Period
to 21 August 2017

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 21 August 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.

Financial Institution
UK
6 months to
21 Aug 2017
Same period 2016 Same period 2015
Rank 314 340 317
Rank change year-on-year +26 -23 -43
Contract jobs citing Financial Institution 733 786 827
As % of all contract IT jobs advertised in the UK 0.77% 0.72% 0.73%
As % of the General category 1.94% 1.97% 1.84%
Number of daily rates quoted 457 499 531
UK median daily rate £550 £500 £450
Median daily rate % change year-on-year +10.00% +11.11% -
10th Percentile £379 £358 £309
90th Percentile £721 £669 £663
UK excluding London median daily rate £464 £475 £400
% change year-on-year -2.32% +18.75% +9.59%
Number of hourly rates quoted 3 11 5
UK median hourly rate £23.00 £9.13 £16.00
Median hourly rate % change year-on-year +152.05% -42.97% +60.97%
UK excluding London median hourly rate - £9.13 £16.00
% change year-on-year - -42.97% +60.97%

Financial Institution is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

General Skills
UK
Contract job vacancies with a requirement for common skills 37758 39822 44981
As % of all contract IT job vacancies advertised in the UK 39.41% 36.72% 39.63%
Number of daily rates quoted 24807 26455 28402
UK median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% -
10th Percentile £283 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 843 958 1168
UK median hourly rate £25.50 £24.00 £22.83
Median hourly rate % change year-on-year +6.25% +5.12% +1.47%
10th Percentile £11.75 £11.07 £10.50
90th Percentile £49.84 £47.62 £49.19
UK excluding London median hourly rate £27.50 £25.00 £26.85
% change year-on-year +10.00% -6.87% +7.38%

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 21 August 2017.

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 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 21 August 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 +12 697 £550 +10.00% 137
London +5 602 £550 +10.00% 113
UK excluding London +31 123 £464 -2.32% 27
South East +31 46 £450 -18.18% 6
North of England +59 30 £450 +18.42% 11
Scotland +29 26 £600 +26.32% 2
North West +32 20 £425 +30.77% 6
Yorkshire +26 10 £450 +2.86% 4
South West -1 9 £525 -19.23% 1
Midlands +27 7 £420 +311.76% 4
West Midlands +45 6 £325 -29.73% 2
Northern Ireland - 4 £464 -
East Midlands -21 1 £515 +520.48% 2
East of England -23 1 £213 -55.26% 2

For the 6 months to 21 August 2017, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 733 (100.00%) Finance
2 252 (34.38%) Banking
3 194 (26.47%) Agile Software Development
4 183 (24.97%) Java
5 179 (24.42%) SQL
6 122 (16.64%) Oracle
7 105 (14.32%) Analytical Skills
8 97 (13.23%) Analytics
9 92 (12.55%) Linux
10 90 (12.28%) Change Management
10 90 (12.28%) Investment Banking
11 84 (11.46%) Microsoft
12 82 (11.19%) Front Office
13 76 (10.37%) TDD
14 74 (10.10%) Hedge funds
15 71 (9.69%) Stakeholder Management
15 71 (9.69%) JavaScript
16 68 (9.28%) C#
16 68 (9.28%) Risk Management
17 65 (8.87%) DevOps
18 63 (8.59%) FIX Protocol
18 63 (8.59%) Git (software)
19 62 (8.46%) Degree
19 62 (8.46%) Unix
20 58 (7.91%) Foreign Exchange (FX)
21 56 (7.64%) HTML
22 55 (7.50%) Sybase
22 55 (7.50%) Windows
23 54 (7.37%) SQL Server
23 54 (7.37%) Performance Management

