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 1 May 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
1 May 2015
Same period 2014 Same period 2013
Front Office
Rank 7 17 9
Rank change year-on-year
+10 -8
Contract jobs citing Front Office 19 4 60
As % of all contract IT jobs located in Canary Wharf 14.07% 3.10% 15.92%
As % of the General category 19.59% 4.60% 20.20%
Number of daily rates quoted 18 2 55
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £250 £600
Average daily rate % change year-on-year
+110.00% -58.33%
90% offered a daily rate of more than £475 £250 £525
10% offered a daily rate of more than £658 £250 £700
UK excluding London average daily rate £440 £375 £375
% change year-on-year
+17.33% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £20.50
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
97 87 297
As % of all contract IT jobs located in Canary Wharf 71.85% 67.44% 78.78%
Number of daily rates quoted 66 60 246
Average daily rate £520 £450 £575
Average daily rate % change year-on-year
+15.55% -21.73%
90% offered a daily rate of more than £361 £215 £330
10% offered a daily rate of more than £625 £590 £700
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 2 4 1
Average hourly rate £12.50 £28.00 £42.50
Average hourly rate % change year-on-year
-55.35% -34.11%
UK excluding London average hourly rate £24.25 £25.00 £26.00
% change year-on-year
-3.00% -3.84%

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 1 May 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 1 May 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 19 (76.00%) Finance
2 17 (68.00%) Banking
3 13 (52.00%) Agile Software Development
3 13 (52.00%) SQL
4 12 (48.00%) Investment Banking
5 10 (40.00%) Risk Management
5 10 (40.00%) Degree
6 8 (32.00%) C#
7 7 (28.00%) Java
7 7 (28.00%) QA
8 6 (24.00%) Derivative
8 6 (24.00%) C++
8 6 (24.00%) .NET
8 6 (24.00%) UNIX
8 6 (24.00%) Migration
8 6 (24.00%) Project Management
9 5 (20.00%) Stakeholder Management
9 5 (20.00%) Shell Script
9 5 (20.00%) Equities
9 5 (20.00%) Analytics
10 4 (16.00%) Fixed Income
10 4 (16.00%) TDD
10 4 (16.00%) User Acceptance Testing
10 4 (16.00%) Continuous Integration
10 4 (16.00%) Multithreading
10 4 (16.00%) Selenium
10 4 (16.00%) SOA
10 4 (16.00%) XML
10 4 (16.00%) Linux
10 4 (16.00%) OOP

Front Office
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 1 May 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 3 (12.00%) Oracle Coherence
2 1 (4.00%) SharePoint
2 1 (4.00%) JBoss
2 1 (4.00%) WebLogic
2 1 (4.00%) Confluence
Applications
1 1 (4.00%) MS PowerPoint
Business Applications
1 3 (12.00%) Global One
2 1 (4.00%) BusinessWorks
Communications & Networking
1 2 (8.00%) FTP
Database & Business Intelligence
1 3 (12.00%) SQL Server
1 3 (12.00%) UniData
2 2 (8.00%) Relational Database
3 1 (4.00%) Data Mining
3 1 (4.00%) InterSystems Cache
Development Applications
1 4 (16.00%) Selenium
2 3 (12.00%) Cucumber
3 2 (8.00%) Maven
3 2 (8.00%) JIRA
4 1 (4.00%) Ant
