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 20 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
20 Oct 2014
Same period 2013 Same period 2012
Basel III
Rank 376 353 260
Rank change year-on-year
-23 -93
Contract jobs citing Basel III 52 89 151
As % of all contract IT jobs located in London 0.21% 0.35% 0.61%
As % of the Quality Assurance & Compliance category 2.66% 4.43% 7.38%
Number of daily rates quoted 41 48 136
Average daily rate
Keep up to 90%
of your Daily Rate
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£550 £550 £550
90% offered a daily rate of more than £450 £468 £463
10% offered a daily rate of more than £675 £658 £650
UK excluding London average daily rate £475 £433 £383
% change year-on-year
+9.82% +13.07%
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
1955 2010 2047
As % of all contract IT jobs located in London 7.93% 7.93% 8.23%
Number of daily rates quoted 1369 1426 1466
Average daily rate £450 £475 £463
Average daily rate % change year-on-year
-5.26% +2.70%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £625 £650 £638
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 36 24 44
Average hourly rate £19.50 £21.00 £19.40
Average hourly rate % change year-on-year
-7.14% +8.24%
90% offered a hourly rate of more than £12.94 £13.98 £13.50
10% offered a hourly rate of more than £57.50 £64.80 £50.00
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

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 20 October 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 20 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 +11 9 £538 -2.27% 6
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 20 October 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 57 (64.04%) Banking
2 49 (55.06%) Finance
3 43 (48.31%) Investment Banking
4 27 (30.34%) Credit Risk
5 26 (29.21%) SQL
6 22 (24.72%) Business Analysis
7 19 (21.35%) Market Risk
8 17 (19.10%) Derivative
8 17 (19.10%) Agile Software Development
9 16 (17.98%) Risk Management
10 15 (16.85%) TDD
10 15 (16.85%) Analytical Skills
11 14 (15.73%) Project Management
12 13 (14.61%) Credit Derivative
13 12 (13.48%) Analytics
14 11 (12.36%) Test Strategy
14 11 (12.36%) C#
15 10 (11.24%) Oracle
15 10 (11.24%) SQL Server
15 10 (11.24%) Basel II
15 10 (11.24%) Equities
15 10 (11.24%) Manual Testing
15 10 (11.24%) Risk Analytics
16 9 (10.11%) Front Office
17 8 (8.99%) Stakeholder Management
17 8 (8.99%) Automated Testing
17 8 (8.99%) Data Structures
17 8 (8.99%) Root Cause Analysis
17 8 (8.99%) Oracle Database
17 8 (8.99%) COREP

Basel III
Top Related IT Skills in London by Category

For the 6 months to 20 October 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.

