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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Market Risk
Rank 139 126 107
Rank change year-on-year
-13 -19
Contract jobs citing Market Risk 63 68 111
As % of all contract IT jobs located in the City of London 1.08% 1.18% 1.60%
As % of the Miscellaneous category 2.89% 3.15% 4.22%
Number of daily rates quoted 59 58 73
Average daily rate
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£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £408 £443 £455
10% offered a daily rate of more than £650 £633 £625
UK excluding London average daily rate £538 £522 £575
% change year-on-year
+2.96% -9.21%
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
2182 2157 2632
As % of all contract IT jobs located in the City of London 37.40% 37.47% 37.94%
Number of daily rates quoted 1739 1604 1979
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 39 28 63
Average hourly rate £21.00 £20.44 £22.25
Average hourly rate % change year-on-year
+2.75% -8.14%
90% offered a hourly rate of more than £14.50 £12.65 £15.50
10% offered a hourly rate of more than £55.70 £29.75 £53.75
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

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 3 July 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 3 July 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 (57.84%) Finance
2 53 (51.96%) Banking
3 44 (43.14%) Investment Banking
4 39 (38.24%) Credit Risk
5 32 (31.37%) Risk Management
6 31 (30.39%) SQL
7 30 (29.41%) Java
8 24 (23.53%) Agile Software Development
9 22 (21.57%) Front Office
10 18 (17.65%) Business Analysis
11 16 (15.69%) C#
12 15 (14.71%) SQL Server
12 15 (14.71%) Stress Testing
13 14 (13.73%) VBA
14 12 (11.76%) C++
14 12 (11.76%) OO
14 12 (11.76%) Monte Carlo Method
15 11 (10.78%) Microsoft
15 11 (10.78%) .NET
15 11 (10.78%) TDD
16 10 (9.80%) Spring
17 9 (8.82%) User Acceptance Testing
17 9 (8.82%) SDLC
17 9 (8.82%) Oracle
17 9 (8.82%) Linux
17 9 (8.82%) Python
17 9 (8.82%) Project Management
18 8 (7.84%) Data Management
18 8 (7.84%) Subversion
18 8 (7.84%) Multithreading

