Period
to 23 September 2019

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 2019 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 2019
Same period 2018 Same period 2017
Rank 24 21 10
Rank change year-on-year -3 -11 +7
Contract jobs citing Banking 5,860 7,627 9,955
As % of all contract IT jobs advertised in the UK 6.66% 7.54% 10.16%
As % of the General category 16.96% 18.56% 23.06%
Number of daily rates quoted 3,880 5,224 6,981
UK median daily rate £525 £525 £501
Median daily rate % change year-on-year - +4.90% +4.27%
10th Percentile £342 £350 £325
90th Percentile £713 £713 £675
UK excluding London median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% -
Number of hourly rates quoted 48 85 46
UK median hourly rate £21.00 £18.70 £15.00
Median hourly rate % change year-on-year +12.30% +24.67% -32.20%
10th Percentile £15.47 £13.00 £12.14
90th Percentile £50.36 £26.85 £25.13
UK excluding London median hourly rate £35.00 £13.50 £13.00
% change year-on-year +159.26% +3.85% +16.51%

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 34,552 41,088 43,172
As % of all contract IT jobs advertised in the UK 39.29% 40.63% 44.07%
Number of daily rates quoted 22,103 26,663 28,433
UK median daily rate £480 £475 £450
Median daily rate % change year-on-year +1.05% +5.56% +2.86%
10th Percentile £300 £288 £275
90th Percentile £675 £675 £650
UK excluding London median daily rate £438 £425 £403
% change year-on-year +2.94% +5.59% +0.63%
Number of hourly rates quoted 949 1,113 1,067
UK median hourly rate £22.50 £21.41 £22.50
Median hourly rate % change year-on-year +5.09% -4.84% +9.76%
10th Percentile £12.48 £11.68 £11.25
90th Percentile £50.00 £48.75 £48.00
UK excluding London median hourly rate £22.50 £20.00 £22.52
% change year-on-year +12.50% -11.19% +12.60%

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 2019.

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 2019.

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 September 2019. 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 -6 5,065 £550 - 618
London -5 3,909 £550 - 462
UK excluding London -1 1,897 £450 +5.88% 196
Scotland +2 604 £450 +5.88% 32
North of England +10 488 £450 +6.51% 57
South East +4 329 £470 +4.44% 40
Yorkshire +18 231 £450 +8.11% 18
North West +3 226 £439 +3.29% 26
South West -51 156 £468 +3.89% 18
Northern Ireland +4 111 £430 +1.18% 5
Midlands -5 106 £425 +3.34% 26
East of England +45 53 £411 -3.24% 15
West Midlands +31 50 £425 +3.03% 13
East Midlands -15 48 £425 +6.25% 13
Channel Islands +2 41 £500 -2.44% 1
North East +27 31 £450 +45.16% 13
Wales -9 13 £550 +17.96% 2

