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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Market Risk
Rank 159 104 124
Rank change year-on-year
-55 +20
Contract jobs citing Market Risk 41 112 80
As % of all contract IT jobs located in the City of London 0.73% 1.65% 1.31%
As % of the Miscellaneous category 2.00% 4.33% 3.56%
Number of daily rates quoted 36 105 70
Average daily rate
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£575 £588 £550
Average daily rate % change year-on-year
-2.12% +6.81%
90% offered a daily rate of more than £463 £500 £450
10% offered a daily rate of more than £685 £715 £650
UK excluding London average daily rate £475 £450 £375
% change year-on-year
+5.55% +20.00%
Number of hourly rates quoted 1 0 0
Average hourly rate £10.50 - -
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
2049 2585 2246
As % of all contract IT jobs located in the City of London 36.32% 38.03% 36.64%
Number of daily rates quoted 1625 1913 1725
Average daily rate £475 £475 £485
Average daily rate % change year-on-year
- -2.06%
90% offered a daily rate of more than £287 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 25 43 60
Average hourly rate £16.25 £20.00 £21.50
Average hourly rate % change year-on-year
-18.75% -6.97%
90% offered a hourly rate of more than £13.09 £13.84 £12.95
10% offered a hourly rate of more than £22.03 £42.50 £66.10
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

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 19 December 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 19 December 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 70 (59.83%) Banking
2 51 (43.59%) Investment Banking
3 37 (31.62%) Risk Management
3 37 (31.62%) Credit Risk
4 35 (29.91%) Finance
5 33 (28.21%) Java
5 33 (28.21%) SQL
6 24 (20.51%) Front Office
6 24 (20.51%) C#
6 24 (20.51%) Agile Software Development
7 23 (19.66%) Oracle
8 21 (17.95%) Business Analysis
9 17 (14.53%) Spring
10 15 (12.82%) .NET
10 15 (12.82%) Oracle Database
11 14 (11.97%) SQL Server
11 14 (11.97%) Data Modelling
11 14 (11.97%) Maven
12 13 (11.11%) CruiseControl
12 13 (11.11%) Derivative
12 13 (11.11%) Unit Testing
12 13 (11.11%) Continuous Integration
12 13 (11.11%) J2EE
12 13 (11.11%) JUnit
12 13 (11.11%) MVC
13 12 (10.26%) Project Management
13 12 (10.26%) Foreign Exchange (FX)
13 12 (10.26%) JDBC
13 12 (10.26%) Multithreading
13 12 (10.26%) Stress Testing

