Period
to 24 January 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 24 January 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
24 Jan 2019
Same period 2018 Same period 2017
Rank 9 7 8
Rank change year-on-year -2 +1 -3
Contract jobs citing Banking 5,169 6,401 5,275
As % of all contract IT jobs advertised in London 11.62% 13.72% 12.59%
As % of the General category 26.43% 30.19% 29.15%
Number of daily rates quoted 3,825 4,745 3,800
London median daily rate £570 £550 £548
Median daily rate % change year-on-year +3.64% +0.46% +4.29%
10th Percentile £388 £363 £363
90th Percentile £725 £713 £688
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 51 25 10
London median hourly rate £18.70 £15.00 £30.00
Median hourly rate % change year-on-year +24.67% -50.00% -25.00%
10th Percentile £15.00 £15.00 £13.90
90th Percentile £36.67 £17.33 £82.50
England median hourly rate £18.70 £15.00 £30.00
% change year-on-year +24.67% -50.00% +20.00%

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 19,561 21,202 18,095
As % of all contract IT jobs advertised in London 43.97% 45.45% 43.18%
Number of daily rates quoted 13,878 15,380 12,951
London median daily rate £525 £501 £488
Median daily rate % change year-on-year +4.90% +2.67% +2.63%
10th Percentile £315 £313 £306
90th Percentile £700 £688 £675
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +2.86%
Number of hourly rates quoted 207 205 190
London median hourly rate £22.93 £22.02 £23.71
Median hourly rate % change year-on-year +4.16% -7.13% -2.17%
10th Percentile £13.60 £14.35 £11.37
90th Percentile £60.75 £47.83 £63.00
England median hourly rate £25.12 £26.00 £25.00
% change year-on-year -3.40% +4.00% -3.85%

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 24 January 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 24 January 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 24 January 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 -2 1,146 £575 +4.55% 233
East London -24 84 £525 -11.69% 27
South London -20 39 £550 - 15
West London +8 18 £444 +285.87% 76
North London -9 2 £500 +334.78%
Banking
England

For the 6 months to 24 January 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 2,581 (49.93%) Finance
2 1,713 (33.14%) Agile Software Development
3 1,356 (26.23%) Java
4 1,185 (22.93%) Investment Banking
5 864 (16.72%) SQL
6 725 (14.03%) Front Office
7 645 (12.48%) DevOps
8 572 (11.07%) Python
9 548 (10.60%) JavaScript
10 495 (9.58%) Microservices
11 488 (9.44%) C#
12 477 (9.23%) Amazon AWS
13 445 (8.61%) TDD
14 442 (8.55%) SQL Server
15 432 (8.36%) Jenkins
16 428 (8.28%) Linux
17 422 (8.16%) Oracle
18 420 (8.13%) .NET
19 398 (7.70%) Spring
20 393 (7.60%) Windows
21 392 (7.58%) Test Automation
22 385 (7.45%) Stakeholder Management
23 355 (6.87%) Microsoft
24 347 (6.71%) Scrum
25 346 (6.69%) Foreign Exchange (FX)
26 340 (6.58%) JIRA
27 336 (6.50%) Node.js
28 333 (6.44%) REST
29 332 (6.42%) Unix
30 326 (6.31%) Continuous Integration

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
1 164 (3.17%) Confluence
2 124 (2.40%) Apache
3 105 (2.03%) Apache Spark
4 67 (1.30%) IIS
5 66 (1.28%) WebSphere
6 58 (1.12%) Mule
7 55 (1.06%) SharePoint
8 53 (1.03%) JBoss
