Period
to 25 May 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 25 May 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
25 May 2019
Same period 2018 Same period 2017
Rank 22 16 13
Rank change year-on-year -6 -3 +2
Contract jobs citing Banking 6,608 7,921 7,768
As % of all contract IT jobs advertised in the UK 7.21% 7.80% 8.59%
As % of the General category 20.18% 20.90% 22.33%
Number of daily rates quoted 4,373 5,276 5,484
UK median daily rate £538 £525 £515
Median daily rate % change year-on-year +2.38% +1.94% +7.01%
10th Percentile £358 £334 £325
90th Percentile £711 £713 £675
UK excluding London median daily rate £450 £425 £415
% change year-on-year +5.88% +2.41% -0.30%
Number of hourly rates quoted 74 66 35
UK median hourly rate £19.50 £16.98 £15.00
Median hourly rate % change year-on-year +14.87% +13.17% -6.57%
10th Percentile £13.12 £12.50 £12.71
90th Percentile £36.47 £70.63 £50.91
UK excluding London median hourly rate £13.75 £16.50 £13.75
% change year-on-year -16.67% +20.00% +31.70%

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 32,741 37,891 34,784
As % of all contract IT jobs advertised in the UK 35.73% 37.33% 38.47%
Number of daily rates quoted 21,308 24,714 22,806
UK median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £306 £295 £275
90th Percentile £675 £675 £650
UK excluding London median daily rate £440 £425 £403
% change year-on-year +3.53% +5.46% +0.75%
Number of hourly rates quoted 742 867 892
UK median hourly rate £29.18 £26.22 £25.00
Median hourly rate % change year-on-year +11.31% +4.86% -9.09%
10th Percentile £12.75 £12.33 £11.33
90th Percentile £51.23 £51.34 £51.25
UK excluding London median hourly rate £32.59 £25.00 £25.00
% change year-on-year +30.36% - -11.50%

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 25 May 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 25 May 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 25 May 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 -4 5,778 £550 +4.76% 507
London -4 4,448 £563 +2.27% 357
UK excluding London -8 2,100 £450 +5.88% 208
Scotland +4 693 £450 +5.88% 52
North of England +8 558 £450 +12.50% 61
South East -31 320 £476 +10.70% 31
North West +10 271 £448 +11.88% 26
Yorkshire +3 258 £450 +7.78% 24
South West -23 257 £513 +20.59% 21
Midlands -21 149 £425 +3.03% 27
East Midlands +8 86 £389 -2.81% 11
West Midlands -24 54 £444 +8.23% 16
Northern Ireland -4 47 £338 -21.69% 2
Channel Islands +3 33 - - 2
East of England +5 31 £425 +13.33% 10
North East +3 29 £343 +14.17% 11
Wales -6 17 £360 -12.73% 1

For the 6 months to 25 May 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 3,368 (50.97%) Finance
