The first 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 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the London region.

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
17 May 2013
Same period 2012 Same period 2011
Wholesale Banking
Rank 352 378 417
Rank change year-on-year
+26 +39
Contract jobs citing Wholesale Banking 33 28 20
As % of all contract IT jobs located in London 0.153% 0.105% 0.064%
As % of the General category 0.297% 0.197% 0.108%
Number of daily rates quoted 25 20 17
Average daily rate £525 £438 £500
Average daily rate % change year-on-year
+20.00% -12.50%
90% offered a daily rate of more than £420 £377 £350
10% offered a daily rate of more than £600 £650 £600
UK excluding London average daily rate £396 £435 £525
% change year-on-year
-8.96% -17.14%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the General Category
London
Contract IT job ads with a match in the
General category
11100 14226 18536
As % of all contract IT jobs located in London 51.41% 53.12% 59.33%
Number of daily rates quoted 7789 9705 12601
Average daily rate £500 £475 £525
Average daily rate % change year-on-year
+5.26% -9.52%
90% offered a daily rate of more than £305 £300 £350
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 153 228 299
Average hourly rate £22.50 £21.00 £23.50
Average hourly rate % change year-on-year
+7.14% -10.63%
90% offered a hourly rate of more than £13.00 £12.70 £12.50
10% offered a hourly rate of more than £45.00 £45.00 £50.00
UK excluding London average hourly rate £26.00 £25.00 £26.00
% change year-on-year
+4.00% -3.84%
Wholesale Banking
England

Wholesale Banking
Jobs Demand Trend

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.

London Wholesale Banking Jobs Demand Trend

Wholesale Banking
Daily Rate Trend

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

London Wholesale Banking Daily Rate Trend

Wholesale Banking
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking across the London region over the 3 months to 17 May 2013.

London Wholesale Banking Daily Rate Histogram

Wholesale Banking
Contract Locations

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 17 May 2013. 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
(Click each for more statistics)
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
City of London +8 14 £525 +10.52%
Bromley - 3 £450 -
Canary Wharf - 1 - -
Wholesale Banking
England

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 17 May 2013, 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 57 (100.00%) Banking
2 37 (64.91%) Finance
3 15 (26.32%) Cash Management
4 13 (22.81%) Stakeholder Management
4 13 (22.81%) Zachman Framework
4 13 (22.81%) TOGAF
5 12 (21.05%) SQL
6 10 (17.54%) Middleware
6 10 (17.54%) Investment Banking
7 7 (12.28%) Oracle
7 7 (12.28%) RUP
7 7 (12.28%) Credit Risk
7 7 (12.28%) Agile Software Development
8 6 (10.53%) TQM
8 6 (10.53%) Front Office
8 6 (10.53%) Six Sigma
9 5 (8.772%) SQL Server
9 5 (8.772%) C#
9 5 (8.772%) MS Office
9 5 (8.772%) Business Analysis
9 5 (8.772%) Corporate Banking
9 5 (8.772%) Risk Management
9 5 (8.772%) QA
9 5 (8.772%) Integration Testing
10 4 (7.018%) Basel III
10 4 (7.018%) Unified Process
10 4 (7.018%) Retail
10 4 (7.018%) FLEXCUBE
11 3 (5.263%) Data Management
11 3 (5.263%) Systems Analysis

