Period
to 27 October 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 27 October 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
27 Oct 2020
Same period 2019 Same period 2018
Rank 344 338 340
Rank change year-on-year -6 +2 -2
Contract jobs citing Financial Institution 189 615 754
As % of all contract jobs advertised in the UK 0.58% 0.73% 0.73%
As % of the General category 1.40% 1.89% 1.82%
Number of daily rates quoted 124 469 440
Median daily rate £550 £525 £550
Median daily rate % change year-on-year +4.76% -4.55% -
10th Percentile £400 £363 £355
90th Percentile £675 £700 £713
UK excluding London median daily rate £425 £500 £425
% change year-on-year -15.00% +17.65% -5.56%
Number of hourly rates quoted 5 4 14
Median hourly rate £20.00 £18.70 £18.10
Median hourly rate % change year-on-year +6.95% +3.31% +109.86%
10th Percentile £12.06 £12.61 £14.02
90th Percentile £48.40 £18.70 £18.70
UK excluding London median hourly rate £12.73 £10.00 £14.05
% change year-on-year +27.25% -28.83% +62.90%

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 13,481 32,578 41,486
As % of all contract IT jobs advertised in the UK 41.64% 38.63% 40.37%
Number of daily rates quoted 8,648 20,862 26,906
Median daily rate £500 £480 £475
Median daily rate % change year-on-year +4.17% +1.05% +5.56%
10th Percentile £287 £290 £293
90th Percentile £700 £675 £675
UK excluding London median daily rate £430 £438 £425
% change year-on-year -1.77% +2.94% +6.12%
Number of hourly rates quoted 492 974 1,140
Median hourly rate £28.57 £21.87 £21.15
Median hourly rate % change year-on-year +30.61% +3.43% -5.37%
10th Percentile £12.76 £12.44 £11.85
90th Percentile £50.35 £50.00 £48.75
Median hourly rate £23.38 £21.05 £20.04
% change year-on-year +11.07% +5.03% -10.94%

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 27 October 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 27 October 2020.

Hourly rate histogram for Financial Institution in the UK

Financial Institution
Top 11 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 27 October 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 -2 181 £550 +2.33% 45
London +9 141 £550 - 29
UK excluding London +97 40 £425 -15.00% 17
Work from Home -83 27 £563 +7.14% 5
North of England +10 20 £400 -20.00% 7
North West +90 17 £400 +21.21% 3
South East +162 13 £383 -14.53% 5
Yorkshire -28 3 £425 -15.00% 4
East of England - 3 £500 - 3
South West +105 2 £475 -9.52%
Scotland +67 2 £500 +3.90% 1

For the 6 months to 27 October 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.

1 189 (100.00%) Finance
2 70 (37.04%) Banking
3 58 (30.69%) Agile Software Development
4 47 (24.87%) Java
5 40 (21.16%) SQL
6 34 (17.99%) Python
7 29 (15.34%) Firewall
8 25 (13.23%) Risk Management
9 24 (12.70%) Cisco
10 21 (11.11%) Azure
11 20 (10.58%) Windows
12 19 (10.05%) SQL Server
12 19 (10.05%) Git (software)
12 19 (10.05%) DevOps
13 18 (9.52%) Microsoft
13 18 (9.52%) Change Management
13 18 (9.52%) Asset Management
14 17 (8.99%) Oracle
14 17 (8.99%) Linux
15 16 (8.47%) JIRA
15 16 (8.47%) Problem-Solving
16 15 (7.94%) F5
16 15 (7.94%) Analytical Skills
16 15 (7.94%) Microservices
16 15 (7.94%) Kubernetes
17 14 (7.41%) Microsoft Excel
17 14 (7.41%) C#
17 14 (7.41%) Blue Coat
17 14 (7.41%) Stakeholder Management
17 14 (7.41%) AWS

