England Basel II Contracts

This section looks at the demand for Basel Capital Accord (Basel II) skills within the England region with a comparison to our Quality Assurance & Compliance category. Included is a guide to the contractor rates offered in IT job ads that have cited Basel II over the 3 months to 4 July 2008 with a comparison to the same period last year.

Basel Capital Accord (Basel II)
Location Basingstoke Berkshire Bournemouth Bracknell Buckinghamshire Camberley Canary Wharf Cheshire City of London Docklands, London Dorset East Midlands Edinburgh England Halifax Hampshire Leicestershire London Maidenhead Midlands Milton Keynes North West Reading Scotland South East South West Surrey UK West Yorkshire Wiltshire Wokingham Yorkshire	3 months to 4 Jul 2008	Same period last year
Rank	380	289
Rank change on same period last year	-91
Matching contract IT job ads	194	433
As % of all UK contract IT job ads sampled	0.256 %	0.459 %
As % of the category below	6.860 %	10.43 %
Daily rates quoted	107	249
Average minimum daily rate	£457	£436
Average daily rate	£488	£463
% change on same period last year	+5.26 %
Average maximum daily rate	£519	£491
UK excluding London average daily rate	£418	£459
% change on same period last year	-9.00 %
Hourly rates quoted	2	1
Average minimum hourly rate	£20.00	£30.00
Average hourly rate	£22.50	£37.50
% change on same period last year	-40.00 %
Average maximum hourly rate	£25.00	£45.00
UK excluding London average hourly rate	-	-
% change on same period last year	-
Quality Assurance & Compliance England
Matching contract IT job ads	2828	4151
As % of all UK contract IT job ads sampled	3.729 %	4.403 %
Daily rates quoted	964	1469
Average minimum daily rate	£377	£396
Average daily rate	£405	£422
% change on same period last year	-4.23 %
Average maximum daily rate	£432	£449
UK excluding London average daily rate	£373	£376
% change on same period last year	-0.88 %
Hourly rates quoted	288	424
Average minimum hourly rate	£22.81	£23.87
Average hourly rate	£24.44	£25.46
% change on same period last year	-3.98 %
Average maximum hourly rate	£26.08	£27.05
UK excluding London average hourly rate	£23.52	£24.90
% change on same period last year	-5.54 %
Basel II UK

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Basel II
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Basel II across the England region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II across the England region.

Basel II
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II across the England region over the 3 months to 4 July 2008.

Basel II
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the England region.

Basel II
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Basel II across the England region over the 3 months to 4 July 2008.

Basel II
Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT job ads citing Basel II within the England region over the 3 months to 4 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

Location	Rank Change on Same Period Last Last	Matching Contract IT Job Ads	Average Daily Rate Last 3 Months	Average Daily Rate % Change on Same Period Last Year
London	-56	129	£526	+13.27 %
South East	+64	51	£432	-12.26 %
Yorkshire	+10	6	£450	+8.00 %
South West	+22	2	£400	-11.60 %
North West	-14	1	-	-
East Midlands	-7	1	-	-
Midlands	-42	1	-	-

Basel II UK

Basel II
Top 30 Related IT Skills

For the 6 months to 4 July 2008, IT contractor jobs across the England region citing Basel II 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 II.

1 293 (59.43 %) Finance 2 265 (53.75 %) Banking 3 175 (35.50 %) Credit Risk 4 121 (24.54 %) Investment Banking 5 89 (18.05 %) SQL 6 70 (14.20 %) Business Analysis 7 53 (10.75 %) Retail 8 50 (10.14 %) Project Management 9 46 (9.331 %) Risk Management 10 45 (9.128 %) SAS 11 41 (8.316 %) Datawarehouse 12 37 (7.505 %) Financial Institution 13 36 (7.302 %) Sarbanes-Oxley 14 35 (7.099 %) PRINCE2 15 32 (6.491 %) Retail Banking

15 32 (6.491 %) Derivative 16 31 (6.288 %) Oracle 17 29 (5.882 %) Market Risk 18 27 (5.477 %) Change Management 19 24 (4.868 %) User Acceptance Testing 20 23 (4.665 %) Data Modelling 21 22 (4.462 %) TestDirector 22 20 (4.057 %) Stakeholder Management 22 20 (4.057 %) Data Analysis 23 18 (3.651 %) Front Office 23 18 (3.651 %) BusinessObjects 23 18 (3.651 %) Business Objects 23 18 (3.651 %) Degree 24 17 (3.448 %) GAP Analysis 25 14 (2.840 %) MS Project

Basel II
Top Related IT Skills by Category

For the 6 months to 4 July 2008, IT contractor jobs across the England region citing Basel II 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 II. Up to 20 skills are shown per category.

