Period
to 21 January 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 21 January 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
21 Jan 2020
Same period 2019 Same period 2018
Rank 432 335 355
Rank change year-on-year -97 +20 +14
Contract jobs citing Financial Institution 328 764 695
As % of all contract IT jobs advertised in the UK 0.45% 0.77% 0.70%
As % of the General category 1.20% 1.92% 1.64%
Number of daily rates quoted 224 439 384
UK median daily rate £500 £550 £538
Median daily rate % change year-on-year -9.09% +2.33% +13.16%
10th Percentile £341 £325 £363
90th Percentile £675 £715 £700
UK excluding London median daily rate £450 £438 £450
% change year-on-year +2.86% -2.78% +12.50%
Number of hourly rates quoted 9 14 13
UK median hourly rate £18.70 £18.70 £15.86
Median hourly rate % change year-on-year - +17.91% +73.81%
10th Percentile £11.12 £14.05 £8.44
90th Percentile £30.20 £18.70 £18.70
UK excluding London median hourly rate £11.40 £14.05 £13.64
% change year-on-year -18.86% +3.01% +49.48%

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 27,350 39,707 42,253
As % of all contract IT jobs advertised in the UK 37.52% 40.18% 42.79%
Number of daily rates quoted 17,510 25,901 28,020
UK median daily rate £475 £475 £465
Median daily rate % change year-on-year - +2.15% +3.33%
10th Percentile £275 £300 £275
90th Percentile £675 £675 £658
UK excluding London median daily rate £430 £425 £413
% change year-on-year +1.18% +3.03% +3.13%
Number of hourly rates quoted 898 1,080 1,077
UK median hourly rate £22.00 £22.00 £22.00
10th Percentile £12.50 £12.00 £11.25
90th Percentile £50.00 £48.75 £47.50
UK excluding London median hourly rate £20.21 £20.50 £22.50
% change year-on-year -1.44% -8.89% +12.50%

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 21 January 2020.

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
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Financial Institution over the 6 months to 21 January 2020.

Contractor hourly rate histogram 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 21 January 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 -94 316 £500 -9.09% 122
London -69 243 £525 -8.70% 82
UK excluding London -8 84 £450 +2.86% 45
North of England +12 41 £450 +12.50% 19
Yorkshire +25 37 £450 +12.50% 9
Midlands +39 16 £450 +25.00%
South East +44 15 £550 +2.33% 13
East Midlands +30 11 £550 +550.89%
Scotland +5 8 £535 +25.88% 3
West Midlands +34 5 £313 -30.56%
North West -2 4 £475 +50.79% 9
Wales +28 3 £450 +35.85% 1
South West -20 1 £440 -23.48% 3

For the 6 months to 21 January 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.

1 328 (100.00%) Finance
2 98 (29.88%) Change Management
3 96 (29.27%) Banking
4 85 (25.91%) Digital Transformation Programme
5 83 (25.30%) Agile Software Development
6 54 (16.46%) DevOps
7 49 (14.94%) Python
8 45 (13.72%) Java
9 38 (11.59%) Windows
10 37 (11.28%) Hedge funds
10 37 (11.28%) Analytical Skills
11 35 (10.67%) SQL
12 34 (10.37%) Microsoft
13 31 (9.45%) Degree
14 29 (8.84%) Linux
14 29 (8.84%) Azure
15 26 (7.93%) Cisco
15 26 (7.93%) Migration
15 26 (7.93%) Problem-Solving
16 24 (7.32%) .NET
16 24 (7.32%) Test Automation
17 23 (7.01%) AWS
17 23 (7.01%) Computer Science
17 23 (7.01%) Back Office
18 22 (6.71%) Front Office
18 22 (6.71%) JIRA
18 22 (6.71%) Asset Management
18 22 (6.71%) Infrastructure Engineering
18 22 (6.71%) Cybersecurity
19 21 (6.40%) TDD

