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 4 May 2016 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
4 May 2016
Same period 2015 Same period 2014
Basel II
Rank 635 609 588
Rank change year-on-year
-26 -21
Contract jobs citing Basel II 12 27 33
As % of all contract IT jobs located in the UK 0.022% 0.048% 0.061%
As % of the Quality Assurance & Compliance category 0.24% 0.53% 0.66%
Number of daily rates quoted 9 20 27
Median daily rate £675 £500 £451
Median daily rate % change year-on-year
+35.00% +10.98%
UK excluding London median daily rate £500 £500 £451
% change year-on-year
- +10.98%
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
4983 5079 5017
As % of all contract IT jobs located in the UK 8.96% 9.09% 9.20%
Number of daily rates quoted 3166 3113 3037
Median daily rate £425 £405 £403
Median daily rate % change year-on-year
+4.93% +0.62%
90% offered a daily rate of more than £260 £260 £246
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £387 £368
% change year-on-year
+3.35% +5.30%
Number of hourly rates quoted 186 166 224
Median hourly rate £22.50 £25.50 £21.00
Median hourly rate % change year-on-year
-11.76% +21.42%
90% offered a hourly rate of more than £12.47 £12.00 £11.00
10% offered a hourly rate of more than £52.50 £47.50 £44.75
UK excluding London median hourly rate £25.50 £29.00 £21.00
% change year-on-year
-12.06% +38.09%

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 4 May 2016.

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 8 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 4 May 2016. 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
(Click see detailed
statistics and trends)
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 -36 12 £675 +35.00% 4
London -15 10 £675 +35.00% 3
City of London +37 1 £475 +18.75% 1
Swindon -2 1 £500 -
Yorkshire -2 1 - -
South West -6 1 £500 -
Wiltshire -7 1 £500 -
South Yorkshire - 1 - -

Basel II
Top 30 Related IT Skills

For the 6 months to 4 May 2016, 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 40 (90.91%) Finance
2 21 (47.73%) Credit Risk
3 20 (45.45%) Banking
4 17 (38.64%) SQL
5 14 (31.82%) Analytical Skills
6 12 (27.27%) Degree
7 10 (22.73%) Business Analysis
7 10 (22.73%) CRD IV
7 10 (22.73%) Microsoft
8 9 (20.45%) Validation
9 8 (18.18%) SAS
9 8 (18.18%) MS Office
9 8 (18.18%) Data Warehouse
9 8 (18.18%) SDLC
10 7 (15.91%) Software Delivery
10 7 (15.91%) COREP
10 7 (15.91%) FATCA
10 7 (15.91%) MiFID
10 7 (15.91%) QA
10 7 (15.91%) Basel III
10 7 (15.91%) Data Modelling
10 7 (15.91%) Business Intelligence
10 7 (15.91%) Project Management
10 7 (15.91%) Quality Management
10 7 (15.91%) Management Information System
10 7 (15.91%) Data Analysis
11 6 (13.64%) IAS 39
11 6 (13.64%) MS Excel
11 6 (13.64%) Stress Testing
11 6 (13.64%) Data Quality

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 8 (18.18%) SAS
Applications
1 8 (18.18%) MS Office
2 6 (13.64%) MS Excel
3 5 (11.36%) MS Visio
4 1 (2.27%) MS PowerPoint
Database & Business Intelligence
1 8 (18.18%) Data Warehouse
2 5 (11.36%) MS Access
3 3 (6.82%) Data Mining
3 3 (6.82%) SQL Server Analysis Services
3 3 (6.82%) SQL Server Integration Services
3 3 (6.82%) SQL Server Reporting Services
4 1 (2.27%) BusinessObjects
4 1 (2.27%) BusinessObjects Web Intelligence
4 1 (2.27%) BusinessObjects XI
4 1 (2.27%) DB2
4 1 (2.27%) Relational Database
4 1 (2.27%) SQL Server
General
1 40 (90.91%) Finance
2 20 (45.45%) Banking
3 5 (11.36%) Front Office
4 4 (9.09%) Retail
5 3 (6.82%) Investment Banking
6 2 (4.55%) Legal
Job Titles
1 29 (65.91%) Analyst
2 22 (50.00%) Business Analyst
3 9 (20.45%) Report Analyst
4 7 (15.91%) Business IT Analyst
4 7 (15.91%) IT Analyst
4 7 (15.91%) IT Business Analyst
4 7 (15.91%) MiFID Business Analyst
4 7 (15.91%) Treasury Business Analyst
5 6 (13.64%) Regulatory Business Analyst
5 6 (13.64%) Regulatory Reporting Business Analyst
5 6 (13.64%) Risk Analyst
5 6 (13.64%) Risk Business Analyst
6 5 (11.36%) Data Analyst
6 5 (11.36%) Financial Analyst
7 4 (9.09%) Architect
7 4 (9.09%) Business Intelligence Developer
7 4 (9.09%) Developer
8 3 (6.82%) Process Analyst
8 3 (6.82%) Senior Analyst
8 3 (6.82%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.27%) .NET
1 1 (2.27%) ASP.NET
Miscellaneous
1 21 (47.73%) Credit Risk
2 14 (31.82%) Analytical Skills
3 7 (15.91%) Management Information System
4 4 (9.09%) Market Risk
5 1 (2.27%) Data Integration
5 1 (2.27%) Data Protection Act
Operating Systems
1 1 (2.27%) Unix
Processes & Methodologies
1 10 (22.73%) Business Analysis
2 9 (20.45%) Validation
3 8 (18.18%) SDLC
4 7 (15.91%) Business Intelligence
4 7 (15.91%) Data Analysis
4 7 (15.91%) Data Modelling
4 7 (15.91%) Project Management
4 7 (15.91%) Quality Management
4 7 (15.91%) Software Delivery
5 6 (13.64%) Stress Testing
6 5 (11.36%) Data Validation
6 5 (11.36%) Disaster Recovery
6 5 (11.36%) Migration
6 5 (11.36%) Risk Management
6 5 (11.36%) Security Testing
6 5 (11.36%) Test Scripting
6 5 (11.36%) Translating Business Requirements
7 4 (9.09%) BPR
7 4 (9.09%) GAP Analysis
7 4 (9.09%) Stakeholder Management
Programming Languages
1 17 (38.64%) SQL
2 1 (2.27%) C#
2 1 (2.27%) PL/SQL
2 1 (2.27%) Shell Script
2 1 (2.27%) VB.NET
Qualifications
1 12 (27.27%) Degree
Quality Assurance & Compliance
1 10 (22.73%) CRD IV
2 7 (15.91%) Basel III
2 7 (15.91%) COREP
2 7 (15.91%) FATCA
2 7 (15.91%) MiFID
2 7 (15.91%) QA
3 6 (13.64%) Data Quality
3 6 (13.64%) IAS 39
4 4 (9.09%) Solvency II
5 2 (4.55%) FINREP
5 2 (4.55%) Sarbanes-Oxley
Vendors
1 10 (22.73%) Microsoft
2 2 (4.55%) Oracle
3 1 (2.27%) Teradata