Period
to

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 23 May 2022 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
23 May 2022
Same period 2021 Same period 2020
Rank 372 473 444
Rank change year-on-year +101 -29 -127
Contract jobs citing Financial Institution 580 217 197
As % of all contract jobs advertised in the UK 0.67% 0.37% 0.41%
As % of the General category 1.18% 0.70% 0.80%
Number of daily rates quoted 305 133 138
10th Percentile £313 £426 £346
25th Percentile £400 £500 £413
Median daily rate (50th Percentile) £600 £600 £500
Median % change year-on-year - +20.00% -9.09%
75th Percentile £738 £700 £600
90th Percentile £813 £750 £666
UK excluding London median daily rate £425 £500 £500
% change year-on-year -15.00% - +2.56%
Number of hourly rates quoted 0 1 6
10th Percentile - - £10.31
25th Percentile - - £11.10
Median hourly rate - £80.73 £11.30
Median % change year-on-year - +614.42% -40.84%
75th Percentile - - £11.40
90th Percentile - - £38.70
UK excluding London median hourly rate - £80.73 £11.30
% change year-on-year - +614.42% -

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 49,034 30,825 24,581
As % of all contract IT jobs advertised in the UK 56.53% 52.86% 51.02%
Number of daily rates quoted 34,000 20,611 15,946
10th Percentile £321 £300 £256
25th Percentile £425 £400 £375
Median daily rate (50th Percentile) £538 £500 £475
Median % change year-on-year +7.50% +5.26% -
75th Percentile £650 £600 £588
90th Percentile £750 £700 £675
UK excluding London median daily rate £475 £438 £438
% change year-on-year +8.57% - +2.94%
Number of hourly rates quoted 1,397 1,132 1,012
10th Percentile £12.50 £12.00 £12.42
25th Percentile £15.00 £14.25 £15.00
Median hourly rate £22.50 £22.00 £20.00
Median % change year-on-year +2.27% +10.00% +6.95%
75th Percentile £47.40 £43.75 £40.52
90th Percentile £59.40 £55.00 £52.50
UK excluding London median hourly rate £19.25 £19.00 £19.00
% change year-on-year +1.29% - +5.56%

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 23 May 2022.

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
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 23 May 2022. 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
Jobs
England +74 514 £600 - 120
London +65 438 £605 +0.83% 92
Work from Home +72 279 £575 -4.17% 48
UK excluding London -16 67 £425 -15.00% 34
South East -7 25 £260 -50.48% 3
North of England -28 23 £374 -13.18% 14
Yorkshire -16 17 £338 - 7
Scotland +7 9 £389 - 8
North West -31 6 £550 +27.76% 6
South West -25 4 - - 3
West Midlands -43 4 £500 - 2
Midlands -47 4 £500 -37.50% 6
East of England - 1 - -
Northern Ireland - 1 £525 -

For the 6 months to 23 May 2022, 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.

1 580 (100.00%) Finance
2 176 (30.34%) Agile
3 168 (28.97%) Legal
4 166 (28.62%) Data Protection
5 164 (28.28%) Social Skills
6 162 (27.93%) GDPR
7 160 (27.59%) Hedge funds
8 147 (25.34%) Banking
9 130 (22.41%) Python
10 108 (18.62%) Java
10 108 (18.62%) AWS
11 107 (18.45%) Azure
12 103 (17.76%) CI/CD
13 101 (17.41%) AOP
14 95 (16.38%) Microsoft
15 83 (14.31%) SQL
16 75 (12.93%) Analytical Skills
17 73 (12.59%) DevOps
18 71 (12.24%) Problem-Solving
19 69 (11.90%) Analytics
20 68 (11.72%) Git (software)
20 68 (11.72%) Windows
21 62 (10.69%) Migration
21 62 (10.69%) Kubernetes
22 59 (10.17%) Scrum
22 59 (10.17%) Linux
23 56 (9.66%) Jenkins
24 54 (9.31%) Docker
24 54 (9.31%) Stakeholder Management
25 50 (8.62%) Kafka

