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 24 February 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
24 Feb 2017
Same period 2016 Same period 2015
Banking
London / Canary Wharf
Rank 2 2 10
Rank change year-on-year
0 +8
Contract jobs citing Banking 46 33 13
As % of all contract IT jobs located in Canary Wharf 36.80% 26.83% 13.83%
As % of the General category 48.94% 35.87% 20.31%
Number of daily rates quoted 30 24 7
Median daily rate £575 £500 £450
Median daily rate % change year-on-year
+15.00% +11.11%
90% offered a daily rate of more than £367 £383 £420
10% offered a daily rate of more than £650 £696 £525
UK excluding London median daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.96 £11.75 £10.44
% change year-on-year
+10.31% +12.54%

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
94 92 64
As % of all contract IT jobs located in Canary Wharf 75.20% 74.80% 68.09%
Number of daily rates quoted 62 72 51
Median daily rate £550 £500 £450
Median daily rate % change year-on-year
+10.00% +11.11%
90% offered a daily rate of more than £290 £275 £355
10% offered a daily rate of more than £650 £700 £600
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 1 2 0
Median hourly rate £47.50 £29.00 -
Median hourly rate % change year-on-year
+63.79% -
UK excluding London median hourly rate £27.00 £31.50 £22.85
% change year-on-year
-14.28% +37.85%

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 24 February 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 24 February 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 (63.33%) Finance
2 35 (38.89%) Investment Banking
3 26 (28.89%) Java
4 24 (26.67%) Agile Software Development
5 20 (22.22%) SQL
6 14 (15.56%) Front Office
6 14 (15.56%) Linux
7 12 (13.33%) JavaScript
8 11 (12.22%) HTML
8 11 (12.22%) Unix
8 11 (12.22%) Stakeholder Management
8 11 (12.22%) Retail
8 11 (12.22%) Degree
8 11 (12.22%) SDLC
9 10 (11.11%) Derivative
9 10 (11.11%) XML
9 10 (11.11%) Python
10 9 (10.00%) Microsoft
10 9 (10.00%) SOAP
10 9 (10.00%) Risk Management
10 9 (10.00%) Analytical Skills
11 8 (8.89%) DevOps
11 8 (8.89%) Jenkins
11 8 (8.89%) Scala
11 8 (8.89%) Project Management
11 8 (8.89%) Oracle
11 8 (8.89%) DB2
11 8 (8.89%) IBM
12 7 (7.78%) CSS
12 7 (7.78%) 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 4 (4.44%) WebSphere
2 3 (3.33%) Apache
2 3 (3.33%) IIS
2 3 (3.33%) JBoss
2 3 (3.33%) Tomcat
3 2 (2.22%) Apache Spark
3 2 (2.22%) DataSynapse
3 2 (2.22%) Mule
3 2 (2.22%) Oracle Coherence
3 2 (2.22%) SharePoint
3 2 (2.22%) WebSphere Application Server
4 1 (1.11%) Adobe Experience Manager
4 1 (1.11%) Oracle HTTP Server
Applications
1 7 (7.78%) MS PowerPoint
2 6 (6.67%) MS Visio
3 5 (5.56%) MS Excel