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 17 May 2013, 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 Development
1 10 (17.54%) Middleware
2 3 (5.263%) .NET
3 2 (3.509%) ASP.NET
3 2 (3.509%) XML
3 2 (3.509%) XSLT
4 1 (1.754%) XSD
4 1 (1.754%) ISPF
4 1 (1.754%) WebSphere
4 1 (1.754%) SOAP
4 1 (1.754%) Web Services
Application Platforms
1 1 (1.754%) BizTalk Server
Applications
1 5 (8.772%) MS Office
2 3 (5.263%) MS Visio
3 2 (3.509%) MS Excel
3 2 (3.509%) Spreadsheet
4 1 (1.754%) MS Project
4 1 (1.754%) MS PowerPoint
Business Applications
1 4 (7.018%) FLEXCUBE
2 2 (3.509%) Temenos T24
3 1 (1.754%) Summit
Communications & Networking
1 2 (3.509%) HTTP
Database & Business Intelligence
1 5 (8.772%) SQL Server
2 2 (3.509%) Data Warehouse
2 2 (3.509%) SQL Server 2005
2 2 (3.509%) Hadoop
3 1 (1.754%) Big Data
3 1 (1.754%) SQL Server Integration Services
3 1 (1.754%) SQL Server 2008
3 1 (1.754%) Oracle 10g
Development Applications
1 3 (5.263%) JIRA
2 2 (3.509%) NUnit
3 1 (1.754%) TeamCity
3 1 (1.754%) Ant
3 1 (1.754%) LoadRunner
General
1 57 (100.00%) Banking
2 37 (64.91%) Finance
3 10 (17.54%) Investment Banking
4 6 (10.53%) Front Office
5 5 (8.772%) Corporate Banking
6 4 (7.018%) Retail
7 2 (3.509%) International Banking
8 1 (1.754%) Retail Banking
8 1 (1.754%) Back Office
8 1 (1.754%) Financial Institution
Job Titles
1 19 (33.33%) Analyst
2 17 (29.82%) Architect
2 17 (29.82%) Business Analyst
3 8 (14.04%) Project Manager
3 8 (14.04%) Solutions Architect
4 7 (12.28%) Developer
5 6 (10.53%) Banking Business Analyst
6 5 (8.772%) Senior Architect
7 4 (7.018%) Agile Business Analyst
7 4 (7.018%) C# Developer
8 3 (5.263%) Lead Architect
8 3 (5.263%) Senior Solutions Architect
8 3 (5.263%) Lead Solutions Architect
9 2 (3.509%) Financial Business Analyst
9 2 (3.509%) Programme Manager
9 2 (3.509%) Oracle Developer
9 2 (3.509%) Information Architect
10 1 (1.754%) Support Analyst
10 1 (1.754%) Technical Support
10 1 (1.754%) Technical Consultant
Miscellaneous
1 7 (12.28%) Credit Risk
2 3 (5.263%) Mainframe
3 2 (3.509%) Derivative
4 1 (1.754%) Fixed Income
4 1 (1.754%) Equities
4 1 (1.754%) PMI
4 1 (1.754%) Foreign Exchange (FX)
4 1 (1.754%) Reference Data
4 1 (1.754%) Data Integration
4 1 (1.754%) Hedge funds
4 1 (1.754%) SWIFT
Operating Systems
1 3 (5.263%) UNIX
1 3 (5.263%) Windows
2 2 (3.509%) Linux
3 1 (1.754%) OpenVMS
3 1 (1.754%) zOS
3 1 (1.754%) Windows Server 2003
3 1 (1.754%) SUSE
3 1 (1.754%) Windows Server 2008
3 1 (1.754%) AIX
Processes & Methodologies
1 15 (26.32%) Cash Management
2 13 (22.81%) Stakeholder Management
2 13 (22.81%) Zachman Framework
2 13 (22.81%) TOGAF
3 7 (12.28%) Agile Software Development
3 7 (12.28%) RUP
4 6 (10.53%) Six Sigma
4 6 (10.53%) TQM
5 5 (8.772%) Risk Management
5 5 (8.772%) Business Analysis
5 5 (8.772%) Integration Testing
6 4 (7.018%) Unified Process
7 3 (5.263%) Data Management
7 3 (5.263%) Use Case
7 3 (5.263%) Project Management
7 3 (5.263%) Service Delivery
7 3 (5.263%) UML
7 3 (5.263%) Data Modelling
7 3 (5.263%) Systems Analysis
7 3 (5.263%) Waterfall
Programming Languages
1 12 (21.05%) SQL
2 5 (8.772%) C#
3 3 (5.263%) PL/SQL
4 2 (3.509%) Java
5 1 (1.754%) C
5 1 (1.754%) T-SQL
5 1 (1.754%) VB
5 1 (1.754%) Python
5 1 (1.754%) REXX
5 1 (1.754%) Korn
5 1 (1.754%) XPath
Qualifications
1 2 (3.509%) Degree
2 1 (1.754%) CCIE
2 1 (1.754%) ISEB
2 1 (1.754%) Cisco Certification
2 1 (1.754%) PMP
2 1 (1.754%) PMI Certification
2 1 (1.754%) ISTQB
Quality Assurance & Compliance
1 5 (8.772%) QA
2 4 (7.018%) Basel III
3 2 (3.509%) Basel II
4 1 (1.754%) FATCA
Vendors
1 7 (12.28%) Oracle
2 3 (5.263%) Business Objects
3 2 (3.509%) IBM
3 2 (3.509%) Temenos
4 1 (1.754%) Citrix
4 1 (1.754%) MicroStrategy
4 1 (1.754%) Teradata
4 1 (1.754%) Netezza
London
In addition, knowledge of AML rules and regulations as well as external regulation is also essential as is excellent stakeholder management. Ideal experience would include working knowledge of...
Orgtel
Rate: £200 - £250 per day
Posted: 15 May 2013
London
BUSINESS ANALYST - WHOLESALE BANKING - USE CASES - eCOMMERCE - PORTAL - LONDON... The business analyst will be required to produce use cases and work closely with the UX team and the...
Hydrogen Group
Rate: £450.00 per annum
Posted: 15 May 2013
London
I am looking for a Prince 2 certified Project Manager with excellent previous Wholesale Banking / Commercial Banking environment experience, ideally within Online ChannelsOur client are looking to deliver...
Church International
Rate: £600 per day
Posted: 17 May 2013
Bromley, Kent
The successful candidate will have extensive Mainframe IMS, TSO and ISPF experience and will have excellent JLC and Rexx coding skills and techniques. The candidate will also have...
Thomson Keene Associates
Rate: £400 - £550 per day
Posted: 14 May 2013
City of London
Data Project Manager, London, Banking, Reference/Client Data, Transformation/Integration, £600-650 per day A key banking client in London urgently requires a Data PM to govern and...
Orgtel
Rate: £600 - £650 per day
Posted: 15 May 2013