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 20 (2.73%) Oracle Workflow
2 19 (2.59%) Apache
3 16 (2.18%) SharePoint
4 14 (1.91%) EPiServer
5 13 (1.77%) WebSphere
6 9 (1.23%) Apache Solr
6 9 (1.23%) Apache Spark
7 7 (0.95%) Confluence
7 7 (0.95%) OpenStack
7 7 (0.95%) Tomcat
8 6 (0.82%) CMS
9 5 (0.68%) WebLogic
10 4 (0.55%) Cloud Foundry
10 4 (0.55%) JBoss
10 4 (0.55%) WebSphere Application Server
11 3 (0.41%) IBM HTTP Server
11 3 (0.41%) Oracle HTTP Server
11 3 (0.41%) Oracle SOA Suite
12 2 (0.27%) DataSynapse
12 2 (0.27%) SAS
Applications
1 39 (5.32%) Microsoft Excel
2 28 (3.82%) Microsoft Office
3 12 (1.64%) Microsoft PowerPoint
4 8 (1.09%) Photoshop
5 7 (0.95%) MS Visio
6 6 (0.82%) Adobe Illustrator
6 6 (0.82%) Microsoft Project
7 3 (0.41%) Spreadsheet
8 1 (0.14%) Adobe Creative Suite
8 1 (0.14%) SPSS
Business Applications
1 8 (1.09%) SimCorp Dimension
2 7 (0.95%) Dynamics CRM
3 4 (0.55%) Eikon
4 3 (0.41%) Loan IQ
5 2 (0.27%) Markit EDM
6 1 (0.14%) Dynamics NAV
6 1 (0.14%) ION MarketView
6 1 (0.14%) Oracle Subledger Accounting
6 1 (0.14%) SDL Web 8
6 1 (0.14%) Sentinel
6 1 (0.14%) Summit
6 1 (0.14%) Temenos Globus
6 1 (0.14%) Temenos T24
6 1 (0.14%) VisionPLUS
Cloud Services
1 37 (5.05%) Amazon AWS
2 34 (4.64%) Microsoft Azure
3 20 (2.73%) PaaS
4 9 (1.23%) GitHub
4 9 (1.23%) OpenShift
5 6 (0.82%) Adobe Creative Cloud
5 6 (0.82%) IaaS
6 4 (0.55%) Cloud Computing
6 4 (0.55%) SaaS
7 3 (0.41%) AWS CloudFormation
7 3 (0.41%) AWS Lambda
7 3 (0.41%) Google Cloud Platform
8 2 (0.27%) Office 365
9 1 (0.14%) Amazon EC2
9 1 (0.14%) Amazon ELB
9 1 (0.14%) Amazon Kinesis
9 1 (0.14%) Amazon SQS
9 1 (0.14%) CloudFront
9 1 (0.14%) Route 53
9 1 (0.14%) SuccessFactors
Communications & Networking
1 18 (2.46%) Firewall
2 14 (1.91%) TCP/IP
3 13 (1.77%) HTTP
4 10 (1.36%) SAN
5 9 (1.23%) Internet
6 8 (1.09%) FTP
6 8 (1.09%) SSL
7 6 (0.82%) LAN
7 6 (0.82%) NAS
7 6 (0.82%) WAN
8 5 (0.68%) BIG-IP
8 5 (0.68%) Fibre Channel
9 4 (0.55%) DHCP
9 4 (0.55%) DNS
9 4 (0.55%) F5 BIG-IP LTM
9 4 (0.55%) NFC
9 4 (0.55%) OSPF
9 4 (0.55%) VoIP
10 3 (0.41%) HTTPS
10 3 (0.41%) NetScaler
Database & Business Intelligence
1 54 (7.37%) SQL Server
2 49 (6.68%) Relational Database
3 25 (3.41%) Big Data
4 24 (3.27%) Blockchain
5 17 (2.32%) Data Warehouse
6 15 (2.05%) DB2
6 15 (2.05%) MongoDB
6 15 (2.05%) SQL Server Integration Services
7 14 (1.91%) SQL Server Reporting Services
8 13 (1.77%) Hadoop
9 10 (1.36%) GIS
9 10 (1.36%) Oracle Database
10 9 (1.23%) Flink
10 9 (1.23%) SQL Server 2012
11 8 (1.09%) PostgreSQL
11 8 (1.09%) QlikView
11 8 (1.09%) Squirro
12 7 (0.95%) Siebel EIM
13 6 (0.82%) MySQL
13 6 (0.82%) RDBMS
Development Applications
1 63 (8.59%) Git (software)
2 39 (5.32%) JIRA
2 39 (5.32%) TeamCity
3 35 (4.77%) Maven
4 33 (4.50%) Subversion
4 33 (4.50%) Team Foundation Server
5 32 (4.37%) Sonatype Nexus
6 22 (3.00%) Jenkins
7 13 (1.77%) gulp
7 13 (1.77%) Moq
8 12 (1.64%) Octopus Deploy
9 8 (1.09%) NUnit
10 6 (0.82%) Talend Open Studio
10 6 (0.82%) Visual Studio
11 5 (0.68%) LoadRunner
12 4 (0.55%) ClearCase
12 4 (0.55%) CruiseControl
