The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the North West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Financial Institution
Rank 152 146 136
Rank change year-on-year
-6 -10
Contract jobs citing Financial Institution 15 12 8
As % of all contract IT jobs located in the North West 0.37% 0.31% 0.26%
As % of the General category 1.09% 0.86% 0.83%
Number of daily rates quoted 10 7 4
Average daily rate £325 £375 £370
Average daily rate % change year-on-year
-13.33% +1.35%
90% offered a daily rate of more than £265 £320 £313
10% offered a daily rate of more than £423 £475 £393
UK excluding London average daily rate £475 £425 £365
% change year-on-year
+11.76% +16.43%
Number of hourly rates quoted 0 1 0
Average hourly rate - £13.50 -
UK excluding London average hourly rate £10.44 £16.00 £13.50
% change year-on-year
-34.75% +18.51%
Financial Institution
England

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

General Category
North West
Contract IT job ads with a match in the
General category
1377 1396 969
As % of all contract IT jobs located in the North West 34.25% 35.96% 31.36%
Number of daily rates quoted 850 732 534
Average daily rate £400 £400 £390
Average daily rate % change year-on-year
- +2.56%
90% offered a daily rate of more than £250 £290 £228
10% offered a daily rate of more than £550 £525 £538
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 43 64 48
Average hourly rate £22.54 £21.25 £31.56
Average hourly rate % change year-on-year
+6.07% -32.65%
90% offered a hourly rate of more than £13.50 £13.00 £13.50
10% offered a hourly rate of more than £47.33 £57.40 £45.00
UK excluding London average hourly rate £28.00 £25.00 £25.00
% change year-on-year
+12.00% -

Financial Institution
Jobs Demand Trend in the North West

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

Financial Institution Jobs Demand Trend in the North West

Financial Institution
Daily Rate Trend in the North West

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

Financial Institution Daily Rate Trend in the North West

Financial Institution
Daily Rate Histogram in the North West

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the North West region over the 3 months to 29 April 2016.

Financial Institution Daily Rate Histogram in the North West

Financial Institution
Hourly Rate Trend in the North West

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

Financial Institution Hourly Rate Trend in the North West

Financial Institution
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Financial Institution within the North West region over the 3 months to 29 April 2016. 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
Manchester -7 7 £319 -0.39% 7
Cheshire -5 6 £325 -31.57%
Merseyside - 1 - -
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the North West

For the 6 months to 29 April 2016, IT contractor jobs across the North West region citing Financial Institution 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 Financial Institution.

1 18 (100.00%) Finance
2 6 (33.33%) Banking
3 5 (27.78%) User Experience
4 4 (22.22%) Agile Software Development
5 3 (16.67%) Legal
5 3 (16.67%) Migration
5 3 (16.67%) Stakeholder Management
5 3 (16.67%) Risk Management
6 2 (11.11%) User Acceptance Testing
6 2 (11.11%) Usability Testing
6 2 (11.11%) Continuous Integration
6 2 (11.11%) Network Security
6 2 (11.11%) Kanban
6 2 (11.11%) JNCIA
6 2 (11.11%) Marketing
6 2 (11.11%) Degree
6 2 (11.11%) Wealth Management
6 2 (11.11%) Remedy ITSM
6 2 (11.11%) BDD
6 2 (11.11%) REST
6 2 (11.11%) Front End Development
6 2 (11.11%) Data Privacy
6 2 (11.11%) OSPF
6 2 (11.11%) Remedy
6 2 (11.11%) BGP
6 2 (11.11%) EIGRP
6 2 (11.11%) IGRP
6 2 (11.11%) CCNP
6 2 (11.11%) CCNA
6 2 (11.11%) Active Directory

