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 17 April 2014 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
17 Apr 2014
Same period 2013 Same period 2012
Wholesale Banking
Rank 206 186 190
Rank change year-on-year
-20 +4
Contract jobs citing Wholesale Banking 4 14 33
As % of all contract IT jobs located in the City of London 0.062% 0.23% 0.41%
As % of the General category 0.12% 0.40% 0.67%
Number of daily rates quoted 4 10 21
Average daily rate £575 £525 £403
Average daily rate % change year-on-year
+9.52% +30.43%
90% offered a daily rate of more than £454 £375 £350
10% offered a daily rate of more than £635 £680 £625
UK excluding London average daily rate £425 £378 £438
% change year-on-year
+12.58% -13.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
General Category
City of London
Contract IT job ads with a match in the
General category
3465 3499 4919
As % of all contract IT jobs located in the City of London 53.60% 56.34% 60.83%
Number of daily rates quoted 2555 2705 3656
Average daily rate £485 £475 £475
Average daily rate % change year-on-year
+2.10% -
90% offered a daily rate of more than £300 £315 £310
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 46 43 74
Average hourly rate £22.00 £20.00 £20.00
Average hourly rate % change year-on-year
+10.00% -
90% offered a hourly rate of more than £11.55 £11.00 £13.39
10% offered a hourly rate of more than £47.50 £30.00 £42.45
UK excluding London average hourly rate £25.00 £26.50 £25.00
% change year-on-year
-5.66% +6.00%
Wholesale Banking
London

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 17 April 2014.

Wholesale Banking Daily Rate Histogram in the City of London

Wholesale Banking
Top 30 Related IT Skills in the City of London

For the 6 months to 17 April 2014, 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 6 (100.00%) Banking
2 4 (66.67%) Investment Banking
3 3 (50.00%) Microsoft
4 2 (33.33%) Configuration Management
4 2 (33.33%) Finance
4 2 (33.33%) Active Directory
4 2 (33.33%) C#
4 2 (33.33%) Windows
4 2 (33.33%) Business Analysis
4 2 (33.33%) SCCM
4 2 (33.33%) PowerShell
4 2 (33.33%) Windows 7
5 1 (16.67%) International Banking
5 1 (16.67%) WebSphere
5 1 (16.67%) Technical Architecture
5 1 (16.67%) Taxonomies
5 1 (16.67%) Credit Risk
5 1 (16.67%) Market Risk
5 1 (16.67%) HP Quality Center
5 1 (16.67%) Derivative
5 1 (16.67%) Equity Derivative
5 1 (16.67%) Systems Analysis
5 1 (16.67%) UML
5 1 (16.67%) MS Visio
5 1 (16.67%) IBM
5 1 (16.67%) Oracle
5 1 (16.67%) Foreign Exchange (FX)
5 1 (16.67%) Legal
5 1 (16.67%) Fixed Income
5 1 (16.67%) Project Management

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

For the 6 months to 17 April 2014, 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 Platforms
1 1 (16.67%) WebSphere
Applications
1 1 (16.67%) MS Visio
General
1 6 (100.00%) Banking
2 4 (66.67%) Investment Banking
3 2 (33.33%) Finance
4 1 (16.67%) Legal
4 1 (16.67%) International Banking
Job Titles
1 3 (50.00%) Business Analyst
1 3 (50.00%) Analyst
2 2 (33.33%) Banking Business Analyst
3 1 (16.67%) Investment Banking Business Analyst
3 1 (16.67%) Project Manager
3 1 (16.67%) Senior Manager
3 1 (16.67%) Senior Project Manager
Miscellaneous
1 1 (16.67%) Foreign Exchange (FX)
1 1 (16.67%) Fixed Income
1 1 (16.67%) Derivative
1 1 (16.67%) Equity Derivative
1 1 (16.67%) Taxonomies
1 1 (16.67%) Credit Risk
1 1 (16.67%) Market Risk
Operating Systems
1 2 (33.33%) Windows
1 2 (33.33%) Windows 7
Processes & Methodologies
1 2 (33.33%) Configuration Management
1 2 (33.33%) Business Analysis
2 1 (16.67%) Technical Architecture
2 1 (16.67%) Project Management
2 1 (16.67%) Systems Analysis
2 1 (16.67%) UML
Programming Languages
1 2 (33.33%) C#
1 2 (33.33%) PowerShell
System Software
1 2 (33.33%) Active Directory
Systems Management
1 2 (33.33%) SCCM
2 1 (16.67%) HP Quality Center
Vendors
1 3 (50.00%) Microsoft
2 1 (16.67%) Oracle
2 1 (16.67%) IBM