Period
to 25 February 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 25 February 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
25 Feb 2018
Same period 2017 Same period 2016
Rank 10 18 11
Rank change year-on-year +8 -7 0
Contract jobs citing Banking 8,718 7,240 10,173
As % of all contract IT jobs advertised in the UK 8.72% 7.61% 9.42%
As % of the General category 22.84% 20.64% 24.16%
Number of daily rates quoted 5,907 5,060 6,691
UK median daily rate £525 £500 £497
Median daily rate % change year-on-year +5.00% +0.70% +4.53%
10th Percentile £313 £313 £313
90th Percentile £700 £675 £675
UK excluding London median daily rate £405 £413 £425
% change year-on-year -1.82% -2.94% +0.59%
Number of hourly rates quoted 42 19 32
UK median hourly rate £15.00 £30.00 £18.50
Median hourly rate % change year-on-year -50.00% +62.16% +5.07%
10th Percentile £13.00 £12.90 £10.04
90th Percentile £72.00 £82.50 £96.50
UK excluding London median hourly rate £16.50 £17.50 £16.06
% change year-on-year -5.71% +9.00% +57.09%

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 38,172 35,070 42,114
As % of all contract IT jobs advertised in the UK 38.18% 36.84% 39.01%
Number of daily rates quoted 25,141 23,152 26,884
UK median daily rate £475 £450 £429
Median daily rate % change year-on-year +5.56% +4.90% +0.94%
10th Percentile £280 £263 £263
90th Percentile £675 £638 £638
UK excluding London median daily rate £413 £400 £400
% change year-on-year +3.13% - -
Number of hourly rates quoted 888 889 1,115
UK median hourly rate £26.11 £25.00 £27.50
Median hourly rate % change year-on-year +4.43% -9.09% +21.25%
10th Percentile £12.25 £11.32 £12.00
90th Percentile £49.46 £47.83 £48.75
UK excluding London median hourly rate £27.00 £25.00 £27.50
% change year-on-year +8.00% -9.09% +5.77%

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 February 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 25 February 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 25 February 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 +6 7,830 £525 +0.96% 1,390
London +1 6,053 £550 - 1,052
UK excluding London +15 2,618 £405 -1.82% 397
Scotland +6 688 £400 -5.88% 52
North of England +8 596 £408 -4.12% 100
South East +41 584 £444 +10.94% 96
South West +17 333 £404 -3.87% 40
Yorkshire +10 307 £425 - 29
North West -10 256 £400 - 67
Midlands -15 209 £375 -11.76% 54
Northern Ireland +1 132 £440 +17.33% 2
East Midlands -29 99 £370 -12.94% 21
West Midlands +8 95 £375 -9.09% 33
East of England -41 58 £288 -28.13% 48
North East +68 34 £315 -23.17% 4
Wales +7 26 £394 +96.88% 5
Channel Islands +3 9 - -
Isle of Man - 1 - -

