Period
to 19 July 2018

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 19 July 2018 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
19 Jul 2018
Same period 2017 Same period 2016
Rank 8 6 7
Rank change year-on-year -2 +1 -1
Contract jobs citing Banking 5,485 6,165 5,804
As % of all contract IT jobs advertised in London 11.87% 14.72% 12.75%
As % of the General category 26.65% 32.02% 28.84%
Number of daily rates quoted 3,997 4,540 4,318
London median daily rate £550 £550 £525
Median daily rate % change year-on-year - +4.76% +5.00%
10th Percentile £375 £375 £350
90th Percentile £738 £688 £688
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% +4.82%
Number of hourly rates quoted 46 32 13
London median hourly rate £18.70 £19.00 £32.00
Median hourly rate % change year-on-year -1.58% -40.63% +61.21%
10th Percentile £13.88 £13.26 £18.96
90th Percentile £30.00 £33.90 £93.00
England median hourly rate £18.70 £15.00 £18.70
% change year-on-year +24.67% -19.79% +4.00%

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 20,585 19,256 20,125
As % of all contract IT jobs advertised in London 44.56% 45.99% 44.22%
Number of daily rates quoted 14,826 13,668 14,713
London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% -
10th Percentile £325 £313 £300
90th Percentile £700 £675 £675
England median daily rate £475 £461 £450
% change year-on-year +3.07% +2.41% +5.88%
Number of hourly rates quoted 217 200 208
London median hourly rate £24.00 £21.25 £21.00
Median hourly rate % change year-on-year +12.94% +1.19% -
10th Percentile £14.40 £11.33 £10.00
90th Percentile £53.75 £53.75 £48.10
England median hourly rate £27.08 £24.49 £25.00
% change year-on-year +10.60% -2.06% +11.11%

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 19 July 2018.

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 19 July 2018.

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 19 July 2018. 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 -2 1,272 £575 +4.55% 198
East London -26 60 £550 -4.35% 37
South London -42 42 £575 - 22
West London -34 24 £450 +328.57% 45
North London +5 3 £500 +376.19% 4
Banking
England

For the 6 months to 19 July 2018, 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 2,950 (53.78%) Finance
2 1,754 (31.98%) Agile Software Development
3 1,488 (27.13%) Investment Banking
4 1,359 (24.78%) Java
5 1,017 (18.54%) SQL
6 730 (13.31%) Front Office
7 729 (13.29%) JavaScript
8 695 (12.67%) C#
9 588 (10.72%) .NET
10 571 (10.41%) Python
11 560 (10.21%) TDD
12 516 (9.41%) Scrum
13 515 (9.39%) DevOps
14 481 (8.77%) Linux
15 480 (8.75%) Microsoft
16 475 (8.66%) SQL Server
17 468 (8.53%) HTML
18 457 (8.33%) Stakeholder Management
19 456 (8.31%) Foreign Exchange (FX)
20 454 (8.28%) AngularJS
21 439 (8.00%) Problem-Solving
22 419 (7.64%) Unix
23 415 (7.57%) Windows
24 394 (7.18%) Node.js
25 393 (7.16%) Change Management
26 388 (7.07%) Amazon AWS
27 385 (7.02%) Oracle
28 383 (6.98%) Test Automation
29 375 (6.84%) Spring
30 360 (6.56%) Microservices

