The table below looks at the prevalence of the term Banking in IT contracts advertised for the Middlesex region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 21 October 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
21 Oct 2014
Same period 2013 Same period 2012
Banking
Rank 28 27 31
Rank change year-on-year
-1 +4
Contract jobs citing Banking 2 4 2
As % of all contract IT jobs located in Middlesex 0.80% 1.49% 0.74%
As % of the General category 2.35% 4.82% 2.27%
Number of daily rates quoted 2 0 1
Average daily rate
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£450 - £580
UK excluding London average daily rate £415 £396 £380
% change year-on-year
+4.79% +4.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.00 £14.00 £19.00
% change year-on-year
-28.57% -26.31%
Banking
South East

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

General Category
Middlesex
Contract IT job ads with a match in the
General category
85 83 88
As % of all contract IT jobs located in Middlesex 33.86% 30.97% 32.71%
Number of daily rates quoted 50 36 43
Average daily rate £333 £478 £425
Average daily rate % change year-on-year
-30.36% +12.35%
90% offered a daily rate of more than £182 £275 £275
10% offered a daily rate of more than £483 £551 £575
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 5 3 7
Average hourly rate £40.00 £15.50 £32.00
Average hourly rate % change year-on-year
+158.06% -51.56%
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

Banking
Jobs Demand Trend in Middlesex

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

Banking Jobs Demand Trend in Middlesex

Banking
Daily Rate Trend in Middlesex

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

Banking Daily Rate Trend in Middlesex

Banking
Hourly Rate Trend in Middlesex

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Middlesex region.

Banking Hourly Rate Trend in Middlesex

Banking
Top 30 Related IT Skills in Middlesex

For the 6 months to 21 October 2014, IT contractor jobs across the Middlesex region citing 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 Banking.

1 3 (100.00%) Finance
2 2 (66.67%) SAP FI/CO
2 2 (66.67%) VBA
2 2 (66.67%) CIMA
2 2 (66.67%) SAP
2 2 (66.67%) ERP
2 2 (66.67%) Ariba
2 2 (66.67%) SAP FI
2 2 (66.67%) ACCA
2 2 (66.67%) SAP CO
2 2 (66.67%) Procure-to-pay
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Investment Banking
3 1 (33.33%) Network Security
3 1 (33.33%) Time Management
3 1 (33.33%) Data Protection
3 1 (33.33%) Aveksa
3 1 (33.33%) Database Security
3 1 (33.33%) Varonis
3 1 (33.33%) CISA
3 1 (33.33%) CISM
3 1 (33.33%) MS Exchange
3 1 (33.33%) Microsoft
3 1 (33.33%) Active Directory
3 1 (33.33%) CISSP
3 1 (33.33%) Firewall
3 1 (33.33%) Management Information System
3 1 (33.33%) Risk Management
3 1 (33.33%) IIS
3 1 (33.33%) MS Office

Banking
Top Related IT Skills in Middlesex by Category

For the 6 months to 21 October 2014, IT contractor jobs across the Middlesex region citing 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 Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (33.33%) IIS
1 1 (33.33%) MS Exchange
Applications
1 1 (33.33%) MS Office
Business Applications
1 2 (66.67%) SAP FI
1 2 (66.67%) SAP FI/CO
1 2 (66.67%) SAP CO
Communications & Networking
1 1 (33.33%) Firewall
1 1 (33.33%) Network Security
General
1 3 (100.00%) Finance
2 1 (33.33%) Investment Banking
Job Titles
1 2 (66.67%) Business Analyst
1 2 (66.67%) Analyst
1 2 (66.67%) Financial Analyst
Miscellaneous
1 1 (33.33%) Management Information System
1 1 (33.33%) Analytical Skills
Processes & Methodologies
1 2 (66.67%) ERP
1 2 (66.67%) Procure-to-pay
2 1 (33.33%) Risk Management
2 1 (33.33%) Information Security
2 1 (33.33%) Time Management
2 1 (33.33%) Data Protection
2 1 (33.33%) Database Security
Programming Languages
1 2 (66.67%) VBA
Qualifications
1 2 (66.67%) ACCA
1 2 (66.67%) CIMA
2 1 (33.33%) CISSP
2 1 (33.33%) CISA
2 1 (33.33%) CISM
System Software
1 1 (33.33%) Active Directory
Vendors
1 2 (66.67%) SAP
1 2 (66.67%) Ariba
2 1 (33.33%) Aveksa
2 1 (33.33%) Varonis
2 1 (33.33%) Microsoft