9 43 (0.83%) Tomcat
9 43 (0.83%) WebLogic
10 40 (0.77%) Elasticsearch
11 39 (0.75%) Cloud Foundry
12 31 (0.60%) CMS
12 31 (0.60%) Oracle Coherence
13 29 (0.56%) Oracle SOA Suite
14 24 (0.46%) SAS
15 20 (0.39%) MS Exchange
16 15 (0.29%) Skype for Business
17 14 (0.27%) WebSphere Application Server
18 13 (0.25%) SharePoint 2013
Applications
1 174 (3.37%) Microsoft Excel
2 97 (1.88%) Microsoft Office
3 58 (1.12%) Microsoft PowerPoint
4 39 (0.75%) MS Visio
5 26 (0.50%) Spreadsheet
6 23 (0.44%) Microsoft Project
7 18 (0.35%) InVision
8 12 (0.23%) Chatbot
9 9 (0.17%) Photoshop
10 8 (0.15%) Adobe Illustrator
11 4 (0.077%) InfoPath
12 3 (0.058%) Acrobat
13 1 (0.019%) Adobe Creative Suite
13 1 (0.019%) Adobe Premiere
13 1 (0.019%) Blender
13 1 (0.019%) InDesign
13 1 (0.019%) LaTeX
13 1 (0.019%) OmniGraffle
13 1 (0.019%) SPSS
Business Applications
1 40 (0.77%) Dynamics CRM
2 20 (0.39%) Actimize
3 10 (0.19%) PeopleSoft HRMS
3 10 (0.19%) Temenos T24
4 9 (0.17%) PeopleSoft HCM
5 8 (0.15%) ION MarketView
6 7 (0.14%) Distributed Ledger
6 7 (0.14%) Dynamics AX
6 7 (0.14%) Endur
7 6 (0.12%) Oracle Cash Management
7 6 (0.12%) Oracle General Ledger
7 6 (0.12%) Salesforce.com CRM
8 5 (0.097%) Oracle EBS R12
8 5 (0.097%) Oracle Financials
8 5 (0.097%) Oracle Payables
9 4 (0.077%) Eikon
9 4 (0.077%) Markit EDM
9 4 (0.077%) Oracle EBS
9 4 (0.077%) Oracle ERP
9 4 (0.077%) SAP HR
Cloud Services
1 477 (9.23%) Amazon AWS
2 311 (6.02%) Microsoft Azure
3 141 (2.73%) Google Cloud Platform
4 90 (1.74%) Office 365
5 81 (1.57%) SaaS
6 78 (1.51%) GitHub
7 71 (1.37%) PaaS
8 62 (1.20%) Serverless
9 54 (1.04%) Apigee
10 50 (0.97%) Cloud Computing
10 50 (0.97%) IaaS
11 46 (0.89%) AWS CloudFormation
12 32 (0.62%) OpenShift
13 28 (0.54%) npm
14 23 (0.44%) AWS Lambda
14 23 (0.44%) IBM Cloud
15 22 (0.43%) Azure Functions
15 22 (0.43%) Dynamics 365
16 19 (0.37%) Azure Active Directory
16 19 (0.37%) Azure Data Factory
Communications & Networking
1 85 (1.64%) Firewall
2 58 (1.12%) Internet
3 34 (0.66%) HTTP
4 32 (0.62%) TCP/IP
5 30 (0.58%) WAN
6 29 (0.56%) SSL
7 28 (0.54%) Network Security
8 27 (0.52%) DNS
9 26 (0.50%) SAN
10 25 (0.48%) LAN
11 22 (0.43%) BGP
12 20 (0.39%) Skype
13 17 (0.33%) Cisco Nexus
14 16 (0.31%) Cisco ASA
15 15 (0.29%) FTP
15 15 (0.29%) Kerberos
15 15 (0.29%) Multicast
15 15 (0.29%) OSPF
15 15 (0.29%) VPN
16 14 (0.27%) DMZ
Database & Business Intelligence
1 442 (8.55%) SQL Server
2 200 (3.87%) Relational Database
3 190 (3.68%) NoSQL
4 182 (3.52%) MongoDB
5 168 (3.25%) Data Warehouse
6 149 (2.88%) Big Data
7 140 (2.71%) Hadoop
8 103 (1.99%) SQL Server Integration Services
9 83 (1.61%) RDBMS
10 81 (1.57%) Oracle Database
11 72 (1.39%) Apache Cassandra
12 68 (1.32%) SQL Server Reporting Services
13 47 (0.91%) Apache Hive
14 46 (0.89%) Data Lake
15 44 (0.85%) MySQL
16 39 (0.75%) KDB
17 37 (0.72%) Power BI
18 36 (0.70%) SQL Server 2014
19 34 (0.66%) SQL Server 2008
20 30 (0.58%) HBase
Development Applications
1 432 (8.36%) Jenkins
2 340 (6.58%) JIRA
3 241 (4.66%) Maven
4 218 (4.22%) Git (software)
5 146 (2.82%) Selenium
6 136 (2.63%) Cucumber
7 116 (2.24%) TeamCity
8 113 (2.19%) Atlassian Bamboo
9 110 (2.13%) Subversion
10 103 (1.99%) Bitbucket
11 98 (1.90%) JUnit
