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 average contractor rates offered in IT contracts that have cited Retail Banking 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
Retail Banking
Rank 138 100 81
Rank change year-on-year
-38 -19
Contract jobs citing Retail Banking 10 46 48
As % of all contract IT jobs located in the South West 0.33% 1.43% 1.88%
As % of the General category 1.01% 4.57% 5.73%
Number of daily rates quoted 10 41 46
Average daily rate £383 £488 £396
Average daily rate % change year-on-year
-21.53% +23.10%
90% offered a daily rate of more than £296 £400 £315
10% offered a daily rate of more than £417 £575 £532
UK excluding London average daily rate £450 £445 £400
% change year-on-year
+1.12% +11.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail Banking
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
988 1007 838
As % of all contract IT jobs located in the South West 33.01% 31.21% 32.75%
Number of daily rates quoted 684 665 543
Average daily rate £375 £425 £400
Average daily rate % change year-on-year
-11.76% +6.25%
90% offered a daily rate of more than £275 £288 £275
10% offered a daily rate of more than £500 £576 £510
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 58 50 33
Average hourly rate £42.00 £39.00 £30.00
Average hourly rate % change year-on-year
+7.69% +30.00%
90% offered a hourly rate of more than £27.50 £22.80 £12.80
10% offered a hourly rate of more than £57.00 £44.50 £40.00
UK excluding London average hourly rate £33.86 £26.00 £22.50
% change year-on-year
+30.21% +15.55%

Retail Banking
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing Retail Banking across the South West region as a proportion of the total demand within 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 9 February 2016.

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 average contractor rates quoted in IT jobs citing Retail Banking within the South West 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
Bristol +1 5 £297 -28.43% 2
Gloucestershire +8 3 £400 -11.11%
Wiltshire -39 1 £410 -18.00%
Dorset - 1 £375 -
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the South West

For the 6 months to 9 February 2016, IT contractor jobs across the South West region citing Retail Banking 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 Retail Banking.

1 29 (100.00%) Banking
1 29 (100.00%) Retail
2 22 (75.86%) Finance
3 14 (48.28%) Stakeholder Management
4 5 (17.24%) SQL
5 4 (13.79%) SAP
5 4 (13.79%) Data Modelling
5 4 (13.79%) Migration
5 4 (13.79%) Data Migration
6 3 (10.34%) Business Transformation
6 3 (10.34%) Target Operating Model
6 3 (10.34%) HP Quality Center
6 3 (10.34%) User Acceptance Testing
6 3 (10.34%) Business Analysis
6 3 (10.34%) ERP
7 2 (6.90%) Business Intelligence
7 2 (6.90%) HP
7 2 (6.90%) SAP FI
7 2 (6.90%) Data Warehouse
7 2 (6.90%) SQL Server
7 2 (6.90%) SAS
7 2 (6.90%) Rational Rose
7 2 (6.90%) UML
7 2 (6.90%) SSADM
7 2 (6.90%) DSDM
7 2 (6.90%) T-SQL
7 2 (6.90%) Investment Banking
7 2 (6.90%) SQL Server Reporting Services
7 2 (6.90%) Data Management
7 2 (6.90%) Zachman Framework

Retail Banking
Top Related IT Skills in the South West by Category

For the 6 months to 9 February 2016, IT contractor jobs across the South West region citing Retail Banking 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 Retail Banking. Up to 20 skills are shown per category.

Application Platforms
1 2 (6.90%) SAS
2 1 (3.45%) WebSphere
Applications
1 1 (3.45%) MS Excel
1 1 (3.45%) MS Project
Business Applications
1 2 (6.90%) SAP CO
1 2 (6.90%) SAP FI
1 2 (6.90%) SAP FI/CO
2 1 (3.45%) Oracle ERP
2 1 (3.45%) SAP ERP
2 1 (3.45%) Summit
Communications & Networking
1 1 (3.45%) Internet
Database & Business Intelligence
1 2 (6.90%) Data Warehouse
1 2 (6.90%) SQL Server
1 2 (6.90%) SQL Server 2012
1 2 (6.90%) SQL Server Analysis Services
1 2 (6.90%) SQL Server Integration Services
1 2 (6.90%) SQL Server Reporting Services
2 1 (3.45%) MS Access
Development Applications
1 2 (6.90%) Rational Rose
General
1 29 (100.00%) Banking
1 29 (100.00%) Retail
2 22 (75.86%) Finance
3 2 (6.90%) Investment Banking
4 1 (3.45%) Legal
4 1 (3.45%) Marketing
4 1 (3.45%) Pharmaceutical
4 1 (3.45%) Telecoms
Job Titles
1 12 (41.38%) Analyst
2 7 (24.14%) Architect
2 7 (24.14%) Business Analyst
3 5 (17.24%) Solutions Architect
4 4 (13.79%) Test Leader
5 3 (10.34%) Consultant
5 3 (10.34%) Test Analyst
6 2 (6.90%) Banking Analyst
6 2 (6.90%) Business Developer
6 2 (6.90%) Business Intelligence Developer
6 2 (6.90%) Business Solution Architect
6 2 (6.90%) Developer
6 2 (6.90%) Payments Business Analyst
6 2 (6.90%) PMO Analyst
6 2 (6.90%) Retail Banking Business Analyst
6 2 (6.90%) SAP Architect
6 2 (6.90%) Senior Analyst
6 2 (6.90%) Senior Business Analyst
6 2 (6.90%) SQL BI Developer
6 2 (6.90%) SQL Developer
Miscellaneous
1 2 (6.90%) Analytical Skills
1 2 (6.90%) APACS
1 2 (6.90%) Credit Risk
1 2 (6.90%) Mathematics
1 2 (6.90%) Mobile Banking
1 2 (6.90%) Mobile Payment
1 2 (6.90%) Statistics
1 2 (6.90%) SWIFT
2 1 (3.45%) Copywriting
2 1 (3.45%) Online Banking
2 1 (3.45%) Reference Data
Processes & Methodologies
1 14 (48.28%) Stakeholder Management
2 4 (13.79%) Data Migration
2 4 (13.79%) Data Modelling
2 4 (13.79%) Migration
3 3 (10.34%) Business Analysis
3 3 (10.34%) Business Transformation
3 3 (10.34%) ERP
3 3 (10.34%) Target Operating Model
3 3 (10.34%) User Acceptance Testing
4 2 (6.90%) Business Intelligence
4 2 (6.90%) Change Management
4 2 (6.90%) Data Management
4 2 (6.90%) Dimensional Modelling
4 2 (6.90%) DSDM
4 2 (6.90%) GAP Analysis
4 2 (6.90%) SDLC
4 2 (6.90%) SSADM
4 2 (6.90%) TOGAF
4 2 (6.90%) UML
4 2 (6.90%) Zachman Framework
Programming Languages
1 5 (17.24%) SQL
2 2 (6.90%) T-SQL
3 1 (3.45%) VB
Qualifications
1 2 (6.90%) Degree
Quality Assurance & Compliance
1 2 (6.90%) SEPA
2 1 (3.45%) COREP
2 1 (3.45%) FINREP
2 1 (3.45%) QA
Systems Management
1 3 (10.34%) HP Quality Center
Vendors
1 4 (13.79%) SAP
2 2 (6.90%) HP
2 2 (6.90%) Teradata
3 1 (3.45%) ICL
3 1 (3.45%) Microsoft
3 1 (3.45%) Oracle
3 1 (3.45%) Unisys