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 18 January 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
18 Jan 2017
Same period 2016 Same period 2015
Investment Banking
London / Canary Wharf
Rank 7 10 16
Rank change year-on-year
+3 +6
Contract jobs citing Investment Banking 20 16 6
As % of all contract IT jobs located in Canary Wharf 15.87% 11.59% 5.45%
As % of the General category 22.47% 14.81% 7.79%
Number of daily rates quoted 18 10 4
Median daily rate £600 £538 £550
Median daily rate % change year-on-year
+11.62% -2.27%
90% offered a daily rate of more than £450 £495 £525
10% offered a daily rate of more than £650 £605 £628
UK excluding London median daily rate £438 £456 £425
% change year-on-year
-4.10% +7.35%
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
89 108 77
As % of all contract IT jobs located in Canary Wharf 70.63% 78.26% 70.00%
Number of daily rates quoted 73 84 63
Median daily rate £550 £500 £438
Median daily rate % change year-on-year
+10.00% +14.28%
90% offered a daily rate of more than £400 £320 £220
10% offered a daily rate of more than £650 £614 £600
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 0 0
Median hourly rate £47.50 - -
UK excluding London median hourly rate £27.00 £32.50 £25.00
% change year-on-year
-16.92% +30.00%

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 18 January 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 18 January 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 31 (100.00%) Banking
2 21 (67.74%) Finance
3 13 (41.94%) Front Office
3 13 (41.94%) Java
4 9 (29.03%) SQL
5 8 (25.81%) Derivative
6 7 (22.58%) Agile Software Development
6 7 (22.58%) DB2
6 7 (22.58%) Risk Management
7 6 (19.35%) Fixed Income
7 6 (19.35%) OO
7 6 (19.35%) Degree
7 6 (19.35%) SDLC
7 6 (19.35%) Relational Database
8 5 (16.13%) Analytical Skills
8 5 (16.13%) Electronic Trading
8 5 (16.13%) Scala
8 5 (16.13%) Sybase
9 4 (12.90%) SOAP
9 4 (12.90%) XML
9 4 (12.90%) Unix
9 4 (12.90%) Linux
9 4 (12.90%) JavaScript
9 4 (12.90%) Foreign Exchange (FX)
9 4 (12.90%) Project Management
9 4 (12.90%) Market Risk
9 4 (12.90%) Virtual Team
9 4 (12.90%) Data Structures
9 4 (12.90%) Jenkins
9 4 (12.90%) Multithreading

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 (6.45%) SharePoint
2 1 (3.23%) Oracle Coherence
Applications
1 3 (9.68%) MS PowerPoint
2 2 (6.45%) MS Project
2 2 (6.45%) MS Visio
3 1 (3.23%) MS Excel
Business Applications
1 1 (3.23%) Eikon
Cloud Services
1 1 (3.23%) Amazon AWS
1 1 (3.23%) Microsoft Azure
Database & Business Intelligence
1 7 (22.58%) DB2
2 6 (19.35%) Relational Database
3 1 (3.23%) Apache Cassandra
3 1 (3.23%) Hazelcast
3 1 (3.23%) HBase
3 1 (3.23%) Infinispan
3 1 (3.23%) KDB
3 1 (3.23%) MongoDB
3 1 (3.23%) NoSQL
3 1 (3.23%) Qlik Sense
3 1 (3.23%) RDBMS
3 1 (3.23%) SQL Server
Development Applications
1 4 (12.90%) Jenkins
2 2 (6.45%) Git (software)
2 2 (6.45%) Gradle
2 2 (6.45%) JIRA
2 2 (6.45%) NUnit
3 1 (3.23%) Ant
3 1 (3.23%) Concordion
3 1 (3.23%) Cucumber
3 1 (3.23%) FitNesse
3 1 (3.23%) Grunt
3 1 (3.23%) Hudson
3 1 (3.23%) Jasmine
3 1 (3.23%) JBehave
3 1 (3.23%) JUnit
3 1 (3.23%) Karma Test Runner
