The table below looks at the statistics for Basel II skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Basel II over the 3 months to 21 January 2017 with a comparison to the same period over 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.

3 months to
21 Jan 2017
Same period 2016 Same period 2015
Basel II
UK
Rank 574 601 582
Rank change year-on-year
+27 -19
Contract jobs citing Basel II 8 26 25
As % of all contract IT jobs located in the UK 0.018% 0.051% 0.049%
As % of the Quality Assurance & Compliance category 0.19% 0.50% 0.53%
Number of daily rates quoted 7 11 22
Median daily rate £450 £475 £581
Median daily rate % change year-on-year
-5.26% -18.27%
90% offered a daily rate of more than £308 £425 £500
10% offered a daily rate of more than £535 £550 £835
UK excluding London median daily rate £431 £475 £500
% change year-on-year
-9.21% -5.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4285 5191 4752
As % of all contract IT jobs located in the UK 9.73% 10.22% 9.35%
Number of daily rates quoted 2785 3191 2925
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £265 £220
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 138 202 183
Median hourly rate £25.00 £42.00 £22.00
Median hourly rate % change year-on-year
-40.47% +90.90%
90% offered a hourly rate of more than £11.00 £14.00 £11.00
10% offered a hourly rate of more than £48.95 £60.98 £47.50
UK excluding London median hourly rate £22.75 £42.00 £24.00
% change year-on-year
-45.83% +75.00%

Basel II
Jobs Demand Trend

The demand trend of contract jobs citing Basel II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in the UK

Basel II
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Basel II within the UK.

Basel II Daily Rate Trend in the UK

Basel II
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel II within the UK over the 3 months to 21 January 2017.

Basel II Daily Rate Histogram in the UK

Basel II
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II within the UK.

Basel II Hourly Rate Trend in the UK

Basel II
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel II within the UK over the 3 months to 21 January 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +3 6 £463 -5.12% 2
Scotland +29 2 £170 -60.00%
South West +9 2 £475 -
Gloucestershire +8 2 £475 +2.70%
West Midlands - 2 £431 -
Gloucester - 2 £475 -
Glasgow - 2 £170 -
Yorkshire +17 1 £400 -17.94% 2
London -3 1 £625 +42.85%
Leeds - 1 £400 -
West Yorkshire - 1 £400 - 1
Warwickshire - 1 £450 -
Birmingham - 1 £413 -
Atherstone - 1 £450 -

Basel II
Top 30 Related IT Skills

For the 6 months to 21 January 2017, IT contractor jobs citing Basel II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Basel II.

1 14 (87.50%) Finance
2 13 (81.25%) Banking
3 10 (62.50%) Data Warehouse
4 8 (50.00%) SQL
5 7 (43.75%) Oracle
6 6 (37.50%) Business Intelligence
6 6 (37.50%) Data Modelling
6 6 (37.50%) Sarbanes-Oxley
6 6 (37.50%) Risk Management
7 5 (31.25%) PL/SQL
7 5 (31.25%) Unix
8 4 (25.00%) SDLC
8 4 (25.00%) Data Protection
8 4 (25.00%) SAS
9 3 (18.75%) BusinessObjects
9 3 (18.75%) Migration
9 3 (18.75%) Stakeholder Management
9 3 (18.75%) Teradata
9 3 (18.75%) Basel III
9 3 (18.75%) Relational Database
9 3 (18.75%) Retail
9 3 (18.75%) Data Analysis
9 3 (18.75%) Business Analysis
9 3 (18.75%) Data Protection Act
10 2 (12.50%) Resource Management
10 2 (12.50%) Business Development
10 2 (12.50%) Degree
10 2 (12.50%) Use Case
10 2 (12.50%) Market Risk
10 2 (12.50%) Data Mart

