The first table below looks at the demand for Basel III 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 III 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 III
Rank 363 311 237
Rank change year-on-year
-52 -74
Contract jobs citing Basel III 36 101 197
As % of all contract IT jobs located in London 0.15% 0.42% 0.75%
As % of the Quality Assurance & Compliance category 1.96% 4.92% 9.47%
Number of daily rates quoted 27 60 172
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £550 £550
90% offered a daily rate of more than £445 £423 £425
10% offered a daily rate of more than £620 £650 £625
UK excluding London average daily rate £500 £433 £420
% change year-on-year
+15.60% +2.97%
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 III
England

Basel III
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Basel III across the London region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel III Jobs Demand Trend in London

Basel III
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel III across the London region.

Basel III Daily Rate Trend in London

Basel III
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel III across the London region over the 3 months to 28 July 2014.

Basel III Daily Rate Histogram in London

Basel III
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 III 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 -8 10 £569 +10.97% 6
Basel III
England

Basel III
Top 30 Related IT Skills in London

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

1 59 (52.21%) Banking
2 54 (47.79%) Finance
3 50 (44.25%) SQL
4 37 (32.74%) Investment Banking
5 34 (30.09%) Credit Risk
6 31 (27.43%) CRD IV
7 29 (25.66%) Business Analysis
8 25 (22.12%) Market Risk
9 23 (20.35%) Derivative
10 17 (15.04%) User Acceptance Testing
11 16 (14.16%) Basel II
11 16 (14.16%) Project Management
11 16 (14.16%) C#
12 15 (13.27%) Front Office
12 15 (13.27%) COREP
12 15 (13.27%) Analytics
13 13 (11.50%) Risk Management
13 13 (11.50%) TDD
13 13 (11.50%) SQL Server
14 12 (10.62%) Agile Software Development
14 12 (10.62%) Degree
14 12 (10.62%) QA
15 11 (9.73%) C++
16 10 (8.85%) Credit Derivative
16 10 (8.85%) Data Analysis
16 10 (8.85%) Equities
16 10 (8.85%) Stress Testing
16 10 (8.85%) FINREP
17 9 (7.96%) Dodd-Frank
17 9 (7.96%) Risk Analytics

Basel III
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 III 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 III. Up to 20 skills are shown per category.

