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 3 months to 28 May 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
3 months to
28 May 2017
Same period 2016 Same period 2015
Rank 283 334 318
Rank change year-on-year +51 -16  
Contract jobs citing Financial Institution 361 376 392
As % of all contract IT jobs advertised in the UK 0.81% 0.69% 0.71%
As % of the General category 2.07% 1.86% 1.82%
Number of daily rates quoted 231 243 250
Median daily rate £550 £525 £450
Median daily rate % change year-on-year +4.76% +16.66%  
90% offered a daily rate of more than £400 £375 £325
10% offered a daily rate of more than £675 £638 £616
UK excluding London median daily rate £488 £475 £423
% change year-on-year +2.63% +12.42%  
Number of hourly rates quoted 3 1 2
Median hourly rate £23.00 £10.44 £10.45
Median hourly rate % change year-on-year +120.30% -0.11%  
UK excluding London median hourly rate - £10.44 £10.45
% change year-on-year - -0.11%  

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 17470 20164 21561
As % of all contract IT job vacancies advertised in the UK 39.02% 36.97% 39.04%
Number of daily rates quoted 11405 13428 13548
Median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.55% +2.85%  
90% offered a daily rate of more than £300 £280 £280
10% offered a daily rate of more than £650 £625 £615
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 432 466 540
Median hourly rate £26.82 £25.00 £22.50
Median hourly rate % change year-on-year +7.26% +11.11%  
90% offered a hourly rate of more than £13.50 £11.50 £10.44
10% offered a hourly rate of more than £50.00 £46.00 £45.00
UK excluding London median hourly rate £30.00 £27.00 £24.00
% change year-on-year +11.11% +12.50%  

Financial Institution
Job Vacancy Trend

The job posting trend of jobs advertised citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

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 3 months to 28 May 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 30 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 3 months to 28 May 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +38 338 £550 +4.76% 115
London +12 285 £550 +4.76% 93
City of London -25 50 £550 +2.32% 29
South East +52 31 £500 -9.09% 6
Scotland +48 18 £600 +26.31% 2
Edinburgh +19 18 £600 +26.31% 2
Reading - 11 £540 - 1
Berkshire - 11 £540 - 1
Surrey +11 10 £475 -13.63% 2
North West +23 9 £400 +23.07% 6
Docklands, London +1 9 £613 +22.50%
Manchester +15 7 £400 +23.07% 1
Buckinghamshire -5 5 £375 -
West Midlands +28 4 £325 -13.33% 4
South West +5 4 £325 -50.00% 3
Birmingham +18 3 - -
Yorkshire +9 3 £413 -5.71% 1
Milton Keynes -13 3 £500 -
Belfast - 3 £464 -
Basingstoke - 3 £475 -
County Antrim - 3 £464 -
Reigate - 3 £400 - 1
Hampshire - 3 £475 - 1
Northern Ireland - 3 £464 -
Cheshire +27 2 - - 2
Dorset +14 2 - - 1
Bournemouth +12 2 - - 1
Bromley +9 2 £475 -18.80%
Aylesbury - 2 £375 -
West Sussex +29 1 - -

For the 6 months to 28 May 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.

