Period
to 16 January 2021

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 16 January 2021 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
16 Jan 2021
Same period 2020 Same period 2019
Rank 235 295 216
Rank change year-on-year +60 -79 +20
Contract jobs citing Financial Institution 157 242 567
As % of all contract jobs advertised in London 0.91% 0.80% 1.28%
As % of the General category 1.91% 1.84% 2.72%
Number of daily rates quoted 127 169 350
Median daily rate £550 £525 £575
Median daily rate % change year-on-year +4.76% -8.70% +4.55%
10th Percentile £440 £363 £363
90th Percentile £685 £678 £738
England median daily rate £550 £500 £550
% change year-on-year +10.00% -9.09% +1.62%
Number of hourly rates quoted 1 5 7
Median hourly rate £22.00 £18.70 £18.70
Median hourly rate % change year-on-year +17.65% - -
England median hourly rate £12.73 £18.70 £18.70
% change year-on-year -31.95% - +17.91%

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 8,217 13,129 20,858
As % of all contract IT jobs advertised in London 47.54% 43.21% 46.94%
Number of daily rates quoted 5,984 9,428 14,991
Median daily rate £525 £525 £525
10th Percentile £325 £313 £313
90th Percentile £725 £713 £700
England median daily rate £500 £488 £488
% change year-on-year +2.56% - +2.63%
Number of hourly rates quoted 78 148 214
Median hourly rate £27.50 £21.75 £20.88
Median hourly rate % change year-on-year +26.44% +4.19% -4.68%
10th Percentile £12.76 £12.44 £13.00
90th Percentile £61.23 £52.50 £47.25
Median hourly rate £25.14 £20.00 £20.25
% change year-on-year +25.70% -1.21% -4.73%

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 16 January 2021.

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
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 16 January 2021. 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 +70 28 £575 +4.55% 14
Financial Institution
England

For the 6 months to 16 January 2021, 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.

1 157 (100.00%) Finance
2 54 (34.39%) Agile Software Development
3 46 (29.30%) Banking
4 33 (21.02%) Java
5 26 (16.56%) SQL
5 26 (16.56%) DevOps
6 25 (15.92%) Azure
6 25 (15.92%) Microsoft
7 21 (13.38%) Analytical Skills
8 20 (12.74%) SQL Server
9 19 (12.10%) Python
10 18 (11.46%) QA
11 17 (10.83%) Windows
12 16 (10.19%) Office 365
13 15 (9.55%) JavaScript
13 15 (9.55%) Problem-Solving
14 14 (8.92%) Foreign Exchange (FX)
14 14 (8.92%) Firewall
14 14 (8.92%) Front Office
14 14 (8.92%) Computer Science
14 14 (8.92%) Test Automation
14 14 (8.92%) SDLC
15 13 (8.28%) User Experience
15 13 (8.28%) BDD
15 13 (8.28%) JIRA
15 13 (8.28%) Active Directory
16 12 (7.64%) DNS
16 12 (7.64%) Linux
16 12 (7.64%) TDD
16 12 (7.64%) Test Strategy

