Period
to 27 June 2019

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 27 June 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.

Financial Institution
UK
6 months to
27 Jun 2019
Same period 2018 Same period 2017
Rank 289 365 329
Rank change year-on-year +76 -36 +22
Contract jobs citing Financial Institution 833 690 686
As % of all contract IT jobs advertised in the UK 0.91% 0.68% 0.74%
As % of the General category 2.56% 1.83% 1.90%
Number of daily rates quoted 556 372 454
UK median daily rate £550 £525 £550
Median daily rate % change year-on-year +4.76% -4.55% +10.00%
10th Percentile £400 £355 £388
90th Percentile £700 £713 £725
UK excluding London median daily rate £500 £425 £471
% change year-on-year +17.65% -9.67% +6.93%
Number of hourly rates quoted 1 18 4
UK median hourly rate £19.50 £19.03 £23.00
Median hourly rate % change year-on-year +2.47% -17.26% +120.31%
UK excluding London median hourly rate - £14.05 -

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 32,529 37,689 36,045
As % of all contract IT jobs advertised in the UK 35.69% 37.29% 39.14%
Number of daily rates quoted 21,044 24,525 23,612
UK median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +1.12%
10th Percentile £306 £300 £275
90th Percentile £675 £675 £650
UK excluding London median daily rate £440 £425 £405
% change year-on-year +3.53% +4.94% +1.25%
Number of hourly rates quoted 717 878 874
UK median hourly rate £31.00 £25.00 £25.00
Median hourly rate % change year-on-year +24.00% - -5.66%
10th Percentile £13.75 £12.25 £11.33
90th Percentile £51.45 £50.00 £51.25
UK excluding London median hourly rate £35.00 £25.00 £26.83
% change year-on-year +40.00% -6.82% -6.68%

Financial Institution
Job Vacancy Trend

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

Job vacancy trend for Financial Institution in the UK

Financial Institution
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution.

Contractor daily rate trend for Financial Institution in the UK

Financial Institution
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Financial Institution over the 6 months to 27 June 2019.

Contractor daily rate histogram for Financial Institution in the UK

Financial Institution
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Institution.

Contractor hourly rate trend for Financial Institution in the UK

Financial Institution
Top 15 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 27 June 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 +85 792 £550 +2.33% 51
London +52 608 £550 - 36
UK excluding London +70 222 £500 +17.65% 18
North of England +104 116 £500 -6.98% 5
Yorkshire +76 98 £500 +25.00% 2
Scotland +24 34 £475 +2.70% 1
South East +9 26 £475 -9.52% 5
Midlands +20 22 £525 +540.24% 1
South West -13 19 £550 +29.41% 2
North West +38 18 £260 -48.00% 3
East Midlands +12 11 £550 +570.73%
West Midlands +10 11 £500 -13.04% 1
Wales +7 3 £625 +31.58% 2
East of England -2 1 - - 2
Channel Islands - 1 - -

For the 6 months to 27 June 2019, 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.

1 833 (100.00%) Finance
2 273 (32.77%) Banking
3 266 (31.93%) Agile Software Development
4 222 (26.65%) Change Management
5 186 (22.33%) Digital Transformation Programme
6 147 (17.65%) DevOps
7 130 (15.61%) Hedge funds
8 126 (15.13%) SQL
9 124 (14.89%) Amazon AWS
10 117 (14.05%) Python
11 114 (13.69%) Java
12 92 (11.04%) Microsoft
13 87 (10.44%) Cybersecurity
14 84 (10.08%) Degree
14 84 (10.08%) Migration
15 83 (9.96%) Microsoft Azure
16 82 (9.84%) Stakeholder Management
16 82 (9.84%) Project Management
17 80 (9.60%) Windows
18 77 (9.24%) C#
18 77 (9.24%) Analytical Skills
19 76 (9.12%) .NET
19 76 (9.12%) Linux
20 71 (8.52%) Problem-Solving
21 69 (8.28%) Jenkins
22 68 (8.16%) JavaScript
22 68 (8.16%) Scrum
23 65 (7.80%) Continuous Integration
24 64 (7.68%) Test Automation
25 62 (7.44%) Analytics

