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This section looks at the prevalence of the term 'Private Banking' in contract IT jobs across the UK together with a comparison to our General terms category. Included is a guide to the contractor rates offered in IT jobs that have cited Private Banking over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkPrivate Banking
Location
3 months to 25 Jul 2008Same period last year
Rank547597
Rank change on same period last yearUp+50
Matching contract IT job ads3858
As % of all UK contract IT job ads sampled0.051 %0.059 %
As % of the category below0.105 %0.122 %
Daily rates quoted127
Average minimum daily rate£387£539
Average daily rate£408£625
% change on same period last year-34.77 %
Average maximum daily rate£429£711
UK excluding London average daily rate--
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
IT Contractor Job Market, GeneralGeneral
UK
Matching contract IT job ads3614047376
As % of all UK contract IT job ads sampled48.17 %47.93 %
Daily rates quoted1367716935
Average minimum daily rate£415£419
Average daily rate£444£448
% change on same period last year-0.79 %
Average maximum daily rate£473£476
UK excluding London average daily rate£383£374
% change on same period last year+2.49 %
Hourly rates quoted20572302
Average minimum hourly rate£24.89£25.14
Average hourly rate£26.66£26.87
% change on same period last year-0.80 %
Average maximum hourly rate£28.43£28.61
UK excluding London average hourly rate£26.78£27.25
% change on same period last year-1.70 %

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Private Banking
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Private Banking within the UK as a proportion of the total demand within the General category.

Private Banking Demand Trend

Private Banking
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Private Banking within the UK.

Private Banking Daily Rate Trend

Private Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Private Banking within the UK over the 3 months to 25 July 2008.

Private Banking Daily Rate Histogram

Private Banking
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Private Banking within the UK.

Private Banking Hourly Rate Trend

Private Banking
Top 7 Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Private Banking within the UK over the 3 months to 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
LondonUp+4435£408-34.77 %
EnglandUp+5135£408-34.77 %
City of LondonDown-258£475-13.63 %
Channel IslandsNew entry-2--
Canary WharfNew entry-1--
GuernseyNew entry-1--
JerseyNew entry-1--

Private Banking
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs within the UK citing Private 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 Private Banking.

177 (100.00 %)Banking
224 (31.17 %)Asset Management
323 (29.87 %)Investment Banking
422 (28.57 %)Wealth Management
520 (25.97 %)Finance
614 (18.18 %)SQL
712 (15.58 %)Temenos Globus
811 (14.29 %)Business Analysis
99 (11.69 %)Retail
99 (11.69 %)Migration
99 (11.69 %)User Acceptance Testing
108 (10.39 %)Project Management
108 (10.39 %)Oracle
108 (10.39 %)MS Office
117 (9.091 %)UNIX
117 (9.091 %)Microsoft
117 (9.091 %)Front Office
126 (7.792 %)Risk Management
126 (7.792 %)Change Management
126 (7.792 %)Linux
126 (7.792 %)VB
126 (7.792 %)Investment Management
135 (6.494 %)Data Migration
135 (6.494 %).NET
144 (5.195 %)VB6
144 (5.195 %)Retail Banking
144 (5.195 %)Back Office
144 (5.195 %)VB.NET
144 (5.195 %)VBA
144 (5.195 %)E-Commerce

Private Banking
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs within the UK citing Private 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 Private Banking. Up to 20 skills are shown per category.

