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 20 August 2014 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
20 Aug 2014
Same period 2013 Same period 2012
Wholesale Banking
Rank 404 403 376
Rank change year-on-year
-1 -27
Contract jobs citing Wholesale Banking 7 22 46
As % of all contract IT jobs located in London 0.029% 0.088% 0.17%
As % of the General category 0.065% 0.17% 0.33%
Number of daily rates quoted 4 17 38
Average daily rate
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£525 £500 £478
Average daily rate % change year-on-year
+5.00% +4.71%
90% offered a daily rate of more than £456 £340 £390
10% offered a daily rate of more than £568 £640 £577
UK excluding London average daily rate - £380 £405
% change year-on-year
- -6.17%
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
10704 12782 13769
As % of all contract IT jobs located in London 44.94% 50.93% 51.78%
Number of daily rates quoted 7429 9042 9427
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £640 £650 £625
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 150 170 232
Average hourly rate £19.00 £22.00 £22.00
Average hourly rate % change year-on-year
-13.63% -
90% offered a hourly rate of more than £12.50 £14.00 £13.40
10% offered a hourly rate of more than £37.15 £48.00 £50.00
UK excluding London average hourly rate £22.00 £22.50 £28.50
% change year-on-year
-2.22% -21.05%

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
Daily Rate Histogram in London

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 20 August 2014.

Wholesale Banking Daily Rate Histogram 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 20 August 2014. 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 +32 2 £494 +64.58% 2
Bromley - - - -
Wholesale Banking
England

Wholesale Banking
Top 30 Related IT Skills in London

For the 6 months to 20 August 2014, 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 15 (100.00%) Banking
2 10 (66.67%) Finance
3 4 (26.67%) Data Modelling
3 4 (26.67%) Investment Banking
3 4 (26.67%) Fixed Income
3 4 (26.67%) SWIFT
4 3 (20.00%) Business Analysis
4 3 (20.00%) Derivative
4 3 (20.00%) Loan IQ
4 3 (20.00%) Retail
4 3 (20.00%) Credit Risk
4 3 (20.00%) Use Case
4 3 (20.00%) Market Risk
4 3 (20.00%) Oracle
4 3 (20.00%) CGI
4 3 (20.00%) Misys
4 3 (20.00%) Change Management
5 2 (13.33%) Stakeholder Management
5 2 (13.33%) Project Management
5 2 (13.33%) Risk Management
5 2 (13.33%) Foreign Exchange (FX)
5 2 (13.33%) Equity Derivative
6 1 (6.67%) Software Testing
6 1 (6.67%) Incident Management
6 1 (6.67%) Business Analytics
6 1 (6.67%) Analytics
6 1 (6.67%) Retail Banking
6 1 (6.67%) Marketing
6 1 (6.67%) WebSphere
6 1 (6.67%) Business Development

Wholesale Banking
Top Related IT Skills in London by Category

For the 6 months to 20 August 2014, 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 1 (6.67%) WebSphere
1 1 (6.67%) SAS
Applications
1 1 (6.67%) MS Visio
Business Applications
1 3 (20.00%) Loan IQ
Database & Business Intelligence
1 1 (6.67%) SAS Enterprise Guide
1 1 (6.67%) Data Warehouse
Development Applications
1 1 (6.67%) QuickTest Pro
General
1 15 (100.00%) Banking
2 10 (66.67%) Finance
3 4 (26.67%) Investment Banking
4 3 (20.00%) Retail
5 1 (6.67%) Retail Banking
5 1 (6.67%) Marketing
5 1 (6.67%) Telecoms
5 1 (6.67%) Manufacturing
5 1 (6.67%) Financial Institution
5 1 (6.67%) Front Office
5 1 (6.67%) Back Office
Job Titles
1 9 (60.00%) Analyst
2 7 (46.67%) Business Analyst
3 2 (13.33%) Risk Analyst
4 1 (6.67%) Banking Business Analyst
4 1 (6.67%) Investment Banking Business Analyst
4 1 (6.67%) Financial Business Analyst
4 1 (6.67%) IT Business Analyst
4 1 (6.67%) Data Analyst
4 1 (6.67%) Business Consultant
4 1 (6.67%) Infrastructure Architect
4 1 (6.67%) Support Manager
4 1 (6.67%) SAS Analyst
4 1 (6.67%) Market Risk Business Analyst
4 1 (6.67%) SAS Data Analyst
4 1 (6.67%) Architect
4 1 (6.67%) Project Manager
4 1 (6.67%) Test Analyst
4 1 (6.67%) Consultant
4 1 (6.67%) Business Process Analyst
4 1 (6.67%) Development Manager
Libraries, Frameworks & Software Standards
1 3 (20.00%) CGI
2 1 (6.67%) XML
Miscellaneous
1 4 (26.67%) Fixed Income
1 4 (26.67%) SWIFT
2 3 (20.00%) Derivative
2 3 (20.00%) Credit Risk
2 3 (20.00%) Market Risk
3 2 (13.33%) Foreign Exchange (FX)
3 2 (13.33%) Equity Derivative
4 1 (6.67%) Equities
Operating Systems
1 1 (6.67%) Windows 7
1 1 (6.67%) Windows
Processes & Methodologies
1 4 (26.67%) Data Modelling
2 3 (20.00%) Business Analysis
2 3 (20.00%) Use Case
2 3 (20.00%) Change Management
3 2 (13.33%) Stakeholder Management
3 2 (13.33%) Project Management
3 2 (13.33%) Risk Management
4 1 (6.67%) Software Testing
4 1 (6.67%) Incident Management
4 1 (6.67%) Business Analytics
4 1 (6.67%) Analytics
4 1 (6.67%) Business Development
4 1 (6.67%) Automated Testing
4 1 (6.67%) Systems Analysis
4 1 (6.67%) Programme Management
4 1 (6.67%) Digital Marketing
4 1 (6.67%) User Acceptance Testing
4 1 (6.67%) Stress Testing
4 1 (6.67%) Integration Testing
4 1 (6.67%) Test Scripting
Programming Languages
1 1 (6.67%) PowerShell
1 1 (6.67%) C#
1 1 (6.67%) SQL
Qualifications
1 1 (6.67%) Degree
1 1 (6.67%) IIBA
1 1 (6.67%) CBAP
1 1 (6.67%) MBA
Quality Assurance & Compliance
1 1 (6.67%) QA
System Software
1 1 (6.67%) Active Directory
Systems Management
1 1 (6.67%) SCCM
1 1 (6.67%) HP Quality Center
Vendors
1 3 (20.00%) Oracle
1 3 (20.00%) Misys
2 1 (6.67%) ION Trading
2 1 (6.67%) IBM
2 1 (6.67%) Microsoft
2 1 (6.67%) Murex
2 1 (6.67%) SAP
London
Venn Group - UK
Rate: 350-450 Per Day
Posted: 7 days ago
London
Orgtel
Rate: £500 - £600 per day
Posted: 7 days ago