Period
to 18 October 2017

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 18 October 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
6 months to
18 Oct 2017
Same period 2016 Same period 2015
Rank 318 343 317
Rank change year-on-year +25 -26 -12
Contract jobs citing Financial Institution 765 737 852
As % of all contract IT jobs advertised in the UK 0.77% 0.69% 0.75%
As % of the General category 1.95% 1.92% 1.89%
Number of daily rates quoted 456 451 601
UK median daily rate £550 £475 £475
Median daily rate % change year-on-year +15.79% - +5.56%
10th Percentile £375 £315 £270
90th Percentile £722 £663 £663
UK excluding London median daily rate £450 £400 £400
% change year-on-year +12.50% - +11.73%
Number of hourly rates quoted 8 14 4
UK median hourly rate £10.02 £9.02 £18.83
Median hourly rate % change year-on-year +11.18% -52.11% +104.51%
10th Percentile £8.44 £8.44 £11.83
90th Percentile £23.00 £9.56 £45.29
UK excluding London median hourly rate £8.63 £9.02 £16.13
% change year-on-year -4.33% -44.09% +75.18%

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 39291 38381 45176
As % of all contract IT jobs advertised in the UK 39.54% 36.03% 39.91%
Number of daily rates quoted 26002 25538 28863
UK median daily rate £460 £450 £425
Median daily rate % change year-on-year +2.22% +5.88% -
10th Percentile £280 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 875 969 1201
UK median hourly rate £26.00 £24.41 £23.75
Median hourly rate % change year-on-year +6.51% +2.78% +7.95%
10th Percentile £12.00 £11.20 £11.25
90th Percentile £48.00 £47.30 £48.75
UK excluding London median hourly rate £27.75 £25.00 £26.00
% change year-on-year +11.00% -3.85% +8.33%

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 18 October 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
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Financial Institution over the 6 months to 18 October 2017.

Contractor hourly rate histogram for Financial Institution in the UK

Financial Institution
Top 15 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 18 October 2017. 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 +22 731 £550 +15.79% 149
London +8 621 £550 +10.00% 130
UK excluding London +17 139 £450 +12.50% 25
South East +20 53 £425 -19.05% 11
North of England +69 25 £450 +18.42% 4
Scotland +30 24 £600 +50.00% 5
Midlands +6 15 £395 +229.85% 2
North West +35 14 £394 +12.50% 4
South West +8 13 £550 +25.71% 1
Yorkshire +19 11 £450 +2.86%
East Midlands -17 10 £515 +404.90% 2
West Midlands +32 5 £275 -40.54%
East of England -17 4 £213 -46.88% 1
Northern Ireland -49 3 £464 +40.61%
Wales +2 2 - - 1

For the 6 months to 18 October 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.

