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 8 December 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
8 Dec 2016
Same period 2015 Same period 2014
Basel III
Rank 402 401 403
Rank change year-on-year
-1 +2
Contract jobs citing Basel III 25 23 35
As % of all contract IT jobs located in London 0.12% 0.10% 0.15%
As % of the Quality Assurance & Compliance category 1.15% 1.00% 1.54%
Number of daily rates quoted 19 21 30
Median daily rate £510 £585 £525
Median daily rate % change year-on-year
-12.82% +11.42%
90% offered a daily rate of more than £435 £463 £450
10% offered a daily rate of more than £650 £700 £625
UK excluding London median daily rate - £483 £500
% change year-on-year
- -3.50%
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
2167 2295 2279
As % of all contract IT jobs located in London 10.07% 10.17% 9.66%
Number of daily rates quoted 1511 1520 1631
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £305 £300 £275
10% offered a daily rate of more than £650 £630 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 39 27 39
Median hourly rate £18.94 £22.50 £21.75
Median hourly rate % change year-on-year
-15.84% +3.44%
90% offered a hourly rate of more than £10.09 £13.20 £13.95
10% offered a hourly rate of more than £44.70 £54.00 £47.50
UK excluding London median hourly rate £21.50 £25.00 £22.00
% change year-on-year
-14.00% +13.63%

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 8 December 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 8 December 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
Docklands, London +2 3 - -
City of London -10 3 £650 +36.84%
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 8 December 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 39 (82.98%) Finance
2 28 (59.57%) Banking
3 18 (38.30%) Credit Risk
4 17 (36.17%) SQL
5 15 (31.91%) Market Risk
6 13 (27.66%) Risk Management
6 13 (27.66%) MS Excel
7 11 (23.40%) Business Analysis
7 11 (23.40%) MiFID
8 10 (21.28%) Change Management
8 10 (21.28%) Target Operating Model
9 9 (19.15%) Stakeholder Management
9 9 (19.15%) MS Visio
9 9 (19.15%) Retail
10 8 (17.02%) Lean Six Sigma
10 8 (17.02%) Six Sigma
10 8 (17.02%) C#
10 8 (17.02%) MS Office
11 7 (14.89%) CRD IV
11 7 (14.89%) Project Management
11 7 (14.89%) Fixed Income
11 7 (14.89%) Risk Assessment
11 7 (14.89%) Front Office
11 7 (14.89%) Degree
11 7 (14.89%) MS PowerPoint
11 7 (14.89%) Investment Banking
12 6 (12.77%) Data Analysis
12 6 (12.77%) SQL Server
12 6 (12.77%) T-SQL
13 5 (10.64%) .NET

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 5 (10.64%) Confluence
2 4 (8.51%) SharePoint
Applications
1 13 (27.66%) MS Excel
2 9 (19.15%) MS Visio
3 8 (17.02%) MS Office
4 7 (14.89%) MS PowerPoint
5 1 (2.13%) Spreadsheet
Communications & Networking
1 1 (2.13%) Intranet
Database & Business Intelligence
1 6 (12.77%) SQL Server
2 4 (8.51%) Qlik Sense
3 2 (4.26%) Oracle Database
3 2 (4.26%) Oracle Database 12c
3 2 (4.26%) Oracle Reports
3 2 (4.26%) QlikView
4 1 (2.13%) Data Warehouse
4 1 (2.13%) MS Access
