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 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank 399 427 410
Rank change year-on-year
+28 -17
Contract jobs citing Wholesale Banking 16 6 19
As % of all contract IT jobs located in London 0.067% 0.025% 0.076%
As % of the General category 0.14% 0.056% 0.15%
Number of daily rates quoted 14 3 12
Average daily rate
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£520 £550 £463
Average daily rate % change year-on-year
-5.54% +18.91%
90% offered a daily rate of more than £337 £460 £328
10% offered a daily rate of more than £620 £570 £594
UK excluding London average daily rate - - £370
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
11145 10736 12688
As % of all contract IT jobs located in London 46.99% 44.85% 50.74%
Number of daily rates quoted 7958 7447 8961
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 £650 £638 £650
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 122 150 171
Average hourly rate £22.00 £19.00 £22.00
Average hourly rate % change year-on-year
+15.78% -13.63%
90% offered a hourly rate of more than £12.21 £12.00 £13.50
10% offered a hourly rate of more than £57.65 £37.50 £48.00
UK excluding London average hourly rate £25.83 £22.50 £22.47
% change year-on-year
+14.80% +0.15%

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 28 August 2015.

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 28 August 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 +8 6 £520 +5.21% 1
Bromley - 1 - - 1
Wholesale Banking
England

Wholesale Banking
Top 30 Related IT Skills in London

For the 6 months to 28 August 2015, 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 31 (100.00%) Banking
2 17 (54.84%) Finance
3 12 (38.71%) SWIFT
4 10 (32.26%) Back Office
5 9 (29.03%) Investment Banking
6 8 (25.81%) Analytical Skills
7 7 (22.58%) Risk Management
8 6 (19.35%) Test Scripting
9 5 (16.13%) Credit Risk
9 5 (16.13%) Cash Management
9 5 (16.13%) Project Management
9 5 (16.13%) SQL
9 5 (16.13%) Business Analysis
10 4 (12.90%) Stakeholder Management
10 4 (12.90%) Information Security
10 4 (12.90%) Oracle
10 4 (12.90%) HP
10 4 (12.90%) HP UFT
10 4 (12.90%) Foreign Exchange (FX)
10 4 (12.90%) Middleware
10 4 (12.90%) HP Quality Center
10 4 (12.90%) Integration Testing
10 4 (12.90%) User Acceptance Testing
10 4 (12.90%) System Testing
10 4 (12.90%) Corporate Banking
10 4 (12.90%) Automated Testing
11 3 (9.68%) QA
11 3 (9.68%) Stress Testing
11 3 (9.68%) Basel III
11 3 (9.68%) Software Delivery

Wholesale Banking
Top Related IT Skills in London by Category

For the 6 months to 28 August 2015, 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.

Applications
1 1 (3.23%) MS Project
Business Applications
1 2 (6.45%) Loan IQ
1 2 (6.45%) ACBS
2 1 (3.23%) Temenos T24
2 1 (3.23%) Oracle General Ledger
2 1 (3.23%) Oracle Subledger Accounting
Database & Business Intelligence
1 2 (6.45%) Oracle Database
2 1 (3.23%) Oracle Reports
Development Applications
1 4 (12.90%) HP UFT
2 2 (6.45%) JIRA
3 1 (3.23%) jMock
3 1 (3.23%) Cucumber
3 1 (3.23%) JUnit
General
1 31 (100.00%) Banking
2 17 (54.84%) Finance
3 10 (32.26%) Back Office
4 9 (29.03%) Investment Banking
5 4 (12.90%) Corporate Banking
6 2 (6.45%) Retail
7 1 (3.23%) Financial Institution
7 1 (3.23%) General Ledger
Job Titles
1 20 (64.52%) Analyst
2 13 (41.94%) Business Analyst
3 7 (22.58%) Test Analyst
4 5 (16.13%) Architect
5 4 (12.90%) Solutions Architect
6 3 (9.68%) Security Analyst
6 3 (9.68%) Information Analyst
6 3 (9.68%) Credit Analyst
6 3 (9.68%) Credit Risk Business Analyst
6 3 (9.68%) Risk Analyst
6 3 (9.68%) Information Security Analyst
6 3 (9.68%) Credit Risk Analyst
6 3 (9.68%) Testing Analyst
7 2 (6.45%) Banking Business Analyst
7 2 (6.45%) Payments Business Analyst
7 2 (6.45%) Consultant
8 1 (3.23%) Java Developer
8 1 (3.23%) Project Manager
8 1 (3.23%) Developer
8 1 (3.23%) QA Analyst
Libraries, Frameworks & Software Standards
1 4 (12.90%) Middleware
2 2 (6.45%) CGI
3 1 (3.23%) WebSphere MQ
3 1 (3.23%) .NET
3 1 (3.23%) JMS
3 1 (3.23%) Hibernate
3 1 (3.23%) Spring
3 1 (3.23%) Ajax
3 1 (3.23%) Java EE
3 1 (3.23%) Spring MVC
3 1 (3.23%) jQuery
Miscellaneous
1 12 (38.71%) SWIFT
2 8 (25.81%) Analytical Skills
3 5 (16.13%) Credit Risk
4 4 (12.90%) Foreign Exchange (FX)
5 1 (3.23%) Management Information System
Operating Systems
1 2 (6.45%) UNIX
Processes & Methodologies
1 7 (22.58%) Risk Management
2 6 (19.35%) Test Scripting
3 5 (16.13%) Project Management
3 5 (16.13%) Business Analysis
3 5 (16.13%) Cash Management
4 4 (12.90%) Stakeholder Management
4 4 (12.90%) Automated Testing
4 4 (12.90%) User Acceptance Testing
4 4 (12.90%) Information Security
4 4 (12.90%) System Testing
4 4 (12.90%) Integration Testing
5 3 (9.68%) Software Delivery
5 3 (9.68%) Stress Testing
6 2 (6.45%) Use Case
6 2 (6.45%) Data Modelling
6 2 (6.45%) Change Management
6 2 (6.45%) Target Operating Model
7 1 (3.23%) Time Management
7 1 (3.23%) Data Protection
7 1 (3.23%) Domain-Driven Design
Programming Languages
1 5 (16.13%) SQL
2 2 (6.45%) Java
3 1 (3.23%) C#
Qualifications
1 1 (3.23%) MBA
1 1 (3.23%) Degree
1 1 (3.23%) IIBA
1 1 (3.23%) CBAP
Quality Assurance & Compliance
1 3 (9.68%) QA
1 3 (9.68%) Basel III
Systems Management
1 4 (12.90%) HP Quality Center
Vendors
1 4 (12.90%) Oracle
1 4 (12.90%) HP
2 3 (9.68%) Misys
3 2 (6.45%) Symantec
3 2 (6.45%) Websense
4 1 (3.23%) Temenos
4 1 (3.23%) Sybase
4 1 (3.23%) SAP
4 1 (3.23%) Microsoft