Financial Institution Contracts in London

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 3 months to 22 June 2017 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
Location	3 months to 22 Jun 2017	Same period 2016	Same period 2015
Rank	165	176	208
Rank change year-on-year	+11	+32
Contract jobs citing Financial Institution	314	306	254
As % of all contract IT jobs advertised in London	1.51%	1.41%	1.08%
As % of the General category	3.31%	3.19%	2.33%
Number of daily rates quoted	209	192	190
Median daily rate	£550	£525	£475
Median daily rate % change year-on-year	+4.76%	+10.52%
90% offered a daily rate of more than	£400	£400	£350
10% offered a daily rate of more than	£678	£638	£625
UK excluding London median daily rate	£475	£438	£398
% change year-on-year	+8.57%	+10.06%
Number of hourly rates quoted	3	0	0
Median hourly rate	£23.00	-	-
UK excluding London median hourly rate	-	£10.44	£10.45
% change year-on-year	-	-0.11%

Financial Institution is in the common skills category. The next 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.

General Skills London
Contract job vacancies with a requirement for common skills	9491	9598	10879
As % of all contract IT job vacancies advertised in London	45.78%	44.21%	46.37%
Number of daily rates quoted	6810	7090	7846
Median daily rate	£525	£500	£475
Median daily rate % change year-on-year	+5.00%	+5.26%
90% offered a daily rate of more than	£350	£320	£300
10% offered a daily rate of more than	£650	£650	£650
UK excluding London median daily rate	£413	£400	£400
% change year-on-year	+3.12%	-
Number of hourly rates quoted	88	106	118
Median hourly rate	£22.50	£22.27	£22.83
Median hourly rate % change year-on-year	+1.05%	-2.47%
90% offered a hourly rate of more than	£14.40	£10.03	£11.00
10% offered a hourly rate of more than	£45.00	£45.25	£52.19
UK excluding London median hourly rate	£30.00	£25.00	£22.50
% change year-on-year	+20.00%	+11.11%

Financial Institution
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Financial Institution in London

Financial Institution
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in London.

Contractor daily rate trend for Financial Institution in London

Financial Institution
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Financial Institution in London over the 3 months to 22 June 2017.

Contractor daily rate histogram for Financial Institution in London

Financial Institution
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Institution in London.

Contractor hourly rate trend 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 3 months to 22 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location	Rank Change on Same Period Last Year	Matching Contract IT Job Ads	Median Daily Rate Last 3 Months	Median Daily Rate % Change on Same Period Last Year	Live Job Vacancies
City of London	-21	59	£550	+2.32%	38
Docklands, London	+2	6	£613	+22.50%
Bromley	+1	2	£475	-1.55%
Financial Institution England

Financial Institution
Top 30 Co-occurring IT Skills in London

For the 6 months to 22 June 2017, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Financial Institution.

1	539 (100.00%)	Finance
2	190 (35.25%)	Banking
3	135 (25.05%)	SQL
4	134 (24.86%)	Agile Software Development
5	120 (22.26%)	Java
6	84 (15.58%)	Oracle
6	84 (15.58%)	Microsoft
7	70 (12.99%)	Change Management
7	70 (12.99%)	Analytics
8	69 (12.80%)	Analytical Skills
9	57 (10.58%)	Risk Management
9	57 (10.58%)	Linux
10	56 (10.39%)	C#
11	54 (10.02%)	Investment Banking
12	53 (9.83%)	Front Office

12	53 (9.83%)	Stakeholder Management
13	50 (9.28%)	.NET
13	50 (9.28%)	Hedge funds
14	48 (8.91%)	Foreign Exchange (FX)
15	45 (8.35%)	Workflow
16	43 (7.98%)	DevOps
17	41 (7.61%)	Unix
18	40 (7.42%)	Degree
19	39 (7.24%)	Performance Management
20	38 (7.05%)	FIX Protocol
20	38 (7.05%)	Scrum
20	38 (7.05%)	Windows
21	35 (6.49%)	ITIL
21	35 (6.49%)	Project Management
22	34 (6.31%)	Derivative

