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 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Basel III
Rank 549 471 384
Rank change year-on-year
-78 -87
Contract jobs citing Basel III 57 108 215
As % of all contract IT jobs located in the UK 0.10% 0.20% 0.37%
As % of the Quality Assurance & Compliance category 1.28% 2.80% 4.70%
Number of daily rates quoted 43 59 191
Average 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 £403 £400 £420
10% offered a daily rate of more than £675 £655 £650
UK excluding London average daily rate £500 £431 £418
% change year-on-year
+15.94% +3.29%
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
4465 3864 4570
As % of all contract IT jobs located in the UK 7.89% 7.33% 7.90%
Number of daily rates quoted 2707 2272 2485
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £263 £243
10% offered a daily rate of more than £550 £625 £600
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 203 162 250
Average hourly rate £19.50 £17.50 £20.00
Average hourly rate % change year-on-year
+11.42% -12.50%
90% offered a hourly rate of more than £12.00 £10.00 £11.00
10% offered a hourly rate of more than £45.00 £37.50 £41.00
UK excluding London average hourly rate £19.75 £17.50 £21.25
% change year-on-year
+12.85% -17.64%

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 29 August 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 29 August 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 53 £525 -4.54% 7
London -44 41 £575 +4.54% 4
City of London -1 12 £575 +9.52% 1
Scotland - - - - 1
Glasgow - - - -

Basel III
Top 30 Related IT Skills

For the 6 months to 29 August 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 87 (60.84%) Banking
2 84 (58.74%) Finance
3 52 (36.36%) SQL
4 43 (30.07%) Investment Banking
5 39 (27.27%) Credit Risk
6 34 (23.78%) Basel II
7 31 (21.68%) Data Modelling
8 30 (20.98%) Business Analysis
9 26 (18.18%) Derivative
10 25 (17.48%) Stakeholder Management
11 23 (16.08%) Market Risk
12 22 (15.38%) CRD IV
13 21 (14.69%) Project Management
14 20 (13.99%) GAP Analysis
15 19 (13.29%) MS Visio
15 19 (13.29%) BPR
15 19 (13.29%) SQL Server
16 18 (12.59%) Solvency II
16 18 (12.59%) Analytics
16 18 (12.59%) User Acceptance Testing
17 17 (11.89%) Requirements Analysis
17 17 (11.89%) UML
17 17 (11.89%) SSADM
17 17 (11.89%) DSDM
17 17 (11.89%) Front Office
18 16 (11.19%) Risk Management
18 16 (11.19%) BPMN
18 16 (11.19%) Business Transformation
19 14 (9.79%) COREP
19 14 (9.79%) Degree

