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 September 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 Sep 2014
Same period 2013 Same period 2012
Basel III
Rank 558 472 425
Rank change year-on-year
-86 -47
Contract jobs citing Basel III 54 114 181
As % of all contract IT jobs located in the UK 0.094% 0.22% 0.31%
As % of the Quality Assurance & Compliance category 1.21% 2.87% 4.02%
Number of daily rates quoted 39 66 160
Average daily rate
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of your Daily Rate
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£525 £550 £550
Average daily rate % change year-on-year
-4.54% -
90% offered a daily rate of more than £365 £400 £417
10% offered a daily rate of more than £675 £675 £638
UK excluding London average daily rate £475 £433 £383
% change year-on-year
+9.82% +13.07%
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
4451 3970 4497
As % of all contract IT jobs located in the UK 7.73% 7.52% 7.80%
Number of daily rates quoted 2693 2338 2482
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £250 £238
10% offered a daily rate of more than £555 £620 £600
UK excluding London average daily rate £375 £354 £363
% change year-on-year
+6.00% -2.41%
Number of hourly rates quoted 220 161 237
Average hourly rate £19.75 £17.50 £20.00
Average hourly rate % change year-on-year
+12.85% -12.50%
90% offered a hourly rate of more than £12.00 £10.50 £11.00
10% offered a hourly rate of more than £45.00 £37.50 £41.94
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 September 2014.

Basel III Daily Rate Histogram in the UK

Basel III
Top 5 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 September 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 -71 49 £525 -4.54% 6
London -52 39 £550 - 5
City of London +9 10 £550 +4.76% 3
Scotland - - - - 1
Glasgow - - - -

Basel III
Top 30 Related IT Skills

For the 6 months to 19 September 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 81 (62.79%) Finance
1 81 (62.79%) Banking
2 45 (34.88%) Investment Banking
2 45 (34.88%) SQL
3 37 (28.68%) Credit Risk
4 28 (21.71%) Basel II
5 27 (20.93%) Data Modelling
6 26 (20.16%) Business Analysis
7 25 (19.38%) Derivative
8 24 (18.60%) Stakeholder Management
9 23 (17.83%) Analytical Skills
10 20 (15.50%) Project Management
11 19 (14.73%) GAP Analysis
11 19 (14.73%) Market Risk
12 18 (13.95%) Analytics
12 18 (13.95%) MS Visio
12 18 (13.95%) BPR
12 18 (13.95%) Agile Software Development
13 17 (13.18%) Risk Management
13 17 (13.18%) Solvency II
14 16 (12.40%) Requirements Analysis
14 16 (12.40%) SSADM
14 16 (12.40%) DSDM
14 16 (12.40%) SQL Server
14 16 (12.40%) UML
15 15 (11.63%) Credit Derivative
15 15 (11.63%) TDD
15 15 (11.63%) BPMN
15 15 (11.63%) Business Transformation
16 14 (10.85%) CRD IV