For the 6 months to 23 September 2019, 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 2,937 (50.12%) Finance
2 1,791 (30.56%) Agile Software Development
3 1,296 (22.12%) Java
4 1,278 (21.81%) Investment Banking
5 975 (16.64%) SQL
6 662 (11.30%) DevOps
7 648 (11.06%) Python
8 562 (9.59%) JavaScript
8 562 (9.59%) Stakeholder Management
9 548 (9.35%) TDD
10 539 (9.20%) Windows
11 520 (8.87%) Microservices
12 500 (8.53%) AWS
13 471 (8.04%) Microsoft
14 461 (7.87%) Front Office
15 444 (7.58%) Oracle
16 423 (7.22%) C#
17 420 (7.17%) Scrum
18 410 (7.00%) Linux
19 406 (6.93%) .NET
20 385 (6.57%) Azure
21 376 (6.42%) SQL Server
22 373 (6.37%) Analytics
23 368 (6.28%) Migration
24 363 (6.19%) JIRA
24 363 (6.19%) Docker
25 361 (6.16%) Project Management
26 358 (6.11%) Test Automation
27 351 (5.99%) Retail Banking
28 349 (5.96%) Continuous Integration

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
1 190 (3.24%) Confluence
2 158 (2.70%) Apache Spark
3 77 (1.31%) SAS
4 67 (1.14%) WebSphere
5 64 (1.09%) SharePoint
6 62 (1.06%) Apache
7 54 (0.92%) IIS
8 42 (0.72%) Elasticsearch
9 40 (0.68%) MS Exchange
10 37 (0.63%) Skype for Business
11 36 (0.61%) Tomcat
12 30 (0.51%) Cloud Foundry
13 24 (0.41%) JBoss
13 24 (0.41%) Mule
14 22 (0.38%) CMS
15 19 (0.32%) nginx
16 18 (0.31%) Appian
17 17 (0.29%) Adobe Experience Manager
17 17 (0.29%) WebSphere Application Server
18 16 (0.27%) Anypoint
Applications
1 205 (3.50%) Microsoft Excel
2 172 (2.94%) Microsoft Office
3 85 (1.45%) Microsoft PowerPoint
4 41 (0.70%) MS Visio
5 32 (0.55%) Microsoft Project
6 28 (0.48%) Sketch
7 15 (0.26%) Photoshop
7 15 (0.26%) Spreadsheet
7 15 (0.26%) SPSS
8 13 (0.22%) Adobe Illustrator
9 12 (0.20%) InVision
10 11 (0.19%) Zeplin
11 9 (0.15%) Marvel
12 7 (0.12%) Flinto
13 4 (0.068%) Stata
14 3 (0.051%) Chatbot
14 3 (0.051%) OmniGraffle
15 2 (0.034%) Camtasia
15 2 (0.034%) Snagit
15 2 (0.034%) UserZoom
Business Applications
1 43 (0.73%) Dynamics CRM
2 28 (0.48%) SAP Oil and Gas
3 25 (0.43%) Temenos T24
4 23 (0.39%) Endur
5 22 (0.38%) Actimize
6 21 (0.36%) Oracle Receivables
7 16 (0.27%) Oracle General Ledger
8 15 (0.26%) Oracle Payables
8 15 (0.26%) Salesforce.com CRM
9 14 (0.24%) Oracle Assets
9 14 (0.24%) Oracle Cash Management
10 12 (0.20%) BusinessWorks
10 12 (0.20%) Oracle FAH
10 12 (0.20%) Oracle Internet Expenses
10 12 (0.20%) Oracle iProcurement
11 10 (0.17%) Oracle Procure-to-Pay
12 8 (0.14%) Oracle EBS
12 8 (0.14%) SAP FI
13 7 (0.12%) Dynamics AX
13 7 (0.12%) SAP FI/CO
Cloud Services
1 500 (8.53%) AWS
2 385 (6.57%) Azure
3 229 (3.91%) GCP
4 169 (2.88%) Office 365
5 106 (1.81%) PaaS
6 94 (1.60%) GitHub
7 90 (1.54%) OpenShift
8 88 (1.50%) SaaS
