Period
to 21 July 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 21 July 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
21 Jul 2018
Same period 2017 Same period 2016
Rank 20 11 15
Rank change year-on-year -9 +4 -5
Contract jobs citing Banking 7,994 9,139 9,202
As % of all contract IT jobs advertised in the UK 7.67% 9.52% 8.36%
As % of the General category 20.65% 24.15% 22.37%
Number of daily rates quoted 5,342 6,392 6,398
UK median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% -
10th Percentile £345 £325 £313
90th Percentile £725 £675 £675
UK excluding London median daily rate £425 £415 £415
% change year-on-year +2.41% - +2.47%
Number of hourly rates quoted 74 46 27
UK median hourly rate £18.70 £15.00 £18.70
Median hourly rate % change year-on-year +24.67% -19.79% +4.00%
10th Percentile £12.65 £12.52 £9.23
90th Percentile £71.88 £29.77 £56.75
UK excluding London median hourly rate £15.86 £13.00 £9.91
% change year-on-year +22.00% +31.21% -5.10%

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 38,708 37,850 41,143
As % of all contract IT jobs advertised in the UK 37.16% 39.45% 37.38%
Number of daily rates quoted 25,217 24,780 27,139
UK median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.56% - +5.88%
10th Percentile £300 £278 £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 903 894 969
UK median hourly rate £25.00 £25.00 £25.00
10th Percentile £12.35 £11.33 £11.25
90th Percentile £50.00 £50.00 £49.19
UK excluding London median hourly rate £25.00 £25.06 £27.50
% change year-on-year -0.24% -8.87% +10.00%

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 21 July 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 21 July 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 21 July 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 7,036 £550 +4.76% 1,223
London -2 5,524 £557 +1.32% 975
UK excluding London -12 2,404 £425 +2.41% 349
Scotland -2 754 £425 +6.25% 84
North of England -31 531 £411 -3.24% 83
South East -36 433 £430 +2.99% 83
South West 0 303 £450 +5.88% 17
North West -30 259 £405 -4.71% 50
Yorkshire -16 234 £425 - 24
Midlands -29 199 £419 -1.47% 38
East Midlands -11 111 £400 -8.57% 20
Northern Ireland -4 104 £431 +4.48% 11
West Midlands -44 71 £413 -2.94% 18
Wales +7 42 £513 +37.58% 4
North East +16 38 £318 -33.16% 9
East of England -41 30 £348 -13.13% 27
Channel Islands +1 14 £513 +2.50% 2
Isle of Man - 1 £450 -

For the 6 months to 21 July 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 4,288 (53.64%) Finance
2 2,542 (31.80%) Agile Software Development
3 1,779 (22.25%) Java
4 1,674 (20.94%) Investment Banking
