The table below looks at the statistics for Basel III skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel III over the 3 months to 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Basel III
Rank 187 200 144
Rank change year-on-year
+13 -56
Contract jobs citing Basel III 13 28 82
As % of all contract IT jobs located in the City of London 0.22% 0.39% 1.05%
As % of the Quality Assurance & Compliance category 2.80% 4.80% 10.93%
Number of daily rates quoted 12 23 71
Average daily rate
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£575 £500 £550
Average daily rate % change year-on-year
+15.00% -9.09%
90% offered a daily rate of more than £500 £388 £425
10% offered a daily rate of more than £698 £670 £650
UK excluding London average daily rate £500 £433 £418
% change year-on-year
+15.60% +3.59%
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
465 583 750
As % of all contract IT jobs located in the City of London 7.90% 8.04% 9.59%
Number of daily rates quoted 338 434 560
Average daily rate £472 £475 £475
Average daily rate % change year-on-year
-0.63% -
90% offered a daily rate of more than £300 £300 £305
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £375 £350 £355
% change year-on-year
+7.14% -1.40%
Number of hourly rates quoted 8 10 20
Average hourly rate £18.00 £21.25 £17.93
Average hourly rate % change year-on-year
-15.29% +18.49%
90% offered a hourly rate of more than £12.14 £13.97 £13.50
10% offered a hourly rate of more than £29.05 £67.50 £50.01
UK excluding London average hourly rate £19.50 £17.50 £22.50
% change year-on-year
+11.42% -22.22%

Basel III
Jobs Demand Trend in the City of London

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

Basel III Jobs Demand Trend in the City of London

Basel III
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 III across the City of London region.

Basel III Daily Rate Trend in the City of London

Basel III
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel III across the City of London region over the 3 months to 21 August 2014.

Basel III Daily Rate Histogram in the City of London

Basel III
Top 30 Related IT Skills in the City of London

For the 6 months to 21 August 2014, IT contractor jobs across the City of London 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 29 (65.91%) Banking
2 22 (50.00%) SQL
3 21 (47.73%) Finance
4 14 (31.82%) Credit Risk
4 14 (31.82%) CRD IV
5 13 (29.55%) SQL Server
5 13 (29.55%) Investment Banking
6 11 (25.00%) C#
7 9 (20.45%) .NET
7 9 (20.45%) Business Analysis
8 8 (18.18%) Derivative
8 8 (18.18%) Degree
8 8 (18.18%) Market Risk
9 7 (15.91%) Microsoft
9 7 (15.91%) Front Office
10 6 (13.64%) Python
10 6 (13.64%) ETL
10 6 (13.64%) Project Management
10 6 (13.64%) Basel II
10 6 (13.64%) SQL Server Integration Services
10 6 (13.64%) Continuous Integration
10 6 (13.64%) Analytics
11 5 (11.36%) C++
11 5 (11.36%) MS Office
11 5 (11.36%) UNIX
11 5 (11.36%) MS Excel
11 5 (11.36%) Data Modelling
11 5 (11.36%) Fixed Income
11 5 (11.36%) MS PowerPoint
11 5 (11.36%) .NET Framework

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

For the 6 months to 21 August 2014, IT contractor jobs across the City of London 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.

