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 average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 26 May 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
26 May 2015
Same period 2014 Same period 2013
Market Risk
Rank 257 250 148
Rank change year-on-year
-7 -102
Contract jobs citing Market Risk 156 170 305
As % of all contract IT jobs located in London 0.70% 0.75% 1.41%
As % of the Miscellaneous category 1.95% 2.00% 3.62%
Number of daily rates quoted 132 135 206
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £525 £554
Average daily rate % change year-on-year
+14.28% -5.23%
90% offered a daily rate of more than £413 £424 £450
10% offered a daily rate of more than £675 £638 £638
UK excluding London average daily rate £513 £544 £575
% change year-on-year
-5.70% -5.47%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
7981 8518 8437
As % of all contract IT jobs located in London 35.82% 37.57% 39.00%
Number of daily rates quoted 5471 6000 5746
Average daily rate £463 £450 £475
Average daily rate % change year-on-year
+2.77% -5.26%
90% offered a daily rate of more than £275 £275 £275
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 141 145 196
Average hourly rate £18.00 £20.00 £23.20
Average hourly rate % change year-on-year
-10.00% -13.79%
90% offered a hourly rate of more than £13.50 £14.00 £15.50
10% offered a hourly rate of more than £40.00 £42.55 £54.00
UK excluding London average hourly rate £18.90 £22.50 £22.00
% change year-on-year
-16.00% +2.27%

Market Risk
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the London region as a proportion of the total demand within 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 26 May 2015.

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 average contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 26 May 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -6 47 £600 +9.09% 11
Docklands, London +4 5 £613 - 2
Canary Wharf -7 3 £500 -23.07%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 26 May 2015, IT contractor jobs across the 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.

1 198 (58.06%) Banking
2 150 (43.99%) Investment Banking
3 137 (40.18%) Finance
4 125 (36.66%) Risk Management
5 117 (34.31%) SQL
6 83 (24.34%) Java
7 81 (23.75%) Credit Risk
8 77 (22.58%) Stress Testing
9 59 (17.30%) Front Office
10 58 (17.01%) Data Modelling
11 55 (16.13%) Degree
12 51 (14.96%) Agile Software Development
13 49 (14.37%) Project Management
14 35 (10.26%) Business Analysis
15 34 (9.97%) MS Excel
15 34 (9.97%) SQL Server
16 33 (9.68%) C#
17 32 (9.38%) SDLC
18 31 (9.09%) Integration Testing
19 30 (8.80%) C++
19 30 (8.80%) VBA
20 29 (8.50%) Hadoop
20 29 (8.50%) Big Data
21 28 (8.21%) Oracle
22 27 (7.92%) OO
22 27 (7.92%) Derivative
22 27 (7.92%) Analytical Skills
23 24 (7.04%) .NET
24 23 (6.74%) Spring
24 23 (6.74%) Maven

