The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 24 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.

Banking
London / Canary Wharf
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 2 1 3
Rank change year-on-year -1 +2  
Contract jobs citing Banking 43 45 33
As % of all contract IT jobs advertised in Canary Wharf 39.81% 36.59% 19.64%
As % of the General category 50.59% 55.56% 25.58%
Number of daily rates quoted 35 31 30
Median daily rate £575 £400 £525
Median daily rate % change year-on-year +43.75% -23.80%  
90% offered a daily rate of more than £475 £325 £320
10% offered a daily rate of more than £705 £575 £605
UK excluding London median daily rate £413 £410 £402
% change year-on-year +0.60% +2.11%  
Number of hourly rates quoted 2 0 0
Median hourly rate £12.00 - -
UK excluding London median hourly rate £13.00 £9.82 £10.44
% change year-on-year +32.45% -5.98%  

Banking 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 85 81 129
As % of all contract IT job vacancies advertised in Canary Wharf 78.70% 65.85% 76.79%
Number of daily rates quoted 65 62 94
Median daily rate £575 £425 £500
Median daily rate % change year-on-year +35.29% -15.00%  
90% offered a daily rate of more than £288 £325 £325
10% offered a daily rate of more than £650 £638 £574
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 2 0 2
Median hourly rate £15.00 - £12.50
UK excluding London median hourly rate £30.00 £24.38 £22.67
% change year-on-year +23.07% +7.54%  

Banking
Job Vacancy Trend in Canary Wharf

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

Job vacancy trend for Banking in Canary Wharf

Banking
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Banking in Canary Wharf

Banking
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Banking in Canary Wharf over the 3 months to 24 June 2017.

Contractor daily rate histogram for Banking in Canary Wharf

Banking
Contractor Hourly Rate Trend in Canary Wharf

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

Contractor hourly rate trend for Banking in Canary Wharf

For the 6 months to 24 June 2017, IT contractor jobs citing Banking 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 Banking.

1 39 (45.88%) Finance
2 38 (44.71%) Investment Banking
3 27 (31.76%) Java
4 23 (27.06%) Linux
5 22 (25.88%) Unix
6 19 (22.35%) SQL
7 17 (20.00%) Python
7 17 (20.00%) Agile Software Development
8 12 (14.12%) Front Office
8 12 (14.12%) Relational Database
8 12 (14.12%) SDLC
9 11 (12.94%) OO
10 10 (11.76%) JavaScript
10 10 (11.76%) C++
10 10 (11.76%) XML
10 10 (11.76%) Foreign Exchange (FX)
11 9 (10.59%) Microsoft
11 9 (10.59%) SOAP
11 9 (10.59%) HTML
11 9 (10.59%) Perl
11 9 (10.59%) DB2
11 9 (10.59%) Big Data
12 8 (9.41%) Jenkins
12 8 (9.41%) Analytical Skills
12 8 (9.41%) SAP
12 8 (9.41%) IBM
12 8 (9.41%) Electronic Trading
13 7 (8.24%) Spring
13 7 (8.24%) Oracle
13 7 (8.24%) Configuration Management