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	13 (2.41%)	Apache Spark
2	12 (2.23%)	SharePoint
3	10 (1.86%)	Oracle Workflow
4	9 (1.67%)	CMS
5	7 (1.30%)	Apache
5	7 (1.30%)	WebSphere
6	4 (0.74%)	Apache Solr
6	4 (0.74%)	DataSynapse
6	4 (0.74%)	SAS
7	3 (0.56%)	IIS
7	3 (0.56%)	Oracle Coherence
7	3 (0.56%)	Oracle HTTP Server
8	2 (0.37%)	Apache Pig
8	2 (0.37%)	Confluence
9	1 (0.19%)	Cloud Foundry
9	1 (0.19%)	Ethereum
9	1 (0.19%)	JBoss
9	1 (0.19%)	Oracle SOA Suite
9	1 (0.19%)	SAP EP
9	1 (0.19%)	Skype for Business

Applications
1	23 (4.27%)	Microsoft Excel
2	21 (3.90%)	Microsoft Office
3	16 (2.97%)	Microsoft PowerPoint
4	6 (1.11%)	Adobe Illustrator
4	6 (1.11%)	Photoshop
5	5 (0.93%)	Microsoft Project
5	5 (0.93%)	MS Visio
6	3 (0.56%)	Spreadsheet
6	3 (0.56%)	SPSS
7	1 (0.19%)	Adobe Creative Suite

Business Applications
1	8 (1.48%)	SimCorp Dimension
2	6 (1.11%)	Dynamics CRM
3	2 (0.37%)	ION MarketView
3	2 (0.37%)	Oracle Utilities
3	2 (0.37%)	Temenos T24
4	1 (0.19%)	Dynamics NAV
4	1 (0.19%)	Loan IQ
4	1 (0.19%)	Markit EDM
4	1 (0.19%)	Oracle Receivables
4	1 (0.19%)	SAP Oil and Gas
4	1 (0.19%)	SAP R/3
4	1 (0.19%)	Summit
4	1 (0.19%)	Temenos Globus

Cloud Services
1	16 (2.97%)	Microsoft Azure
2	15 (2.78%)	Amazon AWS
3	12 (2.23%)	PaaS
4	9 (1.67%)	OpenShift
5	6 (1.11%)	Adobe Creative Cloud
6	3 (0.56%)	Google Cloud Platform
6	3 (0.56%)	IaaS
6	3 (0.56%)	Office 365
7	2 (0.37%)	AWS CloudFormation
7	2 (0.37%)	AWS Lambda
7	2 (0.37%)	Cloud Computing
7	2 (0.37%)	GitHub
7	2 (0.37%)	SaaS
8	1 (0.19%)	Bluemix
8	1 (0.19%)	IBM Cloud
8	1 (0.19%)	Loggly
8	1 (0.19%)	Salesforce Sales Cloud
8	1 (0.19%)	Salesforce Service Cloud
8	1 (0.19%)	SoftLayer

Communications & Networking
1	11 (2.04%)	Firewall
1	11 (2.04%)	HTTP
2	7 (1.30%)	FTP
3	6 (1.11%)	Internet
3	6 (1.11%)	SSL
4	4 (0.74%)	HTTPS
4	4 (0.74%)	Network Security
4	4 (0.74%)	OSPF
4	4 (0.74%)	SAN
5	3 (0.56%)	Cisco IOS
5	3 (0.56%)	DNS
5	3 (0.56%)	LAN
5	3 (0.56%)	TCP/IP
5	3 (0.56%)	VPN
5	3 (0.56%)	Wireless
6	2 (0.37%)	BGP
6	2 (0.37%)	DHCP
6	2 (0.37%)	DMZ
6	2 (0.37%)	VoIP
6	2 (0.37%)	WAN

