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 1 September 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
1 Sep 2015
Same period 2014 Same period 2013
Market Risk
Rank 130 121 111
Rank change year-on-year
-9 -10
Contract jobs citing Market Risk 67 82 123
As % of all contract IT jobs located in the City of London 1.24% 1.39% 1.70%
As % of the Miscellaneous category 3.27% 3.85% 4.39%
Number of daily rates quoted 63 68 96
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 £411 £443 £450
10% offered a daily rate of more than £650 £633 £650
UK excluding London average daily rate £500 £425 £555
% change year-on-year
+17.64% -23.42%
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
2052 2129 2804
As % of all contract IT jobs located in the City of London 38.08% 36.09% 38.68%
Number of daily rates quoted 1632 1501 2066
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £295 £300 £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 34 46 64
Average hourly rate £19.00 £19.00 £19.50
Average hourly rate % change year-on-year
- -2.56%
90% offered a hourly rate of more than £12.63 £12.50 £14.50
10% offered a hourly rate of more than £24.23 £36.50 £48.00
UK excluding London average hourly rate £21.32 £20.00 £17.50
% change year-on-year
+6.61% +14.28%

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 1 September 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 1 September 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 70 (61.40%) Finance
2 62 (54.39%) Banking
3 47 (41.23%) Investment Banking
4 44 (38.60%) Credit Risk
5 37 (32.46%) SQL
6 35 (30.70%) Risk Management
7 33 (28.95%) C#
8 30 (26.32%) Java
9 27 (23.68%) Agile Software Development
10 26 (22.81%) .NET
10 26 (22.81%) SQL Server
11 22 (19.30%) Front Office
12 17 (14.91%) Business Analysis
13 15 (13.16%) VBA
13 15 (13.16%) OO
13 15 (13.16%) Analytics
14 14 (12.28%) Microsoft
15 13 (11.40%) Windows
15 13 (11.40%) SDLC
16 12 (10.53%) TDD
16 12 (10.53%) Oracle
16 12 (10.53%) C++
16 12 (10.53%) Python
17 11 (9.65%) Linux
17 11 (9.65%) Subversion
17 11 (9.65%) Analytical Skills
18 10 (8.77%) Project Management
18 10 (8.77%) Equities
18 10 (8.77%) ASP.NET
18 10 (8.77%) XML

