0.051%) Adobe Premiere
14 2 (0.051%) Camtasia
14 2 (0.051%) Chatbot
14 2 (0.051%) InfoPath
14 2 (0.051%) UserZoom
Business Applications
1 24 (0.61%) Dynamics CRM
2 21 (0.53%) Endur
2 21 (0.53%) Temenos T24
3 18 (0.46%) Actimize
4 15 (0.38%) Salesforce.com CRM
5 14 (0.35%) Oracle Cash Management
6 13 (0.33%) Oracle Receivables
7 12 (0.30%) Oracle FAH
7 12 (0.30%) Oracle General Ledger
8 11 (0.28%) BusinessWorks
8 11 (0.28%) Oracle Assets
8 11 (0.28%) Oracle Internet Expenses
8 11 (0.28%) Oracle iProcurement
8 11 (0.28%) Oracle Payables
9 7 (0.18%) Oracle Subledger Accounting
9 7 (0.18%) SAP Oil and Gas
10 6 (0.15%) Eikon
11 5 (0.13%) ION MarketView
11 5 (0.13%) Oracle Procure-to-Pay
11 5 (0.13%) Summit
Cloud Services
1 349 (8.84%) AWS
2 266 (6.74%) Azure
3 181 (4.58%) GCP
4 103 (2.61%) Office 365
5 73 (1.85%) PaaS
6 70 (1.77%) SaaS
7 56 (1.42%) OpenShift
7 56 (1.42%) Serverless
8 55 (1.39%) Power Platform
9 53 (1.34%) IaaS
10 46 (1.17%) AWS Lambda
10 46 (1.17%) GitHub
11 29 (0.73%) npm
12 23 (0.58%) Cloud Computing
13 21 (0.53%) Amazon S3
14 20 (0.51%) AWS CloudFormation
15 15 (0.38%) Amazon Kinesis
15 15 (0.38%) Yarn
16 14 (0.35%) Amazon EC2
17 11 (0.28%) Apigee
Communications & Networking
1 76 (1.93%) Firewall
2 54 (1.37%) DNS
3 51 (1.29%) WAN
4 50 (1.27%) LAN
5 36 (0.91%) HTTP
6 34 (0.86%) TCP/IP
7 31 (0.79%) DHCP
8 27 (0.68%) Skype
9 26 (0.66%) Internet
9 26 (0.66%) Network Security
10 25 (0.63%) Multicast
11 24 (0.61%) Cisco Nexus
11 24 (0.61%) VPN
12 23 (0.58%) BGP
13 22 (0.56%) SAN
14 21 (0.53%) OSPF
15 20 (0.51%) FTP
16 15 (0.38%) Cisco ASA
17 12 (0.30%) MPLS
17 12 (0.30%) Wi-Fi
Database & Business Intelligence
1 264 (6.69%) SQL Server
2 163 (4.13%) Big Data
3 143 (3.62%) NoSQL
4 133 (3.37%) Data Warehouse
5 116 (2.94%) SQL Server Integration Services
6 104 (2.63%) Relational Database
7 97 (2.46%) SQL Server Reporting Services
8 93 (2.36%) Hadoop
9 82 (2.08%) MongoDB
10 75 (1.90%) Oracle Database
11 57 (1.44%) Apache Cassandra
12 55 (1.39%) Power BI
13 50 (1.27%) PostgreSQL
14 48 (1.22%) MySQL
15 43 (1.09%) Apache Hive
16 37 (0.94%) Amazon DynamoDB
17 36 (0.91%) RDBMS
18 32 (0.81%) QlikView
18 32 (0.81%) SQL Server Analysis Services
19 28 (0.71%) Redis
Development Applications
1 213 (5.40%) Git (software)
2 209 (5.29%) JIRA
3 175 (4.43%) Jenkins
4 95 (2.41%) TeamCity
5 66 (1.67%) Cucumber
5 66 (1.67%) Selenium
6 61 (1.55%) Maven
7 59 (1.49%) Bitbucket
8 51 (1.29%) JUnit
9 33 (0.84%) Subversion
10 25 (0.63%) Team Foundation Server
10 25 (0.63%) webpack
11 20 (0.51%) Axure RP
11 20 (0.51%) Eclipse
11 20 (0.51%) Sonatype Nexus
12 19 (0.48%) Gradle
13 17 (0.43%) Visual Studio
14 16 (0.41%) CircleCI
14 16 (0.41%) Mocha
15 15 (0.38%) Ant
General
1 2,136 (54.10%) Finance
2 972 (24.62%) Investment Banking
3 445 (11.27%) Front Office
4 198 (5.02%) Retail Banking
5 171 (4.33%) Financial Institution
6 116 (2.94%) Retail
7 102 (2.58%) Back Office
8 73 (1.85%) Marketing
9 70 (1.77%) Legal
10 40 (1.01%) Law
