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 23 October 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
23 Oct 2014
Same period 2013 Same period 2012
Market Risk
Rank 139 131 93
Rank change year-on-year
-8 -38
Contract jobs citing Market Risk 66 96 139
As % of all contract IT jobs located in the City of London 1.10% 1.34% 1.97%
As % of the Miscellaneous category 3.19% 3.53% 5.19%
Number of daily rates quoted 56 88 120
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £550 £550
90% offered a daily rate of more than £450 £450 £450
10% offered a daily rate of more than £650 £613 £675
UK excluding London average daily rate £463 £575 £475
% change year-on-year
-19.56% +21.05%
Number of hourly rates quoted 1 0 0
Average hourly rate £10.50 - -
UK excluding London average hourly rate - £85.00 -
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
2067 2723 2679
As % of all contract IT jobs located in the City of London 34.52% 37.98% 38.00%
Number of daily rates quoted 1564 2057 1978
Average daily rate £470 £475 £499
Average daily rate % change year-on-year
-1.05% -4.76%
90% offered a daily rate of more than £285 £300 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.14% -
Number of hourly rates quoted 35 52 66
Average hourly rate £16.00 £19.50 £22.50
Average hourly rate % change year-on-year
-17.94% -13.33%
90% offered a hourly rate of more than £10.50 £13.50 £12.90
10% offered a hourly rate of more than £22.00 £32.75 £41.20
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

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 23 October 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 23 October 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 93 (65.03%) Banking
2 70 (48.95%) Investment Banking
3 53 (37.06%) Credit Risk
4 44 (30.77%) Risk Management
4 44 (30.77%) SQL
5 43 (30.07%) Finance
6 41 (28.67%) Java
7 33 (23.08%) Agile Software Development
8 30 (20.98%) Business Analysis
9 29 (20.28%) Oracle
10 28 (19.58%) Spring
11 26 (18.18%) Front Office
12 24 (16.78%) C#
13 22 (15.38%) Multithreading
14 21 (14.69%) Maven
15 20 (13.99%) SQL Server
16 19 (13.29%) Continuous Integration
17 18 (12.59%) MVC
17 18 (12.59%) JUnit
17 18 (12.59%) Data Modelling
17 18 (12.59%) Oracle Database
18 17 (11.89%) Unit Testing
18 17 (11.89%) CruiseControl
19 16 (11.19%) JDBC
19 16 (11.19%) .NET
19 16 (11.19%) J2EE
20 14 (9.79%) Spring MVC
21 13 (9.09%) Scrum
21 13 (9.09%) Derivative
22 12 (8.39%) Software Engineering

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

For the 6 months to 23 October 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 6 (4.20%) Oracle Coherence
2 2 (1.40%) Node.js
2 2 (1.40%) Elasticsearch
3 1 (0.70%) GemFire
3 1 (0.70%) SharePoint
Applications
1 5 (3.50%) MS Excel
2 4 (2.80%) MS Office
