The first 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 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

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
24 May 2013
Same period 2012 Same period 2011
Online Banking (Internet Banking)
Rank 182 171 234
Rank change year-on-year
-11 +63
Contract jobs citing Online Banking 21 47 11
As % of all contract IT jobs located in the City of London 0.329% 0.598% 0.112%
As % of the Miscellaneous category 1.041% 1.826% 0.279%
Number of daily rates quoted 16 36 9
Average daily rate £524 £346 £275
Average daily rate % change year-on-year
+51.26% +25.90%
90% offered a daily rate of more than £308 £329 £170
10% offered a daily rate of more than £613 £475 £435
UK excluding London average daily rate £450 £390 £413
% change year-on-year
+15.38% -5.45%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2018 2574 3936
As % of all contract IT jobs located in the City of London 31.64% 32.73% 40.18%
Number of daily rates quoted 1496 1987 3043
Average daily rate £500 £500 £550
Average daily rate % change year-on-year
- -9.09%
90% offered a daily rate of more than £313 £298 £350
10% offered a daily rate of more than £625 £650 £675
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 47 67 54
Average hourly rate £24.00 £21.50 £21.00
Average hourly rate % change year-on-year
+11.62% +2.38%
90% offered a hourly rate of more than £15.50 £13.38 £14.50
10% offered a hourly rate of more than £135.00 £45.00 £44.03
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Online Banking
London

Online Banking
Jobs Demand Trend

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.

City of London Online Banking Jobs Demand Trend

Online Banking
Daily Rate Trend

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.

City of London Online Banking Daily Rate Trend

Online Banking
Daily Rate Histogram

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 24 May 2013.

City of London Online Banking Daily Rate Histogram

Online Banking
Hourly Rate Trend

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.

City of London Online Banking Hourly Rate Trend

Online Banking
Top 30 Related IT Skills

For the 6 months to 24 May 2013, 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 47 (100.00%) Banking
2 28 (59.57%) Internet
3 24 (51.06%) Finance
4 16 (34.04%) Retail
5 14 (29.79%) WebSphere
6 13 (27.66%) Stakeholder Management
7 11 (23.40%) Retail Banking
8 8 (17.02%) Misys Equation
8 8 (17.02%) iSeries
8 8 (17.02%) Private Banking
8 8 (17.02%) AS400
8 8 (17.02%) RPG
8 8 (17.02%) Misys
9 7 (14.89%) IBM
9 7 (14.89%) MSMQ
9 7 (14.89%) E-Commerce
9 7 (14.89%) WebSphere Application Server
9 7 (14.89%) IIS
9 7 (14.89%) WebSphere MQ
9 7 (14.89%) DataPower
9 7 (14.89%) Adobe CQ
9 7 (14.89%) Mobile Banking
9 7 (14.89%) Misys Midas
9 7 (14.89%) WebSphere Process Server
10 6 (12.77%) ESB
10 6 (12.77%) Oracle
10 6 (12.77%) TeamSite
11 5 (10.64%) DB2
11 5 (10.64%) Java
12 4 (8.511%) JavaScript

