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 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Basel III
Rank 540 477 424
Rank change year-on-year
-63 -53
Contract jobs citing Basel III 36 99 109
As % of all contract IT jobs located in the UK 0.068% 0.19% 0.24%
As % of the Quality Assurance & Compliance category 0.88% 2.47% 3.33%
Number of daily rates quoted 32 70 81
Average daily rate
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£508 £600 £575
Average daily rate % change year-on-year
-15.41% +4.34%
90% offered a daily rate of more than £265 £450 £383
10% offered a daily rate of more than £694 £700 £680
UK excluding London average daily rate £500 £488 £385
% change year-on-year
+2.51% +26.68%
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
4103 4008 3274
As % of all contract IT jobs located in the UK 7.81% 7.84% 7.30%
Number of daily rates quoted 2399 2352 1844
Average daily rate £400 £400 £400
90% offered a daily rate of more than £225 £242 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 139 147 203
Average hourly rate £19.00 £16.00 £21.90
Average hourly rate % change year-on-year
+18.75% -26.92%
90% offered a hourly rate of more than £11.00 £10.50 £10.50
10% offered a hourly rate of more than £49.50 £43.34 £47.75
UK excluding London average hourly rate £19.00 £16.00 £20.00
% change year-on-year
+18.75% -20.00%

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 2 March 2015.

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 2 March 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 -90 36 £508 -15.41% 15
London -49 27 £550 -8.33% 15
City of London -14 8 £538 -10.41% 4

Basel III
Top 30 Related IT Skills

For the 6 months to 2 March 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 57 (70.37%) Finance
2 54 (66.67%) Banking
3 26 (32.10%) Basel II
3 26 (32.10%) Investment Banking
4 25 (30.86%) Stakeholder Management
5 23 (28.40%) Solvency II
6 22 (27.16%) Data Modelling
7 19 (23.46%) SQL
7 19 (23.46%) Credit Risk
8 18 (22.22%) Requirements Analysis
8 18 (22.22%) UML
8 18 (22.22%) MS Visio
8 18 (22.22%) GAP Analysis
9 17 (20.99%) Business Analysis
10 16 (19.75%) BPMN
10 16 (19.75%) BPR
10 16 (19.75%) SSADM
10 16 (19.75%) DSDM
10 16 (19.75%) Business Transformation
11 10 (12.35%) COREP
11 10 (12.35%) Stress Testing
11 10 (12.35%) Agile Software Development
12 9 (11.11%) Derivative
12 9 (11.11%) Market Risk
12 9 (11.11%) Risk Management
12 9 (11.11%) CRD IV
12 9 (11.11%) Analytical Skills
12 9 (11.11%) Analytics
13 8 (9.88%) Project Management
13 8 (9.88%) MS Office

