Permanent IT Jobs Contract IT Jobs

The first part of 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 8 February 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category for the London region.

 Wholesale Banking
Location
3 months to
8 Feb 2010
Same period 2009Same period 2008
Rank316315393
Rank change year-on-year
Down-1Up+78
Matching contract IT job ads32619
As % of all contract IT jobs located in London0.140 %0.032 %0.053 %
As % of the General category0.226 %0.058 %0.096 %
Daily rates quoted23318
Average daily rate£513£500£581
Average daily rate % change year-on-year
+2.500 %-13.97 %
90% of contracts offered a daily rate of more than£435£460£400
10% of contracts offered a daily rate of more than£625£520£636
UK excluding London average daily rate£369--
Hourly rates quoted000
Average hourly rate---
UK excluding London average hourly rate---
London IT Contractor Job Market, General CategoryAll General Category
London
Contract IT job ads with a match in the
General category
141311033219730
As % of all contract IT jobs located in London61.98 %54.27 %55.06 %
Daily rates quoted790443088084
Average daily rate£500£450£488
Average daily rate % change year-on-year
+11.11 %-7.690 %
90% of contracts offered a daily rate of more than£315£270£300
10% of contracts offered a daily rate of more than£625£600£650
UK excluding London average daily rate£350£375£390
% change year-on-year
-6.660 %-3.780 %
Hourly rates quoted246425704
Average hourly rate£22.00£21.00£24.00
Average hourly rate % change year-on-year
+4.760 %-12.50 %
90% of contracts offered a hourly rate of more than£13.00£12.50£14.00
10% of contracts offered a hourly rate of more than£44.95£41.25£45.00
UK excluding London average hourly rate£22.50£27.50£28.00
% change year-on-year
-18.18 %-1.780 %
Wholesale Banking EnglandWholesale Banking
England

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.

Wholesale Banking
Demand Trend

The chart provides a 3-month moving total beginning in 2004 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 Demand Trend

Wholesale Banking
Daily Rate Trend

The 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

The chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking across the London region over the 3 months to 8 February 2010.

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 8 February 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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 LondonDown-3516£525-
Docklands, LondonDown-81£425-
Wholesale Banking EnglandWholesale Banking
England

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 8 February 2010, 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.

169 (100.00 %)Banking
240 (57.97 %)Finance
328 (40.58 %)Investment Banking
415 (21.74 %)Migration
513 (18.84 %)Data Conversion
612 (17.39 %)Data Migration
711 (15.94 %)Business Analysis
810 (14.49 %)SQL
810 (14.49 %)Datawarehouse
99 (13.04 %)CRM
108 (11.59 %)ETL
108 (11.59 %)SQL Server
108 (11.59 %)Sybase
108 (11.59 %)Stakeholder Management
117 (10.14 %).NET
117 (10.14 %)Retail
126 (8.696 %)Retail Banking
126 (8.696 %)Corporate Banking
135 (7.246 %)Project Management
135 (7.246 %)Oracle
135 (7.246 %)RUP
135 (7.246 %)Derivative
144 (5.797 %)SQL Server 2005
144 (5.797 %)SQL Server Integration Services
144 (5.797 %)Credit Risk
144 (5.797 %)SQL Server 2008
144 (5.797 %)Oracle EBS R12
144 (5.797 %)Oracle BI EE
144 (5.797 %)UML
144 (5.797 %)Oracle Reports

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 8 February 2010, 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.

London IT Contractor Job Market, Application Development CategoryApplication Development
17 (10.14 %).NET
24 (5.797 %)ASP.NET
33 (4.348 %)J2EE
42 (2.899 %)HTML
London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
12 (2.899 %)Tomcat
London IT Contractor Job Market, Business Applications CategoryBusiness Applications
14 (5.797 %)Oracle EBS R12
London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
110 (14.49 %)Datawarehouse
28 (11.59 %)ETL
28 (11.59 %)SQL Server
34 (5.797 %)SQL Server 2005
34 (5.797 %)SQL Server Integration Services
34 (5.797 %)SQL Server 2008
34 (5.797 %)Oracle BI EE
34 (5.797 %)Oracle Reports
34 (5.797 %)Star Schema
42 (2.899 %)BusinessObjects
42 (2.899 %)OLAP
London IT Contractor Job Market, General CategoryGeneral
169 (100.00 %)Banking
240 (57.97 %)Finance
328 (40.58 %)Investment Banking
47 (10.14 %)Retail
56 (8.696 %)Retail Banking
56 (8.696 %)Corporate Banking
62 (2.899 %)Home Office
62 (2.899 %)Education
62 (2.899 %)Front Office
71 (1.449 %)Insurance
71 (1.449 %)International Banking
London IT Contractor Job Market, Job Titles CategoryJob Titles
139 (56.52 %)Analyst
229 (42.03 %)Business Analyst
313 (18.84 %)Data Manager
411 (15.94 %)Developer
510 (14.49 %)Banking Business Analyst
68 (11.59 %)Analyst Developer
76 (8.696 %)Project Manager
76 (8.696 %)Architect
84 (5.797 %)Credit Risk Analyst
84 (5.797 %)Credit Risk Business Analyst
84 (5.797 %)Risk Analyst
84 (5.797 %)Credit Analyst
93 (4.348 %)Investment Banking Business Analyst
102 (2.899 %)Strategy Analyst
102 (2.899 %)Server Analyst
102 (2.899 %)Business Manager
102 (2.899 %)Business Project Manager
102 (2.899 %)SQL Server Analyst
102 (2.899 %)Junior Analyst
102 (2.899 %)SQL Developer
London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
113 (18.84 %)Data Conversion
25 (7.246 %)Derivative
34 (5.797 %)Credit Risk
43 (4.348 %)Management Information System
43 (4.348 %)Fixed Income
52 (2.899 %)Foreign Exchange (FX)
61 (1.449 %)Mainframe
61 (1.449 %)Tandem
London IT Contractor Job Market, Operating Systems CategoryOperating Systems
13 (4.348 %)UNIX
21 (1.449 %)Windows
21 (1.449 %)AIX
London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
115 (21.74 %)Migration
212 (17.39 %)Data Migration
311 (15.94 %)Business Analysis
49 (13.04 %)CRM
58 (11.59 %)Stakeholder Management
65 (7.246 %)Project Management
65 (7.246 %)RUP
74 (5.797 %)UML
74 (5.797 %)Business Intelligence
74 (5.797 %)E-business
83 (4.348 %)OO
83 (4.348 %)Systems Analysis
83 (4.348 %)Change Management
92 (2.899 %)Data Analysis
92 (2.899 %)Data Mapping
92 (2.899 %)Integration Testing
92 (2.899 %)PRINCE2
92 (2.899 %)Programme Management
92 (2.899 %)Risk Management
92 (2.899 %)Workflow
London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
110 (14.49 %)SQL
24 (5.797 %)C#
33 (4.348 %)VB
33 (4.348 %)PowerShell
42 (2.899 %)Shell Script
42 (2.899 %)C
42 (2.899 %)JavaScript
London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
12 (2.899 %)Basel II
21 (1.449 %)QA
London IT Contractor Job Market, Vendors CategoryVendors
18 (11.59 %)Sybase
25 (7.246 %)Oracle
34 (5.797 %)MicroStrategy
43 (4.348 %)Microsoft
52 (2.899 %)GoldenSource
52 (2.899 %)Calypso
52 (2.899 %)Informatica
52 (2.899 %)Business Objects
61 (1.449 %)Salesforce.com