The table below looks at the prevalence of the term Banking in IT contracts advertised for the Tyne and Wear region. Included is a guide to the contractor rates offered in IT contracts that have cited Banking over the 3 months to 24 January 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
24 Jan 2017
Same period 2016 Same period 2015
Banking
North East / Tyne and Wear
Rank 81 50 42
Rank change year-on-year
-31 -8
Contract jobs citing Banking 5 18 1
As % of all contract IT jobs located in Tyne and Wear 0.63% 2.62% 0.25%
As % of the General category 3.97% 11.46% 1.43%
Number of daily rates quoted 3 15 1
Median daily rate £550 £385 £300
Median daily rate % change year-on-year
+42.85% +28.33%
UK excluding London median daily rate £413 £420 £425
% change year-on-year
-1.78% -1.17%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.30 £15.78 £10.44
% change year-on-year
+9.64% +51.12%

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Tyne and Wear region.

General Category
Tyne and Wear
Contract IT job ads with a match in the
General category
126 157 70
As % of all contract IT jobs located in Tyne and Wear 15.83% 22.89% 17.20%
Number of daily rates quoted 89 103 52
Median daily rate £400 £378 £350
Median daily rate % change year-on-year
+5.96% +7.85%
90% offered a daily rate of more than £300 £270 £250
10% offered a daily rate of more than £525 £535 £451
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 2 5 3
Median hourly rate £33.72 £47.50 £38.50
Median hourly rate % change year-on-year
-29.01% +23.37%
UK excluding London median hourly rate £26.50 £35.00 £27.17
% change year-on-year
-24.28% +28.84%

Banking
Jobs Demand Trend in Tyne and Wear

The demand trend of contract jobs across the Tyne and Wear region citing Banking as a proportion of all IT contracts with a match in the General category.

Banking Jobs Demand Trend in Tyne and Wear

Banking
Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Tyne and Wear region.

Banking Daily Rate Trend in Tyne and Wear

Banking
Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Tyne and Wear region.

Banking Hourly Rate Trend in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 3 months to 24 January 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
Newcastle upon Tyne -33 4 £513 +31.41% 2
Sunderland -3 1 £550 +83.33%
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 24 January 2017, IT contractor jobs citing 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 Tyne and Wear region with a requirement for Banking.

1 8 (38.10%) Linux
1 8 (38.10%) Finance
2 7 (33.33%) Analytical Skills
3 6 (28.57%) Operational Acceptance Testing
3 6 (28.57%) Integration Testing
3 6 (28.57%) Degree
4 4 (19.05%) Change Management
4 4 (19.05%) ITIL
4 4 (19.05%) Knowledge Management
4 4 (19.05%) Problem Management
5 3 (14.29%) Investment Management
5 3 (14.29%) Analytics
5 3 (14.29%) ServiceNow
5 3 (14.29%) Hedge funds
5 3 (14.29%) Incident Management
5 3 (14.29%) CMDB
5 3 (14.29%) Retail
5 3 (14.29%) PL/SQL
5 3 (14.29%) SQL
5 3 (14.29%) Oracle
5 3 (14.29%) Oracle Forms
5 3 (14.29%) Oracle Reports
5 3 (14.29%) HP
5 3 (14.29%) Shell Script
6 2 (9.52%) Financial Institution
6 2 (9.52%) ATM
6 2 (9.52%) XML
6 2 (9.52%) Java
6 2 (9.52%) Telecoms
6 2 (9.52%) Cisco IPCC

Banking
Top Related IT Skills in Tyne and Wear 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 (4.76%) SAS
1 1 (4.76%) WebSphere
Applications
1 1 (4.76%) MS Excel
1 1 (4.76%) MS PowerPoint
Cloud Services
1 1 (4.76%) IaaS
1 1 (4.76%) PaaS
1 1 (4.76%) SaaS
Communications & Networking
1 2 (9.52%) ATM
Database & Business Intelligence
1 3 (14.29%) Oracle Reports
2 1 (4.76%) Base SAS
2 1 (4.76%) SAS EBI
2 1 (4.76%) SAS Enterprise Guide
Development Applications
1 3 (14.29%) Oracle Forms
2 1 (4.76%) JMeter
2 1 (4.76%) LoadRunner
2 1 (4.76%) StarTeam
General
1 8 (38.10%) Finance
2 3 (14.29%) Retail
3 2 (9.52%) Financial Institution
3 2 (9.52%) Retail Banking
3 2 (9.52%) Telecoms
Job Titles
1 8 (38.10%) Developer
2 6 (28.57%) Analyst
3 3 (14.29%) Oracle Developer
3 3 (14.29%) ServiceNow Developer
4 2 (9.52%) AML Business Analyst
4 2 (9.52%) ATM Engineer
4 2 (9.52%) Business Analyst
4 2 (9.52%) Test Analyst
5 1 (4.76%) 3rd Line Support
5 1 (4.76%) Financial Business Analyst
5 1 (4.76%) Fraud Analyst
5 1 (4.76%) Functional Analyst
5 1 (4.76%) Operations Analyst
5 1 (4.76%) Oracle Forms Developer
5 1 (4.76%) Risk Analyst
5 1 (4.76%) SAS Developer
5 1 (4.76%) Service Analyst
5 1 (4.76%) Support Analyst
5 1 (4.76%) Support Engineer
5 1 (4.76%) Tester
Libraries, Frameworks & Software Standards
1 2 (9.52%) XML
Miscellaneous
1 7 (33.33%) Analytical Skills
2 3 (14.29%) CMDB
2 3 (14.29%) Hedge funds
3 1 (4.76%) Data Structures
3 1 (4.76%) Virtual Team
Operating Systems
1 8 (38.10%) Linux
2 1 (4.76%) AIX
2 1 (4.76%) Unix
2 1 (4.76%) Windows
2 1 (4.76%) Windows 2000
2 1 (4.76%) Windows XP
Processes & Methodologies
1 6 (28.57%) Integration Testing
1 6 (28.57%) Operational Acceptance Testing
2 4 (19.05%) Change Management
2 4 (19.05%) ITIL
2 4 (19.05%) Knowledge Management
2 4 (19.05%) Problem Management
3 3 (14.29%) Analytics
3 3 (14.29%) Incident Management
3 3 (14.29%) Investment Management
4 2 (9.52%) Anti-Money Laundering
5 1 (4.76%) DevOps
5 1 (4.76%) Functional Testing
5 1 (4.76%) Mentoring
5 1 (4.76%) Non-Functional Testing
5 1 (4.76%) Open Source
5 1 (4.76%) Process Improvement
5 1 (4.76%) Risk Analysis
5 1 (4.76%) Test Automation
5 1 (4.76%) Test Strategy
5 1 (4.76%) Volume Testing
Programming Languages
1 3 (14.29%) PL/SQL
1 3 (14.29%) Shell Script
1 3 (14.29%) SQL
2 2 (9.52%) Java
Qualifications
1 6 (28.57%) Degree
2 1 (4.76%) SC Cleared
2 1 (4.76%) Security Cleared
Quality Assurance & Compliance
1 1 (4.76%) Data Quality
1 1 (4.76%) MiFID
Systems Management
1 2 (9.52%) Cisco IPCC
1 2 (9.52%) HP Quality Center
Vendors
1 3 (14.29%) HP
1 3 (14.29%) Oracle
1 3 (14.29%) ServiceNow
2 1 (4.76%) Borland
2 1 (4.76%) Microsoft