Basel III
Top Related IT Skills by Category

For the 6 months to 2 March 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 (1.23%) Apache Spark
Applications
1 18 (22.22%) MS Visio
2 8 (9.88%) MS Office
3 4 (4.94%) MS PowerPoint
4 3 (3.70%) MS Excel
5 1 (1.23%) Spreadsheet
5 1 (1.23%) MS Project
Business Applications
1 1 (1.23%) Adaptiv
Communications & Networking
1 2 (2.47%) IMAP
2 1 (1.23%) 4G
Database & Business Intelligence
1 5 (6.17%) Big Data
1 5 (6.17%) Relational Database
2 4 (4.94%) Data Warehouse
2 4 (4.94%) Hadoop
3 3 (3.70%) Apache Hive
3 3 (3.70%) RDBMS
3 3 (3.70%) Impala
4 2 (2.47%) Oracle Database
5 1 (1.23%) QlikView
5 1 (1.23%) BusinessObjects XI
5 1 (1.23%) SQL Server Analysis Services
5 1 (1.23%) HBase
5 1 (1.23%) OLAP
5 1 (1.23%) Oracle Reports
Development Applications
1 1 (1.23%) ERwin
General
1 57 (70.37%) Finance
2 54 (66.67%) Banking
3 26 (32.10%) Investment Banking
4 4 (4.94%) Retail
4 4 (4.94%) Financial Institution
5 2 (2.47%) Front Office
6 1 (1.23%) Back Office
6 1 (1.23%) General Ledger
Job Titles
1 48 (59.26%) Analyst
2 42 (51.85%) Business Analyst
3 17 (20.99%) Senior Business Analyst
3 17 (20.99%) Senior Analyst
4 10 (12.35%) Project Manager
5 9 (11.11%) Developer
6 6 (7.41%) Banking Business Analyst
7 5 (6.17%) Test Leader
7 5 (6.17%) Architect
8 3 (3.70%) Technical Architect
8 3 (3.70%) Market Risk Analyst
8 3 (3.70%) Credit Risk Business Analyst
8 3 (3.70%) Market Risk Business Analyst
8 3 (3.70%) Credit Risk Analyst
9 2 (2.47%) Investment Banking Business Analyst
9 2 (2.47%) Lead Business Analyst
9 2 (2.47%) Credit Risk Project Manager
9 2 (2.47%) C++ Quantitative Developer
9 2 (2.47%) Solvency II Business Analyst
9 2 (2.47%) Hadoop Developer
Libraries, Frameworks & Software Standards
1 4 (4.94%) XBRL
2 2 (2.47%) HTML5
2 2 (2.47%) HTML
3 1 (1.23%) .NET
3 1 (1.23%) JMS
3 1 (1.23%) REST
3 1 (1.23%) Akka
3 1 (1.23%) Play Framework
3 1 (1.23%) Hibernate
3 1 (1.23%) Spring
3 1 (1.23%) WPF
Miscellaneous
1 19 (23.46%) Credit Risk
2 9 (11.11%) Market Risk
2 9 (11.11%) Analytical Skills
2 9 (11.11%) Derivative
3 4 (4.94%) Credit Derivative
4 3 (3.70%) Equities
5 2 (2.47%) Economics
5 2 (2.47%) Data Structures
5 2 (2.47%) Algorithms
5 2 (2.47%) Reference Data
6 1 (1.23%) Data Integration
6 1 (1.23%) Hedge funds
6 1 (1.23%) Foreign Exchange (FX)
6 1 (1.23%) Management Information System
6 1 (1.23%) Replication
6 1 (1.23%) Fixed Income
Operating Systems
1 2 (2.47%) Windows
1 2 (2.47%) Linux
Processes & Methodologies
1 25 (30.86%) Stakeholder Management
2 22 (27.16%) Data Modelling
3 18 (22.22%) GAP Analysis
3 18 (22.22%) UML
3 18 (22.22%) Requirements Analysis
4 17 (20.99%) Business Analysis
5 16 (19.75%) BPMN
5 16 (19.75%) SSADM
5 16 (19.75%) DSDM
5 16 (19.75%) BPR
5 16 (19.75%) Business Transformation
6 10 (12.35%) Agile Software Development
6 10 (12.35%) Stress Testing
7 9 (11.11%) Risk Management
7 9 (11.11%) Analytics
8 8 (9.88%) Project Management
9 7 (8.64%) Data Analysis
10 5 (6.17%) User Acceptance Testing
11 4 (4.94%) Validation
11 4 (4.94%) Use Case
Programming Languages
1 19 (23.46%) SQL
2 4 (4.94%) VBA
2 4 (4.94%) Java
3 2 (2.47%) C#
3 2 (2.47%) C++
4 1 (1.23%) Scala
Qualifications
1 3 (3.70%) Degree
2 1 (1.23%) VCP4
2 1 (1.23%) Postgraduate
2 1 (1.23%) PMP
2 1 (1.23%) PMI Certification
Quality Assurance & Compliance
1 26 (32.10%) Basel II
2 23 (28.40%) Solvency II
3 10 (12.35%) COREP
4 9 (11.11%) CRD IV
5 6 (7.41%) QA
5 6 (7.41%) FINREP
5 6 (7.41%) EMIR
6 5 (6.17%) MiFID
7 4 (4.94%) Dodd-Frank
8 1 (1.23%) FATCA
8 1 (1.23%) Sarbanes-Oxley
System Software
1 3 (3.70%) Apache Flume
2 2 (2.47%) HDFS
Systems Management
1 2 (2.47%) Oozie
Vendors
1 3 (3.70%) Oracle
1 3 (3.70%) Microsoft
2 2 (2.47%) Business Objects
2 2 (2.47%) Cognos
3 1 (1.23%) Sybase
3 1 (1.23%) SunGard
3 1 (1.23%) HP
City, London
Aston Carter
Rate: £500 - £800 per day
Posted: 2 hours ago
London
Joseph Harry Ltd
Posted: 9 hours ago
London
Joseph Harry Ltd
Posted: 9 hours ago
London
Hydrogen Group
Rate: £300.00 - £400.00 per day
Posted: 3 days ago
City, London
Oscar Associates (UK) Ltd
Posted: 4 days ago
London
Hydrogen Group
Rate: £550.00 - £700.00 per day
Posted: 6 days ago