The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Retail Banking
Rank 131 128 154
Rank change year-on-year
-3 +26
Contract jobs citing Retail Banking 22 61 52
As % of all contract IT jobs located in the City of London 0.70% 1.19% 0.87%
As % of the General category 1.26% 2.28% 1.59%
Number of daily rates quoted 19 44 41
Average daily rate £475 £418 £475
Average daily rate % change year-on-year
+13.63% -12.00%
90% offered a daily rate of more than £416 £300 £375
10% offered a daily rate of more than £560 £543 £625
UK excluding London average daily rate £450 £440 £400
% change year-on-year
+2.27% +10.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail 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
1751 2672 3269
As % of all contract IT jobs located in the City of London 55.66% 51.97% 54.90%
Number of daily rates quoted 1371 2086 2447
Average daily rate £525 £475 £500
Average daily rate % change year-on-year
+10.52% -5.00%
90% offered a daily rate of more than £313 £300 £313
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 13 15 49
Average hourly rate £39.75 £17.87 £20.00
Average hourly rate % change year-on-year
+122.50% -10.67%
90% offered a hourly rate of more than £18.99 £13.23 £12.30
10% offered a hourly rate of more than £55.00 £28.80 £42.50
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Retail Banking
Jobs Demand Trend in the City of London

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

Retail Banking Jobs Demand Trend in the City of London

Retail 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 Retail Banking across the City of London region.

Retail Banking Daily Rate Trend in the City of London

Retail Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the City of London region over the 3 months to 12 February 2016.

Retail Banking Daily Rate Histogram in the City of London

Retail Banking
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Retail Banking across the City of London region.

Retail Banking Hourly Rate Trend in the City of London

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

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Retail 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 Retail Banking.

1 49 (100.00%) Banking
1 49 (100.00%) Retail
2 31 (63.27%) Finance
3 10 (20.41%) Project Management
4 8 (16.33%) Stakeholder Management
5 7 (14.29%) MS PowerPoint
6 6 (12.24%) iPhone
6 6 (12.24%) Investment Banking
6 6 (12.24%) Migration
6 6 (12.24%) Reuters
6 6 (12.24%) Bloomberg
6 6 (12.24%) Blackberry
6 6 (12.24%) Lotus
6 6 (12.24%) Apple
6 6 (12.24%) Windows Server 2003
6 6 (12.24%) Windows
6 6 (12.24%) IBM Notes
6 6 (12.24%) Windows XP
6 6 (12.24%) Windows 7
6 6 (12.24%) HP Quality Center
6 6 (12.24%) iPad
6 6 (12.24%) Eikon
6 6 (12.24%) Windows Server
7 5 (10.20%) User Experience
7 5 (10.20%) CRM
7 5 (10.20%) JavaScript
7 5 (10.20%) Oracle
7 5 (10.20%) Agile Software Development
7 5 (10.20%) Advertising
8 4 (8.16%) Dynamics CRM

