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 2 July 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
2 Jul 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank 583 581 532
Rank change year-on-year
-2 -49
Contract jobs citing Wholesale Banking 20 5 44
As % of all contract IT jobs located in the UK 0.036% 0.009% 0.089%
As % of the General category 0.091% 0.024% 0.21%
Number of daily rates quoted 16 3 32
Average daily rate
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£575 £438 £500
Average daily rate % change year-on-year
+31.42% -12.50%
90% offered a daily rate of more than £371 £418 £400
10% offered a daily rate of more than £650 £488 £600
UK excluding London average daily rate - - £400
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
21860 20735 21369
As % of all contract IT jobs located in the UK 39.68% 38.60% 43.19%
Number of daily rates quoted 14034 12918 13010
Average daily rate £425 £425 £450
Average daily rate % change year-on-year
- -5.55%
90% offered a daily rate of more than £280 £263 £275
10% offered a daily rate of more than £610 £613 £600
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 535 568 635
Average hourly rate £22.50 £22.00 £22.50
Average hourly rate % change year-on-year
+2.27% -2.22%
90% offered a hourly rate of more than £11.00 £11.80 £11.74
10% offered a hourly rate of more than £49.19 £42.00 £43.00
UK excluding London average hourly rate £22.50 £23.00 £24.50
% change year-on-year
-2.17% -6.12%

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 2 July 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 4 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 2 July 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 19 £575 +31.42% 7
London +16 18 £575 +31.42% 6
City of London -1 5 £600 +41.17% 2
Docklands, London - 1 £750 -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 2 July 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 35 (100.00%) Banking
2 18 (51.43%) Finance
2 18 (51.43%) SWIFT
3 11 (31.43%) User Acceptance Testing
4 8 (22.86%) QA
4 8 (22.86%) Investment Banking
5 7 (20.00%) Back Office
6 6 (17.14%) Analytical Skills
6 6 (17.14%) SQL
7 5 (14.29%) Oracle
7 5 (14.29%) Project Management
7 5 (14.29%) Cash Management
7 5 (14.29%) Credit Risk
7 5 (14.29%) Business Analysis
8 4 (11.43%) Corporate Banking
8 4 (11.43%) Middleware
8 4 (11.43%) Risk Management
8 4 (11.43%) Retail
8 4 (11.43%) Stakeholder Management
9 3 (8.57%) HP
9 3 (8.57%) HP UFT
9 3 (8.57%) Foreign Exchange (FX)
9 3 (8.57%) Misys
9 3 (8.57%) Automated Testing
9 3 (8.57%) Degree
9 3 (8.57%) HP Quality Center
9 3 (8.57%) Stress Testing
9 3 (8.57%) Integration Testing
9 3 (8.57%) Test Scripting
9 3 (8.57%) System Testing

Wholesale Banking
Top Related IT Skills by Category

For the 6 months to 2 July 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.

Application Platforms
1 1 (2.86%) SAS
Applications
1 1 (2.86%) MS Project
Business Applications
1 2 (5.71%) Loan IQ
1 2 (5.71%) ACBS
2 1 (2.86%) Temenos T24
2 1 (2.86%) Oracle General Ledger
2 1 (2.86%) Oracle Subledger Accounting
Database & Business Intelligence
1 2 (5.71%) Data Warehouse
1 2 (5.71%) Oracle Database
2 1 (2.86%) Oracle Reports
2 1 (2.86%) SQL Server Integration Services
Development Applications
1 3 (8.57%) HP UFT
2 1 (2.86%) JIRA
2 1 (2.86%) Team Foundation Server
2 1 (2.86%) SpecFlow
General
1 35 (100.00%) Banking
2 18 (51.43%) Finance
3 8 (22.86%) Investment Banking
4 7 (20.00%) Back Office
5 4 (11.43%) Retail
5 4 (11.43%) Corporate Banking
6 1 (2.86%) General Ledger
6 1 (2.86%) Financial Institution
Job Titles
1 26 (74.29%) Analyst
2 19 (54.29%) Business Analyst
3 7 (20.00%) Payments Business Analyst
4 5 (14.29%) Architect
4 5 (14.29%) Test Analyst
5 4 (11.43%) Solutions Architect
6 3 (8.57%) Credit Risk Business Analyst
6 3 (8.57%) Risk Analyst
6 3 (8.57%) Testing Analyst
6 3 (8.57%) Credit Analyst
6 3 (8.57%) Banking Business Analyst
6 3 (8.57%) Credit Risk Analyst
7 2 (5.71%) Consultant
8 1 (2.86%) Project Manager
8 1 (2.86%) Business Systems Analyst
8 1 (2.86%) Systems Analyst
8 1 (2.86%) Information Security Analyst
8 1 (2.86%) IT Business Analyst
8 1 (2.86%) Financial Analyst
8 1 (2.86%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 4 (11.43%) Middleware
2 2 (5.71%) CGI
3 1 (2.86%) .NET
Miscellaneous
1 18 (51.43%) SWIFT
2 6 (17.14%) Analytical Skills
3 5 (14.29%) Credit Risk
4 3 (8.57%) Foreign Exchange (FX)
5 1 (2.86%) Management Information System
5 1 (2.86%) Economics
Operating Systems
1 1 (2.86%) UNIX
Processes & Methodologies
1 11 (31.43%) User Acceptance Testing
2 5 (14.29%) Business Analysis
2 5 (14.29%) Project Management
2 5 (14.29%) Cash Management
3 4 (11.43%) Stakeholder Management
3 4 (11.43%) Risk Management
4 3 (8.57%) Automated Testing
4 3 (8.57%) Stress Testing
4 3 (8.57%) Integration Testing
4 3 (8.57%) Test Scripting
4 3 (8.57%) System Testing
4 3 (8.57%) Software Delivery
5 2 (5.71%) Target Operating Model
5 2 (5.71%) Migration
5 2 (5.71%) Risk Analysis
5 2 (5.71%) Use Case
5 2 (5.71%) Change Management
5 2 (5.71%) Data Modelling
5 2 (5.71%) Business Intelligence
6 1 (2.86%) Six Sigma
Programming Languages
1 6 (17.14%) SQL
2 1 (2.86%) VB
2 1 (2.86%) C#
2 1 (2.86%) Java
Qualifications
1 3 (8.57%) Degree
2 1 (2.86%) IIBA
2 1 (2.86%) CBAP
2 1 (2.86%) ISTQB Advanced Certification
2 1 (2.86%) Postgraduate
2 1 (2.86%) MBA
2 1 (2.86%) ISTQB
Quality Assurance & Compliance
1 8 (22.86%) QA
2 3 (8.57%) Basel III
Systems Management
1 3 (8.57%) HP Quality Center
Vendors
1 5 (14.29%) Oracle
2 3 (8.57%) Misys
2 3 (8.57%) HP
3 2 (5.71%) Microsoft
4 1 (2.86%) Symantec
4 1 (2.86%) Websense
4 1 (2.86%) Temenos
4 1 (2.86%) SAP