11 39 (0.99%) Private Banking
12 36 (0.91%) International Banking
13 35 (0.89%) Telecoms
14 32 (0.81%) Corporate Banking
15 23 (0.58%) Games
16 20 (0.51%) Public Sector
17 18 (0.46%) Advertising
18 15 (0.38%) German Language
18 15 (0.38%) Publishing
19 14 (0.35%) Billing
Job Titles
1 1,403 (35.54%) Developer
2 577 (14.61%) Analyst
3 471 (11.93%) Java Developer
4 334 (8.46%) Architect
5 303 (7.67%) Business Analyst
6 245 (6.21%) Senior Developer
7 180 (4.56%) C# Developer
8 174 (4.41%) Project Manager
9 157 (3.98%) Banking Analyst
10 128 (3.24%) Senior Java Developer
11 126 (3.19%) Python Developer
12 120 (3.04%) .NET Developer
13 118 (2.99%) Consultant
13 118 (2.99%) SQL Developer
14 110 (2.79%) DevOps Engineer
15 105 (2.66%) React Developer
16 99 (2.51%) Solutions Architect
17 81 (2.05%) Full Stack Developer
18 70 (1.77%) C# .NET Developer
18 70 (1.77%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 305 (7.73%) .NET
2 212 (5.37%) Spring
3 205 (5.19%) React
4 204 (5.17%) AngularJS
5 202 (5.12%) HTML
6 189 (4.79%) Kafka
7 158 (4.00%) REST
8 157 (3.98%) Web Services
9 152 (3.85%) Node.js
10 149 (3.77%) Spring Boot
11 143 (3.62%) RESTful
12 139 (3.52%) CSS
13 107 (2.71%) XML
14 96 (2.43%) HTML5
15 87 (2.20%) JSON
16 73 (1.85%) SOAP
17 70 (1.77%) Redux
18 63 (1.60%) Hibernate
19 52 (1.32%) Middleware
20 48 (1.22%) .NET Framework
Miscellaneous
1 245 (6.21%) Derivative
2 223 (5.65%) Analytical Skills
3 215 (5.45%) Foreign Exchange (FX)
4 191 (4.84%) Greenfield Project
5 170 (4.31%) User Experience
6 142 (3.60%) Equities
7 120 (3.04%) Fixed Income
8 76 (1.93%) Self-Motivation
9 75 (1.90%) Mobile App
10 68 (1.72%) Credit Risk
11 65 (1.65%) Equity Derivative
11 65 (1.65%) Mobile Banking
12 62 (1.57%) SWIFT
13 58 (1.47%) Management Information System
14 57 (1.44%) Algorithms
14 57 (1.44%) Virtual Team
15 56 (1.42%) Data Structures
16 50 (1.27%) Data Centre
17 46 (1.17%) Public Cloud
18 44 (1.11%) Market Risk
Operating Systems
1 381 (9.65%) Windows
2 264 (6.69%) Linux
3 165 (4.18%) Unix
4 129 (3.27%) Windows 10
5 96 (2.43%) Windows Server
6 77 (1.95%) Windows 7
7 66 (1.67%) Apple iOS
8 65 (1.65%) Android
9 29 (0.73%) Windows Server 2012
10 28 (0.71%) Red Hat Enterprise Linux
11 20 (0.51%) Windows Server 2008
12 18 (0.46%) Solaris
13 7 (0.18%) CentOS
14 6 (0.15%) CoreOS
14 6 (0.15%) Mac OS
14 6 (0.15%) Windows 8
15 5 (0.13%) VMS
16 3 (0.076%) Check Point GAiA
17 2 (0.051%) Windows Server 2003
18 1 (0.025%) OS/400
Processes & Methodologies
1 1,262 (31.97%) Agile Software Development
2 449 (11.37%) DevOps
3 437 (11.07%) TDD
4 405 (10.26%) Microservices
5 346 (8.76%) Stakeholder Management
6 284 (7.19%) Analytics
7 255 (6.46%) Fintech
8 243 (6.16%) Project Management
9 236 (5.98%) Migration
10 233 (5.90%) Test Automation
11 231 (5.85%) Scrum
12 226 (5.72%) Problem-Solving
13 225 (5.70%) Continuous Integration
14 219 (5.55%) SDLC
15 179 (4.53%) Software Engineering
16 176 (4.46%) BDD
