Permanent IT Jobs Contract IT Jobs

The first part of 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 9 February 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category.

LinkWholesale Banking
Location
3 months to
9 Feb 2010
Same period 2009Same period 2008
Rank435473592
Rank change year-on-year
Up+38Up+119
Matching contract IT job ads35619
As % of all contract IT jobs located in the UK0.080 %0.013 %0.023 %
As % of the General category0.155 %0.029 %0.050 %
Daily rates quoted25318
Average daily rate£510£500£581
Average daily rate % change year-on-year
+2.000 %-13.97 %
90% of contracts offered a daily rate of more than£368£460£400
10% of contracts offered a daily rate of more than£625£520£636
UK excluding London average daily rate£369--
Hourly rates quoted000
Average hourly rate---
UK excluding London average hourly rate---
IT Contractor Job Market, General CategoryAll General Category
UK
Contract IT job ads with a match in the
General category
226072086337632
As % of all contract IT jobs located in the UK51.64 %45.36 %45.97 %
Daily rates quoted11092711413112
Average daily rate£450£405£450
Average daily rate % change year-on-year
+11.11 %-10.00 %
90% of contracts offered a daily rate of more than£275£250£275
10% of contracts offered a daily rate of more than£600£575£625
UK excluding London average daily rate£350£375£388
% change year-on-year
-6.660 %-3.220 %
Hourly rates quoted80813902263
Average hourly rate£22.00£25.00£26.50
Average hourly rate % change year-on-year
-12.00 %-5.660 %
90% of contracts offered a hourly rate of more than£10.50£12.50£12.00
10% of contracts offered a hourly rate of more than£40.49£40.00£41.00
UK excluding London average hourly rate£22.50£27.50£28.00
% change year-on-year
-18.18 %-1.780 %

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.

Wholesale Banking
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Wholesale Banking within the UK as a proportion of the total demand within the General category.

Wholesale Banking Demand Trend

Wholesale Banking
Daily Rate Trend

The 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

Wholesale Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Wholesale Banking within the UK over the 3 months to 9 February 2010.

Wholesale Banking Daily Rate Histogram

Wholesale Banking
Top 8 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 9 February 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandUp+4333£511+2.25 %
LondonDown-931£513+2.50 %
City of LondonDown-3516£525-
ScotlandNew entry-2£363-
EdinburghNew entry-2£363-
Docklands, LondonDown-101£425-
West MidlandsNew entry-1£375-
BirminghamNew entry-1£375-

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 9 February 2010, 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.

176 (100.00 %)Banking
245 (59.21 %)Finance
329 (38.16 %)Investment Banking
417 (22.37 %)Migration
514 (18.42 %)Data Conversion
613 (17.11 %)Data Migration
711 (14.47 %)Retail
711 (14.47 %)Business Analysis
810 (13.16 %)SQL
810 (13.16 %)Datawarehouse
810 (13.16 %)Retail Banking
99 (11.84 %)CRM
108 (10.53 %)Stakeholder Management
108 (10.53 %)ETL
108 (10.53 %)SQL Server
108 (10.53 %)Sybase
117 (9.211 %).NET
126 (7.895 %)Project Management
126 (7.895 %)Change Management
126 (7.895 %)Corporate Banking
135 (6.579 %)Derivative
135 (6.579 %)Oracle
135 (6.579 %)RUP
144 (5.263 %)UML
144 (5.263 %)Oracle Reports
144 (5.263 %)Business Intelligence
144 (5.263 %)Star Schema
144 (5.263 %)MicroStrategy
144 (5.263 %)C#
144 (5.263 %)ASP.NET

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 9 February 2010, 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.

