The table below looks at the prevalence of the term Wholesale 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 Wholesale Banking over the 3 months to 13 February 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.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
Wholesale Banking
Rank 395 397 393
Rank change year-on-year
+2 -4
Contract jobs citing Wholesale Banking 13 9 13
As % of all contract IT jobs located in London 0.062% 0.043% 0.059%
As % of the General category 0.14% 0.094% 0.12%
Number of daily rates quoted 5 8 10
Average daily rate £650 £375 £550
Average daily rate % change year-on-year
+73.33% -31.81%
UK excluding London average daily rate - £409 £350
% change year-on-year
- +16.78%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Wholesale Banking
England

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

General Category
London
Contract IT job ads with a match in the
General category
9514 9581 10415
As % of all contract IT jobs located in London 45.61% 45.69% 47.44%
Number of daily rates quoted 6705 6917 7273
Average daily rate £500 £475 £493
Average daily rate % change year-on-year
+5.26% -3.55%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £640 £650
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 107 96 184
Average hourly rate £26.93 £20.00 £22.50
Average hourly rate % change year-on-year
+34.62% -11.11%
90% offered a hourly rate of more than £11.70 £12.50 £14.50
10% offered a hourly rate of more than £55.00 £40.00 £88.00
UK excluding London average hourly rate £32.00 £26.00 £21.50
% change year-on-year
+23.07% +20.93%

Wholesale Banking
Jobs Demand Trend in London

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

Wholesale Banking Jobs Demand Trend in London

Wholesale Banking
Daily Rate Trend in London

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

Wholesale Banking Daily Rate Trend in London

Wholesale 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 Wholesale Banking within the London region over the 3 months to 13 February 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
City of London +47 1 - - 3
Wholesale Banking
England

Wholesale Banking
Top 30 Related IT Skills in London

For the 6 months to 13 February 2016, IT contractor jobs across the London 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 28 (100.00%) Banking
2 23 (82.14%) Finance
3 9 (32.14%) Business Analysis
4 8 (28.57%) Derivative
4 8 (28.57%) Stakeholder Management
4 8 (28.57%) Back Office
4 8 (28.57%) Project Management
5 7 (25.00%) Oracle
5 7 (25.00%) Investment Banking
5 7 (25.00%) MiFID
6 6 (21.43%) QA
6 6 (21.43%) Agile Software Development
6 6 (21.43%) People Management
6 6 (21.43%) Java
6 6 (21.43%) PRINCE2
6 6 (21.43%) PRINCE
6 6 (21.43%) Six Sigma
6 6 (21.43%) Fixed Income
6 6 (21.43%) Equities
6 6 (21.43%) Collateral Management
7 5 (17.86%) Scrum
7 5 (17.86%) SQL
7 5 (17.86%) Front Office
8 4 (14.29%) TDD
8 4 (14.29%) Spring
8 4 (14.29%) SDLC
8 4 (14.29%) JUnit
8 4 (14.29%) JMS
8 4 (14.29%) Hibernate
9 3 (10.71%) JBoss

