The table below looks at the statistics for CRD IV skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited CRD IV over the 3 months to 20 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
20 Oct 2014
Same period 2013 Same period 2012
Capital Requirements Directive IV (CDR 4)
Rank 620 559 545
Rank change year-on-year
-61 -14
Contract jobs citing CRD IV 9 22 34
As % of all contract IT jobs located in the UK 0.015% 0.042% 0.061%
As % of the Quality Assurance & Compliance category 0.20% 0.58% 0.78%
Number of daily rates quoted 6 12 34
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £563 £550
Average daily rate % change year-on-year
-15.55% +2.27%
90% offered a daily rate of more than £300 £400 £500
10% offered a daily rate of more than £600 £646 £650
UK excluding London average daily rate £450 £488 -
% change year-on-year
-7.69% -
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
4475 3814 4376
As % of all contract IT jobs located in the UK 7.68% 7.24% 7.81%
Number of daily rates quoted 2803 2305 2519
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 £241
10% offered a daily rate of more than £590 £613 £600
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 222 141 234
Average hourly rate £20.00 £17.50 £19.20
Average hourly rate % change year-on-year
+14.28% -8.85%
90% offered a hourly rate of more than £11.50 £10.65 £11.00
10% offered a hourly rate of more than £45.00 £37.50 £41.99
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

CRD IV
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing CRD IV within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

CRD IV Jobs Demand Trend in the UK

CRD IV
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing CRD IV within the UK.

CRD IV Daily Rate Trend in the UK

CRD IV
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing CRD IV within the UK over the 3 months to 20 October 2014.

CRD IV Daily Rate Histogram in the UK

CRD IV
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 CRD IV within the UK over the 3 months to 20 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 -40 9 £475 -17.39% 5
London +2 8 £500 -14.16% 5
City of London +22 2 - - 4

CRD IV
Top 30 Related IT Skills

For the 6 months to 20 October 2014, IT contractor jobs within the UK citing CRD IV 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 CRD IV.

1 12 (85.71%) Finance
2 7 (50.00%) SQL
3 6 (42.86%) Basel II
3 6 (42.86%) Banking
4 5 (35.71%) Credit Risk
4 5 (35.71%) Basel III
5 4 (28.57%) Derivative
5 4 (28.57%) COREP
5 4 (28.57%) Data Analysis
5 4 (28.57%) Investment Banking
6 3 (21.43%) Equities
6 3 (21.43%) Agile Software Development
6 3 (21.43%) Legal
6 3 (21.43%) Management Information System
6 3 (21.43%) Hyperion
6 3 (21.43%) Foreign Exchange (FX)
6 3 (21.43%) Project Management
6 3 (21.43%) VBA
6 3 (21.43%) FINREP
6 3 (21.43%) Data Analytics
6 3 (21.43%) Risk Analytics
6 3 (21.43%) Analytics
6 3 (21.43%) Data Management
6 3 (21.43%) Risk Management
6 3 (21.43%) Market Risk
7 2 (14.29%) Time Management
7 2 (14.29%) Matrix Management
7 2 (14.29%) Stakeholder Engagement
7 2 (14.29%) Waterfall
7 2 (14.29%) Business Analysis

CRD IV
Top Related IT Skills by Category

For the 6 months to 20 October 2014, IT contractor jobs within the UK citing CRD IV 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 CRD IV. Up to 20 skills are shown per category.

Application Platforms
1 1 (7.14%) SAS
Applications
1 1 (7.14%) MS Office
Database & Business Intelligence
1 1 (7.14%) Data Warehouse
General
1 12 (85.71%) Finance
2 6 (42.86%) Banking
3 4 (28.57%) Investment Banking
4 3 (21.43%) Legal
5 2 (14.29%) Retail
6 1 (7.14%) General Ledger
6 1 (7.14%) Front Office
Job Titles
1 10 (71.43%) Analyst
2 6 (42.86%) Business Analyst
3 3 (21.43%) Data Analyst
4 2 (14.29%) Project Manager
4 2 (14.29%) Developer
5 1 (7.14%) Systems Analyst
5 1 (7.14%) Report Analyst
5 1 (7.14%) IT Business Analyst
Miscellaneous
1 5 (35.71%) Credit Risk
2 4 (28.57%) Derivative
3 3 (21.43%) Market Risk
3 3 (21.43%) Foreign Exchange (FX)
3 3 (21.43%) Management Information System
3 3 (21.43%) Equities
4 2 (14.29%) Analytical Skills
5 1 (7.14%) Reference Data
5 1 (7.14%) Credit Derivative
Processes & Methodologies
1 4 (28.57%) Data Analysis
2 3 (21.43%) Project Management
2 3 (21.43%) Risk Management
2 3 (21.43%) Agile Software Development
2 3 (21.43%) Data Management
2 3 (21.43%) Data Analytics
2 3 (21.43%) Risk Analytics
2 3 (21.43%) Analytics
3 2 (14.29%) Business Analysis
3 2 (14.29%) Resource Management
3 2 (14.29%) Enterprise Data Management
3 2 (14.29%) Matrix Management
3 2 (14.29%) Time Management
3 2 (14.29%) Stakeholder Engagement
3 2 (14.29%) Waterfall
3 2 (14.29%) PRINCE2
4 1 (7.14%) Line Management
4 1 (7.14%) Quality Management
4 1 (7.14%) Change Management
Programming Languages
1 7 (50.00%) SQL
2 3 (21.43%) VBA
Qualifications
1 2 (14.29%) PMP
1 2 (14.29%) PMI Certification
Quality Assurance & Compliance
1 6 (42.86%) Basel II
2 5 (35.71%) Basel III
3 4 (28.57%) COREP
4 3 (21.43%) FINREP
5 1 (7.14%) Data Quality
5 1 (7.14%) FATCA
5 1 (7.14%) MiFID
5 1 (7.14%) QA
Vendors
1 3 (21.43%) Hyperion
2 1 (7.14%) Business Objects
2 1 (7.14%) Microsoft
Edinburgh
Orgtel
Rate: £350 - £400 per day
Posted: 4 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 12 days ago
Edinburgh
Orgtel
Rate: £400 - £500 per day
Posted: 20 days ago
Edinburgh
Orgtel
Rate: £400 - £500 per day
Posted: 20 days ago
London
Orgtel
Rate: £550 - £650 per day
Posted: 26 days ago