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 4 May 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
4 May 2015
Same period 2014 Same period 2013
Investment Banking
Rank 5 14 4
Rank change year-on-year
+9 -10
Contract jobs citing Investment Banking 24 7 101
As % of all contract IT jobs located in Canary Wharf 18.32% 5.43% 27.52%
As % of the General category 25.53% 7.95% 34.35%
Number of daily rates quoted 22 5 77
Average daily rate
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of your Daily Rate
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£525 £550 £575
Average daily rate % change year-on-year
-4.54% -4.34%
90% offered a daily rate of more than £475 £400 £425
10% offered a daily rate of more than £623 £595 £700
UK excluding London average daily rate £438 £424 £425
% change year-on-year
+3.24% -0.29%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £14.75
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
94 88 294
As % of all contract IT jobs located in Canary Wharf 71.76% 68.22% 80.11%
Number of daily rates quoted 64 62 244
Average daily rate £523 £463 £575
Average daily rate % change year-on-year
+12.97% -19.56%
90% offered a daily rate of more than £359 £215 £330
10% offered a daily rate of more than £625 £600 £700
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 2 4 1
Average hourly rate £12.50 £28.00 £42.50
Average hourly rate % change year-on-year
-55.35% -34.11%
UK excluding London average hourly rate £25.00 £25.04 £26.50
% change year-on-year
-0.15% -5.50%

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
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 4 May 2015.

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 4 May 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 29 (100.00%) Banking
2 17 (58.62%) Finance
3 14 (48.28%) Agile Software Development
4 12 (41.38%) Front Office
5 11 (37.93%) SQL
6 10 (34.48%) Degree
7 8 (27.59%) Java
8 7 (24.14%) QA
8 7 (24.14%) Analytical Skills
9 6 (20.69%) UNIX
9 6 (20.69%) Migration
9 6 (20.69%) Stakeholder Management
10 5 (17.24%) C#
10 5 (17.24%) .NET
10 5 (17.24%) Credit Risk
10 5 (17.24%) Risk Management
10 5 (17.24%) Test Automation
10 5 (17.24%) Analytics
11 4 (13.79%) Equities
11 4 (13.79%) Derivative
11 4 (13.79%) C++
11 4 (13.79%) Shell Script
11 4 (13.79%) C
12 3 (10.34%) Linux
12 3 (10.34%) OOP
12 3 (10.34%) OO
12 3 (10.34%) N-Tier
12 3 (10.34%) FTP
12 3 (10.34%) TDD
12 3 (10.34%) Test Management

