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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Basel III
Rank 374 321 309
Rank change year-on-year
-53 -12
Contract jobs citing Basel III 29 74 87
As % of all contract IT jobs located in London 0.13% 0.33% 0.40%
As % of the Quality Assurance & Compliance category 1.62% 3.85% 4.61%
Number of daily rates quoted 17 61 63
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £495 £400 £455
10% offered a daily rate of more than £616 £625 £645
UK excluding London average daily rate £500 £451 £410
% change year-on-year
+10.98% +9.87%
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
1785 1924 1886
As % of all contract IT jobs located in London 8.05% 8.50% 8.58%
Number of daily rates quoted 1259 1387 1322
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £285 £300
10% offered a daily rate of more than £630 £625 £640
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 20 25 32
Average hourly rate £20.00 £22.50 £33.75
Average hourly rate % change year-on-year
-11.11% -33.33%
90% offered a hourly rate of more than £12.40 £14.60 £13.97
10% offered a hourly rate of more than £119.75 £75.00 £135.00
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

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 22 May 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 22 May 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 -8 14 £600 +9.09% 2
Docklands, London -1 2 £624 +13.40% 1
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 22 May 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 45 (81.82%) Banking
2 33 (60.00%) Finance
3 21 (38.18%) Credit Risk
4 18 (32.73%) Investment Banking
5 13 (23.64%) Analytics
6 12 (21.82%) Stress Testing
7 11 (20.00%) SQL
7 11 (20.00%) Dodd-Frank
8 10 (18.18%) EMIR
8 10 (18.18%) CRD IV
8 10 (18.18%) Agile Software Development
9 9 (16.36%) Market Risk
9 9 (16.36%) Business Analysis
9 9 (16.36%) Risk Management
10 8 (14.55%) Project Management
11 7 (12.73%) Basel II
11 7 (12.73%) Migration
11 7 (12.73%) Derivative
12 6 (10.91%) Retail
12 6 (10.91%) Data Modelling
13 5 (9.09%) Oracle
13 5 (9.09%) PRINCE2
13 5 (9.09%) Data Management
13 5 (9.09%) MiFID
13 5 (9.09%) QA
13 5 (9.09%) Hadoop
13 5 (9.09%) Analytical Skills
13 5 (9.09%) COREP
13 5 (9.09%) FINREP
14 4 (7.27%) Software Delivery

