The table below looks at the prevalence of the term Banking in IT contracts advertised for the Wales region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 31 August 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
31 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 36 21 9
Rank change year-on-year
-15 -12
Contract jobs citing Banking 41 56 70
As % of all contract IT jobs located in Wales 4.50% 8.07% 12.15%
As % of the General category 18.55% 28.28% 33.49%
Number of daily rates quoted 39 48 53
Average daily rate
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£342 £375 £375
Average daily rate % change year-on-year
-8.80% -
90% offered a daily rate of more than £180 £199 £273
10% offered a daily rate of more than £430 £500 £400
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%
Banking
UK

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Wales region.

General Category
Wales
Contract IT job ads with a match in the
General category
221 198 209
As % of all contract IT jobs located in Wales 24.23% 28.53% 36.28%
Number of daily rates quoted 159 149 151
Average daily rate £356 £400 £375
Average daily rate % change year-on-year
-11.00% +6.66%
90% offered a daily rate of more than £185 £225 £250
10% offered a daily rate of more than £504 £510 £475
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 9 4 4
Average hourly rate £16.68 £23.75 £10.50
Average hourly rate % change year-on-year
-29.78% +126.19%
90% offered a hourly rate of more than £9.00 £13.75 £9.23
10% offered a hourly rate of more than £33.25 £109.00 £10.89
UK excluding London average hourly rate £27.50 £22.50 £22.50
% change year-on-year
+22.22% -

Banking
Jobs Demand Trend in Wales

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the Wales region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Wales

Banking
Daily Rate Trend in Wales

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Wales region.

Banking Daily Rate Trend in Wales

Banking
Daily Rate Histogram in Wales

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Wales region over the 3 months to 31 August 2015.

Banking Daily Rate Histogram in Wales

Banking
Hourly Rate Trend in Wales

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Wales region.

Banking Hourly Rate Trend in Wales

Banking
Contract Job Locations in Wales

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Wales region over the 3 months to 31 August 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
South Wales -19 34 £356 -5.06%
Banking
UK

Banking
Top 30 Related IT Skills in Wales

For the 6 months to 31 August 2015, IT contractor jobs across the Wales region citing 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 Banking.

1 54 (80.60%) Finance
2 23 (34.33%) ISEB
2 23 (34.33%) Retail
3 22 (32.84%) Stakeholder Management
4 20 (29.85%) AS400
5 19 (28.36%) ISTQB
6 16 (23.88%) Retail Banking
7 13 (19.40%) Project Management
8 6 (8.96%) Change Management
8 6 (8.96%) Business Analysis
9 5 (7.46%) Analytical Skills
10 4 (5.97%) Six Sigma
10 4 (5.97%) Migration
10 4 (5.97%) Windows
11 3 (4.48%) SQL Server
11 3 (4.48%) SDLC
11 3 (4.48%) Target Operating Model
11 3 (4.48%) Six Sigma Black Belt
11 3 (4.48%) Lean Six Sigma
12 2 (2.99%) .NET Framework
12 2 (2.99%) Resource Management
12 2 (2.99%) Data Analysis
12 2 (2.99%) WCF
12 2 (2.99%) Credit Risk
12 2 (2.99%) Data Migration
12 2 (2.99%) Entity Framework
12 2 (2.99%) iSeries
12 2 (2.99%) Stakeholder Engagement
12 2 (2.99%) IIS
12 2 (2.99%) MS Project

Banking
Top Related IT Skills in Wales by Category

For the 6 months to 31 August 2015, IT contractor jobs across the Wales region citing 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 Banking. Up to 20 skills are shown per category.

Application Platforms
1 2 (2.99%) IIS
Applications
1 2 (2.99%) MS Project
1 2 (2.99%) MS Office
2 1 (1.49%) MS Excel
Communications & Networking
1 1 (1.49%) SAN
1 1 (1.49%) Internet
Database & Business Intelligence
1 3 (4.48%) SQL Server
2 1 (1.49%) Data Warehouse
2 1 (1.49%) SQL Server Integration Services
2 1 (1.49%) SQL Server 2008
General
1 54 (80.60%) Finance
2 23 (34.33%) Retail
3 16 (23.88%) Retail Banking
4 1 (1.49%) Legal
4 1 (1.49%) Back Office
Job Titles
1 24 (35.82%) Analyst
2 19 (28.36%) Tester
3 16 (23.88%) Business Analyst
4 9 (13.43%) Project Manager
5 8 (11.94%) Manual Tester
6 7 (10.45%) Banking Business Analyst
7 5 (7.46%) Developer
8 4 (5.97%) Consultant
8 4 (5.97%) Process Consultant
8 4 (5.97%) PMO Analyst
9 3 (4.48%) Applications Support Analyst
9 3 (4.48%) Support Analyst
9 3 (4.48%) Applications Support
9 3 (4.48%) Lead Project Manager
10 2 (2.99%) Applications Developer
10 2 (2.99%) Junior Consultant
10 2 (2.99%) Architect
10 2 (2.99%) Junior
10 2 (2.99%) Senior Consultant
10 2 (2.99%) Analyst Developer
Libraries, Frameworks & Software Standards
1 2 (2.99%) .NET
1 2 (2.99%) ASP.NET
1 2 (2.99%) .NET Framework
1 2 (2.99%) WCF
1 2 (2.99%) Entity Framework
2 1 (1.49%) Hibernate
2 1 (1.49%) Spring
2 1 (1.49%) J2EE
Miscellaneous
1 20 (29.85%) AS400
2 5 (7.46%) Analytical Skills
3 2 (2.99%) Credit Risk
3 2 (2.99%) iSeries
4 1 (1.49%) Clustering
Operating Systems
1 4 (5.97%) Windows
2 1 (1.49%) Windows 2000
2 1 (1.49%) Windows Server 2003
2 1 (1.49%) Windows Server 2008
2 1 (1.49%) Windows 2000 Server
Processes & Methodologies
1 22 (32.84%) Stakeholder Management
2 13 (19.40%) Project Management
3 6 (8.96%) Change Management
3 6 (8.96%) Business Analysis
4 4 (5.97%) Six Sigma
4 4 (5.97%) Migration
5 3 (4.48%) Lean Six Sigma
5 3 (4.48%) SDLC
5 3 (4.48%) Target Operating Model
6 2 (2.99%) Resource Management
6 2 (2.99%) Data Migration
6 2 (2.99%) Stakeholder Engagement
6 2 (2.99%) UML
6 2 (2.99%) MVC
6 2 (2.99%) Agile Software Development
6 2 (2.99%) Data Analysis
7 1 (1.49%) Scrum
7 1 (1.49%) Supplier Management
7 1 (1.49%) Requirements Analysis
7 1 (1.49%) Project Planning
Programming Languages
1 2 (2.99%) C#
1 2 (2.99%) VB.NET
2 1 (1.49%) RPG/400
2 1 (1.49%) RPG IV
2 1 (1.49%) Java
2 1 (1.49%) RPG
2 1 (1.49%) SQL
Qualifications
1 23 (34.33%) ISEB
2 19 (28.36%) ISTQB
3 3 (4.48%) Six Sigma Black Belt
4 1 (1.49%) PRINCE2 Practitioner
4 1 (1.49%) Six Sigma Master Black Belt
4 1 (1.49%) PMP
4 1 (1.49%) PMI Certification
Quality Assurance & Compliance
1 1 (1.49%) SLA
1 1 (1.49%) Sarbanes-Oxley
System Software
1 1 (1.49%) Active Directory
Vendors
1 2 (2.99%) Microsoft
2 1 (1.49%) VMware
2 1 (1.49%) Cognos