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 26 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
26 Aug 2016
Same period 2015 Same period 2014
Capital Requirements Directive IV (CDR 4)
Rank 647 641 631
Rank change year-on-year
-6 -10
Contract jobs citing CRD IV 6 17 4
As % of all contract IT jobs located in the UK 0.011% 0.029% 0.007%
As % of the Quality Assurance & Compliance category 0.12% 0.31% 0.074%
Number of daily rates quoted 3 15 4
Median daily rate £750 £550 £525
Median daily rate % change year-on-year
+36.36% +4.76%
UK excluding London median daily rate - - £450
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
5043 5530 5407
As % of all contract IT jobs located in the UK 9.32% 9.47% 9.58%
Number of daily rates quoted 3250 3475 3320
Median daily rate £425 £425 £413
Median daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £250 £263 £230
10% offered a daily rate of more than £575 £600 £555
UK excluding London median daily rate £400 £403 £385
% change year-on-year
-0.62% +4.54%
Number of hourly rates quoted 194 219 215
Median hourly rate £28.00 £24.12 £19.50
Median hourly rate % change year-on-year
+16.11% +23.66%
90% offered a hourly rate of more than £10.50 £12.00 £12.00
10% offered a hourly rate of more than £47.00 £60.61 £43.00
UK excluding London median hourly rate £28.15 £25.06 £19.50
% change year-on-year
+12.33% +28.51%

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 26 August 2016.

CRD IV Daily Rate Histogram in the UK

CRD IV
Top 4 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 26 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 -9 5 £750 +36.36% 1
London -21 5 £750 +36.36% 1
Edinburgh - 1 - -
Scotland - 1 - -

CRD IV
Top 30 Related IT Skills

For the 6 months to 26 August 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 9 (75.00%) Credit Risk
1 9 (75.00%) COREP
2 8 (66.67%) Finance
3 7 (58.33%) Project Management
3 7 (58.33%) Banking
3 7 (58.33%) Market Risk
3 7 (58.33%) Basel III
4 6 (50.00%) Investment Banking
5 5 (41.67%) Basel II
6 4 (33.33%) Stress Testing
7 3 (25.00%) Agile Software Development
7 3 (25.00%) Business Analysis
7 3 (25.00%) Migration
7 3 (25.00%) Disaster Recovery
7 3 (25.00%) Management Information System
7 3 (25.00%) Front Office
7 3 (25.00%) Data Mining
7 3 (25.00%) Security Testing
7 3 (25.00%) Test Scripting
7 3 (25.00%) SDLC
7 3 (25.00%) Translating Business Requirements
7 3 (25.00%) Risk Management
8 2 (16.67%) Data Mapping
8 2 (16.67%) User Acceptance Testing
8 2 (16.67%) SQL
8 2 (16.67%) MS Excel
9 1 (8.33%) Equities
9 1 (8.33%) ION Trading
9 1 (8.33%) Cost-Benefit Analysis
9 1 (8.33%) MS PowerPoint

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:

Applications
1 2 (16.67%) MS Excel
2 1 (8.33%) MS PowerPoint
2 1 (8.33%) MS Project
Database & Business Intelligence
1 3 (25.00%) Data Mining
2 1 (8.33%) BusinessObjects
2 1 (8.33%) Data Warehouse
General
1 8 (66.67%) Finance
2 7 (58.33%) Banking
3 6 (50.00%) Investment Banking
4 3 (25.00%) Front Office
5 1 (8.33%) Back Office
5 1 (8.33%) General Ledger
Job Titles
1 8 (66.67%) Business Analyst
2 7 (58.33%) Analyst
3 5 (41.67%) Risk Analyst
3 5 (41.67%) Risk Business Analyst
4 4 (33.33%) Report Analyst
4 4 (33.33%) Report Manager
5 3 (25.00%) IT Manager
5 3 (25.00%) IT Project Manager
5 3 (25.00%) Project Manager
5 3 (25.00%) Regulatory Business Analyst
5 3 (25.00%) Regulatory Reporting Business Analyst
6 2 (16.67%) Banking Analyst
6 2 (16.67%) Banking Business Analyst
6 2 (16.67%) Credit Analyst
6 2 (16.67%) Credit Risk Analyst
6 2 (16.67%) Credit Risk Business Analyst
6 2 (16.67%) Finance Business Analyst
6 2 (16.67%) Financial Analyst
6 2 (16.67%) SQL Analyst
7 1 (8.33%) IT Business Analyst
Miscellaneous
1 9 (75.00%) Credit Risk
2 7 (58.33%) Market Risk
3 3 (25.00%) Management Information System
4 1 (8.33%) Analytical Skills
4 1 (8.33%) Contract for Difference
4 1 (8.33%) Derivative
4 1 (8.33%) Equities
4 1 (8.33%) Fixed Income
4 1 (8.33%) Foreign Exchange (FX)
4 1 (8.33%) Virtual Team
Processes & Methodologies
1 7 (58.33%) Project Management
2 4 (33.33%) Stress Testing
3 3 (25.00%) Agile Software Development
3 3 (25.00%) Business Analysis
3 3 (25.00%) Disaster Recovery
3 3 (25.00%) Migration
3 3 (25.00%) Risk Management
3 3 (25.00%) SDLC
3 3 (25.00%) Security Testing
3 3 (25.00%) Test Scripting
3 3 (25.00%) Translating Business Requirements
4 2 (16.67%) Data Mapping
4 2 (16.67%) User Acceptance Testing
5 1 (8.33%) Business Intelligence
5 1 (8.33%) Cost-Benefit Analysis
5 1 (8.33%) Data Analysis
5 1 (8.33%) IT Governance
5 1 (8.33%) Systems Analysis
5 1 (8.33%) Technical Analysis
Programming Languages
1 2 (16.67%) SQL
Qualifications
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 9 (75.00%) COREP
2 7 (58.33%) Basel III
3 5 (41.67%) Basel II
4 1 (8.33%) Data Quality
4 1 (8.33%) FINREP
Vendors
1 1 (8.33%) ION Trading
1 1 (8.33%) Microsoft