The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 26 February 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
26 Feb 2017
Same period 2016 Same period 2015
Retail Banking
England / South West
Rank 113 134 106
Rank change year-on-year
+21 -28
Contract jobs citing Retail Banking 27 12 43
As % of all contract IT jobs located in the South West 1.01% 0.40% 1.34%
As % of the General category 3.04% 1.22% 4.32%
Number of daily rates quoted 21 12 42
Median daily rate £300 £383 £488
Median daily rate % change year-on-year
-21.56% -21.53%
90% offered a daily rate of more than £245 £297 £337
10% offered a daily rate of more than £525 £424 £600
UK excluding London median daily rate £415 £445 £438
% change year-on-year
-6.74% +1.54%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
887 985 996
As % of all contract IT jobs located in the South West 33.22% 32.81% 31.12%
Number of daily rates quoted 628 680 676
Median daily rate £390 £375 £414
Median daily rate % change year-on-year
+4.00% -9.42%
90% offered a daily rate of more than £250 £273 £275
10% offered a daily rate of more than £500 £500 £563
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 45 53 31
Median hourly rate £36.00 £42.00 £39.00
Median hourly rate % change year-on-year
-14.28% +7.69%
90% offered a hourly rate of more than £16.00 £20.90 £22.18
10% offered a hourly rate of more than £46.50 £57.00 £44.50
UK excluding London median hourly rate £27.00 £32.50 £24.00
% change year-on-year
-16.92% +35.41%

Retail Banking
Jobs Demand Trend in the South West

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

Retail Banking Jobs Demand Trend in the South West

Retail Banking
Daily Rate Trend in the South West

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

Retail Banking Daily Rate Trend in the South West

Retail Banking
Daily Rate Histogram in the South West

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the South West region over the 3 months to 26 February 2017.

Retail Banking Daily Rate Histogram in the South West

Retail Banking
Hourly Rate Trend in the South West

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

Retail Banking Hourly Rate Trend in the South West

Retail Banking
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 Retail Banking within the South West region over the 3 months to 26 February 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 +13 15 £350 -12.50%
Bristol +7 9 £300 +1.01%
Wiltshire +4 2 £525 +28.04% 1
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the South West

For the 6 months to 26 February 2017, IT contractor jobs citing Retail Banking 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 Retail Banking.

1 48 (100.00%) Banking
1 48 (100.00%) Retail
2 33 (68.75%) Finance
3 25 (52.08%) Agile Software Development
4 18 (37.50%) Test Scripting
5 12 (25.00%) Stakeholder Management
5 12 (25.00%) Scrum
6 11 (22.92%) User Acceptance Testing
7 10 (20.83%) Defect Management
8 8 (16.67%) SQL
8 8 (16.67%) Migration
9 7 (14.58%) Financial Institution
9 7 (14.58%) JMeter
9 7 (14.58%) Selenium IDE
9 7 (14.58%) Selenium
9 7 (14.58%) Cucumber
9 7 (14.58%) BDD
9 7 (14.58%) WebDriver
10 6 (12.50%) Cybersecurity
10 6 (12.50%) Internet
11 5 (10.42%) Java
12 4 (8.33%) Business Intelligence
12 4 (8.33%) JIRA
12 4 (8.33%) IFRS
12 4 (8.33%) Test Management
13 3 (6.25%) IFRS 9
13 3 (6.25%) Statistics
13 3 (6.25%) Workflow
13 3 (6.25%) SAP
13 3 (6.25%) ATM

Retail Banking
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 1 (2.08%) WebSphere
Applications
1 2 (4.17%) MS Excel
1 2 (4.17%) MS Project
2 1 (2.08%) MS Office
2 1 (2.08%) MS PowerPoint
2 1 (2.08%) MS Visio
Business Applications
1 2 (4.17%) SAP Oil and Gas
Communications & Networking
1 6 (12.50%) Internet
2 3 (6.25%) ATM
Database & Business Intelligence
1 1 (2.08%) Data Mining
1 1 (2.08%) Data Warehouse
Development Applications
1 7 (14.58%) Cucumber
1 7 (14.58%) JMeter
1 7 (14.58%) Selenium
1 7 (14.58%) Selenium IDE
1 7 (14.58%) WebDriver
2 4 (8.33%) JIRA
General
1 48 (100.00%) Banking
1 48 (100.00%) Retail
2 33 (68.75%) Finance
3 7 (14.58%) Financial Institution
4 2 (4.17%) Electronics
4 2 (4.17%) Manufacturing
4 2 (4.17%) Marketing
4 2 (4.17%) Telecoms
5 1 (2.08%) General Ledger
5 1 (2.08%) Spanish Language
Job Titles
1 21 (43.75%) Test Manager
2 10 (20.83%) Analyst
3 7 (14.58%) Test Analyst
4 6 (12.50%) Finance Manager
4 6 (12.50%) Test Automation Engineer
4 6 (12.50%) Test Engineer
5 5 (10.42%) Banking Analyst
6 4 (8.33%) Java Engineer
7 3 (6.25%) Programme Manager
8 2 (4.17%) Architect
8 2 (4.17%) Programme Test Manager
8 2 (4.17%) Project Manager
8 2 (4.17%) Senior Manager
8 2 (4.17%) Senior Test Manager
8 2 (4.17%) Solutions Architect
8 2 (4.17%) Test Leader
8 2 (4.17%) Test Programme Manager
8 2 (4.17%) Tester
8 2 (4.17%) UAT Manager
8 2 (4.17%) UAT Test Manager
Libraries, Frameworks & Software Standards
1 1 (2.08%) IBM Integration Bus
1 1 (2.08%) Middleware
1 1 (2.08%) SOAP
1 1 (2.08%) XML
1 1 (2.08%) XSD
Miscellaneous
1 1 (2.08%) Analytical Skills
1 1 (2.08%) Reference Data
1 1 (2.08%) RIA
Processes & Methodologies
1 25 (52.08%) Agile Software Development
2 18 (37.50%) Test Scripting
3 12 (25.00%) Scrum
3 12 (25.00%) Stakeholder Management
4 11 (22.92%) User Acceptance Testing
5 10 (20.83%) Defect Management
6 8 (16.67%) Migration
7 7 (14.58%) BDD
8 6 (12.50%) Cybersecurity
9 4 (8.33%) Business Intelligence
9 4 (8.33%) Test Management
10 3 (6.25%) Statistics
10 3 (6.25%) Workflow
11 2 (4.17%) Digital Marketing
11 2 (4.17%) Programme Management
11 2 (4.17%) Translating Business Requirements
12 1 (2.08%) Data Migration
12 1 (2.08%) Regulatory Compliance
12 1 (2.08%) Stakeholder Engagement
12 1 (2.08%) System Testing
Programming Languages
1 8 (16.67%) SQL
2 5 (10.42%) Java
3 1 (2.08%) C#
Qualifications
1 1 (2.08%) ISEB
1 1 (2.08%) ISTQB
Quality Assurance & Compliance
1 4 (8.33%) IFRS
2 3 (6.25%) IFRS 9
3 1 (2.08%) COREP
3 1 (2.08%) FINREP
3 1 (2.08%) PMO
3 1 (2.08%) SDET
Vendors
1 3 (6.25%) SAP
2 1 (2.08%) IBM
2 1 (2.08%) Microsoft
2 1 (2.08%) Unisys