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 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Financial Institution
England / South West
Rank 133 135 143
Rank change year-on-year +2 +8  
Contract jobs citing Financial Institution 4 5 4
As % of all contract IT jobs advertised in the South West 0.16% 0.17% 0.13%
As % of the General category 0.47% 0.55% 0.40%
Number of daily rates quoted 4 4 3
Median daily rate £408 £360 £500
Median daily rate % change year-on-year +13.19% -28.00%  
90% offered a daily rate of more than £292 £352 £444
10% offered a daily rate of more than £495 £600 £516
UK excluding London median daily rate £450 £450 £400
% change year-on-year - +12.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £16.00

Financial Institution is in the common skills category. The next 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.

General Skills
South West
Contract job vacancies with a requirement for common skills 846 908 1000
As % of all contract IT job vacancies advertised in the South West 32.87% 31.30% 32.15%
Number of daily rates quoted 599 617 665
Median daily rate £390 £375 £413
Median daily rate % change year-on-year +4.00% -9.09%  
90% offered a daily rate of more than £250 £270 £275
10% offered a daily rate of more than £520 £501 £560
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 39 66 28
Median hourly rate £39.00 £42.00 £40.00
Median hourly rate % change year-on-year -7.14% +5.00%  
90% offered a hourly rate of more than £16.00 £27.50 £12.40
10% offered a hourly rate of more than £46.69 £57.00 £44.10
UK excluding London median hourly rate £27.00 £31.50 £25.00
% change year-on-year -14.28% +26.00%  

Financial Institution
Job Vacancy Trend in the South West

The job posting trend of jobs advertised in the South West citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

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 3 months to 26 March 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 hourly rates quoted in IT contractor 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 3 months to 26 March 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
Gloucestershire - 3 £425 - 1
Bristol +3 1 £390 +8.33% 1
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the South West

For the 6 months to 26 March 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 8 (72.73%) Banking
3 7 (63.64%) Retail
3 7 (63.64%) Retail Banking
4 5 (45.45%) Scrum
4 5 (45.45%) Agile Software Development
5 3 (27.27%) Stakeholder Management
6 2 (18.18%) QA
6 2 (18.18%) User Acceptance Testing
6 2 (18.18%) Test Management
6 2 (18.18%) Defect Management
7 1 (9.09%) Anti-Money Laundering
7 1 (9.09%) Fintech
7 1 (9.09%) Business Process Modelling
7 1 (9.09%) Test Scripting
7 1 (9.09%) Time Management
7 1 (9.09%) Oracle General Ledger
7 1 (9.09%) Oracle Fusion
7 1 (9.09%) Cash Management
7 1 (9.09%) Test Planning
7 1 (9.09%) Analytical Skills
7 1 (9.09%) Migration
7 1 (9.09%) Change Management
7 1 (9.09%) Risk Management
7 1 (9.09%) Oracle
7 1 (9.09%) Oracle 11i
7 1 (9.09%) MS Excel
7 1 (9.09%) MS Visio
7 1 (9.09%) Data Modelling
7 1 (9.09%) ETL

Financial Institution
Top Related 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:

Applications
1 1 (9.09%) MS Excel
1 1 (9.09%) MS PowerPoint
1 1 (9.09%) MS Visio
Business Applications
1 1 (9.09%) Oracle 11i
1 1 (9.09%) Oracle General Ledger
Development Applications
1 1 (9.09%) JIRA
General
1 11 (100.00%) Finance
2 8 (72.73%) Banking
3 7 (63.64%) Retail
3 7 (63.64%) Retail Banking
4 1 (9.09%) General Ledger
Job Titles
1 5 (45.45%) Test Manager
2 4 (36.36%) Analyst
3 2 (18.18%) Business Analyst
3 2 (18.18%) Test Analyst
4 1 (9.09%) Agile Delivery Manager
4 1 (9.09%) Agile Test Manager
4 1 (9.09%) AML Business Analyst
4 1 (9.09%) Delivery Manager
4 1 (9.09%) Finance Manager
4 1 (9.09%) Lead Test Analyst
4 1 (9.09%) Oracle Analyst
4 1 (9.09%) Oracle Business Analyst
4 1 (9.09%) Programme Manager
4 1 (9.09%) Programme Test Manager
4 1 (9.09%) Senior Analyst
4 1 (9.09%) Senior Manager
4 1 (9.09%) Senior Test Analyst
4 1 (9.09%) Senior Test Manager
4 1 (9.09%) Test Leader
4 1 (9.09%) Test Programme Manager
Libraries, Frameworks & Software Standards
1 1 (9.09%) Oracle Fusion
Miscellaneous
1 1 (9.09%) Analytical Skills
1 1 (9.09%) Fintech
Processes & Methodologies
1 5 (45.45%) Agile Software Development
1 5 (45.45%) Scrum
2 3 (27.27%) Stakeholder Management
3 2 (18.18%) Defect Management
3 2 (18.18%) Test Management
3 2 (18.18%) User Acceptance Testing
4 1 (9.09%) Anti-Money Laundering
4 1 (9.09%) Business Analysis
4 1 (9.09%) Business Process Modelling
4 1 (9.09%) Cash Management
4 1 (9.09%) Change Management
4 1 (9.09%) Integration Testing
4 1 (9.09%) Migration
4 1 (9.09%) Requirements Management
4 1 (9.09%) Risk Management
4 1 (9.09%) Statistics
4 1 (9.09%) Test Planning
4 1 (9.09%) Test Scripting
4 1 (9.09%) Time Management
4 1 (9.09%) Wealth Management
Quality Assurance & Compliance
1 2 (18.18%) QA
Vendors
1 1 (9.09%) Oracle