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 23 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
23 Jul 2014
Same period 2013 Same period 2012
Basel II
Rank 384 343 294
Rank change year-on-year
-41 -49
Contract jobs citing Basel II 18 61 117
As % of all contract IT jobs located in London 0.078% 0.25% 0.44%
As % of the Quality Assurance & Compliance category 0.99% 2.98% 5.62%
Number of daily rates quoted 18 48 84
Average daily rate
Keep up to 90%
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 £393
10% offered a daily rate of more than £615 £575 £668
UK excluding London average daily rate £469 £441 £420
% change year-on-year
+6.28% +5.05%
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
1821 2044 2083
As % of all contract IT jobs located in London 7.84% 8.43% 7.90%
Number of daily rates quoted 1260 1431 1370
Average daily rate £440 £475 £475
Average daily rate % change year-on-year
-7.36% -
90% offered a daily rate of more than £275 £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 20 30 51
Average hourly rate £19.00 £23.40 £18.25
Average hourly rate % change year-on-year
-18.80% +28.21%
90% offered a hourly rate of more than £12.95 £12.59 £12.60
10% offered a hourly rate of more than £53.65 £46.00 £40.40
UK excluding London average hourly rate £20.17 £17.50 £18.68
% change year-on-year
+15.22% -6.29%
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 23 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 23 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 +5 6 £541 +13.94% 2
Docklands, London - - - -
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 23 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 20 (54.05%) SQL
2 19 (51.35%) Finance
3 17 (45.95%) Credit Risk
3 17 (45.95%) Basel III
4 14 (37.84%) Banking
5 12 (32.43%) Investment Banking
6 11 (29.73%) Front Office
6 11 (29.73%) Project Management
6 11 (29.73%) Foreign Exchange (FX)
7 10 (27.03%) Data Analysis
8 9 (24.32%) Derivative
8 9 (24.32%) Market Risk
8 9 (24.32%) Data Modelling
9 8 (21.62%) Risk Management
10 7 (18.92%) Agile Software Development
10 7 (18.92%) Analytics
10 7 (18.92%) CRD IV
11 5 (13.51%) Solvency II
11 5 (13.51%) Business Analysis
11 5 (13.51%) Equities
11 5 (13.51%) Legal
11 5 (13.51%) Change Management
11 5 (13.51%) Hyperion
12 4 (10.81%) MS Excel
12 4 (10.81%) Risk Analytics
12 4 (10.81%) Data Analytics
12 4 (10.81%) COREP
12 4 (10.81%) User Acceptance Testing
12 4 (10.81%) Degree
13 3 (8.11%) QA

Basel II
Top Related IT Skills in London by Category

For the 6 months to 23 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 (2.70%) SAS
Applications
1 4 (10.81%) MS Excel
2 1 (2.70%) MS Visio
2 1 (2.70%) S-PLUS
2 1 (2.70%) Spreadsheet
Business Applications
1 1 (2.70%) Oracle Financials
Database & Business Intelligence
1 3 (8.11%) Data Mining
2 2 (5.41%) MS Access
3 1 (2.70%) Data Warehouse
3 1 (2.70%) PowerCenter
3 1 (2.70%) Data Mart
3 1 (2.70%) SQL Server
General
1 19 (51.35%) Finance
2 14 (37.84%) Banking
3 12 (32.43%) Investment Banking
4 11 (29.73%) Front Office
5 5 (13.51%) Legal
6 2 (5.41%) Private Banking
7 1 (2.70%) Advertising
Job Titles
1 28 (75.68%) Analyst
2 22 (59.46%) Business Analyst
3 7 (18.92%) Data Analyst
3 7 (18.92%) Risk Analyst
4 4 (10.81%) Credit Risk Analyst
4 4 (10.81%) Credit Risk Business Analyst
4 4 (10.81%) Project Manager
5 3 (8.11%) Market Risk Analyst
5 3 (8.11%) Credit Analyst
5 3 (8.11%) Market Risk Business Analyst
5 3 (8.11%) Investment Banking Business Analyst
6 2 (5.41%) IT Business Analyst
6 2 (5.41%) Developer
7 1 (2.70%) Quantitative Analyst
7 1 (2.70%) Delivery Manager
7 1 (2.70%) Senior Project Manager
7 1 (2.70%) Business Objects Developer
7 1 (2.70%) Infrastructure Architect
7 1 (2.70%) Informatica Developer
7 1 (2.70%) Architect
Libraries, Frameworks & Software Standards
1 1 (2.70%) XML
1 1 (2.70%) XSD
1 1 (2.70%) XSLT
1 1 (2.70%) FpML
Miscellaneous
1 17 (45.95%) Credit Risk
2 11 (29.73%) Foreign Exchange (FX)
3 9 (24.32%) Market Risk
3 9 (24.32%) Derivative
4 5 (13.51%) Equities
5 3 (8.11%) Management Information System
5 3 (8.11%) Fixed Income
6 1 (2.70%) Statistics
6 1 (2.70%) Mathematics
6 1 (2.70%) Physics
Operating Systems
1 1 (2.70%) UNIX
Processes & Methodologies
1 11 (29.73%) Project Management
2 10 (27.03%) Data Analysis
3 9 (24.32%) Data Modelling
4 8 (21.62%) Risk Management
5 7 (18.92%) Agile Software Development
5 7 (18.92%) Analytics
6 5 (13.51%) Change Management
6 5 (13.51%) Business Analysis
7 4 (10.81%) User Acceptance Testing
7 4 (10.81%) Data Analytics
7 4 (10.81%) Risk Analytics
8 3 (8.11%) Stakeholder Management
9 2 (5.41%) Data Management
9 2 (5.41%) Validation
9 2 (5.41%) PRINCE2
9 2 (5.41%) ETL
9 2 (5.41%) CAD
9 2 (5.41%) Business Transformation
9 2 (5.41%) Test Strategy
9 2 (5.41%) Root Cause Analysis
Programming Languages
1 20 (54.05%) SQL
2 1 (2.70%) VBA
2 1 (2.70%) Python
2 1 (2.70%) Shell Script
2 1 (2.70%) R
2 1 (2.70%) C
2 1 (2.70%) PL/SQL
Qualifications
1 4 (10.81%) Degree
2 1 (2.70%) PhD
2 1 (2.70%) PRINCE2 Certification
Quality Assurance & Compliance
1 17 (45.95%) Basel III
2 7 (18.92%) CRD IV
3 5 (13.51%) Solvency II
4 4 (10.81%) COREP
5 3 (8.11%) QA
6 2 (5.41%) Dodd-Frank
6 2 (5.41%) SLA
7 1 (2.70%) MiFID
7 1 (2.70%) Data Quality
7 1 (2.70%) FATCA
7 1 (2.70%) EMIR
Systems Management
1 1 (2.70%) Symantec Enterprise Vault
Vendors
1 5 (13.51%) Hyperion
2 3 (8.11%) Microsoft
3 2 (5.41%) Oracle
3 2 (5.41%) Business Objects
4 1 (2.70%) HP
4 1 (2.70%) EMC
4 1 (2.70%) Informatica
4 1 (2.70%) Symantec
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 2 days ago
City of London
Orgtel
Rate: £600 - £700 per day
Posted: 23 days ago
London
Hays IT - Uk Posting account
Rate: £450 - £495 per day
Posted: 26 days ago