The table below provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for knowledge and experience of Bloomberg products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bloomberg over the 3 months to 26 June 2017 with a comparison to the same period in 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Bloomberg.

Bloomberg
London / Canary Wharf
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 22 25 28
Rank change year-on-year +3 +3  
Contract jobs citing Bloomberg 1 1 2
As % of all contract IT jobs advertised in Canary Wharf 0.90% 0.81% 1.16%
As % of the Vendors category 2.27% 2.22% 2.11%
Number of daily rates quoted 1 1 2
Median daily rate £588 £240 £513
Median daily rate % change year-on-year +144.79% -53.17%  
UK excluding London median daily rate £445 £475 £500
% change year-on-year -6.31% -5.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Bloomberg is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in Canary Wharf.

Contract Vendor Product & Service Skills
Canary Wharf
Contract job vacancies with a requirement for skills associated with vendor products and/or services 44 45 95
As % of all contract IT job vacancies advertised in Canary Wharf 39.64% 36.59% 54.91%
Number of daily rates quoted 27 27 63
Median daily rate £570 £493 £475
Median daily rate % change year-on-year +15.73% +3.68%  
90% offered a daily rate of more than £350 £308 £300
10% offered a daily rate of more than £607 £650 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 1 0 0
Median hourly rate £162.50 - -
UK excluding London median hourly rate £17.50 £20.50 £18.07
% change year-on-year -14.63% +13.44%  

Bloomberg
Job Vacancy Trend in Canary Wharf

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

Job vacancy trend for Bloomberg in Canary Wharf

Bloomberg
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Bloomberg in Canary Wharf

Bloomberg
Contractor Hourly Rate Trend in Canary Wharf

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

Contractor hourly rate trend for Bloomberg in Canary Wharf

For the 6 months to 26 June 2017, IT contractor jobs citing Bloomberg 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 Bloomberg.

1 3 (75.00%) Reuters
2 2 (50.00%) Investment Banking
2 2 (50.00%) Finance
2 2 (50.00%) Banking
2 2 (50.00%) Analytics
2 2 (50.00%) Foreign Exchange (FX)
3 1 (25.00%) Eikon
3 1 (25.00%) FactSet
3 1 (25.00%) Market Making
3 1 (25.00%) SDLC
3 1 (25.00%) FXall
3 1 (25.00%) ION Trading
3 1 (25.00%) GoldenSource
3 1 (25.00%) Spring
3 1 (25.00%) Migration
3 1 (25.00%) Agile Software Development
3 1 (25.00%) Degree
3 1 (25.00%) MiFID
3 1 (25.00%) JIRA
3 1 (25.00%) FIX Protocol
3 1 (25.00%) Release Management
3 1 (25.00%) KDB
3 1 (25.00%) Electronic Trading
3 1 (25.00%) System Testing
3 1 (25.00%) Confluence
3 1 (25.00%) HTML5
3 1 (25.00%) Waterfall
3 1 (25.00%) REST
3 1 (25.00%) Process Improvement
3 1 (25.00%) Data Analytics

Bloomberg
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 1 (25.00%) Confluence
1 1 (25.00%) SharePoint
Applications
1 1 (25.00%) MS Visio
Business Applications
1 1 (25.00%) Eikon
Database & Business Intelligence
1 1 (25.00%) KDB
Development Applications
1 1 (25.00%) JIRA
General
1 2 (50.00%) Banking
1 2 (50.00%) Finance
1 2 (50.00%) Investment Banking
2 1 (25.00%) Back Office
2 1 (25.00%) Front Office
Job Titles
1 2 (50.00%) Analyst
2 1 (25.00%) Banking Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Data Business Analyst
2 1 (25.00%) Data Storage Analyst
2 1 (25.00%) Desktop Analyst
2 1 (25.00%) Desktop Support
2 1 (25.00%) Developer
2 1 (25.00%) Java Developer
2 1 (25.00%) Service Analyst
2 1 (25.00%) Storage Analyst
Libraries, Frameworks & Software Standards
1 1 (25.00%) FIX Protocol
1 1 (25.00%) HTML
1 1 (25.00%) HTML5
1 1 (25.00%) REST
1 1 (25.00%) Spring
Miscellaneous
1 2 (50.00%) Foreign Exchange (FX)
Operating Systems
1 1 (25.00%) Linux
1 1 (25.00%) Unix
Processes & Methodologies
1 2 (50.00%) Analytics
2 1 (25.00%) Agile Software Development
2 1 (25.00%) Business Analytics
2 1 (25.00%) Configuration Management
2 1 (25.00%) Data Analytics
2 1 (25.00%) Electronic Trading
2 1 (25.00%) Market Making
2 1 (25.00%) Migration
2 1 (25.00%) Process Improvement
2 1 (25.00%) Release Management
2 1 (25.00%) SDLC
2 1 (25.00%) System Testing
2 1 (25.00%) Waterfall
Programming Languages
1 1 (25.00%) Java
1 1 (25.00%) SQL
Qualifications
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 1 (25.00%) MiFID
Vendors
1 3 (75.00%) Reuters
2 1 (25.00%) FactSet
2 1 (25.00%) Fidessa
2 1 (25.00%) FXall
2 1 (25.00%) GoldenSource
2 1 (25.00%) ION Trading
2 1 (25.00%) Microsoft