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 28 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
28 Aug 2015
Same period 2014 Same period 2013
Investment Banking
Rank 21 18 6
Rank change year-on-year
-3 -12
Contract jobs citing Investment Banking 11 5 43
As % of all contract IT jobs located in Canary Wharf 5.88% 4.39% 19.72%
As % of the General category 8.21% 5.75% 27.92%
Number of daily rates quoted 8 3 31
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £575 £600
Average daily rate % change year-on-year
-8.69% -4.16%
90% offered a daily rate of more than £430 £355 £400
10% offered a daily rate of more than £671 £595 £650
UK excluding London average daily rate £475 £402 £425
% change year-on-year
+18.30% -5.52%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £175.00 £19.00
% change year-on-year
- +821.05%
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
134 87 154
As % of all contract IT jobs located in Canary Wharf 71.66% 76.32% 70.64%
Number of daily rates quoted 100 39 119
Average daily rate £475 £450 £550
Average daily rate % change year-on-year
+5.55% -18.18%
90% offered a daily rate of more than £300 £300 £309
10% offered a daily rate of more than £558 £600 £700
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
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 £25.83 £22.50 £22.47
% change year-on-year
+14.80% +0.15%

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 28 August 2015.

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 28 August 2015, 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 36 (100.00%) Banking
2 20 (55.56%) Finance
3 17 (47.22%) Agile Software Development
4 13 (36.11%) Front Office
5 12 (33.33%) SDLC
6 11 (30.56%) SQL
7 10 (27.78%) Degree
8 8 (22.22%) Java
9 7 (19.44%) C#
9 7 (19.44%) UNIX
9 7 (19.44%) QA
9 7 (19.44%) Migration
9 7 (19.44%) Analytical Skills
10 6 (16.67%) .NET
11 5 (13.89%) Risk Management
11 5 (13.89%) TDD
11 5 (13.89%) Credit Risk
11 5 (13.89%) Derivative
11 5 (13.89%) Test Automation
11 5 (13.89%) Analytics
11 5 (13.89%) Test Management
12 4 (11.11%) Multithreading
12 4 (11.11%) Equities
12 4 (11.11%) Stakeholder Management
12 4 (11.11%) Oracle
12 4 (11.11%) SQL Server
12 4 (11.11%) C++
12 4 (11.11%) Linux
13 3 (8.33%) OOP
13 3 (8.33%) OO