1 765 (100.00%) Finance
2 280 (36.60%) Banking
3 214 (27.97%) Agile Software Development
4 182 (23.79%) Java
5 168 (21.96%) SQL
6 118 (15.42%) Oracle
7 105 (13.73%) Analytics
8 103 (13.46%) Analytical Skills
8 103 (13.46%) Front Office
9 96 (12.55%) Investment Banking
10 88 (11.50%) Linux
11 85 (11.11%) Microsoft
12 84 (10.98%) Change Management
13 83 (10.85%) TDD
14 79 (10.33%) C#
15 78 (10.20%) JavaScript
16 77 (10.07%) Degree
17 74 (9.67%) Hedge funds
18 73 (9.54%) Unix
19 71 (9.28%) Stakeholder Management
20 66 (8.63%) Risk Management
21 64 (8.37%) DevOps
22 63 (8.24%) Project Management
22 63 (8.24%) Foreign Exchange (FX)
23 62 (8.10%) SDLC
24 58 (7.58%) Git (software)
25 57 (7.45%) .NET
25 57 (7.45%) Sybase
26 56 (7.32%) Windows
27 53 (6.93%) SQL Server

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 19 (2.48%) Oracle Workflow
2 18 (2.35%) Apache
3 17 (2.22%) SharePoint
4 10 (1.31%) OpenStack
5 9 (1.18%) Apache Solr
5 9 (1.18%) Confluence
6 8 (1.05%) EPiServer
7 7 (0.92%) CMS
8 6 (0.78%) Cloud Foundry
8 6 (0.78%) Tomcat
8 6 (0.78%) WordPress
9 5 (0.65%) Apache Spark
9 5 (0.65%) IIS
9 5 (0.65%) WebSphere
10 2 (0.26%) Oracle Coherence
10 2 (0.26%) Oracle SOA Suite
11 1 (0.13%) Adobe Experience Manager
11 1 (0.13%) DataSynapse
11 1 (0.13%) Elasticsearch
11 1 (0.13%) nginx
Applications
1 32 (4.18%) Microsoft Excel
2 29 (3.79%) Microsoft Office
3 10 (1.31%) Microsoft PowerPoint
4 6 (0.78%) Microsoft Project
5 5 (0.65%) Adobe Illustrator
5 5 (0.65%) Photoshop
6 4 (0.52%) MS Visio
7 3 (0.39%) Spreadsheet
8 2 (0.26%) InVision
9 1 (0.13%) Adobe Creative Suite
9 1 (0.13%) SPSS
Business Applications
1 8 (1.05%) Dynamics CRM
2 7 (0.92%) SimCorp Dimension
3 6 (0.78%) Eikon
4 4 (0.52%) BusinessWorks
4 4 (0.52%) ION MarketView
5 2 (0.26%) Kondor
5 2 (0.26%) Loan IQ
5 2 (0.26%) Markit EDM
5 2 (0.26%) Oracle Subledger Accounting
5 2 (0.26%) Salesforce.com CRM
5 2 (0.26%) Summit
6 1 (0.13%) Dynamics NAV
6 1 (0.13%) Oracle Assets
6 1 (0.13%) Oracle E-Business Tax
6 1 (0.13%) Oracle General Ledger
6 1 (0.13%) Oracle Payables
6 1 (0.13%) Payment Gateway
6 1 (0.13%) Sentinel
6 1 (0.13%) Temenos T24
6 1 (0.13%) VisionPLUS
Cloud Services
1 45 (5.88%) Amazon AWS
2 25 (3.27%) Microsoft Azure
3 19 (2.48%) PaaS
4 11 (1.44%) Cloud Computing
5 10 (1.31%) OpenShift
6 9 (1.18%) GitHub
7 5 (0.65%) Adobe Creative Cloud
7 5 (0.65%) Google Cloud Platform
7 5 (0.65%) IaaS
7 5 (0.65%) Office 365
8 4 (0.52%) SaaS
8 4 (0.52%) Serverless
9 3 (0.39%) AWS CloudFormation
9 3 (0.39%) AWS Lambda
10 1 (0.13%) Data Lake Analytics
