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 22 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
22 May 2015
Same period 2014 Same period 2013
Low Latency
Rank 22 19 34
Rank change year-on-year
-3 +15
Contract jobs citing Low Latency 8 1 19
As % of all contract IT jobs located in Canary Wharf 5.03% 0.90% 4.73%
As % of the Processes & Methodologies category 6.02% 1.05% 5.60%
Number of daily rates quoted 7 1 17
Average daily rate
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of your Daily Rate
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£475 £1,000 £650
Average daily rate % change year-on-year
-52.50% +53.84%
90% offered a daily rate of more than £465 £1,000 £580
10% offered a daily rate of more than £485 £1,000 £700
UK excluding London average daily rate £450 £380 £375
% change year-on-year
+18.42% +1.33%
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
133 95 339
As % of all contract IT jobs located in Canary Wharf 83.65% 85.59% 84.33%
Number of daily rates quoted 84 68 260
Average daily rate £500 £475 £572
Average daily rate % change year-on-year
+5.26% -16.95%
90% offered a daily rate of more than £359 £320 £260
10% offered a daily rate of more than £600 £675 £650
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 0 1 0
Average hourly rate - £17.50 -
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 22 May 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 8 (80.00%) Finance
2 7 (70.00%) Computer Science
2 7 (70.00%) Analytical Skills
3 5 (50.00%) Performance Tuning
3 5 (50.00%) SQL Server 2012
3 5 (50.00%) Business Intelligence
3 5 (50.00%) Microsoft
3 5 (50.00%) Oracle
3 5 (50.00%) SQL Server
3 5 (50.00%) DB2
3 5 (50.00%) SQL
3 5 (50.00%) Data Modelling
3 5 (50.00%) ETL
3 5 (50.00%) SQL Server Reporting Services
3 5 (50.00%) SQL Server Integration Services
3 5 (50.00%) Disaster Recovery
4 2 (20.00%) Agile Software Development
4 2 (20.00%) TDD
4 2 (20.00%) TCP/IP
4 2 (20.00%) Games
4 2 (20.00%) Scrum
4 2 (20.00%) Maven
4 2 (20.00%) Technical Architecture
4 2 (20.00%) Degree
4 2 (20.00%) Oracle Coherence
4 2 (20.00%) Mathematics
4 2 (20.00%) Physics
4 2 (20.00%) OOP
4 2 (20.00%) OO
4 2 (20.00%) JUnit

Low Latency
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 22 May 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.

Application Platforms
1 2 (20.00%) Oracle Coherence
Communications & Networking
1 2 (20.00%) TCP/IP
1 2 (20.00%) AMQP
1 2 (20.00%) Cisco Nexus
2 1 (10.00%) IOS XR
2 1 (10.00%) NX-OS
2 1 (10.00%) Multicast
2 1 (10.00%) HSRP
2 1 (10.00%) GLBP
2 1 (10.00%) Junos
2 1 (10.00%) WAAS
2 1 (10.00%) MPLS
2 1 (10.00%) OSPF
2 1 (10.00%) BGP
2 1 (10.00%) VRRP
2 1 (10.00%) LAN
2 1 (10.00%) WLAN
2 1 (10.00%) WAN
2 1 (10.00%) Ethernet
2 1 (10.00%) Cisco IOS
2 1 (10.00%) Wireless
Database & Business Intelligence
1 5 (50.00%) SQL Server 2012
1 5 (50.00%) SQL Server
1 5 (50.00%) DB2
1 5 (50.00%) SQL Server Reporting Services
1 5 (50.00%) SQL Server Integration Services
2 2 (20.00%) Hadoop
2 2 (20.00%) Hazelcast
Development Applications
1 2 (20.00%) Maven
1 2 (20.00%) JUnit
1 2 (20.00%) Apache Ivy
General
1 8 (80.00%) Finance
2 2 (20.00%) Games
3 1 (10.00%) Retail Banking
3 1 (10.00%) Corporate Banking
3 1 (10.00%) Front Office
3 1 (10.00%) Banking
3 1 (10.00%) Retail
Job Titles
1 7 (70.00%) Developer
2 5 (50.00%) Senior ETL Developer
2 5 (50.00%) Senior Developer
2 5 (50.00%) ETL Developer
3 2 (20.00%) Network Engineer
3 2 (20.00%) Java Developer
3 2 (20.00%) Design Engineer
3 2 (20.00%) Network Design Engineer
3 2 (20.00%) Senior Network Design Engineer
3 2 (20.00%) Senior Network Engineer
3 2 (20.00%) Senior Design Engineer
4 1 (10.00%) 2nd Line Support Analyst
4 1 (10.00%) Analyst
4 1 (10.00%) Support Analyst
4 1 (10.00%) Applications Support
4 1 (10.00%) 2nd Line Support
4 1 (10.00%) Applications Support Analyst
Miscellaneous
1 7 (70.00%) Computer Science
1 7 (70.00%) Analytical Skills
2 2 (20.00%) Mathematics
2 2 (20.00%) Physics
2 2 (20.00%) Data Structures
2 2 (20.00%) Algorithms
3 1 (10.00%) Hedge funds
3 1 (10.00%) Derivative
3 1 (10.00%) Equity Derivative
3 1 (10.00%) Equities
Operating Systems
1 1 (10.00%) UNIX
Processes & Methodologies
1 5 (50.00%) Performance Tuning
1 5 (50.00%) Business Intelligence
1 5 (50.00%) Data Modelling
1 5 (50.00%) ETL
1 5 (50.00%) Disaster Recovery
2 2 (20.00%) Agile Software Development
2 2 (20.00%) TDD
2 2 (20.00%) Scrum
2 2 (20.00%) Technical Architecture
2 2 (20.00%) OOP
2 2 (20.00%) OO
2 2 (20.00%) BDD
2 2 (20.00%) Continuous Integration
2 2 (20.00%) Multithreading
2 2 (20.00%) Network Design
2 2 (20.00%) Monte Carlo Method
2 2 (20.00%) MapReduce
2 2 (20.00%) Analytics
2 2 (20.00%) Ultra-Low Latency
2 2 (20.00%) Quantitative Investing
Programming Languages
1 5 (50.00%) SQL
2 2 (20.00%) C++
2 2 (20.00%) Java
3 1 (10.00%) JavaScript
3 1 (10.00%) Perl
3 1 (10.00%) VBScript
Qualifications
1 2 (20.00%) Degree
1 2 (20.00%) CCIE
1 2 (20.00%) Cisco Certification
Vendors
1 5 (50.00%) Microsoft
1 5 (50.00%) Oracle
2 2 (20.00%) Juniper
2 2 (20.00%) Cisco
3 1 (10.00%) SevOne