The table below looks at the statistics for Basel II skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Basel II over the 3 months to 27 August 2016 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
27 Aug 2016
Same period 2015 Same period 2014
Basel II
Rank 174 203 205
Rank change year-on-year
+29 +2
Contract jobs citing Basel II 1 5 3
As % of all contract IT jobs located in the City of London 0.029% 0.092% 0.051%
As % of the Quality Assurance & Compliance category 0.29% 0.99% 0.53%
Number of daily rates quoted 1 5 3
Median daily rate £350 £500 £650
Median daily rate % change year-on-year
-30.00% -23.07%
UK excluding London median daily rate £463 £490 £500
% change year-on-year
-5.61% -2.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Basel II
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
347 504 564
As % of all contract IT jobs located in the City of London 10.03% 9.27% 9.54%
Number of daily rates quoted 277 371 402
Median daily rate £475 £450 £463
Median daily rate % change year-on-year
+5.55% -2.70%
90% offered a daily rate of more than £325 £320 £300
10% offered a daily rate of more than £585 £600 £600
UK excluding London median daily rate £400 £405 £384
% change year-on-year
-1.23% +5.46%
Number of hourly rates quoted 2 7 8
Median hourly rate £52.75 £24.00 £18.00
Median hourly rate % change year-on-year
+119.79% +33.33%
90% offered a hourly rate of more than £26.55 £15.80 £12.14
10% offered a hourly rate of more than £78.95 £55.50 £29.05
UK excluding London median hourly rate £28.15 £24.75 £19.75
% change year-on-year
+13.73% +25.31%

Basel II
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Basel II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in the City of London

Basel II
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the City of London region.

Basel II Daily Rate Trend in the City of London

Basel II
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the City of London region.

Basel II Hourly Rate Trend in the City of London

Basel II
Top 20 Related IT Skills in the City of London

For the 6 months to 27 August 2016, IT contractor jobs citing Basel II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Basel II.

1 1 (50.00%) Java
1 1 (50.00%) JavaScript
1 1 (50.00%) PHP
1 1 (50.00%) SQL
1 1 (50.00%) CRM
1 1 (50.00%) ERP
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Finance
1 1 (50.00%) Migration
1 1 (50.00%) Banking
1 1 (50.00%) Asset Management
1 1 (50.00%) Data Analysis
1 1 (50.00%) Investment Banking
1 1 (50.00%) Business Analysis
1 1 (50.00%) Web Development
1 1 (50.00%) Credit Risk
1 1 (50.00%) Network Security
1 1 (50.00%) Data Mapping
1 1 (50.00%) Basel III
1 1 (50.00%) Digital Media

Basel II
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Communications & Networking
1 1 (50.00%) Network Security
General
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Business Analyst
1 1 (50.00%) Credit Risk Manager
1 1 (50.00%) Risk Analyst
1 1 (50.00%) Risk Business Analyst
1 1 (50.00%) Risk Manager
1 1 (50.00%) Test Leader
1 1 (50.00%) Test Manager
Miscellaneous
1 1 (50.00%) Credit Risk
1 1 (50.00%) Digital Media
Processes & Methodologies
1 1 (50.00%) Asset Management
1 1 (50.00%) Business Analysis
1 1 (50.00%) CRM
1 1 (50.00%) Data Analysis
1 1 (50.00%) Data Mapping
1 1 (50.00%) ERP
1 1 (50.00%) GAP Analysis
1 1 (50.00%) Migration
1 1 (50.00%) Web Development
Programming Languages
1 1 (50.00%) Java
1 1 (50.00%) JavaScript
1 1 (50.00%) PHP
1 1 (50.00%) SQL
Quality Assurance & Compliance
1 1 (50.00%) Basel III