9 77 (1.31%) Power Platform
10 73 (1.25%) IaaS
11 66 (1.13%) Serverless
12 55 (0.94%) AWS Lambda
13 47 (0.80%) npm
14 32 (0.55%) AWS CloudFormation
15 31 (0.53%) Amazon S3
16 30 (0.51%) Azure Active Directory
17 28 (0.48%) Cloud Computing
18 26 (0.44%) Dynamics 365
19 23 (0.39%) Apigee
20 22 (0.38%) Slack
Communications & Networking
1 116 (1.98%) Firewall
2 72 (1.23%) DNS
3 62 (1.06%) HTTP
4 61 (1.04%) WAN
5 58 (0.99%) LAN
6 51 (0.87%) TCP/IP
7 45 (0.77%) Internet
7 45 (0.77%) Network Security
8 37 (0.63%) DHCP
8 37 (0.63%) SAN
9 34 (0.58%) Skype
10 29 (0.49%) BGP
10 29 (0.49%) Cisco Nexus
10 29 (0.49%) VPN
11 28 (0.48%) Multicast
12 27 (0.46%) FTP
13 24 (0.41%) OSPF
14 21 (0.36%) Cisco ASA
15 19 (0.32%) Wireless
16 18 (0.31%) NAS
Database & Business Intelligence
1 376 (6.42%) SQL Server
2 255 (4.35%) Big Data
3 189 (3.23%) NoSQL
4 163 (2.78%) Data Warehouse
5 160 (2.73%) Relational Database
6 152 (2.59%) Hadoop
7 124 (2.12%) SQL Server Integration Services
8 109 (1.86%) Oracle Database
9 104 (1.77%) SQL Server Reporting Services
10 97 (1.66%) MongoDB
11 81 (1.38%) PostgreSQL
12 79 (1.35%) Apache Hive
13 76 (1.30%) Power BI
14 69 (1.18%) MySQL
15 62 (1.06%) RDBMS
16 56 (0.96%) Apache Cassandra
17 51 (0.87%) Impala
18 50 (0.85%) QlikView
19 47 (0.80%) Amazon DynamoDB
20 43 (0.73%) DB2
Development Applications
1 363 (6.19%) JIRA
2 322 (5.49%) Git (software)
3 310 (5.29%) Jenkins
4 124 (2.12%) Maven
5 123 (2.10%) Selenium
6 120 (2.05%) TeamCity
7 94 (1.60%) Cucumber
8 80 (1.37%) JUnit
9 71 (1.21%) Bitbucket
9 71 (1.21%) Sonatype Nexus
10 66 (1.13%) Eclipse
11 49 (0.84%) Artifactory
12 39 (0.67%) Subversion
13 31 (0.53%) Ant
14 27 (0.46%) webpack
15 26 (0.44%) CircleCI
15 26 (0.44%) Gradle
16 25 (0.43%) Axure RP
16 25 (0.43%) Team Foundation Server
17 24 (0.41%) GitLab
General
1 2,937 (50.12%) Finance
2 1,278 (21.81%) Investment Banking
3 461 (7.87%) Front Office
4 351 (5.99%) Retail Banking
5 219 (3.74%) Financial Institution
6 215 (3.67%) Retail
7 121 (2.06%) Back Office
8 107 (1.83%) Marketing
8 107 (1.83%) Telecoms
9 105 (1.79%) Legal
10 57 (0.97%) Private Banking
11 51 (0.87%) Law
12 44 (0.75%) Public Sector
13 39 (0.67%) International Banking
14 37 (0.63%) Corporate Banking
14 37 (0.63%) Games
15 31 (0.53%) Publishing
16 19 (0.32%) Advertising
17 17 (0.29%) Billing
18 15 (0.26%) German Language
Job Titles
1 1,823 (31.11%) Developer
2 939 (16.02%) Analyst
3 559 (9.54%) Java Developer
4 511 (8.72%) Architect
5 455 (7.76%) Business Analyst
6 290 (4.95%) Project Manager
7 286 (4.88%) Senior Developer
8 230 (3.92%) Banking Analyst
9 199 (3.40%) Consultant
10 192 (3.28%) Solutions Architect
