Period
to

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 28 June 2022 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
28 Jun 2022
Same period 2021 Same period 2020
Rank 12 10 11
Rank change year-on-year -2 +1 +2
Contract jobs citing Banking 4,875 3,311 1,911
As % of all contract jobs advertised in London 12.46% 12.34% 11.01%
As % of the General category 20.33% 21.41% 19.21%
Number of daily rates quoted 3,275 2,439 1,425
10th Percentile £461 £413 £400
25th Percentile £550 £500 £463
Median daily rate (50th Percentile) £650 £600 £600
Median % change year-on-year +8.33% - +9.09%
75th Percentile £775 £700 £700
90th Percentile £863 £763 £763
England median daily rate £650 £588 £563
% change year-on-year +10.64% +4.44% +2.27%
Number of hourly rates quoted 12 5 10
10th Percentile £24.12 £15.11 £15.87
25th Percentile £26.00 £16.08 £16.94
Median hourly rate £30.00 £22.50 £20.00
Median % change year-on-year +33.33% +12.50% -4.76%
75th Percentile £60.63 £73.75 £23.89
90th Percentile £82.08 £79.75 £32.22
England median hourly rate £27.50 £14.03 £18.75
% change year-on-year +96.01% -25.17% -6.25%

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 23,984 15,468 9,949
As % of all contract IT jobs advertised in London 61.30% 57.64% 57.32%
Number of daily rates quoted 17,471 10,911 7,076
10th Percentile £388 £350 £320
25th Percentile £475 £450 £415
Median daily rate (50th Percentile) £585 £550 £525
Median % change year-on-year +6.36% +4.76% -
75th Percentile £700 £650 £638
90th Percentile £800 £728 £725
England median daily rate £550 £500 £488
% change year-on-year +10.00% +2.56% +2.63%
Number of hourly rates quoted 266 170 151
10th Percentile £18.25 £14.75 £14.38
25th Percentile £25.68 £20.00 £18.60
Median hourly rate £36.75 £29.00 £26.50
Median % change year-on-year +26.72% +9.43% +26.19%
75th Percentile £50.00 £47.50 £42.98
90th Percentile £67.50 £65.00 £55.00
England median hourly rate £23.00 £21.00 £20.00
% change year-on-year +9.52% +5.00% -

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 28 June 2022.

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 28 June 2022.

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 28 June 2022. 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
Jobs
Central London -2 539 £650 +8.33% 99
South London -8 27 £638 +8.51% 3
East London +10 25 £400 +19.40% 30
West London - 2 £515 - 12
Banking
England

For the 6 months to 28 June 2022, 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 2,608 (53.50%) Finance
2 1,739 (35.67%) Investment Banking
3 1,552 (31.84%) Agile
4 1,273 (26.11%) Social Skills
5 1,021 (20.94%) Java
