Period
to 13 December 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 13 December 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
13 Dec 2019
Same period 2018 Same period 2017
Rank 14 9 6
Rank change year-on-year -5 -3 +2
Contract jobs citing Banking 3,040 5,454 6,980
As % of all contract IT jobs advertised in London 8.98% 11.62% 14.68%
As % of the General category 20.73% 24.98% 29.93%
Number of daily rates quoted 2,253 4,074 5,114
London median daily rate £575 £575 £550
Median daily rate % change year-on-year - +4.55% +4.76%
10th Percentile £363 £400 £363
90th Percentile £738 £738 £701
England median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 28 48 19
London median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -50.00%
England median hourly rate £21.00 £18.70 £15.00
% change year-on-year +12.30% +24.67% -50.00%

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 14,662 21,830 23,322
As % of all contract IT jobs advertised in London 43.29% 46.50% 49.03%
Number of daily rates quoted 10,348 15,551 16,776
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £313 £320 £309
90th Percentile £713 £700 £688
England median daily rate £491 £488 £475
% change year-on-year +0.72% +2.63% +5.56%
Number of hourly rates quoted 201 250 227
London median hourly rate £23.50 £23.50 £22.02
Median hourly rate % change year-on-year - +6.75% +6.95%
10th Percentile £12.44 £13.28 £13.31
90th Percentile £52.50 £56.38 £47.50
England median hourly rate £22.00 £21.59 £23.00
% change year-on-year +1.92% -6.15% +15.00%

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 13 December 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 13 December 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 13 December 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 -7 664 £550 -4.35% 155
South London +42 39 £575 - 10
East London -2 21 £475 -9.52% 11
West London +21 11 £525 +21.74% 62
North London +8 3 £325 -35.00% 2
Banking
England

For the 6 months to 13 December 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 1,574 (51.78%) Finance
2 946 (31.12%) Agile Software Development
3 830 (27.30%) Java
4 763 (25.10%) Investment Banking
5 592 (19.47%) SQL
6 428 (14.08%) Front Office
7 403 (13.26%) Python
8 358 (11.78%) Microservices
9 339 (11.15%) TDD
10 336 (11.05%) DevOps
11 324 (10.66%) JavaScript
12 287 (9.44%) AWS
13 284 (9.34%) Azure
14 252 (8.29%) Oracle
15 246 (8.09%) C#
16 244 (8.03%) Derivative
17 243 (7.99%) Stakeholder Management
18 241 (7.93%) Microsoft
19 238 (7.83%) Windows
20 222 (7.30%) Migration
21 213 (7.01%) Scrum
21 213 (7.01%) Docker
22 206 (6.78%) Kubernetes
22 206 (6.78%) .NET
23 204 (6.71%) Analytics
24 200 (6.58%) Analytical Skills
24 200 (6.58%) Problem-Solving
25 194 (6.38%) AngularJS
26 191 (6.28%) Foreign Exchange (FX)
27 190 (6.25%) GCP

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 77 (2.53%) Confluence
2 63 (2.07%) Apache Spark
3 42 (1.38%) Apache
3 42 (1.38%) SAS
4 29 (0.95%) SharePoint
5 27 (0.89%) Elasticsearch
6 24 (0.79%) MS Exchange
7 17 (0.56%) IIS
7 17 (0.56%) Skype for Business
8 16 (0.53%) nginx
9 15 (0.49%) Cloud Foundry
10 12 (0.39%) Oracle Coherence
