Period
to 25 September 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 25 September 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
25 Sep 2021
Same period 2020 Same period 2019
Rank 297 230 207
Rank change year-on-year -67 -23 +26
Contract jobs citing Financial Institution 277 128 508
As % of all contract jobs advertised in London 0.82% 0.96% 1.31%
As % of the General category 1.42% 1.61% 2.39%
Number of daily rates quoted 191 88 362
10th Percentile £450 £418 £376
25th Percentile £513 £500 £500
Median daily rate (50th Percentile) £575 £550 £550
Median % change year-on-year +4.55% - -
75th Percentile £664 £638 £650
90th Percentile £750 £675 £700
England median daily rate £575 £525 £550
% change year-on-year +9.52% -4.55% -
Number of hourly rates quoted 1 2 0
Median hourly rate £108.69 £21.00 -
Median % change year-on-year +417.55% - -
England median hourly rate £94.71 £16.36 £10.00
% change year-on-year +478.81% +63.63% -46.52%

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 19,492 7,958 21,295
As % of all contract IT jobs advertised in London 57.66% 59.39% 55.09%
Number of daily rates quoted 13,786 5,697 15,004
10th Percentile £363 £325 £313
25th Percentile £456 £425 £413
Median daily rate (50th Percentile) £550 £525 £513
Median % change year-on-year +4.76% +2.44% +2.40%
75th Percentile £675 £650 £615
90th Percentile £750 £750 £700
England median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 202 97 275
10th Percentile £13.28 £13.35 £12.76
25th Percentile £18.19 £18.50 £16.00
Median hourly rate £29.56 £27.42 £21.00
Median % change year-on-year +7.83% +30.55% +10.16%
75th Percentile £48.37 £42.25 £30.00
90th Percentile £63.98 £53.85 £52.50
England median hourly rate £18.94 £22.50 £19.50
% change year-on-year -15.82% +15.38% +8.33%

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 25 September 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 25 September 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 -20 71 £525 - 30
South London 0 2 £625 -10.71% 1
Financial Institution
England

For the 6 months to 25 September 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.

1 277 (100.00%) Finance
2 95 (34.30%) Social Skills
3 85 (30.69%) Hedge funds
4 82 (29.60%) Data Protection
4 82 (29.60%) Banking
5 80 (28.88%) Legal
6 77 (27.80%) GDPR
7 73 (26.35%) Agile Software Development
8 71 (25.63%) Java
9 61 (22.02%) Python
10 58 (20.94%) SQL
11 55 (19.86%) DevOps
12 52 (18.77%) Azure
13 51 (18.41%) AWS
14 44 (15.88%) AOP
14 44 (15.88%) Linux
15 43 (15.52%) Analytical Skills
16 40 (14.44%) Kubernetes
17 39 (14.08%) Windows
18 38 (13.72%) Microsoft
19 33 (11.91%) Docker
20 31 (11.19%) Jenkins
20 31 (11.19%) Investment Banking
21 30 (10.83%) Degree
21 30 (10.83%) GCP
22 29 (10.47%) Microservices
22 29 (10.47%) Market Risk
