Period
to 20 May 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 20 May 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
20 May 2019
Same period 2018 Same period 2017
Rank 12 8 7
Rank change year-on-year -4 -1 0
Contract jobs citing Banking 4,452 5,428 5,498
As % of all contract IT jobs advertised in London 11.03% 11.88% 13.86%
As % of the General category 25.57% 26.57% 30.63%
Number of daily rates quoted 3,173 3,911 4,034
London median daily rate £563 £550 £550
Median daily rate % change year-on-year +2.27% - +4.76%
10th Percentile £381 £363 £375
90th Percentile £725 £725 £688
England median daily rate £550 £525 £525
% change year-on-year +4.76% - +5.00%
Number of hourly rates quoted 54 44 24
London median hourly rate £20.00 £16.73 £19.00
Median hourly rate % change year-on-year +19.58% -11.97% -40.63%
10th Percentile £15.00 £13.08 £13.32
90th Percentile £36.67 £30.00 £77.25
England median hourly rate £20.00 £17.15 £18.00
% change year-on-year +16.62% -4.72% +12.11%

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 17,408 20,431 17,948
As % of all contract IT jobs advertised in London 43.14% 44.73% 45.25%
Number of daily rates quoted 12,124 14,662 12,756
London median daily rate £525 £513 £500
Median daily rate % change year-on-year +2.44% +2.50% +5.26%
10th Percentile £345 £313 £313
90th Percentile £713 £700 £675
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% -
Number of hourly rates quoted 178 236 178
London median hourly rate £21.00 £26.00 £21.75
Median hourly rate % change year-on-year -19.23% +19.54% -3.33%
10th Percentile £13.84 £14.38 £11.25
90th Percentile £53.75 £59.19 £59.00
England median hourly rate £30.00 £26.78 £25.00
% change year-on-year +12.04% +7.10% -7.15%

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 20 May 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 20 May 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 20 May 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 -7 925 £550 -2.22% 148
East London +5 100 £525 -12.50% 20
South London +23 42 £550 +1.85% 1
West London +27 17 £500 -10.71% 23
North London -8 2 £600 +20.00% 2
Banking
England

For the 6 months to 20 May 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 2,349 (52.76%) Finance
2 1,412 (31.72%) Agile Software Development
3 1,054 (23.67%) Java
4 977 (21.95%) Investment Banking
5 732 (16.44%) SQL
6 513 (11.52%) DevOps
7 497 (11.16%) Front Office
8 484 (10.87%) Python
9 471 (10.58%) JavaScript
10 431 (9.68%) Amazon AWS
11 394 (8.85%) Windows
12 390 (8.76%) Microservices
13 368 (8.27%) C#
14 363 (8.15%) TDD
15 343 (7.70%) .NET
16 334 (7.50%) Stakeholder Management
17 315 (7.08%) SQL Server
18 312 (7.01%) Oracle
19 306 (6.87%) Microsoft
20 300 (6.74%) Linux
21 295 (6.63%) Test Automation
22 293 (6.58%) Microsoft Azure
23 289 (6.49%) Spring
24 284 (6.38%) Docker
25 281 (6.31%) JIRA
26 279 (6.27%) Jenkins
27 278 (6.24%) SDLC
28 272 (6.11%) Scrum
29 269 (6.04%) HTML
30 267 (6.00%) Analytics

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
1 167 (3.75%) Confluence
2 130 (2.92%) Apache Spark
3 81 (1.82%) WebSphere
4 80 (1.80%) Apache
5 47 (1.06%) IIS
6 45 (1.01%) WebLogic
7 44 (0.99%) SharePoint
