Period
to 29 November 2021

The table below looks at the prevalence of the term Financial Institution in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 29 November 2021 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.

Financial Institution
UK
6 months to
29 Nov 2021
Same period 2020 Same period 2019
Rank 409 368 412
Rank change year-on-year -41 +44 -49
Contract jobs citing Financial Institution 509 205 481
As % of all contract jobs advertised in the UK 0.58% 0.57% 0.59%
As % of the General category 1.08% 1.08% 1.15%
Number of daily rates quoted 325 139 362
10th Percentile £400 £400 £351
25th Percentile £475 £463 £425
Median daily rate (50th Percentile) £550 £550 £525
Median % change year-on-year - +4.76% -4.55%
75th Percentile £638 £619 £600
90th Percentile £720 £675 £700
UK excluding London median daily rate £481 £428 £500
% change year-on-year +12.57% -14.50% +17.65%
Number of hourly rates quoted 2 4 6
10th Percentile £33.48 " £14.35
25th Percentile £45.07 £12.06 "
Median hourly rate £67.59 £16.36 £18.70
Median % change year-on-year +313.09% -12.50% -
75th Percentile £92.57 £20.50 "
90th Percentile £105.63 £21.40 £23.85
UK excluding London median hourly rate - £12.73 £10.00
% change year-on-year - +27.25% -28.83%

Financial Institution 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 47,125 18,963 41,654
As % of all contract IT jobs advertised in the UK 53.25% 52.54% 50.92%
Number of daily rates quoted 32,304 12,802 27,056
10th Percentile £308 £263 £250
25th Percentile £413 £375 £363
Median daily rate (50th Percentile) £525 £475 £475
Median % change year-on-year +10.53% - +2.15%
75th Percentile £625 £588 £575
90th Percentile £725 £688 £663
UK excluding London median daily rate £450 £425 £425
% change year-on-year +5.88% - -
Number of hourly rates quoted 1,412 707 1,500
10th Percentile £12.25 £11.22 £11.26
25th Percentile £13.25 £15.00 £14.23
Median hourly rate £19.50 £22.50 £18.90
Median % change year-on-year -13.33% +19.05% +5.00%
75th Percentile £43.00 £43.19 £38.75
90th Percentile £58.75 £52.50 £50.00
UK excluding London median hourly rate £17.26 £20.42 £17.50
% change year-on-year -15.49% +16.67% -

Financial Institution
Job Vacancy Trend

Job postings citing Financial Institution as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Institution in the UK

Financial Institution
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Institution.

Daily rate trend for Financial Institution in the UK

Financial Institution
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Institution over the 6 months to 29 November 2021.

Daily rate histogram for Financial Institution in the UK

Financial Institution
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Institution.

Hourly rate trend for Financial Institution in the UK

Financial Institution
Hourly Rate Histogram

Hourly rate distribution of jobs citing Financial Institution over the 6 months to 29 November 2021.

Hourly rate histogram for Financial Institution in the UK

Financial Institution
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the UK over the 6 months to 29 November 2021. 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 -24 474 £550 - 171
London -49 343 £575 +4.55% 108
UK excluding London -92 100 £481 +12.57% 72
Work from Home -181 61 £563 +2.27% 23
North of England -51 47 £425 +3.03% 27
Yorkshire -14 37 £475 +11.76% 6
South East -81 25 £475 +24.18% 10
Scotland -55 12 £493 -1.40% 7
North West -68 10 £425 +3.03% 21
Midlands - 7 £488 - 14
South West -53 6 £625 +31.58% 6
East Midlands - 4 £488 - 9
Wales - 3 £500 - 1
West Midlands - 3 £488 - 5

For the 6 months to 29 November 2021, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 509 (100.00%) Finance
2 231 (45.38%) Data Protection
3 226 (44.40%) GDPR
4 225 (44.20%) Hedge funds
5 223 (43.81%) Legal
6 178 (34.97%) Social Skills
7 164 (32.22%) Agile Software Development
8 143 (28.09%) AOP
9 139 (27.31%) AWS
10 130 (25.54%) Azure
11 126 (24.75%) DevOps
11 126 (24.75%) Python
12 115 (22.59%) Banking
13 111 (21.81%) Java
14 94 (18.47%) SQL
15 85 (16.70%) Terraform
16 81 (15.91%) Kubernetes
17 79 (15.52%) GCP
17 79 (15.52%) Analytical Skills
18 78 (15.32%) Degree
19 77 (15.13%) Microsoft
20 71 (13.95%) Docker
21 66 (12.97%) Serverless
22 63 (12.38%) JavaScript
23 62 (12.18%) Linux
24 60 (11.79%) Scrum
24 60 (11.79%) Microservices
25 57 (11.20%) Project Management
25 57 (11.20%) Windows
25 57 (11.20%) Problem-Solving

