Period
to 15 November 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 15 November 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
15 Nov 2018
Same period 2017 Same period 2016
Rank 21 10 17
Rank change year-on-year -11 +7 -7
Contract jobs citing Banking 7,615 10,483 8,255
As % of all contract IT jobs advertised in the UK 7.31% 10.18% 7.76%
As % of the General category 20.08% 25.55% 21.31%
Number of daily rates quoted 5,255 7,269 5,815
UK median daily rate £550 £513 £500
Median daily rate % change year-on-year +7.32% +2.50% +5.26%
10th Percentile £359 £313 £313
90th Percentile £713 £675 £675
UK excluding London median daily rate £432 £413 £415
% change year-on-year +4.61% -0.60% +0.61%
Number of hourly rates quoted 73 43 17
UK median hourly rate £18.70 £15.00 £30.00
Median hourly rate % change year-on-year +24.67% -50.00% +39.53%
10th Percentile £11.17 £12.52 £13.60
90th Percentile £26.39 £26.18 £57.80
UK excluding London median hourly rate £13.00 £13.00 £29.50
% change year-on-year - -55.93% +71.01%

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 37,915 41,022 38,735
As % of all contract IT jobs advertised in the UK 36.40% 39.82% 36.41%
Number of daily rates quoted 24,831 27,133 25,723
UK median daily rate £475 £465 £450
Median daily rate % change year-on-year +2.15% +3.33% +5.88%
10th Percentile £300 £275 £263
90th Percentile £675 £656 £638
UK excluding London median daily rate £425 £412 £400
% change year-on-year +3.16% +3.00% -
Number of hourly rates quoted 844 899 955
UK median hourly rate £24.00 £25.00 £24.44
Median hourly rate % change year-on-year -4.00% +2.29% -2.24%
10th Percentile £12.45 £12.00 £11.25
90th Percentile £51.18 £47.50 £47.25
UK excluding London median hourly rate £24.50 £26.47 £25.00
% change year-on-year -7.44% +5.88% -3.85%

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 15 November 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 15 November 2018.

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 15 November 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 -14 6,736 £550 +4.76% 872
London -2 5,437 £575 +4.55% 642
UK excluding London -28 2,113 £432 +4.61% 299
Scotland -2 713 £425 +6.25% 45
North of England -30 496 £425 - 102
South West -15 300 £475 +20.25% 24
South East -108 285 £450 +9.09% 54
North West -28 267 £450 +5.88% 73
Yorkshire -27 206 £400 -6.71% 22
Midlands -45 172 £438 +9.38% 37
East Midlands +5 113 £413 - 7
Northern Ireland -2 72 £412 -0.12% 9
West Midlands -94 48 £425 +21.43% 29
Wales -6 42 £409 +16.45% 15
East of England -44 30 £429 +14.33% 13
North East +3 24 £450 +291.30% 7
Channel Islands +1 14 - -

