Period
to 29 July 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 July 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 Jul 2021
Same period 2020 Same period 2019
Rank 453 395 302
Rank change year-on-year -58 -93 +70
Contract jobs citing Financial Institution 321 185 803
As % of all contract jobs advertised in the UK 0.45% 0.50% 0.88%
As % of the General category 0.84% 0.96% 1.68%
Number of daily rates quoted 210 130 577
10th Percentile £413 £387 £381
25th Percentile £500 £421 £450
Median daily rate (50th Percentile) £585 £500 £550
Median % change year-on-year +17.00% -9.09% +4.76%
75th Percentile £658 £600 £613
90th Percentile £750 £651 £700
UK excluding London median daily rate £500 £475 £500
% change year-on-year +5.26% -5.00% +15.61%
Number of hourly rates quoted 2 6 1
Median hourly rate £94.71 £15.60 £10.00
Median % change year-on-year +507.10% +56.00% -46.52%
UK excluding London median hourly rate £80.73 £11.20 £10.00
% change year-on-year +620.80% +12.00% -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 38,039 19,203 47,916
As % of all contract IT jobs advertised in the UK 53.01% 52.27% 52.27%
Number of daily rates quoted 25,445 12,687 31,077
10th Percentile £306 £263 £275
25th Percentile £405 £385 £375
Median daily rate (50th Percentile) £500 £475 £475
Median % change year-on-year +5.26% - +5.56%
75th Percentile £613 £595 £575
90th Percentile £700 £700 £663
UK excluding London median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +0.95%
Number of hourly rates quoted 1,301 722 1,460
10th Percentile £12.00 £12.36 £10.80
25th Percentile £13.40 £15.00 £14.00
Median hourly rate £19.50 £20.50 £19.36
Median % change year-on-year -4.88% +5.89% +6.81%
75th Percentile £40.00 £40.75 £38.75
90th Percentile £56.50 £52.50 £50.00
UK excluding London median hourly rate £17.50 £19.85 £18.00
% change year-on-year -11.84% +10.28% +3.93%

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 July 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 July 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 July 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 -40 300 £594 +18.70% 115
London -37 243 £600 +14.29% 66
Work from Home -240 44 £600 +31.51% 24
UK excluding London -95 29 £500 +5.26% 59
North of England -51 8 £225 -50.00% 28
Yorkshire -29 6 £188 -56.40% 8
Scotland -49 6 £525 -4.55% 9
Midlands -41 5 £550 -2.22% 5
South East -53 5 £403 +27.78% 11
South West -18 4 £500 +11.11% 4
East Midlands -16 3 £625 +11.11% 3
North West -40 2 £431 +4.36% 20
West Midlands - 2 £215 - 2
Wales - 1 £500 - 1

For the 6 months to 29 July 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.

1 321 (100.00%) Finance
2 106 (33.02%) Banking
3 88 (27.41%) Agile Software Development
4 86 (26.79%) Social Skills
5 76 (23.68%) Hedge funds
6 72 (22.43%) Data Protection
6 72 (22.43%) Legal
7 70 (21.81%) AWS
8 69 (21.50%) Java
9 66 (20.56%) GDPR
10 62 (19.31%) Python
10 62 (19.31%) Azure
11 59 (18.38%) SQL
12 56 (17.45%) DevOps