Applications
1 5 (11.36%) MS Office
1 5 (11.36%) MS Excel
1 5 (11.36%) MS PowerPoint
2 3 (6.82%) MS Project
3 2 (4.55%) MS Visio
Database & Business Intelligence
1 13 (29.55%) SQL Server
2 6 (13.64%) SQL Server Integration Services
3 5 (11.36%) SQL Server 2008
4 4 (9.09%) SQL Server 2005
5 3 (6.82%) Data Warehouse
6 2 (4.55%) OLTP
6 2 (4.55%) RDBMS
6 2 (4.55%) Relational Database
6 2 (4.55%) SQL Server Analysis Services
Development Applications
1 4 (9.09%) MSTest
2 2 (4.55%) Moq
2 2 (4.55%) Jenkins
2 2 (4.55%) Subversion
2 2 (4.55%) TeamCity
3 1 (2.27%) ProC
General
1 29 (65.91%) Banking
2 21 (47.73%) Finance
3 13 (29.55%) Investment Banking
4 7 (15.91%) Front Office
5 4 (9.09%) Retail
6 3 (6.82%) Retail Banking
7 2 (4.55%) Back Office
8 1 (2.27%) Financial Institution
8 1 (2.27%) General Ledger
Job Titles
1 23 (52.27%) Analyst
2 22 (50.00%) Business Analyst
3 11 (25.00%) Developer
4 5 (11.36%) C# Developer
4 5 (11.36%) Credit Risk Business Analyst
4 5 (11.36%) Credit Risk Analyst
5 3 (6.82%) Investment Banking Business Analyst
5 3 (6.82%) IT Business Analyst
5 3 (6.82%) SQL Developer
5 3 (6.82%) Architect
5 3 (6.82%) Project Manager
6 2 (4.55%) Quantitative Developer
6 2 (4.55%) Data Analyst
6 2 (4.55%) .NET Developer
6 2 (4.55%) Quantitative Analyst
6 2 (4.55%) Risk Analyst
6 2 (4.55%) Business Intelligence Architect
6 2 (4.55%) WPF Developer
7 1 (2.27%) Business Solution Architect
7 1 (2.27%) C# .NET Developer
Libraries, Frameworks & Software Standards
1 9 (20.45%) .NET
2 5 (11.36%) .NET Framework
2 5 (11.36%) ADO.NET Entity Framework
3 4 (9.09%) WPF
4 2 (4.55%) LINQ
4 2 (4.55%) Ninject
5 1 (2.27%) Task Parallel Library
5 1 (2.27%) jQuery
Miscellaneous
1 14 (31.82%) Credit Risk
2 8 (18.18%) Market Risk
2 8 (18.18%) Derivative
3 5 (11.36%) Fixed Income
4 3 (6.82%) Foreign Exchange (FX)
4 3 (6.82%) Credit Derivative
5 2 (4.55%) Grid Computing
5 2 (4.55%) Equities
6 1 (2.27%) Client/Server
6 1 (2.27%) Interest Rate Derivative
6 1 (2.27%) Equity Derivative
6 1 (2.27%) Mathematics
6 1 (2.27%) Applied Mathematics
6 1 (2.27%) Hybrid Derivative
6 1 (2.27%) Reference Data
Operating Systems
1 5 (11.36%) UNIX
Processes & Methodologies
1 9 (20.45%) Business Analysis
2 6 (13.64%) ETL
2 6 (13.64%) Project Management
2 6 (13.64%) Continuous Integration
2 6 (13.64%) Analytics
3 5 (11.36%) Data Modelling
4 4 (9.09%) Business Intelligence
4 4 (9.09%) MVC
4 4 (9.09%) Data Analysis
4 4 (9.09%) TDD
4 4 (9.09%) User Acceptance Testing
5 3 (6.82%) Integration Testing
5 3 (6.82%) Multithreading
5 3 (6.82%) Data Mapping
5 3 (6.82%) Asset Management
5 3 (6.82%) Agile Software Development
6 2 (4.55%) Scrum
6 2 (4.55%) Change Management
6 2 (4.55%) OO
6 2 (4.55%) Data Architecture
Programming Languages
1 22 (50.00%) SQL
2 11 (25.00%) C#
3 6 (13.64%) Python
4 5 (11.36%) C++
5 3 (6.82%) Perl
6 2 (4.55%) Java
6 2 (4.55%) VBA
6 2 (4.55%) F#
7 1 (2.27%) MATLAB
7 1 (2.27%) C
Qualifications
1 8 (18.18%) Degree
Quality Assurance & Compliance
1 14 (31.82%) CRD IV
2 6 (13.64%) Basel II
3 3 (6.82%) QA
3 3 (6.82%) COREP
4 2 (4.55%) Dodd-Frank
4 2 (4.55%) EMIR
5 1 (2.27%) Sarbanes-Oxley
5 1 (2.27%) Data Quality
5 1 (2.27%) FINREP
Vendors
1 7 (15.91%) Microsoft
2 3 (6.82%) Sybase
3 2 (4.55%) Business Objects
3 2 (4.55%) Informatica
3 2 (4.55%) Teradata
3 2 (4.55%) Oracle
4 1 (2.27%) Brady
4 1 (2.27%) TIBCO
4 1 (2.27%) Murex
4 1 (2.27%) Calypso
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 22 days ago