The table below looks at the statistics for the Applications Support role in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Applications Support in their job title over the 3 months to 24 April 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Application Support
Rank 27 22 45
Rank change year-on-year
-5 +23
Contract jobs requiring an Applications Support 1 1 1
As % of all contract IT jobs located in Canary Wharf 0.77% 0.70% 0.27%
As % of the Job Titles category 0.85% 0.75% 0.29%
Number of daily rates quoted 1 1 1
Average daily rate
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£450 £363 £450
Average daily rate % change year-on-year
+24.13% -19.44%
UK excluding London average daily rate £288 £275 £325
% change year-on-year
+4.54% -15.38%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.75 £26.00 £15.87
% change year-on-year
-24.03% +63.83%
Applications Support
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the Canary Wharf region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
Canary Wharf
Contract IT job ads with a match in the
Job Titles category
117 134 342
As % of all contract IT jobs located in Canary Wharf 90.00% 93.71% 92.93%
Number of daily rates quoted 77 96 268
Average daily rate £500 £500 £550
Average daily rate % change year-on-year
- -9.09%
90% offered a daily rate of more than £425 £215 £275
10% offered a daily rate of more than £600 £700 £660
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 0 5 2
Average hourly rate - £23.00 £42.50
Average hourly rate % change year-on-year
- -45.88%
UK excluding London average hourly rate £16.50 £17.50 £17.50
% change year-on-year
-5.71% -

Applications Support
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Applications Support in the job title across the Canary Wharf region as a proportion of the total demand within the Job Titles category.

Applications Support Jobs Demand Trend in Canary Wharf

Applications Support
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Applications Support across the Canary Wharf region.

Applications Support Daily Rate Trend in Canary Wharf

Applications Support
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 24 April 2015, IT contractor jobs across the Canary Wharf region that cited Applications Support in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Applications Support in their job title.

1 3 (100.00%) Risk Management
1 3 (100.00%) Finance
2 2 (66.67%) Migration
2 2 (66.67%) QA
2 2 (66.67%) User Acceptance Testing
2 2 (66.67%) Java
2 2 (66.67%) SQL
2 2 (66.67%) VBA
2 2 (66.67%) .NET
2 2 (66.67%) MS Office
2 2 (66.67%) ITIL
2 2 (66.67%) MS Excel
2 2 (66.67%) ITIL Certification
2 2 (66.67%) ETRM
2 2 (66.67%) Trayport
2 2 (66.67%) HP Quality Center
2 2 (66.67%) Change Control
3 1 (33.33%) Root Cause Analysis
3 1 (33.33%) Low Latency
3 1 (33.33%) Business Process Improvement
3 1 (33.33%) Configuration Management
3 1 (33.33%) Change Management
3 1 (33.33%) Front Office
3 1 (33.33%) UNIX
3 1 (33.33%) VBScript
3 1 (33.33%) JavaScript
3 1 (33.33%) Perl
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Investment Management
3 1 (33.33%) Performance Management

Applications Support
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 24 April 2015, IT contractor jobs across the Canary Wharf region that cited Applications Support in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Applications Support in their job title. Up to 20 skills are shown per category.

Applications
1 2 (66.67%) MS Office
1 2 (66.67%) MS Excel
General
1 3 (100.00%) Finance
2 1 (33.33%) Front Office
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Retail Banking
2 1 (33.33%) Corporate Banking
Libraries, Frameworks & Software Standards
1 2 (66.67%) .NET
Miscellaneous
1 1 (33.33%) Equities
1 1 (33.33%) Derivative
1 1 (33.33%) Equity Derivative
Operating Systems
1 1 (33.33%) UNIX
Processes & Methodologies
1 3 (100.00%) Risk Management
2 2 (66.67%) Migration
2 2 (66.67%) User Acceptance Testing
2 2 (66.67%) ITIL
2 2 (66.67%) ETRM
2 2 (66.67%) Change Control
3 1 (33.33%) Root Cause Analysis
3 1 (33.33%) Low Latency
3 1 (33.33%) Business Process Improvement
3 1 (33.33%) Configuration Management
3 1 (33.33%) Change Management
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Investment Management
3 1 (33.33%) Performance Management
3 1 (33.33%) Problem Management
3 1 (33.33%) Algorithmic Trading
3 1 (33.33%) Release Management
Programming Languages
1 2 (66.67%) Java
1 2 (66.67%) SQL
1 2 (66.67%) VBA
2 1 (33.33%) VBScript
2 1 (33.33%) JavaScript
2 1 (33.33%) Perl
Qualifications
1 2 (66.67%) ITIL Certification
Quality Assurance & Compliance
1 2 (66.67%) QA
Systems Management
1 2 (66.67%) HP Quality Center
Vendors
1 2 (66.67%) Trayport