The table below looks at the statistics for CRD IV skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited CRD IV over the 3 months to 25 July 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
25 Jul 2016
Same period 2015 Same period 2014
Capital Requirements Directive IV (CDR 4)
Rank 653 627 605
Rank change year-on-year
-26 -22
Contract jobs citing CRD IV 8 15 5
As % of all contract IT jobs located in the UK 0.015% 0.026% 0.009%
As % of the Quality Assurance & Compliance category 0.16% 0.28% 0.098%
Number of daily rates quoted 5 13 5
Median daily rate £700 £550 £500
Median daily rate % change year-on-year
+27.27% +10.00%
90% offered a daily rate of more than £605 £445 £370
10% offered a daily rate of more than £750 £620 £600
UK excluding London median daily rate - - £400
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
5132 5401 5080
As % of all contract IT jobs located in the UK 9.50% 9.48% 9.43%
Number of daily rates quoted 3264 3506 3096
Median daily rate £425 £425 £406
Median daily rate % change year-on-year
- +4.67%
90% offered a daily rate of more than £245 £250 £240
10% offered a daily rate of more than £585 £600 £550
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 204 196 207
Median hourly rate £28.00 £21.67 £20.00
Median hourly rate % change year-on-year
+29.24% +8.32%
90% offered a hourly rate of more than £10.37 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £44.10
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

CRD IV
Jobs Demand Trend

The demand trend of contract jobs citing CRD IV as a proportion of all IT contracts with a match in 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 25 July 2016.

CRD IV Daily Rate Histogram in the UK

CRD IV
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing CRD IV within the UK over the 3 months to 25 July 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
London -12 7 £700 +27.27% 1
England -12 7 £700 +27.27% 2
City of London - 1 £613 -
Edinburgh - 1 - -
Scotland - 1 - -

CRD IV
Top 30 Related IT Skills

For the 6 months to 25 July 2016, IT contractor jobs citing CRD IV 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 CRD IV.

1 12 (75.00%) COREP
2 11 (68.75%) Finance
3 10 (62.50%) Banking
3 10 (62.50%) Credit Risk
4 9 (56.25%) Basel III
5 8 (50.00%) Investment Banking
6 7 (43.75%) Market Risk
6 7 (43.75%) Project Management
7 5 (31.25%) Basel II
7 5 (31.25%) Test Scripting
8 4 (25.00%) Translating Business Requirements
8 4 (25.00%) Stress Testing
8 4 (25.00%) Business Analysis
8 4 (25.00%) Agile Software Development
8 4 (25.00%) Data Mining
9 3 (18.75%) MS Excel
9 3 (18.75%) Disaster Recovery
9 3 (18.75%) Management Information System
9 3 (18.75%) Front Office
9 3 (18.75%) Migration
9 3 (18.75%) Risk Management
9 3 (18.75%) Security Testing
9 3 (18.75%) User Acceptance Testing
9 3 (18.75%) Analytical Skills
9 3 (18.75%) SDLC
10 2 (12.50%) Virtual Team
10 2 (12.50%) Data Mapping
10 2 (12.50%) FINREP
10 2 (12.50%) Data Quality
10 2 (12.50%) Technical Analysis

CRD IV
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 1 (6.25%) SAS
Applications
1 3 (18.75%) MS Excel
2 2 (12.50%) MS PowerPoint
2 2 (12.50%) MS Project
Database & Business Intelligence
1 4 (25.00%) Data Mining
2 2 (12.50%) BusinessObjects
2 2 (12.50%) Data Warehouse
3 1 (6.25%) SAS Enterprise Guide
General
1 11 (68.75%) Finance
2 10 (62.50%) Banking
3 8 (50.00%) Investment Banking
4 3 (18.75%) Front Office
5 2 (12.50%) Back Office
5 2 (12.50%) General Ledger
Job Titles
1 11 (68.75%) Business Analyst
2 10 (62.50%) Analyst
3 5 (31.25%) Report Analyst
3 5 (31.25%) Risk Analyst
3 5 (31.25%) Risk Business Analyst
4 4 (25.00%) Report Manager
5 3 (18.75%) IT Manager
5 3 (18.75%) IT Project Manager
5 3 (18.75%) Project Manager
5 3 (18.75%) Regulatory Business Analyst
5 3 (18.75%) Regulatory Reporting Business Analyst
6 2 (12.50%) Banking Analyst
6 2 (12.50%) Banking Business Analyst
6 2 (12.50%) Credit Analyst
6 2 (12.50%) Credit Risk Analyst
6 2 (12.50%) Credit Risk Business Analyst
6 2 (12.50%) Finance Business Analyst
6 2 (12.50%) Financial Analyst
6 2 (12.50%) Liquidity Business Analyst
6 2 (12.50%) SQL Analyst
Miscellaneous
1 10 (62.50%) Credit Risk
2 7 (43.75%) Market Risk
3 3 (18.75%) Analytical Skills
3 3 (18.75%) Management Information System
4 2 (12.50%) Contract for Difference
4 2 (12.50%) Derivative
4 2 (12.50%) Equities
4 2 (12.50%) Fixed Income
4 2 (12.50%) Foreign Exchange (FX)
4 2 (12.50%) Virtual Team
5 1 (6.25%) Reference Data
Processes & Methodologies
1 7 (43.75%) Project Management
2 5 (31.25%) Test Scripting
3 4 (25.00%) Agile Software Development
3 4 (25.00%) Business Analysis
3 4 (25.00%) Stress Testing
3 4 (25.00%) Translating Business Requirements
4 3 (18.75%) Disaster Recovery
4 3 (18.75%) Migration
4 3 (18.75%) Risk Management
4 3 (18.75%) SDLC
4 3 (18.75%) Security Testing
4 3 (18.75%) User Acceptance Testing
5 2 (12.50%) Business Intelligence
5 2 (12.50%) Cost-Benefit Analysis
5 2 (12.50%) Data Analysis
5 2 (12.50%) Data Mapping
5 2 (12.50%) IT Governance
5 2 (12.50%) Technical Analysis
6 1 (6.25%) Data Management
6 1 (6.25%) ETL
Programming Languages
1 2 (12.50%) SQL
Qualifications
1 2 (12.50%) Degree
2 1 (6.25%) ISTQB
Quality Assurance & Compliance
1 12 (75.00%) COREP
2 9 (56.25%) Basel III
3 5 (31.25%) Basel II
4 2 (12.50%) Data Quality
4 2 (12.50%) FINREP
Systems Management
1 1 (6.25%) HP Quality Center
Vendors
1 2 (12.50%) Microsoft
2 1 (6.25%) HP
2 1 (6.25%) ION Trading