The first table below looks at the demand for knowledge and experience of Bloomberg products and/or services 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 Bloomberg over the 3 months to 21 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Canary Wharf region.

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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Bloomberg.

Location
3 months to
21 May 2013
Same period 2012 Same period 2011
Bloomberg
Rank 46 48 34
Rank change year-on-year
+2 -14
Contract jobs citing Bloomberg 8 1 27
As % of all contract IT jobs located in Canary Wharf 1.990% 0.262% 5.422%
As % of the Vendors category 5.195% 0.508% 13.17%
Number of daily rates quoted 7 1 25
Average daily rate £600 £450 £650
Average daily rate % change year-on-year
+33.33% -30.76%
90% offered a daily rate of more than £319 £450 £550
10% offered a daily rate of more than £666 £450 £675
UK excluding London average daily rate £575 £288 £350
% change year-on-year
+100.00% -17.85%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £14.00 - £97.63
All Vendors
Canary Wharf
Contract IT job ads with a match in the
Vendors category
154 197 205
As % of all contract IT jobs located in Canary Wharf 38.31% 51.57% 41.16%
Number of daily rates quoted 123 117 161
Average daily rate £575 £550 £600
Average daily rate % change year-on-year
+4.54% -8.33%
90% offered a daily rate of more than £220 £334 £450
10% offered a daily rate of more than £675 £600 £700
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1 3 3
Average hourly rate £42.50 £25.00 £15.00
Average hourly rate % change year-on-year
+70.00% +66.66%
UK excluding London average hourly rate £19.00 £19.00 £20.50
% change year-on-year
- -7.31%
Bloomberg
London

Bloomberg
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Bloomberg across the Canary Wharf region as a proportion of the total demand within the Vendors category.

Canary Wharf Bloomberg Jobs Demand Trend

Bloomberg
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Bloomberg across the Canary Wharf region.

Canary Wharf Bloomberg Daily Rate Trend

Bloomberg
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Bloomberg across the Canary Wharf region over the 3 months to 21 May 2013.

Canary Wharf Bloomberg Daily Rate Histogram

Bloomberg
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Bloomberg across the Canary Wharf region.

Canary Wharf Bloomberg Hourly Rate Trend

Bloomberg
Top 30 Related IT Skills

For the 6 months to 21 May 2013, IT contractor jobs across the Canary Wharf region citing Bloomberg 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 Bloomberg.

1 10 (83.33%) Reuters
2 7 (58.33%) Finance
3 5 (41.67%) Scrum
3 5 (41.67%) C#
3 5 (41.67%) C++
3 5 (41.67%) Java
3 5 (41.67%) SQL Server
4 4 (33.33%) Web Services
4 4 (33.33%) MS Excel
4 4 (33.33%) Front Office
4 4 (33.33%) Banking
4 4 (33.33%) Investment Banking
5 3 (25.00%) RMDS
5 3 (25.00%) AOP
5 3 (25.00%) OOP
5 3 (25.00%) OLAP
5 3 (25.00%) Windows
5 3 (25.00%) Oracle
5 3 (25.00%) Java SE
5 3 (25.00%) MDX
5 3 (25.00%) SQL Server 2008
5 3 (25.00%) Trayport
5 3 (25.00%) SQL Server 2012
6 2 (16.67%) SQL Server Analysis Services
6 2 (16.67%) Waterfall
6 2 (16.67%) Root Cause Analysis
6 2 (16.67%) Red Hat Enterprise Linux
6 2 (16.67%) Zenoss
6 2 (16.67%) Problem Management
6 2 (16.67%) Kalahari

Bloomberg
Top Related IT Skills by Category

For the 6 months to 21 May 2013, IT contractor jobs across the Canary Wharf region citing Bloomberg 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 Bloomberg. Up to 20 skills are shown per category.

