The first 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 31 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Canary Wharf region.

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
31 Jul 2014
Same period 2013 Same period 2012
Investment Banking
Rank 19 8 8
Rank change year-on-year
-11 0
Contract jobs citing Investment Banking 3 52 74
As % of all contract IT jobs located in Canary Wharf 2.48% 18.64% 21.83%
As % of the General category 3.26% 25.24% 31.49%
Number of daily rates quoted 1 41 64
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £600 £550
Average daily rate % change year-on-year
-4.16% +9.09%
UK excluding London average daily rate £400 £425 £391
% change year-on-year
-5.88% +8.62%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £175.00 £19.00 £22.00
% change year-on-year
+821.05% -13.63%
General Category
Canary Wharf
Contract IT job ads with a match in the
General category
92 206 235
As % of all contract IT jobs located in Canary Wharf 76.03% 73.84% 69.32%
Number of daily rates quoted 34 165 160
Average daily rate £450 £541 £525
Average daily rate % change year-on-year
-16.85% +3.09%
90% offered a daily rate of more than £288 £313 £350
10% offered a daily rate of more than £605 £700 £625
UK excluding London average daily rate £388 £388 £375
% change year-on-year
- +3.33%
Number of hourly rates quoted 7 2 3
Average hourly rate £18.00 £22.50 £20.63
Average hourly rate % change year-on-year
-20.00% +9.09%
UK excluding London average hourly rate £22.00 £22.50 £27.50
% change year-on-year
-2.22% -18.18%
Investment Banking
London

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 31 July 2014, 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 10 (100.00%) Banking
2 4 (40.00%) Finance
3 3 (30.00%) Java
4 2 (20.00%) Sybase
4 2 (20.00%) MiFID
4 2 (20.00%) Spring
4 2 (20.00%) Hibernate
4 2 (20.00%) Multithreading
5 1 (10.00%) C
5 1 (10.00%) BDD
5 1 (10.00%) ATDD
5 1 (10.00%) User Stories
5 1 (10.00%) Agile Software Development
5 1 (10.00%) TDD
5 1 (10.00%) Pair Programming
5 1 (10.00%) Scrum
5 1 (10.00%) Equities
5 1 (10.00%) Software Engineering
5 1 (10.00%) Strategic Planning
5 1 (10.00%) Technical Architecture
5 1 (10.00%) Continuous Integration
5 1 (10.00%) OOP
5 1 (10.00%) OO
5 1 (10.00%) Oracle Forms
5 1 (10.00%) Python
5 1 (10.00%) Data Modelling
5 1 (10.00%) ETL
5 1 (10.00%) IBM
5 1 (10.00%) Project Management
5 1 (10.00%) Change Management

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 31 July 2014, 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.

Database & Business Intelligence
1 1 (10.00%) SQL Server
Development Applications
1 1 (10.00%) Oracle Forms
General
1 10 (100.00%) Banking
2 4 (40.00%) Finance
3 1 (10.00%) Back Office
Job Titles
1 3 (30.00%) Developer
1 3 (30.00%) Consultant
2 2 (20.00%) Analyst
2 2 (20.00%) Java Developer
2 2 (20.00%) Compliance Consultant
3 1 (10.00%) MI Analyst
3 1 (10.00%) Investment Banking Business Analyst
3 1 (10.00%) Designer
3 1 (10.00%) Architect
3 1 (10.00%) Project Manager
3 1 (10.00%) Business Analyst
3 1 (10.00%) Solutions Architect
3 1 (10.00%) Senior Developer
3 1 (10.00%) Solutions Designer
Libraries, Frameworks & Software Standards
1 2 (20.00%) Hibernate
1 2 (20.00%) Spring
Miscellaneous
1 1 (10.00%) Equities
Processes & Methodologies
1 2 (20.00%) Multithreading
2 1 (10.00%) BDD
2 1 (10.00%) ATDD
2 1 (10.00%) User Stories
2 1 (10.00%) OOP
2 1 (10.00%) OO
2 1 (10.00%) Data Modelling
2 1 (10.00%) ETL
2 1 (10.00%) Project Management
2 1 (10.00%) Change Management
2 1 (10.00%) Risk Management
2 1 (10.00%) Scrum
2 1 (10.00%) Agile Software Development
2 1 (10.00%) TDD
2 1 (10.00%) Pair Programming
2 1 (10.00%) Software Engineering
2 1 (10.00%) Strategic Planning
2 1 (10.00%) Technical Architecture
2 1 (10.00%) Continuous Integration
Programming Languages
1 3 (30.00%) Java
2 1 (10.00%) SQL
2 1 (10.00%) VBA
2 1 (10.00%) Python
2 1 (10.00%) C
Quality Assurance & Compliance
1 2 (20.00%) MiFID
Vendors
1 2 (20.00%) Sybase
2 1 (10.00%) IBM
2 1 (10.00%) Oracle