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 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Market Risk
Rank 119 112 90
Rank change year-on-year
-7 -22
Contract jobs citing Market Risk 82 124 160
As % of all contract IT jobs located in the City of London 1.39% 1.71% 2.05%
As % of the Miscellaneous category 4.68% 5.26% 6.36%
Number of daily rates quoted 68 96 132
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £550
90% offered a daily rate of more than £450 £450 £475
10% offered a daily rate of more than £650 £650 £673
UK excluding London average daily rate £425 £555 £525
% change year-on-year
-23.42% +5.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £85.00 £72.50
% change year-on-year
- +17.24%
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
1752 2359 2514
As % of all contract IT jobs located in the City of London 29.77% 32.54% 32.15%
Number of daily rates quoted 1229 1716 1903
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £643 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 42 60 57
Average hourly rate £17.68 £19.75 £19.75
Average hourly rate % change year-on-year
-10.46% -
90% offered a hourly rate of more than £12.50 £14.50 £12.20
10% offered a hourly rate of more than £33.05 £46.00 £32.58
UK excluding London average hourly rate £18.88 £17.50 £29.00
% change year-on-year
+7.85% -39.65%

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 21 August 2014.

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 21 August 2014, 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 86 (63.70%) Banking
2 67 (49.63%) Investment Banking
3 52 (38.52%) SQL
4 48 (35.56%) Finance
4 48 (35.56%) Credit Risk
5 36 (26.67%) Risk Management
6 35 (25.93%) Java
7 28 (20.74%) Business Analysis
8 26 (19.26%) Front Office
9 25 (18.52%) C#
10 24 (17.78%) SQL Server
10 24 (17.78%) Spring
11 22 (16.30%) Multithreading
12 21 (15.56%) Oracle
13 20 (14.81%) Maven
14 19 (14.07%) Agile Software Development
15 18 (13.33%) JUnit
15 18 (13.33%) Continuous Integration
16 17 (12.59%) .NET
17 16 (11.85%) Project Management
17 16 (11.85%) MVC
17 16 (11.85%) Derivative
18 15 (11.11%) Unit Testing
19 14 (10.37%) J2EE
19 14 (10.37%) Oracle Database
20 13 (9.63%) JDBC
20 13 (9.63%) Data Modelling
20 13 (9.63%) Scrum
21 12 (8.89%) CruiseControl
21 12 (8.89%) Spring MVC

