Period
to 23 October 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 23 October 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
23 Oct 2019
Same period 2018 Same period 2017
Rank 326 350 331
Rank change year-on-year +24 -19 +34
Contract jobs citing Financial Institution 627 752 770
As % of all contract IT jobs advertised in the UK 0.74% 0.73% 0.77%
As % of the General category 1.91% 1.80% 1.75%
Number of daily rates quoted 471 434 462
UK median daily rate £525 £550 £550
Median daily rate % change year-on-year -4.55% - +15.79%
10th Percentile £368 £357 £375
90th Percentile £700 £713 £725
UK excluding London median daily rate £500 £425 £450
% change year-on-year +17.65% -5.56% +12.50%
Number of hourly rates quoted 4 14 6
UK median hourly rate £18.70 £18.10 £8.63
Median hourly rate % change year-on-year +3.31% +109.86% -4.33%
UK excluding London median hourly rate £10.00 £14.05 £8.63
% change year-on-year -28.83% +62.90% -4.33%

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 32,783 41,751 43,979
As % of all contract IT jobs advertised in the UK 38.71% 40.36% 43.89%
Number of daily rates quoted 21,000 27,048 29,102
UK median daily rate £478 £475 £450
Median daily rate % change year-on-year +0.53% +5.56% +2.86%
10th Percentile £290 £290 £275
90th Percentile £675 £675 £650
UK excluding London median daily rate £438 £425 £401
% change year-on-year +2.94% +5.92% +0.31%
Number of hourly rates quoted 983 1,154 1,089
UK median hourly rate £22.00 £21.00 £22.50
Median hourly rate % change year-on-year +4.76% -6.67% +9.42%
10th Percentile £12.44 £11.85 £11.25
90th Percentile £50.00 £48.75 £47.50
UK excluding London median hourly rate £21.76 £20.00 £22.65
% change year-on-year +8.80% -11.68% +10.46%

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 23 October 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 13 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 October 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 +17 613 £531 -3.41% 112
London +9 422 £550 - 80
UK excluding London +74 205 £500 +17.65% 37
North of England +106 134 £500 +16.28% 17
Yorkshire +101 126 £500 +25.00% 9
Midlands +63 25 £450 +411.36% 2
South East +28 22 £448 +1.70% 8
East Midlands +34 13 £525 +540.24% 1
West Midlands +39 12 £400 -1.23% 1
Scotland +12 11 £500 +17.65% 4
South West -30 10 £550 +2.33% 4
North West +20 8 £330 -25.00% 7
Wales +22 3 £538 +53.57% 1

For the 6 months to 23 October 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.

1 627 (100.00%) Finance
2 222 (35.41%) Change Management
3 209 (33.33%) Digital Transformation Programme
4 196 (31.26%) Agile Software Development
5 179 (28.55%) Banking
6 133 (21.21%) DevOps
7 121 (19.30%) Python
8 92 (14.67%) Hedge funds
9 87 (13.88%) SQL
10 70 (11.16%) Java
11 67 (10.69%) AWS
12 62 (9.89%) Linux
13 58 (9.25%) Migration
13 58 (9.25%) JIRA
14 54 (8.61%) Microsoft
15 53 (8.45%) Windows
15 53 (8.45%) Azure
16 52 (8.29%) Release Management
17 51 (8.13%) C#
17 51 (8.13%) Problem-Solving
