Period
to 12 August 2020

The following table provides summary statistics for permanent job vacancies advertised in Somerset with a requirement for Fintech skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fintech over the 6 months to 12 August 2020 with a comparison to the same period in the previous 2 years.

Financial Technology (FinTech)
South West > Somerset
6 months to
12 Aug 2020
Same period 2019 Same period 2018
Rank 25 62 74
Rank change year-on-year +37 +12 +36
Permanent jobs citing Fintech 37 15 13
As % of all permanent jobs advertised in Somerset 9.69% 1.96% 1.44%
As % of the Processes & Methodologies category 10.51% 2.18% 1.58%
Number of salaries quoted 36 10 11
Median annual salary £53,750 £47,500 £50,000
Median salary % change year-on-year +13.16% -5.00% +14.94%
10th Percentile £40,000 £25,250 £37,500
90th Percentile £68,125 £114,250 £55,000
South West median annual salary £55,000 £47,500 £45,000
% change year-on-year +15.79% +5.56% -

Fintech is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in Somerset with a requirement for process or methodology skills.

All Process and Methodology Skills
Somerset
Permanent vacancies with a requirement for process or methodology skills 352 687 822
As % of all permanent IT jobs advertised in Somerset 92.15% 89.92% 91.33%
Number of salaries quoted 311 597 696
Median annual salary £47,500 £42,500 £40,500
Median salary % change year-on-year +11.76% +4.94% +1.25%
10th Percentile £27,500 £29,450 £26,753
90th Percentile £71,250 £66,250 £62,500
South West median annual salary £46,000 £45,000 £42,500
% change year-on-year +2.22% +5.88% +1.19%

Fintech
Job Vacancy Trend in Somerset

Job postings citing Fintech as a proportion of all IT jobs advertised in Somerset.

Job vacancy trend for Fintech in Somerset

Fintech
Salary Trend in Somerset

3-month moving average salary quoted in jobs citing Fintech in Somerset.

Salary trend for Fintech in Somerset

Fintech
Salary Histogram in Somerset

Salary distribution for jobs citing Fintech in Somerset over the 6 months to 12 August 2020.

Salary histogram for Fintech in Somerset

Fintech
Job Locations in Somerset

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fintech within the Somerset region over the 6 months to 12 August 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Bath +29 36 £55,000 +22.22% 3
Taunton - 1 £30,000 -
Fintech
South West

For the 6 months to 12 August 2020, IT jobs citing Fintech also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the Somerset region with a requirement for Fintech.

1 33 (89.19%) Agile Software Development
2 27 (72.97%) Scrum
3 26 (70.27%) MongoDB
3 26 (70.27%) TypeScript
4 24 (64.86%) Git (software)
5 22 (59.46%) .NET
6 20 (54.05%) C#
6 20 (54.05%) Finance
7 19 (51.35%) JavaScript
8 18 (48.65%) ASP.NET
9 16 (43.24%) Continuous Integration
10 15 (40.54%) TDD
11 14 (37.84%) Azure
11 14 (37.84%) DevOps
12 13 (35.14%) Microservices
12 13 (35.14%) React
12 13 (35.14%) BDD
12 13 (35.14%) .NET Core
12 13 (35.14%) SQL Server
13 12 (32.43%) Test Automation
14 11 (29.73%) RESTful
14 11 (29.73%) ASP.NET MVC
14 11 (29.73%) .NET Framework
14 11 (29.73%) MVC
14 11 (29.73%) API Development
14 11 (29.73%) API Design
14 11 (29.73%) GraphQL
15 10 (27.03%) Case Management
15 10 (27.03%) NoSQL
15 10 (27.03%) NServiceBus

