The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 25 July 2016 with a comparison to the same period over 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.

3 months to
25 Jul 2016
Same period 2015 Same period 2014
Market Risk
Rank 324 227 233
Rank change year-on-year
-97 +6
Contract jobs citing Market Risk 112 221 203
As % of all contract IT jobs located in London 0.51% 0.94% 0.87%
As % of the Miscellaneous category 1.37% 2.54% 2.30%
Number of daily rates quoted 76 192 152
Median daily rate £650 £575 £550
Median daily rate % change year-on-year
+13.04% +4.54%
90% offered a daily rate of more than £510 £406 £400
10% offered a daily rate of more than £750 £675 £648
UK excluding London median daily rate £500 £538 £425
% change year-on-year
-6.97% +26.47%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Market Risk
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8147 8694 8816
As % of all contract IT jobs located in London 36.78% 36.84% 37.94%
Number of daily rates quoted 5735 6099 5949
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £650 £628
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 110 171 166
Median hourly rate £17.50 £18.86 £19.50
Median hourly rate % change year-on-year
-7.18% -3.30%
90% offered a hourly rate of more than £11.90 £13.50 £14.04
10% offered a hourly rate of more than £42.50 £52.17 £45.00
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Market Risk
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in London

Market Risk
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Market Risk across the London region.

Market Risk Daily Rate Trend in London

Market Risk
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk across the London region over the 3 months to 25 July 2016.

Market Risk Daily Rate Histogram in London

Market Risk
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Market Risk across the London region.

Market Risk Hourly Rate Trend in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 25 July 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -9 16 £675 +17.39% 4
Romford - 2 - -
Canary Wharf +3 1 £350 -17.06%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 25 July 2016, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Market Risk.

1 157 (63.82%) Finance
2 138 (56.10%) Banking
3 96 (39.02%) Investment Banking
4 81 (32.93%) Credit Risk
5 79 (32.11%) Risk Management
6 67 (27.24%) Front Office
7 56 (22.76%) SQL
8 48 (19.51%) Agile Software Development
9 47 (19.11%) Derivative
10 46 (18.70%) C#
11 41 (16.67%) Murex
12 40 (16.26%) Java
13 37 (15.04%) Foreign Exchange (FX)
14 32 (13.01%) Analytical Skills
15 29 (11.79%) Business Analysis
16 28 (11.38%) Fixed Income
16 28 (11.38%) Project Management
16 28 (11.38%) Stress Testing
17 27 (10.98%) Data Warehouse
18 26 (10.57%) Oracle
19 25 (10.16%) C++
19 25 (10.16%) Data Modelling
19 25 (10.16%) Stakeholder Management
20 23 (9.35%) Degree
20 23 (9.35%) Python
21 22 (8.94%) SQL Server
21 22 (8.94%) Data Analysis
22 21 (8.54%) Validation
23 19 (7.72%) Equities
24 18 (7.32%) Migration

