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 30 September 2014 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
30 Sep 2014
Same period 2013 Same period 2012
Private Banking
Rank 193 207 199
Rank change year-on-year
+14 -8
Contract jobs citing Private Banking 4 19 26
As % of all contract IT jobs located in the City of London 0.068% 0.26% 0.34%
As % of the General category 0.13% 0.45% 0.56%
Number of daily rates quoted 1 11 14
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£208 £475 £443
Average daily rate % change year-on-year
-56.31% +7.34%
UK excluding London average daily rate £350 £350 £500
% change year-on-year
- -30.00%
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
3039 4214 4684
As % of all contract IT jobs located in the City of London 51.45% 58.09% 60.67%
Number of daily rates quoted 2268 3106 3466
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £315 £300
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £396 £380 £375
% change year-on-year
+4.21% +1.33%
Number of hourly rates quoted 26 73 69
Average hourly rate £18.50 £20.93 £20.00
Average hourly rate % change year-on-year
-11.58% +4.62%
90% offered a hourly rate of more than £11.00 £12.50 £17.00
10% offered a hourly rate of more than £31.22 £54.50 £53.04
UK excluding London average hourly rate £27.35 £20.00 £28.25
% change year-on-year
+36.75% -29.20%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 30 September 2014, 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 20 (100.00%) Banking
2 14 (70.00%) Finance
3 11 (55.00%) Investment Banking
3 11 (55.00%) Wealth Management
4 7 (35.00%) SQL
5 5 (25.00%) Retail
6 4 (20.00%) Retail Banking
6 4 (20.00%) MS Excel
6 4 (20.00%) Data Analysis
7 3 (15.00%) MS Visio
7 3 (15.00%) ETL
7 3 (15.00%) Microsoft
7 3 (15.00%) SQL Server
7 3 (15.00%) BPR
7 3 (15.00%) Middleware
7 3 (15.00%) Asset Management
7 3 (15.00%) EMIR
8 2 (10.00%) Data Quality
8 2 (10.00%) Investment Management
8 2 (10.00%) Business Analysis
8 2 (10.00%) LDAP
8 2 (10.00%) Six Sigma
8 2 (10.00%) Project Management
8 2 (10.00%) Front Office
8 2 (10.00%) Back Office
8 2 (10.00%) Sybase
8 2 (10.00%) VBA
8 2 (10.00%) Oracle
8 2 (10.00%) ITIL
8 2 (10.00%) Degree

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

For the 6 months to 30 September 2014, 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 (5.00%) IBM Notes
1 1 (5.00%) Tomcat
1 1 (5.00%) TPMS
Applications
1 4 (20.00%) MS Excel
2 3 (15.00%) MS Visio
3 1 (5.00%) MS PowerPoint
3 1 (5.00%) MS Office
Communications & Networking
1 2 (10.00%) LDAP
Database & Business Intelligence
1 3 (15.00%) SQL Server
2 1 (5.00%) MS Access
2 1 (5.00%) DTS
2 1 (5.00%) Data Mining
2 1 (5.00%) SQL Server Integration Services
2 1 (5.00%) Big Data
General
1 20 (100.00%) Banking
2 14 (70.00%) Finance
3 11 (55.00%) Investment Banking
4 5 (25.00%) Retail
5 4 (20.00%) Retail Banking
6 2 (10.00%) Front Office
6 2 (10.00%) Back Office
7 1 (5.00%) Financial Institution
7 1 (5.00%) International Banking
7 1 (5.00%) Marketing
7 1 (5.00%) Billing
Job Titles
1 13 (65.00%) Analyst
2 10 (50.00%) Business Analyst
3 4 (20.00%) Banking Business Analyst
4 3 (15.00%) Data Analyst
5 2 (10.00%) Programme Manager
5 2 (10.00%) Project Manager
6 1 (5.00%) Developer
6 1 (5.00%) Marketing Analyst
6 1 (5.00%) Business Data Analyst
6 1 (5.00%) Middleware Specialist
6 1 (5.00%) Applications Support Technician
6 1 (5.00%) AIFMD Business Analyst
6 1 (5.00%) Report Manager
6 1 (5.00%) Technical Analyst
6 1 (5.00%) SQL Developer
6 1 (5.00%) SQL DBA
6 1 (5.00%) Business Project Manager
6 1 (5.00%) Technical Business Analyst
6 1 (5.00%) Business Manager
6 1 (5.00%) DBA
Libraries, Frameworks & Software Standards
1 3 (15.00%) Middleware
Operating Systems
1 1 (5.00%) Windows
1 1 (5.00%) Windows Server 2008
1 1 (5.00%) Windows 7
Processes & Methodologies
1 11 (55.00%) Wealth Management
2 4 (20.00%) Data Analysis
3 3 (15.00%) ETL
3 3 (15.00%) BPR
3 3 (15.00%) Asset Management
4 2 (10.00%) Lean Six Sigma
4 2 (10.00%) Investment Management
4 2 (10.00%) Project Management
4 2 (10.00%) ITIL
4 2 (10.00%) Six Sigma
4 2 (10.00%) Business Analysis
5 1 (5.00%) Statistical Analysis
5 1 (5.00%) Quantitative Analysis
5 1 (5.00%) Matrix Management
5 1 (5.00%) Use Case
5 1 (5.00%) User Acceptance Testing
5 1 (5.00%) PRINCE2
5 1 (5.00%) CRM
5 1 (5.00%) E-Commerce
5 1 (5.00%) Data Modelling
Programming Languages
1 7 (35.00%) SQL
2 2 (10.00%) VBA
Qualifications
1 2 (10.00%) Degree
Quality Assurance & Compliance
1 3 (15.00%) EMIR
2 2 (10.00%) Data Quality
3 1 (5.00%) Dodd-Frank
3 1 (5.00%) AIFMD
Vendors
1 3 (15.00%) Microsoft
2 2 (10.00%) Oracle
2 2 (10.00%) Sybase
3 1 (5.00%) Lotus
3 1 (5.00%) Reuters
3 1 (5.00%) Bloomberg