1 646 (100.00%) Finance
2 217 (33.59%) Banking
3 143 (22.14%) SQL
4 141 (21.83%) Agile Software Development
5 111 (17.18%) Java
6 99 (15.33%) Microsoft
7 83 (12.85%) Oracle
8 82 (12.69%) Analytical Skills
9 77 (11.92%) C#
10 73 (11.30%) Change Management
11 72 (11.15%) Linux
12 71 (10.99%) .NET
13 68 (10.53%) Analytics
14 62 (9.60%) Windows
14 62 (9.60%) Risk Management
15 59 (9.13%) Unix
16 58 (8.98%) DevOps
16 58 (8.98%) Hedge funds
17 55 (8.51%) Stakeholder Management
17 55 (8.51%) Investment Banking
18 48 (7.43%) MVC
19 47 (7.28%) Migration
19 47 (7.28%) JavaScript
20 44 (6.81%) Foreign Exchange (FX)
20 44 (6.81%) HTML
21 43 (6.66%) Project Management
21 43 (6.66%) Front Office
22 42 (6.50%) Workflow
23 40 (6.19%) CSS
23 40 (6.19%) ITIL

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 15 (2.32%) Apache Spark
2 14 (2.17%) EPiServer
3 13 (2.01%) WebSphere
4 10 (1.55%) CMS
4 10 (1.55%) SharePoint
5 8 (1.24%) Apache
6 7 (1.08%) Oracle Workflow
7 5 (0.77%) Confluence
7 5 (0.77%) WebLogic
8 4 (0.62%) Apache Solr
8 4 (0.62%) DataSynapse
8 4 (0.62%) IIS
8 4 (0.62%) SAS
8 4 (0.62%) Tomcat
8 4 (0.62%) WebSphere Application Server
9 3 (0.46%) IBM HTTP Server
9 3 (0.46%) JBoss
9 3 (0.46%) MS Exchange
9 3 (0.46%) Oracle Coherence
9 3 (0.46%) Oracle HTTP Server
Applications
1 32 (4.95%) Microsoft Excel
2 25 (3.87%) Microsoft Office
3 16 (2.48%) Microsoft PowerPoint
4 7 (1.08%) Photoshop
5 6 (0.93%) MS Visio
6 5 (0.77%) Adobe Illustrator
7 4 (0.62%) Microsoft Project
8 3 (0.46%) Spreadsheet
8 3 (0.46%) SPSS
9 1 (0.15%) AutoCAD
9 1 (0.15%) LaTeX
Business Applications
1 6 (0.93%) Dynamics CRM
2 5 (0.77%) SimCorp Dimension
3 2 (0.31%) ION MarketView
3 2 (0.31%) Loan IQ
3 2 (0.31%) Oracle Utilities
4 1 (0.15%) Actimize
4 1 (0.15%) Dynamics NAV
4 1 (0.15%) Oracle 11i
4 1 (0.15%) Oracle General Ledger
4 1 (0.15%) Oracle Receivables
4 1 (0.15%) SAP Oil and Gas
4 1 (0.15%) SAP R/3
4 1 (0.15%) Temenos Globus
4 1 (0.15%) Temenos T24
4 1 (0.15%) TRIRIGA
Cloud Services
1 35 (5.42%) Amazon AWS
2 31 (4.80%) Microsoft Azure
3 12 (1.86%) PaaS
4 9 (1.39%) OpenShift
5 5 (0.77%) Adobe Creative Cloud
5 5 (0.77%) Cloud Computing
6 4 (0.62%) IaaS
7 3 (0.46%) AWS CloudFormation
7 3 (0.46%) Google Cloud Platform
8 2 (0.31%) Amazon EC2
8 2 (0.31%) GitHub
8 2 (0.31%) SaaS
8 2 (0.31%) Virtual Private Cloud
9 1 (0.15%) AWS Lambda
9 1 (0.15%) Bluemix
9 1 (0.15%) Loggly
9 1 (0.15%) Office 365
9 1 (0.15%) Salesforce Sales Cloud
9 1 (0.15%) Salesforce Service Cloud
9 1 (0.15%) SoftLayer
Communications & Networking
1 21 (3.25%) Firewall
2 11 (1.70%) Internet
2 11 (1.70%) SSL
2 11 (1.70%) VPN
3 9 (1.39%) HTTP
4 8 (1.24%) SAN
