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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Basel III
Rank 546 461 460
Rank change year-on-year
-85 -1
Contract jobs citing Basel III 37 92 79
As % of all contract IT jobs located in the UK 0.073% 0.19% 0.18%
As % of the Quality Assurance & Compliance category 0.93% 2.47% 2.46%
Number of daily rates quoted 35 61 71
Average daily rate
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of your Daily Rate
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£500 £544 £600
Average daily rate % change year-on-year
-8.04% -9.37%
90% offered a daily rate of more than £289 £450 £388
10% offered a daily rate of more than £675 £700 £675
UK excluding London average daily rate £500 £463 £383
% change year-on-year
+7.99% +21.04%
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
3977 3718 3214
As % of all contract IT jobs located in the UK 7.79% 7.72% 7.20%
Number of daily rates quoted 2364 2202 1807
Average daily rate £400 £410 £400
Average daily rate % change year-on-year
-2.43% +2.50%
90% offered a daily rate of more than £225 £230 £225
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 158 138 221
Average hourly rate £19.00 £17.00 £23.00
Average hourly rate % change year-on-year
+11.76% -26.08%
90% offered a hourly rate of more than £10.82 £10.93 £11.28
10% offered a hourly rate of more than £47.50 £50.68 £45.00
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

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 30 January 2015.

Basel III Daily Rate Histogram in the UK

Basel III
Top 3 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 30 January 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 -68 37 £500 -9.09% 20
London -59 26 £531 -9.57% 19
City of London -17 7 £625 +19.04% 6

Basel III
Top 30 Related IT Skills

For the 6 months to 30 January 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 60 (65.93%) Finance
2 59 (64.84%) Banking
3 35 (38.46%) Investment Banking
4 24 (26.37%) Stakeholder Management
5 23 (25.27%) Basel II
6 21 (23.08%) Data Modelling
6 21 (23.08%) Solvency II
7 20 (21.98%) SQL
7 20 (21.98%) GAP Analysis
7 20 (21.98%) Credit Risk
8 19 (20.88%) Business Analysis
9 17 (18.68%) Requirements Analysis
9 17 (18.68%) MS Visio
9 17 (18.68%) UML
9 17 (18.68%) Analytical Skills
10 16 (17.58%) BPR
11 15 (16.48%) SSADM
11 15 (16.48%) DSDM
11 15 (16.48%) Derivative
11 15 (16.48%) Business Transformation
11 15 (16.48%) BPMN
12 13 (14.29%) Risk Management
13 11 (12.09%) Market Risk
13 11 (12.09%) Agile Software Development
13 11 (12.09%) COREP
14 9 (9.89%) CRD IV
14 9 (9.89%) Project Management
15 8 (8.79%) Credit Derivative
15 8 (8.79%) Stress Testing
15 8 (8.79%) Analytics

