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 21 February 2017 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
21 Feb 2017
Same period 2016 Same period 2015
Investment Banking
London / Canary Wharf
Rank 10 10 19
Rank change year-on-year
0 +9
Contract jobs citing Investment Banking 16 15 4
As % of all contract IT jobs located in Canary Wharf 12.90% 12.50% 4.12%
As % of the General category 16.84% 16.67% 5.97%
Number of daily rates quoted 15 11 2
Median daily rate £575 £550 £525
Median daily rate % change year-on-year
+4.54% +4.76%
UK excluding London median daily rate £425 £444 £425
% change year-on-year
-4.22% +4.41%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
95 90 67
As % of all contract IT jobs located in Canary Wharf 76.61% 75.00% 69.07%
Number of daily rates quoted 62 70 53
Median daily rate £550 £500 £450
Median daily rate % change year-on-year
+10.00% +11.11%
90% offered a daily rate of more than £290 £275 £320
10% offered a daily rate of more than £650 £700 £600
UK excluding London median daily rate £412 £400 £400
% change year-on-year
+2.87% -
Number of hourly rates quoted 1 2 0
Median hourly rate £47.50 £29.00 -
Median hourly rate % change year-on-year
+63.79% -
UK excluding London median hourly rate £26.00 £32.75 £22.50
% change year-on-year
-20.61% +45.55%

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 21 February 2017.

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 21 February 2017, 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 35 (100.00%) Banking
2 24 (68.57%) Finance
3 15 (42.86%) Java
4 13 (37.14%) Front Office
5 10 (28.57%) SQL
6 8 (22.86%) Derivative
7 7 (20.00%) Degree
7 7 (20.00%) Risk Management
7 7 (20.00%) DB2
7 7 (20.00%) OO
7 7 (20.00%) SDLC
7 7 (20.00%) Relational Database
8 6 (17.14%) Analytical Skills
8 6 (17.14%) Fixed Income
8 6 (17.14%) Agile Software Development
9 5 (14.29%) Electronic Trading
9 5 (14.29%) Python
9 5 (14.29%) Sybase
9 5 (14.29%) SOAP
9 5 (14.29%) XML
9 5 (14.29%) Unix
9 5 (14.29%) Linux
9 5 (14.29%) JavaScript
9 5 (14.29%) Data Structures
9 5 (14.29%) Scala
10 4 (11.43%) Virtual Team
10 4 (11.43%) HTML5
10 4 (11.43%) Jenkins
10 4 (11.43%) HTML
10 4 (11.43%) Foreign Exchange (FX)

