The first 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Canary Wharf region.

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
18 Apr 2014
Same period 2013 Same period 2012
Banking
Rank 7 1 1
Rank change year-on-year
-6 0
Contract jobs citing Banking 17 164 163
As % of all contract IT jobs located in Canary Wharf 11.04% 46.33% 41.16%
As % of the General category 15.89% 57.95% 60.37%
Number of daily rates quoted 10 128 128
Average daily rate £588 £575 £550
Average daily rate % change year-on-year
+2.17% +4.54%
90% offered a daily rate of more than £299 £443 £425
10% offered a daily rate of more than £708 £700 £650
UK excluding London average daily rate £400 £375 £384
% change year-on-year
+6.59% -2.27%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.72 £18.50 £25.00
% change year-on-year
-36.64% -26.00%
General Category
Canary Wharf
Contract IT job ads with a match in the
General category
107 283 270
As % of all contract IT jobs located in Canary Wharf 69.48% 79.94% 68.18%
Number of daily rates quoted 76 231 177
Average daily rate £500 £575 £550
Average daily rate % change year-on-year
-13.04% +4.54%
90% offered a daily rate of more than £229 £371 £433
10% offered a daily rate of more than £625 £700 £650
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 5 1 2
Average hourly rate £28.00 £42.50 £35.00
Average hourly rate % change year-on-year
-34.11% +21.42%
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Banking
London

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 18 April 2014.

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 18 April 2014, 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 38 (55.88%) Investment Banking
2 26 (38.24%) Finance
3 24 (35.29%) Java
4 14 (20.59%) SQL
5 11 (16.18%) SQL Server
6 10 (14.71%) Data Warehouse
6 10 (14.71%) Business Intelligence
7 8 (11.76%) ETL
7 8 (11.76%) UNIX
7 8 (11.76%) Back Office
8 7 (10.29%) SQL Server Reporting Services
8 7 (10.29%) SQL Server Integration Services
8 7 (10.29%) Derivative
8 7 (10.29%) SQL Server Analysis Services
8 7 (10.29%) Multithreading
8 7 (10.29%) Windows
8 7 (10.29%) Oracle
8 7 (10.29%) Financial Institution
8 7 (10.29%) Hibernate
9 6 (8.82%) Migration
9 6 (8.82%) Front Office
9 6 (8.82%) ITIL
9 6 (8.82%) OOP
9 6 (8.82%) OO
9 6 (8.82%) MS Excel
9 6 (8.82%) OOD
9 6 (8.82%) Active Directory
9 6 (8.82%) Guice
9 6 (8.82%) Scala
9 6 (8.82%) Hadoop

