Period
to 18 August 2019

The table below looks at the prevalence of the term Online Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Online Banking over the 6 months to 18 August 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.

Online Banking (Internet Banking)
UK
6 months to
18 Aug 2019
Same period 2018 Same period 2017
Rank 793 804 755
Rank change year-on-year +11 -49 +45
Contract jobs citing Online Banking 50 102 112
As % of all contract IT jobs advertised in the UK 0.055% 0.099% 0.12%
As % of the Miscellaneous category 0.17% 0.30% 0.35%
Number of daily rates quoted 30 58 59
UK median daily rate £528 £519 £500
Median daily rate % change year-on-year +1.69% +3.75% +8.11%
10th Percentile £363 £323 £310
90th Percentile £613 £633 £638
UK excluding London median daily rate £475 £450 £350
% change year-on-year +5.56% +28.57% -12.50%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Online Banking is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 29,151 33,477 31,796
As % of all contract IT jobs advertised in the UK 32.27% 32.49% 32.96%
Number of daily rates quoted 18,760 21,523 20,594
UK median daily rate £475 £463 £450
Median daily rate % change year-on-year +2.70% +2.78% +5.88%
10th Percentile £275 £275 £263
90th Percentile £675 £656 £638
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.13% +3.23%
Number of hourly rates quoted 1,049 1,043 1,005
UK median hourly rate £21.50 £21.00 £20.00
Median hourly rate % change year-on-year +2.38% +5.00% -1.28%
10th Percentile £11.67 £12.23 £11.25
90th Percentile £53.75 £50.25 £50.00
UK excluding London median hourly rate £20.11 £20.00 £19.30
% change year-on-year +0.55% +3.65% -5.88%

Online Banking
Job Vacancy Trend

Job postings citing Online Banking as a percentage of all IT jobs advertised.

Job vacancy trend for Online Banking in the UK

Online Banking
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Online Banking.

Contractor daily rate trend for Online Banking in the UK

Online Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Online Banking over the 6 months to 18 August 2019.

Contractor daily rate histogram for Online Banking in the UK

Online Banking
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Online Banking.

Contractor hourly rate trend for Online Banking in the UK

Online Banking
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Online Banking within the UK over the 6 months to 18 August 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 +11 47 £528 +1.69% 20
London +9 30 £550 - 15
UK excluding London +28 19 £475 +5.56% 5
North of England +25 11 £463 +23.75%
Yorkshire +23 7 £475 -
North West +10 4 £425 +13.71%
South West -23 4 £488 -13.72% 4
Scotland +36 2 £600 +84.62%
South East +19 2 - - 1

For the 6 months to 18 August 2019, IT contractor jobs citing Online Banking 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 Online Banking.

1 50 (100.00%) Banking
2 41 (82.00%) Finance
3 15 (30.00%) Validation
3 15 (30.00%) Agile Software Development
4 13 (26.00%) Information Security
5 12 (24.00%) Internet
5 12 (24.00%) OWASP
6 11 (22.00%) Security Architecture
6 11 (22.00%) Threat Modelling
6 11 (22.00%) Cryptography
6 11 (22.00%) Stakeholder Management
7 10 (20.00%) Java
7 10 (20.00%) SAML
7 10 (20.00%) OAuth
8 9 (18.00%) Analytical Skills
8 9 (18.00%) DevOps
8 9 (18.00%) Scrum
9 8 (16.00%) Retail
9 8 (16.00%) QA
9 8 (16.00%) SEPA
9 8 (16.00%) Problem-Solving
9 8 (16.00%) Test Scripting
9 8 (16.00%) SWIFT
10 6 (12.00%) Digital Banking
10 6 (12.00%) PSD2
10 6 (12.00%) Microservices
10 6 (12.00%) Project Management
10 6 (12.00%) .NET
10 6 (12.00%) Retail Banking
11 5 (10.00%) Actimize

