Period
to 23 August 2017

The table below looks at the prevalence of the term Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 August 2017 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.

Banking
UK
6 months to
23 Aug 2017
Same period 2016 Same period 2015
Rank 10 16 9
Rank change year-on-year +6 -7 +4
Contract jobs citing Banking 9651 8786 10844
As % of all contract IT jobs advertised in the UK 10.05% 8.13% 9.63%
As % of the General category 25.46% 22.13% 24.31%
Number of daily rates quoted 6753 6180 7473
UK median daily rate £513 £475 £475
Median daily rate % change year-on-year +7.89% - -
10th Percentile £330 £313 £313
90th Percentile £675 £675 £650
UK excluding London median daily rate £413 £413 £400
% change year-on-year - +3.13% -
Number of hourly rates quoted 46 21 45
UK median hourly rate £15.00 £20.00 £17.98
Median hourly rate % change year-on-year -25.00% +11.23% +2.74%
10th Percentile £12.76 £9.72 £10.04
90th Percentile £27.50 £65.00 £91.75
UK excluding London median hourly rate £13.75 £9.82 £10.44
% change year-on-year +40.09% -5.99% -34.75%

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

All General Skills
UK
Contract vacancies with a requirement for common skills 37912 39710 44614
As % of all contract IT jobs advertised in the UK 39.47% 36.73% 39.62%
Number of daily rates quoted 24886 26382 28171
UK median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% -
10th Percentile £284 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 851 960 1162
UK median hourly rate £25.50 £24.00 £22.83
Median hourly rate % change year-on-year +6.25% +5.12% +1.47%
10th Percentile £12.00 £11.25 £10.50
90th Percentile £48.75 £47.92 £49.19
UK excluding London median hourly rate £26.83 £25.00 £26.85
% change year-on-year +7.32% -6.87% +7.38%

Banking
Job Vacancy Trend

Job postings citing Banking as a percentage of all IT jobs advertised.

Job vacancy trend for Banking in the UK

Banking
Contractor Daily Rate Trend

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

Contractor daily rate trend for Banking in the UK

Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Banking over the 6 months to 23 August 2017.

Contractor daily rate histogram for Banking in the UK

Banking
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Banking in the UK

Banking
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Banking over the 6 months to 23 August 2017.

Contractor hourly rate histogram for Banking in the UK

Banking
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the UK over the 6 months to 23 August 2017. 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
England +7 8630 £525 +5.00% 918
London +2 6572 £550 +4.76% 735
UK excluding London +2 3028 £413 - 243
North of England +6 759 £425 - 69
Scotland -3 678 £400 - 52
South East +26 659 £413 -2.94% 48
North West +10 487 £425 - 41
South West +9 303 £414 +10.33% 25
Northern Ireland +5 279 £413 +73.68% 8
Midlands -2 263 £425 - 9
Yorkshire -2 254 £425 - 22
East Midlands -14 142 £450 +5.88% 2
West Midlands +12 108 £395 +0.32% 7
East of England -27 61 £400 -5.88% 29
Wales +18 31 £351 -3.18% 2
North East +39 15 £288 -28.13% 6
Channel Islands 0 12 £500 +25.00% 1

For the 6 months to 23 August 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Banking.

1 5293 (54.84%) Finance
2 2681 (27.78%) Agile Software Development
3 2674 (27.71%) Investment Banking
4 2247 (23.28%) Java
5 1643 (17.02%) SQL
6 1177 (12.20%) Front Office
7 1036 (10.73%) Retail
8 1016 (10.53%) JavaScript
9 1007 (10.43%) Stakeholder Management
10 890 (9.22%) Linux
11 856 (8.87%) Scrum
12 825 (8.55%) C#
13 824 (8.54%) Analytical Skills
14 819 (8.49%) HTML
15 804 (8.33%) TDD
16 780 (8.08%) Unix
17 768 (7.96%) SQL Server
18 752 (7.79%) Windows
19 738 (7.65%) Oracle
20 699 (7.24%) Test Automation
21 694 (7.19%) Microsoft
22 692 (7.17%) Project Management
23 679 (7.04%) Retail Banking
24 677 (7.01%) AngularJS
25 669 (6.93%) Migration
26 667 (6.91%) Foreign Exchange (FX)
27 652 (6.76%) .NET
28 632 (6.55%) Python
29 588 (6.09%) DevOps
30 567 (5.88%) Business Analysis

