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 19 December 2014 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
19 Dec 2014
Same period 2013 Same period 2012
Basel III
Rank 548 502 476
Rank change year-on-year
-46 -26
Contract jobs citing Basel III 47 80 81
As % of all contract IT jobs located in the UK 0.085% 0.16% 0.16%
As % of the Quality Assurance & Compliance category 1.12% 2.12% 2.21%
Number of daily rates quoted 45 58 76
Average daily rate
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£500 £525 £550
Average daily rate % change year-on-year
-4.76% -4.54%
90% offered a daily rate of more than £435 £420 £425
10% offered a daily rate of more than £625 £680 £688
UK excluding London average daily rate £500 £425 £383
% change year-on-year
+17.64% +11.11%
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
4182 3770 3661
As % of all contract IT jobs located in the UK 7.58% 7.31% 7.38%
Number of daily rates quoted 2614 2270 2114
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £215 £245 £225
10% offered a daily rate of more than £591 £600 £600
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 182 126 241
Average hourly rate £19.00 £18.63 £20.50
Average hourly rate % change year-on-year
+2.01% -9.14%
90% offered a hourly rate of more than £10.75 £11.00 £11.50
10% offered a hourly rate of more than £45.00 £44.00 £45.00
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

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 19 December 2014.

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 19 December 2014. 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 -59 47 £500 -4.76% 14
London -20 36 £525 -4.54% 13
City of London -20 4 £625 +19.04% 6

Basel III
Top 30 Related IT Skills

For the 6 months to 19 December 2014, 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 (71.29%) Finance
2 67 (66.34%) Banking
3 40 (39.60%) Investment Banking
4 29 (28.71%) Credit Risk
5 28 (27.72%) Stakeholder Management
6 26 (25.74%) Basel II
7 25 (24.75%) SQL
7 25 (24.75%) Data Modelling
8 24 (23.76%) Business Analysis
8 24 (23.76%) Analytical Skills
9 22 (21.78%) Solvency II
10 21 (20.79%) GAP Analysis
11 19 (18.81%) MS Visio
12 18 (17.82%) UML
12 18 (17.82%) Requirements Analysis
13 17 (16.83%) Derivative
13 17 (16.83%) BPR
14 16 (15.84%) SSADM
14 16 (15.84%) DSDM
14 16 (15.84%) Risk Management
14 16 (15.84%) Business Transformation
14 16 (15.84%) BPMN
15 14 (13.86%) Market Risk
16 13 (12.87%) Agile Software Development
16 13 (12.87%) Credit Derivative
17 12 (11.88%) Project Management
17 12 (11.88%) Analytics
17 12 (11.88%) COREP
18 11 (10.89%) Oracle
18 11 (10.89%) Equities

