The table below looks at the statistics for Basel III skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel III over the 3 months to 3 July 2015 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
3 Jul 2015
Same period 2014 Same period 2013
Basel III
Rank 573 531 466
Rank change year-on-year
-42 -65
Contract jobs citing Basel III 40 61 91
As % of all contract IT jobs located in the UK 0.072% 0.12% 0.18%
As % of the Quality Assurance & Compliance category 0.91% 1.45% 2.48%
Number of daily rates quoted 33 48 62
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £513 £550
Average daily rate % change year-on-year
+17.07% -6.81%
90% offered a daily rate of more than £500 £400 £425
10% offered a daily rate of more than £635 £600 £600
UK excluding London average daily rate £483 £451 £433
% change year-on-year
+7.10% +4.16%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
4377 4197 3673
As % of all contract IT jobs located in the UK 7.84% 7.93% 7.46%
Number of daily rates quoted 2779 2599 2235
Average daily rate £419 £400 £425
Average daily rate % change year-on-year
+4.75% -5.88%
90% offered a daily rate of more than £250 £240 £275
10% offered a daily rate of more than £600 £565 £600
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 163 184 135
Average hourly rate £21.32 £20.21 £19.00
Average hourly rate % change year-on-year
+5.53% +6.34%
90% offered a hourly rate of more than £12.50 £12.50 £9.75
10% offered a hourly rate of more than £51.17 £42.50 £42.65
UK excluding London average hourly rate £21.15 £20.50 £18.50
% change year-on-year
+3.14% +10.81%

Basel III
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Basel III within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel III Jobs Demand Trend in the UK

Basel III
Daily Rate Trend

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

Basel III Daily Rate Trend in the UK

Basel III
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Basel III within the UK over the 3 months to 3 July 2015.

Basel III Daily Rate Histogram in the UK

Basel III
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Basel III within the UK over the 3 months to 3 July 2015. 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
England -50 40 £600 +15.38% 10
London -20 36 £600 +9.09% 10
City of London -3 19 £600 +9.09% 5
Swindon -3 4 £483 -3.50%
Wiltshire -6 4 £483 -3.50%
South West -13 4 £483 -3.50%
Docklands, London -3 2 £624 +13.40%

Basel III
Top 30 Related IT Skills

For the 6 months to 3 July 2015, IT contractor jobs within the UK citing Basel III 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 III.

1 63 (85.14%) Banking
2 46 (62.16%) Finance
3 28 (37.84%) Credit Risk
4 20 (27.03%) Basel II
5 16 (21.62%) Data Modelling
5 16 (21.62%) Stress Testing
5 16 (21.62%) Investment Banking
5 16 (21.62%) Analytics
6 15 (20.27%) Solvency II
6 15 (20.27%) Stakeholder Management
7 14 (18.92%) MS Visio
7 14 (18.92%) Requirements Analysis
8 13 (17.57%) BPMN
8 13 (17.57%) BPR
8 13 (17.57%) SQL
8 13 (17.57%) UML
8 13 (17.57%) SSADM
8 13 (17.57%) DSDM
8 13 (17.57%) GAP Analysis
8 13 (17.57%) Business Transformation
9 12 (16.22%) Agile Software Development
10 11 (14.86%) Business Analysis
10 11 (14.86%) Dodd-Frank
11 10 (13.51%) CRD IV
11 10 (13.51%) Market Risk
11 10 (13.51%) Project Management
12 8 (10.81%) Oracle
12 8 (10.81%) Risk Management
13 7 (9.46%) SunGard
13 7 (9.46%) Use Case

Basel III
Top Related IT Skills by Category

For the 6 months to 3 July 2015, IT contractor jobs within the UK citing Basel III 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 III. Up to 20 skills are shown per category.

