The 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 24 April 2015 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
24 Apr 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank 578 584 513
Rank change year-on-year
+6 -71
Contract jobs citing Wholesale Banking 16 16 46
As % of all contract IT jobs located in the UK 0.029% 0.029% 0.095%
As % of the General category 0.074% 0.075% 0.22%
Number of daily rates quoted 13 9 33
Average daily rate
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£440 £525 £500
Average daily rate % change year-on-year
-16.19% +5.00%
90% offered a daily rate of more than £375 £400 £366
10% offered a daily rate of more than £600 £610 £600
UK excluding London average daily rate - £425 £390
% change year-on-year
- +8.97%
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
21554 21459 20727
As % of all contract IT jobs located in the UK 38.68% 38.86% 42.74%
Number of daily rates quoted 13291 13331 12429
Average daily rate £430 £425 £450
Average daily rate % change year-on-year
+1.17% -5.55%
90% offered a daily rate of more than £275 £263 £275
10% offered a daily rate of more than £600 £623 £600
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 531 580 638
Average hourly rate £22.35 £23.00 £25.00
Average hourly rate % change year-on-year
-2.82% -8.00%
90% offered a hourly rate of more than £10.61 £11.50 £11.50
10% offered a hourly rate of more than £43.49 £45.80 £42.50
UK excluding London average hourly rate £24.00 £25.00 £26.50
% change year-on-year
-4.00% -5.66%

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 24 April 2015.

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 6 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 24 April 2015. 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 -1 16 £440 -16.19% 7
London +6 14 £440 -18.13% 6
City of London +20 6 £600 +4.34% 2
South East - 1 - - 1
Milton Keynes - 1 - -
Buckinghamshire - 1 - -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 24 April 2015, 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 24 (100.00%) Banking
2 11 (45.83%) SWIFT
3 10 (41.67%) Finance
4 9 (37.50%) User Acceptance Testing
5 7 (29.17%) Business Analysis
5 7 (29.17%) QA
6 5 (20.83%) Investment Banking
7 4 (16.67%) Stakeholder Management
7 4 (16.67%) Retail
7 4 (16.67%) Data Modelling
7 4 (16.67%) Credit Risk
8 3 (12.50%) Use Case
8 3 (12.50%) Analytical Skills
8 3 (12.50%) Software Delivery
8 3 (12.50%) Basel III
8 3 (12.50%) SQL
8 3 (12.50%) Oracle
8 3 (12.50%) Data Warehouse
8 3 (12.50%) Project Management
8 3 (12.50%) CGI
8 3 (12.50%) Misys
8 3 (12.50%) Change Management
8 3 (12.50%) Loan IQ
8 3 (12.50%) Degree
8 3 (12.50%) Stress Testing
9 2 (8.33%) Risk Management
9 2 (8.33%) Microsoft
9 2 (8.33%) VB
9 2 (8.33%) Java
10 1 (4.17%) C#

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 24 April 2015, 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.

Applications
1 1 (4.17%) MS Project
1 1 (4.17%) MS Excel
Business Applications
1 3 (12.50%) Loan IQ
Database & Business Intelligence
1 3 (12.50%) Data Warehouse
2 1 (4.17%) SQL Server
2 1 (4.17%) Oracle Reports
2 1 (4.17%) MS Access
2 1 (4.17%) SQL Server Integration Services
2 1 (4.17%) Relational Database
Development Applications
1 1 (4.17%) QuickTest Pro
1 1 (4.17%) Team Foundation Server
1 1 (4.17%) SpecFlow
General
1 24 (100.00%) Banking
2 10 (41.67%) Finance
3 5 (20.83%) Investment Banking
4 4 (16.67%) Retail
5 1 (4.17%) Back Office
Job Titles
1 22 (91.67%) Analyst
2 18 (75.00%) Business Analyst
3 5 (20.83%) Payments Business Analyst
4 3 (12.50%) Testing Analyst
4 3 (12.50%) Credit Risk Analyst
4 3 (12.50%) Credit Analyst
4 3 (12.50%) Credit Risk Business Analyst
4 3 (12.50%) Risk Analyst
5 2 (8.33%) Banking Business Analyst
5 2 (8.33%) Test Analyst
6 1 (4.17%) Project Manager
6 1 (4.17%) Business Systems Analyst
6 1 (4.17%) Systems Analyst
6 1 (4.17%) Consultant
6 1 (4.17%) Senior Business Analyst
6 1 (4.17%) Financial Analyst
6 1 (4.17%) Senior Analyst
6 1 (4.17%) IT Business Analyst
6 1 (4.17%) MI Analyst
6 1 (4.17%) Credit Risk Project Manager
Libraries, Frameworks & Software Standards
1 3 (12.50%) CGI
2 1 (4.17%) .NET
2 1 (4.17%) Web Services
2 1 (4.17%) XML
Miscellaneous
1 11 (45.83%) SWIFT
2 4 (16.67%) Credit Risk
3 3 (12.50%) Analytical Skills
4 1 (4.17%) Economics
Processes & Methodologies
1 9 (37.50%) User Acceptance Testing
2 7 (29.17%) Business Analysis
3 4 (16.67%) Stakeholder Management
3 4 (16.67%) Data Modelling
4 3 (12.50%) Use Case
4 3 (12.50%) Software Delivery
4 3 (12.50%) Project Management
4 3 (12.50%) Change Management
4 3 (12.50%) Stress Testing
5 2 (8.33%) Risk Management
6 1 (4.17%) Business Intelligence
6 1 (4.17%) PRINCE2
6 1 (4.17%) Workflow
6 1 (4.17%) Business Development
6 1 (4.17%) Integration Testing
6 1 (4.17%) Test Management
6 1 (4.17%) Test Scripting
6 1 (4.17%) System Testing
6 1 (4.17%) Test Automation
6 1 (4.17%) Agile Software Development
Programming Languages
1 3 (12.50%) SQL
2 2 (8.33%) VB
2 2 (8.33%) Java
3 1 (4.17%) C#
3 1 (4.17%) VBA
Qualifications
1 3 (12.50%) Degree
2 1 (4.17%) Postgraduate
2 1 (4.17%) ISTQB
2 1 (4.17%) IIBA
2 1 (4.17%) CBAP
2 1 (4.17%) MBA
2 1 (4.17%) ISTQB Advanced Certification
Quality Assurance & Compliance
1 7 (29.17%) QA
2 3 (12.50%) Basel III
Systems Management
1 1 (4.17%) HP Quality Center
Vendors
1 3 (12.50%) Oracle
1 3 (12.50%) Misys
2 2 (8.33%) Microsoft
3 1 (4.17%) HP