Period
to 18 December 2018

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 18 December 2018 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
UK > Scotland
6 months to
18 Dec 2018
Same period 2017 Same period 2016
Rank 174 170 167
Rank change year-on-year -4 -3 -16
Contract jobs citing Financial Institution 23 20 13
As % of all contract IT jobs advertised in Scotland 0.44% 0.40% 0.32%
As % of the General category 1.10% 0.93% 0.88%
Number of daily rates quoted 20 9 10
Scotland median daily rate £400 £450 £413
Median daily rate % change year-on-year -11.11% +9.09% +3.13%
10th Percentile £235 £346 £381
90th Percentile £625 £545 £550
UK median daily rate £550 £550 £475
% change year-on-year - +15.79% -2.56%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate £18.10 £15.86 £9.02
% change year-on-year +14.12% +75.93% -57.10%

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 Scotland with a requirement for common skills.

All General Skills
Scotland
Contract vacancies with a requirement for common skills 2,099 2,154 1,475
As % of all contract IT jobs advertised in Scotland 40.41% 43.18% 36.00%
Number of daily rates quoted 1,050 1,102 802
Scotland median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% - +5.26%
10th Percentile £289 £269 £263
90th Percentile £563 £538 £532
UK median daily rate £480 £475 £450
% change year-on-year +1.05% +5.56% +5.88%
Number of hourly rates quoted 37 35 23
Scotland median hourly rate £30.00 £30.00 £32.00
Median hourly rate % change year-on-year - -6.25% +1.59%
10th Percentile £12.27 £12.15 £11.86
90th Percentile £45.06 £45.50 £48.50
UK median hourly rate £24.00 £26.50 £24.41
% change year-on-year -9.43% +8.56% -4.34%

Financial Institution
Job Vacancy Trend in Scotland

Job postings citing Financial Institution as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing Financial Institution in Scotland over the 6 months to 18 December 2018.

Contractor daily rate histogram for Financial Institution in Scotland

Financial Institution
Contractor Hourly Rate Trend in Scotland

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

Contractor hourly rate trend for Financial Institution in Scotland

Financial Institution
Contract Job Locations in Scotland

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 Scotland region over the 6 months to 18 December 2018. 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
Edinburgh +7 18 £400 -11.11% 5
Glasgow -25 5 £538 +34.38% 1
Financial Institution
UK

For the 6 months to 18 December 2018, 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 Scotland region with a requirement for Financial Institution.

1 23 (100.00%) Finance
2 7 (30.43%) SQL
3 6 (26.09%) Banking
4 5 (21.74%) JavaScript
4 5 (21.74%) HTML
5 4 (17.39%) Oracle
5 4 (17.39%) Unix
5 4 (17.39%) Agile Software Development
5 4 (17.39%) Software Engineering
5 4 (17.39%) Linux Command Line
6 3 (13.04%) React
6 3 (13.04%) Microsoft Azure
6 3 (13.04%) Amazon AWS
6 3 (13.04%) NoSQL
6 3 (13.04%) Stakeholder Engagement
6 3 (13.04%) MongoDB
6 3 (13.04%) Business Analysis
6 3 (13.04%) Data Modelling
7 2 (8.70%) Microsoft
7 2 (8.70%) BusinessObjects
7 2 (8.70%) ETL
7 2 (8.70%) Data Warehouse
7 2 (8.70%) Scrum
7 2 (8.70%) Back Office
7 2 (8.70%) Asset Management
7 2 (8.70%) Data Analysis
7 2 (8.70%) Investment Banking
7 2 (8.70%) Analytics
7 2 (8.70%) Web Application Development
7 2 (8.70%) Functional Testing

