The first table below looks at the prevalence of the term Credit Risk 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 Credit Risk over the 3 months to 20 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

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
20 May 2013
Same period 2012 Same period 2011
Credit Risk
Rank 19 37 32
Rank change year-on-year
+18 -5
Contract jobs citing Credit Risk 39 10 27
As % of all contract IT jobs located in Canary Wharf 9.848% 2.681% 5.411%
As % of the Miscellaneous category 21.08% 6.579% 7.500%
Number of daily rates quoted 32 6 20
Average daily rate £600 £538 £575
Average daily rate % change year-on-year
+11.62% -6.52%
90% offered a daily rate of more than £550 £488 £495
10% offered a daily rate of more than £650 £588 £608
UK excluding London average daily rate £425 £400 £385
% change year-on-year
+6.25% +3.89%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £51.00
All of the Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
185 152 360
As % of all contract IT jobs located in Canary Wharf 46.72% 40.75% 72.14%
Number of daily rates quoted 147 98 289
Average daily rate £600 £550 £600
Average daily rate % change year-on-year
+9.09% -8.33%
90% offered a daily rate of more than £500 £460 £475
10% offered a daily rate of more than £650 £650 £673
UK excluding London average daily rate £350 £343 £340
% change year-on-year
+2.18% +0.73%
Number of hourly rates quoted 1 0 2
Average hourly rate £42.50 - £15.00
UK excluding London average hourly rate £22.50 £24.50 £27.00
% change year-on-year
-8.16% -9.25%
Credit Risk
London

Credit Risk
Jobs Demand Trend

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

Canary Wharf Credit Risk Jobs Demand Trend

Credit Risk
Daily Rate Trend

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

Canary Wharf Credit Risk Daily Rate Trend

Credit Risk
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Risk across the Canary Wharf region over the 3 months to 20 May 2013.

Canary Wharf Credit Risk Daily Rate Histogram

Credit Risk
Hourly Rate Trend

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

Canary Wharf Credit Risk Hourly Rate Trend

Credit Risk
Top 30 Related IT Skills

For the 6 months to 20 May 2013, IT contractor jobs across the Canary Wharf region citing Credit Risk 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 Credit Risk.

1 28 (50.91%) Banking
2 25 (45.45%) Finance
3 23 (41.82%) Investment Banking
4 22 (40.00%) SQL
5 16 (29.09%) Foreign Exchange (FX)
6 14 (25.45%) E-Commerce
6 14 (25.45%) CSS
6 14 (25.45%) JavaScript
6 14 (25.45%) Ajax
6 14 (25.45%) Agile Software Development
6 14 (25.45%) Web Development
6 14 (25.45%) RIA
6 14 (25.45%) jQuery
6 14 (25.45%) HTML5
6 14 (25.45%) CSS3
7 12 (21.82%) Front Office
8 11 (20.00%) Windows
8 11 (20.00%) STL
8 11 (20.00%) C++
8 11 (20.00%) Boost C++ Libraries
9 9 (16.36%) User Acceptance Testing
10 8 (14.55%) Derivative
11 7 (12.73%) Data Analysis
11 7 (12.73%) Market Risk
11 7 (12.73%) SQL Server
12 6 (10.91%) Legal
12 6 (10.91%) UML
12 6 (10.91%) Business Analysis
12 6 (10.91%) JIRA
13 5 (9.091%) Degree

Credit Risk
Top Related IT Skills by Category

For the 6 months to 20 May 2013, IT contractor jobs across the Canary Wharf region citing Credit Risk 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 Credit Risk. Up to 20 skills are shown per category.