Banking
Co-occurring IT Skills 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
1 197 (2.04%) Apache Spark
2 190 (1.97%) Confluence
3 184 (1.91%) WebSphere
4 146 (1.51%) SAS
5 142 (1.47%) SharePoint
6 137 (1.42%) Apache
7 116 (1.20%) JBoss
8 101 (1.05%) Tomcat
9 84 (0.87%) Elasticsearch
10 77 (0.80%) Cloud Foundry
11 64 (0.66%) IIS
12 60 (0.62%) CMS
13 57 (0.59%) WebLogic
14 48 (0.50%) Skype for Business
15 44 (0.46%) MS Exchange
15 44 (0.46%) Mule
15 44 (0.46%) Oracle Coherence
16 43 (0.45%) OpenStack
17 34 (0.35%) Oracle SOA Suite
17 34 (0.35%) WebSphere Application Server
Applications
1 416 (4.31%) Microsoft Excel
2 270 (2.80%) Microsoft Office
3 152 (1.57%) Microsoft PowerPoint
4 146 (1.51%) MS Visio
5 95 (0.98%) Microsoft Project
6 33 (0.34%) Spreadsheet
7 29 (0.30%) Adobe Creative Suite
8 27 (0.28%) OmniGraffle
9 22 (0.23%) Adobe Illustrator
10 21 (0.22%) Photoshop
11 16 (0.17%) InVision
12 6 (0.062%) Adobe After Effects
13 5 (0.052%) EngageOne
13 5 (0.052%) InDesign
13 5 (0.052%) SPSS
14 3 (0.031%) FrameMaker
15 2 (0.021%) Chatbot
15 2 (0.021%) Fireworks
15 2 (0.021%) S-PLUS
16 1 (0.010%) HipChat
Business Applications
1 73 (0.76%) Dynamics CRM
2 58 (0.60%) Temenos T24
3 49 (0.51%) ION MarketView
4 47 (0.49%) SAP FI
5 45 (0.47%) SAP CO
5 45 (0.47%) SAP FI/CO
6 30 (0.31%) Salesforce.com CRM
7 26 (0.27%) Actimize
8 16 (0.17%) SAP FSCM
9 14 (0.15%) Eikon
9 14 (0.15%) Summit
10 12 (0.12%) Loan IQ
11 11 (0.11%) RMDS
12 10 (0.10%) Cognos Business Intelligence
12 10 (0.10%) thinkFolio
13 8 (0.083%) Endur
13 8 (0.083%) Pega PRPC
13 8 (0.083%) SAP FI-AP
13 8 (0.083%) SAP S/4HANA
14 7 (0.073%) Oracle ERP
Cloud Services
1 329 (3.41%) Amazon AWS
2 216 (2.24%) Microsoft Azure
3 127 (1.32%) PaaS
4 87 (0.90%) OpenShift
5 78 (0.81%) Office 365
6 54 (0.56%) Cloud Computing
7 52 (0.54%) IaaS
8 50 (0.52%) GitHub
9 30 (0.31%) SaaS
10 26 (0.27%) Azure Active Directory
11 22 (0.23%) Google Cloud Platform
12 14 (0.15%) Dynamics 365
12 14 (0.15%) IBM Blueworks
13 13 (0.13%) IBM Cloud
14 12 (0.12%) Amazon EC2
15 10 (0.10%) Bluemix
16 9 (0.093%) CloudBees
16 9 (0.093%) Force.com
16 9 (0.093%) OpenDNS
17 8 (0.083%) Amazon S3
Communications & Networking
1 153 (1.59%) Firewall
2 145 (1.50%) Internet
3 111 (1.15%) SAN
4 79 (0.82%) DNS
5 78 (0.81%) TCP/IP
6 73 (0.76%) LAN
7 70 (0.73%) LDAP
8 59 (0.61%) WAN
9 56 (0.58%) SMS
10 55 (0.57%) Network Security
11 51 (0.53%) BGP
12 50 (0.52%) VPN
13 48 (0.50%) HTTP
14 44 (0.46%) Cisco IOS
15 43 (0.45%) SSL
16 41 (0.42%) MPLS