Application Development 1 8 (1.623 %) HTML 2 4 (0.811 %) .NET 2 4 (0.811 %) XML 3 2 (0.406 %) XSLT 3 2 (0.406 %) SOAP 3 2 (0.406 %) Middleware 3 2 (0.406 %) Mason 4 1 (0.203 %) Spring 4 1 (0.203 %) Apache Axis 4 1 (0.203 %) STL 4 1 (0.203 %) Struts 4 1 (0.203 %) WebServices 4 1 (0.203 %) Swing 4 1 (0.203 %) JSP	Application Platforms 1 45 (9.128 %) SAS 2 1 (0.203 %) ColdFusion 2 1 (0.203 %) OpenROAD 2 1 (0.203 %) JBoss 2 1 (0.203 %) Apache 2 1 (0.203 %) Tomcat
Applications 1 14 (2.840 %) MS Excel 1 14 (2.840 %) MS Project 2 12 (2.434 %) MS Visio 3 10 (2.028 %) MS PowerPoint 4 7 (1.420 %) MS Office 5 1 (0.203 %) CA Clarity	Business Applications 1 7 (1.420 %) SAP Bank Analyzer 2 2 (0.406 %) SAP HR 2 2 (0.406 %) Global One 3 1 (0.203 %) Adaptiv
Communications & Networking 1 4 (0.811 %) Intranet	Database & Business Intelligence 1 41 (8.316 %) Datawarehouse 2 18 (3.651 %) BusinessObjects 3 10 (2.028 %) RDBMS 3 10 (2.028 %) OLAP 3 10 (2.028 %) MS Access 4 8 (1.623 %) SQL Server 5 6 (1.217 %) TOAD 6 5 (1.014 %) Oracle 10g 6 5 (1.014 %) SQL Server 2005 6 5 (1.014 %) SAS Enterprise Guide 7 4 (0.811 %) Base SAS 7 4 (0.811 %) Crystal Reports 8 3 (0.609 %) SQL Server 2000 8 3 (0.609 %) Reference Data 9 2 (0.406 %) PowerCenter 9 2 (0.406 %) SQL Server 7 10 1 (0.203 %) Oracle Discoverer 10 1 (0.203 %) DB2 10 1 (0.203 %) Oracle Reports 10 1 (0.203 %) Oracle 9i
Development Applications 1 22 (4.462 %) TestDirector 2 5 (1.014 %) QuickTest Pro 2 5 (1.014 %) ProC 3 4 (0.811 %) WinRunner 4 3 (0.609 %) Oracle APEX 4 3 (0.609 %) ERwin 4 3 (0.609 %) Ant 5 2 (0.406 %) PVCS	General 1 293 (59.43 %) Finance 2 265 (53.75 %) Banking 3 121 (24.54 %) Investment Banking 4 53 (10.75 %) Retail 5 37 (7.505 %) Financial Institution 6 32 (6.491 %) Retail Banking 7 18 (3.651 %) Front Office 8 12 (2.434 %) Wholesale Banking 9 11 (2.231 %) Back Office 10 5 (1.014 %) Insurance 11 4 (0.811 %) Legal 12 3 (0.609 %) Corporate Banking 13 2 (0.406 %) International Banking 13 2 (0.406 %) Auditing 14 1 (0.203 %) Pensions 14 1 (0.203 %) General Ledger
Job Titles 1 291 (59.03 %) Analyst 2 209 (42.39 %) Business Analyst 3 66 (13.39 %) Project Manager 4 54 (10.95 %) Credit Risk Analyst 5 38 (7.708 %) Risk Analyst 6 37 (7.505 %) Banking Business Analyst 7 34 (6.897 %) Investment Banking Business Analyst 8 32 (6.491 %) Credit Risk Business Analyst 8 32 (6.491 %) Developer 8 32 (6.491 %) Test Analyst 9 26 (5.274 %) Credit Analyst 10 25 (5.071 %) Test Manager 11 22 (4.462 %) Consultant 12 21 (4.260 %) Senior Analyst 13 15 (3.043 %) Senior Business Analyst 13 15 (3.043 %) Data Analyst 14 10 (2.028 %) Change Manager 14 