The table below looks at the prevalence of the term Online 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 Online Banking over the 3 months to 17 April 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
17 Apr 2015
Same period 2014 Same period 2013
Online Banking (Internet Banking)
Rank 182 198 183
Rank change year-on-year
+16 -15
Contract jobs citing Online Banking 8 13 23
As % of all contract IT jobs located in the City of London 0.15% 0.20% 0.36%
As % of the Miscellaneous category 0.40% 0.52% 0.99%
Number of daily rates quoted 8 12 21
Average daily rate
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£563 £413 £460
Average daily rate % change year-on-year
+36.36% -10.32%
90% offered a daily rate of more than £385 £328 £325
10% offered a daily rate of more than £650 £525 £600
UK excluding London average daily rate £350 £500 £423
% change year-on-year
-30.00% +18.34%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Online Banking
London

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1993 2500 2330
As % of all contract IT jobs located in the City of London 36.65% 38.59% 36.93%
Number of daily rates quoted 1506 1858 1736
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 32 36 52
Average hourly rate £18.70 £22.50 £22.00
Average hourly rate % change year-on-year
-16.88% +2.27%
90% offered a hourly rate of more than £13.70 £13.17 £15.75
10% offered a hourly rate of more than £60.50 £41.00 £135.00
UK excluding London average hourly rate £19.00 £20.50 £23.50
% change year-on-year
-7.31% -12.76%

Online Banking
Jobs Demand Trend in the City of London

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

Online Banking Jobs Demand Trend in the City of London

Online 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 Online Banking across the City of London region.

Online Banking Daily Rate Trend in the City of London

Online Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Online Banking across the City of London region over the 3 months to 17 April 2015.

Online Banking Daily Rate Histogram in the City of London

Online 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 Online Banking across the City of London region.

Online Banking Hourly Rate Trend in the City of London

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

For the 6 months to 17 April 2015, IT contractor jobs across the City of London region citing Online 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 Online Banking.

1 20 (100.00%) Banking
2 11 (55.00%) Finance
3 9 (45.00%) Internet
4 7 (35.00%) User Experience
5 5 (25.00%) Mobile App
5 5 (25.00%) E-Commerce
5 5 (25.00%) HTML
6 4 (20.00%) JavaScript
6 4 (20.00%) CSS
6 4 (20.00%) Project Management
6 4 (20.00%) Mobile Banking
7 3 (15.00%) Telecoms
7 3 (15.00%) Agile Software Development
7 3 (15.00%) Retail
8 2 (10.00%) Copywriting
8 2 (10.00%) Content Management
8 2 (10.00%) Business Analysis
8 2 (10.00%) Legal
8 2 (10.00%) Migration
8 2 (10.00%) Stakeholder Management
8 2 (10.00%) Scrum
8 2 (10.00%) People Management
8 2 (10.00%) Retail Banking
9 1 (5.00%) Private Banking
9 1 (5.00%) Web Development
9 1 (5.00%) Photography
9 1 (5.00%) Relational Database
9 1 (5.00%) Line Management
9 1 (5.00%) Software Delivery
9 1 (5.00%) Cash Management

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

For the 6 months to 17 April 2015, IT contractor jobs across the City of London region citing Online 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 Online Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (5.00%) CMS
Communications & Networking
1 9 (45.00%) Internet
2 1 (5.00%) HTTP
Database & Business Intelligence
1 1 (5.00%) SQL Server
1 1 (5.00%) QlikView
1 1 (5.00%) MongoDB
1 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) Subversion
1 1 (5.00%) Git (software)
General
1 20 (100.00%) Banking
2 11 (55.00%) Finance
3 3 (15.00%) Telecoms
3 3 (15.00%) Retail
4 2 (10.00%) Retail Banking
4 2 (10.00%) Legal
5 1 (5.00%) Law
5 1 (5.00%) Private Banking
5 1 (5.00%) Billing
Job Titles
1 5 (25.00%) Programme Manager
2 3 (15.00%) UX Designer
2 3 (15.00%) Designer
3 2 (10.00%) Project Manager
3 2 (10.00%) Analyst
4 1 (5.00%) Consultant
4 1 (5.00%) Infrastructure Project Manager
4 1 (5.00%) Senior Analyst
4 1 (5.00%) Java Developer
4 1 (5.00%) Technical Analyst
4 1 (5.00%) IT Project Manager
4 1 (5.00%) Infrastructure Manager
4 1 (5.00%) Senior Technical Analyst
4 1 (5.00%) Implementation Analyst
4 1 (5.00%) Copywriter
4 1 (5.00%) Head of Development
4 1 (5.00%) User Experience Manager
4 1 (5.00%) Developer
Libraries, Frameworks & Software Standards
1 5 (25.00%) HTML
2 4 (20.00%) CSS
3 1 (5.00%) JSP
3 1 (5.00%) Hibernate
3 1 (5.00%) REST
3 1 (5.00%) JAX-RS
Miscellaneous
1 7 (35.00%) User Experience
2 5 (25.00%) Mobile App
3 4 (20.00%) Mobile Banking
4 2 (10.00%) Copywriting
5 1 (5.00%) Online Gambling
5 1 (5.00%) Open Source
5 1 (5.00%) Photography
Operating Systems
1 1 (5.00%) UNIX
1 1 (5.00%) Linux
1 1 (5.00%) Mac OS X
Processes & Methodologies
1 5 (25.00%) E-Commerce
2 4 (20.00%) Project Management
3 3 (15.00%) Agile Software Development
4 2 (10.00%) Content Management
4 2 (10.00%) People Management
4 2 (10.00%) Migration
4 2 (10.00%) Stakeholder Management
4 2 (10.00%) Scrum
4 2 (10.00%) Business Analysis
5 1 (5.00%) Requirements Analysis
5 1 (5.00%) Web Development
5 1 (5.00%) User Acceptance Testing
5 1 (5.00%) Investment Management
5 1 (5.00%) Cash Management
5 1 (5.00%) Performance Improvement
5 1 (5.00%) Responsive Web Design
5 1 (5.00%) Agile Project Management
5 1 (5.00%) Line Management
5 1 (5.00%) Web Design
5 1 (5.00%) Change Management
Programming Languages
1 4 (20.00%) JavaScript
2 1 (5.00%) Python
2 1 (5.00%) Ruby
2 1 (5.00%) Scala
2 1 (5.00%) Java
Quality Assurance & Compliance
1 1 (5.00%) Sarbanes-Oxley
City of London
Interquest - IQ Telecom
Rate: £450 - £500 per day
Posted: 3 days ago