The table below looks at the statistics for Low Latency skills 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 Low Latency over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Low Latency
Rank 18 22 19
Rank change year-on-year
+4 -3
Contract jobs citing Low Latency 6 6 3
As % of all contract IT jobs located in Canary Wharf 4.69% 4.51% 2.27%
As % of the Processes & Methodologies category 5.61% 5.08% 2.83%
Number of daily rates quoted 6 4 3
Average daily rate £480 £475 £1,000
Average daily rate % change year-on-year
+1.05% -52.50%
UK excluding London average daily rate £475 £500 £275
% change year-on-year
-5.00% +81.81%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Low Latency
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
107 118 106
As % of all contract IT jobs located in Canary Wharf 83.59% 88.72% 80.30%
Number of daily rates quoted 90 77 81
Average daily rate £480 £510 £500
Average daily rate % change year-on-year
-5.88% +2.00%
90% offered a daily rate of more than £375 £375 £315
10% offered a daily rate of more than £650 £625 £750
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 1 0 4
Average hourly rate £26.00 - £23.00
UK excluding London average hourly rate £36.00 £30.75 £31.50
% change year-on-year
+17.07% -2.38%

Low Latency
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Low Latency Jobs Demand Trend in Canary Wharf

Low Latency
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Low Latency across the Canary Wharf region.

Low Latency Daily Rate Trend in Canary Wharf

Low Latency
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing Low Latency across the Canary Wharf region over the 3 months to 30 April 2016.

Low Latency Daily Rate Histogram in Canary Wharf

Low Latency
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 30 April 2016, IT contractor jobs across the Canary Wharf region citing Low Latency 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 Low Latency.

1 4 (50.00%) Disaster Recovery
1 4 (50.00%) Finance
1 4 (50.00%) SQL
1 4 (50.00%) Oracle
1 4 (50.00%) SQL Server
1 4 (50.00%) DB2
1 4 (50.00%) Data Warehouse
1 4 (50.00%) Data Modelling
1 4 (50.00%) ETL
1 4 (50.00%) Business Intelligence
1 4 (50.00%) Microsoft
1 4 (50.00%) SQL Server Reporting Services
1 4 (50.00%) SQL Server Integration Services
1 4 (50.00%) High Availability
1 4 (50.00%) Performance Tuning
1 4 (50.00%) SQL Server 2012
1 4 (50.00%) Analytical Skills
1 4 (50.00%) ETL Development
2 3 (37.50%) TDD
2 3 (37.50%) Java
3 2 (25.00%) Foreign Exchange (FX)
3 2 (25.00%) OO
3 2 (25.00%) Front Office
3 2 (25.00%) Software Engineering
3 2 (25.00%) SOLID
4 1 (12.50%) Concurrent Programming
4 1 (12.50%) AngularJS
4 1 (12.50%) BDD
4 1 (12.50%) Node.js
4 1 (12.50%) User Experience

Low Latency
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 30 April 2016, IT contractor jobs across the Canary Wharf region citing Low Latency 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 Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 1 (12.50%) Node.js
Communications & Networking
1 1 (12.50%) BGP
1 1 (12.50%) EIGRP
1 1 (12.50%) Firewall
1 1 (12.50%) LAN
1 1 (12.50%) Network Security
1 1 (12.50%) OSPF
1 1 (12.50%) VPN
1 1 (12.50%) WAN
Database & Business Intelligence
1 4 (50.00%) Data Warehouse
1 4 (50.00%) DB2
1 4 (50.00%) SQL Server
1 4 (50.00%) SQL Server 2012
1 4 (50.00%) SQL Server Integration Services
1 4 (50.00%) SQL Server Reporting Services
2 1 (12.50%) Big Data
2 1 (12.50%) HBase
General
1 4 (50.00%) Finance
2 2 (25.00%) Front Office
3 1 (12.50%) Banking
3 1 (12.50%) Investment Banking
Job Titles
1 7 (87.50%) Developer
2 4 (50.00%) Business Intelligence Developer
2 4 (50.00%) ETL Developer
2 4 (50.00%) Senior Business Intelligence Developer
2 4 (50.00%) Senior Developer
2 4 (50.00%) Senior ETL Developer
2 4 (50.00%) Senior SQL Developer
2 4 (50.00%) Senior SQL Server Developer
2 4 (50.00%) SQL BI Developer
2 4 (50.00%) SQL Developer
2 4 (50.00%) SQL Server BI Developer
2 4 (50.00%) SQL Server Developer
2 4 (50.00%) SSIS Developer
2 4 (50.00%) SSRS Developer
3 3 (37.50%) Java Developer
4 2 (25.00%) Java Engineer
4 2 (25.00%) Java Programmer
4 2 (25.00%) Low Latency Java Developer
4 2 (25.00%) Programmer
5 1 (12.50%) Investment Banking Java Developer
Libraries, Frameworks & Software Standards
1 1 (12.50%) AngularJS
1 1 (12.50%) Hibernate
1 1 (12.50%) Spring
Miscellaneous
1 4 (50.00%) Analytical Skills
2 2 (25.00%) Foreign Exchange (FX)
3 1 (12.50%) User Experience
Processes & Methodologies
1 4 (50.00%) Business Intelligence
1 4 (50.00%) Data Modelling
1 4 (50.00%) Disaster Recovery
1 4 (50.00%) ETL
1 4 (50.00%) ETL Development
1 4 (50.00%) High Availability
1 4 (50.00%) Performance Tuning
2 3 (37.50%) TDD
3 2 (25.00%) OO
3 2 (25.00%) Software Engineering
3 2 (25.00%) SOLID
4 1 (12.50%) Agile Software Development
4 1 (12.50%) BDD
4 1 (12.50%) Concurrent Programming
4 1 (12.50%) Continuous Integration
4 1 (12.50%) Multithreading
4 1 (12.50%) Network Design
Programming Languages
1 4 (50.00%) SQL
2 3 (37.50%) Java
3 1 (12.50%) C#
3 1 (12.50%) C++
3 1 (12.50%) JavaScript
3 1 (12.50%) Python
Qualifications
1 1 (12.50%) CCIE
1 1 (12.50%) Cisco Certification
Vendors
1 4 (50.00%) Microsoft
1 4 (50.00%) Oracle
2 1 (12.50%) Cisco