5 1,414 (17.69%) SQL
6 967 (12.10%) JavaScript
7 857 (10.72%) Stakeholder Management
8 821 (10.27%) C#
9 777 (9.72%) Front Office
10 735 (9.19%) Scrum
10 735 (9.19%) TDD
11 721 (9.02%) .NET
12 679 (8.49%) DevOps
13 668 (8.36%) Microsoft
14 661 (8.27%) Python
15 634 (7.93%) SQL Server
16 630 (7.88%) Linux
17 621 (7.77%) HTML
18 599 (7.49%) Oracle
19 596 (7.46%) Problem-Solving
20 584 (7.31%) Windows
21 583 (7.29%) Unix
22 576 (7.21%) Test Automation
22 576 (7.21%) Analytical Skills
23 574 (7.18%) AngularJS
24 568 (7.11%) Retail Banking
25 567 (7.09%) Spring
26 515 (6.44%) Microservices
27 508 (6.35%) Project Management
27 508 (6.35%) Change Management

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
1 242 (3.03%) Confluence
2 164 (2.05%) Apache Spark
3 140 (1.75%) WebSphere
4 132 (1.65%) Apache
5 110 (1.38%) SharePoint
6 94 (1.18%) SAS
7 93 (1.16%) Tomcat
8 91 (1.14%) Elasticsearch
9 74 (0.93%) Cloud Foundry
10 72 (0.90%) JBoss
11 69 (0.86%) IIS
12 51 (0.64%) Mule
13 44 (0.55%) NServiceBus
14 39 (0.49%) Oracle SOA Suite
15 36 (0.45%) CMS
15 36 (0.45%) MS Exchange
16 26 (0.33%) Apache Pig
17 25 (0.31%) WebLogic
18 24 (0.30%) Adobe Experience Manager
19 22 (0.28%) nginx
Applications
1 307 (3.84%) Microsoft Excel
2 190 (2.38%) Microsoft Office
3 136 (1.70%) Microsoft PowerPoint
4 101 (1.26%) MS Visio
5 75 (0.94%) Microsoft Project
6 39 (0.49%) Spreadsheet
7 27 (0.34%) Photoshop
8 21 (0.26%) Adobe Creative Suite
9 20 (0.25%) Adobe Illustrator
10 18 (0.23%) InVision
11 9 (0.11%) OmniGraffle
12 8 (0.10%) InDesign
13 6 (0.075%) SPSS
14 5 (0.063%) Chatbot
15 4 (0.050%) HipChat
16 3 (0.038%) InfoPath
17 2 (0.025%) GIMP
17 2 (0.025%) Open Workbench
17 2 (0.025%) Shockwave
17 2 (0.025%) UXPin
Business Applications
1 67 (0.84%) ION MarketView
2 38 (0.48%) Dynamics CRM
3 29 (0.36%) Temenos T24
4 21 (0.26%) Actimize
5 16 (0.20%) Oracle Financials
5 16 (0.20%) Salesforce.com CRM
6 14 (0.18%) Temenos Globus
7 10 (0.13%) Markit EDM
7 10 (0.13%) SAP CO
7 10 (0.13%) SAP FI
7 10 (0.13%) SAP FI/CO
8 8 (0.10%) RMDS
9 7 (0.088%) Eikon
9 7 (0.088%) Remedy ITSM
9 7 (0.088%) Summit
10 6 (0.075%) FLEXCUBE
10 6 (0.075%) Global One
10 6 (0.075%) HFM
10 6 (0.075%) thinkFolio
11 5 (0.063%) BASE24
Cloud Services
1 468 (5.85%) Amazon AWS
2 286 (3.58%) Microsoft Azure
3 100 (1.25%) GitHub
4 99 (1.24%) npm
5 86 (1.08%) Office 365
6 77 (0.96%) Google Cloud Platform
7 75 (0.94%) PaaS
8 68 (0.85%) Serverless
9 65 (0.81%) IaaS
10 64 (0.80%) OpenShift
11 59 (0.74%) Cloud Computing
12 51 (0.64%) SaaS
13 44 (0.55%) AWS Lambda
14 41 (0.51%) IBM Cloud
15 35 (0.44%) Amazon EC2
16 34 (0.43%) Amazon S3