18 50 (7.97%) Infrastructure Engineering
18 50 (7.97%) Degree
18 50 (7.97%) Analytical Skills
19 49 (7.81%) Retail
19 49 (7.81%) Project Management
20 48 (7.66%) Stakeholder Management
21 47 (7.50%) Scrum
21 47 (7.50%) Test Automation
22 46 (7.34%) Analytics
22 46 (7.34%) Jenkins

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 24 (3.83%) Confluence
2 11 (1.75%) SharePoint
3 10 (1.59%) Apache Spark
4 9 (1.44%) IIS
4 9 (1.44%) Jupyter
4 9 (1.44%) OpenStack
5 8 (1.28%) Apache
5 8 (1.28%) SAS
6 7 (1.12%) MS Exchange
7 6 (0.96%) Blackberry Enterprise Server
8 5 (0.80%) Mattermost
9 4 (0.64%) Oracle Coherence
9 4 (0.64%) Skype for Business
10 3 (0.48%) Oracle SOA Suite
10 3 (0.48%) WordPress
11 2 (0.32%) Elasticsearch
12 1 (0.16%) Adobe Experience Manager
12 1 (0.16%) Apache Airflow
12 1 (0.16%) Cloud Foundry
12 1 (0.16%) Exchange Server 2013
Applications
1 28 (4.47%) Microsoft Office
2 27 (4.31%) Microsoft Excel
3 22 (3.51%) Microsoft PowerPoint
4 9 (1.44%) MS Visio
5 4 (0.64%) Microsoft Project
6 3 (0.48%) Adobe Illustrator
6 3 (0.48%) Photoshop
6 3 (0.48%) Spreadsheet
Business Applications
1 9 (1.44%) BusinessWorks
2 7 (1.12%) SAP S/4HANA
3 6 (0.96%) SAP BPC
3 6 (0.96%) SAP CO
3 6 (0.96%) SAP FI
3 6 (0.96%) SAP FI/CO
4 3 (0.48%) Actimize
5 2 (0.32%) Eikon
5 2 (0.32%) Global One
5 2 (0.32%) Oracle Financials
5 2 (0.32%) PeopleSoft Financials
6 1 (0.16%) Dynamics CRM
6 1 (0.16%) RMDS
6 1 (0.16%) SimCorp Dimension
Cloud Services
1 67 (10.69%) AWS
2 53 (8.45%) Azure
3 38 (6.06%) Office 365
4 33 (5.26%) GCP
5 25 (3.99%) GitHub
6 13 (2.07%) Amazon EC2
6 13 (2.07%) Amazon S3
7 8 (1.28%) Amazon ELB
8 7 (1.12%) IaaS
8 7 (1.12%) Slack
9 6 (0.96%) AWS Lambda
9 6 (0.96%) Serverless
10 5 (0.80%) Amazon ECS
10 5 (0.80%) AWS CloudFormation
10 5 (0.80%) AWS Elastic Beanstalk
10 5 (0.80%) AWS OpsWorks
10 5 (0.80%) Power Platform
11 4 (0.64%) Amazon EMR
11 4 (0.64%) PaaS
12 3 (0.48%) Amazon SQS
Communications & Networking
1 32 (5.10%) Firewall
2 24 (3.83%) WAN
3 13 (2.07%) LAN
4 12 (1.91%) BGP
4 12 (1.91%) VPN
5 11 (1.75%) DNS
5 11 (1.75%) HTTP
6 9 (1.44%) DHCP
6 9 (1.44%) NAS
7 8 (1.28%) OSPF
8 6 (0.96%) MPLS
8 6 (0.96%) Multicast
8 6 (0.96%) SAN
9 5 (0.80%) EIGRP
9 5 (0.80%) Internet
9 5 (0.80%) Junos
9 5 (0.80%) Network Security
9 5 (0.80%) VPLS
10 4 (0.64%) RIP
10 4 (0.64%) TCP/IP
Database & Business Intelligence
1 45 (7.18%) Big Data
2 32 (5.10%) SQL Server
3 29 (4.63%) SQL Server Integration Services
3 29 (4.63%) SQL Server Reporting Services
4 19 (3.03%) Data Warehouse
5 15 (2.39%) BigQuery
5 15 (2.39%) MySQL
6 12 (1.91%) Relational Database
7 11 (1.75%) NoSQL
8 10 (1.59%) Hadoop
9 6 (0.96%) Amazon RDS
9 6 (0.96%) MongoDB
9 6 (0.96%) SAP BW
10 5 (0.80%) Amazon DynamoDB
10 5 (0.80%) Pentaho
10 5 (0.80%) Power BI
10 5 (0.80%) Qlik Sense
10 5 (0.80%) QlikView
10 5 (0.80%) Redis
11 4 (0.64%) Apache Cassandra
Development Applications
1 58 (9.25%) JIRA
2 46 (7.34%) Jenkins
3 32 (5.10%) Git (software)
4 17 (2.71%) Sonatype Nexus
4 17 (2.71%) TeamCity
