Period
to 21 October 2017

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 October 2017 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 Oct 2017
Same period 2016 Same period 2015
Rank 10 17 9
Rank change year-on-year +7 -8 +4
Contract jobs citing Banking 10174 8272 11340
As % of all contract IT jobs advertised in the UK 10.24% 7.79% 9.94%
As % of the General category 25.64% 21.41% 24.76%
Number of daily rates quoted 7133 5812 7716
UK median daily rate £513 £488 £475
Median daily rate % change year-on-year +5.13% +2.63% -
10th Percentile £313 £313 £313
90th Percentile £675 £675 £663
UK excluding London median daily rate £413 £413 £412
% change year-on-year - +0.24% +2.88%
Number of hourly rates quoted 42 19 43
UK median hourly rate £15.00 £22.00 £18.00
Median hourly rate % change year-on-year -31.82% +22.22% -
10th Percentile £12.52 £12.90 £10.04
90th Percentile £26.83 £50.80 £74.00
UK excluding London median hourly rate £13.00 £17.50 £16.13
% change year-on-year -25.71% +8.53% +29.00%

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 39678 38628 45806
As % of all contract IT jobs advertised in the UK 39.95% 36.37% 40.14%
Number of daily rates quoted 26298 25678 29247
UK median daily rate £463 £450 £425
Median daily rate % change year-on-year +2.78% +5.88% -
10th Percentile £280 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 868 975 1212
UK median hourly rate £26.42 £23.75 £24.85
Median hourly rate % change year-on-year +11.24% -4.43% +15.10%
10th Percentile £12.00 £11.25 £11.39
90th Percentile £48.08 £47.15 £48.75
UK excluding London median hourly rate £28.00 £25.00 £26.00
% change year-on-year +12.00% -3.85% +10.05%

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 October 2017.

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 October 2017.

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 October 2017. 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 +7 9045 £525 +5.00% 430
London +2 6942 £550 +4.76% 330
UK excluding London +10 3185 £413 - 141
Scotland 0 786 £400 -3.09% 38
North of England +12 749 £425 - 40
South East +44 692 £413 -2.94% 30
North West +17 462 £425 - 21
South West +11 336 £381 -1.04% 11
Yorkshire +5 279 £425 - 15
Northern Ireland +2 275 £413 +30.95% 3
Midlands -2 261 £400 -5.88% 10
West Midlands +20 129 £350 -15.15% 6
East Midlands -32 115 £413 -2.94% 4
East of England -29 60 £375 +15.38% 9
Wales +36 35 £351 -12.38%
North East +37 10 £115 -67.14% 4
Channel Islands -1 10 - -
Isle of Man 0 1 - -

For the 6 months to 21 October 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Banking.

1 5496 (54.02%) Finance
2 2888 (28.39%) Agile Software Development