17 26 (0.33%) Amazon Kinesis
18 21 (0.26%) Sauce Labs
19 20 (0.25%) Heroku
20 15 (0.19%) Amazon EMR
Communications & Networking
1 142 (1.78%) Firewall
2 85 (1.06%) Internet
3 80 (1.00%) Network Security
4 74 (0.93%) HTTP
4 74 (0.93%) SAN
5 56 (0.70%) LAN
6 55 (0.69%) TCP/IP
7 52 (0.65%) SMS
7 52 (0.65%) WAN
8 51 (0.64%) DNS
9 42 (0.53%) SSL
10 29 (0.36%) Skype
11 28 (0.35%) OSPF
12 27 (0.34%) DHCP
12 27 (0.34%) Kerberos
13 26 (0.33%) Multicast
14 25 (0.31%) BGP
15 22 (0.28%) Cisco Nexus
15 22 (0.28%) F5 BIG-IP LTM
16 21 (0.26%) FTP
Database & Business Intelligence
1 634 (7.93%) SQL Server
2 301 (3.77%) Relational Database
3 288 (3.60%) Big Data
4 248 (3.10%) Blockchain
5 246 (3.08%) Hadoop
6 237 (2.96%) Data Warehouse
7 213 (2.66%) SQL Server Integration Services
8 204 (2.55%) MongoDB
9 195 (2.44%) NoSQL
10 180 (2.25%) SQL Server Reporting Services
11 138 (1.73%) DB2
12 117 (1.46%) Oracle Database
13 101 (1.26%) PostgreSQL
13 101 (1.26%) RDBMS
14 91 (1.14%) Apache Hive
15 79 (0.99%) MySQL
16 57 (0.71%) Apache Cassandra
16 57 (0.71%) SQL Server Analysis Services
17 52 (0.65%) HBase
18 51 (0.64%) Oracle Database 11g
Development Applications
1 496 (6.20%) Jenkins
2 461 (5.77%) JIRA
3 454 (5.68%) Git (software)
4 276 (3.45%) Maven
5 214 (2.68%) Selenium
6 155 (1.94%) Cucumber
7 152 (1.90%) TeamCity
8 143 (1.79%) JUnit
9 88 (1.10%) Visual Studio
10 86 (1.08%) Subversion
11 82 (1.03%) Sonatype Nexus
12 81 (1.01%) Gradle
13 77 (0.96%) Ant
14 69 (0.86%) Bitbucket
15 67 (0.84%) webpack
16 63 (0.79%) Eclipse
17 60 (0.75%) Team Foundation Server
18 59 (0.74%) gulp
19 56 (0.70%) Atlassian Bamboo
20 49 (0.61%) SonarQube
General
1 4,288 (53.64%) Finance
2 1,674 (20.94%) Investment Banking
3 777 (9.72%) Front Office
4 568 (7.11%) Retail Banking
5 261 (3.26%) Financial Institution
6 237 (2.96%) Retail
7 137 (1.71%) Legal
8 123 (1.54%) Back Office
9 111 (1.39%) Marketing
10 95 (1.19%) Telecoms
11 90 (1.13%) Private Banking
12 85 (1.06%) Law
13 63 (0.79%) Corporate Banking
14 60 (0.75%) Advertising
15 49 (0.61%) Games
16 29 (0.36%) International Banking
17 26 (0.33%) General Ledger
18 21 (0.26%) Billing
19 18 (0.23%) French Language
20 15 (0.19%) German Language
Job Titles
1 2,815 (35.21%) Developer
2 1,374 (17.19%) Analyst
3 920 (11.51%) Java Developer
4 679 (8.49%) Business Analyst
5 566 (7.08%) Architect
6 548 (6.86%) Project Manager
7 486 (6.08%) C# Developer
8 476 (5.95%) Senior Developer
9 380 (4.75%) Banking Analyst
10 328 (4.10%) .NET Developer
11 235 (2.94%) DevOps Engineer
12 228 (2.85%) React Developer
13 223 (2.79%) Consultant
14 218 (2.73%) Full Stack Developer
15 216 (2.70%) C# .NET Developer
