Period
to 20 April 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 20 April 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
20 Apr 2021
Same period 2020 Same period 2019
Rank 279 301 196
Rank change year-on-year +22 -105 +46
Contract jobs citing Financial Institution 173 137 605
As % of all contract jobs advertised in London 0.78% 0.58% 1.43%
As % of the General category 1.66% 1.33% 3.11%
Number of daily rates quoted 108 99 382
10th Percentile £421 £334 £375
25th Percentile £463 £413 £475
Median daily rate (50th Percentile) £568 £525 £550
Median % change year-on-year +8.10% -4.55% -
75th Percentile £650 £613 £650
90th Percentile £750 £688 £713
England median daily rate £550 £500 £550
% change year-on-year +10.00% -9.09% +4.76%
Number of hourly rates quoted 0 2 5
Median hourly rate - £23.85 £18.70
Median % change year-on-year - +27.54% -13.02%
England median hourly rate £80.73 £11.40 £18.70
% change year-on-year +608.16% -39.04% -1.73%

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 10,448 10,329 19,458
As % of all contract IT jobs advertised in London 47.11% 43.81% 46.07%
Number of daily rates quoted 7,608 7,398 13,897
10th Percentile £350 £320 £325
25th Percentile £433 £419 £425
Median daily rate (50th Percentile) £537 £525 £525
Median % change year-on-year +2.24% - +3.96%
75th Percentile £650 £638 £625
90th Percentile £725 £725 £700
England median daily rate £500 £500 £500
Number of hourly rates quoted 125 134 189
10th Percentile £14.88 £12.44 £12.76
25th Percentile £21.00 £16.24 £17.00
Median hourly rate £27.50 £25.00 £21.00
Median % change year-on-year +10.00% +19.05% -4.61%
75th Percentile £46.50 £44.69 £36.67
90th Percentile £61.75 £61.25 £51.42
England median hourly rate £24.00 £21.00 £21.34
% change year-on-year +14.29% -1.59% -0.74%

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 20 April 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 20 April 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 +34 33 £606 +21.25% 18
Financial Institution
England

For the 6 months to 20 April 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.

1 173 (100.00%) Finance
2 64 (36.99%) Banking
3 53 (30.64%) Agile Software Development
4 35 (20.23%) Java
4 35 (20.23%) Analytical Skills
5 34 (19.65%) SQL
6 30 (17.34%) DevOps
7 23 (13.29%) Computer Science
7 23 (13.29%) Azure
7 23 (13.29%) Python
8 20 (11.56%) Investment Banking
9 19 (10.98%) Degree
10 18 (10.40%) Front Office
10 18 (10.40%) Mathematics
10 18 (10.40%) Hedge funds
10 18 (10.40%) SDLC
11 17 (9.83%) User Experience
11 17 (9.83%) QA
11 17 (9.83%) Market Risk
11 17 (9.83%) Test Automation
