The table below looks at the prevalence of the term International Banking in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited International Banking over the 3 months to 24 February 2017 with a comparison to the same period over 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.

3 months to
24 Feb 2017
Same period 2016 Same period 2015
International Banking
London / City of London
Rank 148 152 190
Rank change year-on-year
+4 +38
Contract jobs citing International Banking 9 1 2
As % of all contract IT jobs located in the City of London 0.30% 0.031% 0.039%
As % of the General category 0.60% 0.056% 0.075%
Number of daily rates quoted 9 1 2
Median daily rate £400 £550 £433
Median daily rate % change year-on-year
-27.27% +27.16%
90% offered a daily rate of more than £325 £550 £379
10% offered a daily rate of more than £508 £550 £487
UK excluding London median daily rate £425 £105 -
% change year-on-year
+304.76% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £10.44 £10.44

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

General Category
City of London
Contract IT job ads with a match in the
General category
1509 1790 2662
As % of all contract IT jobs located in the City of London 50.93% 55.99% 51.33%
Number of daily rates quoted 1193 1425 2067
Median daily rate £525 £525 £475
Median daily rate % change year-on-year
- +10.52%
90% offered a daily rate of more than £326 £313 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 12 11 15
Median hourly rate £19.60 £32.00 £17.87
Median hourly rate % change year-on-year
-38.76% +79.12%
90% offered a hourly rate of more than £12.50 £10.00 £13.25
10% offered a hourly rate of more than £80.00 £55.00 £24.23
UK excluding London median hourly rate £27.00 £31.50 £22.85
% change year-on-year
-14.28% +37.85%

International Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing International Banking as a proportion of all IT contracts with a match in the General category.

International Banking Jobs Demand Trend in the City of London

International Banking
Daily Rate Trend in the City of London

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

International Banking Daily Rate Trend in the City of London

International Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing International Banking across the City of London region over the 3 months to 24 February 2017.

International Banking Daily Rate Histogram in the City of London

International Banking
Hourly Rate Trend in the City of London

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

International Banking Hourly Rate Trend in the City of London

International Banking
Top 30 Related IT Skills in the City of London

For the 6 months to 24 February 2017, IT contractor jobs citing International Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for International Banking.

1 12 (100.00%) Finance
1 12 (100.00%) Banking
2 8 (66.67%) SEPA
3 7 (58.33%) WebSphere
3 7 (58.33%) Oracle Database
3 7 (58.33%) SQL
3 7 (58.33%) Oracle
3 7 (58.33%) IIS
3 7 (58.33%) Windows
3 7 (58.33%) Linux
3 7 (58.33%) Tomcat
4 3 (25.00%) IBM
4 3 (25.00%) Tivoli
4 3 (25.00%) Tivoli Monitoring
4 3 (25.00%) Tivoli Storage Manager
4 3 (25.00%) Netcool
4 3 (25.00%) Netcool/OMNIbus
4 3 (25.00%) Statistics
4 3 (25.00%) Infrastructure Monitoring
5 2 (16.67%) Regulatory Compliance
5 2 (16.67%) Dodd-Frank
5 2 (16.67%) MiFID
6 1 (8.33%) User Acceptance Testing
6 1 (8.33%) Retail Banking
6 1 (8.33%) C
6 1 (8.33%) Project Management
6 1 (8.33%) ISEB
6 1 (8.33%) Investment Banking
6 1 (8.33%) Business Analysis
6 1 (8.33%) Retail

International Banking
Top Related IT Skills in the City of London 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 7 (58.33%) IIS
1 7 (58.33%) Tomcat
1 7 (58.33%) WebSphere
Database & Business Intelligence
1 7 (58.33%) Oracle Database
General
1 12 (100.00%) Banking
1 12 (100.00%) Finance
2 1 (8.33%) Back Office
2 1 (8.33%) Front Office
2 1 (8.33%) Investment Banking
2 1 (8.33%) Retail
2 1 (8.33%) Retail Banking
Job Titles
1 8 (66.67%) Analyst
2 7 (58.33%) Applications Support
2 7 (58.33%) Applications Support Analyst
2 7 (58.33%) Banking Analyst
2 7 (58.33%) Payments Analyst
2 7 (58.33%) Support Analyst
3 1 (8.33%) Banking Project Manager
3 1 (8.33%) Business Analyst
3 1 (8.33%) Business IT Analyst
3 1 (8.33%) IT Analyst
3 1 (8.33%) IT Business Analyst
3 1 (8.33%) IT Manager
3 1 (8.33%) IT Project Manager
3 1 (8.33%) MiFID Business Analyst
3 1 (8.33%) Project Manager
Operating Systems
1 7 (58.33%) Linux
1 7 (58.33%) Windows
Processes & Methodologies
1 3 (25.00%) Infrastructure Monitoring
1 3 (25.00%) Statistics
2 2 (16.67%) Regulatory Compliance
3 1 (8.33%) Business Analysis
3 1 (8.33%) Project Management
3 1 (8.33%) User Acceptance Testing
Programming Languages
1 7 (58.33%) SQL
2 1 (8.33%) C
Qualifications
1 1 (8.33%) ISEB
Quality Assurance & Compliance
1 8 (66.67%) SEPA
2 2 (16.67%) Dodd-Frank
2 2 (16.67%) MiFID
Systems Management
1 3 (25.00%) Netcool
1 3 (25.00%) Netcool/OMNIbus
1 3 (25.00%) Tivoli
1 3 (25.00%) Tivoli Monitoring
1 3 (25.00%) Tivoli Storage Manager
Vendors
1 7 (58.33%) Oracle
2 3 (25.00%) IBM