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 29 August 2014 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
29 Aug 2014
Same period 2013 Same period 2012
Retail Banking
Rank 22 - 39
Rank change year-on-year
- 0
Contract jobs citing Retail Banking 1 0 7
As % of all contract IT jobs located in Canary Wharf 0.85% - 2.05%
As % of the General category 1.12% - 2.78%
Number of daily rates quoted 0 0 3
Average daily rate
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of your Daily Rate
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- - £600
UK excluding London average daily rate £438 £400 £380
% change year-on-year
+9.37% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £10.00 -
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
89 154 252
As % of all contract IT jobs located in Canary Wharf 76.07% 70.64% 73.68%
Number of daily rates quoted 39 119 180
Average daily rate £450 £550 £550
Average daily rate % change year-on-year
-18.18% -
90% offered a daily rate of more than £300 £309 £400
10% offered a daily rate of more than £600 £700 £650
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 8 2 1
Average hourly rate £18.00 £22.50 £23.50
Average hourly rate % change year-on-year
-20.00% -4.25%
UK excluding London average hourly rate £22.50 £22.50 £29.00
% change year-on-year
- -22.41%

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 13 Related IT Skills in Canary Wharf

For the 6 months to 29 August 2014, 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 2 (100.00%) Finance
1 2 (100.00%) Banking
1 2 (100.00%) Retail
2 1 (50.00%) Use Case
2 1 (50.00%) User Acceptance Testing
2 1 (50.00%) Waterfall
2 1 (50.00%) User Stories
2 1 (50.00%) Legal
2 1 (50.00%) Migration
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Scrum
2 1 (50.00%) E-Commerce
2 1 (50.00%) Change Management

Retail Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 August 2014, 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 2 (100.00%) Finance
1 2 (100.00%) Banking
1 2 (100.00%) Retail
2 1 (50.00%) Legal
Job Titles
1 1 (50.00%) Change Manager
1 1 (50.00%) Business Analyst
1 1 (50.00%) Analyst
Processes & Methodologies
1 1 (50.00%) Use Case
1 1 (50.00%) User Acceptance Testing
1 1 (50.00%) Waterfall
1 1 (50.00%) User Stories
1 1 (50.00%) Migration
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Scrum
1 1 (50.00%) E-Commerce
1 1 (50.00%) Change Management