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 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Market Risk
Rank 29 26 17
Rank change year-on-year
-3 -9
Contract jobs citing Market Risk 2 5 5
As % of all contract IT jobs located in Canary Wharf 1.17% 2.76% 4.46%
As % of the Miscellaneous category 2.78% 5.81% 10.42%
Number of daily rates quoted 0 3 1
Median daily rate - £425 £400
Median daily rate % change year-on-year
- +6.25%
UK excluding London median daily rate £500 £500 £438
% change year-on-year
- +14.28%
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
72 86 48
As % of all contract IT jobs located in Canary Wharf 42.11% 47.51% 42.86%
Number of daily rates quoted 48 52 20
Median daily rate £363 £500 £450
Median daily rate % change year-on-year
-27.50% +11.11%
90% offered a daily rate of more than £160 £265 £300
10% offered a daily rate of more than £585 £600 £600
UK excluding London median daily rate £375 £380 £350
% change year-on-year
-1.31% +8.57%
Number of hourly rates quoted 1 1 3
Median hourly rate £12.00 £35.75 £27.50
Median hourly rate % change year-on-year
-66.43% +30.00%
UK excluding London median hourly rate £21.16 £19.00 £17.50
% change year-on-year
+11.34% +8.57%

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 30 September 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 3 (100.00%) Java
1 3 (100.00%) Oracle
1 3 (100.00%) SQL Server
1 3 (100.00%) Agile Software Development
1 3 (100.00%) Finance
1 3 (100.00%) BDD
1 3 (100.00%) Analytical Skills
2 2 (66.67%) Project Management
2 2 (66.67%) User Stories
2 2 (66.67%) GoldenSource
2 2 (66.67%) Software Engineering
2 2 (66.67%) Derivative
2 2 (66.67%) WebSphere
2 2 (66.67%) Java EE
2 2 (66.67%) Taxonomies
2 2 (66.67%) Degree
2 2 (66.67%) Computer Science
2 2 (66.67%) Front Office
2 2 (66.67%) Risk Management
2 2 (66.67%) Foreign Exchange (FX)
2 2 (66.67%) WebSphere Application Server
2 2 (66.67%) IBM
2 2 (66.67%) Sybase
2 2 (66.67%) C
2 2 (66.67%) Web Services
2 2 (66.67%) XML
2 2 (66.67%) XSD
2 2 (66.67%) XSLT
3 1 (33.33%) OO
3 1 (33.33%) OOD

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 (66.67%) WebSphere
1 2 (66.67%) WebSphere Application Server
2 1 (33.33%) IIS
Database & Business Intelligence
1 3 (100.00%) SQL Server
2 1 (33.33%) BusinessObjects
2 1 (33.33%) Microsoft Analysis Services
2 1 (33.33%) OLAP
2 1 (33.33%) Oracle OLAP
2 1 (33.33%) SQL Server Analysis Services
Development Applications
1 1 (33.33%) Jenkins
1 1 (33.33%) NUnit
1 1 (33.33%) SpecFlow
1 1 (33.33%) Visual Studio
General
1 3 (100.00%) Finance
2 2 (66.67%) Front Office
Job Titles
1 3 (100.00%) Developer
1 3 (100.00%) Java Developer
2 1 (33.33%) .NET Developer
Libraries, Frameworks & Software Standards
1 2 (66.67%) Java EE
1 2 (66.67%) Web Services
1 2 (66.67%) XML
1 2 (66.67%) XSD
1 2 (66.67%) XSLT
2 1 (33.33%) .NET
2 1 (33.33%) ASP.NET
Miscellaneous
1 3 (100.00%) Analytical Skills
2 2 (66.67%) Computer Science
2 2 (66.67%) Derivative
2 2 (66.67%) Foreign Exchange (FX)
2 2 (66.67%) Taxonomies
Processes & Methodologies
1 3 (100.00%) Agile Software Development
1 3 (100.00%) BDD
2 2 (66.67%) Project Management
2 2 (66.67%) Risk Management
2 2 (66.67%) Software Engineering
2 2 (66.67%) User Stories
3 1 (33.33%) Business Intelligence
3 1 (33.33%) Continuous Integration
3 1 (33.33%) ETL
3 1 (33.33%) OO
3 1 (33.33%) OOD
3 1 (33.33%) Release Management
3 1 (33.33%) TDD
Programming Languages
1 3 (100.00%) Java
2 2 (66.67%) C
3 1 (33.33%) C#
3 1 (33.33%) MATLAB
3 1 (33.33%) VB.NET
Qualifications
1 2 (66.67%) Degree
Vendors
1 3 (100.00%) Oracle
2 2 (66.67%) GoldenSource
2 2 (66.67%) IBM
2 2 (66.67%) Sybase
3 1 (33.33%) Informatica
3 1 (33.33%) Microsoft