The table below looks at the prevalence of the term Back Office in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Back Office over the 3 months to 23 July 2016 with a comparison to the same period over 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.

3 months to
23 Jul 2016
Same period 2015 Same period 2014
Back Office
Rank 26 28 22
Rank change year-on-year
+2 -6
Contract jobs citing Back Office 1 3 1
As % of all contract IT jobs located in Canary Wharf 0.72% 1.62% 0.92%
As % of the General category 1.05% 2.26% 1.18%
Number of daily rates quoted 1 3 1
Median daily rate £488 £422 £575
Median daily rate % change year-on-year
+15.41% -26.53%
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.50 £15.00 £19.75
% change year-on-year
+16.66% -24.05%
Back Office
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Canary Wharf region.

General Category
Canary Wharf
Contract IT job ads with a match in the
General category
95 133 85
As % of all contract IT jobs located in Canary Wharf 68.84% 71.89% 77.98%
Number of daily rates quoted 70 93 35
Median daily rate £400 £475 £450
Median daily rate % change year-on-year
-15.78% +5.55%
90% offered a daily rate of more than £325 £300 £288
10% offered a daily rate of more than £525 £550 £625
UK excluding London median daily rate £400 £395 £380
% change year-on-year
+1.26% +3.94%
Number of hourly rates quoted 1 3 7
Median hourly rate £12.00 £12.50 £18.00
Median hourly rate % change year-on-year
-4.00% -30.55%
UK excluding London median hourly rate £22.50 £22.50 £22.50

Back Office
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Back Office as a proportion of all IT contracts with a match in the General category.

Back Office Jobs Demand Trend in Canary Wharf

Back Office
Daily Rate Trend in Canary Wharf

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

Back Office Daily Rate Trend in Canary Wharf

Back Office
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Back Office across the Canary Wharf region.

Back Office Hourly Rate Trend in Canary Wharf

Back Office
Top 15 Related IT Skills in Canary Wharf

For the 6 months to 23 July 2016, IT contractor jobs citing Back Office 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 Canary Wharf region with a requirement for Back Office.

1 4 (100.00%) Banking
2 3 (75.00%) Investment Banking
2 3 (75.00%) Software Engineering
2 3 (75.00%) Front Office
2 3 (75.00%) Equities
2 3 (75.00%) Fidessa
2 3 (75.00%) Tcl
2 3 (75.00%) Shell Script
2 3 (75.00%) Java
2 3 (75.00%) SQL
2 3 (75.00%) FIX Protocol
3 1 (25.00%) OTC Derivatives
3 1 (25.00%) Calypso
3 1 (25.00%) Workflow
3 1 (25.00%) Derivative

Back Office
Top Related IT Skills in Canary Wharf 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:

General
1 4 (100.00%) Banking
2 3 (75.00%) Front Office
2 3 (75.00%) Investment Banking
Job Titles
1 3 (75.00%) Developer
1 3 (75.00%) Fidessa Developer
1 3 (75.00%) Senior Developer
1 3 (75.00%) Senior Fidessa Developer
1 3 (75.00%) Senior SQL Developer
1 3 (75.00%) SQL Developer
2 1 (25.00%) Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Calypso Business Analyst
Libraries, Frameworks & Software Standards
1 3 (75.00%) FIX Protocol
Miscellaneous
1 3 (75.00%) Equities
2 1 (25.00%) Derivative
2 1 (25.00%) OTC Derivatives
Processes & Methodologies
1 3 (75.00%) Software Engineering
2 1 (25.00%) Workflow
Programming Languages
1 3 (75.00%) Java
1 3 (75.00%) Shell Script
1 3 (75.00%) SQL
1 3 (75.00%) Tcl
Vendors
1 3 (75.00%) Fidessa
2 1 (25.00%) Calypso