3 5 (5.56%) MS Office
4 4 (4.44%) MS Project
Business Applications
1 1 (1.11%) Eikon
Cloud Services
1 4 (4.44%) PaaS
2 1 (1.11%) Adobe Analytics
2 1 (1.11%) Amazon AWS
2 1 (1.11%) IaaS
2 1 (1.11%) Microsoft Azure
2 1 (1.11%) SaaS
2 1 (1.11%) Taleo
Communications & Networking
1 2 (2.22%) FTP
1 2 (2.22%) Intrusion Detection
1 2 (2.22%) Network Security
1 2 (2.22%) TACACS
1 2 (2.22%) TCP/IP
2 1 (1.11%) FCoE
2 1 (1.11%) Fibre Channel
2 1 (1.11%) HTTP
2 1 (1.11%) Internet
2 1 (1.11%) iSCSI
2 1 (1.11%) LAN
2 1 (1.11%) LDAP
2 1 (1.11%) Multicast
2 1 (1.11%) NAS
2 1 (1.11%) SAN
2 1 (1.11%) WAN
2 1 (1.11%) X.509
Database & Business Intelligence
1 8 (8.89%) DB2
2 7 (7.78%) Relational Database
3 6 (6.67%) Big Data
3 6 (6.67%) MongoDB
4 5 (5.56%) NoSQL
5 4 (4.44%) Apache Cassandra
6 3 (3.33%) Data Mining
6 3 (3.33%) HBase
6 3 (3.33%) SQL Server
7 2 (2.22%) Qlik Sense
8 1 (1.11%) BusinessObjects
8 1 (1.11%) Data Warehouse
8 1 (1.11%) Hazelcast
8 1 (1.11%) Impala
8 1 (1.11%) Infinispan
8 1 (1.11%) MySQL
8 1 (1.11%) PostgreSQL
8 1 (1.11%) QlikView
8 1 (1.11%) RDBMS
8 1 (1.11%) SQL Server 2000
Development Applications
1 8 (8.89%) Jenkins
2 6 (6.67%) Git (software)
3 4 (4.44%) Gradle
4 3 (3.33%) JIRA
4 3 (3.33%) JUnit
4 3 (3.33%) Maven
5 2 (2.22%) Ant
5 2 (2.22%) NUnit
5 2 (2.22%) TeamCity
6 1 (1.11%) Concordion
6 1 (1.11%) Cucumber
6 1 (1.11%) FitNesse
6 1 (1.11%) Grunt
6 1 (1.11%) Hudson
6 1 (1.11%) Jasmine
6 1 (1.11%) JBehave
6 1 (1.11%) Karma Test Runner
6 1 (1.11%) Mockito
6 1 (1.11%) Spock
6 1 (1.11%) Subversion
General
1 57 (63.33%) Finance
2 35 (38.89%) Investment Banking
3 14 (15.56%) Front Office
4 11 (12.22%) Retail
5 3 (3.33%) International Banking
5 3 (3.33%) Retail Banking
6 2 (2.22%) Back Office
6 2 (2.22%) Legal
7 1 (1.11%) Prime Brokerage
Job Titles
1 27 (30.00%) Developer
2 22 (24.44%) Analyst
3 16 (17.78%) Java Developer
4 15 (16.67%) Business Analyst
5 11 (12.22%) Project Manager
6 10 (11.11%) Banking Analyst
7 9 (10.00%) Architect
7 9 (10.00%) Investment Banking Java Developer
8 6 (6.67%) Banking Business Analyst
8 6 (6.67%) Front Office Developer
9 5 (5.56%) Consultant
9 5 (5.56%) Core Java Developer
9 5 (5.56%) Java Scala Developer
9 5 (5.56%) Scala Developer
10 4 (4.44%) C# Developer
10 4 (4.44%) HTML Developer
10 4 (4.44%) Platform Architect
10 4 (4.44%) Senior Consultant
10 4 (4.44%) SQL Developer
11 3 (3.33%) Unix Systems Engineer
Libraries, Frameworks & Software Standards
1 11 (12.22%) HTML
2 10 (11.11%) XML
3 9 (10.00%) SOAP
4 7 (7.78%) AngularJS
4 7 (7.78%) CSS
4 7 (7.78%) HTML5
4 7 (7.78%) JSON
5 6 (6.67%) Spring
6 5 (5.56%) Middleware
6 5 (5.56%) REST
7 4 (4.44%) .NET
7 4 (4.44%) J2EE
7 4 (4.44%) jQuery
8 3 (3.33%) Protocol Buffers
9 2 (2.22%) Akka
9 2 (2.22%) Apache Avro
