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This section looks at the prevalence of the term 'Banking' in contract IT jobs within the Essex region together with a comparison to our General terms category. Included is a guide to the contractor rates offered in IT jobs that have cited Banking over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkBanking
Location
3 months to 25 Jul 2008Same period last year
Rank4846
Rank change on same period last yearDown-2
Matching contract IT job ads814
As % of all UK contract IT job ads sampled0.011 %0.014 %
As % of the category below2.640 %5.907 %
Daily rates quoted73
Average minimum daily rate£400£400
Average daily rate£440£425
% change on same period last year+3.61 %
Average maximum daily rate£481£450
UK excluding London average daily rate£406£380
% change on same period last year+6.97 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate£26.10£28.83
% change on same period last year-9.48 %
Essex IT Contractor Job Market, GeneralGeneral
Essex
Matching contract IT job ads303237
As % of all UK contract IT job ads sampled0.404 %0.240 %
Daily rates quoted11385
Average minimum daily rate£346£338
Average daily rate£368£361
% change on same period last year+1.81 %
Average maximum daily rate£389£384
UK excluding London average daily rate£383£374
% change on same period last year+2.49 %
Hourly rates quoted4628
Average minimum hourly rate£27.96£29.60
Average hourly rate£30.02£30.43
% change on same period last year-1.35 %
Average maximum hourly rate£32.08£31.26
UK excluding London average hourly rate£26.78£27.25
% change on same period last year-1.70 %
Banking East of EnglandBanking
East of England

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Banking
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Banking across the Essex region as a proportion of the total demand within the General category.

Essex Banking Demand Trend

Banking
Daily Rate Trend

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

Essex Banking Daily Rate Trend

Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Essex region over the 3 months to 25 July 2008.

Essex Banking Daily Rate Histogram

Banking
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Essex region.

Essex Banking Hourly Rate Trend

Banking
Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Essex region over the 3 months to 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
BrentwoodNew entry-1£700-
Banking East of EnglandBanking
East of England

Banking
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the Essex region citing 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 Banking.

18 (47.06 %)Finance
25 (29.41 %)Financial Institution
34 (23.53 %)Sophis
34 (23.53 %)Sophis RISQUE
34 (23.53 %)Adaptiv
34 (23.53 %)FRONT ARENA
34 (23.53 %)Business Analysis
34 (23.53 %)SimCorp
34 (23.53 %)SimCorp Dimension
34 (23.53 %)SunGard Martini
34 (23.53 %)SunGard AvantGard
34 (23.53 %)SunGard
34 (23.53 %)StatPro
34 (23.53 %)HiInvest
34 (23.53 %)HiPortfolio
34 (23.53 %)Thomson PORTIA
34 (23.53 %)Sophis VALUE
34 (23.53 %)InvestOne
34 (23.53 %)Advent
34 (23.53 %)Advent Geneva
34 (23.53 %)Back Office
43 (17.65 %)User Acceptance Testing
52 (11.76 %)Front Office
52 (11.76 %)Insurance
52 (11.76 %)Degree
52 (11.76 %)Marketing
52 (11.76 %)Derivative
52 (11.76 %)Equity Derivative
52 (11.76 %)Oracle
52 (11.76 %)SAP

Banking
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the Essex region citing 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 Banking. Up to 20 skills are shown per category.

Essex IT Contractor Job Market, Application DevelopmentApplication Development
11 (5.882 %)HTML
11 (5.882 %)CSS
11 (5.882 %)XML
11 (5.882 %)XHTML
Essex IT Contractor Job Market, Application PlatformsApplication Platforms
11 (5.882 %)SharePoint
11 (5.882 %)CMS
11 (5.882 %)MindAlign
Essex IT Contractor Job Market, ApplicationsApplications
11 (5.882 %)Photoshop
11 (5.882 %)MS Project
11 (5.882 %)MS Visio
Essex IT Contractor Job Market, Business ApplicationsBusiness Applications
14 (23.53 %)HiInvest
14 (23.53 %)HiPortfolio
14 (23.53 %)Sophis RISQUE
14 (23.53 %)Adaptiv
14 (23.53 %)FRONT ARENA
14 (23.53 %)SimCorp Dimension
14 (23.53 %)SunGard Martini
14 (23.53 %)SunGard AvantGard
14 (23.53 %)Thomson PORTIA
14 (23.53 %)Sophis VALUE
14 (23.53 %)InvestOne
14 (23.53 %)Advent Geneva
Essex IT Contractor Job Market, Communications & NetworkingCommunications & Networking
11 (5.882 %)Intranet
11 (5.882 %)Internet
Essex IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
11 (5.882 %)Crystal Reports
11 (5.882 %)BusinessObjects
Essex IT Contractor Job Market, Development ApplicationsDevelopment Applications
12 (11.76 %)Rational Rose
21 (5.882 %)Dreamweaver
21 (5.882 %)TestDirector
Essex IT Contractor Job Market, GeneralGeneral
18 (47.06 %)Finance
25 (29.41 %)Financial Institution
34 (23.53 %)Back Office
42 (11.76 %)Marketing
42 (11.76 %)Front Office
42 (11.76 %)Insurance
51 (5.882 %)Retail Banking
51 (5.882 %)Government
51 (5.882 %)Retail
51 (5.882 %)Investment Banking
Essex IT Contractor Job Market, Job TitlesJob Titles
110 (58.82 %)Analyst
26 (35.29 %)Business Analyst
34 (23.53 %)Banking Business Analyst
43 (17.65 %)Business Project Manager
43 (17.65 %)Business Manager
43 (17.65 %)Project Manager
52 (11.76 %)Trainer
52 (11.76 %)Test Analyst
61 (5.882 %)Data Architect
61 (5.882 %)Administrator
61 (5.882 %)Test Team Leader
61 (5.882 %)Team Leader
61 (5.882 %)Information Analyst
61 (5.882 %)Web Administrator
61 (5.882 %)Architect
61 (5.882 %)Management Information Analyst
61 (5.882 %)Test Manager
61 (5.882 %)PMO Analyst
Essex IT Contractor Job Market, MiscellaneousMiscellaneous
12 (11.76 %)Derivative
12 (11.76 %)Equity Derivative
21 (5.882 %)Blog
21 (5.882 %)Podcast
21 (5.882 %)Mainframe
21 (5.882 %)Management Information System
21 (5.882 %)Streaming Media
Essex IT Contractor Job Market, Operating SystemsOperating Systems
11 (5.882 %)Windows
11 (5.882 %)VME
Essex IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
14 (23.53 %)Business Analysis
23 (17.65 %)User Acceptance Testing
32 (11.76 %)UML
41 (5.882 %)Business Intelligence
41 (5.882 %)PRINCE
41 (5.882 %)Migration
41 (5.882 %)Asset Management
41 (5.882 %)Content Management
41 (5.882 %)Business Development
41 (5.882 %)Wealth Management
Essex IT Contractor Job Market, Programming LanguagesProgramming Languages
11 (5.882 %)SQL
11 (5.882 %)VBA
Essex IT Contractor Job Market, QualificationsQualifications
12 (11.76 %)Degree
21 (5.882 %)PRINCE2 Certification
Essex IT Contractor Job Market, VendorsVendors
14 (23.53 %)SunGard
14 (23.53 %)StatPro
14 (23.53 %)Sophis
14 (23.53 %)SimCorp
14 (23.53 %)Advent
22 (11.76 %)Oracle
22 (11.76 %)SAP
31 (5.882 %)Adobe
31 (5.882 %)Sun
31 (5.882 %)Business Objects
31 (5.882 %)ICL
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