13 50 (15.58%) Degree
14 44 (13.71%) Kubernetes
15 43 (13.40%) Analytical Skills
16 41 (12.77%) Migration
17 39 (12.15%) Investment Banking
18 37 (11.53%) Windows
19 36 (11.21%) Microsoft
19 36 (11.21%) Docker
20 35 (10.90%) GCP
21 34 (10.59%) Linux
21 34 (10.59%) Oracle
22 33 (10.28%) AOP
23 32 (9.97%) Project Management
24 31 (9.66%) Git (software)
25 30 (9.35%) Scrum
25 30 (9.35%) Risk 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 14 (4.36%) Apache Spark
2 12 (3.74%) Apache
3 9 (2.80%) GemFire
4 6 (1.87%) Confluence
5 4 (1.25%) OpenStack
6 3 (0.93%) Elasticsearch
6 3 (0.93%) MS Exchange
6 3 (0.93%) SAS
6 3 (0.93%) SharePoint
7 2 (0.62%) Jupyter
8 1 (0.31%) Apache Airflow
8 1 (0.31%) Camunda
8 1 (0.31%) CMS
8 1 (0.31%) Ethereum
8 1 (0.31%) Exchange Server 2010
8 1 (0.31%) IIS
8 1 (0.31%) Jetty
8 1 (0.31%) MQSeries
8 1 (0.31%) Skype for Business
Applications
1 14 (4.36%) Microsoft Excel
2 7 (2.18%) Microsoft Office
2 7 (2.18%) Microsoft PowerPoint
3 2 (0.62%) MS Visio
4 1 (0.31%) Figma
4 1 (0.31%) Microsoft Project
4 1 (0.31%) Sketch
4 1 (0.31%) Spreadsheet
Business Applications
1 6 (1.87%) Cloudability
2 2 (0.62%) Remedy ITSM
3 1 (0.31%) Loan IQ
3 1 (0.31%) Oracle BPM
3 1 (0.31%) Oracle Payables
3 1 (0.31%) Oracle Procure-to-Pay
3 1 (0.31%) Oracle Subledger Accounting
Cloud Services
1 70 (21.81%) AWS
2 62 (19.31%) Azure
3 35 (10.90%) GCP
4 21 (6.54%) AWS CloudFormation
5 15 (4.67%) Microsoft 365
5 15 (4.67%) Serverless
6 9 (2.80%) AWS Lambda
7 7 (2.18%) Azure Active Directory
7 7 (2.18%) Cloud Computing
8 6 (1.87%) Amazon S3
9 5 (1.56%) Amazon EKS
9 5 (1.56%) Apigee
10 4 (1.25%) GitHub
10 4 (1.25%) Power Platform
11 3 (0.93%) Amazon EC2
11 3 (0.93%) Amazon EMR
11 3 (0.93%) Amazon SQS
11 3 (0.93%) AWS Step Functions
11 3 (0.93%) Salesforce Sales Cloud
12 2 (0.62%) Amazon SageMaker
Communications & Networking
1 9 (2.80%) DNS
2 8 (2.49%) Firewall
3 6 (1.87%) DHCP
3 6 (1.87%) TCP/IP
4 4 (1.25%) Skype
4 4 (1.25%) WAN
5 3 (0.93%) FTP
5 3 (0.93%) LAN
5 3 (0.93%) SAN
5 3 (0.93%) Unified Communications
5 3 (0.93%) WebEx
5 3 (0.93%) Wireless
6 2 (0.62%) F5 BIG-IP GTM
6 2 (0.62%) F5 BIG-IP LTM
6 2 (0.62%) HTTP
6 2 (0.62%) NAS
6 2 (0.62%) NX-OS
6 2 (0.62%) VoIP
6 2 (0.62%) Wireshark
6 2 (0.62%) WLAN
Database & Business Intelligence
1 14 (4.36%) SQL Server
2 11 (3.43%) Big Data
3 9 (2.80%) Hadoop
4 8 (2.49%) NoSQL
4 8 (2.49%) Oracle Database
4 8 (2.49%) PostgreSQL
5 7 (2.18%) Data Warehouse
5 7 (2.18%) MongoDB
6 6 (1.87%) Amazon DynamoDB
7 5 (1.56%) BigQuery
7 5 (1.56%) Data Lake
7 5 (1.56%) MS Access
7 5 (1.56%) Relational Database
8 3 (0.93%) Apache Hive
8 3 (0.93%) Oracle Database 10g
8 3 (0.93%) Oracle Database 11g
8 3 (0.93%) Oracle Database 12c
8 3 (0.93%) Tableau
9 2 (0.62%) Looker
9 2 (0.62%) Pentaho
Development Applications
1 31 (9.66%) Git (software)
2 27 (8.41%) Jenkins
3 15 (4.67%) Maven
4 11 (3.43%) Subversion
5 9 (2.80%) Hudson
6 8 (2.49%) JIRA
7 4 (1.25%) GitLab
8 3 (0.93%) Atlassian Bamboo
8 3 (0.93%) Gradle
8 3 (0.93%) webpack