For the 6 months to 15 November 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 3,826 (50.24%) Finance
2 2,516 (33.04%) Agile Software Development
3 1,776 (23.32%) Java
4 1,526 (20.04%) Investment Banking
5 1,283 (16.85%) SQL
6 852 (11.19%) JavaScript
7 828 (10.87%) Front Office
8 772 (10.14%) DevOps
9 724 (9.51%) Stakeholder Management
10 722 (9.48%) C#
11 697 (9.15%) Python
12 683 (8.97%) SQL Server
13 665 (8.73%) Linux
14 656 (8.61%) Microsoft
15 651 (8.55%) TDD
16 637 (8.37%) .NET
17 617 (8.10%) Windows
17 617 (8.10%) Microservices
18 615 (8.08%) Scrum
19 595 (7.81%) Oracle
20 581 (7.63%) Spring
21 568 (7.46%) Unix
22 566 (7.43%) Test Automation
23 562 (7.38%) Jenkins
24 537 (7.05%) Amazon AWS
25 513 (6.74%) HTML
26 512 (6.72%) JIRA
27 490 (6.43%) AngularJS
28 478 (6.28%) Analytical Skills
29 467 (6.13%) Node.js

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
1 260 (3.41%) Confluence
2 156 (2.05%) Apache
3 127 (1.67%) Apache Spark
4 120 (1.58%) WebSphere
5 100 (1.31%) IIS
6 99 (1.30%) SharePoint
7 89 (1.17%) SAS
8 88 (1.16%) JBoss
9 79 (1.04%) Cloud Foundry
10 76 (1.00%) Tomcat
11 71 (0.93%) Mule
12 70 (0.92%) Elasticsearch
13 55 (0.72%) WebLogic
14 43 (0.56%) CMS
15 40 (0.53%) Oracle SOA Suite
16 37 (0.49%) MS Exchange
17 24 (0.32%) NServiceBus
18 23 (0.30%) Adobe Experience Manager
19 22 (0.29%) Exchange Server 2013
20 21 (0.28%) Skype for Business
Applications
1 273 (3.59%) Microsoft Excel
2 200 (2.63%) Microsoft Office
3 113 (1.48%) Microsoft PowerPoint
4 66 (0.87%) MS Visio
5 48 (0.63%) Microsoft Project
6 47 (0.62%) InVision
7 35 (0.46%) Spreadsheet
8 19 (0.25%) UserZoom
9 16 (0.21%) Photoshop
10 15 (0.20%) Adobe Illustrator
11 13 (0.17%) Chatbot
12 8 (0.11%) SPSS
13 4 (0.053%) InfoPath
14 3 (0.039%) Acrobat
15 2 (0.026%) Adobe Premiere
15 2 (0.026%) Pixate
16 1 (0.013%) Adobe Creative Suite
16 1 (0.013%) Camtasia
16 1 (0.013%) EViews
16 1 (0.013%) LaTeX
Business Applications
1 47 (0.62%) Dynamics CRM
2 26 (0.34%) ION MarketView
3 19 (0.25%) Salesforce.com CRM
3 19 (0.25%) Temenos T24
4 12 (0.16%) Oracle Financials
5 11 (0.14%) Oracle Cash Management
6 9 (0.12%) Actimize
6 9 (0.12%) Dynamics AX
6 9 (0.12%) PeopleSoft HCM
6 9 (0.12%) PeopleSoft HRMS
7 7 (0.092%) Misys Midas
7 7 (0.092%) SAP FI
8 6 (0.079%) Eikon
8 6 (0.079%) Global One
8 6 (0.079%) Oracle General Ledger
8 6 (0.079%) Remedy ITSM
9 5 (0.066%) SAP CO
9 5 (0.066%) SAP FI/CO
9 5 (0.066%) Summit
9 5 (0.066%) thinkFolio
Cloud Services
1 537 (7.05%) Amazon AWS
2 366 (4.81%) Microsoft Azure
3 125 (1.64%) Office 365
4 111 (1.46%) PaaS
5 102 (1.34%) Google Cloud Platform
6 97 (1.27%) SaaS
7 96 (1.26%) GitHub
8 92 (1.21%) IaaS
9 82 (1.08%) npm
10 70 (0.92%) Cloud Computing
11 69 (0.91%) OpenShift
