The table below looks at the statistics for Basel III skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Basel III over the 3 months to 24 August 2016 with a comparison to the same period over 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.

3 months to
24 Aug 2016
Same period 2015 Same period 2014
Basel III
Rank 633 617 571
Rank change year-on-year
-16 -46
Contract jobs citing Basel III 28 45 53
As % of all contract IT jobs located in the UK 0.051% 0.077% 0.096%
As % of the Quality Assurance & Compliance category 0.55% 0.82% 1.00%
Number of daily rates quoted 22 40 41
Median daily rate £513 £594 £525
Median daily rate % change year-on-year
-13.68% +13.09%
90% offered a daily rate of more than £414 £448 £400
10% offered a daily rate of more than £717 £646 £675
UK excluding London median daily rate £425 £500 £500
% change year-on-year
-15.00% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
5080 5481 5293
As % of all contract IT jobs located in the UK 9.32% 9.38% 9.54%
Number of daily rates quoted 3272 3461 3255
Median daily rate £425 £425 £410
Median daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £250 £255 £230
10% offered a daily rate of more than £575 £600 £560
UK excluding London median daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 196 216 215
Median hourly rate £28.00 £24.00 £19.50
Median hourly rate % change year-on-year
+16.66% +23.07%
90% offered a hourly rate of more than £10.50 £12.00 £12.00
10% offered a hourly rate of more than £46.90 £60.80 £43.00
UK excluding London median hourly rate £28.15 £25.00 £20.00
% change year-on-year
+12.60% +25.00%

Basel III
Jobs Demand Trend

The demand trend of contract jobs citing Basel III as a proportion of all IT contracts with a match in 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 August 2016.

Basel III Daily Rate Histogram in the UK

Basel III
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Basel III within the UK over the 3 months to 24 August 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -16 27 £513 -13.68% 3
London -9 26 £525 -12.50% 3
City of London +25 8 £508 -15.41% 3
Birmingham - 1 £425 -
West Midlands - 1 £425 -
Edinburgh - 1 - -
Scotland - 1 - -

Basel III
Top 30 Related IT Skills

For the 6 months to 24 August 2016, IT contractor jobs citing Basel III also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Basel III.

1 33 (71.74%) Finance
2 25 (54.35%) Banking
3 20 (43.48%) Credit Risk
4 15 (32.61%) SQL
5 14 (30.43%) Risk Management
6 11 (23.91%) Retail
7 10 (21.74%) Business Analysis
8 9 (19.57%) COREP
8 9 (19.57%) Investment Banking
8 9 (19.57%) User Acceptance Testing
8 9 (19.57%) Market Risk
8 9 (19.57%) Project Management
9 8 (17.39%) Basel II
9 8 (17.39%) MS Excel
10 7 (15.22%) Front Office
10 7 (15.22%) CRD IV
11 6 (13.04%) Fixed Income
11 6 (13.04%) MS Visio
11 6 (13.04%) Migration
11 6 (13.04%) Data Analysis
11 6 (13.04%) Test Scripting
12 5 (10.87%) Retail Banking
12 5 (10.87%) COBIT
12 5 (10.87%) MS PowerPoint
12 5 (10.87%) Risk Assessment
12 5 (10.87%) CISSP
12 5 (10.87%) MS Office
12 5 (10.87%) ITIL
12 5 (10.87%) Sarbanes-Oxley
12 5 (10.87%) CISA

