The table below looks at the prevalence of the term Investment Banking 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 Investment Banking over the 3 months to 22 December 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
22 Dec 2014
Same period 2013 Same period 2012
Investment Banking
Rank 18 10 4
Rank change year-on-year
-8 -6
Contract jobs citing Investment Banking 6 23 108
As % of all contract IT jobs located in Canary Wharf 5.41% 12.57% 29.51%
As % of the General category 7.59% 17.42% 38.30%
Number of daily rates quoted 4 18 77
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £525 £550
Average daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £525 £425 £425
10% offered a daily rate of more than £628 £593 £600
UK excluding London average daily rate £425 £425 £375
% change year-on-year
- +13.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £15.00
Investment Banking
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
79 132 282
As % of all contract IT jobs located in Canary Wharf 71.17% 72.13% 77.05%
Number of daily rates quoted 66 96 194
Average daily rate £375 £500 £525
Average daily rate % change year-on-year
-25.00% -4.76%
90% offered a daily rate of more than £220 £363 £405
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £21.50
UK excluding London average hourly rate £22.50 £23.00 £21.94
% change year-on-year
-2.17% +4.84%

Investment Banking
Jobs Demand Trend in Canary Wharf

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

Investment Banking Jobs Demand Trend in Canary Wharf

Investment Banking
Daily Rate Trend in Canary Wharf

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

Investment Banking Daily Rate Trend in Canary Wharf

Investment Banking
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Investment Banking across the Canary Wharf region over the 3 months to 22 December 2014.

Investment Banking Daily Rate Histogram in Canary Wharf

Investment Banking
Hourly Rate Trend in Canary Wharf

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

Investment Banking Hourly Rate Trend in Canary Wharf

Investment Banking
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 22 December 2014, IT contractor jobs across the Canary Wharf region citing Investment Banking 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 Investment Banking.

1 12 (100.00%) Banking
2 5 (41.67%) Project Management
2 5 (41.67%) Front Office
2 5 (41.67%) Finance
2 5 (41.67%) Agile Software Development
3 3 (25.00%) C
3 3 (25.00%) Java
3 3 (25.00%) Back Office
3 3 (25.00%) Stakeholder Management
3 3 (25.00%) Equities
3 3 (25.00%) User Acceptance Testing
3 3 (25.00%) Analytical Skills
4 2 (16.67%) SQL
4 2 (16.67%) MS Project
4 2 (16.67%) XML
4 2 (16.67%) OO
4 2 (16.67%) MS Excel
4 2 (16.67%) Microsoft
4 2 (16.67%) Change Management
4 2 (16.67%) Risk Management
4 2 (16.67%) XML Messaging
4 2 (16.67%) Fixed Income
4 2 (16.67%) Degree
4 2 (16.67%) QA
4 2 (16.67%) Test Management
4 2 (16.67%) Continuous Integration
4 2 (16.67%) Analytics
5 1 (8.33%) C++
5 1 (8.33%) VBA
5 1 (8.33%) .NET

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 22 December 2014, IT contractor jobs across the Canary Wharf region citing Investment Banking 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 Investment Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (8.33%) WebLogic
1 1 (8.33%) JBoss
1 1 (8.33%) SharePoint
1 1 (8.33%) Confluence
Applications
1 2 (16.67%) MS Project
1 2 (16.67%) MS Excel
2 1 (8.33%) MS Visio
2 1 (8.33%) MS PowerPoint
Database & Business Intelligence
1 1 (8.33%) SQL Server
1 1 (8.33%) QlikView
Development Applications
1 1 (8.33%) Ant
1 1 (8.33%) Oracle Forms
1 1 (8.33%) Subversion
1 1 (8.33%) Maven
1 1 (8.33%) JIRA
1 1 (8.33%) Selenium
1 1 (8.33%) Atlassian Bamboo
1 1 (8.33%) Git (software)
1 1 (8.33%) WebDriver
1 1 (8.33%) Cucumber
General
1 12 (100.00%) Banking
2 5 (41.67%) Front Office
2 5 (41.67%) Finance
3 3 (25.00%) Back Office
4 1 (8.33%) Publishing
Job Titles
1 2 (16.67%) Developer
1 2 (16.67%) Analyst
1 2 (16.67%) Test Manager
1 2 (16.67%) Project Coordinator
1 2 (16.67%) Coordinator
1 2 (16.67%) Project Manager
2 1 (8.33%) Business Analyst
2 1 (8.33%) Programme Manager
2 1 (8.33%) IT Project Manager
2 1 (8.33%) Project Analyst
2 1 (8.33%) Quantitative Developer
2 1 (8.33%) Delivery Manager
2 1 (8.33%) IT Business Analyst
2 1 (8.33%) Programme Test Manager
2 1 (8.33%) Test Leader
2 1 (8.33%) C++ Quantitative Developer
2 1 (8.33%) Senior IT Business Analyst
2 1 (8.33%) Report Manager
2 1 (8.33%) IT Manager
2 1 (8.33%) Senior Developer
Libraries, Frameworks & Software Standards
1 2 (16.67%) XML
1 2 (16.67%) XML Messaging
2 1 (8.33%) Boost C++ Libraries
2 1 (8.33%) FpML
2 1 (8.33%) .NET
2 1 (8.33%) COM
2 1 (8.33%) STL
Miscellaneous
1 3 (25.00%) Equities
1 3 (25.00%) Analytical Skills
2 2 (16.67%) Fixed Income
3 1 (8.33%) DTCC
3 1 (8.33%) Reference Data
3 1 (8.33%) Foreign Exchange (FX)
3 1 (8.33%) Mainframe
Operating Systems
1 1 (8.33%) Linux
Processes & Methodologies
1 5 (41.67%) Project Management
1 5 (41.67%) Agile Software Development
2 3 (25.00%) User Acceptance Testing
2 3 (25.00%) Stakeholder Management
3 2 (16.67%) Analytics
3 2 (16.67%) Test Management
3 2 (16.67%) Continuous Integration
3 2 (16.67%) Change Management
3 2 (16.67%) Risk Management
3 2 (16.67%) OO
4 1 (8.33%) Business Intelligence
4 1 (8.33%) PRINCE2
4 1 (8.33%) OOP
4 1 (8.33%) Quality Management
4 1 (8.33%) TDD
4 1 (8.33%) Pair Programming
4 1 (8.33%) Data Analysis
4 1 (8.33%) Software Engineering
4 1 (8.33%) Business Analysis
4 1 (8.33%) Strategic Planning
Programming Languages
1 3 (25.00%) Java
1 3 (25.00%) C
2 2 (16.67%) SQL
3 1 (8.33%) VBA
3 1 (8.33%) Python
3 1 (8.33%) Shell Script
3 1 (8.33%) C++
Qualifications
1 2 (16.67%) Degree
2 1 (8.33%) ISEB
2 1 (8.33%) ISEB Practitioner
Quality Assurance & Compliance
1 2 (16.67%) QA
2 1 (8.33%) Sarbanes-Oxley
Systems Management
1 1 (8.33%) HP Quality Center
Vendors
1 2 (16.67%) Microsoft
2 1 (8.33%) Atlassian
2 1 (8.33%) Oracle