16 207 (2.59%) Senior Java Developer
17 202 (2.53%) Solutions Architect
18 194 (2.43%) Angular Developer
19 189 (2.36%) JavaScript Developer
20 155 (1.94%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 721 (9.02%) .NET
2 621 (7.77%) HTML
3 574 (7.18%) AngularJS
4 567 (7.09%) Spring
5 489 (6.12%) Node.js
6 476 (5.95%) CSS
7 439 (5.49%) React
8 386 (4.83%) HTML5
9 377 (4.72%) Web Services
10 372 (4.65%) REST
11 286 (3.58%) RESTful
12 282 (3.53%) ASP.NET
12 282 (3.53%) XML
13 200 (2.50%) WCF
14 198 (2.48%) Middleware
15 192 (2.40%) Spring Boot
16 181 (2.26%) SOAP
17 178 (2.23%) Hibernate
18 177 (2.21%) JSON
19 176 (2.20%) CSS3
Miscellaneous
1 576 (7.21%) Analytical Skills
2 477 (5.97%) Foreign Exchange (FX)
3 335 (4.19%) Fixed Income
4 300 (3.75%) User Experience
5 296 (3.70%) Fintech
6 261 (3.26%) Derivative
7 235 (2.94%) Greenfield Project
8 200 (2.50%) Equities
9 187 (2.34%) Computer Science
10 138 (1.73%) Credit Risk
11 114 (1.43%) Data Centre
11 114 (1.43%) Self-Motivation
12 111 (1.39%) Data Structures
13 110 (1.38%) Management Information System
13 110 (1.38%) Mobile App
14 109 (1.36%) Algorithms
15 108 (1.35%) Online Banking
16 106 (1.33%) Mainframe
17 77 (0.96%) Virtual Team
18 74 (0.93%) SWIFT
Operating Systems
1 630 (7.88%) Linux
2 584 (7.31%) Windows
3 583 (7.29%) Unix
4 147 (1.84%) Apple iOS
5 119 (1.49%) Android
5 119 (1.49%) Windows Server
6 110 (1.38%) Red Hat Enterprise Linux
7 70 (0.88%) Solaris
7 70 (0.88%) Windows 7
8 66 (0.83%) Windows 10
9 55 (0.69%) Windows Server 2008
10 40 (0.50%) AIX
11 33 (0.41%) Windows Server 2012
12 22 (0.28%) zOS
13 14 (0.18%) CentOS
13 14 (0.18%) Windows Server 2003
13 14 (0.18%) Windows XP
14 13 (0.16%) Mac OS
14 13 (0.16%) Windows 8
15 11 (0.14%) Ubuntu
Processes & Methodologies
1 2,542 (31.80%) Agile Software Development
2 857 (10.72%) Stakeholder Management
3 735 (9.19%) Scrum
3 735 (9.19%) TDD
4 679 (8.49%) DevOps
5 596 (7.46%) Problem-Solving
6 576 (7.21%) Test Automation
7 515 (6.44%) Microservices
8 508 (6.35%) Change Management
8 508 (6.35%) Project Management
9 498 (6.23%) Migration
10 429 (5.37%) Continuous Integration
11 409 (5.12%) SDLC
12 395 (4.94%) Multithreading
13 392 (4.90%) BDD
14 376 (4.70%) Business Analysis
15 327 (4.09%) Electronic Trading
16 322 (4.03%) Analytics
17 295 (3.69%) MVC
18 285 (3.57%) Risk Management
Programming Languages
1 1,779 (22.25%) Java
2 1,414 (17.69%) SQL
3 967 (12.10%) JavaScript
4 821 (10.27%) C#
5 661 (8.27%) Python
6 255 (3.19%) Java 8
7 217 (2.71%) C++
8 147 (1.84%) Bash Shell
9 142 (1.78%) PowerShell
10 136 (1.70%) TypeScript
11 135 (1.69%) T-SQL
12 131 (1.64%) Scala
