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 1 August 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
1 Aug 2014
Same period 2013 Same period 2012
Basel III
Rank 179 193 161
Rank change year-on-year
+14 -32
Contract jobs citing Basel III 13 27 66
As % of all contract IT jobs located in the City of London 0.23% 0.38% 0.85%
As % of the Quality Assurance & Compliance category 2.78% 4.52% 9.23%
Number of daily rates quoted 13 22 56
Average daily rate
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£575 £519 £535
Average daily rate % change year-on-year
+10.84% -3.03%
90% offered a daily rate of more than £505 £400 £425
10% offered a daily rate of more than £695 £673 £625
UK excluding London average daily rate £488 £433 £420
% change year-on-year
+12.71% +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
467 598 715
As % of all contract IT jobs located in the City of London 8.10% 8.44% 9.18%
Number of daily rates quoted 332 448 521
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £300 £322
10% offered a daily rate of more than £600 £608 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 6 7 22
Average hourly rate £17.50 £22.50 £18.85
Average hourly rate % change year-on-year
-22.22% +19.36%
90% offered a hourly rate of more than £11.32 £13.97 £13.70
10% offered a hourly rate of more than £31.75 £36.40 £49.20
UK excluding London average hourly rate £20.10 £17.50 £20.00
% change year-on-year
+14.87% -12.50%
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 1 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 1 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 28 (60.87%) Banking
2 22 (47.83%) SQL
3 21 (45.65%) Finance
4 18 (39.13%) CRD IV
5 15 (32.61%) C#
6 14 (30.43%) Credit Risk
7 13 (28.26%) SQL Server
8 12 (26.09%) Market Risk
8 12 (26.09%) Investment Banking
9 10 (21.74%) Business Analysis
10 9 (19.57%) .NET
11 8 (17.39%) C++
11 8 (17.39%) Degree
12 7 (15.22%) Derivative
12 7 (15.22%) Microsoft
12 7 (15.22%) Front Office
13 6 (13.04%) Basel II
13 6 (13.04%) ETL
13 6 (13.04%) Python
13 6 (13.04%) SQL Server Integration Services
13 6 (13.04%) Continuous Integration
13 6 (13.04%) Analytics
14 5 (10.87%) ADO.NET Entity Framework
14 5 (10.87%) SQL Server 2008
14 5 (10.87%) .NET Framework
14 5 (10.87%) MS PowerPoint
14 5 (10.87%) MS Excel
14 5 (10.87%) Sybase
14 5 (10.87%) Java
14 5 (10.87%) MS Office

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

For the 6 months to 1 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 (10.87%) MS PowerPoint
1 5 (10.87%) MS Excel
1 5 (10.87%) MS Office
2 3 (6.52%) MS Project
3 2 (4.35%) MS Visio
Database & Business Intelligence
1 13 (28.26%) SQL Server
2 6 (13.04%) SQL Server Integration Services
3 5 (10.87%) SQL Server 2008
4 4 (8.70%) SQL Server 2005
5 3 (6.52%) Data Warehouse
6 2 (4.35%) OLTP
6 2 (4.35%) RDBMS
6 2 (4.35%) SQL Server Analysis Services
6 2 (4.35%) Relational Database
Development Applications
1 4 (8.70%) MSTest
2 2 (4.35%) Subversion
2 2 (4.35%) TeamCity
2 2 (4.35%) Moq
