Period
to 22 November 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 22 November 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
22 Nov 2017
Same period 2016 Same period 2015
Rank 10 17 10
Rank change year-on-year +7 -7 +3
Contract jobs citing Banking 10441 8185 11312
As % of all contract IT jobs advertised in the UK 10.12% 7.76% 10.03%
As % of the General category 25.46% 21.25% 25.12%
Number of daily rates quoted 7243 5766 7606
UK median daily rate £513 £500 £475
Median daily rate % change year-on-year +2.50% +5.26% -
10th Percentile £313 £313 £313
90th Percentile £680 £675 £663
UK excluding London median daily rate £413 £415 £413
% change year-on-year -0.60% +0.61% +3.13%
Number of hourly rates quoted 43 16 42
UK median hourly rate £15.00 £30.00 £21.50
Median hourly rate % change year-on-year -50.00% +39.53% +13.16%
10th Percentile £12.52 £13.50 £12.75
90th Percentile £27.45 £59.00 £100.00
UK excluding London median hourly rate £13.00 £29.50 £16.50
% change year-on-year -55.93% +78.79% +56.21%

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 41003 38515 45033
As % of all contract IT jobs advertised in the UK 39.74% 36.53% 39.94%
Number of daily rates quoted 27141 25564 28613
UK median daily rate £470 £450 £425
Median daily rate % change year-on-year +4.44% +5.88% -
10th Percentile £275 £263 £263
90th Percentile £663 £638 £625
UK excluding London median daily rate £413 £400 £400
% change year-on-year +3.13% - +5.26%
Number of hourly rates quoted 909 937 1216
UK median hourly rate £25.12 £25.00 £25.00
Median hourly rate % change year-on-year +0.46% - +13.64%
10th Percentile £12.00 £11.39 £12.00
90th Percentile £47.86 £47.50 £48.49
UK excluding London median hourly rate £26.50 £26.50 £26.00
% change year-on-year - +1.92% +13.04%

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 22 November 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 22 November 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 22 November 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 9300 £525 +5.00% 998
London +2 7095 £550 +4.76% 808
UK excluding London +13 3297 £413 -0.60% 248
Scotland +3 817 £400 -5.88% 49
North of England +13 760 £425 - 63
South East +46 716 £411 -3.24% 62
North West +16 447 £425 - 40
South West +11 369 £400 -4.82% 19
Yorkshire +3 298 £430 +1.18% 19
Midlands -3 291 £400 -5.88% 11
Northern Ireland +1 253 £413 +27.51% 4
West Midlands +9 143 £350 -13.85% 8
East Midlands -20 127 £413 -2.94% 3
East of England -16 69 £375 +15.38% 34
Wales +41 35 £351 -6.40% 4
North East +38 15 £115 -68.92% 4
Channel Islands 0 9 - - 2
Isle of Man +2 1 - -

For the 6 months to 22 November 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 5637 (53.99%) Finance