13 123 (1.54%) PL/SQL
14 115 (1.44%) ES6
14 115 (1.44%) Shell Script
15 114 (1.43%) Perl
16 111 (1.39%) VBA
17 106 (1.33%) Ruby
18 97 (1.21%) C
19 82 (1.03%) PHP
Qualifications
1 358 (4.48%) Degree
2 79 (0.99%) CISSP
3 68 (0.85%) Computer Science Degree
4 65 (0.81%) Cisco Certification
5 63 (0.79%) ISEB
6 61 (0.76%) ISTQB
7 60 (0.75%) ITIL Certification
8 55 (0.69%) PMP
9 41 (0.51%) CCNP
9 41 (0.51%) PMI Certification
10 36 (0.45%) CISA
10 36 (0.45%) CISM
11 34 (0.43%) PRINCE2 Certification
12 32 (0.40%) Security Cleared
13 29 (0.36%) Numerate Degree
14 25 (0.31%) CCNA
14 25 (0.31%) Microsoft Certification
15 24 (0.30%) Master's Degree
16 21 (0.26%) PhD
17 20 (0.25%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 271 (3.39%) QA
2 139 (1.74%) PMO
3 135 (1.69%) MiFID
4 103 (1.29%) Data Quality
5 97 (1.21%) PSD2
6 83 (1.04%) GDPR
7 62 (0.78%) SLA
8 54 (0.68%) EMIR
9 42 (0.53%) Dodd-Frank
10 41 (0.51%) ISO/IEC 27001
11 38 (0.48%) GCP
12 35 (0.44%) SEPA
13 31 (0.39%) PCI DSS
14 27 (0.34%) IFRS
15 21 (0.26%) Sarbanes-Oxley
16 20 (0.25%) COBIT
16 20 (0.25%) IFRS 9
17 18 (0.23%) ISO 20022
18 12 (0.15%) TARGET2
19 9 (0.11%) Actionable Recommendations
System Software
1 337 (4.22%) Docker
2 160 (2.00%) Active Directory
3 98 (1.23%) VMware Infrastructure
4 33 (0.41%) VMware ESXi
5 32 (0.40%) Virtual Machines
6 30 (0.38%) HDFS
7 24 (0.30%) Apache Flume
8 23 (0.29%) vSphere
9 22 (0.28%) OpenAM
10 19 (0.24%) XenDesktop
11 18 (0.23%) XenApp
12 15 (0.19%) Microsoft App-V
13 14 (0.18%) Apache ZooKeeper
14 12 (0.15%) Hyper-V
14 12 (0.15%) ProxySG
15 11 (0.14%) Virtual Desktop
16 10 (0.13%) NFS
17 9 (0.11%) Veritas Cluster Server
18 8 (0.10%) RACF
18 8 (0.10%) XenServer
Systems Management
1 249 (3.11%) Ansible
2 155 (1.94%) Kubernetes
3 153 (1.91%) Puppet
4 129 (1.61%) Opscode Chef
5 75 (0.94%) Terraform
6 61 (0.76%) SCCM
7 41 (0.51%) HP Quality Center
8 38 (0.48%) Oozie
9 32 (0.40%) Single Sign-On
10 26 (0.33%) Hadoop YARN
11 25 (0.31%) Consul
12 23 (0.29%) Control-M
12 23 (0.29%) Kibana
13 21 (0.26%) logstash
14 20 (0.25%) Mesos
15 19 (0.24%) Packer
16 18 (0.23%) Systems Management Server (SMS)
17 15 (0.19%) ITRS Geneos
18 13 (0.16%) Tivoli
19 11 (0.14%) Salt
Vendors
1 668 (8.36%) Microsoft
2 599 (7.49%) Oracle
3 278 (3.48%) IBM
4 153 (1.91%) VMware
5 128 (1.60%) Cisco
6 109 (1.36%) Tableau
7 108 (1.35%) Red Hat
8 107 (1.34%) Citrix
9 100 (1.25%) Splunk
10 94 (1.18%) Google
11 91 (1.14%) SAP
12 88 (1.10%) Bloomberg
12 88 (1.10%) Sybase
13 84 (1.05%) Teradata
14 77 (0.96%) TIBCO
15 75 (0.94%) Salesforce.com
16 73 (0.91%) Adobe
16 73 (0.91%) Atlassian
16 73 (0.91%) Informatica
17 70 (0.88%) HP