The first table below looks at the demand for Risk Analytics skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Risk Analytics over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies 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
24 May 2013
Same period 2012 Same period 2011
Risk Analytics
Rank 497 539 501
Rank change year-on-year
+42 -38
Contract jobs citing Risk Analytics 32 45 83
As % of all contract IT jobs located in the UK 0.069% 0.077% 0.136%
As % of the Processes & Methodologies category 0.097% 0.114% 0.201%
Number of daily rates quoted 16 24 79
Average daily rate £450 £550 £585
Average daily rate % change year-on-year
-18.18% -5.98%
90% offered a daily rate of more than £350 £490 £550
10% offered a daily rate of more than £750 £635 £700
UK excluding London average daily rate - £475 £425
% change year-on-year
- +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
UK
Contract IT job ads with a match in the
Processes & Methodologies category
32941 39581 41270
As % of all contract IT jobs located in the UK 71.01% 67.87% 67.60%
Number of daily rates quoted 19678 22705 23413
Average daily rate £413 £403 £438
Average daily rate % change year-on-year
+2.48% -8.00%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £575 £580 £600
UK excluding London average daily rate £365 £365 £375
% change year-on-year
- -2.66%
Number of hourly rates quoted 976 1282 1475
Average hourly rate £30.00 £25.00 £29.00
Average hourly rate % change year-on-year
+20.00% -13.79%
90% offered a hourly rate of more than £13.50 £12.50 £13.50
10% offered a hourly rate of more than £50.00 £45.00 £45.00
UK excluding London average hourly rate £30.00 £25.00 £29.50
% change year-on-year
+20.00% -15.25%

Risk Analytics
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Risk Analytics within the UK as a proportion of the total demand within the Processes & Methodologies category.

Risk Analytics Jobs Demand Trend

Risk Analytics
Daily Rate Trend

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

Risk Analytics Daily Rate Trend

Risk Analytics
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Risk Analytics within the UK over the 3 months to 24 May 2013.

Risk Analytics Daily Rate Histogram

Risk Analytics
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Risk Analytics within the UK over the 3 months to 24 May 2013. 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
England +33 32 £450 -18.18%
London +25 31 £450 -18.18%
City of London +9 12 £475 -15.55%
Bradford - 1 - -
Yorkshire - 1 - -
West Yorkshire - 1 - -

Risk Analytics
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Risk Analytics 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 Risk Analytics.

1 75 (100.00%) Analytics
2 64 (85.33%) Finance
3 39 (52.00%) Banking
3 39 (52.00%) Credit Risk
4 36 (48.00%) SQL
4 36 (48.00%) Market Risk
5 33 (44.00%) Investment Banking
6 31 (41.33%) Front Office
7 29 (38.67%) C#
7 29 (38.67%) Derivative
8 28 (37.33%) SQL Server
8 28 (37.33%) Risk Management
9 27 (36.00%) .NET
10 24 (32.00%) ASP.NET
10 24 (32.00%) MVC
10 24 (32.00%) Computer Science
10 24 (32.00%) Credit Derivative
10 24 (32.00%) Agile Software Development
11 23 (30.67%) TDD
12 22 (29.33%) Data Modelling
13 21 (28.00%) Basel III
14 18 (24.00%) ASP.NET MVC
15 17 (22.67%) Oracle
16 15 (20.00%) UML
17 14 (18.67%) FpML
18 12 (16.00%) Degree
18 12 (16.00%) SQL Server Analysis Services
19 11 (14.67%) Data Warehouse
20 10 (13.33%) T-SQL
20 10 (13.33%) SQL Server Integration Services

Risk Analytics
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Risk Analytics 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 Risk Analytics. Up to 20 skills are shown per category.

