Period
to 23 April 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 April 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 Apr 2018
Same period 2017 Same period 2016
Rank 15 14 14
Rank change year-on-year -1 0 -3
Contract jobs citing Banking 8,107 7,508 9,397
As % of all contract IT jobs advertised in the UK 8.02% 8.16% 8.87%
As % of the General category 21.31% 21.45% 23.10%
Number of daily rates quoted 5,351 5,293 6,324
UK median daily rate £525 £500 £488
Median daily rate % change year-on-year +5.00% +2.56% +2.63%
10th Percentile £325 £325 £306
90th Percentile £713 £675 £663
UK excluding London median daily rate £425 £415 £419
% change year-on-year +2.41% -1.03% -0.76%
Number of hourly rates quoted 55 26 33
UK median hourly rate £16.50 £18.15 £16.06
Median hourly rate % change year-on-year -9.09% +13.05% +53.78%
10th Percentile £12.70 £13.25 £9.72
90th Percentile £70.50 £73.75 £100.00
UK excluding London median hourly rate £16.68 £17.75 £10.72
% change year-on-year -6.03% +65.58% +2.68%

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 38,043 35,002 40,678
As % of all contract IT jobs advertised in the UK 37.63% 38.04% 38.41%
Number of daily rates quoted 24,757 22,981 26,352
UK median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £288 £275 £263
90th Percentile £675 £648 £638
UK excluding London median daily rate £425 £400 £400
% change year-on-year +6.25% - -
Number of hourly rates quoted 859 872 997
UK median hourly rate £26.00 £25.00 £27.50
Median hourly rate % change year-on-year +4.00% -9.09% +21.71%
10th Percentile £12.43 £11.33 £12.00
90th Percentile £50.00 £50.00 £50.00
UK excluding London median hourly rate £25.00 £25.00 £28.00
% change year-on-year - -10.71% +5.66%

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 April 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 April 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 April 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 -3 7,257 £525 - 1,280
London -1 5,553 £550 - 1,013
UK excluding London +3 2,497 £425 +2.41% 353
Scotland +2 651 £425 +2.10% 75
North of England -4 581 £405 -3.57% 79
South East +15 548 £450 +12.50% 74
South West +5 294 £425 - 37
Yorkshire +5 283 £425 +0.59% 22
North West -17 255 £400 -0.93% 44
Midlands -4 240 £413 -4.07% 39
Northern Ireland -2 127 £431 +7.75% 4
East Midlands -10 126 £400 -8.57% 12
West Midlands +24 94 £410 +2.50% 26
North East +48 42 £300 -38.46% 13
East of England -52 38 £425 +6.25% 38
Wales -19 20 £405 +62.00% 7
Channel Islands 0 9 £513 +7.89%
Isle of Man - 1 £450 -

For the 6 months to 23 April 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 4,464 (55.06%) Finance