12 65 (0.85%) Apigee
13 62 (0.81%) Serverless
14 40 (0.53%) AWS CloudFormation
14 40 (0.53%) IBM Cloud
15 28 (0.37%) AWS Lambda
16 25 (0.33%) Dynamics 365
17 22 (0.29%) Sauce Labs
18 19 (0.25%) Adobe Creative Cloud
19 17 (0.22%) Amazon Kinesis
Communications & Networking
1 157 (2.06%) Firewall
2 82 (1.08%) Internet
3 63 (0.83%) HTTP
4 61 (0.80%) Network Security
5 56 (0.74%) SAN
6 55 (0.72%) WAN
7 53 (0.70%) SSL
8 52 (0.68%) LAN
9 49 (0.64%) TCP/IP
10 41 (0.54%) DNS
11 32 (0.42%) VPN
12 30 (0.39%) Skype
13 28 (0.37%) Kerberos
14 27 (0.35%) Cisco ASA
15 26 (0.34%) Cisco Nexus
16 22 (0.29%) BGP
16 22 (0.29%) OSPF
17 21 (0.28%) Wireless
18 20 (0.26%) FTP
18 20 (0.26%) MPLS
Database & Business Intelligence
1 683 (8.97%) SQL Server
2 275 (3.61%) Relational Database
3 245 (3.22%) Data Warehouse
3 245 (3.22%) MongoDB
4 227 (2.98%) NoSQL
5 200 (2.63%) SQL Server Integration Services
6 196 (2.57%) Big Data
6 196 (2.57%) Hadoop
7 168 (2.21%) SQL Server Reporting Services
8 125 (1.64%) Oracle Database
9 122 (1.60%) RDBMS
10 84 (1.10%) DB2
11 68 (0.89%) Apache Cassandra
12 65 (0.85%) Blockchain
13 64 (0.84%) MySQL
14 62 (0.81%) Apache Hive
14 62 (0.81%) PostgreSQL
15 54 (0.71%) HBase
16 52 (0.68%) SQL Server 2008
16 52 (0.68%) SQL Server Analysis Services
Development Applications
1 562 (7.38%) Jenkins
2 512 (6.72%) JIRA
3 423 (5.55%) Git (software)
4 314 (4.12%) Maven
5 216 (2.84%) Selenium
6 188 (2.47%) Cucumber
7 171 (2.25%) JUnit
8 166 (2.18%) TeamCity
9 141 (1.85%) Subversion
10 138 (1.81%) Atlassian Bamboo
11 105 (1.38%) Bitbucket
12 89 (1.17%) Gradle
12 89 (1.17%) Sonatype Nexus
13 78 (1.02%) Artifactory
14 76 (1.00%) Hudson
15 74 (0.97%) Eclipse
16 73 (0.96%) Ant
17 59 (0.77%) JMeter
18 53 (0.70%) WebDriver
19 51 (0.67%) SoapUI
General
1 3,826 (50.24%) Finance
2 1,526 (20.04%) Investment Banking
3 828 (10.87%) Front Office
4 443 (5.82%) Retail Banking
5 215 (2.82%) Financial Institution
6 177 (2.32%) Retail
7 106 (1.39%) Legal
8 103 (1.35%) Back Office
9 101 (1.33%) Marketing
9 101 (1.33%) Private Banking
10 76 (1.00%) Telecoms
11 75 (0.98%) Law
12 67 (0.88%) Corporate Banking
13 45 (0.59%) Games
14 44 (0.58%) Advertising
15 27 (0.35%) International Banking
16 24 (0.32%) Publishing
17 20 (0.26%) General Ledger
18 19 (0.25%) Spanish Language
19 18 (0.24%) Billing
Job Titles
1 2,705 (35.52%) Developer
2 1,132 (14.87%) Analyst
3 942 (12.37%) Java Developer
4 587 (7.71%) Architect
5 532 (6.99%) Business Analyst
6 439 (5.76%) Project Manager
7 437 (5.74%) Senior Developer
8 421 (5.53%) C# Developer
9 318 (4.18%) Banking Analyst
10 258 (3.39%) DevOps Engineer
11 251 (3.30%) Consultant
12 228 (2.99%) .NET Developer
13 224 (2.94%) Full Stack Developer