Basel III
Top Related IT Skills by Category

For the 6 months to 30 January 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 1 (1.10%) Oracle Coherence
1 1 (1.10%) Apache Spark
Applications
1 17 (18.68%) MS Visio
2 7 (7.69%) MS Office
3 4 (4.40%) MS Excel
3 4 (4.40%) MS PowerPoint
4 1 (1.10%) MS Project
4 1 (1.10%) Spreadsheet
Communications & Networking
1 2 (2.20%) 4G
2 1 (1.10%) IMAP
Database & Business Intelligence
1 5 (5.49%) Relational Database
1 5 (5.49%) Big Data
2 4 (4.40%) Hadoop
2 4 (4.40%) Oracle Database
2 4 (4.40%) Data Warehouse
3 3 (3.30%) RDBMS
3 3 (3.30%) Impala
3 3 (3.30%) Apache Hive
4 1 (1.10%) QlikView
4 1 (1.10%) BusinessObjects XI
4 1 (1.10%) SQL Server Analysis Services
4 1 (1.10%) OLAP
4 1 (1.10%) Oracle Reports
4 1 (1.10%) MS Access
4 1 (1.10%) Oracle BI EE
4 1 (1.10%) HBase
Development Applications
1 1 (1.10%) ERwin
General
1 60 (65.93%) Finance
2 59 (64.84%) Banking
3 35 (38.46%) Investment Banking
4 6 (6.59%) Retail
5 5 (5.49%) Financial Institution
6 4 (4.40%) Front Office
7 1 (1.10%) Dutch Language
7 1 (1.10%) French Language
7 1 (1.10%) General Ledger
7 1 (1.10%) Legal
7 1 (1.10%) Back Office
Job Titles
1 56 (61.54%) Analyst
2 47 (51.65%) Business Analyst
3 17 (18.68%) Senior Analyst
3 17 (18.68%) Senior Business Analyst
4 12 (13.19%) Project Manager
5 11 (12.09%) Developer
6 7 (7.69%) Banking Business Analyst
7 5 (5.49%) C++ Developer
7 5 (5.49%) Quantitative Developer
7 5 (5.49%) Architect
7 5 (5.49%) Test Leader
7 5 (5.49%) C++ Quantitative Developer
8 4 (4.40%) Market Risk Analyst
8 4 (4.40%) Risk Analyst
8 4 (4.40%) Market Risk Business Analyst
8 4 (4.40%) Lead Business Analyst
9 3 (3.30%) Investment Banking Business Analyst
9 3 (3.30%) Banking Analyst
9 3 (3.30%) Technical Architect
10 2 (2.20%) Hadoop Developer
Libraries, Frameworks & Software Standards
1 3 (3.30%) XBRL
2 1 (1.10%) WPF
2 1 (1.10%) HTML
2 1 (1.10%) .NET
2 1 (1.10%) JMS
2 1 (1.10%) Play Framework
2 1 (1.10%) Akka
2 1 (1.10%) HTML5
2 1 (1.10%) REST
Miscellaneous
1 20 (21.98%) Credit Risk
2 17 (18.68%) Analytical Skills
3 15 (16.48%) Derivative
4 11 (12.09%) Market Risk
5 8 (8.79%) Credit Derivative
6 7 (7.69%) Equities
7 5 (5.49%) Algorithms
8 4 (4.40%) Data Structures
9 2 (2.20%) Reference Data
9 2 (2.20%) Foreign Exchange (FX)
9 2 (2.20%) Management Information System
9 2 (2.20%) Economics
10 1 (1.10%) Replication
10 1 (1.10%) Fixed Income
10 1 (1.10%) Data Integration
10 1 (1.10%) Hedge funds
Operating Systems
1 5 (5.49%) Windows
1 5 (5.49%) Linux
Processes & Methodologies
1 24 (26.37%) Stakeholder Management
2 21 (23.08%) Data Modelling
3 20 (21.98%) GAP Analysis
4 19 (20.88%) Business Analysis
5 17 (18.68%) Requirements Analysis
5 17 (18.68%) UML
6 16 (17.58%) BPR
7 15 (16.48%) SSADM
7 15 (16.48%) DSDM
7 15 (16.48%) Business Transformation
7 15 (16.48%) BPMN
8 13 (14.29%) Risk Management
9 11 (12.09%) Agile Software Development
10 9 (9.89%) Project Management
11 8 (8.79%) Stress Testing
11 8 (8.79%) Analytics
12 7 (7.69%) Data Analysis
13 6 (6.59%) Validation
13 6 (6.59%) Manual Testing
14 5 (5.49%) User Acceptance Testing
Programming Languages
1 20 (21.98%) SQL
2 5 (5.49%) C++
2 5 (5.49%) Java
3 4 (4.40%) C#
3 4 (4.40%) VBA
4 2 (2.20%) Python
4 2 (2.20%) Perl
5 1 (1.10%) Scala
Qualifications
1 5 (5.49%) Degree
2 1 (1.10%) MBA
2 1 (1.10%) Postgraduate
2 1 (1.10%) PMP
2 1 (1.10%) PMI Certification
2 1 (1.10%) IIBA
2 1 (1.10%) CBAP
Quality Assurance & Compliance
1 23 (25.27%) Basel II
2 21 (23.08%) Solvency II
3 11 (12.09%) COREP
4 9 (9.89%) CRD IV
5 7 (7.69%) EMIR
5 7 (7.69%) FINREP
5 7 (7.69%) MiFID
6 6 (6.59%) QA
7 4 (4.40%) Dodd-Frank
8 2 (2.20%) FATCA
9 1 (1.10%) Sarbanes-Oxley
System Software
1 3 (3.30%) Apache Flume
2 2 (2.20%) HDFS
Systems Management
1 2 (2.20%) Oozie
Vendors
1 5 (5.49%) Oracle
2 3 (3.30%) Business Objects
2 3 (3.30%) Microsoft
3 2 (2.20%) Cognos
4 1 (1.10%) Calypso
4 1 (1.10%) HP
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Rate: £450 - £550 per day
Posted: Yesterday
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Rate: £400.00 - £500.00 per day
Posted: 2 days ago
City of London
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Rate: £300 - £350 per day + competitive
Posted: 17 days ago
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Rate: £600 - £650 per day + competitive
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