5 7 (1.08%) Network Security
6 6 (0.93%) Cisco ASA
6 6 (0.93%) FTP
6 6 (0.93%) OSPF
6 6 (0.93%) TCP/IP
6 6 (0.93%) Wireless
7 5 (0.77%) Cisco IOS
7 5 (0.77%) Fibre Channel
7 5 (0.77%) NAS
7 5 (0.77%) WAN
8 4 (0.62%) HTTPS
8 4 (0.62%) LAN
8 4 (0.62%) Multicast
8 4 (0.62%) VoIP
Database & Business Intelligence
1 37 (5.73%) SQL Server
2 31 (4.80%) Relational Database
3 22 (3.41%) Big Data
4 16 (2.48%) Hadoop
5 15 (2.32%) DB2
5 15 (2.32%) GIS
5 15 (2.32%) SQL Server Reporting Services
6 13 (2.01%) SQL Server Integration Services
7 12 (1.86%) Oracle Database
8 11 (1.70%) Data Warehouse
9 8 (1.24%) Squirro
10 7 (1.08%) RDBMS
10 7 (1.08%) SQL Server 2012
11 6 (0.93%) Apache Hive
12 5 (0.77%) Data Mart
12 5 (0.77%) MongoDB
12 5 (0.77%) QlikView
12 5 (0.77%) Siebel EIM
13 4 (0.62%) BusinessObjects
13 4 (0.62%) PostgreSQL
Development Applications
1 36 (5.57%) Git (software)
2 22 (3.41%) Team Foundation Server
3 17 (2.63%) Maven
3 17 (2.63%) Subversion
4 16 (2.48%) JIRA
5 13 (2.01%) TeamCity
6 12 (1.86%) Moq
6 12 (1.86%) Octopus Deploy
7 11 (1.70%) gulp
7 11 (1.70%) Sonatype Nexus
8 9 (1.39%) Jenkins
9 7 (1.08%) NUnit
10 6 (0.93%) Talend Open Studio
11 5 (0.77%) Visual Studio
12 4 (0.62%) ERwin
12 4 (0.62%) PowerDesigner
13 3 (0.46%) ClearCase
13 3 (0.46%) CruiseControl
13 3 (0.46%) HP UFT
13 3 (0.46%) JUnit
General
1 646 (100.00%) Finance
2 217 (33.59%) Banking
3 55 (8.51%) Investment Banking
4 43 (6.66%) Front Office
5 22 (3.41%) Marketing
6 18 (2.79%) Retail
7 14 (2.17%) Legal
8 12 (1.86%) Corporate Banking
8 12 (1.86%) German Language
9 8 (1.24%) Retail Banking
10 7 (1.08%) Back Office
11 5 (0.77%) Telecoms
12 4 (0.62%) Publishing
13 3 (0.46%) Law
13 3 (0.46%) Military
14 2 (0.31%) Billing
14 2 (0.31%) General Ledger
15 1 (0.15%) Advertising
15 1 (0.15%) Electronics
15 1 (0.15%) Manufacturing
Job Titles
1 172 (26.63%) Developer
2 108 (16.72%) Analyst
3 47 (7.28%) Business Analyst
4 46 (7.12%) Architect
4 46 (7.12%) C# Developer
5 44 (6.81%) Consultant
6 42 (6.50%) Java Developer
6 42 (6.50%) Project Manager
7 35 (5.42%) .NET Developer
8 32 (4.95%) C# .NET Developer
9 29 (4.49%) ASP.NET MVC Developer
10 26 (4.02%) Applications Engineer
11 21 (3.25%) Financial Analyst
12 20 (3.10%) Monitoring Engineer
12 20 (3.10%) Performance Engineer
13 19 (2.94%) Service Analyst
14 18 (2.79%) DevOps Engineer
15 16 (2.48%) Security Consultant
15 16 (2.48%) SQL Developer
15 16 (2.48%) Test Manager
Libraries, Frameworks & Software Standards
1 71 (10.99%) .NET
2 44 (6.81%) HTML
3 40 (6.19%) CSS
4 39 (6.04%) Web Services
5 31 (4.80%) FIX Protocol
6 26 (4.02%) AngularJS
7 25 (3.87%) JMS
8 21 (3.25%) HTML5
