Period
to 28 July 2017

The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for Wealth Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Wealth Management over the 6 months to 28 July 2017 with a comparison to the same period in 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.

Wealth Management
UK > Scotland
6 months to
28 Jul 2017
Same period 2016 Same period 2015
Rank 154 159 154
Rank change year-on-year +5 -5 -5
Contract jobs citing Wealth Management 19 51 44
As % of all contract IT jobs advertised in Scotland 0.45% 0.93% 0.71%
As % of the Processes & Methodologies category 0.54% 1.09% 0.87%
Number of daily rates quoted 6 30 37
Scotland median daily rate £538 £388 £375
Median daily rate % change year-on-year +38.71% +3.33% +7.14%
10th Percentile £406 £312 £296
90th Percentile £600 £538 £550
UK median daily rate £525 £525 £525
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - £11.00 -

Wealth Management is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Scotland with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Scotland
Contract job vacancies with a requirement for process and methodology skills 3520 4661 5061
As % of all contract IT job vacancies advertised in Scotland 82.80% 84.95% 81.72%
Number of daily rates quoted 2049 2672 2637
Scotland median daily rate £388 £375 £375
Median daily rate % change year-on-year +3.33% - -
10th Percentile £256 £235 £250
90th Percentile £525 £500 £495
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 78 89 124
Scotland median hourly rate £30.00 £36.00 £28.75
Median hourly rate % change year-on-year -16.67% +25.22% +23.66%
10th Percentile £13.00 £11.29 £12.35
90th Percentile £45.30 £43.15 £45.00
UK median hourly rate £25.00 £25.12 £22.00
% change year-on-year -0.48% +14.18% +4.76%

Wealth Management
Job Vacancy Trend in Scotland

Job postings citing Wealth Management as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Wealth Management in Scotland

Wealth Management
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Wealth Management in Scotland.

Contractor daily rate trend for Wealth Management in Scotland

Wealth Management
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing Wealth Management in Scotland over the 6 months to 28 July 2017.

Contractor daily rate histogram for Wealth Management in Scotland

Wealth Management
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Wealth Management within the Scotland region over the 6 months to 28 July 2017. 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
Glasgow -17 12 £600 +71.43% 4
Edinburgh +9 7 £425 -10.53% 1
Wealth Management
UK

For the 6 months to 28 July 2017, IT contractor jobs citing Wealth Management 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 Scotland region with a requirement for Wealth Management.

1 14 (73.68%) Banking
2 12 (63.16%) Finance
3 9 (47.37%) Investment Banking
3 9 (47.37%) Investment Management
4 6 (31.58%) Business Analysis
4 6 (31.58%) Stakeholder Management
5 5 (26.32%) Agile Software Development
5 5 (26.32%) Data Analysis
6 4 (21.05%) Creative Problem-Solving
6 4 (21.05%) Security Testing
6 4 (21.05%) Microsoft Office
6 4 (21.05%) Microsoft
6 4 (21.05%) Penetration Testing
6 4 (21.05%) Risk Management
7 3 (15.79%) Migration
7 3 (15.79%) Java
7 3 (15.79%) Project Management
7 3 (15.79%) Data Migration
7 3 (15.79%) Data Mapping
8 2 (10.53%) System Integration Testing
8 2 (10.53%) Analytical Skills
8 2 (10.53%) User Acceptance Testing
8 2 (10.53%) MiFID
8 2 (10.53%) User Stories
8 2 (10.53%) Technical Analysis
8 2 (10.53%) Relational Database
8 2 (10.53%) EMIR
8 2 (10.53%) OO
8 2 (10.53%) Back Office
8 2 (10.53%) Financial Institution

