The table below looks at the statistics for Wealth Management 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 Wealth Management over the 3 months to 29 January 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 Jan 2015
Same period 2014 Same period 2013
Wealth Management
Rank 21 32 25
Rank change year-on-year
+11 -7
Contract jobs citing Wealth Management 1 2 21
As % of all contract IT jobs located in Canary Wharf 1.04% 1.08% 6.07%
As % of the Processes & Methodologies category 1.25% 1.27% 6.82%
Number of daily rates quoted 1 1 17
Average daily rate
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£500 £450 £550
Average daily rate % change year-on-year
+11.11% -18.18%
UK excluding London average daily rate £475 £450 £365
% change year-on-year
+5.55% +23.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £175.00 -
Wealth Management
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
80 157 308
As % of all contract IT jobs located in Canary Wharf 83.33% 84.86% 89.02%
Number of daily rates quoted 60 114 209
Average daily rate £500 £550 £525
Average daily rate % change year-on-year
-9.09% +4.76%
90% offered a daily rate of more than £375 £360 £338
10% offered a daily rate of more than £725 £800 £600
UK excluding London average daily rate £398 £375 £360
% change year-on-year
+6.00% +4.16%
Number of hourly rates quoted 0 1 4
Average hourly rate - £20.00 £20.00
UK excluding London average hourly rate £26.00 £27.50 £31.07
% change year-on-year
-5.45% -11.49%

Wealth Management
Jobs Demand Trend in Canary Wharf

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

Wealth Management Jobs Demand Trend in Canary Wharf

Wealth Management
Daily Rate Trend in Canary Wharf

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

Wealth Management Daily Rate Trend in Canary Wharf

Wealth Management
Top 11 Related IT Skills in Canary Wharf

For the 6 months to 29 January 2015, IT contractor jobs across the Canary Wharf region citing Wealth Management 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 Wealth Management.

1 1 (100.00%) OLAP
1 1 (100.00%) Cognos
1 1 (100.00%) Data Warehouse
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Project Management
1 1 (100.00%) GAAP
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Asset Management
1 1 (100.00%) Applix
1 1 (100.00%) Cognos TM1

Wealth Management
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 January 2015, IT contractor jobs across the Canary Wharf region citing Wealth Management 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 Wealth Management. Up to 20 skills are shown per category.

Business Applications
1 1 (100.00%) Cognos TM1
Database & Business Intelligence
1 1 (100.00%) OLAP
1 1 (100.00%) Data Warehouse
General
1 1 (100.00%) Finance
1 1 (100.00%) Banking
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) TM1 Developer
Processes & Methodologies
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Project Management
1 1 (100.00%) Asset Management
Quality Assurance & Compliance
1 1 (100.00%) GAAP
Vendors
1 1 (100.00%) Cognos
1 1 (100.00%) Applix