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 28 August 2015 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
28 Aug 2015
Same period 2014 Same period 2013
Market Risk
Rank 393 389 304
Rank change year-on-year
-4 -85
Contract jobs citing Market Risk 251 239 318
As % of all contract IT jobs located in the UK 0.43% 0.43% 0.60%
As % of the Miscellaneous category 1.34% 1.33% 1.84%
Number of daily rates quoted 201 168 221
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £550 £550
90% offered a daily rate of more than £420 £409 £400
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £538 £425 £555
% change year-on-year
+26.47% -23.42%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £85.00
UK excluding London average hourly rate - - £85.00

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
18706 18006 17289
As % of all contract IT jobs located in the UK 31.94% 32.38% 32.83%
Number of daily rates quoted 11756 10796 10446
Average daily rate £425 £400 £420
Average daily rate % change year-on-year
+6.25% -4.76%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 717 740 714
Average hourly rate £21.50 £19.70 £18.65
Average hourly rate % change year-on-year
+9.13% +5.63%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £47.00 £45.00 £42.85
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

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 28 August 2015.

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 8 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 28 August 2015. 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
London +12 241 £550 - 55
England -8 241 £550 - 57
City of London -8 66 £550 - 18
Docklands, London 0 8 £610 +21.39%
Scotland - 7 £425 - 2
Canary Wharf -9 5 £425 +6.25%
Glasgow - 5 £400 -
Edinburgh - 1 £500 - 2

Market Risk
Top 30 Related IT Skills

For the 6 months to 28 August 2015, 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.

1 233 (55.21%) Banking
2 220 (52.13%) Finance
3 168 (39.81%) Investment Banking
4 141 (33.41%) SQL
5 137 (32.46%) Credit Risk
6 129 (30.57%) Java
7 103 (24.41%) Risk Management
8 89 (21.09%) Agile Software Development
9 85 (20.14%) C#
10 84 (19.91%) Front Office
11 70 (16.59%) .NET
11 70 (16.59%) SQL Server
12 53 (12.56%) Derivative
13 52 (12.32%) Oracle
14 48 (11.37%) Analytical Skills
15 47 (11.14%) Analytics
15 47 (11.14%) UNIX
15 47 (11.14%) Maven
16 45 (10.66%) Project Management
17 44 (10.43%) Spring
18 41 (9.72%) OO
18 41 (9.72%) VBA
19 40 (9.48%) Microsoft
20 37 (8.77%) Stress Testing
21 36 (8.53%) Degree
21 36 (8.53%) MS Excel
21 36 (8.53%) Business Analysis
22 35 (8.29%) TDD
22 35 (8.29%) Data Modelling
22 35 (8.29%) SDLC