Basel III
Top Related IT Skills by Category

For the 6 months to 19 December 2014, 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 (2.97%) SAS
2 1 (0.99%) Apache Spark
2 1 (0.99%) Oracle Coherence
Applications
1 19 (18.81%) MS Visio
2 8 (7.92%) MS Office
3 6 (5.94%) MS Excel
4 5 (4.95%) MS PowerPoint
5 1 (0.99%) Spreadsheet
5 1 (0.99%) MS Project
Communications & Networking
1 2 (1.98%) 4G
2 1 (0.99%) IMAP
Database & Business Intelligence
1 8 (7.92%) Oracle Database
2 6 (5.94%) Relational Database
3 5 (4.95%) Data Warehouse
4 4 (3.96%) SQL Server
5 3 (2.97%) Big Data
5 3 (2.97%) RDBMS
6 2 (1.98%) OLTP
6 2 (1.98%) Hadoop
6 2 (1.98%) SQL Server Analysis Services
7 1 (0.99%) Impala
7 1 (0.99%) Base SAS
7 1 (0.99%) Oracle BI EE
7 1 (0.99%) QlikView
7 1 (0.99%) BusinessObjects XI
7 1 (0.99%) HBase
7 1 (0.99%) Apache Hive
7 1 (0.99%) Data Mart
7 1 (0.99%) SQL Server Integration Services
7 1 (0.99%) OLAP
7 1 (0.99%) MS Access
Development Applications
1 1 (0.99%) Jenkins
1 1 (0.99%) ERwin
General
1 72 (71.29%) Finance
2 67 (66.34%) Banking
3 40 (39.60%) Investment Banking
4 7 (6.93%) Financial Institution
5 6 (5.94%) Retail
6 5 (4.95%) Front Office
7 2 (1.98%) Back Office
7 2 (1.98%) General Ledger
7 2 (1.98%) Dutch Language
7 2 (1.98%) French Language
8 1 (0.99%) Legal
Job Titles
1 66 (65.35%) Analyst
2 54 (53.47%) Business Analyst
3 18 (17.82%) Senior Business Analyst
3 18 (17.82%) Senior Analyst
4 12 (11.88%) Project Manager
5 11 (10.89%) Developer
6 9 (8.91%) Banking Business Analyst
7 8 (7.92%) Architect
8 5 (4.95%) C++ Quantitative Developer
8 5 (4.95%) Risk Analyst
8 5 (4.95%) C++ Developer
8 5 (4.95%) Quantitative Developer
8 5 (4.95%) Investment Banking Business Analyst
9 4 (3.96%) Market Risk Analyst
9 4 (3.96%) Credit Risk Analyst
9 4 (3.96%) Lead Business Analyst
9 4 (3.96%) Market Risk Business Analyst
10 3 (2.97%) Banking Analyst
10 3 (2.97%) Credit Risk Business Analyst
10 3 (2.97%) Technical Architect
Libraries, Frameworks & Software Standards
1 3 (2.97%) .NET
1 3 (2.97%) XBRL
2 1 (0.99%) WPF
2 1 (0.99%) Play Framework
2 1 (0.99%) Akka
2 1 (0.99%) REST
2 1 (0.99%) HTML5
2 1 (0.99%) HTML
2 1 (0.99%) JMS
Miscellaneous
1 29 (28.71%) Credit Risk
2 24 (23.76%) Analytical Skills
3 17 (16.83%) Derivative
4 14 (13.86%) Market Risk
5 13 (12.87%) Credit Derivative
6 11 (10.89%) Equities
7 8 (7.92%) Data Structures
8 5 (4.95%) Algorithms
9 3 (2.97%) Foreign Exchange (FX)
10 2 (1.98%) Management Information System
10 2 (1.98%) Fixed Income
10 2 (1.98%) Economics
10 2 (1.98%) Reference Data
11 1 (0.99%) Hedge funds
11 1 (0.99%) Replication
11 1 (0.99%) Grid Computing
11 1 (0.99%) Mainframe
Operating Systems
1 5 (4.95%) Windows
1 5 (4.95%) Linux
Processes & Methodologies
1 28 (27.72%) Stakeholder Management
2 25 (24.75%) Data Modelling
3 24 (23.76%) Business Analysis
4 21 (20.79%) GAP Analysis
5 18 (17.82%) UML
5 18 (17.82%) Requirements Analysis
6 17 (16.83%) BPR
7 16 (15.84%) SSADM
7 16 (15.84%) DSDM
7 16 (15.84%) Risk Management
7 16 (15.84%) Business Transformation
7 16 (15.84%) BPMN
8 13 (12.87%) Agile Software Development
9 12 (11.88%) Project Management
9 12 (11.88%) Analytics
10 10 (9.90%) TDD
10 10 (9.90%) Manual Testing
11 9 (8.91%) Risk Analytics
11 9 (8.91%) Test Strategy
12 8 (7.92%) Data Analysis
Programming Languages
1 25 (24.75%) SQL
2 5 (4.95%) C#
2 5 (4.95%) C++
3 4 (3.96%) VBA
4 3 (2.97%) Java
5 2 (1.98%) Python
5 2 (1.98%) Perl
6 1 (0.99%) Scala
6 1 (0.99%) JCL
Qualifications
1 8 (7.92%) Degree
2 1 (0.99%) IIBA
2 1 (0.99%) CBAP
2 1 (0.99%) MBA
2 1 (0.99%) Postgraduate
2 1 (0.99%) PMP
2 1 (0.99%) PMI Certification
Quality Assurance & Compliance
1 26 (25.74%) Basel II
2 22 (21.78%) Solvency II
3 12 (11.88%) COREP
4 8 (7.92%) CRD IV
5 7 (6.93%) FINREP
6 4 (3.96%) MiFID
6 4 (3.96%) QA
6 4 (3.96%) EMIR
7 2 (1.98%) FATCA
7 2 (1.98%) Dodd-Frank
8 1 (0.99%) Data Quality
8 1 (0.99%) Sarbanes-Oxley
System Software
1 1 (0.99%) Apache Flume
Vendors
1 11 (10.89%) Oracle
2 5 (4.95%) Microsoft
3 4 (3.96%) Business Objects
4 3 (2.97%) Sybase
5 2 (1.98%) Cognos
5 2 (1.98%) Teradata
6 1 (0.99%) Remedy
6 1 (0.99%) Calypso
London
Aston Carter
Rate: £400 - £500 per day
Posted: 3 days ago
London
Hydrogen Group
Rate: £0.00 per day
Posted: 3 days ago
Manchester
Real Staffing
Rate: £450 - £500 per day + competitive
Posted: 9 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 12 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £600 - £800 per day
Posted: 18 days ago
City of London
Interquest - ITQ Financial - London
Rate: £600 per day
Posted: 21 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £495 per day
Posted: 27 days ago