2 2,480 (30.59%) Agile Software Development
3 1,862 (22.97%) Java
4 1,742 (21.49%) Investment Banking
5 1,463 (18.05%) SQL
6 952 (11.74%) Stakeholder Management
7 882 (10.88%) JavaScript
8 843 (10.40%) C#
9 757 (9.34%) Scrum
10 748 (9.23%) Front Office
11 726 (8.96%) Retail Banking
12 717 (8.84%) DevOps
13 702 (8.66%) .NET
14 688 (8.49%) Linux
15 680 (8.39%) TDD
16 657 (8.10%) Python
17 641 (7.91%) Unix
18 613 (7.56%) Oracle
19 610 (7.52%) Test Automation
20 607 (7.49%) Change Management
21 604 (7.45%) Windows
22 592 (7.30%) HTML
23 577 (7.12%) Analytical Skills
24 570 (7.03%) SQL Server
25 544 (6.71%) Microsoft
26 541 (6.67%) Migration
27 540 (6.66%) Foreign Exchange (FX)
27 540 (6.66%) Problem-Solving
28 535 (6.60%) AngularJS
29 529 (6.53%) Project 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
1 210 (2.59%) Confluence
2 176 (2.17%) Apache Spark
3 165 (2.04%) WebSphere
4 117 (1.44%) Apache
5 107 (1.32%) SAS
6 99 (1.22%) SharePoint
7 94 (1.16%) Tomcat
8 91 (1.12%) Elasticsearch
9 77 (0.95%) JBoss
10 73 (0.90%) Cloud Foundry
11 50 (0.62%) IIS
12 46 (0.57%) Mule
13 38 (0.47%) WebSphere Application Server
14 37 (0.46%) CMS
15 34 (0.42%) MQSeries
16 32 (0.39%) Oracle SOA Suite
17 31 (0.38%) MS Exchange
18 26 (0.32%) Apache Pig
19 24 (0.30%) Mule ESB
19 24 (0.30%) Skype for Business
Applications
1 364 (4.49%) Microsoft Excel
2 199 (2.45%) Microsoft Office
3 133 (1.64%) Microsoft PowerPoint
4 106 (1.31%) MS Visio
5 77 (0.95%) Microsoft Project
6 36 (0.44%) Adobe Creative Suite
7 35 (0.43%) Spreadsheet
8 31 (0.38%) Photoshop
9 16 (0.20%) Adobe Illustrator
10 14 (0.17%) OmniGraffle
11 9 (0.11%) InDesign
11 9 (0.11%) InVision
12 4 (0.049%) Chatbot
12 4 (0.049%) HipChat
13 3 (0.037%) Adobe Premiere
13 3 (0.037%) InfoPath
14 2 (0.025%) GIMP
14 2 (0.025%) Open Workbench
14 2 (0.025%) UserZoom
14 2 (0.025%) UXPin
Business Applications
1 59 (0.73%) ION MarketView
2 47 (0.58%) Temenos T24
3 37 (0.46%) Dynamics CRM
4 23 (0.28%) Actimize
5 19 (0.23%) Temenos Globus
6 18 (0.22%) Summit
7 14 (0.17%) RMDS
8 12 (0.15%) Markit EDM
9 9 (0.11%) Eikon
9 9 (0.11%) Payment Gateway
9 9 (0.11%) SAP FI
10 8 (0.099%) Oracle Cash Management
10 8 (0.099%) SAP CO
10 8 (0.099%) SAP FI/CO
10 8 (0.099%) Workday HCM
11 7 (0.086%) Oracle Payables
12 6 (0.074%) Loan IQ
13 5 (0.062%) CA PPM
13 5 (0.062%) Dynamics AX
13 5 (0.062%) Misys Midas
Cloud Services
1 430 (5.30%) Amazon AWS
2 209 (2.58%) Microsoft Azure
3 85 (1.05%) npm
4 78 (0.96%) OpenShift
5 74 (0.91%) PaaS
6 68 (0.84%) GitHub
6 68 (0.84%) Office 365
7 64 (0.79%) Serverless
8 60 (0.74%) Google Cloud Platform
9 59 (0.73%) IaaS
10 41 (0.51%) Amazon EC2
11 40 (0.49%) Amazon S3
