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 September 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 Sep 2014
Same period 2013 Same period 2012
Market Risk
Rank 126 124 80
Rank change year-on-year
-2 -44
Contract jobs citing Market Risk 76 107 171
As % of all contract IT jobs located in the City of London 1.29% 1.49% 2.20%
As % of the Miscellaneous category 3.73% 3.95% 5.82%
Number of daily rates quoted 63 93 137
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 £436 £475
10% offered a daily rate of more than £650 £650 £675
UK excluding London average daily rate £425 £700 £398
% change year-on-year
-39.28% +76.10%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
2038 2706 2940
As % of all contract IT jobs located in the City of London 34.62% 37.58% 37.88%
Number of daily rates quoted 1469 2000 2151
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.21% -
90% offered a daily rate of more than £295 £300 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 49 56 67
Average hourly rate £17.93 £19.50 £20.00
Average hourly rate % change year-on-year
-8.03% -2.50%
90% offered a hourly rate of more than £11.60 £14.50 £11.50
10% offered a hourly rate of more than £35.40 £48.00 £39.30
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

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 September 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 September 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 91 (63.64%) Banking
2 69 (48.25%) Investment Banking
3 54 (37.76%) Credit Risk
4 50 (34.97%) SQL
5 44 (30.77%) Finance
6 40 (27.97%) Risk Management
6 40 (27.97%) Java
7 36 (25.17%) Agile Software Development
8 30 (20.98%) Business Analysis
9 28 (19.58%) Spring
9 28 (19.58%) C#
10 26 (18.18%) Oracle
11 25 (17.48%) Front Office
12 23 (16.08%) SQL Server
12 23 (16.08%) Multithreading
13 21 (14.69%) Maven
14 19 (13.29%) Continuous Integration
15 18 (12.59%) MVC
15 18 (12.59%) .NET
15 18 (12.59%) JUnit
16 17 (11.89%) Data Modelling
16 17 (11.89%) Unit Testing
16 17 (11.89%) Oracle Database
17 16 (11.19%) CruiseControl
17 16 (11.19%) J2EE
17 16 (11.19%) JDBC
18 14 (9.79%) Spring MVC
19 13 (9.09%) Scrum
20 12 (8.39%) Project Management
20 12 (8.39%) Web Services

