Period
to 23 September 2018

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 September 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.

Banking
UK
6 months to
23 Sep 2018
Same period 2017 Same period 2016
Rank 21 10 17
Rank change year-on-year -11 +7 -8
Contract jobs citing Banking 7,627 9,955 8,526
As % of all contract IT jobs advertised in the UK 7.54% 10.16% 7.93%
As % of the General category 20.36% 25.46% 21.65%
Number of daily rates quoted 5,224 6,981 6,003
UK median daily rate £525 £501 £480
Median daily rate % change year-on-year +4.90% +4.27% +1.05%
10th Percentile £350 £325 £313
90th Percentile £713 £675 £675
UK excluding London median daily rate £425 £413 £413
% change year-on-year +3.03% - +1.48%
Number of hourly rates quoted 85 46 20
UK median hourly rate £18.70 £15.00 £22.13
Median hourly rate % change year-on-year +24.67% -32.20% +22.92%
10th Percentile £13.00 £12.14 £9.72
90th Percentile £26.85 £25.13 £68.50
UK excluding London median hourly rate £13.50 £13.00 £11.16
% change year-on-year +3.85% +16.51% -3.77%

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 37,459 39,098 39,376
As % of all contract IT jobs advertised in the UK 37.04% 39.91% 36.64%
Number of daily rates quoted 24,475 25,802 26,278
UK median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.56% - +5.88%
10th Percentile £300 £281 £263
90th Percentile £675 £650 £638
UK excluding London median daily rate £425 £410 £400
% change year-on-year +3.66% +2.50% -
Number of hourly rates quoted 866 848 968
UK median hourly rate £23.83 £26.00 £22.92
Median hourly rate % change year-on-year -8.37% +13.43% -4.49%
10th Percentile £12.50 £12.00 £11.00
90th Percentile £50.00 £50.00 £47.50
UK excluding London median hourly rate £24.00 £27.50 £25.00
% change year-on-year -12.73% +10.00% -9.09%

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 September 2018.

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 September 2018.

Contractor hourly rate histogram for Banking in the UK

Banking
Top 18 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 September 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
England -12 6,727 £550 +4.76% 863
London -2 5,375 £550 - 599
UK excluding London -23 2,191 £425 +3.03% 336
Scotland -2 743 £425 +6.25% 58
North of England -29 498 £423 -0.59% 115
South East -65 360 £450 +9.09% 61
South West -8 285 £450 +9.09% 32
North West -34 245 £425 - 76
Yorkshire -19 222 £416 -2.06% 36
Midlands -53 164 £411 +2.81% 37
East Midlands -9 96 £400 -7.25% 14
Northern Ireland -3 70 £425 +3.03% 10
West Midlands -78 54 £413 +17.86% 23
Wales -9 42 £466 +32.83% 4
North East +4 31 £310 +45.88% 3
East of England -39 26 £425 +9.68% 20
Channel Islands -1 10 £513 -
Isle of Man - 1 £450 -

For the 6 months to 23 September 2018, IT contractor jobs citing Banking 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 with a requirement for Banking.

1 3,951 (51.80%) Finance
2 2,453 (32.16%) Agile Software Development
3 1,649 (21.62%) Java
4 1,531 (20.07%) Investment Banking
5 1,325 (17.37%) SQL
6 857 (11.24%) JavaScript
7 794 (10.41%) C#
8 777 (10.19%) Stakeholder Management
9 736 (9.65%) Front Office
10 693 (9.09%) Microsoft
11 692 (9.07%) .NET
12 690 (9.05%) DevOps
13 677 (8.88%) SQL Server
14 657 (8.61%) Scrum
15 654 (8.57%) Python
16 651 (8.54%) Linux
17 646 (8.47%) TDD
18 634 (8.31%) Windows
19 556 (7.29%) Spring
20 555 (7.28%) Oracle
21 552 (7.24%) Test Automation
22 550 (7.21%) HTML
23 549 (7.20%) Microservices
24 530 (6.95%) Unix
25 518 (6.79%) Jenkins
26 504 (6.61%) AngularJS
27 502 (6.58%) Project Management
28 498 (6.53%) JIRA
29 490 (6.42%) Amazon AWS
30 488 (6.40%) Problem-Solving

