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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 29 July 2016 with a comparison to the same period over 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.

3 months to
29 Jul 2016
Same period 2015 Same period 2014
Banking
Rank 48 29 14
Rank change year-on-year
-19 -15
Contract jobs citing Banking 7 47 90
As % of all contract IT jobs located in Wales 1.19% 5.37% 11.42%
As % of the General category 5.15% 20.80% 36.89%
Number of daily rates quoted 5 46 74
Median daily rate £400 £333 £375
Median daily rate % change year-on-year
+20.30% -11.33%
90% offered a daily rate of more than £303 £180 £188
10% offered a daily rate of more than £417 £425 £450
UK excluding London median daily rate £423 £400 £400
% change year-on-year
+5.62% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £19.07 £11.60 £14.00
% change year-on-year
+64.46% -17.17%
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
136 226 244
As % of all contract IT jobs located in Wales 23.21% 25.80% 30.96%
Number of daily rates quoted 100 169 177
Median daily rate £375 £350 £389
Median daily rate % change year-on-year
+7.14% -9.96%
90% offered a daily rate of more than £243 £185 £225
10% offered a daily rate of more than £600 £450 £510
UK excluding London median daily rate £400 £400 £384
% change year-on-year
- +4.16%
Number of hourly rates quoted 3 7 3
Median hourly rate £11.72 £12.42 £22.50
Median hourly rate % change year-on-year
-5.65% -44.78%
90% offered a hourly rate of more than £9.34 £9.00 £12.50
10% offered a hourly rate of more than £68.74 £34.75 £24.50
UK excluding London median hourly rate £20.50 £22.50 £22.50
% change year-on-year
-8.88% -

Banking
Jobs Demand Trend in Wales

The demand trend of contract jobs across the Wales region citing Banking as a proportion of all IT contracts with a match in 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 29 July 2016.

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 median contractor rates quoted in IT jobs citing Banking within the Wales region over the 3 months to 29 July 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
South Wales -13 7 £400 +16.95% 1
Banking
UK

Banking
Top 30 Related IT Skills in Wales

For the 6 months to 29 July 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Wales region with a requirement for Banking.

1 10 (55.56%) Finance
2 7 (38.89%) Agile Software Development
3 6 (33.33%) Stakeholder Management
3 6 (33.33%) SQL
4 5 (27.78%) Data Analysis
5 3 (16.67%) Data Warehouse
5 3 (16.67%) SAS
5 3 (16.67%) Retail
5 3 (16.67%) Retail Banking
5 3 (16.67%) User Experience
5 3 (16.67%) Analytical Skills
6 2 (11.11%) Change Control
6 2 (11.11%) Kimball Methodology
6 2 (11.11%) Business Analysis
6 2 (11.11%) SQL Server Analysis Services
6 2 (11.11%) Spreadsheet
6 2 (11.11%) Microsoft Analysis Services
6 2 (11.11%) SQL Server Reporting Services
6 2 (11.11%) Scrum
6 2 (11.11%) SQL Server Integration Services
6 2 (11.11%) Data Mining
6 2 (11.11%) ETL
6 2 (11.11%) MS Access
6 2 (11.11%) Cognos
6 2 (11.11%) T-SQL
6 2 (11.11%) VB
6 2 (11.11%) Java
6 2 (11.11%) SQL Server
6 2 (11.11%) Business Intelligence
6 2 (11.11%) Star Schema

Banking
Top Related IT Skills in Wales by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (16.67%) SAS
Applications
1 2 (11.11%) Spreadsheet
2 1 (5.56%) MS Excel
2 1 (5.56%) MS PowerPoint
2 1 (5.56%) MS Visio
Communications & Networking
1 1 (5.56%) ATM
Database & Business Intelligence
1 3 (16.67%) Data Warehouse
2 2 (11.11%) BusinessObjects
2 2 (11.11%) Data Mining
2 2 (11.11%) Microsoft Analysis Services
2 2 (11.11%) MS Access
2 2 (11.11%) SQL Server
2 2 (11.11%) SQL Server Analysis Services
2 2 (11.11%) SQL Server Integration Services
2 2 (11.11%) SQL Server Reporting Services
2 2 (11.11%) Star Schema
3 1 (5.56%) DataStage
Development Applications
1 1 (5.56%) Cucumber
1 1 (5.56%) Eclipse
1 1 (5.56%) Visual Studio
General
1 10 (55.56%) Finance
2 3 (16.67%) Retail
2 3 (16.67%) Retail Banking
Job Titles
1 8 (44.44%) Analyst
2 6 (33.33%) Banking Analyst
3 4 (22.22%) Banking Business Analyst
3 4 (22.22%) Business Analyst
4 3 (16.67%) Agile Business Analyst
4 3 (16.67%) Agile Requirements Analyst
4 3 (16.67%) Business Requirements Analyst
4 3 (16.67%) Developer
4 3 (16.67%) Mortgage Business Analyst
4 3 (16.67%) Requirements Analyst
5 2 (11.11%) Business Intelligence Developer
5 2 (11.11%) Data Analyst
5 2 (11.11%) Designer
5 2 (11.11%) IT Manager
5 2 (11.11%) IT Project Manager
5 2 (11.11%) Project Manager
5 2 (11.11%) SQL BI Developer
5 2 (11.11%) SQL Developer
5 2 (11.11%) SSIS Developer
5 2 (11.11%) UX Designer
Libraries, Frameworks & Software Standards
1 1 (5.56%) .NET
1 1 (5.56%) Gherkin
1 1 (5.56%) HTML
Miscellaneous
1 3 (16.67%) Analytical Skills
1 3 (16.67%) User Experience
2 1 (5.56%) AS400
2 1 (5.56%) Credit Risk
2 1 (5.56%) Data Structures
2 1 (5.56%) Economics
2 1 (5.56%) EPoS
2 1 (5.56%) Mathematics
2 1 (5.56%) Statistics
2 1 (5.56%) Visualisation
Processes & Methodologies
1 7 (38.89%) Agile Software Development
2 6 (33.33%) Stakeholder Management
3 5 (27.78%) Data Analysis
4 2 (11.11%) Business Analysis
4 2 (11.11%) Business Intelligence
4 2 (11.11%) Change Control
4 2 (11.11%) ETL
4 2 (11.11%) Kimball Methodology
4 2 (11.11%) Scrum
5 1 (5.56%) Analytics
5 1 (5.56%) Change Management
5 1 (5.56%) Contingency Planning
5 1 (5.56%) Fraud Detection
5 1 (5.56%) Migration
5 1 (5.56%) Project Management
5 1 (5.56%) Prototyping
5 1 (5.56%) Risk Management
5 1 (5.56%) Stakeholder and Relationship Management
5 1 (5.56%) System Integration Testing
5 1 (5.56%) Translating Business Requirements
Programming Languages
1 6 (33.33%) SQL
2 2 (11.11%) Java
2 2 (11.11%) T-SQL
2 2 (11.11%) VB
3 1 (5.56%) MATLAB
3 1 (5.56%) VBA
Qualifications
1 1 (5.56%) Degree
Quality Assurance & Compliance
1 1 (5.56%) Data Quality
Vendors
1 2 (11.11%) Cognos
1 2 (11.11%) Microsoft