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 31 October 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
31 Oct 2014
Same period 2013 Same period 2012
Basel III
Rank 203 203 151
Rank change year-on-year
0 -52
Contract jobs citing Basel III 4 22 65
As % of all contract IT jobs located in the City of London 0.066% 0.31% 0.93%
As % of the Quality Assurance & Compliance category 0.84% 3.91% 9.85%
Number of daily rates quoted 3 19 61
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £525 £550
Average daily rate % change year-on-year
-9.52% -4.54%
UK excluding London average daily rate £475 £433 £379
% change year-on-year
+9.82% +14.19%
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
478 563 660
As % of all contract IT jobs located in the City of London 7.93% 7.83% 9.47%
Number of daily rates quoted 347 425 514
Average daily rate £450 £478 £465
Average daily rate % change year-on-year
-5.75% +2.68%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £638 £632 £634
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 11 8 11
Average hourly rate £17.50 £52.82 £20.00
Average hourly rate % change year-on-year
-66.86% +164.07%
90% offered a hourly rate of more than £12.50 £14.39 £13.50
10% offered a hourly rate of more than £27.50 £67.50 £49.02
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 31 October 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 12 (70.59%) Banking
2 9 (52.94%) Finance
3 7 (41.18%) Investment Banking
4 6 (35.29%) SQL
4 6 (35.29%) SQL Server
4 6 (35.29%) Credit Risk
5 5 (29.41%) Market Risk
5 5 (29.41%) C#
5 5 (29.41%) Project Management
6 4 (23.53%) Front Office
6 4 (23.53%) Data Modelling
6 4 (23.53%) Business Intelligence
6 4 (23.53%) Degree
7 3 (17.65%) SQL Server Integration Services
7 3 (17.65%) Business Analysis
7 3 (17.65%) .NET
7 3 (17.65%) Basel II
7 3 (17.65%) Microsoft
7 3 (17.65%) Agile Software Development
7 3 (17.65%) Continuous Integration
8 2 (11.76%) SQL Server Analysis Services
8 2 (11.76%) Multithreading
8 2 (11.76%) Data Architecture
8 2 (11.76%) Analytics
8 2 (11.76%) Jenkins
8 2 (11.76%) Quantitative Risk Management
8 2 (11.76%) Relational Database
8 2 (11.76%) Back Office
8 2 (11.76%) Oracle
8 2 (11.76%) Sybase

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

For the 6 months to 31 October 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 2 (11.76%) MS Excel
2 1 (5.88%) MS Visio
2 1 (5.88%) MS PowerPoint
2 1 (5.88%) MS Office
Database & Business Intelligence
1 6 (35.29%) SQL Server
2 3 (17.65%) SQL Server Integration Services
3 2 (11.76%) SQL Server Analysis Services
3 2 (11.76%) Relational Database
3 2 (11.76%) Data Warehouse
3 2 (11.76%) OLTP
3 2 (11.76%) RDBMS
4 1 (5.88%) SQL Server 2005
4 1 (5.88%) SQL Server 2008
Development Applications
1 2 (11.76%) Jenkins
2 1 (5.88%) Subversion
2 1 (5.88%) TeamCity
2 1 (5.88%) MSTest
2 1 (5.88%) Moq
General
1 12 (70.59%) Banking
2 9 (52.94%) Finance
3 7 (41.18%) Investment Banking
4 4 (23.53%) Front Office
5 2 (11.76%) Back Office
6 1 (5.88%) Financial Institution
6 1 (5.88%) General Ledger
Job Titles
1 7 (41.18%) Analyst
2 6 (35.29%) Business Analyst
3 4 (23.53%) Architect
4 3 (17.65%) Developer
5 2 (11.76%) Project Manager
5 2 (11.76%) Business Intelligence Architect
6 1 (5.88%) WPF Developer
6 1 (5.88%) Business Solution Architect
6 1 (5.88%) Technical Architect
6 1 (5.88%) Business Developer
6 1 (5.88%) Solutions Architect
6 1 (5.88%) Data Analyst
6 1 (5.88%) C# Developer
6 1 (5.88%) Business Objects Developer
6 1 (5.88%) SQL Developer
6 1 (5.88%) Business Architect
6 1 (5.88%) Risk Analyst
6 1 (5.88%) VBA Developer
6 1 (5.88%) IT Business Analyst
6 1 (5.88%) Excel Developer
Libraries, Frameworks & Software Standards
1 3 (17.65%) .NET
2 1 (5.88%) .NET Framework
2 1 (5.88%) WPF
2 1 (5.88%) ADO.NET Entity Framework
2 1 (5.88%) Ninject
Miscellaneous
1 6 (35.29%) Credit Risk
2 5 (29.41%) Market Risk
3 2 (11.76%) Grid Computing
4 1 (5.88%) Derivative
4 1 (5.88%) Foreign Exchange (FX)
4 1 (5.88%) Fixed Income
4 1 (5.88%) Analytical Skills
Operating Systems
1 1 (5.88%) UNIX
Processes & Methodologies
1 5 (29.41%) Project Management
2 4 (23.53%) Data Modelling
2 4 (23.53%) Business Intelligence
3 3 (17.65%) Agile Software Development
3 3 (17.65%) Continuous Integration
3 3 (17.65%) Business Analysis
4 2 (11.76%) Analytics
4 2 (11.76%) Quantitative Risk Management
4 2 (11.76%) Multithreading
4 2 (11.76%) Data Architecture
4 2 (11.76%) Asset Management
4 2 (11.76%) OO
4 2 (11.76%) ETL
4 2 (11.76%) Change Management
5 1 (5.88%) MVC
5 1 (5.88%) Risk Management
5 1 (5.88%) Stakeholder Management
5 1 (5.88%) Data Management
5 1 (5.88%) TDD
5 1 (5.88%) Stakeholder Engagement
Programming Languages
1 6 (35.29%) SQL
2 5 (29.41%) C#
3 1 (5.88%) VBA
Qualifications
1 4 (23.53%) Degree
Quality Assurance & Compliance
1 3 (17.65%) Basel II
2 1 (5.88%) Solvency II
2 1 (5.88%) Data Quality
2 1 (5.88%) EMIR
2 1 (5.88%) Dodd-Frank
Vendors
1 3 (17.65%) Microsoft
2 2 (11.76%) Oracle
2 2 (11.76%) Sybase
2 2 (11.76%) Teradata
3 1 (5.88%) Business Objects
3 1 (5.88%) Informatica
City of London
Orgtel
Rate: £800 - £1200 per day
Posted: 8 days ago
City of London
iKonnect
Rate: £700 - £800 per day
Posted: 10 days ago