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 10 December 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
10 Dec 2016
Same period 2015 Same period 2014
Basel II
Rank 417 413 401
Rank change year-on-year
-4 -12
Contract jobs citing Basel II 3 14 20
As % of all contract IT jobs located in London 0.014% 0.062% 0.085%
As % of the Quality Assurance & Compliance category 0.14% 0.61% 0.88%
Number of daily rates quoted 2 3 15
Median daily rate £650 £563 £600
Median daily rate % change year-on-year
+15.55% -6.25%
UK excluding London median daily rate £425 £450 £500
% change year-on-year
-5.55% -10.00%
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
2162 2292 2269
As % of all contract IT jobs located in London 10.07% 10.20% 9.66%
Number of daily rates quoted 1505 1513 1628
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £303 £300 £270
10% offered a daily rate of more than £650 £631 £613
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 40 26 38
Median hourly rate £18.94 £22.25 £23.00
Median hourly rate % change year-on-year
-14.89% -3.26%
90% offered a hourly rate of more than £10.33 £13.00 £14.40
10% offered a hourly rate of more than £43.80 £55.00 £48.00
UK excluding London median hourly rate £21.50 £25.00 £21.99
% change year-on-year
-14.00% +13.67%

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
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 10 December 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 - 2 £650 - 1
Basel II
England

Basel II
Top 30 Related IT Skills in London

For the 6 months to 10 December 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 6 (85.71%) Finance
2 5 (71.43%) Banking
2 5 (71.43%) Business Analysis
3 4 (57.14%) Risk Management
3 4 (57.14%) Basel III
3 4 (57.14%) SDLC
4 3 (42.86%) Investment Banking
4 3 (42.86%) Market Risk
4 3 (42.86%) Credit Risk
5 2 (28.57%) Data Analysis
5 2 (28.57%) Data Mapping
5 2 (28.57%) Derivative
5 2 (28.57%) Degree
5 2 (28.57%) Foreign Exchange (FX)
5 2 (28.57%) Data Modelling
5 2 (28.57%) Murex
5 2 (28.57%) SQL
5 2 (28.57%) XML
5 2 (28.57%) Stakeholder Management
5 2 (28.57%) Fixed Income
5 2 (28.57%) Analytics
5 2 (28.57%) Data Flow Diagram
5 2 (28.57%) Dodd-Frank
6 1 (14.29%) Credit Risk Management
6 1 (14.29%) CRD IV
6 1 (14.29%) R
6 1 (14.29%) Digital Media
6 1 (14.29%) Workflow Analysis
6 1 (14.29%) Translating Business Requirements
6 1 (14.29%) Equities

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 (14.29%) SAS
Applications
1 1 (14.29%) MS Excel
Communications & Networking
1 1 (14.29%) Network Security
Database & Business Intelligence
1 1 (14.29%) BusinessObjects
1 1 (14.29%) MS Access
General
1 6 (85.71%) Finance
2 5 (71.43%) Banking
3 3 (42.86%) Investment Banking
4 1 (14.29%) Retail
4 1 (14.29%) Retail Banking
Job Titles
1 5 (71.43%) Analyst
2 4 (57.14%) Business Analyst
2 4 (57.14%) Risk Analyst
2 4 (57.14%) Risk Business Analyst
3 2 (28.57%) Finance Business Analyst
3 2 (28.57%) Financial Analyst
4 1 (14.29%) Banking Analyst
4 1 (14.29%) Banking Business Analyst
4 1 (14.29%) Credit Risk Analyst
4 1 (14.29%) Credit Risk Developer
4 1 (14.29%) Finance Manager
4 1 (14.29%) Financial Business Analyst
4 1 (14.29%) Market Risk Business Analyst
4 1 (14.29%) Murex Analyst
4 1 (14.29%) Murex Business Analyst
4 1 (14.29%) Qualitative Analyst
4 1 (14.29%) SAP Developer
4 1 (14.29%) Senior Financial Analyst
4 1 (14.29%) Senior Risk Analyst
4 1 (14.29%) SQL Analyst
Libraries, Frameworks & Software Standards
1 2 (28.57%) XML
Miscellaneous
1 3 (42.86%) Credit Risk
1 3 (42.86%) Market Risk
2 2 (28.57%) Derivative
2 2 (28.57%) Fixed Income
2 2 (28.57%) Foreign Exchange (FX)
3 1 (14.29%) Digital Media
3 1 (14.29%) Economics
3 1 (14.29%) Equities
Processes & Methodologies
1 5 (71.43%) Business Analysis
2 4 (57.14%) Risk Management
2 4 (57.14%) SDLC
3 2 (28.57%) Analytics
3 2 (28.57%) Data Analysis
3 2 (28.57%) Data Flow Diagram
3 2 (28.57%) Data Mapping
3 2 (28.57%) Data Modelling
3 2 (28.57%) Stakeholder Management
4 1 (14.29%) CRM
4 1 (14.29%) ERP
4 1 (14.29%) GAP Analysis
4 1 (14.29%) Integration Testing
4 1 (14.29%) Release Management
4 1 (14.29%) Stress Testing
4 1 (14.29%) Test Management
4 1 (14.29%) Test Scripting
4 1 (14.29%) Use Case
4 1 (14.29%) User Acceptance Testing
4 1 (14.29%) Web Development
Programming Languages
1 2 (28.57%) SQL
2 1 (14.29%) Java
2 1 (14.29%) JavaScript
2 1 (14.29%) MATLAB
2 1 (14.29%) PHP
2 1 (14.29%) R
2 1 (14.29%) VBA
Qualifications
1 2 (28.57%) Degree
2 1 (14.29%) CFA
2 1 (14.29%) MBA
Quality Assurance & Compliance
1 4 (57.14%) Basel III
2 2 (28.57%) Dodd-Frank
3 1 (14.29%) CRD IV
Vendors
1 2 (28.57%) Murex
2 1 (14.29%) SAP