2 3000 (28.73%) Agile Software Development
3 2747 (26.31%) Investment Banking
4 2496 (23.91%) Java
5 1739 (16.66%) SQL
6 1251 (11.98%) Front Office
7 1044 (10.00%) Stakeholder Management
8 1031 (9.87%) JavaScript
9 950 (9.10%) Linux
10 913 (8.74%) Retail Banking
11 912 (8.73%) C#
12 884 (8.47%) TDD
13 881 (8.44%) Scrum
14 861 (8.25%) Test Automation
15 792 (7.59%) HTML
16 788 (7.55%) Windows
17 780 (7.47%) Unix
18 773 (7.40%) Analytical Skills
19 765 (7.33%) Python
20 756 (7.24%) Foreign Exchange (FX)
21 753 (7.21%) SQL Server
22 721 (6.91%) Microsoft
23 719 (6.89%) Project Management
24 710 (6.80%) .NET
25 699 (6.69%) Oracle
26 691 (6.62%) Migration
27 673 (6.45%) DevOps
28 653 (6.25%) AngularJS
29 636 (6.09%) Change Management
30 577 (5.53%) 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
1 219 (2.10%) Apache Spark
2 201 (1.93%) Confluence
3 176 (1.69%) WebSphere
4 142 (1.36%) SAS
5 138 (1.32%) Apache
6 136 (1.30%) SharePoint
7 128 (1.23%) JBoss
8 113 (1.08%) Tomcat
9 106 (1.02%) Elasticsearch
10 84 (0.80%) IIS
11 73 (0.70%) Cloud Foundry
12 67 (0.64%) Skype for Business
13 60 (0.57%) OpenStack
14 50 (0.48%) MS Exchange
15 48 (0.46%) WebLogic
16 42 (0.40%) CMS
17 39 (0.37%) MQSeries
18 31 (0.30%) Apache Pig
18 31 (0.30%) Oracle SOA Suite
19 29 (0.28%) Oracle Coherence
Applications
1 478 (4.58%) Microsoft Excel
2 296 (2.83%) Microsoft Office
3 165 (1.58%) Microsoft PowerPoint
4 160 (1.53%) MS Visio
5 93 (0.89%) Microsoft Project
6 38 (0.36%) Adobe Creative Suite
7 37 (0.35%) Photoshop
7 37 (0.35%) Spreadsheet
8 28 (0.27%) Adobe Illustrator
8 28 (0.27%) InVision
9 23 (0.22%) OmniGraffle
10 6 (0.057%) Adobe After Effects
10 6 (0.057%) SPSS
11 4 (0.038%) Chatbot
12 3 (0.029%) InDesign
13 2 (0.019%) EngageOne
13 2 (0.019%) Fireworks
13 2 (0.019%) Open Workbench
13 2 (0.019%) UserZoom
14 1 (0.010%) HipChat
Business Applications
1 85 (0.81%) ION MarketView
2 82 (0.79%) Dynamics CRM
3 72 (0.69%) Temenos T24
4 50 (0.48%) SAP FI
5 48 (0.46%) SAP CO
5 48 (0.46%) SAP FI/CO
6 28 (0.27%) Salesforce.com CRM
7 23 (0.22%) Summit
8 19 (0.18%) RMDS
9 17 (0.16%) SAP FSCM
10 14 (0.13%) Markit EDM
11 13 (0.12%) Actimize
11 13 (0.12%) Bloomberg TOMS
12 11 (0.11%) Kondor
13 10 (0.096%) Cognos Business Intelligence
13 10 (0.096%) Eikon
14 9 (0.086%) SAP ERP
14 9 (0.086%) Temenos Globus
14 9 (0.086%) thinkFolio
15 8 (0.077%) BusinessWorks
Cloud Services
1 438 (4.20%) Amazon AWS
2 244 (2.34%) Microsoft Azure
3 115 (1.10%) PaaS
4 94 (0.90%) Office 365
5 91 (0.87%) OpenShift
6 80 (0.77%) GitHub
7 58 (0.56%) IaaS
8 57 (0.55%) Cloud Computing
9 54 (0.52%) npm
10 47 (0.45%) SaaS
11 42 (0.40%) Google Cloud Platform
