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 5 May 2015 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
5 May 2015
Same period 2014 Same period 2013
Basel III
Rank 181 174 177
Rank change year-on-year
-7 +3
Contract jobs citing Basel III 14 33 27
As % of all contract IT jobs located in the City of London 0.25% 0.53% 0.43%
As % of the Quality Assurance & Compliance category 3.18% 5.61% 4.70%
Number of daily rates quoted 11 29 20
Average daily rate
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£550 £550 £500
Average daily rate % change year-on-year
- +10.00%
90% offered a daily rate of more than £488 £400 £375
10% offered a daily rate of more than £600 £650 £578
UK excluding London average daily rate £500 £451 £410
% change year-on-year
+10.98% +9.87%
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
440 588 575
As % of all contract IT jobs located in the City of London 7.99% 9.38% 9.13%
Number of daily rates quoted 322 418 426
Average daily rate £475 £475 £475
90% offered a daily rate of more than £322 £290 £300
10% offered a daily rate of more than £613 £614 £620
UK excluding London average daily rate £375 £365 £338
% change year-on-year
+2.73% +8.14%
Number of hourly rates quoted 4 9 17
Average hourly rate £13.75 £17.50 £135.00
Average hourly rate % change year-on-year
-21.42% -87.03%
UK excluding London average hourly rate £21.55 £21.00 £15.00
% change year-on-year
+2.61% +40.00%

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 5 May 2015.

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 5 May 2015, 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 17 (80.95%) Banking
2 12 (57.14%) Credit Risk
3 11 (52.38%) Finance
4 8 (38.10%) Investment Banking
5 6 (28.57%) Business Analysis
5 6 (28.57%) Stress Testing
6 5 (23.81%) Agile Software Development
6 5 (23.81%) Analytics
6 5 (23.81%) Dodd-Frank
7 4 (19.05%) Analytical Skills
7 4 (19.05%) Software Delivery
7 4 (19.05%) Market Risk
7 4 (19.05%) SQL
8 3 (14.29%) Oracle
8 3 (14.29%) Java
8 3 (14.29%) Data Modelling
8 3 (14.29%) Risk Management
8 3 (14.29%) Wholesale Banking
8 3 (14.29%) Data Analytics
9 2 (9.52%) HDFS
9 2 (9.52%) Impala
9 2 (9.52%) Oozie
9 2 (9.52%) Relational Database
9 2 (9.52%) Retail
9 2 (9.52%) Data Management
9 2 (9.52%) Adaptiv
9 2 (9.52%) Big Data
9 2 (9.52%) Apache Flume
9 2 (9.52%) Data Architecture
9 2 (9.52%) BDD

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

For the 6 months to 5 May 2015, 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 1 (4.76%) MS Office
Business Applications
1 2 (9.52%) Adaptiv
Database & Business Intelligence
1 2 (9.52%) RDBMS
1 2 (9.52%) Hadoop
1 2 (9.52%) Apache Hive
1 2 (9.52%) Big Data
1 2 (9.52%) Relational Database
1 2 (9.52%) Impala
General
1 17 (80.95%) Banking
2 11 (52.38%) Finance
3 8 (38.10%) Investment Banking
4 3 (14.29%) Wholesale Banking
5 2 (9.52%) Retail
6 1 (4.76%) Telecoms
Job Titles
1 11 (52.38%) Analyst
2 9 (42.86%) Business Analyst
3 7 (33.33%) Credit Risk Business Analyst
3 7 (33.33%) Credit Risk Analyst
4 5 (23.81%) Risk Analyst
4 5 (23.81%) Credit Analyst
5 3 (14.29%) Oracle Technical Architect
5 3 (14.29%) Architect
5 3 (14.29%) Developer
5 3 (14.29%) Technical Architect
5 3 (14.29%) Oracle Architect
5 3 (14.29%) Testing Analyst
6 2 (9.52%) Banking Business Analyst
6 2 (9.52%) Hadoop Developer
6 2 (9.52%) Test Analyst
6 2 (9.52%) Senior Developer
7 1 (4.76%) Java Developer
7 1 (4.76%) IT Business Analyst
7 1 (4.76%) UAT Tester
7 1 (4.76%) Risk Manager
Libraries, Frameworks & Software Standards
1 1 (4.76%) HTML
1 1 (4.76%) XBRL
1 1 (4.76%) Hibernate
1 1 (4.76%) Spring
1 1 (4.76%) HTML5
Miscellaneous
1 12 (57.14%) Credit Risk
2 4 (19.05%) Market Risk
2 4 (19.05%) Analytical Skills
3 1 (4.76%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (28.57%) Business Analysis
1 6 (28.57%) Stress Testing
2 5 (23.81%) Agile Software Development
2 5 (23.81%) Analytics
3 4 (19.05%) Software Delivery
4 3 (14.29%) Data Analytics
4 3 (14.29%) Data Modelling
4 3 (14.29%) Risk Management
5 2 (9.52%) Data Management
5 2 (9.52%) Data Architecture
5 2 (9.52%) Test Automation
5 2 (9.52%) BDD
5 2 (9.52%) OO
6 1 (4.76%) Logical Data Model
6 1 (4.76%) Monte Carlo Method
6 1 (4.76%) Data Mapping
6 1 (4.76%) User Acceptance Testing
6 1 (4.76%) Data Analysis
6 1 (4.76%) TDD
6 1 (4.76%) Stakeholder Management
Programming Languages
1 4 (19.05%) SQL
2 3 (14.29%) Java
3 2 (9.52%) C#
Quality Assurance & Compliance
1 5 (23.81%) Dodd-Frank
2 1 (4.76%) Basel II
2 1 (4.76%) QA
System Software
1 2 (9.52%) Apache Flume
1 2 (9.52%) HDFS
Systems Management
1 2 (9.52%) Oozie
Vendors
1 3 (14.29%) Oracle
2 2 (9.52%) SunGard
3 1 (4.76%) HP
3 1 (4.76%) Sybase
3 1 (4.76%) Microsoft
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 5 days ago
City of London
The People Network
Rate: £450 - £550 per day
Posted: 22 days ago