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
1 169 (3.08%) Confluence
2 121 (2.21%) Apache Spark
3 113 (2.06%) Apache
4 82 (1.49%) Elasticsearch
5 79 (1.44%) WebSphere
6 73 (1.33%) SharePoint
7 72 (1.31%) Tomcat
8 52 (0.95%) JBoss
9 51 (0.93%) Cloud Foundry
10 50 (0.91%) Mule
11 45 (0.82%) IIS
12 44 (0.80%) NServiceBus
13 35 (0.64%) SAS
14 26 (0.47%) MS Exchange
15 25 (0.46%) CMS
16 20 (0.36%) Apache Pig
17 17 (0.31%) DataSynapse
18 16 (0.29%) nginx
18 16 (0.29%) Skype for Business
19 15 (0.27%) Adobe Experience Manager
Applications
1 202 (3.68%) Microsoft Excel
2 97 (1.77%) Microsoft Office
3 80 (1.46%) Microsoft PowerPoint
4 67 (1.22%) MS Visio
5 32 (0.58%) Microsoft Project
6 29 (0.53%) Spreadsheet
7 19 (0.35%) Adobe Creative Suite
7 19 (0.35%) Photoshop
8 15 (0.27%) Adobe Illustrator
8 15 (0.27%) InVision
9 8 (0.15%) OmniGraffle
10 5 (0.091%) InDesign
11 4 (0.073%) Chatbot
12 3 (0.055%) InfoPath
13 2 (0.036%) GIMP
13 2 (0.036%) HipChat
13 2 (0.036%) Shockwave
13 2 (0.036%) UXPin
14 1 (0.018%) Flinto
14 1 (0.018%) SPSS
Business Applications
1 62 (1.13%) ION MarketView
2 29 (0.53%) Temenos T24
3 25 (0.46%) Dynamics CRM
4 15 (0.27%) Actimize
4 15 (0.27%) Oracle Financials
4 15 (0.27%) Salesforce.com CRM
5 14 (0.26%) Temenos Globus
6 9 (0.16%) Markit EDM
7 8 (0.15%) RMDS
8 7 (0.13%) Eikon
8 7 (0.13%) Summit
9 6 (0.11%) FLEXCUBE
9 6 (0.11%) Global One
10 5 (0.091%) Bloomberg TOMS
10 5 (0.091%) Oracle Cash Management
10 5 (0.091%) SAP CO
10 5 (0.091%) SAP FI
10 5 (0.091%) SAP FI/CO
10 5 (0.091%) thinkFolio
10 5 (0.091%) Workday HCM
Cloud Services
1 388 (7.07%) Amazon AWS
2 219 (3.99%) Microsoft Azure
3 93 (1.70%) GitHub
4 78 (1.42%) npm
5 61 (1.11%) Google Cloud Platform
5 61 (1.11%) Serverless
6 60 (1.09%) Office 365
7 52 (0.95%) Cloud Computing
8 48 (0.88%) IaaS
9 41 (0.75%) PaaS
10 40 (0.73%) AWS Lambda
11 39 (0.71%) SaaS
12 33 (0.60%) IBM Cloud
13 26 (0.47%) Amazon EC2
13 26 (0.47%) Amazon S3
14 24 (0.44%) Amazon Kinesis
15 21 (0.38%) OpenShift
16 20 (0.36%) Heroku
17 15 (0.27%) Amazon CloudWatch
17 15 (0.27%) Sauce Labs
Communications & Networking
1 97 (1.77%) Firewall
2 60 (1.09%) Internet
3 55 (1.00%) HTTP
4 46 (0.84%) SAN
5 45 (0.82%) TCP/IP
6 42 (0.77%) LAN
7 40 (0.73%) WAN
8 39 (0.71%) Network Security
9 32 (0.58%) DNS
10 30 (0.55%) SSL
11 29 (0.53%) SMS
12 28 (0.51%) OSPF
13 26 (0.47%) Multicast
14 25 (0.46%) BGP
14 25 (0.46%) Skype
15 24 (0.44%) Kerberos
16 22 (0.40%) Cisco Nexus
17 21 (0.38%) DHCP
18 18 (0.33%) Cisco IOS
18 18 (0.33%) MPLS
Database & Business Intelligence
1 475 (8.66%) SQL Server
2 244 (4.45%) Blockchain
3 223 (4.07%) Relational Database
4 215 (3.92%) Big Data
5 174 (3.17%) SQL Server Integration Services
6 161 (2.94%) NoSQL
7 154 (2.81%) Hadoop
8 143 (2.61%) MongoDB
9 142 (2.59%) SQL Server Reporting Services
10 134 (2.44%) Data Warehouse
11 70 (1.28%) PostgreSQL
12 67 (1.22%) Oracle Database
13 66 (1.20%) RDBMS
14 62 (1.13%) DB2
15 61 (1.11%) Apache Hive
16 52 (0.95%) MySQL
17 45 (0.82%) SQL Server Analysis Services
18 43 (0.78%) Data Mining
19 40 (0.73%) HBase
20 38 (0.69%) Apache Cassandra
Development Applications
1 329 (6.00%) Jenkins
2 319 (5.82%) JIRA
3 312 (5.69%) Git (software)
4 201 (3.66%) Maven
5 144 (2.63%) Selenium
6 112 (2.04%) Cucumber
7 93 (1.70%) TeamCity