6 999 (20.49%) SQL
7 788 (16.16%) Python
8 771 (15.82%) Front Office
9 682 (13.99%) DevOps
10 602 (12.35%) C#
11 591 (12.12%) Azure
12 557 (11.43%) CI/CD
13 547 (11.22%) Problem-Solving
14 534 (10.95%) Analytical Skills
15 516 (10.58%) Change Management
16 453 (9.29%) .NET
17 447 (9.17%) Oracle
18 416 (8.53%) JIRA
19 395 (8.10%) Stakeholder Management
19 395 (8.10%) Scrum
20 392 (8.04%) Microsoft
21 382 (7.84%) Project Management
21 382 (7.84%) SQL Server
21 382 (7.84%) Microservices
22 375 (7.69%) JavaScript
23 369 (7.57%) Foreign Exchange (FX)
23 369 (7.57%) AWS
23 369 (7.57%) Electronic Trading
24 365 (7.49%) Windows
25 356 (7.30%) Digital Transformation Programme

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
1 182 (3.73%) Confluence
2 111 (2.28%) SharePoint
3 108 (2.22%) Apache Spark
4 48 (0.98%) Apache
5 44 (0.90%) Mule
6 34 (0.70%) Red Hat Fuse
7 30 (0.62%) CMS
7 30 (0.62%) WebSphere
8 29 (0.59%) Tomcat
9 28 (0.57%) SAS
10 27 (0.55%) JBoss
11 18 (0.37%) IIS
12 16 (0.33%) Oracle Coherence
13 15 (0.31%) Oracle SOA Suite
14 14 (0.29%) MQSeries
15 13 (0.27%) nginx
16 12 (0.25%) Cloud Foundry
17 11 (0.23%) WebLogic
18 9 (0.18%) Apache Solr
18 9 (0.18%) CICS
Applications
1 195 (4.00%) Microsoft Excel
2 79 (1.62%) Microsoft Office
3 68 (1.39%) Microsoft PowerPoint
4 62 (1.27%) MS Visio
5 35 (0.72%) Microsoft Project
6 25 (0.51%) Spreadsheet
7 21 (0.43%) Sketch
8 8 (0.16%) InVision
9 6 (0.12%) Adobe Creative Suite
10 4 (0.082%) Adobe Illustrator
10 4 (0.082%) Chatbot
11 3 (0.062%) Adobe XD
11 3 (0.062%) Photoshop
12 2 (0.041%) Acrobat
12 2 (0.041%) InDesign
12 2 (0.041%) Open Workbench
13 1 (0.021%) UserZoom
13 1 (0.021%) Zeplin
Business Applications
1 25 (0.51%) ION MarketView
2 16 (0.33%) Dynamics CRM
3 14 (0.29%) Fidessa
4 12 (0.25%) HiPortfolio
5 11 (0.23%) Misys Midas
6 10 (0.21%) Temenos T24
7 9 (0.18%) PeopleSoft HRMS
8 8 (0.16%) SAP FI
8 8 (0.16%) SunGard Martini
9 7 (0.14%) Eikon
9 7 (0.14%) SAP CO
9 7 (0.14%) SAP FI/CO
9 7 (0.14%) SAP Oil and Gas
10 6 (0.12%) Findur
10 6 (0.12%) Oracle Payables
11 5 (0.10%) Actimize
11 5 (0.10%) Oracle BPM
12 4 (0.082%) CA PPM
12 4 (0.082%) Oracle AML
12 4 (0.082%) Oracle Receivables
Cloud Services
1 591 (12.12%) Azure
2 369 (7.57%) AWS
3 269 (5.52%) GCP
4 118 (2.42%) Power Platform
5 99 (2.03%) Microsoft 365
6 85 (1.74%) PaaS
7 80 (1.64%) GitHub
8 78 (1.60%) SaaS
9 74 (1.52%) IaaS
10 72 (1.48%) Azure DevOps
11 69 (1.42%) Serverless
12 50 (1.03%) Azure Data Factory
13 43 (0.88%) Google Kubernetes Engine
14 42 (0.86%) Azure AKS
15 39 (0.80%) OpenShift
16 36 (0.74%) PowerApps
17 34 (0.70%) AWS Lambda
18 32 (0.66%) Power Automate
