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 contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 23 July 2016 with a comparison to the same period over 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.

3 months to
23 Jul 2016
Same period 2015 Same period 2014
Market Risk
Rank 520 421 423
Rank change year-on-year
-99 +2
Contract jobs citing Market Risk 124 234 205
As % of all contract IT jobs located in the UK 0.23% 0.41% 0.39%
As % of the Miscellaneous category 0.69% 1.27% 1.19%
Number of daily rates quoted 83 201 157
Median daily rate £640 £575 £543
Median daily rate % change year-on-year
+11.30% +5.99%
90% offered a daily rate of more than £484 £405 £400
10% offered a daily rate of more than £750 £675 £635
UK excluding London median daily rate £500 £538 £425
% change year-on-year
-6.97% +26.47%
Number of hourly rates quoted 2 0 0
Median hourly rate £65.00 - -
UK excluding London median 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
18100 18357 17221
As % of all contract IT jobs located in the UK 33.45% 32.24% 32.42%
Number of daily rates quoted 11664 11499 10412
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £250 £250 £238
10% offered a daily rate of more than £600 £603 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 632 720 691
Median hourly rate £21.00 £18.25 £20.18
Median hourly rate % change year-on-year
+15.06% -9.57%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £46.00 £47.15 £45.00
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

Market Risk
Jobs Demand Trend

The demand trend of contract jobs citing Market Risk as a proportion of all IT contracts with a match in 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 23 July 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
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Market Risk within the UK over the 3 months to 23 July 2016.

Market Risk Hourly Rate Histogram in the UK

Market Risk
Top 18 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the UK over the 3 months to 23 July 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -118 119 £650 +12.79% 19
London -96 114 £650 +13.04% 19
City of London -12 18 £675 +17.39% 4
Scotland +2 4 £500 +25.00% 1
Edinburgh -1 4 £500 +24.22%
South East 0 3 £650 +8.33%
Romford - 2 - -
Reading - 2 £650 -
Berkshire - 2 £650 -
Canary Wharf +1 1 £350 -17.06%
Belfast - 1 £425 -
West Midlands - 1 £350 -
East of England - 1 - -
Cambridge - 1 - -
Surrey - 1 - -
Northern Ireland - 1 £425 -
Cambridgeshire - 1 - -
County Antrim - 1 £425 -

Market Risk
Top 30 Related IT Skills

For the 6 months to 23 July 2016, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Market Risk.

1 173 (64.31%) Finance
2 144 (53.53%) Banking
3 100 (37.17%) Investment Banking
4 93 (34.57%) Credit Risk
5 84 (31.23%) Risk Management
6 68 (25.28%) Front Office
7 64 (23.79%) SQL
8 55 (20.45%) C#
9 53 (19.70%) Agile Software Development
10 49 (18.22%) Derivative
11 42 (15.61%) Murex
11 42 (15.61%) Java
12 37 (13.75%) Foreign Exchange (FX)
12 37 (13.75%) Analytical Skills
13 31 (11.52%) Business Analysis
14 30 (11.15%) Data Warehouse
15 29 (10.78%) Data Modelling
15 29 (10.78%) Project Management
15 29 (10.78%) Stress Testing
16 28 (10.41%) Oracle
16 28 (10.41%) Fixed Income
17 26 (9.67%) Stakeholder Management
18 25 (9.29%) C++
18 25 (9.29%) Python
19 23 (8.55%) Degree
20 22 (8.18%) Validation
20 22 (8.18%) Migration
20 22 (8.18%) SQL Server
21 21 (7.81%) Equities
21 21 (7.81%) Data Analysis

