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 21 October 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
21 Oct 2014
Same period 2013 Same period 2012
Basel III
Rank 557 489 430
Rank change year-on-year
-68 -59
Contract jobs citing Basel III 61 97 156
As % of all contract IT jobs located in the UK 0.10% 0.18% 0.28%
As % of the Quality Assurance & Compliance category 1.37% 2.54% 3.54%
Number of daily rates quoted 49 55 140
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 £443 £400 £425
10% offered a daily rate of more than £655 £650 £650
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
4465 3817 4407
As % of all contract IT jobs located in the UK 7.67% 7.26% 7.89%
Number of daily rates quoted 2799 2317 2545
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £220 £250 £241
10% offered a daily rate of more than £600 £605 £600
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 224 142 235
Average hourly rate £19.00 £17.50 £19.40
Average hourly rate % change year-on-year
+8.57% -9.79%
90% offered a hourly rate of more than £11.40 £11.00 £11.00
10% offered a hourly rate of more than £45.00 £37.50 £42.00
UK excluding London average hourly rate £18.50 £17.50 £19.25
% change year-on-year
+5.71% -9.09%

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 21 October 2014.

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 21 October 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 -64 58 £525 -4.54% 16
London -45 51 £550 - 16
City of London +8 8 £525 -2.32% 5

Basel III
Top 30 Related IT Skills

For the 6 months to 21 October 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 76 (66.09%) Banking
2 73 (63.48%) Finance
3 46 (40.00%) Investment Banking
4 32 (27.83%) Credit Risk
5 31 (26.96%) SQL
6 27 (23.48%) Basel II
7 26 (22.61%) Stakeholder Management
8 25 (21.74%) Business Analysis
9 24 (20.87%) Data Modelling
10 21 (18.26%) Solvency II
10 21 (18.26%) Analytical Skills
11 20 (17.39%) Market Risk
11 20 (17.39%) GAP Analysis
12 18 (15.65%) MS Visio
12 18 (15.65%) Risk Management
13 17 (14.78%) Agile Software Development
13 17 (14.78%) Derivative
13 17 (14.78%) Requirements Analysis
13 17 (14.78%) UML
13 17 (14.78%) BPR
13 17 (14.78%) Project Management
14 16 (13.91%) SSADM
14 16 (13.91%) DSDM
15 15 (13.04%) TDD
15 15 (13.04%) BPMN
15 15 (13.04%) Business Transformation
16 13 (11.30%) Analytics
16 13 (11.30%) Credit Derivative
17 12 (10.43%) SQL Server
18 11 (9.57%) C#

