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 31 August 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
31 Aug 2015
Same period 2014 Same period 2013
Market Risk
Rank 209 213 175
Rank change year-on-year
+4 -38
Contract jobs citing Market Risk 244 235 309
As % of all contract IT jobs located in London 1.01% 0.98% 1.24%
As % of the Miscellaneous category 2.78% 2.62% 3.17%
Number of daily rates quoted 197 166 217
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £550
90% offered a daily rate of more than £420 £413 £400
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £538 £425 £555
% change year-on-year
+26.47% -23.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £85.00
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
8764 8962 9756
As % of all contract IT jobs located in London 36.41% 37.38% 39.01%
Number of daily rates quoted 6061 5962 6653
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £285 £276
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 157 183 197
Average hourly rate £21.35 £19.00 £20.00
Average hourly rate % change year-on-year
+12.36% -5.00%
90% offered a hourly rate of more than £14.00 £14.04 £13.00
10% offered a hourly rate of more than £43.80 £45.00 £47.00
UK excluding London average hourly rate £22.00 £20.00 £17.50
% change year-on-year
+10.00% +14.28%

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 31 August 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 31 August 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 -15 67 £550 - 17
Docklands, London 0 8 £610 +21.39%
Canary Wharf -8 5 £425 +6.25%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 31 August 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.

1 221 (55.53%) Banking
2 210 (52.76%) Finance
3 162 (40.70%) Investment Banking
4 132 (33.17%) Credit Risk
5 131 (32.91%) SQL
6 117 (29.40%) Java
7 100 (25.13%) Risk Management
8 87 (21.86%) Agile Software Development
9 84 (21.11%) Front Office
9 84 (21.11%) C#
10 68 (17.09%) .NET
10 68 (17.09%) SQL Server
11 48 (12.06%) Derivative
12 46 (11.56%) Oracle
13 43 (10.80%) Project Management
13 43 (10.80%) Maven
13 43 (10.80%) Analytics
14 41 (10.30%) Analytical Skills
14 41 (10.30%) Spring
14 41 (10.30%) OO
15 40 (10.05%) UNIX
15 40 (10.05%) VBA
16 39 (9.80%) Microsoft
17 35 (8.79%) Degree
17 35 (8.79%) Stress Testing
18 33 (8.29%) Business Analysis
18 33 (8.29%) MS Excel
18 33 (8.29%) TDD
19 32 (8.04%) Python
19 32 (8.04%) Data Modelling

Market Risk
Top Related IT Skills in London by Category

For the 6 months to 31 August 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 17 (4.27%) Oracle Coherence
2 12 (3.02%) Node.js
3 10 (2.51%) JBoss
4 9 (2.26%) Apache Spark
5 8 (2.01%) SharePoint
6 5 (1.26%) WebLogic
7 3 (0.75%) GemFire
8 2 (0.50%) Oracle Workflow
8 2 (0.50%) WebSphere
9 1 (0.25%) SAS
9 1 (0.25%) Apache Pig
9 1 (0.25%) SharePoint 2013
Applications
1 33 (8.29%) MS Excel
2 29 (7.29%) MS Office
3 18 (4.52%) Spreadsheet
4 9 (2.26%) MS Visio
5 7 (1.76%) MS PowerPoint
6 4 (1.01%) MS Project
Business Applications
1 7 (1.76%) Adaptiv
2 6 (1.51%) Summit
3 2 (0.50%) Markit EDM
4 1 (0.25%) Kondor+
Cloud Services
1 2 (0.50%) Cloud Computing
Communications & Networking
1 5 (1.26%) SAN
