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 26 August 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
26 Aug 2016
Same period 2015 Same period 2014
Basel III
Rank 425 401 402
Rank change year-on-year
-24 +1
Contract jobs citing Basel III 26 41 40
As % of all contract IT jobs located in London 0.11% 0.17% 0.16%
As % of the Quality Assurance & Compliance category 1.24% 1.83% 1.72%
Number of daily rates quoted 21 36 28
Median daily rate £525 £600 £563
Median daily rate % change year-on-year
-12.50% +6.66%
90% offered a daily rate of more than £413 £425 £439
10% offered a daily rate of more than £725 £650 £700
UK excluding London median daily rate £425 £500 £500
% change year-on-year
-15.00% -
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
2090 2235 2329
As % of all contract IT jobs located in London 9.08% 9.44% 9.59%
Number of daily rates quoted 1500 1554 1604
Median daily rate £468 £465 £450
Median daily rate % change year-on-year
+0.53% +3.33%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £403 £385
% change year-on-year
-0.62% +4.54%
Number of hourly rates quoted 24 30 29
Median hourly rate £20.00 £21.60 £19.00
Median hourly rate % change year-on-year
-7.38% +13.65%
90% offered a hourly rate of more than £13.38 £14.00 £13.39
10% offered a hourly rate of more than £70.00 £55.50 £137.50
UK excluding London median hourly rate £28.15 £25.06 £19.50
% change year-on-year
+12.33% +28.51%

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 26 August 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 26 August 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 +17 8 £508 -15.41% 3
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 26 August 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 32 (76.19%) Finance
2 25 (59.52%) Banking
3 17 (40.48%) Credit Risk
4 15 (35.71%) SQL
5 14 (33.33%) Risk Management
6 10 (23.81%) Retail
6 10 (23.81%) Business Analysis
7 9 (21.43%) Investment Banking
7 9 (21.43%) Market Risk
7 9 (21.43%) Project Management
8 8 (19.05%) Basel II
8 8 (19.05%) User Acceptance Testing
8 8 (19.05%) COREP
9 7 (16.67%) MS Excel
9 7 (16.67%) Front Office
10 6 (14.29%) Fixed Income
10 6 (14.29%) MS Visio
10 6 (14.29%) CRD IV
10 6 (14.29%) Test Scripting
10 6 (14.29%) Data Analysis
11 5 (11.90%) MS PowerPoint
11 5 (11.90%) COBIT
11 5 (11.90%) Retail Banking
11 5 (11.90%) CRISC
11 5 (11.90%) Sarbanes-Oxley
11 5 (11.90%) CISSP
11 5 (11.90%) MS Office
11 5 (11.90%) ITIL
11 5 (11.90%) Risk Assessment
11 5 (11.90%) CISA

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:

Application Platforms
1 3 (7.14%) SharePoint
Applications
1 7 (16.67%) MS Excel
2 6 (14.29%) MS Visio
3 5 (11.90%) MS Office
3 5 (11.90%) MS PowerPoint
4 2 (4.76%) Spreadsheet
Database & Business Intelligence
1 3 (7.14%) Data Mining
2 2 (4.76%) MS Access
3 1 (2.38%) Big Data
3 1 (2.38%) BusinessObjects
3 1 (2.38%) Data Warehouse
3 1 (2.38%) Oracle Reports
3 1 (2.38%) QlikView
3 1 (2.38%) SQL Server
General
1 32 (76.19%) Finance
2 25 (59.52%) Banking
3 10 (23.81%) Retail
4 9 (21.43%) Investment Banking
5 7 (16.67%) Front Office
6 5 (11.90%) Retail Banking
7 2 (4.76%) Back Office
7 2 (4.76%) Corporate Banking
7 2 (4.76%) General Ledger
Job Titles
1 27 (64.29%) Analyst
2 22 (52.38%) Business Analyst
3 10 (23.81%) Risk Analyst
4 9 (21.43%) Risk Business Analyst
5 6 (14.29%) Credit Analyst
5 6 (14.29%) Credit Risk Analyst
5 6 (14.29%) Credit Risk Business Analyst
5 6 (14.29%) Project Manager
6 4 (9.52%) Banking Analyst
6 4 (9.52%) Banking Business Analyst
6 4 (9.52%) Finance Business Analyst
6 4 (9.52%) Financial Analyst
6 4 (9.52%) Market Risk Analyst
6 4 (9.52%) Market Risk Business Analyst
6 4 (9.52%) Report Analyst
6 4 (9.52%) Test Analyst
7 3 (7.14%) Regulatory Business Analyst
7 3 (7.14%) Regulatory Reporting Business Analyst
7 3 (7.14%) Senior Business Analyst
7 3 (7.14%) SQL Analyst
Miscellaneous
1 17 (40.48%) Credit Risk
2 9 (21.43%) Market Risk
3 6 (14.29%) Fixed Income
4 4 (9.52%) Management Information System
5 3 (7.14%) Reference Data
6 2 (4.76%) Analytical Skills
6 2 (4.76%) Derivative
6 2 (4.76%) Equities
7 1 (2.38%) Contract for Difference
7 1 (2.38%) Foreign Exchange (FX)
Processes & Methodologies
1 14 (33.33%) Risk Management
2 10 (23.81%) Business Analysis
3 9 (21.43%) Project Management
4 8 (19.05%) User Acceptance Testing
5 6 (14.29%) Data Analysis
5 6 (14.29%) Test Scripting
6 5 (11.90%) ITIL
6 5 (11.90%) Regulatory Compliance
6 5 (11.90%) Risk Assessment
7 4 (9.52%) Information Security
7 4 (9.52%) Migration
7 4 (9.52%) Quality Management
7 4 (9.52%) Translating Business Requirements
8 3 (7.14%) Defect Management
8 3 (7.14%) Disaster Recovery
8 3 (7.14%) Internal Audit
8 3 (7.14%) SDLC
8 3 (7.14%) Security Testing
8 3 (7.14%) Stakeholder Management
8 3 (7.14%) Stress Testing
Programming Languages
1 15 (35.71%) SQL
2 3 (7.14%) VBA
3 2 (4.76%) Python
4 1 (2.38%) C
4 1 (2.38%) C#
4 1 (2.38%) PL/SQL
4 1 (2.38%) T-SQL
Qualifications
1 5 (11.90%) CISA
1 5 (11.90%) CISM
1 5 (11.90%) CISSP
1 5 (11.90%) CRISC
2 2 (4.76%) Degree
2 2 (4.76%) ISEB
3 1 (2.38%) A+ Certification
3 1 (2.38%) ISEB Practitioner
Quality Assurance & Compliance
1 8 (19.05%) Basel II
1 8 (19.05%) COREP
2 6 (14.29%) CRD IV
3 5 (11.90%) COBIT
3 5 (11.90%) Sarbanes-Oxley
4 2 (4.76%) Data Quality
5 1 (2.38%) Dodd-Frank
5 1 (2.38%) EMIR
5 1 (2.38%) MiFID
Systems Management
1 3 (7.14%) HP Quality Center
Vendors
1 2 (4.76%) Microsoft
1 2 (4.76%) Oracle
2 1 (2.38%) HP
2 1 (2.38%) JD Edwards