The table below looks at the prevalence of the term Banking in IT contracts advertised for the North East region. Included is a guide to the contractor rates offered in IT contracts that have cited Banking over the 3 months to 28 February 2017 with a comparison to the same period over 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.

3 months to
28 Feb 2017
Same period 2016 Same period 2015
Banking
England / North East
Rank 77 56 48
Rank change year-on-year
-21 -8
Contract jobs citing Banking 10 19 4
As % of all contract IT jobs located in the North East 1.15% 2.20% 0.67%
As % of the General category 6.25% 9.36% 3.23%
Number of daily rates quoted 9 16 3
Median daily rate £550 £330 £400
Median daily rate % change year-on-year
+66.54% -17.43%
UK excluding London median daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.96 £11.47 £10.44
% change year-on-year
+13.01% +9.86%

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

General Category
North East
Contract IT job ads with a match in the
General category
160 203 124
As % of all contract IT jobs located in the North East 18.41% 23.52% 20.74%
Number of daily rates quoted 103 135 80
Median daily rate £400 £375 £361
Median daily rate % change year-on-year
+6.66% +3.80%
90% offered a daily rate of more than £285 £270 £250
10% offered a daily rate of more than £550 £550 £499
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 3 5 4
Median hourly rate £33.72 £12.50 £35.00
Median hourly rate % change year-on-year
+169.76% -64.28%
UK excluding London median hourly rate £26.00 £32.50 £23.43
% change year-on-year
-20.00% +38.74%

Banking
Jobs Demand Trend in the North East

The demand trend of contract jobs across the North East region citing Banking as a proportion of all IT contracts with a match in the General category.

Banking Jobs Demand Trend in the North East

Banking
Daily Rate Trend in the North East

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

Banking Daily Rate Trend in the North East

Banking
Daily Rate Histogram in the North East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the North East region over the 3 months to 28 February 2017.

Banking Daily Rate Histogram in the North East

Banking
Hourly Rate Trend in the North East

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

Banking Hourly Rate Trend in the North East

Banking
Contract Job Locations in the North East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the North East region over the 3 months to 28 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Tyne and Wear -23 7 £550 +73.22% 2
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 28 February 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the North East region with a requirement for Banking.

1 9 (36.00%) Finance
2 8 (32.00%) Linux
3 7 (28.00%) Retail
3 7 (28.00%) Analytical Skills
4 6 (24.00%) Operational Acceptance Testing
4 6 (24.00%) Integration Testing
4 6 (24.00%) Retail Banking
5 5 (20.00%) Degree
6 4 (16.00%) Change Management
6 4 (16.00%) ITIL
6 4 (16.00%) Problem Management
6 4 (16.00%) Analytics
6 4 (16.00%) Linux Command Line
7 3 (12.00%) CMDB
7 3 (12.00%) ServiceNow
7 3 (12.00%) Hedge funds
7 3 (12.00%) Investment Management
7 3 (12.00%) PRINCE2
7 3 (12.00%) PL/SQL
7 3 (12.00%) SQL
7 3 (12.00%) Oracle
7 3 (12.00%) Oracle Forms
7 3 (12.00%) Oracle Reports
7 3 (12.00%) Shell Script
7 3 (12.00%) Stakeholder Management
7 3 (12.00%) Incident Management
7 3 (12.00%) Knowledge Management
8 2 (8.00%) Agile Software Development
8 2 (8.00%) Marketing
8 2 (8.00%) Java

Banking
Top Related IT Skills in the North East by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (4.00%) SAS
1 1 (4.00%) WebSphere
Applications
1 1 (4.00%) MS Excel
1 1 (4.00%) MS PowerPoint
Cloud Services
1 1 (4.00%) IaaS
1 1 (4.00%) PaaS
1 1 (4.00%) SaaS
Communications & Networking
1 2 (8.00%) ATM
Database & Business Intelligence
1 3 (12.00%) Oracle Reports
2 1 (4.00%) Base SAS
2 1 (4.00%) Big Data
Development Applications
1 3 (12.00%) Oracle Forms
2 1 (4.00%) StarTeam
General
1 9 (36.00%) Finance
2 7 (28.00%) Retail
3 6 (24.00%) Retail Banking
4 2 (8.00%) Financial Institution
4 2 (8.00%) Marketing
Job Titles
1 7 (28.00%) Analyst
1 7 (28.00%) Developer
2 4 (16.00%) Business Analyst
2 4 (16.00%) Project Manager
3 3 (12.00%) Oracle Developer
3 3 (12.00%) ServiceNow Developer
4 2 (8.00%) AML Business Analyst
4 2 (8.00%) ATM Engineer
4 2 (8.00%) Banking Project Manager
4 2 (8.00%) Programme Manager
4 2 (8.00%) Senior Manager
4 2 (8.00%) Senior Programme Manager
4 2 (8.00%) Senior Project Manager
5 1 (4.00%) 3rd Line Support
5 1 (4.00%) Copywriter
5 1 (4.00%) Financial Services Business Analyst
5 1 (4.00%) Security Project Manager
5 1 (4.00%) Service Analyst
5 1 (4.00%) Support Analyst
5 1 (4.00%) Support Engineer
Libraries, Frameworks & Software Standards
1 2 (8.00%) XML
Miscellaneous
1 7 (28.00%) Analytical Skills
2 4 (16.00%) Linux Command Line
3 3 (12.00%) CMDB
3 3 (12.00%) Hedge funds
4 1 (4.00%) Credit Risk
4 1 (4.00%) Data Protection Act
4 1 (4.00%) Data Structures
Operating Systems
1 8 (32.00%) Linux
2 1 (4.00%) AIX
2 1 (4.00%) Unix
2 1 (4.00%) Windows
2 1 (4.00%) Windows 2000
2 1 (4.00%) Windows XP
Processes & Methodologies
1 6 (24.00%) Integration Testing
1 6 (24.00%) Operational Acceptance Testing
2 4 (16.00%) Analytics
2 4 (16.00%) Change Management
2 4 (16.00%) ITIL
2 4 (16.00%) Problem Management
3 3 (12.00%) Incident Management
3 3 (12.00%) Investment Management
3 3 (12.00%) Knowledge Management
3 3 (12.00%) PRINCE2
3 3 (12.00%) Stakeholder Management
4 2 (8.00%) Agile Software Development
4 2 (8.00%) Anti-Money Laundering
4 2 (8.00%) Project Management
5 1 (4.00%) Business Intelligence
5 1 (4.00%) Data Management
5 1 (4.00%) GAP Analysis
5 1 (4.00%) ITSM
5 1 (4.00%) Process Management
5 1 (4.00%) Service Management
Programming Languages
1 3 (12.00%) PL/SQL
1 3 (12.00%) Shell Script
1 3 (12.00%) SQL
2 2 (8.00%) Java
Qualifications
1 5 (20.00%) Degree
2 1 (4.00%) SC Cleared
2 1 (4.00%) Security Cleared
Quality Assurance & Compliance
1 1 (4.00%) Data Quality
1 1 (4.00%) MiFID
Vendors
1 3 (12.00%) Oracle
1 3 (12.00%) ServiceNow
2 1 (4.00%) Borland
2 1 (4.00%) Microsoft