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 (2.13%) SharePoint
2 6 (1.83%) Confluence
3 5 (1.52%) IIS
3 5 (1.52%) Mattermost
4 4 (1.22%) Elasticsearch
5 3 (0.91%) MS Exchange
6 2 (0.61%) WebSphere
7 1 (0.30%) Apache Spark
7 1 (0.30%) Blackberry Enterprise Server
7 1 (0.30%) JBoss
7 1 (0.30%) Skype for Business
Applications
1 18 (5.49%) Microsoft Office
2 11 (3.35%) Microsoft Excel
3 8 (2.44%) MS Visio
4 6 (1.83%) Microsoft PowerPoint
5 1 (0.30%) Adobe Illustrator
5 1 (0.30%) Microsoft Project
5 1 (0.30%) Photoshop
Business Applications
1 8 (2.44%) BusinessWorks
1 8 (2.44%) SAP S/4HANA
2 2 (0.61%) Loan IQ
3 1 (0.30%) Dynamics CRM
3 1 (0.30%) Global One
3 1 (0.30%) RMDS
3 1 (0.30%) SimCorp Dimension
3 1 (0.30%) Temenos T24
Cloud Services
1 29 (8.84%) Azure
2 23 (7.01%) AWS
3 14 (4.27%) Office 365
4 12 (3.66%) GCP
4 12 (3.66%) GitHub
5 5 (1.52%) Slack
6 4 (1.22%) IaaS
7 3 (0.91%) Cloud Computing
8 2 (0.61%) Amazon EC2
8 2 (0.61%) Amazon S3
8 2 (0.61%) AWS Lambda
8 2 (0.61%) Azure Data Factory
8 2 (0.61%) Power Platform
8 2 (0.61%) Serverless
9 1 (0.30%) AWS CloudFormation
9 1 (0.30%) AWS CloudTrail
9 1 (0.30%) Dynamics 365
9 1 (0.30%) ShareGate
9 1 (0.30%) Virtual Private Cloud
9 1 (0.30%) WhatsApp
Communications & Networking
1 12 (3.66%) Firewall
2 11 (3.35%) HTTP
2 11 (3.35%) WAN
3 7 (2.13%) LAN
3 7 (2.13%) NAS
3 7 (2.13%) VPN
4 6 (1.83%) BGP
4 6 (1.83%) EIGRP
4 6 (1.83%) MPLS
4 6 (1.83%) OSPF
4 6 (1.83%) Wireless
5 5 (1.52%) Multicast
6 4 (1.22%) DNS
6 4 (1.22%) Internet
6 4 (1.22%) Junos
6 4 (1.22%) Network Security
6 4 (1.22%) RIP
6 4 (1.22%) VPLS
7 3 (0.91%) Cisco ASA
7 3 (0.91%) DHCP
Database & Business Intelligence
1 20 (6.10%) SQL Server
2 16 (4.88%) SQL Server Integration Services
3 14 (4.27%) SQL Server Reporting Services
4 8 (2.44%) Big Data
5 7 (2.13%) MySQL
6 6 (1.83%) Data Warehouse
7 4 (1.22%) Azure SQL Data Warehouse
7 4 (1.22%) MongoDB
8 3 (0.91%) Hadoop
8 3 (0.91%) NoSQL
8 3 (0.91%) Relational Database
9 2 (0.61%) Amazon DynamoDB
9 2 (0.61%) Amazon RDS
9 2 (0.61%) Apache Cassandra
9 2 (0.61%) Azure SQL Database
9 2 (0.61%) HBase
9 2 (0.61%) Oracle Database
9 2 (0.61%) Power BI
10 1 (0.30%) Data Lake
10 1 (0.30%) Redis
Development Applications
1 22 (6.71%) JIRA
2 17 (5.18%) Jenkins
3 15 (4.57%) Git (software)
4 13 (3.96%) Team Foundation Server
5 7 (2.13%) TeamCity
6 6 (1.83%) Maven
7 5 (1.52%) Sonatype Nexus
7 5 (1.52%) Visual Studio
7 5 (1.52%) Xcode
8 4 (1.22%) GitLab
8 4 (1.22%) InstallShield
8 4 (1.22%) MSI
8 4 (1.22%) WinDbg
9 3 (0.91%) Jasmine
9 3 (0.91%) Karma Test Runner
9 3 (0.91%) Visual Studio Code
10 2 (0.61%) Ant
10 2 (0.61%) Subversion
11 1 (0.30%) Atlassian Bamboo
