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 August 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 Aug 2016
Same period 2015 Same period 2014
Banking
Rank 2 6 8
Rank change year-on-year
+4 +2
Contract jobs citing Banking 61 30 14
As % of all contract IT jobs located in Canary Wharf 40.13% 16.13% 12.28%
As % of the General category 54.95% 22.73% 16.09%
Number of daily rates quoted 43 24 9
Median daily rate £400 £513 £500
Median daily rate % change year-on-year
-21.95% +2.50%
90% offered a daily rate of more than £325 £325 £360
10% offered a daily rate of more than £503 £611 £605
UK excluding London median daily rate £420 £405 £400
% change year-on-year
+3.70% +1.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £29.50 £12.75 £17.25
% change year-on-year
+131.37% -26.08%
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
111 132 87
As % of all contract IT jobs located in Canary Wharf 73.03% 70.97% 76.32%
Number of daily rates quoted 81 99 39
Median daily rate £425 £475 £450
Median daily rate % change year-on-year
-10.52% +5.55%
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £575 £560 £600
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 1 3 9
Median hourly rate £12.00 £25.00 £18.00
Median hourly rate % change year-on-year
-52.00% +38.88%
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year
-20.00% +11.11%

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 August 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 August 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 38 (40.00%) Finance
2 32 (33.68%) Agile Software Development
3 23 (24.21%) Java
4 22 (23.16%) Analytical Skills
5 21 (22.11%) SQL
5 21 (22.11%) Stakeholder Management
6 16 (16.84%) Project Management
6 16 (16.84%) Unix
7 14 (14.74%) Linux
8 12 (12.63%) Retail
8 12 (12.63%) Matrix Organization
9 11 (11.58%) Investment Banking
9 11 (11.58%) Business Analysis
9 11 (11.58%) Scrum
10 9 (9.47%) JavaScript
11 8 (8.42%) Spring
11 8 (8.42%) TDD
11 8 (8.42%) Retail Banking
11 8 (8.42%) REST
12 7 (7.37%) Migration
12 7 (7.37%) SQL Server
12 7 (7.37%) Windows
12 7 (7.37%) Microsoft
12 7 (7.37%) SDLC
12 7 (7.37%) Functional Programming
13 6 (6.32%) UML
13 6 (6.32%) MS Project
13 6 (6.32%) XML
13 6 (6.32%) Teradata
13 6 (6.32%) Multithreading

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 (5.26%) Apache
1 5 (5.26%) SAS
1 5 (5.26%) WebSphere
2 4 (4.21%) MS Project Server
2 4 (4.21%) SharePoint
3 3 (3.16%) Apache Spark
4 2 (2.11%) Mule
5 1 (1.05%) SharePoint 2013
Applications
1 6 (6.32%) MS Project
2 5 (5.26%) MS Office
3 3 (3.16%) MS PowerPoint
4 2 (2.11%) MS Excel
4 2 (2.11%) MS Visio
5 1 (1.05%) Spreadsheet
Business Applications
1 2 (2.11%) Beauchamp
2 1 (1.05%) Eikon
Cloud Services
1 1 (1.05%) Microsoft Azure
1 1 (1.05%) Office 365
Database & Business Intelligence
1 7 (7.37%) SQL Server
2 4 (4.21%) Apache Hive
2 4 (4.21%) Hadoop
3 3 (3.16%) Big Data
3 3 (3.16%) HBase
3 3 (3.16%) MySQL
4 2 (2.11%) Data Warehouse
4 2 (2.11%) DB2
4 2 (2.11%) Relational Database
5 1 (1.05%) Base SAS
5 1 (1.05%) Data Mining
5 1 (1.05%) Impala
5 1 (1.05%) OLTP
5 1 (1.05%) Oracle Database
5 1 (1.05%) SAS Data Integration Studio
5 1 (1.05%) SAS EBI
5 1 (1.05%) SAS Enterprise Guide
5 1 (1.05%) SAS Enterprise Miner
Development Applications
1 2 (2.11%) Artifactory
1 2 (2.11%) Jenkins
1 2 (2.11%) SpecFlow
1 2 (2.11%) Team Foundation Server
2 1 (1.05%) Eclipse
2 1 (1.05%) Git (software)
2 1 (1.05%) IntelliJ
2 1 (1.05%) JBehave
