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 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
29 May 2015
Same period 2014 Same period 2013
Retail Banking
Rank 29 20 46
Rank change year-on-year
-9 +26
Contract jobs citing Retail Banking 1 1 6
As % of all contract IT jobs located in Canary Wharf 0.62% 0.91% 1.58%
As % of the General category 0.86% 1.27% 2.00%
Number of daily rates quoted 1 1 6
Average daily rate
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£450 £500 £575
Average daily rate % change year-on-year
-10.00% -13.04%
UK excluding London average daily rate £413 £420 £390
% change year-on-year
-1.66% +7.69%
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
116 79 300
As % of all contract IT jobs located in Canary Wharf 71.60% 71.82% 79.16%
Number of daily rates quoted 75 48 241
Average daily rate £520 £425 £550
Average daily rate % change year-on-year
+22.35% -22.72%
90% offered a daily rate of more than £313 £215 £326
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 2 1 1
Average hourly rate £12.50 £18.00 £42.50
Average hourly rate % change year-on-year
-30.55% -57.64%
UK excluding London average hourly rate £23.00 £25.00 £26.00
% change year-on-year
-8.00% -3.84%

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 29 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%) Data Centre
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

Retail Banking
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 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%) Front Office
3 1 (33.33%) Corporate Banking
Job Titles
1 3 (100.00%) Analyst
2 2 (66.67%) Business Analyst
3 1 (33.33%) Applications Support Analyst
3 1 (33.33%) Support Analyst
3 1 (33.33%) Applications Support
3 1 (33.33%) 2nd Line Support
3 1 (33.33%) 2nd Line Support Analyst
Miscellaneous
1 2 (66.67%) Data Centre
2 1 (33.33%) Equities
2 1 (33.33%) Derivative
2 1 (33.33%) Equity Derivative
Operating Systems
1 1 (33.33%) UNIX
Processes & Methodologies
1 2 (66.67%) User Acceptance Testing
1 2 (66.67%) Use Case
1 2 (66.67%) Waterfall
1 2 (66.67%) User Stories
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Scrum
1 2 (66.67%) E-Commerce
1 2 (66.67%) Agile Software Development
2 1 (33.33%) Configuration Management
2 1 (33.33%) Change Management
2 1 (33.33%) Risk Management
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
Programming Languages
1 1 (33.33%) JavaScript
1 1 (33.33%) Perl
1 1 (33.33%) VBScript