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 average contractor rates offered in IT contracts that have cited Basel III over the 3 months to 27 January 2015 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
27 Jan 2015
Same period 2014 Same period 2013
Basel III
Rank 368 309 291
Rank change year-on-year
-59 -18
Contract jobs citing Basel III 27 78 75
As % of all contract IT jobs located in London 0.13% 0.36% 0.38%
As % of the Quality Assurance & Compliance category 1.59% 4.33% 5.08%
Number of daily rates quoted 25 52 67
Average daily rate
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of your Daily Rate
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£513 £575 £600
Average daily rate % change year-on-year
-10.86% -4.16%
90% offered a daily rate of more than £265 £450 £425
10% offered a daily rate of more than £700 £720 £675
UK excluding London average daily rate £500 £438 £383
% change year-on-year
+14.22% +14.44%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
1693 1802 1476
As % of all contract IT jobs located in London 8.07% 8.25% 7.53%
Number of daily rates quoted 1140 1241 1014
Average daily rate £435 £450 £450
Average daily rate % change year-on-year
-3.33% -
90% offered a daily rate of more than £250 £280 £263
10% offered a daily rate of more than £600 £650 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 25 21 37
Average hourly rate £20.00 £14.00 £22.16
Average hourly rate % change year-on-year
+42.85% -36.81%
90% offered a hourly rate of more than £14.40 £11.00 £13.71
10% offered a hourly rate of more than £46.00 £22.50 £92.95
UK excluding London average hourly rate £19.00 £17.15 £23.00
% change year-on-year
+10.78% -25.43%

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 27 January 2015.

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 27 January 2015. 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 -12 7 £625 +19.04% 6
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 27 January 2015, 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 47 (61.84%) Finance
2 46 (60.53%) Banking
3 35 (46.05%) Investment Banking
4 21 (27.63%) SQL
4 21 (27.63%) Credit Risk
5 19 (25.00%) Business Analysis
6 16 (21.05%) Derivative
7 15 (19.74%) Analytical Skills
8 14 (18.42%) Risk Management
9 12 (15.79%) Market Risk
9 12 (15.79%) Agile Software Development
10 10 (13.16%) COREP
10 10 (13.16%) Analytics
11 9 (11.84%) CRD IV
11 9 (11.84%) Project Management
11 9 (11.84%) Credit Derivative
12 8 (10.53%) Equities
12 8 (10.53%) Stress Testing
12 8 (10.53%) Stakeholder Management
12 8 (10.53%) Data Modelling
13 7 (9.21%) MS Office
13 7 (9.21%) Basel II
13 7 (9.21%) Manual Testing
13 7 (9.21%) MiFID
13 7 (9.21%) Data Analysis
13 7 (9.21%) EMIR
14 6 (7.89%) FINREP
14 6 (7.89%) Test Strategy
14 6 (7.89%) Retail
14 6 (7.89%) TDD

