The first table below looks at the demand for Stress Testing skills 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 Stress Testing over the 3 months to 24 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 of the Processes & Methodologies 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
24 Apr 2014
Same period 2013 Same period 2012
Stress Testing
Rank 21 44 44
Rank change year-on-year
+23 0
Contract jobs citing Stress Testing 1 3 6
As % of all contract IT jobs located in Canary Wharf 0.74% 0.83% 1.49%
As % of the Processes & Methodologies category 0.95% 1.01% 1.83%
Number of daily rates quoted 1 1 4
Average daily rate £650 £800 £600
Average daily rate % change year-on-year
-18.75% +33.33%
UK excluding London average daily rate £300 £363 £488
% change year-on-year
-17.24% -25.64%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £33.50 - -
Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
105 296 328
As % of all contract IT jobs located in Canary Wharf 77.21% 81.54% 81.19%
Number of daily rates quoted 83 236 215
Average daily rate £475 £550 £550
Average daily rate % change year-on-year
-13.63% -
90% offered a daily rate of more than £315 £280 £400
10% offered a daily rate of more than £700 £651 £650
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 4 1 2
Average hourly rate £23.00 £17.50 £65.00
Average hourly rate % change year-on-year
+31.42% -73.07%
UK excluding London average hourly rate £31.50 £32.00 £26.50
% change year-on-year
-1.56% +20.75%
Stress Testing
London

Stress Testing
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Stress Testing across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Stress Testing Jobs Demand Trend in Canary Wharf

Stress Testing
Daily Rate Trend in Canary Wharf

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

Stress Testing Daily Rate Trend in Canary Wharf

Stress Testing
Top 3 Related IT Skills in Canary Wharf

For the 6 months to 24 April 2014, IT contractor jobs across the Canary Wharf region citing Stress Testing 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 Stress Testing.

1 1 (100.00%) Risk Management
1 1 (100.00%) Equities
1 1 (100.00%) Market Risk

Stress Testing
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 24 April 2014, IT contractor jobs across the Canary Wharf region citing Stress Testing 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 Stress Testing. Up to 20 skills are shown per category.

Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Risk Analyst
Miscellaneous
1 1 (100.00%) Equities
1 1 (100.00%) Market Risk
Processes & Methodologies
1 1 (100.00%) Risk Management