Online Banking
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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 Development
1 14 (29.79%) WebSphere
2 4 (8.511%) CSS
2 4 (8.511%) BAPI
3 3 (6.383%) HTML
4 2 (4.255%) XML
5 1 (2.128%) HTML5
5 1 (2.128%) CSS3
5 1 (2.128%) Middleware
Application Platforms
1 7 (14.89%) MSMQ
1 7 (14.89%) WebSphere Application Server
1 7 (14.89%) IIS
1 7 (14.89%) WebSphere MQ
1 7 (14.89%) Adobe CQ
1 7 (14.89%) WebSphere Process Server
2 6 (12.77%) ESB
2 6 (12.77%) TeamSite
3 1 (2.128%) Exchange Server 2007
3 1 (2.128%) MS Exchange
Applications
1 1 (2.128%) Adobe Illustrator
1 1 (2.128%) MS PowerPoint
1 1 (2.128%) MS Office
1 1 (2.128%) Photoshop
1 1 (2.128%) MS Excel
1 1 (2.128%) MS Visio
Business Applications
1 8 (17.02%) Misys Equation
2 7 (14.89%) Misys Midas
3 1 (2.128%) FLEXCUBE
Communications & Networking
1 28 (59.57%) Internet
2 1 (2.128%) SAN
Database & Business Intelligence
1 5 (10.64%) DB2
2 1 (2.128%) SQL Server 2005
2 1 (2.128%) SQL Server 2000
2 1 (2.128%) SQL Server
2 1 (2.128%) Oracle 8/8i
2 1 (2.128%) Oracle 10g
Development Applications
1 2 (4.255%) OpenDeploy
General
1 47 (100.00%) Banking
2 24 (51.06%) Finance
3 16 (34.04%) Retail
4 11 (23.40%) Retail Banking
5 8 (17.02%) Private Banking
6 4 (8.511%) Corporate Banking
7 2 (4.255%) Advertising
7 2 (4.255%) Publishing
8 1 (2.128%) Investment Banking
8 1 (2.128%) Billing
8 1 (2.128%) Legal
8 1 (2.128%) Telecoms
Job Titles
1 12 (25.53%) Project Manager
2 8 (17.02%) Solutions Architect
2 8 (17.02%) Developer
2 8 (17.02%) Architect
3 7 (14.89%) Programmer
3 7 (14.89%) Analyst
4 4 (8.511%) Business Analyst
4 4 (8.511%) Digital Project Manager
4 4 (8.511%) Banking Business Analyst
5 2 (4.255%) Senior Manager
5 2 (4.255%) Technical Leader
5 2 (4.255%) Senior Project Manager
6 1 (2.128%) Banking Analyst
6 1 (2.128%) Functional Analyst
6 1 (2.128%) Business Manager
6 1 (2.128%) Applications Support Analyst
6 1 (2.128%) Technical Writer
6 1 (2.128%) Business Project Manager
6 1 (2.128%) Database Manager
6 1 (2.128%) Content Editor
Miscellaneous
1 8 (17.02%) iSeries
1 8 (17.02%) AS400
2 7 (14.89%) DataPower
2 7 (14.89%) Mobile Banking
3 1 (2.128%) Data Protection Act
3 1 (2.128%) Blackberry
Operating Systems
1 1 (2.128%) Windows Server 2008
1 1 (2.128%) Windows
Processes & Methodologies
1 13 (27.66%) Stakeholder Management
2 7 (14.89%) E-Commerce
3 4 (8.511%) Web Development
4 3 (6.383%) Enterprise Architecture
4 3 (6.383%) Project Management
5 2 (4.255%) OO
5 2 (4.255%) Workflow
5 2 (4.255%) Scrum
5 2 (4.255%) Resource Management
5 2 (4.255%) User Acceptance Testing
5 2 (4.255%) Business Analysis
5 2 (4.255%) Project Planning
5 2 (4.255%) Business Continuity
5 2 (4.255%) Content Management
6 1 (2.128%) Logistics
6 1 (2.128%) Agile Software Development
6 1 (2.128%) TDD
6 1 (2.128%) Programme Management
6 1 (2.128%) Data Protection
6 1 (2.128%) Data Cleansing
Programming Languages
1 8 (17.02%) RPG
2 5 (10.64%) Java
3 4 (8.511%) JavaScript
4 3 (6.383%) C
5 2 (4.255%) Perl
6 1 (2.128%) Objective-C
Qualifications
1 1 (2.128%) Degree
Quality Assurance & Compliance
1 2 (4.255%) QA
2 1 (2.128%) PCI DSS
Systems Management
1 4 (8.511%) Tivoli
1 4 (8.511%) Tivoli Monitoring
Vendors
1 8 (17.02%) Misys
2 7 (14.89%) IBM
3 6 (12.77%) Oracle
4 3 (6.383%) LogLogic
4 3 (6.383%) HP
5 1 (2.128%) Google
5 1 (2.128%) VMware
5 1 (2.128%) Websense
5 1 (2.128%) Business Objects
5 1 (2.128%) Adobe
5 1 (2.128%) SunGard
City of London
Strong stakeholder management - Experience with High Frequency, High Volume, High Throughput, Low-Latency - Good Java skills Nice to have: - Web-based application design - Websphere Application Server, Websphere Process...
Huxley Associates
Rate: £675 per day
Posted: 24 May 2013
City of London
Procurement, Sourcing, Stakeholder management, Retail Banking, Online Banking, Digital Banking, Mobile, Apps, Internet. My client, a leading retail bank requires a senior level Sourcing/Procurement manager to complete...
Huxley Associates
Rate: £500 - £550 per day
Posted: 15 May 2013
City, London
A new Solutions Architecture requirement has just arisen with a key Financial Services Client based in London. Working as part of the wider group IT function, experienced candidates...
Head Resourcing
Rate: £600 - £650 per day
Posted: 20 May 2013
City of London
Experience with some of the following technologies; DataPower, WebSphere application server, WebSphere process server, WebSphere Enterprise Service Bus, Internet Banking Foundation Servers and BAPIs, Oracle, DB2, WebSphere content...
Rate: £550 - £650 per annum
Posted: 18 May 2013
City, London
Stakeholder management - ability to manage conflicting requirements and views; facilitate agreement across a diverse range of stakeholders, e.g... use cases, user stories etc... Ensure that appropriate UAT...
Experis IT
Posted: 21 May 2013
City, London
A Leading Bank in London now requires an experienced Digital Project Manager to deliver large scale online banking projects across multiple work streams. The Digital Project Manager will...
JM
Rate: £500 - £600 per day
Posted: 17 May 2013