Market Risk
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 15 (5.58%) SAS
2 7 (2.60%) Apache Spark
3 5 (1.86%) Oracle Coherence
3 5 (1.86%) Tomcat
4 3 (1.12%) Confluence
4 3 (1.12%) Jetty
4 3 (1.12%) nginx
4 3 (1.12%) SharePoint
5 1 (0.37%) Exchange Server 2010
5 1 (0.37%) IIS
5 1 (0.37%) MS Exchange
5 1 (0.37%) Skype for Business
Applications
1 11 (4.09%) Spreadsheet
2 8 (2.97%) MS Excel
3 3 (1.12%) MS Office
3 3 (1.12%) MS PowerPoint
4 2 (0.74%) MS Visio
5 1 (0.37%) MS Project
5 1 (0.37%) SPSS
Business Applications
1 11 (4.09%) Summit
2 4 (1.49%) Front Arena
3 2 (0.74%) BusinessWorks
4 1 (0.37%) Adaptiv
4 1 (0.37%) Endur
Communications & Networking
1 3 (1.12%) Internet
2 1 (0.37%) Cisco ASA
2 1 (0.37%) Firewall
2 1 (0.37%) LAN
2 1 (0.37%) SAN
2 1 (0.37%) TCP/IP
2 1 (0.37%) VoIP
2 1 (0.37%) VPN
2 1 (0.37%) WAN
2 1 (0.37%) Wi-Fi
Database & Business Intelligence
1 30 (11.15%) Data Warehouse
2 22 (8.18%) SQL Server
3 13 (4.83%) Big Data
4 12 (4.46%) Hadoop
5 11 (4.09%) Star Schema
6 10 (3.72%) Relational Database
7 9 (3.35%) Data Mart
7 9 (3.35%) SQL Server 2008
7 9 (3.35%) SQL Server 2012
8 8 (2.97%) Apache Cassandra
9 5 (1.86%) Oracle Database
9 5 (1.86%) SQL Server Analysis Services
10 4 (1.49%) Apache Hive
10 4 (1.49%) Data Mining
10 4 (1.49%) SQL Server Integration Services
11 3 (1.12%) Impala
11 3 (1.12%) Neo4j
11 3 (1.12%) NoSQL
11 3 (1.12%) Oracle Database 11g
11 3 (1.12%) RDBMS
Development Applications
1 9 (3.35%) Maven
2 7 (2.60%) JIRA
2 7 (2.60%) JUnit
2 7 (2.60%) PowerDesigner
3 4 (1.49%) Ant
3 4 (1.49%) Jenkins
3 4 (1.49%) Subversion
4 3 (1.12%) Cucumber
4 3 (1.12%) Git (software)
4 3 (1.12%) Mockito
4 3 (1.12%) Team Foundation Server
4 3 (1.12%) TeamCity
5 2 (0.74%) SoapUI
5 2 (0.74%) SonarQube
5 2 (0.74%) Sonatype Nexus
6 1 (0.37%) Atlassian Bamboo
6 1 (0.37%) Hudson
6 1 (0.37%) jMock
6 1 (0.37%) NUnit
6 1 (0.37%) SpecFlow
General
1 173 (64.31%) Finance
2 144 (53.53%) Banking
3 100 (37.17%) Investment Banking
4 68 (25.28%) Front Office
5 14 (5.20%) Legal
6 8 (2.97%) Back Office
7 3 (1.12%) Retail
8 2 (0.74%) Advertising
8 2 (0.74%) Financial Institution
8 2 (0.74%) General Ledger
8 2 (0.74%) Marketing
8 2 (0.74%) Telecoms
9 1 (0.37%) French Language
9 1 (0.37%) Retail Banking
9 1 (0.37%) Spanish Language
Job Titles
1 108 (40.15%) Analyst
2 80 (29.74%) Business Analyst
3 75 (27.88%) Developer
4 73 (27.14%) Risk Analyst
5 51 (18.96%) Risk Business Analyst
6 48 (17.84%) Market Risk Analyst
7 35 (13.01%) Market Risk Business Analyst
8 27 (10.04%) Project Manager
9 26 (9.67%) Banking Analyst
10 23 (8.55%) Java Developer
11 22 (8.18%) Risk Manager
12 20 (7.43%) Investment Banking Business Analyst
13 18 (6.69%) SQL Developer
14 17 (6.32%) Market Risk Developer
14 17 (6.32%) Senior Developer
15 15 (5.58%) C# Developer
16 14 (5.20%) Data Modeller
16 14 (5.20%) Murex Analyst
16 14 (5.20%) Regulatory Business Analyst
17 13 (4.83%) Python Developer
Libraries, Frameworks & Software Standards
1 18 (6.69%) .NET
2 11 (4.09%) REST
2 11 (4.09%) Spring
3 8 (2.97%) WPF
4 6 (2.23%) Web Services
5 4 (1.49%) GWT
5 4 (1.49%) JNI
5 4 (1.49%) Murex MxML
6 3 (1.12%) AngularJS
6 3 (1.12%) CSS
6 3 (1.12%) CSS3
6 3 (1.12%) HTML
6 3 (1.12%) HTML5
6 3 (1.12%) J2EE
6 3 (1.12%) JDBC
6 3 (1.12%) JSON
