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 27 March 2015 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
27 Mar 2015
Same period 2014 Same period 2013
Banking
Rank 3 6 1
Rank change year-on-year
+3 -5
Contract jobs citing Banking 25 25 159
As % of all contract IT jobs located in Canary Wharf 20.83% 14.62% 45.43%
As % of the General category 32.05% 20.49% 58.03%
Number of daily rates quoted 13 18 114
Average daily rate
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of your Daily Rate
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£520 £550 £575
Average daily rate % change year-on-year
-5.45% -4.34%
90% offered a daily rate of more than £455 £478 £450
10% offered a daily rate of more than £620 £700 £693
UK excluding London average daily rate £425 £400 £380
% change year-on-year
+6.25% +5.26%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £20.00
UK excluding London average hourly rate £10.44 £10.97 £18.50
% change year-on-year
-4.83% -40.70%
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
78 122 274
As % of all contract IT jobs located in Canary Wharf 65.00% 71.35% 78.29%
Number of daily rates quoted 50 82 216
Average daily rate £500 £525 £550
Average daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £350 £267 £367
10% offered a daily rate of more than £630 £700 £675
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 7 3
Average hourly rate - £28.00 £20.00
Average hourly rate % change year-on-year
- +40.00%
UK excluding London average hourly rate £24.00 £22.50 £27.50
% change year-on-year
+6.66% -18.18%

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 27 March 2015.

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 March 2015, 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 23 (57.50%) Finance
2 19 (47.50%) Investment Banking
3 13 (32.50%) Agile Software Development
4 11 (27.50%) Front Office
5 9 (22.50%) Stakeholder Management
5 9 (22.50%) SQL
5 9 (22.50%) Degree
6 7 (17.50%) QA
6 7 (17.50%) Analytics
6 7 (17.50%) Java
7 6 (15.00%) .NET
7 6 (15.00%) Project Management
8 5 (12.50%) Legal
8 5 (12.50%) Equities
8 5 (12.50%) Retail
8 5 (12.50%) HTML
8 5 (12.50%) Microsoft
8 5 (12.50%) User Acceptance Testing
9 4 (10.00%) Use Case
9 4 (10.00%) Change Control
9 4 (10.00%) Analytical Skills
9 4 (10.00%) Shell Script
9 4 (10.00%) UML
9 4 (10.00%) MS Excel
9 4 (10.00%) MS Office
9 4 (10.00%) CSS
9 4 (10.00%) UNIX
9 4 (10.00%) OO
9 4 (10.00%) C
9 4 (10.00%) C#

Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 27 March 2015, 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 2 (5.00%) SharePoint
1 2 (5.00%) MS Project Server
1 2 (5.00%) Oracle Coherence
2 1 (2.50%) Confluence
2 1 (2.50%) Lync
2 1 (2.50%) WebSphere
2 1 (2.50%) TIBCO EMS
2 1 (2.50%) WebSphere Application Server
2 1 (2.50%) WebLogic
2 1 (2.50%) JBoss
Applications
1 4 (10.00%) MS Office
1 4 (10.00%) MS Excel
2 3 (7.50%) MS Project
3 2 (5.00%) Photoshop
4 1 (2.50%) MS Visio
4 1 (2.50%) MS PowerPoint
Business Applications
1 2 (5.00%) WebTrends
1 2 (5.00%) SiteCatalyst
2 1 (2.50%) BusinessWorks
2 1 (2.50%) Cognos TM1
Cloud Services
1 1 (2.50%) IBM Blueworks
Communications & Networking
1 2 (5.00%) FTP
2 1 (2.50%) TCP/IP
2 1 (2.50%) Firewall
2 1 (2.50%) LAN
2 1 (2.50%) WAN
Database & Business Intelligence
1 2 (5.00%) Oracle Database
2 1 (2.50%) Relational Database
2 1 (2.50%) SQL Server
2 1 (2.50%) OLAP
2 1 (2.50%) Crystal Reports
2 1 (2.50%) Oracle Reports
2 1 (2.50%) Data Warehouse
2 1 (2.50%) RDBMS
2 1 (2.50%) InterSystems Cache
2 1 (2.50%) SQLBase
2 1 (2.50%) Oracle Database 11g
2 1 (2.50%) Hadoop
2 1 (2.50%) Big Data
Development Applications
1 2 (5.00%) JIRA
1 2 (5.00%) Selenium
1 2 (5.00%) Git (software)
1 2 (5.00%) Cucumber
2 1 (2.50%) WebDriver
2 1 (2.50%) Atlassian Bamboo
2 1 (2.50%) Ant
2 1 (2.50%) Rational Rose
2 1 (2.50%) Subversion
2 1 (2.50%) Maven
General
1 23 (57.50%) Finance
2 19 (47.50%) Investment Banking
3 11 (27.50%) Front Office
4 5 (12.50%) Legal
4 5 (12.50%) Retail
5 3 (7.50%) Back Office
6 2 (5.00%) Retail Banking
6 2 (5.00%) Multimedia
7 1 (2.50%) Corporate Banking
7 1 (2.50%) Telecoms
Job Titles
1 12 (30.00%) Developer
2 6 (15.00%) Analyst
2 6 (15.00%) Business Analyst
3 5 (12.50%) Architect
4 4 (10.00%) Project Manager
4 4 (10.00%) Java Developer
5 3 (7.50%) Test Manager
6 2 (5.00%) C# Developer
6 2 (5.00%) Programme Manager
6 2 (5.00%) Solutions Architect
6 2 (5.00%) 3rd Line Support
6 2 (5.00%) Banking Business Analyst
6 2 (5.00%) Programme Test Manager
6 2 (5.00%) Front-End Developer
6 2 (5.00%) Production Manager
7 1 (2.50%) Senior Programme Planner
7 1 (2.50%) TM1 Developer
7 1 (2.50%) Test Leader
7 1 (2.50%) Agile Business Analyst
7 1 (2.50%) C++ Quantitative Developer
Libraries, Frameworks & Software Standards
1 6 (15.00%) .NET
2 5 (12.50%) HTML
3 4 (10.00%) CSS
4 3 (7.50%) HTML5
5 2 (5.00%) CSS3
5 2 (5.00%) jQuery
5 2 (5.00%) XHTML
5 2 (5.00%) EJB
5 2 (5.00%) J2EE
6 1 (2.50%) COM
6 1 (2.50%) JSP
6 1 (2.50%) STL
6 1 (2.50%) XML
6 1 (2.50%) Swing
6 1 (2.50%) JMS
6 1 (2.50%) Middleware
6 1 (2.50%) Hibernate
6 1 (2.50%) Spring
6 1 (2.50%) .NET Framework
6 1 (2.50%) Apache Flex
Miscellaneous
1 5 (12.50%) Equities
2 4 (10.00%) Analytical Skills
3 3 (7.50%) Fixed Income
4 2 (5.00%) Visualisation
4 2 (5.00%) Open Source
4 2 (5.00%) N-Tier
4 2 (5.00%) PMI
4 2 (5.00%) Foreign Exchange (FX)
4 2 (5.00%) Mainframe
4 2 (5.00%) Management Information System
4 2 (5.00%) Interest Rate Derivative
4 2 (5.00%) Credit Risk
5 1 (2.50%) Market Risk
5 1 (2.50%) IBM Mainframe
5 1 (2.50%) Video Conferencing
5 1 (2.50%) Reference Data
5 1 (2.50%) Hedge funds
5 1 (2.50%) Cryptography
5 1 (2.50%) Derivative
Operating Systems
1 4 (10.00%) UNIX
2 3 (7.50%) Linux
3 2 (5.00%) Windows
4 1 (2.50%) AIX
4 1 (2.50%) Windows Server 2008
4 1 (2.50%) Windows 7
Processes & Methodologies
1 13 (32.50%) Agile Software Development
2 9 (22.50%) Stakeholder Management
3 7 (17.50%) Analytics
4 6 (15.00%) Project Management
5 5 (12.50%) User Acceptance Testing
6 4 (10.00%) Business Analysis
6 4 (10.00%) Risk Management
6 4 (10.00%) Migration
6 4 (10.00%) UML
6 4 (10.00%) OO
6 4 (10.00%) Change Control
6 4 (10.00%) Use Case
7 3 (7.50%) Waterfall
7 3 (7.50%) Project Planning
7 3 (7.50%) Test Automation
7 3 (7.50%) User Stories
7 3 (7.50%) OOP
7 3 (7.50%) E-Commerce
7 3 (7.50%) Scrum
7 3 (7.50%) PRINCE2
Programming Languages
1 9 (22.50%) SQL
2 7 (17.50%) Java
3 4 (10.00%) C
3 4 (10.00%) C#
3 4 (10.00%) C++
3 4 (10.00%) Shell Script
4 2 (5.00%) JavaScript
4 2 (5.00%) Python
5 1 (2.50%) PL/SQL
5 1 (2.50%) R
5 1 (2.50%) T-SQL
5 1 (2.50%) VBA
Qualifications
1 9 (22.50%) Degree
2 2 (5.00%) PMI Certification
3 1 (2.50%) ISTQB
3 1 (2.50%) ISEB
Quality Assurance & Compliance
1 7 (17.50%) QA
2 1 (2.50%) GAAP
Systems Management
1 1 (2.50%) HP Quality Center
Vendors
1 5 (12.50%) Microsoft
2 4 (10.00%) Oracle
3 2 (5.00%) IBM
3 2 (5.00%) Adobe
4 1 (2.50%) Avaya
4 1 (2.50%) TIBCO
4 1 (2.50%) Applix
4 1 (2.50%) Actimize
4 1 (2.50%) Atlassian
4 1 (2.50%) Avaloq
4 1 (2.50%) Sybase
4 1 (2.50%) Business Objects
4 1 (2.50%) Cognos