12 80 (1.55%) Gradle
13 54 (1.04%) Sonatype Nexus
14 53 (1.03%) Hudson
15 52 (1.01%) Artifactory
16 39 (0.75%) Ant
16 39 (0.75%) Mockito
16 39 (0.75%) WebDriver
17 36 (0.70%) Visual Studio
18 34 (0.66%) JMeter
General
1 2,581 (49.93%) Finance
2 1,185 (22.93%) Investment Banking
3 725 (14.03%) Front Office
4 275 (5.32%) Retail Banking
5 196 (3.79%) Financial Institution
6 122 (2.36%) Retail
7 88 (1.70%) Back Office
8 80 (1.55%) Private Banking
9 70 (1.35%) Legal
10 56 (1.08%) Marketing
11 50 (0.97%) Law
12 48 (0.93%) Corporate Banking
13 44 (0.85%) Games
14 36 (0.70%) Telecoms
15 29 (0.56%) Advertising
16 22 (0.43%) International Banking
17 20 (0.39%) Wholesale Banking
18 15 (0.29%) Billing
18 15 (0.29%) Publishing
19 14 (0.27%) General Ledger
Job Titles
1 1,856 (35.91%) Developer
2 742 (14.35%) Analyst
3 716 (13.85%) Java Developer
4 416 (8.05%) Architect
5 373 (7.22%) Business Analyst
6 294 (5.69%) Senior Developer
7 279 (5.40%) C# Developer
8 271 (5.24%) Project Manager
9 242 (4.68%) Banking Analyst
10 226 (4.37%) DevOps Engineer
11 175 (3.39%) Full Stack Developer
12 159 (3.08%) Python Developer
13 149 (2.88%) Consultant
14 129 (2.50%) Front Office Developer
15 128 (2.48%) SQL Developer
16 126 (2.44%) Senior Java Developer
17 118 (2.28%) .NET Developer
18 116 (2.24%) Solutions Architect
19 110 (2.13%) Banking Business Analyst
20 103 (1.99%) React Developer
Libraries, Frameworks & Software Standards
1 420 (8.13%) .NET
2 398 (7.70%) Spring
3 336 (6.50%) Node.js
4 333 (6.44%) REST
5 321 (6.21%) HTML
6 313 (6.06%) AngularJS
7 307 (5.94%) React
8 297 (5.75%) Web Services
9 212 (4.10%) CSS
10 205 (3.97%) HTML5
11 198 (3.83%) RESTful
12 183 (3.54%) Spring Boot
13 179 (3.46%) Middleware
14 143 (2.77%) XML
15 116 (2.24%) WPF
16 108 (2.09%) J2EE
17 107 (2.07%) ASP.NET
18 103 (1.99%) Hibernate
18 103 (1.99%) Kafka
19 101 (1.95%) JSON
Miscellaneous
1 346 (6.69%) Foreign Exchange (FX)
2 322 (6.23%) Greenfield Project
3 300 (5.80%) Analytical Skills
4 272 (5.26%) Fixed Income
5 263 (5.09%) Derivative
6 212 (4.10%) Fintech
7 178 (3.44%) Equities
8 173 (3.35%) User Experience
9 109 (2.11%) Credit Risk
10 99 (1.92%) Self-Motivation
11 96 (1.86%) Mobile App
12 93 (1.80%) Hedge funds
13 81 (1.57%) Market Risk
14 74 (1.43%) Enterprise Software
15 70 (1.35%) Data Centre
16 66 (1.28%) Online Banking
17 56 (1.08%) SWIFT
18 55 (1.06%) Virtual Team
19 52 (1.01%) Algorithms
20 51 (0.99%) iPad
Operating Systems
1 428 (8.28%) Linux
2 393 (7.60%) Windows
3 332 (6.42%) Unix
4 101 (1.95%) Apple iOS
4 101 (1.95%) Windows Server
5 84 (1.63%) Red Hat Enterprise Linux
6 81 (1.57%) Android
7 65 (1.26%) Windows 10
8 64 (1.24%) Windows 7
9 51 (0.99%) Windows Server 2012
10 30 (0.58%) Solaris
11 24 (0.46%) Windows Server 2008
12 12 (0.23%) Mac OS
13 5 (0.097%) Data ONTAP
13 5 (0.097%) Mac OS X
13 5 (0.097%) Windows Server 2003
13 5 (0.097%) Windows XP
14 4 (0.077%) Amazon Linux
14 4 (0.077%) Ubuntu
14 4 (0.077%) zOS
Processes & Methodologies
1 1,713 (33.14%) Agile Software Development
2 645 (12.48%) DevOps
3 495 (9.58%) Microservices
4 445 (8.61%) TDD
5 392 (7.58%) Test Automation
6 385 (7.45%) Stakeholder Management
7 347 (6.71%) Scrum
8 326 (6.31%) Continuous Integration