2 2,028 (30.69%) Agile Software Development
3 1,433 (21.69%) Java
4 1,256 (19.01%) Investment Banking
5 1,027 (15.54%) SQL
6 718 (10.87%) DevOps
7 675 (10.21%) JavaScript
8 636 (9.62%) Python
9 615 (9.31%) Amazon AWS
10 611 (9.25%) Stakeholder Management
11 569 (8.61%) Microservices
12 529 (8.01%) Windows
13 518 (7.84%) TDD
14 508 (7.69%) Front Office
14 508 (7.69%) Scrum
15 482 (7.29%) C#
16 480 (7.26%) .NET
17 465 (7.04%) Oracle
18 457 (6.92%) Retail Banking
19 447 (6.76%) Microsoft
20 439 (6.64%) SQL Server
20 439 (6.64%) Test Automation
21 433 (6.55%) Linux
22 432 (6.54%) JIRA
23 423 (6.40%) Problem-Solving
24 417 (6.31%) Jenkins
25 416 (6.30%) Spring
26 413 (6.25%) Project Management
27 405 (6.13%) Analytical Skills
28 399 (6.04%) HTML

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
1 246 (3.72%) Confluence
2 159 (2.41%) Apache Spark
3 119 (1.80%) WebSphere
4 88 (1.33%) SAS
5 87 (1.32%) Apache
6 70 (1.06%) SharePoint
7 69 (1.04%) Tomcat
8 55 (0.83%) IIS
9 52 (0.79%) JBoss
9 52 (0.79%) WebLogic
10 46 (0.70%) Elasticsearch
11 43 (0.65%) Mule
12 41 (0.62%) Cloud Foundry
13 35 (0.53%) Oracle Coherence
14 33 (0.50%) Skype for Business
15 29 (0.44%) WebSphere Application Server
16 26 (0.39%) MS Exchange
17 25 (0.38%) CMS
18 22 (0.33%) nginx
19 18 (0.27%) GlassFish
Applications
1 209 (3.16%) Microsoft Excel
2 164 (2.48%) Microsoft Office
3 80 (1.21%) Microsoft PowerPoint
4 49 (0.74%) MS Visio
5 38 (0.58%) Sketch
6 37 (0.56%) Microsoft Project
7 19 (0.29%) Spreadsheet
8 18 (0.27%) InVision
9 15 (0.23%) Photoshop
10 14 (0.21%) Adobe Illustrator
11 11 (0.17%) Marvel
11 11 (0.17%) Zeplin
12 4 (0.061%) Flinto
12 4 (0.061%) InDesign
12 4 (0.061%) OmniGraffle
12 4 (0.061%) SPSS
13 3 (0.045%) Acrobat
13 3 (0.045%) Adobe Premiere
13 3 (0.045%) Blender
13 3 (0.045%) Stata
Business Applications
1 44 (0.67%) Dynamics CRM
2 33 (0.50%) Actimize
3 18 (0.27%) Distributed Ledger
4 17 (0.26%) Endur
5 13 (0.20%) SAP Oil and Gas
6 10 (0.15%) Salesforce.com CRM
6 10 (0.15%) SAP S/4HANA
7 9 (0.14%) Temenos T24
8 8 (0.12%) Payment Gateway
8 8 (0.12%) SAP FI
9 7 (0.11%) Dynamics AX
9 7 (0.11%) Eikon
10 6 (0.091%) BASE24
10 6 (0.091%) BusinessWorks
10 6 (0.091%) Markit EDM
10 6 (0.091%) Oracle Procure-to-Pay
10 6 (0.091%) SAP CO
10 6 (0.091%) SAP FI/CO
10 6 (0.091%) Workday HCM
11 5 (0.076%) Summit
Cloud Services
1 615 (9.31%) Amazon AWS
2 393 (5.95%) Microsoft Azure
3 216 (3.27%) Google Cloud Platform
4 173 (2.62%) Office 365
5 137 (2.07%) SaaS
6 114 (1.73%) PaaS
7 83 (1.26%) IaaS
8 80 (1.21%) Serverless
9 74 (1.12%) GitHub
9 74 (1.12%) Power Platform
10 59 (0.89%) AWS Lambda
11 54 (0.82%) OpenShift
12 53 (0.80%) Apigee
