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 26 February 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
26 Feb 2015
Same period 2014 Same period 2013
Investment Banking
Rank 17 11 4
Rank change year-on-year
-6 -7
Contract jobs citing Investment Banking 4 19 104
As % of all contract IT jobs located in Canary Wharf 4.49% 10.56% 32.40%
As % of the General category 6.67% 15.08% 40.78%
Number of daily rates quoted 2 17 72
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £550 £538
Average daily rate % change year-on-year
-4.54% +2.32%
UK excluding London average daily rate £425 £423 £375
% change year-on-year
+0.59% +12.66%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £20.00
UK excluding London average hourly rate - - £12.00
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
60 126 255
As % of all contract IT jobs located in Canary Wharf 67.42% 70.00% 79.44%
Number of daily rates quoted 46 79 182
Average daily rate £450 £525 £525
Average daily rate % change year-on-year
-14.28% -
90% offered a daily rate of more than £338 £268 £382
10% offered a daily rate of more than £600 £700 £650
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 0 8 2
Average hourly rate - £28.00 £20.00
Average hourly rate % change year-on-year
- +40.00%
UK excluding London average hourly rate £23.43 £24.25 £27.00
% change year-on-year
-3.40% -10.18%

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
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 26 February 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 11 (100.00%) Banking
2 5 (45.45%) Finance
2 5 (45.45%) Agile Software Development
3 4 (36.36%) User Acceptance Testing
3 4 (36.36%) Front Office
4 3 (27.27%) Back Office
4 3 (27.27%) Project Management
4 3 (27.27%) Java
4 3 (27.27%) SQL
4 3 (27.27%) Equities
4 3 (27.27%) Analytical Skills
4 3 (27.27%) Stakeholder Management
5 2 (18.18%) Fixed Income
5 2 (18.18%) Analytics
5 2 (18.18%) QA
5 2 (18.18%) Test Management
5 2 (18.18%) C
5 2 (18.18%) Foreign Exchange (FX)
6 1 (9.09%) Quality Management
6 1 (9.09%) Change Management
6 1 (9.09%) Risk Management
6 1 (9.09%) Shell Script
6 1 (9.09%) Six Sigma
6 1 (9.09%) C++
6 1 (9.09%) Sarbanes-Oxley
6 1 (9.09%) Mainframe
6 1 (9.09%) VBA
6 1 (9.09%) .NET
6 1 (9.09%) Ant
6 1 (9.09%) Business Objects

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 26 February 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 (9.09%) WebLogic
1 1 (9.09%) JBoss
1 1 (9.09%) Confluence
Applications
1 1 (9.09%) MS Project
1 1 (9.09%) MS Excel
Cloud Services
1 1 (9.09%) IBM Blueworks
Development Applications
1 1 (9.09%) Ant
1 1 (9.09%) Rational Rose
1 1 (9.09%) Subversion
1 1 (9.09%) Maven
1 1 (9.09%) JIRA
1 1 (9.09%) Selenium
1 1 (9.09%) Atlassian Bamboo
1 1 (9.09%) Git (software)
1 1 (9.09%) WebDriver
1 1 (9.09%) Cucumber
General
1 11 (100.00%) Banking
2 5 (45.45%) Finance
3 4 (36.36%) Front Office
4 3 (27.27%) Back Office
Job Titles
1 2 (18.18%) Test Manager
1 2 (18.18%) Developer
2 1 (9.09%) Analyst
2 1 (9.09%) Coordinator
2 1 (9.09%) Project Manager
2 1 (9.09%) Business Analyst
2 1 (9.09%) Programme Manager
2 1 (9.09%) IT Manager
2 1 (9.09%) Release Manager
2 1 (9.09%) Java Developer
2 1 (9.09%) Project Coordinator
2 1 (9.09%) IT Project Manager
2 1 (9.09%) Quantitative Developer
2 1 (9.09%) Programme Planner
2 1 (9.09%) Delivery Manager
2 1 (9.09%) GUI Developer
2 1 (9.09%) Programme Test Manager
2 1 (9.09%) Flex Developer
2 1 (9.09%) Test Leader
2 1 (9.09%) Agile Business Analyst
Libraries, Frameworks & Software Standards
1 1 (9.09%) .NET
1 1 (9.09%) COM
1 1 (9.09%) STL
1 1 (9.09%) XML
1 1 (9.09%) XML Messaging
1 1 (9.09%) Apache Flex
1 1 (9.09%) Boost C++ Libraries
Miscellaneous
1 3 (27.27%) Equities
1 3 (27.27%) Analytical Skills
2 2 (18.18%) Fixed Income
2 2 (18.18%) Foreign Exchange (FX)
3 1 (9.09%) Mainframe
3 1 (9.09%) DTCC
Operating Systems
1 1 (9.09%) UNIX
1 1 (9.09%) Windows
1 1 (9.09%) Linux
Processes & Methodologies
1 5 (45.45%) Agile Software Development
2 4 (36.36%) User Acceptance Testing
3 3 (27.27%) Stakeholder Management
3 3 (27.27%) Project Management
4 2 (18.18%) Analytics
4 2 (18.18%) Test Management
5 1 (9.09%) Continuous Integration
5 1 (9.09%) Monte Carlo Method
5 1 (9.09%) Test Automation
5 1 (9.09%) Cash Management
5 1 (9.09%) Stakeholder Engagement
5 1 (9.09%) Change Control
5 1 (9.09%) Test Strategy
5 1 (9.09%) Agile Testing
5 1 (9.09%) Automation Testing
5 1 (9.09%) Dependency Management
5 1 (9.09%) DevOps
5 1 (9.09%) Programme Management
5 1 (9.09%) Quality Management
5 1 (9.09%) Change Management
Programming Languages
1 3 (27.27%) Java
1 3 (27.27%) SQL
2 2 (18.18%) C
3 1 (9.09%) C++
3 1 (9.09%) VBA
3 1 (9.09%) Shell Script
Qualifications
1 1 (9.09%) ISEB
1 1 (9.09%) ISEB Practitioner
1 1 (9.09%) Degree
Quality Assurance & Compliance
1 2 (18.18%) QA
2 1 (9.09%) Sarbanes-Oxley
Systems Management
1 1 (9.09%) HP Quality Center
Vendors
1 1 (9.09%) Business Objects
1 1 (9.09%) Microsoft
1 1 (9.09%) Atlassian