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

For the 6 months to 21 August 2014, 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 5 (3.70%) Oracle Coherence
2 2 (1.48%) Node.js
2 2 (1.48%) Elasticsearch
3 1 (0.74%) GemFire
Applications
1 7 (5.19%) MS Excel
2 4 (2.96%) MS Office
3 1 (0.74%) MS Project
3 1 (0.74%) MS Visio
3 1 (0.74%) Spreadsheet
Business Applications
1 3 (2.22%) Adaptiv
2 1 (0.74%) Markit EDM
Cloud Services
1 1 (0.74%) SaaS
Communications & Networking
1 1 (0.74%) SAN
Database & Business Intelligence
1 24 (17.78%) SQL Server
2 14 (10.37%) Oracle Database
3 9 (6.67%) SQL Server Analysis Services
4 8 (5.93%) SQL Server Integration Services
5 7 (5.19%) Data Warehouse
5 7 (5.19%) SQL Server Reporting Services
6 5 (3.70%) SQL Server 2008
7 4 (2.96%) OLAP
7 4 (2.96%) MongoDB
8 3 (2.22%) Apache Cassandra
8 3 (2.22%) NoSQL
8 3 (2.22%) QlikView
8 3 (2.22%) Hadoop
8 3 (2.22%) Big Data
8 3 (2.22%) Relational Database
9 2 (1.48%) Oracle Database 11g
9 2 (1.48%) HBase
9 2 (1.48%) Redis
9 2 (1.48%) Oracle Database 10g
10 1 (0.74%) Microsoft Analysis Services
Development Applications
1 20 (14.81%) Maven
2 18 (13.33%) JUnit
3 12 (8.89%) CruiseControl
4 10 (7.41%) TeamCity
5 9 (6.67%) Mockito
5 9 (6.67%) JIRA
6 5 (3.70%) Subversion
7 4 (2.96%) jMock
7 4 (2.96%) Git (software)
7 4 (2.96%) Jenkins
8 3 (2.22%) Hudson
9 2 (1.48%) Jasmine
9 2 (1.48%) Grunt
9 2 (1.48%) Mocha
9 2 (1.48%) Cucumber
10 1 (0.74%) Gradle
10 1 (0.74%) Atlassian Bamboo
10 1 (0.74%) Selenium
10 1 (0.74%) QuickTest Pro
10 1 (0.74%) ERwin
General
1 86 (63.70%) Banking
2 67 (49.63%) Investment Banking
3 48 (35.56%) Finance
4 26 (19.26%) Front Office
5 6 (4.44%) Advertising
6 4 (2.96%) Financial Institution
6 4 (2.96%) Back Office
7 1 (0.74%) Legal
7 1 (0.74%) Wholesale Banking
7 1 (0.74%) Corporate Banking
Job Titles
1 56 (41.48%) Developer
2 47 (34.81%) Analyst
3 34 (25.19%) Business Analyst
4 18 (13.33%) Market Risk Analyst
4 18 (13.33%) Market Risk Business Analyst
5 17 (12.59%) Java Developer
6 16 (11.85%) Project Manager
7 13 (9.63%) Risk Analyst
8 10 (7.41%) Market Analyst
9 9 (6.67%) Software Engineer
9 9 (6.67%) C# Developer
10 5 (3.70%) Test Analyst
10 5 (3.70%) Senior Developer
10 5 (3.70%) Credit Risk Analyst
10 5 (3.70%) Credit Risk Business Analyst
10 5 (3.70%) SQL Developer
11 4 (2.96%) Senior Analyst
11 4 (2.96%) Risk Manager
11 4 (2.96%) IT Business Analyst
11 4 (2.96%) Support Analyst
Libraries, Frameworks & Software Standards
1 24 (17.78%) Spring
2 17 (12.59%) .NET
3 14 (10.37%) J2EE
4 13 (9.63%) JDBC
5 12 (8.89%) Spring MVC
6 11 (8.15%) Web Services
7 9 (6.67%) Hibernate
8 6 (4.44%) ActiveMQ
8 6 (4.44%) HTML5
8 6 (4.44%) ASP.NET
8 6 (4.44%) HTML
9 4 (2.96%) XML
9 4 (2.96%) LINQ
10 3 (2.22%) WCF
10 3 (2.22%) ASP.NET MVC
10 3 (2.22%) STL
10 3 (2.22%) JMS
11 2 (1.48%) Middleware
11 2 (1.48%) XHTML
11 2 (1.48%) Ajax
Miscellaneous
1 48 (35.56%) Credit Risk
2 16 (11.85%) Derivative
3 8 (5.93%) Foreign Exchange (FX)
4 7 (5.19%) Fixed Income
4 7 (5.19%) Computer Science
5 5 (3.70%) Grid Computing
6 4 (2.96%) Mathematics
7 3 (2.22%) Hedge funds
7 3 (2.22%) Equities
7 3 (2.22%) Equity Derivative
8 2 (1.48%) PMI
8 2 (1.48%) iSeries
9 1 (0.74%) iPad
9 1 (0.74%) Physics
9 1 (0.74%) Wiki
9 1 (0.74%) Statistics
9 1 (0.74%) Interest Rate Derivative
9 1 (0.74%) Economics
Operating Systems
1 7 (5.19%) Windows
2 4 (2.96%) Linux
3 2 (1.48%) UNIX
Processes & Methodologies
1 36 (26.67%) Risk Management
2 28 (20.74%) Business Analysis
3 22 (16.30%) Multithreading
4 19 (14.07%) Agile Software Development
5 18 (13.33%) Continuous Integration
6 16 (11.85%) Project Management
6 16 (11.85%) MVC
7 15 (11.11%) Unit Testing
8 13 (9.63%) Data Modelling
8 13 (9.63%) Scrum
9 11 (8.15%) Software Engineering
10 10 (7.41%) TDD
10 10 (7.41%) OO
11 9 (6.67%) Analytics
11 9 (6.67%) Low Latency
12 8 (5.93%) User Acceptance Testing
12 8 (5.93%) ETL
13 7 (5.19%) Stakeholder Management
14 6 (4.44%) Business Intelligence
14 6 (4.44%) Greeks
Programming Languages
1 52 (38.52%) SQL
2 35 (25.93%) Java
3 25 (18.52%) C#
4 10 (7.41%) VBA
5 9 (6.67%) C++
6 7 (5.19%) PL/SQL
6 7 (5.19%) Python
7 5 (3.70%) T-SQL
8 4 (2.96%) JavaScript
9 2 (1.48%) RPG
9 2 (1.48%) VB.NET
9 2 (1.48%) PowerShell
10 1 (0.74%) Groovy
10 1 (0.74%) VBScript
10 1 (0.74%) Perl
Qualifications
1 9 (6.67%) Degree
2 3 (2.22%) PMI Certification
3 1 (0.74%) ISEB
3 1 (0.74%) PRINCE2 Certification
3 1 (0.74%) PMP
Quality Assurance & Compliance
1 9 (6.67%) QA
2 8 (5.93%) Basel III
3 4 (2.96%) Basel II
4 1 (0.74%) ISO 9001
4 1 (0.74%) EMIR
4 1 (0.74%) CRD IV
4 1 (0.74%) Dodd-Frank
4 1 (0.74%) AIFMD
System Software
1 2 (1.48%) HDFS
2 1 (0.74%) Active Directory
2 1 (0.74%) Platform Symphony
Systems Management
1 3 (2.22%) Control-M
1 3 (2.22%) HP Quality Center
2 2 (1.48%) Puppet
2 2 (1.48%) Opscode Chef
Vendors
1 21 (15.56%) Oracle
2 7 (5.19%) Sybase
2 7 (5.19%) Microsoft
3 5 (3.70%) Business Objects
4 3 (2.22%) SunGard
4 3 (2.22%) Bloomberg
5 2 (1.48%) MicroStrategy
6 1 (0.74%) Perforce
6 1 (0.74%) Brady
6 1 (0.74%) DataSynapse
6 1 (0.74%) Citrix
6 1 (0.74%) Murex
6 1 (0.74%) Calypso
6 1 (0.74%) Cognos
City of London
Huxley Associates
Rate: £450 - £500 per day + competitive
Posted: 7 hours ago
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 23 hours ago
City, London
Hydrogen Group
Rate: £400.00 - £450.00 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £500 - £700 per day
Posted: Yesterday
City, London
Experis Ltd
Rate: £500.00 - £501.00 per day
Posted: 2 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £500.00 per annum
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: 3 days ago
City, London
Marcus Donald People
Rate: £550-650 Daily
Posted: 3 days ago
City, London
Pioneer Search
Rate: £500 - £550 per day
Posted: 6 days ago
City of London
esynergy Solutions - UK
Rate: £350 - £400 per day
Posted: 9 days ago
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: 20 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 27 days ago