3 2 (1.40%) Spreadsheet
3 2 (1.40%) MS Visio
4 1 (0.70%) MS Project
4 1 (0.70%) MS PowerPoint
Business Applications
1 3 (2.10%) Adaptiv
2 2 (1.40%) Summit
3 1 (0.70%) Markit EDM
3 1 (0.70%) Endur
Communications & Networking
1 1 (0.70%) SAN
1 1 (0.70%) SSL
Database & Business Intelligence
1 20 (13.99%) SQL Server
2 18 (12.59%) Oracle Database
3 6 (4.20%) SQL Server Integration Services
4 5 (3.50%) Big Data
4 5 (3.50%) Hadoop
4 5 (3.50%) SQL Server Analysis Services
5 4 (2.80%) SQL Server Reporting Services
5 4 (2.80%) QlikView
5 4 (2.80%) Data Warehouse
5 4 (2.80%) MongoDB
6 3 (2.10%) Relational Database
6 3 (2.10%) Apache Cassandra
6 3 (2.10%) NoSQL
6 3 (2.10%) OLAP
6 3 (2.10%) SQL Server 2008
7 2 (1.40%) Oracle Database 11g
7 2 (1.40%) Oracle Database 10g
7 2 (1.40%) HBase
7 2 (1.40%) Redis
8 1 (0.70%) Hazelcast
Development Applications
1 21 (14.69%) Maven
2 18 (12.59%) JUnit
3 17 (11.89%) CruiseControl
4 11 (7.69%) TeamCity
4 11 (7.69%) Mockito
5 8 (5.59%) Subversion
6 7 (4.90%) JIRA
7 5 (3.50%) jMock
8 4 (2.80%) Git (software)
8 4 (2.80%) Hudson
8 4 (2.80%) Jenkins
9 2 (1.40%) Mocha
9 2 (1.40%) QuickTest Pro
9 2 (1.40%) Cucumber
9 2 (1.40%) Jasmine
9 2 (1.40%) Grunt
10 1 (0.70%) Gradle
10 1 (0.70%) ProC
10 1 (0.70%) ERwin
10 1 (0.70%) Atlassian Bamboo
General
1 93 (65.03%) Banking
2 70 (48.95%) Investment Banking
3 43 (30.07%) Finance
4 26 (18.18%) Front Office
5 7 (4.90%) Advertising
6 5 (3.50%) Financial Institution
7 3 (2.10%) Back Office
8 2 (1.40%) Retail
9 1 (0.70%) Legal
9 1 (0.70%) Wholesale Banking
9 1 (0.70%) Corporate Banking
Job Titles
1 59 (41.26%) Developer
2 50 (34.97%) Analyst
3 36 (25.17%) Business Analyst
4 19 (13.29%) Market Risk Analyst
4 19 (13.29%) Java Developer
4 19 (13.29%) Risk Analyst
5 18 (12.59%) Market Risk Business Analyst
6 15 (10.49%) Market Analyst
7 14 (9.79%) Project Manager
8 10 (6.99%) Software Engineer
9 8 (5.59%) Credit Risk Analyst
10 7 (4.90%) Credit Risk Business Analyst
11 6 (4.20%) C# Developer
11 6 (4.20%) Senior Developer
12 5 (3.50%) Support Analyst
12 5 (3.50%) Credit Risk Project Manager
12 5 (3.50%) IT Business Analyst
12 5 (3.50%) Credit Analyst
12 5 (3.50%) Risk Manager
13 4 (2.80%) Senior Analyst
Libraries, Frameworks & Software Standards
1 28 (19.58%) Spring
2 16 (11.19%) JDBC
2 16 (11.19%) .NET
2 16 (11.19%) J2EE
3 14 (9.79%) Spring MVC
4 12 (8.39%) Web Services
5 10 (6.99%) Hibernate
6 6 (4.20%) ActiveMQ
6 6 (4.20%) HTML5
6 6 (4.20%) HTML
6 6 (4.20%) ASP.NET
7 5 (3.50%) JMS
8 4 (2.80%) .NET Framework
8 4 (2.80%) WPF
9 3 (2.10%) XML
9 3 (2.10%) STL
9 3 (2.10%) ASP.NET MVC
9 3 (2.10%) WCF
10 2 (1.40%) Ajax
10 2 (1.40%) JSON
Miscellaneous
1 53 (37.06%) Credit Risk
2 13 (9.09%) Derivative
3 12 (8.39%) Foreign Exchange (FX)
4 10 (6.99%) Analytical Skills
5 7 (4.90%) Computer Science