Basel II
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (25.00%) SAS
Applications
1 1 (6.25%) MS Excel
Communications & Networking
1 2 (12.50%) Network Security
Database & Business Intelligence
1 10 (62.50%) Data Warehouse
2 3 (18.75%) BusinessObjects
2 3 (18.75%) Relational Database
3 2 (12.50%) Data Mart
3 2 (12.50%) DB2
3 2 (12.50%) Informix
3 2 (12.50%) RDBMS
4 1 (6.25%) BusinessObjects Web Intelligence
4 1 (6.25%) BusinessObjects XI
4 1 (6.25%) MS Access
4 1 (6.25%) SQL Server
Development Applications
1 1 (6.25%) Subversion
1 1 (6.25%) VSS/SourceSafe
General
1 14 (87.50%) Finance
2 13 (81.25%) Banking
3 3 (18.75%) Retail
4 2 (12.50%) Telecoms
5 1 (6.25%) Back Office
5 1 (6.25%) Electronics
5 1 (6.25%) Investment Banking
Job Titles
1 8 (50.00%) Analyst
2 6 (37.50%) Business Analyst
3 5 (31.25%) Risk Analyst
3 5 (31.25%) Risk Business Analyst
4 3 (18.75%) Data Analyst
5 2 (12.50%) Architect
5 2 (12.50%) Basel II Business Analyst
5 2 (12.50%) Business Intelligence Consultant
5 2 (12.50%) Business Intelligence Developer
5 2 (12.50%) Consultant
5 2 (12.50%) Data Business Analyst
5 2 (12.50%) Developer
5 2 (12.50%) Oracle BI Consultant
5 2 (12.50%) Oracle Consultant
5 2 (12.50%) Process Analyst
5 2 (12.50%) Senior Analyst
5 2 (12.50%) Senior Business Analyst
5 2 (12.50%) Senior Risk Analyst
5 2 (12.50%) Technical Architect
5 2 (12.50%) Teradata Architect
Libraries, Frameworks & Software Standards
1 2 (12.50%) XML
2 1 (6.25%) .NET
2 1 (6.25%) ASP.NET
Miscellaneous
1 3 (18.75%) Data Protection Act
2 2 (12.50%) Analytical Skills
2 2 (12.50%) Client/Server
2 2 (12.50%) Derivative
2 2 (12.50%) Fixed Income
2 2 (12.50%) Foreign Exchange (FX)
2 2 (12.50%) Mainframe
2 2 (12.50%) Market Risk
3 1 (6.25%) Computer Science
3 1 (6.25%) Credit Risk
3 1 (6.25%) Economics
3 1 (6.25%) Equities
3 1 (6.25%) Reference Data
Operating Systems
1 5 (31.25%) Unix
Processes & Methodologies
1 6 (37.50%) Business Intelligence
1 6 (37.50%) Data Modelling
1 6 (37.50%) Risk Management
2 4 (25.00%) Data Protection
2 4 (25.00%) SDLC
3 3 (18.75%) Business Analysis
3 3 (18.75%) Data Analysis
3 3 (18.75%) Migration
3 3 (18.75%) Stakeholder Management
4 2 (12.50%) Analytics
4 2 (12.50%) Business Development
4 2 (12.50%) CRM
4 2 (12.50%) Data Transformation
4 2 (12.50%) E-business
4 2 (12.50%) Knowledge Management
4 2 (12.50%) Project Management
4 2 (12.50%) Resource Management
4 2 (12.50%) Strategic Planning
4 2 (12.50%) Technical Analysis
4 2 (12.50%) Use Case
Programming Languages
1 8 (50.00%) SQL
2 5 (31.25%) PL/SQL
3 1 (6.25%) MATLAB
3 1 (6.25%) R
3 1 (6.25%) Shell Script
3 1 (6.25%) VB.NET
3 1 (6.25%) VBA
Qualifications
1 2 (12.50%) Degree
2 1 (6.25%) CFA
2 1 (6.25%) ISEB
2 1 (6.25%) ISTQB
2 1 (6.25%) MBA
Quality Assurance & Compliance
1 6 (37.50%) Sarbanes-Oxley
2 3 (18.75%) Basel III
3 2 (12.50%) Dodd-Frank
4 1 (6.25%) FATCA
4 1 (6.25%) ISO 9000
4 1 (6.25%) Solvency II
Vendors
1 7 (43.75%) Oracle
2 3 (18.75%) Teradata
3 2 (12.50%) Cognos
3 2 (12.50%) IBM
3 2 (12.50%) Informatica
3 2 (12.50%) Murex
3 2 (12.50%) Netezza
3 2 (12.50%) SAP