Financial Institution
Co-occurring IT Skills in Scotland 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 1 (4.35%) MS Exchange
Applications
1 1 (4.35%) Microsoft Excel
1 1 (4.35%) Microsoft Office
Cloud Services
1 3 (13.04%) Amazon AWS
1 3 (13.04%) Microsoft Azure
2 2 (8.70%) PaaS
3 1 (4.35%) Amazon EMR
3 1 (4.35%) Amazon S3
3 1 (4.35%) Amazon SageMaker
3 1 (4.35%) Office 365
Communications & Networking
1 1 (4.35%) Cisco ASA
1 1 (4.35%) Firewall
1 1 (4.35%) NetScreen
Database & Business Intelligence
1 3 (13.04%) MongoDB
1 3 (13.04%) NoSQL
2 2 (8.70%) Amazon RDS
2 2 (8.70%) BusinessObjects
2 2 (8.70%) Data Warehouse
2 2 (8.70%) Hadoop
2 2 (8.70%) Oracle Database
2 2 (8.70%) Oracle Database 11g
3 1 (4.35%) Apache Cassandra
3 1 (4.35%) Data Mart
3 1 (4.35%) DataStage
3 1 (4.35%) MySQL
3 1 (4.35%) Parquet
3 1 (4.35%) RDBMS
3 1 (4.35%) Relational Database
General
1 23 (100.00%) Finance
2 6 (26.09%) Banking
3 2 (8.70%) Back Office
3 2 (8.70%) Investment Banking
4 1 (4.35%) Front Office
4 1 (4.35%) Legal
Job Titles
1 5 (21.74%) Architect
1 5 (21.74%) Developer
1 5 (21.74%) Support Engineer
2 4 (17.39%) Analyst
3 3 (13.04%) Applications Engineer
3 3 (13.04%) Applications Support
3 3 (13.04%) Applications Support Engineer
3 3 (13.04%) Business Analyst
3 3 (13.04%) Data Architect
4 2 (8.70%) Digital Architect
4 2 (8.70%) Digital Solutions Architect
4 2 (8.70%) Solutions Architect
5 1 (4.35%) 3rd Line Support
5 1 (4.35%) Java Developer
5 1 (4.35%) Report Analyst
5 1 (4.35%) Senior Developer
5 1 (4.35%) Senior Manager
5 1 (4.35%) Senior Project Manager
5 1 (4.35%) SQL Developer
5 1 (4.35%) Web Developer
Libraries, Frameworks & Software Standards
1 5 (21.74%) HTML
2 3 (13.04%) React
3 2 (8.70%) AngularJS
4 1 (4.35%) CSS
4 1 (4.35%) CSS3
4 1 (4.35%) Flash
4 1 (4.35%) HTML5
4 1 (4.35%) MEAN Stack
4 1 (4.35%) Node.js
4 1 (4.35%) Twitter Bootstrap
4 1 (4.35%) Web Services
Miscellaneous
1 4 (17.39%) Linux Command Line
2 2 (8.70%) Enterprise Software
2 2 (8.70%) Mobile App
3 1 (4.35%) Credit Risk
3 1 (4.35%) Fintech
3 1 (4.35%) Foreign Exchange (FX)
3 1 (4.35%) Self-Motivation
Operating Systems
1 4 (17.39%) Unix
Processes & Methodologies
1 4 (17.39%) Agile Software Development
1 4 (17.39%) Software Engineering
2 3 (13.04%) Business Analysis
2 3 (13.04%) Data Modelling
2 3 (13.04%) Stakeholder Engagement
3 2 (8.70%) Analytics
3 2 (8.70%) Asset Management
3 2 (8.70%) Data Analysis
3 2 (8.70%) Data Analytics
3 2 (8.70%) ETL
3 2 (8.70%) Functional Testing
3 2 (8.70%) Kanban
3 2 (8.70%) Microservices
3 2 (8.70%) Mobile Application Development
3 2 (8.70%) Scrum
3 2 (8.70%) Software Delivery
3 2 (8.70%) Wealth Management
3 2 (8.70%) Web Application Development
4 1 (4.35%) Defect Management
4 1 (4.35%) Target Operating Model
Programming Languages
1 7 (30.43%) SQL
2 5 (21.74%) JavaScript
3 1 (4.35%) Java
3 1 (4.35%) Java 8
3 1 (4.35%) VBA
Qualifications
1 1 (4.35%) MBA
Quality Assurance & Compliance
1 2 (8.70%) PA-DSS
1 2 (8.70%) PCI DSS
2 1 (4.35%) Data Quality
2 1 (4.35%) FINREP
2 1 (4.35%) FRS 29
2 1 (4.35%) IFRS
System Software
1 1 (4.35%) Active Directory
1 1 (4.35%) Hyper-V
Vendors
1 4 (17.39%) Oracle
2 2 (8.70%) Microsoft
3 1 (4.35%) Cisco
3 1 (4.35%) Citrix
3 1 (4.35%) Fortinet
3 1 (4.35%) Informatica
3 1 (4.35%) Juniper
3 1 (4.35%) Tableau
3 1 (4.35%) VMware