The first 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 18 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.

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
18 Apr 2014
Same period 2013 Same period 2012
Market Risk
Rank 410 289 230
Rank change year-on-year
-121 -59
Contract jobs citing Market Risk 180 288 469
As % of all contract IT jobs located in the UK 0.32% 0.60% 0.77%
As % of the Miscellaneous category 1.26% 2.36% 3.15%
Number of daily rates quoted 133 181 348
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 £575 £413
% change year-on-year
+36.08% +39.39%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £17.00
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14311 12220 14892
As % of all contract IT jobs located in the UK 25.42% 25.61% 24.56%
Number of daily rates quoted 8841 7349 8662
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £225 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 568 621 771
Average hourly rate £20.00 £21.50 £25.00
Average hourly rate % change year-on-year
-6.97% -14.00%
90% offered a hourly rate of more than £11.50 £12.00 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%

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 18 April 2014.

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 18 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
England -163 174 £550 -4.34% 38
London -95 171 £550 -4.34% 38
City of London -65 53 £550 -4.34% 19
Scotland -5 5 £1,000 +122.22%
Glasgow +10 4 - -
Canary Wharf +12 1 £650 +10.63%
North West - - - -
South East - - - -
Manchester - - - -
Portsmouth - - - -
Reading - - - -
Berkshire - - - -
Hampshire - - - -

Market Risk
Top 30 Related IT Skills

For the 6 months to 18 April 2014, 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.

1 199 (49.01%) Banking
2 166 (40.89%) Finance
3 164 (40.39%) Credit Risk
4 149 (36.70%) SQL
4 149 (36.70%) Investment Banking
5 124 (30.54%) Front Office
6 103 (25.37%) C#
7 84 (20.69%) Risk Management
7 84 (20.69%) Derivative
8 59 (14.53%) Oracle
9 53 (13.05%) VBA
10 51 (12.56%) Stress Testing
11 50 (12.32%) C++
12 49 (12.07%) Business Analysis
13 48 (11.82%) Degree
14 47 (11.58%) Foreign Exchange (FX)
15 46 (11.33%) .NET
16 43 (10.59%) Project Management
17 41 (10.10%) Data Warehouse
18 38 (9.36%) Agile Software Development
19 36 (8.87%) Microsoft
20 35 (8.62%) User Acceptance Testing
20 35 (8.62%) Analytics
21 33 (8.13%) SQL Server
21 33 (8.13%) Basel III
22 32 (7.88%) Data Modelling
22 32 (7.88%) Windows
23 31 (7.64%) Java
24 29 (7.14%) SQL Server Analysis Services
25 28 (6.90%) MS Excel

