Period
to 7 March 2021

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 7 March 2021 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
7 Mar 2021
Same period 2020 Same period 2019
Rank 10 14 10
Rank change year-on-year +4 -4 -3
Contract jobs citing Banking 2,381 2,351 4,912
As % of all contract jobs advertised in London 11.97% 8.63% 11.42%
As % of the General category 25.62% 20.02% 24.45%
Number of daily rates quoted 1,982 1,729 3,666
Median daily rate £575 £575 £575
10th Percentile £375 £363 £380
90th Percentile £738 £725 £725
England median daily rate £550 £550 £550
Number of hourly rates quoted 11 20 39
Median hourly rate £24.00 £20.50 £18.70
Median hourly rate % change year-on-year +17.07% +9.63% +24.67%
10th Percentile £23.00 £14.34 £14.80
90th Percentile £80.00 £24.77 £36.13
England median hourly rate £23.00 £20.00 £17.58
% change year-on-year +15.00% +13.77% +17.20%

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 9,293 11,741 20,091
As % of all contract IT jobs advertised in London 46.74% 43.11% 46.71%
Number of daily rates quoted 6,729 8,431 14,441
Median daily rate £525 £525 £525
10th Percentile £350 £319 £325
90th Percentile £725 £725 £700
England median daily rate £500 £490 £500
% change year-on-year +2.04% -2.00% +5.26%
Number of hourly rates quoted 101 142 202
Median hourly rate £27.76 £21.05 £21.00
Median hourly rate % change year-on-year +31.88% +0.24% -4.55%
10th Percentile £14.50 £12.42 £12.79
90th Percentile £61.75 £53.20 £46.90
Median hourly rate £24.40 £20.11 £20.29
% change year-on-year +21.33% -0.86% -6.09%

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 7 March 2021.

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 7 March 2021.

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 7 March 2021. 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 +7 350 £575 +4.55% 117
South London +29 5 £550 -2.65% 2
East London +17 5 £335 -25.56% 28
Banking
England

For the 6 months to 7 March 2021, 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 1,157 (48.59%) Finance
2 796 (33.43%) Java
3 786 (33.01%) Investment Banking
4 770 (32.34%) Agile Software Development
5 522 (21.92%) Front Office
6 446 (18.73%) SQL
7 326 (13.69%) DevOps
8 319 (13.40%) Python
9 307 (12.89%) Microservices
10 302 (12.68%) C#
11 272 (11.42%) Spring
12 252 (10.58%) Foreign Exchange (FX)
13 245 (10.29%) Linux
14 237 (9.95%) Multithreading
15 233 (9.79%) Azure
16 232 (9.74%) TDD
17 228 (9.58%) .NET
17 228 (9.58%) Scrum
18 218 (9.16%) Oracle
19 217 (9.11%) JavaScript
20 215 (9.03%) AWS
21 214 (8.99%) Git (software)
22 209 (8.78%) Kubernetes
23 197 (8.27%) Jenkins
24 193 (8.11%) Analytical Skills
24 193 (8.11%) Docker
25 192 (8.06%) JIRA
25 192 (8.06%) Problem-Solving
26 191 (8.02%) SQL Server
27 189 (7.94%) 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 95 (3.99%) Apache Spark
2 89 (3.74%) Confluence
3 76 (3.19%) Mule
4 63 (2.65%) Apache
5 58 (2.44%) Red Hat Fuse
6 45 (1.89%) SharePoint
7 24 (1.01%) Elasticsearch
8 23 (0.97%) Oracle Coherence
9 20 (0.84%) JBoss
10 13 (0.55%) IIS
11 12 (0.50%) SAS
12 11 (0.46%) SharePoint 2010
12 11 (0.46%) Skype for Business
