The first table below looks at the demand 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
18 Apr 2014
Same period 2013 Same period 2012
Basel III
Rank 480 439 433
Rank change year-on-year
-41 -6
Contract jobs citing Basel III 107 105 156
As % of all contract IT jobs located in the UK 0.19% 0.22% 0.26%
As % of the Quality Assurance & Compliance category 2.42% 2.92% 3.44%
Number of daily rates quoted 84 69 132
Average daily rate £550 £550 £600
Average daily rate % change year-on-year
- -8.33%
90% offered a daily rate of more than £400 £382 £405
10% offered a daily rate of more than £685 £676 £775
UK excluding London average daily rate £475 £385 -
% change year-on-year
+23.37% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4414 3599 4540
As % of all contract IT jobs located in the UK 7.84% 7.54% 7.49%
Number of daily rates quoted 2669 2121 2478
Average daily rate £400 £400 £425
Average daily rate % change year-on-year
- -5.88%
90% offered a daily rate of more than £246 £225 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 189 144 240
Average hourly rate £19.00 £18.70 £16.86
Average hourly rate % change year-on-year
+1.60% +10.91%
90% offered a hourly rate of more than £10.86 £10.50 £11.08
10% offered a hourly rate of more than £45.86 £55.00 £35.70
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%

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 18 April 2014.

Basel III Daily Rate Histogram in the UK

Basel III
Top 4 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 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -88 103 £563 +2.27% 12
London -32 85 £575 - 11
City of London -8 33 £563 +12.50% 3
Docklands, London - 1 £550 -

Basel III
Top 30 Related IT Skills

For the 6 months to 18 April 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.

1 106 (55.79%) Finance
2 98 (51.58%) Banking
3 90 (47.37%) SQL
4 65 (34.21%) CRD IV
5 57 (30.00%) Credit Risk
6 53 (27.89%) Investment Banking
7 40 (21.05%) Business Analysis
8 38 (20.00%) COREP
8 38 (20.00%) FINREP
9 34 (17.89%) User Acceptance Testing
10 33 (17.37%) Market Risk
11 31 (16.32%) Derivative
11 31 (16.32%) Risk Management
12 28 (14.74%) Microsoft
13 24 (12.63%) Basel II
14 23 (12.11%) Data Warehouse
14 23 (12.11%) Data Modelling
14 23 (12.11%) SQL Server
15 22 (11.58%) Stakeholder Management
15 22 (11.58%) Data Analysis
16 21 (11.05%) QA
16 21 (11.05%) UML
17 18 (9.47%) Data Mapping
17 18 (9.47%) VBA
17 18 (9.47%) Analytics
18 16 (8.42%) Front Office
19 15 (7.89%) Degree
19 15 (7.89%) Agile Software Development
19 15 (7.89%) C#
19 15 (7.89%) C++