22 29 (10.47%) Migration
22 29 (10.47%) Spring
23 28 (10.11%) Scrum

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 18 (6.50%) Apache Spark
2 13 (4.69%) Apache
2 13 (4.69%) Confluence
3 9 (3.25%) GemFire
4 7 (2.53%) SharePoint
5 5 (1.81%) Jupyter
6 3 (1.08%) SAS
7 2 (0.72%) Elasticsearch
7 2 (0.72%) IIS
7 2 (0.72%) WebSphere
8 1 (0.36%) Apache Airflow
8 1 (0.36%) Camunda
8 1 (0.36%) CMS
8 1 (0.36%) Ethereum
8 1 (0.36%) Exchange Server 2010
8 1 (0.36%) Jetty
8 1 (0.36%) MQSeries
8 1 (0.36%) OpenStack
8 1 (0.36%) Skype for Business
8 1 (0.36%) Tomcat
Applications
1 8 (2.89%) Microsoft Excel
1 8 (2.89%) Microsoft Office
2 4 (1.44%) Microsoft PowerPoint
3 2 (0.72%) MS Visio
4 1 (0.36%) Microsoft Project
4 1 (0.36%) Spreadsheet
Business Applications
1 5 (1.81%) Cloudability
2 1 (0.36%) Oracle BPM
2 1 (0.36%) Oracle Payables
2 1 (0.36%) Oracle Procure-to-Pay
2 1 (0.36%) Oracle Subledger Accounting
2 1 (0.36%) Remedy ITSM
2 1 (0.36%) RMDS
Cloud Services
1 52 (18.77%) Azure
2 51 (18.41%) AWS
3 30 (10.83%) GCP
4 13 (4.69%) AWS CloudFormation
5 11 (3.97%) GitHub
5 11 (3.97%) PaaS
6 9 (3.25%) Microsoft 365
7 6 (2.17%) Amazon EC2
7 6 (2.17%) Amazon S3
7 6 (2.17%) IaaS
7 6 (2.17%) Power Platform
7 6 (2.17%) SaaS
8 5 (1.81%) Amazon EKS
8 5 (1.81%) Azure Active Directory
8 5 (1.81%) Serverless
9 4 (1.44%) Apigee
9 4 (1.44%) Datadog
9 4 (1.44%) Google Data Studio
9 4 (1.44%) Power Automate
9 4 (1.44%) PowerApps
Communications & Networking
1 11 (3.97%) DNS
2 7 (2.53%) Firewall
3 6 (2.17%) DHCP
3 6 (2.17%) TCP/IP
4 4 (1.44%) Skype
5 3 (1.08%) HTTP
5 3 (1.08%) LAN
5 3 (1.08%) SAN
5 3 (1.08%) Unified Communications
5 3 (1.08%) WebEx
5 3 (1.08%) Wireless
6 2 (0.72%) Bluetooth
6 2 (0.72%) Cisco IOS
6 2 (0.72%) Internet
6 2 (0.72%) Multicast
6 2 (0.72%) NAS
6 2 (0.72%) VPN
6 2 (0.72%) WAN
7 1 (0.36%) OSPF
7 1 (0.36%) Software-Defined Networking
Database & Business Intelligence
1 16 (5.78%) SQL Server
2 12 (4.33%) Big Data
3 11 (3.97%) BigQuery
3 11 (3.97%) PostgreSQL
4 10 (3.61%) Data Warehouse
5 9 (3.25%) Hadoop
6 8 (2.89%) NoSQL
6 8 (2.89%) Relational Database
7 7 (2.53%) Data Lake
8 6 (2.17%) MongoDB
9 5 (1.81%) Tableau
10 4 (1.44%) Amazon DynamoDB
10 4 (1.44%) DB2
10 4 (1.44%) Delta Lake
10 4 (1.44%) Looker
10 4 (1.44%) Oracle Database
11 3 (1.08%) Apache Hive
11 3 (1.08%) Bigtable
11 3 (1.08%) RDBMS
12 2 (0.72%) Data Mining
Development Applications
1 31 (11.19%) Jenkins
2 27 (9.75%) Git (software)
3 18 (6.50%) Maven
4 15 (5.42%) JIRA
5 10 (3.61%) Subversion
6 9 (3.25%) Hudson
7 6 (2.17%) Sonatype Nexus
8 3 (1.08%) Cucumber
8 3 (1.08%) git-flow
8 3 (1.08%) GitLab
8 3 (1.08%) Protractor
8 3 (1.08%) Selenium
8 3 (1.08%) Spinnaker
8 3 (1.08%) TeamCity
8 3 (1.08%) webpack
9 2 (0.72%) Atlassian Bamboo
9 2 (0.72%) Bitbucket
9 2 (0.72%) ERwin
9 2 (0.72%) Gradle