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

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Application Platforms
1 6 (12.24%) IBM Notes
2 2 (4.08%) SAS
2 2 (4.08%) WebSphere
Applications
1 7 (14.29%) MS PowerPoint
2 2 (4.08%) MS Office
Business Applications
1 6 (12.24%) Eikon
2 4 (8.16%) Dynamics CRM
3 3 (6.12%) Oracle Subledger Accounting
Cloud Services
1 1 (2.04%) PaaS
1 1 (2.04%) SuccessFactors
Communications & Networking
1 1 (2.04%) TCP/IP
Database & Business Intelligence
1 2 (4.08%) Data Warehouse
2 1 (2.04%) Big Data
Development Applications
1 1 (2.04%) Axure RP
1 1 (2.04%) Emacs
1 1 (2.04%) VisualAge
1 1 (2.04%) WebSphere Studio Application Developer
General
1 49 (100.00%) Banking
1 49 (100.00%) Retail
2 31 (63.27%) Finance
3 6 (12.24%) Investment Banking
4 5 (10.20%) Advertising
5 3 (6.12%) Financial Institution
6 2 (4.08%) International Banking
6 2 (4.08%) Legal
7 1 (2.04%) Back Office
7 1 (2.04%) Front Office
Job Titles
1 12 (24.49%) Analyst
2 10 (20.41%) Business Analyst
3 8 (16.33%) Architect
4 6 (12.24%) Change Analyst
4 6 (12.24%) Desktop Engineer
5 5 (10.20%) Consultant
5 5 (10.20%) Deskside Engineer
5 5 (10.20%) Service Desk Engineer
6 4 (8.16%) 1st/2nd Line Desktop Support
6 4 (8.16%) 1st/2nd Line Support
6 4 (8.16%) 1st/2nd Line Support Engineer
6 4 (8.16%) 2nd Line Desktop Support
6 4 (8.16%) 2nd Line Desktop Support Engineer
6 4 (8.16%) 2nd Line Engineer
6 4 (8.16%) 2nd Line Support Engineer
6 4 (8.16%) CRM Consultant
6 4 (8.16%) Desktop Support
6 4 (8.16%) Desktop Support Engineer
6 4 (8.16%) Dynamics CRM Consultant
6 4 (8.16%) Microsoft CRM Consultant
Libraries, Frameworks & Software Standards
1 4 (8.16%) .NET
2 2 (4.08%) HTML
2 2 (4.08%) REST
2 2 (4.08%) SOAP
2 2 (4.08%) XML
3 1 (2.04%) DOM
3 1 (2.04%) EJB
3 1 (2.04%) HTML5
3 1 (2.04%) J2EE
3 1 (2.04%) J2ME
3 1 (2.04%) JSP
3 1 (2.04%) MooTools
3 1 (2.04%) RSS
3 1 (2.04%) SAML
3 1 (2.04%) Servlets
3 1 (2.04%) Swing
3 1 (2.04%) Web Services
3 1 (2.04%) XHR
3 1 (2.04%) XSD
3 1 (2.04%) XSL
Miscellaneous
1 6 (12.24%) Blackberry
1 6 (12.24%) iPad
1 6 (12.24%) iPhone
2 5 (10.20%) User Experience
3 2 (4.08%) Analytical Skills
4 1 (2.04%) Algorithms
4 1 (2.04%) Client/Server
4 1 (2.04%) Computer Science
4 1 (2.04%) Foreign Exchange (FX)
4 1 (2.04%) Mathematics
4 1 (2.04%) Online Banking
4 1 (2.04%) Physics
4 1 (2.04%) Private Cloud
4 1 (2.04%) Visualisation
Operating Systems
1 6 (12.24%) Windows
1 6 (12.24%) Windows 7
1 6 (12.24%) Windows Server
1 6 (12.24%) Windows Server 2003
1 6 (12.24%) Windows XP
2 2 (4.08%) Windows Server 2008
3 1 (2.04%) Linux
3 1 (2.04%) Unix
Processes & Methodologies
1 10 (20.41%) Project Management
2 8 (16.33%) Stakeholder Management
3 6 (12.24%) Migration
4 5 (10.20%) Agile Software Development
4 5 (10.20%) CRM
5 3 (6.12%) Change Management
5 3 (6.12%) Use Case
6 2 (4.08%) BPMN
6 2 (4.08%) Business Analysis
6 2 (4.08%) Data Architecture
6 2 (4.08%) Data Management
6 2 (4.08%) E-Commerce
6 2 (4.08%) OO
6 2 (4.08%) Regression Testing
6 2 (4.08%) Risk Management
6 2 (4.08%) Scrum
6 2 (4.08%) SOA
6 2 (4.08%) User Acceptance Testing
6 2 (4.08%) Waterfall
7 1 (2.04%) UX Design
Programming Languages
1 5 (10.20%) JavaScript
2 4 (8.16%) Java
3 1 (2.04%) C++
3 1 (2.04%) SQL
Qualifications
1 1 (2.04%) Degree
1 1 (2.04%) SAS Certification
Systems Management
1 6 (12.24%) HP Quality Center
Vendors
1 6 (12.24%) Apple
1 6 (12.24%) Bloomberg
1 6 (12.24%) Lotus
1 6 (12.24%) Reuters
2 5 (10.20%) Oracle
3 4 (8.16%) Microsoft
4 1 (2.04%) IBM
4 1 (2.04%) MicroStrategy
4 1 (2.04%) TSYS