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 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Banking
Rank 2 10 4
Rank change year-on-year
+8 -6
Contract jobs citing Banking 37 12 38
As % of all contract IT jobs located in Canary Wharf 29.13% 12.12% 21.59%
As % of the General category 38.14% 17.91% 29.69%
Number of daily rates quoted 27 8 31
Average daily rate £500 £463 £525
Average daily rate % change year-on-year
+8.10% -11.90%
90% offered a daily rate of more than £371 £428 £425
10% offered a daily rate of more than £650 £540 £700
UK excluding London average daily rate £420 £425 £400
% change year-on-year
-1.17% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £15.00 £10.44 £10.97
% change year-on-year
+43.67% -4.83%
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
97 67 128
As % of all contract IT jobs located in Canary Wharf 76.38% 67.68% 72.73%
Number of daily rates quoted 77 55 90
Average daily rate £500 £450 £525
Average daily rate % change year-on-year
+11.11% -14.28%
90% offered a daily rate of more than £275 £243 £382
10% offered a daily rate of more than £700 £581 £700
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £20.00
UK excluding London average hourly rate £35.00 £26.00 £22.00
% change year-on-year
+34.61% +18.18%

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 5 February 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 5 February 2016, 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 41 (43.16%) Finance
2 40 (42.11%) Investment Banking
3 27 (28.42%) Java
4 26 (27.37%) SQL
5 24 (25.26%) Agile Software Development
6 17 (17.89%) SQL Server
7 15 (15.79%) Windows
8 14 (14.74%) Linux
8 14 (14.74%) Front Office
8 14 (14.74%) TDD
9 13 (13.68%) XML
9 13 (13.68%) C#
10 12 (12.63%) BDD
11 11 (11.58%) .NET
12 10 (10.53%) C++
12 10 (10.53%) Migration
12 10 (10.53%) Stakeholder Management
12 10 (10.53%) Performance Tuning
13 9 (9.47%) Change Control
13 9 (9.47%) Shell Script
13 9 (9.47%) Perl
14 8 (8.42%) Oracle
14 8 (8.42%) Workflow
14 8 (8.42%) Retail
14 8 (8.42%) Incident Management
14 8 (8.42%) Degree
15 7 (7.37%) QA
15 7 (7.37%) Multithreading
15 7 (7.37%) Software Engineering
15 7 (7.37%) Data Management

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 February 2016, 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 (3.16%) WebSphere
2 2 (2.11%) SAS
2 2 (2.11%) SharePoint
2 2 (2.11%) Tomcat
3 1 (1.05%) Apache Spark
3 1 (1.05%) Confluence
3 1 (1.05%) IBM Notes
3 1 (1.05%) MQSeries
3 1 (1.05%) OpenStack
Applications
1 3 (3.16%) MS Excel
2 2 (2.11%) MS Office
3 1 (1.05%) Adobe Illustrator