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 7 (4.46%) Skype for Business
2 4 (2.55%) Apache Spark
2 4 (2.55%) Elasticsearch
3 2 (1.27%) Confluence
3 2 (1.27%) IIS
4 1 (0.64%) Apache
4 1 (0.64%) Apache Airflow
4 1 (0.64%) Cloud Foundry
Applications
1 8 (5.10%) Microsoft Excel
2 2 (1.27%) Microsoft Office
2 2 (1.27%) Microsoft PowerPoint
3 1 (0.64%) Acrobat
3 1 (0.64%) Adobe Creative Suite
3 1 (0.64%) Adobe Illustrator
3 1 (0.64%) Adobe Premiere
3 1 (0.64%) Blender
3 1 (0.64%) Camtasia
3 1 (0.64%) InDesign
3 1 (0.64%) MS Visio
3 1 (0.64%) OmniGraffle
3 1 (0.64%) Photoshop
3 1 (0.64%) Sketch
3 1 (0.64%) UserZoom
Business Applications
1 3 (1.91%) SAP S/4HANA
2 1 (0.64%) Oracle AGIS
2 1 (0.64%) Oracle Applications
2 1 (0.64%) Oracle Assets
2 1 (0.64%) Oracle Cash Management
2 1 (0.64%) Oracle E-Business Tax
2 1 (0.64%) Oracle FAH
2 1 (0.64%) Oracle General Ledger
2 1 (0.64%) Oracle Payables
2 1 (0.64%) Oracle Receivables
Cloud Services
1 25 (15.92%) Azure
2 16 (10.19%) Office 365
3 8 (5.10%) AWS
3 8 (5.10%) Azure Active Directory
4 4 (2.55%) PaaS
5 3 (1.91%) FinancialForce
5 3 (1.91%) GCP
5 3 (1.91%) IaaS
5 3 (1.91%) Power Platform
6 2 (1.27%) Apigee
6 2 (1.27%) Cloud Computing
7 1 (0.64%) Amazon EKS
7 1 (0.64%) Azure Data Factory
7 1 (0.64%) OpenShift
7 1 (0.64%) SaaS
7 1 (0.64%) SurveyMonkey
Communications & Networking
1 14 (8.92%) Firewall
2 12 (7.64%) DNS
3 10 (6.37%) DMZ
4 7 (4.46%) Skype
5 5 (3.18%) FTP
6 4 (2.55%) WLAN
7 3 (1.91%) Internet
7 3 (1.91%) Intrusion Detection
7 3 (1.91%) LAN
7 3 (1.91%) Network Security
7 3 (1.91%) Reverse Proxy
7 3 (1.91%) VSAN
7 3 (1.91%) WAN
8 2 (1.27%) BGP
8 2 (1.27%) DHCP
8 2 (1.27%) OSPF
8 2 (1.27%) TCP/IP
9 1 (0.64%) Cisco Nexus
9 1 (0.64%) Multicast
9 1 (0.64%) Spanning Tree
Database & Business Intelligence
1 20 (12.74%) SQL Server
2 9 (5.73%) SQL Server Integration Services
3 5 (3.18%) Big Data
4 4 (2.55%) Data Warehouse
4 4 (2.55%) SQL Server Reporting Services
5 3 (1.91%) Hadoop
5 3 (1.91%) MongoDB
5 3 (1.91%) MySQL
5 3 (1.91%) NoSQL
5 3 (1.91%) Oracle Reports
5 3 (1.91%) Power BI
5 3 (1.91%) Tableau
5 3 (1.91%) Tableau Desktop
6 2 (1.27%) Apache Hive
6 2 (1.27%) Data Mart
6 2 (1.27%) Oracle Database
6 2 (1.27%) SQLPlus
7 1 (0.64%) Apache Cassandra
7 1 (0.64%) MS Access
7 1 (0.64%) NonStop SQL
Development Applications
1 13 (8.28%) JIRA
2 7 (4.46%) Git (software)
3 6 (3.82%) Jenkins
4 5 (3.18%) Cucumber
4 5 (3.18%) Selenium
5 3 (1.91%) Octopus Deploy
5 3 (1.91%) TeamCity
5 3 (1.91%) WebDriver
6 2 (1.27%) Axure RP
