Period
to 30 March 2020

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 30 March 2020 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
30 Mar 2020
Same period 2019 Same period 2018
Rank 460 336 357
Rank change year-on-year -124 +21 +40
Contract jobs citing Financial Institution 240 745 690
As % of all contract jobs advertised in the UK 0.38% 0.77% 0.67%
As % of the General category 1.03% 1.92% 1.63%
Number of daily rates quoted 158 452 379
Median daily rate £525 £538 £525
Median daily rate % change year-on-year -2.33% +2.38% -
10th Percentile £350 £375 £354
90th Percentile £675 £700 £725
UK excluding London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +8.43%
Number of hourly rates quoted 12 10 18
Median hourly rate £18.70 £18.10 £19.03
Median hourly rate % change year-on-year +3.31% -4.89% -17.26%
10th Percentile £11.13 £13.85 £15.04
90th Percentile £35.00 £18.78 £21.75
UK excluding London median hourly rate £11.30 £14.05 £15.86
% change year-on-year -19.57% -11.41% -

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 23,383 38,736 42,398
As % of all contract IT jobs advertised in the UK 37.26% 39.80% 41.47%
Number of daily rates quoted 14,688 25,442 27,773
Median daily rate £480 £482 £475
Median daily rate % change year-on-year -0.41% +1.47% +5.56%
10th Percentile £275 £300 £280
90th Percentile £688 £675 £675
UK excluding London median daily rate £440 £438 £423
% change year-on-year +0.57% +3.43% +5.75%
Number of hourly rates quoted 846 1,039 1,119
Median hourly rate £23.69 £22.00 £22.00
Median hourly rate % change year-on-year +7.68% - +3.33%
10th Percentile £12.50 £11.85 £11.54
90th Percentile £51.75 £49.16 £48.03
Median hourly rate £21.50 £20.86 £21.25
% change year-on-year +3.09% -1.86% +6.25%

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 30 March 2020.

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 30 March 2020.

Hourly rate histogram for Financial Institution in the UK

Financial Institution
Top 16 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 30 March 2020. 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 -128 228 £525 -4.55% 78
London -87 170 £525 -4.55% 44
UK excluding London +12 68 £500 +5.26% 38
North of England +15 33 £475 -6.40% 18
Yorkshire +17 26 £400 -13.51% 9
South East +67 12 £500 +5.26% 12
Midlands +54 9 £600 +39.13% 1
East Midlands +34 9 £600 +631.71%
Scotland -9 7 £535 +12.63% 1
North East - 4 £575 - 3
North West +15 3 £475 -19.15% 6
South West +8 3 £450 -11.11% 1
Wales +29 2 - - 2
Work from Home +10 2 £450 -6.49%
East of England +42 1 £500 - 2
Channel Islands +2 1 - -

For the 6 months to 30 March 2020, 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.

1 240 (100.00%) Finance
2 59 (24.58%) Agile Software Development
3 54 (22.50%) Java
4 51 (21.25%) Banking
5 50 (20.83%) Change Management
6 37 (15.42%) DevOps
6 37 (15.42%) Digital Transformation Programme
7 36 (15.00%) Windows
8 33 (13.75%) Microsoft
9 32 (13.33%) Analytical Skills
10 27 (11.25%) Computer Science
11 26 (10.83%) Hedge funds
11 26 (10.83%) Python
12 25 (10.42%) .NET
12 25 (10.42%) Degree
13 24 (10.00%) Git (software)
13 24 (10.00%) SQL
13 24 (10.00%) Cybersecurity
14 22 (9.17%) Cisco
14 22 (9.17%) Splunk
15 21 (8.75%) Azure
15 21 (8.75%) JIRA
15 21 (8.75%) Problem-Solving
16 20 (8.33%) Jenkins
16 20 (8.33%) SQL Server
16 20 (8.33%) Linux
17 19 (7.92%) Spring
18 18 (7.50%) AWS
18 18 (7.50%) TDD
18 18 (7.50%) Ansible

