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 27 August 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
27 Aug 2015
Same period 2014 Same period 2013
Front Office
Rank 24 20 11
Rank change year-on-year
-4 -9
Contract jobs citing Front Office 6 3 34
As % of all contract IT jobs located in Canary Wharf 3.26% 2.63% 15.45%
As % of the General category 4.55% 3.45% 21.79%
Number of daily rates quoted 5 3 29
Average daily rate
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of your Daily Rate
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£500 £600 £650
Average daily rate % change year-on-year
-16.66% -7.69%
90% offered a daily rate of more than £460 £580 £447
10% offered a daily rate of more than £593 £640 £700
UK excluding London average daily rate £500 £413 £425
% change year-on-year
+21.21% -2.94%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £65.00 £21.00 £90.00
% change year-on-year
+209.52% -76.66%
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
132 87 156
As % of all contract IT jobs located in Canary Wharf 71.74% 76.32% 70.91%
Number of daily rates quoted 99 39 120
Average daily rate £475 £450 £548
Average daily rate % change year-on-year
+5.55% -17.80%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £560 £600 £700
UK excluding London average daily rate £400 £388 £383
% change year-on-year
+3.22% +1.30%
Number of hourly rates quoted 3 8 2
Average hourly rate £25.00 £18.00 £22.50
Average hourly rate % change year-on-year
+38.88% -20.00%
UK excluding London average hourly rate £25.00 £22.50 £21.82
% change year-on-year
+11.11% +3.14%

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 27 August 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 27 August 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 22 (84.62%) Finance
2 17 (65.38%) Banking
3 13 (50.00%) Investment Banking
4 12 (46.15%) Agile Software Development
4 12 (46.15%) SQL
5 10 (38.46%) SDLC
6 9 (34.62%) C#
6 9 (34.62%) Degree
7 7 (26.92%) Derivative
7 7 (26.92%) QA
7 7 (26.92%) Risk Management
8 6 (23.08%) C++
8 6 (23.08%) .NET
8 6 (23.08%) UNIX
8 6 (23.08%) Migration
9 5 (19.23%) TDD
9 5 (19.23%) Equities
9 5 (19.23%) Java
9 5 (19.23%) Analytics
10 4 (15.38%) Perl
10 4 (15.38%) SQL Server
10 4 (15.38%) XML
10 4 (15.38%) Foreign Exchange (FX)
10 4 (15.38%) Shell Script
10 4 (15.38%) Project Management
10 4 (15.38%) Stakeholder Management
10 4 (15.38%) Selenium
10 4 (15.38%) User Acceptance Testing
10 4 (15.38%) Test Management
10 4 (15.38%) Multithreading

Front Office
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 27 August 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 2 (7.69%) SharePoint
1 2 (7.69%) Oracle Coherence
Applications
1 1 (3.85%) MS Excel
Business Applications
1 3 (11.54%) Global One
Communications & Networking
1 2 (7.69%) FTP
Database & Business Intelligence
1 4 (15.38%) SQL Server
2 3 (11.54%) UniData
3 2 (7.69%) Relational Database
4 1 (3.85%) DTS
4 1 (3.85%) Data Mining
4 1 (3.85%) SQL Server 2005
4 1 (3.85%) SQL Server Integration Services
4 1 (3.85%) SQL Server 2008
Development Applications
1 4 (15.38%) Selenium
2 3 (11.54%) Cucumber
