The table below looks at the statistics 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 2 September 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.

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

Location
3 months to
2 Sep 2015
Same period 2014 Same period 2013
Bloomberg
Rank 29 - 37
Rank change year-on-year
- 0
Contract jobs citing Bloomberg 1 0 4
As % of all contract IT jobs located in Canary Wharf 0.53% - 1.85%
As % of the Vendors category 1.30% - 3.85%
Number of daily rates quoted 1 0 4
Average daily rate
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of your Daily Rate
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£450 - £525
UK excluding London average daily rate £500 £375 £180
% change year-on-year
+33.33% +108.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £13.00 -
Bloomberg
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Canary Wharf region.

Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
77 58 104
As % of all contract IT jobs located in Canary Wharf 41.18% 49.57% 48.15%
Number of daily rates quoted 45 23 69
Average daily rate £475 £450 £400
Average daily rate % change year-on-year
+5.55% +12.50%
90% offered a daily rate of more than £363 £303 £175
10% offered a daily rate of more than £550 £573 £616
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 3 5 2
Average hourly rate £25.00 £18.00 £22.50
Average hourly rate % change year-on-year
+38.88% -20.00%
UK excluding London average hourly rate £18.75 £18.50 £19.30
% change year-on-year
+1.35% -4.14%

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 30 Related IT Skills in Canary Wharf

For the 6 months to 2 September 2015, 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 2 (66.67%) Reuters
1 2 (66.67%) SQL
1 2 (66.67%) UNIX
1 2 (66.67%) Root Cause Analysis
2 1 (33.33%) Relational Database
2 1 (33.33%) Test Planning
2 1 (33.33%) C#
2 1 (33.33%) Java
2 1 (33.33%) Perl
2 1 (33.33%) Windows
2 1 (33.33%) Linux
2 1 (33.33%) SharePoint
2 1 (33.33%) HP UFT
2 1 (33.33%) Shell Script
2 1 (33.33%) .NET
2 1 (33.33%) Oracle
2 1 (33.33%) SQL Server
2 1 (33.33%) XML
2 1 (33.33%) ITIL
2 1 (33.33%) FpML
2 1 (33.33%) Change Management
2 1 (33.33%) Disaster Recovery
2 1 (33.33%) Front Office
2 1 (33.33%) Finance
2 1 (33.33%) Migration
2 1 (33.33%) Fixed Income
2 1 (33.33%) Banking
2 1 (33.33%) Investment Banking
2 1 (33.33%) Incident Management
2 1 (33.33%) Derivative

Bloomberg
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 2 September 2015, 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 Platforms
1 1 (33.33%) SharePoint
1 1 (33.33%) Oracle Coherence
Database & Business Intelligence
1 1 (33.33%) SQL Server
1 1 (33.33%) Hadoop
1 1 (33.33%) Relational Database
Development Applications
1 1 (33.33%) HP UFT
1 1 (33.33%) JIRA
1 1 (33.33%) Selenium
General
1 1 (33.33%) Front Office
1 1 (33.33%) Finance
1 1 (33.33%) Banking
1 1 (33.33%) Investment Banking
Job Titles
1 1 (33.33%) Tester
1 1 (33.33%) Applications Support
1 1 (33.33%) Market Data Engineer
1 1 (33.33%) Automation Tester
Libraries, Frameworks & Software Standards
1 1 (33.33%) .NET
1 1 (33.33%) XML
1 1 (33.33%) FpML
Miscellaneous
1 1 (33.33%) Fixed Income
1 1 (33.33%) Derivative
1 1 (33.33%) Computer Science
1 1 (33.33%) Reference Data
Operating Systems
1 2 (66.67%) UNIX
2 1 (33.33%) Windows
2 1 (33.33%) Linux
Processes & Methodologies
1 2 (66.67%) Root Cause Analysis
2 1 (33.33%) Test Planning
2 1 (33.33%) ITIL
2 1 (33.33%) Change Management
2 1 (33.33%) Disaster Recovery
2 1 (33.33%) Migration
2 1 (33.33%) Incident Management
2 1 (33.33%) Test Scripting
2 1 (33.33%) Electronic Trading
2 1 (33.33%) Performance Management
2 1 (33.33%) Business Process Improvement
2 1 (33.33%) Test Strategy
Programming Languages
1 2 (66.67%) SQL
2 1 (33.33%) Shell Script
2 1 (33.33%) C#
2 1 (33.33%) Java
2 1 (33.33%) Perl
Qualifications
1 1 (33.33%) Degree
Quality Assurance & Compliance
1 1 (33.33%) QA
Systems Management
1 1 (33.33%) HP Quality Center
Vendors
1 2 (66.67%) Reuters
2 1 (33.33%) Tradeweb
2 1 (33.33%) Oracle