Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the prevalence of the term Banking 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 Banking over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category for the Canary Wharf region.

 Banking
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank122
Rank change year-on-year
Up+1No change0
Matching contract IT job ads24666146
As % of all contract IT jobs located in Canary Wharf43.01 %33.85 %34.11 %
As % of the General category60.59 %44.59 %44.65 %
Daily rates quoted1112164
Average daily rate£525£500£500
Average daily rate % change year-on-year
+5.000 %-
90% of contracts offered a daily rate of more than£450£275£383
10% of contracts offered a daily rate of more than£650£620£600
UK excluding London average daily rate£375£400£400
% change year-on-year
-6.250 %-
Hourly rates quoted103
Average hourly rate£15.00-£24.00
UK excluding London average hourly rate£20.00£16.44£16.50
% change year-on-year
+21.67 %-0.370 %
Canary Wharf IT Contractor Job Market, General CategoryAll General Category
Canary Wharf
Contract IT job ads with a match in the
General category
406148327
As % of all contract IT jobs located in Canary Wharf70.98 %75.90 %76.40 %
Daily rates quoted19753145
Average daily rate£525£500£500
Average daily rate % change year-on-year
+5.000 %-
90% of contracts offered a daily rate of more than£425£250£361
10% of contracts offered a daily rate of more than£650£638£625
UK excluding London average daily rate£350£375£400
% change year-on-year
-6.660 %-6.250 %
Hourly rates quoted217
Average hourly rate£15.00£20.00£42.50
Average hourly rate % change year-on-year
-25.00 %-52.94 %
UK excluding London average hourly rate£24.00£26.75£27.00
% change year-on-year
-10.28 %-0.920 %
Banking LondonBanking
London

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.

Banking
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Banking across the Canary Wharf region as a proportion of the total demand within the General category.

Canary Wharf Banking Demand Trend

Banking
Daily Rate Trend

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

Canary Wharf Banking Daily Rate Trend

Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Canary Wharf region over the 3 months to 19 March 2010.

Canary Wharf Banking Daily Rate Histogram

Banking
Hourly Rate Trend

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

Canary Wharf Banking Hourly Rate Trend

Banking
Top 30 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs across the Canary Wharf region citing Banking 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 Banking.

1347 (82.42 %)Investment Banking
2114 (27.08 %)Finance
3100 (23.75 %)Front Office
497 (23.04 %)SQL
596 (22.80 %)Java
692 (21.85 %)Derivative
778 (18.53 %)Oracle
861 (14.49 %)C#
959 (14.01 %)UNIX
1054 (12.83 %)Business Analysis
1151 (12.11 %)Equities
1151 (12.11 %)Project Management
1248 (11.40 %)Sybase
1347 (11.16 %)J2EE
1446 (10.93 %)Risk Management
1541 (9.739 %)Degree
1639 (9.264 %).NET
1639 (9.264 %)SQL Server
1639 (9.264 %)Foreign Exchange (FX)
1738 (9.026 %)Linux
1837 (8.789 %)QA
1936 (8.551 %)User Acceptance Testing
1936 (8.551 %)C++
1936 (8.551 %)Fixed Income
2033 (7.838 %)Back Office
2033 (7.838 %)TIBCO
2132 (7.601 %)Equity Derivative
2132 (7.601 %)Spring
2229 (6.888 %)Migration
2327 (6.413 %)VBA

Banking
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs across the Canary Wharf region citing Banking 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 Banking. Up to 20 skills are shown per category.