10 1 (0.13%) Google Play
10 1 (0.13%) Loggly
10 1 (0.13%) npm
10 1 (0.13%) Salesforce Sales Cloud
10 1 (0.13%) Salesforce Service Cloud
Communications & Networking
1 17 (2.22%) Firewall
1 17 (2.22%) TCP/IP
2 7 (0.92%) HTTP
2 7 (0.92%) Internet
2 7 (0.92%) LAN
2 7 (0.92%) SAN
2 7 (0.92%) WAN
2 7 (0.92%) Wireless
3 6 (0.78%) DHCP
3 6 (0.78%) NFC
4 5 (0.65%) BIG-IP
4 5 (0.65%) DNS
4 5 (0.65%) F5 BIG-IP LTM
4 5 (0.65%) FTP
4 5 (0.65%) SSL
5 4 (0.52%) ATM
5 4 (0.52%) NAS
5 4 (0.52%) Network Security
5 4 (0.52%) VoIP
6 3 (0.39%) OSPF
Database & Business Intelligence
1 53 (6.93%) SQL Server
2 44 (5.75%) Relational Database
3 23 (3.01%) Big Data
3 23 (3.01%) Blockchain
4 21 (2.75%) SQL Server Integration Services
5 20 (2.61%) SQL Server Reporting Services
6 18 (2.35%) MongoDB
7 15 (1.96%) Data Warehouse
8 11 (1.44%) Flink
9 10 (1.31%) Hadoop
9 10 (1.31%) Oracle Database
10 9 (1.18%) PostgreSQL
11 8 (1.05%) MySQL
11 8 (1.05%) Redis
11 8 (1.05%) SQL Server 2012
11 8 (1.05%) Squirro
12 6 (0.78%) DB2
12 6 (0.78%) GIS
12 6 (0.78%) QlikView
13 5 (0.65%) Siebel EIM
Development Applications
1 58 (7.58%) Git (software)
2 42 (5.49%) JIRA
3 38 (4.97%) TeamCity
4 36 (4.71%) Subversion
5 34 (4.44%) Maven
6 30 (3.92%) Sonatype Nexus
7 29 (3.79%) Jenkins
8 27 (3.53%) Team Foundation Server
9 9 (1.18%) gulp
10 8 (1.05%) Moq
11 7 (0.92%) Octopus Deploy
11 7 (0.92%) Selenium
12 6 (0.78%) Visual Studio
13 5 (0.65%) LoadRunner
13 5 (0.65%) NUnit
14 4 (0.52%) ClearCase
14 4 (0.52%) CruiseControl
14 4 (0.52%) VSS/SourceSafe
15 3 (0.39%) Grunt
15 3 (0.39%) IntelliJ
General
1 765 (100.00%) Finance
2 280 (36.60%) Banking
3 103 (13.46%) Front Office
4 96 (12.55%) Investment Banking
5 24 (3.14%) Retail
6 23 (3.01%) Marketing
7 18 (2.35%) Back Office
8 12 (1.57%) Billing
9 9 (1.18%) Legal
9 9 (1.18%) Retail Banking
10 7 (0.92%) Law
11 6 (0.78%) Brand Awareness
11 6 (0.78%) Telecoms
12 5 (0.65%) General Ledger
13 4 (0.52%) German Language
14 2 (0.26%) Advertising
14 2 (0.26%) French Language
14 2 (0.26%) Japanese Language
15 1 (0.13%) Manufacturing
15 1 (0.13%) Publishing
Job Titles
1 231 (30.20%) Developer
2 135 (17.65%) Analyst
3 67 (8.76%) Java Developer
4 65 (8.50%) Business Analyst
5 49 (6.41%) Architect
6 37 (4.84%) Project Manager
7 36 (4.71%) Consultant
8 35 (4.58%) C# Developer
9 22 (2.88%) Quantitative Developer
10 21 (2.75%) .NET Developer
10 21 (2.75%) Delivery Manager
11 19 (2.48%) Applications Engineer
11 19 (2.48%) Monitoring Engineer
11 19 (2.48%) Performance Engineer
12 18 (2.35%) Administrator
13 17 (2.22%) Service Analyst
