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 16 January 2017 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
16 Jan 2017
Same period 2016 Same period 2015
Banking
London / Canary Wharf
Rank 2 2 7
Rank change year-on-year
0 +5
Contract jobs citing Banking 45 38 16
As % of all contract IT jobs located in Canary Wharf 34.35% 27.74% 14.41%
As % of the General category 48.91% 35.19% 20.51%
Number of daily rates quoted 35 22 11
Median daily rate £575 £525 £475
Median daily rate % change year-on-year
+9.52% +10.52%
90% offered a daily rate of more than £431 £365 £180
10% offered a daily rate of more than £650 £645 £575
UK excluding London median daily rate £410 £425 £425
% change year-on-year
-3.52% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £35.15 £15.78 £10.44
% change year-on-year
+122.78% +51.12%

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
92 108 78
As % of all contract IT jobs located in Canary Wharf 70.23% 78.83% 70.27%
Number of daily rates quoted 75 84 64
Median daily rate £550 £500 £428
Median daily rate % change year-on-year
+10.00% +16.95%
90% offered a daily rate of more than £440 £320 £220
10% offered a daily rate of more than £650 £614 £600
UK excluding London median daily rate £401 £400 £400
% change year-on-year
+0.12% -
Number of hourly rates quoted 1 0 0
Median hourly rate £47.50 - -
UK excluding London median hourly rate £26.50 £33.50 £25.00
% change year-on-year
-20.89% +34.00%

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 16 January 2017.

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 16 January 2017, 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 57 (64.77%) Finance
2 31 (35.23%) Investment Banking
3 28 (31.82%) Java
3 28 (31.82%) Agile Software Development
4 20 (22.73%) SQL
5 15 (17.05%) Front Office
6 13 (14.77%) Retail
7 12 (13.64%) Stakeholder Management
8 11 (12.50%) Project Management
8 11 (12.50%) Linux
8 11 (12.50%) Derivative
8 11 (12.50%) Degree
9 10 (11.36%) XML
9 10 (11.36%) JavaScript
10 9 (10.23%) HTML
10 9 (10.23%) Unix
10 9 (10.23%) Risk Management
10 9 (10.23%) Scala
10 9 (10.23%) SDLC
11 8 (9.09%) Analytical Skills
11 8 (9.09%) MS PowerPoint
12 7 (7.95%) DB2
12 7 (7.95%) Python
12 7 (7.95%) Jenkins
12 7 (7.95%) HTML5
13 6 (6.82%) AngularJS
13 6 (6.82%) Relational Database
13 6 (6.82%) DevOps
13 6 (6.82%) MS Visio
13 6 (6.82%) OO

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 3 (3.41%) Apache
1 3 (3.41%) SharePoint
2 2 (2.27%) Oracle Coherence
3 1 (1.14%) Adobe Experience Manager
3 1 (1.14%) IIS
3 1 (1.14%) JBoss
3 1 (1.14%) Oracle HTTP Server
3 1 (1.14%) SAS
3 1 (1.14%) Tomcat
3 1 (1.14%) WebSphere
Applications
1 8 (9.09%) MS PowerPoint
2 6 (6.82%) MS Visio
3 5 (5.68%) MS Excel
4 4 (4.55%) MS Office
4 4 (4.55%) MS Project
5 1 (1.14%) Spreadsheet
Business Applications
1 1 (1.14%) Eikon
Cloud Services
1 2 (2.27%) PaaS
2 1 (1.14%) Adobe Analytics
2 1 (1.14%) Amazon AWS
2 1 (1.14%) IaaS
2 1 (1.14%) Microsoft Azure
2 1 (1.14%) SaaS
2 1 (1.14%) Taleo
Communications & Networking
1 1 (1.14%) FCoE
1 1 (1.14%) Fibre Channel
1 1 (1.14%) HTTP
1 1 (1.14%) Internet
1 1 (1.14%) Intrusion Detection
1 1 (1.14%) iSCSI
1 1 (1.14%) LAN
1 1 (1.14%) LDAP
1 1 (1.14%) Multicast
1 1 (1.14%) NAS
1 1 (1.14%) Network Security
1 1 (1.14%) SAN
1 1 (1.14%) TACACS
1 1 (1.14%) TCP/IP
1 1 (1.14%) WAN
1 1 (1.14%) X.509
Database & Business Intelligence
1 7 (7.95%) DB2
2 6 (6.82%) Relational Database
3 3 (3.41%) MongoDB
3 3 (3.41%) SQL Server
4 2 (2.27%) Apache Cassandra
4 2 (2.27%) Big Data
4 2 (2.27%) HBase
4 2 (2.27%) NoSQL
4 2 (2.27%) Qlik Sense
5 1 (1.14%) BusinessObjects
5 1 (1.14%) Data Mining
5 1 (1.14%) Hadoop
5 1 (1.14%) Hazelcast
5 1 (1.14%) Infinispan
5 1 (1.14%) MySQL
5 1 (1.14%) PostgreSQL
5 1 (1.14%) QlikView
5 1 (1.14%) RDBMS
5 1 (1.14%) SQL Server 2000
5 1 (1.14%) SQL Server 2008
Development Applications
1 7 (7.95%) Jenkins
2 5 (5.68%) Git (software)
3 4 (4.55%) Gradle
4 3 (3.41%) JIRA
4 3 (3.41%) Maven
5 2 (2.27%) Ant
5 2 (2.27%) JUnit
5 2 (2.27%) NUnit
5 2 (2.27%) TeamCity
6 1 (1.14%) Concordion
6 1 (1.14%) Cucumber
6 1 (1.14%) FitNesse
6 1 (1.14%) Grunt
6 1 (1.14%) Hudson
6 1 (1.14%) Jasmine
6 1 (1.14%) JBehave
6 1 (1.14%) Karma Test Runner
6 1 (1.14%) Mockito
6 1 (1.14%) Spock
6 1 (1.14%) Subversion
General
1 57 (64.77%) Finance
2 31 (35.23%) Investment Banking
3 15 (17.05%) Front Office
4 13 (14.77%) Retail
5 4 (4.55%) Back Office
5 4 (4.55%) Retail Banking
6 2 (2.27%) Legal
7 1 (1.14%) Prime Brokerage
Job Titles
1 29 (32.95%) Developer
2 25 (28.41%) Analyst
3 16 (18.18%) Business Analyst
3 16 (18.18%) Java Developer
4 14 (15.91%) Project Manager
5 10 (11.36%) Banking Analyst
6 8 (9.09%) Investment Banking Java Developer
7 7 (7.95%) Architect
7 7 (7.95%) Front Office Developer
8 6 (6.82%) Banking Business Analyst
8 6 (6.82%) Java Scala Developer
8 6 (6.82%) Scala Developer
9 5 (5.68%) Core Java Developer
9 5 (5.68%) HTML Developer
10 4 (4.55%) C# Developer
10 4 (4.55%) SQL Developer
11 3 (3.41%) C++ Developer
11 3 (3.41%) Implementation Manager
11 3 (3.41%) JavaScript Developer
11 3 (3.41%) Senior Implementation Manager
Libraries, Frameworks & Software Standards
1 10 (11.36%) XML
2 9 (10.23%) HTML
3 7 (7.95%) HTML5
4 6 (6.82%) AngularJS
4 6 (6.82%) CSS
4 6 (6.82%) SOAP
5 5 (5.68%) jQuery
5 5 (5.68%) JSON
5 5 (5.68%) Spring
5 5 (5.68%) XSLT
6 4 (4.55%) .NET
6 4 (4.55%) REST
6 4 (4.55%) XSD
7 3 (3.41%) CSS3
7 3 (3.41%) Kafka
7 3 (3.41%) Middleware
8 2 (2.27%) Ajax