12 39 (0.48%) AWS Lambda
12 39 (0.48%) Cloud Computing
12 39 (0.48%) SaaS
13 31 (0.38%) IBM Cloud
14 27 (0.33%) Bluemix
15 18 (0.22%) AWS CloudFormation
16 17 (0.21%) Amazon CloudWatch
17 16 (0.20%) Amazon Kinesis
Communications & Networking
1 142 (1.75%) Firewall
2 105 (1.30%) Internet
3 76 (0.94%) TCP/IP
4 66 (0.81%) SMS
5 65 (0.80%) SAN
6 62 (0.76%) DNS
7 60 (0.74%) LAN
8 56 (0.69%) Network Security
9 51 (0.63%) WAN
10 45 (0.56%) SSL
11 37 (0.46%) VPN
12 36 (0.44%) HTTP
13 35 (0.43%) Skype
14 31 (0.38%) Cisco IOS
15 29 (0.36%) DHCP
16 24 (0.30%) MPLS
17 23 (0.28%) FTP
18 22 (0.27%) BGP
18 22 (0.27%) Cisco Nexus
19 21 (0.26%) OSPF
Database & Business Intelligence
1 570 (7.03%) SQL Server
2 318 (3.92%) Big Data
3 295 (3.64%) Blockchain
4 287 (3.54%) Relational Database
5 285 (3.52%) Hadoop
6 211 (2.60%) Data Warehouse
7 175 (2.16%) NoSQL
8 172 (2.12%) MongoDB
9 151 (1.86%) SQL Server Integration Services
10 139 (1.71%) DB2
10 139 (1.71%) SQL Server Reporting Services
11 132 (1.63%) RDBMS
12 104 (1.28%) Oracle Database
13 90 (1.11%) Apache Hive
14 82 (1.01%) PostgreSQL
15 79 (0.97%) MySQL
16 61 (0.75%) Apache Cassandra
17 54 (0.67%) KDB
18 48 (0.59%) Oracle Database 11g
19 46 (0.57%) Data Lake
Development Applications
1 487 (6.01%) Jenkins
2 444 (5.48%) JIRA
3 428 (5.28%) Git (software)
4 289 (3.56%) Maven
5 251 (3.10%) Selenium
6 208 (2.57%) TeamCity
7 167 (2.06%) Cucumber
8 114 (1.41%) JUnit
9 105 (1.30%) Gradle
10 87 (1.07%) Subversion
10 87 (1.07%) Visual Studio
11 69 (0.85%) Eclipse
12 63 (0.78%) Ant
13 56 (0.69%) webpack
14 53 (0.65%) Sonatype Nexus
15 50 (0.62%) Hudson
16 49 (0.60%) SonarQube
17 47 (0.58%) Team Foundation Server
18 45 (0.56%) Atlassian Bamboo
19 44 (0.54%) Bitbucket
General
1 4,464 (55.06%) Finance
2 1,742 (21.49%) Investment Banking
3 748 (9.23%) Front Office
4 726 (8.96%) Retail Banking
5 259 (3.19%) Retail
6 235 (2.90%) Financial Institution
7 153 (1.89%) Legal
8 129 (1.59%) Back Office
9 108 (1.33%) Marketing
10 100 (1.23%) Telecoms
11 95 (1.17%) Private Banking
12 67 (0.83%) Law
13 60 (0.74%) Corporate Banking
14 56 (0.69%) International Banking
15 51 (0.63%) Games
16 48 (0.59%) Advertising
17 29 (0.36%) French Language
18 24 (0.30%) Billing
18 24 (0.30%) General Ledger
19 22 (0.27%) German Language
Job Titles
1 2,683 (33.09%) Developer
2 1,645 (20.29%) Analyst
3 903 (11.14%) Java Developer
4 807 (9.95%) Business Analyst
5 555 (6.85%) Project Manager
6 492 (6.07%) Senior Developer
7 489 (6.03%) C# Developer
8 479 (5.91%) Architect
9 475 (5.86%) Banking Analyst
10 275 (3.39%) .NET Developer
11 268 (3.31%) Senior Java Developer
12 267 (3.29%) DevOps Engineer
13 247 (3.05%) Test Analyst