8 92 (1.68%) JUnit
9 72 (1.31%) Sonatype Nexus
10 61 (1.11%) webpack
11 60 (1.09%) Visual Studio
12 59 (1.08%) Subversion
13 50 (0.91%) Gradle
14 48 (0.88%) Ant
15 43 (0.78%) gulp
16 42 (0.77%) Atlassian Bamboo
17 38 (0.69%) Team Foundation Server
18 34 (0.62%) Bitbucket
18 34 (0.62%) SonarQube
19 32 (0.58%) Mocha
General
1 2,950 (53.78%) Finance
2 1,488 (27.13%) Investment Banking
3 730 (13.31%) Front Office
4 282 (5.14%) Retail Banking
5 198 (3.61%) Financial Institution
6 141 (2.57%) Retail
7 105 (1.91%) Back Office
8 98 (1.79%) Legal
9 80 (1.46%) Private Banking
10 74 (1.35%) Marketing
10 74 (1.35%) Telecoms
11 50 (0.91%) Advertising
12 45 (0.82%) Law
13 42 (0.77%) Games
14 36 (0.66%) Corporate Banking
15 23 (0.42%) International Banking
16 19 (0.35%) General Ledger
17 14 (0.26%) French Language
18 13 (0.24%) Wholesale Banking
19 11 (0.20%) Billing
Job Titles
1 2,161 (39.40%) Developer
2 865 (15.77%) Analyst
3 723 (13.18%) Java Developer
4 457 (8.33%) Business Analyst
5 434 (7.91%) C# Developer
6 394 (7.18%) Senior Developer
7 381 (6.95%) Architect
8 293 (5.34%) Banking Analyst
8 293 (5.34%) Project Manager
9 269 (4.90%) .NET Developer
10 188 (3.43%) C# .NET Developer
10 188 (3.43%) React Developer
11 169 (3.08%) Angular Developer
12 167 (3.04%) DevOps Engineer
13 165 (3.01%) Full Stack Developer
13 165 (3.01%) JavaScript Developer
14 163 (2.97%) Senior Java Developer
15 145 (2.64%) Consultant
16 130 (2.37%) Front Office Developer
16 130 (2.37%) Solutions Architect
Libraries, Frameworks & Software Standards
1 588 (10.72%) .NET
2 468 (8.53%) HTML
3 454 (8.28%) AngularJS
4 394 (7.18%) Node.js
5 375 (6.84%) Spring
6 355 (6.47%) React
7 340 (6.20%) CSS
8 285 (5.20%) HTML5
9 267 (4.87%) Web Services
10 265 (4.83%) REST
11 223 (4.07%) ASP.NET
12 213 (3.88%) RESTful
13 186 (3.39%) XML
14 178 (3.25%) WCF
15 157 (2.86%) Middleware
16 138 (2.52%) ASP.NET MVC
17 124 (2.26%) Kafka
18 113 (2.06%) Redux
19 110 (2.01%) Spring Boot
20 108 (1.97%) JSON
Miscellaneous
1 456 (8.31%) Foreign Exchange (FX)
2 350 (6.38%) Analytical Skills
3 320 (5.83%) Fixed Income
4 265 (4.83%) Fintech
5 253 (4.61%) Derivative
6 227 (4.14%) User Experience
7 224 (4.08%) Greenfield Project
8 181 (3.30%) Equities
9 145 (2.64%) Computer Science
10 109 (1.99%) Credit Risk
11 95 (1.73%) Algorithms
12 85 (1.55%) Mobile App
13 77 (1.40%) Online Banking
14 76 (1.39%) Self-Motivation
15 75 (1.37%) Data Centre
16 72 (1.31%) Data Structures
17 70 (1.28%) Hedge funds
18 68 (1.24%) Market Risk
19 65 (1.19%) Equity Derivative
20 64 (1.17%) Management Information System
Operating Systems
1 481 (8.77%) Linux
2 419 (7.64%) Unix
3 415 (7.57%) Windows
4 106 (1.93%) Apple iOS
5 84 (1.53%) Red Hat Enterprise Linux
5 84 (1.53%) Windows Server
6 82 (1.49%) Android
7 51 (0.93%) Windows 10
8 48 (0.88%) Windows 7
9 40 (0.73%) Solaris
10 36 (0.66%) Windows Server 2008
11 26 (0.47%) AIX
12 22 (0.40%) Windows Server 2012
13 13 (0.24%) Mac OS
14 12 (0.22%) CentOS
15 9 (0.16%) Ubuntu
15 9 (0.16%) Windows 8
15 9 (0.16%) Windows Server 2003
15 9 (0.16%) Windows XP
16 7 (0.13%) SUSE Linux Enterprise Server
Processes & Methodologies
1 1,754 (31.98%) Agile Software Development
2 560 (10.21%) TDD
3 516 (9.41%) Scrum
4 515 (9.39%) DevOps
5 457 (8.33%) Stakeholder Management
6 439 (8.00%) Problem-Solving