9 2 (0.62%) Bitbucket
9 2 (0.62%) Eclipse
9 2 (0.62%) ERwin
9 2 (0.62%) SonarQube
10 1 (0.31%) CircleCI
10 1 (0.31%) gulp
10 1 (0.31%) IntelliJ
10 1 (0.31%) Sonatype Nexus
10 1 (0.31%) Travis CI
10 1 (0.31%) VersionOne
General
1 321 (100.00%) Finance
2 106 (33.02%) Banking
3 86 (26.79%) Social Skills
4 72 (22.43%) Legal
5 43 (13.40%) Analytical Skills
6 39 (12.15%) Investment Banking
7 24 (7.48%) Front Office
8 10 (3.12%) Billing
9 8 (2.49%) Documentation Skills
9 8 (2.49%) Organisational Skills
9 8 (2.49%) Presentation Skills
10 7 (2.18%) Marketing
11 6 (1.87%) Back Office
11 6 (1.87%) Retail
12 3 (0.93%) Retail Banking
13 2 (0.62%) Influencing Skills
13 2 (0.62%) International Banking
14 1 (0.31%) Danish Language
14 1 (0.31%) Inclusion and Diversity
14 1 (0.31%) Prime Brokerage
Job Titles
1 88 (27.41%) Developer
2 54 (16.82%) Architect
3 53 (16.51%) Analyst
4 37 (11.53%) Java Developer
5 33 (10.28%) Business Analyst
6 22 (6.85%) AWS Architect
7 17 (5.30%) Azure Engineer
7 17 (5.30%) Cloud Architect
7 17 (5.30%) Senior Developer
8 16 (4.98%) Banking Analyst
9 15 (4.67%) Consultant
9 15 (4.67%) Project Manager
9 15 (4.67%) Risk Analyst
10 12 (3.74%) C++ Developer
10 12 (3.74%) Investment Banking Business Analyst
10 12 (3.74%) Risk Business Analyst
10 12 (3.74%) Senior Java Developer
11 11 (3.43%) Security Architect
12 10 (3.12%) Python Developer
12 10 (3.12%) Solutions Architect
Libraries, Frameworks & Software Standards
1 28 (8.72%) Spring
2 20 (6.23%) React
3 18 (5.61%) CSS
3 18 (5.61%) Node.js
4 17 (5.30%) .NET
5 13 (4.05%) HTML
5 13 (4.05%) REST
6 11 (3.43%) Middleware
7 10 (3.12%) Kafka
8 9 (2.80%) AngularJS
9 7 (2.18%) JMS
9 7 (2.18%) Spring Boot
10 6 (1.87%) RESTful
10 6 (1.87%) Swagger
10 6 (1.87%) Web Services
11 5 (1.56%) GraphQL
11 5 (1.56%) Material-UI
11 5 (1.56%) YAML
12 4 (1.25%) Enzyme
12 4 (1.25%) Redux
Miscellaneous
1 76 (23.68%) Hedge funds
2 28 (8.72%) Market Risk
3 21 (6.54%) Derivative
4 18 (5.61%) Cloud Native
5 14 (4.36%) Equities
5 14 (4.36%) User Experience
6 11 (3.43%) Fixed Income
7 10 (3.12%) Data Centre
7 10 (3.12%) Foreign Exchange (FX)
7 10 (3.12%) Legacy Systems
7 10 (3.12%) Reference Data
8 9 (2.80%) Enterprise Cloud
8 9 (2.80%) Grid Computing
9 8 (2.49%) Analytical Mindset
10 6 (1.87%) Algorithms
10 6 (1.87%) Credit Risk
10 6 (1.87%) Enterprise Software
10 6 (1.87%) Public Cloud
11 5 (1.56%) Management Information System
11 5 (1.56%) PMI
Operating Systems
1 37 (11.53%) Windows
2 34 (10.59%) Linux
3 20 (6.23%) Unix
4 6 (1.87%) Windows 10
5 4 (1.25%) Windows Server
6 3 (0.93%) Red Hat Enterprise Linux
7 2 (0.62%) AIX
7 2 (0.62%) Solaris
7 2 (0.62%) Windows Server 2008
7 2 (0.62%) Windows Server 2012
7 2 (0.62%) Windows Server 2016
8 1 (0.31%) Android
8 1 (0.31%) Apple iOS
8 1 (0.31%) Windows 7
8 1 (0.31%) Windows Server 2003
8 1 (0.31%) Windows Server 2019
8 1 (0.31%) Windows XP
Processes & Methodologies
1 88 (27.41%) Agile Software Development
2 72 (22.43%) Data Protection
3 56 (17.45%) DevOps