Database & Business Intelligence
1	29 (5.38%)	Relational Database
1	29 (5.38%)	SQL Server
2	16 (2.97%)	Big Data
3	12 (2.23%)	Hadoop
3	12 (2.23%)	SQL Server Reporting Services
4	11 (2.04%)	Data Warehouse
4	11 (2.04%)	SQL Server Integration Services
5	9 (1.67%)	Oracle Database
6	8 (1.48%)	DB2
6	8 (1.48%)	Squirro
7	7 (1.30%)	Blockchain
7	7 (1.30%)	Siebel EIM
8	6 (1.11%)	SQL Server 2012
9	5 (0.93%)	MongoDB
9	5 (0.93%)	QlikView
10	4 (0.74%)	Apache Hive
10	4 (0.74%)	BusinessObjects
10	4 (0.74%)	Data Mart
10	4 (0.74%)	IBM InfoSphere
10	4 (0.74%)	Oracle Reports

Development Applications
1	27 (5.01%)	Git (software)
2	22 (4.08%)	Subversion
3	17 (3.15%)	Maven
3	17 (3.15%)	TeamCity
4	15 (2.78%)	JIRA
4	15 (2.78%)	Sonatype Nexus
5	13 (2.41%)	Team Foundation Server
6	8 (1.48%)	NUnit
7	5 (0.93%)	Jenkins
7	5 (0.93%)	Visual Studio
8	4 (0.74%)	ClearCase
8	4 (0.74%)	CruiseControl
8	4 (0.74%)	ERwin
8	4 (0.74%)	PowerDesigner
8	4 (0.74%)	Talend Open Studio
9	3 (0.56%)	HP UFT
9	3 (0.56%)	JSUnit
9	3 (0.56%)	JUnit
9	3 (0.56%)	LoadRunner
9	3 (0.56%)	WiX

General
1	539 (100.00%)	Finance
2	190 (35.25%)	Banking
3	54 (10.02%)	Investment Banking
4	53 (9.83%)	Front Office
5	18 (3.34%)	Retail
6	12 (2.23%)	Marketing
7	11 (2.04%)	Back Office
7	11 (2.04%)	Legal
8	5 (0.93%)	Retail Banking
9	4 (0.74%)	Corporate Banking
9	4 (0.74%)	Telecoms
10	3 (0.56%)	Publishing
11	2 (0.37%)	Billing
11	2 (0.37%)	Law
12	1 (0.19%)	Advertising
12	1 (0.19%)	Electronics
12	1 (0.19%)	General Ledger
12	1 (0.19%)	Mandarin Language
12	1 (0.19%)	Manufacturing
12	1 (0.19%)	Private Banking

Job Titles
1	168 (31.17%)	Developer
2	92 (17.07%)	Analyst
3	47 (8.72%)	Java Developer
4	42 (7.79%)	C# Developer
5	41 (7.61%)	Business Analyst
6	35 (6.49%)	Consultant
7	33 (6.12%)	.NET Developer
7	33 (6.12%)	Project Manager
8	32 (5.94%)	C# .NET Developer
9	29 (5.38%)	ASP.NET MVC Developer
10	28 (5.19%)	Architect
11	24 (4.45%)	Applications Engineer
11	24 (4.45%)	Monitoring Engineer
11	24 (4.45%)	Performance Engineer
12	19 (3.53%)	Financial Analyst
13	18 (3.34%)	Service Analyst
13	18 (3.34%)	SQL Developer
13	18 (3.34%)	Test Manager
14	13 (2.41%)	Data Analyst
14	13 (2.41%)	Test Analyst

Libraries, Frameworks & Software Standards
1	50 (9.28%)	.NET
2	38 (7.05%)	FIX Protocol
3	24 (4.45%)	HTML
3	24 (4.45%)	JMS
4	22 (4.08%)	CSS
5	20 (3.71%)	Web Services
6	19 (3.53%)	J2EE
6	19 (3.53%)	RESTful
7	17 (3.15%)	HTML5
8	16 (2.97%)	XML
9	15 (2.78%)	Ultra Messaging
10	11 (2.04%)	AngularJS
11	10 (1.86%)	Spring
12	9 (1.67%)	Murex MxML
13	8 (1.48%)	Middleware
14	7 (1.30%)	Java EE
15	6 (1.11%)	ActiveMQ
15	6 (1.11%)	MAPI
15	6 (1.11%)	Node.js
15	6 (1.11%)	WebSphere MQ

