The first 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 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

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
16 Apr 2014
Same period 2013 Same period 2012
Market Risk
Rank 250 157 120
Rank change year-on-year
-93 -37
Contract jobs citing Market Risk 172 282 460
As % of all contract IT jobs located in London 0.69% 1.28% 1.64%
As % of the Miscellaneous category 2.22% 3.91% 5.27%
Number of daily rates quoted 133 180 341
Average daily rate £550 £575 £550
Average daily rate % change year-on-year
-4.34% +4.54%
90% offered a daily rate of more than £425 £425 £400
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £783 £513 £413
% change year-on-year
+52.68% +24.24%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £17.00
UK excluding London average hourly rate - - -
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7734 7218 8733
As % of all contract IT jobs located in London 31.25% 32.84% 31.17%
Number of daily rates quoted 5452 5033 5839
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.26% -
90% offered a daily rate of more than £275 £275 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £345 £348
% change year-on-year
+1.44% -0.71%
Number of hourly rates quoted 146 169 227
Average hourly rate £21.00 £22.00 £22.50
Average hourly rate % change year-on-year
-4.54% -2.22%
90% offered a hourly rate of more than £13.50 £14.15 £13.00
10% offered a hourly rate of more than £41.00 £52.80 £47.65
UK excluding London average hourly rate £17.50 £22.50 £25.00
% change year-on-year
-22.22% -10.00%
Market Risk
England

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 16 April 2014.

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 16 April 2014. 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 each for more statistics)
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
Find
Job
Vacancies
City of London -58 59 £550 -4.34% 12
Canary Wharf +11 1 £650 +10.63%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 16 April 2014, 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.

1 200 (50.00%) Banking
2 164 (41.00%) Credit Risk
3 159 (39.75%) Finance
4 151 (37.75%) Investment Banking
5 144 (36.00%) SQL
6 124 (31.00%) Front Office
7 99 (24.75%) C#
8 87 (21.75%) Risk Management
9 80 (20.00%) Derivative
10 57 (14.25%) Oracle
11 53 (13.25%) VBA
12 52 (13.00%) Business Analysis
13 51 (12.75%) Stress Testing
14 50 (12.50%) C++
15 48 (12.00%) Foreign Exchange (FX)
16 46 (11.50%) Degree
17 45 (11.25%) .NET
18 43 (10.75%) Project Management
19 39 (9.75%) Agile Software Development
19 39 (9.75%) Data Warehouse
20 36 (9.00%) User Acceptance Testing
21 34 (8.50%) Data Modelling
22 33 (8.25%) Basel III
23 32 (8.00%) Analytics
23 32 (8.00%) Windows
24 31 (7.75%) Microsoft
24 31 (7.75%) SQL Server
25 30 (7.50%) Java
26 28 (7.00%) Fixed Income
27 26 (6.50%) Stakeholder Management

Market Risk
Top Related IT Skills in London by Category

For the 6 months to 16 April 2014, 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 10 (2.50%) Oracle Coherence
2 8 (2.00%) SharePoint
3 3 (0.75%) SharePoint Server
3 3 (0.75%) GemFire
4 1 (0.25%) TIBCO EMS
4 1 (0.25%) IIS
4 1 (0.25%) MQSeries
4 1 (0.25%) SharePoint 2010
Applications
1 25 (6.25%) MS Excel
2 16 (4.00%) MS Visio
3 13 (3.25%) MS PowerPoint
4 8 (2.00%) MS Office
5 4 (1.00%) MS Project
6 2 (0.50%) Spreadsheet
7 1 (0.25%) PowerPivot
Business Applications
1 3 (0.75%) Adaptiv
2 1 (0.25%) Front Arena
Communications & Networking
1 2 (0.50%) FTP
Database & Business Intelligence
1 39 (9.75%) Data Warehouse
2 31 (7.75%) SQL Server
3 25 (6.25%) SQL Server Analysis Services
4 22 (5.50%) Oracle Database
5 19 (4.75%) Relational Database
6 14 (3.50%) SQL Server Integration Services
7 13 (3.25%) SQL Server Reporting Services
8 12 (3.00%) SQL Server 2008
9 9 (2.25%) Oracle Database 11g
9 9 (2.25%) NoSQL
10 8 (2.00%) RDBMS
11 6 (1.50%) OLAP
12 5 (1.25%) MongoDB
13 4 (1.00%) Oracle OLAP
13 4 (1.00%) MS Access
13 4 (1.00%) Oracle Database 10g
14 3 (0.75%) SQLPlus
14 3 (0.75%) SQL Server 2012
15 2 (0.50%) Apache Cassandra
15 2 (0.50%) QlikView
Development Applications
1 16 (4.00%) JIRA
2 12 (3.00%) Subversion
3 11 (2.75%) CruiseControl
4 10 (2.50%) Maven
5 9 (2.25%) Team Foundation Server
6 6 (1.50%) TeamCity
6 6 (1.50%) Git (software)
6 6 (1.50%) ClearCase
6 6 (1.50%) JUnit
6 6 (1.50%) NUnit
7 3 (0.75%) Toad
8 2 (0.50%) Selenium
8 2 (0.50%) jMock
8 2 (0.50%) Hudson
8 2 (0.50%) Visual Studio
8 2 (0.50%) QuickTest Pro
9 1 (0.25%) LoadRunner
General
1 200 (50.00%) Banking
2 159 (39.75%) Finance
3 151 (37.75%) Investment Banking
4 124 (31.00%) Front Office
5 19 (4.75%) Back Office
6 9 (2.25%) Financial Institution
7 8 (2.00%) Retail
8 4 (1.00%) Retail Banking
9 3 (0.75%) Wholesale Banking
9 3 (0.75%) International Banking
10 2 (0.50%) Legal
11 1 (0.25%) Marketing
11 1 (0.25%) German Language
Job Titles
1 162 (40.50%) Analyst
2 136 (34.00%) Developer
3 111 (27.75%) Business Analyst
4 61 (15.25%) Project Manager
5 44 (11.00%) Market Risk Analyst
6 40 (10.00%) Risk Analyst
7 34 (8.50%) Market Risk Business Analyst
8 32 (8.00%) C# Developer
9 30 (7.50%) Credit Risk Analyst
10 27 (6.75%) Credit Risk Business Analyst
11 25 (6.25%) C++ Developer
12 24 (6.00%) Risk Manager
13 21 (5.25%) Investment Banking Business Analyst
14 17 (4.25%) Banking Business Analyst
15 16 (4.00%) Architect
16 15 (3.75%) Market Analyst
17 13 (3.25%) Business Manager
17 13 (3.25%) Business Project Manager
18 12 (3.00%) Senior Business Analyst
18 12 (3.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 45 (11.25%) .NET
2 15 (3.75%) WCF
2 15 (3.75%) WPF
3 10 (2.50%) MDX
4 9 (2.25%) ASP.NET
5 8 (2.00%) LINQ
5 8 (2.00%) STL
5 8 (2.00%) XML
6 6 (1.50%) J2EE
7 5 (1.25%) WinForms
8 4 (1.00%) ASP.NET MVC
8 4 (1.00%) HTML
8 4 (1.00%) .NET Framework
8 4 (1.00%) Spring
9 3 (0.75%) JSON
9 3 (0.75%) CSS
9 3 (0.75%) JDBC
9 3 (0.75%) Web Services
9 3 (0.75%) JMS
9 3 (0.75%) Flash
Miscellaneous
1 164 (41.00%) Credit Risk
2 80 (20.00%) Derivative
3 48 (12.00%) Foreign Exchange (FX)
4 28 (7.00%) Fixed Income
5 23 (5.75%) Credit Derivative
6 19 (4.75%) Equity Derivative
