Period
to 19 November 2017

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in the South West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 19 November 2017 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 > South West
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 186 194 191
Rank change year-on-year +8 -3 -3
Contract jobs citing Financial Institution 11 10 34
As % of all contract IT jobs advertised in the South West 0.20% 0.17% 0.51%
As % of the General category 0.59% 0.58% 1.65%
Number of daily rates quoted 10 10 21
South West median daily rate £550 £425 £440
Median daily rate % change year-on-year +29.41% -3.41% +28.47%
10th Percentile £481 £314 £270
90th Percentile £788 £515 £488
England median daily rate £550 £475 £500
% change year-on-year +15.79% -5.00% +11.11%
Number of hourly rates quoted 0 0 0
South West median hourly rate - - -
England median hourly rate £13.64 £9.02 £21.53
% change year-on-year +51.30% -58.12% +134.35%

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 South West with a requirement for common skills.

All General Skills
South West
Contract vacancies with a requirement for common skills 1872 1730 2056
As % of all contract IT jobs advertised in the South West 33.63% 30.10% 31.12%
Number of daily rates quoted 1255 1239 1399
South West median daily rate £400 £375 £390
Median daily rate % change year-on-year +6.67% -3.85% -2.50%
10th Percentile £256 £238 £263
90th Percentile £574 £563 £532
England median daily rate £475 £450 £433
% change year-on-year +5.56% +4.05% +1.76%
Number of hourly rates quoted 64 93 123
South West median hourly rate £35.00 £34.50 £40.00
Median hourly rate % change year-on-year +1.45% -13.75% +40.35%
10th Percentile £12.29 £12.00 £15.65
90th Percentile £57.63 £49.65 £55.00
England median hourly rate £25.12 £25.00 £24.85
% change year-on-year +0.48% +0.60% +13.60%

Financial Institution
Job Vacancy Trend in the South West

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

Job vacancy trend for Financial Institution in the South West

Financial Institution
Contractor Daily Rate Trend in the South West

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

Contractor daily rate trend for Financial Institution in the South West

Financial Institution
Contractor Daily Rate Histogram in the South West

The daily rate distribution of IT jobs citing Financial Institution in the South West over the 6 months to 19 November 2017.

Contractor daily rate histogram for Financial Institution in the South West

Financial Institution
Contractor Hourly Rate Trend in the South West

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

Contractor hourly rate trend for Financial Institution in the South West

Financial Institution
Contract Job Locations in the South 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 South West region over the 6 months to 19 November 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
Bristol -5 5 £550 +83.33% 1
Gloucestershire +22 2 £525 +23.53%
Dorset +3 1 - -
Wiltshire +1 1 £775 +72.22% 1
Financial Institution
England

For the 6 months to 19 November 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 South West region with a requirement for Financial Institution.

1 11 (100.00%) Finance
2 4 (36.36%) Legal
2 4 (36.36%) Banking
3 3 (27.27%) PSD2
4 2 (18.18%) Machine Learning
4 2 (18.18%) Cybersecurity
4 2 (18.18%) Anti-Money Laundering
4 2 (18.18%) Source to Pay
4 2 (18.18%) Performance Management
4 2 (18.18%) Stakeholder Engagement
4 2 (18.18%) Retail Banking
4 2 (18.18%) Stakeholder Management
4 2 (18.18%) Agile Software Development
4 2 (18.18%) TOGAF
4 2 (18.18%) General Ledger
4 2 (18.18%) HTML
4 2 (18.18%) JavaScript
4 2 (18.18%) CSS
4 2 (18.18%) ITIL
4 2 (18.18%) ERP
4 2 (18.18%) Biometrics
5 1 (9.09%) MVC
5 1 (9.09%) Project Management
5 1 (9.09%) ISO 9000
5 1 (9.09%) SDL Web 8
5 1 (9.09%) E-Commerce
5 1 (9.09%) DOM
5 1 (9.09%) .NET
5 1 (9.09%) AOP
5 1 (9.09%) Ajax

Financial Institution
Co-occurring IT Skills in the South 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:

Application Platforms
1 1 (9.09%) CMS
Business Applications
1 1 (9.09%) SDL Web 8
General
1 11 (100.00%) Finance
2 4 (36.36%) Banking
2 4 (36.36%) Legal
3 2 (18.18%) General Ledger
3 2 (18.18%) Retail Banking
4 1 (9.09%) Law
Job Titles
1 2 (18.18%) Architect
1 2 (18.18%) Developer
1 2 (18.18%) Enterprise Architect
1 2 (18.18%) ERP Architect
1 2 (18.18%) Senior Manager
2 1 (9.09%) Analyst
2 1 (9.09%) Business Analyst
2 1 (9.09%) Lead Architect
2 1 (9.09%) Lead Business Analyst
2 1 (9.09%) Lead Enterprise Architect
2 1 (9.09%) Online Business Analyst
2 1 (9.09%) Programme Manager
2 1 (9.09%) Senior Programme Manager
2 1 (9.09%) Senior Test Manager
2 1 (9.09%) ServiceNow Developer
2 1 (9.09%) Strategy Analyst
2 1 (9.09%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (18.18%) CSS
1 2 (18.18%) HTML
2 1 (9.09%) .NET
2 1 (9.09%) Ajax
2 1 (9.09%) DOM
Miscellaneous
1 1 (9.09%) CMDB
1 1 (9.09%) Enterprise Software
1 1 (9.09%) Hedge funds
Processes & Methodologies
1 2 (18.18%) Agile Software Development
1 2 (18.18%) Anti-Money Laundering
1 2 (18.18%) Biometrics
1 2 (18.18%) Cybersecurity
1 2 (18.18%) ERP
1 2 (18.18%) ITIL
1 2 (18.18%) Machine Learning
1 2 (18.18%) Performance Management
1 2 (18.18%) Source to Pay
1 2 (18.18%) Stakeholder Engagement
1 2 (18.18%) Stakeholder Management
1 2 (18.18%) TOGAF
2 1 (9.09%) E-Commerce
2 1 (9.09%) Migration
2 1 (9.09%) MVC
2 1 (9.09%) Programme Management
2 1 (9.09%) Project Management
2 1 (9.09%) Scrum
2 1 (9.09%) Waterfall
2 1 (9.09%) Zachman Framework
Programming Languages
1 2 (18.18%) JavaScript
2 1 (9.09%) C#
Qualifications
1 1 (9.09%) BPSS Clearance
Quality Assurance & Compliance
1 3 (27.27%) PSD2
2 1 (9.09%) ISO 9000
2 1 (9.09%) ISO/IEC 20000
2 1 (9.09%) ISO/IEC 27001
2 1 (9.09%) PMO
Vendors
1 1 (9.09%) ServiceNow
1 1 (9.09%) TSYS