The first 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 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the City of London region.

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
24 May 2013
Same period 2012 Same period 2011
Wholesale Banking
Rank 190 202 233
Rank change year-on-year
+12 +31
Contract jobs citing Wholesale Banking 13 16 12
As % of all contract IT jobs located in the City of London 0.204% 0.203% 0.122%
As % of the General category 0.357% 0.338% 0.182%
Number of daily rates quoted 7 10 11
Average daily rate £525 £490 £435
Average daily rate % change year-on-year
+7.14% +12.64%
90% offered a daily rate of more than £448 £400 £350
10% offered a daily rate of more than £550 £628 £600
UK excluding London average daily rate £423 £435 £500
% change year-on-year
-2.75% -13.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the General Category
City of London
Contract IT job ads with a match in the
General category
3638 4733 6602
As % of all contract IT jobs located in the City of London 57.03% 60.18% 67.39%
Number of daily rates quoted 2769 3569 4975
Average daily rate £475 £475 £525
Average daily rate % change year-on-year
- -9.52%
90% offered a daily rate of more than £325 £310 £350
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 66 68 88
Average hourly rate £21.50 £20.50 £22.00
Average hourly rate % change year-on-year
+4.87% -6.81%
90% offered a hourly rate of more than £11.00 £14.85 £14.50
10% offered a hourly rate of more than £42.65 £27.75 £50.50
UK excluding London average hourly rate £25.50 £25.00 £26.00
% change year-on-year
+2.00% -3.84%
Wholesale Banking
London

Wholesale Banking
Jobs Demand Trend

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.

City of London Wholesale Banking Jobs Demand Trend

Wholesale Banking
Daily Rate Trend

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.

City of London Wholesale Banking Daily Rate Trend

Wholesale Banking
Daily Rate Histogram

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 24 May 2013.

City of London Wholesale Banking Daily Rate Histogram

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 24 May 2013, 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 20 (100.00%) Banking
2 15 (75.00%) Finance
3 7 (35.00%) Stakeholder Management
4 6 (30.00%) Investment Banking
5 5 (25.00%) Zachman Framework
5 5 (25.00%) TOGAF
5 5 (25.00%) Middleware
6 4 (20.00%) Oracle
6 4 (20.00%) Cash Management
7 3 (15.00%) Credit Risk
7 3 (15.00%) RUP
7 3 (15.00%) Risk Management
7 3 (15.00%) Unified Process
7 3 (15.00%) Project Management
8 2 (10.00%) Basel II
8 2 (10.00%) SQL
8 2 (10.00%) TQM
8 2 (10.00%) Business Analysis
8 2 (10.00%) Corporate Banking
8 2 (10.00%) Six Sigma
8 2 (10.00%) PRINCE2
8 2 (10.00%) HTTP
8 2 (10.00%) Data Management
8 2 (10.00%) Analytics
9 1 (5.000%) Retail
9 1 (5.000%) Integration Testing
9 1 (5.000%) Data Validation
9 1 (5.000%) Reference Data
9 1 (5.000%) Spreadsheet
9 1 (5.000%) TeamCity

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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.

Application Development
1 5 (25.00%) Middleware
2 1 (5.000%) SOAP
2 1 (5.000%) XML
2 1 (5.000%) XSD
2 1 (5.000%) XSLT
Applications
1 1 (5.000%) Spreadsheet
1 1 (5.000%) MS Excel
1 1 (5.000%) MS Visio
1 1 (5.000%) MS Project
1 1 (5.000%) MS Office
Business Applications
1 1 (5.000%) FLEXCUBE
Communications & Networking
1 2 (10.00%) HTTP
Database & Business Intelligence
1 1 (5.000%) Hadoop
1 1 (5.000%) Data Warehouse
1 1 (5.000%) SQL Server
Development Applications
1 1 (5.000%) TeamCity
1 1 (5.000%) Ant
1 1 (5.000%) NUnit
General
1 20 (100.00%) Banking
2 15 (75.00%) Finance
3 6 (30.00%) Investment Banking
4 2 (10.00%) Corporate Banking
5 1 (5.000%) Retail
Job Titles
1 7 (35.00%) Architect
2 4 (20.00%) Project Manager
3 3 (15.00%) Business Analyst
3 3 (15.00%) Developer
3 3 (15.00%) Analyst
3 3 (15.00%) Solutions Architect
4 2 (10.00%) Programme Manager
5 1 (5.000%) Credit Risk Project Manager
5 1 (5.000%) Banking Business Analyst
5 1 (5.000%) Credit Risk Analyst
5 1 (5.000%) PMO Manager
5 1 (5.000%) Applications Developer
5 1 (5.000%) Information Architect
5 1 (5.000%) Oracle Developer
5 1 (5.000%) C# Developer
5 1 (5.000%) SQL Developer
5 1 (5.000%) PL/SQL Developer
5 1 (5.000%) Credit Analyst
5 1 (5.000%) Applications Architect
5 1 (5.000%) Credit Risk Business Analyst
Miscellaneous
1 3 (15.00%) Credit Risk
2 1 (5.000%) Reference Data
2 1 (5.000%) SWIFT
2 1 (5.000%) PMI
2 1 (5.000%) Mainframe
Operating Systems
1 1 (5.000%) UNIX
1 1 (5.000%) Windows
Processes & Methodologies
1 7 (35.00%) Stakeholder Management
2 5 (25.00%) Zachman Framework
2 5 (25.00%) TOGAF
3 4 (20.00%) Cash Management
4 3 (15.00%) RUP
4 3 (15.00%) Risk Management
4 3 (15.00%) Unified Process
4 3 (15.00%) Project Management
5 2 (10.00%) TQM
5 2 (10.00%) Business Analysis
5 2 (10.00%) Six Sigma
5 2 (10.00%) PRINCE2
5 2 (10.00%) Data Management
5 2 (10.00%) Analytics
6 1 (5.000%) Integration Testing
6 1 (5.000%) Data Validation
6 1 (5.000%) Information Architecture
6 1 (5.000%) Financial Analysis
6 1 (5.000%) Portfolio Management
6 1 (5.000%) Data Governance
Programming Languages
1 2 (10.00%) SQL
2 1 (5.000%) C#
2 1 (5.000%) PL/SQL
2 1 (5.000%) XPath
2 1 (5.000%) Korn
Qualifications
1 1 (5.000%) PMP
1 1 (5.000%) PMI Certification
Quality Assurance & Compliance
1 2 (10.00%) Basel II
2 1 (5.000%) QA
Vendors
1 4 (20.00%) Oracle
2 1 (5.000%) IBM
2 1 (5.000%) Netezza
2 1 (5.000%) Teradata
City of London
Description Markets & International Banking is the wholesale banking division of the Group with branches and trading activities located in numerous worldwide locations but principally the USA, Europe, and...
Huxley Associates
Rate: £600 - £700 per annum
Posted: 25 May 2013
City of London
Data Project Manager, London, Banking, Reference/Client Data, Transformation/Integration, £600-650 per day A key banking client in London urgently requires a Data PM to govern and...
Orgtel
Rate: £600 - £650 per day
Posted: 15 May 2013