Basel III
Top Related IT Skills in London by Category

For the 6 months to 22 May 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 3 (5.45%) SAS
2 1 (1.82%) SharePoint
2 1 (1.82%) Apache Spark
Applications
1 2 (3.64%) MS PowerPoint
1 2 (3.64%) MS Office
1 2 (3.64%) MS Excel
2 1 (1.82%) MS Visio
Business Applications
1 2 (3.64%) Adaptiv
Database & Business Intelligence
1 5 (9.09%) Hadoop
2 4 (7.27%) Big Data
3 3 (5.45%) RDBMS
3 3 (5.45%) Data Warehouse
3 3 (5.45%) Apache Hive
3 3 (5.45%) Impala
3 3 (5.45%) Relational Database
4 2 (3.64%) Oracle Reports
5 1 (1.82%) SQL Server
5 1 (1.82%) OLAP
5 1 (1.82%) MS Access
5 1 (1.82%) BusinessObjects XI
5 1 (1.82%) SQL Server Analysis Services
5 1 (1.82%) HBase
5 1 (1.82%) QlikView
General
1 45 (81.82%) Banking
2 33 (60.00%) Finance
3 18 (32.73%) Investment Banking
4 6 (10.91%) Retail
5 3 (5.45%) Front Office
5 3 (5.45%) Wholesale Banking
6 1 (1.82%) Financial Institution
6 1 (1.82%) Telecoms
6 1 (1.82%) Legal
6 1 (1.82%) Japanese Language
Job Titles
1 24 (43.64%) Analyst
2 19 (34.55%) Business Analyst
3 10 (18.18%) Credit Risk Analyst
4 9 (16.36%) Credit Risk Business Analyst
5 7 (12.73%) Project Manager
6 5 (9.09%) Credit Analyst
6 5 (9.09%) Risk Analyst
6 5 (9.09%) Test Leader
7 4 (7.27%) Developer
7 4 (7.27%) Consultant
8 3 (5.45%) Architect
8 3 (5.45%) Technical Architect
8 3 (5.45%) Change Consultant
8 3 (5.45%) Oracle Technical Architect
8 3 (5.45%) Oracle Architect
8 3 (5.45%) Testing Analyst
8 3 (5.45%) Credit Risk Project Manager
9 2 (3.64%) Hadoop Developer
9 2 (3.64%) IT Business Analyst
9 2 (3.64%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 4 (7.27%) XBRL
2 2 (3.64%) HTML5
2 2 (3.64%) HTML
3 1 (1.82%) JMS
3 1 (1.82%) .NET
3 1 (1.82%) COM
3 1 (1.82%) Hibernate
3 1 (1.82%) REST
3 1 (1.82%) WPF
3 1 (1.82%) Spring
3 1 (1.82%) Akka
3 1 (1.82%) Play Framework
Miscellaneous
1 21 (38.18%) Credit Risk
2 9 (16.36%) Market Risk
3 7 (12.73%) Derivative
4 5 (9.09%) Analytical Skills
5 3 (5.45%) Foreign Exchange (FX)
6 2 (3.64%) Data Integration
6 2 (3.64%) Fixed Income
6 2 (3.64%) Equities
7 1 (1.82%) Management Information System
7 1 (1.82%) Replication
7 1 (1.82%) Reference Data
7 1 (1.82%) Social Media
7 1 (1.82%) SWIFT
7 1 (1.82%) Visualisation
7 1 (1.82%) Credit Derivative
Processes & Methodologies
1 13 (23.64%) Analytics
2 12 (21.82%) Stress Testing
3 10 (18.18%) Agile Software Development
4 9 (16.36%) Business Analysis
4 9 (16.36%) Risk Management
5 8 (14.55%) Project Management
6 7 (12.73%) Migration
7 6 (10.91%) Data Modelling
8 5 (9.09%) PRINCE2
8 5 (9.09%) Data Management
9 4 (7.27%) Software Delivery
9 4 (7.27%) Test Automation
10 3 (5.45%) OO
10 3 (5.45%) Data Architecture
10 3 (5.45%) BDD
10 3 (5.45%) User Acceptance Testing
10 3 (5.45%) Data Analysis
10 3 (5.45%) Data Analytics
10 3 (5.45%) Technical Analysis
10 3 (5.45%) Automation Testing
Programming Languages
1 11 (20.00%) SQL
2 4 (7.27%) Java
3 2 (3.64%) C#
4 1 (1.82%) VBA
4 1 (1.82%) Scala
Qualifications
1 2 (3.64%) Degree
2 1 (1.82%) PMP
2 1 (1.82%) PMI Certification
2 1 (1.82%) Postgraduate
Quality Assurance & Compliance
1 11 (20.00%) Dodd-Frank
2 10 (18.18%) EMIR
2 10 (18.18%) CRD IV
3 7 (12.73%) Basel II
4 5 (9.09%) MiFID
4 5 (9.09%) QA
4 5 (9.09%) COREP
4 5 (9.09%) FINREP
5 2 (3.64%) FATCA
6 1 (1.82%) Solvency II
6 1 (1.82%) Data Quality
System Software
1 3 (5.45%) Apache Flume
2 2 (3.64%) HDFS
Systems Management
1 2 (3.64%) Oozie
2 1 (1.82%) HP Quality Center
Vendors
1 5 (9.09%) Oracle
2 2 (3.64%) Cloudera
2 2 (3.64%) SunGard
2 2 (3.64%) Microsoft
3 1 (1.82%) HP
3 1 (1.82%) Sybase
3 1 (1.82%) Business Objects
3 1 (1.82%) Actian
London
ANSON MCCADE
Rate: £550 - £650 per day
Posted: 4 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 9 days ago
London
Huxley Banking & Financial Services
Rate: £570 per day + competitive
Posted: 10 days ago
Docklands
Interquest - ITQ Financial - London
Rate: £610 per day
Posted: 15 days ago
London
Huxley Banking & Financial Services
Rate: £500 - £570 per day + competitive
Posted: 15 days ago