10 (2.028 %) Risk Manager 15 9 (1.826 %) SAS Analyst 15 9 (1.826 %) Programmer	Miscellaneous 1 175 (35.50 %) Credit Risk 2 32 (6.491 %) Derivative 3 29 (5.882 %) Market Risk 4 11 (2.231 %) Fixed Income 5 9 (1.826 %) Credit Derivative 6 6 (1.217 %) Mathematics 7 5 (1.014 %) Asset Management 8 4 (0.811 %) Computer Science 8 4 (0.811 %) Statistics 8 4 (0.811 %) Interest Rate Derivative 8 4 (0.811 %) Foreign Exchange (FX) 9 3 (0.609 %) Grid Computing 9 3 (0.609 %) Equity Derivative 10 2 (0.406 %) Equities 11 1 (0.203 %) PMI 11 1 (0.203 %) Exotic Derivative 11 1 (0.203 %) Data Protection Act 11 1 (0.203 %) German Language
Operating Systems 1 13 (2.637 %) Unix 2 3 (0.609 %) Solaris 3 1 (0.203 %) Linux 3 1 (0.203 %) Windows 3 1 (0.203 %) AIX	Processes & Methodologies 1 70 (14.20 %) Business Analysis 2 50 (10.14 %) Project Management 3 46 (9.331 %) Risk Management 4 35 (7.099 %) PRINCE2 5 27 (5.477 %) Change Management 6 24 (4.868 %) User Acceptance Testing 7 23 (4.665 %) Data Modelling 8 20 (4.057 %) Stakeholder Management 8 20 (4.057 %) Data Analysis 9 17 (3.448 %) GAP Analysis 10 14 (2.840 %) Migration 10 14 (2.840 %) Test Scripting 11 10 (2.028 %) PRINCE 12 8 (1.623 %) Business Intelligence 12 8 (1.623 %) Regression Testing 13 7 (1.420 %) BPR 13 7 (1.420 %) Validation 14 6 (1.217 %) Service Management 14 6 (1.217 %) UML 14 6 (1.217 %) Stress Testing
Programming Languages 1 89 (18.05 %) SQL 2 14 (2.840 %) PL/SQL 3 13 (2.637 %) Java 4 7 (1.420 %) C++ 4 7 (1.420 %) VBA 5 6 (1.217 %) C# 6 5 (1.014 %) Transact-SQL 7 3 (0.609 %) Python 7 3 (0.609 %) Ruby 8 2 (0.406 %) SAS Macro 9 1 (0.203 %) Shell Script 9 1 (0.203 %) C 9 1 (0.203 %) Perl	Qualifications 1 18 (3.651 %) Degree 2 10 (2.028 %) CIMA 3 9 (1.826 %) ACCA 4 2 (0.406 %) ISEB 4 2 (0.406 %) PRINCE2 Certification 5 1 (0.203 %) Citrix Certification 5 1 (0.203 %) CISSP 5 1 (0.203 %) MBA 5 1 (0.203 %) CISA 5 1 (0.203 %) CISM 5 1 (0.203 %) QiCA
Quality Assurance & Compliance 1 36 (7.302 %) Sarbanes-Oxley 2 14 (2.840 %) MiFID 3 3 (0.609 %) SLA 3 3 (0.609 %) COBIT 4 2 (0.406 %) QA 5 1 (0.203 %) PCI DSS 5 1 (0.203 %) BS7799 5 1 (0.203 %) GAAP 5 1 (0.203 %) BS15000 5 1 (0.203 %) ISO27001	Systems Management 1 1 (0.203 %) AutoSys
Vendors 1 31 (6.288 %) Oracle 2 18 (3.651 %) Business Objects 3 10 (2.028 %) SAP 4 8 (1.623 %) Microsoft 5 6 (1.217 %) Murex 5 6 (1.217 %) Calypso 6 5 (1.014 %) Sybase 6 5 (1.014 %) IBM 7 4 (0.811 %) Reuters 7 4 (0.811 %) Teradata 8 2 (0.406 %) Informatica 8 2 (0.406 %) Cognos 9 1 (0.203 %) Progress 9 1 (0.203 %) SunGard 9 1 (0.203 %) Algorithmics 9 1 (0.203 %) TOWER Software 9 1 (0.203 %) Ab Initio