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 5 February 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.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Investment Banking
Rank 8 17 6
Rank change year-on-year
+9 -11
Contract jobs citing Investment Banking 16 5 30
As % of all contract IT jobs located in Canary Wharf 12.60% 5.05% 17.05%
As % of the General category 16.49% 7.46% 23.44%
Number of daily rates quoted 13 3 26
Average daily rate £550 £525 £525
Average daily rate % change year-on-year
+4.76% -
90% offered a daily rate of more than £460 £525 £488
10% offered a daily rate of more than £690 £565 £700
UK excluding London average daily rate £425 £423 £423
% change year-on-year
+0.59% -
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
97 67 128
As % of all contract IT jobs located in Canary Wharf 76.38% 67.68% 72.73%
Number of daily rates quoted 77 55 90
Average daily rate £500 £450 £525
Average daily rate % change year-on-year
+11.11% -14.28%
90% offered a daily rate of more than £275 £243 £382
10% offered a daily rate of more than £700 £581 £700
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £20.00
UK excluding London average hourly rate £35.00 £26.00 £22.00
% change year-on-year
+34.61% +18.18%

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 5 February 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 5 February 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 40 (100.00%) Banking
2 20 (50.00%) Finance
3 15 (37.50%) SQL
4 13 (32.50%) Agile Software Development
5 12 (30.00%) Front Office
5 12 (30.00%) Java
6 9 (22.50%) SQL Server
7 8 (20.00%) TDD
8 6 (15.00%) Windows
8 6 (15.00%) Stakeholder Management
8 6 (15.00%) BDD
8 6 (15.00%) Analytical Skills
9 5 (12.50%) Performance Tuning
9 5 (12.50%) Change Control
9 5 (12.50%) Big Data
9 5 (12.50%) Cucumber
9 5 (12.50%) WebDriver
9 5 (12.50%) SQL Server 2008
9 5 (12.50%) Test Automation
9 5 (12.50%) Selenium
9 5 (12.50%) Test Management
9 5 (12.50%) Change Management
9 5 (12.50%) Data Management
9 5 (12.50%) SQL Server Reporting Services
9 5 (12.50%) C#
10 4 (10.00%) SAN
10 4 (10.00%) Data Modelling
10 4 (10.00%) Linux
10 4 (10.00%) ITIL
10 4 (10.00%) Retail

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 February 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 (5.00%) SAS
1 2 (5.00%) SharePoint
2 1 (2.50%) Confluence
2 1 (2.50%) OpenStack
Applications
1 2 (5.00%) MS Excel
2 1 (2.50%) MS Office
2 1 (2.50%) MS PowerPoint
2 1 (2.50%) MS Project
2 1 (2.50%) MS Visio
Cloud Services
1 1 (2.50%) Amazon AWS
1 1 (2.50%) Cloud Computing
Communications & Networking
1 4 (10.00%) SAN
2 1 (2.50%) Multicast
2 1 (2.50%) TCP/IP
Database & Business Intelligence
1 9 (22.50%) SQL Server
2 5 (12.50%) Big Data
2 5 (12.50%) SQL Server 2008
2 5 (12.50%) SQL Server Reporting Services
3 4 (10.00%) SQL Server 2012
3 4 (10.00%) SQL Server 2014
4 3 (7.50%) Data Warehouse
4 3 (7.50%) Relational Database
5 2 (5.00%) Hadoop
5 2 (5.00%) MS Access
5 2 (5.00%) QlikView
5 2 (5.00%) SQL Server Integration Services
6 1 (2.50%) DTS
6 1 (2.50%) HBase
6 1 (2.50%) Microsoft Analysis Services
6 1 (2.50%) Oracle Database
6 1 (2.50%) Spotfire
6 1 (2.50%) SQL Server 2005
6 1 (2.50%) SQL Server Analysis Services
Development Applications
1 5 (12.50%) Cucumber
1 5 (12.50%) Selenium
1 5 (12.50%) WebDriver
2 2 (5.00%) ClearCase
2 2 (5.00%) JBehave
2 2 (5.00%) Maven
2 2 (5.00%) TeamCity
3 1 (2.50%) Ant
3 1 (2.50%) ClearQuest
3 1 (2.50%) Git (software)
