The table below looks at the prevalence of the term Banking in IT contracts advertised for the Cambridge region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 28 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 42 48 39
Rank change year-on-year
+6 -9
Contract jobs citing Banking 16 4 2
As % of all contract IT jobs located in Cambridge 3.11% 0.83% 0.55%
As % of the General category 17.78% 4.94% 1.87%
Number of daily rates quoted 5 4 0
Average daily rate
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£500 £425 -
Average daily rate % change year-on-year
+17.64% -
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%
Banking
Cambridgeshire

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Cambridge region.

General Category
Cambridge
Contract IT job ads with a match in the
General category
90 81 107
As % of all contract IT jobs located in Cambridge 17.48% 16.74% 29.40%
Number of daily rates quoted 41 48 42
Average daily rate £400 £355 £300
Average daily rate % change year-on-year
+12.67% +18.33%
90% offered a daily rate of more than £300 £150 £250
10% offered a daily rate of more than £650 £453 £417
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 8 5 6
Average hourly rate £32.50 £32.50 £11.25
Average hourly rate % change year-on-year
- +188.88%
90% offered a hourly rate of more than £14.00 £20.00 £10.75
10% offered a hourly rate of more than £35.00 £97.25 £26.38
UK excluding London average hourly rate £25.83 £22.50 £22.47
% change year-on-year
+14.80% +0.15%

Banking
Jobs Demand Trend in Cambridge

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the Cambridge region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Cambridge

Banking
Daily Rate Trend in Cambridge

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Cambridge region.

Banking Daily Rate Trend in Cambridge

Banking
Daily Rate Histogram in Cambridge

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Cambridge region over the 3 months to 28 August 2015.

Banking Daily Rate Histogram in Cambridge

Banking
Hourly Rate Trend in Cambridge

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

Banking Hourly Rate Trend in Cambridge

Banking
Top 30 Related IT Skills in Cambridge

For the 6 months to 28 August 2015, IT contractor jobs across the Cambridge region citing Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking.

1 12 (70.59%) Finance
2 10 (58.82%) WCF
2 10 (58.82%) Time Management
2 10 (58.82%) Unit Testing
3 9 (52.94%) WPF
3 9 (52.94%) .NET
4 8 (47.06%) C#
4 8 (47.06%) ADO.NET
4 8 (47.06%) Technical Architecture
4 8 (47.06%) MVC
4 8 (47.06%) Telecoms
4 8 (47.06%) Scrum
4 8 (47.06%) ASP.NET Web API
5 7 (41.18%) Microsoft Azure
5 7 (41.18%) Agile Software Development
5 7 (41.18%) .NET Framework
5 7 (41.18%) LINQ
5 7 (41.18%) Windows
6 6 (35.29%) WF
7 5 (29.41%) Stakeholder Management
7 5 (29.41%) UML
7 5 (29.41%) XML
8 4 (23.53%) ASP.NET
8 4 (23.53%) SQL
8 4 (23.53%) MSMQ
8 4 (23.53%) Mobile Banking
8 4 (23.53%) Multithreading
9 3 (17.65%) Analytical Skills
9 3 (17.65%) Git (software)
9 3 (17.65%) Team Foundation Server

Banking
Top Related IT Skills in Cambridge by Category

For the 6 months to 28 August 2015, IT contractor jobs across the Cambridge region citing Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking. Up to 20 skills are shown per category.

