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 17 April 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
17 Apr 2014
Same period 2013 Same period 2012
Basel III
Rank 177 171 160
Rank change year-on-year
-6 -11
Contract jobs citing Basel III 33 29 63
As % of all contract IT jobs located in the City of London 0.51% 0.47% 0.78%
As % of the Quality Assurance & Compliance category 5.39% 5.42% 7.85%
Number of daily rates quoted 28 20 55
Average daily rate £563 £500 £600
Average daily rate % change year-on-year
+12.50% -16.66%
90% offered a daily rate of more than £400 £375 £435
10% offered a daily rate of more than £650 £578 £765
UK excluding London average daily rate £475 £385 -
% change year-on-year
+23.37% -
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
612 535 803
As % of all contract IT jobs located in the City of London 9.47% 8.61% 9.93%
Number of daily rates quoted 420 394 584
Average daily rate £450 £450 £500
Average daily rate % change year-on-year
- -10.00%
90% offered a daily rate of more than £290 £275 £301
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £365 £325 £350
% change year-on-year
+12.30% -7.14%
Number of hourly rates quoted 9 16 25
Average hourly rate £17.50 £135.00 £17.87
Average hourly rate % change year-on-year
-87.03% +655.66%
90% offered a hourly rate of more than £14.60 £15.85 £12.37
10% offered a hourly rate of more than £27.50 £135.00 £22.50
UK excluding London average hourly rate £18.00 £15.50 £16.43
% change year-on-year
+16.12% -5.63%
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 17 April 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 17 April 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 41 (59.42%) SQL
2 31 (44.93%) Banking
3 30 (43.48%) Finance
4 29 (42.03%) CRD IV
5 21 (30.43%) Credit Risk
6 18 (26.09%) Microsoft
7 15 (21.74%) SQL Server
7 15 (21.74%) Market Risk
8 14 (20.29%) Investment Banking
9 11 (15.94%) Data Warehouse
10 10 (14.49%) Business Analysis
10 10 (14.49%) Derivative
10 10 (14.49%) COREP
11 9 (13.04%) SQL Server Reporting Services
11 9 (13.04%) C#
11 9 (13.04%) C++
12 8 (11.59%) Data Analysis
12 8 (11.59%) FINREP
13 7 (10.14%) Release Management
13 7 (10.14%) User Acceptance Testing
13 7 (10.14%) Retail
13 7 (10.14%) T-SQL
14 6 (8.70%) VBA
14 6 (8.70%) Java
14 6 (8.70%) Oracle
14 6 (8.70%) Python
14 6 (8.70%) MS Excel
14 6 (8.70%) Windows
14 6 (8.70%) Business Intelligence
14 6 (8.70%) Risk Management

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

For the 6 months to 17 April 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 6 (8.70%) MS Excel
2 5 (7.25%) MS Office
3 4 (5.80%) MS Project
3 4 (5.80%) MS PowerPoint
4 1 (1.45%) Spreadsheet
4 1 (1.45%) MS Visio
Communications & Networking
1 2 (2.90%) FTP
Database & Business Intelligence
1 15 (21.74%) SQL Server
2 11 (15.94%) Data Warehouse
3 9 (13.04%) SQL Server Reporting Services
4 5 (7.25%) SQL Server 2008
5 3 (4.35%) SQL Server 2012
5 3 (4.35%) Relational Database
6 2 (2.90%) SQL Server Analysis Services
7 1 (1.45%) SQL Server Integration Services
7 1 (1.45%) SAP BW
Development Applications
1 1 (1.45%) LoadRunner
1 1 (1.45%) ProC
1 1 (1.45%) JIRA
1 1 (1.45%) Selenium