17 148 (3.75%) Change Management
18 145 (3.67%) Risk Management
19 141 (3.57%) Business Analysis
19 141 (3.57%) Multithreading
Programming Languages
1 941 (23.83%) Java
2 713 (18.06%) SQL
3 490 (12.41%) Python
4 411 (10.41%) JavaScript
5 346 (8.76%) C#
6 168 (4.26%) Java 8
7 137 (3.47%) Scala
8 106 (2.68%) PowerShell
9 92 (2.33%) C++
10 85 (2.15%) VB.NET
11 84 (2.13%) PL/SQL
12 82 (2.08%) VBA
13 74 (1.87%) TypeScript
14 70 (1.77%) T-SQL
15 60 (1.52%) Perl
16 51 (1.29%) ES6
16 51 (1.29%) R
17 50 (1.27%) Bash Shell
18 48 (1.22%) Kotlin
19 38 (0.96%) VB
Qualifications
1 225 (5.70%) Degree
2 35 (0.89%) Cisco Certification
3 30 (0.76%) PMI Certification
4 29 (0.73%) ITIL Certification
4 29 (0.73%) PMP
5 26 (0.66%) Computer Science Degree
5 26 (0.66%) Security Cleared
6 25 (0.63%) PhD
7 22 (0.56%) SC Cleared
8 21 (0.53%) CCNP
9 20 (0.51%) CISSP
10 14 (0.35%) PRINCE2 Certification
11 13 (0.33%) CISA
11 13 (0.33%) CISM
11 13 (0.33%) ISTQB
11 13 (0.33%) Microsoft Certification
11 13 (0.33%) OCP
11 13 (0.33%) Oracle Certification
12 12 (0.30%) OCA
13 11 (0.28%) CCIE
Quality Assurance & Compliance
1 132 (3.34%) QA
2 83 (2.10%) PMO
3 79 (2.00%) PSD2
4 56 (1.42%) MiFID
5 33 (0.84%) Data Quality
5 33 (0.84%) GDPR
6 31 (0.79%) SEPA
7 24 (0.61%) SLA
8 19 (0.48%) EMIR
9 16 (0.41%) ISO/IEC 27001
10 13 (0.33%) Dodd-Frank
11 12 (0.30%) Basel III
12 10 (0.25%) IFRS
12 10 (0.25%) IFRS 9
13 8 (0.20%) ITGC
14 7 (0.18%) NIST
14 7 (0.18%) TARGET2
15 6 (0.15%) COREP
15 6 (0.15%) P3O
16 5 (0.13%) COBIT
System Software
1 277 (7.02%) Docker
2 161 (4.08%) Active Directory
3 60 (1.52%) VMware Infrastructure
4 57 (1.44%) XenApp
5 48 (1.22%) XenDesktop
6 27 (0.68%) Oracle RAC
7 24 (0.61%) Hyper-V
8 16 (0.41%) HDFS
9 15 (0.38%) Virtual Desktop
10 14 (0.35%) VMware ESXi
11 13 (0.33%) OpenAM
12 11 (0.28%) OpenDJ
13 9 (0.23%) KVM
13 9 (0.23%) Virtual Machines
14 8 (0.20%) Citrix Hypervisor
14 8 (0.20%) ProxySG
15 7 (0.18%) OpenIDM
16 5 (0.13%) vSphere
17 4 (0.10%) Apache ZooKeeper
17 4 (0.10%) VMware Workstation
Systems Management
1 213 (5.40%) Kubernetes
2 134 (3.39%) Ansible
3 97 (2.46%) Terraform
4 72 (1.82%) SCCM
5 43 (1.09%) Puppet
6 23 (0.58%) Control-M
6 23 (0.58%) Grafana
7 21 (0.53%) Data Guard
8 18 (0.46%) Opscode Chef
9 15 (0.38%) Single Sign-On
10 14 (0.35%) Microsoft Clustering
11 13 (0.33%) Kibana
11 13 (0.33%) linkerd
11 13 (0.33%) Oracle RMAN
12 11 (0.28%) Hadoop YARN
12 11 (0.28%) Microsoft Intune
12 11 (0.28%) SCOM
13 8 (0.20%) AirWatch
13 8 (0.20%) logstash
13 8 (0.20%) Symantec Endpoint Protection
Vendors
1 311 (7.88%) Microsoft
2 277 (7.02%) Oracle
3 141 (3.57%) Google
4 108 (2.74%) Citrix
5 105 (2.66%) VMware
6 75 (1.90%) Cisco
7 62 (1.57%) IBM
7 62 (1.57%) Salesforce.com
8 56 (1.42%) MuleSoft
9 50 (1.27%) Bloomberg
10 47 (1.19%) Tableau
11 46 (1.17%) TIBCO
12 45 (1.14%) Splunk
13 44 (1.11%) Red Hat
13 44 (1.11%) SAP
14 42 (1.06%) Reuters
15 40 (1.01%) Sybase
16 31 (0.79%) Cadence
16 31 (0.79%) HP
17 27 (0.68%) CheckPoint