The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 9 February 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.

Location
3 months to
9 Feb 2016
Same period 2015 Same period 2014
Financial Institution
Rank 115 108 102
Rank change year-on-year
-7 -6
Contract jobs citing Financial Institution 13 16 18
As % of all contract IT jobs located in Scotland 0.51% 0.59% 0.78%
As % of the General category 1.13% 1.30% 1.96%
Number of daily rates quoted 9 12 12
Average daily rate £425 £383 £355
Average daily rate % change year-on-year
+11.11% +7.74%
90% offered a daily rate of more than £305 £254 £339
10% offered a daily rate of more than £475 £496 £405
UK excluding London average daily rate £385 £385 £375
% change year-on-year
- +2.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £15.75 £9.82
% change year-on-year
- +60.46%
Financial Institution
UK

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

General Category
Scotland
Contract IT job ads with a match in the
General category
1154 1235 918
As % of all contract IT jobs located in Scotland 45.22% 45.64% 39.62%
Number of daily rates quoted 544 649 442
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.25% -
90% offered a daily rate of more than £275 £300 £262
10% offered a daily rate of more than £575 £525 £500
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 11 11 14
Average hourly rate £37.50 £26.00 £17.00
Average hourly rate % change year-on-year
+44.23% +52.94%
90% offered a hourly rate of more than £11.00 £10.85 £12.00
10% offered a hourly rate of more than £45.00 £40.00 £32.50
UK excluding London average hourly rate £33.86 £26.00 £22.50
% change year-on-year
+30.21% +15.55%

Financial Institution
Jobs Demand Trend in Scotland

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

Financial Institution Jobs Demand Trend in Scotland

Financial Institution
Daily Rate Trend in Scotland

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

Financial Institution Daily Rate Trend in Scotland

Financial Institution
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the Scotland region over the 3 months to 9 February 2016.

Financial Institution Daily Rate Histogram in Scotland

Financial Institution
Hourly Rate Trend in Scotland

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

Financial Institution Hourly Rate Trend in Scotland

Financial Institution
Contract Job Locations in Scotland

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 Scotland region over the 3 months to 9 February 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
Edinburgh -8 8 £475 +26.66% 7
Aberdeen - 2 £325 -
Glasgow +6 1 £225 -41.17%
Stirling - 1 £375 -
Financial Institution
UK

Financial Institution
Top 30 Related IT Skills in Scotland

For the 6 months to 9 February 2016, IT contractor jobs across the Scotland 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 31 (100.00%) Finance
2 7 (22.58%) Banking
2 7 (22.58%) Oracle
3 6 (19.35%) Analytical Skills
4 5 (16.13%) Unix
5 4 (12.90%) Active Directory
5 4 (12.90%) Java
5 4 (12.90%) SQL
5 4 (12.90%) .NET
5 4 (12.90%) Oracle BI EE
5 4 (12.90%) Hedge funds
6 3 (9.68%) Data Centre
6 3 (9.68%) Agile Software Development
6 3 (9.68%) Microsoft
6 3 (9.68%) SQL Server
6 3 (9.68%) Business Intelligence
6 3 (9.68%) Windows
7 2 (6.45%) VBA
7 2 (6.45%) MS Office
7 2 (6.45%) Web Services
7 2 (6.45%) CA
7 2 (6.45%) Shell Script
7 2 (6.45%) Middleware
7 2 (6.45%) Stakeholder Management
7 2 (6.45%) Clustering
7 2 (6.45%) Data Analysis
7 2 (6.45%) Retail
7 2 (6.45%) Asset Management
7 2 (6.45%) User Acceptance Testing
7 2 (6.45%) PowerShell