Market Risk
Top Related IT Skills by Category

For the 6 months to 28 August 2015, 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 18 (4.27%) Oracle Coherence
2 14 (3.32%) Node.js
3 10 (2.37%) JBoss
4 9 (2.13%) Apache Spark
5 8 (1.90%) SharePoint
6 6 (1.42%) WebLogic
7 4 (0.95%) SAS
8 3 (0.71%) GemFire
9 2 (0.47%) Oracle Workflow
9 2 (0.47%) WebSphere
10 1 (0.24%) Apache Pig
10 1 (0.24%) SharePoint 2013
Applications
1 36 (8.53%) MS Excel
2 28 (6.64%) MS Office
3 19 (4.50%) Spreadsheet
4 10 (2.37%) MS Visio
5 7 (1.66%) MS PowerPoint
6 4 (0.95%) MS Project
Business Applications
1 7 (1.66%) Adaptiv
2 6 (1.42%) Summit
3 2 (0.47%) Markit EDM
4 1 (0.24%) Kondor+
Cloud Services
1 2 (0.47%) Cloud Computing
Communications & Networking
1 5 (1.18%) SAN
2 1 (0.24%) SSL
Database & Business Intelligence
1 70 (16.59%) SQL Server
2 30 (7.11%) Hadoop
3 25 (5.92%) Big Data
4 24 (5.69%) Relational Database
5 23 (5.45%) SQL Server Analysis Services
6 21 (4.98%) SQL Server Integration Services
7 20 (4.74%) Data Warehouse
8 18 (4.27%) OLAP
9 17 (4.03%) Oracle Database
10 10 (2.37%) SQL Server Reporting Services
11 8 (1.90%) RDBMS
11 8 (1.90%) Apache Hive
11 8 (1.90%) MongoDB
11 8 (1.90%) SQL Server 2008
12 7 (1.66%) HBase
12 7 (1.66%) Impala
12 7 (1.66%) Sybase IQ
13 6 (1.42%) Sybase ASE
13 6 (1.42%) Data Mining
13 6 (1.42%) SQL Server 2012
Development Applications
1 47 (11.14%) Maven
2 24 (5.69%) JUnit
3 23 (5.45%) Subversion
4 12 (2.84%) CruiseControl
4 12 (2.84%) Team Foundation Server
4 12 (2.84%) Mockito
4 12 (2.84%) Mocha
4 12 (2.84%) Jasmine
4 12 (2.84%) Grunt
5 11 (2.61%) JIRA
6 8 (1.90%) Cucumber
7 7 (1.66%) jMock
7 7 (1.66%) NUnit
7 7 (1.66%) ClearCase
8 6 (1.42%) ERwin
9 4 (0.95%) TeamCity
9 4 (0.95%) Hudson
10 3 (0.71%) Atlassian Bamboo
11 2 (0.47%) Visual Studio
12 1 (0.24%) HP UFT
General
1 233 (55.21%) Banking
2 220 (52.13%) Finance
3 168 (39.81%) Investment Banking
4 84 (19.91%) Front Office
5 26 (6.16%) Back Office
6 13 (3.08%) Legal
7 10 (2.37%) Financial Institution
8 7 (1.66%) Retail
9 3 (0.71%) Corporate Banking
10 2 (0.47%) Advertising
11 1 (0.24%) Telecoms
11 1 (0.24%) French Language
11 1 (0.24%) Japanese Language
Job Titles
1 194 (45.97%) Developer
2 130 (30.81%) Analyst
3 84 (19.91%) Business Analyst
4 58 (13.74%) Java Developer
5 48 (11.37%) Project Manager
6 47 (11.14%) Market Risk Analyst
7 44 (10.43%) Risk Analyst
8 40 (9.48%) Senior Developer
9 32 (7.58%) Market Risk Business Analyst
10 24 (5.69%) Market Analyst
11 23 (5.45%) C# Developer
12 22 (5.21%) Risk Manager
13 21 (4.98%) SQL Developer
14 17 (4.03%) Banking Business Analyst
15 16 (3.79%) Architect
16 15 (3.55%) Credit Risk Analyst
16 15 (3.55%) Python Developer
17 13 (3.08%) Senior Java Developer
17 13 (3.08%) Support Analyst
18 12 (2.84%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 70 (16.59%) .NET
2 44 (10.43%) Spring
3 30 (7.11%) Web Services
4 28 (6.64%) J2EE
5 27 (6.40%) ASP.NET
6 21 (4.98%) XML
6 21 (4.98%) WPF
7 20 (4.74%) MDX
8 18 (4.27%) HTML
8 18 (4.27%) RESTful
9 17 (4.03%) HTML5
10 16 (3.79%) WCF
11 14 (3.32%) CSS
12 13 (3.08%) ActiveMQ
12 13 (3.08%) AngularJS
13 12 (2.84%) Akka
13 12 (2.84%) JMS
14 10 (2.37%) .NET Framework
15 9 (2.13%) JDBC
15 9 (2.13%) REST
Miscellaneous
1 137 (32.46%) Credit Risk
2 53 (12.56%) Derivative
3 48 (11.37%) Analytical Skills
4 24 (5.69%) Foreign Exchange (FX)
5 20 (4.74%) Grid Computing
5 20 (4.74%) Equities
6 19 (4.50%) Fixed Income
7 17 (4.03%) Equity Derivative
8 11 (2.61%) PMI
9 9 (2.13%) Management Information System
10 7 (1.66%) Interest Rate Derivative
10 7 (1.66%) Taxonomies
10 7 (1.66%) Mathematics
10 7 (1.66%) Hedge funds
11 6 (1.42%) Computer Science
12 5 (1.18%) Replication
13 4 (0.95%) Credit Derivative
