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 28 September 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
28 Sep 2016
Same period 2015 Same period 2014
Banking
Rank 2 5 9
Rank change year-on-year
+3 +4
Contract jobs citing Banking 51 43 15
As % of all contract IT jobs located in Canary Wharf 29.31% 24.16% 13.27%
As % of the General category 40.16% 34.68% 17.65%
Number of daily rates quoted 40 29 9
Median daily rate £425 £525 £550
Median daily rate % change year-on-year
-19.04% -4.54%
90% offered a daily rate of more than £336 £399 £300
10% offered a daily rate of more than £591 £640 £650
UK excluding London median daily rate £425 £425 £413
% change year-on-year
- +2.90%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £29.50 £16.50 £11.00
% change year-on-year
+78.78% +50.00%
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
127 124 85
As % of all contract IT jobs located in Canary Wharf 72.99% 69.66% 75.22%
Number of daily rates quoted 93 84 36
Median daily rate £438 £500 £450
Median daily rate % change year-on-year
-12.50% +11.11%
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £590 £628 £600
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 4 4
Median hourly rate £12.00 £27.00 £35.00
Median hourly rate % change year-on-year
-55.55% -22.85%
UK excluding London median hourly rate £20.50 £30.00 £26.50
% change year-on-year
-31.66% +13.20%

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 28 September 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 28 September 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 42 (42.86%) Finance
2 28 (28.57%) Agile Software Development
3 22 (22.45%) Stakeholder Management
3 22 (22.45%) Analytical Skills
4 21 (21.43%) Java
4 21 (21.43%) SQL
5 16 (16.33%) Retail
5 16 (16.33%) Project Management
6 15 (15.31%) Unix
7 14 (14.29%) Investment Banking
8 12 (12.24%) Linux
8 12 (12.24%) Matrix Organization
9 11 (11.22%) JavaScript
10 10 (10.20%) Business Analysis
10 10 (10.20%) Retail Banking
11 8 (8.16%) Windows
11 8 (8.16%) Migration
12 7 (7.14%) Change Management
13 6 (6.12%) Risk Management
13 6 (6.12%) Scrum
13 6 (6.12%) Microsoft
13 6 (6.12%) XML
13 6 (6.12%) Data Analysis
13 6 (6.12%) Analytics
14 5 (5.10%) SDLC
14 5 (5.10%) Teradata
14 5 (5.10%) Corporate Banking
14 5 (5.10%) Release Management
14 5 (5.10%) jQuery
14 5 (5.10%) Data Extraction

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 5 (5.10%) SAS
2 4 (4.08%) WebSphere
3 3 (3.06%) SharePoint
4 2 (2.04%) Apache
4 2 (2.04%) MS Project Server
4 2 (2.04%) Mule
5 1 (1.02%) Oracle Coherence
Applications
1 5 (5.10%) MS Office
1 5 (5.10%) MS Project
2 4 (4.08%) MS PowerPoint
3 3 (3.06%) MS Excel
3 3 (3.06%) MS Visio
4 1 (1.02%) Spreadsheet
Business Applications
1 2 (2.04%) Beauchamp
2 1 (1.02%) Eikon
Cloud Services
1 1 (1.02%) Adobe Analytics
Database & Business Intelligence
1 4 (4.08%) SQL Server
2 2 (2.04%) Relational Database
3 1 (1.02%) Apache Cassandra
3 1 (1.02%) Apache Hive
3 1 (1.02%) Base SAS
3 1 (1.02%) Data Mining
3 1 (1.02%) Data Warehouse
3 1 (1.02%) DB2
3 1 (1.02%) Hadoop
3 1 (1.02%) Hazelcast
3 1 (1.02%) Impala
3 1 (1.02%) Infinispan
3 1 (1.02%) Oracle Database
3 1 (1.02%) Qlik Sense
3 1 (1.02%) QlikView
3 1 (1.02%) SAS Data Integration Studio
3 1 (1.02%) SAS EBI
3 1 (1.02%) SAS Enterprise Guide
3 1 (1.02%) SAS Enterprise Miner
Development Applications
1 1 (1.02%) Eclipse
1 1 (1.02%) Git (software)
1 1 (1.02%) IntelliJ
1 1 (1.02%) JBehave
1 1 (1.02%) JIRA
1 1 (1.02%) JUnit
1 1 (1.02%) Maven
1 1 (1.02%) TeamCity
General
1 42 (42.86%) Finance