7 13 (3.25%) Mathematics
8 12 (3.00%) Computer Science
9 10 (2.50%) Equities
10 7 (1.75%) Statistics
10 7 (1.75%) Management Information System
11 6 (1.50%) Economics
12 5 (1.25%) Interest Rate Derivative
12 5 (1.25%) Wiki
13 4 (1.00%) SWIFT
13 4 (1.00%) Physics
13 4 (1.00%) Reference Data
14 3 (0.75%) N-Tier
14 3 (0.75%) Visualisation
14 3 (0.75%) iPad
Operating Systems
1 32 (8.00%) Windows
2 9 (2.25%) UNIX
3 5 (1.25%) Linux
4 2 (0.50%) Windows Server 2003
5 1 (0.25%) Windows XP
Processes & Methodologies
1 87 (21.75%) Risk Management
2 52 (13.00%) Business Analysis
3 51 (12.75%) Stress Testing
4 43 (10.75%) Project Management
5 39 (9.75%) Agile Software Development
6 36 (9.00%) User Acceptance Testing
7 34 (8.50%) Data Modelling
8 32 (8.00%) Analytics
9 26 (6.50%) Stakeholder Management
9 26 (6.50%) Data Analysis
10 22 (5.50%) Use Case
11 19 (4.75%) Systems Analysis
11 19 (4.75%) Validation
11 19 (4.75%) Scrum
12 17 (4.25%) ETL
13 15 (3.75%) Monte Carlo Method
14 14 (3.50%) Greeks
15 13 (3.25%) TDD
15 13 (3.25%) UML
15 13 (3.25%) Performance Tuning
Programming Languages
1 144 (36.00%) SQL
2 99 (24.75%) C#
3 53 (13.25%) VBA
4 50 (12.50%) C++
5 30 (7.50%) Java
6 26 (6.50%) PL/SQL
7 16 (4.00%) Python
8 9 (2.25%) T-SQL
9 4 (1.00%) Groovy
9 4 (1.00%) JavaScript
10 3 (0.75%) Perl
10 3 (0.75%) VC++
11 2 (0.50%) VB.NET
12 1 (0.25%) Shell Script
12 1 (0.25%) VBScript
12 1 (0.25%) C
Qualifications
1 46 (11.50%) Degree
2 7 (1.75%) PhD
3 3 (0.75%) ISTQB
3 3 (0.75%) ISEB
4 2 (0.50%) Postgraduate
4 2 (0.50%) PMI Certification
5 1 (0.25%) Microsoft Certification
5 1 (0.25%) PMP
5 1 (0.25%) MCP
Quality Assurance & Compliance
1 33 (8.25%) Basel III
2 15 (3.75%) EMIR
2 15 (3.75%) CRD IV
2 15 (3.75%) Dodd-Frank
3 14 (3.50%) QA
4 7 (1.75%) Basel II
5 5 (1.25%) COREP
5 5 (1.25%) FINREP
6 3 (0.75%) SLA
6 3 (0.75%) ISO 9001
6 3 (0.75%) Solvency II
7 1 (0.25%) Sarbanes-Oxley
7 1 (0.25%) Data Quality
Systems Management
1 10 (2.50%) HP Quality Center
Vendors
1 57 (14.25%) Oracle
2 31 (7.75%) Microsoft
3 14 (3.50%) Business Objects
3 14 (3.50%) DataSynapse
4 11 (2.75%) Sybase
5 10 (2.50%) Murex
6 8 (2.00%) Informatica
7 7 (1.75%) SunGard
7 7 (1.75%) HP
8 3 (0.75%) Actuate
8 3 (0.75%) TIBCO
8 3 (0.75%) Remedy
8 3 (0.75%) Charles River
8 3 (0.75%) Vertica
8 3 (0.75%) DevExpress
9 2 (0.50%) Sun
9 2 (0.50%) Pegasus
9 2 (0.50%) CA
9 2 (0.50%) Perforce
9 2 (0.50%) Ab Initio
City, London
Hydrogen Group
Rate: £560.00 - £685.00 per day
Posted: 17 hours ago
London
iKonnect
Rate: £500 - £600 per day
Posted: 22 hours ago
London
Harrington Starr
Rate: £350 - £400 per day
Posted: 22 hours ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per annum
Posted: Yesterday
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: Yesterday
London
Argyll Scott
Rate: £500 - £550 per day
Posted: Yesterday
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 7 days ago
London
Huxley Associates
Rate: £600 - £700 per day
Posted: 15 days ago
London
Nicoll Curtin
Rate: £500 - £700 per day
Posted: 19 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £520.00 per annum
Posted: 19 days ago
City of London
Huxley Associates
Rate: £400 - £500 per day
Posted: 20 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 20 days ago