Period
to 19 January 2022

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 19 January 2022 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
19 Jan 2022
Same period 2021 Same period 2020
Rank 273 244 290
Rank change year-on-year -29 +46 -62
Contract jobs citing Financial Institution 369 160 238
As % of all contract jobs advertised in London 0.98% 0.92% 0.80%
As % of the General category 1.70% 1.60% 1.48%
Number of daily rates quoted 241 110 166
10th Percentile £375 £450 £363
25th Percentile £500 £500 £450
Median daily rate (50th Percentile) £575 £550 £525
Median % change year-on-year +4.55% +4.76% -8.70%
75th Percentile £675 £638 £622
90th Percentile £750 £675 £681
England median daily rate £550 £550 £500
% change year-on-year - +10.00% -9.09%
Number of hourly rates quoted 1 1 5
10th Percentile - - -
25th Percentile £25.75 - -
Median hourly rate £26.50 £22.00 £18.70
Median % change year-on-year +20.45% +17.65% -
75th Percentile £27.25 - -
90th Percentile - - £24.88
England median hourly rate £26.50 £12.73 £18.70
% change year-on-year +108.25% -31.95% -

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 21,680 10,017 16,116
As % of all contract IT jobs advertised in London 57.76% 57.38% 54.00%
Number of daily rates quoted 15,571 7,211 11,521
10th Percentile £375 £315 £300
25th Percentile £471 £413 £406
Median daily rate (50th Percentile) £575 £520 £513
Median % change year-on-year +10.58% +1.46% -1.44%
75th Percentile £688 £625 £625
90th Percentile £775 £713 £700
England median daily rate £525 £475 £475
% change year-on-year +10.53% - -
Number of hourly rates quoted 250 106 233
10th Percentile £16.41 £14.50 £12.44
25th Percentile £21.50 £21.25 £16.50
Median hourly rate £35.04 £27.50 £20.86
Median % change year-on-year +27.41% +31.83% +6.97%
75th Percentile £49.25 £45.63 £29.96
90th Percentile £62.50 £59.88 £52.50
England median hourly rate £19.52 £23.25 £18.70
% change year-on-year -16.04% +24.33% +1.08%

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 19 January 2022.

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 19 January 2022. 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
Jobs
Central London +26 127 £525 -12.50% 52
South London - 1 £750 - 1
Financial Institution
England

For the 6 months to 19 January 2022, 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.

1 369 (100.00%) Finance
2 148 (40.11%) Social Skills
3 144 (39.02%) GDPR
4 143 (38.75%) Legal
4 143 (38.75%) Data Protection
5 142 (38.48%) Hedge funds
6 118 (31.98%) Agile Software Development
7 97 (26.29%) Banking
8 87 (23.58%) AOP
9 86 (23.31%) AWS
10 82 (22.22%) Python
11 80 (21.68%) CI/CD
12 74 (20.05%) Java
12 74 (20.05%) Azure
13 67 (18.16%) DevOps
14 65 (17.62%) Analytical Skills
15 57 (15.45%) Linux
16 54 (14.63%) SQL
17 52 (14.09%) Kubernetes
18 51 (13.82%) Problem-Solving
18 51 (13.82%) Microsoft
19 49 (13.28%) Terraform
