The table below looks at the prevalence of the term Wholesale Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Wholesale Banking over the 3 months to 24 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
24 Mar 2017
Same period 2016 Same period 2015
Wholesale Banking
UK
Rank 573 628 607
Rank change year-on-year +55 -21  
Contract jobs citing Wholesale Banking 23 14 14
As % of all contract IT jobs advertised in the UK 0.051% 0.026% 0.027%
As % of the General category 0.13% 0.069% 0.068%
Number of daily rates quoted 16 7 13
Median daily rate £425 £575 £375
Median daily rate % change year-on-year -26.08% +53.33%  
UK excluding London median daily rate £525 - £409
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Wholesale Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

General Skills
UK
Contract job vacancies with a requirement for common skills 17225 20272 20640
As % of all contract IT job vacancies advertised in the UK 38.03% 38.25% 39.22%
Number of daily rates quoted 11246 13129 12650
Median daily rate £450 £450 £438
Median daily rate % change year-on-year - +2.85%  
90% offered a daily rate of more than £290 £279 £275
10% offered a daily rate of more than £635 £625 £618
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 459 507 483
Median hourly rate £26.13 £27.58 £22.00
Median hourly rate % change year-on-year -5.27% +25.36%  
90% offered a hourly rate of more than £11.50 £12.50 £11.00
10% offered a hourly rate of more than £50.00 £50.00 £45.00
UK excluding London median hourly rate £27.00 £32.50 £25.00
% change year-on-year -16.92% +30.00%  

Wholesale Banking
Job Vacancy Trend

The job posting trend of jobs advertised citing Wholesale Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Wholesale Banking in the UK

Wholesale Banking
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Wholesale Banking.

Contractor daily rate trend for Wholesale Banking in the UK

Wholesale Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Wholesale Banking over the 3 months to 24 March 2017.

Contractor daily rate histogram for Wholesale Banking in the UK

Wholesale Banking
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Wholesale Banking within the UK over the 3 months to 24 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
England +43 23 £425 -26.08% 2
London +40 21 £425 -26.08% 2
City of London +13 10 £425 -26.08% 2
Dorset - 2 £525 -
South West - 2 £525 -
Bromley - 1 £425 -
Bournemouth - 1 £525 -

Wholesale Banking
Top 30 Related IT Skills

For the 6 months to 24 March 2017, IT contractor jobs citing Wholesale Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Wholesale Banking.

1 29 (100.00%) Banking
2 14 (48.28%) Finance
3 9 (31.03%) QA
4 8 (27.59%) Test Scripting
4 8 (27.59%) FLEXCUBE
4 8 (27.59%) Loan IQ
5 7 (24.14%) Risk Management
6 6 (20.69%) Agile Software Development
6 6 (20.69%) Back Office
6 6 (20.69%) SQL
7 5 (17.24%) Foreign Exchange (FX)
7 5 (17.24%) Management Information System
7 5 (17.24%) Data Integration
7 5 (17.24%) Data Management
8 4 (13.79%) Credit Risk
8 4 (13.79%) Project Management
8 4 (13.79%) MS Visio
8 4 (13.79%) Data Modelling
8 4 (13.79%) MS Excel
8 4 (13.79%) SDLC
9 3 (10.34%) SEPA
9 3 (10.34%) Analytical Skills
9 3 (10.34%) Quantitative Finance
9 3 (10.34%) Remediation Plan
9 3 (10.34%) GDPR
9 3 (10.34%) IFRS
9 3 (10.34%) IFRS 9
9 3 (10.34%) SWIFT
9 3 (10.34%) WebSockets
9 3 (10.34%) Data Governance