Basel III
Top Related IT Skills in London by Category

For the 6 months to 27 January 2015, 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 1 (1.32%) Apache Spark
Applications
1 7 (9.21%) MS Office
2 3 (3.95%) MS Excel
2 3 (3.95%) MS PowerPoint
3 2 (2.63%) MS Visio
4 1 (1.32%) MS Project
4 1 (1.32%) Spreadsheet
Communications & Networking
1 2 (2.63%) 4G
Database & Business Intelligence
1 5 (6.58%) Data Warehouse
1 5 (6.58%) Oracle Database
1 5 (6.58%) Relational Database
2 4 (5.26%) Big Data
2 4 (5.26%) RDBMS
3 3 (3.95%) Hadoop
3 3 (3.95%) Apache Hive
3 3 (3.95%) Impala
4 2 (2.63%) SQL Server Analysis Services
4 2 (2.63%) SQL Server
5 1 (1.32%) OLAP
5 1 (1.32%) OLTP
5 1 (1.32%) BusinessObjects XI
5 1 (1.32%) SQL Server Integration Services
5 1 (1.32%) QlikView
5 1 (1.32%) HBase
Development Applications
1 1 (1.32%) ERwin
1 1 (1.32%) Jenkins
General
1 47 (61.84%) Finance
2 46 (60.53%) Banking
3 35 (46.05%) Investment Banking
4 6 (7.89%) Retail
5 5 (6.58%) Financial Institution
5 5 (6.58%) Front Office
6 2 (2.63%) Back Office
7 1 (1.32%) General Ledger
Job Titles
1 40 (52.63%) Analyst
2 30 (39.47%) Business Analyst
3 12 (15.79%) Project Manager
4 11 (14.47%) Developer
5 6 (7.89%) Architect
6 5 (6.58%) Banking Business Analyst
6 5 (6.58%) Quantitative Developer
6 5 (6.58%) C++ Developer
6 5 (6.58%) Test Leader
6 5 (6.58%) C++ Quantitative Developer
7 4 (5.26%) Risk Analyst
7 4 (5.26%) Market Risk Business Analyst
7 4 (5.26%) Market Risk Analyst
8 3 (3.95%) Technical Architect
8 3 (3.95%) Investment Banking Business Analyst
8 3 (3.95%) Lead Business Analyst
8 3 (3.95%) IT Business Analyst
9 2 (2.63%) Report Manager
9 2 (2.63%) Hadoop Developer
9 2 (2.63%) Business Project Manager
Libraries, Frameworks & Software Standards
1 3 (3.95%) XBRL
2 2 (2.63%) .NET
3 1 (1.32%) HTML
3 1 (1.32%) JMS
3 1 (1.32%) WPF
3 1 (1.32%) Akka
3 1 (1.32%) Play Framework
3 1 (1.32%) REST
3 1 (1.32%) HTML5
Miscellaneous
1 21 (27.63%) Credit Risk
2 16 (21.05%) Derivative
3 15 (19.74%) Analytical Skills
4 12 (15.79%) Market Risk
5 9 (11.84%) Credit Derivative
6 8 (10.53%) Equities
7 5 (6.58%) Data Structures
7 5 (6.58%) Algorithms
8 2 (2.63%) Economics
8 2 (2.63%) Reference Data
9 1 (1.32%) Foreign Exchange (FX)
9 1 (1.32%) Replication
9 1 (1.32%) Fixed Income
9 1 (1.32%) Grid Computing
9 1 (1.32%) Management Information System
9 1 (1.32%) Data Integration
9 1 (1.32%) Hedge funds
Operating Systems
1 5 (6.58%) Windows
1 5 (6.58%) Linux
Processes & Methodologies
1 19 (25.00%) Business Analysis
2 14 (18.42%) Risk Management
3 12 (15.79%) Agile Software Development
4 10 (13.16%) Analytics
5 9 (11.84%) Project Management
6 8 (10.53%) Stress Testing
6 8 (10.53%) Stakeholder Management
6 8 (10.53%) Data Modelling
7 7 (9.21%) Manual Testing
7 7 (9.21%) Data Analysis
8 6 (7.89%) Test Strategy
8 6 (7.89%) TDD
9 5 (6.58%) Validation
9 5 (6.58%) GAP Analysis
9 5 (6.58%) Data Architecture
9 5 (6.58%) Automated Testing
9 5 (6.58%) Root Cause Analysis
9 5 (6.58%) Risk Analytics
10 4 (5.26%) Logical Data Model
10 4 (5.26%) Data Management
Programming Languages
1 21 (27.63%) SQL
2 6 (7.89%) C#
3 5 (6.58%) C++
3 5 (6.58%) Java
4 4 (5.26%) VBA
5 2 (2.63%) Python
5 2 (2.63%) Perl
6 1 (1.32%) Scala
Qualifications
1 5 (6.58%) Degree
2 1 (1.32%) PMP
2 1 (1.32%) PMI Certification
2 1 (1.32%) Postgraduate
2 1 (1.32%) MBA
2 1 (1.32%) IIBA
2 1 (1.32%) CBAP
Quality Assurance & Compliance
1 10 (13.16%) COREP
2 9 (11.84%) CRD IV
3 7 (9.21%) Basel II
3 7 (9.21%) MiFID
3 7 (9.21%) EMIR
4 6 (7.89%) FINREP
4 6 (7.89%) QA
5 5 (6.58%) Solvency II
6 4 (5.26%) Dodd-Frank
7 1 (1.32%) Sarbanes-Oxley
7 1 (1.32%) FATCA
System Software
1 3 (3.95%) Apache Flume
2 2 (2.63%) HDFS
Systems Management
1 2 (2.63%) Oozie
Vendors
1 6 (7.89%) Oracle
2 2 (2.63%) Cognos
2 2 (2.63%) Microsoft
2 2 (2.63%) Business Objects
3 1 (1.32%) Sybase
3 1 (1.32%) HP
3 1 (1.32%) Teradata
London
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: 4 days ago
London
Aston Carter
Rate: £450 - £550 per annum
Posted: 6 days ago
City of London
Real Staffing
Rate: £300 - £350 per day + competitive
Posted: 12 days ago
Docklands
Interquest - ITQ Financial - London
Rate: £600 - £675 per day
Posted: 18 days ago
London
Real Staffing
Rate: £600 - £650 per day + competitive
Posted: 21 days ago