The table below looks at the prevalence of the term Banking in IT contracts advertised for the East of England region. Included is a guide to the contractor rates offered in IT contracts that have cited Banking over the 3 months to 24 September 2016 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
24 Sep 2016
Same period 2015 Same period 2014
Banking
Rank 98 91 99
Rank change year-on-year
-7 +8
Contract jobs citing Banking 30 51 53
As % of all contract IT jobs located in the East of England 1.23% 1.77% 1.72%
As % of the General category 4.10% 5.81% 5.24%
Number of daily rates quoted 16 33 35
Median daily rate £450 £475 £425
Median daily rate % change year-on-year
-5.26% +11.76%
90% offered a daily rate of more than £203 £330 £211
10% offered a daily rate of more than £600 £650 £575
UK excluding London median daily rate £425 £425 £413
% change year-on-year
- +2.90%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £29.50 £14.63 £10.56
% change year-on-year
+101.70% +38.46%
Banking
England

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the East of England region.

General Category
East of England
Contract IT job ads with a match in the
General category
731 878 1011
As % of all contract IT jobs located in the East of England 30.02% 30.48% 32.84%
Number of daily rates quoted 428 407 568
Median daily rate £400 £400 £413
Median daily rate % change year-on-year
- -3.03%
90% offered a daily rate of more than £225 £225 £215
10% offered a daily rate of more than £550 £550 £550
UK excluding London median daily rate £400 £400 £396
% change year-on-year
- +1.01%
Number of hourly rates quoted 61 88 83
Median hourly rate £35.00 £32.25 £30.16
Median hourly rate % change year-on-year
+8.52% +6.92%
90% offered a hourly rate of more than £16.00 £10.00 £15.85
10% offered a hourly rate of more than £43.27 £42.50 £42.65
UK excluding London median hourly rate £21.16 £30.00 £25.00
% change year-on-year
-29.48% +20.00%

Banking
Jobs Demand Trend in the East of England

The demand trend of contract jobs across the East of England region citing Banking as a proportion of all IT contracts with a match in the General category.

Banking Jobs Demand Trend in the East of England

Banking
Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the East of England region.

Banking Daily Rate Trend in the East of England

Banking
Daily Rate Histogram in the East of England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the East of England region over the 3 months to 24 September 2016.

Banking Daily Rate Histogram in the East of England

Banking
Hourly Rate Trend in the East of England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the East of England region.

Banking Hourly Rate Trend in the East of England

Banking
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East of England region over the 3 months to 24 September 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Hertfordshire +2 11 £415 -12.63% 8
Essex +3 9 £431 +15.00% 5
Bedfordshire +1 7 £600 +60.00% 3
Cambridgeshire +1 2 £500 -9.09% 9
Suffolk +1 1 £300 -25.00% 1
Banking
England

Banking
Top 30 Related IT Skills in the East of England

For the 6 months to 24 September 2016, IT contractor jobs citing 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 East of England region with a requirement for Banking.

1 32 (50.00%) Finance
2 22 (34.38%) Retail
3 18 (28.13%) Agile Software Development
4 16 (25.00%) Project Management
5 12 (18.75%) Retail Banking
6 11 (17.19%) SQL
7 10 (15.63%) SDLC
8 9 (14.06%) Windows
8 9 (14.06%) Cisco
8 9 (14.06%) Migration
9 8 (12.50%) Scrum
9 8 (12.50%) DNS
9 8 (12.50%) Oracle
9 8 (12.50%) User Acceptance Testing
9 8 (12.50%) Integration Testing
10 7 (10.94%) Investment Management
10 7 (10.94%) Waterfall
10 7 (10.94%) Functional Testing
10 7 (10.94%) Programme Management
11 6 (9.38%) Telecoms
11 6 (9.38%) BIG-IP
11 6 (9.38%) Blue Coat
11 6 (9.38%) MPLS
11 6 (9.38%) CheckPoint
11 6 (9.38%) F5 BIG-IP LTM
11 6 (9.38%) F5 BIG-IP GTM
11 6 (9.38%) F5
11 6 (9.38%) Kanban
11 6 (9.38%) Cisco ASA
12 5 (7.81%) SWIFT