9 2 (2.22%) CSS3
9 2 (2.22%) Kafka
9 2 (2.22%) Web Services
9 2 (2.22%) XSLT
Miscellaneous
1 10 (11.11%) Derivative
2 9 (10.00%) Analytical Skills
3 6 (6.67%) Data Structures
3 6 (6.67%) Fixed Income
4 5 (5.56%) Computer Science
4 5 (5.56%) Reference Data
4 5 (5.56%) User Experience
5 4 (4.44%) Foreign Exchange (FX)
5 4 (4.44%) Management Information System
5 4 (4.44%) Market Risk
5 4 (4.44%) Virtual Team
6 3 (3.33%) Algorithms
6 3 (3.33%) Equities
7 2 (2.22%) DataPower
7 2 (2.22%) Grid Computing
7 2 (2.22%) iPhone
7 2 (2.22%) iSeries
7 2 (2.22%) Security Operations Centre
7 2 (2.22%) Tandem
8 1 (1.11%) Credit Derivative
Operating Systems
1 14 (15.56%) Linux
2 11 (12.22%) Unix
3 6 (6.67%) Android
4 5 (5.56%) Apple iOS
4 5 (5.56%) Windows
5 2 (2.22%) OpenVMS
6 1 (1.11%) Solaris
6 1 (1.11%) Windows Server
Processes & Methodologies
1 24 (26.67%) Agile Software Development
2 11 (12.22%) SDLC
2 11 (12.22%) Stakeholder Management
3 9 (10.00%) Risk Management
4 8 (8.89%) DevOps
4 8 (8.89%) Project Management
5 7 (7.78%) OO
6 5 (5.56%) Continuous Integration
6 5 (5.56%) Data Modelling
6 5 (5.56%) Electronic Trading
6 5 (5.56%) Mentoring
6 5 (5.56%) Multithreading
6 5 (5.56%) Test Strategy
6 5 (5.56%) Validation
7 4 (4.44%) Analytics
7 4 (4.44%) Enterprise Architecture
7 4 (4.44%) Functional Testing
7 4 (4.44%) Low Latency
7 4 (4.44%) Scrum
7 4 (4.44%) Wireframes
Programming Languages
1 26 (28.89%) Java
2 20 (22.22%) SQL
3 12 (13.33%) JavaScript
4 10 (11.11%) Python
5 8 (8.89%) Scala
6 4 (4.44%) C#
6 4 (4.44%) C++
6 4 (4.44%) Shell Script
7 3 (3.33%) Bash Shell
7 3 (3.33%) PHP
7 3 (3.33%) Ruby
8 2 (2.22%) C
8 2 (2.22%) Perl
9 1 (1.11%) Clojure
9 1 (1.11%) Korn
9 1 (1.11%) PowerShell
9 1 (1.11%) T-SQL
9 1 (1.11%) XPath
Qualifications
1 11 (12.22%) Degree
Quality Assurance & Compliance
1 6 (6.67%) MiFID
2 4 (4.44%) FATCA
3 3 (3.33%) EMIR
4 2 (2.22%) Dodd-Frank
4 2 (2.22%) PCI DSS
5 1 (1.11%) QA
System Software
1 3 (3.33%) Docker
2 2 (2.22%) RACF
3 1 (1.11%) Hyper-V
3 1 (1.11%) KVM
3 1 (1.11%) NFS
3 1 (1.11%) Oracle RAC
3 1 (1.11%) Platform Symphony
3 1 (1.11%) SRDF
3 1 (1.11%) VMware Infrastructure
3 1 (1.11%) Xen
Systems Management
1 4 (4.44%) Ansible
2 3 (3.33%) HP Quality Center
2 3 (3.33%) Puppet
3 1 (1.11%) MOM
3 1 (1.11%) Nagios
3 1 (1.11%) OPNET
3 1 (1.11%) Opscode Chef
Vendors
1 9 (10.00%) Microsoft
2 8 (8.89%) IBM
2 8 (8.89%) Oracle
3 6 (6.67%) Sybase
4 4 (4.44%) SAP
5 3 (3.33%) HP
5 3 (3.33%) Symantec
5 3 (3.33%) Veritas
6 2 (2.22%) Adobe
6 2 (2.22%) Cloudera
6 2 (2.22%) Infragistics
6 2 (2.22%) Solace
7 1 (1.11%) AppDynamics
7 1 (1.11%) FactSet
7 1 (1.11%) Fidessa
7 1 (1.11%) Perforce
7 1 (1.11%) Reuters
7 1 (1.11%) Sencha
7 1 (1.11%) TIBCO
7 1 (1.11%) VMware