Application Development
1 4 (33.33%) Web Services
2 3 (25.00%) Java SE
2 3 (25.00%) MDX
3 2 (16.67%) .NET
4 1 (8.333%) Spring
4 1 (8.333%) JNI
4 1 (8.333%) .NET Framework
4 1 (8.333%) Hibernate
4 1 (8.333%) XML
4 1 (8.333%) HTML
4 1 (8.333%) JSON
4 1 (8.333%) WCF
4 1 (8.333%) WPF
4 1 (8.333%) Silverlight
4 1 (8.333%) REST
Application Platforms
1 1 (8.333%) Lotus Notes
1 1 (8.333%) TIBCO EMS
Applications
1 4 (33.33%) MS Excel
Business Applications
1 3 (25.00%) RMDS
Communications & Networking
1 2 (16.67%) Firewall
2 1 (8.333%) HTTP
Database & Business Intelligence
1 5 (41.67%) SQL Server
2 3 (25.00%) OLAP
2 3 (25.00%) SQL Server 2008
2 3 (25.00%) SQL Server 2012
3 2 (16.67%) SQL Server Analysis Services
4 1 (8.333%) Data Mining
4 1 (8.333%) NoSQL
Development Applications
1 1 (8.333%) Team Foundation Server
1 1 (8.333%) Visual Studio Tools for Office
General
1 7 (58.33%) Finance
2 4 (33.33%) Front Office
2 4 (33.33%) Banking
2 4 (33.33%) Investment Banking
3 2 (16.67%) Legal
Job Titles
1 6 (50.00%) Analyst
2 5 (41.67%) Developer
3 3 (25.00%) Business Analyst
4 2 (16.67%) Investment Banking Business Analyst
4 2 (16.67%) Support Analyst
4 2 (16.67%) Applications Support
4 2 (16.67%) Banking Business Analyst
4 2 (16.67%) Applications Support Analyst
5 1 (8.333%) Service Desk Analyst
5 1 (8.333%) Excel Developer
5 1 (8.333%) Java Developer
5 1 (8.333%) C++ Developer
5 1 (8.333%) Service Analyst
5 1 (8.333%) Lead Developer
5 1 (8.333%) Front Office Developer
5 1 (8.333%) C++/Java Developer
5 1 (8.333%) Market Data Specialist
Miscellaneous
1 2 (16.67%) Fixed Income
2 1 (8.333%) Derivative
2 1 (8.333%) Foreign Exchange (FX)
2 1 (8.333%) Reference Data
Operating Systems
1 3 (25.00%) Windows
2 2 (16.67%) Red Hat Enterprise Linux
2 2 (16.67%) Linux
3 1 (8.333%) Windows XP
Processes & Methodologies
1 5 (41.67%) Scrum
2 3 (25.00%) AOP
2 3 (25.00%) OOP
3 2 (16.67%) Waterfall
3 2 (16.67%) Root Cause Analysis
3 2 (16.67%) Problem Management
3 2 (16.67%) ITIL
3 2 (16.67%) Benchmarking
3 2 (16.67%) RDF
3 2 (16.67%) Risk Management
3 2 (16.67%) Incident Management
3 2 (16.67%) Business Analysis
4 1 (8.333%) Agile Software Development
4 1 (8.333%) RAD
4 1 (8.333%) DNA
4 1 (8.333%) Continuous Integration
4 1 (8.333%) Analytics
4 1 (8.333%) Data Transformation
Programming Languages
1 5 (41.67%) C#
1 5 (41.67%) C++
1 5 (41.67%) Java
2 2 (16.67%) SQL
2 2 (16.67%) Shell Script
3 1 (8.333%) VBA
3 1 (8.333%) JavaScript
Qualifications
1 2 (16.67%) Degree
1 2 (16.67%) ITIL Certification
Quality Assurance & Compliance
1 2 (16.67%) SLA
Systems Management
1 2 (16.67%) Zenoss
Vendors
1 10 (83.33%) Reuters
2 3 (25.00%) Oracle
2 3 (25.00%) Trayport
3 2 (16.67%) Kalahari
3 2 (16.67%) Sybase
3 2 (16.67%) Caplin
4 1 (8.333%) GoldenSource
4 1 (8.333%) Lotus
4 1 (8.333%) Fidessa
4 1 (8.333%) TIBCO
4 1 (8.333%) Microsoft
4 1 (8.333%) 29West