The table below looks at the statistics for CRD IV skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited CRD IV over the 3 months to 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Capital Requirements Directive IV (CDR 4)
Rank - 213 199
Contract jobs citing CRD IV 0 4 23
As % of all contract IT jobs located in the City of London - 0.055% 0.29%
As % of the Quality Assurance & Compliance category - 0.68% 3.02%
Number of daily rates quoted 0 4 23
Average daily rate
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of your Daily Rate
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- £419 £550
Average daily rate % change year-on-year
- -23.86%
UK excluding London average daily rate £450 £423 -
% change year-on-year
+6.38% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
CRD IV
London

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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
466 585 761
As % of all contract IT jobs located in the City of London 7.90% 8.07% 9.74%
Number of daily rates quoted 335 440 570
Average daily rate £472 £475 £475
Average daily rate % change year-on-year
-0.63% -
90% offered a daily rate of more than £307 £300 £300
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 9 9 19
Average hourly rate £16.00 £20.00 £17.87
Average hourly rate % change year-on-year
-20.00% +11.95%
90% offered a hourly rate of more than £12.56 £13.97 £13.50
10% offered a hourly rate of more than £25.30 £67.50 £50.02
UK excluding London average hourly rate £19.75 £17.50 £21.25
% change year-on-year
+12.85% -17.64%

CRD IV
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing CRD IV across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

CRD IV Jobs Demand Trend in the City of London

CRD IV
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing CRD IV across the City of London region.

CRD IV Daily Rate Trend in the City of London

CRD IV
Top 30 Related IT Skills in the City of London

For the 6 months to 29 August 2014, IT contractor jobs across the City of London region citing CRD IV 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 CRD IV.

1 14 (82.35%) Basel III
2 9 (52.94%) SQL
3 6 (35.29%) Python
3 6 (35.29%) Finance
3 6 (35.29%) Banking
3 6 (35.29%) Derivative
4 5 (29.41%) Business Analysis
4 5 (29.41%) Credit Risk
4 5 (29.41%) C++
5 4 (23.53%) Fixed Income
5 4 (23.53%) COREP
6 3 (17.65%) Analytics
6 3 (17.65%) QA
6 3 (17.65%) User Acceptance Testing
6 3 (17.65%) Data Mapping
6 3 (17.65%) Investment Banking
6 3 (17.65%) UNIX
6 3 (17.65%) C#
6 3 (17.65%) Perl
7 2 (11.76%) Java
7 2 (11.76%) Basel II
7 2 (11.76%) .NET
7 2 (11.76%) Credit Derivative
7 2 (11.76%) Equities
7 2 (11.76%) Scrum
7 2 (11.76%) Front Office
7 2 (11.76%) F#
7 2 (11.76%) Degree
7 2 (11.76%) Risk Analytics
7 2 (11.76%) FINREP

CRD IV
Top Related IT Skills in the City of London by Category

For the 6 months to 29 August 2014, IT contractor jobs across the City of London region citing CRD IV 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 CRD IV. Up to 20 skills are shown per category.

Applications
1 1 (5.88%) MS Visio
1 1 (5.88%) MS PowerPoint
Development Applications
1 1 (5.88%) ProC
General
1 6 (35.29%) Finance
1 6 (35.29%) Banking
2 3 (17.65%) Investment Banking
3 2 (11.76%) Front Office
4 1 (5.88%) Marketing
Job Titles
1 11 (64.71%) Analyst
2 10 (58.82%) Business Analyst
3 5 (29.41%) Developer
3 5 (29.41%) Credit Risk Analyst
3 5 (29.41%) Credit Risk Business Analyst
4 2 (11.76%) Quantitative Analyst
4 2 (11.76%) Investment Banking Business Analyst
4 2 (11.76%) C++ Developer
4 2 (11.76%) C# Developer
5 1 (5.88%) Analyst Developer
5 1 (5.88%) SQL Developer
5 1 (5.88%) Quantitative Developer
5 1 (5.88%) Credit Analyst
5 1 (5.88%) Pre Sales Consultant
5 1 (5.88%) Consultant
5 1 (5.88%) Sales Consultant
5 1 (5.88%) C++/C# Developer
5 1 (5.88%) C++ Quantitative Developer
5 1 (5.88%) Risk Analyst
5 1 (5.88%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 2 (11.76%) .NET
2 1 (5.88%) XBRL
2 1 (5.88%) LINQ
2 1 (5.88%) Task Parallel Library
Miscellaneous
1 6 (35.29%) Derivative
2 5 (29.41%) Credit Risk
3 4 (23.53%) Fixed Income
4 2 (11.76%) Equities
4 2 (11.76%) Credit Derivative
5 1 (5.88%) Market Risk
5 1 (5.88%) Foreign Exchange (FX)
Operating Systems
1 3 (17.65%) UNIX
Processes & Methodologies
1 5 (29.41%) Business Analysis
2 3 (17.65%) User Acceptance Testing
2 3 (17.65%) Data Mapping
2 3 (17.65%) Analytics
3 2 (11.76%) Risk Analytics
3 2 (11.76%) Scrum
4 1 (5.88%) Risk Assessment
4 1 (5.88%) Agile Software Development
4 1 (5.88%) Systems Analysis
4 1 (5.88%) Stress Testing
4 1 (5.88%) Multithreading
4 1 (5.88%) Use Case
4 1 (5.88%) Workflow
Programming Languages
1 9 (52.94%) SQL
2 6 (35.29%) Python
3 5 (29.41%) C++
4 3 (17.65%) C#
4 3 (17.65%) Perl
5 2 (11.76%) Java
5 2 (11.76%) F#
Qualifications
1 2 (11.76%) Degree
Quality Assurance & Compliance
1 14 (82.35%) Basel III
2 4 (23.53%) COREP
3 3 (17.65%) QA
4 2 (11.76%) Basel II
4 2 (11.76%) FINREP
5 1 (5.88%) Solvency II