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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
Market Risk
Rank 255 254 226
Rank change year-on-year
-1 -28
Contract jobs citing Market Risk 157 170 199
As % of all contract IT jobs located in London 0.74% 0.80% 0.90%
As % of the Miscellaneous category 2.07% 2.22% 2.38%
Number of daily rates quoted 100 129 158
Average daily rate £600 £575 £590
Average daily rate % change year-on-year
+4.34% -2.54%
90% offered a daily rate of more than £484 £375 £486
10% offered a daily rate of more than £1,100 £750 £750
UK excluding London average daily rate £500 £400 £410
% change year-on-year
+25.00% -2.43%
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
7569 7666 8365
As % of all contract IT jobs located in London 35.74% 36.15% 38.00%
Number of daily rates quoted 5294 5373 5683
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £285 £286 £252
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 132 151 161
Average hourly rate £20.00 £20.00 £24.00
Average hourly rate % change year-on-year
-0.02% -16.66%
90% offered a hourly rate of more than £13.00 £13.47 £13.50
10% offered a hourly rate of more than £42.50 £37.00 £48.74
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

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 11 February 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 average contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 11 February 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
(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 +25 28 £555 -3.47% 3
Docklands, London 0 1 £375 -36.97%
Canary Wharf 0 1 £840 +72.30%
Market Risk
England

Market Risk
Top 30 Related IT Skills in London

For the 6 months to 11 February 2016, 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.

1 247 (63.66%) Banking
2 242 (62.37%) Finance
3 178 (45.88%) Investment Banking
4 121 (31.19%) SQL
5 120 (30.93%) Credit Risk
6 112 (28.87%) Front Office
7 110 (28.35%) Risk Management
8 100 (25.77%) Derivative
9 77 (19.85%) Agile Software Development
10 75 (19.33%) C#
11 60 (15.46%) Foreign Exchange (FX)
12 56 (14.43%) .NET
13 55 (14.18%) Analytics
13 55 (14.18%) Degree
14 52 (13.40%) Java
15 49 (12.63%) Fixed Income
15 49 (12.63%) Business Analysis
16 47 (12.11%) SQL Server
17 44 (11.34%) Murex
18 43 (11.08%) Stress Testing
19 42 (10.82%) Project Management
20 41 (10.57%) C++
20 41 (10.57%) Analytical Skills
21 40 (10.31%) Equities
22 36 (9.28%) VBA
23 35 (9.02%) Calypso
24 32 (8.25%) User Acceptance Testing
25 31 (7.99%) Mathematics
26 30 (7.73%) Migration
27 29 (7.47%) Validation

