The table below looks at the prevalence of the term Wholesale 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 Wholesale Banking over the 3 months to 3 July 2015 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
3 Jul 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank 196 192 207
Rank change year-on-year
-4 +15
Contract jobs citing Wholesale Banking 5 2 8
As % of all contract IT jobs located in the City of London 0.086% 0.035% 0.12%
As % of the General category 0.16% 0.068% 0.20%
Number of daily rates quoted 5 2 5
Average daily rate
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£600 £425 £525
Average daily rate % change year-on-year
+41.17% -19.04%
UK excluding London average daily rate - - £400
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Wholesale 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
3074 2927 4005
As % of all contract IT jobs located in the City of London 52.68% 50.85% 57.73%
Number of daily rates quoted 2392 2226 3060
Average daily rate £500 £475 £475
Average daily rate % change year-on-year
+5.26% -
90% offered a daily rate of more than £318 £300 £325
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 41 28 73
Average hourly rate £19.72 £20.00 £19.50
Average hourly rate % change year-on-year
-1.42% +2.56%
90% offered a hourly rate of more than £10.50 £11.00 £11.50
10% offered a hourly rate of more than £35.99 £40.29 £46.50
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

Wholesale Banking
Jobs Demand Trend in the City of London

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

Wholesale Banking Jobs Demand Trend in the City of London

Wholesale 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 Wholesale Banking across the City of London region.

Wholesale Banking Daily Rate Trend in the City of London

Wholesale Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking across the City of London region over the 3 months to 3 July 2015.

Wholesale Banking Daily Rate Histogram in the City of London

Wholesale Banking
Top 23 Related IT Skills in the City of London

For the 6 months to 3 July 2015, IT contractor jobs across the City of London region citing Wholesale 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 Wholesale Banking.

1 7 (100.00%) Banking
2 3 (42.86%) Investment Banking
2 3 (42.86%) Finance
2 3 (42.86%) Business Analysis
2 3 (42.86%) Credit Risk
2 3 (42.86%) Stress Testing
2 3 (42.86%) Basel III
2 3 (42.86%) Software Delivery
3 2 (28.57%) SWIFT
3 2 (28.57%) Integration Testing
3 2 (28.57%) Test Scripting
3 2 (28.57%) System Testing
3 2 (28.57%) HP Quality Center
3 2 (28.57%) User Acceptance Testing
3 2 (28.57%) Automated Testing
3 2 (28.57%) HP
3 2 (28.57%) HP UFT
3 2 (28.57%) Back Office
4 1 (14.29%) Risk Management
4 1 (14.29%) Postgraduate
4 1 (14.29%) Retail
4 1 (14.29%) Stakeholder Management
4 1 (14.29%) Degree

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

For the 6 months to 3 July 2015, IT contractor jobs across the City of London region citing Wholesale 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 Wholesale Banking. Up to 20 skills are shown per category.

Development Applications
1 2 (28.57%) HP UFT
General
1 7 (100.00%) Banking
2 3 (42.86%) Finance
2 3 (42.86%) Investment Banking
3 2 (28.57%) Back Office
4 1 (14.29%) Retail
Job Titles
1 7 (100.00%) Analyst
2 5 (71.43%) Business Analyst
3 3 (42.86%) Credit Analyst
3 3 (42.86%) Credit Risk Business Analyst
3 3 (42.86%) Risk Analyst
3 3 (42.86%) Credit Risk Analyst
3 3 (42.86%) Testing Analyst
4 2 (28.57%) Test Analyst
5 1 (14.29%) Senior Business Analyst
5 1 (14.29%) Senior Analyst
Miscellaneous
1 3 (42.86%) Credit Risk
2 2 (28.57%) SWIFT
Processes & Methodologies
1 3 (42.86%) Business Analysis
1 3 (42.86%) Stress Testing
1 3 (42.86%) Software Delivery
2 2 (28.57%) Automated Testing
2 2 (28.57%) Integration Testing
2 2 (28.57%) Test Scripting
2 2 (28.57%) System Testing
2 2 (28.57%) User Acceptance Testing
3 1 (14.29%) Risk Management
3 1 (14.29%) Stakeholder Management
Qualifications
1 1 (14.29%) Postgraduate
1 1 (14.29%) Degree
Quality Assurance & Compliance
1 3 (42.86%) Basel III
Systems Management
1 2 (28.57%) HP Quality Center
Vendors
1 2 (28.57%) HP