14 16 (2.09%) DevOps Engineer
14 16 (2.09%) SQL Developer
15 15 (1.96%) Data Analyst
16 14 (1.83%) Technical Leader
Libraries, Frameworks & Software Standards
1 57 (7.45%) .NET
2 50 (6.54%) FIX Protocol
2 50 (6.54%) HTML
3 42 (5.49%) CSS
4 39 (5.10%) JMS
5 37 (4.84%) Web Services
6 35 (4.58%) AngularJS
7 33 (4.31%) HTML5
8 29 (3.79%) ASP.NET
9 27 (3.53%) WCF
10 26 (3.40%) RESTful
11 25 (3.27%) Ultra Messaging
12 24 (3.14%) J2EE
13 23 (3.01%) XML
14 22 (2.88%) Spring
15 20 (2.61%) .NET Framework
16 16 (2.09%) Entity Framework
17 15 (1.96%) ASP.NET Web API
17 15 (1.96%) REST
17 15 (1.96%) SOAP
Miscellaneous
1 103 (13.46%) Analytical Skills
2 74 (9.67%) Hedge funds
3 63 (8.24%) Foreign Exchange (FX)
4 41 (5.36%) Derivative
5 38 (4.97%) Computer Science
6 33 (4.31%) Virtual Team
7 30 (3.92%) Equities
8 29 (3.79%) Fintech
9 28 (3.66%) Management Information System
10 24 (3.14%) Fixed Income
11 22 (2.88%) Market Risk
12 20 (2.61%) Data Centre
13 14 (1.83%) Greenfield Project
13 14 (1.83%) OTC Derivatives
14 13 (1.70%) User Experience
15 12 (1.57%) Reference Data
16 11 (1.44%) Social Media
17 10 (1.31%) Credit Risk
18 9 (1.18%) Cloud Native
19 8 (1.05%) Clustering
Operating Systems
1 88 (11.50%) Linux
2 73 (9.54%) Unix
3 56 (7.32%) Windows
4 12 (1.57%) Windows Server
5 11 (1.44%) Solaris
6 9 (1.18%) Windows 7
7 8 (1.05%) Windows 10
8 7 (0.92%) SUSE
9 6 (0.78%) AIX
9 6 (0.78%) Android
9 6 (0.78%) Red Hat Enterprise Linux
10 4 (0.52%) Apple iOS
11 3 (0.39%) Ubuntu
11 3 (0.39%) Windows Server 2008
11 3 (0.39%) Windows Server 2012
12 2 (0.26%) Data ONTAP
13 1 (0.13%) CentOS
13 1 (0.13%) zOS
Processes & Methodologies
1 214 (27.97%) Agile Software Development
2 105 (13.73%) Analytics
3 84 (10.98%) Change Management
4 83 (10.85%) TDD
5 71 (9.28%) Stakeholder Management
6 66 (8.63%) Risk Management
7 64 (8.37%) DevOps
8 63 (8.24%) Project Management
9 62 (8.10%) SDLC
10 52 (6.80%) Performance Management
11 50 (6.54%) Test Automation
11 50 (6.54%) Workflow
12 48 (6.27%) Business Analysis
13 44 (5.75%) AOP
13 44 (5.75%) Low Latency
13 44 (5.75%) Scrum
14 38 (4.97%) Mentoring
15 36 (4.71%) Continuous Integration
16 34 (4.44%) BDD
17 32 (4.18%) Investment Management
Programming Languages
1 182 (23.79%) Java
2 168 (21.96%) SQL
3 79 (10.33%) C#
4 78 (10.20%) JavaScript
5 49 (6.41%) Python
6 47 (6.14%) Perl
7 41 (5.36%) C++
8 37 (4.84%) Shell Script
9 34 (4.44%) Bash Shell
10 17 (2.22%) R
11 13 (1.70%) PL/SQL
12 12 (1.57%) Scala
12 12 (1.57%) TypeScript
13 10 (1.31%) VBA
14 8 (1.05%) Apex Code
14 8 (1.05%) T-SQL