Banking
Top Related IT Skills in the East of England 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 4 (6.25%) WebLogic
2 1 (1.56%) Alfresco
2 1 (1.56%) BizTalk Server
2 1 (1.56%) SharePoint
2 1 (1.56%) Skype for Business
Applications
1 5 (7.81%) MS Excel
2 4 (6.25%) MS Project
2 4 (6.25%) MS Visio
3 2 (3.13%) MS Office
Business Applications
1 1 (1.56%) Dynamics CRM
1 1 (1.56%) SAP CO
1 1 (1.56%) SAP FI
1 1 (1.56%) SAP FI/CO
1 1 (1.56%) SAP Oil and Gas
1 1 (1.56%) Summit
1 1 (1.56%) VisionPLUS
Cloud Services
1 1 (1.56%) Microsoft Azure
1 1 (1.56%) Office 365
1 1 (1.56%) Yammer
Communications & Networking
1 8 (12.50%) DNS
2 6 (9.38%) BIG-IP
2 6 (9.38%) Cisco ASA
2 6 (9.38%) F5 BIG-IP GTM
2 6 (9.38%) F5 BIG-IP LTM
2 6 (9.38%) MPLS
3 5 (7.81%) Firewall
4 3 (4.69%) ATM
4 3 (4.69%) VPN
5 2 (3.13%) Extranet
5 2 (3.13%) NFC
5 2 (3.13%) SAN
5 2 (3.13%) SSL
Database & Business Intelligence
1 4 (6.25%) SQL Server
2 3 (4.69%) SQL Server Analysis Services
2 3 (4.69%) SQL Server Integration Services
2 3 (4.69%) SQL Server Reporting Services
3 2 (3.13%) Data Mining
4 1 (1.56%) MS Access
Development Applications
1 2 (3.13%) HP UFT
1 2 (3.13%) JIRA
General
1 32 (50.00%) Finance
2 22 (34.38%) Retail
3 12 (18.75%) Retail Banking
4 6 (9.38%) Telecoms
5 5 (7.81%) Legal
6 3 (4.69%) Automotive
7 1 (1.56%) Electronics
7 1 (1.56%) Manufacturing
7 1 (1.56%) Marketing
Job Titles
1 19 (29.69%) Analyst
2 10 (15.63%) Project Manager
2 10 (15.63%) Test Analyst
3 7 (10.94%) Network Engineer
4 5 (7.81%) Business Analyst
4 5 (7.81%) Designer
4 5 (7.81%) Financial Analyst
5 4 (6.25%) Developer
5 4 (6.25%) Service Analyst
5 4 (6.25%) Service Desk Analyst
6 3 (4.69%) Banking Analyst
6 3 (4.69%) Cisco Engineer
6 3 (4.69%) Cisco Network Engineer
6 3 (4.69%) ETL Developer
6 3 (4.69%) SQL Developer
6 3 (4.69%) Test Leader
7 2 (3.13%) Automation Test Analyst
7 2 (3.13%) Defect Manager
7 2 (3.13%) Migration Project Manager
7 2 (3.13%) Software Analyst
Libraries, Frameworks & Software Standards
1 5 (7.81%) Middleware
2 1 (1.56%) .NET
2 1 (1.56%) COM
2 1 (1.56%) XML
Miscellaneous
1 5 (7.81%) Analytical Skills
1 5 (7.81%) SWIFT
2 3 (4.69%) Computer Science
2 3 (4.69%) Data Integration
3 2 (3.13%) Contactless
3 2 (3.13%) Credit Risk
3 2 (3.13%) Data Centre
3 2 (3.13%) EMV
4 1 (1.56%) EPoS
4 1 (1.56%) Social Media
4 1 (1.56%) User Experience
Operating Systems
1 9 (14.06%) Windows
2 2 (3.13%) Linux
2 2 (3.13%) Red Hat Enterprise Linux
2 2 (3.13%) Solaris
2 2 (3.13%) Unix
2 2 (3.13%) Windows Server
Processes & Methodologies
1 18 (28.13%) Agile Software Development
2 16 (25.00%) Project Management
3 10 (15.63%) SDLC
4 9 (14.06%) Migration
5 8 (12.50%) Integration Testing
5 8 (12.50%) Scrum
5 8 (12.50%) User Acceptance Testing
6 7 (10.94%) Functional Testing
6 7 (10.94%) Investment Management
6 7 (10.94%) Programme Management
6 7 (10.94%) Waterfall
7 6 (9.38%) Kanban
8 5 (7.81%) Anti-Money Laundering
8 5 (7.81%) ERP
8 5 (7.81%) Presales
9 4 (6.25%) Continuous Improvement
9 4 (6.25%) Customer Engagement
9 4 (6.25%) Manual Testing
9 4 (6.25%) Product Management
9 4 (6.25%) Stakeholder Management
Programming Languages
1 11 (17.19%) SQL
2 5 (7.81%) Java
3 4 (6.25%) T-SQL
4 2 (3.13%) PL/SQL
4 2 (3.13%) Shell Script
5 1 (1.56%) C
5 1 (1.56%) VB
5 1 (1.56%) VBA
5 1 (1.56%) VBScript
Qualifications
1 4 (6.25%) ISEB
2 3 (4.69%) CCDA
2 3 (4.69%) CCNA
2 3 (4.69%) CCNP
2 3 (4.69%) Cisco Certification
3 2 (3.13%) ISTQB
4 1 (1.56%) Degree
4 1 (1.56%) GSEC
4 1 (1.56%) MBA
4 1 (1.56%) SAP Certification
Quality Assurance & Compliance
1 5 (7.81%) SEPA
2 2 (3.13%) PCI DSS
3 1 (1.56%) QA
3 1 (1.56%) Sarbanes-Oxley
System Software
1 2 (3.13%) iptables
1 2 (3.13%) Postfix
1 2 (3.13%) Sendmail
1 2 (3.13%) Virtual Machines
1 2 (3.13%) vSphere
Systems Management
1 2 (3.13%) Cobbler
1 2 (3.13%) HP Quality Center
1 2 (3.13%) Nagios
1 2 (3.13%) OSSEC
1 2 (3.13%) Puppet
Vendors
1 9 (14.06%) Cisco
2 8 (12.50%) Oracle
3 6 (9.38%) Blue Coat
3 6 (9.38%) CheckPoint
3 6 (9.38%) F5
4 5 (7.81%) Microsoft
5 4 (6.25%) HP
6 3 (4.69%) SAP
7 2 (3.13%) EMC
7 2 (3.13%) LogRhythm
7 2 (3.13%) Red Hat
7 2 (3.13%) ServiceNow
7 2 (3.13%) SolarWinds
7 2 (3.13%) Splunk
7 2 (3.13%) TippingPoint
8 1 (1.56%) Infor
8 1 (1.56%) Salesforce.com
8 1 (1.56%) Thunderhead