11 11 (0.36%) CMS
12 9 (0.30%) Exchange Server 2010
12 9 (0.30%) JBoss
13 8 (0.26%) Adobe Experience Manager
13 8 (0.26%) Appian
13 8 (0.26%) Oracle SOA Suite
13 8 (0.26%) WebSphere
14 7 (0.23%) Apache Airflow
Applications
1 116 (3.82%) Microsoft Excel
2 59 (1.94%) Microsoft Office
3 43 (1.41%) Microsoft PowerPoint
4 19 (0.63%) Microsoft Project
5 18 (0.59%) MS Visio
6 17 (0.56%) Sketch
7 10 (0.33%) InVision
8 6 (0.20%) Adobe Illustrator
8 6 (0.20%) Photoshop
8 6 (0.20%) Spreadsheet
8 6 (0.20%) Zeplin
9 5 (0.16%) SPSS
10 3 (0.099%) Chatbot
11 2 (0.066%) Flinto
11 2 (0.066%) InfoPath
11 2 (0.066%) OmniGraffle
11 2 (0.066%) RoboHelp
11 2 (0.066%) Snagit
12 1 (0.033%) Adobe Captivate
12 1 (0.033%) Adobe Creative Suite
Business Applications
1 35 (1.15%) FINCAD Analytics
2 17 (0.56%) Dynamics CRM
3 15 (0.49%) Oracle Cash Management
4 13 (0.43%) Temenos T24
5 12 (0.39%) Oracle Assets
5 12 (0.39%) Oracle FAH
5 12 (0.39%) Oracle General Ledger
5 12 (0.39%) Oracle Payables
5 12 (0.39%) Oracle Receivables
6 11 (0.36%) Oracle Internet Expenses
6 11 (0.36%) Oracle iProcurement
7 9 (0.30%) BusinessWorks
8 8 (0.26%) Oracle Subledger Accounting
8 8 (0.26%) Salesforce.com CRM
8 8 (0.26%) thinkFolio
9 6 (0.20%) SAP Oil and Gas
10 5 (0.16%) Actimize
10 5 (0.16%) Oracle EBS
10 5 (0.16%) Oracle Procure-to-Pay
10 5 (0.16%) SAP S/4HANA
Cloud Services
1 287 (9.44%) AWS
2 284 (9.34%) Azure
3 190 (6.25%) GCP
4 61 (2.01%) Office 365
5 44 (1.45%) PaaS
6 42 (1.38%) Serverless
7 38 (1.25%) Power Platform
8 36 (1.18%) AWS Lambda
8 36 (1.18%) GitHub
9 35 (1.15%) AWS Step Functions
10 33 (1.09%) OpenShift
10 33 (1.09%) SaaS
11 27 (0.89%) npm
12 26 (0.86%) IaaS
13 16 (0.53%) Amazon S3
14 15 (0.49%) Apigee
14 15 (0.49%) Yarn
15 13 (0.43%) Azure Active Directory
15 13 (0.43%) Azure Functions
16 10 (0.33%) Amazon EC2
Communications & Networking
1 64 (2.11%) Firewall
2 48 (1.58%) LAN
3 38 (1.25%) WAN
4 35 (1.15%) Multicast
5 32 (1.05%) TCP/IP
6 31 (1.02%) Internet
6 31 (1.02%) VPN
7 30 (0.99%) HTTP
8 26 (0.86%) Cisco Nexus
9 25 (0.82%) DNS
10 22 (0.72%) Cisco IOS
10 22 (0.72%) Network Security
11 21 (0.69%) MPLS
12 20 (0.66%) BGP
12 20 (0.66%) OSPF
13 18 (0.59%) Junos
13 18 (0.59%) NX-OS
14 17 (0.56%) Wireless
15 16 (0.53%) SAN
16 15 (0.49%) Wireshark
Database & Business Intelligence
1 173 (5.69%) SQL Server
2 130 (4.28%) NoSQL
3 105 (3.45%) Big Data
4 98 (3.22%) Relational Database
5 96 (3.16%) Data Warehouse
6 87 (2.86%) SQL Server Integration Services
7 80 (2.63%) MongoDB
8 79 (2.60%) SQL Server Reporting Services
9 78 (2.57%) PostgreSQL
10 61 (2.01%) Oracle Database
11 60 (1.97%) Hadoop
12 59 (1.94%) Apache Cassandra
13 58 (1.91%) Amazon DynamoDB
14 50 (1.64%) RDBMS
15 46 (1.51%) Redis
16 40 (1.32%) Amazon Athena
17 38 (1.25%) MySQL
18 36 (1.18%) Power BI
19 33 (1.09%) Amazon Aurora
20 31 (1.02%) DB2
Development Applications
1 172 (5.66%) JIRA
2 160 (5.26%) Git (software)
3 131 (4.31%) Jenkins
4 85 (2.80%) TeamCity
5 71 (2.34%) Selenium
6 68 (2.24%) Maven
7 62 (2.04%) Cucumber
8 61 (2.01%) JUnit
9 36 (1.18%) Subversion
10 34 (1.12%) Bitbucket
11 29 (0.95%) Sonatype Nexus
11 29 (0.95%) webpack
12 22 (0.72%) Gradle