19 49 (13.28%) Docker
20 47 (12.74%) Jenkins
21 45 (12.20%) GCP
21 45 (12.20%) Stakeholder Management
22 44 (11.92%) Windows
23 43 (11.65%) Scrum
24 40 (10.84%) Git (software)
25 38 (10.30%) 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 19 (5.15%) Apache
1 19 (5.15%) Confluence
2 17 (4.61%) Apache Spark
3 13 (3.52%) WebSphere
4 9 (2.44%) nginx
4 9 (2.44%) SharePoint
5 8 (2.17%) Elasticsearch
5 8 (2.17%) Gunicorn
5 8 (2.17%) MTS
6 5 (1.36%) Jupyter
7 4 (1.08%) IIS
7 4 (1.08%) SAS
8 3 (0.81%) OpenStack
9 2 (0.54%) Camunda
9 2 (0.54%) Tomcat
10 1 (0.27%) Cloud Foundry
10 1 (0.27%) MS Exchange
10 1 (0.27%) SharePoint Server
Applications
1 19 (5.15%) Microsoft Excel
2 14 (3.79%) Microsoft Office
3 9 (2.44%) Microsoft PowerPoint
4 8 (2.17%) Chatbot
5 3 (0.81%) MS Visio
6 1 (0.27%) Microsoft Project
Business Applications
1 8 (2.17%) BondVision
2 4 (1.08%) RMDS
3 3 (0.81%) Cloudability
3 3 (0.81%) Eikon
3 3 (0.81%) Refinitiv Enterprise Platform
4 1 (0.27%) ION MarketView
4 1 (0.27%) Oracle BPM
4 1 (0.27%) SAP Payroll
4 1 (0.27%) SimCorp Dimension
Cloud Services
1 86 (23.31%) AWS
2 74 (20.05%) Azure
3 45 (12.20%) GCP
4 29 (7.86%) Serverless
5 27 (7.32%) GitHub
6 25 (6.78%) PaaS
7 19 (5.15%) Microsoft 365
8 16 (4.34%) AWS CloudFormation
9 13 (3.52%) Amazon S3
9 13 (3.52%) Power Platform
10 12 (3.25%) Amazon EC2
11 11 (2.98%) SaaS
12 10 (2.71%) AWS Lambda
13 9 (2.44%) Amazon SQS
13 9 (2.44%) IaaS
13 9 (2.44%) OpenShift
14 6 (1.63%) Azure Active Directory
14 6 (1.63%) Azure Data Factory
14 6 (1.63%) Azure Synapse Analytics
14 6 (1.63%) GitHub Actions
Communications & Networking
1 22 (5.96%) TCP/IP
2 20 (5.42%) DNS
3 10 (2.71%) DHCP
3 10 (2.71%) Firewall
3 10 (2.71%) VPN
4 9 (2.44%) Internet
5 7 (1.90%) Wireless
6 6 (1.63%) iSCSI
6 6 (1.63%) OSPF
7 5 (1.36%) BGP
7 5 (1.36%) Multicast
7 5 (1.36%) WAN
8 4 (1.08%) FTP
8 4 (1.08%) SAN
9 3 (0.81%) Cisco IPT
9 3 (0.81%) NAS
9 3 (0.81%) Network Security
9 3 (0.81%) NX-OS
10 2 (0.54%) HSRP
10 2 (0.54%) Skype
Database & Business Intelligence
1 30 (8.13%) Big Data
2 24 (6.50%) SQL Server
3 18 (4.88%) Data Warehouse
4 16 (4.34%) Tableau
5 15 (4.07%) Hadoop
6 14 (3.79%) Data Lake
6 14 (3.79%) Relational Database
7 12 (3.25%) MongoDB
8 11 (2.98%) BigQuery
8 11 (2.98%) NoSQL
9 10 (2.71%) Power BI
9 10 (2.71%) RDBMS
10 9 (2.44%) Amazon DynamoDB
10 9 (2.44%) Apache Ignite
11 8 (2.17%) PostgreSQL
12 7 (1.90%) Flink
13 6 (1.63%) Amazon Aurora
13 6 (1.63%) Text Mining
14 5 (1.36%) MySQL
14 5 (1.36%) OLTP
Development Applications
1 47 (12.74%) Jenkins
2 40 (10.84%) Git (software)
3 25 (6.78%) JIRA
4 19 (5.15%) Sonatype Nexus
5 14 (3.79%) Maven
6 13 (3.52%) GitLab
7 12 (3.25%) TeamCity
8 6 (1.63%) SonarQube
8 6 (1.63%) webpack
9 5 (1.36%) Bitbucket
9 5 (1.36%) Subversion
10 4 (1.08%) Cucumber
10 4 (1.08%) Selenium
10 4 (1.08%) Spinnaker
11 3 (0.81%) git-flow
11 3 (0.81%) Protractor
11 3 (0.81%) rollup.js