8 2 (2.27%) J2EE
8 2 (2.27%) WCF
8 2 (2.27%) Web Services
Miscellaneous
1 11 (12.50%) Derivative
2 8 (9.09%) Analytical Skills
3 6 (6.82%) Fixed Income
4 5 (5.68%) Data Structures
5 4 (4.55%) Foreign Exchange (FX)
5 4 (4.55%) Management Information System
5 4 (4.55%) Market Risk
5 4 (4.55%) Reference Data
5 4 (4.55%) Virtual Team
6 3 (3.41%) Computer Science
6 3 (3.41%) Equities
6 3 (3.41%) User Experience
7 2 (2.27%) Algorithms
7 2 (2.27%) Data Integration
7 2 (2.27%) Grid Computing
7 2 (2.27%) OTC Derivatives
7 2 (2.27%) Visualisation
8 1 (1.14%) Data Extraction
8 1 (1.14%) iPhone
8 1 (1.14%) iSeries
Operating Systems
1 11 (12.50%) Linux
2 9 (10.23%) Unix
3 5 (5.68%) Windows
4 3 (3.41%) Android
4 3 (3.41%) Apple iOS
5 2 (2.27%) Windows Server
6 1 (1.14%) OpenVMS
6 1 (1.14%) Solaris
Processes & Methodologies
1 28 (31.82%) Agile Software Development
2 12 (13.64%) Stakeholder Management
3 11 (12.50%) Project Management
4 9 (10.23%) Risk Management
4 9 (10.23%) SDLC
5 6 (6.82%) DevOps
5 6 (6.82%) Multithreading
5 6 (6.82%) OO
5 6 (6.82%) Scrum
6 5 (5.68%) Analytics
6 5 (5.68%) Continuous Integration
6 5 (5.68%) Data Modelling
6 5 (5.68%) Electronic Trading
6 5 (5.68%) Functional Testing
6 5 (5.68%) Test Strategy
6 5 (5.68%) Validation
7 4 (4.55%) Process Improvement
7 4 (4.55%) Project Planning
7 4 (4.55%) SOA
7 4 (4.55%) User Acceptance Testing
Programming Languages
1 28 (31.82%) Java
2 20 (22.73%) SQL
3 10 (11.36%) JavaScript
4 9 (10.23%) Scala
5 7 (7.95%) Python
6 4 (4.55%) C#
6 4 (4.55%) Shell Script
6 4 (4.55%) XPath
7 3 (3.41%) C++
7 3 (3.41%) XQuery
8 2 (2.27%) Bash Shell
8 2 (2.27%) Clojure
8 2 (2.27%) Perl
8 2 (2.27%) PHP
8 2 (2.27%) Ruby
9 1 (1.14%) C
9 1 (1.14%) Korn
9 1 (1.14%) PowerShell
9 1 (1.14%) T-SQL
9 1 (1.14%) VBA
Qualifications
1 11 (12.50%) Degree
Quality Assurance & Compliance
1 5 (5.68%) MiFID
2 3 (3.41%) FATCA
3 2 (2.27%) Dodd-Frank
3 2 (2.27%) EMIR
4 1 (1.14%) QA
System Software
1 4 (4.55%) Docker
2 1 (1.14%) Hyper-V
2 1 (1.14%) KVM
2 1 (1.14%) NFS
2 1 (1.14%) Oracle RAC
2 1 (1.14%) Platform Symphony
2 1 (1.14%) RACF
2 1 (1.14%) SRDF
2 1 (1.14%) VMware Infrastructure
2 1 (1.14%) Xen
Systems Management
1 3 (3.41%) Ansible
1 3 (3.41%) HP Quality Center
2 2 (2.27%) Puppet
3 1 (1.14%) MOM
3 1 (1.14%) Nagios
3 1 (1.14%) OPNET
3 1 (1.14%) Opscode Chef
Vendors
1 6 (6.82%) Sybase
2 4 (4.55%) Microsoft
3 3 (3.41%) IBM
3 3 (3.41%) Oracle
4 2 (2.27%) Adobe
4 2 (2.27%) Charles River
4 2 (2.27%) DataSynapse
4 2 (2.27%) Infragistics
4 2 (2.27%) Solace
5 1 (1.14%) AppDynamics
5 1 (1.14%) Bloomberg
5 1 (1.14%) FactSet
5 1 (1.14%) Google
5 1 (1.14%) NetApp
5 1 (1.14%) Perforce
5 1 (1.14%) Reuters
5 1 (1.14%) Sencha
5 1 (1.14%) Teradata
5 1 (1.14%) TIBCO
5 1 (1.14%) VMware