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

For the 6 months to 1 September 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 6 (5.26%) Oracle Coherence
2 3 (2.63%) JBoss
2 3 (2.63%) Apache Spark
3 1 (0.88%) WebLogic
3 1 (0.88%) SharePoint
3 1 (0.88%) GemFire
Applications
1 8 (7.02%) MS Excel
2 7 (6.14%) MS Office
3 6 (5.26%) Spreadsheet
4 4 (3.51%) MS Visio
5 2 (1.75%) MS Project
6 1 (0.88%) MS PowerPoint
Business Applications
1 2 (1.75%) Adaptiv
2 1 (0.88%) Kondor+
Cloud Services
1 1 (0.88%) Cloud Computing
Communications & Networking
1 3 (2.63%) SAN
Database & Business Intelligence
1 26 (22.81%) SQL Server
2 8 (7.02%) SQL Server Analysis Services
3 6 (5.26%) SQL Server Integration Services
3 6 (5.26%) Big Data
4 5 (4.39%) Hadoop
5 4 (3.51%) OLAP
5 4 (3.51%) MS Access
5 4 (3.51%) Data Warehouse
5 4 (3.51%) Relational Database
6 3 (2.63%) Oracle Database
6 3 (2.63%) Apache Hive
7 2 (1.75%) MongoDB
7 2 (1.75%) HBase
7 2 (1.75%) Data Mining
7 2 (1.75%) RDBMS
7 2 (1.75%) Oracle Database 10g
7 2 (1.75%) Microsoft Analysis Services
7 2 (1.75%) SQL Server 2012
7 2 (1.75%) Impala
7 2 (1.75%) Cognos Analysis Studio
Development Applications
1 11 (9.65%) Subversion
2 9 (7.89%) Maven
3 6 (5.26%) JUnit
4 5 (4.39%) JIRA
5 4 (3.51%) ERwin
6 3 (2.63%) Team Foundation Server
6 3 (2.63%) Mockito
7 2 (1.75%) Cucumber
7 2 (1.75%) NUnit
7 2 (1.75%) CruiseControl
7 2 (1.75%) ClearCase
8 1 (0.88%) jMock
8 1 (0.88%) Atlassian Bamboo
8 1 (0.88%) Moq
General
1 70 (61.40%) Finance
2 62 (54.39%) Banking
3 47 (41.23%) Investment Banking
4 22 (19.30%) Front Office
5 9 (7.89%) Back Office
6 4 (3.51%) Financial Institution
7 3 (2.63%) Legal
8 1 (0.88%) Telecoms
8 1 (0.88%) Retail
Job Titles
1 44 (38.60%) Developer
2 43 (37.72%) Analyst
3 31 (27.19%) Business Analyst
4 16 (14.04%) Senior Developer
4 16 (14.04%) Risk Analyst
5 13 (11.40%) Market Risk Analyst
6 12 (10.53%) Java Developer
7 11 (9.65%) Project Manager
8 9 (7.89%) Market Analyst
9 8 (7.02%) Market Risk Business Analyst
9 8 (7.02%) Support Analyst
10 7 (6.14%) Python Developer
11 6 (5.26%) Senior Python Developer
12 5 (4.39%) Senior Java Developer
12 5 (4.39%) Data Analyst
13 4 (3.51%) Data Modeller
13 4 (3.51%) Senior Analyst
13 4 (3.51%) C# Developer
13 4 (3.51%) Risk Manager
13 4 (3.51%) Credit Risk Analyst
Libraries, Frameworks & Software Standards
1 26 (22.81%) .NET
2 10 (8.77%) ASP.NET
2 10 (8.77%) XML
2 10 (8.77%) Spring
3 6 (5.26%) J2EE
3 6 (5.26%) SciPy
3 6 (5.26%) NumPy
4 5 (4.39%) WPF
4 5 (4.39%) MDX
4 5 (4.39%) Web Services
5 4 (3.51%) REST
6 3 (2.63%) Akka
6 3 (2.63%) ASP.NET MVC
6 3 (2.63%) WCF
6 3 (2.63%) Middleware
6 3 (2.63%) ActiveMQ
7 2 (1.75%) .NET Framework
7 2 (1.75%) JDBC
7 2 (1.75%) XSLT
7 2 (1.75%) JMS
Miscellaneous
1 44 (38.60%) Credit Risk
2 11 (9.65%) Analytical Skills
3 10 (8.77%) Derivative
3 10 (8.77%) Equities
4 9 (7.89%) Fixed Income
5 8 (7.02%) Grid Computing
6 7 (6.14%) Foreign Exchange (FX)
7 6 (5.26%) Management Information System
7 6 (5.26%) Equity Derivative
8 4 (3.51%) Taxonomies
9 3 (2.63%) Data Extraction
9 3 (2.63%) PMI
9 3 (2.63%) Credit Derivative
10 2 (1.75%) N-Tier
10 2 (1.75%) Replication
10 2 (1.75%) Mathematics
11 1 (0.88%) CMDB
11 1 (0.88%) Visualisation
11 1 (0.88%) Hedge funds
11 1 (0.88%) Interest Rate Derivative
Operating Systems
1 13 (11.40%) Windows
2 11 (9.65%) Linux
3 10 (8.77%) UNIX
4 1 (0.88%) Solaris
Processes & Methodologies
1 35 (30.70%) Risk Management
2 27 (23.68%) Agile Software Development
3 17 (14.91%) Business Analysis
4 15 (13.16%) OO
4 15 (13.16%) Analytics
5 13 (11.40%) SDLC
6 12 (10.53%) TDD
7 10 (8.77%) Project Management
7 10 (8.77%) User Acceptance Testing
8 9 (7.89%) Data Management
9 8 (7.02%) Scrum
9 8 (7.02%) Data Modelling
9 8 (7.02%) Stress Testing
10 7 (6.14%) Change Control
10 7 (6.14%) Stakeholder Management
11 6 (5.26%) Change Management
11 6 (5.26%) Business Intelligence
11 6 (5.26%) BDD
11 6 (5.26%) Continuous Integration
11 6 (5.26%) Data Architecture
Programming Languages
1 37 (32.46%) SQL
2 33 (28.95%) C#
3 30 (26.32%) Java
4 15 (13.16%) VBA
5 12 (10.53%) Python
5 12 (10.53%) C++
6 8 (7.02%) Perl
7 4 (3.51%) T-SQL
7 4 (3.51%) MATLAB
7 4 (3.51%) Scala
7 4 (3.51%) R
8 3 (2.63%) PowerShell
9 2 (1.75%) C
9 2 (1.75%) VB6
9 2 (1.75%) XPath
9 2 (1.75%) VB
9 2 (1.75%) VB.NET
9 2 (1.75%) PHP
10 1 (0.88%) ANSI SQL
Qualifications
1 5 (4.39%) Degree
2 4 (3.51%) PMI Certification
3 1 (0.88%) CFA
3 1 (0.88%) PhD
3 1 (0.88%) PRINCE2 Certification
3 1 (0.88%) PMP
Quality Assurance & Compliance
1 4 (3.51%) Basel III
2 2 (1.75%) Data Quality
2 2 (1.75%) Dodd-Frank
2 2 (1.75%) COREP
2 2 (1.75%) FINREP
2 2 (1.75%) SLA
3 1 (0.88%) Sarbanes-Oxley
3 1 (0.88%) Basel II
3 1 (0.88%) QA
System Software
1 3 (2.63%) Active Directory
2 2 (1.75%) Apache Flume
2 2 (1.75%) GridGain
2 2 (1.75%) HDFS
Systems Management
1 2 (1.75%) HP Quality Center
1 2 (1.75%) Oozie
Vendors
1 14 (12.28%) Microsoft
2 12 (10.53%) Oracle
3 3 (2.63%) Sybase
3 3 (2.63%) Citrix
4 2 (1.75%) Cognos
4 2 (1.75%) SunGard
5 1 (0.88%) Tableau
5 1 (0.88%) Actian
City, London
Hudson IT
Rate: £610 per day
Posted: 6 days ago
City of London
Deerfoot IT
Rate: £500 - £600 per day
Posted: 7 days ago
City of London
Deerfoot IT
Rate: £300 - £350 per day + 6 month term
Posted: 19 days ago
City of London
Orgtel
Rate: £750 - £830 per day + competitive
Posted: 19 days ago
City of London
iKonnect
Rate: £570 - £650 per day
Posted: 21 days ago
City of London
Real Staffing
Rate: £450 - £500 per day
Posted: 22 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £550.00 per day
Posted: 25 days ago