11 1 (0.30%) Visual Studio Team System
General
1 328 (100.00%) Finance
2 96 (29.27%) Banking
3 23 (7.01%) Back Office
4 22 (6.71%) Front Office
5 16 (4.88%) Investment Banking
5 16 (4.88%) Retail
6 15 (4.57%) Legal
7 5 (1.52%) French Language
8 3 (0.91%) Manufacturing
8 3 (0.91%) Prime Brokerage
9 2 (0.61%) General Ledger
9 2 (0.61%) German Language
9 2 (0.61%) Law
9 2 (0.61%) Marketing
9 2 (0.61%) Publishing
9 2 (0.61%) Retail Banking
10 1 (0.30%) Billing
Job Titles
1 90 (27.44%) Developer
2 72 (21.95%) Analyst
3 30 (9.15%) Business Analyst
4 24 (7.32%) Project Manager
5 23 (7.01%) Architect
6 18 (5.49%) C# Developer
7 17 (5.18%) Java Developer
8 16 (4.88%) .NET Developer
9 15 (4.57%) C# .NET Developer
10 14 (4.27%) Python Developer
10 14 (4.27%) SQL Developer
11 12 (3.66%) C# VB.NET Developer
11 12 (3.66%) Consultant
11 12 (3.66%) SSIS Developer
11 12 (3.66%) VB.NET Developer
12 11 (3.35%) Cybersecurity Analyst
12 11 (3.35%) Security Analyst
12 11 (3.35%) Support Analyst
13 10 (3.05%) Cloud Engineer
14 9 (2.74%) IT Analyst
Libraries, Frameworks & Software Standards
1 24 (7.32%) .NET
2 15 (4.57%) JSON
3 14 (4.27%) RESTful
4 13 (3.96%) Spring
5 10 (3.05%) XML
6 8 (2.44%) AngularJS
6 8 (2.44%) CSS
6 8 (2.44%) SOAP
6 8 (2.44%) TIBCO EMS
6 8 (2.44%) XSD
7 7 (2.13%) React
8 6 (1.83%) HTML
8 6 (1.83%) REST
8 6 (1.83%) Web Services
9 4 (1.22%) .NET Framework
9 4 (1.22%) D3.js
9 4 (1.22%) FIX Protocol
9 4 (1.22%) Kafka
10 3 (0.91%) .NET Core
10 3 (0.91%) Swagger
Miscellaneous
1 37 (11.28%) Analytical Skills
1 37 (11.28%) Hedge funds
2 18 (5.49%) Foreign Exchange (FX)
3 15 (4.57%) Management Information System
4 12 (3.66%) User Experience
5 11 (3.35%) Analytical Mindset
5 11 (3.35%) Equities
6 9 (2.74%) Blackberry
6 9 (2.74%) Derivative
7 8 (2.44%) Fixed Income
7 8 (2.44%) PMI
8 6 (1.83%) Algorithms
8 6 (1.83%) Mobile App
9 5 (1.52%) Data Centre
9 5 (1.52%) Self-Motivation
10 4 (1.22%) Enterprise Software
10 4 (1.22%) FMCG
10 4 (1.22%) iPhone
11 3 (0.91%) Reference Data
11 3 (0.91%) SWIFT
Operating Systems
1 38 (11.59%) Windows
2 29 (8.84%) Linux
3 21 (6.40%) Unix
4 13 (3.96%) Windows 10
5 10 (3.05%) Windows Server
6 7 (2.13%) Apple iOS
6 7 (2.13%) Windows 7
7 6 (1.83%) Android
8 5 (1.52%) Windows Server 2008
9 4 (1.22%) Mac OS
10 3 (0.91%) Red Hat Enterprise Linux
10 3 (0.91%) Windows Server 2012
11 2 (0.61%) SUSE Linux Enterprise Server
12 1 (0.30%) Solaris
Processes & Methodologies
1 98 (29.88%) Change Management
2 85 (25.91%) Digital Transformation Programme
3 83 (25.30%) Agile Software Development
4 54 (16.46%) DevOps
5 26 (7.93%) Migration
5 26 (7.93%) Problem-Solving
6 24 (7.32%) Test Automation
7 23 (7.01%) Computer Science
