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 average contractor rates offered in IT contracts that have cited Banking over the 3 months to 22 December 2014 with a comparison to the same period in 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.

Location
3 months to
22 Dec 2014
Same period 2013 Same period 2012
Banking
Rank 10 3 1
Rank change year-on-year
-7 -2
Contract jobs citing Banking 14 47 179
As % of all contract IT jobs located in Canary Wharf 12.61% 25.68% 48.91%
As % of the General category 17.72% 35.61% 63.48%
Number of daily rates quoted 10 36 124
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £525 £550
Average daily rate % change year-on-year
-9.52% -4.54%
90% offered a daily rate of more than £179 £425 £450
10% offered a daily rate of more than £583 £570 £600
UK excluding London average daily rate £415 £388 £375
% change year-on-year
+7.09% +3.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.22 £11.50 £15.00
% change year-on-year
-11.13% -23.33%
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
79 132 282
As % of all contract IT jobs located in Canary Wharf 71.17% 72.13% 77.05%
Number of daily rates quoted 66 96 194
Average daily rate £375 £500 £525
Average daily rate % change year-on-year
-25.00% -4.76%
90% offered a daily rate of more than £220 £363 £405
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £21.50
UK excluding London average hourly rate £22.50 £23.00 £21.94
% change year-on-year
-2.17% +4.84%

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 22 December 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 22 December 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 18 (60.00%) Finance
2 12 (40.00%) Project Management
2 12 (40.00%) Investment Banking
3 7 (23.33%) Microsoft
4 6 (20.00%) MS Project
4 6 (20.00%) Stakeholder Management
4 6 (20.00%) Agile Software Development
5 5 (16.67%) MS Office
5 5 (16.67%) PRINCE2
5 5 (16.67%) MS Excel
5 5 (16.67%) Front Office
5 5 (16.67%) User Acceptance Testing
6 4 (13.33%) Java
6 4 (13.33%) Oracle
6 4 (13.33%) PMI
6 4 (13.33%) PMI Certification
6 4 (13.33%) Change Management
6 4 (13.33%) Business Analysis
6 4 (13.33%) Project Planning
6 4 (13.33%) Degree
6 4 (13.33%) Analytical Skills
7 3 (10.00%) C
7 3 (10.00%) SQL
7 3 (10.00%) SQL Server
7 3 (10.00%) Windows
7 3 (10.00%) UML
7 3 (10.00%) SharePoint
7 3 (10.00%) Foreign Exchange (FX)
7 3 (10.00%) Management Information System
7 3 (10.00%) Back Office