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 7 (3.70%) Apache Spark
2 6 (3.17%) Skype for Business
3 4 (2.12%) Elasticsearch
4 3 (1.59%) Confluence
5 2 (1.06%) Apache Airflow
5 2 (1.06%) SharePoint
6 1 (0.53%) IIS
6 1 (0.53%) MTS
Applications
1 14 (7.41%) Microsoft Excel
2 4 (2.12%) Microsoft Office
2 4 (2.12%) Microsoft PowerPoint
3 1 (0.53%) Acrobat
3 1 (0.53%) Adobe Creative Suite
3 1 (0.53%) Adobe Illustrator
3 1 (0.53%) Adobe XD
3 1 (0.53%) Blender
3 1 (0.53%) Figma
3 1 (0.53%) InDesign
3 1 (0.53%) Microsoft Project
3 1 (0.53%) MS Visio
3 1 (0.53%) Photoshop
Business Applications
1 2 (1.06%) NetSuite
2 1 (0.53%) Oracle AGIS
2 1 (0.53%) Oracle Applications
2 1 (0.53%) Oracle Assets
2 1 (0.53%) Oracle Cash Management
2 1 (0.53%) Oracle E-Business Tax
2 1 (0.53%) Oracle FAH
2 1 (0.53%) Oracle General Ledger
2 1 (0.53%) Oracle Payables
2 1 (0.53%) Oracle Receivables
2 1 (0.53%) Oracle Subledger Accounting
Cloud Services
1 21 (11.11%) Azure
2 14 (7.41%) AWS
3 10 (5.29%) Office 365
4 9 (4.76%) GCP
5 5 (2.65%) Azure Active Directory
5 5 (2.65%) PaaS
5 5 (2.65%) Power Platform
6 3 (1.59%) IaaS
7 2 (1.06%) Cloud Computing
8 1 (0.53%) Amazon Cognito
8 1 (0.53%) Amazon EKS
8 1 (0.53%) Apigee
8 1 (0.53%) Azure Data Factory
8 1 (0.53%) GitHub
8 1 (0.53%) OpenShift
8 1 (0.53%) SaaS
8 1 (0.53%) Salesforce Sales Cloud
8 1 (0.53%) Serverless
8 1 (0.53%) Slack
8 1 (0.53%) SuccessFactors
Communications & Networking
1 29 (15.34%) Firewall
2 13 (6.88%) Wireless
3 9 (4.76%) DMZ
4 8 (4.23%) DNS
5 7 (3.70%) Cisco Nexus
5 7 (3.70%) LAN
5 7 (3.70%) WAN
6 6 (3.17%) Skype
7 4 (2.12%) Cisco Wireless
7 4 (2.12%) F5 BIG-IP GTM
7 4 (2.12%) F5 BIG-IP LTM
7 4 (2.12%) FTP
7 4 (2.12%) HTTPS
7 4 (2.12%) Intrusion Detection
7 4 (2.12%) Network Security
7 4 (2.12%) SSL
8 3 (1.59%) Internet
8 3 (1.59%) Reverse Proxy
8 3 (1.59%) TCP/IP
8 3 (1.59%) WLAN
Database & Business Intelligence
1 19 (10.05%) SQL Server
2 11 (5.82%) Tableau
3 7 (3.70%) SQL Server Integration Services
4 6 (3.17%) MySQL
4 6 (3.17%) NoSQL
5 5 (2.65%) Power BI
6 4 (2.12%) Hadoop
6 4 (2.12%) Oracle Database
7 3 (1.59%) Big Data
7 3 (1.59%) Oracle Reports
7 3 (1.59%) Relational Database
7 3 (1.59%) SQLPlus
8 2 (1.06%) Apache Hive
8 2 (1.06%) Data Mart
8 2 (1.06%) Data Warehouse
8 2 (1.06%) KDB
8 2 (1.06%) MongoDB
8 2 (1.06%) MS Access
9 1 (0.53%) QlikView
9 1 (0.53%) SQL Server Analysis Services
Development Applications
1 19 (10.05%) Git (software)
2 16 (8.47%) JIRA
3 13 (6.88%) Jenkins
4 6 (3.17%) Vagrant
5 5 (2.65%) Cucumber
5 5 (2.65%) Selenium
6 4 (2.12%) Maven
6 4 (2.12%) TeamCity
7 3 (1.59%) Bitbucket
7 3 (1.59%) Subversion
7 3 (1.59%) WebDriver
8 2 (1.06%) Eclipse