Basel III
Top Related IT Skills by Category

For the 6 months to 21 October 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 3 (2.61%) SAS
2 1 (0.87%) Oracle Coherence
Applications
1 18 (15.65%) MS Visio
2 7 (6.09%) MS Office
2 7 (6.09%) MS Excel
3 6 (5.22%) MS PowerPoint
4 1 (0.87%) Spreadsheet
4 1 (0.87%) MS Project
Communications & Networking
1 4 (3.48%) FTP
2 2 (1.74%) 4G
Database & Business Intelligence
1 12 (10.43%) SQL Server
2 9 (7.83%) SQL Server Integration Services
3 8 (6.96%) Oracle Database
4 5 (4.35%) Relational Database
4 5 (4.35%) SQL Server 2005
4 5 (4.35%) SQL Server 2008
5 4 (3.48%) SQL Server Analysis Services
5 4 (3.48%) Data Warehouse
6 2 (1.74%) OLTP
6 2 (1.74%) RDBMS
6 2 (1.74%) SQL Server Reporting Services
7 1 (0.87%) Data Mart
7 1 (0.87%) Base SAS
7 1 (0.87%) Oracle BI EE
7 1 (0.87%) Big Data
7 1 (0.87%) Oracle Reports
7 1 (0.87%) MS Access
Development Applications
1 5 (4.35%) MSTest
2 3 (2.61%) Moq
2 3 (2.61%) Subversion
2 3 (2.61%) TeamCity
3 2 (1.74%) Jenkins
3 2 (1.74%) ERwin
General
1 76 (66.09%) Banking
2 73 (63.48%) Finance
3 46 (40.00%) Investment Banking
4 9 (7.83%) Front Office
5 6 (5.22%) Retail
6 3 (2.61%) Financial Institution
6 3 (2.61%) General Ledger
7 2 (1.74%) Dutch Language
7 2 (1.74%) French Language
7 2 (1.74%) Back Office
8 1 (0.87%) Legal
Job Titles
1 78 (67.83%) Analyst
2 66 (57.39%) Business Analyst
3 21 (18.26%) Senior Business Analyst
3 21 (18.26%) Senior Analyst
4 15 (13.04%) Developer
5 13 (11.30%) Architect
6 12 (10.43%) Project Manager
7 8 (6.96%) Banking Business Analyst
8 7 (6.09%) Investment Banking Business Analyst
8 7 (6.09%) Risk Analyst
9 5 (4.35%) C++ Developer
9 5 (4.35%) Business Architect
9 5 (4.35%) Quantitative Developer
9 5 (4.35%) Credit Risk Analyst
9 5 (4.35%) C++ Quantitative Developer
10 4 (3.48%) Senior Architect
10 4 (3.48%) Credit Risk Business Analyst
11 3 (2.61%) C# Developer
11 3 (2.61%) .NET Developer
11 3 (2.61%) Technical Architect
Libraries, Frameworks & Software Standards
1 7 (6.09%) .NET
2 5 (4.35%) .NET Framework
2 5 (4.35%) WPF
2 5 (4.35%) ADO.NET Entity Framework
3 3 (2.61%) Ninject
Miscellaneous
1 32 (27.83%) Credit Risk
2 21 (18.26%) Analytical Skills
3 20 (17.39%) Market Risk
4 17 (14.78%) Derivative
5 13 (11.30%) Credit Derivative
6 10 (8.70%) Equities
7 8 (6.96%) Data Structures
8 5 (4.35%) Algorithms
9 2 (1.74%) Grid Computing
9 2 (1.74%) Foreign Exchange (FX)
10 1 (0.87%) Mainframe
10 1 (0.87%) Management Information System
10 1 (0.87%) Fixed Income
10 1 (0.87%) Economics
10 1 (0.87%) Reference Data
10 1 (0.87%) Hedge funds
Operating Systems
1 5 (4.35%) Windows
1 5 (4.35%) Linux
2 3 (2.61%) UNIX
Processes & Methodologies
1 26 (22.61%) Stakeholder Management
2 25 (21.74%) Business Analysis
3 24 (20.87%) Data Modelling
4 20 (17.39%) GAP Analysis
5 18 (15.65%) Risk Management
6 17 (14.78%) Agile Software Development
6 17 (14.78%) Requirements Analysis
6 17 (14.78%) BPR
6 17 (14.78%) Project Management
6 17 (14.78%) UML
7 16 (13.91%) SSADM
7 16 (13.91%) DSDM
8 15 (13.04%) TDD
8 15 (13.04%) BPMN
8 15 (13.04%) Business Transformation
9 13 (11.30%) Analytics
10 11 (9.57%) Test Strategy
11 10 (8.70%) Risk Analytics
11 10 (8.70%) Manual Testing
12 9 (7.83%) Stress Testing
Programming Languages
1 31 (26.96%) SQL
2 11 (9.57%) C#
3 7 (6.09%) VBA
4 5 (4.35%) C++
5 2 (1.74%) Java
5 2 (1.74%) Perl
5 2 (1.74%) Python
6 1 (0.87%) JCL
Qualifications
1 9 (7.83%) Degree
2 2 (1.74%) PMP
2 2 (1.74%) PMI Certification
3 1 (0.87%) MBA
3 1 (0.87%) IIBA
3 1 (0.87%) CBAP
Quality Assurance & Compliance
1 27 (23.48%) Basel II
2 21 (18.26%) Solvency II
3 11 (9.57%) COREP
4 5 (4.35%) CRD IV
5 4 (3.48%) Dodd-Frank
6 3 (2.61%) EMIR
7 2 (1.74%) FINREP
7 2 (1.74%) FATCA
7 2 (1.74%) MiFID
8 1 (0.87%) QA
8 1 (0.87%) Data Quality
8 1 (0.87%) Sarbanes-Oxley
Vendors
1 11 (9.57%) Oracle
2 7 (6.09%) Microsoft
3 5 (4.35%) Business Objects
4 3 (2.61%) Informatica
4 3 (2.61%) Sybase
5 2 (1.74%) Teradata
6 1 (0.87%) Remedy
6 1 (0.87%) Calypso
London
Harrington Starr
Rate: £500 - £600 per week
Posted: 10 hours ago
City of London
iKonnect
Rate: £700 - £800 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 4 days ago
London
Aston Carter
Rate: £450 - £575 per day
Posted: 5 days ago
Docklands
iKonnect
Rate: £500 - £610 per day
Posted: 14 days ago
London
Orgtel
Rate: £550 - £650 per day
Posted: 27 days ago