4 41 (12.77%) Migration
5 33 (10.28%) AOP
6 32 (9.97%) Project Management
7 30 (9.35%) Analytics
7 30 (9.35%) Risk Management
7 30 (9.35%) Scrum
8 29 (9.03%) Computer Science
8 29 (9.03%) Microservices
9 28 (8.72%) ITIL
10 23 (7.17%) Decision-Making
10 23 (7.17%) Infrastructure as Code
11 22 (6.85%) SDLC
12 21 (6.54%) Cybersecurity
12 21 (6.54%) Mathematics
13 20 (6.23%) Software Engineering
14 19 (5.92%) Business Analysis
14 19 (5.92%) Problem-Solving
Programming Languages
1 69 (21.50%) Java
2 62 (19.31%) Python
3 59 (18.38%) SQL
4 29 (9.03%) JavaScript
5 22 (6.85%) Java 8
6 21 (6.54%) C++
7 20 (6.23%) C#
8 13 (4.05%) PowerShell
9 10 (3.12%) TypeScript
10 9 (2.80%) T-SQL
11 7 (2.18%) C
12 5 (1.56%) Perl
12 5 (1.56%) PL/SQL
13 4 (1.25%) Scala
13 4 (1.25%) Shell Script
14 3 (0.93%) Apex Code
14 3 (0.93%) Lua
14 3 (0.93%) PHP
14 3 (0.93%) Ruby
15 2 (0.62%) SOQL
Qualifications
1 50 (15.58%) Degree
2 19 (5.92%) Computer Science Degree
3 13 (4.05%) CISSP
4 9 (2.80%) PMI Certification
5 6 (1.87%) Cisco Certification
5 6 (1.87%) Master's Degree
5 6 (1.87%) PMP
6 5 (1.56%) CISM
7 3 (0.93%) (ISC)2 CCSP
7 3 (0.93%) AWS Certification
7 3 (0.93%) CCNP
7 3 (0.93%) GIAC
8 2 (0.62%) CRISC
8 2 (0.62%) ISSMP
8 2 (0.62%) MBA
9 1 (0.31%) CCNA
9 1 (0.31%) CCSE
9 1 (0.31%) ITIL Certification
9 1 (0.31%) SC Cleared
9 1 (0.31%) Security Cleared
Quality Assurance & Compliance
1 66 (20.56%) GDPR
2 10 (3.12%) SLA
3 9 (2.80%) Data Quality
4 8 (2.49%) ISO/IEC 27001
4 8 (2.49%) QA
5 6 (1.87%) PCI DSS
5 6 (1.87%) Sarbanes-Oxley
6 5 (1.56%) Accessibility
7 4 (1.25%) PMO
8 3 (0.93%) GRC
8 3 (0.93%) IFRS
8 3 (0.93%) NIST
9 2 (0.62%) COBIT
9 2 (0.62%) EMIR
9 2 (0.62%) MiFID
10 1 (0.31%) PMBOK
System Software
1 36 (11.21%) Docker
2 23 (7.17%) Active Directory
3 5 (1.56%) VMware Infrastructure
4 2 (0.62%) Oracle RAC
4 2 (0.62%) Veritas File System
4 2 (0.62%) XenApp
5 1 (0.31%) Hyper-V
5 1 (0.31%) Microsoft App-V
5 1 (0.31%) VirtualBox
5 1 (0.31%) VMware ESXi
5 1 (0.31%) VMware Workstation
5 1 (0.31%) vSphere
5 1 (0.31%) XenDesktop
Systems Management
1 44 (13.71%) Kubernetes
2 30 (9.35%) Terraform
3 19 (5.92%) Ansible
4 6 (1.87%) Microsoft Intune
5 4 (1.25%) SCCM
6 3 (0.93%) SCOM
7 2 (0.62%) Active Directory Federation Services
7 2 (0.62%) BladeLogic
7 2 (0.62%) Cisco CUCM
7 2 (0.62%) FortiGate
7 2 (0.62%) Kibana
7 2 (0.62%) logstash
7 2 (0.62%) Opscode Chef
7 2 (0.62%) Packer
7 2 (0.62%) SCOrch
7 2 (0.62%) vRealize
7 2 (0.62%) vRealize Orchestrator
8 1 (0.31%) Nessus
8 1 (0.31%) Single Sign-On
8 1 (0.31%) Symantec Enterprise Vault
Vendors
1 36 (11.21%) Microsoft
2 34 (10.59%) Oracle
3 26 (8.10%) Google
4 11 (3.43%) Cisco
5 8 (2.49%) IBM
5 8 (2.49%) VMware
6 6 (1.87%) Salesforce.com
7 5 (1.56%) ServiceNow
8 4 (1.25%) Splunk
8 4 (1.25%) Symantec
9 3 (0.93%) Avaya
9 3 (0.93%) CA Agile Central
9 3 (0.93%) Dell
9 3 (0.93%) Delphix
9 3 (0.93%) Red Hat
9 3 (0.93%) Speakerbus
9 3 (0.93%) Veritas
10 2 (0.62%) Arista
10 2 (0.62%) Databricks
10 2 (0.62%) UiPath