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 17 September 2014 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
17 Sep 2014
Same period 2013 Same period 2012
Front Office
Rank 19 8 8
Rank change year-on-year
-11 0
Contract jobs citing Front Office 3 38 52
As % of all contract IT jobs located in Canary Wharf 2.68% 17.59% 13.47%
As % of the General category 3.57% 25.50% 18.57%
Number of daily rates quoted 3 30 41
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £650 £550
Average daily rate % change year-on-year
-7.69% +18.18%
90% offered a daily rate of more than £580 £456 £500
10% offered a daily rate of more than £640 £700 £650
UK excluding London average daily rate £425 £400 £350
% change year-on-year
+6.25% +14.28%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £23.50
UK excluding London average hourly rate £21.00 £90.00 £36.00
% change year-on-year
-76.66% +150.00%
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
84 149 280
As % of all contract IT jobs located in Canary Wharf 75.00% 68.98% 72.54%
Number of daily rates quoted 35 111 218
Average daily rate £450 £550 £550
Average daily rate % change year-on-year
-18.18% -
90% offered a daily rate of more than £300 £300 £400
10% offered a daily rate of more than £610 £700 £650
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 3 2 1
Average hourly rate £35.00 £22.50 £23.50
Average hourly rate % change year-on-year
+55.55% -4.25%
UK excluding London average hourly rate £22.50 £21.50 £28.50
% change year-on-year
+4.65% -24.56%

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
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 15 Related IT Skills in Canary Wharf

For the 6 months to 17 September 2014, 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 2 (66.67%) Foreign Exchange (FX)
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Banking
2 1 (33.33%) Data Analysis
2 1 (33.33%) Investment Banking
2 1 (33.33%) QlikView
2 1 (33.33%) Data Mapping
2 1 (33.33%) Analytics
2 1 (33.33%) Risk Management
2 1 (33.33%) Finance
2 1 (33.33%) XML Messaging
2 1 (33.33%) FpML
2 1 (33.33%) XML
2 1 (33.33%) Python
2 1 (33.33%) Business Intelligence

Front Office
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 17 September 2014, 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.

Database & Business Intelligence
1 1 (33.33%) QlikView
General
1 1 (33.33%) Banking
1 1 (33.33%) Investment Banking
1 1 (33.33%) Finance
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Senior Business Analyst
1 2 (66.67%) Senior Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) Developer
2 1 (33.33%) IT Business Analyst
2 1 (33.33%) Python Developer
2 1 (33.33%) Agile Business Analyst
2 1 (33.33%) Senior IT Business Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) XML Messaging
1 1 (33.33%) FpML
1 1 (33.33%) XML
Miscellaneous
1 2 (66.67%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (33.33%) Agile Software Development
1 1 (33.33%) Data Analysis
1 1 (33.33%) Data Mapping
1 1 (33.33%) Analytics
1 1 (33.33%) Risk Management
1 1 (33.33%) Business Intelligence
Programming Languages
1 1 (33.33%) Python