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 39 (6.72%) Confluence
2 33 (5.69%) Apache Spark
3 19 (3.28%) Apache
4 16 (2.76%) SharePoint
5 15 (2.59%) MTS
6 12 (2.07%) Elasticsearch
7 9 (1.55%) MS Exchange
7 9 (1.55%) Tomcat
8 7 (1.21%) WebLogic
9 5 (0.86%) IIS
10 4 (0.69%) Apache Pig
10 4 (0.69%) Exchange Server 2010
10 4 (0.69%) JBoss
10 4 (0.69%) WebSphere
11 3 (0.52%) Gunicorn
11 3 (0.52%) nginx
11 3 (0.52%) Skype for Business
12 2 (0.34%) Cloud Foundry
12 2 (0.34%) GlassFish
12 2 (0.34%) OpenStack
Applications
1 26 (4.48%) Microsoft Office
2 20 (3.45%) Microsoft Excel
3 15 (2.59%) Chatbot
3 15 (2.59%) Microsoft PowerPoint
4 9 (1.55%) MS Visio
5 1 (0.17%) InVision
5 1 (0.17%) Microsoft Project
5 1 (0.17%) Sketch
5 1 (0.17%) Spreadsheet
5 1 (0.17%) UserZoom
Business Applications
1 15 (2.59%) BondVision
2 3 (0.52%) Eikon
2 3 (0.52%) Refinitiv Enterprise Platform
2 3 (0.52%) RMDS
3 2 (0.34%) Dynamics CRM
3 2 (0.34%) Oracle Applications
4 1 (0.17%) ION MarketView
4 1 (0.17%) SunGard Martini
4 1 (0.17%) Temenos T24
Cloud Services
1 108 (18.62%) AWS
2 107 (18.45%) Azure
3 41 (7.07%) Serverless
4 39 (6.72%) GCP
5 33 (5.69%) Microsoft 365
6 28 (4.83%) Amazon S3
7 26 (4.48%) AWS Lambda
8 23 (3.97%) OpenShift
9 20 (3.45%) AWS CloudFormation
10 19 (3.28%) Power Platform
11 16 (2.76%) SaaS
12 15 (2.59%) AWS Step Functions
12 15 (2.59%) GitHub
13 14 (2.41%) Amazon EMR
13 14 (2.41%) PaaS
14 13 (2.24%) IaaS
15 12 (2.07%) Amazon EC2
16 10 (1.72%) AWS CodePipeline
16 10 (1.72%) Azure Data Factory
17 9 (1.55%) Amazon EKS
Communications & Networking
1 33 (5.69%) TCP/IP
2 23 (3.97%) Firewall
3 19 (3.28%) NX-OS
4 18 (3.10%) DNS
5 14 (2.41%) DHCP
6 13 (2.24%) Network Security
7 10 (1.72%) WAN
8 9 (1.55%) Wireless
9 7 (1.21%) SSH
10 5 (0.86%) DMZ
10 5 (0.86%) Internet
10 5 (0.86%) LAN
10 5 (0.86%) Multicast
11 4 (0.69%) BGP
11 4 (0.69%) OSPF
11 4 (0.69%) VPN
12 3 (0.52%) Cisco Nexus
12 3 (0.52%) iSCSI
12 3 (0.52%) Structured Cabling
12 3 (0.52%) VLAN
Database & Business Intelligence
1 43 (7.41%) Big Data
2 30 (5.17%) Hadoop
3 24 (4.14%) Data Warehouse
4 23 (3.97%) SQL Server
5 19 (3.28%) Relational Database
6 17 (2.93%) Metadata
7 16 (2.76%) NoSQL
7 16 (2.76%) Power BI
8 15 (2.59%) RDBMS
9 14 (2.41%) Data Lake
9 14 (2.41%) PostgreSQL
10 13 (2.24%) Amazon Redshift
10 13 (2.24%) SQL Server Integration Services
11 11 (1.90%) SQL Server Reporting Services
11 11 (1.90%) Tableau
12 10 (1.72%) Apache Hive
12 10 (1.72%) Flink
13 9 (1.55%) MySQL
14 8 (1.38%) Oracle Database
14 8 (1.38%) Text Mining
Development Applications
1 68 (11.72%) Git (software)
2 56 (9.66%) Jenkins
3 48 (8.28%) JIRA
4 22 (3.79%) TeamCity
5 16 (2.76%) Sonatype Nexus
6 14 (2.41%) Bitbucket
6 14 (2.41%) SonarQube
7 13 (2.24%) Maven
8 11 (1.90%) GitLab
9 8 (1.38%) Cucumber
9 8 (1.38%) Selenium
10 7 (1.21%) Crucible
10 7 (1.21%) IntelliJ
11 6 (1.03%) FishEye
12 5 (0.86%) Eclipse
13 4 (0.69%) Artifactory
13 4 (0.69%) Gradle