4 1 (2.13%) SQL Server Integration Services
4 1 (2.13%) SQL Server Reporting Services
Development Applications
1 5 (10.64%) JIRA
2 4 (8.51%) Git (software)
2 4 (8.51%) Subversion
General
1 39 (82.98%) Finance
2 28 (59.57%) Banking
3 9 (19.15%) Retail
4 7 (14.89%) Front Office
4 7 (14.89%) Investment Banking
5 5 (10.64%) Retail Banking
6 4 (8.51%) Legal
7 2 (4.26%) Corporate Banking
7 2 (4.26%) Telecoms
7 2 (4.26%) Wholesale Banking
8 1 (2.13%) General Ledger
Job Titles
1 22 (46.81%) Analyst
2 18 (38.30%) Business Analyst
3 8 (17.02%) Risk Analyst
3 8 (17.02%) Risk Business Analyst
4 7 (14.89%) Developer
5 6 (12.77%) SQL Developer
6 5 (10.64%) Credit Analyst
6 5 (10.64%) Credit Risk Analyst
6 5 (10.64%) Credit Risk Business Analyst
6 5 (10.64%) Market Risk Analyst
6 5 (10.64%) Market Risk Business Analyst
6 5 (10.64%) Senior Analyst
6 5 (10.64%) Senior Business Analyst
7 4 (8.51%) Banking Analyst
7 4 (8.51%) Banking Business Analyst
7 4 (8.51%) C# Developer
7 4 (8.51%) Finance Business Analyst
7 4 (8.51%) Financial Analyst
7 4 (8.51%) Project Manager
7 4 (8.51%) Test Analyst
Libraries, Frameworks & Software Standards
1 5 (10.64%) .NET
1 5 (10.64%) .NET Framework
1 5 (10.64%) LINQ
1 5 (10.64%) WCF
1 5 (10.64%) WPF
2 4 (8.51%) XML
3 2 (4.26%) WinForms
Miscellaneous
1 18 (38.30%) Credit Risk
2 15 (31.91%) Market Risk
3 7 (14.89%) Fixed Income
4 5 (10.64%) Analytical Skills
5 4 (8.51%) Equities
6 3 (6.38%) Derivative
6 3 (6.38%) Management Information System
6 3 (6.38%) Reference Data
7 2 (4.26%) Data Integration
7 2 (4.26%) Fintech
7 2 (4.26%) Foreign Exchange (FX)
7 2 (4.26%) Mathematics
7 2 (4.26%) Physics
8 1 (2.13%) Economics
Processes & Methodologies
1 13 (27.66%) Risk Management
2 11 (23.40%) Business Analysis
3 10 (21.28%) Change Management
3 10 (21.28%) Target Operating Model
4 9 (19.15%) Stakeholder Management
5 8 (17.02%) Lean Six Sigma
5 8 (17.02%) Six Sigma
6 7 (14.89%) Project Management
6 7 (14.89%) Risk Assessment
7 6 (12.77%) Data Analysis
8 5 (10.64%) Agile Software Development
8 5 (10.64%) ITIL
8 5 (10.64%) Regulatory Compliance
8 5 (10.64%) User Acceptance Testing
9 4 (8.51%) Data Management
9 4 (8.51%) Data Modelling
9 4 (8.51%) Information Security
9 4 (8.51%) OO
9 4 (8.51%) Quality Management
9 4 (8.51%) Unit Testing
Programming Languages
1 17 (36.17%) SQL
2 8 (17.02%) C#
3 6 (12.77%) T-SQL
4 2 (4.26%) PL/SQL
5 1 (2.13%) Python
5 1 (2.13%) VBA
Qualifications
1 7 (14.89%) Degree
2 5 (10.64%) CISA
2 5 (10.64%) CISM
2 5 (10.64%) CISSP
2 5 (10.64%) CRISC
3 2 (4.26%) ISEB
4 1 (2.13%) CFA
4 1 (2.13%) ISEB Practitioner
4 1 (2.13%) MBA
Quality Assurance & Compliance
1 11 (23.40%) MiFID
2 7 (14.89%) CRD IV
3 5 (10.64%) COBIT
3 5 (10.64%) Sarbanes-Oxley
4 4 (8.51%) Basel II
5 3 (6.38%) COREP
5 3 (6.38%) Dodd-Frank
5 3 (6.38%) QA
6 2 (4.26%) Solvency II
7 1 (2.13%) Data Quality
7 1 (2.13%) EMIR
7 1 (2.13%) FINREP
Systems Management
1 3 (6.38%) HP Quality Center
Vendors
1 4 (8.51%) Microsoft
2 3 (6.38%) Oracle
3 2 (4.26%) Murex
4 1 (2.13%) HP
4 1 (2.13%) JD Edwards