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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank 570 546 517
Rank change year-on-year
-24 -29
Contract jobs citing Wholesale Banking 8 11 18
As % of all contract IT jobs located in the UK 0.016% 0.023% 0.040%
As % of the General category 0.041% 0.055% 0.10%
Number of daily rates quoted 5 7 11
Average daily rate
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£405 £525 £425
Average daily rate % change year-on-year
-22.85% +23.52%
90% offered a daily rate of more than £375 £388 £350
10% offered a daily rate of more than £495 £600 £725
UK excluding London average daily rate £409 £350 £425
% change year-on-year
+16.78% -17.64%
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
19729 19939 17976
As % of all contract IT jobs located in the UK 38.90% 40.93% 40.27%
Number of daily rates quoted 12666 12421 10672
Average daily rate £430 £450 £425
Average daily rate % change year-on-year
-4.44% +5.88%
90% offered a daily rate of more than £275 £275 £271
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 442 588 683
Average hourly rate £25.50 £22.00 £23.00
Average hourly rate % change year-on-year
+15.90% -4.34%
90% offered a hourly rate of more than £11.25 £11.00 £11.50
10% offered a hourly rate of more than £45.50 £45.00 £42.50
UK excluding London average hourly rate £27.50 £22.00 £25.00
% change year-on-year
+25.00% -12.00%

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 23 January 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 23 January 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 -27 8 £405 -22.85% 5
London -3 5 £375 -30.23% 5
Buckinghamshire - 3 £409 -
South East - 3 £409 -
Milton Keynes - 1 £405 -
City of London - - - - 4

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 23 January 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 22 (100.00%) Banking
2 16 (72.73%) Finance
3 11 (50.00%) Data Modelling
3 11 (50.00%) SWIFT
4 9 (40.91%) Misys
4 9 (40.91%) CGI
4 9 (40.91%) Change Management
4 9 (40.91%) Business Analysis
4 9 (40.91%) Loan IQ
5 7 (31.82%) Analytical Skills
5 7 (31.82%) Use Case
6 6 (27.27%) Stakeholder Management
7 4 (18.18%) Project Management
8 3 (13.64%) Oracle
8 3 (13.64%) Fixed Income
8 3 (13.64%) Retail
8 3 (13.64%) Investment Banking
8 3 (13.64%) Degree
9 2 (9.09%) QA
9 2 (9.09%) User Acceptance Testing
9 2 (9.09%) IIBA
9 2 (9.09%) CBAP
9 2 (9.09%) Software Testing
9 2 (9.09%) MBA
9 2 (9.09%) SQL
9 2 (9.09%) VB
9 2 (9.09%) XML
9 2 (9.09%) Foreign Exchange (FX)
10 1 (4.55%) Symantec
10 1 (4.55%) BPR

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 23 January 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 (4.55%) MS Excel
1 1 (4.55%) MS Visio
Business Applications
1 9 (40.91%) Loan IQ
Database & Business Intelligence
1 1 (4.55%) SQL Server
1 1 (4.55%) Oracle Reports
1 1 (4.55%) MS Access
1 1 (4.55%) Data Warehouse
1 1 (4.55%) Relational Database
General
1 22 (100.00%) Banking
2 16 (72.73%) Finance
3 3 (13.64%) Retail
3 3 (13.64%) Investment Banking
4 1 (4.55%) Marketing
4 1 (4.55%) Legal
4 1 (4.55%) Manufacturing
4 1 (4.55%) Front Office
4 1 (4.55%) Telecoms
Job Titles
1 17 (77.27%) Analyst
2 14 (63.64%) Business Analyst
3 3 (13.64%) Consultant
4 2 (9.09%) Banking Business Analyst
5 1 (4.55%) Market Risk Business Analyst
5 1 (4.55%) C# Programmer
5 1 (4.55%) Payments Business Analyst
5 1 (4.55%) Compliance Analyst
5 1 (4.55%) Project Manager
5 1 (4.55%) Business Systems Analyst
5 1 (4.55%) Systems Analyst
5 1 (4.55%) Analyst Programmer
5 1 (4.55%) Programmer
5 1 (4.55%) Market Risk Analyst
5 1 (4.55%) Senior Analyst
5 1 (4.55%) Security Analyst
5 1 (4.55%) Senior Analyst Programmer
5 1 (4.55%) Business Consultant
5 1 (4.55%) Information Analyst
5 1 (4.55%) Oracle Analyst Programmer
Libraries, Frameworks & Software Standards
1 9 (40.91%) CGI
2 2 (9.09%) XML
3 1 (4.55%) WCF
3 1 (4.55%) WPF
3 1 (4.55%) .NET
3 1 (4.55%) Web Services
Miscellaneous
1 11 (50.00%) SWIFT
2 7 (31.82%) Analytical Skills
3 3 (13.64%) Fixed Income
4 2 (9.09%) Foreign Exchange (FX)
5 1 (4.55%) Equities
5 1 (4.55%) Derivative
5 1 (4.55%) Equity Derivative
5 1 (4.55%) Computer Science
5 1 (4.55%) Credit Risk
5 1 (4.55%) Market Risk
Processes & Methodologies
1 11 (50.00%) Data Modelling
2 9 (40.91%) Change Management
2 9 (40.91%) Business Analysis
3 7 (31.82%) Use Case
4 6 (27.27%) Stakeholder Management
5 4 (18.18%) Project Management
6 2 (9.09%) User Acceptance Testing
6 2 (9.09%) Software Testing
7 1 (4.55%) Incident Management
7 1 (4.55%) Enterprise Architecture
7 1 (4.55%) Business Development
7 1 (4.55%) Business Analytics
7 1 (4.55%) Analytics
7 1 (4.55%) Digital Marketing
7 1 (4.55%) Information Security
7 1 (4.55%) Programme Management
7 1 (4.55%) Logistics
7 1 (4.55%) Systems Analysis
7 1 (4.55%) Risk Management
7 1 (4.55%) Business Intelligence
Programming Languages
1 2 (9.09%) SQL
1 2 (9.09%) VB
2 1 (4.55%) VBA
2 1 (4.55%) C#
2 1 (4.55%) Java
2 1 (4.55%) PL/SQL
Qualifications
1 3 (13.64%) Degree
2 2 (9.09%) IIBA
2 2 (9.09%) CBAP
2 2 (9.09%) MBA
Quality Assurance & Compliance
1 2 (9.09%) QA
2 1 (4.55%) FATCA
2 1 (4.55%) EMIR
2 1 (4.55%) Dodd-Frank
2 1 (4.55%) MiFID
Systems Management
1 1 (4.55%) HP Quality Center
Vendors
1 9 (40.91%) Misys
2 3 (13.64%) Oracle
3 1 (4.55%) SAP
3 1 (4.55%) Murex
3 1 (4.55%) Symantec
3 1 (4.55%) Websense
3 1 (4.55%) ION Trading
City, London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £600 - £650 per day
Posted: 5 days ago