Wealth Management
Co-occurring IT Skills in Scotland 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 1 (5.26%) Mule
Applications
1 4 (21.05%) Microsoft Office
2 1 (5.26%) Microsoft PowerPoint
2 1 (5.26%) MS Visio
Business Applications
1 1 (5.26%) Markit EDM
Cloud Services
1 1 (5.26%) IBM Blueworks
Database & Business Intelligence
1 2 (10.53%) Relational Database
2 1 (5.26%) DB2
2 1 (5.26%) RDBMS
Development Applications
1 1 (5.26%) Ant
1 1 (5.26%) Git (software)
1 1 (5.26%) Gradle
1 1 (5.26%) Hudson
1 1 (5.26%) Jenkins
1 1 (5.26%) JMeter
1 1 (5.26%) JUnit
1 1 (5.26%) Maven
1 1 (5.26%) Mockito
General
1 14 (73.68%) Banking
2 12 (63.16%) Finance
3 9 (47.37%) Investment Banking
4 2 (10.53%) Back Office
4 2 (10.53%) Financial Institution
5 1 (5.26%) Front Office
5 1 (5.26%) Legal
5 1 (5.26%) Private Banking
5 1 (5.26%) Retail
Job Titles
1 9 (47.37%) Analyst
1 9 (47.37%) Business Analyst
2 5 (26.32%) Project Manager
2 5 (26.32%) Wealth Management Business Analyst
3 4 (21.05%) Security Manager
3 4 (21.05%) Security Project Manager
4 3 (15.79%) Data Business Analyst
4 3 (15.79%) Developer
5 2 (10.53%) Banking Analyst
5 2 (10.53%) Banking Business Analyst
5 2 (10.53%) Data Migration Analyst
5 2 (10.53%) Data Migration Business Analyst
5 2 (10.53%) Java Developer
5 2 (10.53%) Migration Analyst
5 2 (10.53%) Operations Analyst
5 2 (10.53%) Operations Business Analyst
5 2 (10.53%) Senior Analyst
5 2 (10.53%) Senior Banking Business Analyst
5 2 (10.53%) Senior Business Analyst
5 2 (10.53%) Senior Operations Analyst
Libraries, Frameworks & Software Standards
1 2 (10.53%) Spring
2 1 (5.26%) Ajax
2 1 (5.26%) Apache Camel
2 1 (5.26%) FIX Protocol
2 1 (5.26%) J2EE
2 1 (5.26%) JSON
2 1 (5.26%) Protocol Buffers
2 1 (5.26%) SOAP
2 1 (5.26%) Web Services
2 1 (5.26%) XML
Miscellaneous
1 2 (10.53%) Analytical Skills
2 1 (5.26%) Data Structures
2 1 (5.26%) Derivative
2 1 (5.26%) Enterprise Software
2 1 (5.26%) Fintech
2 1 (5.26%) OTC Derivatives
2 1 (5.26%) Virtual Team
Operating Systems
1 1 (5.26%) Unix
Processes & Methodologies
1 9 (47.37%) Investment Management
2 6 (31.58%) Business Analysis
2 6 (31.58%) Stakeholder Management
3 5 (26.32%) Agile Software Development
3 5 (26.32%) Data Analysis
4 4 (21.05%) Creative Problem-Solving
4 4 (21.05%) Penetration Testing
4 4 (21.05%) Risk Management
4 4 (21.05%) Security Testing
5 3 (15.79%) Data Mapping
5 3 (15.79%) Data Migration
5 3 (15.79%) Migration
5 3 (15.79%) Project Management
6 2 (10.53%) Asset Management
6 2 (10.53%) Data Management
6 2 (10.53%) OO
6 2 (10.53%) Scrum
6 2 (10.53%) TDD
6 2 (10.53%) User Acceptance Testing
6 2 (10.53%) User Stories
Programming Languages
1 3 (15.79%) Java
2 2 (10.53%) SQL
3 1 (5.26%) Scala
3 1 (5.26%) Shell Script
Qualifications
1 2 (10.53%) Degree
Quality Assurance & Compliance
1 2 (10.53%) EMIR
1 2 (10.53%) MiFID
2 1 (5.26%) AIFMD
2 1 (5.26%) Dodd-Frank
System Software
1 1 (5.26%) Active Directory
Vendors
1 4 (21.05%) Microsoft
2 1 (5.26%) Charles River
2 1 (5.26%) Misys
2 1 (5.26%) Oracle
2 1 (5.26%) Perforce
2 1 (5.26%) Sybase
2 1 (5.26%) Tieto