11 3 (0.81%) Visual Studio
12 2 (0.54%) VersionOne
13 1 (0.27%) Zephyr
General
1 369 (100.00%) Finance
2 148 (40.11%) Social Skills
3 143 (38.75%) Legal
4 97 (26.29%) Banking
5 65 (17.62%) Analytical Skills
6 25 (6.78%) Investment Banking
7 19 (5.15%) Front Office
8 11 (2.98%) Presentation Skills
9 10 (2.71%) Back Office
9 10 (2.71%) Documentation Skills
9 10 (2.71%) Retail
10 7 (1.90%) Billing
10 7 (1.90%) Organisational Skills
11 6 (1.63%) Influencing Skills
12 3 (0.81%) Corporate Banking
13 2 (0.54%) French Language
14 1 (0.27%) General Ledger
14 1 (0.27%) Manufacturing
14 1 (0.27%) Marketing
14 1 (0.27%) Retail Banking
Job Titles
1 76 (20.60%) Developer
2 50 (13.55%) Analyst
2 50 (13.55%) Architect
3 24 (6.50%) Senior Developer
4 23 (6.23%) Cloud Engineer
4 23 (6.23%) Java Developer
5 21 (5.69%) Business Analyst
6 19 (5.15%) Python Developer
7 18 (4.88%) DevOps Engineer
8 17 (4.61%) AWS Engineer
8 17 (4.61%) Azure Engineer
9 13 (3.52%) Data Engineer
9 13 (3.52%) Security Engineer
10 12 (3.25%) C++ Developer
10 12 (3.25%) Consultant
10 12 (3.25%) Platform Engineer
10 12 (3.25%) Solutions Architect
11 11 (2.98%) Senior DevOps
11 11 (2.98%) Senior DevOps Engineer
11 11 (2.98%) Software Engineer
Libraries, Frameworks & Software Standards
1 22 (5.96%) HTML
2 18 (4.88%) Pandas
3 17 (4.61%) Kafka
4 15 (4.07%) .NET
4 15 (4.07%) Spring
5 14 (3.79%) NumPy
6 13 (3.52%) WebSphere MQ
7 12 (3.25%) CSS
7 12 (3.25%) REST
8 10 (2.71%) Django
8 10 (2.71%) RESTful
9 9 (2.44%) Boost C++ Libraries
9 9 (2.44%) Flask
9 9 (2.44%) JSON
9 9 (2.44%) Spring Boot
9 9 (2.44%) STL
9 9 (2.44%) Twisted
9 9 (2.44%) ZeroMQ
10 8 (2.17%) Celery
10 8 (2.17%) React
Miscellaneous
1 142 (38.48%) Hedge funds
2 23 (6.23%) Public Cloud
3 20 (5.42%) Fixed Income
3 20 (5.42%) Self-Motivation
4 19 (5.15%) Data Centre
5 15 (4.07%) Algorithms
6 14 (3.79%) Analytical Mindset
7 12 (3.25%) Market Risk
8 10 (2.71%) Cloud Native
9 9 (2.44%) Derivative
9 9 (2.44%) Eurex
9 9 (2.44%) Virtual Team
10 7 (1.90%) Enterprise Software
10 7 (1.90%) Hybrid Cloud
10 7 (1.90%) User Experience
11 6 (1.63%) Credit Risk
11 6 (1.63%) Management Information System
12 5 (1.36%) Legacy Systems
12 5 (1.36%) SWIFT
13 4 (1.08%) Industry 4.0
Operating Systems
1 57 (15.45%) Linux
2 44 (11.92%) Windows
3 28 (7.59%) Unix
4 11 (2.98%) Windows 10
4 11 (2.98%) Windows 7
5 5 (1.36%) Oracle Linux
5 5 (1.36%) Windows Server
6 4 (1.08%) Solaris
7 3 (0.81%) CentOS
7 3 (0.81%) Red Hat Enterprise Linux
8 2 (0.54%) Windows Server 2016
8 2 (0.54%) Windows Server 2019
9 1 (0.27%) Ubuntu
9 1 (0.27%) Windows Server 2012
Processes & Methodologies
1 143 (38.75%) Data Protection
2 118 (31.98%) Agile Software Development
3 87 (23.58%) AOP
4 80 (21.68%) CI/CD
5 67 (18.16%) DevOps
6 51 (13.82%) Problem-Solving
7 45 (12.20%) Stakeholder Management
8 43 (11.65%) Scrum
9 38 (10.30%) Analytics
10 34 (9.21%) Infrastructure as Code