14 232 (2.86%) Consultant
15 192 (2.37%) Full Stack Developer
16 181 (2.23%) Banking Business Analyst
17 178 (2.20%) Solutions Architect
18 177 (2.18%) Angular Developer
19 173 (2.13%) JavaScript Developer
20 164 (2.02%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 702 (8.66%) .NET
2 592 (7.30%) HTML
3 535 (6.60%) AngularJS
4 514 (6.34%) Spring
5 407 (5.02%) CSS
6 391 (4.82%) Web Services
7 385 (4.75%) Node.js
8 363 (4.48%) HTML5
9 353 (4.35%) React
10 343 (4.23%) REST
11 314 (3.87%) RESTful
12 278 (3.43%) XML
13 237 (2.92%) ASP.NET
14 184 (2.27%) JSON
15 175 (2.16%) SOAP
16 174 (2.15%) Spring Boot
17 173 (2.13%) Hibernate
18 169 (2.08%) .NET Framework
19 158 (1.95%) J2EE
20 149 (1.84%) Kafka
Miscellaneous
1 577 (7.12%) Analytical Skills
2 540 (6.66%) Foreign Exchange (FX)
3 289 (3.56%) Fixed Income
4 278 (3.43%) User Experience
5 273 (3.37%) Derivative
6 219 (2.70%) Fintech
7 217 (2.68%) Greenfield Project
8 209 (2.58%) Computer Science
9 198 (2.44%) Equities
10 185 (2.28%) Credit Risk
11 129 (1.59%) Mobile App
12 128 (1.58%) Management Information System
13 127 (1.57%) Online Banking
14 122 (1.50%) Mainframe
15 115 (1.42%) Data Structures
16 110 (1.36%) Data Centre
17 107 (1.32%) Self-Motivation
18 102 (1.26%) SWIFT
19 92 (1.13%) Algorithms
20 84 (1.04%) Market Risk
Operating Systems
1 688 (8.49%) Linux
2 641 (7.91%) Unix
3 604 (7.45%) Windows
4 137 (1.69%) Windows Server
5 131 (1.62%) Red Hat Enterprise Linux
6 126 (1.55%) Apple iOS
7 111 (1.37%) Android
8 90 (1.11%) Windows 7
9 78 (0.96%) Solaris
10 64 (0.79%) AIX
11 62 (0.76%) Windows 10
12 55 (0.68%) Windows Server 2008
13 36 (0.44%) Windows Server 2012
14 26 (0.32%) Windows Server 2003
15 18 (0.22%) Mac OS X
15 18 (0.22%) zOS
16 15 (0.19%) Windows 8
17 13 (0.16%) Windows XP
18 10 (0.12%) SUSE
18 10 (0.12%) Windows 2000
Processes & Methodologies
1 2,480 (30.59%) Agile Software Development
2 952 (11.74%) Stakeholder Management
3 757 (9.34%) Scrum
4 717 (8.84%) DevOps
5 680 (8.39%) TDD
6 610 (7.52%) Test Automation
7 607 (7.49%) Change Management
8 541 (6.67%) Migration
9 540 (6.66%) Problem-Solving
10 529 (6.53%) Project Management
11 469 (5.79%) Continuous Integration
12 436 (5.38%) Business Analysis
13 409 (5.05%) Multithreading
14 397 (4.90%) SDLC
15 392 (4.84%) Microservices
16 364 (4.49%) Electronic Trading
17 344 (4.24%) Risk Management
18 334 (4.12%) BDD
19 316 (3.90%) Low Latency
20 276 (3.40%) Analytics
Programming Languages
1 1,862 (22.97%) Java
2 1,463 (18.05%) SQL
3 882 (10.88%) JavaScript
4 843 (10.40%) C#
5 657 (8.10%) Python
6 279 (3.44%) Java 8
7 233 (2.87%) C++
8 191 (2.36%) Bash Shell
9 169 (2.08%) VBA
10 168 (2.07%) PowerShell
