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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Banking
Rank 1 3 4
Rank change year-on-year
+2 +1
Contract jobs citing Banking 47 33 19
As % of all contract IT jobs located in Canary Wharf 39.17% 18.75% 19.00%
As % of the General category 59.49% 24.63% 25.68%
Number of daily rates quoted 33 30 12
Median daily rate £400 £525 £488
Median daily rate % change year-on-year
-23.80% +7.69%
90% offered a daily rate of more than £305 £320 £289
10% offered a daily rate of more than £565 £605 £625
UK excluding London median daily rate £405 £400 £400
% change year-on-year
+1.25% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.82 £10.44 £20.75
% change year-on-year
-5.98% -49.68%
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
79 134 74
As % of all contract IT jobs located in Canary Wharf 65.83% 76.14% 74.00%
Number of daily rates quoted 61 100 39
Median daily rate £425 £500 £450
Median daily rate % change year-on-year
-15.00% +11.11%
90% offered a daily rate of more than £325 £321 £215
10% offered a daily rate of more than £619 £572 £625
UK excluding London median daily rate £400 £400 £379
% change year-on-year
- +5.54%
Number of hourly rates quoted 0 2 6
Median hourly rate - £12.50 £18.00
Median hourly rate % change year-on-year
- -30.55%
UK excluding London median hourly rate £25.00 £22.50 £23.63
% change year-on-year
+11.11% -4.76%

Banking
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Banking as a proportion of all IT contracts with a match in 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 29 June 2016.

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 29 June 2016, IT contractor jobs citing Banking 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 Banking.

1 27 (32.14%) Finance
2 24 (28.57%) Agile Software Development
3 21 (25.00%) Stakeholder Management
4 19 (22.62%) Java
5 18 (21.43%) SQL
5 18 (21.43%) Investment Banking
6 16 (19.05%) Analytical Skills
7 15 (17.86%) Project Management
8 13 (15.48%) Linux
8 13 (15.48%) Unix
9 10 (11.90%) Retail
9 10 (11.90%) Spring
9 10 (11.90%) Business Analysis
10 9 (10.71%) Windows
10 9 (10.71%) Matrix Organization
11 8 (9.52%) SQL Server
11 8 (9.52%) Scrum
12 7 (8.33%) Migration
12 7 (8.33%) Front Office
12 7 (8.33%) JavaScript
12 7 (8.33%) Microsoft
12 7 (8.33%) Retail Banking
12 7 (8.33%) WebSphere
12 7 (8.33%) TDD
12 7 (8.33%) SDLC
13 6 (7.14%) DevOps
13 6 (7.14%) Corporate Banking
13 6 (7.14%) REST
13 6 (7.14%) J2EE
13 6 (7.14%) Change Management

Banking
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:

Application Platforms
1 7 (8.33%) WebSphere
2 5 (5.95%) SharePoint
3 4 (4.76%) MS Project Server
4 3 (3.57%) Apache
4 3 (3.57%) Apache Spark
5 2 (2.38%) Mule
5 2 (2.38%) SAS
6 1 (1.19%) MQSeries
6 1 (1.19%) SharePoint 2013
Applications
1 5 (5.95%) MS Project
2 4 (4.76%) MS Office
3 3 (3.57%) MS Excel
3 3 (3.57%) MS PowerPoint
4 2 (2.38%) MS Visio
Business Applications
1 1 (1.19%) Eikon
Cloud Services
1 1 (1.19%) Microsoft Azure
1 1 (1.19%) Office 365
Database & Business Intelligence
1 8 (9.52%) SQL Server
2 4 (4.76%) Apache Hive
2 4 (4.76%) Hadoop
3 3 (3.57%) Big Data
3 3 (3.57%) Data Warehouse
3 3 (3.57%) DB2
3 3 (3.57%) HBase
3 3 (3.57%) MySQL
3 3 (3.57%) Relational Database
4 2 (2.38%) QlikView
5 1 (1.19%) Base SAS
5 1 (1.19%) Data Mining
5 1 (1.19%) Impala
5 1 (1.19%) MS Access
5 1 (1.19%) OLTP
5 1 (1.19%) Oracle Database
5 1 (1.19%) SAS Data Integration Studio
5 1 (1.19%) SAS EBI
5 1 (1.19%) SAS Enterprise Guide
5 1 (1.19%) SAS Enterprise Miner
Development Applications
1 2 (2.38%) Artifactory
1 2 (2.38%) Jenkins
1 2 (2.38%) SpecFlow
1 2 (2.38%) Team Foundation Server
2 1 (1.19%) Eclipse
2 1 (1.19%) Git (software)
2 1 (1.19%) IntelliJ
2 1 (1.19%) JBehave
2 1 (1.19%) JIRA
2 1 (1.19%) JUnit
2 1 (1.19%) Maven
2 1 (1.19%) TeamCity
General
1 27 (32.14%) Finance
2 18 (21.43%) Investment Banking
3 10 (11.90%) Retail
4 7 (8.33%) Front Office
4 7 (8.33%) Retail Banking
5 6 (7.14%) Corporate Banking
6 3 (3.57%) Back Office
7 1 (1.19%) Billing
7 1 (1.19%) Financial Institution
Job Titles
1 27 (32.14%) Developer
2 21 (25.00%) Analyst
3 14 (16.67%) Banking Analyst
4 11 (13.10%) Business Analyst
5 10 (11.90%) Architect
5 10 (11.90%) Project Manager
6 8 (9.52%) Banking Project Manager
6 8 (9.52%) Java Developer
7 7 (8.33%) Banking Business Analyst
8 6 (7.14%) Lead Developer
9 4 (4.76%) C# Developer
9 4 (4.76%) Data Architect
9 4 (4.76%) IT Manager
9 4 (4.76%) IT Project Manager
9 4 (4.76%) PRINCE2 Project Manager
9 4 (4.76%) SQL Developer
9 4 (4.76%) Stakeholder Manager
10 3 (3.57%) Business Change Project Manager
10 3 (3.57%) PMO Analyst
10 3 (3.57%) Senior Fidessa Developer
Libraries, Frameworks & Software Standards
1 10 (11.90%) Spring
2 6 (7.14%) Hibernate
2 6 (7.14%) J2EE
2 6 (7.14%) REST
3 4 (4.76%) JSON
4 3 (3.57%) .NET
4 3 (3.57%) Drools
4 3 (3.57%) FIX Protocol
4 3 (3.57%) JMS
4 3 (3.57%) JPA
4 3 (3.57%) jQuery
4 3 (3.57%) Spring MVC
4 3 (3.57%) Spring Security
4 3 (3.57%) XML
5 2 (2.38%) GWT
5 2 (2.38%) HTML
5 2 (2.38%) HTML5
5 2 (2.38%) Middleware
5 2 (2.38%) Spring Integration
5 2 (2.38%) WebSphere MQ
Miscellaneous
1 16 (19.05%) Analytical Skills
2 4 (4.76%) Mainframe
2 4 (4.76%) PMI
3 3 (3.57%) Data Extraction
3 3 (3.57%) Equities
3 3 (3.57%) Virtual Team
4 2 (2.38%) Credit Risk
4 2 (2.38%) Derivative
5 1 (1.19%) Computer Science
5 1 (1.19%) Data Integration
5 1 (1.19%) Equity Derivative
5 1 (1.19%) Fintech
5 1 (1.19%) Fixed Income
5 1 (1.19%) Tandem
5 1 (1.19%) User Experience
5 1 (1.19%) Visualisation
Operating Systems
1 13 (15.48%) Linux
1 13 (15.48%) Unix
2 9 (10.71%) Windows
3 3 (3.57%) AIX
4 2 (2.38%) Windows Server
5 1 (1.19%) Red Hat Enterprise Linux
5 1 (1.19%) Windows 7
Processes & Methodologies
1 24 (28.57%) Agile Software Development
2 21 (25.00%) Stakeholder Management
3 15 (17.86%) Project Management
4 10 (11.90%) Business Analysis
5 9 (10.71%) Matrix Organization
6 8 (9.52%) Scrum
7 7 (8.33%) Migration
7 7 (8.33%) SDLC
7 7 (8.33%) TDD
8 6 (7.14%) Change Management
8 6 (7.14%) DevOps
9 5 (5.95%) Data Modelling
9 5 (5.95%) PRINCE2
10 4 (4.76%) Budget Control
10 4 (4.76%) Data Analysis
10 4 (4.76%) Data Management
10 4 (4.76%) Multithreading
10 4 (4.76%) Software Delivery
10 4 (4.76%) Software Engineering
10 4 (4.76%) UML
Programming Languages
1 19 (22.62%) Java
2 18 (21.43%) SQL
3 7 (8.33%) JavaScript
4 4 (4.76%) C#
4 4 (4.76%) Shell Script
5 3 (3.57%) C++
5 3 (3.57%) Scala
5 3 (3.57%) Tcl
6 2 (2.38%) C
6 2 (2.38%) PHP
6 2 (2.38%) Python
7 1 (1.19%) PowerShell
7 1 (1.19%) VB.NET
7 1 (1.19%) VC++
7 1 (1.19%) XAML
Qualifications
1 4 (4.76%) PMI Certification
2 3 (3.57%) Degree
3 1 (1.19%) MCP
3 1 (1.19%) MCSE
3 1 (1.19%) Microsoft Certification
Quality Assurance & Compliance
1 2 (2.38%) Data Quality
2 1 (1.19%) Dodd-Frank
2 1 (1.19%) FATCA
2 1 (1.19%) MiFID
2 1 (1.19%) Sarbanes-Oxley
System Software
1 3 (3.57%) HDFS
2 2 (2.38%) Active Directory
2 2 (2.38%) Docker
Systems Management
1 3 (3.57%) Opscode Chef
2 2 (2.38%) Ansible
2 2 (2.38%) Puppet
3 1 (1.19%) HP Quality Center
3 1 (1.19%) Tivoli
Vendors
1 7 (8.33%) Microsoft
2 4 (4.76%) Fidessa
2 4 (4.76%) Oracle
2 4 (4.76%) Teradata
3 3 (3.57%) Fundtech
4 2 (2.38%) Google
4 2 (2.38%) IBM
4 2 (2.38%) Pega
4 2 (2.38%) TIBCO
5 1 (1.19%) Avaloq
5 1 (1.19%) Bloomberg
5 1 (1.19%) HP
5 1 (1.19%) Informatica
5 1 (1.19%) Infragistics
5 1 (1.19%) Perforce
5 1 (1.19%) Red Hat
5 1 (1.19%) Reuters
5 1 (1.19%) SAP
5 1 (1.19%) Splunk
5 1 (1.19%) Sybase