19 30 (0.62%) Azure Active Directory
19 30 (0.62%) Azure Synapse Analytics
Communications & Networking
1 105 (2.15%) Firewall
2 61 (1.25%) Network Security
3 54 (1.11%) TCP/IP
4 47 (0.96%) DNS
5 38 (0.78%) Multicast
5 38 (0.78%) SAN
6 26 (0.53%) Internet
7 25 (0.51%) VPN
8 21 (0.43%) RTMP
9 20 (0.41%) DHCP
9 20 (0.41%) LAN
10 18 (0.37%) DSL
10 18 (0.37%) HTTP
11 17 (0.35%) BGP
11 17 (0.35%) Wireshark
12 16 (0.33%) FTP
12 16 (0.33%) SSL
12 16 (0.33%) Wireless
13 15 (0.31%) Kerberos
13 15 (0.31%) WAN
Database & Business Intelligence
1 382 (7.84%) SQL Server
2 211 (4.33%) Relational Database
3 159 (3.26%) Data Warehouse
4 135 (2.77%) NoSQL
5 132 (2.71%) Big Data
6 102 (2.09%) MongoDB
7 95 (1.95%) Power BI
8 81 (1.66%) Oracle Database
9 71 (1.46%) PostgreSQL
10 68 (1.39%) MySQL
11 59 (1.21%) Tableau
12 58 (1.19%) Hadoop
13 55 (1.13%) Data Lake
14 54 (1.11%) RDBMS
15 53 (1.09%) SQL Server Integration Services
16 46 (0.94%) SQL Server Reporting Services
17 41 (0.84%) DB2
18 39 (0.80%) Metadata
19 38 (0.78%) Oracle Database 12c
20 31 (0.64%) Redis
Development Applications
1 416 (8.53%) JIRA
2 346 (7.10%) Git (software)
3 312 (6.40%) Jenkins
4 197 (4.04%) TeamCity
5 163 (3.34%) Maven
6 89 (1.83%) GitLab
7 73 (1.50%) Bitbucket
8 70 (1.44%) Visual Studio
9 66 (1.35%) Gradle
9 66 (1.35%) Subversion
10 64 (1.31%) Cucumber
10 64 (1.31%) Selenium
11 60 (1.23%) Artifactory
12 45 (0.92%) JUnit
13 34 (0.70%) Sonatype Nexus
13 34 (0.70%) webpack
14 22 (0.45%) IntelliJ
15 21 (0.43%) Eclipse
16 19 (0.39%) ERwin
16 19 (0.39%) Postman
General
1 2,608 (53.50%) Finance
2 1,739 (35.67%) Investment Banking
3 1,273 (26.11%) Social Skills
4 771 (15.82%) Front Office
5 534 (10.95%) Analytical Skills
6 223 (4.57%) Retail Banking
7 181 (3.71%) Retail
8 149 (3.06%) Presentation Skills
9 114 (2.34%) Legal
10 111 (2.28%) Financial Institution
11 104 (2.13%) Corporate Banking
12 85 (1.74%) Back Office
13 70 (1.44%) Influencing Skills
14 69 (1.42%) Organisational Skills
15 60 (1.23%) International Banking
16 34 (0.70%) Documentation Skills
17 33 (0.68%) Marketing
18 26 (0.53%) Inclusion and Diversity
18 26 (0.53%) Private Banking
19 19 (0.39%) Law
Job Titles
1 1,652 (33.89%) Developer
2 754 (15.47%) Analyst
3 523 (10.73%) Java Developer
4 500 (10.26%) Architect
5 456 (9.35%) Business Analyst
6 340 (6.97%) Project Manager
7 323 (6.63%) Senior Developer
8 274 (5.62%) C# Developer
9 246 (5.05%) Banking Analyst
10 200 (4.10%) Python Developer
11 196 (4.02%) Solutions Architect
12 154 (3.16%) Senior Java Developer
13 125 (2.56%) DevOps Engineer
14 116 (2.38%) Electronic Trading Developer
15 114 (2.34%) Banking Business Analyst