13 4 (0.69%) JUnit
13 4 (0.69%) Subversion
13 4 (0.69%) Visual Studio
General
1 580 (100.00%) Finance
2 168 (28.97%) Legal
3 164 (28.28%) Social Skills
4 147 (25.34%) Banking
5 75 (12.93%) Analytical Skills
6 44 (7.59%) Investment Banking
7 34 (5.86%) Front Office
8 19 (3.28%) Retail
9 18 (3.10%) Presentation Skills
10 13 (2.24%) Back Office
10 13 (2.24%) Documentation Skills
10 13 (2.24%) French Language
11 8 (1.38%) Influencing Skills
12 6 (1.03%) Digital Economy
12 6 (1.03%) Marketing
13 4 (0.69%) German Language
13 4 (0.69%) Retail Banking
14 3 (0.52%) Pharmaceutical
15 2 (0.34%) Automotive
15 2 (0.34%) Manufacturing
Job Titles
1 110 (18.97%) Analyst
2 96 (16.55%) Developer
3 62 (10.69%) Architect
4 45 (7.76%) Business Analyst
5 40 (6.90%) Data Engineer
6 34 (5.86%) Network Engineer
7 32 (5.52%) Java Developer
8 30 (5.17%) Support Analyst
9 29 (5.00%) Applications Support
9 29 (5.00%) AWS Engineer
10 25 (4.31%) Consultant
11 24 (4.14%) Cloud Engineer
12 23 (3.97%) Applications Support Analyst
13 19 (3.28%) Azure Engineer
14 18 (3.10%) DevOps Engineer
15 17 (2.93%) Junior
15 17 (2.93%) Support Engineer
16 16 (2.76%) Banking Analyst
16 16 (2.76%) Investment Banking Business Analyst
16 16 (2.76%) Junior Network Engineer
Libraries, Frameworks & Software Standards
1 50 (8.62%) Kafka
2 33 (5.69%) .NET
3 31 (5.34%) Spring
4 25 (4.31%) HTML
5 24 (4.14%) Spring Boot
6 22 (3.79%) AngularJS
7 21 (3.62%) React
8 20 (3.45%) Node.js
9 18 (3.10%) REST
10 17 (2.93%) CSS
10 17 (2.93%) Middleware
11 14 (2.41%) .NET Framework
12 13 (2.24%) ASP.NET
12 13 (2.24%) Elastic Stack
12 13 (2.24%) PySpark
12 13 (2.24%) Spark Streaming
13 12 (2.07%) HTML5
14 11 (1.90%) NumPy
14 11 (1.90%) Pandas
15 10 (1.72%) WinForms
Miscellaneous
1 160 (27.59%) Hedge funds
2 41 (7.07%) Data Centre
3 26 (4.48%) Legacy Systems
4 24 (4.14%) Fixed Income
4 24 (4.14%) Public Cloud
4 24 (4.14%) Self-Motivation
5 20 (3.45%) SWIFT
6 18 (3.10%) Virtual Team
7 17 (2.93%) Credit Risk
7 17 (2.93%) Data Structures
8 15 (2.59%) Eurex
9 14 (2.41%) Cloud Native
10 12 (2.07%) Algorithms
11 11 (1.90%) Enterprise Software
11 11 (1.90%) User Experience
12 10 (1.72%) Foreign Exchange (FX)
13 8 (1.38%) Derivative
14 7 (1.21%) Management Information System
14 7 (1.21%) Market Risk
14 7 (1.21%) Replication
Operating Systems
1 68 (11.72%) Windows
2 59 (10.17%) Linux
3 34 (5.86%) Unix
4 20 (3.45%) Windows 7
5 13 (2.24%) Red Hat Enterprise Linux
6 10 (1.72%) Windows Server
7 8 (1.38%) Windows 10
8 7 (1.21%) VMS
9 6 (1.03%) Oracle Linux
9 6 (1.03%) Windows Server 2012
9 6 (1.03%) Windows Server 2016
10 5 (0.86%) Windows Server 2019
11 4 (0.69%) Android
11 4 (0.69%) CentOS
11 4 (0.69%) Solaris
11 4 (0.69%) Ubuntu
12 2 (0.34%) Apple iOS
12 2 (0.34%) Windows Server 2008
Processes & Methodologies
1 176 (30.34%) Agile
2 166 (28.62%) Data Protection
3 103 (17.76%) CI/CD
4 101 (17.41%) AOP
5 73 (12.59%) DevOps
6 71 (12.24%) Problem-Solving
7 69 (11.90%) Analytics
