The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the East of England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 17 April 2015 with a comparison to the same period in 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.

Location
3 months to
17 Apr 2015
Same period 2014 Same period 2013
Financial Institution
Rank 127 137 99
Rank change year-on-year
+10 -38
Contract jobs citing Financial Institution 3 12 13
As % of all contract IT jobs located in the East of England 0.11% 0.38% 0.56%
As % of the General category 0.38% 1.13% 1.65%
Number of daily rates quoted 3 4 1
Average daily rate
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£425 £323 £245
Average daily rate % change year-on-year
+31.78% +31.63%
UK excluding London average daily rate £423 £365 £375
% change year-on-year
+15.75% -2.66%
Number of hourly rates quoted 0 6 1
Average hourly rate - £11.50 £30.00
Average hourly rate % change year-on-year
- -61.66%
UK excluding London average hourly rate £16.00 £12.00 £20.50
% change year-on-year
+33.33% -41.46%
Financial Institution
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
782 1061 786
As % of all contract IT jobs located in the East of England 29.38% 33.59% 34.14%
Number of daily rates quoted 453 571 385
Average daily rate £425 £400 £375
Average daily rate % change year-on-year
+6.25% +6.66%
90% offered a daily rate of more than £230 £244 £233
10% offered a daily rate of more than £625 £550 £500
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 44 65 71
Average hourly rate £38.75 £30.00 £31.50
Average hourly rate % change year-on-year
+29.16% -4.76%
90% offered a hourly rate of more than £13.50 £12.00 £14.35
10% offered a hourly rate of more than £42.50 £45.00 £45.00
UK excluding London average hourly rate £24.50 £25.00 £27.50
% change year-on-year
-2.00% -9.09%

Financial Institution
Jobs Demand Trend in the East of England

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the East of England region as a proportion of the total demand within the General category.

Financial Institution Jobs Demand Trend in the East of England

Financial Institution
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 Financial Institution across the East of England region.

Financial Institution Daily Rate Trend in the East of England

Financial Institution
Daily Rate Histogram in the East of England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the East of England region over the 3 months to 17 April 2015.

Financial Institution Daily Rate Histogram in the East of England

Financial Institution
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 Financial Institution across the East of England region.

Financial Institution Hourly Rate Trend in the East of England

Financial Institution
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Financial Institution within the East of England region over the 3 months to 17 April 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Hertfordshire +8 1 £145 -39.58%
Cambridgeshire - 1 £425 - 1
Essex - - - -
Suffolk - - - - 2
Bedfordshire - - - -
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the East of England

For the 6 months to 17 April 2015, IT contractor jobs across the East of England region citing Financial Institution 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 Financial Institution.

1 5 (100.00%) Finance
2 3 (60.00%) SQL
3 2 (40.00%) Oracle Database
3 2 (40.00%) Oracle
3 2 (40.00%) ETL
4 1 (20.00%) Ajax
4 1 (20.00%) Statistics
4 1 (20.00%) Operations Research
4 1 (20.00%) Java EE
4 1 (20.00%) JIRA
4 1 (20.00%) Mathematics
4 1 (20.00%) Applied Mathematics
4 1 (20.00%) Computer Science
4 1 (20.00%) BusinessObjects XI
4 1 (20.00%) BusinessObjects Web Intelligence
4 1 (20.00%) Multithreading
4 1 (20.00%) SAS Enterprise Miner
4 1 (20.00%) Hadoop
4 1 (20.00%) Predictive Modelling
4 1 (20.00%) R
4 1 (20.00%) Cyber Security
4 1 (20.00%) Oracle ODI
4 1 (20.00%) SAS
4 1 (20.00%) ISO 9001
4 1 (20.00%) SLA
4 1 (20.00%) Microsoft
4 1 (20.00%) Oracle Database 10g
4 1 (20.00%) BusinessObjects
4 1 (20.00%) Sun Certification
4 1 (20.00%) BEA

Financial Institution
Top Related IT Skills in the East of England by Category

For the 6 months to 17 April 2015, IT contractor jobs across the East of England region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 1 (20.00%) WebLogic
1 1 (20.00%) SAS
1 1 (20.00%) WebLogic Portal
Applications
1 1 (20.00%) MS Office
Database & Business Intelligence
1 2 (40.00%) Oracle Database
2 1 (20.00%) Relational Database
2 1 (20.00%) Crystal Reports
2 1 (20.00%) Oracle Database 10g
2 1 (20.00%) BusinessObjects
2 1 (20.00%) BusinessObjects XI
2 1 (20.00%) BusinessObjects Web Intelligence
2 1 (20.00%) SAS Enterprise Miner
2 1 (20.00%) Hadoop
2 1 (20.00%) Oracle ODI
Development Applications
1 1 (20.00%) Subversion
1 1 (20.00%) Maven
1 1 (20.00%) JIRA
General
1 5 (100.00%) Finance
Job Titles
1 2 (40.00%) Developer
1 2 (40.00%) Analyst
1 2 (40.00%) MI Analyst
2 1 (20.00%) Java/J2EE Developer
2 1 (20.00%) IT Security Engineer
2 1 (20.00%) Data Scientist
2 1 (20.00%) Business Developer
2 1 (20.00%) Java Developer
2 1 (20.00%) Analyst Developer
2 1 (20.00%) Security Engineer
2 1 (20.00%) Business Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) J2EE
1 1 (20.00%) EJB
1 1 (20.00%) Web Services
1 1 (20.00%) XML
1 1 (20.00%) Hibernate
1 1 (20.00%) Spring
1 1 (20.00%) JSF
1 1 (20.00%) Ajax
1 1 (20.00%) Java EE
Miscellaneous
1 1 (20.00%) Economics
1 1 (20.00%) Statistics
1 1 (20.00%) Mathematics
1 1 (20.00%) Applied Mathematics
1 1 (20.00%) Computer Science
1 1 (20.00%) Algorithms
Processes & Methodologies
1 2 (40.00%) ETL
2 1 (20.00%) Project Management
2 1 (20.00%) Agile Software Development
2 1 (20.00%) TDD
2 1 (20.00%) Business Analysis
2 1 (20.00%) Operations Research
2 1 (20.00%) Multithreading
2 1 (20.00%) Predictive Modelling
2 1 (20.00%) Cyber Security
2 1 (20.00%) Mentoring
2 1 (20.00%) UML
2 1 (20.00%) OOA/OOD
2 1 (20.00%) OO
2 1 (20.00%) SOA
Programming Languages
1 3 (60.00%) SQL
2 1 (20.00%) Python
2 1 (20.00%) R
2 1 (20.00%) Java
2 1 (20.00%) PL/SQL
Qualifications
1 1 (20.00%) Sun Certification
Quality Assurance & Compliance
1 1 (20.00%) ISO 9001
1 1 (20.00%) SLA
Vendors
1 2 (40.00%) Oracle
2 1 (20.00%) Business Objects
2 1 (20.00%) Microsoft
2 1 (20.00%) BEA
2 1 (20.00%) Informatica
2 1 (20.00%) Symantec
2 1 (20.00%) Teradata