Market Risk
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 9 (3.66%) SAS
2 7 (2.85%) Apache Spark
3 5 (2.03%) Oracle Coherence
3 5 (2.03%) Tomcat
4 3 (1.22%) Confluence
4 3 (1.22%) Jetty
4 3 (1.22%) nginx
4 3 (1.22%) SharePoint
5 1 (0.41%) Exchange Server 2010
5 1 (0.41%) IIS
5 1 (0.41%) MS Exchange
5 1 (0.41%) Skype for Business
Applications
1 10 (4.07%) Spreadsheet
2 8 (3.25%) MS Excel
3 3 (1.22%) MS Office
3 3 (1.22%) MS PowerPoint
4 2 (0.81%) MS Visio
5 1 (0.41%) MS Project
5 1 (0.41%) SPSS
Business Applications
1 9 (3.66%) Summit
2 4 (1.63%) Front Arena
3 2 (0.81%) BusinessWorks
4 1 (0.41%) Adaptiv
Communications & Networking
1 3 (1.22%) Internet
2 1 (0.41%) Cisco ASA
2 1 (0.41%) Firewall
2 1 (0.41%) LAN
2 1 (0.41%) SAN
2 1 (0.41%) TCP/IP
2 1 (0.41%) VoIP
2 1 (0.41%) VPN
2 1 (0.41%) WAN
2 1 (0.41%) Wi-Fi
Database & Business Intelligence
1 27 (10.98%) Data Warehouse
2 22 (8.94%) SQL Server
3 13 (5.28%) Big Data
4 12 (4.88%) Hadoop
5 11 (4.47%) Star Schema
6 9 (3.66%) Relational Database
6 9 (3.66%) SQL Server 2008
6 9 (3.66%) SQL Server 2012
7 8 (3.25%) Apache Cassandra
7 8 (3.25%) Data Mart
8 5 (2.03%) Oracle Database
8 5 (2.03%) SQL Server Analysis Services
9 4 (1.63%) Apache Hive
9 4 (1.63%) Data Mining
9 4 (1.63%) SQL Server Integration Services
10 3 (1.22%) Impala
10 3 (1.22%) MySQL
10 3 (1.22%) Neo4j
10 3 (1.22%) NoSQL
10 3 (1.22%) Oracle Database 10g
Development Applications
1 9 (3.66%) Maven
2 7 (2.85%) JIRA
2 7 (2.85%) JUnit
2 7 (2.85%) PowerDesigner
3 4 (1.63%) Ant
3 4 (1.63%) Jenkins
3 4 (1.63%) Subversion
4 3 (1.22%) Cucumber
4 3 (1.22%) Git (software)
4 3 (1.22%) Mockito
4 3 (1.22%) Team Foundation Server
4 3 (1.22%) TeamCity
5 2 (0.81%) SoapUI
5 2 (0.81%) SonarQube
5 2 (0.81%) Sonatype Nexus
6 1 (0.41%) Hudson
6 1 (0.41%) NUnit
6 1 (0.41%) SpecFlow
6 1 (0.41%) TestDirector
6 1 (0.41%) Visual Studio
General
1 157 (63.82%) Finance
2 138 (56.10%) Banking
3 96 (39.02%) Investment Banking
4 67 (27.24%) Front Office
5 10 (4.07%) Legal
6 7 (2.85%) Back Office
7 2 (0.81%) Advertising
7 2 (0.81%) Financial Institution
7 2 (0.81%) General Ledger
7 2 (0.81%) Telecoms
8 1 (0.41%) French Language
8 1 (0.41%) Retail
8 1 (0.41%) Spanish Language
Job Titles
1 101 (41.06%) Analyst
2 75 (30.49%) Business Analyst
3 72 (29.27%) Developer
4 68 (27.64%) Risk Analyst
5 47 (19.11%) Risk Business Analyst
6 44 (17.89%) Market Risk Analyst
7 32 (13.01%) Market Risk Business Analyst
8 25 (10.16%) Project Manager
9 24 (9.76%) Banking Analyst
10 23 (9.35%) Java Developer
11 20 (8.13%) Risk Manager
12 18 (7.32%) Investment Banking Business Analyst
13 17 (6.91%) Senior Developer
14 16 (6.50%) SQL Developer
15 15 (6.10%) C# Developer
15 15 (6.10%) Market Risk Developer
16 14 (5.69%) Data Modeller
16 14 (5.69%) Murex Analyst
17 13 (5.28%) IT Analyst
17 13 (5.28%) Python Developer
Libraries, Frameworks & Software Standards
1 17 (6.91%) .NET
2 11 (4.47%) Spring
3 8 (3.25%) WPF
4 7 (2.85%) REST
5 6 (2.44%) Web Services
6 4 (1.63%) GWT
6 4 (1.63%) JNI
6 4 (1.63%) Murex MxML
7 3 (1.22%) AngularJS
7 3 (1.22%) CSS
7 3 (1.22%) CSS3
7 3 (1.22%) HTML5
7 3 (1.22%) J2EE
7 3 (1.22%) JDBC
7 3 (1.22%) JSON
7 3 (1.22%) Node.js
7 3 (1.22%) SOAP
7 3 (1.22%) Struts
