The table below looks at the prevalence of the term Back Office in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Back Office over the 3 months to 22 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Back Office
London / Canary Wharf
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 19 - 23
Rank change year-on-year - 0  
Contract jobs citing Back Office 3 0 7
As % of all contract IT jobs advertised in Canary Wharf 2.80% - 4.22%
As % of the General category 3.57% - 5.51%
Number of daily rates quoted 3 0 5
Median daily rate £588 - £422
UK excluding London median daily rate £405 £375 £375
% change year-on-year +8.00% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £42.50 £17.00 £15.00
% change year-on-year +150.00% +13.33%  

Back Office is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for common skills.

General Skills
Canary Wharf
Contract job vacancies with a requirement for common skills 84 79 127
As % of all contract IT job vacancies advertised in Canary Wharf 78.50% 64.23% 76.51%
Number of daily rates quoted 65 63 91
Median daily rate £575 £406 £500
Median daily rate % change year-on-year +41.53% -18.75%  
90% offered a daily rate of more than £288 £325 £325
10% offered a daily rate of more than £650 £638 £550
UK excluding London median daily rate £413 £400 £400
% change year-on-year +3.12% -  
Number of hourly rates quoted 2 0 2
Median hourly rate £15.00 - £12.50
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Back Office
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing Back Office as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Back Office in Canary Wharf

Back Office
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Back Office in Canary Wharf.

Contractor daily rate trend for Back Office in Canary Wharf

Back Office
Contractor Hourly Rate Trend in Canary Wharf

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

Contractor hourly rate trend for Back Office in Canary Wharf

For the 6 months to 22 June 2017, IT contractor jobs citing Back Office also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Back Office.

1 3 (100.00%) Finance
1 3 (100.00%) Analytics
2 2 (66.67%) SharePoint
2 2 (66.67%) MS Visio
2 2 (66.67%) Data Analytics
2 2 (66.67%) GoldenSource
2 2 (66.67%) Microsoft
2 2 (66.67%) Foreign Exchange (FX)
3 1 (33.33%) Front Office
3 1 (33.33%) Risk Management
3 1 (33.33%) Reuters
3 1 (33.33%) Bloomberg
3 1 (33.33%) MiFID
3 1 (33.33%) Market Risk
3 1 (33.33%) Data Architecture
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) Data Modelling
3 1 (33.33%) Logical Data Model
3 1 (33.33%) Physical Data Model

Back Office
Co-occurring IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (66.67%) SharePoint
Applications
1 2 (66.67%) MS Visio
General
1 3 (100.00%) Finance
2 1 (33.33%) Front Office
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
1 2 (66.67%) Data Business Analyst
2 1 (33.33%) Architect
2 1 (33.33%) Data Architect
2 1 (33.33%) Data Storage Analyst
2 1 (33.33%) FX Business Analyst
2 1 (33.33%) Storage Analyst
Miscellaneous
1 2 (66.67%) Foreign Exchange (FX)
2 1 (33.33%) Market Risk
Processes & Methodologies
1 3 (100.00%) Analytics
2 2 (66.67%) Data Analytics
3 1 (33.33%) Data Architecture
3 1 (33.33%) Data Modelling
3 1 (33.33%) Logical Data Model
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) Physical Data Model
3 1 (33.33%) Risk Management
Quality Assurance & Compliance
1 1 (33.33%) MiFID
Vendors
1 2 (66.67%) GoldenSource
1 2 (66.67%) Microsoft
2 1 (33.33%) Bloomberg
2 1 (33.33%) Reuters