Period
to 8 August 2020

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 8 August 2020 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.

Financial Institution
England > London
6 months to
8 Aug 2020
Same period 2019 Same period 2018
Rank 262 190 239
Rank change year-on-year -72 +49 -43
Contract jobs citing Financial Institution 117 554 531
As % of all contract jobs advertised in London 0.77% 1.38% 1.16%
As % of the General category 1.57% 3.05% 2.46%
Number of daily rates quoted 81 390 292
Median daily rate £525 £550 £550
Median daily rate % change year-on-year -4.55% - -
10th Percentile £413 £381 £396
90th Percentile £660 £700 £724
England median daily rate £506 £550 £550
% change year-on-year -7.95% - -
Number of hourly rates quoted 4 0 10
Median hourly rate £28.50 - £18.70
England median hourly rate £21.00 £10.00 £18.70
% change year-on-year +110.00% -46.52% -18.70%

Financial Institution 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 7,431 18,153 21,553
As % of all contract IT jobs advertised in London 48.63% 45.35% 47.09%
Number of daily rates quoted 5,089 12,659 15,402
Median daily rate £525 £525 £525
10th Percentile £335 £340 £320
90th Percentile £750 £713 £700
England median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 154 196 248
Median hourly rate £35.00 £21.75 £24.29
Median hourly rate % change year-on-year +60.92% -10.46% +14.31%
10th Percentile £17.64 £13.00 £15.00
90th Percentile £59.68 £52.50 £49.13
Median hourly rate £31.39 £23.07 £22.93
% change year-on-year +36.09% +0.59% +4.70%

Financial Institution
Job Vacancy Trend in London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in London.

Job vacancy trend for Financial Institution in London

Financial Institution
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Financial Institution in London.

Daily rate trend for Financial Institution in London

Financial Institution
Daily Rate Histogram in London

Daily rate distribution for jobs citing Financial Institution in London over the 6 months to 8 August 2020.

Daily rate histogram for Financial Institution in London

Financial Institution
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Financial Institution in London.

Hourly rate trend for Financial Institution in London

Financial Institution
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Financial Institution in London over the 6 months to 8 August 2020.

Hourly rate histogram for Financial Institution in London

Financial Institution
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 Financial Institution within the London region over the 6 months to 8 August 2020. 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 +57 31 £538 -2.27% 10
East London +35 1 £700 +16.67% 2
South London - 1 £700 - 1
Financial Institution
England

For the 6 months to 8 August 2020, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 117 (100.00%) Finance
2 42 (35.90%) Banking
3 39 (33.33%) Java
4 32 (27.35%) Agile Software Development
5 28 (23.93%) SQL
6 21 (17.95%) Python
7 20 (17.09%) Git (software)
8 19 (16.24%) Spring
9 17 (14.53%) Java 8
10 15 (12.82%) Investment Banking
10 15 (12.82%) Computer Science
11 14 (11.97%) Microsoft
11 14 (11.97%) Analytical Skills
11 14 (11.97%) Azure
11 14 (11.97%) Jenkins
12 13 (11.11%) DevOps
12 13 (11.11%) Kubernetes
12 13 (11.11%) Microservices
12 13 (11.11%) Degree
12 13 (11.11%) TDD
13 12 (10.26%) Software Engineering
13 12 (10.26%) Test Automation
14 11 (9.40%) PowerShell
14 11 (9.40%) Multithreading
14 11 (9.40%) Windows
15 10 (8.55%) JavaScript
15 10 (8.55%) Front Office
15 10 (8.55%) AWS
15 10 (8.55%) REST
15 10 (8.55%) Ansible