5 14 (2.23%) Team Foundation Server
6 10 (1.59%) GitLab
7 9 (1.44%) Gradle
8 8 (1.28%) Maven
9 7 (1.12%) Karma Test Runner
9 7 (1.12%) Selenium
9 7 (1.12%) Xcode
10 5 (0.80%) Atlassian Bamboo
11 4 (0.64%) Bitbucket
11 4 (0.64%) InstallShield
11 4 (0.64%) MSI
11 4 (0.64%) Visual Studio
11 4 (0.64%) Visual Studio Team System
11 4 (0.64%) WinDbg
12 3 (0.48%) Subversion
General
1 627 (100.00%) Finance
2 179 (28.55%) Banking
3 49 (7.81%) Retail
4 35 (5.58%) Front Office
5 27 (4.31%) Back Office
6 16 (2.55%) Investment Banking
7 14 (2.23%) Legal
8 7 (1.12%) Marketing
9 6 (0.96%) Law
10 5 (0.80%) Publishing
11 4 (0.64%) Retail Banking
12 3 (0.48%) Telecoms
13 2 (0.32%) Advertising
13 2 (0.32%) Manufacturing
13 2 (0.32%) Prime Brokerage
14 1 (0.16%) French Language
14 1 (0.16%) German Language
14 1 (0.16%) Russian Language
Job Titles
1 188 (29.98%) Developer
2 120 (19.14%) Analyst
3 66 (10.53%) Business Analyst
4 60 (9.57%) Project Manager
5 46 (7.34%) Python Developer
6 37 (5.90%) Architect
7 36 (5.74%) C# Developer
8 32 (5.10%) Java Developer
9 30 (4.78%) Consultant
10 23 (3.67%) .NET Developer
11 22 (3.51%) C# .NET Developer
11 22 (3.51%) SQL Developer
12 19 (3.03%) DevOps Engineer
12 19 (3.03%) Network Engineer
13 18 (2.87%) IT Analyst
14 17 (2.71%) Security Analyst
15 15 (2.39%) Cybersecurity Analyst
15 15 (2.39%) Support Analyst
16 14 (2.23%) Cloud Engineer
16 14 (2.23%) SSIS Developer
Libraries, Frameworks & Software Standards
1 45 (7.18%) .NET
2 27 (4.31%) AngularJS
2 27 (4.31%) Spring
3 22 (3.51%) HTML
4 21 (3.35%) React
5 20 (3.19%) Web Services
6 18 (2.87%) JSON
6 18 (2.87%) RESTful
7 17 (2.71%) CSS
7 17 (2.71%) XML
8 13 (2.07%) Kafka
8 13 (2.07%) Middleware
9 12 (1.91%) Node.js
10 11 (1.75%) SOAP
11 10 (1.59%) REST
12 9 (1.44%) NumPy
12 9 (1.44%) Pandas
12 9 (1.44%) scikit-learn
12 9 (1.44%) TIBCO EMS
12 9 (1.44%) XSD
Miscellaneous
1 92 (14.67%) Hedge funds
2 50 (7.97%) Analytical Skills
3 25 (3.99%) Foreign Exchange (FX)
4 22 (3.51%) User Experience
5 18 (2.87%) Equities
6 17 (2.71%) Fixed Income
7 15 (2.39%) Blackberry
8 13 (2.07%) Management Information System
9 12 (1.91%) Data Centre
9 12 (1.91%) Virtual Team
10 11 (1.75%) PMI
11 9 (1.44%) Algorithms
11 9 (1.44%) Public Cloud
12 8 (1.28%) Greenfield Project
13 7 (1.12%) Derivative
14 6 (0.96%) Credit Risk
14 6 (0.96%) Data Structures
14 6 (0.96%) Grid Computing
14 6 (0.96%) Market Risk
14 6 (0.96%) Mobile App
Operating Systems
1 62 (9.89%) Linux
2 53 (8.45%) Windows
3 25 (3.99%) Unix
4 18 (2.87%) Windows 10
5 13 (2.07%) Android
5 13 (2.07%) Windows 7
5 13 (2.07%) Windows Server
6 11 (1.75%) Apple iOS
7 9 (1.44%) Windows Server 2008
8 7 (1.12%) Windows Server 2012
9 5 (0.80%) Red Hat Enterprise Linux
9 5 (0.80%) Ubuntu
10 4 (0.64%) Mac OS
11 2 (0.32%) SUSE Linux Enterprise Server
12 1 (0.16%) Solaris
Processes & Methodologies
1 222 (35.41%) Change Management
2 209 (33.33%) Digital Transformation Programme
3 196 (31.26%) Agile Software Development
4 133 (21.21%) DevOps
