The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 29 January 2015 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
29 Jan 2015
Same period 2014 Same period 2013
Market Risk
Rank 151 109 128
Rank change year-on-year
-42 +19
Contract jobs citing Market Risk 35 93 67
As % of all contract IT jobs located in the City of London 0.71% 1.56% 1.17%
As % of the Miscellaneous category 1.87% 4.08% 3.17%
Number of daily rates quoted 31 85 56
Average daily rate
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£575 £600 £575
Average daily rate % change year-on-year
-4.16% +4.34%
90% offered a daily rate of more than £450 £500 £500
10% offered a daily rate of more than £685 £758 £610
UK excluding London average daily rate £400 £410 £363
% change year-on-year
-2.43% +13.10%
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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1873 2280 2115
As % of all contract IT jobs located in the City of London 37.78% 38.13% 36.78%
Number of daily rates quoted 1461 1661 1646
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.57% +3.70%
Number of hourly rates quoted 30 39 50
Average hourly rate £17.50 £20.00 £20.75
Average hourly rate % change year-on-year
-12.50% -3.61%
90% offered a hourly rate of more than £13.25 £16.50 £12.93
10% offered a hourly rate of more than £25.44 £42.50 £90.50
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

Market Risk
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the City of London region as a proportion of the total demand within the Miscellaneous category.

Market Risk Jobs Demand Trend in the City of London

Market Risk
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Market Risk across the City of London region.

Market Risk Daily Rate Trend in the City of London

Market Risk
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk across the City of London region over the 3 months to 29 January 2015.

Market Risk Daily Rate Histogram in the City of London

Market Risk
Hourly Rate Trend in the City of London

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

Market Risk Hourly Rate Trend in the City of London

Market Risk
Top 30 Related IT Skills in the City of London

For the 6 months to 29 January 2015, IT contractor jobs across the City of London 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 59 (59.60%) Banking
2 43 (43.43%) Investment Banking
3 32 (32.32%) Risk Management
4 31 (31.31%) Credit Risk
5 28 (28.28%) Finance
5 28 (28.28%) SQL
6 26 (26.26%) Java
6 26 (26.26%) Front Office
7 23 (23.23%) Agile Software Development
8 21 (21.21%) C#
9 20 (20.20%) Oracle
10 17 (17.17%) Business Analysis
11 14 (14.14%) .NET
12 13 (13.13%) Stress Testing
13 12 (12.12%) Spring
13 12 (12.12%) J2EE
14 11 (11.11%) Data Modelling
14 11 (11.11%) CruiseControl
14 11 (11.11%) Unit Testing
14 11 (11.11%) Continuous Integration
14 11 (11.11%) Oracle Database
14 11 (11.11%) Analytical Skills
15 10 (10.10%) Analytics
15 10 (10.10%) Maven
15 10 (10.10%) Derivative
15 10 (10.10%) Foreign Exchange (FX)
15 10 (10.10%) JDBC
15 10 (10.10%) MVC
16 9 (9.09%) Scrum
16 9 (9.09%) JUnit