Applications
1 6 (6.74%) MS Office
2 5 (5.62%) MS PowerPoint
3 4 (4.49%) MS Excel
4 2 (2.25%) MS Visio
5 1 (1.12%) Spreadsheet
5 1 (1.12%) MS Project
Communications & Networking
1 4 (4.49%) FTP
2 2 (2.25%) 4G
Database & Business Intelligence
1 10 (11.24%) SQL Server
2 8 (8.99%) Oracle Database
3 7 (7.87%) SQL Server Integration Services
4 5 (5.62%) SQL Server 2008
4 5 (5.62%) SQL Server 2005
5 3 (3.37%) Relational Database
6 2 (2.25%) SQL Server Analysis Services
6 2 (2.25%) Data Warehouse
6 2 (2.25%) OLTP
6 2 (2.25%) RDBMS
7 1 (1.12%) Big Data
Development Applications
1 5 (5.62%) MSTest
2 3 (3.37%) Moq
2 3 (3.37%) Subversion
2 3 (3.37%) TeamCity
3 2 (2.25%) Jenkins
3 2 (2.25%) ERwin
General
1 57 (64.04%) Banking
2 49 (55.06%) Finance
3 43 (48.31%) Investment Banking
4 9 (10.11%) Front Office
5 6 (6.74%) Retail
6 3 (3.37%) General Ledger
7 2 (2.25%) Back Office
8 1 (1.12%) Financial Institution
Job Titles
1 52 (58.43%) Analyst
2 41 (46.07%) Business Analyst
3 14 (15.73%) Developer
4 13 (14.61%) Architect
5 12 (13.48%) Project Manager
6 6 (6.74%) Risk Analyst
6 6 (6.74%) Investment Banking Business Analyst
7 5 (5.62%) Banking Business Analyst
7 5 (5.62%) C++ Quantitative Developer
7 5 (5.62%) Business Architect
7 5 (5.62%) Quantitative Developer
7 5 (5.62%) Senior Analyst
7 5 (5.62%) Senior Business Analyst
7 5 (5.62%) C++ Developer
8 4 (4.49%) Senior Architect
9 3 (3.37%) Credit Risk Analyst
9 3 (3.37%) Market Risk Business Analyst
9 3 (3.37%) C# Developer
9 3 (3.37%) Market Risk Analyst
9 3 (3.37%) Technical Architect
Libraries, Frameworks & Software Standards
1 7 (7.87%) .NET
2 5 (5.62%) .NET Framework
2 5 (5.62%) WPF
2 5 (5.62%) ADO.NET Entity Framework
3 3 (3.37%) Ninject
Miscellaneous
1 27 (30.34%) Credit Risk
2 19 (21.35%) Market Risk
3 17 (19.10%) Derivative
4 15 (16.85%) Analytical Skills
5 13 (14.61%) Credit Derivative
6 10 (11.24%) Equities
7 8 (8.99%) Data Structures
8 5 (5.62%) Algorithms
9 2 (2.25%) Grid Computing
10 1 (1.12%) Foreign Exchange (FX)
10 1 (1.12%) Fixed Income
10 1 (1.12%) Reference Data
10 1 (1.12%) Hedge funds
10 1 (1.12%) Economics
Operating Systems
1 5 (5.62%) Windows
1 5 (5.62%) Linux
2 3 (3.37%) UNIX
Processes & Methodologies
1 22 (24.72%) Business Analysis
2 17 (19.10%) Agile Software Development
3 16 (17.98%) Risk Management
4 15 (16.85%) TDD
5 14 (15.73%) Project Management
6 12 (13.48%) Analytics
7 11 (12.36%) Test Strategy
8 10 (11.24%) Risk Analytics
8 10 (11.24%) Manual Testing
9 8 (8.99%) Automated Testing
9 8 (8.99%) Stakeholder Management
9 8 (8.99%) Root Cause Analysis
10 7 (7.87%) Stress Testing
10 7 (7.87%) Continuous Integration
11 6 (6.74%) Data Analysis
11 6 (6.74%) Data Modelling
12 5 (5.62%) ETL
12 5 (5.62%) MVC
13 4 (4.49%) Validation
13 4 (4.49%) GAP Analysis
Programming Languages
1 26 (29.21%) SQL
2 11 (12.36%) C#
3 7 (7.87%) VBA
4 5 (5.62%) C++
5 2 (2.25%) Java
5 2 (2.25%) Perl
5 2 (2.25%) Python
Qualifications
1 7 (7.87%) Degree
2 2 (2.25%) PMP
2 2 (2.25%) PMI Certification
3 1 (1.12%) MBA
3 1 (1.12%) IIBA
3 1 (1.12%) CBAP
Quality Assurance & Compliance
1 10 (11.24%) Basel II
2 8 (8.99%) COREP
3 5 (5.62%) Solvency II
4 4 (4.49%) CRD IV
4 4 (4.49%) Dodd-Frank
5 3 (3.37%) EMIR
6 2 (2.25%) MiFID
7 1 (1.12%) QA
7 1 (1.12%) Data Quality
7 1 (1.12%) FATCA
7 1 (1.12%) Sarbanes-Oxley
Vendors
1 10 (11.24%) Oracle
2 4 (4.49%) Microsoft
3 3 (3.37%) Informatica
3 3 (3.37%) Business Objects
4 2 (2.25%) Teradata
4 2 (2.25%) Sybase
City of London
iKonnect
Rate: £700 - £800 per day
Posted: 9 hours ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
London
Aston Carter
Rate: £450 - £575 per day
Posted: 4 days ago
Docklands
iKonnect
Rate: £500 - £610 per day
Posted: 13 days ago
London
Orgtel
Rate: £550 - £650 per day
Posted: 26 days ago