Period
to 17 September 2019

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in the North West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 17 September 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Financial Institution
England > North West
6 months to
17 Sep 2019
Same period 2018 Same period 2017
Rank 190 209 184
Rank change year-on-year +19 -25 +45
Contract jobs citing Financial Institution 10 7 20
As % of all contract IT jobs advertised in the North West 0.19% 0.12% 0.35%
As % of the General category 0.61% 0.37% 0.88%
Number of daily rates quoted 7 4 7
North West median daily rate £190 £280 £400
Median daily rate % change year-on-year -32.14% -30.00% +18.52%
10th Percentile £173 £110 £319
90th Percentile £500 £449 £485
England median daily rate £550 £550 £550
Number of hourly rates quoted 0 0 0
North West median hourly rate - - -
England median hourly rate £10.00 £18.70 £10.02
% change year-on-year -46.52% +86.58% +9.84%

Financial Institution is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the North West with a requirement for common skills.

All General Skills
North West
Contract vacancies with a requirement for common skills 1,629 1,913 2,274
As % of all contract IT jobs advertised in the North West 30.52% 32.13% 39.58%
Number of daily rates quoted 1,027 1,164 1,388
North West median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% - -
10th Percentile £250 £259 £234
90th Percentile £600 £575 £558
England median daily rate £500 £475 £463
% change year-on-year +5.26% +2.70% +2.78%
Number of hourly rates quoted 76 126 107
North West median hourly rate £18.75 £22.13 £16.13
Median hourly rate % change year-on-year -15.27% +37.24% -21.34%
10th Percentile £10.98 £11.34 £11.25
90th Percentile £42.75 £42.50 £48.30
England median hourly rate £22.93 £22.50 £22.50
% change year-on-year +1.91% - +9.30%

Financial Institution
Job Vacancy Trend in the North West

Job postings citing Financial Institution as a percentage of all IT jobs advertised in the North West.

Job vacancy trend for Financial Institution in the North West

Financial Institution
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Financial Institution in the North West

Financial Institution
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Financial Institution in the North West over the 6 months to 17 September 2019.

Contractor daily rate histogram for Financial Institution in the North West

Financial Institution
Contractor Hourly Rate Trend in the North West

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

Contractor hourly rate trend for Financial Institution in the North West

Financial Institution
Contract Job Locations in the North West

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 North West region over the 6 months to 17 September 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Manchester +8 5 £175 -59.30% 2
Cheshire +18 4 £415 +260.87% 1
Merseyside - 1 - -
Financial Institution
England

For the 6 months to 17 September 2019, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the North West region with a requirement for Financial Institution.

1 10 (100.00%) Finance
2 4 (40.00%) Front Office
2 4 (40.00%) CQG
2 4 (40.00%) Microsoft Office
2 4 (40.00%) Windows
2 4 (40.00%) Fidessa
2 4 (40.00%) Reuters
2 4 (40.00%) Bloomberg
2 4 (40.00%) Fixed Income
2 4 (40.00%) Equities
2 4 (40.00%) Eikon
2 4 (40.00%) FactSet
2 4 (40.00%) Hedge funds
2 4 (40.00%) Windows 7
3 3 (30.00%) Banking
3 3 (30.00%) Microsoft
3 3 (30.00%) Change Management
4 2 (20.00%) Wireless
4 2 (20.00%) Migration
4 2 (20.00%) PMI
4 2 (20.00%) PMI Certification
4 2 (20.00%) BGP
4 2 (20.00%) PRINCE2
4 2 (20.00%) LAN
4 2 (20.00%) WAN
4 2 (20.00%) DHCP
4 2 (20.00%) Cisco
4 2 (20.00%) Microsoft PowerPoint
4 2 (20.00%) Reference Data
4 2 (20.00%) Aruba

Financial Institution
Co-occurring IT Skills in the North West 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:

Applications
1 4 (40.00%) Microsoft Office
2 2 (20.00%) Microsoft PowerPoint
Business Applications
1 4 (40.00%) Eikon
Cloud Services
1 1 (10.00%) Azure
Communications & Networking
1 2 (20.00%) BGP
1 2 (20.00%) DHCP
1 2 (20.00%) LAN
1 2 (20.00%) WAN
1 2 (20.00%) Wireless
2 1 (10.00%) EIGRP
2 1 (10.00%) OSPF
General
1 10 (100.00%) Finance
2 4 (40.00%) Front Office
3 3 (30.00%) Banking
Job Titles
1 4 (40.00%) Analyst
1 4 (40.00%) Support Analyst
1 4 (40.00%) Trade Floor Support Analyst
2 3 (30.00%) Project Manager
3 2 (20.00%) Technical Manager
3 2 (20.00%) Technical Project Manager
4 1 (10.00%) Architect
4 1 (10.00%) Cisco Engineer
4 1 (10.00%) Cisco Network Engineer
4 1 (10.00%) Developer
4 1 (10.00%) LAN Engineer
4 1 (10.00%) LAN/WAN Engineer
4 1 (10.00%) Network Architect
4 1 (10.00%) Network Engineer
4 1 (10.00%) Python Developer
4 1 (10.00%) WAN Engineer
Libraries, Frameworks & Software Standards
1 1 (10.00%) .NET
Miscellaneous
1 4 (40.00%) Equities
1 4 (40.00%) Fixed Income
1 4 (40.00%) Hedge funds
2 2 (20.00%) PMI
2 2 (20.00%) Reference Data
Operating Systems
1 4 (40.00%) Windows
1 4 (40.00%) Windows 7
Processes & Methodologies
1 3 (30.00%) Change Management
2 2 (20.00%) Migration
2 2 (20.00%) PRINCE2
3 1 (10.00%) Agile Software Development
3 1 (10.00%) Asset Management
3 1 (10.00%) Business Transformation
3 1 (10.00%) DevOps
3 1 (10.00%) Digital Transformation Programme
3 1 (10.00%) Infrastructure Engineering
3 1 (10.00%) Process Improvement
3 1 (10.00%) Project Management
3 1 (10.00%) Release Management
3 1 (10.00%) Risk Management
3 1 (10.00%) Software Delivery
Programming Languages
1 1 (10.00%) Python
Qualifications
1 2 (20.00%) PMI Certification
Vendors
1 4 (40.00%) Bloomberg
1 4 (40.00%) CQG
1 4 (40.00%) FactSet
1 4 (40.00%) Fidessa
1 4 (40.00%) Reuters
2 3 (30.00%) Microsoft
3 2 (20.00%) Aruba
3 2 (20.00%) Cisco