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 26 September 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
26 Sep 2016
Same period 2015 Same period 2014
Investment Banking
Rank 25 12 18
Rank change year-on-year
-13 +6
Contract jobs citing Investment Banking 7 17 6
As % of all contract IT jobs located in Canary Wharf 4.14% 9.60% 5.26%
As % of the General category 5.69% 13.82% 6.98%
Number of daily rates quoted 6 10 3
Median daily rate £575 £525 £575
Median daily rate % change year-on-year
+9.52% -8.69%
90% offered a daily rate of more than £413 £498 £355
10% offered a daily rate of more than £663 £758 £595
UK excluding London median daily rate £400 £450 £400
% change year-on-year
-11.11% +12.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £20.00 £175.00
% change year-on-year
- -88.57%
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
123 123 86
As % of all contract IT jobs located in Canary Wharf 72.78% 69.49% 75.44%
Number of daily rates quoted 90 83 37
Median daily rate £438 £500 £450
Median daily rate % change year-on-year
-12.50% +11.11%
90% offered a daily rate of more than £325 £300 £300
10% offered a daily rate of more than £590 £630 £600
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 4 4
Median hourly rate £12.00 £27.00 £35.00
Median hourly rate % change year-on-year
-55.55% -22.85%
UK excluding London median hourly rate £20.50 £30.00 £26.50
% change year-on-year
-31.66% +13.20%

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 26 September 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 26 September 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 14 (100.00%) Banking
2 7 (50.00%) Finance
3 4 (28.57%) Java
3 4 (28.57%) Middleware
4 3 (21.43%) Project Management
4 3 (21.43%) Stakeholder Management
4 3 (21.43%) Agile Software Development
4 3 (21.43%) Matrix Management
4 3 (21.43%) SDLC
5 2 (14.29%) Multithreading
5 2 (14.29%) Data Structures
5 2 (14.29%) Release Management
5 2 (14.29%) Mule
5 2 (14.29%) Financial Modelling
5 2 (14.29%) Pega
5 2 (14.29%) Test Scripting
5 2 (14.29%) Spring Integration
5 2 (14.29%) Back Office
5 2 (14.29%) Risk Management
5 2 (14.29%) Equities
5 2 (14.29%) Data Management
5 2 (14.29%) Zachman Framework
5 2 (14.29%) TOGAF
5 2 (14.29%) Spring
5 2 (14.29%) Business Analysis
5 2 (14.29%) JavaScript
5 2 (14.29%) SQL
5 2 (14.29%) Fidessa
5 2 (14.29%) SOA
5 2 (14.29%) TIBCO

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 (14.29%) Mule
2 1 (7.14%) Oracle Coherence
2 1 (7.14%) SharePoint
Applications
1 1 (7.14%) MS PowerPoint
1 1 (7.14%) MS Project
Business Applications
1 1 (7.14%) Eikon
Database & Business Intelligence
1 1 (7.14%) Apache Cassandra
1 1 (7.14%) Hazelcast
1 1 (7.14%) Infinispan
General
1 14 (100.00%) Banking
2 7 (50.00%) Finance
3 2 (14.29%) Back Office
4 1 (7.14%) Billing
4 1 (7.14%) Corporate Banking
4 1 (7.14%) Front Office
4 1 (7.14%) Retail
4 1 (7.14%) Retail Banking
Job Titles
1 4 (28.57%) Analyst
2 3 (21.43%) Architect
2 3 (21.43%) Developer
2 3 (21.43%) Project Manager
3 2 (14.29%) Banking Analyst
3 2 (14.29%) Business Analyst
3 2 (14.29%) Data Architect
3 2 (14.29%) Investment Banking Java Developer
3 2 (14.29%) Investment Banking Project Manager
3 2 (14.29%) Java Developer
3 2 (14.29%) Lead Architect
3 2 (14.29%) Lead Data Architect
3 2 (14.29%) Lead Solutions Architect
3 2 (14.29%) Messaging Architect
3 2 (14.29%) Middleware Architect
3 2 (14.29%) Senior Developer
3 2 (14.29%) Solutions Architect
4 1 (7.14%) Agile Development Manager
4 1 (7.14%) Agile Project Manager
4 1 (7.14%) Market Data Analyst
Libraries, Frameworks & Software Standards
1 4 (28.57%) Middleware
2 2 (14.29%) Spring
2 2 (14.29%) Spring Integration
3 1 (7.14%) Akka
3 1 (7.14%) XML
Miscellaneous
1 2 (14.29%) Data Structures
1 2 (14.29%) Equities
2 1 (7.14%) Derivative
2 1 (7.14%) Fixed Income
2 1 (7.14%) Foreign Exchange (FX)
2 1 (7.14%) Tandem
Processes & Methodologies
1 3 (21.43%) Agile Software Development
1 3 (21.43%) Matrix Management
1 3 (21.43%) Project Management
1 3 (21.43%) SDLC
1 3 (21.43%) Stakeholder Management
2 2 (14.29%) Business Analysis
2 2 (14.29%) Data Management
2 2 (14.29%) Financial Modelling
2 2 (14.29%) Multithreading
2 2 (14.29%) Release Management
2 2 (14.29%) Risk Management
2 2 (14.29%) SOA
2 2 (14.29%) Test Scripting
2 2 (14.29%) TOGAF
2 2 (14.29%) Zachman Framework
3 1 (7.14%) Investment Management
3 1 (7.14%) Stakeholder Engagement
3 1 (7.14%) System Testing
3 1 (7.14%) Test Automation
3 1 (7.14%) Wealth Management
Programming Languages
1 4 (28.57%) Java
2 2 (14.29%) JavaScript
2 2 (14.29%) SQL
3 1 (7.14%) C#
3 1 (7.14%) Scala
3 1 (7.14%) Shell Script
3 1 (7.14%) Tcl
Quality Assurance & Compliance
1 1 (7.14%) Data Quality
System Software
1 1 (7.14%) Platform Symphony
Systems Management
1 1 (7.14%) HP Quality Center
Vendors
1 2 (14.29%) Fidessa
1 2 (14.29%) Pega
1 2 (14.29%) TIBCO
2 1 (7.14%) Bloomberg
2 1 (7.14%) DataSynapse
2 1 (7.14%) FactSet
2 1 (7.14%) HP
2 1 (7.14%) Microsoft
2 1 (7.14%) Reuters