The table below looks at the prevalence of the term Wholesale Banking in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Wholesale Banking over the 3 months to 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Wholesale Banking
Rank 601 585 577
Rank change year-on-year
-16 -8
Contract jobs citing Wholesale Banking 20 14 15
As % of all contract IT jobs located in England 0.039% 0.028% 0.030%
As % of the General category 0.11% 0.072% 0.077%
Number of daily rates quoted 12 10 8
Average daily rate £513 £470 £525
Average daily rate % change year-on-year
+9.04% -10.47%
90% offered a daily rate of more than £323 £370 £394
10% offered a daily rate of more than £649 £600 £615
UK excluding London average daily rate - - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Wholesale Banking
UK

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

General Category
England
Contract IT job ads with a match in the
General category
18996 19481 19434
As % of all contract IT jobs located in England 37.09% 38.49% 39.08%
Number of daily rates quoted 12769 12296 12296
Average daily rate £450 £450 £425
Average daily rate % change year-on-year
- +5.88%
90% offered a daily rate of more than £280 £280 £263
10% offered a daily rate of more than £625 £625 £625
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 429 479 539
Average hourly rate £25.00 £22.50 £24.00
Average hourly rate % change year-on-year
+11.11% -6.25%
90% offered a hourly rate of more than £11.53 £11.00 £12.00
10% offered a hourly rate of more than £46.20 £42.50 £47.50
UK excluding London average hourly rate £28.00 £25.00 £25.00
% change year-on-year
+12.00% -

Wholesale Banking
Jobs Demand Trend in England

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

Wholesale Banking Jobs Demand Trend in England

Wholesale Banking
Daily Rate Trend in England

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

Wholesale Banking Daily Rate Trend in England

Wholesale Banking
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking across the England region over the 3 months to 29 April 2016.

Wholesale Banking Daily Rate Histogram in England

Wholesale Banking
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Wholesale Banking within the England region over the 3 months to 29 April 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
(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
London -11 13 £513 +9.04% 3
South East -8 7 - -
Wholesale Banking
UK

Wholesale Banking
Top 30 Related IT Skills in England

For the 6 months to 29 April 2016, IT contractor jobs across the England 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 36 (100.00%) Banking
2 25 (69.44%) Finance
3 14 (38.89%) Business Analysis
4 9 (25.00%) Project Management
4 9 (25.00%) Java
5 8 (22.22%) Agile Software Development
5 8 (22.22%) Derivative
6 7 (19.44%) MiFID
6 7 (19.44%) Oracle
7 6 (16.67%) Six Sigma
7 6 (16.67%) PRINCE
7 6 (16.67%) Data Warehouse
7 6 (16.67%) JMS
7 6 (16.67%) JUnit
7 6 (16.67%) PRINCE2
7 6 (16.67%) TDD
7 6 (16.67%) Equities
7 6 (16.67%) Hibernate
7 6 (16.67%) Fixed Income
7 6 (16.67%) Stakeholder Management
7 6 (16.67%) Spring
7 6 (16.67%) Integration Testing
7 6 (16.67%) People Management
7 6 (16.67%) System Integration Testing
7 6 (16.67%) Collateral Management
8 5 (13.89%) User Acceptance Testing
8 5 (13.89%) Investment Banking
8 5 (13.89%) QA
8 5 (13.89%) Scrum
9 4 (11.11%) Front Office