3 1 (3.23%) Maven
3 1 (3.23%) Subversion
3 1 (3.23%) TeamCity
General
1 31 (100.00%) Banking
2 21 (67.74%) Finance
3 13 (41.94%) Front Office
4 3 (9.68%) Back Office
5 2 (6.45%) Legal
6 1 (3.23%) Prime Brokerage
6 1 (3.23%) Retail
6 1 (3.23%) Retail Banking
Job Titles
1 19 (61.29%) Developer
2 12 (38.71%) Java Developer
3 8 (25.81%) Investment Banking Java Developer
4 7 (22.58%) Analyst
5 6 (19.35%) Business Analyst
6 5 (16.13%) Banking Analyst
6 5 (16.13%) Core Java Developer
6 5 (16.13%) Front Office Developer
7 4 (12.90%) Project Manager
8 3 (9.68%) C# Developer
8 3 (9.68%) C# Developer - Investment Banking
8 3 (9.68%) Java Scala Developer
8 3 (9.68%) Scala Developer
8 3 (9.68%) SQL Developer
9 2 (6.45%) DB2 Developer
9 2 (6.45%) HTML Developer
9 2 (6.45%) Investment Banking Project Manager
9 2 (6.45%) Linux Developer
9 2 (6.45%) SQL Analyst
9 2 (6.45%) Unix Developer
Libraries, Frameworks & Software Standards
1 4 (12.90%) SOAP
1 4 (12.90%) XML
2 3 (9.68%) HTML
2 3 (9.68%) HTML5
2 3 (9.68%) Spring
3 2 (6.45%) .NET
3 2 (6.45%) AngularJS
3 2 (6.45%) CSS
3 2 (6.45%) J2EE
3 2 (6.45%) JSON
3 2 (6.45%) Middleware
3 2 (6.45%) Protocol Buffers
3 2 (6.45%) WCF
3 2 (6.45%) WPF
4 1 (3.23%) Ajax
4 1 (3.23%) Akka
4 1 (3.23%) Apache Avro
4 1 (3.23%) Ext JS
4 1 (3.23%) FIX Protocol
4 1 (3.23%) jQuery
Miscellaneous
1 8 (25.81%) Derivative
2 6 (19.35%) Fixed Income
3 5 (16.13%) Analytical Skills
4 4 (12.90%) Data Structures
4 4 (12.90%) Foreign Exchange (FX)
4 4 (12.90%) Market Risk
4 4 (12.90%) Virtual Team
5 3 (9.68%) Equities
6 2 (6.45%) Computer Science
6 2 (6.45%) Grid Computing
7 1 (3.23%) Credit Derivative
7 1 (3.23%) Credit Risk
7 1 (3.23%) Data Integration
7 1 (3.23%) Equity Derivative
7 1 (3.23%) Interest Rate Derivative
7 1 (3.23%) iPhone
7 1 (3.23%) Management Information System
7 1 (3.23%) Mathematics
7 1 (3.23%) Physics
7 1 (3.23%) Reference Data
Operating Systems
1 4 (12.90%) Linux
1 4 (12.90%) Unix
Processes & Methodologies
1 7 (22.58%) Agile Software Development
1 7 (22.58%) Risk Management
2 6 (19.35%) OO
2 6 (19.35%) SDLC
3 5 (16.13%) Electronic Trading
4 4 (12.90%) Multithreading
4 4 (12.90%) Project Management
5 3 (9.68%) Data Modelling
5 3 (9.68%) Logical Data Model
5 3 (9.68%) OOD
6 2 (6.45%) Analytics
6 2 (6.45%) Business Analysis
6 2 (6.45%) Continuous Delivery
6 2 (6.45%) Continuous Integration
6 2 (6.45%) Front End Development
6 2 (6.45%) Problem Management
6 2 (6.45%) Requirements Analysis
6 2 (6.45%) Scrum
6 2 (6.45%) Stakeholder Management
6 2 (6.45%) Unit Testing
Programming Languages
1 13 (41.94%) Java
2 9 (29.03%) SQL
3 5 (16.13%) Scala
4 4 (12.90%) JavaScript
5 3 (9.68%) C#
5 3 (9.68%) Python
6 2 (6.45%) C++
6 2 (6.45%) Perl
6 2 (6.45%) Shell Script
7 1 (3.23%) T-SQL
Qualifications
1 6 (19.35%) Degree
Quality Assurance & Compliance
1 3 (9.68%) MiFID
2 2 (6.45%) Dodd-Frank
2 2 (6.45%) EMIR
3 1 (3.23%) QA
System Software
1 1 (3.23%) Docker
1 1 (3.23%) Platform Symphony
Vendors
1 5 (16.13%) Sybase
2 2 (6.45%) Infragistics
3 1 (3.23%) Bloomberg
3 1 (3.23%) DataSynapse
3 1 (3.23%) FactSet
3 1 (3.23%) Fidessa
3 1 (3.23%) Perforce
3 1 (3.23%) Reuters
3 1 (3.23%) Sencha