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 29 May 2015 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
29 May 2015
Same period 2014 Same period 2013
Capital Requirements Directive IV (CDR 4)
Rank 585 564 543
Rank change year-on-year
-21 -21
Contract jobs citing CRD IV 11 31 11
As % of all contract IT jobs located in the UK 0.021% 0.059% 0.023%
As % of the Quality Assurance & Compliance category 0.26% 0.73% 0.30%
Number of daily rates quoted 6 24 9
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£538 £569 £550
Average daily rate % change year-on-year
-5.49% +3.40%
90% offered a daily rate of more than £456 £448 £425
10% offered a daily rate of more than £575 £660 £575
UK excluding London average daily rate - £600 £425
% change year-on-year
- +41.17%
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
4228 4222 3624
As % of all contract IT jobs located in the UK 7.93% 7.98% 7.65%
Number of daily rates quoted 2655 2582 2204
Average daily rate £413 £400 £425
Average daily rate % change year-on-year
+3.12% -5.88%
90% offered a daily rate of more than £260 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 145 196 110
Average hourly rate £21.00 £21.00 £19.50
Average hourly rate % change year-on-year
- +7.69%
90% offered a hourly rate of more than £11.88 £11.00 £11.50
10% offered a hourly rate of more than £45.00 £45.00 £59.75
UK excluding London average hourly rate £21.55 £21.00 £18.50
% change year-on-year
+2.61% +13.51%

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 29 May 2015.

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 29 May 2015. 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
London -12 11 £538 -5.49% 8
England -38 11 £538 -6.52% 9
City of London -1 2 £456 -18.88% 1

CRD IV
Top 30 Related IT Skills

For the 6 months to 29 May 2015, 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 14 (77.78%) Finance
2 13 (72.22%) Banking
3 9 (50.00%) Basel III
4 7 (38.89%) COREP
5 6 (33.33%) Investment Banking
6 5 (27.78%) MS Excel
6 5 (27.78%) Data Analysis
6 5 (27.78%) Technical Analysis
7 4 (22.22%) Analytical Skills
7 4 (22.22%) Microsoft
7 4 (22.22%) Project Management
7 4 (22.22%) Back Office
7 4 (22.22%) General Ledger
7 4 (22.22%) Business Analysis
8 3 (16.67%) Fixed Income
8 3 (16.67%) Equities
8 3 (16.67%) Agile Software Development
8 3 (16.67%) Degree
8 3 (16.67%) Business Intelligence
8 3 (16.67%) Foreign Exchange (FX)
8 3 (16.67%) Data Warehouse
8 3 (16.67%) SQL
8 3 (16.67%) Business Objects
8 3 (16.67%) FINREP
8 3 (16.67%) Credit Risk
8 3 (16.67%) Derivative
9 2 (11.11%) IT Governance
9 2 (11.11%) MS Office
9 2 (11.11%) COM
9 2 (11.11%) PRINCE2

CRD IV
Top Related IT Skills by Category

For the 6 months to 29 May 2015, 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 (5.56%) SharePoint
1 1 (5.56%) SAS
Applications
1 5 (27.78%) MS Excel
2 2 (11.11%) MS Office
3 1 (5.56%) MS PowerPoint
Database & Business Intelligence
1 3 (16.67%) Data Warehouse
2 2 (11.11%) MS Access
3 1 (5.56%) BusinessObjects
General
1 14 (77.78%) Finance
2 13 (72.22%) Banking
3 6 (33.33%) Investment Banking
4 4 (22.22%) Back Office
4 4 (22.22%) General Ledger
5 2 (11.11%) Legal
5 2 (11.11%) Telecoms
5 2 (11.11%) Retail
6 1 (5.56%) Japanese Language
6 1 (5.56%) Front Office
Job Titles
1 12 (66.67%) Analyst
2 9 (50.00%) Business Analyst
3 2 (11.11%) Banking Business Analyst
3 2 (11.11%) Project Manager
3 2 (11.11%) Developer
3 2 (11.11%) .NET Developer
4 1 (5.56%) Technical Business Analyst
4 1 (5.56%) IT Business Analyst
4 1 (5.56%) Technical Analyst
4 1 (5.56%) Data Analyst
4 1 (5.56%) Report Analyst
4 1 (5.56%) Credit Risk Analyst
4 1 (5.56%) Investment Banking Business Analyst
4 1 (5.56%) Test Manager
4 1 (5.56%) Testing Manager
4 1 (5.56%) Report Manager
4 1 (5.56%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 2 (11.11%) COM
1 2 (11.11%) .NET
2 1 (5.56%) WPF
2 1 (5.56%) LINQ
2 1 (5.56%) XBRL
Miscellaneous
1 4 (22.22%) Analytical Skills
2 3 (16.67%) Fixed Income
2 3 (16.67%) Equities
2 3 (16.67%) Foreign Exchange (FX)
2 3 (16.67%) Credit Risk
2 3 (16.67%) Derivative
3 2 (11.11%) Contract for Difference
3 2 (11.11%) Market Risk
4 1 (5.56%) Reference Data
Processes & Methodologies
1 5 (27.78%) Data Analysis
1 5 (27.78%) Technical Analysis
2 4 (22.22%) Project Management
2 4 (22.22%) Business Analysis
3 3 (16.67%) Agile Software Development
3 3 (16.67%) Business Intelligence
4 2 (11.11%) IT Governance
4 2 (11.11%) PRINCE2
4 2 (11.11%) Change Management
4 2 (11.11%) User Acceptance Testing
4 2 (11.11%) Stress Testing
4 2 (11.11%) Cost-Benefit Analysis
4 2 (11.11%) Asset Management
4 2 (11.11%) Data Management
5 1 (5.56%) Document Management
5 1 (5.56%) Programme Management
5 1 (5.56%) Test Scripting
5 1 (5.56%) Time Management
5 1 (5.56%) Data Migration
5 1 (5.56%) Data Cleansing
Programming Languages
1 3 (16.67%) SQL
2 2 (11.11%) VBA
3 1 (5.56%) C#
3 1 (5.56%) Python
Qualifications
1 3 (16.67%) Degree
2 1 (5.56%) PMP
2 1 (5.56%) PMI Certification
Quality Assurance & Compliance
1 9 (50.00%) Basel III
2 7 (38.89%) COREP
3 3 (16.67%) FINREP
4 2 (11.11%) Basel II
5 1 (5.56%) QA
Vendors
1 4 (22.22%) Microsoft
2 3 (16.67%) Business Objects
3 1 (5.56%) Sybase
3 1 (5.56%) SAP
London
Aston Carter
Rate: £400 - £500 per day
Posted: 10 hours ago
London
Orgtel
Rate: £400 - £600 per day
Posted: 2 days ago
Birmingham
Orgtel
Rate: £350 - £400 per day + competitive
Posted: 3 days ago
London
Huxley Banking & Financial Services
Rate: £500 - £570 per day + competitive
Posted: 21 days ago