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

For the 6 months to 19 September 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 6 (4.20%) MS Excel
2 4 (2.80%) MS Office
3 2 (1.40%) MS Visio
4 1 (0.70%) MS Project
4 1 (0.70%) Spreadsheet
4 1 (0.70%) MS PowerPoint
Business Applications
1 3 (2.10%) Adaptiv
2 1 (0.70%) Markit EDM
2 1 (0.70%) Endur
Cloud Services
1 1 (0.70%) SaaS
Communications & Networking
1 1 (0.70%) SSL
1 1 (0.70%) SAN
Database & Business Intelligence
1 23 (16.08%) SQL Server
2 17 (11.89%) Oracle Database
3 8 (5.59%) SQL Server Analysis Services
4 7 (4.90%) SQL Server Integration Services
5 6 (4.20%) SQL Server Reporting Services
5 6 (4.20%) Data Warehouse
6 4 (2.80%) QlikView
6 4 (2.80%) SQL Server 2008
6 4 (2.80%) Hadoop
6 4 (2.80%) MongoDB
6 4 (2.80%) OLAP
6 4 (2.80%) Big Data
7 3 (2.10%) Relational Database
7 3 (2.10%) Apache Cassandra
7 3 (2.10%) NoSQL
8 2 (1.40%) Oracle Database 11g
8 2 (1.40%) Oracle Database 10g
8 2 (1.40%) HBase
8 2 (1.40%) Redis
9 1 (0.70%) Hazelcast
Development Applications
1 21 (14.69%) Maven
2 18 (12.59%) JUnit
3 16 (11.19%) CruiseControl
4 11 (7.69%) TeamCity
4 11 (7.69%) Mockito
5 9 (6.29%) JIRA
6 7 (4.90%) Subversion
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%) Cucumber
9 2 (1.40%) Grunt
9 2 (1.40%) Jasmine
10 1 (0.70%) Gradle
10 1 (0.70%) QuickTest Pro
10 1 (0.70%) ERwin
10 1 (0.70%) Atlassian Bamboo
10 1 (0.70%) Selenium
General
1 91 (63.64%) Banking
2 69 (48.25%) Investment Banking
3 44 (30.77%) Finance
4 25 (17.48%) Front Office
5 7 (4.90%) Advertising
6 5 (3.50%) Financial Institution
7 3 (2.10%) Back Office
8 1 (0.70%) Legal
8 1 (0.70%) Wholesale Banking
8 1 (0.70%) Corporate Banking
8 1 (0.70%) Retail
Job Titles
1 59 (41.26%) Developer
2 53 (37.06%) Analyst
3 40 (27.97%) Business Analyst
4 20 (13.99%) Market Risk Analyst
5 19 (13.29%) Java Developer
5 19 (13.29%) Market Risk Business Analyst
6 18 (12.59%) Risk Analyst
7 15 (10.49%) Market Analyst
8 14 (9.79%) Project Manager
9 10 (6.99%) Software Engineer
10 8 (5.59%) C# Developer
11 7 (4.90%) Credit Risk Business Analyst
11 7 (4.90%) Credit Risk Analyst
12 6 (4.20%) Senior Developer
13 5 (3.50%) SQL Developer
13 5 (3.50%) Credit Analyst
13 5 (3.50%) Credit Risk Project Manager
13 5 (3.50%) IT Business Analyst
13 5 (3.50%) Risk Manager
14 4 (2.80%) Business Manager
Libraries, Frameworks & Software Standards
1 28 (19.58%) Spring
2 18 (12.59%) .NET
3 16 (11.19%) J2EE
3 16 (11.19%) JDBC
4 14 (9.79%) Spring MVC
5 12 (8.39%) Web Services
6 10 (6.99%) Hibernate
7 6 (4.20%) ActiveMQ
7 6 (4.20%) HTML5
7 6 (4.20%) ASP.NET
7 6 (4.20%) HTML
8 5 (3.50%) JMS
9 4 (2.80%) WPF
9 4 (2.80%) .NET Framework
10 3 (2.10%) XML
10 3 (2.10%) STL
10 3 (2.10%) ASP.NET MVC
10 3 (2.10%) WCF
11 2 (1.40%) Ajax
11 2 (1.40%) JSON
Miscellaneous
1 54 (37.76%) Credit Risk
2 12 (8.39%) Derivative
3 9 (6.29%) Foreign Exchange (FX)
4 7 (4.90%) Computer Science
4 7 (4.90%) Analytical Skills
5 6 (4.20%) Grid Computing
6 5 (3.50%) Fixed Income
7 4 (2.80%) Mathematics
8 3 (2.10%) User Experience
8 3 (2.10%) Hedge funds
9 2 (1.40%) Equity Derivative
9 2 (1.40%) iSeries
9 2 (1.40%) PMI
9 2 (1.40%) Equities
10 1 (0.70%) Data Extraction
10 1 (0.70%) Swaptions
10 1 (0.70%) Physics
10 1 (0.70%) Wiki
10 1 (0.70%) Interest Rate Derivative
Operating Systems
1 7 (4.90%) Windows
2 4 (2.80%) Linux
3 2 (1.40%) UNIX
Processes & Methodologies
1 40 (27.97%) Risk Management
2 36 (25.17%) Agile Software Development
3 30 (20.98%) Business Analysis
4 23 (16.08%) Multithreading
5 19 (13.29%) Continuous Integration
6 18 (12.59%) MVC
7 17 (11.89%) Data Modelling
7 17 (11.89%) Unit Testing
8 13 (9.09%) Scrum
9 12 (8.39%) Project Management
9 12 (8.39%) Software Engineering
10 10 (6.99%) OO
10 10 (6.99%) Low Latency
11 9 (6.29%) Analytics
11 9 (6.29%) TDD
12 8 (5.59%) User Acceptance Testing
12 8 (5.59%) ETL
13 7 (4.90%) Stakeholder Management
13 7 (4.90%) Business Intelligence
13 7 (4.90%) Stress Testing
Programming Languages
1 50 (34.97%) SQL
2 40 (27.97%) Java
3 28 (19.58%) C#
4 9 (6.29%) VBA
4 9 (6.29%) C++
5 6 (4.20%) PL/SQL
6 5 (3.50%) T-SQL
6 5 (3.50%) Python
7 4 (2.80%) JavaScript
8 2 (1.40%) PowerShell
8 2 (1.40%) VB.NET
8 2 (1.40%) RPG
Qualifications
1 10 (6.99%) Degree
2 4 (2.80%) PMI Certification
3 2 (1.40%) PMP
4 1 (0.70%) PRINCE2 Certification
Quality Assurance & Compliance
1 9 (6.29%) QA
2 7 (4.90%) Basel III
3 4 (2.80%) Basel II
4 1 (0.70%) CRD IV
System Software
1 2 (1.40%) HDFS
2 1 (0.70%) Platform Symphony
2 1 (0.70%) Active Directory
Systems Management
1 5 (3.50%) HP Quality Center
2 3 (2.10%) Control-M
3 2 (1.40%) Opscode Chef
3 2 (1.40%) Puppet
Vendors
1 26 (18.18%) Oracle
2 8 (5.59%) Sybase
3 6 (4.20%) Business Objects
4 4 (2.80%) Microsoft
5 3 (2.10%) SunGard
5 3 (2.10%) Bloomberg
6 2 (1.40%) MicroStrategy
6 2 (1.40%) Cognos
7 1 (0.70%) Perforce
7 1 (0.70%) Citrix
7 1 (0.70%) DataSynapse
City, London
Aston Carter
Rate: £500 - £650 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 3 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £525.00 per day
Posted: 11 days ago
City of London
iKonnect
Rate: £600 - £700 per day
Posted: 11 days ago
City of London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 14 days ago
City of London
Huxley Associates
Rate: £550 - £650 per day
Posted: 17 days ago
City of London
esynergy Solutions - UK
Rate: £350 - £400 per day
Posted: 18 days ago