Period
to 17 January 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 17 January 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
17 Jan 2019
Same period 2018 Same period 2017
Rank 22 10 18
Rank change year-on-year -12 +8 -8
Contract jobs citing Banking 7,266 9,364 7,476
As % of all contract IT jobs advertised in the UK 7.31% 9.33% 7.68%
As % of the General category 20.22% 23.98% 21.05%
Number of daily rates quoted 5,053 6,457 5,248
UK median daily rate £550 £525 £500
Median daily rate % change year-on-year +4.76% +5.00% +2.04%
10th Percentile £360 £313 £313
90th Percentile £713 £688 £675
UK excluding London median daily rate £450 £413 £410
% change year-on-year +9.09% +0.61% -3.53%
Number of hourly rates quoted 81 38 14
UK median hourly rate £18.70 £15.00 £30.00
Median hourly rate % change year-on-year +24.67% -50.00% +48.15%
10th Percentile £10.00 £13.00 £13.30
90th Percentile £30.00 £27.33 £51.28
UK excluding London median hourly rate £13.00 £15.31 £32.00
% change year-on-year -15.06% -52.17% +96.17%

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 35,940 39,057 35,523
As % of all contract IT jobs advertised in the UK 36.15% 38.93% 36.49%
Number of daily rates quoted 23,569 25,880 23,568
UK median daily rate £488 £475 £450
Median daily rate % change year-on-year +2.63% +5.56% +5.88%
10th Percentile £300 £278 £263
90th Percentile £675 £669 £638
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.13% -
Number of hourly rates quoted 798 875 894
UK median hourly rate £25.00 £26.00 £25.00
Median hourly rate % change year-on-year -3.85% +4.00% -6.14%
10th Percentile £12.46 £12.25 £11.32
90th Percentile £51.72 £48.75 £47.18
UK excluding London median hourly rate £25.12 £26.87 £25.00
% change year-on-year -6.50% +7.46% -9.09%

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 17 January 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 17 January 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 17 January 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 -13 6,444 £550 +4.76% 884
London -3 5,165 £563 +2.27% 631
UK excluding London -21 2,040 £450 +9.09% 331
Scotland -1 689 £450 +10.43% 55
North of England -14 500 £423 -0.59% 93
South West -21 304 £550 +37.50% 26
North West -10 277 £450 +12.43% 47
South East -89 277 £475 +9.51% 66
Yorkshire -22 209 £400 -5.88% 34
Midlands -39 159 £450 +20.00% 46
East Midlands +6 100 £425 +6.25% 25
Northern Ireland -3 54 £412 -5.29% 12
West Midlands -77 49 £450 +31.39% 21
East of England -16 28 £450 +32.35% 22
Wales -23 25 £368 +4.70% 10
North East -13 15 £375 +226.09% 12
Channel Islands +2 11 - - 1

For the 6 months to 17 January 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 3,614 (49.74%) Finance