Miscellaneous
1	69 (12.80%)	Analytical Skills
2	50 (9.28%)	Hedge funds
3	48 (8.91%)	Foreign Exchange (FX)
4	34 (6.31%)	Derivative
5	27 (5.01%)	Equities
5	27 (5.01%)	Fixed Income
5	27 (5.01%)	Management Information System
6	22 (4.08%)	Computer Science
7	20 (3.71%)	Market Risk
8	17 (3.15%)	Fintech
9	13 (2.41%)	Virtual Team
10	12 (2.23%)	User Experience
11	9 (1.67%)	Cloud Native
11	9 (1.67%)	Clustering
11	9 (1.67%)	SWIFT
12	8 (1.48%)	Data Centre
12	8 (1.48%)	Greenfield Project
13	7 (1.30%)	Credit Risk
13	7 (1.30%)	Mainframe
14	6 (1.11%)	N-Tier

Operating Systems
1	57 (10.58%)	Linux
2	41 (7.61%)	Unix
3	38 (7.05%)	Windows
4	7 (1.30%)	Android
4	7 (1.30%)	Red Hat Enterprise Linux
4	7 (1.30%)	Windows Server
5	6 (1.11%)	Apple iOS
6	3 (0.56%)	Solaris
7	2 (0.37%)	AIX
7	2 (0.37%)	Data ONTAP
7	2 (0.37%)	Oracle Linux
7	2 (0.37%)	Windows Server 2008
8	1 (0.19%)	Ubuntu
8	1 (0.19%)	Windows 10
8	1 (0.19%)	Windows 7
8	1 (0.19%)	Windows Server 2012

Processes & Methodologies
1	134 (24.86%)	Agile Software Development
2	70 (12.99%)	Analytics
2	70 (12.99%)	Change Management
3	57 (10.58%)	Risk Management
4	53 (9.83%)	Stakeholder Management
5	45 (8.35%)	Workflow
6	43 (7.98%)	DevOps
7	39 (7.24%)	Performance Management
8	38 (7.05%)	Scrum
9	35 (6.49%)	ITIL
9	35 (6.49%)	Project Management
10	31 (5.75%)	MVC
11	29 (5.38%)	Business Analysis
11	29 (5.38%)	Test Strategy
12	28 (5.19%)	PRINCE2
12	28 (5.19%)	SDLC
13	25 (4.64%)	Business Intelligence
13	25 (4.64%)	Migration
14	24 (4.45%)	Low Latency
15	23 (4.27%)	Mentoring

Programming Languages
1	135 (25.05%)	SQL
2	120 (22.26%)	Java
3	56 (10.39%)	C#
4	30 (5.57%)	Python
5	29 (5.38%)	Perl
6	23 (4.27%)	JavaScript
7	21 (3.90%)	Bash Shell
7	21 (3.90%)	C++
8	19 (3.53%)	VB
9	18 (3.34%)	Shell Script
10	14 (2.60%)	PowerShell
11	12 (2.23%)	R
12	9 (1.67%)	Scala
13	7 (1.30%)	STATISTICA Visual Basic
13	7 (1.30%)	T-SQL
14	6 (1.11%)	C
14	6 (1.11%)	PL/SQL
14	6 (1.11%)	Ruby
14	6 (1.11%)	VBA
15	3 (0.56%)	ES6

Qualifications
1	40 (7.42%)	Degree
2	14 (2.60%)	PRINCE2 Practitioner
3	11 (2.04%)	Computer Science Degree
4	9 (1.67%)	Microsoft Certification
4	9 (1.67%)	PMI Certification
5	7 (1.30%)	Siebel Certification
6	5 (0.93%)	CFA
6	5 (0.93%)	Cisco Certification
6	5 (0.93%)	CISSP
7	4 (0.74%)	CISM
7	4 (0.74%)	MCSE
7	4 (0.74%)	PMP
8	3 (0.56%)	CCIE
8	3 (0.56%)	CCNP
8	3 (0.56%)	ISEB
8	3 (0.56%)	ITIL Certification
8	3 (0.56%)	Master's Degree
8	3 (0.56%)	MCITP
8	3 (0.56%)	MCTS
8	3 (0.56%)	Security Cleared

