The table below looks at the statistics for Dodd-Frank skills 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 Dodd-Frank over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Dodd-Frank Wall Street Reform and Consumer Protection Act
Rank 21 21 31
Rank change year-on-year
0 +10
Contract jobs citing Dodd-Frank 2 1 2
As % of all contract IT jobs located in Canary Wharf 1.57% 1.01% 1.14%
As % of the Quality Assurance & Compliance category 11.11% 14.29% 9.09%
Number of daily rates quoted 1 1 2
Average daily rate £450 £600 £538
Average daily rate % change year-on-year
-25.00% +11.62%
UK excluding London average daily rate £333 - £450
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Dodd-Frank
London

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

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
18 7 22
As % of all contract IT jobs located in Canary Wharf 14.17% 7.07% 12.50%
Number of daily rates quoted 13 6 12
Average daily rate £500 £550 £513
Average daily rate % change year-on-year
-9.09% +7.31%
90% offered a daily rate of more than £450 £375 £398
10% offered a daily rate of more than £675 £600 £620
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

Dodd-Frank
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Dodd-Frank across the Canary Wharf region as a proportion of the total demand within the Quality Assurance & Compliance category.

Dodd-Frank Jobs Demand Trend in Canary Wharf

Dodd-Frank
Daily Rate Trend in Canary Wharf

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

Dodd-Frank Daily Rate Trend in Canary Wharf

Dodd-Frank
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 5 February 2016, IT contractor jobs across the Canary Wharf region citing Dodd-Frank 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 Dodd-Frank.

1 2 (50.00%) Banking
2 1 (25.00%) Retail
2 1 (25.00%) Data Management
2 1 (25.00%) Investment Banking
2 1 (25.00%) Software Engineering
2 1 (25.00%) Retail Banking
2 1 (25.00%) Technical Architecture
2 1 (25.00%) Java SE
2 1 (25.00%) MiFID
2 1 (25.00%) QA
2 1 (25.00%) Credit Risk
2 1 (25.00%) User Acceptance Testing
2 1 (25.00%) Test Management
2 1 (25.00%) Reference Data
2 1 (25.00%) Data Architecture
2 1 (25.00%) Git (software)
2 1 (25.00%) Test Automation
2 1 (25.00%) Scala
2 1 (25.00%) Apache Hive
2 1 (25.00%) Basel III
2 1 (25.00%) HBase
2 1 (25.00%) FATCA
2 1 (25.00%) Big Data
2 1 (25.00%) Analytics
2 1 (25.00%) EMIR
2 1 (25.00%) Impala
2 1 (25.00%) Functional Programming
2 1 (25.00%) Analytical Skills
2 1 (25.00%) Apache Spark
2 1 (25.00%) Data Structures

Dodd-Frank
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Canary Wharf region citing Dodd-Frank 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 Dodd-Frank. Up to 20 skills are shown per category.

Application Platforms
1 1 (25.00%) Apache Spark
1 1 (25.00%) SharePoint
Database & Business Intelligence
1 1 (25.00%) Apache Hive
1 1 (25.00%) Big Data
1 1 (25.00%) HBase
1 1 (25.00%) Impala
Development Applications
1 1 (25.00%) Git (software)
1 1 (25.00%) HP UFT
General
1 2 (50.00%) Banking
2 1 (25.00%) Finance
2 1 (25.00%) Financial Institution
2 1 (25.00%) Investment Banking
2 1 (25.00%) Retail
2 1 (25.00%) Retail Banking
Job Titles
1 3 (75.00%) Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Business Change Analyst
2 1 (25.00%) Data Business Analyst
2 1 (25.00%) Developer
2 1 (25.00%) Documentation Analyst
2 1 (25.00%) Java Developer
2 1 (25.00%) Java Scala Developer
2 1 (25.00%) KYC Analyst
2 1 (25.00%) Linux Developer
2 1 (25.00%) Migration Analyst
2 1 (25.00%) Onboarding Analyst
2 1 (25.00%) Project Analyst
2 1 (25.00%) Python Developer
2 1 (25.00%) Senior Developer
2 1 (25.00%) Senior Java Developer
2 1 (25.00%) Senior Python Developer
2 1 (25.00%) Senior Scala Developer
2 1 (25.00%) Test Analyst
2 1 (25.00%) Test Scripter
Libraries, Frameworks & Software Standards
1 1 (25.00%) Java SE
Miscellaneous
1 1 (25.00%) Analytical Skills
1 1 (25.00%) Credit Risk
1 1 (25.00%) Data Structures
1 1 (25.00%) Equities
1 1 (25.00%) Reference Data
Operating Systems
1 1 (25.00%) Linux
1 1 (25.00%) Unix
1 1 (25.00%) Windows
Processes & Methodologies
1 1 (25.00%) Analytics
1 1 (25.00%) Anti-Money Laundering
1 1 (25.00%) Data Architecture
1 1 (25.00%) Data Management
1 1 (25.00%) Functional Programming
1 1 (25.00%) KYC
1 1 (25.00%) Migration
1 1 (25.00%) Software Engineering
1 1 (25.00%) Technical Architecture
1 1 (25.00%) Test Automation
1 1 (25.00%) Test Management
1 1 (25.00%) User Acceptance Testing
Programming Languages
1 1 (25.00%) Java
1 1 (25.00%) PL/SQL
1 1 (25.00%) Python
1 1 (25.00%) Scala
1 1 (25.00%) SQL
Quality Assurance & Compliance
1 1 (25.00%) Basel III
1 1 (25.00%) EMIR
1 1 (25.00%) FATCA
1 1 (25.00%) MiFID
1 1 (25.00%) QA