Application Platforms
1 2 (1.77%) SharePoint
1 2 (1.77%) Lync
2 1 (0.88%) WebSphere
Applications
1 6 (5.31%) MS PowerPoint
2 5 (4.42%) MS Office
2 5 (4.42%) MS Excel
3 3 (2.65%) MS Project
4 2 (1.77%) MS Visio
5 1 (0.88%) Spreadsheet
Communications & Networking
1 5 (4.42%) FTP
Database & Business Intelligence
1 13 (11.50%) SQL Server
2 7 (6.19%) SQL Server Integration Services
3 6 (5.31%) SQL Server 2008
4 5 (4.42%) SQL Server 2005
5 4 (3.54%) Oracle Database
6 3 (2.65%) Data Warehouse
7 2 (1.77%) SQL Server Analysis Services
8 1 (0.88%) Relational Database
8 1 (0.88%) OLTP
8 1 (0.88%) RDBMS
8 1 (0.88%) SQL Server Reporting Services
Development Applications
1 5 (4.42%) MSTest
2 3 (2.65%) Moq
2 3 (2.65%) Subversion
2 3 (2.65%) TeamCity
3 1 (0.88%) ERwin
3 1 (0.88%) ProC
3 1 (0.88%) Jenkins
General
1 59 (52.21%) Banking
2 54 (47.79%) Finance
3 37 (32.74%) Investment Banking
4 15 (13.27%) Front Office
5 4 (3.54%) General Ledger
5 4 (3.54%) Retail
6 3 (2.65%) Retail Banking
6 3 (2.65%) Legal
6 3 (2.65%) Financial Institution
7 1 (0.88%) Back Office
Job Titles
1 76 (67.26%) Analyst
2 69 (61.06%) Business Analyst
3 19 (16.81%) Developer
4 12 (10.62%) Credit Risk Business Analyst
4 12 (10.62%) Credit Risk Analyst
5 11 (9.73%) Project Manager
6 10 (8.85%) Investment Banking Business Analyst
7 9 (7.96%) Architect
8 8 (7.08%) Risk Analyst
8 8 (7.08%) IT Business Analyst
9 6 (5.31%) Banking Business Analyst
9 6 (5.31%) Senior Business Analyst
9 6 (5.31%) Senior Analyst
10 5 (4.42%) C# Developer
10 5 (4.42%) Financial Business Analyst
11 4 (3.54%) Analyst Developer
11 4 (3.54%) Business Architect
11 4 (3.54%) Quantitative Developer
11 4 (3.54%) Data Analyst
11 4 (3.54%) Senior Architect
Libraries, Frameworks & Software Standards
1 9 (7.96%) .NET
2 6 (5.31%) .NET Framework
2 6 (5.31%) ADO.NET Entity Framework
3 5 (4.42%) WPF
4 3 (2.65%) Ninject
4 3 (2.65%) FpML
5 2 (1.77%) LINQ
5 2 (1.77%) XML
6 1 (0.88%) Software Packaging
6 1 (0.88%) jQuery
6 1 (0.88%) Task Parallel Library
Miscellaneous
1 34 (30.09%) Credit Risk
2 25 (22.12%) Market Risk
3 23 (20.35%) Derivative
4 10 (8.85%) Equities
4 10 (8.85%) Credit Derivative
5 9 (7.96%) Fixed Income
6 4 (3.54%) Foreign Exchange (FX)
7 2 (1.77%) Management Information System
7 2 (1.77%) Reference Data
7 2 (1.77%) Enterprise Software
8 1 (0.88%) Hybrid Derivative
8 1 (0.88%) Client/Server
8 1 (0.88%) Grid Computing
8 1 (0.88%) Interest Rate Derivative
8 1 (0.88%) Equity Derivative
8 1 (0.88%) Mathematics
8 1 (0.88%) Applied Mathematics
Operating Systems
1 8 (7.08%) UNIX
2 5 (4.42%) Windows
3 2 (1.77%) Linux
Processes & Methodologies
1 29 (25.66%) Business Analysis
2 17 (15.04%) User Acceptance Testing
3 16 (14.16%) Project Management
4 15 (13.27%) Analytics
5 13 (11.50%) Risk Management
5 13 (11.50%) TDD
6 12 (10.62%) Agile Software Development
7 10 (8.85%) Data Analysis
7 10 (8.85%) Stress Testing
8 9 (7.96%) Data Modelling
8 9 (7.96%) Risk Analytics
8 9 (7.96%) Data Mapping
9 8 (7.08%) ETL
10 7 (6.19%) Change Management
10 7 (6.19%) Test Strategy
11 6 (5.31%) Continuous Integration
12 5 (4.42%) MVC
13 4 (3.54%) Asset Management
13 4 (3.54%) Data Management
13 4 (3.54%) Stakeholder Management
Programming Languages
1 50 (44.25%) SQL
2 16 (14.16%) C#
3 11 (9.73%) C++
4 9 (7.96%) VBA
4 9 (7.96%) Python
5 8 (7.08%) Java
6 6 (5.31%) Perl
7 2 (1.77%) F#
8 1 (0.88%) C
8 1 (0.88%) MATLAB
Qualifications
1 12 (10.62%) Degree
2 1 (0.88%) PhD
2 1 (0.88%) PMP
2 1 (0.88%) PMI Certification
Quality Assurance & Compliance
1 31 (27.43%) CRD IV
2 16 (14.16%) Basel II
3 15 (13.27%) COREP
4 12 (10.62%) QA
5 10 (8.85%) FINREP
6 9 (7.96%) Dodd-Frank
7 6 (5.31%) EMIR
8 2 (1.77%) Data Quality
8 2 (1.77%) FATCA
9 1 (0.88%) Solvency II
9 1 (0.88%) SLA
9 1 (0.88%) Sarbanes-Oxley
System Software
1 2 (1.77%) Active Directory
Systems Management
1 2 (1.77%) Symantec Enterprise Vault
2 1 (0.88%) HP Quality Center
Vendors
1 7 (6.19%) Microsoft
2 6 (5.31%) Oracle
3 4 (3.54%) Sybase
4 3 (2.65%) Business Objects
4 3 (2.65%) Informatica
5 2 (1.77%) Symantec
5 2 (1.77%) HP
5 2 (1.77%) EMC
5 2 (1.77%) CA
6 1 (0.88%) Hyperion
6 1 (0.88%) SAP
6 1 (0.88%) IBM
6 1 (0.88%) Teradata
6 1 (0.88%) Brady
6 1 (0.88%) TIBCO
6 1 (0.88%) Murex
6 1 (0.88%) Calypso
City, London
Aston Carter
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 2 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £495 per day
Posted: 3 days ago
London
ReThink Recruitment
Rate: £500 - £550 per day
Posted: 6 days ago
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 19 days ago
City of London
Orgtel
Rate: £600 - £700 per day
Posted: 27 days ago