6 3 (1.12%) Node.js
6 3 (1.12%) Struts2
6 3 (1.12%) WCF
6 3 (1.12%) XML
Miscellaneous
1 93 (34.57%) Credit Risk
2 49 (18.22%) Derivative
3 37 (13.75%) Analytical Skills
3 37 (13.75%) Foreign Exchange (FX)
4 28 (10.41%) Fixed Income
5 21 (7.81%) Equities
6 18 (6.69%) Mathematics
7 17 (6.32%) Credit Derivative
8 9 (3.35%) Physics
9 8 (2.97%) Management Information System
10 7 (2.60%) Equity Derivative
10 7 (2.60%) Hedge funds
11 6 (2.23%) Computer Science
12 5 (1.86%) Algorithms
12 5 (1.86%) Data Structures
13 4 (1.49%) Economics
13 4 (1.49%) User Experience
14 3 (1.12%) Online Banking
14 3 (1.12%) Reference Data
14 3 (1.12%) Taxonomies
Operating Systems
1 12 (4.46%) Unix
2 9 (3.35%) Windows
3 8 (2.97%) Windows Server
4 5 (1.86%) Linux
4 5 (1.86%) Windows Server 2003
4 5 (1.86%) Windows Server 2012
5 1 (0.37%) AIX
5 1 (0.37%) Red Hat Enterprise Linux
5 1 (0.37%) Windows 7
5 1 (0.37%) Windows Server 2008
Processes & Methodologies
1 84 (31.23%) Risk Management
2 53 (19.70%) Agile Software Development
3 31 (11.52%) Business Analysis
4 29 (10.78%) Data Modelling
4 29 (10.78%) Project Management
4 29 (10.78%) Stress Testing
5 26 (9.67%) Stakeholder Management
6 22 (8.18%) Migration
6 22 (8.18%) Validation
7 21 (7.81%) Data Analysis
8 20 (7.43%) SDLC
9 18 (6.69%) Analytics
10 17 (6.32%) Scrum
11 16 (5.95%) Quantitative Finance
12 15 (5.58%) Data Management
12 15 (5.58%) User Acceptance Testing
13 13 (4.83%) Logical Data Model
13 13 (4.83%) Requirements Analysis
14 11 (4.09%) Monte Carlo Method
15 10 (3.72%) Refactoring
Programming Languages
1 64 (23.79%) SQL
2 55 (20.45%) C#
3 42 (15.61%) Java
4 25 (9.29%) C++
4 25 (9.29%) Python
5 10 (3.72%) VBA
6 8 (2.97%) Haskell
6 8 (2.97%) Scala
7 6 (2.23%) PL/SQL
7 6 (2.23%) PowerShell
8 5 (1.86%) JavaScript
8 5 (1.86%) MATLAB
8 5 (1.86%) R
8 5 (1.86%) VBScript
9 4 (1.49%) Perl
10 3 (1.12%) ANSI SQL
10 3 (1.12%) Korn
10 3 (1.12%) T-SQL
11 2 (0.74%) Shell Script
12 1 (0.37%) VB.NET
Qualifications
1 23 (8.55%) Degree
2 7 (2.60%) PhD
3 2 (0.74%) CFA
3 2 (0.74%) PMI Certification
3 2 (0.74%) PMP
3 2 (0.74%) Postgraduate
Quality Assurance & Compliance
1 17 (6.32%) QA
2 12 (4.46%) MiFID
3 11 (4.09%) EMIR
4 7 (2.60%) AIFMD
4 7 (2.60%) Basel III
4 7 (2.60%) COREP
4 7 (2.60%) CRD IV
5 5 (1.86%) Basel II
5 5 (1.86%) Data Quality
5 5 (1.86%) PCI DSS
5 5 (1.86%) Sarbanes-Oxley
6 2 (0.74%) Dodd-Frank
6 2 (0.74%) FATCA
System Software
1 4 (1.49%) Platform Symphony
2 1 (0.37%) Virtual Machines
Systems Management
1 5 (1.86%) SCCM
2 2 (0.74%) Control-M
2 2 (0.74%) HP Quality Center
2 2 (0.74%) TIBCO Hawk
3 1 (0.37%) WSUS
Vendors
1 42 (15.61%) Murex
2 28 (10.41%) Oracle
3 15 (5.58%) Calypso
4 9 (3.35%) Microsoft
5 7 (2.60%) Algorithmics
6 6 (2.23%) VMware
7 5 (1.86%) ServiceNow
7 5 (1.86%) Sybase
8 4 (1.49%) Sophis
9 3 (1.12%) IBM
10 2 (0.74%) Sonatype
10 2 (0.74%) TIBCO
11 1 (0.37%) Bloomberg
11 1 (0.37%) Cloudera
11 1 (0.37%) DataFlux
11 1 (0.37%) HP
11 1 (0.37%) Mitel
11 1 (0.37%) OpenLink
11 1 (0.37%) SunGard
11 1 (0.37%) Teradata
London
TEKsystems
Rate: £700 - £750 per day
Posted: 2 days ago
Docklands
iKas International
Rate: £650 - £800 per day
Posted: Yesterday
London
Apollo Solutions
Rate: £350 per day
Posted: 3 days ago
London
TEKsystems
Rate: £650 - £750 per day
Posted: 5 days ago