Market Risk
Top Related IT Skills in London by Category

For the 6 months to 26 May 2015, IT contractor jobs across the 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 13 (3.81%) Oracle Coherence
2 10 (2.93%) Node.js
3 5 (1.47%) SharePoint
4 3 (0.88%) WebLogic
4 3 (0.88%) Apache Spark
5 1 (0.29%) GemFire
5 1 (0.29%) Apache Pig
5 1 (0.29%) IIS
5 1 (0.29%) JBoss
5 1 (0.29%) Apache
5 1 (0.29%) CMS
5 1 (0.29%) Oracle Workflow
5 1 (0.29%) Confluence
Applications
1 34 (9.97%) MS Excel
2 13 (3.81%) MS Office
3 9 (2.64%) MS PowerPoint
4 7 (2.05%) Spreadsheet
4 7 (2.05%) MS Visio
5 1 (0.29%) MS Project
Business Applications
1 3 (0.88%) Summit
Communications & Networking
1 3 (0.88%) FTP
Database & Business Intelligence
1 34 (9.97%) SQL Server
2 29 (8.50%) Hadoop
2 29 (8.50%) Big Data
3 22 (6.45%) Relational Database
4 12 (3.52%) RDBMS
5 10 (2.93%) OLAP
5 10 (2.93%) SQL Server Integration Services
5 10 (2.93%) Oracle Database
6 7 (2.05%) Impala
6 7 (2.05%) Apache Hive
7 6 (1.76%) Data Warehouse
7 6 (1.76%) SQL Server Reporting Services
8 5 (1.47%) MS Access
8 5 (1.47%) SQL Server Analysis Services
9 4 (1.17%) SQL Server 2008
9 4 (1.17%) QlikView
9 4 (1.17%) SQL Server 2012
9 4 (1.17%) HBase
10 3 (0.88%) Hazelcast
10 3 (0.88%) Data Mining
Development Applications
1 23 (6.74%) Maven
2 10 (2.93%) JUnit
3 8 (2.35%) Subversion
3 8 (2.35%) Mocha
3 8 (2.35%) Jasmine
3 8 (2.35%) Grunt
4 4 (1.17%) jMock
5 3 (0.88%) CruiseControl
5 3 (0.88%) Hudson
6 2 (0.59%) JIRA
7 1 (0.29%) Selenium
7 1 (0.29%) Team Foundation Server
7 1 (0.29%) Visual Studio
7 1 (0.29%) SpecFlow
7 1 (0.29%) Cucumber
General
1 198 (58.06%) Banking
2 150 (43.99%) Investment Banking
3 137 (40.18%) Finance
4 59 (17.30%) Front Office
5 10 (2.93%) Legal
5 10 (2.93%) Retail
5 10 (2.93%) Financial Institution
6 9 (2.64%) Back Office
7 2 (0.59%) French Language
8 1 (0.29%) Japanese Language
8 1 (0.29%) Telecoms
8 1 (0.29%) Retail Banking
8 1 (0.29%) Corporate Banking
Job Titles
1 143 (41.94%) Analyst
2 114 (33.43%) Developer
3 107 (31.38%) Business Analyst
4 76 (22.29%) Market Risk Analyst
5 65 (19.06%) Market Risk Business Analyst
6 63 (18.48%) Risk Analyst
7 48 (14.08%) Market Analyst
8 41 (12.02%) Project Manager
9 40 (11.73%) Banking Business Analyst
10 35 (10.26%) IT Business Analyst
11 33 (9.68%) Java Developer
12 24 (7.04%) Senior Developer
13 18 (5.28%) Risk Manager
14 16 (4.69%) Architect
15 14 (4.11%) Scala Developer
16 10 (2.93%) VBA Developer
17 9 (2.64%) Credit Risk Project Manager
17 9 (2.64%) Credit Risk Analyst
18 8 (2.35%) Investment Banking Business Analyst
18 8 (2.35%) Solutions Architect
Libraries, Frameworks & Software Standards
1 24 (7.04%) .NET
2 23 (6.74%) Spring
3 18 (5.28%) HTML
3 18 (5.28%) HTML5
4 12 (3.52%) Akka
4 12 (3.52%) CSS
5 11 (3.23%) Web Services
6 10 (2.93%) JMS
7 9 (2.64%) ASP.NET
7 9 (2.64%) RESTful
7 9 (2.64%) ActiveMQ
8 8 (2.35%) MDX
8 8 (2.35%) AngularJS
9 7 (2.05%) J2EE
10 6 (1.76%) XBRL
10 6 (1.76%) Ajax
10 6 (1.76%) Spring MVC
10 6 (1.76%) REST
11 5 (1.47%) WCF
11 5 (1.47%) WPF
Miscellaneous
1 81 (23.75%) Credit Risk
2 27 (7.92%) Analytical Skills
2 27 (7.92%) Derivative
3 19 (5.57%) Fixed Income
3 19 (5.57%) Foreign Exchange (FX)
4 11 (3.23%) Equities
5 10 (2.93%) Computer Science
6 8 (2.35%) Mathematics
7 6 (1.76%) Grid Computing
7 6 (1.76%) Interest Rate Derivative
7 6 (1.76%) Equity Derivative
7 6 (1.76%) Management Information System
8 5 (1.47%) User Experience
9 4 (1.17%) Replication
10 3 (0.88%) Credit Derivative
10 3 (0.88%) Statistics
10 3 (0.88%) Visualisation
11 2 (0.59%) Algorithms
11 2 (0.59%) Physics
11 2 (0.59%) Economics
Operating Systems
1 13 (3.81%) UNIX
2 12 (3.52%) Linux