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 (2.52%) Confluence
2 15 (1.80%) Apache Spark
3 13 (1.56%) Apache
4 10 (1.20%) SAS
5 8 (0.96%) Blackberry Enterprise Server
5 8 (0.96%) MS Exchange
6 7 (0.84%) Jupyter
6 7 (0.84%) MS Project Server
6 7 (0.84%) OpenStack
7 6 (0.72%) Oracle Coherence
8 5 (0.60%) Mule
8 5 (0.60%) SharePoint
9 4 (0.48%) BizTalk Server
9 4 (0.48%) IBM HTTP Server
9 4 (0.48%) IIS
9 4 (0.48%) Oracle SOA Suite
9 4 (0.48%) Oracle Workflow
9 4 (0.48%) Skype for Business
9 4 (0.48%) Tomcat
9 4 (0.48%) WebSphere
Applications
1 39 (4.68%) Microsoft Office
2 24 (2.88%) Microsoft Excel
3 17 (2.04%) Microsoft PowerPoint
4 15 (1.80%) Microsoft Project
5 10 (1.20%) MS Visio
6 3 (0.36%) Sketch
7 2 (0.24%) InVision
7 2 (0.24%) Spreadsheet
7 2 (0.24%) Zeplin
Business Applications
1 9 (1.08%) SAP BPC
1 9 (1.08%) SAP CO
1 9 (1.08%) SAP FI
1 9 (1.08%) SAP FI/CO
2 5 (0.60%) Actimize
3 4 (0.48%) BusinessWorks
3 4 (0.48%) Eikon
3 4 (0.48%) Summit
4 2 (0.24%) Oracle Financials
4 2 (0.24%) PeopleSoft Financials
5 1 (0.12%) Global One
5 1 (0.12%) Oracle Cash Management
5 1 (0.12%) Oracle EBS
5 1 (0.12%) RMDS
5 1 (0.12%) Temenos T24
Cloud Services
1 124 (14.89%) Amazon AWS
2 83 (9.96%) Microsoft Azure
3 44 (5.28%) Google Cloud Platform
4 43 (5.16%) Office 365
5 21 (2.52%) GitHub
6 19 (2.28%) Amazon EC2
6 19 (2.28%) Amazon S3
7 18 (2.16%) PaaS
8 15 (1.80%) Amazon ELB
9 13 (1.56%) IaaS
10 10 (1.20%) Amazon ECS
10 10 (1.20%) AWS CloudFormation
10 10 (1.20%) AWS Elastic Beanstalk
10 10 (1.20%) AWS OpsWorks
11 9 (1.08%) Slack
12 8 (0.96%) SaaS
13 7 (0.84%) Serverless
14 6 (0.72%) Amazon ElastiCache
14 6 (0.72%) Cloud Computing
14 6 (0.72%) Power Platform
Communications & Networking
1 53 (6.36%) Firewall
2 41 (4.92%) WAN
3 24 (2.88%) LAN
4 20 (2.40%) DNS
5 15 (1.80%) DHCP
6 12 (1.44%) BGP
6 12 (1.44%) TCP/IP
6 12 (1.44%) VPN
7 10 (1.20%) Multicast
8 9 (1.08%) SAN
9 8 (0.96%) Cisco IOS
9 8 (0.96%) MPLS
9 8 (0.96%) OSPF
10 7 (0.84%) Unified Communications
10 7 (0.84%) WebEx
11 6 (0.72%) Network Security
12 5 (0.60%) Ethernet
12 5 (0.60%) Internet
12 5 (0.60%) NAS
12 5 (0.60%) Skype
Database & Business Intelligence
1 56 (6.72%) SQL Server
2 50 (6.00%) Big Data
3 29 (3.48%) SQL Server Integration Services
4 27 (3.24%) SQL Server Reporting Services
5 26 (3.12%) MySQL
6 25 (3.00%) NoSQL
6 25 (3.00%) Relational Database
7 16 (1.92%) Data Warehouse
8 15 (1.80%) Hadoop
9 13 (1.56%) MongoDB
10 11 (1.32%) BigQuery
10 11 (1.32%) Oracle Database
11 9 (1.08%) Redis
11 9 (1.08%) SAP BW
12 7 (0.84%) SQL Server Analysis Services
13 6 (0.72%) Amazon RDS
13 6 (0.72%) Apache Cassandra
13 6 (0.72%) Data Mining
13 6 (0.72%) PostgreSQL
13 6 (0.72%) Power BI
Development Applications
1 69 (8.28%) Jenkins
2 54 (6.48%) Git (software)
3 48 (5.76%) JIRA
4 20 (2.40%) Bitbucket
5 18 (2.16%) TeamCity
6 17 (2.04%) Selenium
7 15 (1.80%) Sonatype Nexus
8 14 (1.68%) Maven
9 13 (1.56%) Gradle
10 11 (1.32%) GitLab
11 10 (1.20%) Cucumber
12 9 (1.08%) Team Foundation Server
13 8 (0.96%) Eclipse