11 17 (9.83%) Derivative
12 16 (9.25%) Microsoft
12 16 (9.25%) JavaScript
12 16 (9.25%) Linux
12 16 (9.25%) Java 8
13 15 (8.67%) Requirements Gathering
13 15 (8.67%) Scenario Testing
13 15 (8.67%) Windows
13 15 (8.67%) SQL Server
13 15 (8.67%) Legal

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 8 (4.62%) Apache Spark
2 7 (4.05%) Apache
3 5 (2.89%) GemFire
4 1 (0.58%) Cloud Foundry
4 1 (0.58%) Confluence
4 1 (0.58%) IIS
4 1 (0.58%) Jupyter
4 1 (0.58%) Skype for Business
Applications
1 9 (5.20%) Microsoft Excel
2 2 (1.16%) Sketch
3 1 (0.58%) Adobe Premiere
3 1 (0.58%) Camtasia
3 1 (0.58%) Figma
3 1 (0.58%) Microsoft Office
3 1 (0.58%) Microsoft PowerPoint
3 1 (0.58%) MS Visio
3 1 (0.58%) OmniGraffle
3 1 (0.58%) UserZoom
Business Applications
1 3 (1.73%) SAP S/4HANA
2 2 (1.16%) Remedy ITSM
3 1 (0.58%) Loan IQ
Cloud Services
1 23 (13.29%) Azure
2 11 (6.36%) AWS
3 8 (4.62%) Microsoft 365
4 6 (3.47%) Apigee
4 6 (3.47%) GCP
5 5 (2.89%) Azure Active Directory
6 3 (1.73%) FinancialForce
7 2 (1.16%) OpenShift
7 2 (1.16%) Salesforce Sales Cloud
8 1 (0.58%) Amazon CloudWatch
8 1 (0.58%) Amazon EKS
8 1 (0.58%) Amazon ELB
8 1 (0.58%) Amazon GuardDuty
8 1 (0.58%) AWS CloudFormation
8 1 (0.58%) AWS Lambda
8 1 (0.58%) Power Platform
8 1 (0.58%) Route 53
8 1 (0.58%) Serverless
8 1 (0.58%) SuccessFactors
8 1 (0.58%) SurveyMonkey
Communications & Networking
1 9 (5.20%) TCP/IP
2 7 (4.05%) DNS
3 6 (3.47%) FTP
4 4 (2.31%) Firewall
5 3 (1.73%) Cisco Wireless
5 3 (1.73%) DHCP
5 3 (1.73%) F5 BIG-IP GTM
5 3 (1.73%) F5 BIG-IP LTM
5 3 (1.73%) NX-OS
5 3 (1.73%) VSAN
5 3 (1.73%) WAN
5 3 (1.73%) Wireless
6 2 (1.16%) BGP
6 2 (1.16%) LAN
6 2 (1.16%) NAS
6 2 (1.16%) OSPF
6 2 (1.16%) SAN
6 2 (1.16%) Wireshark
6 2 (1.16%) WLAN
7 1 (0.58%) RTP
Database & Business Intelligence
1 15 (8.67%) SQL Server
2 7 (4.05%) SQL Server Integration Services
3 6 (3.47%) NoSQL
4 5 (2.89%) Data Warehouse
5 4 (2.31%) Big Data
5 4 (2.31%) Hadoop
5 4 (2.31%) Tableau
6 3 (1.73%) MongoDB
6 3 (1.73%) MS Access
6 3 (1.73%) Oracle Database
6 3 (1.73%) Oracle Database 10g
6 3 (1.73%) Oracle Database 11g
6 3 (1.73%) Oracle Database 12c
6 3 (1.73%) Oracle Reports
6 3 (1.73%) SQL Server Reporting Services
6 3 (1.73%) Tableau Desktop
7 2 (1.16%) Apache Cassandra
7 2 (1.16%) Apache Hive
8 1 (0.58%) Neo4j
8 1 (0.58%) Relational Database
Development Applications
1 9 (5.20%) Git (software)
2 8 (4.62%) Jenkins
2 8 (4.62%) JIRA
3 6 (3.47%) Maven
4 5 (2.89%) Hudson
5 3 (1.73%) Axure RP
5 3 (1.73%) Octopus Deploy
6 2 (1.16%) Bitbucket
6 2 (1.16%) GitLab
6 2 (1.16%) Selenium
7 1 (0.58%) Atlassian Bamboo
7 1 (0.58%) Cucumber
