The table below looks at the prevalence of the term Market Risk in IT contracts advertised across the UK. 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 461 429 387
Rank change year-on-year
-32 -42
Contract jobs citing Market Risk 166 183 204
As % of all contract IT jobs located in the UK 0.32% 0.35% 0.41%
As % of the Miscellaneous category 1.00% 1.13% 1.28%
Number of daily rates quoted 106 140 162
Average daily rate £600 £550 £588
Average daily rate % change year-on-year
+9.09% -6.38%
90% offered a daily rate of more than £475 £375 £472
10% offered a daily rate of more than £988 £728 £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 - - -

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
16596 16129 15942
As % of all contract IT jobs located in the UK 32.26% 31.14% 32.06%
Number of daily rates quoted 10700 10027 9635
Average daily rate £425 £415 £405
Average daily rate % change year-on-year
+2.40% +2.46%
90% offered a daily rate of more than £250 £240 £230
10% offered a daily rate of more than £623 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 663 688 665
Average hourly rate £21.50 £18.00 £19.00
Average hourly rate % change year-on-year
+19.44% -5.26%
90% offered a hourly rate of more than £12.50 £11.50 £11.51
10% offered a hourly rate of more than £52.63 £40.00 £42.50
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

Market Risk
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Market Risk within the UK as a proportion of the total demand within the Miscellaneous category.

Market Risk Jobs Demand Trend in the UK

Market Risk
Daily Rate Trend

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

Market Risk Daily Rate Trend in the UK

Market Risk
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Market Risk within the UK over the 3 months to 11 February 2016.

Market Risk Daily Rate Histogram in the UK

Market Risk
Hourly Rate Trend

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

Market Risk Hourly Rate Trend in the UK

Market Risk
Top 13 Contract Locations

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 UK 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
England -8 164 £600 +4.34% 20
London -1 157 £600 +4.34% 19
City of London +25 28 £555 -3.47% 2
Milton Keynes - 3 £625 -
Buckinghamshire - 3 £625 -
South East - 3 £625 -
Midlands - 2 £600 -
North West - 2 £360 -
Manchester - 2 £360 -
Docklands, London 0 1 £375 -36.97%
Canary Wharf 0 1 £840 +72.30%
Edinburgh -14 1 - -
Scotland -14 1 - -

Market Risk
Top 30 Related IT Skills

For the 6 months to 11 February 2016, IT contractor jobs within the UK 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.

1 255 (63.75%) Banking
2 250 (62.50%) Finance
3 180 (45.00%) Investment Banking
4 128 (32.00%) Credit Risk
5 122 (30.50%) SQL
6 112 (28.00%) Front Office
7 110 (27.50%) Risk Management
8 100 (25.00%) Derivative
9 79 (19.75%) Agile Software Development
10 75 (18.75%) C#
11 60 (15.00%) Foreign Exchange (FX)
12 58 (14.50%) Analytics
13 56 (14.00%) .NET
14 55 (13.75%) Degree
15 52 (13.00%) Java
16 50 (12.50%) Business Analysis
17 49 (12.25%) Fixed Income
18 47 (11.75%) SQL Server
19 44 (11.00%) Stress Testing
19 44 (11.00%) Analytical Skills
19 44 (11.00%) Murex
20 42 (10.50%) Project Management
20 42 (10.50%) C++
21 40 (10.00%) Equities
22 36 (9.00%) VBA
23 35 (8.75%) Calypso
24 32 (8.00%) User Acceptance Testing
25 31 (7.75%) Mathematics
26 30 (7.50%) Migration
27 29 (7.25%) Validation

