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 27 May 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
27 May 2016
Same period 2015 Same period 2014
Banking
Rank 2 3 3
Rank change year-on-year
+1 0
Contract jobs citing Banking 34 40 20
As % of all contract IT jobs located in Canary Wharf 29.82% 24.84% 18.18%
As % of the General category 44.16% 34.48% 25.97%
Number of daily rates quoted 31 33 12
Median daily rate £500 £525 £550
Median daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £350 £400 £289
10% offered a daily rate of more than £650 £620 £648
UK excluding London median daily rate £413 £413 £400
% change year-on-year
- +3.12%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.82 £10.44 £14.50
% change year-on-year
-5.98% -28.00%
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
77 116 77
As % of all contract IT jobs located in Canary Wharf 67.54% 72.05% 70.00%
Number of daily rates quoted 69 75 49
Median daily rate £493 £520 £450
Median daily rate % change year-on-year
-5.28% +15.55%
90% offered a daily rate of more than £325 £316 £282
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 2 0
Median hourly rate - £12.50 -
UK excluding London median hourly rate £25.06 £24.00 £25.00
% change year-on-year
+4.41% -4.00%

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 27 May 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 27 May 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 27 (40.30%) Finance
2 19 (28.36%) Agile Software Development
3 18 (26.87%) Investment Banking
4 16 (23.88%) Stakeholder Management
5 14 (20.90%) Java
5 14 (20.90%) SQL
6 12 (17.91%) Project Management
7 9 (13.43%) Spring
7 9 (13.43%) Retail
8 8 (11.94%) SQL Server
8 8 (11.94%) Windows
8 8 (11.94%) Front Office
9 7 (10.45%) TDD
9 7 (10.45%) Scrum
9 7 (10.45%) Linux
9 7 (10.45%) Business Analysis
10 6 (8.96%) REST
10 6 (8.96%) Microsoft
10 6 (8.96%) J2EE
10 6 (8.96%) C#
10 6 (8.96%) Hibernate
10 6 (8.96%) Analytical Skills
10 6 (8.96%) SDLC
11 5 (7.46%) DevOps
11 5 (7.46%) Migration
11 5 (7.46%) Change Management
11 5 (7.46%) .NET
11 5 (7.46%) PRINCE2
11 5 (7.46%) Data Modelling
11 5 (7.46%) Corporate Banking

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 (5.97%) MS Project Server
1 4 (5.97%) WebSphere
2 3 (4.48%) Apache
2 3 (4.48%) Apache Spark
2 3 (4.48%) SAS
2 3 (4.48%) SharePoint
3 2 (2.99%) Mule
4 1 (1.49%) MQSeries
4 1 (1.49%) SharePoint 2013
Applications
1 4 (5.97%) MS Office
1 4 (5.97%) MS Project
2 3 (4.48%) MS Excel
3 2 (2.99%) MS PowerPoint
3 2 (2.99%) MS Visio
Business Applications
1 1 (1.49%) Eikon
Cloud Services
1 1 (1.49%) Microsoft Azure
1 1 (1.49%) Office 365
Database & Business Intelligence
1 8 (11.94%) SQL Server
2 4 (5.97%) Data Warehouse
3 3 (4.48%) Apache Hive
3 3 (4.48%) Big Data
3 3 (4.48%) DB2
3 3 (4.48%) Hadoop
3 3 (4.48%) HBase
3 3 (4.48%) MySQL
3 3 (4.48%) QlikView
4 1 (1.49%) Data Mining
4 1 (1.49%) MS Access
4 1 (1.49%) OLTP
4 1 (1.49%) Relational Database
4 1 (1.49%) SQL Server Analysis Services
4 1 (1.49%) SQL Server Integration Services
4 1 (1.49%) SQL Server Reporting Services
Development Applications
1 2 (2.99%) Artifactory
1 2 (2.99%) Jenkins
1 2 (2.99%) SpecFlow
1 2 (2.99%) Team Foundation Server
2 1 (1.49%) Git (software)
General
1 27 (40.30%) Finance
2 18 (26.87%) Investment Banking
3 9 (13.43%) Retail
4 8 (11.94%) Front Office
5 5 (7.46%) Corporate Banking
6 4 (5.97%) Back Office
