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 28 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
28 Aug 2016
Same period 2015 Same period 2014
Retail Banking
Rank 112 118 95
Rank change year-on-year
+6 -23
Contract jobs citing Retail Banking 32 36 55
As % of all contract IT jobs located in the South West 1.13% 1.08% 1.73%
As % of the General category 3.64% 3.28% 4.93%
Number of daily rates quoted 28 33 53
Median daily rate £363 £403 £435
Median daily rate % change year-on-year
-9.93% -7.47%
90% offered a daily rate of more than £250 £327 £315
10% offered a daily rate of more than £483 £563 £556
UK excluding London median daily rate £400 £400 £442
% change year-on-year
- -9.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
880 1097 1115
As % of all contract IT jobs located in the South West 30.96% 32.81% 35.01%
Number of daily rates quoted 640 740 734
Median daily rate £375 £400 £390
Median daily rate % change year-on-year
-6.25% +2.56%
90% offered a daily rate of more than £266 £275 £262
10% offered a daily rate of more than £550 £525 £517
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 56 75 49
Median hourly rate £38.00 £38.00 £33.50
Median hourly rate % change year-on-year
- +13.43%
90% offered a hourly rate of more than £13.60 £14.65 £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%

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 28 August 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 median contractor rates quoted in IT jobs citing Retail Banking within the South West region over the 3 months to 28 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
Bristol +6 18 £350 -4.76% 4
Gloucestershire +12 11 £425 -10.52%
Wiltshire -12 1 - - 1
Somerset - 1 £575 -
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the South West

For the 6 months to 28 August 2016, 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 49 (100.00%) Banking
1 49 (100.00%) Retail
2 36 (73.47%) Finance
3 14 (28.57%) User Acceptance Testing
4 11 (22.45%) Migration
5 9 (18.37%) Analytical Skills
6 8 (16.33%) Stakeholder Management
7 7 (14.29%) Service Management
7 7 (14.29%) ITIL
7 7 (14.29%) Internet
7 7 (14.29%) Online Banking
7 7 (14.29%) Marketing
7 7 (14.29%) Problem Management
8 6 (12.24%) Service Delivery
9 5 (10.20%) Release Management
9 5 (10.20%) ISTQB
10 4 (8.16%) Business Analysis
10 4 (8.16%) ISEB
10 4 (8.16%) Test Scripting
11 3 (6.12%) Data Migration
11 3 (6.12%) Analytics
11 3 (6.12%) Test Management
11 3 (6.12%) ISTQB Foundation Certification
11 3 (6.12%) Project Management
11 3 (6.12%) SAS
11 3 (6.12%) MS Excel
11 3 (6.12%) Data Warehouse
11 3 (6.12%) SQL
11 3 (6.12%) Software Testing
11 3 (6.12%) Agile Software Development

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 3 (6.12%) SAS
Applications
1 3 (6.12%) MS Excel
2 1 (2.04%) MS Office
Communications & Networking
1 7 (14.29%) Internet
Database & Business Intelligence
1 3 (6.12%) Data Warehouse
2 2 (4.08%) SQL Server
2 2 (4.08%) SQL Server Integration Services
3 1 (2.04%) SQL Server Analysis Services
3 1 (2.04%) SQL Server Reporting Services
General
1 49 (100.00%) Banking
1 49 (100.00%) Retail
2 36 (73.47%) Finance
3 7 (14.29%) Marketing
4 1 (2.04%) General Ledger
Job Titles
1 23 (46.94%) Analyst
2 10 (20.41%) Test Manager
3 9 (18.37%) Banking Analyst
3 9 (18.37%) Test Analyst
4 6 (12.24%) Business Analyst
4 6 (12.24%) Operations Analyst
4 6 (12.24%) Test Leader
5 4 (8.16%) Project Manager
6 3 (6.12%) Digital Analyst
6 3 (6.12%) Finance Manager
6 3 (6.12%) Tester
6 3 (6.12%) UAT Manager
6 3 (6.12%) UAT Test Manager
7 2 (4.08%) Agile Test Analyst
7 2 (4.08%) Developer
7 2 (4.08%) Financial Analyst
7 2 (4.08%) HR Analyst
7 2 (4.08%) HR Business Analyst
7 2 (4.08%) Lead Business Analyst
7 2 (4.08%) Senior Database Developer
Libraries, Frameworks & Software Standards
1 1 (2.04%) .NET
Miscellaneous
1 9 (18.37%) Analytical Skills
2 7 (14.29%) Online Banking
3 2 (4.08%) Mobile App
3 2 (4.08%) Mobile Banking
4 1 (2.04%) Credit Risk
4 1 (2.04%) Data Protection Act
4 1 (2.04%) Mathematics
4 1 (2.04%) PMI
Processes & Methodologies
1 14 (28.57%) User Acceptance Testing
2 11 (22.45%) Migration
3 8 (16.33%) Stakeholder Management
4 7 (14.29%) ITIL
4 7 (14.29%) Problem Management
4 7 (14.29%) Service Management
5 6 (12.24%) Service Delivery
6 5 (10.20%) Release Management
7 4 (8.16%) Business Analysis
7 4 (8.16%) Test Scripting
8 3 (6.12%) Agile Software Development
8 3 (6.12%) Analytics
8 3 (6.12%) Data Migration
8 3 (6.12%) Project Management
8 3 (6.12%) Software Testing
8 3 (6.12%) Test Management
9 2 (4.08%) Data Analytics
9 2 (4.08%) ETL Development
9 2 (4.08%) Process Improvement
9 2 (4.08%) Security Testing
Programming Languages
1 3 (6.12%) SQL
2 2 (4.08%) T-SQL
3 1 (2.04%) C#
Qualifications
1 5 (10.20%) ISTQB
2 4 (8.16%) ISEB
3 3 (6.12%) ISTQB Foundation Certification
4 1 (2.04%) PMI Certification
4 1 (2.04%) PMP
4 1 (2.04%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (2.04%) PCI DSS
Systems Management
1 1 (2.04%) HP Quality Center
Vendors
1 1 (2.04%) Cisco
1 1 (2.04%) Teradata
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