Just in case you were wondering if the financial services firms' investment in risk management technology was about to abate, rest assured there's still a long way to go. Now, however, technologists with a broad understanding of risk, and knowledge of how to integrate systems across the company are hot property.

Deloitte has studied the efforts of banks and financial services firms at reforming their risk management capabilities and has found they're still lagging behind. At the forefront of this is the fact that technology systems are still woefully inadequate, and that there's still a fragmented IT environment.

"These diverse frameworks often use different data formats and structures, making it difficult to achieve an integrated view of the institution's risk management profile," the report says.

Perhaps not surprisingly, therefore, banks and financial services firms are looking for people who can look at how best to link these systems together.

Abigail Wauby, manager of the IT division at recruiters Project Partners, says: "Operational, credit or counterparty risk, banks are looking at the best strategy to encompass them all. The problem is, it's very difficult to find somebody with such a diverse range of risk experience, and candidates are able to command a premium."

She says that a project manager working in risk management IT would typically earn between £65-70k, but this rises to £85-90k if you have a broad understanding of risk strategies.

Andrew Keene, director of Thomson Keene Associates, says some banks are rolling out major risk IT projects, which is driving demand for techies in this area.

Here are the other top risk IT concerns: