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 February 2017 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 Feb 2017
Same period 2016 Same period 2015
Back Office
London / Canary Wharf
Rank - 22 21
Contract jobs citing Back Office 0 4 1
As % of all contract IT jobs located in Canary Wharf - 3.28% 1.02%
As % of the General category - 4.40% 1.47%
Number of daily rates quoted 0 4 0
Median daily rate - £701 -
UK excluding London median daily rate £380 £325 £395
% change year-on-year
+16.92% -17.72%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £22.50 £27.50 £10.50
% change year-on-year
-18.18% +161.90%

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 91 68
As % of all contract IT jobs located in Canary Wharf 76.00% 74.59% 69.39%
Number of daily rates quoted 62 71 54
Median daily rate £550 £500 £450
Median daily rate % change year-on-year
+10.00% +11.11%
90% offered a daily rate of more than £290 £275 £320
10% offered a daily rate of more than £650 £700 £600
UK excluding London median daily rate £413 £400 £400
% change year-on-year
+3.12% -
Number of hourly rates quoted 1 2 0
Median hourly rate £47.50 £29.00 -
Median hourly rate % change year-on-year
+63.79% -
UK excluding London median hourly rate £27.00 £32.50 £22.69
% change year-on-year
-16.92% +43.23%

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 13 Related IT Skills in Canary Wharf

For the 6 months to 23 February 2017, 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 2 (100.00%) Equities
1 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
1 2 (100.00%) Foreign Exchange (FX)
2 1 (50.00%) Project Management
2 1 (50.00%) Front Office
2 1 (50.00%) Finance
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Fixed Income
2 1 (50.00%) Business Analysis
2 1 (50.00%) MiFID
2 1 (50.00%) Matrix Management
2 1 (50.00%) Issue Tracking

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 2 (100.00%) Banking
1 2 (100.00%) Investment Banking
2 1 (50.00%) Finance
2 1 (50.00%) Front Office
Job Titles
1 2 (100.00%) Project Manager
2 1 (50.00%) Investment Banking Project Manager
2 1 (50.00%) MiFID Project Manager
Miscellaneous
1 2 (100.00%) Equities
1 2 (100.00%) Foreign Exchange (FX)
2 1 (50.00%) Fixed Income
Processes & Methodologies
1 1 (50.00%) Business Analysis
1 1 (50.00%) Issue Tracking
1 1 (50.00%) Matrix Management
1 1 (50.00%) Project Management
1 1 (50.00%) Stakeholder Management
Quality Assurance & Compliance
1 1 (50.00%) MiFID