15 114 (2.34%) Cloud Architect
15 114 (2.34%) React Developer
16 112 (2.30%) C++ Developer
16 112 (2.30%) Data Engineer
17 110 (2.26%) .NET Developer
Libraries, Frameworks & Software Standards
1 453 (9.29%) .NET
2 314 (6.44%) Spring
3 282 (5.78%) React
4 223 (4.57%) HTML
5 191 (3.92%) CSS
6 184 (3.77%) REST
7 169 (3.47%) Kafka
7 169 (3.47%) XML
8 166 (3.41%) AngularJS
9 160 (3.28%) Spring Boot
10 156 (3.20%) RESTful
11 131 (2.69%) .NET Framework
12 116 (2.38%) WPF
13 115 (2.36%) Middleware
14 112 (2.30%) JSON
15 111 (2.28%) Node.js
16 110 (2.26%) Web Services
17 109 (2.24%) HTML5
18 91 (1.87%) .NET Core
19 76 (1.56%) Rendezvous
Miscellaneous
1 369 (7.57%) Foreign Exchange (FX)
2 284 (5.83%) Fixed Income
3 261 (5.35%) Derivative
4 174 (3.57%) User Experience
5 142 (2.91%) Algorithms
6 114 (2.34%) Greenfield Project
7 111 (2.28%) Equities
8 103 (2.11%) Data Structures
9 100 (2.05%) Credit Risk
10 98 (2.01%) Public Cloud
11 97 (1.99%) Market Risk
12 93 (1.91%) Management Information System
13 90 (1.85%) Virtual Team
14 81 (1.66%) Data Centre
15 77 (1.58%) Enterprise Software
16 69 (1.42%) Self-Motivation
17 66 (1.35%) Data Protection Act
17 66 (1.35%) Mobile App
18 59 (1.21%) SWIFT
19 48 (0.98%) Hedge funds
Operating Systems
1 365 (7.49%) Windows
2 339 (6.95%) Linux
3 240 (4.92%) Unix
4 66 (1.35%) Red Hat Enterprise Linux
5 63 (1.29%) Android
5 63 (1.29%) Apple iOS
5 63 (1.29%) Windows Server
6 49 (1.01%) Windows 10
7 19 (0.39%) VMS
8 12 (0.25%) Windows 7
9 10 (0.21%) Solaris
10 8 (0.16%) Windows Server 2012
11 7 (0.14%) Windows Server 2016
12 5 (0.10%) Mac OS
12 5 (0.10%) Ubuntu
13 4 (0.082%) AIX
13 4 (0.082%) SUSE
13 4 (0.082%) Windows Server 2008
13 4 (0.082%) Windows Server 2019
13 4 (0.082%) zOS
Processes & Methodologies
1 1,552 (31.84%) Agile
2 682 (13.99%) DevOps
3 557 (11.43%) CI/CD
4 547 (11.22%) Problem-Solving
5 516 (10.58%) Change Management
6 395 (8.10%) Scrum
6 395 (8.10%) Stakeholder Management
7 382 (7.84%) Microservices
7 382 (7.84%) Project Management
8 369 (7.57%) Electronic Trading
9 356 (7.30%) Digital Transformation Programme
10 349 (7.16%) Migration
11 332 (6.81%) Multithreading
12 331 (6.79%) Analytics
13 327 (6.71%) Test Automation
14 322 (6.61%) TDD
15 285 (5.85%) SDLC
16 282 (5.78%) Risk Management
17 269 (5.52%) Decision-Making
18 254 (5.21%) Low Latency
Programming Languages
1 1,021 (20.94%) Java
2 999 (20.49%) SQL
3 788 (16.16%) Python
4 602 (12.35%) C#
5 375 (7.69%) JavaScript
6 264 (5.42%) C++
7 173 (3.55%) TypeScript
8 158 (3.24%) Scala
9 150 (3.08%) PowerShell
10 94 (1.93%) PL/SQL
11 88 (1.81%) Bash
11 88 (1.81%) T-SQL
