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 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Basel III
Rank 559 497 455
Rank change year-on-year
-62 -42
Contract jobs citing Basel III 35 103 104
As % of all contract IT jobs located in the UK 0.063% 0.19% 0.21%
As % of the Quality Assurance & Compliance category 0.82% 2.37% 2.82%
Number of daily rates quoted 24 82 68
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £550 £550
Average daily rate % change year-on-year
-9.09% -
90% offered a daily rate of more than £437 £400 £384
10% offered a daily rate of more than £600 £695 £677
UK excluding London average daily rate £500 £488 £385
% change year-on-year
+2.56% +26.62%
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
4248 4354 3682
As % of all contract IT jobs located in the UK 7.62% 7.89% 7.59%
Number of daily rates quoted 2513 2638 2187
Average daily rate £400 £400 £413
Average daily rate % change year-on-year
- -3.03%
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £368 £338
% change year-on-year
+2.04% +8.88%
Number of hourly rates quoted 134 184 141
Average hourly rate £22.50 £19.00 £17.75
Average hourly rate % change year-on-year
+18.42% +7.04%
90% offered a hourly rate of more than £11.72 £10.74 £10.50
10% offered a hourly rate of more than £42.50 £45.25 £79.50
UK excluding London average hourly rate £22.50 £18.00 £15.13
% change year-on-year
+25.00% +19.00%

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 24 April 2015.

Basel III Daily Rate Histogram in the UK

Basel III
Top 13 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 24 April 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 -65 35 £500 -11.11% 13
London -53 24 £550 -2.22% 10
City of London 0 13 £550 - 2
Swindon +9 9 £500 +10.98% 1
Wiltshire +8 9 £500 -16.66% 1
South West -1 9 £500 -16.66% 1
Docklands, London 0 1 £638 +15.90% 1
West Midlands -11 1 £425 -
South East - 1 £500 -
Buckinghamshire - 1 £500 -
Staffordshire - 1 £425 -
Milton Keynes - 1 £500 -
Stoke-on-Trent - 1 £425 -

Basel III
Top 30 Related IT Skills

For the 6 months to 24 April 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 58 (79.45%) Banking
2 53 (72.60%) Finance
3 28 (38.36%) Basel II
4 23 (31.51%) Data Modelling
5 21 (28.77%) Stakeholder Management
6 20 (27.40%) MS Visio
6 20 (27.40%) Investment Banking
6 20 (27.40%) Credit Risk
6 20 (27.40%) Solvency II
7 19 (26.03%) Requirements Analysis
7 19 (26.03%) UML
7 19 (26.03%) GAP Analysis
8 18 (24.66%) BPR
8 18 (24.66%) SSADM
8 18 (24.66%) DSDM
8 18 (24.66%) BPMN
8 18 (24.66%) Business Transformation
9 13 (17.81%) Stress Testing
9 13 (17.81%) Business Analysis
9 13 (17.81%) SQL
10 12 (16.44%) Analytics
11 11 (15.07%) Analytical Skills
12 9 (12.33%) CRD IV
12 9 (12.33%) Market Risk
13 8 (10.96%) Agile Software Development
13 8 (10.96%) Risk Management
13 8 (10.96%) Dodd-Frank
14 7 (9.59%) EMIR
15 6 (8.22%) COREP
15 6 (8.22%) FINREP

