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 December 2014 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 Dec 2014
Same period 2013 Same period 2012
Basel III
Rank 364 338 310
Rank change year-on-year
-26 -28
Contract jobs citing Basel III 35 77 74
As % of all contract IT jobs located in London 0.15% 0.32% 0.35%
As % of the Quality Assurance & Compliance category 1.92% 4.09% 4.50%
Number of daily rates quoted 33 55 69
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £550 £550
Average daily rate % change year-on-year
-4.54% -
90% offered a daily rate of more than £426 £450 £445
10% offered a daily rate of more than £625 £725 £675
UK excluding London average daily rate £500 £425 £383
% change year-on-year
+17.64% +11.11%
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
1825 1881 1645
As % of all contract IT jobs located in London 7.98% 7.83% 7.76%
Number of daily rates quoted 1270 1331 1150
Average daily rate £450 £471 £450
Average daily rate % change year-on-year
-4.50% +4.72%
90% offered a daily rate of more than £251 £288 £275
10% offered a daily rate of more than £600 £675 £600
UK excluding London average daily rate £370 £350 £350
% change year-on-year
+5.71% -
Number of hourly rates quoted 34 22 41
Average hourly rate £17.50 £21.00 £22.00
Average hourly rate % change year-on-year
-16.66% -4.54%
90% offered a hourly rate of more than £14.00 £11.00 £13.50
10% offered a hourly rate of more than £47.50 £43.10 £82.40
UK excluding London average hourly rate £19.00 £18.53 £20.64
% change year-on-year
+2.56% -10.25%

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 December 2014.

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 December 2014. 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 -30 4 £625 +19.04% 5
Basel III
England

Basel III
Top 30 Related IT Skills in London

For the 6 months to 22 December 2014, 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 50 (65.79%) Finance
2 49 (64.47%) Banking
3 38 (50.00%) Investment Banking
4 24 (31.58%) Credit Risk
5 21 (27.63%) SQL
5 21 (27.63%) Business Analysis
6 19 (25.00%) Analytical Skills
7 18 (23.68%) Derivative
8 16 (21.05%) Risk Management
9 14 (18.42%) Market Risk
10 13 (17.11%) Agile Software Development
10 13 (17.11%) Credit Derivative
10 13 (17.11%) Analytics
11 11 (14.47%) Equities
12 10 (13.16%) Oracle
12 10 (13.16%) Project Management
12 10 (13.16%) TDD
12 10 (13.16%) Manual Testing
12 10 (13.16%) COREP
13 9 (11.84%) Basel II
13 9 (11.84%) Stakeholder Management
13 9 (11.84%) Test Strategy
13 9 (11.84%) Risk Analytics
14 8 (10.53%) Automated Testing
14 8 (10.53%) Root Cause Analysis
14 8 (10.53%) Oracle Database
14 8 (10.53%) CRD IV
14 8 (10.53%) Data Structures
15 7 (9.21%) MS Office
15 7 (9.21%) Data Modelling

