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 average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 5 March 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.

Location
3 months to
5 Mar 2015
Same period 2014 Same period 2013
Financial Institution
Rank 17 26 30
Rank change year-on-year
+9 +4
Contract jobs citing Financial Institution 1 2 13
As % of all contract IT jobs located in Canary Wharf 1.16% 1.15% 4.01%
As % of the General category 1.75% 1.63% 5.00%
Number of daily rates quoted 1 2 12
Average daily rate
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£450 £480 £500
Average daily rate % change year-on-year
-6.25% -4.00%
UK excluding London average daily rate £400 £375 £383
% change year-on-year
+6.66% -1.96%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £16.00 £10.47 £20.50
% change year-on-year
+52.81% -48.92%
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
57 123 260
As % of all contract IT jobs located in Canary Wharf 66.28% 70.69% 80.25%
Number of daily rates quoted 42 80 196
Average daily rate £475 £525 £525
Average daily rate % change year-on-year
-9.52% -
90% offered a daily rate of more than £385 £269 £375
10% offered a daily rate of more than £625 £700 £675
UK excluding London average daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 0 8 3
Average hourly rate - £28.00 £20.00
Average hourly rate % change year-on-year
- +40.00%
UK excluding London average hourly rate £25.00 £22.00 £25.50
% change year-on-year
+13.63% -13.72%

Financial Institution
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the Canary Wharf region as a proportion of the total demand within 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 25 Related IT Skills in Canary Wharf

For the 6 months to 5 March 2015, IT contractor jobs across the Canary Wharf region citing Financial Institution 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 Financial Institution.

1 3 (100.00%) Finance
2 2 (66.67%) Billing
2 2 (66.67%) MS PowerPoint
2 2 (66.67%) Product Management
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Telecoms
2 2 (66.67%) HTML
2 2 (66.67%) SharePoint
2 2 (66.67%) PSTN
2 2 (66.67%) Dreamweaver
3 1 (33.33%) Cisco
3 1 (33.33%) OSPF
3 1 (33.33%) BGP
3 1 (33.33%) EIGRP
3 1 (33.33%) IGRP
3 1 (33.33%) Service Management
3 1 (33.33%) Firewall
3 1 (33.33%) VoIP
3 1 (33.33%) WAN
3 1 (33.33%) TCP/IP
3 1 (33.33%) LAN
3 1 (33.33%) PBX
3 1 (33.33%) ITIL
3 1 (33.33%) Problem Management
3 1 (33.33%) IVR

Financial Institution
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 March 2015, IT contractor jobs across the Canary Wharf region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 2 (66.67%) SharePoint
Applications
1 2 (66.67%) MS PowerPoint
Communications & Networking
1 2 (66.67%) PSTN
2 1 (33.33%) OSPF
2 1 (33.33%) BGP
2 1 (33.33%) EIGRP
2 1 (33.33%) IGRP
2 1 (33.33%) Firewall
2 1 (33.33%) VoIP
2 1 (33.33%) WAN
2 1 (33.33%) TCP/IP
2 1 (33.33%) LAN
2 1 (33.33%) PBX
Development Applications
1 2 (66.67%) Dreamweaver
General
1 3 (100.00%) Finance
2 2 (66.67%) Billing
2 2 (66.67%) Telecoms
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Network Engineer
1 1 (33.33%) Administrator
1 1 (33.33%) Quality Engineer
1 1 (33.33%) SharePoint Administrator
1 1 (33.33%) Technical Analyst
1 1 (33.33%) Web Administrator
Libraries, Frameworks & Software Standards
1 2 (66.67%) HTML
Miscellaneous
1 2 (66.67%) Analytical Skills
2 1 (33.33%) IVR
Processes & Methodologies
1 2 (66.67%) Product Management
2 1 (33.33%) Service Management
2 1 (33.33%) ITIL
2 1 (33.33%) Problem Management
Vendors
1 1 (33.33%) Cisco