12 4 (0.55%) ERwin
12 4 (0.55%) JUnit
12 4 (0.55%) PowerDesigner
General
1 733 (100.00%) Finance
2 252 (34.38%) Banking
3 90 (12.28%) Investment Banking
4 82 (11.19%) Front Office
5 22 (3.00%) Marketing
6 19 (2.59%) Back Office
7 13 (1.77%) Retail
8 11 (1.50%) Legal
9 10 (1.36%) Billing
10 8 (1.09%) Retail Banking
11 7 (0.95%) German Language
12 6 (0.82%) Telecoms
13 4 (0.55%) Law
14 3 (0.41%) General Ledger
15 2 (0.27%) Advertising
16 1 (0.14%) Corporate Banking
16 1 (0.14%) Electronics
16 1 (0.14%) Manufacturing
16 1 (0.14%) Pharmaceutical
16 1 (0.14%) Private Banking
Job Titles
1 217 (29.60%) Developer
2 118 (16.10%) Analyst
3 75 (10.23%) Java Developer
4 58 (7.91%) Business Analyst
5 50 (6.82%) Architect
6 43 (5.87%) Consultant
7 41 (5.59%) Project Manager
8 26 (3.55%) C# Developer
9 25 (3.41%) Applications Engineer
9 25 (3.41%) Monitoring Engineer
9 25 (3.41%) Performance Engineer
10 23 (3.14%) SQL Developer
11 19 (2.59%) DevOps Engineer
11 19 (2.59%) Financial Analyst
11 19 (2.59%) Test Manager
12 18 (2.46%) Service Analyst
13 17 (2.32%) Administrator
13 17 (2.32%) Data Analyst
14 15 (2.05%) Test Analyst
15 14 (1.91%) Senior Consultant
Libraries, Frameworks & Software Standards
1 63 (8.59%) FIX Protocol
2 56 (7.64%) HTML
3 51 (6.96%) .NET
3 51 (6.96%) CSS
4 49 (6.68%) Web Services
5 45 (6.14%) JMS
6 34 (4.64%) HTML5
7 33 (4.50%) AngularJS
8 28 (3.82%) RESTful
9 27 (3.68%) J2EE
9 27 (3.68%) Ultra Messaging
10 25 (3.41%) XML
11 23 (3.14%) ASP.NET
12 20 (2.73%) Spring
13 18 (2.46%) .NET Framework
13 18 (2.46%) ASP.NET Web API
14 17 (2.32%) jQuery
14 17 (2.32%) LINQ
14 17 (2.32%) Twitter Bootstrap
14 17 (2.32%) WCF
Miscellaneous
1 105 (14.32%) Analytical Skills
2 74 (10.10%) Hedge funds
3 58 (7.91%) Foreign Exchange (FX)
4 40 (5.46%) Derivative
5 35 (4.77%) Computer Science
6 33 (4.50%) Equities
7 28 (3.82%) Management Information System
8 26 (3.55%) Fixed Income
9 25 (3.41%) Fintech
10 24 (3.27%) Virtual Team
11 19 (2.59%) Market Risk
12 18 (2.46%) Data Centre
13 15 (2.05%) Clustering
14 13 (1.77%) OTC Derivatives
15 11 (1.50%) Greenfield Project
16 10 (1.36%) User Experience
17 9 (1.23%) Cloud Native
17 9 (1.23%) PKI
17 9 (1.23%) Reference Data
18 8 (1.09%) Credit Risk
Operating Systems
1 92 (12.55%) Linux
2 62 (8.46%) Unix
3 55 (7.50%) Windows
4 11 (1.50%) Windows Server
5 9 (1.23%) Solaris
6 8 (1.09%) Android
7 7 (0.95%) Red Hat Enterprise Linux
8 6 (0.82%) Apple iOS
9 5 (0.68%) Data ONTAP
9 5 (0.68%) Windows Server 2012
10 4 (0.55%) Windows 7
10 4 (0.55%) Windows Server 2008
11 3 (0.41%) AIX
11 3 (0.41%) Ubuntu
12 2 (0.27%) zOS
13 1 (0.14%) CentOS
13 1 (0.14%) Oracle Linux
13 1 (0.14%) SUSE
13 1 (0.14%) Windows 10
Processes & Methodologies
1 194 (26.47%) Agile Software Development
2 97 (13.23%) Analytics
3 90 (12.28%) Change Management
4 76 (10.37%) TDD
5 71 (9.69%) Stakeholder Management
6 68 (9.28%) Risk Management
7 65 (8.87%) DevOps
8 54 (7.37%) Performance Management
9 53 (7.23%) SDLC
10 51 (6.96%) Workflow
11 46 (6.28%) Test Automation
12 44 (6.00%) Business Analysis
12 44 (6.00%) Low Latency
13 43 (5.87%) Scrum
