The table below looks at the statistics for Basel III 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 III over the 3 months to 23 July 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
23 Jul 2016
Same period 2015 Same period 2014
Basel III
Rank 409 389 384
Rank change year-on-year
-20 -5
Contract jobs citing Basel III 22 37 37
As % of all contract IT jobs located in London 0.099% 0.16% 0.16%
As % of the Quality Assurance & Compliance category 1.09% 1.65% 1.73%
Number of daily rates quoted 15 32 28
Median daily rate £550 £600 £550
Median daily rate % change year-on-year
-8.33% +9.09%
90% offered a daily rate of more than £500 £521 £453
10% offered a daily rate of more than £725 £650 £615
UK excluding London median daily rate £425 £500 £469
% change year-on-year
-15.00% +6.60%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Basel III
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
2014 2249 2140
As % of all contract IT jobs located in London 9.09% 9.53% 9.34%
Number of daily rates quoted 1406 1618 1477
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £395 £375
% change year-on-year
+1.26% +5.33%
Number of hourly rates quoted 26 32 21
Median hourly rate £19.23 £20.00 £20.00
Median hourly rate % change year-on-year
-3.85% -
90% offered a hourly rate of more than £12.60 £14.00 £13.60
10% offered a hourly rate of more than £53.80 £137.50 £112.75
UK excluding London median hourly rate £28.00 £22.00 £20.13
% change year-on-year
+27.27% +9.31%

Basel III
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Basel III as a proportion of all IT contracts with a match in 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 23 July 2016.

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 median contractor rates quoted in IT jobs citing Basel III within the London region over the 3 months to 23 July 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 +28 3 £725 +20.83% 3
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 23 July 2016, IT contractor jobs citing Basel III 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 III.

1 24 (70.59%) Finance
2 23 (67.65%) Banking
3 15 (44.12%) Credit Risk
4 11 (32.35%) SQL
5 10 (29.41%) Investment Banking
5 10 (29.41%) COREP
6 9 (26.47%) Risk Management
6 9 (26.47%) Business Analysis
6 9 (26.47%) Project Management
7 8 (23.53%) Basel II
7 8 (23.53%) CRD IV
8 7 (20.59%) Market Risk
9 6 (17.65%) Test Scripting
9 6 (17.65%) Front Office
10 5 (14.71%) Retail
10 5 (14.71%) User Acceptance Testing
11 4 (11.76%) Translating Business Requirements
11 4 (11.76%) Data Analysis
11 4 (11.76%) Management Information System
12 3 (8.82%) Back Office
12 3 (8.82%) Disaster Recovery
12 3 (8.82%) VBA
12 3 (8.82%) MS Excel
12 3 (8.82%) Data Mining
12 3 (8.82%) Microsoft
12 3 (8.82%) Retail Banking
12 3 (8.82%) Derivative
12 3 (8.82%) Migration
12 3 (8.82%) SDLC
12 3 (8.82%) Stress Testing

Basel III
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:

Applications
1 3 (8.82%) MS Excel
2 2 (5.88%) MS PowerPoint
2 2 (5.88%) Spreadsheet
3 1 (2.94%) MS Office
3 1 (2.94%) MS Visio
Database & Business Intelligence
1 3 (8.82%) Data Mining
2 2 (5.88%) BusinessObjects
2 2 (5.88%) Data Warehouse
2 2 (5.88%) Oracle Reports
3 1 (2.94%) Big Data
3 1 (2.94%) MS Access
3 1 (2.94%) QlikView
General
1 24 (70.59%) Finance
2 23 (67.65%) Banking
3 10 (29.41%) Investment Banking
4 6 (17.65%) Front Office
5 5 (14.71%) Retail
6 3 (8.82%) Back Office
6 3 (8.82%) Retail Banking
7 2 (5.88%) Corporate Banking
7 2 (5.88%) General Ledger
Job Titles
1 24 (70.59%) Analyst
2 21 (61.76%) Business Analyst
3 8 (23.53%) Risk Analyst
4 7 (20.59%) Risk Business Analyst
5 6 (17.65%) Project Manager
6 5 (14.71%) Report Analyst
7 4 (11.76%) Credit Analyst
7 4 (11.76%) Credit Risk Analyst
7 4 (11.76%) Credit Risk Business Analyst
7 4 (11.76%) Finance Business Analyst
7 4 (11.76%) Financial Analyst
8 3 (8.82%) Banking Analyst
8 3 (8.82%) Banking Business Analyst
8 3 (8.82%) Liquidity Business Analyst
8 3 (8.82%) Regulatory Business Analyst
8 3 (8.82%) Regulatory Reporting Business Analyst
8 3 (8.82%) Risk Manager
9 2 (5.88%) Business IT Analyst
9 2 (5.88%) IT Business Analyst
9 2 (5.88%) Senior Analyst
Miscellaneous
1 15 (44.12%) Credit Risk
2 7 (20.59%) Market Risk
3 4 (11.76%) Management Information System
4 3 (8.82%) Analytical Skills
4 3 (8.82%) Derivative
4 3 (8.82%) Reference Data
5 2 (5.88%) Contract for Difference
5 2 (5.88%) Equities
5 2 (5.88%) Fixed Income
5 2 (5.88%) Foreign Exchange (FX)
Processes & Methodologies
1 9 (26.47%) Business Analysis
1 9 (26.47%) Project Management
1 9 (26.47%) Risk Management
2 6 (17.65%) Test Scripting
3 5 (14.71%) User Acceptance Testing
4 4 (11.76%) Data Analysis
4 4 (11.76%) Translating Business Requirements
5 3 (8.82%) Disaster Recovery
5 3 (8.82%) Migration
5 3 (8.82%) SDLC
5 3 (8.82%) Security Testing
5 3 (8.82%) Stress Testing
6 2 (5.88%) Business Intelligence
6 2 (5.88%) Change Management
6 2 (5.88%) Cost-Benefit Analysis
6 2 (5.88%) Data Management
6 2 (5.88%) Data Modelling
6 2 (5.88%) IT Governance
6 2 (5.88%) Software Testing
6 2 (5.88%) Stakeholder Management
Programming Languages
1 11 (32.35%) SQL
2 3 (8.82%) VBA
3 2 (5.88%) Python
4 1 (2.94%) C
4 1 (2.94%) C#
Qualifications
1 1 (2.94%) A+ Certification
1 1 (2.94%) Degree
Quality Assurance & Compliance
1 10 (29.41%) COREP
2 8 (23.53%) Basel II
2 8 (23.53%) CRD IV
3 2 (5.88%) Data Quality
3 2 (5.88%) Dodd-Frank
3 2 (5.88%) EMIR
3 2 (5.88%) MiFID
Systems Management
1 2 (5.88%) HP Quality Center
Vendors
1 3 (8.82%) Microsoft
2 2 (5.88%) Oracle
3 1 (2.94%) JD Edwards