2 1 (1.05%) JIRA
2 1 (1.05%) JUnit
2 1 (1.05%) Maven
2 1 (1.05%) TeamCity
General
1 38 (40.00%) Finance
2 12 (12.63%) Retail
3 11 (11.58%) Investment Banking
4 8 (8.42%) Retail Banking
5 5 (5.26%) Corporate Banking
5 5 (5.26%) Front Office
6 2 (2.11%) Back Office
7 1 (1.05%) Billing
Job Titles
1 32 (33.68%) Developer
2 24 (25.26%) Analyst
3 15 (15.79%) Banking Analyst
3 15 (15.79%) Project Manager
4 13 (13.68%) Business Analyst
5 11 (11.58%) Architect
6 9 (9.47%) Banking Project Manager
7 8 (8.42%) Data Analyst
8 7 (7.37%) Java Developer
8 7 (7.37%) Lead Developer
9 6 (6.32%) Banking Business Analyst
10 5 (5.26%) IT Manager
10 5 (5.26%) IT Project Manager
10 5 (5.26%) Solutions Architect
11 4 (4.21%) JavaScript Developer
11 4 (4.21%) PRINCE2 Project Manager
11 4 (4.21%) Scala Developer
11 4 (4.21%) Stakeholder Manager
11 4 (4.21%) XML Developer
11 4 (4.21%) XML XSLT Developer
Libraries, Frameworks & Software Standards
1 8 (8.42%) REST
1 8 (8.42%) Spring
2 6 (6.32%) XML
3 5 (5.26%) Hibernate
3 5 (5.26%) XSLT
4 4 (4.21%) HTML
4 4 (4.21%) HTML5
4 4 (4.21%) J2EE
4 4 (4.21%) jQuery
4 4 (4.21%) XSD
5 3 (3.16%) Ajax
5 3 (3.16%) AngularJS
5 3 (3.16%) CSS
5 3 (3.16%) CSS3
5 3 (3.16%) JSON
5 3 (3.16%) Twitter Bootstrap
6 2 (2.11%) .NET
6 2 (2.11%) JMS
6 2 (2.11%) Middleware
6 2 (2.11%) Spring MVC
Miscellaneous
1 22 (23.16%) Analytical Skills
2 5 (5.26%) Data Extraction
3 4 (4.21%) Mainframe
3 4 (4.21%) PMI
3 4 (4.21%) User Experience
4 2 (2.11%) Credit Risk
4 2 (2.11%) Derivative
4 2 (2.11%) Virtual Team
5 1 (1.05%) Equities
5 1 (1.05%) Equity Derivative
5 1 (1.05%) OTC Derivatives
5 1 (1.05%) Tandem
Operating Systems
1 16 (16.84%) Unix
2 14 (14.74%) Linux
3 7 (7.37%) Windows
4 4 (4.21%) Windows Server
5 2 (2.11%) AIX
6 1 (1.05%) Red Hat Enterprise Linux
Processes & Methodologies
1 32 (33.68%) Agile Software Development
2 21 (22.11%) Stakeholder Management
3 16 (16.84%) Project Management
4 12 (12.63%) Matrix Organization
5 11 (11.58%) Business Analysis
5 11 (11.58%) Scrum
6 8 (8.42%) TDD
7 7 (7.37%) Functional Programming
7 7 (7.37%) Migration
7 7 (7.37%) SDLC
8 6 (6.32%) Data Analysis
8 6 (6.32%) Multithreading
8 6 (6.32%) UML
9 5 (5.26%) Analytics
9 5 (5.26%) DevOps
9 5 (5.26%) PRINCE2
10 4 (4.21%) Change Management
10 4 (4.21%) CRM
10 4 (4.21%) Data Security
10 4 (4.21%) SOA
Programming Languages
1 23 (24.21%) Java
2 21 (22.11%) SQL
3 9 (9.47%) JavaScript
4 5 (5.26%) Scala
5 4 (4.21%) XPath
5 4 (4.21%) XQuery
6 3 (3.16%) C#
6 3 (3.16%) VBA
7 2 (2.11%) Clojure
7 2 (2.11%) Shell Script
8 1 (1.05%) C
8 1 (1.05%) C++
8 1 (1.05%) PHP
8 1 (1.05%) PowerShell
8 1 (1.05%) Python
8 1 (1.05%) R
8 1 (1.05%) Tcl
8 1 (1.05%) VB.NET
8 1 (1.05%) XAML
Qualifications
1 4 (4.21%) Degree
1 4 (4.21%) PMI Certification
Quality Assurance & Compliance
1 1 (1.05%) Data Quality
1 1 (1.05%) FATCA
1 1 (1.05%) QA
1 1 (1.05%) Sarbanes-Oxley
System Software
1 4 (4.21%) Docker
2 3 (3.16%) HDFS
3 1 (1.05%) Active Directory
Systems Management
1 3 (3.16%) Opscode Chef
2 2 (2.11%) Ansible
2 2 (2.11%) Puppet
3 1 (1.05%) HP Quality Center
3 1 (1.05%) Tivoli
Vendors
1 7 (7.37%) Microsoft
2 6 (6.32%) Teradata
3 4 (4.21%) Fundtech
3 4 (4.21%) Google
3 4 (4.21%) Oracle
4 3 (3.16%) IBM
5 2 (2.11%) Charles River
5 2 (2.11%) Fidessa
5 2 (2.11%) Pega
5 2 (2.11%) TIBCO
6 1 (1.05%) Bloomberg
6 1 (1.05%) Calypso
6 1 (1.05%) Cloudera
6 1 (1.05%) FactSet
6 1 (1.05%) HP
6 1 (1.05%) Infragistics
6 1 (1.05%) Linedata
6 1 (1.05%) Perforce
6 1 (1.05%) Reuters
6 1 (1.05%) Splunk