9 19 (2.94%) ASP.NET
10 18 (2.79%) Twitter Bootstrap
10 18 (2.79%) XSLT
11 17 (2.63%) jQuery
11 17 (2.63%) RESTful
12 16 (2.48%) XML
13 15 (2.32%) .NET Framework
13 15 (2.32%) Entity Framework
13 15 (2.32%) LINQ
14 14 (2.17%) ASP.NET Web API
15 13 (2.01%) J2EE
16 12 (1.86%) Spring
Miscellaneous
1 82 (12.69%) Analytical Skills
2 58 (8.98%) Hedge funds
3 44 (6.81%) Foreign Exchange (FX)
4 30 (4.64%) Equities
5 27 (4.18%) Derivative
5 27 (4.18%) Fixed Income
5 27 (4.18%) Management Information System
6 20 (3.10%) Computer Science
7 19 (2.94%) Market Risk
8 18 (2.79%) Fintech
9 15 (2.32%) User Experience
10 14 (2.17%) Virtual Team
11 12 (1.86%) Clustering
11 12 (1.86%) Data Centre
12 9 (1.39%) Cloud Native
12 9 (1.39%) PKI
12 9 (1.39%) SWIFT
13 8 (1.24%) Credit Risk
13 8 (1.24%) Greenfield Project
13 8 (1.24%) Mainframe
Operating Systems
1 72 (11.15%) Linux
2 62 (9.60%) Windows
3 59 (9.13%) Unix
4 10 (1.55%) Solaris
5 9 (1.39%) Red Hat Enterprise Linux
5 9 (1.39%) Windows Server
6 7 (1.08%) Windows 10
6 7 (1.08%) Windows 7
7 6 (0.93%) Android
7 6 (0.93%) Apple iOS
7 6 (0.93%) Windows Server 2008
7 6 (0.93%) Windows Server 2012
8 5 (0.77%) Data ONTAP
9 3 (0.46%) AIX
10 2 (0.31%) Oracle Linux
10 2 (0.31%) zOS
11 1 (0.15%) Debian
11 1 (0.15%) Ubuntu
11 1 (0.15%) Windows 8
11 1 (0.15%) Windows XP
Processes & Methodologies
1 141 (21.83%) Agile Software Development
2 73 (11.30%) Change Management
3 68 (10.53%) Analytics
4 62 (9.60%) Risk Management
5 58 (8.98%) DevOps
6 55 (8.51%) Stakeholder Management
7 48 (7.43%) MVC
8 47 (7.28%) Migration
9 43 (6.66%) Project Management
10 42 (6.50%) Workflow
11 40 (6.19%) ITIL
12 39 (6.04%) Scrum
13 38 (5.88%) Business Analysis
14 35 (5.42%) Information Security
15 28 (4.33%) Performance Management
16 26 (4.02%) SDLC
17 25 (3.87%) IT Strategy
17 25 (3.87%) TDD
18 24 (3.72%) Business Intelligence
19 20 (3.10%) PRINCE2
Programming Languages
1 143 (22.14%) SQL
2 111 (17.18%) Java
3 77 (11.92%) C#
4 47 (7.28%) JavaScript
5 34 (5.26%) Python
6 23 (3.56%) Perl
7 21 (3.25%) Bash Shell
8 19 (2.94%) VB
9 18 (2.79%) C++
10 16 (2.48%) PowerShell
10 16 (2.48%) Shell Script
11 12 (1.86%) R
12 11 (1.70%) T-SQL
13 9 (1.39%) Ruby
13 9 (1.39%) Scala
14 8 (1.24%) C
15 5 (0.77%) PL/SQL
15 5 (0.77%) STATISTICA Visual Basic
15 5 (0.77%) VBA
16 3 (0.46%) JCL
Qualifications
1 40 (6.19%) Degree
2 15 (2.32%) Microsoft Certification
3 10 (1.55%) PRINCE2 Practitioner
3 10 (1.55%) Security Cleared
4 9 (1.39%) Cisco Certification
5 8 (1.24%) Computer Science Degree
5 8 (1.24%) MCTS
6 6 (0.93%) CCNP
6 6 (0.93%) SC Cleared
7 5 (0.77%) ITIL Certification
7 5 (0.77%) MCSE
7 5 (0.77%) PMI Certification
