The first table below looks at the demand for Basel II skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 28 July 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 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
28 Jul 2014
Same period 2013 Same period 2012
Basel II
Rank 381 350 309
Rank change year-on-year
-31 -41
Contract jobs citing Basel II 18 62 114
As % of all contract IT jobs located in London 0.076% 0.26% 0.43%
As % of the Quality Assurance & Compliance category 0.98% 3.02% 5.48%
Number of daily rates quoted 18 48 82
Average daily rate
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of your Daily Rate
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£541 £463 £500
Average daily rate % change year-on-year
+17.02% -7.50%
90% offered a daily rate of more than £476 £365 £403
10% offered a daily rate of more than £615 £575 £673
UK excluding London average daily rate £500 £450 £419
% change year-on-year
+11.11% +7.46%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1833 2054 2080
As % of all contract IT jobs located in London 7.77% 8.47% 7.89%
Number of daily rates quoted 1260 1442 1386
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £265 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 21 28 52
Average hourly rate £19.00 £24.65 £18.00
Average hourly rate % change year-on-year
-22.92% +36.94%
90% offered a hourly rate of more than £13.00 £12.52 £12.50
10% offered a hourly rate of more than £55.00 £48.00 £39.80
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%
Basel II
England

Basel II
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the London region as a proportion of the total demand within 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 28 July 2014.

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 average contractor rates quoted in IT jobs citing Basel II within the London region over the 3 months to 28 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -14 6 £541 +13.94% 1
Docklands, London - - - -
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 28 July 2014, IT contractor jobs across the London region citing Basel II 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 II.

1 18 (51.43%) SQL
2 17 (48.57%) Finance
3 16 (45.71%) Basel III
4 15 (42.86%) Credit Risk
5 13 (37.14%) Banking
6 11 (31.43%) Investment Banking
7 10 (28.57%) Front Office
8 9 (25.71%) Project Management
8 9 (25.71%) Data Modelling
8 9 (25.71%) Foreign Exchange (FX)
8 9 (25.71%) Market Risk
9 8 (22.86%) Data Analysis
10 7 (20.00%) Derivative
10 7 (20.00%) Agile Software Development
11 6 (17.14%) Risk Management
12 5 (14.29%) Change Management
12 5 (14.29%) Business Analysis
12 5 (14.29%) Solvency II
12 5 (14.29%) Analytics
12 5 (14.29%) CRD IV
13 4 (11.43%) COREP
13 4 (11.43%) User Acceptance Testing
13 4 (11.43%) Degree
14 3 (8.57%) Legal
14 3 (8.57%) Stakeholder Management
14 3 (8.57%) Fixed Income
14 3 (8.57%) Equities
14 3 (8.57%) Hyperion
14 3 (8.57%) Data Mining
14 3 (8.57%) Microsoft

Basel II
Top Related IT Skills in London by Category

For the 6 months to 28 July 2014, IT contractor jobs across the London region citing Basel II 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 II. Up to 20 skills are shown per category.

Application Platforms
1 1 (2.86%) SAS
Applications
1 3 (8.57%) MS Excel
2 1 (2.86%) MS Visio
2 1 (2.86%) S-PLUS
2 1 (2.86%) Spreadsheet
Business Applications
1 1 (2.86%) Oracle Financials
Database & Business Intelligence
1 3 (8.57%) Data Mining
2 1 (2.86%) PowerCenter
2 1 (2.86%) Data Mart
2 1 (2.86%) SQL Server
2 1 (2.86%) MS Access
2 1 (2.86%) Data Warehouse
General
1 17 (48.57%) Finance
2 13 (37.14%) Banking
3 11 (31.43%) Investment Banking
4 10 (28.57%) Front Office
5 3 (8.57%) Legal
6 1 (2.86%) Advertising
6 1 (2.86%) Private Banking
Job Titles
1 26 (74.29%) Analyst
2 22 (62.86%) Business Analyst
3 7 (20.00%) Risk Analyst
4 5 (14.29%) Data Analyst
5 4 (11.43%) Project Manager
5 4 (11.43%) Credit Risk Analyst
5 4 (11.43%) Credit Risk Business Analyst
6 3 (8.57%) Market Risk Business Analyst
6 3 (8.57%) Investment Banking Business Analyst
6 3 (8.57%) Market Risk Analyst
6 3 (8.57%) Credit Analyst
7 2 (5.71%) Developer
7 2 (5.71%) IT Business Analyst
8 1 (2.86%) Banking Business Analyst
8 1 (2.86%) Senior Business Manager
8 1 (2.86%) IT Risk Analyst
8 1 (2.86%) Infrastructure Solutions Architect
8 1 (2.86%) Solvency II Business Analyst
8 1 (2.86%) Compliance Analyst
8 1 (2.86%) Financial Services Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.86%) XML
1 1 (2.86%) XSD
1 1 (2.86%) XSLT
1 1 (2.86%) FpML
Miscellaneous
1 15 (42.86%) Credit Risk
2 9 (25.71%) Market Risk
2 9 (25.71%) Foreign Exchange (FX)
3 7 (20.00%) Derivative
4 3 (8.57%) Fixed Income
4 3 (8.57%) Equities
5 2 (5.71%) Management Information System
6 1 (2.86%) Statistics
6 1 (2.86%) Mathematics
6 1 (2.86%) Physics
Operating Systems
1 1 (2.86%) UNIX
Processes & Methodologies
1 9 (25.71%) Data Modelling
1 9 (25.71%) Project Management
2 8 (22.86%) Data Analysis
3 7 (20.00%) Agile Software Development
4 6 (17.14%) Risk Management
5 5 (14.29%) Change Management
5 5 (14.29%) Business Analysis
5 5 (14.29%) Analytics
6 4 (11.43%) User Acceptance Testing
7 3 (8.57%) Data Analytics
7 3 (8.57%) Risk Analytics
7 3 (8.57%) Stakeholder Management
8 2 (5.71%) Data Management
8 2 (5.71%) Validation
8 2 (5.71%) PRINCE2
8 2 (5.71%) ETL
8 2 (5.71%) CAD
8 2 (5.71%) Business Transformation
8 2 (5.71%) Test Strategy
8 2 (5.71%) Data Mapping
Programming Languages
1 18 (51.43%) SQL
2 1 (2.86%) VBA
2 1 (2.86%) Python
2 1 (2.86%) Shell Script
2 1 (2.86%) R
2 1 (2.86%) C
2 1 (2.86%) PL/SQL
Qualifications
1 4 (11.43%) Degree
2 1 (2.86%) PhD
2 1 (2.86%) PRINCE2 Certification
Quality Assurance & Compliance
1 16 (45.71%) Basel III
2 5 (14.29%) Solvency II
2 5 (14.29%) CRD IV
3 4 (11.43%) COREP
4 3 (8.57%) QA
5 2 (5.71%) Dodd-Frank
6 1 (2.86%) SLA
6 1 (2.86%) MiFID
6 1 (2.86%) Data Quality
6 1 (2.86%) FATCA
6 1 (2.86%) EMIR
Systems Management
1 1 (2.86%) Symantec Enterprise Vault
Vendors
1 3 (8.57%) Microsoft
1 3 (8.57%) Hyperion
2 2 (5.71%) Oracle
2 2 (5.71%) Business Objects
3 1 (2.86%) HP
3 1 (2.86%) EMC
3 1 (2.86%) Informatica
3 1 (2.86%) Symantec
London
Aston Carter
Rate: £450 - £550 per day
Posted: 10 hours ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £495 per day
Posted: 4 days ago
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 7 days ago