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 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Basel III
Rank - 20 30
Contract jobs citing Basel III 0 2 1
As % of all contract IT jobs located in Canary Wharf - 1.98% 0.55%
As % of the Quality Assurance & Compliance category - 33.33% 4.17%
Number of daily rates quoted 0 2 1
Average daily rate - £575 £500
Average daily rate % change year-on-year
- +15.00%
UK excluding London average daily rate £500 £500 £463
% change year-on-year
- +7.99%
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
15 6 24
As % of all contract IT jobs located in Canary Wharf 12.20% 5.94% 13.19%
Number of daily rates quoted 10 5 12
Average daily rate £500 £550 £513
Average daily rate % change year-on-year
-9.09% +7.31%
90% offered a daily rate of more than £450 £375 £398
10% offered a daily rate of more than £675 £600 £620
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £28.00
UK excluding London average hourly rate £42.50 £23.25 £17.08
% change year-on-year
+82.79% +36.16%

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 20 Related IT Skills in Canary Wharf

For the 6 months to 10 February 2016, 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 1 (100.00%) Java
1 1 (100.00%) Unix
1 1 (100.00%) Windows
1 1 (100.00%) Linux
1 1 (100.00%) Python
1 1 (100.00%) Data Management
1 1 (100.00%) Technical Architecture
1 1 (100.00%) Java SE
1 1 (100.00%) Credit Risk
1 1 (100.00%) Data Architecture
1 1 (100.00%) Git (software)
1 1 (100.00%) Scala
1 1 (100.00%) Apache Hive
1 1 (100.00%) HBase
1 1 (100.00%) Big Data
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) Impala
1 1 (100.00%) Functional Programming
1 1 (100.00%) Apache Spark
1 1 (100.00%) Data Structures

Basel III
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 10 February 2016, 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 (100.00%) Apache Spark
Database & Business Intelligence
1 1 (100.00%) Apache Hive
1 1 (100.00%) Big Data
1 1 (100.00%) HBase
1 1 (100.00%) Impala
Development Applications
1 1 (100.00%) Git (software)
Job Titles
1 1 (100.00%) Big Data Developer
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
1 1 (100.00%) Java Scala Developer
1 1 (100.00%) Linux Developer
1 1 (100.00%) Python Developer
1 1 (100.00%) Scala Developer
1 1 (100.00%) Senior Developer
1 1 (100.00%) Senior Java Developer
1 1 (100.00%) Senior Java Scala Developer
1 1 (100.00%) Senior Python Developer
1 1 (100.00%) Senior Scala Developer
1 1 (100.00%) Unix Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) Java SE
Miscellaneous
1 1 (100.00%) Credit Risk
1 1 (100.00%) Data Structures
Operating Systems
1 1 (100.00%) Linux
1 1 (100.00%) Unix
1 1 (100.00%) Windows
Processes & Methodologies
1 1 (100.00%) Data Architecture
1 1 (100.00%) Data Management
1 1 (100.00%) Functional Programming
1 1 (100.00%) Technical Architecture
Programming Languages
1 1 (100.00%) Java
1 1 (100.00%) Python
1 1 (100.00%) Scala
Quality Assurance & Compliance
1 1 (100.00%) Dodd-Frank