The first table below looks at the demand 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 25 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the City of London region.

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
25 Jul 2014
Same period 2013 Same period 2012
Basel III
Rank 193 192 157
Rank change year-on-year
-1 -35
Contract jobs citing Basel III 12 29 64
As % of all contract IT jobs located in the City of London 0.20% 0.41% 0.82%
As % of the Quality Assurance & Compliance category 2.48% 4.73% 9.12%
Number of daily rates quoted 12 24 53
Average daily rate
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£563 £519 £545
Average daily rate % change year-on-year
+8.43% -4.81%
90% offered a daily rate of more than £503 £400 £425
10% offered a daily rate of more than £695 £668 £625
UK excluding London average daily rate £494 £433 £420
% change year-on-year
+14.16% +2.97%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
484 613 702
As % of all contract IT jobs located in the City of London 8.21% 8.63% 8.99%
Number of daily rates quoted 343 456 502
Average daily rate £484 £475 £475
Average daily rate % change year-on-year
+1.89% -
90% offered a daily rate of more than £300 £313 £319
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 6 9 19
Average hourly rate £17.50 £27.50 £19.00
Average hourly rate % change year-on-year
-36.36% +44.73%
90% offered a hourly rate of more than £11.32 £13.97 £13.50
10% offered a hourly rate of more than £31.75 £61.40 £24.10
UK excluding London average hourly rate £21.00 £17.50 £19.00
% change year-on-year
+20.00% -7.89%
Basel III
London

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 25 July 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 25 July 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 25 (59.52%) Banking
2 21 (50.00%) SQL
3 18 (42.86%) CRD IV
4 17 (40.48%) Finance
5 13 (30.95%) C#
6 12 (28.57%) Credit Risk
7 11 (26.19%) Market Risk
7 11 (26.19%) Investment Banking
7 11 (26.19%) SQL Server
8 9 (21.43%) Business Analysis
9 8 (19.05%) C++
9 8 (19.05%) .NET
10 7 (16.67%) Derivative
10 7 (16.67%) Degree
11 6 (14.29%) Python
11 6 (14.29%) ETL
11 6 (14.29%) Microsoft
11 6 (14.29%) Basel II
11 6 (14.29%) Front Office
12 5 (11.90%) Fixed Income
12 5 (11.90%) UNIX
12 5 (11.90%) Java
12 5 (11.90%) .NET Framework
12 5 (11.90%) MS PowerPoint
12 5 (11.90%) SQL Server Integration Services
12 5 (11.90%) Continuous Integration
12 5 (11.90%) SQL Server 2008
12 5 (11.90%) ADO.NET Entity Framework
12 5 (11.90%) Analytics
13 4 (9.52%) MSTest