Financial Institution
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 6 (5.13%) Apache Spark
2 4 (3.42%) Confluence
3 2 (1.71%) Elasticsearch
3 2 (1.71%) IIS
3 2 (1.71%) SAS
3 2 (1.71%) WebLogic
4 1 (0.85%) Anypoint
4 1 (0.85%) MTS
4 1 (0.85%) nginx
4 1 (0.85%) SharePoint
Applications
1 6 (5.13%) Microsoft Excel
2 1 (0.85%) Acrobat
2 1 (0.85%) Adobe Creative Suite
2 1 (0.85%) Adobe Illustrator
2 1 (0.85%) Blender
2 1 (0.85%) InDesign
2 1 (0.85%) Microsoft Office
2 1 (0.85%) Microsoft PowerPoint
2 1 (0.85%) Microsoft Project
2 1 (0.85%) Photoshop
Business Applications
1 1 (0.85%) Front Arena
1 1 (0.85%) SAP ERP
1 1 (0.85%) SAP S/4HANA
Cloud Services
1 14 (11.97%) Azure
2 10 (8.55%) AWS
3 7 (5.98%) GCP
4 4 (3.42%) Office 365
4 4 (3.42%) PaaS
5 3 (2.56%) GitHub
5 3 (2.56%) Power Platform
5 3 (2.56%) Slack
6 2 (1.71%) Azure Active Directory
6 2 (1.71%) OpenShift
6 2 (1.71%) SaaS
7 1 (0.85%) IaaS
7 1 (0.85%) Salesforce Sales Cloud
7 1 (0.85%) Stackdriver
7 1 (0.85%) SuccessFactors
Communications & Networking
1 5 (4.27%) HTTPS
1 5 (4.27%) SSL
2 4 (3.42%) FTP
3 3 (2.56%) DNS
3 3 (2.56%) Firewall
4 2 (1.71%) Cisco IOS
4 2 (1.71%) FIX Connectivity
4 2 (1.71%) LAN
4 2 (1.71%) SAN
4 2 (1.71%) TCP/IP
4 2 (1.71%) WAN
5 1 (0.85%) BGP
5 1 (0.85%) Cisco ASA
5 1 (0.85%) DHCP
5 1 (0.85%) IPsec
5 1 (0.85%) NetScaler
5 1 (0.85%) OSPF
5 1 (0.85%) VPN
Database & Business Intelligence
1 7 (5.98%) SQL Server
2 5 (4.27%) NoSQL
3 4 (3.42%) Oracle Database
4 3 (2.56%) MongoDB
4 3 (2.56%) Power BI
4 3 (2.56%) Relational Database
4 3 (2.56%) SQLPlus
5 2 (1.71%) Big Data
5 2 (1.71%) Data Warehouse
5 2 (1.71%) Hadoop
5 2 (1.71%) KDB
5 2 (1.71%) MS Access
5 2 (1.71%) Oracle Reports
5 2 (1.71%) PostgreSQL
6 1 (0.85%) Apache Hive
6 1 (0.85%) Cosmos DB
6 1 (0.85%) Impala
6 1 (0.85%) Qlik Sense
6 1 (0.85%) SQL Server 2012
6 1 (0.85%) SQL Server 2016
Development Applications
1 20 (17.09%) Git (software)
2 14 (11.97%) Jenkins
3 9 (7.69%) JIRA
4 6 (5.13%) Maven
5 5 (4.27%) Vagrant
6 4 (3.42%) Subversion
7 3 (2.56%) CocoaPods
7 3 (2.56%) Gradle
7 3 (2.56%) Sonatype Nexus
7 3 (2.56%) TeamCity
7 3 (2.56%) Xcode
8 2 (1.71%) Team Foundation Server
8 2 (1.71%) webpack
9 1 (0.85%) Eclipse
9 1 (0.85%) GitLab
9 1 (0.85%) IntelliJ
9 1 (0.85%) Mercurial
9 1 (0.85%) Octopus Deploy
9 1 (0.85%) RStudio
General
1 117 (100.00%) Finance
2 42 (35.90%) Banking
3 15 (12.82%) Investment Banking
4 10 (8.55%) Front Office
5 5 (4.27%) French Language
6 3 (2.56%) Back Office
7 2 (1.71%) Legal
7 2 (1.71%) Retail Banking
8 1 (0.85%) Billing
8 1 (0.85%) International Banking
8 1 (0.85%) Marketing
Job Titles
1 56 (47.86%) Developer
2 27 (23.08%) Java Developer
3 14 (11.97%) Analyst
3 14 (11.97%) Senior Developer
4 9 (7.69%) Senior Java Developer
5 7 (5.98%) Full Stack Developer
5 7 (5.98%) Network Engineer
6 6 (5.13%) Angular Developer
7 5 (4.27%) C# Developer
7 5 (4.27%) Consultant
8 4 (3.42%) Administrator
8 4 (3.42%) DevOps Engineer
8 4 (3.42%) IT Administrator
9 3 (2.56%) AWS Engineer
9 3 (2.56%) Front End Developer (Client-Side Developer)
9 3 (2.56%) iOS Developer
9 3 (2.56%) JavaScript Developer
9 3 (2.56%) Python Developer
9 3 (2.56%) Senior JavaScript Developer
9 3 (2.56%) Technical Manager
Libraries, Frameworks & Software Standards
1 19 (16.24%) Spring
2 10 (8.55%) REST
3 9 (7.69%) Kafka
3 9 (7.69%) RESTful
4 8 (6.84%) .NET
4 8 (6.84%) AngularJS
5 7 (5.98%) CSS
5 7 (5.98%) HTML
6 5 (4.27%) Guice
6 5 (4.27%) JAAS
6 5 (4.27%) Spring Boot
6 5 (4.27%) Spring Security
7 4 (3.42%) JSON