13 20 (0.66%) GitLab
14 18 (0.59%) Xcode
15 16 (0.53%) Team Foundation Server
16 15 (0.49%) Ant
16 15 (0.49%) Postman
17 14 (0.46%) CircleCI
17 14 (0.46%) IntelliJ
General
1 1,574 (51.78%) Finance
2 763 (25.10%) Investment Banking
3 428 (14.08%) Front Office
4 130 (4.28%) Retail Banking
5 102 (3.36%) Financial Institution
6 84 (2.76%) Retail
7 68 (2.24%) Marketing
8 66 (2.17%) Back Office
9 58 (1.91%) Legal
10 44 (1.45%) Corporate Banking
11 36 (1.18%) International Banking
12 30 (0.99%) Law
13 26 (0.86%) Telecoms
14 20 (0.66%) Private Banking
15 18 (0.59%) Public Sector
16 16 (0.53%) Games
17 14 (0.46%) German Language
18 13 (0.43%) Billing
19 10 (0.33%) Advertising
19 10 (0.33%) Russian Language
Job Titles
1 1,165 (38.32%) Developer
2 437 (14.38%) Analyst
3 381 (12.53%) Java Developer
4 252 (8.29%) Senior Developer
5 233 (7.66%) Architect
6 206 (6.78%) Business Analyst
7 127 (4.18%) Senior Java Developer
8 122 (4.01%) Python Developer
9 119 (3.91%) Banking Analyst
10 111 (3.65%) C# Developer
11 109 (3.59%) Project Manager
12 102 (3.36%) DevOps Engineer
13 100 (3.29%) SQL Developer
14 85 (2.80%) Consultant
15 81 (2.66%) React Developer
16 77 (2.53%) Full Stack Developer
17 73 (2.40%) .NET Developer
18 69 (2.27%) Java Engineer
19 61 (2.01%) Angular Developer
20 60 (1.97%) Solutions Architect
Libraries, Frameworks & Software Standards
1 206 (6.78%) .NET
2 194 (6.38%) AngularJS
3 171 (5.63%) React
4 157 (5.16%) Spring
5 153 (5.03%) HTML
6 147 (4.84%) Web Services
7 146 (4.80%) Kafka
8 130 (4.28%) REST
9 129 (4.24%) Spring Boot
10 119 (3.91%) Node.js
11 109 (3.59%) CSS
12 100 (3.29%) RESTful
13 74 (2.43%) HTML5
14 66 (2.17%) SOAP
15 65 (2.14%) XML
16 59 (1.94%) J2EE
17 50 (1.64%) FIX Protocol
17 50 (1.64%) Hibernate
18 46 (1.51%) Redux
19 43 (1.41%) JSON
Miscellaneous
1 244 (8.03%) Derivative
2 200 (6.58%) Analytical Skills
3 191 (6.28%) Foreign Exchange (FX)
4 168 (5.53%) Fixed Income
5 151 (4.97%) Equities
6 127 (4.18%) User Experience
7 115 (3.78%) Greenfield Project
8 80 (2.63%) Equity Derivative
9 68 (2.24%) Hedge funds
10 65 (2.14%) Credit Risk
11 59 (1.94%) Virtual Team
12 54 (1.78%) Market Risk
12 54 (1.78%) Mobile App
12 54 (1.78%) Self-Motivation
13 51 (1.68%) Data Structures
14 48 (1.58%) Public Cloud
15 47 (1.55%) Mobile Banking
16 45 (1.48%) Data Centre
17 44 (1.45%) Algorithms
17 44 (1.45%) Management Information System
Operating Systems
1 238 (7.83%) Windows
2 189 (6.22%) Linux
3 141 (4.64%) Unix
4 83 (2.73%) Windows 10
5 59 (1.94%) Android
6 58 (1.91%) Apple iOS
7 57 (1.88%) Windows Server
8 44 (1.45%) Windows 7
9 22 (0.72%) Solaris
10 20 (0.66%) Red Hat Enterprise Linux
11 19 (0.63%) Windows Server 2012
12 15 (0.49%) Windows Server 2008
13 8 (0.26%) CentOS
14 6 (0.20%) Mac OS
14 6 (0.20%) VMS
15 3 (0.099%) Check Point GAiA
15 3 (0.099%) CoreOS
15 3 (0.099%) Mac OS X
15 3 (0.099%) Windows XP
16 2 (0.066%) SUSE Linux Enterprise Server
Processes & Methodologies
1 946 (31.12%) Agile Software Development
2 358 (11.78%) Microservices
3 339 (11.15%) TDD
4 336 (11.05%) DevOps
5 243 (7.99%) Stakeholder Management
6 222 (7.30%) Migration
7 213 (7.01%) Scrum
8 204 (6.71%) Analytics