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 6 (2.50%) Confluence
2 5 (2.08%) Mattermost
2 5 (2.08%) SharePoint
3 4 (1.67%) Elasticsearch
4 3 (1.25%) MS Exchange
4 3 (1.25%) WebLogic
5 2 (0.83%) Apache Spark
5 2 (0.83%) IIS
5 2 (0.83%) WebSphere
6 1 (0.42%) Anypoint
6 1 (0.42%) Blackberry Enterprise Server
6 1 (0.42%) JBoss
6 1 (0.42%) nginx
6 1 (0.42%) SAS
6 1 (0.42%) Skype for Business
Applications
1 17 (7.08%) Microsoft Office
2 6 (2.50%) Microsoft Excel
3 4 (1.67%) MS Visio
4 3 (1.25%) Microsoft PowerPoint
5 1 (0.42%) Adobe XD
5 1 (0.42%) Figma
5 1 (0.42%) InVision
5 1 (0.42%) Sketch
Business Applications
1 5 (2.08%) SAP S/4HANA
2 4 (1.67%) BusinessWorks
3 2 (0.83%) Loan IQ
4 1 (0.42%) Dynamics CRM
4 1 (0.42%) Front Arena
4 1 (0.42%) Global One
4 1 (0.42%) Payment Gateway
4 1 (0.42%) SAP ERP
4 1 (0.42%) SimCorp Dimension
4 1 (0.42%) Temenos T24
Cloud Services
1 21 (8.75%) Azure
2 18 (7.50%) AWS
3 11 (4.58%) Office 365
4 10 (4.17%) GitHub
5 5 (2.08%) Slack
6 4 (1.67%) GCP
6 4 (1.67%) PaaS
7 3 (1.25%) Cloud Computing
8 2 (0.83%) AWS CloudFormation
8 2 (0.83%) Azure Data Factory
8 2 (0.83%) IaaS
8 2 (0.83%) OpenShift
8 2 (0.83%) Power Platform
8 2 (0.83%) SaaS
8 2 (0.83%) Stackdriver
9 1 (0.42%) Amazon EC2
9 1 (0.42%) Amazon S3
9 1 (0.42%) Dynamics 365
9 1 (0.42%) Route 53
9 1 (0.42%) WhatsApp
Communications & Networking
1 9 (3.75%) WAN
2 7 (2.92%) Firewall
3 6 (2.50%) HTTP
3 6 (2.50%) LAN
4 5 (2.08%) NAS
5 4 (1.67%) DNS
5 4 (1.67%) Skype
5 4 (1.67%) Wireless
6 3 (1.25%) Cisco ASA
6 3 (1.25%) MPLS
6 3 (1.25%) Network Security
6 3 (1.25%) SAN
7 2 (0.83%) BGP
7 2 (0.83%) Cisco IOS
7 2 (0.83%) EIGRP
7 2 (0.83%) NetScaler
7 2 (0.83%) OSPF
7 2 (0.83%) Unified Communications
7 2 (0.83%) VoIP
7 2 (0.83%) WebEx
Database & Business Intelligence
1 20 (8.33%) SQL Server
2 13 (5.42%) SQL Server Integration Services
3 7 (2.92%) Big Data
3 7 (2.92%) MySQL
4 6 (2.50%) SQL Server Reporting Services
5 5 (2.08%) Data Warehouse
6 4 (1.67%) Hadoop
6 4 (1.67%) MongoDB
7 3 (1.25%) Azure SQL Data Warehouse
7 3 (1.25%) Azure SQL Database
7 3 (1.25%) Relational Database
8 2 (0.83%) Data Lake
8 2 (0.83%) Data Mining
8 2 (0.83%) HBase
8 2 (0.83%) NoSQL
8 2 (0.83%) PostgreSQL
8 2 (0.83%) Power BI
9 1 (0.42%) Apache Cassandra
9 1 (0.42%) Apache Hive
9 1 (0.42%) DB2
Development Applications
1 24 (10.00%) Git (software)
2 21 (8.75%) JIRA
3 20 (8.33%) Jenkins
4 9 (3.75%) Maven
5 8 (3.33%) Visual Studio
6 7 (2.92%) Team Foundation Server
7 5 (2.08%) Sonatype Nexus
7 5 (2.08%) Visual Studio Code
7 5 (2.08%) Xcode
8 4 (1.67%) TeamCity
9 3 (1.25%) Android Studio
9 3 (1.25%) CocoaPods
9 3 (1.25%) GitLab
9 3 (1.25%) Gradle
10 2 (0.83%) InstallShield
