The first 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 20 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 General 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
20 May 2013
Same period 2012 Same period 2011
Private Banking
Rank 193 180 220
Rank change year-on-year
-13 +40
Contract jobs citing Private Banking 8 40 16
As % of all contract IT jobs located in the City of London 0.127% 0.512% 0.165%
As % of the General category 0.223% 0.845% 0.243%
Number of daily rates quoted 5 21 15
Average daily rate £500 £438 £600
Average daily rate % change year-on-year
+14.28% -27.08%
90% offered a daily rate of more than £395 £350 £288
10% offered a daily rate of more than £596 £500 £770
UK excluding London average daily rate £283 £390 £500
% change year-on-year
-27.56% -22.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the General Category
City of London
Contract IT job ads with a match in the
General category
3589 4732 6579
As % of all contract IT jobs located in the City of London 56.80% 60.60% 68.03%
Number of daily rates quoted 2743 3546 4963
Average daily rate £475 £475 £525
Average daily rate % change year-on-year
- -9.52%
90% offered a daily rate of more than £325 £313 £350
10% offered a daily rate of more than £625 £638 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 64 72 88
Average hourly rate £20.00 £20.00 £22.25
Average hourly rate % change year-on-year
- -10.11%
90% offered a hourly rate of more than £11.00 £13.80 £15.45
10% offered a hourly rate of more than £42.48 £42.10 £50.50
UK excluding London average hourly rate £26.00 £25.00 £26.50
% change year-on-year
+4.00% -5.66%
Private Banking
London

Private Banking
Jobs Demand Trend

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.

City of London Private Banking Jobs Demand Trend

Private Banking
Daily Rate Trend

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.

City of London Private Banking Daily Rate Trend

Private Banking
Daily Rate Histogram

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 20 May 2013.

City of London Private Banking Daily Rate Histogram

Private Banking
Top 30 Related IT Skills

For the 6 months to 20 May 2013, 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 30 (100.00%) Banking
2 12 (40.00%) Misys
2 12 (40.00%) Finance
2 12 (40.00%) Misys Equation
2 12 (40.00%) Wealth Management
3 10 (33.33%) Online Banking
3 10 (33.33%) Misys Midas
3 10 (33.33%) iSeries
3 10 (33.33%) AS400
3 10 (33.33%) RPG
4 8 (26.67%) IIS
4 8 (26.67%) MSMQ
4 8 (26.67%) WebSphere MQ
4 8 (26.67%) IBM
4 8 (26.67%) Adobe CQ
4 8 (26.67%) WebSphere
5 7 (23.33%) Investment Banking
6 5 (16.67%) SQL
6 5 (16.67%) SQL Server
7 4 (13.33%) C#
7 4 (13.33%) .NET
7 4 (13.33%) ASP.NET
7 4 (13.33%) Data Analysis
8 3 (10.00%) Spring
8 3 (10.00%) Retail Banking
8 3 (10.00%) jQuery
8 3 (10.00%) Investment Management
8 3 (10.00%) Groovy
8 3 (10.00%) Retail
8 3 (10.00%) Asset Management