6 4 (5.97%) Retail Banking
7 1 (1.49%) Financial Institution
7 1 (1.49%) General Ledger
7 1 (1.49%) Marketing
Job Titles
1 21 (31.34%) Developer
2 14 (20.90%) Analyst
3 9 (13.43%) Architect
3 9 (13.43%) Banking Analyst
4 8 (11.94%) Business Analyst
5 7 (10.45%) Project Manager
6 6 (8.96%) Banking Project Manager
6 6 (8.96%) Java Developer
7 5 (7.46%) Banking Business Analyst
7 5 (7.46%) C# Developer
8 4 (5.97%) Data Architect
8 4 (5.97%) IT Manager
8 4 (5.97%) IT Project Manager
8 4 (5.97%) PRINCE2 Project Manager
8 4 (5.97%) SQL Developer
8 4 (5.97%) Stakeholder Manager
9 3 (4.48%) Business Change Manager
9 3 (4.48%) Lead Developer
9 3 (4.48%) Senior Developer
9 3 (4.48%) Solutions Architect
Libraries, Frameworks & Software Standards
1 9 (13.43%) Spring
2 6 (8.96%) Hibernate
2 6 (8.96%) J2EE
2 6 (8.96%) REST
3 5 (7.46%) .NET
4 3 (4.48%) Drools
4 3 (4.48%) FIX Protocol
4 3 (4.48%) JMS
4 3 (4.48%) JPA
4 3 (4.48%) jQuery
4 3 (4.48%) JSON
4 3 (4.48%) Spring MVC
4 3 (4.48%) Spring Security
5 2 (2.99%) ASP.NET
5 2 (2.99%) GWT
5 2 (2.99%) Middleware
5 2 (2.99%) Spring Integration
5 2 (2.99%) WebSphere MQ
5 2 (2.99%) WPF
5 2 (2.99%) XML
Miscellaneous
1 6 (8.96%) Analytical Skills
2 4 (5.97%) PMI
3 3 (4.48%) Credit Risk
3 3 (4.48%) Equities
4 2 (2.99%) Derivative
4 2 (2.99%) Visualisation
5 1 (1.49%) Computer Science
5 1 (1.49%) Data Extraction
5 1 (1.49%) Data Integration
5 1 (1.49%) Equity Derivative
5 1 (1.49%) Fintech
5 1 (1.49%) Fixed Income
5 1 (1.49%) Mainframe
5 1 (1.49%) User Experience
Operating Systems
1 8 (11.94%) Windows
2 7 (10.45%) Linux
3 4 (5.97%) Unix
4 2 (2.99%) AIX
4 2 (2.99%) Windows Server
5 1 (1.49%) Red Hat Enterprise Linux
5 1 (1.49%) Windows 7
5 1 (1.49%) Windows Server 2003
Processes & Methodologies
1 19 (28.36%) Agile Software Development
2 16 (23.88%) Stakeholder Management
3 12 (17.91%) Project Management
4 7 (10.45%) Business Analysis
4 7 (10.45%) Scrum
4 7 (10.45%) TDD
5 6 (8.96%) SDLC
6 5 (7.46%) Change Management
6 5 (7.46%) Data Modelling
6 5 (7.46%) DevOps
6 5 (7.46%) Migration
6 5 (7.46%) PRINCE2
7 4 (5.97%) Budget Control
7 4 (5.97%) Data Management
7 4 (5.97%) Multithreading
7 4 (5.97%) MVC
7 4 (5.97%) Software Engineering
7 4 (5.97%) UML
8 3 (4.48%) BDD
8 3 (4.48%) Data Migration
Programming Languages
1 14 (20.90%) Java
1 14 (20.90%) SQL
2 6 (8.96%) C#
3 4 (5.97%) Shell Script
4 3 (4.48%) C++
4 3 (4.48%) JavaScript
4 3 (4.48%) Scala
4 3 (4.48%) Tcl
5 2 (2.99%) C
5 2 (2.99%) PHP
5 2 (2.99%) Python
5 2 (2.99%) VB
6 1 (1.49%) Perl
6 1 (1.49%) PowerShell
6 1 (1.49%) VB.NET
6 1 (1.49%) VC++
6 1 (1.49%) XAML
Qualifications
1 4 (5.97%) PMI Certification
2 3 (4.48%) Degree
3 1 (1.49%) MCP
3 1 (1.49%) MCSE
3 1 (1.49%) Microsoft Certification
Quality Assurance & Compliance
1 1 (1.49%) Data Quality
1 1 (1.49%) Dodd-Frank
1 1 (1.49%) FATCA
1 1 (1.49%) MiFID
1 1 (1.49%) Sarbanes-Oxley
System Software
1 3 (4.48%) HDFS
2 2 (2.99%) Active Directory
2 2 (2.99%) Docker
Systems Management
1 2 (2.99%) Ansible
1 2 (2.99%) Opscode Chef
1 2 (2.99%) Puppet
Vendors
1 6 (8.96%) Microsoft
2 4 (5.97%) Fidessa
3 3 (4.48%) Oracle
4 2 (2.99%) Google
4 2 (2.99%) IBM
4 2 (2.99%) Pega
4 2 (2.99%) TIBCO
5 1 (1.49%) Avaloq
5 1 (1.49%) Bloomberg
5 1 (1.49%) FactSet
5 1 (1.49%) Informatica
5 1 (1.49%) Infragistics
5 1 (1.49%) MuleSoft
5 1 (1.49%) Red Hat
5 1 (1.49%) Reuters
5 1 (1.49%) ServiceNow
5 1 (1.49%) Splunk
5 1 (1.49%) Sybase
5 1 (1.49%) Teradata