2 2 (4.35%) Jenkins
3 1 (2.17%) ProC
General
1 28 (60.87%) Banking
2 21 (45.65%) Finance
3 12 (26.09%) Investment Banking
4 7 (15.22%) Front Office
5 4 (8.70%) Retail
6 3 (6.52%) Retail Banking
7 2 (4.35%) Back Office
8 1 (2.17%) General Ledger
8 1 (2.17%) Financial Institution
Job Titles
1 25 (54.35%) Analyst
2 23 (50.00%) Business Analyst
3 15 (32.61%) Developer
4 5 (10.87%) Credit Risk Analyst
4 5 (10.87%) Credit Risk Business Analyst
4 5 (10.87%) C# Developer
5 4 (8.70%) Analyst Developer
5 4 (8.70%) Investment Banking Business Analyst
6 3 (6.52%) IT Business Analyst
6 3 (6.52%) Architect
6 3 (6.52%) Project Manager
6 3 (6.52%) Business Developer
6 3 (6.52%) SQL Developer
7 2 (4.35%) Quantitative Developer
7 2 (4.35%) Quantitative Analyst
7 2 (4.35%) Data Analyst
7 2 (4.35%) .NET Developer
7 2 (4.35%) Business Intelligence Architect
7 2 (4.35%) WPF Developer
8 1 (2.17%) Business Solution Architect
Libraries, Frameworks & Software Standards
1 9 (19.57%) .NET
2 5 (10.87%) ADO.NET Entity Framework
2 5 (10.87%) .NET Framework
3 4 (8.70%) WPF
4 2 (4.35%) LINQ
4 2 (4.35%) Ninject
5 1 (2.17%) Task Parallel Library
5 1 (2.17%) jQuery
Miscellaneous
1 14 (30.43%) Credit Risk
2 12 (26.09%) Market Risk
3 7 (15.22%) Derivative
4 5 (10.87%) Fixed Income
5 3 (6.52%) Credit Derivative
5 3 (6.52%) Foreign Exchange (FX)
6 2 (4.35%) Grid Computing
6 2 (4.35%) Equities
7 1 (2.17%) Reference Data
7 1 (2.17%) Mathematics
7 1 (2.17%) Applied Mathematics
7 1 (2.17%) Hybrid Derivative
7 1 (2.17%) Interest Rate Derivative
7 1 (2.17%) Equity Derivative
7 1 (2.17%) Client/Server
Operating Systems
1 5 (10.87%) UNIX
Processes & Methodologies
1 10 (21.74%) Business Analysis
2 6 (13.04%) ETL
2 6 (13.04%) Continuous Integration
2 6 (13.04%) Analytics
3 5 (10.87%) Data Modelling
3 5 (10.87%) Project Management
4 4 (8.70%) MVC
4 4 (8.70%) Business Intelligence
4 4 (8.70%) TDD
4 4 (8.70%) Data Analysis
4 4 (8.70%) User Acceptance Testing
5 3 (6.52%) Integration Testing
5 3 (6.52%) Multithreading
5 3 (6.52%) Data Mapping
5 3 (6.52%) Asset Management
5 3 (6.52%) Agile Software Development
5 3 (6.52%) OO
6 2 (4.35%) Risk Analytics
6 2 (4.35%) Scrum
6 2 (4.35%) Change Management
Programming Languages
1 22 (47.83%) SQL
2 15 (32.61%) C#
3 8 (17.39%) C++
4 6 (13.04%) Python
5 5 (10.87%) Java
6 4 (8.70%) VBA
7 3 (6.52%) Perl
8 2 (4.35%) F#
9 1 (2.17%) C
9 1 (2.17%) MATLAB
Qualifications
1 8 (17.39%) Degree
Quality Assurance & Compliance
1 18 (39.13%) CRD IV
2 6 (13.04%) Basel II
3 3 (6.52%) QA
3 3 (6.52%) COREP
4 1 (2.17%) Data Quality
4 1 (2.17%) EMIR
4 1 (2.17%) Sarbanes-Oxley
4 1 (2.17%) Dodd-Frank
4 1 (2.17%) FINREP
Vendors
1 7 (15.22%) Microsoft
2 5 (10.87%) Sybase
3 2 (4.35%) Teradata
3 2 (4.35%) Informatica
3 2 (4.35%) Business Objects
3 2 (4.35%) Oracle
4 1 (2.17%) Brady
4 1 (2.17%) TIBCO
4 1 (2.17%) Murex
4 1 (2.17%) Calypso
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 2 days ago
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 6 days ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 6 days ago