7 5 (0.77%) Siebel Certification
8 4 (0.62%) CISM
8 4 (0.62%) CISSP
8 4 (0.62%) DV Cleared
8 4 (0.62%) Master's Degree
8 4 (0.62%) PhD
9 3 (0.46%) CFA
9 3 (0.46%) MCITP
Quality Assurance & Compliance
1 33 (5.11%) QA
2 15 (2.32%) MiFID
3 13 (2.01%) PCI DSS
4 12 (1.86%) PMO
5 11 (1.70%) GDPR
6 10 (1.55%) Data Quality
7 9 (1.39%) SLA
8 4 (0.62%) Dodd-Frank
8 4 (0.62%) ISO 20022
9 3 (0.46%) Cyber Essentials
9 3 (0.46%) EMIR
9 3 (0.46%) ISO/IEC 27001
10 2 (0.31%) Actionable Recommendations
10 2 (0.31%) Basel III
11 1 (0.15%) CRD IV
11 1 (0.15%) FATCA
11 1 (0.15%) IFRS
11 1 (0.15%) IFRS 9
11 1 (0.15%) ISAE 3402
11 1 (0.15%) ISO 22301
System Software
1 22 (3.41%) Active Directory
2 13 (2.01%) Docker
3 9 (1.39%) XenDesktop
4 7 (1.08%) VMware Infrastructure
4 7 (1.08%) XenApp
5 5 (0.77%) NFS
6 4 (0.62%) Apache ZooKeeper
7 3 (0.46%) GFS2
7 3 (0.46%) GlusterFS
7 3 (0.46%) HDFS
7 3 (0.46%) OCFS2
7 3 (0.46%) Time Sharing Option
7 3 (0.46%) Virtual Machines
7 3 (0.46%) VMware ESXi
7 3 (0.46%) vSphere
8 2 (0.31%) Apache Flume
8 2 (0.31%) EMC RecoverPoint
8 2 (0.31%) Microsoft App-V
9 1 (0.15%) Firmware
9 1 (0.15%) Tivoli Workload Scheduler
Systems Management
1 23 (3.56%) Puppet
2 18 (2.79%) Ansible
3 10 (1.55%) SCCM
4 5 (0.77%) SCOM
5 4 (0.62%) NetApp OnCommand
5 4 (0.62%) Red Hat Satellite
5 4 (0.62%) Tivoli
6 3 (0.46%) CFEngine
6 3 (0.46%) Failover Clustering
6 3 (0.46%) Opscode Chef
6 3 (0.46%) SELinux
7 2 (0.31%) Hadoop YARN
7 2 (0.31%) ITRS Geneos
7 2 (0.31%) Kubernetes
7 2 (0.31%) Nagios
7 2 (0.31%) Pingdom
7 2 (0.31%) Rundeck
7 2 (0.31%) vCenter Server
7 2 (0.31%) vRealize
7 2 (0.31%) WhatsUp Gold
Vendors
1 99 (15.33%) Microsoft
2 83 (12.85%) Oracle
3 28 (4.33%) Sybase
4 22 (3.41%) VMware
5 20 (3.10%) AppDynamics
6 17 (2.63%) Citrix
6 17 (2.63%) TIBCO
7 16 (2.48%) Cisco
8 15 (2.32%) Murex
9 14 (2.17%) IBM
10 13 (2.01%) HP
11 12 (1.86%) Splunk
12 11 (1.70%) Currenex
12 11 (1.70%) New Relic
12 11 (1.70%) SAP
13 10 (1.55%) Red Hat
13 10 (1.55%) Sun
14 9 (1.39%) ServiceNow
15 8 (1.24%) Remedy
15 8 (1.24%) Tableau
London
Cititec
Rate: £700 - £750 per day
Posted: Yesterday
City, London
Resource Solutions - Schroders
Posted: Yesterday
Central London / West End
JWResource
Rate: From £525 to £625 per day 525 to 575pd for 6 months minimum
Posted: Yesterday
Central London / West End
JWResource
Rate: From £525 to £625 per day 500 to 600pd 6 months+
Posted: Yesterday
City, London
Thebes IT
Posted: 2 days ago
City, London
Thebes IT
Posted: 2 days ago
City, London
Thebes IT
Rate: £500 - £600 per day
Posted: 2 days ago
London
Source Technology
Rate: From £500 to £550 per day
Posted: 3 days ago