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 21 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
21 Aug 2014
Same period 2013 Same period 2012
Wholesale Banking
Rank 591 544 541
Rank change year-on-year
-47 -3
Contract jobs citing Wholesale Banking 8 29 54
As % of all contract IT jobs located in the UK 0.014% 0.055% 0.093%
As % of the General category 0.037% 0.13% 0.21%
Number of daily rates quoted 4 23 43
Average 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 £330 £368
10% offered a daily rate of more than £568 £590 £575
UK excluding London average daily rate - £380 £405
% change year-on-year
- -6.17%
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
21744 22470 25772
As % of all contract IT jobs located in the UK 38.62% 42.83% 44.49%
Number of daily rates quoted 13389 13874 15322
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 £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 534 601 741
Average hourly rate £21.00 £22.50 £25.00
Average hourly rate % change year-on-year
-6.66% -10.00%
90% offered a hourly rate of more than £11.00 £11.58 £12.00
10% offered a hourly rate of more than £42.00 £44.94 £49.34
UK excluding London average hourly rate £22.50 £22.50 £27.50
% change year-on-year
- -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 21 August 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 7 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 21 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 -36 8 £525 +16.66% 4
London -8 7 £525 +5.00% 4
City of London +28 2 £494 +64.58% 2
North West - - - -
Cheshire - - - -
Bromley - - - -
Chester - - - -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 21 August 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 17 (100.00%) Banking
2 11 (64.71%) Finance
3 5 (29.41%) Data Modelling
3 5 (29.41%) SWIFT
4 4 (23.53%) CGI
4 4 (23.53%) Misys
4 4 (23.53%) Change Management
4 4 (23.53%) Fixed Income
4 4 (23.53%) Investment Banking
4 4 (23.53%) Loan IQ
4 4 (23.53%) Use Case
5 3 (17.65%) SQL
5 3 (17.65%) Oracle
5 3 (17.65%) Data Warehouse
5 3 (17.65%) Business Analysis
5 3 (17.65%) Derivative
5 3 (17.65%) Marketing
5 3 (17.65%) Credit Risk
5 3 (17.65%) Market Risk
6 2 (11.76%) Trillium
6 2 (11.76%) Foreign Exchange (FX)
6 2 (11.76%) Project Management
6 2 (11.76%) Risk Management
6 2 (11.76%) Stakeholder Management
6 2 (11.76%) Retail
6 2 (11.76%) Data Management
6 2 (11.76%) MS PowerPoint
6 2 (11.76%) Equity Derivative
6 2 (11.76%) Data Quality
7 1 (5.88%) C#

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 21 August 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 1 (5.88%) SAS
1 1 (5.88%) WebSphere
Applications
1 2 (11.76%) MS PowerPoint
2 1 (5.88%) MS Visio
Business Applications
1 4 (23.53%) Loan IQ
Database & Business Intelligence
1 3 (17.65%) Data Warehouse
2 1 (5.88%) SAS Enterprise Guide
Development Applications
1 1 (5.88%) QuickTest Pro
General
1 17 (100.00%) Banking
2 11 (64.71%) Finance
3 4 (23.53%) Investment Banking
4 3 (17.65%) Marketing
5 2 (11.76%) Retail
6 1 (5.88%) Manufacturing
6 1 (5.88%) Financial Institution
6 1 (5.88%) Front Office
6 1 (5.88%) Back Office
6 1 (5.88%) Telecoms
Job Titles
1 10 (58.82%) Analyst
2 8 (47.06%) Business Analyst
3 2 (11.76%) Data Manager
3 2 (11.76%) Risk Analyst
4 1 (5.88%) Financial Business Analyst
4 1 (5.88%) IT Business Analyst
4 1 (5.88%) Banking Business Analyst
4 1 (5.88%) Investment Banking Business Analyst
4 1 (5.88%) Data Quality Manager
4 1 (5.88%) Market Risk Business Analyst
4 1 (5.88%) SAS Data Analyst
4 1 (5.88%) Test Analyst
4 1 (5.88%) Consultant
4 1 (5.88%) Business Process Analyst
4 1 (5.88%) Development Manager
4 1 (5.88%) Process Analyst
4 1 (5.88%) Market Risk Analyst
4 1 (5.88%) Quality Manager
4 1 (5.88%) Data Analyst
4 1 (5.88%) Business Consultant
Libraries, Frameworks & Software Standards
1 4 (23.53%) CGI
2 1 (5.88%) XML
Miscellaneous
1 5 (29.41%) SWIFT
2 4 (23.53%) Fixed Income
3 3 (17.65%) Derivative
3 3 (17.65%) Credit Risk
3 3 (17.65%) Market Risk
4 2 (11.76%) Foreign Exchange (FX)
4 2 (11.76%) Equity Derivative
5 1 (5.88%) Equities
Operating Systems
1 1 (5.88%) Windows
1 1 (5.88%) Windows 7
Processes & Methodologies
1 5 (29.41%) Data Modelling
2 4 (23.53%) Change Management
2 4 (23.53%) Use Case
3 3 (17.65%) Business Analysis
4 2 (11.76%) Project Management
4 2 (11.76%) Risk Management
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Data Management
5 1 (5.88%) Automated Testing
5 1 (5.88%) Systems Analysis
5 1 (5.88%) Business Intelligence
5 1 (5.88%) Configuration Management
5 1 (5.88%) Programme Management
5 1 (5.88%) Digital Marketing
5 1 (5.88%) User Acceptance Testing
5 1 (5.88%) Stress Testing
5 1 (5.88%) Integration Testing
5 1 (5.88%) Test Scripting
5 1 (5.88%) System Testing
5 1 (5.88%) Greeks
Programming Languages
1 3 (17.65%) SQL
2 1 (5.88%) PowerShell
2 1 (5.88%) C#
Qualifications
1 1 (5.88%) MBA
1 1 (5.88%) Degree
1 1 (5.88%) IIBA
1 1 (5.88%) CBAP
Quality Assurance & Compliance
1 2 (11.76%) Data Quality
2 1 (5.88%) QA
System Software
1 1 (5.88%) Active Directory
Systems Management
1 1 (5.88%) SCCM
1 1 (5.88%) HP Quality Center
Vendors
1 4 (23.53%) Misys
2 3 (17.65%) Oracle
3 2 (11.76%) Trillium
4 1 (5.88%) IBM
4 1 (5.88%) Microsoft
4 1 (5.88%) Murex
4 1 (5.88%) SAP
4 1 (5.88%) Teradata
4 1 (5.88%) ION Trading
London
Venn Group - UK
Rate: 350-450 Per Day
Posted: 9 days ago
London
Orgtel
Rate: £500 - £600 per day
Posted: 9 days ago