Retail Banking Contracts in Canary Wharf
 
Demand Trend Daily Rate Trend Related Skills

The first 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 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Canary Wharf region.

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
24 May 2013		 Same period 2012 Same period 2011
Retail Banking
Rank 45 44 58
Rank change year-on-year
-1 +14
Contract jobs citing Retail Banking 6 6 3
As % of all contract IT jobs located in Canary Wharf 1.554% 1.587% 0.583%
As % of the General category 1.961% 2.500% 0.683%
Number of daily rates quoted 6 6 3
Average daily rate £575 £350 £525
Average daily rate % change year-on-year
+64.28% -33.33%
UK excluding London average daily rate £380 £380 £400
% change year-on-year
- -5.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £20.00 £145.00
% change year-on-year
- -86.20%
All of the General Category
Canary Wharf
Contract IT job ads with a match in the
General category		 306 240 439
As % of all contract IT jobs located in Canary Wharf 79.27% 63.49% 85.24%
Number of daily rates quoted 249 150 349
Average daily rate £550 £550 £600
Average daily rate % change year-on-year
- -8.33%
90% offered a daily rate of more than £338 £375 £450
10% offered a daily rate of more than £657 £625 £650
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 1 4 4
Average hourly rate £42.50 £35.00 £15.00
Average hourly rate % change year-on-year
+21.42% +133.33%
UK excluding London average hourly rate £25.50 £25.00 £26.00
% change year-on-year
+2.00% -3.84%
Retail Banking
London

Retail Banking
Jobs Demand Trend

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.

Canary Wharf Retail Banking Jobs Demand Trend

Retail Banking
Daily Rate Trend

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

Canary Wharf Retail Banking Daily Rate Trend

Retail Banking
Top 30 Related IT Skills

For the 6 months to 24 May 2013, 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 15 (100.00%) Banking
1 15 (100.00%) Retail
2 12 (80.00%) Investment Banking
2 12 (80.00%) Workflow
3 10 (66.67%) Corporate Banking
3 10 (66.67%) Project Management
4 9 (60.00%) SQL
5 8 (53.33%) Pega
6 6 (40.00%) E-Commerce
7 4 (26.67%) Internet
7 4 (26.67%) Mobile Banking
7 4 (26.67%) Finance
7 4 (26.67%) Wealth Management
8 3 (20.00%) Change Management
9 1 (6.667%) GAP Analysis
9 1 (6.667%) ReportNet
9 1 (6.667%) BusinessObjects
9 1 (6.667%) Oracle
9 1 (6.667%) Business Objects
9 1 (6.667%) WebLogic
9 1 (6.667%) IIS
9 1 (6.667%) SAP
9 1 (6.667%) Windows
9 1 (6.667%) Oracle Reports
9 1 (6.667%) Apache
9 1 (6.667%) Tomcat
9 1 (6.667%) Cognos
9 1 (6.667%) SharePoint
9 1 (6.667%) BusinessObjects XI
9 1 (6.667%) SAP XI

Retail Banking
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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.

Application Development
1 1 (6.667%) SAP XI
Application Platforms
1 1 (6.667%) WebLogic
1 1 (6.667%) IIS
1 1 (6.667%) Apache
1 1 (6.667%) Tomcat
1 1 (6.667%) SharePoint
Communications & Networking
1 4 (26.67%) Internet
Database & Business Intelligence
1 1 (6.667%) ReportNet
1 1 (6.667%) BusinessObjects
1 1 (6.667%) Oracle Reports
1 1 (6.667%) BusinessObjects XI
Development Applications
1 1 (6.667%) JIRA
General
1 15 (100.00%) Banking
1 15 (100.00%) Retail
2 12 (80.00%) Investment Banking
3 10 (66.67%) Corporate Banking
4 4 (26.67%) Finance
Job Titles
1 10 (66.67%) Business Analyst
1 10 (66.67%) Analyst
2 1 (6.667%) Developer
Miscellaneous
1 4 (26.67%) Mobile Banking
2 1 (6.667%) Computer Science
Operating Systems
1 1 (6.667%) Windows
Processes & Methodologies
1 12 (80.00%) Workflow
2 10 (66.67%) Project Management
3 6 (40.00%) E-Commerce
4 4 (26.67%) Wealth Management
5 3 (20.00%) Change Management
6 1 (6.667%) GAP Analysis
6 1 (6.667%) Software Engineering
Programming Languages
1 9 (60.00%) SQL
2 1 (6.667%) Java
Qualifications
1 1 (6.667%) Degree
Vendors
1 8 (53.33%) Pega
2 1 (6.667%) Oracle
2 1 (6.667%) Business Objects
2 1 (6.667%) SAP
2 1 (6.667%) Cognos
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Last Updated Friday 24 May 2013
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