Private Banking
Top Related IT Skills by Category

For the 6 months to 20 May 2013, 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 Development
1 8 (26.67%) WebSphere
2 4 (13.33%) .NET
2 4 (13.33%) ASP.NET
3 3 (10.00%) Spring
3 3 (10.00%) jQuery
4 1 (3.333%) Ajax
4 1 (3.333%) jBPM
4 1 (3.333%) JSON
4 1 (3.333%) Grails
4 1 (3.333%) JMS
4 1 (3.333%) Middleware
4 1 (3.333%) Hibernate
Application Platforms
1 8 (26.67%) IIS
1 8 (26.67%) MSMQ
1 8 (26.67%) WebSphere MQ
1 8 (26.67%) Adobe CQ
2 1 (3.333%) SharePoint
2 1 (3.333%) SAS
Business Applications
1 12 (40.00%) Misys Equation
2 10 (33.33%) Misys Midas
3 1 (3.333%) Oracle BPM
3 1 (3.333%) Dynamics CRM
Database & Business Intelligence
1 5 (16.67%) SQL Server
2 1 (3.333%) MS Access
2 1 (3.333%) Data Warehouse
2 1 (3.333%) BusinessObjects XI
2 1 (3.333%) BusinessObjects Web Intelligence
2 1 (3.333%) SQL Server 2008
Development Applications
1 1 (3.333%) Selenium
1 1 (3.333%) Hudson
General
1 30 (100.00%) Banking
2 12 (40.00%) Finance
3 7 (23.33%) Investment Banking
4 3 (10.00%) Retail Banking
4 3 (10.00%) Retail
4 3 (10.00%) Front Office
5 2 (6.667%) International Banking
6 1 (3.333%) Back Office
6 1 (3.333%) Financial Institution
6 1 (3.333%) Corporate Banking
Job Titles
1 15 (50.00%) Developer
2 8 (26.67%) Analyst
2 8 (26.67%) Programmer
3 4 (13.33%) Web Developer
3 4 (13.33%) Architect
3 4 (13.33%) Business Analyst
3 4 (13.33%) .NET Developer
3 4 (13.33%) Functional Analyst
4 3 (10.00%) C# .NET Developer
4 3 (10.00%) C# Developer
5 2 (6.667%) Applications Support Analyst
5 2 (6.667%) Senior Web Developer
5 2 (6.667%) Senior Developer
5 2 (6.667%) Java Developer
5 2 (6.667%) Support Analyst
5 2 (6.667%) Applications Support
5 2 (6.667%) Java Web Developer
5 2 (6.667%) Senior Java Web Developer
5 2 (6.667%) Senior Java Developer
5 2 (6.667%) Enterprise Architect
Miscellaneous
1 10 (33.33%) AS400
1 10 (33.33%) Online Banking
1 10 (33.33%) iSeries
2 2 (6.667%) Foreign Exchange (FX)
2 2 (6.667%) Market Risk
3 1 (3.333%) Data Extraction
3 1 (3.333%) Credit Risk
3 1 (3.333%) Equities
Operating Systems
1 1 (3.333%) Windows
1 1 (3.333%) Solaris
1 1 (3.333%) Linux
Processes & Methodologies
1 12 (40.00%) Wealth Management
2 4 (13.33%) Data Analysis
3 3 (10.00%) Investment Management
3 3 (10.00%) Asset Management
3 3 (10.00%) Change Management
4 2 (6.667%) MVC
4 2 (6.667%) Risk Management
4 2 (6.667%) E-Commerce
4 2 (6.667%) Business Continuity
4 2 (6.667%) Financial Modelling
4 2 (6.667%) Business Analysis
4 2 (6.667%) Enterprise Architecture
5 1 (3.333%) User Acceptance Testing
5 1 (3.333%) Stress Testing
5 1 (3.333%) Analytics
5 1 (3.333%) Agile Software Development
5 1 (3.333%) CRM
5 1 (3.333%) Stakeholder Management
Programming Languages
1 10 (33.33%) RPG
2 5 (16.67%) SQL
3 4 (13.33%) C#
4 3 (10.00%) Java
4 3 (10.00%) JavaScript
4 3 (10.00%) Groovy
5 2 (6.667%) Scala
Qualifications
1 1 (3.333%) Microsoft Certification
Vendors
1 12 (40.00%) Misys
2 8 (26.67%) IBM
3 2 (6.667%) Oracle
3 2 (6.667%) Avaloq
4 1 (3.333%) StatPro
4 1 (3.333%) Lombardi
4 1 (3.333%) Sybase
4 1 (3.333%) Business Objects
4 1 (3.333%) Microsoft
City, London
Key experience - Front Office experience in the Wealth Management space / Target Operating Model Design / Investment products / Prior experience of working with International Customer bases / Investment Funds / Equity / Multi...
McGregor Boyall
Rate: £500 - £550 per day
Posted: 15 May 2013
City of London
An experienced Product Manager is required for the development and implementation of Credit Products within Wealth Management for a new branch opening within Europe. This person will need...
Hays Specialist Recruitment
Rate: £500.00 - £600.00 per annum
Posted: 25 April 2013