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 3 September 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
3 Sep 2015
Same period 2014 Same period 2013
Banking
Rank 4 9 4
Rank change year-on-year
+5 -5
Contract jobs citing Banking 40 14 52
As % of all contract IT jobs located in Canary Wharf 21.62% 11.97% 24.64%
As % of the General category 30.08% 16.09% 35.62%
Number of daily rates quoted 28 9 37
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £575
Average daily rate % change year-on-year
+5.00% -13.04%
90% offered a daily rate of more than £374 £360 £400
10% offered a daily rate of more than £611 £605 £650
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £19.00
% change year-on-year
-26.08% -9.21%
Banking
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
133 87 146
As % of all contract IT jobs located in Canary Wharf 71.89% 74.36% 69.19%
Number of daily rates quoted 93 39 111
Average daily rate £500 £450 £561
Average daily rate % change year-on-year
+11.11% -19.78%
90% offered a daily rate of more than £300 £300 £310
10% offered a daily rate of more than £600 £600 £700
UK excluding London average daily rate £400 £390 £382
% change year-on-year
+2.56% +2.02%
Number of hourly rates quoted 4 6 2
Average hourly rate £27.00 £18.00 £22.50
Average hourly rate % change year-on-year
+50.00% -20.00%
UK excluding London average hourly rate £27.50 £24.00 £22.50
% change year-on-year
+14.58% +6.66%

Banking
Jobs Demand Trend in Canary Wharf

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

Banking Jobs Demand Trend in Canary Wharf

Banking
Daily Rate Trend in Canary Wharf

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

Banking Daily Rate Trend in Canary Wharf

Banking
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Canary Wharf region over the 3 months to 3 September 2015.

Banking Daily Rate Histogram in Canary Wharf

Banking
Hourly Rate Trend in Canary Wharf

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

Banking Hourly Rate Trend in Canary Wharf

Banking
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 3 September 2015, 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.

1 44 (55.00%) Finance
2 40 (50.00%) Investment Banking
3 26 (32.50%) Agile Software Development
4 21 (26.25%) Java
5 20 (25.00%) SQL
6 17 (21.25%) Front Office
7 16 (20.00%) SDLC
8 15 (18.75%) UNIX
9 13 (16.25%) Analytical Skills
10 12 (15.00%) Degree
11 11 (13.75%) Linux
11 11 (13.75%) Oracle
12 10 (12.50%) Migration
12 10 (12.50%) SQL Server
12 10 (12.50%) TDD
13 9 (11.25%) QA
13 9 (11.25%) Derivative
13 9 (11.25%) Perl
13 9 (11.25%) C#
14 8 (10.00%) .NET
14 8 (10.00%) CSS
14 8 (10.00%) Stakeholder Management
14 8 (10.00%) Risk Management
14 8 (10.00%) Shell Script
14 8 (10.00%) Retail
14 8 (10.00%) Analytics
15 7 (8.75%) Big Data
15 7 (8.75%) Multithreading
15 7 (8.75%) Hadoop
15 7 (8.75%) HTML

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 3 September 2015, 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.

