The first table below looks at the prevalence of the term Wholesale Banking in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Wholesale Banking over the 3 months to 28 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category.

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
28 Jul 2014
Same period 2013 Same period 2012
Wholesale Banking
Rank 599 531 544
Rank change year-on-year
-68 +13
Contract jobs citing Wholesale Banking 5 34 39
As % of all contract IT jobs located in the UK 0.009% 0.067% 0.067%
As % of the General category 0.024% 0.15% 0.15%
Number of daily rates quoted 4 25 31
Average daily rate
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of your Daily Rate
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£525 £450 £475
Average daily rate % change year-on-year
+16.66% -5.26%
90% offered a daily rate of more than £456 £335 £363
10% offered a daily rate of more than £568 £630 £600
UK excluding London average daily rate - £396 £380
% change year-on-year
- +4.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
General Category
UK
Contract IT job ads with a match in the
General category
21142 22003 25803
As % of all contract IT jobs located in the UK 38.67% 43.05% 44.53%
Number of daily rates quoted 13052 13464 15354
Average daily rate £425 £450 £425
Average daily rate % change year-on-year
-5.55% +5.88%
90% offered a daily rate of more than £263 £275 £275
10% offered a daily rate of more than £600 £620 £600
UK excluding London average daily rate £385 £388 £375
% change year-on-year
-0.64% +3.33%
Number of hourly rates quoted 554 631 726
Average hourly rate £20.50 £22.50 £23.00
Average hourly rate % change year-on-year
-8.88% -2.17%
90% offered a hourly rate of more than £11.50 £11.50 £12.00
10% offered a hourly rate of more than £41.98 £44.90 £47.70
UK excluding London average hourly rate £22.00 £22.50 £27.50
% change year-on-year
-2.22% -18.18%

Wholesale Banking
Jobs Demand Trend

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

Wholesale Banking Jobs Demand Trend in the UK

Wholesale Banking
Daily Rate Trend

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

Wholesale Banking Daily Rate Trend in the UK

Wholesale Banking
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking within the UK over the 3 months to 28 July 2014.

Wholesale Banking Daily Rate Histogram in the UK

Wholesale Banking
Hourly Rate Trend

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

Wholesale Banking Hourly Rate Trend in the UK

Wholesale Banking
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Wholesale Banking within the UK over the 3 months to 28 July 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
London -7 5 £525 +7.69% 5
England -36 5 £525 +16.66% 6
City of London +8 2 £494 +51.92% 3
Bromley - - - -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 28 July 2014, IT contractor jobs within the UK citing Wholesale 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 Wholesale Banking.

1 20 (100.00%) Banking
2 12 (60.00%) Finance
3 4 (20.00%) IBM
3 4 (20.00%) Retail
3 4 (20.00%) WebSphere
4 3 (15.00%) Technical Architecture
4 3 (15.00%) Credit Risk
4 3 (15.00%) SWIFT
4 3 (15.00%) Investment Banking
4 3 (15.00%) Derivative
4 3 (15.00%) Market Risk
4 3 (15.00%) SQL
4 3 (15.00%) Oracle
4 3 (15.00%) Data Warehouse
4 3 (15.00%) MS Visio
4 3 (15.00%) Fixed Income
5 2 (10.00%) Project Management
5 2 (10.00%) Data Modelling
5 2 (10.00%) SOA
5 2 (10.00%) MS Project
5 2 (10.00%) MS Office
5 2 (10.00%) MS Excel
5 2 (10.00%) Trillium
5 2 (10.00%) Equity Derivative
5 2 (10.00%) Business Analysis
5 2 (10.00%) Data Management
5 2 (10.00%) Risk Management
5 2 (10.00%) Data Quality
5 2 (10.00%) MS PowerPoint
5 2 (10.00%) Retail Banking

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 28 July 2014, IT contractor jobs within the UK citing Wholesale 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 Wholesale Banking. Up to 20 skills are shown per category.

