The table below looks at the statistics for Wealth Management skills in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited Wealth Management over the 3 months to 29 August 2014 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
29 Aug 2014
Same period 2013 Same period 2012
Wealth Management
Rank 69 65 -
Rank change year-on-year
-4 -
Contract jobs citing Wealth Management 8 2 0
As % of all contract IT jobs located in Edinburgh 0.67% 0.18% -
As % of the Processes & Methodologies category 0.87% 0.25% -
Number of daily rates quoted 5 1 0
Average daily rate
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£400 £475 -
Average daily rate % change year-on-year
-15.78% -
UK excluding London average daily rate £425 £500 £359
% change year-on-year
-15.00% +39.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £36.00 -
Wealth Management
Scotland

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Edinburgh region.

Processes & Methodologies Category
Edinburgh
Contract IT job ads with a match in the
Processes & Methodologies category
920 791 716
As % of all contract IT jobs located in Edinburgh 76.67% 71.71% 67.17%
Number of daily rates quoted 507 373 336
Average daily rate £400 £396 £360
Average daily rate % change year-on-year
+1.01% +10.00%
90% offered a daily rate of more than £275 £288 £250
10% offered a daily rate of more than £525 £525 £500
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 8 9 18
Average hourly rate £15.77 £21.75 £17.50
Average hourly rate % change year-on-year
-27.49% +24.28%
90% offered a hourly rate of more than £12.00 £5.00 £12.42
10% offered a hourly rate of more than £22.50 £35.00 £40.00
UK excluding London average hourly rate £25.50 £30.00 £31.00
% change year-on-year
-15.00% -3.22%

Wealth Management
Jobs Demand Trend in Edinburgh

This chart provides a 3-month moving total of IT contractor jobs citing Wealth Management across the Edinburgh region as a proportion of the total demand within the Processes & Methodologies category.

Wealth Management Jobs Demand Trend in Edinburgh

Wealth Management
Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Wealth Management across the Edinburgh region.

Wealth Management Daily Rate Trend in Edinburgh

Wealth Management
Top 21 Related IT Skills in Edinburgh

For the 6 months to 29 August 2014, IT contractor jobs across the Edinburgh region citing Wealth Management 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 Wealth Management.

1 6 (60.00%) Finance
2 3 (30.00%) Business Analysis
2 3 (30.00%) ISO 9001
3 2 (20.00%) Stakeholder Management
3 2 (20.00%) Agile Software Development
3 2 (20.00%) Banking
3 2 (20.00%) Private Banking
3 2 (20.00%) User Acceptance Testing
4 1 (10.00%) Investment Management
4 1 (10.00%) Solvency II
4 1 (10.00%) Degree
4 1 (10.00%) Credit Risk
4 1 (10.00%) Retail
4 1 (10.00%) Asset Management
4 1 (10.00%) Migration
4 1 (10.00%) BPR
4 1 (10.00%) SQL
4 1 (10.00%) Data Warehouse
4 1 (10.00%) Eclipse
4 1 (10.00%) Change Management
4 1 (10.00%) Workflow

Wealth Management
Top Related IT Skills in Edinburgh by Category

For the 6 months to 29 August 2014, IT contractor jobs across the Edinburgh region citing Wealth Management 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 Wealth Management. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (10.00%) Data Warehouse
Development Applications
1 1 (10.00%) Eclipse
General
1 6 (60.00%) Finance
2 2 (20.00%) Banking
2 2 (20.00%) Private Banking
3 1 (10.00%) Retail
Job Titles
1 6 (60.00%) Business Analyst
1 6 (60.00%) Analyst
2 4 (40.00%) Consultant
2 4 (40.00%) Business Consultant
3 3 (30.00%) Project Manager
4 1 (10.00%) Solvency II Project Manager
4 1 (10.00%) Communications Manager
Miscellaneous
1 1 (10.00%) Credit Risk
Processes & Methodologies
1 3 (30.00%) Business Analysis
2 2 (20.00%) Stakeholder Management
2 2 (20.00%) Agile Software Development
2 2 (20.00%) User Acceptance Testing
3 1 (10.00%) Investment Management
3 1 (10.00%) Asset Management
3 1 (10.00%) Migration
3 1 (10.00%) BPR
3 1 (10.00%) Change Management
3 1 (10.00%) Workflow
Programming Languages
1 1 (10.00%) SQL
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 3 (30.00%) ISO 9001
2 1 (10.00%) Solvency II