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 4 August 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 Aug 2015
Same period 2014 Same period 2013
Low Latency
Rank 27 - 30
Rank change year-on-year
- 0
Contract jobs citing Low Latency 4 0 16
As % of all contract IT jobs located in Canary Wharf 2.04% - 5.90%
As % of the Processes & Methodologies category 2.37% - 6.93%
Number of daily rates quoted 2 0 16
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 - £650
UK excluding London average daily rate £475 £385 £375
% change year-on-year
+23.37% +2.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £40.00
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
169 105 231
As % of all contract IT jobs located in Canary Wharf 86.22% 89.74% 85.24%
Number of daily rates quoted 109 44 166
Average daily rate £475 £475 £493
Average daily rate % change year-on-year
- -3.55%
90% offered a daily rate of more than £300 £320 £250
10% offered a daily rate of more than £550 £625 £700
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 0 7 0
Average hourly rate - £18.00 -
UK excluding London average hourly rate £30.52 £26.00 £31.00
% change year-on-year
+17.38% -16.12%

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
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 4 August 2015, 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 7 (70.00%) Finance
2 6 (60.00%) Disaster Recovery
2 6 (60.00%) SQL
2 6 (60.00%) SQL Server
2 6 (60.00%) ETL
2 6 (60.00%) SQL Server Integration Services
2 6 (60.00%) SQL Server 2012
3 5 (50.00%) SQL Server Reporting Services
3 5 (50.00%) Performance Tuning
3 5 (50.00%) Analytical Skills
3 5 (50.00%) Computer Science
3 5 (50.00%) Oracle
3 5 (50.00%) Data Modelling
3 5 (50.00%) Business Intelligence
3 5 (50.00%) DB2
3 5 (50.00%) Microsoft
3 5 (50.00%) ETL Development
4 2 (20.00%) CCIE
4 2 (20.00%) Cisco Certification
4 2 (20.00%) Juniper
4 2 (20.00%) Cisco
4 2 (20.00%) Cisco Nexus
4 2 (20.00%) Ultra-Low Latency
4 2 (20.00%) Network Design
5 1 (10.00%) HSRP
5 1 (10.00%) GLBP
5 1 (10.00%) Enterprise Architecture
5 1 (10.00%) Derivative
5 1 (10.00%) Equity Derivative
5 1 (10.00%) Retail Banking

Low Latency
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 4 August 2015, 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.

Communications & Networking
1 2 (20.00%) Cisco Nexus
2 1 (10.00%) HSRP
2 1 (10.00%) GLBP
2 1 (10.00%) Multicast
2 1 (10.00%) IOS XR
2 1 (10.00%) NX-OS
2 1 (10.00%) LAN
2 1 (10.00%) WLAN
2 1 (10.00%) WAN
2 1 (10.00%) Ethernet
2 1 (10.00%) TCP/IP
2 1 (10.00%) MPLS
2 1 (10.00%) OSPF
2 1 (10.00%) BGP
2 1 (10.00%) VRRP
2 1 (10.00%) Wireless
2 1 (10.00%) IPsec
2 1 (10.00%) IGMP
2 1 (10.00%) Gigabit Ethernet
2 1 (10.00%) Cisco IOS
Database & Business Intelligence
1 6 (60.00%) SQL Server
1 6 (60.00%) SQL Server Integration Services
1 6 (60.00%) SQL Server 2012
2 5 (50.00%) DB2
2 5 (50.00%) SQL Server Reporting Services
3 1 (10.00%) Data Warehouse
General
1 7 (70.00%) Finance
2 1 (10.00%) Banking
2 1 (10.00%) Retail
2 1 (10.00%) Retail Banking
2 1 (10.00%) Corporate Banking
2 1 (10.00%) Front Office
Job Titles
1 7 (70.00%) Developer
2 6 (60.00%) ETL Developer
3 5 (50.00%) Senior ETL Developer
3 5 (50.00%) Senior Developer
4 2 (20.00%) Design Engineer
4 2 (20.00%) Senior Design Engineer
4 2 (20.00%) Network Engineer
4 2 (20.00%) Senior Network Engineer
4 2 (20.00%) Network Design Engineer
4 2 (20.00%) Senior Network Design Engineer
5 1 (10.00%) 2nd Line Support Analyst
5 1 (10.00%) C++ Developer
5 1 (10.00%) Applications Support Analyst
5 1 (10.00%) Analyst
5 1 (10.00%) Support Analyst
5 1 (10.00%) Applications Support
5 1 (10.00%) Lead Developer
5 1 (10.00%) 2nd Line Support
Miscellaneous
1 5 (50.00%) Computer Science
1 5 (50.00%) Analytical Skills
2 1 (10.00%) Data Centre
2 1 (10.00%) Hedge funds
2 1 (10.00%) Foreign Exchange (FX)
2 1 (10.00%) Equities
2 1 (10.00%) Derivative
2 1 (10.00%) Equity Derivative
Operating Systems
1 1 (10.00%) UNIX
1 1 (10.00%) Linux
Processes & Methodologies
1 6 (60.00%) ETL
1 6 (60.00%) Disaster Recovery
2 5 (50.00%) Data Modelling
2 5 (50.00%) Business Intelligence
2 5 (50.00%) Performance Tuning
2 5 (50.00%) ETL Development
3 2 (20.00%) Ultra-Low Latency
3 2 (20.00%) Network Design
4 1 (10.00%) Enterprise Architecture
4 1 (10.00%) Problem Management
4 1 (10.00%) Algorithmic Trading
4 1 (10.00%) Release Management
4 1 (10.00%) User Acceptance Testing
4 1 (10.00%) Performance Testing
4 1 (10.00%) Multithreading
4 1 (10.00%) Electronic Trading
4 1 (10.00%) Investment Management
4 1 (10.00%) Performance Management
4 1 (10.00%) Business Process Improvement
4 1 (10.00%) Root Cause Analysis
Programming Languages
1 6 (60.00%) SQL
2 1 (10.00%) VBScript
2 1 (10.00%) C++
2 1 (10.00%) JavaScript
2 1 (10.00%) Perl
Qualifications
1 2 (20.00%) CCIE
1 2 (20.00%) Cisco Certification
Vendors
1 5 (50.00%) Oracle
1 5 (50.00%) Microsoft
2 2 (20.00%) Juniper
2 2 (20.00%) Cisco
3 1 (10.00%) SevOne