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

For the 6 months to 19 December 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 4 (3.42%) Oracle Coherence
2 2 (1.71%) Elasticsearch
3 1 (0.85%) SharePoint
3 1 (0.85%) Tomcat
Applications
1 6 (5.13%) MS Excel
1 6 (5.13%) MS Office
2 3 (2.56%) MS Visio
3 2 (1.71%) Spreadsheet
3 2 (1.71%) MS PowerPoint
4 1 (0.85%) MS Project
Business Applications
1 3 (2.56%) Summit
2 1 (0.85%) Markit EDM
2 1 (0.85%) Endur
2 1 (0.85%) Adaptiv
Cloud Services
1 1 (0.85%) Cloud Computing
Communications & Networking
1 2 (1.71%) FTP
2 1 (0.85%) SAN
2 1 (0.85%) SSL
Database & Business Intelligence
1 15 (12.82%) Oracle Database
2 14 (11.97%) SQL Server
3 11 (9.40%) Big Data
4 10 (8.55%) Hadoop
5 5 (4.27%) SQL Server Integration Services
6 4 (3.42%) MongoDB
6 4 (3.42%) SQL Server Analysis Services
6 4 (3.42%) QlikView
6 4 (3.42%) SQL Server Reporting Services
6 4 (3.42%) Relational Database
7 3 (2.56%) Redis
7 3 (2.56%) OLAP
7 3 (2.56%) Apache Cassandra
7 3 (2.56%) NoSQL
8 2 (1.71%) SQL Server 2008
8 2 (1.71%) Oracle Database 11g
8 2 (1.71%) Data Warehouse
8 2 (1.71%) RDBMS
8 2 (1.71%) Oracle Database 10g
8 2 (1.71%) HBase
Development Applications
1 14 (11.97%) Maven
2 13 (11.11%) CruiseControl
2 13 (11.11%) JUnit
3 8 (6.84%) TeamCity
3 8 (6.84%) Mockito
4 7 (5.98%) Subversion
5 6 (5.13%) JIRA
6 4 (3.42%) jMock
7 3 (2.56%) Jenkins
7 3 (2.56%) Git (software)
7 3 (2.56%) Hudson
8 2 (1.71%) QuickTest Pro
8 2 (1.71%) Cucumber
9 1 (0.85%) Artifactory
9 1 (0.85%) ProC
9 1 (0.85%) Atlassian Bamboo
General
1 70 (59.83%) Banking
2 51 (43.59%) Investment Banking
3 35 (29.91%) Finance
4 24 (20.51%) Front Office
5 4 (3.42%) Retail
5 4 (3.42%) Advertising
5 4 (3.42%) Financial Institution
6 1 (0.85%) Back Office
6 1 (0.85%) Legal
6 1 (0.85%) Wholesale Banking
6 1 (0.85%) Corporate Banking
Job Titles
1 47 (40.17%) Developer
2 39 (33.33%) Analyst
3 30 (25.64%) Business Analyst
4 18 (15.38%) Risk Analyst
5 17 (14.53%) Java Developer
6 13 (11.11%) Market Analyst
6 13 (11.11%) Market Risk Analyst
6 13 (11.11%) Project Manager
7 12 (10.26%) Market Risk Business Analyst
8 7 (5.98%) C# Developer
8 7 (5.98%) Software Engineer
8 7 (5.98%) Senior Developer
8 7 (5.98%) Senior Java Developer
8 7 (5.98%) IT Business Analyst
8 7 (5.98%) Credit Risk Analyst
9 6 (5.13%) Risk Manager
9 6 (5.13%) Credit Risk Business Analyst
10 5 (4.27%) Credit Analyst
11 4 (3.42%) Credit Risk Project Manager
11 4 (3.42%) Business Project Manager
Libraries, Frameworks & Software Standards
1 17 (14.53%) Spring
2 15 (12.82%) .NET
3 13 (11.11%) J2EE
4 12 (10.26%) JDBC
5 10 (8.55%) Spring MVC
6 7 (5.98%) Hibernate
6 7 (5.98%) Web Services
6 7 (5.98%) WPF
7 6 (5.13%) ActiveMQ
8 4 (3.42%) HTML5
8 4 (3.42%) WCF
8 4 (3.42%) ASP.NET
8 4 (3.42%) HTML
8 4 (3.42%) JMS
9 3 (2.56%) ASP.NET MVC
10 2 (1.71%) .NET Framework
10 2 (1.71%) Middleware
10 2 (1.71%) STL
10 2 (1.71%) Kafka
10 2 (1.71%) Apache Camel
Miscellaneous
1 37 (31.62%) Credit Risk
2 13 (11.11%) Derivative
3 12 (10.26%) Foreign Exchange (FX)
3 12 (10.26%) Analytical Skills
4 7 (5.98%) Equities
5 6 (5.13%) Fixed Income
6 4 (3.42%) Mathematics
6 4 (3.42%) Computer Science
6 4 (3.42%) Grid Computing
7 2 (1.71%) Hedge funds
7 2 (1.71%) Equity Derivative
7 2 (1.71%) Management Information System
7 2 (1.71%) PMI
7 2 (1.71%) User Experience
8 1 (0.85%) Statistics
8 1 (0.85%) Swaptions
8 1 (0.85%) Data Extraction
Operating Systems
1 6 (5.13%) Windows
2 4 (3.42%) Linux
3 2 (1.71%) UNIX
4 1 (0.85%) Solaris
Processes & Methodologies
1 37 (31.62%) Risk Management
2 24 (20.51%) Agile Software Development
3 21 (17.95%) Business Analysis
4 14 (11.97%) Data Modelling
5 13 (11.11%) Unit Testing
5 13 (11.11%) Continuous Integration
5 13 (11.11%) MVC
6 12 (10.26%) Project Management
6 12 (10.26%) Multithreading
6 12 (10.26%) Stress Testing
7 11 (9.40%) OO
7 11 (9.40%) Scrum
8 10 (8.55%) Analytics
9 9 (7.69%) User Acceptance Testing
9 9 (7.69%) Software Engineering
10 8 (6.84%) TDD
10 8 (6.84%) Stakeholder Management
10 8 (6.84%) Validation
11 7 (5.98%) ETL
11 7 (5.98%) Low Latency
Programming Languages
1 33 (28.21%) Java
1 33 (28.21%) SQL
2 24 (20.51%) C#
3 7 (5.98%) VBA
3 7 (5.98%) C++
3 7 (5.98%) Python
4 6 (5.13%) PL/SQL
5 3 (2.56%) JavaScript
6 2 (1.71%) PowerShell
6 2 (1.71%) Korn
6 2 (1.71%) Perl
6 2 (1.71%) T-SQL
7 1 (0.85%) VBScript
7 1 (0.85%) VB
7 1 (0.85%) MATLAB
7 1 (0.85%) Scala
7 1 (0.85%) Bourne shell
Qualifications
1 7 (5.98%) Degree
2 4 (3.42%) PMI Certification
3 2 (1.71%) ISEB Practitioner
3 2 (1.71%) PMP
3 2 (1.71%) ISEB
4 1 (0.85%) PhD
4 1 (0.85%) Security Cleared
Quality Assurance & Compliance
1 6 (5.13%) QA
2 2 (1.71%) Basel III
2 2 (1.71%) Basel II
3 1 (0.85%) EMIR
3 1 (0.85%) CRD IV
3 1 (0.85%) SLA
System Software
1 2 (1.71%) HDFS
2 1 (0.85%) Active Directory
Systems Management
1 8 (6.84%) HP Quality Center
2 2 (1.71%) Puppet
2 2 (1.71%) Opscode Chef
2 2 (1.71%) Hadoop YARN
3 1 (0.85%) Control-M
Vendors
1 23 (19.66%) Oracle
2 6 (5.13%) Sybase
3 4 (3.42%) Microsoft
4 3 (2.56%) Murex
5 2 (1.71%) MicroStrategy
5 2 (1.71%) Bloomberg
5 2 (1.71%) Business Objects
5 2 (1.71%) Cognos
6 1 (0.85%) Citrix
6 1 (0.85%) Misys
6 1 (0.85%) SunGard
City of London
Hays IT - Uk Posting account
Rate: £750.00 - £800.00 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £300 - £450 per day
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 9 days ago
City of London
Huxley Banking & Financial Services
Rate: £550 - £600 per day + competitive
Posted: 16 days ago
City of London
Orgtel
Rate: £300 - £600 per day
Posted: 23 days ago
City of London
Interquest - ITQ Financial - London
Rate: £600 per day
Posted: 27 days ago