Canary Wharf IT Contractor Job Market, Application Development CategoryApplication Development
147 (11.16 %)J2EE
239 (9.264 %).NET
332 (7.601 %)Spring
427 (6.413 %)XML
520 (4.751 %)FIX Protocol
618 (4.276 %)Web Services
717 (4.038 %)JMS
814 (3.325 %)Spring MVC
814 (3.325 %)WPF
912 (2.850 %)JDBC
912 (2.850 %)Hibernate
109 (2.138 %)ASP.NET
117 (1.663 %)WinForms
126 (1.425 %)Middleware
135 (1.188 %)XML Messaging
135 (1.188 %).NET Framework
144 (0.950 %)MDX
144 (0.950 %)Swing
153 (0.713 %)HTML
153 (0.713 %)XSLT
Canary Wharf IT Contractor Job Market, Application Platforms CategoryApplication Platforms
117 (4.038 %)SharePoint
214 (3.325 %)Rendezvous
39 (2.138 %)WebLogic
48 (1.900 %)TIBCO EMS
53 (0.713 %)SharePoint Server 2007
62 (0.475 %)Tomcat
71 (0.238 %)SAS
71 (0.238 %)Documentum
71 (0.238 %)IIS
71 (0.238 %)WebSphere Application Server
71 (0.238 %)ESB
Canary Wharf IT Contractor Job Market, Applications CategoryApplications
122 (5.226 %)MS Excel
218 (4.276 %)Spreadsheet
313 (3.088 %)CA Clarity
48 (1.900 %)MS Project
57 (1.663 %)MS Visio
65 (1.188 %)MS Office
65 (1.188 %)MS PowerPoint
73 (0.713 %)InfoPath
Canary Wharf IT Contractor Job Market, Business Applications CategoryBusiness Applications
110 (2.375 %)RMDS
28 (1.900 %)Summit
37 (1.663 %)Global One
43 (0.713 %)ADP Wilco Gloss
43 (0.713 %)Remedy ITSM
43 (0.713 %)SAP HCM
52 (0.475 %)Algo Collateral
61 (0.238 %)Endur
61 (0.238 %)PeopleSoft HRMS
61 (0.238 %)GL Clearvision
61 (0.238 %)Temenos T24
61 (0.238 %)Temenos Globus
61 (0.238 %)HFM
Canary Wharf IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
110 (2.375 %)TCP/IP
24 (0.950 %)SAN
32 (0.475 %)VPN
32 (0.475 %)SSL
32 (0.475 %)Firewall
41 (0.238 %)Internet
41 (0.238 %)LAN
41 (0.238 %)WAN
41 (0.238 %)LDAP
41 (0.238 %)NAS
Canary Wharf IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
139 (9.264 %)SQL Server
217 (4.038 %)SQL Server 2005
311 (2.613 %)SQL Server Integration Services
49 (2.138 %)SQL Server 2000
49 (2.138 %)Datawarehouse
49 (2.138 %)Sybase ASE
58 (1.900 %)SQL Server 2008
58 (1.900 %)BusinessObjects
58 (1.900 %)ETL
58 (1.900 %)Sybase IQ
66 (1.425 %)DB2
66 (1.425 %)OLAP
75 (1.188 %)MS Access
75 (1.188 %)SQL Server Analysis Services
75 (1.188 %)Reference Data
75 (1.188 %)Microsoft Analysis Services
75 (1.188 %)SQL Server Reporting Services
84 (0.950 %)QlikView
93 (0.713 %)Oracle 10g
93 (0.713 %)Star Schema
Canary Wharf IT Contractor Job Market, Development Applications CategoryDevelopment Applications
113 (3.088 %)JUnit
212 (2.850 %)jMock
311 (2.613 %)ClearCase
311 (2.613 %)Maven
45 (1.188 %)Visual Studio
54 (0.950 %)Subversion
63 (0.713 %)Eclipse
72 (0.475 %)NUnit
72 (0.475 %)PowerDesigner
72 (0.475 %)TestDirector
72 (0.475 %)QuickTest Pro
81 (0.238 %)LoadRunner
81 (0.238 %)PeopleTools
81 (0.238 %)WinRunner
81 (0.238 %)Ant
81 (0.238 %)FlexUnit
81 (0.238 %)Team Foundation Server
81 (0.238 %)TestPartner
81 (0.238 %)JIRA
Canary Wharf IT Contractor Job Market, General CategoryGeneral
1347 (82.42 %)Investment Banking
2114 (27.08 %)Finance
3100 (23.75 %)Front Office
433 (7.838 %)Back Office
511 (2.613 %)Retail
69 (2.138 %)Financial Institution
77 (1.663 %)Retail Banking
84 (0.950 %)Education
93 (0.713 %)Legal
93 (0.713 %)Publishing
93 (0.713 %)Corporate Banking
93 (0.713 %)General Ledger
102 (0.475 %)Private Banking
111 (0.238 %)Health
111 (0.238 %)Construction
111 (0.238 %)Games
111 (0.238 %)Billing
Canary Wharf IT Contractor Job Market, Job Titles CategoryJob Titles
1159 (37.77 %)Developer
2136 (32.30 %)Analyst
390 (21.38 %)Business Analyst
459 (14.01 %)Java Developer
539 (9.264 %)Project Manager
627 (6.413 %)C# Developer
725 (5.938 %)Senior Developer
822 (5.226 %)Banking Business Analyst
822 (5.226 %)Senior Java Developer
919 (4.513 %)J2EE Developer