8 22 (6.71%) Asset Management
8 22 (6.71%) Cybersecurity
8 22 (6.71%) Infrastructure Engineering
9 21 (6.40%) ITIL
9 21 (6.40%) Scrum
9 21 (6.40%) TDD
10 19 (5.79%) Continuous Improvement
10 19 (5.79%) Project Delivery
10 19 (5.79%) Project Management
11 17 (5.18%) Continuous Integration
12 16 (4.88%) Release Management
12 16 (4.88%) Risk Management
Programming Languages
1 49 (14.94%) Python
2 45 (13.72%) Java
3 35 (10.67%) SQL
4 20 (6.10%) C#
5 19 (5.79%) PowerShell
6 12 (3.66%) VB.NET
7 10 (3.05%) JavaScript
8 8 (2.44%) Java 8
9 7 (2.13%) C++
10 6 (1.83%) Apple Swift
10 6 (1.83%) Go
10 6 (1.83%) VBScript
11 4 (1.22%) Ruby
11 4 (1.22%) VB
11 4 (1.22%) VBA
12 3 (0.91%) C
12 3 (0.91%) Perl
13 2 (0.61%) R
13 2 (0.61%) Shell Script
13 2 (0.61%) TypeScript
Qualifications
1 31 (9.45%) Degree
2 13 (3.96%) Cisco Certification
2 13 (3.96%) Computer Science Degree
3 9 (2.74%) CCNP
3 9 (2.74%) PMI Certification
4 6 (1.83%) PMP
5 5 (1.52%) CCIE
5 5 (1.52%) Numerate Degree
6 4 (1.22%) CCIE Service Provider
6 4 (1.22%) CCNA
6 4 (1.22%) PRINCE2 Certification
7 2 (0.61%) CCSA
7 2 (0.61%) CCSE
7 2 (0.61%) Microsoft Certification
8 1 (0.30%) AWS Certification
8 1 (0.30%) CISSP
8 1 (0.30%) Master's Degree
8 1 (0.30%) MBA
Quality Assurance & Compliance
1 12 (3.66%) GDPR
1 12 (3.66%) QA
2 7 (2.13%) PMO
3 4 (1.22%) NIST
3 4 (1.22%) PSD2
4 2 (0.61%) SLA
5 1 (0.30%) COREP
5 1 (0.30%) CRD IV
5 1 (0.30%) FINREP
5 1 (0.30%) ISO 22301
5 1 (0.30%) PCI DSS
System Software
1 14 (4.27%) VMware Infrastructure
2 12 (3.66%) Active Directory
3 9 (2.74%) Docker
4 5 (1.52%) XenApp
5 4 (1.22%) DFS Replication
5 4 (1.22%) Microsoft App-V
5 4 (1.22%) VMware NSX
5 4 (1.22%) Xen
5 4 (1.22%) XenDesktop
6 2 (0.61%) Hyper-V
6 2 (0.61%) VMware ESXi
6 2 (0.61%) vSphere
7 1 (0.30%) Virtual Desktop
7 1 (0.30%) VirtualBox
Systems Management
1 14 (4.27%) Ansible
2 10 (3.05%) Kubernetes
3 8 (2.44%) Control-M
4 7 (2.13%) SCCM
5 5 (1.52%) Opscode Chef
5 5 (1.52%) Puppet
5 5 (1.52%) Terraform
6 4 (1.22%) Jamf Pro
6 4 (1.22%) Kibana
6 4 (1.22%) OPNET
6 4 (1.22%) Perfmon
6 4 (1.22%) SCOM
6 4 (1.22%) vRealize Orchestrator
6 4 (1.22%) WSUS
6 4 (1.22%) XenMobile
7 2 (0.61%) FortiGate
7 2 (0.61%) ITRS Geneos
7 2 (0.61%) Microsoft Clustering
7 2 (0.61%) Oracle Identity Management
7 2 (0.61%) Salt
Vendors
1 34 (10.37%) Microsoft
2 26 (7.93%) Cisco
3 21 (6.40%) SAP
3 21 (6.40%) VMware
4 17 (5.18%) Citrix
5 15 (4.57%) NetApp
5 15 (4.57%) Splunk
6 12 (3.66%) EMC
6 12 (3.66%) Oracle
7 9 (2.74%) Cadence
7 9 (2.74%) Juniper
8 8 (2.44%) BMC
8 8 (2.44%) TIBCO
9 7 (2.13%) F5
9 7 (2.13%) Google
10 6 (1.83%) Dell
10 6 (1.83%) HP
10 6 (1.83%) McAfee
10 6 (1.83%) Salesforce.com
11 5 (1.52%) Apple