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 average contractor rates offered in IT contracts that have cited Back Office over the 3 months to 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Back Office
Rank 17 21 27
Rank change year-on-year
+4 +6
Contract jobs citing Back Office 4 1 4
As % of all contract IT jobs located in Canary Wharf 3.25% 0.99% 2.20%
As % of the General category 4.30% 1.47% 2.96%
Number of daily rates quoted 4 1 1
Average daily rate £701 £525 £600
Average daily rate % change year-on-year
+33.42% -12.50%
UK excluding London average daily rate £340 £400 £315
% change year-on-year
-15.00% +26.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £27.50 £10.25 £27.75
% change year-on-year
+168.29% -63.06%
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
93 68 135
As % of all contract IT jobs located in Canary Wharf 75.61% 67.33% 74.18%
Number of daily rates quoted 75 56 93
Average daily rate £500 £450 £525
Average daily rate % change year-on-year
+11.11% -14.28%
90% offered a daily rate of more than £275 £298 £376
10% offered a daily rate of more than £700 £593 £700
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 0 5
Average hourly rate - - £28.00
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Back Office
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Back Office across the Canary Wharf region as a proportion of the total demand within 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
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Back Office across the Canary Wharf region over the 3 months to 12 February 2016.

Back Office Daily Rate Histogram 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 29 Related IT Skills in Canary Wharf

For the 6 months to 12 February 2016, IT contractor jobs across the Canary Wharf region citing Back Office also 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 that cited Back Office.

1 5 (83.33%) SQL
1 5 (83.33%) Banking
2 4 (66.67%) Front Office
2 4 (66.67%) Investment Banking
3 3 (50.00%) Equities
3 3 (50.00%) Java
3 3 (50.00%) Fidessa
3 3 (50.00%) Tcl
3 3 (50.00%) Shell Script
3 3 (50.00%) Software Engineering
3 3 (50.00%) FIX Protocol
4 2 (33.33%) Finance
5 1 (16.67%) ION Trading
5 1 (16.67%) SQL Server Reporting Services
5 1 (16.67%) User Acceptance Testing
5 1 (16.67%) Test Management
5 1 (16.67%) SQL Server Analysis Services
5 1 (16.67%) System Testing
5 1 (16.67%) SQL Server Integration Services
5 1 (16.67%) Project Planning
5 1 (16.67%) Project Management
5 1 (16.67%) VB
5 1 (16.67%) .NET
5 1 (16.67%) SQL Server
5 1 (16.67%) MS Excel
5 1 (16.67%) C#
5 1 (16.67%) Perl
5 1 (16.67%) Portfolio Management
5 1 (16.67%) General Ledger

Back Office
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 12 February 2016, IT contractor jobs across the Canary Wharf region citing Back Office also 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 that cited Back Office. Up to 20 skills are shown per category.

Applications
1 1 (16.67%) MS Excel
Database & Business Intelligence
1 1 (16.67%) SQL Server
1 1 (16.67%) SQL Server Analysis Services
1 1 (16.67%) SQL Server Integration Services
1 1 (16.67%) SQL Server Reporting Services
General
1 5 (83.33%) Banking
2 4 (66.67%) Front Office
2 4 (66.67%) Investment Banking
3 2 (33.33%) Finance
4 1 (16.67%) General Ledger
Job Titles
1 4 (66.67%) Developer
1 4 (66.67%) SQL Developer
2 3 (50.00%) Fidessa Developer
2 3 (50.00%) Senior Developer
2 3 (50.00%) Senior Fidessa Developer
2 3 (50.00%) Senior SQL Developer
3 1 (16.67%) Consultant
3 1 (16.67%) Perl Developer
3 1 (16.67%) Senior Manager
3 1 (16.67%) Senior Test Manager
3 1 (16.67%) Test Manager
Libraries, Frameworks & Software Standards
1 3 (50.00%) FIX Protocol
2 1 (16.67%) .NET
Miscellaneous
1 3 (50.00%) Equities
Processes & Methodologies
1 3 (50.00%) Software Engineering
2 1 (16.67%) Portfolio Management
2 1 (16.67%) Project Management
2 1 (16.67%) Project Planning
2 1 (16.67%) System Testing
2 1 (16.67%) Test Management
2 1 (16.67%) User Acceptance Testing
Programming Languages
1 5 (83.33%) SQL
2 3 (50.00%) Java
2 3 (50.00%) Shell Script
2 3 (50.00%) Tcl
3 1 (16.67%) C#
3 1 (16.67%) Perl
3 1 (16.67%) VB
Vendors
1 3 (50.00%) Fidessa
2 1 (16.67%) ION Trading