Online Banking
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 2 (4.00%) Exchange Server 2010
1 2 (4.00%) MS Exchange
2 1 (2.00%) CMS
2 1 (2.00%) Confluence
Applications
1 3 (6.00%) Microsoft Office
2 2 (4.00%) MS Visio
Business Applications
1 5 (10.00%) Actimize
2 4 (8.00%) Payment Gateway
Cloud Services
1 5 (10.00%) Amazon AWS
2 4 (8.00%) Microsoft Azure
3 3 (6.00%) Google Cloud Platform
4 2 (4.00%) Amazon CloudWatch
4 2 (4.00%) Datadog
4 2 (4.00%) SaaS
4 2 (4.00%) Stackdriver
5 1 (2.00%) Apple Pay
5 1 (2.00%) Google Pay
Communications & Networking
1 12 (24.00%) Internet
2 2 (4.00%) Cisco IOS
2 2 (4.00%) Firewall
2 2 (4.00%) VPN
Database & Business Intelligence
1 3 (6.00%) SQL Server
2 2 (4.00%) Amazon DynamoDB
2 2 (4.00%) Apache Cassandra
2 2 (4.00%) Cosmos DB
2 2 (4.00%) CouchDB
2 2 (4.00%) Data Warehouse
2 2 (4.00%) MySQL
2 2 (4.00%) NoSQL
2 2 (4.00%) PostgreSQL
2 2 (4.00%) Redis
3 1 (2.00%) Relational Database
Development Applications
1 4 (8.00%) Octopus Deploy
1 4 (8.00%) TeamCity
2 3 (6.00%) Jenkins
2 3 (6.00%) JIRA
3 2 (4.00%) Atlassian Bamboo
3 2 (4.00%) Git (software)
3 2 (4.00%) Hudson
3 2 (4.00%) MSBuild
3 2 (4.00%) Visual Studio
General
1 50 (100.00%) Banking
2 41 (82.00%) Finance
3 8 (16.00%) Retail
4 6 (12.00%) Retail Banking
5 3 (6.00%) Legal
6 2 (4.00%) General Ledger
6 2 (4.00%) Investment Banking
6 2 (4.00%) Private Banking
Job Titles
1 13 (26.00%) Analyst
2 8 (16.00%) Applications Consultant
2 8 (16.00%) Consultant
2 8 (16.00%) Security Consultant
3 6 (12.00%) Architect
3 6 (12.00%) Tester
4 5 (10.00%) Business Analyst
4 5 (10.00%) Developer
4 5 (10.00%) IT Analyst
5 4 (8.00%) Payments Tester
6 3 (6.00%) Software Engineer
6 3 (6.00%) Technical Analyst
6 3 (6.00%) Test Analyst
7 2 (4.00%) Banking Analyst
7 2 (4.00%) Business IT Analyst
7 2 (4.00%) IT Business Analyst
7 2 (4.00%) IT Support Analyst
7 2 (4.00%) Principal Software Engineer
7 2 (4.00%) Service Desk Analyst
7 2 (4.00%) Technical Services Analyst
Libraries, Frameworks & Software Standards
1 10 (20.00%) OAuth
1 10 (20.00%) SAML
2 6 (12.00%) .NET
3 2 (4.00%) ASP.NET
3 2 (4.00%) ASP.NET Web API
3 2 (4.00%) Entity Framework
3 2 (4.00%) HATEOAS
3 2 (4.00%) Hibernate
3 2 (4.00%) RESTful
4 1 (2.00%) Apache Camel
4 1 (2.00%) Flash
4 1 (2.00%) JSP
4 1 (2.00%) OLE
4 1 (2.00%) Spring
Miscellaneous
1 9 (18.00%) Analytical Skills
2 8 (16.00%) SWIFT
3 5 (10.00%) Mainframe
4 4 (8.00%) Mobile Banking
4 4 (8.00%) User Experience
5 3 (6.00%) Mobile App
6 2 (4.00%) Cloud Native
6 2 (4.00%) Data Protection Act
6 2 (4.00%) Greenfield Project
7 1 (2.00%) Contactless
7 1 (2.00%) Management Information System
7 1 (2.00%) PKI
7 1 (2.00%) Taxonomies
Operating Systems
1 5 (10.00%) Windows
2 2 (4.00%) Android
2 2 (4.00%) Check Point GAiA
2 2 (4.00%) Windows 7
2 2 (4.00%) Windows Server
2 2 (4.00%) Windows Server 2008
3 1 (2.00%) Unix
Processes & Methodologies
1 15 (30.00%) Agile Software Development
1 15 (30.00%) Validation
2 13 (26.00%) Information Security
3 12 (24.00%) OWASP
4 11 (22.00%) Cryptography
4 11 (22.00%) Security Architecture
4 11 (22.00%) Stakeholder Management
4 11 (22.00%) Threat Modelling
5 9 (18.00%) DevOps
5 9 (18.00%) Scrum
6 8 (16.00%) Problem-Solving
6 8 (16.00%) Test Scripting
7 6 (12.00%) Digital Banking
7 6 (12.00%) Microservices
7 6 (12.00%) Project Management
8 5 (10.00%) Integration Testing
8 5 (10.00%) Regression Testing
8 5 (10.00%) System Integration Testing
8 5 (10.00%) TDD
8 5 (10.00%) User Acceptance Testing
Programming Languages
1 10 (20.00%) Java
2 5 (10.00%) SQL
3 4 (8.00%) C#
4 2 (4.00%) ANSI SQL
4 2 (4.00%) COBOL
4 2 (4.00%) Kotlin
4 2 (4.00%) PowerShell
4 2 (4.00%) Python
5 1 (2.00%) Java 8
Qualifications
1 2 (4.00%) CCSA
1 2 (4.00%) CCSE
Quality Assurance & Compliance
1 8 (16.00%) QA
1 8 (16.00%) SEPA
2 6 (12.00%) PSD2
3 2 (4.00%) SLA
System Software
1 2 (4.00%) Active Directory
1 2 (4.00%) Docker
2 1 (2.00%) OpenAM
Systems Management
1 2 (4.00%) Ansible
1 2 (4.00%) Cisco CUCM
1 2 (4.00%) Cisco UCCX
1 2 (4.00%) Kubernetes
1 2 (4.00%) logstash
1 2 (4.00%) Opscode Chef
1 2 (4.00%) Puppet
1 2 (4.00%) Terraform
Vendors
1 4 (8.00%) Cisco
1 4 (8.00%) Microsoft
2 2 (4.00%) Bloomberg
2 2 (4.00%) CheckPoint
2 2 (4.00%) Ivanti
2 2 (4.00%) Juniper
2 2 (4.00%) New Relic
2 2 (4.00%) SolarWinds
3 1 (2.00%) IBM
3 1 (2.00%) MuleSoft
3 1 (2.00%) Red Hat