10 2 (0.83%) MSI
10 2 (0.83%) Subversion
10 2 (0.83%) webpack
10 2 (0.83%) WinDbg
11 1 (0.42%) Oracle Forms
General
1 240 (100.00%) Finance
2 51 (21.25%) Banking
3 16 (6.67%) Front Office
4 13 (5.42%) Back Office
4 13 (5.42%) Investment Banking
5 11 (4.58%) Legal
6 8 (3.33%) Retail
7 6 (2.50%) French Language
8 3 (1.25%) Prime Brokerage
8 3 (1.25%) Retail Banking
9 2 (0.83%) General Ledger
9 2 (0.83%) German Language
9 2 (0.83%) Manufacturing
10 1 (0.42%) Billing
10 1 (0.42%) Marketing
Job Titles
1 73 (30.42%) Developer
2 50 (20.83%) Analyst
3 20 (8.33%) Architect
4 19 (7.92%) Java Developer
5 18 (7.50%) Senior Developer
6 15 (6.25%) .NET Developer
7 14 (5.83%) Business Analyst
8 13 (5.42%) C# .NET Developer
8 13 (5.42%) C# Developer
9 12 (5.00%) Consultant
10 11 (4.58%) DevOps Engineer
10 11 (4.58%) SQL Developer
11 10 (4.17%) Solutions Architect
12 9 (3.75%) AWS DevOps
13 8 (3.33%) AWS DevOps Engineer
13 8 (3.33%) AWS Engineer
13 8 (3.33%) Designer
13 8 (3.33%) Infrastructure Engineer
13 8 (3.33%) IT Analyst
14 7 (2.92%) IT Support
Libraries, Frameworks & Software Standards
1 25 (10.42%) .NET
2 19 (7.92%) Spring
3 11 (4.58%) AngularJS
3 11 (4.58%) JSON
4 10 (4.17%) RESTful
5 9 (3.75%) .NET Framework
5 9 (3.75%) CSS
6 8 (3.33%) REST
6 8 (3.33%) Spring Boot
6 8 (3.33%) XML
7 7 (2.92%) .NET Core
7 7 (2.92%) ASP.NET Web API
7 7 (2.92%) Entity Framework
7 7 (2.92%) HTML
7 7 (2.92%) React
7 7 (2.92%) Web Services
8 6 (2.50%) SOAP
9 5 (2.08%) LINQ
9 5 (2.08%) RxJS
9 5 (2.08%) WCF
Miscellaneous
1 32 (13.33%) Analytical Skills
2 26 (10.83%) Hedge funds
3 13 (5.42%) Derivative
4 10 (4.17%) Analytical Mindset
4 10 (4.17%) User Experience
5 9 (3.75%) Mobile App
6 8 (3.33%) Management Information System
7 7 (2.92%) Blackberry
8 6 (2.50%) Fixed Income
9 5 (2.08%) Algorithms
9 5 (2.08%) Data Centre
9 5 (2.08%) Equities
9 5 (2.08%) iPhone
9 5 (2.08%) Self-Motivation
10 4 (1.67%) Enterprise Software
10 4 (1.67%) FMCG
10 4 (1.67%) Foreign Exchange (FX)
11 3 (1.25%) Data Structures
11 3 (1.25%) PMI
11 3 (1.25%) Public Cloud
Operating Systems
1 36 (15.00%) Windows
2 20 (8.33%) Linux
3 15 (6.25%) Unix
4 13 (5.42%) Windows 10
5 11 (4.58%) Apple iOS
5 11 (4.58%) Windows Server
6 10 (4.17%) Android
7 8 (3.33%) Windows 7
8 3 (1.25%) Mac OS
8 3 (1.25%) Windows Server 2008
9 1 (0.42%) Red Hat Enterprise Linux
9 1 (0.42%) SUSE Linux Enterprise Server
9 1 (0.42%) Windows Server 2012
9 1 (0.42%) Windows Server 2016
9 1 (0.42%) Windows Server 2019
Processes & Methodologies
1 59 (24.58%) Agile Software Development
2 50 (20.83%) Change Management
3 37 (15.42%) DevOps
3 37 (15.42%) Digital Transformation Programme
4 27 (11.25%) Computer Science
5 24 (10.00%) Cybersecurity
