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 30 May 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
30 May 2016
Same period 2015 Same period 2014
Basel III
Rank 399 390 361
Rank change year-on-year
-9 -29
Contract jobs citing Basel III 18 30 70
As % of all contract IT jobs located in London 0.083% 0.13% 0.30%
As % of the Quality Assurance & Compliance category 0.92% 1.44% 3.13%
Number of daily rates quoted 14 19 57
Median daily rate £550 £600 £550
Median daily rate % change year-on-year
-8.33% +9.09%
90% offered a daily rate of more than £493 £498 £400
10% offered a daily rate of more than £675 £613 £625
UK excluding London median daily rate £425 £500 £451
% change year-on-year
-15.00% +10.98%
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
1967 2088 2235
As % of all contract IT jobs located in London 9.07% 9.23% 9.56%
Number of daily rates quoted 1382 1479 1596
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £650 £630 £625
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 24 26 27
Median hourly rate £22.50 £20.00 £22.75
Median hourly rate % change year-on-year
+12.50% -12.08%
90% offered a hourly rate of more than £14.00 £13.60 £15.00
10% offered a hourly rate of more than £41.25 £165.00 £72.85
UK excluding London median hourly rate £27.50 £25.00 £21.00
% change year-on-year
+10.00% +19.04%

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 30 May 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 30 May 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 +32 2 £550 -8.33% 1
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 30 May 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 25 (78.13%) Banking
2 16 (50.00%) Finance
3 14 (43.75%) Investment Banking
4 9 (28.13%) Business Analysis
4 9 (28.13%) SQL
5 8 (25.00%) Project Management
5 8 (25.00%) Risk Management
5 8 (25.00%) Credit Risk
6 7 (21.88%) COREP
7 6 (18.75%) CRD IV
7 6 (18.75%) Basel II
8 5 (15.63%) Market Risk
9 4 (12.50%) EMIR
9 4 (12.50%) User Acceptance Testing
9 4 (12.50%) Dodd-Frank
10 3 (9.38%) Migration
10 3 (9.38%) Retail
10 3 (9.38%) Data Mining
10 3 (9.38%) Change Management
10 3 (9.38%) Disaster Recovery
10 3 (9.38%) Management Information System
10 3 (9.38%) Front Office
10 3 (9.38%) VBA
10 3 (9.38%) Oracle
10 3 (9.38%) SQL Server
10 3 (9.38%) Oracle Reports
10 3 (9.38%) Microsoft
10 3 (9.38%) Translating Business Requirements
10 3 (9.38%) Analytical Skills
10 3 (9.38%) MiFID

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:

Applications
1 1 (3.13%) MS Excel
1 1 (3.13%) MS Office
1 1 (3.13%) MS PowerPoint
1 1 (3.13%) MS Project
1 1 (3.13%) Spreadsheet
Database & Business Intelligence
1 3 (9.38%) Data Mining
1 3 (9.38%) Oracle Reports
1 3 (9.38%) SQL Server
2 2 (6.25%) Data Warehouse
3 1 (3.13%) Big Data
3 1 (3.13%) BusinessObjects
3 1 (3.13%) QlikView
3 1 (3.13%) SQL Server 2012
General
1 25 (78.13%) Banking
2 16 (50.00%) Finance
3 14 (43.75%) Investment Banking
4 3 (9.38%) Front Office
4 3 (9.38%) Retail
5 2 (6.25%) Back Office
5 2 (6.25%) Corporate Banking
6 1 (3.13%) General Ledger
6 1 (3.13%) Retail Banking
Job Titles
1 22 (68.75%) Analyst
2 19 (59.38%) Business Analyst
3 5 (15.63%) Banking Analyst
3 5 (15.63%) Project Manager
3 5 (15.63%) Risk Analyst
4 4 (12.50%) Banking Business Analyst
4 4 (12.50%) Liquidity Business Analyst
4 4 (12.50%) Regulatory Business Analyst
4 4 (12.50%) Report Analyst
4 4 (12.50%) Risk Business Analyst
5 3 (9.38%) MiFID Business Analyst
5 3 (9.38%) Regulatory Reporting Business Analyst
5 3 (9.38%) Risk Manager
6 2 (6.25%) Business IT Analyst
6 2 (6.25%) Finance Business Analyst
6 2 (6.25%) Financial Analyst
6 2 (6.25%) IT Analyst
6 2 (6.25%) IT Business Analyst
6 2 (6.25%) Technical Analyst
6 2 (6.25%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 2 (6.25%) COM
Miscellaneous
1 8 (25.00%) Credit Risk
2 5 (15.63%) Market Risk
3 3 (9.38%) Analytical Skills
3 3 (9.38%) Management Information System
4 2 (6.25%) Derivative
4 2 (6.25%) Equities
4 2 (6.25%) Fixed Income
5 1 (3.13%) Contract for Difference
5 1 (3.13%) Foreign Exchange (FX)
5 1 (3.13%) Reference Data
Processes & Methodologies
1 9 (28.13%) Business Analysis
2 8 (25.00%) Project Management
2 8 (25.00%) Risk Management
3 4 (12.50%) User Acceptance Testing
4 3 (9.38%) Change Management
4 3 (9.38%) Disaster Recovery
4 3 (9.38%) Migration
4 3 (9.38%) Security Testing
4 3 (9.38%) Stress Testing
4 3 (9.38%) Test Scripting
4 3 (9.38%) Translating Business Requirements
5 2 (6.25%) Data Management
5 2 (6.25%) Data Modelling
5 2 (6.25%) Integration Testing
6 1 (3.13%) Agile Software Development
6 1 (3.13%) Asset Management
6 1 (3.13%) Business Intelligence
6 1 (3.13%) Cost-Benefit Analysis
6 1 (3.13%) Data Analysis
6 1 (3.13%) IT Governance
Programming Languages
1 9 (28.13%) SQL
2 3 (9.38%) VBA
3 1 (3.13%) C
3 1 (3.13%) Java
3 1 (3.13%) Python
Qualifications
1 1 (3.13%) A+ Certification
1 1 (3.13%) Degree
Quality Assurance & Compliance
1 7 (21.88%) COREP
2 6 (18.75%) Basel II
2 6 (18.75%) CRD IV
3 4 (12.50%) Dodd-Frank
3 4 (12.50%) EMIR
4 3 (9.38%) MiFID
5 2 (6.25%) Data Quality
6 1 (3.13%) FATCA
Vendors
1 3 (9.38%) Microsoft
1 3 (9.38%) Oracle
London
Connectus
Rate: £450 per day
Posted: 3 days ago
London
HAYS INFORMATION TECHNOLOGY
Rate: £470.00 per day
Posted: 6 days ago