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 contractor rates offered in IT contracts that have cited Investment Banking over the 3 months to 4 December 2016 with a comparison to the same period over 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
4 Dec 2016
Same period 2015 Same period 2014
Investment Banking
Rank 8 10 17
Rank change year-on-year
+2 +7
Contract jobs citing Investment Banking 21 21 7
As % of all contract IT jobs located in Canary Wharf 13.21% 11.86% 6.09%
As % of the General category 20.00% 15.00% 8.33%
Number of daily rates quoted 18 12 3
Median daily rate £600 £550 £575
Median daily rate % change year-on-year
+9.09% -4.34%
90% offered a daily rate of more than £450 £514 £535
10% offered a daily rate of more than £650 £745 £635
UK excluding London median daily rate £438 £450 £425
% change year-on-year
-2.77% +5.88%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £18.25 -
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
105 140 84
As % of all contract IT jobs located in Canary Wharf 66.04% 79.10% 73.04%
Number of daily rates quoted 81 105 64
Median daily rate £550 £500 £370
Median daily rate % change year-on-year
+10.00% +35.13%
90% offered a daily rate of more than £375 £341 £220
10% offered a daily rate of more than £650 £606 £550
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £24.50 £28.69 £25.00
% change year-on-year
-14.60% +14.76%

Investment Banking
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Investment Banking as a proportion of all IT contracts with a match in 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 4 December 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 4 December 2016, IT contractor jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Investment Banking.

1 27 (100.00%) Banking
2 18 (66.67%) Finance
3 12 (44.44%) Front Office
4 10 (37.04%) Java
5 7 (25.93%) Risk Management
5 7 (25.93%) Agile Software Development
6 6 (22.22%) Derivative
6 6 (22.22%) Project Management
6 6 (22.22%) SQL
7 5 (18.52%) Fixed Income
7 5 (18.52%) DB2
7 5 (18.52%) Degree
7 5 (18.52%) SDLC
8 4 (14.81%) MS PowerPoint
8 4 (14.81%) Multithreading
8 4 (14.81%) Scala
8 4 (14.81%) Sybase
8 4 (14.81%) Equities
9 3 (11.11%) Back Office
9 3 (11.11%) MS Project
9 3 (11.11%) JavaScript
9 3 (11.11%) Foreign Exchange (FX)
9 3 (11.11%) OO
9 3 (11.11%) SharePoint
9 3 (11.11%) Data Modelling
9 3 (11.11%) Business Analysis
9 3 (11.11%) Electronic Trading
9 3 (11.11%) Market Risk
9 3 (11.11%) Data Structures
9 3 (11.11%) Logical Data Model