General
1 31 (44.93%) Banking
2 30 (43.48%) Finance
3 14 (20.29%) Investment Banking
4 7 (10.14%) Retail
5 4 (5.80%) Front Office
6 3 (4.35%) Financial Institution
6 3 (4.35%) Retail Banking
7 2 (2.90%) International Banking
8 1 (1.45%) Legal
Job Titles
1 35 (50.72%) Analyst
2 32 (46.38%) Business Analyst
3 18 (26.09%) Developer
4 5 (7.25%) Systems Engineer
4 5 (7.25%) SQL Developer
4 5 (7.25%) Credit Risk Business Analyst
4 5 (7.25%) Integration Engineer
4 5 (7.25%) Systems Integration Engineer
4 5 (7.25%) IT Business Analyst
4 5 (7.25%) Credit Risk Analyst
5 4 (5.80%) Investment Banking Business Analyst
5 4 (5.80%) Analyst Developer
5 4 (5.80%) Solutions Architect
5 4 (5.80%) Architect
5 4 (5.80%) Consultant
6 3 (4.35%) Data Analyst
7 2 (2.90%) Oracle Developer
7 2 (2.90%) Business Developer
7 2 (2.90%) Report Analyst
7 2 (2.90%) Business Intelligence Consultant
Libraries, Frameworks & Software Standards
1 5 (7.25%) .NET
2 2 (2.90%) XML
2 2 (2.90%) .NET Framework
2 2 (2.90%) LINQ
2 2 (2.90%) jQuery
2 2 (2.90%) ADO.NET Entity Framework
3 1 (1.45%) Task Parallel Library
3 1 (1.45%) ASP.NET MVC
3 1 (1.45%) Ajax
3 1 (1.45%) ASP.NET
Miscellaneous
1 21 (30.43%) Credit Risk
2 15 (21.74%) Market Risk
3 10 (14.49%) Derivative
4 5 (7.25%) Fixed Income
4 5 (7.25%) Credit Derivative
5 4 (5.80%) Equities
6 3 (4.35%) Foreign Exchange (FX)
7 2 (2.90%) Management Information System
7 2 (2.90%) Reference Data
8 1 (1.45%) Hedge funds
8 1 (1.45%) Enterprise Software
8 1 (1.45%) Hybrid Derivative
8 1 (1.45%) Client/Server
8 1 (1.45%) Interest Rate Derivative
8 1 (1.45%) Equity Derivative
8 1 (1.45%) Mathematics
8 1 (1.45%) Applied Mathematics
8 1 (1.45%) Computer Science
Operating Systems
1 6 (8.70%) Windows
2 4 (5.80%) UNIX
3 1 (1.45%) zOS
Processes & Methodologies
1 10 (14.49%) Business Analysis
2 8 (11.59%) Data Analysis
3 7 (10.14%) Release Management
3 7 (10.14%) User Acceptance Testing
4 6 (8.70%) Business Intelligence
4 6 (8.70%) Risk Management
4 6 (8.70%) Analytics
5 5 (7.25%) Data Mapping
6 4 (5.80%) Migration
7 3 (4.35%) Stakeholder Management
7 3 (4.35%) UML
7 3 (4.35%) Data Modelling
7 3 (4.35%) ETL
7 3 (4.35%) Time Management
7 3 (4.35%) Integration Testing
7 3 (4.35%) Risk Analytics
8 2 (2.90%) Stress Testing
8 2 (2.90%) Test Strategy
8 2 (2.90%) Use Case
8 2 (2.90%) BPR
Programming Languages
1 41 (59.42%) SQL
2 9 (13.04%) C#
2 9 (13.04%) C++
3 7 (10.14%) T-SQL
4 6 (8.70%) VBA
4 6 (8.70%) Python
4 6 (8.70%) Java
5 5 (7.25%) PL/SQL
6 4 (5.80%) Perl
7 2 (2.90%) F#
8 1 (1.45%) C
8 1 (1.45%) JavaScript
8 1 (1.45%) MATLAB
Qualifications
1 5 (7.25%) Degree
2 1 (1.45%) ISEB
Quality Assurance & Compliance
1 29 (42.03%) CRD IV
2 10 (14.49%) COREP
3 8 (11.59%) FINREP
4 6 (8.70%) QA
5 3 (4.35%) Basel II
5 3 (4.35%) Dodd-Frank
6 2 (2.90%) EMIR
7 1 (1.45%) Sarbanes-Oxley
Systems Management
1 1 (1.45%) HP Quality Center
Vendors
1 18 (26.09%) Microsoft
2 6 (8.70%) Oracle
3 5 (7.25%) Citrix
4 3 (4.35%) Sybase
5 1 (1.45%) Business Objects
5 1 (1.45%) SAP
5 1 (1.45%) IBM
5 1 (1.45%) Murex
5 1 (1.45%) Calypso
5 1 (1.45%) HP
5 1 (1.45%) TIBCO
5 1 (1.45%) Brady
5 1 (1.45%) Telerik
City of London
Real Staffing
Rate: £600 per day
Posted: 7 days ago