Wholesale Banking
Top Related IT Skills in England by Category

For the 6 months to 29 April 2016, IT contractor jobs across the England 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 3 (8.33%) JBoss
1 3 (8.33%) Jetty
2 2 (5.56%) Apache Spark
Applications
1 2 (5.56%) MS Office
1 2 (5.56%) MS Visio
2 1 (2.78%) MS Excel
2 1 (2.78%) MS PowerPoint
Business Applications
1 2 (5.56%) Global One
1 2 (5.56%) Loan IQ
2 1 (2.78%) Oracle Cash Management
Database & Business Intelligence
1 6 (16.67%) Data Warehouse
2 3 (8.33%) Relational Database
3 2 (5.56%) Apache Cassandra
3 2 (5.56%) Hadoop
4 1 (2.78%) DB2
4 1 (2.78%) IMS/DB
4 1 (2.78%) SQL Server
Development Applications
1 6 (16.67%) JUnit
2 3 (8.33%) Cucumber
2 3 (8.33%) Eclipse
2 3 (8.33%) Git (software)
2 3 (8.33%) Jenkins
2 3 (8.33%) jMock
2 3 (8.33%) Maven
2 3 (8.33%) Subversion
General
1 36 (100.00%) Banking
2 25 (69.44%) Finance
3 5 (13.89%) Investment Banking
4 4 (11.11%) Back Office
4 4 (11.11%) Front Office
5 2 (5.56%) Law
6 1 (2.78%) Corporate Banking
Job Titles
1 16 (44.44%) Analyst
2 12 (33.33%) Business Analyst
3 10 (27.78%) Banking Analyst
4 8 (22.22%) Banking Business Analyst
5 7 (19.44%) Developer
6 6 (16.67%) Consultant
6 6 (16.67%) Java Developer
6 6 (16.67%) MiFID Consultant
7 4 (11.11%) Architect
8 3 (8.33%) Commodities Java Developer
8 3 (8.33%) Risk Analyst
9 2 (5.56%) Data Business Analyst
9 2 (5.56%) Data Warehouse Business Analyst
9 2 (5.56%) Front Office Developer
9 2 (5.56%) Java Scala Developer
9 2 (5.56%) Payments Business Analyst
9 2 (5.56%) Scala Developer
9 2 (5.56%) Solutions Architect
9 2 (5.56%) Technical Analyst
9 2 (5.56%) Technical Architect
Libraries, Frameworks & Software Standards
1 6 (16.67%) Hibernate
1 6 (16.67%) JMS
1 6 (16.67%) Spring
2 3 (8.33%) Ajax
2 3 (8.33%) Akka
2 3 (8.33%) AngularJS
2 3 (8.33%) Ehcache
2 3 (8.33%) J2EE
2 3 (8.33%) Java EE
2 3 (8.33%) jQuery
2 3 (8.33%) RESTful
2 3 (8.33%) SOAP
2 3 (8.33%) Spring MVC
2 3 (8.33%) WebSockets
2 3 (8.33%) WebSphere MQ
Miscellaneous
1 8 (22.22%) Derivative
2 6 (16.67%) Equities
2 6 (16.67%) Fixed Income
3 3 (8.33%) Analytical Skills
4 2 (5.56%) Enterprise Software
4 2 (5.56%) Fintech
5 1 (2.78%) AS400
5 1 (2.78%) Credit Risk
5 1 (2.78%) Mainframe
5 1 (2.78%) Management Information System
5 1 (2.78%) Market Risk
Operating Systems
1 1 (2.78%) AIX
1 1 (2.78%) zOS
Processes & Methodologies
1 14 (38.89%) Business Analysis
2 9 (25.00%) Project Management
3 8 (22.22%) Agile Software Development
4 6 (16.67%) Collateral Management
4 6 (16.67%) Integration Testing
4 6 (16.67%) People Management
4 6 (16.67%) PRINCE
4 6 (16.67%) PRINCE2
4 6 (16.67%) Six Sigma
4 6 (16.67%) Stakeholder Management
4 6 (16.67%) System Integration Testing
4 6 (16.67%) TDD
5 5 (13.89%) Scrum
5 5 (13.89%) User Acceptance Testing
6 4 (11.11%) Cash Management
7 3 (8.33%) Domain-Driven Design
7 3 (8.33%) Extreme Programming
7 3 (8.33%) OO
7 3 (8.33%) OOA/OOD
7 3 (8.33%) SDLC
Programming Languages
1 9 (25.00%) Java
2 3 (8.33%) PL/SQL
2 3 (8.33%) SQL
3 2 (5.56%) Haskell
3 2 (5.56%) Scala
4 1 (2.78%) Assembly Language
4 1 (2.78%) COBOL
4 1 (2.78%) JCL
4 1 (2.78%) REXX
4 1 (2.78%) RPG
Qualifications
1 1 (2.78%) Degree
Quality Assurance & Compliance
1 7 (19.44%) MiFID
2 5 (13.89%) QA
3 2 (5.56%) ISO20022
4 1 (2.78%) Dodd-Frank
4 1 (2.78%) EMIR
4 1 (2.78%) FATCA
Systems Management
1 1 (2.78%) HP Quality Center
Vendors
1 7 (19.44%) Oracle
2 4 (11.11%) IBM
2 4 (11.11%) Microsoft
3 2 (5.56%) Calypso
3 2 (5.56%) Fundtech
3 2 (5.56%) Murex
4 1 (2.78%) Perforce