12 11 (0.46%) WebSphere
13 9 (0.38%) Tomcat
14 8 (0.34%) CMS
15 7 (0.29%) Cloud Foundry
15 7 (0.29%) NServiceBus
16 6 (0.25%) WordPress
17 5 (0.21%) Appian
Applications
1 64 (2.69%) Microsoft Excel
2 40 (1.68%) Microsoft Office
3 31 (1.30%) Microsoft PowerPoint
4 29 (1.22%) MS Visio
5 14 (0.59%) Spreadsheet
6 10 (0.42%) Microsoft Project
7 7 (0.29%) Chatbot
8 5 (0.21%) InfoPath
9 4 (0.17%) Sketch
10 3 (0.13%) InVision
11 2 (0.084%) Figma
12 1 (0.042%) Adobe Creative Suite
12 1 (0.042%) Adobe Premiere
12 1 (0.042%) Camtasia
12 1 (0.042%) OmniGraffle
12 1 (0.042%) Open Workbench
12 1 (0.042%) Photoshop
12 1 (0.042%) UserZoom
Business Applications
1 14 (0.59%) Summit
2 13 (0.55%) ION MarketView
3 12 (0.50%) Temenos T24
4 7 (0.29%) Sentinel
5 5 (0.21%) SunGard Martini
6 4 (0.17%) Distributed Ledger
7 3 (0.13%) Adobe Campaign
7 3 (0.13%) Endur
7 3 (0.13%) HiPortfolio
7 3 (0.13%) RMDS
8 2 (0.084%) Bloomberg AIM
8 2 (0.084%) Hyperion Planning
8 2 (0.084%) Oracle Payables
8 2 (0.084%) Orchestrade
8 2 (0.084%) Temenos Globus
9 1 (0.042%) CA PPM
9 1 (0.042%) HFM
9 1 (0.042%) Remedy ITSM
9 1 (0.042%) SAP IS-U
9 1 (0.042%) thinkFolio
Cloud Services
1 233 (9.79%) Azure
2 215 (9.03%) AWS
3 189 (7.94%) GCP
4 61 (2.56%) Serverless
5 57 (2.39%) GitHub
6 50 (2.10%) Microsoft 365
7 47 (1.97%) PaaS
8 39 (1.64%) SaaS
9 35 (1.47%) IaaS
10 33 (1.39%) Amazon ECS
11 29 (1.22%) AWS Lambda
12 28 (1.18%) Apigee
12 28 (1.18%) OpenShift
13 21 (0.88%) Azure Functions
13 21 (0.88%) Cloud Computing
14 19 (0.80%) NuGet
14 19 (0.80%) Power Platform
15 17 (0.71%) AWS CloudFormation
16 14 (0.59%) npm
17 12 (0.50%) Yarn
Communications & Networking
1 53 (2.23%) Firewall
2 26 (1.09%) Multicast
3 20 (0.84%) TCP/IP
4 19 (0.80%) Internet
5 17 (0.71%) DNS
6 15 (0.63%) HTTP
6 15 (0.63%) VPN
7 14 (0.59%) FIX Connectivity
7 14 (0.59%) Network Security
8 13 (0.55%) SSL
9 12 (0.50%) Wireshark
10 11 (0.46%) WAN
11 10 (0.42%) OSPF
11 10 (0.42%) SAN
11 10 (0.42%) Skype
12 9 (0.38%) Cisco Nexus
12 9 (0.38%) LAN
13 8 (0.34%) Kerberos
14 6 (0.25%) BGP
14 6 (0.25%) HTTPS
Database & Business Intelligence
1 191 (8.02%) SQL Server
2 117 (4.91%) Relational Database
3 94 (3.95%) Big Data
4 88 (3.70%) NoSQL
5 73 (3.07%) Hadoop
5 73 (3.07%) MongoDB
6 69 (2.90%) Data Warehouse
7 43 (1.81%) MySQL
8 42 (1.76%) Oracle Database
8 42 (1.76%) PostgreSQL
9 41 (1.72%) SQL Server Integration Services
10 37 (1.55%) Apache Cassandra
11 26 (1.09%) SQL Server Analysis Services
12 25 (1.05%) RDBMS
13 24 (1.01%) Oracle Database 12c
14 23 (0.97%) BigQuery
15 21 (0.88%) Tableau
16 19 (0.80%) Apache Hive
16 19 (0.80%) SQL Server Reporting Services
17 18 (0.76%) Power BI
Development Applications
1 214 (8.99%) Git (software)
2 197 (8.27%) Jenkins
3 192 (8.06%) JIRA
4 89 (3.74%) Maven
5 74 (3.11%) TeamCity
6 68 (2.86%) Cucumber
7 49 (2.06%) Bitbucket
7 49 (2.06%) Subversion
8 40 (1.68%) Artifactory
9 37 (1.55%) Selenium
9 37 (1.55%) Visual Studio
10 36 (1.51%) JUnit
11 32 (1.34%) GitLab
12 22 (0.92%) Sonatype Nexus
13 17 (0.71%) Atlassian Bamboo
13 17 (0.71%) Gradle
13 17 (0.71%) webpack
14 15 (0.63%) SonarQube
15 14 (0.59%) Mockito