Financial Institution
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 21 (4.13%) Apache Spark
1 21 (4.13%) Confluence
2 18 (3.54%) Apache
3 16 (3.14%) BizTalk Server
4 15 (2.95%) OpenStack
5 12 (2.36%) WebSphere
6 9 (1.77%) nginx
7 6 (1.18%) Gunicorn
7 6 (1.18%) Jupyter
7 6 (1.18%) SAS
7 6 (1.18%) SharePoint
8 4 (0.79%) Elasticsearch
8 4 (0.79%) IIS
8 4 (0.79%) MS Exchange
8 4 (0.79%) Tomcat
9 3 (0.59%) Camunda
10 2 (0.39%) Apache Airflow
10 2 (0.39%) GemFire
11 1 (0.20%) Ethereum
11 1 (0.20%) JBoss
Applications
1 17 (3.34%) Microsoft Excel
2 12 (2.36%) Microsoft Office
3 10 (1.96%) Microsoft PowerPoint
4 5 (0.98%) MS Visio
5 1 (0.20%) Chatbot
5 1 (0.20%) Microsoft Project
5 1 (0.20%) Sketch
5 1 (0.20%) Spreadsheet
Business Applications
1 10 (1.96%) Dynamics CRM
2 4 (0.79%) Cloudability
2 4 (0.79%) Sentinel
3 2 (0.39%) Oracle BPM
4 1 (0.20%) BondVision
4 1 (0.20%) FLEXCUBE
4 1 (0.20%) ION MarketView
4 1 (0.20%) Oracle Subledger Accounting
4 1 (0.20%) RMDS
4 1 (0.20%) SAP Payroll
4 1 (0.20%) SimCorp Dimension
Cloud Services
1 139 (27.31%) AWS
2 130 (25.54%) Azure
3 79 (15.52%) GCP
4 66 (12.97%) Serverless
5 52 (10.22%) AWS CloudFormation
6 30 (5.89%) SaaS
7 28 (5.50%) PaaS
8 26 (5.11%) Amazon S3
9 24 (4.72%) AWS Lambda
9 24 (4.72%) GitHub
10 23 (4.52%) Microsoft 365
11 20 (3.93%) Azure Functions
12 18 (3.54%) Azure Logic Apps
12 18 (3.54%) Azure Service Bus
13 17 (3.34%) Amazon EMR
13 17 (3.34%) Power Platform
14 16 (3.14%) Azure Event Grid
14 16 (3.14%) Dynamics 365
15 15 (2.95%) Amazon EC2
16 13 (2.55%) Azure Active Directory
Communications & Networking
1 24 (4.72%) DNS
2 19 (3.73%) Firewall
3 17 (3.34%) TCP/IP
4 12 (2.36%) VPN
4 12 (2.36%) Wireless
5 9 (1.77%) DHCP
6 7 (1.38%) SAN
7 6 (1.18%) LAN
8 5 (0.98%) FTP
8 5 (0.98%) Internet
8 5 (0.98%) iSCSI
8 5 (0.98%) Skype
9 4 (0.79%) HTTP
9 4 (0.79%) OSPF
9 4 (0.79%) WAN
10 3 (0.59%) BGP
10 3 (0.59%) F5 BIG-IP GTM
10 3 (0.59%) F5 BIG-IP LTM
10 3 (0.59%) NAS
10 3 (0.59%) Unified Communications
Database & Business Intelligence
1 36 (7.07%) Big Data
2 34 (6.68%) SQL Server
3 25 (4.91%) Data Warehouse
4 24 (4.72%) Data Lake
5 19 (3.73%) Hadoop
6 18 (3.54%) Relational Database
7 16 (3.14%) MongoDB
7 16 (3.14%) NoSQL
8 13 (2.55%) Amazon Redshift
8 13 (2.55%) BigQuery
8 13 (2.55%) Tableau
9 11 (2.16%) PostgreSQL
9 11 (2.16%) RDBMS
10 10 (1.96%) Amazon DynamoDB
11 9 (1.77%) OLAP
12 8 (1.57%) DB2
12 8 (1.57%) MySQL
12 8 (1.57%) Oracle Database
12 8 (1.57%) Power BI
13 7 (1.38%) Apache Ignite
Development Applications
1 54 (10.61%) Jenkins
2 42 (8.25%) Git (software)
3 26 (5.11%) JIRA
4 20 (3.93%) Maven
5 14 (2.75%) Sonatype Nexus
6 13 (2.55%) Subversion
7 10 (1.96%) GitLab
8 8 (1.57%) webpack
9 7 (1.38%) SonarQube
10 5 (0.98%) TeamCity
10 5 (0.98%) Visual Studio
11 4 (0.79%) Cucumber
11 4 (0.79%) ERwin
11 4 (0.79%) Selenium
11 4 (0.79%) Spinnaker
12 3 (0.59%) Atlassian Bamboo
12 3 (0.59%) git-flow