9 297 (5.75%) Analytics
10 295 (5.71%) BDD
11 293 (5.67%) SDLC
12 288 (5.57%) Multithreading
13 278 (5.38%) Project Management
14 267 (5.17%) Migration
15 263 (5.09%) Problem-Solving
16 248 (4.80%) Business Analysis
17 221 (4.28%) Software Engineering
18 207 (4.00%) User Acceptance Testing
19 203 (3.93%) OO
20 193 (3.73%) Asset Management
Programming Languages
1 1,356 (26.23%) Java
2 864 (16.72%) SQL
3 572 (11.07%) Python
4 548 (10.60%) JavaScript
5 488 (9.44%) C#
6 231 (4.47%) Java 8
7 181 (3.50%) C++
8 156 (3.02%) PowerShell
9 123 (2.38%) Scala
10 105 (2.03%) T-SQL
11 103 (1.99%) PL/SQL
12 100 (1.93%) Perl
13 92 (1.78%) VBA
14 82 (1.59%) TypeScript
15 78 (1.51%) Shell Script
16 75 (1.45%) Bash Shell
17 69 (1.33%) C
18 68 (1.32%) R
19 58 (1.12%) Ruby
20 57 (1.10%) Kotlin
Qualifications
1 217 (4.20%) Degree
2 52 (1.01%) Computer Science Degree
3 50 (0.97%) CISSP
4 40 (0.77%) AWS Certification
4 40 (0.77%) ISEB
5 32 (0.62%) Cisco Certification
5 32 (0.62%) PhD
6 29 (0.56%) ISTQB
7 27 (0.52%) Security Cleared
8 26 (0.50%) ITIL Certification
8 26 (0.50%) PRINCE2 Certification
9 25 (0.48%) CCNP
10 24 (0.46%) Numerate Degree
11 21 (0.41%) CISM
12 20 (0.39%) Master's Degree
13 17 (0.33%) CCIE
14 16 (0.31%) CISA
14 16 (0.31%) Microsoft Certification
15 14 (0.27%) GIAC
15 14 (0.27%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 243 (4.70%) QA
2 140 (2.71%) PSD2
3 75 (1.45%) PMO
4 49 (0.95%) MiFID
5 45 (0.87%) Data Quality
6 37 (0.72%) IFRS
7 35 (0.68%) IFRS 9
8 32 (0.62%) GDPR
9 30 (0.58%) SLA
10 29 (0.56%) SEPA
11 20 (0.39%) Basel III
11 20 (0.39%) EMIR
12 14 (0.27%) Dodd-Frank
13 13 (0.25%) ISO/IEC 27001
14 10 (0.19%) PCI DSS
15 5 (0.097%) COBIT
16 4 (0.077%) COREP
16 4 (0.077%) FINREP
16 4 (0.077%) Sarbanes-Oxley
16 4 (0.077%) TARGET2
System Software
1 297 (5.75%) Docker
2 130 (2.51%) Active Directory
3 66 (1.28%) VMware Infrastructure
4 21 (0.41%) OpenAM
4 21 (0.41%) Virtual Machines
4 21 (0.41%) vSphere
4 21 (0.41%) XenApp
4 21 (0.41%) XenDesktop
5 18 (0.35%) HDFS
6 16 (0.31%) VMware ESXi
7 13 (0.25%) Virtual Desktop
8 8 (0.15%) OpenDJ
9 7 (0.14%) Hyper-V
10 6 (0.12%) Apache ZooKeeper
10 6 (0.12%) Oracle RAC
10 6 (0.12%) Veritas Cluster Server
11 5 (0.097%) LXC
11 5 (0.097%) Microsoft App-V
12 4 (0.077%) OpenIDM
12 4 (0.077%) ProxySG
Systems Management
1 243 (4.70%) Kubernetes
2 198 (3.83%) Ansible
3 125 (2.42%) Terraform
4 116 (2.24%) Puppet
5 99 (1.92%) Opscode Chef
6 53 (1.03%) SCCM
7 36 (0.70%) HP Quality Center
8 27 (0.52%) Single Sign-On
9 21 (0.41%) Control-M
9 21 (0.41%) Rancher
10 17 (0.33%) ITRS Geneos
11 16 (0.31%) Kibana
12 15 (0.29%) HP ALM
12 15 (0.29%) Nagios
12 15 (0.29%) Tivoli
13 12 (0.23%) IBM BigFix
13 12 (0.23%) Oozie
14 11 (0.21%) linkerd
15 10 (0.19%) Hadoop YARN
15 10 (0.19%) Prometheus
Vendors
1 422 (8.16%) Oracle
2 355 (6.87%) Microsoft
3 147 (2.84%) Google
4 132 (2.55%) IBM
5 112 (2.17%) Splunk
6 109 (2.11%) VMware
7 85 (1.64%) Citrix
7 85 (1.64%) Sybase
8 80 (1.55%) Red Hat
9 77 (1.49%) Cisco
10 73 (1.41%) HP
11 59 (1.14%) SAP
12 54 (1.04%) Murex
13 53 (1.03%) MuleSoft
14 48 (0.93%) Tableau
15 45 (0.87%) ServiceNow
15 45 (0.87%) TIBCO
16 44 (0.85%) Bloomberg
17 41 (0.79%) Apple
17 41 (0.79%) Atlassian