The table below looks at the prevalence of the term Private Banking in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Private Banking over the 3 months to 27 August 2014 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
27 Aug 2014
Same period 2013 Same period 2012
Private Banking
Rank 577 539 526
Rank change year-on-year
-38 -13
Contract jobs citing Private Banking 23 36 60
As % of all contract IT jobs located in the UK 0.041% 0.067% 0.10%
As % of the General category 0.11% 0.16% 0.23%
Number of daily rates quoted 14 26 34
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£363 £475 £470
Average daily rate % change year-on-year
-23.68% +1.06%
90% offered a daily rate of more than £235 £250 £354
10% offered a daily rate of more than £650 £650 £558
UK excluding London average daily rate £350 £340 £463
% change year-on-year
+2.79% -26.48%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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

General Category
UK
Contract IT job ads with a match in the
General category
21466 22755 25994
As % of all contract IT jobs located in the UK 38.61% 42.63% 44.27%
Number of daily rates quoted 13168 14056 15439
Average daily rate £428 £450 £425
Average daily rate % change year-on-year
-5.00% +5.88%
90% offered a daily rate of more than £270 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 524 603 749
Average hourly rate £21.37 £22.00 £25.00
Average hourly rate % change year-on-year
-2.88% -12.00%
90% offered a hourly rate of more than £11.00 £11.88 £12.00
10% offered a hourly rate of more than £42.00 £44.97 £47.50
UK excluding London average hourly rate £22.50 £22.50 £27.50
% change year-on-year
- -18.18%

Private Banking
Jobs Demand Trend

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

Private Banking Jobs Demand Trend in the UK

Private Banking
Daily Rate Trend

This 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 in the UK

Private Banking
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Private Banking within the UK over the 3 months to 27 August 2014.

Private Banking Daily Rate Histogram in the UK

Private Banking
Hourly Rate Trend

This 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 in the UK

Private Banking
Top 5 Contract Locations

The table below 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 27 August 2014. 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
England -28 18 £475 -2.56% 9
London -15 15 £550 - 7
City of London +17 3 - - 4
Glasgow -10 3 £325 +8.33%
Scotland -21 3 £325 +8.33%

Private Banking
Top 30 Related IT Skills

For the 6 months to 27 August 2014, 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.

1 93 (100.00%) Banking
2 65 (69.89%) Finance
3 60 (64.52%) Wealth Management
4 40 (43.01%) Investment Banking
5 20 (21.51%) Asset Management
6 18 (19.35%) SQL
7 16 (17.20%) MS Excel
8 15 (16.13%) Business Analysis
8 15 (16.13%) Investment Management
9 14 (15.05%) Stakeholder Management
10 13 (13.98%) Project Management
11 12 (12.90%) Data Analysis
12 11 (11.83%) Change Management
12 11 (11.83%) LDAP
13 10 (10.75%) Java
13 10 (10.75%) User Acceptance Testing
14 9 (9.68%) Front Office
14 9 (9.68%) Retail
15 8 (8.60%) Migration
15 8 (8.60%) HTML
15 8 (8.60%) Retail Banking
15 8 (8.60%) Degree
16 7 (7.53%) VBA
16 7 (7.53%) Oracle
16 7 (7.53%) Tomcat
16 7 (7.53%) Sun
16 7 (7.53%) Microsoft
17 6 (6.45%) SUSE
17 6 (6.45%) CA
17 6 (6.45%) Shell Script

Private Banking
Top Related IT Skills by Category

For the 6 months to 27 August 2014, 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.