14 42 (5.73%) ITIL
14 42 (5.73%) Project Management
15 41 (5.59%) AOP
16 36 (4.91%) Migration
17 35 (4.77%) Data Modelling
17 35 (4.77%) Mentoring
Programming Languages
1 183 (24.97%) Java
2 179 (24.42%) SQL
3 71 (9.69%) JavaScript
4 68 (9.28%) C#
5 49 (6.68%) Python
6 40 (5.46%) Bash Shell
7 37 (5.05%) Perl
8 30 (4.09%) C++
9 26 (3.55%) Shell Script
10 18 (2.46%) R
11 11 (1.50%) Scala
11 11 (1.50%) T-SQL
12 10 (1.36%) PL/SQL
12 10 (1.36%) PowerShell
13 9 (1.23%) VBA
14 7 (0.95%) STATISTICA Visual Basic
15 6 (0.82%) Apex Code
15 6 (0.82%) C
16 5 (0.68%) ES6
17 4 (0.55%) TypeScript
Qualifications
1 62 (8.46%) Degree
2 18 (2.46%) Microsoft Certification
3 14 (1.91%) PRINCE2 Practitioner
4 13 (1.77%) Computer Science Degree
5 11 (1.50%) PMI Certification
6 9 (1.23%) PMP
7 8 (1.09%) MCTS
8 7 (0.95%) Cisco Certification
8 7 (0.95%) CISSP
8 7 (0.95%) Siebel Certification
9 6 (0.82%) RHCE
10 5 (0.68%) CCIE
10 5 (0.68%) CFA
10 5 (0.68%) CISM
10 5 (0.68%) MCSE
11 4 (0.55%) CISA
12 3 (0.41%) ISEB
12 3 (0.41%) ITIL Certification
12 3 (0.41%) MCITP
12 3 (0.41%) Sun Certification
Quality Assurance & Compliance
1 50 (6.82%) MiFID
1 50 (6.82%) QA
2 19 (2.59%) PCI DSS
3 16 (2.18%) EMIR
4 15 (2.05%) Data Quality
4 15 (2.05%) PMO
5 9 (1.23%) GDPR
5 9 (1.23%) ISO/IEC 27001
6 7 (0.95%) Dodd-Frank
7 4 (0.55%) AS 2805
7 4 (0.55%) ISO 20022
7 4 (0.55%) ISO 8583
8 3 (0.41%) COBIT
8 3 (0.41%) SLA
9 2 (0.27%) Actionable Recommendations
9 2 (0.27%) CRD IV
9 2 (0.27%) Cyber Essentials
9 2 (0.27%) FATCA
9 2 (0.27%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
9 2 (0.27%) ISO/IEC 27005
System Software
1 24 (3.27%) Docker
2 17 (2.32%) Active Directory
3 9 (1.23%) VMware Infrastructure
4 6 (0.82%) NFS
5 4 (0.55%) XenDesktop
6 3 (0.41%) Apache ZooKeeper
6 3 (0.41%) Microsoft App-V
6 3 (0.41%) VMware ESXi
6 3 (0.41%) vSphere
6 3 (0.41%) XenApp
7 2 (0.27%) Citrix Presentation Server
7 2 (0.27%) EMC RecoverPoint
7 2 (0.27%) GFS2
7 2 (0.27%) GlusterFS
7 2 (0.27%) OCFS2
7 2 (0.27%) Time Sharing Option
7 2 (0.27%) Veritas Volume Manager
8 1 (0.14%) BitLocker
8 1 (0.14%) Veritas File System
8 1 (0.14%) Virtual Machines
Systems Management
1 17 (2.32%) Puppet
2 12 (1.64%) Kubernetes
3 9 (1.23%) SCCM
4 8 (1.09%) Ansible
5 5 (0.68%) HP SiteScope
6 4 (0.55%) NetApp OnCommand
7 3 (0.41%) Opscode Chef
7 3 (0.41%) Packer
7 3 (0.41%) SCOM
7 3 (0.41%) Terraform
7 3 (0.41%) Tivoli
8 2 (0.27%) CFEngine
8 2 (0.27%) Failover Clustering
8 2 (0.27%) Host Intrusion Detection System
8 2 (0.27%) Rundeck
8 2 (0.27%) SELinux
8 2 (0.27%) vCenter Server
9 1 (0.14%) Cisco CUCM
9 1 (0.14%) Consul
9 1 (0.14%) Oracle Identity Management
Vendors
1 122 (16.64%) Oracle
2 84 (11.46%) Microsoft
3 55 (7.50%) Sybase
4 40 (5.46%) AppDynamics
5 35 (4.77%) TIBCO
6 27 (3.68%) Currenex
7 23 (3.14%) VMware
8 19 (2.59%) HP
8 19 (2.59%) Splunk
9 17 (2.32%) IBM
10 16 (2.18%) Bloomberg
10 16 (2.18%) New Relic
11 15 (2.05%) Salesforce.com
12 13 (1.77%) Calypso
13 12 (1.64%) Cisco
14 11 (1.50%) Tableau
15 10 (1.36%) Red Hat
15 10 (1.36%) Reuters
15 10 (1.36%) Siebel
16 8 (1.09%) Informatica