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 contractor rates offered in IT contracts that have cited Private Banking over the 3 months to 24 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
24 May 2016
Same period 2015 Same period 2014
Private Banking
Rank - 183 194
Contract jobs citing Private Banking 0 10 21
As % of all contract IT jobs located in the City of London - 0.18% 0.34%
As % of the General category - 0.35% 0.65%
Number of daily rates quoted 0 6 15
Median daily rate - £510 £550
Median daily rate % change year-on-year
- -7.27%
UK excluding London median daily rate - - £288
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1725 2862 3221
As % of all contract IT jobs located in the City of London 52.16% 52.85% 52.88%
Number of daily rates quoted 1462 2239 2463
Median daily rate £500 £488 £475
Median daily rate % change year-on-year
+2.56% +2.63%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 13 39 37
Median hourly rate £20.00 £19.72 £17.50
Median hourly rate % change year-on-year
+1.44% +12.65%
90% offered a hourly rate of more than £16.52 £10.50 £11.50
10% offered a hourly rate of more than £39.00 £34.50 £47.50
UK excluding London median hourly rate £25.00 £25.00 £25.00

Private Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Private Banking as a proportion of all IT contracts with a match in 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 12 Related IT Skills in the City of London

For the 6 months to 24 May 2016, IT contractor jobs citing Private 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 Private Banking.

1 6 (100.00%) Wealth Management
1 6 (100.00%) Banking
2 4 (66.67%) SDLC
2 4 (66.67%) Agile Software Development
3 2 (33.33%) Six Sigma
3 2 (33.33%) Finance
3 2 (33.33%) Re-Platforming
3 2 (33.33%) User Acceptance Testing
3 2 (33.33%) Test Strategy
3 2 (33.33%) Analytical Skills
3 2 (33.33%) Lean Six Sigma
4 1 (16.67%) Salesforce.com

Private 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:

General
1 6 (100.00%) Banking
2 2 (33.33%) Finance
Job Titles
1 6 (100.00%) Analyst
1 6 (100.00%) Business Analyst
2 4 (66.67%) Senior Analyst
2 4 (66.67%) Senior Business Analyst
3 2 (33.33%) Digital Analyst
3 2 (33.33%) Digital Business Analyst
3 2 (33.33%) Process Analyst
3 2 (33.33%) Senior Process Analyst
3 2 (33.33%) Wealth Management Business Analyst
3 2 (33.33%) Web Analyst
3 2 (33.33%) Web Business Analyst
Miscellaneous
1 2 (33.33%) Analytical Skills
Processes & Methodologies
1 6 (100.00%) Wealth Management
2 4 (66.67%) Agile Software Development
2 4 (66.67%) SDLC
3 2 (33.33%) Lean Six Sigma
3 2 (33.33%) Re-Platforming
3 2 (33.33%) Six Sigma
3 2 (33.33%) Test Strategy
3 2 (33.33%) User Acceptance Testing
Vendors
1 1 (16.67%) Salesforce.com