2 2,374 (32.67%) Agile Software Development
3 1,715 (23.60%) Java
4 1,435 (19.75%) Investment Banking
5 1,144 (15.74%) SQL
6 783 (10.78%) DevOps
7 768 (10.57%) JavaScript
8 752 (10.35%) Front Office
9 689 (9.48%) Python
10 681 (9.37%) Stakeholder Management
11 616 (8.48%) Microservices
12 600 (8.26%) TDD
13 594 (8.18%) Amazon AWS
14 582 (8.01%) Linux
15 571 (7.86%) Oracle
16 568 (7.82%) C#
17 552 (7.60%) SQL Server
18 548 (7.54%) Scrum
19 542 (7.46%) Jenkins
20 540 (7.43%) Windows
20 540 (7.43%) Test Automation
21 539 (7.42%) Microsoft
22 516 (7.10%) .NET
23 512 (7.05%) Spring
24 487 (6.70%) Unix
25 473 (6.51%) JIRA
26 457 (6.29%) Analytical Skills
27 449 (6.18%) Web Services
28 447 (6.15%) Project Management
29 445 (6.12%) REST

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
1 236 (3.25%) Confluence
2 135 (1.86%) Apache
3 120 (1.65%) Apache Spark
4 118 (1.62%) WebSphere
5 86 (1.18%) SAS
6 84 (1.16%) SharePoint
7 80 (1.10%) IIS
8 78 (1.07%) JBoss
9 69 (0.95%) Mule
10 62 (0.85%) WebLogic
11 61 (0.84%) Tomcat
12 51 (0.70%) Cloud Foundry
12 51 (0.70%) Elasticsearch
13 45 (0.62%) Oracle SOA Suite
14 38 (0.52%) CMS
15 29 (0.40%) Oracle Coherence
16 25 (0.34%) MS Exchange
17 23 (0.32%) WebSphere Application Server
18 21 (0.29%) Skype for Business
19 16 (0.22%) Adobe Experience Manager
Applications
1 263 (3.62%) Microsoft Excel
2 188 (2.59%) Microsoft Office
3 103 (1.42%) Microsoft PowerPoint
4 69 (0.95%) MS Visio
5 41 (0.56%) InVision
5 41 (0.56%) Microsoft Project
6 33 (0.45%) Spreadsheet
7 19 (0.26%) UserZoom
8 15 (0.21%) Chatbot
9 11 (0.15%) Photoshop
10 10 (0.14%) Adobe Illustrator
11 4 (0.055%) Acrobat
11 4 (0.055%) InfoPath
12 3 (0.041%) Adobe Premiere
12 3 (0.041%) OmniGraffle
13 2 (0.028%) InDesign
13 2 (0.028%) Pixate
13 2 (0.028%) SPSS
14 1 (0.014%) EViews
14 1 (0.014%) LaTeX
Business Applications
1 56 (0.77%) Dynamics CRM
2 24 (0.33%) Actimize
3 15 (0.21%) Temenos T24
4 14 (0.19%) Dynamics AX
5 10 (0.14%) Distributed Ledger
5 10 (0.14%) ION MarketView
5 10 (0.14%) Oracle Cash Management
5 10 (0.14%) PeopleSoft HRMS
6 9 (0.12%) PeopleSoft HCM
7 8 (0.11%) Eikon
7 8 (0.11%) Misys Midas
8 7 (0.096%) Endur
9 6 (0.083%) Oracle General Ledger
9 6 (0.083%) Salesforce.com CRM
10 5 (0.069%) Kondor
10 5 (0.069%) Markit EDM
10 5 (0.069%) Oracle EBS R12
10 5 (0.069%) Oracle Financials
10 5 (0.069%) Oracle Payables
10 5 (0.069%) Summit
Cloud Services
1 594 (8.18%) Amazon AWS
2 373 (5.13%) Microsoft Azure
3 142 (1.95%) Google Cloud Platform
4 121 (1.67%) Office 365
4 121 (1.67%) SaaS
5 108 (1.49%) PaaS
6 86 (1.18%) IaaS
7 83 (1.14%) GitHub
8 71 (0.98%) Serverless
9 70 (0.96%) Apigee
