The first 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 average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 23 April 2014 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
23 Apr 2014
Same period 2013 Same period 2012
Market Risk
Rank 22 34 40
Rank change year-on-year
+12 +6
Contract jobs citing Market Risk 1 13 12
As % of all contract IT jobs located in Canary Wharf 0.68% 3.53% 2.99%
As % of the Miscellaneous category 1.69% 8.67% 8.05%
Number of daily rates quoted 1 6 8
Average daily rate £650 £588 £538
Average daily rate % change year-on-year
+10.63% +9.30%
UK excluding London average daily rate £783 £575 £425
% change year-on-year
+36.08% +35.29%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
59 150 149
As % of all contract IT jobs located in Canary Wharf 40.41% 40.76% 37.06%
Number of daily rates quoted 46 118 99
Average daily rate £590 £600 £550
Average daily rate % change year-on-year
-1.66% +9.09%
90% offered a daily rate of more than £241 £500 £425
10% offered a daily rate of more than £800 £675 £650
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 1 1 0
Average hourly rate £28.00 £42.50 -
Average hourly rate % change year-on-year
-34.11% -
UK excluding London average hourly rate £18.00 £20.00 £25.00
% change year-on-year
-10.00% -20.00%
Market Risk
London

Market Risk
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the Canary Wharf region as a proportion of the total demand within 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 29 Related IT Skills in Canary Wharf

For the 6 months to 23 April 2014, IT contractor jobs across the Canary Wharf region citing Market 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 Market Risk.

1 6 (50.00%) Finance
2 5 (41.67%) Risk Management
3 4 (33.33%) User Acceptance Testing
3 4 (33.33%) Degree
3 4 (33.33%) SQL
3 4 (33.33%) VBA
4 3 (25.00%) Project Management
4 3 (25.00%) Continuous Improvement
4 3 (25.00%) Change Control
5 2 (16.67%) SQL Server Analysis Services
5 2 (16.67%) Team Foundation Server
5 2 (16.67%) MDX
5 2 (16.67%) NUnit
5 2 (16.67%) CruiseControl
5 2 (16.67%) Subversion
5 2 (16.67%) C#
5 2 (16.67%) Java
5 2 (16.67%) SQL Server
5 2 (16.67%) OO
5 2 (16.67%) ClearCase
5 2 (16.67%) SharePoint
5 2 (16.67%) Data Warehouse
5 2 (16.67%) Microsoft
5 2 (16.67%) Back Office
6 1 (8.33%) Scrum
6 1 (8.33%) Equities
6 1 (8.33%) Oracle
6 1 (8.33%) Credit Risk
6 1 (8.33%) Stress Testing

Market Risk
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 23 April 2014, IT contractor jobs across the Canary Wharf region citing Market 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 Market Risk. Up to 20 skills are shown per category.

Application Platforms
1 2 (16.67%) SharePoint
Database & Business Intelligence
1 2 (16.67%) SQL Server Analysis Services
1 2 (16.67%) SQL Server
1 2 (16.67%) Data Warehouse
Development Applications
1 2 (16.67%) Team Foundation Server
1 2 (16.67%) NUnit
1 2 (16.67%) CruiseControl
1 2 (16.67%) Subversion
1 2 (16.67%) ClearCase
General
1 6 (50.00%) Finance
2 2 (16.67%) Back Office
Job Titles
1 9 (75.00%) Project Manager
2 8 (66.67%) Risk Manager
3 5 (41.67%) Analyst
3 5 (41.67%) Risk Analyst
4 4 (33.33%) Business Project Manager
4 4 (33.33%) Business Manager
4 4 (33.33%) Business Analyst
5 2 (16.67%) Developer
6 1 (8.33%) Database Developer
Libraries, Frameworks & Software Standards
1 2 (16.67%) MDX
Miscellaneous
1 1 (8.33%) Equities
1 1 (8.33%) Credit Risk
Processes & Methodologies
1 5 (41.67%) Risk Management
2 4 (33.33%) User Acceptance Testing
3 3 (25.00%) Project Management
3 3 (25.00%) Continuous Improvement
3 3 (25.00%) Change Control
4 2 (16.67%) OO
5 1 (8.33%) Scrum
5 1 (8.33%) Stress Testing
Programming Languages
1 4 (33.33%) SQL
1 4 (33.33%) VBA
2 2 (16.67%) C#
2 2 (16.67%) Java
Qualifications
1 4 (33.33%) Degree
Vendors
1 2 (16.67%) Microsoft
2 1 (8.33%) Oracle