The table below looks at the prevalence of the term Online Banking in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Online Banking over the 3 months to 5 May 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
5 May 2015
Same period 2014 Same period 2013
Online Banking (Internet Banking)
Rank 366 369 327
Rank change year-on-year
+3 -42
Contract jobs citing Online Banking 34 46 61
As % of all contract IT jobs located in London 0.15% 0.20% 0.28%
As % of the Miscellaneous category 0.43% 0.53% 0.73%
Number of daily rates quoted 28 42 43
Average daily rate
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£490 £413 £510
Average daily rate % change year-on-year
+18.78% -19.11%
90% offered a daily rate of more than £400 £345 £288
10% offered a daily rate of more than £615 £598 £650
UK excluding London average daily rate £363 £500 £423
% change year-on-year
-27.50% +18.34%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Online Banking
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7846 8750 8397
As % of all contract IT jobs located in London 34.89% 37.49% 38.81%
Number of daily rates quoted 5365 6203 5801
Average daily rate £475 £450 £473
Average daily rate % change year-on-year
+5.55% -4.76%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 129 145 170
Average hourly rate £17.87 £21.00 £25.70
Average hourly rate % change year-on-year
-14.92% -18.28%
90% offered a hourly rate of more than £13.00 £14.00 £15.00
10% offered a hourly rate of more than £52.65 £41.00 £54.00
UK excluding London average hourly rate £19.50 £22.50 £22.50
% change year-on-year
-13.33% -

Online Banking
Jobs Demand Trend in London

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

Online Banking Jobs Demand Trend in London

Online Banking
Daily Rate Trend in London

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

Online Banking Daily Rate Trend in London

Online Banking
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Online Banking across the London region over the 3 months to 5 May 2015.

Online Banking Daily Rate Histogram in London

Online Banking
Hourly Rate Trend in London

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

Online Banking Hourly Rate Trend in London

Online Banking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Online Banking within the London region over the 3 months to 5 May 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
City of London +11 10 £488 +25.80% 1
Online Banking
England

Online Banking
Top 30 Related IT Skills in London

For the 6 months to 5 May 2015, IT contractor jobs across the London region citing Online 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 Online Banking.

1 59 (100.00%) Banking
2 30 (50.85%) Retail
3 27 (45.76%) Finance
4 25 (42.37%) Internet
5 24 (40.68%) Retail Banking
6 16 (27.12%) Agile Software Development
7 13 (22.03%) Project Management
7 13 (22.03%) Mobile Banking
7 13 (22.03%) User Experience
8 11 (18.64%) Mobile App
9 10 (16.95%) Performance Improvement
10 8 (13.56%) E-Commerce
10 8 (13.56%) Migration
10 8 (13.56%) Stakeholder Management
11 6 (10.17%) Waterfall
11 6 (10.17%) Telecoms
11 6 (10.17%) Scrum
11 6 (10.17%) Business Analysis
11 6 (10.17%) QA
12 5 (8.47%) Marketing
13 4 (6.78%) Photography
13 4 (6.78%) Stakeholder Engagement
13 4 (6.78%) Software Delivery
13 4 (6.78%) Change Management
13 4 (6.78%) HTML
14 3 (5.08%) JavaScript
14 3 (5.08%) CSS
14 3 (5.08%) Law
14 3 (5.08%) CRM
14 3 (5.08%) Content Management

Online Banking
Top Related IT Skills in London by Category

For the 6 months to 5 May 2015, IT contractor jobs across the London region citing Online 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 Online Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (1.69%) CMS
1 1 (1.69%) Confluence
1 1 (1.69%) Adobe Experience Manager
Business Applications
1 1 (1.69%) Temenos T24
Communications & Networking
1 25 (42.37%) Internet
2 2 (3.39%) Network Security
3 1 (1.69%) ATM
3 1 (1.69%) HTTP
Development Applications
1 1 (1.69%) TestDirector
1 1 (1.69%) QuickTest Pro
1 1 (1.69%) JIRA
General
1 59 (100.00%) Banking
2 30 (50.85%) Retail
3 27 (45.76%) Finance
4 24 (40.68%) Retail Banking
5 6 (10.17%) Telecoms
6 5 (8.47%) Marketing
7 3 (5.08%) Law
8 2 (3.39%) Legal
9 1 (1.69%) Back Office
9 1 (1.69%) Corporate Banking
9 1 (1.69%) Private Banking
Job Titles
1 16 (27.12%) Project Manager
2 11 (18.64%) Analyst
3 7 (11.86%) Business Analyst
3 7 (11.86%) Designer
4 6 (10.17%) Business Manager
5 5 (8.47%) Programme Manager
6 4 (6.78%) Architect
6 4 (6.78%) Solutions Architect
7 3 (5.08%) Security Architect
7 3 (5.08%) Visual Designer
7 3 (5.08%) Security Solutions Architect
7 3 (5.08%) UX Designer
8 2 (3.39%) Banking Business Analyst
8 2 (3.39%) Digital Project Manager
8 2 (3.39%) Agile Project Manager
8 2 (3.39%) Implementation Manager
9 1 (1.69%) Test Analyst
9 1 (1.69%) Consultant
9 1 (1.69%) Infrastructure Project Manager
9 1 (1.69%) UAT Analyst
Libraries, Frameworks & Software Standards
1 4 (6.78%) HTML
2 3 (5.08%) CSS
3 1 (1.69%) WebCenter
Miscellaneous
1 13 (22.03%) Mobile Banking
1 13 (22.03%) User Experience
2 11 (18.64%) Mobile App
3 4 (6.78%) Photography
4 2 (3.39%) Cryptography
4 2 (3.39%) Copywriting
4 2 (3.39%) PKI
4 2 (3.39%) Biometrics
5 1 (1.69%) Mainframe
5 1 (1.69%) Foreign Exchange (FX)
5 1 (1.69%) Derivative
5 1 (1.69%) Credit Risk
5 1 (1.69%) Computer Science
5 1 (1.69%) Analytical Skills
5 1 (1.69%) Mobile Payment
Processes & Methodologies
1 16 (27.12%) Agile Software Development
2 13 (22.03%) Project Management
3 10 (16.95%) Performance Improvement
4 8 (13.56%) E-Commerce
4 8 (13.56%) Migration
4 8 (13.56%) Stakeholder Management
5 6 (10.17%) Waterfall
5 6 (10.17%) Scrum
5 6 (10.17%) Business Analysis
6 4 (6.78%) Stakeholder Engagement
6 4 (6.78%) Software Delivery
6 4 (6.78%) Change Management
7 3 (5.08%) CRM
7 3 (5.08%) Content Management
7 3 (5.08%) People Management
7 3 (5.08%) Continuous Improvement
7 3 (5.08%) Data Analysis
7 3 (5.08%) Agile Project Management
7 3 (5.08%) User Stories
7 3 (5.08%) User Acceptance Testing
Programming Languages
1 3 (5.08%) JavaScript
Qualifications
1 1 (1.69%) Degree
Quality Assurance & Compliance
1 6 (10.17%) QA
2 1 (1.69%) Sarbanes-Oxley
2 1 (1.69%) EMIR
Systems Management
1 1 (1.69%) HP Quality Center
Vendors
1 1 (1.69%) Oracle
1 1 (1.69%) Adobe
1 1 (1.69%) Temenos
1 1 (1.69%) HP
1 1 (1.69%) CA
City of London
Interquest - IQ Telecom
Rate: £450 - £500 per day
Posted: 20 days ago