Wholesale Banking
Top Related IT Skills 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 2 (6.90%) Apache Solr
2 1 (3.45%) Oracle SOA Suite
2 1 (3.45%) SAS
Applications
1 4 (13.79%) MS Excel
1 4 (13.79%) MS Visio
2 3 (10.34%) MS Project
3 1 (3.45%) MS Office
3 1 (3.45%) MS PowerPoint
Business Applications
1 8 (27.59%) FLEXCUBE
1 8 (27.59%) Loan IQ
Communications & Networking
1 1 (3.45%) Internet
Database & Business Intelligence
1 3 (10.34%) Hadoop
2 2 (6.90%) Apache Cassandra
2 2 (6.90%) Data Lake
2 2 (6.90%) Data Warehouse
2 2 (6.90%) OLAP
2 2 (6.90%) OLTP
2 2 (6.90%) Oracle OLAP
2 2 (6.90%) Pentaho
3 1 (3.45%) KDB
3 1 (3.45%) MS Access
3 1 (3.45%) SAS Visual Analytics
Development Applications
1 2 (6.90%) ERwin
1 2 (6.90%) MagicDraw
1 2 (6.90%) Protractor
2 1 (3.45%) Eclipse
2 1 (3.45%) HP UFT
2 1 (3.45%) JIRA
2 1 (3.45%) LoadRunner
2 1 (3.45%) Selenium
General
1 29 (100.00%) Banking
2 14 (48.28%) Finance
3 6 (20.69%) Back Office
4 3 (10.34%) Legal
4 3 (10.34%) Retail
4 3 (10.34%) Retail Banking
5 1 (3.45%) Corporate Banking
5 1 (3.45%) Front Office
5 1 (3.45%) Investment Banking
Job Titles
1 14 (48.28%) Analyst
2 12 (41.38%) Business Analyst
3 6 (20.69%) Architect
3 6 (20.69%) Banking Analyst
3 6 (20.69%) Banking Business Analyst
4 4 (13.79%) Consultant
4 4 (13.79%) Solutions Architect
5 3 (10.34%) IT Consultant
5 3 (10.34%) IT Risk Consultant
5 3 (10.34%) IT Security Consultant
5 3 (10.34%) Payments Architect
5 3 (10.34%) Payments Solutions Architect
5 3 (10.34%) Risk Consultant
5 3 (10.34%) Security Consultant
6 2 (6.90%) Automation Test Analyst
6 2 (6.90%) Business Systems Analyst
6 2 (6.90%) Information Architect
6 2 (6.90%) Senior Analyst
6 2 (6.90%) Senior Business Analyst
6 2 (6.90%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (10.34%) AngularJS
1 3 (10.34%) Middleware
1 3 (10.34%) WebSockets
2 2 (6.90%) HTML
2 2 (6.90%) HTML5
2 2 (6.90%) Lucene
3 1 (3.45%) JSON
3 1 (3.45%) XML
3 1 (3.45%) XML Schema
Miscellaneous
1 5 (17.24%) Foreign Exchange (FX)
1 5 (17.24%) Management Information System
2 4 (13.79%) Credit Risk
3 3 (10.34%) Analytical Skills
3 3 (10.34%) Derivative
3 3 (10.34%) Fixed Income
3 3 (10.34%) SWIFT
4 2 (6.90%) Data Structures
4 2 (6.90%) Market Risk
4 2 (6.90%) Reference Data
4 2 (6.90%) Taxonomies
Operating Systems
1 3 (10.34%) Unix
2 2 (6.90%) pSOS
Processes & Methodologies
1 8 (27.59%) Test Scripting
2 7 (24.14%) Risk Management
3 6 (20.69%) Agile Software Development
4 5 (17.24%) Data Integration
4 5 (17.24%) Data Management
5 4 (13.79%) Data Modelling
5 4 (13.79%) Project Management
5 4 (13.79%) SDLC
6 3 (10.34%) Analytics
6 3 (10.34%) BPR
6 3 (10.34%) Business Process Modelling
6 3 (10.34%) Cybersecurity
6 3 (10.34%) Data Governance
6 3 (10.34%) GAP Analysis
6 3 (10.34%) Information Security Management
6 3 (10.34%) Quantitative Finance
6 3 (10.34%) Remediation Plan
6 3 (10.34%) Security Operations
6 3 (10.34%) Stakeholder Engagement
6 3 (10.34%) Waterfall
Programming Languages
1 6 (20.69%) SQL
2 3 (10.34%) Java
2 3 (10.34%) JavaScript
3 2 (6.90%) C++
3 2 (6.90%) SPARQL
4 1 (3.45%) C#
4 1 (3.45%) COBOL
4 1 (3.45%) Python
4 1 (3.45%) VBScript
Qualifications
1 1 (3.45%) Degree
1 1 (3.45%) ISTQB
Quality Assurance & Compliance
1 9 (31.03%) QA
2 3 (10.34%) GDPR
2 3 (10.34%) IFRS
2 3 (10.34%) IFRS 9
2 3 (10.34%) MiFID
2 3 (10.34%) PCI DSS
2 3 (10.34%) Sarbanes-Oxley
2 3 (10.34%) SEPA
3 2 (6.90%) Basel III
3 2 (6.90%) Data Quality
3 2 (6.90%) Solvency II
Systems Management
1 1 (3.45%) HP Quality Center
Vendors
1 2 (6.90%) Informatica
1 2 (6.90%) Oracle