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 29 January 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
29 Jan 2015
Same period 2014 Same period 2013
Banking
Rank 11 4 1
Rank change year-on-year
-7 -3
Contract jobs citing Banking 11 47 168
As % of all contract IT jobs located in Canary Wharf 11.46% 25.41% 48.55%
As % of the General category 16.42% 33.57% 60.87%
Number of daily rates quoted 8 38 103
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£488 £525 £525
Average daily rate % change year-on-year
-7.14% -
90% offered a daily rate of more than £428 £418 £430
10% offered a daily rate of more than £540 £700 £600
UK excluding London average daily rate £425 £396 £375
% change year-on-year
+7.32% +5.60%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £20.00
UK excluding London average hourly rate £10.44 £9.96 £15.88
% change year-on-year
+4.81% -37.25%
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
67 140 276
As % of all contract IT jobs located in Canary Wharf 69.79% 75.68% 79.77%
Number of daily rates quoted 56 100 181
Average daily rate £450 £525 £525
Average daily rate % change year-on-year
-14.28% -
90% offered a daily rate of more than £234 £375 £400
10% offered a daily rate of more than £576 £650 £600
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 3 3
Average hourly rate - £25.00 £20.00
Average hourly rate % change year-on-year
- +25.00%
UK excluding London average hourly rate £26.50 £22.00 £25.00
% change year-on-year
+20.45% -12.00%

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 29 January 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 29 January 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 14 (56.00%) Finance
2 10 (40.00%) Investment Banking
3 8 (32.00%) Project Management
4 6 (24.00%) Agile Software Development
4 6 (24.00%) Front Office
4 6 (24.00%) Stakeholder Management
5 5 (20.00%) Degree
5 5 (20.00%) Microsoft
5 5 (20.00%) User Acceptance Testing
6 4 (16.00%) MS Excel
6 4 (16.00%) Java
6 4 (16.00%) MS Project
7 3 (12.00%) Fixed Income
7 3 (12.00%) Equities
7 3 (12.00%) Project Planning
7 3 (12.00%) Business Analysis
7 3 (12.00%) MS Office
7 3 (12.00%) XML
7 3 (12.00%) PRINCE2
7 3 (12.00%) Windows
7 3 (12.00%) Linux
7 3 (12.00%) Oracle
7 3 (12.00%) SharePoint
7 3 (12.00%) Change Control
8 2 (8.00%) Waterfall
8 2 (8.00%) Data Architecture
8 2 (8.00%) Test Management
8 2 (8.00%) QA
8 2 (8.00%) Matrix Management
8 2 (8.00%) Use Case

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 January 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 (12.00%) SharePoint
2 2 (8.00%) MS Project Server
2 2 (8.00%) Oracle Coherence
3 1 (4.00%) TIBCO EMS
3 1 (4.00%) JBoss
3 1 (4.00%) WebLogic
3 1 (4.00%) IIS
3 1 (4.00%) Confluence
3 1 (4.00%) Lync
3 1 (4.00%) Adobe CQ
Applications
1 4 (16.00%) MS Excel
1 4 (16.00%) MS Project
2 3 (12.00%) MS Office
3 1 (4.00%) MS PowerPoint
3 1 (4.00%) MS Visio
Business Applications
1 1 (4.00%) Cognos TM1
1 1 (4.00%) BusinessWorks
1 1 (4.00%) SAP HR
Communications & Networking
1 1 (4.00%) LAN
1 1 (4.00%) WAN
1 1 (4.00%) TCP/IP
Database & Business Intelligence
1 1 (4.00%) InterSystems Cache
1 1 (4.00%) SQLBase
1 1 (4.00%) Oracle Reports
1 1 (4.00%) SQL Server
1 1 (4.00%) OLAP
1 1 (4.00%) Crystal Reports
1 1 (4.00%) RDBMS
1 1 (4.00%) Data Warehouse
1 1 (4.00%) Oracle Database