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 28 August 2015, 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 (2.78%) WebSphere Application Server
1 1 (2.78%) SharePoint
1 1 (2.78%) CICS
1 1 (2.78%) WebSphere
1 1 (2.78%) Oracle Coherence
1 1 (2.78%) OpenStack
1 1 (2.78%) Apache Spark
Applications
1 2 (5.56%) MS Excel
1 2 (5.56%) MS Visio
1 2 (5.56%) MS PowerPoint
2 1 (2.78%) MS Project
2 1 (2.78%) MS Office
Business Applications
1 1 (2.78%) Summit
Cloud Services
1 1 (2.78%) Cloud Computing
1 1 (2.78%) Amazon AWS
1 1 (2.78%) IBM Blueworks
Communications & Networking
1 3 (8.33%) FTP
2 1 (2.78%) TCP/IP
2 1 (2.78%) Firewall
2 1 (2.78%) Multicast
Database & Business Intelligence
1 4 (11.11%) SQL Server
2 2 (5.56%) BusinessObjects
2 2 (5.56%) SQL Server 2008
2 2 (5.56%) Relational Database
3 1 (2.78%) Hadoop
3 1 (2.78%) Big Data
3 1 (2.78%) Oracle Database
3 1 (2.78%) SQL Server 2005
3 1 (2.78%) SQL Server Integration Services
3 1 (2.78%) Spotfire
3 1 (2.78%) QlikView
3 1 (2.78%) DB2
3 1 (2.78%) DTS
3 1 (2.78%) Data Mining
Development Applications
1 3 (8.33%) JIRA
1 3 (8.33%) Selenium
1 3 (8.33%) Cucumber
2 2 (5.56%) Maven
2 2 (5.56%) Git (software)
3 1 (2.78%) WebDriver
3 1 (2.78%) TeamCity
3 1 (2.78%) Ant
3 1 (2.78%) VSS/SourceSafe
3 1 (2.78%) ClearCase
3 1 (2.78%) Rational Rose
3 1 (2.78%) ClearQuest
3 1 (2.78%) Hudson
3 1 (2.78%) Jenkins
General
1 36 (100.00%) Banking
2 20 (55.56%) Finance
3 13 (36.11%) Front Office
4 2 (5.56%) Back Office
4 2 (5.56%) Legal
5 1 (2.78%) Publishing
5 1 (2.78%) Retail
5 1 (2.78%) Financial Institution
Job Titles
1 15 (41.67%) Developer
2 5 (13.89%) Architect
2 5 (13.89%) Test Manager
2 5 (13.89%) Solutions Architect
3 4 (11.11%) Business Analyst
3 4 (11.11%) Java Developer
3 4 (11.11%) C# Developer
3 4 (11.11%) Analyst
4 3 (8.33%) Project Manager
5 2 (5.56%) Programme Manager
5 2 (5.56%) Programme Test Manager
6 1 (2.78%) RAD Developer
6 1 (2.78%) Test Leader
6 1 (2.78%) Agile Business Analyst
6 1 (2.78%) Market Data Engineer
6 1 (2.78%) C# .NET Developer
6 1 (2.78%) Lead Solutions Architect
6 1 (2.78%) DevOps Engineer
6 1 (2.78%) Big Data Developer
6 1 (2.78%) AWS Developer
Libraries, Frameworks & Software Standards
1 6 (16.67%) .NET
2 2 (5.56%) Apache Flex
2 2 (5.56%) Spring
2 2 (5.56%) JSF
2 2 (5.56%) HTML
3 1 (2.78%) .NET Framework
3 1 (2.78%) WCF
3 1 (2.78%) WPF
3 1 (2.78%) HTML5
3 1 (2.78%) Kafka
3 1 (2.78%) CSS
3 1 (2.78%) XML
3 1 (2.78%) XSLT
3 1 (2.78%) J2SE
3 1 (2.78%) Middleware
3 1 (2.78%) Hibernate
Miscellaneous
1 7 (19.44%) Analytical Skills
2 5 (13.89%) Derivative
2 5 (13.89%) Credit Risk
3 4 (11.11%) Equities
4 3 (8.33%) Visualisation
4 3 (8.33%) N-Tier
5 2 (5.56%) Mainframe
5 2 (5.56%) Interest Rate Derivative
5 2 (5.56%) Reference Data
5 2 (5.56%) Market Risk
6 1 (2.78%) IBM Mainframe
6 1 (2.78%) Cryptography
6 1 (2.78%) Data Integration
6 1 (2.78%) Hedge funds
6 1 (2.78%) Equity Derivative
6 1 (2.78%) Computer Science
6 1 (2.78%) Management Information System
6 1 (2.78%) Foreign Exchange (FX)
Operating Systems
1 7 (19.44%) UNIX
2 4 (11.11%) Linux
3 1 (2.78%) Windows
3 1 (2.78%) AIX
Processes & Methodologies
1 17 (47.22%) Agile Software Development
2 12 (33.33%) SDLC
3 7 (19.44%) Migration
4 5 (13.89%) Risk Management
4 5 (13.89%) TDD
4 5 (13.89%) Test Management
4 5 (13.89%) Analytics
4 5 (13.89%) Test Automation
5 4 (11.11%) Multithreading
5 4 (11.11%) Stakeholder Management
6 3 (8.33%) OOP
6 3 (8.33%) OO
6 3 (8.33%) Business Analysis
6 3 (8.33%) Open Source
6 3 (8.33%) Test Strategy
6 3 (8.33%) Continuous Integration
7 2 (5.56%) Continuous Delivery
7 2 (5.56%) Mentoring
7 2 (5.56%) Investment Management
7 2 (5.56%) Time Management
Programming Languages
1 11 (30.56%) SQL
2 8 (22.22%) Java
3 7 (19.44%) C#
4 4 (11.11%) C++
5 3 (8.33%) Perl
5 3 (8.33%) C
5 3 (8.33%) Shell Script
6 2 (5.56%) Python
6 2 (5.56%) PL/SQL
7 1 (2.78%) COBOL
7 1 (2.78%) T-SQL
7 1 (2.78%) JCL
7 1 (2.78%) Ruby
7 1 (2.78%) Scala
7 1 (2.78%) R
Qualifications
1 10 (27.78%) Degree
2 1 (2.78%) ISEB
2 1 (2.78%) Microsoft Certification
2 1 (2.78%) ISTQB
Quality Assurance & Compliance
1 7 (19.44%) QA
System Software
1 1 (2.78%) Docker
Systems Management
1 1 (2.78%) HP Quality Center
1 1 (2.78%) Puppet
1 1 (2.78%) Opscode Chef
Vendors
1 4 (11.11%) Oracle
2 3 (8.33%) Pega
3 2 (5.56%) Solace
3 2 (5.56%) Sybase
3 2 (5.56%) IBM
3 2 (5.56%) Microsoft
3 2 (5.56%) Informatica
3 2 (5.56%) Perforce
4 1 (2.78%) Actimize
4 1 (2.78%) Reuters
4 1 (2.78%) Bloomberg
4 1 (2.78%) Murex
4 1 (2.78%) Calypso
4 1 (2.78%) Fidessa
4 1 (2.78%) Blue Prism