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 30 August 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
30 Aug 2016
Same period 2015 Same period 2014
Financial Institution
Rank 133 132 140
Rank change year-on-year
-1 +8
Contract jobs citing Financial Institution 3 16 9
As % of all contract IT jobs located in the South West 0.10% 0.49% 0.28%
As % of the General category 0.33% 1.50% 0.82%
Number of daily rates quoted 3 8 4
Median daily rate £438 £425 £325
Median daily rate % change year-on-year
+2.94% +30.76%
90% offered a daily rate of more than £352 £373 £315
10% offered a daily rate of more than £468 £450 £465
UK excluding London median daily rate £434 £400 £350
% change year-on-year
+8.43% +14.28%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £8.91 £21.53 £9.57
% change year-on-year
-58.62% +124.86%
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
896 1069 1099
As % of all contract IT jobs located in the South West 31.00% 32.59% 34.76%
Number of daily rates quoted 648 720 724
Median daily rate £375 £400 £389
Median daily rate % change year-on-year
-6.25% +2.89%
90% offered a daily rate of more than £268 £275 £265
10% offered a daily rate of more than £550 £525 £515
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 56 73 49
Median hourly rate £38.00 £40.00 £33.50
Median hourly rate % change year-on-year
-5.00% +19.40%
90% offered a hourly rate of more than £13.60 £16.00 £11.00
10% offered a hourly rate of more than £51.74 £55.00 £41.01
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year
-20.00% +11.11%

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 30 August 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 30 August 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
Dorset -2 3 £438 -
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the South West

For the 6 months to 30 August 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 13 (100.00%) Finance
2 6 (46.15%) Hedge funds
3 5 (38.46%) Big Data
3 5 (38.46%) J2EE
3 5 (38.46%) Java
3 5 (38.46%) Project Management
3 5 (38.46%) Agile Software Development
3 5 (38.46%) Banking
4 4 (30.77%) Analytical Skills
5 3 (23.08%) Analytics
5 3 (23.08%) Natural Language Processing
5 3 (23.08%) Machine Learning
5 3 (23.08%) Predictive Modelling
5 3 (23.08%) WebSphere
5 3 (23.08%) Algorithms
5 3 (23.08%) Text Mining
5 3 (23.08%) Statistical Analysis
5 3 (23.08%) SQL
5 3 (23.08%) Linux
5 3 (23.08%) Data Mining
6 2 (15.38%) Oracle
6 2 (15.38%) TDD
6 2 (15.38%) Cryptocurrency
6 2 (15.38%) Blockchain
6 2 (15.38%) Cash Management
6 2 (15.38%) Spring
6 2 (15.38%) Investment Banking
6 2 (15.38%) Relational Database
6 2 (15.38%) Oracle Cash Management
6 2 (15.38%) Apache Spark

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 3 (23.08%) WebSphere
2 2 (15.38%) Apache Spark
Business Applications
1 2 (15.38%) Oracle Cash Management
Database & Business Intelligence
1 5 (38.46%) Big Data
2 3 (23.08%) Data Mining
2 3 (23.08%) Text Mining
3 2 (15.38%) Relational Database
General
1 13 (100.00%) Finance
2 5 (38.46%) Banking
3 2 (15.38%) Investment Banking
Job Titles
1 6 (46.15%) Developer
2 3 (23.08%) Agile Developer
2 3 (23.08%) Data Scientist
3 2 (15.38%) Investment Banking Java Developer
3 2 (15.38%) Java Developer
4 1 (7.69%) Analyst
4 1 (7.69%) Incident Manager
4 1 (7.69%) IT Manager
4 1 (7.69%) IT Project Manager
4 1 (7.69%) Major Incident Manager
4 1 (7.69%) Murex Developer
4 1 (7.69%) Project Manager
4 1 (7.69%) SQL Developer
4 1 (7.69%) Systems Analyst
4 1 (7.69%) Test Manager
Libraries, Frameworks & Software Standards
1 5 (38.46%) J2EE
2 3 (23.08%) Natural Language Processing
3 2 (15.38%) Kafka
3 2 (15.38%) Spring
Miscellaneous
1 6 (46.15%) Hedge funds
2 4 (30.77%) Analytical Skills
3 3 (23.08%) Algorithms
4 2 (15.38%) Blockchain
4 2 (15.38%) Cryptocurrency
5 1 (7.69%) Mainframe
5 1 (7.69%) Online Banking
Operating Systems
1 3 (23.08%) Linux
Processes & Methodologies
1 5 (38.46%) Agile Software Development
1 5 (38.46%) Project Management
2 3 (23.08%) Analytics
2 3 (23.08%) Machine Learning
2 3 (23.08%) Predictive Modelling
2 3 (23.08%) Statistical Analysis
3 2 (15.38%) Cash Management
3 2 (15.38%) TDD
4 1 (7.69%) Change Management
4 1 (7.69%) Incident Management
4 1 (7.69%) ITIL
4 1 (7.69%) Matrix Organization
4 1 (7.69%) Migration
4 1 (7.69%) PRINCE2
4 1 (7.69%) Risk Management
4 1 (7.69%) Service Design
4 1 (7.69%) Service Management
4 1 (7.69%) Stakeholder Engagement
Programming Languages
1 5 (38.46%) Java
2 3 (23.08%) SQL
Vendors
1 2 (15.38%) Oracle
2 1 (7.69%) Murex