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
1 267 (3.50%) Confluence
2 141 (1.85%) Apache
3 132 (1.73%) Apache Spark
4 122 (1.60%) WebSphere
5 109 (1.43%) SharePoint
6 92 (1.21%) SAS
7 82 (1.08%) Cloud Foundry
8 77 (1.01%) IIS
9 74 (0.97%) Tomcat
10 72 (0.94%) JBoss
11 71 (0.93%) Elasticsearch
11 71 (0.93%) Mule
12 42 (0.55%) MS Exchange
13 39 (0.51%) NServiceBus
14 36 (0.47%) Oracle SOA Suite
15 34 (0.45%) CMS
15 34 (0.45%) WebLogic
16 20 (0.26%) Exchange Server 2010
16 20 (0.26%) Exchange Server 2013
17 19 (0.25%) Skype for Business
Applications
1 279 (3.66%) Microsoft Excel
2 196 (2.57%) Microsoft Office
3 129 (1.69%) Microsoft PowerPoint
4 87 (1.14%) MS Visio
5 68 (0.89%) Microsoft Project
6 44 (0.58%) InVision
7 30 (0.39%) Spreadsheet
8 20 (0.26%) Photoshop
9 16 (0.21%) Adobe Illustrator
10 10 (0.13%) Chatbot
11 8 (0.10%) Adobe Creative Suite
11 8 (0.10%) SPSS
12 5 (0.066%) InDesign
13 3 (0.039%) InfoPath
13 3 (0.039%) UserZoom
14 2 (0.026%) OmniGraffle
14 2 (0.026%) Pixate
14 2 (0.026%) UXPin
15 1 (0.013%) EViews
15 1 (0.013%) Mingle
Business Applications
1 54 (0.71%) ION MarketView
2 38 (0.50%) Dynamics CRM
3 25 (0.33%) Temenos T24
4 18 (0.24%) Salesforce.com CRM
5 16 (0.21%) Actimize
5 16 (0.21%) Oracle Financials
6 11 (0.14%) Temenos Globus
7 10 (0.13%) SAP CO
7 10 (0.13%) SAP FI
7 10 (0.13%) SAP FI/CO
8 9 (0.12%) Remedy ITSM
9 8 (0.10%) Markit EDM
9 8 (0.10%) PeopleSoft HCM
9 8 (0.10%) PeopleSoft HRMS
10 7 (0.092%) Global One
10 7 (0.092%) Oracle Cash Management
11 6 (0.079%) FLEXCUBE
11 6 (0.079%) Summit
12 5 (0.066%) Eikon
12 5 (0.066%) Oracle Payables
Cloud Services
1 490 (6.42%) Amazon AWS
2 314 (4.12%) Microsoft Azure
3 115 (1.51%) Office 365
4 102 (1.34%) GitHub
5 94 (1.23%) PaaS
6 88 (1.15%) npm
7 85 (1.11%) SaaS
8 84 (1.10%) Google Cloud Platform
9 78 (1.02%) IaaS
10 68 (0.89%) Cloud Computing
11 66 (0.87%) OpenShift
12 49 (0.64%) Serverless
13 45 (0.59%) IBM Cloud
14 33 (0.43%) AWS Lambda
15 25 (0.33%) AWS CloudFormation
16 22 (0.29%) Adobe Creative Cloud
16 22 (0.29%) Sauce Labs
17 20 (0.26%) Dynamics 365
18 19 (0.25%) Heroku
19 18 (0.24%) Amazon EC2
Communications & Networking
1 150 (1.97%) Firewall
2 86 (1.13%) Network Security
3 83 (1.09%) Internet
4 74 (0.97%) HTTP
5 61 (0.80%) SAN
6 54 (0.71%) LAN
7 53 (0.69%) WAN
8 43 (0.56%) TCP/IP
9 42 (0.55%) DNS
10 41 (0.54%) SSL
11 33 (0.43%) Kerberos
11 33 (0.43%) SMS
12 27 (0.35%) Skype
13 26 (0.34%) DHCP
13 26 (0.34%) OSPF
14 24 (0.31%) BGP
15 23 (0.30%) Cisco Nexus