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

For the 6 months to 25 July 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 (11.90%) MS PowerPoint
2 4 (9.52%) MS Office
2 4 (9.52%) MS Excel
3 3 (7.14%) MS Project
4 2 (4.76%) MS Visio
Database & Business Intelligence
1 11 (26.19%) SQL Server
2 5 (11.90%) SQL Server Integration Services
2 5 (11.90%) SQL Server 2008
3 4 (9.52%) SQL Server 2005
4 2 (4.76%) Data Warehouse
5 1 (2.38%) OLTP
5 1 (2.38%) RDBMS
5 1 (2.38%) Relational Database
5 1 (2.38%) SQL Server Analysis Services
Development Applications
1 4 (9.52%) MSTest
2 2 (4.76%) Moq
2 2 (4.76%) Subversion
2 2 (4.76%) TeamCity
3 1 (2.38%) Jenkins
3 1 (2.38%) ProC
General
1 25 (59.52%) Banking
2 17 (40.48%) Finance
3 11 (26.19%) Investment Banking
4 6 (14.29%) Front Office
5 4 (9.52%) Retail
6 3 (7.14%) Retail Banking
7 1 (2.38%) General Ledger
7 1 (2.38%) Back Office
Job Titles
1 23 (54.76%) Analyst
2 21 (50.00%) Business Analyst
3 15 (35.71%) Developer
4 5 (11.90%) C# Developer
4 5 (11.90%) Credit Risk Business Analyst
4 5 (11.90%) Credit Risk Analyst
5 4 (9.52%) Investment Banking Business Analyst
5 4 (9.52%) Analyst Developer
6 3 (7.14%) SQL Developer
6 3 (7.14%) Project Manager
6 3 (7.14%) Business Developer
7 2 (4.76%) Data Analyst
7 2 (4.76%) .NET Developer
7 2 (4.76%) Quantitative Developer
7 2 (4.76%) IT Business Analyst
7 2 (4.76%) Quantitative Analyst
7 2 (4.76%) WPF Developer
8 1 (2.38%) Quality Analyst
8 1 (2.38%) Banking Business Analyst
8 1 (2.38%) Risk Manager
Libraries, Frameworks & Software Standards
1 8 (19.05%) .NET
2 5 (11.90%) .NET Framework
2 5 (11.90%) ADO.NET Entity Framework
3 4 (9.52%) WPF
4 2 (4.76%) LINQ
4 2 (4.76%) Ninject
5 1 (2.38%) Task Parallel Library
5 1 (2.38%) jQuery
Miscellaneous
1 12 (28.57%) Credit Risk
2 11 (26.19%) Market Risk
3 7 (16.67%) Derivative
4 5 (11.90%) Fixed Income
5 3 (7.14%) Foreign Exchange (FX)
5 3 (7.14%) Credit Derivative
6 2 (4.76%) Equities
7 1 (2.38%) Hybrid Derivative
7 1 (2.38%) Reference Data
7 1 (2.38%) Client/Server
7 1 (2.38%) Grid Computing
7 1 (2.38%) Interest Rate Derivative
7 1 (2.38%) Equity Derivative
7 1 (2.38%) Mathematics
7 1 (2.38%) Applied Mathematics
Operating Systems
1 5 (11.90%) UNIX
Processes & Methodologies
1 9 (21.43%) Business Analysis
2 6 (14.29%) ETL
3 5 (11.90%) Continuous Integration
3 5 (11.90%) Analytics
4 4 (9.52%) User Acceptance Testing
4 4 (9.52%) Project Management
4 4 (9.52%) MVC
4 4 (9.52%) Data Analysis
4 4 (9.52%) TDD
5 3 (7.14%) Asset Management
5 3 (7.14%) Agile Software Development
5 3 (7.14%) Data Modelling
5 3 (7.14%) Integration Testing
5 3 (7.14%) Data Mapping
6 2 (4.76%) Multithreading
6 2 (4.76%) OO
6 2 (4.76%) Business Intelligence
6 2 (4.76%) Change Management
6 2 (4.76%) Scrum
6 2 (4.76%) Risk Analytics
Programming Languages
1 21 (50.00%) SQL
2 13 (30.95%) C#
3 8 (19.05%) C++
4 6 (14.29%) Python
5 5 (11.90%) Java
6 4 (9.52%) VBA
7 3 (7.14%) Perl
8 2 (4.76%) F#
9 1 (2.38%) C
9 1 (2.38%) MATLAB
Qualifications
1 7 (16.67%) Degree
Quality Assurance & Compliance
1 18 (42.86%) CRD IV
2 6 (14.29%) Basel II
3 3 (7.14%) QA
3 3 (7.14%) COREP
4 1 (2.38%) FINREP
4 1 (2.38%) Dodd-Frank
4 1 (2.38%) Data Quality
4 1 (2.38%) EMIR
4 1 (2.38%) Sarbanes-Oxley
Vendors
1 6 (14.29%) Microsoft
2 4 (9.52%) Sybase
3 2 (4.76%) Business Objects
3 2 (4.76%) Informatica
4 1 (2.38%) TIBCO
4 1 (2.38%) Teradata
4 1 (2.38%) Brady
4 1 (2.38%) Murex
4 1 (2.38%) Calypso
4 1 (2.38%) Oracle
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 13 hours ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 16 hours ago
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 17 days ago
City of London
Orgtel
Rate: £600 - £700 per day
Posted: 25 days ago