10 1 (0.36%) JUnit
General
1 277 (100.00%) Finance
2 95 (34.30%) Social Skills
3 82 (29.60%) Banking
4 80 (28.88%) Legal
5 43 (15.52%) Analytical Skills
6 31 (11.19%) Investment Banking
7 21 (7.58%) Front Office
8 8 (2.89%) Documentation Skills
8 8 (2.89%) Organisational Skills
9 7 (2.53%) Billing
10 6 (2.17%) Presentation Skills
11 4 (1.44%) Back Office
12 2 (0.72%) International Banking
12 2 (0.72%) Marketing
12 2 (0.72%) Retail Banking
13 1 (0.36%) Inclusion and Diversity
13 1 (0.36%) Influencing Skills
13 1 (0.36%) Manufacturing
13 1 (0.36%) Prime Brokerage
Job Titles
1 72 (25.99%) Developer
2 52 (18.77%) Architect
3 41 (14.80%) Analyst
4 30 (10.83%) Java Developer
5 27 (9.75%) Business Analyst
6 19 (6.86%) Azure Engineer
7 17 (6.14%) Senior Developer
8 15 (5.42%) DevOps Engineer
9 13 (4.69%) Consultant
9 13 (4.69%) Risk Analyst
10 12 (4.33%) C++ Developer
10 12 (4.33%) Python Developer
11 11 (3.97%) AWS Architect
11 11 (3.97%) Banking Analyst
11 11 (3.97%) Project Manager
11 11 (3.97%) Risk Business Analyst
12 10 (3.61%) Cloud Engineer
12 10 (3.61%) Senior Java Developer
12 10 (3.61%) Technical Architect
13 9 (3.25%) Cloud Architect
Libraries, Frameworks & Software Standards
1 29 (10.47%) Spring
2 12 (4.33%) HTML
2 12 (4.33%) Middleware
2 12 (4.33%) REST
3 11 (3.97%) .NET
3 11 (3.97%) CSS
4 10 (3.61%) Kafka
4 10 (3.61%) Node.js
4 10 (3.61%) React
5 8 (2.89%) JMS
5 8 (2.89%) RESTful
5 8 (2.89%) Web Services
6 7 (2.53%) Spring Boot
7 6 (2.17%) AngularJS
8 5 (1.81%) Pandas
9 4 (1.44%) Django
9 4 (1.44%) Swagger
9 4 (1.44%) Velocity
9 4 (1.44%) XML
10 3 (1.08%) YAML
Miscellaneous
1 85 (30.69%) Hedge funds
2 29 (10.47%) Market Risk
3 16 (5.78%) Derivative
3 16 (5.78%) Fixed Income
4 14 (5.05%) Cloud Native
4 14 (5.05%) Equities
5 10 (3.61%) Legacy Systems
5 10 (3.61%) Reference Data
6 9 (3.25%) Algorithms
6 9 (3.25%) Analytical Mindset
6 9 (3.25%) Grid Computing
7 6 (2.17%) Enterprise Software
7 6 (2.17%) Foreign Exchange (FX)
7 6 (2.17%) User Experience
8 5 (1.81%) PMI
8 5 (1.81%) Public Cloud
9 4 (1.44%) CMDB
9 4 (1.44%) Credit Risk
9 4 (1.44%) Management Information System
9 4 (1.44%) Self-Motivation
Operating Systems
1 44 (15.88%) Linux
2 39 (14.08%) Windows
3 21 (7.58%) Unix
4 4 (1.44%) Windows 10
5 3 (1.08%) Windows 7
5 3 (1.08%) Windows Server
6 1 (0.36%) AIX
6 1 (0.36%) Red Hat Enterprise Linux
6 1 (0.36%) Solaris
6 1 (0.36%) Windows Server 2003
6 1 (0.36%) Windows Server 2008
6 1 (0.36%) Windows Server 2012
6 1 (0.36%) Windows Server 2016
Processes & Methodologies
1 82 (29.60%) Data Protection
2 73 (26.35%) Agile Software Development
3 55 (19.86%) DevOps
4 44 (15.88%) AOP
5 29 (10.47%) Microservices
5 29 (10.47%) Migration
6 28 (10.11%) Scrum
7 24 (8.66%) Project Management
8 22 (7.94%) Analytics
8 22 (7.94%) Business Analysis