For the 6 months to 25 February 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 4,703 (53.95%) Finance
2 2,587 (29.67%) Agile Software Development
3 2,074 (23.79%) Java
4 2,056 (23.58%) Investment Banking
5 1,548 (17.76%) SQL
6 967 (11.09%) Stakeholder Management
7 943 (10.82%) Front Office
8 921 (10.56%) C#
9 862 (9.89%) JavaScript
10 797 (9.14%) Linux
11 796 (9.13%) Retail Banking
12 743 (8.52%) Scrum
13 723 (8.29%) Python
14 722 (8.28%) .NET
15 718 (8.24%) TDD
16 702 (8.05%) DevOps
17 691 (7.93%) Unix
18 656 (7.52%) Test Automation
19 650 (7.46%) Foreign Exchange (FX)
20 649 (7.44%) Windows
21 626 (7.18%) Change Management
22 621 (7.12%) Oracle
23 620 (7.11%) Analytical Skills
24 596 (6.84%) HTML
25 587 (6.73%) SQL Server
26 585 (6.71%) Project Management
27 542 (6.22%) Migration
28 527 (6.04%) Microsoft
29 520 (5.96%) Continuous Integration
30 508 (5.83%) AngularJS

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
1 206 (2.36%) Apache Spark
2 194 (2.23%) Confluence
3 163 (1.87%) WebSphere
4 124 (1.42%) SAS
5 112 (1.28%) JBoss
6 98 (1.12%) Apache
7 96 (1.10%) Tomcat
8 92 (1.06%) SharePoint
9 83 (0.95%) Elasticsearch
10 77 (0.88%) Cloud Foundry
11 55 (0.63%) IIS
12 43 (0.49%) OpenStack
13 41 (0.47%) MQSeries
14 35 (0.40%) Mule
14 35 (0.40%) WebSphere Application Server
15 32 (0.37%) CMS
15 32 (0.37%) MS Exchange
15 32 (0.37%) Skype for Business
16 29 (0.33%) Apache Pig
17 26 (0.30%) Oracle SOA Suite
Applications
1 381 (4.37%) Microsoft Excel
2 223 (2.56%) Microsoft Office
3 127 (1.46%) Microsoft PowerPoint
4 104 (1.19%) MS Visio
5 72 (0.83%) Microsoft Project
6 38 (0.44%) Photoshop
7 35 (0.40%) Adobe Creative Suite
8 31 (0.36%) Spreadsheet
9 20 (0.23%) Adobe Illustrator
10 14 (0.16%) InVision
10 14 (0.16%) OmniGraffle
11 8 (0.092%) InDesign
12 5 (0.057%) SPSS
13 4 (0.046%) HipChat
13 4 (0.046%) Open Workbench
13 4 (0.046%) UserZoom
14 3 (0.034%) Adobe Premiere
14 3 (0.034%) Chatbot
15 2 (0.023%) GIMP
16 1 (0.011%) Fireworks
Business Applications
1 62 (0.71%) ION MarketView
2 53 (0.61%) Temenos T24
3 42 (0.48%) Dynamics CRM
4 26 (0.30%) SAP FI
5 25 (0.29%) SAP CO
5 25 (0.29%) SAP FI/CO
6 24 (0.28%) Summit
7 17 (0.19%) RMDS
8 14 (0.16%) Markit EDM
8 14 (0.16%) Temenos Globus
9 12 (0.14%) Actimize
10 11 (0.13%) Payment Gateway
11 10 (0.11%) Bloomberg TOMS
11 10 (0.11%) Eikon
11 10 (0.11%) Kondor
12 9 (0.10%) Salesforce.com CRM
12 9 (0.10%) SAP S/4HANA
13 8 (0.092%) Oracle Payables
13 8 (0.092%) SAP FSCM
14 7 (0.080%) Dynamics AX
Cloud Services
1 421 (4.83%) Amazon AWS
2 190 (2.18%) Microsoft Azure
3 87 (1.00%) PaaS
4 84 (0.96%) OpenShift
5 73 (0.84%) GitHub
6 67 (0.77%) npm
6 67 (0.77%) Office 365
7 60 (0.69%) Google Cloud Platform
8 58 (0.67%) IaaS
9 55 (0.63%) Serverless