17 40 (0.41%) EIGRP
17 40 (0.41%) OSPF
18 39 (0.40%) NAS
19 38 (0.39%) Cisco Nexus
Database & Business Intelligence
1 768 (7.96%) SQL Server
2 407 (4.22%) Big Data
3 322 (3.34%) Relational Database
4 314 (3.25%) Hadoop
5 267 (2.77%) Data Warehouse
6 231 (2.39%) NoSQL
7 208 (2.16%) MongoDB
8 148 (1.53%) RDBMS
9 146 (1.51%) SQL Server Integration Services
10 126 (1.31%) DB2
11 122 (1.26%) Oracle Database
12 120 (1.24%) SQL Server Reporting Services
13 108 (1.12%) SQL Server 2008
14 107 (1.11%) Blockchain
15 79 (0.82%) QlikView
16 75 (0.78%) Apache Cassandra
17 74 (0.77%) Apache Hive
17 74 (0.77%) MySQL
18 73 (0.76%) KDB
19 71 (0.74%) SQL Server Analysis Services
Development Applications
1 475 (4.92%) JIRA
2 463 (4.80%) Jenkins
3 433 (4.49%) Git (software)
4 239 (2.48%) Maven
5 198 (2.05%) Selenium
6 179 (1.85%) TeamCity
7 170 (1.76%) JUnit
8 150 (1.55%) Cucumber
8 150 (1.55%) Subversion
9 94 (0.97%) Gradle
10 81 (0.84%) Visual Studio
11 77 (0.80%) Sonatype Nexus
12 73 (0.76%) Eclipse
13 70 (0.73%) Team Foundation Server
14 64 (0.66%) IntelliJ
15 62 (0.64%) Jasmine
16 59 (0.61%) NUnit
17 58 (0.60%) Axure RP
18 52 (0.54%) Atlassian Bamboo
19 51 (0.53%) Bitbucket
General
1 5293 (54.84%) Finance
2 2674 (27.71%) Investment Banking
3 1177 (12.20%) Front Office
4 1036 (10.73%) Retail
5 679 (7.04%) Retail Banking
6 257 (2.66%) Financial Institution
7 204 (2.11%) Legal
8 168 (1.74%) Back Office
9 117 (1.21%) Private Banking
10 113 (1.17%) Telecoms
11 98 (1.02%) Marketing
12 89 (0.92%) Corporate Banking
13 62 (0.64%) Law
14 55 (0.57%) International Banking
15 39 (0.40%) Games
15 39 (0.40%) General Ledger
16 35 (0.36%) Wholesale Banking
17 34 (0.35%) Billing
17 34 (0.35%) Pharmaceutical
18 33 (0.34%) Advertising
Job Titles
1 3259 (33.77%) Developer
2 2168 (22.46%) Analyst
3 1226 (12.70%) Java Developer
4 1112 (11.52%) Business Analyst
5 690 (7.15%) Project Manager
6 634 (6.57%) Senior Developer
7 602 (6.24%) Architect
8 594 (6.15%) Banking Analyst
9 448 (4.64%) C# Developer
10 387 (4.01%) Consultant
11 317 (3.28%) Senior Java Developer
12 270 (2.80%) JavaScript Developer
13 258 (2.67%) .NET Developer
14 249 (2.58%) Test Analyst
15 241 (2.50%) Banking Business Analyst
16 221 (2.29%) Full Stack Developer
17 216 (2.24%) C++ Developer
18 213 (2.21%) SQL Developer
19 187 (1.94%) Angular Developer
20 186 (1.93%) Front Office Developer
Libraries, Frameworks & Software Standards
1 819 (8.49%) HTML
2 677 (7.01%) AngularJS
3 652 (6.76%) .NET
4 563 (5.83%) Spring