Market Risk
Top Related IT Skills by Category

For the 6 months to 18 April 2014, 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 10 (2.46%) SharePoint
1 10 (2.46%) Oracle Coherence
2 3 (0.74%) GemFire
3 1 (0.25%) SharePoint 2010
3 1 (0.25%) TIBCO EMS
3 1 (0.25%) WebLogic
3 1 (0.25%) IIS
3 1 (0.25%) MQSeries
3 1 (0.25%) Documentum
3 1 (0.25%) FileNet
3 1 (0.25%) SharePoint Server
Applications
1 28 (6.90%) MS Excel
2 14 (3.45%) MS Visio
3 11 (2.71%) MS PowerPoint
4 10 (2.46%) MS Office
5 5 (1.23%) MS Project
6 2 (0.49%) Spreadsheet
7 1 (0.25%) PowerPivot
Business Applications
1 3 (0.74%) Adaptiv
2 1 (0.25%) Summit
2 1 (0.25%) Front Arena
Communications & Networking
1 4 (0.99%) FTP
Database & Business Intelligence
1 41 (10.10%) Data Warehouse
2 33 (8.13%) SQL Server
3 29 (7.14%) SQL Server Analysis Services
4 24 (5.91%) Oracle Database
5 20 (4.93%) Relational Database
6 15 (3.69%) SQL Server Reporting Services
7 13 (3.20%) SQL Server Integration Services
8 12 (2.96%) SQL Server 2008
9 9 (2.22%) NoSQL
9 9 (2.22%) Oracle Database 11g
9 9 (2.22%) RDBMS
10 7 (1.72%) OLAP
11 6 (1.48%) Sybase IQ
12 5 (1.23%) MongoDB
12 5 (1.23%) MS Access
13 4 (0.99%) Oracle Database 10g
13 4 (0.99%) Oracle OLAP
14 3 (0.74%) SQL Server 2012
14 3 (0.74%) SQLPlus
15 2 (0.49%) SQL Server 2005
Development Applications
1 15 (3.69%) JIRA
2 12 (2.96%) Subversion
3 11 (2.71%) CruiseControl
3 11 (2.71%) Maven
4 10 (2.46%) Team Foundation Server
5 6 (1.48%) NUnit
5 6 (1.48%) ClearCase
5 6 (1.48%) JUnit
5 6 (1.48%) TeamCity
5 6 (1.48%) Git (software)
6 3 (0.74%) Toad
7 2 (0.49%) QuickTest Pro
7 2 (0.49%) Visual Studio
7 2 (0.49%) jMock
7 2 (0.49%) Selenium
7 2 (0.49%) Hudson
8 1 (0.25%) Ant
8 1 (0.25%) LoadRunner
General
1 199 (49.01%) Banking
2 166 (40.89%) Finance
3 149 (36.70%) Investment Banking
4 124 (30.54%) Front Office
5 18 (4.43%) Back Office
6 9 (2.22%) Retail
7 7 (1.72%) Financial Institution
8 5 (1.23%) Retail Banking
9 4 (0.99%) Legal
10 3 (0.74%) International Banking
11 2 (0.49%) Wholesale Banking
11 2 (0.49%) German Language
12 1 (0.25%) Marketing
Job Titles
1 159 (39.16%) Analyst
2 145 (35.71%) Developer
3 107 (26.35%) Business Analyst
4 60 (14.78%) Project Manager
5 39 (9.61%) Market Risk Analyst
5 39 (9.61%) Risk Analyst
6 34 (8.37%) C# Developer
7 30 (7.39%) Market Risk Business Analyst
8 29 (7.14%) Credit Risk Analyst
9 27 (6.65%) Credit Risk Business Analyst
10 25 (6.16%) C++ Developer
11 24 (5.91%) Risk Manager
12 20 (4.93%) Investment Banking Business Analyst
13 16 (3.94%) Architect
13 16 (3.94%) Banking Business Analyst
14 14 (3.45%) Market Analyst
15 13 (3.20%) Business Project Manager
15 13 (3.20%) Business Manager
15 13 (3.20%) SQL Developer
16 12 (2.96%) Data Analyst
Libraries, Frameworks & Software Standards
1 46 (11.33%) .NET
2 16 (3.94%) WCF
3 15 (3.69%) WPF
4 11 (2.71%) MDX
5 9 (2.22%) ASP.NET
6 8 (1.97%) STL
6 8 (1.97%) XML
6 8 (1.97%) LINQ
7 7 (1.72%) J2EE
8 6 (1.48%) WinForms
9 5 (1.23%) Spring
10 4 (0.99%) HTML
10 4 (0.99%) Web Services
10 4 (0.99%) .NET Framework
10 4 (0.99%) ASP.NET MVC
11 3 (0.74%) HTML5
11 3 (0.74%) Spring MVC
11 3 (0.74%) JSON
11 3 (0.74%) SOAP
11 3 (0.74%) CSS
Miscellaneous
1 164 (40.39%) Credit Risk
2 84 (20.69%) Derivative
3 47 (11.58%) Foreign Exchange (FX)
4 27 (6.65%) Fixed Income
5 23 (5.67%) Equity Derivative
6 22 (5.42%) Credit Derivative
7 14 (3.45%) Mathematics
8 12 (2.96%) Computer Science
9 10 (2.46%) Equities
10 8 (1.97%) Management Information System
11 7 (1.72%) Economics