3 1 (2.50%) Hudson
3 1 (2.50%) Jenkins
3 1 (2.50%) JIRA
3 1 (2.50%) Visual Studio
3 1 (2.50%) VSS/SourceSafe
General
1 40 (100.00%) Banking
2 20 (50.00%) Finance
3 12 (30.00%) Front Office
4 4 (10.00%) Retail
5 3 (7.50%) Back Office
6 1 (2.50%) Corporate Banking
6 1 (2.50%) Financial Institution
6 1 (2.50%) Legal
6 1 (2.50%) Retail Banking
Job Titles
1 16 (40.00%) Developer
2 7 (17.50%) Analyst
3 5 (12.50%) SQL Developer
3 5 (12.50%) Test Manager
4 4 (10.00%) DBA
4 4 (10.00%) Developer in Test
4 4 (10.00%) Senior DBA
4 4 (10.00%) Senior SQL DBA
4 4 (10.00%) SQL DBA
5 3 (7.50%) Senior Developer
6 2 (5.00%) Administrator
6 2 (5.00%) Banking Analyst
6 2 (5.00%) C# Developer
6 2 (5.00%) Fidessa Developer
6 2 (5.00%) Java Developer
6 2 (5.00%) Risk Manager
6 2 (5.00%) SAS Developer
6 2 (5.00%) SQL Server Developer
6 2 (5.00%) Systems Administrator
6 2 (5.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (7.50%) .NET
1 3 (7.50%) XML
2 2 (5.00%) CSS
2 2 (5.00%) FIX Protocol
2 2 (5.00%) HTML
2 2 (5.00%) WCF
3 1 (2.50%) .NET Framework
3 1 (2.50%) ASP.NET
3 1 (2.50%) COM
3 1 (2.50%) Ext JS
3 1 (2.50%) Hibernate
3 1 (2.50%) jQuery
3 1 (2.50%) Middleware
3 1 (2.50%) Spring
3 1 (2.50%) Swing
3 1 (2.50%) WPF
3 1 (2.50%) XML Messaging
3 1 (2.50%) XSL
3 1 (2.50%) XSLT
Miscellaneous
1 6 (15.00%) Analytical Skills
2 4 (10.00%) Clustering
2 4 (10.00%) Replication
3 3 (7.50%) Credit Risk
3 3 (7.50%) Derivative
3 3 (7.50%) Equities
4 2 (5.00%) Foreign Exchange (FX)
4 2 (5.00%) Market Risk
4 2 (5.00%) Reference Data
4 2 (5.00%) Visualisation
5 1 (2.50%) Client/Server
5 1 (2.50%) Computer Science
5 1 (2.50%) Fixed Income
5 1 (2.50%) Grid Computing
5 1 (2.50%) Learning Management System
5 1 (2.50%) Management Information System
5 1 (2.50%) Mathematics
5 1 (2.50%) PMI
5 1 (2.50%) Taxonomies
5 1 (2.50%) Wiki
Operating Systems
1 6 (15.00%) Windows
2 4 (10.00%) Linux
3 3 (7.50%) Unix
Processes & Methodologies
1 13 (32.50%) Agile Software Development
2 8 (20.00%) TDD
3 6 (15.00%) BDD
3 6 (15.00%) Stakeholder Management
4 5 (12.50%) Change Control
4 5 (12.50%) Change Management
4 5 (12.50%) Data Management
4 5 (12.50%) Performance Tuning
4 5 (12.50%) Test Automation
4 5 (12.50%) Test Management
5 4 (10.00%) Capacity Planning
5 4 (10.00%) Continuous Delivery
5 4 (10.00%) Data Modelling
5 4 (10.00%) Database Mirroring
5 4 (10.00%) Database Security
5 4 (10.00%) Incident Management
5 4 (10.00%) ITIL
5 4 (10.00%) Test Strategy
6 3 (7.50%) Agile Testing
6 3 (7.50%) DevOps
Programming Languages
1 15 (37.50%) SQL
2 12 (30.00%) Java
3 5 (12.50%) C#
4 3 (7.50%) C++
4 3 (7.50%) Perl
4 3 (7.50%) Ruby
5 2 (5.00%) Bash Shell
5 2 (5.00%) PL/SQL
5 2 (5.00%) Python
5 2 (5.00%) Shell Script
5 2 (5.00%) Tcl
5 2 (5.00%) T-SQL
6 1 (2.50%) JavaScript
6 1 (2.50%) Korn
6 1 (2.50%) Scala
6 1 (2.50%) VB
6 1 (2.50%) VBA
6 1 (2.50%) VC++
Qualifications
1 3 (7.50%) Degree
2 1 (2.50%) Microsoft Certification
2 1 (2.50%) PMI Certification
Quality Assurance & Compliance
1 4 (10.00%) QA
2 3 (7.50%) SDET
3 1 (2.50%) Data Quality
3 1 (2.50%) Dodd-Frank
3 1 (2.50%) EMIR
3 1 (2.50%) FATCA
3 1 (2.50%) Sarbanes-Oxley
System Software
1 1 (2.50%) Docker
Systems Management
1 2 (5.00%) Puppet
2 1 (2.50%) HP Quality Center
2 1 (2.50%) Opscode Chef
Vendors
1 3 (7.50%) Microsoft
1 3 (7.50%) Oracle
2 2 (5.00%) Fidessa
2 2 (5.00%) Perforce
2 2 (5.00%) Sybase
3 1 (2.50%) DevExpress
3 1 (2.50%) EMC
3 1 (2.50%) Informatica
3 1 (2.50%) Red Hat
3 1 (2.50%) Solace
3 1 (2.50%) Syncfusion