14 179 (2.35%) Senior Java Developer
15 178 (2.34%) Solutions Architect
16 169 (2.22%) React Developer
17 163 (2.14%) SQL Developer
18 160 (2.10%) Python Developer
19 148 (1.94%) C# .NET Developer
20 137 (1.80%) Front Office Developer
Libraries, Frameworks & Software Standards
1 637 (8.37%) .NET
2 581 (7.63%) Spring
3 513 (6.74%) HTML
4 490 (6.43%) AngularJS
5 467 (6.13%) Node.js
6 451 (5.92%) REST
7 433 (5.69%) React
8 407 (5.34%) Web Services
9 389 (5.11%) CSS
10 303 (3.98%) HTML5
11 263 (3.45%) Middleware
12 260 (3.41%) XML
13 253 (3.32%) RESTful
14 230 (3.02%) Spring Boot
15 209 (2.74%) ASP.NET
16 198 (2.60%) JSON
17 190 (2.50%) Hibernate
18 159 (2.09%) SOAP
19 158 (2.07%) J2EE
20 146 (1.92%) Kafka
Miscellaneous
1 478 (6.28%) Analytical Skills
2 417 (5.48%) Foreign Exchange (FX)
3 332 (4.36%) Fixed Income
4 323 (4.24%) Greenfield Project
5 315 (4.14%) User Experience
6 267 (3.51%) Fintech
7 258 (3.39%) Derivative
8 223 (2.93%) Equities
9 152 (2.00%) Computer Science
10 147 (1.93%) Data Centre
11 141 (1.85%) Self-Motivation
12 119 (1.56%) Mobile App
13 114 (1.50%) Credit Risk
14 100 (1.31%) Enterprise Software
15 91 (1.20%) Market Risk
16 81 (1.06%) Virtual Team
17 80 (1.05%) Hedge funds
18 78 (1.02%) Data Structures
19 76 (1.00%) Mainframe
20 75 (0.98%) Online Banking
Operating Systems
1 665 (8.73%) Linux
2 617 (8.10%) Windows
3 568 (7.46%) Unix
4 169 (2.22%) Apple iOS
5 149 (1.96%) Android
6 143 (1.88%) Windows Server
7 115 (1.51%) Red Hat Enterprise Linux
8 79 (1.04%) Solaris
9 72 (0.95%) Windows 7
10 71 (0.93%) Windows 10
11 59 (0.77%) Windows Server 2012
12 45 (0.59%) Windows Server 2008
13 26 (0.34%) zOS
14 22 (0.29%) AIX
15 17 (0.22%) Mac OS
16 10 (0.13%) Ubuntu
17 9 (0.12%) Windows 8
17 9 (0.12%) Windows Server 2003
17 9 (0.12%) Windows XP
18 6 (0.079%) SUSE Linux Enterprise Server
Processes & Methodologies
1 2,516 (33.04%) Agile Software Development
2 772 (10.14%) DevOps
3 724 (9.51%) Stakeholder Management
4 651 (8.55%) TDD
5 617 (8.10%) Microservices
6 615 (8.08%) Scrum
7 566 (7.43%) Test Automation
8 455 (5.98%) Project Management
9 445 (5.84%) Migration
10 443 (5.82%) Problem-Solving
11 438 (5.75%) Continuous Integration
12 390 (5.12%) BDD
13 356 (4.67%) Multithreading
14 347 (4.56%) SDLC
15 345 (4.53%) Analytics
16 334 (4.39%) Business Analysis
17 286 (3.76%) Software Engineering
18 283 (3.72%) Risk Management
19 274 (3.60%) Change Management
20 253 (3.32%) OO
Programming Languages
1 1,776 (23.32%) Java
2 1,283 (16.85%) SQL
3 852 (11.19%) JavaScript
4 722 (9.48%) C#
5 697 (9.15%) Python
6 277 (3.64%) Java 8
7 257 (3.37%) C++
8 197 (2.59%) PowerShell
9 145 (1.90%) T-SQL
10 139 (1.83%) Scala
11 138 (1.81%) Shell Script
