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 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
24 Feb 2017
Same period 2016 Same period 2015
Banking
North East / Tyne and Wear
Rank 78 58 -
Rank change year-on-year
-20 -
Contract jobs citing Banking 7 14 0
As % of all contract IT jobs located in Tyne and Wear 0.98% 2.03% -
As % of the General category 6.03% 9.59% -
Number of daily rates quoted 6 12 0
Median daily rate £550 £318 -
Median daily rate % change year-on-year
+73.22% -
UK excluding London median daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.96 £11.75 £10.44
% change year-on-year
+10.31% +12.54%

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
116 146 72
As % of all contract IT jobs located in Tyne and Wear 16.20% 21.16% 17.96%
Number of daily rates quoted 78 95 54
Median daily rate £400 £360 £338
Median daily rate % change year-on-year
+11.11% +6.66%
90% offered a daily rate of more than £285 £216 £250
10% offered a daily rate of more than £550 £520 £454
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 3 3 3
Median hourly rate £33.72 £14.00 £38.50
Median hourly rate % change year-on-year
+140.85% -63.63%
UK excluding London median hourly rate £27.00 £31.50 £22.85
% change year-on-year
-14.28% +37.85%

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
Daily Rate Histogram in Tyne and Wear

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Tyne and Wear region over the 3 months to 24 February 2017.

Banking Daily Rate Histogram 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 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
Newcastle upon Tyne -20 6 £550 +73.22% 2
Sunderland - 1 £550 -
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 24 February 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 (40.00%) Linux
2 7 (35.00%) Analytical Skills
3 6 (30.00%) Operational Acceptance Testing
3 6 (30.00%) Finance
3 6 (30.00%) Retail
3 6 (30.00%) Integration Testing
4 5 (25.00%) Retail Banking
4 5 (25.00%) Degree
5 4 (20.00%) Change Management
5 4 (20.00%) ITIL
5 4 (20.00%) Problem Management
5 4 (20.00%) Linux Command Line
6 3 (15.00%) CMDB
6 3 (15.00%) Hedge funds
6 3 (15.00%) Analytics
6 3 (15.00%) ServiceNow
6 3 (15.00%) PL/SQL
6 3 (15.00%) SQL
6 3 (15.00%) Oracle
6 3 (15.00%) Oracle Forms
6 3 (15.00%) Oracle Reports
6 3 (15.00%) Shell Script
6 3 (15.00%) Incident Management
6 3 (15.00%) Investment Management
6 3 (15.00%) Knowledge Management
7 2 (10.00%) Agile Software Development
7 2 (10.00%) Java
7 2 (10.00%) Financial Institution
7 2 (10.00%) ATM
7 2 (10.00%) XML

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 (5.00%) WebSphere
Applications
1 1 (5.00%) MS Excel
1 1 (5.00%) MS PowerPoint
Cloud Services
1 1 (5.00%) IaaS
1 1 (5.00%) PaaS
1 1 (5.00%) SaaS
Communications & Networking
1 2 (10.00%) ATM
Database & Business Intelligence
1 3 (15.00%) Oracle Reports
Development Applications
1 3 (15.00%) Oracle Forms
2 1 (5.00%) StarTeam
General
1 6 (30.00%) Finance
1 6 (30.00%) Retail
2 5 (25.00%) Retail Banking
3 2 (10.00%) Financial Institution
4 1 (5.00%) Marketing
Job Titles
1 7 (35.00%) Developer
2 5 (25.00%) Analyst
3 3 (15.00%) Business Analyst
3 3 (15.00%) Oracle Developer
3 3 (15.00%) ServiceNow Developer
4 2 (10.00%) AML Business Analyst
4 2 (10.00%) ATM Engineer
5 1 (5.00%) 3rd Line Support Analyst
5 1 (5.00%) Copywriter
5 1 (5.00%) Designer
5 1 (5.00%) Financial Business Analyst
5 1 (5.00%) Financial Services Business Analyst
5 1 (5.00%) Fraud Business Analyst
5 1 (5.00%) Operational Support Analyst
5 1 (5.00%) Operations Analyst
5 1 (5.00%) Operations Support Analyst
5 1 (5.00%) Oracle Forms Developer
5 1 (5.00%) Risk Analyst
5 1 (5.00%) Scrum Master
5 1 (5.00%) Security Project Manager
Libraries, Frameworks & Software Standards
1 2 (10.00%) XML
Miscellaneous
1 7 (35.00%) Analytical Skills
2 4 (20.00%) Linux Command Line
3 3 (15.00%) CMDB
3 3 (15.00%) Hedge funds
4 1 (5.00%) Data Structures
Operating Systems
1 8 (40.00%) Linux
2 1 (5.00%) AIX
2 1 (5.00%) Unix
2 1 (5.00%) Windows
2 1 (5.00%) Windows 2000
2 1 (5.00%) Windows XP
Processes & Methodologies
1 6 (30.00%) Integration Testing
1 6 (30.00%) Operational Acceptance Testing
2 4 (20.00%) Change Management
2 4 (20.00%) ITIL
2 4 (20.00%) Problem Management
3 3 (15.00%) Analytics
3 3 (15.00%) Incident Management
3 3 (15.00%) Investment Management
3 3 (15.00%) Knowledge Management
4 2 (10.00%) Agile Software Development
4 2 (10.00%) Anti-Money Laundering
5 1 (5.00%) Business Analysis
5 1 (5.00%) Data Analysis
5 1 (5.00%) Data Management
5 1 (5.00%) GAP Analysis
5 1 (5.00%) ITSM
5 1 (5.00%) Logistics
5 1 (5.00%) PRINCE2
5 1 (5.00%) Scrum
5 1 (5.00%) Validation
Programming Languages
1 3 (15.00%) PL/SQL
1 3 (15.00%) Shell Script
1 3 (15.00%) SQL
2 2 (10.00%) Java
Qualifications
1 5 (25.00%) Degree
2 1 (5.00%) SC Cleared
2 1 (5.00%) Security Cleared
Quality Assurance & Compliance
1 1 (5.00%) Data Quality
1 1 (5.00%) MiFID
Vendors
1 3 (15.00%) Oracle
1 3 (15.00%) ServiceNow
2 1 (5.00%) Borland
2 1 (5.00%) Microsoft