Market Risk
Top Related IT Skills by Category

For the 6 months to 11 February 2016, IT contractor jobs within the UK 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 (3.75%) Oracle Coherence
2 11 (2.75%) Apache Spark
3 7 (1.75%) Node.js
3 7 (1.75%) SAS
4 5 (1.25%) SharePoint
5 4 (1.00%) GemFire
6 1 (0.25%) Exchange Server 2010
6 1 (0.25%) IIS
6 1 (0.25%) MS Exchange
6 1 (0.25%) Oracle Workflow
6 1 (0.25%) Skype for Business
Applications
1 19 (4.75%) MS Excel
1 19 (4.75%) MS Office
2 12 (3.00%) Spreadsheet
3 6 (1.50%) MS Visio
4 2 (0.50%) MS PowerPoint
4 2 (0.50%) MS Project
5 1 (0.25%) SPSS
Business Applications
1 18 (4.50%) Summit
2 7 (1.75%) Adaptiv
3 2 (0.50%) Endur
4 1 (0.25%) Markit EDM
Cloud Services
1 1 (0.25%) Amazon AWS
Communications & Networking
1 3 (0.75%) SAN
2 1 (0.25%) Cisco ASA
2 1 (0.25%) Firewall
2 1 (0.25%) LAN
2 1 (0.25%) VoIP
2 1 (0.25%) VPN
2 1 (0.25%) WAN
2 1 (0.25%) Wi-Fi
Database & Business Intelligence
1 47 (11.75%) SQL Server
2 28 (7.00%) Data Warehouse
3 19 (4.75%) Big Data
4 17 (4.25%) Relational Database
5 16 (4.00%) SQL Server Integration Services
6 14 (3.50%) Hadoop
7 10 (2.50%) SQL Server Reporting Services
8 8 (2.00%) NoSQL
8 8 (2.00%) OLAP
8 8 (2.00%) SQL Server 2008
8 8 (2.00%) SQL Server Analysis Services
9 7 (1.75%) MongoDB
9 7 (1.75%) Oracle Database
9 7 (1.75%) RDBMS
9 7 (1.75%) SQL Server 2012
10 5 (1.25%) Apache Cassandra
10 5 (1.25%) Data Mining
10 5 (1.25%) HBase
10 5 (1.25%) MS Access
10 5 (1.25%) Oracle Database 10g
Development Applications
1 19 (4.75%) Maven
2 15 (3.75%) JIRA
3 12 (3.00%) Subversion
4 7 (1.75%) Grunt
4 7 (1.75%) Jasmine
4 7 (1.75%) Mocha
5 5 (1.25%) JUnit
6 4 (1.00%) Hudson
6 4 (1.00%) SonarQube
7 2 (0.50%) Atlassian Bamboo
7 2 (0.50%) ERwin
7 2 (0.50%) SQL Server Management Studio (SSMS)
8 1 (0.25%) Eclipse
8 1 (0.25%) Git (software)
8 1 (0.25%) TeamCity
General
1 255 (63.75%) Banking
2 250 (62.50%) Finance
3 180 (45.00%) Investment Banking
4 112 (28.00%) Front Office
5 29 (7.25%) Back Office
6 11 (2.75%) Corporate Banking
6 11 (2.75%) Financial Institution
7 7 (1.75%) Legal
8 5 (1.25%) General Ledger
9 3 (0.75%) International Banking
10 2 (0.50%) Marketing
11 1 (0.25%) Retail
11 1 (0.25%) Retail Banking
11 1 (0.25%) Wholesale Banking
Job Titles
1 181 (45.25%) Analyst
2 139 (34.75%) Business Analyst
3 124 (31.00%) Developer
4 104 (26.00%) Risk Analyst
5 82 (20.50%) Risk Business Analyst
6 58 (14.50%) Market Risk Analyst
7 51 (12.75%) Risk Manager
8 49 (12.25%) Banking Analyst
9 47 (11.75%) Market Risk Business Analyst
10 43 (10.75%) Project Manager
11 38 (9.50%) Java Developer
12 34 (8.50%) Market Risk Developer
13 31 (7.75%) C# Developer
14 30 (7.50%) Risk Project Manager
15 29 (7.25%) Investment Banking Business Analyst
16 25 (6.25%) IT Analyst
17 24 (6.00%) Market Risk Project Manager
17 24 (6.00%) Report Analyst
17 24 (6.00%) Senior Analyst
18 23 (5.75%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 56 (14.00%) .NET
2 27 (6.75%) WPF
3 25 (6.25%) ASP.NET
4 23 (5.75%) WCF
5 19 (4.75%) Spring
6 17 (4.25%) XML
7 15 (3.75%) .NET Framework
8 14 (3.50%) MDX