8 42 (0.94%) Elasticsearch
9 40 (0.90%) Tomcat
10 39 (0.88%) JBoss
11 38 (0.85%) SAS
12 34 (0.76%) Oracle Coherence
13 30 (0.67%) Mule
14 25 (0.56%) Cloud Foundry
15 23 (0.52%) Skype for Business
16 22 (0.49%) CMS
17 20 (0.45%) nginx
18 19 (0.43%) WebSphere Application Server
19 17 (0.38%) GlassFish
20 16 (0.36%) MS Exchange
Applications
1 133 (2.99%) Microsoft Excel
2 101 (2.27%) Microsoft Office
3 48 (1.08%) Microsoft PowerPoint
4 28 (0.63%) MS Visio
5 26 (0.58%) Microsoft Project
6 24 (0.54%) Sketch
7 14 (0.31%) InVision
7 14 (0.31%) Spreadsheet
8 13 (0.29%) Photoshop
9 12 (0.27%) Adobe Illustrator
10 8 (0.18%) Zeplin
11 6 (0.13%) Marvel
12 4 (0.090%) Flinto
13 3 (0.067%) Acrobat
13 3 (0.067%) Adobe Creative Suite
13 3 (0.067%) Blender
13 3 (0.067%) Chatbot
13 3 (0.067%) InDesign
13 3 (0.067%) OmniGraffle
14 2 (0.045%) Adobe Premiere
Business Applications
1 33 (0.74%) Dynamics CRM
2 26 (0.58%) Actimize
3 16 (0.36%) Endur
4 15 (0.34%) Distributed Ledger
5 9 (0.20%) Salesforce.com CRM
6 6 (0.13%) BusinessWorks
6 6 (0.13%) Markit EDM
7 5 (0.11%) Eikon
7 5 (0.11%) Summit
7 5 (0.11%) Temenos T24
8 3 (0.067%) Oracle EBS R12
8 3 (0.067%) Payment Gateway
8 3 (0.067%) SAP Business One
8 3 (0.067%) SAP FI
8 3 (0.067%) SAP S/4HANA
9 2 (0.045%) ION MarketView
9 2 (0.045%) OpenText VIM for SAP
9 2 (0.045%) Oracle BPM
9 2 (0.045%) SAP BPC
9 2 (0.045%) SAP ERP
Cloud Services
1 431 (9.68%) Amazon AWS
2 293 (6.58%) Microsoft Azure
3 192 (4.31%) Google Cloud Platform
4 111 (2.49%) SaaS
5 108 (2.43%) Office 365
6 83 (1.86%) PaaS
7 67 (1.50%) Serverless
8 61 (1.37%) IaaS
9 58 (1.30%) Power Platform
10 46 (1.03%) AWS Lambda
10 46 (1.03%) Cloud Computing
11 45 (1.01%) GitHub
12 38 (0.85%) Apigee
13 32 (0.72%) OpenShift
14 31 (0.70%) npm
15 27 (0.61%) AWS CloudFormation
16 17 (0.38%) Stackdriver
17 13 (0.29%) Azure Active Directory
18 12 (0.27%) Amazon Kinesis
19 11 (0.25%) Amazon EC2
Communications & Networking
1 67 (1.50%) Firewall
2 56 (1.26%) DNS
3 39 (0.88%) BGP
3 39 (0.88%) WAN
4 37 (0.83%) HTTP
5 36 (0.81%) LAN
6 35 (0.79%) Internet
6 35 (0.79%) TCP/IP
7 32 (0.72%) Multicast
8 30 (0.67%) OSPF
9 25 (0.56%) DHCP
9 25 (0.56%) Skype
10 23 (0.52%) Network Security
11 22 (0.49%) SAN
12 21 (0.47%) FTP
12 21 (0.47%) VPN
13 18 (0.40%) Cisco Nexus
14 17 (0.38%) EIGRP
15 16 (0.36%) SSL
16 14 (0.31%) Unified Communications
Database & Business Intelligence
1 315 (7.08%) SQL Server
2 197 (4.42%) Big Data
3 175 (3.93%) NoSQL
4 153 (3.44%) Relational Database
5 139 (3.12%) Data Warehouse
6 125 (2.81%) Hadoop
7 109 (2.45%) MongoDB
8 94 (2.11%) Apache Cassandra
9 86 (1.93%) SQL Server Integration Services
10 75 (1.68%) Apache Hive
11 63 (1.42%) SQL Server Reporting Services
12 59 (1.33%) MySQL
13 57 (1.28%) Oracle Database
13 57 (1.28%) Power BI
14 41 (0.92%) HBase
14 41 (0.92%) RDBMS
15 36 (0.81%) Data Lake
16 33 (0.74%) PostgreSQL
17 31 (0.70%) Blockchain
18 30 (0.67%) Amazon DynamoDB
Development Applications
1 281 (6.31%) JIRA
2 279 (6.27%) Jenkins
3 184 (4.13%) Git (software)
4 142 (3.19%) Maven
5 117 (2.63%) Bitbucket
6 80 (1.80%) Cucumber
6 80 (1.80%) Selenium
7 79 (1.77%) JUnit
7 79 (1.77%) TeamCity
8 50 (1.12%) Subversion
9 45 (1.01%) Gradle
10 39 (0.88%) Pylint
