The table below looks at the statistics for CRD IV 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 CRD IV over the 3 months to 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Capital Requirements Directive IV (CDR 4)
Rank 418 421 363
Rank change year-on-year
+3 -58
Contract jobs citing CRD IV 2 13 43
As % of all contract IT jobs located in London 0.008% 0.052% 0.17%
As % of the Quality Assurance & Compliance category 0.10% 0.62% 2.03%
Number of daily rates quoted 2 9 43
Average daily rate
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£325 £550 £550
Average daily rate % change year-on-year
-40.90% -
90% offered a daily rate of more than £305 £378 £450
10% offered a daily rate of more than £345 £669 £670
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
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
1921 2103 2120
As % of all contract IT jobs located in London 7.84% 8.37% 8.21%
Number of daily rates quoted 1324 1460 1465
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £288 £290
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £375 £354 £363
% change year-on-year
+6.00% -2.41%
Number of hourly rates quoted 31 23 50
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £137.50 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

CRD IV
Jobs Demand Trend in London

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

CRD IV Jobs Demand Trend in London

CRD IV
Daily Rate Trend in London

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

CRD IV Daily Rate Trend in London

CRD IV
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 CRD IV within the London region over the 3 months to 19 September 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 - - - - 1
CRD IV
England

CRD IV
Top 30 Related IT Skills in London

For the 6 months to 19 September 2014, IT contractor jobs across the 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 12 (60.00%) Basel III
2 11 (55.00%) Finance
2 11 (55.00%) SQL
3 8 (40.00%) COREP
4 7 (35.00%) Derivative
5 6 (30.00%) Business Analysis
5 6 (30.00%) Credit Risk
6 5 (25.00%) Python
6 5 (25.00%) FINREP
6 5 (25.00%) Analytics
7 4 (20.00%) Equities
7 4 (20.00%) Banking
7 4 (20.00%) Risk Analytics
8 3 (15.00%) Data Mapping
8 3 (15.00%) QA
8 3 (15.00%) User Acceptance Testing
8 3 (15.00%) Data Analysis
8 3 (15.00%) Investment Banking
8 3 (15.00%) UNIX
8 3 (15.00%) Fixed Income
8 3 (15.00%) Financial Institution
8 3 (15.00%) C++
8 3 (15.00%) Perl
9 2 (10.00%) C#
9 2 (10.00%) Java
9 2 (10.00%) Hyperion
9 2 (10.00%) Foreign Exchange (FX)
9 2 (10.00%) Basel II
9 2 (10.00%) Management Information System
9 2 (10.00%) Front Office

CRD IV
Top Related IT Skills in London by Category

For the 6 months to 19 September 2014, IT contractor jobs across the 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 (5.00%) MS PowerPoint
1 1 (5.00%) MS Excel
1 1 (5.00%) MS Visio
1 1 (5.00%) MS Office
Database & Business Intelligence
1 1 (5.00%) MS Access
General
1 11 (55.00%) Finance
2 4 (20.00%) Banking
3 3 (15.00%) Investment Banking
3 3 (15.00%) Financial Institution
4 2 (10.00%) Front Office
4 2 (10.00%) Legal
5 1 (5.00%) Marketing
Job Titles
1 14 (70.00%) Analyst
2 12 (60.00%) Business Analyst
3 5 (25.00%) Credit Risk Analyst
3 5 (25.00%) Credit Risk Business Analyst
4 3 (15.00%) Developer
5 2 (10.00%) Project Manager
5 2 (10.00%) Data Analyst
5 2 (10.00%) C# Developer
5 2 (10.00%) Quantitative Analyst
6 1 (5.00%) Investment Banking Business Analyst
6 1 (5.00%) IT Business Analyst
6 1 (5.00%) Risk Analyst
6 1 (5.00%) Credit Analyst
6 1 (5.00%) Pre Sales Consultant
6 1 (5.00%) Consultant
6 1 (5.00%) Sales Consultant
Libraries, Frameworks & Software Standards
1 2 (10.00%) LINQ
2 1 (5.00%) Task Parallel Library
2 1 (5.00%) WPF
2 1 (5.00%) XBRL
2 1 (5.00%) .NET
Miscellaneous
1 7 (35.00%) Derivative
2 6 (30.00%) Credit Risk
3 4 (20.00%) Equities
4 3 (15.00%) Fixed Income
5 2 (10.00%) Foreign Exchange (FX)
5 2 (10.00%) Management Information System
6 1 (5.00%) Reference Data
6 1 (5.00%) Market Risk
6 1 (5.00%) Credit Derivative
6 1 (5.00%) Analytical Skills
Operating Systems
1 3 (15.00%) UNIX
Processes & Methodologies
1 6 (30.00%) Business Analysis
2 5 (25.00%) Analytics
3 4 (20.00%) Risk Analytics
4 3 (15.00%) Data Mapping
4 3 (15.00%) User Acceptance Testing
4 3 (15.00%) Data Analysis
5 2 (10.00%) Risk Management
5 2 (10.00%) Scrum
5 2 (10.00%) Stakeholder Engagement
5 2 (10.00%) Data Analytics
6 1 (5.00%) Stress Testing
6 1 (5.00%) Multithreading
6 1 (5.00%) Use Case
6 1 (5.00%) Systems Analysis
6 1 (5.00%) Agile Software Development
6 1 (5.00%) Workflow
Programming Languages
1 11 (55.00%) SQL
2 5 (25.00%) Python
3 3 (15.00%) C++
3 3 (15.00%) Perl
4 2 (10.00%) C#
4 2 (10.00%) Java
5 1 (5.00%) F#
5 1 (5.00%) VBA
Qualifications
1 2 (10.00%) Degree
Quality Assurance & Compliance
1 12 (60.00%) Basel III
2 8 (40.00%) COREP
3 5 (25.00%) FINREP
4 3 (15.00%) QA
5 2 (10.00%) Basel II
6 1 (5.00%) Solvency II
Vendors
1 2 (10.00%) Hyperion
2 1 (5.00%) Microsoft
2 1 (5.00%) Sybase