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 20 August 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
20 Aug 2014
Same period 2013 Same period 2012
Private Banking
Rank 193 223 204
Rank change year-on-year
+30 -19
Contract jobs citing Private Banking 5 7 27
As % of all contract IT jobs located in the City of London 0.086% 0.095% 0.34%
As % of the General category 0.17% 0.16% 0.56%
Number of daily rates quoted 0 3 12
Average daily rate
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- £475 £435
Average daily rate % change year-on-year
- +9.19%
UK excluding London average daily rate £350 £330 £475
% change year-on-year
+6.06% -30.52%
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
2930 4301 4815
As % of all contract IT jobs located in the City of London 50.67% 58.39% 60.54%
Number of daily rates quoted 2179 3216 3651
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £320 £300
10% offered a daily rate of more than £648 £625 £625
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 30 63 67
Average hourly rate £20.50 £20.93 £20.00
Average hourly rate % change year-on-year
-2.03% +4.62%
90% offered a hourly rate of more than £11.10 £14.40 £15.00
10% offered a hourly rate of more than £36.50 £54.00 £52.50
UK excluding London average hourly rate £22.00 £22.50 £28.50
% change year-on-year
-2.22% -21.05%

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 20 August 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 26 (100.00%) Banking
2 17 (65.38%) Wealth Management
3 16 (61.54%) Finance
4 14 (53.85%) Investment Banking
5 6 (23.08%) SQL
6 4 (15.38%) Retail Banking
6 4 (15.38%) MS Excel
6 4 (15.38%) Retail
7 3 (11.54%) Asset Management
7 3 (11.54%) Front Office
7 3 (11.54%) Business Analysis
7 3 (11.54%) Migration
7 3 (11.54%) Data Analysis
7 3 (11.54%) ETL
7 3 (11.54%) LDAP
7 3 (11.54%) BPR
7 3 (11.54%) Project Management
7 3 (11.54%) MS Visio
7 3 (11.54%) Middleware
7 3 (11.54%) Oracle
7 3 (11.54%) SQL Server
7 3 (11.54%) Investment Management
7 3 (11.54%) EMIR
8 2 (7.69%) Data Quality
8 2 (7.69%) Degree
8 2 (7.69%) Fund Management
8 2 (7.69%) Lean Six Sigma
8 2 (7.69%) Data Migration
8 2 (7.69%) Cash Management
8 2 (7.69%) Sybase

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

For the 6 months to 20 August 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 (3.85%) Tomcat
1 1 (3.85%) TPMS
Applications
1 4 (15.38%) MS Excel
2 3 (11.54%) MS Visio
3 1 (3.85%) MS PowerPoint
Business Applications
1 1 (3.85%) Oracle BPM
Communications & Networking
1 3 (11.54%) LDAP
Database & Business Intelligence
1 3 (11.54%) SQL Server
2 1 (3.85%) Oracle Reports
2 1 (3.85%) DTS
2 1 (3.85%) Data Mining
2 1 (3.85%) SQL Server Integration Services
2 1 (3.85%) Big Data
2 1 (3.85%) Oracle Database
Development Applications
1 1 (3.85%) JUnit
1 1 (3.85%) Subversion
1 1 (3.85%) Maven
1 1 (3.85%) Hudson
General
1 26 (100.00%) Banking
2 16 (61.54%) Finance
3 14 (53.85%) Investment Banking
4 4 (15.38%) Retail Banking
4 4 (15.38%) Retail
5 3 (11.54%) Front Office
6 2 (7.69%) Back Office
6 2 (7.69%) Legal
7 1 (3.85%) Corporate Banking
7 1 (3.85%) International Banking
7 1 (3.85%) Billing
Job Titles
1 15 (57.69%) Analyst
2 12 (46.15%) Business Analyst
3 5 (19.23%) Project Manager
3 5 (19.23%) Banking Business Analyst
4 3 (11.54%) Data Analyst
5 2 (7.69%) Developer
5 2 (7.69%) Programme Manager
6 1 (3.85%) Technical Author
6 1 (3.85%) Author
6 1 (3.85%) DBA
6 1 (3.85%) Java Developer
6 1 (3.85%) Technical Analyst
6 1 (3.85%) SQL Developer
6 1 (3.85%) SQL DBA
6 1 (3.85%) Technical Writer
6 1 (3.85%) Business Project Manager
6 1 (3.85%) Technical Business Analyst
6 1 (3.85%) Business Manager
6 1 (3.85%) Business Data Analyst
6 1 (3.85%) Middleware Specialist
Libraries, Frameworks & Software Standards
1 3 (11.54%) Middleware
2 1 (3.85%) Hibernate
2 1 (3.85%) Spring
2 1 (3.85%) JPA
2 1 (3.85%) REST
2 1 (3.85%) HTML
2 1 (3.85%) J2EE
2 1 (3.85%) CSS
2 1 (3.85%) SOAP
2 1 (3.85%) Web Services
2 1 (3.85%) XML
2 1 (3.85%) WSDL
2 1 (3.85%) JAXB
Processes & Methodologies
1 17 (65.38%) Wealth Management
2 3 (11.54%) Investment Management
2 3 (11.54%) BPR
2 3 (11.54%) Project Management
2 3 (11.54%) ETL
2 3 (11.54%) Migration
2 3 (11.54%) Asset Management
2 3 (11.54%) Data Analysis
2 3 (11.54%) Business Analysis
3 2 (7.69%) Fund Management
3 2 (7.69%) Lean Six Sigma
3 2 (7.69%) Stakeholder Management
3 2 (7.69%) Six Sigma
3 2 (7.69%) ITIL
3 2 (7.69%) PRINCE2
3 2 (7.69%) Data Migration
3 2 (7.69%) Cash Management
4 1 (3.85%) Business Process Improvement
4 1 (3.85%) Capacity Management
4 1 (3.85%) Business Transformation
Programming Languages
1 6 (23.08%) SQL
2 2 (7.69%) VBA
3 1 (3.85%) Java
Qualifications
1 2 (7.69%) Degree
Quality Assurance & Compliance
1 3 (11.54%) EMIR
2 2 (7.69%) Data Quality
3 1 (3.85%) Dodd-Frank
3 1 (3.85%) AIFMD
Vendors
1 3 (11.54%) Oracle
2 2 (7.69%) Sybase
3 1 (3.85%) Microsoft