Application Platforms
1 3 (3.75%) Apache Spark
2 2 (2.50%) Tomcat
2 2 (2.50%) WebSphere
3 1 (1.25%) Oracle Coherence
3 1 (1.25%) Confluence
3 1 (1.25%) OpenStack
3 1 (1.25%) SharePoint
3 1 (1.25%) CICS
3 1 (1.25%) WebSphere Application Server
Applications
1 4 (5.00%) MS PowerPoint
2 3 (3.75%) MS Excel
3 2 (2.50%) MS Visio
3 2 (2.50%) Photoshop
3 2 (2.50%) MS Office
4 1 (1.25%) Adobe Creative Suite
4 1 (1.25%) MS Project
Business Applications
1 3 (3.75%) Global One
2 2 (2.50%) WebTrends
3 1 (1.25%) Summit
Cloud Services
1 2 (2.50%) Adobe Analytics
2 1 (1.25%) IBM Blueworks
2 1 (1.25%) Cloud Computing
2 1 (1.25%) Amazon AWS
Communications & Networking
1 3 (3.75%) FTP
2 1 (1.25%) TCP/IP
2 1 (1.25%) Firewall
2 1 (1.25%) Multicast
Database & Business Intelligence
1 10 (12.50%) SQL Server
2 7 (8.75%) Hadoop
2 7 (8.75%) Big Data
3 6 (7.50%) Oracle Database
4 4 (5.00%) Relational Database
5 3 (3.75%) UniData
6 2 (2.50%) BusinessObjects
6 2 (2.50%) SQL Server Integration Services
6 2 (2.50%) SQL Server 2008
7 1 (1.25%) MySQL
7 1 (1.25%) Impala
7 1 (1.25%) Spotfire
7 1 (1.25%) QlikView
7 1 (1.25%) Oracle Database 11g
7 1 (1.25%) SQL Server Analysis Services
7 1 (1.25%) Apache Hive
7 1 (1.25%) NoSQL
7 1 (1.25%) HBase
7 1 (1.25%) SQLPlus
7 1 (1.25%) SQL Server Reporting Services
Development Applications
1 5 (6.25%) JIRA
1 5 (6.25%) Selenium
1 5 (6.25%) Cucumber
2 3 (3.75%) Maven
3 2 (2.50%) Mockito
3 2 (2.50%) jMock
3 2 (2.50%) TeamCity
3 2 (2.50%) Git (software)
3 2 (2.50%) JBehave
3 2 (2.50%) ClearCase
4 1 (1.25%) Rational Rose
4 1 (1.25%) ClearQuest
4 1 (1.25%) Ant
4 1 (1.25%) VSS/SourceSafe
4 1 (1.25%) WebDriver
4 1 (1.25%) Axure RP
4 1 (1.25%) Hudson
4 1 (1.25%) Jenkins
General
1 44 (55.00%) Finance
2 40 (50.00%) Investment Banking
3 17 (21.25%) Front Office
4 8 (10.00%) Retail
5 3 (3.75%) Legal
5 3 (3.75%) Publishing
6 2 (2.50%) Back Office
6 2 (2.50%) Financial Institution
6 2 (2.50%) Retail Banking
6 2 (2.50%) Corporate Banking
Job Titles
1 31 (38.75%) Developer
2 11 (13.75%) Analyst
3 8 (10.00%) Java Developer
4 7 (8.75%) Test Manager
4 7 (8.75%) Business Analyst
4 7 (8.75%) Architect
5 6 (7.50%) Project Manager
5 6 (7.50%) Solutions Architect
6 5 (6.25%) C# Developer
7 3 (3.75%) Senior Developer
7 3 (3.75%) Consultant
7 3 (3.75%) Senior Java Developer
7 3 (3.75%) Front-End Developer
8 2 (2.50%) Production Manager
8 2 (2.50%) Selenium Tester
8 2 (2.50%) AWS Developer
8 2 (2.50%) Risk Analyst
8 2 (2.50%) Technical Business Analyst
8 2 (2.50%) Banking Business Analyst
8 2 (2.50%) Tester
Libraries, Frameworks & Software Standards
1 8 (10.00%) .NET
1 8 (10.00%) CSS
2 7 (8.75%) HTML
3 6 (7.50%) Spring
4 4 (5.00%) Hibernate
5 3 (3.75%) HTML5
5 3 (3.75%) J2EE
5 3 (3.75%) XML