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

For the 6 months to 3 July 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 7 (6.86%) Oracle Coherence
2 2 (1.96%) JBoss
2 2 (1.96%) SharePoint
3 1 (0.98%) GemFire
3 1 (0.98%) Apache Spark
Applications
1 7 (6.86%) MS Excel
2 5 (4.90%) MS Visio
2 5 (4.90%) MS Office
3 4 (3.92%) Spreadsheet
4 3 (2.94%) MS PowerPoint
Business Applications
1 1 (0.98%) Summit
Database & Business Intelligence
1 15 (14.71%) SQL Server
2 6 (5.88%) MS Access
3 5 (4.90%) Data Warehouse
3 5 (4.90%) SQL Server Analysis Services
3 5 (4.90%) Hadoop
3 5 (4.90%) Big Data
4 4 (3.92%) Relational Database
5 3 (2.94%) SQL Server Integration Services
5 3 (2.94%) OLAP
5 3 (2.94%) Oracle Database
6 2 (1.96%) Microsoft Analysis Services
6 2 (1.96%) Data Mining
6 2 (1.96%) SQL Server 2012
6 2 (1.96%) Hazelcast
7 1 (0.98%) OLAP Cube
7 1 (0.98%) Oracle OLAP
7 1 (0.98%) Oracle Database 11g
7 1 (0.98%) NoSQL
7 1 (0.98%) RDBMS
7 1 (0.98%) Oracle Database 10g
Development Applications
1 8 (7.84%) Subversion
1 8 (7.84%) Maven
2 6 (5.88%) JUnit
3 3 (2.94%) Cucumber
4 2 (1.96%) jMock
4 2 (1.96%) Team Foundation Server
4 2 (1.96%) Mockito
4 2 (1.96%) ERwin
4 2 (1.96%) JIRA
5 1 (0.98%) Selenium
5 1 (0.98%) NUnit
5 1 (0.98%) CruiseControl
5 1 (0.98%) ClearCase
5 1 (0.98%) SpecFlow
General
1 59 (57.84%) Finance
2 53 (51.96%) Banking
3 44 (43.14%) Investment Banking
4 22 (21.57%) Front Office
5 5 (4.90%) Back Office
5 5 (4.90%) Financial Institution
6 3 (2.94%) Legal
7 2 (1.96%) Retail
8 1 (0.98%) Retail Banking
8 1 (0.98%) Corporate Banking
8 1 (0.98%) Telecoms
Job Titles
1 40 (39.22%) Developer
1 40 (39.22%) Analyst
2 31 (30.39%) Business Analyst
3 18 (17.65%) Senior Developer
4 16 (15.69%) Java Developer
5 15 (14.71%) Market Risk Analyst
6 12 (11.76%) Project Manager
7 11 (10.78%) Risk Analyst
8 10 (9.80%) Market Analyst
9 9 (8.82%) Market Risk Business Analyst
10 8 (7.84%) Senior Java Developer
11 7 (6.86%) Risk Manager
11 7 (6.86%) Senior Analyst
12 5 (4.90%) Python Developer
12 5 (4.90%) Banking Business Analyst
12 5 (4.90%) Credit Risk Analyst
13 4 (3.92%) Credit Risk Project Manager
13 4 (3.92%) Scala Developer
13 4 (3.92%) Senior Python Developer
13 4 (3.92%) Architect
Libraries, Frameworks & Software Standards
1 11 (10.78%) .NET
2 10 (9.80%) Spring
3 6 (5.88%) J2EE
3 6 (5.88%) XML
4 4 (3.92%) ASP.NET
4 4 (3.92%) JMS
4 4 (3.92%) MDX
4 4 (3.92%) SciPy
4 4 (3.92%) NumPy
5 3 (2.94%) ActiveMQ
5 3 (2.94%) HTML5
5 3 (2.94%) Akka
5 3 (2.94%) HTML
5 3 (2.94%) Web Services
6 2 (1.96%) WPF
6 2 (1.96%) XBRL
7 1 (0.98%) Hibernate
7 1 (0.98%) .NET Framework
7 1 (0.98%) Castor
7 1 (0.98%) Spring MVC
Miscellaneous
1 39 (38.24%) Credit Risk
2 7 (6.86%) Analytical Skills
3 6 (5.88%) Grid Computing
4 5 (4.90%) Management Information System
5 4 (3.92%) Derivative
5 4 (3.92%) Foreign Exchange (FX)
6 3 (2.94%) Equities
6 3 (2.94%) Fixed Income
7 2 (1.96%) Credit Derivative
7 2 (1.96%) Computer Science
7 2 (1.96%) Taxonomies
7 2 (1.96%) Mathematics
7 2 (1.96%) Visualisation
8 1 (0.98%) User Experience
8 1 (0.98%) Data Extraction
8 1 (0.98%) Physics
8 1 (0.98%) Equity Derivative
8 1 (0.98%) N-Tier
8 1 (0.98%) PMI
Operating Systems
1 9 (8.82%) Linux
2 7 (6.86%) UNIX
3 6 (5.88%) Windows
Processes & Methodologies
1 32 (31.37%) Risk Management
2 24 (23.53%) Agile Software Development
3 18 (17.65%) Business Analysis
4 15 (14.71%) Stress Testing
5 12 (11.76%) Monte Carlo Method
5 12 (11.76%) OO
6 11 (10.78%) TDD
7 9 (8.82%) Project Management
7 9 (8.82%) User Acceptance Testing
7 9 (8.82%) SDLC
8 8 (7.84%) Multithreading
8 8 (7.84%) Data Management
9 7 (6.86%) Scrum
9 7 (6.86%) Regression Testing
10 6 (5.88%) Data Modelling
10 6 (5.88%) Analytics
10 6 (5.88%) Continuous Integration
11 5 (4.90%) BDD
11 5 (4.90%) Business Intelligence
11 5 (4.90%) Migration
Programming Languages
1 31 (30.39%) SQL
2 30 (29.41%) Java
3 16 (15.69%) C#
4 14 (13.73%) VBA
5 12 (11.76%) C++
6 9 (8.82%) Python
7 6 (5.88%) Perl
8 5 (4.90%) C
9 4 (3.92%) Scala
10 2 (1.96%) PHP
10 2 (1.96%) T-SQL
11 1 (0.98%) VB.NET
11 1 (0.98%) JavaScript
11 1 (0.98%) R
11 1 (0.98%) Shell Script
11 1 (0.98%) MATLAB
11 1 (0.98%) Korn
11 1 (0.98%) XPath
Qualifications
1 4 (3.92%) Degree
2 2 (1.96%) PMI Certification
3 1 (0.98%) Security Cleared
3 1 (0.98%) IIBA
3 1 (0.98%) PRINCE2 Certification
3 1 (0.98%) PMP
Quality Assurance & Compliance
1 4 (3.92%) Basel III
2 2 (1.96%) Data Quality
2 2 (1.96%) COREP
2 2 (1.96%) FINREP
3 1 (0.98%) Basel II
3 1 (0.98%) QA
System Software
1 1 (0.98%) GridGain
Systems Management
1 2 (1.96%) HP Quality Center
2 1 (0.98%) Control-M
Vendors
1 11 (10.78%) Microsoft
2 9 (8.82%) Oracle
3 4 (3.92%) Sybase
4 1 (0.98%) Business Objects
4 1 (0.98%) Murex
4 1 (0.98%) Bloomberg
4 1 (0.98%) DataSynapse
4 1 (0.98%) Tableau
City, London
Bridge Noble
Rate: £400 - £425 per day
Posted: 3 days ago
City of London
Templeton and Partners - SAP & UK Account
Rate: £400 - 450 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 5 days ago
City, London
Oscar Associates (UK) Ltd
Rate: £275 - £325 per day
Posted: 5 days ago
City of London
Huxley Banking & Financial Services
Rate: £650 - £750 per day + competitive
Posted: 17 days ago
City of London
iKonnect
Rate: £550 - £610 per day
Posted: 18 days ago
City of London
Deerfoot IT
Rate: £600 - £650 per day
Posted: 25 days ago