10 43 (0.49%) SaaS
11 40 (0.46%) Cloud Computing
12 34 (0.39%) Amazon S3
13 32 (0.37%) Amazon EC2
14 31 (0.36%) AWS Lambda
15 20 (0.23%) IBM Cloud
16 18 (0.21%) AWS CloudFormation
17 15 (0.17%) Adobe Creative Cloud
17 15 (0.17%) Azure Active Directory
17 15 (0.17%) Bluemix
Communications & Networking
1 144 (1.65%) Firewall
2 116 (1.33%) Internet
3 76 (0.87%) SMS
4 74 (0.85%) TCP/IP
5 66 (0.76%) DNS
6 53 (0.61%) ATM
7 50 (0.57%) LAN
7 50 (0.57%) SAN
8 47 (0.54%) Skype
8 47 (0.54%) SSL
9 45 (0.52%) WAN
10 44 (0.50%) Network Security
11 39 (0.45%) VPN
12 38 (0.44%) HTTP
13 27 (0.31%) NAS
14 26 (0.30%) FTP
15 24 (0.28%) DHCP
15 24 (0.28%) FIX Connectivity
16 23 (0.26%) Cisco IOS
16 23 (0.26%) MPLS
Database & Business Intelligence
1 587 (6.73%) SQL Server
2 379 (4.35%) Big Data
3 301 (3.45%) Hadoop
4 286 (3.28%) Relational Database
5 271 (3.11%) Blockchain
6 210 (2.41%) Data Warehouse
7 181 (2.08%) NoSQL
8 168 (1.93%) SQL Server Integration Services
9 162 (1.86%) MongoDB
10 150 (1.72%) RDBMS
11 139 (1.59%) SQL Server Reporting Services
12 134 (1.54%) DB2
13 109 (1.25%) Oracle Database
14 104 (1.19%) Apache Hive
15 82 (0.94%) MySQL
16 74 (0.85%) PostgreSQL
17 73 (0.84%) KDB
18 58 (0.67%) Apache Cassandra
19 51 (0.58%) Redis
20 48 (0.55%) Data Lake
Development Applications
1 499 (5.72%) JIRA
2 482 (5.53%) Git (software)
3 477 (5.47%) Jenkins
4 339 (3.89%) Maven
5 253 (2.90%) Selenium
6 242 (2.78%) TeamCity
7 179 (2.05%) Cucumber
8 125 (1.43%) Subversion
9 120 (1.38%) JUnit
10 117 (1.34%) Gradle
11 77 (0.88%) Eclipse
12 74 (0.85%) Team Foundation Server
13 70 (0.80%) Visual Studio
14 68 (0.78%) Ant
15 66 (0.76%) Atlassian Bamboo
16 63 (0.72%) IntelliJ
17 60 (0.69%) Sonatype Nexus
18 57 (0.65%) SoapUI
19 52 (0.60%) Octopus Deploy
20 49 (0.56%) webpack
General
1 4,703 (53.95%) Finance
2 2,056 (23.58%) Investment Banking
3 943 (10.82%) Front Office
4 796 (9.13%) Retail Banking
5 236 (2.71%) Retail
6 228 (2.62%) Financial Institution
7 146 (1.67%) Back Office
7 146 (1.67%) Legal
8 112 (1.28%) Telecoms
9 105 (1.20%) Marketing
10 97 (1.11%) Private Banking
11 73 (0.84%) International Banking
12 62 (0.71%) Games
13 59 (0.68%) Corporate Banking
14 54 (0.62%) Law
15 43 (0.49%) Advertising
16 42 (0.48%) French Language
17 34 (0.39%) General Ledger
18 25 (0.29%) Billing
19 22 (0.25%) Publishing
Job Titles
1 2,869 (32.91%) Developer
2 1,910 (21.91%) Analyst
3 1,020 (11.70%) Java Developer
4 907 (10.40%) Business Analyst
5 584 (6.70%) Project Manager
6 570 (6.54%) Banking Analyst
7 553 (6.34%) Senior Developer
8 525 (6.02%) C# Developer
9 462 (5.30%) Architect
10 355 (4.07%) Test Analyst
11 293 (3.36%) Senior Java Developer
12 268 (3.07%) Consultant