13 4 (0.95%) Physics
13 4 (0.95%) Statistics
13 4 (0.95%) Data Extraction
Operating Systems
1 47 (11.14%) UNIX
2 29 (6.87%) Windows
3 27 (6.40%) Linux
4 3 (0.71%) Solaris
4 3 (0.71%) Windows Server 2008
5 2 (0.47%) Windows Server 2012
6 1 (0.24%) Windows Server 2003
Processes & Methodologies
1 103 (24.41%) Risk Management
2 89 (21.09%) Agile Software Development
3 47 (11.14%) Analytics
4 45 (10.66%) Project Management
5 41 (9.72%) OO
6 37 (8.77%) Stress Testing
7 36 (8.53%) Business Analysis
8 35 (8.29%) Data Modelling
8 35 (8.29%) TDD
8 35 (8.29%) SDLC
9 26 (6.16%) Data Management
10 24 (5.69%) User Acceptance Testing
11 23 (5.45%) Business Intelligence
12 22 (5.21%) Scrum
13 21 (4.98%) PRINCE2
13 21 (4.98%) Continuous Integration
14 20 (4.74%) BDD
15 18 (4.27%) Migration
16 17 (4.03%) Multithreading
17 16 (3.79%) ETL
Programming Languages
1 141 (33.41%) SQL
2 129 (30.57%) Java
3 85 (20.14%) C#
4 41 (9.72%) VBA
5 33 (7.82%) C++
6 32 (7.58%) Python
7 27 (6.40%) T-SQL
8 24 (5.69%) Perl
9 17 (4.03%) JavaScript
9 17 (4.03%) Scala
10 12 (2.84%) Shell Script
11 11 (2.61%) MATLAB
12 9 (2.13%) R
13 8 (1.90%) PowerShell
14 6 (1.42%) PHP
15 5 (1.18%) VB.NET
15 5 (1.18%) Korn
16 3 (0.71%) XPath
17 2 (0.47%) C
17 2 (0.47%) VB6
Qualifications
1 36 (8.53%) Degree
2 12 (2.84%) PMI Certification
3 2 (0.47%) ISEB
3 2 (0.47%) PRINCE2 Certification
4 1 (0.24%) A+ Certification
4 1 (0.24%) PMP
4 1 (0.24%) ACCA
4 1 (0.24%) CIMA
4 1 (0.24%) CFA
4 1 (0.24%) IIBA
4 1 (0.24%) PhD
Quality Assurance & Compliance
1 13 (3.08%) QA
2 12 (2.84%) Basel III
3 10 (2.37%) MiFID
4 5 (1.18%) SLA
4 5 (1.18%) EMIR
4 5 (1.18%) CRD IV
4 5 (1.18%) COREP
4 5 (1.18%) FINREP
5 4 (0.95%) AIFMD
5 4 (0.95%) Data Quality
6 3 (0.71%) Dodd-Frank
6 3 (0.71%) Basel II
7 1 (0.24%) Sarbanes-Oxley
7 1 (0.24%) Solvency II
System Software
1 8 (1.90%) GridGain
2 5 (1.18%) HDFS
2 5 (1.18%) Active Directory
3 4 (0.95%) Apache Flume
Systems Management
1 8 (1.90%) HP Quality Center
2 4 (0.95%) Oozie
3 3 (0.71%) Control-M
4 1 (0.24%) Hadoop YARN
Vendors
1 52 (12.32%) Oracle
2 40 (9.48%) Microsoft
3 22 (5.21%) Sybase
4 11 (2.61%) Murex
5 8 (1.90%) Calypso
6 6 (1.42%) SunGard
7 5 (1.18%) Citrix
8 4 (0.95%) Reuters
9 3 (0.71%) HP
10 2 (0.47%) SAP
10 2 (0.47%) Cognos
10 2 (0.47%) Bloomberg
10 2 (0.47%) BT
10 2 (0.47%) Tableau
10 2 (0.47%) Cloudera
10 2 (0.47%) Actian
11 1 (0.24%) Vertica
11 1 (0.24%) MicroStrategy
11 1 (0.24%) Infragistics
11 1 (0.24%) Brady
London
Nicoll Curtin
Rate: £600 per day
Posted: 2 days ago
London
TEKsystems
Rate: £500 - £550 per day
Posted: 2 days ago
City, London
Hudson IT
Rate: £610 per day
Posted: 2 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 4 days ago
London
TEKsystems
Rate: £450 - £550 per day
Posted: 4 days ago
London
Harvey Nash plc
Rate: £400 - £550 per day
Posted: 4 days ago
London
Scot Lewis Associates
Rate: Market Rate
Posted: 5 days ago
London
Scot Lewis Associates
Rate: Market Rate
Posted: 5 days ago
City, London
Intech 7
Rate: excellent day rate. contract - perm role
Posted: 5 days ago
London
Experis Ltd
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 9 days ago
London
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 15 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per annum
Posted: 15 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per annum
Posted: 15 days ago
City of London
Deerfoot IT
Rate: £300 - £350 per day + 6 month term
Posted: 16 days ago
London
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 16 days ago
City of London
Orgtel
Rate: £750 - £830 per day + competitive
Posted: 16 days ago
City of London
iKonnect
Rate: £570 - £650 per day
Posted: 18 days ago
London
Real Staffing
Rate: £500 - £650 per day +
Posted: 18 days ago