The table below looks at the prevalence of the term Private 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 Private Banking over the 3 months to 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Private Banking
Rank 179 186 186
Rank change year-on-year
+7 0
Contract jobs citing Private Banking 6 9 16
As % of all contract IT jobs located in the City of London 0.12% 0.15% 0.28%
As % of the General category 0.23% 0.28% 0.48%
Number of daily rates quoted 4 6 14
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£488 £588 £425
Average daily rate % change year-on-year
-17.02% +38.23%
UK excluding London average daily rate £425 £358 £295
% change year-on-year
+18.88% +21.18%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Private 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
2623 3196 3337
As % of all contract IT jobs located in the City of London 51.22% 54.46% 57.57%
Number of daily rates quoted 2033 2332 2605
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 15 50 38
Average hourly rate £17.87 £22.38 £23.75
Average hourly rate % change year-on-year
-20.15% -5.78%
90% offered a hourly rate of more than £12.95 £14.00 £11.95
10% offered a hourly rate of more than £24.61 £42.50 £51.75
UK excluding London average hourly rate £25.00 £23.86 £25.25
% change year-on-year
+4.79% -5.52%

Private Banking
Jobs Demand Trend in the City of London

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

Private Banking Jobs Demand Trend in the City of London

Private 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 Private Banking across the City of London region.

Private Banking Daily Rate Trend in the City of London

Private Banking
Daily Rate Histogram in the City of London

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

Private Banking Daily Rate Histogram in the City of London

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

For the 6 months to 3 March 2015, IT contractor jobs across the City of London region citing Private 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 Private Banking.

1 11 (100.00%) Banking
2 5 (45.45%) Retail
2 5 (45.45%) Business Analysis
3 4 (36.36%) Finance
4 3 (27.27%) Project Management
4 3 (27.27%) Data Analysis
4 3 (27.27%) Investment Banking
5 2 (18.18%) Retail Banking
5 2 (18.18%) Wealth Management
5 2 (18.18%) Use Case
5 2 (18.18%) iSeries
5 2 (18.18%) Regression Testing
5 2 (18.18%) Stakeholder Management
5 2 (18.18%) UML
5 2 (18.18%) Microsoft
6 1 (9.09%) SAN
6 1 (9.09%) Lotus
6 1 (9.09%) Middleware
6 1 (9.09%) Reuters
6 1 (9.09%) Bloomberg
6 1 (9.09%) Six Sigma
6 1 (9.09%) IBM Notes
6 1 (9.09%) Apache
6 1 (9.09%) MS Access
6 1 (9.09%) SQL
6 1 (9.09%) .NET
6 1 (9.09%) J2EE
6 1 (9.09%) Oracle
6 1 (9.09%) SQL Server
6 1 (9.09%) IIS

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

For the 6 months to 3 March 2015, IT contractor jobs across the City of London region citing Private 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 Private Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (9.09%) IIS
1 1 (9.09%) IBM Notes
1 1 (9.09%) Apache
Applications
1 1 (9.09%) MS Office
Communications & Networking
1 1 (9.09%) SAN
Database & Business Intelligence
1 1 (9.09%) SQL Server
1 1 (9.09%) MS Access
General
1 11 (100.00%) Banking
2 5 (45.45%) Retail
3 4 (36.36%) Finance
4 3 (27.27%) Investment Banking
5 2 (18.18%) Retail Banking
6 1 (9.09%) Marketing
6 1 (9.09%) Financial Institution
Job Titles
1 6 (54.55%) Analyst
2 5 (45.45%) Business Analyst
3 3 (27.27%) IT Business Analyst
4 2 (18.18%) Banking Business Analyst
5 1 (9.09%) Marketing Analyst
5 1 (9.09%) Investment Banking Business Analyst
5 1 (9.09%) Payments Business Analyst
5 1 (9.09%) Applications Support Technician
5 1 (9.09%) Consultant
5 1 (9.09%) Solutions Architect
5 1 (9.09%) Support Technician
5 1 (9.09%) Process Consultant
5 1 (9.09%) Applications Support
5 1 (9.09%) Enterprise Consultant
5 1 (9.09%) Architect
Libraries, Frameworks & Software Standards
1 1 (9.09%) .NET
1 1 (9.09%) J2EE
1 1 (9.09%) Middleware
Miscellaneous
1 2 (18.18%) iSeries
2 1 (9.09%) Analytical Skills
2 1 (9.09%) Clustering
2 1 (9.09%) Online Banking
2 1 (9.09%) Credit Risk
Operating Systems
1 1 (9.09%) UNIX
1 1 (9.09%) Windows
1 1 (9.09%) Solaris
1 1 (9.09%) Linux
1 1 (9.09%) Windows Server 2008
1 1 (9.09%) Windows 7
Processes & Methodologies
1 5 (45.45%) Business Analysis
2 3 (27.27%) Project Management
2 3 (27.27%) Data Analysis
3 2 (18.18%) Stakeholder Management
3 2 (18.18%) Regression Testing
3 2 (18.18%) UML
3 2 (18.18%) Wealth Management
3 2 (18.18%) Use Case
4 1 (9.09%) System Testing
4 1 (9.09%) Investment Management
4 1 (9.09%) Performance Management
4 1 (9.09%) Root Cause Analysis
4 1 (9.09%) Quantitative Analysis
4 1 (9.09%) Statistical Analysis
4 1 (9.09%) Lean Six Sigma
4 1 (9.09%) Six Sigma
4 1 (9.09%) Process Management
4 1 (9.09%) Disaster Recovery
4 1 (9.09%) Workflow
Programming Languages
1 1 (9.09%) SQL
Qualifications
1 1 (9.09%) Six Sigma Green Belt
Quality Assurance & Compliance
1 1 (9.09%) FATCA
System Software
1 1 (9.09%) VMware Infrastructure
1 1 (9.09%) Veritas Cluster Server
Vendors
1 2 (18.18%) Microsoft
2 1 (9.09%) Lotus
2 1 (9.09%) Reuters
2 1 (9.09%) Bloomberg
2 1 (9.09%) VMware
2 1 (9.09%) Oracle