Fintech
Co-occurring IT Skills in Somerset 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 10 (27.03%) NServiceBus
Cloud Services
1 14 (37.84%) Azure
2 10 (27.03%) AWS
3 8 (21.62%) GitHub
4 6 (16.22%) Serverless
5 5 (13.51%) Amazon SQS
5 5 (13.51%) AWS Lambda
6 2 (5.41%) PaaS
7 1 (2.70%) npm
Communications & Networking
1 1 (2.70%) HTTP
Database & Business Intelligence
1 26 (70.27%) MongoDB
2 13 (35.14%) SQL Server
3 10 (27.03%) NoSQL
4 2 (5.41%) PostgreSQL
5 1 (2.70%) Cosmos DB
5 1 (2.70%) MariaDB
5 1 (2.70%) MySQL
Development Applications
1 24 (64.86%) Git (software)
2 10 (27.03%) Selenium
3 5 (13.51%) Visual Studio Team System
4 2 (5.41%) Bitbucket
4 2 (5.41%) Octopus Deploy
4 2 (5.41%) Subversion
4 2 (5.41%) Visual Studio
5 1 (2.70%) Cucumber
5 1 (2.70%) SpecFlow
5 1 (2.70%) webpack
General
1 20 (54.05%) Finance
Job Titles
1 29 (78.38%) Developer
2 10 (27.03%) Senior Developer
3 9 (24.32%) .NET Developer
4 8 (21.62%) Full Stack Developer
5 5 (13.51%) MongoDB Developer
5 5 (13.51%) React Developer
6 4 (10.81%) Backend Developer
6 4 (10.81%) JavaScript Developer
6 4 (10.81%) Node.js Developer
7 3 (8.11%) Senior Backend Developer
8 2 (5.41%) Applications Developer
8 2 (5.41%) Java Developer
8 2 (5.41%) JavaScript Engineer
8 2 (5.41%) Lead Developer
8 2 (5.41%) Lead DevOps
8 2 (5.41%) Senior .NET Developer
8 2 (5.41%) Web Applications Developer
8 2 (5.41%) Web Developer
9 1 (2.70%) C# .NET Developer
9 1 (2.70%) Software Engineer
Libraries, Frameworks & Software Standards
1 22 (59.46%) .NET
2 18 (48.65%) ASP.NET
3 13 (35.14%) .NET Core
3 13 (35.14%) React
4 11 (29.73%) .NET Framework
4 11 (29.73%) ASP.NET MVC
4 11 (29.73%) GraphQL
4 11 (29.73%) RESTful
5 10 (27.03%) ASP.NET Web API
5 10 (27.03%) CSS
5 10 (27.03%) HTML
6 9 (24.32%) ASP.NET MVC 4
6 9 (24.32%) HTML5
7 8 (21.62%) ASP.NET Core
7 8 (21.62%) Node.js
7 8 (21.62%) Vue.js
7 8 (21.62%) Web Services
8 3 (8.11%) Express
8 3 (8.11%) OpenID
9 2 (5.41%) Entity Framework
Miscellaneous
1 2 (5.41%) Data Centre
1 2 (5.41%) Public Cloud
2 1 (2.70%) Greenfield Project
Operating Systems
1 2 (5.41%) Linux
1 2 (5.41%) Windows
1 2 (5.41%) Windows Server
Processes & Methodologies
1 33 (89.19%) Agile Software Development
2 27 (72.97%) Scrum
3 16 (43.24%) Continuous Integration
4 15 (40.54%) TDD
5 14 (37.84%) DevOps
6 13 (35.14%) BDD
6 13 (35.14%) Microservices
7 12 (32.43%) Test Automation
8 11 (29.73%) API Design
8 11 (29.73%) API Development
8 11 (29.73%) MVC
9 10 (27.03%) Case Management
9 10 (27.03%) Mentoring
10 7 (18.92%) Collaborative Working
10 7 (18.92%) Continuous Improvement
10 7 (18.92%) SOA
11 6 (16.22%) Problem-Solving
12 5 (13.51%) Software Engineering
13 4 (10.81%) Coaching
13 4 (10.81%) Computer Science
Programming Languages
1 26 (70.27%) TypeScript
2 20 (54.05%) C#
3 19 (51.35%) JavaScript
4 4 (10.81%) SQL
5 2 (5.41%) Java
5 2 (5.41%) Java 8
5 2 (5.41%) PowerShell
5 2 (5.41%) T-SQL
6 1 (2.70%) PHP
Qualifications
1 4 (10.81%) Computer Science Degree
1 4 (10.81%) Degree
2 1 (2.70%) ISEB
2 1 (2.70%) ISTQB
2 1 (2.70%) ISTQB Foundation Certification
System Software
1 10 (27.03%) Docker
Systems Management
1 10 (27.03%) Kubernetes
2 4 (10.81%) Terraform
3 3 (8.11%) MIIS
Vendors
1 8 (21.62%) Cadence
2 4 (10.81%) Microsoft