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 contractor rates offered in IT contracts that have cited Online Banking over the 3 months to 3 May 2016 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
3 May 2016
Same period 2015 Same period 2014
Online Banking (Internet Banking)
Rank 162 189 201
Rank change year-on-year
+27 +12
Contract jobs citing Online Banking 3 9 11
As % of all contract IT jobs located in the City of London 0.086% 0.16% 0.17%
As % of the Miscellaneous category 0.23% 0.44% 0.45%
Number of daily rates quoted 2 9 8
Median daily rate £781 £475 £388
Median daily rate % change year-on-year
+64.47% +22.58%
90% offered a daily rate of more than £486 £359 £343
10% offered a daily rate of more than £1,076 £650 £533
UK excluding London median daily rate £400 £350 £500
% change year-on-year
+14.28% -30.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1291 2043 2434
As % of all contract IT jobs located in the City of London 37.00% 37.23% 38.43%
Number of daily rates quoted 1050 1562 1818
Median daily rate £475 £475 £475
90% offered a daily rate of more than £325 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 22 31 38
Median hourly rate £19.00 £20.00 £22.50
Median hourly rate % change year-on-year
-5.00% -11.11%
90% offered a hourly rate of more than £12.00 £14.56 £12.40
10% offered a hourly rate of more than £50.00 £69.40 £45.49
UK excluding London median hourly rate £22.00 £19.00 £20.38
% change year-on-year
+15.78% -6.74%

Online Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Online Banking as a proportion of all IT contracts with a match in 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 3 May 2016.

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 3 May 2016, IT contractor jobs citing Online 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 Online Banking.

1 12 (100.00%) Banking
2 8 (66.67%) Finance
3 6 (50.00%) Project Management
4 5 (41.67%) SWIFT
4 5 (41.67%) SEPA
5 4 (33.33%) Retail
6 3 (25.00%) Java
6 3 (25.00%) High Availability
7 2 (16.67%) REST
7 2 (16.67%) Release Management
7 2 (16.67%) Content Management
7 2 (16.67%) Web Development
7 2 (16.67%) Software Delivery
7 2 (16.67%) API Design
7 2 (16.67%) JavaScript
7 2 (16.67%) HTML
7 2 (16.67%) JSP
7 2 (16.67%) SOAP
7 2 (16.67%) Web Services
7 2 (16.67%) JMS
8 1 (8.33%) Agile Software Development
8 1 (8.33%) Asset Management
8 1 (8.33%) TCP/IP
8 1 (8.33%) Foreign Exchange (FX)
8 1 (8.33%) BizTalk Server
8 1 (8.33%) Internet
8 1 (8.33%) Middleware
8 1 (8.33%) Biometrics
8 1 (8.33%) Financial Institution
8 1 (8.33%) Front Office

Online 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 1 (8.33%) BizTalk Server
Communications & Networking
1 1 (8.33%) Internet
1 1 (8.33%) TCP/IP
Development Applications
1 1 (8.33%) Emacs
General
1 12 (100.00%) Banking
2 8 (66.67%) Finance
3 4 (33.33%) Retail
4 1 (8.33%) Financial Institution
4 1 (8.33%) Front Office
4 1 (8.33%) Retail Banking
Job Titles
1 5 (41.67%) Business Analyst
1 5 (41.67%) Payments Business Analyst
2 4 (33.33%) Analyst
2 4 (33.33%) Business IT Analyst
2 4 (33.33%) IT Analyst
2 4 (33.33%) IT Business Analyst
3 2 (16.67%) Consultant
3 2 (16.67%) Development Manager
3 2 (16.67%) Digital Development Manager
3 2 (16.67%) Release Manager
3 2 (16.67%) Software Development Manager
4 1 (8.33%) Business Change Manager
4 1 (8.33%) Business Manager
4 1 (8.33%) C++ Developer
4 1 (8.33%) Change Manager
4 1 (8.33%) Integration Consultant
4 1 (8.33%) Product Manager
4 1 (8.33%) Senior Manager
4 1 (8.33%) Technical Business Analyst
4 1 (8.33%) Technical Consultant
Libraries, Frameworks & Software Standards
1 2 (16.67%) HTML
1 2 (16.67%) JMS
1 2 (16.67%) JSP
1 2 (16.67%) REST
1 2 (16.67%) SOAP
1 2 (16.67%) Web Services
2 1 (8.33%) FIX Protocol
2 1 (8.33%) Middleware
2 1 (8.33%) XML
Miscellaneous
1 5 (41.67%) SWIFT
2 1 (8.33%) Algorithms
2 1 (8.33%) Analytical Skills
2 1 (8.33%) Artificial Intelligence
2 1 (8.33%) Biometrics
2 1 (8.33%) Computer Science
2 1 (8.33%) Foreign Exchange (FX)
2 1 (8.33%) Mathematics
2 1 (8.33%) Mobile Banking
2 1 (8.33%) Physics
2 1 (8.33%) User Experience
2 1 (8.33%) Visualisation
Operating Systems
1 1 (8.33%) Linux
1 1 (8.33%) Unix
Processes & Methodologies
1 6 (50.00%) Project Management
2 3 (25.00%) High Availability
3 2 (16.67%) API Design
3 2 (16.67%) Content Management
3 2 (16.67%) Release Management
3 2 (16.67%) Software Delivery
3 2 (16.67%) Web Development
4 1 (8.33%) Agile Software Development
4 1 (8.33%) Asset Management
4 1 (8.33%) Electronic Trading
4 1 (8.33%) Low Latency
4 1 (8.33%) Market Making
4 1 (8.33%) Multithreading
4 1 (8.33%) OO
4 1 (8.33%) Product Management
4 1 (8.33%) Project Governance
4 1 (8.33%) Risk Management
Programming Languages
1 3 (25.00%) Java
2 2 (16.67%) JavaScript
3 1 (8.33%) C++
3 1 (8.33%) SQL
Qualifications
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 5 (41.67%) SEPA