9 1 (0.53%) Ant
9 1 (0.53%) CocoaPods
9 1 (0.53%) GitLab
9 1 (0.53%) Gradle
9 1 (0.53%) Hudson
9 1 (0.53%) IntelliJ
9 1 (0.53%) Oracle APEX
9 1 (0.53%) Xcode
General
1 189 (100.00%) Finance
2 70 (37.04%) Banking
3 13 (6.88%) Front Office
4 12 (6.35%) Investment Banking
5 8 (4.23%) Legal
6 5 (2.65%) French Language
7 4 (2.12%) International Banking
8 3 (1.59%) Retail
8 3 (1.59%) Retail Banking
9 2 (1.06%) Back Office
9 2 (1.06%) Law
9 2 (1.06%) Manufacturing
9 2 (1.06%) Public Sector
9 2 (1.06%) Telecoms
10 1 (0.53%) Billing
10 1 (0.53%) Marketing
Job Titles
1 62 (32.80%) Developer
2 27 (14.29%) Java Developer
3 22 (11.64%) Analyst
4 21 (11.11%) Network Engineer
5 15 (7.94%) Architect
6 8 (4.23%) Angular Developer
6 8 (4.23%) Solutions Architect
7 7 (3.70%) Consultant
8 6 (3.17%) Front Office Developer
8 6 (3.17%) Full Stack Developer
8 6 (3.17%) Senior Developer
9 5 (2.65%) Oracle Developer
9 5 (2.65%) Security Engineer
9 5 (2.65%) Senior Java Developer
9 5 (2.65%) Site Engineer
9 5 (2.65%) Site Reliability Engineer
10 4 (2.12%) Data Engineer
10 4 (2.12%) JavaScript Developer
10 4 (2.12%) Report Developer
10 4 (2.12%) SIEM Engineer
Libraries, Frameworks & Software Standards
1 13 (6.88%) AngularJS
1 13 (6.88%) Kafka
2 12 (6.35%) HTML
3 11 (5.82%) Spring
4 10 (5.29%) CSS
5 8 (4.23%) REST
6 7 (3.70%) .NET
7 6 (3.17%) React
7 6 (3.17%) RESTful
8 5 (2.65%) HTML5
9 4 (2.12%) Gherkin
9 4 (2.12%) Guice
9 4 (2.12%) JAAS
9 4 (2.12%) Spring Security
10 3 (1.59%) SailPoint
10 3 (1.59%) Sass
10 3 (1.59%) SOAP
10 3 (1.59%) Spring Boot
10 3 (1.59%) Web Services
10 3 (1.59%) XML
Miscellaneous
1 15 (7.94%) Analytical Skills
2 12 (6.35%) Foreign Exchange (FX)
3 10 (5.29%) Mobile App
4 7 (3.70%) Private Cloud
5 6 (3.17%) Algorithms
5 6 (3.17%) Greenfield Project
5 6 (3.17%) Virtual Team
6 5 (2.65%) Market Risk
6 5 (2.65%) PKI
7 4 (2.12%) Credit Risk
7 4 (2.12%) Fixed Income
7 4 (2.12%) Hedge funds
7 4 (2.12%) Self-Motivation
8 3 (1.59%) Analytical Mindset
8 3 (1.59%) Blackberry
8 3 (1.59%) Data Centre
8 3 (1.59%) Data Structures
8 3 (1.59%) Equities
8 3 (1.59%) Linux Command Line
8 3 (1.59%) User Experience
Operating Systems
1 20 (10.58%) Windows
2 17 (8.99%) Linux
3 12 (6.35%) Unix
4 5 (2.65%) Windows 10
5 3 (1.59%) Android
6 2 (1.06%) Mac OS
6 2 (1.06%) Red Hat Enterprise Linux
6 2 (1.06%) Windows 7
7 1 (0.53%) Apple iOS
7 1 (0.53%) HPUX
7 1 (0.53%) Solaris
7 1 (0.53%) VMS
7 1 (0.53%) Windows Server
Processes & Methodologies
1 58 (30.69%) Agile Software Development
2 25 (13.23%) Risk Management
3 19 (10.05%) DevOps
4 18 (9.52%) Asset Management
4 18 (9.52%) Change Management
5 16 (8.47%) Problem-Solving
6 15 (7.94%) Microservices
