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 25 February 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
25 Feb 2017
Same period 2016 Same period 2015
Wholesale Banking
London / City of London
Rank 139 157 188
Rank change year-on-year
+18 +31
Contract jobs citing Wholesale Banking 9 2 1
As % of all contract IT jobs located in the City of London 0.31% 0.062% 0.019%
As % of the General category 0.61% 0.11% 0.038%
Number of daily rates quoted 8 1 1
Median daily rate £425 £575 £600
Median daily rate % change year-on-year
-26.08% -4.16%
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
1485 1795 2641
As % of all contract IT jobs located in the City of London 50.91% 55.97% 51.37%
Number of daily rates quoted 1179 1427 2044
Median daily rate £520 £525 £475
Median daily rate % change year-on-year
-0.95% +10.52%
90% offered a daily rate of more than £326 £313 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 12 11 15
Median hourly rate £19.60 £32.00 £17.87
Median hourly rate % change year-on-year
-38.76% +79.12%
90% offered a hourly rate of more than £12.50 £10.00 £13.25
10% offered a hourly rate of more than £80.00 £55.00 £24.23
UK excluding London median hourly rate £27.00 £32.50 £22.50
% change year-on-year
-16.92% +44.44%

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 25 February 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 10 (100.00%) Banking
2 8 (80.00%) FLEXCUBE
2 8 (80.00%) Loan IQ
2 8 (80.00%) QA
2 8 (80.00%) Test Scripting
3 2 (20.00%) Project Management
3 2 (20.00%) Finance
3 2 (20.00%) Analytical Skills
3 2 (20.00%) Analytics
4 1 (10.00%) Visual Analytics
4 1 (10.00%) Kanban
4 1 (10.00%) Data Integration
4 1 (10.00%) Hadoop
4 1 (10.00%) Data Governance
4 1 (10.00%) Agile Project Management
4 1 (10.00%) Quantitative Finance
4 1 (10.00%) SAS Visual Analytics
4 1 (10.00%) Credit Risk Management
4 1 (10.00%) Credit Risk Modelling
4 1 (10.00%) IFRS
4 1 (10.00%) IFRS 9
4 1 (10.00%) Degree
4 1 (10.00%) Mathematics
4 1 (10.00%) Credit Risk
4 1 (10.00%) Retail Banking
4 1 (10.00%) Corporate Banking
4 1 (10.00%) Economics
4 1 (10.00%) Statistics
4 1 (10.00%) Risk Management
4 1 (10.00%) C#

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 (10.00%) SAS
Business Applications
1 8 (80.00%) FLEXCUBE
1 8 (80.00%) Loan IQ
Database & Business Intelligence
1 1 (10.00%) Hadoop
1 1 (10.00%) SAS Visual Analytics
General
1 10 (100.00%) Banking
2 2 (20.00%) Finance
3 1 (10.00%) Corporate Banking
3 1 (10.00%) Retail
3 1 (10.00%) Retail Banking
Job Titles
1 8 (80.00%) Analyst
1 8 (80.00%) Business Analyst
2 6 (60.00%) Banking Analyst
2 6 (60.00%) Banking Business Analyst
3 2 (20.00%) Business Systems Analyst
4 1 (10.00%) Agile Delivery Manager
4 1 (10.00%) Delivery Manager
4 1 (10.00%) Programme Delivery Manager
4 1 (10.00%) Programme Manager
Miscellaneous
1 2 (20.00%) Analytical Skills
2 1 (10.00%) Credit Risk
Processes & Methodologies
1 8 (80.00%) Test Scripting
2 2 (20.00%) Analytics
2 2 (20.00%) Project Management
3 1 (10.00%) Agile Project Management
3 1 (10.00%) Agile Software Development
3 1 (10.00%) Credit Risk Management
3 1 (10.00%) Credit Risk Modelling
3 1 (10.00%) Data Governance
3 1 (10.00%) Data Integration
3 1 (10.00%) Data Management
3 1 (10.00%) Economics
3 1 (10.00%) Kanban
3 1 (10.00%) Mathematics
3 1 (10.00%) Quantitative Finance
3 1 (10.00%) Risk Assessment
3 1 (10.00%) Risk Management
3 1 (10.00%) Scrum
3 1 (10.00%) Statistics
3 1 (10.00%) Visual Analytics
Programming Languages
1 1 (10.00%) C#
1 1 (10.00%) C++
1 1 (10.00%) Java
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 8 (80.00%) QA
2 1 (10.00%) IFRS
2 1 (10.00%) IFRS 9