12 53 (0.80%) Cloud Computing
12 53 (0.80%) npm
13 42 (0.64%) AWS CloudFormation
14 28 (0.42%) Azure Active Directory
15 17 (0.26%) Slack
16 16 (0.24%) Stackdriver
17 13 (0.20%) Amazon EC2
Communications & Networking
1 119 (1.80%) Firewall
2 75 (1.13%) DNS
3 61 (0.92%) WAN
4 55 (0.83%) LAN
5 53 (0.80%) HTTP
6 50 (0.76%) Internet
7 46 (0.70%) Network Security
8 45 (0.68%) TCP/IP
9 43 (0.65%) SAN
10 42 (0.64%) BGP
11 41 (0.62%) VPN
12 37 (0.56%) DHCP
12 37 (0.56%) Multicast
13 33 (0.50%) Skype
14 32 (0.48%) OSPF
15 28 (0.42%) FTP
15 28 (0.42%) SSL
16 26 (0.39%) Cisco Nexus
17 23 (0.35%) Unified Communications
18 20 (0.30%) Cisco IOS
Database & Business Intelligence
1 439 (6.64%) SQL Server
2 263 (3.98%) Big Data
3 219 (3.31%) NoSQL
4 213 (3.22%) Relational Database
5 182 (2.75%) Data Warehouse
6 170 (2.57%) Hadoop
7 151 (2.29%) MongoDB
8 111 (1.68%) Apache Cassandra
9 106 (1.60%) SQL Server Integration Services
10 92 (1.39%) Oracle Database
11 89 (1.35%) Apache Hive
12 85 (1.29%) MySQL
13 79 (1.20%) SQL Server Reporting Services
14 76 (1.15%) RDBMS
15 73 (1.10%) DB2
15 73 (1.10%) Power BI
16 56 (0.85%) PostgreSQL
17 45 (0.68%) HBase
18 38 (0.58%) Data Lake
19 36 (0.54%) SQL Server Analysis Services
Development Applications
1 432 (6.54%) JIRA
2 417 (6.31%) Jenkins
3 308 (4.66%) Git (software)
4 184 (2.78%) Maven
5 144 (2.18%) Selenium
6 143 (2.16%) Bitbucket
7 120 (1.82%) Cucumber
8 114 (1.73%) JUnit
9 93 (1.41%) TeamCity
10 72 (1.09%) Eclipse
11 57 (0.86%) Gradle
12 56 (0.85%) Sonatype Nexus
13 52 (0.79%) Subversion
14 42 (0.64%) Hudson
15 38 (0.58%) Pylint
15 38 (0.58%) Sourcetree
16 37 (0.56%) Visual Studio
17 36 (0.54%) Atlassian Bamboo
18 35 (0.53%) gulp
19 34 (0.51%) SoapUI
General
1 3,368 (50.97%) Finance
2 1,256 (19.01%) Investment Banking
3 508 (7.69%) Front Office
4 457 (6.92%) Retail Banking
5 284 (4.30%) Financial Institution
6 216 (3.27%) Retail
7 131 (1.98%) Back Office
8 104 (1.57%) Legal
9 97 (1.47%) Marketing
10 85 (1.29%) Law
11 71 (1.07%) Private Banking
12 65 (0.98%) Telecoms
13 53 (0.80%) Games
14 37 (0.56%) Corporate Banking
15 26 (0.39%) International Banking
15 26 (0.39%) Wholesale Banking
16 23 (0.35%) Advertising
17 22 (0.33%) Publishing
18 21 (0.32%) French Language
19 17 (0.26%) General Ledger
Job Titles
1 1,931 (29.22%) Developer
2 1,066 (16.13%) Analyst
3 638 (9.65%) Java Developer
4 624 (9.44%) Architect
5 549 (8.31%) Business Analyst
6 415 (6.28%) Project Manager
7 260 (3.93%) Banking Analyst
8 257 (3.89%) Senior Developer
9 234 (3.54%) Solutions Architect
10 230 (3.48%) Consultant
11 221 (3.34%) DevOps Engineer
12 211 (3.19%) C# Developer
13 195 (2.95%) .NET Developer