3 10 (2.93%) Windows
4 2 (0.59%) Windows Server 2008
4 2 (0.59%) Windows Server 2012
5 1 (0.29%) Windows 7
5 1 (0.29%) Windows XP
5 1 (0.29%) Windows Vista
Processes & Methodologies
1 125 (36.66%) Risk Management
2 77 (22.58%) Stress Testing
3 58 (17.01%) Data Modelling
4 51 (14.96%) Agile Software Development
5 49 (14.37%) Project Management
6 35 (10.26%) Business Analysis
7 32 (9.38%) SDLC
8 31 (9.09%) Integration Testing
9 27 (7.92%) OO
10 18 (5.28%) Validation
11 17 (4.99%) UML
12 16 (4.69%) TDD
12 16 (4.69%) Multithreading
12 16 (4.69%) Analytics
13 14 (4.11%) User Acceptance Testing
13 14 (4.11%) Monte Carlo Method
13 14 (4.11%) Data Management
13 14 (4.11%) Stakeholder Management
14 13 (3.81%) MVC
14 13 (3.81%) Continuous Integration
Programming Languages
1 117 (34.31%) SQL
2 83 (24.34%) Java
3 33 (9.68%) C#
4 30 (8.80%) C++
4 30 (8.80%) VBA
5 19 (5.57%) Scala
6 17 (4.99%) JavaScript
7 16 (4.69%) Python
8 8 (2.35%) Perl
9 6 (1.76%) PHP
9 6 (1.76%) T-SQL
9 6 (1.76%) MATLAB
10 5 (1.47%) PL/SQL
11 3 (0.88%) C
12 2 (0.59%) PowerShell
12 2 (0.59%) VB
12 2 (0.59%) VB.NET
12 2 (0.59%) R
13 1 (0.29%) APL
13 1 (0.29%) Korn
Qualifications
1 55 (16.13%) Degree
2 3 (0.88%) PMI Certification
3 2 (0.59%) Security Cleared
3 2 (0.59%) IIBA
4 1 (0.29%) ACCA
4 1 (0.29%) CIMA
4 1 (0.29%) MBA
4 1 (0.29%) CFA
4 1 (0.29%) Postgraduate
4 1 (0.29%) MCT
4 1 (0.29%) PRINCE2 Certification
4 1 (0.29%) A+ Certification
4 1 (0.29%) PMP
Quality Assurance & Compliance
1 9 (2.64%) Basel III
2 8 (2.35%) QA
3 5 (1.47%) COREP
3 5 (1.47%) FINREP
4 4 (1.17%) Basel II
5 3 (0.88%) Data Quality
5 3 (0.88%) Dodd-Frank
6 2 (0.59%) CRD IV
6 2 (0.59%) MiFID
7 1 (0.29%) Solvency II
7 1 (0.29%) EMIR
System Software
1 6 (1.76%) Apache Flume
1 6 (1.76%) HDFS
2 1 (0.29%) GridGain
Systems Management
1 5 (1.47%) HP Quality Center
1 5 (1.47%) Oozie
2 1 (0.29%) Hadoop YARN
2 1 (0.29%) Control-M
2 1 (0.29%) SCCM
Vendors
1 28 (8.21%) Oracle
2 20 (5.87%) Microsoft
3 14 (4.11%) Murex
4 9 (2.64%) Sybase
5 6 (1.76%) BT
6 4 (1.17%) Business Objects
7 3 (0.88%) DataSynapse
8 2 (0.59%) Calypso
8 2 (0.59%) Informatica
8 2 (0.59%) Reuters
8 2 (0.59%) Bloomberg
8 2 (0.59%) DevExpress
8 2 (0.59%) Tableau
8 2 (0.59%) Vertica
9 1 (0.29%) Actian
9 1 (0.29%) Infragistics
9 1 (0.29%) TIBCO
9 1 (0.29%) Misys
9 1 (0.29%) SAP
9 1 (0.29%) IBM
London
TEKsystems
Rate: £600 - £640 per day
Posted: 4 hours ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 hours ago
East London
Aston Carter
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £750 per day
Posted: 3 days ago
London
Harvey Nash plc
Rate: £200 - £250 per annum
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per annum
Posted: 4 days ago
City, London
TEKsystems
Rate: £375 - £425 per day
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £250.00 - £300.00 per annum
Posted: 5 days ago
London
Montash
Rate: £600 - £700 per day + Negotiable
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £250.00 - £300.00 per day
Posted: 5 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 5 days ago
London
Aston Carter
Rate: £300 - £375 per day
Posted: 6 days ago
City of London
iKonnect
Rate: £550 - £620 per day
Posted: 6 days ago
London
Real Staffing
Rate: £500 - £600 per day +
Posted: 8 days ago
London
iKonnect
Rate: £550 - £650 per day
Posted: 11 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £700 per day + competitive
Posted: 11 days ago
Docklands
iKonnect
Rate: £600 - £700 per day
Posted: 12 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 13 days ago
London
iKonnect
Rate: £550 - £650 per day
Posted: 14 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 14 days ago