Basel III
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (6.52%) SharePoint
2 2 (4.35%) SAS
Applications
1 8 (17.39%) MS Excel
2 6 (13.04%) MS Visio
3 5 (10.87%) MS Office
3 5 (10.87%) MS PowerPoint
4 2 (4.35%) Spreadsheet
Database & Business Intelligence
1 3 (6.52%) Data Mining
2 2 (4.35%) Data Warehouse
2 2 (4.35%) MS Access
2 2 (4.35%) SAS Enterprise Guide
2 2 (4.35%) SQL Server
3 1 (2.17%) Big Data
3 1 (2.17%) BusinessObjects
3 1 (2.17%) Oracle Reports
3 1 (2.17%) QlikView
3 1 (2.17%) SQL Server Integration Services
3 1 (2.17%) SQL Server Reporting Services
Development Applications
1 1 (2.17%) VSS/SourceSafe
General
1 33 (71.74%) Finance
2 25 (54.35%) Banking
3 11 (23.91%) Retail
4 9 (19.57%) Investment Banking
5 7 (15.22%) Front Office
6 5 (10.87%) Retail Banking
7 2 (4.35%) Back Office
7 2 (4.35%) Corporate Banking
7 2 (4.35%) General Ledger
Job Titles
1 29 (63.04%) Analyst
2 23 (50.00%) Business Analyst
3 12 (26.09%) Risk Analyst
4 10 (21.74%) Risk Business Analyst
5 8 (17.39%) Credit Analyst
5 8 (17.39%) Credit Risk Analyst
6 7 (15.22%) Credit Risk Business Analyst
7 6 (13.04%) Project Manager
8 4 (8.70%) Banking Analyst
8 4 (8.70%) Banking Business Analyst
8 4 (8.70%) Finance Business Analyst
8 4 (8.70%) Financial Analyst
8 4 (8.70%) Market Risk Analyst
8 4 (8.70%) Market Risk Business Analyst
8 4 (8.70%) Report Analyst
8 4 (8.70%) Test Analyst
9 3 (6.52%) Regulatory Business Analyst
9 3 (6.52%) Regulatory Reporting Business Analyst
9 3 (6.52%) Risk Manager
9 3 (6.52%) SQL Analyst
Libraries, Frameworks & Software Standards
1 1 (2.17%) .NET
1 1 (2.17%) ASP.NET
1 1 (2.17%) ASP.NET MVC
1 1 (2.17%) XML
Miscellaneous
1 20 (43.48%) Credit Risk
2 9 (19.57%) Market Risk
3 6 (13.04%) Fixed Income
4 4 (8.70%) Management Information System
5 3 (6.52%) Reference Data
6 2 (4.35%) Analytical Skills
6 2 (4.35%) Derivative
6 2 (4.35%) Equities
7 1 (2.17%) Contract for Difference
7 1 (2.17%) Foreign Exchange (FX)
7 1 (2.17%) Hedge funds
Processes & Methodologies
1 14 (30.43%) Risk Management
2 10 (21.74%) Business Analysis
3 9 (19.57%) Project Management
3 9 (19.57%) User Acceptance Testing
4 6 (13.04%) Data Analysis
4 6 (13.04%) Migration
4 6 (13.04%) Test Scripting
5 5 (10.87%) ITIL
5 5 (10.87%) Regulatory Compliance
5 5 (10.87%) Risk Assessment
6 4 (8.70%) Information Security
6 4 (8.70%) Quality Management
6 4 (8.70%) Translating Business Requirements
7 3 (6.52%) Defect Management
7 3 (6.52%) Disaster Recovery
7 3 (6.52%) Internal Audit
7 3 (6.52%) SDLC
7 3 (6.52%) Security Testing
7 3 (6.52%) Stakeholder Management
7 3 (6.52%) Stress Testing
Programming Languages
1 15 (32.61%) SQL
2 4 (8.70%) VBA
3 2 (4.35%) C#
3 2 (4.35%) Python
4 1 (2.17%) C
4 1 (2.17%) PL/SQL
4 1 (2.17%) SAS Macro
4 1 (2.17%) T-SQL
Qualifications
1 5 (10.87%) CISA
1 5 (10.87%) CISM
1 5 (10.87%) CISSP
1 5 (10.87%) CRISC
2 2 (4.35%) Degree
2 2 (4.35%) ISEB
3 1 (2.17%) A+ Certification
3 1 (2.17%) ISEB Practitioner
Quality Assurance & Compliance
1 9 (19.57%) COREP
2 8 (17.39%) Basel II
3 7 (15.22%) CRD IV
4 5 (10.87%) COBIT
4 5 (10.87%) Sarbanes-Oxley
5 2 (4.35%) Data Quality
6 1 (2.17%) Dodd-Frank
6 1 (2.17%) EMIR
6 1 (2.17%) MiFID
Systems Management
1 3 (6.52%) HP Quality Center
Vendors
1 3 (6.52%) Microsoft
2 2 (4.35%) Oracle
3 1 (2.17%) HP
3 1 (2.17%) ION Trading
3 1 (2.17%) JD Edwards
3 1 (2.17%) Perforce