7 1 (0.58%) Eclipse
7 1 (0.58%) Gradle
7 1 (0.58%) IntelliJ
7 1 (0.58%) JUnit
7 1 (0.58%) SonarQube
7 1 (0.58%) SQL Server Management Studio (SSMS)
7 1 (0.58%) Team Foundation Server
7 1 (0.58%) Visual Studio
General
1 173 (100.00%) Finance
2 64 (36.99%) Banking
3 20 (11.56%) Investment Banking
4 18 (10.40%) Front Office
5 15 (8.67%) Legal
6 8 (4.62%) Retail
7 4 (2.31%) Marketing
7 4 (2.31%) Publishing
8 3 (1.73%) Back Office
8 3 (1.73%) Billing
9 2 (1.16%) Manufacturing
9 2 (1.16%) Public Sector
9 2 (1.16%) Telecoms
10 1 (0.58%) International Banking
Job Titles
1 50 (28.90%) Developer
2 36 (20.81%) Analyst
3 21 (12.14%) Business Analyst
3 21 (12.14%) Java Developer
4 13 (7.51%) Banking Analyst
5 10 (5.78%) Architect
5 10 (5.78%) Automation Engineer
5 10 (5.78%) Investment Banking Business Analyst
5 10 (5.78%) QA Automation Engineer
5 10 (5.78%) QA Engineer
5 10 (5.78%) Senior Automation Engineer
5 10 (5.78%) Senior QA Engineer
6 9 (5.20%) Risk Analyst
6 9 (5.20%) Risk Business Analyst
7 8 (4.62%) C# Developer
7 8 (4.62%) Consultant
7 8 (4.62%) Java Engineer
8 7 (4.05%) Network Engineer
8 7 (4.05%) Systems Administrator
8 7 (4.05%) Technical Analyst
Libraries, Frameworks & Software Standards
1 13 (7.51%) Spring
2 12 (6.94%) .NET
3 7 (4.05%) CSS
3 7 (4.05%) HTML
3 7 (4.05%) Node.js
4 6 (3.47%) Swagger
5 5 (2.89%) Kafka
5 5 (2.89%) YAML
6 4 (2.31%) AngularJS
6 4 (2.31%) GraphQL
6 4 (2.31%) Hibernate
6 4 (2.31%) Middleware
6 4 (2.31%) REST
6 4 (2.31%) WPF
7 3 (1.73%) React
7 3 (1.73%) RESTful
8 2 (1.16%) FIX Protocol
8 2 (1.16%) Pandas
8 2 (1.16%) scikit-learn
8 2 (1.16%) Spring Boot
Miscellaneous
1 35 (20.23%) Analytical Skills
2 18 (10.40%) Hedge funds
3 17 (9.83%) Derivative
3 17 (9.83%) Market Risk
3 17 (9.83%) User Experience
4 11 (6.36%) Foreign Exchange (FX)
5 10 (5.78%) Virtual Team
6 9 (5.20%) Analytical Mindset
7 7 (4.05%) Credit Risk
8 5 (2.89%) Fixed Income
8 5 (2.89%) Grid Computing
8 5 (2.89%) Management Information System
8 5 (2.89%) Mobile App
9 4 (2.31%) Data Centre
9 4 (2.31%) Data Structures
9 4 (2.31%) Enterprise Cloud
9 4 (2.31%) Online Banking
10 3 (1.73%) Algorithms
10 3 (1.73%) Hybrid Cloud
10 3 (1.73%) PMI
Operating Systems
1 16 (9.25%) Linux
2 15 (8.67%) Windows
3 7 (4.05%) Unix
4 4 (2.31%) Windows Server
4 4 (2.31%) Windows Server 2016
4 4 (2.31%) Windows Server 2019
5 3 (1.73%) Red Hat Enterprise Linux
6 2 (1.16%) AIX
6 2 (1.16%) Solaris
7 1 (0.58%) Windows 10
7 1 (0.58%) Windows Server 2008
7 1 (0.58%) Windows Server 2012
Processes & Methodologies
1 53 (30.64%) Agile Software Development
2 30 (17.34%) DevOps
3 23 (13.29%) Computer Science