12 3 (0.59%) Protractor
13 2 (0.39%) Hudson
13 2 (0.39%) PyCharm
General
1 509 (100.00%) Finance
2 223 (43.81%) Legal
3 178 (34.97%) Social Skills
4 115 (22.59%) Banking
5 79 (15.52%) Analytical Skills
6 27 (5.30%) Investment Banking
7 17 (3.34%) Front Office
7 17 (3.34%) Presentation Skills
8 12 (2.36%) Organisational Skills
8 12 (2.36%) Retail
9 11 (2.16%) Documentation Skills
10 10 (1.96%) Back Office
11 8 (1.57%) Billing
12 7 (1.38%) Marketing
13 5 (0.98%) Retail Banking
14 4 (0.79%) Public Sector
15 3 (0.59%) Corporate Banking
15 3 (0.59%) Influencing Skills
16 2 (0.39%) Automotive
17 1 (0.20%) Manufacturing
Job Titles
1 105 (20.63%) Developer
2 103 (20.24%) Architect
3 58 (11.39%) Analyst
4 35 (6.88%) Java Developer
5 33 (6.48%) Data Engineer
6 30 (5.89%) Cloud Engineer
7 28 (5.50%) AWS Architect
8 27 (5.30%) Senior Developer
9 26 (5.11%) Business Analyst
9 26 (5.11%) Cloud Architect
10 25 (4.91%) AWS Engineer
11 22 (4.32%) Azure Engineer
12 21 (4.13%) Security Architect
12 21 (4.13%) Solutions Architect
13 19 (3.73%) Python Developer
14 16 (3.14%) Azure Architect
14 16 (3.14%) Project Manager
15 15 (2.95%) C++ Developer
16 14 (2.75%) DevOps Engineer
17 13 (2.55%) Technical Architect
Libraries, Frameworks & Software Standards
1 36 (7.07%) .NET
2 29 (5.70%) HTML
3 27 (5.30%) React
4 26 (5.11%) CSS
4 26 (5.11%) Spring
5 23 (4.52%) REST
6 21 (4.13%) Kafka
7 18 (3.54%) Swagger
8 15 (2.95%) RESTful
9 13 (2.55%) Node.js
9 13 (2.55%) Pandas
9 13 (2.55%) Spring Boot
10 12 (2.36%) AngularJS
10 12 (2.36%) JSON
10 12 (2.36%) Web Services
11 11 (2.16%) Middleware
11 11 (2.16%) WebSphere MQ
12 10 (1.96%) Redux
13 9 (1.77%) Django
13 9 (1.77%) STL
Miscellaneous
1 225 (44.20%) Hedge funds
2 29 (5.70%) Cloud Native
3 25 (4.91%) Data Centre
4 21 (4.13%) User Experience
5 19 (3.73%) Enterprise Cloud
6 18 (3.54%) Algorithms
7 15 (2.95%) Fixed Income
7 15 (2.95%) Market Risk
7 15 (2.95%) Public Cloud
8 14 (2.75%) Analytical Mindset
9 13 (2.55%) Self-Motivation
10 12 (2.36%) Enterprise Software
11 11 (2.16%) Equities
11 11 (2.16%) Hybrid Cloud
12 10 (1.96%) Derivative
13 8 (1.57%) Data Protection Act
14 6 (1.18%) Credit Risk
14 6 (1.18%) Reference Data
15 5 (0.98%) Data Structures
15 5 (0.98%) PMI
Operating Systems
1 62 (12.18%) Linux
2 57 (11.20%) Windows
3 36 (7.07%) Unix
4 8 (1.57%) Windows 10
5 7 (1.38%) Windows 7
6 4 (0.79%) Windows Server
7 3 (0.59%) Solaris
7 3 (0.59%) Windows Server 2012
7 3 (0.59%) Windows Server 2016
8 1 (0.20%) Apple iOS
8 1 (0.20%) Oracle Linux
8 1 (0.20%) Red Hat Enterprise Linux
8 1 (0.20%) Windows Server 2019
Processes & Methodologies
1 231 (45.38%) Data Protection
2 164 (32.22%) Agile Software Development
3 143 (28.09%) AOP
4 126 (24.75%) DevOps
5 60 (11.79%) Microservices
5 60 (11.79%) Scrum
6 57 (11.20%) Problem-Solving
6 57 (11.20%) Project Management
7 56 (11.00%) Infrastructure as Code
8 54 (10.61%) Analytics
9 46 (9.04%) Risk Management
