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 contractor rates offered in IT contracts that have cited Wholesale Banking over the 3 months to 22 January 2017 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
22 Jan 2017
Same period 2016 Same period 2015
Wholesale Banking
London / City of London
Rank 149 146 -
Rank change year-on-year
-3 -
Contract jobs citing Wholesale Banking 4 3 0
As % of all contract IT jobs located in the City of London 0.14% 0.097% -
As % of the General category 0.27% 0.17% -
Number of daily rates quoted 4 2 0
Median daily rate £425 £405 -
Median daily rate % change year-on-year
+4.93% -
UK excluding London median daily rate - - £409
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1505 1739 2634
As % of all contract IT jobs located in the City of London 52.00% 56.48% 51.73%
Number of daily rates quoted 1183 1356 2076
Median daily rate £525 £513 £475
Median daily rate % change year-on-year
+2.43% +7.89%
90% offered a daily rate of more than £330 £300 £308
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 4 14 19
Median hourly rate £21.75 £30.00 £17.87
Median hourly rate % change year-on-year
-27.50% +67.92%
90% offered a hourly rate of more than £18.73 £20.00 £13.40
10% offered a hourly rate of more than £24.73 £55.00 £28.20
UK excluding London median hourly rate £27.00 £33.25 £26.00
% change year-on-year
-18.79% +27.88%

Wholesale Banking
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Wholesale Banking as a proportion of all IT contracts with a match in 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
Top 30 Related IT Skills in the City of London

For the 6 months to 22 January 2017, IT contractor jobs citing Wholesale 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 Wholesale Banking.

1 5 (100.00%) Banking
2 4 (80.00%) Loan IQ
2 4 (80.00%) FLEXCUBE
2 4 (80.00%) Test Scripting
2 4 (80.00%) QA
3 1 (20.00%) Credit Risk
3 1 (20.00%) Degree
3 1 (20.00%) Mathematics
3 1 (20.00%) Data Integration
3 1 (20.00%) Hadoop
3 1 (20.00%) Data Governance
3 1 (20.00%) Analytics
3 1 (20.00%) Visual Analytics
3 1 (20.00%) Analytical Skills
3 1 (20.00%) Quantitative Finance
3 1 (20.00%) SAS Visual Analytics
3 1 (20.00%) Credit Risk Management
3 1 (20.00%) Credit Risk Modelling
3 1 (20.00%) Risk Management
3 1 (20.00%) Finance
3 1 (20.00%) Risk Assessment
3 1 (20.00%) C#
3 1 (20.00%) C++
3 1 (20.00%) Java
3 1 (20.00%) SAS
3 1 (20.00%) Project Management
3 1 (20.00%) Economics
3 1 (20.00%) Statistics
3 1 (20.00%) Retail Banking
3 1 (20.00%) Corporate Banking

Wholesale 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 1 (20.00%) SAS
Business Applications
1 4 (80.00%) FLEXCUBE
1 4 (80.00%) Loan IQ
Database & Business Intelligence
1 1 (20.00%) Hadoop
1 1 (20.00%) SAS Visual Analytics
General
1 5 (100.00%) Banking
2 1 (20.00%) Corporate Banking
2 1 (20.00%) Finance
2 1 (20.00%) Retail
2 1 (20.00%) Retail Banking
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Banking Analyst
1 4 (80.00%) Banking Business Analyst
1 4 (80.00%) Business Analyst
Miscellaneous
1 1 (20.00%) Analytical Skills
1 1 (20.00%) Credit Risk
1 1 (20.00%) Data Integration
1 1 (20.00%) Economics
1 1 (20.00%) Mathematics
1 1 (20.00%) Statistics
Processes & Methodologies
1 4 (80.00%) Test Scripting
2 1 (20.00%) Analytics
2 1 (20.00%) Credit Risk Management
2 1 (20.00%) Credit Risk Modelling
2 1 (20.00%) Data Governance
2 1 (20.00%) Data Management
2 1 (20.00%) Project Management
2 1 (20.00%) Quantitative Finance
2 1 (20.00%) Risk Assessment
2 1 (20.00%) Risk Management
2 1 (20.00%) Visual Analytics
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) C++
1 1 (20.00%) Java
Qualifications
1 1 (20.00%) Degree
Quality Assurance & Compliance
1 4 (80.00%) QA