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This section looks at the demand for Basel Capital Accord (Basel II) skills within the Canary Wharf region with a comparison to our Quality Assurance & Compliance category. Included is a guide to the contractor rates offered in IT jobs that have cited Basel II over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkBasel Capital Accord (Basel II)
Location
3 months to 25 Jul 2008Same period last year
Rank4150
Rank change on same period last yearUp+9
Matching contract IT job ads43
As % of all UK contract IT job ads sampled0.005 %0.003 %
As % of the category below22.22 %11.11 %
Daily rates quoted11
Average minimum daily rate£400£300
Average daily rate£420£325
% change on same period last year+29.23 %
Average maximum daily rate£440£350
UK excluding London average daily rate£404£463
% change on same period last year-12.72 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
Canary Wharf IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
Canary Wharf
Matching contract IT job ads1827
As % of all UK contract IT job ads sampled0.024 %0.027 %
Daily rates quoted109
Average minimum daily rate£505£397
Average daily rate£522£422
% change on same period last year+23.79 %
Average maximum daily rate£539£447
UK excluding London average daily rate£368£371
% change on same period last year-0.67 %
Hourly rates quoted10
Average minimum hourly rate£25.00-
Average hourly rate£30.00-
% change on same period last year-
Average maximum hourly rate£35.00-
UK excluding London average hourly rate£23.31£24.73
% change on same period last year-5.77 %
Basel II LondonBasel II
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Basel II
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Basel II across the Canary Wharf region as a proportion of the total demand within the Quality Assurance & Compliance category.

Canary Wharf Basel II Demand Trend

Basel II
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the Canary Wharf region.

Canary Wharf Basel II Daily Rate Trend

Basel II
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the Canary Wharf region.

Canary Wharf Basel II Hourly Rate Trend

Basel II
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs across the Canary Wharf region citing Basel II 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 Basel II.

15 (50.00 %)Finance
24 (40.00 %)Sarbanes-Oxley
24 (40.00 %)Credit Risk
33 (30.00 %)Banking
33 (30.00 %)Investment Banking
33 (30.00 %)SQL
42 (20.00 %)Transact-SQL
42 (20.00 %)SQL Server
42 (20.00 %)MS Excel
42 (20.00 %)Murex
42 (20.00 %)Calypso
42 (20.00 %)ACCA
42 (20.00 %)Project Management
42 (20.00 %)CIMA
42 (20.00 %)Front Office
42 (20.00 %)Risk Management
42 (20.00 %)Business Analysis
42 (20.00 %)SQL Server 2005
42 (20.00 %)Derivative
42 (20.00 %)MiFID
42 (20.00 %)Market Risk
51 (10.00 %)Reference Data
51 (10.00 %)Mathematics
51 (10.00 %)Statistics
51 (10.00 %)SQL Server Integration Services
51 (10.00 %)Financial Institution
51 (10.00 %)Asset Management
51 (10.00 %)Data Analysis
51 (10.00 %)Fixed Income
51 (10.00 %)C++

Basel II
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs across the Canary Wharf region citing Basel II 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 Basel II. Up to 20 skills are shown per category.

Canary Wharf IT Contractor Job Market, Application DevelopmentApplication Development
11 (10.00 %)STL
Canary Wharf IT Contractor Job Market, ApplicationsApplications
12 (20.00 %)MS Excel
21 (10.00 %)MS Visio
Canary Wharf IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
12 (20.00 %)SQL Server
12 (20.00 %)SQL Server 2005
21 (10.00 %)SQL Server Integration Services
21 (10.00 %)Reference Data
21 (10.00 %)MS Access
21 (10.00 %)BusinessObjects
21 (10.00 %)SQL Server 2000
Canary Wharf IT Contractor Job Market, GeneralGeneral
15 (50.00 %)Finance
23 (30.00 %)Banking
23 (30.00 %)Investment Banking
32 (20.00 %)Front Office
41 (10.00 %)Financial Institution
Canary Wharf IT Contractor Job Market, Job TitlesJob Titles
16 (60.00 %)Analyst
24 (40.00 %)Business Analyst
32 (20.00 %)Project Manager
32 (20.00 %)Developer
41 (10.00 %)Programme Manager
41 (10.00 %)Analyst Programmer
41 (10.00 %)Programmer
41 (10.00 %)Lead Developer
41 (10.00 %)Report Analyst
41 (10.00 %)Systems Developer
41 (10.00 %)SQL Developer
41 (10.00 %)SQL Server Developer
41 (10.00 %)Credit Analyst
41 (10.00 %)C++ Analyst Programmer
41 (10.00 %)C++ Programmer
41 (10.00 %)Credit Risk Business Analyst
41 (10.00 %)Risk Analyst
41 (10.00 %)Excel Developer
41 (10.00 %)Banking Business Analyst
41 (10.00 %)Credit Risk Analyst
Canary Wharf IT Contractor Job Market, MiscellaneousMiscellaneous
14 (40.00 %)Credit Risk
22 (20.00 %)Market Risk
22 (20.00 %)Derivative
31 (10.00 %)Statistics
31 (10.00 %)Mathematics
31 (10.00 %)Fixed Income
Canary Wharf IT Contractor Job Market, Operating SystemsOperating Systems
11 (10.00 %)UNIX
Canary Wharf IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
12 (20.00 %)Project Management
12 (20.00 %)Risk Management
12 (20.00 %)Business Analysis
21 (10.00 %)Asset Management
21 (10.00 %)Data Analysis
Canary Wharf IT Contractor Job Market, Programming LanguagesProgramming Languages
13 (30.00 %)SQL
22 (20.00 %)Transact-SQL
31 (10.00 %)C++
31 (10.00 %)Java
Canary Wharf IT Contractor Job Market, QualificationsQualifications
12 (20.00 %)ACCA
12 (20.00 %)CIMA
Canary Wharf IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
14 (40.00 %)Sarbanes-Oxley
22 (20.00 %)MiFID
Canary Wharf IT Contractor Job Market, Systems ManagementSystems Management
11 (10.00 %)AutoSys
Canary Wharf IT Contractor Job Market, VendorsVendors
12 (20.00 %)Murex
12 (20.00 %)Calypso
21 (10.00 %)Informatica
21 (10.00 %)Sybase
21 (10.00 %)Business Objects
21 (10.00 %)Progress
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