5 555 (5.75%) HTML5
6 540 (5.60%) CSS
7 447 (4.63%) Web Services
8 425 (4.40%) XML
9 412 (4.27%) REST
10 377 (3.91%) Node.js
11 305 (3.16%) RESTful
12 303 (3.14%) JSON
13 300 (3.11%) React
14 281 (2.91%) SOAP
15 253 (2.62%) Hibernate
16 245 (2.54%) Middleware
17 241 (2.50%) FIX Protocol
18 239 (2.48%) J2EE
19 205 (2.12%) CSS3
20 200 (2.07%) WPF
Miscellaneous
1 824 (8.54%) Analytical Skills
2 667 (6.91%) Foreign Exchange (FX)
3 479 (4.96%) Fixed Income
4 449 (4.65%) Derivative
5 438 (4.54%) Equities
6 354 (3.67%) User Experience
7 276 (2.86%) Greenfield Project
8 211 (2.19%) Credit Risk
9 209 (2.17%) Fintech
10 207 (2.14%) Computer Science
11 192 (1.99%) Management Information System
12 187 (1.94%) Mobile App
13 186 (1.93%) Virtual Team
14 184 (1.91%) Data Centre
15 171 (1.77%) Market Risk
16 158 (1.64%) Data Structures
17 131 (1.36%) Equity Derivative
18 121 (1.25%) SWIFT
19 119 (1.23%) Mobile Banking
20 109 (1.13%) Online Banking
Operating Systems
1 890 (9.22%) Linux
2 780 (8.08%) Unix
3 752 (7.79%) Windows
4 215 (2.23%) Windows Server
5 160 (1.66%) Red Hat Enterprise Linux
6 156 (1.62%) Android
7 128 (1.33%) Apple iOS
8 125 (1.30%) Windows Server 2012
9 90 (0.93%) Windows Server 2008
10 88 (0.91%) Solaris
11 71 (0.74%) Windows 7
12 42 (0.44%) AIX
13 36 (0.37%) Windows 10
14 31 (0.32%) Windows Server 2003
15 19 (0.20%) Mac OS
16 17 (0.18%) Mac OS X
16 17 (0.18%) Windows 8
17 16 (0.17%) zOS
18 9 (0.093%) SUSE Linux Enterprise Server
19 6 (0.062%) SUSE
Processes & Methodologies
1 2681 (27.78%) Agile Software Development
2 1007 (10.43%) Stakeholder Management
3 856 (8.87%) Scrum
4 804 (8.33%) TDD
5 699 (7.24%) Test Automation
6 692 (7.17%) Project Management
7 669 (6.93%) Migration
8 588 (6.09%) DevOps
9 567 (5.88%) Business Analysis
10 549 (5.69%) Multithreading
11 517 (5.36%) Change Management
12 470 (4.87%) SDLC
13 467 (4.84%) Analytics
14 453 (4.69%) OO
15 443 (4.59%) Risk Management
16 431 (4.47%) Continuous Integration
17 411 (4.26%) Data Modelling
18 405 (4.20%) User Acceptance Testing
19 394 (4.08%) Electronic Trading
20 384 (3.98%) Low Latency
Programming Languages
1 2247 (23.28%) Java
2 1643 (17.02%) SQL
3 1016 (10.53%) JavaScript
4 825 (8.55%) C#
5 632 (6.55%) Python
6 469 (4.86%) C++
7 235 (2.43%) Scala
8 220 (2.28%) Perl
9 207 (2.14%) VBA
10 203 (2.10%) PowerShell
11 164 (1.70%) Shell Script
12 142 (1.47%) Ruby
13 135 (1.40%) C
14 133 (1.38%) PL/SQL
15 132 (1.37%) T-SQL
16 118 (1.22%) TypeScript
17 97 (1.01%) Bash Shell
18 66 (0.68%) R