3 2810 (27.62%) Investment Banking
4 2436 (23.94%) Java
5 1673 (16.44%) SQL
6 1257 (12.36%) Front Office
7 1066 (10.48%) Stakeholder Management
8 1044 (10.26%) JavaScript
9 932 (9.16%) Linux
10 877 (8.62%) TDD
11 866 (8.51%) C#
12 864 (8.49%) Retail Banking
13 829 (8.15%) Scrum
14 809 (7.95%) HTML
14 809 (7.95%) Analytical Skills
15 794 (7.80%) Test Automation
16 785 (7.72%) Unix
17 768 (7.55%) Windows
18 735 (7.22%) SQL Server
19 730 (7.18%) Project Management
20 725 (7.13%) Python
21 722 (7.10%) Microsoft
22 715 (7.03%) Foreign Exchange (FX)
23 688 (6.76%) Oracle
24 679 (6.67%) AngularJS
25 675 (6.63%) Migration
26 662 (6.51%) .NET
27 608 (5.98%) DevOps
28 582 (5.72%) Business Analysis
29 577 (5.67%) Multithreading

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
1 217 (2.13%) Apache Spark
2 187 (1.84%) Confluence
3 186 (1.83%) WebSphere
4 145 (1.43%) SharePoint
5 136 (1.34%) SAS
6 127 (1.25%) JBoss
7 125 (1.23%) Apache
8 111 (1.09%) Tomcat
9 92 (0.90%) Elasticsearch
10 80 (0.79%) IIS
11 70 (0.69%) Cloud Foundry
12 62 (0.61%) Skype for Business
13 61 (0.60%) OpenStack
14 51 (0.50%) CMS
15 47 (0.46%) WebLogic
16 44 (0.43%) MS Exchange
17 35 (0.34%) MQSeries
17 35 (0.34%) Mule
18 34 (0.33%) Oracle Coherence
19 33 (0.32%) Apache Pig
Applications
1 439 (4.31%) Microsoft Excel
2 291 (2.86%) Microsoft Office
3 160 (1.57%) MS Visio
4 159 (1.56%) Microsoft PowerPoint
5 90 (0.88%) Microsoft Project
6 37 (0.36%) Spreadsheet
7 35 (0.34%) Photoshop
8 32 (0.31%) Adobe Creative Suite
9 31 (0.30%) Adobe Illustrator
10 26 (0.26%) InVision
11 22 (0.22%) OmniGraffle
12 6 (0.059%) Adobe After Effects
12 6 (0.059%) SPSS
13 5 (0.049%) EngageOne
13 5 (0.049%) InDesign
14 3 (0.029%) Chatbot
15 2 (0.020%) Fireworks
15 2 (0.020%) Open Workbench
15 2 (0.020%) UserZoom
16 1 (0.010%) InfoPath
Business Applications
1 91 (0.89%) Dynamics CRM
2 70 (0.69%) Temenos T24
3 66 (0.65%) ION MarketView
4 53 (0.52%) SAP FI
5 51 (0.50%) SAP CO
5 51 (0.50%) SAP FI/CO
6 33 (0.32%) Salesforce.com CRM
7 19 (0.19%) SAP FSCM
8 18 (0.18%) Summit
9 17 (0.17%) Actimize
10 15 (0.15%) RMDS
11 13 (0.13%) Markit EDM
12 12 (0.12%) Bloomberg TOMS
12 12 (0.12%) Eikon
12 12 (0.12%) SAP S/4HANA
13 11 (0.11%) Pega PRPC
14 10 (0.098%) thinkFolio
15 9 (0.088%) SAP ERP
16 8 (0.079%) Cognos Business Intelligence
16 8 (0.079%) Temenos Globus
Cloud Services
1 405 (3.98%) Amazon AWS
2 241 (2.37%) Microsoft Azure
3 120 (1.18%) PaaS
4 93 (0.91%) Office 365
5 83 (0.82%) OpenShift
6 69 (0.68%) GitHub
7 65 (0.64%) npm
8 56 (0.55%) Cloud Computing
8 56 (0.55%) IaaS
9 45 (0.44%) Serverless
10 39 (0.38%) SaaS
11 38 (0.37%) Google Cloud Platform
12 29 (0.29%) Azure Active Directory