IT Contractor Job Market, Application Development CategoryApplication Development
17 (9.211 %).NET
24 (5.263 %)ASP.NET
33 (3.947 %)J2EE
42 (2.632 %)HTML
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
12 (2.632 %)Tomcat
IT Contractor Job Market, Business Applications CategoryBusiness Applications
14 (5.263 %)Oracle EBS R12
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
110 (13.16 %)Datawarehouse
28 (10.53 %)ETL
28 (10.53 %)SQL Server
34 (5.263 %)Oracle Reports
34 (5.263 %)Star Schema
34 (5.263 %)SQL Server 2005
34 (5.263 %)SQL Server Integration Services
34 (5.263 %)SQL Server 2008
34 (5.263 %)Oracle BI EE
42 (2.632 %)BusinessObjects
42 (2.632 %)OLAP
IT Contractor Job Market, General CategoryGeneral
176 (100.00 %)Banking
245 (59.21 %)Finance
329 (38.16 %)Investment Banking
411 (14.47 %)Retail
510 (13.16 %)Retail Banking
66 (7.895 %)Corporate Banking
72 (2.632 %)Home Office
72 (2.632 %)Education
72 (2.632 %)Front Office
81 (1.316 %)Insurance
81 (1.316 %)International Banking
IT Contractor Job Market, Job Titles CategoryJob Titles
142 (55.26 %)Analyst
232 (42.11 %)Business Analyst
314 (18.42 %)Data Manager
411 (14.47 %)Developer
510 (13.16 %)Banking Business Analyst
69 (11.84 %)Project Manager
78 (10.53 %)Analyst Developer
86 (7.895 %)Architect
94 (5.263 %)Credit Risk Analyst
94 (5.263 %)Business Project Manager
94 (5.263 %)Business Manager
94 (5.263 %)Credit Risk Business Analyst
94 (5.263 %)Risk Analyst
94 (5.263 %)Credit Analyst
103 (3.947 %)Investment Banking Business Analyst
112 (2.632 %)SQL Developer
112 (2.632 %)Solutions Architect
112 (2.632 %)Integration Architect
112 (2.632 %)Programme Manager
112 (2.632 %)Junior
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
114 (18.42 %)Data Conversion
25 (6.579 %)Derivative
34 (5.263 %)Credit Risk
43 (3.947 %)Management Information System
43 (3.947 %)Fixed Income
52 (2.632 %)Foreign Exchange (FX)
61 (1.316 %)Tandem
61 (1.316 %)Mainframe
IT Contractor Job Market, Operating Systems CategoryOperating Systems
13 (3.947 %)UNIX
21 (1.316 %)Windows
21 (1.316 %)AIX
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
117 (22.37 %)Migration
213 (17.11 %)Data Migration
311 (14.47 %)Business Analysis
49 (11.84 %)CRM
58 (10.53 %)Stakeholder Management
66 (7.895 %)Project Management
66 (7.895 %)Change Management
75 (6.579 %)RUP
84 (5.263 %)UML
84 (5.263 %)Business Intelligence
84 (5.263 %)E-business
93 (3.947 %)Data Analysis
93 (3.947 %)Systems Analysis
93 (3.947 %)OO
102 (2.632 %)PRINCE2
102 (2.632 %)Programme Management
102 (2.632 %)Risk Management
102 (2.632 %)Workflow
102 (2.632 %)Data Mapping
102 (2.632 %)Integration Testing
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
110 (13.16 %)SQL
24 (5.263 %)C#
33 (3.947 %)PowerShell
33 (3.947 %)VB
42 (2.632 %)Shell Script
42 (2.632 %)C
42 (2.632 %)JavaScript
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
12 (2.632 %)Basel II
21 (1.316 %)QA
IT Contractor Job Market, Vendors CategoryVendors
18 (10.53 %)Sybase
25 (6.579 %)Oracle
34 (5.263 %)MicroStrategy
43 (3.947 %)Microsoft
52 (2.632 %)Calypso
52 (2.632 %)Informatica
52 (2.632 %)Business Objects
52 (2.632 %)GoldenSource
61 (1.316 %)Salesforce.com