9 200 (6.58%) Problem-Solving
10 176 (5.79%) Fintech
10 176 (5.79%) Software Engineering
11 169 (5.56%) Continuous Integration
11 169 (5.56%) Project Management
12 168 (5.53%) Test Automation
13 157 (5.16%) BDD
14 153 (5.03%) SDLC
15 139 (4.57%) Asset Management
16 125 (4.11%) Risk Management
17 123 (4.05%) Change Management
18 115 (3.78%) Multithreading
Programming Languages
1 830 (27.30%) Java
2 592 (19.47%) SQL
3 403 (13.26%) Python
4 324 (10.66%) JavaScript
5 246 (8.09%) C#
6 129 (4.24%) Scala
7 107 (3.52%) Java 8
8 95 (3.13%) C++
9 77 (2.53%) TypeScript
10 73 (2.40%) Kotlin
11 72 (2.37%) PowerShell
12 68 (2.24%) PL/SQL
13 62 (2.04%) VBA
14 51 (1.68%) R
15 44 (1.45%) Perl
16 40 (1.32%) T-SQL
17 34 (1.12%) VB.NET
18 33 (1.09%) C
19 30 (0.99%) Bash Shell
20 28 (0.92%) Groovy
Qualifications
1 152 (5.00%) Degree
2 28 (0.92%) Cisco Certification
3 24 (0.79%) CISSP
3 24 (0.79%) PMI Certification
4 20 (0.66%) CCNP
4 20 (0.66%) ISTQB
5 19 (0.63%) Computer Science Degree
6 18 (0.59%) PMP
7 15 (0.49%) CISM
7 15 (0.49%) ISEB
7 15 (0.49%) ITIL Certification
7 15 (0.49%) PhD
8 13 (0.43%) CCNA
8 13 (0.43%) CISA
8 13 (0.43%) Security Cleared
9 12 (0.39%) SC Cleared
10 11 (0.36%) PRINCE2 Certification
11 9 (0.30%) Master's Degree
11 9 (0.30%) Numerate Degree
12 8 (0.26%) CRISC
Quality Assurance & Compliance
1 101 (3.32%) QA
2 57 (1.88%) PMO
3 52 (1.71%) MiFID
4 36 (1.18%) Data Quality
4 36 (1.18%) PSD2
5 25 (0.82%) EMIR
6 20 (0.66%) SLA
7 19 (0.63%) ISO/IEC 27001
7 19 (0.63%) SEPA
8 17 (0.56%) Dodd-Frank
9 16 (0.53%) GDPR
10 12 (0.39%) COBIT
10 12 (0.39%) IFRS
11 11 (0.36%) IFRS 9
12 10 (0.33%) NIST
13 7 (0.23%) COREP
13 7 (0.23%) ITGC
14 4 (0.13%) CRD IV
14 4 (0.13%) ISO 20022
14 4 (0.13%) P3O
System Software
1 213 (7.01%) Docker
2 112 (3.68%) Active Directory
3 32 (1.05%) XenDesktop
4 31 (1.02%) XenApp
5 30 (0.99%) VMware Infrastructure
6 15 (0.49%) VMware ESXi
7 11 (0.36%) Oracle RAC
8 9 (0.30%) Virtual Machines
9 8 (0.26%) Citrix Hypervisor
9 8 (0.26%) OpenAM
9 8 (0.26%) OpenDJ
9 8 (0.26%) vSphere
10 6 (0.20%) HDFS
10 6 (0.20%) Hyper-V
11 5 (0.16%) OpenIDM
11 5 (0.16%) ProxySG
11 5 (0.16%) Virtual Desktop
12 2 (0.066%) Microsoft App-V
12 2 (0.066%) Virtual Servers
12 2 (0.066%) VMware Server
Systems Management
1 206 (6.78%) Kubernetes
2 109 (3.59%) Ansible
3 96 (3.16%) Terraform
4 44 (1.45%) Puppet
5 33 (1.09%) SCCM
6 29 (0.95%) Opscode Chef
7 21 (0.69%) Grafana
8 14 (0.46%) HP Quality Center
9 13 (0.43%) Data Guard
10 12 (0.39%) ITRS Geneos
11 11 (0.36%) Single Sign-On
12 10 (0.33%) Control-M
13 9 (0.30%) Hadoop YARN
13 9 (0.30%) Nagios
14 8 (0.26%) Cacti
14 8 (0.26%) Cisco Prime
14 8 (0.26%) ZABBIX
15 7 (0.23%) Cisco CUCM
15 7 (0.23%) linkerd
15 7 (0.23%) Oracle RMAN
Vendors
1 252 (8.29%) Oracle
2 241 (7.93%) Microsoft
3 137 (4.51%) Google
4 70 (2.30%) Cisco
5 59 (1.94%) VMware
6 58 (1.91%) Citrix
7 49 (1.61%) Sybase
8 38 (1.25%) Splunk
9 37 (1.22%) Salesforce.com
9 37 (1.22%) SAP
10 36 (1.18%) IBM
11 34 (1.12%) HP
12 32 (1.05%) MuleSoft
13 31 (1.02%) Bloomberg
14 30 (0.99%) Tableau
15 28 (0.92%) Red Hat
16 25 (0.82%) Adobe
17 24 (0.79%) Atlassian
17 24 (0.79%) Informatica
18 22 (0.72%) Juniper