Financial Institution
Top Related IT Skills in the North West by Category

For the 6 months to 29 April 2016, IT contractor jobs across the North West region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 1 (5.56%) MS Exchange
1 1 (5.56%) SAS
Applications
1 2 (11.11%) MS Excel
2 1 (5.56%) MS PowerPoint
2 1 (5.56%) Spreadsheet
Business Applications
1 2 (11.11%) Remedy ITSM
2 1 (5.56%) Maximo
Communications & Networking
1 2 (11.11%) BGP
1 2 (11.11%) EIGRP
1 2 (11.11%) Firewall
1 2 (11.11%) IGRP
1 2 (11.11%) Network Security
1 2 (11.11%) OSPF
1 2 (11.11%) PBX
1 2 (11.11%) TCP/IP
1 2 (11.11%) VoIP
1 2 (11.11%) WAN
2 1 (5.56%) SAN
Database & Business Intelligence
1 1 (5.56%) Data Warehouse
Development Applications
1 1 (5.56%) Axure RP
1 1 (5.56%) Jenkins
1 1 (5.56%) Maven
1 1 (5.56%) Selenium
General
1 18 (100.00%) Finance
2 6 (33.33%) Banking
3 3 (16.67%) Legal
4 2 (11.11%) Investment Banking
4 2 (11.11%) Marketing
5 1 (5.56%) Law
Job Titles
1 3 (16.67%) Analyst
1 3 (16.67%) Designer
1 3 (16.67%) Project Manager
1 3 (16.67%) UX Designer
2 2 (11.11%) Developer
2 2 (11.11%) Firewall Engineer
2 2 (11.11%) Risk Analyst
3 1 (5.56%) Banking Analyst
3 1 (5.56%) Business Change Manager
3 1 (5.56%) Consultant
3 1 (5.56%) Data Analyst
3 1 (5.56%) Design Engineer
3 1 (5.56%) Java Developer
3 1 (5.56%) Junior Project Manager
3 1 (5.56%) Network Engineer
3 1 (5.56%) Programme Director
3 1 (5.56%) QA Engineer
3 1 (5.56%) Risk Manager
3 1 (5.56%) Security Engineer
3 1 (5.56%) Test Engineer
Libraries, Frameworks & Software Standards
1 2 (11.11%) REST
1 2 (11.11%) Web Services
2 1 (5.56%) AngularJS
2 1 (5.56%) HTML
2 1 (5.56%) HTML5
2 1 (5.56%) J2EE
2 1 (5.56%) JDBC
2 1 (5.56%) React
2 1 (5.56%) Spring
2 1 (5.56%) Spring MVC
Miscellaneous
1 5 (27.78%) User Experience
2 2 (11.11%) IVR
3 1 (5.56%) Analytical Skills
3 1 (5.56%) Credit Risk
3 1 (5.56%) Health Informatics
3 1 (5.56%) Informatics
3 1 (5.56%) Reference Data
3 1 (5.56%) Statistics
3 1 (5.56%) SWIFT
Operating Systems
1 1 (5.56%) Windows
Processes & Methodologies
1 4 (22.22%) Agile Software Development
2 3 (16.67%) Migration
2 3 (16.67%) Risk Management
2 3 (16.67%) Stakeholder Management
3 2 (11.11%) BDD
3 2 (11.11%) Continuous Integration
3 2 (11.11%) Data Management
3 2 (11.11%) Data Privacy
3 2 (11.11%) Front End Development
3 2 (11.11%) ITIL
3 2 (11.11%) ITSM
3 2 (11.11%) Kanban
3 2 (11.11%) Security Management
3 2 (11.11%) Service Delivery
3 2 (11.11%) Usability Testing
3 2 (11.11%) User Acceptance Testing
3 2 (11.11%) Validation
3 2 (11.11%) Wealth Management
4 1 (5.56%) Coaching
4 1 (5.56%) Linear Regression
Programming Languages
1 2 (11.11%) Java
2 1 (5.56%) C#
2 1 (5.56%) JavaScript
2 1 (5.56%) PowerShell
2 1 (5.56%) Ruby
2 1 (5.56%) SQL
Qualifications
1 2 (11.11%) CCNA
1 2 (11.11%) CCNP
1 2 (11.11%) Cisco Certification
1 2 (11.11%) Degree
1 2 (11.11%) JNCIA
Quality Assurance & Compliance
1 1 (5.56%) QA
System Software
1 2 (11.11%) Active Directory
Systems Management
1 1 (5.56%) Dollar Universe
Vendors
1 2 (11.11%) BMC
1 2 (11.11%) Cisco
1 2 (11.11%) Juniper
1 2 (11.11%) Nortel
1 2 (11.11%) Remedy
2 1 (5.56%) Citrix
2 1 (5.56%) Microsoft
2 1 (5.56%) Oracle
2 1 (5.56%) VMware