Application Development
1 27 (36.00%) .NET
2 24 (32.00%) ASP.NET
3 18 (24.00%) ASP.NET MVC
4 14 (18.67%) FpML
5 10 (13.33%) WCF
6 3 (4.000%) SciPy
7 2 (2.667%) Spring
7 2 (2.667%) WinForms
7 2 (2.667%) MDX
7 2 (2.667%) Hibernate
8 1 (1.333%) LINQ
Application Platforms
1 7 (9.333%) TIBCO EMS
2 1 (1.333%) SAS
2 1 (1.333%) Confluence
Applications
1 3 (4.000%) MS Excel
2 1 (1.333%) MS Office
Business Applications
1 1 (1.333%) Summit
1 1 (1.333%) Eagle PACE
Communications & Networking
1 1 (1.333%) HTTPS
1 1 (1.333%) HTTP
Database & Business Intelligence
1 28 (37.33%) SQL Server
2 12 (16.00%) SQL Server Analysis Services
3 11 (14.67%) Data Warehouse
4 10 (13.33%) SQL Server Integration Services
5 3 (4.000%) OLAP
6 2 (2.667%) Microsoft Analysis Services
6 2 (2.667%) Oracle OLAP
6 2 (2.667%) Oracle 11g
6 2 (2.667%) Oracle 10g
6 2 (2.667%) TOAD
7 1 (1.333%) OLTP
Development Applications
1 7 (9.333%) QuickTest Pro
2 2 (2.667%) ERwin
3 1 (1.333%) JIRA
3 1 (1.333%) Subversion
3 1 (1.333%) Balsamiq Mockups
General
1 64 (85.33%) Finance
2 39 (52.00%) Banking
3 33 (44.00%) Investment Banking
4 31 (41.33%) Front Office
5 2 (2.667%) Retail
5 2 (2.667%) Legal
6 1 (1.333%) Back Office
6 1 (1.333%) Marketing
Job Titles
1 38 (50.67%) Analyst
2 32 (42.67%) Developer
3 19 (25.33%) Business Analyst
4 18 (24.00%) Risk Analyst
4 18 (24.00%) C# Developer
5 15 (20.00%) .NET Developer
5 15 (20.00%) C# .NET Developer
6 14 (18.67%) ASP.NET Developer
6 14 (18.67%) Investment Banking Business Analyst
6 14 (18.67%) C# ASP.NET Developer
6 14 (18.67%) Banking Business Analyst
7 8 (10.67%) Data Analyst
8 7 (9.333%) QA Analyst
9 6 (8.000%) Business Systems Analyst
9 6 (8.000%) Systems Analyst
10 5 (6.667%) Test Analyst
10 5 (6.667%) Quantitative Analyst
10 5 (6.667%) QA Test Analyst
10 5 (6.667%) Java Developer
10 5 (6.667%) Test Data Analyst
Miscellaneous
1 39 (52.00%) Credit Risk
2 36 (48.00%) Market Risk
3 29 (38.67%) Derivative
4 24 (32.00%) Computer Science
4 24 (32.00%) Credit Derivative
5 7 (9.333%) Mathematics
6 4 (5.333%) Fixed Income
7 3 (4.000%) Interest Rate Derivative
7 3 (4.000%) Statistics
7 3 (4.000%) Economics
8 2 (2.667%) Enterprise Software
8 2 (2.667%) Physics
8 2 (2.667%) Foreign Exchange (FX)
9 1 (1.333%) Management Information System
9 1 (1.333%) Swaptions
9 1 (1.333%) Equities
9 1 (1.333%) Reference Data
Operating Systems
1 3 (4.000%) UNIX
2 2 (2.667%) Linux
Processes & Methodologies
1 75 (100.00%) Analytics
2 28 (37.33%) Risk Management
3 24 (32.00%) MVC
3 24 (32.00%) Agile Software Development
4 23 (30.67%) TDD
5 22 (29.33%) Data Modelling
6 15 (20.00%) UML
7 7 (9.333%) Test Automation
8 6 (8.000%) Multithreading
9 5 (6.667%) Validation
9 5 (6.667%) Data Analysis
10 4 (5.333%) Business Intelligence
11 3 (4.000%) Business Analysis
11 3 (4.000%) Econometrics
11 3 (4.000%) Electronic Trading
12 2 (2.667%) Monte Carlo Method
12 2 (2.667%) Business Continuity
12 2 (2.667%) Quantitative Analysis
12 2 (2.667%) Project Management
12 2 (2.667%) ETL
Programming Languages
1 36 (48.00%) SQL
2 29 (38.67%) C#
3 10 (13.33%) T-SQL
4 7 (9.333%) VBA
4 7 (9.333%) Java
5 5 (6.667%) Python
5 5 (6.667%) R
6 4 (5.333%) Perl
6 4 (5.333%) PL/SQL
7 3 (4.000%) C++
7 3 (4.000%) C
7 3 (4.000%) MATLAB
Qualifications
1 12 (16.00%) Degree
2 3 (4.000%) PhD
3 1 (1.333%) ITIL Certification
3 1 (1.333%) ACCA
Quality Assurance & Compliance
1 21 (28.00%) Basel III
2 8 (10.67%) QA
2 8 (10.67%) Basel II
Vendors
1 17 (22.67%) Oracle
2 7 (9.333%) TIBCO
3 3 (4.000%) Sybase
3 3 (4.000%) Murex
3 3 (4.000%) Calypso
4 1 (1.333%) Reuters
4 1 (1.333%) Bloomberg
4 1 (1.333%) Cadis
4 1 (1.333%) Twitter
4 1 (1.333%) iRise
City of London
Contract Java Developer x 2 - London - derivatives, VaR, IRD Swaps - Central London - c. 700p/d 12 mthsKey skills: Java development, derivatives, Swaps, Interest Rate Derivatives, trade level NVP,...
Deerfoot IT Resources Ltd
Rate: £600 - £700 per day
Posted: 12 May 2013