Financial Institution
Top Related IT Skills in Scotland by Category

For the 6 months to 9 February 2016, IT contractor jobs across the Scotland 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 (3.23%) Apache
1 1 (3.23%) SAS
1 1 (3.23%) SharePoint
1 1 (3.23%) WebSphere
Applications
1 2 (6.45%) MS Office
2 1 (3.23%) MS Project
Communications & Networking
1 1 (3.23%) DHCP
1 1 (3.23%) DNS
1 1 (3.23%) LDAP
Database & Business Intelligence
1 4 (12.90%) Oracle BI EE
2 3 (9.68%) SQL Server
3 1 (3.23%) RDBMS
3 1 (3.23%) Relational Database
3 1 (3.23%) SQL Server Reporting Services
Development Applications
1 1 (3.23%) Git (software)
1 1 (3.23%) Gradle
1 1 (3.23%) JUnit
1 1 (3.23%) Mockito
General
1 31 (100.00%) Finance
2 7 (22.58%) Banking
3 2 (6.45%) Retail
4 1 (3.23%) Advertising
4 1 (3.23%) Investment Banking
4 1 (3.23%) Legal
4 1 (3.23%) Retail Banking
Job Titles
1 9 (29.03%) Developer
2 8 (25.81%) Analyst
3 4 (12.90%) Architect
3 4 (12.90%) Consultant
4 3 (9.68%) .NET Developer
4 3 (9.68%) Business Analyst
5 2 (6.45%) Data Analyst
5 2 (6.45%) Designer
5 2 (6.45%) OBIEE Consultant
5 2 (6.45%) OBIEE Developer
5 2 (6.45%) Project Manager
5 2 (6.45%) Security Architect
5 2 (6.45%) Security Consultant
6 1 (3.23%) Excel Developer
6 1 (3.23%) Functional Analyst
6 1 (3.23%) SAS Analyst
6 1 (3.23%) Senior Data Warehouse Specialist
6 1 (3.23%) Senior Excel Developer
6 1 (3.23%) SQL Database Developer
6 1 (3.23%) VBA Developer
Libraries, Frameworks & Software Standards
1 4 (12.90%) .NET
2 2 (6.45%) Middleware
2 2 (6.45%) Web Services
3 1 (3.23%) Hibernate
3 1 (3.23%) JMS
3 1 (3.23%) JPA
3 1 (3.23%) OAuth
3 1 (3.23%) SOAP
3 1 (3.23%) Spring
3 1 (3.23%) XML
Miscellaneous
1 6 (19.35%) Analytical Skills
2 4 (12.90%) Hedge funds
3 3 (9.68%) Data Centre
4 2 (6.45%) Clustering
5 1 (3.23%) Algorithms
5 1 (3.23%) DataPower
5 1 (3.23%) Mainframe
5 1 (3.23%) Management Information System
5 1 (3.23%) PKI
5 1 (3.23%) PMI
Operating Systems
1 5 (16.13%) Unix
2 3 (9.68%) Windows
3 1 (3.23%) Linux
3 1 (3.23%) Solaris
3 1 (3.23%) Windows 10
3 1 (3.23%) Windows 7
3 1 (3.23%) Windows Server 2008
3 1 (3.23%) Windows Server 2012
3 1 (3.23%) zOS
Processes & Methodologies
1 3 (9.68%) Agile Software Development
1 3 (9.68%) Business Intelligence
2 2 (6.45%) Asset Management
2 2 (6.45%) Data Analysis
2 2 (6.45%) Identity Access Management
2 2 (6.45%) Root Cause Analysis
2 2 (6.45%) Security Operations
2 2 (6.45%) Stakeholder Management
2 2 (6.45%) User Acceptance Testing
3 1 (3.23%) Analytics
3 1 (3.23%) Defect Management
3 1 (3.23%) DevOps
3 1 (3.23%) Functional Testing
3 1 (3.23%) Line Management
3 1 (3.23%) SDLC
3 1 (3.23%) Security Testing
3 1 (3.23%) System Integration Testing
3 1 (3.23%) Test Scripting
3 1 (3.23%) Time Management
3 1 (3.23%) Vulnerability Management
Programming Languages
1 4 (12.90%) Java
1 4 (12.90%) SQL
2 2 (6.45%) PowerShell
2 2 (6.45%) Shell Script
2 2 (6.45%) VBA
3 1 (3.23%) C#
3 1 (3.23%) Perl
3 1 (3.23%) Ruby
Qualifications
1 1 (3.23%) CISSP
1 1 (3.23%) PMI Certification
Quality Assurance & Compliance
1 1 (3.23%) COBIT
1 1 (3.23%) Data Quality
1 1 (3.23%) ISO/IEC 27001
1 1 (3.23%) MiFID
System Software
1 4 (12.90%) Active Directory
2 1 (3.23%) Hyper-V
2 1 (3.23%) Microsoft App-V
2 1 (3.23%) RACF
2 1 (3.23%) Veritas Cluster Server
2 1 (3.23%) Veritas File System
2 1 (3.23%) Veritas Volume Manager
2 1 (3.23%) VMware ESX
2 1 (3.23%) VMware ESXi
2 1 (3.23%) VMware Infrastructure
2 1 (3.23%) XenApp
2 1 (3.23%) XenDesktop
Systems Management
1 1 (3.23%) CA Single Sign-On
1 1 (3.23%) HP Quality Center
1 1 (3.23%) Nagios
1 1 (3.23%) SCCM
1 1 (3.23%) SCOM
1 1 (3.23%) TADDM
Vendors
1 7 (22.58%) Oracle
2 3 (9.68%) Microsoft
3 2 (6.45%) CA
4 1 (3.23%) Adobe
4 1 (3.23%) Cisco
4 1 (3.23%) Citrix
4 1 (3.23%) IBM
4 1 (3.23%) Nimsoft
4 1 (3.23%) Teradata
4 1 (3.23%) Veritas
4 1 (3.23%) VMware
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