12 73 (1.50%) VBA
13 69 (1.42%) Shell Script
14 60 (1.23%) C
15 49 (1.01%) Perl
16 43 (0.88%) Kotlin
17 39 (0.80%) Groovy
18 37 (0.76%) Go
19 31 (0.64%) VB
Qualifications
1 235 (4.82%) Degree
2 67 (1.37%) Computer Science Degree
3 44 (0.90%) CISSP
4 31 (0.64%) CISM
5 30 (0.62%) Master's Degree
6 27 (0.55%) Numerate Degree
7 25 (0.51%) PMI Certification
8 23 (0.47%) PMP
9 22 (0.45%) CISA
10 20 (0.41%) CFA
11 17 (0.35%) ITIL Certification
12 16 (0.33%) Security Cleared
13 14 (0.29%) SC Cleared
14 12 (0.25%) AWS Certification
14 12 (0.25%) Cisco Certification
15 10 (0.21%) MBA
15 10 (0.21%) Microsoft Certification
15 10 (0.21%) PhD
16 9 (0.18%) ISEB
17 8 (0.16%) ISTQB
Quality Assurance & Compliance
1 168 (3.45%) QA
2 95 (1.95%) PMO
3 60 (1.23%) Data Quality
4 57 (1.17%) GDPR
5 39 (0.80%) ISO/IEC 27001
6 38 (0.78%) MiFID
7 27 (0.55%) NIST
8 26 (0.53%) ISO 20022
9 24 (0.49%) IFRS
10 23 (0.47%) EMIR
10 23 (0.47%) SLA
11 21 (0.43%) Accessibility
12 20 (0.41%) GRC
13 17 (0.35%) SEPA
14 14 (0.29%) COBIT
14 14 (0.29%) Sarbanes-Oxley
15 13 (0.27%) GAAP
16 12 (0.25%) FRS 29
17 10 (0.21%) PSD2
18 8 (0.16%) PCI DSS
System Software
1 291 (5.97%) Docker
2 103 (2.11%) Active Directory
3 56 (1.15%) VMware Infrastructure
4 22 (0.45%) Virtual Machines
5 21 (0.43%) VMware ESXi
6 20 (0.41%) vSphere
7 12 (0.25%) HDFS
7 12 (0.25%) Virtual Desktop
8 10 (0.21%) Microsoft App-V
9 7 (0.14%) Oracle RAC
10 6 (0.12%) XenApp
11 5 (0.10%) GridGain
11 5 (0.10%) NFS
11 5 (0.10%) ProxySG
11 5 (0.10%) XenDesktop
12 4 (0.082%) Apache ZooKeeper
12 4 (0.082%) Virtual Servers
13 2 (0.041%) Active Directory Lightweight Directory Services
13 2 (0.041%) Hyper-V
13 2 (0.041%) RACF
Systems Management
1 328 (6.73%) Kubernetes
2 196 (4.02%) Terraform
3 178 (3.65%) Ansible
4 46 (0.94%) ITRS Geneos
5 35 (0.72%) Puppet
5 35 (0.72%) SCCM
5 35 (0.72%) Single Sign-On
6 34 (0.70%) Grafana
7 31 (0.64%) BladeLogic
8 21 (0.43%) Istio
9 20 (0.41%) Control-M
9 20 (0.41%) Kibana
10 18 (0.37%) Opscode Chef
11 16 (0.33%) CA Single Sign-On
12 13 (0.27%) Tivoli
13 12 (0.25%) Packer
13 12 (0.25%) Tivoli Storage Manager
13 12 (0.25%) vCenter Server
14 11 (0.23%) Active Directory Federation Services
15 10 (0.21%) Consul
Vendors
1 447 (9.17%) Oracle
2 392 (8.04%) Microsoft
3 132 (2.71%) Google
4 106 (2.17%) IBM
5 105 (2.15%) Databricks
6 88 (1.81%) TIBCO
7 84 (1.72%) Bloomberg
8 79 (1.62%) Splunk
9 73 (1.50%) Cisco
10 69 (1.42%) ServiceNow
11 68 (1.39%) VMware
12 55 (1.13%) DevExpress
13 52 (1.07%) Red Hat
14 48 (0.98%) Reuters
15 47 (0.96%) SAP
16 46 (0.94%) Sybase
17 45 (0.92%) ION Trading
18 39 (0.80%) Citrix
19 33 (0.68%) HP
20 29 (0.59%) Murex