Basel III
Top Related IT Skills by Category

For the 6 months to 24 April 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 (1.37%) Apache Spark
1 1 (1.37%) SAS
1 1 (1.37%) SharePoint
Applications
1 20 (27.40%) MS Visio
2 3 (4.11%) MS Office
3 2 (2.74%) MS Excel
3 2 (2.74%) MS PowerPoint
4 1 (1.37%) Spreadsheet
Business Applications
1 2 (2.74%) Adaptiv
Communications & Networking
1 2 (2.74%) IMAP
Database & Business Intelligence
1 4 (5.48%) Data Warehouse
1 4 (5.48%) Hadoop
1 4 (5.48%) Big Data
2 3 (4.11%) Apache Hive
2 3 (4.11%) Relational Database
2 3 (4.11%) Impala
2 3 (4.11%) RDBMS
3 2 (2.74%) Oracle Reports
4 1 (1.37%) HBase
4 1 (1.37%) BusinessObjects XI
4 1 (1.37%) SQL Server Analysis Services
4 1 (1.37%) QlikView
4 1 (1.37%) OLAP
4 1 (1.37%) MS Access
General
1 58 (79.45%) Banking
2 53 (72.60%) Finance
3 20 (27.40%) Investment Banking
4 3 (4.11%) Wholesale Banking
4 3 (4.11%) Retail
4 3 (4.11%) Financial Institution
5 2 (2.74%) Front Office
6 1 (1.37%) Japanese Language
6 1 (1.37%) Telecoms
6 1 (1.37%) Legal
Job Titles
1 46 (63.01%) Analyst
2 42 (57.53%) Business Analyst
3 18 (24.66%) Senior Business Analyst
3 18 (24.66%) Senior Analyst
4 9 (12.33%) Project Manager
5 8 (10.96%) Credit Risk Analyst
5 8 (10.96%) Credit Risk Business Analyst
6 5 (6.85%) Test Leader
7 4 (5.48%) Architect
7 4 (5.48%) Developer
7 4 (5.48%) Banking Business Analyst
7 4 (5.48%) Risk Analyst
7 4 (5.48%) Credit Analyst
8 3 (4.11%) Testing Analyst
8 3 (4.11%) Oracle Technical Architect
8 3 (4.11%) Credit Risk Project Manager
8 3 (4.11%) Oracle Architect
8 3 (4.11%) Technical Architect
9 2 (2.74%) Test Manager
9 2 (2.74%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (5.48%) XBRL
2 2 (2.74%) HTML
2 2 (2.74%) HTML5
3 1 (1.37%) Akka
3 1 (1.37%) Play Framework
3 1 (1.37%) REST
3 1 (1.37%) Spring
3 1 (1.37%) WPF
3 1 (1.37%) Hibernate
3 1 (1.37%) JMS
3 1 (1.37%) .NET
3 1 (1.37%) COM
Miscellaneous
1 20 (27.40%) Credit Risk
2 11 (15.07%) Analytical Skills
3 9 (12.33%) Market Risk
4 6 (8.22%) Derivative
5 2 (2.74%) Foreign Exchange (FX)
6 1 (1.37%) Credit Derivative
6 1 (1.37%) Equities
6 1 (1.37%) Economics
6 1 (1.37%) Reference Data
6 1 (1.37%) Data Integration
6 1 (1.37%) Management Information System
6 1 (1.37%) Replication
6 1 (1.37%) Fixed Income
Processes & Methodologies
1 23 (31.51%) Data Modelling
2 21 (28.77%) Stakeholder Management
3 19 (26.03%) Requirements Analysis
3 19 (26.03%) UML
3 19 (26.03%) GAP Analysis
4 18 (24.66%) BPR
4 18 (24.66%) SSADM
4 18 (24.66%) DSDM
4 18 (24.66%) BPMN
4 18 (24.66%) Business Transformation
5 13 (17.81%) Stress Testing
5 13 (17.81%) Business Analysis
6 12 (16.44%) Analytics
7 8 (10.96%) Agile Software Development
7 8 (10.96%) Risk Management
8 6 (8.22%) Project Management
8 6 (8.22%) Use Case
9 4 (5.48%) PRINCE2
9 4 (5.48%) Migration
9 4 (5.48%) User Acceptance Testing
Programming Languages
1 13 (17.81%) SQL
2 4 (5.48%) Java
3 2 (2.74%) C#
4 1 (1.37%) Scala
4 1 (1.37%) VBA
Qualifications
1 2 (2.74%) Degree
2 1 (1.37%) Postgraduate
Quality Assurance & Compliance
1 28 (38.36%) Basel II
2 20 (27.40%) Solvency II
3 9 (12.33%) CRD IV
4 8 (10.96%) Dodd-Frank
5 7 (9.59%) EMIR
6 6 (8.22%) COREP
6 6 (8.22%) FINREP
6 6 (8.22%) QA
7 5 (6.85%) MiFID
8 2 (2.74%) FATCA
System Software
1 3 (4.11%) Apache Flume
2 2 (2.74%) HDFS
Systems Management
1 2 (2.74%) Oozie
Vendors
1 5 (6.85%) Oracle
2 2 (2.74%) Cognos
2 2 (2.74%) Microsoft
2 2 (2.74%) SunGard
3 1 (1.37%) Actian
3 1 (1.37%) HP
3 1 (1.37%) Sybase
3 1 (1.37%) Business Objects
London
Aston Carter
Rate: £400 - £500 per day
Posted: Yesterday
London
ANSON MCCADE
Rate: £550 - £650 per day
Posted: 3 days ago
London
Huxley Banking & Financial Services
Rate: £525 - £575 per day
Posted: 8 days ago
Halifax
Orgtel
Rate: £350 - £370 per day
Posted: 11 days ago
City of London
The People Network
Rate: £450 - £550 per day
Posted: 12 days ago
Docklands
Interquest - ITQ Financial - London
Rate: £600 - £675 per day
Posted: 19 days ago