6 2 (1.27%) Maven
6 2 (1.27%) Vagrant
7 1 (0.64%) Atlassian Bamboo
7 1 (0.64%) Bitbucket
7 1 (0.64%) Hudson
7 1 (0.64%) JUnit
7 1 (0.64%) SQL Server Management Studio (SSMS)
7 1 (0.64%) Subversion
7 1 (0.64%) Team Foundation Server
7 1 (0.64%) Toad
7 1 (0.64%) Visual Studio
General
1 157 (100.00%) Finance
2 46 (29.30%) Banking
3 14 (8.92%) Front Office
4 10 (6.37%) Legal
5 5 (3.18%) Retail
6 4 (2.55%) International Banking
6 4 (2.55%) Investment Banking
6 4 (2.55%) Manufacturing
6 4 (2.55%) Public Sector
6 4 (2.55%) Publishing
6 4 (2.55%) Telecoms
7 3 (1.91%) Retail Banking
8 2 (1.27%) Back Office
8 2 (1.27%) Marketing
9 1 (0.64%) Billing
Job Titles
1 46 (29.30%) Developer
2 21 (13.38%) Analyst
3 20 (12.74%) Java Developer
4 16 (10.19%) Architect
5 10 (6.37%) Automation Engineer
5 10 (6.37%) QA Automation Engineer
5 10 (6.37%) QA Engineer
5 10 (6.37%) Senior Automation Engineer
5 10 (6.37%) Senior QA Engineer
6 8 (5.10%) Business Analyst
6 8 (5.10%) C# Developer
6 8 (5.10%) Solutions Architect
7 7 (4.46%) Java Engineer
8 6 (3.82%) Angular Developer
8 6 (3.82%) Office 365 Specialist
8 6 (3.82%) Qualitative Analyst
8 6 (3.82%) Quantitative Analyst
9 5 (3.18%) Network Engineer
9 5 (3.18%) Technical Analyst
9 5 (3.18%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 10 (6.37%) AngularJS
1 10 (6.37%) HTML
1 10 (6.37%) Kafka
2 9 (5.73%) CSS
3 8 (5.10%) .NET
4 6 (3.82%) React
4 6 (3.82%) REST
4 6 (3.82%) Spring
4 6 (3.82%) WPF
5 4 (2.55%) Gherkin
5 4 (2.55%) HTML5
6 3 (1.91%) Hibernate
6 3 (1.91%) Middleware
6 3 (1.91%) Spring Boot
7 2 (1.27%) Apache Camel
7 2 (1.27%) Node.js
7 2 (1.27%) OAuth
7 2 (1.27%) SAML
7 2 (1.27%) STL
7 2 (1.27%) Web Services
Miscellaneous
1 21 (13.38%) Analytical Skills
2 14 (8.92%) Foreign Exchange (FX)
3 13 (8.28%) User Experience
4 12 (7.64%) Virtual Team
5 9 (5.73%) Market Risk
5 9 (5.73%) Mobile App
6 8 (5.10%) Hedge funds
6 8 (5.10%) Private Cloud
7 6 (3.82%) Data Centre
7 6 (3.82%) Greenfield Project
7 6 (3.82%) PKI
8 5 (3.18%) Algorithms
8 5 (3.18%) Analytical Mindset
8 5 (3.18%) Credit Risk
9 3 (1.91%) Cloud Native
9 3 (1.91%) Data Structures
9 3 (1.91%) Hybrid Cloud
9 3 (1.91%) Online Banking
10 2 (1.27%) Enterprise Cloud
10 2 (1.27%) Public Cloud
Operating Systems
1 17 (10.83%) Windows
2 12 (7.64%) Linux
3 7 (4.46%) Unix
4 4 (2.55%) Windows 10
4 4 (2.55%) Windows Server
5 3 (1.91%) Windows Server 2016
5 3 (1.91%) Windows Server 2019
6 1 (0.64%) Android
6 1 (0.64%) Windows 7
Processes & Methodologies
1 54 (34.39%) Agile Software Development
