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 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Basel III
Rank 384 331 304
Rank change year-on-year
-53 -27
Contract jobs citing Basel III 24 82 94
As % of all contract IT jobs located in London 0.11% 0.35% 0.43%
As % of the Quality Assurance & Compliance category 1.38% 4.07% 5.16%
Number of daily rates quoted 13 64 61
Average daily rate
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of your Daily Rate
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£550 £563 £575
Average daily rate % change year-on-year
-2.22% -2.17%
90% offered a daily rate of more than £378 £400 £400
10% offered a daily rate of more than £600 £650 £680
UK excluding London average daily rate £500 £488 £385
% change year-on-year
+2.56% +26.62%
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
1741 2016 1821
As % of all contract IT jobs located in London 7.82% 8.53% 8.28%
Number of daily rates quoted 1192 1419 1251
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £275 £288 £275
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £368 £338
% change year-on-year
+2.04% +8.88%
Number of hourly rates quoted 14 36 36
Average hourly rate £21.50 £20.87 £20.60
Average hourly rate % change year-on-year
+3.04% +1.28%
90% offered a hourly rate of more than £12.40 £14.90 £13.76
10% offered a hourly rate of more than £107.00 £79.55 £135.00
UK excluding London average hourly rate £22.50 £18.00 £15.13
% change year-on-year
+25.00% +19.00%

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 24 April 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 24 April 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 0 13 £550 - 2
Docklands, London 0 1 £638 +15.90% 1
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 24 April 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 39 (76.47%) Banking
2 34 (66.67%) Finance
3 20 (39.22%) Investment Banking
4 19 (37.25%) Credit Risk
5 13 (25.49%) Stress Testing
6 12 (23.53%) SQL
6 12 (23.53%) Analytics
7 11 (21.57%) Business Analysis
8 9 (17.65%) CRD IV
8 9 (17.65%) Analytical Skills
9 8 (15.69%) Dodd-Frank
9 8 (15.69%) Basel II
9 8 (15.69%) Risk Management
9 8 (15.69%) Agile Software Development
9 8 (15.69%) Market Risk
10 7 (13.73%) EMIR
11 6 (11.76%) COREP
11 6 (11.76%) FINREP
11 6 (11.76%) QA
11 6 (11.76%) Derivative
11 6 (11.76%) Project Management
12 5 (9.80%) Data Modelling
12 5 (9.80%) Oracle
12 5 (9.80%) MiFID
13 4 (7.84%) User Acceptance Testing
13 4 (7.84%) Data Management
13 4 (7.84%) PRINCE2
13 4 (7.84%) Java
13 4 (7.84%) Data Warehouse
13 4 (7.84%) XBRL