11 7 (1.72%) Statistics
12 5 (1.23%) Wiki
12 5 (1.23%) Interest Rate Derivative
13 4 (0.99%) Physics
13 4 (0.99%) SWIFT
13 4 (0.99%) Reference Data
14 3 (0.74%) Visualisation
14 3 (0.74%) iPad
14 3 (0.74%) N-Tier
Operating Systems
1 32 (7.88%) Windows
2 14 (3.45%) UNIX
3 5 (1.23%) Linux
4 2 (0.49%) Windows Server 2003
5 1 (0.25%) Windows XP
Processes & Methodologies
1 84 (20.69%) Risk Management
2 51 (12.56%) Stress Testing
3 49 (12.07%) Business Analysis
4 43 (10.59%) Project Management
5 38 (9.36%) Agile Software Development
6 35 (8.62%) User Acceptance Testing
6 35 (8.62%) Analytics
7 32 (7.88%) Data Modelling
8 26 (6.40%) Stakeholder Management
9 25 (6.16%) Data Analysis
10 21 (5.17%) Validation
10 21 (5.17%) Use Case
11 18 (4.43%) Systems Analysis
12 17 (4.19%) Scrum
13 16 (3.94%) ETL
14 15 (3.69%) Monte Carlo Method
15 14 (3.45%) TDD
15 14 (3.45%) Performance Tuning
15 14 (3.45%) Risk Analytics
15 14 (3.45%) Greeks
Programming Languages
1 149 (36.70%) SQL
2 103 (25.37%) C#
3 53 (13.05%) VBA
4 50 (12.32%) C++
5 31 (7.64%) Java
6 26 (6.40%) PL/SQL
7 15 (3.69%) Python
8 9 (2.22%) T-SQL
9 6 (1.48%) Shell Script
10 5 (1.23%) VB.NET
11 4 (0.99%) JavaScript
11 4 (0.99%) Groovy
12 3 (0.74%) Perl
12 3 (0.74%) VC++
13 2 (0.49%) VB
14 1 (0.25%) VBScript
14 1 (0.25%) C
Qualifications
1 48 (11.82%) Degree
2 7 (1.72%) PhD
3 3 (0.74%) ISEB
3 3 (0.74%) ISTQB
4 2 (0.49%) Postgraduate
5 1 (0.25%) MCP
5 1 (0.25%) Microsoft Certification
5 1 (0.25%) PMP
5 1 (0.25%) PMI Certification
Quality Assurance & Compliance
1 33 (8.13%) Basel III
2 15 (3.69%) QA
2 15 (3.69%) CRD IV
3 14 (3.45%) Dodd-Frank
3 14 (3.45%) EMIR
4 7 (1.72%) Basel II
5 5 (1.23%) COREP
5 5 (1.23%) FINREP
6 3 (0.74%) Solvency II
6 3 (0.74%) ISO 9001
6 3 (0.74%) SLA
7 1 (0.25%) Data Quality
7 1 (0.25%) Sarbanes-Oxley
Systems Management
1 10 (2.46%) HP Quality Center
Vendors
1 59 (14.53%) Oracle
2 36 (8.87%) Microsoft
3 15 (3.69%) Sybase
4 14 (3.45%) DataSynapse
4 14 (3.45%) Business Objects
5 9 (2.22%) Murex
6 8 (1.97%) SunGard
6 8 (1.97%) Informatica
7 7 (1.72%) HP
8 4 (0.99%) DevExpress
9 3 (0.74%) Vertica
9 3 (0.74%) Actuate
9 3 (0.74%) TIBCO
9 3 (0.74%) Pegasus
9 3 (0.74%) Charles River
10 2 (0.49%) Brady
10 2 (0.49%) Perforce
10 2 (0.49%) Ab Initio
10 2 (0.49%) CA
10 2 (0.49%) Sun
City, London
Aston Carter
Rate: £550 - £650 per day
Posted: Yesterday
London
Real Staffing
Rate: £550 - £650 per day
Posted: Yesterday
City, London
JM
Posted: Yesterday
City, London
Networking People
Posted: Yesterday
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 2 days ago
London
Aston Carter
Rate: £500 - £700 per day
Posted: 2 days ago
City, London
Hydrogen Group
Rate: £560.00 - £685.00 per day
Posted: 3 days ago
London
iKonnect
Rate: £500 - £600 per day
Posted: 3 days ago
London
Harrington Starr
Rate: £350 - £400 per day
Posted: 3 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per annum
Posted: 4 days ago
City, London
TEKsystems
Rate: £500 - £550 per day
Posted: 4 days ago
London
Argyll Scott
Rate: £500 - £550 per day
Posted: 4 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 10 days ago
London
Huxley Associates
Rate: £600 - £700 per day
Posted: 18 days ago
London
Nicoll Curtin
Rate: £500 - £700 per day
Posted: 21 days ago
City of London
Hays IT - Uk Posting account
Rate: £450.00 - £520.00 per annum
Posted: 22 days ago
City of London
Huxley Associates
Rate: £400 - £500 per day
Posted: 23 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 23 days ago