10 39 (0.88%) Sourcetree
11 35 (0.79%) Visual Studio
12 33 (0.74%) Atlassian Bamboo
12 33 (0.74%) Sonatype Nexus
13 31 (0.70%) Eclipse
14 30 (0.67%) gulp
15 28 (0.63%) Hudson
16 26 (0.58%) Axure RP
General
1 2,349 (52.76%) Finance
2 977 (21.95%) Investment Banking
3 497 (11.16%) Front Office
4 250 (5.62%) Retail Banking
5 224 (5.03%) Financial Institution
6 135 (3.03%) Retail
7 110 (2.47%) Back Office
8 75 (1.68%) Legal
9 63 (1.42%) Marketing
10 62 (1.39%) Private Banking
11 51 (1.15%) Law
12 45 (1.01%) Games
13 32 (0.72%) Corporate Banking
13 32 (0.72%) Telecoms
14 24 (0.54%) International Banking
15 20 (0.45%) Advertising
16 17 (0.38%) Wholesale Banking
17 15 (0.34%) French Language
18 12 (0.27%) General Ledger
19 11 (0.25%) Publishing
Job Titles
1 1,469 (33.00%) Developer
2 659 (14.80%) Analyst
3 534 (11.99%) Java Developer
4 403 (9.05%) Architect
5 366 (8.22%) Business Analyst
6 240 (5.39%) Project Manager
7 205 (4.60%) Senior Developer
8 186 (4.18%) Banking Analyst
9 178 (4.00%) C# Developer
10 157 (3.53%) DevOps Engineer
11 152 (3.41%) Consultant
12 138 (3.10%) .NET Developer
13 137 (3.08%) Solutions Architect
14 133 (2.99%) Python Developer
15 117 (2.63%) SQL Developer
16 106 (2.38%) Senior Java Developer
17 100 (2.25%) Full Stack Developer
18 97 (2.18%) React Developer
19 84 (1.89%) Test Analyst
20 79 (1.77%) Tester
Libraries, Frameworks & Software Standards
1 343 (7.70%) .NET
2 289 (6.49%) Spring
3 269 (6.04%) HTML
4 252 (5.66%) React
5 221 (4.96%) Web Services
6 211 (4.74%) RESTful
7 205 (4.60%) Node.js
8 196 (4.40%) AngularJS
9 195 (4.38%) REST
10 192 (4.31%) CSS
11 163 (3.66%) Spring Boot
12 144 (3.23%) HTML5
13 137 (3.08%) XML
14 136 (3.05%) Kafka
15 109 (2.45%) Middleware
16 100 (2.25%) Redux
17 92 (2.07%) JSON
18 86 (1.93%) WPF
19 75 (1.68%) ASP.NET
20 66 (1.48%) Hibernate
Miscellaneous
1 262 (5.88%) Fintech
2 258 (5.80%) Analytical Skills
3 239 (5.37%) Greenfield Project
4 238 (5.35%) Foreign Exchange (FX)
5 214 (4.81%) Derivative
6 185 (4.16%) User Experience
7 176 (3.95%) Fixed Income
8 129 (2.90%) Equities
9 93 (2.09%) Credit Risk
10 87 (1.95%) SWIFT
11 85 (1.91%) Mobile App
12 80 (1.80%) Self-Motivation
13 68 (1.53%) Management Information System
14 63 (1.42%) Mobile Banking
15 62 (1.39%) Virtual Team
16 61 (1.37%) Algorithms
17 59 (1.33%) Data Structures
18 58 (1.30%) Equity Derivative
19 49 (1.10%) Market Risk
20 48 (1.08%) Hedge funds
Operating Systems
1 394 (8.85%) Windows
2 300 (6.74%) Linux
3 208 (4.67%) Unix
4 111 (2.49%) Windows 10
5 100 (2.25%) Windows Server
6 93 (2.09%) Windows 7
7 62 (1.39%) Apple iOS
8 55 (1.24%) Android
9 51 (1.15%) Red Hat Enterprise Linux
10 34 (0.76%) Windows Server 2012
11 24 (0.54%) Windows Server 2008
12 16 (0.36%) Solaris
13 11 (0.25%) Mac OS
14 6 (0.13%) Windows 8
15 5 (0.11%) Data ONTAP
16 4 (0.090%) Windows Server 2003
17 3 (0.067%) CentOS
17 3 (0.067%) CoreOS
18 2 (0.045%) Windows XP
18 2 (0.045%) zOS
Processes & Methodologies
1 1,412 (31.72%) Agile Software Development
2 513 (11.52%) DevOps
3 390 (8.76%) Microservices
4 363 (8.15%) TDD
5 334 (7.50%) Stakeholder Management
6 295 (6.63%) Test Automation
7 278 (6.24%) SDLC
8 272 (6.11%) Scrum
9 267 (6.00%) Analytics
