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 8 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
8 Feb 2016
Same period 2015 Same period 2014
Financial Institution
Rank 22 22 29
Rank change year-on-year
0 +7
Contract jobs citing Financial Institution 2 1 3
As % of all contract IT jobs located in Canary Wharf 1.57% 0.99% 1.69%
As % of the General category 2.06% 1.45% 2.33%
Number of daily rates quoted 2 1 3
Average daily rate £570 £450 £560
Average daily rate % change year-on-year
+26.66% -19.64%
90% offered a daily rate of more than £566 £450 £432
10% offered a daily rate of more than £574 £450 £572
UK excluding London average daily rate £385 £389 £375
% change year-on-year
-1.09% +3.80%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £15.75 £9.82
% change year-on-year
- +60.46%
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
97 69 129
As % of all contract IT jobs located in Canary Wharf 76.38% 68.32% 72.88%
Number of daily rates quoted 78 57 90
Average daily rate £500 £450 £525
Average daily rate % change year-on-year
+11.11% -14.28%
90% offered a daily rate of more than £275 £256 £382
10% offered a daily rate of more than £700 £578 £700
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £20.00
UK excluding London average hourly rate £35.00 £26.00 £22.00
% change year-on-year
+34.61% +18.18%

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 30 Related IT Skills in Canary Wharf

For the 6 months to 8 February 2016, 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 9 (100.00%) Finance
2 4 (44.44%) HTML
3 3 (33.33%) Client/Server
3 3 (33.33%) JavaScript
3 3 (33.33%) C#
3 3 (33.33%) .NET
3 3 (33.33%) CSS
3 3 (33.33%) Migration
3 3 (33.33%) jQuery
3 3 (33.33%) Grunt
3 3 (33.33%) AngularJS
4 2 (22.22%) Test Automation
4 2 (22.22%) Data Migration
4 2 (22.22%) PowerShell
4 2 (22.22%) Banking
4 2 (22.22%) VBScript
4 2 (22.22%) Java
4 2 (22.22%) Microsoft
4 2 (22.22%) Active Directory
5 1 (11.11%) ISEB
5 1 (11.11%) HP UFT
5 1 (11.11%) PL/SQL
5 1 (11.11%) SQL
5 1 (11.11%) SharePoint
5 1 (11.11%) ISTQB
5 1 (11.11%) QA
5 1 (11.11%) Selenium
5 1 (11.11%) Credit Risk
5 1 (11.11%) Market Risk
5 1 (11.11%) TDD

Financial Institution
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 8 February 2016, 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 1 (11.11%) SharePoint
Database & Business Intelligence
1 1 (11.11%) Big Data
Development Applications
1 3 (33.33%) Grunt
2 1 (11.11%) HP UFT
2 1 (11.11%) Selenium
General
1 9 (100.00%) Finance
2 2 (22.22%) Banking
3 1 (11.11%) Investment Banking
Job Titles
1 4 (44.44%) Developer
2 3 (33.33%) .NET Developer
2 3 (33.33%) Angular Developer
2 3 (33.33%) C# .NET Developer
2 3 (33.33%) C# Developer
2 3 (33.33%) HTML CSS Developer
2 3 (33.33%) HTML Developer
2 3 (33.33%) JavaScript Developer
2 3 (33.33%) UI Developer
3 2 (22.22%) Active Directory Migration Specialist
3 2 (22.22%) Active Directory Specialist
3 2 (22.22%) Analyst
3 2 (22.22%) Data Migration Specialist
3 2 (22.22%) Migration Specialist
3 2 (22.22%) PowerShell Specialist
4 1 (11.11%) Java Developer
4 1 (11.11%) Project Analyst
4 1 (11.11%) Senior Developer
4 1 (11.11%) Senior Java Developer
4 1 (11.11%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (44.44%) HTML
2 3 (33.33%) .NET
2 3 (33.33%) AngularJS
2 3 (33.33%) CSS
2 3 (33.33%) jQuery
Miscellaneous
1 3 (33.33%) Client/Server
2 1 (11.11%) Analytical Skills
2 1 (11.11%) Credit Risk
2 1 (11.11%) Equities
2 1 (11.11%) Grid Computing
2 1 (11.11%) Market Risk
Processes & Methodologies
1 3 (33.33%) Migration
2 2 (22.22%) Data Migration
2 2 (22.22%) Test Automation
3 1 (11.11%) Analytics
3 1 (11.11%) BDD
3 1 (11.11%) Data Management
3 1 (11.11%) Multithreading
3 1 (11.11%) Performance Tuning
3 1 (11.11%) Single Responsibility Principle
3 1 (11.11%) Software Engineering
3 1 (11.11%) Stakeholder Management
3 1 (11.11%) Target Operating Model
3 1 (11.11%) TDD
3 1 (11.11%) Test Management
3 1 (11.11%) User Acceptance Testing
Programming Languages
1 3 (33.33%) C#
1 3 (33.33%) JavaScript
2 2 (22.22%) Java
2 2 (22.22%) PowerShell
2 2 (22.22%) VBScript
3 1 (11.11%) PL/SQL
3 1 (11.11%) SQL
Qualifications
1 1 (11.11%) ISEB
1 1 (11.11%) ISTQB
Quality Assurance & Compliance
1 1 (11.11%) Dodd-Frank
1 1 (11.11%) QA
System Software
1 2 (22.22%) Active Directory
Vendors
1 2 (22.22%) Microsoft