Banking
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 5 (5.88%) Tomcat
1 5 (5.88%) WebSphere
2 4 (4.71%) JBoss
3 2 (2.35%) Apache
3 2 (2.35%) Apache Spark
3 2 (2.35%) IIS
3 2 (2.35%) Mule
3 2 (2.35%) Oracle Coherence
3 2 (2.35%) WebSphere Application Server
4 1 (1.18%) Apache Solr
4 1 (1.18%) DataSynapse
4 1 (1.18%) Elasticsearch
4 1 (1.18%) WebLogic
Applications
1 3 (3.53%) Microsoft Office
1 3 (3.53%) MS Visio
2 2 (2.35%) Microsoft Excel
2 2 (2.35%) Microsoft Project
3 1 (1.18%) S-PLUS
Business Applications
1 1 (1.18%) Eikon
Cloud Services
1 7 (8.24%) Amazon AWS
2 4 (4.71%) PaaS
3 3 (3.53%) Microsoft Azure
4 1 (1.18%) IaaS
4 1 (1.18%) OpenShift
4 1 (1.18%) SaaS
Communications & Networking
1 3 (3.53%) TCP/IP
2 2 (2.35%) Cisco IOS
2 2 (2.35%) Ethernet
2 2 (2.35%) FTP
2 2 (2.35%) Network Security
2 2 (2.35%) NX-OS
3 1 (1.18%) BGP
3 1 (1.18%) Cisco Nexus
3 1 (1.18%) HTTP
3 1 (1.18%) Intrusion Detection
3 1 (1.18%) LDAP
3 1 (1.18%) MPLS
3 1 (1.18%) OSPF
3 1 (1.18%) RIP
3 1 (1.18%) SAN
3 1 (1.18%) Spanning Tree
3 1 (1.18%) SSL
3 1 (1.18%) TACACS
3 1 (1.18%) VPN
3 1 (1.18%) X.509
Database & Business Intelligence
1 12 (14.12%) Relational Database
2 9 (10.59%) Big Data
2 9 (10.59%) DB2
3 4 (4.71%) KDB
3 4 (4.71%) MongoDB
3 4 (4.71%) NoSQL
4 3 (3.53%) Apache Cassandra
4 3 (3.53%) Data Warehouse
5 2 (2.35%) Data Mining
5 2 (2.35%) HBase
5 2 (2.35%) Kdb+
5 2 (2.35%) PostgreSQL
5 2 (2.35%) RDBMS
5 2 (2.35%) SQL Server
6 1 (1.18%) DataStax
6 1 (1.18%) Hazelcast
6 1 (1.18%) Impala
6 1 (1.18%) Infinispan
6 1 (1.18%) Oracle Database
6 1 (1.18%) SQL Server 2012
Development Applications
1 8 (9.41%) Jenkins
2 6 (7.06%) Git (software)
3 5 (5.88%) JUnit
4 4 (4.71%) Maven
5 3 (3.53%) Gradle
5 3 (3.53%) JIRA
6 2 (2.35%) Ant
6 2 (2.35%) Hudson
6 2 (2.35%) IntelliJ
7 1 (1.18%) ERwin
7 1 (1.18%) NetBeans
7 1 (1.18%) NUnit
7 1 (1.18%) PowerBuilder
7 1 (1.18%) Toad
General
1 39 (45.88%) Finance
2 38 (44.71%) Investment Banking
3 12 (14.12%) Front Office
4 4 (4.71%) International Banking
4 4 (4.71%) Legal
5 1 (1.18%) Prime Brokerage
5 1 (1.18%) Retail
5 1 (1.18%) Retail Banking
Job Titles
1 34 (40.00%) Developer
2 12 (14.12%) Java Developer
3 11 (12.94%) Architect
4 10 (11.76%) Analyst
5 8 (9.41%) Investment Banking Java Developer
6 6 (7.06%) Banking Analyst
6 6 (7.06%) C++ Developer
6 6 (7.06%) SQL Developer
7 5 (5.88%) Business Analyst
7 5 (5.88%) Consultant
7 5 (5.88%) JavaScript Developer
7 5 (5.88%) Senior Developer
7 5 (5.88%) Unix Developer
8 4 (4.71%) Angular Developer
8 4 (4.71%) HTML Developer
8 4 (4.71%) Linux Engineer
8 4 (4.71%) Scala Developer
8 4 (4.71%) Senior Consultant
8 4 (4.71%) Unix Engineer
9 3 (3.53%) Investment Banking C++ Developer
Libraries, Frameworks & Software Standards
1 10 (11.76%) XML
2 9 (10.59%) HTML
2 9 (10.59%) SOAP
3 7 (8.24%) AngularJS
3 7 (8.24%) HTML5
3 7 (8.24%) Spring
4 6 (7.06%) Web Services
5 5 (5.88%) .NET
5 5 (5.88%) J2EE
5 5 (5.88%) Protocol Buffers
6 4 (4.71%) FIX Protocol