3 1 (1.05%) MS PowerPoint
3 1 (1.05%) MS Project
3 1 (1.05%) MS Visio
3 1 (1.05%) OmniGraffle
3 1 (1.05%) Photoshop
Cloud Services
1 1 (1.05%) Amazon AWS
1 1 (1.05%) Cloud Computing
1 1 (1.05%) GitHub
Communications & Networking
1 7 (7.37%) TCP/IP
2 4 (4.21%) SAN
3 1 (1.05%) Internet
3 1 (1.05%) LAN
3 1 (1.05%) Multicast
3 1 (1.05%) WAN
3 1 (1.05%) WebEx
Database & Business Intelligence
1 17 (17.89%) SQL Server
2 7 (7.37%) Big Data
3 6 (6.32%) Data Warehouse
3 6 (6.32%) SQL Server 2008
3 6 (6.32%) SQL Server Reporting Services
4 5 (5.26%) Hadoop
4 5 (5.26%) Relational Database
5 4 (4.21%) DB2
5 4 (4.21%) SQL Server 2012
5 4 (4.21%) SQL Server 2014
5 4 (4.21%) SQL Server Integration Services
6 3 (3.16%) Oracle Database
6 3 (3.16%) QlikView
7 2 (2.11%) MS Access
7 2 (2.11%) SQL Server 2005
7 2 (2.11%) SQL Server Analysis Services
8 1 (1.05%) Data Mart
8 1 (1.05%) DTS
8 1 (1.05%) Microsoft Analysis Services
8 1 (1.05%) RDBMS
Development Applications
1 7 (7.37%) Cucumber
2 6 (6.32%) Git (software)
3 5 (5.26%) Selenium
3 5 (5.26%) WebDriver
4 4 (4.21%) JBehave
5 3 (3.16%) Jenkins
5 3 (3.16%) Maven
6 2 (2.11%) ClearCase
6 2 (2.11%) jMock
6 2 (2.11%) Mockito
6 2 (2.11%) TeamCity
7 1 (1.05%) Ant
7 1 (1.05%) ClearQuest
7 1 (1.05%) Hudson
7 1 (1.05%) JIRA
7 1 (1.05%) Visual Studio
7 1 (1.05%) VSS/SourceSafe
General
1 41 (43.16%) Finance
2 40 (42.11%) Investment Banking
3 14 (14.74%) Front Office
4 8 (8.42%) Retail
5 4 (4.21%) Back Office
5 4 (4.21%) Corporate Banking
5 4 (4.21%) Marketing
5 4 (4.21%) Retail Banking
6 2 (2.11%) Financial Institution
7 1 (1.05%) General Ledger
7 1 (1.05%) International Banking
7 1 (1.05%) Legal
Job Titles
1 36 (37.89%) Developer
2 21 (22.11%) Analyst
3 10 (10.53%) Java Developer
4 8 (8.42%) Banking Analyst
4 8 (8.42%) Business Analyst
5 7 (7.37%) C# Developer
5 7 (7.37%) SQL Developer
6 6 (6.32%) Test Manager
7 5 (5.26%) C# WPF Developer
7 5 (5.26%) DBA
7 5 (5.26%) Senior Developer
7 5 (5.26%) WPF Developer
8 4 (4.21%) Architect
8 4 (4.21%) Developer in Test
8 4 (4.21%) Project Manager
8 4 (4.21%) Senior DBA
8 4 (4.21%) Senior SQL DBA
8 4 (4.21%) Software Developer
8 4 (4.21%) SQL DBA
8 4 (4.21%) Support Analyst
Libraries, Frameworks & Software Standards
1 13 (13.68%) XML
2 11 (11.58%) .NET
3 5 (5.26%) .NET Framework
3 5 (5.26%) ASP.NET
3 5 (5.26%) HTML
3 5 (5.26%) Spring
3 5 (5.26%) WPF
4 4 (4.21%) ASP.NET MVC
4 4 (4.21%) CSS
4 4 (4.21%) Drools
4 4 (4.21%) Entity Framework
4 4 (4.21%) XBRL
5 3 (3.16%) Hibernate
5 3 (3.16%) J2EE
5 3 (3.16%) jQuery
6 2 (2.11%) FIX Protocol
6 2 (2.11%) JDBC
6 2 (2.11%) JPA
6 2 (2.11%) JTA
6 2 (2.11%) WCF
Miscellaneous
