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 3 December 2016 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
3 Dec 2016
Same period 2015 Same period 2014
Financial Institution
Rank 134 134 145
Rank change year-on-year
0 +11
Contract jobs citing Financial Institution 7 18 10
As % of all contract IT jobs located in the South West 0.26% 0.56% 0.30%
As % of the General category 0.88% 1.85% 0.90%
Number of daily rates quoted 7 14 7
Median daily rate £425 £420 £368
Median daily rate % change year-on-year
+1.19% +14.28%
90% offered a daily rate of more than £360 £250 £310
10% offered a daily rate of more than £480 £493 £486
UK excluding London median daily rate £340 £395 £381
% change year-on-year
-13.92% +3.60%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.13 £16.13 £9.10
% change year-on-year
-43.41% +77.19%
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 South West region.

General Category
South West
Contract IT job ads with a match in the
General category
800 973 1112
As % of all contract IT jobs located in the South West 29.53% 30.52% 33.20%
Number of daily rates quoted 566 668 770
Median daily rate £388 £380 £410
Median daily rate % change year-on-year
+1.97% -7.31%
90% offered a daily rate of more than £275 £275 £276
10% offered a daily rate of more than £525 £500 £563
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 36 46 63
Median hourly rate £38.00 £42.48 £28.50
Median hourly rate % change year-on-year
-10.54% +49.05%
90% offered a hourly rate of more than £25.25 £27.00 £15.75
10% offered a hourly rate of more than £48.00 £52.86 £44.15
UK excluding London median hourly rate £24.50 £28.50 £25.00
% change year-on-year
-14.03% +14.00%

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 3 December 2016.

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 3 December 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
(Click see detailed
statistics and trends)
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 0 4 £425 -10.52%
Bristol +3 1 £300 -28.57%
Dorset -3 1 £400 +42.85% 1
Wiltshire -8 1 £450 +80.00%
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the South West

For the 6 months to 3 December 2016, 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 11 (100.00%) Finance
2 9 (81.82%) Banking
3 8 (72.73%) Agile Software Development
4 4 (36.36%) TDD
4 4 (36.36%) Retail Banking
4 4 (36.36%) Retail
4 4 (36.36%) Spring
4 4 (36.36%) Investment Banking
4 4 (36.36%) Cash Management
4 4 (36.36%) Big Data
4 4 (36.36%) Kafka
4 4 (36.36%) Relational Database
4 4 (36.36%) Oracle Cash Management
4 4 (36.36%) Apache Spark
4 4 (36.36%) Scrum
4 4 (36.36%) Java
4 4 (36.36%) SQL
4 4 (36.36%) J2EE
4 4 (36.36%) Oracle
4 4 (36.36%) Cryptocurrency
4 4 (36.36%) Blockchain
5 3 (27.27%) Stakeholder Management
6 2 (18.18%) Defect Management
6 2 (18.18%) User Acceptance Testing
6 2 (18.18%) Test Management
7 1 (9.09%) Service Design
7 1 (9.09%) Anti-Money Laundering
7 1 (9.09%) Requirements Management
7 1 (9.09%) QA
7 1 (9.09%) Migration

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 4 (36.36%) Apache Spark
Business Applications
1 4 (36.36%) Oracle Cash Management
Database & Business Intelligence
1 4 (36.36%) Big Data
1 4 (36.36%) Relational Database
General
1 11 (100.00%) Finance
2 9 (81.82%) Banking
3 4 (36.36%) Investment Banking
3 4 (36.36%) Retail
3 4 (36.36%) Retail Banking
Job Titles
1 4 (36.36%) Developer
1 4 (36.36%) Investment Banking Java Developer
1 4 (36.36%) Java Developer
2 3 (27.27%) Test Manager
3 2 (18.18%) Analyst
4 1 (9.09%) Agile Delivery Manager
4 1 (9.09%) Agile Test Manager
4 1 (9.09%) AML Business Analyst
4 1 (9.09%) Business Analyst
4 1 (9.09%) Delivery Manager
4 1 (9.09%) Finance Manager
4 1 (9.09%) Senior Manager
4 1 (9.09%) Senior Test Manager
4 1 (9.09%) Systems Analyst
Libraries, Frameworks & Software Standards
1 4 (36.36%) J2EE
1 4 (36.36%) Kafka
1 4 (36.36%) Spring
Miscellaneous
1 4 (36.36%) Blockchain
1 4 (36.36%) Cryptocurrency
Processes & Methodologies
1 8 (72.73%) Agile Software Development
2 4 (36.36%) Cash Management
2 4 (36.36%) Scrum
2 4 (36.36%) TDD
3 3 (27.27%) Stakeholder Management
4 2 (18.18%) Defect Management
4 2 (18.18%) Test Management
4 2 (18.18%) User Acceptance Testing
5 1 (9.09%) Anti-Money Laundering
5 1 (9.09%) Data Modelling
5 1 (9.09%) Migration
5 1 (9.09%) Project Management
5 1 (9.09%) Requirements Management
5 1 (9.09%) Risk Management
5 1 (9.09%) Service Design
Programming Languages
1 4 (36.36%) Java
1 4 (36.36%) SQL
Quality Assurance & Compliance
1 1 (9.09%) QA
Vendors
1 4 (36.36%) Oracle