The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 23 February 2017 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
23 Feb 2017
Same period 2016 Same period 2015
Financial Institution
England / West Midlands
Rank 118 122 110
Rank change year-on-year
+4 -12
Contract jobs citing Financial Institution 1 4 1
As % of all contract IT jobs located in the West Midlands 0.042% 0.15% 0.045%
As % of the General category 0.14% 0.57% 0.14%
Number of daily rates quoted 1 3 0
Median daily rate £390 £350 -
Median daily rate % change year-on-year
+11.42% -
UK excluding London median daily rate £415 £375 £391
% change year-on-year
+10.66% -4.09%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £9.15
UK excluding London median hourly rate - - £16.00

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

General Category
West Midlands
Contract IT job ads with a match in the
General category
695 706 713
As % of all contract IT jobs located in the West Midlands 28.91% 26.79% 31.83%
Number of daily rates quoted 409 421 376
Median daily rate £413 £400 £375
Median daily rate % change year-on-year
+3.12% +6.66%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £525 £550 £525
UK excluding London median daily rate £413 £400 £400
% change year-on-year
+3.12% -
Number of hourly rates quoted 39 26 50
Median hourly rate £25.00 £20.50 £26.00
Median hourly rate % change year-on-year
+21.95% -21.15%
90% offered a hourly rate of more than £11.35 £15.10 £11.00
10% offered a hourly rate of more than £37.15 £42.00 £35.30
UK excluding London median hourly rate £27.00 £32.50 £22.69
% change year-on-year
-16.92% +43.23%

Financial Institution
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in the West Midlands

Financial Institution
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Institution across the West Midlands region.

Financial Institution Daily Rate Trend in the West Midlands

Financial Institution
Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Institution across the West Midlands region.

Financial Institution Hourly Rate Trend in the West Midlands

Financial Institution
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the West Midlands region over the 3 months to 23 February 2017. 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 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
Wolverhampton - 1 £390 -
Financial Institution
England

Financial Institution
Top 11 Related IT Skills in the West Midlands

For the 6 months to 23 February 2017, IT contractor jobs citing Financial Institution 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 West Midlands region with a requirement for Financial Institution.

1 2 (100.00%) Finance
2 1 (50.00%) Migration
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Business Analysis
2 1 (50.00%) Credit Risk
2 1 (50.00%) User Acceptance Testing
2 1 (50.00%) Data Migration
2 1 (50.00%) Microsoft Azure
2 1 (50.00%) ETL Development
2 1 (50.00%) CRM
2 1 (50.00%) ETL

Financial Institution
Top Related IT Skills in the West Midlands 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:

Cloud Services
1 1 (50.00%) Microsoft Azure
General
1 2 (100.00%) Finance
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Architect
1 1 (50.00%) Business Analyst
1 1 (50.00%) Credit Analyst
1 1 (50.00%) Credit Risk Analyst
1 1 (50.00%) Credit Risk Business Analyst
1 1 (50.00%) Finance Business Analyst
1 1 (50.00%) Financial Analyst
1 1 (50.00%) Infrastructure Architect
1 1 (50.00%) Risk Analyst
1 1 (50.00%) Risk Business Analyst
1 1 (50.00%) Service Analyst
Miscellaneous
1 1 (50.00%) Credit Risk
Processes & Methodologies
1 1 (50.00%) Business Analysis
1 1 (50.00%) CRM
1 1 (50.00%) Data Migration
1 1 (50.00%) ETL
1 1 (50.00%) ETL Development
1 1 (50.00%) Migration
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) User Acceptance Testing
Shrewsbury, Shropshire
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