10 69 (0.95%) Cloud Computing
11 54 (0.74%) npm
12 51 (0.70%) AWS CloudFormation
12 51 (0.70%) OpenShift
13 29 (0.40%) AWS Lambda
14 26 (0.36%) Dynamics 365
15 24 (0.33%) Azure Active Directory
16 23 (0.32%) IBM Cloud
17 22 (0.30%) Azure Functions
18 19 (0.26%) Azure Data Factory
Communications & Networking
1 142 (1.95%) Firewall
2 77 (1.06%) Internet
3 55 (0.76%) TCP/IP
3 55 (0.76%) WAN
4 51 (0.70%) LAN
5 49 (0.67%) HTTP
6 48 (0.66%) SSL
7 45 (0.62%) SAN
8 42 (0.58%) Network Security
9 40 (0.55%) DNS
9 40 (0.55%) VPN
10 25 (0.34%) Cisco Nexus
11 24 (0.33%) Skype
12 22 (0.30%) BGP
12 22 (0.30%) Cisco IOS
13 21 (0.29%) Kerberos
14 20 (0.28%) Cisco ASA
14 20 (0.28%) DHCP
15 19 (0.26%) VLAN
16 18 (0.25%) NAS
Database & Business Intelligence
1 552 (7.60%) SQL Server
2 251 (3.45%) Relational Database
3 234 (3.22%) Data Warehouse
4 232 (3.19%) NoSQL
5 215 (2.96%) MongoDB
6 192 (2.64%) Big Data
7 187 (2.57%) Hadoop
8 128 (1.76%) SQL Server Integration Services
9 117 (1.61%) RDBMS
10 114 (1.57%) Oracle Database
11 93 (1.28%) SQL Server Reporting Services
12 90 (1.24%) Apache Cassandra
13 68 (0.94%) DB2
14 59 (0.81%) MySQL
15 53 (0.73%) Apache Hive
16 50 (0.69%) Data Lake
17 48 (0.66%) Power BI
18 43 (0.59%) SQL Server 2014
19 42 (0.58%) PostgreSQL
20 41 (0.56%) Data Mining
Development Applications
1 542 (7.46%) Jenkins
2 473 (6.51%) JIRA
3 344 (4.73%) Git (software)
4 291 (4.00%) Maven
5 201 (2.77%) Selenium
6 185 (2.55%) Cucumber
7 152 (2.09%) TeamCity
8 150 (2.06%) JUnit
9 130 (1.79%) Subversion
10 123 (1.69%) Atlassian Bamboo
11 121 (1.67%) Bitbucket
12 90 (1.24%) Gradle
13 77 (1.06%) Eclipse
14 69 (0.95%) Hudson
15 63 (0.87%) Artifactory
16 58 (0.80%) Sonatype Nexus
17 54 (0.74%) JMeter
18 52 (0.72%) WebDriver
19 51 (0.70%) Ant
20 48 (0.66%) Jasmine
General
1 3,614 (49.74%) Finance
2 1,435 (19.75%) Investment Banking
3 752 (10.35%) Front Office
4 444 (6.11%) Retail Banking
5 249 (3.43%) Financial Institution
6 191 (2.63%) Retail
7 101 (1.39%) Back Office
8 98 (1.35%) Law
9 94 (1.29%) Marketing
10 93 (1.28%) Legal
11 84 (1.16%) Private Banking
12 67 (0.92%) Corporate Banking
13 64 (0.88%) Telecoms
14 46 (0.63%) Games
15 31 (0.43%) Advertising
16 26 (0.36%) Wholesale Banking
17 23 (0.32%) International Banking
18 22 (0.30%) Publishing
19 21 (0.29%) Billing
20 17 (0.23%) Spanish Language
Job Titles
1 2,398 (33.00%) Developer
2 1,111 (15.29%) Analyst
3 854 (11.75%) Java Developer
4 603 (8.30%) Architect
5 519 (7.14%) Business Analyst
6 431 (5.93%) Project Manager
7 365 (5.02%) Senior Developer
8 318 (4.38%) Banking Analyst
9 309 (4.25%) C# Developer
10 261 (3.59%) DevOps Engineer
11 243 (3.34%) Consultant
12 222 (3.06%) Full Stack Developer