15 23 (0.30%) F5 BIG-IP LTM
16 21 (0.28%) Cisco ASA
17 18 (0.24%) MPLS
Database & Business Intelligence
1 677 (8.88%) SQL Server
2 255 (3.34%) Relational Database
3 241 (3.16%) MongoDB
4 221 (2.90%) SQL Server Integration Services
5 218 (2.86%) Data Warehouse
6 211 (2.77%) Big Data
7 195 (2.56%) NoSQL
8 189 (2.48%) Hadoop
9 187 (2.45%) SQL Server Reporting Services
10 158 (2.07%) Blockchain
11 118 (1.55%) Oracle Database
12 108 (1.42%) DB2
13 85 (1.11%) RDBMS
14 84 (1.10%) PostgreSQL
15 71 (0.93%) MySQL
16 66 (0.87%) Apache Hive
17 56 (0.73%) HBase
17 56 (0.73%) SQL Server Analysis Services
18 51 (0.67%) Apache Cassandra
19 49 (0.64%) SQL Server 2008
Development Applications
1 518 (6.79%) Jenkins
2 498 (6.53%) JIRA
3 444 (5.82%) Git (software)
4 294 (3.85%) Maven
5 205 (2.69%) Selenium
6 160 (2.10%) TeamCity
7 158 (2.07%) Cucumber
8 154 (2.02%) JUnit
9 111 (1.46%) Subversion
10 102 (1.34%) Atlassian Bamboo
11 98 (1.28%) Bitbucket
12 97 (1.27%) Sonatype Nexus
13 84 (1.10%) Ant
14 83 (1.09%) Artifactory
15 68 (0.89%) Visual Studio
16 64 (0.84%) Gradle
17 62 (0.81%) webpack
18 60 (0.79%) Eclipse
18 60 (0.79%) Hudson
19 56 (0.73%) Team Foundation Server
General
1 3,951 (51.80%) Finance
2 1,531 (20.07%) Investment Banking
3 736 (9.65%) Front Office
4 484 (6.35%) Retail Banking
5 267 (3.50%) Financial Institution
6 191 (2.50%) Retail
7 124 (1.63%) Legal
8 108 (1.42%) Marketing
9 100 (1.31%) Back Office
10 95 (1.25%) Private Banking
11 87 (1.14%) Telecoms
12 77 (1.01%) Law
13 62 (0.81%) Corporate Banking
14 49 (0.64%) Advertising
15 46 (0.60%) Games
16 25 (0.33%) International Banking
16 25 (0.33%) Publishing
17 21 (0.28%) Wholesale Banking
18 19 (0.25%) General Ledger
19 18 (0.24%) Spanish Language
Job Titles
1 2,673 (35.05%) Developer
2 1,189 (15.59%) Analyst
3 862 (11.30%) Java Developer
4 572 (7.50%) Business Analyst
5 568 (7.45%) Architect
6 495 (6.49%) Project Manager
7 480 (6.29%) C# Developer
8 415 (5.44%) Senior Developer
9 335 (4.39%) Banking Analyst
10 305 (4.00%) .NET Developer
11 253 (3.32%) Consultant
12 234 (3.07%) DevOps Engineer
13 216 (2.83%) Full Stack Developer
14 210 (2.75%) C# .NET Developer
15 195 (2.56%) React Developer
16 173 (2.27%) Solutions Architect
17 159 (2.08%) Senior Java Developer
18 153 (2.01%) SQL Developer
19 148 (1.94%) Python Developer
20 142 (1.86%) Angular Developer
Libraries, Frameworks & Software Standards
1 692 (9.07%) .NET
2 556 (7.29%) Spring
3 550 (7.21%) HTML
4 504 (6.61%) AngularJS
5 471 (6.18%) Node.js