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 18 April 2014, 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 6 (8.82%) GemFire
2 4 (5.88%) WebSphere
3 3 (4.41%) Exchange Server 2003
3 3 (4.41%) Exchange Server 2010
3 3 (4.41%) MS Exchange
3 3 (4.41%) Blackberry Enterprise Server
4 1 (1.47%) Oracle Coherence
4 1 (1.47%) WebLogic
4 1 (1.47%) SharePoint
Applications
1 6 (8.82%) MS Excel
2 3 (4.41%) MS PowerPoint
3 2 (2.94%) MS Visio
Business Applications
1 3 (4.41%) SunGard Stream Clearvision
2 1 (1.47%) Cognos TM1
Communications & Networking
1 3 (4.41%) DNS
2 2 (2.94%) TCP/IP
3 1 (1.47%) HTTPS
3 1 (1.47%) VPN
3 1 (1.47%) PBX
3 1 (1.47%) Firewall
Database & Business Intelligence
1 11 (16.18%) SQL Server
2 10 (14.71%) Data Warehouse
3 7 (10.29%) SQL Server Reporting Services
3 7 (10.29%) SQL Server Integration Services
3 7 (10.29%) SQL Server Analysis Services
4 6 (8.82%) Hadoop
4 6 (8.82%) SQL Server 2008
5 3 (4.41%) KDB
6 2 (2.94%) QlikView
7 1 (1.47%) Sybase ASE
7 1 (1.47%) IBM InfoSphere
7 1 (1.47%) SQL Server 2012
7 1 (1.47%) MS Access
7 1 (1.47%) DB2
7 1 (1.47%) OLAP
7 1 (1.47%) DataStage
7 1 (1.47%) QualityStage
7 1 (1.47%) PowerCenter
Development Applications
1 1 (1.47%) JIRA
1 1 (1.47%) Maven
1 1 (1.47%) TestNG
1 1 (1.47%) Build Forge
1 1 (1.47%) Talend Open Studio
1 1 (1.47%) JUnit
1 1 (1.47%) Toad
General
1 38 (55.88%) Investment Banking
2 26 (38.24%) Finance
3 8 (11.76%) Back Office
4 7 (10.29%) Financial Institution
5 6 (8.82%) Front Office
6 3 (4.41%) Retail Banking
6 3 (4.41%) Retail
7 2 (2.94%) International Banking
8 1 (1.47%) French Language
8 1 (1.47%) German Language
8 1 (1.47%) Italian Language
8 1 (1.47%) Spanish Language
8 1 (1.47%) Wholesale Banking
Job Titles
1 27 (39.71%) Developer
2 10 (14.71%) Java Developer
3 9 (13.24%) Analyst
4 6 (8.82%) ETL Developer
5 5 (7.35%) Lead Developer
5 5 (7.35%) Business Analyst
6 4 (5.88%) Project Manager
7 3 (4.41%) Business Manager
7 3 (4.41%) Exchange Administrator
7 3 (4.41%) Architect
7 3 (4.41%) Administrator
7 3 (4.41%) Senior Developer
8 2 (2.94%) Report Analyst
8 2 (2.94%) Oracle Developer
8 2 (2.94%) Sybase Developer
8 2 (2.94%) Applications Support
8 2 (2.94%) Solutions Architect
8 2 (2.94%) Consultant
8 2 (2.94%) WPF Developer
8 2 (2.94%) Compliance Consultant
Libraries, Frameworks & Software Standards
1 7 (10.29%) Hibernate
2 6 (8.82%) Guice
2 6 (8.82%) RabbitMQ
2 6 (8.82%) Guava
2 6 (8.82%) Spring
2 6 (8.82%) Akka
3 5 (7.35%) .NET
4 3 (4.41%) HTML
4 3 (4.41%) XML
5 2 (2.94%) CGI
5 2 (2.94%) WPF
6 1 (1.47%) Dojo
6 1 (1.47%) WCF
6 1 (1.47%) Application Packaging
6 1 (1.47%) .NET Framework
6 1 (1.47%) Ajax
6 1 (1.47%) Ext JS
6 1 (1.47%) jQuery
6 1 (1.47%) Ehcache
6 1 (1.47%) HTML5
Miscellaneous
1 7 (10.29%) Derivative
2 6 (8.82%) Open Source
2 6 (8.82%) Enterprise Software
3 5 (7.35%) Foreign Exchange (FX)
4 4 (5.88%) Data Integration
4 4 (5.88%) Computer Science
5 3 (4.41%) Equity Derivative
5 3 (4.41%) Hedge funds
5 3 (4.41%) Blackberry
5 3 (4.41%) Replication
6 2 (2.94%) Fixed Income
6 2 (2.94%) Equities
6 2 (2.94%) Reference Data
6 2 (2.94%) Statistics
7 1 (1.47%) Mathematics
7 1 (1.47%) Physics
7 1 (1.47%) Wiki
7 1 (1.47%) Interest Rate Derivative
7 1 (1.47%) PMI
7 1 (1.47%) Management Information System
Operating Systems
1 8 (11.76%) UNIX
2 7 (10.29%) Windows
3 5 (7.35%) Windows Server 2008
4 4 (5.88%) Linux
5 3 (4.41%) Windows 7
5 3 (4.41%) Windows XP
6 1 (1.47%) Windows Server 2003
Processes & Methodologies
1 10 (14.71%) Business Intelligence
2 8 (11.76%) ETL
3 7 (10.29%) Multithreading
4 6 (8.82%) Migration
4 6 (8.82%) ITIL
4 6 (8.82%) OOP
4 6 (8.82%) OO
4 6 (8.82%) OOD
4 6 (8.82%) Kimball Methodology
4 6 (8.82%) Low Latency
5 4 (5.88%) Asset Management
6 3 (4.41%) Incident Management
6 3 (4.41%) Release Management
6 3 (4.41%) Investment Management
6 3 (4.41%) Data Modelling
6 3 (4.41%) Project Management
6 3 (4.41%) Performance Tuning
7 2 (2.94%) Information Security
7 2 (2.94%) Change Management
7 2 (2.94%) Identity Management
Programming Languages
1 24 (35.29%) Java
2 14 (20.59%) SQL
3 6 (8.82%) Scala
4 4 (5.88%) VB
4 4 (5.88%) Perl
4 4 (5.88%) PL/SQL
4 4 (5.88%) C#
5 3 (4.41%) VBA
6 2 (2.94%) T-SQL
6 2 (2.94%) Python
6 2 (2.94%) Korn
7 1 (1.47%) Ruby
7 1 (1.47%) PowerShell
7 1 (1.47%) C++
7 1 (1.47%) JavaScript
7 1 (1.47%) Shell Script
Qualifications
1 3 (4.41%) Degree
2 2 (2.94%) CISA
2 2 (2.94%) CISSP
2 2 (2.94%) ITIL Certification
2 2 (2.94%) PMI Certification
2 2 (2.94%) GIAC
3 1 (1.47%) PMP
Quality Assurance & Compliance
1 2 (2.94%) EMIR
1 2 (2.94%) Dodd-Frank
1 2 (2.94%) Data Quality
1 2 (2.94%) MiFID
2 1 (1.47%) QA
2 1 (1.47%) Basel III
2 1 (1.47%) Basel II
System Software
1 6 (8.82%) Active Directory
1 6 (8.82%) Platform Symphony
2 3 (4.41%) VMware Infrastructure
Systems Management
1 4 (5.88%) SCCM
2 2 (2.94%) Tivoli
2 2 (2.94%) Tivoli Identity Manager
2 2 (2.94%) Oracle Identity Manager
3 1 (1.47%) Business Desktop Deployment
Vendors
1 7 (10.29%) Oracle
2 3 (4.41%) Sybase
2 3 (4.41%) SunGard
2 3 (4.41%) Citrix
2 3 (4.41%) Cognos
2 3 (4.41%) VMware
3 2 (2.94%) IBM
3 2 (2.94%) Microsoft
3 2 (2.94%) Sun
3 2 (2.94%) Informatica
3 2 (2.94%) Business Objects
4 1 (1.47%) DataFlux
4 1 (1.47%) ION Trading
4 1 (1.47%) Sencha
4 1 (1.47%) Twitter
4 1 (1.47%) Talend
4 1 (1.47%) SAP
4 1 (1.47%) Reuters
4 1 (1.47%) Bloomberg
4 1 (1.47%) HP