15 7 (0.92%) Korn
16 5 (0.65%) ES6
16 5 (0.65%) PowerShell
16 5 (0.65%) STATISTICA Visual Basic
Qualifications
1 77 (10.07%) Degree
2 17 (2.22%) Computer Science Degree
3 14 (1.83%) Microsoft Certification
3 14 (1.83%) PRINCE2 Practitioner
4 12 (1.57%) PMP
5 11 (1.44%) PMI Certification
6 10 (1.31%) PhD
7 7 (0.92%) CISSP
8 6 (0.78%) CFA
8 6 (0.78%) RHCE
8 6 (0.78%) Security Cleared
9 5 (0.65%) MCTS
9 5 (0.65%) Siebel Certification
10 4 (0.52%) Cisco Certification
10 4 (0.52%) CISM
10 4 (0.52%) CTC Cleared
10 4 (0.52%) MCSE
11 3 (0.39%) CCIE
11 3 (0.39%) Master's Degree
12 2 (0.26%) AWS Certification
Quality Assurance & Compliance
1 53 (6.93%) MiFID
2 49 (6.41%) QA
3 22 (2.88%) EMIR
4 19 (2.48%) PCI DSS
5 17 (2.22%) PMO
6 15 (1.96%) GDPR
7 9 (1.18%) Data Quality
8 8 (1.05%) ISO/IEC 27001
9 7 (0.92%) SLA
10 6 (0.78%) Dodd-Frank
11 5 (0.65%) AS 2805
11 5 (0.65%) ISO 8583
11 5 (0.65%) PSD2
12 2 (0.26%) Basel II
12 2 (0.26%) COBIT
12 2 (0.26%) FATCA
12 2 (0.26%) GCP
12 2 (0.26%) ISAE 3402
12 2 (0.26%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
12 2 (0.26%) ISO/IEC 27005
System Software
1 25 (3.27%) Docker
2 21 (2.75%) Active Directory
3 8 (1.05%) NFS
3 8 (1.05%) Veritas Volume Manager
4 6 (0.78%) Samba
4 6 (0.78%) Veritas File System
4 6 (0.78%) VMware Infrastructure
5 5 (0.65%) SRDF
5 5 (0.65%) Veritas Cluster Server
6 3 (0.39%) Microsoft App-V
6 3 (0.39%) VMware ESXi
7 2 (0.26%) Citrix Presentation Server
7 2 (0.26%) Virtual Machines
7 2 (0.26%) XenApp
7 2 (0.26%) XenDesktop
8 1 (0.13%) EMC RecoverPoint
8 1 (0.13%) Oracle RAC
8 1 (0.13%) Sendmail
8 1 (0.13%) Squid
8 1 (0.13%) vSphere
Systems Management
1 13 (1.70%) Kubernetes
1 13 (1.70%) SCCM
2 12 (1.57%) Puppet
3 5 (0.65%) Ansible
3 5 (0.65%) HP SiteScope
3 5 (0.65%) Tivoli
3 5 (0.65%) Tivoli Storage Manager
4 4 (0.52%) Terraform
5 3 (0.39%) Control-M
5 3 (0.39%) Opscode Chef
5 3 (0.39%) Packer
6 2 (0.26%) Host Intrusion Detection System
6 2 (0.26%) NetApp OnCommand
7 1 (0.13%) Consul
7 1 (0.13%) HP Quality Center
7 1 (0.13%) logstash
7 1 (0.13%) Nagios
7 1 (0.13%) NetBackup
7 1 (0.13%) Rundeck
7 1 (0.13%) SCOM
Vendors
1 118 (15.42%) Oracle
2 85 (11.11%) Microsoft
3 57 (7.45%) Sybase
4 38 (4.97%) Salesforce.com
5 35 (4.58%) AppDynamics
5 35 (4.58%) TIBCO
6 25 (3.27%) Currenex
7 22 (2.88%) Bloomberg
8 20 (2.61%) Splunk
9 19 (2.48%) HP
9 19 (2.48%) Red Hat
10 17 (2.22%) VMware
11 13 (1.70%) IBM
12 12 (1.57%) Reuters
12 12 (1.57%) Tableau
13 11 (1.44%) Calypso
13 11 (1.44%) Citrix
14 10 (1.31%) New Relic
15 9 (1.18%) EMC
16 8 (1.05%) Cisco