13 18 (0.18%) Amazon EC2
14 16 (0.16%) Dynamics 365
15 14 (0.14%) Adobe Creative Cloud
16 12 (0.12%) AWS CloudFormation
16 12 (0.12%) OpenDNS
17 11 (0.11%) IBM Blueworks
17 11 (0.11%) IBM Cloud
Communications & Networking
1 147 (1.44%) Firewall
2 135 (1.33%) Internet
3 94 (0.92%) SAN
4 88 (0.86%) SMS
5 86 (0.85%) DNS
6 84 (0.83%) TCP/IP
7 75 (0.74%) LAN
8 68 (0.67%) ATM
9 67 (0.66%) LDAP
10 59 (0.58%) WAN
11 58 (0.57%) Network Security
12 54 (0.53%) Skype
13 52 (0.51%) BGP
13 52 (0.51%) HTTP
14 48 (0.47%) VPN
15 44 (0.43%) Cisco IOS
16 42 (0.41%) EIGRP
17 41 (0.40%) OSPF
18 40 (0.39%) SSL
19 38 (0.37%) MPLS
Database & Business Intelligence
1 735 (7.22%) SQL Server
2 448 (4.40%) Big Data
3 342 (3.36%) Relational Database
4 322 (3.16%) Hadoop
5 248 (2.44%) Data Warehouse
6 233 (2.29%) NoSQL
7 211 (2.07%) MongoDB
8 171 (1.68%) Blockchain
9 168 (1.65%) RDBMS
10 158 (1.55%) SQL Server Integration Services
11 134 (1.32%) DB2
12 119 (1.17%) SQL Server Reporting Services
13 109 (1.07%) Oracle Database
14 87 (0.86%) SQL Server 2008
15 80 (0.79%) KDB
16 78 (0.77%) Apache Hive
17 77 (0.76%) Apache Cassandra
18 73 (0.72%) MySQL
19 64 (0.63%) QlikView
20 62 (0.61%) SQL Server Analysis Services
Development Applications
1 516 (5.07%) JIRA
2 499 (4.90%) Git (software)
3 488 (4.80%) Jenkins
4 300 (2.95%) Maven
5 216 (2.12%) TeamCity
6 200 (1.97%) Selenium
7 172 (1.69%) Cucumber
8 167 (1.64%) JUnit
9 163 (1.60%) Subversion
10 103 (1.01%) Gradle
11 91 (0.89%) Team Foundation Server
12 85 (0.84%) Sonatype Nexus
13 84 (0.83%) Eclipse
14 82 (0.81%) Visual Studio
15 79 (0.78%) IntelliJ
16 71 (0.70%) Atlassian Bamboo
17 65 (0.64%) Jasmine
18 62 (0.61%) Ant
19 58 (0.57%) Mockito
19 58 (0.57%) NUnit
General
1 5496 (54.02%) Finance
2 2810 (27.62%) Investment Banking
3 1257 (12.36%) Front Office
4 864 (8.49%) Retail Banking
5 291 (2.86%) Retail
6 281 (2.76%) Financial Institution
7 183 (1.80%) Legal
8 174 (1.71%) Back Office
9 131 (1.29%) Telecoms
10 112 (1.10%) Marketing
11 111 (1.09%) Private Banking
12 84 (0.83%) Corporate Banking
13 64 (0.63%) International Banking
14 61 (0.60%) Law
15 49 (0.48%) Games
16 45 (0.44%) General Ledger
17 43 (0.42%) Pharmaceutical
18 39 (0.38%) Billing
19 35 (0.34%) Advertising
20 33 (0.32%) French Language
Job Titles
1 3432 (33.73%) Developer
2 2315 (22.75%) Analyst
3 1339 (13.16%) Java Developer
4 1126 (11.07%) Business Analyst
5 723 (7.11%) Project Manager
6 708 (6.96%) Senior Developer
7 660 (6.49%) Banking Analyst
8 576 (5.66%) Architect
9 468 (4.60%) C# Developer
10 381 (3.74%) Consultant
11 359 (3.53%) Senior Java Developer
12 346 (3.40%) Test Analyst
13 270 (2.65%) JavaScript Developer