1 1 (4.00%) Relational Database
1 1 (4.00%) QlikView
1 1 (4.00%) Oracle Database 11g
Development Applications
1 1 (4.00%) JIRA
1 1 (4.00%) Subversion
1 1 (4.00%) Maven
1 1 (4.00%) Ant
1 1 (4.00%) Selenium
1 1 (4.00%) Atlassian Bamboo
1 1 (4.00%) Git (software)
1 1 (4.00%) WebDriver
1 1 (4.00%) Cucumber
General
1 14 (56.00%) Finance
2 10 (40.00%) Investment Banking
3 6 (24.00%) Front Office
4 2 (8.00%) Multimedia
4 2 (8.00%) Retail
4 2 (8.00%) Retail Banking
4 2 (8.00%) Back Office
4 2 (8.00%) Legal
5 1 (4.00%) Publishing
5 1 (4.00%) Telecoms
5 1 (4.00%) Corporate Banking
Job Titles
1 5 (20.00%) Analyst
2 4 (16.00%) Project Manager
2 4 (16.00%) Business Analyst
2 4 (16.00%) Developer
3 3 (12.00%) Architect
4 2 (8.00%) Coordinator
4 2 (8.00%) Test Manager
4 2 (8.00%) Java Developer
4 2 (8.00%) Project Coordinator
4 2 (8.00%) Consultant
4 2 (8.00%) 3rd Line Support
5 1 (4.00%) Senior Business Analyst
5 1 (4.00%) Data Architect
5 1 (4.00%) Solutions Architect
5 1 (4.00%) J2EE Developer
5 1 (4.00%) IT Project Manager
5 1 (4.00%) Project Analyst
5 1 (4.00%) Quantitative Developer
5 1 (4.00%) Delivery Manager
5 1 (4.00%) Data Migration Specialist
Libraries, Frameworks & Software Standards
1 3 (12.00%) XML
2 2 (8.00%) J2EE
2 2 (8.00%) EJB
2 2 (8.00%) XML Messaging
3 1 (4.00%) Hibernate
3 1 (4.00%) Spring
3 1 (4.00%) JSP
3 1 (4.00%) STL
3 1 (4.00%) COM
3 1 (4.00%) Swing
3 1 (4.00%) .NET
3 1 (4.00%) Middleware
3 1 (4.00%) FpML
3 1 (4.00%) JMS
3 1 (4.00%) Boost C++ Libraries
Miscellaneous
1 3 (12.00%) Fixed Income
1 3 (12.00%) Equities
2 2 (8.00%) Analytical Skills
2 2 (8.00%) PMI
2 2 (8.00%) Foreign Exchange (FX)
2 2 (8.00%) Mainframe
2 2 (8.00%) Management Information System
3 1 (4.00%) Computer Science
3 1 (4.00%) DTCC
3 1 (4.00%) Economics
3 1 (4.00%) Enterprise Software
3 1 (4.00%) Video Conferencing
3 1 (4.00%) Reference Data
3 1 (4.00%) Open Source
Operating Systems
1 3 (12.00%) Windows
1 3 (12.00%) Linux
2 2 (8.00%) UNIX
3 1 (4.00%) Windows Server 2008
3 1 (4.00%) Windows 7
Processes & Methodologies
1 8 (32.00%) Project Management
2 6 (24.00%) Agile Software Development
2 6 (24.00%) Stakeholder Management
3 5 (20.00%) User Acceptance Testing
4 3 (12.00%) Project Planning
4 3 (12.00%) Business Analysis
4 3 (12.00%) PRINCE2
4 3 (12.00%) Change Control
5 2 (8.00%) Waterfall
5 2 (8.00%) Data Architecture
5 2 (8.00%) Test Management
5 2 (8.00%) Matrix Management
5 2 (8.00%) Use Case
5 2 (8.00%) Analytics
5 2 (8.00%) User Stories
5 2 (8.00%) DevOps
5 2 (8.00%) E-Commerce
5 2 (8.00%) Business Intelligence
5 2 (8.00%) UML
5 2 (8.00%) OO
Programming Languages
1 4 (16.00%) Java
2 2 (8.00%) Shell Script
2 2 (8.00%) C
2 2 (8.00%) SQL
3 1 (4.00%) T-SQL
3 1 (4.00%) VBA
3 1 (4.00%) C++
3 1 (4.00%) PL/SQL
Qualifications
1 5 (20.00%) Degree
2 2 (8.00%) PMI Certification
3 1 (4.00%) ISEB Practitioner
3 1 (4.00%) ISEB
Quality Assurance & Compliance
1 2 (8.00%) QA
2 1 (4.00%) Sarbanes-Oxley
2 1 (4.00%) GAAP
System Software
1 1 (4.00%) Active Directory
1 1 (4.00%) vSphere
1 1 (4.00%) VMware ESXi
Systems Management
1 1 (4.00%) HP Quality Center
Vendors
1 5 (20.00%) Microsoft
2 3 (12.00%) Oracle
3 1 (4.00%) VMware
3 1 (4.00%) Applix
3 1 (4.00%) SAP
3 1 (4.00%) Sybase
3 1 (4.00%) TIBCO
3 1 (4.00%) Cisco
3 1 (4.00%) Adobe
3 1 (4.00%) Avaya
3 1 (4.00%) Cognos
3 1 (4.00%) Atlassian