16 13 (0.55%) jMock
General
1 1,157 (48.59%) Finance
2 786 (33.01%) Investment Banking
3 522 (21.92%) Front Office
4 82 (3.44%) Retail Banking
5 60 (2.52%) Retail
6 50 (2.10%) Financial Institution
7 41 (1.72%) Back Office
8 32 (1.34%) Marketing
9 31 (1.30%) Legal
10 23 (0.97%) Corporate Banking
10 23 (0.97%) International Banking
11 18 (0.76%) Private Banking
12 13 (0.55%) Law
13 11 (0.46%) French Language
14 8 (0.34%) Billing
15 7 (0.29%) Manufacturing
15 7 (0.29%) Telecoms
16 6 (0.25%) Advertising
16 6 (0.25%) Publishing
16 6 (0.25%) Wholesale Banking
Job Titles
1 1,044 (43.85%) Developer
2 460 (19.32%) Java Developer
3 290 (12.18%) Analyst
4 203 (8.53%) Senior Developer
5 199 (8.36%) Architect
6 173 (7.27%) Business Analyst
7 134 (5.63%) C# Developer
8 114 (4.79%) Project Manager
9 109 (4.58%) Senior Java Developer
10 108 (4.54%) Front Office Developer
11 84 (3.53%) SQL Developer
12 78 (3.28%) Solutions Architect
13 76 (3.19%) .NET Developer
13 76 (3.19%) Investment Banking Java Developer
14 73 (3.07%) Consultant
15 68 (2.86%) Banking Analyst
16 62 (2.60%) Electronic Trading Developer
17 61 (2.56%) Electronic Trading Java Developer
18 60 (2.52%) C++ Developer
18 60 (2.52%) Integration Developer
Libraries, Frameworks & Software Standards
1 272 (11.42%) Spring
2 228 (9.58%) .NET
3 188 (7.90%) REST
4 151 (6.34%) Kafka
5 138 (5.80%) HTML
6 129 (5.42%) AngularJS
7 125 (5.25%) Spring Boot
8 124 (5.21%) Middleware
9 122 (5.12%) Web Services
10 120 (5.04%) React
11 100 (4.20%) HTML5
12 96 (4.03%) Apache Camel
13 79 (3.32%) CSS
14 74 (3.11%) Node.js
15 71 (2.98%) Spring Integration
16 68 (2.86%) FIX Protocol
17 60 (2.52%) Hibernate
18 55 (2.31%) WPF
19 51 (2.14%) .NET Core
20 47 (1.97%) XML
Miscellaneous
1 252 (10.58%) Foreign Exchange (FX)
2 193 (8.11%) Analytical Skills
3 174 (7.31%) Fixed Income
4 147 (6.17%) Derivative
5 87 (3.65%) Equities
6 82 (3.44%) User Experience
7 72 (3.02%) Data Structures
8 67 (2.81%) Greenfield Project
9 64 (2.69%) Credit Risk
10 50 (2.10%) Enterprise Software
11 49 (2.06%) Mobile App
12 48 (2.02%) Market Risk
13 47 (1.97%) Hedge funds
14 40 (1.68%) Management Information System
15 35 (1.47%) Algorithms
16 34 (1.43%) Data Centre
17 33 (1.39%) Clustering
17 33 (1.39%) Public Cloud
17 33 (1.39%) Virtual Team
18 29 (1.22%) Grid Computing
Operating Systems
1 245 (10.29%) Linux
2 158 (6.64%) Windows
3 122 (5.12%) Unix
4 32 (1.34%) Windows Server
5 31 (1.30%) Android
6 27 (1.13%) Red Hat Enterprise Linux
7 22 (0.92%) Apple iOS
8 20 (0.84%) Windows 10
9 13 (0.55%) Windows Server 2012
10 12 (0.50%) Windows Server 2016
11 9 (0.38%) Solaris
12 8 (0.34%) Windows Server 2008
13 6 (0.25%) Windows 7
14 4 (0.17%) Windows Server 2019
15 3 (0.13%) CentOS
15 3 (0.13%) VMS
15 3 (0.13%) Windows XP
16 2 (0.084%) AIX
16 2 (0.084%) SUSE
16 2 (0.084%) zOS
Processes & Methodologies
1 770 (32.34%) Agile Software Development
2 326 (13.69%) DevOps
3 307 (12.89%) Microservices
4 237 (9.95%) Multithreading
5 232 (9.74%) TDD
6 228 (9.58%) Scrum
7 192 (8.06%) Problem-Solving
8 186 (7.81%) Change Management
9 176 (7.39%) Test Automation
10 172 (7.22%) Electronic Trading
