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 contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 27 August 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
27 Aug 2016
Same period 2015 Same period 2014
Retail Banking
Rank 145 169 144
Rank change year-on-year
+24 -25
Contract jobs citing Retail Banking 30 39 64
As % of all contract IT jobs located in the City of London 0.87% 0.72% 1.08%
As % of the General category 1.64% 1.34% 2.14%
Number of daily rates quoted 23 31 49
Median daily rate £525 £476 £438
Median daily rate % change year-on-year
+10.29% +8.80%
90% offered a daily rate of more than £405 £325 £325
10% offered a daily rate of more than £730 £625 £617
UK excluding London median daily rate £400 £400 £442
% change year-on-year
- -9.50%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £175.00
UK excluding London median 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
1826 2914 2997
As % of all contract IT jobs located in the City of London 52.76% 53.58% 50.72%
Number of daily rates quoted 1488 2254 2223
Median daily rate £495 £500 £475
Median daily rate % change year-on-year
-1.00% +5.26%
90% offered a daily rate of more than £325 £320 £300
10% offered a daily rate of more than £675 £650 £630
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 9 33 30
Median hourly rate £20.00 £21.13 £20.50
Median hourly rate % change year-on-year
-5.32% +3.04%
90% offered a hourly rate of more than £12.50 £12.07 £11.10
10% offered a hourly rate of more than £31.50 £40.00 £36.50
UK excluding London median hourly rate £20.00 £24.00 £23.00
% change year-on-year
-16.66% +4.34%

Retail Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Retail Banking as a proportion of all IT contracts with a match in 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 27 August 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 27 August 2016, IT contractor jobs citing Retail 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 Retail Banking.

1 49 (100.00%) Banking
1 49 (100.00%) Retail
2 26 (53.06%) Finance
3 17 (34.69%) Stakeholder Management
4 13 (26.53%) Project Management
5 11 (22.45%) Agile Software Development
6 7 (14.29%) User Acceptance Testing
7 6 (12.24%) Wealth Management
7 6 (12.24%) HP Quality Center
7 6 (12.24%) Waterfall
8 5 (10.20%) User Experience
8 5 (10.20%) Analytical Skills
9 4 (8.16%) Business Analysis
9 4 (8.16%) PRINCE2
9 4 (8.16%) CRM
9 4 (8.16%) Investment Banking
9 4 (8.16%) SDLC
10 3 (6.12%) Data Analysis
10 3 (6.12%) Migration
10 3 (6.12%) MS Excel
10 3 (6.12%) SQL
10 3 (6.12%) Business Intelligence
10 3 (6.12%) Microsoft
10 3 (6.12%) Dynamics CRM
10 3 (6.12%) Degree
10 3 (6.12%) Mobile App
11 2 (4.08%) Open Source
11 2 (4.08%) R
11 2 (4.08%) Stakeholder Engagement
11 2 (4.08%) Customer Engagement

Retail 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:

Application Platforms
1 2 (4.08%) SAS
2 1 (2.04%) SharePoint
Applications
1 3 (6.12%) MS Excel
2 2 (4.08%) MS Office
2 2 (4.08%) MS PowerPoint
2 2 (4.08%) MS Visio
2 2 (4.08%) SPSS
Business Applications
1 3 (6.12%) Dynamics CRM
Cloud Services
1 1 (2.04%) Microsoft Azure
Database & Business Intelligence
1 2 (4.08%) Big Data
2 1 (2.04%) Data Warehouse
Development Applications
1 1 (2.04%) Git (software)
1 1 (2.04%) Grunt
General
1 49 (100.00%) Banking
1 49 (100.00%) Retail
2 26 (53.06%) Finance
3 4 (8.16%) Investment Banking
4 2 (4.08%) Corporate Banking
4 2 (4.08%) Legal
5 1 (2.04%) Marketing
Job Titles
1 12 (24.49%) Analyst
2 9 (18.37%) Project Manager
3 8 (16.33%) Senior Manager
4 6 (12.24%) Digital Project Manager
4 6 (12.24%) Senior Digital Project Manager
4 6 (12.24%) Senior Project Manager
4 6 (12.24%) Test Manager
5 5 (10.20%) Business Analyst
6 4 (8.16%) Architect
6 4 (8.16%) Banking Analyst
6 4 (8.16%) Programme Manager
7 3 (6.12%) Banking Project Manager
7 3 (6.12%) Senior Analyst
7 3 (6.12%) Test Analyst
7 3 (6.12%) Test Leader
8 2 (4.08%) Designer
8 2 (4.08%) Digital Product Manager
8 2 (4.08%) Solutions Architect
8 2 (4.08%) UAT Lead
8 2 (4.08%) UAT Test Lead
Libraries, Frameworks & Software Standards
1 2 (4.08%) CSS
1 2 (4.08%) HTML
2 1 (2.04%) AngularJS
2 1 (2.04%) Backbone.js
2 1 (2.04%) HTML5
2 1 (2.04%) jQuery
2 1 (2.04%) LESS
2 1 (2.04%) Node.js
2 1 (2.04%) XSLT
Miscellaneous
1 5 (10.20%) Analytical Skills
1 5 (10.20%) User Experience
2 3 (6.12%) Mobile App
3 2 (4.08%) Credit Risk
3 2 (4.08%) Economics
3 2 (4.08%) Mainframe
3 2 (4.08%) Mathematics
3 2 (4.08%) Mobile Banking
3 2 (4.08%) Statistics
4 1 (2.04%) Data Integration
4 1 (2.04%) Management Information System
4 1 (2.04%) PMI
4 1 (2.04%) Psychology
Operating Systems
1 1 (2.04%) VMS
Processes & Methodologies
1 17 (34.69%) Stakeholder Management
2 13 (26.53%) Project Management
3 11 (22.45%) Agile Software Development
4 7 (14.29%) User Acceptance Testing
5 6 (12.24%) Waterfall
5 6 (12.24%) Wealth Management
6 4 (8.16%) Business Analysis
6 4 (8.16%) CRM
6 4 (8.16%) PRINCE2
6 4 (8.16%) SDLC
7 3 (6.12%) Business Intelligence
7 3 (6.12%) Data Analysis
7 3 (6.12%) Migration
8 2 (4.08%) Change Management
8 2 (4.08%) Data Modelling
8 2 (4.08%) Programme Management
8 2 (4.08%) Regression Testing
8 2 (4.08%) Risk Analytics
8 2 (4.08%) Risk Management
8 2 (4.08%) SOA
Programming Languages
1 3 (6.12%) SQL
2 2 (4.08%) MATLAB
2 2 (4.08%) R
3 1 (2.04%) Bash Shell
Qualifications
1 3 (6.12%) Degree
2 2 (4.08%) PMP
3 1 (2.04%) PMI Certification
Quality Assurance & Compliance
1 2 (4.08%) Data Quality
2 1 (2.04%) SEPA
Systems Management
1 6 (12.24%) HP Quality Center
Vendors
1 3 (6.12%) Microsoft
2 1 (2.04%) HP
2 1 (2.04%) SmartStream