14 6 (0.72%) Atlassian Bamboo
14 6 (0.72%) Visual Studio Team System
15 5 (0.60%) CircleCI
15 5 (0.60%) GoCD
15 5 (0.60%) Octopus Deploy
15 5 (0.60%) Travis CI
15 5 (0.60%) Visual Studio
General
1 833 (100.00%) Finance
2 273 (32.77%) Banking
3 55 (6.60%) Retail
4 38 (4.56%) Front Office
5 36 (4.32%) Investment Banking
6 30 (3.60%) Back Office
7 12 (1.44%) Retail Banking
8 10 (1.20%) Telecoms
9 7 (0.84%) Law
10 6 (0.72%) Billing
10 6 (0.72%) Legal
11 5 (0.60%) Marketing
12 3 (0.36%) Pharmaceutical
12 3 (0.36%) Publishing
13 2 (0.24%) Advertising
13 2 (0.24%) Games
13 2 (0.24%) Retail Finance
14 1 (0.12%) French Language
14 1 (0.12%) German Language
14 1 (0.12%) Social Science
Job Titles
1 220 (26.41%) Developer
2 125 (15.01%) Analyst
3 87 (10.44%) Project Manager
4 75 (9.00%) Architect
5 66 (7.92%) Business Analyst
6 55 (6.60%) Consultant
7 47 (5.64%) Java Developer
8 41 (4.92%) C# Developer
9 38 (4.56%) .NET Developer
10 32 (3.84%) DevOps Engineer
11 30 (3.60%) Python Developer
12 29 (3.48%) Network Engineer
13 26 (3.12%) C# .NET Developer
14 25 (3.00%) Software Developer
14 25 (3.00%) SQL Developer
15 20 (2.40%) Solutions Architect
16 19 (2.28%) Cloud Architect
16 19 (2.28%) Security Architect
17 17 (2.04%) IT Analyst
18 16 (1.92%) Senior Developer
Libraries, Frameworks & Software Standards
1 76 (9.12%) .NET
2 42 (5.04%) AngularJS
3 38 (4.56%) Web Services
4 36 (4.32%) React
5 31 (3.72%) Middleware
5 31 (3.72%) RESTful
6 29 (3.48%) HTML
6 29 (3.48%) Spring
7 24 (2.88%) SOAP
8 23 (2.76%) REST
9 22 (2.64%) CSS
9 22 (2.64%) XML
10 17 (2.04%) Node.js
11 15 (1.80%) JSON
12 14 (1.68%) Hibernate
13 11 (1.32%) .NET Core
13 11 (1.32%) Angular 2
13 11 (1.32%) ASP.NET Web Forms
13 11 (1.32%) Kafka
14 10 (1.20%) Pandas
Miscellaneous
1 130 (15.61%) Hedge funds
2 77 (9.24%) Analytical Skills
3 26 (3.12%) Fixed Income
4 25 (3.00%) Data Protection Act
5 23 (2.76%) Data Centre
5 23 (2.76%) Public Cloud
6 22 (2.64%) Data Structures
6 22 (2.64%) Greenfield Project
7 21 (2.52%) User Experience
8 20 (2.40%) Equities
9 16 (1.92%) Algorithms
10 15 (1.80%) Virtual Team
11 14 (1.68%) Credit Risk
12 12 (1.44%) Distributed Denial-of-Service
12 12 (1.44%) Foreign Exchange (FX)
12 12 (1.44%) Management Information System
12 12 (1.44%) Mobile App
13 11 (1.32%) Cyberattack
13 11 (1.32%) Market Risk
14 10 (1.20%) Self-Motivation
Operating Systems
1 80 (9.60%) Windows
2 76 (9.12%) Linux
3 26 (3.12%) Windows 10
4 20 (2.40%) Unix
5 16 (1.92%) Windows 7
6 9 (1.08%) Android
6 9 (1.08%) Ubuntu
7 8 (0.96%) Windows Server
8 7 (0.84%) Red Hat Enterprise Linux
9 6 (0.72%) Apple iOS
9 6 (0.72%) Windows Server 2008
10 4 (0.48%) Windows Server 2012
11 3 (0.36%) Solaris
12 1 (0.12%) Data ONTAP
12 1 (0.12%) Kali Linux
12 1 (0.12%) SUSE
Processes & Methodologies
1 266 (31.93%) Agile Software Development
2 222 (26.65%) Change Management
3 186 (22.33%) Digital Transformation Programme
4 147 (17.65%) DevOps
5 87 (10.44%) Cybersecurity
6 84 (10.08%) Migration
7 82 (9.84%) Project Management
7 82 (9.84%) Stakeholder Management