4 1 (4.00%) QuickTest Pro
4 1 (4.00%) TeamCity
4 1 (4.00%) Git (software)
4 1 (4.00%) Subversion
4 1 (4.00%) Atlassian Bamboo
4 1 (4.00%) WebDriver
General
1 19 (76.00%) Finance
2 17 (68.00%) Banking
3 12 (48.00%) Investment Banking
4 2 (8.00%) Retail
4 2 (8.00%) Back Office
4 2 (8.00%) Legal
5 1 (4.00%) Retail Banking
5 1 (4.00%) Corporate Banking
Job Titles
1 11 (44.00%) Developer
2 5 (20.00%) Analyst
2 5 (20.00%) C# Developer
3 4 (16.00%) Business Analyst
4 3 (12.00%) Project Manager
4 3 (12.00%) Test Manager
4 3 (12.00%) Business Project Manager
4 3 (12.00%) Business Manager
5 2 (8.00%) C# .NET Developer
5 2 (8.00%) Java Developer
5 2 (8.00%) Risk Manager
5 2 (8.00%) Risk Analyst
6 1 (4.00%) Tester
6 1 (4.00%) Programme Manager
6 1 (4.00%) Architect
6 1 (4.00%) Senior Manager
6 1 (4.00%) Front Office Developer
6 1 (4.00%) Senior Developer
6 1 (4.00%) Programmer
6 1 (4.00%) Support Analyst
Libraries, Frameworks & Software Standards
1 6 (24.00%) .NET
2 4 (16.00%) XML
3 3 (12.00%) Middleware
4 2 (8.00%) Spring
5 1 (4.00%) J2SE
5 1 (4.00%) JMS
5 1 (4.00%) Swing
5 1 (4.00%) EJB
5 1 (4.00%) JSP
5 1 (4.00%) J2EE
5 1 (4.00%) Hibernate
5 1 (4.00%) FpML
5 1 (4.00%) WCF
5 1 (4.00%) .NET Framework
5 1 (4.00%) TIBCO EMS
Miscellaneous
1 6 (24.00%) Derivative
2 5 (20.00%) Equities
3 4 (16.00%) Fixed Income
4 3 (12.00%) N-Tier
4 3 (12.00%) Visualisation
5 2 (8.00%) Open Source
5 2 (8.00%) Interest Rate Derivative
5 2 (8.00%) Equity Derivative
5 2 (8.00%) Computer Science
5 2 (8.00%) Foreign Exchange (FX)
6 1 (4.00%) Management Information System
6 1 (4.00%) Credit Risk
6 1 (4.00%) Market Risk
6 1 (4.00%) Grid Computing
6 1 (4.00%) Analytical Skills
6 1 (4.00%) Hedge funds
Operating Systems
1 6 (24.00%) UNIX
2 4 (16.00%) Linux
3 1 (4.00%) Windows
Processes & Methodologies
1 13 (52.00%) Agile Software Development
2 10 (40.00%) Risk Management
3 6 (24.00%) Migration
3 6 (24.00%) Project Management
4 5 (20.00%) Stakeholder Management
4 5 (20.00%) Analytics
5 4 (16.00%) TDD
5 4 (16.00%) User Acceptance Testing
5 4 (16.00%) Continuous Integration
5 4 (16.00%) Multithreading
5 4 (16.00%) SOA
5 4 (16.00%) OOP
5 4 (16.00%) OO
6 3 (12.00%) Test Automation
6 3 (12.00%) Test Management
6 3 (12.00%) Test Scripting
7 2 (8.00%) Root Cause Analysis
7 2 (8.00%) Capacity Management
7 2 (8.00%) Business Process Improvement
7 2 (8.00%) Test Strategy
Programming Languages
1 13 (52.00%) SQL
2 8 (32.00%) C#
3 7 (28.00%) Java
4 6 (24.00%) C++
5 5 (20.00%) Shell Script
6 4 (16.00%) C
6 4 (16.00%) Perl
7 3 (12.00%) VBA
7 3 (12.00%) Python
7 3 (12.00%) UniBasic
8 1 (4.00%) PL/SQL
8 1 (4.00%) VBScript
8 1 (4.00%) JavaScript
8 1 (4.00%) PowerShell
8 1 (4.00%) R
Qualifications
1 10 (40.00%) Degree
Quality Assurance & Compliance
1 7 (28.00%) QA
Systems Management
1 1 (4.00%) HP Quality Center
Vendors
1 3 (12.00%) Oracle
1 3 (12.00%) SunGard
1 3 (12.00%) Solace
2 1 (4.00%) Bloomberg
2 1 (4.00%) Charles River
2 1 (4.00%) TIBCO
2 1 (4.00%) Atlassian
2 1 (4.00%) Tradeweb
2 1 (4.00%) DataSynapse