Investment Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 4 May 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 (3.45%) WebSphere Application Server
1 1 (3.45%) WebLogic
1 1 (3.45%) JBoss
1 1 (3.45%) WebSphere
1 1 (3.45%) Oracle Coherence
1 1 (3.45%) Apache Spark
1 1 (3.45%) Confluence
Applications
1 1 (3.45%) MS Project
1 1 (3.45%) MS Office
1 1 (3.45%) MS Excel
1 1 (3.45%) MS Visio
1 1 (3.45%) MS PowerPoint
Cloud Services
1 1 (3.45%) IBM Blueworks
Communications & Networking
1 3 (10.34%) FTP
2 1 (3.45%) Firewall
Database & Business Intelligence
1 1 (3.45%) SQL Server
1 1 (3.45%) Data Mining
1 1 (3.45%) SQL Server 2008
1 1 (3.45%) Hadoop
1 1 (3.45%) Big Data
1 1 (3.45%) Oracle Database
1 1 (3.45%) Relational Database
Development Applications
1 3 (10.34%) Selenium
1 3 (10.34%) JIRA
1 3 (10.34%) Cucumber
2 2 (6.90%) Git (software)
2 2 (6.90%) Maven
3 1 (3.45%) Ant
3 1 (3.45%) Rational Rose
3 1 (3.45%) Subversion
3 1 (3.45%) Atlassian Bamboo
3 1 (3.45%) WebDriver
General
1 29 (100.00%) Banking
2 17 (58.62%) Finance
3 12 (41.38%) Front Office
4 2 (6.90%) Legal
4 2 (6.90%) Back Office
5 1 (3.45%) Retail
Job Titles
1 11 (37.93%) Developer
2 5 (17.24%) Solutions Architect
2 5 (17.24%) Architect
3 4 (13.79%) Java Developer
4 3 (10.34%) Test Manager
4 3 (10.34%) C# Developer
5 2 (6.90%) Test Leader
5 2 (6.90%) Project Manager
5 2 (6.90%) Business Analyst
5 2 (6.90%) Analyst
6 1 (3.45%) Coordinator
6 1 (3.45%) Programme Manager
6 1 (3.45%) Front Office Developer
6 1 (3.45%) Senior Developer
6 1 (3.45%) Project Coordinator
6 1 (3.45%) IT Project Manager
6 1 (3.45%) Informatica Developer
6 1 (3.45%) Programme Planner
6 1 (3.45%) Senior Java Developer
6 1 (3.45%) Business Project Manager
Libraries, Frameworks & Software Standards
1 5 (17.24%) .NET
2 2 (6.90%) Apache Flex
3 1 (3.45%) HTML
3 1 (3.45%) J2SE
3 1 (3.45%) .NET Framework
3 1 (3.45%) Spring
3 1 (3.45%) JSF
3 1 (3.45%) Kafka
3 1 (3.45%) HTML5
Miscellaneous
1 7 (24.14%) Analytical Skills
2 5 (17.24%) Credit Risk
3 4 (13.79%) Equities
3 4 (13.79%) Derivative
4 3 (10.34%) N-Tier
4 3 (10.34%) Visualisation
4 3 (10.34%) Open Source
5 2 (6.90%) Interest Rate Derivative
5 2 (6.90%) Mainframe
6 1 (3.45%) Foreign Exchange (FX)
6 1 (3.45%) Fixed Income
6 1 (3.45%) Management Information System
6 1 (3.45%) Equity Derivative
6 1 (3.45%) Cryptography
6 1 (3.45%) Reference Data
6 1 (3.45%) IBM Mainframe
6 1 (3.45%) Market Risk
6 1 (3.45%) Computer Science
6 1 (3.45%) Hedge funds
Operating Systems
1 6 (20.69%) UNIX
2 3 (10.34%) Linux
3 1 (3.45%) Windows
3 1 (3.45%) AIX
Processes & Methodologies
1 14 (48.28%) Agile Software Development
2 6 (20.69%) Migration
2 6 (20.69%) Stakeholder Management
3 5 (17.24%) Risk Management
3 5 (17.24%) Test Automation
3 5 (17.24%) Analytics
4 3 (10.34%) OOP
4 3 (10.34%) OO
4 3 (10.34%) TDD
4 3 (10.34%) Test Management
4 3 (10.34%) Continuous Integration
4 3 (10.34%) Multithreading
4 3 (10.34%) Business Analysis
5 2 (6.90%) Change Control
5 2 (6.90%) Test Strategy
5 2 (6.90%) Mentoring
5 2 (6.90%) User Acceptance Testing
5 2 (6.90%) Investment Management
5 2 (6.90%) SOA
5 2 (6.90%) UML
Programming Languages
1 11 (37.93%) SQL
2 8 (27.59%) Java
3 5 (17.24%) C#
4 4 (13.79%) C++
4 4 (13.79%) Shell Script
4 4 (13.79%) C
5 2 (6.90%) Python
6 1 (3.45%) Perl
6 1 (3.45%) PL/SQL
6 1 (3.45%) Scala
6 1 (3.45%) R
Qualifications
1 10 (34.48%) Degree
2 1 (3.45%) ISEB
2 1 (3.45%) ISTQB
Quality Assurance & Compliance
1 7 (24.14%) QA
Systems Management
1 1 (3.45%) HP Quality Center
Vendors
1 3 (10.34%) Pega
2 2 (6.90%) Oracle
2 2 (6.90%) IBM
3 1 (3.45%) Microsoft
3 1 (3.45%) Informatica
3 1 (3.45%) Reuters
3 1 (3.45%) Bloomberg
3 1 (3.45%) Business Objects
3 1 (3.45%) Atlassian
3 1 (3.45%) Actimize
3 1 (3.45%) Solace