2 26 (16.56%) DevOps
3 15 (9.55%) Problem-Solving
4 14 (8.92%) Computer Science
4 14 (8.92%) SDLC
4 14 (8.92%) Test Automation
5 13 (8.28%) BDD
6 12 (7.64%) Cybersecurity
6 12 (7.64%) Microservices
6 12 (7.64%) TDD
6 12 (7.64%) Test Strategy
7 10 (6.37%) Automated Trading
7 10 (6.37%) Risk Management
7 10 (6.37%) Scenario Testing
8 9 (5.73%) Acceptance Criteria
8 9 (5.73%) Data Analysis
8 9 (5.73%) Data Protection
8 9 (5.73%) Stakeholder Management
8 9 (5.73%) Statistics
8 9 (5.73%) Workflow
Programming Languages
1 33 (21.02%) Java
2 26 (16.56%) SQL
3 19 (12.10%) Python
4 15 (9.55%) JavaScript
5 11 (7.01%) C#
5 11 (7.01%) C++
6 10 (6.37%) PowerShell
7 8 (5.10%) Java 8
8 6 (3.82%) Kotlin
8 6 (3.82%) TypeScript
9 5 (3.18%) VBA
10 3 (1.91%) PL/SQL
11 2 (1.27%) Bash Shell
11 2 (1.27%) Data Analysis Expressions (DAX)
11 2 (1.27%) Shell Script
12 1 (0.64%) COBOL
12 1 (0.64%) R
12 1 (0.64%) Ruby
12 1 (0.64%) Scala
12 1 (0.64%) T-SQL
Qualifications
1 11 (7.01%) Degree
2 5 (3.18%) PhD
3 3 (1.91%) CISA
3 3 (1.91%) CISSP
3 3 (1.91%) Computer Science Degree
3 3 (1.91%) CSSLP
3 3 (1.91%) PRINCE2 Certification
4 2 (1.27%) PMI Certification
4 2 (1.27%) Security Cleared
5 1 (0.64%) CCIE
5 1 (0.64%) CCNP
5 1 (0.64%) Cisco Certification
5 1 (0.64%) PMP
5 1 (0.64%) SC Cleared
5 1 (0.64%) TOGAF Certification
Quality Assurance & Compliance
1 18 (11.46%) QA
2 5 (3.18%) GDPR
3 4 (2.55%) Section 508
3 4 (2.55%) WAI
4 2 (1.27%) ISO/IEC 27001
4 2 (1.27%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (0.64%) IFRS
5 1 (0.64%) IFRS 9
5 1 (0.64%) NIST
5 1 (0.64%) PMO
5 1 (0.64%) SEPA
5 1 (0.64%) TARGET2
System Software
1 13 (8.28%) Active Directory
2 5 (3.18%) VMware Infrastructure
3 4 (2.55%) Docker
3 4 (2.55%) Hyper-V
4 3 (1.91%) vSphere
5 1 (0.64%) KVM
5 1 (0.64%) Virtual Machines
5 1 (0.64%) Xen
Systems Management
1 8 (5.10%) Kubernetes
2 4 (2.55%) SCCM
2 4 (2.55%) Single Sign-On
2 4 (2.55%) Terraform
3 3 (1.91%) Ansible
3 3 (1.91%) Control-M
3 3 (1.91%) PowerCLI
3 3 (1.91%) vCenter Server
4 2 (1.27%) Tivoli
5 1 (0.64%) HP Fortify
5 1 (0.64%) Microsoft Intune
Vendors
1 25 (15.92%) Microsoft
2 9 (5.73%) Cisco
3 8 (5.10%) Palo Alto
4 7 (4.46%) Oracle
5 6 (3.82%) McAfee
5 6 (3.82%) Murex
6 5 (3.18%) Salesforce.com
6 5 (3.18%) SAP
6 5 (3.18%) VMware
7 4 (2.55%) CheckPoint
7 4 (2.55%) CyberArk
7 4 (2.55%) HP
7 4 (2.55%) Splunk
7 4 (2.55%) Symantec
8 3 (1.91%) Apttus
8 3 (1.91%) ArcSight
8 3 (1.91%) Darktrace
8 3 (1.91%) FireEye
8 3 (1.91%) ForgeRock
8 3 (1.91%) Ping Identity