Application Platforms
1 4 (20.00%) WebSphere
2 1 (5.00%) SAS
Applications
1 3 (15.00%) MS Visio
2 2 (10.00%) MS PowerPoint
2 2 (10.00%) MS Project
2 2 (10.00%) MS Office
2 2 (10.00%) MS Excel
Business Applications
1 1 (5.00%) Loan IQ
Database & Business Intelligence
1 3 (15.00%) Data Warehouse
2 1 (5.00%) SAS Enterprise Guide
Development Applications
1 1 (5.00%) QuickTest Pro
General
1 20 (100.00%) Banking
2 12 (60.00%) Finance
3 4 (20.00%) Retail
4 3 (15.00%) Investment Banking
5 2 (10.00%) Retail Banking
5 2 (10.00%) Marketing
6 1 (5.00%) Financial Institution
6 1 (5.00%) Back Office
6 1 (5.00%) International Banking
Job Titles
1 9 (45.00%) Analyst
2 7 (35.00%) Business Analyst
3 4 (20.00%) Project Manager
4 3 (15.00%) Architect
4 3 (15.00%) Banking Business Analyst
5 2 (10.00%) Data Manager
5 2 (10.00%) Risk Analyst
6 1 (5.00%) IT Business Analyst
6 1 (5.00%) SAS Analyst
6 1 (5.00%) Investment Banking Business Analyst
6 1 (5.00%) Data Quality Manager
6 1 (5.00%) Market Risk Business Analyst
6 1 (5.00%) SAS Data Analyst
6 1 (5.00%) Test Analyst
6 1 (5.00%) Business Process Analyst
6 1 (5.00%) Development Manager
6 1 (5.00%) Senior Manager
6 1 (5.00%) Process Analyst
6 1 (5.00%) Market Risk Analyst
6 1 (5.00%) Quality Manager
Libraries, Frameworks & Software Standards
1 1 (5.00%) XML
1 1 (5.00%) CGI
Miscellaneous
1 3 (15.00%) Fixed Income
1 3 (15.00%) Derivative
1 3 (15.00%) Credit Risk
1 3 (15.00%) Market Risk
1 3 (15.00%) SWIFT
2 2 (10.00%) Equity Derivative
3 1 (5.00%) Taxonomies
3 1 (5.00%) Foreign Exchange (FX)
Operating Systems
1 1 (5.00%) Windows
1 1 (5.00%) Windows 7
Processes & Methodologies
1 3 (15.00%) Technical Architecture
2 2 (10.00%) Data Modelling
2 2 (10.00%) SOA
2 2 (10.00%) Project Management
2 2 (10.00%) Risk Management
2 2 (10.00%) Data Management
2 2 (10.00%) Business Analysis
3 1 (5.00%) Software Testing
3 1 (5.00%) UML
3 1 (5.00%) Automated Testing
3 1 (5.00%) Systems Analysis
3 1 (5.00%) Stakeholder Management
3 1 (5.00%) Change Management
3 1 (5.00%) Configuration Management
3 1 (5.00%) Business Development
3 1 (5.00%) Use Case
3 1 (5.00%) User Acceptance Testing
3 1 (5.00%) Stress Testing
3 1 (5.00%) Integration Testing
3 1 (5.00%) Test Scripting
Programming Languages
1 3 (15.00%) SQL
2 1 (5.00%) PowerShell
2 1 (5.00%) C#
Qualifications
1 1 (5.00%) MBA
1 1 (5.00%) Degree
1 1 (5.00%) IIBA
1 1 (5.00%) CBAP
Quality Assurance & Compliance
1 2 (10.00%) Data Quality
2 1 (5.00%) QA
System Software
1 1 (5.00%) Active Directory
Systems Management
1 1 (5.00%) SCCM
1 1 (5.00%) HP Quality Center
Vendors
1 4 (20.00%) IBM
2 3 (15.00%) Oracle
3 2 (10.00%) Trillium
4 1 (5.00%) Microsoft
4 1 (5.00%) Misys
4 1 (5.00%) Teradata