The first table below looks at the demand 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 11 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the City of London region.

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
11 Jul 2014
Same period 2013 Same period 2012
Capital Requirements Directive IV (CDR 4)
Rank 192 212 217
Rank change year-on-year
+20 +5
Contract jobs citing CRD IV 2 6 8
As % of all contract IT jobs located in the City of London 0.035% 0.085% 0.10%
As % of the Quality Assurance & Compliance category 0.42% 0.97% 1.17%
Number of daily rates quoted 1 5 8
Average daily rate
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of your Daily Rate
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£563 £438 £538
Average daily rate % change year-on-year
+28.57% -18.60%
UK excluding London average daily rate £400 £396 -
% change year-on-year
+1.01% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
481 617 681
As % of all contract IT jobs located in the City of London 8.45% 8.74% 8.87%
Number of daily rates quoted 338 461 470
Average daily rate £486 £475 £475
Average daily rate % change year-on-year
+2.31% -
90% offered a daily rate of more than £300 £318 £300
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £370 £350 £350
% change year-on-year
+5.71% -
Number of hourly rates quoted 6 10 18
Average hourly rate £22.50 £25.00 £19.00
Average hourly rate % change year-on-year
-10.00% +31.57%
90% offered a hourly rate of more than £12.13 £13.97 £13.50
10% offered a hourly rate of more than £42.36 £52.20 £33.35
UK excluding London average hourly rate £20.00 £17.50 £18.00
% change year-on-year
+14.28% -2.77%
CRD IV
London

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 11 July 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 23 (88.46%) Basel III
2 10 (38.46%) SQL
3 8 (30.77%) Finance
3 8 (30.77%) C++
4 7 (26.92%) C#
4 7 (26.92%) COREP
5 6 (23.08%) Python
5 6 (23.08%) Market Risk
5 6 (23.08%) Credit Risk
5 6 (23.08%) Banking
5 6 (23.08%) Business Analysis
5 6 (23.08%) Derivative
6 5 (19.23%) Java
6 5 (19.23%) FINREP
7 4 (15.38%) Fixed Income
8 3 (11.54%) Perl
8 3 (11.54%) VBA
8 3 (11.54%) UNIX
8 3 (11.54%) QA
8 3 (11.54%) User Acceptance Testing
8 3 (11.54%) Investment Banking
8 3 (11.54%) Analytics
8 3 (11.54%) Data Mapping
9 2 (7.69%) F#
9 2 (7.69%) Risk Analytics
9 2 (7.69%) Basel II
9 2 (7.69%) Credit Derivative
9 2 (7.69%) Degree
9 2 (7.69%) MS Excel
9 2 (7.69%) Microsoft

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

For the 6 months to 11 July 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 2 (7.69%) MS Excel
2 1 (3.85%) MS Visio
2 1 (3.85%) MS PowerPoint
2 1 (3.85%) Spreadsheet
Database & Business Intelligence
1 1 (3.85%) SQL Server
Development Applications
1 1 (3.85%) ProC
General
1 8 (30.77%) Finance
2 6 (23.08%) Banking
3 3 (11.54%) Investment Banking
4 2 (7.69%) Front Office
5 1 (3.85%) Marketing
5 1 (3.85%) Retail
Job Titles
1 19 (73.08%) Analyst
2 16 (61.54%) Business Analyst
3 9 (34.62%) Developer
4 5 (19.23%) Analyst Developer
4 5 (19.23%) Credit Risk Analyst
4 5 (19.23%) Credit Risk Business Analyst
5 3 (11.54%) Investment Banking Business Analyst
6 2 (7.69%) Report Analyst
6 2 (7.69%) C++ Developer
6 2 (7.69%) C# Developer
6 2 (7.69%) Business Developer
6 2 (7.69%) Quantitative Analyst
7 1 (3.85%) Risk Analyst
7 1 (3.85%) IT Business Analyst
7 1 (3.85%) Consultant
7 1 (3.85%) Sales Consultant
7 1 (3.85%) C++/C# Developer
7 1 (3.85%) C++ Quantitative Developer
7 1 (3.85%) Team Leader
7 1 (3.85%) SQL Developer
Libraries, Frameworks & Software Standards
1 2 (7.69%) .NET
2 1 (3.85%) XBRL
2 1 (3.85%) LINQ
2 1 (3.85%) Task Parallel Library
Miscellaneous
1 6 (23.08%) Derivative
1 6 (23.08%) Credit Risk
1 6 (23.08%) Market Risk
2 4 (15.38%) Fixed Income
3 2 (7.69%) Equities
3 2 (7.69%) Credit Derivative
4 1 (3.85%) Foreign Exchange (FX)
Operating Systems
1 3 (11.54%) UNIX
Processes & Methodologies
1 6 (23.08%) Business Analysis
2 3 (11.54%) User Acceptance Testing
2 3 (11.54%) Data Mapping
2 3 (11.54%) Analytics
3 2 (7.69%) Risk Analytics
3 2 (7.69%) Scrum
4 1 (3.85%) Risk Assessment
4 1 (3.85%) Agile Software Development
4 1 (3.85%) Systems Analysis
4 1 (3.85%) OO
4 1 (3.85%) BPR
4 1 (3.85%) Risk Management
4 1 (3.85%) Workflow
4 1 (3.85%) Stress Testing
4 1 (3.85%) Multithreading
4 1 (3.85%) Use Case
Programming Languages
1 10 (38.46%) SQL
2 8 (30.77%) C++
3 7 (26.92%) C#
4 6 (23.08%) Python
5 5 (19.23%) Java
6 3 (11.54%) Perl
6 3 (11.54%) VBA
7 2 (7.69%) F#
Qualifications
1 2 (7.69%) Degree
Quality Assurance & Compliance
1 23 (88.46%) Basel III
2 7 (26.92%) COREP
3 5 (19.23%) FINREP
4 3 (11.54%) QA
5 2 (7.69%) Basel II
6 1 (3.85%) Solvency II
Vendors
1 2 (7.69%) Sybase
1 2 (7.69%) Microsoft
City, London
Aston Carter
Rate: £450 - £550 per day
Posted: 6 days ago
City of London
Real Staffing
Rate: £435 per day
Posted: 23 days ago