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 average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 2 October 2014 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
2 Oct 2014
Same period 2013 Same period 2012
Basel II
Rank 398 386 337
Rank change year-on-year
-12 -49
Contract jobs citing Basel II 18 39 80
As % of all contract IT jobs located in London 0.073% 0.16% 0.32%
As % of the Quality Assurance & Compliance category 0.92% 1.91% 3.92%
Number of daily rates quoted 15 33 69
Average daily rate
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of your Daily Rate
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£538 £488 £500
Average daily rate % change year-on-year
+10.25% -2.50%
90% offered a daily rate of more than £320 £400 £445
10% offered a daily rate of more than £650 £640 £600
UK excluding London average daily rate £475 £435 £425
% change year-on-year
+9.19% +2.35%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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 2038 2041
As % of all contract IT jobs located in London 7.89% 8.20% 8.11%
Number of daily rates quoted 1351 1429 1455
Average daily rate £449 £475 £470
Average daily rate % change year-on-year
-5.52% +1.06%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £600 £650 £638
UK excluding London average daily rate £375 £350 £370
% change year-on-year
+7.14% -5.40%
Number of hourly rates quoted 30 23 47
Average hourly rate £19.00 £17.50 £18.00
Average hourly rate % change year-on-year
+8.57% -2.77%
90% offered a hourly rate of more than £12.95 £13.98 £13.20
10% offered a hourly rate of more than £141.25 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

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 2 October 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 2 October 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 +2 3 £675 +42.15% 4
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 2 October 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 19 (57.58%) Finance
2 13 (39.39%) SQL
3 12 (36.36%) Banking
4 10 (30.30%) Investment Banking
4 10 (30.30%) Foreign Exchange (FX)
4 10 (30.30%) Basel III
5 8 (24.24%) Business Analysis
5 8 (24.24%) Credit Risk
6 7 (21.21%) Derivative
6 7 (21.21%) Project Management
6 7 (21.21%) Data Analysis
7 6 (18.18%) Risk Management
8 5 (15.15%) Market Risk
8 5 (15.15%) Solvency II
8 5 (15.15%) Analytical Skills
9 4 (12.12%) Fixed Income
9 4 (12.12%) Front Office
10 3 (9.09%) Data Modelling
10 3 (9.09%) Data Mining
10 3 (9.09%) Microsoft
10 3 (9.09%) Hyperion
10 3 (9.09%) Oracle
10 3 (9.09%) Equities
10 3 (9.09%) Data Management
10 3 (9.09%) Agile Software Development
10 3 (9.09%) Management Information System
10 3 (9.09%) Change Management
10 3 (9.09%) Legal
10 3 (9.09%) Data Analytics
10 3 (9.09%) CRD IV

Basel II
Top Related IT Skills in London by Category

For the 6 months to 2 October 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 (3.03%) SAS
Applications
1 2 (6.06%) MS Excel
2 1 (3.03%) MS Project
2 1 (3.03%) S-PLUS
2 1 (3.03%) Spreadsheet
2 1 (3.03%) MS PowerPoint
Business Applications
1 1 (3.03%) Oracle Financials
Database & Business Intelligence
1 3 (9.09%) Data Mining
2 1 (3.03%) PowerCenter
2 1 (3.03%) SQL Server
2 1 (3.03%) Data Mart
General
1 19 (57.58%) Finance
2 12 (36.36%) Banking
3 10 (30.30%) Investment Banking
4 4 (12.12%) Front Office
5 3 (9.09%) Legal
6 1 (3.03%) Retail
6 1 (3.03%) Advertising
Job Titles
1 25 (75.76%) Analyst
2 18 (54.55%) Business Analyst
3 6 (18.18%) Investment Banking Business Analyst
4 4 (12.12%) Data Analyst
4 4 (12.12%) Project Manager
5 3 (9.09%) Risk Analyst
6 2 (6.06%) Credit Risk Analyst
6 2 (6.06%) Governance Manager
6 2 (6.06%) Banking Business Analyst
6 2 (6.06%) Data Governance Manager
6 2 (6.06%) Data Manager
6 2 (6.06%) Credit Risk Business Analyst
6 2 (6.06%) Developer
7 1 (3.03%) Senior Project Manager
7 1 (3.03%) Business Objects Developer
7 1 (3.03%) Technical Analyst
7 1 (3.03%) Informatica Developer
7 1 (3.03%) Credit Analyst
7 1 (3.03%) Quantitative Analyst
7 1 (3.03%) Financial Business Analyst
Libraries, Frameworks & Software Standards
1 1 (3.03%) FpML
1 1 (3.03%) XML
1 1 (3.03%) XSD
1 1 (3.03%) XSLT
Miscellaneous
1 10 (30.30%) Foreign Exchange (FX)
2 8 (24.24%) Credit Risk
3 7 (21.21%) Derivative
4 5 (15.15%) Market Risk
4 5 (15.15%) Analytical Skills
5 4 (12.12%) Fixed Income
6 3 (9.09%) Equities
6 3 (9.09%) Management Information System
7 1 (3.03%) Mathematics
7 1 (3.03%) Physics
7 1 (3.03%) Statistics
Operating Systems
1 1 (3.03%) UNIX
Processes & Methodologies
1 8 (24.24%) Business Analysis
2 7 (21.21%) Project Management
2 7 (21.21%) Data Analysis
3 6 (18.18%) Risk Management
4 3 (9.09%) Data Modelling
4 3 (9.09%) Data Management
4 3 (9.09%) Agile Software Development
4 3 (9.09%) Change Management
4 3 (9.09%) Data Analytics
4 3 (9.09%) Risk Analytics
4 3 (9.09%) Analytics
5 2 (6.06%) Data Governance
5 2 (6.06%) Test Strategy
5 2 (6.06%) User Acceptance Testing
5 2 (6.06%) Data Privacy
5 2 (6.06%) Stakeholder Management
5 2 (6.06%) PRINCE2
5 2 (6.06%) ETL
6 1 (3.03%) PRINCE
6 1 (3.03%) Six Sigma
Programming Languages
1 13 (39.39%) SQL
2 2 (6.06%) Python
2 2 (6.06%) VBA
3 1 (3.03%) Shell Script
3 1 (3.03%) C
3 1 (3.03%) PL/SQL
3 1 (3.03%) R
Qualifications
1 3 (9.09%) Degree
2 1 (3.03%) PRINCE2 Certification
2 1 (3.03%) PhD
Quality Assurance & Compliance
1 10 (30.30%) Basel III
2 5 (15.15%) Solvency II
3 3 (9.09%) CRD IV
3 3 (9.09%) COREP
4 2 (6.06%) QA
5 1 (3.03%) Data Quality
Vendors
1 3 (9.09%) Microsoft
1 3 (9.09%) Hyperion
1 3 (9.09%) Oracle
2 2 (6.06%) Business Objects
3 1 (3.03%) Informatica
City, London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 2 days ago
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 14 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 23 days ago