Investment Banking
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (11.11%) SharePoint
2 1 (3.70%) Oracle Coherence
Applications
1 4 (14.81%) MS PowerPoint
2 3 (11.11%) MS Project
3 2 (7.41%) MS Visio
4 1 (3.70%) MS Excel
Cloud Services
1 1 (3.70%) Amazon AWS
1 1 (3.70%) Microsoft Azure
Database & Business Intelligence
1 5 (18.52%) DB2
2 2 (7.41%) Relational Database
3 1 (3.70%) Apache Cassandra
3 1 (3.70%) Hazelcast
3 1 (3.70%) Infinispan
3 1 (3.70%) KDB
3 1 (3.70%) Qlik Sense
3 1 (3.70%) SQL Server
Development Applications
1 2 (7.41%) Jenkins
2 1 (3.70%) Concordion
2 1 (3.70%) Cucumber
2 1 (3.70%) FitNesse
2 1 (3.70%) Git (software)
2 1 (3.70%) Gradle
2 1 (3.70%) JBehave
2 1 (3.70%) JIRA
2 1 (3.70%) NUnit
2 1 (3.70%) Subversion
2 1 (3.70%) TeamCity
General
1 27 (100.00%) Banking
2 18 (66.67%) Finance
3 12 (44.44%) Front Office
4 3 (11.11%) Back Office
5 1 (3.70%) Billing
5 1 (3.70%) Legal
5 1 (3.70%) Prime Brokerage
5 1 (3.70%) Retail
5 1 (3.70%) Retail Banking
Job Titles
1 13 (48.15%) Developer
2 8 (29.63%) Java Developer
3 7 (25.93%) Analyst
4 6 (22.22%) Business Analyst
5 5 (18.52%) Front Office Developer
5 5 (18.52%) Project Manager
6 4 (14.81%) Banking Analyst
6 4 (14.81%) Investment Banking Java Developer
7 3 (11.11%) Core Java Developer
8 2 (7.41%) Banking Business Analyst
8 2 (7.41%) C# Developer
8 2 (7.41%) C# Developer - Investment Banking
8 2 (7.41%) Investment Banking Business Analyst
8 2 (7.41%) Investment Banking Project Manager
8 2 (7.41%) Java Scala Developer
8 2 (7.41%) Scala Developer
8 2 (7.41%) Senior Developer
8 2 (7.41%) SQL Analyst
9 1 (3.70%) Junior Project Manager
9 1 (3.70%) Software Development Manager
Libraries, Frameworks & Software Standards
1 2 (7.41%) HTML
1 2 (7.41%) HTML5
1 2 (7.41%) Middleware
2 1 (3.70%) .NET
2 1 (3.70%) Akka
2 1 (3.70%) AngularJS
2 1 (3.70%) Boost C++ Libraries
2 1 (3.70%) CSS
2 1 (3.70%) D3.js
2 1 (3.70%) FIX Protocol
2 1 (3.70%) Guice
2 1 (3.70%) JSON
2 1 (3.70%) Lambda Expressions
2 1 (3.70%) Node.js
2 1 (3.70%) REST
2 1 (3.70%) SOAP
2 1 (3.70%) Spring
2 1 (3.70%) WCF
2 1 (3.70%) WPF
2 1 (3.70%) XML
Miscellaneous
1 6 (22.22%) Derivative
2 5 (18.52%) Fixed Income
3 4 (14.81%) Equities
4 3 (11.11%) Data Structures
4 3 (11.11%) Foreign Exchange (FX)
4 3 (11.11%) Market Risk
4 3 (11.11%) Virtual Team
5 2 (7.41%) Analytical Skills
5 2 (7.41%) Grid Computing
6 1 (3.70%) Computer Science
6 1 (3.70%) Credit Risk
6 1 (3.70%) Equity Derivative
6 1 (3.70%) Interest Rate Derivative
6 1 (3.70%) Management Information System
6 1 (3.70%) Mathematics
6 1 (3.70%) Physics
6 1 (3.70%) Visualisation
Operating Systems
1 2 (7.41%) Linux
1 2 (7.41%) Unix
Processes & Methodologies
1 7 (25.93%) Agile Software Development
1 7 (25.93%) Risk Management
2 6 (22.22%) Project Management
3 5 (18.52%) SDLC
4 4 (14.81%) Multithreading
5 3 (11.11%) Business Analysis
5 3 (11.11%) Data Modelling
5 3 (11.11%) Electronic Trading
5 3 (11.11%) Logical Data Model
5 3 (11.11%) OO
6 2 (7.41%) Analytics
6 2 (7.41%) Continuous Integration
6 2 (7.41%) OOD
6 2 (7.41%) Problem Management
6 2 (7.41%) Requirements Analysis
6 2 (7.41%) Stakeholder Engagement
6 2 (7.41%) Stakeholder Management
6 2 (7.41%) Unit Testing
7 1 (3.70%) Test Management
7 1 (3.70%) User Acceptance Testing
Programming Languages
1 10 (37.04%) Java
2 6 (22.22%) SQL
3 4 (14.81%) Scala
4 3 (11.11%) JavaScript
5 2 (7.41%) C#
5 2 (7.41%) Python
5 2 (7.41%) Shell Script
6 1 (3.70%) C++
6 1 (3.70%) Perl
6 1 (3.70%) Tcl
6 1 (3.70%) T-SQL
Qualifications
1 5 (18.52%) Degree
Quality Assurance & Compliance
1 2 (7.41%) MiFID
2 1 (3.70%) Data Quality
2 1 (3.70%) Dodd-Frank
2 1 (3.70%) EMIR
2 1 (3.70%) QA
System Software
1 1 (3.70%) Docker
1 1 (3.70%) Platform Symphony
Systems Management
1 1 (3.70%) HP Quality Center
Vendors
1 4 (14.81%) Sybase
2 1 (3.70%) DataSynapse
2 1 (3.70%) Fidessa
2 1 (3.70%) HP
2 1 (3.70%) Infragistics
2 1 (3.70%) Microsoft