6 21 (8.75%) Problem-Solving
7 18 (7.50%) TDD
8 17 (7.08%) Migration
8 17 (7.08%) Scrum
9 15 (6.25%) Test Automation
10 13 (5.42%) Asset Management
10 13 (5.42%) Microservices
10 13 (5.42%) Risk Management
11 12 (5.00%) Continuous Improvement
11 12 (5.00%) Continuous Integration
11 12 (5.00%) Integration Testing
11 12 (5.00%) ITIL
11 12 (5.00%) Project Management
11 12 (5.00%) SDLC
Programming Languages
1 54 (22.50%) Java
2 26 (10.83%) Python
3 24 (10.00%) SQL
4 16 (6.67%) C#
5 15 (6.25%) PowerShell
6 12 (5.00%) Java 8
7 9 (3.75%) JavaScript
8 6 (2.50%) VB.NET
9 5 (2.08%) Apple Swift
9 5 (2.08%) Go
9 5 (2.08%) TypeScript
9 5 (2.08%) VB
9 5 (2.08%) VBScript
10 3 (1.25%) C++
10 3 (1.25%) Kotlin
11 2 (0.83%) C
11 2 (0.83%) T-SQL
12 1 (0.42%) SAPscript
12 1 (0.42%) Shell Script
12 1 (0.42%) VB6
Qualifications
1 25 (10.42%) Degree
2 12 (5.00%) Computer Science Degree
3 7 (2.92%) Cisco Certification
4 6 (2.50%) CCNP
4 6 (2.50%) CISSP
5 5 (2.08%) CISA
5 5 (2.08%) CISM
5 5 (2.08%) CRISC
5 5 (2.08%) CSSLP
5 5 (2.08%) GIAC
5 5 (2.08%) GSSP-.NET
5 5 (2.08%) GSSP-JAVA
5 5 (2.08%) GWAPT
5 5 (2.08%) ISACA
6 3 (1.25%) Microsoft Certification
6 3 (1.25%) PMI Certification
7 2 (0.83%) CCSA
7 2 (0.83%) CCSE
7 2 (0.83%) PRINCE2 Certification
7 2 (0.83%) Security Cleared
Quality Assurance & Compliance
1 10 (4.17%) QA
2 8 (3.33%) GDPR
3 5 (2.08%) PSD2
4 4 (1.67%) PMO
5 1 (0.42%) ISO 22301
5 1 (0.42%) MiFID
5 1 (0.42%) NIST
5 1 (0.42%) SLA
System Software
1 15 (6.25%) Active Directory
2 9 (3.75%) VMware Infrastructure
3 5 (2.08%) Docker
3 5 (2.08%) VirtualBox
4 4 (1.67%) XenApp
5 3 (1.25%) VMware ESXi
6 2 (0.83%) DFS Replication
6 2 (0.83%) Microsoft App-V
6 2 (0.83%) Virtual Machines
6 2 (0.83%) Xen
6 2 (0.83%) XenDesktop
7 1 (0.42%) Hyper-V
7 1 (0.42%) RACF
7 1 (0.42%) VMware Workstation
Systems Management
1 18 (7.50%) Ansible
2 13 (5.42%) Kubernetes
3 12 (5.00%) Terraform
4 7 (2.92%) SCCM
5 6 (2.50%) Kibana
6 4 (1.67%) Control-M
6 4 (1.67%) Puppet
7 3 (1.25%) Opscode Chef
7 3 (1.25%) WSUS
8 2 (0.83%) ITRS Geneos
8 2 (0.83%) Jamf Pro
8 2 (0.83%) logstash
8 2 (0.83%) NetBackup
8 2 (0.83%) Oracle Identity Management
8 2 (0.83%) Packer
8 2 (0.83%) Perfmon
8 2 (0.83%) SCOM
8 2 (0.83%) Tivoli Storage Manager
8 2 (0.83%) vRealize
8 2 (0.83%) XenMobile
Vendors
1 33 (13.75%) Microsoft
2 22 (9.17%) Cisco
2 22 (9.17%) Splunk
3 14 (5.83%) SAP
3 14 (5.83%) VMware
4 13 (5.42%) Citrix
5 12 (5.00%) Oracle
6 8 (3.33%) Google
7 7 (2.92%) Apple
8 6 (2.50%) EMC
8 6 (2.50%) F5
8 6 (2.50%) MuleSoft
9 5 (2.08%) Dedrone
9 5 (2.08%) Dell
9 5 (2.08%) NetApp
9 5 (2.08%) Netsparker
9 5 (2.08%) Tanium
10 4 (1.67%) BMC
10 4 (1.67%) Cadence
10 4 (1.67%) Tableau