6 445 (5.83%) CSS
7 435 (5.70%) React
8 396 (5.19%) REST
9 391 (5.13%) Web Services
10 326 (4.27%) HTML5
11 280 (3.67%) RESTful
12 260 (3.41%) XML
13 256 (3.36%) ASP.NET
14 240 (3.15%) Middleware
15 200 (2.62%) WCF
16 192 (2.52%) Spring Boot
17 179 (2.35%) SOAP
18 177 (2.32%) Hibernate
18 177 (2.32%) JSON
19 168 (2.20%) J2EE
Miscellaneous
1 481 (6.31%) Analytical Skills
2 413 (5.41%) Foreign Exchange (FX)
3 343 (4.50%) Fixed Income
4 299 (3.92%) User Experience
5 284 (3.72%) Fintech
6 243 (3.19%) Greenfield Project
7 234 (3.07%) Derivative
8 183 (2.40%) Equities
9 152 (1.99%) Computer Science
10 133 (1.74%) Data Centre
10 133 (1.74%) Self-Motivation
11 107 (1.40%) Credit Risk
12 104 (1.36%) Mobile App
13 94 (1.23%) Mainframe
14 93 (1.22%) Market Risk
15 92 (1.21%) Management Information System
16 84 (1.10%) Hedge funds
16 84 (1.10%) Online Banking
17 80 (1.05%) Algorithms
18 78 (1.02%) Data Structures
Operating Systems
1 651 (8.54%) Linux
2 634 (8.31%) Windows
3 530 (6.95%) Unix
4 183 (2.40%) Apple iOS
5 135 (1.77%) Android
6 131 (1.72%) Windows Server
7 127 (1.67%) Red Hat Enterprise Linux
8 84 (1.10%) Windows 7
9 69 (0.90%) Windows 10
10 66 (0.87%) Solaris
11 50 (0.66%) Windows Server 2008
12 45 (0.59%) Windows Server 2012
13 36 (0.47%) AIX
14 30 (0.39%) zOS
15 18 (0.24%) Mac OS
16 17 (0.22%) Ubuntu
17 14 (0.18%) Windows Server 2003
17 14 (0.18%) Windows XP
18 13 (0.17%) CentOS
18 13 (0.17%) Windows 8
Processes & Methodologies
1 2,453 (32.16%) Agile Software Development
2 777 (10.19%) Stakeholder Management
3 690 (9.05%) DevOps
4 657 (8.61%) Scrum
5 646 (8.47%) TDD
6 552 (7.24%) Test Automation
7 549 (7.20%) Microservices
8 502 (6.58%) Project Management
9 488 (6.40%) Problem-Solving
10 437 (5.73%) Migration
11 423 (5.55%) Continuous Integration
12 404 (5.30%) BDD
13 401 (5.26%) Change Management
14 356 (4.67%) SDLC
15 348 (4.56%) Business Analysis
16 317 (4.16%) Multithreading
17 314 (4.12%) Analytics
18 270 (3.54%) User Acceptance Testing
19 269 (3.53%) Risk Management
20 265 (3.47%) Software Engineering
Programming Languages
1 1,649 (21.62%) Java
2 1,325 (17.37%) SQL
3 857 (11.24%) JavaScript
4 794 (10.41%) C#
5 654 (8.57%) Python
6 244 (3.20%) Java 8
7 223 (2.92%) C++
8 159 (2.08%) PowerShell
8 159 (2.08%) T-SQL
9 150 (1.97%) Bash Shell
10 133 (1.74%) Shell Script
11 123 (1.61%) TypeScript
12 119 (1.56%) Scala
13 118 (1.55%) PL/SQL
14 116 (1.52%) Perl
15 110 (1.44%) Ruby
16 102 (1.34%) VBA
17 101 (1.32%) ES6
18 97 (1.27%) C
19 73 (0.96%) PHP