Quality Assurance & Compliance
1	34 (6.31%)	QA
2	24 (4.45%)	MiFID
3	15 (2.78%)	PMO
4	9 (1.67%)	EMIR
5	8 (1.48%)	Data Quality
6	7 (1.30%)	PCI DSS
7	6 (1.11%)	Dodd-Frank
8	4 (0.74%)	GDPR
8	4 (0.74%)	ISO 20022
8	4 (0.74%)	ISO/IEC 27001
9	3 (0.56%)	Cyber Essentials
9	3 (0.56%)	SLA
10	2 (0.37%)	Actionable Recommendations
10	2 (0.37%)	Basel III
10	2 (0.37%)	COBIT
10	2 (0.37%)	ISAE 3402
10	2 (0.37%)	ISO/IEC 27002 (supersedes ISO/IEC 17799)
10	2 (0.37%)	ISO/IEC 27005
11	1 (0.19%)	IFRS
11	1 (0.19%)	IFRS 9

System Software
1	12 (2.23%)	Active Directory
1	12 (2.23%)	Docker
2	6 (1.11%)	VMware Infrastructure
3	3 (0.56%)	Apache ZooKeeper
3	3 (0.56%)	vSphere
4	2 (0.37%)	Apache Flume
4	2 (0.37%)	GFS2
4	2 (0.37%)	GlusterFS
4	2 (0.37%)	NFS
4	2 (0.37%)	OCFS2
4	2 (0.37%)	Time Sharing Option
4	2 (0.37%)	Virtual Machines
4	2 (0.37%)	XenDesktop
5	1 (0.19%)	DFS Replication
5	1 (0.19%)	HDFS
5	1 (0.19%)	Hyper-V
5	1 (0.19%)	Microsoft App-V
5	1 (0.19%)	Squid
5	1 (0.19%)	Tivoli Workload Scheduler
5	1 (0.19%)	XenApp

Systems Management
1	12 (2.23%)	Puppet
2	9 (1.67%)	Ansible
2	9 (1.67%)	SCCM
3	3 (0.56%)	HP SiteScope
3	3 (0.56%)	Kubernetes
3	3 (0.56%)	Opscode Chef
3	3 (0.56%)	SCOM
4	2 (0.37%)	CFEngine
4	2 (0.37%)	Failover Clustering
4	2 (0.37%)	NetApp OnCommand
4	2 (0.37%)	Red Hat Satellite
4	2 (0.37%)	SELinux
4	2 (0.37%)	Tivoli
4	2 (0.37%)	vCenter Server
5	1 (0.19%)	CA Single Sign-On
5	1 (0.19%)	Cisco UCCX
5	1 (0.19%)	logstash
5	1 (0.19%)	Oracle RMAN
5	1 (0.19%)	RSA Archer
5	1 (0.19%)	Terraform

Vendors
1	84 (15.58%)	Microsoft
1	84 (15.58%)	Oracle
2	33 (6.12%)	Sybase
3	25 (4.64%)	AppDynamics
4	24 (4.45%)	TIBCO
5	15 (2.78%)	Currenex
5	15 (2.78%)	Murex
6	14 (2.60%)	Splunk
7	13 (2.41%)	HP
8	11 (2.04%)	New Relic
9	10 (1.86%)	Siebel
10	9 (1.67%)	Cisco
10	9 (1.67%)	Informatica
10	9 (1.67%)	Tableau
10	9 (1.67%)	VMware
11	8 (1.48%)	Citrix
11	8 (1.48%)	IBM
11	8 (1.48%)	SimCorp
12	7 (1.30%)	Adobe
12	7 (1.30%)	ServiceNow