The table below looks at the statistics for Basel II skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Basel II over the 3 months to 24 May 2016 with a comparison to the same period over 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.

3 months to
24 May 2016
Same period 2015 Same period 2014
Basel II
Rank 421 404 401
Rank change year-on-year
-17 -3
Contract jobs citing Basel II 10 17 18
As % of all contract IT jobs located in London 0.046% 0.077% 0.078%
As % of the Quality Assurance & Compliance category 0.51% 0.84% 0.81%
Number of daily rates quoted 9 9 14
Median daily rate £675 £500 £511
Median daily rate % change year-on-year
+35.00% -2.20%
UK excluding London median daily rate - £475 £451
% change year-on-year
- +5.43%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Basel II
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1946 2028 2212
As % of all contract IT jobs located in London 8.98% 9.16% 9.61%
Number of daily rates quoted 1360 1438 1583
Median daily rate £475 £471 £450
Median daily rate % change year-on-year
+0.79% +4.72%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £650 £630 £625
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 28 23 26
Median hourly rate £22.25 £20.00 £22.50
Median hourly rate % change year-on-year
+11.25% -11.11%
90% offered a hourly rate of more than £14.40 £13.00 £15.00
10% offered a hourly rate of more than £40.25 £165.00 £75.00
UK excluding London median hourly rate £25.50 £25.00 £21.00
% change year-on-year
+2.00% +19.04%

Basel II
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Basel II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in London

Basel II
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the London region.

Basel II Daily Rate Trend in London

Basel II
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II across the London region over the 3 months to 24 May 2016.

Basel II Daily Rate Histogram in London

Basel II
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the London region.

Basel II Hourly Rate Trend in London

Basel II
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II within the London region over the 3 months to 24 May 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +31 1 £550 +37.50%
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 24 May 2016, IT contractor jobs citing Basel II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Basel II.

1 25 (86.21%) Finance
2 14 (48.28%) Banking
2 14 (48.28%) Credit Risk
3 12 (41.38%) SQL
4 8 (27.59%) Business Analysis
5 7 (24.14%) Management Information System
5 7 (24.14%) Microsoft
5 7 (24.14%) Project Management
5 7 (24.14%) CRD IV
5 7 (24.14%) COREP
5 7 (24.14%) Analytical Skills
6 6 (20.69%) Translating Business Requirements
6 6 (20.69%) Data Warehouse
6 6 (20.69%) Business Intelligence
6 6 (20.69%) Front Office
6 6 (20.69%) Disaster Recovery
6 6 (20.69%) Migration
6 6 (20.69%) IAS 39
6 6 (20.69%) Degree
6 6 (20.69%) Security Testing
6 6 (20.69%) Test Scripting
7 5 (17.24%) Stress Testing
7 5 (17.24%) MS Office
7 5 (17.24%) MS Excel
7 5 (17.24%) Basel III
8 4 (13.79%) FATCA
8 4 (13.79%) Software Delivery
8 4 (13.79%) SDLC
8 4 (13.79%) MS Access
8 4 (13.79%) Risk Management

Basel II
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (3.45%) SAS
Applications
1 5 (17.24%) MS Excel
1 5 (17.24%) MS Office
2 1 (3.45%) MS PowerPoint
2 1 (3.45%) MS Visio
Database & Business Intelligence
1 6 (20.69%) Data Warehouse
2 4 (13.79%) MS Access
3 3 (10.34%) Data Mining
3 3 (10.34%) SQL Server Analysis Services
3 3 (10.34%) SQL Server Integration Services
3 3 (10.34%) SQL Server Reporting Services
General
1 25 (86.21%) Finance
2 14 (48.28%) Banking
3 6 (20.69%) Front Office
4 4 (13.79%) Investment Banking
5 2 (6.90%) Retail
Job Titles
1 20 (68.97%) Analyst
2 16 (55.17%) Business Analyst
3 10 (34.48%) Report Analyst
4 7 (24.14%) Regulatory Business Analyst
4 7 (24.14%) Regulatory Reporting Business Analyst
4 7 (24.14%) Risk Analyst
4 7 (24.14%) Risk Business Analyst
5 4 (13.79%) Business IT Analyst
5 4 (13.79%) Data Analyst
5 4 (13.79%) Finance Business Analyst
5 4 (13.79%) Financial Analyst
5 4 (13.79%) IT Analyst
5 4 (13.79%) IT Business Analyst
5 4 (13.79%) MiFID Business Analyst
5 4 (13.79%) Treasury Business Analyst
6 3 (10.34%) Architect
6 3 (10.34%) Banking Business Analyst
6 3 (10.34%) Data Warehouse Developer
6 3 (10.34%) Developer
6 3 (10.34%) SQL Developer
Miscellaneous
1 14 (48.28%) Credit Risk
2 7 (24.14%) Analytical Skills
2 7 (24.14%) Management Information System
3 4 (13.79%) Market Risk
4 1 (3.45%) Data Integration
Processes & Methodologies
1 8 (27.59%) Business Analysis
2 7 (24.14%) Project Management
3 6 (20.69%) Business Intelligence
3 6 (20.69%) Disaster Recovery
3 6 (20.69%) Migration
3 6 (20.69%) Security Testing
3 6 (20.69%) Test Scripting
3 6 (20.69%) Translating Business Requirements
4 5 (17.24%) Stress Testing
5 4 (13.79%) Quality Management
5 4 (13.79%) Risk Management
5 4 (13.79%) SDLC
5 4 (13.79%) Software Delivery
6 3 (10.34%) Data Analysis
6 3 (10.34%) Data Modelling
6 3 (10.34%) ETL
7 2 (6.90%) Portfolio Management
7 2 (6.90%) Validation
8 1 (3.45%) Line Management
8 1 (3.45%) Mentoring
Programming Languages
1 12 (41.38%) SQL
2 1 (3.45%) C
Qualifications
1 6 (20.69%) Degree
2 1 (3.45%) A+ Certification
Quality Assurance & Compliance
1 7 (24.14%) COREP
1 7 (24.14%) CRD IV
2 6 (20.69%) IAS 39
3 5 (17.24%) Basel III
4 4 (13.79%) FATCA
4 4 (13.79%) MiFID
4 4 (13.79%) QA
5 3 (10.34%) Data Quality
5 3 (10.34%) FINREP
Vendors
1 7 (24.14%) Microsoft
London
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