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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Basel III
Rank 184 166 163
Rank change year-on-year
-18 -3
Contract jobs citing Basel III 7 36 24
As % of all contract IT jobs located in the City of London 0.14% 0.60% 0.43%
As % of the Quality Assurance & Compliance category 1.85% 6.75% 5.39%
Number of daily rates quoted 7 27 22
Average daily rate
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£625 £525 £500
Average daily rate % change year-on-year
+19.04% +5.00%
90% offered a daily rate of more than £325 £450 £413
10% offered a daily rate of more than £730 £675 £600
UK excluding London average daily rate £500 £438 £383
% change year-on-year
+14.22% +14.44%
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
379 533 445
As % of all contract IT jobs located in the City of London 7.48% 8.86% 7.89%
Number of daily rates quoted 280 400 319
Average daily rate £435 £475 £450
Average daily rate % change year-on-year
-8.42% +5.55%
90% offered a daily rate of more than £259 £300 £314
10% offered a daily rate of more than £576 £625 £600
UK excluding London average daily rate £375 £350 £330
% change year-on-year
+7.14% +6.06%
Number of hourly rates quoted 3 3 10
Average hourly rate £17.50 £18.70 £42.50
Average hourly rate % change year-on-year
-6.41% -56.00%
90% offered a hourly rate of more than £16.70 £17.74 £16.45
10% offered a hourly rate of more than £38.50 £23.74 £135.00
UK excluding London average hourly rate £19.00 £17.23 £22.75
% change year-on-year
+10.30% -24.28%

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 23 January 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 23 January 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 7 (46.67%) Finance
1 7 (46.67%) Banking
2 6 (40.00%) SQL
3 5 (33.33%) Credit Risk
4 4 (26.67%) Business Analysis
4 4 (26.67%) Investment Banking
4 4 (26.67%) C#
4 4 (26.67%) Data Modelling
5 3 (20.00%) OO
5 3 (20.00%) RDBMS
5 3 (20.00%) Project Management
5 3 (20.00%) Data Architecture
5 3 (20.00%) Relational Database
5 3 (20.00%) Dodd-Frank
5 3 (20.00%) Agile Software Development
6 2 (13.33%) HDFS
6 2 (13.33%) Impala
6 2 (13.33%) Analytical Skills
6 2 (13.33%) Logical Data Model
6 2 (13.33%) Oozie
6 2 (13.33%) BDD
6 2 (13.33%) Apache Hive
6 2 (13.33%) Test Automation
6 2 (13.33%) Hadoop
6 2 (13.33%) Big Data
6 2 (13.33%) Apache Flume
6 2 (13.33%) Data Management
6 2 (13.33%) Business Intelligence
6 2 (13.33%) Java
6 2 (13.33%) SQL Server

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

For the 6 months to 23 January 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 (6.67%) MS Office
1 1 (6.67%) MS Excel
Database & Business Intelligence
1 3 (20.00%) RDBMS
1 3 (20.00%) Relational Database
2 2 (13.33%) Impala
2 2 (13.33%) Apache Hive
2 2 (13.33%) Hadoop
2 2 (13.33%) Big Data
2 2 (13.33%) SQL Server
3 1 (6.67%) OLTP
3 1 (6.67%) Data Warehouse
3 1 (6.67%) SQL Server Integration Services
3 1 (6.67%) SQL Server Analysis Services
Development Applications
1 1 (6.67%) Jenkins
General
1 7 (46.67%) Finance
1 7 (46.67%) Banking
2 4 (26.67%) Investment Banking
3 1 (6.67%) Financial Institution
3 1 (6.67%) Front Office
3 1 (6.67%) Back Office
Job Titles
1 7 (46.67%) Analyst
2 4 (26.67%) Business Analyst
3 3 (20.00%) Architect
3 3 (20.00%) Developer
4 2 (13.33%) Hadoop Developer
4 2 (13.33%) Senior Developer
4 2 (13.33%) Test Analyst
5 1 (6.67%) Technical Architect
5 1 (6.67%) Solutions Architect
5 1 (6.67%) Programme Manager
5 1 (6.67%) Business Architect
5 1 (6.67%) Risk Manager
5 1 (6.67%) Risk Analyst
5 1 (6.67%) VBA Developer
5 1 (6.67%) IT Business Analyst
5 1 (6.67%) Excel Developer
5 1 (6.67%) Excel VBA Developer
5 1 (6.67%) Banking Business Analyst
5 1 (6.67%) Business Solution Architect
5 1 (6.67%) Business Intelligence Architect
Libraries, Frameworks & Software Standards
1 1 (6.67%) .NET
Miscellaneous
1 5 (33.33%) Credit Risk
2 2 (13.33%) Analytical Skills
3 1 (6.67%) Grid Computing
3 1 (6.67%) Derivative
3 1 (6.67%) Market Risk
Processes & Methodologies
1 4 (26.67%) Business Analysis
1 4 (26.67%) Data Modelling
2 3 (20.00%) OO
2 3 (20.00%) Project Management
2 3 (20.00%) Data Architecture
2 3 (20.00%) Agile Software Development
3 2 (13.33%) Logical Data Model
3 2 (13.33%) BDD
3 2 (13.33%) Test Automation
3 2 (13.33%) Data Management
3 2 (13.33%) Business Intelligence
4 1 (6.67%) Stakeholder Management
4 1 (6.67%) Quality Management
4 1 (6.67%) Risk Management
4 1 (6.67%) Data Analysis
4 1 (6.67%) Stress Testing
4 1 (6.67%) Continuous Integration
4 1 (6.67%) Multithreading
4 1 (6.67%) Data Mapping
4 1 (6.67%) Analytics
Programming Languages
1 6 (40.00%) SQL
2 4 (26.67%) C#
3 2 (13.33%) Java
4 1 (6.67%) VBA
Qualifications
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 3 (20.00%) Dodd-Frank
2 1 (6.67%) Basel II
2 1 (6.67%) QA
2 1 (6.67%) Solvency II
2 1 (6.67%) EMIR
System Software
1 2 (13.33%) HDFS
1 2 (13.33%) Apache Flume
Systems Management
1 2 (13.33%) Oozie
Vendors
1 1 (6.67%) Teradata
1 1 (6.67%) Sybase
1 1 (6.67%) Oracle
1 1 (6.67%) Microsoft
1 1 (6.67%) HP
City of London
Real Staffing
Rate: £300 - £350 per day + competitive
Posted: 10 days ago