Basel III
Top Related IT Skills in London by Category

For the 6 months to 22 December 2014, 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 (1.32%) Apache Spark
Applications
1 7 (9.21%) MS Office
2 4 (5.26%) MS Excel
2 4 (5.26%) MS PowerPoint
3 3 (3.95%) MS Visio
4 1 (1.32%) Spreadsheet
4 1 (1.32%) MS Project
Communications & Networking
1 2 (2.63%) 4G
Database & Business Intelligence
1 8 (10.53%) Oracle Database
2 5 (6.58%) Data Warehouse
3 4 (5.26%) SQL Server
3 4 (5.26%) Relational Database
4 3 (3.95%) RDBMS
5 2 (2.63%) OLTP
5 2 (2.63%) Big Data
5 2 (2.63%) SQL Server Analysis Services
6 1 (1.32%) Hadoop
6 1 (1.32%) Apache Hive
6 1 (1.32%) HBase
6 1 (1.32%) Impala
6 1 (1.32%) OLAP
6 1 (1.32%) SQL Server Integration Services
6 1 (1.32%) QlikView
6 1 (1.32%) BusinessObjects XI
Development Applications
1 1 (1.32%) ERwin
1 1 (1.32%) Jenkins
General
1 50 (65.79%) Finance
2 49 (64.47%) Banking
3 38 (50.00%) Investment Banking
4 6 (7.89%) Retail
5 5 (6.58%) Financial Institution
5 5 (6.58%) Front Office
6 2 (2.63%) Back Office
6 2 (2.63%) General Ledger
Job Titles
1 42 (55.26%) Analyst
2 31 (40.79%) Business Analyst
3 12 (15.79%) Project Manager
4 10 (13.16%) Developer
5 7 (9.21%) Architect
6 6 (7.89%) Banking Business Analyst
7 5 (6.58%) Quantitative Developer
7 5 (6.58%) C++ Developer
7 5 (6.58%) C++ Quantitative Developer
8 4 (5.26%) Market Risk Business Analyst
8 4 (5.26%) Market Risk Analyst
8 4 (5.26%) Risk Analyst
8 4 (5.26%) Investment Banking Business Analyst
9 3 (3.95%) Technical Architect
9 3 (3.95%) Test Leader
9 3 (3.95%) Lead Business Analyst
10 2 (2.63%) Business Intelligence Architect
10 2 (2.63%) Report Manager
10 2 (2.63%) Credit Risk Analyst
10 2 (2.63%) Business Manager
Libraries, Frameworks & Software Standards
1 3 (3.95%) XBRL
1 3 (3.95%) .NET
2 1 (1.32%) JMS
2 1 (1.32%) HTML
2 1 (1.32%) WPF
2 1 (1.32%) HTML5
2 1 (1.32%) REST
2 1 (1.32%) Akka
2 1 (1.32%) Play Framework
Miscellaneous
1 24 (31.58%) Credit Risk
2 19 (25.00%) Analytical Skills
3 18 (23.68%) Derivative
4 14 (18.42%) Market Risk
5 13 (17.11%) Credit Derivative
6 11 (14.47%) Equities
7 8 (10.53%) Data Structures
8 5 (6.58%) Algorithms
9 2 (2.63%) Reference Data
9 2 (2.63%) Economics
9 2 (2.63%) Foreign Exchange (FX)
9 2 (2.63%) Fixed Income
10 1 (1.32%) Grid Computing
10 1 (1.32%) Management Information System
10 1 (1.32%) Replication
10 1 (1.32%) Hedge funds
Operating Systems
1 5 (6.58%) Windows
1 5 (6.58%) Linux
Processes & Methodologies
1 21 (27.63%) Business Analysis
2 16 (21.05%) Risk Management
3 13 (17.11%) Agile Software Development
3 13 (17.11%) Analytics
4 10 (13.16%) TDD
4 10 (13.16%) Manual Testing
4 10 (13.16%) Project Management
5 9 (11.84%) Stakeholder Management
5 9 (11.84%) Test Strategy
5 9 (11.84%) Risk Analytics
6 8 (10.53%) Root Cause Analysis
6 8 (10.53%) Automated Testing
7 7 (9.21%) Data Analysis
7 7 (9.21%) Data Modelling
7 7 (9.21%) Stress Testing
8 5 (6.58%) Logical Data Model
8 5 (6.58%) Validation
8 5 (6.58%) GAP Analysis
9 4 (5.26%) User Acceptance Testing
9 4 (5.26%) Quality Management
Programming Languages
1 21 (27.63%) SQL
2 5 (6.58%) C#
2 5 (6.58%) C++
3 4 (5.26%) VBA
4 3 (3.95%) Java
5 2 (2.63%) Perl
5 2 (2.63%) Python
6 1 (1.32%) Scala
Qualifications
1 6 (7.89%) Degree
2 1 (1.32%) IIBA
2 1 (1.32%) CBAP
2 1 (1.32%) Postgraduate
2 1 (1.32%) PMP
2 1 (1.32%) PMI Certification
2 1 (1.32%) MBA
Quality Assurance & Compliance
1 10 (13.16%) COREP
2 9 (11.84%) Basel II
3 8 (10.53%) CRD IV
4 6 (7.89%) FINREP
5 5 (6.58%) EMIR
5 5 (6.58%) MiFID
5 5 (6.58%) QA
5 5 (6.58%) Solvency II
6 2 (2.63%) Dodd-Frank
7 1 (1.32%) Sarbanes-Oxley
7 1 (1.32%) Data Quality
7 1 (1.32%) FATCA
System Software
1 1 (1.32%) Apache Flume
Vendors
1 10 (13.16%) Oracle
2 3 (3.95%) Microsoft
3 2 (2.63%) Teradata
3 2 (2.63%) Sybase
3 2 (2.63%) Business Objects
3 2 (2.63%) Cognos
London
Aston Carter
Rate: £400 - £500 per day
Posted: 4 days ago
London
Hydrogen Group
Rate: £0.00 per day
Posted: 4 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 13 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £600 - £800 per day
Posted: 19 days ago
City of London
Interquest - ITQ Financial - London
Rate: £600 per day
Posted: 23 days ago