4 18 (10.40%) Mathematics
4 18 (10.40%) SDLC
5 17 (9.83%) Test Automation
6 15 (8.67%) Requirements Gathering
6 15 (8.67%) Scenario Testing
6 15 (8.67%) Test Strategy
7 14 (8.09%) Problem-Solving
8 13 (7.51%) Data Analysis
8 13 (7.51%) Risk Management
8 13 (7.51%) TDD
9 12 (6.94%) Project Management
9 12 (6.94%) Unit Testing
10 11 (6.36%) Analytics
10 11 (6.36%) Cybersecurity
10 11 (6.36%) Software Delivery
11 10 (5.78%) Low Latency
11 10 (5.78%) Multithreading
Programming Languages
1 35 (20.23%) Java
2 34 (19.65%) SQL
3 23 (13.29%) Python
4 16 (9.25%) Java 8
4 16 (9.25%) JavaScript
5 12 (6.94%) C#
5 12 (6.94%) PowerShell
6 7 (4.05%) C++
6 7 (4.05%) TypeScript
7 5 (2.89%) Shell Script
7 5 (2.89%) T-SQL
8 4 (2.31%) Perl
9 3 (1.73%) Scala
10 2 (1.16%) Apex Code
10 2 (1.16%) PL/SQL
10 2 (1.16%) SOQL
10 2 (1.16%) VBA
11 1 (0.58%) COBOL
11 1 (0.58%) PL/1
11 1 (0.58%) VB
Qualifications
1 19 (10.98%) Degree
2 6 (3.47%) Computer Science Degree
2 6 (3.47%) PhD
3 5 (2.89%) CISSP
4 3 (1.73%) CCNP
4 3 (1.73%) Cisco Certification
4 3 (1.73%) CISM
4 3 (1.73%) PMI Certification
4 3 (1.73%) PRINCE2 Certification
5 2 (1.16%) CCIE
5 2 (1.16%) CRISC
5 2 (1.16%) FFIEC
6 1 (0.58%) CCIE Collaboration
6 1 (0.58%) GIAC
6 1 (0.58%) ISSMP
6 1 (0.58%) Master's Degree
6 1 (0.58%) SC Cleared
6 1 (0.58%) Security Cleared
Quality Assurance & Compliance
1 17 (9.83%) QA
2 9 (5.20%) GDPR
3 6 (3.47%) ISO/IEC 27001
4 3 (1.73%) Data Quality
4 3 (1.73%) IFRS
4 3 (1.73%) NIST
4 3 (1.73%) PCI DSS
4 3 (1.73%) Sarbanes-Oxley
5 2 (1.16%) GRC
5 2 (1.16%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 2 (1.16%) Section 508
5 2 (1.16%) WAI
6 1 (0.58%) COBIT
6 1 (0.58%) MiFID
6 1 (0.58%) PMO
6 1 (0.58%) SLA
System Software
1 7 (4.05%) Active Directory
2 5 (2.89%) Docker
3 4 (2.31%) VMware Infrastructure
4 3 (1.73%) Hyper-V
4 3 (1.73%) vSphere
5 2 (1.16%) Oracle RAC
5 2 (1.16%) Veritas File System
6 1 (0.58%) Virtual Machines
6 1 (0.58%) VMware ESXi
Systems Management
1 7 (4.05%) Terraform
2 6 (3.47%) Kubernetes
3 5 (2.89%) Ansible
4 3 (1.73%) FortiGate
4 3 (1.73%) PowerCLI
4 3 (1.73%) SCCM
4 3 (1.73%) vCenter Server
5 2 (1.16%) BladeLogic
6 1 (0.58%) Cisco CUCM
6 1 (0.58%) HP Fortify
6 1 (0.58%) Single Sign-On
Vendors
1 16 (9.25%) Microsoft
2 11 (6.36%) Oracle
3 9 (5.20%) Cisco
4 7 (4.05%) Google
4 7 (4.05%) Salesforce.com
5 6 (3.47%) HP
5 6 (3.47%) SAP
6 5 (2.89%) F5
6 5 (2.89%) Fortinet
6 5 (2.89%) VMware
7 4 (2.31%) Juniper
7 4 (2.31%) Splunk
8 3 (1.73%) Apttus
8 3 (1.73%) Blue Coat
8 3 (1.73%) CheckPoint
8 3 (1.73%) IBM
8 3 (1.73%) Murex
8 3 (1.73%) Red Hat
8 3 (1.73%) Symantec
8 3 (1.73%) Veritas