11 170 (7.14%) Low Latency
12 166 (6.97%) Risk Management
13 162 (6.80%) Software Engineering
14 151 (6.34%) Stakeholder Management
15 144 (6.05%) Analytics
16 141 (5.92%) BDD
17 138 (5.80%) Digital Transformation Programme
18 126 (5.29%) Project Management
19 121 (5.08%) SDLC
20 113 (4.75%) Performance Tuning
Programming Languages
1 796 (33.43%) Java
2 446 (18.73%) SQL
3 319 (13.40%) Python
4 302 (12.68%) C#
5 217 (9.11%) JavaScript
6 149 (6.26%) C++
7 116 (4.87%) Scala
8 83 (3.49%) Java 8
9 71 (2.98%) Kotlin
10 57 (2.39%) PL/SQL
11 55 (2.31%) PowerShell
11 55 (2.31%) TypeScript
12 39 (1.64%) VBA
13 31 (1.30%) T-SQL
14 23 (0.97%) C
15 21 (0.88%) Go
16 19 (0.80%) Shell Script
17 17 (0.71%) Perl
18 15 (0.63%) Haskell
18 15 (0.63%) VB
Qualifications
1 162 (6.80%) Degree
2 40 (1.68%) Computer Science Degree
3 29 (1.22%) Numerate Degree
4 25 (1.05%) Cisco Certification
5 19 (0.80%) CCNP
6 17 (0.71%) CISSP
7 15 (0.63%) Security Cleared
8 14 (0.59%) Master's Degree
8 14 (0.59%) SC Cleared
9 13 (0.55%) ISTQB
9 13 (0.55%) PhD
10 11 (0.46%) CISM
10 11 (0.46%) FFIEC
10 11 (0.46%) ISEB
11 7 (0.29%) AWS Certification
11 7 (0.29%) TOGAF Certification
12 6 (0.25%) CCIE
12 6 (0.25%) Microsoft Certification
12 6 (0.25%) PMI Certification
12 6 (0.25%) PRINCE2 Certification
Quality Assurance & Compliance
1 70 (2.94%) QA
2 38 (1.60%) NIST
2 38 (1.60%) PMO
3 28 (1.18%) Data Quality
4 20 (0.84%) COREP
5 19 (0.80%) MiFID
6 16 (0.67%) PSD2
7 14 (0.59%) SLA
8 13 (0.55%) COBIT
8 13 (0.55%) GDPR
8 13 (0.55%) ISO/IEC 27001
9 12 (0.50%) Basel III
9 12 (0.50%) IFRS
10 10 (0.42%) ISO 20022
11 8 (0.34%) Sarbanes-Oxley
11 8 (0.34%) SEPA
11 8 (0.34%) TARGET2
12 7 (0.29%) FINREP
13 6 (0.25%) Dodd-Frank
13 6 (0.25%) IFRS 9
System Software
1 193 (8.11%) Docker
2 39 (1.64%) Active Directory
2 39 (1.64%) VMware Infrastructure
3 25 (1.05%) VMware ESXi
4 13 (0.55%) HDFS
5 10 (0.42%) vSphere
6 9 (0.38%) XenApp
7 8 (0.34%) GridGain
7 8 (0.34%) Oracle RAC
8 7 (0.29%) Platform Symphony
8 7 (0.29%) XenDesktop
9 5 (0.21%) Hyper-V
9 5 (0.21%) Microsoft App-V
9 5 (0.21%) NFS
9 5 (0.21%) Virtual Machines
9 5 (0.21%) Xen
10 3 (0.13%) Apache Flume
10 3 (0.13%) KVM
10 3 (0.13%) Veritas File System
11 2 (0.084%) VMware Server
Systems Management
1 209 (8.78%) Kubernetes
2 96 (4.03%) Terraform
3 95 (3.99%) Ansible
4 27 (1.13%) Puppet
5 20 (0.84%) Opscode Chef
6 16 (0.67%) ITRS Geneos
7 14 (0.59%) Control-M
8 11 (0.46%) SCCM
9 10 (0.42%) Prometheus
10 9 (0.38%) Salt
11 7 (0.29%) Grafana
11 7 (0.29%) Packer
11 7 (0.29%) Tivoli Storage Manager
11 7 (0.29%) vRealize Orchestrator
12 6 (0.25%) BladeLogic
12 6 (0.25%) Cisco CUCM
12 6 (0.25%) PowerCLI
12 6 (0.25%) QRadar
12 6 (0.25%) Tivoli
13 5 (0.21%) Microsoft Intune
Vendors
1 218 (9.16%) Oracle
2 121 (5.08%) Microsoft
3 118 (4.96%) Google
4 58 (2.44%) Splunk
5 51 (2.14%) VMware
6 42 (1.76%) Cisco
6 42 (1.76%) ION Trading
7 41 (1.72%) IBM
8 36 (1.51%) Atlassian
9 34 (1.43%) Murex
10 28 (1.18%) Sybase
11 26 (1.09%) Citrix
11 26 (1.09%) Red Hat
11 26 (1.09%) TIBCO
12 20 (0.84%) MuleSoft
13 19 (0.80%) Databricks
14 18 (0.76%) HP
15 16 (0.67%) EMC
16 15 (0.63%) Salesforce.com
17 13 (0.55%) SAP