6 2 (2.50%) XHTML
6 2 (2.50%) JDBC
6 2 (2.50%) JSF
6 2 (2.50%) JTA
6 2 (2.50%) JMS
6 2 (2.50%) Middleware
6 2 (2.50%) JMX
6 2 (2.50%) CSS3
6 2 (2.50%) Gherkin
6 2 (2.50%) Apache Flex
6 2 (2.50%) WCF
6 2 (2.50%) jQuery
Miscellaneous
1 13 (16.25%) Analytical Skills
2 9 (11.25%) Derivative
3 5 (6.25%) Equities
3 5 (6.25%) Credit Risk
3 5 (6.25%) Data Centre
4 3 (3.75%) Market Risk
4 3 (3.75%) Visualisation
4 3 (3.75%) N-Tier
5 2 (2.50%) Foreign Exchange (FX)
5 2 (2.50%) Mainframe
5 2 (2.50%) Management Information System
5 2 (2.50%) Interest Rate Derivative
5 2 (2.50%) Equity Derivative
5 2 (2.50%) Inversion of Control
5 2 (2.50%) Reference Data
5 2 (2.50%) Data Integration
6 1 (1.25%) Client/Server
6 1 (1.25%) Hedge funds
6 1 (1.25%) Mobile App
6 1 (1.25%) Enterprise Software
Operating Systems
1 15 (18.75%) UNIX
2 11 (13.75%) Linux
3 4 (5.00%) Windows
4 1 (1.25%) AIX
4 1 (1.25%) Android
4 1 (1.25%) Apple iOS
Processes & Methodologies
1 26 (32.50%) Agile Software Development
2 16 (20.00%) SDLC
3 10 (12.50%) TDD
3 10 (12.50%) Migration
4 8 (10.00%) Stakeholder Management
4 8 (10.00%) Risk Management
4 8 (10.00%) Analytics
5 7 (8.75%) Multithreading
6 6 (7.50%) Investment Management
6 6 (7.50%) Test Management
6 6 (7.50%) Test Automation
6 6 (7.50%) Scrum
6 6 (7.50%) OO
7 5 (6.25%) Project Management
7 5 (6.25%) Open Source
7 5 (6.25%) BDD
7 5 (6.25%) Change Control
8 4 (5.00%) Test Strategy
8 4 (5.00%) Release Management
8 4 (5.00%) Change Management
Programming Languages
1 21 (26.25%) Java
2 20 (25.00%) SQL
3 9 (11.25%) Perl
3 9 (11.25%) C#
4 8 (10.00%) Shell Script
5 6 (7.50%) C++
6 5 (6.25%) JavaScript
7 4 (5.00%) PL/SQL
8 3 (3.75%) UniBasic
8 3 (3.75%) VBA
8 3 (3.75%) Python
8 3 (3.75%) Scala
9 2 (2.50%) Bash Shell
9 2 (2.50%) C
10 1 (1.25%) VC++
10 1 (1.25%) Ruby
10 1 (1.25%) Korn
10 1 (1.25%) JCL
10 1 (1.25%) T-SQL
10 1 (1.25%) VBScript
Qualifications
1 12 (15.00%) Degree
2 1 (1.25%) ISEB
2 1 (1.25%) CISSP
2 1 (1.25%) Microsoft Certification
2 1 (1.25%) ITIL Certification
2 1 (1.25%) PMP
2 1 (1.25%) PMI Certification
2 1 (1.25%) CISA
2 1 (1.25%) CISM
2 1 (1.25%) ISTQB
Quality Assurance & Compliance
1 9 (11.25%) QA
2 1 (1.25%) ISO/IEC 27001
System Software
1 1 (1.25%) Docker
1 1 (1.25%) HDFS
Systems Management
1 2 (2.50%) HP Quality Center
1 2 (2.50%) Puppet
2 1 (1.25%) Opscode Chef
Vendors
1 11 (13.75%) Oracle
2 3 (3.75%) Microsoft
2 3 (3.75%) Adobe
2 3 (3.75%) Informatica
2 3 (3.75%) SunGard
2 3 (3.75%) Pega
3 2 (2.50%) IBM
3 2 (2.50%) Actimize
3 2 (2.50%) Solace
3 2 (2.50%) Blue Prism
3 2 (2.50%) Perforce
3 2 (2.50%) Sybase
4 1 (1.25%) Trillium
4 1 (1.25%) Cisco
4 1 (1.25%) Murex
4 1 (1.25%) Calypso
4 1 (1.25%) Fidessa
4 1 (1.25%) Teradata
4 1 (1.25%) EMC
4 1 (1.25%) Red Hat