IT Contractor Job Market, Application DevelopmentApplication Development
15 (6.494 %).NET
21 (1.299 %)ASP
IT Contractor Job Market, ApplicationsApplications
18 (10.39 %)MS Office
22 (2.597 %)MS Excel
22 (2.597 %)MS Project
IT Contractor Job Market, Business ApplicationsBusiness Applications
112 (15.58 %)Temenos Globus
24 (5.195 %)Temenos T24
31 (1.299 %)Summit
IT Contractor Job Market, Communications & NetworkingCommunications & Networking
12 (2.597 %)VoIP
12 (2.597 %)SAN
21 (1.299 %)Firewall
21 (1.299 %)Frame Relay
21 (1.299 %)ISDN
IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
12 (2.597 %)SQL Server
21 (1.299 %)MS Access
21 (1.299 %)Datawarehouse
21 (1.299 %)ETL
21 (1.299 %)TOAD
21 (1.299 %)Oracle 10g
21 (1.299 %)SQL Server 2000
21 (1.299 %)Oracle OWB
21 (1.299 %)Sybase IQ
21 (1.299 %)SQL Server 2005
21 (1.299 %)Data Cleansing
IT Contractor Job Market, Development ApplicationsDevelopment Applications
13 (3.896 %)TestDirector
22 (2.597 %)QuickTest Pro
31 (1.299 %)QADirector
31 (1.299 %)WinRunner
IT Contractor Job Market, GeneralGeneral
177 (100.00 %)Banking
223 (29.87 %)Investment Banking
320 (25.97 %)Finance
49 (11.69 %)Retail
57 (9.091 %)Front Office
64 (5.195 %)Back Office
64 (5.195 %)Retail Banking
73 (3.896 %)Online Banking
73 (3.896 %)Marketing
82 (2.597 %)Telecoms
82 (2.597 %)Billing
91 (1.299 %)Financial Institution
91 (1.299 %)Education
IT Contractor Job Market, Job TitlesJob Titles
136 (46.75 %)Analyst
232 (41.56 %)Business Analyst
312 (15.58 %)Project Manager
312 (15.58 %)Banking Business Analyst
49 (11.69 %)Administrator
57 (9.091 %)Developer
66 (7.792 %)Investment Banking Business Analyst
75 (6.494 %)Project Analyst
84 (5.195 %)Test Analyst
84 (5.195 %)Consultant
84 (5.195 %)DBA
84 (5.195 %)RAD Developer
93 (3.896 %)Solaris Administrator
93 (3.896 %)Management Consultant
93 (3.896 %)Senior Manager
93 (3.896 %)Linux Administrator
93 (3.896 %)UNIX Administrator
102 (2.597 %)Project Administrator
102 (2.597 %)Senior Project Manager
102 (2.597 %)Marketing Manager
IT Contractor Job Market, MiscellaneousMiscellaneous
13 (3.896 %)Replication
22 (2.597 %)Foreign Exchange (FX)
22 (2.597 %)Fixed Income
22 (2.597 %)Clustering
31 (1.299 %)Equities
31 (1.299 %)STB
31 (1.299 %)Derivative
31 (1.299 %)Equity Derivative
31 (1.299 %)Celerra
31 (1.299 %)CLARiiON
31 (1.299 %)Symmetrix
IT Contractor Job Market, Operating SystemsOperating Systems
17 (9.091 %)UNIX
26 (7.792 %)Linux
34 (5.195 %)Windows
34 (5.195 %)Solaris
42 (2.597 %)AIX
51 (1.299 %)SUSE
IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
124 (31.17 %)Asset Management
222 (28.57 %)Wealth Management
311 (14.29 %)Business Analysis
49 (11.69 %)User Acceptance Testing
49 (11.69 %)Migration
58 (10.39 %)Project Management
66 (7.792 %)Change Management
66 (7.792 %)Risk Management
66 (7.792 %)Investment Management
75 (6.494 %)Data Migration
84 (5.195 %)RAD
84 (5.195 %)E-Commerce
93 (3.896 %)PRINCE2
93 (3.896 %)Stakeholder Management
93 (3.896 %)Test Scripting
93 (3.896 %)Fund Management
102 (2.597 %)System Testing
102 (2.597 %)Systems Analysis
102 (2.597 %)BPR
111 (1.299 %)UML
IT Contractor Job Market, Programming LanguagesProgramming Languages
114 (18.18 %)SQL
26 (7.792 %)VB
34 (5.195 %)VB.NET
34 (5.195 %)VBA
34 (5.195 %)VB6
43 (3.896 %)Shell Script
52 (2.597 %)C#
52 (2.597 %)Perl
61 (1.299 %)PL/SQL
61 (1.299 %)C++
61 (1.299 %)C
61 (1.299 %)VBScript
IT Contractor Job Market, QualificationsQualifications
12 (2.597 %)ISEB
21 (1.299 %)CISA
21 (1.299 %)QiCA
21 (1.299 %)Degree
IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
13 (3.896 %)QA
IT Contractor Job Market, System SoftwareSystem Software
11 (1.299 %)VMware Infrastructure
IT Contractor Job Market, VendorsVendors
18 (10.39 %)Oracle
27 (9.091 %)Microsoft
34 (5.195 %)Sun
43 (3.896 %)Temenos
52 (2.597 %)Sybase
52 (2.597 %)IBM
52 (2.597 %)jBASE
61 (1.299 %)Cisco
61 (1.299 %)EMC
61 (1.299 %)Avaya
61 (1.299 %)NetApp
61 (1.299 %)Red Hat
61 (1.299 %)Charles River
61 (1.299 %)VMware
61 (1.299 %)Compuware
61 (1.299 %)Murex
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