Financial Institution Contracts in the UK excluding London

Financial Institution
UK > UK excluding London

The table below looks at the prevalence of the term Financial Institution in contract job vacancies in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Financial Institution over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 356 318 438
Rank change year-on-year -38 +120 -7
Contract jobs citing Financial Institution 45 112 66
As % of all contract jobs advertised in the UK excluding London 0.21% 0.49% 0.22%
As % of the General category 0.40% 0.88% 0.39%
Number of daily rates quoted 38 95 28
10th Percentile £252 £450 £250
25th Percentile £394 £480 £339
Median daily rate (50th Percentile) £490 £525 £481
Median % change year-on-year -6.67% +9.09% -3.75%
75th Percentile £628 £600 £541
90th Percentile £750 £694 £691
UK median daily rate £600 £600 £600

All General Skills
UK excluding London

Financial Institution falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the UK excluding London.

Contract vacancies with a requirement for common skills 11,359 12,744 17,014
As % of all contract IT jobs advertised in the UK excluding London 53.27% 56.16% 55.98%
Number of daily rates quoted 6,395 8,644 11,704
10th Percentile £205 £230 £213
25th Percentile £363 £400 £375
Median daily rate (50th Percentile) £490 £500 £475
Median % change year-on-year -2.00% +5.26% +7.95%
75th Percentile £594 £600 £575
90th Percentile £688 £700 £656
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 1,713 737 1,038
10th Percentile £12.50 £13.31 £12.50
25th Percentile £15.00 £15.25 £14.25
Median hourly rate £29.50 £27.50 £19.59
Median % change year-on-year +7.27% +40.36% +3.12%
75th Percentile £53.75 £60.00 £37.50
90th Percentile £67.50 £69.25 £56.00
UK median hourly rate £30.50 £31.96 £23.00
% change year-on-year -4.57% +38.96% +9.26%

Financial Institution
Job Vacancy Trend in the UK excluding London

Job postings citing Financial Institution as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Financial Institution in the UK excluding London

Financial Institution
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Financial Institution in the UK excluding London.

Daily rate trend for Financial Institution in the UK excluding London

Financial Institution
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Financial Institution in the UK excluding London over the 6 months to 12 June 2024.

Daily rate histogram for Financial Institution in the UK excluding London

Financial Institution
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Financial Institution in the UK excluding London.

Hourly rate trend for Financial Institution in the UK excluding London

Financial Institution
Contract Job Locations in the UK excluding London

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 excluding London region over the 6 months to 12 June 2024. 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
Jobs
North of England +2 15 £513 +2.50% 6
North West +14 13 £513 -7.87% 2
Scotland +52 11 £625 +13.64% 9
South East -8 8 £259 -50.76% 10
South West +6 6 £450 -21.74% 11
Midlands -16 4 £383 -23.39% 4
East Midlands +5 2 £383 -4.24%
East of England +2 2 £655 +25.96%
Yorkshire 0 2 - - 4
West Midlands -12 2 £300 -40.00% 4
Financial Institution
UK

Financial Institution
Co-occurring Skills and Capabilities in the UK excluding London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (8.89%) Microsoft Exchange
2 2 (4.44%) Confluence
Applications
1 3 (6.67%) Microsoft Office
Business Applications
1 5 (11.11%) Actimize
2 1 (2.22%) Adobe Campaign
2 1 (2.22%) Eloqua
Cloud Services
1 6 (13.33%) Azure
2 4 (8.89%) AWS
3 1 (2.22%) Azure DevOps
3 1 (2.22%) Azure Functions
3 1 (2.22%) Cloud Computing
3 1 (2.22%) GCP
3 1 (2.22%) Microsoft 365
3 1 (2.22%) Serverless
3 1 (2.22%) Supabase
Communications & Networking
1 5 (11.11%) Wireless
2 4 (8.89%) Firewall
2 4 (8.89%) TCP/IP
2 4 (8.89%) VLAN
3 1 (2.22%) DMZ
3 1 (2.22%) SSL
3 1 (2.22%) VPN
Database & Business Intelligence
1 4 (8.89%) Big Data
1 4 (8.89%) Data Warehouse
1 4 (8.89%) Parquet
2 1 (2.22%) MySQL
2 1 (2.22%) Oracle Exadata
2 1 (2.22%) PostgreSQL
2 1 (2.22%) SQL Server
Development Applications
1 6 (13.33%) JIRA
2 1 (2.22%) Git
General
1 45 (100.00%) Finance
2 5 (11.11%) Banking
3 4 (8.89%) Analytical Skills
3 4 (8.89%) Social Skills
4 3 (6.67%) Front Office
5 1 (2.22%) Automotive
5 1 (2.22%) Inclusion and Diversity
5 1 (2.22%) Manufacturing
5 1 (2.22%) Marketing
Job Titles
1 12 (26.67%) Developer
2 8 (17.78%) Network Engineer
3 6 (13.33%) Project Manager
4 5 (11.11%) Java Developer
4 5 (11.11%) Java Scala Developer
4 5 (11.11%) Linux Developer
4 5 (11.11%) Scala Developer
4 5 (11.11%) Support Engineer
5 3 (6.67%) 2nd Line Engineer
5 3 (6.67%) Python Developer
6 2 (4.44%) 2nd Line Support
6 2 (4.44%) 2nd Line Support Engineer
6 2 (4.44%) Architect
6 2 (4.44%) Security Architect
7 1 (2.22%) Administrator
7 1 (2.22%) Analyst
7 1 (2.22%) Consultant
7 1 (2.22%) Desktop Support Analyst
7 1 (2.22%) Development Specialist
7 1 (2.22%) Infrastructure Engineer
Libraries, Frameworks & Software Standards
1 4 (8.89%) Apache Avro
1 4 (8.89%) PySpark
2 1 (2.22%) HTML
2 1 (2.22%) Kafka
2 1 (2.22%) LDAP
2 1 (2.22%) Middleware
2 1 (2.22%) Node.js
2 1 (2.22%) SailPoint
2 1 (2.22%) SAML
2 1 (2.22%) Svelte
2 1 (2.22%) SvelteKit
2 1 (2.22%) XML
Miscellaneous
1 8 (17.78%) Greenfield Project
2 4 (8.89%) Distributed Computing
2 4 (8.89%) Self-Motivation
3 3 (6.67%) Hedge funds
4 2 (4.44%) Data Centre
4 2 (4.44%) Security Posture
5 1 (2.22%) Analytical Mindset
5 1 (2.22%) Cyber Defence
5 1 (2.22%) Cyber Threat
5 1 (2.22%) Cyberattack
5 1 (2.22%) Data Protection Act
5 1 (2.22%) Legacy Systems
5 1 (2.22%) Management Information System
5 1 (2.22%) PKI
5 1 (2.22%) Team-Oriented Environment
Operating Systems
1 6 (13.33%) Linux
2 3 (6.67%) Windows
2 3 (6.67%) Windows Server 2016
3 2 (4.44%) Apple iOS
3 2 (4.44%) Windows Server 2019
4 1 (2.22%) Windows 10
4 1 (2.22%) Windows Server 2012
4 1 (2.22%) zOS
Processes & Methodologies
1 11 (24.44%) Software Engineering
2 10 (22.22%) Customer Service
3 6 (13.33%) ETL
3 6 (13.33%) Problem-Solving
3 6 (13.33%) Project Management
4 4 (8.89%) Change Control
4 4 (8.89%) Data Modelling
4 4 (8.89%) Decision-Making
4 4 (8.89%) Proactive Monitoring
5 3 (6.67%) Agile
5 3 (6.67%) Analytics
5 3 (6.67%) Business Intelligence
5 3 (6.67%) Collaborative Working
5 3 (6.67%) Cybersecurity
5 3 (6.67%) DevOps
5 3 (6.67%) Migration
5 3 (6.67%) Project Delivery
5 3 (6.67%) Scaled Agile Framework
6 2 (4.44%) Budgeting and Forecasting
6 2 (4.44%) Risk Management
Programming Languages
1 6 (13.33%) Java
1 6 (13.33%) Python
2 5 (11.11%) Scala
3 3 (6.67%) SQL
4 2 (4.44%) JavaScript
4 2 (4.44%) PowerShell
5 1 (2.22%) Bash
5 1 (2.22%) TypeScript
Qualifications
1 2 (4.44%) Computer Science Degree
1 2 (4.44%) Degree
Quality Assurance & Compliance
1 4 (8.89%) Data Quality
2 2 (4.44%) GRC
3 1 (2.22%) ISO/IEC 27001
3 1 (2.22%) PCI DSS
3 1 (2.22%) PMO
3 1 (2.22%) QA
3 1 (2.22%) SLA
System Software
1 5 (11.11%) Active Directory
2 4 (8.89%) VMware ESXi
2 4 (8.89%) VMware Infrastructure
2 4 (8.89%) vSphere
Systems Management
1 4 (8.89%) Nessus
2 3 (6.67%) SCCM
2 3 (6.67%) WSUS
3 2 (4.44%) Single Sign-On
4 1 (2.22%) Terraform
Vendors
1 9 (20.00%) Microsoft
2 5 (11.11%) F5
3 4 (8.89%) Avaya
3 4 (8.89%) Qualys
3 4 (8.89%) VMware
4 2 (4.44%) Apple
4 2 (4.44%) Atlassian
4 2 (4.44%) Genesys
4 2 (4.44%) Google
5 1 (2.22%) Adobe
5 1 (2.22%) Cisco
5 1 (2.22%) Dell
5 1 (2.22%) Fortinet
5 1 (2.22%) IBM
5 1 (2.22%) Marketo
5 1 (2.22%) Salesforce
5 1 (2.22%) Salesforce Marketing Cloud
5 1 (2.22%) ServiceNow