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 September 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 Sep 2015
Same period 2014 Same period 2013
Basel III
Rank 579 562 486
Rank change year-on-year
-17 -76
Contract jobs citing Basel III 51 54 113
As % of all contract IT jobs located in the UK 0.087% 0.096% 0.21%
As % of the Quality Assurance & Compliance category 1.10% 1.20% 2.86%
Number of daily rates quoted 44 40 64
Average daily rate
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£550 £525 £550
Average daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £425 £400 £406
10% offered a daily rate of more than £650 £675 £668
UK excluding London average daily rate £500 £500 £433
% change year-on-year
- +15.60%
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
4635 4494 3956
As % of all contract IT jobs located in the UK 7.94% 7.95% 7.43%
Number of daily rates quoted 2845 2728 2319
Average daily rate £425 £403 £425
Average daily rate % change year-on-year
+5.59% -5.29%
90% offered a daily rate of more than £265 £225 £263
10% offered a daily rate of more than £575 £563 £615
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 198 204 164
Average hourly rate £21.55 £20.00 £17.50
Average hourly rate % change year-on-year
+7.75% +14.28%
90% offered a hourly rate of more than £11.86 £12.00 £10.00
10% offered a hourly rate of more than £49.75 £45.00 £37.50
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

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 September 2015.

Basel III Daily Rate Histogram in the UK

Basel III
Top 9 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 September 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 -10 50 £550 +4.76% 10
London -2 45 £600 +9.09% 9
City of London +18 17 £525 -8.69% 1
Wiltshire -2 5 £500 -
Swindon -5 5 £500 -
South West -12 5 £500 - 1
Docklands, London - 3 £645 -
Edinburgh - 1 - -
Scotland - 1 - -

Basel III
Top 30 Related IT Skills

For the 6 months to 3 September 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 72 (82.76%) Banking
2 62 (71.26%) Finance
3 29 (33.33%) Investment Banking
3 29 (33.33%) Credit Risk
4 18 (20.69%) Business Analysis
4 18 (20.69%) Agile Software Development
4 18 (20.69%) Basel II
5 16 (18.39%) Data Modelling
5 16 (18.39%) Stress Testing
6 15 (17.24%) Analytics
6 15 (17.24%) CRD IV
6 15 (17.24%) Dodd-Frank
6 15 (17.24%) Stakeholder Management
7 13 (14.94%) GAP Analysis
7 13 (14.94%) Solvency II
8 12 (13.79%) EMIR
8 12 (13.79%) SQL
8 12 (13.79%) Requirements Analysis
8 12 (13.79%) Market Risk
9 11 (12.64%) User Acceptance Testing
9 11 (12.64%) Derivative
9 11 (12.64%) Risk Management
9 11 (12.64%) Oracle
9 11 (12.64%) UML
9 11 (12.64%) SSADM
9 11 (12.64%) DSDM
9 11 (12.64%) MS Visio
9 11 (12.64%) BPR
9 11 (12.64%) COREP
9 11 (12.64%) Business Transformation