Basel III
Top Related IT Skills in London by Category

For the 6 months to 24 April 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 1 (1.96%) Apache Spark
1 1 (1.96%) SAS
1 1 (1.96%) SharePoint
Applications
1 3 (5.88%) MS Office
2 2 (3.92%) MS PowerPoint
2 2 (3.92%) MS Excel
2 2 (3.92%) MS Visio
Business Applications
1 2 (3.92%) Adaptiv
Database & Business Intelligence
1 4 (7.84%) Data Warehouse
2 3 (5.88%) Impala
2 3 (5.88%) Relational Database
2 3 (5.88%) RDBMS
2 3 (5.88%) Hadoop
2 3 (5.88%) Big Data
2 3 (5.88%) Apache Hive
3 2 (3.92%) Oracle Reports
4 1 (1.96%) OLAP
4 1 (1.96%) MS Access
4 1 (1.96%) QlikView
4 1 (1.96%) HBase
4 1 (1.96%) BusinessObjects XI
4 1 (1.96%) SQL Server Analysis Services
General
1 39 (76.47%) Banking
2 34 (66.67%) Finance
3 20 (39.22%) Investment Banking
4 3 (5.88%) Financial Institution
4 3 (5.88%) Retail
4 3 (5.88%) Wholesale Banking
5 2 (3.92%) Front Office
6 1 (1.96%) Telecoms
6 1 (1.96%) Legal
6 1 (1.96%) Japanese Language
Job Titles
1 25 (49.02%) Analyst
2 21 (41.18%) Business Analyst
3 9 (17.65%) Project Manager
4 8 (15.69%) Credit Risk Analyst
4 8 (15.69%) Credit Risk Business Analyst
5 5 (9.80%) Test Leader
6 4 (7.84%) Risk Analyst
6 4 (7.84%) Credit Analyst
6 4 (7.84%) Developer
7 3 (5.88%) Architect
7 3 (5.88%) Technical Architect
7 3 (5.88%) Oracle Technical Architect
7 3 (5.88%) Banking Business Analyst
7 3 (5.88%) Testing Analyst
7 3 (5.88%) Credit Risk Project Manager
7 3 (5.88%) Oracle Architect
8 2 (3.92%) IT Business Analyst
8 2 (3.92%) Business Project Manager
8 2 (3.92%) Business Manager
8 2 (3.92%) Banking Analyst
Libraries, Frameworks & Software Standards
1 4 (7.84%) XBRL
2 2 (3.92%) HTML5
2 2 (3.92%) HTML
3 1 (1.96%) Akka
3 1 (1.96%) Play Framework
3 1 (1.96%) Hibernate
3 1 (1.96%) JMS
3 1 (1.96%) .NET
3 1 (1.96%) COM
3 1 (1.96%) Spring
3 1 (1.96%) WPF
3 1 (1.96%) REST
Miscellaneous
1 19 (37.25%) Credit Risk
2 9 (17.65%) Analytical Skills
3 8 (15.69%) Market Risk
4 6 (11.76%) Derivative
5 2 (3.92%) Foreign Exchange (FX)
6 1 (1.96%) Management Information System
6 1 (1.96%) Replication
6 1 (1.96%) Fixed Income
6 1 (1.96%) Equities
6 1 (1.96%) Credit Derivative
6 1 (1.96%) Economics
6 1 (1.96%) Reference Data
6 1 (1.96%) Data Integration
Processes & Methodologies
1 13 (25.49%) Stress Testing
2 12 (23.53%) Analytics
3 11 (21.57%) Business Analysis
4 8 (15.69%) Risk Management
4 8 (15.69%) Agile Software Development
5 6 (11.76%) Project Management
6 5 (9.80%) Data Modelling
7 4 (7.84%) User Acceptance Testing
7 4 (7.84%) Data Management
7 4 (7.84%) PRINCE2
7 4 (7.84%) Migration
7 4 (7.84%) Software Delivery
8 3 (5.88%) Technical Analysis
8 3 (5.88%) Automation Testing
8 3 (5.88%) OO
8 3 (5.88%) Data Analysis
8 3 (5.88%) Data Analytics
8 3 (5.88%) BDD
8 3 (5.88%) Data Architecture
8 3 (5.88%) Test Automation
Programming Languages
1 12 (23.53%) SQL
2 4 (7.84%) Java
3 2 (3.92%) C#
4 1 (1.96%) VBA
4 1 (1.96%) Scala
Qualifications
1 2 (3.92%) Degree
2 1 (1.96%) Postgraduate
Quality Assurance & Compliance
1 9 (17.65%) CRD IV
2 8 (15.69%) Dodd-Frank
2 8 (15.69%) Basel II
3 7 (13.73%) EMIR
4 6 (11.76%) COREP
4 6 (11.76%) FINREP
4 6 (11.76%) QA
5 5 (9.80%) MiFID
6 2 (3.92%) FATCA
System Software
1 3 (5.88%) Apache Flume
2 2 (3.92%) HDFS
Systems Management
1 2 (3.92%) Oozie
Vendors
1 5 (9.80%) Oracle
2 2 (3.92%) Microsoft
2 2 (3.92%) SunGard
2 2 (3.92%) Cognos
3 1 (1.96%) Actian
3 1 (1.96%) HP
3 1 (1.96%) Sybase
3 1 (1.96%) Business Objects
London
Aston Carter
Rate: £400 - £500 per day
Posted: Yesterday
London
ANSON MCCADE
Rate: £550 - £650 per day
Posted: 3 days ago
London
Huxley Banking & Financial Services
Rate: £525 - £575 per day
Posted: 9 days ago
City of London
The People Network
Rate: £450 - £550 per day
Posted: 12 days ago
Docklands
Interquest - ITQ Financial - London
Rate: £600 - £675 per day
Posted: 19 days ago