12 136 (1.79%) PL/SQL
13 126 (1.65%) Bash Shell
13 126 (1.65%) Perl
14 116 (1.52%) C
15 111 (1.46%) VBA
16 110 (1.44%) TypeScript
17 102 (1.34%) Ruby
18 82 (1.08%) ES6
19 76 (1.00%) Groovy
Qualifications
1 342 (4.49%) Degree
2 79 (1.04%) CISSP
3 65 (0.85%) Computer Science Degree
4 64 (0.84%) ISEB
5 62 (0.81%) Cisco Certification
6 54 (0.71%) ISTQB
7 51 (0.67%) Security Cleared
8 50 (0.66%) ITIL Certification
9 46 (0.60%) CCNP
10 45 (0.59%) AWS Certification
11 36 (0.47%) Microsoft Certification
12 30 (0.39%) PhD
13 29 (0.38%) CCNA
14 28 (0.37%) PMP
14 28 (0.37%) SC Cleared
15 26 (0.34%) Master's Degree
16 25 (0.33%) CCIE
16 25 (0.33%) CISM
16 25 (0.33%) ITIL Foundation Certificate
16 25 (0.33%) PMI Certification
Quality Assurance & Compliance
1 311 (4.08%) QA
2 115 (1.51%) PSD2
3 103 (1.35%) PMO
4 83 (1.09%) Data Quality
5 74 (0.97%) MiFID
6 55 (0.72%) GDPR
7 48 (0.63%) SLA
8 33 (0.43%) IFRS
9 32 (0.42%) EMIR
10 27 (0.35%) PCI DSS
11 26 (0.34%) Dodd-Frank
12 24 (0.32%) ISO/IEC 27001
13 22 (0.29%) IFRS 9
14 19 (0.25%) SEPA
15 15 (0.20%) Basel III
16 14 (0.18%) Sarbanes-Oxley
17 13 (0.17%) HMG Infosec
17 13 (0.17%) HMG Security Policy Framework
17 13 (0.17%) JSP 440
18 10 (0.13%) Actionable Recommendations
System Software
1 364 (4.78%) Docker
2 181 (2.38%) Active Directory
3 104 (1.37%) VMware Infrastructure
4 34 (0.45%) vSphere
5 29 (0.38%) VMware ESXi
6 28 (0.37%) HDFS
7 22 (0.29%) OpenAM
8 21 (0.28%) XenApp
9 18 (0.24%) XenDesktop
10 14 (0.18%) Veritas Cluster Server
11 12 (0.16%) ProxySG
11 12 (0.16%) Virtual Machines
12 11 (0.14%) Virtual Desktop
13 10 (0.13%) Hyper-V
14 9 (0.12%) Apache Flume
14 9 (0.12%) Microsoft App-V
14 9 (0.12%) RACF
15 8 (0.11%) Time Sharing Option
16 7 (0.092%) Apache ZooKeeper
16 7 (0.092%) Firmware
Systems Management
1 290 (3.81%) Ansible
2 262 (3.44%) Kubernetes
3 174 (2.28%) Puppet
4 132 (1.73%) Terraform
5 120 (1.58%) Opscode Chef
6 61 (0.80%) SCCM
7 41 (0.54%) Single Sign-On
8 29 (0.38%) HP Quality Center
8 29 (0.38%) Kibana
9 24 (0.32%) Oozie
10 23 (0.30%) Tivoli
11 22 (0.29%) Control-M
11 22 (0.29%) logstash
12 21 (0.28%) ITRS Geneos
13 20 (0.26%) Rancher
14 19 (0.25%) Hadoop YARN
15 17 (0.22%) HP ALM
15 17 (0.22%) Nagios
16 15 (0.20%) Consul
16 15 (0.20%) Packer
Vendors
1 656 (8.61%) Microsoft
2 595 (7.81%) Oracle
3 242 (3.18%) IBM
4 165 (2.17%) VMware
5 140 (1.84%) Google
6 133 (1.75%) Cisco
7 123 (1.62%) Splunk
8 121 (1.59%) Red Hat
9 112 (1.47%) Citrix
10 108 (1.42%) Tableau
11 96 (1.26%) SAP
12 89 (1.17%) Sybase
13 71 (0.93%) TIBCO
14 70 (0.92%) Apple
15 69 (0.91%) HP
16 62 (0.81%) Atlassian
17 61 (0.80%) Teradata
18 59 (0.77%) Informatica
19 57 (0.75%) Adobe
20 55 (0.72%) Bloomberg