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 28 July 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
28 Jul 2015
Same period 2014 Same period 2013
Basel III
Rank 194 190 200
Rank change year-on-year
-4 +10
Contract jobs citing Basel III 17 12 30
As % of all contract IT jobs located in the City of London 0.29% 0.20% 0.42%
As % of the Quality Assurance & Compliance category 3.28% 2.48% 4.87%
Number of daily rates quoted 17 12 24
Average daily rate
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of your Daily Rate
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£600 £563 £519
Average daily rate % change year-on-year
+6.66% +8.43%
90% offered a daily rate of more than £425 £503 £400
10% offered a daily rate of more than £650 £695 £668
UK excluding London average daily rate £500 £488 £433
% change year-on-year
+2.56% +12.71%
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
518 484 616
As % of all contract IT jobs located in the City of London 8.73% 8.23% 8.67%
Number of daily rates quoted 400 344 456
Average daily rate £475 £486 £475
Average daily rate % change year-on-year
-2.26% +2.31%
90% offered a daily rate of more than £320 £300 £314
10% offered a daily rate of more than £650 £600 £625
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 5 6 9
Average hourly rate £24.00 £17.50 £27.50
Average hourly rate % change year-on-year
+37.14% -36.36%
90% offered a hourly rate of more than £14.60 £11.32 £13.97
10% offered a hourly rate of more than £55.50 £31.75 £61.40
UK excluding London average hourly rate £21.51 £20.21 £17.50
% change year-on-year
+6.47% +15.45%

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 28 July 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 28 July 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 29 (96.67%) Banking
2 16 (53.33%) Finance
2 16 (53.33%) Credit Risk
3 12 (40.00%) Stress Testing
4 10 (33.33%) Analytics
4 10 (33.33%) Dodd-Frank
5 9 (30.00%) Investment Banking
6 7 (23.33%) Adaptiv
6 7 (23.33%) SunGard
7 6 (20.00%) Retail
7 6 (20.00%) Business Analysis
7 6 (20.00%) User Acceptance Testing
7 6 (20.00%) EMIR
8 5 (16.67%) Market Risk
8 5 (16.67%) Agile Software Development
9 4 (13.33%) Risk Management
9 4 (13.33%) Software Delivery
10 3 (10.00%) Analytical Skills
10 3 (10.00%) Data Analytics
10 3 (10.00%) System Integration Testing
10 3 (10.00%) Stakeholder Management
10 3 (10.00%) Wholesale Banking
10 3 (10.00%) Scrum
10 3 (10.00%) Oracle
11 2 (6.67%) HTML
11 2 (6.67%) Java
11 2 (6.67%) Foreign Exchange (FX)
11 2 (6.67%) PRINCE2
11 2 (6.67%) Data Modelling
11 2 (6.67%) HTML5

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

For the 6 months to 28 July 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.

Application Platforms
1 1 (3.33%) Apache Spark
Applications
1 1 (3.33%) MS Office
Business Applications
1 7 (23.33%) Adaptiv
Database & Business Intelligence
1 1 (3.33%) OLAP
1 1 (3.33%) RDBMS
1 1 (3.33%) QlikView
1 1 (3.33%) BusinessObjects XI
1 1 (3.33%) SQL Server Analysis Services
1 1 (3.33%) Hadoop
1 1 (3.33%) Apache Hive
1 1 (3.33%) HBase
1 1 (3.33%) Big Data
1 1 (3.33%) Relational Database
1 1 (3.33%) Impala
Development Applications
1 1 (3.33%) JIRA
General
1 29 (96.67%) Banking
2 16 (53.33%) Finance
3 9 (30.00%) Investment Banking
4 6 (20.00%) Retail
5 3 (10.00%) Wholesale Banking
6 1 (3.33%) Telecoms
Job Titles
1 16 (53.33%) Analyst
2 15 (50.00%) Business Analyst
3 12 (40.00%) Credit Risk Business Analyst
3 12 (40.00%) Credit Risk Analyst
4 5 (16.67%) Risk Analyst
4 5 (16.67%) Credit Analyst
4 5 (16.67%) Consultant
5 4 (13.33%) Change Consultant
6 3 (10.00%) Technical Architect
6 3 (10.00%) Oracle Technical Architect
6 3 (10.00%) Architect
6 3 (10.00%) Oracle Architect
6 3 (10.00%) Testing Analyst
6 3 (10.00%) Banking Business Analyst
7 2 (6.67%) Test Leader
8 1 (3.33%) Investment Banking Business Analyst
8 1 (3.33%) Credit Risk Project Manager
8 1 (3.33%) Risk Consultant
8 1 (3.33%) Project Manager
8 1 (3.33%) Tester
Libraries, Frameworks & Software Standards
1 2 (6.67%) HTML
1 2 (6.67%) HTML5
2 1 (3.33%) REST
2 1 (3.33%) Akka
2 1 (3.33%) Play Framework
2 1 (3.33%) .NET
2 1 (3.33%) XBRL
2 1 (3.33%) Hibernate
2 1 (3.33%) Spring
2 1 (3.33%) WPF
Miscellaneous
1 16 (53.33%) Credit Risk
2 5 (16.67%) Market Risk
3 3 (10.00%) Analytical Skills
4 2 (6.67%) Foreign Exchange (FX)
5 1 (3.33%) Replication
5 1 (3.33%) Equities
5 1 (3.33%) Credit Derivative
5 1 (3.33%) Derivative
Processes & Methodologies
1 12 (40.00%) Stress Testing
2 10 (33.33%) Analytics
3 6 (20.00%) Business Analysis
3 6 (20.00%) User Acceptance Testing
4 5 (16.67%) Agile Software Development
5 4 (13.33%) Risk Management
5 4 (13.33%) Software Delivery
6 3 (10.00%) System Integration Testing
6 3 (10.00%) Data Analytics
6 3 (10.00%) Stakeholder Management
6 3 (10.00%) Scrum
7 2 (6.67%) PRINCE2
7 2 (6.67%) Data Modelling
7 2 (6.67%) Logical Data Model
7 2 (6.67%) Waterfall
8 1 (3.33%) BDD
8 1 (3.33%) Project Management
8 1 (3.33%) OO
8 1 (3.33%) Workflow
8 1 (3.33%) TDD
Programming Languages
1 2 (6.67%) Java
2 1 (3.33%) SQL
2 1 (3.33%) Scala
2 1 (3.33%) C#
Quality Assurance & Compliance
1 10 (33.33%) Dodd-Frank
2 6 (20.00%) EMIR
System Software
1 1 (3.33%) Apache Flume
1 1 (3.33%) HDFS
Systems Management
1 1 (3.33%) Oozie
Vendors
1 7 (23.33%) SunGard
2 3 (10.00%) Oracle
3 1 (3.33%) Sybase
3 1 (3.33%) Microsoft
3 1 (3.33%) Actian
City of London
Real Staffing
Rate: £450 - £475 per day
Posted: 11 days ago
City of London
Deerfoot IT
Rate: £400 - £450 per day + 6 month term+
Posted: 14 days ago