Application Development
1 14 (25.45%) CSS
1 14 (25.45%) Ajax
1 14 (25.45%) jQuery
1 14 (25.45%) HTML5
1 14 (25.45%) CSS3
2 11 (20.00%) Boost C++ Libraries
2 11 (20.00%) STL
3 1 (1.818%) WPF
3 1 (1.818%) LINQ
3 1 (1.818%) .NET
Application Platforms
1 3 (5.455%) SAS
2 2 (3.636%) SharePoint Server
2 2 (3.636%) WorkSite
2 2 (3.636%) SharePoint
Applications
1 2 (3.636%) MS Visio
Database & Business Intelligence
1 7 (12.73%) SQL Server
2 4 (7.273%) Data Mining
2 4 (7.273%) SQL Server 2005
3 2 (3.636%) Data Warehouse
4 1 (1.818%) BusinessObjects
4 1 (1.818%) ReportNet
4 1 (1.818%) QlikView
Development Applications
1 6 (10.91%) JIRA
General
1 28 (50.91%) Banking
2 25 (45.45%) Finance
3 23 (41.82%) Investment Banking
4 12 (21.82%) Front Office
5 6 (10.91%) Legal
6 2 (3.636%) Back Office
6 2 (3.636%) Corporate Banking
6 2 (3.636%) Private Banking
7 1 (1.818%) Financial Institution
Job Titles
1 29 (52.73%) Developer
2 20 (36.36%) Analyst
3 13 (23.64%) Business Analyst
4 11 (20.00%) C++ Developer
5 9 (16.36%) Credit Risk Analyst
6 7 (12.73%) Credit Risk Business Analyst
6 7 (12.73%) Senior C++ Developer
6 7 (12.73%) Front Office Developer
6 7 (12.73%) Senior Developer
7 5 (9.091%) Data Analyst
8 4 (7.273%) Lead Developer
8 4 (7.273%) SQL Developer
8 4 (7.273%) SQL Server Developer
8 4 (7.273%) Project Manager
8 4 (7.273%) Credit Risk Developer
8 4 (7.273%) Lead SQL Server Developer
9 3 (5.455%) Banking Business Analyst
10 2 (3.636%) Credit Analyst
10 2 (3.636%) Service Analyst
11 1 (1.818%) Architect
Miscellaneous
1 16 (29.09%) Foreign Exchange (FX)
2 14 (25.45%) RIA
3 8 (14.55%) Derivative
4 7 (12.73%) Market Risk
5 4 (7.273%) Computer Science
6 3 (5.455%) Management Information System
7 2 (3.636%) Equities
8 1 (1.818%) Credit Derivative
8 1 (1.818%) Economics
8 1 (1.818%) CMDB
8 1 (1.818%) Mathematics
8 1 (1.818%) Hedge funds
Operating Systems
1 11 (20.00%) Windows
2 2 (3.636%) UNIX
Processes & Methodologies
1 14 (25.45%) E-Commerce
1 14 (25.45%) Agile Software Development
1 14 (25.45%) Web Development
2 9 (16.36%) User Acceptance Testing
3 7 (12.73%) Data Analysis
4 6 (10.91%) Business Analysis
4 6 (10.91%) UML
5 5 (9.091%) Analytics
5 5 (9.091%) Monte Carlo Method
5 5 (9.091%) Data Modelling
5 5 (9.091%) Risk Management
6 4 (7.273%) Software Engineering
6 4 (7.273%) Unit Testing
7 3 (5.455%) Use Case
7 3 (5.455%) Release Management
7 3 (5.455%) Stakeholder Management
8 2 (3.636%) Scrum
8 2 (3.636%) Asset Management
8 2 (3.636%) Project Management
8 2 (3.636%) Change Management
Programming Languages
1 22 (40.00%) SQL
2 14 (25.45%) JavaScript
3 11 (20.00%) C++
4 5 (9.091%) C#
5 4 (7.273%) VBA
5 4 (7.273%) PowerShell
Qualifications
1 5 (9.091%) Degree
Quality Assurance & Compliance
1 5 (9.091%) Basel III
2 1 (1.818%) SLA
2 1 (1.818%) Basel II
2 1 (1.818%) QA
Vendors
1 5 (9.091%) Teradata
2 4 (7.273%) Perforce
2 4 (7.273%) Oracle
3 2 (3.636%) Murex
3 2 (3.636%) StatPro
3 2 (3.636%) Remedy
4 1 (1.818%) Sybase
4 1 (1.818%) Business Objects
4 1 (1.818%) SAP
4 1 (1.818%) Cognos