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 4 December 2016 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
4 Dec 2016
Same period 2015 Same period 2014
Market Risk
Rank 25 28 22
Rank change year-on-year
+3 -6
Contract jobs citing Market Risk 3 3 2
As % of all contract IT jobs located in Canary Wharf 1.89% 1.69% 1.74%
As % of the Miscellaneous category 3.70% 4.00% 2.99%
Number of daily rates quoted 3 2 2
Median daily rate £650 £563 £375
Median daily rate % change year-on-year
+15.55% +50.00%
UK excluding London median daily rate - £600 £475
% change year-on-year
- +26.31%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Market Risk
London

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
81 75 67
As % of all contract IT jobs located in Canary Wharf 50.94% 42.37% 58.26%
Number of daily rates quoted 53 56 46
Median daily rate £513 £460 £375
Median daily rate % change year-on-year
+11.41% +22.66%
90% offered a daily rate of more than £160 £274 £220
10% offered a daily rate of more than £650 £625 £550
UK excluding London median daily rate £378 £385 £363
% change year-on-year
-1.94% +6.20%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £18.75 £20.00 £16.74
% change year-on-year
-6.25% +19.51%

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
Hourly Rate Trend in Canary Wharf

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

Market Risk Hourly Rate Trend in Canary Wharf

Market Risk
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 4 December 2016, 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 5 (100.00%) Finance
2 4 (80.00%) Risk Management
3 3 (60.00%) Banking
3 3 (60.00%) Front Office
3 3 (60.00%) Java
3 3 (60.00%) Investment Banking
3 3 (60.00%) Software Engineering
3 3 (60.00%) Derivative
3 3 (60.00%) Degree
3 3 (60.00%) Analytical Skills
4 2 (40.00%) Electronic Trading
4 2 (40.00%) User Stories
4 2 (40.00%) WebSphere
4 2 (40.00%) Java EE
4 2 (40.00%) Taxonomies
4 2 (40.00%) Computer Science
4 2 (40.00%) BDD
4 2 (40.00%) C
4 2 (40.00%) Oracle
4 2 (40.00%) SQL Server
4 2 (40.00%) Sybase
4 2 (40.00%) WebSphere Application Server
4 2 (40.00%) Web Services
4 2 (40.00%) XML
4 2 (40.00%) XSD
4 2 (40.00%) XSLT
4 2 (40.00%) IBM
4 2 (40.00%) Foreign Exchange (FX)
4 2 (40.00%) Project Management
4 2 (40.00%) GoldenSource

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 2 (40.00%) WebSphere
1 2 (40.00%) WebSphere Application Server
Applications
1 1 (20.00%) MS PowerPoint
Database & Business Intelligence
1 2 (40.00%) SQL Server
2 1 (20.00%) Relational Database
Development Applications
1 1 (20.00%) Jenkins
1 1 (20.00%) JIRA
1 1 (20.00%) NUnit
General
1 5 (100.00%) Finance
2 3 (60.00%) Banking
2 3 (60.00%) Front Office
2 3 (60.00%) Investment Banking
Job Titles
1 4 (80.00%) Developer
2 3 (60.00%) Java Developer
3 1 (20.00%) Analyst
3 1 (20.00%) Banking Analyst
3 1 (20.00%) Business Analyst
3 1 (20.00%) C# Developer
3 1 (20.00%) C# Developer - Investment Banking
3 1 (20.00%) Front Office Developer
3 1 (20.00%) Investment Banking Business Analyst
3 1 (20.00%) Investment Banking Java Developer
3 1 (20.00%) Java Scala Developer
3 1 (20.00%) Scala Developer
3 1 (20.00%) SDLC Business Analyst
3 1 (20.00%) UAT Analyst
Libraries, Frameworks & Software Standards
1 2 (40.00%) Java EE
1 2 (40.00%) Web Services
1 2 (40.00%) XML
1 2 (40.00%) XSD
1 2 (40.00%) XSLT
2 1 (20.00%) .NET
2 1 (20.00%) SOAP
2 1 (20.00%) WCF
2 1 (20.00%) WPF
Miscellaneous
1 3 (60.00%) Analytical Skills
1 3 (60.00%) Derivative
2 2 (40.00%) Computer Science
2 2 (40.00%) Foreign Exchange (FX)
2 2 (40.00%) Taxonomies
3 1 (20.00%) Credit Risk
3 1 (20.00%) Fixed Income
3 1 (20.00%) Grid Computing
3 1 (20.00%) Interest Rate Derivative
3 1 (20.00%) Management Information System
3 1 (20.00%) Virtual Team
Processes & Methodologies
1 4 (80.00%) Risk Management
2 3 (60.00%) Software Engineering
3 2 (40.00%) Agile Software Development
3 2 (40.00%) BDD
3 2 (40.00%) Electronic Trading
3 2 (40.00%) Project Management
3 2 (40.00%) User Stories
4 1 (20.00%) Capacity Management
4 1 (20.00%) Data Management
4 1 (20.00%) Multithreading
4 1 (20.00%) Prototyping
4 1 (20.00%) SDLC
4 1 (20.00%) User Acceptance Testing
Programming Languages
1 3 (60.00%) Java
2 2 (40.00%) C
3 1 (20.00%) C#
3 1 (20.00%) Scala
3 1 (20.00%) SQL
Qualifications
1 3 (60.00%) Degree
Vendors
1 2 (40.00%) GoldenSource
1 2 (40.00%) IBM
1 2 (40.00%) Oracle
1 2 (40.00%) Sybase
2 1 (20.00%) Infragistics