7 4 (3.42%) Middleware
7 4 (3.42%) Sass
8 3 (2.56%) LESS
8 3 (2.56%) Web Services
9 2 (1.71%) EDI
9 2 (1.71%) Hibernate
9 2 (1.71%) NHibernate
Miscellaneous
1 14 (11.97%) Analytical Skills
2 10 (8.55%) Mobile App
3 8 (6.84%) Fixed Income
4 7 (5.98%) Hedge funds
5 6 (5.13%) Derivative
6 5 (4.27%) Virtual Team
7 4 (3.42%) Analytical Mindset
7 4 (3.42%) User Experience
8 3 (2.56%) Data Centre
8 3 (2.56%) FMCG
8 3 (2.56%) Management Information System
8 3 (2.56%) Self-Motivation
9 2 (1.71%) Credit Risk
9 2 (1.71%) Fat Client
9 2 (1.71%) Greenfield Project
9 2 (1.71%) Mobile Banking
9 2 (1.71%) Thin Client
10 1 (0.85%) Algorithms
10 1 (0.85%) Cloud Native
10 1 (0.85%) Data Structures
Operating Systems
1 11 (9.40%) Windows
2 8 (6.84%) Linux
3 6 (5.13%) Unix
4 5 (4.27%) Windows 10
5 4 (3.42%) Android
5 4 (3.42%) Apple iOS
6 3 (2.56%) Windows Server
7 2 (1.71%) Windows 7
8 1 (0.85%) HPUX
8 1 (0.85%) Red Hat Enterprise Linux
8 1 (0.85%) Solaris
8 1 (0.85%) VMS
Processes & Methodologies
1 32 (27.35%) Agile Software Development
2 15 (12.82%) Computer Science
3 13 (11.11%) DevOps
3 13 (11.11%) Microservices
3 13 (11.11%) TDD
4 12 (10.26%) Software Engineering
4 12 (10.26%) Test Automation
5 11 (9.40%) Multithreading
6 8 (6.84%) Analytics
6 8 (6.84%) Integration Testing
6 8 (6.84%) Migration
6 8 (6.84%) SDLC
7 7 (5.98%) Change Management
7 7 (5.98%) Continuous Integration
7 7 (5.98%) Issue Tracking
7 7 (5.98%) Problem-Solving
7 7 (5.98%) Risk Management
7 7 (5.98%) Straight-Through Processing
7 7 (5.98%) User Acceptance Testing
8 6 (5.13%) OO
Programming Languages
1 39 (33.33%) Java
2 28 (23.93%) SQL
3 21 (17.95%) Python
4 17 (14.53%) Java 8
5 11 (9.40%) PowerShell
6 10 (8.55%) JavaScript
7 6 (5.13%) C#
7 6 (5.13%) Scala
8 5 (4.27%) Go
8 5 (4.27%) Kotlin
9 4 (3.42%) C++
10 3 (2.56%) Apple Swift
10 3 (2.56%) PL/SQL
10 3 (2.56%) VBA
11 2 (1.71%) R
11 2 (1.71%) TypeScript
11 2 (1.71%) VBScript
12 1 (0.85%) Java 9
12 1 (0.85%) VB
12 1 (0.85%) VB.NET
Qualifications
1 13 (11.11%) Degree
2 8 (6.84%) Computer Science Degree
3 4 (3.42%) CCNP
3 4 (3.42%) Cisco Certification
4 2 (1.71%) Microsoft Certification
4 2 (1.71%) PMI Certification
4 2 (1.71%) PMP
5 1 (0.85%) CCIE
5 1 (0.85%) CISA
5 1 (0.85%) CISSP
5 1 (0.85%) CSSLP
5 1 (0.85%) GCIA
5 1 (0.85%) GCIH
5 1 (0.85%) GIAC
5 1 (0.85%) GPEN
5 1 (0.85%) GSEC
5 1 (0.85%) MBA
5 1 (0.85%) MCSE
5 1 (0.85%) PhD
5 1 (0.85%) Security Cleared
Quality Assurance & Compliance
1 7 (5.98%) QA
2 5 (4.27%) PSD2
3 2 (1.71%) PMO
4 1 (0.85%) ISO 20022
4 1 (0.85%) ISO/IEC 27001
4 1 (0.85%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 1 (0.85%) MiFID
System Software
1 9 (7.69%) Docker
2 7 (5.98%) Active Directory
3 5 (4.27%) VMware Infrastructure
4 3 (2.56%) Virtual Machines
5 1 (0.85%) VMware ESXi
5 1 (0.85%) XenApp
Systems Management
1 13 (11.11%) Kubernetes
2 10 (8.55%) Ansible
3 5 (4.27%) Prometheus
3 5 (4.27%) Zipkin
4 4 (3.42%) Terraform
5 2 (1.71%) Control-M
5 2 (1.71%) Kibana
5 2 (1.71%) logstash
5 2 (1.71%) NetBackup
5 2 (1.71%) Tivoli
5 2 (1.71%) Tivoli Storage Manager
5 2 (1.71%) vRealize
6 1 (0.85%) Packer
6 1 (0.85%) SCCM
Vendors
1 14 (11.97%) Microsoft
2 8 (6.84%) Cisco
2 8 (6.84%) Oracle
2 8 (6.84%) Splunk
3 6 (5.13%) Tableau
4 5 (4.27%) VMware
5 4 (3.42%) F5
5 4 (3.42%) IBM
6 3 (2.56%) Bloomberg
6 3 (2.56%) Blue Coat
6 3 (2.56%) CheckPoint
6 3 (2.56%) MuleSoft
6 3 (2.56%) Riverbed
7 2 (1.71%) Brocade
7 2 (1.71%) Citrix
7 2 (1.71%) Murex
7 2 (1.71%) Reuters
7 2 (1.71%) SAP
7 2 (1.71%) Sybase
7 2 (1.71%) Veeam