The table below looks at the prevalence of the term Wholesale 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 Wholesale Banking over the 3 months to 27 March 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
27 Mar 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank - 28 -
Contract jobs citing Wholesale Banking 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.58% -
As % of the General category - 0.82% -
Number of daily rates quoted 0 1 0
Average daily rate
Keep up to 90%
of your Daily Rate
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- £550 -
UK excluding London average daily rate £409 £425 £378
% change year-on-year
-3.82% +12.58%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Wholesale 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
78 122 274
As % of all contract IT jobs located in Canary Wharf 65.00% 71.35% 78.29%
Number of daily rates quoted 50 82 216
Average daily rate £500 £525 £550
Average daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £350 £267 £367
10% offered a daily rate of more than £630 £700 £675
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 7 3
Average hourly rate - £28.00 £20.00
Average hourly rate % change year-on-year
- +40.00%
UK excluding London average hourly rate £24.00 £22.50 £27.50
% change year-on-year
+6.66% -18.18%

Wholesale Banking
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Wholesale Banking across the Canary Wharf region as a proportion of the total demand within the General category.

Wholesale Banking Jobs Demand Trend in Canary Wharf