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 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Investment Banking
Rank 17 6 17
Rank change year-on-year
-11 +11
Contract jobs citing Investment Banking 7 25 5
As % of all contract IT jobs located in Canary Wharf 5.47% 18.80% 3.79%
As % of the General category 7.95% 26.32% 5.49%
Number of daily rates quoted 6 22 3
Average daily rate £701 £525 £550
Average daily rate % change year-on-year
+33.42% -4.54%
90% offered a daily rate of more than £253 £475 £350
10% offered a daily rate of more than £850 £623 £610
UK excluding London average daily rate £425 £438 £425
% change year-on-year
-2.85% +2.94%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
88 95 91
As % of all contract IT jobs located in Canary Wharf 68.75% 71.43% 68.94%
Number of daily rates quoted 74 64 63
Average daily rate £493 £523 £450
Average daily rate % change year-on-year
-5.74% +16.11%
90% offered a daily rate of more than £355 £371 £215
10% offered a daily rate of more than £701 £625 £600
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 2 2 5
Average hourly rate £29.00 £12.50 £28.00
Average hourly rate % change year-on-year
+132.00% -55.35%
UK excluding London average hourly rate £28.00 £24.00 £25.50
% change year-on-year
+16.66% -5.88%

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 30 April 2016.

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 30 April 2016, 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 25 (100.00%) Banking
2 9 (36.00%) Finance
3 8 (32.00%) Java
4 7 (28.00%) SQL
4 7 (28.00%) Front Office
5 6 (24.00%) Agile Software Development
6 4 (16.00%) TDD
6 4 (16.00%) Software Engineering
6 4 (16.00%) BDD
6 4 (16.00%) Stakeholder Management
7 3 (12.00%) Equities
7 3 (12.00%) Back Office
7 3 (12.00%) Fidessa
7 3 (12.00%) Tcl
7 3 (12.00%) Shell Script
7 3 (12.00%) Project Management
7 3 (12.00%) Test Automation
7 3 (12.00%) WebDriver
7 3 (12.00%) Cucumber
7 3 (12.00%) Data Management
7 3 (12.00%) FIX Protocol
7 3 (12.00%) Selenium
7 3 (12.00%) Credit Risk
7 3 (12.00%) Multithreading
8 2 (8.00%) QA
8 2 (8.00%) Matrix Management
8 2 (8.00%) Zachman Framework
8 2 (8.00%) TOGAF
8 2 (8.00%) Spring
8 2 (8.00%) Logistics

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 30 April 2016, 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 2 (8.00%) Mule
1 2 (8.00%) SAS
1 2 (8.00%) SharePoint
Applications
1 2 (8.00%) MS Excel
1 2 (8.00%) MS PowerPoint
1 2 (8.00%) MS Visio
2 1 (4.00%) MS Office
2 1 (4.00%) MS Project
Database & Business Intelligence
1 2 (8.00%) Big Data
1 2 (8.00%) Data Warehouse
1 2 (8.00%) QlikView
2 1 (4.00%) HBase
2 1 (4.00%) MS Access
2 1 (4.00%) SQL Server
Development Applications
1 3 (12.00%) Cucumber
1 3 (12.00%) Selenium
1 3 (12.00%) WebDriver
2 2 (8.00%) JBehave
General
1 25 (100.00%) Banking
2 9 (36.00%) Finance
3 7 (28.00%) Front Office
4 3 (12.00%) Back Office
5 2 (8.00%) Retail
6 1 (4.00%) Financial Institution
Job Titles
1 12 (48.00%) Developer
2 6 (24.00%) Analyst
3 4 (16.00%) Senior Developer
4 3 (12.00%) Fidessa Developer
4 3 (12.00%) Senior Fidessa Developer
4 3 (12.00%) Senior SQL Developer
4 3 (12.00%) SQL Developer
5 2 (8.00%) Architect
5 2 (8.00%) Banking Analyst
5 2 (8.00%) Business Analyst
5 2 (8.00%) Data Architect
5 2 (8.00%) Java Developer
5 2 (8.00%) Lead Architect
5 2 (8.00%) Lead Data Architect
5 2 (8.00%) Lead Solutions Architect
5 2 (8.00%) Messaging Architect
5 2 (8.00%) Middleware Architect
5 2 (8.00%) PMO Analyst
5 2 (8.00%) SAS Developer
5 2 (8.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (12.00%) FIX Protocol
2 2 (8.00%) Middleware
2 2 (8.00%) Spring
2 2 (8.00%) Spring Integration
3 1 (4.00%) .NET
3 1 (4.00%) ASP.NET
3 1 (4.00%) WCF
3 1 (4.00%) WPF
Miscellaneous
1 3 (12.00%) Credit Risk
1 3 (12.00%) Equities
2 2 (8.00%) Analytical Skills
2 2 (8.00%) Visualisation
3 1 (4.00%) Computer Science
3 1 (4.00%) Derivative
3 1 (4.00%) Equity Derivative
3 1 (4.00%) Fixed Income
3 1 (4.00%) Grid Computing
3 1 (4.00%) Learning Management System
3 1 (4.00%) Market Risk
3 1 (4.00%) PMI
3 1 (4.00%) Reference Data
Operating Systems
1 1 (4.00%) Windows
1 1 (4.00%) Windows 7
Processes & Methodologies
1 6 (24.00%) Agile Software Development
2 4 (16.00%) BDD
2 4 (16.00%) Software Engineering
2 4 (16.00%) Stakeholder Management
2 4 (16.00%) TDD
3 3 (12.00%) Data Management
3 3 (12.00%) Multithreading
3 3 (12.00%) Project Management
3 3 (12.00%) Test Automation
4 2 (8.00%) Change Control
4 2 (8.00%) Data Migration
4 2 (8.00%) Financial Modelling
4 2 (8.00%) Logistics
4 2 (8.00%) Matrix Management
4 2 (8.00%) Migration
4 2 (8.00%) Programme Management
4 2 (8.00%) Quality Management
4 2 (8.00%) Test Strategy
4 2 (8.00%) TOGAF
4 2 (8.00%) Zachman Framework
Programming Languages
1 8 (32.00%) Java
2 7 (28.00%) SQL
3 3 (12.00%) Shell Script
3 3 (12.00%) Tcl
4 1 (4.00%) C#
4 1 (4.00%) Ruby
4 1 (4.00%) Scala
4 1 (4.00%) VB
4 1 (4.00%) VB.NET
4 1 (4.00%) XAML
Qualifications
1 1 (4.00%) Degree
1 1 (4.00%) MCP
1 1 (4.00%) MCSE
1 1 (4.00%) Microsoft Certification
1 1 (4.00%) PMI Certification
Quality Assurance & Compliance
1 2 (8.00%) QA
2 1 (4.00%) Dodd-Frank
2 1 (4.00%) EMIR
2 1 (4.00%) FATCA
2 1 (4.00%) Sarbanes-Oxley
2 1 (4.00%) SDET
System Software
1 1 (4.00%) Active Directory
Vendors
1 3 (12.00%) Fidessa
2 2 (8.00%) Microsoft
2 2 (8.00%) Pega
2 2 (8.00%) TIBCO
3 1 (4.00%) Infragistics
3 1 (4.00%) ServiceNow