2 16 (16.33%) Retail
3 14 (14.29%) Investment Banking
4 10 (10.20%) Retail Banking
5 5 (5.10%) Corporate Banking
5 5 (5.10%) Front Office
6 3 (3.06%) Back Office
7 1 (1.02%) Billing
Job Titles
1 30 (30.61%) Analyst
2 29 (29.59%) Developer
3 17 (17.35%) Banking Analyst
3 17 (17.35%) Business Analyst
3 17 (17.35%) Project Manager
4 8 (8.16%) Architect
4 8 (8.16%) Banking Business Analyst
4 8 (8.16%) Banking Project Manager
4 8 (8.16%) Data Analyst
5 6 (6.12%) Java Developer
6 4 (4.08%) HTML Developer
6 4 (4.08%) JavaScript Developer
6 4 (4.08%) Lead Developer
6 4 (4.08%) Solutions Architect
6 4 (4.08%) XML Developer
6 4 (4.08%) XML XSLT Developer
7 3 (3.06%) Angular Developer
7 3 (3.06%) Front End Developer (Client-Side Developer)
7 3 (3.06%) IT Manager
7 3 (3.06%) Teradata Analyst
Libraries, Frameworks & Software Standards
1 6 (6.12%) XML
2 5 (5.10%) HTML
2 5 (5.10%) HTML5
2 5 (5.10%) jQuery
2 5 (5.10%) XSLT
3 4 (4.08%) AngularJS
3 4 (4.08%) CSS
3 4 (4.08%) Middleware
3 4 (4.08%) REST
3 4 (4.08%) Spring
3 4 (4.08%) XSD
4 3 (3.06%) Ajax
4 3 (3.06%) CSS3
4 3 (3.06%) JSON
4 3 (3.06%) Twitter Bootstrap
5 2 (2.04%) Kafka
5 2 (2.04%) Spring Integration
6 1 (1.02%) Akka
6 1 (1.02%) Drools
6 1 (1.02%) JPA
Miscellaneous
1 22 (22.45%) Analytical Skills
2 5 (5.10%) Data Extraction
3 4 (4.08%) Mainframe
3 4 (4.08%) User Experience
4 3 (3.06%) Reference Data
5 2 (2.04%) Credit Risk
5 2 (2.04%) Data Structures
5 2 (2.04%) Derivative
5 2 (2.04%) Equities
5 2 (2.04%) PMI
6 1 (1.02%) Fixed Income
6 1 (1.02%) Foreign Exchange (FX)
6 1 (1.02%) Management Information System
6 1 (1.02%) OTC Derivatives
6 1 (1.02%) Tandem
6 1 (1.02%) Virtual Team
6 1 (1.02%) Visualisation
Operating Systems
1 15 (15.31%) Unix
2 12 (12.24%) Linux
3 8 (8.16%) Windows
4 4 (4.08%) Windows Server
5 1 (1.02%) AIX
5 1 (1.02%) Android
5 1 (1.02%) Apple iOS
5 1 (1.02%) Red Hat Enterprise Linux
Processes & Methodologies
1 28 (28.57%) Agile Software Development
2 22 (22.45%) Stakeholder Management
3 16 (16.33%) Project Management
4 12 (12.24%) Matrix Organization
5 10 (10.20%) Business Analysis
6 8 (8.16%) Migration
7 7 (7.14%) Change Management
8 6 (6.12%) Analytics
8 6 (6.12%) Data Analysis
8 6 (6.12%) Risk Management
8 6 (6.12%) Scrum
9 5 (5.10%) Release Management
9 5 (5.10%) SDLC
10 4 (4.08%) Continuous Integration
10 4 (4.08%) Multithreading
10 4 (4.08%) Project Planning
10 4 (4.08%) TDD
10 4 (4.08%) Test Scripting
10 4 (4.08%) TOGAF
10 4 (4.08%) Validation
Programming Languages
1 21 (21.43%) Java
1 21 (21.43%) SQL
2 11 (11.22%) JavaScript
3 4 (4.08%) XPath
3 4 (4.08%) XQuery
4 3 (3.06%) Scala
4 3 (3.06%) VBA
5 2 (2.04%) Clojure
5 2 (2.04%) Shell Script
6 1 (1.02%) C
6 1 (1.02%) C#
6 1 (1.02%) PHP
6 1 (1.02%) PowerShell
6 1 (1.02%) Python
6 1 (1.02%) R
6 1 (1.02%) Tcl
Qualifications
1 4 (4.08%) Degree
2 2 (2.04%) PMI Certification
Quality Assurance & Compliance
1 2 (2.04%) FATCA
2 1 (1.02%) Data Quality
2 1 (1.02%) QA
2 1 (1.02%) Sarbanes-Oxley
System Software
1 2 (2.04%) Docker
2 1 (1.02%) Active Directory
2 1 (1.02%) Platform Symphony
Systems Management
1 2 (2.04%) HP Quality Center
2 1 (1.02%) Opscode Chef
2 1 (1.02%) Tivoli
Vendors
1 6 (6.12%) Microsoft
2 5 (5.10%) Teradata
3 4 (4.08%) Fundtech
4 3 (3.06%) Google
4 3 (3.06%) Oracle
5 2 (2.04%) Charles River
5 2 (2.04%) Fidessa
5 2 (2.04%) IBM
5 2 (2.04%) Pega
5 2 (2.04%) TIBCO
6 1 (1.02%) Avaloq
6 1 (1.02%) Bloomberg
6 1 (1.02%) Calypso
6 1 (1.02%) DataSynapse
6 1 (1.02%) HP
6 1 (1.02%) Linedata
6 1 (1.02%) Perforce
6 1 (1.02%) Red Hat
6 1 (1.02%) Reuters
6 1 (1.02%) Splunk