Wholesale Banking
Top Related IT Skills in London by Category

For the 6 months to 13 February 2016, IT contractor jobs across the London 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 (10.71%) JBoss
1 3 (10.71%) Jetty
2 2 (7.14%) Apache Spark
2 2 (7.14%) SAS
Applications
1 1 (3.57%) MS Office
Business Applications
1 2 (7.14%) Global One
1 2 (7.14%) Loan IQ
1 2 (7.14%) Oracle Financials
Communications & Networking
1 1 (3.57%) Firewall
Database & Business Intelligence
1 3 (10.71%) Relational Database
2 2 (7.14%) Apache Cassandra
2 2 (7.14%) Hadoop
3 1 (3.57%) BusinessObjects
Development Applications
1 4 (14.29%) JUnit
2 3 (10.71%) Eclipse
2 3 (10.71%) Git (software)
2 3 (10.71%) Jenkins
2 3 (10.71%) Maven
2 3 (10.71%) Subversion
3 2 (7.14%) HP UFT
4 1 (3.57%) Cucumber
4 1 (3.57%) jMock
General
1 28 (100.00%) Banking
2 23 (82.14%) Finance
3 8 (28.57%) Back Office
4 7 (25.00%) Investment Banking
5 5 (17.86%) Front Office
6 1 (3.57%) Law
Job Titles
1 11 (39.29%) Analyst
2 7 (25.00%) Banking Analyst
3 6 (21.43%) Business Analyst
3 6 (21.43%) Consultant
3 6 (21.43%) Developer
3 6 (21.43%) Java Developer
3 6 (21.43%) MiFID Consultant
4 3 (10.71%) Commodities Java Developer
4 3 (10.71%) Risk Analyst
4 3 (10.71%) Test Analyst
5 2 (7.14%) Architect
5 2 (7.14%) Back Office Business Analyst
5 2 (7.14%) Credit Analyst
5 2 (7.14%) Front Office Developer
5 2 (7.14%) Regulatory Business Analyst
5 2 (7.14%) Regulatory Reporting Business Analyst
5 2 (7.14%) Report Analyst
5 2 (7.14%) SAS Analyst
5 2 (7.14%) Solutions Architect
5 2 (7.14%) Test Manager
Libraries, Frameworks & Software Standards
1 4 (14.29%) Hibernate
1 4 (14.29%) JMS
1 4 (14.29%) Spring
2 3 (10.71%) Ehcache
2 3 (10.71%) J2EE
2 3 (10.71%) RESTful
2 3 (10.71%) SOAP
2 3 (10.71%) WebSockets
3 1 (3.57%) Ajax
3 1 (3.57%) Java EE
3 1 (3.57%) jQuery
3 1 (3.57%) Spring MVC
3 1 (3.57%) WebSphere MQ
Miscellaneous
1 8 (28.57%) Derivative
2 6 (21.43%) Equities
2 6 (21.43%) Fixed Income
3 3 (10.71%) Credit Risk
4 2 (7.14%) Data Extraction
4 2 (7.14%) Enterprise Software
4 2 (7.14%) SWIFT
5 1 (3.57%) Analytical Skills
5 1 (3.57%) Foreign Exchange (FX)
5 1 (3.57%) Market Risk
Operating Systems
1 1 (3.57%) Unix
Processes & Methodologies
1 9 (32.14%) Business Analysis
2 8 (28.57%) Project Management
2 8 (28.57%) Stakeholder Management
3 6 (21.43%) Agile Software Development
3 6 (21.43%) Collateral Management
3 6 (21.43%) People Management
3 6 (21.43%) PRINCE
3 6 (21.43%) PRINCE2
3 6 (21.43%) Six Sigma
4 5 (17.86%) Scrum
5 4 (14.29%) SDLC
5 4 (14.29%) TDD
6 2 (7.14%) Automated Testing
6 2 (7.14%) Requirements Analysis
6 2 (7.14%) Test Scripting
6 2 (7.14%) Test Strategy
6 2 (7.14%) TOGAF
6 2 (7.14%) User Acceptance Testing
6 2 (7.14%) Zachman Framework
7 1 (3.57%) Integration Testing
Programming Languages
1 6 (21.43%) Java
2 5 (17.86%) SQL
3 3 (10.71%) PL/SQL
4 2 (7.14%) Haskell
4 2 (7.14%) Scala
Quality Assurance & Compliance
1 7 (25.00%) MiFID
2 6 (21.43%) QA
3 2 (7.14%) SEPA
4 1 (3.57%) Data Quality
4 1 (3.57%) Dodd-Frank
4 1 (3.57%) EMIR
4 1 (3.57%) FATCA
Systems Management
1 3 (10.71%) HP Quality Center
Vendors
1 7 (25.00%) Oracle
2 3 (10.71%) IBM
3 2 (7.14%) Calypso
3 2 (7.14%) HP
3 2 (7.14%) Murex
4 1 (3.57%) Forcepoint
4 1 (3.57%) Sybase
4 1 (3.57%) Symantec
London
Pertemps IT
Rate: Excellent Rate depending on experience
Posted: 2 days ago
London
Aston Carter
Rate: £800 - £1000 per day
Posted: 3 days ago