The table below looks at the statistics for Basel III skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel III over the 3 months to 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Basel III
Rank 22 29 45
Rank change year-on-year
+7 +16
Contract jobs citing Basel III 2 1 4
As % of all contract IT jobs located in Canary Wharf 1.80% 0.55% 1.13%
As % of the Quality Assurance & Compliance category 25.00% 6.67% 9.76%
Number of daily rates quoted 2 1 2
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £500 £550
Average daily rate % change year-on-year
+15.00% -9.09%
UK excluding London average daily rate £500 £425 £383
% change year-on-year
+17.64% +11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel III
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Canary Wharf region.

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
8 15 41
As % of all contract IT jobs located in Canary Wharf 7.21% 8.24% 11.61%
Number of daily rates quoted 7 9 25
Average daily rate £550 £538 £546
Average daily rate % change year-on-year
+2.32% -1.60%
90% offered a daily rate of more than £495 £320 £263
10% offered a daily rate of more than £605 £640 £625
UK excluding London average daily rate £371 £350 £350
% change year-on-year
+6.07% -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £20.00
UK excluding London average hourly rate £18.75 £18.00 £21.50
% change year-on-year
+4.16% -16.27%

Basel III
Jobs Demand Trend in Canary Wharf

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

Basel III Jobs Demand Trend in Canary Wharf

Basel III
Daily Rate Trend in Canary Wharf

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

Basel III Daily Rate Trend in Canary Wharf

Basel III
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 24 December 2014, IT contractor jobs across the Canary Wharf region citing Basel III 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 III.

1 2 (100.00%) Finance
2 1 (50.00%) Validation
2 1 (50.00%) Replication
2 1 (50.00%) Fixed Income
2 1 (50.00%) Equities
2 1 (50.00%) Agile Software Development
2 1 (50.00%) TDD
2 1 (50.00%) Data Management
2 1 (50.00%) Credit Derivative
2 1 (50.00%) Business Analysis
2 1 (50.00%) Derivative
2 1 (50.00%) Degree
2 1 (50.00%) WPF
2 1 (50.00%) QlikView
2 1 (50.00%) Credit Risk
2 1 (50.00%) Market Risk
2 1 (50.00%) BusinessObjects XI
2 1 (50.00%) SQL Server Analysis Services
2 1 (50.00%) Multithreading
2 1 (50.00%) Data Architecture
2 1 (50.00%) Greeks
2 1 (50.00%) Test Automation
2 1 (50.00%) Scala
2 1 (50.00%) Hadoop
2 1 (50.00%) HTML5
2 1 (50.00%) BDD
2 1 (50.00%) Apache Hive
2 1 (50.00%) Parallel Processing
2 1 (50.00%) REST
2 1 (50.00%) HBase

Basel III
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 24 December 2014, IT contractor jobs across the Canary Wharf region citing Basel III 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 III. Up to 20 skills are shown per category.

Application Platforms
1 1 (50.00%) Apache Spark
Database & Business Intelligence
1 1 (50.00%) OLAP
1 1 (50.00%) RDBMS
1 1 (50.00%) QlikView
1 1 (50.00%) BusinessObjects XI
1 1 (50.00%) SQL Server Analysis Services
1 1 (50.00%) Hadoop
1 1 (50.00%) Apache Hive
1 1 (50.00%) HBase
1 1 (50.00%) Big Data
1 1 (50.00%) Relational Database
1 1 (50.00%) Impala
General
1 2 (100.00%) Finance
Job Titles
1 1 (50.00%) Business Analyst
1 1 (50.00%) Developer
1 1 (50.00%) Analyst
1 1 (50.00%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (50.00%) HTML
1 1 (50.00%) .NET
1 1 (50.00%) JMS
1 1 (50.00%) XBRL
1 1 (50.00%) WPF
1 1 (50.00%) HTML5
1 1 (50.00%) REST
1 1 (50.00%) Akka
1 1 (50.00%) Play Framework
Miscellaneous
1 1 (50.00%) Foreign Exchange (FX)
1 1 (50.00%) Replication
1 1 (50.00%) Fixed Income
1 1 (50.00%) Equities
1 1 (50.00%) Credit Derivative
1 1 (50.00%) Derivative
1 1 (50.00%) Credit Risk
1 1 (50.00%) Market Risk
Processes & Methodologies
1 1 (50.00%) OO
1 1 (50.00%) Data Modelling
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Risk Management
1 1 (50.00%) Workflow
1 1 (50.00%) Validation
1 1 (50.00%) Agile Software Development
1 1 (50.00%) TDD
1 1 (50.00%) Data Management
1 1 (50.00%) Business Analysis
1 1 (50.00%) Multithreading
1 1 (50.00%) Data Architecture
1 1 (50.00%) Greeks
1 1 (50.00%) Test Automation
1 1 (50.00%) BDD
1 1 (50.00%) Parallel Processing
1 1 (50.00%) Technical Analysis
1 1 (50.00%) Functional Programming
1 1 (50.00%) Logical Data Model
Programming Languages
1 1 (50.00%) Java
1 1 (50.00%) SQL
1 1 (50.00%) Scala
Qualifications
1 1 (50.00%) Postgraduate
1 1 (50.00%) Degree
Quality Assurance & Compliance
1 1 (50.00%) Dodd-Frank
1 1 (50.00%) COREP
1 1 (50.00%) FINREP
System Software
1 1 (50.00%) Apache Flume