11 191 (3.26%) C# Developer
12 188 (3.21%) DevOps Engineer
13 155 (2.65%) .NET Developer
14 148 (2.53%) Python Developer
15 143 (2.44%) Senior Java Developer
16 130 (2.22%) SQL Developer
17 114 (1.95%) React Developer
18 99 (1.69%) Full Stack Developer
19 98 (1.67%) Data Analyst
20 92 (1.57%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 406 (6.93%) .NET
2 308 (5.26%) Spring
3 291 (4.97%) HTML
4 282 (4.81%) AngularJS
5 274 (4.68%) React
6 264 (4.51%) Web Services
7 255 (4.35%) Kafka
8 252 (4.30%) REST
9 232 (3.96%) Node.js
10 222 (3.79%) CSS
11 203 (3.46%) Spring Boot
12 196 (3.34%) RESTful
13 188 (3.21%) XML
14 162 (2.76%) JSON
15 126 (2.15%) HTML5
16 125 (2.13%) SOAP
17 81 (1.38%) Middleware
17 81 (1.38%) Redux
18 76 (1.30%) Hibernate
19 65 (1.11%) ASP.NET
Miscellaneous
1 347 (5.92%) Analytical Skills
2 268 (4.57%) Derivative
3 259 (4.42%) User Experience
4 227 (3.87%) Greenfield Project
5 222 (3.79%) Foreign Exchange (FX)
6 155 (2.65%) Equities
7 132 (2.25%) Mobile App
8 127 (2.17%) Fixed Income
9 114 (1.95%) Data Centre
10 107 (1.83%) Mobile Banking
11 101 (1.72%) Self-Motivation
12 93 (1.59%) Management Information System
13 89 (1.52%) Credit Risk
14 75 (1.28%) Public Cloud
15 72 (1.23%) Data Structures
15 72 (1.23%) Virtual Team
16 70 (1.19%) SWIFT
17 69 (1.18%) Equity Derivative
18 64 (1.09%) Algorithms
19 62 (1.06%) Cloud Native
Operating Systems
1 539 (9.20%) Windows
2 410 (7.00%) Linux
3 282 (4.81%) Unix
4 190 (3.24%) Windows 10
5 142 (2.42%) Windows Server
6 128 (2.18%) Windows 7
7 118 (2.01%) Android
8 92 (1.57%) Apple iOS
9 51 (0.87%) Red Hat Enterprise Linux
10 49 (0.84%) Windows Server 2012
11 44 (0.75%) Windows Server 2008
12 35 (0.60%) Solaris
13 24 (0.41%) AIX
14 18 (0.31%) CentOS
15 16 (0.27%) CoreOS
16 10 (0.17%) HPUX
17 8 (0.14%) Mac OS
17 8 (0.14%) Windows Server 2003
18 6 (0.10%) Windows 8
19 5 (0.085%) VMS
Processes & Methodologies
1 1,791 (30.56%) Agile Software Development
2 662 (11.30%) DevOps
3 562 (9.59%) Stakeholder Management
4 548 (9.35%) TDD
5 520 (8.87%) Microservices
6 420 (7.17%) Scrum
7 373 (6.37%) Analytics
8 368 (6.28%) Migration
9 361 (6.16%) Project Management
10 358 (6.11%) Test Automation
11 349 (5.96%) Continuous Integration
12 333 (5.68%) Problem-Solving
13 278 (4.74%) Fintech
14 266 (4.54%) SDLC
15 259 (4.42%) Change Management
16 251 (4.28%) Software Engineering
17 231 (3.94%) BDD
18 225 (3.84%) Business Analysis
19 205 (3.50%) Risk Management
20 204 (3.48%) ITIL
Programming Languages
1 1,296 (22.12%) Java
2 975 (16.64%) SQL
3 648 (11.06%) Python
4 562 (9.59%) JavaScript
5 423 (7.22%) C#
6 202 (3.45%) Java 8
7 183 (3.12%) Scala
8 168 (2.87%) PowerShell
9 115 (1.96%) C++
10 108 (1.84%) PL/SQL
11 93 (1.59%) TypeScript
12 89 (1.52%) VB.NET
13 88 (1.50%) VBA
14 83 (1.42%) T-SQL
15 80 (1.37%) Kotlin
16 78 (1.33%) Perl
17 71 (1.21%) C
18 64 (1.09%) Shell Script
19 63 (1.08%) Bash Shell
20 62 (1.06%) R
Qualifications
1 290 (4.95%) Degree
2 68 (1.16%) Security Cleared
3 60 (1.02%) SC Cleared
4 47 (0.80%) Cisco Certification
5 40 (0.68%) ITIL Certification
6 39 (0.67%) PMI Certification
7 38 (0.65%) PMP
8 35 (0.60%) CISSP
8 35 (0.60%) Computer Science Degree
9 27 (0.46%) PhD
10 26 (0.44%) CISM
11 25 (0.43%) Microsoft Certification
12 23 (0.39%) CCNP
13 21 (0.36%) ISTQB
13 21 (0.36%) TOGAF Certification
14 17 (0.29%) CISA
14 17 (0.29%) ISEB
15 16 (0.27%) PRINCE2 Certification
16 15 (0.26%) OCP
16 15 (0.26%) Oracle Certification
Quality Assurance & Compliance
1 184 (3.14%) QA
2 137 (2.34%) PMO
3 95 (1.62%) PSD2
4 69 (1.18%) MiFID
5 52 (0.89%) Data Quality
6 47 (0.80%) GDPR
7 45 (0.77%) SLA
8 31 (0.53%) SEPA
9 28 (0.48%) ISO/IEC 27001
10 22 (0.38%) EMIR
11 15 (0.26%) NIST
12 13 (0.22%) Basel III
12 13 (0.22%) Dodd-Frank
12 13 (0.22%) IFRS
13 11 (0.19%) IFRS 9
14 8 (0.14%) ITGC
15 7 (0.12%) NCSC
16 6 (0.10%) COREP
16 6 (0.10%) P3O
16 6 (0.10%) TARGET2
System Software
1 363 (6.19%) Docker
2 231 (3.94%) Active Directory
3 83 (1.42%) VMware Infrastructure
4 61 (1.04%) XenApp
5 60 (1.02%) XenDesktop
6 44 (0.75%) HDFS
7 33 (0.56%) Oracle RAC
7 33 (0.56%) Virtual Desktop
8 25 (0.43%) Hyper-V
9 21 (0.36%) VMware ESXi
10 18 (0.31%) Virtual Machines
11 14 (0.24%) OpenAM
12 13 (0.22%) vSphere
13 12 (0.20%) OpenDJ
14 11 (0.19%) Citrix Hypervisor
14 11 (0.19%) ProxySG
15 9 (0.15%) KVM
15 9 (0.15%) VMware NSX
16 8 (0.14%) RACF
17 7 (0.12%) OpenIDM
Systems Management
1 279 (4.76%) Kubernetes
2 206 (3.52%) Ansible
3 129 (2.20%) Terraform
4 87 (1.48%) SCCM
5 80 (1.37%) Puppet
6 35 (0.60%) Control-M
7 33 (0.56%) Opscode Chef
8 26 (0.44%) Data Guard
9 24 (0.41%) Grafana
9 24 (0.41%) Kibana
10 19 (0.32%) Single Sign-On
11 18 (0.31%) Microsoft Clustering
12 17 (0.29%) Cisco CUCM
12 17 (0.29%) Oracle RMAN
13 16 (0.27%) Microsoft Intune
14 15 (0.26%) Hadoop YARN
15 13 (0.22%) linkerd
15 13 (0.22%) SCOM
16 12 (0.20%) Perfmon
17 11 (0.19%) AirWatch
Vendors
1 471 (8.04%) Microsoft
2 444 (7.58%) Oracle
3 178 (3.04%) Google
4 150 (2.56%) IBM
5 140 (2.39%) VMware
6 128 (2.18%) Citrix
7 115 (1.96%) Cisco
8 90 (1.54%) Splunk
9 82 (1.40%) SAP
10 81 (1.38%) Red Hat
11 80 (1.37%) MuleSoft
12 74 (1.26%) Salesforce.com
13 73 (1.25%) Tableau
14 63 (1.08%) HP
15 55 (0.94%) Bloomberg
16 50 (0.85%) TIBCO
17 47 (0.80%) Adobe
18 46 (0.78%) Informatica
19 44 (0.75%) Reuters
20 41 (0.70%) Sybase