7 3 (1.22%) Struts2
7 3 (1.22%) XML
Miscellaneous
1 81 (32.93%) Credit Risk
2 47 (19.11%) Derivative
3 37 (15.04%) Foreign Exchange (FX)
4 32 (13.01%) Analytical Skills
5 28 (11.38%) Fixed Income
6 19 (7.72%) Equities
7 17 (6.91%) Credit Derivative
8 16 (6.50%) Mathematics
9 8 (3.25%) Physics
10 7 (2.85%) Management Information System
11 6 (2.44%) Computer Science
11 6 (2.44%) Hedge funds
12 5 (2.03%) Algorithms
12 5 (2.03%) Data Structures
12 5 (2.03%) Equity Derivative
13 4 (1.63%) Economics
13 4 (1.63%) User Experience
14 3 (1.22%) Fintech
14 3 (1.22%) Online Banking
14 3 (1.22%) Taxonomies
Operating Systems
1 9 (3.66%) Unix
2 5 (2.03%) Windows
3 4 (1.63%) Windows Server
4 2 (0.81%) Linux
5 1 (0.41%) Red Hat Enterprise Linux
5 1 (0.41%) Windows 7
5 1 (0.41%) Windows Server 2003
5 1 (0.41%) Windows Server 2008
5 1 (0.41%) Windows Server 2012
Processes & Methodologies
1 79 (32.11%) Risk Management
2 48 (19.51%) Agile Software Development
3 29 (11.79%) Business Analysis
4 28 (11.38%) Project Management
4 28 (11.38%) Stress Testing
5 25 (10.16%) Data Modelling
5 25 (10.16%) Stakeholder Management
6 22 (8.94%) Data Analysis
7 21 (8.54%) Validation
8 18 (7.32%) Migration
8 18 (7.32%) SDLC
9 17 (6.91%) Scrum
10 15 (6.10%) Quantitative Finance
10 15 (6.10%) User Acceptance Testing
11 14 (5.69%) Analytics
12 13 (5.28%) Logical Data Model
13 12 (4.88%) Data Management
13 12 (4.88%) Requirements Analysis
14 11 (4.47%) Monte Carlo Method
15 10 (4.07%) Refactoring
Programming Languages
1 56 (22.76%) SQL
2 46 (18.70%) C#
3 40 (16.26%) Java
4 25 (10.16%) C++
5 23 (9.35%) Python
6 10 (4.07%) VBA
7 8 (3.25%) Haskell
7 8 (3.25%) Scala
8 6 (2.44%) PL/SQL
9 5 (2.03%) JavaScript
9 5 (2.03%) R
10 4 (1.63%) MATLAB
10 4 (1.63%) Perl
11 3 (1.22%) ANSI SQL
11 3 (1.22%) Korn
11 3 (1.22%) T-SQL
12 2 (0.81%) PowerShell
12 2 (0.81%) Shell Script
13 1 (0.41%) VB.NET
13 1 (0.41%) VBScript
Qualifications
1 23 (9.35%) Degree
2 7 (2.85%) PhD
3 2 (0.81%) CFA
3 2 (0.81%) PMI Certification
3 2 (0.81%) PMP
3 2 (0.81%) Postgraduate
Quality Assurance & Compliance
1 17 (6.91%) QA
2 11 (4.47%) MiFID
3 10 (4.07%) EMIR
4 7 (2.85%) Basel III
4 7 (2.85%) COREP
4 7 (2.85%) CRD IV
5 6 (2.44%) AIFMD
6 5 (2.03%) Basel II
7 4 (1.63%) Data Quality
8 2 (0.81%) Dodd-Frank
8 2 (0.81%) FATCA
9 1 (0.41%) PCI DSS
9 1 (0.41%) Sarbanes-Oxley
System Software
1 4 (1.63%) Platform Symphony
2 1 (0.41%) Virtual Machines
Systems Management
1 2 (0.81%) Control-M
1 2 (0.81%) HP Quality Center
1 2 (0.81%) TIBCO Hawk
2 1 (0.41%) SCCM
2 1 (0.41%) WSUS
Vendors
1 41 (16.67%) Murex
2 26 (10.57%) Oracle
3 14 (5.69%) Calypso
4 9 (3.66%) Microsoft
5 7 (2.85%) Algorithmics
6 4 (1.63%) Sophis
6 4 (1.63%) Sybase
7 3 (1.22%) IBM
8 2 (0.81%) Sonatype
8 2 (0.81%) TIBCO
8 2 (0.81%) VMware
9 1 (0.41%) Bloomberg
9 1 (0.41%) CheckPoint
9 1 (0.41%) Cloudera
9 1 (0.41%) HP
9 1 (0.41%) Informatica
9 1 (0.41%) Mitel
9 1 (0.41%) Red Hat
9 1 (0.41%) ServiceNow
9 1 (0.41%) SunGard
London
Harvey Nash plc
Rate: £500 - £575 per day
Posted: 2 hours ago
London
TEKsystems
Rate: £700 - £750 per day
Posted: 4 days ago
Docklands
iKas International
Rate: £650 - £800 per day
Posted: 3 days ago
London
Apollo Solutions
Rate: £350 per day
Posted: 5 days ago