The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 25 February 2017 with a comparison to the same period over 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.

3 months to
25 Feb 2017
Same period 2016 Same period 2015
Market Risk
London / Canary Wharf
Rank 23 22 19
Rank change year-on-year
-1 -3
Contract jobs citing Market Risk 2 1 2
As % of all contract IT jobs located in Canary Wharf 1.60% 0.80% 2.13%
As % of the Miscellaneous category 3.28% 2.22% 3.77%
Number of daily rates quoted 1 1 2
Median daily rate £625 £840 £488
Median daily rate % change year-on-year
-25.59% +72.30%
UK excluding London median daily rate £623 £525 £425
% change year-on-year
+18.57% +23.52%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Canary Wharf region.

Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
61 45 53
As % of all contract IT jobs located in Canary Wharf 48.80% 36.00% 56.38%
Number of daily rates quoted 37 40 38
Median daily rate £575 £475 £475
Median daily rate % change year-on-year
+21.05% -
90% offered a daily rate of more than £425 £342 £425
10% offered a daily rate of more than £650 £685 £705
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.50 £22.50 £18.00
% change year-on-year
-22.22% +25.00%

Market Risk
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in Canary Wharf

Market Risk
Daily Rate Trend in Canary Wharf

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

Market Risk Daily Rate Trend in Canary Wharf

Market Risk
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 25 February 2017, IT contractor jobs citing Market Risk 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 Market Risk.

1 6 (100.00%) Finance
2 4 (66.67%) Banking
2 4 (66.67%) Investment Banking
3 3 (50.00%) Electronic Trading
3 3 (50.00%) Risk Management
3 3 (50.00%) Java
4 2 (33.33%) C#
4 2 (33.33%) Oracle
4 2 (33.33%) SOAP
4 2 (33.33%) Agile Software Development
4 2 (33.33%) NUnit
4 2 (33.33%) Infragistics
4 2 (33.33%) .NET
4 2 (33.33%) Jenkins
4 2 (33.33%) Analytical Skills
4 2 (33.33%) Derivative
4 2 (33.33%) Degree
4 2 (33.33%) JIRA
4 2 (33.33%) WCF
4 2 (33.33%) WPF
4 2 (33.33%) Software Engineering
4 2 (33.33%) Virtual Team
4 2 (33.33%) Front Office
5 1 (16.67%) Mathematical Modelling
5 1 (16.67%) Prototyping
5 1 (16.67%) MS PowerPoint
5 1 (16.67%) Credit Risk
5 1 (16.67%) User Acceptance Testing
5 1 (16.67%) Multithreading
5 1 (16.67%) Oracle Coherence

Market Risk
Top Related 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 (16.67%) Apache Spark
1 1 (16.67%) Oracle Coherence
1 1 (16.67%) WebSphere
1 1 (16.67%) WebSphere Application Server
Applications
1 1 (16.67%) MS PowerPoint
Database & Business Intelligence
1 1 (16.67%) Big Data
1 1 (16.67%) Hadoop
1 1 (16.67%) Hazelcast
1 1 (16.67%) Relational Database
1 1 (16.67%) SQL Server
Development Applications
1 2 (33.33%) Jenkins
1 2 (33.33%) JIRA
1 2 (33.33%) NUnit
General
1 6 (100.00%) Finance
2 4 (66.67%) Banking
2 4 (66.67%) Investment Banking
3 2 (33.33%) Front Office
Job Titles
1 5 (83.33%) Developer
2 3 (50.00%) Java Developer
3 2 (33.33%) C# Developer
3 2 (33.33%) C# Developer - Investment Banking
4 1 (16.67%) Analyst
4 1 (16.67%) Banking Analyst
4 1 (16.67%) Business Analyst
4 1 (16.67%) C# WPF Developer
4 1 (16.67%) Designer
4 1 (16.67%) Front Office Developer
4 1 (16.67%) Investment Banking Business Analyst
4 1 (16.67%) Investment Banking Java Developer
4 1 (16.67%) Java Scala Developer
4 1 (16.67%) Scala Developer
4 1 (16.67%) SDLC Business Analyst
4 1 (16.67%) Senior Designer
4 1 (16.67%) Senior Developer
4 1 (16.67%) Senior Java Developer
4 1 (16.67%) UAT Analyst
4 1 (16.67%) WPF Developer
Libraries, Frameworks & Software Standards
1 2 (33.33%) .NET
1 2 (33.33%) SOAP
1 2 (33.33%) WCF
1 2 (33.33%) WPF
2 1 (16.67%) J2EE
2 1 (16.67%) Java EE
2 1 (16.67%) Spring
2 1 (16.67%) Web Services
2 1 (16.67%) XML
2 1 (16.67%) XSD
2 1 (16.67%) XSLT
Miscellaneous
1 2 (33.33%) Analytical Skills
1 2 (33.33%) Derivative
1 2 (33.33%) Virtual Team
2 1 (16.67%) Computer Science
2 1 (16.67%) Credit Risk
2 1 (16.67%) Fixed Income
2 1 (16.67%) Foreign Exchange (FX)
2 1 (16.67%) Grid Computing
2 1 (16.67%) Interest Rate Derivative
2 1 (16.67%) Management Information System
2 1 (16.67%) Taxonomies
Processes & Methodologies
1 3 (50.00%) Electronic Trading
1 3 (50.00%) Risk Management
2 2 (33.33%) Agile Software Development
2 2 (33.33%) Software Engineering
3 1 (16.67%) BDD
3 1 (16.67%) Capacity Management
3 1 (16.67%) Data Management
3 1 (16.67%) Mathematical Modelling
3 1 (16.67%) Mathematics
3 1 (16.67%) Multithreading
3 1 (16.67%) Project Management
3 1 (16.67%) Prototyping
3 1 (16.67%) Scrum
3 1 (16.67%) SDLC
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) User Stories
Programming Languages
1 3 (50.00%) Java
2 2 (33.33%) C#
3 1 (16.67%) C
3 1 (16.67%) Scala
3 1 (16.67%) SQL
Qualifications
1 2 (33.33%) Degree
Vendors
1 2 (33.33%) Infragistics
1 2 (33.33%) Oracle
2 1 (16.67%) Cloudera
2 1 (16.67%) GoldenSource
2 1 (16.67%) IBM
2 1 (16.67%) Sybase
2 1 (16.67%) Vertica