12 37 (0.35%) Serverless
13 31 (0.30%) Azure Active Directory
14 17 (0.16%) Adobe Creative Cloud
15 15 (0.14%) Amazon EC2
15 15 (0.14%) Dynamics 365
15 15 (0.14%) Sauce Labs
16 14 (0.13%) IBM Blueworks
17 13 (0.12%) IBM Cloud
18 12 (0.11%) AWS CloudFormation
Communications & Networking
1 152 (1.46%) Firewall
2 132 (1.26%) Internet
3 96 (0.92%) SMS
4 93 (0.89%) TCP/IP
5 88 (0.84%) SAN
6 83 (0.79%) LAN
7 82 (0.79%) DNS
8 70 (0.67%) ATM
9 68 (0.65%) WAN
10 63 (0.60%) Skype
11 61 (0.58%) Network Security
12 52 (0.50%) BGP
13 50 (0.48%) LDAP
14 47 (0.45%) HTTP
15 42 (0.40%) Cisco IOS
15 42 (0.40%) EIGRP
15 42 (0.40%) OSPF
16 41 (0.39%) VPN
17 39 (0.37%) MPLS
18 38 (0.36%) SSL
Database & Business Intelligence
1 753 (7.21%) SQL Server
2 445 (4.26%) Big Data
3 324 (3.10%) Hadoop
4 314 (3.01%) Relational Database
5 256 (2.45%) Data Warehouse
6 238 (2.28%) NoSQL
7 226 (2.16%) Blockchain
8 214 (2.05%) MongoDB
9 182 (1.74%) RDBMS
10 177 (1.70%) SQL Server Integration Services
11 146 (1.40%) SQL Server Reporting Services
12 138 (1.32%) DB2
13 111 (1.06%) Oracle Database
14 93 (0.89%) KDB
15 90 (0.86%) SQL Server 2008
16 85 (0.81%) Apache Hive
17 79 (0.76%) Apache Cassandra
18 75 (0.72%) MySQL
19 68 (0.65%) PostgreSQL
20 67 (0.64%) QlikView
Development Applications
1 560 (5.36%) JIRA
2 529 (5.07%) Jenkins
3 513 (4.91%) Git (software)
4 322 (3.08%) Maven
5 237 (2.27%) TeamCity
6 235 (2.25%) Selenium
7 209 (2.00%) Cucumber
8 169 (1.62%) JUnit
9 161 (1.54%) Subversion
10 116 (1.11%) Gradle
11 92 (0.88%) Eclipse
12 91 (0.87%) Team Foundation Server
13 84 (0.80%) IntelliJ
13 84 (0.80%) Sonatype Nexus
14 82 (0.79%) Visual Studio
15 73 (0.70%) Atlassian Bamboo
16 71 (0.68%) Ant
17 64 (0.61%) SoapUI
18 63 (0.60%) Jasmine
19 57 (0.55%) Octopus Deploy
General
1 5637 (53.99%) Finance
2 2747 (26.31%) Investment Banking
3 1251 (11.98%) Front Office
4 913 (8.74%) Retail Banking
5 287 (2.75%) Financial Institution
6 275 (2.63%) Retail
7 194 (1.86%) Legal
8 169 (1.62%) Back Office
9 142 (1.36%) Telecoms
10 123 (1.18%) Marketing
11 104 (1.00%) Private Banking
12 86 (0.82%) International Banking
13 67 (0.64%) Corporate Banking
14 60 (0.57%) Law
15 54 (0.52%) Games
16 41 (0.39%) Advertising
16 41 (0.39%) General Ledger
17 39 (0.37%) Billing
17 39 (0.37%) Pharmaceutical
18 32 (0.31%) French Language
Job Titles
1 3485 (33.38%) Developer
2 2379 (22.79%) Analyst
3 1362 (13.04%) Java Developer
4 1135 (10.87%) Business Analyst
5 708 (6.78%) Senior Developer
6 702 (6.72%) Project Manager
7 701 (6.71%) Banking Analyst
8 550 (5.27%) Architect
9 519 (4.97%) C# Developer
10 384 (3.68%) Test Analyst
11 383 (3.67%) Consultant
12 368 (3.52%) Senior Java Developer
