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 19 February 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
19 Feb 2017
Same period 2016 Same period 2015
Basel II
London / City of London
Rank - 153 189
Contract jobs citing Basel II 0 1 1
As % of all contract IT jobs located in the City of London - 0.031% 0.019%
As % of the Quality Assurance & Compliance category - 0.29% 0.21%
Number of daily rates quoted 0 1 0
Median daily rate - £475 -
UK excluding London median daily rate £413 £500 £500
% change year-on-year
-17.50% -
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
349 339 467
As % of all contract IT jobs located in the City of London 11.97% 10.63% 9.05%
Number of daily rates quoted 254 244 337
Median daily rate £500 £488 £436
Median daily rate % change year-on-year
+2.56% +11.74%
90% offered a daily rate of more than £346 £309 £250
10% offered a daily rate of more than £675 £625 £575
UK excluding London median daily rate £413 £400 £388
% change year-on-year
+3.12% +3.22%
Number of hourly rates quoted 3 7 2
Median hourly rate £14.00 £22.00 £30.13
Median hourly rate % change year-on-year
-36.36% -26.97%
90% offered a hourly rate of more than £13.60 £21.20 £19.23
10% offered a hourly rate of more than £18.00 £38.90 £41.03
UK excluding London median hourly rate £20.00 £44.00 £23.75
% change year-on-year
-54.54% +85.26%

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 27 Related IT Skills in the City of London

For the 6 months to 19 February 2017, 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 2 (100.00%) XML
1 2 (100.00%) Data Modelling
1 2 (100.00%) Murex
1 2 (100.00%) Foreign Exchange (FX)
1 2 (100.00%) Risk Management
1 2 (100.00%) Finance
1 2 (100.00%) Fixed Income
1 2 (100.00%) Banking
1 2 (100.00%) Derivative
1 2 (100.00%) Market Risk
1 2 (100.00%) Basel III
1 2 (100.00%) Analytics
1 2 (100.00%) Dodd-Frank
1 2 (100.00%) SDLC
1 2 (100.00%) Business Analysis
1 2 (100.00%) Data Flow Diagram
2 1 (50.00%) Workflow Analysis
2 1 (50.00%) Release Management
2 1 (50.00%) Integration Testing
2 1 (50.00%) CFA
2 1 (50.00%) Degree
2 1 (50.00%) Use Case
2 1 (50.00%) Data Analysis
2 1 (50.00%) Economics
2 1 (50.00%) Equities
2 1 (50.00%) MBA
2 1 (50.00%) Workflow

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:

General
1 2 (100.00%) Banking
1 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Business Analyst
1 2 (100.00%) Risk Analyst
1 2 (100.00%) Risk Business Analyst
2 1 (50.00%) Finance Business Analyst
2 1 (50.00%) Financial Analyst
2 1 (50.00%) Financial Business Analyst
2 1 (50.00%) Market Risk Analyst
2 1 (50.00%) Market Risk Business Analyst
2 1 (50.00%) Murex Analyst
2 1 (50.00%) Murex Business Analyst
2 1 (50.00%) Senior Analyst
2 1 (50.00%) Senior Business Analyst
2 1 (50.00%) Senior Financial Analyst
2 1 (50.00%) Senior Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (100.00%) XML
Miscellaneous
1 2 (100.00%) Derivative
1 2 (100.00%) Fixed Income
1 2 (100.00%) Foreign Exchange (FX)
1 2 (100.00%) Market Risk
2 1 (50.00%) Economics
2 1 (50.00%) Equities
Processes & Methodologies
1 2 (100.00%) Analytics
1 2 (100.00%) Business Analysis
1 2 (100.00%) Data Flow Diagram
1 2 (100.00%) Data Modelling
1 2 (100.00%) Risk Management
1 2 (100.00%) SDLC
2 1 (50.00%) Data Analysis
2 1 (50.00%) Integration Testing
2 1 (50.00%) Release Management
2 1 (50.00%) Use Case
2 1 (50.00%) Workflow
2 1 (50.00%) Workflow Analysis
Qualifications
1 1 (50.00%) CFA
1 1 (50.00%) Degree
1 1 (50.00%) MBA
Quality Assurance & Compliance
1 2 (100.00%) Basel III
1 2 (100.00%) Dodd-Frank
Vendors
1 2 (100.00%) Murex