Application Platforms
1 2 (11.76%) SharePoint
1 2 (11.76%) BizTalk Server
2 1 (5.88%) Node.js
Applications
1 1 (5.88%) MS Project
Cloud Services
1 7 (41.18%) Microsoft Azure
Communications & Networking
1 1 (5.88%) GSM
1 1 (5.88%) SMPP
Database & Business Intelligence
1 2 (11.76%) Data Warehouse
2 1 (5.88%) RDBMS
2 1 (5.88%) Relational Database
Development Applications
1 3 (17.65%) Git (software)
1 3 (17.65%) Team Foundation Server
2 2 (11.76%) JIRA
2 2 (11.76%) SoapUI
3 1 (5.88%) SpecFlow
3 1 (5.88%) Visual Studio
3 1 (5.88%) Selenium
3 1 (5.88%) TestComplete
3 1 (5.88%) ANTLR
General
1 12 (70.59%) Finance
2 8 (47.06%) Telecoms
3 2 (11.76%) Retail
3 2 (11.76%) Investment Banking
3 2 (11.76%) Back Office
4 1 (5.88%) Pharmaceutical
Job Titles
1 11 (64.71%) Developer
2 4 (23.53%) Architect
3 3 (17.65%) Senior Developer
3 3 (17.65%) Senior Architect
4 2 (11.76%) Solutions Architect
4 2 (11.76%) Senior Solutions Architect
4 2 (11.76%) Business Analyst
4 2 (11.76%) Analyst
5 1 (5.88%) Web Developer
5 1 (5.88%) IT Graduate
5 1 (5.88%) Trainee
5 1 (5.88%) UI Developer
5 1 (5.88%) Applications Developer
5 1 (5.88%) UI Programmer
5 1 (5.88%) AWS Developer
5 1 (5.88%) Graduate
Libraries, Frameworks & Software Standards
1 10 (58.82%) WCF
2 9 (52.94%) WPF
2 9 (52.94%) .NET
3 8 (47.06%) ADO.NET
3 8 (47.06%) ASP.NET Web API
4 7 (41.18%) .NET Framework
4 7 (41.18%) LINQ
5 6 (35.29%) WF
6 5 (29.41%) XML
7 4 (23.53%) MSMQ
7 4 (23.53%) ASP.NET
8 2 (11.76%) Middleware
8 2 (11.76%) SAP PI
8 2 (11.76%) Entity Framework
8 2 (11.76%) LINQ to SQL
9 1 (5.88%) AppFabric
Miscellaneous
1 4 (23.53%) Mobile Banking
2 3 (17.65%) Analytical Skills
2 3 (17.65%) Foreign Exchange (FX)
3 2 (11.76%) SCADA
3 2 (11.76%) Data Centre
3 2 (11.76%) Social Media
3 2 (11.76%) Digital Media
3 2 (11.76%) Enterprise Software
4 1 (5.88%) Mathematics
4 1 (5.88%) Fixed Income
Operating Systems
1 7 (41.18%) Windows
Processes & Methodologies
1 10 (58.82%) Unit Testing
1 10 (58.82%) Time Management
2 8 (47.06%) Technical Architecture
2 8 (47.06%) Scrum
2 8 (47.06%) MVC
3 7 (41.18%) Agile Software Development
4 5 (29.41%) Stakeholder Management
4 5 (29.41%) UML
5 4 (23.53%) Multithreading
6 3 (17.65%) Project Management
7 2 (11.76%) Workflow
7 2 (11.76%) Migration
7 2 (11.76%) CRM
7 2 (11.76%) E-Commerce
7 2 (11.76%) SOA
7 2 (11.76%) Business Intelligence
7 2 (11.76%) Content Management
7 2 (11.76%) Document Management
7 2 (11.76%) Business Analysis
7 2 (11.76%) Enterprise Architecture
Programming Languages
1 8 (47.06%) C#
2 4 (23.53%) SQL
3 3 (17.65%) Java
3 3 (17.65%) JavaScript
4 1 (5.88%) C++
4 1 (5.88%) Python
4 1 (5.88%) PowerShell
Qualifications
1 1 (5.88%) PRINCE2 Certification
1 1 (5.88%) Degree
Quality Assurance & Compliance
1 2 (11.76%) Solvency II
2 1 (5.88%) ISO 8583
2 1 (5.88%) QA
Vendors
1 2 (11.76%) Adobe
1 2 (11.76%) FatWire
1 2 (11.76%) Pega
1 2 (11.76%) Sitecore
1 2 (11.76%) hybris
1 2 (11.76%) Guidewire
1 2 (11.76%) MuleSoft
1 2 (11.76%) Oracle
1 2 (11.76%) SAP
2 1 (5.88%) Microsoft
Cambridge, Cambridgeshire
Cambridge Assessment
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