13 260 (2.98%) DevOps Engineer
14 257 (2.95%) .NET Developer
15 200 (2.29%) Full Stack Developer
16 196 (2.25%) Banking Business Analyst
17 163 (1.87%) Angular Developer
17 163 (1.87%) C# .NET Developer
18 161 (1.85%) Front Office Developer
19 160 (1.84%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 722 (8.28%) .NET
2 596 (6.84%) HTML
3 508 (5.83%) AngularJS
4 488 (5.60%) Spring
5 379 (4.35%) HTML5
6 362 (4.15%) Web Services
7 361 (4.14%) REST
8 345 (3.96%) CSS
9 326 (3.74%) Node.js
10 318 (3.65%) RESTful
11 309 (3.54%) React
12 264 (3.03%) XML
13 211 (2.42%) ASP.NET
14 191 (2.19%) WPF
15 188 (2.16%) JSON
16 182 (2.09%) SOAP
17 181 (2.08%) Hibernate
18 173 (1.98%) FIX Protocol
19 165 (1.89%) Spring Boot
20 157 (1.80%) .NET Framework
Miscellaneous
1 650 (7.46%) Foreign Exchange (FX)
2 620 (7.11%) Analytical Skills
3 383 (4.39%) Fixed Income
4 373 (4.28%) Derivative
5 270 (3.10%) User Experience
6 260 (2.98%) Equities
7 227 (2.60%) Credit Risk
7 227 (2.60%) Greenfield Project
8 218 (2.50%) Computer Science
9 205 (2.35%) Fintech
10 175 (2.01%) Mobile App
11 141 (1.62%) Market Risk
12 137 (1.57%) Data Structures
13 128 (1.47%) Management Information System
14 115 (1.32%) Data Centre
15 112 (1.28%) Mainframe
16 103 (1.18%) SWIFT
17 102 (1.17%) Virtual Team
18 93 (1.07%) Online Banking
19 88 (1.01%) Equity Derivative
Operating Systems
1 797 (9.14%) Linux
2 691 (7.93%) Unix
3 649 (7.44%) Windows
4 164 (1.88%) Windows Server
5 149 (1.71%) Red Hat Enterprise Linux
6 129 (1.48%) Android
7 124 (1.42%) Apple iOS
8 92 (1.06%) Solaris
9 89 (1.02%) Windows 7
10 65 (0.75%) AIX
11 57 (0.65%) Windows 10
12 54 (0.62%) Windows Server 2008
13 50 (0.57%) Windows Server 2012
14 26 (0.30%) Windows Server 2003
15 22 (0.25%) Mac OS X
16 17 (0.19%) SUSE
16 17 (0.19%) Windows 8
17 14 (0.16%) CoreOS
18 11 (0.13%) zOS
19 8 (0.092%) Windows XP
Processes & Methodologies
1 2,587 (29.67%) Agile Software Development
2 967 (11.09%) Stakeholder Management
3 743 (8.52%) Scrum
4 718 (8.24%) TDD
5 702 (8.05%) DevOps
6 656 (7.52%) Test Automation
7 626 (7.18%) Change Management
8 585 (6.71%) Project Management
9 542 (6.22%) Migration
10 520 (5.96%) Continuous Integration
11 497 (5.70%) Business Analysis
12 455 (5.22%) Multithreading
13 426 (4.89%) Electronic Trading
14 424 (4.86%) SDLC
15 391 (4.48%) Risk Management
16 376 (4.31%) Low Latency
17 358 (4.11%) BDD
18 355 (4.07%) Microservices
19 354 (4.06%) User Acceptance Testing
20 301 (3.45%) Data Analysis
Programming Languages
1 2,074 (23.79%) Java
2 1,548 (17.76%) SQL
3 921 (10.56%) C#
4 862 (9.89%) JavaScript
5 723 (8.29%) Python
6 307 (3.52%) C++
7 236 (2.71%) VBA
8 213 (2.44%) Bash Shell
9 205 (2.35%) Perl