5 58 (9.25%) Migration
6 52 (8.29%) Release Management
7 51 (8.13%) Problem-Solving
8 50 (7.97%) Infrastructure Engineering
9 49 (7.81%) Project Management
10 48 (7.66%) Stakeholder Management
11 47 (7.50%) Scrum
11 47 (7.50%) Test Automation
12 46 (7.34%) Analytics
13 42 (6.70%) Risk Management
14 40 (6.38%) Process Improvement
15 39 (6.22%) Cybersecurity
16 37 (5.90%) Use Case
17 33 (5.26%) TDD
18 32 (5.10%) SDLC
19 31 (4.94%) Kanban
Programming Languages
1 121 (19.30%) Python
2 87 (13.88%) SQL
3 70 (11.16%) Java
4 51 (8.13%) C#
5 36 (5.74%) JavaScript
6 34 (5.42%) PowerShell
7 15 (2.39%) VB.NET
8 14 (2.23%) Java 8
9 13 (2.07%) Bash Shell
9 13 (2.07%) C++
10 12 (1.91%) R
10 12 (1.91%) Scala
11 10 (1.59%) Go
11 10 (1.59%) VBA
12 8 (1.28%) Apple Swift
13 7 (1.12%) Perl
13 7 (1.12%) Ruby
13 7 (1.12%) TypeScript
13 7 (1.12%) VBScript
14 5 (0.80%) VB
Qualifications
1 50 (7.97%) Degree
2 19 (3.03%) Cisco Certification
3 12 (1.91%) PMI Certification
4 11 (1.75%) CCIE
4 11 (1.75%) CCNP
5 9 (1.44%) CCNA
5 9 (1.44%) Computer Science Degree
6 7 (1.12%) Microsoft Certification
6 7 (1.12%) Numerate Degree
6 7 (1.12%) PMP
7 5 (0.80%) CCIE Service Provider
8 4 (0.64%) CCSA
8 4 (0.64%) CCSE
8 4 (0.64%) CEH
8 4 (0.64%) CISSP
8 4 (0.64%) ITIL Certification
8 4 (0.64%) MCSE
8 4 (0.64%) PRINCE2 Certification
9 2 (0.32%) PhD
9 2 (0.32%) Security Cleared
Quality Assurance & Compliance
1 16 (2.55%) QA
2 13 (2.07%) MiFID
3 10 (1.59%) Dodd-Frank
3 10 (1.59%) EMIR
4 8 (1.28%) GDPR
5 7 (1.12%) PMO
6 6 (0.96%) PSD2
7 4 (0.64%) NIST
8 2 (0.32%) COREP
8 2 (0.32%) FINREP
8 2 (0.32%) PCI DSS
9 1 (0.16%) COBIT
9 1 (0.16%) CRD IV
9 1 (0.16%) ITGC
9 1 (0.16%) SLA
System Software
1 32 (5.10%) Docker
2 22 (3.51%) VMware Infrastructure
3 18 (2.87%) Active Directory
4 5 (0.80%) XenApp
4 5 (0.80%) XenDesktop
5 4 (0.64%) DFS Replication
5 4 (0.64%) Hyper-V
5 4 (0.64%) Microsoft App-V
5 4 (0.64%) VMware ESXi
5 4 (0.64%) VMware NSX
5 4 (0.64%) Xen
6 3 (0.48%) vSphere
7 2 (0.32%) Apache ZooKeeper
8 1 (0.16%) Citrix Hypervisor
8 1 (0.16%) OpenAM
8 1 (0.16%) OpenDJ
8 1 (0.16%) Virtual Desktop
8 1 (0.16%) Virtual Machines
Systems Management
1 39 (6.22%) Ansible
2 29 (4.63%) Kubernetes
3 21 (3.35%) Terraform
4 11 (1.75%) Puppet
4 11 (1.75%) SCCM
5 9 (1.44%) Control-M
6 7 (1.12%) Opscode Chef
7 5 (0.80%) FortiGate
7 5 (0.80%) OPNET
7 5 (0.80%) SCOM
7 5 (0.80%) WSUS
8 4 (0.64%) Jamf Pro
8 4 (0.64%) Microsoft Clustering
8 4 (0.64%) Perfmon
8 4 (0.64%) vRealize Orchestrator
8 4 (0.64%) XenMobile
9 2 (0.32%) ITRS Geneos
9 2 (0.32%) Salt
9 2 (0.32%) Single Sign-On
9 2 (0.32%) Tivoli
Vendors
1 54 (8.61%) Microsoft
2 35 (5.58%) VMware
3 34 (5.42%) Cisco
3 34 (5.42%) Splunk
4 32 (5.10%) SAP
5 25 (3.99%) Google
6 22 (3.51%) Oracle
7 20 (3.19%) NetApp
8 18 (2.87%) Citrix
9 17 (2.71%) EMC
10 16 (2.55%) CheckPoint
11 15 (2.39%) F5
12 13 (2.07%) Juniper
13 12 (1.91%) Cadence
13 12 (1.91%) Palo Alto
14 11 (1.75%) Sybase
14 11 (1.75%) TIBCO
15 9 (1.44%) BMC
15 9 (1.44%) Dell
15 9 (1.44%) HP