Application Platforms
1 7 (7.53%) Tomcat
2 6 (6.45%) WebLogic
2 6 (6.45%) Apache
3 5 (5.38%) TPMS
4 2 (2.15%) SAS
5 1 (1.08%) CMS
5 1 (1.08%) Oracle Coherence
5 1 (1.08%) Exchange Server 2013
5 1 (1.08%) IBM Notes
5 1 (1.08%) SharePoint
Applications
1 16 (17.20%) MS Excel
2 6 (6.45%) MS Visio
2 6 (6.45%) MS PowerPoint
3 5 (5.38%) MS Office
Business Applications
1 3 (3.23%) Kondor+
2 2 (2.15%) Temenos T24
3 1 (1.08%) Oracle BPM
3 1 (1.08%) CA Clarity
3 1 (1.08%) Dynamics CRM
Cloud Services
1 1 (1.08%) Office 365
Communications & Networking
1 11 (11.83%) LDAP
2 6 (6.45%) SSL
3 1 (1.08%) VoIP
Database & Business Intelligence
1 5 (5.38%) SQL Server
2 3 (3.23%) Oracle Database
3 2 (2.15%) QlikView
3 2 (2.15%) MS Access
4 1 (1.08%) DTS
4 1 (1.08%) Data Mining
4 1 (1.08%) SQL Server Integration Services
4 1 (1.08%) Spotfire
4 1 (1.08%) Big Data
4 1 (1.08%) Oracle Reports
Development Applications
1 2 (2.15%) Team Foundation Server
2 1 (1.08%) Hudson
2 1 (1.08%) JUnit
2 1 (1.08%) Subversion
2 1 (1.08%) Maven
General
1 93 (100.00%) Banking
2 65 (69.89%) Finance
3 40 (43.01%) Investment Banking
4 9 (9.68%) Front Office
4 9 (9.68%) Retail
5 8 (8.60%) Retail Banking
6 5 (5.38%) Legal
7 4 (4.30%) Back Office
8 3 (3.23%) Financial Institution
9 2 (2.15%) Billing
10 1 (1.08%) Telecoms
10 1 (1.08%) Corporate Banking
10 1 (1.08%) International Banking
Job Titles
1 45 (48.39%) Analyst
2 30 (32.26%) Business Analyst
3 20 (21.51%) Project Manager
4 9 (9.68%) Data Analyst
5 7 (7.53%) Technical Analyst
5 7 (7.53%) Technical Business Analyst
5 7 (7.53%) Banking Business Analyst
6 4 (4.30%) Infrastructure Engineer
7 3 (3.23%) Security Analyst
7 3 (3.23%) Programme Manager
7 3 (3.23%) Developer
8 2 (2.15%) Author
8 2 (2.15%) Support Analyst
8 2 (2.15%) Technical Author
8 2 (2.15%) DBA
8 2 (2.15%) Process Analyst
8 2 (2.15%) Senior Analyst
8 2 (2.15%) Information Analyst
8 2 (2.15%) Technical Writer
8 2 (2.15%) Agile Project Manager
Libraries, Frameworks & Software Standards
1 8 (8.60%) HTML
2 5 (5.38%) Middleware
3 2 (2.15%) ASP.NET
3 2 (2.15%) CSS
3 2 (2.15%) SOAP
3 2 (2.15%) .NET
4 1 (1.08%) J2EE
4 1 (1.08%) Web Services
4 1 (1.08%) XML
4 1 (1.08%) WSDL
4 1 (1.08%) JAXB
4 1 (1.08%) Hibernate
4 1 (1.08%) Spring
4 1 (1.08%) JPA
4 1 (1.08%) REST
Miscellaneous
1 2 (2.15%) Management Information System
1 2 (2.15%) Enterprise Software
2 1 (1.08%) Mobile Banking
2 1 (1.08%) PMI
2 1 (1.08%) Mathematics
2 1 (1.08%) Credit Risk
2 1 (1.08%) Market Risk
Operating Systems
1 6 (6.45%) Solaris
1 6 (6.45%) Linux
1 6 (6.45%) SUSE
2 2 (2.15%) AIX
2 2 (2.15%) UNIX
3 1 (1.08%) Windows
3 1 (1.08%) Windows Server 2003
3 1 (1.08%) Windows Server 2008
Processes & Methodologies
1 60 (64.52%) Wealth Management
2 20 (21.51%) Asset Management
3 15 (16.13%) Business Analysis
3 15 (16.13%) Investment Management
4 14 (15.05%) Stakeholder Management
5 13 (13.98%) Project Management
6 12 (12.90%) Data Analysis
7 11 (11.83%) Change Management
8 10 (10.75%) User Acceptance Testing
9 8 (8.60%) Migration
10 6 (6.45%) Incident Management
10 6 (6.45%) Web Development
10 6 (6.45%) ITIL
10 6 (6.45%) Matrix Management
10 6 (6.45%) Data Migration
11 5 (5.38%) CRM
11 5 (5.38%) ETL
11 5 (5.38%) Risk Management
11 5 (5.38%) Agile Software Development
12 4 (4.30%) Fund Management
Programming Languages
1 18 (19.35%) SQL
2 10 (10.75%) Java
3 7 (7.53%) VBA
4 6 (6.45%) Shell Script
5 2 (2.15%) C#
Qualifications
1 8 (8.60%) Degree
2 3 (3.23%) CISSP
2 3 (3.23%) CISA
2 3 (3.23%) CISM
3 2 (2.15%) PMP
3 2 (2.15%) PMI Certification
3 2 (2.15%) Six Sigma Black Belt
4 1 (1.08%) ISTQB
Quality Assurance & Compliance
1 6 (6.45%) QA
2 4 (4.30%) EMIR
3 3 (3.23%) Data Quality
4 2 (2.15%) AIFMD
5 1 (1.08%) P3O
5 1 (1.08%) Dodd-Frank
System Software
1 1 (1.08%) VMware Infrastructure
Systems Management
1 6 (6.45%) CA SiteMinder
2 3 (3.23%) HP Quality Center
Vendors
1 7 (7.53%) Microsoft
1 7 (7.53%) Sun
1 7 (7.53%) Oracle
2 6 (6.45%) CA
3 5 (5.38%) Sybase
4 4 (4.30%) Avaloq
5 3 (3.23%) Reuters
6 2 (2.15%) Remedy
6 2 (2.15%) IBM
6 2 (2.15%) jBASE
6 2 (2.15%) Temenos
7 1 (1.08%) Fidessa
7 1 (1.08%) HP
7 1 (1.08%) Dell
7 1 (1.08%) Avaya
7 1 (1.08%) SAP
7 1 (1.08%) Lotus
7 1 (1.08%) Sage
7 1 (1.08%) VMware
7 1 (1.08%) Bloomberg
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £550 per day
Posted: 12 days ago
Birmingham
Orgtel
Rate: £110.20 per day + competitive
Posted: 13 days ago
Manchester
Orgtel
Rate: £110.20 per day + competitive
Posted: 13 days ago
Guernsey
Hays IT - Uk Posting account
Rate: £350.00 - £375.00 per day
Posted: 16 days ago
London
Hays IT - Uk Posting account
Rate: £350.00 - £375.00 per day
Posted: 19 days ago