The first table below looks at the prevalence of the term Hedge funds 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 Hedge funds over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

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 May 2013
Same period 2012 Same period 2011
Hedge fund
Rank - 43 55
Contract jobs citing Hedge funds 0 3 2
As % of all contract IT jobs located in Canary Wharf - 0.811% 0.400%
As % of the Miscellaneous category - 1.987% 0.554%
Number of daily rates quoted 0 3 1
Average daily rate - £575 £725
Average daily rate % change year-on-year
- -20.68%
UK excluding London average daily rate £371 £375 -
% change year-on-year
-1.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £25.00 £16.75
% change year-on-year
- +49.25%
All of the Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
180 151 361
As % of all contract IT jobs located in Canary Wharf 46.75% 40.81% 72.20%
Number of daily rates quoted 143 98 290
Average daily rate £600 £550 £600
Average daily rate % change year-on-year
+9.09% -8.33%
90% offered a daily rate of more than £500 £450 £475
10% offered a daily rate of more than £650 £650 £670
UK excluding London average daily rate £350 £342 £340
% change year-on-year
+2.41% +0.51%
Number of hourly rates quoted 1 0 2
Average hourly rate £42.50 - £15.00
UK excluding London average hourly rate £22.00 £24.50 £26.50
% change year-on-year
-10.20% -7.54%
Hedge funds
London

Hedge funds
Jobs Demand Trend

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

Canary Wharf Hedge funds Jobs Demand Trend

Hedge funds
Daily Rate Trend

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

Canary Wharf Hedge funds Daily Rate Trend

Hedge funds
Top 16 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the Canary Wharf region citing Hedge funds 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 Hedge funds.

1 1 (100.00%) SQL
1 1 (100.00%) VBA
1 1 (100.00%) Data Warehouse
1 1 (100.00%) Management Information System
1 1 (100.00%) Front Office
1 1 (100.00%) Workflow
1 1 (100.00%) Legal
1 1 (100.00%) Programme Management
1 1 (100.00%) Banking
1 1 (100.00%) Data Analysis
1 1 (100.00%) Business Analysis
1 1 (100.00%) QA
1 1 (100.00%) Credit Risk
1 1 (100.00%) Market Risk
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Analytics

Hedge funds
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the Canary Wharf region citing Hedge funds 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 Hedge funds. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (100.00%) Data Warehouse
General
1 1 (100.00%) Front Office
1 1 (100.00%) Legal
1 1 (100.00%) Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Systems Analyst
1 1 (100.00%) Data Analyst
Miscellaneous
1 1 (100.00%) Management Information System
1 1 (100.00%) Credit Risk
1 1 (100.00%) Market Risk
Processes & Methodologies
1 1 (100.00%) Workflow
1 1 (100.00%) Programme Management
1 1 (100.00%) Data Analysis
1 1 (100.00%) Business Analysis
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Analytics
Programming Languages
1 1 (100.00%) SQL
1 1 (100.00%) VBA
Quality Assurance & Compliance
1 1 (100.00%) QA