Market Risk
Top Related IT Skills in London by Category

For the 6 months to 11 February 2016, 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 15 (3.87%) Oracle Coherence
2 11 (2.84%) Apache Spark
3 7 (1.80%) Node.js
4 5 (1.29%) SharePoint
5 4 (1.03%) GemFire
6 1 (0.26%) Exchange Server 2010
6 1 (0.26%) IIS
6 1 (0.26%) MS Exchange
6 1 (0.26%) Oracle Workflow
6 1 (0.26%) SAS
6 1 (0.26%) Skype for Business
Applications
1 19 (4.90%) MS Excel
1 19 (4.90%) MS Office
2 11 (2.84%) Spreadsheet
3 6 (1.55%) MS Visio
4 2 (0.52%) MS PowerPoint
4 2 (0.52%) MS Project
5 1 (0.26%) SPSS
Business Applications
1 18 (4.64%) Summit
2 7 (1.80%) Adaptiv
3 2 (0.52%) Endur
4 1 (0.26%) Markit EDM
Cloud Services
1 1 (0.26%) Amazon AWS
Communications & Networking
1 3 (0.77%) SAN
2 1 (0.26%) Cisco ASA
2 1 (0.26%) Firewall
2 1 (0.26%) LAN
2 1 (0.26%) VoIP
2 1 (0.26%) VPN
2 1 (0.26%) WAN
2 1 (0.26%) Wi-Fi
Database & Business Intelligence
1 47 (12.11%) SQL Server
2 28 (7.22%) Data Warehouse
3 19 (4.90%) Big Data
4 16 (4.12%) Relational Database
4 16 (4.12%) SQL Server Integration Services
5 14 (3.61%) Hadoop
6 10 (2.58%) SQL Server Reporting Services
7 8 (2.06%) OLAP
7 8 (2.06%) SQL Server 2008
7 8 (2.06%) SQL Server Analysis Services
8 7 (1.80%) MongoDB
8 7 (1.80%) NoSQL
8 7 (1.80%) Oracle Database
8 7 (1.80%) SQL Server 2012
9 6 (1.55%) RDBMS
10 5 (1.29%) Apache Cassandra
10 5 (1.29%) Data Mining
10 5 (1.29%) HBase
10 5 (1.29%) MS Access
10 5 (1.29%) Oracle Database 10g
Development Applications
1 19 (4.90%) Maven
2 14 (3.61%) JIRA
3 11 (2.84%) Subversion
4 7 (1.80%) Grunt
4 7 (1.80%) Jasmine
4 7 (1.80%) Mocha
5 5 (1.29%) JUnit
6 4 (1.03%) Hudson
6 4 (1.03%) SonarQube
7 2 (0.52%) Atlassian Bamboo
7 2 (0.52%) ERwin
7 2 (0.52%) SQL Server Management Studio (SSMS)
8 1 (0.26%) Eclipse
8 1 (0.26%) Git (software)
8 1 (0.26%) TeamCity
General
1 247 (63.66%) Banking
2 242 (62.37%) Finance
3 178 (45.88%) Investment Banking
4 112 (28.87%) Front Office
5 29 (7.47%) Back Office
6 11 (2.84%) Corporate Banking
7 9 (2.32%) Financial Institution
8 7 (1.80%) Legal
9 5 (1.29%) General Ledger
10 3 (0.77%) International Banking
11 1 (0.26%) Retail
11 1 (0.26%) Retail Banking
11 1 (0.26%) Wholesale Banking
Job Titles
1 175 (45.10%) Analyst
2 135 (34.79%) Business Analyst
3 121 (31.19%) Developer
4 99 (25.52%) Risk Analyst
5 78 (20.10%) Risk Business Analyst
6 53 (13.66%) Market Risk Analyst
7 51 (13.14%) Risk Manager
8 45 (11.60%) Banking Analyst
9 43 (11.08%) Market Risk Business Analyst
9 43 (11.08%) Project Manager
10 38 (9.79%) Java Developer
11 34 (8.76%) Market Risk Developer
12 31 (7.99%) C# Developer
13 30 (7.73%) Risk Project Manager
14 29 (7.47%) Investment Banking Business Analyst
15 25 (6.44%) IT Analyst
16 24 (6.19%) Market Risk Project Manager
16 24 (6.19%) Report Analyst
16 24 (6.19%) Senior Analyst
17 23 (5.93%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 56 (14.43%) .NET
2 27 (6.96%) WPF
3 25 (6.44%) ASP.NET
4 23 (5.93%) WCF
5 19 (4.90%) Spring
6 17 (4.38%) XML
7 15 (3.87%) .NET Framework
8 14 (3.61%) MDX
9 12 (3.09%) RESTful
10 11 (2.84%) FpML
10 11 (2.84%) HTML
10 11 (2.84%) HTML5
11 9 (2.32%) AngularJS
12 8 (2.06%) Web Services
13 7 (1.80%) CSS
