The table below looks at the prevalence of the term Front Office 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 Front Office over the 3 months to 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Front Office
Rank 16 22 28
Rank change year-on-year
+6 +6
Contract jobs citing Front Office 7 8 16
As % of all contract IT jobs located in Canary Wharf 6.67% 4.35% 4.72%
As % of the General category 9.33% 5.93% 5.93%
Number of daily rates quoted 5 6 11
Average daily rate
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of your Daily Rate
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£550 £538 £600
Average daily rate % change year-on-year
+2.32% -10.41%
UK excluding London average daily rate £445 £350 £350
% change year-on-year
+27.14% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Front Office
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
75 135 270
As % of all contract IT jobs located in Canary Wharf 71.43% 73.37% 79.65%
Number of daily rates quoted 62 96 178
Average daily rate £450 £525 £525
Average daily rate % change year-on-year
-14.28% -
90% offered a daily rate of more than £220 £392 £400
10% offered a daily rate of more than £600 £670 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 3 3
Average hourly rate - £25.00 £20.00
Average hourly rate % change year-on-year
- +25.00%
UK excluding London average hourly rate £27.50 £22.00 £25.00
% change year-on-year
+25.00% -12.00%

Front Office
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Front Office across the Canary Wharf region as a proportion of the total demand within the General category.

Front Office Jobs Demand Trend in Canary Wharf

Front Office
Daily Rate Trend in Canary Wharf

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

Front Office Daily Rate Trend in Canary Wharf

Front Office
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Front Office across the Canary Wharf region over the 3 months to 23 January 2015.

Front Office Daily Rate Histogram in Canary Wharf

Front Office
Hourly Rate Trend in Canary Wharf

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

Front Office Hourly Rate Trend in Canary Wharf

Front Office
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 23 January 2015, IT contractor jobs across the Canary Wharf region citing Front Office 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 Front Office.

1 6 (60.00%) Agile Software Development
1 6 (60.00%) Banking
2 5 (50.00%) Investment Banking
3 4 (40.00%) Finance
4 3 (30.00%) Fixed Income
4 3 (30.00%) User Acceptance Testing
4 3 (30.00%) Java
4 3 (30.00%) Risk Management
5 2 (20.00%) QA
5 2 (20.00%) Capacity Management
5 2 (20.00%) Analytics
5 2 (20.00%) OO
5 2 (20.00%) Project Management
5 2 (20.00%) C
5 2 (20.00%) XML
5 2 (20.00%) Linux
5 2 (20.00%) Foreign Exchange (FX)
5 2 (20.00%) Back Office
5 2 (20.00%) Equities
5 2 (20.00%) Stakeholder Management
6 1 (10.00%) XML Messaging
6 1 (10.00%) Hibernate
6 1 (10.00%) InterSystems Cache
6 1 (10.00%) Data Analysis
6 1 (10.00%) Spring
6 1 (10.00%) Maven
6 1 (10.00%) Test Management
6 1 (10.00%) Atlassian Bamboo
6 1 (10.00%) Continuous Integration
6 1 (10.00%) Data Mapping

Front Office
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 23 January 2015, IT contractor jobs across the Canary Wharf region citing Front Office 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 Front Office. Up to 20 skills are shown per category.

Application Platforms
1 1 (10.00%) WebLogic
1 1 (10.00%) JBoss
1 1 (10.00%) TIBCO EMS
1 1 (10.00%) Oracle Coherence
1 1 (10.00%) Confluence
Applications
1 1 (10.00%) MS Excel
1 1 (10.00%) MS PowerPoint
Business Applications
1 1 (10.00%) BusinessWorks
Database & Business Intelligence
1 1 (10.00%) InterSystems Cache
1 1 (10.00%) QlikView
Development Applications
1 1 (10.00%) Ant
1 1 (10.00%) Subversion
1 1 (10.00%) Maven
1 1 (10.00%) JIRA
1 1 (10.00%) Selenium
1 1 (10.00%) Atlassian Bamboo
1 1 (10.00%) Git (software)
1 1 (10.00%) WebDriver
1 1 (10.00%) Cucumber
General
1 6 (60.00%) Banking
2 5 (50.00%) Investment Banking
3 4 (40.00%) Finance
4 2 (20.00%) Back Office
Job Titles
1 4 (40.00%) Business Analyst
1 4 (40.00%) Analyst
2 3 (30.00%) Developer
2 3 (30.00%) Senior Business Analyst
2 3 (30.00%) Senior Analyst
3 2 (20.00%) Project Manager
3 2 (20.00%) Senior IT Business Analyst
3 2 (20.00%) Risk Manager
3 2 (20.00%) Risk Analyst
3 2 (20.00%) Business Project Manager
3 2 (20.00%) Business Manager
3 2 (20.00%) IT Business Analyst
4 1 (10.00%) Python Developer
4 1 (10.00%) Senior Risk Analyst
4 1 (10.00%) Java Architect
4 1 (10.00%) Senior Business Manager
4 1 (10.00%) SOA Architect
4 1 (10.00%) Programme Test Manager
4 1 (10.00%) Test Leader
4 1 (10.00%) Agile Business Analyst
Libraries, Frameworks & Software Standards
1 2 (20.00%) XML
2 1 (10.00%) JMS
2 1 (10.00%) Middleware
2 1 (10.00%) FpML
2 1 (10.00%) XML Messaging
2 1 (10.00%) Hibernate
2 1 (10.00%) Spring
2 1 (10.00%) Boost C++ Libraries
2 1 (10.00%) .NET
2 1 (10.00%) J2EE
2 1 (10.00%) COM
2 1 (10.00%) EJB
2 1 (10.00%) JSP
2 1 (10.00%) STL
Miscellaneous
1 3 (30.00%) Fixed Income
2 2 (20.00%) Equities
2 2 (20.00%) Foreign Exchange (FX)
Operating Systems
1 2 (20.00%) Linux
Processes & Methodologies
1 6 (60.00%) Agile Software Development
2 3 (30.00%) Risk Management
2 3 (30.00%) User Acceptance Testing
3 2 (20.00%) Capacity Management
3 2 (20.00%) Analytics
3 2 (20.00%) Stakeholder Management
3 2 (20.00%) OO
3 2 (20.00%) Project Management
4 1 (10.00%) OOP
4 1 (10.00%) SOA
4 1 (10.00%) Business Intelligence
4 1 (10.00%) Data Analysis
4 1 (10.00%) Automation Testing
4 1 (10.00%) Performance Tuning
4 1 (10.00%) DevOps
4 1 (10.00%) Test Management
4 1 (10.00%) Continuous Integration
4 1 (10.00%) Data Mapping
4 1 (10.00%) Monte Carlo Method
4 1 (10.00%) Test Automation
Programming Languages
1 3 (30.00%) Java
2 2 (20.00%) C
3 1 (10.00%) C++
3 1 (10.00%) SQL
3 1 (10.00%) VBA
3 1 (10.00%) Python
3 1 (10.00%) Shell Script
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 2 (20.00%) QA
Vendors
1 1 (10.00%) Oracle
1 1 (10.00%) Microsoft
1 1 (10.00%) TIBCO
1 1 (10.00%) Atlassian