10 260 (5.84%) Project Management
11 250 (5.62%) Problem-Solving
12 237 (5.32%) Continuous Integration
13 224 (5.03%) Migration
14 221 (4.96%) BDD
15 203 (4.56%) Multithreading
16 194 (4.36%) Business Analysis
17 181 (4.07%) Software Engineering
18 170 (3.82%) Change Management
19 169 (3.80%) Risk Management
20 162 (3.64%) Open Source
Programming Languages
1 1,054 (23.67%) Java
2 732 (16.44%) SQL
3 484 (10.87%) Python
4 471 (10.58%) JavaScript
5 368 (8.27%) C#
6 237 (5.32%) Java 8
7 135 (3.03%) PowerShell
8 112 (2.52%) C++
9 106 (2.38%) Scala
10 85 (1.91%) T-SQL
11 77 (1.73%) R
11 77 (1.73%) VBA
12 76 (1.71%) VB.NET
13 74 (1.66%) Perl
14 71 (1.59%) PL/SQL
15 68 (1.53%) Shell Script
16 60 (1.35%) TypeScript
17 47 (1.06%) Bash Shell
18 45 (1.01%) ES6
19 40 (0.90%) Groovy
Qualifications
1 226 (5.08%) Degree
2 38 (0.85%) Cisco Certification
3 36 (0.81%) CISSP
4 34 (0.76%) CCNP
5 29 (0.65%) Security Cleared
6 28 (0.63%) Computer Science Degree
7 25 (0.56%) ITIL Certification
7 25 (0.56%) PMP
8 24 (0.54%) ISEB
8 24 (0.54%) PRINCE2 Certification
9 23 (0.52%) CISM
9 23 (0.52%) PhD
10 22 (0.49%) PMI Certification
11 20 (0.45%) SC Cleared
12 16 (0.36%) CCIE
12 16 (0.36%) ISTQB
13 15 (0.34%) Master's Degree
14 14 (0.31%) GIAC
14 14 (0.31%) Numerate Degree
15 11 (0.25%) Microsoft Certification
Quality Assurance & Compliance
1 190 (4.27%) QA
2 159 (3.57%) PSD2
3 77 (1.73%) PMO
4 47 (1.06%) SEPA
5 41 (0.92%) GDPR
6 36 (0.81%) IFRS
6 36 (0.81%) IFRS 9
7 34 (0.76%) MiFID
8 28 (0.63%) Data Quality
9 26 (0.58%) SLA
10 22 (0.49%) ISO/IEC 27001
11 20 (0.45%) Basel III
12 15 (0.34%) PCI DSS
13 10 (0.22%) EMIR
14 8 (0.18%) COREP
14 8 (0.18%) FINREP
15 6 (0.13%) Dodd-Frank
16 5 (0.11%) Sarbanes-Oxley
16 5 (0.11%) Solvency II
17 4 (0.090%) COBIT
System Software
1 284 (6.38%) Docker
2 158 (3.55%) Active Directory
3 69 (1.55%) VMware Infrastructure
4 41 (0.92%) Virtual Machines
5 37 (0.83%) XenApp
6 33 (0.74%) HDFS
7 21 (0.47%) XenDesktop
8 20 (0.45%) Hyper-V
8 20 (0.45%) Oracle RAC
9 19 (0.43%) Virtual Desktop
10 16 (0.36%) OpenAM
11 11 (0.25%) VMware ESXi
12 10 (0.22%) OpenDJ
13 9 (0.20%) KVM
14 8 (0.18%) vSphere
15 7 (0.16%) OpenIDM
16 5 (0.11%) VMware Workstation
17 4 (0.090%) Apache ZooKeeper
17 4 (0.090%) NFS
17 4 (0.090%) ProxySG
Systems Management
1 238 (5.35%) Kubernetes
2 133 (2.99%) Ansible
3 99 (2.22%) Terraform
4 85 (1.91%) Puppet
5 79 (1.77%) SCCM
6 62 (1.39%) Opscode Chef
7 38 (0.85%) Control-M
8 27 (0.61%) Single Sign-On
9 24 (0.54%) HP Quality Center
10 15 (0.34%) Kibana
10 15 (0.34%) logstash
11 12 (0.27%) Cisco CUCM
12 11 (0.25%) Hadoop YARN
13 9 (0.20%) Nagios
14 8 (0.18%) IBM BigFix
14 8 (0.18%) Symantec Endpoint Protection
15 7 (0.16%) Data Guard
15 7 (0.16%) HP ALM
15 7 (0.16%) Istio
15 7 (0.16%) Microsoft Clustering
Vendors
1 312 (7.01%) Oracle
2 306 (6.87%) Microsoft
3 140 (3.14%) Google
4 122 (2.74%) VMware
5 90 (2.02%) Citrix
5 90 (2.02%) IBM
6 84 (1.89%) Splunk
7 77 (1.73%) Cisco
8 59 (1.33%) Salesforce.com
9 58 (1.30%) MuleSoft
9 58 (1.30%) Red Hat
10 55 (1.24%) SAP
11 52 (1.17%) HP
11 52 (1.17%) Sybase
12 48 (1.08%) ServiceNow
13 43 (0.97%) Tableau
14 42 (0.94%) Bloomberg
14 42 (0.94%) TIBCO
15 36 (0.81%) Murex
16 33 (0.74%) Reuters