13 279 (2.67%) .NET Developer
14 262 (2.51%) Full Stack Developer
15 247 (2.37%) JavaScript Developer
16 246 (2.36%) Banking Business Analyst
17 222 (2.13%) Front Office Developer
18 210 (2.01%) SQL Developer
19 204 (1.95%) C++ Developer
20 200 (1.92%) Angular Developer
Libraries, Frameworks & Software Standards
1 792 (7.59%) HTML
2 710 (6.80%) .NET
3 653 (6.25%) AngularJS
4 570 (5.46%) Spring
5 511 (4.89%) HTML5
6 486 (4.65%) CSS
7 432 (4.14%) Web Services
8 408 (3.91%) REST
9 377 (3.61%) XML
10 368 (3.52%) Node.js
11 362 (3.47%) RESTful
12 324 (3.10%) React
13 284 (2.72%) FIX Protocol
14 249 (2.38%) JSON
15 248 (2.38%) Hibernate
16 241 (2.31%) Middleware
17 236 (2.26%) SOAP
18 211 (2.02%) J2EE
18 211 (2.02%) WPF
19 196 (1.88%) ASP.NET
Miscellaneous
1 773 (7.40%) Analytical Skills
2 756 (7.24%) Foreign Exchange (FX)
3 549 (5.26%) Fixed Income
4 512 (4.90%) Derivative
5 401 (3.84%) Equities
6 340 (3.26%) User Experience
7 286 (2.74%) Greenfield Project
8 268 (2.57%) Credit Risk
9 227 (2.17%) Computer Science
10 209 (2.00%) Fintech
11 198 (1.90%) Market Risk
12 196 (1.88%) Data Structures
13 192 (1.84%) Mobile App
14 189 (1.81%) Virtual Team
15 175 (1.68%) Management Information System
16 157 (1.50%) Data Centre
17 130 (1.25%) Equity Derivative
18 126 (1.21%) SWIFT
19 93 (0.89%) Online Banking
20 85 (0.81%) Hedge funds
Operating Systems
1 950 (9.10%) Linux
2 788 (7.55%) Windows
3 780 (7.47%) Unix
4 235 (2.25%) Windows Server
5 192 (1.84%) Red Hat Enterprise Linux
6 169 (1.62%) Android
7 148 (1.42%) Apple iOS
8 114 (1.09%) Windows Server 2012
9 106 (1.02%) Solaris
10 87 (0.83%) Windows Server 2008
11 74 (0.71%) Windows 7
12 71 (0.68%) AIX
13 48 (0.46%) Windows 10
14 33 (0.32%) Windows Server 2003
15 21 (0.20%) Mac OS X
16 17 (0.16%) Windows 8
17 13 (0.12%) CoreOS
18 12 (0.11%) Mac OS
18 12 (0.11%) SUSE
19 9 (0.086%) zOS
Processes & Methodologies
1 3000 (28.73%) Agile Software Development
2 1044 (10.00%) Stakeholder Management
3 884 (8.47%) TDD
4 881 (8.44%) Scrum
5 861 (8.25%) Test Automation
6 719 (6.89%) Project Management
7 691 (6.62%) Migration
8 673 (6.45%) DevOps
9 636 (6.09%) Change Management
10 577 (5.53%) Multithreading
11 566 (5.42%) Business Analysis
12 543 (5.20%) Continuous Integration
13 505 (4.84%) SDLC
14 485 (4.65%) Electronic Trading
15 481 (4.61%) User Acceptance Testing
16 459 (4.40%) Risk Management
17 431 (4.13%) Low Latency
18 413 (3.96%) Analytics
18 413 (3.96%) Data Modelling
19 403 (3.86%) OO
Programming Languages
1 2496 (23.91%) Java
2 1739 (16.66%) SQL
3 1031 (9.87%) JavaScript
4 912 (8.73%) C#
5 765 (7.33%) Python
6 452 (4.33%) C++
7 271 (2.60%) VBA
8 219 (2.10%) Perl
9 217 (2.08%) Scala
10 209 (2.00%) PowerShell