Basel III
Top Related IT Skills by Category

For the 6 months to 3 September 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 (3.45%) SAS
1 3 (3.45%) Oracle Coherence
2 2 (2.30%) NetWeaver
3 1 (1.15%) Apache Spark
3 1 (1.15%) SharePoint
Applications
1 11 (12.64%) MS Visio
2 8 (9.20%) MS Excel
3 2 (2.30%) MS PowerPoint
4 1 (1.15%) MS Office
Business Applications
1 6 (6.90%) Adaptiv
Database & Business Intelligence
1 10 (11.49%) Data Warehouse
2 5 (5.75%) Hadoop
3 4 (4.60%) Big Data
3 4 (4.60%) BusinessObjects
4 3 (3.45%) SQL Server
4 3 (3.45%) OLAP
4 3 (3.45%) Oracle Database
5 2 (2.30%) OLTP
5 2 (2.30%) Oracle OLAP
5 2 (2.30%) SAP HANA
5 2 (2.30%) Oracle BI EE
6 1 (1.15%) HBase
6 1 (1.15%) QlikView
6 1 (1.15%) BusinessObjects XI
6 1 (1.15%) SQL Server Analysis Services
6 1 (1.15%) Oracle Reports
6 1 (1.15%) MS Access
6 1 (1.15%) RDBMS
6 1 (1.15%) Apache Hive
6 1 (1.15%) Relational Database
Development Applications
1 1 (1.15%) Visual Studio
1 1 (1.15%) JIRA
General
1 72 (82.76%) Banking
2 62 (71.26%) Finance
3 29 (33.33%) Investment Banking
4 7 (8.05%) Retail
5 5 (5.75%) Front Office
6 3 (3.45%) Back Office
6 3 (3.45%) General Ledger
6 3 (3.45%) Wholesale Banking
7 2 (2.30%) Legal
7 2 (2.30%) Advertising
8 1 (1.15%) Telecoms
8 1 (1.15%) Private Banking
8 1 (1.15%) Marketing
8 1 (1.15%) Japanese Language
8 1 (1.15%) Financial Institution
Job Titles
1 53 (60.92%) Analyst
2 47 (54.02%) Business Analyst
3 12 (13.79%) Credit Risk Analyst
4 11 (12.64%) Senior Business Analyst
4 11 (12.64%) Senior Analyst
4 11 (12.64%) Credit Risk Business Analyst
5 10 (11.49%) Project Manager
6 8 (9.20%) Architect
7 7 (8.05%) Banking Business Analyst
8 6 (6.90%) Risk Analyst
8 6 (6.90%) Report Analyst
9 5 (5.75%) Credit Analyst
9 5 (5.75%) Consultant
10 4 (4.60%) Change Consultant
11 3 (3.45%) Investment Banking Business Analyst
11 3 (3.45%) Testing Analyst
12 2 (2.30%) Oracle Architect
12 2 (2.30%) Test Leader
12 2 (2.30%) SAP Architect
12 2 (2.30%) Credit Risk Project Manager
Libraries, Frameworks & Software Standards
1 3 (3.45%) .NET
2 2 (2.30%) REST
3 1 (1.15%) Akka
3 1 (1.15%) Play Framework
3 1 (1.15%) HTML
3 1 (1.15%) COM
3 1 (1.15%) Web Services
3 1 (1.15%) XML
3 1 (1.15%) Middleware
3 1 (1.15%) FpML
3 1 (1.15%) WPF
3 1 (1.15%) HTML5
Miscellaneous
1 29 (33.33%) Credit Risk
2 12 (13.79%) Market Risk
3 11 (12.64%) Derivative
4 9 (10.34%) Analytical Skills
5 7 (8.05%) Foreign Exchange (FX)
6 6 (6.90%) Fixed Income
6 6 (6.90%) Equities
7 5 (5.75%) Credit Derivative
7 5 (5.75%) Reference Data
8 3 (3.45%) Contract for Difference
9 2 (2.30%) Management Information System
9 2 (2.30%) Enterprise Software
10 1 (1.15%) Data Integration
10 1 (1.15%) Visualisation
10 1 (1.15%) Social Media
10 1 (1.15%) SWIFT
10 1 (1.15%) Replication
10 1 (1.15%) Grid Computing
10 1 (1.15%) Computer Science
Operating Systems
1 1 (1.15%) Windows
Processes & Methodologies
1 18 (20.69%) Agile Software Development
1 18 (20.69%) Business Analysis
2 16 (18.39%) Data Modelling
2 16 (18.39%) Stress Testing
3 15 (17.24%) Analytics
3 15 (17.24%) Stakeholder Management
4 13 (14.94%) GAP Analysis
5 12 (13.79%) Requirements Analysis
6 11 (12.64%) Risk Management
6 11 (12.64%) BPR
6 11 (12.64%) UML
6 11 (12.64%) SSADM
6 11 (12.64%) DSDM
6 11 (12.64%) Business Transformation
6 11 (12.64%) BPMN
6 11 (12.64%) User Acceptance Testing
7 10 (11.49%) Use Case
7 10 (11.49%) Waterfall
7 10 (11.49%) Project Management
8 8 (9.20%) PRINCE2
Programming Languages
1 12 (13.79%) SQL
2 3 (3.45%) C#
3 2 (2.30%) Java
3 2 (2.30%) VBA
4 1 (1.15%) Python
4 1 (1.15%) PowerShell
4 1 (1.15%) Scala
4 1 (1.15%) C++
Qualifications
1 5 (5.75%) Degree
2 2 (2.30%) PMP
2 2 (2.30%) PMI Certification
Quality Assurance & Compliance
1 18 (20.69%) Basel II
2 15 (17.24%) CRD IV
2 15 (17.24%) Dodd-Frank
3 13 (14.94%) Solvency II
4 12 (13.79%) EMIR
5 11 (12.64%) COREP
6 3 (3.45%) FINREP
6 3 (3.45%) FATCA
7 2 (2.30%) MiFID
8 1 (1.15%) QA
8 1 (1.15%) Data Quality
System Software
1 1 (1.15%) Apache Flume
1 1 (1.15%) HDFS
Systems Management
1 1 (1.15%) HP Quality Center
1 1 (1.15%) Oozie
Vendors
1 11 (12.64%) Oracle
2 7 (8.05%) Microsoft
3 6 (6.90%) SunGard
4 2 (2.30%) Informatica
4 2 (2.30%) SAP
4 2 (2.30%) Cloudera
5 1 (1.15%) Actian
5 1 (1.15%) Solace
5 1 (1.15%) DataSynapse
London
Aston Carter
Rate: £450 - £550 per day
Posted: 1 hour ago
London
Hays Finance Technology
Rate: £450.00 - £475.00 per day
Posted: 8 hours ago
City of London
Real Staffing
Rate: £450 - £500 per day
Posted: 14 days ago