Market Risk
Top Related IT Skills in the City of London by Category

For the 6 months to 29 January 2015, IT contractor jobs across the City of London 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 6 (6.06%) Oracle Coherence
2 1 (1.01%) SharePoint
2 1 (1.01%) Tomcat
Applications
1 6 (6.06%) MS Excel
2 5 (5.05%) MS Office
3 3 (3.03%) MS Visio
3 3 (3.03%) MS PowerPoint
3 3 (3.03%) Spreadsheet
4 1 (1.01%) MS Project
Business Applications
1 4 (4.04%) Summit
2 1 (1.01%) Endur
2 1 (1.01%) Markit EDM
Cloud Services
1 1 (1.01%) Cloud Computing
Communications & Networking
1 2 (2.02%) FTP
2 1 (1.01%) SSL
Database & Business Intelligence
1 11 (11.11%) Oracle Database
2 9 (9.09%) Big Data
2 9 (9.09%) Hadoop
3 8 (8.08%) SQL Server
4 5 (5.05%) SQL Server Integration Services
4 5 (5.05%) Relational Database
5 4 (4.04%) SQL Server Analysis Services
5 4 (4.04%) SQL Server Reporting Services
6 3 (3.03%) Data Warehouse
7 2 (2.02%) SQL Server 2008
7 2 (2.02%) QlikView
7 2 (2.02%) Data Mining
7 2 (2.02%) MS Access
7 2 (2.02%) RDBMS
8 1 (1.01%) OLAP
8 1 (1.01%) Data Mart
8 1 (1.01%) Oracle BI EE
8 1 (1.01%) Redis
8 1 (1.01%) MongoDB
Development Applications
1 11 (11.11%) CruiseControl
2 10 (10.10%) Maven
3 9 (9.09%) JUnit
4 6 (6.06%) TeamCity
4 6 (6.06%) Mockito
5 5 (5.05%) jMock
6 4 (4.04%) Subversion
7 3 (3.03%) Hudson
8 2 (2.02%) QuickTest Pro
9 1 (1.01%) ProC
9 1 (1.01%) Artifactory
9 1 (1.01%) Jenkins
General
1 59 (59.60%) Banking
2 43 (43.43%) Investment Banking
3 28 (28.28%) Finance
4 26 (26.26%) Front Office
5 6 (6.06%) Retail
6 3 (3.03%) Financial Institution
7 2 (2.02%) Advertising
8 1 (1.01%) Legal
8 1 (1.01%) Back Office
8 1 (1.01%) Retail Banking
8 1 (1.01%) Corporate Banking
Job Titles
1 38 (38.38%) Analyst
2 36 (36.36%) Developer
3 28 (28.28%) Business Analyst
4 18 (18.18%) Risk Analyst
5 14 (14.14%) Market Analyst
5 14 (14.14%) Market Risk Analyst
5 14 (14.14%) Java Developer
6 10 (10.10%) Market Risk Business Analyst
6 10 (10.10%) Project Manager
7 9 (9.09%) Senior Developer
7 9 (9.09%) Credit Risk Analyst
8 8 (8.08%) Senior Java Developer
9 7 (7.07%) IT Business Analyst
10 6 (6.06%) Credit Risk Business Analyst
10 6 (6.06%) Risk Manager
11 5 (5.05%) Credit Analyst
11 5 (5.05%) C# Developer
11 5 (5.05%) Senior Analyst
11 5 (5.05%) Software Engineer
12 4 (4.04%) Credit Risk Project Manager
Libraries, Frameworks & Software Standards
1 14 (14.14%) .NET
2 12 (12.12%) Spring
2 12 (12.12%) J2EE
3 10 (10.10%) JDBC
4 8 (8.08%) Spring MVC
5 7 (7.07%) WPF
6 5 (5.05%) Hibernate
6 5 (5.05%) JMS
6 5 (5.05%) Web Services
6 5 (5.05%) WCF
7 3 (3.03%) HTML
7 3 (3.03%) ASP.NET
7 3 (3.03%) HTML5
8 2 (2.02%) ASP.NET MVC
8 2 (2.02%) .NET Framework
9 1 (1.01%) JMX
9 1 (1.01%) STL
9 1 (1.01%) Swing
9 1 (1.01%) ActiveMQ
9 1 (1.01%) WF
Miscellaneous
1 31 (31.31%) Credit Risk
2 11 (11.11%) Analytical Skills
3 10 (10.10%) Derivative
3 10 (10.10%) Foreign Exchange (FX)
4 7 (7.07%) Equities
5 4 (4.04%) Computer Science
5 4 (4.04%) Management Information System
5 4 (4.04%) Grid Computing
5 4 (4.04%) Fixed Income
6 3 (3.03%) Mathematics
7 2 (2.02%) Equity Derivative
8 1 (1.01%) Statistics
8 1 (1.01%) Swaptions
8 1 (1.01%) Data Extraction
Operating Systems
1 4 (4.04%) Linux
2 3 (3.03%) Windows
3 2 (2.02%) UNIX
4 1 (1.01%) Solaris
Processes & Methodologies
1 32 (32.32%) Risk Management
2 23 (23.23%) Agile Software Development
3 17 (17.17%) Business Analysis
4 13 (13.13%) Stress Testing
5 11 (11.11%) Data Modelling
5 11 (11.11%) Unit Testing
5 11 (11.11%) Continuous Integration
6 10 (10.10%) Analytics
6 10 (10.10%) MVC
7 9 (9.09%) Scrum
7 9 (9.09%) Multithreading
8 8 (8.08%) User Acceptance Testing
8 8 (8.08%) Validation
8 8 (8.08%) Stakeholder Management
8 8 (8.08%) Project Management
9 7 (7.07%) OO
9 7 (7.07%) Monte Carlo Method
10 6 (6.06%) Software Engineering
10 6 (6.06%) Business Intelligence
11 5 (5.05%) Regression Testing
Programming Languages
1 28 (28.28%) SQL
2 26 (26.26%) Java
3 21 (21.21%) C#
4 7 (7.07%) VBA
5 5 (5.05%) Python
6 4 (4.04%) C++
6 4 (4.04%) JavaScript
7 3 (3.03%) PL/SQL
8 2 (2.02%) Scala
8 2 (2.02%) Korn
8 2 (2.02%) Perl
8 2 (2.02%) T-SQL
9 1 (1.01%) MATLAB
9 1 (1.01%) VBScript
9 1 (1.01%) VB
9 1 (1.01%) Bourne shell
Qualifications
1 6 (6.06%) Degree
2 2 (2.02%) Security Cleared
2 2 (2.02%) ISEB Practitioner
2 2 (2.02%) ISEB
2 2 (2.02%) PMP
2 2 (2.02%) PMI Certification
3 1 (1.01%) PhD
3 1 (1.01%) IIBA
Quality Assurance & Compliance
1 4 (4.04%) QA
2 1 (1.01%) Basel II
2 1 (1.01%) SLA
2 1 (1.01%) Basel III
2 1 (1.01%) EMIR
2 1 (1.01%) CRD IV
Systems Management
1 5 (5.05%) HP Quality Center
2 1 (1.01%) Control-M
Vendors
1 20 (20.20%) Oracle
2 5 (5.05%) Microsoft
3 4 (4.04%) Sybase
3 4 (4.04%) Murex
4 3 (3.03%) Bloomberg
5 2 (2.02%) Business Objects
5 2 (2.02%) Cognos
5 2 (2.02%) MicroStrategy
6 1 (1.01%) Misys
6 1 (1.01%) DataSynapse
City, London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 2 days ago
City of London
iKonnect
Rate: £600 - £700 per day
Posted: 8 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 16 days ago
City of London
Hays IT - Uk Posting account
Rate: £600.00 - £630.00 per day
Posted: 16 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £800.00 per day
Posted: 22 days ago