The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 31 May 2016 with a comparison to the same period over 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.

3 months to
31 May 2016
Same period 2015 Same period 2014
Financial Institution
Rank 21 30 -
Rank change year-on-year
+9 -
Contract jobs citing Financial Institution 2 1 0
As % of all contract IT jobs located in Canary Wharf 1.71% 0.61% -
As % of the General category 2.50% 0.85% -
Number of daily rates quoted 1 1 0
Median daily rate £450 £500 -
Median daily rate % change year-on-year
-10.00% -
UK excluding London median daily rate £475 £423 £330
% change year-on-year
+12.42% +28.03%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £10.44 £10.45 £23.00
% change year-on-year
-0.11% -54.55%
Financial Institution
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
80 117 79
As % of all contract IT jobs located in Canary Wharf 68.38% 71.34% 71.82%
Number of daily rates quoted 72 76 48
Median daily rate £480 £520 £425
Median daily rate % change year-on-year
-7.69% +22.35%
90% offered a daily rate of more than £325 £320 £215
10% offered a daily rate of more than £643 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 2 1
Median hourly rate - £12.50 £18.00
Median hourly rate % change year-on-year
- -30.55%
UK excluding London median hourly rate £25.00 £22.75 £25.00
% change year-on-year
+9.89% -9.00%

Financial Institution
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in Canary Wharf

Financial Institution
Daily Rate Trend in Canary Wharf

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

Financial Institution Daily Rate Trend in Canary Wharf

Financial Institution
Hourly Rate Trend in Canary Wharf

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

Financial Institution Hourly Rate Trend in Canary Wharf

Financial Institution
Top 22 Related IT Skills in Canary Wharf

For the 6 months to 31 May 2016, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Financial Institution.

1 3 (100.00%) Finance
2 1 (33.33%) Change Management
2 1 (33.33%) Oracle EBS
2 1 (33.33%) Oracle
2 1 (33.33%) MS Project
2 1 (33.33%) PRINCE2
2 1 (33.33%) Microsoft
2 1 (33.33%) PRINCE2 Certification
2 1 (33.33%) Project Management
2 1 (33.33%) Stakeholder Management
2 1 (33.33%) Business Continuity
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Banking
2 1 (33.33%) Data Management
2 1 (33.33%) Data Analysis
2 1 (33.33%) MS PowerPoint
2 1 (33.33%) Project Planning
2 1 (33.33%) QA
2 1 (33.33%) Data Quality
2 1 (33.33%) Agile Project Management
2 1 (33.33%) Transition Management
2 1 (33.33%) Target Operating Model

Financial Institution
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (33.33%) MS PowerPoint
1 1 (33.33%) MS Project
Business Applications
1 1 (33.33%) Oracle EBS
General
1 3 (100.00%) Finance
2 1 (33.33%) Banking
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
1 2 (66.67%) Project Manager
2 1 (33.33%) Agile Business Analyst
2 1 (33.33%) Agile Project Manager
2 1 (33.33%) Banking Analyst
2 1 (33.33%) Banking Business Analyst
2 1 (33.33%) Business Manager
2 1 (33.33%) Business Project Manager
2 1 (33.33%) Data Business Analyst
2 1 (33.33%) Lead Business Analyst
2 1 (33.33%) Oracle Project Manager
2 1 (33.33%) Project Analyst
2 1 (33.33%) Resilience Manager
2 1 (33.33%) Senior Analyst
2 1 (33.33%) Senior Business Analyst
2 1 (33.33%) Senior Business Manager
2 1 (33.33%) Senior Manager
2 1 (33.33%) Senior Project Manager
2 1 (33.33%) Transformation Project Manager
Processes & Methodologies
1 1 (33.33%) Agile Project Management
1 1 (33.33%) Agile Software Development
1 1 (33.33%) Business Continuity
1 1 (33.33%) Change Management
1 1 (33.33%) Data Analysis
1 1 (33.33%) Data Management
1 1 (33.33%) PRINCE2
1 1 (33.33%) Project Management
1 1 (33.33%) Project Planning
1 1 (33.33%) Stakeholder Management
1 1 (33.33%) Target Operating Model
1 1 (33.33%) Transition Management
Qualifications
1 1 (33.33%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (33.33%) Data Quality
1 1 (33.33%) QA
Vendors
1 1 (33.33%) Microsoft
1 1 (33.33%) Oracle