Application Platforms
1 3 (4.05%) SAS
2 1 (1.35%) SharePoint
Applications
1 14 (18.92%) MS Visio
2 3 (4.05%) MS Excel
3 2 (2.70%) MS Office
3 2 (2.70%) MS PowerPoint
4 1 (1.35%) Spreadsheet
Business Applications
1 7 (9.46%) Adaptiv
Communications & Networking
1 1 (1.35%) IMAP
Database & Business Intelligence
1 4 (5.41%) Hadoop
2 3 (4.05%) Big Data
2 3 (4.05%) Data Warehouse
3 2 (2.70%) RDBMS
3 2 (2.70%) Oracle Reports
3 2 (2.70%) Relational Database
3 2 (2.70%) Impala
3 2 (2.70%) Apache Hive
4 1 (1.35%) MS Access
4 1 (1.35%) SQL Server
General
1 63 (85.14%) Banking
2 46 (62.16%) Finance
3 16 (21.62%) Investment Banking
4 7 (9.46%) Retail
5 4 (5.41%) Front Office
6 3 (4.05%) Wholesale Banking
7 1 (1.35%) Japanese Language
7 1 (1.35%) Back Office
7 1 (1.35%) Telecoms
7 1 (1.35%) Legal
7 1 (1.35%) General Ledger
Job Titles
1 47 (63.51%) Analyst
2 42 (56.76%) Business Analyst
3 15 (20.27%) Credit Risk Analyst
4 14 (18.92%) Credit Risk Business Analyst
5 13 (17.57%) Senior Analyst
5 13 (17.57%) Senior Business Analyst
6 7 (9.46%) Project Manager
7 6 (8.11%) Risk Analyst
8 5 (6.76%) Credit Analyst
8 5 (6.76%) Consultant
9 4 (5.41%) Architect
9 4 (5.41%) Change Consultant
9 4 (5.41%) Credit Risk Project Manager
10 3 (4.05%) Oracle Architect
10 3 (4.05%) Testing Analyst
10 3 (4.05%) Banking Business Analyst
10 3 (4.05%) Investment Banking Business Analyst
10 3 (4.05%) Oracle Technical Architect
10 3 (4.05%) Test Analyst
10 3 (4.05%) Technical Architect
Libraries, Frameworks & Software Standards
1 1 (1.35%) HTML
1 1 (1.35%) COM
1 1 (1.35%) XBRL
1 1 (1.35%) FpML
1 1 (1.35%) Hibernate
1 1 (1.35%) Spring
1 1 (1.35%) HTML5
Miscellaneous
1 28 (37.84%) Credit Risk
2 10 (13.51%) Market Risk
3 6 (8.11%) Analytical Skills
4 4 (5.41%) Derivative
4 4 (5.41%) Reference Data
5 3 (4.05%) Foreign Exchange (FX)
6 2 (2.70%) Fixed Income
6 2 (2.70%) Equities
6 2 (2.70%) Credit Derivative
6 2 (2.70%) Data Integration
7 1 (1.35%) Visualisation
7 1 (1.35%) Social Media
7 1 (1.35%) SWIFT
7 1 (1.35%) Contract for Difference
Processes & Methodologies
1 16 (21.62%) Data Modelling
1 16 (21.62%) Stress Testing
1 16 (21.62%) Analytics
2 15 (20.27%) Stakeholder Management
3 14 (18.92%) Requirements Analysis
4 13 (17.57%) BPR
4 13 (17.57%) UML
4 13 (17.57%) SSADM
4 13 (17.57%) DSDM
4 13 (17.57%) GAP Analysis
4 13 (17.57%) BPMN
4 13 (17.57%) Business Transformation
5 12 (16.22%) Agile Software Development
6 11 (14.86%) Business Analysis
7 10 (13.51%) Project Management
8 8 (10.81%) Risk Management
9 7 (9.46%) Use Case
9 7 (9.46%) User Acceptance Testing
10 6 (8.11%) PRINCE2
11 5 (6.76%) Migration
Programming Languages
1 13 (17.57%) SQL
2 3 (4.05%) Java
3 2 (2.70%) C#
3 2 (2.70%) VBA
Qualifications
1 2 (2.70%) PMP
1 2 (2.70%) PMI Certification
1 2 (2.70%) Degree
Quality Assurance & Compliance
1 20 (27.03%) Basel II
2 15 (20.27%) Solvency II
3 11 (14.86%) Dodd-Frank
4 10 (13.51%) CRD IV
5 6 (8.11%) COREP
5 6 (8.11%) EMIR
6 2 (2.70%) FATCA
6 2 (2.70%) FINREP
7 1 (1.35%) Data Quality
7 1 (1.35%) MiFID
7 1 (1.35%) QA
System Software
1 2 (2.70%) Apache Flume
1 2 (2.70%) HDFS
Systems Management
1 2 (2.70%) Oozie
2 1 (1.35%) HP Quality Center
Vendors
1 8 (10.81%) Oracle
2 7 (9.46%) SunGard
3 3 (4.05%) Microsoft
4 2 (2.70%) Business Objects
4 2 (2.70%) Cloudera
5 1 (1.35%) HP
5 1 (1.35%) Sybase
London
Aston Carter
Rate: £500 - £540 per day
Posted: Yesterday
London
Aston Carter
Rate: £500 - £600 per day
Posted: 2 days ago
Edinburgh
Orgtel
Posted: 26 days ago