Database & Business Intelligence
1 68 (17.09%) SQL Server
2 30 (7.54%) Hadoop
3 25 (6.28%) Big Data
4 23 (5.78%) Relational Database
4 23 (5.78%) SQL Server Analysis Services
5 21 (5.28%) SQL Server Integration Services
6 18 (4.52%) OLAP
6 18 (4.52%) Data Warehouse
7 14 (3.52%) Oracle Database
8 10 (2.51%) SQL Server Reporting Services
9 8 (2.01%) SQL Server 2008
9 8 (2.01%) Apache Hive
9 8 (2.01%) MongoDB
9 8 (2.01%) RDBMS
10 7 (1.76%) HBase
10 7 (1.76%) Impala
11 6 (1.51%) SQL Server 2012
12 5 (1.26%) Data Mining
13 4 (1.01%) MS Access
13 4 (1.01%) BusinessObjects
Development Applications
1 43 (10.80%) Maven
2 23 (5.78%) Subversion
3 22 (5.53%) JUnit
4 12 (3.02%) Team Foundation Server
5 11 (2.76%) CruiseControl
5 11 (2.76%) Mockito
6 10 (2.51%) Mocha
6 10 (2.51%) JIRA
6 10 (2.51%) Jasmine
6 10 (2.51%) Grunt
7 8 (2.01%) Cucumber
8 7 (1.76%) NUnit
8 7 (1.76%) ClearCase
9 6 (1.51%) ERwin
9 6 (1.51%) jMock
10 4 (1.01%) Hudson
11 3 (0.75%) Atlassian Bamboo
12 2 (0.50%) TeamCity
12 2 (0.50%) Visual Studio
13 1 (0.25%) HP UFT
General
1 221 (55.53%) Banking
2 210 (52.76%) Finance
3 162 (40.70%) Investment Banking
4 84 (21.11%) Front Office
5 26 (6.53%) Back Office
6 12 (3.02%) Legal
7 11 (2.76%) Financial Institution
8 7 (1.76%) Retail
9 3 (0.75%) Corporate Banking
10 2 (0.50%) Advertising
11 1 (0.25%) Telecoms
11 1 (0.25%) French Language
11 1 (0.25%) Japanese Language
Job Titles
1 181 (45.48%) Developer
2 124 (31.16%) Analyst
3 81 (20.35%) Business Analyst
4 50 (12.56%) Java Developer
5 47 (11.81%) Project Manager
6 43 (10.80%) Risk Analyst
7 42 (10.55%) Market Risk Analyst
8 39 (9.80%) Senior Developer
9 28 (7.04%) Market Risk Business Analyst
10 24 (6.03%) Market Analyst
11 22 (5.53%) C# Developer
12 20 (5.03%) Risk Manager
13 16 (4.02%) SQL Developer
13 16 (4.02%) Banking Business Analyst
14 15 (3.77%) Python Developer
14 15 (3.77%) Architect
15 13 (3.27%) Support Analyst
15 13 (3.27%) Senior Java Developer
15 13 (3.27%) Credit Risk Analyst
16 12 (3.02%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 68 (17.09%) .NET
2 41 (10.30%) Spring
3 26 (6.53%) ASP.NET
4 25 (6.28%) Web Services
5 20 (5.03%) XML
5 20 (5.03%) MDX
5 20 (5.03%) WPF
6 19 (4.77%) J2EE
7 15 (3.77%) HTML
7 15 (3.77%) RESTful
7 15 (3.77%) WCF
8 14 (3.52%) HTML5
9 13 (3.27%) ActiveMQ
10 12 (3.02%) Akka
11 11 (2.76%) AngularJS
11 11 (2.76%) CSS
12 10 (2.51%) JMS
12 10 (2.51%) .NET Framework
13 9 (2.26%) REST
14 7 (1.76%) JDBC
Miscellaneous
1 132 (33.17%) Credit Risk
2 48 (12.06%) Derivative
3 41 (10.30%) Analytical Skills
4 23 (5.78%) Foreign Exchange (FX)
5 21 (5.28%) Equities
6 20 (5.03%) Fixed Income
6 20 (5.03%) Grid Computing
7 12 (3.02%) PMI
7 12 (3.02%) Equity Derivative
8 9 (2.26%) Management Information System
9 7 (1.76%) Interest Rate Derivative
9 7 (1.76%) Taxonomies
9 7 (1.76%) Hedge funds
10 6 (1.51%) Mathematics
11 5 (1.26%) Computer Science
11 5 (1.26%) Replication
12 4 (1.01%) Credit Derivative
12 4 (1.01%) Statistics
12 4 (1.01%) Data Extraction
13 3 (0.75%) Equity Risk
Operating Systems
1 40 (10.05%) UNIX
2 28 (7.04%) Windows
3 27 (6.78%) Linux
4 3 (0.75%) Solaris
4 3 (0.75%) Windows Server 2008
5 2 (0.50%) Windows Server 2012
6 1 (0.25%) Windows Server 2003
Processes & Methodologies
1 100 (25.13%) Risk Management