1018 (4.276 %)Investment Banking Business Analyst
1113 (3.088 %)Excel Developer
1113 (3.088 %)Credit Risk Analyst
1113 (3.088 %)Credit Risk Business Analyst
1212 (2.850 %)Senior Analyst
1311 (2.613 %)Support Analyst
1311 (2.613 %)Systems Analyst
1410 (2.375 %)Java/J2EE Developer
159 (2.138 %)SQL Developer
159 (2.138 %)Senior Business Analyst
Canary Wharf IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
192 (21.85 %)Derivative
251 (12.11 %)Equities
339 (9.264 %)Foreign Exchange (FX)
436 (8.551 %)Fixed Income
532 (7.601 %)Equity Derivative
624 (5.701 %)Credit Risk
718 (4.276 %)Credit Derivative
815 (3.563 %)Market Risk
912 (2.850 %)Interest Rate Derivative
1010 (2.375 %)Management Information System
1010 (2.375 %)Replication
119 (2.138 %)Multithreading
127 (1.663 %)Mainframe
135 (1.188 %)PMI
144 (0.950 %)Computer Science
153 (0.713 %)N-Tier
162 (0.475 %)Web 2.0
162 (0.475 %)Contract for Difference
162 (0.475 %)Client/Server
162 (0.475 %)Clustering
Canary Wharf IT Contractor Job Market, Operating Systems CategoryOperating Systems
159 (14.01 %)UNIX
238 (9.026 %)Linux
318 (4.276 %)Windows
47 (1.663 %)Solaris
56 (1.425 %)Windows Server 2003
62 (0.475 %)Windows Server 2008
62 (0.475 %)Red Hat Linux
62 (0.475 %)Windows 2000
62 (0.475 %)Windows XP
71 (0.238 %)SUSE
71 (0.238 %)AIX
71 (0.238 %)i5/OS
Canary Wharf IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
154 (12.83 %)Business Analysis
251 (12.11 %)Project Management
346 (10.93 %)Risk Management
436 (8.551 %)User Acceptance Testing
529 (6.888 %)Migration
624 (5.701 %)UML
723 (5.463 %)Data Modelling
818 (4.276 %)Unit Testing
915 (3.563 %)OO
1014 (3.325 %)Continuous Integration
1014 (3.325 %)PRINCE2
1014 (3.325 %)MVC
1113 (3.088 %)Business Intelligence
1212 (2.850 %)Data Analysis
1311 (2.613 %)Workflow
1311 (2.613 %)Data Migration
1410 (2.375 %)Electronic Trading
1410 (2.375 %)Release Management
1410 (2.375 %)Cash Management
1410 (2.375 %)OOD
Canary Wharf IT Contractor Job Market, Programming Languages CategoryProgramming Languages
197 (23.04 %)SQL
296 (22.80 %)Java
361 (14.49 %)C#
436 (8.551 %)C++
527 (6.413 %)VBA
614 (3.325 %)PL/SQL
711 (2.613 %)Perl
88 (1.900 %)T-SQL
88 (1.900 %)Shell Script
95 (1.188 %)JavaScript
104 (0.950 %)VB
113 (0.713 %)VB6
122 (0.475 %)Korn
122 (0.475 %)C
122 (0.475 %)ABAP
122 (0.475 %)VBScript
122 (0.475 %)RPG
131 (0.238 %)Tcl
131 (0.238 %)ActionScript
131 (0.238 %)COBOL
Canary Wharf IT Contractor Job Market, Qualifications CategoryQualifications
141 (9.739 %)Degree
29 (2.138 %)PMI Certification
35 (1.188 %)PRINCE2 Certification
44 (0.950 %)PMP
44 (0.950 %)ISEB
53 (0.713 %)Security Cleared
62 (0.475 %)ISEB Practitioner
71 (0.238 %)ACCA
71 (0.238 %)CIMA
Canary Wharf IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
137 (8.789 %)QA
214 (3.325 %)Sarbanes-Oxley
36 (1.425 %)Basel II
43 (0.713 %)SLA
52 (0.475 %)MiFID
61 (0.238 %)GAAP
Canary Wharf IT Contractor Job Market, System Software CategorySystem Software
14 (0.950 %)Active Directory
22 (0.475 %)Oracle RAC
31 (0.238 %)Samba
31 (0.238 %)NFS
31 (0.238 %)Veritas Volume Manager
Canary Wharf IT Contractor Job Market, Systems Management CategorySystems Management
13 (0.713 %)Tivoli
13 (0.713 %)Tivoli Identity Manager
13 (0.713 %)BMC PATROL
21 (0.238 %)CONTROL-M
Canary Wharf IT Contractor Job Market, Vendors CategoryVendors
178 (18.53 %)Oracle
248 (11.40 %)Sybase
333 (7.838 %)TIBCO
411 (2.613 %)Reuters
58 (1.900 %)Business Objects
67 (1.663 %)Infragistics
67 (1.663 %)Microsoft
76 (1.425 %)SAP
85 (1.188 %)Cognos
85 (1.188 %)IBM
85 (1.188 %)Wall Street Systems
93 (0.713 %)Remedy
93 (0.713 %)BMC
93 (0.713 %)Veritas
93 (0.713 %)Sun
93 (0.713 %)HP
93 (0.713 %)EMC
102 (0.475 %)GoldenSource
102 (0.475 %)Cisco
102 (0.475 %)Murex