14 141 (2.13%) Python Developer
15 137 (2.07%) SQL Developer
16 134 (2.03%) Designer
17 125 (1.89%) Full Stack Developer
18 124 (1.88%) Senior Java Developer
19 123 (1.86%) Test Analyst
20 121 (1.83%) React Developer
Libraries, Frameworks & Software Standards
1 480 (7.26%) .NET
2 416 (6.30%) Spring
3 399 (6.04%) HTML
4 373 (5.64%) Web Services
5 350 (5.30%) REST
6 348 (5.27%) React
7 307 (4.65%) Node.js
8 302 (4.57%) CSS
9 275 (4.16%) AngularJS
10 261 (3.95%) RESTful
11 225 (3.40%) XML
12 213 (3.22%) Spring Boot
13 194 (2.94%) HTML5
14 188 (2.85%) JSON
15 166 (2.51%) Kafka
16 148 (2.24%) Middleware
16 148 (2.24%) SOAP
17 137 (2.07%) Redux
18 116 (1.76%) ASP.NET
19 101 (1.53%) Hibernate
Miscellaneous
1 405 (6.13%) Analytical Skills
2 287 (4.34%) Fintech
3 285 (4.31%) User Experience
4 284 (4.30%) Greenfield Project
5 243 (3.68%) Foreign Exchange (FX)
6 233 (3.53%) Derivative
7 179 (2.71%) Fixed Income
8 138 (2.09%) Equities
9 129 (1.95%) Self-Motivation
10 126 (1.91%) Mobile App
11 108 (1.63%) Credit Risk
12 106 (1.60%) Mobile Banking
13 103 (1.56%) Data Centre
14 102 (1.54%) Management Information System
15 98 (1.48%) SWIFT
16 84 (1.27%) Virtual Team
17 78 (1.18%) Data Structures
18 73 (1.10%) Enterprise Software
19 65 (0.98%) Algorithms
19 65 (0.98%) Equity Derivative
Operating Systems
1 529 (8.01%) Windows
2 433 (6.55%) Linux
3 329 (4.98%) Unix
4 147 (2.22%) Windows 10
5 138 (2.09%) Windows Server
6 109 (1.65%) Windows 7
7 97 (1.47%) Android
7 97 (1.47%) Apple iOS
8 73 (1.10%) Red Hat Enterprise Linux
9 46 (0.70%) Windows Server 2012
10 38 (0.58%) Windows Server 2008
11 36 (0.54%) Solaris
12 14 (0.21%) AIX
13 12 (0.18%) Mac OS
14 10 (0.15%) zOS
15 8 (0.12%) Windows Server 2003
16 7 (0.11%) CentOS
16 7 (0.11%) CoreOS
16 7 (0.11%) Windows 8
17 6 (0.091%) Data ONTAP
Processes & Methodologies
1 2,028 (30.69%) Agile Software Development
2 718 (10.87%) DevOps
3 611 (9.25%) Stakeholder Management
4 569 (8.61%) Microservices
5 518 (7.84%) TDD
6 508 (7.69%) Scrum
7 439 (6.64%) Test Automation
8 423 (6.40%) Problem-Solving
9 413 (6.25%) Project Management
10 371 (5.61%) Analytics
11 368 (5.57%) Migration
12 351 (5.31%) Continuous Integration
13 344 (5.21%) SDLC
14 295 (4.46%) BDD
15 291 (4.40%) Business Analysis
16 282 (4.27%) Change Management
17 246 (3.72%) Risk Management
18 233 (3.53%) ITIL
19 224 (3.39%) Software Engineering
20 217 (3.28%) Multithreading
Programming Languages
1 1,433 (21.69%) Java
2 1,027 (15.54%) SQL
3 675 (10.21%) JavaScript
4 636 (9.62%) Python
5 482 (7.29%) C#
6 288 (4.36%) Java 8
7 197 (2.98%) PowerShell
8 133 (2.01%) Scala
9 130 (1.97%) C++
10 113 (1.71%) PL/SQL
11 106 (1.60%) Shell Script