11 165 (2.04%) Scala
12 157 (1.94%) Perl
13 134 (1.65%) Ruby
14 129 (1.59%) PL/SQL
15 116 (1.43%) Shell Script
16 112 (1.38%) T-SQL
17 99 (1.22%) TypeScript
18 97 (1.20%) C
19 95 (1.17%) ES6
20 66 (0.81%) PHP
Qualifications
1 351 (4.33%) Degree
2 88 (1.09%) ISTQB
3 83 (1.02%) PMP
4 82 (1.01%) ISEB
5 75 (0.93%) PMI Certification
6 66 (0.81%) CISSP
7 61 (0.75%) Computer Science Degree
8 57 (0.70%) ITIL Certification
9 53 (0.65%) Cisco Certification
10 48 (0.59%) Numerate Degree
11 44 (0.54%) PRINCE2 Certification
12 38 (0.47%) CISM
13 35 (0.43%) CCNP
13 35 (0.43%) CISA
14 33 (0.41%) Security Cleared
15 29 (0.36%) Master's Degree
16 26 (0.32%) PhD
17 23 (0.28%) ISTQB Foundation Certification
18 20 (0.25%) PRINCE2 Practitioner
19 19 (0.23%) CCIE
Quality Assurance & Compliance
1 338 (4.17%) QA
2 193 (2.38%) MiFID
3 187 (2.31%) PMO
4 127 (1.57%) GDPR
5 93 (1.15%) Data Quality
6 86 (1.06%) SLA
7 73 (0.90%) PSD2
8 68 (0.84%) EMIR
9 52 (0.64%) Dodd-Frank
10 41 (0.51%) SEPA
11 38 (0.47%) ISO/IEC 27001
12 30 (0.37%) IFRS
13 28 (0.35%) COBIT
13 28 (0.35%) PCI DSS
14 22 (0.27%) IFRS 9
14 22 (0.27%) TARGET2
15 21 (0.26%) Sarbanes-Oxley
16 20 (0.25%) GCP
16 20 (0.25%) ISO 9001
16 20 (0.25%) ISO/IEC 20000
System Software
1 306 (3.77%) Docker
2 190 (2.34%) Active Directory
3 89 (1.10%) VMware Infrastructure
4 31 (0.38%) VMware ESXi
5 28 (0.35%) HDFS
6 27 (0.33%) XenApp
7 24 (0.30%) Virtual Machines
8 22 (0.27%) Apache Flume
8 22 (0.27%) XenDesktop
9 20 (0.25%) Microsoft App-V
10 19 (0.23%) Hyper-V
11 17 (0.21%) vSphere
12 14 (0.17%) Firmware
13 13 (0.16%) Apache ZooKeeper
14 11 (0.14%) OpenAM
15 10 (0.12%) NFS
15 10 (0.12%) Virtual Desktop
15 10 (0.12%) Virtual Servers
16 9 (0.11%) SRDF
16 9 (0.11%) Veritas Volume Manager
Systems Management
1 255 (3.15%) Ansible
2 152 (1.87%) Puppet
3 143 (1.76%) Opscode Chef
4 105 (1.30%) Kubernetes
5 58 (0.72%) Terraform
6 54 (0.67%) HP Quality Center
7 47 (0.58%) SCCM
8 36 (0.44%) Single Sign-On
9 30 (0.37%) Oozie
10 23 (0.28%) ITRS Geneos
10 23 (0.28%) Nagios
11 22 (0.27%) Kibana
12 18 (0.22%) Control-M
12 18 (0.22%) Tivoli
13 17 (0.21%) Docker Swarm
14 15 (0.19%) logstash
14 15 (0.19%) Packer
15 13 (0.16%) Hadoop YARN
16 12 (0.15%) HP ALM
16 12 (0.15%) PingFederate
Vendors
1 613 (7.56%) Oracle
2 544 (6.71%) Microsoft
3 259 (3.19%) IBM
4 149 (1.84%) VMware
5 139 (1.71%) Sybase
6 133 (1.64%) Splunk
7 130 (1.60%) Cisco
8 114 (1.41%) Citrix
9 110 (1.36%) Red Hat
10 97 (1.20%) Bloomberg
11 96 (1.18%) Teradata
12 93 (1.15%) Adobe
12 93 (1.15%) HP
13 90 (1.11%) Tableau
14 87 (1.07%) TIBCO
15 83 (1.02%) Google
16 72 (0.89%) ION Trading
17 69 (0.85%) AppDynamics
18 67 (0.83%) Reuters
18 67 (0.83%) SAP