Qualifications
1 330 (4.33%) Degree
2 95 (1.25%) CISSP
3 66 (0.87%) Cisco Certification
3 66 (0.87%) Computer Science Degree
4 61 (0.80%) ISEB
5 60 (0.79%) ITIL Certification
6 51 (0.67%) ISTQB
7 46 (0.60%) PMP
8 42 (0.55%) CCNP
9 37 (0.49%) Security Cleared
10 33 (0.43%) PMI Certification
11 32 (0.42%) AWS Certification
11 32 (0.42%) PRINCE2 Certification
12 31 (0.41%) CCNA
12 31 (0.41%) CISM
13 28 (0.37%) CISA
14 26 (0.34%) Microsoft Certification
15 23 (0.30%) Master's Degree
16 19 (0.25%) MCSE
16 19 (0.25%) PhD
Quality Assurance & Compliance
1 267 (3.50%) QA
2 116 (1.52%) PMO
3 105 (1.38%) PSD2
4 84 (1.10%) MiFID
5 72 (0.94%) Data Quality
6 62 (0.81%) SLA
7 59 (0.77%) GDPR
8 35 (0.46%) ISO/IEC 27001
9 30 (0.39%) EMIR
10 24 (0.31%) IFRS
10 24 (0.31%) PCI DSS
11 21 (0.28%) SEPA
12 19 (0.25%) Sarbanes-Oxley
13 18 (0.24%) Dodd-Frank
14 16 (0.21%) IFRS 9
15 15 (0.20%) COBIT
16 12 (0.16%) Basel III
17 10 (0.13%) Actionable Recommendations
17 10 (0.13%) ISO 20022
18 8 (0.10%) HMG Security Policy Framework
System Software
1 352 (4.62%) Docker
2 187 (2.45%) Active Directory
3 95 (1.25%) VMware Infrastructure
4 33 (0.43%) vSphere
5 31 (0.41%) HDFS
5 31 (0.41%) VMware ESXi
6 25 (0.33%) OpenAM
7 24 (0.31%) XenDesktop
8 22 (0.29%) XenApp
9 21 (0.28%) Virtual Machines
10 15 (0.20%) Microsoft App-V
10 15 (0.20%) ProxySG
11 14 (0.18%) Virtual Desktop
12 13 (0.17%) Hyper-V
13 12 (0.16%) Apache Flume
14 10 (0.13%) RACF
15 9 (0.12%) Apache ZooKeeper
15 9 (0.12%) Veritas Cluster Server
15 9 (0.12%) XenServer
16 8 (0.10%) Time Sharing Option
Systems Management
1 268 (3.51%) Ansible
2 206 (2.70%) Kubernetes
3 158 (2.07%) Puppet
4 114 (1.49%) Opscode Chef
5 98 (1.28%) Terraform
6 61 (0.80%) SCCM
7 45 (0.59%) Single Sign-On
8 30 (0.39%) HP Quality Center
8 30 (0.39%) Oozie
9 27 (0.35%) Hadoop YARN
10 24 (0.31%) Consul
11 21 (0.28%) Control-M
11 21 (0.28%) Kibana
12 19 (0.25%) logstash
13 17 (0.22%) Packer
13 17 (0.22%) Tivoli
14 16 (0.21%) Mesos
15 14 (0.18%) Rancher
16 13 (0.17%) ITRS Geneos
16 13 (0.17%) Systems Management Server (SMS)
Vendors
1 693 (9.09%) Microsoft
2 555 (7.28%) Oracle
3 279 (3.66%) IBM
4 159 (2.08%) VMware
5 132 (1.73%) Red Hat
6 128 (1.68%) Cisco
7 126 (1.65%) Citrix
8 114 (1.49%) Google
9 112 (1.47%) Tableau
10 110 (1.44%) Splunk
11 98 (1.28%) SAP
12 70 (0.92%) Sybase
13 68 (0.89%) Apple
13 68 (0.89%) TIBCO
14 64 (0.84%) Atlassian
15 62 (0.81%) ServiceNow
16 61 (0.80%) HP
17 60 (0.79%) Bloomberg
18 59 (0.77%) Salesforce.com
19 58 (0.76%) Teradata