12 105 (1.59%) T-SQL
13 104 (1.57%) VBA
14 95 (1.44%) Perl
15 91 (1.38%) VB.NET
16 86 (1.30%) R
17 83 (1.26%) TypeScript
18 80 (1.21%) C
19 64 (0.97%) ES6
20 60 (0.91%) Bash Shell
Qualifications
1 316 (4.78%) Degree
2 55 (0.83%) Cisco Certification
3 54 (0.82%) CISSP
4 48 (0.73%) CCNP
5 44 (0.67%) Security Cleared
6 43 (0.65%) Computer Science Degree
7 40 (0.61%) CISM
8 36 (0.54%) ITIL Certification
9 31 (0.47%) PMP
10 30 (0.45%) PRINCE2 Certification
11 28 (0.42%) CCIE
11 28 (0.42%) SC Cleared
12 27 (0.41%) PMI Certification
13 26 (0.39%) ISEB
14 25 (0.38%) PhD
15 20 (0.30%) ISTQB
16 19 (0.29%) Microsoft Certification
17 18 (0.27%) Numerate Degree
18 17 (0.26%) Master's Degree
19 16 (0.24%) TOGAF Certification
Quality Assurance & Compliance
1 243 (3.68%) QA
2 211 (3.19%) PSD2
3 116 (1.76%) PMO
4 59 (0.89%) GDPR
5 51 (0.77%) SEPA
6 47 (0.71%) SLA
7 40 (0.61%) Data Quality
7 40 (0.61%) IFRS
8 38 (0.58%) MiFID
9 37 (0.56%) IFRS 9
10 29 (0.44%) ISO/IEC 27001
11 21 (0.32%) Basel III
12 19 (0.29%) PCI DSS
13 13 (0.20%) EMIR
14 8 (0.12%) COBIT
15 7 (0.11%) COREP
15 7 (0.11%) Dodd-Frank
15 7 (0.11%) FINREP
16 6 (0.091%) HMG Infosec
16 6 (0.091%) HMG Security Policy Framework
System Software
1 383 (5.80%) Docker
2 218 (3.30%) Active Directory
3 88 (1.33%) VMware Infrastructure
4 49 (0.74%) XenApp
5 45 (0.68%) Virtual Machines
6 44 (0.67%) HDFS
7 39 (0.59%) XenDesktop
8 34 (0.51%) Virtual Desktop
9 25 (0.38%) Oracle RAC
10 24 (0.36%) Hyper-V
11 21 (0.32%) OpenAM
12 16 (0.24%) VMware ESXi
13 14 (0.21%) vSphere
14 11 (0.17%) OpenDJ
15 10 (0.15%) RACF
16 9 (0.14%) KVM
16 9 (0.14%) VMware NSX
17 7 (0.11%) OpenIDM
18 6 (0.091%) Citrix Hypervisor
18 6 (0.091%) VMware Workstation
Systems Management
1 313 (4.74%) Kubernetes
2 214 (3.24%) Ansible
3 129 (1.95%) Terraform
4 128 (1.94%) Puppet
5 94 (1.42%) SCCM
6 75 (1.13%) Opscode Chef
7 45 (0.68%) Control-M
8 33 (0.50%) Single Sign-On
9 25 (0.38%) HP Quality Center
10 20 (0.30%) Kibana
11 15 (0.23%) logstash
12 13 (0.20%) HP ALM
13 12 (0.18%) Cisco CUCM
14 10 (0.15%) Data Guard
14 10 (0.15%) Hadoop YARN
14 10 (0.15%) Microsoft Clustering
14 10 (0.15%) Microsoft Intune
14 10 (0.15%) Nagios
14 10 (0.15%) Oracle RMAN
15 9 (0.14%) AirWatch
Vendors
1 465 (7.04%) Oracle
2 447 (6.76%) Microsoft
3 180 (2.72%) Google
4 172 (2.60%) IBM
5 159 (2.41%) VMware
6 120 (1.82%) Citrix
7 119 (1.80%) Cisco
7 119 (1.80%) Splunk
8 93 (1.41%) Red Hat
9 82 (1.24%) SAP
10 79 (1.20%) Salesforce.com
11 75 (1.13%) MuleSoft
12 69 (1.04%) ServiceNow
13 65 (0.98%) Tableau
14 61 (0.92%) HP
15 58 (0.88%) Sybase
16 49 (0.74%) Informatica
17 47 (0.71%) Bloomberg
18 44 (0.67%) Adobe
19 42 (0.64%) TIBCO