1 7 (7.37%) Analytical Skills
2 4 (4.21%) Clustering
2 4 (4.21%) Computer Science
2 4 (4.21%) Derivative
2 4 (4.21%) Replication
2 4 (4.21%) SWIFT
3 3 (3.16%) Credit Risk
3 3 (3.16%) Data Centre
3 3 (3.16%) Equities
3 3 (3.16%) PMI
4 2 (2.11%) Foreign Exchange (FX)
4 2 (2.11%) Inversion of Control
4 2 (2.11%) Market Risk
4 2 (2.11%) Mathematics
4 2 (2.11%) Reference Data
4 2 (2.11%) Visualisation
4 2 (2.11%) Wiki
5 1 (1.05%) Data Integration
5 1 (1.05%) Grid Computing
5 1 (1.05%) Taxonomies
Operating Systems
1 15 (15.79%) Windows
2 14 (14.74%) Linux
3 6 (6.32%) Unix
4 2 (2.11%) Windows 7
4 2 (2.11%) Windows Server
5 1 (1.05%) Windows Server 2003
Processes & Methodologies
1 24 (25.26%) Agile Software Development
2 14 (14.74%) TDD
3 12 (12.63%) BDD
4 10 (10.53%) Migration
4 10 (10.53%) Performance Tuning
4 10 (10.53%) Stakeholder Management
5 9 (9.47%) Change Control
6 8 (8.42%) Incident Management
6 8 (8.42%) Workflow
7 7 (7.37%) Change Management
7 7 (7.37%) Data Management
7 7 (7.37%) Multithreading
7 7 (7.37%) OO
7 7 (7.37%) Scrum
7 7 (7.37%) Software Engineering
8 6 (6.32%) Continuous Integration
8 6 (6.32%) ITIL
8 6 (6.32%) OOP
8 6 (6.32%) PRINCE2
8 6 (6.32%) Test Management
Programming Languages
1 27 (28.42%) Java
2 26 (27.37%) SQL
3 13 (13.68%) C#
4 10 (10.53%) C++
5 9 (9.47%) Perl
5 9 (9.47%) Shell Script
6 6 (6.32%) JavaScript
7 4 (4.21%) Python
8 3 (3.16%) Bash Shell
8 3 (3.16%) Ruby
9 2 (2.11%) PL/SQL
9 2 (2.11%) Scala
9 2 (2.11%) Tcl
9 2 (2.11%) T-SQL
9 2 (2.11%) VB
9 2 (2.11%) VC++
10 1 (1.05%) Korn
10 1 (1.05%) PHP
10 1 (1.05%) R
10 1 (1.05%) VBA
Qualifications
1 8 (8.42%) Degree
2 4 (4.21%) PMI Certification
3 3 (3.16%) PMP
4 1 (1.05%) ISEB
4 1 (1.05%) ISTQB
4 1 (1.05%) ITIL Certification
4 1 (1.05%) Microsoft Certification
4 1 (1.05%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 7 (7.37%) QA
2 3 (3.16%) Data Quality
2 3 (3.16%) SDET
3 2 (2.11%) Dodd-Frank
4 1 (1.05%) EMIR
4 1 (1.05%) FATCA
4 1 (1.05%) MiFID
4 1 (1.05%) Sarbanes-Oxley
System Software
1 1 (1.05%) Active Directory
1 1 (1.05%) Docker
1 1 (1.05%) NFS
Systems Management
1 3 (3.16%) Puppet
2 2 (2.11%) HP Quality Center
3 1 (1.05%) Control-M
3 1 (1.05%) Opscode Chef
3 1 (1.05%) Tivoli
Vendors
1 8 (8.42%) Oracle
2 6 (6.32%) Sybase
3 4 (4.21%) Microsoft
4 2 (2.11%) Fidessa
4 2 (2.11%) Informatica
4 2 (2.11%) Perforce
5 1 (1.05%) Actimize
5 1 (1.05%) Bloomberg
5 1 (1.05%) DevExpress
5 1 (1.05%) EMC
5 1 (1.05%) Google
5 1 (1.05%) HP
5 1 (1.05%) IBM
5 1 (1.05%) LANSA
5 1 (1.05%) Lotus
5 1 (1.05%) Red Hat
5 1 (1.05%) Reuters
5 1 (1.05%) Syncfusion
5 1 (1.05%) Teradata
5 1 (1.05%) Trillium