11 33 (8.94%) Risk Management
12 31 (8.40%) Microservices
12 31 (8.40%) Project Management
13 30 (8.13%) ITIL
14 29 (7.86%) SDLC
15 28 (7.59%) Configuration Management
16 27 (7.32%) Software Engineering
17 25 (6.78%) Business Intelligence
18 23 (6.23%) Computer Science
18 23 (6.23%) Migration
Programming Languages
1 82 (22.22%) Python
2 74 (20.05%) Java
3 54 (14.63%) SQL
4 33 (8.94%) C++
5 30 (8.13%) JavaScript
6 28 (7.59%) PowerShell
7 23 (6.23%) Bash
8 15 (4.07%) C#
8 15 (4.07%) Groovy
9 12 (3.25%) Scala
10 10 (2.71%) Shell Script
11 5 (1.36%) TypeScript
12 4 (1.08%) Apex Code
12 4 (1.08%) C
12 4 (1.08%) Java 8
12 4 (1.08%) Perl
12 4 (1.08%) R
12 4 (1.08%) Ruby
13 3 (0.81%) ES6
13 3 (0.81%) T-SQL
Qualifications
1 35 (9.49%) Degree
2 22 (5.96%) Computer Science Degree
3 10 (2.71%) Cisco Certification
4 9 (2.44%) CISSP
5 8 (2.17%) AWS Certification
5 8 (2.17%) PMI Certification
6 7 (1.90%) PMP
7 6 (1.63%) CCNP
8 4 (1.08%) (ISC)2 CCSP
8 4 (1.08%) Security Cleared
9 3 (0.81%) CCIE
9 3 (0.81%) CCNA
9 3 (0.81%) ITIL Certification
9 3 (0.81%) Microsoft Certification
10 2 (0.54%) ACCA
10 2 (0.54%) GIAC
10 2 (0.54%) ISEB
10 2 (0.54%) ISTQB
10 2 (0.54%) MCSE
10 2 (0.54%) RHCA
Quality Assurance & Compliance
1 144 (39.02%) GDPR
2 22 (5.96%) QA
3 16 (4.34%) NIST
4 13 (3.52%) SLA
5 10 (2.71%) ISO/IEC 27001
6 9 (2.44%) COBIT
7 7 (1.90%) PMO
8 6 (1.63%) Data Quality
9 4 (1.08%) EMIR
9 4 (1.08%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
10 3 (0.81%) Basel II
10 3 (0.81%) COREP
10 3 (0.81%) FINREP
10 3 (0.81%) GRC
11 2 (0.54%) ISO 20022
11 2 (0.54%) NIST 800
11 2 (0.54%) SEPA
12 1 (0.27%) IFRS
12 1 (0.27%) IFRS 9
12 1 (0.27%) PMBOK
System Software
1 49 (13.28%) Docker
2 17 (4.61%) Active Directory
3 4 (1.08%) KVM
3 4 (1.08%) VMware Infrastructure
4 2 (0.54%) Hyper-V
4 2 (0.54%) NFS
4 2 (0.54%) Virtual Desktop
4 2 (0.54%) vSphere
5 1 (0.27%) Microsoft App-V
5 1 (0.27%) Oracle RAC
5 1 (0.27%) Squid
5 1 (0.27%) Virtual Machines
5 1 (0.27%) VMware ESXi
Systems Management
1 52 (14.09%) Kubernetes
2 49 (13.28%) Terraform
3 38 (10.30%) Ansible
4 9 (2.44%) Opscode Chef
4 9 (2.44%) Puppet
5 8 (2.17%) Packer
6 7 (1.90%) Kibana
6 7 (1.90%) logstash
6 7 (1.90%) SCCM
7 6 (1.63%) Grafana
7 6 (1.63%) Prometheus
8 5 (1.36%) NetBackup
9 3 (0.81%) Istio
10 2 (0.54%) Active Directory Federation Services
10 2 (0.54%) Nessus
11 1 (0.27%) Data Guard
11 1 (0.27%) Norton AntiVirus
11 1 (0.27%) Oracle Enterprise Manager
11 1 (0.27%) SCOM
11 1 (0.27%) WSUS
Vendors
1 51 (13.82%) Microsoft
2 31 (8.40%) Oracle
3 27 (7.32%) Google
4 12 (3.25%) Bloomberg
4 12 (3.25%) Cisco
5 11 (2.98%) Databricks
6 10 (2.71%) Red Hat
6 10 (2.71%) Splunk
6 10 (2.71%) VMware
7 9 (2.44%) ION Trading
8 8 (2.17%) Tradeweb
9 7 (1.90%) AppDynamics
9 7 (1.90%) DevExpress
9 7 (1.90%) F5
9 7 (1.90%) Informatica
9 7 (1.90%) NetApp
9 7 (1.90%) SAP
9 7 (1.90%) ServiceNow
10 6 (1.63%) Alteryx
10 6 (1.63%) IBM