The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 16 January 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
16 Jan 2017
Same period 2016 Same period 2015
Financial Institution
England / South West
Rank 126 141 133
Rank change year-on-year
+15 -8
Contract jobs citing Financial Institution 6 9 5
As % of all contract IT jobs located in the South West 0.23% 0.31% 0.16%
As % of the General category 0.73% 0.95% 0.52%
Number of daily rates quoted 6 6 3
Median daily rate £425 £263 £475
Median daily rate % change year-on-year
+61.90% -44.73%
90% offered a daily rate of more than £281 £225 £439
10% offered a daily rate of more than £475 £464 £497
UK excluding London median daily rate £415 £388 £391
% change year-on-year
+7.09% -0.89%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £10.44

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

General Category
South West
Contract IT job ads with a match in the
General category
820 943 967
As % of all contract IT jobs located in the South West 31.76% 32.05% 31.39%
Number of daily rates quoted 570 647 669
Median daily rate £380 £375 £420
Median daily rate % change year-on-year
+1.33% -10.71%
90% offered a daily rate of more than £250 £274 £300
10% offered a daily rate of more than £507 £500 £563
UK excluding London median daily rate £401 £400 £400
% change year-on-year
+0.12% -
Number of hourly rates quoted 41 44 60
Median hourly rate £35.50 £42.50 £28.50
Median hourly rate % change year-on-year
-16.47% +49.12%
90% offered a hourly rate of more than £16.00 £27.50 £16.10
10% offered a hourly rate of more than £48.50 £57.00 £44.50
UK excluding London median hourly rate £26.50 £33.50 £25.00
% change year-on-year
-20.89% +34.00%

Financial Institution
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in the South West

Financial Institution
Daily Rate Trend in the South West

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

Financial Institution Daily Rate Trend in the South West

Financial Institution
Daily Rate Histogram in the South West

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the South West region over the 3 months to 16 January 2017.

Financial Institution Daily Rate Histogram in the South West

Financial Institution
Hourly Rate Trend in the South West

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

Financial Institution Hourly Rate Trend in the South West

Financial Institution
Contract Job Locations in the South West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the South West region over the 3 months to 16 January 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
Gloucestershire +8 5 £425 -10.52%
Bristol +3 1 £300 -8.11% 4
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the South West

For the 6 months to 16 January 2017, IT contractor jobs citing Financial Institution 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 South West region with a requirement for Financial Institution.

1 9 (100.00%) Finance
2 7 (77.78%) Banking
3 6 (66.67%) Agile Software Development
4 4 (44.44%) Scrum
4 4 (44.44%) Retail
4 4 (44.44%) Retail Banking
5 3 (33.33%) Cash Management
5 3 (33.33%) Stakeholder Management
6 2 (22.22%) Java
6 2 (22.22%) SQL
6 2 (22.22%) J2EE
6 2 (22.22%) Oracle
6 2 (22.22%) Test Management
6 2 (22.22%) QA
6 2 (22.22%) User Acceptance Testing
6 2 (22.22%) Spring
6 2 (22.22%) Investment Banking
6 2 (22.22%) TDD
6 2 (22.22%) Big Data
6 2 (22.22%) Kafka
6 2 (22.22%) Relational Database
6 2 (22.22%) Oracle Cash Management
6 2 (22.22%) Apache Spark
6 2 (22.22%) Defect Management
6 2 (22.22%) Cryptocurrency
6 2 (22.22%) Blockchain
7 1 (11.11%) Anti-Money Laundering
7 1 (11.11%) Fintech
7 1 (11.11%) Test Planning
7 1 (11.11%) Requirements Management

Financial Institution
Top Related IT Skills in the South West 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 2 (22.22%) Apache Spark
Business Applications
1 2 (22.22%) Oracle Cash Management
Database & Business Intelligence
1 2 (22.22%) Big Data
1 2 (22.22%) Relational Database
General
1 9 (100.00%) Finance
2 7 (77.78%) Banking
3 4 (44.44%) Retail
3 4 (44.44%) Retail Banking
4 2 (22.22%) Investment Banking
Job Titles
1 3 (33.33%) Test Manager
2 2 (22.22%) Analyst
2 2 (22.22%) Developer
2 2 (22.22%) Investment Banking Java Developer
2 2 (22.22%) Java Developer
3 1 (11.11%) Agile Delivery Manager
3 1 (11.11%) Agile Test Manager
3 1 (11.11%) AML Business Analyst
3 1 (11.11%) Business Analyst
3 1 (11.11%) Delivery Manager
3 1 (11.11%) Finance Manager
3 1 (11.11%) Lead Test Analyst
3 1 (11.11%) Senior Analyst
3 1 (11.11%) Senior Manager
3 1 (11.11%) Senior Test Analyst
3 1 (11.11%) Senior Test Manager
3 1 (11.11%) Test Analyst
3 1 (11.11%) Test Leader
Libraries, Frameworks & Software Standards
1 2 (22.22%) J2EE
1 2 (22.22%) Kafka
1 2 (22.22%) Spring
Miscellaneous
1 2 (22.22%) Blockchain
1 2 (22.22%) Cryptocurrency
2 1 (11.11%) Fintech
Processes & Methodologies
1 6 (66.67%) Agile Software Development
2 4 (44.44%) Scrum
3 3 (33.33%) Cash Management
3 3 (33.33%) Stakeholder Management
4 2 (22.22%) Defect Management
4 2 (22.22%) TDD
4 2 (22.22%) Test Management
4 2 (22.22%) User Acceptance Testing
5 1 (11.11%) Anti-Money Laundering
5 1 (11.11%) Change Management
5 1 (11.11%) Data Modelling
5 1 (11.11%) Integration Testing
5 1 (11.11%) Requirements Management
5 1 (11.11%) Risk Management
5 1 (11.11%) Test Planning
5 1 (11.11%) Test Scripting
5 1 (11.11%) Time Management
5 1 (11.11%) Wealth Management
Programming Languages
1 2 (22.22%) Java
1 2 (22.22%) SQL
Quality Assurance & Compliance
1 2 (22.22%) QA
Vendors
1 2 (22.22%) Oracle