The table below looks at the statistics for Validation 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 Validation over the 3 months to 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Validation
Rank 19 20 30
Rank change year-on-year
+1 +10
Contract jobs citing Validation 2 2 1
As % of all contract IT jobs located in Canary Wharf 1.63% 1.98% 0.55%
As % of the Processes & Methodologies category 1.89% 2.30% 0.66%
Number of daily rates quoted 1 1 0
Average daily rate £475 £550 -
Average daily rate % change year-on-year
-13.63% -
UK excluding London average daily rate £344 £375 £365
% change year-on-year
-8.40% +2.73%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.50 £31.47 £35.00
% change year-on-year
+35.04% -10.08%
Validation
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
106 87 152
As % of all contract IT jobs located in Canary Wharf 86.18% 86.14% 83.52%
Number of daily rates quoted 88 64 108
Average daily rate £475 £500 £550
Average daily rate % change year-on-year
-5.00% -9.09%
90% offered a daily rate of more than £350 £405 £380
10% offered a daily rate of more than £650 £725 £800
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 3
Average hourly rate - - £20.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Validation
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Validation across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Validation Jobs Demand Trend in Canary Wharf

Validation
Daily Rate Trend in Canary Wharf

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

Validation Daily Rate Trend in Canary Wharf

Validation
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Validation across the Canary Wharf region.

Validation Hourly Rate Trend in Canary Wharf

Validation
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 12 February 2016, IT contractor jobs across the Canary Wharf region citing Validation 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 Validation.

1 3 (75.00%) Agile Software Development
2 2 (50.00%) Banking
2 2 (50.00%) Relational Database
2 2 (50.00%) SQL
2 2 (50.00%) C++
2 2 (50.00%) Java
2 2 (50.00%) OO
2 2 (50.00%) Python
2 2 (50.00%) Finance
2 2 (50.00%) Investment Banking
2 2 (50.00%) Degree
3 1 (25.00%) JIRA
3 1 (25.00%) Mathematics
3 1 (25.00%) QA
3 1 (25.00%) Quantitative Analysis
3 1 (25.00%) Market Risk
3 1 (25.00%) Performance Testing
3 1 (25.00%) Test Management
3 1 (25.00%) Continuous Integration
3 1 (25.00%) Electronic Trading
3 1 (25.00%) Investment Management
3 1 (25.00%) TeamCity
3 1 (25.00%) Scala
3 1 (25.00%) Hadoop
3 1 (25.00%) HP Quality Center
3 1 (25.00%) Open Source
3 1 (25.00%) Bash Shell
3 1 (25.00%) Waterfall
3 1 (25.00%) NoSQL
3 1 (25.00%) Regression Analysis

Validation
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 12 February 2016, IT contractor jobs across the Canary Wharf region citing Validation 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 Validation. Up to 20 skills are shown per category.

Application Platforms
1 1 (25.00%) Apache Spark
Communications & Networking
1 1 (25.00%) HTTP
Database & Business Intelligence
1 2 (50.00%) Relational Database
2 1 (25.00%) Big Data
2 1 (25.00%) Hadoop
2 1 (25.00%) NoSQL
2 1 (25.00%) RDBMS
Development Applications
1 1 (25.00%) ClearCase
1 1 (25.00%) HP UFT
1 1 (25.00%) JIRA
1 1 (25.00%) JMeter
1 1 (25.00%) LoadRunner
1 1 (25.00%) Maven
1 1 (25.00%) TeamCity
General
1 2 (50.00%) Banking
1 2 (50.00%) Finance
1 2 (50.00%) Investment Banking
2 1 (25.00%) Corporate Banking
2 1 (25.00%) Front Office
2 1 (25.00%) Retail
2 1 (25.00%) Retail Banking
Job Titles
1 2 (50.00%) Analyst
2 1 (25.00%) Big Data Developer
2 1 (25.00%) Developer
2 1 (25.00%) FX Test Analyst
2 1 (25.00%) Hadoop Developer
2 1 (25.00%) IT Analyst
2 1 (25.00%) Java Developer
2 1 (25.00%) Java Scala Developer
2 1 (25.00%) Performance Specialist
2 1 (25.00%) Performance Test Specialist
2 1 (25.00%) Qualitative Analyst
2 1 (25.00%) Quantitative Analyst
2 1 (25.00%) Scala Developer
2 1 (25.00%) Test Analyst
2 1 (25.00%) Test Specialist
2 1 (25.00%) Validation Analyst
Libraries, Frameworks & Software Standards
1 1 (25.00%) Ajax
1 1 (25.00%) Akka
1 1 (25.00%) Swing
1 1 (25.00%) Web Services
1 1 (25.00%) XML
1 1 (25.00%) XML Messaging
Miscellaneous
1 1 (25.00%) Client/Server
1 1 (25.00%) Derivative
1 1 (25.00%) Foreign Exchange (FX)
1 1 (25.00%) Market Risk
1 1 (25.00%) Mathematics
Operating Systems
1 1 (25.00%) Linux
Processes & Methodologies
1 3 (75.00%) Agile Software Development
2 2 (50.00%) OO
3 1 (25.00%) Automated Testing
3 1 (25.00%) Automation Testing
3 1 (25.00%) Continuous Integration
3 1 (25.00%) E-Commerce
3 1 (25.00%) Electronic Trading
3 1 (25.00%) Functional Testing
3 1 (25.00%) Investment Management
3 1 (25.00%) OOP
3 1 (25.00%) Open Source
3 1 (25.00%) Performance Testing
3 1 (25.00%) Quantitative Analysis
3 1 (25.00%) Regression Analysis
3 1 (25.00%) Regression Testing
3 1 (25.00%) Risk Management
3 1 (25.00%) RUP
3 1 (25.00%) Statistical Modelling
3 1 (25.00%) Test Management
3 1 (25.00%) Waterfall
Programming Languages
1 2 (50.00%) C++
1 2 (50.00%) Java
1 2 (50.00%) Python
1 2 (50.00%) SQL
2 1 (25.00%) Bash Shell
2 1 (25.00%) C#
2 1 (25.00%) Korn
2 1 (25.00%) Perl
2 1 (25.00%) R
2 1 (25.00%) Scala
Qualifications
1 2 (50.00%) Degree
2 1 (25.00%) ISTQB
2 1 (25.00%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 1 (25.00%) QA
Systems Management
1 1 (25.00%) HP Quality Center
Vendors
1 1 (25.00%) Citrix
1 1 (25.00%) HP