10 187 (2.14%) Scala
11 171 (1.96%) Ruby
12 167 (1.92%) PowerShell
13 126 (1.45%) Shell Script
14 122 (1.40%) PL/SQL
15 102 (1.17%) C
16 97 (1.11%) T-SQL
17 86 (0.99%) ES6
18 81 (0.93%) TypeScript
19 75 (0.86%) VB
20 55 (0.63%) R
Qualifications
1 382 (4.38%) Degree
2 107 (1.23%) ISEB
3 94 (1.08%) ISTQB
4 80 (0.92%) Computer Science Degree
5 78 (0.89%) PMI Certification
6 75 (0.86%) PMP
7 59 (0.68%) CISSP
8 55 (0.63%) ITIL Certification
9 51 (0.58%) Numerate Degree
10 42 (0.48%) CISM
11 38 (0.44%) Cisco Certification
12 36 (0.41%) Master's Degree
13 35 (0.40%) Security Cleared
14 32 (0.37%) Microsoft Certification
15 31 (0.36%) PRINCE2 Certification
16 30 (0.34%) CCNP
17 28 (0.32%) PhD
18 24 (0.28%) CISA
19 22 (0.25%) MCSE
19 22 (0.25%) SC Cleared
Quality Assurance & Compliance
1 395 (4.53%) QA
2 258 (2.96%) MiFID
3 189 (2.17%) PMO
4 152 (1.74%) GDPR
5 95 (1.09%) Data Quality
6 83 (0.95%) SLA
7 75 (0.86%) EMIR
8 65 (0.75%) PSD2
9 52 (0.60%) Dodd-Frank
10 39 (0.45%) SEPA
11 37 (0.42%) IFRS
12 28 (0.32%) IFRS 9
13 27 (0.31%) ISO/IEC 27001
14 25 (0.29%) PCI DSS
15 24 (0.28%) COBIT
16 23 (0.26%) ISO 9001
16 23 (0.26%) ISO/IEC 20000
17 16 (0.18%) FATCA
18 14 (0.16%) Sarbanes-Oxley
18 14 (0.16%) TARGET2
System Software
1 286 (3.28%) Docker
2 212 (2.43%) Active Directory
3 73 (0.84%) VMware Infrastructure
4 30 (0.34%) VMware ESXi
5 29 (0.33%) XenApp
6 26 (0.30%) HDFS
7 25 (0.29%) Virtual Machines
8 24 (0.28%) Microsoft App-V
9 22 (0.25%) Apache Flume
10 21 (0.24%) XenDesktop
11 18 (0.21%) Hyper-V
12 15 (0.17%) Veritas Volume Manager
12 15 (0.17%) vSphere
13 14 (0.16%) Apache ZooKeeper
14 13 (0.15%) SRDF
15 12 (0.14%) NFS
16 11 (0.13%) Firmware
17 8 (0.092%) GPFS
17 8 (0.092%) Samba
17 8 (0.092%) Virtual Servers
Systems Management
1 276 (3.17%) Ansible
2 166 (1.90%) Puppet
3 148 (1.70%) Opscode Chef
4 92 (1.06%) Kubernetes
5 78 (0.89%) HP Quality Center
6 58 (0.67%) Terraform
7 44 (0.50%) SCCM
8 36 (0.41%) Nagios
9 35 (0.40%) Single Sign-On
10 34 (0.39%) ITRS Geneos
11 26 (0.30%) Kibana
12 24 (0.28%) Oozie
13 20 (0.23%) HP ALM
14 17 (0.19%) Docker Swarm
14 17 (0.19%) Tivoli
14 17 (0.19%) Tivoli Storage Manager
15 15 (0.17%) CA Single Sign-On
15 15 (0.17%) logstash
15 15 (0.17%) Packer
15 15 (0.17%) Red Hat Satellite
Vendors
1 621 (7.12%) Oracle
2 527 (6.04%) Microsoft
3 253 (2.90%) IBM
4 163 (1.87%) Sybase
5 147 (1.69%) Splunk
6 143 (1.64%) Red Hat
7 135 (1.55%) VMware
8 130 (1.49%) TIBCO
9 118 (1.35%) Citrix
10 112 (1.28%) Bloomberg
10 112 (1.28%) Cisco
11 104 (1.19%) HP
12 101 (1.16%) Adobe
13 96 (1.10%) SAP
13 96 (1.10%) Tableau
14 90 (1.03%) Google
15 89 (1.02%) Teradata
16 80 (0.92%) ION Trading
17 75 (0.86%) AppDynamics
18 69 (0.79%) Reuters