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 3 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
3 May 2016
Same period 2015 Same period 2014
Basel II
Rank 434 404 417
Rank change year-on-year
-30 +13
Contract jobs citing Basel II 10 16 17
As % of all contract IT jobs located in London 0.044% 0.072% 0.072%
As % of the Quality Assurance & Compliance category 0.50% 0.81% 0.74%
Number of daily rates quoted 8 9 13
Median daily rate £675 £500 £500
Median daily rate % change year-on-year
+35.00% -
UK excluding London median daily rate £500 £500 £451
% change year-on-year
- +10.98%
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
2005 1972 2295
As % of all contract IT jobs located in London 8.78% 8.83% 9.68%
Number of daily rates quoted 1419 1368 1628
Median daily rate £450 £450 £450
90% offered a daily rate of more than £300 £280 £285
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 25 20 35
Median hourly rate £22.00 £20.00 £20.50
Median hourly rate % change year-on-year
+10.00% -2.43%
90% offered a hourly rate of more than £14.10 £12.00 £14.90
10% offered a hourly rate of more than £29.50 £115.00 £55.65
UK excluding London median hourly rate £28.50 £29.00 £21.00
% change year-on-year
-1.72% +38.09%

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 3 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 3 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 +29 1 £475 +18.75% 1
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 3 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 30 (90.91%) Finance
2 17 (51.52%) Credit Risk
3 15 (45.45%) Banking
4 13 (39.39%) SQL
5 12 (36.36%) Degree
5 12 (36.36%) Analytical Skills
6 10 (30.30%) CRD IV
6 10 (30.30%) Business Analysis
6 10 (30.30%) Microsoft
7 8 (24.24%) MS Office
8 7 (21.21%) Management Information System
8 7 (21.21%) Quality Management
8 7 (21.21%) MiFID
8 7 (21.21%) QA
8 7 (21.21%) FATCA
8 7 (21.21%) Software Delivery
8 7 (21.21%) SDLC
9 6 (18.18%) Data Quality
9 6 (18.18%) COREP
9 6 (18.18%) IAS 39
9 6 (18.18%) Business Intelligence
9 6 (18.18%) MS Excel
9 6 (18.18%) Data Warehouse
10 5 (15.15%) Project Management
10 5 (15.15%) MS Access
10 5 (15.15%) Disaster Recovery
10 5 (15.15%) Front Office
10 5 (15.15%) Risk Management
10 5 (15.15%) Migration
10 5 (15.15%) Data Analysis

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 2 (6.06%) SAS
Applications
1 8 (24.24%) MS Office
2 6 (18.18%) MS Excel
3 1 (3.03%) MS PowerPoint
3 1 (3.03%) MS Visio
Database & Business Intelligence
1 6 (18.18%) Data Warehouse
2 5 (15.15%) MS Access
3 3 (9.09%) Data Mining
3 3 (9.09%) SQL Server Analysis Services
3 3 (9.09%) SQL Server Integration Services
3 3 (9.09%) SQL Server Reporting Services
General
1 30 (90.91%) Finance
2 15 (45.45%) Banking
3 5 (15.15%) Front Office
4 3 (9.09%) Investment Banking
5 2 (6.06%) Legal
5 2 (6.06%) Retail
Job Titles
1 23 (69.70%) Analyst
2 18 (54.55%) Business Analyst
3 9 (27.27%) Report Analyst
4 7 (21.21%) Business IT Analyst
4 7 (21.21%) IT Analyst
4 7 (21.21%) IT Business Analyst
4 7 (21.21%) MiFID Business Analyst
4 7 (21.21%) Treasury Business Analyst
5 6 (18.18%) Regulatory Business Analyst
5 6 (18.18%) Regulatory Reporting Business Analyst
5 6 (18.18%) Risk Analyst
5 6 (18.18%) Risk Business Analyst
6 5 (15.15%) Data Analyst
7 3 (9.09%) Architect
7 3 (9.09%) Banking Analyst
7 3 (9.09%) Business Intelligence Analyst
7 3 (9.09%) Data Warehouse Developer
7 3 (9.09%) Developer
7 3 (9.09%) Financial Analyst
7 3 (9.09%) SQL Developer
Miscellaneous
1 17 (51.52%) Credit Risk
2 12 (36.36%) Analytical Skills
3 7 (21.21%) Management Information System
4 4 (12.12%) Market Risk
5 1 (3.03%) Data Integration
Processes & Methodologies
1 10 (30.30%) Business Analysis
2 7 (21.21%) Quality Management
2 7 (21.21%) SDLC
2 7 (21.21%) Software Delivery
3 6 (18.18%) Business Intelligence
4 5 (15.15%) Data Analysis
4 5 (15.15%) Disaster Recovery
4 5 (15.15%) Migration
4 5 (15.15%) Project Management
4 5 (15.15%) Risk Management
4 5 (15.15%) Security Testing
4 5 (15.15%) Stress Testing
4 5 (15.15%) Test Scripting
4 5 (15.15%) Translating Business Requirements
5 4 (12.12%) Validation
6 3 (9.09%) Data Modelling
6 3 (9.09%) Data Validation
6 3 (9.09%) ETL
7 2 (6.06%) Portfolio Management
7 2 (6.06%) Programme Management
Programming Languages
1 13 (39.39%) SQL
Qualifications
1 12 (36.36%) Degree
Quality Assurance & Compliance
1 10 (30.30%) CRD IV
2 7 (21.21%) FATCA
2 7 (21.21%) MiFID
2 7 (21.21%) QA
3 6 (18.18%) COREP
3 6 (18.18%) Data Quality
3 6 (18.18%) IAS 39
4 3 (9.09%) Basel III
5 2 (6.06%) FINREP
6 1 (3.03%) Sarbanes-Oxley
Vendors
1 10 (30.30%) Microsoft