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 17 April 2014 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
17 Apr 2014
Same period 2013 Same period 2012
Bloomberg
Rank 21 39 47
Rank change year-on-year
+18 +8
Contract jobs citing Bloomberg 2 6 3
As % of all contract IT jobs located in Canary Wharf 1.31% 1.68% 0.76%
As % of the Vendors category 3.77% 4.14% 1.52%
Number of daily rates quoted 2 5 1
Average daily rate £294 £625 £450
Average daily rate % change year-on-year
-53.00% +38.88%
UK excluding London average daily rate £385 £550 £200
% change year-on-year
-30.00% +175.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.00 £14.96
% change year-on-year
- -6.41%
Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
53 145 198
As % of all contract IT jobs located in Canary Wharf 34.64% 40.62% 50.00%
Number of daily rates quoted 33 120 133
Average daily rate £550 £572 £550
Average daily rate % change year-on-year
-3.84% +4.00%
90% offered a daily rate of more than £250 £257 £309
10% offered a daily rate of more than £700 £675 £634
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 4 2 1
Average hourly rate £25.50 £30.00 £35.00
Average hourly rate % change year-on-year
-15.00% -14.28%
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%
Bloomberg
London

Bloomberg
Jobs Demand Trend in Canary Wharf

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.

Bloomberg Jobs Demand Trend in Canary Wharf

Bloomberg
Daily Rate Trend in Canary Wharf

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

Bloomberg Daily Rate Trend in Canary Wharf

Bloomberg
Hourly Rate Trend in Canary Wharf

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

Bloomberg Hourly Rate Trend in Canary Wharf

Bloomberg
Top 21 Related IT Skills in Canary Wharf

For the 6 months to 17 April 2014, 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 3 (100.00%) Linux
2 2 (66.67%) Reuters
2 2 (66.67%) Finance
2 2 (66.67%) SQL
2 2 (66.67%) UNIX
2 2 (66.67%) Windows
3 1 (33.33%) Oracle
3 1 (33.33%) C++
3 1 (33.33%) Java
3 1 (33.33%) Fixed Income
3 1 (33.33%) Mathematica
3 1 (33.33%) Banking
3 1 (33.33%) ION Trading
3 1 (33.33%) Quality Management
3 1 (33.33%) Data Warehouse
3 1 (33.33%) Data Modelling
3 1 (33.33%) TCP/IP
3 1 (33.33%) Business Intelligence
3 1 (33.33%) Informatica
3 1 (33.33%) MicroStrategy
3 1 (33.33%) Shell Script

Bloomberg
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 17 April 2014, 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.

Applications
1 1 (33.33%) Mathematica
Communications & Networking
1 1 (33.33%) TCP/IP
Database & Business Intelligence
1 1 (33.33%) Data Warehouse
General
1 2 (66.67%) Finance
2 1 (33.33%) Banking
Job Titles
1 1 (33.33%) Developer
1 1 (33.33%) Analyst
1 1 (33.33%) Network Engineer
1 1 (33.33%) Analyst Programmer
1 1 (33.33%) Programmer
1 1 (33.33%) Support Engineer
1 1 (33.33%) Network Support Engineer
1 1 (33.33%) Analyst Developer
1 1 (33.33%) Network Support
Miscellaneous
1 1 (33.33%) Fixed Income
Operating Systems
1 3 (100.00%) Linux
2 2 (66.67%) UNIX
2 2 (66.67%) Windows
Processes & Methodologies
1 1 (33.33%) Data Modelling
1 1 (33.33%) Business Intelligence
1 1 (33.33%) Quality Management
Programming Languages
1 2 (66.67%) SQL
2 1 (33.33%) Shell Script
2 1 (33.33%) C++
2 1 (33.33%) Java
Vendors
1 2 (66.67%) Reuters
2 1 (33.33%) ION Trading
2 1 (33.33%) Oracle
2 1 (33.33%) Informatica
2 1 (33.33%) MicroStrategy