13 194 (2.67%) Solutions Architect
14 167 (2.30%) Python Developer
15 162 (2.23%) Senior Java Developer
16 156 (2.15%) SQL Developer
17 154 (2.12%) .NET Developer
18 135 (1.86%) Banking Business Analyst
19 133 (1.83%) React Developer
20 130 (1.79%) Front Office Developer
Libraries, Frameworks & Software Standards
1 516 (7.10%) .NET
2 512 (7.05%) Spring
3 449 (6.18%) Web Services
4 445 (6.12%) REST
5 444 (6.11%) HTML
6 415 (5.71%) AngularJS
7 404 (5.56%) Node.js
7 404 (5.56%) React
8 317 (4.36%) CSS
9 263 (3.62%) HTML5
10 253 (3.48%) XML
11 250 (3.44%) RESTful
12 238 (3.28%) Middleware
13 214 (2.95%) Spring Boot
14 196 (2.70%) JSON
15 159 (2.19%) SOAP
16 146 (2.01%) Hibernate
17 144 (1.98%) Redux
18 143 (1.97%) J2EE
19 140 (1.93%) ASP.NET
Miscellaneous
1 457 (6.29%) Analytical Skills
2 378 (5.20%) Greenfield Project
3 365 (5.02%) Foreign Exchange (FX)
4 306 (4.21%) User Experience
5 286 (3.94%) Fixed Income
6 259 (3.56%) Derivative
7 225 (3.10%) Fintech
8 197 (2.71%) Equities
9 138 (1.90%) Self-Motivation
10 129 (1.78%) Data Centre
11 125 (1.72%) Credit Risk
12 123 (1.69%) Mobile App
13 99 (1.36%) Enterprise Software
14 97 (1.33%) Hedge funds
15 91 (1.25%) Virtual Team
16 87 (1.20%) Market Risk
17 74 (1.02%) Mobile Banking
18 72 (0.99%) Online Banking
19 71 (0.98%) Management Information System
20 67 (0.92%) Data Structures
Operating Systems
1 582 (8.01%) Linux
2 540 (7.43%) Windows
3 487 (6.70%) Unix
4 155 (2.13%) Apple iOS
5 142 (1.95%) Android
6 128 (1.76%) Windows Server
7 100 (1.38%) Red Hat Enterprise Linux
8 79 (1.09%) Windows 10
9 71 (0.98%) Windows 7
10 64 (0.88%) Solaris
11 57 (0.78%) Windows Server 2012
12 33 (0.45%) Windows Server 2008
13 19 (0.26%) zOS
14 18 (0.25%) AIX
15 15 (0.21%) Mac OS
16 10 (0.14%) Check Point GAiA
17 9 (0.12%) Windows Server 2003
18 7 (0.096%) Data ONTAP
18 7 (0.096%) Ubuntu
19 6 (0.083%) Mac OS X
Processes & Methodologies
1 2,374 (32.67%) Agile Software Development
2 783 (10.78%) DevOps
3 681 (9.37%) Stakeholder Management
4 616 (8.48%) Microservices
5 600 (8.26%) TDD
6 548 (7.54%) Scrum
7 540 (7.43%) Test Automation
8 447 (6.15%) Project Management
9 411 (5.66%) Continuous Integration
10 406 (5.59%) Migration
11 394 (5.42%) Problem-Solving
12 364 (5.01%) Analytics
13 353 (4.86%) BDD
13 353 (4.86%) SDLC
14 336 (4.62%) Business Analysis
15 301 (4.14%) Multithreading
16 270 (3.72%) Software Engineering
17 266 (3.66%) Risk Management
18 250 (3.44%) OO
19 245 (3.37%) User Acceptance Testing
Programming Languages
1 1,715 (23.60%) Java
2 1,144 (15.74%) SQL
3 768 (10.57%) JavaScript
4 689 (9.48%) Python
5 568 (7.82%) C#
6 266 (3.66%) Java 8
7 220 (3.03%) C++
8 218 (3.00%) PowerShell
9 145 (2.00%) Scala