2 87 (21.86%) Agile Software Development
3 43 (10.80%) Project Management
3 43 (10.80%) Analytics
4 41 (10.30%) OO
5 35 (8.79%) Stress Testing
6 33 (8.29%) Business Analysis
6 33 (8.29%) TDD
7 32 (8.04%) Data Modelling
8 31 (7.79%) SDLC
9 25 (6.28%) Data Management
10 24 (6.03%) User Acceptance Testing
11 23 (5.78%) Scrum
11 23 (5.78%) Business Intelligence
12 22 (5.53%) PRINCE2
13 20 (5.03%) BDD
14 18 (4.52%) Migration
14 18 (4.52%) Continuous Integration
15 16 (4.02%) Multithreading
15 16 (4.02%) Asset Management
Programming Languages
1 131 (32.91%) SQL
2 117 (29.40%) Java
3 84 (21.11%) C#
4 40 (10.05%) VBA
5 32 (8.04%) Python
5 32 (8.04%) C++
6 23 (5.78%) Perl
7 20 (5.03%) T-SQL
8 17 (4.27%) Scala
9 14 (3.52%) JavaScript
10 11 (2.76%) MATLAB
11 9 (2.26%) R
12 8 (2.01%) PowerShell
13 6 (1.51%) PHP
14 5 (1.26%) Shell Script
14 5 (1.26%) VB.NET
15 4 (1.01%) Korn
16 2 (0.50%) XPath
16 2 (0.50%) VB6
16 2 (0.50%) C
Qualifications
1 35 (8.79%) Degree
2 13 (3.27%) PMI Certification
3 2 (0.50%) ISEB
3 2 (0.50%) PRINCE2 Certification
4 1 (0.25%) A+ Certification
4 1 (0.25%) PMP
4 1 (0.25%) ACCA
4 1 (0.25%) CIMA
4 1 (0.25%) CFA
4 1 (0.25%) PhD
Quality Assurance & Compliance
1 12 (3.02%) QA
2 11 (2.76%) Basel III
3 10 (2.51%) MiFID
4 5 (1.26%) SLA
4 5 (1.26%) EMIR
4 5 (1.26%) CRD IV
4 5 (1.26%) COREP
4 5 (1.26%) FINREP
5 4 (1.01%) AIFMD
5 4 (1.01%) Data Quality
6 3 (0.75%) Dodd-Frank
7 2 (0.50%) Basel II
8 1 (0.25%) Sarbanes-Oxley
System Software
1 8 (2.01%) GridGain
2 5 (1.26%) HDFS
2 5 (1.26%) Active Directory
3 4 (1.01%) Apache Flume
Systems Management
1 8 (2.01%) HP Quality Center
2 4 (1.01%) Oozie
3 3 (0.75%) Control-M
4 1 (0.25%) Hadoop YARN
Vendors
1 46 (11.56%) Oracle
2 39 (9.80%) Microsoft
3 16 (4.02%) Sybase
4 11 (2.76%) Murex
5 8 (2.01%) Calypso
6 6 (1.51%) SunGard
7 5 (1.26%) Citrix
8 3 (0.75%) HP
9 2 (0.50%) SAP
9 2 (0.50%) Cognos
9 2 (0.50%) Reuters
9 2 (0.50%) Bloomberg
9 2 (0.50%) BT
9 2 (0.50%) Tableau
9 2 (0.50%) Vertica
9 2 (0.50%) Cloudera
9 2 (0.50%) Actian
10 1 (0.25%) MicroStrategy
10 1 (0.25%) Infragistics
10 1 (0.25%) Brady
London
Nicoll Curtin
Rate: £600 per day
Posted: 4 days ago
London
TEKsystems
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
Hudson IT
Rate: £610 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 6 days ago
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 6 days ago
London
iKonnect
Rate: £550 - £650 per day
Posted: 7 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 12 days ago
London
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 17 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per annum
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per annum
Posted: 18 days ago
City of London
Deerfoot IT
Rate: £300 - £350 per day + 6 month term
Posted: 18 days ago
London
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 18 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
London
Real Staffing
Rate: £500 - £650 per day +
Posted: 21 days ago
London
iKonnect
Rate: £550 - £650 per day
Posted: 22 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: 24 days ago
London
Real Staffing
Rate: £500 per day + competitive
Posted: 25 days ago
London
iKonnect
Rate: £575 - £650 per day
Posted: 26 days ago