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 21 February 2017 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
21 Feb 2017
Same period 2016 Same period 2015
Capital Requirements Directive IV (CDR 4)
UK
Rank 592 611 612
Rank change year-on-year
+19 +1
Contract jobs citing CRD IV 4 13 8
As % of all contract IT jobs located in the UK 0.009% 0.025% 0.015%
As % of the Quality Assurance & Compliance category 0.089% 0.26% 0.16%
Number of daily rates quoted 2 9 6
Median daily rate £488 £575 £525
Median daily rate % change year-on-year
-15.21% +9.52%
90% offered a daily rate of more than £438 £465 £413
10% offered a daily rate of more than £538 £650 £563
UK excluding London median daily rate £425 £625 -
% change year-on-year
-32.00% -
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
4515 5070 4927
As % of all contract IT jobs located in the UK 9.96% 9.91% 9.55%
Number of daily rates quoted 2937 3140 2983
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £270 £225
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £416 £400 £395
% change year-on-year
+4.00% +1.26%
Number of hourly rates quoted 155 195 164
Median hourly rate £20.97 £42.50 £22.50
Median hourly rate % change year-on-year
-50.65% +88.88%
90% offered a hourly rate of more than £11.00 £13.50 £11.00
10% offered a hourly rate of more than £51.90 £61.00 £49.10
UK excluding London median hourly rate £20.00 £44.00 £23.50
% change year-on-year
-54.54% +87.23%

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 21 February 2017.

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 21 February 2017. 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 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 +19 3 £550 -4.34% 2
London +3 3 £550 - 2
Scotland - 1 £425 -
Edinburgh - 1 £425 -

CRD IV
Top 30 Related IT Skills

For the 6 months to 21 February 2017, 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 7 (63.64%) Basel III
2 6 (54.55%) MS Excel
3 5 (45.45%) C#
3 5 (45.45%) SQL
3 5 (45.45%) T-SQL
3 5 (45.45%) .NET
3 5 (45.45%) SQL Server
3 5 (45.45%) Finance
3 5 (45.45%) Agile Software Development
3 5 (45.45%) Banking
3 5 (45.45%) .NET Framework
3 5 (45.45%) JIRA
3 5 (45.45%) WCF
3 5 (45.45%) WPF
3 5 (45.45%) LINQ
3 5 (45.45%) Confluence
4 4 (36.36%) Degree
4 4 (36.36%) Business Analysis
4 4 (36.36%) Unit Testing
4 4 (36.36%) Git (software)
4 4 (36.36%) Analytical Skills
4 4 (36.36%) Qlik Sense
4 4 (36.36%) Subversion
4 4 (36.36%) Stakeholder Management
4 4 (36.36%) Change Management
4 4 (36.36%) Risk Management
4 4 (36.36%) OO
5 3 (27.27%) Front Office
5 3 (27.27%) Credit Risk
5 3 (27.27%) QA

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 5 (45.45%) Confluence
Applications
1 6 (54.55%) MS Excel
2 1 (9.09%) MS Office
2 1 (9.09%) MS PowerPoint
2 1 (9.09%) MS Visio
Database & Business Intelligence
1 5 (45.45%) SQL Server
2 4 (36.36%) Qlik Sense
3 2 (18.18%) QlikView
4 1 (9.09%) Data Warehouse
4 1 (9.09%) SQL Server Integration Services
4 1 (9.09%) SQL Server Reporting Services
Development Applications
1 5 (45.45%) JIRA
2 4 (36.36%) Git (software)
2 4 (36.36%) Subversion
General
1 5 (45.45%) Banking
1 5 (45.45%) Finance
2 3 (27.27%) Front Office
3 1 (9.09%) Investment Banking
3 1 (9.09%) Legal
Job Titles
1 6 (54.55%) Developer
2 5 (45.45%) SQL Developer
3 4 (36.36%) C# Developer
4 3 (27.27%) Analyst
4 3 (27.27%) C# Pricing Developer
5 2 (18.18%) Business Analyst
5 2 (18.18%) Credit Analyst
5 2 (18.18%) Credit Risk Analyst
5 2 (18.18%) QlikView Developer
5 2 (18.18%) Risk Analyst
6 1 (9.09%) Credit Risk Business Analyst
6 1 (9.09%) Data Warehouse Developer
6 1 (9.09%) Market Risk Analyst
6 1 (9.09%) Project Manager
6 1 (9.09%) Regulatory Business Analyst
6 1 (9.09%) Report Analyst
6 1 (9.09%) Risk Business Analyst
6 1 (9.09%) SQL Server Developer
6 1 (9.09%) TM1 Developer
Libraries, Frameworks & Software Standards
1 5 (45.45%) .NET
1 5 (45.45%) .NET Framework
1 5 (45.45%) LINQ
1 5 (45.45%) WCF
1 5 (45.45%) WPF
Miscellaneous
1 4 (36.36%) Analytical Skills
2 3 (27.27%) Credit Risk
3 1 (9.09%) Derivative
3 1 (9.09%) Management Information System
3 1 (9.09%) OTC Derivatives
Processes & Methodologies
1 5 (45.45%) Agile Software Development
2 4 (36.36%) Business Analysis
2 4 (36.36%) Change Management
2 4 (36.36%) OO
2 4 (36.36%) Risk Management
2 4 (36.36%) Stakeholder Management
2 4 (36.36%) Unit Testing
3 2 (18.18%) Project Management
3 2 (18.18%) Stress Testing
4 1 (9.09%) Analytics
4 1 (9.09%) Business Continuity
4 1 (9.09%) Line Management
4 1 (9.09%) Matrix Management
4 1 (9.09%) Matrix Organization
4 1 (9.09%) Monte Carlo Method
4 1 (9.09%) Performance Tuning
4 1 (9.09%) Process Improvement
4 1 (9.09%) Programme Governance
4 1 (9.09%) Service Delivery
4 1 (9.09%) Test Planning
Programming Languages
1 5 (45.45%) C#
1 5 (45.45%) SQL
1 5 (45.45%) T-SQL
Qualifications
1 4 (36.36%) Degree
2 1 (9.09%) CISA
2 1 (9.09%) CISM
2 1 (9.09%) CISSP
2 1 (9.09%) QiCA
Quality Assurance & Compliance
1 7 (63.64%) Basel III
2 3 (27.27%) QA
3 1 (9.09%) AIFMD
3 1 (9.09%) Data Quality
3 1 (9.09%) Dodd-Frank
3 1 (9.09%) EMIR
3 1 (9.09%) MiFID
3 1 (9.09%) UCITS
Vendors
1 1 (9.09%) Microsoft