Basel III
Top Related IT Skills by Category

For the 6 months to 19 September 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 4 (3.10%) SAS
2 1 (0.78%) Oracle Coherence
Applications
1 18 (13.95%) MS Visio
2 8 (6.20%) MS Excel
3 5 (3.88%) MS PowerPoint
4 4 (3.10%) MS Office
5 1 (0.78%) Spreadsheet
Communications & Networking
1 4 (3.10%) FTP
2 2 (1.55%) 4G
Database & Business Intelligence
1 16 (12.40%) SQL Server
2 11 (8.53%) SQL Server Integration Services
3 9 (6.98%) Oracle Database
4 8 (6.20%) Data Warehouse
5 6 (4.65%) SQL Server Analysis Services
5 6 (4.65%) SQL Server 2008
6 5 (3.88%) SQL Server 2005
6 5 (3.88%) Relational Database
7 4 (3.10%) SQL Server Reporting Services
8 2 (1.55%) OLTP
8 2 (1.55%) RDBMS
8 2 (1.55%) Data Mart
9 1 (0.78%) Oracle Reports
9 1 (0.78%) MS Access
9 1 (0.78%) Base SAS
9 1 (0.78%) Oracle BI EE
Development Applications
1 5 (3.88%) MSTest
2 3 (2.33%) Subversion
2 3 (2.33%) TeamCity
2 3 (2.33%) Moq
3 2 (1.55%) Jenkins
4 1 (0.78%) ERwin
4 1 (0.78%) JIRA
General
1 81 (62.79%) Finance
1 81 (62.79%) Banking
2 45 (34.88%) Investment Banking
3 12 (9.30%) Front Office
4 6 (4.65%) Financial Institution
5 4 (3.10%) Retail
6 3 (2.33%) Back Office
6 3 (2.33%) French Language
7 2 (1.55%) Dutch Language
7 2 (1.55%) General Ledger
8 1 (0.78%) Retail Banking
8 1 (0.78%) Legal
Job Titles
1 92 (71.32%) Analyst
2 81 (62.79%) Business Analyst
3 20 (15.50%) Senior Analyst
3 20 (15.50%) Senior Business Analyst
4 18 (13.95%) Developer
5 12 (9.30%) Credit Risk Analyst
6 11 (8.53%) Risk Analyst
6 11 (8.53%) Credit Risk Business Analyst
7 10 (7.75%) Project Manager
8 9 (6.98%) Architect
9 7 (5.43%) Banking Business Analyst
10 6 (4.65%) Investment Banking Business Analyst
10 6 (4.65%) Quantitative Developer
11 5 (3.88%) Business Architect
11 5 (3.88%) Credit Analyst
11 5 (3.88%) C++ Developer
11 5 (3.88%) C# Developer
11 5 (3.88%) C++ Quantitative Developer
12 4 (3.10%) Senior Architect
12 4 (3.10%) Financial Business Analyst
Libraries, Frameworks & Software Standards
1 10 (7.75%) .NET
2 6 (4.65%) ADO.NET Entity Framework
2 6 (4.65%) .NET Framework
3 5 (3.88%) WPF
4 3 (2.33%) Ninject
5 2 (1.55%) LINQ
6 1 (0.78%) Task Parallel Library
6 1 (0.78%) jQuery
Miscellaneous
1 37 (28.68%) Credit Risk
2 25 (19.38%) Derivative
3 23 (17.83%) Analytical Skills
4 19 (14.73%) Market Risk
5 15 (11.63%) Credit Derivative
6 14 (10.85%) Equities
7 5 (3.88%) Fixed Income
8 3 (2.33%) Foreign Exchange (FX)
9 2 (1.55%) Grid Computing
10 1 (0.78%) Hybrid Derivative
10 1 (0.78%) Interest Rate Derivative
10 1 (0.78%) Equity Derivative
10 1 (0.78%) Client/Server
10 1 (0.78%) Management Information System
10 1 (0.78%) Mainframe
10 1 (0.78%) Data Integration
10 1 (0.78%) Hedge funds
10 1 (0.78%) Mathematics
10 1 (0.78%) Applied Mathematics
Operating Systems
1 6 (4.65%) UNIX
2 5 (3.88%) Windows
2 5 (3.88%) Linux
Processes & Methodologies
1 27 (20.93%) Data Modelling
2 26 (20.16%) Business Analysis
3 24 (18.60%) Stakeholder Management
4 20 (15.50%) Project Management
5 19 (14.73%) GAP Analysis
6 18 (13.95%) Analytics
6 18 (13.95%) BPR
6 18 (13.95%) Agile Software Development
7 17 (13.18%) Risk Management
8 16 (12.40%) Requirements Analysis
8 16 (12.40%) SSADM
8 16 (12.40%) DSDM
8 16 (12.40%) UML
9 15 (11.63%) TDD
9 15 (11.63%) BPMN
9 15 (11.63%) Business Transformation
10 14 (10.85%) User Acceptance Testing
11 13 (10.08%) Risk Analytics
12 11 (8.53%) Stress Testing
12 11 (8.53%) Manual Testing
Programming Languages
1 45 (34.88%) SQL
2 13 (10.08%) C#
3 9 (6.98%) C++
4 8 (6.20%) VBA
5 7 (5.43%) Python
6 5 (3.88%) Perl
7 4 (3.10%) Java
8 1 (0.78%) C
8 1 (0.78%) MATLAB
8 1 (0.78%) JCL
8 1 (0.78%) F#
Qualifications
1 10 (7.75%) Degree
2 1 (0.78%) MBA
2 1 (0.78%) PMP
2 1 (0.78%) PMI Certification
2 1 (0.78%) IIBA
2 1 (0.78%) CBAP
Quality Assurance & Compliance
1 28 (21.71%) Basel II
2 17 (13.18%) Solvency II
3 14 (10.85%) CRD IV
4 11 (8.53%) COREP
5 9 (6.98%) FINREP
6 5 (3.88%) Dodd-Frank
7 4 (3.10%) FATCA
7 4 (3.10%) EMIR
8 3 (2.33%) QA
9 2 (1.55%) MiFID
9 2 (1.55%) Data Quality
10 1 (0.78%) Sarbanes-Oxley
Systems Management
1 1 (0.78%) HP Quality Center
Vendors
1 12 (9.30%) Oracle
2 10 (7.75%) Microsoft
3 4 (3.10%) Sybase
3 4 (3.10%) Business Objects
4 3 (2.33%) Informatica
5 2 (1.55%) Teradata
6 1 (0.78%) SAP
6 1 (0.78%) Calypso
6 1 (0.78%) HP
6 1 (0.78%) Cognos
6 1 (0.78%) TIBCO
6 1 (0.78%) Remedy
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Depending on exp
Posted: 15 days ago
Edinburgh
Cathcart Associates
Rate: £350 - £450 per day
Posted: 23 days ago