Basel III
Top Related IT Skills by Category

For the 6 months to 18 April 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 (1.58%) SharePoint
2 2 (1.05%) Lync
2 2 (1.05%) SAS
3 1 (0.53%) SAP Portal
3 1 (0.53%) WebSphere
Applications
1 13 (6.84%) MS Excel
2 11 (5.79%) MS Visio
3 6 (3.16%) MS Office
4 5 (2.63%) MS Project
5 4 (2.11%) MS PowerPoint
6 2 (1.05%) Spreadsheet
Business Applications
1 1 (0.53%) SAP FI/CO
1 1 (0.53%) SAP R/3
1 1 (0.53%) SAP FI
1 1 (0.53%) SAP Bank Analyzer
1 1 (0.53%) SAP ERP
1 1 (0.53%) SAP CO
Communications & Networking
1 4 (2.11%) FTP
Database & Business Intelligence
1 23 (12.11%) Data Warehouse
1 23 (12.11%) SQL Server
2 12 (6.32%) SQL Server Reporting Services
3 9 (4.74%) SQL Server 2008
4 5 (2.63%) SQL Server Analysis Services
5 4 (2.11%) SQL Server Integration Services
5 4 (2.11%) SQL Server 2012
5 4 (2.11%) Relational Database
6 3 (1.58%) Oracle Database
7 2 (1.05%) BODI
7 2 (1.05%) SAP BI
7 2 (1.05%) SAP BW
8 1 (0.53%) Big Data
8 1 (0.53%) Data Mining
8 1 (0.53%) MS Access
8 1 (0.53%) Data Mart
8 1 (0.53%) SQL Server 2005
8 1 (0.53%) Microsoft Analysis Services
Development Applications
1 2 (1.05%) JIRA
2 1 (0.53%) ProC
2 1 (0.53%) LoadRunner
2 1 (0.53%) Selenium
General
1 106 (55.79%) Finance
2 98 (51.58%) Banking
3 53 (27.89%) Investment Banking
4 16 (8.42%) Front Office
5 7 (3.68%) Financial Institution
5 7 (3.68%) Legal
5 7 (3.68%) Retail
6 3 (1.58%) French Language
6 3 (1.58%) Retail Banking
6 3 (1.58%) General Ledger
7 2 (1.05%) Dutch Language
7 2 (1.05%) International Banking
8 1 (0.53%) Back Office
Job Titles
1 121 (63.68%) Analyst
2 115 (60.53%) Business Analyst
3 25 (13.16%) Developer
4 19 (10.00%) Investment Banking Business Analyst
5 18 (9.47%) Credit Risk Analyst
5 18 (9.47%) Credit Risk Business Analyst
6 16 (8.42%) Banking Business Analyst
7 13 (6.84%) Senior Business Analyst
7 13 (6.84%) Senior Analyst
8 11 (5.79%) Project Manager
8 11 (5.79%) IT Business Analyst
9 9 (4.74%) Consultant
9 9 (4.74%) Financial Business Analyst
9 9 (4.74%) Risk Analyst
10 8 (4.21%) Report Analyst
10 8 (4.21%) Architect
11 7 (3.68%) Programme Manager
11 7 (3.68%) Market Risk Analyst
11 7 (3.68%) Market Risk Business Analyst
12 6 (3.16%) Systems Integration Engineer
Libraries, Frameworks & Software Standards
1 9 (4.74%) .NET
2 5 (2.63%) XML
3 4 (2.11%) .NET Framework
3 4 (2.11%) FpML
4 3 (1.58%) ADO.NET Entity Framework
4 3 (1.58%) jQuery
5 2 (1.05%) LINQ
5 2 (1.05%) ASP.NET MVC
5 2 (1.05%) ASP.NET
6 1 (0.53%) Task Parallel Library
6 1 (0.53%) KnockoutJS
6 1 (0.53%) Software Packaging
6 1 (0.53%) WCF
6 1 (0.53%) Ajax
Miscellaneous
1 57 (30.00%) Credit Risk
2 33 (17.37%) Market Risk
3 31 (16.32%) Derivative
4 13 (6.84%) Equities
5 12 (6.32%) Fixed Income
6 11 (5.79%) Management Information System
7 10 (5.26%) Credit Derivative
8 7 (3.68%) Foreign Exchange (FX)
9 5 (2.63%) Enterprise Software
9 5 (2.63%) Reference Data
10 1 (0.53%) Client/Server
10 1 (0.53%) Hedge funds
10 1 (0.53%) Data Integration
10 1 (0.53%) Data Conversion
10 1 (0.53%) Mathematics
10 1 (0.53%) Applied Mathematics
10 1 (0.53%) Computer Science
10 1 (0.53%) Hybrid Derivative
10 1 (0.53%) Interest Rate Derivative
10 1 (0.53%) Equity Derivative
Operating Systems
1 15 (7.89%) Windows
2 6 (3.16%) UNIX
3 4 (2.11%) Linux
4 1 (0.53%) zOS
Processes & Methodologies
1 40 (21.05%) Business Analysis
2 34 (17.89%) User Acceptance Testing
3 31 (16.32%) Risk Management
4 23 (12.11%) Data Modelling
5 22 (11.58%) Stakeholder Management
5 22 (11.58%) Data Analysis
6 21 (11.05%) UML
7 18 (9.47%) Data Mapping
7 18 (9.47%) Analytics
8 15 (7.89%) Agile Software Development
9 14 (7.37%) Project Management
10 13 (6.84%) BPR
10 13 (6.84%) Stress Testing
11 12 (6.32%) Migration
11 12 (6.32%) Change Management
12 11 (5.79%) Business Intelligence
12 11 (5.79%) Business Transformation
13 10 (5.26%) Requirements Analysis
13 10 (5.26%) SSADM
13 10 (5.26%) DSDM
Programming Languages
1 90 (47.37%) SQL
2 18 (9.47%) VBA
3 15 (7.89%) C#
3 15 (7.89%) C++
4 11 (5.79%) Python
4 11 (5.79%) Java
5 9 (4.74%) Perl
6 8 (4.21%) T-SQL
7 5 (2.63%) PL/SQL
8 2 (1.05%) F#
8 2 (1.05%) JavaScript
9 1 (0.53%) MATLAB
9 1 (0.53%) C
Qualifications
1 15 (7.89%) Degree
2 4 (2.11%) CIMA
3 3 (1.58%) ACCA
4 2 (1.05%) PhD
5 1 (0.53%) ISEB
5 1 (0.53%) SAP Certification
Quality Assurance & Compliance
1 65 (34.21%) CRD IV
2 38 (20.00%) COREP
2 38 (20.00%) FINREP
3 24 (12.63%) Basel II
4 21 (11.05%) QA
5 13 (6.84%) Dodd-Frank
6 12 (6.32%) EMIR
7 11 (5.79%) Solvency II
8 4 (2.11%) MiFID
9 3 (1.58%) FATCA
10 2 (1.05%) Data Quality
10 2 (1.05%) SLA
11 1 (0.53%) Sarbanes-Oxley
System Software
1 2 (1.05%) Active Directory
Systems Management
1 3 (1.58%) HP Quality Center
2 2 (1.05%) Symantec Enterprise Vault
Vendors
1 28 (14.74%) Microsoft
2 11 (5.79%) Oracle
3 6 (3.16%) Citrix
4 4 (2.11%) SAP
4 4 (2.11%) HP
5 3 (1.58%) Sybase
6 2 (1.05%) Business Objects
6 2 (1.05%) IBM
6 2 (1.05%) EMC
6 2 (1.05%) CA
6 2 (1.05%) Hyperion
6 2 (1.05%) Symantec
7 1 (0.53%) ReadSoft
7 1 (0.53%) TIBCO
7 1 (0.53%) Calypso
7 1 (0.53%) Murex
7 1 (0.53%) Cognos
7 1 (0.53%) Brady
7 1 (0.53%) Telerik
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 hours ago
City of London
Real Staffing
Rate: £600 per day
Posted: 10 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £525 per day
Posted: 24 days ago