The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 5 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
5 May 2015
Same period 2014 Same period 2013
Retail Banking
Rank 25 18 41
Rank change year-on-year
-7 +23
Contract jobs citing Retail Banking 1 3 10
As % of all contract IT jobs located in Canary Wharf 0.76% 2.33% 2.70%
As % of the General category 1.06% 3.33% 3.41%
Number of daily rates quoted 1 1 10
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£450 £500 £575
Average daily rate % change year-on-year
-10.00% -13.04%
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail 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 90 293
As % of all contract IT jobs located in Canary Wharf 71.76% 69.77% 79.19%
Number of daily rates quoted 64 64 246
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 £26.74 £26.50
% change year-on-year
-6.48% +0.88%

Retail Banking
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Retail Banking across the Canary Wharf region as a proportion of the total demand within the General category.

Retail Banking Jobs Demand Trend in Canary Wharf

Retail Banking
Daily Rate Trend in Canary Wharf

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

Retail Banking Daily Rate Trend in Canary Wharf

Retail Banking
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 5 May 2015, IT contractor jobs across the Canary Wharf region citing Retail 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 Retail Banking.

1 3 (100.00%) Finance
1 3 (100.00%) Banking
1 3 (100.00%) Retail
2 2 (66.67%) User Acceptance Testing
2 2 (66.67%) Use Case
2 2 (66.67%) Waterfall
2 2 (66.67%) User Stories
2 2 (66.67%) Legal
2 2 (66.67%) Stakeholder Management
2 2 (66.67%) Scrum
2 2 (66.67%) E-Commerce
2 2 (66.67%) Agile Software Development
3 1 (33.33%) Configuration Management
3 1 (33.33%) Equities
3 1 (33.33%) Change Management
3 1 (33.33%) Front Office
3 1 (33.33%) Risk Management
3 1 (33.33%) JavaScript
3 1 (33.33%) Perl
3 1 (33.33%) VBScript
3 1 (33.33%) UNIX
3 1 (33.33%) Low Latency
3 1 (33.33%) Root Cause Analysis
3 1 (33.33%) Release Management
3 1 (33.33%) Electronic Trading
3 1 (33.33%) Investment Management
3 1 (33.33%) Performance Management
3 1 (33.33%) Business Process Improvement
3 1 (33.33%) Derivative
3 1 (33.33%) Equity Derivative

Retail Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 May 2015, IT contractor jobs across the Canary Wharf region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

General
1 3 (100.00%) Finance
1 3 (100.00%) Banking
1 3 (100.00%) Retail
2 2 (66.67%) Legal
3 1 (33.33%) Corporate Banking
3 1 (33.33%) Front Office
Job Titles
1 3 (100.00%) Analyst
2 2 (66.67%) Business Analyst
3 1 (33.33%) Support Analyst
3 1 (33.33%) Applications Support
3 1 (33.33%) 2nd Line Support
3 1 (33.33%) Applications Support Analyst
3 1 (33.33%) 2nd Line Support Analyst
Miscellaneous
1 1 (33.33%) Equities
1 1 (33.33%) Derivative
1 1 (33.33%) Equity Derivative
Operating Systems
1 1 (33.33%) UNIX
Processes & Methodologies
1 2 (66.67%) E-Commerce
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Scrum
1 2 (66.67%) Agile Software Development
1 2 (66.67%) User Acceptance Testing
1 2 (66.67%) Use Case
1 2 (66.67%) Waterfall
1 2 (66.67%) User Stories
2 1 (33.33%) Low Latency
2 1 (33.33%) Root Cause Analysis
2 1 (33.33%) Release Management
2 1 (33.33%) Electronic Trading
2 1 (33.33%) Investment Management
2 1 (33.33%) Performance Management
2 1 (33.33%) Business Process Improvement
2 1 (33.33%) Problem Management
2 1 (33.33%) Algorithmic Trading
2 1 (33.33%) Configuration Management
2 1 (33.33%) Change Management
2 1 (33.33%) Risk Management
Programming Languages
1 1 (33.33%) JavaScript
1 1 (33.33%) Perl
1 1 (33.33%) VBScript