7 14 (7.41%) Stakeholder Management
8 13 (6.88%) Analytics
8 13 (6.88%) Load Balancing
8 13 (6.88%) SDLC
9 12 (6.35%) Test Automation
10 11 (5.82%) Computer Science
10 11 (5.82%) Software Engineering
11 10 (5.29%) Business Intelligence
11 10 (5.29%) Multithreading
11 10 (5.29%) TDD
12 9 (4.76%) Data Analysis
12 9 (4.76%) ETL
12 9 (4.76%) Web Development
Programming Languages
1 47 (24.87%) Java
2 40 (21.16%) SQL
3 34 (17.99%) Python
4 14 (7.41%) C#
4 14 (7.41%) Java 8
5 12 (6.35%) JavaScript
5 12 (6.35%) PowerShell
6 11 (5.82%) C++
6 11 (5.82%) Kotlin
7 6 (3.17%) Go
7 6 (3.17%) VBA
8 4 (2.12%) Perl
8 4 (2.12%) PL/SQL
8 4 (2.12%) Scala
8 4 (2.12%) Shell Script
9 3 (1.59%) TypeScript
10 2 (1.06%) Data Analysis Expressions (DAX)
11 1 (0.53%) Apex Code
11 1 (0.53%) Apple Swift
11 1 (0.53%) SOQL
Qualifications
1 9 (4.76%) Degree
2 5 (2.65%) Computer Science Degree
3 4 (2.12%) CCNP
3 4 (2.12%) CISA
3 4 (2.12%) Cisco Certification
3 4 (2.12%) CISSP
3 4 (2.12%) CSSLP
4 3 (1.59%) PMI Certification
4 3 (1.59%) PMP
5 2 (1.06%) Security Cleared
6 1 (0.53%) CCIE
6 1 (0.53%) GCIA
6 1 (0.53%) GIAC
6 1 (0.53%) GPEN
6 1 (0.53%) GSEC
6 1 (0.53%) MCSE
6 1 (0.53%) Microsoft Certification
6 1 (0.53%) PhD
6 1 (0.53%) PRINCE2 Certification
6 1 (0.53%) SC Cleared
Quality Assurance & Compliance
1 8 (4.23%) QA
2 5 (2.65%) PSD2
3 3 (1.59%) GDPR
4 2 (1.06%) IFRS
4 2 (1.06%) IFRS 9
4 2 (1.06%) PMO
4 2 (1.06%) Section 508
4 2 (1.06%) SLA
4 2 (1.06%) WAI
5 1 (0.53%) FINREP
5 1 (0.53%) ISO 20022
5 1 (0.53%) ISO/IEC 27001
5 1 (0.53%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (0.53%) NIST
5 1 (0.53%) SEPA
5 1 (0.53%) TARGET2
System Software
1 13 (6.88%) Active Directory
2 7 (3.70%) Docker
3 3 (1.59%) Hyper-V
3 3 (1.59%) VMware Infrastructure
4 1 (0.53%) KVM
4 1 (0.53%) RACF
4 1 (0.53%) VMware NSX
4 1 (0.53%) Xen
Systems Management
1 15 (7.94%) Kubernetes
2 11 (5.82%) FortiGate
3 10 (5.29%) Ansible
4 5 (2.65%) Foglight
5 4 (2.12%) Prometheus
5 4 (2.12%) Single Sign-On
5 4 (2.12%) Tivoli
5 4 (2.12%) Zipkin
6 3 (1.59%) Control-M
6 3 (1.59%) Terraform
7 2 (1.06%) HP ALM
7 2 (1.06%) Netcool
7 2 (1.06%) Netcool/OMNIbus
7 2 (1.06%) Netcool/Webtop
8 1 (0.53%) Microsoft Intune
8 1 (0.53%) Puppet
8 1 (0.53%) SCCM
Vendors
1 24 (12.70%) Cisco
2 18 (9.52%) Microsoft
3 17 (8.99%) Oracle
4 15 (7.94%) F5
5 14 (7.41%) Blue Coat
6 12 (6.35%) Juniper
7 9 (4.76%) Fortinet
7 9 (4.76%) Symantec
8 7 (3.70%) Palo Alto
8 7 (3.70%) Splunk
9 6 (3.17%) McAfee
9 6 (3.17%) VMware
10 5 (2.65%) CheckPoint
10 5 (2.65%) CyberArk
10 5 (2.65%) Murex
11 4 (2.12%) ArcSight
11 4 (2.12%) Carbon Black
11 4 (2.12%) Darktrace
12 3 (1.59%) ForgeRock
12 3 (1.59%) Ping Identity