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 October 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 Oct 2014
Same period 2013 Same period 2012
Wholesale Banking
Rank 605 567 517
Rank change year-on-year
-38 -50
Contract jobs citing Wholesale Banking 13 19 69
As % of all contract IT jobs located in the UK 0.022% 0.036% 0.12%
As % of the General category 0.058% 0.086% 0.28%
Number of daily rates quoted 8 14 49
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£488 £456 £475
Average daily rate % change year-on-year
+6.84% -3.94%
90% offered a daily rate of more than £409 £326 £360
10% offered a daily rate of more than £542 £583 £580
UK excluding London average daily rate - £315 £378
% change year-on-year
- -16.55%
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
22381 22029 24807
As % of all contract IT jobs located in the UK 38.44% 41.91% 44.40%
Number of daily rates quoted 13893 13889 14769
Average daily rate £438 £450 £425
Average daily rate % change year-on-year
-2.77% +5.88%
90% offered a daily rate of more than £275 £270 £275
10% offered a daily rate of more than £601 £625 £600
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 522 582 749
Average hourly rate £21.56 £21.00 £25.00
Average hourly rate % change year-on-year
+2.66% -16.00%
90% offered a hourly rate of more than £10.82 £11.65 £12.27
10% offered a hourly rate of more than £43.10 £44.98 £46.00
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

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 October 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 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 21 October 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 -35 13 £488 +6.84% 2
London -12 12 £488 -7.14% 2
City of London +23 2 £481 -49.34%
North West - - - -
Cheshire - - - -
Chester - - - -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 21 October 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 15 (88.24%) Finance
3 10 (58.82%) Data Modelling
4 9 (52.94%) CGI
4 9 (52.94%) Misys
4 9 (52.94%) Change Management
4 9 (52.94%) Loan IQ
4 9 (52.94%) SWIFT
5 7 (41.18%) Analytical Skills
5 7 (41.18%) Business Analysis
5 7 (41.18%) Use Case
6 6 (35.29%) Stakeholder Management
7 4 (23.53%) Fixed Income
7 4 (23.53%) Degree
8 3 (17.65%) MBA
8 3 (17.65%) Investment Banking
8 3 (17.65%) Project Management
8 3 (17.65%) Foreign Exchange (FX)
8 3 (17.65%) Oracle
8 3 (17.65%) IIBA
8 3 (17.65%) CBAP
9 2 (11.76%) Derivative
9 2 (11.76%) Business Development
9 2 (11.76%) Risk Management
9 2 (11.76%) Market Risk
10 1 (5.88%) Digital Marketing
10 1 (5.88%) Greeks
10 1 (5.88%) HP Quality Center
10 1 (5.88%) MiFID
10 1 (5.88%) Computer Science

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 21 October 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.

Applications
1 1 (5.88%) MS Visio
Business Applications
1 9 (52.94%) Loan IQ
General
1 17 (100.00%) Banking
2 15 (88.24%) Finance
3 3 (17.65%) Investment Banking
4 1 (5.88%) Marketing
4 1 (5.88%) Legal
4 1 (5.88%) Manufacturing
4 1 (5.88%) Financial Institution
4 1 (5.88%) Front Office
4 1 (5.88%) Telecoms
Job Titles
1 11 (64.71%) Analyst
2 9 (52.94%) Business Analyst
3 3 (17.65%) Consultant
4 1 (5.88%) Development Manager
4 1 (5.88%) Analyst Programmer
4 1 (5.88%) Programmer
4 1 (5.88%) Market Risk Analyst
4 1 (5.88%) Senior Analyst
4 1 (5.88%) Security Analyst
4 1 (5.88%) Senior Analyst Programmer
4 1 (5.88%) Business Consultant
4 1 (5.88%) Information Analyst
4 1 (5.88%) Oracle Analyst Programmer
4 1 (5.88%) Support Manager
4 1 (5.88%) Information Security Analyst
4 1 (5.88%) Financial Business Analyst
4 1 (5.88%) Senior Programmer
4 1 (5.88%) Senior Oracle Analyst Programmer
4 1 (5.88%) Oracle Analyst
4 1 (5.88%) Senior Oracle Analyst
Libraries, Frameworks & Software Standards
1 9 (52.94%) CGI
2 1 (5.88%) WCF
2 1 (5.88%) WPF
2 1 (5.88%) .NET
2 1 (5.88%) XML
Miscellaneous
1 9 (52.94%) SWIFT
2 7 (41.18%) Analytical Skills
3 4 (23.53%) Fixed Income
4 3 (17.65%) Foreign Exchange (FX)
5 2 (11.76%) Market Risk
5 2 (11.76%) Derivative
6 1 (5.88%) Equity Derivative
6 1 (5.88%) Computer Science
6 1 (5.88%) Credit Risk
6 1 (5.88%) Equities
Processes & Methodologies
1 10 (58.82%) Data Modelling
2 9 (52.94%) Change Management
3 7 (41.18%) Business Analysis
3 7 (41.18%) Use Case
4 6 (35.29%) Stakeholder Management
5 3 (17.65%) Project Management
6 2 (11.76%) Business Development
6 2 (11.76%) Risk Management
7 1 (5.88%) Business Intelligence
7 1 (5.88%) BPR
7 1 (5.88%) Information Security
7 1 (5.88%) Programme Management
7 1 (5.88%) Logistics
7 1 (5.88%) Systems Analysis
7 1 (5.88%) Digital Marketing
7 1 (5.88%) Greeks
7 1 (5.88%) Business Analytics
7 1 (5.88%) Analytics
7 1 (5.88%) Software Testing
7 1 (5.88%) Incident Management
Programming Languages
1 1 (5.88%) C#
1 1 (5.88%) PL/SQL
1 1 (5.88%) SQL
Qualifications
1 4 (23.53%) Degree
2 3 (17.65%) IIBA
2 3 (17.65%) CBAP
2 3 (17.65%) MBA
Quality Assurance & Compliance
1 1 (5.88%) MiFID
1 1 (5.88%) FATCA
1 1 (5.88%) EMIR
1 1 (5.88%) Dodd-Frank
Systems Management
1 1 (5.88%) HP Quality Center
Vendors
1 9 (52.94%) Misys
2 3 (17.65%) Oracle
3 1 (5.88%) SAP
3 1 (5.88%) Murex
3 1 (5.88%) Symantec
3 1 (5.88%) Websense
3 1 (5.88%) ION Trading