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 22 December 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 3 (10.00%) SharePoint
1 3 (10.00%) MS Project Server
2 1 (3.33%) Oracle Coherence
2 1 (3.33%) Confluence
2 1 (3.33%) Lync
2 1 (3.33%) Adobe CQ
2 1 (3.33%) WebLogic
2 1 (3.33%) IIS
2 1 (3.33%) JBoss
Applications
1 6 (20.00%) MS Project
2 5 (16.67%) MS Office
2 5 (16.67%) MS Excel
3 1 (3.33%) MS Visio
3 1 (3.33%) MS PowerPoint
Business Applications
1 1 (3.33%) SAP HR
1 1 (3.33%) Cognos TM1
Communications & Networking
1 1 (3.33%) LAN
1 1 (3.33%) WAN
1 1 (3.33%) TCP/IP
Database & Business Intelligence
1 3 (10.00%) SQL Server
2 1 (3.33%) OLAP
2 1 (3.33%) Crystal Reports
2 1 (3.33%) Oracle Reports
2 1 (3.33%) Data Warehouse
2 1 (3.33%) RDBMS
2 1 (3.33%) SQLBase
2 1 (3.33%) QlikView
2 1 (3.33%) Oracle Database 11g
2 1 (3.33%) Oracle Database
2 1 (3.33%) Relational Database
Development Applications
1 1 (3.33%) Ant
1 1 (3.33%) Oracle Forms
1 1 (3.33%) Subversion
1 1 (3.33%) Maven
1 1 (3.33%) JIRA
1 1 (3.33%) Selenium
1 1 (3.33%) Atlassian Bamboo
1 1 (3.33%) Git (software)
1 1 (3.33%) WebDriver
1 1 (3.33%) Cucumber
General
1 18 (60.00%) Finance
2 12 (40.00%) Investment Banking
3 5 (16.67%) Front Office
4 3 (10.00%) Back Office
5 2 (6.67%) Retail
5 2 (6.67%) Multimedia
6 1 (3.33%) Retail Banking
6 1 (3.33%) Corporate Banking
6 1 (3.33%) Telecoms
6 1 (3.33%) Legal
6 1 (3.33%) Publishing
Job Titles
1 8 (26.67%) Project Manager
2 4 (13.33%) Developer
2 4 (13.33%) Analyst
3 3 (10.00%) Business Analyst
4 2 (6.67%) Coordinator
4 2 (6.67%) Architect
4 2 (6.67%) Test Manager
4 2 (6.67%) Consultant
4 2 (6.67%) 3rd Line Support
4 2 (6.67%) IT Project Manager
4 2 (6.67%) Project Coordinator
5 1 (3.33%) J2EE Developer
5 1 (3.33%) Project Analyst
5 1 (3.33%) Quantitative Developer
5 1 (3.33%) Delivery Manager
5 1 (3.33%) Data Migration Specialist
5 1 (3.33%) Contracts Manager
5 1 (3.33%) Infrastructure Consultant
5 1 (3.33%) IT Business Analyst
5 1 (3.33%) Exchange Consultant
Libraries, Frameworks & Software Standards
1 2 (6.67%) XML
1 2 (6.67%) XML Messaging
2 1 (3.33%) Boost C++ Libraries
2 1 (3.33%) Swing
2 1 (3.33%) FpML
2 1 (3.33%) .NET
2 1 (3.33%) J2EE
2 1 (3.33%) COM
2 1 (3.33%) EJB
2 1 (3.33%) STL
Miscellaneous
1 4 (13.33%) PMI
1 4 (13.33%) Analytical Skills
2 3 (10.00%) Foreign Exchange (FX)
2 3 (10.00%) Management Information System
2 3 (10.00%) Equities
3 2 (6.67%) Fixed Income
3 2 (6.67%) Mainframe
4 1 (3.33%) Economics
4 1 (3.33%) DTCC
4 1 (3.33%) Computer Science
4 1 (3.33%) Video Conferencing
4 1 (3.33%) Reference Data
4 1 (3.33%) Open Source
4 1 (3.33%) Enterprise Software
Operating Systems
1 3 (10.00%) Windows
2 2 (6.67%) Linux
2 2 (6.67%) UNIX
3 1 (3.33%) Windows Server 2008
3 1 (3.33%) Windows 7
Processes & Methodologies
1 12 (40.00%) Project Management
2 6 (20.00%) Stakeholder Management
2 6 (20.00%) Agile Software Development
3 5 (16.67%) User Acceptance Testing
3 5 (16.67%) PRINCE2
4 4 (13.33%) Change Management
4 4 (13.33%) Project Planning
4 4 (13.33%) Business Analysis
5 3 (10.00%) UML
5 3 (10.00%) Change Control
6 2 (6.67%) Data Architecture
6 2 (6.67%) Analytics
6 2 (6.67%) User Stories
6 2 (6.67%) DevOps
6 2 (6.67%) OO
6 2 (6.67%) Business Intelligence
6 2 (6.67%) Risk Management
6 2 (6.67%) Scrum
6 2 (6.67%) Information Security
6 2 (6.67%) Resource Management
Programming Languages
1 4 (13.33%) Java
2 3 (10.00%) C
2 3 (10.00%) SQL
3 2 (6.67%) Shell Script
4 1 (3.33%) T-SQL
4 1 (3.33%) VBA
4 1 (3.33%) Python
4 1 (3.33%) C++
4 1 (3.33%) PL/SQL
Qualifications
1 4 (13.33%) PMI Certification
1 4 (13.33%) Degree
2 1 (3.33%) PRINCE2 Practitioner
2 1 (3.33%) CISA
2 1 (3.33%) ISEB Practitioner
2 1 (3.33%) ISEB
2 1 (3.33%) CISSP
2 1 (3.33%) PMP
Quality Assurance & Compliance
1 2 (6.67%) QA
2 1 (3.33%) Solvency II
2 1 (3.33%) Sarbanes-Oxley
2 1 (3.33%) GAAP
2 1 (3.33%) ISO/IEC 27001
System Software
1 1 (3.33%) Active Directory
1 1 (3.33%) vSphere
1 1 (3.33%) VMware ESXi
Systems Management
1 1 (3.33%) HP Quality Center
Vendors
1 7 (23.33%) Microsoft
2 4 (13.33%) Oracle
3 1 (3.33%) Sybase
3 1 (3.33%) SAP
3 1 (3.33%) Cognos
3 1 (3.33%) Cisco
3 1 (3.33%) Adobe
3 1 (3.33%) Avaya
3 1 (3.33%) VMware
3 1 (3.33%) Applix
3 1 (3.33%) Atlassian