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 23 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
23 Sep 2014
Same period 2013 Same period 2012
Investment Banking
Rank 18 6 4
Rank change year-on-year
-12 -2
Contract jobs citing Investment Banking 6 43 121
As % of all contract IT jobs located in Canary Wharf 5.22% 19.63% 30.79%
As % of the General category 6.90% 28.67% 42.31%
Number of daily rates quoted 3 27 99
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £575 £550
Average daily rate % change year-on-year
- +4.54%
90% offered a daily rate of more than £355 £448 £450
10% offered a daily rate of more than £595 £650 £610
UK excluding London average daily rate £400 £425 £375
% change year-on-year
-5.88% +13.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £175.00 £18.00 £15.00
% change year-on-year
+872.22% +20.00%
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
87 150 286
As % of all contract IT jobs located in Canary Wharf 75.65% 68.49% 72.77%
Number of daily rates quoted 38 110 227
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 £600 £650 £650
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 4 1 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 £25.25 £20.50 £29.00
% change year-on-year
+23.17% -29.31%

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 23 September 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 23 September 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%) Finance
3 3 (25.00%) Java
3 3 (25.00%) Project Management
4 2 (16.67%) XML
4 2 (16.67%) Sybase
4 2 (16.67%) Change Management
4 2 (16.67%) XML Messaging
4 2 (16.67%) Hibernate
4 2 (16.67%) Equities
4 2 (16.67%) Spring
4 2 (16.67%) Multithreading
4 2 (16.67%) Agile Software Development
4 2 (16.67%) User Acceptance Testing
4 2 (16.67%) Analytical Skills
5 1 (8.33%) People Management
5 1 (8.33%) Test Management
5 1 (8.33%) Continuous Integration
5 1 (8.33%) TDD
5 1 (8.33%) Pair Programming
5 1 (8.33%) ISEB Practitioner
5 1 (8.33%) Data Analysis
5 1 (8.33%) C
5 1 (8.33%) Reference Data
5 1 (8.33%) Data Mapping
5 1 (8.33%) HP Quality Center
5 1 (8.33%) BDD
5 1 (8.33%) Test Strategy
5 1 (8.33%) ATDD
5 1 (8.33%) Agile Testing

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 23 September 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%) SharePoint
Applications
1 1 (8.33%) MS Project
1 1 (8.33%) MS Excel
1 1 (8.33%) MS Visio
1 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%) Oracle Forms
General
1 12 (100.00%) Banking
2 5 (41.67%) Finance
3 1 (8.33%) Publishing
3 1 (8.33%) Front Office
3 1 (8.33%) Back Office
Job Titles
1 3 (25.00%) Developer
1 3 (25.00%) Analyst
2 2 (16.67%) Java Developer
2 2 (16.67%) Consultant
3 1 (8.33%) Solutions Architect
3 1 (8.33%) Senior Developer
3 1 (8.33%) Solutions Designer
3 1 (8.33%) Senior Business Analyst
3 1 (8.33%) Senior Analyst
3 1 (8.33%) Release Manager
3 1 (8.33%) Project Coordinator
3 1 (8.33%) Project Analyst
3 1 (8.33%) Delivery Manager
3 1 (8.33%) IT Business Analyst
3 1 (8.33%) MI Analyst
3 1 (8.33%) Designer
3 1 (8.33%) Compliance Consultant
3 1 (8.33%) Senior IT Business Analyst
3 1 (8.33%) Test Manager
3 1 (8.33%) IT Manager
Libraries, Frameworks & Software Standards
1 2 (16.67%) XML
1 2 (16.67%) XML Messaging
1 2 (16.67%) Hibernate
1 2 (16.67%) Spring
2 1 (8.33%) FpML
Miscellaneous
1 2 (16.67%) Equities
1 2 (16.67%) Analytical Skills
2 1 (8.33%) Foreign Exchange (FX)
2 1 (8.33%) DTCC
2 1 (8.33%) Reference Data
Processes & Methodologies
1 3 (25.00%) Project Management
2 2 (16.67%) Change Management
2 2 (16.67%) Agile Software Development
2 2 (16.67%) Multithreading
2 2 (16.67%) User Acceptance Testing
3 1 (8.33%) Test Management
3 1 (8.33%) Continuous Integration
3 1 (8.33%) Data Mapping
3 1 (8.33%) BDD
3 1 (8.33%) Test Strategy
3 1 (8.33%) ATDD
3 1 (8.33%) Agile Testing
3 1 (8.33%) Analytics
3 1 (8.33%) User Stories
3 1 (8.33%) People Management
3 1 (8.33%) TDD
3 1 (8.33%) Pair Programming
3 1 (8.33%) Data Analysis
3 1 (8.33%) Software Engineering
3 1 (8.33%) Business Analysis
Programming Languages
1 3 (25.00%) Java
2 1 (8.33%) SQL
2 1 (8.33%) VBA
2 1 (8.33%) Python
2 1 (8.33%) C
Qualifications
1 1 (8.33%) ISEB
1 1 (8.33%) ISEB Practitioner
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 1 (8.33%) Sarbanes-Oxley
1 1 (8.33%) MiFID
Systems Management
1 1 (8.33%) HP Quality Center
Vendors
1 2 (16.67%) Sybase
2 1 (8.33%) IBM
2 1 (8.33%) Microsoft
2 1 (8.33%) Oracle