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 contractor rates offered in IT contracts that have cited Basel III over the 3 months to 21 January 2017 with a comparison to the same period over 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.

3 months to
21 Jan 2017
Same period 2016 Same period 2015
Basel III
London / Canary Wharf
Rank - - 22
Contract jobs citing Basel III 0 0 2
As % of all contract IT jobs located in Canary Wharf - - 1.83%
As % of the Quality Assurance & Compliance category - - 20.00%
Number of daily rates quoted 0 0 2
Median daily rate - - £575
UK excluding London median daily rate - £475 £500
% change year-on-year
- -4.95%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
9 17 10
As % of all contract IT jobs located in Canary Wharf 7.20% 12.32% 9.17%
Number of daily rates quoted 8 13 9
Median daily rate £500 £471 £550
Median daily rate % change year-on-year
+6.10% -14.31%
90% offered a daily rate of more than £425 £375 £383
10% offered a daily rate of more than £605 £600 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £22.75 £42.00 £24.00
% change year-on-year
-45.83% +75.00%

Basel III
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing Basel III as a proportion of all IT contracts with a match in 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