14 6 (1.55%) ActiveMQ
15 5 (1.29%) ASP.NET MVC
15 5 (1.29%) Entity Framework
16 4 (1.03%) Ajax
17 3 (0.77%) Microsoft Enterprise Library
Miscellaneous
1 120 (30.93%) Credit Risk
2 100 (25.77%) Derivative
3 60 (15.46%) Foreign Exchange (FX)
4 49 (12.63%) Fixed Income
5 41 (10.57%) Analytical Skills
6 40 (10.31%) Equities
7 31 (7.99%) Mathematics
8 26 (6.70%) Equity Derivative
8 26 (6.70%) Hedge funds
9 24 (6.19%) Grid Computing
10 18 (4.64%) Credit Derivative
11 13 (3.35%) PMI
12 9 (2.32%) Management Information System
12 9 (2.32%) Physics
13 8 (2.06%) Statistics
14 7 (1.80%) Data Structures
15 4 (1.03%) Reference Data
16 3 (0.77%) Economics
16 3 (0.77%) N-Tier
17 2 (0.52%) Interest Rate Derivative
Operating Systems
1 20 (5.15%) Linux
2 17 (4.38%) Unix
2 17 (4.38%) Windows
3 1 (0.26%) Red Hat Enterprise Linux
3 1 (0.26%) Windows 7
3 1 (0.26%) Windows Server
3 1 (0.26%) Windows Server 2008
Processes & Methodologies
1 110 (28.35%) Risk Management
2 77 (19.85%) Agile Software Development
3 55 (14.18%) Analytics
4 49 (12.63%) Business Analysis
5 43 (11.08%) Stress Testing
6 42 (10.82%) Project Management
7 32 (8.25%) User Acceptance Testing
8 30 (7.73%) Migration
9 29 (7.47%) Validation
10 26 (6.70%) Monte Carlo Method
10 26 (6.70%) SDLC
11 22 (5.67%) Stakeholder Management
12 20 (5.15%) Algorithmic Trading
12 20 (5.15%) Data Analysis
13 19 (4.90%) Multithreading
13 19 (4.90%) Scrum
14 16 (4.12%) Automated Testing
14 16 (4.12%) PRINCE2
14 16 (4.12%) Risk Analysis
14 16 (4.12%) TDD
Programming Languages
1 121 (31.19%) SQL
2 75 (19.33%) C#
3 52 (13.40%) Java
4 41 (10.57%) C++
5 36 (9.28%) VBA
6 16 (4.12%) JavaScript
7 15 (3.87%) T-SQL
8 10 (2.58%) Scala
9 9 (2.32%) Korn
9 9 (2.32%) Python
10 8 (2.06%) R
11 7 (1.80%) PowerShell
12 6 (1.55%) MATLAB
12 6 (1.55%) VB
13 5 (1.29%) PL/SQL
13 5 (1.29%) Shell Script
14 4 (1.03%) VC++
15 2 (0.52%) ANSI SQL
15 2 (0.52%) C
15 2 (0.52%) VB6
Qualifications
1 55 (14.18%) Degree
2 17 (4.38%) PhD
3 14 (3.61%) PMI Certification
4 3 (0.77%) CFA
5 2 (0.52%) CISM
5 2 (0.52%) CISSP
5 2 (0.52%) PMP
6 1 (0.26%) ISEB
6 1 (0.26%) ISTQB
Quality Assurance & Compliance
1 27 (6.96%) QA
2 24 (6.19%) MiFID
3 22 (5.67%) EMIR
4 18 (4.64%) AIFMD
5 17 (4.38%) Data Quality
6 7 (1.80%) Basel III
7 3 (0.77%) Dodd-Frank
7 3 (0.77%) FATCA
7 3 (0.77%) SLA
8 2 (0.52%) CRD IV
System Software
1 2 (0.52%) Active Directory
2 1 (0.26%) Platform Symphony
Systems Management
1 4 (1.03%) Control-M
2 2 (0.52%) HP Quality Center
3 1 (0.26%) WSUS
Vendors
1 44 (11.34%) Murex
2 35 (9.02%) Calypso
3 23 (5.93%) Microsoft
4 22 (5.67%) Oracle
5 15 (3.87%) Sybase
6 12 (3.09%) Algorithmics
7 10 (2.58%) DataSynapse
8 6 (1.55%) SunGard
9 5 (1.29%) Sophis
10 3 (0.77%) Bloomberg
10 3 (0.77%) CheckPoint
11 2 (0.52%) Citrix
11 2 (0.52%) Cognos
11 2 (0.52%) IBM
11 2 (0.52%) Vertica
12 1 (0.26%) Cisco
12 1 (0.26%) Genesys
12 1 (0.26%) HP
12 1 (0.26%) Red Hat
12 1 (0.26%) Remedy
London
Aston Carter
Rate: £600 - £700 per day
Posted: 2 days ago
City, London
Networking People
Rate: £650 - £700 per day + Neg +++
Posted: 6 days ago
London
iKas International
Rate: £600 - £700 per day
Posted: 24 days ago
London
Orgtel
Rate: £600 - £700 per day
Posted: 28 days ago