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 2 (5.71%) Apache Spark
1 2 (5.71%) SharePoint
2 1 (2.86%) Apache
2 1 (2.86%) DataSynapse
2 1 (2.86%) Oracle Coherence
Applications
1 3 (8.57%) MS PowerPoint
2 2 (5.71%) MS Project
2 2 (5.71%) MS Visio
3 1 (2.86%) MS Excel
Business Applications
1 1 (2.86%) Eikon
Cloud Services
1 1 (2.86%) Amazon AWS
1 1 (2.86%) Microsoft Azure
Database & Business Intelligence
1 7 (20.00%) DB2
1 7 (20.00%) Relational Database
2 2 (5.71%) Big Data
2 2 (5.71%) HBase
2 2 (5.71%) MongoDB
2 2 (5.71%) NoSQL
3 1 (2.86%) Apache Cassandra
3 1 (2.86%) Hazelcast
3 1 (2.86%) Impala
3 1 (2.86%) Infinispan
3 1 (2.86%) KDB
3 1 (2.86%) Qlik Sense
3 1 (2.86%) RDBMS
3 1 (2.86%) SQL Server
Development Applications
1 4 (11.43%) Jenkins
2 2 (5.71%) Git (software)
2 2 (5.71%) Gradle
2 2 (5.71%) JIRA
2 2 (5.71%) JUnit
2 2 (5.71%) NUnit
3 1 (2.86%) Ant
3 1 (2.86%) Concordion
3 1 (2.86%) Cucumber
3 1 (2.86%) FitNesse
3 1 (2.86%) Grunt
3 1 (2.86%) Hudson
3 1 (2.86%) Jasmine
3 1 (2.86%) JBehave
3 1 (2.86%) Karma Test Runner
3 1 (2.86%) Maven
3 1 (2.86%) Subversion
3 1 (2.86%) TeamCity
General
1 35 (100.00%) Banking
2 24 (68.57%) Finance
3 13 (37.14%) Front Office
4 2 (5.71%) Back Office
4 2 (5.71%) Legal
5 1 (2.86%) Prime Brokerage
Job Titles
1 22 (62.86%) Developer
2 13 (37.14%) Java Developer
3 9 (25.71%) Investment Banking Java Developer
4 8 (22.86%) Analyst
5 7 (20.00%) Business Analyst
6 5 (14.29%) Banking Analyst
6 5 (14.29%) Core Java Developer
6 5 (14.29%) Front Office Developer
7 3 (8.57%) C# Developer
7 3 (8.57%) C# Developer - Investment Banking
7 3 (8.57%) Java Scala Developer
7 3 (8.57%) Project Manager
7 3 (8.57%) Scala Developer
7 3 (8.57%) SQL Developer
8 2 (5.71%) Architect
8 2 (5.71%) Banking Business Analyst
8 2 (5.71%) C++ Developer
8 2 (5.71%) HTML Developer
8 2 (5.71%) Investment Banking Business Analyst
8 2 (5.71%) Service Analyst
Libraries, Frameworks & Software Standards
1 5 (14.29%) SOAP
1 5 (14.29%) XML
2 4 (11.43%) HTML
2 4 (11.43%) HTML5
2 4 (11.43%) Spring
3 3 (8.57%) J2EE
3 3 (8.57%) Protocol Buffers
4 2 (5.71%) .NET
4 2 (5.71%) AngularJS
4 2 (5.71%) Apache Avro
4 2 (5.71%) CSS
4 2 (5.71%) JSON
4 2 (5.71%) Middleware
4 2 (5.71%) WCF
4 2 (5.71%) WPF
5 1 (2.86%) Akka
5 1 (2.86%) Boost C++ Libraries
5 1 (2.86%) CSS3
5 1 (2.86%) D3.js
5 1 (2.86%) Twitter Bootstrap
Miscellaneous
1 8 (22.86%) Derivative
2 6 (17.14%) Analytical Skills
2 6 (17.14%) Fixed Income
3 5 (14.29%) Data Structures
4 4 (11.43%) Foreign Exchange (FX)
4 4 (11.43%) Market Risk
4 4 (11.43%) Virtual Team
5 3 (8.57%) Equities
6 2 (5.71%) Algorithms
6 2 (5.71%) Computer Science
6 2 (5.71%) Grid Computing
6 2 (5.71%) Reference Data
6 2 (5.71%) User Experience
7 1 (2.86%) Credit Risk
7 1 (2.86%) Equity Derivative
7 1 (2.86%) Fat Client
7 1 (2.86%) Interest Rate Derivative
7 1 (2.86%) iPad
7 1 (2.86%) iPhone
7 1 (2.86%) OTC Derivatives
Operating Systems
1 5 (14.29%) Linux
1 5 (14.29%) Unix
Processes & Methodologies
1 7 (20.00%) OO
1 7 (20.00%) Risk Management
1 7 (20.00%) SDLC
2 6 (17.14%) Agile Software Development
3 5 (14.29%) Electronic Trading
4 4 (11.43%) Multithreading
4 4 (11.43%) OOD
4 4 (11.43%) Project Management
5 3 (8.57%) Continuous Delivery
5 3 (8.57%) Data Modelling
5 3 (8.57%) Logical Data Model
5 3 (8.57%) Refactoring
5 3 (8.57%) Wireframes
6 2 (5.71%) Analytics
6 2 (5.71%) Business Analysis
6 2 (5.71%) Continuous Integration
6 2 (5.71%) Front End Development
6 2 (5.71%) Mathematics
6 2 (5.71%) Requirements Analysis
6 2 (5.71%) Unit Testing
Programming Languages
1 15 (42.86%) Java
2 10 (28.57%) SQL
3 5 (14.29%) JavaScript
3 5 (14.29%) Python
3 5 (14.29%) Scala
4 3 (8.57%) C#
5 2 (5.71%) C++
5 2 (5.71%) Perl
5 2 (5.71%) Shell Script
6 1 (2.86%) T-SQL
Qualifications
1 7 (20.00%) Degree
Quality Assurance & Compliance
1 4 (11.43%) MiFID
2 3 (8.57%) EMIR
3 2 (5.71%) Dodd-Frank
4 1 (2.86%) FATCA
4 1 (2.86%) QA
System Software
1 1 (2.86%) Docker
1 1 (2.86%) Platform Symphony
Vendors
1 5 (14.29%) Sybase
2 2 (5.71%) Cloudera
2 2 (5.71%) Infragistics
3 1 (2.86%) Bloomberg
3 1 (2.86%) FactSet
3 1 (2.86%) Fidessa
3 1 (2.86%) Perforce
3 1 (2.86%) Reuters
3 1 (2.86%) Sencha