7 393 (7.16%) Change Management
8 383 (6.98%) Test Automation
9 360 (6.56%) Microservices
10 339 (6.18%) Multithreading
11 330 (6.02%) BDD
12 314 (5.72%) Electronic Trading
13 307 (5.60%) Continuous Integration
14 299 (5.45%) SDLC
15 293 (5.34%) Migration
15 293 (5.34%) Project Management
16 253 (4.61%) Business Analysis
17 250 (4.56%) Web Development
18 243 (4.43%) Analytics
19 235 (4.28%) Low Latency
Programming Languages
1 1,359 (24.78%) Java
2 1,017 (18.54%) SQL
3 729 (13.29%) JavaScript
4 695 (12.67%) C#
5 571 (10.41%) Python
6 212 (3.87%) Java 8
7 195 (3.56%) C++
8 126 (2.30%) TypeScript
9 112 (2.04%) Bash Shell
10 105 (1.91%) PowerShell
10 105 (1.91%) T-SQL
11 104 (1.90%) Scala
12 103 (1.88%) ES6
13 102 (1.86%) Perl
14 84 (1.53%) Ruby
15 83 (1.51%) VBA
16 79 (1.44%) C
17 78 (1.42%) PL/SQL
18 71 (1.29%) Shell Script
19 65 (1.19%) PHP
Qualifications
1 268 (4.89%) Degree
2 55 (1.00%) Cisco Certification
3 49 (0.89%) Computer Science Degree
4 48 (0.88%) ITIL Certification
5 43 (0.78%) CISSP
6 38 (0.69%) ISEB
6 38 (0.69%) PMP
7 35 (0.64%) CCNP
8 33 (0.60%) ISTQB
9 27 (0.49%) CISA
9 27 (0.49%) PMI Certification
10 26 (0.47%) CISM
10 26 (0.47%) PRINCE2 Certification
11 25 (0.46%) Numerate Degree
12 23 (0.42%) Security Cleared
13 22 (0.40%) CCNA
13 22 (0.40%) Microsoft Certification
14 18 (0.33%) CCIE
15 17 (0.31%) PhD
15 17 (0.31%) SC Cleared
Quality Assurance & Compliance
1 186 (3.39%) QA
2 126 (2.30%) MiFID
3 76 (1.39%) PSD2
4 66 (1.20%) PMO
5 62 (1.13%) Data Quality
6 59 (1.08%) GDPR
7 49 (0.89%) EMIR
8 38 (0.69%) Dodd-Frank
9 36 (0.66%) SLA
10 35 (0.64%) GCP
11 29 (0.53%) SEPA
12 26 (0.47%) ISO/IEC 27001
13 16 (0.29%) IFRS
14 15 (0.27%) ISO 20022
14 15 (0.27%) PCI DSS
15 14 (0.26%) IFRS 9
16 12 (0.22%) TARGET2
17 7 (0.13%) COBIT
18 6 (0.11%) Basel III
18 6 (0.11%) COREP
System Software
1 264 (4.81%) Docker
2 101 (1.84%) Active Directory
3 69 (1.26%) VMware Infrastructure
4 27 (0.49%) HDFS
5 24 (0.44%) Virtual Machines
6 22 (0.40%) OpenAM
7 21 (0.38%) VMware ESXi
8 19 (0.35%) Apache Flume
9 15 (0.27%) vSphere
10 13 (0.24%) Apache ZooKeeper
10 13 (0.24%) XenDesktop
11 12 (0.22%) XenApp
12 9 (0.16%) Microsoft App-V
13 8 (0.15%) ProxySG
13 8 (0.15%) XenServer
14 7 (0.13%) Hyper-V
14 7 (0.13%) Veritas Cluster Server
15 6 (0.11%) NFS
15 6 (0.11%) Oracle RAC
15 6 (0.11%) Virtual Servers
Systems Management
1 175 (3.19%) Ansible
2 119 (2.17%) Kubernetes
3 91 (1.66%) Puppet
4 80 (1.46%) Opscode Chef
5 59 (1.08%) Terraform
6 44 (0.80%) SCCM
7 36 (0.66%) Oozie
8 30 (0.55%) Single Sign-On
9 25 (0.46%) Consul
10 24 (0.44%) Hadoop YARN
11 22 (0.40%) Control-M
11 22 (0.40%) Kibana
12 20 (0.36%) Mesos
13 19 (0.35%) logstash
14 15 (0.27%) ITRS Geneos
15 12 (0.22%) Packer
16 10 (0.18%) HP Quality Center
17 8 (0.15%) McAfee ePO
17 8 (0.15%) Systems Management Server (SMS)
17 8 (0.15%) WSUS
Vendors
1 480 (8.75%) Microsoft
2 385 (7.02%) Oracle
3 179 (3.26%) IBM
4 104 (1.90%) Cisco
4 104 (1.90%) VMware
5 84 (1.53%) Bloomberg
6 83 (1.51%) Tableau
7 77 (1.40%) Splunk
7 77 (1.40%) Sybase
8 71 (1.29%) Google
8 71 (1.29%) Red Hat
9 69 (1.26%) Citrix
9 69 (1.26%) TIBCO
10 68 (1.24%) ION Trading
11 61 (1.11%) Reuters
12 56 (1.02%) Salesforce.com
13 55 (1.00%) SAP
14 54 (0.98%) Atlassian
15 53 (0.97%) Adobe
15 53 (0.97%) MuleSoft