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 average contractor rates offered in IT contracts that have cited International Banking over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
International Banking
Rank 150 187 198
Rank change year-on-year
+37 +11
Contract jobs citing International Banking 2 3 8
As % of all contract IT jobs located in the City of London 0.064% 0.060% 0.14%
As % of the General category 0.11% 0.11% 0.25%
Number of daily rates quoted 2 2 2
Average daily rate £575 £433 £488
Average daily rate % change year-on-year
+32.94% -11.28%
90% offered a daily rate of more than £555 £379 £458
10% offered a daily rate of more than £595 £487 £518
UK excluding London average daily rate £105 - £70
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £10.19 -
% change year-on-year
+2.45% -
International Banking
London

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
1755 2622 3233
As % of all contract IT jobs located in the City of London 55.95% 52.09% 55.32%
Number of daily rates quoted 1379 2046 2424
Average daily rate £525 £475 £500
Average daily rate % change year-on-year
+10.52% -5.00%
90% offered a daily rate of more than £313 £300 £315
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 14 16 48
Average hourly rate £31.75 £17.87 £20.00
Average hourly rate % change year-on-year
+77.72% -10.67%
90% offered a hourly rate of more than £18.99 £13.25 £12.20
10% offered a hourly rate of more than £55.00 £28.00 £42.50
UK excluding London average hourly rate £35.00 £26.00 £22.00
% change year-on-year
+34.61% +18.18%

International Banking
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing International Banking across the City of London region as a proportion of the total demand within 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
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 5 February 2016, IT contractor jobs across the City of London region citing International 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 International Banking.

1 7 (100.00%) Banking
2 5 (71.43%) Finance
3 4 (57.14%) Investment Banking
4 2 (28.57%) Business Analysis
4 2 (28.57%) Retail Banking
4 2 (28.57%) Degree
4 2 (28.57%) Red Hat Enterprise Linux
4 2 (28.57%) Cash Management
4 2 (28.57%) Oracle BPM
4 2 (28.57%) ServiceNow
4 2 (28.57%) User Experience
4 2 (28.57%) People Management
4 2 (28.57%) Agile Software Development
4 2 (28.57%) Retail
4 2 (28.57%) SQL
4 2 (28.57%) Oracle
4 2 (28.57%) Windows
4 2 (28.57%) DNS
4 2 (28.57%) Active Directory
4 2 (28.57%) Front Office
4 2 (28.57%) Back Office
4 2 (28.57%) SDLC
4 2 (28.57%) Performance Management
5 1 (14.29%) Data Architecture
5 1 (14.29%) KYC
5 1 (14.29%) Fintech
5 1 (14.29%) Risk Management
5 1 (14.29%) Financial Institution
5 1 (14.29%) Project Management
5 1 (14.29%) Data Management

International Banking
Top Related IT Skills in the City of London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing International 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 International Banking. Up to 20 skills are shown per category.

Business Applications
1 2 (28.57%) Oracle BPM
Communications & Networking
1 2 (28.57%) DNS
General
1 7 (100.00%) Banking
2 5 (71.43%) Finance
3 4 (57.14%) Investment Banking
4 2 (28.57%) Back Office
4 2 (28.57%) Front Office
4 2 (28.57%) Retail
4 2 (28.57%) Retail Banking
5 1 (14.29%) Financial Institution
Job Titles
1 2 (28.57%) Business Analyst
1 2 (28.57%) Head of IT
1 2 (28.57%) Head of IT Operations
1 2 (28.57%) Head of IT Services
1 2 (28.57%) Head of Operations
1 2 (28.57%) Head of Technical Operations
1 2 (28.57%) IT Director
2 1 (14.29%) Analyst
2 1 (14.29%) Compliance Manager
2 1 (14.29%) Compliance Project Manager
2 1 (14.29%) Data Analyst
2 1 (14.29%) Data Business Analyst
2 1 (14.29%) Project Manager
2 1 (14.29%) Risk Manager
2 1 (14.29%) Risk Project Manager
2 1 (14.29%) Technical Business Analyst
Miscellaneous
1 2 (28.57%) User Experience
2 1 (14.29%) Fintech
Operating Systems
1 2 (28.57%) Red Hat Enterprise Linux
1 2 (28.57%) Windows
Processes & Methodologies
1 2 (28.57%) Agile Software Development
1 2 (28.57%) Business Analysis
1 2 (28.57%) Cash Management
1 2 (28.57%) People Management
1 2 (28.57%) Performance Management
1 2 (28.57%) SDLC
2 1 (14.29%) Data Architecture
2 1 (14.29%) Data Management
2 1 (14.29%) KYC
2 1 (14.29%) Project Management
2 1 (14.29%) Risk Management
2 1 (14.29%) Software Delivery
2 1 (14.29%) Test Scripting
Programming Languages
1 2 (28.57%) SQL
Qualifications
1 2 (28.57%) Degree
Quality Assurance & Compliance
1 1 (14.29%) FATCA
System Software
1 2 (28.57%) Active Directory
Vendors
1 2 (28.57%) Oracle
1 2 (28.57%) ServiceNow