10 144 (1.98%) PL/SQL
11 127 (1.75%) T-SQL
12 123 (1.69%) VBA
13 122 (1.68%) Shell Script
14 115 (1.58%) C
15 110 (1.51%) Perl
16 101 (1.39%) TypeScript
17 97 (1.33%) Bash Shell
18 76 (1.05%) Ruby
19 69 (0.95%) R
20 65 (0.89%) Groovy
Qualifications
1 331 (4.56%) Degree
2 82 (1.13%) CISSP
3 60 (0.83%) ISEB
3 60 (0.83%) Security Cleared
4 58 (0.80%) Computer Science Degree
5 55 (0.76%) Cisco Certification
6 43 (0.59%) AWS Certification
6 43 (0.59%) CCNP
6 43 (0.59%) ISTQB
7 37 (0.51%) CISM
8 36 (0.50%) ITIL Certification
8 36 (0.50%) PRINCE2 Certification
9 34 (0.47%) PhD
10 32 (0.44%) SC Cleared
11 30 (0.41%) CCIE
12 26 (0.36%) Numerate Degree
13 24 (0.33%) Master's Degree
14 23 (0.32%) DV Cleared
14 23 (0.32%) Microsoft Certification
15 22 (0.30%) CCNA
Quality Assurance & Compliance
1 303 (4.17%) QA
2 177 (2.44%) PSD2
3 113 (1.56%) PMO
4 76 (1.05%) Data Quality
5 59 (0.81%) GDPR
6 54 (0.74%) MiFID
7 53 (0.73%) IFRS
7 53 (0.73%) SLA
8 43 (0.59%) IFRS 9
9 33 (0.45%) SEPA
10 26 (0.36%) ISO/IEC 27001
11 23 (0.32%) PCI DSS
12 21 (0.29%) EMIR
13 20 (0.28%) Basel III
14 19 (0.26%) HMG Infosec
14 19 (0.26%) HMG Security Policy Framework
14 19 (0.26%) JSP 440
15 13 (0.18%) Dodd-Frank
16 12 (0.17%) Sarbanes-Oxley
17 11 (0.15%) COBIT
System Software
1 368 (5.06%) Docker
2 186 (2.56%) Active Directory
3 89 (1.22%) VMware Infrastructure
4 28 (0.39%) XenApp
5 27 (0.37%) XenDesktop
6 24 (0.33%) OpenAM
6 24 (0.33%) vSphere
7 19 (0.26%) HDFS
8 18 (0.25%) VMware ESXi
9 17 (0.23%) Virtual Machines
10 16 (0.22%) Virtual Desktop
11 9 (0.12%) ProxySG
11 9 (0.12%) Veritas Cluster Server
12 8 (0.11%) Hyper-V
12 8 (0.11%) OpenDJ
12 8 (0.11%) Oracle RAC
12 8 (0.11%) Time Sharing Option
12 8 (0.11%) XenServer
13 7 (0.096%) Apache ZooKeeper
13 7 (0.096%) VMware NSX
Systems Management
1 292 (4.02%) Kubernetes
2 255 (3.51%) Ansible
3 146 (2.01%) Puppet
4 139 (1.91%) Terraform
5 114 (1.57%) Opscode Chef
6 62 (0.85%) SCCM
7 42 (0.58%) HP Quality Center
8 36 (0.50%) Single Sign-On
9 28 (0.39%) Control-M
10 25 (0.34%) HP ALM
10 25 (0.34%) Tivoli
11 24 (0.33%) Kibana
12 21 (0.29%) Rancher
13 17 (0.23%) ITRS Geneos
14 16 (0.22%) Nagios
15 13 (0.18%) logstash
16 12 (0.17%) IBM BigFix
16 12 (0.17%) NetBackup
16 12 (0.17%) Oozie
17 11 (0.15%) linkerd
Vendors
1 571 (7.86%) Oracle
2 539 (7.42%) Microsoft
3 209 (2.88%) IBM
4 167 (2.30%) Google
5 152 (2.09%) VMware
6 133 (1.83%) Cisco
7 129 (1.78%) Splunk
8 109 (1.50%) Citrix
9 106 (1.46%) Red Hat
10 100 (1.38%) Sybase
11 90 (1.24%) HP
12 84 (1.16%) Tableau
13 83 (1.14%) SAP
14 64 (0.88%) MuleSoft
15 62 (0.85%) ServiceNow
16 61 (0.84%) Informatica
17 58 (0.80%) Apple
18 56 (0.77%) Murex
19 55 (0.76%) TIBCO
20 51 (0.70%) Atlassian