6 4 (4.71%) JSON
6 4 (4.71%) Middleware
6 4 (4.71%) REST
7 3 (3.53%) CSS
8 2 (2.35%) Apache Avro
8 2 (2.35%) IBM Integration Bus
8 2 (2.35%) Swing
8 2 (2.35%) WebSphere MQ
9 1 (1.18%) Twitter Bootstrap
Miscellaneous
1 10 (11.76%) Foreign Exchange (FX)
2 8 (9.41%) Analytical Skills
3 5 (5.88%) Enterprise Software
3 5 (5.88%) Fixed Income
3 5 (5.88%) User Experience
4 4 (4.71%) Computer Science
4 4 (4.71%) Data Structures
4 4 (4.71%) Derivative
5 3 (3.53%) Fintech
5 3 (3.53%) iPhone
5 3 (3.53%) Market Risk
6 2 (2.35%) Algorithms
6 2 (2.35%) Credit Risk
6 2 (2.35%) Cyberthreat
6 2 (2.35%) DataPower
6 2 (2.35%) Greenfield Project
6 2 (2.35%) Management Information System
6 2 (2.35%) OTC Derivatives
6 2 (2.35%) Public Cloud
6 2 (2.35%) Reference Data
Operating Systems
1 23 (27.06%) Linux
2 22 (25.88%) Unix
3 5 (5.88%) Android
4 3 (3.53%) Apple iOS
4 3 (3.53%) Red Hat Enterprise Linux
4 3 (3.53%) Windows
5 1 (1.18%) OpenVMS
5 1 (1.18%) Solaris
Processes & Methodologies
1 17 (20.00%) Agile Software Development
2 12 (14.12%) SDLC
3 11 (12.94%) OO
4 8 (9.41%) Electronic Trading
5 7 (8.24%) Configuration Management
5 7 (8.24%) Stakeholder Management
6 6 (7.06%) Enterprise Architecture
6 6 (7.06%) ETL
6 6 (7.06%) ITIL
6 6 (7.06%) Migration
6 6 (7.06%) Multithreading
6 6 (7.06%) Risk Management
6 6 (7.06%) Test Automation
6 6 (7.06%) Wireframes
7 5 (5.88%) High Availability
7 5 (5.88%) Low Latency
7 5 (5.88%) Refactoring
7 5 (5.88%) Scrum
8 4 (4.71%) SOA
8 4 (4.71%) Software Engineering
Programming Languages
1 27 (31.76%) Java
2 19 (22.35%) SQL
3 17 (20.00%) Python
4 10 (11.76%) C++
4 10 (11.76%) JavaScript
5 9 (10.59%) Perl
6 5 (5.88%) Scala
6 5 (5.88%) Shell Script
7 4 (4.71%) C
8 3 (3.53%) Bash Shell
8 3 (3.53%) PHP
8 3 (3.53%) PL/SQL
8 3 (3.53%) Ruby
8 3 (3.53%) T-SQL
9 1 (1.18%) Groovy
9 1 (1.18%) Korn
9 1 (1.18%) MATLAB
9 1 (1.18%) R
9 1 (1.18%) TypeScript
9 1 (1.18%) VB
Qualifications
1 5 (5.88%) Degree
2 1 (1.18%) CCIE
2 1 (1.18%) CISA
2 1 (1.18%) Cisco Certification
2 1 (1.18%) CISM
2 1 (1.18%) CISSP
2 1 (1.18%) Computer Science Degree
Quality Assurance & Compliance
1 6 (7.06%) MiFID
2 4 (4.71%) EMIR
3 3 (3.53%) QA
4 2 (2.35%) Dodd-Frank
4 2 (2.35%) FATCA
4 2 (2.35%) ISO/IEC 27001
4 2 (2.35%) PCI DSS
5 1 (1.18%) SLA
System Software
1 2 (2.35%) GPFS
1 2 (2.35%) LXC
2 1 (1.18%) Apache Flume
2 1 (1.18%) Docker
2 1 (1.18%) Platform Symphony
2 1 (1.18%) RACF
Systems Management
1 5 (5.88%) Puppet
2 3 (3.53%) Ansible
3 2 (2.35%) MOM
3 2 (2.35%) Opscode Chef
3 2 (2.35%) ZABBIX
4 1 (1.18%) Kibana
4 1 (1.18%) logstash
Vendors
1 9 (10.59%) Microsoft
2 8 (9.41%) IBM
2 8 (9.41%) SAP
3 7 (8.24%) Oracle
4 6 (7.06%) Sybase
5 4 (4.71%) HP
5 4 (4.71%) Splunk
5 4 (4.71%) Symantec
5 4 (4.71%) Veritas
6 3 (3.53%) Cisco
6 3 (3.53%) Cloudera
6 3 (3.53%) Google
6 3 (3.53%) Red Hat
7 2 (2.35%) ArcSight
7 2 (2.35%) Bloomberg
7 2 (2.35%) Perforce
7 2 (2.35%) SevOne
7 2 (2.35%) Wallstreet Suite
8 1 (1.18%) CA Agile Central
8 1 (1.18%) Solace