10 44 (8.64%) Computer Science
10 44 (8.64%) Cybersecurity
11 43 (8.45%) Migration
12 41 (8.06%) Data Modelling
13 38 (7.47%) Decision-Making
14 37 (7.27%) Stakeholder Management
15 35 (6.88%) ITIL
16 31 (6.09%) SDLC
17 28 (5.50%) Collaborative Working
Programming Languages
1 126 (24.75%) Python
2 111 (21.81%) Java
3 94 (18.47%) SQL
4 63 (12.38%) JavaScript
5 46 (9.04%) C++
6 34 (6.68%) C#
7 24 (4.72%) Scala
8 21 (4.13%) PowerShell
9 19 (3.73%) Bash Shell
10 16 (3.14%) C
11 14 (2.75%) Groovy
12 9 (1.77%) Java 8
12 9 (1.77%) Shell Script
13 7 (1.38%) Perl
13 7 (1.38%) T-SQL
13 7 (1.38%) TypeScript
14 6 (1.18%) R
14 6 (1.18%) Ruby
15 5 (0.98%) PHP
15 5 (0.98%) PL/SQL
Qualifications
1 78 (15.32%) Degree
2 40 (7.86%) Computer Science Degree
3 23 (4.52%) CISSP
4 14 (2.75%) PMI Certification
5 13 (2.55%) AWS Certification
6 11 (2.16%) PMP
7 10 (1.96%) Cisco Certification
8 6 (1.18%) (ISC)2 CCSP
8 6 (1.18%) Master's Degree
9 3 (0.59%) CISM
9 3 (0.59%) MBA
9 3 (0.59%) Microsoft Certification
10 2 (0.39%) ACCA
10 2 (0.39%) CCIE
10 2 (0.39%) CCNA
10 2 (0.39%) CCNP
10 2 (0.39%) GIAC
10 2 (0.39%) ISEB
10 2 (0.39%) ITIL Certification
10 2 (0.39%) MCSE
Quality Assurance & Compliance
1 226 (44.40%) GDPR
2 23 (4.52%) QA
3 17 (3.34%) SLA
4 13 (2.55%) NIST
5 11 (2.16%) Data Quality
6 8 (1.57%) ISO/IEC 27001
7 7 (1.38%) COBIT
8 5 (0.98%) Accessibility
8 5 (0.98%) EMIR
8 5 (0.98%) GRC
8 5 (0.98%) PMO
9 4 (0.79%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
10 3 (0.59%) Basel II
10 3 (0.59%) COREP
10 3 (0.59%) FINREP
10 3 (0.59%) NIST 800
11 2 (0.39%) MiFID
12 1 (0.20%) PCI DSS
12 1 (0.20%) PMBOK
12 1 (0.20%) Sarbanes-Oxley
System Software
1 71 (13.95%) Docker
2 29 (5.70%) Active Directory
3 7 (1.38%) VMware Infrastructure
4 6 (1.18%) vSphere
5 4 (0.79%) KVM
6 3 (0.59%) Hyper-V
6 3 (0.59%) Squid
6 3 (0.59%) VMware ESXi
7 1 (0.20%) Apache Flume
7 1 (0.20%) NFS
7 1 (0.20%) Oracle RAC
7 1 (0.20%) RACF
7 1 (0.20%) Time Sharing Option
7 1 (0.20%) Virtual Machines
7 1 (0.20%) XenApp
Systems Management
1 85 (16.70%) Terraform
2 81 (15.91%) Kubernetes
3 47 (9.23%) Ansible
4 10 (1.96%) SCCM
5 8 (1.57%) Opscode Chef
5 8 (1.57%) Puppet
6 6 (1.18%) Microsoft Intune
6 6 (1.18%) Packer
7 5 (0.98%) Nessus
7 5 (0.98%) NetBackup
8 4 (0.79%) Grafana
8 4 (0.79%) Prometheus
8 4 (0.79%) SCOM
9 3 (0.59%) Active Directory Federation Services
9 3 (0.59%) WSUS
10 2 (0.39%) Istio
10 2 (0.39%) Kibana
10 2 (0.39%) logstash
10 2 (0.39%) SCOrch
10 2 (0.39%) Single Sign-On
Vendors
1 77 (15.13%) Microsoft
2 48 (9.43%) Oracle
3 41 (8.06%) Google
4 22 (4.32%) Salesforce.com
5 21 (4.13%) Databricks
6 14 (2.75%) Splunk
7 13 (2.55%) Cisco
7 13 (2.55%) IBM
7 13 (2.55%) VMware
8 10 (1.96%) MuleSoft
9 9 (1.77%) AppDynamics
9 9 (1.77%) ServiceNow
10 8 (1.57%) NetApp
11 7 (1.38%) F5
11 7 (1.38%) SAP
12 6 (1.18%) Red Hat
13 5 (0.98%) Avaya
13 5 (0.98%) CA Agile Central
13 5 (0.98%) Teradata
13 5 (0.98%) Veritas