8 71 (8.52%) Problem-Solving
9 68 (8.16%) Scrum
10 65 (7.80%) Continuous Integration
11 64 (7.68%) Test Automation
12 62 (7.44%) Analytics
13 55 (6.60%) Risk Management
14 54 (6.48%) TDD
15 51 (6.12%) Continuous Deployment
16 46 (5.52%) PRINCE2
17 45 (5.40%) SDLC
18 42 (5.04%) BDD
19 40 (4.80%) Kanban
Programming Languages
1 126 (15.13%) SQL
2 117 (14.05%) Python
3 114 (13.69%) Java
4 77 (9.24%) C#
5 68 (8.16%) JavaScript
6 38 (4.56%) PowerShell
7 27 (3.24%) C++
8 26 (3.12%) Scala
9 19 (2.28%) Bash Shell
9 19 (2.28%) Java 8
10 17 (2.04%) R
11 16 (1.92%) VB.NET
12 13 (1.56%) Go
12 13 (1.56%) PL/SQL
12 13 (1.56%) TypeScript
13 11 (1.32%) Perl
14 10 (1.20%) T-SQL
15 9 (1.08%) Groovy
15 9 (1.08%) VBA
16 8 (0.96%) Shell Script
Qualifications
1 84 (10.08%) Degree
2 19 (2.28%) Cisco Certification
3 15 (1.80%) CCNP
3 15 (1.80%) CISSP
4 14 (1.68%) PRINCE2 Certification
5 13 (1.56%) Computer Science Degree
6 12 (1.44%) PMI Certification
7 11 (1.32%) CCIE
7 11 (1.32%) PMP
8 9 (1.08%) GIAC
9 8 (0.96%) CEH
9 8 (0.96%) CISA
10 7 (0.84%) CISM
10 7 (0.84%) Microsoft Certification
11 6 (0.72%) CCSA
11 6 (0.72%) CCSE
11 6 (0.72%) Security Cleared
12 5 (0.60%) GSNA
12 5 (0.60%) OSCP
12 5 (0.60%) SANS
Quality Assurance & Compliance
1 55 (6.60%) QA
2 17 (2.04%) GDPR
3 16 (1.92%) MiFID
4 12 (1.44%) ISO/IEC 27001
5 11 (1.32%) PMO
5 11 (1.32%) SEPA
6 10 (1.20%) PSD2
7 8 (0.96%) Dodd-Frank
7 8 (0.96%) EMIR
8 7 (0.84%) PCI DSS
9 6 (0.72%) Data Quality
9 6 (0.72%) SLA
10 4 (0.48%) COBIT
10 4 (0.48%) TARGET2
11 3 (0.36%) Sarbanes-Oxley
12 2 (0.24%) AIFMD
12 2 (0.24%) COREP
12 2 (0.24%) CRD IV
12 2 (0.24%) FATCA
12 2 (0.24%) ITGC
System Software
1 40 (4.80%) Docker
2 25 (3.00%) Active Directory
3 18 (2.16%) VMware Infrastructure
4 6 (0.72%) Virtual Desktop
4 6 (0.72%) Virtual Machines
5 4 (0.48%) VMware ESXi
6 3 (0.36%) Hyper-V
6 3 (0.36%) vSphere
7 2 (0.24%) Apache Flume
7 2 (0.24%) Apache ZooKeeper
7 2 (0.24%) OpenAM
7 2 (0.24%) XenDesktop
8 1 (0.12%) Citrix Hypervisor
8 1 (0.12%) KVM
8 1 (0.12%) NFS
8 1 (0.12%) OpenDJ
8 1 (0.12%) Oracle RAC
8 1 (0.12%) XenApp
Systems Management
1 41 (4.92%) Ansible
2 29 (3.48%) Terraform
3 28 (3.36%) Kubernetes
4 15 (1.80%) Puppet
5 14 (1.68%) Control-M
6 10 (1.20%) SCCM
7 8 (0.96%) Opscode Chef
8 7 (0.84%) HP Quality Center
9 6 (0.72%) Tivoli
10 5 (0.60%) NetBackup
10 5 (0.60%) Netcool
11 4 (0.48%) Tivoli Monitoring
12 3 (0.36%) Kibana
12 3 (0.36%) logstash
12 3 (0.36%) vRealize Orchestrator
13 2 (0.24%) Microsoft Clustering
13 2 (0.24%) Microsoft Intune
13 2 (0.24%) Packer
13 2 (0.24%) RSA Archer
13 2 (0.24%) Single Sign-On
Vendors
1 92 (11.04%) Microsoft
2 45 (5.40%) Oracle
3 39 (4.68%) Cisco
4 36 (4.32%) Google
5 30 (3.60%) VMware
6 28 (3.36%) CheckPoint
7 26 (3.12%) SAP
7 26 (3.12%) Splunk
8 25 (3.00%) Cadence
9 19 (2.28%) IBM
10 17 (2.04%) Citrix
10 17 (2.04%) EMC
10 17 (2.04%) Informatica
11 14 (1.68%) NetApp
12 13 (1.56%) F5
12 13 (1.56%) Sybase
12 13 (1.56%) TIBCO
13 12 (1.44%) BMC
13 12 (1.44%) ServiceNow
14 11 (1.32%) Salesforce.com