19 58 (0.60%) VB
20 55 (0.57%) ES6
Qualifications
1 496 (5.14%) Degree
2 107 (1.11%) ISEB
3 94 (0.97%) Computer Science Degree
4 85 (0.88%) Cisco Certification
5 83 (0.86%) CISSP
6 77 (0.80%) PMI Certification
7 69 (0.71%) PMP
8 68 (0.70%) ISTQB
9 67 (0.69%) Numerate Degree
10 63 (0.65%) CCNP
11 50 (0.52%) CISM
12 48 (0.50%) Master's Degree
13 46 (0.48%) CCIE
13 46 (0.48%) Security Cleared
14 44 (0.46%) PhD
15 39 (0.40%) ITIL Certification
15 39 (0.40%) Microsoft Certification
16 35 (0.36%) PRINCE2 Certification
17 32 (0.33%) SC Cleared
18 31 (0.32%) CISA
Quality Assurance & Compliance
1 400 (4.14%) MiFID
2 280 (2.90%) QA
3 225 (2.33%) PMO
4 107 (1.11%) EMIR
5 101 (1.05%) Data Quality
6 89 (0.92%) GDPR
7 87 (0.90%) SLA
8 77 (0.80%) Dodd-Frank
9 63 (0.65%) IFRS
10 57 (0.59%) IFRS 9
11 48 (0.50%) SEPA
12 38 (0.39%) Sarbanes-Oxley
13 37 (0.38%) ISO/IEC 27001
14 31 (0.32%) FATCA
14 31 (0.32%) PCI DSS
15 27 (0.28%) COBIT
16 18 (0.19%) Basel III
16 18 (0.19%) ISO 20022
17 13 (0.13%) Basel II
17 13 (0.13%) FINREP
System Software
1 263 (2.73%) Active Directory
2 182 (1.89%) Docker
3 118 (1.22%) VMware Infrastructure
4 45 (0.47%) HDFS
5 31 (0.32%) vSphere
6 30 (0.31%) Apache Flume
7 28 (0.29%) VMware ESXi
8 27 (0.28%) XenApp
9 25 (0.26%) Hyper-V
9 25 (0.26%) XenDesktop
10 21 (0.22%) Virtual Machines
11 18 (0.19%) Oracle RAC
12 17 (0.18%) NFS
13 16 (0.17%) Apache ZooKeeper
14 11 (0.11%) vCloud
15 9 (0.093%) Microsoft App-V
15 9 (0.093%) Virtual Servers
16 8 (0.083%) DFS Replication
16 8 (0.083%) Platform Symphony
17 7 (0.073%) ProxySG
Systems Management
1 186 (1.93%) Ansible
2 144 (1.49%) Puppet
3 116 (1.20%) Opscode Chef
4 56 (0.58%) SCCM
5 54 (0.56%) HP Quality Center
6 41 (0.42%) Kubernetes
7 39 (0.40%) ITRS Geneos
8 33 (0.34%) Control-M
8 33 (0.34%) NetBackup
9 31 (0.32%) Cisco CUCM
10 25 (0.26%) Oozie
10 25 (0.26%) Terraform
11 24 (0.25%) Kibana
11 24 (0.25%) Nagios
12 23 (0.24%) Tivoli
13 19 (0.20%) Hadoop YARN
14 17 (0.18%) logstash
14 17 (0.18%) TIBCO Hawk
14 17 (0.18%) vCenter Server
14 17 (0.18%) vRealize
Vendors
1 738 (7.65%) Oracle
2 694 (7.19%) Microsoft
3 282 (2.92%) IBM
4 222 (2.30%) Sybase
5 217 (2.25%) VMware
6 189 (1.96%) Cisco
7 174 (1.80%) Red Hat
8 148 (1.53%) Citrix
9 138 (1.43%) TIBCO
10 133 (1.38%) Splunk
11 126 (1.31%) SAP
12 123 (1.27%) Bloomberg
13 118 (1.22%) HP
14 99 (1.03%) Salesforce.com
15 97 (1.01%) ServiceNow
16 93 (0.96%) Reuters
17 90 (0.93%) ION Trading
18 89 (0.92%) Murex
19 78 (0.81%) Google
20 77 (0.80%) Informatica