3 1 (3.85%) TeamCity
3 1 (3.85%) WebDriver
3 1 (3.85%) ClearCase
3 1 (3.85%) HP UFT
3 1 (3.85%) Maven
3 1 (3.85%) JIRA
General
1 22 (84.62%) Finance
2 17 (65.38%) Banking
3 13 (50.00%) Investment Banking
4 2 (7.69%) Retail
5 1 (3.85%) Retail Banking
5 1 (3.85%) Corporate Banking
5 1 (3.85%) Legal
5 1 (3.85%) Back Office
5 1 (3.85%) Telecoms
Job Titles
1 12 (46.15%) Developer
2 6 (23.08%) C# Developer
3 4 (15.38%) Analyst
3 4 (15.38%) Test Manager
4 3 (11.54%) Project Manager
4 3 (11.54%) Business Analyst
5 2 (7.69%) C# .NET Developer
5 2 (7.69%) Programme Manager
5 2 (7.69%) Programme Test Manager
6 1 (3.85%) RAD Developer
6 1 (3.85%) 2nd Line Support Analyst
6 1 (3.85%) Product Specialist
6 1 (3.85%) Agile Business Analyst
6 1 (3.85%) Automation Tester
6 1 (3.85%) Applications Support Analyst
6 1 (3.85%) Project Administrator
6 1 (3.85%) Infrastructure Manager
6 1 (3.85%) Senior Java Developer
6 1 (3.85%) Business Project Manager
6 1 (3.85%) Business Manager
Libraries, Frameworks & Software Standards
1 6 (23.08%) .NET
2 4 (15.38%) XML
3 2 (7.69%) Middleware
3 2 (7.69%) WCF
4 1 (3.85%) WPF
4 1 (3.85%) FpML
4 1 (3.85%) Spring
4 1 (3.85%) .NET Framework
4 1 (3.85%) XSLT
4 1 (3.85%) Swing
4 1 (3.85%) J2SE
Miscellaneous
1 7 (26.92%) Derivative
2 5 (19.23%) Equities
3 4 (15.38%) Foreign Exchange (FX)
4 3 (11.54%) N-Tier
4 3 (11.54%) Visualisation
5 2 (7.69%) Analytical Skills
5 2 (7.69%) Video Conferencing
5 2 (7.69%) Fixed Income
5 2 (7.69%) Interest Rate Derivative
5 2 (7.69%) Equity Derivative
5 2 (7.69%) Computer Science
6 1 (3.85%) Credit Risk
6 1 (3.85%) Market Risk
6 1 (3.85%) Grid Computing
6 1 (3.85%) Management Information System
6 1 (3.85%) Reference Data
6 1 (3.85%) Data Centre
6 1 (3.85%) Hedge funds
Operating Systems
1 6 (23.08%) UNIX
2 2 (7.69%) Linux
3 1 (3.85%) Windows
Processes & Methodologies
1 12 (46.15%) Agile Software Development
2 10 (38.46%) SDLC
3 7 (26.92%) Risk Management
4 6 (23.08%) Migration
5 5 (19.23%) TDD
5 5 (19.23%) Analytics
6 4 (15.38%) Test Management
6 4 (15.38%) Stakeholder Management
6 4 (15.38%) Project Management
6 4 (15.38%) User Acceptance Testing
6 4 (15.38%) Multithreading
7 3 (11.54%) Test Automation
7 3 (11.54%) SOA
7 3 (11.54%) OOP
7 3 (11.54%) OO
7 3 (11.54%) Test Scripting
7 3 (11.54%) Continuous Integration
7 3 (11.54%) Test Strategy
8 2 (7.69%) Root Cause Analysis
8 2 (7.69%) Change Management
Programming Languages
1 12 (46.15%) SQL
2 9 (34.62%) C#
3 6 (23.08%) C++
4 5 (19.23%) Java
5 4 (15.38%) Perl
5 4 (15.38%) Shell Script
6 3 (11.54%) UniBasic
6 3 (11.54%) VBA
6 3 (11.54%) Python
6 3 (11.54%) C
7 1 (3.85%) Ruby
7 1 (3.85%) PowerShell
7 1 (3.85%) R
7 1 (3.85%) PL/SQL
7 1 (3.85%) VBScript
7 1 (3.85%) JavaScript
Qualifications
1 9 (34.62%) Degree
2 3 (11.54%) PMP
2 3 (11.54%) PMI Certification
3 1 (3.85%) CISA
3 1 (3.85%) CISM
3 1 (3.85%) CISSP
Quality Assurance & Compliance
1 7 (26.92%) QA
Systems Management
1 1 (3.85%) HP Quality Center
Vendors
1 3 (11.54%) SunGard
1 3 (11.54%) Solace
2 2 (7.69%) Oracle
3 1 (3.85%) Microsoft
3 1 (3.85%) Bloomberg
3 1 (3.85%) Charles River
3 1 (3.85%) Perforce
3 1 (3.85%) DataSynapse
3 1 (3.85%) Tradeweb