8 62 (10.69%) Migration
9 59 (10.17%) Scrum
10 54 (9.31%) Stakeholder Management
11 47 (8.10%) Microservices
12 42 (7.24%) Software Engineering
13 40 (6.90%) Project Management
13 40 (6.90%) SDLC
14 37 (6.38%) Risk Management
14 37 (6.38%) Test Automation
15 35 (6.03%) Change Management
16 34 (5.86%) ITIL
17 32 (5.52%) Infrastructure as Code
18 31 (5.34%) Business Analysis
Programming Languages
1 130 (22.41%) Python
2 108 (18.62%) Java
3 83 (14.31%) SQL
4 34 (5.86%) PowerShell
5 32 (5.52%) JavaScript
6 30 (5.17%) C++
7 28 (4.83%) Scala
8 22 (3.79%) C#
9 19 (3.28%) Bash
10 17 (2.93%) TypeScript
11 13 (2.24%) Shell Script
12 9 (1.55%) Groovy
12 9 (1.55%) Perl
13 7 (1.21%) Korn
14 6 (1.03%) C
14 6 (1.03%) ES6
14 6 (1.03%) PL/SQL
15 4 (0.69%) Kotlin
15 4 (0.69%) Ruby
16 3 (0.52%) Go
Qualifications
1 32 (5.52%) Degree
2 26 (4.48%) AWS Certification
3 24 (4.14%) Computer Science Degree
4 16 (2.76%) Security Cleared
5 12 (2.07%) SC Cleared
6 9 (1.55%) Cisco Certification
7 7 (1.21%) CCNP
8 5 (0.86%) CISSP
8 5 (0.86%) Master's Degree
9 4 (0.69%) CCIE
9 4 (0.69%) CCNA
9 4 (0.69%) ITIL Certification
9 4 (0.69%) RHCA
10 3 (0.52%) BICSI RCDD
10 3 (0.52%) CISM
10 3 (0.52%) Microsoft Certification
10 3 (0.52%) PhD
10 3 (0.52%) PMP
11 2 (0.34%) CISA
11 2 (0.34%) GIAC
Quality Assurance & Compliance
1 162 (27.93%) GDPR
2 37 (6.38%) QA
3 14 (2.41%) SLA
4 11 (1.90%) ISO 20022
4 11 (1.90%) ISO/IEC 27001
4 11 (1.90%) PMO
4 11 (1.90%) SEPA
5 8 (1.38%) NIST
6 4 (0.69%) Accessibility
7 3 (0.52%) Data Quality
7 3 (0.52%) PCI DSS
8 2 (0.34%) COBIT
8 2 (0.34%) GRC
8 2 (0.34%) NIST 800
9 1 (0.17%) Basel II
9 1 (0.17%) GxP
9 1 (0.17%) Solvency II
System Software
1 54 (9.31%) Docker
2 28 (4.83%) Active Directory
3 14 (2.41%) VMware Infrastructure
4 11 (1.90%) VMware ESXi
5 9 (1.55%) Virtual Desktop
6 7 (1.21%) Hyper-V
7 4 (0.69%) Microsoft App-V
7 4 (0.69%) vSphere
8 3 (0.52%) HDFS
8 3 (0.52%) NFS
8 3 (0.52%) Virtual Machines
8 3 (0.52%) XenApp
9 2 (0.34%) Firmware
9 2 (0.34%) VMware Workstation
Systems Management
1 62 (10.69%) Kubernetes
2 47 (8.10%) Terraform
3 22 (3.79%) Ansible
4 10 (1.72%) Kibana
4 10 (1.72%) logstash
5 7 (1.21%) ITRS Geneos
6 6 (1.03%) Opscode Chef
6 6 (1.03%) SCCM
7 5 (0.86%) Packer
8 4 (0.69%) WSUS
9 3 (0.52%) Active Directory Federation Services
9 3 (0.52%) Control-M
9 3 (0.52%) Hadoop YARN
9 3 (0.52%) Microsoft Intune
9 3 (0.52%) Nessus
10 2 (0.34%) FortiGate
10 2 (0.34%) Grafana
10 2 (0.34%) Istio
10 2 (0.34%) Puppet
10 2 (0.34%) Single Sign-On
Vendors
1 95 (16.38%) Microsoft
2 40 (6.90%) Cisco
3 39 (6.72%) Oracle
4 26 (4.48%) Fortinet
4 26 (4.48%) Juniper
5 25 (4.31%) F5
5 25 (4.31%) Google
6 23 (3.97%) Bloomberg
7 20 (3.45%) Red Hat
8 19 (3.28%) Arista
9 18 (3.10%) VMware
10 17 (2.93%) ION Trading
11 16 (2.76%) ServiceNow
12 15 (2.59%) Tradeweb
13 13 (2.24%) Citrix
14 12 (2.07%) Databricks
15 10 (1.72%) CheckPoint
15 10 (1.72%) DevExpress
15 10 (1.72%) Splunk
16 8 (1.38%) Reuters