9 12 (3.00%) RESTful
10 11 (2.75%) FpML
10 11 (2.75%) HTML
10 11 (2.75%) HTML5
11 9 (2.25%) AngularJS
12 8 (2.00%) Web Services
13 7 (1.75%) CSS
14 6 (1.50%) ActiveMQ
15 5 (1.25%) ASP.NET MVC
15 5 (1.25%) Entity Framework
16 4 (1.00%) Ajax
17 3 (0.75%) Microsoft Enterprise Library
Miscellaneous
1 128 (32.00%) Credit Risk
2 100 (25.00%) Derivative
3 60 (15.00%) Foreign Exchange (FX)
4 49 (12.25%) Fixed Income
5 44 (11.00%) Analytical Skills
6 40 (10.00%) Equities
7 31 (7.75%) Mathematics
8 26 (6.50%) Equity Derivative
8 26 (6.50%) Hedge funds
9 25 (6.25%) Grid Computing
10 18 (4.50%) Credit Derivative
11 13 (3.25%) PMI
12 9 (2.25%) Management Information System
12 9 (2.25%) Physics
13 8 (2.00%) Statistics
14 7 (1.75%) Data Structures
15 4 (1.00%) Reference Data
16 3 (0.75%) Economics
16 3 (0.75%) N-Tier
17 2 (0.50%) Interest Rate Derivative
Operating Systems
1 21 (5.25%) Linux
2 18 (4.50%) Unix
3 17 (4.25%) Windows
4 1 (0.25%) Red Hat Enterprise Linux
4 1 (0.25%) Windows 7
4 1 (0.25%) Windows Server
4 1 (0.25%) Windows Server 2008
Processes & Methodologies
1 110 (27.50%) Risk Management
2 79 (19.75%) Agile Software Development
3 58 (14.50%) Analytics
4 50 (12.50%) Business Analysis
5 44 (11.00%) Stress Testing
6 42 (10.50%) Project Management
7 32 (8.00%) User Acceptance Testing
8 30 (7.50%) Migration
9 29 (7.25%) Validation
10 27 (6.75%) SDLC
11 26 (6.50%) Monte Carlo Method
12 23 (5.75%) Stakeholder Management
13 20 (5.00%) Algorithmic Trading
13 20 (5.00%) Data Analysis
13 20 (5.00%) Multithreading
14 19 (4.75%) Scrum
15 17 (4.25%) Risk Analysis
16 16 (4.00%) Automated Testing
16 16 (4.00%) Greeks
16 16 (4.00%) TDD
Programming Languages
1 122 (30.50%) SQL
2 75 (18.75%) C#
3 52 (13.00%) Java
4 42 (10.50%) C++
5 36 (9.00%) VBA
6 16 (4.00%) JavaScript
7 15 (3.75%) T-SQL
8 10 (2.50%) Korn
8 10 (2.50%) Scala
9 9 (2.25%) Python
10 8 (2.00%) R
11 7 (1.75%) PowerShell
12 6 (1.50%) MATLAB
12 6 (1.50%) Shell Script
12 6 (1.50%) VB
13 5 (1.25%) PL/SQL
14 4 (1.00%) VC++
15 2 (0.50%) ANSI SQL
15 2 (0.50%) C
15 2 (0.50%) VB6
Qualifications
1 55 (13.75%) Degree
2 17 (4.25%) PhD
3 14 (3.50%) PMI Certification
4 3 (0.75%) CFA
5 2 (0.50%) CISM
5 2 (0.50%) CISSP
5 2 (0.50%) PMP
6 1 (0.25%) ISEB
6 1 (0.25%) ISTQB
Quality Assurance & Compliance
1 27 (6.75%) QA
2 24 (6.00%) MiFID
3 22 (5.50%) EMIR
4 20 (5.00%) Data Quality
5 18 (4.50%) AIFMD
6 7 (1.75%) Basel III
7 3 (0.75%) Dodd-Frank
7 3 (0.75%) FATCA
7 3 (0.75%) SLA
8 2 (0.50%) CRD IV
System Software
1 2 (0.50%) Active Directory
2 1 (0.25%) Platform Symphony
Systems Management
1 4 (1.00%) Control-M
2 2 (0.50%) HP Quality Center
3 1 (0.25%) WSUS
Vendors
1 44 (11.00%) Murex
2 35 (8.75%) Calypso
3 23 (5.75%) Microsoft
3 23 (5.75%) Oracle
4 17 (4.25%) Sybase
5 12 (3.00%) Algorithmics
6 10 (2.50%) DataSynapse
7 6 (1.50%) SunGard
8 5 (1.25%) Sophis
9 3 (0.75%) Bloomberg
9 3 (0.75%) CheckPoint
10 2 (0.50%) Citrix
10 2 (0.50%) Cognos
10 2 (0.50%) IBM
10 2 (0.50%) Vertica
11 1 (0.25%) Cisco
11 1 (0.25%) Genesys
11 1 (0.25%) HP
11 1 (0.25%) Red Hat
11 1 (0.25%) Remedy
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