9 21 (7.58%) Infrastructure as Code
10 20 (7.22%) Computer Science
10 20 (7.22%) SDLC
11 19 (6.86%) ITIL
11 19 (6.86%) Mathematics
11 19 (6.86%) Stakeholder Management
12 18 (6.50%) Problem-Solving
12 18 (6.50%) Risk Management
13 16 (5.78%) Decision-Making
13 16 (5.78%) Test Automation
Programming Languages
1 71 (25.63%) Java
2 61 (22.02%) Python
3 58 (20.94%) SQL
4 24 (8.66%) C++
5 19 (6.86%) Java 8
6 17 (6.14%) C#
6 17 (6.14%) JavaScript
7 11 (3.97%) PowerShell
7 11 (3.97%) T-SQL
8 9 (3.25%) Groovy
9 6 (2.17%) PL/SQL
10 5 (1.81%) Perl
10 5 (1.81%) Scala
11 4 (1.44%) Shell Script
12 3 (1.08%) R
13 2 (0.72%) Apex Code
13 2 (0.72%) Bash Shell
13 2 (0.72%) C
13 2 (0.72%) HiveQL
13 2 (0.72%) TypeScript
Qualifications
1 30 (10.83%) Degree
2 18 (6.50%) Computer Science Degree
3 9 (3.25%) PMI Certification
4 6 (2.17%) PMP
5 5 (1.81%) CISSP
6 3 (1.08%) CISM
6 3 (1.08%) GIAC
7 2 (0.72%) CBAP
7 2 (0.72%) CRISC
7 2 (0.72%) ISSMP
7 2 (0.72%) ITIL Certification
7 2 (0.72%) Microsoft Certification
8 1 (0.36%) (ISC)2 CCSP
8 1 (0.36%) Cisco Certification
8 1 (0.36%) FFIEC
8 1 (0.36%) Master's Degree
8 1 (0.36%) MBA
8 1 (0.36%) MCSE
8 1 (0.36%) SC Cleared
8 1 (0.36%) Security Cleared
Quality Assurance & Compliance
1 77 (27.80%) GDPR
2 14 (5.05%) SLA
3 9 (3.25%) QA
4 8 (2.89%) NIST
5 6 (2.17%) ISO/IEC 27001
6 5 (1.81%) Data Quality
6 5 (1.81%) EMIR
7 4 (1.44%) COBIT
8 3 (1.08%) GRC
9 2 (0.72%) Basel II
9 2 (0.72%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
9 2 (0.72%) MiFID
9 2 (0.72%) NIST 800
9 2 (0.72%) PCI DSS
9 2 (0.72%) PMO
9 2 (0.72%) Sarbanes-Oxley
10 1 (0.36%) COREP
10 1 (0.36%) FINREP
10 1 (0.36%) HIPAA
10 1 (0.36%) PMBOK
System Software
1 33 (11.91%) Docker
2 21 (7.58%) Active Directory
3 2 (0.72%) VMware Infrastructure
4 1 (0.36%) KVM
4 1 (0.36%) Microsoft App-V
4 1 (0.36%) Oracle RAC
4 1 (0.36%) Veritas File System
4 1 (0.36%) Virtual Machines
4 1 (0.36%) vSphere
4 1 (0.36%) XenApp
4 1 (0.36%) XenDesktop
Systems Management
1 40 (14.44%) Kubernetes
2 24 (8.66%) Terraform
3 22 (7.94%) Ansible
4 4 (1.44%) Opscode Chef
4 4 (1.44%) Packer
4 4 (1.44%) SCCM
5 3 (1.08%) Nessus
6 2 (0.72%) Microsoft Intune
6 2 (0.72%) vRealize
6 2 (0.72%) vRealize Orchestrator
7 1 (0.36%) BladeLogic
7 1 (0.36%) Cisco CUCM
7 1 (0.36%) FortiGate
7 1 (0.36%) Kibana
7 1 (0.36%) logstash
7 1 (0.36%) Puppet
7 1 (0.36%) SCOM
7 1 (0.36%) Symantec Enterprise Vault
Vendors
1 38 (13.72%) Microsoft
2 27 (9.75%) Oracle
3 25 (9.03%) Google
4 8 (2.89%) Cisco
5 7 (2.53%) Splunk
6 6 (2.17%) AppDynamics
7 5 (1.81%) VMware
8 4 (1.44%) CA Agile Central
8 4 (1.44%) IBM
8 4 (1.44%) MuleSoft
8 4 (1.44%) ServiceNow
9 3 (1.08%) Avaya
9 3 (1.08%) Salesforce.com
9 3 (1.08%) Speakerbus
9 3 (1.08%) Symantec
10 2 (0.72%) Citrix
10 2 (0.72%) Dell
10 2 (0.72%) ION Trading
10 2 (0.72%) Sybase
10 2 (0.72%) Teradata