6 6 (4.20%) Fixed Income
6 6 (4.20%) Grid Computing
7 5 (3.50%) Mathematics
7 5 (3.50%) Equities
8 3 (2.10%) User Experience
8 3 (2.10%) Data Structures
8 3 (2.10%) Hedge funds
9 2 (1.40%) Equity Derivative
9 2 (1.40%) iSeries
9 2 (1.40%) PMI
10 1 (0.70%) Management Information System
10 1 (0.70%) Data Extraction
10 1 (0.70%) Physics
10 1 (0.70%) Wiki
10 1 (0.70%) Swaptions
Operating Systems
1 8 (5.59%) Windows
2 5 (3.50%) Linux
3 4 (2.80%) UNIX
4 1 (0.70%) Solaris
Processes & Methodologies
1 44 (30.77%) Risk Management
2 33 (23.08%) Agile Software Development
3 30 (20.98%) Business Analysis
4 22 (15.38%) Multithreading
5 19 (13.29%) Continuous Integration
6 18 (12.59%) MVC
6 18 (12.59%) Data Modelling
7 17 (11.89%) Unit Testing
8 13 (9.09%) Scrum
9 12 (8.39%) Software Engineering
9 12 (8.39%) Project Management
10 11 (7.69%) User Acceptance Testing
11 10 (6.99%) Stress Testing
11 10 (6.99%) OO
11 10 (6.99%) Low Latency
12 9 (6.29%) TDD
13 8 (5.59%) Stakeholder Management
13 8 (5.59%) Analytics
14 7 (4.90%) ETL
14 7 (4.90%) Business Intelligence
Programming Languages
1 44 (30.77%) SQL
2 41 (28.67%) Java
3 24 (16.78%) C#
4 10 (6.99%) C++
5 9 (6.29%) VBA
6 7 (4.90%) PL/SQL
7 5 (3.50%) Python
8 4 (2.80%) JavaScript
9 3 (2.10%) T-SQL
10 2 (1.40%) Korn
10 2 (1.40%) PowerShell
10 2 (1.40%) RPG
10 2 (1.40%) Perl
11 1 (0.70%) VBScript
11 1 (0.70%) VB
11 1 (0.70%) Bourne shell
Qualifications
1 11 (7.69%) Degree
2 4 (2.80%) PMI Certification
3 2 (1.40%) ISEB Practitioner
3 2 (1.40%) ISEB
3 2 (1.40%) PMP
4 1 (0.70%) PRINCE2 Certification
Quality Assurance & Compliance
1 8 (5.59%) QA
2 5 (3.50%) Basel III
3 3 (2.10%) Basel II
4 1 (0.70%) SLA
System Software
1 2 (1.40%) HDFS
2 1 (0.70%) Platform Symphony
2 1 (0.70%) Active Directory
Systems Management
1 8 (5.59%) HP Quality Center
2 3 (2.10%) Control-M
3 2 (1.40%) Puppet
3 2 (1.40%) Hadoop YARN
3 2 (1.40%) Opscode Chef
Vendors
1 29 (20.28%) Oracle
2 10 (6.99%) Sybase
3 6 (4.20%) Business Objects
4 4 (2.80%) Bloomberg
5 3 (2.10%) SunGard
5 3 (2.10%) Microsoft
5 3 (2.10%) Murex
6 2 (1.40%) Cognos
6 2 (1.40%) MicroStrategy
7 1 (0.70%) Citrix
7 1 (0.70%) DataSynapse
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: 4 hours ago
City, London
Rullion IT Plus
Posted: Yesterday
City of London
iKonnect
Rate: £600 - £700 per day
Posted: 6 days ago
City of London
Huxley Associates
Rate: £450 - £500 per day + competitive
Posted: 14 days ago
City of London
Interquest - ITQ Financial - London
Rate: £585 - £630 per day
Posted: 14 days ago
City of London
Real Staffing
Rate: £400 - £500 per day + competitive
Posted: 16 days ago
City of London
Real Staffing
Rate: £500 - £540 per annum + competitive
Posted: 21 days ago
City of London
Hays IT - Uk Posting account
Rate: £10.00 - £11.00 per annum
Posted: 27 days ago