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 average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 26 November 2014 with a comparison to the same period in 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.

Location
3 months to
26 Nov 2014
Same period 2013 Same period 2012
Market Risk
Rank 23 18 27
Rank change year-on-year
-5 +9
Contract jobs citing Market Risk 1 16 28
As % of all contract IT jobs located in Canary Wharf 0.89% 7.62% 6.81%
As % of the Miscellaneous category 1.82% 15.09% 13.86%
Number of daily rates quoted 1 16 22
Average daily rate
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of your Daily Rate
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£375 £670 £525
Average daily rate % change year-on-year
-44.02% +27.61%
UK excluding London average daily rate £463 £638 £375
% change year-on-year
-27.45% +70.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
55 106 202
As % of all contract IT jobs located in Canary Wharf 49.11% 50.48% 49.15%
Number of daily rates quoted 35 83 155
Average daily rate £320 £550 £550
Average daily rate % change year-on-year
-41.81% -
90% offered a daily rate of more than £220 £375 £450
10% offered a daily rate of more than £575 £781 £645
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 1 0 0
Average hourly rate £27.50 - -
UK excluding London average hourly rate £17.25 £19.00 £20.00
% change year-on-year
-9.21% -5.00%

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 21 Related IT Skills in Canary Wharf

For the 6 months to 26 November 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 5 (83.33%) Credit Risk
2 4 (66.67%) Stress Testing
2 4 (66.67%) Reference Data
2 4 (66.67%) Portfolio Management
2 4 (66.67%) Data Quality
2 4 (66.67%) Risk Management
3 1 (16.67%) Finance
3 1 (16.67%) Retail
3 1 (16.67%) SQL Server Integration Services
3 1 (16.67%) Windows Vista
3 1 (16.67%) C#
3 1 (16.67%) SQL
3 1 (16.67%) VBA
3 1 (16.67%) .NET
3 1 (16.67%) Windows
3 1 (16.67%) MS Excel
3 1 (16.67%) Windows XP
3 1 (16.67%) Microsoft
3 1 (16.67%) Windows 7
3 1 (16.67%) SCCM
3 1 (16.67%) Time Management

Market Risk
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 26 November 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.

Applications
1 1 (16.67%) MS Excel
Database & Business Intelligence
1 1 (16.67%) SQL Server Integration Services
General
1 1 (16.67%) Finance
1 1 (16.67%) Retail
Job Titles
1 1 (16.67%) VBA Developer
1 1 (16.67%) Excel Developer
1 1 (16.67%) Excel VBA Developer
1 1 (16.67%) Business Analyst
1 1 (16.67%) Developer
1 1 (16.67%) Analyst
Libraries, Frameworks & Software Standards
1 1 (16.67%) .NET
Miscellaneous
1 5 (83.33%) Credit Risk
2 4 (66.67%) Reference Data
Operating Systems
1 1 (16.67%) Windows Vista
1 1 (16.67%) Windows
1 1 (16.67%) Windows XP
1 1 (16.67%) Windows 7
Processes & Methodologies
1 4 (66.67%) Stress Testing
1 4 (66.67%) Portfolio Management
1 4 (66.67%) Risk Management
2 1 (16.67%) Time Management
Programming Languages
1 1 (16.67%) C#
1 1 (16.67%) SQL
1 1 (16.67%) VBA
Quality Assurance & Compliance
1 4 (66.67%) Data Quality
Systems Management
1 1 (16.67%) SCCM
Vendors
1 1 (16.67%) Microsoft