Basel III
Top Related IT Skills by Category

For the 6 months to 29 August 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 (2.80%) SAS
2 1 (0.70%) Oracle Coherence
Applications
1 19 (13.29%) MS Visio
2 9 (6.29%) MS Excel
3 6 (4.20%) MS PowerPoint
4 5 (3.50%) MS Office
5 3 (2.10%) MS Project
6 1 (0.70%) Spreadsheet
Communications & Networking
1 4 (2.80%) FTP
2 2 (1.40%) 4G
Database & Business Intelligence
1 19 (13.29%) SQL Server
2 11 (7.69%) SQL Server Integration Services
3 9 (6.29%) Data Warehouse
4 7 (4.90%) Oracle Database
5 6 (4.20%) SQL Server 2008
5 6 (4.20%) SQL Server Analysis Services
6 5 (3.50%) SQL Server 2005
7 4 (2.80%) SQL Server Reporting Services
8 3 (2.10%) Relational Database
9 2 (1.40%) Data Mart
9 2 (1.40%) OLTP
9 2 (1.40%) RDBMS
10 1 (0.70%) Oracle Reports
10 1 (0.70%) MS Access
10 1 (0.70%) Base SAS
10 1 (0.70%) Oracle BI EE
Development Applications
1 5 (3.50%) MSTest
2 3 (2.10%) Moq
2 3 (2.10%) TeamCity
2 3 (2.10%) Subversion
3 2 (1.40%) Jenkins
4 1 (0.70%) JIRA
4 1 (0.70%) ERwin
4 1 (0.70%) ProC
General
1 87 (60.84%) Banking
2 84 (58.74%) Finance
3 43 (30.07%) Investment Banking
4 17 (11.89%) Front Office
5 7 (4.90%) Retail
6 6 (4.20%) Financial Institution
7 3 (2.10%) French Language
7 3 (2.10%) Retail Banking
7 3 (2.10%) Back Office
8 2 (1.40%) Legal
8 2 (1.40%) General Ledger
8 2 (1.40%) Dutch Language
Job Titles
1 100 (69.93%) Analyst
2 91 (63.64%) Business Analyst
3 21 (14.69%) Senior Business Analyst
3 21 (14.69%) Senior Analyst
4 17 (11.89%) Developer
5 14 (9.79%) Project Manager
6 13 (9.09%) Risk Analyst
6 13 (9.09%) Credit Risk Analyst
7 12 (8.39%) Credit Risk Business Analyst
8 9 (6.29%) Architect
9 8 (5.59%) Investment Banking Business Analyst
10 6 (4.20%) IT Business Analyst
10 6 (4.20%) Banking Business Analyst
11 5 (3.50%) C# Developer
11 5 (3.50%) Business Architect
11 5 (3.50%) Quantitative Developer
11 5 (3.50%) Credit Analyst
12 4 (2.80%) C++ Developer
12 4 (2.80%) Financial Business Analyst
12 4 (2.80%) C++ Quantitative Developer
Libraries, Frameworks & Software Standards
1 11 (7.69%) .NET
2 6 (4.20%) ADO.NET Entity Framework
2 6 (4.20%) .NET Framework
3 5 (3.50%) WPF
4 3 (2.10%) Ninject
5 2 (1.40%) LINQ
6 1 (0.70%) jQuery
6 1 (0.70%) Task Parallel Library
6 1 (0.70%) XML
6 1 (0.70%) FpML
Miscellaneous
1 39 (27.27%) Credit Risk
2 26 (18.18%) Derivative
3 23 (16.08%) Market Risk
4 14 (9.79%) Credit Derivative
5 12 (8.39%) Equities
6 7 (4.90%) Fixed Income
7 4 (2.80%) Foreign Exchange (FX)
8 2 (1.40%) Grid Computing
9 1 (0.70%) Mainframe
9 1 (0.70%) Management Information System
9 1 (0.70%) Client/Server
9 1 (0.70%) Hybrid Derivative
9 1 (0.70%) Reference Data
9 1 (0.70%) Data Integration
9 1 (0.70%) Enterprise Software
9 1 (0.70%) Interest Rate Derivative
9 1 (0.70%) Equity Derivative
9 1 (0.70%) Mathematics
9 1 (0.70%) Applied Mathematics
Operating Systems
1 8 (5.59%) UNIX
2 3 (2.10%) Windows
2 3 (2.10%) Linux
Processes & Methodologies
1 31 (21.68%) Data Modelling
2 30 (20.98%) Business Analysis
3 25 (17.48%) Stakeholder Management
4 21 (14.69%) Project Management
5 20 (13.99%) GAP Analysis
6 19 (13.29%) BPR
7 18 (12.59%) User Acceptance Testing
7 18 (12.59%) Analytics
8 17 (11.89%) Requirements Analysis
8 17 (11.89%) UML
8 17 (11.89%) SSADM
8 17 (11.89%) DSDM
9 16 (11.19%) Risk Management
9 16 (11.19%) Business Transformation
9 16 (11.19%) BPMN
10 13 (9.09%) TDD
11 12 (8.39%) ETL
12 11 (7.69%) Risk Analytics
13 10 (6.99%) Test Strategy
13 10 (6.99%) Stress Testing
Programming Languages
1 52 (36.36%) SQL
2 14 (9.79%) C#
3 9 (6.29%) C++
3 9 (6.29%) Python
4 7 (4.90%) VBA
5 6 (4.20%) Perl
6 5 (3.50%) Java
7 2 (1.40%) F#
8 1 (0.70%) C
8 1 (0.70%) JCL
8 1 (0.70%) MATLAB
Qualifications
1 14 (9.79%) Degree
2 1 (0.70%) IIBA
2 1 (0.70%) CBAP
2 1 (0.70%) PMP
2 1 (0.70%) PMI Certification
2 1 (0.70%) MBA
Quality Assurance & Compliance
1 34 (23.78%) Basel II
2 22 (15.38%) CRD IV
3 18 (12.59%) Solvency II
4 14 (9.79%) COREP
5 10 (6.99%) FINREP
6 8 (5.59%) QA
7 7 (4.90%) EMIR
7 7 (4.90%) Dodd-Frank
8 5 (3.50%) FATCA
9 2 (1.40%) Data Quality
9 2 (1.40%) MiFID
10 1 (0.70%) Sarbanes-Oxley
Systems Management
1 1 (0.70%) HP Quality Center
Vendors
1 11 (7.69%) Microsoft
2 10 (6.99%) Oracle
3 4 (2.80%) Sybase
3 4 (2.80%) Business Objects
4 3 (2.10%) Informatica
5 2 (1.40%) Teradata
5 2 (1.40%) Calypso
6 1 (0.70%) HP
6 1 (0.70%) Murex
6 1 (0.70%) SAP
6 1 (0.70%) Cognos
6 1 (0.70%) Brady
6 1 (0.70%) TIBCO
6 1 (0.70%) Remedy
Edinburgh, Midlothian
Cathcart Associates Ltd
Rate: £350 - £450 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £600 - £750 per day + Excellent & Neg
Posted: 10 days ago
Docklands
Interquest - ITQ Financial - Tunbridge Wells
Posted: 26 days ago