14 263 (2.59%) Full Stack Developer
15 255 (2.51%) .NET Developer
16 247 (2.43%) Banking Business Analyst
17 230 (2.26%) C++ Developer
18 202 (1.99%) Angular Developer
18 202 (1.99%) Front Office Developer
19 198 (1.95%) SQL Developer
Libraries, Frameworks & Software Standards
1 809 (7.95%) HTML
2 679 (6.67%) AngularJS
3 662 (6.51%) .NET
4 562 (5.52%) Spring
5 537 (5.28%) HTML5
6 497 (4.89%) CSS
7 439 (4.31%) Web Services
8 410 (4.03%) REST
9 377 (3.71%) XML
10 372 (3.66%) Node.js
11 337 (3.31%) RESTful
12 327 (3.21%) React
13 267 (2.62%) JSON
14 252 (2.48%) Middleware
15 250 (2.46%) FIX Protocol
16 244 (2.40%) Hibernate
17 235 (2.31%) SOAP
18 220 (2.16%) J2EE
19 207 (2.03%) WPF
20 174 (1.71%) ASP.NET
Miscellaneous
1 809 (7.95%) Analytical Skills
2 715 (7.03%) Foreign Exchange (FX)
3 553 (5.44%) Fixed Income
4 518 (5.09%) Derivative
5 411 (4.04%) Equities
6 342 (3.36%) User Experience
7 293 (2.88%) Greenfield Project
8 241 (2.37%) Credit Risk
9 227 (2.23%) Computer Science
10 218 (2.14%) Fintech
11 198 (1.95%) Data Structures
12 197 (1.94%) Virtual Team
13 196 (1.93%) Market Risk
14 187 (1.84%) Mobile App
15 184 (1.81%) Management Information System
16 160 (1.57%) Data Centre
17 130 (1.28%) Equity Derivative
18 107 (1.05%) SWIFT
19 94 (0.92%) Hedge funds
19 94 (0.92%) Mobile Banking
Operating Systems
1 932 (9.16%) Linux
2 785 (7.72%) Unix
3 768 (7.55%) Windows
4 224 (2.20%) Windows Server
5 167 (1.64%) Red Hat Enterprise Linux
6 160 (1.57%) Android
7 135 (1.33%) Apple iOS
8 120 (1.18%) Windows Server 2012
9 98 (0.96%) Solaris
10 84 (0.83%) Windows Server 2008
11 73 (0.72%) Windows 7
12 55 (0.54%) AIX
13 48 (0.47%) Windows 10
14 26 (0.26%) Windows Server 2003
15 18 (0.18%) Mac OS X
16 17 (0.17%) Mac OS
17 14 (0.14%) Windows 8
18 13 (0.13%) CoreOS
19 12 (0.12%) SUSE
20 11 (0.11%) zOS
Processes & Methodologies
1 2888 (28.39%) Agile Software Development
2 1066 (10.48%) Stakeholder Management
3 877 (8.62%) TDD
4 829 (8.15%) Scrum
5 794 (7.80%) Test Automation
6 730 (7.18%) Project Management
7 675 (6.63%) Migration
8 608 (5.98%) DevOps
9 582 (5.72%) Business Analysis
10 577 (5.67%) Multithreading
11 567 (5.57%) Change Management
12 515 (5.06%) Continuous Integration
13 508 (4.99%) SDLC
14 475 (4.67%) Risk Management
15 466 (4.58%) User Acceptance Testing
16 460 (4.52%) Electronic Trading
17 444 (4.36%) OO
18 433 (4.26%) Analytics
19 414 (4.07%) Low Latency
20 406 (3.99%) Data Modelling
Programming Languages
1 2436 (23.94%) Java
2 1673 (16.44%) SQL
3 1044 (10.26%) JavaScript
4 866 (8.51%) C#
5 725 (7.13%) Python
6 463 (4.55%) C++
7 243 (2.39%) VBA
8 230 (2.26%) Scala
9 222 (2.18%) Perl
10 205 (2.01%) PowerShell
11 167 (1.64%) Ruby