11 161 (1.54%) Ruby
12 146 (1.40%) Shell Script
13 136 (1.30%) Bash Shell
14 120 (1.15%) PL/SQL
15 116 (1.11%) T-SQL
15 116 (1.11%) TypeScript
16 115 (1.10%) C
17 80 (0.77%) VB
18 69 (0.66%) ES6
19 54 (0.52%) R
Qualifications
1 463 (4.43%) Degree
2 139 (1.33%) ISEB
3 101 (0.97%) Computer Science Degree
4 90 (0.86%) ISTQB
5 81 (0.78%) CISSP
6 74 (0.71%) PMP
7 71 (0.68%) Cisco Certification
7 71 (0.68%) PMI Certification
8 63 (0.60%) Numerate Degree
9 62 (0.59%) ITIL Certification
10 57 (0.55%) CCNP
11 52 (0.50%) Microsoft Certification
12 49 (0.47%) CISM
12 49 (0.47%) Security Cleared
13 46 (0.44%) CCIE
14 45 (0.43%) Master's Degree
15 44 (0.42%) PhD
15 44 (0.42%) PRINCE2 Certification
16 36 (0.34%) MCSE
17 28 (0.27%) SC Cleared
Quality Assurance & Compliance
1 381 (3.65%) QA
2 358 (3.43%) MiFID
3 229 (2.19%) PMO
4 165 (1.58%) GDPR
5 116 (1.11%) SLA
6 96 (0.92%) EMIR
7 93 (0.89%) Data Quality
8 60 (0.57%) Dodd-Frank
9 55 (0.53%) PSD2
10 46 (0.44%) IFRS
11 42 (0.40%) IFRS 9
12 38 (0.36%) ISO/IEC 27001
13 36 (0.34%) SEPA
14 27 (0.26%) COBIT
15 26 (0.25%) PCI DSS
16 25 (0.24%) ISO 9001
16 25 (0.24%) Sarbanes-Oxley
17 24 (0.23%) FATCA
18 23 (0.22%) ISO/IEC 20000
19 16 (0.15%) Basel II
System Software
1 314 (3.01%) Active Directory
2 249 (2.38%) Docker
3 105 (1.01%) VMware Infrastructure
4 38 (0.36%) HDFS
5 36 (0.34%) VMware ESXi
6 34 (0.33%) XenApp
7 33 (0.32%) Apache Flume
8 29 (0.28%) Hyper-V
9 23 (0.22%) vSphere
10 22 (0.21%) Microsoft App-V
10 22 (0.21%) XenDesktop
11 19 (0.18%) Virtual Machines
12 15 (0.14%) Veritas Volume Manager
13 12 (0.11%) Firmware
13 12 (0.11%) Oracle RAC
13 12 (0.11%) Virtual Servers
14 11 (0.11%) NFS
14 11 (0.11%) SRDF
15 9 (0.086%) Samba
15 9 (0.086%) vCloud
Systems Management
1 237 (2.27%) Ansible
2 148 (1.42%) Puppet
3 106 (1.02%) Opscode Chef
4 82 (0.79%) HP Quality Center
5 57 (0.55%) Kubernetes
6 52 (0.50%) SCCM
7 49 (0.47%) ITRS Geneos
8 37 (0.35%) Nagios
8 37 (0.35%) Terraform
9 35 (0.34%) Kibana
10 30 (0.29%) Cisco CUCM
11 22 (0.21%) Control-M
11 22 (0.21%) Oozie
12 21 (0.20%) logstash
12 21 (0.20%) NetBackup
13 19 (0.18%) Systems Management Server (SMS)
14 18 (0.17%) Tivoli
15 17 (0.16%) Cisco UCCX
15 17 (0.16%) TIBCO Hawk
16 16 (0.15%) Cisco UCCE
Vendors
1 721 (6.91%) Microsoft
2 699 (6.69%) Oracle
3 280 (2.68%) IBM
4 220 (2.11%) VMware
5 219 (2.10%) Sybase
6 198 (1.90%) TIBCO
7 188 (1.80%) Red Hat
8 181 (1.73%) Cisco
9 146 (1.40%) Splunk
10 145 (1.39%) Citrix
11 144 (1.38%) SAP
12 133 (1.27%) HP
13 128 (1.23%) Bloomberg
14 119 (1.14%) ION Trading
15 101 (0.97%) Adobe
16 99 (0.95%) Salesforce.com
17 88 (0.84%) Google
18 86 (0.82%) Tableau
19 82 (0.79%) Reuters
20 78 (0.75%) Teradata