12 152 (1.49%) Shell Script
13 127 (1.25%) T-SQL
14 124 (1.22%) Bash Shell
15 122 (1.20%) TypeScript
16 120 (1.18%) C
17 110 (1.08%) PL/SQL
18 67 (0.66%) VB
19 66 (0.65%) ES6
20 62 (0.61%) R
Qualifications
1 478 (4.70%) Degree
2 125 (1.23%) ISEB
3 112 (1.10%) Computer Science Degree
4 91 (0.89%) CISSP
5 80 (0.79%) Cisco Certification
6 72 (0.71%) ISTQB
7 66 (0.65%) PMP
8 65 (0.64%) PMI Certification
9 63 (0.62%) Numerate Degree
10 61 (0.60%) CCNP
11 57 (0.56%) CISM
12 51 (0.50%) Microsoft Certification
13 47 (0.46%) CCIE
13 47 (0.46%) Security Cleared
14 43 (0.42%) Master's Degree
15 41 (0.40%) ITIL Certification
15 41 (0.40%) PhD
16 36 (0.35%) MCSE
17 35 (0.34%) PRINCE2 Certification
18 28 (0.28%) CISA
Quality Assurance & Compliance
1 388 (3.81%) MiFID
2 334 (3.28%) QA
3 227 (2.23%) PMO
4 138 (1.36%) GDPR
5 108 (1.06%) EMIR
6 98 (0.96%) Data Quality
7 89 (0.87%) SLA
8 68 (0.67%) Dodd-Frank
9 58 (0.57%) IFRS
10 54 (0.53%) IFRS 9
10 54 (0.53%) PSD2
11 36 (0.35%) ISO/IEC 27001
11 36 (0.35%) SEPA
12 32 (0.31%) Sarbanes-Oxley
13 30 (0.29%) PCI DSS
14 26 (0.26%) FATCA
15 25 (0.25%) COBIT
16 17 (0.17%) Basel II
17 16 (0.16%) FINREP
18 11 (0.11%) Basel III
System Software
1 287 (2.82%) Active Directory
2 225 (2.21%) Docker
3 106 (1.04%) VMware Infrastructure
4 38 (0.37%) HDFS
5 32 (0.31%) Apache Flume
6 30 (0.29%) VMware ESXi
7 28 (0.28%) XenApp
8 26 (0.26%) Hyper-V
9 24 (0.24%) vSphere
9 24 (0.24%) XenDesktop
10 23 (0.23%) Virtual Machines
11 15 (0.15%) Microsoft App-V
12 14 (0.14%) Oracle RAC
13 13 (0.13%) NFS
14 10 (0.098%) Apache ZooKeeper
14 10 (0.098%) Samba
14 10 (0.098%) Veritas Volume Manager
14 10 (0.098%) Virtual Servers
15 9 (0.088%) SRDF
15 9 (0.088%) Veritas Cluster Server
Systems Management
1 219 (2.15%) Ansible
2 142 (1.40%) Puppet
3 115 (1.13%) Opscode Chef
4 74 (0.73%) HP Quality Center
5 55 (0.54%) SCCM
6 47 (0.46%) Kubernetes
7 46 (0.45%) ITRS Geneos
8 39 (0.38%) Terraform
9 34 (0.33%) Kibana
10 29 (0.29%) Cisco CUCM
10 29 (0.29%) Nagios
10 29 (0.29%) NetBackup
11 22 (0.22%) Control-M
12 21 (0.21%) Oozie
12 21 (0.21%) TIBCO Hawk
13 20 (0.20%) logstash
13 20 (0.20%) Tivoli
14 17 (0.17%) Systems Management Server (SMS)
15 16 (0.16%) BladeLogic
16 15 (0.15%) MOM
Vendors
1 722 (7.10%) Microsoft
2 688 (6.76%) Oracle
3 279 (2.74%) IBM
4 207 (2.03%) VMware
5 204 (2.01%) Sybase
6 191 (1.88%) Red Hat
7 185 (1.82%) Cisco
8 183 (1.80%) TIBCO
9 151 (1.48%) Citrix
10 148 (1.45%) SAP
11 139 (1.37%) Splunk
12 132 (1.30%) Bloomberg
13 126 (1.24%) HP
14 103 (1.01%) ION Trading
14 103 (1.01%) Salesforce.com
15 90 (0.88%) Adobe
15 90 (0.88%) Google
16 83 (0.82%) Reuters
17 79 (0.78%) ServiceNow
18 73 (0.72%) Teradata